2026-05-05T15:03:27-05:00 2025-06-30 521392008 GELMAN ROSENBERG & FREEDMAN 4550 MONTGOMERY AVE SUITE 800N BETHESDA MD 208142930 990 2024-07-01 521005768 ASSOCIATION OF SCHOOLS AND COLLEGES OF OPTOMETRY ASSO 3012315944 143 ROLLINS AVE 2046 ROCKVILLE MD 20847 DAWN MANCUSO EXECUTIVE VP/CEO 3012315944 2026-05-05 1 0 RICHARD J LOCASTRO CPA P00288314 3019519090 2024 2025-03-06 01:10:19Z DAWN MANCUSO 143 ROLLINS AVE 2046 ROCKVILLE MD 20847 4103503 0 X WWW.OPTOMETRICEDUCATION.ORG X 1972 MD SEE PART III, LINE 1. 25 25 9 500 28521 0 557296 408076 2967471 3108213 50170 583760 767 3454 3575704 4103503 0 146249 0 0 1257072 1384770 0 0 260085 2178335 2220819 3435407 3751838 140297 351665 12125222 13305290 435758 783193 11689464 12522097 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 1644998 146249 1867839 APPLICANT DEVELOPMENT/STUDENT AND RESIDENT PROGRAM - 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. 592673 664148 FACULTY DEVELOPMENT AND INVOLVEMENT - 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. ASCO ALSO DEVELOPS AND ADMINISTERS FACULTY TRAINING PROGRAMS, IN BOTH LIVE AND VIRTUAL FORMATS, SUCH AS THE FUTURE FACULTY PROGRAM, THE SPRING INSTITUTE FOR FACULTY DEVELOPMENT, THE OPTOMETRIC EDUCATION LEADERSHIP INSTITUTE, THE ONLINE CLINICAL EDUCATORS FORUM, AND TOWN HALL MEETINGS/WEBINARS. 200021 227308 COMMUNICATIONS - THE COMMUNICATIONS DEPARTMENT OVERSEES ALL INTERNAL AND EXTERNAL COMMUNICATIONS FOR ASCO, INCLUDING ITS WEBSITES, NEWSLETTER, JOURNAL, SOCIAL MEDIA FEEDS, PRESS RELEASES, AND CORRESPONDENCE WITH ALL CONSTITUENTS, INCLUDING MEMBERS OF THE MEDIA. 189551 159612 BOARD ACTIVITIES - BOARD ACTIVITIES INCLUDE THOSE ASSOCIATED WITH GOVERNING THE ASSOCIATION, INCLUDING HOLDING MEETINGS OF THE BOARD OF DIRECTORS AND THE ANNUAL MEETING; NOMINATING OFFICERS; ORIENTING AND TRAINING NEW BOARD MEMBERS AND OFFICERS; AND STRATEGIC PLANNING ACTIVITIES. 125939 81240 ADVOCACY - ASCO SERVES AS THE LEADING VOICE FOR OPTOMETRIC EDUCATION. IT ACCOMPLISHES THIS THROUGH COLLABORATION WITH OTHER ASSOCIATIONS, ORGANIZATIONS, AND COALITIONS TO OPTIMIZE RELATIONSHIPS WITH EXTERNAL STAKEHOLDERS WHO LOOK TO ASCO AS A RESOURCE FOR RELIABLE INFORMATION PERTAINING TO OPTOMETRIC EDUCATION, AND ADVOCATING FOR POLICY CHANGES THAT WILL PROMOTE EXCELLENCE IN OPTOMETRIC EDUCATION. THROUGH THESE EXTERNAL GROUPS, ASCO ALSO ADVOCATES FOR INCREASED FUNDING FOR MORE OPTOMETRY-LED RESEARCH AT ASCO MEMBER INSTITUTIONS THROUGH PARTICIPATION. 131546 108066 DATA COLLECTION AND ANALYSIS - ASCO COLLECTS AND ANALYZES DATA ABOUT THE APPLICANTS, STUDENTS, RESIDENTS, FACULTY, AND INSTITUTIONS INVOLVED IN OPTOMETRIC EDUCATION FOR THE BENEFIT OF ITS MEMBERS AND FOR INFORMING EXTERNAL STAKEHOLDERS ABOUT THE TRENDS IN ACADEMIC OPTOMETRY. 0 SPECIAL PROJECTS - FROM TIME TO TIME, ASCO WILL ENGAGE IN INITIATIVES THAT FALL OUTSIDE THE SCOPE OF ITS KEY STRATEGIC OBJECTIVES OF APPLICANT POOL DEVELOPMENT, ADVOCACY, CAREER AND LEADERSHIP DEVELOPMENT, AND ORGANIZATIONAL SUSTAINABILITY AND INFRASTRUCTURE. THESE SPECIAL PROJECTS ADVANCE OPTOMETRIC EDUCATION AND THE FIELD OF OPTOMETRY IN NEW AND INNOVATIVE WAYS. THERE WERE NO SPECIAL PROJECTS IN DURING THIS YEAR. 447036 348918 2884728 1 1 0 1 0 0 0 0 0 1 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 16 0 1 9 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 25 25 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 FRASIER HORN PRESIDENT 10.00 X X 0 0 0 ALICIA FEIS PRESIDENT-ELECT 5.00 X X 0 0 0 KESHIA ELDER TREASURER 5.00 X X 0 0 0 SANDRA FORTENBERRY SECRETARY (UNTIL 1/31/25) 5.00 X X 0 0 0 MARK COLIP IMMEDIATE PAST-PRESIDENT 5.00 X 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 JOHN FLANAGAN AT LARGE MEMBER (UNTIL 1/31/25) 1.00 X 0 0 0 SHARON BENTLEY AT LARGE MEMBER (FROM 2/1/25) 1.00 X 0 0 0 DAVID HEATH AT LARGE MEMBER (UNTIL 9/30/24) 1.00 X 0 0 0 DAVID TROILO AT LARGE MEMBER (FROM 10/1/24) 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 NATHAN LIGHTHIZER AT LARGE MEMBER 1.00 X 0 0 0 MARYKE NEIBERG AT LARGE MEMBER (FROM 12/1/24) 1.00 X 0 0 0 KELLY NICHOLS AT LARGE MEMBER 1.00 X 0 0 0 ANDRES PAGAN AT LARGE MEMBER 1.00 X 0 0 0 HOWARD PURCELL AT LARGE MEMBER 1.00 X 0 0 0 RENEE REEDER 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 STEPHANIE SCHMIEDECKE BARBIERI AT LARGE MEMBER (FROM 2/1/25) 1.00 X 0 0 0 MELISSA SUCKOW AT LARGE MEMBER (UNTIL 10/31/24) 1.00 X 0 0 0 JOSHUA BAKER AT LARGE MEMBER (FROM 11/1/24) 1.00 X 0 0 0 DANIEL TAYLOR AT LARGE MEMBER 1.00 X 0 0 0 MELISSA TREGO AT LARGE MEMBER (UNTIL 9/30/24) 1.00 X 0 0 0 JEFFREY WEAVER AT LARGE MEMBER (FROM 11/1/24) 1.00 X 0 0 0 MICHAEL TWA AT LARGE MEMBER 1.00 X 0 0 0 SURESH VISWANATHAN AT LARGE MEMBER 1.00 X 0 0 0 JEFFREY WALLINE AT LARGE MEMBER (UNTIL 5/31/25) 1.00 X 0 0 0 KARLA ZADNIK AT LARGE MEMBER (FROM 6/1/25) 1.00 X 0 0 0 DAWN MANCUSO EXECUTIVE VICE PRESIDENT/CEO 35.00 X 293816 0 57573 DAVID O'DONNELL DIRECTOR, DEVELOPMENT 35.00 X 154319 0 26090 PAIGE PENCE DIR., STUDENT & RESIDENCY AFFAIRS 35.00 X 134198 0 28996 KIM O'SULLIVAN DIRECTOR, COMMUNICATIONS 35.00 X 131449 0 28883 713782 0 141542 4 0 1 0 TRUTH COLLECTIVE LLC 25 RUSSELL STREET ROCHESTER NY 14607 PR SERVICES & AD COMMISSIONS 559158 1 408076 1911 408076 MEMBERSHIP 900099 1925952 1925952 OPTOMCAS 900099 375645 375645 OAT FEES 900099 348496 348496 SPONSORSHIP 900099 336750 336750 REGISTRATION FEES 900099 74619 74619 46751 18230 28521 3108213 340294 340294 243466 0 243466 243466 243466 MISCELLANEOUS 900099 3454 3454 3454 4103503 3079692 28521 587214 X 146249 146249 360985 234640 101076 25269 772104 541019 77118 153967 74686 52369 7332 14985 105305 73311 12213 19781 71690 49210 10796 11684 438 438 135853 135853 65006 65006 608605 605837 2768 626828 626828 13890 2604 11286 157182 78878 77934 370 38697 38697 168265 147435 9466 11364 290198 267256 2327 20615 22321 22321 18519 18519 DUES & SUBSCRIPTIONS 36881 32498 3633 750 PRINTING 13608 13442 58 108 GIFTS/AWARDS 7239 6060 1179 PROF. DEVELOPMENT 5526 2884 2642 11763 4208 6363 1192 3751838 2884728 607025 260085 1197155 1474959 118333 153333 110250 95112 138612 104893 133409 77002 71607 56407 10445167 11416486 2000 1600 42098 2500 12125222 13305290 207189 339683 188434 443510 40135 0 435758 783193 X 5919181 6643477 5770283 5878620 11689464 12522097 12125222 13305290 351665 480968 0 X 0 1 X 1 0 X 510194 656442 873810 557296 408076 3005818 2205484 2122465 2567296 2927183 3079692 12902120 2715678 2778907 3441106 3484479 3487768 15907938 0 1563419 1265432 1263356 1636917 1620413 7349537 1563419 1265432 1263356 1636917 1620413 7349537 8558401 271740 394714 262627 271993 340294 1541368 271740 394714 262627 271993 340294 1541368 51 845 15435 767 3454 20552 2987469 3174466 3719168 3757239 3831516 17469858 0.48990 0.49090 0.08820 0.09230 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 3686832 3686832 334342 83586 0 0 305162 329030 318822 334342 1287356 1931034 76291 82258 79706 83586 321841 482762 9928397 164084 992566 146249 463228 10475570 8883937 17375 1064756 37671 9928397 8436869 16000 841236 410168 8883937 10086172 205395 -1200927 376708 277063 8436869 8275764 223021 2188216 205131 395698 10086172 0.51300 0.46740 0.01960 0 0 30437 23521 6916 102972 53481 49491 56407 4519465 480968 480968 4038497 65006 65006 4103503 3686832 0 3686832 65006 65006 3751838 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. 1 HERBERT WERTHEIM SCHOOL OF OPTOMETRY & VISION SCIENCE UC BERKELEY 350 MINOR HALL MC 2020 BERKELEY CA 94720 946002123 501(C)(3) 7113 0 ADVANCEMENT OF OPTOMETRIC EDUCATION ILLINOIS COLLEGE OF OPTOMETRY 3241 SOUTH MICHIGAN AVE CHICAGO IL 60616 362310478 501(C)(3) 8302 0 ADVANCEMENT OF OPTOMETRIC EDUCATION INDIANA UNIVERSITY SCHOOL OF OPTOMETRY 800 EAST ATWATER AVE BLOOMINGTON IN 47401 356001673 501(C)(3) 6468 0 ADVANCEMENT OF OPTOMETRIC EDUCATION NOVA SOUTHEASTERN UNIVERSITY COLLEGE OF OPTOMETRY 3300 S UNIVERSITY DR TERRY BLDG 1408 FT LAUDERDALE FL 33328 591083502 501(C)(3) 7192 0 ADVANCEMENT OF OPTOMETRIC EDUCATION PACIFIC UNIVERSITY COLLEGE OF OPTOMETRY 2043 COLLEGE WAY FOREST GROVE OR 97116 930386892 501(C)(3) 9934 0 ADVANCEMENT OF OPTOMETRIC EDUCATION PENNSYLVANIA COLLEGE OF OPTOMETRY SALUS AT DREXEL UNIVERSITY 8360 OLD YORK RD ELKINS PARK PA 19027 231413680 501(C)(3) 25181 0 ADVANCEMENT OF OPTOMETRIC EDUCATION SOUTHERN CALIFORNIA COLLEGE OF OPTOMETRY AT MARSHALL B KETCHUM UNIVERSITY 2575 YORBA LINDA BLVD FULLERTON CA 92831 951644593 501(C)(3) 22222 0 ADVANCEMENT OF OPTOMETRIC EDUCATION SOUTHERN COLLEGE OF OPTOMETRY 1245 MADISON AVE MEMPHIS TN 38104 620548917 501(C)(3) 8498 0 ADVANCEMENT OF OPTOMETRIC EDUCATION SUNY COLLEGE OF OPTOMETRY 33 W 42ND ST NEW YORK NY 10036 146013200 501(C)(3) 6132 0 ADVANCEMENT OF OPTOMETRIC EDUCATION UNIVERSITY OF ALABAMA AT BIRMINGHAM SCHOOL OF OPTOMETRY HPB 121A 1720 2ND AVE S BIRMINGHAM AL 35294 631206956 501(C)(3) 5510 0 ADVANCEMENT OF OPTOMETRIC EDUCATION UNIVERSITY OF HOUSTON COLLEGE OF OPTOMETRY 4401 MARTIN LUTHER KING BLVD HOUSTON TX 77204 746001399 501(C)(3) 24407 0 ADVANCEMENT OF OPTOMETRIC EDUCATION 11 0 PART I, LINE 2: GRANTEES ARE REQUIRED TO SUBMIT AN INTENDED USE FORM FOR THE GRANT THAT HAS BEEN AWARDED. THE CEO AND DIRECTOR OF FINANCE REVIEW THE FORMS TO DETERMINE THE FUNDS WILL BE USED TO FURTHER OPTOMETRIC EDUCATION. X X X 0 0 0 0 0 0 0 1 0 DAWN MANCUSO EXECUTIVE VICE PRESIDENT/CEO 293816 0 0 0 0 0 29382 0 28191 0 351389 0 0 0 DAVID O'DONNELL DIRECTOR, DEVELOPMENT 153119 0 1200 0 0 0 15432 0 10658 0 180409 0 0 0 PAIGE PENCE DIR., STUDENT & RESIDENCY AFFAIRS 130198 0 4000 0 0 0 13420 0 15576 0 163194 0 0 0 KIM O'SULLIVAN DIRECTOR, COMMUNICATIONS 126449 0 5000 0 0 0 13145 0 15738 0 160332 0 0 0 PART I, LINE 7 THE FOLLOWING EMPLOYEES RECEIVED MERIT-BASED BONUSES DURING 2024: - DAVID O'DONNELL $1,200 - PAIGE PENCE $4,000 - KIM O'SULLIVAN $5,000 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 48,573. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 48,573. OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 545,264. MANAGEMENT AND GENERAL EXPENSES 2,768. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 548,032. EDITORIAL FEES: PROGRAM SERVICE EXPENSES 12,000. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 12,000.