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Boston Children's Heart Foundation Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 042790699 ✦ Boston, MA ✦ Designated as a 501(c)(3)

Overview

What is Boston Children's Heart Foundation Inc?

Boston Children's Heart Foundation Inc is a nonprofit organization based in Boston, Massachusetts, specifically located at 300 Longwood Avenue PAV 2. Their primary focus is on delivering cardiology services to patients at Boston Children's Hospital and satellite locations. They charge for their services but ensure that any net income is dedicated to their charitable, scientific, and educational objectives. The Foundation offers care for patients irrespective of their ability to pay and provides essential hospital and community-based services not readily available elsewhere. Their mission encompasses conducting medical research, education, and evaluation services in the field of cardiology, as well as providing care for patients in financial need. The Foundation employs a team of 86 individuals.


Is Boston Children's Heart Foundation Inc legitimate?

Boston Children's Heart Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Boston Children's Heart Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $7,786,357
Professional Fundraising Fees: $0
Other Salaries and Wages: $34,328,722

For more financial information, click here


What is the mission statement of Boston Children's Heart Foundation Inc?
Who is the CEO of Boston Children's Heart Foundation Inc?
What is the revenue of Boston Children's Heart Foundation Inc?
Who are the executives of Boston Children's Heart Foundation Inc and what are their salaries?

The average compensation at Boston Children's Heart Foundation Inc during 2022 was $489,710. There are 86 employees at Boston Children's Heart Foundation Inc.

Here are 21 key members and their salaries:


Where can I find the form 990 for Boston Children's Heart Foundation Inc?

Mission Statement of Boston Children's Heart Foundation Inc

Boston Children's Heart Foundation Inc is a charitable organization dedicated to delivering comprehensive cardiology services, conducting medical research, and offering educational opportunities in the realm of pediatric cardiology. This Foundation prioritizes its efforts towards serving patients at Boston Children's Hospital and its satellite locations.

The core mission of Boston Children's Heart Foundation Inc is threefold. Firstly, it provides essential cardiology services to a vast array of patients. These services extend beyond just those who can afford them, as the Foundation also offers care to individuals in financial need. Secondly, the Foundation contributes significantly to advancing medical knowledge through basic and applied research in the field of cardiology. It fulfills this commitment by educating students and other scientific personnel. Lastly, Boston Children's Heart Foundation Inc is dedicated to making a difference in the lives of its patients by providing community-based services.

Boston Children's Heart Foundation Inc's unwavering commitment to cardiology services is evidenced by its extensive work at Boston Children's Hospital and its satellite locations. The Foundation goes beyond merely treating patients; it also extends a helping hand to those who require financial assistance to access its expert care. Furthermore, its dedication to medical research and education is reflected in the numerous students and medical professionals it trains and educates in the field of cardiology. By providing a spectrum of services, from cutting-edge medical care to research and education, Boston Children's Heart Foundation Inc continues to make a positive impact on the lives of countless children and their families.

Impact

This information is meant to be a general summary of Boston Children's Heart Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

Boston Children's Heart Foundation Inc has a significant impact on the community by providing a wide range of evaluation services for patients with heart diseases, conducting medical research, and offering educational services to Boston Children's Hospital and Harvard Medical School. The Foundation ensures that patients in need of cardiology services receive care, regardless of their ability to pay. Additionally, the Foundation provides community-based services that may be unavailable elsewhere, contributing to the overall health and well-being of individuals in the Boston area.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $63,659
  • Program Service Revenue: $67,376,526
  • Gross Receipts: $70,199,923

    • Assets and Liabilities:
  • Total Assets: $119,898,157
  • Total Liabilities: $20,262,709
  • Net Assets: $99,635,448
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    Net Patient Service Revenue

    Revenue

    $61,019,744

    Clinical and other revenue

    Revenue

    $2,914,020

    Research Revenue

    Revenue

    $2,631,430

    Admin, Supervision, & Teaching

    Revenue

    $811,332

    Organization Details

    Founding Year

    1983

    Principal Officer

    Tal Geva Md

    Main Address

    300 Longwood Avenue PAV 2, Boston, MA, 02115

    NTEE Category

    Code: G43 - Disease

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