2026-05-13T08:35:44-04:00 2025-12-31 461041593 FINANCIAL SOLUTION ADVISORS LLC 4350 PABLO PROFESSIONAL COURT JACKSONVILLE FL 32224 990 2025-01-01 411652941 CENTER FOR VETERANS RESEARCH AND EDUCATION CENT 6124674354 ONE VETERANS DRIVE MINNEAPOLIS MN 55417 NADINE ROGERS EXECUTIVE DIRECTOR 6124674354 2026-05-13 MICHAEL B MCLEOD CPA P00966646 9042962024 2026-05-13 2025 2025-03-06 01:10:19Z NADINE ROGERS ONE VETERANS DRIVE STE 151 MINNEAPOLIS MN 55417 7139520 false X WWW.CVRE.ORG X 1988 MN ESTABLISHED TO SERVICE AS A FLEXIBLE FUNDING MECHANISM FOR THE CONDUCT OF APPROVED RESEARCH AND RELATED ACTIVITIES AT THE MINNEAPOLIS VA HEALTH CARE SYSTEM (MVAHCS). SUPPORTED RESEARCH STUDIES ARE CONDUCTED FOR THE PURPOSE OF DISCOVERING NEW OR IMPROVED TREATMENTS FOR DISEASE AND DISABILITY; AND FOR EDUCATION OF VA PATIENTS AND FAMILIES, AND VA PERSONNEL FOR THEIR DEVELOPMENT AND ADVANCEMENT OF KNOWLEDGE. 11 4 56 4 0 3011 4859 6759062 6985753 131433 139520 9388 6893506 7139520 0 0 5607597 3316095 0 0 1536654 3683698 7144251 6999793 -250745 139727 6772819 7107235 1919204 2117326 4853615 4989909 X AT CVRE, OUR NUMBER ONE MISSION IS ADVANCING VETERANS' HEALTH. false false 5526314 6985753 FUNDING FOR THE RESEARCH ACTIVITIES OF CVRE IS DERIVED FROM FEDERAL AND STATE GRANTS AND CONTRACTS, AND PRIVATELY FUNDED AWARDS AND CONTRACTS PROVIDED BY CORPORATIONS AND OTHER NOT-FOR-PROFIT ORGANIZATIONS. THESE SPONSORED AWARDS ARE ISSUED IN THE FORMS OF - BUT NOT LIMITED - CRADAS (COOPERATIVE RESEARCH AND DEVELOPMENT AWARDS), INDUSTRY CONTRACTS, CLINICAL TRIAL AGREEMENTS AND GRANT AWARDS. CRADAS ESTABLISH THE TERMS OF SPONSORED COLLABORATIVE RESEARCH, GENERALLY WITH NON-FEDERAL INDUSTRY PARTNERS, AND ARE SPECIFICALLY DESIGNED TO PROTECT THE PARTIES' PRIOR INVENTIONS WHILE ALLOWING RESEARCH PARTNERS TO NEGOTIATE MANAGEMENT OF ANY NEW DISCOVERY OR INTELLECTUAL PROPERTY THAT MAY RESULT FROM THE COLLABORATION. CRADAS ARE GOVERNED BY THE TITLE 15 COMMERCE AND TRADE, CHAPTER 63, TECHNOLOGY INNOVATIONS, SECTION 3710A COOPERATIVE RESEARCH AND DEVELOPMENT AGREEMENTS. THEY ARE SUBJECT TO REVIEW AND APPROVAL OF THE VA OFFICE OF GENERAL COUNSEL (OGC). ALL RESEARCH PROJECTS MUST BE APPROVED BY THE MVAHCS RESEARCH & DEVELOPMENT (R&D) COMMITTEE AND APPLICABLE SUBCOMMITTEES. THE R&D COMMITTEE HAS OVERALL RESPONSIBILITY FOR THE CONDUCT AND OVERSIGHT OF ALL RESEARCH ADMINISTERED THIS ORGANIZATION, AND THE RESEARCH IS GOVERNED BY FEDERAL RULES AND REGULATIONS. THESE TYPES OF RESEARCH STUDIES ARE DIFFERENTIATED BY FUNDING SOURCE, AND BY THEIR INTENT TO GENERATE NEW KNOWLEDGE. 156387 EDUCATIONAL PROGRAMS SUPPORTED BY THIS ORGANIZATION MUST BENEFIT VA PATIENTS AND THEIR FAMILIES, AND VA PERSONNEL. EDUCATION ACTIVITIES MUST BE APPROVED BY THE MVAHCS EDUCATION COMMITTEE OR DESIGNEE. ELIGIBLE EDUCATIONAL PROGRAMS ARE DEFINED UNDER 38 U.S.C. 7362(B). 5682701 true false false false false false false false false false true false false false true true true false false false false false false false false false false false false true false false false false false false false false false false false false false true false true false true 54 0 56 true false false false false false false false false false false false false false false X 11 4 false true false false false true false true true false false true true true true true true true false false MN X NADINE ROGERS 6124674354 ONE VETERANS DRIVE STE 151 MINNEAPOLIS MN 554172309 MICHAEL ARMSTRONG PRESIDENT 0.10 40.00 X X 0 399430 124820 BRADLEY BART DIRECTOR 0.10 40.00 X 0 381566 96068 STEVEN FU VICE PRESIDE 0.10 40.00 X X 0 350792 113219 PATRICK KELLY DIRECTOR 0.10 40.00 X 0 272841 87532 ORLY VARDENY NI DIRECTOR 0.10 40.00 X 0 180969 71414 VANITA AHUJA DIRECTOR 0.10 40.00 X 0 178238 49269 NADINE ROGERS EXECUTIVE DI 40.00 0.00 X 166736 0 6885 NICHOLAS DAVENPORT DIRECTOR 0.10 40.00 X 0 116446 40923 NICOLE CHRIST RES PROG MGR 40.00 X 115852 0 11125 JENNIFER ROBB CLIN TRIAL M 40.00 X 105700 0 15503 ASHLEA MAYBERRY RES PROG MGR 40.00 X 105413 0 4360 PAMELA SHARPE GRANT ADM MG 40.00 X 102871 0 460 THOMAS LYONS TREASURER 0.10 X X 0 0 0 ERIC MEITTUNEN DIRECTOR 0.10 X 0 0 0 MATTHEW MEYER DIRECTOR 0.10 X 0 0 0 JANE MORASKI DIRECTOR 0.10 X 0 0 0 596572 1880282 621578 5 false true false 4859 4859 GRANT RESEARCH INC - FEDERAL 541700 3125646 3125646 GRANT RESEARCH INC - NON-FED 541700 1475540 1475540 PHARMACEUTICAL CONTRACTS 541700 1302104 1302104 CONTRACT RESEARCH INCOME 541700 571659 571659 REIMBURSED IPA SALARY 541700 510804 510804 6985753 139520 139520 OTHER INCOME 541700 9388 9388 9388 7139520 6995141 139520 X 166736 166736 2659612 2082552 577060 61912 40552 21360 192039 125352 66687 235796 175499 60297 9720 9720 70900 70900 885941 843839 42102 4058 1353 2705 53458 6045 47413 57247 18460 38787 28737 13377 15360 50756 50756 8300 685 7615 VA SALARY REIMBURSEMENTS 2253477 2253477 PROVISION FOR CREDIT LOSS 112729 112729 EQUIPMENT & REPAIRS 76859 29631 47228 HONORARIUMS 26680 10380 16300 44836 21023 23813 6999793 5682701 1317092 0 188161 276835 3645512 3888641 1820182 1476801 909882 1322914 37906 9237 668399 570592 136176 97807 35000 35000 6772819 7107235 1125486 1200489 244499 122166 549219 794671 1919204 2117326 X 4802062 4938124 51553 51785 4853615 4989909 6772819 7107235 139727 -3433 X false true X true true X MINNEAPOLIS VA HEALTH CARE SYSTEM (MVAHCS) MINNEAPOLIS MN 668399 570592 97807 97807 REFUNDABLE ADVANCES 794671 794671 X 7177405 -3433 41318 37885 7139520 7139520 7041111 41318 41318 6999793 6999793 SCHEDULE D, PAGE 3, PART X THE ORGANIZATION QUALIFIES AS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501 (C)(3) OF THE INTERNAL REVENUE CODE. THE ORGANIZATION PERIODICALLY ASSESSES WHETHER IT HAS INCURRED INCOME TAX EXPENSE OR RELATED INTEREST OR PENALTIES IN ACCORDANCE WITH ACCOUNTING FOR UNCERTAIN TAX POSITIONS. NO SUCH AMOUNTS WERE RECOGNIZED FOR THE YEARS ENDING DECEMBER 31, 2025 AND 2024, RESPECTIVELY. THE ORGANIZATION FOLLOWS THE INCOME TAX STANDARD FOR UNCERTAIN TAX POSITIONS. THE ORGANIZATION HAS EVALUATED THEIR TAX POSITIONS AND DETERMINED THEY HAVE NO UNCERTAIN TAX POSITIONS AS OF DECEMBER 31, 2025 AND 2024. SHOULD THE ORGANIZATIONS TAX-EXEMPT STATUS BE CHALLENGED IN THE FUTURE, THE ORGANIZATIONS 2022, 2023, AND 2024 TAX YEARS ARE OPEN FOR EXAMINATION BY THE IRS. false false false false false false false false false MICHAEL ARMSTRONG PRESIDENT 399430 89879 34941 524250 BRADLEY BART DIRECTOR 381566 79579 16489 477634 STEVEN FU VICE PRESIDENT 350792 78892 34327 464011 PATRICK KELLY DIRECTOR 272841 64420 23112 360373 ORLY VARDENY NI DIRECTOR 180969 39012 32402 252383 VANITA AHUJA DIRECTOR 178238 36541 12728 227507 NADINE ROGERS EXECUTIVE DIRECTOR 166736 6425 460 173621 NICHOLAS DAVENPORT DIRECTOR 116446 24515 16408 157369 FORM 990, PAGE 2, PART III, LINE 4A FUNDING FOR THE RESEARCH ACTIVITIES OF CVRE IS DERIVED FROM FEDERAL AND STATE GRANTS AND CONTRACTS, AND PRIVATELY FUNDED AWARDS AND CONTRACTS PROVIDED BY CORPORATIONS AND OTHER NOT-FOR-PROFIT ORGANIZATIONS. THESE SPONSORED AWARDS ARE ISSUED IN THE FORMS OF - BUT NOT LIMITED - CRADAS (COOPERATIVE RESEARCH AND DEVELOPMENT AWARDS), INDUSTRY CONTRACTS, CLINICAL TRIAL AGREEMENTS AND GRANT AWARDS. CRADAS ESTABLISH THE TERMS OF SPONSORED COLLABORATIVE RESEARCH, GENERALLY WITH NON-FEDERAL INDUSTRY PARTNERS, AND ARE SPECIFICALLY DESIGNED TO PROTECT THE PARTIES' PRIOR INVENTIONS WHILE ALLOWING RESEARCH PARTNERS TO NEGOTIATE MANAGEMENT OF ANY NEW DISCOVERY OR INTELLECTUAL PROPERTY THAT MAY RESULT FROM THE COLLABORATION. CRADAS ARE GOVERNED BY THE TITLE 15 COMMERCE AND TRADE, CHAPTER 63, TECHNOLOGY INNOVATIONS, SECTION 3710A COOPERATIVE RESEARCH AND DEVELOPMENT AGREEMENTS. THEY ARE SUBJECT TO REVIEW AND APPROVAL OF THE VA OFFICE OF GENERAL COUNSEL (OGC). ALL RESEARCH PROJECTS MUST BE APPROVED BY THE MVAHCS RESEARCH & DEVELOPMENT (R&D) COMMITTEE AND APPLICABLE SUBCOMMITTEES. THE R&D COMMITTEE HAS OVERALL RESPONSIBILITY FOR THE CONDUCT AND OVERSIGHT OF ALL RESEARCH ADMINISTERED THIS ORGANIZATION, AND THE RESEARCH IS GOVERNED BY FEDERAL RULES AND REGULATIONS. THESE TYPES OF RESEARCH STUDIES ARE DIFFERENTIATED BY FUNDING SOURCE, AND BY THEIR INTENT TO GENERATE NEW KNOWLEDGE. FORM 990, PAGE 6, PART VI, LINE 3 CVRE HAS A CONTRACT WITH ADP, WHO ACTS AS A PROFESSIONAL EMPLOYER ORGANIZATION (PEO), PROVIDING PAYROLL AND HUMAN RESOURCES SERVICES. FORM 990, PAGE 6, PART VI, LINE 7A CATEGORY I BOARD MEMBERS ARE AUTOMATICALLY ON THE BOARD OF CVRE DUE TO THEIR POSITION HELD AT THE MVAHCS. DIRECTED BY VHA HANDBOOK 1200.17 TITLE 38 U.S.C SECTIONS 7361 THROUGH 7366. FORM 990, PAGE 6, PART VI, LINE 11B AN INDEPENDENT ACCOUNTING FIRM PREPARES AND REVIEWS THE 990. THE 990 IS THEN REVIEWED BY THE ORGANIZATION'S EXECUTIVE DIRECTOR AND CONTROLLER. ANY QUESTIONS OR CONCERNS THE ORGANIZATION'S EXECUTIVE DIRECTOR AND CONTROLLER HAVE ARE ADDRESSED AND ANY CORRECTIONS OR CLARIFICATIONS THAT NEED TO BE MADE ARE MADE. A COPY OF THE FORM 990 IS PROVIDED TO THE CVRE FINANCE & AUDIT COMMITTEE AND CVRE BOARD BEFORE BEING FILED. FORM 990, PAGE 6, PART VI, LINE 12C CVRE HAS A WRITTEN CONFLICT OF INTEREST POLICY. CVRE REQUIRES OFFICERS, DIRECTORS, AND KEY EMPLOYEES REVIEW AND SIGN THE POLICY EACH YEAR AND DISCLOSE ANY INTEREST THAT COULD GIVE RISE TO CONFLICTS. THE CVRE BOARD WILL CONVENE IF THERE IS REASON TO BELIEVE THAT A POTENTIAL CONFLICT OF INTEREST MAY EXIST. A DIRECTOR, OFFICER OR EMPLOYEE WHO HAS A POTENTIAL CONFLICT OF INTEREST WITH RESPECT TO A PROPOSED DECISION, POLICY OR TRANSACTION OR ARRANGEMENT (AN INTERESTED PARTY) WILL NOT PARTICIPATE IN ANY WAY IN, OR BE PRESENT DURING, THE DELIBERATIONS AND DECISION MAKING VOTE WITH RESPECT TO SUCH MATTER. HOWEVER, THAT PERSON WILL HAVE AN OPPORTUNITY TO PROVIDE FACTUAL INFORMATION ABOUT THE PROPOSED CONFLICT AND/OR MATTER THAT PROVOKED THE POTENTIAL CONFLICT. ALSO, THE BOARD MAY REQUEST THAT AN INTERESTED PARTY BE AVAILABLE TO ANSWER QUESTIONS. A DECISION BY THE DISINTERESTED MEMBERS OF THE BOARD WILL BE MADE BY VOTE OF A MAJORITY OF MEMBERS IN ATTENDANCE AT A MEETING AT WHICH A QUORUM IS PRESENT. FORM 990, PAGE 6, PART VI, LINE 15A THE BOARD, MADE UP OF MOSTLY NON-INDEPENDENT PERSONS, REVIEWED AND APPROVED COMPENSATION FOR THE KEY EMPLOYEE IN 2025. FORM 990, PAGE 6, PART VI, LINE 19 CVRE MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G CONTRACT PAYMENTS 663,349 0 0 LAB SERVICES 36,355 340 0 OTHER CONTRACTED SERVICES 14,600 21,272 0 PAYROLL PROCESSING FEES 49,849 16,940 0 RESEARCH SUBJECT PAYMENTS 79,686 3,550 0 TOTAL 843,839 42,102 0 MINNEAPOLIS VA HEALTH CARE SYSTEM ONE VETERANS DRIVE MINNEAPOLIS MN 55417 410696270 VET AFFAIR MN 501C1 NA false false false false false false false false false false false true false false true true true true true false MINNEAPOLIS VA MEDICAL HCS O 2264534 COST MINNEAPOLIS VA MEDICAL HCS Q 510804 COST