Heart Institute Of Southern New
- Assets
- $0.0
- Revenue
- $317.4k
- Investments
- $5.8m
- Employees
- 0
- Location
- Moorestown, NJ
- Founding
- 06/1986
- Data as of
- 06/2020
- EIN
- 22-2574758
Organization Overview
Heart Institute Of Southern New is located in Moorestown, NJ. The organization was established in 1986. 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.
For the year ending 06/2020, Heart Institute Of Southern New generated $317.4k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 1.4% each year. All expenses for the organization totaled $525.6k during the year ending 06/2020. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Heart Institute Of Southern New has awarded 23 individual grants totaling $2,260,547. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William J Untereker MD Vice Pres/board Member | 0 | $0 | |
Michael Sheerin Board Member | 0 | $0 | |
Harvey L Waxman MD Pres/treas/board Member | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $32,941 |
| Dividends & Interest | $143,256 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $317,392 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Pension plans, employee benefits | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $10,746 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $58,582 |
| Contributions, gifts, grants paid | $467,000 |
| Total expenses and disbursements | $525,582 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $100 |
| Investments—mortgage loans | $0 |
| Investments—other | $5,825,670 |
| Other assets | $3,836 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, Heart Institute Of Southern New has awarded $467,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
Philadelphia, PA PURPOSE: SUPPORT CARDIOLOGY RESEARCH, EDUCATION AND PATIENT CARE. | $450,500 |
LUCY OUTREACH PURPOSE: SUPPORT EDUCATIONAL AND SPIRITUAL GROWTH OF YOUTH IN CAMDEN COUNTY | $15,000 |
CAPE REGIONAL FOUNDATION PURPOSE: SUPPORT HEALTHCARE AND HEALING FOR PATIENT CARE. | $1,000 |
AMERICAN HEART ASSOCIATION PURPOSE: SUPPORT BUILDING HEALTHIER LIVES, FREE FROM CARDIOVASCULAR DISEASES AND STROKE. | $500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Healthcorps Inc New York, NY | $3,586,634 | $6,499,894 |
Cardiovascular Medical Research And Education Fund Inc Philadelphia, PA | $4,032,845 | $294,520 |
National Blood Clot Alliance Philadelphia, PA | $316,448 | $877,937 |
Heart Institute Of Southern New Moorestown, NJ | $0 | $317,392 |
Staten Island Heart Society Inc Staten Island, NY | $83,498 | $486,993 |
Rosenfeld Heart Foundation Inc Rye Brook, NY | $4,495,951 | $168,343 |
American Cardio Vascular Research Foundation Inc New York, NY | $309,889 | $71,110 |
Hopeys Heart Foundation Jamaica, NY | $3,346 | $0 |
Michael Wolk Heart Foundation Inc New York, NY | $2,184,172 | $259,891 |
New York Heart Research Foundation Inc Mineola, NY | $136,009 | $36,629 |
Delaware Valley Sts Quality Improvement Initiative West Chester, PA | $73,238 | $0 |
Cardiology Associates Foundation New York, NY | $256,483 | $51,551 |