MASS GENERAL BRIGHAM INCORPORATED: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- MASS GENERAL BRIGHAM INCORPORATED (EIN 04-2129889)
- Tax period
- 2011-10-01 to 2012-09-30
- Filed
- 2013-08-14
- IRS object ID
- 201312269349301491
- Schema version
- 2011v1.5
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule G
- Schedule I
- Schedule J
- Schedule K
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-08-14T13:42:03-05:00 | Timestamp |
| Tax Period End Date | 2012-09-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PricewaterhouseCoopers LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 125 High Street | AddressLine1 |
| City | Boston | City |
| State | MA | State |
| ZIP Code | 02110 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2011-10-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 042129889 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Schepens Eye Research Institute Inc | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of Name | % CAROLANN WILLIAMS | InCareOfName |
| Name Control | SCHE | NameControl |
| Phone | 6179120100 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 20 Staniford Street | AddressLine1 |
| City | Boston | City |
| State | MA | State |
| ZIP Code | 02114 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | CAROLANN WILLIAMS | Name |
| Title | CFO/VP FINANCE | Title |
| Date Signed | 2013-08-08 | DateSigned |
| Authorize Third Party | true | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | PRICEWATERHOUSECOOPERS LLP | Name |
| Phone | 6175305000 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | JOHN FERNANDEZ | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 243 CHARLES STREET | AddressLine1 |
| City | BOSTON | City |
| State | MA | State |
| ZIP Code | 02114 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 61650810 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | www.schepens.harvard.edu | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1950 | YearFormation |
| State Legal Domicile | MA | StateLegalDomicile |
| Activity Or Mission Description | SEE SCHEDULE O. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 26 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 23 | NbrIndependentVotingMembers |
| Total Nbr Employees | 182 | TotalNbrEmployees |
| Total Nbr Volunteers | 65 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 5510942 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 26554067 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 0 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 0 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 44055 | InvestmentIncomePriorYear |
| Investment Income Current Year | 1249229 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 78508 | OtherRevenuePriorYear |
| Other Revenue Current Year | 776296 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 5633505 | TotalRevenuePriorYear |
| Total Revenue Current Year | 28579592 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 67284 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 159927 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 3895832 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 15888049 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 22 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 635121 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 2990236 | OtherExpensePriorYear |
| Other Expenses Current Year | 9433966 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 6953374 | TotalExpensesPriorYear |
| Total Expenses Current Year | 25481942 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -1319869 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 3097650 | RevenuesLessExpensesCY |
| Total Assets BOY | 48192747 | TotalAssetsBOY |
| Total Assets EOY | 50344869 | TotalAssetsEOY |
| Total Liabilities BOY | 25280863 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 23140570 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 22911884 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 27204299 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | SEE SCHEDULE O | MissionDescription |
| Significant New Program Services | false | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Expense | 19252739 | Expense |
| Grants | 0 | Grants |
| Revenue | 458249 | Revenue |
| Description | The Institute has research at every stage of development from the critical new ideas that are changing the way researchers around the world look at the future of treatmeNT, to products in late-stage clinical trIAls, set to make an immediate impact on the lives of people struggling with vision-roBbing dIseases and injuries. The Institute has made tremendous progress in developing new cures for macular degeneration, diabetic retinopathy, glaucoma, other types of retinal and optic nerve degenerations and damage, dry eye and eye tissue transplants. There has also been great strides made in the development of new technologies - new lenses and devices - to help those with low vision make the absolute most out of the vision they have until we can reversE vision loss. | Description |
| Total Program Service Expense | 19252739 | TotalProgramServiceExpense |
| Described In501 C3 | true | DescribedIn501C3 |
| Schedule B Required | true | ScheduleBRequired |
| Political Activities | false | PoliticalActivities |
| Lobbying Activities | false | LobbyingActivities |
| Subject To Proxy Tax | false | SubjectToProxyTax |
| Donor Advised Funds | false | DonorAdvisedFunds |
| Conservation Easements | false | ConservationEasements |
| Collections Of Art | false | CollectionsOfArt |
| Credit Counseling | false | CreditCounseling |
| Term Or Permanent Endowments | true | TermOrPermanentEndowments |
| Report Land Bldg Equip | true | ReportLandBldgEquip |
| Report Invest Oth Securities | true | ReportInvestOthSecurities |
| Report Prog Rel Invest | false | ReportProgRelInvest |
| Report Other Assets | true | ReportOtherAssets |
| Report Other Liabilities | true | ReportOtherLiabilities |
| Report Fin48 Footnote | true | ReportFin48Footnote |
| Independent Audit Financial Stmt | false | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | true | ConsolidatedAuditFinancialStmt |
| School | false | School |
| Foreign Office | false | ForeignOffice |
| Foreign Activities | false | ForeignActivities |
| More Than5000 K To Organizations | false | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividuals |
| Professional Fundraising | false | ProfessionalFundraising |
| Fundraising Activities | true | FundraisingActivities |
| Gaming | false | Gaming |
| Hospital | false | Hospital |
| Grants To Organizations | true | GrantsToOrganizations |
| Grants To Individuals | false | GrantsToIndividuals |
| Schedule J Required | true | ScheduleJRequired |
| Tax Exempt Bonds | true | TaxExemptBonds |
| Invest Tax Exempt Bonds | false | InvestTaxExemptBonds |
| Escrow Account | false | EscrowAccount |
| On Behalf Of Issuer | false | OnBehalfOfIssuer |
| Excess Benefit Transaction | false | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | false | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | false | LoanToOfficerOrDQP |
| Grant To Related Person | false | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | false | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | false | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | false | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | false | DeductibleNonCashContributions |
| Deductible Contributions Of Art | false | DeductibleContributionsOfArt |
| Terminated | false | Terminated |
| Partial Liquidation | false | PartialLiquidation |
| Disregarded Entity | false | DisregardedEntity |
| Related Entity | true | RelatedEntity |
| Related Org Controlled Entity | true | RelatedOrgControlledEntity |
| Transaction Related Entity | true | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | false | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | false | ActivitiesConductedPartnership |
| Schedule O Required | true | ScheduleORequired |
| Number Forms Transmitted With1096 | 38 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | true | ComplianceWithBackupWitholding |
| Number Of Employees | 182 | NumberOfEmployees |
| Employment Tax Returns Filed | true | EmploymentTaxReturnsFiled |
| Unrelated Business Income | false | UnrelatedBusinessIncome |
| Foreign Financial Account | false | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTrans |
| Taxable Party Notification | false | TaxablePartyNotification |
| Non Deductible Contributions | false | NonDeductibleContributions |
| Quid Pro Quo Contributions | true | QuidProQuoContributions |
| Quid Pro Quo Disclosure | true | QuidProQuoDisclosure |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | false | FundsToPayPremiums |
| Premiums Paid | false | PremiumsPaid |
| Indoor Tanning Services | false | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 26 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 23 | NumberIndependentVotingMembers |
| Family Or Business Relationship | false | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | false | DelegationOfManagementDuties |
| Changes To Organizing Docs | false | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuse |
| Members Or Stockholders | true | MembersOrStockholders |
| Election Of Board Members | true | ElectionOfBoardMembers |
| Decisions Subject To Approval | true | DecisionsSubjectToApproval |
| Minutes Of Governing Body | true | MinutesOfGoverningBody |
| Minutes Of Committees | true | MinutesOfCommittees |
| Officer Mailing Address | false | OfficerMailingAddress |
| Local Chapters | false | LocalChapters |
| Form990 Provided To Governing Body | true | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | true | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | true | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | true | RegularMonitoringEnforcement |
| Whistleblower Policy | true | WhistleblowerPolicy |
| Document Retention Policy | true | DocumentRetentionPolicy |
| Compensation Process CEO | false | CompensationProcessCEO |
| Compensation Process Other | false | CompensationProcessOther |
| Investment In Joint Venture | false | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | MA | StatesWhereCopyOfReturnIsFiled |
| Other Website | X | OtherWebsite |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | CAROLANN WILLIAMS | NamePerson |
| Telephone Number | 6175734265 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 20 STANIFORD STREET | AddressLine1 |
| City | Boston | City |
| State | MA | State |
| ZIP Code | 02114 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | X | InfoInScheduleOPartVII |
Form990 Part VII Section A Form990PartVIISectionA (40 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Other CompensationOtherCompensation | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | OfficerOfficer | Key EmployeeKeyEmployee | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|---|
| Kathryn C Vecellio | ||||||||
| Director | 3.0 | X | 0 | |||||
| Glenn P Strehle | ||||||||
| Director | 3.0 | X | 0 | |||||
| Sherman H Starr | ||||||||
| Director | 3.0 | X | 0 | |||||
| David Snyder MD | ||||||||
| Director | 3.0 | X | 0 | |||||
| Eleanor G Shore MD | ||||||||
| Director | 3.0 | X | 0 | |||||
| Joseph F Rizzo III MD | ||||||||
| Director | 3.0 | X | 0 | |||||
| John Reilly | ||||||||
| Director | 3.0 | X | 0 | |||||
| Nancy Raquet | ||||||||
| Director | 3.0 | X | 0 | |||||
| Patricia Patricelli | ||||||||
| Director | 3.0 | X | 0 | |||||
| Scott Newquist | ||||||||
| Director | 3.0 | X | 0 | |||||
| Victoria McCullough | ||||||||
| Director | 3.0 | X | 0 | |||||
| Renee Manger | ||||||||
| Director | 3.0 | X | 0 | |||||
| Kay Lyons | ||||||||
| Director | 3.0 | X | 0 | |||||
| Donald R Korb OD | ||||||||
| Director | 3.0 | X | 0 | |||||
| Charles de Gunzburg | ||||||||
| Director | 3.0 | X | 0 | |||||
| Mark B Abelson MD | ||||||||
| Director | 3.0 | X | 0 | |||||
| KennetT F Burnes | ||||||||
| Director | 3.0 | X | 0 | |||||
| KennetH M Fischer | ||||||||
| DIRECTOR | 3.0 | X | 33393 | 0 | 275183 | |||
| DeWalt H Ankeny Jr | ||||||||
| Director | 3.0 | X | 0 | |||||
| William F Aikman | ||||||||
| Director | 3.0 | X | 0 | |||||
| John Sutton | ||||||||
| Director | 3.0 | X | 0 | |||||
| Frans Van de Velde | ||||||||
| Director | 3.0 | X | 0 | |||||
| John R Fernandez | ||||||||
| President | 5.0 | X | 173740 | 0 | 751550 | X | ||
| WYCLIFFE GROUSBECK | ||||||||
| DIRECTOR | 3.0 | X | 0 | |||||
| JOAN W MILLER MD | ||||||||
| DIRECTOR | 3.0 | X | 56018 | 0 | 731929 | |||
| ANNETTE NOVA | ||||||||
| DIRECTOR | 3.0 | X | 0 | |||||
| Lily Bentas | ||||||||
| Secretary | 3.0 | 0 | X | |||||
| Jonathan Uhrig | ||||||||
| Treasurer | 3.0 | 0 | X | |||||
| SUSAN WILLIAMS | ||||||||
| ASSISTANT SECRETARY | 3.0 | 18750 | 0 | 261351 | X | |||
| MAUREEN KELLEY | ||||||||
| ASSISTANT SECRETARY | 5.0 | 21907 | 116294 | X | ||||
| NANCY TREVETHICK | ||||||||
| ASST TREASURER (UNTIL 7/6/12) | 3.0 | 12977 | 119568 | 0 | X | |||
| CAROLANN WILLIAMS | ||||||||
| TREASURER | 5.0 | 4368 | 192813 | X | ||||
| PATRICIA D'AMORE | ||||||||
| CO-DIRECTOR OF RESEARCH | 40.0 | 43531 | 224646 | 0 | X | |||
| REZA DANA | ||||||||
| CO-DIRECTOR OF RESEARCH | 40.0 | 44861 | 250677 | 0 | X | |||
| ELIEZER PELI | ||||||||
| CO-DIRECTOR OF RESEARCH | 40.0 | 48436 | 280140 | 0 | X | |||
| DARLENE DARTT | ||||||||
| SENIOR SCIENTIST | 40.0 | 50102 | 202736 | 0 | X | |||
| ANDRIUS KAZLAUSKAS | ||||||||
| SENIOR SCIENTIST | 40.0 | 48456 | 177399 | 0 | X | |||
| ILENE GIPSON | ||||||||
| SENIOR SCIENTIST | 40.0 | 36943 | 181342 | 0 | X | |||
| MARY CHATTERTON | ||||||||
| DIRECTOR OF CORPORATE ALLIANCE | 40.0 | 29360 | 183684 | 0 | X | |||
| JOAN STEIN STREILEIN | ||||||||
| SENIOR SCIENTIST | 40.0 | 29927 | 166408 | 0 | X | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 1786600 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 2329120 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 652769 | TotalOtherCompensation |
| Number Individuals GT100 K | 19 | NumberIndividualsGT100K |
| Formers Listed | false | FormersListed |
| Total Comp GT150 K | true | TotalCompGT150K |
| Compensation From Other Sources | false | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (2 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| MINTZ LEVIN COHN FERRIS GLOVSKYPOP | |||||
| PO BOX 4539 | BOSTON | MA | 02212 | LEGAL | 112361 |
| ONEILL ATHY CASSEY PC | |||||
| 1310 19TH STREET NW | WASHINGTON | DC | 20036 | LEGAL | 120006 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 2 | NumberOfContractorsGT100K |
| Related Organizations | 954610 | RelatedOrganizations |
| Government Grants | 21380666 | GovernmentGrants |
| All Other Contributions | 4218791 | AllOtherContributions |
| Noncash Contributions | 7989 | NoncashContributions |
| Total Contributions | 26554067 | TotalContributions |
| Total Program Service Revenue | 0 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 494644 | TotalRevenueColumn |
| Exclusion | $494,644 | ExclusionAmount |
Income From Invest Bond Proceeds IncomeFromInvestBondProceeds
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Royalties Revenue RoyaltiesRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 11975 | TotalRevenueColumn |
| Exclusion | $11,975 | ExclusionAmount |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 133830 | Real |
Less Rental Expenses LessRentalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 49207 | Real |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 84623 | Real |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 84623 | TotalRevenueColumn |
| Exclusion | $84,623 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 33678522 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 32923937 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 754585 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 754585 | TotalRevenueColumn |
| Exclusion | $754,585 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 319523 | GrossIncomeFundraisingEvents |
| Fundraising Direct Expenses | 98074 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 221449 | TotalRevenueColumn |
| Exclusion | $221,449 | ExclusionAmount |
Net Income From Gaming NetIncomeFromGaming
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Other Revenue Misc OtherRevenueMisc (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| PARKING INCOME | 531390 | 48190 | 48190 |
| ALL OTHER REVENUE | 900099 | 410059 | 410059 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 458249 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 28579592 | TotalRevenueColumn |
| Related Or Exempt Function Income | 458249 | RelatedOrExemptFunctionIncome |
| Exclusion | $1,567,276 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 159927 | Total |
| Program Services | 159927 | ProgramServices |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Foreign Grants ForeignGrants
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Benefits To Members BenefitsToMembers
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 779826 | Total |
| Program Services | 779826 | ProgramServices |
Comp Disqual Persons CompDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 11144992 | Total |
| Program Services | 9256793 | ProgramServices |
| Management And General | 1640018 | ManagementAndGeneral |
| Fundraising | 248181 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 802748 | Total |
| Program Services | 666745 | ProgramServices |
| Management And General | 118127 | ManagementAndGeneral |
| Fundraising | 17876 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2408841 | Total |
| Program Services | 1901093 | ProgramServices |
| Management And General | 462146 | ManagementAndGeneral |
| Fundraising | 45602 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 751642 | Total |
| Program Services | 609978 | ProgramServices |
| Management And General | 125461 | ManagementAndGeneral |
| Fundraising | 16203 | Fundraising |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 8598 | Total |
| Management And General | 8598 | ManagementAndGeneral |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 159821 | Total |
| Program Services | 19761 | ProgramServices |
| Management And General | 140060 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 37839 | Total |
| Management And General | 37839 | ManagementAndGeneral |
Fees For Services Lobbying FeesForServicesLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 125477 | Total |
| Management And General | 125477 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 582852 | Total |
| Program Services | 289125 | ProgramServices |
| Management And General | 109092 | ManagementAndGeneral |
| Fundraising | 184635 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 17824 | Total |
| Management And General | 9318 | ManagementAndGeneral |
| Fundraising | 8506 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1762965 | Total |
| Program Services | 1706901 | ProgramServices |
| Management And General | -22259 | ManagementAndGeneral |
| Fundraising | 78323 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 86649 | Total |
| Program Services | 69319 | ProgramServices |
| Management And General | 17330 | ManagementAndGeneral |
Royalties Royalties
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4870237 | Total |
| Program Services | 2643136 | ProgramServices |
| Management And General | 2223861 | ManagementAndGeneral |
| Fundraising | 3240 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 274732 | Total |
| Program Services | 251144 | ProgramServices |
| Management And General | 9980 | ManagementAndGeneral |
| Fundraising | 13608 | Fundraising |
Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 59543 | Total |
| Program Services | 55186 | ProgramServices |
| Management And General | 3397 | ManagementAndGeneral |
| Fundraising | 960 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 168 | Total |
| Management And General | 168 | ManagementAndGeneral |
Payments To Affiliates PaymentsToAffiliates
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1075786 | Total |
| Program Services | 688503 | ProgramServices |
| Management And General | 387283 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 55032 | Total |
| Program Services | 23938 | ProgramServices |
| Management And General | 31094 | ManagementAndGeneral |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Management And GeneralManagementAndGeneral | Program ServicesProgramServices | FundraisingFundraising |
|---|---|---|---|---|
| PAYROLL PROCESSING | 16814 | 16814 | ||
| MEMBERSHIP DUES | 27103 | 2169 | 24829 | 105 |
| MEALS AND BEVERAGES | 12605 | 1461 | 10933 | 211 |
| MISCELLANEOUS | 259921 | 146648 | 95602 | 17671 |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 25481942 | Total |
| Program Services | 19252739 | ProgramServices |
| Management And General | 5594082 | ManagementAndGeneral |
| Fundraising | 635121 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 273147 | BOY |
| EOY | 513975 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1771614 | BOY |
| EOY | 2043302 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Receivables From Officers Etc ReceivablesFromOfficersEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Receivables From Disqual Persons ReceivablesFromDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 75521 | BOY |
| EOY | 148107 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 68140203 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 48090610 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 19937658 | BOY |
| EOY | 20049593 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 25178948 | BOY |
| EOY | 8482954 | EOY |
Investments Program Related InvestmentsProgramRelated
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Intangible Assets IntangibleAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 955859 | BOY |
| EOY | 19106938 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 48192747 | BOY |
| EOY | 50344869 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3159445 | BOY |
| EOY | 2420186 | EOY |
Grants Payable GrantsPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3404096 | BOY |
| EOY | 3125932 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 9808850 | BOY |
| EOY | 9508200 | EOY |
Escrow Account Liability EscrowAccountLiability
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Loans From Officers Directors LoansFromOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 8908472 | BOY |
| EOY | 8086252 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 25280863 | BOY |
| EOY | 23140570 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 171488 | BOY |
| EOY | 3649465 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 10328631 | BOY |
| EOY | 11143069 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 12411765 | BOY |
| EOY | 12411765 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 22911884 | BOY |
| EOY | 27204299 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 48192747 | BOY |
| EOY | 50344869 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 3097650 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 1194765 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | false | AccountantCompileOrReview |
| FS Audited | true | FSAudited |
| Audit Committee | true | AuditCommittee |
| Financial Statement Consolidated | X | FinancialStatementConsolidated |
| Federal Grant Audit Required | true | FederalGrantAuditRequired |
| Federal Grant Audit Performed | true | FederalGrantAuditPerformed |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org170b1 Avi | X | PubliclySupportedOrg170b1Avi |
Gifts Grants Contrib Received170 GiftsGrantsContribReceived170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 22923339 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 23901174 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 27600132 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 25889793 | CurrentTaxYearMinus1Year |
| Current Tax Year | 26554067 | CurrentTaxYear |
| Total | 126868505 | Total |
Total170 Total170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 22923339 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 23901174 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 27600132 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 25889793 | CurrentTaxYearMinus1Year |
| Current Tax Year | 26554067 | CurrentTaxYear |
| Total | 126868505 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amounts Subst Contributors Total | 0 | AmountsSubstContributorsTotal |
| Public Support Total170 | 126868505 | PublicSupportTotal170 |
Gross Investment Income170 GrossInvestmentIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 1284546 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 1334459 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 778104 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 831091 | CurrentTaxYearMinus1Year |
| Current Tax Year | 506619 | CurrentTaxYear |
| Total | 4734819 | Total |
Other Income170 OtherIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year | 458249 | CurrentTaxYear |
| Total | 458249 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | 132061573 | TotalSupport |
| Public Support Pertcentage170 | 0.96068 | PublicSupportPertcentage170 |
| Public Support Pertcent Prior Year | 0.95120 | PublicSupportPertcentPriorYear |
| Thirty Three Percnt Tests CY170 | X | ThirtyThreePercntTestsCY170 |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Art Public Exhibition Amts | ArtPublicExhibitionAmts | |
| Held Works Of Art Amts | HeldWorksOfArtAmts |
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 24836780 | BeginningOfYearBalance |
| Investment Earnings Or Losses | 2512819 | InvestmentEarningsOrLosses |
| Other Expenditures | 895242 | OtherExpenditures |
| Administrative Expenses | 130839 | AdministrativeExpenses |
| End Of Year Balance | 26323518 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 28264768 | BeginningOfYearBalance |
| Investment Earnings Or Losses | -2394135 | InvestmentEarningsOrLosses |
| Other Expenditures | 998810 | OtherExpenditures |
| Administrative Expenses | 35043 | AdministrativeExpenses |
| End Of Year Balance | 24836780 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 26069898 | BeginningOfYearBalance |
| Investment Earnings Or Losses | 4502516 | InvestmentEarningsOrLosses |
| Other Expenditures | 2135240 | OtherExpenditures |
| Administrative Expenses | 172406 | AdministrativeExpenses |
| End Of Year Balance | 28264768 | EndOfYearBalance |
Current Year Minus3 Years CurrentYearMinus3Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 24449540 | BeginningOfYearBalance |
| Contributions | 100000 | Contributions |
| Investment Earnings Or Losses | 2619572 | InvestmentEarningsOrLosses |
| Other Expenditures | 967886 | OtherExpenditures |
| Administrative Expenses | 131328 | AdministrativeExpenses |
| End Of Year Balance | 26069898 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.17000 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.83000 | PermanentEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | false | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | false | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 202818 | OtherCostOrOtherBasis |
| Book Value | 202818 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 40684550 | OtherCostOrOtherBasis |
| Depreciation | 23176514 | Depreciation |
| Book Value | 17508036 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 8276783 | OtherCostOrOtherBasis |
| Depreciation | 8261101 | Depreciation |
| Book Value | 15682 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 18973819 | OtherCostOrOtherBasis |
| Depreciation | 16652472 | Depreciation |
| Book Value | 2321347 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 2233 | OtherCostOrOtherBasis |
| Depreciation | 523 | Depreciation |
| Book Value | 1710 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 20049593 | TotalOfBookValueLandBuildings |
| Financial Derivatives | FinancialDerivatives | |
| Closely Held Equity Interests | CloselyHeldEquityInterests |
Other Securities OtherSecurities (3 entries)
| DescriptionDescription | Book ValueBookValue |
|---|---|
| DOMESTIC EQUITIES | 169404 |
| CASH AND CASH EQUIVILANTS | 107487 |
| FIXED INCOME | 8206063 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 8482954 | TotalOfBookValueSecurities |
Other Assets OtherAssets (2 entries)
| DescriptionDescription | Book ValueBookValue |
|---|---|
| DUE FROM AFFILIATES | 18375258 |
| OTHER ASSETS | 731680 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | 19106938 | TotalBookValueOtherAssets |
| Federal Income Tax Liability | 0 | FederalIncomeTaxLiability |
Other Liabilities OtherLiabilities (3 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| DEFERRED CREDIT | $5,583,440 |
| DEFERRED RENT | $1,812,041 |
| CHARITABLE GIFT ANNUITY OBLIGATIONS | $690,771 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 8086252 | TotalOfAmounts |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| SCHEDULE D, PART V, LINE 4 | The intended use of SCHEPENS' endowment funds is TO PROVIDE A PREDICTABLE | stream of funding to the supported research activities while seeking to maintain the purchasing power of the endowment assets. |
| SCHEDULE D, PART X, LINE 2 | SCHEPENS EYE RESEARCH INSTITUTE, INC. ("SCHEPENS") WAS INCLUDED IN | CONSOLIDATED FINANCIAL STATEMENTS WITH ITS AFFILIATED ORGANIZATIONS. THE INCOME TAX FOOTNOTE IS AS FOLLOWS: SCHEPENS AND ITS AFFILIATES QUALIFY AS TAX-EXEMPT ORGANIZATIONS UNDER THE INTERNAL REVENUE CODE. SCHEPENS, INFIRMARY, ASSOCIATES, THE FOUNDATION, AND EMBANKMENT ARE TAX-EXEMPT UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND CIRCLE IS TAX-EXEMPT UNDER 501(C)(25) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN MADE IN THE ACCOMPANYING FINANCIAL STATEMENTS. |
Schedule G IRS990ScheduleG
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | DINNER | NameOfEvent1 |
| Gross Receipts Event1 | 319523 | GrossReceiptsEvent1 |
| Gross Revenue Event1 | 319523 | GrossRevenueEvent1 |
| Food And Beverage Event1 | 63662 | FoodAndBeverageEvent1 |
| Other Direct Expenses Event1 | 34412 | OtherDirectExpensesEvent1 |
| Total Number Of Other Events | 0 | TotalNumberOfOtherEvents |
| Gross Receipts Total | 319523 | GrossReceiptsTotal |
| Gross Revenue Total Events | 319523 | GrossRevenueTotalEvents |
| Food And Beverage Total Events | 63662 | FoodAndBeverageTotalEvents |
| Other Direct Expenses Total Events | 34412 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 98074 | DirectExpenseSummaryEvents |
| Net Income Summary | 221449 | NetIncomeSummary |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | true | RecordsMaintained |
Recipient Table RecipientTable (4 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EIN Of RecipientEINOfRecipient | IRC SectionIRCSection | Amount Of Cash GrantAmountOfCashGrant |
|---|---|---|---|---|---|---|
| Brigham and Women's | ||||||
| 75 Francis Street | Boston | MA | 02115 | 042697983 | 501(c)(3) | 52142 |
| UMDNJ - School of Osteopathic Medicine | ||||||
| 40 East Laurel Road | Stratford | NJ | 08084 | 221980408 | 501(c)(3) | 5190 |
| Trustees of Boston University | ||||||
| 881 Commonwealth Avenue | Boston | MA | 02215 | 042103547 | 501(c)(3) | 34313 |
| Massachusetts Eye and Ear Infirmary | ||||||
| 243 Charles Street | Boston | MA | 02114 | 042103591 | 501(c)(3) | 68282 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Nbr Of501 C3 And Govt Grants | 4 | TotalNbrOf501C3AndGovtGrants |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Schedule I, part I, Line 2 | Identifier |
| Return Reference | Schepens Eye Research Institute follows OMB AND A-133 GUIDELINES FOR | ReturnReference |
| Explanation | subrecipient compliance. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Severance Payment | false | SeverancePayment |
| Supplemental Nonqual Retire Plan | true | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | false | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | false | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | false | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | false | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | false | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | true | AnyNonFixedPayments |
| Initial Contract Exception | false | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (13 entries)
| Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs | Base Compensation Filing OrgBaseCompensationFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| KennetH M Fischer | |||||||||||||
| 261040 | 0 | 14143 | 0 | 33393 | 0 | 0 | 0 | 308576 | 0 | 0 | |||
| John R Fernandez | |||||||||||||
| 599160 | 0 | 8390 | 0 | 145574 | 0 | 28166 | 0 | 925290 | 0 | 0 | 0 | 144000 | 0 |
| JOAN W MILLER MD | |||||||||||||
| 617189 | 0 | 17742 | 0 | 33860 | 0 | 22158 | 0 | 787947 | 0 | 0 | 0 | 96998 | 0 |
| SUSAN WILLIAMS | |||||||||||||
| 221205 | 0 | 17061 | 0 | 9584 | 0 | 9166 | 0 | 280101 | 0 | 0 | 0 | 23085 | 0 |
| PATRICIA D'AMORE | |||||||||||||
| 0 | 42000 | 23780 | 0 | 19751 | 0 | 268177 | 0 | 0 | 0 | 182646 | |||
| REZA DANA | |||||||||||||
| 0 | 60000 | 25110 | 0 | 19751 | 0 | 295538 | 0 | 0 | 0 | 190677 | |||
| ELIEZER PELI | |||||||||||||
| 0 | 60000 | 28685 | 0 | 19751 | 0 | 328576 | 0 | 0 | 0 | 220140 | |||
| DARLENE DARTT | |||||||||||||
| 0 | 25151 | 0 | 24951 | 0 | 252838 | 0 | 0 | 0 | 202736 | ||||
| ANDRIUS KAZLAUSKAS | |||||||||||||
| 0 | 20185 | 0 | 28271 | 0 | 225855 | 0 | 0 | 0 | 177399 | ||||
| ILENE GIPSON | |||||||||||||
| 0 | 22889 | 0 | 14054 | 0 | 218285 | 0 | 0 | 0 | 181342 | ||||
| MARY CHATTERTON | |||||||||||||
| 0 | 23015 | 0 | 6345 | 0 | 213044 | 0 | 0 | 0 | 183684 | ||||
| JOAN STEIN STREILEIN | |||||||||||||
| 0 | 21125 | 0 | 8802 | 0 | 196335 | 0 | 0 | 0 | 166408 | ||||
| CAROLANN WILLIAMS | |||||||||||||
| 182687 | 126 | 3486 | 882 | 197181 | 0 | 0 | 10000 | ||||||
Form990 Schedule J Part III Form990ScheduleJPartIII (3 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| SCHEDULE J, PART I, LINE 3 | OFFICERS, DIRECTORS, & KEY EMPLOYEES OF SCHEPENS EYE RESEARCH INSTITUTE, | INC. ("SCHEPENS") ARE LEASED FROM THE MASSACHUSETTS EYE AND EAR INFIRMARY ("THE INFIRMARY"), A RELATED ORGANIZATION. THE INFIRMARY USED A COMPENSATION COMMITTEE, COMPENSATION SURVEY, APPROVAL BY THE BOARD, AND AN INDEPENDENT COMPENSATION CONSULTANT TO ESTABLISH THE COMPENSATION OF THE PRESIDENT. |
| SCHEDULE J, PART I, LINE 4B | EFFECTIVE APRIL 18, 2011, JOHN FERNANDEZ ENTERED INTO A DEFERRED | COMPENSATION ARRANGEMENT WITH MASSACHUSETTS EYE AND EAR INFIRMARY UNDER THE AGREEMENT, MR. FERNANDEZ WILL BE CREDITED $120,000 EACH YEAR. EACH ANNUAL CREDIT WILL VEST ON THE FOURTH ANNIVERSARY OF THE DATE SUCH CREDIT WAS MADE OR UPON (1) THE ATTAINMENT OF THE AGE OF 65 WHILE EMPLOYED; (2) TERMINATION WITHOUT CAUSE OR RESIGNATION FOR GOOD REASON; (3) DEATH; (4) DISABILITY; OR (5) CHANGE OF CONTROL OF MASSACHUSETTS EYE AND EAR INFIRMARY WITHIN THE MEANING OF SECTION 409A OF THE INTERNAL REVENUE CODE. |
| SCHEDULE J, PART I, LINE 7 | BONUSES PAID BY THE ORGANIZATION WERE FOR DUTIES AS CO-DIRECTORS OF RESEARCH. THE AMOUNTS WERE DETERMINED AND APPROVED BY THE BOARD OF TRUSTEES. |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MASSACHUSETTS DEVELOPMENT FINANCE AGENCY | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Issuer EIN | 043431814 | IssuerEIN |
| Date Issued | 2010-12-30 | DateIssued |
| Issue Price | 10000000 | IssuePrice |
| Description Of Purpose | REFUND PRIOR ISSUE 1/14/1998 | DescriptionOfPurpose |
| Defeased | false | Defeased |
| On Behalf Of Issuer | false | OnBehalfOfIssuer |
| Pool Financing | false | PoolFinancing |
Form990 Schedule K Part II Form990ScheduleKPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amount Retired | 0 | AmountRetired |
| Amount Bond Defeased | 0 | AmountBondDefeased |
| Total Proceeds | 10000000 | TotalProceeds |
| Amount In Reserve Fund | 771650 | AmountInReserveFund |
| Capitalized Interest | 0 | CapitalizedInterest |
| Refunding Escrow | 0 | RefundingEscrow |
| Issuance Costs From Proceeds | 172500 | IssuanceCostsFromProceeds |
| Credit Enhancement | 0 | CreditEnhancement |
| Working Capital Expenditures | 0 | WorkingCapitalExpenditures |
| Capital Expenditures | 90915 | CapitalExpenditures |
| Other Spent Proceeds | 8964935 | OtherSpentProceeds |
| Amount Unspent | 0 | AmountUnspent |
| Year Of Subst Completion | 2010 | YearOfSubstCompletion |
| Current Refunding | true | CurrentRefunding |
| Advance Refunding | false | AdvanceRefunding |
| Final Allocation Made | true | FinalAllocationMade |
| Adequate Books And Recds Maintaind | true | AdequateBooksAndRecdsMaintaind |
Form990 Schedule K Part III Form990ScheduleKPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Owning Bond Financed Property | false | OwningBondFinancedProperty |
| Any Lease Arrangements | false | AnyLeaseArrangements |
| Mngment Cntrct Bond Financd Prprty | false | MngmentCntrctBondFinancdPrprty |
| Any Research Agreements | false | AnyResearchAgreements |
| Prcntge Prvt Business Use By Others | 0.00000 | PrcntgePrvtBusinessUseByOthers |
| Percentage Of Prvt Business Re UBI | 0.00000 | PercentageOfPrvtBusinessReUBI |
| Total Private Business Use | 0.00000 | TotalPrivateBusinessUse |
| Post Issuance Compliance Procdrs | true | PostIssuanceComplianceProcdrs |
Form990 Schedule K Part IV Form990ScheduleKPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8038 T Filed | false | Form8038TFiled |
| Variable Rate Issue | false | VariableRateIssue |
| Hedge Identified In Books And Recds | false | HedgeIdentifiedInBooksAndRecds |
Name Of Hedge Provider NameOfHedgeProvider
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | 0 | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Proceeds Invested In GIC | false | GrossProceedsInvestedInGIC |
Name Of GIC Provider NameOfGICProvider
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | 0 | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Proceeds Invested | false | GrossProceedsInvested |
| Exception To Rebate | false | ExceptionToRebate |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Form 990, Part I, Line 1 & PART III, LINE 1 | Identifier |
| Return Reference | DESCRIPTION OF ORGANIZATION MISSION | ReturnReference |
| Explanation | THE SCHEPENS EYE RESEARCH INSTITUTE ("SCHEPENS") FIGHTS BLINDNESS BY DEVELOPING NEW TECHNOLOGIES, THERAPIES AND KNOWLEDGE TO RETAIN AND RESTORE VISION. THROUGH A CONTINUUM OF DISCOVERY, THE INSTITUTE WORKS TOWARD A FUTURE IN WHICH BLINDNESS IS PREVENTED, ALLEVIATED AND ULTIMATELY CURED. Form 990, Part VI, Section A, line 6 The Foundation of the Massachusetts Eye and Ear Infirmary, Inc. is the sole member of the Institute. FORM 990, PART VI, SECTION A, LINE 7A The Board of Directors are elected by the Member. FORM 990, PART VI, SECTION A, LINE 7B The following actions shall require approval by the Member: 1. Approval of all long-term or master strategic or business plans of the Corporation and any substantive changes thereto; 2. Approval of any substantive changes to the vision and mission statement of the Corporation; 3. Approval of annual and long-term operating and capital budgets of the Corporation; 4. Approval of the merger, consolidation, or dissolution of the Corporation; 5. Approval of any material change in the types of research conducted by the Corporation, including additions thereto and discontinuations thereof, which are not expressly identified and provided for in the previously approved strategic and/or business plans; 6. Appointment or removal of financial auditors of the Corporation; 7. Approval of the Corporations plan of insurance; 8. Approval of the organization or acquisition of any subsidiary or affiliate of the Corporation, or the conducting of all or any part of the Corporations business through one or more affiliated corporations, partnerships, limited liability companies or other arrangements or entities; 9. Approval of any academic or other material strategic affiliation of the Corporation with third parties; Form 990, part VI, Section B, line 11B SCHEPENS'S FORM 990 IS PREPARED BY PRICEWATERHOUSECOOPERS, LLP USING INFORMATION PROVIDED BY MANAGEMENT. AFTER THE FORM 990 IS COMPLETED, IT IS REVIEWED BY THE DIRECTOR FINANCE OPERATIONS OF THE INFIRMARY. THE FORM 990 IS THEN PRESENTED TO THE FINANCE COMMITTEE FOR FURTHER REVIEW AND APPROVAL AS AUTHORIZED BY THE BOARD OF DIRECTORS. THE BOARD OF DIRECTORS IS ALSO GIVEN THE FORM 990 FOR REVIEW WITH TIME TO SUBMIT COMMENTS AND QUESTIONS BEFORE FINAL FILING. FORM 990, Part VI, Section B, Line 12C ALL EMPLOYEES OF SCHEPENS ARE LEASED FROM THE INFIRMARY AND COVERED BY THE INFIRMARY CONFLICT OF INTEREST POLICY. MEMBERS OF THE STAFF ARE REQUIRED TO DISCLOSE CONFLICTS OF INTEREST TO THEIR CHIEF OF SERVICE, DEPARTMENT AND DIRECTOR OF LABORATORY/UNIT. MEMBERS OF THE BOARD OF DIRECTORS ARE REQUIRED TO DISCLOSE ANNUALLY, IN WRITING, ANY INTERESTS THAT COULD RISE TO CONFLICTS. THE OFFICE OF THE INTERNAL AUDITOR OBTAINS AND REVIEWS THE ANNUAL CONFLICTS OF INTEREST STATEMENTS SUBMITTED BY MEMBERS OF THE BOARD OF DIRECTORS, AND REPORTS ON THE SAME TO THE AUDIT AND COMPLIANCE COMMITTEE OF THE BOARD. WITH RESPECT TO INTERESTS DISCLOSED BY THE BOARD MEMBERS THAT COULD GIVE RISE TO CONFLICTS OF INTEREST, THE INTERNAL AUDITOR REVIEWS ALL TRANSACTIONS BETWEEN SUCH INTERESTS AND AFFILIATES OF SCHEPENS, TO DETERMINE WHETHER THESE TRANSACTION WERE CONDUCTED AT ARM'S LENGTH. FORM 990, Part VI, Section B, Line 15 EMPLOYEES ARE LEASED FROM THE INFIRMARY. PLEASE SEE THE INFIRMARY'S RETURN FOR COMPENSATION DISCLOSURES. THE CHAIRMAN OF THE COMPENSATION COMMITTEE OF THE BOARD OF THE MASSACHUSETTS EYE AND EAR INFIRMARY PRESENTS A RECOMMENDATION TO THE COMPENSATION COMMITTEE WHO HAVE FINAL APPROVAL OF THE CEO'S BASE SALARY AND BONUS AMOUNT. THE CEO RECOMMENDS EXECUTIVE SALARIES TO THE COMPENSATION COMMITTEE OF THE BOARD WHO HAS FINAL AUTHORIZATION TO APPROVE IT. TOTAL COMPENSATION FOR THE CEO, CHIEFS AND VICE PRESIDENTS, INCLUDING BONUS PAYMENTS, INCLUDING COMPARABILITY DATA, IS ANALYZED BY INDEPENDENT COMPENSATION CONSULTANTS AND IS DETERMINED TO BE REASONABLE. FORM 990, PART VI, SECTION B, LINE 19 SUMMARIZED FINANCIAL STATEMENTS ARE AVAILABLE ON THE INFIRMARY'S WEBSITE: WWW.MASSEYEANDEAR.ORG. AUDITED FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. THE FORM 990 IS AVAILABLE ON THE ATTORNEY GENERAL'S WEBSITE AND IS ALSO AVAILABLE UPON REQUEST. GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE ALSO AVAILABLE UPON REQUEST. FORM 990, Part VII COMPENSATION IS FOR PROFESSIONAL SERVICES AND NOT FOR SERVICE AS OFFICERS. SCHEPENS LEASES EMPLOYEES FROM THE INFIRMARY. PLEASE SEE THE INFIRMARY'S RETURN FOR COMPENSATION DISCLOSURES. FORM 990, PART VII THE FOLLOWING INDIVIDUALS WORKED AT RELATED ORGANIZATIONS DURING THE YEAR ENDED SEPTEMBER 30, 2012: DEWALT ANKENY - 4 HOURS LILY BENTAS - 10 HOURS CHARLES DE GUNZBURG - 4 HOURS JOHN FERNANDEZ - 55 HOURS WYCLIFFE GROUSBECK - 4 HOURS MAUREEN KELLEY - 57 HOURS VICTORIA MCCULLOUGH - 4 HOURS JOAN MILLER - 57 HOURS ANNETTE NOVA - 4 HOURS JONATHAN UHRIG - 8 HOURS KATHRYN VECELLIO - 4 HOURS SUSAN WILLIAMS - 55 HOURS CAROLANN WILLIAMS - 55 hours Form 990, Part XI, line 5, Changes in Net Assets Net unrealized GAIN on investmeNTs: $1,194,765 | Explanation |
Schedule R IRS990ScheduleR
Form990 Schedule R Part II Form990ScheduleRPartII (5 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EINEIN | Primary ActivitiesPrimaryActivities | Legal Domicile StateLegalDomicileState | Exempt Code SectionExemptCodeSection | Public Charity StatusPublicCharityStatus | Direct Controlling Entity NADirectControllingEntityNA | Controlled OrgControlledOrg | Business Name Line1DirectControllingEntityName/BusinessNameLine1 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Foundation of the Massachusetts Eye and | |||||||||||
| 243 Charles Street | Boston | MA | 02114 | 042785453 | PARENT | MA | 501(C)(3) | 9 | N/A | false | |
| Massachusetts Eye and Ear Infirmary | |||||||||||
| 243 Charles Street | Boston | MA | 02114 | 042103591 | Hospital | MA | 501(C)(3) | 3 | true | Foundation | |
| Massachusetts Eye and Ear AssociatesInC | |||||||||||
| 243 Charles Street | Boston | MA | 02114 | 222658209 | Patient care | MA | 501(C)(3) | 9 | true | Foundation | |
| Embankment Services Inc | |||||||||||
| 14 David Mugar Way | Boston | MA | 02114 | 043272965 | Support | MA | 501(C)(3) | 11 Type 1 | true | Foundation | |
| Circle Company Inc | |||||||||||
| 243 Charles Street | Boston | MA | 02114 | 042801791 | TITLE HOLDING | MA | 501(C)(25) | n/a | true | Foundation | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | false | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | true | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | true | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | false | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | false | LoansOrGuaranteesFromOtherOrg |
| Sale Of Assets To Other Org | false | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | false | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | false | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | false | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | false | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | false | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | false | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | true | SharingOfFacilities |
| Sharing Of Paid Employees | false | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | true | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | true | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | false | OtherTransferToOtherOrg |
| Other Transfer From Other Org | false | OtherTransferFromOtherOrg |
Transactions Related Orgs Table TransactionsRelatedOrgsTable (3 entries)
| Transaction TypeTransactionType | Amount InvolvedAmountInvolved | Method Of Amt DeterminationMethodOfAmtDetermination |
|---|---|---|
| Massachusetts Eye and Ear Infirmary | ||
| B | 68282 | SUB GRANT PMT |
| Massachusetts Eye and Ear Infirmary | ||
| C | 709308 | SUB GRANT PMT |
| FOUNDATION OF THE MA EYE AND EAR INFIRMARY | ||
| C | 245302 | SUB GRANT PMT |
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