NonprofitsLown Cardiovascular Group Inc

Health Care

Lown Cardiovascular Group Inc

CHESTNUT HILL, MA

Total revenue

$3.1M

Total expenses

$3.9M

Net assets

$976K

Grants received

$287K

22 grants

EIN

042539723

Tax year

2024

Mission

The organization's primary mission is the understanding and treatment of cardiovascular disease.

Programs

2 programs

Education: the organization's physicians provided over 200 hours of direct training to medical students from the harvard medical school during 2024. This training occurred at the organization's facility and involved the treatment of patients, all follow up and documentation of patient related pertinent information. The organization is not compensated for these services/activities. None of the physician costs (compensation, etc.) have been allocated to this program service during 2024. Additionally, the physicians provided more than 200 hours at the brigham & womens hospital in direct training of staff residents during 2024.

Research: the major research initiatives during 2024 consisted of 1) the continued development of the sports and fitness cardiology program and 2) the continuation of a new research initiative focusing on womens cardiolgy issues and health.

Financials

FY 2024

Revenue

Contributions & grants$98K
Program service revenue$3.0M
Investment income
Other revenue
Total revenue$3.1M

Expenses

Grants paid
Salaries & benefits$2.6M
Fundraising$3K
Other expenses$1.2M
Total expenses$3.9M
Total assets$1.5M
Net assets$976K

People

10 listed

NameRoleCompensation

ALYSON KELLEY-HEDGEPETH MD

TRUSTEE

Board

$242K

40 hrs/wk

BRIAN Z BILCHIK MD

PRESIDENT &

Board

$236K

40 hrs/wk

CHARLES BLATT MD

CLERK

Board

$184K

40 hrs/wk

SHMUEL RAVID MD

TRUSTEE

Board

$182K

40 hrs/wk

DARA LEE LEWIS MD

TRUSTEE

Board

$162K

40 hrs/wk

JASON WARD

TRUSTEE

Board

1 hrs/wk

CHARLES BAIRD

TRUSTEE

Board

1 hrs/wk

JOEL KATZ

PHYSICIAN

Staff

$182K

40 hrs/wk

JONATHAN GERBODE-GRANT

NURSE PRACTI

Staff

$160K

40 hrs/wk

SANDRA J WRIGHT

PRACTICE MAN

Staff

$138K

40 hrs/wk

Grants received

Showing 22 of 22

FromAmountPurposeYear
$50K
General & Unrestricted
2024
$5K
TO SUPPORT THE CHARITABLE ORGANIZATION'S MISSION
2024
$8K
FOR RECIPIENT'S EXEMPT PURPOSE
2023
$5K
TO SUPPORT THE CHARITABLE ORGANIZATION'S MISSION
2023
$500
GENERAL
2023
$25K
General & Unrestricted
2022
$10K
FOR RECIPIENT'S EXEMPT PURPOSE
2022
$5K
TO SUPPORT THE CHARITABLE ORGANIZATION'S MISSION
2022
$5K
TO SUPPORT THE CHARITABLE ORGANIZATION'S MISSION
2021
$35K
UNRESTRICTED SUPPORT
2020
$7K
TO SUPPORT THE CHARITABLE ORGANIZATION'S MISSION
2020
$6K
For grant recipient's exempt purposes
2020
$600
MATCHING GIFTS
2020
$35K
UNRESTRICTED SUPPORT
2019
$4K
TO SUPPORT THE CHARITABLE ORGANIZATION'S MISSION
2018
$1K
OPERATIONAL SUPPORT
2018
$5K
FOR GRANT RECIPIENT'S EXEMPT PURPOSES
2017

Funded by

$287K from 9 funders · 22 grants · 2017–2024

Walter and Marilyn Joy Samuels Charitable

$155K · 5 grants · 2019–2024

Jewish Federation Foundation Of Greater

$70K · 2 grants · 2019–2020

Reuben And Lizzie Grossman Foundation

$28K · 6 grants · 2018–2024

Vanguard Charitable Endowment Program

$18K · 2 grants · 2022–2023

Fidelity Investments Charitable Gift Fund

$11K · 2 grants · 2017–2020

Enable Hope Foundation

$2K · 2 grants · 2022–2023

Max Kagan Family Foundation

$1K · 1 grant · 2018

Details

EIN042539723
NTEE codeE30
Subsection03
Ruling date2014-08
Formed2013
Employees27
LOWN CARDIOVASCULAR GROUP INC — Mission, Financials & Grants Received | Grantivo