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Cardiovascular & Imaging Research Foundation Of Ny

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

EIN: 202597925 ✦ Lloyd harbor, NY ✦ Designated as a 501(c)(3)

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Overview

What is Cardiovascular & Imaging Research Foundation Of Ny?

The Cardiovascular & Imaging Research Foundation of New York, located at 12 Seacrest Drive, Lloyd Harbor, New York, is a nonprofit organization with a focus on medical research and education, as well as projects aimed at combating cardiovascular diseases. Specifically, they are conducting a retrospective clinical trial to evaluate the diagnostic accuracy of stress testing versus Coronary CT Angiography in an outpatient physician office setting. With a workforce of three dedicated individuals, the foundation is committed to advancing knowledge and treatments in the field of cardiovascular health.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 80% (Three-Star out of Four Star rating)

The Cardiovascular & Imaging Research Foundation of NY has earned a respectable Three-Star rating from Charity Navigator, indicating a solid level of accountability and financial health. The charity's overall score is derived entirely from its performance in the Accountability & Finance beacon, demonstrating a strong commitment to responsible financial management in its most recent fiscal year, FY2023.

The organization excels in several key areas, including having a fully independent board, which scored 10 out of 10 points. It also maintains a very low liabilities to assets ratio of 0.00%, reflecting sound financial practices. Additionally, the foundation has a high program expense ratio of 93.01%, indicating that a significant portion of its funds is directed towards its mission-related activities.

However, while the organization demonstrates strong governance and financial practices, prospective donors may want to consider the overall impact and effectiveness of its programs, as these elements are not detailed in the provided rating. Overall, the foundation is commendable for its transparency and accountability in financial matters.


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

Is Cardiovascular & Imaging Research Foundation Of Ny legitimate?

Cardiovascular & Imaging Research Foundation Of Ny is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cardiovascular & Imaging Research Foundation Of Ny 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: $330,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Cardiovascular & Imaging Research Foundation Of Ny?

The Cardiovascular & Imaging Research Foundation of New York is committed to advancing medical research and education, with a focus on treating and preventing cardiovascular diseases. Their mission encompasses supporting various projects that contribute to this cause. The foundation's efforts are geared towards making significant strides in the field, ultimately aiming to improve patient outcomes.

In line with its mission, the foundation conducts studies and trials to evaluate diagnostic methods, such as comparing the accuracy of stress testing against Coronary CT Angiography in an outpatient setting. This research is essential for refining diagnostic procedures and improving patient care. The foundation's work contributes to the broader goal of enhancing healthcare and improving quality of life for individuals affected by cardiovascular diseases.

Who is the CEO of Cardiovascular & Imaging Research Foundation Of Ny?

David Rausnitz is the President of Cardiovascular & Imaging Research Foundation Of Ny.

What is the revenue of Cardiovascular & Imaging Research Foundation Of Ny?

Cardiovascular & Imaging Research Foundation Of Ny's revenue in 2022 was $179,560.

Who are the executives of Cardiovascular & Imaging Research Foundation Of Ny and what are their salaries?

The average compensation at Cardiovascular & Imaging Research Foundation Of Ny during 2022 was $110,000. There are 3 employees and 10 volunteers at Cardiovascular & Imaging Research Foundation Of Ny.


Here are 7 key members and their salaries:


Michael Poon (Principal Investigator)
  • Compensation: $200,000
  • Related: $0
  • Other: $0
Pamela Noack (Research Director And Investigator)
  • Compensation: $100,000
  • Related: $0
  • Other: $0
Michael J Cortegiano (Treasurer)
  • Compensation: $30,000
  • Related: $0
  • Other: $0
Charles Gargano (Drector)
  • Compensation: $0
  • Related: $0
  • Other: $0
Howard Printz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gerald Rausnitz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Rausnitz (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Cardiovascular & Imaging Research Foundation Of Ny?

Cardiovascular & Imaging Research Foundation Of Ny's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Cardiovascular & Imaging Research Foundation Of Ny

The Cardiovascular & Imaging Research Foundation of New York is committed to supporting medical research, education, and various projects aimed at treating and preventing cardiovascular diseases. This nonprofit organization's mission is centered on advancing medical knowledge and improving patient care in the field of cardiovascular health. By undertaking research and educational initiatives, the foundation seeks to contribute to the development of effective treatments and preventive measures for cardiovascular diseases.

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Impact




October, 2024

The Cardiovascular & Imaging Research Foundation of New York plays a crucial role in advancing the understanding and treatment of cardiovascular diseases. Through its commitment to medical research and education, the foundation focuses on innovative projects that aim to improve diagnostic accuracy and patient outcomes. One notable initiative includes a retrospective clinical trial assessing the effectiveness of stress testing compared to Coronary CT Angiography in outpatient settings, which can significantly influence treatment approaches for cardiovascular patients.

By supporting such research, the foundation contributes to the broader medical community's knowledge, ultimately leading to better prevention and management strategies for cardiovascular conditions. Its work not only enhances clinical practices but also aims to establish a higher standard of care, benefiting patients and healthcare providers alike. Located in Lloyd Harbor, NY, the foundation is at the forefront of addressing the challenges posed by cardiovascular diseases through evidence-based research initiatives.




This information is meant to be a general summary of Cardiovascular & Imaging Research Foundation Of Ny. 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
$179,560 (2022)
Expenses
$382,859 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $679
  • Program Service Revenue: $4,205
  • Gross Receipts: $179,560

Assets and Liabilities:

  • Total Assets: $1,312,848
  • Total Liabilities: $0
  • Net Assets: $1,312,848

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Amgen Inc

Revenue

$4,205

Organization Details

Founding Year

2005

Principal Officer

David Rausnitz

Main Address

12 Seacrest Drive, Lloyd Harbor, NY, 117439765

NTEE Category

Code: H43 - Medical research

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