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← AMERICAN OPTOMETRIC ASSOCIATION INC

Form 990 for tax year 2023

Filed by AMERICAN OPTOMETRIC ASSOCIATION INC.

Totals

Total revenue
$27,583,858
Total expenses
$30,401,115
Contributions and grants received
$0
Grants paid
$426,500
Program service revenue
$25,642,444
Investment income
$1,504,517
Other revenue
$436,897
Total assets, end of year
$42,206,796
Total liabilities, end of year
$19,819,619
Net assets or fund balances, end of year
$22,387,177
Program services expenses (Part IX)
not reported
Management and general expenses
not reported
Fundraising expenses
not reported
Program service expenses (Part III)
$0

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 $18,726,395 · related or exempt $18,726,395

  • 2b · Program service revenue: MEMBERSHIP SERVICES

    total $3,175,310 · related or exempt $1,553,520 · excluded $1,621,790

  • 2c · Program service revenue: ANNUAL CONVENTION

    total $3,740,727 · excluded $3,740,727

  • 2d · Program service revenue: OTHER PROGRAM SERVICE REVENUE

    total $12 · excluded $12

  • 2f · All other program service revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 5 · Royalties

    total $1,989 · excluded $1,989

  • 6a · Gross rents

    real property $9,492

  • 6b · Less rental expenses

    real property $116,218

  • 6c · Rental income or loss

    real property -$106,726 · personal property $0

  • 6d · Net rental income or loss

    total -$106,726 · related or exempt -$106,726

  • 7a · Gross sales of assets other than inventory

    securities $5,562,727

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

    securities $4,058,210

  • 7c · Gain or loss

    securities $1,504,517 · other assets $0

  • 7d · Net gain or loss

    total $1,504,517 · excluded $1,504,517

  • 10a · Gross sales of inventory

    $205,069

  • 10b · Cost of goods sold

    $67,376

  • 10c · Net income from sales of inventory

    total $137,693 · unrelated business $137,693

  • 11a · Other revenue: ADVERTISING AND SUBSCRIPTION

    total $283,941 · unrelated business $283,941

  • 11b · Other revenue: OTHER

    total $120,000 · related or exempt $120,000

  • 11d · All other revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 11e · Other revenue, total

    $403,941

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $426,500

  • 4 · Benefits paid to or for members

    total $372,202

  • 5 · Compensation of officers, directors and key employees

    total $2,327,141

  • 7 · Other salaries and wages

    total $6,824,811

  • 8 · Pension plan contributions

    total $349,909

  • 9 · Other employee benefits

    total $916,564

  • 10 · Payroll taxes

    total $566,247

  • 11b · Fees: legal

    total $35,655

  • 11c · Fees: accounting

    total $84,626

  • 11f · Fees: investment management

    total $89,856

  • 11g · Fees: other

    total $6,239,726

  • 12 · Advertising and promotion

    total $197,314

  • 13 · Office expenses

    total $811,651

  • 14 · Information technology

    total $789,625

  • 16 · Occupancy

    total $482,091

  • 17 · Travel

    total $2,918,949

  • 19 · Conferences, conventions and meetings

    total $5,256,446

  • 20 · Interest

    total $288,392

  • 21 · Payments to affiliates

    total $218,451

  • 22 · Depreciation, depletion and amortization

    total $657,172

  • 23 · Insurance

    total $152,330

  • 24a · Other expenses: PROFESSIONAL DUES

    total $213,816

  • 24b · Other expenses: STAFF TRAINING, RECRUITMENT, AND RETENTION

    total $92,360

  • 24c · Other expenses: EQUIPMENT RENTAL & MAINTENANCE

    total $57,337

  • 24d · Other expenses: MISCELLANEOUS

    total $31,944

  • 24e · All other expenses

    total $0

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $1,189,641 · end of year $1,553,600

  • 4 · Accounts receivable

    beginning of year $3,520,436 · end of year $2,912,188

  • 5 · Loans and receivables from officers and key people

    beginning of year $0 · end of year $0

  • 6 · Loans and receivables from disqualified persons

    beginning of year $0 · end of year $0

  • 8 · Inventories for sale or use

    beginning of year $35,460 · end of year $39,521

  • 9 · Prepaid expenses and deferred charges

    beginning of year $820,416 · end of year $774,147

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

    $16,180,966

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

    $8,898,773

  • 10c · Land, buildings and equipment, net

    beginning of year $7,777,210 · end of year $7,282,193

  • 11 · Investments: publicly traded securities

    beginning of year $22,958,229 · end of year $24,154,621

  • 12 · Investments: other securities

    beginning of year $0

  • 13 · Investments: program-related

    beginning of year $0

  • 15 · Other assets

    beginning of year $5,289,930 · end of year $5,490,526

  • 17 · Accounts payable and accrued expenses

    beginning of year $1,972,320 · end of year $1,637,458

  • 19 · Deferred revenue

    beginning of year $1,994,647 · end of year $1,810,550

  • 22 · Loans and payables to officers and key people

    beginning of year $0 · end of year $0

  • 23 · Secured mortgages and notes payable

    beginning of year $4,776,179 · end of year $4,245,543

  • 24 · Unsecured notes and loans payable

    beginning of year $1,000,000 · end of year $4,000,000

  • 25 · Other liabilities

    beginning of year $8,407,581 · end of year $8,126,068

  • 27 · Net assets without donor restrictions

    beginning of year $23,440,595 · end of year $22,387,177

Mission and programs · 2023

Mission

HEALTH CARE AND PUBLIC POLICY RELATED TO EYE CARE WILL UNIFORMLY RECOGNIZE OPTOMETRISTS AS PRIMARY HEALTH CARE PROVIDERS AND ENSURE THE PUBLIC HAS ACCESS TO THE FULL SCOPE OF OPTOMETRIC CARE. OPTOMETRISTS AND OTHER PROFESSIONALS WILL LOOK TO THE AMERICAN OPTOMETRIC ASSOCIATION FOR PROFESSIONAL STANDARDS, RESEARCH AND EDUCATION LEADERSHIP THAT SERVE TO ENHANCE AND ENSURE COMPETENT, QUALITY PATIENT CARE. THE PUBLIC, OPTOMETRISTS AND OTHER PROFESSIONALS WILL TURN TO THE AMERICAN OPTOMETRIC ASSOCIATION FOR RELIABLE AND CURRENT INFORMATION RELATED TO OPTOMETRY EYE CARE AND HEALTH CARE POLICY.

Activities or mission (Part I)

THE AOA MISSION IS TO ADVOCATE FOR THE PROFESSION AND SERVE DOCTORS OF OPTOMETRY IN MEETING THE HEALTH AND VISION CARE NEEDS OF THE PUBLIC.

  • ADVOCACY WORKS TO PROTECT AND ENHANCE HEALTH CARE AND PUBLIC POLICY RELATING TO EYE CARE AND TO ENSURE FULL PUBLIC ACCESS TO THE ENTIRE SCOPE OF OPTOMETRIC CARE

  • COMMUNICATIONS MANAGES THE PUBLIC AFFAIRS CAMPAIGN FOR OPTOMETRIC AWARENESS ISSUES AND MANAGES/RELEASES INFORMATION ON ISSUES AFFECTING THE PROFESSION OF OPTOMETRY.

  • EDUCATION OFFERS PROFESSIONAL DEVELOPMENT AND CONTINUING EDUCATION RESOURCES TO DOCTORS, PARAOPTOMETRICS AND STUDENTS THROUGH ONGOING LEARNING EXPERIENCES THAT SUPPORT THE PRACTICE OF CONTEMPORARY OPTOMETRY.

As filed on the 2023 return.

Listed in Part VII

  • JACQUELINE M BOWEN OD

    Vice-President

    Total calculated
    $58,216
    From this org
    $58,216
    From related orgs
    $0
    Other
    $0
    Hours/week
    17 + 2 related

  • ROBERT C LAYMAN OD

    Immediate Past-President

    Total calculated
    $51,190
    From this org
    $51,190
    From related orgs
    $0
    Other
    $0
    Hours/week
    13

  • RONALD L BENNER OD

    President

    Total calculated
    $112,618
    From this org
    $112,618
    From related orgs
    $0
    Other
    $0
    Hours/week
    28

  • STEVEN T REED OD

    President-Elect

    Total calculated
    $65,089
    From this org
    $65,089
    From related orgs
    $0
    Other
    $0
    Hours/week
    19 + 4 related

  • TERI GEIST OD

    Secretary-Treasurer

    Total calculated
    $50,064
    From this org
    $50,064
    From related orgs
    $0
    Other
    $0
    Hours/week
    18 + 2 related

  • WILLIAM T REYNOLDS OD

    IMMEDIATE PAST PRESIDENT

    Total calculated
    $25,189
    From this org
    $25,189
    From related orgs
    $0
    Other
    $0
    Hours/week
    8

  • BELINDA STARKEY OD

    TRUSTEE

    Total calculated
    $58,284
    From this org
    $58,284
    From related orgs
    $0
    Other
    $0
    Hours/week
    14 + 2 related

  • CURTIS A ONO OD

    TRUSTEE

    Total calculated
    $38,970
    From this org
    $38,970
    From related orgs
    $0
    Other
    $0
    Hours/week
    14

  • MARGARET MARIE READ OD

    TRUSTEE

    Total calculated
    $45,735
    From this org
    $45,735
    From related orgs
    $0
    Other
    $0
    Hours/week
    12 + 2 related

  • PAUL BARNEY OD

    TRUSTEE

    Total calculated
    $39,837
    From this org
    $39,837
    From related orgs
    $0
    Other
    $0
    Hours/week
    10 + 4 related

  • Tad Kosanovich OD

    Trustee

    Total calculated
    $19,436
    From this org
    $19,436
    From related orgs
    $0
    Other
    $0
    Hours/week
    6

  • TERESA A GOSSARD OD

    TRUSTEE

    Total calculated
    $45,869
    From this org
    $45,869
    From related orgs
    $0
    Other
    $0
    Hours/week
    15

  • JONATHAN F HYMES

    EXECUTIVE DIRECTOR

    Total calculated
    $551,605
    From this org
    $520,338
    From related orgs
    $0
    Other
    $31,267
    Hours/week
    40 + 2 related

    Schedule J breakdown matched by us

    Base
    $493,250
    Bonus
    $0
    Other
    $27,088
    Deferred
    $18,150
    Nontaxable benefits
    $13,117
    Filer's total
    $551,605

  • RYAN P HAYES

    CHIEF FIN/TECH OFFICER

    Total calculated
    $299,460
    From this org
    $260,631
    From related orgs
    $0
    Other
    $38,829
    Hours/week
    40 + 2 related

    Schedule J breakdown matched by us

    Base
    $248,418
    Bonus
    $10,000
    Other
    $2,213
    Deferred
    $13,734
    Nontaxable benefits
    $25,095
    Filer's total
    $299,460

  • DEIRDRE MIDDLETON

    CHIEF COMMUNICATIONS OFFICER

    Total calculated
    $288,342
    From this org
    $249,617
    From related orgs
    $0
    Other
    $38,725
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $237,335
    Bonus
    $10,000
    Other
    $2,282
    Deferred
    $12,528
    Nontaxable benefits
    $26,197
    Filer's total
    $288,342

  • KARA WEBB

    CHIEF STRATEGY OFFICER

    Total calculated
    $300,410
    From this org
    $254,892
    From related orgs
    $0
    Other
    $45,518
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $244,044
    Bonus
    $10,000
    Other
    $848
    Deferred
    $14,269
    Nontaxable benefits
    $31,249
    Filer's total
    $300,410

  • REBECCA HILDEBRAND

    CHIEF OPERATING OFFICER

    Total calculated
    $276,827
    From this org
    $260,336
    From related orgs
    $0
    Other
    $16,491
    Hours/week
    40 + 8 related

    Schedule J breakdown matched by us

    Base
    $248,284
    Bonus
    $10,000
    Other
    $2,052
    Deferred
    $13,888
    Nontaxable benefits
    $2,603
    Filer's total
    $276,827

  • ADRIANNE DROLLETTE

    DIRECTOR OF ALLIANCES/PLANNING

    Total calculated
    $250,723
    From this org
    $227,470
    From related orgs
    $0
    Other
    $23,253
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $216,631
    Bonus
    $10,000
    Other
    $839
    Deferred
    $12,556
    Nontaxable benefits
    $10,697
    Filer's total
    $250,723

  • DANIEL CAREY

    CHIEF ADVOCACY OFFICER, STATE

    Total calculated
    $271,015
    From this org
    $230,093
    From related orgs
    $0
    Other
    $40,922
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $228,863
    Bonus
    $0
    Other
    $1,230
    Deferred
    $12,968
    Nontaxable benefits
    $27,954
    Filer's total
    $271,015

  • MATTHEW WILLETTE

    CHIEF ADVOCACY OFFICER, FED

    Total calculated
    $294,500
    From this org
    $246,928
    From related orgs
    $0
    Other
    $47,572
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $240,308
    Bonus
    $5,000
    Other
    $1,620
    Deferred
    $13,358
    Nontaxable benefits
    $34,214
    Filer's total
    $294,500

  • MICHAEL STOKES

    GENERAL COUNSEL

    Total calculated
    $263,799
    From this org
    $215,133
    From related orgs
    $0
    Other
    $48,666
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $208,201
    Bonus
    $5,000
    Other
    $1,932
    Deferred
    $12,364
    Nontaxable benefits
    $36,302
    Filer's total
    $263,799

  • RODNEY PEELE

    EXECUTIVE DIR, CENTER FOR IND

    Total calculated
    $264,519
    From this org
    $245,127
    From related orgs
    $0
    Other
    $19,392
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $243,359
    Bonus
    $500
    Other
    $1,268
    Deferred
    $13,649
    Nontaxable benefits
    $5,743
    Filer's total
    $264,519

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

  • 1a · Travel for companions
  • 1a · Tax indemnification and gross-up payments
  • 1a · Health or social club dues or initiation fees
  • 1b · Written policy on the line-1a expenses
  • 2 · Substantiation required before reimbursing expenses
  • 3 · Compensation committee
  • 3 · Form 990 of other organizations
  • 3 · Written employment contract
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement

The filer's explanations (Part III)

Schedule J, Part I, Line 1a Travel for companions
TRAVEL FOR COMPANIONS WAS PROVIDED TO PAUL BARNEY, RONALD BENNER, JACQUELINE BOWEN, TERI GEIST, TERESA GOSSARD, TED KOSANOVICH, MARGARET MARIE READ, STEVEN REED, WILLIAM REYNOLDS AND BELINDA STARKEY. THIS REIMBURSEMENT WAS GROSSED UP AND INCLUDED IN THEIR TAXABLE INCOME.
Schedule J, Part I, Line 1a Tax indemnification and gross-up payments
CELL PHONE REIMBURSEMENT WAS PROVIDED TO JONATHAN HYMES, RYAN HAYES, REBECCA HILDEBRAND, DEIRDRE MIDDLETON, MATTHEW WILLETTE, KARA WEBB, RODNEY PEELE, DANIEL CAREY, ADRIANNE DROLLETTE AND MICHAEL STOKES. AUTO REIMBURSEMENT WAS PROVIDED TO JONATHAN HYMES. BOTH THE CELL PHONE REIMBURSEMENT AND AUTO REIMBURSEMENT WERE GROSSED UP AND INCLUDED IN THEIR TAXABLE INCOME.
Schedule J, Part I, Line 1a Health or social club dues or initiation fees
FITNESS CLUB OR GYM REIMBURSEMENT WAS PROVIDED TO JONATHAN HYMES, RYAN HAYES, REBECCA HILDEBRAND, DEIRDRE MIDDLETON, KARA WEBB, ADRIANNE DROLLETTE, RODNEY PEELE, MICHAEL STOKES AND MATTHEW WILLETTE. THIS REIMBURSEMENT WAS NOT GROSSED UP BUT WAS INCLUDED IN THE RECIPIENT'S TAXABLE INCOME.

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

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.

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.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • AOAEXCEL INC

    C Corporation · MEMBERSHIP SERVICES · MO · 100% owned · share of income $1,624,363 · share of assets $1,091,042 · controlled entity

    Directly controlled by AOA

Provenance

Return type
form_990
Tax year
2023
Filed
1 November 2024
IRS schema version
2023v5.1
Source object
202433069349302188

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