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← HEART VALVE SOCIETY

Form 990 for tax year 2024

Filed by HEART VALVE SOCIETY.

Totals

Total revenue
$592,971
Total expenses
$726,543
Contributions and grants received
$260,448
Grants paid
$3,750
Program service revenue
$330,360
Investment income
$2,163
Other revenue
$0
Total assets, end of year
$339,514
Total liabilities, end of year
$122,009
Net assets or fund balances, end of year
$217,505
Program services expenses (Part IX)
$619,674
Management and general expenses
$105,504
Fundraising expenses
$1,365
Program service expenses (Part III)
$619,674

Program services were 85.3% 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.

  • 1f · All other contributions, gifts and grants

    $260,448

  • 2a · Program service revenue: ANNUAL SCIENTIFIC CONF

    total $273,305 · related or exempt $273,305

  • 2b · Program service revenue: MEMBERSHIP DUES

    total $47,055 · related or exempt $47,055

  • 2c · Program service revenue: PUBLICATIONS

    total $10,000 · related or exempt $10,000

  • 3 · Investment income

    total $2,163 · excluded $2,163

Functional expenses

Part IX, the statement of functional expenses.

  • 2 · Grants to domestic individuals

    total $3,750 · program services $3,750

  • 5 · Compensation of officers, directors and key employees

    total $25,000 · program services $25,000

  • 11a · Fees: management

    total $140,956 · program services $58,156 · management and general $82,800

  • 11c · Fees: accounting

    total $12,180 · management and general $12,180

  • 13 · Office expenses

    total $7,836 · management and general $7,836

  • 14 · Information technology

    total $1,438 · management and general $1,438

  • 19 · Conferences, conventions and meetings

    total $279,294 · program services $279,294

  • 23 · Insurance

    total $1,250 · management and general $1,250

  • 24a · Other expenses: AVIATOR PROJECT

    total $114,211 · program services $114,211

  • 24b · Other expenses: MITAL VRN

    total $108,491 · program services $108,491

  • 24c · Other expenses: OFFICERS AND COMMITTEES

    total $25,386 · program services $25,386

  • 24d · Other expenses: PUBLICATION

    total $5,386 · program services $5,386

  • 24e · All other expenses

    total $1,365 · fundraising $1,365

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $327,149 · end of year $84,304

  • 2 · Savings and temporary cash investments

    beginning of year $100,078 · end of year $50,105

  • 4 · Accounts receivable

    beginning of year $18,464 · end of year $112,267

  • 9 · Prepaid expenses and deferred charges

    beginning of year $3,183 · end of year $40,701

  • 11 · Investments: publicly traded securities

    end of year $52,137

  • 17 · Accounts payable and accrued expenses

    beginning of year $9,273 · end of year $93,279

  • 19 · Deferred revenue

    beginning of year $87,345 · end of year $28,730

  • 27 · Net assets without donor restrictions

    beginning of year $210,152 · end of year $95,586

  • 28 · Net assets with donor restrictions

    beginning of year $142,104 · end of year $121,919

Mission and programs · 2024

Mission

TO ADVANCE DEVELOPMENT, RECOGNITION, AND KNOWLEDGE IN THE AREA OF HEART VALVE DISEASES.

  • ANNUAL SCIENTIFIC CONFERENCE - THE SOCIETY PROVIDES A FORUM TO ADVANCE DEVELOPMENT, RECOGNITION, AND KNOWLEDGE IN THE AREA OF HEART VALVE DISEASES.

    Expenses $339,450 · Grants $2,000 · Revenue $273,305

  • AVIATOR PROJECT - DEVELOPMENT OF A HEART VALVE SURGICAL REGISTRY FOR THE SCIENTIFIC EVALUATION OF HEART VALVE SURGICAL OUTCOME.

    Expenses $114,211

  • MITAL VRN - AN INTERNATIONAL COLLABORATION OF PHYSICANS AND SCIENTISTS INTERESTED IN ADVANCING KNOWLEDGE OF MITRAL AND TRICUSPID VALVE DISEASE.

    Expenses $108,491

  • BORER POSTER AWARD; COMMITTEES - THE SOCIETY ASSEMBLES COMMITTEES AND NETWORKS TO HELP ORGANIZE AND OPERATE VARIOUS FUNCTIONS OF THE SOCIETY; PUBLICATION - JOURNAL SUBSCRIPTIONS FOR MEMBERS

    Expenses $57,522 · Grants $1,750 · Revenue $10,000

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Philippe Pibarot DVM

    DIRECTOR - RESEARCH

    Total calculated
    $25,000
    From this org
    $25,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    2
  • Ismail El-Hammamsy MD PhD

    PRESIDENT

    Total calculated
    $0
    Hours/week
    2
  • Samir Kapadia

    PRESIDENT-ELECT

    Total calculated
    $0
    Hours/week
    2
  • Jordan Miller PhD

    SECRETARY-TREASURER

    Total calculated
    $0
    Hours/week
    2
  • Carlijn Vc Bouten PhD

    IMMEDIATE PAST PRESIDENT

    Total calculated
    $0
    Hours/week
    2
  • Marta Sitges

    PAST PRESIDENT

    Total calculated
    $0
    Hours/week
    2
  • Yolanda Kluin MD

    DIRECTOR - SURGEON

    Total calculated
    $0
    Hours/week
    2
  • Jessica Forcillo

    DIRECTOR - SURGEON

    Total calculated
    $0
    Hours/week
    2
  • Juan Umana MD

    DIRECTOR - SURGEON

    Total calculated
    $0
    Hours/week
    2
  • Joy Lincoln PhD

    DIRECTOR - RESEARCH

    Total calculated
    $0
    Hours/week
    2
  • Elaine Tseng MD

    DIRECTOR - RESEARCH

    Total calculated
    $0
    Hours/week
    2
  • Hector Michelena MD

    DIRECTOR - CARDIOLOGIST

    Total calculated
    $0
    Hours/week
    2
  • Madalina Garbi MD

    DIRECTOR - CARDIOLOGIST

    Total calculated
    $0
    Hours/week
    2
  • Ralph Stephan Von Bardeleben MD

    DIRECTOR - CARDIOLOGIST

    Total calculated
    $0
    Hours/week
    2
  • Paul Sorajja

    DIRECTOR - CARDIOLOGIST

    Total calculated
    $0
    Hours/week
    2
  • Kevin Veen

    VRN COORDINATOR

    Total calculated
    $0
    Hours/week
    2
  • Victory Dayan

    LATIN AMERICA DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Jane Grande-Allen

    SENIOR ADVISOR

    Total calculated
    $0
    Hours/week
    2
  • Emmanuel Lansac MD PhD

    SENIOR ADVISOR

    Total calculated
    $0
    Hours/week
    2
  • Jose Pomar MD PhD

    SENIOR ADVISOR

    Total calculated
    $0
    Hours/week
    2
  • Hanneke Takkenberg MD PhD

    SENIOR ADVISOR

    Total calculated
    $0
    Hours/week
    2
  • Vinod Thourani MD

    SENIOR ADVISOR

    Total calculated
    $0
    Hours/week
    2

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
2024
Filed
12 November 2025
IRS schema version
2024v5.2
Source object
202543189349302464

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