Overview
What is The Cardiac Institute?
The Cardiac Institute, located at 416 Connable Avenue, Petoskey, MI 49770, is a physician practice dedicated to the diagnosis and treatment of cardiac and related conditions. Their mission is to provide comprehensive cardiovascular care with the aim of helping individuals live longer, healthier lives with dignity, utilizing all available resources to meet and exceed their expectations. As part of this commitment, The Cardiac Institute operates under the name of Michigan Heart and Vascular Specialists.
Official website here: www.michiganhvs.com/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 77%, Three-Star out of Four Star rating.
The Cardiac Institute has received a solid score of 77%, indicating a reasonable level of accountability and financial stability. This rating is derived entirely from a single beacon score focused on accountability and finance, which suggests that the organization maintains a strong emphasis on these metrics. The most recent fiscal year reviewed is FY2022.
Strengths of The Cardiac Institute include a high program expense ratio of 89.75%, demonstrating that the majority of its funds are directed towards its mission-related programs. Additionally, the charity has received excellent scores for its governance policies, including conflict of interest and whistleblower policies, both of which are crucial for maintaining transparency and trust. The organization has also effectively documented its board meeting minutes and demonstrated no material diversion of assets.
While the overall rating is commendable, it is important to note that the score is solely based on accountability and finance, which may not provide a comprehensive view of the organization's overall impact and effectiveness. Potential donors may want to consider seeking additional information about the charity's programs and outcomes to get a fuller picture of its contributions to the community.
This AI summary has been generated from information found on Charity Navigator.
Is The Cardiac Institute legitimate?
The Cardiac Institute is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Cardiac Institute 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
Official website here: www.michiganhvs.com/
What is the mission statement of The Cardiac Institute?
The Cardiac Institute's mission is centered around enhancing the lives of its patients. Their goal is to aid individuals in living longer and healthier lives with dignity. They strive to utilize all their resources to provide comprehensive cardiovascular care that meets and exceeds the expectations of their patients and their families. The institute is dedicated to diagnosing and treating cardiac conditions, employing a physician practice for this purpose.
Official website here: www.michiganhvs.com/
Who is the CEO of The Cardiac Institute?
Chad Grant is the Chairman & President/Ceo of The Cardiac Institute. The CEO's salary of The Cardiac Institute is $0 and their total compensation is $696,894.
Official website here: www.michiganhvs.com/
What is the revenue of The Cardiac Institute?
The Cardiac Institute's revenue in 2022 was $167,154.
Official website here: www.michiganhvs.com/
Who are the executives of The Cardiac Institute and what are their salaries?
Here are 6 key members and their salaries (The Cardiac Institute's CEO's salary is $0 and their total compensation is $696,894):
- Compensation: $0
- Related: $568,882
- Other: $128,012
- Compensation: $0
- Related: $80,769
- Other: $4
- Compensation: $0
- Related: $227,940
- Other: $10,997
- Compensation: $0
- Related: $239,054
- Other: $26,038
- Compensation: $0
- Related: $206,996
- Other: $10,550
- Compensation: $0
- Related: $212,898
- Other: $25,168
Official website here: www.michiganhvs.com/
Where can I find the form 990 for The Cardiac Institute?
The Cardiac Institute's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.michiganhvs.com/
Learn more at the official website: www.michiganhvs.com/
Mission Statement of The Cardiac Institute
The Cardiac Institute, as a physician practice, is committed to a mission that prioritizes the well-being and longevity of its patients. This mission involves providing comprehensive cardiovascular care with the utmost dignity, ensuring that every individual and their family receives the best possible treatment they deserve. The Institute utilizes all its resources to fulfill this mission, striving to enhance the quality of life for its patients.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
The Cardiac Institute significantly impacts the community by providing comprehensive cardiovascular care that prioritizes patient dignity and health. Located in Petoskey, Michigan, the institute is dedicated to diagnosing and treating cardiac and related conditions, ensuring that individuals and their families receive the high-quality care they deserve. Their commitment to helping people lead longer, healthier lives enhances the well-being of the community, allowing patients to thrive and maintain an active lifestyle. By utilizing all available resources and expertise, The Cardiac Institute fosters a supportive environment that addresses the unique needs of each patient, ultimately improving overall cardiovascular health in the region.
This information is meant to be a general summary of The Cardiac Institute. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $7,680
- Gross Receipts: $167,154
Assets and Liabilities:
- Total Assets: $1,360,586
- Total Liabilities: $311,083
- Net Assets: $1,049,503
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
2008
Phone
(231) 487-4094Principal Officer
Chad Grant
Main Address
416 CONNABLE AVENUE, PETOSKEY, MI, 49770
Website
www.michiganhvs.com/NTEE Category
Code: E30 - Health
If you are a representative of The Cardiac Institute and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.