University Ophthalmology Services Inc

Organization Overview

University Ophthalmology Services Inc is located in Buffalo, NY. The organization was established in 1996. According to its NTEE Classification (E31) the organization is classified as: Group Health Practices, under the broad grouping of Health Care and related organizations. As of 12/2023, University Ophthalmology Services Inc employed 109 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. University Ophthalmology Services 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, University Ophthalmology Services Inc generated $10.9m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 2.1% each year. All expenses for the organization totaled $10.4m during the year ending 12/2023. While expenses have increased by 1.9% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

UNIVERSITY OPHTHALMOLOGY, INC. IS ORGANIZED EXCLUSIVELY FOR THE PURPOSE OF SUPPORTING THE EDUCATIONAL MISSION OF THE JACOBS SCHOOL OF MEDICINE AND BIOMEDICAL SCIENCES OF UNIVERSITY AT BUFFALO, STATE UNIVERSITY OF NEW YORK BY PROVIDING CLINICAL INSTRUCTION, SUPERVISION OF STUDENTS, INTERNS, RESIDENTS AND OTHER OPHTHALMIC SERVICES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SUPPORT THE EDUCATIONAL MISSION OF SUNY-BUFFALO JACOBS SCHOOL OF MEDICINE BY PROVIDING CLINICAL INSTRUCTION, SUPERVISION OF STUDENTS, INTERNS, RESIDENTS & INCIDENTAL PROFESSIONAL SERVICES.


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Board, Officers & Key Employees

Name (title)Compensation
James D Reynolds MD
President
$264,805
Sandra Sieminski MD
Vice President
$354,960
Andrew Reynolds MD
Secretary/treasurer
$358,596
Shreya Prabhu MD
Physician
$279,858
John Lillvis MD PHD
Physician
$262,262
Vaitheeswaran Lalguti MD
Physician
$242,779

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Cfo Solutions Plus
Management Consulting
$129,850
Dr Sandra Everett
Physician Services
$128,034
View All Vendors

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$220,837
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$220,837
Total Program Service Revenue$9,671,385
Investment income $24,142
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $150,297
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $10,874,280

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