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← ASSOCIATION OF UNIVERSITY PROFESSORS OF OPHTHALMOLOGY INC

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 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 JD

    PRESIDENT THRU 3/2022 / PAST PRES.

    Total calculated
    $0
    Hours/week
    5
  • Joan W Miller MD

    PRESIDENT START 4/2022

    Total calculated
    $0
    Hours/week
    5
  • Donald L Budenz MD MPH

    PRESIDENT ELECT START 4/2022

    Total calculated
    $0
    Hours/week
    2
  • Kathryn Colby MD PhD

    TRUSTEE-AT-LARGE

    Total calculated
    $0
    Hours/week
    1
  • Leslie Jones MD

    TRUSTEE-AT-LARGE START 4/2002

    Total calculated
    $0
    Hours/week
    1
  • Andreas K Lauer MD

    TRUSTEE-AT-LARGE

    Total calculated
    $0
    Hours/week
    1
  • Naresh Mandava MD

    TRUSTEE-AT-LARGE

    Total calculated
    $0
    Hours/week
    1
  • David A Quillen MD

    PAST PRESIDENT THRU 3/2022

    Total calculated
    $0
    Hours/week
    1
  • Shlomit Schaal MD PhD Mhcm

    TRUSTEE-AT-LARGE START 4/2002

    Total calculated
    $0
    Hours/week
    1
  • R Michael Siatkowski MD MBA

    TRUSTEE-AT-LARGE START 4/2002

    Total calculated
    $0
    Hours/week
    1
  • James C Tsai MD MBA

    TRUSTEE-AT-LARGE

    Total calculated
    $0
    Hours/week
    1
  • Sonal Tuli MD Med

    TRUSTEE-AT-LARGE

    Total calculated
    $0
    Hours/week
    1
  • Nicholas J Volpe MD

    TRUSTEE-AT-LARGE

    Total calculated
    $0
    Hours/week
    1
  • Terri 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

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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