Cardiology Associates Foundation
- Assets
- $217.7k
- Revenue
- $75.1k
- Investments
- $0.0
- Employees
- 0
- Location
- New York, NY
- Founding
- 05/1999
- Data as of
- 09/2024
- EIN
- 13-4040039
Organization Overview
Cardiology Associates Foundation is located in New York, NY. The organization was established in 1999. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cardiology Associates Foundation 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 09/2024, Cardiology Associates Foundation generated $75.1k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.8% each year. All expenses for the organization totaled $83.7k during the year ending 09/2024. While expenses have increased by 0.1% per year over the past 8 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lawrence A Katz MD Director & President | 1 | $0 | |
Allison Spatz MD Outgoing Dir. & President (12/23) | 1 | $0 | |
Harvey Goldberg MD Director & Secretary/treasurer | 1 | $0 | |
Martin R Post MD Director | 1 | $0 | |
Frederick Feuerbach MD Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $75,000 |
| Interest on Savings | $144 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $75,144 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $10 |
| Total operating and administrative expenses | $8,731 |
| Contributions, gifts, grants paid | $75,000 |
| Total expenses and disbursements | $83,731 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $217,724 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $217,724 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Cardiology Associates Foundation has awarded $104,300 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
WEILL CORNELL MEDICINE DIVISION OF CARDIOLOGY PURPOSE: FUND FOR MEDICINE: TRAINING, MEDICAL RESEARCH AND INDIGENT PATIENT CARE. | $75,000 |
SUMMIT STUDIOS LLC PURPOSE: EDUCATIONAL CONTENT PARTICULARLY ABOUT CARDIOVASCULAR DISEASE IN WOMEN. | $29,300 |