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California Heart Center Foundation

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

EIN: 954772979 ✦ Beverly hills, CA ✦ Designated as a 501(c)(3)

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Overview

What is California Heart Center Foundation?

The California Heart Center Foundation is a nonprofit organization based in Beverly Hills, California, with a mission to advance cardiovascular medicine through clinical research and educational initiatives. Their efforts primarily focus on collaborative research projects, aiming to deepen our understanding of disease progression and evaluate the effectiveness of new strategies for diagnosis and treatment. Areas of current research include non-invasive methods for organ rejection detection, novel immunosuppressive agents, and the development of new mechanical circulatory support devices. The foundation also supports important scientific symposia, offering a platform for experts to exchange ideas and share knowledge. Additionally, they sponsor a summer research internship program for undergraduate students interested in medicine and academic research. In 2022, they organized several educational activities and conferences, including consensus conferences on personalizing care in heart transplantation and combined heart/liver transplantation.


Official website here: www.calheart.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement

The California Heart Center Foundation has received a two-star rating from Charity Navigator, reflecting a score of 73%. While the organization shows strengths in accountability with a high percentage of independent board members and a solid program expense ratio of 89.53%, it lacks key financial transparency elements. Notably, the foundation has not provided its financial statements or a tax form on its website, which has significantly impacted its overall score.

Despite its strong program expense ratio, which indicates a commitment to its mission, the absence of a whistleblower policy and a document retention policy raises concerns about governance practices. The organization does have a conflict of interest policy in place and shows no material diversion of assets, which are positive indicators. However, the missing financial documentation limits stakeholder confidence in its operational transparency.

Overall, while the California Heart Center Foundation demonstrates a dedication to its cause and maintains a level of accountability, its lack of necessary financial disclosures and policies could hinder its fundraising efforts and public trust. Addressing these gaps would be essential for improving its rating and enhancing its effectiveness in the community.


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

Is California Heart Center Foundation legitimate?

California Heart Center Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. California Heart Center Foundation 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: $252,345
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,540,016

For more financial information, click here


Official website here: www.calheart.org

What is the mission statement of California Heart Center Foundation?

The California Heart Center Foundation's mission is focused on advancing the field of cardiovascular medicine. They achieve this through clinical research initiatives and educational programs. Their efforts include collaborative research projects that deepen our understanding of disease progression and test the effectiveness of new diagnostic and treatment strategies. Current areas of research include non-invasive organ rejection detection, novel immunosuppressive agents, and new methods for organ procurement and preservation, among others. The organization also supports scientific symposia, providing a platform for experts to exchange ideas and share their knowledge. Furthermore, they offer a summer research internship program for students interested in medicine and academic research.


Official website here: www.calheart.org

Who is the CEO of California Heart Center Foundation?

Jon Kobashigawa Md is the Director of California Heart Center Foundation.


Official website here: www.calheart.org

What is the revenue of California Heart Center Foundation?

California Heart Center Foundation's revenue in 2022 was $3,147,736.


Official website here: www.calheart.org

Who are the executives of California Heart Center Foundation and what are their salaries?


Here are 10 key members and their salaries:


Eduardo Marban Md (Director)
  • Compensation: $0
  • Related: $3,771,428
  • Other: $92,469
Thomas D Gordon (Director)
  • Compensation: $0
  • Related: $111,150
  • Other: $0
Jon Kobashigawa Md (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michele Hamilton (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jaime Moriguchi Md (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christine Sumbi (Secretary)
  • Compensation: $0
  • Related: $247,720
  • Other: $30,653
Irina Cozianu (Research Oper. Manager)
  • Compensation: $0
  • Related: $155,681
  • Other: $38,610
Venise Strand (Program Manager)
  • Compensation: $0
  • Related: $129,056
  • Other: $33,826
Phyllis Katz (Executive Assistant)
  • Compensation: $0
  • Related: $102,604
  • Other: $20,386
Maria M Thottam (Former Highest Compensated Employee)
  • Compensation: $0
  • Related: $112,141
  • Other: $17,681


Official website here: www.calheart.org

Where can I find the form 990 for California Heart Center Foundation?

California Heart Center Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.calheart.org

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

Mission Statement of California Heart Center Foundation

The California Heart Center Foundation, as a nonprofit organization, is dedicated to advancing the field of cardiovascular medicine. Its mission is accomplished through clinical research initiatives and educational initiatives. The foundation aims to promote a deeper understanding of disease progression and test the efficacy of new strategies for diagnosis and treatment. Areas of current research include non-invasive methods to detect organ rejection, novel immunosuppressive agents, and immune monitoring strategies, among others. The organization also supports important scientific symposia, serving as a platform for leaders in the field to exchange ideas and share their knowledge with other practitioners. Additionally, the California Heart Center Foundation provides resources for a summer research internship program for undergraduate students interested in medicine and academic research. In 2022, the organization implemented several projects and programs, including scientific forums, educational activities, and summer research internships.

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Impact




July, 2024

The California Heart Center Foundation's impact lies in advancing the field of cardiovascular medicine through clinical research initiatives and educational programs. Their efforts include collaborative research projects focusing on non-invasive methods to detect organ rejection, novel immunosuppressive agents, immune monitoring strategies, and long-term complications in heart transplant patients. They also support scientific symposia for experts to exchange ideas and share knowledge, as well as a summer research internship program for undergraduate students interested in medicine and research. Through activities like consensus conferences, lectures series, visiting professorships, and journal clubs, the foundation contributes to pushing the boundaries of cardiovascular medicine and improving patient care.




This information is meant to be a general summary of California Heart Center Foundation. 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
$3,147,736 (2022)
Expenses
$2,703,124 (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: $212,313
  • Gross Receipts: $3,147,736

Assets and Liabilities:

  • Total Assets: $932,998
  • Total Liabilities: $344,785
  • Net Assets: $588,213

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Programs

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

EDUCATIONAL PROGRAMS

Revenue

$212,313

Organization Details

Founding Year

2000

Principal Officer

Jon Kobashigawa Md

Main Address

8670 WILSHIRE BOULEVARD SUITE 301, BEVERLY HILLS, CA, 90211

NTEE Category

Code: H90 - Medical research

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