Form 990 for tax year 2024
Filed by ASSOCIATION OF UNIVERSITY PROFESSORS OF OPHTHALMOLOGY INC.
Totals
- Total revenue
- $4,658,216
- Total expenses
- $4,450,858
- Contributions and grants received
- $665,860
- Grants paid
- $241,320
- Program service revenue
- $3,758,969
- Investment income
- $172,406
- Other revenue
- $60,981
- Total assets, end of year
- $11,151,333
- Total liabilities, end of year
- $914,398
- Net assets or fund balances, end of year
- $10,236,935
- Program services expenses (Part IX)
- $3,803,420
- Management and general expenses
- $647,438
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $3,803,420
Program services were 85.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$665,860
-
2a · Program service revenue: REGISTRATION - OMP
total $2,649,875 · related or exempt $2,649,875
-
2b · Program service revenue: REGISTRATION
total $542,575 · related or exempt $542,575
-
2c · Program service revenue: MEMBERSHIP DUES
total $232,207 · related or exempt $232,207
-
2d · Program service revenue: APPLICATION FEES
total $155,230 · related or exempt $155,230
-
2e · Program service revenue: ANNUAL DEPARTMENT FEES
total $123,000 · related or exempt $123,000
-
2f · All other program service revenue
total $56,082 · related or exempt $56,082
-
3 · Investment income
total $172,406 · excluded $172,406
-
5 · Royalties
total $60,000 · excluded $60,000
-
11a · Other revenue: MAILING LIST REVENUE
total $981 · excluded $981
-
11e · Other revenue, total
$981
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $82,870 · program services $82,870
-
2 · Grants to domestic individuals
total $158,450 · program services $158,450
-
5 · Compensation of officers, directors and key employees
total $187,500 · program services $187,500
-
11a · Fees: management
total $704,211 · program services $336,526 · management and general $367,685
-
11b · Fees: legal
total $74,570 · program services $8,166 · management and general $66,404
-
11c · Fees: accounting
total $30,846 · management and general $30,846
-
11f · Fees: investment management
total $25,096 · management and general $25,096
-
11g · Fees: other
total $372,731 · program services $339,752 · management and general $32,979
-
13 · Office expenses
total $86,632 · program services $71,544 · management and general $15,088
-
17 · Travel
total $140,972 · program services $120,739 · management and general $20,233
-
19 · Conferences, conventions and meetings
total $666,442 · program services $583,903 · management and general $82,539
-
23 · Insurance
total $9,938 · program services $3,370 · management and general $6,568
-
24a · Other expenses: OPHTHALMOLOGY MATCHING
total $1,901,360 · program services $1,901,360
-
24b · Other expenses: DUES AND SUBSCRIPTIONS
total $5,840 · program services $5,840
-
24c · Other expenses: EQUIPMENT RENTAL
total $3,400 · program services $3,400
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $566,764 · end of year $659,535
-
3 · Pledges and grants receivable
beginning of year $350,000 · end of year $25,000
-
4 · Accounts receivable
beginning of year $4,190,848 · end of year $4,541,353
-
9 · Prepaid expenses and deferred charges
beginning of year $63,201 · end of year $119,178
-
11 · Investments: publicly traded securities
beginning of year $5,237,357 · end of year $5,806,267
-
17 · Accounts payable and accrued expenses
beginning of year $162,488 · end of year $278,735
-
19 · Deferred revenue
beginning of year $587,705 · end of year $635,663
-
27 · Net assets without donor restrictions
beginning of year $9,199,236 · end of year $9,960,190
-
28 · Net assets with donor restrictions
beginning of year $458,741 · end of year $276,745
Mission and programs · 2024
Mission
AUPO CHAMPIONS AN ACADEMIC OPHTHALMOLOGY COMMUNITY TO PROMOTE AND ADVOCATE FOR EXCELLENCE AND EQUITY IN OPHTHALMIC EDUCATION, PROFESSIONAL DEVELOPMENT, RESEARCH, AND CLINICAL CARE.
Activities or mission (Part I)
PROMOTE & REPRESENT ACADEMIC OPHTHALMOLOGY IN ITS MISSIONS OF RESEARCH, EDUCATION & PATIENT CARE.
-
OPHTHALMOLOGY MATCHING PROGRAM: OMP MATCHES OPHTHALMIC RESIDENCY CANDIDATES TO RESIDENCY TRAINING PROGRAMS IN THE UNITED STATES.
Expenses $1,901,360 · Revenue $2,649,875
-
ANNUAL MEETING: THE AUPO ANNUAL MEETING IS HELD EVERY WINTER. THE EDUCATIONAL MEETING ADDRESSES TRENDS AND TOPICS OF WHICH ACADEMIC DEPARTMENTS SHOULD BE AWARE: CHALLENGES AND OPPORTUNITIES IN FACULTY DEVELOPMENT, OPHTHALMOLOGY TEACHING AND ASSESSMENT, THE EDUCATION AND RESEARCH TRAINING OF MEDICAL STUDENTS, AND THE ROLE OF OPHTHALMOLOGY DEPARTMENTS IN THEIR TRAINING.
Expenses $670,192 · Revenue $446,325
-
RESIDENT SURGICAL EDUCATION: THE RESIDENT SURGICAL EDUCATION PROGRAM'S GOAL IS TO ENSURE OPHTHALMOLOGY RESIDENCY PROGRAM GRADUATES HAVE A COMMON CORE LEVEL OF SURGICAL SKILL COMPETENCY.
Expenses $631,692
-
OTHER PROGRAMS SUPPORT ADMINISTRATORS, MEMBERSHIP DUES ADMINISTRATION, SALARY SURVEYS, AND BOARD OF TRUSTEES ACTIVITIES.
Expenses $600,176 · Grants $241,320 · Revenue $662,769
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
STEVEN E FELDON MD MBA
EXECUTIVE VICE PRESIDENT
- Total calculated
- $212,500
- From this org
- $212,500
- From related orgs
- $0
- Other
- $0
- Hours/week
- 20
Schedule J breakdown matched by us
- Base
- $212,500
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $212,500
-
DONALD L BUDENZ MD MPH
PRESIDENT THRU 3/2024 / PAST PRES.
- Total calculated
- $0
- Hours/week
- 5
-
NICHOLAS J VOLPE MD
PRESIDENT START 4/2024
- Total calculated
- $0
- Hours/week
- 5
-
TERRI YOUNG MD MBA
PRESIDENT-ELECT START 4/2024
- Total calculated
- $0
- Hours/week
- 2
-
SOPHIE J BAKRI MD
TRUSTEE-AT-LARGE
- Total calculated
- $0
- Hours/week
- 1
-
RV PAUL CHAN MD MBA
TRUSTEE-AT-LARGE
- Total calculated
- $0
- Hours/week
- 1
-
KATHRYN A COLBY MD PHD
TRUSTEE-AT-LARGE THROUGH 3/2024
- Total calculated
- $0
- Hours/week
- 1
-
KIMBERLY CROWDER MD
TRUSTEE-AT-LARGE START 4/2024
- Total calculated
- $0
- Hours/week
- 1
-
JACQUE DUNCAN MD
TRUSTEE-AT-LARGE START 4/2024
- Total calculated
- $0
- Hours/week
- 1
-
BENNIE JENG MD MS
TRUSTEE-AT-LARGE START 4/2024
- Total calculated
- $0
- Hours/week
- 1
-
LESLIE JONES MD
TRUSTEE-AT-LARGE
- Total calculated
- $0
- Hours/week
- 1
-
ANDREAS K LAUER MD
TRUSTEE-AT-LARGE THROUGH 3/2024
- Total calculated
- $0
- Hours/week
- 1
-
JOAN W MILLER MD
PAST PRESIDENT THROUGH 3/2024
- Total calculated
- $0
- Hours/week
- 1
-
SAYOKO E MOROI MD PHD
TRUSTEE-AT-LARGE
- Total calculated
- $0
- Hours/week
- 1
-
R MICHAEL SIATKOWSKI MD MBA
TRUSTEE-AT-LARGE
- Total calculated
- $0
- Hours/week
- 1
-
TIM STOUT MD PHD MBA
TRUSTEE-AT-LARGE
- Total calculated
- $0
- Hours/week
- 1
-
JAMES C TSAI MD MBA
TRUSTEE-AT-LARGE THROUGH 3/2024
- Total calculated
- $0
- Hours/week
- 1
-
SONAL TULI MD MED
TRUSTEE-AT-LARGE THROUGH 3/2024
- Total calculated
- $0
- Hours/week
- 1
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
None.
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
-
EDUCATION
-
MEMBERSHIP CONTRIBUTION
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Disregarded entities
Part I: entities that legally are the filer and file no return of their own.
-
AUPO FELLOWSHIP COMPLIANCE COMMITTEE LLC
ESTABLISH UNIFORM TRAINING/EDUC. STANDARDS FOR OPHTHALMOLOGY · DE · income $345,450 · assets $0
Directly controlled by ASSOCIATION OF UNIVERSITY PROFESSORS OPHTHALMOLOGY INC
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 20 August 2025
- IRS schema version
- 2024v5.2
- Source object
- 202522329349301822
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