Arizona Optometric Association Inc
- Assets
- $1.2m
- Revenue
- $953.5k
- Investments
- $316.9k
- Employees
- 2
- Location
- Scottsdale, AZ
- Founding
- 11/1958
- Data as of
- 12/2021
- EIN
- 86-6050628
Organization Overview
Arizona Optometric Association Inc is located in Scottsdale, AZ. The organization was established in 1958. 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 12/2021, Arizona Optometric Association Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Arizona 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 12/2021, Arizona Optometric Association Inc generated $953.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.9% each year. All expenses for the organization totaled $875.7k during the year ending 12/2021. While expenses have increased by 1.6% per year over the past 7 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
ADVOCATE OF EYE CARE PROFESSION
Describe the Organization's Program Activity:
Part 3 - Line 4a
EYE DISEASES, BLINDNESS & VISION IMPAIRMENTS RESEARCH EDUCATIONAL PROGRAMS & MATERIALS PROVIDED TO OPTOMETRISTS & THE GENERAL PUBLIC ON TECHNICAL ADVANCES 400 OPTOMETRISTS, GENERAL PUBLIC
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Stacey Meier Executive Dir. | Trustee | 40 | $78,600 |
Dr Jonathan Wold President | Officer | 1 | $0 |
Dr Justin Jones Treasurer | Officer | 1 | $0 |
Dr Dave Coulson President | Officer | 1 | $0 |
Dr Bart Pemberton Secretary | Officer | 1 | $0 |
Dr Beth Pyle-Smith President | Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $573,423 |
| 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 | $573,423 |
| Total Program Service Revenue | $293,795 |
| Investment income | $31,495 |
| 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 | $953,489 |
| 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. | $78,600 |
| Compensation of current officers, directors, key employees. | $78,600 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $57,144 |
| Pension plan accruals and contributions | $2,358 |
| Other employee benefits | $0 |
| Payroll taxes | $10,479 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $3,815 |
| Fees for services: Accounting | $8,020 |
| Fees for services: Lobbying | $78,885 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $230 |
| Information technology | $531 |
| Royalties | $0 |
| Occupancy | $21,484 |
| Travel | $14,453 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $180,844 |
| Interest | $743 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,921 |
| Insurance | $3,142 |
| All other expenses | $24,731 |
| Total functional expenses | $875,691 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $441,725 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $5,587 |
| 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 | $7,007 |
| Net Land, buildings, and equipment | $387,668 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $316,873 |
| Investments—program-related | $0 |
| Intangible assets | $250 |
| Other assets | $797 |
| Total assets | $1,159,907 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $81,275 |
| 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 | $149,116 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $3 |
| Total liabilities | $230,394 |
| Net assets without donor restrictions | $929,513 |
| 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 | $1,159,907 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Doheny Eye Institute Los Angeles, CA | $229,360,664 | $66,100,953 |
Foundation For Blind Children Phoenix, AZ | $30,302,492 | $12,774,867 |
Southern Arizona Association For The Visually Impaired Tucson, AZ | $10,878,580 | $6,203,130 |
Eye Care For Kids - Group Return Midvale, UT | $979,739 | $3,803,614 |
Vista Center For The Blind And Visually Impaired Palo Alto, CA | $12,198,427 | $3,251,858 |
Eye Care For Kids Midvale, UT | $6,626,664 | $3,461,621 |
Olson Huntsman Vision Foundation Salt Lake City, UT | $602,010 | $188,543 |
Association Of University Professors Of Ophthalmology Inc San Francisco, CA | $10,060,251 | $4,034,996 |
California Optometric Association Sacramento, CA | $10,978,851 | $3,280,771 |
International Council Of Ophthalmology Foundation San Francisco, CA | $280,929 | $270,113 |
Society For The Blind Sacramento, CA | $6,571,988 | $3,002,333 |
Restoringvision San Francisco, CA | $3,263,281 | $2,652,811 |