Heart Failure Society Of America Inc is located in Rockville, MD. The organization was established in 1997. According to its NTEE Classification (H43) the organization is classified as: Heart & Circulatory System Diseases & Disorders Research, under the broad grouping of Medical Research and related organizations. As of 12/2023, Heart Failure Society Of America Inc employed 21 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Heart Failure Society Of America 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, Heart Failure Society Of America Inc generated $6.0m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.7% each year. All expenses for the organization totaled $5.7m during the year ending 12/2021. While expenses have increased by 6.5% per year over the past 6 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE A PLATFORM TO IMPROVE AND EXPAND HEART FAILURE CARE THROUGH COLLABORATION, EDUCATION, INNOVATION, RESEARCH AND ADVOCACY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ANNUAL SCIENTIFIC MEETING:PROFESSIONALS GATHER ANNUALLY TO PRESENT AND DISCUSS CUTTING EDGE RESEARCH, GAIN ADVANCED EDUCATION, AND DISCUSS NEW TREATMENTS. THE 2023 ANNUAL SCIENTIFIC MEETING FEATURED THREE PLENARY SESSIONS, 32 SESSIONS, THREE KICK OFF SESSIONS, FOUR HOW TO SESSIONS, ONE PRE-MEETING WORKSHOP, SEVEN PROFESSIONALS IN TRAINING TALKS, SIX RESEARCH HUB TALKS, TWO JCF SESSIONS, NINE SATELLITE PROGRAMS, SIX FORUMS, EIGHT INDUSTRY EXPERT THEATERS, AND OVER 480 ABSTRACTS AND ATTRACTED 2,309 ATTENDEES.
EDUCATION AND PROGRAMS: PROGRAMS AIMED AT EDUCATION FOR THE ENTIRE HEART FAILURE TEAM, INCLUDING CARDIOLOGISTS, NURSES, PHARMACISTS, PHYSICIAN ASSISTANTS, ETC. INITIATIVES INCLUDE THE HEART FAILURE SEMINARS, OPTIMAL MEDICAL THERAPY (OMT) IN HEART FAILURE CERTIFICATE PROGRAM, HEART FAILURE CERTIFICATION PROGRAM (HF-CERT), AND A NEW PROGRAM OF CARDIOBITES.IN 2023, HEART FAILURE SEMINARS INCLUDED FOCUS ON SLEEP- FAILURE TO SLEEP AND FOCUS ON HYPERTROPHIC CARDIOMYOPATHY.HFSA LAUNCHED CARDIOBITES IN 2023. CARDIOBITES IS A MICRO-LEARNING PROGRAM THAT IS TARGETED TO THE BUSY HEART FAILURE CARE TEAM TO PROVIDE INFORMATION ON ONE TOPIC IN A TWO-THREE-MINUTE VIDEO. TWO SERIES WERE LAUNCHED- AMYLOIDOSIS AND HFPEF. THE AMYLOIDOSIS NINE-PART SERIES HAD FOUR MODULES RELEASED IN 2023- WHAT IS AMYLOIDOSIS, WHAT ARE THE SIGNS AND SYMPTOMS OF AMYLOIDOSIS, WHAT ARE THE MOST COMMON TYPES OF AMYLOIDOSIS, AND WHAT DO WE KNOW ABOUT THE GENETICS OF AMYLOIDOSIS. THE HFPEF SERIES HAS FOUR MODULES AND THREE WERE LAUNCHED IN 2023. THEY ARE WHAT IS HEART FAILURE WITH PRESERVED EJECTION FRACTION (HFPEF) AND WHO DOES IT IMPACT, WHAT IS THE CLINICAL WORKUP FOR DIAGNOSING HFPEF, AND WHAT ARE THE PHENOTYPES OF HFPEF. IN ADDITION TO HF-CERT, HFSA OFFERED THREE 90-MINUTE WEBINARS AS A HF-CERT BOOTCAMP. THESE THREE SEMINARS OFFERED A COMPREHENSIVE STUDY TOOL FOR THE HF-CERT EXAMINATION. 64 PEOPLE SIGNED UP FOR THE BOOTCAMP PROGRAM.
HEART FAILURE RESEARCH NETWORK (HFRN):HFRN IS A NETWORK OF ACADEMIC INSTITUTIONS, HEALTH SYSTEMS AND COMMUNITY PRACTICES ACTIVELY ENGAGED IN HEART FAILURE CLINICAL RESEARCH. HFRN IS COMPRISED OF HFSA MEMBERS CONDUCTING CLINICAL RESEARCH AT OVER 100 INSTITUTIONS ACROSS THE UNITED STATES. HFRN CONNECTS THESE MEMBERS WITH PUBLIC AND PRIVATE SECTOR SPONSORS SEEKING CLINICAL RESEARCHERS TO MEET THEIR HEART FAILURE RESEARCH NEEDS.HFSA SCIENTIFIC STATEMENTS PROVIDE CRITICAL INSIGHTS INTO THE PREVENTION, DIAGNOSIS, TREATMENT, AND MANAGEMENT OF HEART FAILURE. THESE STATEMENTS SERVE AS AN INVALUABLE RESOURCE FOR HEALTHCARE PROVIDERS, RESEARCHERS, POLICYMAKERS, AND OTHE STAKEHOLDERS INVOLVED IN DELIVERING HIGH-QUALITY, EVIDENCE-BASED CARE TO HEART FAILURE PATIENTS. THEIR VALUE LIES IN THEIR ABILITY TO DISSEMINATE BEST PRACTICES, PROMOTE UNIFORMITY IN CLICICAL APPROACHES, AND DRIVE ADVANCEMENTS IN HEART CARE. ULTIMATELY,THESE EFFORTS LEAD TO IMPROVED PATIENT OUTCOMES AND A DEEPER UNDERSTANDING OF HEART FAILURE.THE HF STATS ANNUAL REPORT, DEVELOPED BY THE HEART FAILURE SOCIETY OF AMERICA (HFSA), ADDRESSES THE CURRENT LACK OF COMPREHENSIVE DATA AND STATISTICAL ANALYSIS ON HEART FAILURE IN THE UNITED STATES. BY PROVIDING ESSENTIAL HEART FAILURE DATA TO CLINICIANS, RESEARCHERS, POLICYMAKERS, AND PATIENTS, THE INITIATIVE AIMS TO OVERCOME SIGNIFICANT BARRIERS TO UNDERSTANDING THE CONDITION'S FULL SCOPE AND ITS IMPACT ON THE HEALTHCARE SYSTEM. THE 2023 HF STATS REPORT, EXAMINED THE EPIDEMIOLOGY AND OUTCOMES OF HEART FAILURE. THIS INITIATIVE IS CRUCIAL FOR ADVANCING KNOWLEDGE, INFORMING POLICY, AND IMPROVING PATIENT CARE AND OUTCOMES IN THE FIELD OF HEART FAILURE.THE REIMAGINE-HF INITIATIVE, SPEARHEADED BY THE HEART FAILURE SOCIETY OF AMERICA, SEEKS TO ADDRESS CRITICAL GAPS IN THE DIAGNOSIS AND MANAGEMENT OF GENETIC CARDIOMYOPATHIES INCLUDING HYPERTROPHIC CARDIOMYOPATHY AND DILATED CARDIOMYOPATHY THROUGH THE UTILIZATION OF THE HEART FAILURE RESEARCH NETWORK (HFRN). THE REIMAGINE-HF PILOT STUDY AIMS TO ENHANCE THE DIAGNOSIS RATES, IMPROVE UNDERSTANDING AND IMPLEMENTATION OF MANAGEMENT GUIDELINES AMONG HEALTHCARE PROVIDERS, AND EXPLORE THE FEASIBILITY AND ACCEPTABILITY OF CLINICAL TRIALS AS A TREATMENT OPTION FOR PATIENTS' POST DIAGNOSIS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
John Barnes CEO | Officer | 40 | $457,520 |
Joori Jeon COO | Officer | 40 | $274,873 |
Kristine Fridgen Vp-Meetings And Education | 40 | $183,444 | |
Deborah Zeldow Dir.-Scie/research | 40 | $152,024 | |
Kelly Ventura Dir. Of Membership | 40 | $144,100 | |
Michelle Poinelli Director Of Dev't | 40 | $121,929 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Freeman Asm Exhibits/auto Visual | 12/30/23 | $730,177 |
Elsevier Inc-argi Publishing | 12/30/23 | $274,371 |
Gaylord National Resort And Convention Center Conf.serv/cater/av/hotel | 12/30/23 | $262,133 |
Smgcleveland Convention Center Hotel/av/exhibit Hall | 12/30/23 | $246,827 |
Levy Restaurants Catering | 12/30/23 | $238,587 |
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 | $468,290 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $468,290 |
Total Program Service Revenue | $5,003,990 |
Investment income | $134,318 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $386,168 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $5,992,766 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $978,321 |
Compensation of current officers, directors, key employees. | $62,395 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $1,084,174 |
Pension plan accruals and contributions | $23,665 |
Other employee benefits | $65,929 |
Payroll taxes | $124,165 |
Fees for services: Management | $0 |
Fees for services: Legal | $14,368 |
Fees for services: Accounting | $118,630 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $21,187 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $57,121 |
Information technology | $120,016 |
Royalties | $0 |
Occupancy | $56,074 |
Travel | $123,607 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $2,256,195 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $51,503 |
Insurance | $8,260 |
All other expenses | $44,225 |
Total functional expenses | $5,699,859 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $725,746 |
Savings and temporary cash investments | $407,733 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $473,859 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $25,548 |
Net Land, buildings, and equipment | $64,721 |
Investments—publicly traded securities | $6,497,173 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $4,586 |
Total assets | $8,199,366 |
Accounts payable and accrued expenses | $357,880 |
Grants payable | $0 |
Deferred revenue | $523,049 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $26,577 |
Total liabilities | $907,506 |
Net assets without donor restrictions | $7,281,475 |
Net assets with donor restrictions | $10,385 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $8,199,366 |
Over the last fiscal year, Heart Failure Society Of America Inc has awarded $30,000 in support to 3 organizations.
Grant Recipient | Amount |
---|---|
UNIVERSITY OF PENNYLVANIA PURPOSE: Fellow Training | $10,000 |
WEILL COLLEGE OF CORNELL PURPOSE: Fellow Training | $10,000 |
FLORIDA INTERNATIONAL UNI PURPOSE: Fellow Training | $10,000 |
Organization Name | Assets | Revenue |
---|---|---|
Cvpath Institute Inc Gaithersburg, MD | $22,505,172 | $10,519,461 |
Heart Failure Society Of America Inc Rockville, MD | $8,199,366 | $5,992,766 |
Society Of Interventional Radiology Foundation Fairfax, VA | $7,372,994 | $1,470,131 |
Cardiovascular Medical Research And Education Fund Inc Philadelphia, PA | $1,348,099 | $1,850,362 |
National Blood Clot Alliance Philadelphia, PA | $617,521 | $1,153,543 |
Virginia Cardiac Services Quality Initiative South Riding, VA | $513,012 | $159,142 |
Delmarva Heart Research Foundation Inc Salisbury, MD | $0 | $0 |
Lakhanpal Vein Foundation Inc Greenbelt, MD | $15,068 | $62,650 |
Delaware Valley Sts Quality Improvement Initiative West Chester, PA | $73,238 | $0 |
Conquering Congenital Heart Disease Harrisburg, PA | $41,551 | $0 |
Pots Research Trust Fund Myerstown, PA | $0 | $0 |
Translational Raas Interest Group Norfolk, VA | $18,925 | $38,640 |
Uno Heart Foundation Sterling, VA | $95,099 | $0 |