Nonprofit · EIN 27-4396698
THE STERN CARDIOVASCULAR FOUNDATION INC
Tax-exempt · GERMANTOWN, TN 38138
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| September 30, 2025 | 990 | $63,411,419 | $116,605,149 | -$53,193,730 | $20,441,790 | $414,801,181 | -$394,359,391 |
| September 30, 2024 | 990 | $61,270,919 | $110,589,164 | -$49,318,245 | $17,815,133 | $358,981,036 | -$341,165,903 |
| September 30, 2023 | 990 | $58,783,358 | $100,610,776 | -$41,827,418 | $19,498,337 | $311,345,995 | -$291,847,658 |
Financial details: 990 for the year ended September 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $62,401,493
- Investment income
- $98,576
- Other revenue
- $911,350
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $15,076,658
- Other salaries and wages
- $65,714,724
- Salaries, compensation and benefits (total)
- $93,530,518
- Professional fundraising fees
- $0
- Legal fees
- $89,332
- Occupancy
- $3,051,593
- Travel
- $348,060
- Depreciation
- $797,686
- Program services (functional)
- $109,249,181
- Management and general (functional)
- $7,355,968
Balance sheet and other
- Total assets, start of year
- $17,815,133
- Total assets, end of year
- $20,441,790
- Total liabilities, end of year
- $414,801,181
- Net assets, end of year
- -$394,359,391
- Land, buildings and equipment
- $3,020,221
- Net assets without donor restrictions
- -$394,359,391
- Gross unrelated business income
- $911,350
- Gross receipts
- $63,411,419
- Employees
- 587
- Volunteers
- 0
- Year formed
- 2010
- State of legal domicile
- TN
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 |
|---|---|---|---|---|---|
| STEVEN S GUBIN MD | PHYSICIAN/PRESIDENT/EX-OFFICIO Trustee or director, Officer | 40 | $2,213,565 | $0 | $79,446 |
| TODD D EDWARDS MD | PHYSICIAN/DIRECTOR Trustee or director | 40 | $2,121,881 | $0 | $98,943 |
| DAVID Z LAN MD | PHYSICIAN Highest-paid employee | 40 | $2,063,171 | $0 | $94,936 |
| DHARMESH PATEL MD | PHYSICIAN Highest-paid employee | 40 | $1,722,688 | $0 | $95,222 |
| GREGORY M DUCKETT | SECRETARY Officer | 0.17 | $0 | $1,667,844 | $92,287 |
| GARY C ANDERSON | DIRECTOR Trustee or director | 0.17 | $0 | $1,674,623 | $85,263 |
| ARSALAN SHIRWANY MD | PHYSICIAN/DIRECTOR Trustee or director | 40 | $1,615,197 | $0 | $72,442 |
| ARIE SZATKOWSKI MD | PHYSICIAN/DIRECTOR Trustee or director | 38.85 | $1,583,539 | $0 | $94,462 |
| JUSTIN MAY MD | PHYSICIAN Highest-paid employee | 40 | $1,535,929 | $0 | $60,728 |
| CHRISTOPHER INGELMO MD | PHYSICIAN/DIRECTOR Trustee or director | 40 | $1,469,523 | $0 | $91,929 |
| MARK STRONG MD | PHYSICIAN Highest-paid employee | 40 | $1,433,886 | $0 | $69,429 |
| AMIT MALHOTRA MD | PHYSICIAN Highest-paid employee | 40 | $1,425,143 | $0 | $74,247 |
| MARK COPPESS MD | PHYSICIAN/DIRECTOR Trustee or director | 40 | $1,241,789 | $0 | $71,936 |
| JEFFREY KERLAN MD | PHYSICIAN/DIRECTOR Trustee or director | 40 | $1,045,098 | $0 | $81,430 |
| JOHN S GARDNER MD | PHYSICIAN/DIRECTOR Trustee or director | 40 | $1,037,847 | $0 | $75,306 |
4 more people on this return
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| BASIL PAULUS MD | PHYSICIAN/DIRECTOR Trustee or director | 40 | $942,342 | $0 | $82,171 |
| JUSTIN RHODES | DIRECTOR Trustee or director | 0.17 | $0 | $534,587 | $86,505 |
| DEBORAH EDDLESTONE | CEO Officer | 40 | $394,264 | $0 | $70,672 |
| MELISSA REAVES | CFO Officer | 40 | $235,508 | $0 | $58,946 |
990 for the year ended September 30, 2024: 20 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| TODD D EDWARDS MD | PHYSICIAN/DIRECTOR Trustee or director | 40 | $2,072,654 | $0 | $93,285 |
| STEVEN S GUBIN MD | PHYSICIAN/PRESIDENT/EX-OFFICIO Trustee or director, Officer | 40 | $1,936,311 | $0 | $76,034 |
| ARSALAN SHIRWANY MD | PHYSICIAN/DIRECTOR (AS OF 01/24) Trustee or director | 40 | $1,804,992 | $0 | $74,362 |
| DAVID Z LAN MD | PHYSICIAN Highest-paid employee | 40 | $1,656,702 | $0 | $94,260 |
| DHARMESH PATEL MD | PHYSICIAN Highest-paid employee | 40 | $1,620,260 | $0 | $96,197 |
| JUSTIN MAY MD | PHYSICIAN Highest-paid employee | 40 | $1,557,128 | $0 | $64,003 |
| ARIE SZATKOWSKI MD | PHYSICIAN/DIRECTOR Trustee or director | 38.85 | $1,479,030 | $0 | $92,002 |
| AMIT MALHOTRA MD | PHYSICIAN Highest-paid employee | 40 | $1,451,999 | $0 | $63,625 |
| MARK STRONG MD | PHYSICIAN Highest-paid employee | 40 | $1,439,254 | $0 | $75,784 |
| CHRISTOPHER INGELMO MD | PHYSICIAN/DIRECTOR Trustee or director | 40 | $1,328,805 | $0 | $90,987 |
| GREGORY M DUCKETT | SECRETARY Officer | 0.17 | $0 | $1,256,183 | $90,318 |
| GARY C ANDERSON | DIRECTOR Trustee or director | 0.17 | $0 | $1,212,139 | $88,606 |
| MARK E SWANSON MD | DIRECTOR Trustee or director | 0.17 | $0 | $1,195,822 | $24,823 |
| MARK COPPESS MD | PHYSICIAN/DIRECTOR Trustee or director | 40 | $1,126,907 | $0 | $85,264 |
| JOHN S GARDNER MD | PHYSICIAN/DIRECTOR Trustee or director | 40 | $1,003,337 | $0 | $81,103 |
| JEFFREY KERLAN MD | PHYSICIAN/DIRECTOR Trustee or director | 40 | $881,335 | $0 | $79,549 |
| BASIL PAULUS MD | PHYSICIAN/DIRECTOR Trustee or director | 40 | $780,810 | $0 | $76,546 |
| JUSTIN RHODES | DIRECTOR (AS OF 09/24) Trustee or director | 0.17 | $0 | $441,335 | $84,677 |
| DEBORAH EDDLESTONE | CEO Officer | 40 | $364,458 | $0 | $67,453 |
| MELISSA REAVES | CFO Officer | 40 | $223,200 | $0 | $53,176 |
990 for the year ended September 30, 2023: 19 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| TODD D EDWARDS MD | PHYSICIAN/DIRECTOR Trustee or director | 40 | $2,025,632 | $0 | $87,626 |
| DAVID Z LAN MD | PHYSICIAN Highest-paid employee | 40 | $1,900,048 | $0 | $92,520 |
| STEVEN S GUBIN MD | PHYSICIAN/PRESIDENT/EX-OFFICIO Trustee or director, Officer | 40 | $1,891,165 | $0 | $81,007 |
| DHARMESH PATEL MD | PHYSICIAN Highest-paid employee | 40 | $1,727,858 | $0 | $94,027 |
| ARIE SZATKOWSKI MD | PHYSICIAN/DIRECTOR Trustee or director | 38.85 | $1,454,151 | $0 | $89,920 |
| CHRISTOPHER INGELMO MD | PHYSICIAN/DIRECTOR Trustee or director | 40 | $1,430,152 | $0 | $82,329 |
| PAUL D DEPRIEST MD | DIRECTOR (THRU 08/23) Trustee or director | 0.17 | $0 | $1,407,602 | $87,814 |
| AMIT MALHOTRA MD | PHYSICIAN Highest-paid employee | 40 | $1,417,430 | $0 | $70,803 |
| GILBERT ZOGHBI MD | PHYSICIAN Highest-paid employee | 40 | $1,384,509 | $0 | $87,538 |
| JUSTIN MAY MD | PHYSICIAN Highest-paid employee | 40 | $1,401,391 | $0 | $59,528 |
| GREGORY M DUCKETT | SECRETARY Officer | 0.17 | $0 | $1,120,752 | $82,097 |
| MARK COPPESS MD | PHYSICIAN/DIRECTOR Trustee or director | 40 | $1,079,839 | $0 | $78,235 |
| GARY C ANDERSON | DIRECTOR (AS OF 09/23) Trustee or director | 0.17 | $0 | $1,062,887 | $83,871 |
| JEFFREY KERLAN MD | PHYSICIAN/DIRECTOR Trustee or director | 40 | $963,234 | $0 | $76,554 |
| MARK E SWANSON MD | DIRECTOR Trustee or director | 0.17 | $0 | $1,000,668 | $21,797 |
| JOHN S GARDNER MD | PHYSICIAN/DIRECTOR Trustee or director | 40 | $936,674 | $0 | $80,915 |
| BASIL PAULUS MD | PHYSICIAN/DIRECTOR Trustee or director | 40 | $772,858 | $0 | $80,081 |
| DEBORAH EDDLESTONE | CEO Officer | 40 | $335,207 | $0 | $59,343 |
| MELISSA REAVES | CFO Officer | 40 | $211,200 | $0 | $47,588 |
Address and contacts
- Address (IRS master file)
- 8060 WOLF RIVER BLVD, GERMANTOWN, TN 38138-1727
- In care of
- % BAPTIST MEMORIAL HEALTH CARE CORP
- Principal officer (990 for 2024)
- STEVEN S GUBIN MD, 8060 WOLF RIVER BLVD, GERMANTOWN, TN 38138
- Signed the 990
- JASON M LITTLE, PRESIDENT
- Phone
- (901) 271-2210
- Website
- WWW.STERNCARDIO.COM
- Return prepared by
- DELOITTE TAX LLP
Mission
THE STERN CARDIOVASCULAR FOUNDATION, INC.'S PRIMARY MISSION IS TO PROMOTE COMMUNITY HEALTH THROUGH THE PROVISION OF HEALTH CARE SERVICES AND ESTABLISH, EQUIP, AND MAINTAIN GEOGRAPHICALLY DISPERSED OUTPATIENT CLINIC LOCATIONS AT WHICH SUCH SERVICES WILL BE PROVIDED.
Program accomplishments
- THE STERN CARDIOVASCULAR FOUNDATION, INC. PROVIDES QUALITY MEDICAL HEALTH CARE REGARDLESS OF RACE, CREED, SEX, NATIONAL ORIGIN, HANDICAP, OR AGE. PATIENTS OF EVERY RACE, CREED AND SOCIOECONOMIC GROUP COME TOTHE STERN CARDIOVASCULAR FOUNDATION, INC. FROM SEVERAL STATES, WITH MOST OF ITS PATIENTS COMING FROM WEST TENNESSEE, EAST ARKANSAS, AND NORTH MISSISSIPPI. ALTHOUGH REIMBURSEMENT FOR SERVICES RENDERED IS CRITICAL TO THE OPERATION AND STABILITY OF THE STERN CARDIOVASCULAR FOUNDATION, INC., IT IS RECOGNIZED THAT NOT ALL INDIVIDUALS POSSESS THE ABILITY TO PURCHASE ESSENTIAL MEDICAL SERVICES, AND FURTHER, THAT OUR MISSION IS TO SERVE THE COMMUNITY WITH RESPECT TO PROVIDING HEALTH CARE SERVICES AND HEALTH CARE EDUCATION. THEREFORE, IN KEEPING WITH OUR COMMITMENT TO SERVE ALL MEMBERS OF OUR COMMUNITY, THE STERN CARDIOVASCULAR FOUNDATION, INC. PROVIDES THE FOLLOWING:- FREE CARE AND/OR SUBSIDIZED CARE WHERE THE NEED AND/OR AN INDIVIDUAL'S INABILITY TO PAY COEXIST,- CARE PROVIDED TO PERSONS COVERED BY GOVERNMENTAL PROGRAMS AT BELOW COST, AND- HEALTH ACTIVITIES AND PROGRAMS TO SUPPORT THE COMMUNITY.THESE ACTIVITIES INCLUDE WELLNESS PROGRAMS, COMMUNITY EDUCATION PROGRAMS, PROGRAMS FOR THE ELDERLY, HANDICAPPED, MEDICALLY UNDERSERVED, AND A VARIETY OF BROAD COMMUNITY SUPPORT ACTIVITIES. THE STERN CARDIOVASCULAR FOUNDATION, INC. HAS ALIGNED WITH BAPTIST MEMORIAL HEALTH CARE CORPORATION AND NOW HAS 45 CARDIOLOGISTS. KNOWN AS ONE OF THE LARGEST MEDICAL RESEARCH AREAS IN THE COUNTRY, THE STERN CARDIOVASCULAR FOUNDATION, INC. IS RECOGNIZED AS ONE OF THE LEADING CARDIOVASCULAR RESEARCH AND TREATMENT CENTERS IN THE COUNTRY. UTILIZING STATE-OF-THE-ART MEDICAL TECHNOLOGY, THE STERN CARDIOVASCULAR FOUNDATION, INC. IS COMMITTED TO EXCELLENCE AND COMPASSION IN ITS TREATMENT OF PATIENTS. THE STERN CARDIOVASCULAR FOUNDATION, INC. OPENED THE STERN CARDIOVASCULAR VEIN CENTER FOR COMPREHENSIVE TREATMENT OF CHRONIC VENOUS INSUFFICIENCY AND VARICOSE VEINS. WE ALSO HAVE SPECIALIZED OUTPATIENT CLINICS FOR THE TREATMENT OF A-FIB AND CONGESTIVE HEART FAILURE (CHF). WE ARE VERY PROUD OF OUR MANY OUTREACH LOCATIONS WHICH ALLOW OUTPATIENT CONSULTS FOR RURAL NEIGHBORHOODS, WHICH DO NOT HAVE ACCESS TO TOP NOTCH MEDICAL CARE. INPATIENT SERVICES INCLUDE TESTS AND PROCEDURES TO DIAGNOSE AND TREAT CARDIAC NEEDS SUCH AS CARDIAC CATHETERIZATION - APPROXIMATELY 7,100; PTCA-STENT - APPROXIMATELY 2,300; ELECTROPHYSIOLOGY STUDY - APPROXIMATELY 1,700; PERIPHERAL VASCULAR STUDY - APPROXIMATELY 1,300; TAVRS - APPROXIMATELY 215; MITRAL CLIPS - APPROXIMATELY 75; AND ABLATION - APPROXIMATELY 2,100.THE STERN CARDIOVASCULAR FOUNDATION, INC. HAS AN ACTIVE BASE OF APPROXIMATELY 82,000 PATIENTS. OUR OUTPATIENT SERVICES INCLUDE CARDIAC WELLNESS EXAMS FOR BOTH MEN AND WOMEN, INTERVENTIONAL CARDIOLOGY,PACING AND ARRHYTHMIA MANAGEMENT, VASCULAR SCREENING EXAMS, DEVICE CLINIC, COUMADIN CLINIC AND LIPID CLINIC. WE OFFER EDUCATIONAL SESSIONS REGARDING LIPID MANAGEMENT AND WEIGHT CONTROL. OUR PHYSICIANS PROACTIVELY COUNSEL PATIENTS ON HEALTHY LIFESTYLES AT EACH APPOINTMENT AND WORK COLLABORATIVELY WITH OTHER AREA PROVIDERS.CARDIAC WELLNESS EXAMS AND SCREENING TESTS ARE USED TO RULE OUT HEART DISEASE AND DETERMINE CARDIAC RISKS. AT THE STERN CARDIOVASCULAR FOUNDATION, INC., WE TAKE A HEART HEALTHY APPROACH TO GETTING FIT.THE STERN CARDIOVASCULAR FOUNDATION, INC. ALSO HAS CLINICS IN WHICH DIAGNOSTIC TESTS ARE PERFORMED. PATIENTS MAY ALSO COME TO THE STERN CARDIOVASCULAR FOUNDATION, INC. FOR FLU SHOTS AND IMMUNIZATIONS WITHOUT AN APPOINTMENT. THE STERN CARDIOVASCULAR FOUNDATION, INC. ALSO OFFERS PROGRAMS SUCH AS THE LIPID, COUMADIN, AND PACEMAKER CLINICS TO HELP PATIENTS BETTER UNDERSTAND AND MANAGE THEIR CARDIAC HEALTH.LIPID CLINIC - IF YOUR CHOLESTEROL IS HIGH, SO IS YOUR CHANCE FOR A HEART ATTACK, STROKE, OR BLOCKAGES IN YOUR LEG ARTERIES. AS YOUR CHOLESTEROL IS LOWERED, SO ARE YOUR RISKS FOR THESE PROBLEMS. THE LIPID CLINIC PROVIDES INFORMATION ABOUT FOODS THAT ARE GOOD OR BAD FOR YOUR CHOLESTEROL LEVELS. EMPHASIS ON SOME DEGREE OF EXERCISE IS ALSO ENCOURAGED.COUMADIN CLINIC - IF YOU ARE ON THE BLOOD THINNER, COUMADIN, YOU NEED TO HAVE YOUR PROTHROMBIN TIME (INR) MONITORED ON A REGULAR BASIS IN OUR CLINIC. YOUR RESULTS WILL BE IMMEDIATELY AVAILABLE SO YOUR COUMADIN DOSE CAN BE ADJUSTED, IF NECESSARY.PACEMAKER CLINIC - WE PROVIDE ONSITE ARRHYTHMIA MONITORING SERVICES BY SPECIALLY TRAINED NURSES. THESE NURSES CAN CHECK YOUR PACEMAKER OR DEFIBRILLATOR.Expenses $109,249,181 · revenue $62,401,493
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
- 27-4396698
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Hospital or medical research organization
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2014
- Accounting year ends
- September
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Health care (E32)
- Assets (IRS master file)
- $20,441,790
- Income (IRS master file)
- $63,411,419
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | September 2025 | $63,411,419 | $116,605,149 | $20,441,790 | XML |
| 990-T | September 2025 | – | – | – | IRS |
| 990 | September 2024 | $61,270,919 | $110,589,164 | $17,815,133 | XML |
| 990-T | September 2024 | – | – | – | IRS |
| 990 | September 2023 | $58,783,358 | $100,610,776 | $19,498,337 | XML |
| 990-T | September 2023 | – | – | – | IRS |
| 990 | September 2022 | $54,308,920 | $93,808,956 | $22,108,211 | IRS |
| 990-T | September 2022 | – | – | – | IRS |
| 990 | September 2021 | – | – | – | IRS |
| 990-T | September 2021 | – | – | – | IRS |
| 990 | September 2020 | – | – | – | IRS |
| 990 | September 2019 | – | – | – | IRS |
| 990 | September 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 27-4396698).
Questions about THE STERN CARDIOVASCULAR FOUNDATION INC
- What is the EIN of THE STERN CARDIOVASCULAR FOUNDATION INC?
- The employer identification number (EIN) of THE STERN CARDIOVASCULAR FOUNDATION INC is 27-4396698.
- Is THE STERN CARDIOVASCULAR FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
- Are donations to THE STERN CARDIOVASCULAR FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does THE STERN CARDIOVASCULAR FOUNDATION 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 THE STERN CARDIOVASCULAR FOUNDATION 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 THE STERN CARDIOVASCULAR FOUNDATION 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 THE STERN CARDIOVASCULAR FOUNDATION INC?
- The 990 for the year ended September 30, 2025 names STEVEN S GUBIN MD.
- Who are the officers and directors of THE STERN CARDIOVASCULAR FOUNDATION INC?
- The 990 for the year ended September 30, 2025 lists 19 people; 16 received compensation from the organization, the highest $2,213,565 (STEVEN S GUBIN MD, PHYSICIAN/PRESIDENT/EX-OFFICIO).
- How much revenue does THE STERN CARDIOVASCULAR FOUNDATION INC have?
- On its 990 for the year ended September 30, 2025 it reported revenue of $63,411,419, expenses of $116,605,149 and total assets of $20,441,790 at year end.
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