2025-09-30T13:40:23+00:00 2024-12-31 440160260 Forvis Mazars LLP 312 Walnut Street Suite 3000 Cincinnati OH 45202 990 2024-01-01 251149206 Vision Benefits of America Inc VISI 4128814900 400 Lydia Street Suite 300 Carnegie PA 15106 AARON R RISDEN CPA TREASURER 4128814900 2025-09-30 true true Aaron Hershberger P00961884 5136218300 2025-09-09 2024 2025-03-06 01:10:19Z JEFF A HOLLOWOOD 400 LYDIA STREET STE 300 CARNEGIE PA 15106 50353261 false X WWW.VBAPLANS.COM X 1973 PA VISION BENEFITS OF AMERICA FOSTERS THE CONSERVATION OF HUMAN EYESIGHT / MAKES AVAILABLE A SPECIALIZED VISION SERVICE PLAN. 9 8 73 0 147183 125534 0 0 36548845 36659836 572587 1404846 0 0 37121432 38064682 25000 80000 0 0 8560421 7530284 0 0 0 29744675 29667275 38330096 37277559 -1208664 787123 62906923 66046144 5974828 6775536 56932095 59270608 VISION BENEFITS OF AMERICA FOSTERS THE CONSERVATION OF HUMAN EYESIGHT BY MAKING AVAILABLE A HIGHLY SPECIALIZED VISION SERVICE PLAN FOR THE AID, COMFORT AND RELIEF OF HUMAN VISION PROBLEMS, AND PROVIDES A PREPAYMENT PLAN WHEREBY INDIVIDUALS OR GROUPS MAY OBTAIN VISION SERVICES AND CORRECTIVE LENSES AND FRAMES FROM LICENSED AND QUALIFIED HEALTH SERVICES DOCTORS AT SIGNIFICANTLY REDUCED PRICES. VISION BENEFITS OF AMERICA IS REGULATED BY THE PENNSYLVANIA INSURANCE DEPARTMENT. NO PORTION OF THE INCOME, AFTER EXPENSES, INURES TO THE BENEFIT OF ANY MEMBER OR INDIVIDUAL OR FOR ANY OTHER PURPOSE. false false 32962877 80000 36659836 VISION BENEFITS OF AMERICA, INC. PROVIDES A PREPAYMENT PLAN WHEREBY INDIVIDUALS OR GROUPS MAY OBTAIN VISION SERVICES AND CORRECTIVE LENSES AND FRAMES FROM LICENSED AND QUALIFIED HEALTH SERVICE DOCTORS AT SIGNIFICANTLY REDUCED COSTS. 32962877 false false false false false false false false false false true true false false true false true false false false false false false false false false false true false true false false false false false false false false false false false false false false false true true true false false true 1826 0 true 73 true true true false false false false false false false X 9 8 false false false false true true true true true false false false true true true true true true true false false false X AARON R RISDEN CPA 4128814900 400 LYDIA STREET SUITE 300 CARNEGIE PA 15106 JEFF A HOLLOWOOD PRESIDENT/DIRECTOR 40.0 1.0 X X 413168 0 46797 KRISTIN A O'CONNOR SECRETARY/DIRECTOR 1.0 1.0 X X 17952 0 0 AKOS NAGY DIRECTOR 1.0 1.0 X 17867 0 0 ANDREW L LEITZEL OD FORMER CHAIR (Term Ended 03/2024) 1.0 3.0 X 4490 39600 0 Brock M Snyder Director 1.0 1.0 X 13409 0 0 Christine Weld OD DIRECTOR (Term Began 03/2024) 1.0 1.0 X 12487 0 0 DAVID J TINTERA DIRECTOR 1.0 1.0 X 13375 0 0 MARCUS M DEVLIN OD CHAIR 1.0 1.0 X 20750 0 0 STEPHEN R HOLLOWAY OD Vice Chair 1.0 1.0 X 16296 0 0 SUSAN M OVERTON DIRECTOR 1.0 1.0 X 13850 0 0 AARON R RISDEN CHIEF FINANCIAL OFFICER/TREASURER 40.0 1.0 X 210926 0 48002 JESSICA R TURCOTTE CHIEF OPERATING OFFICER 40.0 0.0 X 218233 0 15707 Carrie A Kadunce Account Executive 40.0 0.0 X 154154 0 18406 Chad M Cygnarowicz Director of Business Development 40.0 0.0 X 191435 0 29238 CHRISTOPHER J CRAMP SENIOR ACCOUNT EXECUTIVE 40.0 0.0 X 162772 0 14780 MATTHEW M CUOMO VICE PRESIDENT SALES 40.0 0.0 X 179935 0 11983 SEAN M MASON VICE PRESIDENT SOFTWARE ENGINEERING 40.0 0.0 X 176223 0 14816 1837322 39600 199729 15 false true false LUXOTTICA OF AMERICA INC 2813 CONCORD RD YORK PA 17402 VISION CARE 2086273 MYEYEDR OPTOMETRY OF PENNSYLVANIA 1950 OLD GALLOWS RD STE 520 VIENNA VA 22182 VISION CARE 1998730 VISIONWORKS INC P O BOX 848448 DALLAS TX 75284 VISION CARE 1432411 NATIONAL VISION INC P O BOX 951336 DALLAS TX 75395 VISION CARE 1432411 SIMON EYE ASSOCIATES 5301 LIMESTONE RD STE 128 WILMINGTON DE 19808 VISION CARE 722635 28 0 0 0 0 0 0 0 0 PROGRAM SERVICE REVENUE 624100 36659836 36659836 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 36659836 1821603 0 147183 1674420 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 11871822 0 12288579 0 -416757 0 -416757 0 0 -416757 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 38064682 36659836 147183 1257663 0 0 80000 80000 0 0 0 0 1083309 0 1083309 0 0 0 0 0 5302879 3524351 1778528 0 225996 163150 62846 0 465527 351882 113645 0 452573 262678 189895 0 0 0 0 0 6287 571 5716 0 133800 133800 0 0 0 0 0 0 0 0 0 0 0 0 1572661 1572661 0 0 109241 0 109241 0 416466 181142 235324 0 0 0 0 0 0 0 0 0 214518 107259 107259 0 196081 15169 180912 0 0 0 0 0 42679 2602 40077 0 0 0 0 0 0 0 0 0 690026 621024 69002 0 67396 20000 47396 0 CLAIM EXPENSE 24556050 24556050 0 0 EQUIPMENT EXPENSES 852714 676344 176370 0 CONSULTING EXPENSES 775075 691171 83904 0 FEDERAL INCOME TAXES (UBI) 31258 0 31258 0 3023 3023 0 0 37277559 32962877 4314682 0 1675621 2365995 672819 1261613 0 0 2184966 2692840 0 0 0 0 0 0 0 0 246613 224741 6706840 5143938 2216346 1562902 42962514 44920234 12645221 12695745 0 0 0 302823 322074 62906923 66046144 3605964 4224595 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2368864 2550941 5974828 6775536 0 0 0 0 X 0 0 63834 63834 56868261 59206774 56932095 59270608 62906923 66046144 X 787123 0 0 0 0 1551390 X false true true false 0 0 0 0 0 0 0 0 0 0 0 0 449443 390188 59255 0 6257397 4753750 1503647 1562902 8897365 C Closely-held equity interests 8897365 C Financial derivatives INVESTMENT - REAL ESTATE LOANS 3798380 C 12695745 Federal Income Taxes Unpaid Claims Adjustment Reserves 278000 PREMIUMS RECEIVED IN ADVANCE 844541 IBNR Claim Reserves 1413000 Amount Due to Subsidiary 13330 Other Liabilities 2070 2550941 38064682 0 0 0 0 0 38064682 0 0 0 38064682 37277559 0 0 0 0 0 37277559 0 0 0 37277559 true PA Vision Foundation 400 Lydia Street Carnegie PA 15106 208272736 501(c)(3) 80000 Program Support 1 0 Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds THE MAJORITY OF GRANT FUNDS ARE DISBURSED TO A RELATED PRIVATE FOUNDATION AND MONITORED BY THAT FOUNDATION WHEN DISBURSED TO THE FINAL GRANTEE. X X X X X false false false true false false false true false JEFF A HOLLOWOOD PRESIDENT/DIRECTOR 373288 0 38500 0 1380 0 27600 0 19197 0 459965 0 0 0 AARON R RISDEN CHIEF FINANCIAL OFFICER/TREASURER 170331 0 40275 0 320 0 28800 0 19202 0 258928 0 25725 0 JESSICA R TURCOTTE CHIEF OPERATING OFFICER 183913 0 28000 0 6320 0 14800 0 907 0 233940 0 0 0 Chad M Cygnarowicz Director of Business Development 71130 0 116597 0 3708 0 14362 0 14876 0 220673 0 0 0 MATTHEW M CUOMO VICE PRESIDENT SALES 135745 0 38154 0 6036 0 10880 0 1103 0 191918 0 0 0 SEAN M MASON VICE PRESIDENT SOFTWARE ENGINEERING 150000 0 20000 0 6223 0 12000 0 2816 0 191039 0 0 0 CHRISTOPHER J CRAMP SENIOR ACCOUNT EXECUTIVE 82616 0 74060 0 6096 0 12565 0 2215 0 177552 0 0 0 Carrie A Kadunce Account Executive 61100 0 92770 0 284 0 10636 0 7770 0 172560 0 0 0 Schedule J, Part I, Line 5a Compensation contingent on revenues of the organization THE PRESIDENT/CEO RECEIVED A BONUS OF 5% OF HIS BASE SALARY IN 2024 AS A RESULT OF THE COMPANY ACHIEVING TARGETED REVENUE GROWTH. Schedule J, Part I, Line 7 Non-fixed payments THE VICE PRESIDENT OF SALES AS WELL AS THE DIRECTOR OF BUSINESS DEVELOPMENT RECEIVE INCENTIVE COMPENSATION BASED ON PREMIUM AND COVERED LIVES GROWTH. ALL OTHER NONBARGAINING EMPLOYEES ARE ELIGIBLE FOR BONUSES SUBJECT TO OVERALL COMPANY PERFORMANCE AND INDIVIDUAL ANNUAL PERFORMANCE EVALUATION. PERSONS LISTED ON FORM 990, PART VII, SECTION A RECEIVED BONUSES BASED ON PERFORMANCE AND THE FINANCIAL RESULTS OF THE ORGANIZATION. THESE BONUSES WERE SUBJECT TO REVIEW AND APPROVAL BY THE CEO, EXECUTIVE COMPENSATION COMMITTEE AND/OR THE BOARD. Form 990, Part VI, Line 6 Classes of members or stockholders THE MEMBERSHIP CONSISTS OF EVERY PANEL DOCTOR RESIDENT IN PENNSYLVANIA AND THE MEMBERS OF THE BOARD OF DIRECTORS. Form 990, Part VI, Line 7a Members or stockholders electing members of governing body ALL DIRECTORS, OTHER THAN THE PRESIDENT, ARE ELECTED BY THE MEMBERSHIP AT THE ORGANIZATION'S ANNUAL MEETINGS. Form 990, Part VI, Line 7b Decisions requiring approval by members or stockholders ALL ACTIONS THAT REQUIRE MEMBER APPROVAL UNDER APPLICABLE PENNSYLVANIA CORPORATE LAW ARE SUBMITTED TO THE MEMBERSHIP. Form 990, Part VI, Line 11b Review of form 990 by governing body THE FORM 990 IS PREPARED IN DRAFT FORM AND FIRST SENT TO THE AUDIT AND FINANCE COMMITTEE FOR ITS REVIEW AND COMMENTS. ONCE THIS COMMITTEE HAS ACCOMPLISHED ITS REVIEW, IT IS THEN SUBMITTED TO EACH PARTICIPATING MEMBER OF THE BOARD OF DIRECTORS FOR FINAL APPROVAL PRIOR TO FILING WITH THE TAXING AUTHORITY. Form 990, Part VI, Line 12c Conflict of interest policy A CONFLICT OF INTEREST POLICY IS IN EFFECT. ALL DIRECTORS AND OFFICERS ARE REQUIRED TO SIGN AN ANNUAL CONFLICT OF INTEREST DISCLOSURE STATEMENT WHICH IS SUBJECT TO REVIEW BY THE PENNSYLVANIA INSURANCE DEPARTMENT AND FILED IN THE CORPORATE RECORDS. Form 990, Part VI, Line 15a Process to establish compensation of top management official PROCEDURES ARE IN EFFECT TO REVIEW THE COMPENSATION PACKAGE FOR THE PRESIDENT/CEO. THE CEO IS AN AT-WILL EMPLOYEE. THE CEO'S COMPENSATION WAS APPROVED BY THE BOARD OF DIRECTORS AND IS PERIODICALLY REVIEWED BY THE EXECUTIVE COMPENSATION COMMITTEE. THE EXECUTIVE COMPENSATION COMMITTEE CONSISTS OF THE CHAIRMAN, VICE CHAIRMAN AND CHAIRMAN OF THE AUDIT AND FINANCE COMMITTEE, NONE OF WHOM ARE MEMBERS OF MANAGEMENT AND ALL OF WHOM ARE INDEPENDENT MEMBERS OF THE BOARD OF DIRECTORS. FOR ALL OTHER EMPLOYEES, THE CEO DETERMINES COMPENSATION WITHIN BUDGET GUIDELINES APPROVED BY THE BOARD OF DIRECTORS. Form 990, Part VI, Line 19 Required documents available to the public THE ORGANIZATION MADE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC, UPON REQUEST, DURING THE TAX YEAR. Form 990, Part XI, Line 9 Other changes in net assets or fund balances Increase in Unrealized Capital Gains - 1051390; Incurred But Not Recorded Premium Income - 500000; PENNSYLVANIA VISION FOUNDATION 400 LYDIA STREET SUITE 300 CARNEGIE PA 15106 208272736 CHARITABLE PA 501(c)(3) PF VBA true 400 Lydia Street Associates LLC 400 Lydia Street Suite 300 Carnegie PA 15106 814635644 Commercial Office Lessor PA Vision Benefits of America Inc Unrelated 503461 3322025 false true 0.9012 VISION BENEFITS OF AMERICA II INC 400 LYDIA ST SUITE 300 CARNEGIE PA 15106 271254643 VISION INSURANCE PA VBA C Corporation 1.0000 true true true false false false false false false false false true true false false false true true false false 400 LYDIA STREET ASSOCIATES LLC A 147183 COST PA VISION FOUNDATION B 80000 COST 400 LYDIA STREET ASSOCIATES LLC K 214518 COST VISION BENEFITS OF AMERICA II INC L 812701 COST VISION BENEFITS OF AMERICA II INC P 3938025 COST VISION BENEFITS OF AMERICA II INC Q 2603332 COST PENNSYLVANIA VISION FOUNDATION Q 166173 COST Schedule R, Part V, Line 2 TRANSACTIONS WITH RELATED ORGANIZATIONS DURING THE TAX YEAR ENDED DECEMBER 31, 2024, VISION BENEFITS OF AMERICA ENGAGED IN THE FOLLOWING TRANSACTIONS WITH RELATED ORGANIZATIONS: - VISION BENEFITS OF AMERICA PAID GRANTS IN THE AMOUNT OF $80,000 TO PA VISION FOUNDATION. - VISION BENEFITS OF AMERICA RECEIVED MANAGEMENT FEES IN THE AMOUNT OF $812,701 FROM VISION BENEFITS OF AMERICA II, INC. - VISION BENEFITS OF AMERICA REIMBURSED VISION BENEFITS OF AMERICA II, INC. $3,938,025 FOR PREMIUMS COLLECTED. - VISION BENEFITS OF AMERICA RECEIVED REIMBURSEMENT FROM VISION BENEFITS OF AMERICA II, INC. IN THE AMOUNT OF $2,603,332 FOR CLAIMS PAID. - VISION BENEFITS OF AMERICA RECEIVED REIMBURSEMENT FROM PA VISION FOUNDATION IN THE AMOUNT OF $166,173 FOR CLAIMS PAID. - VISION BENEFITS OF AMERICA RECEIVED INTEREST INCOME OF $147,183 ON LOANS TO 400 LYDIA STREET ASSOCIATES LLC. - VISION BENEFITS OF AMERICA PAID RENT OF $214,518 TO 400 LYDIA STREET ASSOCIATES LLC FOR THE USE OF OFFICE SPACE.