Civic Intelligence

New York Cardiac Center Inc

EIN 13-1624083 • 501(c)3 • Tenafly, NJ

Profile

The mission of the New York Cardiac Center is to be a part of the ongoing effort to diagnose and prevent heart and other diseases. We help to develop treatment for those who need it and assist in training new scientists, educators, and physicians. We're committed to improving a person's chances of living a full and healthy life. To do so we commit our resources to innovative projects in research, education and treatment.

82 North Summit StreetTenafly, NJ 07670

www.nycardiaccenter.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

38th percentile

0.02x

Higher debt load relative to assets than 38% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

75th percentile

0.32x

Higher debt load relative to revenue than 75% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

5th percentile

-66%

Higher net margin than 5% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

41st percentile

$2,000

Higher top officer pay than 41% of similar nonprofits.

Top officer pay equals 1.2% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

44th percentile

1.4%

Faster asset growth than 44% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

90th percentile

90%

Faster revenue growth than 90% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$2,496,463

Up $33,677 (+1.4%) from 2023

Liabilities

Down

$54,560

Down $21,014 (-28%) from 2023

Net Assets

Up

$2,441,903

Up $54,691 (+2.3%) from 2023

Revenue

Up

$168,861

Up $79,807 (+90%) from 2023

Expenses

Down

$279,966

Down $31,652 (-10%) from 2023

Net Income

Up

-$111,105

Up $111,459 (+50%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$4.0M$3.0M$2.0M$1.0M$0Assets 2011: $3,305,698Liabilities 2011: $42,370Net Assets 2011: $3,263,3282011Assets 2012: $3,303,245Liabilities 2012: $49,020Net Assets 2012: $3,254,2252012Assets 2013: $3,480,651Liabilities 2013: $63,590Net Assets 2013: $3,417,0612013Assets 2014: $3,346,791Liabilities 2014: $42,074Net Assets 2014: $3,304,7172014Assets 2015: $2,993,582Liabilities 2015: $44,215Net Assets 2015: $2,949,3672015Assets 2016: $2,963,454Liabilities 2016: $46,704Net Assets 2016: $2,916,7502016Assets 2017: $3,031,421Liabilities 2017: $46,310Net Assets 2017: $2,985,1112017Assets 2018: $2,586,348Liabilities 2018: $45,144Net Assets 2018: $2,541,2042018Assets 2019: $2,785,300Liabilities 2019: $50,304Net Assets 2019: $2,734,9962019Assets 2020: $2,921,922Liabilities 2020: $60,715Net Assets 2020: $2,861,2072020Assets 2021: $2,907,695Liabilities 2021: $48,151Net Assets 2021: $2,859,5442021Assets 2022: $2,409,029Liabilities 2022: $71,188Net Assets 2022: $2,337,8412022Assets 2023: $2,462,786Liabilities 2023: $75,574Net Assets 2023: $2,387,2122023Assets 2024: $2,496,463Liabilities 2024: $54,560Net Assets 2024: $2,441,9032024

Highlighted filing

2024

Assets$2,496,463
Liabilities$54,560
Net Assets$2,441,903

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$400K$200K$0-$200K-$400KRevenue 2011: -$36,149Expenses 2011: $355,874Net Income 2011: -$392,0232011Revenue 2012: $186,653Expenses 2012: $354,492Net Income 2012: -$167,8392012Revenue 2013: $155,717Expenses 2013: $329,368Net Income 2013: -$173,6512013Revenue 2014: $259,520Expenses 2014: $320,638Net Income 2014: -$61,1182014Revenue 2015: $44,240Expenses 2015: $333,649Net Income 2015: -$289,4092015Revenue 2016: $80,012Expenses 2016: $314,917Net Income 2016: -$234,9052016Revenue 2017: $140,889Expenses 2017: $347,550Net Income 2017: -$206,6612017Revenue 2018: -$35,800Expenses 2018: $350,914Net Income 2018: -$386,7142018Revenue 2019: $164,769Expenses 2019: $316,610Net Income 2019: -$151,8412019Revenue 2020: -$63,580Expenses 2020: $292,638Net Income 2020: -$356,2182020Revenue 2021: $397,642Expenses 2021: $289,620Net Income 2021: $108,0222021Revenue 2022: $174,964Expenses 2022: $263,740Net Income 2022: -$88,7762022Revenue 2023: $89,054Expenses 2023: $311,618Net Income 2023: -$222,5642023Revenue 2024: $168,861Expenses 2024: $279,966Net Income 2024: -$111,1052024

Highlighted filing

2024

Revenue$168,861
Expenses$279,966
Net Income-$111,105

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.50$0.05$2.44$0.17$0.28$0.11
2023Detailed filing. Detailed filing data is available for this year.$2.46$0.08$2.39$0.09$0.31$0.22
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.41$0.07$2.34$0.17$0.26$0.09
2021Detailed filing. Detailed filing data is available for this year.$2.91$0.05$2.86$0.40$0.29$0.11
2020Detailed filing. Detailed filing data is available for this year.$2.92$0.06$2.86$0.06$0.29$0.36
2019Detailed filing. Detailed filing data is available for this year.$2.79$0.05$2.73$0.16$0.32$0.15
2018Detailed filing. Detailed filing data is available for this year.$2.59$0.05$2.54$0.04$0.35$0.39
2017Detailed filing. Detailed filing data is available for this year.$3.03$0.05$2.99$0.14$0.35$0.21
2016Summary only. Only limited summary data is available for this year.$2.96$0.05$2.92$0.08$0.31$0.23
2015Summary only. Only limited summary data is available for this year.$2.99$0.04$2.95$0.04$0.33$0.29
2014Summary only. Only limited summary data is available for this year.$3.35$0.04$3.30$0.26$0.32$0.06
2013Summary only. Only limited summary data is available for this year.$3.48$0.06$3.42$0.16$0.33$0.17
2012Summary only. Only limited summary data is available for this year.$3.30$0.05$3.25$0.19$0.35$0.17
2011Summary only. Only limited summary data is available for this year.$3.31$0.04$3.26$0.04$0.36$0.39
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Oct 2, 2025
Return Version
2024v5.0
Gross Receipts
$1,094,765
Mission and Program Overview

Mission

The mission of the new york cardiac center is to be a part of the ongoing effort todiagnose and prevent heart and other diseases. We help to develop treatment forthose who need it and assist in training new scientists, educators, and physicians.we are committed to improving a person's chances of living a full and healthy life.to do so we commit our resources to innovative projects in research, education andtreatment.

The mission of the new york cardiac center is to be a part of the ongoing effort to diagnose and prevent heart and other diseases.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,935,440$2,256,752▲ $321,312
Savings and Temporary Cash Investments$387,515$109,506▼ $278,009
Cash and Non-Interest-Bearing Accounts$98,998$90,538▼ $8,460
Prepaid Expenses and Deferred Charges$1,622$3,665▲ $2,043
Intangible Assets$618$228▼ $390
Total Assets$2,462,786$2,496,463▲ $33,677
Other Assets Total$38,593$35,774▼ $2,819
Liabilities
Other Liabilities$33,350$30,810▼ $2,540
Accounts Payable and Accrued Expenses$42,224$23,750▼ $18,474
Total Liabilities$75,574$54,560▼ $21,014
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,387,212$2,441,903▲ $54,691
Total Net Assets Fund Balance$2,387,212$2,441,903▲ $54,691
Total Liabilities and Net Assets / Fund Balance$2,462,786$2,496,463▲ $33,677

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings-$4,417-
Leasehold Improvements-$10,271-
Compensation and Service Providers

Employees

NameTitleBaseTotal
Olivier GersBd of Govern$2,000$2,000
Alfred S GlazierTreasurer$1,500$1,500
Anne Ronan EsqSecretary$1,500$1,500
David Glazer EsqVice Preside$1,500$1,500
Michael Rogow DdsBd of Govern$1,500$1,500
Michael Wolk MdExec V.p.$1,500$1,500
Iris Kopeloff MdBd of Govern$1,500$1,500
Joffrey PearlmanBd of Govern$1,500$1,500
Lisa Troy MdBd of Govern$1,500$1,500
Paul BernsteinBd of Govern$1,500$1,500
Robert WolkBd of Govern$1,500$1,500

Board Members and Trustees

NameTitle
Richard GlazerPresident
Edward Newman CPA InactiveBd of Govern
Stephen ShepardBd of Govern
Revenue and Support

Revenue Composition

Contributions and Grants
$12,036
Program Service Revenue
$0
Investment Income
$156,825
Other Revenue
$0
All Other Contributions
$11,561
Change in Net Assets
$-111,105

Audited Revenue Reconciliation

Revenue per Audited Statements
$142,613
Revenue Not Reported on Financial Statements
$26,248
Revenue Not Reported on Form 990
$165,796
Total Revenue per Audited Statements
$308,409
Total Revenue per Form 990
$168,861
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$140,000
Salaries, Compensation, and Employee Benefits$74,536
Other Expenses$65,430
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$100,000--$100,000
Comp Disqual Persons$6,556$50,230-$56,786
Grants to Domestic Individuals$40,000--$40,000
Fees for Service Investment Mgmnt Fees-$26,248-$26,248
Current Officers, Directors, Trustees, and Key Employees-$17,750-$17,750
Occupancy-$16,800-$16,800
Office Expenses$2,108$8,430-$10,538
Fees for Services Accounting-$6,500-$6,500
Insurance-$2,255-$2,255
Other Expenses$69$1,742-$1,811
Information Technology$178$710-$888
Depreciation Depletion-$390-$390
Total Functional Expenses$148,911$131,055$0$279,966

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$279,966
Expenses per Audited Statements$253,718
Total Expenses per Audited Statements$253,718
Expenses Not Reported on Financial Statements$26,248
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
New York Cardiological SocietyNew York, NY501c3Medical Educ Program$40,000
Yale Medical SchoolNew Haven, CT501c3Medical Research$40,000
New York UniversityNew York, NY501c3Science Workshops$20,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Barton Babcock Blair IncFamilyPayroll & Other ExpNo$28,811
Lbg AdministratorsFamilyAdministrator FeesNo$24,000
Barton Babcock Blair IncFamilyRent for OfficeNo$16,800
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Right of Use Liabilities$30,810
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
Yes
Business relationship with family members
Yes
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Page 6, Part VI, Line 2

Richard glazer david glazer president board of gov family relationship richard glazer joffrey pearlman president board of gov family relationship richard glazer olivier gers president board of gov family relationship michael wolk robert wolk exec vp board of gov family relationship

Form 990, Page 6, Part VI, Line 3

New york cardiac center ("the center") has engaged the services of lbg administrators (lbga) for purposes of providing technical and managerial services in connection with the operation of the center. All payments to lbga are reviewed and approved by the center's executive committee. Refer to schedule l for the disclosure of the relationship and amounts paid to lbga.

Form 990, Page 6, Part VI, Line 6

Any person of good character, and any corporation, association, foundation, partnership, trustee, agent, nominee, or any other organization or person, without limitation, is eligible for election as a member of this corporation.

Form 990, Page 6, Part VI, Line 7A

The organization's membership has the power to elect the officers of the governing body.

Form 990, Page 6, Part VI, Line 11B

Members of the board of governors receive a copy of form 990 prior to filing and are given an opportunity to review and ask questions.

Form 990, Page 6, Part VI, Line 12C

The organization has established a conflict-of-interest policy that covers the following interested person: any director, principal officer, or member of a committee with governing board delegated powers. An interested person must annually disclose the existence of financial interest and be given the opportunity to disclose all material facts to the directors and members of committees with governing board delegated powers considering the proposed transaction or arrangement. After disclosure of the financial interest and all material facts, and after any discussion with the interested person, he/she shall leave the governing board or committe meeting while the determination of a conflict of interest is discussed and voted upon. The board's decision on the conflict of interest and all relevant facts are documented in the minutes of the governing body.

Form 990, Page 6, Part VI, Line 18

The form 990s are available for review at the office of new york cardiac center.

Form 990, Page 6, Part VI, Line 19

All governing documents, policies, and financial statements are available for review at the office of the new york cardiac center.

Filing and Contact Details

Filer

Filer Name
New York Cardiac Center Inc
EIN
13-1624083
Phone
2015698180
Address
82 NORTH SUMMIT STREET, TENAFLY, NJ 07670

Signing Officer

Name
Richard Glazer
Title
President
Phone
2015698180
Signed
2025-10-02

Organization Details

Principal Officer
Richard Glazer
Formed
1937
Legal Domicile
Ny
Voting Board Members
14
Independent Board Members
12
Employees
0

Preparer

Firm
Caballero & Associates LLC
Address
228 BRIDGE ST, METUCHEN, NJ 08840-2291
Preparer
Alvin Caballero
Phone
7329022929
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The mission of the new york cardiac center is to be a part of the ongoing effort to diagnose and prevent heart and other diseases. We help to develop treatment for those who need it and assist in training new scientists, educators, and physicians. We are commited to improving a person's chances of living a full and healthy life. To do so we commit our resources to innovative projects in research, education and treatment.

Form 990, Page 2, Part III, Line 4D

Other programs include the science communication workshop in collaboration with new york university.

Financial Statement Notes

Schedule D, Page 3, Part X

The center does not believe there are any material uncertain tax positions and, accordingly, it has not recognized any liability for unrecognized tax benefits. The center has filed irs form 990 tax returns, as required, and all other applicable returns in jurisdictions where it is required. For the year ended december 31, 2024, there was no interest or penalties recorded or included in the statement of activities. Based on applicable statute of limitations, the centers tax returns generally remain open for examination by tax authorities for three (3) years after filing. As of december 31, 2024, the center was not under examination or audit by a taxing authority.

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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1EXEC V.P.
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt5BD OF GOVERN
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IRS990/MissionDesc0THE MISSION OF THE NEW YORK CARDIAC CENTER IS TO BE A PART OF THE ONGOING EFFORT TO DIAGNOSE AND PREVENT HEART AND OTHER DISEASES. WE HELP TO DEVELOP TREATMENT FOR THOSE WHO NEED IT AND ASSIST IN TRAINING NEW SCIENTISTS, EDUCATORS, AND PHYSICIANS. WE ARE COMMITED TO IMPROVING A PERSON'S CHANCES OF LIVING A FULL AND HEALTHY LIFE. TO DO SO WE COMMIT OUR RESOURCES TO INNOVATIVE PROJECTS IN RESEARCH, EDUCATION AND TREATMENT.
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IRS990/ProgSrvcAccomActy2Grp/Desc0YALE UNIVERSITY IN ASSOCIATION WITH NEW YORK CARDIAC CENTER: CONTINUED OUR SPONSORSHIP OF RESEARCH INTO TRANSIMMUNIZATION AS A RESULT OF WHICH SIGNIFICANT INSIGHTS HAVE BEEN GAINED INTO THE UNLOCKING MECHANISM OF ANTIGEN PRESENTATION AND RECOGNITION BY THE IMMUNE SYSTEM.
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IRS990/ProgSrvcAccomActy3Grp/Desc0DURING 2024, NEW YORK CARDIAC CENTER AWARDED TEN SCHOLARSHIPS TO OUTSTANDING STUDENTS ATTENDING THE FOLLOWING INSTITUTIONS: CITY COLLEGE OF NEW YORK, LAFAYETTE COLLEGE, MASSACHUSETTS INSTITUTE OF TECHNOLOGY, NEW YORK INSTITUTE OF TECHNOLOGY, UNIVERSITY OF PENNSYLVANIA, COLUMBIA, HARVARD, NORTHEASTERN, STANFORD, AND YALE UNIVERSITIES.
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE CENTER DOES NOT BELIEVE THERE ARE ANY MATERIAL UNCERTAIN TAX POSITIONS AND, ACCORDINGLY, IT HAS NOT RECOGNIZED ANY LIABILITY FOR UNRECOGNIZED TAX BENEFITS. THE CENTER HAS FILED IRS FORM 990 TAX RETURNS, AS REQUIRED, AND ALL OTHER APPLICABLE RETURNS IN JURISDICTIONS WHERE IT IS REQUIRED. FOR THE YEAR ENDED DECEMBER 31, 2024, THERE WAS NO INTEREST OR PENALTIES RECORDED OR INCLUDED IN THE STATEMENT OF ACTIVITIES. BASED ON APPLICABLE STATUTE OF LIMITATIONS, THE CENTERS TAX RETURNS GENERALLY REMAIN OPEN FOR EXAMINATION BY TAX AUTHORITIES FOR THREE (3) YEARS AFTER FILING. AS OF DECEMBER 31, 2024, THE CENTER WAS NOT UNDER EXAMINATION OR AUDIT BY A TAXING AUTHORITY.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
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IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0MEDICAL EDUC PROGRAM
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1MEDICAL RESEARCH
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2SCIENCE WORKSHOPS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0NEW YORK CARDIOLOGICAL SOCIETY
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1YALE MEDICAL SCHOOL
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2NEW YORK UNIVERSITY
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IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt1333 CEDAR SREET
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt2383 LAFAYETTE SREET 3RD FLOOR
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IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE NEW YORK CARDIAC CENTER, INC. (THE "CENTER") ENSURES SCHOLARSHIPS AND ASSISTANCE ARE USED AS INTENDED BY SENDING THE FUNDS DIRECTLY TO THE UNIVERSITY'S FINANCIAL AID OFFICE OR STUDENT BILLING. AS FOR GRANTS, THE CENTER RECEIVES PERIODIC PROGRESS REPORTS, NEWSLETTERS, AND PUBLICATIONS FROM INSTITUTIONS TO VERIFY THE FUNDS ARE USED IN ACCORDANCE WITH PURPOSES FOR WHICH THEY WERE GIVEN.
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt1NEW YORK CARDIAC CENTER, INC. AWARDED 10 SCHOLARSHIP GRANTS; HOWEVER, ONE (1) RECIPIENT WITHDREW DUE TO A PERSONAL SITUATION.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE I, PAGE 1, PART I, LINE 2
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE I, PAGE 4, PART IV
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IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm1BARTON BABCOCK BLAIR INC
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm2BARTON BABCOCK BLAIR INC
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IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0ADMINISTRATOR FEES
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IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc2PAYROLL & OTHER EXP
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE MISSION OF THE NEW YORK CARDIAC CENTER IS TO BE A PART OF THE ONGOING EFFORT TO DIAGNOSE AND PREVENT HEART AND OTHER DISEASES. WE HELP TO DEVELOP TREATMENT FOR THOSE WHO NEED IT AND ASSIST IN TRAINING NEW SCIENTISTS, EDUCATORS, AND PHYSICIANS. WE ARE COMMITED TO IMPROVING A PERSON'S CHANCES OF LIVING A FULL AND HEALTHY LIFE. TO DO SO WE COMMIT OUR RESOURCES TO INNOVATIVE PROJECTS IN RESEARCH, EDUCATION AND TREATMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1OTHER PROGRAMS INCLUDE THE SCIENCE COMMUNICATION WORKSHOP IN COLLABORATION WITH NEW YORK UNIVERSITY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2RICHARD GLAZER DAVID GLAZER PRESIDENT BOARD OF GOV FAMILY RELATIONSHIP RICHARD GLAZER JOFFREY PEARLMAN PRESIDENT BOARD OF GOV FAMILY RELATIONSHIP RICHARD GLAZER OLIVIER GERS PRESIDENT BOARD OF GOV FAMILY RELATIONSHIP MICHAEL WOLK ROBERT WOLK EXEC VP BOARD OF GOV FAMILY RELATIONSHIP
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3NEW YORK CARDIAC CENTER ("THE CENTER") HAS ENGAGED THE SERVICES OF LBG ADMINISTRATORS (LBGA) FOR PURPOSES OF PROVIDING TECHNICAL AND MANAGERIAL SERVICES IN CONNECTION WITH THE OPERATION OF THE CENTER. ALL PAYMENTS TO LBGA ARE REVIEWED AND APPROVED BY THE CENTER'S EXECUTIVE COMMITTEE. REFER TO SCHEDULE L FOR THE DISCLOSURE OF THE RELATIONSHIP AND AMOUNTS PAID TO LBGA.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ANY PERSON OF GOOD CHARACTER, AND ANY CORPORATION, ASSOCIATION, FOUNDATION, PARTNERSHIP, TRUSTEE, AGENT, NOMINEE, OR ANY OTHER ORGANIZATION OR PERSON, WITHOUT LIMITATION, IS ELIGIBLE FOR ELECTION AS A MEMBER OF THIS CORPORATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION'S MEMBERSHIP HAS THE POWER TO ELECT THE OFFICERS OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6MEMBERS OF THE BOARD OF GOVERNORS RECEIVE A COPY OF FORM 990 PRIOR TO FILING AND ARE GIVEN AN OPPORTUNITY TO REVIEW AND ASK QUESTIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THE ORGANIZATION HAS ESTABLISHED A CONFLICT-OF-INTEREST POLICY THAT COVERS THE FOLLOWING INTERESTED PERSON: ANY DIRECTOR, PRINCIPAL OFFICER, OR MEMBER OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS. AN INTERESTED PERSON MUST ANNUALLY DISCLOSE THE EXISTENCE OF FINANCIAL INTEREST AND BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE DIRECTORS AND MEMBERS OF COMMITTEES WITH GOVERNING BOARD DELEGATED POWERS CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER DISCLOSURE OF THE FINANCIAL INTEREST AND ALL MATERIAL FACTS, AND AFTER ANY DISCUSSION WITH THE INTERESTED PERSON, HE/SHE SHALL LEAVE THE GOVERNING BOARD OR COMMITTE MEETING WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. THE BOARD'S DECISION ON THE CONFLICT OF INTEREST AND ALL RELEVANT FACTS ARE DOCUMENTED IN THE MINUTES OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8THE FORM 990S ARE AVAILABLE FOR REVIEW AT THE OFFICE OF NEW YORK CARDIAC CENTER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9ALL GOVERNING DOCUMENTS, POLICIES, AND FINANCIAL STATEMENTS ARE AVAILABLE FOR REVIEW AT THE OFFICE OF THE NEW YORK CARDIAC CENTER.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 2

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