Arizona Optometric Association Inc
- Assets
- $1.3m
- Revenue
- $934.9k
- Investments
- $286.1k
- Employees
- 2
- Location
- Scottsdale, AZ
- Founding
- 11/1958
- Data as of
- 12/2022
- EIN
- 86-6050628
Organization Overview
Arizona Optometric Association Inc is located in Scottsdale, AZ. The organization was established in 1958. 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 12/2022, Arizona Optometric Association Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Arizona 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, Arizona Optometric Association Inc generated $934.9k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.4% each year. All expenses for the organization totaled $751.8k during the year ending 12/2022. 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
ADVOCATE OF EYE CARE PROFESSION
Describe the Organization's Program Activity:
Part 3 - Line 4a
EYE DISEASES, BLINDNESS & VISION IMPAIRMENTS RESEARCH EDUCATIONAL PROGRAMS & MATERIALS PROVIDED TO OPTOMETRISTS & THE GENERAL PUBLIC ON TECHNICAL ADVANCES 400 OPTOMETRISTS, GENERAL PUBLIC
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Stacey Meier Executive Dir. | Trustee | 40 | $78,600 |
Dr Armanae Mancha Director | Trustee | 1 | $0 |
Dr Joshua Baker Director | Trustee | 1 | $0 |
Danielle Remington Director | Trustee | 1 | $0 |
Logan Ragan Director | Trustee | 1 | $0 |
Dr Justin Jones Treasurer | Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $566,303 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $5,500 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $571,803 |
| Total Program Service Revenue | $323,490 |
| Investment income | $27,810 |
| 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 | $934,936 |
| 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. | $78,600 |
| Compensation of current officers, directors, key employees. | $78,600 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $57,224 |
| Pension plan accruals and contributions | $2,358 |
| Other employee benefits | $0 |
| Payroll taxes | $11,065 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $85,582 |
| Fees for services: Accounting | $4,101 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $1,967 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $26,342 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $204,038 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $10,427 |
| Insurance | $3,262 |
| All other expenses | $32,041 |
| Total functional expenses | $751,766 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $580,416 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $7,108 |
| 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 | $7,050 |
| Net Land, buildings, and equipment | $377,750 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $286,077 |
| Investments—program-related | $0 |
| Intangible assets | $2,641 |
| Other assets | $797 |
| Total assets | $1,261,839 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $77,877 |
| 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 | $129,744 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $2 |
| Total liabilities | $207,623 |
| Net assets without donor restrictions | $1,054,216 |
| 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 | $1,261,839 |