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Nonprofit · EIN 59-0674260

MIAMI HEART RESEARCH INSTITUTE INC

Also known as FLORIDA HEART RESEARCH INSTITUTE

Tax-exempt · MIAMI, FL 33137

Financials

$3.3M$2.2M2023$11.2M$3.4M2024$3M$2.5M2025
Revenue Expenses · by fiscal year end
Financials of MIAMI HEART RESEARCH INSTITUTE INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$2,974,565$2,545,709$428,856$79,333,708$684,578$78,649,130
December 31, 2024990$11,192,176$3,427,931$7,764,245$72,453,813$1,572,198$70,881,615
December 31, 2023990$3,349,334$2,180,842$1,168,492$68,774,012$937,592$67,836,420
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$65,326
Program service revenue
$0
Investment income
$2,909,239
Net gain from sales of assets
$862,584
Other revenue
$0

Expenses

Grants and similar amounts paid
$1,565,291
Compensation of officers, directors and key employees
$286,110
Other salaries and wages
$128,928
Salaries, compensation and benefits (total)
$464,886
Professional fundraising fees
$0
Legal fees
$3,080
Accounting fees
$45,030
Occupancy
$4,968
Travel
$1,638
Depreciation
$87,780
Program services (functional)
$1,934,569
Management and general (functional)
$611,140

Balance sheet and other

Total assets, start of year
$72,453,813
Total assets, end of year
$79,333,708
Total liabilities, end of year
$684,578
Net assets, end of year
$78,649,130
Publicly traded securities
$69,266,434
Net assets without donor restrictions
$78,649,130
Gross receipts
$7,907,016
Employees
3
Volunteers
9
Year formed
1944
State of legal domicile
FL

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 / weekCompensationOther / benefits
NANCY R CAVALIEEXECUTIVE DIRECTOR
Officer
40$260,000$26,111
JOE ANN BATCHELLERCHAIRMAN
Trustee or director, Officer
1$0$0
JOSE ANTONIO ADAMS MDVICE CHAIR
Trustee or director, Officer
1$0$0
OLIVER R DI PIETRO MDTRUSTEE
Trustee or director
1$0$0
TRACY TOWLE HUMPHREYTRUSTEE
Trustee or director
1$0$0
MARY JEAN CATINCHI MELLA ESQTRUSTEE
Trustee or director
1$0$0
MARIA CANOSSA-TERRIS MDTRUSTEE
Trustee or director
1$0$0
ELIZABETH WHALENTRUSTEE
Trustee or director
1$0$0
CHARLES E PORTERTRUSTEE
Trustee or director
1$0$0
ERIC FALKENBURGTRUSTEE (THRU 4/14/25)
Trustee or director
1$0$0
990 for the year ended December 31, 2024: 10 people
NameTitleHours / weekCompensationOther / benefits
NANCY R CAVALIEEXECUTIVE DIRECTOR
Officer
40$240,000$26,307
JOE ANN BATCHELLERCHAIRMAN
Trustee or director, Officer
1$0$0
JOSE ANTONIO ADAMS MDVICE CHAIR
Trustee or director, Officer
1$0$0
OLIVER R DI PIETRO MDTRUSTEE
Trustee or director
1$0$0
TRACY TOWLE HUMPHREYTRUSTEE
Trustee or director
1$0$0
MARY JEAN CATINCHI MELLA ESQTRUSTEE
Trustee or director
1$0$0
MARIA CANOSSA-TERRIS MDTRUSTEE
Trustee or director
1$0$0
ELIZABETH WHALENTRUSTEE
Trustee or director
1$0$0
CHARLES E PORTERTRUSTEE
Trustee or director
1$0$0
ERIC FALKENBERGTRUSTEE
Trustee or director
1$0$0
990 for the year ended December 31, 2023: 9 people
NameTitleHours / weekCompensationOther / benefits
NANCY R CAVALIEEXECUTIVE DIRECTOR
Officer
40$240,000$26,424
JOE ANN BATCHELLERCHAIRMAN
Trustee or director, Officer
1$0$0
JOSE ANTONIO ADAMS MDVICE CHAIR
Trustee or director, Officer
1$0$0
OLIVER R DI PIETRO MDTRUSTEE
Trustee or director
1$0$0
TRACY TOWLE HUMPHREYTRUSTEE
Trustee or director
1$0$0
MARY JEAN CATINCHI MELLA ESQTRUSTEE
Trustee or director
1$0$0
MARIA CANOSSA-TERRIS MDTRUSTEE
Trustee or director
1$0$0
ELIZABETH WHALENTRUSTEE
Trustee or director
1$0$0
CHARLES E PORTERTRUSTEE
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
4770 BISCAYNE BLVD STE 500, MIAMI, FL 33137-3228
Principal officer (990 for 2025)
NANCY R CAVALIE, 4770 BISCAYNE BLVD 500, MIAMI, FL 33137
Signed the 990
NANCY R CAVALIE, EXECUTIVE DIRECTOR
Phone
(305) 674-3020
Return prepared by
CHERRY BEKAERT ADVISORY LLC

Mission

MIAMI HEART RESEARCH INSTITUTE, INC. IS AN INDEPENDENT, NOT-FOR-PROFIT 501(C)(3) ORGANIZATION WITH THE MISSION TO PERFORM THE FUNCTIONS OF, OR TO CARRY OUT THE PURPOSES OF, FLORIDA HEART RESEARCH FOUNDATION, INC. BY FUNDRAISING AND FUNDING CARDIOVASCULAR RESEARCH, EDUCATION AND PREVENTION PROGRAMS.

990 for the year ended December 31, 2025

Program accomplishments

  • IN SUPPORT OF THE FLORIDA HEART RESEARCH FOUNDATION, INC., WE REMAIN COMMITTED TO ADVANCING CARDIOVASCULAR RESEARCH. WE ARE WELL-POSITIONED FOR A LONG AND PRODUCTIVE FUTURE IN THIS CRITICAL FIELD AND TAKE GREAT PRIDE IN FUNDING RESEARCH THAT IS BOTH MERITORIOUS AND SCIENTIFICALLY VALID.TO ACHIEVE OUR MISSION, WE MUST CONTINUE TO EXPAND OUR RESEARCH CAPABILITIES AND EDUCATIONAL INITIATIVES THROUGH COLLABORATION WITH INSTITUTIONS OF EXCELLENCE. AS PART OF THIS COMMITMENT, WE REQUIRE THAT ALL FUNDED PROJECTS PUBLISH THEIR FINDINGS IN LEADING PEER-REVIEWED JOURNALS AND PRESENT THEIR RESULTS AT NATIONAL AND INTERNATIONAL CONFERENCES AND SEMINARS. OUR ULTIMATE GOAL IS TO SUPPORT RESEARCH THAT LEADS TO SIGNIFICANT BREAKTHROUGHS - INNOVATIONS THAT IMPROVE THE DIAGNOSIS, TREATMENT, AND PREVENTION OF CARDIOVASCULAR DISEASE. ADDITIONALLY, WE REQUIRE 6-MONTH PROGRESS REPORTS, INCLUDING DETAILED BUDGETS OUTLINING HOW FUNDS HAVE BEEN UTILIZED.
    Expenses $1,859,569 · grants $1,490,291
  • WE ACTIVELY SUPPORT EDUCATION AND PREVENTION INITIATIVES THAT IMPROVE PUBLIC HEALTH BY REDUCING HEALTH DISPARITIES AND INCREASING ACCESS TO CARE IN MEASURABLE AND MEANINGFUL WAYS. WE BELIEVE THAT HEART DISEASE CAN BE PREVENTED THROUGH A COMBINATION OF BASIC AND CLINICAL RESEARCH, ALONG WITH EDUCATION ABOUT ITS CAUSES, RISK FACTORS, AND THE IMPORTANCE OF HEALTHY LIFESTYLE CHOICES. RESEARCH DISCOVERIES BENEFIT ALL OF HUMANITY, WHILE EDUCATION EMPOWERS INDIVIDUALS TO MAKE INFORMED DECISIONS - ULTIMATELY IMPROVING HEALTH OUTCOMES AND QUALITY OF LIFE. WHILE RESEARCH IS ESSENTIAL TO THE FUTURE OF HEALTHCARE, EDUCATION AND PREVENTION ARE THE CORNERSTONES OF HEALTH TODAY. IN ADDITION TO OUR RESEARCH EFFORTS, WE AWARD ANNUAL SCHOLARSHIP GRANTS IN CARDIAC NURSING. THESE SCHOLARSHIPS HAVE RECEIVED POSITIVE RECOGNITION AND FEEDBACK FROM PARTICIPANTS, AS EVIDENCED THROUGH SURVEYS, TESTIMONIALS, AND AWARDS.
    Expenses $75,000 · grants $75,000

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
59-0674260
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization, Type II
Donations deductible (Pub 78)
Supporting organization, 50% limit
Exempt since
2018
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$79,333,708
Income (IRS master file)
$7,907,016

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$2,974,565$2,545,709$79,333,708XML
990December 2024$11,192,176$3,427,931$72,453,813XML
990December 2023$3,349,334$2,180,842$68,774,012XML
990December 2022$2,906,140$2,684,518$62,381,637IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 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 59-0674260).

Questions about MIAMI HEART RESEARCH INSTITUTE INC

What is the EIN of MIAMI HEART RESEARCH INSTITUTE INC?
The employer identification number (EIN) of MIAMI HEART RESEARCH INSTITUTE INC is 59-0674260.
Is MIAMI HEART RESEARCH INSTITUTE INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2018.
Are donations to MIAMI HEART RESEARCH INSTITUTE INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
Which annual return does MIAMI HEART RESEARCH INSTITUTE 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 MIAMI HEART RESEARCH INSTITUTE INC 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 MIAMI HEART RESEARCH INSTITUTE INC 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 MIAMI HEART RESEARCH INSTITUTE INC?
The 990 for the year ended December 31, 2025 names NANCY R CAVALIE.
Who are the officers and directors of MIAMI HEART RESEARCH INSTITUTE INC?
The 990 for the year ended December 31, 2025 lists 10 people; 1 received compensation from the organization, the highest $260,000 (NANCY R CAVALIE, EXECUTIVE DIRECTOR).
How much revenue does MIAMI HEART RESEARCH INSTITUTE INC have?
On its 990 for the year ended December 31, 2025 it reported revenue of $2,974,565, expenses of $2,545,709 and total assets of $79,333,708 at year end.

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