2017-11-07T13:37:09-06:00 2016-12-31 263753134 CBIZ TOFIAS 500 BOYLSTON STREET BOSTON MA 02116 990 2016-01-01 043150037 THE BOSTON FOUNDATION FOR SIGHT INC BOST 7817267337 464 HILLSIDE AVENUE NO 205 NEEDHAM MA 02494 SARA A YOST TREASURER/CLERK 7817267337 2017-11-02 1 CRAIG KLEIN P00734640 6177610600 207.172.72.163 2017-11-02 08:26:25 ED P 102C1995D04F643618E9EB8F2AEF5D32C98268A5 B0824711EFFAC56D49F0A654FCE22BDFF284F515 2016 2018-03-14 21:41:22Z BOSTONSIGHT GENE GUSELLI 464 HILLSIDE AVENUE NO 205 NEEDHAM MA 02494 5641557 0 X WWW.BOSTONSIGHT.ORG X 1992 MA TO IMPROVE THE QUALITY OF LIFE FOR PATIENTS AND FAMILIES BY TRANSFORMING THE UNDERSTANDING, TREATMENT AND CARE OF COMPLEX CORNEAL DISEASE. WE ACHIEVED THIS THROUGH FIVE KEY STRATEGIES: PUBLIC AND PROFESSIONAL EDUCATION; CLINICAL RESEARCH; PATIENT ENGAGEMENT AND EMPOWERMENT; SPECIALIZED MEDICAL TREATMENT; AND TECHNICAL INNOVATION. 12 11 46 11 0 0 393538 262729 5044560 5282459 -21188 7817 158308 88552 5575218 5641557 8750 18200 0 0 3779934 3666574 0 0 210338 1908441 2285148 5697125 5969922 -121907 -328365 4501116 4405412 384476 617137 4116640 3788275 X OUR MISSION IS TO IMPROVE QUALITY OF LIFE BY TRANSFORMING THE UNDERSTANDING, TREATMENT, AND CARE OF THE OCULAR SURFACE. 0 0 4590868 18200 5371011 BOSTON FOUNDATION FOR SIGHT D/B/A BOSTONSIGHT IS A WORLD RENOWNED NONPROFIT EYE HEALTH CARE ORGANIZATION. OUR MISSION IS TO IMPROVE QUALITY OF LIFE BY TRANSFORMING THE UNDERSTANDING, TREATMENT, AND CARE OF THE OCULAR SURFACE. SINCE 1992 WE HAVE RESTORED SIGHT TO THOUSANDS OF PATIENTS FROM AROUND THE WORLD. PROSTHETIC REPLACEMENT OF THE OCULAR SURFACE ECOSYSTEM (PROSE) IS AN INTEGRATED AND ITERATIVE TREATMENT PIONEERED BY BOSTONSIGHT THAT RESTORES VISUAL FUNCTION, SUPPORTS HEALING, REDUCES SYMPTOMS AND IMPROVES QUALITY OF LIFE FOR PATIENTS SUFFERING WITH COMPLEX CORNEAL DISEASE. BOSTONSIGHT (REGISTERED TRADEMARK) PROSE USES FDA APPROVED (1994) CUSTOM DESIGNED AND FABRICATED PROSTHETIC DEVICES TO REPLACE OR SUPPORT IMPAIRED OCULAR SURFACE SYSTEM FUNCTIONS.OUR NEEDHAM, MA CENTER OF EXCELLENCE INCLUDES A PROSE CLINIC, A RESEARCH CENTER, A STATE-OF-THE-ART MANUFACTURING LAB AND A PATIENT AND FAMILY SUPPORT CENTER. COMPASSIONATE CARE IS AT THE HEART OF OUR APPROACH TO MEDICINE. ADDITIONAL SERVICES RELATING TO OCULAR SURFACE DISEASE INCLUDE PUBLIC AND PROFESSIONAL EDUCATION; CLINICAL RESEARCH; PATIENT ENGAGEMENT AND EMPOWERMENT; AND TECHNICAL INNOVATION. THE BOSTONSIGHT NETWORK PROVIDED PROSE TREATMENT TO 1,299 PATIENTS IN 2016 AND OVER 8,000 PATIENTS IN THE LAST DECADE. 4590868 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 18 0 1 46 1 0 0 0 0 0 0 0 0 0 0 X 12 11 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 MA X SARA YOST 7817267337 464 HILLSIDE AVENUE SUITE 205 NEEDHAM MA 02494 MR GARY FENTIN DIRECTOR 0.50 X 0 0 0 MR ANDREW HIRSCH DIRECTOR 0.50 X 0 0 0 MRS BEVERLY JOHNSTON DIRECTOR 0.50 X 0 0 0 MR GARY KNAAK DIRECTOR 0.50 X 0 0 0 DR BARBARA MCNEIL DIRECTOR 0.50 X 0 0 0 DR MICHAEL RAIZMAN DIRECTOR 0.50 X 0 0 0 DR CLIFFORD SCOTT DIRECTOR 0.50 X 0 0 0 MRS KATHLEEN WEINGARTEN DIRECTOR 0.50 X 0 0 0 MR MARK EALEY DIRECTOR 0.50 X 0 0 0 MR MIKE KANE DIRECTOR 0.50 X 0 0 0 MS PAMELA J ANDERSON DIRECTOR 0.50 X 0 0 0 EUGENE A BONTE PRESIDENT/DIRECTOR 40.00 X X 97027 0 9888 GENE GUSELLI PRESIDENT/DIRECTOR 40.00 X X 203325 0 19053 SARA YOST TREASURER/CLERK 40.00 X 137392 0 29566 DR DEBORAH JACOBS MEDICAL DIRECTOR 40.00 X 223782 0 11132 CARMEN ADDARIO CHIEF OPERATING OFFICER 40.00 X 170000 0 24701 DR KAREN CARRASQUILLO DIRECTOR OF CLINICAL CARE 40.00 X 166593 0 9117 ILENE KNOPPING DIR., BOSTONSIGHT NETWORK 32.00 X 137116 0 27242 DR ALAN KWOK OPTOMOTRIST 40.00 X 123034 0 29004 DR CRYSTAL REMINGTON OPTOMOTRIST 40.00 X 114593 0 22090 KLIMENTY LEVIN SOFTWARE ENGINEER 40.00 X 128862 0 1124 1501724 0 182917 12 0 1 0 HEALTH4BRANDS (PART OF HAVAS HEALTH INC 10 SUMMER ST 5TH FLR BOSTON MA 02110 MARKET RESEARCH/MARKETING 109935 RSM US LLP 80 CITY SQUARE BOSTON MA 02129 IT CONSULTING 100230 2 262729 262729 PATIENT SERVICES, NET 621110 2750639 2750639 NETWORK CLINIC REVENUE 621110 2531820 2531820 5282459 4972 4972 2845 0 2845 2845 2845 OTHER REVENUE 900099 88552 88552 88552 5641557 5371011 0 7817 18200 18200 911389 703730 164315 43344 2242000 1950727 211729 79544 70122 48294 19241 2587 211086 191390 8698 10998 231977 166273 60046 5658 77960 4668 73292 55385 55385 520135 131541 387550 1044 2866 2866 72029 59525 9717 2787 83711 75043 2815 5853 518298 452601 55583 10114 2525 1046 1479 75558 72136 3422 78893 72356 5245 1292 94279 69622 24181 476 SUPPLIES 346776 336201 4297 6278 POSTAGE & SHIPPING 60884 60884 BANK FEES 56534 56041 493 PATIENT OUTREACH 53837 53603 234 185478 123028 26236 36214 5969922 4590868 1168716 210338 2699445 2353810 1402534 1266342 101000 197634 74878 120857 2742878 2309027 190341 433851 32918 32918 4501116 4405412 384476 617137 384476 617137 X 3914085 3581070 17555 22205 185000 185000 4116640 3788275 4501116 4405412 -328365 0 X 0 1 X 1 0 X 868105 686700 509578 393538 262729 2720650 868105 686700 509578 393538 262729 2720650 778794 1941856 300000 300393 300018 239602 4972 1144985 3865635 27483593 0.50230 0.48410 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 185000 185000 185000 185000 185000 185000 185000 185000 185000 185000 0.00000 1.00000 0.00000 0 0 485567 383566 102001 2257311 1925461 331850 433851 X 5641557 0 5641557 0 5641557 5969922 0 5969922 0 5969922 PART V, LINE 4: THE ENDOWMENT IS SOLELY USED TO SUPPORT PATIENT SERVICES. PART X, LINE 2: BOSTONSIGHT ACCOUNTS FOR THE EFFECT OF ANY UNCERTAIN TAX POSITIONS BASED ON A "MORE LIKELY THAN NOT" THRESHOLD TO THE RECOGNITION OF THE TAX POSITIONS BEING SUSTAINED BASED ON THE TECHNICAL MERITS OF THE POSITION UNDER SCRUTINY BY THE APPLICABLE TAXING AUTHORITY. IF A TAX POSITION OR POSITIONS ARE DEEMED TO RESULT IN UNCERTAINTIES OF THOSE POSITIONS, THE UNRECOGNIZED TAX BENEFIT IS ESTIMATED BASED ON A "CUMULATIVE PROBABILITY ASSESSMENT" THAT AGGREGATES THE ESTIMATED TAX LIABILITY FOR ALL UNCERTAIN TAX POSITIONS. INTEREST AND PENALTIES ASSESSED, IF ANY, ARE ACCRUED AS INCOME TAX EXPENSE. BOSTONSIGHT HAS IDENTIFIED ITS TAX STATUS AS A TAX EXEMPT ENTITY AND ITS DETERMINATION OF WHICH ACTIVITIES ARE RELATED AND UNRELATED AS ITS ONLY SIGNIFICANT TAX POSITIONS AND HAS DETERMINED THAT SUCH TAX POSITIONS DO NOT RESULT IN AN UNCERTAINTY REQUIRING RECOGNITION. BOSTONSIGHT IS NOT CURRENTLY UNDER EXAMINATION BY ANY TAXING JURISDICTION. FEDERAL AND STATE INCOME TAX RETURNS ARE GENERALLY OPEN FOR EXAMINATION FOR THREE YEARS FOLLOWING THE DATE FILED. 1 PENTAVISION LLC 321 NORRISTOWN ROAD SUITE 150 AMBKERM PA 19002 461480205 10000 GLOBAL SPECIALTY LENS SYMPOSIUM 2017 0 1 PART I, LINE 2: THE FUNDS GIVEN ARE SPONSORSHIPS FOR OCULAR SURFACE AND CORNEAL DISEASE EDUCATIONAL MEETINGS AND CONFERENCES. X X 1 0 0 0 0 0 0 1 0 GENE GUSELLI PRESIDENT/DIRECTOR 202034 0 598 0 693 0 1846 0 17207 0 222378 0 0 0 SARA YOST TREASURER/CLERK 136670 0 560 0 162 0 5794 0 23772 0 166958 0 0 0 DR DEBORAH JACOBS MEDICAL DIRECTOR 222442 0 566 0 774 0 8969 0 2163 0 234914 0 0 0 CARMEN ADDARIO CHIEF OPERATING OFFICER 168628 0 598 0 774 0 7000 0 17701 0 194701 0 0 0 DR KAREN CARRASQUILLO DIRECTOR OF CLINICAL CARE 165864 0 549 0 180 0 6660 0 2457 0 175710 0 0 0 ILENE KNOPPING DIR., BOSTONSIGHT NETWORK 135818 0 524 0 774 0 5722 0 21520 0 164358 0 0 0 DR ALAN KWOK OPTOMOTRIST 122212 0 552 0 270 0 5232 0 23772 0 152038 0 0 0 PART I, LINE 4A EUGENE BONTE RECEIVED A SEVERANCE PAYMENT OF $24,237. PART I, LINE 7 ALL STAFF MEMBERS RECEIVED A $500 GIFT CARD AS A BONUS. THE PRESIDENT OF BOSTON FOUNDATION FOR SIGHT DETERMINED THE AMOUNT AND APPROVED THE GIFT CARDS FOR PAYMENT. THE PRESIDENT'S BONUS IS DETERMINED ANNUALLY BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B UPON RECEIVING DRAFTS FROM OUR CPA FIRM (AUDITORS), BOSTONSIGHT WILL TAKE THE FOLLOWING STEPS TO ASSURE ACCURACY AND COMPLIANCE WITH FEDERAL TAX REGULATIONS. THE PRESIDENT AND TREASURER OF BOSTONSIGHT WILL REVIEW THE FORM 990 IN DETAIL INCLUDING ACCOUNT GROUPINGS. UPON SATISFACTORY REVIEW, THE BOSTONSIGHT TREASURER WILL SUBMIT THE FORM 990 DRAFT TO THE BOSTONSIGHT AUDIT COMMITTEE. THE CPA FIRM WILL HOLD A MEETING FOR THE AUDIT COMMITTEE TO ADDRESS ANY CONCERNS OR QUESTIONS. UPON SATISFACTORY REVIEW BY THE AUDIT COMMITTEE, THE FINAL FORM 990 WILL BE GENERATED BY THE CPA FIRM. THE FINAL COPY OF THE FORM 990 WILL BE EMAILED TO ALL BOARD MEMBERS BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C WE REQUIRE BOSTONSIGHT DIRECTORS, OFFICERS, AND KEY EMPLOYEES TO SIGN A CONFLICT OF INTEREST ACKNOWLEDGEMENT AND DISCLOSURE STATEMENT ANNUALLY. THE CEO AND CFO REVIEW THE FORMS AND DETERMINE IF A POTENTIAL CONFLICT EXISTS. ANY INDIVIDUAL THAT HAS A CONFLICT IS RECUSED FROM DISCUSSION AND VOTING ON THE GIVEN TOPIC. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND AUDITED FINANCIAL STATEMENTS ARE AVAILABLE FROM THE ORGANIZATION UPON REQUEST. THE FORM 990 AND AUDITED FINANCIAL STATEMENTS ARE AVAILABLE VIA THE MASSACHUSETTS ATTORNEY GENERAL'S WEBSITE. THE FORM 990 IS ALSO AVAILABLE AT WWW.GUIDESTAR.ORG.