Hearing Evaluation Services Of Buffalo Inc
- Assets
- $2.1m
- Revenue
- $7.4m
- Investments
- $1.0m
- Employees
- 46
- Location
- Amherst, NY
- Founding
- 12/1981
- Data as of
- 06/2024
- EIN
- 16-1164250
Organization Overview
Hearing Evaluation Services Of Buffalo Inc is located in Amherst, NY. The organization was established in 1981. As of 06/2024, Hearing Evaluation Services Of Buffalo Inc employed 46 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hearing Evaluation Services Of Buffalo 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 06/2024, Hearing Evaluation Services Of Buffalo Inc generated $7.4m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 8.5% each year. All expenses for the organization totaled $7.4m during the year ending 06/2024. While expenses have increased by 8.5% 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDING ASSISTANCE TO THE HEARING IMPAIRED THROUGH NON-MEDICAL MEANS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EXAMINATION OF HEARING IMPAIRED INDIVIDUALS, FITTING FOR HEARING AIDS AND SALE OF ACCESSORIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Carlson Board Member | Trustee | 1 | $0 |
Anne P Orsene President | OfficerTrustee | 40 | $302,608 |
Edward Lobarinas Board Member | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Phonak Hearing Aid Accessories And Repairs | 6/29/24 | $659,754 |
Starkey Hearing Aid Accessories And Repairs | 6/29/24 | $453,814 |
Cq Partners Llc Fka The Q Group Llc Hearing Aid Accessories And Repairs | 6/29/24 | $584,787 |
Widex Hearing Aid Accessories And Repairs | 6/29/24 | $285,557 |
Casilio Communications Llc Tv/radio/print Supplies | 6/29/24 | $195,409 |
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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $7,381,845 |
| Investment income | $12,193 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $7,404,942 |
| 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. | $304,278 |
| Compensation of current officers, directors, key employees. | $304,278 |
| Compensation to disqualified persons | $2,421,837 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $463,000 |
| Other employee benefits | $84,673 |
| Payroll taxes | $204,201 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $3,534 |
| Fees for services: Accounting | $9,800 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $21,598 |
| Advertising and promotion | $229,858 |
| Office expenses | $108,892 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $193,713 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $2,767 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $78,568 |
| Insurance | $196,255 |
| All other expenses | $97,668 |
| Total functional expenses | $7,394,949 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $286,104 |
| Savings and temporary cash investments | $13,400 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $254,010 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $194,368 |
| Prepaid expenses and deferred charges | $3,360 |
| Net Land, buildings, and equipment | $266,090 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $1,000,830 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $68,429 |
| Total assets | $2,086,591 |
| Accounts payable and accrued expenses | $114,240 |
| 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 | $0 |
| Other liabilities | $1,040,089 |
| Total liabilities | $1,154,329 |
| Net assets without donor restrictions | $881,768 |
| Net assets with donor restrictions | $50,494 |
| 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 | $2,086,591 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Hearing Evaluation Services Of Buffalo Inc Amherst, NY | $2,086,591 | $7,404,942 |
Stern Center For Language & Learning Williston, VT | $8,854,071 | $4,563,875 |
Hearing And Speech Center Of Rochester Inc Rochester, NY | $1,746,125 | $4,384,205 |
Mill Neck Foundation Inc Mill Neck, NY | $26,410,586 | $2,093,839 |
Mary And Alexander Laughlin Childrens Center Sewickley, PA | $11,883,297 | $2,603,167 |
National Stuttering Association Staten Island, NY | $1,579,439 | $718,931 |
Empire State Special Needs Experience Inc Spencer, NY | $559,248 | $408,670 |