2025-09-03T18:12:16-05:00 2024-06-30 135565207 KPMG LLP 1735 MARKET STREET PHILADELPHIA PA 191032499 990 2023-07-01 233065896 WILLS EYE OPHTHALMOLOGY CLINIC INC WILL 2159283320 840 WALNUT STREET 15TH FLOOR PHILADELPHIA PA 19107 MICHAEL ALLEN CHIEF OPERATING OFFICER 2154403150 2025-09-03 1 0 PHILLIP E GROFF P01247783 2672567000 2025-09-03 2023 2025-03-06 01:10:19Z DR JULIA HALLER 840 WALNUT STREET 15TH FLOOR PHILADELPHIA PA 19107 31970742 0 X WWW.WILLSEYE.ORG X 2000 PA HEALTH CARE PROVIDER, EMERGENCY ROOM PHYSICIANS AND EDUCATIONAL TRAINING SITE. 1 0 338 0 468063 0 0 0 30391723 30890654 0 0 1002539 1080088 31394262 31970742 0 0 0 0 25754228 28365976 0 0 0 13065145 13780675 38819373 42146651 -7425111 -10175909 6748089 11891782 14059431 21108564 -7311342 -9216782 HEALTH CARE PROVIDER 0 0 39136688 31502679 PROVIDE HEALTHCARE CLINIC AND EMERGENCY ROOM SERVICES TO INDIVIDUALS ON AN OUTPATIENT BASIS. TOTAL VISITS WERE 125,005, TOTAL PROCEDURES/DIAGNOSTIC TESTING WERE 99,648 AND EMERGENCY ROOM VISITS WERE 15,739. EDUCATION AND CLINICAL ROTATION FOR RESIDENTS AND MEDICAL STUDENTS FROM THE THOMAS JEFFERSON UNIVERSITY. 39136688 1 0 0 0 0 0 0 0 0 0 1 0 0 1 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 224 0 1 338 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 1 0 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 0 1 1 0 X MICHAEL ALLEN 2154403150 840 WALNUT STREET PHILADELPHIA PA 19107 JOSEPH P BILSON PRESIDENT & DIRECTOR 6.00 34.00 X X 0 533050 84631 DR JULIA HALLER VICE PRESIDENT 12.00 28.00 X 0 1496332 76880 MICHAEL ALLEN SECRETARY 4.00 36.00 X 0 428139 19078 SHELLEY D JOHNSON TREASURER 5.00 35.00 X 0 243957 826 GINA M PINO EXECUTIVE DIRECTOR 40.00 0.00 X 261640 0 2102 DR CHRISTOPHER RAPUANO PHYSICIAN 40.00 0.00 X 429143 0 10249 DR DOUGLAS WISNER PHYSICIAN 40.00 0.00 X 445357 0 5256 DR JONATHAN MYERS PHYSICIAN 40.00 0.00 X 313458 0 10333 DR KAMMI GUNTON PHYSICIAN 40.00 0.00 X 335109 0 5256 DR ROBERT SERGOTT PHYSICIAN 40.00 0.00 X 474543 0 2628 DR JURJI BILYK PHYSICIAN 40.00 0.00 X 724330 0 81134 DR BEERAN MEGHPARA PHYSICIAN 40.00 0.00 X 623141 0 2628 ZEBA A SYED PHYSICIAN 40.00 0.00 X 549147 0 2628 DR REZA RAZEGHINEJAD PHYSICIAN 40.00 0.00 X 495661 0 2628 DR ROBERT BAILEY PHYSICIAN 40.00 0.00 X 426400 0 3416 5077929 2701478 309673 42 0 1 0 MID ATLANTIC RETINA 4060 BUTLER PIKE SUITE 200 PLYMOUTH MEETING PA 19462 PHYSICIAN SERVICES 576082 NEXTGEN HEALTHCARE INFORMATION SYSTEMS 18111 VON KARMAN AVE IRVINE CA 92612 EHR SYSTEM 493405 WELLTOWER OM GROUP LLC 4500 DORR ST TOLEDO OH 43615 PROPERTY LEASE 431932 PR GALLERY I LIMITED PARTNERSHIP PO BOX 511882 LOS ANGELES CA 900511827 PROPERTY LEASING SERVICES 256845 RODIN MARKET PARTNERS LP PO BOX 782466 PHILADELPHIA PA 191782466 PROPERTY LEASING SERVICES 240702 8 NET PATIENT REVENUE 621400 29049591 29049591 OPTICAL SHOP ONE 446130 571941 571941 OPTICAL SHOP TWO 446130 468063 468063 OUTSIDE PRACTICE INCOM 621400 374783 374783 TJUH REVENUE 621400 323253 323253 103023 103023 30890654 CONTACT LENS SALES 561110 430265 430265 COMP REMUN INCOME 561000 361956 361956 TELEMEDICINE INCOME 561110 145160 145160 142707 142707 1080088 31970742 31502679 468063 0 2543097 2228048 315049 21154203 19461867 1692336 360000 329505 30495 2798138 2561109 237029 1510538 1382581 127957 121977 121977 8592 7905 687 852845 784617 68228 37010 34049 2961 1412203 1299227 112976 123507 113626 9881 569151 523619 45532 182298 167714 14584 47068 43303 3765 270553 248909 21644 1173581 1173581 1356547 1248023 108524 PATIENT CARE COSTS 5035305 4869963 165342 BAD DEBT 1927871 1927871 REPAIRS & MAINTENANCE 634661 583888 50773 LICENSES AND GEN TAX 27506 25306 2200 42146651 39136688 3009963 0 161178 336250 4315363 3968490 222661 223971 94000 98919 9758082 4076505 353824 5681577 1601063 1582575 6748089 11891782 6614769 7924121 151978 152049 7292684 13032394 14059431 21108564 X -7311342 -9216782 -7311342 -9216782 6748089 11891782 X -10175909 890 -730421 9000000 X 0 1 X 1 0 X X 1 CITY OF PHILADELP - TRUSTEE ADMINISTERING WILLS EYE HOSPITAL 236000204 3 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 SCHEDULE A, PART IV, SECTION A, LINE 1: WEOC WAS INCORPORATED IN 1988 TO PROVIDE SUPPORT TO THE WILLS EYE HOSPITAL BY OPERATING A CHARITABLE OPHTHALMOLOGY CLINIC AND PROVIDING TRAINING IN THE SCIENCE AND DELIVERY OF OPHTHALMOLOGY CARE TO THOSE WHO NEED IT. SINCE INCEPTION, WEOC HAS WORKED CLOSELY WITH WILLS EYE HOSPITAL TO SUPPORT THE HOSPITAL'S MISSION TO PROVIDE QUALITY HEALTH CARE IN THE COMMUNITY AND BEYOND, AND CARRIES THE HOSPITAL'S NAME AND PROMOTES THE HOSPITAL'S BRAND. WEOC BUDGETS ARE PRESENTED TO AND APPROVED BY WILLS EYE HOSPITAL, AND WEOC'S GOVERNING BODY IS COMPRISED OF MEMBERS OF THE HOSPITAL'S GOVERNING BODY AND SENIOR MANAGEMENT TO ENSURE THAT WEOC IS RESPONSIVE TO AND OPERATES IN SUPPORT OF THE CHARITABLE MISSION OF THE HOSPITAL. 843705 561758 281947 251840 238969 12871 8662537 3275778 5386759 5681577 DUE FROM AFFILIATES 1124875 OTHER A/R 457700 1582575 DUE TO AFFILIATES 7093849 LEASE LIABILITY ST & LT 5938545 13032394 0 0 0 0 0 0 0 1 0 DR JULIA HALLER VICE PRESIDENT 0 1352832 0 143500 0 0 0 24105 0 52775 0 1573212 0 0 DR JURJI BILYK PHYSICIAN 392995 0 331335 0 0 0 0 0 81134 0 805464 0 0 0 DR BEERAN MEGHPARA PHYSICIAN 320000 0 303141 0 0 0 0 0 2628 0 625769 0 0 0 JOSEPH P BILSON PRESIDENT & DIRECTOR 0 498050 0 35000 0 0 0 8587 0 76044 0 617681 0 0 ZEBA A SYED PHYSICIAN 200770 0 348377 0 0 0 0 0 2628 0 551775 0 0 0 DR REZA RAZEGHINEJAD PHYSICIAN 220000 0 275661 0 0 0 0 0 2628 0 498289 0 0 0 DR ROBERT SERGOTT PHYSICIAN 382069 0 92474 0 0 0 0 0 2628 0 477171 0 0 0 DR DOUGLAS WISNER PHYSICIAN 280099 0 165258 0 0 0 0 0 5256 0 450613 0 0 0 MICHAEL ALLEN SECRETARY 0 392982 0 35157 0 0 0 7625 0 11453 0 447217 0 0 DR CHRISTOPHER RAPUANO PHYSICIAN 325000 0 104143 0 0 0 0 0 10249 0 439392 0 0 0 DR ROBERT BAILEY PHYSICIAN 426400 0 0 0 0 0 0 0 3416 0 429816 0 0 0 DR KAMMI GUNTON PHYSICIAN 256776 0 78333 0 0 0 0 0 5256 0 340365 0 0 0 DR JONATHAN MYERS PHYSICIAN 263458 0 50000 0 0 0 0 0 10333 0 323791 0 0 0 GINA M PINO EXECUTIVE DIRECTOR 236640 0 25000 0 0 0 0 0 2102 0 263742 0 0 0 SHELLEY D JOHNSON TREASURER 0 223457 0 20500 0 0 0 0 0 826 0 244783 0 0 PART I, LINE 3 THE ORGANIZATION RELIES ON THE COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS OF THE CITY TRUSTS, WHICH ADMINISTERS THE WILLS EYE HOSPITAL, A RELATED ORGANIZATION, TO ANNUALLY REVIEW AND APPROVE THE COMPENSATION OF THE CEO. THIS ORGANIZATION DOES NOT PAY ITS CEO; THE COMPENSATION IS PAID BY WILLS EYE HOSPITAL. PART I, LINE 7 BONUSES ARE PERFORMANCE BASED PER INDIVIDUAL CONTRACTS. PHYSICIANS RECIEVE INCENTIVE PAYMENTS BASED ON THEIR VOLUME OF CLINICAL CASES. FORM 990, SCHEDULE J: COMPENSATION FROM RELATED ORGANIZATIONS THE HIGHEST COMPENSATED EMPLOYEES ON FORM 990, PART VII AND SCHEDULE J WHO ARE LISTED AS RECEIVING COMPENSATION FROM RELATED ORGANIZATIONS CHARGE A PORTION OF THEIR TIME TO WILLS EYE OPHTHALMOLOGY. THE TIME CHARGED IS INCLUDED IN FORM 990, PART IX, STATEMENT OF FUNCTIONAL EXPENSES AND IS REIMBURSED BY WILLS EYE OPHTHALMOLOGY TO THE RELATED ORGANIZATION (WILLS EYE HOSPITAL). FORM 990, PART VI, SECTION B, LINE 11B FORM 990 REVIEW PROCESS A DRAFT OF THE FEDERAL FORM 990 IS REVIEWED BY THE BOARD OF DIRECTORS PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C CONFLICTS OF INTEREST THE CONFLICT OF INTEREST POLICY IS COVERED UNDER THE BOARD OF DIRECTORS OF CITY TRUST'S CONFLICT OF INTEREST POLICY AND THE ORGANIZATION'S CODE OF CONDUCT POLICY WHICH EVERY EMPLOYEE SIGNS. IT IS MONITORED ANNUALLY. THE CONFLICT OF INTEREST POLICY REQUIRES, AMONG OTHER THINGS, THAT DIRECTORS, OFFICERS, AND KEY EMPLOYEES DISCLOSE CONFLICTS AND POTENTIAL CONFLICTS AND THAT INTERESTED PARTIES NOT PARTICIPATE IN ANY VOTE TO CONSIDER A TRANSACTION THAT MIGHT CONSTITUTE A CONFLICT. FORM 990, PART VI, SECTION B, LINE 15 DETERMINING COMPENSATION ANNUALLY, THE COMPENSATION COMMITTEE, ONE OF THE COMMITTEES OF THE BOARD OF DIRECTORS OF CITY TRUSTS, MEETS TO REVIEW THE TOP MANAGEMENT AND EMPLOYEES EARNING OVER $100K TO DETERMINE, THROUGH VARIOUS PROCESSES, IF ADDITIONAL COMPENSATION WILL BE RECEIVED ANNUALLY. THE VARIOUS PROCESSES INCLUDE A COMPLETE REVIEW BY THE INDEPENDENT SUBCOMMITTEE AND IS BASED ON COMPARABILITY DATA. THIS REVIEW IS DOCUMENTED AND APPROVED IN A TIMELY MANNER. FORM 990, PART VI, SECTION C, LINE 19 AVAILABILITY OF OTHER DOCUMENTS THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: DISTRIBUTIONS FROM AFFILIATES 9,000,000. WILLS EYE OPTICAL ONE LLC 840 WALNUT STREET PHILADELPHIA PA 19107 821283933 RETAIL PA 576507 59362 WEOC WILLS EYE OPTICAL TWO LLC 840 WALNUT STREET PHILADELPHIA PA 19107 821322071 RETAIL PA 468590 786568 WEOC ABBOT INC 840 WALNUT STREET PHILADELPHIA PA 19107 232711311 TITLE HOLDING PA 501(C)(2) N/A WE HOSPITAL 0 WCSS OF COTTMAN-BUXMONT INC 8400 ROOSEVELT BLVD PHILADELPHIA PA 19152 232787047 AMB SURG SVCS PA 501(C)(3) LINE 10 WE HOSPITAL 0 WILLS EYE CSS CORPORATION 840 WALNUT STREET PHILADELPHIA PA 19107 232763562 AMB SURG SVCS PA 501(C)(3) LINE 10 WE HOSPITAL 0 WILLS EYE FOUNDATION 840 WALNUT STREET PHILADELPHIA PA 19107 593794523 SOLICITATION PA 501(C)(3) LINE 12A, I WE HOSPITAL 0 WCSS OF PLYMOUTH MEETING INC 625 RIDGE PIKE BUILDING B CONSHOHOCKEN PA 19428 232840171 AMB SURG SVCS PA 501(C)(3) LINE 10 WE HOSPITAL 0 WILLS EYE HOSPITAL 840 WALNUT STREET PHILADELPHIA PA 19107 236000204 HEALTH CARE PA 501(C)(3) LINE 3 N/A 0 PLYMOUTH MEETING ASC LLC 840 WALNUT STREET PHILADELPHIA PA 19107 232848584 AMBULATORY SURGER PA N/A N/A 0 0 CHERRY HILL ASC LLC 840 WALNUT STREET PHILADELPHIA PA 19107 223335953 AMBULATORY SURGER NJ N/A N/A 0 0 COTTMAN ASC LLC 840 WALNUT STREET PHILADELPHIA PA 19107 232786584 AMBULATORY SURGER PA N/A N/A 0 0 STADIUM CAMPUS ASC LLC 840 WALNUT STREET PHILADELPHIA PA 19107 232981922 AMBULATORY SURGER PA N/A N/A 0 0 WARMINSTER ASC LLC 840 WALNUT STREET PHILADELPHIA PA 19107 232779763 AMBULATORY SURGER PA N/A N/A 0 0 WILLS EYE SURG NETWORK LLC 840 WALNUT STREET PHILADELPHIA PA 19107 232861316 MGMT SERVICES PA N/A N/A 0 0 AASOP INC 840 WALNUT STREET PHILADELPHIA PA 19107 202867708 PHYSICIAN PRACTICE PA N/A C 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1