- Revenue 2024
- $31,939,924
- Expenses 2024
- $26,376,482
Program services were 71.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
As filed
- Subsection
- 03
- Classification
- 2000
- Street
- 424 BEACON ST
These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).
Mission and programs · 2024
Mission
SEE SCHEDULE OTHE MISSION OF NEW ENGLAND COLLEGE OF OPTOMETRY IS TO CHANGE THE WAY PEOPLE SEE THE WORLD.WE DO SO BY:- INTEGRATING INNOVATIVE EDUCATION WITH EARLY AND DIVERSE CLINICAL EXPERIENCES TO PREPARE TODAY'S OPTOMETRISTS FOR TOMORROW'S OPTOMETRY.- ADVANCING THE FRONTIERS OF OPTOMETRIC KNOWLEDGE THROUGH EVIDENCE-BASED RESEARCH AND THEN APPLYING THIS KNOWLEDGE TO IMPROVE PATIENTS' LIVES WORLDWIDE.- CULTIVATING COMPASSIONATE CARE OF THE HIGHEST LEVEL OF PROFICIENCY, INTEGRITY, AND PROFESSIONALISM; INFLUENCING PUBLIC POLICY; EXPANDING ACCESS TO COMPREHENSIVE AND SPECIALTY OPTOMETRIC SERVICES; AND EMPHASIZING A SENSITIVITY TO THE HEALTH AND SOCIAL WELFARE OF DIVERSE COMMUNITIES.
Activities or mission (Part I)
CHANGING THE WAY PEOPLE SEE THE WORLD THROUGH OPTOMETRIC EDUCATION, DISCOVERY AND SERVICE.
-
OPTOMETRIC EDUCATION (DIDACTIC INSTRUCTION AND CLINICAL TRAINING) - THE NEW ENGLAND COLLEGE OF OPTOMETRY IS AN INDEPENDENT GRADUATE SCHOOL THAT EDUCATES STUDENTS TO BECOME OUTSTANDING DOCTORS OF OPTOMETRY WHO EXEMPLIFY PROFESSIONALISM AND COMPASSION IN THE COMMUNITIES IN WHICH THEY SERVE. THE CURRICULUM OPTIMIZES THE SYNERGISTIC RELATIONSHIP BETWEEN THE DIDACTIC AND CLINICAL EXPERIENCE, UTILIZING BOTH TRADITIONAL AND INNOVATIVE PEDAGOGICAL PRACTICES TO ENSURE A LEARNING EXPERIENCE THAT IS STUDENT-CENTERED AND ENGAGING, AND REFLECTIVE OF THE EVOLVING LANDSCAPE OF EYE CARE, HEALTHCARE, AND HEALTHCARE POLICY. 538 STUDENTS WERE ENROLLED DURING THE YEAR ENDED 06/30/2025.
Expenses $17,310,448 · Grants $1,586,234 · Revenue $26,512,135
-
RESEARCH - THE COLLEGE ADVANCES THE FRONTIERS OF OPTOMETRIC KNOWLEDGE AND TRANSLATES THAT KNOWLEDGE TO IMPROVE PATIENTS' LIVES WORLDWIDE BY REDUCING VISION LOSS AND TRANSFORMING THE DELIVERY OF EYE CARE. NECO MAINTAINS AN INTERNATIONAL REPUTATION IN CLINICALLY RELEVANT AREAS OF RESEARCH INCLUDING MYOPIA, PEDIATRIC, LOW VISION REHABILITATION, AND VISION SCIENCE. FACULTY ACTIVELY ENGAGE IN RESEARCH SUPPORTED BY THE NIH, OTHER FEDERAL AGENCIES, FOUNDATIONS, AND INDUSTRY PARTNERS, WHILE MENTORING GRADUATE AND PROFESSIONAL STUDENTS WHO PARTICIPATE IN THESE PROJECTS. IN FY2025 THE COLLEGE RECEIVED REVENUE FROM 21 GRANTS AND CONTRACTS, 9 OF WHICH WERE SPONSORED BY U.S. DEPARTMENT OF HEALTH AND HUMAN SERVICES.
Expenses $1,249,225 · Revenue $775,439
-
INTERNATIONAL PROGRAMS - THE NEW ENGLAND COLLEGE OF OPTOMETRY IS COMMITTED TO THE DEVELOPMENT OF PARTNERSHIPS AND EDUCATIONAL PROGRAMS THAT ADVANCE THE QUALITY OF VISION AND EYE CARE GLOBALLY THROUGH PARTNERSHIPS AND SPONSORSHIPS WITH COLLEGES AND UNIVERSITIES IN EUROPE, ASIA AND THE MIDDLE EAST. NECO FACULTY HAVE PLAYED A KEY ROLE IN EXTENDING OPTOMETRIC EDUCATION TO OTHER COUNTRIES, INCLUDING CHINA, ISRAEL, AND SPAIN IN FY2025.
Expenses $218,847 · Grants $38,795 · Revenue $39,150
-
CONTINUING PROFESSIONAL EDUCATION - THE COLLEGE PROVIDES PATIENT-CENTERED, CLINICALLY RELEVANT EDUCATION TO SUPPORT LIFELONG LEARNING FOR OPTOMETRISTS.
Expenses $28,891 · Revenue $40,838
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Officers and directors · 2024
As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.
-
Howard PurcellHOWARD PURCELL
PRESIDENT
- Total calculated
- $714,722
- From this org
- $651,662
- From related orgs
- $0
- Other
- $63,060
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $487,509
- Bonus
- $156,512
- Other
- $7,641
- Deferred
- $31,050
- Nontaxable benefits
- $32,010
- Filer's total
- $714,722
-
Athanasios PanorgiasATHANASIOS PANORGIAS
TRUSTEE/PROFESSOR
- Total calculated
- $207,162
- From this org
- $177,697
- From related orgs
- $0
- Other
- $29,465
- Hours/week
- 40 + 3 related
Schedule J breakdown matched by us
- Base
- $176,954
- Bonus
- $0
- Other
- $743
- Deferred
- $15,172
- Nontaxable benefits
- $14,293
- Filer's total
- $207,162
-
Richard HellerRICHARD HELLER
BOARD CHAIR
- Total calculated
- $0
- Hours/week
- 3 + 3 related
-
Dorothy L HitchmothDOROTHY L HITCHMOTH
BOARD VICE CHAIR
- Total calculated
- $0
- Hours/week
- 3 + 3 related
-
Myron Allukian JrMYRON ALLUKIAN JR
TRUSTEE
- Total calculated
- $0
- Hours/week
- 3 + 3 related
-
Linda BennettLINDA BENNETT
TRUSTEE
- Total calculated
- $0
- Hours/week
- 3 + 3 related
-
Karen EngKAREN ENG
TRUSTEE
- Total calculated
- $0
- Hours/week
- 3 + 3 related
-
Alan GlazierALAN GLAZIER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 3 + 3 related
-
Kristen GriebelKRISTEN GRIEBEL
TRUSTEE
- Total calculated
- $0
- Hours/week
- 3 + 3 related
-
Anne KavanaghANNE KAVANAGH
TRUSTEE
- Total calculated
- $0
- Hours/week
- 3 + 3 related
-
Jonathan MarcusJONATHAN MARCUS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 3 + 3 related
-
Robert MeenanROBERT MEENAN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 3 + 3 related
-
Melvin MingMELVIN MING
TRUSTEE
- Total calculated
- $0
- Hours/week
- 3 + 3 related
-
Andrew MorgensternANDREW MORGENSTERN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 3 + 3 related
-
Rachel NegrisRACHEL NEGRIS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 3 + 3 related
-
Susan PrimoSUSAN PRIMO
TRUSTEE
- Total calculated
- $0
- Hours/week
- 3 + 3 related
-
Valarie RicciardiVALARIE RICCIARDI
TRUSTEE
- Total calculated
- $0
- Hours/week
- 3 + 3 related
-
John StefaniniJOHN STEFANINI
TRUSTEE
- Total calculated
- $0
- Hours/week
- 3 + 3 related
-
Traci LoganTRACI LOGAN
TREASURER/EVP/COO
- Total calculated
- $560,451
- From this org
- $517,308
- From related orgs
- $0
- Other
- $43,143
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $412,658
- Bonus
- $77,679
- Other
- $26,971
- Deferred
- $31,050
- Nontaxable benefits
- $12,093
- Filer's total
- $560,451
-
Mollie S FormanMOLLIE S FORMAN
SECRETARY/MANAGER
- Total calculated
- $99,770
- From this org
- $77,484
- From related orgs
- $0
- Other
- $22,286
- Hours/week
- 40
-
Addy R ReiterADDY R REITER
ASST SECRETARY/OFFICE MANAGER
- Total calculated
- $81,013
- From this org
- $54,672
- From related orgs
- $0
- Other
- $26,341
- Hours/week
- 40
-
Erik M WeissbergERIK M WEISSBERG
VP/DEAN
- Total calculated
- $331,862
- From this org
- $307,902
- From related orgs
- $0
- Other
- $23,960
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $260,490
- Bonus
- $46,026
- Other
- $1,386
- Deferred
- $23,455
- Nontaxable benefits
- $505
- Filer's total
- $331,862
-
Gary Y ChuGARY Y CHU
VP/PROFESSIONAL AFFAIRS
- Total calculated
- $225,264
- From this org
- $204,786
- From related orgs
- $0
- Other
- $20,478
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $203,289
- Bonus
- $0
- Other
- $1,497
- Deferred
- $18,476
- Nontaxable benefits
- $2,002
- Filer's total
- $225,264
-
Shawne K GilliesSHAWNE K GILLIES
DIR FACILITIES/CAMPUS PLNG
- Total calculated
- $186,190
- From this org
- $157,819
- From related orgs
- $0
- Other
- $28,371
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $133,339
- Bonus
- $0
- Other
- $24,480
- Deferred
- $14,552
- Nontaxable benefits
- $13,819
- Filer's total
- $186,190
-
Stacy A LyonsSTACY A LYONS
PROFESSOR
- Total calculated
- $216,302
- From this org
- $177,543
- From related orgs
- $0
- Other
- $38,759
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $173,154
- Bonus
- $2,775
- Other
- $1,614
- Deferred
- $15,952
- Nontaxable benefits
- $22,807
- Filer's total
- $216,302
The first 25 listed. 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. Earlier years are each on their own filing page.
Filings
-
2024
- Revenue
- $31,939,924
- Expenses
- $26,376,482
- Contributions
- $1,106,055
- Grants paid
- $1,625,029
-
2023
- Revenue
- $30,831,292
- Expenses
- $25,919,987
- Contributions
- $1,141,555
- Grants paid
- $1,690,859
-
2022
- Revenue
- $29,864,825
- Expenses
- $25,334,160
- Contributions
- $1,005,260
- Grants paid
- $1,621,408
The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.
Other returns filed
-
2024 · 990-T
- Revenue
- not reported
- Expenses
- not reported
- Assets (EOY)
- not reported
-
2023 · 990-T
- Revenue
- not reported
- Expenses
- not reported
- Assets (EOY)
- not reported
-
2022 · 990-T
- Revenue
- not reported
- Expenses
- not reported
- Assets (EOY)
- not reported
-
2021 · 990
- Revenue
- $30,860,673
- Expenses
- $24,416,885
- Assets (EOY)
- $74,214,520
-
2021 · 990-T
- Revenue
- not reported
- Expenses
- not reported
- Assets (EOY)
- not reported
-
2020 · 990
- Revenue
- $30,404,655
- Expenses
- $22,417,478
- Assets (EOY)
- $76,301,492
-
2020 · 990-T
- Revenue
- not reported
- Expenses
- not reported
- Assets (EOY)
- not reported
-
2019 · 990
- Revenue
- $27,018,548
- Expenses
- $21,444,654
- Assets (EOY)
- $64,092,870
-
2018 · 990
- Revenue
- $25,809,053
- Expenses
- $21,041,739
- Assets (EOY)
- $60,815,283
-
2017 · 990
- Revenue
- $24,197,617
- Expenses
- $17,165,140
- Assets (EOY)
- $55,648,555
Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all. Showing the 10 most recent; the API carries the rest.
Grants made
No itemized grants to organizations. Schedule I is filed only by organizations that granted more than $5,000 to a recipient, so most filers have none.
Grants received
-
$85,329
2022 SUB-AWARD
-
$60,706
2023 SUB-AWARD
-
DONOR ADVISED CHARITABLE GIVING
$50,000
2024 EDUCATION
-
COLLIER COMMUNITY FOUNDATION INC
$50,000
2024 EDUCATION
-
DONOR ADVISED CHARITABLE GIVING
$50,000
2022 EDUCATION
-
COLLIER COMMUNITY FOUNDATION INC
$40,000
2023 EDUCATION
-
COLLIER COMMUNITY FOUNDATION INC
$20,000
2022 EDUCATION
-
2023 SCHOLARSHIP
-
2024 EDUCATIONAL SCHOLARSHIP
-
2022 SCHOLARSHIP
The 10 largest by cash amount. The API serves every itemized grant.
Related organizations
From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.
Declared on its 2024 return
-
501(C)(3) · EYE CARE PROVIDER · MA · controlled entity
Declared as related by
-
On its 2024 return
Other IRS files
Auto-Revocation List
Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.
Publication 78
Listed as of 13 October 2026, under deductibility PC.
These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.
What this page reflects
The registration facts above come from the IRS Business Master File published 13 October 2026 and read 1 November 2026, for every organization at once. Returns through tax year 2024, the newest we have parsed for this organization.