Vision Share Inc
- Assets
- $3.6m
- Revenue
- $7.4m
- Investments
- $0.0
- Employees
- 7
- Location
- Chicago, IL
- Founding
- 05/1999
- Data as of
- 12/2022
- EIN
- 54-1912098
Organization Overview
Vision Share Inc is located in Chicago, IL. The organization was established in 1999. 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 12/2022, Vision Share Inc employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Vision Share 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 12/2022, Vision Share Inc generated $7.4m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (5.9%) each year. All expenses for the organization totaled $7.0m during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (5.6%) per year over the past 8 years. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE DISTRIBUTION OF EYE TISSUE FOR TRANSPLANT, RESEARCH, AND MEDICAL EDUCATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE DISTRIBUTION OF EYE TISSUE FOR TRANSPLANT, RESEARCH, AND MEDICAL EDUCATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Wade Mcentire Vice Chair | OfficerTrustee | 2 | $0 |
Diane Hollingsworth Director | Trustee | 2 | $0 |
Timothy Fischer Treasurer | OfficerTrustee | 2 | $0 |
Lynn Forest-Smith Chair | OfficerTrustee | 2 | $0 |
Arthur Kurz Secretary | OfficerTrustee | 2 | $0 |
Sam Ramos Director | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Saving Sight Business Support | 12/30/15 | $317,488 |
Interim Executives Interim Ceo | 12/30/15 | $238,274 |
Eversight Business Office Support | 12/30/15 | $150,000 |
Parker Poe Adams Berstein Llp Legal Services | 12/30/15 | $119,900 |
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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $7,387,807 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $7,407,111 |
| 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. | $81,440 |
| Compensation of current officers, directors, key employees. | $81,440 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $419,221 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $32,596 |
| Fees for services: Legal | $3,425 |
| Fees for services: Accounting | $109,025 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,046 |
| Advertising and promotion | $44,554 |
| Office expenses | $9,739 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $44,419 |
| 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 | $1,662 |
| Insurance | $4,471 |
| All other expenses | $22,733 |
| Total functional expenses | $7,040,470 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,242,559 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,319,820 |
| 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 | $13,672 |
| Net Land, buildings, and equipment | $5,316 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,581,367 |
| Accounts payable and accrued expenses | $1,821,870 |
| 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 | $38,250 |
| Total liabilities | $1,860,120 |
| Net assets without donor restrictions | $1,721,247 |
| Net assets with donor restrictions | $0 |
| 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 | $3,581,367 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Cota Childrens Organ Transplant Association Inc Bloomington, IN | $44,330,494 | $9,039,554 |
Vision Share Inc Chicago, IL | $3,581,367 | $7,407,111 |
Indiana Lions Eye Bank Inc Carmel, IN | $16,987,550 | $6,505,351 |
Lions Eye Bank Of Wisconsin Inc Madison, WI | $9,167,858 | $5,542,731 |
Anatomical Gift Association Chicago, IL | $1,872,231 | $1,151,330 |
Cornea360 Kansas City, MO | $0 | $596,315 |
Iopo Foundation Inc Indianapolis, IN | $830,367 | $397,995 |
National Body Donor Program St Louis, MO | $16,145 | $218,000 |
International Association Of Lions Clubs Washington, MO | $282,321 | $0 |
Donna Frett Organ Donation Foundation Mchenry, IL | $0 | $0 |
Eversight Illinois Chicago, IL | $0 | $0 |