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Vascular Cures

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

EIN: 942825216 ✦ Redwood city, CA ✦ Designated as a 501(c)(3)

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Overview

What is Vascular Cures?

Vascular Cures is a nonprofit organization situated in Redwood City, California. Their primary focus is to amplify the patient's voice, accelerate patient-centered research, and catalyze innovative collaborations in the field of vascular diseases. They serve as the fiscal sponsor for the American Limb Preservation Society and spearheaded Project Voice, a digital health program designed to improve outcomes for patients with Peripheral Artery Disease (PAD). Project Voice aims to involve patients in their healthcare, gather patient-reported outcomes data, and enhance patient-physician partnerships. The ultimate goal is to improve patient outcomes and reduce healthcare costs. Vascular Cures operates with a team of six dedicated individuals.


Official website here: www.vascularcures.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 100%

Vascular Cures has achieved an impressive Four-Star out of Four Star rating from Charity Navigator, reflecting its outstanding performance in accountability and finance. With a perfect score of 100% in both accountability & finance and culture & community, the organization demonstrates a commitment to transparency and responsible management. Key indicators such as 90% independent board members and a robust audit and oversight committee further bolster its credibility.

The organization excels in its financial practices, evidenced by a low liabilities to assets ratio of 8.99% and a high program expense ratio of 85.95%. These metrics indicate that Vascular Cures effectively directs a significant portion of its resources towards its programs and services. Additionally, their proactive approach to feedback collection and usage showcases their dedication to community engagement and operational improvement.

There are no notable limitations or challenges highlighted in the available data. Overall, Vascular Cures stands out as a highly accountable and efficient nonprofit, making significant strides in its mission while maintaining strong governance practices.


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

Is Vascular Cures legitimate?

Vascular Cures is a legitimate nonprofit organization registered as a 501(c)(3) entity. Vascular Cures 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: $136,250
Professional Fundraising Fees: $0
Other Salaries and Wages: $303,542

For more financial information, click here


Official website here: www.vascularcures.org

What is the mission statement of Vascular Cures?

Vascular Cures' mission is centered around amplifying the patient's voice, accelerating patient-centered research, and fostering innovative collaborations. They serve as the fiscal sponsor for the American Limb Preservation Society and launched Project Voice, the first digital health program to enhance patient outcomes in Peripheral Artery Disease (PAD). Project Voice aims to bring patients into healthcare conversations, empowering them to manage their health and share in decision-making. Additionally, it allows researchers to gather patient-reported outcomes data, addressing a crucial gap in both research and healthcare. Lastly, Project Voice strives to improve patient-physician partnerships through better information exchange and shared decision-making, ultimately aiming to enhance outcomes and lower healthcare costs.


Official website here: www.vascularcures.org

Who is the CEO of Vascular Cures?

Edward Yu is the Board Chair of Vascular Cures. The CEO's salary of Vascular Cures is $136,250 and their total compensation is $136,250.


Official website here: www.vascularcures.org

What is the revenue of Vascular Cures?

Vascular Cures's revenue in 2022 was $2,153,452.


Official website here: www.vascularcures.org

Who are the executives of Vascular Cures and what are their salaries?

The average compensation at Vascular Cures during 2022 was $73,299. There are 6 employees and 8 volunteers at Vascular Cures.


Here are 12 key members and their salaries (Vascular Cures's CEO's salary is $136,250 and their total compensation is $136,250):


Megan Patterson (Ceo)
  • Compensation: $136,250
  • Related: $0
  • Other: $0
Lenimfa Catalan (Staff)
  • Compensation: $100,000
  • Related: $0
  • Other: $11,678
Edward Yu (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Rae (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Conte Md (Cmo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lilia Martinez-Coburn (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Douglas Grey Md (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Heath (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wendy R Hitchcock (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bob Kain (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julie Lawrence (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Margaret Wong (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.vascularcures.org

Where can I find the form 990 for Vascular Cures?

Vascular Cures's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.vascularcures.org

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

Mission Statement of Vascular Cures

Vascular Cures, a nonprofit organization, is committed to amplifying the patient voice, accelerating patient-centered research, and catalyzing innovative collaborations. The organization's mission is multifaceted, aiming to bring patients into the healthcare conversation, empowering them to manage their health and make informed decisions. By doing so, Vascular Cures seeks to bridge the gap in patient-reported outcomes data, a crucial missing piece in both research and healthcare.

Furthermore, Vascular Cures strives to improve patient-physician partnerships through enhanced information exchange and shared decision-making. The ultimate goal of Vascular Cures is to not only improve health outcomes for patients but also lower healthcare costs. By fostering a patient-centric approach, the organization aims to revolutionize the healthcare landscape and pave the way for a more collaborative, effective, and equitable system.

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Impact




July, 2024

Vascular Cures has had a significant impact in the medical research field by focusing on amplifying the patient voice, accelerating patient-centered research, and catalyzing innovative collaborations. One of their notable initiatives, Project VOICE, is the first digital health program designed to improve outcomes for patients with Peripheral Artery Disease (PAD). Through Project VOICE, Vascular Cures aims to empower patients to manage their own health, share in decision-making, enable researchers to gather crucial patient-reported outcomes data, and enhance patient-physician partnerships. Their ultimate goal is to improve outcomes and lower healthcare costs in the field of vascular health.




This information is meant to be a general summary of Vascular Cures. 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
$2,153,452 (2022)
Expenses
$2,056,902 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $121,981
  • Program Service Revenue: $648,666
  • Gross Receipts: $2,164,649

Assets and Liabilities:

  • Total Assets: $3,787,443
  • Total Liabilities: $483,473
  • Net Assets: $3,303,970

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Programs

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

FISCAL SPONSORSHIPS

Revenue

$648,666

Organization Details

Founding Year

1982

Principal Officer

Edward Yu

Main Address

274 Redwood Shores Parkway 717, Redwood City, CA, 94065

NTEE Category

Code: H00 - Medical research

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