American Cardiovascular Research Foundation Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 133456485 ✦ New york, NY ✦ Designated as a 501(c)(3)

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Overview

What is American Cardiovascular Research Foundation Inc?

American Cardiovascular Research Foundation Inc, located in New York City, New York, is a distinguished nonprofit organization. Its primary focus lies in conducting statistical research to uncover the underlying causes and potential treatments for heart diseases. The foundation supports both clinical and experimental scientific investigations, aiming to contribute significantly to the medical community's understanding and combat of heart disorders. With their base at CO Schulman Lobel 1001 6th Ave 2F, this organization plays a crucial role in advancing heart disease research and therapy.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 80%, Three-Star out of Four Star rating. This rating indicates that the American Cardiovascular Research Foundation Inc has demonstrated a solid level of accountability and finance management, which is crucial for donor trust and operational integrity. The organization excels in various areas, notably having a fully independent board and a favorable financial ratio concerning liabilities.

The foundation scored exceptionally well across multiple metrics, achieving full points in board independence, absence of asset diversion, and a well-documented conflict of interest policy. Additionally, it maintains a healthy financial structure with a program expense ratio of 71.78%, signifying that a significant portion of its expenses supports its mission rather than overhead costs.

While the organization shows strengths in financial accountability and governance, the single beacon score means that further evaluations on its impact and effectiveness in fulfilling its mission are not assessed in this rating. Overall, it appears to be a responsible nonprofit, though potential donors might seek more comprehensive information on its program outcomes and overall impact.


This AI summary has been generated from information found on Charity Navigator.

Is American Cardiovascular Research Foundation Inc legitimate?

American Cardiovascular Research Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. American Cardiovascular Research Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of American Cardiovascular Research Foundation Inc?

The American Cardiovascular Research Foundation Inc is dedicated to supporting clinical and experimental scientific investigations aimed at understanding the causes and developing effective treatments for heart diseases. Through their research, they strive to contribute to the advancement of heart disease management and care. Their activities involve conducting statistical research to deepen the understanding of heart disease causes and treatments. This organization plays a significant role in advancing heart disease diagnoses and therapies.

Who is the CEO of American Cardiovascular Research Foundation Inc?

Michael Lobel is the President of American Cardiovascular Research Foundation Inc.

What is the revenue of American Cardiovascular Research Foundation Inc?

American Cardiovascular Research Foundation Inc's revenue in 2022 was $31,221.

Who are the executives of American Cardiovascular Research Foundation Inc and what are their salaries?


Here are 3 key members and their salaries:


Sara Brook (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Lobel (Sec/Treas)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeannie Schiavone (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for American Cardiovascular Research Foundation Inc?

American Cardiovascular Research Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of American Cardiovascular Research Foundation Inc

The American Cardiovascular Research Foundation Inc is committed to advancing the field of heart disease research. Their primary mission revolves around supporting both clinical and experimental scientific investigations aimed at understanding the origins and developing effective treatments for heart diseases. This nonprofit organization is dedicated to statistical research, focusing on the causes and potential cures for various heart ailments. By funding and promoting such research, the American Cardiovascular Research Foundation Inc contributes significantly to the medical community's efforts to combat heart disease and improve patient outcomes.

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Impact




August, 2024

American Cardiovascular Research Foundation Inc's impact lies in supporting clinical and experimental scientific investigations into the causes and treatments for heart diseases. By focusing on statistical research related to heart disease, this organization contributes to the advancement of medical knowledge in this critical area. Based in New York, their mission is dedicated to supporting vital research that can lead to improved treatments and outcomes for individuals affected by heart disease. The tag "Medical research" highlights their commitment to making a difference in the field of cardiovascular health through rigorous scientific inquiry.




This information is meant to be a general summary of American Cardiovascular Research Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$31,221 (2022)
Expenses
$148,712 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $30,349
  • Gross Receipts: $140,883

Assets and Liabilities:

  • Total Assets: $192,113
  • Total Liabilities: $0
  • Net Assets: $192,113

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Organization Details

Founding Year

1986

Principal Officer

Michael Lobel

Main Address

CO SCHULMAN LOBEL 1001 6TH AVE 2F, NEW YORK, NY, 10018

NTEE Category

Code: H90 - Medical research

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