Overview
What is New York Heart Research Foundation Inc?
The New York Heart Research Foundation, situated in Carle Place, New York, is a dedicated nonprofit organization. Its primary focus lies in the realm of medical research and education, with a specialization in pulmonary medicine. Their mission is to identify and innovate diagnostic and therapeutic approaches for cardiovascular diseases. Through their endeavors, they aim to contribute significantly to the medical community and ultimately improve the health and wellbeing of individuals affected by such conditions.
Official website here: www.nyhrf.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 16%, Zero-Star out of Four Star rating.
The New York Heart Research Foundation Inc has received a very low rating due to significant deficiencies in its accountability and financial management. With an overall score of 16%, the organization shows a lack of independent board members and has both conflict of interest and whistleblower policies missing, raising concerns about governance practices. The foundation's low program expense ratio of 38.64% suggests that a significant portion of its budget may not be directed towards its charitable programs.
While the foundation has no reported material diversion of assets and has posted board meeting minutes, the absence of key policies and a lack of transparency regarding their financial documents signal serious governance weaknesses. The low liabilities to assets ratio of 12.60% is a small positive note, but it does not compensate for the overall lack of independent oversight and accountability measures.
In summary, potential donors should exercise caution and thoroughly evaluate the operational and governance practices of New York Heart Research Foundation Inc before contributing, as the current rating indicates significant room for improvement in financial management and organizational transparency.
This AI summary has been generated from information found on Charity Navigator.
Is New York Heart Research Foundation Inc legitimate?
New York Heart Research Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. New York Heart 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
Official website here: www.nyhrf.com
What is the mission statement of New York Heart Research Foundation Inc?
The New York Heart Research Foundation focuses on conducting medical research and education in the field of pulmonary medicine. Their primary aim is to develop diagnostic and treatment options for cardiovascular diseases. The organization is committed to advancing our understanding and addressing issues related to heart and lung conditions. By conducting extensive research and education, they aim to improve patient outcomes and contribute to the development of innovative therapies. Their work is integral to the broader medical community, contributing to the advancement of cardiovascular healthcare.
Official website here: www.nyhrf.com
Who is the CEO of New York Heart Research Foundation Inc?
Steven Shayani is the President of New York Heart Research Foundation Inc.
Official website here: www.nyhrf.com
What is the revenue of New York Heart Research Foundation Inc?
New York Heart Research Foundation Inc's revenue in 2022 was $0.
Official website here: www.nyhrf.com
Who are the executives of New York Heart Research Foundation Inc and what are their salaries?
Here are 4 key members and their salaries:
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- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
Official website here: www.nyhrf.com
Where can I find the form 990 for New York Heart Research Foundation Inc?
New York Heart Research Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nyhrf.com
Learn more at the official website: www.nyhrf.com
Mission Statement of New York Heart Research Foundation Inc
The New York Heart Research Foundation, a distinguished organization, is dedicated to advancing medical research and education in the realm of pulmonary medicine and cardiovascular disease. Its primary mission is to develop innovative diagnostic and treatment options for these conditions. By conducting thorough research and providing educational resources, the foundation aims to make significant strides in the field, ultimately improving the lives of those affected by these health issues.
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Impact
October, 2024
New York Heart Research Foundation Inc significantly impacts the field of cardiovascular health by conducting essential medical research and education focused on pulmonary medicine and cardiovascular disease. By developing innovative diagnostic and treatment options, the foundation addresses critical health challenges associated with heart and lung conditions. Located in Carle Place, NY, its efforts contribute to advancing scientific knowledge and improving patient outcomes, ultimately fostering healthier communities through its commitment to research and education in this vital area of healthcare.
This information is meant to be a general summary of New York Heart 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
Assets and Liabilities:
- Total Assets: $122,137
- Total Liabilities: $13,155
- Net Assets: $108,982
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Organization Details
Founding Year
2003
Phone
(516) 877-0977Principal Officer
Steven Shayani
Main Address
393 OLD COUNTRY ROAD 2ND FLOOR, CARLE PLACE, NY, 11514
Website
www.nyhrf.comNTEE Category
Code: H430 - Medical research
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