Advancium Health Network Inc logo

Advancium Health Network Inc

NEW YORK, NY EIN: 87-2622250 Website

SEE SCHEDULE O

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$4.8M

-73.4% YoY

Annual Giving

$1.9M

+78.8% YoY

Grant Count

8

+300.0% YoY

Avg Grant Size

$235K

-55.3% YoY

About Advancium Health Network Inc

Based on IRS filings

Advancium Health Network Inc is a nonprofit organization focused on Medical Research, based in NEW YORK, NY. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $4.8M in total assets. In 2024, it awarded 8 grants totaling $1.9M.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

8states

Cities

AndoverChicagoColumbusHoustonNew YorkPhiladelphiaRedwood CityWashington Dc

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$5M$9M$14M$19M2021202220232024
Metric202420232022
Total Assets$4,785,014$17,991,568$417,585
Revenue$1,082,418$16,967,337$3,430,074
Expenses$7,138,898$5,300,994$3,086,977
Qualifying Distributions
Net Investment Income$-12,614,434$1,015$74
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$471K$942K$1M$2M0 grants20212 grants20222 grants20238 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 8 recipients in 2024

POLYVASCULAR INC$1.0MTHE TRUSTEES OF THE UNIV…$169KBAYLOR COLLEGE OF MEDICINE$135KANN & ROBERT H LURIE CHI…$130KTHE RESEARCH INSTITUTE A…$130KCHILDREN'S NATIONAL MEDI…$129KBOARD OF TRUSTEES OF THE…$118KCOLUMBIA UNIVERSITY$32K

Grant Size Distribution

12 grants across all recorded years

2<$50K$50–100K6$100–250K1$250–500K1$500K–1M2$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

MICHELE CLEARY DIR T…CHIEF SCIENTIFIC OFFICER (AS…$328KMAUREEN REYESDIRECTOR, STRATEGY & OPS$291KEMMA MORAN EVANSDIRECTOR, COBICURE MED TECH$271KLINDSEY REYNOLDSDIRECTOR, FINANCE$268KROBERT OLANVP BUSINESS DEVELOPMENT$254KSHAWN DAVIS TO 224SVP & COO$247KJYOTI PATELDIRECTOR BUSINESS OPS & MARK…$215K

From 2024 filing

NameTitleHoursCompensation
MARK VEICHPRESIDENT40
OLIVIER ELEMENTOSECRETARY1
JEFFREY KAPLAN TO 424TREASURER1
GARY BREWSTER AS OF 424DIRECTOR1
MICHELE CLEARY DIR TO 524CHIEF SCIENTIFIC OFFICER (AS OF 6/24)40$327,670
YUNG LIE AS OF 624DIRECTOR1
RON MITCHELLDIRECTOR1
LAURIE ZEPHYRINDIRECTOR1
SHAWN DAVIS TO 224SVP & COO40$246,644
LINDSEY REYNOLDSDIRECTOR, FINANCE40$267,949
EMMA MORAN EVANSDIRECTOR, COBICURE MED TECH40$271,338
MAUREEN REYESDIRECTOR, STRATEGY & OPS40$291,194
ROBERT OLANVP BUSINESS DEVELOPMENT40$254,008
JYOTI PATELDIRECTOR BUSINESS OPS & MARKETING40$215,354

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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