You are now searching

   

New York BBB Wise Giving Report for
Lighthouse Guild

A BBB Accredited charity

 



Expiration Date:
02/2017
Name:
Lighthouse Guild
Formerly known as:
The Jewish Guild for the Blind
Address:
15 West 65th Street
New York, NY 10023
Phone:
800-284-4422
Year, State Incorporated:
1916, New York
Affiliates:
Lighthouse International, GuildNet, JGB Health Facilities Corp., JGB Rehabilitation Corporation, JGB Education Services, JGB Mental Heatlh and Mental Retardation Services, Inc., National Association of Parents of Children with Visual Impairments, Inc., Greater Boston Diabetes Society, Inc., Greater Boston Guild for the Blind, Inc., Jewish Guild for the Blind
Stated Purpose:
" Lighthouse Guild is the leading not-for-profit + healthcare organization, with a long-standing heritage of addressing the needs of people who are blind or visually impaired as well as those with multiple disabilities or chronic medical conditions. Through the integration of vision + healthcare services and the expansion of access through education and community outreach, our innovative and comprehensive approach helps people achieve and maintain the highest possible level of function and independence. "





Evaluation Conclusions
 

              
Lighthouse Guild meets the 20 Standards for Charity Accountability.




Programs
 

              
Our Vision Rehabilitation services help people regain function and maximize their usable vision to remain safe, independent and active at any stage of life. Behavioral Health services help people with vision loss and their families address the concerns and anxiety often experienced when losing vision. Our integrated and coordinated Medical Services include cardiology, diabetes care and endocrinology, mental health and psychiatry, nephrology, neurology, occupational therapy, optometry, physical therapy, podiatry and primary care. GuildNet Heath Plans provide managed long-term care services for more than 16,000 people 18 and older with chronic medical conditions to help them live safely at home. Adult Day Services help individuals maintain their physical and mental health and their independence through our adult day health care, developmental disabilities day treatment and mental health day treatment programs. Our Education Programs improve lives through highly specialized schools, including a preschool, a school for students with multiple disabilities and the only community music school in the U.S. for people with vision loss - as well as support for parents of children with visual impairments, and scholarships for legally blind students. Our Training Programs promote improved care and well being for people who are blind and visually impaired as well as those at risk. Our Advocacy builds support for appropriate legislative responses to issues that affect people with vision loss. We recognize and reward Research in vision science that leads to vision care breakthroughs.



Governance
 

              
Chief Executive Officer:
Dr. Alan R. Morse, JD, PhD, President and Chief Executive Officer
Compensation*:
$1,355,839
Chair of the Board:
Mr. James Dubin
Chair's Profession / Business Affiliation:
Madison Place Partners, LLC and Senior Advisor to Conair Corp
Board Size:
40
Paid Staff Size:
846



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




Fund Raising
 

              
Method(s) Used:


Direct mail appeals, print advertisements (newspapers, magazines, etc.), grant proposals, planned giving arrangements, special event materials
Fund raising costs were .2% of related contributions. (Related contributions, which totaled $681,373,000, 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 Lighthouse Guild's Audited Financial Statements for the fiscal year ended December 31, 2013.

Source of Funds  

Program Fees

$677,034,000

Net realized and unrealized gain on investments

23,245,000

Patient Service Revenues

13,446,000

Adjustment to reflect funded status on balance sheet of pension and postretirement medical benefits

7,013,000

Interest and dividend income

4,456,000

Legacies and bequests

2,386,000

Contributions and grants

1,584,000

Prior years' IBNR adjustments

1,144,000

Rentals, grants, and other revenue

772,000

Workers compensation - insurance refund

558,000

Special events

369,000

Change in value of beneficial interest in trust

54,000

Recovery of bad debt

20,000

Miscellaneous income - sale of rooftop easement

Loss on sale/disposal of fixed assets

(1,000)

Acquisition of NAPVI, Inc.

(38,000)

Provision for bad debts

(65,000)

Less direct costs of special events

(134,000)

Change in value of annuity obligations

(179,000)

Merger costs

(1,709,000)


Total Income

$729,955,000

Program Expenses  

Managed care

$586,161,000

Adult day health care

11,150,000

Behavioral health

5,586,000

Clinical and rehabilitation

4,723,000

Education

3,657,000

Other programs

2,552,000
Total Program Expenses:
Fund Raising Expenses
Administrative Expenses
Other Expenses

Total expenses

Income in Excess of Expenses

613,829,000
1,282,000
48,636,000
794,000

$664,541,000

$65,414,000




Uses of Funds as a % of Total Expenses


Programs: 92%  Fund Raising: %  Administrative 7%  Other Expenses: %
Roll the cursor over the pie chart to see the dollar amounts.


Beginning net assets $222,030,000
Ending net assets 287,444,000
Total liabilities 139,420,000

Total assets

$426,864,000






 

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.