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Nonprofiteer
← SOCIETY FOR CARDIOVASCULAR

Form 990 for tax year 2023

Filed by SOCIETY FOR CARDIOVASCULAR.

Totals

Total revenue
$3,209,900
Total expenses
$2,811,871
Contributions and grants received
$745,089
Grants paid
$10,000
Program service revenue
$2,402,413
Investment income
$62,398
Other revenue
$0
Total assets, end of year
$2,803,479
Total liabilities, end of year
$341,467
Net assets or fund balances, end of year
$2,462,012
Program services expenses (Part IX)
$1,919,614
Management and general expenses
$892,257
Fundraising expenses
$0
Program service expenses (Part III)
$1,919,614

Program services were 68.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1b · Membership dues

    $612,853

  • 1f · All other contributions, gifts and grants

    $132,236

  • 2a · Program service revenue: MEETINGS

    total $2,102,573 · related or exempt $2,102,573

  • 2b · Program service revenue: PUBLICATIONS

    total $112,041 · related or exempt $112,041

  • 2c · Program service revenue: RESEARCH AND EDUCATION

    total $84,238 · related or exempt $84,238

  • 2d · Program service revenue: ONLINE LEARNING

    total $61,960 · related or exempt $61,960

  • 2e · Program service revenue: CERTIFICATIONS

    total $38,250 · related or exempt $38,250

  • 2f · All other program service revenue

    total $3,351 · related or exempt $3,351

  • 3 · Investment income

    total $62,398 · excluded $62,398

Functional expenses

Part IX, the statement of functional expenses.

  • 3 · Grants to foreign organizations and individuals

    total $10,000 · program services $10,000

  • 11a · Fees: management

    total $627,179 · program services $181,979 · management and general $445,200

  • 11b · Fees: legal

    total $10,949 · management and general $10,949

  • 11c · Fees: accounting

    total $16,269 · management and general $16,269

  • 11g · Fees: other

    total $205,822 · program services $13,750 · management and general $192,072

  • 13 · Office expenses

    total $20,840 · program services $20,189 · management and general $651

  • 14 · Information technology

    total $117,666 · program services $114,341 · management and general $3,325

  • 17 · Travel

    total $894,923 · program services $820,098 · management and general $74,825

  • 19 · Conferences, conventions and meetings

    total $666,164 · program services $660,922 · management and general $5,242

  • 23 · Insurance

    total $11,025 · program services $7,650 · management and general $3,375

  • 24a · Other expenses: BANK AND CREDIT CARD FEES

    total $83,275 · management and general $83,275

  • 24b · Other expenses: JOURNAL EXPENSE

    total $58,561 · program services $58,561

  • 24c · Other expenses: ADVOCACY

    total $41,075 · management and general $41,075

  • 24d · Other expenses: PUBLIC RELATIONS

    total $19,549 · program services $19,549

  • 24e · All other expenses

    total $28,574 · program services $12,575 · management and general $15,999

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $2,241,127 · end of year $2,774,418

  • 4 · Accounts receivable

    beginning of year $73,964 · end of year $15,986

  • 9 · Prepaid expenses and deferred charges

    beginning of year $165,321 · end of year $13,075

  • 17 · Accounts payable and accrued expenses

    beginning of year $23,450 · end of year $58,643

  • 19 · Deferred revenue

    beginning of year $392,979 · end of year $282,824

  • 27 · Net assets without donor restrictions

    beginning of year $2,063,983 · end of year $2,462,012

Mission and programs · 2023

Mission

TO IMPROVE CARDIOVASCULAR HEALTH BY ADVANCING THE FIELD OF CMR THROUGH EDUCATION, ADVOCACY, NETWORKING, RESEARCH AND CLINICAL EXCELLENCE.

  • MEETINGS TO EDUCATE THE HEALTHCARE PROFESSION AND ADVANCE THE SPECIALTY. ATTENDANCE IS OPEN TO THE PUBLIC WITH A PAYMENT OF REGISTRATION FEE AND CONTINUING MEDICAL EDUCATION CREDITS ARE PROVIDED.

    Expenses $1,712,281 · Revenue $2,102,573

  • JOURNAL PUBLICATIONS AND OTHER: THE JOURNAL OF CARDIOVASCULAR MAGNETIC RESONANCE (JCMR) IS AN ONLINE PEER REVIEWED JOURNAL OF ARTICLES AND REVIEWS THAT DESCRIBE VARIOUS ASPECTS OF THIS SPECIALTY. THE JOURNAL IS AVAILABLE ONLINE TO THE PUBLIC AT NO COST.

    Expenses $95,783 · Grants $10,000 · Revenue $38,250

  • REGISTRY: THE SCMR REGISTRY WAS ESTABLISHED TO COLLECT AND ASSIMILATE INFORMATION ON THE INTERNATIONAL USE OF CMR WITH THE GOAL OF PROMOTING USE OF THIS NON-INVASIVE CARDIAC IMAGING TECHNOLOGY. THE INTENT OF THE REGISTRY INCLUDES BEING THE CENTRAL COLLECTIVE BODY OF EVIDENCE REFLECTING THE CURRENT CLINICAL APPLICATIONS IN PATIENT CARE, IDENTIFYING CHANGE IN PATIENT IMPACT FROM CMR OVER TIME AND ASSESSING THE IMPACT OF CMR ON DIAGNOSTIC AND THERAPEUTIC THINKING, RISK STRATIFICATION, AND EVEN COST- EFFECTIVENESS RELEVANT TO CURRENT PATIENT MANAGEMENT. THE SCMR REGISTRY IS DESIGNED TO WORK WITH LOCAL OR WEB-BASED CMR DATABASES IN ORDER TO COLLECT PREDEFINED ESSENTIAL ANONYMIZED VARIABLES THAT WILL CONTRIBUTE TO THE REGISTRY'S MISSION. CURRENTLY, CMR DATABASES SUCH AS REDCAP AND CMRCOOP CAN EASILY SHARE DATA WITH THE SCMR REGISTRY. OTHER DATABASES, SUCH AS LOCALLY DESIGNED PROGRAMS, MAY REQUIRE SCRIPTS CREATED BY THE REGISTRY TEAM IN ORDER TO ALLOW FOR SEAMLESS DATA SHARING.

    Expenses $13,750

  • MEMBERSHIP BENEFITS INCLUDE DISCOUNTS FOR MEETING ATTENDANCE, ARTICLE SUBMISSIONS AND OTHER COURSES AND EDUCATIONAL OPPORTUNITIES.

    Expenses $97,800 · Revenue $874,443

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Karen Ordovas MD Mas Fscmr

    PAST PRESIDE

    Total calculated
    $0
    Hours/week
    1
  • Michael Markl PhD Fscmr

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1
  • Carlos Rochitte MD PhD Fscmr

    VICE PRESIDE

    Total calculated
    $0
    Hours/week
    1
  • Vanessa Ferreira MD PhD Fscmr

    SECRETARY-TR

    Total calculated
    $0
    Hours/week
    1
  • Lars Grose-Wortmann MD Fscmr

    VICE SEC/TRE

    Total calculated
    $0
    Hours/week
    1
  • Lauren Baldassarre MD Fscmr

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Jeremy Collins MD

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Hildo Lamb MD PhD

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Steve Leung MD Fscmr

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Tim Leiner

    BOARD MEMBER

    Total calculated
    $64,269
    From this org
    $64,269
    From related orgs
    $0
    Other
    $0
    Hours/week
    1
  • Charlotte Manisty MD PhD

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Rebecca Mills Bsc

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • James Moon MD

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Vineeta Ojha MD Fscmr

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Martin Ugander MD PhD

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Daniel Kim PhD Fscmr

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Deborah Kwon MD Fscmr

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Claudia Prieto PhD

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Francesca Raimondi MD

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Dipan Shah MD

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Sue O'Sullivan

    MANAGING DIR

    Total calculated
    $0
    Hours/week
    1
  • Sophie Squarta

    EXECUTIVE DI

    Total calculated
    $0
    Hours/week
    1
  • Chiara Bucciarelli-Ducci

    CEO

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2023
Filed
17 January 2025
IRS schema version
2023v6.0
Source object
202500359349301965

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