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Filing year 2023

THE NEW ENGLAND COLLEGE OF OPTOMETRY

Boston, Massachusetts·EIN 04-1591060·3
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 · Schedule J · 14 reported individuals · Filing year 2023

$663k
$730k
Base
$472k
Bonus
$128k
Other
$3k
Benefits
$30k
Treasurer/evp/coo/cfo
$538k
$592k
Base
$397k
Bonus
$75k
Other
$25k
Benefits
$11k
Vp/dean
key employee
$320k
$352k
Base
$250k
Bonus
$45k
Other
$1k
Benefits
$505
Dir Research
highest compensated employee
$227k
$250k
Base
$202k
Bonus
Other
$838
Benefits
$10k
Vp/professional Affairs
key employee
$222k
$244k
Base
$201k
Bonus
Other
$1k
Benefits
$2k
Professor
highest compensated employee
$215k
$237k
Base
$181k
Bonus
$6k
Other
$3k
Benefits
$10k
Professor
highest compensated employee
$210k
$231k
Base
$172k
Bonus
$999
Other
$2k
Benefits
$20k
Exec Dir Fin Operations
highest compensated employee
$204k
$225k
Base
$153k
Bonus
Other
$24k
Benefits
$12k
Trustee/professor
board member
$192k
$212k
Base
$165k
Bonus
Other
$715
Benefits
$12k
Professor
highest compensated employee
$184k
$203k
Base
$159k
Bonus
Other
$2k
Benefits
$10k
Dir Facilities/campus Plng
key employee
$180k
$198k
Base
$130k
Bonus
Other
$24k
Benefits
$12k
Secretary/manager
secretary (operational)
$91k
$100k
Secretary (until 12/31/23)
secretary (operational)
$88k
$97k
Asst Secretary/admin Asst
secretary (operational)
$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.

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.
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