THE MULTIPLE MYELOMA RESEARCH FOUNDATION INC Charity Report

Public IRS 990 nonprofit record

THE MULTIPLE MYELOMA RESEARCH FOUNDATION INC

EIN 06-1504413 · Nerve, Muscle & Bone Diseases (G50)

What they do

SEE SCHEDULE O

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $81.50 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe explanation is very short. Ask what work they really do.

They name their leaders32 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

99.73%of revenue went to mission work81.5% of expenses · Program services

18.49%of revenue went to fundraising15.1% of expenses

$122.35spent for every $100 of revenueSpending was higher than revenue this year.

4.13%of revenue went to management and office costs3.4% of expenses

$1.86in assets for every $1 spent this yearSome assets cannot be spent right away.

82.8%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $6,502,923 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $492,322 for MICHAEL ANDREINI (PRESIDENT & CEO). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$29,101,414

Mission workProgram services$29,021,48499.73% of revenue81.5% of expenses

ManagementOffice and general costs$1,202,7274.13% of revenue3.4% of expenses

FundraisingAsking for donations$5,380,12618.49% of revenue15.1% of expenses

Total expenses$35,604,337122.35% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 81.5% mission · 3.4% management · 15.1% fundraisingTotal expenses: 122.35% of revenue

2023Expense mix: 83.5% mission · 3.2% management · 13.3% fundraisingTotal expenses: 123.39% of revenue

2022Expense mix: 84.2% mission · 3.0% management · 12.8% fundraisingTotal expenses: 84.98% of revenue

2021Expense mix: 86.4% mission · 3.4% management · 10.1% fundraisingTotal expenses: 88.98% of revenue

2020Expense mix: 83.8% mission · 3.9% management · 12.4% fundraisingTotal expenses: 106.56% of revenue

2019Expense mix: 85.5% mission · 2.4% management · 12.1% fundraisingTotal expenses: 76.39% of revenue

2018Expense mix: 88.0% mission · 1.9% management · 10.1% fundraisingTotal expenses: 82.05% of revenue

2017Expense mix: 90.6% mission · 1.5% management · 7.8% fundraisingTotal expenses: 66.83% of revenue

Money in and money out

Revenue$29,101,414

Expenses$35,604,337

Annual shortfall $6,502,923 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$29,021,484 · 81.5% of expenses

Management and office costs$1,202,727 · 3.4% of expenses

Fundraising$5,380,126 · 15.1% of expenses

See all reported dollar amounts

Revenue$29,101,414

Expenses$35,604,337

Assets$66,397,148

Income$128,814,115

Contributions$24,100,727

Mission work (program services)$29,021,484

Fundraising$5,380,126

Grants given$45,202,218

Average grant$217,318

Management and general$1,202,727

Stocks and bonds$28,979,841

Accounting fees$55,750

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

MICHAEL ANDREINIPRESIDENT & CEO · 40 hrs/week $492,322Base $466,042 · Other $26,280

GEORGE MULLIGANCHIEF SCIENTIFIC OFFICER · 40 hrs/week $387,816Base $342,276 · Other $45,540

STEPHANIE OESTREICHMANAGING DIRECTOR, MIF · 40 hrs/week $364,631Base $337,767 · Other $26,864

ANNE QUINN YOUNGCHIEF MISSION OFFICER · 40 hrs/week $353,857Base $335,322 · Other $18,535

ROBERT MIANITREASURER & CFO, THRU JUNE 2024 · 40 hrs/week $341,915Base $328,624 · Other $13,291

KAREN DIETZSECRETARY, CAO & GENERAL COUNSEL · 40 hrs/week $297,717Base $259,764 · Other $37,953

MARK HAMILTONASSOCIATE DIRECTOR, RESEARCH · 40 hrs/week $256,969Base $244,473 · Other $12,496

KATIE WOZNIAKVP OF CLINICAL RESEARCH · 40 hrs/week $256,808Base $218,889 · Other $37,919

CHRISTOPHER WILLIAMSVP OF ALLIANCE MANAGEMENT · 40 hrs/week $254,973Base $218,145 · Other $36,828

GREG RUBENSTEINVP OF MARKETING · 40 hrs/week $250,587Base $210,723 · Other $39,864

BRIAN HOCHBERGPRINCIPAL GIFT OFFICER · 40 hrs/week $212,892Base $177,081 · Other $35,811

HEARN CHOCHIEF MEDICAL OFFICER · 32 hrs/week $212,368Base $204,200 · Other $8,168

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (32)

MICHAEL ANDREINIPRESIDENT & CEO

GEORGE MULLIGANCHIEF SCIENTIFIC OFFICER

STEPHANIE OESTREICHMANAGING DIRECTOR, MIF

ANNE QUINN YOUNGCHIEF MISSION OFFICER

ROBERT MIANITREASURER & CFO, THRU JUNE 2024

KAREN DIETZSECRETARY, CAO & GENERAL COUNSEL

MARK HAMILTONASSOCIATE DIRECTOR, RESEARCH

KATIE WOZNIAKVP OF CLINICAL RESEARCH

CHRISTOPHER WILLIAMSVP OF ALLIANCE MANAGEMENT

GREG RUBENSTEINVP OF MARKETING

BRIAN HOCHBERGPRINCIPAL GIFT OFFICER

HEARN CHOCHIEF MEDICAL OFFICER

JOANNE PUGLIASR DIRECTOR FINANCE, CONTROLLER

HEATHER STEIGERSR DIRECTOR DIGITAL MARKETING

ALAN HEITNERTREASURER & CFO, AS OF OCT. 2024

WILLIAM MCKIERNANDIRECTOR

MARIE PINIZZOTTO MDDIRECTOR

MICHAEL MORTIMERDIRECTOR

RODNEY GILMOREDIRECTOR

STEVE SHAK MDDIRECTOR

SUSAN MARVINDIRECTOR

THOMAS CONHEENEYCHAIRMAN

LORI TAUBER-MARCUSDIRECTOR

KIMBERLY WHITEDIRECTOR

KENNETH ANDERSON MDDIRECTOR

KATHY GIUSTIFOUNDER & DIRECTOR

KAREN ANDREWSDIRECTOR

HUGH MARTINDIRECTOR

GERALD MCDOUGALLVICE CHAIRMAN

DAVID PARKINSON MDDIRECTOR

DAVID LUCCHINODIRECTOR

ADRIAN ROSENKRANZDIRECTOR

About this charity

Recognized since: January 1998
Location: 383 MAIN AVENUE 7TH FL, NORWALK, CT 06851
County: Fairfield
In care of: MICHAEL ANDREINI
Primary officer: MICHAEL ANDREINI, PRESIDENT & CEO

How to reach them

WebsiteVisit the charity’s website Phone(203) 229-0464

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: PKF OCONNOR DAVIES ADVISORY LLC
NTEE classification: Nerve, Muscle & Bone Diseases (G50)
IRS tax category: Nerve, Muscle & Bone Diseases
Grant-giving organization: Yes