Overview
What is Massachusetts Lions Eye Research Fund Inc?
Massachusetts Lions Eye Research Fund Inc is a charitable organization situated at 43 Stewart Terrace, Belmont, MA 02478. Their primary focus is to provide financial assistance to medical and research facilities engaged in eye-related studies. This nonprofit organization is dedicated to advancing knowledge in the field of ophthalmology, aiming to improve diagnostics and treatment options for eye conditions. By providing grants, they contribute significantly to ongoing research efforts, potentially leading to groundbreaking discoveries and improved care for those affected by various eye diseases.
Official website here: www.mlerfi.com
What are the reviews and ratings of this charity?
Charity Navigator Rating 88%
The Massachusetts Lions Eye Research Fund Inc (MLERF) holds a Three-Star out of Four Star rating from Charity Navigator, reflecting its solid accountability and financial practices. With an impressive program expense ratio of 96.12%, it demonstrates a strong commitment to allocating funds directly towards research initiatives aimed at preventing and treating vision loss. However, the organization has some areas for improvement, particularly in its whistleblower and document retention policies, which received lower scores.
User feedback highlights the significant impact MLERF has had on the community and the field of eye research. Many reviewers commend the fund for providing essential "seed money" that allows researchers to explore groundbreaking projects, stating that 100% of all donations are directed towards research grants. This commitment to transparency and effectiveness has garnered praise from board members and volunteers who have witnessed firsthand the positive outcomes resulting from MLERF's funding efforts.
While the organization is celebrated for its contributions over the past 60 years, it also faces the challenge of maintaining strong operational policies to safeguard its governance practices. Overall, MLERF is recognized as a leading force in advancing eye care and research in New England, making a meaningful difference in the lives of many.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Massachusetts Lions Eye Research Fund Inc legitimate?
Massachusetts Lions Eye Research Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Massachusetts Lions Eye Research Fund Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
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Official website here: www.mlerfi.com
What is the mission statement of Massachusetts Lions Eye Research Fund Inc?
The Massachusetts Lions Eye Research Fund Inc is committed to supporting medical and research facilities engaged in eye-related studies. By providing grants, they aim to fuel advancements in the field of ophthalmic research, contributing to the better understanding and potential treatments of eye conditions. Their mission is rooted in the belief that investing in research can lead to significant breakthroughs, ultimately improving the quality of life for individuals dealing with eye-related health issues.
Official website here: www.mlerfi.com
Who is the CEO of Massachusetts Lions Eye Research Fund Inc?
James Roth is the Treasurer of Massachusetts Lions Eye Research Fund Inc.
Official website here: www.mlerfi.com
What is the revenue of Massachusetts Lions Eye Research Fund Inc?
Massachusetts Lions Eye Research Fund Inc's revenue in 2022 was $940,231.
Official website here: www.mlerfi.com
Who are the executives of Massachusetts Lions Eye Research Fund Inc and what are their salaries?
There 50 volunteers at Massachusetts Lions Eye Research Fund Inc.
Here are 8 key members and their salaries:
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Official website here: www.mlerfi.com
Where can I find the form 990 for Massachusetts Lions Eye Research Fund Inc?
Massachusetts Lions Eye Research Fund Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mlerfi.com
Learn more at the official website: www.mlerfi.com
Mission Statement of Massachusetts Lions Eye Research Fund Inc
Massachusetts Lions Eye Research Fund Inc is dedicated to supporting medical and research facilities engaged in eye-related studies. The organization's mission is to provide financial aid to these institutions, fostering advancements in eye health and vision research. By granting funds to these facilities, Massachusetts Lions Eye Research Fund Inc plays a crucial role in furthering our understanding of eye diseases and potential treatments, contributing to the overall improvement of eye care services.
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Impact
July, 2024
Massachusetts Lions Eye Research Fund Inc's impact lies in supporting and funding medical and research facilities engaged in eye research. Through grants provided to these institutions, the organization plays a crucial role in advancing knowledge and innovation in the field of ophthalmology, ultimately contributing to the improvement of eye health and the development of new treatments and technologies. Their efforts help researchers explore new frontiers in understanding eye diseases and developing interventions that have the potential to transform the lives of those affected by vision impairments.
This information is meant to be a general summary of Massachusetts Lions Eye Research Fund Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $104,942
- Gross Receipts: $1,291,134
Assets and Liabilities:
- Total Assets: $2,335,925
- Total Liabilities: $643,504
- Net Assets: $1,692,421
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Organization Details
Founding Year
1958
Phone
(617) 484-2261Principal Officer
James Roth
Main Address
43 STEWART TERRACE, BELMONT, MA, 02478
Website
www.mlerfi.comNTEE Category
Code: H410 - Medical research
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