Sight Conservation Of N E N Y Inc
- Assets
- $3.7m
- Revenue
- $3.1m
- Investments
- $0.0
- Employees
- 16
- Location
- Albany, NY
- Founding
- 08/1955
- Data as of
- 12/2023
- 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 12/2023, Sight Conservation Of N E N Y Inc employed 16 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 12/2023, Sight Conservation Of N E N Y Inc generated $3.1m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 6.6% each year. All expenses for the organization totaled $2.7m during the year ending 12/2023. While expenses have increased by 4.5% per year over the past 9 years. They've been increasing with an increasing level of total revenue. 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
2023
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 | $190,500 |
Ken Perez President | OfficerTrustee | 1 | $0 |
Roger Callahan Vice Preside | OfficerTrustee | 1 | $0 |
Dominick Pliskowski Treasurer | OfficerTrustee | 1 | $0 |
Donna Reimer Secretary | OfficerTrustee | 1 | $0 |
Janice Monahan Immediate Pa | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $62,099 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $62,099 |
| Total Program Service Revenue | $3,040,175 |
| Investment income | $76,208 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$73,917 |
| Net Income from Fundraising Events | $7,272 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,111,837 |
| 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. | $190,500 |
| Compensation of current officers, directors, key employees. | $28,575 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $810,100 |
| Pension plan accruals and contributions | $12,560 |
| Other employee benefits | $129,575 |
| Payroll taxes | $80,383 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $30,050 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $16,955 |
| Advertising and promotion | $0 |
| Office expenses | $120,678 |
| Information technology | $36,244 |
| Royalties | $0 |
| Occupancy | $180,108 |
| Travel | $51,242 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $23,769 |
| Interest | $3,632 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $67,216 |
| Insurance | $32,842 |
| All other expenses | $106,462 |
| Total functional expenses | $2,687,059 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $659,479 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $489,256 |
| 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 | $12,896 |
| Net Land, buildings, and equipment | $351,703 |
| Investments—publicly traded securities | $969,305 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,237,656 |
| Total assets | $3,720,295 |
| Accounts payable and accrued expenses | $133,872 |
| 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 | $137,032 |
| Other liabilities | $552,384 |
| Total liabilities | $823,288 |
| Net assets without donor restrictions | $2,196,841 |
| Net assets with donor restrictions | $700,166 |
| 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 | $3,720,295 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Eye Bank For Sight Restoration Inc New York, NY | $81,420,040 | $11,665,358 |
Sight Conservation Of N E N Y Inc Albany, NY | $3,720,295 | $3,111,837 |
Organ Alliance Inc Harrison, NY | $1,427,776 | $865,834 |
New York Center For Liver Transplantation Inc Troy, NY | $577,231 | $628,889 |
Lions Eye Bank Of Nw Pa Inc Erie, PA | $365,311 | $478,390 |
Health Navigator Foundation Inc New York, NY | $1,144,657 | $1,341,045 |
Andy Talley Bone Marrow Foundation Devon, PA | $384,471 | $387,047 |
Matchingdonors Com Inc Canton, MA | $2,075,255 | $948,146 |
Lions Club Of Erie Save-An-Eye Fund Inc Erie, PA | $94,837 | $0 |
Flood Sisters Kidney Foundation Chappaqua, NY | $28,267 | $0 |
A Gift Of Life The Heart And Lung Transplant Support Group Inc Trumbull, CT | $476,692 | -$90,936 |
Team Pittsburgh Transplant Pittsburgh, PA | $69,895 | $0 |
Lifechoice Donor Services Inc Waltham, MA | $0 | $0 |
Eversight New Jersey Inc Clark, NJ | $0 | $0 |