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Nonprofit · EIN 62-0548917

SOUTHERN COLLEGE OF OPTOMETRY

Tax-exempt · MEMPHIS, TN 38104

Financials

$30.5M$34.2M2023$35.6M$35.9M2024
Revenue Expenses · by fiscal year end
Financials of SOUTHERN COLLEGE OF OPTOMETRY by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$35,582,027$35,938,397-$356,370$95,787,704$17,769,193$78,018,511
June 30, 2024990$30,499,653$34,233,412-$3,733,759$90,420,443$16,686,245$73,734,198
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$5,564,083
of which government grants
$2,946,309
Program service revenue
$27,772,638
Investment income
$2,030,493
Net income from sales of inventory
$214,813
Other revenue
$214,813

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$628,669
Other salaries and wages
$17,259,712
Salaries, compensation and benefits (total)
$23,427,823
Professional fundraising fees
$0
Legal fees
$178,170
Accounting fees
$75,800
Occupancy
$173,780
Travel
$420,788
Depreciation
$1,515,293
Program services (functional)
$22,113,765
Management and general (functional)
$13,675,064
Fundraising (functional)
$149,568

Balance sheet and other

Total assets, start of year
$90,420,443
Total assets, end of year
$95,787,704
Total liabilities, end of year
$17,769,193
Net assets, end of year
$78,018,511
Land, buildings and equipment
$23,903,620
Publicly traded securities
$51,501,939
Net assets without donor restrictions
$48,198,269
Net assets with donor restrictions
$29,820,242
Gross receipts
$36,621,932
Employees
236
Volunteers
12
Year formed
1932
State of legal domicile
TN

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
Lewis Reich ODPresident
Officer
40$403,159$59,356
John B Campbell ODVice President
Officer
40$225,510$37,180
David L WestSecretary/Treasurer
Officer
40$218,250$31,368
Daniel FullerFaculty
Highest-paid employee
40$190,859$24,567
Christopher W LievensFaculty
Highest-paid employee
40$177,154$33,399
Joe HauserV.P. Student Services
Highest-paid employee
40$184,828$22,339
Michael S Ensor ODV.P. Clinical Programs
Highest-paid employee
40$164,097$28,113
Mark R Kapperman ODChair
Trustee or director, Officer
1$0$0
Lynn T ShawVice Chair
Trustee or director
1$0$0
Jennifer Lyerly ODSecretary
Trustee or director
1$0$0
Betty Harville Brown ODTrustee-at-Large
Trustee or director
1$0$0
James K Kirchner ODTrustee-at-Large
Trustee or director
1$0$0
Allan Barker ODMember
Trustee or director
1$0$0
Marie I Bodack ODFaculty Member
Trustee or director
1$0$0
Renee BraumsMember
Trustee or director
1$0$0
8 more people on this return
NameTitleHours / weekCompensation
Darby Chiasson ODMember
Trustee or director
1$0
Arthur R Dampier ODMember
Trustee or director
1$0
Anita Davis PhDMember
Trustee or director
1$0
Vicki FarmerMember
Trustee or director
1$0
Emily GibbonsStudent Member
Trustee or director
1$0
Charles Glaser ODMember
Trustee or director
1$0
Charles Kinnaird ODMember
Trustee or director
1$0
Stuart R Tasman ODMember
Trustee or director
1$0
990 for the year ended June 30, 2024: 26 people
NameTitleHours / weekCompensationOther / benefits
Dr Lewis ReichPresident
Officer
40$378,455$47,499
David L WestV.P. Finance & Administration
Officer
40$216,782$33,172
Dr John B CampbellV.P. Academic Affairs
Officer
40$215,068$29,112
James E VenableV.P. Clinical Operations
Highest-paid employee
40$207,196$21,816
Christopher W LievensFaculty
Highest-paid employee
40$177,082$33,741
Daniel FullerFaculty
Highest-paid employee
40$190,417$19,785
Joe HauserV.P. Student Services
Highest-paid employee
40$180,492$10,929
Amanda Brewer-Lord ODChair
Trustee or director, Officer
1$0$0
David A Cockrell ODVice Chair
Trustee or director
1$0$0
Lynn T ShawSecretary
Trustee or director
1$0$0
Mark R Kapperman ODTrustee-at-Large
Trustee or director
1$0$0
Stacey J Meier ODTrustee-at-Large
Trustee or director
1$0$0
Allan Barker ODMember
Trustee or director
1$0$0
Betty Harville Brown ODMember
Trustee or director
1$0$0
Renee BraumsMember
Trustee or director
1$0$0
Arthur R Dampier ODMember
Trustee or director
1$0$0
Anita Davis PhDMember
Trustee or director
1$0$0
Vicki FarmerMember
Trustee or director
1$0$0
Charles Glaser ODMember
Trustee or director
1$0$0
Charles Kinnaird ODMember
Trustee or director
1$0$0
James K Kirchner ODMember
Trustee or director
1$0$0
Carrie D Lebowitz ODMember
Trustee or director
1$0$0
Jennifer Lyerly ODMember
Trustee or director
1$0$0
Kimberly PhamStudent Member
Trustee or director
1$0$0
Stuart R Tasman ODMember
Trustee or director
1$0$0
Michael Dorkowski ODMember
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
1245 MADISON AVE, MEMPHIS, TN 38104-2211
Principal officer (990 for 2024)
David West, 1245 Madison Ave, Memphis, TN 38104
Signed the 990
David West, V.P. for Finance & Administration
Phone
(901) 722-3200
Return prepared by
Watkins Uiberall PLLC

Mission

To lead the profession by: educating the best possible healthcare providers, promoting lifelong learning, and fostering a personal commitment to service.

990 for the year ended June 30, 2025

Program accomplishments

  • School of optometry, clinic, educational process and student training.
    Expenses $22,113,765 · revenue $27,772,638

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
62-0548917
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
School
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1942
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B500)
Assets (IRS master file)
$95,787,704
Income (IRS master file)
$36,621,932

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$35,582,027$35,938,397$95,787,704XML
990June 2024$30,499,653$34,233,412$90,420,443XML
990June 2023$29,709,045$33,149,501$92,618,288IRS
990June 2022–––IRS
990June 2021–––IRS
990June 2019–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 62-0548917).

Questions about SOUTHERN COLLEGE OF OPTOMETRY

What is the EIN of SOUTHERN COLLEGE OF OPTOMETRY?
The employer identification number (EIN) of SOUTHERN COLLEGE OF OPTOMETRY is 62-0548917.
Is SOUTHERN COLLEGE OF OPTOMETRY tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1942.
Are donations to SOUTHERN COLLEGE OF OPTOMETRY tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does SOUTHERN COLLEGE OF OPTOMETRY file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of SOUTHERN COLLEGE OF OPTOMETRY due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did SOUTHERN COLLEGE OF OPTOMETRY last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of SOUTHERN COLLEGE OF OPTOMETRY?
The 990 for the year ended June 30, 2025 names David West.
Who are the officers and directors of SOUTHERN COLLEGE OF OPTOMETRY?
The 990 for the year ended June 30, 2025 lists 23 people; 7 received compensation from the organization, the highest $403,159 (Lewis Reich OD, President).
How much revenue does SOUTHERN COLLEGE OF OPTOMETRY have?
On its 990 for the year ended June 30, 2025 it reported revenue of $35,582,027, expenses of $35,938,397 and total assets of $95,787,704 at year end.

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