Skip to the page content
Your donations
Passes our checks

Chvi Professional Corporation

EIN 47-5457904 · Tacoma, WA

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthWeak45 out of 100GovernanceFair65 out of 100Impact evidenceDescribes programsHow well its results are evidenced

Points to look into

  • It owes more than it owns.

These come from the organization's own tax return. There may be a good explanation; ask the charity.

What it says it does

CHVI'S MISSION IS TOGETHER, GIVE PEOPLE THEIR BEST LIFE.

Income
$97.4 million
Spending
$91.7 million
Spent on programs
100%
Reserves
-0.4 months of spending
Largest source of income
donations and private grants, 96%
Employees
158
Volunteers
0
Highest pay
$1.7 million, physician

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Weak: 45 out of 100. Higher than 24% of charities in its peer group (health care, $10m to $100m).

  • Reserves

    0 of 35

    Spendable reserves are negative: it owes or has committed more than it holds.

  • Debt

    0 of 20

    It owes 107% of what it owns.

  • Living within its means

    15 of 15

    Income exceeded spending by 6% of income.

  • Income trend

    15 of 15

    Income rose 22% on the year before.

  • Spending floor

    15 of 15

    100% of spending went to programs and raising each dollar of donations cost 0 cents.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Fair: 65 out of 100. Higher than 3% of charities in its peer group (health care, $10m to $100m).

  • Independent board

    5 of 25

    0 of 10 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    0 of 10

    Did not give the board a copy of this return before filing it.

  • Pay set independently

    0 of 5

    Reports no independent review process for its chief executive's pay.

  • Independent check of accounts

    15 of 15

    Its accounts were audited by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (1)
  1. $91.5 million spent. 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, CLINIC, HOSPITAL AND THERAPY SERVICES TO ENHANCE COMMUNICATION AND CONTINUITY. THE ETHOS OF THE ORGANIZATION IS ONE OF PARTNERSHIP AND INSPIRATION. CHVI'S PHYSICIANS ARE AT THE TOP OF THEIR FIELD AND ACTIVELY (SEE SCHEDULE O) SEEK TO STAY ON THE CUTTING EDGE OF CARDIOVASCULAR MEDICINE.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending December 2024.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since December 2015.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.