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Nonprofit · EIN 47-0666857

LIONS EYE BANK OF NEBRASKA INC

Tax-exempt · OMAHA, NE 68198

Financials

$1.5M$1.5M2022$1.5M$1.6M2023$1.7M$1.4M2024
Revenue Expenses · by fiscal year end
Financials of LIONS EYE BANK OF NEBRASKA INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$1,698,538$1,434,416$264,122$1,174,957$52,792$1,122,165
June 30, 2024990$1,542,753$1,584,770-$42,017$1,004,138$146,095$858,043
June 30, 2023990$1,501,442$1,529,427-$27,985$1,269,074$369,014$900,060
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$39,410
Program service revenue
$1,632,420
Investment income
$26,708
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$546,721
Salaries, compensation and benefits (total)
$688,216
Professional fundraising fees
$0
Legal fees
$248
Accounting fees
$6,150
Travel
$4,034
Depreciation
$13,031
Program services (functional)
$1,223,569
Management and general (functional)
$210,847

Balance sheet and other

Total assets, start of year
$1,004,138
Total assets, end of year
$1,174,957
Total liabilities, end of year
$52,792
Net assets, end of year
$1,122,165
Land, buildings and equipment
$34,621
Net assets without donor restrictions
$1,122,165
Gross receipts
$1,698,538
Employees
0
Year formed
1982
State of legal domicile
NE

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 June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
CURT COUGHLINTECHNICAL DI
Trustee or director
4$115,990
KARLI DIGGINSEXECUTIVE DI
Trustee or director
4$103,200
KAL LAUSTERERCHAIRMAN OF
Trustee or director, Officer
4$0
MARILYN CHILVERSSECRETARY
Trustee or director, Officer
4$0
DANA WEBERTREASURER
Trustee or director, Officer
4$0
PHIL BEYERDIRECTOR
Trustee or director
2$0
WAYNE HINERMANDIRECTOR
Trustee or director
2$0
DENNIS HUGHESDIRECTOR
Trustee or director
2$0
MARCIA ANDERSONDIRECTOR
Trustee or director
2$0
MAVIS HALLDIRECTOR
Trustee or director
2$0
RONALD KRUEGER MDDIRECTOR
Trustee or director
2$0
JOHN HALGREN MDMEDICAL DIRE
Trustee or director
2$0
990 for the year ended June 30, 2024: 14 people
NameTitleHours / weekCompensation
CURT COUGHLINTECHNICAL DI
Trustee or director
4$105,542
DONNA BARNESPRIOR EXEC D
Trustee or director
4$101,667
KARLI DIGGINSEXECUTIVE DI
Trustee or director
4$25,800
KAL LAUSTERERCHAIRMAN OF
Trustee or director, Officer
4$0
MARILYN CHILVERSSECRETARY
Trustee or director, Officer
4$0
DANA WEBERTREASURER
Trustee or director, Officer
4$0
PHIL BEYERDIRECTOR
Trustee or director
2$0
WAYNE HINERMANDIRECTOR
Trustee or director
2$0
DENNIS HUGHESDIRECTOR
Trustee or director
2$0
MARCIA ANDERSONDIRECTOR
Trustee or director
2$0
MAVIS HALLDIRECTOR
Trustee or director
2$0
RONALD KRUEGER MDDIRECTOR
Trustee or director
2$0
JOHN HALGREN MDMEDICAL DIRE
Trustee or director
2$0
MICHAEL FEILMEIER MDASSOC. MED D
Trustee or director
2$0
990 for the year ended June 30, 2023: 12 people
NameTitleHours / weekCompensation
DONNA BARNESEXECUTIVE DI
Trustee or director
4$122,000
KAL LAUSTERERCHAIRMAN OF
Trustee or director, Officer
4$0
MARILYN CHILVERSSECRETARY
Trustee or director, Officer
4$0
DANA WEBERTREASURER
Trustee or director, Officer
4$0
MARILYN ANDERSONDIRECTOR
Trustee or director
2$0
JOYCE MILLERDIRECTOR
Trustee or director
2$0
DR DARA LATNER ODDIRECTOR
Trustee or director
2$0
PHIL BEYERDIRECTOR
Trustee or director
2$0
WAYNE HINERMANDIRECTOR
Trustee or director
2$0
DENNIS HUGHESDIRECTOR
Trustee or director
2$0
CURT COUGHLINTECHNICAL DI
Trustee or director
2$0
JOHN HALGREN MDMEDICAL DIRE
Trustee or director
2$0

Address and contacts

Address (IRS master file)
985541 NEBRASKA MEDICAL CTR, OMAHA, NE 68198-5541
Principal officer (990 for 2024)
KAL LAUSTERER
Signed the 990
KAL LAUSTERER, CHAIRMAN OF BOARD
Phone
(402) 559-4039
Return prepared by
SCHLEISMAN ONKEN & ASSOCIATES PC

Mission

EYE TISSUE RETRIEVAL, PROCESSING, DISTRIBUTION, AND RESEARCH

990 for the year ended June 30, 2025

Program accomplishments

  • WE PROVIDE THE "GIFT OF SIGHT" THROUGH THE PROMOTION, PROCUREMENT AND DISTRIBUTION OF HUMAN EYE TISSUE FOR TRANSPLANTATION AND RESEARCH. THE LIONS EYE BANK IS DEDICATED TO PROVIDING THE HIGHEST QUALITY HUMAN EYE TISSUE TO RESTORE VISION TO THOSE WITH VISUAL DIFFICULTIES AND TO AID IN THE CRUSADE AGAINST ALL BLINDNESS. THE STAFF AND BOARD MEMBERS SERVE AS STEWARDS TO ENSURE THAT WE MAINTAIN THE DIGNITY AND RESPECT OF ALL THOSE INVOLVED IN EYE DONATION. WE FEEL THAT FOR OUR ORGANIZATION TO BE SUCCESSFUL, WE NEED TO BE AWARE OF ALL COMPONENTS OF DONATION, WITH THE MOST IMPORTANT ASPECT BEING THE DONOR FAMILY AND MAKING SURE WE ARE FULFILLING THEIR WISHES. MAKING THE DONATION PROCESS A POSITIVE EXPERIENCE FOR THEM AND THEIR LOVED ONES IS OUR ULTIMATE GOAL. IF WE ACHIEVE THAT GOAL, OUR ORGANIZATION WILL AUTOMATICALLY BE SUCCESSFUL. RECENTLY A STATE-WIDE DONOR REGISTRY WAS ESTABLISHED WITH THE NEBRASKA ORGAN RECOVERY SYSTEM AND THE DEPT OF MOTOR VEHICLES. WE FEEL THAT THE REGISTRY WILL INCREASE THE NUMBER OF DONORS NOT ONLY FOR LIFE SAVING ORGANS BUT ALSO FOR EYES AND OTHER TISSUES. NEW FDA REGULATIONS REQUIRE ADDITIONAL PAPERWORK, RECORDKEEPING, TESTING AND MUCH MORE.
    Expenses $1,223,569 · revenue $1,632,420

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 June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
47-0666857
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
1984
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,174,957
Income (IRS master file)
$1,698,538

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$1,698,538$1,434,416$1,174,957XML
990June 2024$1,542,753$1,584,770$1,004,138XML
990June 2023$1,501,442$1,529,427$1,269,074XML
990June 2022–––IRS
990June 2021–––IRS
990June 2019–––IRS
990June 2018–––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 47-0666857).

Questions about LIONS EYE BANK OF NEBRASKA INC

What is the EIN of LIONS EYE BANK OF NEBRASKA INC?
The employer identification number (EIN) of LIONS EYE BANK OF NEBRASKA INC is 47-0666857.
Is LIONS EYE BANK OF NEBRASKA INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1984.
Are donations to LIONS EYE BANK OF NEBRASKA INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does LIONS EYE BANK OF NEBRASKA 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 LIONS EYE BANK OF NEBRASKA INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did LIONS EYE BANK OF NEBRASKA INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of LIONS EYE BANK OF NEBRASKA INC?
The 990 for the year ended June 30, 2025 names KAL LAUSTERER.
Who are the officers and directors of LIONS EYE BANK OF NEBRASKA INC?
The 990 for the year ended June 30, 2025 lists 12 people; 2 received compensation from the organization, the highest $115,990 (CURT COUGHLIN, TECHNICAL DI).
How much revenue does LIONS EYE BANK OF NEBRASKA INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $1,698,538, expenses of $1,434,416 and total assets of $1,174,957 at year end.

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