Utah Ophthalmological Society
- Assets
- $464.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 1
- Location
- Sandy, UT
- Founding
- 10/1988
- Data as of
- 12/2021
- EIN
- 74-2506447
Organization Overview
Utah Ophthalmological Society is located in Sandy, UT. The organization was established in 1988. 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. Utah Ophthalmological Society 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, Utah Ophthalmological Society generated $112.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (5.8%) each year. All expenses for the organization totaled $122.6k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (5.9%) per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE THE HIGHEST STANDARD OF EYE CARE THROUGH EDUCATION, LEGISLATION AND ADHERENCE TO AN ESTABLISHED CODE OF ETHICS. THE SOCIETY SHALL PROVIDE ITS MEMBERS OPPORTUNITIES FOR MAINTAINING AND UPGRADING THEIR OPHTHALMIC KNOWLEDGE THROUGH REGULAR CONTINUING EDUCATION MEETINGS OFFERED TO MEMBERS AND NON-MEMBERS IN UTAH AND THE CONTIGUOUS STATES.
Describe the Organization's Program Activity:
Part 3
THE SOCIETY PROVIDES EDUCATIONAL MEETINGS DURING THE YEAR FOR MEMBER PHYSICIANS. THE LARGEST OF THESE IS THE WINTER MEETING HELD IN FEBRUARY. THE SOCIETY IS ACCREDITED BY THE UTAH MEDICAL ASSOCIATION TO PROVIDE CONTINUING MEDICAL EDUCATION FOR PHYSICIANS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Adam Bowman MD President | 0 | $0 | |
Bradley Katz MD President Elect | 0 | $0 | |
Christian Hess MD President | 1 | $0 | |
Darcy Wolsey Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,562 |
| Total Program Service Revenue | $35,075 |
| Membership dues | $60,649 |
| Investment income | $8,326 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $112,612 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $98,715 |
| Professional fees and other payments to independent contractors | $10,925 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $151 |
| Other expenses | $12,833 |
| Total expenses | $122,624 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $464,894 |
| Other assets | $0 |
| Total assets | $464,894 |
| Total liabilities | $0 |
| Net assets or fund balances | $464,894 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Utah Ophthalmological Society has recieved totaling $29,000.
| Awarding Organization | Amount |
|---|---|
American Academy Of Ophthalmology Inc San Francisco, CA PURPOSE: SCOPE OF SURGERY CAMPAIGNS | $29,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
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 |
Eye Care For Kids Midvale, UT | $6,626,664 | $3,461,621 |
Olson Huntsman Vision Foundation Salt Lake City, UT | $602,010 | $188,543 |
Arizona Center For The Blind And Visually Impaired Phoenix, AZ | $1,661,480 | $2,113,389 |
United States Association For Blind Athletes Inc Colorado Springs, CO | $1,136,004 | $998,179 |
Envision Sight Inc Boise, ID | $1,682,917 | $1,205,904 |
Arizona Optometric Association Inc Scottsdale, AZ | $1,159,907 | $953,489 |
Colorado Optometric Association Inc Denver, CO | $3,462,917 | $1,110,225 |
Arizona Lions Vision And Hearing Foundation Of Multiple District 21 Phoenix, AZ | $1,650,482 | $555,663 |
Restore Sight International St George, UT | $273,406 | $812,499 |