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Nonprofiteer
← COLORADO OPTOMETRIC ASSOCIATION INC

Form 990 for tax year 2022

Filed by COLORADO OPTOMETRIC ASSOCIATION INC.

Totals

Total revenue
$1,142,448
Total expenses
$913,727
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$1,013,712
Investment income
$93,832
Other revenue
$34,904
Total assets, end of year
$3,410,505
Total liabilities, end of year
$173,978
Net assets or fund balances, end of year
$3,236,527
Program services expenses (Part IX)
$913,727
Management and general expenses
$0
Fundraising expenses
$0
Program service expenses (Part III)
not reported

Program services were 100.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 2a · Program service revenue: MEMBERSHIP DUES

    total $686,238 · unrelated business $0 · excluded $0

  • 2b · Program service revenue: EVENTS

    total $43,651 · unrelated business $0 · excluded $0

  • 2c · Program service revenue: SPONSORSHIPS

    total $128,138 · unrelated business $0 · excluded $0

  • 2d · Program service revenue: OTHER PROGRAM REVENUE

    total $155,685 · unrelated business $0 · excluded $0

  • 3 · Investment income

    total $74,994 · unrelated business $0 · excluded $74,994

  • 5 · Royalties

    total $29,879 · related or exempt $0 · unrelated business $0 · excluded $29,879

  • 7a · Gross sales of assets other than inventory

    securities $234,087 · other assets $0

  • 7b · Less cost or other basis and sales expenses

    securities $205,822 · other assets $9,427

  • 7c · Gain or loss

    securities $28,265 · other assets -$9,427

  • 7d · Net gain or loss

    total $18,838 · related or exempt $0 · unrelated business $0 · excluded $18,838

  • 11a · Other revenue: ADVERTISING

    total $5,025 · related or exempt $0 · unrelated business $5,025 · excluded $0

  • 11e · Other revenue, total

    $5,025

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $183,454 · program services $183,454 · management and general $0 · fundraising $0

  • 7 · Other salaries and wages

    total $213,819 · program services $213,819 · management and general $0 · fundraising $0

  • 8 · Pension plan contributions

    total $7,914 · program services $7,914 · management and general $0 · fundraising $0

  • 9 · Other employee benefits

    total $24,806 · program services $24,806 · management and general $0 · fundraising $0

  • 10 · Payroll taxes

    total $11,416 · program services $11,416 · management and general $0 · fundraising $0

  • 11b · Fees: legal

    total $3,030 · program services $3,030 · management and general $0 · fundraising $0

  • 11c · Fees: accounting

    total $8,454 · program services $8,454 · management and general $0 · fundraising $0

  • 11d · Fees: lobbying

    total $80,667 · program services $80,667 · management and general $0 · fundraising $0

  • 11f · Fees: investment management

    total $11,941 · program services $11,941 · management and general $0 · fundraising $0

  • 11g · Fees: other

    total $39,179 · program services $39,179 · management and general $0 · fundraising $0

  • 12 · Advertising and promotion

    total $100 · program services $100 · management and general $0 · fundraising $0

  • 13 · Office expenses

    total $2,031 · program services $2,031 · management and general $0 · fundraising $0

  • 14 · Information technology

    total $13,953 · program services $13,953 · management and general $0 · fundraising $0

  • 16 · Occupancy

    total $19,173 · program services $19,173 · management and general $0 · fundraising $0

  • 17 · Travel

    total $24,782 · program services $24,782 · management and general $0 · fundraising $0

  • 19 · Conferences, conventions and meetings

    total $39,571 · program services $39,571 · management and general $0 · fundraising $0

  • 22 · Depreciation, depletion and amortization

    total $16,185 · program services $16,185 · management and general $0 · fundraising $0

  • 23 · Insurance

    total $6,721 · program services $6,721 · management and general $0 · fundraising $0

  • 24a · Other expenses: SPECIAL PROGRAMS & PROJECTS

    total $76,402 · program services $76,402 · management and general $0 · fundraising $0

  • 24b · Other expenses: POSTAGE AND PRINTING

    total $45,836 · program services $45,836 · management and general $0 · fundraising $0

  • 24c · Other expenses: PROPERTY TAX

    total $9,000 · program services $9,000 · management and general $0 · fundraising $0

  • 24d · Other expenses: SUBSCRIPTIONS

    total $2,829 · program services $2,829 · management and general $0 · fundraising $0

  • 24e · All other expenses

    total $72,464 · program services $72,464 · management and general $0 · fundraising $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $655,734 · end of year $1,004,353

  • 2 · Savings and temporary cash investments

    beginning of year $309,390 · end of year $430,716

  • 3 · Pledges and grants receivable

    end of year $110,139

  • 9 · Prepaid expenses and deferred charges

    end of year $17,000

  • 10a · Land, buildings and equipment: cost or other basis

    $500,592

  • 10b · Land, buildings and equipment: accumulated depreciation

    $183,719

  • 10c · Land, buildings and equipment, net

    beginning of year $339,459 · end of year $316,873

  • 11 · Investments: publicly traded securities

    beginning of year $2,158,334 · end of year $1,531,424

  • 17 · Accounts payable and accrued expenses

    beginning of year $11,024 · end of year $3,584

  • 19 · Deferred revenue

    beginning of year $157,754 · end of year $170,394

  • 27 · Net assets without donor restrictions

    beginning of year $3,294,139 · end of year $3,236,527

Mission and programs · 2022

Mission

SERVICE TO OPTOMETRIC COMMUNITY.

  • VIRTUAL CONFERENCING PROGRAMS PROVIDED TO MEMBERS AND OTHERS FOR PANDEMIC ISSUES AND FOR CONTINUING PROFESSIONAL EDUCATION.

  • PUBLICATION OF A MONTHLY INDUSTRY NEWSLETTER AND PRACTICE ADVISORIES ANNOUNCING CHANGES IN FEDERAL AND STATE LAWS AFFECTING OPTOMETRY.

  • THE "2020 EYES COLORADO" CAMPAIGN IS DESIGNED TO EDUCATE THE PUBLIC IN COLORADO ON THE NEED FOR BETTER VISION HEALTH, MOTIVATE THEM TO SCHEDULE THEIR ANNUAL EYE EXAM AND LINK THEM TO AN EYE DOCTOR IF THEY DO NOT ALREADY HAVE ONE.

As filed on the 2022 return.

Listed in Part VII

  • Ronald Mearsha Od

    PRESIDENT

    Total calculated
    $0
    Hours/week
    4

  • Scott Middlemist Od

    PRESIDENT-ELECT

    Total calculated
    $0
    Hours/week
    4

  • Megan Borden Od

    SECRETARY-TREASURER

    Total calculated
    $0
    Hours/week
    2

  • Jean Demoss Od Faao

    IMMEDIATE PAST PRESIDENT

    Total calculated
    $0
    Hours/week
    2

  • Alpa Patel Od

    REGION 1 TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Bryce Brown Od

    REGION 2 TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Michael Koditek Od

    REGION 3 TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Ben Marske Od

    REGION 4 TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Matthew Scott Od

    REGION 5 TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Eric Strautman Od

    REGION 6 TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Jenna Steffan Od

    REGION 7 TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Sheryl J Benjamin

    EXECUTIVE DIRECTOR (TO JULY, 2022)

    Total calculated
    $125,453
    From this org
    $117,494
    From related orgs
    $0
    Other
    $7,959
    Hours/week
    40

  • Kristine L Ekeren

    EXECUTIVE DIRECTOR (FROM AUG, 2022)

    Total calculated
    $58,001
    From this org
    $52,183
    From related orgs
    $0
    Other
    $5,818
    Hours/week
    40

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

  • COA HOLDING LLC

    OFFICE SPACE OWNERSHIP · CO

    Directly controlled by THE COLORADO OPTOMETRIC ASSOCIATION

Provenance

Return type
form_990
Tax year
2022
Filed
12 May 2023
IRS schema version
2022v5.0
Source object
202311339349301711

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