Lions Eye Institute For Transplant And Research Inc

Organization Overview

Lions Eye Institute For Transplant And Research Inc is located in Tampa, FL. The organization was established in 1973. 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 06/2022, Lions Eye Institute For Transplant And Research Inc employed 171 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lions Eye Institute For Transplant And Research 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 06/2022, Lions Eye Institute For Transplant And Research Inc generated $30.3m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 20.7% each year . All expenses for the organization totaled $25.5m during the year ending 06/2022. While expenses have increased by 17.0% per year over the past 7 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

2022

Describe the Organization's Mission:

Part 3 - Line 1

IMPROVE VISUAL OUTCOMES AND QUALITY OF LIFE FOR THOSE WHO ARE BLIND OR VISUALLY IMPAIRED.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE LIONS EYE INSTITUTE FOR TRANSPLANT & RESEARCH IS ONE OF THE LARGEST COMBINED NONPROFIT EYE BANKS AND OCULAR RESEARCH CENTERS IN THE WORLD. WE RECOVER OCULAR TISSUE FROM 62 OUT OF 67 COUNTIES IN FLORIDA, PROCESSING THE TISSUE IN OUR HEADQUARTERS IN YBOR CITY AND ENSURING IT IS SAFE FOR TRANSPLANT, GIVING THE GIFT OF SIGHT TO PEOPLE THROUGHOUT THE UNITED STATES AND IN OVER 80 COUNTRIES AROUND THE WORLD. WE RECOVER, PROCESS, AND DISTRIBUTE OVER 10,000 CORNEAS PER YEAR. THE ORGANIZATION'S EYE BANK SERVICE IS KNOWN FOR ITS PRACTICE EXCELLENCE IN SERVICE QUALITY AND INNOVATION CONSTANTLY DEVELOPING NEW PROCESSING TECHNIQUES AND PRODUCTS TO IMPROVE CORNEA TRANSPLANT CLINICAL OUTCOMES. THE ORGANIZATION WAS THE FIRST TO OFFER AN ULTRA-THIN DSAEK PREPARATION (CONTINUED ON SCHEDULE O)PROCEDURE, A NON-TOUCH HYDRO-DISSECTION PREPARATION OF DMEK AND PDEK GRAFTS, A PRE-LOADED DSAEK GRAFT, AND A PRE-LOADED DMEK AND PDEK GRAFT IN A LIONS EYE INSTITUTE INSPIRED GLASS TUBE PROMOTING THE SMALLEST INCISION FOR IMPLANTING DMEK AND PDEK CORNEAS. IN OUR OCULAR RESEARCH CENTER, WE ARE WORKING ON LONG-TERM STUDIES RELATED TO TREATMENTS FOR AGE-RELATED MACULAR DEGENERATION AND GLAUCOMA. WE ARE LEADING THE INDUSTRY IN INNOVATIONS TO ADVANCE THE EYE BANKING INDUSTRY, WHILE WORKING ON EYE BANK DEVELOPMENT AROUND THE WORLD. IN NOVEMBER 2018, THE INSTITUTE PARTNERED WITH RTI DONOR SERVICES, INC. (RTIDS), A NONPROFIT ORGANIZATION DEDICATED TO PROVIDING RESPONSIBLE STEWARDSHIP OF THE GIFT OF TISSUE DONATION AND ANNOUNCED AN EXPANDED RELATIONSHIP TO INCREASE EFFICIENCIES IN TISSUE DONATION AND ENHANCE PATIENTS' LIVES. THROUGH THIS RELATIONSHIP, EACH PARTNER FOCUSES ON ITS CORE AREA OF EXPERTISE. THE INSTITUTE MANAGES ALL ASPECTS OF TISSUE RECOVERY SERVICES FOR FLORIDA HOSPITALS IN RTIDS' FORMER SERVICE AREA, AND RTIDS FOCUSES SPECIFICALLY ON ACQUIRING TISSUE FOR PROCESSING AND DISTRIBUTION. THIS EXPANSION MOVED THE INSTITUTE FROM EXCLUSIVELY PROCURING EYE TISSUE TO ASSUMING RESPONSIBILITY FOR PROCUREMENT OF BONE, SKIN, HEART VALVES, CONNECTIVE TISSUE AND VEINS USED IN SURGERIES AND MEDICAL RESEARCH AT HOSPITALS THROUGHOUT FLORIDA.


PUBLIC & PROFESSIONAL EDUCATION - INCREASED AWARENESS OF NEED FOR TISSUE PROCUREMENT WITH LONG TERM GOAL OF INCREASING THE NUMBER OF DONORS.


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Board, Officers & Key Employees

Name (title)Compensation
Jason K Woody
President & CEO
$374,816
Jeffery Thomas
Regional Vice President
$226,899
Arthur Kurz
Cmo
$222,700
Beatriz D Viamontes
CFO
$180,304
David Ammar
Scientific Director
$153,897
Karen Demarco
Director Of Marketing
$138,435

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Arco Murray Construction Company
Maintenance
$1,008,476
Eurofins Donor & Product Testing Inc
Lab Tests
$838,086
Cincinnati Eye Bank For Sight Rest
Tissue
$703,090
Mnx - Midnite Air Corp
Ship
$486,225
Mid-america Transplant Services
Tissue
$425,348
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$614,223
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$614,223
Total Program Service Revenue$27,930,812
Investment income $471,753
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $21,579
Net Gain/Loss on Asset Sales $1,152,749
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $30,316,116

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Lions Eye Institute For Transplant And Research Inc has recieved totaling $660,241.

Awarding OrganizationAmount
$605,241
United Way Suncoast Inc

Tampa, FL

PURPOSE: ALLOCATIONS, DESIGNATIONS, DISASTER RELIEF RESPONSE, GRANTS & PROGRAM IMPACT FUNDING

$55,000
View Grant Recipient Profile

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