Georgia Eye Bank Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 581371513 ✦ Atlanta, GA ✦ Designated as a 501(c)(3)

Overview

What is Georgia Eye Bank Inc?

Georgia Eye Bank Inc, based in Atlanta, Georgia, is a dedicated nonprofit organization that combats blindness and visual impairment. They accomplish this by recovering, processing, and distributing donor eye tissue for transplantation and research purposes. The organization also actively promotes and offers education on eye donation to increase awareness in the community. In 2022, they supplied over 1,700 sight-restoring corneas for transplantation, with many being provided at reduced processing reimbursements or even gratis. Registered with the U.S. Food & Drug Administration and accredited by the Eye Bank Association of America, Georgia Eye Bank Inc operates under stringent medical, ethical, and professional standards. With a workforce of 44 individuals, the organization is committed to enhancing vision and combatting blindness.


Official website here: www.georgiaeyebank.org

Is Georgia Eye Bank Inc legitimate?

Georgia Eye Bank Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Georgia Eye Bank Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $428,490
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,100,700

For more financial information, click here


Official website here: www.georgiaeyebank.org

What is the mission statement of Georgia Eye Bank Inc?

Georgia Eye Bank Inc, in the battle against blindness and visual impairment, recovers, processes, and supplies donor eye tissue for both surgical transplants and research studies. Additionally, the organization promotes and offers education related to eye donation. In 2022, they provided over 1,700 sight-restoring corneas, with many of these transplants granted at reduced processing reimbursements or gratis. Registered with the U.S. Food & Drug Administration and accredited by the Eye Bank Association of America, Georgia Eye Bank Inc operates under strict medical, ethical, and professional standards.


Official website here: www.georgiaeyebank.org

Who is the CEO of Georgia Eye Bank Inc?

Eric E Meinecke is the Chair/Trustee of Georgia Eye Bank Inc. The CEO's salary of Georgia Eye Bank Inc is $254,528 and their total compensation is $301,571.


Official website here: www.georgiaeyebank.org

What is the revenue of Georgia Eye Bank Inc?

Georgia Eye Bank Inc's revenue in 2022 was $6,672,999.


Official website here: www.georgiaeyebank.org

Who are the executives of Georgia Eye Bank Inc and what are their salaries?

The average compensation at Georgia Eye Bank Inc during 2022 was $57,482. There are 44 employees and 19 volunteers at Georgia Eye Bank Inc.

Here are 19 key members and their salaries (Georgia Eye Bank Inc's CEO's salary is $254,528 and their total compensation is $301,571):

    Eric E Meinecke (Pres/Ceo/Trustee)
  • Compensation: $254,528
  • Related: $0
  • Other: $47,043

    • David A Thompson (Chief Fin Admin Ofcr)
  • Compensation: $173,962
  • Related: $0
  • Other: $35,070

    • Saira Quraishy (Dir, Tech Operations)
  • Compensation: $121,154
  • Related: $0
  • Other: $27,081

    • Susan Littlefield (Dir, Quality Sys/Reg)
  • Compensation: $109,423
  • Related: $0
  • Other: $25,237

    • Janice Sedgwick (Dir. Public & Prof R)
  • Compensation: $103,307
  • Related: $0
  • Other: $24,380

    • Jonathan M Stapleton (Dir. Communications)
  • Compensation: $100,154
  • Related: $0
  • Other: $23,891

    • Bruce H Varnum (Chair/Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bruce L Dick (Secretary/Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Russell G Thornton (Treasurer/Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Farish Wheeler (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Richard L Shackelford (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Terence G Norman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Vanessa-Lauren Massie (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • William Barry Lee Md (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • G Barry Lacy (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Matthew Hudgins (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joseph Guerrisi (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • R Doyle Stulting Md Phd (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Chris Glazier (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.georgiaeyebank.org

    Where can I find the form 990 for Georgia Eye Bank Inc?

    The Georgia Eye Bank Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.georgiaeyebank.org

    Learn more at the official website: www.georgiaeyebank.org

    Mission Statement of Georgia Eye Bank Inc

    Georgia Eye Bank Inc, in the battle against blindness and visual impairment, plays a significant role. It recovers, processes, and dispenses donor eye tissue for surgical procedures and research studies. In addition to this, the organization promotes and offers education related to eye donation. With stringent medical, ethical, and professional standards, Georgia Eye Bank Inc operates under the supervision of the U.S. Food & Drug Administration and is accredited by the Eye Bank Association of America. In 2022, the bank provided over 1,700 sight-restoring corneas for transplant, many of which were provided at reduced processing reimbursements or gratis, demonstrating its commitment to improving vision and combating vision loss.

    Impact

    This information is meant to be a general summary of Georgia Eye Bank Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    Georgia Eye Bank Inc's impact is significant in the fight against blindness and visual impairment. By recovering, processing, and providing donor eye tissue for transplant and research purposes, Georgia Eye Bank Inc has facilitated over 1,700 sight-restoring cornea transplants in 2022 alone. Many of these corneas were provided at reduced processing costs or entirely free of charge. Registered with the U.S. Food & Drug Administration and accredited by the Eye Bank Association of America, Georgia Eye Bank Inc operates under rigorous medical, ethical, and professional standards. Through its dedicated efforts, Georgia Eye Bank Inc not only restores vision but also promotes and educates the community about the importance of eye donation, making a significant impact on improving eye health and quality of life for many individuals.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $306,630
  • Program Service Revenue: $6,214,387
  • Gross Receipts: $8,049,365

    • Assets and Liabilities:
  • Total Assets: $19,854,081
  • Total Liabilities: $3,744,481
  • Net Assets: $16,109,600
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    PROCESSING FEES INCOME

    Revenue

    $6,100,525

    RESEARCH FEES

    Revenue

    $113,862

    Organization Details

    Founding Year

    1979

    Principal Officer

    Eric E Meinecke

    Main Address

    5605 GLENRIDGE DR STE 250, ATLANTA, GA, 30342

    NTEE Category

    Code: E65 - Health

    If you are a representative of Georgia Eye Bank Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.