Association For Vision Rehabilitation And Employment Inc

Organization Overview

Association For Vision Rehabilitation And Employment Inc is located in Binghamton, NY. The organization was established in 1939. According to its NTEE Classification (J33) the organization is classified as: Sheltered Employment, under the broad grouping of Employment and related organizations. As of 06/2022, Association For Vision Rehabilitation And Employment Inc employed 74 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Association For Vision Rehabilitation And Employment 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, Association For Vision Rehabilitation And Employment Inc generated $4.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.9% each year. All expenses for the organization totaled $4.0m during the year ending 06/2022. 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

TO CREATE OPPORTUNITIES FOR SUCCESS AND INDEPENDENCE WITH PEOPLE WHO ARE BLIND OR VISUALLY IMPAIRED. TO BE THE FIRST IN CHOICE IN QUALITY IN SERVICES AND EMPLOYMENT FOR PEOPLE WHO ARE BLIND.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE ASSOCIATION IS A NOT FOR PROFIT THAT EMPLOYS 51 EMPLOYEES, 24 OF WHOM ARE VISUALLY IMPAIRED AT ALL LEVELS OF THE ORGANIZATION.THE BUSINESS DIVISION/CONTRACT SERVICE DIVISION EMPLOYS 38 INDIVIDUALS, 23 OF WHOM ARE VISUALLY IMPAIRED. QUALITY EMPLOYMENT FOR VISUALLY IMPAIRED INDIVIDUALS IS CREATED IN ROLL STOCK PAPER CONVERSION, SWITCHBOARD, ASSEMBLY, AND RELATED JOBS.


THE VISION REHABILITATION SERVICES DIVISION PROVIDES A WIDE RANGE OF INDEPENDENT LIVING AND EMPLOYMENT SERVICES FOR PEOPLE OF ALL AGES WITH A VISION IMPAIRMENT. THE ASSOCIATION REGISTER LISTED 1,800 INDIVIDUALS WITH A VISION IMPAIRMENT IN THE CURRENT FISCAL YEAR.


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Board, Officers & Key Employees

Name (title)Compensation
Kenny Fernald
President & CEO
$199,814
Marissa Robbins
CFO
$81,635
Lou Mckeage
Chairman
$0
Alecia Lashier
Secretary
$0
Ferris Akel III
Treasurer
$0
Maria Wilson
Vice Chair
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$3,115
Related organizations$506,030
Government grants $1,195,899
All other contributions, gifts, grants, and similar amounts not included above$146,887
Noncash contributions included in lines 1a–1f $19,185
Total Revenue from Contributions, Gifts, Grants & Similar$1,851,931
Total Program Service Revenue$182,813
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $8,400
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $30,180
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $2,316,126
Miscellaneous Revenue$0
Total Revenue $4,402,456

Grants Recieved

Over the last fiscal year, we have identified 4 grants that Association For Vision Rehabilitation And Employment Inc has recieved totaling $15,076.

Awarding OrganizationAmount
United Way Of Broome County Inc

Binghamton, NY

PURPOSE: FEDERAL COMPLIANCE PROJECT

$7,400
Network For Good Inc

Washington, DC

PURPOSE: UNRESTRICTED

$6,376
Jacob & Rose Olum Foundation

Binghamton, NY

PURPOSE: GENERAL

$800
Marvin And Annette Lee Foundation Inc

Greenville, NH

PURPOSE: TO SUPPORT CHARITABLE ACTIVITIES

$500
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$1,281,787
Earnings-$152,296
Other Expense$18,620
Ending Balance$1,110,871

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