2024-05-14T14:17:19-05:00 2023-06-30 521392008 GELMAN ROSENBERG & FREEDMAN 4550 MONTGOMERY AVE SUITE 800N BETHESDA MD 208142930 990 2022-07-01 521005768 ASSOCIATION OF SCHOOLS AND COLLEGES OF OPTOMETRY ASSO 3012315944 143 ROLLINS AVE 2046 ROCKVILLE MD 20847 DAWN MANCUSO EXECUTIVE VP/CEO 3012315944 2024-05-14 1 DAWN MANCUSO 999009999 0 RICHARD J LOCASTRO CPA P00288314 3019519090 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z X DAWN MANCUSO 143 ROLLINS AVE 2046 ROCKVILLE MD 20847 3802127 0 X WWW.OPTOMETRICEDUCATION.ORG X 1972 MD SEE PART III, LINE 1. 24 24 12 500 29327 0 656442 873810 2148653 2596623 675720 268353 845 15435 3481660 3754221 188355 0 0 0 1134011 1256650 0 0 243208 1780876 2323951 3103242 3580601 378418 173620 11621143 11311771 1958082 843679 9663061 10468092 X THE ASSOCIATION OF SCHOOLS AND COLLEGES OF OPTOMETRY (ASCO) ADVANCES OPTOMETRIC EDUCATION AND RESEARCH TO ENHANCE THE HEALTH AND WELL-BEING OF THE PUBLIC. 0 0 1440224 1587167 APPLICANT DEVELOPMENT: PROMOTED THE FIELD OF OPTOMETRY TO A DIVERSIFIED AND QUALIFIED GROUP OF HIGH SCHOOL AND COLLEGE STUDENTS VIA BROCHURES, INFORMATIONAL MATERIALS, DATA, WEBSITE, AND SOCIAL MEDIA. 472040 496550 FACULTY DEVELOPMENT: ASCO HOLDS SPECIAL INTEREST GROUP MEETINGS WHERE FACULTY CAN SHARE DEVELOPMENTS IN THEIR PARTICULAR FIELDS OF INTEREST AND DEVELOP POLICY RECOMMENDATIONS THAT SUPPORT A HIGH QUALITY OF OPTOMETRIC EDUCATION. 169103 167878 COMMUNICATIONS: THE COMMUNICATIONS DEPARTMENT OVERSEES ALL INTERNAL AND EXTERNAL COMMUNICATIONS FOR ASCO, INCLUDING ITS WEBSITES, NEWSLETTER, JOURNAL, SOCIAL MEDIA FEEDS, AND CORRESPONDENCE WITH ALL CONSTITUENTS, INCLUDING MEMBERS OF THE MEDIA. 144179 141960 BOARD ACTIVITIES 84607 63257 ADVOCACY 124530 70218 DATA COLLECTION AND ANALYSIS 290894 69593 SPECIAL PROJECTS 644210 345028 2725577 1 1 0 1 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 15 0 1 12 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 24 24 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 MD X SUSAN HUGHES 3012315944 143 ROLLINS AVE 2046 ROCKVILLE MD 20847 MELISSA TREGO PRESIDENT 10.00 X X 0 0 0 MARK COLIP PRESIDENT-ELECT 5.00 X X 0 0 0 MICHAEL BACIGALUPI TREASURER 5.00 X X 0 0 0 FRASIER HORN SECRETARY 5.00 X X 0 0 0 KELLY NICHOLS IMMEDIATE PAST-PRESIDENT 5.00 X X 0 0 0 JOSEPH BONANNO AT LARGE MEMBER 1.00 X 0 0 0 ERIC BORSTING AT LARGE MEMBER 1.00 X 0 0 0 NANCY COLETTA AT LARGE MEMBER 1.00 X 0 0 0 KESHIA ELDER AT LARGE MEMBER 1.00 X 0 0 0 ALICIA FEIS AT LARGE MEMBER 1.00 X 0 0 0 JOHN FLANAGAN AT LARGE MEMBER 1.00 X 0 0 0 SANDRA FORTENBERRY AT LARGE MEMBER 1.00 X 0 0 0 DAVID HEATH AT LARGE MEMBER 1.00 X 0 0 0 ADAM HICKENBOTHAM AT LARGE MEMBER 1.00 X 0 0 0 ELIZABETH HOPPE AT LARGE MEMBER 1.00 X 0 0 0 ANDRES PAGAN AT LARGE MEMBER 1.00 X 0 0 0 DOUG PENISTEN AT LARGE MEMBER 1.00 X 0 0 0 HOWARD PURCELL AT LARGE MEMBER 1.00 X 0 0 0 LEWIS REICH AT LARGE MEMBER 1.00 X 0 0 0 LINDA ROUSE AT LARGE MEMBER 1.00 X 0 0 0 MELISSA SUCKOW AT LARGE MEMBER 1.00 X 0 0 0 DANIEL TAYLOR AT LARGE MEMBER 1.00 X 0 0 0 MICHAEL TWA AT LARGE MEMBER 1.00 X 0 0 0 KARLA ZADNIK AT LARGE MEMBER 1.00 X 0 0 0 DAWN MANCUSO EXECUTIVE VICE PRESIDENT/CEO 35.00 X 275517 0 52949 PAIGE PENCE DIR., STUDENT & RESIDENCY AFFAIRS 35.00 X 121347 0 26570 KIM O'SULLIVAN DIRECTOR, COMMUNICATIONS 35.00 X 117955 0 26445 514819 0 105964 3 0 1 0 TRUTH COLLECTIVE LLC 25 RUSSELL STREET ROCHESTER NY 14607 PR SERVICES & AD COMMISSIONS 503272 1 873810 873810 MEMBERSHIP 900099 1575386 1575386 OPTOMCAS 900099 338722 338722 OAT FEES 900099 306880 306880 SPONSORSHIP 900099 240500 240500 REGISTRATION FEES 900099 87128 87128 48007 18680 29327 2596623 262627 262627 53632 47906 5726 5726 5726 MISCELLANEOUS 900099 15435 15435 15435 3754221 2567296 29327 283788 X 336871 232441 80849 23581 712872 464279 98401 150192 60340 39178 8012 13150 81204 53061 11669 16474 65363 43288 10915 11160 2329 1841 488 117825 117825 53632 53632 764200 760750 3450 663623 663623 29941 9556 20348 37 172849 94140 78137 572 84866 84866 150839 138034 2494 10311 202569 182205 3028 17336 10897 10897 14378 14378 DUES & SUBSCRIPTIONS 30192 27294 2613 285 GIFTS/AWARDS 8950 8226 719 5 PROF. DEVELOPMENT 6342 609 5733 PRINTING 5863 5662 96 105 4656 1390 3266 3580601 2725577 611816 243208 2714872 1464155 12500 140500 62833 79737 107089 82211 184060 107229 17740 76831 8505628 9344463 2970 2400 197511 121474 11621143 11311771 210650 158334 1528613 552803 218819 132542 1958082 843679 X 4924309 5335105 4738752 5132987 9663061 10468092 11621143 11311771 173620 631411 0 X 0 1 X 1 0 X 587827 467201 510194 656442 873810 3095474 2122123 2204746 2205484 2122465 2567296 11222114 2709950 2671947 2715678 2778907 3441106 14317588 0 1248115 1350984 1403594 1265432 1263356 6531481 1248115 1350984 1403594 1265432 1263356 6531481 7786107 403422 335388 271740 394714 262627 1667891 403422 335388 271740 394714 262627 1667891 2994 310 51 845 15435 19635 3116366 3007645 2987469 3174466 3719168 16005114 0.48650 0.45760 0.10420 0.12260 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 3580601 3580601 329030 82258 0 0 311720 291913 305162 329030 1237825 1856738 77930 72978 76291 82258 309457 464186 8436869 16000 841236 410168 8883937 10086172 205395 -1200927 376708 277063 8436869 8275764 223021 2188216 205131 395698 10086172 8411419 186150 82326 159811 244320 8275764 8445785 49378 292714 376458 8411419 0.50210 0.49790 0 0 16825 14074 2751 42995 35162 7833 124240 57993 66247 76831 LEASE LIABILITY 132542 132542 X 4332000 631411 631411 3700589 53632 53632 3754221 3526969 0 3526969 53632 53632 3580601 PART V, LINE 4: BOARD DESIGNATED ENDOWMENT: TO MEET THE FUTURE NEEDS OF THE ORGANIZATION AND TO ENSURE A SUFFICIENCY OF INCOME TO BRIDGE A POSSIBLE BUDGET SHORTFALL. PERMANENT ENDOWMENT: THE PERMANENT ENDOWMENT IS COMPRISED OF THE INITIAL CORPUS OF THE PARTNERSHIP ENDOWMENT ALL FUTURE CONTRIBUTIONS AND A PORTION OF THE ANNUAL INVESTMENT INCOME. THE PARTNERSHIP ENDOWMENT WAS ESTABLISHED TO ADVANCE OPTOMETRIC EDUCATION. TEMPORARY RESTRICTED ENDOWMENT: A PORTION OF THE ANNUAL INVESTMENT INCOME IS AVAILABLE FOR DISTRIBUTION TO ASCO FOR INITIATIVES THAT ADVANCE OPTOMETRIC EDUCATION. A PORTION IS ALSO AVAILABLE FOR DISTRIBUTION THROUGH GRANTS TO ASCO'S MEMBER SCHOOLS. THESE DISTRIBUTIONS WILL BE USED FOR QUALIFIED PROGRAMS OR PROJECTS TO ADVANCE OPTOMETRIC EDUCATION. PART X, LINE 2: FOR THE YEAR ENDED JUNE 30, 2023, THE ASSOCIATION HAS DOCUMENTED ITS CONSIDERATION OF FASB ASC 740-10, INCOME TAXES, THAT PROVIDES GUIDANCE FOR REPORTING UNCERTAINTY IN INCOME TAXES AND HAS DETERMINED THAT NO MATERIAL UNCERTAIN TAX POSITIONS QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. X X X 0 0 0 0 0 0 0 1 0 DAWN MANCUSO EXECUTIVE VICE PRESIDENT/CEO 250517 0 25000 0 0 0 0 0 52949 0 328466 0 0 0 PART I, LINE 7 THE FOLLOWING EMPLOYEES RECEIVED BONUSES DURING 2022: DAWN MANCUSO: $25,000 FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WAS PREPARED BY THE OUTSIDE ACCOUNTANTS AND REVIEWED BY SENIOR MANAGEMENT. A FINAL COPY OF THE FORM 990 WAS REVIEWED BY THE BOARD BEFORE IT WAS FILED WITH THE IRS. EACH BOARD MEMBER WAS PROVIDED ONE WEEK TO ASK QUESTIONS OF THE TREASURER AND RECEIVE ANSWERS. FORM 990, PART VI, SECTION B, LINE 12C A COPY OF THE CONFLICT OF INTEREST STATEMENT IS FURNISHED TO EACH DIRECTOR OR OFFICER, EMPLOYEE AND/OR CONTRACTOR WHO SERVES THE ASSOCIATION. THIS POLICY IS REVIEWED ANNUALLY FOR INFORMATION AND GUIDANCE OF DIRECTORS AND OFFICERS, STAFF MEMBERS AND CONTRACTORS. NEW OFFICERS AND DIRECTORS, STAFF MEMBERS AND CONTRACTORS ARE ADVISED OF THE POLICY UPON UNDERTAKING THE DUTIES OF THEIR OFFICES. PRIOR TO THE BEGINNING OF EACH BOARD AND ANNUAL MEETING, THE PRESIDENT VERBALLY REQUESTS THAT ALL MEMBERS IDENTIFY ANY AGENDA ISSUES THAT MAY POSE A CONFLICT OF INTEREST. PRIOR TO EACH FALL BOARD MEETING, THE EXECUTIVE DIRECTOR OR APPROPRIATE STAFF REQUESTS ALL BOARD MEMBERS TO PROVIDE ANNUAL UPDATES OF THEIR ASCO CONFLICT OF INTEREST DECLARATIONS. IF ANY SUCH CONFLICT OF INTEREST ARISES, THE INTERESTED PERSON IS CALLED TO THE ATTENTION OF THE BOARD OF DIRECTORS FOR RESOLUTION. IF THE CONFLICT RELATES TO A MATTER REQUIRING BOARD ACTION, SUCH PERSON DOES NOT VOTE ON THE MATTER OR IS ASKED TO LEAVE THE ROOM DURING DELIBERATIONS AND VOTING ON THE ISSUE. WHEN THERE IS A DOUBT AS TO WHETHER ANY CONFLICT OF INTEREST EXISTS, THE MATTER IS RESOLVED BY A VOTE OF THE BOARD OF DIRECTORS, EXCLUDING THE PERSON WHO IS THE SUBJECT OF THE POSSIBLE CONFLICT. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS MEETS EACH YEAR WITH THE EXECUTIVE VICE PRESIDENT/CEO TO REVIEW HER PRIOR YEAR'S PERFORMANCE. THE EXECUTIVE COMMITTEE COMPLETES THE PERFORMANCE REVIEW BASED ON PROGRESS OF THE EXECUTIVE VICE PRESIDENT/CEO IN MEETING PROGRAM AND STRATEGIC GOALS. COMPENSATION FOR THE SUBSEQUENT FISCAL YEAR IS BASED ON PROGRESS IN MEETING THE OBJECTIVES AND INDUSTRY BENCHMARKS. ACCORDING TO ASCO'S SALARY ADMINISTRATION PLAN, THE EXECUTIVE VICE PRESIDENT/CEO CONDUCTS A SALARY COMPENSATION SURVEY, USING NATIONAL SALARY STUDIES AND SALARY DATA AND 990S FROM SIMILAR ORGANIZATIONS, TO PROPOSE REVISIONS TO STAFF SALARY RANGES FOR CONSIDERATION BY THE EXECUTIVE COMMITTEE. THE EXECUTIVE COMMITTEE DETERMINES ANY CHANGES IN SALARY RANGES BASED ON THESE SURVEYS CONDUCTED EVERY THREE YEARS. THE BOARD OF DIRECTORS SETS AN ANNUAL COMPENSATION BUDGET. THE LAST COMPENSATION/PERFORMANCE REVIEW FOR THE EXECUTIVE DIRECTOR TOOK PLACE IN APRIL 2022. THE EXECUTIVE DIRECTOR REVIEWS THE PERFORMANCE OF ALL EMPLOYEES ON AN ANNUAL BASIS. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND A COPY OF ASCO'S FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST FROM THE ASCO OFFICE. FORM 990, PART IX, LINE 11G DATA COLLECTION FEES: PROGRAM SERVICE EXPENSES 24,615. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 24,615. OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 715,699. MANAGEMENT AND GENERAL EXPENSES 3,450. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 719,149. EDITORIAL FEES: PROGRAM SERVICE EXPENSES 20,436. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 20,436.