Montana Optometric Association
- Assets
- $660.8k
- Revenue
- $256.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Helena, MT
- Founding
- 10/1972
- Data as of
- 12/2021
- EIN
- 81-0331594
Organization Overview
Montana Optometric Association is located in Helena, MT. The organization was established in 1972. 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. Montana Optometric 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 12/2021, Montana Optometric Association generated $256.1k 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 (3.7%) each year. All expenses for the organization totaled $289.9k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (1.1%) per year over the past 7 years. 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
TO PROMOTE OPTOMETRIC INTERESTS
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONFERENCES & CONTINUING EDUCATION
TO PROMOTE OPTOMETRIC INTEREST IN THE STATE OF MONTANA
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Abby Thompson Od Immediate Past President | OfficerTrustee | 1 | $0 |
Michael Monson Od First Vice-President | OfficerTrustee | 1 | $0 |
Caitlyn Campbell Od Second Vice-President | OfficerTrustee | 1 | $0 |
Nicole Henriksen Od President | OfficerTrustee | 1 | $0 |
Randy Hoch Od Member | Trustee | 1 | $0 |
Sue A Weingartner See Sched L Executive Dir/register Agent | Trustee | 40 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $195,153 |
| 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 | $195,153 |
| Total Program Service Revenue | $60,663 |
| Investment income | $251 |
| 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 | $256,067 |
| 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. | $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 | $112,882 |
| Fees for services: Legal | $9,619 |
| Fees for services: Accounting | $473 |
| Fees for services: Lobbying | $2,655 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $713 |
| 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 | $22,309 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $15,606 |
| Total functional expenses | $289,872 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $159,524 |
| Savings and temporary cash investments | $499,314 |
| 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 | $2,000 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $660,838 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $635,838 |
| Net assets with donor restrictions | $25,000 |
| 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 | $660,838 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Envision Sight Inc Boise, ID | $1,682,917 | $1,205,904 |
South Dakota Lions Foundation Inc Sioux Falls, SD | $1,254,538 | $233,178 |
Lifesight Rapid City, SD | $3,352,549 | $423,757 |
Montana Optometric Association Helena, MT | $660,838 | $256,067 |
South Dakota Optometric Society Pierre, SD | $906,951 | $376,821 |
Idaho Optometric Physicians Inc Meridian, ID | $480,026 | $259,170 |
Valley Vision Inc Lewiston, ID | $252,558 | $278,477 |
Montana Association For The Blind Inc Bozeman, MT | $1,545,573 | $226,715 |
North Dakota Optometric Assn Bismarck, ND | $1,171,628 | $267,639 |
Northern Rockies Optometric Conference Cheyenne, WY | $44,912 | $0 |
North Dakota Association Of The Blind Incorporated West Fargo, ND | $594,032 | $89,915 |
Special Friends Of Cheyenne Inc Cheyenne, WY | $238,731 | $126,430 |