2025-11-11T10:23:57-06:00 2024-12-31 770051130 ABBOTT STRINGHAM & LYNCH 1901 S BASCOM AVE STE 105 CAMPBELL CA 95008 990 2024-01-01 770212238 VIDEO ELECTRONICS STANDARDS ASSOCIATION VIDE 5036190279 CO VTM GROUP 3855 SW 153RD DRIVE BEAVERTON OR 97003 WILLIAM LEMPESIS EXECUTIVE DIRECTOR 5036190279 2025-11-10 1 1 SHEBA B DALANEY P00351252 4083778700 2025-11-10 2024 2025-03-06 01:10:19Z WILLIAM LEMPESIS C/O VTM GROUP 3855 SW 153RD DRIVE BEAVERTON OR 97003 8134466 0 X WWW.VESA.ORG X 1989 CA 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. 7 7 2 70 0 0 2547500 2535000 0 0 175653 1121003 10719 15750 2733872 3671753 0 0 0 0 390281 374737 0 0 0 1851508 1998581 2241789 2373318 492083 1298435 7177654 7967659 1643164 1747199 5534490 6220460 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. 0 0 1955489 DEVELOPMENT AND ENHANCEMENT OF IMPROVED COMPUTER GRAPHICS STANDARDS THROUGH MEETINGS AND CONFERENCES AMONG MEMBERS. VESA HOLDS 2-3 COMPLIANCE WORKSHOPS EACH YEAR TO PROVIDE MEMBERS WITH THE LATEST UPDATES TO THE VESA STANDARDS AND SPECIFICATIONS, AS WELL AS THE VESA COMPLIANCE PROGRAM AND REQUIREMENTS, VESA HOLDS 2 PLUGTEST EVENTS EACH YEAR TO ALLOW MEMEBERS THE OPPORTUNITY TO TEST THE INTEROPERABILITY OF THEIR PRODUCTS. 1955489 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 14 0 1 2 1 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X VTM 5036190279 3855 SW 153RD DRIVE BEAVERTON OR 97003 ALAN KOBAYASHI CHAIRMAN 1.00 X X 0 0 0 SYED ATHAR HUSSAIN VICE-CHAIRMAN 1.00 X X 0 0 0 DO KYUN KIM BOARD MEMBER 1.00 X 0 0 0 JAMES GOEL BOARD MEMBER 1.00 X 0 0 0 GREG STATEN SECRETARY/TREASURER 1.00 X X 0 0 0 NAUSHEEN ANSARI BOARD MEMBER 1.00 X 0 0 0 MARTIN HSU BOARD MEMBER 1.00 X 0 0 0 WILLIAM LEMPESIS EXECUTIVE DIRECTOR 40.00 X 300000 0 0 300000 0 0 1 0 1 0 VTM INC 3855 SW 153RD DR BEAVERTON OR 97003 COMPLIANCE SERVICES, MEMBERSHIP & FINANC 425105 INCLINE COMPLIANCE ENGINEERING 311 CRYSTAL HILLS BLVD MANITOU SPRINGS CO 80829 COMPLIANCE PROGRAM MANAGER 165000 OPEN SKY COMMUNICATIONS LLC 5758 GEARY BOULEVARD 238 SAN FRANCISCO CA 94121 MARKETING 142500 BTA DESIGN SERVICES INC 51 CECIL WALDEN RIDGE KANATA ONTARIO CA SOFTWARE DESIGN SERVICES 107720 KELLEN MANAGEMENT AND CONSULTING PLACE TOWER 2 JIANGUO ROAD BEJING CH EVENT SERVICES 103936 5 2535000 2535000 213293 213293 15750 15750 5370423 4462713 907710 907710 907710 3671753 0 0 1136753 X 300000 225000 75000 43159 43159 12078 9438 2640 19500 15238 4262 6309 6309 50500 50500 52861 52861 865266 793746 71520 229823 229823 38331 38331 47438 47438 77074 77074 62019 48464 13555 22941 22941 TRADE SHOWS 536874 536874 BANK CHARGES 8644 8644 TAXES AND FEES 501 501 2373318 1955489 417829 0 710237 183089 1076608 60 880 72684 137512 375988 248904 121711 127084 5116403 7228712 83326 80011 206996 7177654 7967659 204885 290358 1174448 1251198 263831 205643 1643164 1747199 X 5534490 6220460 5534490 6220460 7177654 7967659 X 1298435 -612457 -8 X 0 1 X 1 0 375988 248904 127084 127084 PREPAID MEMBERSHIP DUES 200063 CURRENT PORTION LEASE PAYABLE 5580 205643 X 3005954 -612457 -612457 3618411 52861 481 53342 3671753 2319975 0 2319975 52861 482 53343 2373318 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, 2021 THROUGH 2024 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, 2020 THROUGH 2024 COULD BE SUBJECT TO EXAMINATION BY STATE TAXING AUTHORITIES, GENERALLY FOR FOUR YEARS AFTER THEY ARE FILED. PART XI, LINE 4B - OTHER ADJUSTMENTS: FOREIGN TAX WITHHELD FROM DIVIDENDS 481. PART XII, LINE 4B - OTHER ADJUSTMENTS: FOREIGN TAX WITHHELD FROM DIVIDENDS 481. ROUNDING 1. EAST ASIA AND THE PACIFIC 0 1 CONDUCT MONTHLY MEMBER MEETINGS IN ASIA ORGANIZATION OF MEETINGS AND TRANSLATION OF DOCUMENTS. 95263 0 1 0 0 0 1 95263 0 95263 0 0 0 0 0 0 X X X 0 0 0 WILLIAM LEMPESIS EXECUTIVE DIRECTOR 300000 0 0 0 0 0 0 0 0 0 300000 0 0 0 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 UNLESS AN ANNUAL OR SPECIAL MEMBER MEETING FOR THE ELECTION OF DIRECTORS IS CALLED, DIRECTORS SHALL BE ELECTED BY WRITTEN BALLOT WITHOUT A MEETING. 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. FORM 990, PART IX, LINE 11G COMPLIANCE MANAGER: PROGRAM SERVICE EXPENSES 449,092. MANAGEMENT AND GENERAL EXPENSES 71,520. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 520,612. DOCUMENT EDITOR: PROGRAM SERVICE EXPENSES 30,596. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 30,596. VTM CONSULTANT: PROGRAM SERVICE EXPENSES 218,795. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 218,795. ASIA EXPENSES: PROGRAM SERVICE EXPENSES 95,263. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 95,263. FORM 990, PART XI, LINE 9: ROUNDING -8.