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Filing year 2024

MIDWEST CARDIOVASCULAR RESEARCH FOUNDATION

Davenport, Iowa·EIN 05-0529623·NTEE H90 · Medical Research·501(c)(3)
Total revenue
$1.2M
Total assets
$1.9M
Total expenses
$1.2M
Reported officers
7
Mission

MIDWEST CARDIOVASCULAR RESEARCH FOUNDATION (MCRF) IS ENGAGED IN THE CONTINOUS ACTIVE CONDUCT OF MEDICAL RESEARCH, INCLUDING THE INVESTIGATIONS, EXPERIMENTS, AND STUDIES TO DISCOVER, DEVELOP OR VERIFY KNOWLEDGE RELATING TO THE CAUSES, DIAGNOSIS TREATMENT, PREVENTION OR CONTROL OF CARDIOVASCULAR DISEASE BY CONDUCTING THESE CLINICAL TRIALS.

Executive compensation

Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2024

Percentile bands compare each position's total pay with the same role at Medical Research organizations nationwide.

Director
Key Employee
10th to 25th percentile
$96k
$103k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 6 unpaid individuals.

Browse compensation in Medical Research

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at MIDWEST CARDIOVASCULAR RESEARCH FOUNDATION equaled 8% of the organization's total expenses. The median for medical research organizations is 10%.

This organization (2024)
8%
Sector median
10%
Middle half of sector
4% to 21%

Based on 1,118 medical research organizations, each measured at its most recent filing year with reported expenses and compensation.

Fell 16%
over 3 years

From $114k in 2021 to $96k in 2024.

$114k
2021
$120k
2023
$96k
2024
In today's dollarsEst.
Down 27% in real terms$141k to $103k

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Key Employee pay fell 16% from 2021 to 2024, while revenue rose 2%.

$114k in 2021 to $96k in 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2021 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

1
MIDWEST CARDIOVASCULAR RESEARCH FOUNDATION2024
$96k
2
NCMIC FOUNDATION INC2024
$2k
Compare compensation across all Medical Research organizations
FAQ

Common questions about MIDWEST CARDIOVASCULAR RESEARCH FOUNDATION

What does the Key Employee of MIDWEST CARDIOVASCULAR RESEARCH FOUNDATION earn?

In 2024, the Key Employee of MIDWEST CARDIOVASCULAR RESEARCH FOUNDATION received $96,000 in total compensation. This pay is in the bottom quarter for Key Employee roles among Medical Research organizations nationwide, above the lowest 10% of comparable filings. Based on IRS Form 990 data.

How does Key Employee pay at MIDWEST CARDIOVASCULAR RESEARCH FOUNDATION compare with similar nonprofits?

Compared with the same role at Medical Research organizations nationwide, the 2024 pay of the Key Employee at MIDWEST CARDIOVASCULAR RESEARCH FOUNDATION falls between the 10th and 25th percentiles. In 2024, the highest total compensation at MIDWEST CARDIOVASCULAR RESEARCH FOUNDATION equaled 8% of the organization's total expenses. The median for medical research organizations is 10%.

What are MIDWEST CARDIOVASCULAR RESEARCH FOUNDATION's revenue and expenses?

In 2024, MIDWEST CARDIOVASCULAR RESEARCH FOUNDATION reported $1.2M in total revenue and $1.2M in total expenses on its IRS Form 990.

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