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CARDIOVASCULAR INSTITUTE

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Public IRS 990 nonprofit record

CARDIOVASCULAR INSTITUTE

EIN 23-2984908 · Heart & Circulatory System Diseases & Disorders (G43)

What they do

THE CARDIOVASCULAR INSTITUTE CONDUCTS MEDICAL RESEARCH and PROFESSIONAL EDUCATION SEMINARS, and PROVIDES COMMUNITY EDUCATION IN THE AREA of CARDIOVASCULAR MEDICINE.

Before you give

Should I give to this charity?

Easy charity check
Look at where the money went

Of every $100 spent, about $96.10 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders10 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

106.34%of revenue went to mission work96.1% of expenses · Program services
1.19%of revenue went to fundraising1.1% of expenses
$110.61spent for every $100 of revenueSpending was higher than revenue this year.
3.09%of revenue went to management and office costs2.8% of expenses
$0.41in assets for every $1 spent this yearSome assets cannot be spent right away.
83.2%of its money came from giftsOther money may come from services or investments.

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  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $61,421 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $116,187 for MICHELE DAHAN (EXECUTIVE DI). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$578,691
Mission workProgram services$615,365106.34% of revenue96.1% of expenses
ManagementOffice and general costs$17,8833.09% of revenue2.8% of expenses
FundraisingAsking for donations$6,8641.19% of revenue1.1% of expenses
Total expenses$640,112110.61% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails
2024CurrentExpense mix: 96.1% mission · 2.8% management · 1.1% fundraisingTotal expenses: 110.61% of revenue
2023Expense mix: 97.4% mission · 1.9% management · 0.7% fundraisingTotal expenses: 128.48% of revenue
2022Expense mix: 98.7% mission · 1.3% management · 0.0% fundraisingTotal expenses: 115.54% of revenue
2021Expense mix: 97.9% mission · 2.1% management · 0.0% fundraisingTotal expenses: 105.18% of revenue
2020Expense mix: 97.3% mission · 2.7% management · 0.0% fundraisingTotal expenses: 114.94% of revenue
2019Expense mix: 97.8% mission · 2.2% management · 0.0% fundraisingTotal expenses: 124.54% of revenue
2018Expense mix: 97.8% mission · 2.2% management · 0.0% fundraisingTotal expenses: 92.80% of revenue
2017Expense mix: 97.0% mission · 3.0% management · 0.0% fundraisingTotal expenses: 170.74% of revenue

Money in and money out

Revenue$578,691
Expenses$640,112
Annual shortfall $61,421 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$615,365 · 96.1% of expenses
Management and office costs$17,883 · 2.8% of expenses
Fundraising$6,864 · 1.1% of expenses
See all reported dollar amounts
Revenue$578,691
Expenses$640,112
Assets$261,315
Income$641,318
Contributions$481,330
Mission work (program services)$615,365
Fundraising$6,864
Management and general$17,883
Executive compensation (total)$150,682
Stocks and bonds$69,004
Accounting fees$13,300
Investing fees$1,218
People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation
MICHELE DAHANEXECUTIVE DI · 26 hrs/week $116,187Base $107,308 · Other $8,879

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (10)

MICHELE DAHANEXECUTIVE DI

DEAN KARALIS MDBOARD MEMBER

DOUGLAS W CLARK MBABOARD MEMBER

LYNDA MISCHEL MHABOARD MEMBER

MARK VICTOR MDCO-MEDICAL D

MUHAMMAD RAZA MDBOARD MEMBER

PATRICIA K SCHELLER BSEBOARD MEMBER

SCOTT HESSEN MDBOARD MEMBER

SHELDON GOLDBERG MDPRESIDENT

VERONICA COVALESKY MDIM. PAST PR/

About this charity

Recognized since
January 1999
Location
825 MEARNS ROAD STE 201, WARMINSTER, PA 18974-2809
County
Bucks
In care of
VERONICA COVALESKY MD
Primary officer
VERONICA COVALESKY MD, IM. PAST PR/CO-MED.

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
July 1, 2024
Return type
990
Tax preparer
SKLAR CARMOSIN & COMPANY
NTEE classification
Heart & Circulatory System Diseases & Disorders (G43)
IRS tax category
Heart & Circulatory System Diseases & Disorders

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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