Nonprofit · EIN 13-1623998
EYE BANK FOR SIGHT RESTORATION INC
Tax-exempt · NEW YORK, NY 10005
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $13,584,079 | $10,436,188 | $3,147,891 | $89,169,209 | $2,450,729 | $86,718,480 |
| December 31, 2023 | 990 | $11,665,358 | $9,813,461 | $1,851,897 | $81,420,040 | $2,934,031 | $78,486,009 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $639,031
- Program service revenue
- $5,638,878
- Investment income
- $7,346,471
- Net gain from sales of assets
- $6,055,153
- Net income from fundraising events
- -$49,209
- Other revenue
- -$40,301
Expenses
- Grants and similar amounts paid
- $12,759
- Compensation of officers, directors and key employees
- $376,467
- Other salaries and wages
- $4,009,646
- Salaries, compensation and benefits (total)
- $5,804,638
- Professional fundraising fees
- $0
- Legal fees
- $7,005
- Accounting fees
- $145,870
- Occupancy
- $496,785
- Depreciation
- $192,828
- Program services (functional)
- $8,351,018
- Management and general (functional)
- $1,242,659
- Fundraising (functional)
- $842,511
Balance sheet and other
- Total assets, start of year
- $81,420,040
- Total assets, end of year
- $89,169,209
- Total liabilities, end of year
- $2,450,729
- Net assets, end of year
- $86,718,480
- Land, buildings and equipment
- $771,837
- Publicly traded securities
- $78,145,515
- Net assets without donor restrictions
- $81,756,194
- Net assets with donor restrictions
- $4,962,286
- Gross receipts
- $19,660,622
- Employees
- 65
- Volunteers
- 26
- Year formed
- 1944
- State of legal domicile
- NY
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Patricia Dahl | CEO/Exec. Dir. Officer | 40 | $330,000 | $46,467 |
| Edwin Roberts | Associate Director | 40 | $184,062 | $61,790 |
| Karen Bardavid | Dir of Development | 40 | $173,269 | $60,335 |
| Hortense Kendall | Laboratory Manager | 40 | $151,099 | $57,635 |
| Noel Mick Moschetta | Dir Communications | 40 | $166,663 | $32,411 |
| Dana Arifi | Dir Fin & Admin | 40 | $147,815 | $30,528 |
| Joseph J Shaheen | Director Trustee or director | 1 | $0 | $0 |
| Manish Krishnan | Director Trustee or director | 1 | $0 | $0 |
| Rachel A Heisler | Director Trustee or director | 1 | $0 | $0 |
| Umber Ahmad | Vice President Trustee or director, Officer | 2 | $0 | $0 |
| Courtney DiTullio | Director Trustee or director | 1 | $0 | $0 |
| Jeanne McCooey | Director Trustee or director | 1 | $0 | $0 |
| Giovanni F DiCenso | Director Trustee or director | 1 | $0 | $0 |
| Leo J Corbett | Director Trustee or director | 1 | $0 | $0 |
| Audrey MacIsaac | Secretary Trustee or director, Officer | 2 | $0 | $0 |
14 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Paul Kayaian | Director Trustee or director | 1 | $0 |
| Dennis R Tarzian | President Trustee or director, Officer | 2 | $0 |
| Richard A Mittenthal | Director Trustee or director | 1 | $0 |
| Joseph J D'Ambrosio | Director Trustee or director | 1 | $0 |
| Andrea Nordquist | Director Trustee or director | 1 | $0 |
| David R Adler | Treasurer Trustee or director, Officer | 2 | $0 |
| Michele A Masucci | Director Trustee or director | 1 | $0 |
| Rocio Sanz | Director Trustee or director | 1 | $0 |
| Michael Zambrelli | Director Trustee or director | 1 | $0 |
| Joan Larson | Director Trustee or director | 1 | $0 |
| Sruthi Madhavan | Director Trustee or director | 1 | $0 |
| Rachel Miller | Director Trustee or director | 1 | $0 |
| Jaclyn D Newman | Director Trustee or director | 1 | $0 |
| Kieran Powell | Director Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 26 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Patricia Dahl | CEO/Exec. Dir. Officer | 40 | $311,000 | $47,545 |
| Edwin Roberts | Associate Director | 40 | $177,796 | $56,326 |
| Karen Bardavid | Dir of Development | 40 | $165,448 | $55,066 |
| Hortense Kendall | Laboratory Manager | 40 | $144,194 | $51,121 |
| Noel Mick Moschetta | Dir Communications | 40 | $159,115 | $31,964 |
| Dana Arifi | Dir Fin & Admin | 40 | $140,850 | $30,024 |
| Courtney DiTullio | Director Trustee or director | 1 | $0 | $0 |
| Manish Krishnan | Director Trustee or director | 1 | $0 | $0 |
| Rachel A Heisler | Secretary Trustee or director, Officer | 2 | $0 | $0 |
| Umber Ahmad | Treasurer Trustee or director, Officer | 2 | $0 | $0 |
| Joan Larson | Director Trustee or director | 1 | $0 | $0 |
| Jeanne McCooey | Director Trustee or director | 1 | $0 | $0 |
| Giovanni F DiCenso | Director Trustee or director | 1 | $0 | $0 |
| Leo J Corbett | President Trustee or director, Officer | 2 | $0 | $0 |
| Audrey MacIsaac | Director Trustee or director | 1 | $0 | $0 |
| Paul Kayaian | Director Trustee or director | 1 | $0 | $0 |
| Dennis R Tarzian | Vice President Trustee or director, Officer | 2 | $0 | $0 |
| Richard A Mittenthal | Director Trustee or director | 1 | $0 | $0 |
| Joseph J D'Ambrosio | Director Trustee or director | 1 | $0 | $0 |
| Andrea Nordquist | Director Trustee or director | 1 | $0 | $0 |
| David R Adler | Director Trustee or director | 1 | $0 | $0 |
| Michele A Masucci | Director Trustee or director | 1 | $0 | $0 |
| Rocio Sanz | Director Trustee or director | 1 | $0 | $0 |
| Michael Zambrelli | Director Trustee or director | 1 | $0 | $0 |
| Joseph J Shaheen | Director Trustee or director | 1 | $0 | $0 |
| Sruthi Madhavan | Director Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 120 WALL STREET 3RD FLOOR, NEW YORK, NY 10005-3912
- Principal officer (990 for 2024)
- Dennis R Tarzian, 120 Wall Street 3rd Floor, New York, NY 10005
- Signed the 990
- Dennis R Tarzian, President
- Phone
- (212) 742-9000
- Website
- www.eyedonation.org
- Return prepared by
- PISANI CPA LLC
Mission
The Eye-Bank for Sight Restoration (The Eye-Bank), the worlds first eye bank, is devoted to restoring sight through eye donations and cornea transplants, as well as providing ocular tissue for research into treatment and cures for other eye diseases. Public awareness about the need for eye donations is a key component of our efforts to restore sight to more than a thousand of individuals each year.
Program accomplishments
- The Eye-Banks state-of-the-art ocular laboratory operates 24/7 to recover, evaluate and distribute safe, quality donor eye tissue for cornea transplants and other ophthalmic surgeries. Staff receives continual education and training in the latest technological advances, including preparing partial thickness grafts which can be provided pre-loaded upon request for endothelial keratoplasty (EK) procedures.Expenses $5,195,911 · grants $6,759 · revenue $5,647,786
- The Eye-Banks Ocular Tissue Research Program supplies donor eye tissue to medical scientists researching cures and treatment of eye diseases such as cataracts, glaucoma and diseases of the retina. The Eye-Bank also provides adult human Retina Pigment Epithelial (ah-RPE) cells to a growing number of researchers across the country who are conducting studies on the potential for transplanting RPE cells in the future. In 2024, The Ocular Tissue Research Program expanded its ability to fulfill requests for even more specific types of tissue for customized research. The Eye-Bank also hosted a third annual reception at the 2024 meeting of ARVO (Association for Research in Vision and Ophthalmology) which enabled us to meet in-person with researchers currently using our donor tissue and cultivate new opportunities for our Research Program to collaborate. In August, 2024, The Eye-Bank hosted its 7th Wing Chu, MD Cornea Fellow Day which provides a didactic session about eye banking and a wet lab for a DMEK surgical procedure to a group of cornea fellows in attendance. Throughout the year, The Eye-Bank routinely invites groups of ophthalmology residents from area hospital systems, to visit and tour the Ocular Laboratory which gives them an awareness of how quality tissue is provided for surgeries. Also in August, The Eye-Bank was inspected by the Eye Bank Association of America (EBAA) and achieved a three-year Accreditation Certificate, the highest ranking offered by the Association. EBAA Accreditation ensures safe, quality ocular tissue by confirming that its Medical Standards are consistently followed by all eye bank staff.Expenses $973,841
- The Eye-Banks Public Education Program offers resources and materials about eye donation to the general public including brochures and a newsletter, eye-to-eye, which is circulated to more than 15,000 transplant recipients, friends and supporters of The Eye-Bank and an effective website that also offers valuable information in Spanish as well as English about eye donation and cornea transplantation; how to write to your donor family; and how to enroll in the NYS Donate Life Registry. In addition, The Eye-Bank increased its presence on social media platforms with videos featuring transplant recipients as well as cornea surgeons and dedicated staff members which help to inform the public about the importance of eye donation.Expenses $759,952
- Through a long-established Professional Education Program and its team of regional hospital and community liaisons, The Eye-Bank provides information about eye donation and donor criteria to health care professionals at hospitals throughout The Eye-Banks service area, which includes New York City, Long Island and the lower Hudson Valley. In 2024, The Eye-Bank continued to partner with Donate Life New York State and the NYS Department of Motor Vehicles in a pilot program to increase enrollments in the Donate Life Registry at DMV branch offices, an effort which relied on the hospital and community liaisons skilled outreach activities.Expenses $745,858
- The Eye-Banks Marketing Program continued to inform the public about the importance of eye donation and enrolling in the Donate Life Registry through its highly-successful multi-media advertising campaign that reaches a New York metropolitan audience via radio and newspapers as well as social media platforms and email marketing. Both media and digital marketing placement included Spanish language outlets. The 2024 ad campaign Be a Hero at the DMV reinforced the opportunity for New Yorkers to enroll in the Donate Life Registry while conducting transactions at the DMV and provided additional support to the Pilot Program established by Donate Life NYS to achieve this shared goal.Expenses $587,517
- The Young Ambassador Program invites cornea transplant recipients ages four to 17 to express themselves creatively through art and poetry and selected efforts are featured in The Eye-Banks annual Thanksgiving Card. The program also awards two annual $3,000 scholarships to qualifying student applicants pursuing higher education -- one for a successful public education project and one for a STEM research paper describing a way to increase eye donation.Expenses $87,939 · grants $6,000
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 13-1623998
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1945
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $89,169,209
- Income (IRS master file)
- $19,660,622
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $13,584,079 | $10,436,188 | $89,169,209 | XML |
| 990 | December 2023 | $11,665,358 | $9,813,461 | $81,420,040 | XML |
| 990 | December 2022 | $13,470,866 | $10,089,383 | $70,258,852 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 13-1623998).
Questions about EYE BANK FOR SIGHT RESTORATION INC
- What is the EIN of EYE BANK FOR SIGHT RESTORATION INC?
- The employer identification number (EIN) of EYE BANK FOR SIGHT RESTORATION INC is 13-1623998.
- Is EYE BANK FOR SIGHT RESTORATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1945.
- Are donations to EYE BANK FOR SIGHT RESTORATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does EYE BANK FOR SIGHT RESTORATION INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of EYE BANK FOR SIGHT RESTORATION INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did EYE BANK FOR SIGHT RESTORATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of EYE BANK FOR SIGHT RESTORATION INC?
- The 990 for the year ended December 31, 2024 names Dennis R Tarzian.
- Who are the officers and directors of EYE BANK FOR SIGHT RESTORATION INC?
- The 990 for the year ended December 31, 2024 lists 29 people; 6 received compensation from the organization, the highest $330,000 (Patricia Dahl, CEO/Exec. Dir.).
- How much revenue does EYE BANK FOR SIGHT RESTORATION INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $13,584,079, expenses of $10,436,188 and total assets of $89,169,209 at year end.
Other nonprofits in NEW YORK
- NEW YORK UNIVERSITY EIN 13-5562308 · last filed 990 for 2025
- HEALTHFIRST PHSP INC EIN 13-3783732 · last filed 990 for 2024
- THE NEW YORK AND PRESBYTERIAN HOSPITAL EIN 13-3957095 · last filed 990 for 2024
- NYU LANGONE HOSPITALS EIN 13-3971298 · last filed 990 for 2025
- MEMORIAL SLOAN-KETTERING CANCER CENTER EIN 91-2154267 · last filed 990 for 2024
- TRUSTEES OF COLUMBIA UNIVERSITY EIN 13-5598093 · last filed 990 for 2025
- HEALTHFIRST HEALTH PLAN INC EIN 11-3029569 · last filed 990 for 2024
- GS DONOR ADVISED PHILANTHROPY FUND FOR WEALTH MANAGEMENT INC EIN 31-1774905 · last filed 990 for 2024