THE TERMEER INSTITUTE INC Charity Report

Public IRS 990 nonprofit record

THE TERMEER INSTITUTE INC

EIN 83-3891656 · Diseases of Specific Organs Research (H40)

What they do

THE TERMEER INSTITUTE is A CATALYST for INNOVATION THAT BRINGS LIFE-CHANGING TREATMENTS to PATIENTS WORLDWIDE BY EMPOWERING THE NEXT GENERATION of GLOBAL LIFE SCIENCE LEADERS. WE ADDRESS A CRITICAL GAP IN THE INDUSTRYTHE HUMAN VARIABLEBY CULTIVATING and PROVIDING TAILORED SUPPORT to A DIVERSE COMMUNITY of LIFE SCIENCE INNOVATORS and VISIONARIES DEDICATED to IMPROVING PATIENT LIVES and TACKLING THE WORLDS MOST PRESSING HEALTHCARE CHALLENGES. OUR VALUES-DRIVEN PROGRAMMING ENRICHES THE CORE ATTRIBUTES ESSENTIAL for TRANSFORMATIVE INNOVATION: RESPONSIBILITY, PASSION, CREATIVITY, HUMILITY, and CONNECTIVITY. OUR PROGRAMS NURTURE TALENT ACROSS ALL CAREER STAGESFROM EMERGING PIONEERS to ESTABLISHED EXPERTSSPANNING INDUSTRY and ACADEMIA.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $65.10 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 2025The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders13 people are listed in the latest report.

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

Money made simple

70.38%of revenue went to mission work65.1% of expenses · Program services

19.13%of revenue went to fundraising17.7% of expenses

$108.14spent for every $100 of revenueSpending was higher than revenue this year.

18.63%of revenue went to management and office costs17.2% of expenses

$0.81in assets for every $1 spent this yearSome assets cannot be spent right away.

97.9%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 $171,456 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $372,268 for CATHARINE SMITH (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 2025

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$2,105,285

Mission workProgram services$1,481,76670.38% of revenue65.1% of expenses

ManagementOffice and general costs$392,26418.63% of revenue17.2% of expenses

FundraisingAsking for donations$402,71119.13% of revenue17.7% of expenses

Total expenses$2,276,741108.14% 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

2025CurrentExpense mix: 65.1% mission · 17.2% management · 17.7% fundraisingTotal expenses: 108.14% of revenue

2024Expense mix: 59.2% mission · 21.6% management · 19.2% fundraisingTotal expenses: 67.81% of revenue

2023Expense mix: 51.5% mission · 23.1% management · 25.4% fundraisingTotal expenses: 360.42% of revenue

2022Expense mix: 55.2% mission · 27.9% management · 16.9% fundraisingTotal expenses: 85.04% of revenue

2021Expense mix: 51.6% mission · 46.1% management · 2.3% fundraisingTotal expenses: 259.22% of revenue

2020Expense mix: 30.9% mission · 69.1% management · 0.0% fundraisingTotal expenses: 5.33% of revenue

2019Expense mix: 3.2% mission · 96.8% management · 0.0% fundraisingTotal expenses: 29.43% of revenue

Money in and money out

Revenue$2,105,285

Expenses$2,276,741

Annual shortfall $171,456 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)$1,481,766 · 65.1% of expenses

Management and office costs$392,264 · 17.2% of expenses

Fundraising$402,711 · 17.7% of expenses

See all reported dollar amounts

Revenue$2,105,285

Expenses$2,276,741

Assets$1,840,279

Income$2,105,285

Contributions$2,060,221

Mission work (program services)$1,481,766

Fundraising$402,711

Grants given$350,130

Average grant$20,596

Management and general$392,264

Accounting fees$71,170

People

Leadership and board

Tax year 2025

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

People reported as paid

Person and titleCompensation

CATHARINE SMITHCEO · 40 hrs/week $372,268Base $338,830 · Other $33,438

CHRISTINE COLESENIOR DIRECTOR, PHILANTHROPY · 40 hrs/week $272,621Base $234,939 · Other $37,682

ERICA MAWBY-ROCHESENIOR DIRECTOR OF PROGRAM · 40 hrs/week $198,729Base $168,561 · Other $30,168

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 (13)

CATHARINE SMITHCEO

CHRISTINE COLESENIOR DIRECTOR, PHILANTHROPY

ERICA MAWBY-ROCHESENIOR DIRECTOR OF PROGRAM

ALAN WALTSTREASURER, CO-FOUNDER

ALICE POMPONIODIRECTOR

BELINDA TERMEERPRESIDENT, SECRETARY, CO-FOUNDER

DANIEL DE BOERDIRECTOR

DEBORAH DUNSIREDIRECTOR

GAIL MADERISDIRECTOR

GEOFF MCDONOUGHDIRECTOR

JOAN REEDEDIRECTOR

JOHN MARAGANOREDIRECTOR

PAUL HASTINGSDIRECTOR

About this charity

Recognized since: January 2019
Location: 396 OCEAN AVE, MARBLEHEAD, MA 01945-3837
County: Suffolk
In care of: BELINDA TERMEER
Primary officer: BELINDA TERMEER, PRESIDENT

How to reach them

WebsiteVisit the charity’s website Phone(617) 957-4054 Officer phone(617) 977-4054

Filing and classification

Latest tax year: 2025
Tax period began: January 1, 2025
Return type: 990
Tax preparer: SMITH SULLIVAN & BROWN PC
NTEE classification: Diseases of Specific Organs Research (H40)
IRS tax category: Diseases of Specific Organs Research
Grant-giving organization: Yes