Visioncorps
- Assets
- $39.7m
- Revenue
- $11.8m
- Investments
- $542.2k
- Employees
- 186
- Location
- Lancaster, PA
- Founding
- 05/1943
- Data as of
- 09/2021
- EIN
- 23-1352349
Organization Overview
Visioncorps is located in Lancaster, PA. The organization was established in 1943. According to its NTEE Classification (P86) the organization is classified as: Blind & Visually Impaired Centers, under the broad grouping of Human Services and related organizations. As of 09/2021, Visioncorps employed 186 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Visioncorps 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 09/2021, Visioncorps generated $11.8m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 6.6% each year. All expenses for the organization totaled $10.0m during the year ending 09/2021. While expenses have increased by 1.2% per year over the past 6 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
EMPOWERING INDIVIDUALS WITH VISION LOSS TO ATTAIN INDEPENDENCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ENTERPRISE GROUP: VISIONCORPS' ENTERPRISE GROUP PROVIDED 114,000 HOURS OF WORK TO EMPLOYEES WHO ARE BLIND. VISIONCORPS' MISSION IS TO EMPOWER INDIVIDUALS WITH VISION LOSS TO ATTAIN INDEPENDENCE; THE MISSION IS FULFILLED THROUGH THIS EMPLOYMENT PROGRAM FOR INDIVIDUALS TO EARN A LIVING WAGE AND BE FINANCIALLY INDEPENDENT. NATIONALLY, THE UNEMPLOYMENT RATE FOR PEOPLE WHO ARE BLIND IS 70%. BECAUSE OF THIS, VISIONCORPS FIRST CONSIDERS INDIVIDUALS WHO ARE BLIND FOR POSITIONS WHICH THEY ARE ACADEMICALLY OR VOCATIONALLY QUALIFIED TO PERFORM AT THE HIGHEST STANDARDS. NO LESS THAN 75% OF DIRECT LABOR PERFORMED AT VISIONCORPS IS DONE BY EMPLOYEES WHO ARE BLIND. IN ADDITION, VISIONCORPS OFFERS TRAINING TO ENCOURAGE UPWARD MOBILITY AND PROMOTIONAL OPPORTUNITIES FOR ALL EMPLOYEES. THROUGHOUT THE ENTIRE AGENCY, EMPLOYEES WHO ARE BLIND HOLD A VARIETY OF POSITIONS AT ALL LEVELS, DEMONSTRATING VISIONCORPS PRIORITY TO EMPLOY THIS UNDEREMPLOYED SEGMENT OF THE POPULATION.
REHABILITATION SERVICES: STATISTICS INDICATE THAT IN THE NEXT DECADE, THE NUMBER OF PEOPLE WHO ARE BLIND IN THE US WILL DOUBLE. IN RESPONSE TO THIS STARTLING FIGURE, VISIONCORPS PROVIDES SERVICES TO RESIDENTS LIVING WITH ALL STAGES OF VISION LOSS. LOW VISION CAN AFFECT EACH PERSON DIFFERENTLY. TO ADDRESS THIS NEED, VISIONCORPS PROVIDED INDIVIDUALIZED AND COMPREHENSIVE REHABILITATION PROGRAMMING TO 1150 INDIVIDUALS THIS YEAR, WITH A TOTAL OF 11,015 HOURS OF DIRECT SERVICE. PREVENTATIVE SERVICES ARE ALSO PROVIDED, AND THIS YEAR 5,879 INDIVIDUALS WERE SCREENED FOR UNDIAGNOSED VISION LOSS. THESE SERVICES ARE ALL PROVIDED AT NO COST TO CLIENTS. THROUGH ASSESSMENT, EDUCATION, SUPPORT, AND INSTRUCTION, VISIONCORPS' GOAL IS TO EMPOWER INDIVIDUALS TO LIVE INDEPENDENTLY AND MAINTAIN THEIR QUALITY OF LIFE.
YOUTH SERVICES: VISIONCORPS PROVIDES QUALITY, FAMILY-CENTERED VISION SERVICES, AND ENRICHMENT ACTIVITIES TO CHILDREN WITH VISION LOSS. CERTIFIED TEACHERS OF THE VISION IMPAIRED AND ORIENTATION & MOBILITY INSTRUCTORS PROVIDE VITAL INFORMATION, CONSULTATION, AND DIRECT SERVICES TO FAMILIES, PARTNERING AGENCIES AND SCHOOL DISTRICTS THROUGHOUT THE COMMUNITY. THESE SERVICES ARE PROVIDED AT ALL STAGES OF DEVELOPMENT, AND PREPARE THEM FOR TRANSITION TO ADULT SERVICES. THIS INCLUDES ASSISTANCE WITH ADVOCACY WHEN APPLYING FOR WORK OR EDUCATIONAL OPPORTUNITIES UPON GRADUATION FROM HIGH SCHOOL. SOCIAL AND RECREATIONAL ACTIVITIES IN YOUTH SERVICES PROVIDE VISIONCORPS' YOUNGEST CLIENTS THE OPPORTUNITY TO MEET AND RELATE TO OTHER CHILDREN FACING THE SAME CHALLENGES, AND DISCOVER WAYS TO OVERCOME THEM. THIS YEAR, 67 CHILDREN WERE SERVED IN THIS CAPACITY, FOR A TOTAL OF 1,869 SERVICE HOURS.
GRANT-MAKING - THE BOARD OF VISIONCORPS APPROVES GRANTS SUPPORTING PROGRAMS THAT ENABLE GREATER FINANCIAL AND SOCIAL INDEPENDENCE FOR PEOPLE WHO ARE BLIND. GRANTS GIVEN INCLUDE GRANTS TO PROGRAMS THAT HAVE PROVIDED 114,000 HOURS OF WORK TO EMPLOYEES WHO ARE BLIND, GIVING THESE INDIVIDUALS ECONOMIC INDEPENDENCE.EDUCATION AND PUBLIC AWARENESS - VISIONCORPS UNDERSTANDS THAT COMMUNITY EDUCATION AND AWARENESS IS CRITICAL IN MAINTAINING SUPPORT FOR ITS PROGRAMS. ONE PARTICULAR PROGRAM SUPPORTED BY THE VISIONCORPS SERVED 1,217 UNIQUE CLIENTS IN ITS MANY SERVICE AREAS, FOR A TOTAL OF 11,015 SERVICE HOURS - THIS WOULD NOT HAVE BEEN POSSIBLE WITHOUT THE SUPPORT OF AN AWARE AND ACTIVELY CONTRIBUTING COMMUNITY. VISONCORPS ALSO SUPPORTED PREVENTATIVE EFFORTS THAT SCREENED 7,748 INDIVIDUALS (CHILDREN AND ADULTS) FOR SIGNS OF VISION LOSS. STATISTICS INDICATE THAT THE NUMBER OF PEOPLE WHO ARE BLIND IN THE UNITED STATES WILL DOUBLE IN THE NEXT DECADE, AND THE CONTINUATION AND INCREASE OF THESE SERVICES IS CRUCIAL.
ENTERPRISE GROUP: VISIONCORPS' ENTERPRISE GROUP PROVIDED 114,000 HOURS OF WORK TO EMPLOYEES WHO ARE BLIND. VISIONCORPS' MISSION IS TO EMPOWER INDIVIDUALS WITH VISION LOSS TO ATTAIN INDEPENDENCE; THE MISSION IS FULFILLED THROUGH THIS EMPLOYMENT PROGRAM FOR INDIVIDUALS TO EARN A LIVING WAGE AND BE FINANCIALLY INDEPENDENT. NATIONALLY, THE UNEMPLOYMENT RATE FOR PEOPLE WHO ARE BLIND IS 70%. BECAUSE OF THIS, VISIONCORPS FIRST CONSIDERS INDIVIDUALS WHO ARE BLIND FOR POSITIONS WHICH THEY ARE ACADEMICALLY OR VOCATIONALLY QUALIFIED TO PERFORM AT THE HIGHEST STANDARDS. NO LESS THAN 75% OF DIRECT LABOR PERFORMED AT VISIONCORPS IS DONE BY EMPLOYEES WHO ARE BLIND. IN ADDITION, VISIONCORPS OFFERS TRAINING TO ENCOURAGE UPWARD MOBILITY AND PROMOTIONAL OPPORTUNITIES FOR ALL EMPLOYEES. THROUGHOUT THE ENTIRE AGENCY, EMPLOYEES WHO ARE BLIND HOLD A VARIETY OF POSITIONS AT ALL LEVELS, DEMONSTRATING VISIONCORPS PRIORITY TO EMPLOY THIS UNDEREMPLOYED SEGMENT OF THE POPULATION.
REHABILITATION SERVICES: STATISTICS INDICATE THAT IN THE NEXT DECADE, THE NUMBER OF PEOPLE WHO ARE BLIND IN THE US WILL DOUBLE. IN RESPONSE TO THIS STARTLING FIGURE, VISIONCORPS PROVIDES SERVICES TO RESIDENTS LIVING WITH ALL STAGES OF VISION LOSS. LOW VISION CAN AFFECT EACH PERSON DIFFERENTLY. TO ADDRESS THIS NEED, VISIONCORPS PROVIDED INDIVIDUALIZED AND COMPREHENSIVE REHABILITATION PROGRAMMING TO 1150 INDIVIDUALS THIS YEAR, WITH A TOTAL OF 11,015 HOURS OF DIRECT SERVICE. PREVENTATIVE SERVICES ARE ALSO PROVIDED, AND THIS YEAR 5,879 INDIVIDUALS WERE SCREENED FOR UNDIAGNOSED VISION LOSS. THESE SERVICES ARE ALL PROVIDED AT NO COST TO CLIENTS. THROUGH ASSESSMENT, EDUCATION, SUPPORT, AND INSTRUCTION, VISIONCORPS' GOAL IS TO EMPOWER INDIVIDUALS TO LIVE INDEPENDENTLY AND MAINTAIN THEIR QUALITY OF LIFE.
YOUTH SERVICES: VISIONCORPS PROVIDES QUALITY, FAMILY-CENTERED VISION SERVICES, AND ENRICHMENT ACTIVITIES TO CHILDREN WITH VISION LOSS. CERTIFIED TEACHERS OF THE VISION IMPAIRED AND ORIENTATION & MOBILITY INSTRUCTORS PROVIDE VITAL INFORMATION, CONSULTATION, AND DIRECT SERVICES TO FAMILIES, PARTNERING AGENCIES AND SCHOOL DISTRICTS THROUGHOUT THE COMMUNITY. THESE SERVICES ARE PROVIDED AT ALL STAGES OF DEVELOPMENT, AND PREPARE THEM FOR TRANSITION TO ADULT SERVICES. THIS INCLUDES ASSISTANCE WITH ADVOCACY WHEN APPLYING FOR WORK OR EDUCATIONAL OPPORTUNITIES UPON GRADUATION FROM HIGH SCHOOL. SOCIAL AND RECREATIONAL ACTIVITIES IN YOUTH SERVICES PROVIDE VISIONCORPS' YOUNGEST CLIENTS THE OPPORTUNITY TO MEET AND RELATE TO OTHER CHILDREN FACING THE SAME CHALLENGES, AND DISCOVER WAYS TO OVERCOME THEM. THIS YEAR, 67 CHILDREN WERE SERVED IN THIS CAPACITY, FOR A TOTAL OF 1,869 SERVICE HOURS.
GRANT-MAKING - THE BOARD OF VISIONCORPS APPROVES GRANTS SUPPORTING PROGRAMS THAT ENABLE GREATER FINANCIAL AND SOCIAL INDEPENDENCE FOR PEOPLE WHO ARE BLIND. GRANTS GIVEN INCLUDE GRANTS TO PROGRAMS THAT HAVE PROVIDED 114,000 HOURS OF WORK TO EMPLOYEES WHO ARE BLIND, GIVING THESE INDIVIDUALS ECONOMIC INDEPENDENCE.EDUCATION AND PUBLIC AWARENESS - VISIONCORPS UNDERSTANDS THAT COMMUNITY EDUCATION AND AWARENESS IS CRITICAL IN MAINTAINING SUPPORT FOR ITS PROGRAMS. ONE PARTICULAR PROGRAM SUPPORTED BY THE VISIONCORPS SERVED 1,217 UNIQUE CLIENTS IN ITS MANY SERVICE AREAS, FOR A TOTAL OF 11,015 SERVICE HOURS - THIS WOULD NOT HAVE BEEN POSSIBLE WITHOUT THE SUPPORT OF AN AWARE AND ACTIVELY CONTRIBUTING COMMUNITY. VISONCORPS ALSO SUPPORTED PREVENTATIVE EFFORTS THAT SCREENED 7,748 INDIVIDUALS (CHILDREN AND ADULTS) FOR SIGNS OF VISION LOSS. STATISTICS INDICATE THAT THE NUMBER OF PEOPLE WHO ARE BLIND IN THE UNITED STATES WILL DOUBLE IN THE NEXT DECADE, AND THE CONTINUATION AND INCREASE OF THESE SERVICES IS CRUCIAL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dennis Steiner President/ceo | Officer | 40 | $188,425 |
Jodie Reinhart Vp/cfo | Officer | 40 | $155,786 |
Chuck Blair Vp/cio | Officer | 40 | $130,585 |
Beth Tice Vp/coo | Officer | 40 | $113,987 |
Sherry Harry VP Of Bus Dev & Marketing | Officer | 40 | $104,810 |
Carolyn Madison VP Of Management Services | Officer | 40 | $97,323 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $80,928 |
| Related organizations | $498,779 |
| Government grants | $2,429,698 |
| All other contributions, gifts, grants, and similar amounts not included above | $266,176 |
| Noncash contributions included in lines 1a–1f | $133,684 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,275,581 |
| Total Program Service Revenue | $0 |
| Investment income | $320,314 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $57,639 |
| Net Gain/Loss on Asset Sales | $282,419 |
| Net Income from Fundraising Events | -$34,629 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $7,891,726 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $11,840,915 |
| 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. | $964,919 |
| Compensation of current officers, directors, key employees. | $226,300 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $5,547,530 |
| Pension plan accruals and contributions | $321,276 |
| Other employee benefits | $744,761 |
| Payroll taxes | $468,514 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $7,924 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $10,986 |
| Fees for services: Investment Management | $41,795 |
| Fees for services: Other | $347,278 |
| Advertising and promotion | $11,468 |
| Office expenses | $260,482 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $530,031 |
| Travel | $43,508 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $2,788 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $511,679 |
| Insurance | $103,021 |
| All other expenses | $0 |
| Total functional expenses | $10,024,097 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $27,990 |
| Savings and temporary cash investments | $2,657,381 |
| Pledges and grants receivable | $20,737 |
| Accounts receivable, net | $2,243,475 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $3,353,721 |
| Prepaid expenses and deferred charges | $15,150 |
| Net Land, buildings, and equipment | $7,818,083 |
| Investments—publicly traded securities | $18,450,326 |
| Investments—other securities | $542,191 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $4,539,887 |
| Total assets | $39,668,941 |
| Accounts payable and accrued expenses | $1,757,734 |
| Grants payable | $0 |
| Deferred revenue | $20,410 |
| 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 | $237,750 |
| Unsecured mortgages and notes payable | $1,392,601 |
| Other liabilities | $139,677 |
| Total liabilities | $3,548,172 |
| Net assets without donor restrictions | $29,715,904 |
| Net assets with donor restrictions | $6,404,865 |
| 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 | $39,668,941 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Visioncorps has recieved totaling $39,504.
| Awarding Organization | Amount |
|---|---|
Mary E Grebinger Tr Uw Pittsburgh, PA PURPOSE: GENERAL SIPPORT | $28,324 |
Alice K Kime Charities Pittsburgh, PA PURPOSE: GENERAL SUPPORT | $10,197 |
Paul M Kauffman Trust Pittsburgh, PA PURPOSE: GENERAL SUPPORT | $983 |
Endowment Analysis
| Beg. Balance | $470,654 |
| Earnings | $89,213 |
| Other Expense | $17,676 |
| Ending Balance | $542,191 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Helen Keller Services Brooklyn, NY | $124,201,527 | $36,076,194 |
Guiding Eyes For The Blind Inc Yorktown Heights, NY | $122,120,627 | $42,129,166 |
The Seeing Eye Inc Morristown, NJ | $385,225,116 | $33,620,552 |
Learning Ally Inc Princeton, NJ | $38,562,596 | $31,390,401 |
Association For The Blind And Visually Impaired-Goodwill Industr Rochester, NY | $38,384,000 | $14,634,022 |
Via Visually Impaired Advancement Buffalo, NY | $14,312,562 | $14,987,718 |
Keystone Blind Association Hermitage, PA | $7,368,800 | $13,832,538 |
Visions Services For The Blind And Visually Impaired New York, NY | $132,242,399 | $14,332,092 |
Cincinnati Association For The Blind Cincinnati, OH | $47,537,282 | $12,376,472 |
Cleveland Society For The Blind Cleveland, OH | $134,853,057 | $29,589,386 |
Blind Industries & Services Of Maryland Baltimore, MD | $36,482,311 | $9,322,066 |
North Central Sight Services Inc Williamsport, PA | $12,090,988 | $11,041,823 |