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Cvpath Institute Inc

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

EIN: 204903376 ✦ Gaithersburg, MD ✦ Designated as a 501(c)(3)

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Overview

What is Cvpath Institute Inc?

Cvpath Institute Inc, located in Gaithersburg, Maryland, functions as a nonprofit organization primarily dedicated to medical research. Collaborating with both governmental and commercial entities, its primary mission is to advance human health through translational research, often referred to as "bench to bedside" research. This approach involves conducting studies in a lab setting and then transitioning the findings directly into clinical applications, ultimately leading to the development of improved treatments for cardiovascular diseases. The institute also provides consultation, histology, and diagnostic services to further promote these discoveries. With a dedicated workforce of 62 individuals, Cvpath Institute Inc is committed to making significant contributions to the field of cardiovascular medicine.


Official website here: www.cvpath.org

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 96%, Four-Star out of Four Star rating.

Cvpath Institute Inc has achieved a remarkable Four-Star rating from Charity Navigator, reflecting its outstanding commitment to accountability and finance. The organization's overall score is based entirely on its Accountability & Finance metrics, where it excelled with a score of 96%. This high rating indicates that Cvpath Institute maintains strong financial health and responsible management practices.

One of the key strengths of Cvpath Institute is its governance structure, with 66% of its board members being independent, which promotes objective oversight. The organization has also received full scores in several areas, including its audit and oversight committee, conflict of interest policy, and document retention policies, demonstrating thorough and transparent operational practices.

Financially, Cvpath Institute is solid, with a program expense ratio of 91.64%, indicating that a significant portion of its funds is directed towards its programs. Additionally, a low liabilities to assets ratio of 29.79% suggests a healthy balance sheet. Overall, while the organization shows strong performance in accountability and finance, the summary does not elaborate on specific program outcomes or community impact, which could provide a fuller picture of its effectiveness.


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

Is Cvpath Institute Inc legitimate?

Cvpath Institute Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cvpath Institute 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: $1,102,429
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,836,407

For more financial information, click here


Official website here: www.cvpath.org

What is the mission statement of Cvpath Institute Inc?

The Cvpath Institute Inc's mission is centered around conducting translational research, often referred to as "bench to bedside" research. This involves collaborating with both government and commercial entities to advance human health through medical research. Additionally, the institution provides consultation, histology, and diagnostic services with the aim of promoting discoveries that could lead to advances in treatments for cardiovascular diseases. The institute's goal is to leverage these efforts to foster discoveries that could potentially improve healthcare outcomes.


Official website here: www.cvpath.org

Who is the CEO of Cvpath Institute Inc?

Aloke Finn Md is the President of Cvpath Institute Inc.


Official website here: www.cvpath.org

What is the revenue of Cvpath Institute Inc?

Cvpath Institute Inc's revenue in 2022 was $10,254,119.


Official website here: www.cvpath.org

Who are the executives of Cvpath Institute Inc and what are their salaries?

The average compensation at Cvpath Institute Inc during 2022 was $79,659. There are 62 employees and 7 volunteers at Cvpath Institute Inc.


Here are 14 key members and their salaries:


Renu Virmani Finn Md (President)
  • Compensation: $502,831
  • Related: $0
  • Other: $25,401
Chester E Finn Jr Edd (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Aloke Finn Md (Treasurer & Medical Director)
  • Compensation: $519,024
  • Related: $0
  • Other: $55,173
Azin Parhizgar Msc Phd (Chair Of The Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew Braumann (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Moshe Y Flugelman Md (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Woody N Petersonjd (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Craig Kennedy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steven Krause (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maria Romero Md (Chief Of Anatomic Pathology)
  • Compensation: $241,833
  • Related: $0
  • Other: $19,191
Frank Kolodgie Phd (Associate Director)
  • Compensation: $228,064
  • Related: $0
  • Other: $15,744
Robert Kutys Ms (Senior Pathologist Assistant)
  • Compensation: $120,969
  • Related: $0
  • Other: $41,787
Tina Richards (Director, Business Operations & Administration)
  • Compensation: $121,876
  • Related: $0
  • Other: $35,821
Katherine M Murphy (Pathologist'S Assistant)
  • Compensation: $109,977
  • Related: $0
  • Other: $23,427


Official website here: www.cvpath.org

Where can I find the form 990 for Cvpath Institute Inc?

Cvpath Institute Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.cvpath.org

Learn more at the official website: www.cvpath.org

Mission Statement of Cvpath Institute Inc

Cvpath Institute Inc is committed to conducting translational "bench to bedside" research in the field of cardiovascular diseases. Their mission is twofold: firstly, they aim to provide consultation, histology, and diagnostic services to foster discoveries that can contribute to the advancement of treatments for these diseases. Secondly, they engage in collaborative efforts with both public and commercial entities in medical research, with the ultimate goal of furthering advancements in human health.

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Impact




October, 2024

Cvpath Institute Inc significantly advances the understanding and treatment of cardiovascular diseases through its translational research efforts, transforming insights from the laboratory ("bench") into practical applications in clinical settings ("bedside"). By conducting detailed medical research in collaboration with both government and commercial partners, the institute contributes to critical breakthroughs that have the potential to improve patient outcomes.

Its focus on providing consultation, histology, and diagnostic services enhances the research capabilities of colleagues in the medical field, facilitating the discovery of innovative treatments. Located in Gaithersburg, Maryland, Cvpath is strategically positioned within a vibrant scientific community, enabling it to leverage cutting-edge technology and expertise to push the boundaries of cardiovascular research.

The institute’s commitment to driving advancements in human health serves to address one of the most pressing health challenges globally. By bridging the gap between research and clinical application, Cvpath Institute Inc plays a pivotal role in shaping the future landscape of cardiovascular treatment and care, ultimately leading to better health for individuals affected by these conditions.




This information is meant to be a general summary of Cvpath Institute 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
$10,254,119 (2022)
Expenses
$9,869,423 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $164,064
  • Program Service Revenue: $9,707,938
  • Gross Receipts: $15,647,009

Assets and Liabilities:

  • Total Assets: $20,790,736
  • Total Liabilities: $6,194,154
  • Net Assets: $14,596,582

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Programs

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

CARDIOVASCULAR RESEARCH

Revenue

$9,703,235

RESEARCH RELATED

Revenue

$4,703

Organization Details

Founding Year

2004

Principal Officer

Aloke Finn Md

Main Address

19 FIRSTFIELD ROAD, GAITHERSBURG, MD, 20878

NTEE Category

Code: H430 - Medical research

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