Ocular Immunology And Uveitis Foundation Inc
- Assets
- $1.1m
- Revenue
- $733.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Weston, MA
- Founding
- 11/2006
- Data as of
- 12/2022
- EIN
- 20-1891037
Organization Overview
Ocular Immunology And Uveitis Foundation Inc is located in Weston, MA. The organization was established in 2006. According to its NTEE Classification (H41) the organization is classified as: Eye Diseases, Blindness & Vision Impairments Research, under the broad grouping of Medical Research and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ocular Immunology And Uveitis Foundation 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 12/2022, Ocular Immunology And Uveitis Foundation Inc generated $733.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (4.5%) each year. All expenses for the organization totaled $733.9k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (2.5%) per year over the past 8 years. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE OCULAR IMMUNOLOGY AND UVEITIS FOUNDATION IS DEDICATED TO IMPROVING THE DIAGNOSIS AND TREATMENT AND FINDING THE CAUSES AND CURES OF UVEITIS AND OTHER OCULAR INFLAMMATORY DISEASES, INCREASE AWARENESS OF UVEITIS AMOUNG HEALTH PROFESSIONALS AND THE PUBLIC, AND SUPPORT INDIVIDUALS AND FAMILIES AFFECTED BY THE DISEASE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
VARIOUS RESEARCH STUDIES AND DEVELOPMENT TO PROMOTE AND CARRY OUT SCIENTIFIC AND MEDICAL RESEARCH IN THE FIELD OF DISEASES OF THE EYE.
PHYSICIAN EDUCATION CONFERENCE: A COMPREHENSIVE COVERAGE OF NEW AND EMERGING DEVELOPMENTS IN THE SUBSPECIALTIES OF CORNEA, GLAUCOMA, CATARACT & REFRACTIVE SURGERY, OCULOPLASTICS, UVEITIS AND INFECTIOUS DISEASE. THE FACULTY CONSISTED OF NINETEEN OPHTHALMOLOGISTS. PHYSICIANS FROM ALL OVER NEW ENGLAND ATTENDED THE CONFERENCE.
SUPPORT GROUP PROGRAMS, CONSISTS GENERALLY OF GROUP SPEAKERS, EDUCATIONAL AND SUPPORT RESOURCES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Stephen Foster President | OfficerTrustee | 8 | $0 |
A Richard Hersum Director / Vice Chairman | OfficerTrustee | 0 | $0 |
Scott Evans Director / Treasurer | OfficerTrustee | 5 | $0 |
Peter Netland MD Director | Trustee | 0 | $0 |
Dr David S Chu Director | Trustee | 0 | $0 |
Andrea Patisteas Vice Chair | OfficerTrustee | 0 | $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 | $581,728 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $581,728 |
| Total Program Service Revenue | $0 |
| Investment income | $19,165 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $49,354 |
| Net Income from Fundraising Events | $83,376 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $733,623 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $22,518 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $19,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $33,263 |
| Travel | $27,642 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $72,601 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $20,513 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $733,858 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $41,866 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $133,313 |
| Accounts receivable, net | $0 |
| 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 | $2,757 |
| Net Land, buildings, and equipment | $19,569 |
| Investments—publicly traded securities | $882,325 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,079,830 |
| Accounts payable and accrued expenses | $18,879 |
| 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 | $50,000 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $68,879 |
| Net assets without donor restrictions | $1,010,951 |
| Net assets with donor restrictions | $0 |
| 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 | $1,079,830 |