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Miami Heart Research Institute Inc

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

EIN: 590674260 ✦ Miami, FL ✦ Designated as a 501(c)(3)

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Overview

What is Miami Heart Research Institute Inc?

Miami Heart Research Institute Inc, situated in Miami, Florida, is a 501(c)(3) nonprofit organization dedicated to supporting cardiovascular research, education, and prevention. The institute carries out the mission of Florida Heart Research Foundation Inc by raising funds for scientifically valid research projects. Their ultimate goal is to improve diagnosis, treatment, and prevention strategies through breakthroughs, patents, and publications in leading journals. To achieve these objectives, they collaborate with organizations of excellence, present project results at conferences, and submit 6-months progress reports with budget information. The institute employs a team of 3 individuals, committed to this noble cause.


Official website here: www.floridaheart.org

Is Miami Heart Research Institute Inc legitimate?

Miami Heart Research Institute Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Miami Heart Research Institute 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: $235,568
Professional Fundraising Fees: $0
Other Salaries and Wages: $114,397

For more financial information, click here


Official website here: www.floridaheart.org

What is the mission statement of Miami Heart Research Institute Inc?

Miami Heart Research Institute Inc, operating as a not-for-profit organization, aims to fulfill the mission of Florida Heart Research Foundation Inc by funding cardiovascular research, education, and prevention. They are committed to supporting meritorious and scientifically valid research projects, with a focus on expanding their research capabilities and educational programs. The institute collaborates with organizations of excellence to achieve these goals. Regular progress reports and budget updates are required, and the ultimate objective is to lead to breakthroughs in diagnosis, treatment, and prevention strategies through publications and conference presentations.


Official website here: www.floridaheart.org

Who is the CEO of Miami Heart Research Institute Inc?

Nancy R Cavalie is the Chairman of Miami Heart Research Institute Inc.


Official website here: www.floridaheart.org

What is the revenue of Miami Heart Research Institute Inc?

Miami Heart Research Institute Inc's revenue in 2022 was $2,906,140.


Official website here: www.floridaheart.org

Who are the executives of Miami Heart Research Institute Inc and what are their salaries?

The average compensation at Miami Heart Research Institute Inc during 2022 was $116,655. There are 3 employees and 8 volunteers at Miami Heart Research Institute Inc.


Here are 9 key members and their salaries:


Joe Ann Batcheller (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jose Antonio Adams Md (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Oliver R Di Pietro Md (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tracy Towle Humphrey (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Jean Catinchi Mella Esq (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen H Schott (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maria Canossa-Terris Md (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elizabeth Whalen (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nancy R Cavalie (Executive Director)
  • Compensation: $211,903
  • Related: $0
  • Other: $23,665


Official website here: www.floridaheart.org

Where can I find the form 990 for Miami Heart Research Institute Inc?

Miami Heart Research Institute Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.floridaheart.org

Learn more at the official website: www.floridaheart.org

Mission Statement of Miami Heart Research Institute Inc

Miami Heart Research Institute, Inc., a not-for-profit organization, is dedicated to carrying out the mission of Florida Heart Research Foundation, Inc. by funding cardiovascular research, education, and prevention. The institute's primary goal is to raise funds for meritorious and scientifically valid cardiovascular research. To achieve this, the organization collaborates with organizations of excellence and requires the publication of project results in leading research journals as well as presentations at conferences and seminars.

The institute's ultimate objective is to drive breakthroughs in diagnosis, treatment, and prevention strategies for heart-related conditions. This could lead to patents or other advancements that significantly improve healthcare. To monitor its progress and ensure accountability, Miami Heart Research Institute, Inc., submits six-month progress reports along with detailed budget information detailing how the funds were utilized. The institute's relentless pursuit of knowledge and innovation in cardiovascular research sets it apart as a crucial player in the field.

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Impact




October, 2024

Miami Heart Research Institute Inc significantly impacts cardiovascular health by funding essential research initiatives and educational programs. By supporting scientifically valid and meritorious research, the organization plays a crucial role in advancing knowledge and treatment options in the field of cardiology.

The institute collaborates with esteemed organizations to expand its research capabilities, ensuring that it remains at the forefront of cardiovascular innovation. This collaboration leads to the publication of findings in leading research journals and presentations at prominent conferences, thereby disseminating valuable insights within the medical community.

A key focus is on achieving breakthroughs in diagnosis, treatment, and prevention strategies for cardiovascular diseases. The incorporation of progress reports and detailed budgets helps maintain transparency about the effective use of funds, further fostering trust and engagement with stakeholders.

Ultimately, the Miami Heart Research Institute strives to produce results that may lead to patents and innovative solutions, significantly enhancing the overall understanding and management of cardiovascular health issues, which is essential for improving patient outcomes.




This information is meant to be a general summary of Miami Heart Research Institute 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
$2,906,140 (2022)
Expenses
$2,684,518 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $2,756,776
  • Gross Receipts: $18,659,429

Assets and Liabilities:

  • Total Assets: $62,381,637
  • Total Liabilities: $829,741
  • Net Assets: $61,551,896

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Organization Details

Founding Year

1944

Principal Officer

Nancy R Cavalie

Main Address

4770 BISCAYNE BLVD 500, MIAMI, FL, 331373225

NTEE Category

Code: T30 - Philanthropy

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