2023-11-14T14:18:04-06:00 2023-06-30 621804252 WATKINS UIBERALL PLLC 1661 AARON BRENNER DR STE 300 MEMPHIS TN 38120 990 2022-07-01 620548917 Southern College of Optometry SOUT 9017223200 1245 Madison Ave Memphis TN 38104 David West V.P. for Finance & Administration 9017223200 2023-11-10 1 David West XXX-XX-XXXX 0 Jeff Thomason P00976026 9017612720 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z David West 1245 Madison Ave Memphis TN 38104 30979916 0 X www.sco.edu X 1932 TN The organization operates a School of Optometry and Clinic. 17 17 393 0 0 0 1339792 1814125 26127595 26504400 794099 1039509 337315 351011 28598801 29709045 0 0 0 0 21032619 21529438 0 0 143445 10365324 11620063 31397943 33149501 -2799142 -3440456 90101083 92618288 15538246 18757393 74562837 73860895 To lead the profession by: educating the best possible healthcare providers, promoting lifelong learning, and fostering a personal commitment to service. 0 0 20093281 26589087 School of optometry, clinic, educational process and student training. 20093281 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 0 1 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 51 0 1 393 1 0 0 0 0 0 0 0 0 0 0 0 0 X 17 17 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 TN X David West 9017223200 1245 Madison Avenue Memphis TN 38104 Christopher W Wroten OD Member 1.00 X 0 0 0 Amanda Brewer-Lord OD Chair 1.00 X X 0 0 0 David A Cockrell OD Vice Chair 1.00 X 0 0 0 Dave Sattler FAAO Member 1.00 X 0 0 0 Lynn T Shaw Secretary 1.00 X 0 0 0 Allan Barker OD Member 1.00 X 0 0 0 Betty Harville Brown OD Member 1.00 X 0 0 0 Anita Davis PhD Member 1.00 X 0 0 0 Michael Dorkowski OD Member 1.00 X 0 0 0 Vicki Farmer Member 1.00 X 0 0 0 Charles Glaser OD Member 1.00 X 0 0 0 Mark R Kapperman OD Trustee-at-Large 1.00 X 0 0 0 Charles Kinnaird OD Member 1.00 X 0 0 0 James K Kirchner OD Member 1.00 X 0 0 0 Jennifer Lyerly OD Member 1.00 X 0 0 0 Stacey J Meier OD Trustee-at-Large 1.00 X 0 0 0 Andrew B Murphy Student Member 1.00 X 0 0 0 Dr Lewis Reich President 40.00 X 375766 0 63210 Dr John B Campbell V.P. Academic Affairs 40.00 X 212870 0 43641 David L West Secretary/Treasurer 40.00 X 212246 0 45942 Joe Hauser V.P. Student Services 40.00 X 210014 0 22556 James E Venable V.P. Clinical Operations 40.00 X 203717 0 35241 Daniel Fuller Faculty 40.00 X 181256 0 32475 Christopher W Lievens Faculty 40.00 X 166651 0 45992 1562520 0 289057 56 0 1 0 VIKTORHALL CONSTRUCTION LLC 1288 DOVECREST RD MEMPHIS TN 38134 Construction Services 2090445 1 242745 1571380 1814125 Tuition and Fees 541900 18591361 18591361 Educational Dept 541900 7834547 7834547 Student Loan Interest Revenue 541900 78492 78492 26504400 1038059 1038059 274381 8057 266324 266324 266324 146830 145380 1450 1450 1450 1202121 1117434 84687 84687 29709045 26589087 0 1305833 588637 258812 316325 13500 16213755 11766760 4353719 93276 4727046 2919795 1807251 72450 72450 70000 70000 508100 243401 264699 339415 339295 120 1182761 410297 768694 3770 207486 207486 430909 181060 230224 19625 166038 166038 1415994 637197 778797 442981 199341 243640 Repairs and Maintenance 2161427 972642 1188785 Medical Supplies 1769967 1769967 Special Events 709860 142864 554871 12125 Other Services 614686 26984 587702 1527989 564161 962799 1029 33149501 20093281 12912775 143445 6741403 4941566 334381 184683 532178 456440 8742101 9059328 478655 438711 277131 356412 51388162 26562379 21398061 24825783 51597173 50835147 0 1520218 90101083 92618288 3104940 3076720 1420693 1354948 11012613 14325725 15538246 18757393 X 55588589 49207171 18974248 24653724 74562837 73860895 90101083 92618288 -3440456 2738514 0 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 36885037 -827038 2630578 2974695 35713882 42463686 3555284 -6587064 2546869 36885037 42601772 -7199153 9050747 1989680 42463686 42410515 756148 1007109 1572000 42601772 39245434 2003271 2287410 1125600 42410515 0.37502 0.29535 0.32963 0 0 3148551 3148551 27077701 11690114 15387587 2871446 2795184 76262 17652941 12077081 5575860 637523 637523 24825783 Advances from the Federal Government for Student Loans 10263838 Line of Credit 2523324 Operating Lease Liability 1538563 14325725 33573050 2738514 1125491 3864005 29709045 0 29709045 34274992 1125491 1125491 33149501 0 33149501 Part V, Line 4: Endowment fund created to accumulate monies to support the college and its mission over the long term. Part XI, Line 2d - Other Adjustments: Cost of Goods Sold Allocated Rental Expenses Part XII, Line 2d - Other Adjustments: Cost of Goods Sold Allocated Rental Expenses 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 Schedule E, Part I, Line 3 Equal opportunity statement and nondiscrimination policy is included in all official literature and promotional material. Souther College of Optometry receives funds from government agencies for the benefit of certain students. Schedule E, Part I, Line 6 Southern College of Optometry receives government assistance to help in funding the school's federal work study program for participating students. X X X X 0 0 0 0 0 0 0 0 0 Dr Lewis Reich President 375766 0 0 0 0 0 0 0 63210 0 438976 0 0 0 David L West Secretary/Treasurer 212246 0 0 0 0 0 0 0 45942 0 258188 0 0 0 Dr John B Campbell V.P. Academic Affairs 212870 0 0 0 0 0 0 0 43641 0 256511 0 0 0 James E Venable V.P. Clinical Operations 203717 0 0 0 0 0 0 0 35241 0 238958 0 0 0 Joe Hauser V.P. Student Services 210014 0 0 0 0 0 0 0 22556 0 232570 0 0 0 Daniel Fuller Faculty 181256 0 0 0 0 0 0 0 32475 0 213731 0 0 0 Christopher W Lievens Faculty 166651 0 0 0 0 0 0 0 45992 0 212643 0 0 0 Form 990, Part VI, Section B, line 11b A copy of the 990 is provided to the Executive Committee and Board of Trustees. The Executive Committee reviews the Form 990 on behalf of the Board of Trustees before filing. Form 990, Part VI, Section B, line 12c The Executive Committee of the Board of Trustees reviews and approves based on data comparable to other institutions. Board members are required to disclose annually and no such conflicts exist. Form 990, Part VI, Section B, line 15a The Board of Trustee Executive Committee provides recommendations for the compensation of the president based on data comparable to other institutions, written employment contracts, and compensation studies and surveys. Compensation is approved by the board. Form 990, Part VI, Section C, line 19 The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request. PART XII, LINE 2C The process has not changed from the prior year.