Minnesota Optometric Association Inc

Organization Overview

Minnesota Optometric Association Inc is located in Bloomington, MN. The organization was established in 1962. 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. As of 12/2023, Minnesota Optometric Association Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Minnesota Optometric 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 12/2023, Minnesota Optometric Association Inc generated $781.3k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 1.9% each year. All expenses for the organization totaled $727.6k during the year ending 12/2023. While expenses have increased by 1.4% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

THE MINNESOTA OPTOMETRIC ASSOCIATION EMPOWERS AND DEVELOPS OUR MEMBERS TO PROVIDE EXCEPTIONAL EYE CARE TO ALL MINNESOTANS BY ENRICHING THEIR BUSINESSES WITH DYNAMIC EDUCATIONAL, NETWORKING, AND LEGISLATIVE TOOLS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

ANNUAL MEETING AND CONTINUING EDUCATION FOR APPROXIMATELY 200 OD'S AND STAFF OF ABOUT 60. EDUCATION IS TWO DAYS AND WE ALSO HOLD OUR ANNUAL BUSINESS MEETING AND ELECTION OF OFFICERS ALONG WITH AN EXHIBIT HALL.FALL MEETING WHICH WAS 2 DAYS OF EDUCATION FOR APPROXIMATELY 175 AND AN EXHIBIT HALL


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$425,789
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$425,789
Total Program Service Revenue$320,228
Investment income $26,401
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$8,617
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $781,324

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