Lown Cardiovascular Group Inc

Organization Overview

Lown Cardiovascular Group Inc is located in Chestnut Hill, MA. The organization was established in 2014. According to its NTEE Classification (E30) the organization is classified as: Ambulatory & Primary Health Care, under the broad grouping of Health Care and related organizations. As of 12/2021, Lown Cardiovascular Group Inc employed 26 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lown Cardiovascular Group Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Lown Cardiovascular Group Inc generated $3.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.6% each year. All expenses for the organization totaled $2.9m during the year ending 12/2021. While expenses have increased by 0.6% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE ORGANIZATION'S PRIMARY MISSION IS THE UNDERSTANDING AND TREATMENT OF CARDIOVASCULAR DISEASE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PATIENT CARE: THE ORGANIZATION PROVIDED WORLD CLASS PATIENT CARE SERVICES IN THE FORM OF OVER 4,100 PATIENT ENCOUNTERS/TREATMENTS TO MORE THAN 1,500 PATIENTS DURING 2021.


EDUCATION: THE ORGANIZATION'S PHYSICIANS PROVIDED OVER 200 HOURS OF DIRECT TRAINING TO MEDICAL STUDENTS FROM THE HARVARD MEDICAL SCHOOL DURING 2021. THIS TRAINING OCCURRED AT THE ORGANIZATION'S FACILITY AND INVOLVED THE TREATMENT OF PATIENTS, ALL FOLLOW UP AND DOCUMENTATION OF PATIENT RELATED PERTINENT INFORMATION. THE ORGANIZATION IS NOT COMPENSATED FOR THESE SERVICES/ACTIVITIES. NONE OF THE PHYSICIAN COSTS (COMPENSATION, ETC.) HAVE BEEN ALLOCATED TO THIS PROGRAM SERVICE DURING 2021. ADDITIONALLY, THE PHYSICIANS PROVIDED MORE THAN 200 HOURS AT THE BRIGHAM & WOMENS HOSPITAL IN DIRECT TRAINING OF STAFF RESIDENTS DURING 2021.


RESEARCH: THE MAJOR RESEARCH INITIATIVES DURING 2021 CONSISTED OF 1) THE CONTINUED DEVELOPMENT OF THE SPORTS AND FITNESS CARDIOLOGY PROGRAM AND 2) THE START OF A NEW RESEARCH INITIATIVE FOCUSING ON WOMENS CARDIOLGY ISSUES AND HEALTH.


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Board, Officers & Key Employees

Name (title)Compensation
Alyson Kelley-Hedgepeth MD
Trustee
$234,800
Brian Z Bilchik MD
President &
$223,979
Shmuel Ravid MD
Trustee
$184,997
Charles Blatt MD
Clerk
$181,483
Dara Lee Lewis MD
Trustee
$147,600
Deborah R Clain
Practice Man
$118,262

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$188,725
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$188,725
Total Program Service Revenue$3,528,754
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $3,717,479

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Lown Cardiovascular Group Inc has recieved totaling $30,000.

Awarding OrganizationAmount
$30,000
View Grant Recipient Profile

Create an account to unlock the data you need.

or