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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

Are they doing good?

Easy charity check
Good signs so far

The public paperwork has several good signs. Now check whether the charity can show who it helped.

Here is the honest answer: A tax form shows money and paperwork. It cannot prove that people, animals, or the community were truly helped.

Good signs we looked for

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

$110.61spent for every $100 of revenueSpending was higher than revenue this year.
$2.80of every $100 spent went to management and office costsThis number alone does not tell us how much good they did.
$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.

Ask these three easy questions

  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: Good paperwork is a good sign—not proof. The best answer comes when the charity can show what it changed, who it 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.

Money in and money out

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

Selected spending reported on the 990

Each amount is compared with total expenses separately. These categories can overlap, so they should not be added together as a pie chart.

Management and general$17,883 · 2.8% of expenses
Reported executive compensation (total)$150,682 · 23.5% of expenses
See all reported dollar amounts
Revenue$578,691
Expenses$640,112
Assets$261,315
Income$641,318
Contributions$481,330
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 SUITE 201, WARMINSTER, PA 18974
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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