Nonprofit · EIN 52-1584782
GBMC OPHTHALMOLOGY EDUCATIONAL FOUNDATION INC
Tax-exempt · TOWSON, MD 21204
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $135,012 | $52,553 | $82,459 | $3,844,521 | $0 | $3,844,521 |
| June 30, 2024 | 990 | $320,116 | $312,202 | $7,914 | $3,524,221 | $0 | $3,524,221 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $2,551
- Program service revenue
- $0
- Investment income
- $132,461
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Travel
- $3,882
- Program services (functional)
- $22,499
- Management and general (functional)
- $30,054
Balance sheet and other
- Total assets, start of year
- $3,524,221
- Total assets, end of year
- $3,844,521
- Total liabilities, end of year
- $0
- Net assets, end of year
- $3,844,521
- Publicly traded securities
- $3,528,988
- Net assets without donor restrictions
- $3,628,942
- Net assets with donor restrictions
- $215,579
- Gross receipts
- $135,012
- Employees
- 0
- Year formed
- 1987
- State of legal domicile
- MD
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Mary Louise Collins MD | President/Treas Trustee or director, Officer | 5 | $0 |
| John Thompson MD | Director Trustee or director | 5 | $0 |
| Allison Jensen | Vice President Trustee or director, Officer | 5 | $0 |
| Lawson Grumbine | Director Trustee or director | 5 | $0 |
990 for the year ended June 30, 2024: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Mary Louise Collins MD | President Trustee or director, Officer | 5 | $0 |
| John Thompson MD | Director Trustee or director | 5 | $0 |
| Allison Jensen | Vice President Trustee or director, Officer | 5 | $0 |
| Lawson Grumbine | Director Trustee or director | 5 | $0 |
Address and contacts
- Address (IRS master file)
- 6569 N CHARLES ST STE 505, TOWSON, MD 21204-5809
- Principal officer (990 for 2024)
- Mary Louise Collins MD, 6569 N Charles Street 505, Towson, MD 21204
- Signed the 990
- Mary Louise Collins MD, President
- Phone
- (443) 849-2644
- Return prepared by
- Young Brophy PC
Mission
To fund medical education in the field of ophthalmology
Program accomplishments
- Resident training expenses incurred in training ophthalmologists.Expenses $22,499
- Grants to fund increased patient services in ophthalmology and low-vision services for patients.
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 52-1584782
- 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
- 1988
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Voluntary health associations and medical disciplines (G9XZ)
- Assets (IRS master file)
- $3,844,521
- Income (IRS master file)
- $135,012
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $135,012 | $52,553 | $3,844,521 | IRS |
| 990 | June 2024 | $320,116 | $312,202 | $3,524,221 | IRS |
| 990 | June 2023 | $134,211 | $75,490 | $3,376,297 | IRS |
| 990 | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 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 52-1584782).
Questions about GBMC OPHTHALMOLOGY EDUCATIONAL FOUNDATION INC
- What is the EIN of GBMC OPHTHALMOLOGY EDUCATIONAL FOUNDATION INC?
- The employer identification number (EIN) of GBMC OPHTHALMOLOGY EDUCATIONAL FOUNDATION INC is 52-1584782.
- Is GBMC OPHTHALMOLOGY EDUCATIONAL FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1988.
- Are donations to GBMC OPHTHALMOLOGY EDUCATIONAL FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does GBMC OPHTHALMOLOGY EDUCATIONAL FOUNDATION 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 GBMC OPHTHALMOLOGY EDUCATIONAL FOUNDATION 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 GBMC OPHTHALMOLOGY EDUCATIONAL FOUNDATION 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 GBMC OPHTHALMOLOGY EDUCATIONAL FOUNDATION INC?
- The 990 for the year ended June 30, 2025 names Mary Louise Collins MD.
- Who are the officers and directors of GBMC OPHTHALMOLOGY EDUCATIONAL FOUNDATION INC?
- The 990 for the year ended June 30, 2025 lists 4 people; 0 received compensation from the organization.
- How much revenue does GBMC OPHTHALMOLOGY EDUCATIONAL FOUNDATION INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $135,012, expenses of $52,553 and total assets of $3,844,521 at year end.
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