Sight Conservation Of N E N Y Inc
- Assets
- $2.1m
- Revenue
- $2.4m
- Investments
- $0.0
- Employees
- 17
- Location
- Albany, NY
- Founding
- 08/1955
- Data as of
- 12/2021
- EIN
- 14-1422262
Organization Overview
Sight Conservation Of N E N Y Inc is located in Albany, NY. The organization was established in 1955. According to its NTEE Classification (E65) the organization is classified as: Organ & Tissue Banks, under the broad grouping of Health Care and related organizations. As of 12/2021, Sight Conservation Of N E N Y Inc employed 17 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sight Conservation Of N E N Y Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Sight Conservation Of N E N Y Inc generated $2.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.3% each year. All expenses for the organization totaled $1.7m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
HUMAN SIGHT RESTORATION & CONSERVATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EYE BANK PROGRAM: PROVIDES HUMAN EYES FOR TRANSPLANT AND RESEARCH.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Victoria Adler Executive Di | Trustee | 40 | $144,950 |
Dominick Pliskowski Treasurer | OfficerTrustee | 1 | $15,000 |
Lettie Saheim President | OfficerTrustee | 1 | $0 |
Ken Perez Senior VP | OfficerTrustee | 1 | $0 |
Janice Monahan Chairperson | OfficerTrustee | 1 | $0 |
Roger Callahan Vice Preside | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $225,500 |
| All other contributions, gifts, grants, and similar amounts not included above | $44,926 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $270,426 |
| Total Program Service Revenue | $2,003,749 |
| Investment income | $39,104 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $40,412 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $7,297 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,360,988 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $194,907 |
| Compensation of current officers, directors, key employees. | $41,986 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $610,646 |
| Pension plan accruals and contributions | $3,090 |
| Other employee benefits | $63,031 |
| Payroll taxes | $57,200 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $14,350 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $15,000 |
| Advertising and promotion | $0 |
| Office expenses | $80,821 |
| Information technology | $23,521 |
| Royalties | $0 |
| Occupancy | $175,265 |
| Travel | $20,507 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,828 |
| Interest | $971 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $46,819 |
| Insurance | $19,576 |
| All other expenses | $1,885 |
| Total functional expenses | $1,674,575 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $389,682 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $191,370 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $23,480 |
| Net Land, buildings, and equipment | $263,763 |
| Investments—publicly traded securities | $506,657 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $716,170 |
| Total assets | $2,091,122 |
| Accounts payable and accrued expenses | $121,990 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $169,319 |
| Other liabilities | $0 |
| Total liabilities | $291,309 |
| Net assets without donor restrictions | $1,053,802 |
| Net assets with donor restrictions | $746,011 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,091,122 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Eye Bank For Sight Restoration Inc New York, NY | $85,574,058 | $10,301,397 |
Sight Conservation Of N E N Y Inc Albany, NY | $2,091,122 | $2,360,988 |
Organ Alliance Inc White Plains, NY | $534,247 | $1,314,396 |
New York Center For Liver Transplantation Inc Troy, NY | $455,603 | $525,688 |
Lions Eye Bank Of Nw Pa Inc Erie, PA | $441,581 | $458,814 |
Andy Talley Bone Marrow Foundation Devon, PA | $334,436 | $344,682 |
Health Navigator Foundation Inc Bronx, NY | $88,512 | $281,151 |
Matchingdonors Com Inc Canton, MA | $1,243,463 | $217,464 |
Flood Sisters Kidney Foundation Chappaqua, NY | $59,750 | $0 |
A Gift Of Life The Heart And Lung Transplant Support Group Inc Trumbull, CT | $476,692 | -$90,936 |
Lions Club Of Erie Save-An-Eye Fund Inc Erie, PA | $85,909 | $0 |
Team Pittsburgh Transplant Pittsburgh, PA | $69,895 | $0 |