VISION BENEFITS OF AMERICA INC Charity Report

Public IRS 990 nonprofit record

VISION BENEFITS OF AMERICA INC

EIN 25-1149206 · Health (General & Financing) (E80)

What they do

VISION BENEFITS of AMERICA FOSTERS THE CONSERVATION of HUMAN EYESIGHT BY MAKING AVAILABLE A HIGHLY SPECIALIZED VISION SERVICE PLAN for THE AID, COMFORT and RELIEF of HUMAN VISION PROBLEMS, and PROVIDES A PREPAYMENT PLAN WHEREBY INDIVIDUALS or GROUPS MAY OBTAIN VISION SERVICES and CORRECTIVE LENSES and FRAMES FROM LICENSED and QUALIFIED HEALTH SERVICES DOCTORS AT SIGNIFICANTLY REDUCED PRICES. VISION BENEFITS of AMERICA is REGULATED BY THE PENNSYLVANIA INSURANCE DEPARTMENT. NO PORTION of THE INCOME, AFTER EXPENSES, INURES to THE BENEFIT of ANY MEMBER or INDIVIDUAL or for ANY OTHER PURPOSE.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $88.40 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders17 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

86.60%of revenue went to mission work88.4% of expenses · Program services

$97.93spent for every $100 of revenueRevenue covered expenses this year.

11.34%of revenue went to management and office costs11.6% of expenses

$1.77in assets for every $1 spent this yearSome assets cannot be spent right away.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $459,965 for JEFF A HOLLOWOOD (PRESIDENT/DIRECTOR). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$38,064,682

Mission workProgram services$32,962,87786.60% of revenue88.4% of expenses

ManagementOffice and general costs$4,314,68211.34% of revenue11.6% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Revenue left after expensesReported annual surplus$787,1232.07% of revenueShown in gray on the chart

Total expenses$37,277,55997.93% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 88.4% mission · 11.6% management · 0.0% fundraisingTotal expenses: 97.93% of revenue

2023Expense mix: 85.8% mission · 14.2% management · 0.0% fundraisingTotal expenses: 103.26% of revenue

2022Expense mix: 89.1% mission · 10.9% management · 0.0% fundraisingTotal expenses: 99.91% of revenue

2021Expense mix: 88.9% mission · 11.1% management · 0.0% fundraisingTotal expenses: 90.76% of revenue

2020Expense mix: 85.6% mission · 14.4% management · 0.0% fundraisingTotal expenses: 87.73% of revenue

2019Expense mix: 87.6% mission · 12.4% management · 0.0% fundraisingTotal expenses: 96.38% of revenue

2018Expense mix: 87.4% mission · 12.6% management · 0.0% fundraisingTotal expenses: 94.97% of revenue

2017Expense mix: 86.8% mission · 13.2% management · 0.0% fundraisingTotal expenses: 101.16% of revenue

Money in and money out

Revenue$38,064,682

Expenses$37,277,559

Annual surplus $787,123 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$32,962,877 · 88.4% of expenses

Management and office costs$4,314,682 · 11.6% of expenses

See all reported dollar amounts

Revenue$38,064,682

Expenses$37,277,559

Assets$66,046,144

Income$50,353,261

Mission work (program services)$32,962,877

Grants given$1,331,000

Average grant$166,375

Management and general$4,314,682

Stocks and bonds$44,920,234

Accounting fees$133,800

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

JEFF A HOLLOWOODPRESIDENT/DIRECTOR · 40 hrs/week $459,965Base $413,168 · Other $46,797

AARON R RISDENCHIEF FINANCIAL OFFICER/TREASURER · 40 hrs/week $258,928Base $210,926 · Other $48,002

JESSICA R TURCOTTECHIEF OPERATING OFFICER · 40 hrs/week $233,940Base $218,233 · Other $15,707

CHAD M CYGNAROWICZDIRECTOR OF BUSINESS DEVELOPMENT · 40 hrs/week $220,673Base $191,435 · Other $29,238

MATTHEW M CUOMOVICE PRESIDENT SALES · 40 hrs/week $191,918Base $179,935 · Other $11,983

SEAN M MASONVICE PRESIDENT SOFTWARE ENGINEERING · 40 hrs/week $191,039Base $176,223 · Other $14,816

CHRISTOPHER J CRAMPSENIOR ACCOUNT EXECUTIVE · 40 hrs/week $177,552Base $162,772 · Other $14,780

CARRIE A KADUNCEACCOUNT EXECUTIVE · 40 hrs/week $172,560Base $154,154 · Other $18,406

MARCUS M DEVLIN ODCHAIR · 1 hrs/week $20,750

KRISTIN A OCONNORSECRETARY/DIRECTOR · 1 hrs/week $17,952

AKOS NAGYDIRECTOR · 1 hrs/week $17,867

STEPHEN R HOLLOWAY ODVICE CHAIR · 1 hrs/week $16,296

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (17)

JEFF A HOLLOWOODPRESIDENT/DIRECTOR

AARON R RISDENCHIEF FINANCIAL OFFICER/TREASURER

JESSICA R TURCOTTECHIEF OPERATING OFFICER

CHAD M CYGNAROWICZDIRECTOR OF BUSINESS DEVELOPMENT

MATTHEW M CUOMOVICE PRESIDENT SALES

SEAN M MASONVICE PRESIDENT SOFTWARE ENGINEERING

CHRISTOPHER J CRAMPSENIOR ACCOUNT EXECUTIVE

CARRIE A KADUNCEACCOUNT EXECUTIVE

MARCUS M DEVLIN ODCHAIR

KRISTIN A OCONNORSECRETARY/DIRECTOR

AKOS NAGYDIRECTOR

STEPHEN R HOLLOWAY ODVICE CHAIR

SUSAN M OVERTONDIRECTOR

BROCK M SNYDERDIRECTOR

DAVID J TINTERADIRECTOR

CHRISTINE WELD ODDIRECTOR (TERM BEGAN 03/2024)

ANDREW L LEITZEL ODFORMER CHAIR (TERM ENDED 03/2024)

About this charity

Recognized since: January 1980
Location: 400 LYDIA ST STE 300, CARNEGIE, PA 15106-2792
County: Allegheny
In care of: % AARON R RISDEN CPA
Primary officer: AARON R RISDEN CPA, TREASURER

How to reach them

WebsiteVisit the charity’s website Phone(412) 881-4900

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: FORVIS MAZARS LLP
NTEE classification: Health (General & Financing) (E80)
IRS tax category: Health (General & Financing)
Grant-giving organization: Yes