Overview
What is Chvi Professional Corporation?
Chvi Professional Corporation, also known as Pulse Heart Institute (CHVI), is a tax-exempt healthcare organization based in Tacoma, Washington. They are a team of board-certified cardiologists, cardiothoracic surgeons, and vascular surgeons, who provide advanced cardiothoracic surgeries, research, and education in the Pacific Northwest. CHVI, as an innovation from Cardiac Study Center and Multicare Health System, offers a comprehensive range of the most advanced cardiac, thoracic, and vascular services. CHVI's physicians are dedicated to staying at the forefront of cardiovascular medicine and collaborate to give their patients the best possible outcomes. Their mission is to work together to help people live their best lives. CHVI employs 125 individuals.
Official website here: www.pulseheartinstitute.org/
What are the reviews and ratings of this charity?
Charity Navigator rating: 66% (Two-Star out of Four Star rating)
Chvi Professional Corporation has received a Two-Star rating from Charity Navigator, indicating a moderate level of accountability and financial health. The score is derived entirely from its Accountability & Finance metrics, with a particularly strong performance in areas like financial oversight and the absence of material asset diversion. However, the lack of independent board members has significantly impacted its overall score.
The organization scores well in maintaining essential policies, such as conflict of interest and whistleblower protections, and it has properly documented its board meetings. These practices reflect a commitment to transparency and governance. However, the financial ratios indicate potential concerns, especially with a liabilities to assets ratio of 228.78%, which raises questions about its financial stability.
While the program expense ratio is commendable at 100%, highlighting that all expenses are directed towards its mission, the absence of a tax form on its website and the complete lack of independent board representation are notable weaknesses. These factors contribute to the Two-Star rating and suggest areas where the organization could improve to enhance its accountability and overall effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Chvi Professional Corporation legitimate?
Chvi Professional Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Chvi Professional Corporation 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: $10,274,402
Professional Fundraising Fees: $0
Other Salaries and Wages: $45,879,416
For more financial information, click here
Official website here: www.pulseheartinstitute.org/
What is the mission statement of Chvi Professional Corporation?
Chvi Professional Corporation's mission is to collectively enhance people's lives through specialized cardiothoracic surgeries, research, and education. The tax-exempt healthcare entity, staffed by board-certified cardiologists, cardiothoracic surgeons, and vascular surgeons, provides advanced cardiovascular services and stays updated with the latest advancements in cardiovascular medicine. Chvi D/B/A Pulse Heart Institute is a leading destination for heart health, offering a comprehensive range of services and ensuring seamless communication between emergency, clinic, hospital, and therapy services. The organization fosters a collaborative atmosphere, inspiring its physicians to remain at the forefront of their field.
Official website here: www.pulseheartinstitute.org/
Who is the CEO of Chvi Professional Corporation?
Wade Hunt is the Principal Officer of Chvi Professional Corporation.
Official website here: www.pulseheartinstitute.org/
What is the revenue of Chvi Professional Corporation?
Chvi Professional Corporation's revenue in 2022 was $62,937,192.
Official website here: www.pulseheartinstitute.org/
Who are the executives of Chvi Professional Corporation and what are their salaries?
The average compensation at Chvi Professional Corporation during 2022 was $449,231. There are 125 employees at Chvi Professional Corporation.
Here are 18 key members and their salaries:
- Compensation: $1,493,718
- Related: $0
- Other: $23,065
- Compensation: $0
- Related: $1,453,095
- Other: $24,027
- Compensation: $1,214,798
- Related: $0
- Other: $35,566
- Compensation: $1,176,113
- Related: $0
- Other: $46,033
- Compensation: $1,132,703
- Related: $0
- Other: $28,744
- Compensation: $0
- Related: $1,095,048
- Other: $31,130
- Compensation: $1,002,488
- Related: $0
- Other: $32,265
- Compensation: $1,017,179
- Related: $0
- Other: $11,609
- Compensation: $958,707
- Related: $0
- Other: $35,324
- Compensation: $720,239
- Related: $0
- Other: $29,793
- Compensation: $548,255
- Related: $0
- Other: $36,631
- Compensation: $0
- Related: $510,401
- Other: $30,324
- Compensation: $684,387
- Related: $0
- Other: $46,787
- Compensation: $1,623,360
- Related: $0
- Other: $40,366
- Compensation: $1,237,728
- Related: $0
- Other: $14,081
- Compensation: $1,234,009
- Related: $0
- Other: $38,521
- Compensation: $1,205,147
- Related: $0
- Other: $38,509
- Compensation: $1,202,931
- Related: $0
- Other: $44,676
Official website here: www.pulseheartinstitute.org/
Where can I find the form 990 for Chvi Professional Corporation?
Chvi Professional Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.pulseheartinstitute.org/
Learn more at the official website: www.pulseheartinstitute.org/
Mission Statement of Chvi Professional Corporation
Chvi Professional Corporation, a highly specialized tax-exempt healthcare entity, is on a mission to improve lives by providing top-notch cardiothoracic surgeries, cardiac research, and education. This advanced healthcare provider, also known as Pulse Heart Institute (CHVI), brings together board-certified cardiologists, cardiothoracic surgeons, and vascular surgeons to offer the most advanced cardiac, thoracic, and vascular services available.
In the realm of cardiovascular medicine, CHVI stands out as the most recent innovation in care delivery from Cardiac Study Center and Multicare Health System. The organization's ethos revolves around partnership and inspiration, ensuring seamless communication and continuity between emergency, clinic, hospital, and therapy services. CHVI's physicians, who are at the forefront of their field, are driven to remain at the cutting edge of cardiovascular medicine. Their dedication to staying informed and updated is a testament to CHVI's commitment to delivering the best possible care to its patients.
Together, CHVI's team of experts provides comprehensive cardiac, thoracic, and vascular services, connecting patients to the care they need in a seamless and efficient manner. By employing the latest advances in medical technology and techniques, CHVI sets the standard for heart health, making it the destination of choice for those seeking advanced cardiac care.
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Impact
October, 2024
Chvi Professional Corporation plays a transformative role in the Pacific Northwest's healthcare landscape, particularly in cardiovascular medicine. By employing a team of board-certified cardiologists, cardiothoracic surgeons, and vascular surgeons, Chvi is at the forefront of advanced cardiothoracic surgeries and cardiac research.
Their model of care integrates emergency, clinic, hospital, and therapy services, fostering seamless communication and continuity for patients. This holistic approach not only enhances individual patient outcomes but also strengthens community health as a whole.
As a destination for heart health, Chvi is dedicated to delivering a comprehensive range of advanced cardiac, thoracic, and vascular services. Their commitment to remaining on the cutting edge of cardiovascular medicine underscores their ethos of partnership and inspiration, ultimately aiming to help individuals lead their best lives. In doing so, Chvi Professional Corporation not only enhances the quality of care but also positively impacts the overall health and well-being of the communities they serve.
This information is meant to be a general summary of Chvi Professional Corporation. 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.
- Program Service Revenue: $961,617
- Gross Receipts: $62,937,192
Assets and Liabilities:
- Total Assets: $10,287,019
- Total Liabilities: $23,534,943
- Net Assets: -$13,247,924
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
HEALTHCARE SERVICES
Revenue
$961,617
Organization Details
Founding Year
2015
Phone
(253) 403-1000Principal Officer
Wade Hunt
Main Address
PO BOX 5299, TACOMA, WA, 98415
Website
www.pulseheartinstitute.org/NTEE Category
Code: E22 - Health
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