Oklahoma Heart Research And Education Foundation is located in Tulsa, OK. The organization was established in 2008. 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. Oklahoma Heart Research And Education 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 12/2022, Oklahoma Heart Research And Education Foundation generated $790.1k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 13.7% each year . All expenses for the organization totaled $292.5k during the year ending 12/2022. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
OHREF HAS APPROX 20-40 CLINICAL RESEARCH TRIALS ONGOING AT ANY ONE TIME DURING THE YEAR. TRIALS INVOLVE NEWER TREATMENT STRATEGIES OR AGENTS IN CARDIOVASCULAR MEDICINE
| Name (title) | Role | Hours | Compensation | 
|---|---|---|---|
Wayne N Leimbach Jr M D President  | 1 | $0 | |
Alan M Kaneshige M D Director  | 0 | $0 | |
Robert C Sonnenschein M D Secretary  | 0 | $0 | |
Gregory D Johnsen M D Director  | 0 | $0 | |
Roger D Des Prez M D Director  | 0 | $0 | |
Edward T Martin M D Director  | 0 | $0 | 
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $10,770 | 
| Interest on Savings | $744 | 
| 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 | $778,573 | 
| Total Revenue | $790,087 | 
| 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 | $299 | 
| Occupancy | $17,613 | 
| Travel, conferences, and meetings | $0 | 
| Printing and publications | $0 | 
| Other expenses | $153,639 | 
| Total operating and administrative expenses | $292,537 | 
| Contributions, gifts, grants paid | $0 | 
| Total expenses and disbursements | $292,537 | 
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $367,472 | 
| Savings and temporary cash investments | $509,901 | 
| 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 | $599 | 
| Other assets | $0 | 
| Total assets | $877,972 | 
| Accounts payable and accrued expenses | $2,338 | 
| 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 | $2,338 | 
| Organization Name | Assets | Revenue | 
|---|---|---|
Texas Heart Institute Houston, TX  | $239,276,429 | $28,297,437 | 
Leducq Foundation For Cardiovascular Research Houston, TX  | $65,970,226 | $8,208,035 | 
Can Do Multiple Sclerosis Avon, CO  | $2,070,034 | $2,798,341 | 
Oklahoma Heart Hospital Research Foundation Oklahoma City, OK  | $1,604,034 | $1,053,193 | 
Kansas City Heartrhytm Research Foundation Overland Park, KS  | $721,443 | $743,648 | 
Johnsie & Aubary Montgomeryinstitute Of Med Edu & Research Inc Houston, TX  | $1,457,568 | $457,435 | 
Oklahoma Heart Research And Education Foundation Tulsa, OK  | $877,972 | $790,087 | 
Championship Hearts Foundation Austin, TX  | $41,799 | $285,547 | 
Housten Center For Vascular Health Houston, TX  | $69,087 | $0 | 
Ep Live Foundation Overland Park, KS  | $547,118 | $5,000 | 
Coastal Heart Foundation San Antonio, TX  | $116,840 | $2,781 | 
Masons Give A Heart Foundation Inc Raymore, MO  | $21,714 | $0 | 
Cardiopulmonary Research Science and Technology Institute Dallas, TX  | $217,260 | $0 | 
Houston Shock Symposium Houston, TX  | $0 | $0 |