Civic Intelligence

Video Electronics Standards Association

990 • Fiscal year 2022 • EIN 77-0212238

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 13, 2023

CO Vtm Group 3855 SW 153rd DriveBeaverton, OR 97003

(503) 619-0279

Siviq Scores

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

Liabilities / Assets

61st percentile

0.28x

Higher debt load relative to assets than 61% of similar nonprofits.

2022 filings • 501(c)6 • $5M-$10M nonprofits • Source year 2022

Liabilities / Revenue

81st percentile

0.72x

Higher debt load relative to revenue than 81% of similar nonprofits.

2022 filings • 501(c)6 • $5M-$10M nonprofits • Source year 2022

Net Margin

75th percentile

15%

Higher net margin than 75% of similar nonprofits.

2022 filings • 501(c)6 • $5M-$10M nonprofits • Source year 2022

Top Officer Pay

42nd percentile

$232,000

Higher top officer pay than 42% of similar nonprofits.

Top officer pay equals 9.2% of source-year revenue.

2022 filings • 501(c)6 • $5M-$10M nonprofits • Source year 2022

Asset Growth

42nd percentile

-1.8%

Faster asset growth than 42% of similar nonprofits.

2022 filings • 501(c)6 • $5M-$10M nonprofits • Annualized from 2021 to 2022

Revenue Growth

21st percentile

-6.2%

Faster revenue growth than 21% of similar nonprofits.

2022 filings • 501(c)6 • $5M-$10M nonprofits • Annualized from 2021 to 2022

Assets

Down

$6,408,729

Down $118,148 (-1.8%) from 2021

Net Assets

Down

$4,586,529

Down $504,478 (-9.9%) from 2021

Liabilities

Up

$1,822,200

Up $386,330 (+27%) from 2021

Revenue

Down

$2,517,898

Down $165,313 (-6.2%) from 2021

Expenses

Up

$2,131,150

Up $552,022 (+35%) from 2021

Net Income

Down

$386,748

Down $717,335 (-65%) from 2021

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

2022

Assets$6,408,729
Liabilities$1,822,200
Net Assets$4,586,529

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

2022

Revenue$2,517,898
Expenses$2,131,150
Net Income$386,748
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 13, 2023
Return Version
2022v5.0
Gross Receipts
$3,756,360
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$5,543,315$5,025,796▼ $517,519
Cash and Non-Interest-Bearing Accounts$409,759$886,728▲ $476,969
Savings and Temporary Cash Investments$253,906$188,361▼ $65,545
Land, Buildings, and Equipment, Net$190,706$139,748▼ $50,958
Prepaid Expenses and Deferred Charges$123,664$74,203▼ $49,461
Accounts Receivable$100$0▼ $100
Total Assets$6,526,877$6,408,729▼ $118,148
Other Assets Total$5,427$93,893▲ $88,466
Liabilities
Deferred Revenue$1,110,750$1,218,666▲ $107,916
Accounts Payable and Accrued Expenses$170,120$309,425▲ $139,305
Other Liabilities$155,000$294,109▲ $139,109
Total Liabilities$1,435,870$1,822,200▲ $386,330
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$5,091,007$4,586,529▼ $504,478
Total Net Assets Fund Balance$5,091,007$4,586,529▼ $504,478
Total Liabilities and Net Assets / Fund Balance$6,526,877$6,408,729▼ $118,148

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$139,748$137,051$276,799
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
William LempesisExecutive DirectorFT$232,000$232,000

Board Members and Trustees

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

Highest Paid Contractors

ContractorServicesLocationCompensation
Vtm INCManagement Services3855 SW 153RD DR, Beaverton, OR 97003$322,099
Incline Compliance EngineeringStandards Compliance Management311 CRYSTAL HILLS BLVD, Manitou Springs, CO 80829$233,382
Open Sky Communications LLCPublic Relations5758 GEARY BLVD 238, San Francisco, CA 94121$119,192
Revenue and Support

Revenue Composition

Contributions and Grants
$2,447,083
Program Service Revenue
$0
Investment Income
$63,815
Other Revenue
$7,000
Change in Net Assets
$386,748

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,447,304
Revenue Not Reported on Financial Statements
$70,594
Revenue Not Reported on Form 990
$-876,284
Other Revenue Adjustments
$16,466
Total Revenue per Audited Statements
$1,571,020
Total Revenue per Form 990
$2,517,898
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,815,738
Salaries, Compensation, and Employee Benefits$315,412
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$718,392$71,520-$789,912
Information Technology$253,191--$253,191
Current Officers, Directors, Trustees, and Key Employees$174,000$58,000-$232,000
Advertising$193,743--$193,743
Fees for Services Legal$79,484$1,125-$80,609
Occupancy-$71,011-$71,011
Office Expenses-$56,681-$56,681
Fees for Service Investment Mgmnt Fees-$54,128-$54,128
Depreciation Depletion$40,216$10,742-$50,958
Fees for Services Accounting-$47,175-$47,175
Other Salaries and Wages$43,151--$43,151
Other Employee Benefits$18,087$4,831-$22,918
Insurance-$17,405-$17,405
Payroll Taxes$13,687$3,656-$17,343
Other Expenses$187,320$3,357-$3,357
Total Functional Expenses$1,721,271$409,879$0$2,131,150

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$2,131,150
Expenses per Audited Statements$2,075,495
Total Expenses per Audited Statements$2,075,495
Expenses Not Reported on Financial Statements$55,655
Other Expense Adjustments$1,527
Expenses Not Reported on Form 990$0
International Activity

International Summary

Offices
0
Employees
1
Spending
$55,224

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 AsiaOrganization of Meetings and Translation of Documents.01$55,224
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$210,063
Current Portion Lease Payable$62,051
Non-current Lease Payable$21,995
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
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
Yes
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 12C

Conflicts of interest are discussed at board meetings.

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
5036190279
Address
CO VTM GROUP 3855 SW 153RD DRIVE, BEAVERTON, OR 97003

Signing Officer

Name
William Lempesis
Title
Executive Director
Phone
5036190279
Signed
2023-11-13
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
2
Volunteers
30

Preparer

Firm
Abbott Stringham & Lynch
Address
1901 S BASCOM AVE STE 105, CAMPBELL, CA 95008
Preparer
Sheba B Dalaney
Phone
4083778700
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Compliance manager: program service expenses 374,980. Management and general expenses 71,520. Fundraising expenses 0. Total expenses 446,500. Document editor: program service expenses 78,448. Management and general expenses 0. Fundraising expenses 0. Total expenses 78,448. Vtm consultant: program service expenses 209,740. Management and general expenses 0. Fundraising expenses 0. Total expenses 209,740. Japan consultant: program service expenses 5,021. Management and general expenses 0. Fundraising expenses 0. Total expenses 5,021. Asia expenses: program service expenses 50,203. Management and general expenses 0. Fundraising expenses 0. Total expenses 50,203.

FORM 990, PART XI, LINE 9:

Book/tax investment income difference -14,939. Rounding -3.

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, 2018 through 2021 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, 2017 through 2021 could be subject to examination by state taxing authorities, generally for four years after they are filed.

PART XI, LINE 4B - OTHER ADJUSTMENTS:

Book/tax investment income difference 16,466.

PART XII, LINE 4B - OTHER ADJUSTMENTS:

Foreign tax withheld from dividends 1,527.

Raw XML AppendixShowing 400 of 467 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/IndependentVotingMemberCnt07
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/ProgramServicesAmt0253191
IRS990/InformationTechnologyGrp/TotalAmt0253191
IRS990/InsuranceGrp/ManagementAndGeneralAmt017405
IRS990/InsuranceGrp/TotalAmt017405
IRS990/InvestmentIncomeGrp/ExclusionAmt0151563
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0151563
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt05543315
IRS990/InvestmentsPubTradedSecGrp/EOYAmt05025796
IRS990/IRPDocumentCnt012
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0137051
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0190706
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0139748
IRS990/LandBldgEquipCostOrOtherBssAmt0276799
IRS990/LegalDomicileStateCd0CA
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt01238462
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembershipDuesAmt02447083
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0VESA'S (VIDEO ELECTRONIC STANDARDS ASSOCIATION) MISSION IS TO DEVELOP, PROMOTE AND SUPPORT AN ECOSYSTEM OF VENDORS AND CERTIFIED, INTEROPERABLE PRODUCTS FOR THE ELECTRONICS INDUSTRY.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt05091007
IRS990/NetAssetsOrFundBalancesEOYAmt04586529
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-87748
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-87748
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-876284
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt05091007
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt04586529
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt071011
IRS990/OccupancyGrp/TotalAmt071011
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt056681
IRS990/OfficeExpensesGrp/TotalAmt056681
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt05427
IRS990/OtherAssetsTotalGrp/EOYAmt093893
IRS990/OtherChangesInNetAssetsAmt0-14942
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt04831
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt018087
IRS990/OtherEmployeeBenefitsGrp/TotalAmt022918
IRS990/OtherExpensesGrp/Desc0TRADE SHOWS
IRS990/OtherExpensesGrp/Desc1BANK CHARGES
IRS990/OtherExpensesGrp/Desc2TAXES AND FEES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt010248
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt13357
IRS990/OtherExpensesGrp/ProgramServicesAmt0187320
IRS990/OtherExpensesGrp/TotalAmt0187320
IRS990/OtherExpensesGrp/TotalAmt110248
IRS990/OtherExpensesGrp/TotalAmt23357
IRS990/OtherLiabilitiesGrp/BOYAmt0155000
IRS990/OtherLiabilitiesGrp/EOYAmt0294109
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt043151
IRS990/OtherSalariesAndWagesGrp/TotalAmt043151
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt03656
IRS990/PayrollTaxesGrp/ProgramServicesAmt013687
IRS990/PayrollTaxesGrp/TotalAmt017343
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0123664
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt074203
IRS990/PrincipalOfficerNm0WILLIAM LEMPESIS
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt02310000
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0372628
IRS990/PYOtherExpensesAmt01273312
IRS990/PYOtherRevenueAmt0583
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt01104083
IRS990/PYSalariesCompEmpBnftPaidAmt0305816
IRS990/PYTotalExpensesAmt01579128
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02683211
IRS990/ReconcilationRevenueExpnssAmt0386748
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RoyaltiesRevenueGrp/ExclusionAmt07000
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt07000
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0253906
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0188361
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt0139748
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0137051
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0276799
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt055655
IRS990ScheduleD/ExpensesSubtotalAmt02075495
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt054128
IRS990ScheduleD/InvestmentExpensesNotIncldAmt054128
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-876284
IRS990ScheduleD/OtherExpensesNotIncludedAmt01527
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0210063
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt162051
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt221995
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PREPAID MEMBERSHIP DUES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1CURRENT PORTION LEASE PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2NON-CURRENT LEASE PAYABLE
IRS990ScheduleD/OtherRevenuesNotIncludedAmt016466
IRS990ScheduleD/RevenueNotReportedAmt0-876284
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt070594
IRS990ScheduleD/RevenueSubtotalAmt02447304
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, 2018 THROUGH 2021 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, 2017 THROUGH 2021 COULD BE SUBJECT TO EXAMINATION BY STATE TAXING AUTHORITIES, GENERALLY FOR FOUR YEARS AFTER THEY ARE FILED.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1BOOK/TAX INVESTMENT INCOME DIFFERENCE 16,466.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2FOREIGN TAX WITHHELD FROM DIVIDENDS 1,527.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0139748
IRS990ScheduleD/TotalExpensesPerForm990Amt02131150
IRS990ScheduleD/TotalLiabilityAmt0294109
IRS990ScheduleD/TotalRevenuePerForm990Amt02517898
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01571020
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02075495
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt01
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt00
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt055224
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0EAST ASIA AND THE PACIFIC
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt0ORGANIZATION OF MEETINGS AND TRANSLATION OF DOCUMENTS.
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt0CONDUCT MONTHLY MEMBER MEETINGS IN ASIA
IRS990ScheduleF/BoycottCountriesInd00
IRS990ScheduleF/ContinuationSpentAmt00
IRS990ScheduleF/ContinuationTotalEmployeeCnt00
IRS990ScheduleF/ContinuationTotalOfficeCnt00
IRS990ScheduleF/ForeignCorpOwnershipInd00
IRS990ScheduleF/ForeignPartnershipInd00
IRS990ScheduleF/InterestInForeignTrustInd00
IRS990ScheduleF/PassiveForeignInvestmestCoInd00
IRS990ScheduleF/SubtotalEmployeesCnt01
IRS990ScheduleF/SubtotalOfficesCnt00
IRS990ScheduleF/SubtotalSpentAmt055224
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc0PART III ACCOUNTING METHOD:
IRS990ScheduleF/TotalEmployeeCnt01
IRS990ScheduleF/TotalOfficeCnt00
IRS990ScheduleF/TotalSpentAmt055224
IRS990ScheduleF/TransferToForeignCorpInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompensationCommitteeInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0232000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
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/TotalCompensationFilingOrgAmt0232000
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/ExplanationTxt4CONFLICTS OF INTEREST ARE DISCUSSED AT BOARD MEETINGS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5EXECUTIVE 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/ExplanationTxt6BYLAWS ARE MADE PUBLIC AT WWW.VESA.ORG. THE ORGANIZATION MAKES OTHER GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO MEMBERS ONLY UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7COMPLIANCE MANAGER: PROGRAM SERVICE EXPENSES 374,980. MANAGEMENT AND GENERAL EXPENSES 71,520. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 446,500. DOCUMENT EDITOR: PROGRAM SERVICE EXPENSES 78,448. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 78,448. VTM CONSULTANT: PROGRAM SERVICE EXPENSES 209,740. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 209,740. JAPAN CONSULTANT: PROGRAM SERVICE EXPENSES 5,021. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 5,021. ASIA EXPENSES: PROGRAM SERVICE EXPENSES 50,203. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 50,203.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8BOOK/TAX INVESTMENT INCOME DIFFERENCE -14,939. ROUNDING -3.
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 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART IX, LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990, PART XI, LINE 9:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt06526877
IRS990/TotalAssetsEOYAmt06408729
IRS990/TotalAssetsGrp/BOYAmt06526877
IRS990/TotalAssetsGrp/EOYAmt06408729
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalContributionsAmt02447083
IRS990/TotalEmployeeCnt02

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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