Public Charity

NEW MEXICO HEART INSTITUTE FOUNDATION

NEW MEXICO HEART INSTITUTE FOUNDATION is a private foundation categorized as Public Charity based in ALBUQUERQUE, NM. Its most recent IRS filing (2024) reports revenue of $130K, expenses of $132K, total assets of $687K. Imperigo tracks 2 reported grants from this foundation totaling approximately $145K.

EIN: 201443608 ALBUQUERQUE, NM Corporate Foundations NTEE: T21 Latest filing: 2024
Total Revenue$130K
Total Expenses$132K
Total Assets$687K
Grants Given2
Grant Total$145K
Filing Years2019–2024

Mission

THE NEW MEXICO HEART INSTITUTE FOUNDATION IS DEDICATED TO SUPPORTING EDUCATION AND RESEARCH TO ENHANCE HEART HEALTH FOR ALL NEW MEXICANS.

Where $100 goes at New Mexico Heart Institute Foundation

How New Mexico Heart Institute Foundation divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$81 Programs the work itself
$19 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $81 for programs

$81
The organization provides various services to support cardiovascular services and education that includes the following activities
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Sample Grants Given

NEW HEART
ALBUQUERQUE, NM · 2023
$95,000
NEW HEART INC
ALBUQUERQUE, NM · 2020
$50,359

Showing up to 5 of 2 total records — full history available with membership.

Officers & Directors

CHAIRMAN Barry Ramo Md
SECRETARY Fenton Mccarthy Md
BOARD MEMBER Irv Diamond
BOARD MEMBER Mark Bieniarz Md
BOARD MEMBER Sean Mazer Md
BOARD MEMBER Serena Pettes

Officer compensation and complete director data available with membership.

Top Grant Purposes

Unspecified
$145,359 2 grants

Financial Trends

Year Revenue Expenses Assets
2024 $130K $132K $687K
2023 $286K $391K $677K
2022 $152K $140K $789K
2020 $187K $242K $800K
2019 $1.1M $241K $854K

Between 2019 and 2024, reported annual revenue declined from $1.1M to $130K (-88%), with total assets most recently reported at $687K.

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in NM.

NM

Full geographic grant map with state-by-state breakdown available with membership.

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