ASSOCIATION OF BLACK CARDIOLOGISTS INC

EIN: 953959283 501(c)(3) Diseases & Disorders

WASHINGTON, DC

Total Revenue
$5,077,935
Total Expenses
$4,852,343
Total Assets
$5,207,686
Net Assets
$3,370,832
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Organization Details

Formation Year
1974
Legal Domicile
DC
Principal Officer
Cassandra A McCullough
Phone
2026294624
Tax Period
2023-01-01 to 2023-12-31

ASSOCIATION OF BLACK CARDIOLOGISTS INC, founded in 1974, is a community nonprofit in the Diseases & Disorders sector that reported $5.1M in total revenue in fiscal year 2023. Expenses of $4.9M left a modest 4% surplus.

Mission

TO CHAMPION THE ELIMINATION OF CARDIOVASCULAR DISPARITIES THROUGH EDUCATION, RESEARCH AND ADVOCACY.

Program Service Accomplishments

Program 1
Expenses: $1,945,517 Revenue: $0

CONTINUING MEDICAL EDUCATION - ORGANIZATION SPONSORED CONTINUING MEDICAL EDUCATION SYMPOSIA AND REGIONAL PROGRAMS ON THE PREVENTION AND TREATMENT OF CARDIOVASCULAR DISEASE FOR HEALTH CARE...

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CONTINUING MEDICAL EDUCATION - ORGANIZATION SPONSORED CONTINUING MEDICAL EDUCATION SYMPOSIA AND REGIONAL PROGRAMS ON THE PREVENTION AND TREATMENT OF CARDIOVASCULAR DISEASE FOR HEALTH CARE PROFESSIONALS. ADDITIONALLY, THE ABC CLINICAL TRIALS NETWORK (ABC CTN) PROVIDES INVESTIGATORS FROM MULTIPLE SPECIALTIES WITH UMPARALLELED ACCESS TO CLINICAL STUDIES OF INTEREST WHILE OFFERING INDUSTRY ONE-STOP ACCESS TO MULTIPLE INVESTIGATORS THAT ASCRIBE TO THE SAME STANDARD OF CLINICAL TRIAL CONDUCT.

Program 2
Expenses: $722,558 Revenue: $0

SPIRIT OF HEART COMMUNITY PROGRAMS - ORGANIZATION SPONSORED COMMUNITY PROGRAMS THAT ENCOURAGE COMMUNITY WIDE PARTICIPATION IN HEART DISEASE PREVENTION, EDUCATION, DETECTION AND LIFESTYLE CHANGES THAT...

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SPIRIT OF HEART COMMUNITY PROGRAMS - ORGANIZATION SPONSORED COMMUNITY PROGRAMS THAT ENCOURAGE COMMUNITY WIDE PARTICIPATION IN HEART DISEASE PREVENTION, EDUCATION, DETECTION AND LIFESTYLE CHANGES THAT CAN IMPROVE THE CARDIOVASCULAR HEALTH STATUS OF ALL COMMUNITIES, PRIMARILY THOSE WITH A MAJORITY OF AFRICAN AMERICAN RESIDENTS WHO REMAIN AT HIGHER RISK FOR HEART DISEASE AND STROKE WHEN COMPARED TO WHITE AMERICANS.

Program 3
Expenses: $675,120 Revenue: $0

ACCESS TO CARE AND TREATMENT INITIATIVE - ORGANIZATION IS WORKING AT THE LOCAL, STATE, AND FEDERAL LEVELS TO ELIMINATE DISPARITIES IN CARDIOVASCULAR DISEASE AND STROKE IN BLACKS AND OTHER MINORITIES...

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ACCESS TO CARE AND TREATMENT INITIATIVE - ORGANIZATION IS WORKING AT THE LOCAL, STATE, AND FEDERAL LEVELS TO ELIMINATE DISPARITIES IN CARDIOVASCULAR DISEASE AND STROKE IN BLACKS AND OTHER MINORITIES. ORGANIZATION ENDEAVORS TO BE A LEADING AUTHORITY FOR POLICYMAKERS ON ISSUES THAT IMPACT THE PRACTICE OF AND ACCESS TO CARDIOVASCULAR CARE IN ALL POPULATIONS, INCLUDING BY ADVOCATING FOR INITIATIVES AND PROGRAMS FOCUSED ON EDUCATION, PREVENTION, AND TREATMENT.

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $4,777,629
Program Service Revenue $7,339
Investment Income $26,357
Other Revenue $266,610
TOTAL REVENUE $5,077,935

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,117,123
Fundraising Expenses $751,179
Program Expenses $3,418,445
Other Expenses $3,575,867
TOTAL EXPENSES $4,852,343

Year-over-Year Comparison

2023 2022 Change
Revenue $5,077,935 $4,984,157 +0.0%
Expenses $4,852,343 $4,865,731 0.0%
Net Income $225,592 $118,426 +0.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
19
Independent Members
19
Employees
13
Volunteers
100

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
9
$665,088
Total Directors
21
$5,500
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KATHRYN HARRIS DIRECTOR 1.00
Director
$0 $0 $0
RICHARD ALLEN WILLIAMS DIRECTOR 1.00
Director
$0 $0 $0
MICHELLE JOHNSON DIRECTOR 1.00
Director
$0 $0 $0
RACHEL M BOND DIRECTOR 1.00
Director
$0 $0 $0
KEVIN F KWAKU DIRECTOR 1.00
Director
$0 $0 $0
MELISSA S BURROUGHS DIRECTOR 1.00
Director
$0 $0 $0
JOYCE GWENDOLYN TAYLOR DIRECTOR 1.00
Director
$0 $0 $0
MODELE OGUNNIYI DIRECTOR 1.00
Director
$1,000 $0 $1,000
MICHELLE JOHNSON DIRECTOR 1.00
Director
$0 $0 $0
SABRA C LEWSEY DIRECTOR 1.00
Director
$0 $0 $0
ANTHONY MFLETCHER PRESIDENT 1.00
Officer Director
$2,500 $0 $2,500
MARLENE WILLIAMS DIRECTOR 1.00
Director
$0 $0 $0
GLORIA WILSON SHELTON DIRECTOR 1.00
Director
$0 $0 $0
ELDRIN FLEWIS DIRECTOR 1.00
Director
$0 $0 $0
MARLENE WILLIAMS DIRECTOR 1.00
Director
$0 $0 $0
BARBARA HUTCHINSON BOARD CHAIR 1.00
Officer Director
$2,000 $0 $2,000
ANEKWE EONWUANYI PRESIDENT 1.00
Officer Director
$0 $0 $0
JOSEPH POKU TREASURER 1.00
Officer Director
$0 $0 $0
KEVIN SNEED SECRETARY 1.00
Officer Director
$0 $0 $0
MICHELLE ALBERT IMMEDIATE PAST PRESIDENT 1.00
Officer Director
$0 $0 $0
ELIZABETH OFILI IMMEDIATE PAST BOARD CHAIR 1.00
Officer Director
$0 $0 $0
LYNNETT R GLASS CHIEF OPERATING OFFICER 40.00
Officer
$174,268 $14,724 $188,992
CASSANDRA MCCULLOUGH CHIEF EXECUTIVE OFFICER 40.00
Officer
$450,274 $21,322 $471,596
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $5,077,935 $4,852,343 $5,207,686 $225,592
2022 $4,984,157 $4,865,731 $4,737,478 $118,426
2021 $3,024,726 $2,995,748 $5,163,466 $28,978
2020 $3,641,429 $2,594,883 $4,396,763 $1,046,546
2019 $3,212,687 $2,844,422 $2,847,433 $368,265
2018 $3,674,112 $3,636,272 $2,026,468 $37,840
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