Civic Intelligence

Minnesota Optometric Association Inc

990 • Fiscal year 2016 • EIN 41-0849989

Jan 01, 2016 to Dec 31, 2016 • Filed on Jun 29, 2017

3800 American Blvd WestBloomington, MN 55431

(800) 678-8232

Siviq Scores

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

Liabilities / Assets

88th percentile

0.52x

Higher debt load relative to assets than 88% of similar nonprofits.

2016 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2016

Liabilities / Revenue

85th percentile

0.43x

Higher debt load relative to revenue than 85% of similar nonprofits.

2016 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2016

Net Margin

76th percentile

13%

Higher net margin than 76% of similar nonprofits.

2016 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2016

Top Officer Pay

74th percentile

$111,386

Higher top officer pay than 74% of similar nonprofits.

Top officer pay equals 15.8% of source-year revenue.

2016 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2016

Asset Growth

91st percentile

43%

Faster asset growth than 91% of similar nonprofits.

2016 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Revenue Growth

63rd percentile

7.2%

Faster revenue growth than 63% of similar nonprofits.

2016 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Assets

Up

$586,646

Up $177,078 (+43%) from 2015

Net Assets

Up

$280,579

Up $96,922 (+53%) from 2015

Liabilities

Up

$306,067

Up $80,156 (+35%) from 2015

Revenue

Up

$705,138

Up $47,608 (+7.2%) from 2015

Expenses

Down

$614,632

Down $25,051 (-3.9%) from 2015

Net Income

Up

$90,506

Up $72,659 (+407%) from 2015

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2010: $162,460Liabilities 2010: $66,463Net Assets 2010: $95,9972010Assets 2011: $293,056Liabilities 2011: $204,624Net Assets 2011: $88,4322011Assets 2012: $291,597Liabilities 2012: $166,483Net Assets 2012: $125,1142012Assets 2013: $322,415Liabilities 2013: $164,730Net Assets 2013: $157,6852013Assets 2014: $4,222Liabilities 2014: $0Net Assets 2014: $02014Assets 2015: $409,568Liabilities 2015: $225,911Net Assets 2015: $183,6572015Assets 2016: $586,646Liabilities 2016: $306,067Net Assets 2016: $280,5792016Assets 2017: $659,692Liabilities 2017: $317,747Net Assets 2017: $341,9452017Assets 2018: $765,478Liabilities 2018: $375,088Net Assets 2018: $390,3902018Assets 2019: $863,594Liabilities 2019: $392,795Net Assets 2019: $470,7992019Assets 2020: $972,686Liabilities 2020: $409,682Net Assets 2020: $563,0042020Assets 2021: $1,146,260Liabilities 2021: $444,742Net Assets 2021: $701,5182021Assets 2022: $1,147,061Liabilities 2022: $436,607Net Assets 2022: $710,4542022Assets 2023: $1,193,430Liabilities 2023: $387,237Net Assets 2023: $806,1932023Assets 2024: $1,262,728Liabilities 2024: $408,933Net Assets 2024: $853,7952024

Highlighted filing

2016

Assets$586,646
Liabilities$306,067
Net Assets$280,579

Operations Trend

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

$1.0M$500K$0Expenses 2010: $610,2992010Expenses 2011: $611,0542011Expenses 2012: $575,2672012Revenue 2013: $622,755Expenses 2013: $588,104Net Income 2013: $34,6512013Revenue 2014: $0Expenses 2014: $0Net Income 2014: $02014Revenue 2015: $657,530Expenses 2015: $639,683Net Income 2015: $17,8472015Revenue 2016: $705,138Expenses 2016: $614,632Net Income 2016: $90,5062016Revenue 2017: $716,781Expenses 2017: $664,600Net Income 2017: $52,1812017Revenue 2018: $767,613Expenses 2018: $699,950Net Income 2018: $67,6632018Revenue 2019: $793,814Expenses 2019: $745,941Net Income 2019: $47,8732019Revenue 2020: $645,295Expenses 2020: $582,408Net Income 2020: $62,8872020Revenue 2021: $735,290Expenses 2021: $614,853Net Income 2021: $120,4372021Revenue 2022: $793,885Expenses 2022: $701,445Net Income 2022: $92,4402022Revenue 2023: $781,324Expenses 2023: $727,602Net Income 2023: $53,7222023Revenue 2024: $834,122Expenses 2024: $811,917Net Income 2024: $22,2052024

Highlighted filing

2016

Revenue$705,138
Expenses$614,632
Net Income$90,506
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Jun 29, 2017
Return Version
2016v3.0
Gross Receipts
$705,138
Mission and Program Overview

Mission

The minnesota optometric association empowers and develops our members to provide exceptional eye care to all minnesotans by enriching their businesses with dynamic educational, networking, and legislative tools.

The Minnesota Optometric Association is a voluntary organization of eye doctors committed to enhancing eye health care for all Minnesotans through legislative and advocacy efforts, community service and continued education.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$182,705$280,113▲ $97,408
Investments Other Securities$183,451$212,536▲ $29,085
Savings and Temporary Cash Investments$35,982$76,180▲ $40,198
Prepaid Expenses and Deferred Charges$3,851$16,075▲ $12,224
Accounts Receivable$1,517$1,373▼ $144
Land, Buildings, and Equipment, Net$2,062$369▼ $1,693
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$409,568$586,646▲ $177,078
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$225,911$306,067▲ $80,156
Total Liabilities$225,911$306,067▲ $80,156
Net Assets / Fund Balance
Unrestricted Net Assets$183,657$280,579▲ $96,922
Total Net Assets Fund Balance$183,657$280,579▲ $96,922
Total Liabilities and Net Assets / Fund Balance$409,568$586,646▲ $177,078

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$369$10,020$10,389
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Beth ColemanExecutive DirectorFT$100,980$10,406$111,386

Board Members and Trustees

NameTitle
Katie AlecksonPast President
Nicholas ColatrellaPast President
Terry TancabelPast President
Dr Mike AckermannPresident
Dr Sam VillellaPresident-Elect
Dr Matt BauerVice President
Dr Bridget AxelsonTrustee
Dr Jessica ScharaTrustee
Dr Mike Hanen-smithTrustee
Dr Randy KempferTrustee
Dr Tony DoffinTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$674,635
Program Service Revenue
$0
Investment Income
$4,931
Other Revenue
$25,572
All Other Contributions
$3,000
Change in Net Assets
$90,506

Audited Revenue Reconciliation

Revenue per Audited Statements
$705,138
Revenue Not Reported on Form 990
$6,416
Total Revenue per Audited Statements
$711,554
Total Revenue per Form 990
$705,138
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$438,563
Salaries, Compensation, and Employee Benefits$176,069
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings$166,666--$166,666
Current Officers, Directors, Trustees, and Key Employees$111,386--$111,386
Fees for Services Other$109,327--$109,327
Other Salaries and Wages$52,717--$52,717
Travel$36,834--$36,834
Occupancy$25,895--$25,895
Payment Travel Entrtnmnt Publicly Ofcl$19,402--$19,402
Advertising$19,050--$19,050
Payroll Taxes$11,966--$11,966
Information Technology$7,510--$7,510
Fees for Services Accounting$5,006--$5,006
Insurance$4,914--$4,914
Other Expenses$4,501--$4,501
All Other Expenses$4,434--$4,434
Office Expenses$2,505--$2,505
Depreciation Depletion$1,692--$1,692
Total Functional Expenses$614,632$0$0$614,632

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$614,632
Total Expenses per Audited Statements$614,632
Total Expenses per Form 990$614,632
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
Lobbying activity
No
In-house lobbying only
No
Subject to proxy tax
Yes
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
No
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
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder

Professional membership organization of optometrists

Form 990, Part VI, Line 11B: Form 990 Review Process

Board reviews completed form 990

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

Review of by laws and policies is done annually with an attorney when needed.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Upon Request

Filing and Contact Details

Filer

Filer Name
Minnesota Optometric Association
EIN
41-0849989
Phone
8006788232
Address
3800 American Blvd West, Bloomington, MN 55431

Signing Officer

Name
Beth Coleman
Title
Executive Director
Signed
2017-06-29
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dr Mike Ackermann
Formed
1938
Voting Board Members
10
Independent Board Members
0
Employees
2
Volunteers
30

Preparer

Firm
Carpenter Evert & Associates
Address
7760 France Ave S 940, Bloomington, MN 55435
Preparer
Neal O Evert
Phone
9528310085
Supplemental Narrative

Financial Statement Notes

Part X : FIN48 Footnote

The Organization has a tax-exempt status under Section 501(c)(6) of the Internal Revenue Code and has adopted Accounting for Uncertainty in Income Taxes, ASC 740-10. The Organization's policy is to evaluate uncertain tax positions, at least annually, for the potential for income tax exposure from unrelated business income or from loss of nonprofit status. The Organization continues to operate consistent with its original exemption application and each year takes the necessary actions to maintain its exempt status. It has been classified as an organization that is not a private foundation under the Internal Revenue Code and charitable contributions by donors are tax deductible.

Raw XML AppendixShowing 400 of 439 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0225911
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0306067
IRS990/AccountsReceivableGrp/BOYAmt01517
IRS990/AccountsReceivableGrp/EOYAmt01373
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0The Minnesota Optometric Association is a voluntary organization of eye doctors committed to enhancing eye health care for all Minnesotans through legislative and advocacy efforts, community service and continued education.
IRS990/AdvertisingGrp/ProgramServicesAmt019050
IRS990/AdvertisingGrp/TotalAmt019050
IRS990/AllAffiliatesIncludedInd0false
IRS990/AllOtherContributionsAmt03000
IRS990/AllOtherExpensesGrp/ProgramServicesAmt04434
IRS990/AllOtherExpensesGrp/TotalAmt04434
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0false
IRS990/BackupWthldComplianceInd0false
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0Beth Coleman
IRS990/BooksInCareOfDetail/PhoneNum08006788232
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt03800 AMERICAN BLVD WEST SUITE 1500
IRS990/BooksInCareOfDetail/USAddress/CityNm0BLOOMINGTON
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MN
IRS990/BooksInCareOfDetail/USAddress/ZIPCd055431
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0182705
IRS990/CashNonInterestBearingGrp/EOYAmt0280113
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt0111386
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0111386
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt0166666
IRS990/ConferencesMeetingsGrp/TotalAmt0166666
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0674635
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt04931
IRS990/CYOtherExpensesAmt0438563
IRS990/CYOtherRevenueAmt025572
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt090506
IRS990/CYSalariesCompEmpBnftPaidAmt0176069
IRS990/CYTotalExpensesAmt0614632
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0705138
IRS990/DAFExcessBusinessHoldingsInd0false
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ProgramServicesAmt01692
IRS990/DepreciationDepletionGrp/TotalAmt01692
IRS990/Desc0Fall Meeting Continuing education - A two day conference to provide education to approximately 200 OD's and staff. The OD Education is two days the staff education was one day.Annual meeting - This is a two day conference that provides education to about 300 OD's and staff. The two day education is provided for OD's and staff along with the organizations annual business meeting.
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DistributionToDonorInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0true
IRS990/EmployeeCnt02
IRS990/EmploymentTaxReturnsFiledInd0false
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/EscrowAccountInd0false
IRS990/ExpenseAmt0614632
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt05006
IRS990/FeesForServicesAccountingGrp/TotalAmt05006
IRS990/FeesForServicesLegalGrp/TotalAmt00
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt0109327
IRS990/FeesForServicesOtherGrp/TotalAmt0109327
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt70.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt80.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt90.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt100.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt110.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt101.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1140.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd6X
IRS990/Form990PartVIISectionAGrp/OfficerInd7X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1110406
IRS990/Form990PartVIISectionAGrp/PersonNm0DR RANDY KEMPFER
IRS990/Form990PartVIISectionAGrp/PersonNm1DR MIKE ACKERMANN
IRS990/Form990PartVIISectionAGrp/PersonNm2DR TONY DOFFIN
IRS990/Form990PartVIISectionAGrp/PersonNm3DR JESSICA SCHARA
IRS990/Form990PartVIISectionAGrp/PersonNm4TERRY TANCABEL
IRS990/Form990PartVIISectionAGrp/PersonNm5DR MATT BAUER
IRS990/Form990PartVIISectionAGrp/PersonNm6NICHOLAS COLATRELLA
IRS990/Form990PartVIISectionAGrp/PersonNm7DR MIKE HANEN-SMITH
IRS990/Form990PartVIISectionAGrp/PersonNm8DR BRIDGET AXELSON
IRS990/Form990PartVIISectionAGrp/PersonNm9DR SAM VILLELLA
IRS990/Form990PartVIISectionAGrp/PersonNm10KATIE ALECKSON
IRS990/Form990PartVIISectionAGrp/PersonNm11BETH COLEMAN
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt11100980
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/TitleTxt0Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt1President
IRS990/Form990PartVIISectionAGrp/TitleTxt2Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt3Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt4Past President
IRS990/Form990PartVIISectionAGrp/TitleTxt5Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt6Past President
IRS990/Form990PartVIISectionAGrp/TitleTxt7Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt8Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt9President-Elect
IRS990/Form990PartVIISectionAGrp/TitleTxt10Past President
IRS990/Form990PartVIISectionAGrp/TitleTxt11Executive Dir.
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/Form990TFiledInd0false
IRS990/FormationYr01938
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt010
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0705138
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt00
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ProgramServicesAmt07510
IRS990/InformationTechnologyGrp/TotalAmt07510
IRS990/InsuranceGrp/ProgramServicesAmt04914
IRS990/InsuranceGrp/TotalAmt04914
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt04931
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt04931
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt0183451
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt0212536
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/InvestTaxExemptBondsInd0false
IRS990/IRPDocumentCnt018
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt010020
IRS990/LandBldgEquipBasisNetGrp/BOYAmt02062
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0369
IRS990/LandBldgEquipCostOrOtherBssAmt010389
IRS990/LicensedMoreThanOneStateInd0false
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembershipDuesAmt0671635
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0false
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0The Minnesota Optometric Association is a voluntary organization of eye doctors committed to enhancing eye health care for all Minnesotans through legislative and advocacy efforts, community service and continued education.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0183657
IRS990/NetAssetsOrFundBalancesEOYAmt0280579
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt06416
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt025895
IRS990/OccupancyGrp/TotalAmt025895
IRS990/OfficeExpensesGrp/ProgramServicesAmt02505
IRS990/OfficeExpensesGrp/TotalAmt02505
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0Bank and Credit Card Fees
IRS990/OtherExpensesGrp/Desc1Printing and Publications
IRS990/OtherExpensesGrp/Desc2Grant Expense
IRS990/OtherExpensesGrp/Desc3Dues & Subscriptions
IRS990/OtherExpensesGrp/ProgramServicesAmt018800
IRS990/OtherExpensesGrp/ProgramServicesAmt17161
IRS990/OtherExpensesGrp/ProgramServicesAmt24866
IRS990/OtherExpensesGrp/ProgramServicesAmt34501
IRS990/OtherExpensesGrp/TotalAmt018800
IRS990/OtherExpensesGrp/TotalAmt17161
IRS990/OtherExpensesGrp/TotalAmt24866
IRS990/OtherExpensesGrp/TotalAmt34501
IRS990/OtherRevenueMiscGrp/Desc0Other Income
IRS990/OtherRevenueMiscGrp/ExclusionAmt025572
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt025572
IRS990/OtherRevenueTotalAmt025572
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt052717
IRS990/OtherSalariesAndWagesGrp/TotalAmt052717
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/ProgramServicesAmt011966
IRS990/PayrollTaxesGrp/TotalAmt011966
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt03851
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt016075
IRS990/PrincipalOfficerNm0DR MIKE ACKERMANN
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0644198
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt04363
IRS990/PymtTravelEntrtnmntPubOfclGrp/ProgramServicesAmt019402
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt019402
IRS990/PYOtherExpensesAmt0470370
IRS990/PYOtherRevenueAmt08969
IRS990/PYRevenuesLessExpensesAmt017847
IRS990/PYSalariesCompEmpBnftPaidAmt0169313
IRS990/PYTotalExpensesAmt0639683
IRS990/PYTotalRevenueAmt0657530
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt090506
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0true
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt035982
IRS990/SavingsAndTempCashInvstGrp/EOYAmt076180
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleC/AgreeCarryoverPriorYearInd0false
IRS990ScheduleC/Form1120POLFiledInd0false
IRS990ScheduleC/OnlyInHouseLobbyingInd0false
IRS990ScheduleC/SubstantiallyAllDuesNondedInd0true
IRS990ScheduleD/ExpensesSubtotalAmt0614632
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/NetUnrealizedGainsInvstAmt06416
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0369
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt010020
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt010389
IRS990ScheduleD/RevenueNotReportedAmt06416
IRS990ScheduleD/RevenueSubtotalAmt0705138
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Organization has a tax-exempt status under Section 501(c)(6) of the Internal Revenue Code and has adopted Accounting for Uncertainty in Income Taxes, ASC 740-10. The Organization's policy is to evaluate uncertain tax positions, at least annually, for the potential for income tax exposure from unrelated business income or from loss of nonprofit status. The Organization continues to operate consistent with its original exemption application and each year takes the necessary actions to maintain its exempt status. It has been classified as an organization that is not a private foundation under the Internal Revenue Code and charitable contributions by donors are tax deductible.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X : FIN48 Footnote
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0369
IRS990ScheduleD/TotalBookValueSecuritiesAmt0212536
IRS990ScheduleD/TotalExpensesPerForm990Amt0614632
IRS990ScheduleD/TotalRevenuePerForm990Amt0705138
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0711554
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0614632
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PROFESSIONAL MEMBERSHIP ORGANIZATION OF OPTOMETRISTS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Board reviews completed form 990
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Review of by laws and policies is done annually with an attorney when needed.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Upon Request
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0MN
IRS990/SubjectToProxyTaxInd0true
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0409568
IRS990/TotalAssetsEOYAmt0586646
IRS990/TotalAssetsGrp/BOYAmt0409568
IRS990/TotalAssetsGrp/EOYAmt0586646
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0674635
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0614632
IRS990/TotalFunctionalExpensesGrp/TotalAmt0614632
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0225911
IRS990/TotalLiabilitiesEOYAmt0306067
IRS990/TotalLiabilitiesGrp/BOYAmt0225911
IRS990/TotalLiabilitiesGrp/EOYAmt0306067
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0183657
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0280579
IRS990/TotalOtherCompensationAmt010406
IRS990/TotalProgramServiceExpensesAmt0614632
IRS990/TotalProgramServiceRevenueAmt00
IRS990/TotalReportableCompFromOrgAmt0100980
IRS990/TotalRevenueGrp/ExclusionAmt030503
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0705138
IRS990/TotalVolunteersCnt030
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0409568
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0586646
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/ProgramServicesAmt036834
IRS990/TravelGrp/TotalAmt036834

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.26$0.41$0.85$0.83$0.81$0.02
2023Detailed filing. Detailed filing data is available for this year.$1.19$0.39$0.81$0.78$0.73$0.05
2022Detailed filing. Detailed filing data is available for this year.$1.15$0.44$0.71$0.79$0.70$0.09
2021Detailed filing. Detailed filing data is available for this year.$1.15$0.44$0.70$0.74$0.61$0.12
2020Detailed filing. Detailed filing data is available for this year.$0.97$0.41$0.56$0.65$0.58$0.06
2019Detailed filing. Detailed filing data is available for this year.$0.86$0.39$0.47$0.79$0.75$0.05
2018Detailed filing. Detailed filing data is available for this year.$0.77$0.38$0.39$0.77$0.70$0.07
2017Detailed filing. Detailed filing data is available for this year.$0.66$0.32$0.34$0.72$0.66$0.05
2016Detailed filing. Detailed filing data is available for this year.$0.59$0.31$0.28$0.71$0.61$0.09
2015Detailed filing. Detailed filing data is available for this year.$0.41$0.23$0.18$0.66$0.64$0.02
2014Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.00$0.00$0.00
2013Detailed filing. Detailed filing data is available for this year.$0.32$0.16$0.16$0.62$0.59$0.03
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.29$0.17$0.13$0.58
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.29$0.20$0.09$0.61
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.16$0.07$0.10$0.61