International Society For Cardiovascular Translational Resea
- Assets
- $500.8k
- Revenue
- $312.6k
- Investments
- $0.0
- Employees
- 3
- Location
- Phoenix, AZ
- Founding
- 01/2008
- Data as of
- 12/2020
- EIN
- 77-0682420
Organization Overview
International Society For Cardiovascular Translational Resea is located in Phoenix, AZ. 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. As of 12/2020, International Society For Cardiovascular Translational Resea employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. International Society For Cardiovascular Translational Resea 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 12/2020, International Society For Cardiovascular Translational Resea generated $312.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (7.1%) each year. All expenses for the organization totaled $295.6k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (9.9%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE AN ENVIRONMENT FOR COLLABORATION AND GUIDANCE AMONG BASIC AND CLINICAL SCIENTISTS, REGULATORY AUTHORITIES AND THE MEDICAL INDUSTRY TO EXPEDITE SCIENTIFIC DISCOVERIES INTO CLINICAL APPLICATIONS, DISSEMINATE THE SCIENCE AMONG THE SCIENTIFIC COMMUNITY, PROMOTE RESEARCH, DEVELOPMENT OF GUIDELINES FOR TRAINING AND CERTIFICATION IN TRANSLATIONAL RESEARCH, INFLUENCE HEALTH CARE POLICY, EDUCATE THE PUBLIC, AND IMPROVE THE WELL-BEING OF PATIENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
A SUMMIT, AND CORRESPONDING ONLINE COURSES, INTENDED FOR PHYSICIANS, MEDICAL DEVICE ENGINEERS, INDUSTRY PERSONNEL, REGULATORY AGENCIES, HOSPITAL ADMINISTRATION, AND REIMBURSEMENT AGENCIES TITLED, "TRANSLATIONAL PATHWAYS FOR CARDIOVASCULAR DEVICES" WITH THE OBJECTIVE "TO PRESENT AND DISCUSS THE TRANSLATIONAL PATHWAYS FOR CARDIOVASCULAR DIAGNOSTIC AND THERAPEUTIC DEVICES THAT INCORPORATES INPUT FROM ACADEMIA, INDUSTRY, FDA, AND PAYERS". THE SECTIONS INCLUDED: 1. DEVICE DEVELOPMENT PROCESSES, 2. ADVANCES IN HIGH-RISK CORONARY LESIONS, 3. STRUCTURAL HEART INTERVENTION IMAGING, 4. LEFT APPENDAGE CLOSURE DEVICES, 5. PATHWAYS FOR HEART FAILURE, 6. COMPLEX CORONARY OCCLUSIONS.
A SUMMIT, AND CORRESPONDING ONLINE COURSES, INTENDED FOR PHYSICIANS, MEDICAL DEVICE ENGINEERS, INDUSTRY PERSONNEL, REGULATORY AGENCIES, HOSPITAL ADMINISTRATION, AND REIMBURSEMENT AGENCIES TITLED, "TRANSLATIONAL PATHWAYS FOR CARDIOVASCULAR DEVICES" WITH THE OBJECTIVE "TO PRESENT AND DISCUSS THE TRANSLATIONAL PATHWAYS FOR CARDIOVASCULAR DIAGNOSTIC AND THERAPEUTIC DEVICES THAT INCORPORATES INPUT FROM ACADEMIA, INDUSTRY, FDA, AND PAYERS". THE SECTIONS INCLUDED: 1. DEVICE DEVELOPMENT PROCESSES, 2. ADVANCES IN HIGH-RISK CORONARY LESIONS, 3. STRUCTURAL HEART INTERVENTION IMAGING, 4. LEFT APPENDAGE CLOSURE DEVICES, 5. PATHWAYS FOR HEART FAILURE, 6. COMPLEX CORONARY OCCLUSIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Nabil Dib President | OfficerTrustee | 20 | $23,077 |
Peter Barca Secretary | OfficerTrustee | 1 | $3,000 |
Robert Roberts Chairman | OfficerTrustee | 1 | $0 |
Spencer King Chairman | OfficerTrustee | 1 | $0 |
Anthony Demaria Vice President | OfficerTrustee | 1 | $0 |
Charles Simonton Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $296,195 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $296,195 |
| Total Program Service Revenue | $8,685 |
| Investment income | $7,683 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $312,563 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $23,077 |
| Compensation of current officers, directors, key employees. | $9,231 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $145,762 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $1,698 |
| Payroll taxes | $14,333 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $6,223 |
| Fees for services: Accounting | $4,321 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $38,078 |
| Advertising and promotion | $11,787 |
| Office expenses | $9,439 |
| Information technology | $28,349 |
| Royalties | $0 |
| Occupancy | $2,257 |
| Travel | $3,310 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $287 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $366 |
| Insurance | $0 |
| All other expenses | $104 |
| Total functional expenses | $295,573 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $204,082 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $3,292 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $293,329 |
| Intangible assets | $0 |
| Other assets | $140 |
| Total assets | $500,843 |
| Accounts payable and accrued expenses | $3,809 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $3,809 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $497,034 |
| Total liabilities and net assets/fund balances | $500,843 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that International Society For Cardiovascular Translational Resea has recieved totaling $6,000.
| Awarding Organization | Amount |
|---|---|
Pikes Peak Community Foundation Colorado Springs, CO PURPOSE: HEALTH - PHYSICAL | $6,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Heritage Medical Research Institute Marina Del Rey, CA | $238,934,185 | $27,561,662 |
Preventive Medicine Research Institute Sausalito, CA | $1,713,324 | $2,622,584 |
Can Do Multiple Sclerosis Avon, CO | $2,506,301 | $2,524,184 |
Vascular Cures Redwood City, CA | $4,123,824 | $516,547 |
Corday Family Foundation Beverly Hills, CA | $3,739,280 | $630,247 |
Phaware Global Association Burbank, CA | $911,775 | $484,122 |
International Society For Cardiovascular Translational Resea Phoenix, AZ | $500,843 | $312,563 |
Foundation For Cardiovascular Medicine And Research San Diego, CA | $2,574,907 | $91,466 |
International Andreas Gruentzig Society San Francisco, CA | $294,706 | $375,804 |
Medvantage Research Inc Rocklin, CA | $65,702 | $0 |
Pulmonary Pathology Society Inc Scottsdale, AZ | $390,785 | $227,087 |
International Pediatric Stroke Organization Inc San Francisco, CA | $343,019 | $397,760 |