2015-02-26T15:42:44-06:00 2014-06-30 232628828 SHECHTMAN MARKS DEVOR PC 2000 MARKET STREET SUITE 500 PHILADELPHIA PA 19103 990 2013-07-01 231513699 LIONS EYE BANK OF DELAWARE VALLEY LION 2155631679 401 NORTH 3RD STREET 305 PHILADELPHIA PA 191234101 JAMES QUIRK PRESIDENT 2155631679 2015-02-20 1 MICHAEL SUTTER CPA P01400284 2154969200 2015-02-19 2013 2016-02-25 16:41:14Z JAMES QUIRK 401 NORTH 3RD STREET 305 PHILADELPHIA PA 191234101 3926356 0 X WWW.LEBDV.ORG X 1957 PA THE LIONS EYE BANK OF DELAWARE VALLEY IS COMMITTED TO ENHANCING A PERSON'S QUALITY OF LIFE BY RESTORING OR IMPROVING VISION THROUGH CORNEAL TRANSPLANTATION, MEDICAL RESEARCH AND EDUCATION. 36 36 17 42 0 0 141728 230041 3016392 3388053 153378 194629 -3771 5994 3307727 3818717 8890 9338 0 0 1646701 1483516 0 0 102416 1368209 1443330 3023800 2936184 283927 882533 6687765 8027301 82628 58337 6605137 7968964 THE LIONS EYE BANK OF DELAWARE VALLEY IS COMMITTED TO ENHANCING A PERSON'S QUALITY OF LIFE BY RESTORING OR IMPROVING VISION THROUGH CORNEAL TRANSPLANTATION, MEDICAL RESEARCH AND EDUCATION. 0 0 2554532 9338 3388053 CORNEA TRANSPLANT, INFORMING THE PUBLIC OF THE NEED FOR CORNEA DONORS, ARRANGING FOR TRANSPORTATION, PERFORMING THE TRANSPLANT, CORNEA RESEARCH, AND PUBLIC RELATIONS. THIS PROGRAM BENEFITED APPROXIMATELY 1,050 PEOPLE.THE EYE BANK COORDINATED THE RECOVERY OF 1420 TISSUES FROM 711 DONORS. THESE RECOVERIES RESULTED IN PROVIDING 926 CORNEAS FOR SIGHT RESTORING OR IMPROVING CORNEA TRANSPLANT SURGERY. ADDITIONALLY THE EYE BANK PROVIDED GRATIS TISSUE FOR 64 TRANSPLANT SURGERIES FOR PATIENTS WHO ARE UNINSURED OR UNDERINSURED. THE EYE BANK COMPLETED ITS LABORATORY UPGRADE AND BEGAN PROCESSING CORNEAS FOR DMEK SURGERY. 2554532 1 1 0 0 0 0 0 0 0 1 1 1 0 0 0 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 1 17 1 0 0 0 0 0 0 0 0 0 0 X 36 36 1 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 PA NJ X LIONS EYE BANK OF DELAWARE VALLEY 2155631679 401 NORTH THIRD STREET SUTIE 305 PHILADELPHIA PA 19130 JAMES A HYNES CHAIRMAN/CEO 1.00 X 0 0 0 PHILIP E SHOBER IMMEDIATE PAST CHAIRMAN/CEO 1.00 X 0 0 0 KEITH L THOMPSON 1ST VICE CHAIRMAN 1.00 X 0 0 0 MARK M GREEN 2ND VICE CHAIRMAN 1.00 X 0 0 0 ANGEL 'BOB' PEREZ 3RD VICE CHAIRMAN 1.00 X 0 0 0 MARION S GOLDBERG PCS SECRETARY/TREASURER 1.00 X 0 0 0 REV FREDERICK S RICHARDETT CHAPLAIN 1.00 X 0 0 0 JOHN E ALLEN TRUSTEE 1.00 X 0 0 0 GEORGE BONADIO TRUSTEE 1.00 X 0 0 0 EDWARD BOYLER TRUSTEE 1.00 X 0 0 0 MELVYN K BRAY TRUSTEE 1.00 X 0 0 0 JAMES DAVIS TRUSTEE 1.00 X 0 0 0 ROBERT L ELSNER TRUSTEE 1.00 X 0 0 0 JANET DROGUS FIORE TRUSTEE 1.00 X 0 0 0 FRED FRISCH TRUSTEE 1.00 X 0 0 0 EARL GROENDYKE TRUSTEE 1.00 X 0 0 0 WILLIAM G HANSEN TRUSTEE 1.00 X 0 0 0 BARRY L HINKLE TRUSTEE 1.00 X 0 0 0 DAVID E JONES TRUSTEE 1.00 X 0 0 0 WALTER L LABS TRUSTEE 1.00 X 0 0 0 ANDREW J LYTKOWSKI TRUSTEE 1.00 X 0 0 0 ROBERT C MILLEA TRUSTEE 1.00 X 0 0 0 JAMES J MINNICH TRUSTEE 1.00 X 0 0 0 ROBERT W MOORE TRUSTEE 1.00 X 0 0 0 PAUL P NORKAS TRUSTEE 1.00 X 0 0 0 MARY DEVON O'BRIEN TRUSTEE 1.00 X 0 0 0 ROBERT PERRY TRUSTEE 1.00 X 0 0 0 NORLYN POTO TRUSTEE 1.00 X 0 0 0 ANN E REIVER TRUSTEE 1.00 X 0 0 0 RAYMOND J ROHRBACH TRUSTEE 1.00 X 0 0 0 WILLIAM J SAUSER JR TRUSTEE 1.00 X 0 0 0 PAUL H SHERIDAN TRUSTEE 1.00 X 0 0 0 CHRISTOPHER SMITH TRUSTEE 1.00 X 0 0 0 DAVID L SMITH TRUSTEE 1.00 X 0 0 0 RICHARD H WILSON TRUSTEE 1.00 X 0 0 0 RONALD ZIEGLER ESQ TRUSTEE 1.00 X 0 0 0 RICHARD W ZIMMERMAN JR TRUSTEE 1.00 X 0 0 0 ROBERT W CAMPBELL TRUSTEE 1.00 X 0 0 0 BRUCE D POLLOCK TRUSTEE 1.00 X 0 0 0 HERBERT T GERHART TRUSTEE 1.00 X 0 0 0 JAMES QUIRK PRESIDENT/COO 40.00 X 210090 0 47485 ROBERT LYTLE TECHNICAL DIRECTOR 40.00 X 117484 0 20145 327574 0 67630 2 0 1 0 GIFT OF LIFE 401 N 3RD ST PHILADELPHIA PA 19123 REFERRAL SERVICES 148320 LABS PO BOX 843224 KANSAS CITY MO 64184 TESTING SERVICES 121569 2 867 29035 200139 50000 230041 CORNEA TRANSPLANT AND 541380 3388053 3388053 3388053 207756 207756 69961 80270 2818 -10309 -2818 -13127 -13127 10730 29035 14313 -3583 -3583 19815 10238 9577 9577 3818717 3388053 0 200623 9338 9338 259486 168666 64871 25949 938746 818498 73337 46911 72382 61713 6630 4039 132892 119432 8850 4610 80010 66490 8784 4736 12000 12000 191937 166918 25019 61249 61249 40793 25036 9338 6419 34155 29031 2562 2562 134693 67346 67347 42103 42103 43726 41958 1768 81620 73439 8181 51470 51470 TISSUE FEES 393570 393570 EYE BANK SUPPLIES 120022 120022 PHARMACY SUPPLIES 80569 80569 MEDICAL SCREENING 58731 58731 96692 86953 2549 7190 2936184 2554532 279236 102416 240851 557263 1091518 1342157 13368 3250 269930 274729 3784 7871 52623 37750 563027 273938 259603 289089 2779776 3377207 1966360 2128033 9952 9952 6687765 8027301 69929 50485 12699 7852 82628 58337 X 4638777 5840931 1966360 2128033 6605137 7968964 6687765 8027301 X 882533 319621 161673 X 0 1 X 1 0 X 114906 136250 216393 141728 230041 839318 2841897 2831364 3069294 3016392 3388053 15147000 29345 30545 59890 2956803 2967614 3285687 3187465 3648639 16046208 30000 30000 60000 0 30000 30000 60000 15986208 103267 134638 154883 139709 207756 740253 103267 134638 154883 139709 207756 740253 3060070 3102252 3440570 3327174 3856395 16786461 0.95230 0.95440 0.04410 0.03960 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 731058 36575 96914 4157 860390 638292 33128 62918 3280 731058 516611 94783 30885 3987 638292 387832 71410 57369 516611 341652 34621 11559 387832 1.00000 0 0 49570 15944 33626 371656 158883 212773 141801 99111 42690 289089 LIFE INTEREST IN TRUST 2128033 F 2128033 X 4138338 319621 319621 3818717 0 3818717 2936184 0 2936184 0 2936184 PART V, LINE 4: CURRENTLY, THE ORGANIZATION DOES NOT INTEND TO DISTRIBUTE ANY BOARD DESIGNATED ENDOWMENT FUND ASSETS UNTIL THEIR INVESTMENT GOAL HAS BEEN ACHIEVED, UNLESS APPROVED BY A 2/3 VOTE OF THE FULL BOARD OF TRUSTEES DUE TO AN EMERGENCY SITUATION. THE TARGET DATE FOR THE GOAL IS DECEMBER 31, 2019. PART X, LINE 2: MANAGEMENT OF THE ORGANIZATION CONSIDERS THE LIKELIHOOD OF CHANGES BY TAXING AUTHORITIES IN ITS INCOME TAX RETURNS AND RECOGNIZES A LIABILITY FOR OR DISCLOSES POTENTIAL SIGNIFICANT CHANGES THAT MANAGEMENT BELIEVES ARE MORE LIKELY THAN NOT TO OCCUR UPON EXAMINATION BY TAX AUTHORITIES, INCLUDING CHANGES TO THE ORGANIZATION'S STATUS AS A NOT-FOR-PROFIT ENTITY. MANAGEMENT BELIEVES THE ORGANIZATION MET THE REQUIREMENTS TO MAINTAIN ITS TAX-EXEMPT STATUS AND HAS NOT IDENTIFIED ANY UNCERTAIN TAX POSITIONS SUBJECT TO THE UNRELATED BUSINESS INCOME TAX THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE ORGANIZATION'S INCOME TAX RETURNS FOR THE PAST THREE YEARS ARE SUBJECT TO EXAMINATION BY TAX AUTHORITIES, AND MAY CHANGE UPON EXAMINATION. GOLF OUTING 39765 29035 10730 250 300 11315 361 2087 39765 29035 10730 250 300 11315 361 2087 14313 -3583 19815 10238 1 1.00000 19815 10238 10238 9577 PA 1 0 1 0 1.00000 JAMES QUIRK C/O ORGANIZATION PHILADELPHIA PA 191234101 0 NA 0 1 EYE EXAMS AND/OR EYEGLASSES 39 7717 BOOK MISSION WORK SHIPPING 26 1621 BOOK PART I, LINE 2: PAYMENT FOR EYE EXAMS, GLASSES, AND SOMETIMES EYE CARE OR SURGERY ARE PROVIDED TO THE POOR AND UNINSURED IN OUR SERVICE AREA. X X X X 0 0 0 0 0 0 0 0 0 JAMES QUIRK PRESIDENT/COO 210090 0 0 0 0 0 19000 0 28485 0 257575 0 0 0 X 1 11928 FAIR VALUE X ZEISS SURGICA 1 50000 FAIR VALUE 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 MARY DEVON O'BRIEN (TRUSTEE) AND CHRISTOPHER SMITH (TRUSTEE) HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION A, LINE 6 AS OUTLINED IN THE ORGANIZATION'S CONSTITUTION, THE ORGANIZATION'S MEMBERSHIP IS COMPRISED OF LIONS AND LIONS CLUBS IN GOOD STANDING WITH LIONS CLUBS INTERNATIONAL FROM THE AREAS SERVED AS WELL AS FIVE SPECIAL MEMBERS WHOSE INTERESTS AND TALENTS ARE CONSISTENT WITH THE PURPOSE OF THE FOUNDATION. THE FOLLOWING CLASSES OF MEMBERS EXIST: ACTIVE (RIGHT TO VOTE AND HOLD OFFICE), SPECIAL (RIGHT TO VOTE AND HOLD OFFICE), PRIVILEGED (RIGHT TO VOTE) AND HONORARY. ALL MEMBERS OF THE FOUNDATION ARE VOLUNTEERS AND THE ORGANIZATION DOES NOT HAVE STOCKHOLDERS. FORM 990, PART VI, SECTION A, LINE 7A THE MEMBERS OF THE GOVERNING BODY ARE ELECTED BY THE GENERAL MEMBERSHIP ANNUALLY AT THE FOUNDATION'S ANNUAL BUSINESS MEETING. EACH TRUSTEE AND TWO ACTIVE MEMBERS OF THE FOUNDATION (EXCLUDING TRUSTEES) FROM EACH LIONS CLUB SHALL HAVE THE OPPORTUNITY TO VOTE IN THE ELECTION OF OFFICERS AND TRUSTEES. FORM 990, PART VI, SECTION A, LINE 7B THE MEMBERS MUST APPROVE OFFICERS AND TRUSTEES, AND ANY CHANGES IN THE FORM OF AMENDMENTS TO THE FOUNDATIONS CONSTITUTION & BY LAWS. FORM 990, PART VI, SECTION B, LINE 11 THE RETURN PREPARER EMAILS A COPY OF THE FINAL VERSION OF FORM 990 TO MANAGEMENT WHO FORWARDS A COPY TO EACH MEMBER OF THE AUDIT REVIEW COMMITTEE BEFORE FILING THE 990. A TELEPHONE CONFERENCE IS HELD BETWEEN THE RETURN PREPARER AND THOSE CHARGED WITH GOVERNANCE AND ALL QUESTIONS ARE ADDRESSED AND RESOLVED. A DRAFT OF THE RETURN IS E-MAILED TO THE GOVERNING BODY PRIOR TO FILING THE RETURN. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION DISTRIBUTES A CONFLICT OF INTEREST STATEMENT ANNUALLY TO ALL BOARD MEMBERS WHICH DESCRIBES WHAT MAY CONSTITUTE A CONFLICT OF INTEREST AND MUST BE SIGNED AND DATED BY THE BOARD MEMBERS INDICATING THAT NO SUCH CONFLICT EXISTS. THE STATEMENT DESCRIBES THAT IN THE EVENT OF A CONFLICT THE INDIVIDUAL SHOULD ABSTAIN FROM DECISION-TAKING ACTIONS, AND THE ABSTENTION SHOULD BE FORMALLY NOTED IN THE MINUTES. SIGNED COPIES OF THIS STATEMENT ARE KEPT ON FILE. NO SUCH CONFLICT AROSE DURING THE YEAR ENDED 6/30/14. FORM 990, PART VI, SECTION B, LINE 15 THE SALARY OF THE PRESIDENT IS REVIEWED AND APPROVED BY THE GOVERNING BODY, AS PRESENTED BY THE PERSONNEL COMMITTEE, ANNUALLY. PREVIOUSLY (FEBRUARY 2011) A SALARY SURVEY WAS PERFORMED INTERNALLY USING GUIDESTAR AND OTHER INFORMATION SOURCES INCLUDING THE VOLUNTARY SALARY SURVEY PRESENTED BY MIDWEST EYE BANKS IN COOPERATION WITH 40 MEMBER EYE BANKS OF THE EYE BANK ASSOCIATION OF AMERICA. THE PERSONNEL COMMITTEE COMPARED THESE BENCHMARKS WITH THE SALARY LEVELS OF THE HIGHLY COMPENSATED EMPLOYEES, ADJUSTED FOR REGION, AND DETERMINED THAT THE SALARIES WERE REASONABLE. EVER SINCE THE RAISES ARE IN LINE WITH PERFORMANCE AND INFLATION. THE PERSONNEL COMMITTEE APPROVES RAISES ANNUALLY, INCLUDING 2013-2014. ALL SUPPORTING DOCUMENTATION IS MAINTAINED. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST DURING NORMAL BUSINESS HOURS. FORM 990, PART XI, LINE 9: INCREASE IN PERMANENTLY RESTRICTED NET ASSETS 161,673.