Overview
What is Alliance Of Cardiovascular Research?
The Alliance of Cardiovascular Research is a nonprofit organization situated in Houston, Texas, led by Eckhard Alt. Their primary focus is to advance research in cardiovascular diseases, regenerative medicine, and cancer treatment, leveraging their charitable status. They sponsor projects aimed at translating basic science into medical practice, ensuring that the majority of their budget is dedicated to research. They achieve this by collaborating with renowned university laboratories and recognized research institutions, keeping their administrative costs minimal. Their mission is to conduct groundbreaking research in cardiovascular medicine.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94%, Four-Star out of Four Star rating
The Alliance of Cardiovascular Research has received a strong score of 94%, which reflects a robust commitment to accountability and financial health. This Four-Star rating is based entirely on a single beacon score, showcasing their dedication to sound financial practices. The organization has demonstrated a comprehensive understanding of governance, with 100% of its board members being independent.
Strengths of the Alliance of Cardiovascular Research include their high program expense ratio of 95.44%, indicating that the vast majority of their funds are directed toward programmatic efforts rather than administrative costs. Additionally, the organization has no material diversion of assets and upholds various governance policies, which further solidifies their commitment to transparency and ethical management.
While the data reflects strong governance and financial practices, there are no specific limitations or challenges mentioned in the ratings. Overall, the Alliance of Cardiovascular Research stands out as a financially responsible nonprofit dedicated to advancing cardiovascular research.
This AI summary has been generated from information found on Charity Navigator.
Is Alliance Of Cardiovascular Research legitimate?
Alliance Of Cardiovascular Research is a legitimate nonprofit organization registered as a 501(c)(3) entity. Alliance Of Cardiovascular Research 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
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What is the mission statement of Alliance Of Cardiovascular Research?
The Alliance of Cardiovascular Research is committed to supporting research in the domains of cardiovascular diseases, regenerative medicine, and cancer treatment. They achieve this through their charitable status, primarily focusing on translating basic scientific discoveries into practical medical applications. By keeping administrative expenses minimal, the majority of their budget is allocated towards research. They collaborate with recognized university laboratories and research institutions, effectively turning sponsored projects into real-world medical advancements.
Who is the CEO of Alliance Of Cardiovascular Research?
Eckhard Alt is the Director of Alliance Of Cardiovascular Research.
What is the revenue of Alliance Of Cardiovascular Research?
Alliance Of Cardiovascular Research's revenue in 2022 was $55,524.
Who are the executives of Alliance Of Cardiovascular Research and what are their salaries?
Here are 3 key members and their salaries:
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- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
Where can I find the form 990 for Alliance Of Cardiovascular Research?
Alliance Of Cardiovascular Research's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Alliance Of Cardiovascular Research
The Alliance of Cardiovascular Research is a nonprofit organization dedicated to advancing research in the fields of cardiovascular diseases, regenerative medicine, and cancer treatment. Through its charitable status, it supports projects that aim to translate basic scientific discoveries into practical medical applications. The Alliance achieves this by maintaining low administrative costs, ensuring that a significant portion of its budget is allocated towards research. It collaborates with established university laboratories and renowned research institutions to carry out its projects, thereby contributing to the progress of cardiovascular medicine.
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Impact
August, 2024
The Alliance of Cardiovascular Research has a significant impact on advancing research in the field of cardiovascular diseases, regenerative medicine, and cancer treatment. By supporting sponsored projects that focus on translating basic science into medical practice, the organization plays a crucial role in bridging the gap between research and patient care. Through collaborations with established university laboratories and research institutions, the Alliance of Cardiovascular Research ensures that the majority of its budget is dedicated to conducting impactful research. This focused approach helps drive innovation and progress in cardiovascular medicine, ultimately benefiting patients and healthcare providers.
This information is meant to be a general summary of Alliance Of Cardiovascular Research. 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: $48,698
- Gross Receipts: $1,246,788
Assets and Liabilities:
- Total Assets: $1,618,194
- Total Liabilities: $51,663
- Net Assets: $1,566,531
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Organization Details
Founding Year
2008
Phone
(832) 853-3898Principal Officer
Eckhard Alt
Main Address
1800 WEST LOOP SOUTH SUITE 1300, HOUSTON, TX, 77027
NTEE Category
Code: E05 - Health
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