Northern Illinois Heart Institute Inc
- Assets
- $211.7k
- Revenue
- $12.0k
- Investments
- $198.0k
- Employees
- 0
- Location
- Elgin, IL
- Founding
- 07/1991
- Data as of
- 12/2021
- 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 12/2021, Northern Illinois Heart Institute Inc generated $12.0k in total revenue. All expenses for the organization totaled $11.7k during the year ending 12/2021.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sandra Gielow Treasurer | 0 | $0 | |
Brent Khazei President | 0 | $0 | |
Suzanna Khazei Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $10,268 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,763 |
| Capital Gain Net Income | $946 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $12,031 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,466 |
| Total operating and administrative expenses | $5,216 |
| Contributions, gifts, grants paid | $6,500 |
| Total expenses and disbursements | $11,716 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $13,699 |
| 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 | $211,707 |
| 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 $6,500 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
BEAR NECESSITIES PURPOSE: PEDIATRIC CANCER PROGRAM SUPPORT | $4,500 |
ALZHEIMERS ASSOCIATION PURPOSE: ELIMINATE ALZAHEIMER'S DISEASE | $1,000 |
JANES ROOM PURPOSE: TYPE 1 DIABETES RESEARCH | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Prairie Research And Education Cooperative Springfield, IL | $4,345,359 | $3,470,955 |
Conquering Congenital Heart Disease Madison, WI | $163,592 | $581,914 |
Midwest Cardiovascular Research And Education Foundation Elkhart, IN | $280,009 | $386,719 |
Kentucky Heart Foundation Inc Ashland, KY | $569,027 | $4,678 |
Cardiac Surgery Research And Education Foundation Mokena, IL | $83,520 | $0 |
Harlan E Moore Heart Research Foundation Champaign, IL | $3,138,734 | $85,454 |
Pediatric Congenital Heart Association Inc Elgin, IL | $20,321 | $0 |
Jones Endovascular Institute Nfp Flossmoor, IL | $46,361 | $0 |
Northern Illinois Heart Institute Inc Elgin, IL | $211,707 | $12,031 |
Midamerica Cardiovascular Consultants Foundation Oak Lawn, IL | $29,432 | $0 |
Waukesha Heart Foundation Inc Waukesha, WI | $584,339 | $69,517 |
World Stroke Organization Lincolnshire, IL | $25,214 | $0 |