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Pennsylvania College Of Optometry Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 233030893 ✦ Elkins park, PA ✦ Designated as a 501(c)(3)

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Overview

What is Pennsylvania College Of Optometry Foundation?

The Pennsylvania College of Optometry Foundation is a charitable organization that supports Salus University, a 501(c)(3) public entity. Their primary mission is to contribute to Salus University's objectives by raising funds and managing investments. The funds generated are utilized in various ways, such as providing student scholarships, funding research, offering care to indigent patients, and offering institutional support to the university, amounting to over $2.2 million in total. The Foundation's sole program involves this fundraising endeavor, aiming to advance the education and welfare of Salus University.


Official website here: www.salus.edu/giving

Is Pennsylvania College Of Optometry Foundation legitimate?

Pennsylvania College Of Optometry Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pennsylvania College Of Optometry Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.salus.edu/giving

What is the mission statement of Pennsylvania College Of Optometry Foundation?

The Pennsylvania College of Optometry Foundation's mission is centered around supporting its parent organization, Salus University. This is achieved through fundraising initiatives and managing investments. The foundation's primary goal is to contribute to Salus University's ongoing educational operations. To accomplish this, the foundation's sole program is dedicated to raising funds for various purposes, including providing student scholarships, funding research, offering indigent patient care, and offering institutional support. As of the provided data, the foundation has contributed $208,051 in endowed scholarships and over $2 million in institutional support to Salus University.


Official website here: www.salus.edu/giving

Who is the CEO of Pennsylvania College Of Optometry Foundation?

Dr Michael H Mittelman is the President of Pennsylvania College Of Optometry Foundation.


Official website here: www.salus.edu/giving

What is the revenue of Pennsylvania College Of Optometry Foundation?

Pennsylvania College Of Optometry Foundation's revenue in 2022 was $10,072,068.


Official website here: www.salus.edu/giving

Who are the executives of Pennsylvania College Of Optometry Foundation and what are their salaries?

There 9 volunteers at Pennsylvania College Of Optometry Foundation.


Here are 11 key members and their salaries:


Dr Michael H Mittelman (President)
  • Compensation: $0
  • Related: $384,809
  • Other: $37,535
Mr Donald C Kates (Vp Finance)
  • Compensation: $0
  • Related: $223,072
  • Other: $42,001
Ms Rebecca Delia (Chair Dec 2021; Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Dan Abramowicz (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Craig Cassey (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ms Emily Turner (Treasurer As Of Feb 2022)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ms Carolyn Forcina (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ms Joyce Koh (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mr Keith D Ignotz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ms Jo Surpin (Chair To Dec 2021)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ms Terri Albertson (Director;Treas Dec '21-Feb '22)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.salus.edu/giving

Where can I find the form 990 for Pennsylvania College Of Optometry Foundation?

Pennsylvania College Of Optometry Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.salus.edu/giving

Learn more at the official website: www.salus.edu/giving

Mission Statement of Pennsylvania College Of Optometry Foundation

The Pennsylvania College of Optometry Foundation, a supporting entity for Salus University, is dedicated to fulfilling its parent organization's mission. Its primary objective is to achieve this by engaging in fundraising activities and managing investments. The Foundation's mission is to bolster Salus University, a recognized 501(c)(3) public charity, through these means. In line with this mission, the Foundation's sole program involves raising funds to provide various forms of support. This includes student scholarships, research initiatives, care for indigent patients, and institutional support. Over the years, the Foundation has provided Salus University with $208,051 in endowed scholarships and more than $2 million in institutional support.

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Impact




October, 2024

The Pennsylvania College of Optometry Foundation plays a crucial role in enhancing educational opportunities through significant financial support for Salus University. By raising funds dedicated to student scholarships, the foundation has established endowed scholarships worth $208,051, making higher education more accessible to aspiring optometrists.

Moreover, with over $2 million in institutional support, the foundation bolsters research initiatives, patient care programs for underserved populations, and general operational needs of the university. This commitment not only strengthens the academic environment but also promotes innovation and excellence in optometric education and practice. Through these efforts, the foundation directly impacts the quality of education, the advancement of research, and the provision of care to those in need, fostering a brighter future for both students and communities in Pennsylvania and beyond.




This information is meant to be a general summary of Pennsylvania College Of Optometry Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$10,072,068 (2022)
Expenses
$3,099,846 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $6,044,349
  • Gross Receipts: $22,960,798

Assets and Liabilities:

  • Total Assets: $55,532,338
  • Total Liabilities: $2,914,479
  • Net Assets: $52,617,859

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Organization Details

Founding Year

1999

Principal Officer

Dr Michael H Mittelman

Main Address

8360 OLD YORK ROAD, ELKINS PARK, PA, 19027

NTEE Category

Code: B114 - Education

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