Civic Intelligence

Video Electronics Standards Association

990 • Fiscal year 2017 • EIN 77-0212238

Jan 01, 2017 to Dec 31, 2017 • Filed on Nov 08, 2018

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

66th percentile

0.30x

Higher debt load relative to assets than 66% of similar nonprofits.

2017 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

86th percentile

0.58x

Higher debt load relative to revenue than 86% of similar nonprofits.

2017 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2017

Net Margin

70th percentile

9.5%

Higher net margin than 70% of similar nonprofits.

2017 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

75th percentile

$216,850

Higher top officer pay than 75% of similar nonprofits.

Top officer pay equals 10.1% of source-year revenue.

2017 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2017

Asset Growth

84th percentile

21%

Faster asset growth than 84% of similar nonprofits.

2017 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

84th percentile

19%

Faster revenue growth than 84% of similar nonprofits.

2017 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Up

$4,158,702

Up $718,632 (+21%) from 2016

Net Assets

Up

$2,909,455

Up $490,248 (+20%) from 2016

Liabilities

Up

$1,249,247

Up $228,384 (+22%) from 2016

Revenue

Up

$2,147,957

Up $349,665 (+19%) from 2016

Expenses

Up

$1,943,338

Up $215,286 (+12%) from 2016

Net Income

Up

$204,619

Up $134,379 (+191%) from 2016

Historical Trend

Balance Sheet Trend

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

2017

Assets$4,158,702
Liabilities$1,249,247
Net Assets$2,909,455

Operations Trend

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

2017

Revenue$2,147,957
Expenses$1,943,338
Net Income$204,619
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Nov 8, 2018
Return Version
2017v2.3
Gross Receipts
$2,171,644
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) mission is to develop, promote and support an ecosystem of vendors and certified, interoperable products for the electronics industry.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$2,254,714$2,692,786▲ $438,072
Savings and Temporary Cash Investments$863,608$988,849▲ $125,241
Prepaid Expenses and Deferred Charges$305,060$416,077▲ $111,017
Land, Buildings, and Equipment, Net$13,761$57,883▲ $44,122
Accounts Receivable-$180-
Receivables From Officers Etc-$0-
Total Assets$3,440,070$4,158,702▲ $718,632
Other Assets Total$2,927$2,927→ $0
Liabilities
Deferred Revenue$840,196$981,760▲ $141,564
Accounts Payable and Accrued Expenses$105,644$142,499▲ $36,855
Other Liabilities$75,023$124,988▲ $49,965
Total Liabilities$1,020,863$1,249,247▲ $228,384
Net Assets / Fund Balance
Unrestricted Net Assets$2,419,207$2,909,455▲ $490,248
Total Net Assets Fund Balance$2,419,207$2,909,455▲ $490,248
Total Liabilities and Net Assets / Fund Balance$3,440,070$4,158,702▲ $718,632

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$54,774$29,654$84,428
Equipment$3,109$5,612$8,721
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
William LempesisExecutive DirectorFT$211,000$5,850$216,850

Board Members and Trustees

NameTitle
Alan KobayashiChairman
Syed Athar HussainVice-chairman
Bob RidenourBoard Member
Do Kyun KimBoard Member
Pablo OrtegaBoard Member
Zach HammBoard Member
Craig WileySecretary/treasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
James ChoateCompliance Services311 CRYSTAL HILLS BLVD, Manitou Springs, CO 80829$179,630
Revenue and Support

Revenue Composition

Contributions and Grants
$1,998,436
Program Service Revenue
$74,511
Investment Income
$75,010
Other Revenue
$0
Change in Net Assets
$204,619

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,124,347
Revenue Not Reported on Financial Statements
$23,610
Revenue Not Reported on Form 990
$285,629
Total Revenue per Audited Statements
$2,409,976
Total Revenue per Form 990
$2,147,957
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,581,442
Salaries, Compensation, and Employee Benefits$361,896
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other---$489,893
Current Officers, Directors, Trustees, and Key Employees---$216,850
Advertising---$205,272
Other Salaries and Wages---$112,745
Information Technology---$75,011
Fees for Services Accounting---$48,403
Occupancy---$40,579
Fees for Services Legal---$33,560
Fees for Service Investment Mgmnt Fees---$23,610
Payroll Taxes---$20,371
Other Employee Benefits---$11,930
Insurance---$11,854
Depreciation Depletion---$8,701
Other Expenses---$7,815
All Other Expenses---$6,991
Office Expenses---$6,990
Total Functional Expenses$0$0$0$1,943,338

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$1,943,338
Expenses per Audited Statements$1,919,728
Total Expenses per Audited Statements$1,919,728
Expenses Not Reported on Financial Statements$23,610
Expenses Not Reported on Form 990$0
International Activity

International Summary

Offices
0
Employees
1
Spending
$25,301

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 Monthly Member Meetings in Japan.Organization of Meetings and Translation of Documents.01$25,301
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Prepaid Membership Dues$124,988
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Backup withholding compliance
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 membership dues 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 11B

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
2018-11-08
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
30

Preparer

Firm
Abbott Stringham & Lynch
Address
1530 MERIDIAN AVE 2ND FLR, SAN JOSE, CA 95125
Preparer
Sheba B Dalaney
Phone
4083778700
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Government & taxes 60. Compliance manager 199,563. Document editor 33,921. Vtm consultant 231,048. Japan consultant 25,301.

FORM 990, PART XII, LINE 2C:

No change from prior year

Financial Statement Notes

PART X, LINE 2:

The association is a qualified organization exempt from federal income and california franchise taxes under the provisions of sections 501(c)(6) of the internal revenue code and 23701(e) of the california revenue and taxation code. The association is subject to a tax on income from any unrelated business. The association has adopted the accounting standard related to uncertainties in income taxes. The association evaluates uncertain tax positions through its review of the source of revenue to identify unrelated business income and certain other matters, including those which may affect its tax exempt status. Management believes their estimates related to income tax uncertainties are appropriate based on the current facts and circumstances. The association's federal return of organization exempt from income tax (form 990) for years ended december 31, 2014 through 2016 are subject to examination by the irs, generally for three years after they are filed. The association's state returns (form 199) for the years ended december 31, 2013 through 2016 could be subject to examination by state taxing authorities, generally for four years after they are filed.

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IRS990/OtherExpensesGrp/TotalAmt235484
IRS990/OtherExpensesGrp/TotalAmt37815
IRS990/OtherLiabilitiesGrp/BOYAmt075023
IRS990/OtherLiabilitiesGrp/EOYAmt0124988
IRS990/OtherSalariesAndWagesGrp/TotalAmt0112745
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt020371
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0305060
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0416077
IRS990/PrincipalOfficerNm0WILLIAM LEMPESIS
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0PROGRAM REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt074511
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt074511
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01658201
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt053630
IRS990/PYOtherExpensesAmt0925584
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt086461
IRS990/PYRevenuesLessExpensesAmt070240
IRS990/PYSalariesCompEmpBnftPaidAmt0802468
IRS990/PYTotalExpensesAmt01728052
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01798292
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0204619
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt02072947
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0863608
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0988849
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt03109
IRS990ScheduleD/EquipmentGrp/DepreciationAmt05612
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt08721
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt023610
IRS990ScheduleD/ExpensesSubtotalAmt01919728
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt023610
IRS990ScheduleD/InvestmentExpensesNotIncldAmt023610
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0285629
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt054774
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt029654
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt084428
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0124988
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PREPAID MEMBERSHIP DUES
IRS990ScheduleD/RevenueNotReportedAmt0285629
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt023610
IRS990ScheduleD/RevenueSubtotalAmt02124347
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ASSOCIATION IS A QUALIFIED ORGANIZATION EXEMPT FROM FEDERAL INCOME AND CALIFORNIA FRANCHISE TAXES UNDER THE PROVISIONS OF SECTIONS 501(C)(6) OF THE INTERNAL REVENUE CODE AND 23701(E) OF THE CALIFORNIA REVENUE AND TAXATION CODE. THE ASSOCIATION IS SUBJECT TO A TAX ON INCOME FROM ANY UNRELATED BUSINESS. THE ASSOCIATION HAS ADOPTED THE ACCOUNTING STANDARD RELATED TO UNCERTAINTIES IN INCOME TAXES. THE ASSOCIATION EVALUATES UNCERTAIN TAX POSITIONS THROUGH ITS REVIEW OF THE SOURCE OF REVENUE TO IDENTIFY UNRELATED BUSINESS INCOME AND CERTAIN OTHER MATTERS, INCLUDING THOSE WHICH MAY AFFECT ITS TAX EXEMPT STATUS. MANAGEMENT BELIEVES THEIR ESTIMATES RELATED TO INCOME TAX UNCERTAINTIES ARE APPROPRIATE BASED ON THE CURRENT FACTS AND CIRCUMSTANCES. THE ASSOCIATION'S FEDERAL RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX (FORM 990) FOR YEARS ENDED DECEMBER 31, 2014 THROUGH 2016 ARE SUBJECT TO EXAMINATION BY THE IRS, GENERALLY FOR THREE YEARS AFTER THEY ARE FILED. THE ASSOCIATION'S STATE RETURNS (FORM 199) FOR THE YEARS ENDED DECEMBER 31, 2013 THROUGH 2016 COULD BE SUBJECT TO EXAMINATION BY STATE TAXING AUTHORITIES, GENERALLY FOR FOUR YEARS AFTER THEY ARE FILED.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt057883
IRS990ScheduleD/TotalExpensesPerForm990Amt01943338
IRS990ScheduleD/TotalLiabilityAmt0124988
IRS990ScheduleD/TotalRevenuePerForm990Amt02147957
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02409976
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01919728
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt01
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt00
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt025301
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0EAST ASIA AND THE PACIFIC
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt0ORGANIZATION OF MEETINGS AND TRANSLATION OF DOCUMENTS.
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt0CONDUCT MONTHLY MEMBER MEETINGS IN JAPAN.
IRS990ScheduleF/BoycottCountriesInd00
IRS990ScheduleF/ContinuationSpentAmt00
IRS990ScheduleF/ContinuationTotalEmployeeCnt00
IRS990ScheduleF/ContinuationTotalOfficeCnt00
IRS990ScheduleF/ForeignCorpOwnershipInd00
IRS990ScheduleF/ForeignPartnershipInd00
IRS990ScheduleF/InterestInForeignTrustInd00
IRS990ScheduleF/PassiveForeignInvestmestCoInd00
IRS990ScheduleF/SubtotalEmployeesCnt01
IRS990ScheduleF/SubtotalOfficesCnt00
IRS990ScheduleF/SubtotalSpentAmt025301
IRS990ScheduleF/TotalEmployeeCnt01
IRS990ScheduleF/TotalOfficeCnt00
IRS990ScheduleF/TotalSpentAmt025301
IRS990ScheduleF/TransferToForeignCorpInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompensationCommitteeInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0211000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt05250
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt0600
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0WILLIAM LEMPESIS
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0EXECUTIVE DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0216850
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990ScheduleJ/WrittenEmploymentContractInd0X
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS COMPRISED OF MEMBERS WHO PAY MEMBERSHIP DUES 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/ExplanationTxt6GOVERNMENT & TAXES 60. COMPLIANCE MANAGER 199,563. DOCUMENT EDITOR 33,921. VTM CONSULTANT 231,048. JAPAN CONSULTANT 25,301.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7NO CHANGE FROM PRIOR YEAR
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 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART IX, LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART XII, LINE 2C:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt03440070
IRS990/TotalAssetsEOYAmt04158702
IRS990/TotalAssetsGrp/BOYAmt03440070
IRS990/TotalAssetsGrp/EOYAmt04158702
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalContributionsAmt01998436
IRS990/TotalEmployeeCnt03
IRS990/TotalFunctionalExpensesGrp/TotalAmt01943338
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01020863
IRS990/TotalLiabilitiesEOYAmt01249247
IRS990/TotalLiabilitiesGrp/BOYAmt01020863
IRS990/TotalLiabilitiesGrp/EOYAmt01249247
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02419207
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02909455
IRS990/TotalOtherCompensationAmt05850
IRS990/TotalProgramServiceExpensesAmt01943338
IRS990/TotalProgramServiceRevenueAmt074511
IRS990/TotalReportableCompFromOrgAmt0211000
IRS990/TotalRevenueGrp/ExclusionAmt081147
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt068374
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02147957
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt030
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt03440070
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt04158702
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt02419207
IRS990/UnrestrictedNetAssetsGrp/EOYAmt02909455
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/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0WILLIAM LEMPESIS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum04089823850
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-11-08
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0VIDEO ELECTRONICS STANDARDS ASSOCIATION
ReturnHeader/Filer/BusinessNameControlTxt0VIDE
ReturnHeader/Filer/EIN0770212238
ReturnHeader/Filer/PhoneNum04089823850
ReturnHeader/Filer/USAddress/AddressLine1Txt01754 TECHNOLOGY DRIVE NO 238
ReturnHeader/Filer/USAddress/CityNm0SAN JOSE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd095110
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId05EA4909D64F553E70A22955230CA76F68B1896FC
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId050F812C9499AE5D43302E20DB569BCD626741CE6

Document Assets

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Filings

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