Overview
What is The Eye-Bank For Sight Restoration Inc?
The Eye-Bank for Sight Restoration Inc, also known as The Eye-Bank of New York, is a New York-based nonprofit organization dedicated to restoring sight through eye donations and cornea transplants. Their state-of-the-art ocular laboratory operates around the clock to recover, evaluate, and distribute safe, top-quality donor eye tissue for various ophthalmic surgeries. The dedicated team continually updates their knowledge and skills with the latest technological advancements, ensuring they can prepare partial thickness grafts for advanced eye procedures like endothelial keratoplasty (EK). The Eye-Bank's mission extends beyond transplants, as they also allocate ocular tissue for research aimed at treating and curing various eye diseases. Public awareness is a crucial aspect of their work, encouraging more individuals to donate eyes and allow over a thousand people to regain their sight each year.
Official website here: www.eyedonation.org
What are the reviews and ratings of this charity?
96% rating from Charity Navigator.
The Eye-Bank for Sight Restoration Inc. has achieved a Four-Star out of Four Star rating, indicating exceptional performance in both accountability and finance, as well as culture and community engagement. The charity boasts a high program expense ratio, directing over 81% of its funds towards programs, demonstrating a strong commitment to its mission of sight restoration. Independent board governance is a significant strength, with 100% independent members and effective oversight practices.
User feedback from Great Nonprofits highlights the profound impact the organization has on individuals and the community. Many reviewers, including board members and volunteers, praise the Eye-Bank's dedicated staff and leadership, noting the life-changing results of their work in providing corneal transplants. The organization’s commitment to education and outreach about eye tissue donation is also emphasized, showcasing its role as a leader in the field.
While user feedback is overwhelmingly positive, highlighting the organization's efficiency and professional operations, there are no noted limitations in the available data. The testimonials reflect a deep appreciation for the Eye-Bank's influence on restoring sight and improving lives, suggesting a strong reputation both within the nonprofit sector and among those it serves.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is The Eye-Bank For Sight Restoration Inc legitimate?
The Eye-Bank For Sight Restoration Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Eye-Bank For Sight Restoration 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $328,627
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,655,201
For more financial information, click here
Official website here: www.eyedonation.org
What is the mission statement of The Eye-Bank For Sight Restoration Inc?
The Eye-Bank for Sight Restoration, often referred to as The Eye-Bank of New York, is a mission-driven organization dedicated to restoring sight through eye donations and cornea transplants. As the world's first eye bank, this entity has been at the forefront of ocular tissue donation since its inception. Its primary goal is to provide corneas for transplantation, as well as tissue for research purposes, contributing to potential treatments and cures for various eye diseases. Public awareness and advocacy are essential components of its mission, aiming to enhance eyesight for over a thousand individuals annually.
Official website here: www.eyedonation.org
Who is the CEO of The Eye-Bank For Sight Restoration Inc?
Leo J Corbett is the Ceo/Exec. Dir. of The Eye-Bank For Sight Restoration Inc. The CEO's salary of The Eye-Bank For Sight Restoration Inc is $285,000 and their total compensation is $328,626.
Official website here: www.eyedonation.org
What is the revenue of The Eye-Bank For Sight Restoration Inc?
The Eye-Bank For Sight Restoration Inc's revenue in 2022 was $13,470,866.
Official website here: www.eyedonation.org
Who are the executives of The Eye-Bank For Sight Restoration Inc and what are their salaries?
The average compensation at The Eye-Bank For Sight Restoration Inc during 2022 was $57,737. There are 69 employees and 25 volunteers at The Eye-Bank For Sight Restoration Inc.
Here are 25 key members and their salaries (The Eye-Bank For Sight Restoration Inc's CEO's salary is $285,000 and their total compensation is $328,626):
- Compensation: $285,000
- Related: $0
- Other: $43,626
- Compensation: $169,526
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- Other: $53,492
- Compensation: $157,177
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- Other: $52,360
- Compensation: $150,901
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- Other: $40,688
- Compensation: $137,286
- Related: $0
- Other: $48,763
- Compensation: $133,529
- Related: $0
- Other: $28,295
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Official website here: www.eyedonation.org
Where can I find the form 990 for The Eye-Bank For Sight Restoration Inc?
The Eye-Bank For Sight Restoration Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.eyedonation.org
Learn more at the official website: www.eyedonation.org
Mission Statement of The Eye-Bank For Sight Restoration Inc
The Eye-Bank for Sight Restoration, also known as The Eye-Bank of New York, is a pioneering organization dedicated to restoring sight through the donation of eyes and the performance of cornea transplants. Established as the world's first eye bank, this mission-driven entity goes beyond simply transplanting corneas; it also provides essential ocular tissue for research, aimed at discovering innovative treatments and cures for various eye diseases.
At the heart of The Eye-Bank's operations is a profound commitment to public awareness regarding the importance of eye donations. This vital aspect of their work aims to restore sight to over a thousand individuals every year. By encouraging people to register as eye donors, The Eye-Bank fosters hope and transforms lives, enabling those who have lost their sight to regain their vision.
In pursuit of its mission, The Eye-Bank meticulously screens potential donors and matches their eyes with recipients based on complex tissue typing. With utmost care and precision, the organization ensures the highest standards of safety and efficacy in the transplantation process. The Eye-Bank's unwavering dedication to restoring sight extends beyond direct patient care, as it also strives to make a difference in the realm of medical research and the quest for new treatments and cures for various eye diseases.
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Impact
October, 2024
The Eye-Bank For Sight Restoration Inc significantly impacts the lives of individuals living with vision impairments by restoring sight through eye donations and cornea transplants. Operating a state-of-the-art ocular laboratory 24/7, the organization focuses on the recovery, evaluation, and distribution of safe, quality donor eye tissue for cornea transplants and various ophthalmic surgeries. This process is crucial for helping those who suffer from corneal diseases and injuries regain their vision.
Through continual education and training in the latest technologies, the staff is adept at preparing advanced grafts for procedures like endothelial keratoplasty (EK), ensuring the highest standards of care. The Eye-Bank also plays a vital role in public awareness campaigns, highlighting the critical need for eye donations. This outreach is essential for increasing donor participation, allowing the organization to restore sight to over a thousand individuals each year and contributing to research aimed at finding treatments and cures for other eye diseases. Overall, The Eye-Bank’s dedicated efforts not only transform individual lives but also advance the field of ophthalmology through research and innovation.
This information is meant to be a general summary of The Eye-Bank For Sight Restoration 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: $7,679,150
- Program Service Revenue: $5,203,115
- Gross Receipts: $26,266,756
Assets and Liabilities:
- Total Assets: $70,258,852
- Total Liabilities: $3,539,748
- Net Assets: $66,719,104
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Processing fees
Revenue
$5,203,115
Organization Details
Founding Year
1944
Phone
(212) 742-9000Principal Officer
Leo J Corbett
Main Address
120 Wall Street 3rd Floor, New York, NY, 10005
Website
www.eyedonation.orgNTEE Category
Code: E65 - Health
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