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Nonprofit · EIN 41-1889746

INTERNATIONAL SOCIETY FOR MINIMALLY INVASIVE CARDIAC SURGERY

Tax-exempt · BEVERLY, MA 01915

Financials

$982K$952K2023$1.1M$1M2024
Revenue Expenses · by fiscal year end
Financials of INTERNATIONAL SOCIETY FOR MINIMALLY INVASIVE CARDIAC SURGERY by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,115,168$1,036,445$78,723$865,624$105,938$759,686
December 31, 2023990$981,848$951,621$30,227$755,731$116,443$639,288
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$394,920
Program service revenue
$625,567
Investment income
$20,163
Royalties
$74,518
Net gain from sales of assets
$3,553
Other revenue
$74,518

Expenses

Grants and similar amounts paid
$29,908
Compensation of officers, directors and key employees
$50,000
Salaries, compensation and benefits (total)
$50,000
Professional fundraising fees
$0
Accounting fees
$29,236
Program services (functional)
$752,034
Management and general (functional)
$227,684
Fundraising (functional)
$56,727

Balance sheet and other

Total assets, start of year
$755,731
Total assets, end of year
$865,624
Total liabilities, end of year
$105,938
Net assets, end of year
$759,686
Publicly traded securities
$628,965
Net assets without donor restrictions
$655,691
Net assets with donor restrictions
$103,995
Gross receipts
$1,119,315
Employees
0
Volunteers
78
Year formed
1998
State of legal domicile
MN

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
NIV AD MDEDITOR
Trustee or director
2$50,000
HUSAM H BALKHY MDPRESIDENT/PRESIDENT-ELECT
Trustee or director, Officer
2$0
GRY DAHLE MD PHDPRESIDENT-ELECT/VICE PRESIDENT
Trustee or director, Officer
2$0
NIRAV C PATEL MDVICE PRESIDENT/TREASURER
Trustee or director, Officer
2$0
JOERG KEMPFERT MDSECRETARY
Trustee or director, Officer
2$0
ABBAS E ABBAS MDTREASURER/TREASURER-ELECT
Trustee or director, Officer
2$0
NIKOLAS BONAROS MDPAST PRESIDENT/PRESIDENT
Trustee or director, Officer
2$0
VINOD H THOURANI MDPAST PRESIDENT
Trustee or director, Officer
2$0
SABINE BLEIZIFFER MDDIRECTOR-EUROPE
Trustee or director
2$0
JOSEPH ZACHARIAS MDDIRECTOR-EUROPE
Trustee or director
2$0
PAYMEN SADARI NIA MD PHDDIRECTOR-EUROPE
Trustee or director
2$0
ERIC J LEHR MD PHDDIRECTOR-NORTH AMERICA
Trustee or director
2$0
MARC RUEL MD PHDDIRECTOR-NORTH AMERICA
Trustee or director
2$0
DANNY RAMZY MDDIRECTOR-NORTH AMERICA
Trustee or director
2$0
KEITA KIKUCHI MD PHDDIRECTOR-WORLD
Trustee or director
2$0
21 more people on this return
NameTitleHours / weekCompensation
ROBINSON POFFO MDDIRECTOR-WORLD
Trustee or director
2$0
SATHYAKI NAMBALA M CHDIRECTOR-WORLD
Trustee or director
2$0
JENS C RUECKERT MDDIRECTOR-EUROPE (THORACIC)
Trustee or director
2$0
SHARON BEN-OR MDDIR-NORTH AMERICA (THORACIC)
Trustee or director
2$0
LANA SCHUMACHER MDDIRECTOR-WORLD (THORACIC)
Trustee or director
2$0
JORGE M CATRIP TORRES MDAT-LARGE DIRECTOR
Trustee or director
2$0
STEPAN CERNY MD PHDAT-LARGE DIRECTOR
Trustee or director
2$0
MONICA GIANOLI MDAT-LARGE EUROPE
Trustee or director
2$0
SAHIN SENAY PROFCARDIAC PROGRAM CO-CHAIR
Trustee or director
2$0
SARAH NISIVACO MDCARDIAC PROGRAM RES REP
Trustee or director
2$0
ANEEZ AHMED MDTHORACIC CO-CHAIR
Trustee or director
2$0
FAIZ BHORA MDTHORACIC CO-CHAIR
Trustee or director
2$0
ALPER TOKERTHORACIC CO-CHAIR
Trustee or director
2$0
JOHANNES BODNERTHORACIC CO-CHAIR (6/24)
Trustee or director
2$0
ROBERT CERFOLIO MD MBATHORACIC CO-CHAIR (6/24)
Trustee or director
2$0
WING HUNG LAUTHORACIC CO-CHAIR (6/24)
Trustee or director
2$0
ANTONIO SIDERISTHORACIC CO-CHAIR (6/24)
Trustee or director
2$0
ANTONIOS PITSIS PHDCARDIAC CO-CHAIR (6/24)
Trustee or director
2$0
ANDREA AMABILECARDIAC CO-CHAIR (6/24)
Trustee or director
2$0
TOM C NGUYEN MDDIR-NORTH AMERICA (6/24)
Trustee or director
2$0
BRIAN MITZMANDIR-THORACIC (6/24)
Trustee or director
2$0
990 for the year ended December 31, 2023: 35 people
NameTitleHours / weekCompensation
NIV AD MDEDITOR
Trustee or director
2$30,000
NIKOLAOS BONAROS MDPRESIDENT/PR
Trustee or director, Officer
2$0
HUSAM H BALKHY MDPRESIDENT-EL
Trustee or director, Officer
2$0
GRY DAHLE MDVP/SECRETARY
Trustee or director, Officer
2$0
VINOD H THOURANI MDPAST PRES/PR
Trustee or director, Officer
2$0
JOERG KEMPFERT MDSECRETARY/DI
Trustee or director, Officer
2$0
NIRAV C PATEL MDTREASURER
Trustee or director, Officer
2$0
ABBAS E ABBAS MDTREASURER-EL
Trustee or director, Officer
2$0
JOHANNES BODNERTHORACIC PRO
Trustee or director
2$0
ROBERT CERFOLIO MD MBATHORACIC PRO
Trustee or director
2$0
WING HUNG LAUTHORACIC PRO
Trustee or director
2$0
ANTONIOS SIDERISTHORACIC PRO
Trustee or director
2$0
ANTONIOS PITSIS PHDCARDIAC PROG
Trustee or director
2$0
SABINE BLEIZIFFERCARDIAC PROG
Trustee or director
2$0
ANDREA AMABILECARDIAC PROG
Trustee or director
2$0
JORGE M CATRIP TORRES MDAT LARGE DIR
Trustee or director
2$0
STEPHAN CERNY MD PHDAT-LARGE DIR
Trustee or director
2$0
KEITA KIKUCHI MD PHDDIRECTOR
Trustee or director
2$0
SAHIN SENAY PROFDIRECTOR
Trustee or director
2$0
ERIC J LEHR MD PHDDIRECTOR
Trustee or director
2$0
TOM C NGUYEN MDDIRECTOR
Trustee or director
2$0
MARC RUEL MD MPHDIRECTOR
Trustee or director
2$0
PEYMAN SARDARI NIA MD PHDDIRECTOR
Trustee or director
2$0
JOSEPH ZACHARIAS MDDIRECTOR
Trustee or director
2$0
SATHYAKI NAMBALADIRECTOR
Trustee or director
2$0
SHARON BEN-OR MDDIRECTOR
Trustee or director
2$0
BRIAN MITZMANDIRECTOR
Trustee or director
2$0
JENS C RUECKERT MDDIRECTOR
Trustee or director
2$0
BOB B KIAII MDPAST PRES (6
Trustee or director, Officer
2$0
JOEL DUNNING MDDIRECTOR (6/
Trustee or director
2$0
CALVIN S NG MDDIRECTOR (6/
Trustee or director
2$0
JAMES EDELMANCARDIAC COCH
Trustee or director
2$0
JESSICA FORCILLOCARDIAC COCH
Trustee or director
2$0
PETER KNEUERTZ MDTHOR CO-CHR
Trustee or director
2$0
ERIC SCEUSITHOR CO-CHR
Trustee or director
2$0

Address and contacts

Address (IRS master file)
500 CUMMINGS CTR STE 4400, BEVERLY, MA 01915-6518
In care of
% GARY CROWE
Principal officer (990 for 2024)
HUSAM H BALKHY MD, 500 CUMMINGS CENTER SUITE 4400, BEVERLY, MA 01915
Signed the 990
ABBAS ABBAS MD, TREASURER
Phone
(978) 927-8330
Return prepared by
GRASSI & CO CPA'S PC

Mission

TO ENGAGE IN, ASSIST, AND CONTRIBUTE TO THE SUPPORT OF EXCLUSIVELY SCIENTIFIC, EDUCATIONAL, OR CHARITABLE ACTIVITIES AND PROJECTS.

990 for the year ended December 31, 2024

Program accomplishments

  • MEETINGS - TO PROVIDE A FORUM FOR DEVELOPMENT OF THE MEDICAL SUBSPECIALTY OF MINIMALLY INVASIVE CARDIOTHORACIC AND CARDIOVASCULAR SURGERY.
    Expenses $538,501 · grants $7,033 · revenue $469,977
  • PUBLICATIONS - TO PROVIDE AN AUDIENCE FOR THE SCIENTIFIC EVALUATION OF NEW AND INNOVATIVE MINIMALLY INVASIVE SURGICAL TECHNIQUES AND TECHNOLOGY.
    Expenses $151,718 · revenue $31,630
  • COMMITTEES - THE SOCIETY ASSEMBLES COMMITTEES TO HELP ORGANIZE AND OPERATE VARIOUS FUNCTIONS OF THE SOCIETY.
    Expenses $38,940
  • GRANTS AND CONTRIBUTIONS - SUBRAMANIAN AWARD, GRUNDEMAN AWARD, AND CHITWOOD AWARD.
    Expenses $22,875 · grants $22,875

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
41-1889746
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1999
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Medical research (H43)
Assets (IRS master file)
$865,624
Income (IRS master file)
$1,119,315

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,115,168$1,036,445$865,624XML
990December 2023$981,848$951,621$755,731XML
990December 2022$839,125$987,483$740,358IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 41-1889746).

Questions about INTERNATIONAL SOCIETY FOR MINIMALLY INVASIVE CARDIAC SURGERY

What is the EIN of INTERNATIONAL SOCIETY FOR MINIMALLY INVASIVE CARDIAC SURGERY?
The employer identification number (EIN) of INTERNATIONAL SOCIETY FOR MINIMALLY INVASIVE CARDIAC SURGERY is 41-1889746.
Is INTERNATIONAL SOCIETY FOR MINIMALLY INVASIVE CARDIAC SURGERY tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1999.
Are donations to INTERNATIONAL SOCIETY FOR MINIMALLY INVASIVE CARDIAC SURGERY tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does INTERNATIONAL SOCIETY FOR MINIMALLY INVASIVE CARDIAC SURGERY file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of INTERNATIONAL SOCIETY FOR MINIMALLY INVASIVE CARDIAC SURGERY due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did INTERNATIONAL SOCIETY FOR MINIMALLY INVASIVE CARDIAC SURGERY last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of INTERNATIONAL SOCIETY FOR MINIMALLY INVASIVE CARDIAC SURGERY?
The 990 for the year ended December 31, 2024 names HUSAM H BALKHY MD.
Who are the officers and directors of INTERNATIONAL SOCIETY FOR MINIMALLY INVASIVE CARDIAC SURGERY?
The 990 for the year ended December 31, 2024 lists 36 people; 1 received compensation from the organization, the highest $50,000 (NIV AD MD, EDITOR).
How much revenue does INTERNATIONAL SOCIETY FOR MINIMALLY INVASIVE CARDIAC SURGERY have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,115,168, expenses of $1,036,445 and total assets of $865,624 at year end.

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