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Mitral Foundation

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.

Category: Health — General and Rehabilitative / Single Organization Support (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$2.09M (2024)

Expenses
$886k (2024)

Total Assets
$8.64M (2024)

Total Liabilities
$0 (2024)

Source: Form 990 tax filings from 2011 to 2024

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 Dec.
2024

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,089,981
Expenses
$885,536
Net Income
$1,204,445
Net Assets
$8,638,357
Notable Sources of Revenue Percent of Total Revenue
Contributions $2,079,981
99.5%
Program Services $10,000
0.5%
Investment Income $0
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 $0
Professional Fundraising Fees $0
Other Salaries and Wages $199,720
22.6%
Assets/Debt
Total Assets $8,638,357
Total Liabilities $0
Net Assets $8,638,357
Compensation
Key Employees and Officers Compensation Related Other
David H Adams Md 1 (President) $0 $5,995,071 $54,985
Dennis Charney Md 1 2 (Vice President) $0 $2,579,191 $57,057
Frederick Slagle (Secretary) $0 $0 $0
Jurgen A Friedrich (Chairman/Director) $0 $0 $0
Valentin Fuster Md 1 (Board Director) $0 $1,453,764 $102,436
Frederick R Cummings Jr (Assistant Secretary) $0 $0 $0
Mark Kostegan Fahp 1 (Vice President For Development) $0 $1,532,974 $60,615
Stephen Harvey 1 (Treasurer) $0 $1,972,048 $85,092

Document Links

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$6,366,710
Expenses
$873,022
Net Income
$5,493,688
Net Assets
$7,433,912
Notable Sources of Revenue Percent of Total Revenue
Contributions $6,248,710
98.1%
Program Services $118,000
1.9%
Investment Income $0
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 $0
Professional Fundraising Fees $0
Other Salaries and Wages $215,351
24.7%
Assets/Debt
Total Assets $7,433,912
Total Liabilities $0
Net Assets $7,433,912
Compensation
Key Employees and Officers Compensation Related Other
David H Adams Md (1) (President) $0 $6,643,574 $53,291
Dennis Charney Md (1) (2) (Vice President) $0 $5,416,895 $54,392
Frederick Slagle (Secretary) $0 $0 $0
Jurgen A Friedrich (Chairman/Director) $0 $0 $0
Valentin Fuster Md (1) (Board Director) $0 $1,469,119 $67,335
Frederick R Cummings Jr (Assistant Secretary) $0 $0 $0
Mark Kostegan Fahp (1) (Vice President For Development) $0 $1,125,387 $57,846
Stephen Harvey (1) (Treasurer) $0 $2,026,048 $81,824

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,480,969
Expenses
$1,047,891
Net Income
$433,078
Net Assets
$1,940,224
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,462,465
98.8%
Program Services $18,504
1.2%
Investment Income $0
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 $0
Professional Fundraising Fees $0
Other Salaries and Wages $236,340
22.6%
Assets/Debt
Total Assets $1,940,224
Total Liabilities $0
Net Assets $1,940,224
Compensation
Key Employees and Officers Compensation Related Other
David H Adams Md 1 2 (President) $0 $6,321,262 $51,061
Dennis Charney Md 1 2 (Vice President) $0 $2,239,387 $50,417
Stephen Harvey 1 (Treasurer) $0 $2,113,585 $77,093
Valentin Fuster Md 1 (Board Director) $0 $1,504,232 $63,161
Mark Kostegan Fahp 1 (Vice President For Development) $0 $1,141,594 $53,557
Jurgen A Friedrich (Chairman/Director) $0 $0 $0
Frederick Slagle (Secretary) $0 $0 $0
Frederick R Cummings Jr (Assistant Secretary) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,066,598
Expenses
$896,643
Net Income
$169,955
Net Assets
$1,507,146
Notable Sources of Revenue Percent of Total Revenue
Contributions $430,098
40.3%
Program Services $636,500
59.7%
Investment Income $0
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 $0
Professional Fundraising Fees $0
Other Salaries and Wages $195,515
21.8%
Assets/Debt
Total Assets $1,507,146
Total Liabilities $0
Net Assets $1,507,146
Compensation
Key Employees and Officers Compensation Related Other
David H Adams Md 1 2 (President) $0 $6,452,377 $47,872
Dennis Charney Md 1 2 (Vice President) $0 $2,147,365 $46,790
Mark Kostegan Fahp 1 (Vice President For Development) $0 $1,840,505 $49,837
Stephen Harvey 1 (Treasurer) $0 $1,403,564 $75,202
Valentin Fuster Md 1 (Board Director) $0 $1,312,780 $58,645
Jurgen A Friedrich (Chairman/Director) $0 $0 $0
Frederick Slagle (Secretary) $0 $0 $0
Frederick R Cummings Jr (Assistant Secretary) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$796,023
Expenses
$1,043,429
Net Income
-$247,406
Net Assets
$1,337,191
Notable Sources of Revenue Percent of Total Revenue
Contributions $775,873
97.5%
Program Services $20,150
2.5%
Investment Income $0
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 $0
Professional Fundraising Fees $0
Other Salaries and Wages $230,717
22.1%
Assets/Debt
Total Assets $1,337,191
Total Liabilities $0
Net Assets $1,337,191
Compensation
Key Employees and Officers Compensation Related Other
David H Adams Md 1 2 (President) $0 $5,954,057 $47,914
Dennis Charney Md 1 2 (Vice President) $0 $1,980,409 $46,960
Mark Kostegan Fahp 1 (Vice President For Development) $0 $1,350,311 $49,545
Valentin Fuster Md 1 (Board Director) $0 $1,273,933 $56,857
Stephen Harvey 1 (Treasurer) $0 $898,527 $80,310
Jurgen A Friedrich (Chairman/Director) $0 $0 $0
Frederick Slagle (Secretary) $0 $0 $0
Frederick R Cummings Jr (Assistant Secretary) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,241,689
Expenses
$1,078,094
Net Income
$1,163,595
Net Assets
$1,584,597
Notable Sources of Revenue Percent of Total Revenue
Contributions $2,239,389
99.9%
Program Services $2,300
0.1%
Investment Income $0
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 $0
Professional Fundraising Fees $0
Other Salaries and Wages $332,294
30.8%
Assets/Debt
Total Assets $1,584,597
Total Liabilities $0
Net Assets $1,584,597
Compensation
Key Employees and Officers Compensation Related Other
David H Adams Md 2 (President) $0 $5,966,720 $48,636
Dennis Charney Md2 (Vice President) $0 $2,091,860 $46,898
Valentin Fuster Md (Board Director) $0 $1,313,588 $53,781
Mark Kostegan Fahp (Vice President For Development) $0 $1,088,315 $49,433
Stephen Harvey (Treasurer) $0 $833,800 $79,993
Jurgen A Friedrich (Chairman/Director) $0 $0 $0
Frederick Slagle (Secretary) $0 $0 $0
Frederick R Cummings (Assistant Secretary) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$369,917
Expenses
$599,165
Net Income
-$229,248
Net Assets
$421,002
Notable Sources of Revenue Percent of Total Revenue
Contributions $324,157
87.6%
Program Services $45,760
12.4%
Investment Income $0
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 $0
Professional Fundraising Fees $0
Other Salaries and Wages $244,009
40.7%
Assets/Debt
Total Assets $421,002
Total Liabilities $0
Net Assets $421,002
Compensation
Key Employees and Officers Compensation Related Other
David H Adams Md 2 (President) $0 $5,968,784 $48,536
Dennis Charney Md2 (Vice President) $0 $2,075,769 $46,346
Valentin Fuster Md (Board Director) $0 $1,313,630 $53,739
Jurgen A Friedrich (Chairman/Director) $0 $0 $0
Frederick Slagle (Secretary) $0 $0 $0
Stephen Harvey (Treasurer) $0 $833,197 $77,381
Mark Kostegan Fahp (Vice President For Development) $0 $1,065,012 $48,881
Frederick R Cummings Jr (Assistant Secretary) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$769,206
Expenses
$478,798
Net Income
$290,408
Net Assets
$650,250
Notable Sources of Revenue Percent of Total Revenue
Contributions $722,565
93.9%
Program Services $46,641
6.1%
Investment Income $0
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 $0
Professional Fundraising Fees $0
Other Salaries and Wages $171,508
35.8%
Assets/Debt
Total Assets $650,250
Total Liabilities $0
Net Assets $650,250
Compensation
Key Employees and Officers Compensation Related Other
David H Adams Md 2 (President) $0 $5,963,035 $47,459
Dennis Charney Md2 (Vice President) $0 $2,305,996 $45,108
Valentin Fuster Md (Board Director) $0 $1,312,414 $53,001
Jurgen A Friedrich (Chairman/Director) $0 $0 $0
Frederick Slagle (Secretary) $0 $0 $0
Stephen Harvey (Treasurer) $0 $728,087 $71,705
Mark Kostegan Fahp (Vice President For Development) $0 $1,668,492 $49,648
Frederick R Cummings Jr (Assistant Secretary) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$636,052
Expenses
$530,082
Net Income
$105,970
Net Assets
$359,842
Notable Sources of Revenue Percent of Total Revenue
Contributions $615,902
96.8%
Program Services $20,150
3.2%
Investment Income $0
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 $0
Professional Fundraising Fees $0
Other Salaries and Wages $263,191
49.7%
Assets/Debt
Total Assets $359,842
Total Liabilities $0
Net Assets $359,842
Compensation
Key Employees and Officers Compensation Related Other
David H Adams Md 2 (President) $0 $5,959,026 $50,496
Dennis Charney Md2 (Vice President) $0 $1,799,682 $46,678
Jurgen A Friedrich (Chairman/Director) $0 $0 $0
Frederick Slagle (Secretary) $0 $0 $0
Valentin Fuster Md (Vice President) $0 $1,206,378 $55,096
Mark Kostegan Fahp (Vice President For Development) $0 $993,982 $49,159
Stephen Harvey (Treasurer) $0 $727,583 $70,805
Frederick R Cummings Jr (Assistant Secretary) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$186,603
Expenses
$953,225
Net Income
-$766,622
Net Assets
$253,872
Notable Sources of Revenue Percent of Total Revenue
Contributions $178,377
95.6%
Program Services $8,226
4.4%
Investment Income $0
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 $0
Professional Fundraising Fees $0
Other Salaries and Wages $238,616
25.0%
Assets/Debt
Total Assets $253,872
Total Liabilities $0
Net Assets $253,872
Compensation
Key Employees and Officers Compensation Related Other
David H Adams Md 2 (President) $0 $5,538,714 $49,442
Dennis Charney Md2 (Vice President) $0 $1,792,440 $45,727
Jurgen A Friedrich (Chairman/Director) $0 $0 $0
Frederick Slagle (Secretary) $0 $0 $0
Valentin Fuster Md (Vice President) $0 $1,167,467 $53,010
Mark Kostegan Fahp (Vice President For Development) $0 $990,809 $48,457
Stephen Harvey (Treasurer) $0 $656,580 $71,517
Frederick R Cummings Jr (Assistant Secretary) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$359,486
Expenses
$531,990
Net Income
-$172,504
Net Assets
$1,020,494
Notable Sources of Revenue Percent of Total Revenue
Contributions $255,058
71.0%
Program Services $104,428
29.0%
Investment Income $0
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 $0
Professional Fundraising Fees $0
Other Salaries and Wages $152,008
28.6%
Assets/Debt
Total Assets $1,020,494
Total Liabilities $0
Net Assets $1,020,494
Compensation
Key Employees and Officers Compensation Related Other
David H Adams Md12 (President) $0 $5,110,790 $46,064
Dennis Charney Md12 (Vice President) $0 $1,753,117 $43,405
Jurgen A Friedrich (Chairman/Director) $0 $0 $0
Richard Slagle (Secretary) $0 $0 $0
Valentin Fuster Md 1 (Vice President) $0 $1,215,377 $50,284
Mark Kostegan Fahp 1 (Vice President For Development) $0 $991,015 $45,277
Stephen Harvey 1 (Treasurer) $0 $711,964 $70,964
Frederick R Cummings Jr (Assistant Secretary) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$217,342
Expenses
$311,377
Net Income
-$94,035
Net Assets
$1,192,998
Notable Sources of Revenue Percent of Total Revenue
Contributions $167,542
77.1%
Program Services $49,800
22.9%
Investment Income $0
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 $0
Professional Fundraising Fees $0
Other Salaries and Wages $62,915
20.2%
Assets/Debt
Total Assets $1,192,998
Total Liabilities $0
Net Assets $1,192,998
Compensation
Key Employees and Officers Compensation Related Other
David Adams Md 12 (President) $0 $4,509,038 $45,540
Dennis Charney Md12 (Vice President) $0 $1,523,643 $44,090
Wayne Keathley 1 (Vice President) $0 $952,193 $8,779
Jurgen A Friedrich (Chairman/Director) $0 $0 $0
Richard Slagle (Secretary/Director) $0 $0 $0
Mark Kostegan Fahp 1 (Vice President For Development) $0 $1,387,191 $45,562
Stephen Harvey 1 (Treasurer) $0 $711,564 $71,721
Frederick R Cummings Jr (Assistant Secretary) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,906,816
Expenses
$300,656
Net Income
$1,606,160
Net Assets
$1,287,033
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,886,666
98.9%
Program Services $20,150
1.1%
Investment Income $0
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 $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,287,033
Total Liabilities $0
Net Assets $1,287,033

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$30,056
Expenses
$1,362,188
Net Income
-$1,332,132
Net Assets
-$319,127
Notable Sources of Revenue Percent of Total Revenue
Contributions $30,056
100%
Program Services $0
Investment Income $0
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 $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $0
Total Liabilities $319,127
Net Assets -$319,127

Document Links

Fiscal Year Ending Dec.
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 Dec.
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

About This Data

What Is 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.

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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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