Civic Intelligence

Video Electronics Standards Association

990 • Fiscal year 2018 • EIN 77-0212238

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 13, 2019

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

71st percentile

0.34x

Higher debt load relative to assets than 71% of similar nonprofits.

2018 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

87th percentile

0.59x

Higher debt load relative to revenue than 87% of similar nonprofits.

2018 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2018

Net Margin

44th percentile

2.2%

Higher net margin than 44% of similar nonprofits.

2018 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

75th percentile

$220,479

Higher top officer pay than 75% of similar nonprofits.

Top officer pay equals 9.5% of source-year revenue.

2018 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2018

Asset Growth

34th percentile

-2.2%

Faster asset growth than 34% of similar nonprofits.

2018 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

67th percentile

8.0%

Faster revenue growth than 67% of similar nonprofits.

2018 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets71st percentile

Assets

Down

$4,067,577

Down $91,125 (-2.2%) from 2017

Net Assets

Down

$2,690,726

Down $218,729 (-7.5%) from 2017

Liabilities

Up

$1,376,851

Up $127,604 (+10%) from 2017

Revenue And Expenses
Liabilities / Revenue87th percentileNet Margin44th percentile

Revenue

Up

$2,319,460

Up $171,503 (+8.0%) from 2017

Expenses

Up

$2,268,786

Up $325,448 (+17%) from 2017

Net Income

Down

$50,674

Down $153,945 (-75%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth34th 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

2018

Assets$4,067,577
Liabilities$1,376,851
Net Assets$2,690,726
Open 2018 Filing

Operations Trend

Revenue Growth67th 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

2018

Revenue$2,319,460
Expenses$2,268,786
Net Income$50,674
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 13, 2019
Return Version
2018v3.1
Gross Receipts
$2,507,187
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$2,692,786$2,353,848▼ $338,938
Savings and Temporary Cash Investments$988,849$1,139,038▲ $150,189
Prepaid Expenses and Deferred Charges$416,077$526,791▲ $110,714
Land, Buildings, and Equipment, Net$57,883$42,103▼ $15,780
Accounts Receivable$180$370▲ $190
Total Assets$4,158,702$4,067,577▼ $91,125
Other Assets Total$2,927$5,427▲ $2,500
Liabilities
Deferred Revenue$981,760$978,268▼ $3,492
Accounts Payable and Accrued Expenses$142,499$273,556▲ $131,057
Other Liabilities$124,988$125,027▲ $39
Total Liabilities$1,249,247$1,376,851▲ $127,604
Net Assets / Fund Balance
Unrestricted Net Assets$2,909,455$2,690,726▼ $218,729
Total Net Assets Fund Balance$2,909,455$2,690,726▼ $218,729
Total Liabilities and Net Assets / Fund Balance$4,158,702$4,067,577▼ $91,125

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$40,744$43,684$84,428
Equipment$1,359$5,639$6,998
Compensation and Service Providers
Top Officer Pay75th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
William LempesisExecutive DirectorFT$215,229$5,250$220,479

Board Members and Trustees

NameTitle
Alan KobayashiChairman
Syed Athar HussainVice-chairman
Do Kyun KimBoard Member
James GoelBoard Member
Pablo OrtegaBoard Member
Zach HammBoard Member
Bob RidenourFormer Board Member
Craig WileySecretary/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$2,153,492
Program Service Revenue
$52,307
Investment Income
$113,661
Other Revenue
$0
Change in Net Assets
$50,674

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,294,034
Revenue Not Reported on Financial Statements
$25,426
Revenue Not Reported on Form 990
$-267,883
Total Revenue per Audited Statements
$2,026,151
Total Revenue per Form 990
$2,319,460
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,856,333
Salaries, Compensation, and Employee Benefits$412,453
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other---$609,994
Advertising---$216,952
Current Officers, Directors, Trustees, and Key Employees---$215,229
Other Salaries and Wages---$152,981
Fees for Services Legal---$64,265
Occupancy---$55,370
Information Technology---$50,343
Fees for Services Accounting---$27,852
Fees for Service Investment Mgmnt Fees---$25,426
Payroll Taxes---$23,451
Other Employee Benefits---$20,792
Depreciation Depletion---$15,090
Insurance---$12,220
Office Expenses---$11,272
Other Expenses---$7,779
All Other Expenses---$4,017
Total Functional Expenses$0$0$0$2,268,786

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$2,268,786
Expenses per Audited Statements$2,243,360
Total Expenses per Audited Statements$2,243,360
Expenses Not Reported on Financial Statements$25,426
Expenses Not Reported on Form 990$0
International Activity

International Summary

Offices
0
Employees
1
Spending
$31,779

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$31,779
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$125,027
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
2019-11-13
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
4
Volunteers
30

Preparer

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

Additional Explanations

Form 990, Part IX, Line 11G

“Compliance manager 282,790. Document editor 41,347. Vtm consultant 254,078. Japan consultant 31,779.”

FORM 990, PART XI, LINE 9:

“Post closing adjustment related to marketing expenses -1,520.”

FORM 990, PART XII, LINE 2C:

“No change from prior year”

Financial Statement Notes

PART X, LINE 2:

“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, 2015 through 2017 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, 2014 through 2017 could be subject to examination by state taxing authorities, generally for four years after they are filed.”

Raw XML AppendixShowing 400 of 426 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/OtherExpensesGrp/TotalAmt235911
IRS990/OtherExpensesGrp/TotalAmt37779
IRS990/OtherLiabilitiesGrp/BOYAmt0124988
IRS990/OtherLiabilitiesGrp/EOYAmt0125027
IRS990/OtherSalariesAndWagesGrp/TotalAmt0152981
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt023451
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0416077
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0526791
IRS990/PrincipalOfficerNm0WILLIAM LEMPESIS
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0PROGRAM REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt052307
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt052307
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01998436
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt075010
IRS990/PYOtherExpensesAmt01581442
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt074511
IRS990/PYRevenuesLessExpensesAmt0204619
IRS990/PYSalariesCompEmpBnftPaidAmt0361896
IRS990/PYTotalExpensesAmt01943338
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02147957
IRS990/ReconcilationRevenueExpnssAmt050674
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt02205799
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0988849
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01139038
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt01359
IRS990ScheduleD/EquipmentGrp/DepreciationAmt05639
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt06998
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt025426
IRS990ScheduleD/ExpensesSubtotalAmt02243360
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt025426
IRS990ScheduleD/InvestmentExpensesNotIncldAmt025426
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-267883
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt040744
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt043684
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt084428
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0125027
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PREPAID MEMBERSHIP DUES
IRS990ScheduleD/RevenueNotReportedAmt0-267883
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt025426
IRS990ScheduleD/RevenueSubtotalAmt02294034
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE 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, 2015 THROUGH 2017 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, 2014 THROUGH 2017 COULD BE SUBJECT TO EXAMINATION BY STATE TAXING AUTHORITIES, GENERALLY FOR FOUR YEARS AFTER THEY ARE FILED.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt042103
IRS990ScheduleD/TotalExpensesPerForm990Amt02268786
IRS990ScheduleD/TotalLiabilityAmt0125027
IRS990ScheduleD/TotalRevenuePerForm990Amt02319460
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02026151
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02243360
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt01
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt00
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt031779
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/SubtotalSpentAmt031779
IRS990ScheduleF/TotalEmployeeCnt01
IRS990ScheduleF/TotalOfficeCnt00
IRS990ScheduleF/TotalSpentAmt031779
IRS990ScheduleF/TransferToForeignCorpInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompensationCommitteeInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0215229
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/TotalCompensationFilingOrgAmt0220479
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/ExplanationTxt6COMPLIANCE MANAGER 282,790. DOCUMENT EDITOR 41,347. VTM CONSULTANT 254,078. JAPAN CONSULTANT 31,779.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7POST CLOSING ADJUSTMENT RELATED TO MARKETING EXPENSES -1,520.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8NO 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 XI, LINE 9:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990, PART XII, LINE 2C:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt04158702
IRS990/TotalAssetsEOYAmt04067577
IRS990/TotalAssetsGrp/BOYAmt04158702
IRS990/TotalAssetsGrp/EOYAmt04067577
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalContributionsAmt02153492
IRS990/TotalEmployeeCnt04
IRS990/TotalFunctionalExpensesGrp/TotalAmt02268786
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01249247
IRS990/TotalLiabilitiesEOYAmt01376851
IRS990/TotalLiabilitiesGrp/BOYAmt01249247
IRS990/TotalLiabilitiesGrp/EOYAmt01376851
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02909455
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02690726
IRS990/TotalOtherCompensationAmt05250
IRS990/TotalProgramServiceExpensesAmt02268786
IRS990/TotalProgramServiceRevenueAmt052307
IRS990/TotalReportableCompFromOrgAmt0215229
IRS990/TotalRevenueGrp/ExclusionAmt095932
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt070036
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02319460
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt030
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt04158702
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt04067577
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt02909455
IRS990/UnrestrictedNetAssetsGrp/EOYAmt02690726
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/BuildTS02020-03-31 21:24:44Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0WILLIAM LEMPESIS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum04089823850
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-11-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0VIDEO ELECTRONICS STANDARDS ASSOCIATION
ReturnHeader/Filer/BusinessNameControlTxt0VIDE
ReturnHeader/Filer/EIN0770212238

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$4,067,577
Liabilities
$1,376,851
Net assets
$2,690,726
Revenue
$2,319,460
Expenses
$2,268,786
Net income
$50,674
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