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Nonprofit · EIN 20-2597925

CARDIOVASCULAR & IMAGING RESEARCH FOUNDATION OF NY

Tax-exempt (reinstated) · LLOYD HARBOR, NY 11743

Financials

$91K$398K2023$87K$667K2024$103K$347K2025
Revenue Expenses · by fiscal year end
Financials of CARDIOVASCULAR & IMAGING RESEARCH FOUNDATION OF NY by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$103,198$347,067-$243,869$177,622$0$177,622
December 31, 2024990$86,901$667,120-$580,219$421,491$0$421,491
December 31, 2023990$90,731$398,402-$307,671$1,001,710$0$1,001,710
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$99,691
Program service revenue
$0
Investment income
$557
Royalties
$2,950
Other revenue
$2,950

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$230,000
Other salaries and wages
$50,000
Salaries, compensation and benefits (total)
$299,938
Professional fundraising fees
$0
Legal fees
$19,725
Travel
$160
Program services (functional)
$310,824
Management and general (functional)
$36,243

Balance sheet and other

Total assets, start of year
$421,491
Total assets, end of year
$177,622
Total liabilities, end of year
$0
Net assets, end of year
$177,622
Gross receipts
$103,198
Employees
3
Volunteers
5
Year formed
2005
State of legal domicile
NY

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, 2025, highest compensation first.

NameTitleHours / weekCompensation
Michael PoonPrincipal Investigator
Highest-paid employee
15$200,000
Michael J CortegianoTreasurer
Officer
15$30,000
Charles GarganoDrector
Trustee or director
2$0
Howard PrintzDirector
Trustee or director
2$0
Gerald RausnitzDirector
Trustee or director
2$0
David RausnitzPresident
Officer
3$0
990 for the year ended December 31, 2024: 7 people
NameTitleHours / weekCompensation
Michael PoonPrincipal Investigator
Highest-paid employee
14$200,000
Pamela NoackResearch Director and Investigator
Key employee
10$100,000
Michael J CortegianoTreasurer
Officer
10$30,000
Charles GarganoDrector
Trustee or director
1$0
Howard PrintzDirector
Trustee or director
1$0
Gerald RausnitzDirector
Trustee or director
1$0
David RausnitzPresident
Officer
2$0
990 for the year ended December 31, 2023: 7 people
NameTitleHours / weekCompensation
Michael PoonPrincipal Investigator
Highest-paid employee
14$200,000
Pamela NoackResearch Director and Investigator
Key employee
10$100,000
Michael J CortegianoTreasurer
Officer
10$30,000
Charles GarganoDrector
Trustee or director
1$0
Howard PrintzDirector
Trustee or director
1$0
Gerald RausnitzDirector
Trustee or director
1$0
David RausnitzPresident
Officer
2$0

Address and contacts

Address (IRS master file)
12 SEA CREST DR, LLOYD HARBOR, NY 11743-9765
In care of
% MICHAEL POON MD
Mailing address (990-N for 2012)
50 Davids Drive, Hauppauge NY 11788
Principal officer (990 for 2025)
David Rausnitz, 2821South Bayshore Drive, APT 7A, Miami, FL 33133
Principal officer (990-N for 2012)
Michael Poon, 21 The Parkway, Harrington Park NJ 07640
Signed the 990
Michael Cortegiano, Treasurer
Phone
(516) 241-1314

Mission

Cardiovascular & Imaging Research Foundation of New York's mission statement is to support medical research and education and other projects aimed at treating and preventing cardiovascular diseases.

990 for the year ended December 31, 2025

Program accomplishments

  • Retrospective clinical trial to assess long term cardiac effects after COVID diagnosis with Coronary CT Angiography both pre and post COVID diagnosis
    Expenses $93,247
  • Retrospective clinical trial to assess diagnostic accuracy of Artificial Intelligence software verse coronary CT Angiography in an outpatient physician office setting
    Expenses $155,412
  • Evaluate a new design for the treatment of various coronary disease with enhanced external counter pulsation therapy
    Expenses $62,165

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, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
20-2597925
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2014
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Medical research (H43)
Assets (IRS master file)
$177,622
Income (IRS master file)
$103,198

Revocation and reinstatement

Exemption revoked
May 15, 2013
Posted by the IRS
August 12, 2013
Reinstated
Effective May 15, 2013

From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$103,198$347,067$177,622XML
990December 2024$86,901$667,120$421,491IRS
990December 2023$90,731$398,402$1,001,710XML
990December 2022$179,560$382,859$1,312,848IRS
990December 2021–––IRS
990December 2020–––IRS
990-N for 2012
Officer: Michael Poon
December 31, 2012≤ $50,000 receipts––e-Postcard

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 20-2597925).

Questions about CARDIOVASCULAR & IMAGING RESEARCH FOUNDATION OF NY

What is the EIN of CARDIOVASCULAR & IMAGING RESEARCH FOUNDATION OF NY?
The employer identification number (EIN) of CARDIOVASCULAR & IMAGING RESEARCH FOUNDATION OF NY is 20-2597925.
Is CARDIOVASCULAR & IMAGING RESEARCH FOUNDATION OF NY tax-exempt?
Yes. The IRS revoked its exemption on May 15, 2013 and reinstated it effective May 15, 2013.
Are donations to CARDIOVASCULAR & IMAGING RESEARCH FOUNDATION OF NY tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does CARDIOVASCULAR & IMAGING RESEARCH FOUNDATION OF NY 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 CARDIOVASCULAR & IMAGING RESEARCH FOUNDATION OF NY due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did CARDIOVASCULAR & IMAGING RESEARCH FOUNDATION OF NY last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of CARDIOVASCULAR & IMAGING RESEARCH FOUNDATION OF NY?
The 990 for the year ended December 31, 2025 names David Rausnitz.
Who are the officers and directors of CARDIOVASCULAR & IMAGING RESEARCH FOUNDATION OF NY?
The 990 for the year ended December 31, 2025 lists 6 people; 2 received compensation from the organization, the highest $200,000 (Michael Poon, Principal Investigator).
How much revenue does CARDIOVASCULAR & IMAGING RESEARCH FOUNDATION OF NY have?
On its 990 for the year ended December 31, 2025 it reported revenue of $103,198, expenses of $347,067 and total assets of $177,622 at year end.

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