Form 990 for tax year 2022
Filed by ASSOCIATION OF UNIVERSITY PROFESSORS OF OPHTHALMOLOGY INC.
Totals
- Total revenue
- $3,800,526
- Total expenses
- $3,808,872
- Contributions and grants received
- $446,739
- Grants paid
- $274,870
- Program service revenue
- $3,172,616
- Investment income
- $115,056
- Other revenue
- $66,115
- Total assets, end of year
- $9,474,200
- Total liabilities, end of year
- $733,646
- Net assets or fund balances, end of year
- $8,740,554
- Program services expenses (Part IX)
- $3,208,182
- Management and general expenses
- $600,690
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $3,208,182
Program services were 84.2% 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
$446,739
-
2a · Program service revenue: REGISTRATION - OMP
total $2,444,885 · related or exempt $2,444,885
-
2b · Program service revenue: REGISTRATION
total $325,060 · related or exempt $325,060
-
2c · Program service revenue: MEMBERSHIP DUES
total $214,186 · related or exempt $214,186
-
2d · Program service revenue: APPLICATION FEES
total $128,789 · related or exempt $128,789
-
2e · Program service revenue: SALARY SURVEY-MEMBERS
total $59,696 · related or exempt $59,696
-
3 · Investment income
total $109,113 · excluded $109,113
-
5 · Royalties
total $50,000 · excluded $50,000
-
7a · Gross sales of assets other than inventory
securities $22,880
-
7b · Less cost or other basis and sales expenses
securities $16,937
-
7c · Gain or loss
securities $5,943
-
7d · Net gain or loss
total $5,943 · excluded $5,943
-
11a · Other revenue: MISCELLANEOUS REVENUE
total $13,505 · excluded $13,505
-
11b · Other revenue: MAILING LIST REVENUE
total $2,610 · excluded $2,610
-
11e · Other revenue, total
$16,115
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $80,870 · program services $80,870
-
2 · Grants to domestic individuals
total $194,000 · program services $194,000
-
5 · Compensation of officers, directors and key employees
total $125,000 · program services $75,000 · management and general $50,000
-
11a · Fees: management
total $694,000 · program services $423,686 · management and general $270,314
-
11b · Fees: legal
total $36,546 · program services $12,816 · management and general $23,730
-
11c · Fees: accounting
total $19,082 · management and general $19,082
-
11f · Fees: investment management
total $22,881 · management and general $22,881
-
11g · Fees: other
total $305,226 · program services $295,606 · management and general $9,620
-
13 · Office expenses
total $76,930 · program services $66,510 · management and general $10,420
-
17 · Travel
total $224,244 · program services $201,308 · management and general $22,936
-
19 · Conferences, conventions and meetings
total $594,205 · program services $426,499 · management and general $167,706
-
23 · Insurance
total $6,860 · program services $2,964 · management and general $3,896
-
24a · Other expenses: OPHTHALMOLOGY MATCHING
total $1,416,376 · program services $1,416,376
-
24b · Other expenses: PRINTING/PUBLICATIONS
total $7,694 · program services $7,589 · management and general $105
-
24c · Other expenses: DUES AND SUBSCRIPTIONS
total $4,958 · program services $4,958
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,683,212 · end of year $898,512
-
3 · Pledges and grants receivable
beginning of year $260,000 · end of year $250,000
-
4 · Accounts receivable
beginning of year $2,684,629 · end of year $3,346,888
-
9 · Prepaid expenses and deferred charges
beginning of year $229,686 · end of year $188,238
-
11 · Investments: publicly traded securities
beginning of year $5,202,724 · end of year $4,790,562
-
17 · Accounts payable and accrued expenses
beginning of year $115,857 · end of year $244,164
-
19 · Deferred revenue
beginning of year $391,156 · end of year $489,482
-
27 · Net assets without donor restrictions
beginning of year $8,716,344 · end of year $8,398,141
-
28 · Net assets with donor restrictions
beginning of year $836,894 · end of year $342,413
Mission and programs · 2022
Mission
THE MISSION OF AUPO IS TO SERVE, STRENGTHEN, AND REPRESENT DEPARTMENTS OF OPHTHALMOLOGY; TO PROVIDE SUPPORT, INFORMATION, AND LEADERSHIP OPPORTUNITIES TO DEPARTMENT CHAIRS, PROGRAM DIRECTORS, AND OTHER FACULTY MEMBERS; TO PROMOTE EXCELLENCE IN OPHTHALMIC EDUCATION; TO FOSTER VISION RESEARCH AND TO PROMOTE ETHICAL PRACTICE AND EXCELLENCE IN EYE CARE IN ORDER TO ENSURE THE BEST POSSIBLE VISION FOR THE PUBLIC.
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 $1,416,376 · Revenue $2,444,885
-
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 $514,218 · Revenue $261,815
-
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 $827,216 · Grants $95,500
-
OTHER PROGRAMS SUPPORT ADMINISTRATORS, SALARY SURVEY AND BOARD OF TRUSTEES ACTIVITIES.
Expenses $450,372 · Grants $179,370 · Revenue $465,916
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Steven E Feldon MD MBASTEVEN E FELDON MD MBA
EXECUTIVE VICE PRESIDENT
- Total calculated
- $285,416
- From this org
- $285,416
- From related orgs
- $0
- Other
- $0
- Hours/week
- 20
Schedule J breakdown matched by us
- Base
- $135,416
- Bonus
- $150,000
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $285,416
-
Paul P Lee MD JDPAUL P LEE MD JD
PRESIDENT THRU 3/2022 / PAST PRES.
- Total calculated
- $0
- Hours/week
- 5
-
Joan W Miller MDJOAN W MILLER MD
PRESIDENT START 4/2022
- Total calculated
- $0
- Hours/week
- 5
-
Donald L Budenz MD MPHDONALD L BUDENZ MD MPH
PRESIDENT ELECT START 4/2022
- Total calculated
- $0
- Hours/week
- 2
-
Kathryn Colby MD PhDKATHRYN COLBY MD PHD
TRUSTEE-AT-LARGE
- Total calculated
- $0
- Hours/week
- 1
-
Leslie Jones MDLESLIE JONES MD
TRUSTEE-AT-LARGE START 4/2002
- Total calculated
- $0
- Hours/week
- 1
-
Andreas K Lauer MDANDREAS K LAUER MD
TRUSTEE-AT-LARGE
- Total calculated
- $0
- Hours/week
- 1
-
Naresh Mandava MDNARESH MANDAVA MD
TRUSTEE-AT-LARGE
- Total calculated
- $0
- Hours/week
- 1
-
David A Quillen MDDAVID A QUILLEN MD
PAST PRESIDENT THRU 3/2022
- Total calculated
- $0
- Hours/week
- 1
-
Shlomit Schaal MD PhD MhcmSHLOMIT SCHAAL MD PHD MHCM
TRUSTEE-AT-LARGE START 4/2002
- Total calculated
- $0
- Hours/week
- 1
-
R Michael Siatkowski MD MBAR MICHAEL SIATKOWSKI MD MBA
TRUSTEE-AT-LARGE START 4/2002
- Total calculated
- $0
- Hours/week
- 1
-
James C Tsai MD MBAJAMES C TSAI MD MBA
TRUSTEE-AT-LARGE
- Total calculated
- $0
- Hours/week
- 1
-
Sonal Tuli MD MedSONAL TULI MD MED
TRUSTEE-AT-LARGE
- Total calculated
- $0
- Hours/week
- 1
-
Nicholas J Volpe MDNICHOLAS J VOLPE MD
TRUSTEE-AT-LARGE
- Total calculated
- $0
- Hours/week
- 1
-
Terri Young MD MBATERRI YOUNG MD MBA
TRUSTEE-AT-LARGE
- 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 $279,934 · assets $229,377
Directly controlled by ASSOCIATION OF UNIVERSITY PROFESSORS OPHTHALMOLOGY INC
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 23 August 2023
- IRS schema version
- 2022v5.0
- Source object
- 202322359349300232
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