California Optometric Association in Sacramento, California (CA)

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California Optometric Association
Employer Identification Number (EIN)941017064
Name of OrganizationCalifornia Optometric Association
Address2415 K St, Sacramento, CA 95816-5001
ActivitiesOther school related activities, Propose, support, or oppose legislation, Professional association
SubsectionBusiness League
Ruling Date08/1959
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2013
Assets$5,000,000 to $9,999,999
Income$10,000,000 to $49,999,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$9,919,258
Amount of Income$11,196,133
Form 990 Revenue Amount$3,736,299
National Taxonomy of Exempt Entities (NTEE)Health - General and Rehabilitative: Professional Societies, Associations


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Amount of income in 2013: $11,196,133
This organization: 

 $11,196,133
Other organizations performing similar types of work: 

 $958,660

Assets in 2013: $9,919,258
California Optometric Association: 

 $9,919,258
Other organizations performing similar types of work: 

 $1,194,763

Expenses in 2012: $3,257,509
This organization: 

 $3,257,509
Other organizations performing similar types of work: 

 $738,161

Income to expenses ratio in 2012: 3.4
California Optometric Association: 

 3.4
Other organizations performing similar types of work: 

 1.2

Number of employees in 2012: 21
This organization: 

 21
Other organizations performing similar types of work: 

 5

Employees paid over $100,000 in 2012: 19.0%
This organization: 

 19.0%
Other organizations performing similar types of work: 

 0.0%

Financial snapshot ($)

Revenue for 2012

Functional expenses for 2012

Statements Regarding Other IRS Filings and Tax Compliance (for 2012)
Did the organization have unrelated business gross income of $1,000 or more during the year?Yes
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities $0
Gross income from members or shareholders$0
Gross income from other sources$0
Statement of Revenue (for 2012)
Total revenue$3,569,491
Contributions, Gifts, Grants and Other Similar Amounts$0
Program Service Revenue$2,804,936
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$206,446
Income from investment of tax-exempt bond proceeds$0
Royalties$324,967
Net rental income$45,593
Gross rents (Real / Personal)$45,593 / $0
Less: rental expenses (Real / Personal)$0 / $0
Rental income or (loss) (Real / Personal)$45,593 / $0
Net gain from sales of assets other than inventory$23,258
Gross amount from sales of assets other than inventory (Securities / Other)$5,226,956 / $0
Less: cost or other basis and sales expenses (Securities / Other)$5,203,698 / $0
Gain or (loss) (Securities / Other)$23,258 / $0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$280
Gross sales of inventory, less returns and allowances$280
Less: cost of goods sold$0
Miscellaneous Revenue$164,011
Statement of Functional Expenses (for 2012)
Total functional expenses$3,257,509
Compensation of current officers, directors, trustees, and key employees$458,446
Other salaries and wages$774,953
Payroll taxes$98,916
Professional fundraising services$0
Other$1,925,194
Balance Sheet (for 2012)
Total assets$9,855,878
Total liabilities$833,978
Tax-exempt bond liabilities$0
Secured mortgages and notes payable to unrelated third parties$0
Unsecured notes and loans payable to unrelated third parties$0
Other$833,978
Total net assets or fund balances$9,021,900
Retained earnings, endowment, accumulated income, or other funds$0
Reason for Public Charity Status (for 2012)
The organization is not a private foundation because it is:Not provided
Revenue, Expenses, and Changes in Net Assets or Fund Balances
20062007
Total revenue$3,650,771$4,065,694
Contributions, gifts, grants, and similar amounts received$0$0
Contributions to donor advised funds$0$0
Direct public support$0$0
Indirect public support$0$0
Government contributions (grants)$0$0
Program service revenue including government fees and contracts$1,245,127$1,382,257
Membership dues and assessments$1,651,759$1,662,022
Interest on savings and temporary cash investments$24,708$78,135
Dividends and interest from securities$215,113$257,697
Net rental income or (loss)$55,183$55,183
Gross rents$55,183$55,183
Less: rental expenses$0$0
Other investment income$0$0
Gain or (loss) from sales of assets other than inventory$-26,517$121,373
Gross amount from sales of assets other than inventory$2,723,792$3,028,849
Less: cost or other basis and sales expenses$2,750,309$2,907,476
Net income or (loss) from special events and activities$0$0
Gross revenue$0$0
Less: direct expenses other than fundraising expenses$0$0
Gross profit or (loss) from sales of inventory$0$504
Gross sales of inventory, less returns and allowances$0$1,519
Less: cost of goods sold$0$1,015
Other revenue$485,398$508,523
Total expenses$3,584,210$3,689,947
Program services$0$0
Management and general$0$0
Fundraising$0$0
Payments to affiliates$0$0
Net assets or fund balances at end of year$8,772,270$9,239,180
Excess or (deficit) for the year$66,561$375,747
Net assets or fund balances at beginning of year$8,316,382$8,772,270
Other changes in net assets or fund balances$389,327$91,163
Statement of Functional Expenses (for 2007)
TotalProgram servicesManagement and generalFundraising
Total functional expenses$3,689,947$0$0$0
Grants paid from donor advised funds$0
Other grants and allocations$38,682
Specific assistance to individuals$0
Benefits paid to or for members$0
Compensation of current officers, directors, key employees, etc.$215,818$0$0$0
Compensation of former officers, directors, key employees, etc.$0$0$0$0
Compensation and other distributions, not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)$0$0$0$0
Salaries and wages of employees not included above$1,022,889$0$0$0
Pension plan contributions not included above$52,970$0$0$0
Employee benefits not included above$144,499$0$0$0
Payroll taxes$90,690$0$0$0
Professional fundraising fees$0$0$0$0
Accounting fees$31,135$0$0$0
Legal fees$40,320$0$0$0
Supplies$39,090$0$0$0
Telephone$26,862$0$0$0
Postage and shipping$63,615$0$0$0
Occupancy$31,087$0$0$0
Equipment rental and maintenance$108,364$0$0$0
Printing and publications$299,343$0$0$0
Travel$145,120$0$0$0
Conferences, conventions, and meetings$254,539$0$0$0
Interest$34,889$0$0$0
Depreciation, depletion, etc.$54,015$0$0$0
Other expenses not covered above$996,020$0$0$0
Balance Sheets
20062007
Total assets$10,223,112$10,539,651
Cash - non-interest-bearing$0$0
Savings and temporary cash investments$3,544,596$3,608,982
Accounts receivable less allowance for doubtful accounts$201,741$140,457
Pledges receivable less allowance for doubtful accounts$0$0
Grants receivable$0$0
Receivables from current and former officers, directors, trustees, and key employees$0$0
Receivables from other disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)$0$0
Other notes and loans receivable less allowance for doubtful accounts$0$0
Inventories for sale or use$2,998$1,945
Prepaid expenses and deferred charges$188,739$153,257
Investments - publicly-traded securities$3,719,554$3,729,870
Investments - other securities$1,373,676$1,582,290
Investments - land, buildings, and equipment less accumulated depreciation$0$0
Investments - other$0$0
Land, buildings, and equipment less accumulated depreciation$1,191,718$1,268,743
Other assets, including program-related investments$90$54,107
Total liabilities$1,450,842$1,300,471
Accounts payable and accrued expenses$590,016$525,538
Grants payable$0$0
Deferred revenue$339,123$296,319
Loans from officers, directors, trustees, and key employees$0$0
Tax-exempt bond liabilities$0$0
Mortgages and other notes payable$521,703$478,614
Other liabilities$0$0
Total liabilities and net assets/fund balances$10,223,112$10,539,651
Total net assets or fund balances$8,772,270$9,239,180
Reconciliation of Revenue per Audited Financial Statements With Revenue per Return
20062007
Total revenue$3,650,771$4,065,694
Total revenue, gains, and other support per audited financial statements$3,916,344$4,041,878
Other expenses$389,327$91,163
Net unrealized gains on investments$389,327$91,163
Donated services and use of facilities$0$0
Recoveries of prior year grants$0$0
Other$0$0
Other revenue$123,754$114,979
Investment expenses$0$0
Other$123,754$114,979
Reconciliation of Expenses per Audited Financial Statements With Expenses per Return
20062007
Total expenses$3,584,210$3,623,369
Total expenses and losses per audited financial statements$3,482,987$3,623,369
Other revenue$0$0
Donated services and use of facilities$0$0
Prior year adjustments$0$0
Losses$0$0
Other$0$0
Other expenses$101,223$0
Investment expenses$0$0
Other$101,223$0
Current Officers, Directors, Trustees, and Key Employees
Average hours per week devoted to positionCompensationContributions to employee benefit plans & deferred compensation plansExpense account and other allowances
40$180,711$27,107$0
1$6,500$0$0
1$1,500$0$0
Total number of officers, directors, and trustees permitted to vote on organization business at board meetings10
Are any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, related to each other through family or business relationships?No
Do any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, receive compensation from any other organizations, whether tax exempt or taxable, that are related to the organization?No
Does the organization have a written conflict of interest policy?Yes
Other Information
Did the organization have unrelated business gross income of $1,000 or more during the year covered by this return, and has it filed a tax return on Form 990-T for this year?Yes
Was there a liquidation, dissolution, termination, or substantial contraction during the year?No
Is the organization related (other than by association with a statewide or nationwide organization) through common membership, governing bodies, trustees, officers, etc., to any other exempt or nonexempt organization?Yes
Direct and indirect political expenditures$0
Did the organization file Form 1120-POL for this year?No
Were substantially all dues nondeductible by members?No
Did the organization make only in-house lobbying expenditures of $2,000 or less?No
Dues, assessments, and similar amounts from members$1,662,022
Section 162(e) lobbying and political expenditures$288,450
Aggregate nondeductible amount of section 6033(e)(1)(A) dues notices$442,264
Taxable amount of lobbying and political expenditures$-153,814
Does the organization elect to pay the section 6033(e) tax on the amount above?No
If section 6033(e)(1)(A) dues notices were sent, does the organization agree to add the amount above to its reasonable estimate of dues allocable to nondeductible lobbying and political expenditures for the following tax year?No
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
At any time during the year, did the organization, directly or indirectly, own a controlled entity within the meaning of section 512(b)(13)?No
Amount of tax imposed on the organization during the year under: section 4911$0
Amount of tax imposed on the organization during the year under: section 4912$0
Amount of tax imposed on the organization during the year under: section 4955$0
Did the organization engage in any section 4958 excess benefit transaction during the year or did it become aware of an excess benefit transaction from a prior year?
Amount of tax imposed on the organization managers or disqualified persons during the year under sections 4912, 4955, and 4958$0
Amount of tax above, reimbursed by the organization$0
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?No
Did the organization acquire a direct or indirect interest in any applicable insurance contract?No
Did the supporting organization, or a fund maintained by a sponsoring organization, have excess business holdings at any time during the year?No
Number of employees employed in the pay period that includes March 12, 200619
Analysis of Income-Producing Activities (for 2007)
Unrelated business incomeExcluded by section 512, 513, or 514Related or exempt function income
Business codeAmountExclusion codeAmount
Total$50,871$1,251,082$1,763,741
Program service revenue
Program service revenue 1Advertising and related services$50,87100$0$0
Program service revenue 2000000$0Section 501(c)(3), (4), (5), or (6) organization - Qualified convention and trade show activity income (section 513(d)(3))$156,286$0
Program service revenue 3000000$0Section 501(c)(4) local association of employees organized before 5/27/69 - Income from the sale of work-related clothes or equipment and items normally sold through vending machines; food dispensing facilities; or snack bars for the convenience of association members at their usual places of employment (section 513(a)(2))$175,100$0
Program service revenue 4000000$000$0$0
Program service revenue 5000000$000$0$0
Medicare/Medicaid payments000000$000$0$0
Fees and contracts from government agencies000000$000$0$0
Membership dues and assessments000000$000$0$1,662,022
Interest on savings and temporary cash investments000000$0Dividends, interest, payments with respect to securities loans, annuities, income from notional principal contracts, loan commitment fees, and other substantially similar income from ordinary and routine investments excluded by section 512(b)(1)$78,135$0
Dividends and interest from securities000000$0Dividends, interest, payments with respect to securities loans, annuities, income from notional principal contracts, loan commitment fees, and other substantially similar income from ordinary and routine investments excluded by section 512(b)(1)$257,697$0
Net rental income or (loss) from real estate
debt-financed property000000$000$0$0
not debt-financed property000000$0Real property rental income that does not depend on the income or profits derived by the person leasing the property and is excluded by section 512(b)(3)$55,183$0
Net rental income or (loss) from personal property000000$000$0$0
Other investment income000000$000$0$0
Gain or (loss) from sales of assets other than inventory000000$0Gain (or loss, to the extent allowed) from the sale of investments and other non-inventory property and from certain property acquired from financial institutions that are in conservatorship or receivership (sections 512(b)(5) and 512(b)(16)(A))$121,373$0
Net income or (loss) from special events000000$000$0$0
Gross profit or (loss) from sales of inventory000000$000$0$504
Other revenue000000$0Royalty income excluded by section 512(b)(2)$407,308$101,215
Information Regarding Taxable Subsidiaries and Disregarded Entities (for 2007)
EIN of corporation, partnership, or disregarded entityPercentage of ownership interestTotal incomeEnd-of-year assets
0%$0$0
0%$0$0
0%$0$0
0%$0$0
Compensation of the Five Highest Paid Employees Other Than Officers, Directors, and Trustees (for 2007)
CompensationContributions to employee benefit plans & deferred compensationExpense account and other allowances
$0$0$0
$0$0$0
$0$0$0
$0$0$0
$0$0$0
Total number of other employees paid over $50,0000
Statements About Activities (for 2007)
Expenses paid or incurred in connection with the lobbying activities$0
Did the organization receive or hold an easement for conservation purposes, including easements to preserve open space, the environment, historic land areas or historic structures?
Did the organization provide credit counseling, debt management, credit repair, or debt negotiation services?
Did the organization maintain any donor advised funds?
Did the organization make any taxable distributions under section 4966?
Did the organization make a distribution to a donor, donor advisor, or related person?
The total number of donor advised funds owned at the end of the tax year$0
The aggregate value of assets held in all donor advised funds owned at the end of the tax year$0
The total number of separate funds or accounts owned at the end of the tax year (excluding donor advised funds included above) where donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts$0
The aggregate value of assets held in all funds or accounts included above at the end of the tax year$0
Reason for Non-Private Foundation Status
The organization is not a private foundation because it is
Support Schedule
20052006
Total$0$0
Gifts, grants, and contributions received$0$0
Membership fees received$0$0
Gross receipts from admissions, merchandise sold or services performed, or furnishing of facilities in any activity that is related to the organization's charitable, etc., purpose$0$0
Gross income from interest, dividends, amounts received from payments on securities loans (section 512(a)(5)), rents, royalties, and unrelated business taxable income (less section 511 taxes) from businesses acquired by the organization after June 30, 1975$0$0
Net income from unrelated business activities not included above$0$0
Tax revenues levied for the organization's benefit and either paid to it or expended on its behalf$0$0
The value of services or facilities furnished to the organization by a governmental unit without charge. Do not include the value of services or facilities generally furnished to the public without charge$0$0
Other income$0$0
Lobbying Expenditures by Electing Public Charities (for 2007)
Total exempt purpose expenditures$0
Total lobbying expenditures$0
Total lobbying expenditures to influence public opinion (grassroots lobbying)$0
Total lobbying expenditures to influence a legislative body (direct lobbying)$0
Other exempt purpose expenditures$0
Lobbying nontaxable amount$0
Grassroots nontaxable amount$0
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1California Optometric Association2415 K St, Sacramento, CA 95816-5001CA1959-08$11,196,133
2Public Vision League2415 K St, Sacramento, CA 95816-5001CA1965-04$2,804,992
3California Society Of Pediatric Dentists1215 K St 940, Sacramento, CA 95814CA1976-04$489,529
4San Gabriel Valley Dental Society312 E Las Tunas Dr, San Gabriel, CA 91776-1502CA1947-11$432,904
5The American Academy Of Urgent Care Medicine Inc2813 S Hiawassee Rd Ste 206, Orlando, FL 32835-6690FL2000-01$204,410
6Foundation For Dental Laboratory Technology325 John Knox Road No L-103, Tallahassee, FL 32303-4121FL2010-04$132,707
7Dental Management Coalition IncPo Box 388, White Plains, NY 10602NY2009-07$48,704
8Northwest Ohio Academy Of Podiatric Medicine2455 W Sylvania, Toledo, OH 43613-4430OH2004-01$25,750
9Oregon Society Of Healthcare Risk Management, Oshrm11575 Sw Pacific Hwy 205, Tigard, OR 97223OR2011-09$15,647
10Alliance Of Dental Hygiene Practitioners28217 80th Ave Nw, Stanwood, WA 98292-5974WA2010-02$0
11Denturist Association Of Montana215 Smelter Ave Ne Ste 3, Great Falls, MT 59404MT2009-09$0
12Kentucky Dental Laboratory AssociationPo Box 72338, Newport, KY 41072-0338KY2011-10$0
13Medical Managers Association2410 N Glendale Dr Ste A, Fort Wayne, IN 46804IN2014-03$0
14National Council Of Dental Credentialing Organizations211 E Chicago Ave Ste 750, Chicago, IL 60611-6904IL2002-01$0
15New England Association Directors Of Healthcare Volunteer Services390 Hammond Street, Bangor, ME 04401ME2010-11$0
16Oklahoma Charitable Clinic AssociationPo Box 54346, Oklahoma City, OK 73154OK2011-07$0
17Tennessee Reflexology Association3550 Buffat Mill Road, Knoxville, TN 37914-3301TN1999-08$0
18The Dr Andrew M Moore Sr Visiting Professorship Fund Inc1401 Harrodsburg Rd, Lexington, KY 40504KY2003-06$0
19Tunnel Light11200 Davis Street, Moreno Valley, CA 92557CA2000-11$0
20York County Dental Society450 W Market St, Hellam, PA 17406PA2013-02$0
Number of organizations performing similar types of work
Alabama1
Arkansas1
Arizona1
California5
Connecticut1
Florida6
Georgia1
Iowa2
Idaho1
Illinois7
Indiana1
Kansas2
Kentucky2
Massachusetts1
Maryland4
Maine1
Michigan3
Minnesota1
Missouri3
Montana1
New Hampshire1
New Jersey3
New Mexico1
Nevada1
New York6
Ohio4
Oklahoma1
Oregon2
Pennsylvania4
South Carolina1
Tennessee2
Virginia3
Washington3
Wisconsin1
Total78
20 biggest affiliated organizations
AffiliationNameAddressStateEstablishedTotal Income
CentralCalifornia Optometric Association2415 K St, Sacramento, CA 95816-5001CA1959-08$11,196,133
SubordinateCalifornia Optometric Association, Alameda Contra Costa Optometric Soc310 Mackintosh Ter, Fremont, CA 94539-3923CA1966-11$143,983
SubordinateCalifornia Optometric Association, San Diego County Optometric Society3945 1st Ave, San Diego, CA 92103-3015CA1966-11$132,480
SubordinateCalifornia Optometric Association, Santa Clara County Optometric Soc5710 Cahalan Ave Ste 2, San Jose, CA 95123-3010CA1966-11$105,074
SubordinateCalifornia Optometric Association, Inland Empire Optometric Society1850 N Riverside Ave Ste 220, Rialto, CA 92376-8082CA1966-11$63,868
SubordinateCalifornia Optometric Association, Orange County Optometric Society380 S Shaffer St, Orange, CA 92866-2026CA1959-08$55,586
SubordinateCalifornia Optometric Association1909 W Malvern Ave, Fullerton, CA 92833CA1966-11$43,868
SubordinateCalifornia Optometric Association, Los Angeles County Optometric SocPO BOX 17851, Los Angeles, CA 90017-0851CA1959-08$37,312
SubordinateCalifornia Optometric Association, San Joaquin Optometric SocietyPO BOX 77829, Stockton, CA 95267-1129CA1959-08$27,017
SubordinateCalifornia Optometric Association, South Bay Optometric Society4854 W 190th St, Torrance, CA 90503-1002CA1959-08$26,315
SubordinateCalifornia Optometric Association907 North San Fernando Blvd, Burbank, CA 91504CA1959-08$7,040
SubordinateCalifornia Optometric Association, San Francisco Optometric Society340 West Portal Ave, San Francisco, CA 94127CA1959-08$0
SubordinateCalifornia Optometric Association1745 W Avenue K Suite A, Lancaster, CA 93534CA1966-11$0
SubordinateCalifornia Optometric Association, Tri-County Optometric Society937 East Main 102, Santa Maria, CA 93454CA1966-11$0
SubordinateCalifornia Optometric Association, Sacramento Valley Optometric Soc421 Pioneer Ave Ste B, Woodland, CA 95776-4948CA1959-08$0
SubordinateCalifornia Optometric Association, Tulare Kings Optometric Society2830 W Main St, Visalia, CA 93291CA1966-11$0
SubordinateCalifornia Optometric Association747 Plumas Street, Yuba City, CA 95991CA1966-11$0
SubordinateCalifornia Optometric Association1659 E 6th St, Beaumont, CA 92223CA1966-11$0
SubordinateCalifornia Optometric Association7965 Hwy 9, Ben Lomond, CA 95005CA1966-11$0
SubordinateCalifornia Optometric Association2700 E Foothill Blvd Ste 207, Pasadena, CA 91107CA1959-08$0
Number of affiliated organizations
California28
Total28

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