Overview
What is Texas Heart Institute?
The Texas Heart Institute, led by Howard Schramm in Houston, Texas, is a nonprofit organization dedicated to lessening the impact of cardiovascular disease. Through groundbreaking research, education, and enhanced patient care, Texas Heart Institute strives to make a significant difference in addressing this widespread health issue.
Official website here: www.texasheart.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Stars)
The Texas Heart Institute has achieved an impressive rating of 97% on Charity Navigator, indicating a high level of accountability and financial health. The rating is based solely on the organization's performance in accountability and finance, which is crucial for potential donors looking to support reliable nonprofits. This strong score reflects the institute's commitment to transparency and effective financial management.
The organization boasts a fully independent board of directors, which is a key strength contributing to its governance. With all members being independent and a robust audit oversight committee in place, Texas Heart Institute demonstrates rigorous adherence to best practices. Its financial health is further supported by a low liabilities-to-assets ratio and a high program expense ratio, showing that the majority of funds are directed towards its mission-related activities.
User feedback generally aligns with the financial data, emphasizing the institute's reputation in the cardiovascular health sector. However, there are no noted limitations or major concerns in the available data, which further solidifies Texas Heart Institute's standing as a well-managed and impactful organization.
This AI summary has been generated from information found on Charity Navigator.
Is Texas Heart Institute legitimate?
Texas Heart Institute is a legitimate nonprofit organization registered as a 501(c)(3) entity. Texas Heart 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: $2,520,569
Professional Fundraising Fees: $0
Other Salaries and Wages: $13,000,733
For more financial information, click here
Official website here: www.texasheart.org
What is the mission statement of Texas Heart Institute?
The Texas Heart Institute strives to minimize the devastating impact of cardiovascular disease through pioneering initiatives in research, education, and enhanced patient care. The mission of this institute is geared towards making a significant difference in the lives of many by developing innovative methods to combat cardiovascular disease. By focusing on groundbreaking research, educating the public, and providing top-notch healthcare, the Texas Heart Institute is leading the way in reducing the burden of this disease.
Official website here: www.texasheart.org
Who is the CEO of Texas Heart Institute?
Howard Schramm is the Chair of Texas Heart Institute. The CEO's salary of Texas Heart Institute is $759,584 and their total compensation is $933,203.
Official website here: www.texasheart.org
What is the revenue of Texas Heart Institute?
Texas Heart Institute's revenue in 2022 was $28,297,437.
Official website here: www.texasheart.org
Who are the executives of Texas Heart Institute and what are their salaries?
The average compensation at Texas Heart Institute during 2022 was $68,678. There are 226 employees and 14 volunteers at Texas Heart Institute.
Here are 25 key members and their salaries (Texas Heart Institute's CEO's salary is $759,584 and their total compensation is $933,203):
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- Compensation: $759,584
- Related: $164,800
- Other: $8,819
- Compensation: $397,500
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- Other: $9,533
- Compensation: $560,000
- Related: $301,916
- Other: $18,992
- Compensation: $242,196
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- Compensation: $242,196
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- Other: $22,073
- Compensation: $234,279
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- Compensation: $211,349
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- Compensation: $204,422
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- Compensation: $193,245
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- Other: $16,011
- Compensation: $187,210
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- Other: $21,629
- Compensation: $176,835
- Related: $0
- Other: $17,741
Official website here: www.texasheart.org
Where can I find the form 990 for Texas Heart Institute?
Texas Heart Institute's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.texasheart.org
Learn more at the official website: www.texasheart.org
Mission Statement of Texas Heart Institute
Texas Heart Institute, a renowned nonprofit organization, is dedicated to minimizing the destructive impact of cardiovascular disease through inventive and advanced initiatives in research, education, and patient care. With a mission to save lives and improve heart health, the Institute strives to make a difference in the lives of countless individuals.
The Texas Heart Institute's unwavering commitment to progress and innovation is reflected in its research programs. The organization's researchers constantly explore new avenues for understanding the complexities of cardiovascular disease, leading to groundbreaking discoveries and improvements in treatments and care. Their work not only enhances the quality of life for patients but also paves the way for a healthier future.
Moreover, education plays a vital role in the Institute's mission. Through its educational programs, Texas Heart Institute empowers healthcare professionals and students with the knowledge and skills necessary to provide the best possible care to cardiovascular patients. By investing in the next generation of healthcare providers, the organization ensures that the latest advancements in heart health research will be put to use, ultimately saving more lives and reducing the devastating toll of cardiovascular disease.
In conclusion, the Texas Heart Institute's mission is to make a lasting difference in the fight against cardiovascular disease through its innovative programs in research, education, and patient care. By pushing the boundaries of knowledge and discovery, the Institute is not only saving lives today but also creating a healthier future for generations to come.
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Impact
October, 2024
The Texas Heart Institute profoundly impacts the fight against cardiovascular disease through its innovative programs in research, education, and improved patient care. Under the leadership of Howard Schramm, the institute in Houston, TX, focuses on developing progressive solutions that address the challenges posed by heart disease. By advancing medical research and forming patient-centered educational initiatives, the Texas Heart Institute is dedicated to reducing the incidence and effects of cardiovascular conditions, ultimately striving to enhance the quality of care for patients and contribute to the overall understanding of heart health.
This information is meant to be a general summary of Texas Heart 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 2022.
- Investment Income: $3,984,351
- Program Service Revenue: $3,842,406
- Gross Receipts: $70,190,327
Assets and Liabilities:
- Total Assets: $239,276,429
- Total Liabilities: $7,731,484
- Net Assets: $231,544,945
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Medical research fees
Revenue
$3,613,636
Event and exhibit fees
Revenue
$189,171
Management/Program fees
Revenue
$35,725
Publication revenue
Revenue
$3,874
Organization Details
Founding Year
1962
Phone
(832) 355-4011Principal Officer
Howard Schramm
Main Address
PO Box 20345, Houston, TX, 77225
Website
www.texasheart.orgNTEE Category
Code: H430 - Medical research
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