Nonprofit · EIN 04-2694458
HEART RHYTHM SOCIETY INC
Tax-exempt · WASHINGTON, DC 20004
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| September 30, 2025 | 990 | $23,043,846 | $22,986,906 | $56,940 | $16,905,416 | $5,494,118 | $11,411,298 |
| September 30, 2024 | 990 | $20,793,263 | $21,411,296 | -$618,033 | $15,690,899 | $5,222,413 | $10,468,486 |
| September 30, 2023 | 990 | $19,305,479 | $21,516,749 | -$2,211,270 | $14,695,578 | $5,523,898 | $9,171,680 |
Financial details: 990 for the year ended September 30, 2025
Revenue
- Contributions, gifts and grants
- $5,041,077
- Program service revenue
- $16,426,987
- Investment income
- $559,329
- Royalties
- $1,093,146
- Net gain from sales of assets
- $190,966
- Net income from fundraising events
- -$91,293
- Other revenue
- $1,016,453
Expenses
- Grants and similar amounts paid
- $244,000
- Compensation of officers, directors and key employees
- $2,022,673
- Other salaries and wages
- $5,578,186
- Salaries, compensation and benefits (total)
- $9,544,044
- Professional fundraising fees
- $0
- Legal fees
- $46,205
- Accounting fees
- $153,983
- Occupancy
- $123,224
- Travel
- $1,072,203
- Depreciation
- $169,260
- Program services (functional)
- $18,796,090
- Management and general (functional)
- $3,001,084
- Fundraising (functional)
- $1,189,732
Balance sheet and other
- Total assets, start of year
- $15,690,899
- Total assets, end of year
- $16,905,416
- Total liabilities, end of year
- $5,494,118
- Net assets, end of year
- $11,411,298
- Land, buildings and equipment
- $376,243
- Publicly traded securities
- $14,190,187
- Net assets without donor restrictions
- $9,159,245
- Net assets with donor restrictions
- $2,252,053
- Gross unrelated business income
- $45,000
- Gross receipts
- $24,416,456
- Employees
- 56
- Volunteers
- 354
- Year formed
- 1980
- State of legal domicile
- MA
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 September 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| PATRICIA A BLAKE | CHIEF EXECUTIVE OFFICER Officer | 40 | $820,800 | $0 | $205,589 |
| TIMOTHY GREGORY | CHIEF GLOBAL & EDUCATION OFFICER Key employee | 40 | $322,331 | $0 | $84,091 |
| KENNETH J DEMITH | CHIEF EXPERIENCE OFFICER Key employee | 40 | $301,764 | $0 | $64,272 |
| ERIC BOOTH | CHIEF FINANCIAL OFFICER Officer | 39.8 | $303,910 | $156 | $54,754 |
| PAMELA E MAGNANI | CHIEF DEVELOPMENT & INNOVATION OFFICER Key employee | 40 | $273,603 | $0 | $29,925 |
| ANNE MARIE SMITH | SR. VICE PRESIDENT, PRACTICE IMPROVEMENT Highest-paid employee | 40 | $239,257 | $0 | $21,978 |
| KRISTOPHER J MURPHY | ASSOC. VP MEMBERSHIP, MKTG & COMMUNICATIONS Highest-paid employee | 39.8 | $216,554 | $112 | $38,675 |
| LORI MONTELEONE | ASSOCIATE VICE PRESIDENT, HRS PUBLICATIONS Highest-paid employee | 40 | $190,581 | $0 | $46,600 |
| GERMAINE A LUTMAN SCHAEFER | ASSOCIATE VP MEETINGS & EVENTS Highest-paid employee | 40 | $216,669 | $0 | $17,047 |
| STEPHEN SYE | VICE PRESIDENT, INFORMATION TECHNOLOGY Highest-paid employee | 40 | $205,270 | $0 | $23,783 |
| SUSAN P ETHERIDGE MD FHRS CEPS-P | MEMBER Trustee or director | 2.5 | $2,075 | $0 | $0 |
| ELAINE Y WAN MD FHRS | MEMBER Trustee or director | 2.5 | $2,000 | $0 | $0 |
| KAMALA P TAMIRISA MD FHRS | MEMBER Trustee or director | 2.5 | $2,000 | $0 | $0 |
| SANA M AL-KHATIB MD MHS FHRS | PRESIDENT - ELECT Trustee or director, Officer | 5 | $2,000 | $0 | $0 |
| RAKESH GOPINATHANNAIR MBA MD FHRS | MEMBER Trustee or director | 2.5 | $1,500 | $0 | $0 |
11 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CHRISTOPHER F LIU MD FHRS | MEMBER Trustee or director | 2.5 | $0 |
| DANIEL P MORIN MD MPH FHRS | ABSTRACT CHAIR Trustee or director | 2.5 | $0 |
| DHANUNJAYA R LAKKIREDDY MBA MD FH | VICE PRESIDENT/ PROGRAM CHAIR Trustee or director, Officer | 5 | $0 |
| JAGMEET P SINGH MD PHD FHRS | TREASURER/SECRETARY Trustee or director, Officer | 2.5 | $0 |
| JUNAID AB ZAMAN MA MD PHD CCDS | MEMBER Trustee or director | 2.5 | $0 |
| KENNETH A ELLENBOGEN MD FHRS | PAST PRESIDENT Trustee or director, Officer | 5 | $0 |
| KRISTEN B CAMPBELL PHARMD FHRS | MEMBER Trustee or director | 2.5 | $0 |
| LUIGI DI BIASE MD PHD FHRS | MEMBER Trustee or director | 2.5 | $0 |
| MINA K CHUNG MD FHRS | PRESIDENT Trustee or director, Officer | 11 | $0 |
| NATALIA A TRAYANOVA PHD FHRS | MEMBER Trustee or director | 2.5 | $0 |
| PRASHANTHAN SANDERS MBBS PHD FHRS | MEMBER Trustee or director | 2.5 | $0 |
990 for the year ended September 30, 2024: 35 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| PATRICIA A BLAKE | CHIEF EXECUTIVE OFFICER Officer | 40 | $854,969 | $0 | $195,401 |
| TIMOTHY GREGORY | CHIEF LEARNING OFFICER Key employee | 40 | $292,257 | $0 | $67,198 |
| ERIC BOOTH | CHIEF FINANCIAL OFFICER Officer | 39.9 | $279,018 | $429 | $49,352 |
| KENNETH J DEMITH | CHIEF EXPERIENCE OFFICER Key employee | 39 | $273,924 | $7,578 | $29,408 |
| SIMINTHA ESSON | CHIEF STRATEGY OFFICER THRU 10/27/23 Key employee | 40 | $267,855 | $0 | $39,918 |
| ANNE MARIE SMITH | VICE PRESIDENT, ED PRACTICE IMPROVEMENT Highest-paid employee | 40 | $226,616 | $0 | $46,543 |
| PAMELA E MAGNANI | CHIEF DEVELOPMENT & INNOVATION OFFICER Key employee | 40 | $231,821 | $0 | $25,421 |
| GERMAINE A LUTMAN SCHAEFER | ASSOC. VP, MEETINGS & EVENTS Highest-paid employee | 40 | $205,091 | $0 | $35,480 |
| KRISTOPHER J MURPHY | ASSOC. VP, MEMBERSHIP & MARKETING COMMUNICATIONS Highest-paid employee | 39.9 | $195,887 | $706 | $33,763 |
| STEPHEN SYE | ASSOC. VP, DIGITAL PLATFORMS & DATA ARCHITECTURE Highest-paid employee | 40 | $181,607 | $0 | $27,190 |
| LORI MONTELEONE | ASSOC. VP, PUBLICATIONS & SR. MANAGING EDITOR Highest-paid employee | 40 | $173,997 | $0 | $34,679 |
| SANA M AL-KHATIB MD MHS FHRS CCDS | 2ND VICE PRESIDENT Trustee or director, Officer | 5 | $4,500 | $0 | $0 |
| RAKESH GOPINATHANNAIR MA MD FHRS | MEMBER Trustee or director | 2.5 | $1,500 | $0 | $0 |
| SUSAN P ETHERIDGE MD FHRS CEPS-P | MEMBER Trustee or director | 2.5 | $900 | $0 | $0 |
| JODIE L HURWITZ | PRESIDENT Trustee or director, Officer | 11 | $0 | $0 | $0 |
| ANDREW D KRAHN MD FHRS | IMMEDIATE PAST PRESIDENT Trustee or director, Officer | 5 | $0 | $0 | $0 |
| KENNETH A ELLENBOGEN MD FHRS | PRESIDENT-ELECT Trustee or director, Officer | 5 | $0 | $0 | $0 |
| MINA K CHUNG MD FHRS | IST VICE PRESIDENT Trustee or director, Officer | 5 | $0 | $0 | $0 |
| JOHN K TRIEDMAN MD FHRS CEPS-P | SECRETARY/TREASURER Trustee or director, Officer | 2.5 | $0 | $0 | $0 |
| JAGMEET P SINGH MD PHD FHRS | MEMBER Trustee or director | 2.5 | $0 | $0 | $0 |
| BRYNN E DECHERT-CROOKS APN FHRS CCD | MEMBER Trustee or director | 2.5 | $0 | $0 | $0 |
| JONATHAN P PICCINI SR MD MHS FHRS | MEMBER Trustee or director | 2.5 | $0 | $0 | $0 |
| SUNNY S PO MD PHD FHRS | MEMBER Trustee or director | 2.5 | $0 | $0 | $0 |
| LUIGI DI BIASE MD PHD FHRS | MEMBER Trustee or director | 2.5 | $0 | $0 | $0 |
| DANIEL P MORIN MD MPH FHRS | MEMBER Trustee or director | 2.5 | $0 | $0 | $0 |
| KRISTEN B CAMPBELL PHARMD | MEMBER Trustee or director | 2.5 | $0 | $0 | $0 |
| KAMALA P TAMIRISA MD FHRS | MEMBER Trustee or director | 2.5 | $0 | $0 | $0 |
| ELAINE Y WAN MD FHRS | MEMBER Trustee or director | 2.5 | $0 | $0 | $0 |
| PATRICK BOYLE BS PHD FHRS | MEMBER Trustee or director | 2.5 | $0 | $0 | $0 |
| DHAUNUNJAYA R LAKKIREDDY MDFHRS | MEMBER Trustee or director | 2.5 | $0 | $0 | $0 |
| ERIC S ZADO PAC FHRS | MEMBER Trustee or director | 2.5 | $0 | $0 | $0 |
| DAVID S FRANKEL MD FHRS | MEMBER Trustee or director | 2.5 | $0 | $0 | $0 |
| NASSIR F MARROUCHE MD FHRS | MEMBER Trustee or director | 2.5 | $0 | $0 | $0 |
| EMILY P ZEITLER MD MHS | MEMBER Trustee or director | 2.5 | $0 | $0 | $0 |
| FRED M KUSUMOTO MD FHRS | 2ND PAST PRESIDENT Trustee or director | 5 | $0 | $0 | $0 |
990 for the year ended September 30, 2023: 29 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| PATRICIA A BLAKE | CHIEF EXECUTIVE OFFICER Officer | 40 | $619,839 | $0 | $189,690 |
| TIMOTHY GREGORY | CHIEF LEARNING OFFICER Key employee | 40 | $268,762 | $0 | $69,568 |
| ERIC BOOTH | CHIEF FINANCIAL OFFICER Officer | 40 | $266,757 | $0 | $47,152 |
| KENNETH J DEMITH | CHIEF EXPERIENCE OFFICER Key employee | 39.7 | $265,167 | $2,056 | $45,677 |
| SIMINTHA ESSON | CHIEF STRATEGY OFFICER Key employee | 40 | $260,005 | $0 | $43,458 |
| DAVID S RAIMIST | ASSOCIATE VP, MEMBER ENG & DATA Highest-paid employee | 39 | $206,675 | $2,793 | $60,798 |
| ANNE MARIE SMITH | VICE PRESIDENT, PRACTICE IMPROVEMENT Highest-paid employee | 40 | $221,258 | $0 | $18,466 |
| GERMAINE A LUTMAN SCHAEFER | ASSOCIATE VP MEETINGS OPERATIONS Highest-paid employee | 40 | $200,554 | $0 | $32,435 |
| PAMELA E MAGNANI | ASSOCIATE VP,EDUCATION Highest-paid employee | 40 | $207,845 | $0 | $21,166 |
| KRISTOPHER J MURPHY | ASSOCIATE VP MKTG & COMMUNICATIONS Highest-paid employee | 39.9 | $182,839 | $564 | $29,268 |
| SANA M AL-KHATIB MD MHSFHRS CCD | 2ND VICE PRESIDENT (5/23 TO 9/23) Trustee or director, Officer | 2 | $4,500 | $0 | $0 |
| KENNETH A ELLENBOGEN MD FHRS | PRESIDENT-ELECT (5/23 TO 9/23) Trustee or director, Officer | 3 | $750 | $0 | $0 |
| JODIE L HURWITZ MD FHRS | PRESIDENT (5/23 TO 9/23) Trustee or director, Officer | 11 | $0 | $0 | $0 |
| ANDREW D KRAHN MD FHRS | IMMEDIATE PAST PRESIDENT (5/23 TO 9/23) Trustee or director, Officer | 5 | $0 | $0 | $0 |
| MINA K CHUNG MD FHRS | 1ST VICE PRESIDENT (5/23 TO 9/23) Trustee or director, Officer | 3 | $0 | $0 | $0 |
| JOHN K TRIEDMAN MD FHRS CEPS-P | SECRETARY-TREASURER (5/23 TO 9/23) Trustee or director, Officer | 5 | $0 | $0 | $0 |
| DAVID S FRANKEL MD FHRS | MEMBER Trustee or director | 2 | $0 | $0 | $0 |
| DHANUNJAYA R LAKKIREDDY MD | MEMBER Trustee or director | 2 | $0 | $0 | $0 |
| NASSIR F MARROUCHE MD FHRS | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| JAGMEET P SINGH MD PHD FHRS | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| BRYNN E DECHERT-CROOKS APN | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| JONATHAN P PICCINI SRMDMHSFH | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| SUNNY S PO MD PHD FHRS | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| ERICA S ZADO PAC FHRS | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| LUIGI DI BIASE MD PHD FHRS | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| SUSAN P ETHERIDGE MD FHRS | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| DANIEL P MORIN MD MPH FHRS | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| EMILY P ZEITLER MD MHS | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| FRED M KUSUMOTO MD FHRS | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1455 PENNSYLVANIA AVE NW STE 400, WASHINGTON, DC 20004-1017
- In care of
- % JAMES YOUNGBLOOD
- Principal officer (990 for 2024)
- TIMOTHY GREGORY, 1455 PENNSYLVANIA AVE NW 400, WASHINGTON, DC 20004
- Signed the 990
- TIMOTHY GREGORY, INTERIM CHIEF EXECUTIVE OFFICER
- Phone
- (202) 464-3400
- Website
- WWW.HRSONLINE.ORG
- Return prepared by
- SB & COMPANY LLC
Mission
TO IMPROVE THE CARE OF PATIENTS BY PROMOTING EDUCATION, RESEARCH AND OPTIMAL HEALTH CARE POLICIES AND STANDARDS. VISION: TO END DEATH AND SUFFERING DUE TO HEART RHYTHM DISORDERS.
Program accomplishments
- MEETINGS:HRS2025 IS THE SOCIETY'S ANNUAL MEETING, CONVENING THE WORLD'S MOST NOTED EXPERTS IN CARDIAC RHYTHM MANAGEMENT. THE 3-DAY EDUCATIONAL HYBRID EVENT HAS AN ATTENDANCE OF APPROXIMATELY 6,000 FROM 68 COUNTRIES AND OFFERS OVER 250 EDUCATIONAL SESSIONS COVERING TOPICS SUCH AS PACING, DEFIBRILLATION, CLINICAL ARRHYTHMIA MANAGEMENT, ABLATION, PHARMACOLOGY, GENETICS, BASIC SCIENCE, AND HEALTH POLICY. PARTICIPANTS ALSO BENEFIT FROM EXPERIENCES WITH STATE-OF-THE-ART TECHNOLOGY IN AN EXHIBIT HALL FEATURING OVER 100 COMPANIES. THERE WAS ALSO ONLINE PARTICIPATION AVAILABLE, BOTH EXCLUSIVELY OR AS AN AUGMENTATION TO THE IN-PERSON EXPERIENCE.HRX IS THE SOCIETY'S GROUNDBREAKING CARDIOVASCULAR INNOVATION EVENT THAT DRAWS AN INTERNATIONAL AUDIENCE OF HEALTH CARE PROFESSIONALS FOCUSED ON CARDIOVASCULAR HEALTH AND RHYTHM MANAGEMENT EMPHASIZING INNOVATIONS IN CARDIOLOGY. THIS ANNUAL EVENT FEATURED INDUSTRY CHAMPIONS DISPLAYING THEIR BREAKTHROUGH PRODUCTS TO OUR AUDIENCE OF PHYSICIANS AND ALLIED HEALTH PROFESSIONALS. THE UNIQUE ALL-IN-ONE ROOM LAYOUT ALLOWED THE ATTENDEES AND SPONSORS TO INTERACT THROUGHOUT THE 3-DAY NON-ACE EVENT.Expenses $6,683,961 · grants $34,500 · revenue $11,247,918
- MARKETING, COMMUNICATIONS & MEMBERSHIP: THE SOCIETY REPRESENTS OVER 7,500 HEART RHYTHM PROFESSIONALS IN MORE THAN 90 COUNTRIES. IT FACILITATES PEER TO PEER EDUCATION, ELEVATES SCIENCE WITHIN THE FIELD OF ELECTROPHYSIOLOGY, AND RAISES AWARENESS OF HEART RHYTHM DISORDERS, INCLUDING SUDDEN CARDIAC ARREST, ATRIAL FIBRILLATION AND HEART FAILURE. HEART RHYTHM, HEART RHYTHM CASE REPORTS, CARDIOVASCULAR DIGITAL HEALTH JOURNAL AND HEART RHYTHM O2 ARE THE OFFICIAL PUBLICATIONS OF THE SOCIETY. HRSONLINE.ORG, HEARTRHYTHM.COM, CARDIQ.ORG, UPBEAT.ORG, HEARTRHYTHM365.ORG, AND EXPERIENCEHRX.COM ARE THE OFFICIAL WEBSITES OF THE SOCIETY.Expenses $5,335,507 · grants $2,000 · revenue $2,786,989
- EDUCATION:THE HEART RHYTHM SOCIETY PROVIDES LEARNING EXPERIENCES FOR HEART RHYTHM PROFESSIONALS BASED ON CLINICAL PRACTICE DATA, RESULTING IN IMPROVED PROFESSIONAL COMPETENCE, CLINICAL PRACTICE, AND CARE OF PATIENTS WITH HEART RHYTHM DISORDERS. IN THIS EFFORT, THE SOCIETY USES INNOVATIVE TEACHING METHODS AND ADVANCED TECHNOLOGIES TO PROVIDE SUPERIOR YEAR-ROUND EDUCATION INCLUDING LIVE COURSES AND DISTANCE LEARNING. THE SOCIETY AWARDS RESEARCH FELLOWSHIP SCHOLARSHIPS TO INDIVIDUALS INTERESTED IN CLINICAL AND BASIC RESEARCH RELATED TO THE LATEST ADVANCES IN ELECTROPHYSIOLOGY.Expenses $6,227,455 · grants $207,500 · revenue $1,623,289
- HEALTH, POLICY, AND OTHERExpenses $549,167 · revenue $768,791
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 September, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | September 30, 2026 | February 16, 2027 | Not due yet |
| 2024 | September 30, 2025 | February 17, 2026 | 990 on file |
| 2023 | September 30, 2024 | February 18, 2025 | 990 on file |
IRS record
- EIN
- 04-2694458
- 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
- 1980
- Accounting year ends
- September
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $16,905,416
- Income (IRS master file)
- $24,416,456
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | September 2025 | $23,043,846 | $22,986,906 | $16,905,416 | XML |
| 990-T | September 2025 | – | – | – | IRS |
| 990 | September 2024 | $20,793,263 | $21,411,296 | $15,690,899 | XML |
| 990-T | September 2024 | – | – | – | IRS |
| 990 | September 2023 | $19,305,479 | $21,516,749 | $14,695,578 | XML |
| 990-T | September 2023 | – | – | – | IRS |
| 990 | September 2022 | $17,863,726 | $18,824,959 | $14,704,509 | IRS |
| 990-T | September 2022 | – | – | – | IRS |
| 990 | September 2021 | – | – | – | IRS |
| 990-T | September 2021 | – | – | – | IRS |
| 990 | September 2020 | – | – | – | IRS |
| 990 | September 2019 | – | – | – | 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 04-2694458).
Questions about HEART RHYTHM SOCIETY INC
- What is the EIN of HEART RHYTHM SOCIETY INC?
- The employer identification number (EIN) of HEART RHYTHM SOCIETY INC is 04-2694458.
- Is HEART RHYTHM SOCIETY INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1980.
- Are donations to HEART RHYTHM SOCIETY INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does HEART RHYTHM SOCIETY INC 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 HEART RHYTHM SOCIETY INC due?
- The return for tax year 2025 (the year ending September 30, 2026) is due February 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did HEART RHYTHM SOCIETY INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended September 2025.
- Who is the principal officer of HEART RHYTHM SOCIETY INC?
- The 990 for the year ended September 30, 2025 names TIMOTHY GREGORY.
- Who are the officers and directors of HEART RHYTHM SOCIETY INC?
- The 990 for the year ended September 30, 2025 lists 26 people; 15 received compensation from the organization, the highest $820,800 (PATRICIA A BLAKE, CHIEF EXECUTIVE OFFICER).
- How much revenue does HEART RHYTHM SOCIETY INC have?
- On its 990 for the year ended September 30, 2025 it reported revenue of $23,043,846, expenses of $22,986,906 and total assets of $16,905,416 at year end.
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