Public Charity

LIONS MEDICAL EYE BANK & RESEARCH CENTER OF EASTERN VIRGINIA INC

LIONS MEDICAL EYE BANK & RESEARCH CENTER OF EASTERN VIRGINIA INC is a Public Charity headquartered in NORFOLK, VA. Financial data from the 2025 filing: $2.7M revenue, $2.7M expenses, $3.2M total assets. 4 publicly reported grants to this organization, totaling roughly $56K, appear in IRS filings.

EIN: 541116569 NORFOLK, VA Eye Diseases, Blindness & Vision Impairments NTEE: G41 Latest filing: 2025
Total Revenue$2.7M
Total Expenses$2.7M
Total Assets$3.2M
Grant Records4
Funding Total$56K
Filing Years2021–2025

Mission

THE LIONS MEDICAL EYE BANK & RESEARCH CENTER OF EASTERN VIRGINIA PROVIDES PEOPLE THE OPPORTUNITY TO DONATE OCULAR TISSUE, HEALTH CARE PROFESSIONALS THE MEANS TO END BLINDNESS AND PATIENTS THE HOPE OF CLEARLY SEEING FORM, COLOR AND MOTION.

Where $100 goes at Lions Medical Eye Bank & Research Center of Eastern Virginia Inc

How Lions Medical Eye Bank & Research Center of Eastern Virginia Inc divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$76 Programs the work itself
$24 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $76 for programs

$68
The purpose of the organization is to provide safe, quality ocular tissue to health care professionals for restoration of sight through transplantation and research
90% of program spending
$8
The organization promotes ocular tissue donation through public and professional education
10% of program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

DIRECTOR Barbara Senecal
DIRECTOR Bob Larmore
MEDICAL DIR Bruce Bodner Md
DIRECTOR Chester P Kramer
CEO David Korroch
DIRECTOR Debbie Ivey

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$56,000 4 grants

Financial Trends

Year Revenue Expenses Assets
2025 $2.7M $2.7M $3.2M
2024 $2.7M $2.5M $3.1M
2023 $2.6M $2.6M $3.0M
2022 $2.4M $2.6M $2.9M
2021 $2.4M $2.1M $3.5M

Between 2021 and 2025, reported annual revenue grew from $2.4M to $2.7M (+12%), with total assets most recently reported at $3.2M.

Interactive year-over-year charts and full filing details available with membership.

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