Overview
What is Oklahoma Heart Hospital Research Foundation Inc?
Oklahoma Heart Hospital Research Foundation Inc, based in Oklahoma City, Oklahoma, is a nonprofit organization dedicated to enhancing patient care in the treatment of cardiovascular disorders and other medical diseases. They achieve this goal through conducting non-profit clinical research and investigating medical drug and device technology. With a team of 12 dedicated individuals, they focus specifically on cardiovascular diseases, striving to advance healthcare and improve treatment options for affected individuals.
Official website here: www.okheart.com/research
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, earning it a Two-Star out of Four Star rating. This rating indicates that the Oklahoma Heart Hospital Research Foundation Inc meets some standards of accountability and financial health but has areas for improvement. The organization has a strong independent board composition, scoring full points in both the majority independent board members and independent board size categories, demonstrating effective governance.
However, the foundation has significant weaknesses in its financial transparency, as it received no points for financial statements and lacks essential policies such as conflict of interest and whistleblower protections. Despite these shortcomings, the organization has a commendable program expense ratio of 75.83%, showing a commitment to directing a substantial portion of its resources towards its programs.
Overall, while the Oklahoma Heart Hospital Research Foundation Inc shows strengths in governance and program spending, its accountability measures and financial transparency need to be addressed to enhance its rating and public trust.
This AI summary has been generated from information found on Charity Navigator.
Is Oklahoma Heart Hospital Research Foundation Inc legitimate?
Oklahoma Heart Hospital Research Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Oklahoma Heart Hospital 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: $203,464
Professional Fundraising Fees: $0
Other Salaries and Wages: $338,599
For more financial information, click here
Official website here: www.okheart.com/research
What is the mission statement of Oklahoma Heart Hospital Research Foundation Inc?
The Oklahoma Heart Hospital Research Foundation Inc. is dedicated to conducting nonprofit clinical research aimed at treating various cardiovascular diseases and disorders. Their mission is to advance patient care in the field of cardiovascular disorders and other medical diseases. They accomplish this by performing non-profit medical clinical research and investigating medical drug and device technology. The foundation's work contributes to improving the quality of patient care and the development of innovative treatments in the field of cardiology.
Official website here: www.okheart.com/research
Who is the CEO of Oklahoma Heart Hospital Research Foundation Inc?
Thomas Mcgarry Md is the President/Medical Director of Oklahoma Heart Hospital Research Foundation Inc.
Official website here: www.okheart.com/research
What is the revenue of Oklahoma Heart Hospital Research Foundation Inc?
Oklahoma Heart Hospital Research Foundation Inc's revenue in 2022 was $1,053,193.
Official website here: www.okheart.com/research
Who are the executives of Oklahoma Heart Hospital Research Foundation Inc and what are their salaries?
The average compensation at Oklahoma Heart Hospital Research Foundation Inc during 2022 was $45,172. There are 12 employees at Oklahoma Heart Hospital Research Foundation Inc.
Here are 7 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $95,240
- Related: $23,810
- Other: $14,167
- Compensation: $108,224
- Related: $0
- Other: $23,516
- Compensation: $112,477
- Related: $0
- Other: $11,354
Official website here: www.okheart.com/research
Where can I find the form 990 for Oklahoma Heart Hospital Research Foundation Inc?
Oklahoma Heart Hospital Research Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.okheart.com/research
Learn more at the official website: www.okheart.com/research
Mission Statement of Oklahoma Heart Hospital Research Foundation Inc
The Oklahoma Heart Hospital Research Foundation Inc is dedicated to conducting non-profit clinical research aimed at improving the treatment of cardiovascular diseases and disorders. This renowned organization's mission is to advance the quality of patient care in the field of cardiovascular disorders and other medical diseases. They achieve this by performing non-profit medical clinical research and investigating medical drug and device technology. By doing so, the Oklahoma Heart Hospital Research Foundation Inc contributes to the development of innovative treatments and improved health outcomes for patients suffering from cardiovascular diseases.
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Impact
July, 2024
Oklahoma Heart Hospital Research Foundation Inc's impact is significant in advancing quality patient care in the treatment of cardiovascular disorders and other medical diseases. By conducting clinical research focused on the treatment of cardiovascular diseases, they contribute to the development of new medical drug and device technology. Their work not only benefits patients directly by improving treatment options but also contributes to the overall advancement of medical knowledge in the field of cardiovascular health. This nonprofit organization plays a crucial role in driving innovation and progress in the medical research community.
This information is meant to be a general summary of Oklahoma Heart Hospital 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $960
- Program Service Revenue: $67,529
- Gross Receipts: $1,139,601
Assets and Liabilities:
- Total Assets: $1,604,034
- Total Liabilities: $971
- Net Assets: $1,603,063
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SCIENTIFIC RESEARCH
Revenue
$67,529
Organization Details
Founding Year
1993
Phone
(405) 608-1280Principal Officer
Thomas Mcgarry Md
Main Address
4200 WEST MEMORIAL ROAD 510, OKLAHOMA CITY, OK, 731208378
Website
www.okheart.com/researchNTEE Category
Code: H43 - Medical research
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