Overview
What is Heart Disease Research Institute?
The Heart Disease Research Institute, operating under the name Heart Disease Aid and Research Fund, is a nonprofit organization based in Glendale, Arizona. With a sole employee, their primary mission is to support research programs and treatment for patients suffering from heart disease and other degenerative diseases. They also extend their aid by shipping necessary medical and surgical equipment, supplies, and humanitarian aid to hospitals and clinics globally. Their humanitarian efforts extend to disadvantaged communities, particularly in targeted areas identified by the World Health Organization for combating famine and various diseases, such as Espiranza De Vida in Guatemala. The organization plays a crucial role in providing ongoing medical care to those in need, helping to overcome the challenges posed by under-resourced medical facilities.
Official website here: www.heart-research.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 87% (Three-Star out of Four Star Rating)
The Heart Disease Research Institute has received a solid rating of 87%, reflecting a strong performance in accountability and finance. This overall score is derived entirely from their accountability and finance metrics, indicating the organization’s commitment to transparency and effective financial management.
Strengths of the organization include having a majority of independent board members and a clean record concerning material diversion of assets. They have also established comprehensive policies, such as conflict of interest, whistleblower, and document retention, demonstrating a focus on ethical governance. Additionally, their program expense ratio is impressive at 92.63%, suggesting that a significant portion of funds goes directly toward their research initiatives.
A notable point is the relatively low salary of key personnel, with the president earning $25,866, which may reflect a mission-driven focus rather than financial gain. Overall, while the organization displays strengths in governance and financial practices, potential donors and stakeholders should consider the context of its operations within the broader landscape of heart disease research initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is Heart Disease Research Institute legitimate?
Heart Disease Research Institute is a legitimate nonprofit organization registered as a 501(c)(3) entity. Heart Disease Research 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: $28,740
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.heart-research.org
What is the mission statement of Heart Disease Research Institute?
The Heart Disease Research Institute is committed to supporting research programs and the treatment of patients suffering from heart disease and other degenerative diseases. They assist by providing medical equipment, supplies, and humanitarian aid to hospitals and clinics globally, aiding in the fight against these conditions, particularly in areas targeted by the World Health Organization to combat famine and various diseases. Their efforts aim to enhance the capabilities of medical facilities, thereby contributing to the improvement of health outcomes.
Official website here: www.heart-research.org
Who is the CEO of Heart Disease Research Institute?
Michael E Mackay is the President of Heart Disease Research Institute.
Official website here: www.heart-research.org
What is the revenue of Heart Disease Research Institute?
Heart Disease Research Institute's revenue in 2023 was $136,116.
Official website here: www.heart-research.org
Who are the executives of Heart Disease Research Institute and what are their salaries?
The average compensation at Heart Disease Research Institute during 2023 was $28,740. There is 1 employee at Heart Disease Research Institute.
Here are 3 key members and their salaries:
- Compensation: $25,866
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.heart-research.org
Where can I find the form 990 for Heart Disease Research Institute?
Heart Disease Research Institute's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.heart-research.org
Learn more at the official website: www.heart-research.org
Mission Statement of Heart Disease Research Institute
Heart Disease Research Institute is an organization that is committed to supporting research programs and the treatment of patients suffering from heart disease and other degenerative diseases. In their mission, they extend their aid beyond national borders, shipping medical equipment, supplies, and humanitarian aid to hospitals and clinics worldwide. This humanitarian work is particularly significant in targeted areas identified by the World Health Organization as areas in need of combating famine and various degenerative diseases. The lack of properly stocked medical facilities in these areas can hinder the ability to save lives, and Heart Disease Research Institute seeks to alleviate this challenge. Through their efforts, they contribute to the ongoing medical care provided by organizations like Espiranza De Vida in Guatemala, which offers aid to the needy and disadvantaged children and people in their region.
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Impact
October, 2024
Heart Disease Research Institute significantly impacts global health by supporting research and treatment aimed at combating heart disease and other degenerative illnesses. By facilitating the shipment of essential medical equipment and supplies, it enhances the capabilities of hospitals and clinics worldwide, particularly in underserved areas.
A notable example of this effort includes the organization's support for Espiranza De Vida in Guatemala, which provides critical medical care to needy and disadvantaged children and community members. These initiatives directly address the challenges posed by inadequate medical facilities, which are often identified as key factors in the ongoing struggle against famine and degenerative diseases in targeted regions endorsed by the World Health Organization.
By bolstering healthcare resources in these vulnerable areas, the Heart Disease Research Institute not only saves lives but also fosters a stronger foundation for ongoing medical care and research, ultimately advancing the fight against heart disease and enhancing the quality of life for countless individuals.
This information is meant to be a general summary of Heart Disease Research 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 2023.
- Gross Receipts: $136,116
Assets and Liabilities:
- Total Assets: $47,999
- Total Liabilities: $3,300
- Net Assets: $44,699
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Organization Details
Founding Year
2005
Phone
(623) 566-4174Principal Officer
Michael E Mackay
Main Address
20280 N 59TH AVE APT 115-734, GLENDALE, AZ, 85308
Website
www.heart-research.orgNTEE Category
Code: G12 - Disease
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