Totals
- Total revenue
- $7,793,207
- Total expenses
- $7,798,243
- Contributions and grants received
- $99,570
- Grants paid
- $0
- Program service revenue
- $7,035,272
- Investment income
- $2,889
- Other revenue
- $655,476
- Total assets, end of year
- $2,853,142
- Total liabilities, end of year
- $2,000,036
- Net assets or fund balances, end of year
- $853,106
- Program services expenses (Part IX)
- $6,285,107
- Management and general expenses
- $1,513,136
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $6,285,107
Program services were 80.6% 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.
-
1e · Government grants (contributions)
$5,000
-
1f · All other contributions, gifts and grants
$94,570
-
1g · Noncash contributions included above
$19,570
-
2a · Program service revenue: EDUCATIONAL SERVICES FEE FROM AFF
total $3,229,560 · related or exempt $3,229,560
-
2b · Program service revenue: PROF. SERVICE AGREEMENTS
total $2,189,627 · related or exempt $2,189,627
-
2c · Program service revenue: NET PATIENT CARE REVENUE
total $1,616,085 · related or exempt $1,616,085
-
3 · Investment income
total $3,774 · excluded $3,774
-
7a · Gross sales of assets other than inventory
securities $24,709
-
7b · Less cost or other basis and sales expenses
securities $25,594
-
7c · Gain or loss
securities -$885
-
7d · Net gain or loss
total -$885 · excluded -$885
-
10a · Gross sales of inventory
$1,284,060
-
10b · Cost of goods sold
$642,747
-
10c · Net income from sales of inventory
total $641,313 · related or exempt $641,313
-
11a · Other revenue: OPERATING INCOME
total $14,163 · related or exempt $14,163
-
11e · Other revenue, total
$14,163
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $358,006 · program services $358,006
-
7 · Other salaries and wages
total $4,009,287 · program services $3,731,284 · management and general $278,003
-
8 · Pension plan contributions
total $313,161 · program services $292,348 · management and general $20,813
-
9 · Other employee benefits
total $428,519 · program services $400,039 · management and general $28,480
-
10 · Payroll taxes
total $344,554 · program services $321,654 · management and general $22,900
-
11b · Fees: legal
total $8,875 · program services $309 · management and general $8,566
-
11c · Fees: accounting
total $11,850 · management and general $11,850
-
11g · Fees: other
total $123,525 · program services $104,905 · management and general $18,620
-
13 · Office expenses
total $20,438 · program services $20,252 · management and general $186
-
14 · Information technology
total $90,207 · program services $9,374 · management and general $80,833
-
16 · Occupancy
total $474,051 · program services $444,032 · management and general $30,019
-
17 · Travel
total $11,303 · program services $3,142 · management and general $8,161
-
19 · Conferences, conventions and meetings
total $6,808 · program services $5,605 · management and general $1,203
-
20 · Interest
total $19,940 · program services $19,940
-
22 · Depreciation, depletion and amortization
total $334,548 · program services $334,548
-
23 · Insurance
total $77,334 · management and general $77,334
-
24a · Other expenses: ADMIN. SERVICE FEE
total $920,000 · management and general $920,000
-
24b · Other expenses: TELEPHONE
total $73,610 · program services $73,610
-
24c · Other expenses: BANK AND CREDIT CARD PR
total $55,870 · program services $55,870
-
24d · Other expenses: SUPPLIES
total $49,872 · program services $49,872
-
24e · All other expenses
total $66,485 · program services $60,317 · management and general $6,168
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $151,212 · end of year $115,083
-
3 · Pledges and grants receivable
beginning of year $8,634 · end of year $8,160
-
4 · Accounts receivable
beginning of year $325,587 · end of year $296,352
-
8 · Inventories for sale or use
beginning of year $141,124
-
9 · Prepaid expenses and deferred charges
beginning of year $83,291 · end of year $212,384
-
10a · Land, buildings and equipment: cost or other basis
$5,187,093
-
10b · Land, buildings and equipment: accumulated depreciation
$3,978,383
-
10c · Land, buildings and equipment, net
beginning of year $1,395,406 · end of year $1,208,710
-
11 · Investments: publicly traded securities
beginning of year $102,235 · end of year $109,838
-
15 · Other assets
beginning of year $0 · end of year $902,615
-
17 · Accounts payable and accrued expenses
beginning of year $284,817 · end of year $250,810
-
19 · Deferred revenue
beginning of year $135,989 · end of year $22,731
-
25 · Other liabilities
beginning of year $933,577 · end of year $1,726,495
-
27 · Net assets without donor restrictions
beginning of year $790,027 · end of year $789,562
-
28 · Net assets with donor restrictions
beginning of year $63,079 · end of year $63,544
Mission and programs · 2022
Mission
TO IMPROVE THE VISUAL HEALTH OF POPULATIONS THROUGH EXCELLENCE IN COLLABORATIVE AND COMMUNITY-ORIENTED PATIENT CARE, EDUCATION AND RESEARCH.
Activities or mission (Part I)
SEE PART III, LINE 1 FOR MISSION STATEMENT
-
OWNED AND OPERATED CLINICS: NEW ENGLAND EYE (NEEI), DBA NECO CENTER FOR EYE CARE, IS THE PATIENT CARE AND TEACHING AFFILIATE OF THE NEW ENGLAND COLLEGE OF OPTOMETRY (NECO). THE COMMONWEALTH AND ROSLINDALE EYE CENTERS ARE OWNED AND OPERATED BY NEEI. A SIGNIFICANT PORTION OF THE STUDENT'S EARLY CLINICAL EDUCATION EXPERIENCES OCCUR AT THESE LOCATIONS SERVING OVER 15,000 PATIENT VISITS ANNUALLY. SERVICES OFFERED INCLUDE PRIMARY EYE CARE, LOW VISION REHABILITATION, PEDIATRIC EYE CARE, VISION THERAPY, MYOPIA CONTROL, CONTACT LENSES, AND OPTICIAN SERVICES.
Expenses $3,399,036 · Revenue $2,271,561
-
COMMUNITY HEALTH CENTERS: OUR DOCTORS AND STUDENTS PROVIDE EYE CARE SERVICES TO APPROXIMATELY 65,000 PATIENT VISITS ANNUALLY AT 14 MASSACHUSETTS COMMUNITY HEALTH CENTERS WITHIN THE NETWORK OF NEIGHBORHOOD-BASED PRIMARY CARE CLINICS. THIS MODEL OF CARE EXPOSES OUR STUDENTS TO A DIVERSE POPULATION, AND ALLOWS THEM TO EXPERIENCE THE DELIVERY OF HEALTH/EYE CARE IN A CULTURALLY COMPETENT AND INTERDISCIPLINARY SETTING.
Expenses $2,712,707 · Revenue $2,168,927
-
SCHOOLS AND OUTREACH: OUR SCHOOLS AND OUTREACH PROGRAMS PROVIDE AN ARRAY OF SERVICES TO THE HOMELESS, ADULTS AND CHILDREN WITH INTELLECTUAL DISABILITIES, AND INDIVIDUALS WHO ARE LEGALLY BLIND OR VISUALLY IMPAIRED. SERVICES INCLUDE VISION SCREENINGS, COMPREHENSIVE EYE EXAMS, AND LOW VISION REHABILITATION. CARE IS PROVIDED WITH PARTNERS THAT INCLUDE PUBLIC SCHOOLS, HOMELESS SHELTERS, LOCAL GOVERNMENTS, AND COMMUNITY BASED ORGANIZATIONS. NEEI'S SCHOOLS AND OUTREACH PROGRAMS SERVICE APPROXIMATELY 5,000 PATIENTS ANNUALLY THROUGHOUT MASSACHUSETTS.
Expenses $173,364 · Revenue $20,700
-
NEW ENGLAND EYE INSTITUTE, INC. PROVIDES CLINICAL EDUCATION SERVICES TO ITS AFFILIATE THE NEW ENGLAND COLLEGE OF OPTOMETRY. NOTE THAT EXPENSES FOR THESE SERVICES ARE INCLUDED IN ITEMS 4A, 4B, AND 4C ABOVE.
Revenue $3,229,560
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Athanasios PanorgiasATHANASIOS PANORGIAS
TRUSTEE/PROFESSOR
- Total calculated
- $170,153
- From this org
- $0
- From related orgs
- $144,157
- Other
- $25,996
- Hours/week
- 3 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $142,539 related
- Bonus
- $0 + $1,000 related
- Other
- $0 + $618 related
- Deferred
- $0 + $12,775 related
- Nontaxable benefits
- $0 + $13,221 related
- Filer's total
- $0 + $170,153 related
-
Howard PurcellHOWARD PURCELL
PRESIDENT
- Total calculated
- $634,709
- From this org
- $0
- From related orgs
- $573,960
- Other
- $60,749
- Hours/week
- 0 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $457,133 related
- Bonus
- $0 + $112,524 related
- Other
- $0 + $4,303 related
- Deferred
- $0 + $27,450 related
- Nontaxable benefits
- $0 + $33,299 related
- Filer's total
- $0 + $634,709 related
-
Melvin Ming CPAMELVIN MING CPA
TRUSTEE
- Total calculated
- $0
- Hours/week
- 3 + 3 related
-
Jon Marcus CFP AifJON MARCUS CFP AIF
TRUSTEE
- Total calculated
- $0
- Hours/week
- 3 + 3 related
-
Andrew Morgenstern Od Faao FnANDREW MORGENSTERN OD FAAO FN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 3 + 3 related
-
Richard N Small CPARICHARD N SMALL CPA
TRUSTEE (UNTIL 10/15/22)
- Total calculated
- $0
- Hours/week
- 3 + 3 related
-
Robert Ryan CPA CgmaROBERT RYAN CPA CGMA
TRUSTEE (UNTIL 10/15/22)
- Total calculated
- $0
- Hours/week
- 3 + 3 related
-
Valarie RicciardiVALARIE RICCIARDI
TRUSTEE
- Total calculated
- $0
- Hours/week
- 3 + 3 related
-
Rachel Negris OdRACHEL NEGRIS OD
TRUSTEE
- Total calculated
- $0
- Hours/week
- 3 + 3 related
-
Joseph P Zolner EdDJOSEPH P ZOLNER EDD
TRUSTEE
- Total calculated
- $0
- Hours/week
- 3 + 3 related
-
Colin L Leitch MdivCOLIN L LEITCH MDIV
TRUSTEE
- Total calculated
- $0
- Hours/week
- 3 + 3 related
-
Myron Allukian Jr DDS MPHMYRON ALLUKIAN JR DDS MPH
TRUSTEE
- Total calculated
- $0
- Hours/week
- 3 + 3 related
-
Linda Bennett OdLINDA BENNETT OD
TRUSTEE
- Total calculated
- $0
- Hours/week
- 3 + 3 related
-
Robert Meenan MD MPH MBAROBERT MEENAN MD MPH MBA
TRUSTEE
- Total calculated
- $0
- Hours/week
- 3 + 3 related
-
Ronald R Ferrucci OdRONALD R FERRUCCI OD
TRUSTEE
- Total calculated
- $0
- Hours/week
- 3 + 3 related
-
Susan Primo OdSUSAN PRIMO OD
TRUSTEE
- Total calculated
- $0
- Hours/week
- 3 + 3 related
-
Kristen Griebel OdKRISTEN GRIEBEL OD
BOARD CHAIR
- Total calculated
- $0
- Hours/week
- 3 + 3 related
-
Richard Heller JDRICHARD HELLER JD
BOARD VICE CHAIR
- Total calculated
- $0
- Hours/week
- 3 + 3 related
-
Dorothy L Hitchmoth OdDOROTHY L HITCHMOTH OD
TRUSTEE
- Total calculated
- $0
- Hours/week
- 3 + 3 related
-
Stephen N Kirnon MBA EdDSTEPHEN N KIRNON MBA EDD
TRUSTEE (UNTIL 10/15/22)
- Total calculated
- $0
- Hours/week
- 3 + 3 related
-
Janet LabreckJANET LABRECK
TRUSTEE (UNTIL 12/01/22)
- Total calculated
- $23,333
- From this org
- $0
- From related orgs
- $23,333
- Other
- $0
- Hours/week
- 3 + 3 related
-
Alan Glazier OdALAN GLAZIER OD
TRUSTEE
- Total calculated
- $0
- Hours/week
- 3 + 3 related
-
Ashley TortoraASHLEY TORTORA
SECRETARY/ADMIN MANAGER
- Total calculated
- $85,496
- From this org
- $0
- From related orgs
- $68,510
- Other
- $16,986
- Hours/week
- 0 + 40 related
-
Traci LoganTRACI LOGAN
TREASURER/EVP/CFO/COO
- Total calculated
- $514,245
- From this org
- $0
- From related orgs
- $473,574
- Other
- $40,671
- Hours/week
- 0 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $383,043 related
- Bonus
- $0 + $66,180 related
- Other
- $0 + $24,351 related
- Deferred
- $0 + $27,450 related
- Nontaxable benefits
- $0 + $13,221 related
- Filer's total
- $0 + $514,245 related
-
Timothy BossieTIMOTHY BOSSIE
SR DIR OWNED CLINICS AND OUTREACH
- Total calculated
- $220,627
- From this org
- $172,025
- From related orgs
- $0
- Other
- $48,602
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $165,203
- Bonus
- $6,000
- Other
- $822
- Deferred
- $15,303
- Nontaxable benefits
- $33,299
- Filer's total
- $220,627
-
Amy R MoyAMY R MOY
SR DIR CHC INITIATIVES AND COMPLIANCE
- Total calculated
- $178,031
- From this org
- $156,861
- From related orgs
- $0
- Other
- $21,170
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $150,037
- Bonus
- $6,000
- Other
- $824
- Deferred
- $14,070
- Nontaxable benefits
- $7,100
- Filer's total
- $178,031
-
Anita GulmiriANITA GULMIRI
ASST PROFESSOR CLINICAL OPTOMETRY
- Total calculated
- $217,594
- From this org
- $164,107
- From related orgs
- $0
- Other
- $53,487
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $162,457
- Bonus
- $1,000
- Other
- $650
- Deferred
- $12,358
- Nontaxable benefits
- $41,129
- Filer's total
- $217,594
-
Mark W O'DonoghueMARK W O'DONOGHUE
ASST PROFESSOR CLINICAL OPTOMETRY
- Total calculated
- $183,115
- From this org
- $149,670
- From related orgs
- $0
- Other
- $33,445
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $146,972
- Bonus
- $1,150
- Other
- $1,548
- Deferred
- $13,101
- Nontaxable benefits
- $20,344
- Filer's total
- $183,115
-
Daniel BastianDANIEL BASTIAN
ASST PROFESSOR CLINICAL OPTOMETRY
- Total calculated
- $161,044
- From this org
- $142,893
- From related orgs
- $0
- Other
- $18,151
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $141,234
- Bonus
- $1,000
- Other
- $659
- Deferred
- $12,646
- Nontaxable benefits
- $5,505
- Filer's total
- $161,044
-
Crystal LewandowskiCRYSTAL LEWANDOWSKI
ASST PROFESSOR CLINICAL OPTOMETRY
- Total calculated
- $176,080
- From this org
- $126,036
- From related orgs
- $0
- Other
- $50,044
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $124,404
- Bonus
- $1,000
- Other
- $632
- Deferred
- $12,198
- Nontaxable benefits
- $37,846
- Filer's total
- $176,080
-
Phyllis AndrejkoPHYLLIS ANDREJKO
CLINICAL ASST PROFESSOR
- Total calculated
- $177,499
- From this org
- $152,226
- From related orgs
- $0
- Other
- $25,273
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $151,071
- Bonus
- $0
- Other
- $1,155
- Deferred
- $13,752
- Nontaxable benefits
- $11,521
- Filer's total
- $177,499
-
Nicole B QuinnNICOLE B QUINN
FORMER TRUSTEE/PROFESSOR
- Total calculated
- $179,353
- From this org
- $0
- From related orgs
- $133,594
- Other
- $45,759
- Hours/week
- 0 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $131,575 related
- Bonus
- $0 + $1,200 related
- Other
- $0 + $819 related
- Deferred
- $0 + $12,593 related
- Nontaxable benefits
- $0 + $33,166 related
- Filer's total
- $0 + $179,353 related
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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Form 990 of other organizations
- 3 · Compensation survey or study
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
THE NEW ENGLAND COLLEGE OF OPTOMETRY
501(C)(3) · PROFESSIONAL GRADUATE SCHOOL OF OPTOMETRY · MA
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 8 February 2024
- IRS schema version
- 2022v5.0
- Source object
- 202430719349300108
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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