Northern Illinois Heart Institute Inc
- Assets
- $209.5k
- Revenue
- $13.4k
- Investments
- $200.9k
- Employees
- 0
- Location
- Elgin, IL
- Founding
- 07/1991
- Data as of
- 12/2022
- EIN
- 36-3719265
Organization Overview
Northern Illinois Heart Institute Inc is located in Elgin, IL. The organization was established in 1991. 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. Northern Illinois Heart Institute 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 12/2022, Northern Illinois Heart Institute Inc generated $13.4k in total revenue. All expenses for the organization totaled $15.6k during the year ending 12/2022. While expenses have increased by 1.6% 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.
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) | Role | Hours | Compensation |
|---|---|---|---|
Brent Khazei President | 0 | $0 | |
Sandra Gielow Secretary | 0 | $0 | |
Sandra Gielow Treasurer | 0 | $0 | |
Suzanna Khazei Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $31 |
| Dividends & Interest | $10,740 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $2,607 |
| Capital Gain Net Income | $2,607 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $13,378 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $122 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,428 |
| Total operating and administrative expenses | $5,550 |
| Contributions, gifts, grants paid | $10,000 |
| Total expenses and disbursements | $15,550 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $8,616 |
| 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 | $209,535 |
| 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, Northern Illinois Heart Institute Inc has awarded $10,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
BEAR NECESSITIES PURPOSE: PEDIATRIC CANCER PROGRAM SUPPORT | $5,000 |
ALZHEIMERS ASSOCIATION PURPOSE: ELIMINATE ALZAHEIMER'S DISEASE | $5,000 |