Overview
What is Minneapolis Heart Institute Foundation?
The Minneapolis Heart Institute Foundation, based in Minneapolis, Minnesota, is a distinguished nonprofit organization with a 41-year history of world-class cardiovascular research and education. In 2022, the foundation enrolled over 350 new patients and managed more than 220 ongoing studies in various cardiovascular medicine fields. With a team dedicated to saving lives, they have achieved record-breaking results, including over 500 publications, abstracts, presentations, and talks shared at international conferences. Their research spans across all practice areas of cardiovascular medicine and care. In 2022, they welcomed new physician partners at United Hospital, expanding their reach and impact on patient care. The foundation's mission is to enhance cardiovascular health for individuals and communities through innovative research and education. They earned top enroller recognition in several clinical research trials and named the Van Tassel Innovation Center to fund MHIF-designed research studies. The organization also formed new community relationships to contribute to health equity and access to care. With a staff of 124 employees, the Minneapolis Heart Institute Foundation continues its commitment to advancing cardiovascular health through groundbreaking research and education.
Official website here: www.mplsheart.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 98% - Four-Star out of Four Star Rating
The Minneapolis Heart Institute Foundation has earned a commendable Four-Star rating from Charity Navigator, reflecting its strong accountability and financial health. With a perfect score in the Accountability & Finance category, the organization demonstrates robust governance practices, including having an entirely independent board and effective financial oversight measures.
The foundation excels in its financial management, showcasing efficient use of resources with a program expense ratio of 67.51% and an impressive fundraising efficiency ratio of $0.10. These metrics suggest that a significant portion of contributions is directed towards its mission-driven programs rather than administrative costs, which is a positive indicator for potential donors.
However, while the organization shows strong financial health and governance, there may be room for improvement in its program expense ratio to ensure even more funding goes directly to its initiatives. Overall, the Minneapolis Heart Institute Foundation stands out for its transparency and commitment to responsible financial practices.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Minneapolis Heart Institute Foundation?
96% of 52 reviewers on Facebook recommend the Minneapolis Heart Institute Foundation. Here is a summary of their reviews:
The overwhelming sentiment is positive, with many highlighting the compassionate and excellent care provided by the staff. Reviewers consistently express satisfaction with their experiences, emphasizing the quality of service and dedication of the team.
Overall, it appears that the foundation really excels in delivering supportive and effective cardiac care, earning strong recommendations from those who have utilized their services.
This AI summary has been generated from reviews found on Facebook.
Is Minneapolis Heart Institute Foundation legitimate?
Minneapolis Heart Institute Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Minneapolis Heart Institute Foundation 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: $1,474,190
Professional Fundraising Fees: $15,702
Other Salaries and Wages: $6,934,492
For more financial information, click here
Official website here: www.mplsheart.org
What is the mission statement of Minneapolis Heart Institute Foundation?
The Minneapolis Heart Institute Foundation is dedicated to enhancing cardiovascular health for individuals and communities through innovative research and education. With a history spanning over four decades, the foundation has made significant strides in the field of cardiovascular medicine, impacting patient care on a global scale. In the year 2022 alone, the foundation welcomed over 350 new research participants and conducted over 220 studies across various areas of cardiovascular health. The team achieved an impressive milestone with over 500 publications, abstracts, podium presentations, and invited talks at international conferences, disseminating valuable insights from their research. The foundation's efforts extend to all facets of cardiovascular medicine and care, resulting in numerous accomplishments such as forming new partnerships to promote health equity and access to care.
Official website here: www.mplsheart.org
Who is the CEO of Minneapolis Heart Institute Foundation?
Charles Zaugg is the Secretary of Minneapolis Heart Institute Foundation. The CEO's salary of Minneapolis Heart Institute Foundation is $446,698 and their total compensation is $615,660.
Official website here: www.mplsheart.org
What is the revenue of Minneapolis Heart Institute Foundation?
Minneapolis Heart Institute Foundation's revenue in 2022 was $23,655,940.
Official website here: www.mplsheart.org
Who are the executives of Minneapolis Heart Institute Foundation and what are their salaries?
The average compensation at Minneapolis Heart Institute Foundation during 2022 was $67,812. There are 124 employees and 1737 volunteers at Minneapolis Heart Institute Foundation.
Here are 46 key members and their salaries (Minneapolis Heart Institute Foundation's CEO's salary is $446,698 and their total compensation is $615,660):
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Official website here: www.mplsheart.org
Where can I find the form 990 for Minneapolis Heart Institute Foundation?
Minneapolis Heart Institute Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mplsheart.org
Learn more at the official website: www.mplsheart.org
Mission Statement of Minneapolis Heart Institute Foundation
The Minneapolis Heart Institute Foundation, a pioneering organization in cardiovascular health research and education, strives to enhance the wellbeing of individuals and communities by pushing the boundaries of innovative discoveries. With a rich history spanning over four decades, the Foundation has proven its impact on the global standard of care for patients. In the year 2022 alone, they welcomed over 350 new patients and managed more than 220 ongoing studies across various aspects of cardiovascular medicine.
The Minneapolis Heart Institute Foundation's mission shines through in its relentless pursuit of knowledge, as they successfully enrolled a record-breaking number of new patients in research studies. These initiatives offer invaluable hope and opportunities to patients who may not have other viable options. The team's achievements extended beyond the walls of the research lab, with over 500 publications, abstracts, podium presentations, and invited talks shared at international conferences. These learning experiences served to further advance the field of cardiovascular medicine.
Beyond the impressive statistics, the Minneapolis Heart Institute Foundation research covers a wide range of practice areas within cardiovascular medicine and care. Some notable accomplishments from 2022 include earning top enroller recognition in several clinical research trials for new technologies, expanding research to United Hospital, and forming new community relationships to foster change surrounding health equity and access to care.
The Foundation's efforts to improve cardiovascular health go beyond the lab, with the launch of a new suite of digital applications that received over 34,000 downloads, sharing research learnings with physicians worldwide. Additionally, they received significant philanthropic support, including a transformational gift to name the Joseph F. Novogratz Family Heart Rhythm Center. All these initiatives demonstrate the Minneapolis Heart Institute Foundation's unwavering commitment to transforming lives through groundbreaking research and education.
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Impact
October, 2024
The Minneapolis Heart Institute Foundation significantly impacts cardiovascular health through its extensive research and education efforts. With 41 years of experience, the foundation has established itself as a leader in the field, influencing global standards of care for patients. In 2022 alone, the foundation enrolled over 350 new patients and maintained more than 220 ongoing studies across various cardiovascular medicine areas, providing hope through innovative research options.
The foundation's commitment to disseminating knowledge culminated in a record-high of over 500 publications and presentations, sharing vital insights from their groundbreaking research with the broader medical community. They facilitated approximately 3,000 patient visits, offering valuable opportunities for individuals seeking advanced care solutions through research studies.
The impact extends beyond individual patients, as demonstrated by the foundation's development of a suite of digital applications that garnered over 34,000 downloads, fostering a global exchange of research findings among physicians. With $25 million in philanthropic support, including a significant gift that enabled the establishment of the Joseph F. Novogratz Family Heart Rhythm Center, the foundation continues to enhance its capabilities.
Moreover, the addition of new partnerships, such as the expansion of research initiatives to United Hospital, demonstrates their commitment to reaching more patients and tackling health equity. The newly established Van Tassel Innovation Center underscores the foundation's dedication to funding research that improves patient care across the community. Through these efforts, the Minneapolis Heart Institute Foundation is transforming the landscape of cardiovascular health and education for individuals and communities alike.
This information is meant to be a general summary of Minneapolis Heart Institute Foundation. 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: $1,730,486
- Program Service Revenue: $5,409,134
- Gross Receipts: $27,018,830
Assets and Liabilities:
- Total Assets: $71,060,713
- Total Liabilities: $14,935,609
- Net Assets: $56,125,104
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RESEARCH STUDY REVENUE
Revenue
$4,998,558
MISC PROGRAM REVENUE
Revenue
$410,576
Organization Details
Founding Year
1982
Phone
(612) 863-3833Principal Officer
Charles Zaugg
Main Address
920 E 28TH STREET 100, MINNEAPOLIS, MN, 554071191
Website
www.mplsheart.orgNTEE Category
Code: H43Z - Medical research
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