Illinois Society For The Prevention Of Blindness
- Assets
- $5.6m
- Revenue
- $263.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 11/1933
- Data as of
- 03/2024
- EIN
- 36-2167746
Organization Overview
Illinois Society For The Prevention Of Blindness is located in Chicago, IL. The organization was established in 1933. According to its NTEE Classification (G41) the organization is classified as: Eye Diseases, Blindness & Vision Impairments, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Illinois Society For The Prevention Of Blindness 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 03/2024, Illinois Society For The Prevention Of Blindness generated $263.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (3.1%) each year. All expenses for the organization totaled $382.9k during the year ending 03/2024. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Illinois Society For The Prevention Of Blindness has awarded 41 individual grants totaling $814,812. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
ISPB AIMS TO REDUCE PREVENTABLE CAUSES OF BLINDNESS BY EDUCATING THE PUBLIC ON THE NECESSITY FOR AND THE METHODS OF PREVENTING BLINDNESS BY ATTENDING HEALTH FAIRS AND PRESENTATIONS IN THE COMMUNITY, ENSURING ACCESS TO EYE CARE, FUNDING RESEARCH, AND PROVIDING LOW VISION EQUIPMENT TO THOSE WHO CANNOT AFFORD IT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PUBLIC HEALTH EDUCATION -INFORMING THE PUBLIC (ESPECIALLY IN LOW INCOME AND UNDER INSURED AREAS) ABOUT THE BASIC FACTS OF EYE CARE, HEALTH AND SAFETY THROUGH GRASS ROOTS EFFORTS INCLUDING HEALTH FAIRS AND PRESENTATIONS. WE ALSO ASSIST IN FINDING ACCESS TO QUALITY EYE CARE AND SERVICES FOR THOSE WHO ARE NOT INSURED. PROVIDING SEED GRANTS TO YOUNG, UP AND COMING RESEARCHERS AT ACCREDITED UNIVERSITIES IN ILLINOIS. ISPB PROVIDES FUNDS TO ENCOURAGE MEDICAL STUDENTS, RESIDENTS, GRADUATE STUDENTS, AND FELLOWS TO FIND CURES AND CAUSES OF EYE DISEASE.
COMMUNITY SERVICE - PROMOTING VISION SCREENING AND EXAMS FOR THE EARLY DETECTION OF EYE TROUBLE AMONG ALL ILLINOIS RESIDENTS.
EYEGLASSES/LOW VISION AIDE - PROVIDING INDIVIDUALS WITH EYEGLASSES/LOW VISION AIDS THEY CANNOT AFFORD IN PARTNERSHIP WITH ILLINOIS LOW VISION CLINICS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mary Elizabeth White CPA President | OfficerTrustee | 2 | $0 |
Kara E Crumbliss Od Vice Preside | OfficerTrustee | 2 | $0 |
Charles S Bouchard MD Vice Preside | OfficerTrustee | 2 | $0 |
Thomas S Bridges Secy/treasur | OfficerTrustee | 2 | $0 |
Chris Albanis MD Director | Trustee | 1 | $0 |
David Yoo MD Director | 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 | $133,677 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $133,677 |
| Total Program Service Revenue | $0 |
| Investment income | $69,033 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $60,359 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $263,069 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $69,745 |
| 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 | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,352 |
| 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 | $1,593 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $1,405 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,390 |
| Insurance | $1,886 |
| All other expenses | $1,847 |
| Total functional expenses | $382,943 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $91,996 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $750 |
| 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 | $1,910 |
| Net Land, buildings, and equipment | $232 |
| Investments—publicly traded securities | $3,982,044 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,476,468 |
| Total assets | $5,553,400 |
| Accounts payable and accrued expenses | $20,380 |
| 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 | $0 |
| Total liabilities | $20,380 |
| Net assets without donor restrictions | $3,903,145 |
| Net assets with donor restrictions | $1,629,875 |
| 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 | $5,553,400 |
Grants Awarded
Over the last fiscal year, Illinois Society For The Prevention Of Blindness has awarded $62,140 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
LOYOLA UNIVERSITY MEDICAL CENTER PURPOSE: RESEARCH | $10,000 |
UNIVERSITY OF CHICAGO PURPOSE: RESEARCH | $10,000 |
NORTHWESTERN UNIVERSITY PURPOSE: RESEARCH | $24,490 |
UNIVERSITY OF IL AT CHICAGO PURPOSE: RESEARCH | $17,650 |