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Nonprofit · EIN 72-0502570

SOUTHERN EYE-BANK

Tax-exempt · NEW ORLEANS, LA 70130

Financials

$252K$689K2023$404K$502K2024
Revenue Expenses · by fiscal year end
Financials of SOUTHERN EYE-BANK by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$404,488$501,563-$97,075$11,666,403$18,168$11,648,235
December 31, 2023990$252,392$689,327-$436,935$11,157,646$19,983$11,137,663
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$1,000
Program service revenue
$0
Investment income
$403,488
Net gain from sales of assets
$99,616
Other revenue
$0

Expenses

Grants and similar amounts paid
$369,920
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Program services (functional)
$369,920
Management and general (functional)
$131,643

Balance sheet and other

Total assets, start of year
$11,157,646
Total assets, end of year
$11,666,403
Total liabilities, end of year
$18,168
Net assets, end of year
$11,648,235
Publicly traded securities
$10,867,906
Net assets without donor restrictions
$11,648,235
Gross receipts
$2,812,479
Employees
0
Volunteers
15
Year formed
1947
State of legal domicile
LA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
HON CAMILLE BURAS-TIFFTPRESIDENT
Trustee or director, Officer
2$0
DAVID KENNEDY MDVICE PRESIDENT
Trustee or director, Officer
2$0
CHARLES F SEEMAN IIISECRETARY
Trustee or director, Officer
2$0
CLE DABEZIESTREASURER
Trustee or director, Officer
2$0
BRUCE BARRON MDBOARD MEMBER
Trustee or director
2$0
MARIA BERNAL MDBOARD MEMBER
Trustee or director
2$0
FATHER JAMES CARTERBOARD MEMBER
Trustee or director
2$0
MAURICE GAUDET IVBOARD MEMBER
Trustee or director
2$0
CLIFFORD A HENDRICKS III MDBOARD MEMBER
Trustee or director
2$0
PETER KASTL MDBOARD MEMBER
Trustee or director
2$0
GINNY KULLMAN MDBOARD MEMBER
Trustee or director
2$0
REBECCA METZINGER MDBOARD MEMBER
Trustee or director
2$0
BELVA MISSHORE-PICHONBOARD MEMBER
Trustee or director
2$0
PULIN SHAH MDBOARD MEMBER
Trustee or director
2$0
PETER SPERLINGBOARD MEMBER
Trustee or director
2$0
990 for the year ended December 31, 2023: 15 people
NameTitleHours / weekCompensation
HON CAMILLE BURAS-TIFFTPRESIDENT
Trustee or director, Officer
2$0
DAVID KENNEDY MDVICE PRESIDENT
Trustee or director, Officer
2$0
CHARLES F SEEMAN IIISECRETARY
Trustee or director, Officer
2$0
CLE DABEZIESTREASURER
Trustee or director, Officer
2$0
BRUCE BARRON MDBOARD MEMBER
Trustee or director
2$0
MARIA BERNAL MDBOARD MEMBER
Trustee or director
2$0
FATHER JAMES CARTERBOARD MEMBER
Trustee or director
2$0
MAURICE GAUDET IVBOARD MEMBER
Trustee or director
2$0
CLIFFORD A HENDRICKS III MDBOARD MEMBER
Trustee or director
2$0
PETER KASTL MDBOARD MEMBER
Trustee or director
2$0
GINNY KULLMAN MDBOARD MEMBER
Trustee or director
2$0
REBECCA METZINGER MDBOARD MEMBER
Trustee or director
2$0
BELVA MISSHORE-PICHONBOARD MEMBER
Trustee or director
2$0
PULIN SHAH MDBOARD MEMBER
Trustee or director
2$0
PETER SPERLINGBOARD MEMBER
Trustee or director
2$0

Address and contacts

Address (IRS master file)
919 ST CHARLES AVENUE, NEW ORLEANS, LA 70130-3903
Principal officer (990 for 2024)
DAVID KENNEDY MD, 919 ST CHARLES AVENUE, NEW ORLEANS, LA 70130
Signed the 990
DAVID KENNEDY MD, VICE PRESIDENT
Phone
(504) 598-4663
Return prepared by
LAPORTE APAC

Mission

THE SOUTHERN EYE BANK FOUNDATION SUPPORTS THE GREATER NEW ORLEANS FOUNDATION (GNOF), A COMMUNITY FOUNDATION, AND OTHER PUBLIC CHARITIES THAT PROMOTE AND ACHIEVE THE GOALS OF GNOF, WHICH GOALS INCLUDE THE ENRICHMENT OF LIFE IN THE GREATER NEW ORLEANS (CONTINUED ON SCH. O) AREA BY SERVING AS A CONDUIT FOR DONATIONS DEDICATED TO IMPROVE THE COMMUNITY, AND PARTICULARLY, NON-PROFIT ORGANIZATIONS THAT WORK TO SUPPORT THE ENHANCEMENT OF VISION AND EYECARE AND RELATED SERVICES FOR RESIDENTS IN SOUTHEAST LOUISIANA.

990 for the year ended December 31, 2024

Program accomplishments

  • THE SOUTHERN EYE BANK FOUNDATION SUPPORTS THE GREATER NEW ORLEANS FOUNDATION (GNOF), A COMMUNITY FOUNDATION, AND OTHER PUBLIC CHARITIES THAT PROMOTE AND ACHIEVE THE GOALS OF GNOF, WHOSE GOALS INCLUDE THE ENRICHMENT OF LIFE IN THE GREATER NEW ORLEANS AREA BY SERVING AS A CONDUIT FOR DONATIONS DEDICATED TO IMPROVE THE COMMUNITY, AND PARTICULARLY, NON-PROFIT ORGANIZATIONS THAT WORK TO SUPPORT THE ENHANCEMENT OF VISION AND EYECARE AND RELATED SERVICES FOR RESIDENTS IN SOUTHEAST LOUISIANA.
    Expenses $369,920 · grants $369,920

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
72-0502570
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization, Type I
Donations deductible (Pub 78)
Supporting organization, 50% limit
Exempt since
2023
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$11,666,403
Income (IRS master file)
$2,812,479

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$404,488$501,563$11,666,403XML
990December 2023$252,392$689,327$11,157,646XML
990December 2022$2,113,011$868,619$10,927,141IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 72-0502570).

Questions about SOUTHERN EYE-BANK

What is the EIN of SOUTHERN EYE-BANK?
The employer identification number (EIN) of SOUTHERN EYE-BANK is 72-0502570.
Is SOUTHERN EYE-BANK tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2023.
Are donations to SOUTHERN EYE-BANK tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
Which annual return does SOUTHERN EYE-BANK file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of SOUTHERN EYE-BANK due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did SOUTHERN EYE-BANK last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of SOUTHERN EYE-BANK?
The 990 for the year ended December 31, 2024 names DAVID KENNEDY MD.
Who are the officers and directors of SOUTHERN EYE-BANK?
The 990 for the year ended December 31, 2024 lists 15 people; 0 received compensation from the organization.
How much revenue does SOUTHERN EYE-BANK have?
On its 990 for the year ended December 31, 2024 it reported revenue of $404,488, expenses of $501,563 and total assets of $11,666,403 at year end.

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