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Delmarva Heart Research Foundation Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 522164338 ✦ Salisbury, MD ✦ Designated as a 501(c)(3)

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Overview

What is Delmarva Heart Research Foundation Inc?

Delmarva Heart Research Foundation Inc is a nonprofit organization dedicated to conducting cardiovascular research at a local hospital. Their primary mission involves delving into the intricacies of heart health, contributing to the medical community's understanding and potentially developing new treatment options for cardiovascular diseases. Despite not having information on the foundation's current status, the focus remains on the significant role it plays in advancing cardiovascular research within the local healthcare sector.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 94% (Four-Star out of Four Star rating)

Delmarva Heart Research Foundation Inc has achieved a commendable 94% rating on Charity Navigator, reflecting strong performance in accountability and finance. The organization boasts a fully independent board, with all five members meeting the independence criteria, contributing to effective governance. Additionally, the foundation has demonstrated commendable financial practices, including a 92.01% program expense ratio, indicating that the majority of its funds are directed toward its mission-related activities.

The foundation has implemented various policies to further ensure transparency and accountability, such as a whistleblower policy and a conflict of interest policy, both of which are fully documented. Their commitment to responsible asset management is evident, as they report a liabilities to assets ratio of 0.00%, suggesting a solid financial footing without incurring debt.

While the organization has shown remarkable strengths in governance and financial integrity, specific user feedback and program impact details are not provided in the available data. However, the overall rating underscores the foundation's dedication to its mission and sound operational practices.


This AI summary has been generated from information found on Charity Navigator.

Is Delmarva Heart Research Foundation Inc legitimate?

Delmarva Heart Research Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Delmarva 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

What is the mission statement of Delmarva Heart Research Foundation Inc?

The Delmarva Heart Research Foundation Inc, in its operational period, focused on conducting cardiovascular research at a local hospital. The organization's primary aim was to contribute to the advancement of cardiovascular knowledge and treatments. Through their research, they aimed to improve the understanding of heart-related issues and contribute to the development of more effective treatments. The foundation's activities were centered around this research, furthering the field of cardiology and potentially benefiting numerous individuals. However, it's important to note that the Delmarva Heart Research Foundation Inc is no longer active or in operation.

Who is the CEO of Delmarva Heart Research Foundation Inc?

Steven Hearne is the Member of Delmarva Heart Research Foundation Inc.

What is the revenue of Delmarva Heart Research Foundation Inc?

Delmarva Heart Research Foundation Inc's revenue in 2021 was $0.

Who are the executives of Delmarva Heart Research Foundation Inc and what are their salaries?


Here are 5 key members and their salaries:


Christian Bounds (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Cinderella (Secretary/Tr)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steven Hearne (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steven Keim (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Treuth (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Delmarva Heart Research Foundation Inc?

Delmarva Heart Research Foundation Inc's most recent form 990 was submitted in 2021 and can be accessed here.

Mission Statement of Delmarva Heart Research Foundation Inc

Delmarva Heart Research Foundation, in its mission, conducts cardiovascular research at a local hospital. This nonprofit organization is dedicated to advancing our understanding of heart and circulatory diseases, aiming to develop new treatments and improve existing ones. By carrying out research at a local hospital, the Foundation contributes to the medical community's efforts to combat heart-related issues, ultimately improving the quality of life for countless individuals. However, it's important to note that Delmarva Heart Research Foundation Inc is no longer active or in operation.

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Impact




October, 2024

Delmarva Heart Research Foundation Inc significantly contributed to cardiovascular research by conducting studies at a local hospital in Salisbury, MD. Its emphasis on understanding heart-related conditions aimed to enhance medical knowledge and improve patient outcomes. By focusing on localized research efforts, the foundation helped address specific health concerns within the community, potentially leading to innovative treatment approaches and better healthcare practices. Although the organization is no longer active, its work highlights the importance of dedicated research in advancing cardiovascular health.




This information is meant to be a general summary of Delmarva 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.

Revenue
$0 (2021)
Expenses
$109,333 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

    Assets and Liabilities:

    • Total Assets: $0
    • Total Liabilities: $0
    • Net Assets: $0

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    Organization Details

    Founding Year

    1999

    Principal Officer

    Steven Hearne

    Main Address

    106 MILFORD STREET SUITE 605, SALISBURY, MD, 21804

    NTEE Category

    Code: H43 - Medical research

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