NEW YORK CARDIAC CENTER INC Charity Report

Public IRS 990 nonprofit record

NEW YORK CARDIAC CENTER INC

EIN 13-1624083 · Heart & Circulatory System Diseases & Disorders (G43)

What they do

THE MISSION of THE NEW YORK CARDIAC CENTER is to BE A PART of THE ONGOING EFFORT to DIAGNOSE and PREVENT HEART and OTHER DISEASES. WE HELP to DEVELOP TREATMENT for THOSE WHO NEED IT and ASSIST IN TRAINING NEW SCIENTISTS, EDUCATORS, and PHYSICIANS. WE ARE COMMITED to IMPROVING A PERSONS CHANCES of LIVING A FULL and HEALTHY LIFE. to DO SO WE COMMIT OUR RESOURCES to INNOVATIVE PROJECTS IN RESEARCH, EDUCATION and TREATMENT.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $53.20 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 leaders14 people are listed in the latest report.

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

Money made simple

88.19%of revenue went to mission work53.2% of expenses · Program services

$165.74spent for every $100 of revenueSpending was higher than revenue this year.

77.61%of revenue went to management and office costs46.8% of expenses

$8.60in assets for every $1 spent this yearSome assets cannot be spent right away.

7.1%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

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

Worth asking: Expenses exceeded revenue by $111,045 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $2,000 for OLIVIER GERS (BD OF GOVERN). 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.

$100revenue

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$168,861

Mission workProgram services$148,91188.19% of revenue53.2% of expenses

ManagementOffice and general costs$131,05577.61% of revenue46.8% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Total expenses$279,966165.80% 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: 53.2% mission · 46.8% management · 0.0% fundraisingTotal expenses: 165.80% of revenue

2023Expense mix: 52.9% mission · 42.4% management · 4.6% fundraisingTotal expenses: 349.92% of revenue

2022Expense mix: 51.4% mission · 44.9% management · 3.7% fundraisingTotal expenses: 150.74% of revenue

2021Expense mix: 49.3% mission · 46.5% management · 4.2% fundraisingTotal expenses: 72.83% of revenue

2020Expense mix: 48.3% mission · 47.3% management · 4.4% fundraisingRevenue comparison unavailable

2019Expense mix: 58.0% mission · 35.2% management · 6.8% fundraisingTotal expenses: 192.15% of revenue

2018Expense mix: 53.9% mission · 40.0% management · 6.2% fundraisingRevenue comparison unavailable

2017Expense mix: 52.1% mission · 41.4% management · 6.5% fundraisingTotal expenses: 246.68% of revenue

Money in and money out

Revenue$168,921

Expenses$279,966

Annual shortfall $111,045 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)$148,911 · 53.2% of expenses

Management and office costs$131,055 · 46.8% of expenses

See all reported dollar amounts

Revenue$168,921

Expenses$279,966

Assets$2,408,986

Income$907,562

Contributions$12,036

Mission work (program services)$148,911

Grants given$741,500

Average grant$30,896

Management and general$131,055

Executive compensation (total)$15,750

Stocks and bonds$2,256,752

Accounting fees$6,500

Investing fees$26,248

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

OLIVIER GERSBD OF GOVERN · 1 hrs/week $2,000

ALFRED S GLAZIERTREASURER · 1 hrs/week $1,500

ANNE RONAN ESQSECRETARY · 1 hrs/week $1,500

DAVID GLAZER ESQVICE PRESIDE · 1 hrs/week $1,500

IRIS KOPELOFF MDBD OF GOVERN $1,500

JOFFREY PEARLMANBD OF GOVERN $1,500

LISA TROY MDBD OF GOVERN $1,500

MICHAEL ROGOW DDSBD OF GOVERN · 1 hrs/week $1,500

MICHAEL WOLK MDEXEC V.P. · 1 hrs/week $1,500

PAUL BERNSTEINBD OF GOVERN $1,500

ROBERT WOLKBD OF GOVERN $1,500

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 (14)

OLIVIER GERSBD OF GOVERN

ALFRED S GLAZIERTREASURER

ANNE RONAN ESQSECRETARY

DAVID GLAZER ESQVICE PRESIDE

IRIS KOPELOFF MDBD OF GOVERN

JOFFREY PEARLMANBD OF GOVERN

LISA TROY MDBD OF GOVERN

MICHAEL ROGOW DDSBD OF GOVERN

MICHAEL WOLK MDEXEC V.P.

PAUL BERNSTEINBD OF GOVERN

ROBERT WOLKBD OF GOVERN

EDWARD NEWMAN CPA INACTIVEBD OF GOVERN

RICHARD GLAZERPRESIDENT

STEPHEN SHEPARDBD OF GOVERN

About this charity

Recognized since: January 1946
Location: 82 NORTH SUMMIT STREET, TENAFLY, NJ 07670-1016
County: Bergen
In care of: RICHARD GLAZER
Primary officer: RICHARD GLAZER, PRESIDENT

How to reach them

WebsiteVisit the charity’s website Emailnewyorkcardiaccenter@gmail.com Phone(201) 569-8180

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: CABALLERO & ASSOCIATES LLC
NTEE classification: Heart & Circulatory System Diseases & Disorders (G43)
IRS tax category: Heart & Circulatory System Diseases & Disorders
Grant-giving organization: Yes