Contact Lens Institute

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

EIN: 521309154 ✦ Washington, DC ✦ Designated as a 501(c)(6)

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Overview

What is Contact Lens Institute?

The Contact Lens Institute is a nonprofit organization situated in Washington, D.C. With a primary focus on contact lenses and lens care products, it actively engages in collaborative discussions and meetings with the U.S. Food and Drug Administration, the contact lens industry, and professional organizations. This collaboration aims to shape regulations and policies surrounding these products. Additionally, the Institute supports research related to these items and disseminates valuable information to both eye care professionals and the general public. The information shared highlights the benefits and potential risks associated with contact lenses and lens care products, thereby promoting informed decision-making.

Is Contact Lens Institute legitimate?

Contact Lens Institute is a legitimate nonprofit organization registered as a 501(c)(6) entity. Contact Lens Institute 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

What is the mission statement of Contact Lens Institute?

The Contact Lens Institute's mission is to actively engage in discussions and collaborations with regulatory bodies, the contact lens industry, and professional organizations, focusing on policies and regulations related to contact lenses and associated care products. The institution also sponsors research in this field and disseminates information to both eye care professionals and the general public, aiming to educate them about the benefits and potential risks associated with contact lenses and lens care products.

Who is the CEO of Contact Lens Institute?

Charissa Lee is the Chair of Contact Lens Institute.

What is the revenue of Contact Lens Institute?

Contact Lens Institute's revenue in 2022 was $1,141,276.

Who are the executives of Contact Lens Institute and what are their salaries?


Here are 4 key members and their salaries:


Michele Andrews (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr William Reindel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carla Mack (Vice-Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charissa Lee (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Contact Lens Institute?

Contact Lens Institute's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Contact Lens Institute

The Contact Lens Institute, as an organization, is dedicated to facilitating discussions and collaborations with the U.S. Food and Drug Administration (FDA), the contact lens industry, and professional organizations. Their primary goal is to influence regulations and policies regarding contact lenses and related lens care products. In addition to this, the Institute sponsors research in the field of contact lenses and lens care, aiming to advance understanding and safety. Furthermore, they disseminate information about the benefits and risks associated with contact lenses and lens care products to both eye care practitioners and the general public. This endeavor is aimed at promoting informed decision-making and ensuring proper use of contact lenses, thereby enhancing eye health and safety.

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Impact




October, 2024

The Contact Lens Institute plays a crucial role in shaping the landscape of eye care through its multifaceted approach to education, regulation, and research. By sponsoring meetings and discussions with the U.S. FDA and key stakeholders in the contact lens industry, the Institute facilitates critical dialogue around regulations and policies that govern contact lenses and lens care products. This involvement ensures that the voices of professionals and consumers alike are considered in the decision-making process, ultimately leading to safer and more effective products.

Additionally, the Institute's commitment to sponsoring research further enhances the understanding of contact lens use and care. This research not only advances the science behind eye care but also informs best practices for practitioners, ensuring that patients receive the highest standard of care.

Through its efforts to disseminate information to both eye care practitioners and the general public, the Contact Lens Institute raises awareness about the benefits and risks associated with contact lenses. This educational outreach empowers consumers to make informed choices regarding their eye health, fostering a community well-versed in safe lens practices.

In summary, the Institute's impact is evidenced by its contributions to regulatory discussions, research advancements, and public education, all of which work together to improve eye care standards and promote community health.




This information is meant to be a general summary of Contact Lens Institute. 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
$1,141,276 (2022)
Expenses
$850,484 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $276
  • Program Service Revenue: $41,000
  • Gross Receipts: $1,141,276

Assets and Liabilities:

  • Total Assets: $1,073,687
  • Total Liabilities: $0
  • Net Assets: $1,073,687

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Statistical Program Non-Member Dues

Revenue

$41,000

Organization Details

Founding Year

1983

Principal Officer

Charissa Lee

Main Address

1850 M STREET NW APT 800, WASHINGTON, DC, 20036

NTEE Category

Code: S40 - Community improvement

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