Totals
- Total revenue
- $19,305,479
- Total expenses
- $21,516,749
- Contributions and grants received
- $1,743,391
- Grants paid
- $275,271
- Program service revenue
- $16,029,721
- Investment income
- $440,999
- Other revenue
- $1,091,368
- Total assets, end of year
- $14,695,578
- Total liabilities, end of year
- $5,523,898
- Net assets or fund balances, end of year
- $9,171,680
- Program services expenses (Part IX)
- $16,265,396
- Management and general expenses
- $3,994,883
- Fundraising expenses
- $1,256,470
- Program service expenses (Part III)
- $16,265,396
Program services were 75.6% 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
$1,743,391
-
2a · Program service revenue: REGISTRATION FEES
total $5,206,602 · related or exempt $5,206,602
-
2b · Program service revenue: ANNUAL MEETINGS EXHIBI
total $3,720,100 · excluded $3,720,100
-
2c · Program service revenue: GRANTS AND SPONSORSHIP
total $3,679,258 · related or exempt $3,679,258
-
2d · Program service revenue: MEMBERSHIP DUES
total $2,432,324 · related or exempt $2,432,324
-
2e · Program service revenue: DIGITAL PRODUCT SALES
total $654,322 · related or exempt $654,322
-
2f · All other program service revenue
total $337,115 · related or exempt $310,115 · unrelated business $27,000
-
3 · Investment income
total $394,179 · excluded $394,179
-
5 · Royalties
total $1,080,627 · excluded $1,080,627
-
7a · Gross sales of assets other than inventory
securities $1,043,538
-
7b · Less cost or other basis and sales expenses
securities $996,718
-
7c · Gain or loss
securities $46,820
-
7d · Net gain or loss
total $46,820 · excluded $46,820
-
11a · Other revenue: IBHRE LMS FEE
total $10,741 · excluded $10,741
-
11e · Other revenue, total
$10,741
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $242,271 · program services $242,271
-
2 · Grants to domestic individuals
total $24,500 · program services $24,500
-
3 · Grants to foreign organizations and individuals
total $8,500 · program services $8,500
-
5 · Compensation of officers, directors and key employees
total $2,042,994 · program services $1,017,212 · management and general $818,233 · fundraising $207,549
-
7 · Other salaries and wages
total $5,399,677 · program services $3,903,297 · management and general $977,937 · fundraising $518,443
-
8 · Pension plan contributions
total $504,285 · program services $384,797 · management and general $55,991 · fundraising $63,497
-
9 · Other employee benefits
total $427,543 · program services $306,016 · management and general $76,354 · fundraising $45,173
-
10 · Payroll taxes
total $470,767 · program services $315,340 · management and general $108,479 · fundraising $46,948
-
11a · Fees: management
total $1,284,481 · program services $1,244,087 · management and general $3,764 · fundraising $36,630
-
11b · Fees: legal
total $49,697 · program services $19,218 · management and general $5,283 · fundraising $25,196
-
11c · Fees: accounting
total $93,629 · management and general $93,629
-
11f · Fees: investment management
total $26,611 · management and general $26,611
-
11g · Fees: other
total $2,551,269 · program services $2,350,608 · management and general $163,628 · fundraising $37,033
-
12 · Advertising and promotion
total $183,679 · program services $176,124 · management and general $983 · fundraising $6,572
-
13 · Office expenses
total $698,550 · program services $594,620 · management and general $41,976 · fundraising $61,954
-
14 · Information technology
total $1,482,696 · program services $1,263,339 · management and general $141,082 · fundraising $78,275
-
16 · Occupancy
total $344,991 · program services $217,550 · management and general $94,658 · fundraising $32,783
-
17 · Travel
total $812,492 · program services $629,610 · management and general $140,246 · fundraising $42,636
-
19 · Conferences, conventions and meetings
total $3,414,783 · program services $3,358,563 · management and general $53,498 · fundraising $2,722
-
20 · Interest
total $2,660 · management and general $2,660
-
22 · Depreciation, depletion and amortization
total $142,594 · program services $89,473 · management and general $39,686 · fundraising $13,435
-
24a · Other expenses: LOSS ON LEASE TERMINATI
total $1,097,778 · management and general $1,097,778
-
24b · Other expenses: SUBSCRIPTIONS
total $74,966 · program services $50,942 · management and general $14,038 · fundraising $9,986
-
24c · Other expenses: TRAINING AND DEVELOPMEN
total $53,244 · program services $17,317 · management and general $28,492 · fundraising $7,435
-
24d · Other expenses: TEMPORARY LABOR
total $19,629 · program services $19,629
-
24e · All other expenses
total $62,463 · program services $32,383 · management and general $9,877 · fundraising $20,203
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $0 · end of year $0
-
2 · Savings and temporary cash investments
beginning of year $2,279,265 · end of year $1,478,863
-
3 · Pledges and grants receivable
beginning of year $84,500 · end of year $98,000
-
4 · Accounts receivable
beginning of year $100,531 · end of year $210,687
-
9 · Prepaid expenses and deferred charges
beginning of year $998,241 · end of year $675,703
-
10a · Land, buildings and equipment: cost or other basis
$2,259,101
-
10b · Land, buildings and equipment: accumulated depreciation
$1,925,103
-
10c · Land, buildings and equipment, net
beginning of year $548,783 · end of year $333,998
-
11 · Investments: publicly traded securities
beginning of year $10,602,877 · end of year $11,887,405
-
12 · Investments: other securities
beginning of year $30 · end of year $30
-
15 · Other assets
beginning of year $90,282 · end of year $10,892
-
17 · Accounts payable and accrued expenses
beginning of year $1,793,527 · end of year $2,552,568
-
19 · Deferred revenue
beginning of year $1,475,468 · end of year $1,336,033
-
24 · Unsecured notes and loans payable
beginning of year $0 · end of year $1,500,000
-
25 · Other liabilities
beginning of year $930,271 · end of year $135,297
-
27 · Net assets without donor restrictions
beginning of year $8,302,769 · end of year $6,820,699
-
28 · Net assets with donor restrictions
beginning of year $2,202,474 · end of year $2,350,981
Mission and programs · 2022
Mission
TO IMPROVE THE CARE OF PATIENTS BY PROMOTING EDUCATION, RESEARCH AND OPTIMAL HEALTH CARE POLICIES AND STANDARDS. VISION: TO END DEATH AND SUFFERING DUE TO HEART RHYTHM DISORDERS.
-
MEETINGS:HRS2023 IS THE SOCIETY'S ANNUAL MEETING, CONVENING THE WORLD'S MOST NOTED EXPERTS IN CARDIAC RHYTHM MANAGEMENT. THE 3-DAY EDUCATIONAL HYBRID EVENT HAS AN ATTENDANCE OF APPROXIMATELY 6,000 FROM 68 COUNTRIES AND OFFERS OVER 250 EDUCATIONAL SESSIONS COVERING TOPICS SUCH AS PACING, DEFIBRILLATION, CLINICAL ARRHYTHMIA MANAGEMENT, ABLATION, PHARMACOLOGY, GENETICS, BASIC SCIENCE, AND HEALTH POLICY. PARTICIPANTS ALSO BENEFIT FROM EXPERIENCES WITH STATE-OF-THE-ART TECHNOLOGY IN AN EXHIBIT HALL FEATURING OVER 100 COMPANIES. THE ROBUST HYBRID MODEL WAS MAINTAINED TO ENHANCE THE EXPERIENCE, WITH 9% OF THE AUDIENCE CHOOSING AN EXCLUSIVE DIGITAL EXPERIENCE. HRX IS THE SOCIETY'S GROUNDBREAKING CARDIOVASCULAR INNOVATION EVENT THAT DRAWS AN INTERNATIONAL AUDIENCE OF HEALTH CARE PROFESSIONALS FOCUSED ON CARDIOVASCULAR HEALTH AND RHYTHM MANAGEMENT EMPHASIZING INNOVATIONS IN CARDIOLOGY. THIS SECOND TERM ANNUAL EVENT FEATURED 15+ CHAMPIONS DISPLAYING THEIR BREAKTHROUGH PRODUCTS TO OUR AUDIENCE OF PHYSICIANS AND ALLIED HEALTH PROFESSIONALS. THE UNIQUE ALL-IN-ONE ROOM LAYOUT ALLOWED THE ATTENDEES AND SPONSORS TO INTERACT THROUGHOUT THE 3-DAY NON-ACE EVENT.
Expenses $5,823,021 · Grants $58,761 · Revenue $10,552,965
-
MARKETING, COMMUNICATIONS & MEMBERSHIP: THE SOCIETY REPRESENTS OVER 7,500 HEART RHYTHM PROFESSIONALS IN MORE THAN 90 COUNTRIES. IT FACILITATES PEER TO PEER EDUCATION, ELEVATES SCIENCE WITHIN THE FIELD OF ELECTROPHYSIOLOGY, AND RAISES AWARENESS OF HEART RHYTHM DISORDERS, INCLUDING SUDDEN CARDIAC ARREST, ATRIAL FIBRILLATION AND HEART FAILURE. HEART RHYTHM, HEART RHYTHM CASE REPORTS, CARDIOVASCULAR DIGITAL HEALTH JOURNAL AND HEART RHYTHM O2 ARE THE OFFICIAL PUBLICATIONS OF THE SOCIETY. HRSONLINE.ORG, HEARTRHYTHM.COM, CARDIQ.ORG, UPBEAT.ORG, HEARTRHYTHM365.ORG, AND EXPERIENCEHRX.ORG ARE THE OFFICIAL WEBSITES OF THE SOCIETY
Expenses $4,093,938 · Grants $3,500 · Revenue $2,436,888
-
EDUCATION:THE HEART RHYTHM SOCIETY PROVIDES LEARNING EXPERIENCES FOR HEART RHYTHM PROFESSIONALS BASED ON CLINICAL PRACTICE DATA, RESULTING IN IMPROVED PROFESSIONAL COMPETENCE, CLINICAL PRACTICE, AND CARE OF PATIENTS WITH HEART RHYTHM DISORDERS. IN THIS EFFORT, THE SOCIETY USES INNOVATIVE TEACHING METHODS AND ADVANCED TECHNOLOGIES TO PROVIDE SUPERIOR YEAR-ROUND EDUCATION INCLUDING LIVE COURSES AND DISTANCE LEARNING. THE SOCIETY AWARDS RESEARCH FELLOWSHIP SCHOLARSHIPS TO INDIVIDUALS INTERESTED IN CLINICAL AND BASIC RESEARCH RELATED TO THE LATEST ADVANCES IN ELECTROPHYSIOLOGY.
Expenses $5,838,225 · Grants $213,010 · Revenue $3,069,869
-
HEALTH POLICY: THE SOCIETY WORKS TO ENSURE PATIENTS ACCESS TO HIGH QUALITY HEART RHYTHM CARE. HRS DEPLOYS MULTI-FACETED ADVOCACY INITIATIVES FOR A PRODUCTIVE AND VIABLE WORK ENVIRONMENT FOR HEART RHYTHM PROFESSIONALS. THE SOCIETY PUBLISHES AND ENDORSES CLINICAL DOCUMENTS TO IMPROVE PATIENT CARE.
Expenses $510,212
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Jodie L Hurwitz MD FhrsJODIE L HURWITZ MD FHRS
PRESIDENT (5/23 TO 9/23)
- Total calculated
- $0
- Hours/week
- 11 + 4 related
-
Andrew D Krahn MD FhrsANDREW D KRAHN MD FHRS
IMMEDIATE PAST PRESIDENT (5/23 TO 9/23)
- Total calculated
- $0
- Hours/week
- 5
-
Kenneth A Ellenbogen MD FhrsKENNETH A ELLENBOGEN MD FHRS
PRESIDENT-ELECT (5/23 TO 9/23)
- Total calculated
- $750
- From this org
- $750
- From related orgs
- $0
- Other
- $0
- Hours/week
- 3
-
Mina K Chung MD FhrsMINA K CHUNG MD FHRS
1ST VICE PRESIDENT (5/23 TO 9/23)
- Total calculated
- $0
- Hours/week
- 3
-
Sana M Al-Khatib MD Mhsfhrs CcdSANA M AL-KHATIB MD MHSFHRS CCD
2ND VICE PRESIDENT (5/23 TO 9/23)
- Total calculated
- $4,500
- From this org
- $4,500
- From related orgs
- $0
- Other
- $0
- Hours/week
- 2
-
John K Triedman MD Fhrs Ceps-PJOHN K TRIEDMAN MD FHRS CEPS-P
SECRETARY-TREASURER (5/23 TO 9/23)
- Total calculated
- $0
- Hours/week
- 5 + 1 related
-
David S Frankel MD FhrsDAVID S FRANKEL MD FHRS
MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Dhanunjaya R Lakkireddy MDDHANUNJAYA R LAKKIREDDY MD
MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Nassir F Marrouche MD FhrsNASSIR F MARROUCHE MD FHRS
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Jagmeet P Singh MD PhD FhrsJAGMEET P SINGH MD PHD FHRS
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Brynn E Dechert-Crooks ApnBRYNN E DECHERT-CROOKS APN
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Jonathan P Piccini SrmdmhsfhJONATHAN P PICCINI SRMDMHSFH
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Sunny S Po MD PhD FhrsSUNNY S PO MD PHD FHRS
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Erica S Zado Pac FhrsERICA S ZADO PAC FHRS
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Luigi Di Biase MD PhD FhrsLUIGI DI BIASE MD PHD FHRS
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Susan P Etheridge MD FhrsSUSAN P ETHERIDGE MD FHRS
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Daniel P Morin MD MPH FhrsDANIEL P MORIN MD MPH FHRS
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Emily P Zeitler MD MhsEMILY P ZEITLER MD MHS
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Fred M Kusumoto MD FhrsFRED M KUSUMOTO MD FHRS
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Patricia A BlakePATRICIA A BLAKE
CHIEF EXECUTIVE OFFICER
- Total calculated
- $809,529
- From this org
- $619,839
- From related orgs
- $0
- Other
- $189,690
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $510,878
- Bonus
- $108,961
- Other
- $0
- Deferred
- $150,681
- Nontaxable benefits
- $39,009
- Filer's total
- $809,529
-
Eric BoothERIC BOOTH
CHIEF FINANCIAL OFFICER
- Total calculated
- $313,909
- From this org
- $266,757
- From related orgs
- $0
- Other
- $47,152
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $246,885
- Bonus
- $19,872
- Other
- $0
- Deferred
- $13,807
- Nontaxable benefits
- $33,345
- Filer's total
- $313,909
-
Kenneth J DemithKENNETH J DEMITH
CHIEF EXPERIENCE OFFICER
- Total calculated
- $312,900
- From this org
- $265,167
- From related orgs
- $2,056
- Other
- $45,677
- Hours/week
- 39.7 + 0.3 related
Schedule J breakdown matched by us
- Base
- $250,088 + $1,939 related
- Bonus
- $15,079 + $117 related
- Other
- $0
- Deferred
- $30,140 + $234 related
- Nontaxable benefits
- $15,186 + $118 related
- Filer's total
- $310,493 + $2,408 related
-
Simintha EssonSIMINTHA ESSON
CHIEF STRATEGY OFFICER
- Total calculated
- $303,463
- From this org
- $260,005
- From related orgs
- $0
- Other
- $43,458
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $247,585
- Bonus
- $12,420
- Other
- $0
- Deferred
- $25,413
- Nontaxable benefits
- $18,045
- Filer's total
- $303,463
-
Timothy GregoryTIMOTHY GREGORY
CHIEF LEARNING OFFICER
- Total calculated
- $338,330
- From this org
- $268,762
- From related orgs
- $0
- Other
- $69,568
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $243,922
- Bonus
- $24,840
- Other
- $0
- Deferred
- $38,243
- Nontaxable benefits
- $31,325
- Filer's total
- $338,330
-
Germaine A Lutman SchaeferGERMAINE A LUTMAN SCHAEFER
ASSOCIATE VP MEETINGS OPERATIONS
- Total calculated
- $232,989
- From this org
- $200,554
- From related orgs
- $0
- Other
- $32,435
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $193,854
- Bonus
- $6,700
- Other
- $0
- Deferred
- $20,692
- Nontaxable benefits
- $11,743
- Filer's total
- $232,989
-
Pamela E MagnaniPAMELA E MAGNANI
ASSOCIATE VP,EDUCATION
- Total calculated
- $229,011
- From this org
- $207,845
- From related orgs
- $0
- Other
- $21,166
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $198,845
- Bonus
- $9,000
- Other
- $0
- Deferred
- $20,026
- Nontaxable benefits
- $1,140
- Filer's total
- $229,011
-
Kristopher J MurphyKRISTOPHER J MURPHY
ASSOCIATE VP MKTG & COMMUNICATIONS
- Total calculated
- $212,671
- From this org
- $182,839
- From related orgs
- $564
- Other
- $29,268
- Hours/week
- 39.9 + 0.1 related
Schedule J breakdown matched by us
- Base
- $179,649 + $554 related
- Bonus
- $3,190 + $10 related
- Other
- $0
- Deferred
- $18,947 + $58 related
- Nontaxable benefits
- $10,231 + $32 related
- Filer's total
- $212,017 + $654 related
-
David S RaimistDAVID S RAIMIST
ASSOCIATE VP, MEMBER ENG & DATA
- Total calculated
- $270,266
- From this org
- $206,675
- From related orgs
- $2,793
- Other
- $60,798
- Hours/week
- 39 + 1 related
Schedule J breakdown matched by us
- Base
- $203,025 + $2,744 related
- Bonus
- $3,650 + $49 related
- Other
- $0
- Deferred
- $25,385 + $343 related
- Nontaxable benefits
- $34,602 + $468 related
- Filer's total
- $266,662 + $3,604 related
-
Anne Marie SmithANNE MARIE SMITH
VICE PRESIDENT, PRACTICE IMPROVEMENT
- Total calculated
- $239,724
- From this org
- $221,258
- From related orgs
- $0
- Other
- $18,466
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $211,758
- Bonus
- $9,500
- Other
- $0
- Deferred
- $743
- Nontaxable benefits
- $17,723
- Filer's total
- $239,724
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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Compensation committee
- 3 · Independent compensation consultant
- 3 · Form 990 of other organizations
- 3 · Written employment contract
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
- 4b · Supplemental nonqualified retirement plan
Answered no
- 4a · Severance or change-of-control payment
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- PART I, LINE 4B
- LINE 4B: DURING CALENDAR YEAR 2022, THE SOCIETY CONTRIBUTED $ 74,000 TO PATRICIA BLAKE'S NONQUALIFIED SECTION 457(F) PLAN.
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
-
REGENTS UNIVERSITY OF CALIFORNIA
$50,000
WILTON W. WEBSTER FELLOWSHIP IN ELECTROPHYSIOLOGY
-
KENNETH M. ROSEN FELLOWSHIP
-
UNIVERSITY OF WISCONSIN
$50,000
WILTON W. WEBSTER FELLOWSHIP IN ELECTROPHYSIOLOGY
-
DYNOCARDIA
$30,000
HRX PITCH COMPETITION- 1ST PLACE AWARD (FY23)
-
KILELE HEALTH
$15,000
HRX PITCH COMPETITION 2ND PLACE AWARD (FY23)
-
VPG MEDICAL
$10,000
HRX PITCH COMPETITION-3RD PLACE AWARD (FY23)
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
501(C)(3) · SEE SCHEDULE R, PART VII · MA · controlled entity
Directly controlled by HEART RHYTHM SOCIETY
-
INTERNATIONAL BOARD OF HEART RHYTHM EXAMINERS INC
501(C)(6) · SEE SCHEDULE R, PART VII · MA
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Related corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
HRS CONSULTING SERVICES INC
C · SEE SCHEDULE R, PART VII · DE · 100% owned · controlled entity
Directly controlled by HEART RHYTHM SOCIETY
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 20 March 2024
- IRS schema version
- 2022v5.0
- Source object
- 202440829349300624
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