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Minneapolis Heart Institute Foundation

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

EIN: 411426406 ✦ Minneapolis, MN ✦ Designated as a 501(c)(3)

Overview

What is Minneapolis Heart Institute Foundation?

The Minneapolis Heart Institute Foundation, based in Minneapolis, Minnesota, is a distinguished nonprofit organization with a 41-year history of world-class cardiovascular research and education. In 2022, the foundation enrolled over 350 new patients and managed more than 220 ongoing studies in various cardiovascular medicine fields. With a team dedicated to saving lives, they have achieved record-breaking results, including over 500 publications, abstracts, presentations, and talks shared at international conferences. Their research spans across all practice areas of cardiovascular medicine and care. In 2022, they welcomed new physician partners at United Hospital, expanding their reach and impact on patient care. The foundation's mission is to enhance cardiovascular health for individuals and communities through innovative research and education. They earned top enroller recognition in several clinical research trials and named the Van Tassel Innovation Center to fund MHIF-designed research studies. The organization also formed new community relationships to contribute to health equity and access to care. With a staff of 124 employees, the Minneapolis Heart Institute Foundation continues its commitment to advancing cardiovascular health through groundbreaking research and education.


Official website here: www.mplsheart.org

Is Minneapolis Heart Institute Foundation legitimate?

Minneapolis Heart Institute Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Minneapolis Heart Institute Foundation 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: $1,474,190
Professional Fundraising Fees: $15,702
Other Salaries and Wages: $6,934,492

For more financial information, click here


Official website here: www.mplsheart.org

What is the mission statement of Minneapolis Heart Institute Foundation?

The Minneapolis Heart Institute Foundation is dedicated to enhancing cardiovascular health for individuals and communities through innovative research and education. With a history spanning over four decades, the foundation has made significant strides in the field of cardiovascular medicine, impacting patient care on a global scale. In the year 2022 alone, the foundation welcomed over 350 new research participants and conducted over 220 studies across various areas of cardiovascular health. The team achieved an impressive milestone with over 500 publications, abstracts, podium presentations, and invited talks at international conferences, disseminating valuable insights from their research. The foundation's efforts extend to all facets of cardiovascular medicine and care, resulting in numerous accomplishments such as forming new partnerships to promote health equity and access to care.


Official website here: www.mplsheart.org

Who is the CEO of Minneapolis Heart Institute Foundation?

Charles Zaugg is the Secretary of Minneapolis Heart Institute Foundation. The CEO's salary of Minneapolis Heart Institute Foundation is $446,698 and their total compensation is $615,660.


Official website here: www.mplsheart.org

What is the revenue of Minneapolis Heart Institute Foundation?

Minneapolis Heart Institute Foundation's revenue in 2022 was $23,655,940.


Official website here: www.mplsheart.org

Who are the executives of Minneapolis Heart Institute Foundation and what are their salaries?

The average compensation at Minneapolis Heart Institute Foundation during 2022 was $67,812. There are 124 employees and 1,737 volunteers at Minneapolis Heart Institute Foundation.

Here are 46 key members and their salaries (Minneapolis Heart Institute Foundation's CEO's salary is $446,698 and their total compensation is $615,660):

    Kristine Fortman (Chief Executive Officer)
  • Compensation: $446,698
  • Related: $0
  • Other: $168,962

    • Jesse Hicks (Vice President-Advancement)
  • Compensation: $230,941
  • Related: $0
  • Other: $84,083

    • Charles Zaugg (Chief Financial Officer)
  • Compensation: $188,804
  • Related: $0
  • Other: $73,253

    • Lisa Tindell (Vice President - Research)
  • Compensation: $178,772
  • Related: $0
  • Other: $77,503

    • Janet Dick (Chief Talent And Strategy)
  • Compensation: $181,875
  • Related: $0
  • Other: $58,629

    • Tamara O'Black (Senior Director, Quality)
  • Compensation: $180,495
  • Related: $0
  • Other: $59,469

    • Ross Garberich (Director Of Scientific)
  • Compensation: $175,035
  • Related: $0
  • Other: $59,574

    • Kristin Lambrecht (Program Director - Valve Science Center)
  • Compensation: $185,578
  • Related: $0
  • Other: $44,389

    • Bavana Rangan (Program Director - Ccad)
  • Compensation: $171,840
  • Related: $0
  • Other: $28,477

    • Larissa Stanberry (Program Director - Iir & Data Science)
  • Compensation: $159,923
  • Related: $0
  • Other: $29,366

    • Raymond Yu Edd (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jeffrey Steinle (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Thomas Gunderson (Past Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Greg Graves (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jason Alexander Md (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lee Arostegui (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ben Bache-Wiig Md (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mosi Bennett Md (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Craig Bentdahl (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kristen Bowlds (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Conley Brooks Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Juleen Christopher (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sara Criger (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Larry Getlin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sharon Hawkins (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Hurrell Md (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Carol Huttner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jerry Johnson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • William Katsiyiannis Md (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jim King (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ginny Kirby (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Patrice Kloss (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Richard Meyer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lori Milbrandt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Marc Newell Md (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Hugh Nierengarten Jd (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Peterson Md (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Cheri Rolnick Phd (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Retu Saxena Md (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Scott Sharkey Md (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Benjamin Sun Md (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jay Traverse Md (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ariel Johnson Phd (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bobby Steffen Md (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bree Williamson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joseph Schwartz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.mplsheart.org

    Where can I find the form 990 for Minneapolis Heart Institute Foundation?

    The Minneapolis Heart Institute Foundation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.mplsheart.org

    Learn more at the official website: www.mplsheart.org

    Mission Statement of Minneapolis Heart Institute Foundation

    The Minneapolis Heart Institute Foundation, a pioneering organization in cardiovascular health research and education, strives to enhance the wellbeing of individuals and communities by pushing the boundaries of innovative discoveries. With a rich history spanning over four decades, the Foundation has proven its impact on the global standard of care for patients. In the year 2022 alone, they welcomed over 350 new patients and managed more than 220 ongoing studies across various aspects of cardiovascular medicine.

    The Minneapolis Heart Institute Foundation's mission shines through in its relentless pursuit of knowledge, as they successfully enrolled a record-breaking number of new patients in research studies. These initiatives offer invaluable hope and opportunities to patients who may not have other viable options. The team's achievements extended beyond the walls of the research lab, with over 500 publications, abstracts, podium presentations, and invited talks shared at international conferences. These learning experiences served to further advance the field of cardiovascular medicine.

    Beyond the impressive statistics, the Minneapolis Heart Institute Foundation research covers a wide range of practice areas within cardiovascular medicine and care. Some notable accomplishments from 2022 include earning top enroller recognition in several clinical research trials for new technologies, expanding research to United Hospital, and forming new community relationships to foster change surrounding health equity and access to care.

    The Foundation's efforts to improve cardiovascular health go beyond the lab, with the launch of a new suite of digital applications that received over 34,000 downloads, sharing research learnings with physicians worldwide. Additionally, they received significant philanthropic support, including a transformational gift to name the Joseph F. Novogratz Family Heart Rhythm Center. All these initiatives demonstrate the Minneapolis Heart Institute Foundation's unwavering commitment to transforming lives through groundbreaking research and education.

    Impact

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




    Thursday, August 15, 2024

    Minneapolis Heart Institute Foundation's impact in 2022 was significant and far-reaching. By enrolling over 350 new patients in research studies, they provided hope and treatment options to individuals facing cardiovascular health challenges. Through their world-class cardiovascular research and education initiatives, MHIF produced a record high of over 500 publications, abstracts, podium presentations, and invited talks at international conferences. Their research efforts covered all areas of cardiovascular medicine, contributing to advancements in patient care worldwide.

    In addition, MHIF facilitated over 3,000 visits with patients engaged in research studies, demonstrating their commitment to improving healthcare outcomes through innovation. The organization's dedication to excellence was recognized as they earned top enroller status in multiple clinical research trials for new technologies. Through partnerships with United Hospital and expanded research programs, MHIF extended its reach to more patients, increasing access to cutting-edge treatments and options.

    Furthermore, their philanthropic support, amounting to $25 million in 2022, including a significant gift to name the Joseph F. Novogratz Family Heart Rhythm Center, underscored the community's trust and investment in MHIF's mission. The foundation's focus on health equity and access to care was evident in their efforts to form new relationships in the community to drive positive change in these areas.

    Overall, Minneapolis Heart Institute Foundation's dedication to cardiovascular research and education has had a tangible impact on improving the standard of care for patients globally, making a difference in the lives of individuals and communities.





    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: $1,730,486
  • Program Service Revenue: $5,409,134
  • Gross Receipts: $27,018,830

    • Assets and Liabilities:
  • Total Assets: $71,060,713
  • Total Liabilities: $14,935,609
  • Net Assets: $56,125,104
  • Programs

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

    RESEARCH STUDY REVENUE

    Revenue

    $4,998,558

    MISC PROGRAM REVENUE

    Revenue

    $410,576

    Organization Details

    Founding Year

    1982

    Principal Officer

    Charles Zaugg

    Main Address

    920 E 28TH STREET 100, MINNEAPOLIS, MN, 554071191

    NTEE Category

    Code: H43Z - Medical research

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