Wisconsin Optometric Asociation
- Assets
- $1.8m
- Revenue
- $750.0k
- Investments
- $441.1k
- Employees
- 0
- Location
- Madison, WI
- Founding
- 11/1937
- Data as of
- 12/2021
- EIN
- 39-0840526
Organization Overview
Wisconsin Optometric Asociation is located in Madison, WI. The organization was established in 1937. 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. Wisconsin Optometric Asociation 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 12/2021, Wisconsin Optometric Asociation generated $750.0k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.8%) each year. All expenses for the organization totaled $700.5k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (1.1%) per year over the past 7 years. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
A NONPROFIT AFFILIATE OF LICENSED OPTOMETRISTS AND ASSOCIATED BUSINESSES DEDICATED TO THE PRESERVATION AND ENHANCEMENT OF THE VISION WELFARE OF THE PEOPLE OF WISCONSIN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROMOTES EDUCATION AND PUBLIC AWARENESS OF THE OPTOMETRYPROFESSION SO AS TO IMPROVE THE DELIVERY OF VISION CARE THROUGHCOMMUNICATION AND ADVOCACY EFFORTS. THE ORGANIZATION HOLDS 4 EDUCATION EVENTS PER YEAR WITH TOTAL ATTENDANCE OF APPROXIMATELY 580 DOCTORS OF OPTOMETRY. THE ORGANIZATION OFFERS CONTINUING EDUCATION FOR DOCTORS OF OPTOMETRY SO THEY CAN MEET THEIR RE-LICENSURE REQUIREMENTS AND ALSO STAY ABREAST OF THE MOST CURRENT TRENDS IN EYE CARE TO BETTER CARE FOR THEIR PATIENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Amber Dentz Od Immediate Past President | OfficerTrustee | 3 | $0 |
Christine Renner Od President | OfficerTrustee | 5 | $0 |
Andrew Nahas Od Treasurer | OfficerTrustee | 3 | $0 |
Deb Barnett Od Secretary | OfficerTrustee | 3 | $0 |
Tessa Sokol Od President Elect | OfficerTrustee | 5 | $0 |
Ryan Ames Vice President | OfficerTrustee | 5 | $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 | $709,677 |
| Investment income | $25,358 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $14,942 |
| 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 | $749,977 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $480,744 |
| Fees for services: Legal | $434 |
| Fees for services: Accounting | $5,410 |
| Fees for services: Lobbying | $36,000 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $25,382 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $3,916 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $133,322 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $398 |
| Insurance | $3,818 |
| All other expenses | $0 |
| Total functional expenses | $700,524 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,108,156 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $951 |
| 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 | $0 |
| Net Land, buildings, and equipment | $243 |
| Investments—publicly traded securities | $200,390 |
| Investments—other securities | $441,095 |
| Investments—program-related | $0 |
| Intangible assets | $79 |
| Other assets | $0 |
| Total assets | $1,750,914 |
| Accounts payable and accrued expenses | $269,313 |
| Grants payable | $0 |
| Deferred revenue | $150,231 |
| 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 | $419,544 |
| Net assets without donor restrictions | $1,331,370 |
| 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 | $1,750,914 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Beyond Vision Inc Milwaukee, WI | $23,591,708 | $9,394,034 |
National Society To Prevent Blindness Chicago, IL | $17,829,229 | $4,816,823 |
Vision Forward Association Incorporated Milwaukee, WI | $6,770,094 | $2,817,896 |
Penrickton Center For Blind Children Taylor, MI | $14,000,121 | $4,048,500 |
Center For Sight & Hearing Rockford, IL | $9,055,491 | $458,096 |
Horizons For The Blind Inc Crystal Lake, IL | $4,367,983 | $2,299,343 |
Duluth Lighthouse For The Blind Inc Duluth, MN | $1,822,072 | $1,499,575 |
Blindness-Learning In New Dimensions Inc Minneapolis, MN | $1,379,551 | $1,622,923 |
Iowa Optometric Association West Des Moines, IA | $3,760,263 | $1,289,293 |
Wisconsin Council Of The Blind & Visually Impaired Inc Madison, WI | $11,120,842 | $1,458,735 |
Second Sense Chicago, IL | $725,024 | $1,432,456 |
National Society To Prevent Blindness Milwaukee, WI | $1,000,091 | $878,132 |