Society For Cardiovascular
- Assets
- $1.6m
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 11/1997
- Data as of
- 06/2021
- EIN
- 22-3293645
Organization Overview
Society For Cardiovascular is located in Chicago, IL. The organization was established in 1997. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Society For Cardiovascular 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 06/2021, Society For Cardiovascular generated $1.2m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.3% each year. All expenses for the organization totaled $911.5k during the year ending 06/2021. 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
ADVANCE THE FIELD OF CMR THROUGH EDUCATION, ADVOCACY, NETWORKING, RESEARCH AND CLINICAL EXCELLENCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEETINGS TO EDUCATE THE HEALTHCARE PROFESSION AND ADVANCE THE SPECIALTY. ATTENDANCE IS OPEN TO THE PUBLIC WITH A PAYMENT OF REGISTRATION FEE AND CONTINUING MEDICAL EDUCATION CREDITS ARE PROVIDED.
JOURNAL PUBLICATIONS AND OTHER: THE JOURNAL OF CARDIOVASCULAR MAGNETIC RESONANCE (JCMR) IS AN ONLINE PEER REVIEWED JOURNAL OF ARTICLES AND REVIEWS THAT DESCRIBE VARIOUS ASPECTS OF THIS SPECIALTY. THE JOURNAL IS AVAILABLE ONLINE TO THE PUBLIC AT NO COST.
REGISTRY: THE SCMR REGISTRY WAS ESTABLISHED TO COLLECT AND ASSIMILATE INFORMATION ON THE INTERNATIONAL USE OF CMR WITH THE GOAL OF PROMOTING USE OF THIS NON-INVASIVE CARDIAC IMAGING TECHNOLOGY. THE INTENT OF THE REGISTRY INCLUDES BEING THE CENTRAL COLLECTIVE BODY OF EVIDENCE REFLECTING THE CURRENT CLINICAL APPLICATIONS IN PATIENT CARE, IDENTIFYING CHANGE IN PATIENT IMPACT FROM CMR OVER TIME AND ASSESSING THE IMPACT OF CMR ON DIAGNOSTIC AND THERAPEUTIC THINKING, RISK STRATIFICATION, AND EVEN COST-EFFECTIVENESS RELEVANT TO CURRENT PATIENT MANAGEMENT.CONTINUES ON SCHEDULE O. THE SCMR REGISTRY IS DESIGNED TO WORK WITH LOCAL OR WEB-BASED CMR DATABASES IN ORDER TO COLLECT PREDEFINED ESSENTIAL ANONYMIZED VARIABLES THAT WILL CONTRIBUTE TO REGISTRY'S MISSION. CURRENTLY, CMR DATABASES SUCH AS REDCAP AND CMRCOOP CAN EASILY SHARE DATA WITH THE SCMR REGISTRY. OTHER DATABASES, SUCH AS LOCALLY DESIGNED PROGRAMS, MAY REQUIRE SCRIPTS CREATED BY THE REGISTRY TEAM IN ORDER TO ALLOW FOR SEAMLESS DATA SHARING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Andrew Powell MD Fscmr Imm. Past President (until Feb. 2021) | OfficerTrustee | 1 | $0 |
Sven Plein MD Secretary/treasurer (until Feb. 2021) | OfficerTrustee | 1 | $0 |
Subha Raman MD Fscmr Vice President (until Feb. 2021) | OfficerTrustee | 1 | $0 |
James Carr MD Fscmr President (until Feb. 2021) | OfficerTrustee | 2 | $0 |
Michael Markl PHD Fscmr Board Member (until Feb. 2021) | Trustee | 0.5 | $0 |
Suba Raman MD Fscmr President (from Feb. 2021) | OfficerTrustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Talley Management Group Inc Management Services | 6/29/21 | $460,110 |
Cbd Consultancy Ceo Services | 6/29/21 | $100,000 |
Ceavcoaudio Visual Company Inc Audio Visual | 6/29/21 | $191,932 |
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 | $292,250 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $292,250 |
| Total Program Service Revenue | $889,102 |
| Investment income | $312 |
| 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 | $1,181,664 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| 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 | $383,902 |
| Fees for services: Legal | $5,152 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $251,703 |
| Advertising and promotion | $0 |
| Office expenses | $17,958 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $5,588 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $92,680 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $911,477 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,554,796 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $45,750 |
| Accounts receivable, net | $5,114 |
| 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 | $17,486 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,623,146 |
| Accounts payable and accrued expenses | $83,615 |
| Grants payable | $0 |
| Deferred revenue | $262,530 |
| 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 | $0 |
| Total liabilities | $346,145 |
| Net assets without donor restrictions | $1,277,001 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $1,623,146 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Gateway For Cancer Research Inc Schaumburg, IL | $18,916,146 | $4,888,015 |
Indiana Institute For Medical Research Inc Indianapolis, IN | $2,711,887 | $1,140,954 |
Society For Cardiovascular Chicago, IL | $1,623,146 | $1,181,664 |
Iowa City Va Medical Research Foundation Iowa City, IA | $928,689 | $334,066 |
Clinical Research Foundation Inc Louisville, KY | $267,190 | $628,030 |
Cryptic Masons Medical Research Foundation Inc Brownsburg, IN | $5,269,726 | $1,168,505 |