Return of Organization Exempt from Income

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Return of Organization Exempt from Income r 4 1~ OMB No 1545-0047 Form 990 1 Return of Organization Exempt From Income Tax Under section 501(c), 527, or 4947(a)(1) of the Internal Revenue Code (except black lung 2004 benefit trust or private foundation) Department of the Treasury Internal Revenue Service 10, The organization may have to use a copy of this return to satisfy state reporting requirements A For the 2004 calendar vear_ or tax year beainnina October 1 , 2004. and ending September 3 20 D Employer Identification number B Check if applicable please C Name of organization use IRS Eye and Ear Infirmary 04; 2103591 q Address change label or Massachusetts print or address) E Telephone number q Number and street (or P 0 box if mail is not delivered to street Room/suite Name change type. 243 Charles Street ( 617 ) 573-3012 q Initial return see Specific City or town, state or country, and ZIP + 4 q q Final return Instn+o - F Accounting method: Cash 0 Accrual tfons. Boston, MA 02114-3002 return El Other (specify) 1, H and I are not applicable to section 527 o anfzatfons q Application pending • Section 501(c)(3) organizations and 4947(a)(1) nonexempt charitable trusts must attach a completed Schedule A (Form 990 or 990-EZ). H(a) Is this a group return for affiliates ? Yes ® No www.meei.harvard.edu H(b) If "Yes," enter number of affiliates ► ............... G Website: ► H(c) Are all affiliates included? q Yes q No q q (If "No," attach a list. See instructions) J Organization type (check on ly one) ► 0 501(c) ( 3 ) i (insert no) 4947(a)(1) or 527 H(d) Is this a separate return filed by an K Check here q if the organization's gross receipts are normally not more than $25,000 The ► organization covered by a group ruling? q Yes ® No organization need not file a return with the IRS. but if the organization received a Form 990 Package complete return . in the mail, it should file a return without financial data Some states require a I Group Exemption Number ► q M Check ► if the organization is not required 121,240,462 L Gross receipts Add lines 6b, 8b, 9b, and 1 Ob to line 12 ► to attach Sch B (Form 990, 990-FZ, or 990-PF) Revenue, Expenses, and Chang es in Net Assets or Fund Balances (See pag e 18 of the instructions.) 1 Contributions, gifts, grants, and similar amounts received: a Direct public support . la 6,314,421 b Indirect public support . lb 1,686,000 c Government contributions (grants) . 1c 14,945,330 22,945,751 d Total (add lines 1a through 1c) (cash $ noncash $ ) , Id 2 Program service revenue including government fees and contracts (from Part VII , line 93) 2 97,851,788 3 Membership dues and assessments . 3 4 Interest on savings and temporary cash investments . 4 5 Dividends and interest from securities . 5 442,923 6a Gross rents . 6a b Less: rental expenses . 6b c Net rental income or (loss) (subtract line 6b from line 6a) . 6c 7 Other investment income (describe ► ) 7 (A) Securities (B) Other C 8a Gross amount from sales of assets other than inventory . 8a b Less: cost or other basis and sales expenses 8b c Gain or (loss) (attach schedule) . 8c d Net gain or (loss) (combl olumns (A) and (B)) . 8d q em 9 Sp et tFI (ach sc edule). If any amount is from gaming , check here ► Gr ss rev of Q a co n ons reported on line 1 . 9a b Les ' rec pe%s@ (26616th draismg expenses 9b ft,J c Net m ^r loss) from specs I nts (subtract line 9b from line 9a) . 9c QR 10a Gro s I tiszreturn and allowances 10a b Less cost U , , . , , 10b c Gros rom sales of inventory (attach schedule) (subtract line 10b from line 10a) 10c 11 Other revenue (from Part VII, line 103) . 11 12 Total revenue (add lines 1d, 2, 3, 4, 5, 6c, 7, 8d, 9c, 1Oc, and 11) . 12 121,240,462 13 Program services (from line 44 , column (B)) 13 91,040,937 con' 14 Management and general (from line 44 , column (C)) . 14 15 34,322,254 aX 15 Fundraising (from line 44 , column (D)) . 16 Payments to affiliates (attach schedule) . 16 17 Total expenses (add lines 16 and 44, column (A)) 17 125,363,191 (4,122,729) 18 Excess or (deficit) for the year (subtract line 17 from line 12) . 18 19 Net assets or fund balances at beginning of year (from line 73 , column (A)) . 19 39,481,030 20 Other changes in net assets or fund balances (attach explanation). 20 1,943,398 z 21 Net assets or fund balances at end of year (combine lines 18, 19, and 20) 21 37,301,699 For Privacy Act and Paperwork Reduction Act Notice, see the separate instructions . Cat No 11282Y Form 990 (2004) ZIG jForm 990 (2004) Page 2 Statement of Al organizations must complete column (,4 Columns (B), (C), and (D) are required for section 501(c)(3) and (4) organizations Functional Expenses and section 4947(a)(1) nonexempt chantable trusts but optional for others (See page 22 of the instructions) Do not include amounts reported on line (A) Total (B) Program (C) Management (D) Fundrarsmg 6b, 8b, 9b, 10b, or 16 of Part I. services and general 22 Grants and allocations (attach schedule) . (cash $ noncash $ ) 22 23 Specific assistance to individuals (attach schedule) 23 24 Benefits paid to or for members (attach schedule). 24 25 Compensation of officers , directors , etc. 25 1,095,416 245,920 849,496 26 Other salaries and wages . 26 45,911,231 37,652,527 8,258,704 27 Pension plan contributions . 27 28 Other employee benefits . 28 5,895,667 1,944,168 3,951,499 29 Payroll taxes . 29 4,210,275 4,210,275 30 Professional fundraising fees . 30 31 Accounting fees . 31 52,225 (12,730) 64,955 32 Legal fees . 32 1 ,278 1,278 33 Supplies . - 33 16,020,634 15,894,702 125,932 34 Telephone . - 34 212,871 96,758 116,113 35 Postage and shipping . 35 123,917 51,237 72,680 36 Occupancy . 36 3,750,179 2,839,800 910,379 37 Equipment rental and maintenance . 37 2,845,258 1,780,519 1,064,739 38 Printing and publications . 38 204,171 143,202 60,969 39 Travel . 39 403,452 365,882 37,570 40 Conferences , conventions , and meetings 40 41 Interest . 41 1,604,296 1,604,296 42 Depreciation , depletion , etc. (attach schedule) 42 8,016,901 8,016,901 43 Other expenses not covered above (itemize)- a 43a b Bad Debt 43b 2,586,077 2,586,077 C Other- ------------------------------------------------Expense ( See attached listing) -43c 32,429,343 30,038,952 2,390,391 43d d --------- ------------------------------------------ 43e e ---------------------------------------------------- 44 Total functional expenses (add lines 22 through 43). Organizations completing columns (8)-(D), carry these totals to lines 13-15. 44 125,363,191 91,040,937 34,322,254 q Joint Costs. Check ► if you are following SOP 98-2. q Are any joint costs from a combined educational campaign and fundraising solicitation reported in (B) Program services? . ► Yes 0 No If "Yes," enter (i) the aggregate amount of these joint costs $ ; (ii) the amount allocated to Program services $ (iii) the amount allocated to Management and general $ and (iv) the amount allocated to Fundraising $ Statement of Program Service Accomplishments (See page 25 of the instructions.) Patient care and Research - See attachment What is the organization's primary exempt purpose? Program Service Expenses All organizations must descnbe their exempt purpose achievements in a clear and concise manner. State the number (Required for 501 (c)(3) and of clients served, publications issued, etc. Discuss achievements that are not measurable. (Section 501(c)(3) and (4) (4) orgs, and 4947(a)(1) trusts, but optional for organizations and 4947(a)( 1) nonexempt charitab le trusts must also enter the amount of grants and allocations to others.) others) a Hospital Services (Grants and allocations $ ) 67,291,170 b _Research Activity ---------------------------------------------------------------•----------------------------------- (Grants and allocations $ ) 749,767 C .......................................................................................................................... (Grants and allocations $ ) d .......................................................................................................................... (Grants and allocations $ e Other program services (attach schedule) (Grants and all ocations $ 91,040,937 f Total of Program Service Expenses (should equal line 44, column (B), Program services). ► Form 990 (2004) 1 •( worm 990 (2004) Page 3 Balance Sheets (See page 25 of the instructions.) Note : Where required, attached schedules and amounts within the description (A) (B) column should be for end-of-year amounts only Beginning of year End of year 45 Cash-non-interest-bearing . 493,719 45 262,013 46 Savings and temporary cash investments . 46 47a Accounts receivable . 47a 10,810,093 b Less: allowance for doubtful accounts 47b 3, 186,672 10,525,237 47c 7,623,421 48a Pledges receivable . 48a b Less: allowance for doubtful accounts 48b 48c 49 Grants receivable . 49 50 Receivables from officers, directors, trustees, and key employees (attach schedule) . 50 51a Other notes and loans receivable (attach schedule) . 51a b Less: allowance for doubtful accounts 51b 51c 336,421 52 Inventories for sale or use . 1,395,644 52 1 , 53 Prepaid expenses and deferred charges . 1,626 ,565 53 1 ,477,655 q q FMV 54 54 Investments-securities (attach schedule) . ► Cost 55a Investments-land, buildings, and equipment: basis . 55a b Less : accumulated depreciation (attach schedule) . 55b 55c 56 Investments-other (attach schedule) 56 57a Land , buildings , and equipment: basis 57a 202,595,899 b Less: accumulated depreciation (attach 137,226,859 65 , 110,562 65,369,040 schedule) .
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