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Nonprofiteer
← UNIVERSITY OPHTHALMOLOGY SERVICES INC

Form 990 for tax year 2025

Filed by UNIVERSITY OPHTHALMOLOGY SERVICES INC.

Totals

Total revenue
$11,360,063
Total expenses
$12,161,724
Contributions and grants received
$3,101
Grants paid
$0
Program service revenue
$10,697,134
Investment income
$13,080
Other revenue
$646,748
Total assets, end of year
$14,519,107
Total liabilities, end of year
$13,690,785
Net assets or fund balances, end of year
$828,322
Program services expenses (Part IX)
$9,317,347
Management and general expenses
$2,844,377
Fundraising expenses
$0
Program service expenses (Part III)
$9,317,347

Program services were 76.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $3,101

  • 2a · Program service revenue: FEES FOR SERVICE

    total $9,794,860 · related or exempt $9,794,860

  • 2b · Program service revenue: CONTRACT REVENUE

    total $622,936 · related or exempt $622,936

  • 2c · Program service revenue: GRADUATE MEDICAL EDUCATION REVENU

    total $278,807 · related or exempt $278,807

  • 2d · Program service revenue: MEDICAID SUPPLEMENT

    total $531 · related or exempt $531

  • 3 · Investment income

    total $16,935 · excluded $16,935

  • 7a · Gross sales of assets other than inventory

    securities $936,617

  • 7b · Less cost or other basis and sales expenses

    securities $939,027 · other assets $1,445

  • 7c · Gain or loss

    securities -$2,410 · other assets -$1,445

  • 7d · Net gain or loss

    total -$3,855 · excluded -$3,855

  • 11a · Other revenue: MISCELLANEOUS INCOME

    total $646,748 · related or exempt $646,748

  • 11e · Other revenue, total

    $646,748

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $790,997 · program services $632,798 · management and general $158,199

  • 7 · Other salaries and wages

    total $5,233,067 · program services $4,186,453 · management and general $1,046,614

  • 8 · Pension plan contributions

    total $122,124 · program services $97,699 · management and general $24,425

  • 9 · Other employee benefits

    total $125,498 · program services $100,398 · management and general $25,100

  • 10 · Payroll taxes

    total $618,405 · program services $494,724 · management and general $123,681

  • 11a · Fees: management

    total $66,144 · management and general $66,144

  • 11b · Fees: legal

    total $40,157 · management and general $40,157

  • 11c · Fees: accounting

    total $102,491 · management and general $102,491

  • 11g · Fees: other

    total $76,929 · management and general $76,929

  • 13 · Office expenses

    total $530,314 · program services $318,188 · management and general $212,126

  • 16 · Occupancy

    total $437,134 · program services $437,134

  • 19 · Conferences, conventions and meetings

    total $19,528 · program services $19,528

  • 20 · Interest

    total $633,799 · program services $95,494 · management and general $538,305

  • 22 · Depreciation, depletion and amortization

    total $635,953 · program services $508,762 · management and general $127,191

  • 23 · Insurance

    total $164,185 · program services $93,283 · management and general $70,902

  • 24a · Other expenses: CONTRACTUAL SERVICES

    total $978,935 · program services $783,148 · management and general $195,787

  • 24b · Other expenses: CLINICAL SUPPLIES AND F

    total $861,033 · program services $861,033

  • 24c · Other expenses: CHIEF ADMINISTRATIVE OF

    total $385,750 · program services $385,750

  • 24d · Other expenses: EQUIPMENT, REPAIRS AND

    total $132,779 · program services $132,779

  • 24e · All other expenses

    total $206,502 · program services $170,176 · management and general $36,326

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $280,025 · end of year $205,799

  • 2 · Savings and temporary cash investments

    beginning of year $125,000 · end of year $0

  • 4 · Accounts receivable

    beginning of year $1,081,593 · end of year $1,594,889

  • 8 · Inventories for sale or use

    beginning of year $53,368 · end of year $38,834

  • 9 · Prepaid expenses and deferred charges

    beginning of year $17,613 · end of year $28,021

  • 10a · Land, buildings and equipment: cost or other basis

    $19,411,836

  • 10b · Land, buildings and equipment: accumulated depreciation

    $10,226,911

  • 10c · Land, buildings and equipment, net

    beginning of year $9,769,036 · end of year $9,184,925

  • 12 · Investments: other securities

    beginning of year $1,397,637 · end of year $605,671

  • 15 · Other assets

    beginning of year $3,332,883 · end of year $2,860,968

  • 17 · Accounts payable and accrued expenses

    beginning of year $1,152,394 · end of year $1,284,909

  • 23 · Secured mortgages and notes payable

    beginning of year $11,174,222 · end of year $10,225,194

  • 25 · Other liabilities

    beginning of year $2,194,463 · end of year $2,180,682

  • 27 · Net assets without donor restrictions

    beginning of year $1,536,076 · end of year $828,322

Mission and programs · 2025

Mission

UNIVERSITY OPHTHALMOLOGY SERVICES, INC IS ORGANIZED EXCLUSIVELY FOR THE PURPOSE OF SUPPORTING THE EDUCATIONAL MISSION OF THE JACOBS SCHOOL OF MEDICINE AND BIOMEDICAL SCIENCES OF UNIVERSITY AT BUFFALO, STATE UNIVERSITY OF NEW YORK BY PROVIDING CLINICAL INSTRUCTION, SUPERVISION OF STUDENTS, INTERNS AND RESIDENTS AND INCIDENT THERETO, RENDERING PROFESSIONAL MEDICAL SERVICES.

Activities or mission (Part I)

UNIVERSITY OPHTHALMOLOGY, INC. IS ORGANIZED EXCLUSIVELY FOR THE PURPOSE OF SUPPORTING THE EDUCATIONAL MISSION OF THE JACOBS SCHOOL OF MEDICINE AND BIOMEDICAL SCIENCES OF UNIVERSITY AT BUFFALO, STATE UNIVERSITY OF NEW YORK BY PROVIDING CLINICAL INSTRUCTION, SUPERVISION OF STUDENTS, INTERNS, RESIDENTS AND OTHER OPHTHALMIC SERVICES.

  • SUPPORT THE EDUCATIONAL MISSION OF SUNY-BUFFALO JACOBS SCHOOL OF MEDICINE BY PROVIDING CLINICAL INSTRUCTION, SUPERVISION OF STUDENTS, INTERNS, RESIDENTS & INCIDENTAL PROFESSIONAL SERVICES.

    Expenses $9,317,347 · Revenue $11,343,882

As filed on the 2025 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • James D Reynolds MD

    PRESIDENT - THRU 12/31/25

    Total calculated
    $187,766
    From this org
    $182,297
    From related orgs
    $0
    Other
    $5,469
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $182,297
    Bonus
    $0
    Other
    $0
    Deferred
    $5,469
    Nontaxable benefits
    $0
    Filer's total
    $187,766

  • Sandra Sieminski MD

    VICE PRESIDENT

    Total calculated
    $261,163
    From this org
    $253,556
    From related orgs
    $0
    Other
    $7,607
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $253,556
    Bonus
    $0
    Other
    $0
    Deferred
    $7,607
    Nontaxable benefits
    $0
    Filer's total
    $261,163

  • Andrew Reynolds MD

    SECRETARY/TREASURER

    Total calculated
    $365,797
    From this org
    $355,143
    From related orgs
    $0
    Other
    $10,654
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $355,143
    Bonus
    $0
    Other
    $0
    Deferred
    $10,654
    Nontaxable benefits
    $0
    Filer's total
    $365,797

  • John Lillvis MD PhD

    PHYSICIAN

    Total calculated
    $307,842
    From this org
    $298,876
    From related orgs
    $0
    Other
    $8,966
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $298,876
    Bonus
    $0
    Other
    $0
    Deferred
    $8,966
    Nontaxable benefits
    $0
    Filer's total
    $307,842

  • Vaitheeswaran Lalguti MD

    PHYSICIAN

    Total calculated
    $444,216
    From this org
    $431,278
    From related orgs
    $0
    Other
    $12,938
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $431,278
    Bonus
    $0
    Other
    $0
    Deferred
    $12,938
    Nontaxable benefits
    $0
    Filer's total
    $444,216

  • Brian Madow MD PhD

    PHYSICIAN

    Total calculated
    $368,092
    From this org
    $357,371
    From related orgs
    $0
    Other
    $10,721
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $357,371
    Bonus
    $0
    Other
    $0
    Deferred
    $10,721
    Nontaxable benefits
    $0
    Filer's total
    $368,092

  • Sandra Everett MD

    PHYSICIAN

    Total calculated
    $261,163
    From this org
    $253,556
    From related orgs
    $0
    Other
    $7,607
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $253,556
    Bonus
    $0
    Other
    $0
    Deferred
    $7,607
    Nontaxable benefits
    $0
    Filer's total
    $261,163

  • Natasha Gautum MD

    PHYSICIAN

    Total calculated
    $246,569
    From this org
    $239,387
    From related orgs
    $0
    Other
    $7,182
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $239,387
    Bonus
    $0
    Other
    $0
    Deferred
    $7,182
    Nontaxable benefits
    $0
    Filer's total
    $246,569

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Written employment contract
  • 5a · Pay contingent on this organization's revenues
  • 6a · Pay contingent on this organization's net earnings

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5b · Pay contingent on a related organization's revenues
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 5
CERTAIN PHYSICIANS PAY IS CALCULATED BASED ON A PRODUCTIVITY MODEL.
PART I, LINE 6
CERTAIN PHYSICIANS PAY IS CALCULATED BASED ON A PRODUCTIVITY MODEL.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

  • 235 WINDWARD ROAD LLC

    PROVIDES LEASED SPACE · NY · income $876,000 · assets $8,636,411

    Directly controlled by UNIVERSITY OPHTHALMOLOGY SERVICES INC

Provenance

Return type
form_990
Tax year
2025
Filed
21 July 2026
IRS schema version
2025v4.2
Source object
202642029349301479

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