EIN 04-1591060

New England College of Optometry (NECO)

IRS 501(c) type
501(c)(3)
Num. employees
350
City
Year formed
1894
Most recent tax filings
2020-06
Description
The New England College of Optometry (NECO) prepares the next generation of eye care providers, educators, and innovators through a rigorous curriculum and extensive clinical experiences.

Program areas at NECO

Optometric education (didactic instruction and clinical training) - The New England College of Optometry is an independent graduate school that educates students to become outstanding doctors of Optometry who exemplify professionalism and compassion in The communities in which they serve. The curriculum optimizes The synergistic relationship between The didactic and clinical experience, utilizing both traditional and innovative pedagogical practices to ensure a learning experience that is student-centered and engaging, and reflective of The evolving landscape of eye care, healthcare, and healthcare policy. 553 students were enrolled during The year ended 06/30/2020.
International programs - The New England College of Optometry is committed to The development of partnerships and educational programs that advance The quality of vision and eye care globally through partnerships and sponsorships with colleges and universities in europe, asia and The middle east. Neco faculty have played a key role in extending optometric education to other countries, including china and israel in fy2020.
Research - The College advances The frontiers of optometric knowledge and translates that knowledge to improve patients' lives worldwide by reducing vision loss and transforming The delivery of eye care. Neco has an international reputation in clinically relevant areas of research including myopia, low vision rehabilitation, and pediatrics. Neco faculty provides excellent teaching and research, with support from The nih, other government agencies, foundations, and industry. Student participation in research graduate programs is encouraged, with mentorship from faculty. In fy2020 The College received revenue from 20 grants and contracts, 8 of which were sponsored by The national institutes of health.

Form 990s for NECO

Fiscal year endingDate received by IRSFormPDF link
2020-062021-05-11990View PDF
2019-062020-10-15990View PDF
2018-062019-06-19990View PDF
2017-062018-04-10990View PDF
2016-062017-07-25990View PDF
...and 6 more Form 990s

Who funds New England College of Optometry (NECO)

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Northeastern University (NU)Sub-Award$109,354
 Subscribe to viewEducation$52,500
 Subscribe to viewHolmes Fund$20,000
...and 1 more grants received
Federal funding details
Federal agencyProgram nameAmount
Department of EducationFEDERAL DIRECT STUDENT LOANS$15,983,940
 Subscribe to view███ █████ ███ ██, █████ ████ ██ █████ █ ██████ ████$░,░░░,░░░
 Subscribe to view████ ████ ██ ███$░,░░░,░░░
...and 7 more federal grants / contracts

Financials for NECO

RevenuesFYE 06/2020
Total grants, contributions, etc.$573,568
Program services$24,143,616
Investment income and dividends$1,053,014
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$352,213
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$-14,757
Miscellaneous revenues$910,894
Total revenues$27,018,548

Personnel at NECO

NameTitleCompensation
Traci LoganExecutive, Vice President, Chief Financial Officer and Chief Operating Officer$389,078
Gary ChuVice President, Professional Affairs$172,969
Erik WeissbergVice President$202,529
 Subscribe to viewExecutive Director, Human Resources
 Subscribe to viewExecutive Director of Financial Operations
...and 15 more key personnel

Organizations like NECO

OrganizationLocationRevenue
New York Medical College (NYMC)Valhalla, NY$119,697,970
Bank Street College of EducationNew York, NY$64,451,080
Mitchell Hamline School of LawSt Paul, MN$53,471,342
Rosalind Franklin University of Medicine and Science (RFUMS)North Chicago, IL$124,906,476
Des Moines UniversityDes Moines, IA$72,304,261
Salus UniversityElkins Park, PA$52,169,129
Wmu-Cooley Law SchoolLansing, MI$61,498,536
Kansas City University of Medicine and Biosciences (KCUMB)Kansas City, MO$91,867,213
California Western School of Law (CWSL)San Diego, CA$44,301,695
New York Law School (NYLS)New York, NY$75,645,849
The Boston ConservatoryBoston, MA$42,077,485
The John Marshall Law School (JMLS)Chicago, IL$47,381,972
Frontier Nursing University (FNU)Versailles, KY$39,224,301
Brooklyn Law School (BLS)Brooklyn, NY$65,236,818
Geisinger Commonwealth SCH of Med (TCMC)Danville, PA$43,273,643
Roseman University of Health SciencesHenderson, NV$103,402,090
Trine UniversityAngola, IN$113,182,460
Marshall B Ketchum University (MBKU)Fullerton, CA$42,456,242
Cairn UniversityLanghorne, PA$33,065,518
St. Louis College of Pharmacy (STLCOP)Saint Louis, MO$56,017,154
New York College of Podiatric Medicine (NYCPM)New York, NY$18,835,190
Illinois College of Optometry (ICO)Chicago, IL$36,498,150
Westminster Theological Seminary (WTS)Glenside, PA$21,946,711
South Texas College of Law Houston (STCL)Houston, TX$40,035,066
Dallas Theological Seminary (DTS)Dallas, TX$52,630,450
Nonprofit Types
Issues
Characteristics
Key performance indicators
Total revenues
$27,018,548
2020
Yearly growth
4.7%
% of revenues
n/a
Total expenses
$21,444,654
2020
Yearly growth
1.9%
% of expenses
n/a
Total assets
$64,092,870
2020
Yearly growth
5.4%
% of assets
n/a
Num. employees
350
2020
Yearly growth
2.3%
% of total
n/a
General information
Address
424 Beacon Street
Boston, MA 02115
Metro area
Boston-Cambridge-Newton, MA-NH
Website URL
neco.edu/ 
Phone
(617) 266-2030
Facebook page
NewEnglandCollegeofOptometry 
Twitter profile
@neco424 
IRS details
EIN
04-1591060
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1894
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B50: Graduate, Professional Schools
NAICS code, primary
611310: Colleges, Universities, and Professional Schools
Parent/child status
Central organization