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Nonprofit · EIN 41-0849989

MINNESOTA OPTOMETRIC ASSOCIATION INC

Tax-exempt · BLOOMINGTON, MN 55431

Financials

$781K$728K2023$834K$812K2024$764K$762K2025
Revenue Expenses · by fiscal year end
Financials of MINNESOTA OPTOMETRIC ASSOCIATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$764,287$762,323$1,964$1,399,468$491,243$908,225
December 31, 2024990$834,122$811,917$22,205$1,262,728$408,933$853,795
December 31, 2023990$781,324$727,602$53,722$1,193,430$387,237$806,193
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$433,745
Membership dues
$433,745
Program service revenue
$284,029
Investment income
$29,469
Other revenue
$17,044

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$159,153
Other salaries and wages
$82,071
Salaries, compensation and benefits (total)
$269,041
Professional fundraising fees
$0
Accounting fees
$5,870
Occupancy
$9,095
Travel
$54,616
Depreciation
$2,446
Program services (functional)
$496,388
Management and general (functional)
$162,835
Fundraising (functional)
$103,100

Balance sheet and other

Total assets, start of year
$1,262,728
Total assets, end of year
$1,399,468
Total liabilities, end of year
$491,243
Net assets, end of year
$908,225
Land, buildings and equipment
$3,651
Net assets without donor restrictions
$908,225
Gross receipts
$764,287
Employees
4
Volunteers
45
Year formed
1938
State of legal domicile
MN

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
BETH COLEMAN-JENSENEXEC DIRECTOR
Officer
40$159,152
THOMAS ELTONPRESIDENT
Trustee or director
1$0
TATE HERMANPRESIDENT ELECT
Trustee or director
1$0
TERESA RHONEVICE PRESIDENT
Trustee or director
1$0
MATT DOWNSTREASURER
Trustee or director
1$0
STACY HINKEMEYERIMMEDIATE PAST PRESIDENT
Trustee or director
1$0
MARLANE BROWNPAST PRESIDENT EMERITUS
Trustee or director
1$0
TARA KEMPFERTRUSTEE
Trustee or director
1$0
NICOLE SCHMIEDTTRUSTEE
Trustee or director
1$0
KATE MONTEALEGRETRUSTEE
Trustee or director
1$0
MIRANDA LEPINSKITRUSTEE
Trustee or director
1$0
SASHA NIRANJALI NARAYANTRUSTEE
Trustee or director
1$0
990 for the year ended December 31, 2024: 12 people
NameTitleHours / weekCompensation
BETH COLEMAN-JENSENEXECUTIVE DIRECTOR
Officer
40$128,937
DR LAUREN KELSEY HAVERLYIMMEDIATE PAST PRESIDENT
Trustee or director, Officer
1$0
DR STACY HINKEMEYER-COLATRELLAPRESIDENT
Trustee or director, Officer
1$0
DR JMATT DOWNSTRUSTEE
Trustee or director
1$0
DR TATE HERMANVICE PRESIDENT
Trustee or director, Officer
1$0
DR THOMAS ELTONPRESIDENT ELECT
Trustee or director, Officer
1$0
KATE MONTELEAGRETRUSTEE
Trustee or director
1$0
TERESA RHONETREASURER
Trustee or director, Officer
1$0
DR TARA KEMPFERTRUSTEE
Trustee or director
1$0
DR MIRANDA LEPINSKITRUSTEE
Trustee or director
1$0
DR SASHA NIRANJALI NARAYANTRUSTEE
Trustee or director
1$0
MIKE ACKERMANNPAST PRESIDENT EMERITUS
Trustee or director
1$0
990 for the year ended December 31, 2023: 11 people
NameTitleHours / weekCompensationOther / benefits
BETH COLEMAN-JENSENEXECUTIVE DIRECTOR
Officer
40$124,022$15,702
DR LAUREN KELSEY HAVERLYPRESIDENT
Trustee or director, Officer
1$0$0
DR STACY HINKEMEYER-COLATRELLAPRESIDENT ELECT
Trustee or director, Officer
1$0$0
DR JMATT DOWNSTRUSTEE
Trustee or director
1$0$0
DR TATE HERMANTREASURER
Trustee or director, Officer
1$0$0
DR THOMAS ELTONVICE PRESIDENT
Trustee or director, Officer
1$0$0
DR KATIE TANCABELIMMEDIATE PAST PRESIDENT
Trustee or director, Officer
1$0$0
DR TERESA RHONETRUSTEE
Trustee or director
1$0$0
DR TARA KEMPFERTRUSTEE
Trustee or director
1$0$0
DR MIRANDA LEPINSKITRUSTEE
Trustee or director
1$0$0
DR SASHA NIRANJALI NARAYANTRUSTEE
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
3800 AMERICAN BLVD W STE 1500, BLOOMINGTON, MN 55431-4429
Principal officer (990 for 2025)
BETH COLEMAN, 3800 AMERICAN BLVD WEST 1500, BLOOMINGTON, MN 55431
Signed the 990
BETH COLEMAN, EXECUTIVE DIRECTOR
Phone
(800) 678-8232
Return prepared by
CARPENTER EVERT & ASSOCIATES LTD

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.

990 for the year ended December 31, 2025

Program accomplishments

  • ANNUAL MEETING AND CONTINUING EDUCATION FOR 170 OD'S EDUCATION IS TWO DAYS , A BUSINESS MEETING AND EXHIBIT HALL WERE ALSO HELD AT THE MEETING A SMALLER FALL MEETING WAS HELD WITH CE THAT WAS 2 DAYS OF EDUCATION FOR ABOUT 80 OD'S
    Expenses $496,388

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
41-0849989
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
1962
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,399,468
Income (IRS master file)
$764,287

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$764,287$762,323$1,399,468XML
990December 2024$834,122$811,917$1,262,728XML
990December 2023$781,324$727,602$1,193,430XML
990December 2022$793,885$701,445$1,147,061IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 41-0849989).

Questions about MINNESOTA OPTOMETRIC ASSOCIATION INC

What is the EIN of MINNESOTA OPTOMETRIC ASSOCIATION INC?
The employer identification number (EIN) of MINNESOTA OPTOMETRIC ASSOCIATION INC is 41-0849989.
Is MINNESOTA OPTOMETRIC ASSOCIATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1962.
Are donations to MINNESOTA OPTOMETRIC ASSOCIATION INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does MINNESOTA OPTOMETRIC ASSOCIATION INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of MINNESOTA OPTOMETRIC ASSOCIATION INC due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did MINNESOTA OPTOMETRIC ASSOCIATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of MINNESOTA OPTOMETRIC ASSOCIATION INC?
The 990 for the year ended December 31, 2025 names BETH COLEMAN.
Who are the officers and directors of MINNESOTA OPTOMETRIC ASSOCIATION INC?
The 990 for the year ended December 31, 2025 lists 12 people; 1 received compensation from the organization, the highest $159,152 (BETH COLEMAN-JENSEN, EXEC DIRECTOR).
How much revenue does MINNESOTA OPTOMETRIC ASSOCIATION INC have?
On its 990 for the year ended December 31, 2025 it reported revenue of $764,287, expenses of $762,323 and total assets of $1,399,468 at year end.

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