Civic Intelligence

Wisconsin Optometric Association

990 • Fiscal year 2021 • EIN 39-0840526

Jan 01, 2021 to Dec 31, 2021 • Filed on Nov 02, 2022

6510 Grand Teton Plaza Suite 312Madison, WI 53719-1029

(608) 824-2200

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

64th percentile

0.24x

Higher debt load relative to assets than 64% of similar nonprofits.

2021 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

82nd percentile

0.56x

Higher debt load relative to revenue than 82% of similar nonprofits.

2021 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2021

Net Margin

39th percentile

6.6%

Higher net margin than 39% of similar nonprofits.

2021 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

25th percentile

$0

Higher top officer pay than 25% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2021 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2021

Asset Growth

39th percentile

7.8%

Faster asset growth than 39% of similar nonprofits.

2021 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

52nd percentile

10%

Faster revenue growth than 52% of similar nonprofits.

2021 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Assets

Up

$1,750,914

Up $127,059 (+7.8%) from 2020

Net Assets

Up

$1,331,370

Up $80,165 (+6.4%) from 2020

Liabilities

Up

$419,544

Up $46,894 (+13%) from 2020

Revenue

Up

$749,977

Up $69,968 (+10%) from 2020

Expenses

Up

$700,524

Up $47,472 (+7.3%) from 2020

Net Income

Up

$49,453

Up $22,496 (+83%) from 2020

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$2.0M$1.5M$1.0M$500K$0Assets 2010: $954,272Liabilities 2010: $181,794Net Assets 2010: $772,4782010Assets 2011: $1,067,578Liabilities 2011: $252,290Net Assets 2011: $815,2882011Assets 2012: $1,127,712Liabilities 2012: $233,239Net Assets 2012: $894,4732012Assets 2013: $1,270,499Liabilities 2013: $291,989Net Assets 2013: $978,5102013Assets 2014: $1,310,617Liabilities 2014: $324,404Net Assets 2014: $986,2132014Assets 2015: $1,333,158Liabilities 2015: $316,744Net Assets 2015: $1,016,4142015Assets 2016: $1,394,539Liabilities 2016: $374,441Net Assets 2016: $1,020,0982016Assets 2017: $1,440,459Liabilities 2017: $356,898Net Assets 2017: $1,083,5612017Assets 2018: $1,420,764Liabilities 2018: $340,605Net Assets 2018: $1,080,1592018Assets 2019: $1,604,285Liabilities 2019: $396,364Net Assets 2019: $1,207,9212019Assets 2020: $1,623,855Liabilities 2020: $372,650Net Assets 2020: $1,251,2052020Assets 2021: $1,750,914Liabilities 2021: $419,544Net Assets 2021: $1,331,3702021Assets 2022: $1,720,512Liabilities 2022: $339,663Net Assets 2022: $1,380,8492022Assets 2023: $1,883,821Liabilities 2023: $349,573Net Assets 2023: $1,534,2482023Assets 2024: $1,939,533Liabilities 2024: $327,110Net Assets 2024: $1,612,4232024

Highlighted filing

2021

Assets$1,750,914
Liabilities$419,544
Net Assets$1,331,370

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.0M$500K$0-$500KExpenses 2010: $682,9832010Expenses 2011: $686,7602011Revenue 2012: $764,303Expenses 2012: $722,853Net Income 2012: $41,4502012Revenue 2013: $852,908Expenses 2013: $788,421Net Income 2013: $64,4872013Revenue 2014: $781,676Expenses 2014: $777,806Net Income 2014: $3,8702014Revenue 2015: $793,086Expenses 2015: $759,373Net Income 2015: $33,7132015Revenue 2016: $765,805Expenses 2016: $770,174Net Income 2016: -$4,3692016Revenue 2017: $783,190Expenses 2017: $743,312Net Income 2017: $39,8782017Revenue 2018: $773,732Expenses 2018: $763,498Net Income 2018: $10,2342018Revenue 2019: $890,218Expenses 2019: $792,481Net Income 2019: $97,7372019Revenue 2020: $680,009Expenses 2020: $653,052Net Income 2020: $26,9572020Revenue 2021: $749,977Expenses 2021: $700,524Net Income 2021: $49,4532021Revenue 2022: $886,796Expenses 2022: $802,553Net Income 2022: $84,2432022Revenue 2023: $887,858Expenses 2023: $767,119Net Income 2023: $120,7392023Revenue 2024: $852,066Expenses 2024: $801,226Net Income 2024: $50,8402024

Highlighted filing

2021

Revenue$749,977
Expenses$700,524
Net Income$49,453
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 2, 2022
Return Version
2021v4.2
Gross Receipts
$749,977
Mission and Program Overview

Mission

The wisconsin optometric association is a nonprofit affiliate of licensed optometrists and associated businesses dedicated to the preservation and enhancement of the vision welfare of the people of wisconsin. The wisconsin optometric association (woa) exists to benefit every citizen through the development and delivery of cost effective, high quality, state of the art eye care equally available to everyone; and to maintain high technical and professional standards by all optometrists in all endeavors. The woa accomplishes this by: -education and dissemination of information to its members and the general public-organized governmental activity-mediation with consumer and public interest groups-providing collective benefits to members.

A nonprofit affiliate of licensed optometrists and associated businesses dedicated to the preservation and enhancement of the vision welfare of the people of wisconsin.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$1,036,597$1,108,156▲ $71,559
Investments Other Securities$416,450$441,095▲ $24,645
Investments in Publicly Traded Securities$169,677$200,390▲ $30,713
Accounts Receivable$411$951▲ $540
Land, Buildings, and Equipment, Net$404$243▼ $161
Intangible Assets$316$79▼ $237
Total Assets$1,623,855$1,750,914▲ $127,059
Liabilities
Accounts Payable and Accrued Expenses$251,226$269,313▲ $18,087
Deferred Revenue$121,424$150,231▲ $28,807
Total Liabilities$372,650$419,544▲ $46,894
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,251,205$1,331,370▲ $80,165
Total Net Assets Fund Balance$1,251,205$1,331,370▲ $80,165
Total Liabilities and Net Assets / Fund Balance$1,623,855$1,750,914▲ $127,059

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$243$9,116$9,359
Other Securities$441,095--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Amber Dentz OdImmediate Past President
Christine Renner OdPresident
Tessa Sokol OdPresident Elect
Jeffrey ClementsSociety President
Kelsey Koerner OdSociety President
Kristie Lambert OdSociety President
Martin WilliamsonSociety President
Michelle KwonSociety President
Tracy Rosiek OdSociety President
Peter TheoExecutive Vice President
Ryan AmesVice President
Kerry GriebenowDirector
Kyle Ross OdDirector
Rebecca Kabat OdDirector
Ryan Deibert OdDirector
Valerie Frazer OdDirector
Brittany Beers OdSociety Director
Emily Parker OdSociety Director
Deb Barnett OdSecretary
Andrew Nahas OdTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Theo Consulting And Management LLCManagement Of Assoc.6510 GRAND TETON PLAZA SUITE 312, Madison, WI 53719$480,744
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$709,677
Investment Income
$25,358
Other Revenue
$14,942
Change in Net Assets
$49,453
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$700,524
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management---$480,744
Conferences and Meetings---$133,322
Fees for Services Lobbying---$36,000
Office Expenses---$25,382
Fees for Services Accounting---$5,410
Travel---$3,916
Insurance---$3,818
Other Expenses---$500
Fees for Services Legal---$434
Depreciation Depletion---$398
Total Functional Expenses$0$0$0$700,524
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
In-house lobbying only
No
Subject to proxy tax
Yes

Reported Spending and Taxes

Line ItemAmount
Current Year Nondeductible Lobbying and Political Cost$25,300
Total Nondeductible Lobbying and Political Cost$25,300
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Peter TheoOfficerIndependent Contractor. Peter Theo Owns Theo Consulting and Management, LLC Which Manages the Association and Provides Lobbying Services on Behalf of the Association.No$480,744
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 2

Dr. Brittany beers works at the practice that dr. Ryan ames owns. Dr. Andrew nahas is the chair of the optometry department at gunderson health and dr. Martin williamson is also employed at gunderson health.

Form 990, Part VI, Section A, Line 3

Delegation of management duties: employees conducting woa business and providing services are employed by theo consulting and management, llc. The owner, mr. Peter theo, handles all hiring, firing, supervising of personnel and advises the board, with the assistance of staff person joleen breunig, in creating and executing a budget each year.

Form 990, Part VI, Section A, Line 6

Members or stockholders: active, life and retired members have the right to vote. All members of the association with the exception of honorary, student, affiliate and associate members have the same rights.

Form 990, Part VI, Section A, Line 7A

Electing of the members of the governing body: all members of the association with the execption of honorary and student members are allowed to vote for officers and directors at the annual business meeting held each september.

Form 990, Part VI, Section A, Line 7B

Decisions of the governing body: suggested bylaws changes and the use of reserve funds beyond one year must be approved by a quorum at the annual business meeting held in september each year.

Form 990, Part VI, Section B, Line 11B

Review of form 990: mr. Peter theo, executive vice president, and joleen breunig, assistant executive vice president, review the form 990 prior to it being signed and submitted to the irs, as they have the most intimate knowledge of the finances of the association.

Form 990, Part VI, Section B, Line 12C

Annually the officers and directors review the organization's conflict of interest policy and the officers and directors are required to disclose any conflicts. Each board meeting provides an opportunity to address conflicts through society president reports.

Form 990, Part VI, Section C, Line 19

No documents available to the public. Documents are available to members of the association upon request.

Filing and Contact Details

Filer

Filer Name
Wisconsin Optometric Association
EIN
39-0840526
Phone
6088242200
Address
6510 GRAND TETON PLAZA SUITE 312, MADISON, WI 53719-1029

Signing Officer

Name
Peter Theo
Title
Executive Vice President
Phone
6088242200
Signed
2022-11-02
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Peter Theo
Formed
1937
Legal Domicile
Wi
Voting Board Members
19
Independent Board Members
19
Employees
0
Volunteers
30

Preparer

Firm
Sva Certified Public Accts Sc
Address
1221 JOHN Q HAMMONS DRIVE, MADISON, WI 53717
Preparer
Douglas Berry
Phone
6088318181
Supplemental Narrative

Additional Explanations

FORM 990, PART III, LINE 1:

Vision statement: the wisconsin optometric association assists doctors of optometry in providing state of the art eye care to benefit their patients and communities. This goal is accomplished by continuous outreach, advocacy and education for the benefit of our members and their patients. The wisconsin optometric association sponsors 4 continuing education events each year in different parts of the state in order to provide wisconsin doctors of optometry the most up to date information in eye care. In recent years there has been an emphasis placed on communications, both internally with members and externally with the public. This includes increased communication with media outlets. The woa also places an emphasis on benevolent eye care programs for children such as vision usa which provides a no cost eye exam and glasses to children of low income working families, a nationwide program called infantsee which provides a no cost vision assessment for children 6 months to 1 year in age and participation at a free clinic in milwaukee called walkers point community clinic. Finally, the woa provides advocacy services for members in the areas of government relations and third party payor relations.

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IRS990/ActivityOrMissionDesc0A NONPROFIT AFFILIATE OF LICENSED OPTOMETRISTS AND ASSOCIATED BUSINESSES DEDICATED TO THE PRESERVATION AND ENHANCEMENT OF THE VISION WELFARE OF THE PEOPLE OF WISCONSIN.
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IRS990/Desc0PROMOTES EDUCATION AND PUBLIC AWARENESS OF THE OPTOMETRYPROFESSION SO AS TO IMPROVE THE DELIVERY OF VISION CARE THROUGHCOMMUNICATION AND ADVOCACY EFFORTS. THE ORGANIZATION HOLDS 4 EDUCATION EVENTS PER YEAR WITH TOTAL ATTENDANCE OF APPROXIMATELY 580 DOCTORS OF OPTOMETRY. THE ORGANIZATION OFFERS CONTINUING EDUCATION FOR DOCTORS OF OPTOMETRY SO THEY CAN MEET THEIR RE-LICENSURE REQUIREMENTS AND ALSO STAY ABREAST OF THE MOST CURRENT TRENDS IN EYE CARE TO BETTER CARE FOR THEIR PATIENTS.
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/TitleTxt0IMMEDIATE PAST PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3PRESIDENT ELECT
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt6TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt7SOCIETY DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt9SOCIETY PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11SOCIETY PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt12SOCIETY PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt13SOCIETY DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14SOCIETY PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16SOCIETY PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt17SOCIETY PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19EXECUTIVE VICE PRESIDENT
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr01937
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt019
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0749977
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt019
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/TotalAmt03818
IRS990/IntangibleAssetsGrp/BOYAmt0316
IRS990/IntangibleAssetsGrp/EOYAmt079
IRS990/InvestmentIncomeGrp/ExclusionAmt025358
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt025358
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt0416450
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt0441095
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0169677
IRS990/InvestmentsPubTradedSecGrp/EOYAmt0200390
IRS990/IRPDocumentCnt011
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt09116
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0404
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0243
IRS990/LandBldgEquipCostOrOtherBssAmt09359
IRS990/LegalDomicileStateCd0WI
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd01
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE WISCONSIN OPTOMETRIC ASSOCIATION IS A NONPROFIT AFFILIATE OF LICENSED OPTOMETRISTS AND ASSOCIATED BUSINESSES DEDICATED TO THE PRESERVATION AND ENHANCEMENT OF THE VISION WELFARE OF THE PEOPLE OF WISCONSIN. THE WISCONSIN OPTOMETRIC ASSOCIATION (WOA) EXISTS TO BENEFIT EVERY CITIZEN THROUGH THE DEVELOPMENT AND DELIVERY OF COST EFFECTIVE, HIGH QUALITY, STATE OF THE ART EYE CARE EQUALLY AVAILABLE TO EVERYONE; AND TO MAINTAIN HIGH TECHNICAL AND PROFESSIONAL STANDARDS BY ALL OPTOMETRISTS IN ALL ENDEAVORS. THE WOA ACCOMPLISHES THIS BY: -EDUCATION AND DISSEMINATION OF INFORMATION TO ITS MEMBERS AND THE GENERAL PUBLIC-ORGANIZED GOVERNMENTAL ACTIVITY-MEDIATION WITH CONSUMER AND PUBLIC INTEREST GROUPS-PROVIDING COLLECTIVE BENEFITS TO MEMBERS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt01251205
IRS990/NetAssetsOrFundBalancesEOYAmt01331370
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt030712
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt01251205
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt01331370
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd01
IRS990/NondeductibleContriDisclInd01
IRS990/OfficeExpensesGrp/TotalAmt025382
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0MISCELLANEOUS
IRS990/OtherExpensesGrp/Desc1COMMITTEE EXPENSES
IRS990/OtherExpensesGrp/Desc2MEMBERSHIP
IRS990/OtherExpensesGrp/Desc3DONATION
IRS990/OtherExpensesGrp/TotalAmt07817
IRS990/OtherExpensesGrp/TotalAmt11783
IRS990/OtherExpensesGrp/TotalAmt21000
IRS990/OtherExpensesGrp/TotalAmt3500
IRS990/PartialLiquidationInd00
IRS990/PoliciesReferenceChaptersInd01
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0PETER THEO
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/BusinessCd2541800
IRS990/ProgramServiceRevenueGrp/Desc0MEMBERSHIP DUES
IRS990/ProgramServiceRevenueGrp/Desc1CONVENTIONS & SEMINARS
IRS990/ProgramServiceRevenueGrp/Desc2NEWSLETTER
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0442591
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1258206
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt28880
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0442591
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1258206
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt28880
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt027883
IRS990/PYOtherExpensesAmt0653052
IRS990/PYOtherRevenueAmt013585
IRS990/PYProgramServiceRevenueAmt0638541
IRS990/PYRevenuesLessExpensesAmt026957
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0653052
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0680009
IRS990/ReconcilationRevenueExpnssAmt049453
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RoyaltiesRevenueGrp/ExclusionAmt014942
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt014942
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01036597
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01108156
IRS990/ScheduleBRequiredInd00
IRS990ScheduleC/AggregateReportedDuesNtcAmt022130
IRS990ScheduleC/AgreeCarryoverPriorYearInd00
IRS990ScheduleC/CarriedOverAmt03170
IRS990ScheduleC/DuesAssessmentsAmt0442591
IRS990ScheduleC/NonDeductibleLbbyngPltclCYAmt025300
IRS990ScheduleC/NonDeductibleLbbyngPltclTotAmt025300
IRS990ScheduleC/OnlyInHouseLobbyingInd00
IRS990ScheduleC/SubstantiallyAllDuesNondedInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt0243
IRS990ScheduleD/EquipmentGrp/DepreciationAmt09116
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt09359
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt0441095
IRS990ScheduleD/OtherSecuritiesGrp/Desc0ANNUITY CONTRACTS
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0243
IRS990ScheduleD/TotalBookValueSecuritiesAmt0441095
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0PETER THEO
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0OFFICER
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt0480744
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0INDEPENDENT CONTRACTOR. PETER THEO OWNS THEO CONSULTING AND MANAGEMENT, LLC WHICH MANAGES THE ASSOCIATION AND PROVIDES LOBBYING SERVICES ON BEHALF OF THE ASSOCIATION.
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0VISION STATEMENT: THE WISCONSIN OPTOMETRIC ASSOCIATION ASSISTS DOCTORS OF OPTOMETRY IN PROVIDING STATE OF THE ART EYE CARE TO BENEFIT THEIR PATIENTS AND COMMUNITIES. THIS GOAL IS ACCOMPLISHED BY CONTINUOUS OUTREACH, ADVOCACY AND EDUCATION FOR THE BENEFIT OF OUR MEMBERS AND THEIR PATIENTS. THE WISCONSIN OPTOMETRIC ASSOCIATION SPONSORS 4 CONTINUING EDUCATION EVENTS EACH YEAR IN DIFFERENT PARTS OF THE STATE IN ORDER TO PROVIDE WISCONSIN DOCTORS OF OPTOMETRY THE MOST UP TO DATE INFORMATION IN EYE CARE. IN RECENT YEARS THERE HAS BEEN AN EMPHASIS PLACED ON COMMUNICATIONS, BOTH INTERNALLY WITH MEMBERS AND EXTERNALLY WITH THE PUBLIC. THIS INCLUDES INCREASED COMMUNICATION WITH MEDIA OUTLETS. THE WOA ALSO PLACES AN EMPHASIS ON BENEVOLENT EYE CARE PROGRAMS FOR CHILDREN SUCH AS VISION USA WHICH PROVIDES A NO COST EYE EXAM AND GLASSES TO CHILDREN OF LOW INCOME WORKING FAMILIES, A NATIONWIDE PROGRAM CALLED INFANTSEE WHICH PROVIDES A NO COST VISION ASSESSMENT FOR CHILDREN 6 MONTHS TO 1 YEAR IN AGE AND PARTICIPATION AT A FREE CLINIC IN MILWAUKEE CALLED WALKERS POINT COMMUNITY CLINIC. FINALLY, THE WOA PROVIDES ADVOCACY SERVICES FOR MEMBERS IN THE AREAS OF GOVERNMENT RELATIONS AND THIRD PARTY PAYOR RELATIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DR. BRITTANY BEERS WORKS AT THE PRACTICE THAT DR. RYAN AMES OWNS. DR. ANDREW NAHAS IS THE CHAIR OF THE OPTOMETRY DEPARTMENT AT GUNDERSON HEALTH AND DR. MARTIN WILLIAMSON IS ALSO EMPLOYED AT GUNDERSON HEALTH.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DELEGATION OF MANAGEMENT DUTIES: EMPLOYEES CONDUCTING WOA BUSINESS AND PROVIDING SERVICES ARE EMPLOYED BY THEO CONSULTING AND MANAGEMENT, LLC. THE OWNER, MR. PETER THEO, HANDLES ALL HIRING, FIRING, SUPERVISING OF PERSONNEL AND ADVISES THE BOARD, WITH THE ASSISTANCE OF STAFF PERSON JOLEEN BREUNIG, IN CREATING AND EXECUTING A BUDGET EACH YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3MEMBERS OR STOCKHOLDERS: ACTIVE, LIFE AND RETIRED MEMBERS HAVE THE RIGHT TO VOTE. ALL MEMBERS OF THE ASSOCIATION WITH THE EXCEPTION OF HONORARY, STUDENT, AFFILIATE AND ASSOCIATE MEMBERS HAVE THE SAME RIGHTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ELECTING OF THE MEMBERS OF THE GOVERNING BODY: ALL MEMBERS OF THE ASSOCIATION WITH THE EXECPTION OF HONORARY AND STUDENT MEMBERS ARE ALLOWED TO VOTE FOR OFFICERS AND DIRECTORS AT THE ANNUAL BUSINESS MEETING HELD EACH SEPTEMBER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5DECISIONS OF THE GOVERNING BODY: SUGGESTED BYLAWS CHANGES AND THE USE OF RESERVE FUNDS BEYOND ONE YEAR MUST BE APPROVED BY A QUORUM AT THE ANNUAL BUSINESS MEETING HELD IN SEPTEMBER EACH YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6REVIEW OF FORM 990: MR. PETER THEO, EXECUTIVE VICE PRESIDENT, AND JOLEEN BREUNIG, ASSISTANT EXECUTIVE VICE PRESIDENT, REVIEW THE FORM 990 PRIOR TO IT BEING SIGNED AND SUBMITTED TO THE IRS, AS THEY HAVE THE MOST INTIMATE KNOWLEDGE OF THE FINANCES OF THE ASSOCIATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7ANNUALLY THE OFFICERS AND DIRECTORS REVIEW THE ORGANIZATION'S CONFLICT OF INTEREST POLICY AND THE OFFICERS AND DIRECTORS ARE REQUIRED TO DISCLOSE ANY CONFLICTS. EACH BOARD MEETING PROVIDES AN OPPORTUNITY TO ADDRESS CONFLICTS THROUGH SOCIETY PRESIDENT REPORTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8NO DOCUMENTS AVAILABLE TO THE PUBLIC. DOCUMENTS ARE AVAILABLE TO MEMBERS OF THE ASSOCIATION UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART III, LINE 1:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd01
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01623855
IRS990/TotalAssetsEOYAmt01750914
IRS990/TotalAssetsGrp/BOYAmt01623855
IRS990/TotalAssetsGrp/EOYAmt01750914
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0700524
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0372650
IRS990/TotalLiabilitiesEOYAmt0419544
IRS990/TotalLiabilitiesGrp/BOYAmt0372650
IRS990/TotalLiabilitiesGrp/EOYAmt0419544
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01251205
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01331370
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceRevenueAmt0709677
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt040300
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0709677

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.94$0.33$1.61$0.85$0.80$0.05
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.88$0.35$1.53$0.89$0.77$0.12
2022Detailed filing. Detailed filing data is available for this year.$1.72$0.34$1.38$0.89$0.80$0.08
2021Detailed filing. Detailed filing data is available for this year.$1.75$0.42$1.33$0.75$0.70$0.05
2020Detailed filing. Detailed filing data is available for this year.$1.62$0.37$1.25$0.68$0.65$0.03
2019Detailed filing. Detailed filing data is available for this year.$1.60$0.40$1.21$0.89$0.79$0.10
2018Detailed filing. Detailed filing data is available for this year.$1.42$0.34$1.08$0.77$0.76$0.01
2017Detailed filing. Detailed filing data is available for this year.$1.44$0.36$1.08$0.78$0.74$0.04
2016Detailed filing. Detailed filing data is available for this year.$1.39$0.37$1.02$0.77$0.77$0.00
2015Detailed filing. Detailed filing data is available for this year.$1.33$0.32$1.02$0.79$0.76$0.03
2014Detailed filing. Detailed filing data is available for this year.$1.31$0.32$0.99$0.78$0.78$0.00
2013Detailed filing. Detailed filing data is available for this year.$1.27$0.29$0.98$0.85$0.79$0.06
2012Summary only. Only limited summary data is available for this year.$1.13$0.23$0.89$0.76$0.72$0.04
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.07$0.25$0.82$0.69
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.95$0.18$0.77$0.68