American College Of Cardiology Minnesota is located in Minneapolis, MN. The organization was established in 2004. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American College Of Cardiology Minnesota is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2022, American College Of Cardiology Minnesota generated $157.3k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 10.2% each year . All expenses for the organization totaled $173.1k during the year ending 12/2022. While expenses have increased by 14.1% 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.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Retu Saxena President | 1 | $0 | |
Sharath Subramanian Secretary/treasurer | 1 | $0 | |
Steve Smalley Past President | 1 | $0 | |
Mohamad Alkhouli Director | 1 | $0 | |
Mario Gossl Director | 1 | $0 | |
Allen Luis Director | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $24,315 |
| Total Program Service Revenue | $74,615 |
| Membership dues | $58,180 |
| Investment income | $194 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $157,304 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $56,990 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $116,073 |
| Total expenses | $173,063 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $101,745 |
| Other assets | $0 |
| Total assets | $117,272 |
| Total liabilities | $4,497 |
| Net assets or fund balances | $112,775 |