Chicago Ophthalmological Society
- Assets
- $112.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Vernon Hills, IL
- Founding
- 03/1984
- Data as of
- 06/2021
- EIN
- 36-2516453
Organization Overview
Chicago Ophthalmological Society is located in Vernon Hills, IL. The organization was established in 1984. 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. Chicago Ophthalmological Society is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 06/2021, Chicago Ophthalmological Society generated $87.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (6.1%) each year. All expenses for the organization totaled $48.0k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (10.5%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard Paul Exec. Direct | 7 | $29,408 | |
Jennifer Lim MD Vice-Preside | 1 | $0 | |
Laura Sanders MD President | 2 | $0 | |
David Yoo MD Treasurer | 1 | $0 | |
Nicholas J Volpe MD Secretary | 1 | $0 | |
Thomas R Mizen MD Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $18,494 |
| Membership dues | $69,147 |
| Investment income | $171 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $87,812 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $29,408 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $771 |
| Other expenses | $17,828 |
| Total expenses | $48,007 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $112,544 |
| Other assets | $0 |
| Total assets | $112,544 |
| Total liabilities | $0 |
| Net assets or fund balances | $112,544 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Missouri Lions Eye Research Foundation Kansas City, MO | $11,391,885 | $10,320,745 |
Beyond Vision Inc Milwaukee, WI | $23,591,708 | $9,394,034 |
National Society To Prevent Blindness Chicago, IL | $17,829,229 | $4,816,823 |
Kleb Inc Louisville, KY | $1,708,878 | $3,338,144 |
Vision Forward Association Incorporated Milwaukee, WI | $6,770,094 | $2,817,896 |
League For The Blind And Disabled Inc Fort Wayne, IN | $13,675,160 | $2,904,502 |
Center For Sight & Hearing Rockford, IL | $9,055,491 | $458,096 |
Delta Gamma Center For Children With Visual Impairments Saint Louis, MO | $8,354,019 | $2,664,417 |
St Louis Society For The Blind St Louis, MO | $19,259,060 | $3,202,136 |
Horizons For The Blind Inc Crystal Lake, IL | $4,367,983 | $2,299,343 |
Indiana Optometric Association Inc Carmel, IN | $2,332,452 | $1,838,824 |
Iowa Optometric Association West Des Moines, IA | $3,760,263 | $1,289,293 |