Texas Cardiac Arrhythmia Research Foundation is located in Austin, TX. The organization was established in 1999. According to its NTEE Classification (T23) the organization is classified as: Private Operating Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Texas Cardiac Arrhythmia Research 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 12/2021, Texas Cardiac Arrhythmia Research Foundation generated $1.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.0% each year. All expenses for the organization totaled $1.8m during the year ending 12/2021. While expenses have increased by 7.3% per year over the past 7 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
WORK TOWARD CURING OR LIMITING THE ADVERSE EFFECT OF HEART DISEASE, CLINICAL RESEARCH IN THE AREA OF CARDIAC ELECTROPHYSIOLOGY USING RADIO REQUENCY ABLATION TO TREAT ELECTRICAL CONDUCTION PROBLEMS, IMPLANTATION OF DIFIBRILLATORS AND IDENTIFYING WAYS TO DECREASE MORTALITY AND MORBIDITY IN THE CONGESTIVE HEART FAILURE POPULATION.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Rodney P Horton MD Vice-President | 5 | $0 | |
Robert C Canby MD President | 5 | $0 | |
Debbie Cardinal RN Sec/manager/treas | 40 | $0 | |
Brian Greet Research Coordinator | 40 | $0 | |
Chantal Scallon Research Coordinator | 40 | $0 | |
Oluwaseun Oguntomole Clinical Research Co | 40 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $366,269 |
Interest on Savings | $159 |
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 | $1,328,110 |
Total Revenue | $1,694,538 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $258,218 |
Other employee salaries and wages | $957,295 |
Pension plans, employee benefits | $87,680 |
Interest | $0 |
Taxes | $0 |
Depreciation | $39,927 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $439,308 |
Total operating and administrative expenses | $1,787,847 |
Contributions, gifts, grants paid | $0 |
Total expenses and disbursements | $1,787,847 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $5,640 |
Savings and temporary cash investments | $1,055,607 |
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 | $271 |
Other assets | $0 |
Total assets | $1,061,518 |
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 | $41,743 |
Total liabilities | $41,743 |
Over the last fiscal year, we have identified 1 grants that Texas Cardiac Arrhythmia Research Foundation has recieved totaling $10,000.
Awarding Organization | Amount |
---|---|
Austin Emergency Supply Foundation Austin, TX PURPOSE: CLINICAL RESEARCH SUPPORT | $10,000 |
Organization Name | Assets | Revenue |
---|---|---|
Nelda C And H J Lutcher Stark Foundation Orange, TX | $0 | $13,068,953 |
The Lanier Theological Library Foundation Houston, TX | $165,460,506 | $161,744,141 |
Kemper And Leila Williams Foundation New Orleans, LA | $0 | $33,926,761 |
Tom T East Sr & Alice K East & Alice H East & Robert C East Wildl San Antonio, TX | $502,937,323 | $12,880,402 |
The Caldwell Foundation Tyler, TX | $113,613,733 | $12,178,826 |
Jones Trust Springdale, AR | $87,208,961 | $7,926,357 |
Whole Kids Foundation Austin, TX | $20,924,486 | $5,788,036 |
Carl And Marilynn Thoma Art Foundation Santa Fe, NM | $0 | $36,422,281 |
Hope Center Foundation Plano, TX | $50,591,609 | $3,157,864 |
Brian D Patterson Usa - International Foundation Burkburnett, TX | $91,124 | $1,600,664 |
Shearn Moody Plaza Corporation Galveston, TX | $0 | $2,031,035 |
Dhr Health Institute For Research & Development Edinburg, TX | $765,777 | $2,008,327 |