Oregon Optometric Physicians Association
- Assets
- $1.1m
- Revenue
- $476.8k
- Investments
- $0.0
- Employees
- 4
- Location
- Milwaukie, OR
- Founding
- 08/1945
- Data as of
- 12/2023
- EIN
- 93-0387759
Organization Overview
Oregon Optometric Physicians Association is located in Milwaukie, OR. The organization was established in 1945. 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, Oregon Optometric Physicians Association employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Oregon Optometric Physicians Association 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, Oregon Optometric Physicians Association generated $476.8k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.3% each year. All expenses for the organization totaled $509.1k during the year ending 12/2023. While expenses have increased by 4.7% per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE, PROTECT AND ADVANCE THE PROFESSIONAL PRACTICE OF OPTOMETRY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATION AND MEETINGS: THE ASSOCIATION SPONSORS CLASSES, CONVENTIONS AND MEETINGS AT WHICH MEMBERS CAN EXCHANGE INFORMATION AND ATTEND COURSES, MEETING THE REQUIREMENTS FOR LICENSURE.
COMMUNICATIONS: THE ORGANIZATION PRODUCES AND PERIODICALLY DISTRIBUTES ELECTRONIC MEMBERSHIP UPDATES CONTAINING MEMBER FEATURES, CURRENT RESEARCH AND CLINICAL TECHNIQUES. THE E-DISTRIBUTION AND ADDITIONAL RESOURCES ARE DELIVERED TO ALL MEMBERS AND IS ALSO AVAILABLE TO MEMBERS ONLINE THROUGH THE ASSOCIATION'S WEBSITE. THE ORGANIZATION ALSO PROVIDES WIDESPREAD PUBLIC EDUCATION ON THE NEED FOR REGULAR EYE EXAMS AND SERVICES THAT DOCTORS OF OPTOMETRY CAN PROVIDE, LOANS OF LOW VISION EQUIPMENT, AND PROVIDES VISION INFORMATION DISPLAYS FOR MEMBERS TO USE FOR PRESENTATIONS.
THE ORGANIZATION, STAFF, AND VOLUNTEERS RESEARCH AND MONITOR LEGISLATIVE, ADMINISTRATIVE, AND POLITICAL DEVELOPMENTS THAT AFFECT POSITIVELY OR NEGATIVELY ON OREGON EYE HEALTH. PRIMARILY, PATIENT SAFETY AND CLINICAL ISSUES, AS WELL AS THIRD PARTY IMPACT ON THE ABILITY OF MEMBERS TO PRACTICE THE PROFESSION OF OPTOMETRY TO THE HIGHEST CLINICAL STANDARDS AND BREADTH OF THEIR LICENSURE. STAFF AND VOLUNTEERS WORK WITH PAID LOBBYISTS TO EDUCATE LEGISLATORS AND REGULATORS ON THE IMPORTANCE OF IN PERSON COMPREHENSIVE EYE EXAMS AND TOTAL EYE HEALTH CARE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Geoff Knapp Executive Dir. | Officer | 40 | $98,845 |
Lynne Olson Dir. Of Ops | Officer | 40 | $73,247 |
Dr Derri J Sandberg President | OfficerTrustee | 1 | $0 |
Dr Craig E Bowen President Elect | OfficerTrustee | 1 | $0 |
Dr Yelena Galuza Sec/treas | OfficerTrustee | 1 | $0 |
Dr Nathaniel Roland Im. Past Pres | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $231,721 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $59,245 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $290,966 |
| Total Program Service Revenue | $163,722 |
| Investment income | $4 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$6,160 |
| 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 | $476,796 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $800 |
| 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. | $196,829 |
| Compensation of current officers, directors, key employees. | $74,801 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $7,189 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $4,381 |
| Payroll taxes | $16,463 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $48,000 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $10,686 |
| Advertising and promotion | $10,000 |
| Office expenses | $14,365 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $4,155 |
| Travel | $34,905 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $117,244 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $5,697 |
| Insurance | $3,906 |
| All other expenses | $0 |
| Total functional expenses | $509,081 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $427,461 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $289,525 |
| Investments—publicly traded securities | $360,552 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,077,538 |
| Accounts payable and accrued expenses | $3,884 |
| Grants payable | $0 |
| Deferred revenue | $149,816 |
| 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 | $7,355 |
| Total liabilities | $161,055 |
| Net assets without donor restrictions | $916,483 |
| 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 | $1,077,538 |
Grants Awarded
Over the last fiscal year, Oregon Optometric Physicians Association has awarded $67,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
OR FOUND FOR VISION AWARENESS PURPOSE: GENERAL OPERATIONS | $10,000 |
OREGON OPTOMETRIC PAC PURPOSE: GENERAL OPERATIONS | $30,000 |
PAC U COLLEGE OF OPTOMETRY PURPOSE: SCHOLARSHIPS | $27,000 |