West Virginia Optometric Assoc
- Assets
- $283.3k
- Revenue
- $417.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Charleston, WV
- Founding
- 09/1980
- Data as of
- 12/2022
- EIN
- 55-0598478
Organization Overview
West Virginia Optometric Assoc, operating under the name West Virginia Association Of Optometric Physicians, is located in Charleston, WV. The organization was established in 1980. 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. West Virginia Association Of Optometric Physicians 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, West Virginia Association Of Optometric Physicians generated $417.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.7% each year. All expenses for the organization totaled $337.4k 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
CONTINUING EDUCATION FOR THE MEMBERS, INFORMATION TO THE MEMBER AND TO THE COMMUNITY, SERVICES TO THE COMMUNITY TO EDUCATION MEMBERS OF THE COMMUNITY TO UDATED OPTICAL SERVICES AND/OR NEW LAWS CONCERNING OPTICAL SERVICES AND
Describe the Organization's Program Activity:
Part 3 - Line 4a
LINE 24A AOA DUES DUES TO THE NATIONAL ORGANIZATION NECESSARY THAT OUR MEMBERS BE KEPT CURRENT ON THE MOST RECENT DEVELOPMENTS, PROCEDURES AND LAWS
LINE 19 -- CONFERENCES, CONVENTIONS & MEETINGS . AT LEAST THREE EDUCATIONAL SEMINARS EACH YEAR FOR DOCTORS OF OPTOMETRY (FORM MEMBERS AND ALL ODS) AVERAGE ATTENDANCE 200. OTHER MEETINGS --SERVICE & VOLUNTEER COMMITTEE MEETINGS
LINE 24B,24D, 24F PROGRAM SERVICES TO THE COMMUNITY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Shawn Sammons President | OfficerTrustee | 2 | $0 |
Dr Kayla Campbell President-Elect | OfficerTrustee | 2 | $0 |
Dr Laura Suppa Vice-President | OfficerTrustee | 1 | $0 |
Dr Ben Mize Secretary-Treasurer | OfficerTrustee | 3 | $0 |
Dr Nathan Stevens Immediate Past President | OfficerTrustee | 1 | $0 |
Dr Chris Ratcliff Trustee | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $188,024 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,500 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $191,524 |
| Total Program Service Revenue | $225,991 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| 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 | $417,515 |
| 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 | $112,970 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,029 |
| 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 | $14,914 |
| 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 | $123,827 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $622 |
| All other expenses | $14,446 |
| Total functional expenses | $337,381 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $307,711 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | -$70,839 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $46,391 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $283,263 |
| Accounts payable and accrued expenses | $16,651 |
| 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 | $16,651 |
| Net assets without donor restrictions | $0 |
| 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 | $266,612 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $283,263 |