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Nonprofiteer
← WILLS EYE OPHTHALMOLOGY CLINIC INC

Form 990 for tax year 2022

Filed by WILLS EYE OPHTHALMOLOGY CLINIC INC.

Totals

Total revenue
$31,394,262
Total expenses
$38,819,373
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$30,391,723
Investment income
$0
Other revenue
$1,002,539
Total assets, end of year
$6,748,089
Total liabilities, end of year
$14,059,431
Net assets or fund balances, end of year
-$7,311,342
Program services expenses (Part IX)
$34,104,560
Management and general expenses
$4,714,813
Fundraising expenses
$0
Program service expenses (Part III)
$34,104,560

Program services were 87.9% 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.

  • 2a · Program service revenue: NET PATIENT REVENUE

    total $28,546,660 · related or exempt $28,546,660

  • 2b · Program service revenue: OPTICAL SHOP ONE

    total $514,367 · related or exempt $514,367

  • 2c · Program service revenue: OPTICAL SHOP TWO

    total $473,294 · unrelated business $473,294

  • 2d · Program service revenue: OUTSIDE PRACTICE INCOM

    total $437,199 · related or exempt $437,199

  • 2e · Program service revenue: TJUH REVENUE

    total $329,688 · related or exempt $329,688

  • 2f · All other program service revenue

    total $90,515 · related or exempt $90,515

  • 11a · Other revenue: CONTACT LENSE SALES

    total $407,226 · related or exempt $407,226

  • 11b · Other revenue: COMP REMUN INCOME

    total $342,602 · related or exempt $342,602

  • 11c · Other revenue: MEDICAL RECORD INCOME

    total $34,346 · related or exempt $34,346

  • 11d · All other revenue

    total $218,365 · related or exempt $218,365

  • 11e · Other revenue, total

    $1,002,539

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $2,681,222 · program services $2,344,978 · management and general $336,244

  • 7 · Other salaries and wages

    total $19,021,688 · program services $16,214,783 · management and general $2,806,905

  • 8 · Pension plan contributions

    total $305,000 · program services $255,308 · management and general $49,692

  • 9 · Other employee benefits

    total $2,483,177 · program services $2,078,611 · management and general $404,566

  • 10 · Payroll taxes

    total $1,263,141 · program services $1,057,346 · management and general $205,795

  • 11c · Fees: accounting

    total $8,592 · program services $7,905 · management and general $687

  • 11g · Fees: other

    total $668,356 · program services $611,441 · management and general $56,915

  • 12 · Advertising and promotion

    total $63,300 · program services $58,236 · management and general $5,064

  • 13 · Office expenses

    total $1,192,593 · program services $1,067,747 · management and general $124,846

  • 14 · Information technology

    total $162,474 · program services $149,476 · management and general $12,998

  • 16 · Occupancy

    total $2,094,578 · program services $1,791,662 · management and general $302,916

  • 17 · Travel

    total $153,287 · program services $140,668 · management and general $12,619

  • 19 · Conferences, conventions and meetings

    total $49,905 · program services $46,108 · management and general $3,797

  • 22 · Depreciation, depletion and amortization

    total $81,108 · program services $81,108

  • 23 · Insurance

    total $1,243,437 · program services $1,143,962 · management and general $99,475

  • 24a · Other expenses: PATIENT CARE COSTS

    total $4,683,581 · program services $4,429,429 · management and general $254,152

  • 24b · Other expenses: BAD DEBT

    total $2,247,784 · program services $2,247,784

  • 24c · Other expenses: REPAIRS & MAINTENANCE

    total $378,440 · program services $344,015 · management and general $34,425

  • 24d · Other expenses: LICENSES AND GEN TAX

    total $37,710 · program services $33,993 · management and general $3,717

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $239,215 · end of year $161,178

  • 4 · Accounts receivable

    beginning of year $2,991,378 · end of year $4,315,363

  • 8 · Inventories for sale or use

    beginning of year $320,374 · end of year $222,661

  • 9 · Prepaid expenses and deferred charges

    beginning of year $95,879 · end of year $94,000

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

    $1,095,545

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

    $741,721

  • 10c · Land, buildings and equipment, net

    beginning of year $434,931 · end of year $353,824

  • 15 · Other assets

    beginning of year $2,481,875 · end of year $1,601,063

  • 17 · Accounts payable and accrued expenses

    beginning of year $6,915,762 · end of year $6,614,769

  • 19 · Deferred revenue

    beginning of year $151,978 · end of year $151,978

  • 25 · Other liabilities

    beginning of year $5,300,930 · end of year $7,292,684

  • 27 · Net assets without donor restrictions

    beginning of year -$5,805,018 · end of year -$7,311,342

Mission and programs · 2022

Mission

HEALTH CARE PROVIDER

Activities or mission (Part I)

HEALTH CARE PROVIDER, EMERGENCY ROOM PHYSICIANS AND EDUCATIONAL TRAINING SITE.

  • PROVIDE HEALTHCARE CLINIC AND EMERGENCY ROOM SERVICES TO INDIVIDUALS ON AN OUTPATIENT BASIS. TOTAL VISITS WERE 119,415, TOTAL PROCEDURES/DIAGNOSTIC TESTING WERE 89,563 AND EMERGENCY ROOM VISITS WERE 15,287 .EDUCATION AND CLINICAL ROTATION FOR RESIDENTS AND MEDICAL STUDENTS FROM THE THOMAS JEFFERSON UNIVERSITY.

    Expenses $34,104,560 · Revenue $30,920,968

As filed on the 2022 return.

Listed in Part VII

  • Joseph P Bilson

    PRESIDENT & DIRECTOR

    Total calculated
    $657,595
    From this org
    $0
    From related orgs
    $549,030
    Other
    $108,565
    Hours/week
    6 + 34 related

    Schedule J breakdown matched by us

    Base
    $0 + $404,030 related
    Bonus
    $0 + $70,000 related
    Other
    $0 + $75,000 related
    Deferred
    $0 + $8,844 related
    Nontaxable benefits
    $0 + $99,721 related
    Filer's total
    $0 + $657,595 related

  • Dr Julia Haller

    VICE PRESIDENT

    Total calculated
    $1,510,894
    From this org
    $0
    From related orgs
    $1,423,235
    Other
    $87,659
    Hours/week
    12 + 28 related

    Schedule J breakdown matched by us

    Base
    $0 + $1,213,235 related
    Bonus
    $0 + $135,000 related
    Other
    $0 + $75,000 related
    Deferred
    $0 + $22,927 related
    Nontaxable benefits
    $0 + $64,732 related
    Filer's total
    $0 + $1,510,894 related

  • Michael Allen

    SECRETARY

    Total calculated
    $440,013
    From this org
    $0
    From related orgs
    $407,758
    Other
    $32,255
    Hours/week
    4 + 36 related

    Schedule J breakdown matched by us

    Base
    $0 + $341,444 related
    Bonus
    $0 + $33,157 related
    Other
    $0 + $33,157 related
    Deferred
    $0
    Nontaxable benefits
    $0 + $32,255 related
    Filer's total
    $0 + $440,013 related

  • Shelley D Johnson

    TREASURER

    Total calculated
    $253,753
    From this org
    $0
    From related orgs
    $242,942
    Other
    $10,811
    Hours/week
    5 + 35 related

    Schedule J breakdown matched by us

    Base
    $0 + $209,442 related
    Bonus
    $0 + $18,500 related
    Other
    $0 + $15,000 related
    Deferred
    $0
    Nontaxable benefits
    $0 + $10,811 related
    Filer's total
    $0 + $253,753 related

  • Dr Jonathan Myers

    PHYSICIAN

    Total calculated
    $573,409
    From this org
    $521,729
    From related orgs
    $0
    Other
    $51,680
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $425,006
    Bonus
    $96,723
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $51,680
    Filer's total
    $573,409

  • Dr Douglas Wisner

    PHYSICIAN

    Total calculated
    $600,847
    From this org
    $452,959
    From related orgs
    $0
    Other
    $147,888
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $280,099
    Bonus
    $172,860
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $147,888
    Filer's total
    $600,847

  • Dr Robert Sergott

    PHYSICIAN

    Total calculated
    $508,142
    From this org
    $474,341
    From related orgs
    $0
    Other
    $33,801
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $371,509
    Bonus
    $102,832
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $33,801
    Filer's total
    $508,142

  • Dr Christopher Rapuano

    PHYSICIAN

    Total calculated
    $494,528
    From this org
    $447,337
    From related orgs
    $0
    Other
    $47,191
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $327,000
    Bonus
    $120,337
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $47,191
    Filer's total
    $494,528

  • Gina M Pino

    EXECUTIVE DIRECTOR

    Total calculated
    $257,548
    From this org
    $254,271
    From related orgs
    $0
    Other
    $3,277
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $229,271
    Bonus
    $25,000
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $3,277
    Filer's total
    $257,548

  • Dr Kammi Gunton

    PHYSICIAN

    Total calculated
    $272,888
    From this org
    $257,599
    From related orgs
    $0
    Other
    $15,289
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $218,682
    Bonus
    $38,917
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $15,289
    Filer's total
    $272,888

  • Dr Jurji Bilyk

    PHYSICIAN

    Total calculated
    $690,426
    From this org
    $627,104
    From related orgs
    $0
    Other
    $63,322
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $379,995
    Bonus
    $247,109
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $63,322
    Filer's total
    $690,426

  • Dr Beeran Meghpara

    PHYSICIAN

    Total calculated
    $642,250
    From this org
    $606,268
    From related orgs
    $0
    Other
    $35,982
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $320,000
    Bonus
    $286,268
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $35,982
    Filer's total
    $642,250

  • Dr Syed Zeba

    PHYSICIAN

    Total calculated
    $499,857
    From this org
    $485,291
    From related orgs
    $0
    Other
    $14,566
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $200,000
    Bonus
    $285,291
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $14,566
    Filer's total
    $499,857

  • Dr Reza Razeghinejad

    PHYSICIAN

    Total calculated
    $500,418
    From this org
    $457,355
    From related orgs
    $0
    Other
    $43,063
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $220,000
    Bonus
    $237,355
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $43,063
    Filer's total
    $500,418

  • Dr Daniel Lee

    PHYSICIAN

    Total calculated
    $493,281
    From this org
    $482,407
    From related orgs
    $0
    Other
    $10,874
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $288,630
    Bonus
    $193,777
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $10,874
    Filer's total
    $493,281

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

  • 7 · Other non-fixed payments

Answered no

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

The filer's explanations (Part III)

PART I, LINE 3
THE ORGANIZATION RELIES ON THE COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS OF THE CITY TRUSTS, WHICH ADMINISTERS THE WILLS EYE HOSPITAL, A RELATED ORGANIZATION, TO ANNUALLY REVIEW AND APPROVE THE COMPENSATION OF THE CEO. THIS ORGANIZATION DOES NOT PAY ITS CEO; THE COMPENSATION IS PAID BY WILLS EYE HOSPITAL.
PART I, LINE 7
BONUSES ARE PERFORMANCE BASED PER INDIVIDUAL CONTRACTS. PHYSICIANS RECIEVE INCENTIVE PAYMENTS BASED ON THEIR VOLUME OF CLINICAL CASES.
FORM 990, SCHEDULE J:
COMPENSATION FROM RELATED ORGANIZATIONS THE HIGHEST COMPENSATED EMPLOYEES ON FORM 990, PART VII AND SCHEDULE J WHO ARE LISTED AS RECEIVING COMPENSATION FROM RELATED ORGANIZATIONS CHARGE A PORTION OF THEIR TIME TO WILLS EYE OPHTHALMOLOGY. THE TIME CHARGED IS INCLUDED IN FORM 990, PART IX, STATEMENT OF FUNCTIONAL EXPENSES AND IS REIMBURSED BY WILLS EYE OPHTHALMOLOGY TO THE RELATED ORGANIZATION (WILLS EYE HOSPITAL).

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.

  • WILLS EYE OPTICAL ONE LLC

    RETAIL · PA · income $514,767 · assets $7,339

    Directly controlled by WEOC

  • WILLS EYE OPTICAL TWO LLC

    RETAIL · PA · income $474,409 · assets $620,572

    Directly controlled by WEOC

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

  • PLYMOUTH MEETING ASC LLC

    N/A · AMBULATORY SURGER · PA

  • CHERRY HILL ASC LLC

    N/A · AMBULATORY SURGER · NJ

  • COTTMAN ASC LLC

    N/A · AMBULATORY SURGER · PA

  • STADIUM CAMPUS ASC LLC

    N/A · AMBULATORY SURGER · PA

  • WARMINSTER ASC LLC

    N/A · AMBULATORY SURGER · PA

  • WILLS EYE SURG NETWORK LLC

    N/A · MGMT SERVICES · PA

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • AASOP INC

    C · PHYSICIAN PRACTICE · PA

Provenance

Return type
form_990
Tax year
2022
Filed
24 July 2024
IRS schema version
2022v5.0
Source object
202432079349301443

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