AMERICAN COLLEGE OF CARDIOLOGY FOUNDATION Charity Report

Public IRS 990 nonprofit record

AMERICAN COLLEGE OF CARDIOLOGY FOUNDATION

EIN 13-5641985 · Diseases, Disorders & Medical Disciplines (G43Z)

What they do

to TRANSFORM CARDIOVASCULAR CARE and IMPROVE HEART HEALTH for ALL.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $82.70 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 leaders41 people are listed in the latest report.

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

Money made simple

85.44%of revenue went to mission work82.7% of expenses · Program services

0.20%of revenue went to fundraising0.2% of expenses

$103.31spent for every $100 of revenueSpending was higher than revenue this year.

17.67%of revenue went to management and office costs17.1% of expenses

$2.28in assets for every $1 spent this yearSome assets cannot be spent right away.

13.5%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 $4,163,467 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $1,061,068 for CATHLEEN C GATES (CEO). 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$125,831,256

Mission workProgram services$107,504,64485.44% of revenue82.7% of expenses

ManagementOffice and general costs$22,234,33517.67% of revenue17.1% of expenses

FundraisingAsking for donations$255,7440.20% of revenue0.2% of expenses

Total expenses$129,994,723103.31% 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: 82.7% mission · 17.1% management · 0.2% fundraisingTotal expenses: 103.31% of revenue

2023Expense mix: 82.1% mission · 17.7% management · 0.2% fundraisingTotal expenses: 100.90% of revenue

2022Expense mix: 86.2% mission · 13.7% management · 0.2% fundraisingTotal expenses: 105.23% of revenue

2021Expense mix: 86.4% mission · 16.7% management · 0.3% fundraisingTotal expenses: 83.13% of revenue

2020Expense mix: 84.3% mission · 15.0% management · 0.7% fundraisingTotal expenses: 100.23% of revenue

2019Expense mix: 84.9% mission · 14.6% management · 0.4% fundraisingTotal expenses: 99.09% of revenue

2018Expense mix: 86.2% mission · 13.8% management · 0.0% fundraisingTotal expenses: 102.84% of revenue

2017Expense mix: 86.1% mission · 13.9% management · 0.1% fundraisingTotal expenses: 101.68% of revenue

Money in and money out

Revenue$125,831,256

Expenses$129,994,723

Annual shortfall $4,163,467 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)$107,504,644 · 82.7% of expenses

Management and office costs$22,234,335 · 17.1% of expenses

Fundraising$255,744 · 0.2% of expenses

See all reported dollar amounts

Revenue$125,831,256

Expenses$129,994,723

Assets$295,838,875

Income$150,500,678

Contributions$17,034,165

Mission work (program services)$107,504,644

Fundraising$255,744

Grants given$4,371,754

Average grant$42,444

Management and general$22,234,335

Stocks and bonds$178,498,749

Accounting fees$261,128

Investing fees$147,511

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

CATHLEEN C GATESCEO · 45 hrs/week $1,061,068Base $1,055,051 · Other $6,017

JANICE SIBLEYEVP · 50 hrs/week $612,576Base $609,494 · Other $3,082

LISA HIXEVP/GENERAL COUNSEL · 45 hrs/week $609,997Base $577,418 · Other $32,579

JOHN B MULLENEVP · 50 hrs/week $595,799Base $560,643 · Other $35,156

AMI BHATTCHIEF INNOVATION OFFICER · 50 hrs/week $477,399Base $446,590 · Other $30,809

MELVIN ECHOLSCHIEF HEALTH EQUITY OFFICER · 50 hrs/week $394,221Base $383,575 · Other $10,646

LARA E SLATTERYDVP, CLINICAL REGISTRY & ACCREDITATION · 50 hrs/week $366,178Base $334,505 · Other $31,673

NICOLA KENNEDYDVP, CHIEF PEOPLE OFFICER · 50 hrs/week $354,133Base $332,233 · Other $21,900

NEAL A KOVACHDVP, GLOBAL INNOVATION & CLINICAL TRANSFORMATION · 50 hrs/week $336,728Base $302,451 · Other $34,277

ANITA PIERMARINIDVP, FINANCE · 50 hrs/week $324,247Base $312,612 · Other $11,635

RAVEE KURIANCOO / CFO · 28 hrs/week $315,867Base $280,870 · Other $34,997

JOYCE DONNELLANDVP, EDUCATION · 50 hrs/week $314,972Base $283,519 · Other $31,453

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 (41)

CATHLEEN C GATESCEO

JANICE SIBLEYEVP

LISA HIXEVP/GENERAL COUNSEL

JOHN B MULLENEVP

AMI BHATTCHIEF INNOVATION OFFICER

MELVIN ECHOLSCHIEF HEALTH EQUITY OFFICER

LARA E SLATTERYDVP, CLINICAL REGISTRY & ACCREDITATION

NICOLA KENNEDYDVP, CHIEF PEOPLE OFFICER

NEAL A KOVACHDVP, GLOBAL INNOVATION & CLINICAL TRANSFORMATION

ANITA PIERMARINIDVP, FINANCE

RAVEE KURIANCOO / CFO

JOYCE DONNELLANDVP, EDUCATION

RICHARD KOVACSCHIEF MEDICAL OFFICER

BRUCE CARPERDVP, TECHNOLOGY & BUSINESS SERVICE

JULIE STEPHENSONTEAM LEADER, CORPORATE RELATIONS & BUSINESS STRATE

SHALEN FAIRBANKSDVP, MARKETING & COMMUNICATIONS

JUSTINE M TURCODVP, PUBLISHING

LEAR ZABOROWSKITEAM LEADER, CORPORATE RELATIONS & BUSINESS STRATE

AMANDA K KRAIGERDVP, ENTERPRISE CONTENT & DIGITAL STRATEGY

AUDRA LUDWIGDEPUTY GENERAL COUNSEL ASSOCIATE

CATHLEEN BIGA MSN FACCPRESIDENT

KATHERINE M WILSONDVP, MEMBERSHIP

B HADLEY WILSON MD MACCIMMEDIATE PAST PRESIDENT

HIMABINDU VIDULA MD MS FACCSECRETARY AND BOARD OF GOVERNORS CHAIR

BONNIE KY MD MSCE FACCTRUSTEE

CHRISTOPHER M KRAMER MD FACCVICE PRESIDENT

AKSHAY K KHANDELWAL MD MBA FACCTREASURER

DAVID WINCHESTER MD MS FACCSECRETARY AND BOARD OF GOVERNORS CHAIR-ELECT

JEFFREY T KUVIN MD FACCTRUSTEE

JAMES L JANUZZI JR MD FACCTRUSTEE 03/2024

PAMELA B MORRIS MD FACCTRUSTEE

JOSEPH E MARINE MD MBA FACCTRUSTEE 03/2024

LEE R GOLDBERG MD MPH FACCTRUSTEE

HANI K NAJM MD MSC FACCTRUSTEE

ROXANA MEHRAN MD FACCTRUSTEE

NICOLE L LOHR MD PHD FACCSECRETARY AND BOARD OF GOVERNORS CHAIR 03/2024

SANDRA J LEWIS MD FACCTRUSTEE

THOMAS M MADDOX MD MSC FACCTRUSTEE

ED W CHILDS MD FACSTRUSTEE 03/2024

EDWARD TA FRY MD MACCIMMEDIATE PAST PRESIDENT 03/2024

ANDREAS MERKL MBATRUSTEE

About this charity

Recognized since: January 1952
Location: 2400 N STREET NW, WASHINGTON, DC 20037-1153
County: District of Columbia
In care of: % MARIA THOMAS
Primary officer: Cathleen C Gates, CEO

How to reach them

WebsiteVisit the charity’s website Phone(202) 375-6000

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: BDO USA
NTEE classification: Diseases, Disorders & Medical Disciplines (G43Z)
Grant-giving organization: Yes