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New England College of Optometry

 424 Beacon Street
 Boston, MA 02115
[P] (617) 266-2030
[F] (617) 587-5610
www.neco.edu
brouden@neco.edu
Nancy Broude
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INCORPORATED: 1948
 Printable Profile (Summary / Full)
EIN 04-1591060

LAST UPDATED: 09/21/2015
Organization DBA New England College of Optometry
Former Names --
Organization received a competitive grant from the Boston Foundation in the past five years No

Summary

Mission StatementMORE »

Changing the way people see the world through knowledge, discovery, and service.

We do so by:
  • Integrating early and diverse clinical experiences with excellent education in order to prepare students to become outstanding Doctors of Optometry
  • Advancing the frontiers of optometric knowledge through innovative research and translating that knowledge to improve patients' lives worldwide
  • Providing exceptional care for the treatment of eye and vision disorders by expanding access to comprehensive and specialty optometric services
  • Embracing a philosophy of integrated care and advocacy in developing public health initiatives and programs that serve the optometric needs of diverse communities 
 

Mission Statement

Changing the way people see the world through knowledge, discovery, and service.

We do so by:
  • Integrating early and diverse clinical experiences with excellent education in order to prepare students to become outstanding Doctors of Optometry
  • Advancing the frontiers of optometric knowledge through innovative research and translating that knowledge to improve patients' lives worldwide
  • Providing exceptional care for the treatment of eye and vision disorders by expanding access to comprehensive and specialty optometric services
  • Embracing a philosophy of integrated care and advocacy in developing public health initiatives and programs that serve the optometric needs of diverse communities 
 

FinancialsMORE »

Fiscal Year July 01, 2014 to June 30, 2015
Projected Income $25,896,126.00
Projected Expense $23,876,486.00

ProgramsMORE »

  • Accelerated Optometric Degree Program (AODP)
  • Advanced Standing International Program
  • Community Health
  • Doctor of Optometry Program (OD)
  • Master of Science in Vision Science

Revenue vs. Expense ($000s)

Expense Breakdown 2013 (%)

Expense Breakdown 2012 (%)

Expense Breakdown 2011 (%)

For more details regarding the organization's financial information, select the financial tab and review available comments.


Overview

Mission Statement

Changing the way people see the world through knowledge, discovery, and service.

We do so by:
  • Integrating early and diverse clinical experiences with excellent education in order to prepare students to become outstanding Doctors of Optometry
  • Advancing the frontiers of optometric knowledge through innovative research and translating that knowledge to improve patients' lives worldwide
  • Providing exceptional care for the treatment of eye and vision disorders by expanding access to comprehensive and specialty optometric services
  • Embracing a philosophy of integrated care and advocacy in developing public health initiatives and programs that serve the optometric needs of diverse communities 
 

Background Statement

Founded in 1894 as the Klein School of Optics, the New England College of Optometry is the oldest continuously operating school of optometry in the U.S. During the past century, as optometry evolved as an independent healthcare profession, the College expanded its curriculum and clinical programs to reflect the changing demands of the public. The name changed in 1901 to the Massachusetts School of Optometry, in 1950 to the Massachusetts College of Optometry and in 1976 to the New England College of Optometry.

Its patient care began in 1933 with an external clinic at the Harry E. Burroughs Foundation. In 1941, the College opened the Massachusetts Optometric Clinic in Boston, which continues today as New England Eye Commonwealth.

In addition to the Doctor of Optometry degree, the College also confers the Master’s degree of Vision Science and the Honorary Degrees of Ocular Science and Doctor of Humane Letters.

NECO is the largest provider of optometric services in Massachusetts with nearly 90,000 patient visits in over 40 Greater Boston locations including schools, community health centers, homeless shelters, elder housing sites and programs for individuals with disabilities.


 

 

Impact Statement

Top Three Accomplishments:
  1. Provided comprehensive eye care to 86,811 individuals in underserved areas throughout the Commonwealth of Massachusetts. This is a 2.13% increase in patient care provided through our full-service mobile eye van and clinics in low-income communities.
  2. Is implementing a five-year strategic plan to integrate patient care with our degree-granting and clinical programs.
  3. Consolidated the clinical and academic education programs into a single cohesive organization.
 Top Five Goals:
  1. Design and build a new state-of-the-art clinical campus that houses both our patient care and clinical training center.
  2. Further develop our clinical eye and vision care programs to include more specialty services and to expand care to include newly-identified underserved patient groups.
  3. Incorporate cutting-edge technology in training tomorrow's optometrists so they will have access to learning modules while on clinical rotation.
  4. Become a resource in bringing eye care to Greater Boston communities and New England through initiation of a telemedicine program.
  5. Formally incorporate inter-professional education into our student experience.

Needs Statement

  1. Capital support to build a new state-of-the-art clinic for students

  2. Scholarship funds that will allow the College to recruit the most promising students

  3. Funds to further integrate technology and telemedicine into our teaching and patient care

  4. Financial support for our mobile eye clinic that provides eye care in underserved Massachusetts communities


 


CEO Statement

At the New England College of Optometry (NECO), we encourage our students to become engaged in their careers while they are still learning their profession. Whether it is practicing in a multidisciplinary setting, advocating for new legislation, or reaching out to an underserved patient population, NECO students are mentored by faculty, Board members and alumni. Although we are small, our impact is large.

NECO assists students to become thoughtful leaders, adaptable clinicians, and culturally sensitive doctors. We provide the clinical training opportunities that help students achieve the skills and confidence required to navigate ambiguity, take measured risks, and ultimately, become leaders. NECO students are immersed in a rigorous educational program, acquiring knowledge and skills, culminating in a rich and diverse clinical experience.

When NECO students graduate, they feel competent to assume their role as optometrists. This includes adapting to the changing landscape of healthcare. We prepare students to be flexible in their approach to practice. We groom them to create an impact on local, national, and international communities, now and in the future. Our efforts have a ripple effect that extends far beyond Boston.

Clifford Scott, OD ’68, MPH

President
 

Board Chair Statement

New England College of Optometry prides itself in having a strong community culture. Through the generosity of alumni, friends and volunteers, who contribute their time, financial resources and wisdom, the College continues to attract top students from around the world, preparing them to be skilled and compassionate doctors.

The College Board of Trustees supports the College in countless ways. Trustees provide significant guidance in strategic policy and planning. The Board is comprised of leaders in optometry and other healthcare areas, business, higher education leaders as well as a member of the ministry. Together the College President, senior management and Board members provide visionary leadership for the College.

Barry S. Klinger, OD 
Chair, Board of Trustees 

Geographic Area Served

GREATER BOSTON REGION, MA
City of Boston- Citywide (please select all areas as well)
City of Boston- Allston/ Brighton
City of Boston- Charlestown
City of Boston- Chinatown/ Leather District
City of Boston- North Dorchester
City of Boston- South Dorchester
City of Boston- Downtown
City of Boston- East Boston
City of Boston- Fenway/ Kenmore
City of Boston- Jamaica Plain
City of Boston- Mission Hill
City of Boston- North End
City of Boston- Roslindale
City of Boston- Roxbury
City of Boston- South Boston
City of Boston- South End/Bay Village
STATEWIDE
BERKSHIRE REGION, MA
METROWEST REGION, MA
NORTHEAST REGION, MA
PIONEER VALLEY REGION, MA
SOUTHEAST REGION, MA
STATEWIDE
INTERNATIONAL
NATIONAL

New England Eye primarily serves the Greater Boston Area. For a full listing of sites, please refer to the document New England Eye Network in the "Other Documents" section.
 
 
 

Organization Categories

  1. Education - Higher Education
  2. Health Care - Community Health Systems
  3. -

Independent research has been conducted on this organization's theory of change or on the effectiveness of this organization's program(s)

No

Programs

Accelerated Optometric Degree Program (AODP)

This twenty-seven month program is designed for scientists and physicians who hold a doctoral degree (PhD or MD). Graduates of the program have held previous positions in a variety of disciplines including aeronautical and space engineering, anatomy, anthropology, biochemistry, biology, biomedical engineering, chemistry, dentistry, electrical engineering, experimental psychology, mathematics, neuroscience, parasitology, and physics.

Budget  --
Category  Education, General/Other
Population Served College Aged (18-26 years)
Program Short-Term Success                                      
Program Long-Term Success                             
Program Success Monitored By                                        
Examples of Program Success                                    

Advanced Standing International Program

The Advanced Standing International Program (ASIP) is one component of the College’s ongoing commitment to international optometry and its efforts to develop highly educated professionals who may then contribute to the development of optometry in the United States or return to improve the level of optometry in their home countries. Through ASIP, graduates of foreign optometry programs may be admitted with advanced standing to the Doctor of Optometry degree program.

Budget  --
Category  Education, General/Other
Population Served College Aged (18-26 years)
Program Short-Term Success                                   
Program Long-Term Success                                   
Program Success Monitored By                                         
Examples of Program Success                                      

Community Health

NECO students carry on the College’s long tradition of serving the community - whether traveling to the Dominican Republic to conduct vision exams, dispensing glasses in Boston’s inner city neighborhoods, or providing comprehensive eye care to veterans - bringing vision care to those in need is at the heart of what we do. It is this compassion, innovation, and excellence that are the driving forces behind the NECO community.

Through our vast network of clinical affiliations, NECO students put patient care first. Students provide comprehensive, state-of-the-art vision care to children, older adults, the homeless, and individuals with disabilities through our mobile eye clinic, and satellite clinics in schools, homeless shelters, community health centers, and in VA medical centers.

Budget  --
Category  Health Care, General/Other
Population Served Poor,Economically Disadvantaged,Indigent
Program Short-Term Success                                
Program Long-Term Success                          
Program Success Monitored By                                     
Examples of Program Success                                  

Doctor of Optometry Program (OD)

NECO’s core academic program, the Doctor of Optometry, consists of three years of didactic study, clinical, and seminar settings, followed by an all-clinical fourth year. Clinical experiences provide students with exposure to diverse patient populations, state-of-the-art instrumentation, and faculty who are committed to exemplary patient care and education. Faculty serve as preceptors and mentors throughout the students’ four years. Student fourth year rotations are conducted throughout the US and abroad.

Budget  --
Category  Education, General/Other
Population Served College Aged (18-26 years)
Program Short-Term Success                                    
Program Long-Term Success                                   
Program Success Monitored By                                    
Examples of Program Success                                   

Master of Science in Vision Science

This program is available to qualified students who are interested in performing original research in vision science. It features graduate-level courses, seminars, an original research project, and completion of a thesis. This stand-alone degree is designed for candidates who wish to earn a MS degree without enrolling in the College’s OD degree program.

Budget  --
Category  Education, General/Other
Population Served College Aged (18-26 years)
Program Short-Term Success                                            
Program Long-Term Success                                    
Program Success Monitored By                                      
Examples of Program Success                                            

CEO/Executive Director/Board Comments

--

Management


CEO/Executive Director Dr. Clifford Scott OD, MPH
CEO Term Start Dec 2009
CEO Email scottc@neco.edu
CEO Experience

Clifford Scott, OD, MPH

President
New England College of Optometry
424 Beacon Street
Boston, Massachusetts

Education and Professional Experience:

Clifford Scott, OD, has been President of the New England College of Optometry in Boston since 2009. He has been a faculty member at the College since 1970 and a Professor of Optometry since 1990. Prior to being appointed to his current role, he held the position of Vice President and Dean of Academic Affairs. In addition to his leadership responsibilities he teaches a course in Public Health.

He has an extensive background in teaching as well as over 30 years of clinical experience in Hospital Based Optometry. As the chief optometrist at the Department of Veterans Affairs Medical Center in West Roxbury, MA, his responsibilities included supervising all residents and students in the Optometry section of the hospital and providing direct eye care to patients. He has lectured nationally and internationally on topics related to eye disease and is an experienced clinical researcher.

After having received his Doctor of Optometry degree from the Massachusetts College of Optometry, (now New England College of Optometry), Dr. Scott earned his Master of Public Health degree from Harvard University, concentrating on Health Policy and Management.

Co-CEO --
Co-CEO Term Start --
Co-CEO Email --
Co-CEO Experience --

Former CEOs and Terms

Name Start End
-- -- --

Senior Staff

Name Title Experience/Biography
Nancy Broude EdM Vice President of Institutional Advancement --
Gary Chu OD, MPH Chief of Health and Outreach Programs --
Barry M Fisch OD Vice President and Dean of Academic Affairs --
Traci Logan MS Senior Vice President for Finance and Administration, CFO --
David Mills OD, MBA Executive Director of Clinical Operations --

Awards

Award Awarding Organization Year
-- -- --

Affiliations

Affiliation Year
-- --
Member of state association of nonprofits? No
Name of state association --

External Assessments and Accreditations

External Assessment or Accreditation Year
-- --

Collaborations

Please refer to additional document labeled New England Eye Network for a complete listing of collaborations.

CEO/Executive Director/Board Comments


Foundation Comments

--

Staff Information

Number of Full Time Staff 133
Number of Part Time Staff 54
Number of Volunteers --
Number of Contract Staff 0
Staff Retention Rate % --

Staff Demographics

Ethnicity African American/Black: --
Asian American/Pacific Islander: --
Caucasian: --
Hispanic/Latino: --
Native American/American Indian: --
Other: 187
Other (if specified): --
Gender Female: --
Male: --
Not Specified 187

Plans & Policies

Organization has Fundraising Plan? Yes
Organization has Strategic Plan? Yes
Years Strategic Plan Considers --
Management Succession Plan Under Development
Business Continuity of Operations Plan --
Organization Policies And Procedures Yes
Nondiscrimination Policy Yes
Whistle Blower Policy Yes
Document Destruction Policy Yes
Directors and Officers Insurance Policy --
State Charitable Solicitations Permit Yes
State Registration Yes

Risk Management Provisions

--

Reporting and Evaluations

Management Reports to Board? No
CEO Formal Evaluation and Frequency Yes Annually
Senior Management Formal Evaluation and Frequency Yes Annually
Non Management Formal Evaluation and Frequency Yes Annually

Governance


Board Chair Dr. Brian S. Klinger OD
Board Chair Company Affiliation Retired
Board Chair Term July 2013 - June 2016
Board Co-Chair --
Board Co-Chair Company Affiliation --
Board Co-Chair Term -

Board Members

Name Company Affiliations Status
Myron Allukian Jr., DDS, MPH Boston Public Health Commission Voting
Joan M. Exford OD Korb & Associates Voting
Ronald R. Ferrucci OD Greater Milford Eye Assoc. Voting
Kristen Griebel OD Lunette Optic Voting
William J. Halpin Jr., MBA CEO, South Boston Community Health Center Voting
Andrew Hoar President & Co-Managing Partner, CB Richard Ellis Voting
Ann Hudson CPA Independent Consultant Voting
James Hunt Jr., MUA, CAE, LHD Mass League of Community Health Centers Voting
Stephen N. Kirnon MBA, EdD Strawn Arnold Ashpitz Groover, Ltd Voting
Brian S. Klinger OD, FAAO Harbor Eye Care Center Voting
Reverend Colin L. Leitch M. Div. Islington Community Church, Haverill Voting
Kelly MacDonald OD Drs. Helfman, Lasky & Associates Voting
Robert Meenan MD, MPH, MBA Boston University School of Public Health Voting
Rachel E. Negris OD Self Voting
Joel B. Rosen MBA Non-Profit Consultant Voting
Clifford Scott OD, MPH New England College of Optometry NonVoting
Richard N. Small CPA Neurotech USA Voting
Norman C. Spector JD Burns & Levinson, LLP Voting
Pano Yeracaris MD, MPH Network Health Voting
Joseph P. Zolner EdD Harvard Graduate School of Education Voting

Constituent Board Members

Name Company Affiliations Status
-- -- --

Youth Board Members

Name Company Affiliations Status
-- -- --

Advisory Board Members

Name Company Affiliations Status
-- -- --

Board Demographics

Ethnicity African American/Black: 1
Asian American/Pacific Islander: 1
Caucasian: 16
Hispanic/Latino: 0
Native American/American Indian: 0
Other: 0
Other (if specified): --
Gender Female: 5
Male: 15
Not Specified 0

Board Information

Board Term Lengths --
Board Term Limits --
Board Meeting Attendance % --
Written Board Selection Criteria Yes
Written Conflict Of Interest Policy Yes
Percentage of Monetary Contributions 100%
Percentage of In-Kind Contributions --
Constituency Includes Client Representation No

Standing Committees

    --

CEO/Executive Director/Board Comments

   

Foundation Comments

--

Financials


Revenue vs. Expense ($000s)

Expense Breakdown 2013 (%)

Expense Breakdown 2012 (%)

Expense Breakdown 2011 (%)

Fiscal Year July 01, 2014 to June 30, 2015
Projected Income $25,896,126.00
Projected Expense $23,876,486.00
Form 990s

2013 NECO 990

2012 NECO 990

2011 NECO 990

Audit Documents

2013 NECO Audit

2012 NECO Audit

2011 NECO Audit

IRS Letter of Exemption

IRS Letter of Determination

Prior Three Years Total Revenue and Expense Totals

Fiscal Year 2013 2012 2011
Total Revenue $21,625,173 $19,584,757 $19,899,131
Total Expenses $19,995,986 $20,137,426 $18,260,841

Prior Three Years Revenue Sources

Fiscal Year 2013 2012 2011
Foundation and
Corporation Contributions
-- -- --
Government Contributions $0 $0 $0
    Federal -- -- --
    State -- -- --
    Local -- -- --
    Unspecified -- -- --
Individual Contributions $283,010 $308,272 $720,397
Indirect Public Support -- -- --
Earned Revenue $20,274,792 $18,793,944 $18,060,269
Investment Income, Net of Losses $727,388 $83,197 $886,862
Membership Dues -- -- --
Special Events $56,724 -- --
Revenue In-Kind -- -- --
Other $283,259 $399,344 $231,603

Prior Three Years Expense Allocations

Fiscal Year 2013 2012 2011
Program Expense $14,344,259 $13,877,823 $13,048,263
Administration Expense $5,134,942 $5,774,465 $4,802,113
Fundraising Expense $516,785 $485,138 $410,465
Payments to Affiliates -- -- --
Total Revenue/Total Expenses 1.08 0.97 1.09
Program Expense/Total Expenses 72% 69% 71%
Fundraising Expense/Contributed Revenue 152% 157% 57%

Prior Three Years Assets and Liabilities

Fiscal Year 2013 2012 2011
Total Assets $35,620,494 $33,640,649 $34,528,747
Current Assets $12,607,229 $10,940,999 $11,028,886
Long-Term Liabilities $8,200,000 $8,555,000 $8,900,000
Current Liabilities $10,776,715 $10,856,333 $10,053,705
Total Net Assets $16,643,779 $14,229,316 $15,575,042

Prior Three Years Top Three Funding Sources

Fiscal Year 2013 2012 2011
1st (Source and Amount) Massachusetts Commission for the Blind $154,368.00
Massachusetts Commission for the Blind $171,172.00
Massachusetts Commission for the Blind $145,123.00
2nd (Source and Amount) Carl and Ruth Shapiro Family Foundation $35,000.00
Carl and Ruth Shapiro Family Foundation $50,000.00
Ludcke Foundation $35,000.00
3rd (Source and Amount) Alcon Laboratories $35,000.00
Ludcke Foundation $35,000.00
Carl and Ruth Shapiro Family Foundation $25,000.00

Financial Planning

Endowment Value $14,843,249.00
Spending Policy Percentage
Percentage(If selected) 3.0%
Credit Line Yes
Reserve Fund Yes
How many months does reserve cover? --

Capital Campaign

Are you currently in a Capital Campaign? No
Capital Campaign Purpose --
Campaign Goal --
Capital Campaign Dates -
Capital Campaign Raised-to-Date Amount --
Capital Campaign Anticipated in Next 5 Years? --

Short Term Solvency

Fiscal Year 2013 2012 2011
Current Ratio: Current Assets/Current Liabilities 1.17 1.01 1.10

Long Term Solvency

Fiscal Year 2013 2012 2011
Long-term Liabilities/Total Assets 23% 25% 26%

CEO/Executive Director/Board Comments

--

Foundation Comments

Financial summary data in the charts and graphs above are per the organization's IRS Form 990s. Contributions from foundations and corporations are listed under individuals as the breakout was not available.

Documents


Impact

The Impact tab is a section on the Giving Common added in October 2013; as such the majority of nonprofits have not yet had the chance to complete this voluntary section. The purpose of the Impact section is to ask five deceptively simple questions that require reflection and promote communication about what really matters – results. The goal is to encourage strategic thinking about how a nonprofit will achieve its goals. The following Impact questions are being completed by nonprofits slowly, thoughtfully and at the right time for their respective organizations to ensure the most accurate information possible.


1. What is your organization aiming to accomplish?

New England College of Optometry's (NECO) ultimate goal is to prepare skilled and compassionate eye doctors who will be fully integrated into an interdisciplinary team of health care professionals serving diverse populations. NECO is a leader in providing its students with wide-ranging clinical experiences throughout their four years of study. The College partners with over 50 Massachusetts community agencies to bring eye and vision care to veterans, individuals who are visually impaired, the homeless, individuals with disabilities, the elderly and low-income families and children.
 
Specific goals for the next three years:
  1. Build a new state-of-the-art clinic for students to train and become proficient in conducting comprehensive eye exams.
  2. Expand our vision care services to newly-identified underserved segments of the population.
  3. Incorporate cutting-edge technology in training tomorrow's optometrists so they are equipped to care for increasingly diverse populations.
  4. Become a central resource in bringing eye care to Greater Boston communities and New England through innovative methods and technologies using telemedicine and other linked technologies.

2. What are your strategies for making this happen?

NECO students begin their clinical training within the first few weeks of year one by conducting vision screenings with pre-school and elementary school age children. They continue with clerkships and clinical rotations in their second and third years in varied clinical settings within community health centers, schools, organizations for individuals with disabilities, and homeless shelters, as well as on a mobile eye clinic serving children and older adults in disadvantaged communities. Furthermore, every student in his/her fourth year spends one of his/her four rotations in a veteran's administration medical center and another in a community health center setting throughout the United States. New strategies include:
  1. Further develop an interactive curriculum that simultaneously immerses students with clinical and didactic experiences.
  2. Establish new partnerships with local, state and federal agencies in light of the new healthcare initiatives.
  3. Solidify the optometrists' role in the patient-centered medical home and accountable care organization model. 
  4. Utilize the College's owned and operated eye clinics for experiential teaching and learning sites for students.

3. What are your organization’s capabilities for doing this?

The College's extensive network partners include over 40 agencies, organizations and schools in Massachusetts providing wide-ranging learning opportunities for its students. For a list of collaborators, see NEEI Network and Collaborators under the tab "Other Documents."
 
In addition to the strong clinically focused leadership at NECO, we are fortunate to have key advisors on the Board of Trustees with extensive knowledge and experience in higher education, medical school training, and business. Our 96 faculty have expertise in vision science, biomedical science and disease, primary and specialty advanced care, low-vision, and pediatric care.

4. How will your organization know if you are making progress?

Each of the five goals has benchmarks and a member of the Senior Administrative Team responsible for its oversight. Furthermore, each goal is part of the College’s strategic plan which outlines measurable objectives and strategies to meet each goal.

Our clinical service maintains precise data on patient visits as well as the geographic diversity of patients. Therefore, we can easily measure growth in patient care and the communities served.


5. What have and haven’t you accomplished so far?

  • NECO has reorganized its leadership structure into a leaner, more effective reporting structure and hired accomplished professionals into key positions.
  • The College and the Clinic received a full accreditation from both of its accrediting bodies.
  • The consolidation of the clinical care system into the College's management has provided efficiencies in cost and operations as well as improved synchronization between the academic and clinical education programs.
  • We are still limited by the restricted size of our main campus buildings in expansion of program offerings. Opening of the clinical campus in two years should provide significant relief.