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Nonprofiteer
← ALASKA CARDIOVASCULAR RESEARCH FOUNDATION INC

Form 990 for tax year 2025

Filed by ALASKA CARDIOVASCULAR RESEARCH FOUNDATION INC.

Totals

Total revenue
$115,957
Total expenses
$158,638
Contributions and grants received
$12,125
Grants paid
$0
Program service revenue
$103,832
Investment income
$0
Other revenue
$0
Total assets, end of year
$168,535
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$168,535
Program services expenses (Part IX)
$153,188
Management and general expenses
$5,450
Fundraising expenses
$0
Program service expenses (Part III)
$153,188

Program services were 96.6% 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

    $12,125

  • 2a · Program service revenue: RESEARCH/CLINICAL STUD

    total $103,832 · related or exempt $103,832

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $44,160 · program services $44,160

  • 11c · Fees: accounting

    total $3,153 · management and general $3,153

  • 13 · Office expenses

    total $80 · program services $80

  • 17 · Travel

    total $1,750 · program services $1,750

  • 23 · Insurance

    total $2,297 · management and general $2,297

  • 24a · Other expenses: HEART INSTITUTE SERVICE

    total $103,168 · program services $103,168

  • 24b · Other expenses: PATIENT STIPEND

    total $4,030 · program services $4,030

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $211,216 · end of year $168,535

  • 10a · Land, buildings and equipment: cost or other basis

    $909

  • 10b · Land, buildings and equipment: accumulated depreciation

    $909

  • 10c · Land, buildings and equipment, net

    beginning of year $0 · end of year $0

  • 29 · Capital stock, trust principal or current funds

    beginning of year $0 · end of year $0

  • 30 · Paid-in or capital surplus, or land, building or equipment fund

    beginning of year $0 · end of year $0

  • 31 · Retained earnings, endowment or other funds

    beginning of year $211,216 · end of year $168,535

Mission and programs · 2025

Mission

TO PROVIDE EDUCATION, TRAINING, AND EQUIPMENT TO IMPROVE HEALTH CARE SERVICES IN THE STATE OF ALASKA.

  • ASSIST PHYSICIANS, HOSPITALS, SCIENTISTS, AND OTHERS TO LOCATE AND SECURE RESEARCH OPPORTUNITIES; TO ASSIST WITH EDUCATIONAL OPPORTUNITIES; TO PARTICIPATE IN STUDIES IN ORDER TO PROVIDE THE OPPORTUNITY FOR USE OF NEW MEDICATIONS AND DEVICES; AND TO IMPROVE HEALTH CARE SERVICES.

    Expenses $153,188 · Revenue $103,832

As filed on the 2025 return.

Listed in Part VII

  • Tom Nighswander MD

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1
  • Paul Peterson MD

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    1
  • Mark Wilcox MD

    SECRETARY / TREASURER

    Total calculated
    $0
    Hours/week
    2
  • Steve Compton MD

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Jacob Kelly MD

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2
  • Kristin George

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Katherine Kelly

    EXECUTIVE DIRECTOR

    Total calculated
    $44,160
    From this org
    $44,160
    From related orgs
    $0
    Other
    $0
    Hours/week
    12

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
2025
Filed
31 July 2026
IRS schema version
2025v4.2
Source object
202612469349301171

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