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New York BBB Wise Giving Report for
VISIONS/ Services for the Blind & Visually Impaired

A BBB Accredited charity

 



Expiration Date:
07/2015
Name:
VISIONS/Services for the Blind & Visually Impaired
Formerly known as:
VISIONS
Address:
500 Greenwich Street
3rd Floor
New York, NY 10013
Phone:
212-625-1616
Year, State Incorporated:
1926, New York
Affiliates:
None
Stated Purpose:
" VISIONS/Services for the Blind and Visually Impaired is a nonprofit rehabilitation and social service organization whose purpose is to develop and implement programs to assist people of all ages who are blind or visually impaired to lead independent and active lives in their homes and communities, and educate the public to understand the capabilities and needs of people who are blind or visually impaired so that they may be integrated into all aspects of community life. "





Evaluation Conclusions
 

              
VISIONS/Services for the Blind & Visually Impaired meets the 20 Standards for Charity Accountability.




Programs
 

              
VISIONS fulfills its purpose by providing individualized rehabilitation training at home or in the community, social services, employment training and job development, and group and community education and activities. VISIONS programs focus on low income individuals in the Greater New York Area who are blind or visually impaired, including those with multiple disabilities, elders, limited-English speakers and culturally diverse consumers.



Governance
 

              
Chief Executive Officer:
Nancy D. Miller, Executive Director/CEO
Compensation*:
$271,190
Chair of the Board:
Nancy T. Jones
Chair's Profession / Business Affiliation:
Retired
Board Size:
24
Paid Staff Size:
74



*Compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.




Fund Raising
 

              
Method(s) Used:


Direct mail appeals, invitations to fund raising events, print advertisements (newspapers, magazines, etc.), grant proposals, internet, planned giving arrangements, flyers, brochures, annual reports
Fund raising costs were 8.5% of related contributions. (Related contributions, which totaled $3,145,205, are donations received as a result of fund raising activities.)




Tax Status
 

              
This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.




Financial
 

              
The following information is based on VISIONS/Services for the Blind's Audited Financial Statements for the fiscal year ended September 30, 2012.

Source of Funds  

Net realized and unrealized gains (losses) on investments

$8,621,085

Interest and dividends

2,631,363

Government support

2,347,473

Contributions and bequests

615,369

Gain (loss) on beneficial interest in perpetual trusts

363,137

VCB rentals

129,632

Community events, Less direct expenses of community events

89,062

Special events, Less direct expenses of special events

58,535

VCB contributions

34,766

Miscellaneous revenues

30,111

Total Income

$14,920,533

Program Expenses  

Community services

$3,164,207

VCB

1,119,386

Selis Manor

1,067,261
Total Program Expenses:
Fund Raising Expenses
Administrative Expenses

Total expenses

Income in Excess of Expenses

5,350,854
267,908
528,673

$6,147,435

$8,773,098




Uses of Funds as a % of Total Expenses


Programs: 87%  Fund Raising: 4%  Administrative 9% 
Roll the cursor over the pie chart to see the dollar amounts.


Beginning net assets $66,987,096
Ending net assets 75,760,194
Total liabilities 411,227

Total assets

$76,171,421






 

A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. The name Better Business Bureau is a registered service mark of the Council of Better Business Bureaus, Inc.

This report is not to be used for fundraising or promotional purposes and may not be reproduced or distributed in whole or in part.