Texas Heart Medical Group

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

EIN: 843475904 ✦ Houston, TX ✦ Designated as a 501(c)(3)

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Overview

What is Texas Heart Medical Group?

Texas Heart Medical Group is a progressive medical organization based in Houston, Texas. They are committed to delivering superior cardiac care and conducting scientific research to diagnose, treat, and prevent cardiovascular diseases. The group's multicultural team is dedicated to advancing cardiovascular excellence through innovative projects in the public interest. Texas Heart Medical Group also plays a significant role in supporting medical education and scholarship, educating both the public and the cardiovascular profession in their community.


Official website here: www.texasheartmedical.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 74%, earning it a Two-Star out of Four Star rating.

Texas Heart Medical Group has received a moderate rating of 74% from Charity Navigator, which indicates some strengths but also notable areas for improvement. The organization has achieved a perfect program expense ratio of 100%, reflecting a commitment to directing funds towards its mission. Additionally, it has no material diversion of assets, ensuring that resources are managed appropriately.

However, the organization falls short in several key accountability areas. Notably, there are no independent board members, which raises concerns about governance and oversight. Furthermore, the absence of a document retention and destruction policy and the missing tax form on the nonprofit's website are points of concern that detract from its accountability score.

Overall, while Texas Heart Medical Group demonstrates strong programmatic funding and good financial oversight, the lack of independent oversight and missing governance documents indicate a need for enhancement in its operational transparency and accountability practices.


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

Is Texas Heart Medical Group legitimate?

Texas Heart Medical Group is a legitimate nonprofit organization registered as a 501(c)(3) entity. Texas Heart Medical Group 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: $3,546,756
Professional Fundraising Fees: $0
Other Salaries and Wages: $6,655,149

For more financial information, click here


Official website here: www.texasheartmedical.org

What is the mission statement of Texas Heart Medical Group?

Texas Heart Medical Group is dedicated to delivering advanced cardiac care and conducting research to diagnose, treat, and prevent cardiovascular diseases. The mission-driven medical group prioritizes scientific advancements in the field and invests in medical education and scholarship. In the public interest, they engage in research projects and provide healthcare services to patients. Furthermore, they aim to educate both the public and cardiovascular professionals, enhancing the overall understanding and treatment of cardiovascular conditions.


Official website here: www.texasheartmedical.org

Who is the CEO of Texas Heart Medical Group?

Howard Schramm is the Chair of Texas Heart Medical Group.


Official website here: www.texasheartmedical.org

What is the revenue of Texas Heart Medical Group?

Texas Heart Medical Group's revenue in 2022 was $19,918,636.


Official website here: www.texasheartmedical.org

Who are the executives of Texas Heart Medical Group and what are their salaries?

The average compensation at Texas Heart Medical Group during 2022 was $145,742. There are 70 employees at Texas Heart Medical Group.


Here are 13 key members and their salaries:


Joseph Rogers (Chair)
  • Compensation: $164,800
  • Related: $759,584
  • Other: $8,819
Emerson Perin (Director)
  • Compensation: $301,916
  • Related: $560,000
  • Other: $18,992
Alberto Lopez (Director)
  • Compensation: $797,745
  • Related: $0
  • Other: $18,596
D Richard Leachman (Director)
  • Compensation: $749,996
  • Related: $0
  • Other: $3,283
Stephanie Coulter (Director)
  • Compensation: $699,996
  • Related: $0
  • Other: $10,382
Eduardo Hernandez (President)
  • Compensation: $786,916
  • Related: $0
  • Other: $10,426
Howard Schramm (Treasurer)
  • Compensation: $0
  • Related: $397,500
  • Other: $9,533
Marcia Strauss (Secretary)
  • Compensation: $0
  • Related: $138,902
  • Other: $2,474
Zvonimir Krajcer (Physician)
  • Compensation: $590,187
  • Related: $0
  • Other: $2,700
Jennifer Cozart (Physician)
  • Compensation: $445,878
  • Related: $0
  • Other: $4,802
Alexander Postalian Yrausquin (Physician)
  • Compensation: $425,172
  • Related: $0
  • Other: $20,432
Briana Costello (Physician)
  • Compensation: $418,051
  • Related: $0
  • Other: $21,528
James Livesay (Physician)
  • Compensation: $402,532
  • Related: $0
  • Other: $7,390


Official website here: www.texasheartmedical.org

Where can I find the form 990 for Texas Heart Medical Group?

Texas Heart Medical Group's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.texasheartmedical.org

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

Mission Statement of Texas Heart Medical Group

Texas Heart Medical Group, a leading medical organization, is dedicated to delivering cutting-edge cardiac care and advancing research to diagnose, treat, and prevent cardiovascular diseases. The mission-driven group is committed to promoting cardiovascular excellence through scientific and related projects in the public interest. They are known for their multi-cultural approach, which prioritizes delivering top-notch healthcare services to the community.

Texas Heart Medical Group's team of experts participates in groundbreaking research and medical education to expand the knowledge base in cardiology. The organization's commitment to research is aimed at improving patient care and outcomes, making a significant impact on those suffering from cardiovascular diseases. In addition, they are passionate about educating both the public and the cardiovascular profession, creating a well-informed community that can make informed decisions regarding their heart health.

By providing advanced medical care and focusing on research and scholarship, Texas Heart Medical Group is at the forefront of cardiovascular care, ensuring that patients receive the most up-to-date and effective treatments. Their multi-faceted approach to cardiac care and dedication to the public interest sets them apart as a trusted and innovative organization in the field.

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Impact




October, 2024

Texas Heart Medical Group significantly advances cardiovascular health by providing state-of-the-art cardiac care focused on diagnosing, treating, and preventing cardiovascular diseases. Their impact extends beyond clinical care as they actively engage in scientific research, contributing to the body of knowledge in the field. The organization prioritizes medical education and scholarships, fostering the next generation of cardiovascular specialists.

Located in Houston, Texas, the multi-cultural team at Texas Heart Medical Group is dedicated to promoting cardiovascular excellence. They pursue innovative research projects that aim to benefit the wider public and enhance the quality of healthcare delivery. Additionally, their commitment to educating both the community and cardiovascular professionals serves to elevate awareness and understanding of heart health, ultimately improving patient outcomes and supporting a healthier population.




This information is meant to be a general summary of Texas Heart Medical Group. 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
$19,918,636 (2022)
Expenses
$15,033,911 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $8,669,850
  • Gross Receipts: $19,918,636

Assets and Liabilities:

  • Total Assets: $16,403,692
  • Total Liabilities: $8,849,647
  • Net Assets: $7,554,045

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Patient services

Revenue

$8,669,850

Organization Details

Founding Year

2019

Principal Officer

Howard Schramm

Main Address

6770 Bertner Ave, Houston, TX, 77030

NTEE Category

Code: G43 - Disease

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