Opticians Association Of Massachusetts Inc is located in Medway, MA. The organization was established in 1987. 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. Opticians Association Of Massachusetts 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 12/2022, Opticians Association Of Massachusetts Inc generated $98.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (8.7%) each year. All expenses for the organization totaled $88.7k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (8.6%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
PROVIDE EDUCATION TO THOSE ALREADY IN THE OPTOMETRY FIELD AND PROVIDE SCHOLARSHIPS TO THOSE INTERESTED IN PURSUING A FORMAL EDUCATION IN THE OPTOMETRY FIELD.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lisa Bourque President | 2 | $0 | |
Blair Wong Executive Direc | 20 | $28,000 | |
Kyle Beaudet Director | 5 | $0 | |
Olivia Bartlett Treasurer | 5 | $0 | |
Jaclyn Ledoux Vice President | 5 | $0 | |
Cassandra Hains Secretary | 5 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $98,214 |
| Investment income | $33 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $98,247 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $28,000 |
| Professional fees and other payments to independent contractors | $1,850 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $58,802 |
| Total expenses | $88,652 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $125,237 |
| Other assets | $0 |
| Total assets | $125,687 |
| Total liabilities | $0 |
| Net assets or fund balances | $125,687 |