Civic Intelligence

Midwest Cardiovascular Research And

EIN 56-2394304 • 501(c)3 • Elkhart, IN

Profile

To conduct research for educational and scientific purposes, including making distributions to exempt organizations.

500 Arcade 400Elkhart, IN 46514

n/A

Siviq Scores

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

Liabilities / Assets

60th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

62nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

37th percentile

-4.2%

Higher net margin than 37% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2025

Asset Growth

46th percentile

-4.7%

Faster asset growth than 46% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

51st percentile

-1.3%

Faster revenue growth than 51% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets60th percentile

Using 2024 Form 990PF data because the latest 2025 filing does not report standard financial totals.

Assets

Down

$341,252

Down $16,737 (-4.7%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Down

$341,252

Down $16,737 (-4.7%) from 2023

Operations
Liabilities / Revenue62nd percentileNet Margin37th percentile

Revenue

Down

$398,822

Down $5,366 (-1.3%) from 2023

Expenses

Up

$415,559

Up $89,351 (+27%) from 2023

Net Income

Down

-$16,737

Down $94,717 (-121%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth46th percentile

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

$400K$300K$200K$100K$0Assets 2010: $212,696Liabilities 2010: $0Net Assets 2010: $212,6962010Assets 2011: $248,927Liabilities 2011: $0Net Assets 2011: $248,9272011Assets 2012: $243,975Liabilities 2012: $0Net Assets 2012: $243,9752012Assets 2013: $236,419Liabilities 2013: $0Net Assets 2013: $236,4192013Assets 2014: $296,955Liabilities 2014: $0Net Assets 2014: $296,9552014Assets 2015: $271,873Liabilities 2015: $0Net Assets 2015: $271,8732015Assets 2016: $322,991Liabilities 2016: $0Net Assets 2016: $322,9912016Assets 2019: $253,881Liabilities 2019: $02019Assets 2020: $229,909Liabilities 2020: $0Net Assets 2020: $229,9092020Assets 2021: $213,622Liabilities 2021: $0Net Assets 2021: $213,6222021Assets 2022: $280,009Liabilities 2022: $0Net Assets 2022: $280,0092022Assets 2023: $357,989Liabilities 2023: $0Net Assets 2023: $357,9892023Assets 2024: $341,252Liabilities 2024: $0Net Assets 2024: $341,2522024

Latest loaded filing

2024

Assets$341,252
Liabilities$0
Net Assets$341,252
Open 2024 Filing

Operations Trend

Revenue Growth51st percentile

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

$600K$400K$200K$0-$200KExpenses 2010: $236,8542010Expenses 2011: $245,1952011Expenses 2012: $215,3122012Revenue 2013: $223,768Expenses 2013: $231,324Net Income 2013: -$7,5562013Revenue 2014: $310,036Expenses 2014: $249,500Net Income 2014: $60,5362014Revenue 2015: $246,159Expenses 2015: $271,241Net Income 2015: -$25,0822015Revenue 2016: $279,731Expenses 2016: $228,613Net Income 2016: $51,1182016Revenue 2019: $317,286Expenses 2019: $255,669Net Income 2019: $61,6172019Revenue 2020: $204,981Expenses 2020: $228,953Net Income 2020: -$23,9722020Revenue 2021: $263,957Expenses 2021: $280,244Net Income 2021: -$16,2872021Revenue 2022: $386,719Expenses 2022: $320,332Net Income 2022: $66,3872022Revenue 2023: $404,188Expenses 2023: $326,208Net Income 2023: $77,9802023Revenue 2024: $398,822Expenses 2024: $415,559Net Income 2024: -$16,7372024

Latest loaded filing

2024

Revenue$398,822
Expenses$415,559
Net Income-$16,737
Open 2024 Filing

Filings

Most recent year

2025 • Form 990PFDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
-
Liabilities
-
Net assets
-
Revenue
-
Expenses
-
Net income
-
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.
2024Detailed filing. Detailed filing data is available for this year.$3.41$0.00$3.41$3.99$4.16$0.17
2023Detailed filing. Detailed filing data is available for this year.$3.58$0.00$3.58$4.04$3.26$0.78
2022Detailed filing. Detailed filing data is available for this year.$2.80$0.00$2.80$3.87$3.20$0.66
2021Detailed filing. Detailed filing data is available for this year.$2.14$0.00$2.14$2.64$2.80$0.16
2020Detailed filing. Detailed filing data is available for this year.$2.30$0.00$2.30$2.05$2.29$0.24
2019Summary only. Only limited summary data is available for this year.$2.54$0.00$3.17$2.56$0.62
2016Detailed filing. Detailed filing data is available for this year.$3.23$0.00$3.23$2.80$2.29$0.51
2015Detailed filing. Detailed filing data is available for this year.$2.72$0.00$2.72$2.46$2.71$0.25
2014Detailed filing. Detailed filing data is available for this year.$2.97$0.00$2.97$3.10$2.50$0.61
2013Detailed filing. Detailed filing data is available for this year.$2.36$0.00$2.36$2.24$2.31$0.08
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.44$0.00$2.44$2.15
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.49$0.00$2.49$2.45
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.13$0.00$2.13$2.37
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2025 to Dec 31, 2025
Signed
Feb 18, 2026
Return Version
2025v4.0
Mission and Program Overview

Mission

To conduct research for educational and scientific purposes, including making distributions to exempt organizations.

Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
TROY WEIRICK MDTreasurer-$0--
VIJAY MEHTA MDPresident-$0--
JENNIFER PIERCE RN MSNBoard Member-$0--
ADIL WANI MDVice President-$0--
JILL NEWCOMER NURSE PRACTITIONERSecretary-$0--
AMJAD ULLAH SYED MDBoard Member-$0--
Grants and Assistance

Foundation Grants and Related Investments

TypeRecipientPurposeStatusLocationAmount
Paid GrantINDIANA UNIVERSITY FOUNDATIONGENERAL PURPOSES-BLOOMINGTON, IN, US$17,500
Paid GrantWVPE PUBLIC RADIOGENERAL PURPOSES-ELKHART, IN, US$5,947
Paid GrantBEACON HEALTH FOUNDATIONGENERAL PURPOSES-SOUTH BEND, IN, US$5,000
Paid GrantWNIT PUBLIC TELEVISIONGENERAL PURPOSES-SOUTH BEND, IN, US$1,000
Filing and Contact Details

Filer

Filer Name
Midwest Cardiovascular Research and
EIN
56-2394304
Phone
5745220337
Address
500 ARCADE 400, ELKHART, IN 46514

Signing Officer

Name
Vijay Mehta Md
Title
President
Phone
5745220337
Signed
2026-02-18
Discuss with paid preparer
Yes

Preparer

Firm
Ksm Business Services Inc
Address
PO BOX 40857, INDIANAPOLIS, IN 46240
Preparer
James P Moore
Phone
3175802000
Raw XML AppendixShowing 400 of 451 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990PF/RlnOfActyToAccomOfExmptPrpsGrp/RlnOfActyToAccomOfExmptPrpsGrp/RelationshipStatementTxt0TO CONDUCT RESEARCH INVOLVING CARDIAC TRIALS THAT ARE OPEN TO LOCAL COMMUNITIES AS WELL AS PROVIDING EDUCATION SUCH AS CPR AND AED TRAINING ALONG WITH PROVIDING EXPERTS FOR SPEAKING ENGAGEMENTS TO THE LOCAL MEDICAL AND HEALTH COMMUNITY.
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IRS990PF/StatementsRegardingActy4720Grp/GrantsToOrganizationsInd00
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IRS990PF/StatementsRegardingActy4720Grp/NoncharitablePurposeInd00
IRS990PF/StatementsRegardingActy4720Grp/PayCompDisqualifiedPrsnInd00
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IRS990PF/StatementsRegardingActy4720Grp/RcvFndsToPayPrsnlBnftCntrctInd00
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IRS990PF/StatementsRegardingActy4720Grp/TransactionsFailToQlfyAsExcInd00
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IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/RestrictionsOnAwardsTxt0MIDWEST CARDIOVASCULAR RESEARCH AND EDUCATION FOUNDATION'S MISSION IS TO PROVIDE RESEARCH AND EDUCATION RELATED TO CARDIOVASCULAR FUNCTIONS.
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OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt20
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OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt40
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt50
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt60
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt70
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt80
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt90

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