Video Electronics Standards Association

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 770212238 ✦ Beaverton, OR ✦ Designated as a 501(c)(6)

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Overview

What is Video Electronics Standards Association?

The Video Electronics Standards Association (VESA) is a nonprofit organization situated in Beaverton, Oregon. Its primary focus is on fostering advancements in computer graphics standards, achieving this goal through collaborative meetings and conferences among its members. VESA's mission is to establish, promote, and uphold an ecosystem of reliable vendors and interoperable certified products within the electronics industry. With a modest team of two dedicated individuals, VESA plays a pivotal role in shaping the future of the electronics sector by establishing industry-wide standards.


Official website here: www.vesa.org

Is Video Electronics Standards Association legitimate?

Video Electronics Standards Association is a legitimate nonprofit organization registered as a 501(c)(6) entity. Video Electronics Standards Association submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $232,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $43,151

For more financial information, click here


Official website here: www.vesa.org

What is the mission statement of Video Electronics Standards Association?

The Video Electronics Standards Association (VESA) is dedicated to achieving its mission of developing, promoting, and supporting an ecosystem of compatible electronic products within the industry. By organizing meetings and conferences among its members, VESA works to enhance computer graphics standards. Its primary goal is to create a network of interoperable products, thereby fostering a harmonious and efficient electronics industry.


Official website here: www.vesa.org

Who is the CEO of Video Electronics Standards Association?

William Lempesis is the Chairman of Video Electronics Standards Association.


Official website here: www.vesa.org

What is the revenue of Video Electronics Standards Association?

Video Electronics Standards Association's revenue in 2022 was $2,517,898.


Official website here: www.vesa.org

Who are the executives of Video Electronics Standards Association and what are their salaries?

The average compensation at Video Electronics Standards Association during 2022 was $137,576. There are 2 employees and 30 volunteers at Video Electronics Standards Association.


Here are 8 key members and their salaries:


Alan Kobayashi (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Craig Wiley (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Syed Athar Hussain (Vice-Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pablo Ortega (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Do Kyun Kim (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Zach Hamm (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Goel (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Lempesis (Executive Director)
  • Compensation: $232,000
  • Related: $0
  • Other: $0


Official website here: www.vesa.org

Where can I find the form 990 for Video Electronics Standards Association?

Video Electronics Standards Association's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.vesa.org

Learn more at the official website: www.vesa.org

Mission Statement of Video Electronics Standards Association

The Video Electronics Standards Association, or VESA, is dedicated to a mission that involves developing, promoting, and supporting an ecosystem of vendors and their interoperable, certified products within the electronics industry. In simpler terms, VESA aims to foster a collaborative environment where various vendors can work together, ensuring their products are compatible and can function seamlessly. This mission is crucial in driving innovation and growth within the electronics sector.

Furthermore, VESA plays a significant role in the improvement and enhancement of computer graphics standards. They achieve this through organized meetings and conferences among their members. This commitment to advancements in computer graphics standards can lead to better visual experiences and more sophisticated electronic devices. By focusing on these areas, VESA contributes to the overall development and progress of the electronics industry.

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Impact




October, 2024

The Video Electronics Standards Association (VESA) plays a crucial role in shaping the landscape of technology through the development and enhancement of computer graphics standards. By facilitating collaboration among industry stakeholders, VESA fosters a unified ecosystem that encourages the creation of interoperable products. This interoperability not only streamlines the production process for manufacturers but also enhances the consumer experience by ensuring compatibility across various devices.

Through meetings and conferences, VESA actively engages its members to address the evolving needs of the electronics industry. This collaborative approach promotes innovation, drives standardization, and supports advancements in visual technologies that are vital to modern computing and digital displays. As a result, VESA's influence extends beyond individual products to impact the broader market, enhancing the overall quality and performance of electronic devices in an increasingly interconnected world.




This information is meant to be a general summary of Video Electronics Standards Association. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$2,517,898 (2022)
Expenses
$2,131,150 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $63,815
  • Gross Receipts: $3,756,360

Assets and Liabilities:

  • Total Assets: $6,408,729
  • Total Liabilities: $1,822,200
  • Net Assets: $4,586,529

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Organization Details

Founding Year

1989

Principal Officer

William Lempesis

Main Address

CO VTM GROUP 3855 SW 153RD DRIVE, BEAVERTON, OR, 97003

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