2010: Focus - New England College of Optometry

New England College
of Optometry
The New England College of Optometry (NECO)
prepares the next generation of eye care
providers, teachers, and innovators. Located in
the heart of Boston, the College is a small,
independent graduate institution that currently
enrolls students from 29 states and 41 countries.
NECO graduates 10 percent of the country’s
new optometrists each year and supervises 10
percent of the nation’s optometric residents.
New England Eye
New England Eye (NEE) is the patient care and
clinical education subsidiary of the College. It
is the largest provider of optometric services in
Massachusetts with nearly 85,000 patient visits
annually in 45 locations – including 80 percent
of Boston’s community health centers. Using
mobile vans, NEE clinicians and students provide
eye care to children and the elderly as well as to
disabled and homeless patients who are unable
to travel to a clinic.
NECO and NEE faculty and clinicians are
committed to improving access to care,
preventing blindness, enhancing quality of life,
and developing innovative, economically viable,
and reproducible models of eye care.
President
Clifford Scott, OD ’68, MPH
The Classroom
The Clinic
The Practice
Students in Dr. Aurora Denial’s
New England Eye Commonwealth
Optometrist and low vision specialist
clinical reasoning course learn to
provides advanced-level, hands-on
Dr. Susan Primo applies the standards
listen to patients, ask the right
learning experience for post graduates,
of excellence she gained at NECO in
questions, and apply their critical
such as cornea and contact lens resident
the clinic, the research arena, and the
thinking skills to deliver the best
Brittney Mazza – while providing a
classroom as she prepares the next
care possible.
full range of comprehensive eye care
generation of professionals to deliver
services to Boston residents.
tomorrow’s best practices in vision
Vice President and Chief Financial Officer
Bruce Bernier, MBA
Vice President of Institutional Advancement
Nancy Broude, EdM
Vice President and Dean of Academic Affairs
Barry Fisch, OD ’71
healthcare.
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9
13
Vice President of Clinical Affairs and
Chief Executive Officer of New England Eye
Jody Fleit, MS
Vice President of Business Development
Robert Gordon, CPA, MST
The New England College of Optometry
Letter from the President
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Letter from the Chair of the Board
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Class of 2014 Profile
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Learning the Art of Clinical Reasoning
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The Clinic as Classroom 9
Best Practices in the Practice
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NEE Network Map
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Annual Report is published in December
by the Office of the President.
www.neco.edu
T
617.587.5647
Donor Report
18
F
617.587.5555
Financials
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New England College of Optometry
424 Beacon Street
Boston, Massachusetts 02115
Annual Report 2010
ANNUAL REPORT 2010
1
“B uilding upon NECO’s standards of excellence
“T he decisions we make over the next
requires not only an unremitting focus on
several years will impact our growth
what we do well, but also a fearless imagining
and sustainability in the coming
of what we can accomplish in the future.”
decade and beyond.”
F r o m
b e s t
p r a ct i ce
to
ne x t
p r a ct i ce
l on g
v i e w
Healthcare System. NECO has also received a $1.3
Sustaining excellence requires a commitment to
Today, many institutions and individuals are not
Optometry (NECO) has embodied best practices in
million grant from the National Institutes of Health
continuous self-evaluation and a willingness to
only tightening their budgets, but also evaluating
optometric education. Inherent in our definition of
(NIH) that focuses on the development of new
evolve. At NECO, we’re taking the long view by
their spending to ensure that they invest in what
best practices is a creative approach toward “next
optical techniques to image rod photoreceptors in
carefully considering how the decisions we make
matters most. I hope you will continue to invest in
practices” that build upon NECO’s standards of
both normal and diseased retinas. These efforts will
over the next several years will impact our growth
NECO’s future through your financial support. Your
excellence in education and clinical care. That dual
be led, respectively, by NECO faculty members
and sustainability in the coming decade and beyond.
gifts strengthen our efforts to sustain and enhance
orientation requires not only an unremitting focus
Stacey S. Choi, OD, PhD and Nathan Doble, PhD.
The bold creativity that characterizes the NECO
those aspects of the College that matter most to
our students and the greater Boston community: the
The heritage of the College is one of discovery,
community extends beyond our classrooms, clinics,
imagination, and a willingness to embrace
and laboratories to our operations as well. We’re
technological and paradigmatic change with
determined to make investments in our academic
We all know that tomorrow’s classrooms will look
insight and enthusiasm. We continue to address
programs and research endeavors, technological
very different from those of today. As technology
tomorrow’s challenges and demands from a firm
infrastructure, and facilities that will have a positive
We will continue to keep you informed of the
continues to transform the student experience, a
foundation of excellence – a foundation that will
impact on our students, our faculty, our profession,
progress of our strategic initiatives and look forward
growing number of courses will no longer follow
serve us well as we work to honor our legacy of
and the patients we serve. In this way, we honor the
to your feedback as we work together to build a
the traditional model of a lecture hall filled with
making a difference to our students, the
investments that others – alumni, friends,
long-term and sustainable operating framework
students. At NECO, we are shaping strategies for
community, and the optometric profession.
foundations, and government agencies – make in us.
for NECO.
what we can accomplish in the future – both in the
classroom and through our research efforts.
the development and implementation of a more
and clinical work.
college – one that is heavily dependent on tuition
to earn credits as they amass knowledge rather
revenues and is housed in aging facilities that are
than credit hours.
major project that involves conducting important
faculty, and the far-reaching impact of our research
to the economic realities we face as a small private
are free to learn at their own pace, enabling them
On the scientific side, we are poised to begin a
excellence of our programs, the high quality of our
Our ability to meet this goal is inextricably linked
self-directed educational model in which students
ANNUAL R E P OR T 2010
t h e
For almost 120 years, New England College of
on what we do well, but also a fearless imagining of
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Ta k i n g
costly to maintain. For that reason, we recently
Clifford Scott, OD ’68, MPH
President
convened a Special Committee on Physical Facilities
and Business Modeling to evaluate NECO’s current
translational research in the area of adaptive optics.
physical plant and operational model in light of our
Thanks to a $1.5 million grant from the
ongoing expenditures and projected space and
Telemedicine and Advanced Technology Research
technology requirements. Comprising trustees,
Center (TATRC) of the Department of Defense,
external experts, faculty, staff, students, and alumni,
NECO will be investigating high-resolution retinal
the committee will provide recommendations
imaging as a diagnostic marker for blast-induced
that will enable NECO to meet its strategic goals
traumatic brain injury. The College will conduct this
while becoming a more efficient and financially
research in collaboration with the VA Boston
sustainable institution.
Steven P. Manfredi
Chair of the Board
ANNUAL REPORT 2010
3
Class of 2014
Students who entered NECO this past fall are committed to success, evidenced
by their impressive GPA and OAT scores, according to Dr. Taline Farra, assistant dean and director of NECO’s
office of admissions. The new students arrived from 24 states, Canada, China, Trinidad, England, and Korea.
Le a r n i n g t h e A r t of C l i n i c a l Re a s on i n g They received their undergraduate degrees from prominent institutions of higher education including
New York University, Cornell, Carnegie Mellon, Bates, Tufts, College of the Holy Cross, Emory, Brandeis,
University of Waterloo, University of Toronto, and University of British Columbia. The 117 members of the
“M emorization alone doesn’t enable
Class of ’14 were selected from 889 applicants, a 14 percent increase over last year, demonstrating NECO’s
you to take care of patients. You have
preeminent position in eye care delivery, research, and education.
to be able to apply your knowledge.”
Meet some members of the Class of ‘14
- Aurora Denial, OD ’85
Eric Auyeung | San Francisco, California | BS, Psychology with Biology emphasis, University of California, Davis
“NECO’s main focus is not on the doctors-in-training, but the patients – and that’s how it should be.”
• Most admired spectacle designer: Ralph Anderl
• Looks forward to experiencing a New England winter
Mila Leboeuf | Montreal, Quebec, Canada | BS, Biochemistry, University of Montreal
“NECO’s location in a city with numerous other schools guarantees a great student dynamic.”
• H
er hero: Canadian astrophysicist Hubert Reeve. “He is dedicated to spreading awareness of environmental issues. He has my complete respect.”
• Is perfecting her culinary skills
Lauren Rowe | Quitman, Georgia | BS, Exercise Science, University of Mississippi
“The instructors at NECO treat every student with respect and as a future colleague.”
• Trained in sports vision therapy at Ole Miss
• Best thing about Boston: “I love the fact that this is such a sports town!”
Roslyn Scalise | Calgary, Alberta, Canada | BS, Natural Sciences, University of Calgary
It’s Wednesday morning at the New England College
of Optometry, and students are making their way
into Lecture Hall 3. Associate Professor of Optometry
Dr. Aurora Denial stands at the front of the room,
welcoming students as they walk in. Once everyone
is settled, she takes to the lectern and informs her
students that today’s clinical reasoning class is special:
Today they meet their patients.
“I appreciate the laboratory and research facilities at NECO. They are well-equipped and easy to access.”
• Worked as an optometry clinic technician for four years before entering NECO
• Enjoys dancing, soccer, and football
“The patients you’ll meet this morning have a variety of eye conditions,” says Dr. Denial. “Over the course of
the school year, you’ll become experts on your patient’s overall health and lifestyle – not just their ocular
health.” After explaining how the meetings will proceed, Dr. Denial divides the students into small groups and
Sabrina Sgroi | Richmond Hill, Ontario, Canada | BS, Biomedical Science, University of Waterloo
hands each group an index card with a patient’s name on it. Although they may not realize it yet, that patient
“I appreciate the hands-on learning at NECO. Interacting with patients early in the program is a great confidence booster.”
will become the students’ primary teaching tool for the next eight months and their first introduction to the
• Spent a year working as an optometry assistant
• As a high school senior, studied history in Italy
art of clinical reasoning.
Aynsley Tinkham | Mississauga, Ontario, Canada | BS, Neuroscience, University of Western Ontario
“Helping people correct and improve their eyesight is my ultimate professional goal.”
• Favorite book: A Thousand Splendid Suns
• Enjoys Boston’s historic sites and myriad activities
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ANNUAL R E P OR T 2010
Patient carE
ANNUAL REPORT 2010
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Lea rn i n g t h e A rt of Cli nical Reas on ing
The Learning Curve
Abstract Concepts, Tangible Results
NECO’s clinical reasoning courses are
Clinical reasoning has always been part of the NECO
designed like a three-story house,
curriculum, but it wasn’t until 2007 that Dr. Denial
with each course serving as the foundation for the next. During their first
year, students work primarily in small
made it the focus of a three-year course sequence.
The goal of the courses is to help students develop
the more abstract skills of patient care, such as the
analytical processing skills necessary for diagnosis.
groups and interact regularly with
In other words, the goal is to teach students how
patients to hone their information
to think like doctors.
gathering and communication skills.
The second-year course moves from
“This is the course I wish I could have taken when
I was a NECO student,” says Dr. Denial. “I loved
gathering to analyzing patient
being a student, and I was good at memorizing
information and focuses on differential
information. The problem is, memorization alone
diagnosis, the process of distinguishing
doesn’t enable you to take care of patients. You
between various eye conditions. By
have to know how to apply your knowledge.”
third year, students learn to integrate
To help students bridge the gap between knowledge
all their knowledge and experiences
and the application of knowledge in a clinical
to make diagnoses and develop
context, Dr. Denial enlists volunteer patients to serve
treatment plans for patients.
as real-life case studies for her students. Through
monthly phone calls or meetings, students learn
about their patients’ personal and medical histories
to uncover connections between vision health and
factors such as aging, lifestyle, and socioeconomics.
Students then present their findings in class to
facilitate larger class discussions and problem-solving
exercises based on their patient cases.
“The first year of clinical reasoning taught me how to
approach patient care,” says Maria Pham, a fourth-year
NECO student. “Even though my knowledge of
ocular disease at that point was limited, my
classmates and I were able to identify the anatomic
Clinical reasoning
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ANNUAL R E P OR T 2010
ANNUAL REPORT 2010
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T h e C l i n i c a s C l a s s r oo m
Lea rn i n g t h e A rt of Cli nical Reas on ing
“N EE Commonwealth is the
and physiologic markers of disease, which is the first
launch pad of great doctors.”
step when you’re seeing a new patient.”
- Commonwealth Clinic Director
By her third year, Pham realized she was able to
Mark O’Donoghue, OD ’82
identify not only those markers but also the diseases
that were most likely associated with them – and
options for treatment. “My takeaway from clinical
reasoning was that you really need to know the
basics before you determine the diagnosis and
treatment,” says Pham. “You have to start with
the big picture before you can narrow it down and
figure out exactly what condition the patient has.”
Big-picture analysis is a major tenet of Dr. Denial’s
courses and the New England College of Optometry
at large. “We always tell students that the patient
is not a pair of eyeballs,” says Dr. Denial. “The
contextual environment is very important.” In fact,
numerous research journals such as Academic
Medicine have published studies showing that
the greater a doctor’s ability to think critically
and comprehensively, the better clinical care
he or she delivers.
Even as patient practices and technologies evolve,
the skills that students learn in NECO’s clinical
reasoning courses will remain relevant. After all, the
New England Eye Commonwealth is not your
average optometry clinic. A state-of-the-art facility
near the B.U. West Campus neighborhood, the
Commonwealth clinic is the destination of patients
seeking eye care ranging from routine checkups to
complex retinal evaluations. Children visit the pediatric
section for their first eye exam, young professionals are
fitted for contact lenses, and retina specialists and
ophthalmologists extend expert care to patients
with macular degeneration.
best optometrists will always be the ones who listen
well, ask smart questions, and take the time to see
the whole patient before determining a diagnosis.
But NEE Commonwealth is also much more than that. An academic partner of the College, the clinic is an
extension of the classroom where NECO students and residents learn the best practices in eye care to prepare
for successful careers in optometry. “NEE Commonwealth is the launch pad of great doctors,” says Clinic
Director Mark O’Donoghue, OD ’82. “The key to an NEE residency is taking what is learned in the classroom
and turning it into real, applicable information.”
Hands-on learning
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ANNUAL R E P OR T 2010
ANNUAL REPORT 2010
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Th e Cli n i c a s Cla ssroom
T he C lin ic as Clas s room
Commonwealth services – from primary eye care
assessment, diagnosis, and suggestions for glasses,
to contact lens and cornea care, non-surgical vision
medication, or further testing. After reassessing
therapy, and low-vision rehabilitation services –
the patient, the preceptor points out where their
give residents exposure to a range of specialties
evaluations agree – or diverge. “That interchange is
and approaches. Interacting with a broad patient
the most instructive step,” says Dr. O’Donoghue.
demographic and a multidisciplinary team of
“If there is agreement, the patient is treated
physicians, they graduate equipped to practice
according to the resident’s plan. On the other hand,
in a variety of clinical settings.
if the mentor feels the resident has overlooked or
A day in the clinic
During a typical day at NEE Commonwealth,
misinterpreted something, they’re right there to
guide and to instruct.”
pediatric and contact lens residents take part
A winning combination
in a continuous exchange of information in the
Collaboration with experienced doctors on staff is
conference room they share with students, Dr.
a key Commonwealth differentiator. Residents enjoy
O’Donoghue, and other faculty optometrists.
a broad and multidisciplinary residency, working
“That ongoing dialogue is a wonderful part of
directly with seasoned professionals who serve as
the residency program,” he says. “If we have
examples, teachers, and mentors, offering both
a particularly complicated case, everyone has
empowerment and support.
a chance to discuss it and learn from it.”
“Residents leave Commonwealth prepared for
But the real classroom, Dr. O’Donoghue points out,
the challenges of the future,” says Dr. O’Donoghue.
is the clinic itself. NEE Commonwealth residents are
“They’ve interacted with expert doctors and learned
responsible for the entire eye exam – from the
to see each patient as an individual and treat them
moment a patient arrives for an annual exam or
in a moral, ethical, and efficient way. When our
with concerns about blurred vision until a treatment
residents graduate into hospitals, VA centers,
plan is designed. Residents review the patient’s
community health centers, and private practice,
medical history, perform visual acuity measurements,
those lessons go with them and become
refraction, and neurological testing, and dilate the
optometry’s next practices.”
pupils to check for eye disease. “It is a wonderful
opportunity for the residents to compare what
they’ve seen a million times on the blackboard
or in slides with what they see in a real patient,”
says Dr. O’Donoghue.
Following the exam, residents review with the
physician assigned as their mentor their patient
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ANNUAL R E P OR T 2010
ANNUAL REPORT 2010
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Be s t P r a ct i ce s i n t h e P r a ct i ce
Th e Cli n i c a s Cla ssroom
“T he course of my career revolves around
Brittney Mazza: Realizing her vision
one thing. It’s about decreasing visual
Brittney Mazza, OD ’10, made her career choice early. During her senior year in
high school, she interned with an optometry and ophthalmology practice in her
health disparities and impairment, and
hometown of Dartmouth, Mass., where she watched grateful patients leave the
if impairment occurs, helping patients
office with improved vision. “I knew right away that optometry was the career I
to manage it.”
wanted to pursue,” she says.
- Susan Primo, OD ’85, MPH
“O nce the lenses were in place, his vision was clearer than it had been in a very long time.
His whole life will be different now.” – Brittney Mazza, OD ’10
That pursuit began in earnest at NECO, the school she chose in part for its superior
clinical program. “NECO gave me the opportunity to do pediatric vision screenings
during the first month of school,” she says. “From the beginning, I was exposed to
all areas of optometry and had the chance to network with experts in the field.”
Her residency in NEE Commonwealth’s cornea and contact lens area is an extension
of that training, giving her first-hand experience with patients seeking routine eye
exams, contact lenses, and follow-up care. In preparation for a career in specialty
contact lens fitting, she often treats post-surgical patients or those with corneal
disease and determines the lenses that will best address their unique conditions.
“I recently treated a 30-year-old patient with keratoconus in both eyes,” she says.
Although his corneal deterioration could not be corrected with glasses or traditional
contacts, Dr. Mazza hypothesized that rigid scleral lenses might be the solution.
“Once the lenses were in place,” she says, “his vision was clearer than it had been
in a very long time. His whole life will be different now. Experiences like that are my
reason for choosing this career.”
In addition to caring for patients, Dr. Mazza mentors and instructs students in
Commonwealth contact lens rotations, confirming their patient assessments. In turn,
Dr. Mazza’s attending optometrists – Commonwealth contact lens specialists Susan
Baylus, OD ’89, Jason Chin, OD ’04, and Ron Watanabe, OD – verify her evaluations,
providing guidance as needed. “They’re always available to share their expertise,”
says Dr. Mazza. “They encourage us to remain current on developments in optometry
from basic science and academics to managing the practice once we’re established in
our career. Keeping up with the always-changing field provides a strong foundation
for best practices, and that translates to what’s most important – quality and
compassionate care for our patients.”
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ANNUAL R E P OR T 2010
Susan Primo, OD ’85, MPH learned the power of
compassionate community service early. The daughter
of an Episcopalian minister, she accompanied her father
when he sat with hospitalized parishioners, observing
as he dispensed comfort and hope. She was at his side,
too, one fortuitous summer afternoon when he paid a
visit to his optometrist. “My father took me with him
when he went for an eye exam,” she recalls. “The
doctor explained to me his instruments and how the
eye works – and I was fascinated.” And at 15, she
knew her future would include helping people to see.
Multiple roles, single focus
In addition to her duties as mom to her 12-year-old daughter and 9-year-old son, Dr. Primo’s myriad
responsibilities include her role as director of Vision and Optical Services and Low Vision at Atlanta’s Emory
Eye Center and assisting medically underserved patients at Grady Memorial Hospital’s neighborhood health
center. “My career revolves around one thing,” says Primo. “It’s about decreasing visual health disparities and
reducing the risk of visual impairment, and if impairment occurs, helping patients to manage it – all with the
goal of improving quality of life and better overall health for members of our community.”
PASSION
ANNUAL REPORT 2010
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Be s t P r a ct i ce s i n t h e P r a ct i ce
Be s t P r a ct i ce s i n t h e P r a ct i ce
The importance
of influence
Dr. Susan Primo’s NECO externships
and rotations not only provided her
with invaluable career skills, but
introduced her to supervisors who
became lifelong confidantes and
colleagues. “They all had a major
influence on me and on my career
decisions,” she says. Her preceptors,
Bob Perlin at the VA’s Eastern Blind
Rehab Center (EBRC) and Doug
Hoffman OD ’80 at Dorchester House
remain friends as does Roger Wilson,
OD ’80 with whom she has served
on the Community Health Center
committee of the American
Optometric Association.
“Roger and Doug’s passion for taking
care of this community is extraordinary,”
she says of her NECO mentors. “Bob,
Doug, and Roger were all superb role
models for how to be a good citizen,
let alone a good optometrist. They
laid the groundwork for me both
professionally and personally.”
After receiving her master’s degree in public health
House Multi-Service Health Center and EBRC in
NECO’s unique external training program and the
in 2002, Primo added another aspect to her work:
West Haven [Conn.] had a profound effect on me,”
required fourth-year community health rotation
clinical research. In collaboration with Emory’s Rollins
she says. “At Dot House, I saw patients who were
gave Primo the opportunity to interact not only
School of Public Health and other organizations,
medically underserved and who traditionally had
with patients but also with professional providers at
she conducts clinical trials and vision rehabilitation
limited access to good eye care. They were so
NECO-affiliated health centers. Her EBRC rotation
research in Emory’s Department of Ophthalmology,
appreciative of compassionate caregivers who
also served as a serendipitous introduction to what
recently completing an NEI-funded clinical trial on
prescribed glasses or who diagnosed and managed
would become an enduring professional passion.
glaucoma medication adherence.
conditions that might have caused blindness.
“I knew nothing about low-vision patients when I
At the VA, I was able to spend a great deal of time
got there,” she says. “But I fell in love with the idea
evaluating and helping visually impaired patients
of being able to make a difference in the lives of
who came for a 10-week in-patient program. It was
those with visual impairments.”
She credits her NECO rotations with shaping her
multi-stranded career and concentration in public
health. “The clinical exposure and training I
experienced through my rotations at Dorchester
a very powerful experience.”
m ake a difference
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ANNUAL R E P OR T 2010
ANNUAL REPORT 2010
15
FlagshiPs
Ho m e l e s s Se r v i ce s
Be s t P r a ct i ce s i n t h e P r a ct i ce
1. NE Eye Commonwealth
940 Commonwealth Ave., Boston
4. NE Eye at Pine Street Inn
444 Harrison Ave., Boston
2. NE Eye Roslindale
4199 Washington St., Suite 2, Roslindale
––––––––––––––––––––––––––––––––––––––––––––––––––––––––––
3. Boston Healthcare for Homeless Program Jean Yawkey Place
780 Albany St., Boston
New England Eye Network
Our Growing Patient Care System
5. Rosie’s Place
889 Harrison Ave., Boston
6. Shattuck Shelter
170 Morton St., Jamaica Plain
7. St. Francis House
39 Boylston St., Boston
One of a small cadre of practitioners in the U.S.
working with the visually impaired, Primo helps
Sc h oo l P r o g r a m s
8. NE Shelter for Homeless Veterans
17 Court St., Boston
––––––––––––––––––––––––––––––––––––––––––––––––––––––––––
9. NE Eye at Framingham Public Schools
31 Flagg Dr., Framingham
patients at the Emory Eye Center’s Vision
enable them to see well enough to perform activities
of daily living such as cooking and cleaning their
homes, as well as do things they love to do –
Disabilities
she explains, “we identify devices and therapies that
Ho s p i ta l s
problem can’t be corrected with surgery or glasses,”
reading, sewing, playing cards, and other activities.”
As associate professor of ophthalmology in Emory
University School of Medicine’s Emory Eye Center,
16. Cotting School for Multi-handicapped Children
453 Concord Ave., Lexington
17. St. Coletta and Cardinal Cushing Schools of Mass.
405 Washington St., Hanover
––––––––––––––––––––––––––––––––––––––––––––––––––––––––––
18. Boston Medical Center, Dept. of Ophthalmology
720 Harrison Ave., Boston
19. Tufts NE Medical-Floating Hospital for Children
755 Washington St., Boston
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20. Codman Square Health Center
637 Washington St., Dorchester
23. East Boston Neighborhood Health Center
10 Gove St., East Boston
C o m m un i ty He a lt h C ente r s
Next practitioners = best practitioners
15. May Institute
794 Broadway St., Revere
22. Dorchester House Multi-Service Center
1353 Dorchester Ave., Dorchester
magnifiers, and even head-borne telescopes so they
behind the wheel and drive.
12. Screening Program at Brookline Public Schools
333 Washington St., Brookline
21. The Dimock Center
55 Dimock St., Boston
Primo’s patients learn to use electronic readers and
may once again – with certain restrictions – get
11. Screening Program at Boston Public Schools
26 Court St., Boston
13. ABCD Head Start
178 Tremont St., Boston
––––––––––––––––––––––––––––––––––––––––––––––––––––––––––
14. NE Eye at Perkins School for the Blind
175 North Beacon St., Watertown
Rehabilitation Service adapt to tools that increase
their independence and quality of life. “If their vision
10. NE Eye at Boston Renaissance Charter School
250 Stuart St., Boston
24. Fenway Community Health Center
1340 Boylston St., Boston
25. Geiger-Gibson Community Health Center
250 Mt. Vernon St., Dorchester
26. Joseph P. Smith Community Health Center
300 Western Ave., Allston
27. Lynn Community Health Center
23 Central Ave., 5th Floor, Lynn
28. Martha Eliot Health Center
75 Bickford St., Jamaica Plain
29. North End Community Health Center
332 Hanover St., Boston
basics of performing eye exams and refraction tests
30. South Boston Community Health Center
386 W. Broadway, South Boston
and shares with first- through third-year residents
31. South End Community Health Center
1601 Washington St., Boston
her low-vision expertise. In the course of her lectures
at Emory and elsewhere, she shares something else
32. Upham’s Corner Health Center
500 Columbia Rd., Dorchester
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33. Hebrew Senior Life
1200 Central St., Roslindale
as well: her NECO heritage as the standard of
34. Boston University Eye Associates, Brockton
22 Christy Dr., Brockton
compassion and excellence to which the next
35. NE Eye at MAB Holyoke
267 High St., Holyoke
generation of eye care providers may aspire.
36. NE Eye at MAB Worcester
799 W Boylston St., Worcester
“My passions of public health and low vision
37. Marian Manor
130 Dorchester St., South Boston
came to light at NECO,” she says. “I’m giving my
38. The Boston Home
2049 Dorchester Ave., Dorchester
patients the best possible care and helping them
achieve their best visual potential – because of the
exceptional training I received there.”
Ge r i at r i c s / Lo w V i s i on
Primo teaches first-year ophthalmology residents the
39. Boston Medical Center, Geriatric Service
88 E. Newton St., Boston
40. Elder Service Plan of the North Shore - Friend St.
37 Friend St., Lynn
41. Elder Service Plan of the North Shore - Buffum St.
9 Buffum St., Lynn
42. Elder Service Plan of the North Shore - Market St.
62 Market St., Lynn
43. Elder Service Plan of the North Shore - Cummings
100 Cummings Center, Beverley
44. Elder Service Plan of Harbor Health
2216 Dorchester Ave., Dorchester
45. Upham’s Elder Service Plan - Savin Hill
1140 Dorchester Ave., Dorchester
46. Upham’s Elder Service Plan - Dudley Square
36 Dearborn St., Roxbury
47. Boston Housing Authority, Elder Housing
125 Amory St., Jamaica Plain
16
ANNUAL R E P OR T 2010
ANNUAL REPORT 2010
17
We acknowledge the generosity of the following individuals, corporations, and foundations:
Annual Fund 2010
We gratefully acknowledge the generosity of our many supporters. The following list reflects gifts made between July 1, 2009 and June 30, 2010.
We apologize for any errors or exclusions.
The Foster Namias Legacy Society 2010
The President’s Circle 2010
Members of The Philanthropist’s Society are recognized
The Foster Namias Legacy Society honors individuals who
The President’s Circle recognizes alumni and friends whose gifts to the 2010 Annual Fund totaled $1,000 or more. Members
for their cumulative giving to the New England College
have remembered the New England College of Optometry
of this prestigious group are among the College’s most loyal supporters. They are recognized at the following giving levels.
of Optometry and New England Eye. This distinguished
in their estate plans. We recognize this esteemed group of
group has demonstrated their exceptional commitment.
individuals with deep gratitude for their commitment to
We are pleased to express our gratitude for their
the future success of the College.
The Philanthropist’s Society 2010
(Cumulative giving of $50,000 or more)
philanthropic leadership.
Visionary
Leader
Arthur Baker, OD ’67
Benjamin Lambert III, OD ’62
($500,000 and greater)
($50,000-$99,999)
Stella Beider*
Dr. Alton W. Lamont
Bausch & Lomb
Anonymous
Larry Clausen, OD
Lester Marcus, OD ’54*
Allergan, Inc.
Carl Doughty, OD ’69
Lester Marcus, OD ’54*
B&R Foundation
Joseph Feldberg, OD ’52
Joseph Molinari, OD ’74
Blue Cross Blue Shield
Gerald Feldman, OD ’50
Andrew Portoghese, OD ’60
of Massachusetts
Marion and Dr. Eugene
Harvey Rappoport, OD ’75
Humanitarian
($250,000-$499,999)
Alcon
The Boston Foundation
Stella Beider*
Elizabeth Chen and
CIBA VISION
G. Burtt Holmes, OD ’52
Marco Family Foundation
Richard Edmiston
Citizens Bank Charitable
Foundation
Maurice Saval*
Friends of the Disabled
Vistakon®, Division of Johnson
Gould Family Charitable
& Johnson Vision Care, Inc.
Clinton Wilson, OD ’43*
Fischer, ’61*
and Joan C. Lamont
Maurice Saval*
David Helfman, OD ’69
Gilbert Sellars, OD ’60*
Edith Heymans*
Norman Spector
Edith Hochstadt*
Melvin Stack, OD ’53
G. Burtt Holmes, OD ’52
Timothy Tolford, OD ’79
Arnold Katz, OD ’50
William Tolford, OD ’55*
Foundation
Edith Hochstadt*
Juvenile Diabetes Research
Benefactor
Foundation
($100,000-$249,999)
Arnold Katz, OD ’50
American Diabetes Association
Monthe Kofos, OD ’43*
Edith Heymans*
Donald Korb, OD ‘57
Ludcke Foundation
and Joan Exford, OD
Polymer Technology
Christine and Steven P. Manfredi
Carl & Ruth Shapiro Family
Joseph Molinari, OD ’74
Foundation
State Street Foundation
Ruby
($50,000-$99,999)
Melvin Stack, OD ’53
Emerald
($25,000-$49,999)
Alcon
Citizens Bank Charitable
Foundation
Ludcke Foundation
Christine and Steven P. Manfredi
OneSight Research Foundation
Carl and Ruth Shapiro Family
Foundation
Platinum
($10,000-$24,999)
Boston Center for Blind Children
Community Foundation
of Collier County
Essilor of America
Robert Hormats
Donald Korb, OD ’57
and Joan Exford, OD
Marco Family Foundation
Edward Schwartzberg, OD ’69
Drs. Mary and Clifford Scott ’68
Rhoda Stone
Gold
($5,000-$9,999)
Allergan, Inc.
BJ’s Charitable Foundation
Blue Cross Blue Shield
of Massachusetts
Kristen Griebel, OD ’97
HOYA Vision Care
Neighborhood Health Plan
Partners HealthCare
Tufts Health Plan Foundation
Vistakon®, Division of Johnson
& Johnson Vision Care, Inc.
Walmart
Melvin Stack, OD ’53
William Tolford, OD ’55*
The Whitaker Foundation
Vision Service Plan
Silver
($2,500-$4,999)
AHB & Associates
Jane E. Fisher
O’Neill, Athy & Casey, PC
Norman C. Spector, JD
Theodore N. Voss
Bronze
($1,000-$2,499)
Anonymous
Simon Bagdigian, OD ’53
Bausch & Lomb
Linda Bennett, OD ’80
Randolph Brooks, OD ’77
Nancy Broude
Burns & Levinson LLP
James Casazza, OD ’71
A. Robert Child, OD ’78
Terry Chin, OD ’76
Michael Cohn, OD ’77
James Comerford, OD ’78
CooperVision, Inc.
Francis DiMella
Joseph Donatelle, OD ’61
Elizabeth Edgell
Matthew Elgart, OD ’66
Paul Elliott, OD ’85
Denise and Elias Farrah
Stephen Feltus, OD ’72
Ronald Ferrucci, OD ’74
Barry Fisch, OD ’71
Edward Fitch, OD
Jody Fleit
Micki Flynn, OD ’03
Robert Gordon
Michael Gorman, OD ’62
Howard Greenberg
James Haas
Heine USA Ltd.
David Helfman, OD ’69
Celia Hinrichs, OD ’79
James Hooley
Arthur S. Jankolovits, OD ’70
Reginald Jones, OD ’81
Laura Kain, OD ’97
Barbara Kamens
Brian Klinger, OD
Lawrence Lupo, OD ’77
Luxottica Group
Sylvia and Gerald Marlio
Massachusetts League
of Community Health Centers
Robert Meenan
Ronald Millman, OD ’67
Adilson Monteiro
George R. Montminy, OD ’69
Charles Mullen, OD ’69
Dennis Pardo, OD ’97, MPH
Sebastian Polizzi, OD ’67
James Prince, OD ’57
Alan Rapoport, OD ’86
Joel Rosen
Safilo USA, Inc.
Jeanette Sewell, OD ’81
Margaret and Peter Sherin
Irwin Shwom, OD ’80
Cathy Stern, OD
Kenneth Taylor, OD ’77
TruForm Optics, Inc.
Frederick Valentine, OD ’76
Waber Fund
Hal and Mitzi Witkin
Lynn Wittman, OD ’76
Patron
($500-$999)
Christopher Agro, OD ’93
Arthur Baker, OD ’67
Elliott Brass, OD ’70
California International
Airshow Salinas
Elizabeth Chen
and Richard Edmiston
Yiu-Kin Gary Chu, OD ’95
Patricia Dahill
Dr. and Mrs. James DiResta
Sylvio Dupuis, OD
and Cecile Dupuis
William Dyke, OD ’76
Ralph Eaves, OD ’84
Richard Gallerani, OD ’84
Emily Garrison
David Gaudreau, OD ’86
Give with Liberty
William Gleason, OD ’74
Alan Gold, OD ’74
Jack Goldstein, OD ’48
Ryan Hargreaves, OD ’97
Harvard Pilgrim Health Care, Inc.
Ann Hudson
Jonathan Kaplan, OD ’90
Catherine Kennedy, OD ’78
Lasik Plus
Richard Laudon, OD ’75
Ernest Loewenstein, OD ’77, PhD
Anne Lynch
Brian Lynch, OD ’81
Norman MacLeod, Jr.
Caroline Marten-Ellis, OD ’78, MD
Barbara McGinley
David Mills, OD ’80
Frederick Moffa, OD ’95
Bruce Moore, OD ’75
Northeast Congress
of Optometry Fund
Mark O’Donoghue, OD ’82
David E. Palozej, OD ’86
Robert Parks, OD ’84
Peter Pegolo, OD ’96
Beverly and Paul Peterson
Emily Pratt, OD ’07
Kathleen Prucnal, OD
Anthony Regonini, OD ’78
Susan Rodgin, OD ’84
Frances Rucker, PhD
Donald Salmanson, OD ’46
Herbert Shuer, OD ’73
William Trinh, OD ’03
(*) Indicates that the donor is deceased.
18
ANNUAL R E P OR T 2010
ANNUAL REPORT 2010
19
Vision Service Plan
Robert Webster
Paul White, OD ’61
Roger Wilson, OD ’80
Pano Yeracaris, MD
Friend
($250-$499)
Laura Avakian
Kayla Baker, OD ’03
Susan Baylus, OD ’89
Douglas Benoit, OD ’83
Joan Broude
Kristen Brown, OD
Stephen Byrnes, OD ’77
Nancy Carlson, OD ’77
Fran Lipson and Jack Carroll
Jason Chin, OD ’04
John Corvese, OD ’82
Marguerite Cote, OD ’83
Richard Crinigan, OD ’60
R. Craig Evans, OD ’85
Murray Fingeret, OD ’76
Peter Fleming
Michael Flynn
Kevin Gasiorowski, OD ’90
Edward Goldberg, OD ’70
Steven Goldstein, OD ’83
Tammy Gray, OD ’06
Randy Grover, OD ’94
Rodney Gutner, OD ’73
Amanda Hale, OD ’04
Maureen Hanley, OD ’81
Douglas Hoffman, OD ’80
Kevin Hoye, OD ’99
Gary Kain, OD ’74
Jennifer Kaldenberg
Paul Kantrowich, OD ’74
Neil Kemp, OD ’95
Elliot Kirstein, OD ’76
David A. Klibanoff, OD ’76
Lawrence Kline, OD ’67
Terrence Knisley, OD
Rosanne LaBollita
Shelia Lawler
Cynthia Macdonald
Hope Marandola, OD ’92
Martin Mark, OD ’66
Glen McCormack, OD
Janis Mertz, OD ’82
David Momnie, OD ’74
Mr. and Mrs. Russell Moreau
Yee Moy
Satpal Multani, OD ’94
20
ANNUAL R E P OR T 2010
Paul Murray, OD ’82
Sandra Payton, OD ’08
Calvin Perry, OD ’65
Michael Phillips, OD ’79
Richard Price, OD ’03
Raytheon
Jane Shanahan and Peter Robart
Gerard Roubichou
Madeline Sanabria
Neil Schram, OD ’71
Lisa and Richard Setian
Hayes Sogoloff, OD ’70
Jeffrey Sonsino, OD ’01
William Tanzer, OD ’79
Teague Training Group
Ethelanne Trent
Terry Walton, OD ’71
Timothy Wilson
Andrew Zodikoff, OD ’86
Sponsors
($25-$249)
Anonymous
Yves J. Alloucherie, OD ’79
Myron Allukian Jr., DDS, MPH
American Metalcraft Company, Inc.
Benay Ames
Eric Hall Anderson
Phyllis Andrejko, OD ’97
Wieslawa Andros-Andrzejewska,
OD ’92
Daniel Appleton, OD ’69
John Archibald, OD ’66
Yeshayahu Artsy
Jerry Baker, OD ’73
Marla Barker
Mr. and Mrs. Walter Barnes
David Baron, OD ’89
Marvin Baum, OD ’64
Alan Beaulieu, OD ’89
Catherine Berce
Andrew Berger, OD ’96
George Bertherman, OD ’93
Ryan Beyer, OD ’05
James Bick
John Biestek, OD ’82
Peter Bird, OD ’92
Joseph Bistricer, OD ’80
Isreal Bloomfield, OD ’52
Alison Boda, OD ’03
Henry Boroyan, OD ’69
Salvatore Bosco
Lynn Brandes, OD ’87
Russell Broude
Bruce Bunker, OD ’79
Gail Buschmann
Linda Cameron, OD ’97
Magdalen Cantwell
Kimberly Carleton
Amy Carlyle, OD ’97
Mary Carter
Ronald Cedrone, OD ’78
Lavinia Chase
Kevin Chauvette, OD ’89
Claudia Chavez, OD ’02
Donald Chen
Mili Chitalia, OD ’05
Paul and Shirley Chorney
Kenneth Ciuffreda, OD ’73
Kristin Tallman Colden, OD ’93
Linda Cole
Nancy Coletta, OD
College of Optometrists
in Vision Development
John Comstock
Robert Connors, OD ’81
Leonard Contardo, OD ’80
Arthur Corvese, OD ’81
Thomas Corwin, OD ’93
Janis Cotter, OD ’85
Peter Cottone, OD ’71
Michael Cozzetta, OD ’87
John Curran
Eileen Curtin, OD ’92
Charles Cyr, OD ’86
Richard Dahill
Tina Dahill
Edouard Dalexis
Elise D’Amiano, OD ’91
Mildred Daniel
Edgar Davis
Janice Davis
Brenda DeForrest, OD ’90
Chine de Jenga, OD ’90
Frank DiChiara, OD
Nathan Doble, PhD
and Stacey S. Choi, OD, PhD
Han Dong, OD ’69
Robert Doty, OD ’75
Nina Nghi Doyle, OD ’03
Alma Dugas
Sharon Eagan, OD ’87
Karon and Christopher Easton
Heather Stone Edmonds
George Ehlert, OD ’67
Meredith Emery
Beatrice and Stephen Erdely
Peter Eudenbach, OD ’55
Claudia Evans, OD ’74
Peter Everett, OD ’84
EZ Landscaping
James Fantazian, OD ’62
Taline Farra, OD
Kathy Faulk
Derek Feifke, OD ’90
Shuellen Ferreira
Chester Fichandler, OD ’73
Richard Finkel
John Flaherty, OD ’48
Irving Fradkin, OD ’43
Raymond Franzone, OD ’82
Philip Friedman, OD ’62
Eva Fung, OD ’03
Mr. Gary Fung
Harriett Gadson
John Gaetani, OD ’89
Gary Galante, OD ’84
Stewart Galeucia, OD ’82
C. Farrell Gallaway, OD ’49
Mary Ellen Gallick, OD ’85
Ginny Galpin
Gustavo Garmizo, OD ’82
Jo Ann Gershaw
Robert Geula, OD ’74
Leon Ginsburg, OD ’49
Leonard Gittler, OD ’56
Alan Glickman, OD ’86
E. Albert Glickman, OD ’42
Edward Godnig, OD ’76
Bruce Goldin, OD ’78
Catherine Grant
Marcia Kay Green, OD ’74
Morton Green, OD ’39
Rhonda Greifinger, OD ’80
Charles Griffen, OD ’83
E. Robert Grossman, OD ’64
Viktoriya Gutkevich, OD ’02
Anne Marie Hall, OD ’89
Stephen Harrell, OD ’88
Mark Harris, OD ’94
Ji He
Amy Hebert, OD ’00
James Hendrix
Marie Hill
Hilda Hite, OD ’01
Judy and Peter Holden
Emil Horowitz, OD ’77
Lee Hunsaker
Barry Jacobs, MD
Jeanette Jezick, OD ’93
Catherine Johnson, OD ’06
Ian Jones, OD ’97
John Joyce
Suzi Kahn
Cheryl Kane-Robson, OD ’80
Robert Kanter
Tracy Kelley
Steven Koevary, PhD
Leslie Koo, OD ’89
Neil Kozol, OD ’81
Lisa Kralian, OD ’85
Arthur Kravitz, OD ’91
Jeffrey Kublin, OD ’83
Patricia Kus
Marielle Kwon, OD ’95
Cheryl Landry, OD ’85
Patti Landry, OD ’83
Mark Lappin
Steven Lary, OD ’82
Susan Leader, OD ’89
John Leary, OD ’49
Jill and William Leisman
Lee Lerner, OD ’89
Wayne Levasseur, OD ’80
Ralph Levoy, OD ’72
Alan Lewis, OD ’65
Joyce Libby
Steven Liberfarb, OD ’78
Libretto, Inc.
Joy Lin
Lois and Myles Lopatin
Barbara Lottero
James Luccio, OD ’75
Sivhour Ly, OD ’08
Grace Lytle, OD ’08
Kelly MacDonald, OD ’01
John MacKenzie, OD ’69
Sharon Magill, OD ’96
David Magnus, OD ’81
Naheed K. Malik, OD ’01
Tracey Mangham
Eleanor Mann
Chester Marcus
Steven Markow, OD ’81
Derek Maroun, OD ’98
Mary Martin
Barbara Cox Masiello, OD ’02
Susan Matteson
Roger McCarthy, OD ’63
Eileen McGill, OD ’78
Joanne McIntosh
John McIntyre, OD ’84
Thomas Meaker, OD ’73
Anthony Messa, OD ’86
Nicole Metzger
David Mitchell, OD ’86
Stephen Morris, OD ’81
Peter F. Morse, OD ’79
Harvey Moscot, OD ’86
Anne Moskowitz, OD ’93, PhD
Amy Roan Moy, OD ’03
Milly Mui, OD ’09
Salvatore Musumeci, OD ’87
William Myers, OD ’52
Michael Newman, OD ’67
Debora Nickla, PhD
Neal Nyman, OD ’72
Christine and Thomas O’Brien
Rosemary Oreskovich, OD ’86
Mr. and Mrs. Gerard Ouellette
Regina Panzone, OD ’90
Sydney Parlow
John Paskowski, OD ’88
Adolfo Patron
Eliezer Peli, OD ’83
Linda Pham
Patrick Phelan, OD ’72
Robert M. Pine, OD ’82
Mary and William Pitochelli
Donald Plum, OD ’71
Cozette Poirier
Jasmin Popplewell
Walter Potaznick, OD ’76
Joanne and Roger Pothier
Amy Pruszenski, OD ’93
David Quartz, OD ’83
Nicole Quinn, OD ’01
Galina Rabkin, OD ’03
Haskell Rapoport, OD ’49
Rosemary Redmond, OD ’91
David Reed, OD ’68
Gina Reiners, OD ’09
Jack Richman, OD
Richmond Products, Inc.
Roblin Insurance Agency Inc.
Richard Rock, OD ’71
Frederic Rose, OD ’64
Jeffrey Rose, OD ’73
Robert Rosenstein, OD ’74
Richard Rosenthal, OD ’71
Peter Rosenwald, OD ’71
Xin Ruan, OD ’05
Carol Rubel
Rostislav Ryvkin, OD ’02
Dana Salgado, OD ’04
Steven Santos, OD ’89
Steven Saramanidis, OD ’68
Perry Savoy, OD ’42
Judith Schaffer, OD ’93
Stephanie Schultz, OD ’07
Ellen and Gregory Scott
Robert Sekuler, PhD
Arnelda Shapiro, OD ’43*
Arnold Shapiro, OD ’72
Robert Sherrin, OD ’77
Robert Shulman, OD ’57
Alan Siegel, OD ’74
William Sleight, OD ’82
Richard Small
Harrison Smiley, OD ’68
David Smith, OD ’67
Richard Snow, OD ’49
David Soll, OD ’76
Sally Dang Soltes, OD ’94
Cynthia Soper
Mr. and Mrs. Philip Spiro
William St. Vincent, OD ’81
Mark Steadman, OD ’86
Alicja Stoeger, OD ’78
Teresa Stone, OD ’95
Diana and David Sullivan
Michael Sullivan, OD ’90
Cholappadi Sundar-Raj, OD ’86
Philip Sutherland, OD ’86
Mr. and Mrs. Patrick Swanick
Lizabeth and Jeffrey Swift
Joseph Taddonio, OD ’76
Jiaqi Tao
Keith Taylor, OD ’81
Kristie Teets, OD ’04
Jennifer Teti
April Thacker-Salvador, OD ’04
Komal Thakore, OD ’06
Lina Tollis
Ruth Trachimowicz, OD ’87
Mark Traveis, OD ’93
Edward Tsang
Tucker, Heifetz, & Saltzman
Jennifer Turcott, OD ’94
Michael Tusino
Glenda Underwood
Peter Violette, OD ’86
Visiting Nurse Association
David Vito, OD ’73
MingJun Wang, OD ’00
Brian Weber, OD ’86
Matt Weinstock
Erik Weissberg, OD ’97
Bertram Widder, OD ’55
Denise Wilcox, OD ’85
Robert Wilcox, OD ’86
James Williams, OD ’77
Laureen Williams
Sara and Marc Winer
Lindsey Wong
Winston Yao, OD ’99
David Yorra, OD ’47
Beverly Young, OD ’88
Mr. and Mrs. Paul Young
Supporter
(<$25)
Ina Carducci
Kai-May Chen, OD ’03
Valeria Gauthier
Stanley Koehler, OD ’78
John McGinty
Willa Rapp
Mindy Roseman
Daniel Sirkin
In-Kind
ABB Concise
Alcon
Art Optical Contact Lens Inc.
Laura Avakian
Bausch & Lomb
Blanchard Contact Lens Inc.
Stephen Byrnes, OD ’77
Contamac US, Inc.
Joseph Feldberg, OD ’52
Gangi Printing
Robert Gels
Gordon’s Fine Wine & Liquors
Michael Gorman, OD ’62
Heine USA Ltd.
G. Burtt Holmes, OD ’52
Robert Honnors, OD ’63
Dr. Kevin Levine
Luxottica Group
Marchon Eyewear, Inc.
Massachusetts Lions
Richmond Products, Inc.
Rivkind
Kenneth Sydow
Teague Training Group
Topcon Medical Systems, Inc
Vision Service Plan
Volk Optical, Inc.
Welch Allyn
ZEISS Meditec
*Deceased
ANNUAL REPORT 2010
21
New England College of Optometry Consolidated Statements of Financial Position
New England College of Optometry Consolidated Statements of Activities
June 30, 2010 and 2009
Years Ended June 30
2010
2009
Assets
2010
Operating revenues
Cash and cash equivalents
768,098 Tuition and fees
162,641
159,393
Less scholarships and grants
1,087,898 731,688 Prepayments and other assets 389,131
382,111 Contributions receivable, net
219,380 128,496
7,156,511 7,144,113 Investments, at market value 11,135,994 Property, plant, and equipment, net 12,835,314
$
Cash on deposit with trustee Accounts receivable, net Student loans, net Total assets
619,219 $
33,606,088 $
14,918,844 Contributions
444,741 297,438 Patient care
3,756,983 3,039,375 10,147,092 Grants and contracts
1,551,129
1,651,410 13,158,855
Interest income
37,831
34,721
118,022 174,318
21,622,549 20,116,107 Liabilities:
1,174,885
$
15,240,545 15,713,844 Tuition and fees, net
Other sources, including auxiliary enterprises
Net assets released from restrictions
$
$
(321,701)
Liabilities and Net Assets
Accounts payable and accrued expenses
16,134,621 (420,777)
32,619,846
$
$
Total operating revenues
1,122,362
— Total operating revenues and net assets
released from restrictions
Annuity obligations 154,626 Interest rate swap, at fair value 397,291 153,003
Operating expenses
Lines of credit 839,716 529,699
— 21,622,549
20,116,107 42,534 Clinical instruction and patient care
6,831,886 6,661,363 Deferred revenue 2,145,634
2,168,660
Instruction
4,642,766
4,455,587 Bonds payable 9,235,000 9,555,000 Research
1,696,417 1,792,964 Refundable U.S. government grants 6,387,447
6,226,219 Academic support
1,450,516 1,309,409 19,797,477 Student services
1,279,575
1,230,164 Institutional support
5,882,660 5,190,883 Auxiliary enterprises
153,808 161,493 21,937,628 20,801,863 (315,079) (685,756)
Investment return
1,138,141
(1,936,779)
Change in value of annuity obligations
(137,862)
Change in value of life income funds
8,188
Total liabilities
20,334,600 Net assets:
Unrestricted 7,422,738 7,445,427
Temporarily restricted 3,708,111 3,341,202
Permanently restricted 2,140,639
2,035,740 Total net assets
Total liabilities and net assets
13,271,488 $
33,606,088
12,822,369
$
32,619,846
Total operating expenses
Change in net assets from operating activities
Non-operating activities
—
(43,887)
(153,003)
Reclassification of net assets
—
— Net assets as of beginning of year
Net assets as of end of year
ANNUAL R E P OR T 2010
Change in fair value of interest rate swap
(244,269)
Change in net assets
22
2009
$
449,119 (2,819,425)
12,822,369 15,641,795 13,271,488
$
12,822,370
ANNUAL REPORT 2010
23
New England College of Optometry 2010-2011
Board of Trustees
Corporators
Steven P. Manfredi, Chair
William R. Baldwin, OD,
Ronald R. Ferrucci, OD ’74,
Vice-Chair
Clifford Scott, OD ’68, MPH,
Credits: Design Dickinson | Writing / Editorial Libretto | Photography Rodney Gutner and Richard Dickinson
President
PhD, LHD
Linda Bennett, OD ’80
Lester M. Brackley, OD ’68
Edward L. Burke, JD
Myron Allukian Jr., DDS, MPH
David J. Caban, OD ’77
A. Robert Child, OD ’78
Con Chapman, JD
Francis L. DiMella, AIA
Charles Clark
Joan M. Exford, OD
Michael Cohn, OD ’77
Howard Greenberg
Howard Coleman, OD ’57
James Hooley, MSW
Matthew Elgart, OD ’66
Ann Hudson, CPA
David Ferris, OD ’66, LHD
James Hunt Jr., MUA, CAE, LHD
Elmer Freeman
Stephen N. Kirnon, MBA, EdD
Philip E. Friedman, OD ’62
Brian S. Klinger, OD, FAAO
Elaine S. Garrett
Colin L. Leitch, MDiv
Carl F. Gruning, OD ’66
Kelly MacDonald, OD ’01
Donald Higgins, OD ’82
Annie McGuire
Celia Anne Hinrichs, OD ’79
Robert Meenan, MD, MPH, MBA
Robert H. Honnors, OD ’63
Joel B. Rosen, MBA
Barbara Kamens
Robert W. Sekuler, PhD
Farooq Khan, OD ’02
Richard N. Small, CPA
Senator Benjamin Lambert
Norman C. Spector, JD
III, OD ’62
Jiaqi Tao, MSc
Cynthia P. Macdonald, JD
Pano Yeracaris, MD, MPH
Norman A. MacLeod, LHD
David Miller, MD
Emeritus Members
Joseph J.F. Bickford, OD ’65
Lester M. Brackley, OD ’68
G. Burtt Holmes, OD ’52, LHD
Adelbert Parrot, OD ’34*
Paul Taylor, OD ’55 *
Robert Miller, CFE, CPA
Joseph F. Molinari, OD ’74, MEd
Joseph F. Osmanski, OD ’74
Gerard Phelan
David A.V. Reynolds, DPH
Fernando Hidalgo Santa Cruz,
OD ’87
Ronald J. Serra, OD ’70
Thomas M. Sheehan, OD ’64
Solomon K. Slobins, OD ’50
John A. Stefanini, JD
Jennifer Stewart, OD ’07
Irwin B. Suchoff, OD ’59, DOS
Michael R. Taylor, MEd
Thomas Terry, OD ’75
Timothy W. Tolford, OD ’79
Alison Bibbins Ward
* Deceased
424 Beacon Street | Boston, Massachusetts 02115 | 617.587.5647 | www.neco.edu