Optometry Cares - the Aoa Foundation

“Through a management, services, and affiliation agreement, the american optometric association provides staffing and support to optometry cares - the aoa foundation.”

“According to the bylaws, the american optometric association is the sole member of the foundation.”

“According to the organization's bylaws, the american optometric association appoints, designates or elects the individuals to serve as directors. The board may nominate individuals for consideration by the american optometric association.”

“A 990 online organizer is compiled by the controller. It is reviewed by the financial analyst and is then forwarded to an external accounting firm for their review. The information provided in the organizer is then entered into the electronic 990 forms and returned to the foundation. The financial analyst performs a second review and forwards the 990 to the cfo. The cfo then performs a final review and sends a final copy to the board of trustees for review. The 990 is submitted back to the external accounting firm for submission to the irs.”

“All employees, directors, volunteers and/or trustees are required annually (and at the initial point of service) to sign the conflict of interest policy and notify the organization of any potential issues. Individuals are not paid or reimbursed for expenses until such disclosure has been submitted to legal each year. Legal reviews all completed policies and notifies senior management of any potential conflicts disclosed. Senior management and legal then determine any necessary course of action or disclosure.”

“The organization utilizes an independent compensation consultant and an independent compensation survey to accumulate a reasonable wage basis for the executive director. The personnel committee reviews the information at the time it is completed and approves the compensation level of the executive director as documented in a written agreement. The executive director's salary is reviewed annually.”

“The organization utilizes an independent compensation consultant to perform and analyze an independent compensation survey and report those results to human resources for determination of reasonable compensation of all employees. The executive director must approve all employeee wage changes. The compensation review was performed in june 2012 cbiz.”

“The organization's governing documents, conflicts of interest policy and financial statements are available upon request.”

“Other services, including disaster relief, student scholarship endowment funds, book of memory and tributes, and other functions to support our mission of expanding eye health and vision care access for everyone in the u.s. In order to enhance human performance and quality of life.”