Contact Lens Manufacturers Association Inc
- Assets
- $338.8k
- Revenue
- $374.6k
- Investments
- $0.0
- Employees
- 1
- Location
- Lincoln, NE
- Founding
- 06/1970
- Data as of
- 12/2022
- EIN
- 23-7073347
Organization Overview
Contact Lens Manufacturers Association Inc is located in Lincoln, NE. The organization was established in 1970. According to its NTEE Classification (G41) the organization is classified as: Eye Diseases, Blindness & Vision Impairments, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Contact Lens Manufacturers Association Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2022, Contact Lens Manufacturers Association Inc generated $374.6k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.8%) each year. All expenses for the organization totaled $407.8k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
EDUCATION TO MANUFACTURERS, EYECARE PROFESSIONALS & CONSUMER ON CUSTOM CONTACT LENSES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ADMINISTRATION & COST TO DEVELOP & IMPLEMENT EDUCATIONAL PROGRAMS TO EDUCATE MEMBERSHIP (MANUFACTURERS AND SUPPLIERS), OPTOMETRIC SCHOOLS, EYECARE PROFESSIONALS AND CONSUMERS ON CUSTOM CONTACT LENSES VIA VIDEO TAPE, CD-ROM PUBLICATIONS, SPEAKERS, CONVENTIONS, WORKSHOPS AND SEMINARS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cindy Belliveau Director | Trustee | 1 | $0 |
Mike Fischer Director | Trustee | 0.75 | $0 |
Andy Jackson Director | Trustee | 0.5 | $0 |
Troy Miller Director | Trustee | 1.5 | $0 |
Chris Pantle Director | Trustee | 1.5 | $0 |
Keith Parker Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $373,313 |
| Investment income | $1,055 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $255 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $374,623 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $228,906 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $68,848 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $2,735 |
| Payroll taxes | $5,334 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $23,000 |
| Fees for services: Accounting | $4,410 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $3,816 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $5,177 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $314 |
| Insurance | $0 |
| All other expenses | $2,932 |
| Total functional expenses | $407,806 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $29,080 |
| Savings and temporary cash investments | $247,931 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $58,681 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $2,651 |
| Net Land, buildings, and equipment | $415 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $338,758 |
| Accounts payable and accrued expenses | $46,431 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $46,431 |
| Net assets without donor restrictions | $292,327 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $338,758 |