Nonprofit · EIN 56-2381886
AMERICAN EYE STUDY CLUB FOUNDATION UA 07152003
Tax-exempt · VERNON HILLS, IL 60061
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $161,999 | $41,341 | $120,658 | $921,150 | $0 | $921,150 |
| June 30, 2024 | 990 | $52,343 | $54,344 | -$2,001 | $814,724 | $0 | $814,724 |
| June 30, 2023 | 990 | $42,037 | $40,544 | $1,493 | $667,778 | $0 | $667,778 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $49,200
- Program service revenue
- $0
- Investment income
- $112,799
- Net gain from sales of assets
- $92,228
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $22,600
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $300
- Accounting fees
- $876
- Travel
- $86
- Program services (functional)
- $40,070
- Management and general (functional)
- $1,271
Balance sheet and other
- Total assets, start of year
- $814,724
- Total assets, end of year
- $921,150
- Total liabilities, end of year
- $0
- Net assets, end of year
- $921,150
- Publicly traded securities
- $904,821
- Net assets without donor restrictions
- $921,150
- Gross receipts
- $484,272
- Employees
- 0
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 |
|---|---|---|---|
| RICHARD PAUL | EXECUTIVE DI Officer | 7 | $5,000 |
| ANN ACERS WARN MD MBA | PAST PRESIDE Trustee or director | 1 | $0 |
| RV PAUL CHAN MD MSC MBA | TRUSTEE Trustee or director | 1 | $0 |
| DAN NEELY MD | TRUSTEE Trustee or director | 1 | $0 |
| GARY LELLI MD | TRUSTEE Trustee or director | 1 | $0 |
| GEORGE ELLIS JR MD | TRUSTEE Trustee or director | 1 | $0 |
| JOHN IRVINE MD | TRUSTEE Trustee or director | 1 | $0 |
| LINDA TSAI MD | TRUSTEE Trustee or director | 1 | $0 |
| TAMARA FOUNTAIN MD | TRUSTEE Trustee or director | 1 | $0 |
| VICTOR HUGO GONZALEZ MD | TRUSTEE Trustee or director | 1 | $0 |
| BRIAN WELCOME MD | TREASURER Officer | 1 | $0 |
| EDWARD K ISBEY III MD | PRESIDENT Officer | 2 | $0 |
| STEPHEN KLAPPER MD | SECRETARY Officer | 1 | $0 |
990 for the year ended June 30, 2024: 13 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RICHARD PAUL | EXECUTIVE DI Officer | 7 | $6,000 |
| BRADLEY D FOURAKER MD | TRUSTEE Trustee or director | 1 | $0 |
| BRIAN WELCOME MD | TRUSTEE Trustee or director | 1 | $0 |
| DAN NEELY MD | TRUSTEE Trustee or director | 1 | $0 |
| EDWARD K ISBEY JR MD | TRUSTEE Trustee or director | 1 | $0 |
| GEORGE ELLIS JR MD | PAST PRESIDE Trustee or director | 1 | $0 |
| LINDA TSAI MD | TRUSTEE Trustee or director | 1 | $0 |
| RV PAUL CHAN MD | DIRECTOR Trustee or director | 1 | $0 |
| TAMARA FOUNTAIN MD | TRUSTEE Trustee or director | 1 | $0 |
| WILLIAM S CLIFFORD MD | TRUSTEE Trustee or director | 1 | $0 |
| ANN ACERS WARN MD MBA | PRESIDENT Officer | 2 | $0 |
| ROBERT S GOLD MD | TREASURER Officer | 1 | $0 |
| STEPHEN KLAPPER MD | SECRETARY Officer | 1 | $0 |
990 for the year ended June 30, 2023: 14 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RICHARD PAUL | EXECUTIVE DI Officer | 7 | $6,000 |
| ANN ACERS WARN MD MBA | PRESIDENT Trustee or director, Officer | 2 | $0 |
| EDWARD K ISBEY III MC | TRUSTEE Trustee or director | 1 | $0 |
| ANTHONY JOHNSON MD | SECRETARY Trustee or director, Officer | 1 | $0 |
| BRADLEY D FOURAKER MD | TRUSTEE Trustee or director | 1 | $0 |
| BRIAN WELCOME MD | TRUSTEE Trustee or director | 1 | $0 |
| DAN NEELY MD | TRUSTEE Trustee or director | 1 | $0 |
| EDWARD K ISBEY JR MD | TRUSTEE Trustee or director | 1 | $0 |
| GEORGE ELLIS JR MD | PAST PRESIDE Trustee or director | 1 | $0 |
| LINDA TSAI MD | TRUSTEE Trustee or director | 1 | $0 |
| ROBERT S GOLD MD | TREASURER Trustee or director, Officer | 1 | $0 |
| STEPHEN KLAPPER MD | TRUSTEE Trustee or director | 1 | $0 |
| TAMARA FOUNTAIN MD | TRUSTEE Trustee or director | 1 | $0 |
| WILLIAM S CLIFFORD MD | TRUSTEE Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 288 HAWTHORN VILLAGE COMMONS 123, VERNON HILLS, IL 60061-1519
- In care of
- % CENTERSTATE BANK FL NA SUCC TTEE
- Principal officer (990 for 2024)
- EDWARD K ISBEY III MD, 19 BLACKWOOD RD, ASHEVILLE, NC 28804
- Signed the 990
- RICHARD PAUL, EXECUTIVE DIRECTOR
- Phone
- (847) 680-1666
- Return prepared by
- PROFESSIONAL PRACTICE CONSULTANTS INC
Mission
THE ENTITY PROVIDES FINANCIAL SUPPORT FOR CONTINUING EDUCATION CONFERENCES FOR OPHTHALMOLOGISTS AND OTHER PHYSICIANS CONCERNING MEDICAL AND SURGICAL EYE CARE. THE PURPOSE OF THESE CONFERENCES IS TO ADVANCE THE LEVEL OF SKILL AND KNOWLEDGE OF ATTENDEES AND TO INFORM THEM OF RECENT ADVANCES IN THE TREATMENT OF EYE DISEASES AND CONDITIONS.
Program accomplishments
- THE ENTITY PROVIDES EDUCATION CONFERENCES FOR OPHTHALMOLOGISTS CONCERNING EYE CARE.Expenses $40,070 · grants $22,600
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
- 56-2381886
- 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
- 2004
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Medical research (H03)
- Assets (IRS master file)
- $921,150
- Income (IRS master file)
- $484,272
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $161,999 | $41,341 | $921,150 | IRS |
| 990 | June 2024 | $52,343 | $54,344 | $814,724 | IRS |
| 990 | June 2023 | $42,037 | $40,544 | $667,778 | XML |
| 990 | June 2021 | – | – | – | IRS |
| 990-EZ | 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 56-2381886).
Questions about AMERICAN EYE STUDY CLUB FOUNDATION UA 07152003
- What is the EIN of AMERICAN EYE STUDY CLUB FOUNDATION UA 07152003?
- The employer identification number (EIN) of AMERICAN EYE STUDY CLUB FOUNDATION UA 07152003 is 56-2381886.
- Is AMERICAN EYE STUDY CLUB FOUNDATION UA 07152003 tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2004.
- Are donations to AMERICAN EYE STUDY CLUB FOUNDATION UA 07152003 tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does AMERICAN EYE STUDY CLUB FOUNDATION UA 07152003 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 AMERICAN EYE STUDY CLUB FOUNDATION UA 07152003 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 AMERICAN EYE STUDY CLUB FOUNDATION UA 07152003 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 AMERICAN EYE STUDY CLUB FOUNDATION UA 07152003?
- The 990 for the year ended June 30, 2025 names EDWARD K ISBEY III MD.
- Who are the officers and directors of AMERICAN EYE STUDY CLUB FOUNDATION UA 07152003?
- The 990 for the year ended June 30, 2025 lists 13 people; 1 received compensation from the organization, the highest $5,000 (RICHARD PAUL, EXECUTIVE DI).
- How much revenue does AMERICAN EYE STUDY CLUB FOUNDATION UA 07152003 have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $161,999, expenses of $41,341 and total assets of $921,150 at year end.
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