American Academy Of Ophthalmology Inc in San Francisco, California (CA)

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American Academy Of Ophthalmology Inc
Employer Identification Number (EIN)411336784
Name of OrganizationAmerican Academy Of Ophthalmology Inc
Address655 Beach Street, San Francisco, CA 94109-1342
ActivitiesProfessional association, Research, development and testing
SubsectionBusiness League
Ruling Date05/1981
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period03/2014
Assets$50,000,000 to greater
Income$50,000,000 to greater
Filing Requirement990 (all other) or 990EZ return
Asset Amount$62,674,200
Amount of Income$60,761,509
Form 990 Revenue Amount$58,729,506
National Taxonomy of Exempt Entities (NTEE)Diseases, Disorders, Medical Disciplines: Professional Societies, Associations


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Amount of income in 2014: $60,761,509
American Academy Of Ophthalmology Inc: 

 $60,761,509
Other organizations performing similar types of work: 

 $79,633

Assets in 2014: $62,674,200
American Academy Of Ophthalmology Inc: 

 $62,674,200
Other organizations performing similar types of work: 

 $138,952

Expenses in 2013: $49,525,883
American Academy Of Ophthalmology Inc: 

 $49,525,883
Other organizations performing similar types of work: 

 $56,535

Income to expenses ratio in 2013: 1.2
American Academy Of Ophthalmology Inc: 

 1.2
Other organizations performing similar types of work: 

 1.1

Grants share in income in 2013: 10.5%
This organization: 

 10.5%
Other organizations performing similar types of work: 

 3.6%

Financial snapshot ($)

Revenue for 2013

Assets at the end of 2013

Functional expenses for 2013

Checklist
20122013
Is the organization described in section 501(c)(3) or 4947(a)(1) (other than a private foundation)?No
Is the organization required to complete Schedule B, Schedule of Contributors?Yes
Did the organization engage in direct or indirect political campaign activities on behalf of or in opposition to candidates for public office?No
Did the organization engage in lobbying activities, or have a section 501(h) election in effect during the tax year?No
Is the organization a section 501(c)(4), 501(c)(5), or 501(c)(6) organization that receives membership dues, assessments, or similar amounts as defined in Revenue Procedure 98-19?Yes
Did the organization maintain any donor advised funds or any similar funds or accounts for which donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts?No
Did the organization receive or hold a conservation easement, including easements to preserve open space, the environment, historic land areas, or historic structures?No
Did the organization maintain collections of works of art, historical treasures, or other similar assets?No
Did the organization report an amount for escrow or custodial account liability; serve as a custodian or provide credit counseling, debt management, credit repair, or debt negotiation services?No
Did the organization, directly or through a related organization, hold assets in temporarily restricted endowments, permanent endowments, or quasi-endowments?No
Did the organization report an amount for land, buildings, and equipment?Yes
Did the organization report an amount for investments-other securities that is 5% or more of its total assets?No
Did the organization report an amount for investments-program related that is 5% or more of its total assets?No
Did the organization report an amount for other assets that is 5% or more of its total assets?No
Did the organization report an amount for other liabilities?Yes
Did the organization's separate or consolidated financial statements for the tax year include a footnote that addresses the organization's liability for uncertain tax positions under FIN 48 (ASC 740)?Yes
Did the organization obtain separate, independent audited financial statements for the tax year?No
Was the organization included in consolidated, independent audited financial statements for the tax year?Yes
Is the organization a school described in section 170(b)(1)(A)(ii)?No
Did the organization maintain an office, employees, or agents outside of the United States?No
Did the organization have aggregate revenues or expenses of more than $10,000 from grantmaking, fundraising, business, investment, and program service activities outside the United States, or aggregate foreign investments valued at $100,000 or more?Yes
Did the organization report more than $5,000 of grants or other assistance to or for any foreign organization?No
Did the organization report more than $5,000 of aggregate grants or other assistance to or for foreign individuals?No
Did the organization report a total of more than $15,000 of expenses for professional fundraising services?No
Did the organization report more than $15,000 total of fundraising event gross income and contributions?No
Did the organization report more than $15,000 of gross income from gaming activities?No
Did the organization operate one or more hospital facilities?No
Did the organization attach a copy of its audited financial statements?No
Did the organization report more than $5,000 of grants or other assistance to any domestic organization or domestic government?Yes
Did the organization report more than $5,000 of grants or other assistance to or for domestic individuals?No
Did the organization answer 'Yes' about compensation of the organization's current and former officers, directors, trustees, key employees, and highest compensated employees?Yes
Did the organization have a tax-exempt bond issue with an outstanding principal amount of more than $100,000 as of the last day of the year, that was issued after December 31, 2002?No
Did the organization invest any proceeds of tax-exempt bonds beyond a temporary period exception?No
Did the organization maintain an escrow account other than a refunding escrow at any time during the year to defease any tax-exempt bonds?No
Did the organization act as an 'on behalf of' issuer for bonds outstanding at any time during the year?No
Did the organization engage in an excess benefit transaction with a disqualified person during the year?No
Is the organization aware that it engaged in an excess benefit transaction with a disqualified person in a prior year, and that the transaction has not been reported on any of the organization's prior Forms 990 or 990-EZ?No
Did the organization report any amount for receivables from or payables to any current or former officers, directors, trustees, key employees, highest compensated employees, or disqualified persons?Yes
Did the organization provide a grant or other assistance to an officer, director, trustee, key employee, substantial contributor or employee thereof, a grant selection committee member, or to a 35% controlled entity or family member of any of these persons?No
Was the organization a party to a business transaction with one of the following parties
A current or former officer, director, trustee, or key employee?No
A family member of a current or former officer, director, trustee, or key employee?No
An entity of which a current or former officer, director, trustee, or key employee (or a family member thereof) was an officer, director, trustee, or direct or indirect owner?Yes
Did the organization receive more than $25,000 in non-cash contributions?No
Did the organization receive contributions of art, historical treasures, or other similar assets, or qualified conservation contributions?No
Did the organization liquidate, terminate, or dissolve and cease operations?No
Did the organization sell, exchange, dispose of, or transfer more than 25% of its net assets?No
Did the organization own 100% of an entity disregarded as separate from the organization under Regulations sections 301.7701-2 and 301.7701-3?No
Was the organization related to any tax-exempt or taxable entity?Yes
Did the organization have a controlled entity within the meaning of section 512(b)(13)?Yes
Did the organization make any transfers to an exempt non-charitable related organization?No
Did the organization conduct more than 5% of its activities through an entity that is not a related organization and that is treated as a partnership for federal income tax purposes?No
Statements Regarding Other IRS Filings and Tax Compliance
20122013
The number reported in Box 3 of Form 1096127
The number of Forms W-2G0
Did the organization comply with backup withholding rules for reportable payments to vendors and reportable gaming (gambling) winnings to prize winners?No
The number of employees reported on Form W-3, Transmittal of Wage and Tax Statements, filed for the calendar year ending with or within the year covered by this return0
Did the organization file all required federal employment tax returns?Yes
Did the organization have unrelated business gross income of $1,000 or more during the year?YesYes
Has it filed a Form 990-T for this year?Yes
At any time during the calendar year, did the organization have an interest in, or a signature or other authority over, a financial account in a foreign country (such as a bank account, securities account, or other financial account)?No
Was the organization a party to a prohibited tax shelter transaction at any time during the tax year?No
Did any taxable party notify the organization that it was or is a party to a prohibited tax shelter transaction?No
Did the organization file Form 8886-T?No
Does the organization have annual gross receipts that are normally greater than $100,000, and did the organization solicit any contributions that were not tax deductible as charitable contributions?Yes
Did the organization include with every solicitation an express statement that such contributions or gifts were not tax deductible?Yes
Did the organization receive a payment in excess of $75 made partly as a contribution and partly for goods and services provided to the payor?No
Did the organization notify the donor of the value of the goods or services provided?No
Did the organization sell, exchange, or otherwise dispose of tangible personal property for which it was required to file Form 8282?No
Did the organization receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?No
Did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract?No
If the organization received a contribution of qualified intellectual property, did the organization file Form 8899 as required?No
If the organization received a contribution of cars, boats, airplanes, or other vehicles, did the organization file a Form 1098-C?No
Did a donor advised fund maintained by the sponsoring organization have excess business holdings at any time during the year?No
Did the sponsoring organization make any taxable distributions under section 4966?No
Did the sponsoring organization make a distribution to a donor, donor advisor, or related person?No
Initiation fees and capital contributions$0$0
Gross receipts for public use of club facilities $0$0
Gross income from members or shareholders$0$0
Gross income from other sources$0$0
Is the organization filing Form 990 in lieu of Form 1041?No
The amount of tax-exempt interest received or accrued during the year$0
Is the organization licensed to issue qualified health plans in more than one state?No
The amount of reserves the organization is required to maintain by the states in which the organization is licensed to issue qualified health plans$0
The amount of reserves on hand$0
Did the organization receive any payments for indoor tanning services during the tax year?No
Has it filed a Form 720 to report these payments?No
Compensation of Officers, Directors, Trustees, Key Employees, Highest Compensated Employees, and Independent Contractors
20122013
Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees
Total reportable compensation from the organization$3,491,008
Total reportable compensation from related organizations$0
Total estimated amount of other compensation from the organization and related organizations$364,310
Total number of individuals who received more than $100,000 of reportable compensation from the organization41
Total number of independent contractors who received more than $100,000 of compensation from the organization4
Statement of Revenue
20122013
Total revenue$51,563,108$54,441,213
Contributions, Gifts, Grants and Other Similar Amounts$4,207,073$5,733,824
Program Service Revenue$35,795,880$36,200,459
900099$18,134,668
900099$15,895,352
900099$2,170,439
All other program service revenue$0
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$302,629$409,348
Income from investment of tax-exempt bond proceeds$0$0
Royalties$3,538,974$3,562,442
Net rental income$1,200$0
Net gain/loss from sales of assets other than inventory$54,311$0
Net income/loss from fundraising events$0$0
Net income/loss from gaming activities$0$0
Net income/loss from sales of inventory$4,280,889$4,484,058
Gross sales of inventory, less returns and allowances$5,521,568$5,643,104
Less: cost of goods sold$1,240,679$1,159,046
Miscellaneous Revenue$3,382,152$4,051,082
541800$2,536,279
900099$692,007
900099$565,791
All other revenue$257,005
Statement of Functional Expenses
20122013
Total functional expenses$43,328,844$49,525,883
Grants and other assistance to domestic organizations and domestic governments$3,474,209
Grants and other assistance to domestic individuals$0
Grants and other assistance to foreign organizations, foreign governments, and foreign individuals$0
Benefits paid to or for members$0
Compensation of current officers, directors, trustees, and key employees$3,758,504$2,569,728
Compensation not included above, to disqualified persons$0
Other salaries and wages$13,593,770$15,402,080
Pension plan accruals and contributions$1,320,668
Other employee benefits$1,515,375
Payroll taxes$1,107,845$1,202,453
Fees for services (non-employees)
Management$0
Legal$93,669
Accounting$220,000
Lobbying$0
Professional fundraising services$0$0
Investment management fees$86,178
Other$4,974,631
Advertising and promotion$0
Office expenses$1,853,588
Information technology$551,260
Royalties$207,677
Occupancy$1,521,649
Travel$2,843,380
Payments of travel or entertainment expenses for any federal, state, or local public officials$0
Conferences, conventions, and meetings$9,005,258
Interest$35,453
Payments to affiliates$0
Depreciation, depletion, and amortization$983,007
Insurance$323,417
Other expenses$120,085
Other expenses$2,425,048
Other expenses$364,800
Other expenses$209,592
Other expenses$-1,777,322
Balance Sheet
20122013
Total assets$49,551,425$54,468,902
Cash - non-interest-bearing$8,682,312
Savings and temporary cash investments$1,682,694
Pledges and grants receivable, net$0
Accounts receivable, net$20,835,232
Loans and other receivables from current and former officers, directors, trustees, key employees, and highest compensated employees$1,500,000
Loans and other receivables from other disqualified persons, persons described in section 4958(c)(3)(B), and contributing employers and sponsoring organizations of section 501(c)(9) voluntary employees' beneficiary organizations$0
Notes and loans receivable, net$0
Inventories for sale or use$1,098,499
Prepaid expenses and deferred charges$1,357,895
Land, buildings, and equipment: cost or other basis$2,609,441
Investments - publicly traded securities$16,702,829
Investments - other securities$0
Investments - program-related$0
Intangible assets$0
Other assets$0
Total liabilities$23,145,630$22,055,220
Accounts payable and accrued expenses$5,002,195
Grants payable$0
Deferred revenue$16,363,621
Tax-exempt bond liabilities$0$0
Escrow or custodial account liability$0
Loans and other payables to current and former officers, directors, trustees, key employees, highest compensated employees, and disqualified persons$0
Secured mortgages and notes payable to unrelated third parties$0$0
Unsecured notes and loans payable to unrelated third parties$0$0
Other liabilities (including federal income tax, payables to related third parties, and other liabilities)$689,404
Total net assets or fund balances$26,405,795$32,413,682
Unrestricted net assets$29,914,616
Temporarily restricted net assets$2,499,066
Permanently restricted net assets$0
Capital stock or trust principal, or current funds$0
Paid-in or capital surplus, or land, building, or equipment fund$0
Retained earnings, endowment, accumulated income, or other funds$0$0
Reason for Public Charity Status (for 2013)
The organization is not a private foundation because it is:Not provided
Number of organizations supported0
Sum of amounts of support$0
Revenue, Expenses, and Changes in Net Assets or Fund Balances
20002001200220032004200520062007
Total revenue$32,994,560$33,096,966$33,361,422$36,204,804$39,146,793$41,831,004$46,588,985$46,118,187
Contributions, gifts, grants, and similar amounts received$745,600$1,429,328$1,530,586$1,463,446$2,451,805$2,623,271$4,021,727$3,674,132
Contributions to donor advised funds$0$0
Direct public support$745,600$898,328$1,146,836$963,446$1,630,805$1,661,271$1,170,027$1,232,882
Indirect public support$0$531,000$383,750$500,000$821,000$962,000$2,851,700$2,441,250
Government contributions (grants)$0$0$0$0$0$0$0$0
Program service revenue including government fees and contracts$12,744,174$12,931,263$12,257,021$12,374,944$13,458,048$14,378,120$16,259,623$14,563,182
Membership dues and assessments$13,004,012$13,180,050$13,734,006$13,979,361$14,873,772$15,367,959$16,156,198$15,980,478
Interest on savings and temporary cash investments$180,569$80,388$105,120$15,901$20,815$28,049$222,355$588,050
Dividends and interest from securities$542,776$960,120$857,036$681,641$400,605$311,979$232,733$247,496
Net rental income or (loss)$-720,543$-956,516$726,291$544,700$0$0$0$0
Gross rents$757,705$961,850$726,291$544,700$0$0$0$0
Less: rental expenses$1,478,248$1,918,366$0$0$0$0$0$0
Other investment income$0$0$0$0$0$0$0$0
Gain or (loss) from sales of assets other than inventory$-60,436$-422,197$-1,524,711$92,023$-206,977$216,639$-227,439$423,168
Gross amount from sales of assets other than inventory$17,949,202$17,816,620$2,402,661$10,554,527$6,860,000$5,320,755$7,919,985$423,168
Less: cost or other basis and sales expenses$18,009,638$18,238,817$3,927,372$10,462,504$7,066,977$5,104,116$8,147,424$0
Net income or (loss) from special events and activities$0$0$0$0$0$0$0$0
Gross revenue$0$0$0$0$0$0$0$0
Less: direct expenses other than fundraising expenses$0$0$0$0$0$0$0$0
Gross profit or (loss) from sales of inventory$3,768,634$3,233,388$2,821,509$3,573,516$4,444,208$4,473,941$4,851,761$4,295,884
Gross sales of inventory, less returns and allowances$5,481,455$5,040,598$4,811,224$4,939,039$6,080,683$6,034,038$6,281,253$5,671,977
Less: cost of goods sold$1,712,821$1,807,210$1,989,715$1,365,523$1,636,475$1,560,097$1,429,492$1,376,093
Other revenue$2,789,774$2,661,142$2,854,564$3,479,272$3,704,517$4,431,046$5,072,027$6,345,797
Total expenses$32,598,503$32,402,791$33,174,195$33,428,559$36,736,286$37,939,097$40,673,078$43,371,766
Program services$0$0$0$0$0$0$0$0
Management and general$0$0$0$0$0$0$0$0
Fundraising$0$0$0$0$0$0$0$0
Payments to affiliates$0$0$0$0$0$0$0$0
Net assets or fund balances at end of year$28,441,526$29,368,803$26,253,485$11,132,021$9,064,239$13,692,614$16,541,618$13,673,160
Excess or (deficit) for the year$396,057$694,175$187,227$2,776,245$2,410,507$3,891,907$5,915,907$2,746,421
Net assets or fund balances at beginning of year$30,989,740$28,441,526$29,368,803$26,253,485$11,132,021$9,064,239$13,692,614$16,541,618
Other changes in net assets or fund balances$-2,944,271$233,102$-3,302,545$-17,897,709$-4,478,289$736,468$-3,066,903$-5,614,879
Statement of Functional Expenses (for 2007)
TotalProgram servicesManagement and generalFundraising
Total functional expenses$43,371,766$0$0$0
Grants paid from donor advised funds$0
Other grants and allocations$2,139,376
Specific assistance to individuals$0
Benefits paid to or for members$0
Compensation of current officers, directors, key employees, etc.$1,459,967$0$0$0
Compensation of former officers, directors, key employees, etc.$0$0$0$0
Compensation and other distributions, not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)$0$0$0$0
Salaries and wages of employees not included above$13,365,718$0$0$0
Pension plan contributions not included above$1,173,189$0$0$0
Employee benefits not included above$1,235,315$0$0$0
Payroll taxes$948,704$0$0$0
Professional fundraising fees$0$0$0$0
Accounting fees$170,005$0$0$0
Legal fees$288,253$0$0$0
Supplies$385,686$0$0$0
Telephone$141,566$0$0$0
Postage and shipping$1,322,408$0$0$0
Occupancy$1,414,200$0$0$0
Equipment rental and maintenance$394,637$0$0$0
Printing and publications$2,540,241$0$0$0
Travel$2,784,453$0$0$0
Conferences, conventions, and meetings$8,430,556$0$0$0
Interest$33,737$0$0$0
Depreciation, depletion, etc.$731,160$0$0$0
Other expenses not covered above$4,412,595$0$0$0
Balance Sheets
20002001200220032004200520062007
Total assets$54,507,632$54,228,848$51,459,378$33,228,766$30,357,519$31,789,434$37,915,606$34,788,166
Cash - non-interest-bearing$254,930$274,070$380,234$606,557$270,946$2,946,605$15,092,811$11,266,164
Savings and temporary cash investments$2,257,450$1,678,363$3,137,935$2,472,772$5,192,342$5,379,075$0$0
Accounts receivable less allowance for doubtful accounts$5,376,405$4,824,687$4,166,337$5,143,656$5,173,687$6,070,983$8,027,963$9,612,046
Pledges receivable less allowance for doubtful accounts$0$87,585$0$0$0$0$0$0
Grants receivable$0$0$0$0$0$0$0$0
Receivables from current and former officers, directors, trustees, and key employees$0$0$0$0$0$0$0$0
Receivables from other disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)$0$0
Other notes and loans receivable less allowance for doubtful accounts$0$0$0$0$0$0$0$0
Inventories for sale or use$1,589,476$1,504,177$1,222,499$779,436$744,739$798,321$1,062,440$956,116
Prepaid expenses and deferred charges$910,016$997,838$746,331$1,221,258$1,339,938$1,871,869$1,471,972$1,096,190
Investments - publicly-traded securities$0$9,171,232
Investments - other securities$24,744,316$25,933,295$22,292,479$20,829,449$15,196,170$11,444,159$9,123,189$1,000
Investments - land, buildings, and equipment less accumulated depreciation$0$0$0$0$0$0$0$0
Investments - other$0$0$0$0$0$0$0$0
Land, buildings, and equipment less accumulated depreciation$19,375,039$18,928,833$19,513,563$2,121,723$2,385,902$3,244,747$3,137,231$2,685,418
Other assets, including program-related investments$0$0$0$53,915$53,795$33,675$0$0
Total liabilities$26,066,106$24,860,045$25,205,893$22,096,745$21,293,280$18,096,820$21,373,988$21,115,006
Accounts payable and accrued expenses$3,403,704$2,836,478$3,322,302$10,011,874$8,183,081$3,773,715$4,207,035$4,247,390
Grants payable$0$0$0$0$0$0$0$0
Deferred revenue$11,226,978$11,204,543$11,726,842$12,084,871$13,110,199$14,323,105$16,477,465$16,117,318
Loans from officers, directors, trustees, and key employees$0$0$0$0$0$0$0$0
Tax-exempt bond liabilities$0$0$0$0$0$0$0$0
Mortgages and other notes payable$11,435,424$10,819,024$10,156,749$0$0$0$0$0
Other liabilities$0$0$0$0$0$0$689,488$750,298
Total liabilities and net assets/fund balances$54,507,632$54,228,848$51,459,378$33,228,766$30,357,519$31,789,434$37,915,606$34,788,166
Total net assets or fund balances$28,441,526$29,368,803$26,253,485$11,132,021$9,064,239$13,692,614$16,541,618$13,673,160
Reconciliation of Revenue per Audited Financial Statements With Revenue per Return
20002001200220032004200520062007
Total revenue$32,994,560$33,096,966$33,361,422$36,204,804$39,146,793$41,831,004$46,588,985$46,118,187
Total revenue, gains, and other support per audited financial statements$37,869,827$37,337,088$32,003,402$42,463,434$41,251,075$44,068,733$51,536,000$49,409,000
Other expenses$4,966,995$4,275,097$-1,312,830$6,316,169$2,158,186$2,296,547$5,010,579$3,291,745
Net unrealized gains on investments$-1,969,295$233,102$-3,302,545$4,950,646$521,711$736,450$1,116,650$-614,879
Donated services and use of facilities$0$0$0$0$0$0$0$0
Recoveries of prior year grants$0$0$0$0$0$0$0$0
Other$6,936,290$4,041,995$1,989,715$1,365,523$1,636,475$1,560,097$3,893,929$3,906,624
Other revenue$91,728$34,975$45,190$57,539$53,904$58,818$63,564$932
Investment expenses$91,728$34,975$45,190$57,539$53,904$58,818$63,564$0
Other$0$0$0$0$0$0$0$932
Reconciliation of Expenses per Audited Financial Statements With Expenses per Return
20002001200220032004200520062007
Total expenses$32,598,503$32,402,791$33,174,195$33,428,559$36,736,286$37,939,097$40,673,078$43,371,766
Total expenses and losses per audited financial statements$38,724,612$36,657,912$35,118,720$34,736,543$38,318,857$39,440,376$44,974,000$47,704,000
Other revenue$6,217,837$4,290,096$1,989,715$1,365,523$1,636,475$1,560,097$4,364,570$4,332,761
Donated services and use of facilities$0$0$0$0$0$0$0$0
Prior year adjustments$0$0$0$0$0$0$0$0
Losses$0$0$0$0$0$0$0$0
Other$6,217,837$4,290,096$1,989,715$1,365,523$1,636,475$1,560,097$4,364,570$4,332,761
Other expenses$91,728$34,975$45,190$57,539$53,904$58,818$63,648$527
Investment expenses$91,728$34,975$45,190$57,539$53,904$58,818$63,564$0
Other$0$0$0$0$0$0$84$527
Current Officers, Directors, Trustees, and Key Employees
Average hours per week devoted to positionCompensationContributions to employee benefit plans & deferred compensation plansExpense account and other allowances
10$10,000$0$0
5$26,500$0$0
40$561,879$50,010$13,490
40$248,475$30,513$1,100
5$12,500$0$0
5$15,000$0$0
5$15,000$0$0
5$15,000$0$0
1$9,000$0$0
1$9,000$0$0
1$10,000$0$0
5$5,000$0$0
40$317,028$34,510$11,090
20$64,872$0$0
Total number of officers, directors, and trustees permitted to vote on organization business at board meetings20
Are any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, related to each other through family or business relationships?No
Do any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, receive compensation from any other organizations, whether tax exempt or taxable, that are related to the organization?No
Does the organization have a written conflict of interest policy?Yes
Other Information
Did the organization have unrelated business gross income of $1,000 or more during the year covered by this return, and has it filed a tax return on Form 990-T for this year?Yes
Was there a liquidation, dissolution, termination, or substantial contraction during the year?No
Is the organization related (other than by association with a statewide or nationwide organization) through common membership, governing bodies, trustees, officers, etc., to any other exempt or nonexempt organization?Yes
Direct and indirect political expenditures$0
Did the organization file Form 1120-POL for this year?No
Were substantially all dues nondeductible by members?No
Did the organization make only in-house lobbying expenditures of $2,000 or less?No
Dues, assessments, and similar amounts from members$13,163,867
Section 162(e) lobbying and political expenditures$2,473,858
Aggregate nondeductible amount of section 6033(e)(1)(A) dues notices$2,952,830
Taxable amount of lobbying and political expenditures$-478,972
Does the organization elect to pay the section 6033(e) tax on the amount above?No
If section 6033(e)(1)(A) dues notices were sent, does the organization agree to add the amount above to its reasonable estimate of dues allocable to nondeductible lobbying and political expenditures for the following tax year?No
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
At any time during the year, did the organization, directly or indirectly, own a controlled entity within the meaning of section 512(b)(13)?Yes
Amount of tax imposed on the organization during the year under: section 4911$0
Amount of tax imposed on the organization during the year under: section 4912$0
Amount of tax imposed on the organization during the year under: section 4955$0
Did the organization engage in any section 4958 excess benefit transaction during the year or did it become aware of an excess benefit transaction from a prior year?
Amount of tax imposed on the organization managers or disqualified persons during the year under sections 4912, 4955, and 4958$0
Amount of tax above, reimbursed by the organization$0
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?No
Did the organization acquire a direct or indirect interest in any applicable insurance contract?No
Did the supporting organization, or a fund maintained by a sponsoring organization, have excess business holdings at any time during the year?No
Number of employees employed in the pay period that includes March 12, 2006177
Analysis of Income-Producing Activities (for 2007)
Unrelated business incomeExcluded by section 512, 513, or 514Related or exempt function income
Business codeAmountExclusion codeAmount
Total$1,789,762$5,814,749$34,839,544
Program service revenue
Program service revenue 1000000$000$0$7,190,736
Program service revenue 2000000$000$0$6,430,885
Program service revenue 3000000$000$0$941,561
Program service revenue 4000000$000$0$0
Program service revenue 5000000$000$0$0
Medicare/Medicaid payments000000$000$0$0
Fees and contracts from government agencies000000$000$0$0
Membership dues and assessments000000$000$0$15,980,478
Interest on savings and temporary cash investments000000$0Dividends, interest, payments with respect to securities loans, annuities, income from notional principal contracts, loan commitment fees, and other substantially similar income from ordinary and routine investments excluded by section 512(b)(1)$588,050$0
Dividends and interest from securities000000$0Dividends, interest, payments with respect to securities loans, annuities, income from notional principal contracts, loan commitment fees, and other substantially similar income from ordinary and routine investments excluded by section 512(b)(1)$247,496$0
Net rental income or (loss) from real estate
debt-financed property000000$000$0$0
not debt-financed property000000$000$0$0
Net rental income or (loss) from personal property000000$000$0$0
Other investment income000000$000$0$0
Gain or (loss) from sales of assets other than inventory000000$0Gain (or loss, to the extent allowed) from the sale of investments and other non-inventory property and from certain property acquired from financial institutions that are in conservatorship or receivership (sections 512(b)(5) and 512(b)(16)(A))$423,168$0
Net income or (loss) from special events000000$000$0$0
Gross profit or (loss) from sales of inventory000000$000$0$4,295,884
Other revenueAdvertising and related services$1,789,762Royalty income excluded by section 512(b)(2)$4,556,035$0
Information Regarding Taxable Subsidiaries and Disregarded Entities (for 2007)
EIN of corporation, partnership, or disregarded entityPercentage of ownership interestTotal incomeEnd-of-year assets
942960420100%$0$0
0000000000%$0$0
0000000000%$0$0
0000000000%$0$0
Compensation of the Five Highest Paid Employees Other Than Officers, Directors, and Trustees (for 2007)
CompensationContributions to employee benefit plans & deferred compensationExpense account and other allowances
$0$0$0
$0$0$0
$0$0$0
$0$0$0
$0$0$0
Total number of other employees paid over $50,0000
Statements About Activities (for 2007)
Expenses paid or incurred in connection with the lobbying activities$0
Did the organization receive or hold an easement for conservation purposes, including easements to preserve open space, the environment, historic land areas or historic structures?
Did the organization provide credit counseling, debt management, credit repair, or debt negotiation services?
Did the organization maintain any donor advised funds?
Did the organization make any taxable distributions under section 4966?
Did the organization make a distribution to a donor, donor advisor, or related person?
The total number of donor advised funds owned at the end of the tax year$0
The aggregate value of assets held in all donor advised funds owned at the end of the tax year$0
The total number of separate funds or accounts owned at the end of the tax year (excluding donor advised funds included above) where donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts$0
The aggregate value of assets held in all funds or accounts included above at the end of the tax year$0
Reason for Non-Private Foundation Status
The organization is not a private foundation because it is
Support Schedule
19992000200120022003200420052006
Total$0$0$0$0$0$0$0$0
Gifts, grants, and contributions received$0$0$0$0$0$0$0$0
Membership fees received$0$0$0$0$0$0$0$0
Gross receipts from admissions, merchandise sold or services performed, or furnishing of facilities in any activity that is related to the organization's charitable, etc., purpose$0$0$0$0$0$0$0$0
Gross income from interest, dividends, amounts received from payments on securities loans (section 512(a)(5)), rents, royalties, and unrelated business taxable income (less section 511 taxes) from businesses acquired by the organization after June 30, 1975$0$0$0$0$0$0$0$0
Net income from unrelated business activities not included above$0$0$0$0$0$0$0$0
Tax revenues levied for the organization's benefit and either paid to it or expended on its behalf$0$0$0$0$0$0$0$0
The value of services or facilities furnished to the organization by a governmental unit without charge. Do not include the value of services or facilities generally furnished to the public without charge$0$0$0$0$0$0$0$0
Other income$0$0$0$0$0$0$0$0
Lobbying Expenditures by Electing Public Charities (for 2007)
Total exempt purpose expenditures$0
Total lobbying expenditures$0
Total lobbying expenditures to influence public opinion (grassroots lobbying)$0
Total lobbying expenditures to influence a legislative body (direct lobbying)$0
Other exempt purpose expenditures$0
Lobbying nontaxable amount$0
Grassroots nontaxable amount$0
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1American Academy Of Ophthalmology Inc655 Beach Street, San Francisco, CA 94109-1342CA1981-05$60,761,509
2American Association For Respiratory Care9425 N Macarthur Blvd Ste 100, Irving, TX 75063-4725TX1970-12$17,801,751
3American Society Of Cataract & Refractive Surgery4000 Legato Rd Ste 700, Fairfax, VA 22033-4055VA1984-06$15,277,908
4American Board Of Dermatology Inc1 Ford Pl, Detroit, MI 48202-3450MI1945-05$2,723,319
5Western Section American Urological Association Inc1950 Old Tustin Ave, Santa Ana, CA 92705-7812CA1962-11$1,164,196
6South Central Section Of The American Urological Assoc Inc, South Central Section1100 E Woodfield Rd, Schaumburg, IL 60173-5116IL1961-04$649,925
7Intl Scty For Cardiovascular Surgery North American ChapterBeverly, MA 01915MA$592,890
8Wyoming Optometric AssociationPO BOX 1967, Cheyenne, WY 82003-1967WY1972-02$264,615
9American Board Of Hair Restoration Surgery8840 Calumet Ave Ste 205, Munster, IN 46321-2546IN1998-01$144,811
10Massachusetts Society Of Otolaryngology Head And Neck Surge500 Congress St Ste 28, Quincy, MA 02169-0908MA1992-07$71,430
11Indiana Academy Of Dermatology Inc322 Canal Walk, Indianapolis, IN 46202-3252IN1995-12$31,319
12Nebraska Society Respiratory Care824 Flannery Ave, Cambridge, NE 69022-3518NE1971-07$29,997
13Chicago Cardiology GroupC/O Paul Didzerkis610 Roosevelt Rd, Wheaton, IL 60187IL1991-06$29,245
14Cardiovascular And Metabolic Healthfoundation Inc100 Walnut Ave Ste 103, Clark, NJ 07066-1256NJ2006-08$1,871,186
15Endometriosis Assoc Inc8585 N 76th Pl, Milwaukee, WI 53223-2633WI1983-02$453,776
16Peripheral Vascular Surgery Society11100 Euclid Ave, Cleveland, OH 44106-1716OH2001-05$303,962
17Intl Society Of Cardiovascular Disease Epidemiology & Prevention1300 South Second Street, Minneapolis, MN 55454-1075MN1999-11$122,060
18Council For Refractive Surgery Quality Assurance8543 Everglade Dr, Sacramento, CA 95826-3616CA2002-06$88,478
19Armenian International Ophthalmic Association4601 Charmion Ln, Encino, CA 91316CA2001-01$79,633
20California Society For Cardiac Rehabilitation24331 Las Naranjas Dr, Laguna Niguel, CA 92677CA2007-01$43,407
Number of organizations performing similar types of work
Arizona1
California6
District of Columbia1
Florida1
Georgia2
Hawaii1
Illinois3
Indiana2
Kansas1
Louisiana2
Massachusetts2
Michigan3
Minnesota1
North Carolina1
Nebraska1
New Jersey2
New York2
Ohio1
Texas5
Virginia1
Wisconsin2
Wyoming1
Total42

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