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Cardiovascular Institute

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Donations to this organization are tax deductible.

Details

According to its June 2023 tax filing, this nonprofit:

Reported conflict of interest transactions
Organizations must report loans, grants or business transactions with interested parties, which may include key employees and officers, their family members and any businesses in which they hold a controlling interest. These transactions must be reported on Schedule L.

Summary charts: organization finances over time

Revenue
$743k (2023)

Expenses
$859k (2023)

Total Assets
$510k (2023)

Total Liabilities
$2.04k (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending June
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$743,378
Expenses
$858,898
Net Income
-$115,520
Net Assets
$507,466
Notable Sources of Revenue Percent of Total Revenue
Contributions $569,043
76.5%
Program Services $160,042
21.5%
Investment Income $11,719
1.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $2,574
0.3%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $150,291
17.5%
Professional Fundraising Fees $0
Other Salaries and Wages $151,912
17.7%
Assets/Debt
Total Assets $509,507
Total Liabilities $2,041
Net Assets $507,466
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Mark Hartnett (Executive Di) $150,291 $0 $20,927
Patricia K Scheller Bse (Board Member) $0 $0 $0
Elaina Spilove Cima (Board Member) $0 $0 $0
Douglas W Clark Mba (Board Member) $0 $0 $0
Daniel Mccormick Md (Board Member) $0 $0 $0
Dean Karalis Md (Board Member) $0 $0 $0
Joseph Kraynak Md (Board Member) $0 $0 $0
Mark Victor Md (Co Medical D) $0 $0 $0
Muhammad Raza Md (Board Member) $0 $0 $0
Pasquale Procacci Md (Co Medical D) $0 $0 $0
Scott Hessen Md (Board Member) $0 $0 $0
Sheldon Goldberg Md (President) $0 $0 $0
Veronica Covalesky Md (Im. Past Pr/) $0 $0 $0
Lynda Mischel Mha (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending June
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$584,600
Expenses
$614,891
Net Income
-$30,291
Net Assets
$622,986
Notable Sources of Revenue Percent of Total Revenue
Contributions $344,415
58.9%
Program Services $190,385
32.6%
Investment Income $12,470
2.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $37,330
6.4%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $152,918
24.9%
Professional Fundraising Fees $0
Other Salaries and Wages $143,089
23.3%
Assets/Debt
Total Assets $625,538
Total Liabilities $2,552
Net Assets $622,986
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Mark Hartnett (Executive Di) $152,918 $0 $20,419
Patricia K Scheller Bse (Board Member) $0 $0 $0
Elaina Spilove Cima (Board Member) $0 $0 $0
Douglas W Clark Mba (Board Member) $0 $0 $0
Daniel Mccormick Md (Board Member) $0 $0 $0
Dean Karalis Md (Board Member) $0 $0 $0
Joseph Kraynak Md (Board Member) $0 $0 $0
Mark Victor Md (Co Medical D) $0 $0 $0
Muhammad Raza Md (Board Member) $0 $0 $0
Pasquale Procacci Md (Co Medical D) $0 $0 $0
Scott Hessen Md (Board Member) $0 $0 $0
Sheldon Goldberg Md (President) $0 $0 $0
Veronica Covalesky Md (Im. Past Pr/) $0 $0 $0
Lynda Mischel Mha (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending June
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$459,814
Expenses
$560,409
Net Income
-$100,595
Net Assets
$625,541
Notable Sources of Revenue Percent of Total Revenue
Contributions $305,869
66.5%
Program Services $124,367
27.0%
Investment Income $12,471
2.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $17,107
3.7%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $134,064
23.9%
Professional Fundraising Fees $0
Other Salaries and Wages $132,106
23.6%
Assets/Debt
Total Assets $683,846
Total Liabilities $58,305
Net Assets $625,541
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Mark Hartnett (Executive Di) $134,064 $0 $18,620
Patricia K Scheller Bse (Board Member) $0 $0 $0
Elaina Spilove Cima (Board Member) $0 $0 $0
Douglas W Clark Mba (Board Member) $0 $0 $0
Daniel Mccormick Md (Board Member) $0 $0 $0
Dean Karalis Md (Board Member) $0 $0 $0
Joseph Kraynak Md (Board Member) $0 $0 $0
Mark Victor Md (Co Medical D) $0 $0 $0
Muhammad Raza Md (Board Member) $0 $0 $0
Pasquale Procacci Md (Co Medical D) $0 $0 $0
Scott Hessen Md (Board Member) $0 $0 $0
Sheldon Goldberg Md (President) $0 $0 $0
Veronica Covalesky Md (Im. Past Pr/) $0 $0 $0
Lynda Mischel Mha (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending June
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$631,368
Expenses
$786,310
Net Income
-$154,942
Net Assets
$726,136
Notable Sources of Revenue Percent of Total Revenue
Contributions $486,250
77.0%
Program Services $141,806
22.5%
Investment Income $16,902
2.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$13,590
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $150,682
19.2%
Professional Fundraising Fees $0
Other Salaries and Wages $128,185
16.3%
Assets/Debt
Total Assets $777,211
Total Liabilities $51,075
Net Assets $726,136
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Mark Hartnett (Executive Di) $150,683 $0 $10,911
Patricia K Scheller Bse (Board Member) $0 $0 $0
Elaina Spilove Cima (Board Member) $0 $0 $0
Douglas W Clark Mba (Board Member) $0 $0 $0
Daniel Mccormick Md (Board Member) $0 $0 $0
Dean Karalis Md (Board Member) $0 $0 $0
Joseph Kraynak Md (Board Member) $0 $0 $0
Mark Victor Md (Co Medical D) $0 $0 $0
Muhammad Raza Md (Board Member) $0 $0 $0
Pasquale Procacci Md (Co Medical D) $0 $0 $0
Scott Hessen Md (Board Member) $0 $0 $0
Sheldon Goldberg Md (President) $0 $0 $0
Veronica Covalesky Md (Im. Past Pr/) $0 $0 $0
Lynda Mischel Mha (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending June
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$653,337
Expenses
$606,299
Net Income
$47,038
Net Assets
$881,078
Notable Sources of Revenue Percent of Total Revenue
Contributions $460,532
70.5%
Program Services $173,581
26.6%
Investment Income $17,603
2.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $1,621
0.2%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $131,057
21.6%
Professional Fundraising Fees $0
Other Salaries and Wages $55,883
9.2%
Assets/Debt
Total Assets $882,800
Total Liabilities $1,722
Net Assets $881,078
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Mark Hartnett (Executive Di) $122,514 $0 $8,542
Sheldon Goldberg Md (President) $0 $0 $0
Veronica Covalesky Md (Im. Past Pr/) $0 $0 $0
Pasquale Procacci Md (Co Medical D) $0 $0 $0
Mark Victor Md (Co Medical D) $0 $0 $0
Scott Hessen Md (Board Member) $0 $0 $0
Dean Karalis Md (Board Member) $0 $0 $0
Joseph Kraynak Md (Board Member) $0 $0 $0
Daniel Mccormick Md (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending June
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$358,224
Expenses
$611,616
Net Income
-$253,392
Net Assets
$834,040
Notable Sources of Revenue Percent of Total Revenue
Contributions $408,315
> 100%
Program Services $170,568
47.6%
Investment Income $12,436
3.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$233,095
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $132,543
21.7%
Professional Fundraising Fees $0
Other Salaries and Wages $62,567
10.2%
Assets/Debt
Total Assets $834,917
Total Liabilities $877
Net Assets $834,040
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Mark Hartnett (Executive Di) $120,404 $0 $12,139
Scott Hessen Md (Immediate Pa) $0 $0 $0
Veronica Covalesky Md (President /) $0 $0 $0
Pasquale Procacci Md (Medical Dir.) $0 $0 $0
Mark Victor Md (Medical Dir.) $0 $0 $0
Paul Grena Md (Board Member) $0 $0 $0
Sheldon Goldberg Md (Board Member) $0 $0 $0
Joseph Kraynak Md (Board Member) $0 $0 $0
Dean Karalis Md (Board Member) $0 $0 $0
Daniel Mccormick Md (Board Member) $0 $0 $0
D Lynn Morris Md (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending June
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$585,872
Expenses
$549,254
Net Income
$36,618
Net Assets
$1,087,432
Notable Sources of Revenue Percent of Total Revenue
Contributions $414,003
70.7%
Program Services $167,411
28.6%
Investment Income $2,320
0.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $2,138
0.4%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $126,698
23.1%
Professional Fundraising Fees $0
Other Salaries and Wages $49,531
9.0%
Assets/Debt
Total Assets $1,096,057
Total Liabilities $8,625
Net Assets $1,087,432
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Mark Hartnett (Executive Di) $116,640 $0 $10,058
Scott Hessen Md (Immediate Pa) $0 $0 $0
Veronica Covalesky Md (President /) $0 $0 $0
Pasquale Procacci Md (Medical Dir.) $0 $0 $0
Mark Victor Md (Medical Dir.) $0 $0 $0
Paul Grena Md (Board Member) $0 $0 $0
Sheldon Goldberg Md (Board Member) $0 $0 $0
Santosh Gupta Bala Md (Board Member) $0 $0 $0
Dean Karalis Md (Board Member) $0 $0 $0
Daniel Mccormick Md (Board Member) $0 $0 $0
D Lynn Morris Md (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending June
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$714,814
Expenses
$504,278
Net Income
$210,536
Net Assets
$1,050,147
Notable Sources of Revenue Percent of Total Revenue
Contributions $566,812
79.3%
Program Services $147,866
20.7%
Investment Income $1,853
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising -$1,717
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $128,071
25.4%
Professional Fundraising Fees $0
Other Salaries and Wages $48,308
9.6%
Assets/Debt
Total Assets $1,066,223
Total Liabilities $16,076
Net Assets $1,050,147
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Mark Hartnett (Executive Di) $120,697 $0 $7,374
Scott Hessen Md (Immediate Pa) $0 $0 $0
Veronica Covalesky Md (President /) $0 $0 $0
Pasquale Procacci Md (Medical Dir.) $0 $0 $0
Mark Victor Md (Medical Dir.) $0 $0 $0
Paul Grena Md (Board Member) $0 $0 $0
Sheldon Goldberg Md (Board Member) $0 $0 $0
Santosh Gupta Bala Md (Board Member) $0 $0 $0
Dean Karalis Md (Board Member) $0 $0 $0
Daniel Mccormick Md (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending June
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$550,416
Expenses
$528,642
Net Income
$21,774
Net Assets
$833,923
Notable Sources of Revenue Percent of Total Revenue
Contributions $338,796
61.6%
Program Services $218,264
39.7%
Investment Income $1,974
0.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising -$8,618
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $111,829
21.2%
Professional Fundraising Fees $0
Other Salaries and Wages $46,751
8.8%
Assets/Debt
Total Assets $845,484
Total Liabilities $11,561
Net Assets $833,923
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Mark Hartnett (Executive Di) $107,390 $0 $4,439
Scott Hessen Md (Immediate Pa) $0 $0 $0
Veronica Covalesky Md (President /) $0 $0 $0
Pasquale Procacci Md (Medical Dir.) $0 $0 $0
Mark Victor Md (Medical Dir.) $0 $0 $0
Paul Grena Md (Board Member) $0 $0 $0
Sheldon Goldberg Md (Board Member) $0 $0 $0
Santosh Gupta Bala Md (Board Member) $0 $0 $0
Dean Karalis Md (Board Member) $0 $0 $0
Joseph Kraynak Md (Board Member) $0 $0 $0
Daniel Mccormick Md (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending June
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$428,463
Expenses
$475,862
Net Income
-$47,399
Net Assets
$812,149
Notable Sources of Revenue Percent of Total Revenue
Contributions $287,595
67.1%
Program Services $138,998
32.4%
Investment Income $1,870
0.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $116,856
24.6%
Professional Fundraising Fees $0
Other Salaries and Wages $44,955
9.4%
Assets/Debt
Total Assets $818,950
Total Liabilities $6,801
Net Assets $812,149
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Mark Hartnett (Executive Di) $113,640 $0 $3,216
Scott Hessen Md (Immediate Pa) $0 $0 $0
Veronica Covalesky Md (President /) $0 $0 $0
Pasquale Procacci Md (Medical Dir.) $0 $0 $0
Mark Victor Md (Medical Dir.) $0 $0 $0
Paul Grena Md (Board Member) $0 $0 $0
Sheldon Goldberg Md (Board Member) $0 $0 $0
Santosh Gupta Bala Md (Board Member) $0 $0 $0
Dean Karalis Md (Board Member) $0 $0 $0
Joseph Kraynak Md (Board Member) $0 $0 $0
Connie Kraynak (Board Member) $0 $0 $0
Daniel Mccormick Md (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending June
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$382,216
Expenses
$505,685
Net Income
-$123,469
Net Assets
$859,548
Notable Sources of Revenue Percent of Total Revenue
Contributions $246,015
64.4%
Program Services $133,796
35.0%
Investment Income $2,429
0.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising -$24
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $123,125
24.3%
Professional Fundraising Fees $0
Other Salaries and Wages $43,744
8.7%
Assets/Debt
Total Assets $875,008
Total Liabilities $15,460
Net Assets $859,548

Document Links

Fiscal Year Ending June
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$411,572
Expenses
$495,626
Net Income
-$84,054
Net Assets
$983,017
Notable Sources of Revenue Percent of Total Revenue
Contributions $241,832
58.8%
Program Services $165,485
40.2%
Investment Income $5,412
1.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising -$1,157
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $128,999
26.0%
Professional Fundraising Fees $0
Other Salaries and Wages $44,932
9.1%
Assets/Debt
Total Assets $995,659
Total Liabilities $12,642
Net Assets $983,017

Document Links

Fiscal Year Ending June
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$388,298
Expenses
$436,999
Net Income
-$48,701
Net Assets
$1,067,071
Notable Sources of Revenue Percent of Total Revenue
Contributions $287,512
74.0%
Program Services $123,904
31.9%
Investment Income $5,076
1.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising -$28,194
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $119,059
27.2%
Professional Fundraising Fees $0
Other Salaries and Wages $66,339
15.2%
Assets/Debt
Total Assets $1,072,148
Total Liabilities $5,077
Net Assets $1,067,071

Document Links

Fiscal Year Ending June
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2003

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2002

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2001

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

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For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
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  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
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