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Filing year 2023

THE NEW ENGLAND COLLEGE OF OPTOMETRY

Boston, Massachusetts·EIN 04-1591060·501(c)(3)
Total revenue
$30.8M
Total assets
$88.1M
Total expenses
$25.9M
Reported officers
30
Mission

SEE SCHEDULE OTHE MISSION OF NEW ENGLAND COLLEGE OF OPTOMETRY IS TO CHANGE THE WAY PEOPLE SEE THE WORLD.WE DO SO BY:- INTEGRATING INNOVATIVE EDUCATION WITH EARLY AND DIVERSE CLINICAL EXPERIENCES TO PREPARE TODAY'S OPTOMETRISTS FOR TOMORROW'S OPTOMETRY.- ADVANCING THE FRONTIERS OF OPTOMETRIC KNOWLEDGE THROUGH EVIDENCE-BASED RESEARCH AND THEN APPLYING THIS KNOWLEDGE TO IMPROVE PATIENTS' LIVES WORLDWIDE.- CULTIVATING COMPASSIONATE CARE OF THE HIGHEST LEVEL OF PROFICIENCY, INTEGRITY, AND PROFESSIONALISM; INFLUENCING PUBLIC POLICY; EXPANDING ACCESS TO COMPREHENSIVE AND SPECIALTY OPTOMETRIC SERVICES; AND EMPHASIZING A SENSITIVITY TO THE HEALTH AND SOCIAL WELFARE OF DIVERSE COMMUNITIES.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 14 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

President
Above 90th percentile
$663k
$730k
Base
$472k
Bonus
$128k
Other
$3k
Benefits
$30k
Treasurer/evp/coo/cfo
Above 90th percentile
$538k
$592k
Base
$397k
Bonus
$75k
Other
$25k
Benefits
$11k
Vp/dean
Key Employee
75th to 90th percentile
$320k
$352k
Base
$250k
Bonus
$45k
Other
$1k
Benefits
$505
Dir Research
Highest Compensated Employee
Median to 75th percentile
$227k
$250k
Base
$202k
Bonus
Other
$838
Benefits
$10k
Vp/professional Affairs
Key Employee
Median to 75th percentile
$222k
$244k
Base
$201k
Bonus
Other
$1k
Benefits
$2k
Professor
Highest Compensated Employee
Median to 75th percentile
$215k
$237k
Base
$181k
Bonus
$6k
Other
$3k
Benefits
$10k
Professor
Highest Compensated Employee
Median to 75th percentile
$210k
$231k
Base
$172k
Bonus
$999
Other
$2k
Benefits
$20k
Exec Dir Fin Operations
Highest Compensated Employee
Median to 75th percentile
$204k
$225k
Base
$153k
Bonus
Other
$24k
Benefits
$12k
Trustee/professor
Board Member
Above 90th percentile
$192k
$212k
Base
$165k
Bonus
Other
$715
Benefits
$12k
Professor
Highest Compensated Employee
Median to 75th percentile
$184k
$203k
Base
$159k
Bonus
Other
$2k
Benefits
$10k
Dir Facilities/campus Plng
Key Employee
Median to 75th percentile
$180k
$198k
Base
$130k
Bonus
Other
$24k
Benefits
$12k
Secretary/manager
Secretary (Operational)
75th to 90th percentile
$91k
$100k
Secretary (until 12/31/23)
Secretary (Operational)
75th to 90th percentile
$88k
$97k
Asst Secretary/admin Asst
Secretary (Operational)
Median to 75th percentile
$70k
$77k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Boston-Cambridge-Newton, MA-NH metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 16 unpaid individuals.

Up 4%
from 2022

From $635k in 2022 to $663k in 2023.

$635k
2022
$663k
2023
In today's dollarsEst.
Up 1% in real terms$725k to $730k

Estimated with Boston-Cambridge-Newton, MA-NH metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay rose 4% from 2022 to 2023, while revenue rose 3%.

$635k in 2022 to $663k in 2023.
  • Chief Financial Officer pay rose 5% from 2022 to 2023.
  • Key Employee pay rose 5% from 2022 to 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

THE NEW ENGLAND COLLEGE OF OPTOMETRY reported revenue and expenses across 2 filing years.

RevenueExpenses
$29.9M
$25.3M
2022
$30.8M
$25.9M
2023
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about THE NEW ENGLAND COLLEGE OF OPTOMETRY

What does the Chief Executive Officer of THE NEW ENGLAND COLLEGE OF OPTOMETRY earn?

In 2023, the Chief Executive Officer of THE NEW ENGLAND COLLEGE OF OPTOMETRY received $662,819 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among nonprofits nationwide, across all sectors: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at THE NEW ENGLAND COLLEGE OF OPTOMETRY compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Chief Executive Officer at THE NEW ENGLAND COLLEGE OF OPTOMETRY falls in the top 10%.

What are THE NEW ENGLAND COLLEGE OF OPTOMETRY's revenue and expenses?

In 2023, THE NEW ENGLAND COLLEGE OF OPTOMETRY reported $30.8M in total revenue and $25.9M in total expenses on its IRS Form 990.

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