Maine Optometric Association FY2022 filing

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To serve as the representative voice of optometry in Maine and promote the professional attainments of its memebers through quarterly meetings, educational seminars, conferences and lobbying activities

501(c)(6) business league; gifts are not tax-deductible as charitable contributions.
$81K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Pay: Part VII

Before you give

FY2022 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(6)
not on the IRS revocation list
Listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
No
Donations are not tax-deductible
The IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
The latest return is for FY2024, 2 tax years back.
IRS e-file · Filing history
Surplus or deficit
2 of 5
filings with a surplus
Average deficit $14K a year · 4% of revenue · last 5 filings
A surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
0%
of spending
0% of spending went to programs.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$81K
to officers and key staff · 22% of spending
Pay to officers and key staff is 22% of spending.
Part VII, Section A
11.7 mo
of spending, in cash
Plus $562K in investments, Pt X · Ln 11–13
11.7 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$79K
8% of total assets
Liabilities are 8% of assets.
Pt X · Ln 26
Independent board members
11
of 11 voting members
11 of 11 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$333K
+12% vs prior year
Spent
$366K
To programs
0%
Net assets
$909K
By yearFY2020–FY2024
Revenue
$333K
FY2022▲ +12%
Tap a bar for its year
Revenue by fiscal year
FY2020$342K
FY2021$297K
FY2022$333K
FY2023$338K
FY2024$414K
Expenses
$366K
FY2022▲ +40%
Tap a bar for its year
Expenses by fiscal year
FY2020$365K
FY2021$262K
FY2022$366K
FY2023$318K
FY2024$485K
Net assets
$909K
FY2022▼ -22%
Tap a bar for its year
Net assets by fiscal year
FY2020$928K
FY2021$1.2M
FY2022$909K
FY2023$1.2M
FY2024$1.3M

From the FY2022 Form 990 · see the original

You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Feb 1981.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Who runs it and what they're paid

12 people listed on the 990; $81K paid to officers and key staff (Part VII, Section A).

Part VII, Section A · reportable compensation
Executive Director
$80,702Pt VII · Sec A
$0Pt VII · Sec A
Second Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurersecretary
$0Pt VII · Sec A
President Elect
$0Pt VII · Sec A

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Caroline Fontaine$74,237$72,435$80,702$67,304$63,040
Joan Gagne————$1,380

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Maine Optometric Association executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Advocates for Maine optometrists through meetings, education, and lobbying.

Questions for Maine Optometric Association

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Your first name shows with your question. Maine Optometric Association answers here, for everyone.

1 program · $366K · in their own filed words · FY2022
01

Membership educational seminars supporting optometrists in their profession; publication of newsletter for continuing education programs and other optometric issues; approximately 200 members

$366Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · this organization's grantmaking
Grants paid · 1 grant · $40K · 2024–2024
Unitemized GrantFY2024$40,000

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$333K
Ln 12
Fees for servicesLn 2g$313K
Investment incomeLn 3$19K
Other incomeLn 4–11$1K
Money outPt IX
$366K
Ln 25
Owns and owesPt X
$909K
net assets · Ln 32
Cash and savingsLn 1–2$358K
Total assetsLn 16$988K
LiabilitiesLn 26$79K
PeoplePt VI, VII
12
listed · VII A
PaidVII A1
Voting boardVI 1a11
IndependentVI 1b11
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$313K
Investment incomeLn 3$19K
Other incomeLn 4–11$1K
Gains on assetsLn 7$14K
Total revenueLn 12$333K
Assets in detailPt X, end of year
CashLn 1$75K
SavingsLn 2$283K
Cash and savings togetherLn 1–2$358K
Accounts receivableLn 4$3K
Prepaid expenses and deferred chargesLn 9$2K
InvestmentsLn 11–13$562K
Other assetsLn 15$64K
Total assetsLn 16$988K
LiabilitiesLn 26$79K
Net assetsLn 32$909K
OperationsPt I, VI
EmployeesI 52
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$381K$358K
InvestmentsLn 11–13$792K$562K
Total assetsLn 16$1.2M$988K
LiabilitiesLn 26$82K$79K
Net assetsLn 32$1.2M$909K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$213
Grants to domestic individualsLn 2$30K
Other salaries and wagesLn 7$81K
Other employee benefitsLn 9$4K
Payroll taxesLn 10$7K
Legal feesLn 11b$34K
Accounting feesLn 11c$2K
Lobbying feesLn 11d$3K
Other fees for servicesLn 11g$3K
Office expensesLn 13$10K
Conferences, conventions and meetingsLn 19$183K
InsuranceLn 23$2K
Other expenses (24a–d)Ln 24$6K$6K
All other expensesLn 24e$12
Total functional expensesLn 25$366K$0$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 LatestFiled with the IRS Nov 10, 2025 $414K$485K−$71K$1.3M 990 PDF
FY2023Filed with the IRS Oct 22, 2024 $338K$318K$21K$1.2M 990 PDF
FY2022 ViewingFiled with the IRS Aug 29, 2023 $333K$366K−$33K$909K 990 PDF
FY2021Filed with the IRS Sep 14, 2022 $297K$262K$35K$1.2M 990 PDF
FY2020Filed with the IRS Sep 22, 2021 $342K$365K−$24K$928K 990 PDF

Schedules filed Part IV

A · Public support I · Grants O · Explanations
See the full FY2022 990
Part I · Summary $333,122 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $15,012$0
I-9 Program service revenuePrior year $255,020$313,151
I-10 Investment incomePrior year $25,404$18,795
I-11 Other revenuePrior year $2,049$1,176
I-12 Total revenuePrior year $297,485$333,122
I-13 Grants and similar amounts paidPrior year $22,411$30,213
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $73,158$91,484
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $166,521$244,220
I-18 Total expensesPrior year $262,090$365,917
I-19 Revenue less expensesPrior year $35,395−$32,795
Part VI · Governance 11 of 11 board members independent, 1 to look at
VI-1a Voting members of the governing body11
VI-1b Independent voting members11
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $333,122 across 5 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $313,151$313,151
VIII-3 Investment incomeExcluded from tax $5,237$5,237
VIII-7 Net gain or loss on sales of assetsExcluded from tax $13,558$13,558
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $1,176$1,176
VIII-12 Total revenueRelated to mission $313,151 · Unrelated business $0 · Excluded from tax $19,971$333,122
Part IX · Statement of functional expenses $365,917 across 14 lines filed
IX-1 Grants to domestic organizations$213
IX-2 Grants to domestic individuals$30,000
IX-7 Other salaries and wages$80,702
IX-9 Other employee benefits$4,008
IX-10 Payroll taxes$6,774
IX-11b Legal fees$34,350
IX-11c Accounting fees$2,315
IX-11d Lobbying fees$3,365
IX-11g Other fees for services$2,669
IX-13 Office expenses$10,345
IX-19 Conferences, conventions and meetings$183,395
IX-23 Insurance$1,960
IX-24 Other expenses (24a–d)Programs $5,809$5,809
IX-24e All other expenses$12
IX-25 Total functional expensesPrograms $0 · Management $0 · Fundraising $0$365,917
Part X · Balance sheet $987,982 assets, 14 lines filed
X-1 Cash, non-interest-bearingStart of year $290,170$75,141
X-2 Savings and temporary cash investmentsStart of year $91,265$282,568
X-4 Accounts receivableStart of year $4,735$2,586
X-9 Prepaid expenses and deferred chargesStart of year $1,253$1,928
X-11 Publicly traded securitiesStart of year $4,408$173
X-12 Other securitiesStart of year $787,794$561,761
X-15 Other assetsStart of year $62,295$63,825
X-16 Total assetsStart of year $1,241,920$987,982
X-17 Accounts payable and accrued expensesStart of year $8,522$7,877
X-25 Other liabilitiesStart of year $73,333$71,336
X-26 Total liabilitiesStart of year $81,855$79,213
X-27 Net assets without donor restrictionsStart of year $1,160,065$908,769
X-32 Total net assets or fund balancesStart of year $1,160,065$908,769
X-33 Total liabilities and net assetsStart of year $1,241,920$987,982
Part XI · Reconciliation of net assets $908,769 net assets at year end
XI-1 Total revenue$333,122
XI-2 Total expenses$365,917
XI-3 Revenue less expenses−$32,795
XI-4 Net assets at start of year$1,160,065
XI-5 Net unrealized gains (losses) on investments−$218,501
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$908,769

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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