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Chvi Professional Corporation

Also known as Pulse Heart Institute

Tacoma, WA · EIN 47-5457904 · 501(c)(3) · Hospital or medical research organization
Latest filing: Form 990 for calendar year 2024 (tax year 2024) · View the filing · Correct or respond

Chvi Professional Corporation reported $97.4 million in revenue and $91.7 million in expenses for calendar year 2024. Of every $100 it spent, $99.82 went to program services, $0.18 to management and general costs and $0.00 to fundraising. Its largest source of revenue was contributions and grants: 96.4% of the total. The highest compensation it reported for one person was $1,717,370 (PHYSICIAN). 136 people received more than $100,000 in reportable compensation. Revenue rose 127% between 2019 and 2024. Source: Form 990, 2024.

Where $100 of spending went

Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $92M

For context, the median across 5,634 covered health care charities: $86.19 programs, $13.81 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

Calendar year 2024 · Form 990, Part VIII · total revenue $97M

The 990 scorecard · same measures for every charity, no grades

2024 filing. Median across 5,634 covered charities in this category, from their latest filings.
Measure2024Median
Program services
Part IX 25(B) ÷ 25(A)
99.8%85.6%
Management & general
Part IX 25(C) ÷ 25(A)
0.2%13.7%
Fundraising
Part IX 25(D) ÷ 25(A)
0.0%0.0%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.00$0.00
Contributions & grants share of revenue
Part VIII 1h ÷ 12
96.4%1.3%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%0.1%
Program service revenue share
Part VIII 2g ÷ 12
3.6%93.7%
Highest reported compensation
Part VII-A, columns D–F
$1,717,370$975,831
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
1.87%1.34%
People paid over $100,000
Part VII, line 2
13627
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
-0.46.6
Independent voting board members
Part VI 1a–1b
0 of 1088.9%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

2024 · Form 990, Part III · the three largest programs by expense
$91M expenses · 100.0% of program spending · revenue $3.5M

Chvi d/b/a pulse heart institute (chvi) is a highly specialized tax exempt healthcare entity that employs board certified cardiologists, cardiothoracic surgeons and vascular surgeons to perform advanced cardiothoracic surgeries, cardiac research and education. Chvi is the most recent innovation in care delivery from cardiac study center and multicare health system, a related tax exempt organization. Chvi is the pacific northwest's destination for heart health, offering a comprehensive range of the most advanced cardiac, thoracic, and vascular services available. Chvi connects emergency…

Highest reported compensation

2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
PHYSICIAN
Highest compensated employee, 50.00 hrs/week
$1,678,272$0$39,098$1,717,370
PHYSICIAN
Highest compensated employee, 50.00 hrs/week
$1,544,616$0$12,568$1,557,184
BOARD MEMBER, SRVP MHS
Director/trustee, 2.00 hrs/week
$0$1,469,249$38,624$1,507,873
CHAIR,BOARD MEMBER
Director/trustee, officer, 50.00 hrs/week
$1,444,184$0$21,502$1,465,686
MEMBER,PHYSICIAN
Director/trustee, 50.00 hrs/week
$1,324,609$0$46,131$1,370,740
PHYSICIAN
Highest compensated employee, 50.00 hrs/week
$1,310,358$0$37,762$1,348,120
PHYSICIAN
Highest compensated employee, 50.00 hrs/week
$1,262,526$0$37,749$1,300,275
PHYSICIAN
Highest compensated employee, 50.00 hrs/week
$1,206,509$0$34,404$1,240,913

136 people received more than $100,000 in reportable compensation from Chvi Professional Corporation (Part VII, line 2). Compensation of current officers, directors and key employees totaled $10M (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$25M$50M$75M$100M201920202021202220232024$97M$92M
FilingRevenueExpensesProgramsNet assetsTop pay
2024 ⓘ$97M$92M99.8%−$3.4M$1,717,370
2023 ⓘ$80M$76M100.0%−$9.1M$1,772,073
2022 ⓘ$63M$71M100.0%−$13M$1,663,726
2021 ⓘ$63M$62M100.0%−$5.6M$1,502,390
2020 ⓘ$56M$59M100.0%−$6.9M$1,465,571
2019 ⓘ$43M$45M100.0%−$3.7M$1,530,684

Governance answers, as filed

2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b10 · 0 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aNo
  • Board given the 990 before filing Part VI 11aNo
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 5158

Largest outside contractors

2024 · Form 990, Part VII, Section B · businesses only
PREFERRED SOLUTIONS LLC
Staffing
$1,222,393
OLYMPIA MULTI-SPECIALTY CLINIC
Healthcare services
$494,250

Individuals listed as contractors are left out. 2 contractors were paid more than $100,000 in all.

Correct a figure or respond

Every number above is copied from Chvi Professional Corporation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Chvi Professional Corporation, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All health care charities · Largest charities in Washington

Questions people ask

How much of Chvi Professional Corporation's spending goes to programs?

In calendar year 2024, Chvi Professional Corporation reported that 99.8% of its $91.7 million in expenses went to program services, 0.2% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does Chvi Professional Corporation pay its top executive?

The largest total compensation Chvi Professional Corporation reported for one person in calendar year 2024 was $1,717,370, for the role of PHYSICIAN (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Chvi Professional Corporation get its money?

Of $97.4 million in revenue in calendar year 2024, 96.4% came from contributions and grants and 3.6% from program service revenue (Form 990, Part VIII).

Is Chvi Professional Corporation a registered charity?

The IRS lists EIN 47-5457904 as a 501(c)(3) organization (hospital or medical research organization), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • 2024: Form 990 for calendar year 2024, object 202533109349304083 · read the filing · XML
  • 2023: Form 990 for calendar year 2023, object 202432869349300023 · read the filing
  • 2022: Form 990 for calendar year 2022, object 202343069349301994 · read the filing
  • 2021: Form 990 for calendar year 2021, object 202203079349303055 · read the filing
  • 2020: Form 990 for calendar year 2020, object 202133059349301373 · read the filing
  • 2019: Form 990 for calendar year 2019, object 202023089349302617 · read the filing

All filings for EIN 47-5457904: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.