Nebraska Optometric Association Inc
- Assets
- $429.5k
- Revenue
- $811.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Lincoln, NE
- Founding
- 04/1949
- Data as of
- 12/2022
- EIN
- 47-0483133
Organization Overview
Nebraska Optometric Association Inc is located in Lincoln, NE. The organization was established in 1949. 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. Nebraska 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 12/2022, Nebraska Optometric Association Inc generated $811.6k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 0.4% each year. All expenses for the organization totaled $879.7k during the year ending 12/2022. While expenses have increased by 2.4% per year over the past 4 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO IMPROVE THE QUALITY, AVAILABILITY AND ACCESSIBILITY OF EYE AND VISION CARE IN NEBRASKA; TO REPRESENT THE OPTOMETRIC PROFESSION TO GOVERNMENT, THIRD PARTIES, AND THE PUBLIC; TO ASSIST MEMBERS IN CONDUCTING THEIR PRACTICES SUCCESSFULLY IN ACCORDANCE WITH THE HIGHEST STANDARDS OF PATIENT CARE AND EFFICIENCY; TO DEVELOP A SENSE OF COMMUNITY AMONG MEMBERS, THEREBY CREATING COMMITMENT TO THE PROFESSION OF OPTOMETRY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEMINARS, CONFERENCES, MEETINGS AND PUBLICATIONS TO DISPERSE INFORMATION TO THE MEMBERS FOR THE ADVANCEMENT OF THE PROFESSION OF OPTOMETRY
LOBBYING AND VARIOUS OTHER SERVICES FOR THE PROFESSION
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marc Lassalle Cnp Membership S | Trustee | 1.5 | $0 |
Dave Mcbride Consultant | Trustee | 1.5 | $0 |
Amy Devries Od Past Preside | OfficerTrustee | 1.5 | $0 |
Chris Rupp Od Secretary/tr | OfficerTrustee | 2 | $0 |
Faith Schneider Od Vice-Preside | OfficerTrustee | 2 | $0 |
Jason Webb Od Director | Trustee | 1.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $14,963 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $14,963 |
| Total Program Service Revenue | $758,611 |
| Investment income | $7,429 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $15,277 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $811,645 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $13,531 |
| 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 | $254,000 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $845 |
| Fees for services: Lobbying | $41,344 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $36,720 |
| Advertising and promotion | $104,439 |
| Office expenses | $52,510 |
| 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 | $156,902 |
| Interest | $0 |
| Payments to affiliates | $202,079 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $879,693 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $106,310 |
| Savings and temporary cash investments | $16,790 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $18 |
| 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 | $1,804 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $304,574 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $429,496 |
| Accounts payable and accrued expenses | $65,538 |
| Grants payable | $0 |
| Deferred revenue | $95,828 |
| 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 | $161,366 |
| Net assets without donor restrictions | $214,537 |
| Net assets with donor restrictions | $53,593 |
| 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 | $429,496 |