Civic Intelligence

Video Electronics Standards Association

990 • Fiscal year 2014 • EIN 77-0212238

Jan 01, 2014 to Dec 31, 2014 • Filed on Nov 13, 2015

Organization ProfileWWW.VESA.ORG

View Organization Page

1754 Technology Drive No 238San Jose, CA 95110

(408) 982-3850

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

59th percentile

0.26x

Higher debt load relative to assets than 59% of similar nonprofits.

2014 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

85th percentile

0.59x

Higher debt load relative to revenue than 85% of similar nonprofits.

2014 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2014

Net Margin

89th percentile

20%

Higher net margin than 89% of similar nonprofits.

2014 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

76th percentile

$211,450

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 14.1% of source-year revenue.

2014 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2014

Asset Growth

72nd percentile

12%

Faster asset growth than 72% of similar nonprofits.

2014 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Revenue Growth

62nd percentile

7.2%

Faster revenue growth than 62% of similar nonprofits.

2014 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Balance Sheet
Liabilities / Assets59th percentile

Assets

Up

$3,437,708

Up $359,472 (+12%) from 2013

Net Assets

Up

$2,548,924

Up $293,893 (+13%) from 2013

Liabilities

Up

$888,784

Up $65,579 (+8.0%) from 2013

Revenue And Expenses
Liabilities / Revenue85th percentileNet Margin89th percentile

Revenue

Up

$1,498,912

Up $100,823 (+7.2%) from 2013

Expenses

Up

$1,203,531

Up $112,054 (+10%) from 2013

Net Income

Down

$295,381

Down $11,231 (-3.7%) from 2013

Historical Trend

Balance Sheet Trend

Asset Growth72nd percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$8.0M$6.0M$4.0M$2.0M$0Assets 2010: $2,157,046Liabilities 2010: $432,760Net Assets 2010: $1,724,2862010Assets 2011: $1,980,421Liabilities 2011: $495,168Net Assets 2011: $1,485,2532011Assets 2012: $2,450,882Liabilities 2012: $707,973Net Assets 2012: $1,742,9092012Assets 2013: $3,078,236Liabilities 2013: $823,205Net Assets 2013: $2,255,0312013Assets 2014: $3,437,708Liabilities 2014: $888,784Net Assets 2014: $2,548,9242014Assets 2015: $3,089,374Liabilities 2015: $828,946Net Assets 2015: $2,260,4282015Assets 2016: $3,440,070Liabilities 2016: $1,020,863Net Assets 2016: $2,419,2072016Assets 2017: $4,158,702Liabilities 2017: $1,249,247Net Assets 2017: $2,909,4552017Assets 2018: $4,067,577Liabilities 2018: $1,376,851Net Assets 2018: $2,690,7262018Assets 2019: $4,336,475Liabilities 2019: $1,349,033Net Assets 2019: $2,987,4422019Assets 2020: $5,061,632Liabilities 2020: $1,287,276Net Assets 2020: $3,774,3562020Assets 2021: $6,526,877Liabilities 2021: $1,435,870Net Assets 2021: $5,091,0072021Assets 2022: $6,408,729Liabilities 2022: $1,822,200Net Assets 2022: $4,586,5292022Assets 2023: $7,177,654Liabilities 2023: $1,643,164Net Assets 2023: $5,534,4902023Assets 2024: $7,967,659Liabilities 2024: $1,747,199Net Assets 2024: $6,220,4602024

Highlighted filing

2014

Assets$3,437,708
Liabilities$888,784
Net Assets$2,548,924
Open 2014 Filing

Operations Trend

Revenue Growth62nd percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$4.0M$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $1,131,2482010Expenses 2011: $1,128,1002011Expenses 2012: $1,072,0852012Revenue 2013: $1,398,089Expenses 2013: $1,091,477Net Income 2013: $306,6122013Revenue 2014: $1,498,912Expenses 2014: $1,203,531Net Income 2014: $295,3812014Revenue 2015: $1,640,933Expenses 2015: $1,840,553Net Income 2015: -$199,6202015Revenue 2016: $1,798,292Expenses 2016: $1,728,052Net Income 2016: $70,2402016Revenue 2017: $2,147,957Expenses 2017: $1,943,338Net Income 2017: $204,6192017Revenue 2018: $2,319,460Expenses 2018: $2,268,786Net Income 2018: $50,6742018Revenue 2019: $2,354,596Expenses 2019: $2,557,850Net Income 2019: -$203,2542019Revenue 2020: $2,932,030Expenses 2020: $1,969,106Net Income 2020: $962,9242020Revenue 2021: $2,683,211Expenses 2021: $1,579,128Net Income 2021: $1,104,0832021Revenue 2022: $2,517,898Expenses 2022: $2,131,150Net Income 2022: $386,7482022Revenue 2023: $2,733,872Expenses 2023: $2,241,789Net Income 2023: $492,0832023Revenue 2024: $3,671,753Expenses 2024: $2,373,318Net Income 2024: $1,298,4352024

Highlighted filing

2014

Revenue$1,498,912
Expenses$1,203,531
Net Income$295,381
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Nov 13, 2015
Return Version
2014v5.0
Gross Receipts
$1,702,911
Mission and Program Overview

Mission

The association is formed and operated by members in computer graphics and enables them to enhance and develop computer graphic standards.

Vesa's (video electronic standards association) vision is continual growth in technical standards development and evolution into an international trade association, with a world-wide membership driving standards intiatives, product implementations, and market implementation.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$2,160,995$2,234,844▲ $73,849
Savings and Temporary Cash Investments$761,401$954,848▲ $193,447
Prepaid Expenses and Deferred Charges$131,064$230,113▲ $99,049
Land, Buildings, and Equipment, Net$24,776$14,976▼ $9,800
Total Assets$3,078,236$3,437,708▲ $359,472
Other Assets Total$0$2,927▲ $2,927
Liabilities
Deferred Revenue$588,847$679,812▲ $90,965
Accounts Payable and Accrued Expenses$132,826$104,900▼ $27,926
Other Liabilities$101,532$104,072▲ $2,540
Total Liabilities$823,205$888,784▲ $65,579
Net Assets / Fund Balance
Unrestricted Net Assets$2,255,031$2,548,924▲ $293,893
Total Net Assets Fund Balance$2,255,031$2,548,924▲ $293,893
Total Liabilities and Net Assets / Fund Balance$3,078,236$3,437,708▲ $359,472

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$13,689$42,172$55,861
Equipment$1,287$6,545$7,832
Compensation and Service Providers
Top Officer Pay76th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
William LempesisExecutive DirectorFT$205,600$5,250$210,850
Joan WhiteMembership ManagerFT$104,378$17,453$121,831

Board Members and Trustees

NameTitle
Alan KobayashiChairman
Syed Athar HussainVice-chairman
Brian FetzBoard Member
Craig WileyBoard Member
Pablo OrtegaBoard Member
Simon EllisBoard Member
Richard HubbardTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Vtm INCCompliance Program Management3855 SW 153RD DRIVE, Beaverton, OR 97006$165,677
Swirl INCAdvertising, Marketing, Communications,101 MONTGOMERY STREET, San Francisco, CA 94129$144,055
Revenue and Support

Revenue Composition

Contributions and Grants
$1,358,535
Program Service Revenue
$30,799
Investment Income
$109,578
Other Revenue
$0
Change in Net Assets
$295,381

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,498,912
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$1,488
Total Revenue per Audited Statements
$1,500,400
Total Revenue per Form 990
$1,498,912
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$635,964
Other Expenses$567,567
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$406,457
Current Officers, Directors, Trustees, and Key Employees---$205,600
Advertising---$182,364
Fees for Services Accounting---$37,580
Fees for Services Legal---$33,243
Occupancy---$25,057
Fees for Service Investment Mgmnt Fees---$19,575
Information Technology---$14,575
Insurance---$11,009
Depreciation Depletion---$8,803
Other Employee Benefits---$8,435
Pension Plan Contributions---$7,876
Payroll Taxes---$7,596
Other Expenses---$6,544
Office Expenses---$1,873
All Other Expenses---$1,507
Fees for Services Other---$929
Total Functional Expenses$0$0$0$1,203,531

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,203,531
Total Expenses per Audited Statements$1,203,531
Total Expenses per Form 990$1,203,531
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

International Summary

Offices
0
Employees
0
Spending
$21,205

International Compliance

Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
East Asia and the PacificConduct Workshops in Asia. Regular Meeting in Japan.Organization of Meetings and Translation of Documents.00$21,205
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Prepaid Membership Dues$104,072
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

“The organization is comprised of members who pay memberships on an annual basis.”

Form 990, Part VI, Section A, Line 7A

“Members elect the board of directors. Each member company is entitled to one vote.”

Form 990, Part VI, Section A, Line 7B

“If there are any changes to the bylaws of the organization, all members of the organization are allowed to vote and 20 percent quorum is required.”

Form 990, Part VI, Section B, Line 11

“The executive director meets with the auditors to review and discuss a draft of form 990 and approves it before presenting to the executive committee and to the entire board of directors to review.”

Form 990, Part VI, Section B, Line 15

“Executive director compensation is reviewed by the board using goals and objectives to determine compensation. Industry standards bodies studied by independent third parties are used as a basis.”

Form 990, Part VI, Section C, Line 19

“Bylaws are made public at www.vesa.org. The organization makes other governing documents and financial statements available to members only upon request.”

Filing and Contact Details

Filer

Filer Name
Video Electronics Standards Association
EIN
77-0212238
Phone
4089823850
Address
1754 TECHNOLOGY DRIVE NO 238, SAN JOSE, CA 95110

Signing Officer

Name
William Lempesis
Title
Executive Director
Phone
4089823850
Signed
2015-11-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
William Lempesis
Formed
1989
Legal Domicile
CA
Voting Board Members
7
Independent Board Members
7
Employees
3
Volunteers
40

Preparer

Firm
Abbott Stringham & Lynch
Address
1550 LEIGH AVE, SAN JOSE, CA 95125
Preparer
Sheba B Dalaney
Phone
4083778700
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

“In accordance with financial accounting standards board (fasb) asc topic no. 740, "uncertainty in income taxes" (asc 740), the association recognizes the impact of tax positions in the financial statements if that position is more likely than not to be sustained on audit, based on the technical merits of the position. To date, the association has not recorded any uncertain tax positions. The association recognizes potential accrued interest and penalties related to uncertain tax positions in income tax expense. During the years ended december 31, 2014 and 2013, the association performed an evaluation of uncertain tax positions and did not note any matters that would require recognition in the financial statements or which may have an effect on its tax-exempt status. The federal income and california franchise tax returns of the association still open and subject to examination by the internal revenue service and the state of california are as follows: jurisdiction open tax years federal 2012 - 2014 state 2011 - 2014”

Raw XML AppendixShowing 400 of 421 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt070913
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-1488
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt025057
IRS990/OfficeExpensesGrp/TotalAmt01873
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt00
IRS990/OtherAssetsTotalGrp/EOYAmt02927
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt08435
IRS990/OtherExpensesGrp/Desc0TRADE SHOW
IRS990/OtherExpensesGrp/Desc1BANK CHARGES
IRS990/OtherExpensesGrp/Desc2EDUCATIONAL WORKSHOPS
IRS990/OtherExpensesGrp/Desc3TELEPHONE CHARGES
IRS990/OtherExpensesGrp/TotalAmt0169064
IRS990/OtherExpensesGrp/TotalAmt128080
IRS990/OtherExpensesGrp/TotalAmt227364
IRS990/OtherExpensesGrp/TotalAmt36544
IRS990/OtherLiabilitiesGrp/BOYAmt0101532
IRS990/OtherLiabilitiesGrp/EOYAmt0104072
IRS990/OtherSalariesAndWagesGrp/TotalAmt0406457
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt07596
IRS990/PensionPlanContributionsGrp/TotalAmt07876
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0131064
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0230113
IRS990/PrincipalOfficerNm0WILLIAM LEMPESIS
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0PROGRAM REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt030799
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt030799
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01311814
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt074005
IRS990/PYOtherExpensesAmt0516906
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt012270
IRS990/PYRevenuesLessExpensesAmt0306612
IRS990/PYSalariesCompEmpBnftPaidAmt0574571
IRS990/PYTotalExpensesAmt01091477
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01398089
IRS990/ReconcilationRevenueExpnssAmt0295381
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt01389334
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0761401
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0954848
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt01287
IRS990ScheduleD/EquipmentGrp/DepreciationAmt06545
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt07832
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01203531
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/NetUnrealizedGainsInvstAmt01488
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt013689
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt042172
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt055861
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0104072
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PREPAID MEMBERSHIP DUES
IRS990ScheduleD/RevenueNotReportedAmt01488
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01498912
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0IN ACCORDANCE WITH FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ASC TOPIC NO. 740, "UNCERTAINTY IN INCOME TAXES" (ASC 740), THE ASSOCIATION RECOGNIZES THE IMPACT OF TAX POSITIONS IN THE FINANCIAL STATEMENTS IF THAT POSITION IS MORE LIKELY THAN NOT TO BE SUSTAINED ON AUDIT, BASED ON THE TECHNICAL MERITS OF THE POSITION. TO DATE, THE ASSOCIATION HAS NOT RECORDED ANY UNCERTAIN TAX POSITIONS. THE ASSOCIATION RECOGNIZES POTENTIAL ACCRUED INTEREST AND PENALTIES RELATED TO UNCERTAIN TAX POSITIONS IN INCOME TAX EXPENSE. DURING THE YEARS ENDED DECEMBER 31, 2014 AND 2013, THE ASSOCIATION PERFORMED AN EVALUATION OF UNCERTAIN TAX POSITIONS AND DID NOT NOTE ANY MATTERS THAT WOULD REQUIRE RECOGNITION IN THE FINANCIAL STATEMENTS OR WHICH MAY HAVE AN EFFECT ON ITS TAX-EXEMPT STATUS. THE FEDERAL INCOME AND CALIFORNIA FRANCHISE TAX RETURNS OF THE ASSOCIATION STILL OPEN AND SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE AND THE STATE OF CALIFORNIA ARE AS FOLLOWS: JURISDICTION OPEN TAX YEARS FEDERAL 2012 - 2014 STATE 2011 - 2014
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt014976
IRS990ScheduleD/TotalExpensesPerForm990Amt01203531
IRS990ScheduleD/TotalLiabilityAmt0104072
IRS990ScheduleD/TotalRevenuePerForm990Amt01498912
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01500400
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01203531
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt00
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt00
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt021205
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0EAST ASIA AND THE PACIFIC
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt0ORGANIZATION OF MEETINGS AND TRANSLATION OF DOCUMENTS.
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt0CONDUCT WORKSHOPS IN ASIA. REGULAR MEETING IN JAPAN.
IRS990ScheduleF/BoycottCountriesInd00
IRS990ScheduleF/ContinuationSpentAmt00
IRS990ScheduleF/ContinutationTotalEmployeeCnt00
IRS990ScheduleF/ContinutationTotalOfficeCnt00
IRS990ScheduleF/ForeignCorpOwnershipInd00
IRS990ScheduleF/ForeignPartnershipInd00
IRS990ScheduleF/InterestInForeignTrustInd00
IRS990ScheduleF/PassiveForeignInvestmestCoInd00
IRS990ScheduleF/SubtotalEmployeesCnt00
IRS990ScheduleF/SubtotalOfficesCnt00
IRS990ScheduleF/SubtotalSpentAmt021205
IRS990ScheduleF/TotalEmployeeCnt00
IRS990ScheduleF/TotalOfficeCnt00
IRS990ScheduleF/TotalSpentAmt021205
IRS990ScheduleF/TransferToForeignCorpInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompensationCommitteeInd0X
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0205600
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt05250
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0WILLIAM LEMPESIS
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0EXECUTIVE DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0210850
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990ScheduleJ/WrittenEmploymentContractInd0X
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS COMPRISED OF MEMBERS WHO PAY MEMBERSHIPS ON AN ANNUAL BASIS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MEMBERS ELECT THE BOARD OF DIRECTORS. EACH MEMBER COMPANY IS ENTITLED TO ONE VOTE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2IF THERE ARE ANY CHANGES TO THE BYLAWS OF THE ORGANIZATION, ALL MEMBERS OF THE ORGANIZATION ARE ALLOWED TO VOTE AND 20 PERCENT QUORUM IS REQUIRED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE EXECUTIVE DIRECTOR MEETS WITH THE AUDITORS TO REVIEW AND DISCUSS A DRAFT OF FORM 990 AND APPROVES IT BEFORE PRESENTING TO THE EXECUTIVE COMMITTEE AND TO THE ENTIRE BOARD OF DIRECTORS TO REVIEW.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4EXECUTIVE DIRECTOR COMPENSATION IS REVIEWED BY THE BOARD USING GOALS AND OBJECTIVES TO DETERMINE COMPENSATION. INDUSTRY STANDARDS BODIES STUDIED BY INDEPENDENT THIRD PARTIES ARE USED AS A BASIS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5BYLAWS ARE MADE PUBLIC AT WWW.VESA.ORG. THE ORGANIZATION MAKES OTHER GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO MEMBERS ONLY UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt03078236
IRS990/TotalAssetsEOYAmt03437708
IRS990/TotalAssetsGrp/BOYAmt03078236
IRS990/TotalAssetsGrp/EOYAmt03437708
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalContributionsAmt01358535
IRS990/TotalEmployeeCnt03
IRS990/TotalFunctionalExpensesGrp/TotalAmt01203531
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0823205
IRS990/TotalLiabilitiesEOYAmt0888784
IRS990/TotalLiabilitiesGrp/BOYAmt0823205
IRS990/TotalLiabilitiesGrp/EOYAmt0888784
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02255031
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02548924
IRS990/TotalOtherCompensationAmt023303
IRS990/TotalProgramServiceExpensesAmt01203531
IRS990/TotalProgramServiceRevenueAmt030799
IRS990/TotalReportableCompFromOrgAmt0309978
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0140377
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01498912
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt040
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt03078236
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt03437708
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt02255031
IRS990/UnrestrictedNetAssetsGrp/EOYAmt02548924
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01754 TECHNOLOGY DRIVE NO 238
IRS990/USAddress/CityNm0SAN JOSE
IRS990/USAddress/StateAbbreviationCd0CA
IRS990/USAddress/ZIPCd095110
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0WWW.VESA.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02016-03-07 17:11:31Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0WILLIAM LEMPESIS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum04089823850
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-11-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0VIDEO ELECTRONICS STANDARDS ASSOCIATION

Document Assets

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Filings

Displayed year

2014 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,437,708
Liabilities
$888,784
Net assets
$2,548,924
Revenue
$1,498,912
Expenses
$1,203,531
Net income
$295,381
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.97$1.75$6.22$3.67$2.37$1.30
2023Detailed filing. Detailed filing data is available for this year.$7.18$1.64$5.53$2.73$2.24$0.49
2022Detailed filing. Detailed filing data is available for this year.$6.41$1.82$4.59$2.52$2.13$0.39
2021Detailed filing. Detailed filing data is available for this year.$6.53$1.44$5.09$2.68$1.58$1.10
2020Detailed filing. Detailed filing data is available for this year.$5.06$1.29$3.77$2.93$1.97$0.96
2019Detailed filing. Detailed filing data is available for this year.$4.34$1.35$2.99$2.35$2.56$0.20
2018Detailed filing. Detailed filing data is available for this year.$4.07$1.38$2.69$2.32$2.27$0.05
2017Detailed filing. Detailed filing data is available for this year.$4.16$1.25$2.91$2.15$1.94$0.20
2016Detailed filing. Detailed filing data is available for this year.$3.44$1.02$2.42$1.80$1.73$0.07
2015Detailed filing. Detailed filing data is available for this year.$3.09$0.83$2.26$1.64$1.84$0.20
2014Detailed filing. Detailed filing data is available for this year.$3.44$0.89$2.55$1.50$1.20$0.30
2013Detailed filing. Detailed filing data is available for this year.$3.08$0.82$2.26$1.40$1.09$0.31
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.45$0.71$1.74$1.07
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.98$0.50$1.49$1.13
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.16$0.43$1.72$1.13