2024-08-15T14:23:33-05:00 2023-06-30 135565207 KPMG LLP 1601 MARKET STREET PHILADELPHIA PA 191032499 990 2022-07-01 236000204 CITY OF PHILADELPHIA TRUSTEE ADMINISTERING WILLS EYE HOSPITAL CITY 2159283320 840 WALNUT STREET 15TH FLOOR PHILADELPHIA PA 191075109 SHELLEY JOHNSON DIRECTOR OF FINANCE 2159283320 2024-08-15 1 1 PHILLIP E GROFF P01247783 2672567000 2022 2024-08-08 14:25:15Z JOSEPH P BILSON 840 WALNUT STREET 15TH FLOOR PHILADELPHIA PA 191075109 54785057 0 X WWW.WILLSEYE.ORG X 1832 PA SEE SCHEDULE O. 14 14 229 194 -933792 0 2185686 1815255 34114482 36696152 6687567 9835138 -31584 69049 42956151 48415594 0 0 0 0 19005509 20635955 0 0 38520 28528298 33347838 47533807 53983793 -4577656 -5568199 125438533 122148937 56975199 59422866 68463334 62726071 X ESTABLISHED IN 1832 AS A GIFT FROM JAMES WILLS, A PHILADELPHIA MERCHANT, TO THE CITY OF PHILADELPHIA, WILLS EYE'S MISSION IS TO PROVIDE EXCELLENCE IN OPHTHALMIC CARE TO THE COMMUNITY IN NEED. SEE SCHEDULE O. 0 0 38434511 36684153 HEALTH CARE PROVIDER: PROVIDES HEALTH CARE TO INDIVIDUALS ON AN INPATIENT AND OUTPATIENT BASIS. PHYSICIANS OF THE ORGANIZATION VOLUNTEERED THEIR TIME PERFORMING EYE EXAMS AND EYE SURGERIES AT NO CHARGE. THE ORGANIZATION HOSTED PERIODIC DIABETES SCREENING EVENTS, COMMUNITY SCREENING AND PATIENT EDUCATING EVENTS, AND A GIVE KIDS SIGHT DAY WHERE MORE THAN A THOUSAND SCREENINGS WERE CONDUCTED AND CHILDREN RECEIVED EYE GLASSES AT NO CHARGE. SEE SCHEDULE O FOR MORE INFORMATION. 5732885 843566 CONTINUING MEDICAL EDUCATION: PROVIDE MEDICAL EDUCATION FOR STAFF AND OUTSIDE PARTICIPANTS. WILLS EYE TRAINS MEDICAL STUDENTS THROUGHOUT THE JEFFERSON HEALTH SYSTEM AS WELL AS THE WILLS EYE JEFFERSON OPHTHALMOLOGY RESIDENTS. CURRENT AND LONG TERM OBJECTIVES ARE TO PROVIDE BETTER HEALTH CARE. WILLS EYE EDUCATION PORTAL IS AVAILABLE WORLDWIDE AT NO COST TO PARTICIPANTS. 3834956 171274 RESEARCH FACILITY: TO LEVERAGE CLINICAL AND TECHNOLOGICAL ADVANCES IN HEALTH DELIVERY SYSTEMS, DATA ANALYTICS, ARTIFICIAL INTELLIGENCE, GENETICS, AND PRECISION MEDICINE IN OPHTHALMOLOGY. TO DRIVE BREAKTHROUGHS IN OPHTHALMIC SCIENCE AND MEDICINE THROUGH COLLABORATION AND INNOVATION THAT EMPOWER LIVES BY PRESERVING VISION THROUGH PREVENTING, TREATING, AND CURING EYE DISEASE. 48002352 1 1 0 1 0 0 0 0 0 1 1 0 0 1 1 0 0 1 0 0 0 0 0 0 0 0 1 1 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 307 0 229 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 14 14 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X JOSEPH P BILSON 2159283306 840 WALNUT STREET PHILADELPHIA PA 19107 BERNARD W SMALLEY ESQ PRESIDENT 1.00 0.00 X X 0 0 0 HON MICHAEL A NUTTER VICE PRESIDENT 1.00 0.00 X 0 0 0 LYNETTE M BROWN-SOW VICE PRESIDENT 1.00 0.00 X 0 0 0 MICHAEL P MEEHAN ESQ DIRECTOR 1.00 0.00 X 0 0 0 ALBERT S DANDRIDGE III ESQ DIRECTOR 1.00 0.00 X 0 0 0 CHARLES M GIBBS ESQ DIRECTOR 1.00 0.00 X 0 0 0 HON DEREK S GREEN DIRECTOR 1.00 0.00 X 0 0 0 HON PAUL P PANEPINTO DIRECTOR 1.00 0.00 X 0 0 0 DOMINIC A SABATINI DIRECTOR 1.00 0.00 X 0 0 0 HON MARK F SQUILLA DIRECTOR 1.00 0.00 X 0 0 0 HON MICHAEL J STACK DIRECTOR 1.00 0.00 X 0 0 0 MAYOR HON JAMES F KENNEY DIRECTOR 1.00 0.00 X 0 0 0 PR CC HON DARRELL L CLARKE DIRECTOR 1.00 0.00 X 0 0 0 HON DONNA BULLOCK DIRECTOR 1.00 0.00 X 0 0 0 JOSEPH P BILSON CHIEF EXECUTIVE OFFICER /E 23.00 17.00 X 549030 0 108565 DR JULIA HALLER MEDICAL DIRECTOR 28.00 12.00 X 1423235 0 87659 MICHAEL ALLEN CHIEF OPERATIONS OFFICER 31.00 9.00 X 407758 0 32255 GREG PASSANANTE CHIEF NURSING OFFICER 40.00 0.00 X 281826 0 979 SHELLEY JOHNSON DIRECTOR OF FINANCE 40.00 0.00 X 242942 0 10811 DR RALPH EAGLE PHYSICIAN 1.00 39.00 X 235971 0 26843 LESLIE HYMAN VICE CHAIR OF RESEARCH 40.00 0.00 X 381730 0 10512 MICHAEL WURSTER DIRECTOR OF FACILITIES 40.00 0.00 X 120815 0 135210 JOSEPH PULIDO DIRECTOR OF TRANSLATIONAL MEDICINE 32.00 0.00 X 228000 0 12258 CYNTHIA FARANO CHIEF HRCO 40.00 0.00 X 188719 0 35630 4060026 0 460722 40 0 1 0 WALNUT TOWERS ASSOCIATES LP 150 N BROAD ST PHILADELPHIA PA 19123 PROPERTY MANAGEMENT 1075081 LIONS EYE BANK OF DELAWARE VALLEY 401 N 3RD ST STE 305 PHILADELPHIA PA 19123 CORNEAL TISSUE 1046645 SOCIETY HILL ANESTHESIA CONSULTANTS PC 301 S 8TH ST STE 2-L PHILADELPHIA PA 19106 ANESTHESIOLOGIST 875964 PHARMERICA PHARMACY SERVICES - LUKER 51 CHARLES LINDBERGH BLVD UNIONDALE NY 11553 PHARMACY SERVICES 759801 JEFFERSON UNIVERSITY PHYSICIANS 225 E CITY AVE STE 10 BALACYNWYD PA 19004 MEDICAL SERVICES 720301 33 1815255 1815255 PATIENT REVENUE 621400 42865654 42865654 TJUH REIMBURSEMENT 621400 621816 621816 CME REVENUE 621400 221750 221750 GOVT RESEARCH GRANTS 621990 171274 171274 RELATED ORG. INCOME 621400 -7184342 -7184342 36696152 2076426 2076426 1215719 2203175 -987456 -987456 -987456 11925000 4166288 7758712 7758712 7758712 STATE ASSESSMENT FEE R 621400 763670 763670 MISCELLANEOUS INCOME 900099 239171 239171 AIR RIGHTS LEASE 531110 53664 53664 1056505 48415594 37698993 -933792 9835138 3163378 2259852 865006 38520 13592408 12634195 958213 789996 702219 87777 1971794 1752708 219086 1118379 994116 124263 582623 536013 46610 136080 125194 10886 53500 49220 4280 497241 457462 39779 2375270 2185247 190023 1191877 1096527 95350 2094614 1927045 167569 634279 583537 50742 1588659 1461566 127093 188561 173476 15085 12872 11842 1030 1772262 1706765 65497 2192189 732707 1459482 1177355 1083167 94188 PATIENT CARE 15071125 13836391 1234734 IMPLICIT PRICE CONCESSI 1663686 1663686 0 WSFS DEBT REFINANCE 1037803 1037803 0 REPAIRS AND MAINTENANCE 984985 906186 78799 92857 85428 7429 53983793 48002352 5942921 38520 1057231 1186047 67061134 57628983 55624 750676 4720722 5276546 575964 734873 282572 1161844 70907350 46437318 22396238 24470032 2713433 -295300 26575615 31235236 125438533 122148937 13946938 13823421 1228695 286639 15000000 15000000 3751676 0 23047890 30312806 56975199 59422866 X 29934674 26266834 38528660 36459237 68463334 62726071 125438533 122148937 X -5568199 102552 -1154117 882501 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 0 0 0 0 1 53500 0 0 53500 0 PART II-B, LINE 1: THE ORGANIZATION HAD LOBBYING EXPENDITURES RELATED TO GOVERNMENTAL RESEARCH FUNDING AND GOVERNMENTAL FUNDING OF PROGRAMS TO PROVIDE MEDICAL SERVICES TO UNDERSERVED POPULATIONS. 32109271 11685 -249140 1087420 30784396 39343366 67678 -6328433 973340 32109271 30507853 13600 9770946 949033 39343366 30121837 910637 360866 885487 30507853 29151808 496069 1174880 700920 30121837 0.83000 0.17000 0 0 417369 417369 28446782 20779903 7666879 15502301 7465323 8036978 26540898 18192092 8348806 24470032 TRUSTEE HELD FUNDS 17946871 ESTATE/OTHER RECEIVABLE 114016 DUE FROM SUBSIDIARIES 8322070 CHARITABLE GIFT ANNU. SURPLUS 486820 DEFERRED RENT INC 46687 ACCRUED INTEREST 363772 COLLATERAL INVESTMENT - LOC 3955000 31235236 PROJECTED BENEFIT OBLIGATION 11577853 LONG TERM SWAP LIABILITY 2816706 SHORT AND LT NOTE PAY 10217949 SHORT AND LT CAPITAL LEASES 1415878 LIABILITY IN GIFT ANNUITY 221457 INTEREST PAYABLE 117789 BOND ISSUE COST NET -9826 LINE OF CREDIT 3955000 30312806 PART V, LINE 4: INTENDED USE OF ENDOWMENTS CONTINUING MEDICAL EDUCATION, RESIDENT EDUCATION, AND RESEARCH IN GENERAL OPHTHALMOLOGY AND SUBSPECIALTIES OF OPHTHALMOLOGY. ALSO FOR GENERAL OPERATIONAL FUNCTIONING OF WILLS EYE HOSPITAL AND PATIENT CARE. 1 1 X 1 X 1 X 500.000000000000 1 1 1 0 0 660000 660000 0.01220 12499000 1483176 11015824 0.20410 13159000 1483176 11675824 0.21630 703000 703000 0.01300 703000 703000 0.01300 13862000 1483176 12378824 0.22930 1 15704670 35303000 -19598330 X 1 1 1 1 WILLS EYE HOSPITAL 840 WALNUT STREET PHILADELPHIA PA 19107 WWW.WILLSEYE.ORG PA 23700101 X X X WILLS EYE HOSPITAL 1 0 0 1 X X X X X X X X X 22 1 0 0 1 X SEE SECTION C X 1 22 1 SEE SECTION C 0 1 X 120.000000000000 500.000000000000 X X 1 1 X X X X 1 X WILLSEYE.ORG/FINANCIAL-ASSISTANCE X WILLSEYE.ORG/FINANCIAL-ASSISTANCE X X 1 X X 0 X X X X 1 X 0 0 WILLS EYE HOSPITAL PART V, SECTION B, LINE 5: ALTHOUGH PATIENTS COME FROM AROUND THE WORLD TO SEE THE OPHTHALMOLOGISTS AT WILLS EYE HOSPITAL, THE PRIMARY SERVICE AREA IS PHILADELPHIA, PENNSYLVANIA. WILLS EYE HOSPITAL IS LOCATED IN THE CENTRAL DISTRICT THAT IS ADJACENT TO SEVERAL UNDERSERVED AREAS AND POPULATIONS IN PHILADELPHIA. THE ASSESSMENT FOCUSED ON THE UNDERSERVED AREAS AND POPULATIONS OF PHILADELPHIA IN ORDER TO HAVE THE BIGGEST IMPACT ON ADDRESSING UNMET VISION NEEDS IN THE COMMUNITY. PERSONS WHO HAVE BROAD INTERESTS AND SPECIAL KNOWLEDGE OF OR EXPERTISE IN PHILADELPHIA'S PUBLIC HEALTH PROVIDED INPUT ON THE UNDERSERVED AREAS AND POPULATIONS IN PHILADELPHIA.MARC ALTSHULER, MD, THE DIRECTOR OF THE JEFFERSON CENTER FOR REFUGEE HEALTH IN PHILADELPHIA, PENNSYLVANIA, WAS CONSULTED FOR THE 2022 CHNA. THE JEFFERSON CENTER OF REFUGEE HEALTH'S MISSION IS TO DELIVER COMPASSIONATE, COMPREHENSIVE, LONGITUDINAL CLINICAL CARE TO REFUGEES AND ASYLEES IN THE COMMUNITY AND TO ADVOCATE FOR THESE POPULATIONS AT THE LOCAL, STATE AND FEDERAL LEVELS. THE CENTER HAS NUMEROUS PROGRAMS INCLUDING HEALTH SCREENINGS AND PREVENTION AND EDUCATIONAL PROGRAMS WITH WELL OVER 4,000 PEOPLE ATTENDING THEIR PROGRAMS ANNUALLY.FRANK A. FRANKLIN, PHD, JD, MPH, DEPUTY COMMISSIONER OF HEALTH OF PHILADELPHIA'S DEPARTMENT OF PUBLIC HEALTH ALSO PROVIDED INSIGHT FOR THE 2022 CHNA. THE PHILADELPHIA DEPARTMENT OF PUBLIC HEALTH COLLECTS, ANALYZES AND REPORTS ON PHILADELPHIA'S PUBLIC HEALTH DATA IN ORDER TO PROVIDE SERVICES, SET POLICES, AND ENFORCE LAWS THAT PROTECT AND PROMOTES THE HEALTH OF ALL PHILADELPHIAN RESIDENTS.ADDITIONALLY, WILLS EYE HOSPITAL PARTNERED WITH CHILDREN FIRST, FORMERLY PUBLIC CITIZENS FOR CHILDREN AND YOUTH (PCCY), AND THE STEPHEN KLEIN WELLNESS CENTER TO GAIN INPUT ON THE UNMET VISION NEEDS OF TARGETED POPULATIONS AND AREAS IN THE CITY. PCCY IS AN ORGANIZATION THAT PROMOTES THE SUCCESS OF ALL CHILDREN IN PHILADELPHIA BY OFFERING DIRECT HELP AND PROVIDING RESEARCH TO INFORM COMMUNITIES AND GOVERNMENT OFFICIALS AND ADVOCATE SOLUTIONS TO CHILDREN'S UNMET NEEDS.THE STEPHEN KLEIN WELLNESS CENTER PROVIDES A SAFE, SUPPORTIVE ENVIRONMENT TO MEN, WOMEN AND CHILDREN WHO ARE CURRENTLY OR FORMALLY HOMELESS AND TO THE RESIDENTS OF THE NORTH PHILADELPHIAN COMMUNITY AFFECTED BY POVERTY. THE CENTER PROVIDES HEALTHCARE SERVICES AND ASSISTS WITH OBTAINING MEDICAL INSURANCE, HOUSING AND EMPLOYMENT TO THOSE WHO ARE STRUGGLING FINANCIALLY. THE VISION HEALTH NEEDS OF CHILDREN AND RESIDENTS OF UNDERSERVED AREAS OF PHILADELPHIA WERE IDENTIFIED BASED ON THE RESULTS OF THIS ASSESSMENT. NEEDS WERE PRIORITIZED BASED UPON THE RESOURCES AVAILABLE AT WILLS EYE HOSPITAL. WILLS EYE HOSPITAL PART V, SECTION B, LINE 11: WILLS EYE HOSPITAL DESIGNED A PROGRAM TO STUDY THE ABILITY OF REMOTE TELEMEDICINE FUNDUS PHOTOGRAPHY TO INCREASE COMPLIANCE WITH OBTAINING REGULAR EYE EXAMS FOR DIABETICS. THE GOALS OF THIS PROGRAM WERE TO INCREASE THE AWARENESS ABOUT DIABETIC EYE DISEASE AMONG PEOPLE WITH DIABETES AND CONDUCT TARGETED OUTREACH TO HEALTH PROFESSIONALS, COMMUNITY HEALTH WORKERS, AND OTHERS WORKING WITH PEOPLE WITH DIABETES. WILLS EYE HOSPITAL DESIGNED A 5-YEAR RESEARCH PROJECT ADDRESSING HOW TO MAXIMIZE OPPORTUNITIES AND ADDRESS ACCESS TO VISION CARE GAPS IN 10 FEDERALLY QUALIFIED HEALTH CENTERS AND 7 TEMPLE UNIVERSITY PRIMARY CARE PRACTICES LOCATED IN UNDERSERVED AREAS OF PHILADELPHIA. THIS COMMUNITY-BASED, TELEMEDICINE STUDY USED FUNDUS PHOTOGRAPHY OF THE OPTIC NERVE AND MACULA TO INCREASE EARLY DETECTION OF PREVIOUSLY UNDIAGNOSED GLAUCOMA, OTHER OCULAR DISEASE AND VISION LOSS IN HIGH-RISK POPULATIONS. THE WILLS EYE VISION SCREENING PROGRAM FOR CHILDREN WAS ESTABLISHED WITH THE SCHOOL DISTRICT OF PHILADELPHIA TO CONDUCT IN-SCHOOL VISION SCREENINGS FOR CHILDREN IN GRADES K-5, PROVIDE FREE GLASSES TO CHILDREN WITH REFRACTIVE ERROR, AND HELP CHILDREN WITH SUSPECTED NON-REFRACTIVE EYE DISEASE(S) TO BE EVALUATED BY A PEDIATRIC OPHTHALMOLOGIST. THE MAJORITY OF THE CHOSEN SCHOOLS ARE LOCATED IN UNDERSERVED AREAS OF PHILADELPHIA. PART V, SECTION B, LINE 7A WILLS EYE HOSPITAL MAKES ITS CHNA REPORT AVAILBLE FOR PUBLIC INSPECTION VIA THE HOSPITAL'S WEBSITE AT THE FOLLOWING URL:HTTPS://WWW.WILLSEYE.ORG/PATIENTS-VISITORS/PATIENT-INFORMATION/COMMUNITY-HEALTH-NEEDS-ASSESSMENT/ PART V, SECTION B, LINE 10A WILLS EYE MAKES ITS MOST RECENTLY ADOPTED IMPLEMENTATION STRATEGY AVAILABLE VIA THE HOSPITAL'S WEBSITE AT THE FOLLOWING URL:HTTPS://WWW.WILLSEYE.ORG/PATIENTS-VISITORS/PATIENT-INFORMATION/COMMUNITY-HEALTH-NEEDS-ASSESSMENT/ PART I, LINE 7: THE COST METHODOLOGY USED TO CALCULATE THE AMOUNTS REPORTED FOR EACH LINE IN THE TABLE IS AN INDIRECT COST RATE USED FOR FEDERAL NIH GRANTS OF 62%. THE FEDERAL INDIRECT COST RATE CHANGED TO 62% IN FY2023. PART III, LINE 2: BAD DEBT EXPENSEBAD DEBT IS DETERMINED IF THERE WAS AN ADVERSE/EXTRAORDINARY EVENT THAT PREVENTED A PATIENT FROM BEING ABLE TO PAY THE EXPECTED AMOUNT. SCHEDULE H, PART III, SECTION A, LINE 4 THE ORGANIZATION'S AUDITED FINANCIAL STATEMENT WAS NOT ISSUED AT THE TIME OF 6/30/23 FORM 990 FILING. THE BELOW NARRATIVE REGARDING ACCOUNTS RECEIVABLE IS A NARRATIVE FROM 6/30/2022 AND SAME METHODOLOGY CONTINUED FOR 6/30/2023:THE ORGANIZATION'S ACCOUNTS RECEIVABLE ARE PRIMARILY COMPRISED OF AMOUNTS DUE FROM MEDICARE, MEDICAID, MANAGED CARE COMPANIES, SELF-PAY PATIENTS AND OTHER THIRD-PARTY PAYORS. THE ORGANIZATION EVALUATES THE VALUATION OF ACCOUNTS RECEIVABLE, BASED ON ANALYSIS OF HISTORICAL COLLECTION TRENDS, AS WELL AS ITS UNDERSTANDING OF THE NATURE AND COLLECTABILITY OF PATIENT ACCOUNTS, BASED ON THEIR AGE AND OTHER FACTORS. PART III, LINE 8: COSTING METHODOLOGYWILLS EYE HOSPITAL PREPARES A COST REPORT FOR MEDICARE/MEDICAID PURPOSES. FIGURES REPORTED IN THIS COST REPORT WERE USED AS THE BASIS FOR REPORTING. THE COST REPORT IS PREPARED BY USING FINANCIAL STATEMENT DATA AND STATISTICAL INFORMATION TO ARRIVE AT A COST ALLOCATED REPORT. PART III, LINE 9B: TO DETERMINE THE AMOUNT ESTIMATED TO QUALIFY FOR THE FINANCIAL ASSISTANCE POLICY, THE ORGANIZATION UTILIZES ONLY THE SELF-PAY ACCOUNTS RECEIVABLE BALANCES AT YEAR-END. PART VI, LINE 2: NEEDS ASSESSMENTWILLS EYE HOSPITAL IS A NON-PROFIT SPECIALTY HOSPITAL IN PHILADELPHIA, PENNSYLVANIA THAT IS DEDICATED TO IMPROVING VISION HEALTH. WILLS EYE HOSPITAL PROVIDES A FULL RANGE OF OPHTHALMIC SUB-SPECIALTY SERVICES AND IS HOME OF ONE OF THE FEW EYE EMERGENCY DEPARTMENTS IN THE COUNTRY. FOUNDED IN 1832, WILLS EYE HOSPITAL IS THE OLDEST EYE HOSPITAL IN THE NATION AND PLAYED A VITAL ROLE IN PIONEERING ADVANCES IN THE PREVENTION AND TREATMENT OF EYE DISEASES. WILLS EYE'S MISSION IS TO SERVE AS A COMPREHENSIVE CENTER OF OPHTHALMOLOGY AND MAKE EYE CARE ACCESSIBLE AND RESPONSIVE TO THE NEEDS OF UNDERSERVED CHILDREN AND ADULTS IN THE LOCAL COMMUNITY.THE 2022 WILLS EYE HOSPITAL COMMUNITY HEALTH NEEDS ASSESSMENT (CHNA) WAS CONDUCTED TO IDENTIFY VISION HEALTH ISSUES IN PHILADELPHIA. TO ASSESS THE UNMET VISION NEEDS IN PHILADELPHIA, INPUT WAS SOLICITED FROM INDIVIDUALS WITH EXPERTISE IN PHILADELPHIA'S PUBLIC HEALTH ISSUES AND INDIVIDUALS FROM MEDICALLY UNDERSERVED, LOW-INCOME, AND MINORITY POPULATIONS IN PHILADELPHIA WERE SURVEYED. DATA REPORTED BY THE U.S. CONSENSUS BUREAU, 2019 AND 2020 HEALTH OF THE CITY REPORTS FROM THE DEPARTMENT OF PUBLIC HEALTH OF PHILADELPHIA, AND 2020 AND 2021 PHILADELPHIA STATE OF THE CITY REPORTS FROM THE PEW CHARITABLE TRUSTS WERE USED TO DESCRIBE THE GEOGRAPHY AND DEMOGRAPHICS OF PHILADELPHIA.THE FOLLOWING VISION HEALTH NEEDS OF CHILDREN AND RESIDENTS OF UNDERSERVED AREAS OF PHILADELPHIA WERE IDENTIFIED BASED ON THE RESULTS OF THIS ASSESSMENT IN ORDER OF PRIORITY: (1) LOW AWARENESS OF OCULAR DISEASES THAT CAUSE VISION LOSS SUCH AS DIABETIC RETINOPATHY AND AGE-RELATED MACULAR DEGENERATION AMONG ADULTS IN UNDERSERVED AREAS; (2) CREATING A SUSTAINABLE MODEL FOR VISION SCREENINGS AND ADHERENCE TO FOLLOW-UP CARE IN COMMUNITY CENTERS IN UNDERSERVED AREAS; (3) ROUTINE PEDIATRIC VISION SCREENINGS IN CHILDREN UNDER 17 AND LOW ADHERENCE TO OBTAIN GLASSES OR FOLLOW-UP CARE WITH A PEDIATRIC OPHTHALMOLOGIST; (4) LACK OF CITY-SPECIFIC DATA ON EYE AND VISION HEALTH FOR RESIDENTS OF PHILADELPHIA PART VI, LINE 3: PATIENT EDUCATION OF ELIGIBILITYTHE ORGANIZATION HAS BROCHURES, SIGNS AND POSTERS LOCATED THROUGHOUT THE FACILITIES. THE ORGANIZATION HAS ALSO WORKED WITH THE PHYSICIAN OFFICES CLOSELY AND THEY ARE AWARE OF THE STAFF AND THE POLICY THAT IS USED TO ASSIST THE PATIENTS TO BECOME ELIGIBLE FOR FREE CARE. THE FINANCIAL ASSISTANCE POLICY IS ON THE ORGANIZATION'S WEBSITE AND CONFORMS TO ALL REQUIREMENTS. IT IS ALWAYS THE ORGANIZATION'S INTENTION TO HAVE THE PATIENT PREAPPROVED FOR ASSISTANCE HOWEVER OFTEN WITH EYE INJURIES THIS IS NOT ABLE TO BE DONE AND IT MERELY REQUIRES A LETTER FROM THE PHYSICIAN TO APPROVE THE PATIENT FOR IMMEDIATE FREE CARE. PART VI, LINE 4: COMMUNITY INFORMATIONPHILADELPHIA IS THE LARGEST CITY IN PENNSYLVANIA AND THE SIXTH LARGEST CITY IN THE UNITED STATES. PHILADELPHIA HAS AN ESTIMATED POPULATION OF 1,603,737 AS OF THE 2020 CENUS, A 3.8% INCREASE FROM THE OFFICIAL CENSUS CONDUCTED IN 2010. WILLS EYE HOSPITAL IS LOCATED IN THE CENTRAL DISTRICT, MORE COMMONLY KNOWN AS CENTER CITY, WHICH IS ONE OF EIGHTEEN PLANNING DISTRICTS IN PHILADELPHIA. EACH PLANNING DISTRICT IS CHARACTERIZED BY DISTINCT GEOGRAPHICAL AND ECONOMIC FACTORS, AND SOCIAL DETERMINANTS OF HEALTH. IN ADDITION TO CENTRAL PHILADELPHIA, THE MOST HEAVILY POPULATED DISTRICTS INCLUDE SOUTH, WEST, AND NORTH (INCLUDING LOWER AND UPPER NORTH) PHILADELPHIA. PHILADELPHIA IS AMONG THE OLDEST AND MOST HISTORIC CITIES IN THE UNITED STATES BUT DEMOGRAPHICALLY PHILADELPHIA IS A YOUNG CITY. THE LARGEST PORTION OF PHILADELPHIA'S POPULATION IS COMPRISED OF YOUNG ADULTS BETWEEN THE AGES OF 25 TO 29. IN 2019, IT WAS ESTIMATED THAT 24 PERCENT OF PHILADELPHIA'S POPULATION WAS UNDER THE AGE OF 20 AND 26 PERCENT WERE 55 OR OLDER. THE NUMBER OF FEMALES SLIGHTLY OUTNUMBERED MALES WITH APPROXIMATELY 53 PERCENT OF THE POPULATION IDENTIFIED AS FEMALE. PHILADELPHIA IS AN ETHNICALLY DIVERSE CITY WITH 40 PERCENT OF INDIVIDUALS IDENTIFYING AS NONHISPANIC BLACK, 34 PERCENT AS NON-HISPANIC WHITE, 15 PERCENT AS HISPANIC, 7.5 PERCENT AS ASIAN, AND 3 PERCENT AS OTHER (INCLUDES NATIVE HAWAIIAN AND OTHER PACIFIC ISLANDER, AMERICAN INDIAN, ALASKA NATIVE, AND INDIVIDUALS IDENTIFYING AS TWO OR MORE RACES). THERE HAS BEEN AN INCREASE IN THE IMMIGRANT POPULATION AS 14% OF PHILADELPHIA'S RESIDENTS WERE IMMIGRANTS IN 2019, AN INCREASE OF 2.4 PERCENTAGE POINTS SINCE 2010 AND COMPARABLE TO THE NATIONAL RATE. WHILE PHILADELPHIA IS ETHNICALLY DIVERSE, IT REMAINS A LARGELY SEGREGATED CITY WITH ONE RACE OR ETHNIC GROUP REPRESENTING 83 PERCENT OF THE CITY'S 372 RESIDENTIAL CENSUS TRACTS. INDIVIDUALS THAT IDENTIFY THEMSELVES AS NON-HISPANIC WHITE ARE THE LARGEST POPULATION IN SEVERAL PHILADELPHIA DISTRICTS INCLUDING NORTHEAST, NORTHWEST AND SOUTH PHILADELPHIA. NON-HISPANIC BLACK IS THE MOST LARGELY REPRESENTED POPULATION IN THE WEST AND NORTH DISTRICTS OF PHILADELPHIA WHEREAS HISPANIC LATINOS ARE CONCENTRATED IN NORTH PHILADELPHIA AND A HIGH ASIAN POPULATION IS LOCALIZED IN CENTRAL PHILADELPHIA. PART VI, LINE 5: PROMOTION OF COMMUNITY HEALTHWILLS EYE HOSPITAL TREATS ALL PATIENTS REGARDLESS OF THEIR ABILITY TO PAY.IN FY 2023, WILLS EYE HOSPITAL PROVIDED $1,362,746 IN CHARITY CARESERVICES. WHILE AFRICAN AMERICANS AND HISPANIC/LATINOS SHARE SEVERAL BARRIERS, EACH GROUP HAS REPORTED DIFFERENT RISK FACTORS. WITH DISPARITIES IN MANY ASPECTS OF HEALTHCARE, DIABETES WILL CONTINUE TO AFFECT THE CLINICAL AND PATIENT-CENTERED HEALTH OUTCOMES OF THE AFRICAN AMERICAN AND HISPANIC/LATINO COMMUNITIES. KNOWLEDGE AND ACCESS TO CARE ARE KEY FACTORS ASSOCIATED WITH GOOD MANAGEMENT OF DIABETES AND APPROPRIATE VISION CARE UTILIZATION. ADDRESSING THESE BARRIERS IN AFRICAN AMERICAN AND HISPANIC/LATINO POPULATIONS WITH PROVEN INTERVENTIONS IS NECESSARY TO REDUCE THE DISPARITIES IN DILATED FUNDUS EXAM ADHERENCE AND IMPROVE HEALTH OUTCOMES. WILLS EYE HAS DESIGNED A PROGRAM TO STUDY THE ABILITY OF REMOTE TELEMEDICINE FUNDUS PHOTOGRAPHY TO INCREASE COMPLIANCE WITH OBTAINING REGULAR EYE EXAMS FOR DIABETICS. IN RECOGNITION OF THE KNOWN RISKS FACTORS FOR GLAUCOMA, THE ASYMPTOMATIC CHARACTER OF THE DISEASE, THE LACK OF A SIMPLE SCREENING TEST FOR THE DISEASE, AND THE KNOWN LIMITATIONS OF ACCESS TO EYE CARE AMONG HIGH RISK POPULATIONS, THE WILLS EYE GLAUCOMA RESEARCH CENTER INITIATED A DISTINCT PUBLIC HEALTH APPROACH TO REACH THOSE AT HIGH-RISK FOR GLAUCOMA IN COMMUNITY-BASED SETTINGS. WITH THE HELP OF THE PHILADELPHIA DEPARTMENT OF PUBLIC HEALTH, HEALTH FEDERATION OF PHILADELPHIA, TEMPLE UNIVERSITY, AND PUBLIC HEALTH MANAGEMENT CORPORATION, WILLS EYE HAS DESIGNED A 5-YEAR, COMMUNITY-BASED RESEARCH PROJECT. THE STUDY IS ADDRESSING HOW TO MAXIMIZE OPPORTUNITIES AND ADDRESS ACCESS TO VISION CARE GAPS IN 10 FEDERALLY QUALIFIED HEALTH CENTERS (FQHC) AND 7 TEMPLE UNIVERSITY PRIMARY CARE TEMPLE UNIVERSITY PRACTICES, ALL LOCATED IN UNDERSERVED AREAS OF PHILADELPHIA. THE TARGETED, DIVERSE POPULATIONS ARE THE FOCUS OF THIS RESEARCH DUE TO BEING AT RISK FOR PREVIOUSLY UNDIAGNOSED GLAUCOMA OR GLAUCOMA SUSPECT, OTHER EYE DISEASES, AND VISION LOSS. THE WILLS EYE VISION SCREENING PROGRAM FOR CHILDREN TEAM CONSISTS OF A PEDIATRIC OPHTHALMOLOGIST, PROJECT DIRECTOR, PROJECT MANAGER, OPTOMETRIST, VISION SCREENERS, OPTICIAN, SOCIAL WORKER, DATA MANAGER/BIOSTATISTICIAN, AND VAN DRIVER. A LIAISON IS APPOINTED BY THE SCHOOL DISTRICT OF PHILADELPHIA TO SELECT THE SCHOOLS EACH SEMESTER, ATTEND ALL SCREENINGS, AND MANAGE PARENTAL/GUARDIAN CONSENT FORM RETURN. EACH SEMESTER, APPROXIMATELY 15 ELEMENTARY SCHOOLS ARE CHOSEN BY THE SCHOOL DISTRICT OF PHILADELPHIA LIAISON, IN COLLABORATION WITH THE SCHOOL NURSES. THE MAJORITY OF CHOSEN SCHOOLS ARE IN UNDERSERVED AREAS OF PHILADELPHIA WHERE THE PRINCIPALS AND NURSES REQUESTED ASSISTANCE TO COMPLY WITH THE PENNSYLVANIA DEPARTMENT OF HEALTH REQUIRED VISION SCREENING MANDATE. FINAL SELECTION OF SCHOOLS ALSO CONSIDERED OTHER PHILADELPHIA COMMUNITY-BASED EYE SCREENING PROGRAMS TO AVOID DUPLICATE EFFORTS AT ANY ONE SCHOOL. IN ADDITION, WILLS EYE HOSPITAL CONDUCTED ITS ANNUAL GIVE KIDS SIGHT DAY, WHERE CHILDREN FROM ACROSS THE REGION ARE INVITED TO RECEIVE FREE EYE EXAMS. GIVE KIDS SIGHT DAY BEGAN WITH A VIRTUAL SCREENING FOR 460 CHILDREN. VISION PROBLEMS WERE DETECTED IN 322 CHILDREN AND APPOINTMENTS WERE SCHEDULED FOR FURTHER DIAGNOSIS FOR THE SUBSEQUENT IN PERSON SCREENING. 48% OF THE KIDS WERE FOUND TO NEED PRESCRIPTION EYE GLASSES AND RECEIVED THEM FROM OUR OPTICAL SHOPS AT NO COST AT A LATER DATE. EACH YEAR AT GIVE KIDS SIGHT DAY. THESE IDENTIFIED CONDITIONS ARE TREATED WITHOUT REGARD TO THE ABILITY TO PAY. X X 0 0 0 0 0 0 0 1 0 DR JULIA HALLER MEDICAL DIRECTOR 1213235 0 135000 0 75000 0 22927 0 64732 0 1510894 0 0 0 JOSEPH P BILSON CHIEF EXECUTIVE OFFICER /E 404030 0 70000 0 75000 0 8844 0 99721 0 657595 0 0 0 MICHAEL ALLEN CHIEF OPERATIONS OFFICER 341444 0 33157 0 33157 0 0 0 32255 0 440013 0 0 0 LESLIE HYMAN VICE CHAIR OF RESEARCH 319868 0 30931 0 30931 0 0 0 10512 0 392242 0 0 0 GREG PASSANANTE CHIEF NURSING OFFICER 228626 0 38200 0 15000 0 0 0 979 0 282805 0 0 0 DR RALPH EAGLE PHYSICIAN 235971 0 0 0 0 0 3801 0 23042 0 262814 0 0 0 MICHAEL WURSTER DIRECTOR OF FACILITIES 120815 0 0 0 0 0 1946 0 133264 0 256025 0 0 0 SHELLEY JOHNSON DIRECTOR OF FINANCE 209442 0 18500 0 15000 0 0 0 10811 0 253753 0 0 0 JOSEPH PULIDO DIRECTOR OF TRANSLATIONAL MEDICINE 228000 0 0 0 0 0 0 0 12258 0 240258 0 0 0 CYNTHIA FARANO CHIEF HRCO 185719 0 3000 0 0 0 3040 0 32590 0 224349 0 0 0 PART I, LINE 7 NONFIXED PAYMENTS UNDER THE EMPLOYMENT CONTRACTS OF THE CHIEF EXECUTIVE OFFICER, CHIEF OPERATIONS OFFICER, VICE CHAIR OF RESEARCH, CHIEF NURSING OFFICER, AND MEDICAL DIRECTOR, EACH ARE ELIGIBLE FOR VARIABLE COMPENSATION BASED ON MEETING DEFINED PERFORMANCE METRICS AND APPROVAL BY THE COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS. A THE HOSPITALS & HIGHER EDUC FACILITIES SERIES 2012 231929132 2012-03-01 15000000 CURRENT REFUNDING SERIES 2000 BOND 0 0 0 A 15000000 15000000 2012 1 0 1 1 A 0 0 0 1 0 1 PNC BANK 18.670000000000 1 0 0 0 1 A 0 SCHEDULE K, PART IV, LINE 2C REBATE NOT DUE THE REBATE CALCULATION WAS PERFORMED ON 2/28/2020. FORM 990, PART I, LINE 1 ORGANIZATION'S MISSION WILLS EYE IS A HEALTH SYSTEM SPECIALIZING IN OPHTHALMIC CARE THAT PROVIDES INPATIENT AND OUTPATIENT HOSPITAL SERVICES, PROFESSIONAL MEDICAL SERVICES, GRADUATE AND CONTINUING MEDICAL EDUCATION, AND CLINICAL AND BASIC RESEARCH. FORM 990, PART III, LINE 1 ORGANIZATION'S MISSION ESTABLISHED IN 1832 AS A GIFT FROM JAMES WILLS, A PHILADELPHIA MERCHANT, TO THE CITY OF PHILADELPHIA, WILLS EYE'S MISSION IS TO PROVIDE EXCELLENCE IN OPHTHALMIC CARE TO THE COMMUNITY IN NEED. WILLS EYE ADVANCES THIS MISSION THROUGH COMPASSIONATE CLINICAL CARE FOR PATIENTS, SCIENTIFIC DISCOVERY, AND EDUCATING FUTURE LEADERS OF OPHTHALMOLOGY. FORM 990, PART III, LINE 4A PROGRAM SERVICE ACCOMPLISHMENT HEALTH CARE PROVIDER: PROVIDES HEALTH CARE TO INDIVIDUALS ON AN INPATIENT AND OUTPATIENT BASIS. PHYSICIANS OF THE ORGANIZATION VOLUNTEERED THEIR TIME PERFORMING EYE EXAMS AND EYE SURGERIES AT NO CHARGE. THE ORGANIZATION HOSTED PERIODIC DIABETES SCREENING EVENTS, COMMUNITY SCREENING AND PATIENT EDUCATION EVENTS, AND A KIDS SIGHT DAY WHERE MORE THAN A THOUSAND SCREENINGS WERE CONDUCTED AND CHILDREN RECEIVED EYE GLASSES AT NO CHARGE. THE WILLS EYE VISION SCREENING PROGRAM FOR CHILDREN WAS ESTABLISHED WITH THE SCHOOL DISTRICT OF PHILADELPHIA TO CONDUCT IN-SCHOOL VISION SCREENINGS FOR CHILDREN IN GRADES K-5, PROVIDE FREE GLASSES TO CHILDREN WITH REFRACTIVE ERROR, AND HELP CHILDREN WITH SUSPECTED NON-REFRACTIVE EYE DISEASE(S) TO BE EVALUATED BY AN OPHTHALMOLOGIST. THE MAJORITY OF THE CHOSEN SCHOOLS ARE LOCATED IN UNDERSERVED AREAS OF PHILADELPHIA. 460 CHILDREN WERE SCREENED AND 221 RECEIVED FREE EYE GLASSES. 17 CHILDREN HAD UNDIAGNOSED MEDICAL CONDITIONS THAT REQUIRED FOLLOW-UP AT WILLS EYE HOSPITAL. IN ADDITION, WILLS EYE LEADS A CITY-WIDE INIATIVE TO REDUCE PREVENTABLE BLINDNESS DUE TO DIABETIC DISEASE. FURTHERMORE, WILLS EYE ATTENDS COMMUNITY EVENTS WHERE INDIVIDUALS ARE SCREENED AND EDUCATIONAL MATERIALS ARE DISTRIBUTED. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 REVIEW PROCESS THE WILLS EYE COMMITTEE REVIEWS A DRAFT OF FEDERAL FORM 990 AND THE RETURN IS MADE AVAILABLE TO ALL BOARD MEMBERS FOR REVIEW PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C CONFLICTS OF INTEREST CONFLICT OF INTEREST IS COVERED UNDER THE BOARD OF DIRECTORS OF CITY TRUSTS CONFLICT OF INTEREST POLICY AND THE ORGANIZATION'S CODE OF CONDUCT POLICY. IT IS MONITORED ANNUALLY. THE CONFLICT OF INTEREST POLICY REQUIRES, AMONG OTHER THINGS, THAT DIRECTORS, OFFICERS, AND KEY EMPLOYEES DISCLOSE CONFLICTS AND POTENTIAL CONFLICTS AND THAT INTERESTED PARTIES NOT PARTICIPATE IN ANY VOTE TO CONSIDER A TRANSACTION THAT MIGHT CONSTITUTE A CONFLICT. FORM 990, PART VI, SECTION B, LINE 15 DETERMINING COMPENSATION ANNUALLY, THE COMPENSATION COMMITTEE, ONE OF THE COMMITTEES OF THE BOARD OF DIRECTORS OF CITY TRUSTS, MEETS TO REVIEW THE PERFORMANCE OF TOP MANAGEMENT AND OTHER KEY EMPLOYEES. COMPENSATION WILL BE REVIEWED AND ADJUSTED ANNUALLY. THE REVIEW PROCESSES INCLUDE A COMPLETE ANALYSIS AND REVIEW BY THE INDEPENDENT SUBCOMMITTEE BASED ON COMPARABILITY DATA. THIS REVIEW IS DOCUMENTED AND APPROVED ANNUALLY IN A TIMELY MANNER. FORM 990, PART VI, SECTION C, LINE 19 AVAILABILITY OF OTHER DOCUMENTS THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN THE VALUE OF SWAP 1,261,357. CHANGE IN MINORITY INTEREST OF NETWORK -381,127. OTHER (CHG SPIT INT - GIFT ANNUITIES) 2,271. FORM 990 REASONABLE CAUSE EXPLANATION FOR LATE FILING FACTS: WILLS EYE HOSPITAL ("WEH"), ESTABLISHED IN 1832 THROUGH A BEQUEST OF JAMES WILLS, A QUAKER MERCHANT, TO THE CITY OF PHILADELPHIA, IS ADMINISTERED BY THE BOARD OF DIRECTORS OF CITY TRUSTS. WEH, LOCATED IN PHILADELPHIA, IS A TRUST THAT OWNS AND OPERATES VARIOUS FACILITIES, THROUGH VARIOUS COMPONENT UNITS, WHICH PROVIDE MEDICAL SERVICES TO AREA RESIDENTS. WEH WAS RECOGNIZED AS A PUBLIC CHARITY DESCRIBED IN IRS SECTION 501(C)(3) IN A DETERMINATION LETTER DATED NOVEMBER 15, 1977. WEH'S EXEMPT PURPOSE IS TO PROVIDE EXCELLENCE IN OPHTHALMIC CARE TO THE COMMUNITY IN NEED. WEH BEGAN TRANSITIONING ITS FINANCIAL STATEMENT REPORTING UNDER FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) TO GOVERNMENTAL ACCOUNTING STANDARDS BOARD (GASB) IN ITS FISCAL YEAR ENDED JUNE 30, 2022. WEH'S RELATIONSHIP WITH THE CITY OF PHILADELPHIA WAS REEVALUATED AND DETERMINED UNDER THE U.S. GENERALLY ACCEPTED ACCOUNTING PRINCIPLES THAT THE AUDIT SHOULD BE CONDUCTED IN ACCORDANCE WITH GASB. THE CONVERSION FROM REPORTING UNDER FASB TO GASB REQUIRED ADDITIONAL TIME TO AUDIT AND REPORT ACCURATE AND COMPLETE FINANCIAL STATEMENTS. THERE ARE DIFFERENT ACCOUNTING PRINCIPLES AND SPECIFIC REPORTING DIFFERENCES (E.G. LEASE ACCOUNTING) THAT NEEDED TO BE REVIEWED AND UPDATED. A THIRD-PARTY WAS ENGAGED TO ASSIST WEH IN THIS MANNER GIVEN THE COMPLEXITY AND TECHNICAL EXPERTISE REQUIRED. AS A RESULT, WEH'S FINANCIAL STATEMENTS FOR THE YEAR ENDED JUNE 30, 2022 WERE NOT ISSUED UNTIL FEBRUARY 5, 2024. THIS DELAY, IN TURN, IMPACTED THE TIMING OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED JUNE 30, 2023, WHICH WERE NOT ISSUED UNTIL MAY 23, 2024, ABOUT A WEEK AFTER THE EXTENDED DUE DATE FOR WEH'S 2022 FORM 990. GIVEN THE PROXIMITY OF THE DATE THE FINANCIAL STATEMENTS WERE ISSUED TO THE EXTENDED DUE DATE FOR THE 2022 FORM 990, IT WOULD HAVE BEEN UNREASONABLE FOR WEH TO FILE A 2022 FORM 990 BASED ON UN-AUDITED FINANCIAL STATEMENTS BECAUSE OF THE LIKELIHOOD THAT SUCH A FORM 990 WOULD NEED TO BE AMENDED WITHIN MONTHS OF FILING. WEH HAS A RECORD OF EXERCISING ORDINARY CARE AND BUSINESS PRUDENCE. WEH HAS CONSISTENTLY ENGAGED QUALIFIED THIRD-PARTY TAX PREPARERS TO PROVIDE GUIDANCE AND ASSISTANCE WITH MEETING ALL FILING OBLIGATIONS. WEH HAS A HISTORY OF VOLUNTARILY MEETING ITS FILING AND REPORTING OBLIGATIONS, AND LATE FILING WAS NOT WILLFUL IN ANY WAY, AND DUE TO CIRCUMSTANCES BEYOND WEH'S CONTROL. IN ADDITION, WEH PROMPTLY MET ITS FILING OBLIGATION AFTER ITS FINANCIAL STATEMENTS FOR THE TAX YEAR WERE ISSUED. WEH EXHIBITED ACTIONS CONSISTENT WITH THE DILIGENCE EXPECTED OF WEH AND HAS TAKEN EVERY PRUDENT EFFORT TO MEET ITS REPORTING OBLIGATIONS. THESE FACTS CLEARLY DEMONSTRATE WEH ACTED WITH ORDINARY CARE AND BUSINESS PRUDENCE, THUS MEETING THE REASONABLE CAUSE STANDARD. WEH ACTIVELY SOUGHT TO MEET ALL FILING OBLIGATIONS AND IT WAS ONLY DUE TO TRANSITIONING ITS FINANCIAL STATEMENT REPORTING UNDER FASB TO GASB THAT NECESSITATED MORE TIME NEEDED TO AUDIT AND REPORT ACCURATE AND COMPLETE FINANCIAL STATEMENTS, WHICH ARE NEEDED TO FILE ACCURATE AND COMPLETE FORMS 990. REASONABLE CAUSE CIRCUMSTANCES BEYOND WEH'S CONTROL: PURSUANT TO STATEMENT NO. 76 OF THE GOVERNMENTAL ACCOUNTING STANDARDS BOARD, HIERARCHY OF GENERALLY ACCEPTED ACCOUNTING PRINCIPLES FOR STATE AND LOCAL GOVERNEMENTS, WEH WAS REQUIRED TO CHANGE ITS FINANCIAL STATEMENT REPORTING FROM FASB TO GASB BECAUSE OF ITS QUASI GOVERNMENTAL NATURE. WILLS EYE'S BOARD, CREATED BY THE LEGISLATURE OF THE COMMONWEALTH OF PENNSYLVANIA, IS AN AGENCY OF THE COMMONWEALTH, AND ITS MEMBERS ARE APPOINTED BY THE JUDGES OF THE COURTS OF COMMON PLEAS OF PHILADELPHIA. SINCE THE BOARD IS AN AGENCY OF THE COMMONWEALTH, WILLS EYE IS DEEMED TO BE A GOVERNMENTAL ENTITY, AND AS A RESULT, SUBJECT TO THE GASB REPORTING STANDARDS AS DETERMINED BY ITS INDEPENDENT AUDITORS. THIS TRANSITION REQUIRED WEH'S THIRD-PARTY AUDITORS TO SPEND MORE TIME TO ISSUE ACCURATE AND COMPLETE FINANCIAL STATEMENTS, RESULTING IN WEH'S FINANCIAL STATEMENTS FOR ITS FISCAL YEAR ENDING ON JUNE 30, 2023, BEING ISSUED AFTER THE EXTENDED DUE DATE FOR THE FORM 990 FOR THAT TAX YEAR. WEH HAD NO CAPACITY TO CAUSE THESE FINANCIAL STATEMENTS TO BE ISSUED ANY SOONER. COMPLETED FINANCIAL STATEMENTS ARE NECESSARY FOR WEH TO COMPLETE AN ACCURATE FORM 990. ACCORDINGLY, WEH'S LATE FILING OF ITS FORM 990 WERE DUE TO CIRCUMSTANCES BEYOND ITS CONTROL. PROMPT RECTIFICATION OF THE COMPLIANCE FAILURE: AS SOON AS WEH'S FINANCIAL STATEMENT FOR THE FISCAL YEAR ENDING JUNE 30, 2023 WERE ISSUED, WEH BEGIN TO WORK DILIGENTLY WITH ITS THIRD-PARTY TAX PREPARER TO GET ITS FORM 990 FOR THAT TAX YEAR COMPLETED AS PROMPTLY AS POSSIBLE. AS A RESULT OF THESE PROMPT AND RESPONSIBLE ACTIONS, WEH COMPLETED AND FILED ITS FORM 990 WITHIN THREE MONTHS OF THE FINANCIAL STATEMENTS BEING ISSUED AND HAD ONLY A BRIEF (LESS THAN 80-DAY) PERIOD OF NONCOMPLIANCE. HISTORY OF COMPLIANCE: WEH HAS AN ESTABLISHED HISTORY OF COMPLIANCE WITH SUBMISSION OF FORM 990. WEH WAS ESTABLISHED IN 1832 AND THIS IS THE FIRST KNOWN TIME WITHIN RECENT RECOLLECTION THAT ITS FORM 990 WAS SUBMITTED LATE. IMPLEMENTATION OF PROCEDURES TO AVOID FUTURE NONCOMPLIANCE: NOW THAT WEH'S AUDITORS HAVE FULLY TRANSITIONED WEH'S FINANCIAL STATEMENTS FROM FASB TO GASB, THERE IS NO REASON TO EXPECT ANY FUTURE NONCOMPLIANCE. CONCLUSION: WEH'S FAILURE TO TIMELY FILE FORM 990 WAS DUE TO CIRCUMSTANCES BEYOND WEH'S CONTROL: A REQUIRED TRANSITION IN FINANCIAL STATEMENT REPORTING FROM FASB TO GASB, THAT NECESSITATED MORE TIME NEEDED TO AUDIT AND REPORT ACCURATE AND COMPLETE FINANCIAL STATEMENTS, WHICH ARE, IN TURN, NEEDED TO FILE AN ACCURATE AND COMPLETE FORM 990. AS EXPLAINED ABOVE, WEH'S FAILURE TO TIMELY FILE ITS 2022 FORM 990 WAS DUE TO REASONABLE CAUSE. ABBOT INC 840 WALNUT STREET PHILADELPHIA PA 19107 232711311 TITLE HLDG PA 501(C)(2) N/A WE HOSPITAL 1 WCSS OF COTTMAN-BUXMONT INC 8400 ROOSEVELT BLVD PHILADELPHIA PA 19152 232787047 AMB SURG SVCS PA 501(C)(3) LINE 10 WE HOSPITAL 1 WILLS EYE CSS CORPORATION 840 WALNUT STREET PHILADELPHIA PA 19107 232763562 AMB SURG SVCS PA 501(C)(3) LINE 10 WE HOSPITAL 1 WILLS EYE FOUNDATION 840 WALNUT STREET PHILADELPHIA PA 19107 593794523 SOLICITATION PA 501(C)(3) LINE 12, I WE HOSPITAL 1 WILLS EYE OPHTHALMOLOGY CLINIC INC 840 WALNUT STREET PHILADELPHIA PA 19107 233065896 OUTPATIENT SV PA 501(C)(3) LINE 12, I WE HOSPITAL 1 WCSS OF PLYMOUTH MEETING INC 625 RIDGE PIKE BUILDING B CONSHOHOCKEN PA 19428 232840171 AMB SURG SVCS PA 501(C)(3) LINE 10 WE HOSPITAL 1 PLYMOUTH MEETING ASC LLC 625 RIDGE PIKE BLDG B CONSHOHOCKEN PA 19428 232848584 AMBULATORY SU PA WE CSSC RELATED 0 0 CHERRY HILL ASC LLC 408 RT 70 EAST CHERRY HILL NJ 08003 223335953 AMBULATORY SU NJ N/A RELATED 0 0 COTTMAN ASC LLC 8400 ROOSEVELT BLVD PHILADELPHIA PA 19152 232786584 AMBULATORY SU PA WCSS - CB RELATED 0 0 STADIUM CAMPUS ASC LLC 3340 S BROAD STREET PHILADELPHIA PA 19148 232981922 AMBULATORY SU PA WE CSSC RELATED 0 0 WARMINSTER ASC LLC 401 NORTH YORK ROAD WARMINSTER PA 18974 232779763 AMBULATORY SU PA WILLS HOSPITAL RELATED 0 1 WILLS EYE SURG NETWORK LLC 840 WALNUT STREET PHILADELPHIA PA 19107 232861316 MGMT SERVICES PA WILLS HOSPITAL RELATED -736 5354 0 1 0.01000 AASOP INC 840 WALNUT STREET PHILADELPHIA PA 19107 202867708 PHYSICIAN PRA PA WE HOSPITAL C -418406 17363 1.00000 1 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 1 1 0 WILLS EYE FOUNDATION P 923529 FMV WILLS EYE FOUNDATION Q 137156 FMV WILLS EYE OPTHTHALMOLOGY CLINIC R 6500000 FMV