Indiana Lions Eye Bank Inc

Visionfirst Indiana Lions Eye Bank

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 356055789 ✦ Carmel, IN ✦ Designated as a 501(c)(3)

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Overview

What is Indiana Lions Eye Bank Inc?

Indiana Lions Eye Bank Inc, operating as VisionFirst Indiana Lions Eye Bank, is a nonprofit organization based in Carmel, Indiana. Their primary mission is to enhance and renew lives by providing high-quality tissue for transplantation purposes, specifically corneas. In 2022 alone, they provided over 2,197 corneas for sight-restoring surgeries, reaching beyond local needs to serve nationally and globally. Additionally, they participate in medical research by recovering tissue for studies related to conditions such as glaucoma and macular degeneration, and making unsuitable tissues available for research. Besides transplantation and research, VisionFirst provides education to promote tissue donation and inform the public about transplantation. They also offer training for hospital staff and offer bereavement support to families.


Official website here: www.visionfirst.org

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 96%, Four-Star out of Four Star rating.

The Indiana Lions Eye Bank Inc has received a strong rating of 96%, indicating exceptional performance in accountability and finance. This high score reflects the organization's commitment to transparency and ethical governance, with a fully independent board and robust financial oversight. The absence of material diversion of assets and a solid program expense ratio of nearly 90% highlight its efficiency in utilizing funds for its mission.

The organization has demonstrated comprehensive policies, including conflict of interest and whistleblower protections, which are essential for maintaining trust and integrity. Additionally, the presence of documented board meeting minutes and effective audit practices further contribute to its credibility. These factors collectively signify a well-managed nonprofit that prioritizes its operational integrity.

While the data does not highlight any specific weaknesses, the high accountability score does suggest that the organization is continually focusing on maintaining its standards. Overall, the Indiana Lions Eye Bank Inc stands out as a reliable and responsible nonprofit dedicated to its cause.


This AI summary has been generated from information found on Charity Navigator.

Is Indiana Lions Eye Bank Inc legitimate?

Indiana Lions Eye Bank Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Indiana Lions Eye Bank 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: $623,406
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,566,882

For more financial information, click here


Official website here: www.visionfirst.org

What is the mission statement of Indiana Lions Eye Bank Inc?

Indiana Lions Eye Bank Inc's mission is centered around improving the quality of life through eye transplantation, medical research, and education. Their primary focus is on providing safe and high-quality tissue for transplantation purposes. In 2022, they supplied over 2,197 corneas for sight-restoring transplants and distributed numerous tissues for research, education, and training. They enhance and renew lives by supplying corneas and other tissue for surgeries, both locally and internationally. VisionFirst, the organization's tissue procurement and distribution division, also recovers research tissue for specific studies and makes tissues available for research that are not suitable for transplantation. Furthermore, they engage in public and community education to promote tissue donation and inform the public about transplantation, while also offering bereavement support for families and training for hospital staff.


Official website here: www.visionfirst.org

Who is the CEO of Indiana Lions Eye Bank Inc?

Timothy Fischer is the Past Chairman of Indiana Lions Eye Bank Inc. The CEO's salary of Indiana Lions Eye Bank Inc is $265,001 and their total compensation is $317,579.


Official website here: www.visionfirst.org

What is the revenue of Indiana Lions Eye Bank Inc?

Indiana Lions Eye Bank Inc's revenue in 2022 was $5,893,432.


Official website here: www.visionfirst.org

Who are the executives of Indiana Lions Eye Bank Inc and what are their salaries?

The average compensation at Indiana Lions Eye Bank Inc during 2022 was $59,197. There are 37 employees and 22 volunteers at Indiana Lions Eye Bank Inc.


Here are 23 key members and their salaries (Indiana Lions Eye Bank Inc's CEO's salary is $265,001 and their total compensation is $317,579):


Mark Owens (Past Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Roe (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lew King (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Keith Thomas (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nick Xinopoulos (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Crull (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sally Davis (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ross Drapalik (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Duane Griner (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen Gross (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Dave Hyndman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bob Kamman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joann Karaffa-Owens (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vicki Morris (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Scott (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Reed Fish (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ron Guth (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathy Cooper (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christine Woodward (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Timothy Fischer (Ceo)
  • Compensation: $265,001
  • Related: $0
  • Other: $52,578
Gregory Rubeo (Accounting Manager)
  • Compensation: $78,360
  • Related: $0
  • Other: $25,796
Lisa Brooks (Coo)
  • Compensation: $161,848
  • Related: $0
  • Other: $39,824
Christoper Sica (Director Of Clinical Services)
  • Compensation: $104,865
  • Related: $0
  • Other: $35,646


Official website here: www.visionfirst.org

Where can I find the form 990 for Indiana Lions Eye Bank Inc?

Indiana Lions Eye Bank Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.visionfirst.org

Learn more at the official website: www.visionfirst.org

Mission Statement of Indiana Lions Eye Bank Inc

Indiana Lions Eye Bank Inc, a renowned organization, is committed to enhancing the quality of life through eye transplantation, medical research, and education. This mission-driven entity, known as VisionFirst, is dedicated to providing safe and high-quality tissue for transplantation purposes. In 2022, VisionFirst played a significant role in restoring sight for numerous individuals by providing over 2,197 corneas for sight-restoring transplants. Beyond corneas, the bank also supplied tissue for various research, educational, and training purposes.

The organization's tireless efforts extend beyond transplantation. VisionFirst screens, recovers, tests, processes, and distributes tissue to facilitate surgical procedures, both locally and internationally. Corneas are prioritized for local surgeries before being made available nationally and then to more than ten countries worldwide. Furthermore, the bank provides research tissue for specific studies, such as those focused on glaucoma, macular degeneration, and cell growth. VisionFirst also makes tissue available for research that is not suitable for transplantation.

In addition to its transplantation and research activities, Indiana Lions Eye Bank Inc engages in public and community education to promote tissue donation and inform the public about transplantation. They also offer training to hospital staff and provide bereavement support for families. This comprehensive approach allows VisionFirst to touch the lives of many, making a significant impact in the realm of eye health and vision restoration.

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Impact




October, 2024

Indiana Lions Eye Bank Inc significantly enhances the quality of life through its dedicated efforts in eye transplantation, medical research, and community education. By facilitating over 2,197 sight-restoring corneal transplants in a single year, it plays a crucial role in transforming the lives of many individuals facing vision impairment. The organization also addresses a broader need by providing tissue for surgeries, research, and education, which supports advancements in treatments for conditions such as glaucoma and macular degeneration.

Additionally, the Eye Bank actively promotes tissue donation through public education initiatives, raising awareness about the importance of transplantation and encouraging community involvement. It further contributes to the healthcare ecosystem by training hospital staff and offering bereavement support to families experiencing loss. Through its tireless work, Indiana Lions Eye Bank Inc not only saves and enhances sight but also advances medical research, thus impacting health outcomes both locally and globally.




This information is meant to be a general summary of Indiana Lions Eye Bank 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.

Revenue
$5,893,432 (2022)
Expenses
$5,577,536 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $358,953
  • Program Service Revenue: $5,482,820
  • Gross Receipts: $7,940,859

Assets and Liabilities:

  • Total Assets: $16,667,128
  • Total Liabilities: $1,916,501
  • Net Assets: $14,750,627

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

TRANSPLANTATION/RESEARCH

Revenue

$5,470,786

MEDICAL CONSULTING/REIMBURSEMENTS

Revenue

$12,034

Organization Details

Founding Year

1962

Principal Officer

Timothy Fischer

Main Address

4745 HAVEN POINT BLVD, CARMEL, IN, 46280

NTEE Category

Code: E65 - Health

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