Pediatric Interventional Cardiacsymposium Foundation
- Assets
- $1.5m
- Revenue
- $1.5m
- Investments
- $50.0k
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 10/2007
- Data as of
- 12/2021
- EIN
- 20-8266788
Organization Overview
Pediatric Interventional Cardiacsymposium Foundation, operating under the name Pediatric And Congenital Interventional Cardiovascular Society, is located in Chicago, IL. The organization was established in 2007. According to its NTEE Classification (H98) the organization is classified as: Pediatrics 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. Pediatric And Congenital Interventional Cardiovascular Society 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, Pediatric And Congenital Interventional Cardiovascular Society generated $1.5m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.4%) each year. All expenses for the organization totaled $1.5m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (0.8%) per year over the past 7 years. 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
TO EDUCATE PHYSICIANS AND HEALTHCARE PROFESSIONALS INVOLVED IN THE CARE OF CHILDREN AND ADULTS WITH CONGENITAL AND STRUCTURAL HEART DISEASE IN THE LATEST ADVANCES IN THE FIELD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ANNUAL SYMPOSIUM FOR HEALTHCARE PROFESSIONALS. THE PURPOSE OF THESYMPOSIUM IS TO EDUCATE PHYSICIANS AND HEALTHCARE PROFESSIONALSINVOLVED IN THE CARE OF CHILDREN AND ADULTS WITH CONGENITAL ANDSTRUCTURAL HEART DISEASE IN THE LATEST ADVANCES IN THE FIELD OFINTERVENTIONAL THERAPIES FOR CONGENITAL AND STRUCTURAL HEARTDEFECTS. THE MAIN ACTIVITY OF THE FOUNDATION IS AN ANNUALEDUCATIONAL CONFERENCE.
MEMBERSHIP DUES. PICS SOCIETY. THE MISSION OF THE PICS SOCIETY IS TO PROMOTE THE HIGHEST QUALITY CARE GLOBALLY FOR INFANTS, CHILDREN AND ADULTS WITH CONGENITAL HEART DISEASE THROUGH MINIMALLY INVASIVE TECHNIQUES AND TO FURTHER KNOWLEDGE AND SKILLS OF ALL INVOLVED, FOSTERING RESEARCH, EDUCATION AND ADVOCACY. AMONG THE MANY GOALS OF THE SOCIETY ARE PROMOTING EARLY CAREER DEVELOPMENT; ADVOCATING FOR PATIENTS; ENGAGING NURSES, TECHNOLOGISTS & OTHER MEDICAL PROFESSIONALS; EXPANDING EDUCATIONAL OFFERINGS; AND ESTABLISHING GUIDELINES FOR QUALITY IN THE FIELD.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michaleen Wallig Financial Director | Trustee | 10 | $22,000 |
Kim Ray RN Deputy Executive Director | Trustee | 12 | $15,700 |
Norm Linsky Executive Director | Trustee | 10 | $5,500 |
Ziyad M Hijazi MD Director / President | OfficerTrustee | 5 | $0 |
Bharat Dalvi MD Director / Treasurer | OfficerTrustee | 3 | $0 |
Jacqueline Kreutzer MD Director / Secretary | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Avss Audiovisual Coord. | 12/30/19 | $659,380 |
Z Event Congress Organization Service Event Planning | 12/30/19 | $112,432 |
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 | $392,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $392,000 |
| Total Program Service Revenue | $1,164,907 |
| Investment income | $263 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$30,002 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,527,168 |
| 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. | $43,200 |
| Compensation of current officers, directors, key employees. | $27,500 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $66,648 |
| Fees for services: Legal | $61 |
| Fees for services: Accounting | $16,150 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $9,000 |
| Advertising and promotion | $0 |
| Office expenses | $383 |
| Information technology | $16,038 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $33,327 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,275,020 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $4,704 |
| Total functional expenses | $1,500,025 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,436,104 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $50,000 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,486,104 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $64 |
| Total liabilities | $64 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| 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 | $1,486,040 |
| Total liabilities and net assets/fund balances | $1,486,104 |
Grants Awarded
Over the last fiscal year, Pediatric Interventional Cardiacsymposium Foundation has awarded $18,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Chicago, IL PURPOSE: THE PURPOSE OF THE GRANT WAS FOR RESEARCH IN CONGENITAL HEART DISEASE IN INFANTS AND CHILDREN. | $10,000 |
Northbrook, IL PURPOSE: THE PURPOSE OF THE GRANT WAS FOR RESEARCH IN CONGENITAL HEART DISEASE IN INFANTS AND CHILDREN. | $8,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Arbor Research Collaborative For Health Ann Arbor, MI | $23,346,603 | $18,357,581 |
Institute For Humane Studies Arlington, VA | $19,221,469 | $20,882,389 |
American Diabetes Association Arlington, VA | $0 | $9,794,159 |
Morgridge Institute Foundation Inc Madison, WI | $491,309,219 | $74,942,129 |
Medical Device Innovation Consortium Arlington, VA | $8,765,414 | $16,908,156 |
American Institute For Cancer Research Arlington, VA | $18,214,497 | $14,242,691 |
Centralwest Healthcare Inc Saint Louis, MO | $11,731,408 | $18,084,103 |
Usona Institute Inc Madison, WI | $38,737,266 | $18,840,870 |
Lungevity Foundation Chicago, IL | $12,082,053 | $14,543,433 |
Memphis Bioworks Foundation Memphis, TN | $6,047,652 | $238,794 |
Minneapolis Heart Institute Foundation Minneapolis, MN | $51,520,170 | $19,174,876 |
Regenstrief Foundation Inc Indianapolis, IN | $0 | $6,850,830 |