2011-11-11T14:28:41-06:00 2011-03-31 DELOITTE TAX LLP 225 WEST SANTA CLARA STREET SAN JOSE CA 95113 990 2010-04-01 411336784 AMERICAN ACADEMY OF OPHTHALMOLOGY AMER 4155618500 655 BEACH STREET SAN FRANCISCO CA 94109 JILL BOYETT 4155618500 2011-11-04 1 4087044000 2010 2016-03-07 17:11:31Z DAVID W PARKE II MD 655 BEACH STREET SAN FRANCISCO CA 94109 51739098 0 X WWW.AAO.ORG X 1979 CA AAO IS THE LARGEST NATIONAL MEMBERSHIP ORGANIZATION FOR OPHTHALMOLOGISTS. 20 14 180 825 1515451 100788 3285292 4522765 32041131 32644585 177637 347061 10105762 11277773 45609822 48792184 1643264 3167884 0 0 19541611 20889188 0 0 0 20878217 21860901 42063092 45917973 3546730 2874211 36209644 40382764 22027703 22461490 14181941 17921274 X THE AMERICAN ACADEMY OF OPHTHALMOLOGY IS A MEMBERSHIP ORGANIZATION THAT IS THE LARGEST NATIONAL TRADE ORGANIZATION FOR OPHTHALMOLOGISTS. 0 0 THE AMERICAN ACADEMY OF OPHTHALMOLOGY IS A MEMBERSHIP ORGANIZATION THAT IS THE LARGEST NATIONAL TRADE ORGANIZATION FOR OPHTHALMOLOGISTS. THE ACADEMY DEVELOPS, PRODUCES, PUBLISHES AND DISTRIBUTES A WIDE RANGE OF PRINT AND ELECTRONIC EDUCATIONAL AND SCIENTIFIC MATERIALS IN THE AREAS OF CLINICAL EDUCATION, PRACTICE MANAGEMENT AND PUBLIC INFORMATION. ALTHOUGH MEMBERSHIP IS COMPOSED PRIMARILY OF OPHTHALMOLOGISTS, OTHER PHYSICIANS AND SCIENTISTS CONCERNED WITH CLINICAL AND BASIC SCIENTIFIC DISCIPLINES OF THE EYE AND RELATED STRUCTURES MAY APPLY TO OTHER MEMBERSHIP CATEGORIES.THE EDUCATION MISSION IS ALSO SERVED BY THE ACADEMY'S ANNUAL SCIENTIFIC CONVENTION WHICH IS ATTENDED BY APPROXIMATELY 25,000 MEMBERS AND OTHER PROFESSIONALS INTERESTED IN THE DELIVERY OF HIGH QUALITY PATIENT EYE CARE. IN ADDITION, THE ACADEMY WORKS TO EDUCATE OTHER HEALTH CARE PROVIDERS AND THE PUBLIC ABOUT EYE CARE AND REPRESENTS OPHTHALMOLOGISTS AND THEIR PATIENTS BEFORE THE GOVERNMENT AND OTHER ORGANIZATIONS THAT INFLUENCE THE PROVISION OF EYE CARE. 0 1 0 1 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 1 0 0 0 0 0 0 1 0 1 0 1 0 0 0 1 0 0 0 0 0 1 1 1 0 1 126 0 180 0 1 1 0 0 0 1 1 0 X 20 14 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 CA MN X AMER ACAD OF OPHTHALMOLOGY 4155618500 655 BEACH STREET SAN FRANCISCO CA 94109 DAVID W PARKE II MD 40.00 X X 708637 0 36295 MICHAEL W BRENNAN MD 1.00 X 0 0 0 EDWARD J HOLLAND MD 5.00 X X 20000 0 0 DAVID A DURFEE MD 5.00 X X 25000 0 0 RANDOLPH J JOHNSTON MD 10.00 X X 91000 0 0 GREGORY L SKUTA MD 5.00 X X 25000 0 0 CHRISTIE L MORSE MD 1.00 X 0 0 0 B THOMAS HUTCHINSON MD 1.00 X 0 0 0 HUMPHREY JF TAYLOR 1.00 X 15000 0 0 PAUL B GINSBERG PHD 1.00 X 12000 0 0 JEAN E RAMSEY MD MPH 1.00 X 10000 0 0 ANDREW P SCHACHAT MD 20.00 X X 70888 0 0 KEITH D CARTER MD 1.00 X 0 0 0 PETER J WHITTEDMD JD 1.00 X 0 0 0 CYNTHIA A BRADFORD MD 5.00 X X 20000 0 0 LAURIE GRAY BARBER MD 1.00 X 0 0 0 GEORGE A WILLIAMS MD 1.00 X 0 0 0 RICHARD L ABBOTT MD 10.00 X X 37000 0 0 RUSSELL N VAN GELDER MD PHD 5.00 X 5000 0 0 GEORGE B BARTLEY MD 1.00 X 0 0 0 JONATHAN B RUBENSTEIN MD 1.00 X 8000 0 0 JOHN R STECHSCHULTE MD 1.00 X 0 0 0 PETER J WHITTED MD JD 1.00 X 0 0 0 RUTH D WILLIAMS MD 5.00 X 17500 0 0 JILL A BOYETT 40.00 X 309242 0 35969 CATHERINE G COHEN 40.00 X 244033 0 43307 DEBRA L ROSENCRANCE 40.00 X 216191 0 28246 RICHARD A ZORAB 40.00 X 253479 0 28496 JANE A AGUIRRE 40.00 X 223989 0 38693 SIOBHAN M BUNAES 40.00 X 178322 0 38304 JOSEPH CARR 40.00 X 218930 0 43404 VIRGINIA A CUNNINGHAM 40.00 X 178627 0 25829 ROBERT C PALMER 40.00 X 174097 0 31772 DAVID J NOONAN 40.00 X 50000 0 0 3061935 0 350315 10 0 1 0 HOOD & STRONG LLP 100 FIRST STREET 14TH FLOOR SAN FRANCISCO CA 94105 AUDIT/ACCOUNTING 174350 DORSEY & WHITNEY LLP PO BOX 1680 MINNEAPOLIS MN 554801680 LEGAL COUNSEL 148057 MARIE WEIRICK 59 JEWELL ST SAN RAFAEL CA 94901 PROFESSIONAL CONSULTING 140786 MJ MRVICA ASSOCIATES 2 WEST TAUNTON AVE BERLIN NJ 08009 MAGAZINE ADVERTISING SOLICITING 124874 4 2971363 1551402 4522765 MEMBERSHIP DUES 900099 17050685 17050685 ANNUAL MEETING 900099 14270860 14270860 COURSES, SEMINARS 900099 1323040 1323040 32644585 273129 273129 3600 3600 3600 3600 1724783 1650851 73932 73932 73932 5824048 1296063 4527985 4527985 ROYALTIES 900099 3694391 3694391 ADVERTISING 541800 2174558 1515451 659107 SHIPPING REVENUE 900099 260350 260350 616889 616889 6746188 48792184 37172570 1515451 5581398 3167884 4162814 12654472 1368134 1627321 1076447 226927 192000 1106071 74705 3570453 2014908 701824 185086 1440379 2619608 6974152 30100 893879 324897 SUB/JOURNAL/PRINTING 2285138 MISCELLANEOUS 326746 DUES & SUBSCRIPTIONS 306419 UBI TAX 79025 EXPENSE ALLOCATION -1491416 45917973 4555646 3823729 1666053 1672731 14433733 15940234 1800000 1800000 1262287 1146594 1050621 1618930 7590411 3894259 2988654 3696152 8452650 10684394 36209644 40382764 3613237 4225808 17099849 16707299 1314617 1528383 22027703 22461490 X 13529594 16919124 652347 1002150 14181941 17921274 36209644 40382764 X 2874211 865122 X 0 1 1 X 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 14327763 2795437 2795437 3442355 -646918 PART IV, SUPPLEMENTAL INFORMATION: THE ACADEMY WORKS TO EDUCATE OTHER HEALTH CARE PROVIDERS AND THE PUBLIC ABOUT EYE CARE AND REPRESENTS OPHTHALMOLOGISTS AND THEIR PATIENTS BEFORE THE GOVERNMENT AND OTHER ORGANIZATIONS THAT INFLUENCE THE PROVISION OF EYE CARE. 1183278 203608 979670 6407133 3690651 2716482 3696152 RETIREES HEALTH INSURANCE BENEFITS 1211885 CAPITAL LEASE OBLIGATIONS 316498 1528383 990 PART IV, LINE 11F, FIN48 DISCLOSURE: AAO FOLLOWS FASB ASC TOPIC 740 INCOME TAXES TO ACCOUNT FOR UNCERTAIN TAX POSITIONS. MANAGEMENT HAS CONCLUDED THAT AAO HAS TAKEN NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE ADJUSTMENT TO THE STATEMENT OF POSITION TO COMPLY WITH PROVISIONS OF THIS GUIDANCE. THE YEARS STILL OPEN TO AUDIT FOR THE U.S. FEDERAL JURISDICTION ARE 2006 THROUGH 2009 AND FOR THE CALIFORNIA STATE JURISDICTION 2004 THROUGH 2009. 0 MIDDLE EAST AND NORTH AFRICA 0 0 PROGRAM SERVICE EDUCATION - TRADESHOW 2650 EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICE EDUCATION - TRADESHOWS 36997 EUROPE 0 0 PROGRAM SERVICE EDUCATION - TRADESHOWS 65871 SOUTH AMERICA PROGRAM SERVICE EDUCATION - TRADESHOWS NORTH AMERICA PROGRAM SERVICE EDUCATION - TRADESHOWS EAST ASIA AND THE PACIFIC APPLICATION FEES, DUES, PRODUCT SALES EUROPE APPLICATION FEES, DUES, PRODUCT SALES NORTH AMERICA APPLICATION FEES, DUES, PRODUCT SALES MIDDLE EAST AND NORTH AFRICA APPLICATION FEES, DUES, PRODUCT SALES SOUTH AMERICA APPLICATION FEES, DUES, PRODUCT SALES CENTRAL AMERICA AND THE CARIBBEAN APPLICATION FEES, DUES, PRODUCT SALES SUB-SAHARAN AFRICA APPLICATION FEES, DUES, PRODUCT SALES RUSSIA & THE NEWLY INDEPENDENT STATES APPLICATION FEES, DUES, PRODUCT SALES 0 0 0 105518 0 105518 0 0 0 0 0 0 1 SOUTH CAROLINA SOCIETY OF OPHTHALMOLOGY INC PO BOX 1508 COLUMBIA SC 29202 570966802 501(C)(3) 12500 GENERAL SUPPORT FOUNDATION OF THE AMERICAN ACADEMY OF OPHTHALMOLOGY 655 BEACH STREET SAN FRANCISCO CA 94109 942682387 501(C)(3) 3000000 GENERAL SUPPORT 2 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: GRANT RECIPIENTS ARE REQUIRED TO SUBMIT RESULT REPORTS, WHICH INCLUDE THE USE OF FUNDS. X X X 1 1 X X X X X 0 0 0 DAVID W PARKE II MD 634455 0 62500 0 11682 0 17263 0 19032 0 744932 0 0 0 JILL A BOYETT 283810 0 25000 0 432 0 24996 0 10973 0 345211 0 0 0 CATHERINE G COHEN 227655 0 16000 0 378 0 17194 0 26113 0 287340 0 0 0 DEBRA L ROSENCRANCE 196132 0 19500 0 559 0 15284 0 12962 0 244437 0 0 0 RICHARD A ZORAB 234832 0 18500 0 147 0 17194 0 11302 0 281975 0 0 0 JANE A AGUIRRE 183616 0 18500 0 21873 0 15400 0 23293 0 262682 0 0 0 SIOBHAN M BUNAES 144924 0 18500 0 14898 0 14381 0 23923 0 216626 0 0 0 JOSEPH CARR 202622 0 16000 0 308 0 16057 0 27347 0 262334 0 0 0 VIRGINIA A CUNNINGHAM 171024 0 6000 0 1603 0 18043 0 7786 0 204456 0 0 0 ROBERT C PALMER 168219 0 5500 0 378 0 17905 0 13867 0 205869 0 0 0 PART I, LINE 1A THESE BENEFITS ARE PROVIDED TO THE CEO UNDER TERMS OF HIS CONTRACT AND ARE INCLUDED IN FORM W-2 AS TAXABLE COMPENSATION. DAVID WPARKE MD TO PURCHASE A NEW HOME IN THE BAY AREA X 1800000 1800000 0 1 1 1800000 OMIC LESS THAN A MAJORITY OF OVERLAPPING CURRENT DIRECTORS 199000 ROYALTIES 0 FORM 990, PART VI, SECTION A, LINE 6 THE AMERICAN ACADEMY OF OPHTHALMOLOGY IS A MEMBERSHIP ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 7A THE ACADEMY HAS THE FOLLOWING TYPES OF MEMBERS: ACTIVE FELLOWS, LIFE FELLOWS, HONORARY FELLOWS, INACTIVE FELLOWS, ACTIVE OSTEOPATHIC FELLOWS, LIFE OSTEOPATHIC FELLOWS, INACTIVE OSTEOPATHIC FELLOWS, ACTIVE MEMBERS, INTERNATIONAL MEMBERS, ASSOCIATE MEMBERS, LIFE MEMBERS, LIFE INTERNATIONAL MEMBERS, LIFE ASSOCIATE MEMBERS, MEMBERS IN TRAINING, INTERNATIONAL MEMBERS IN TRAINING, AND INACTIVE MEMBERS. THE ONLY CLASSES OF MEMBERSHIP ENTITLED TO VOTE ON ANY MATTER, OR TO ATTEND ANY ANNUAL OR SPECIAL BUSINESS MEETING OF THE ACADEMY, ARE ACTIVE FELLOWS, ACTIVE OSTEOPATHIC FELLOWS, LIFE FELLOWS, LIFE OSTEOPATHIC FELLOWS, ACTIVE MEMBERS AND LIFE MEMBERS. ONLY ACTIVE FELLOWS, ACTIVE OSTEOPATHIC FELLOWS AND LIFE FELLOWS ARE ELIGIBLE FOR NOMINATION, ELECTION, OR APPOINTMENT AS AN ELECTED OR APPOINTED OFFICER OR AS A TRUSTEE-AT-LARGE OF THE ACADEMY OR AS THE CHAIR OR VICE CHAIR OF THE COUNCIL. FORM 990, PART VI, SECTION A, LINE 7B THE ACADEMY PROVIDES NOTICE OF PROPOSED WORDING OF AMENDMENTS TO THE ARTICLES OF INCORPORATION, BYLAWS, CODE OF ETHICS AND PROCEDURAL RULES, WHICH ARE ENDORSED BY THE BOARD OF TRUSTEES, TO ALL VOTING FELLOWS AND MEMBERS, WHICH ARE REQUIRED TO BE VOTED UPON ACCORDING TO THE BYLAWS. THE RESULTS OF VOTING ARE ANNOUNCED TO THE MEMBERS ON THE ACADEMY'S WEB SITE AND IN THE ACADEMY'S JOURNAL "EYENET." FORM 990, PART VI, SECTION B, LINE 11 THE CHIEF FINANCIAL OFFICER, THE DIRECTOR OF FINANCE AND THE ACCOUNTING MANAGER COMPLETELY REVIEWED THE FORM 990 WITH THE RETURN PREPARERS. THE FORM 990 WAS MAILED AT LEAST ONE WEEK PRIOR TO FILING TO EACH MEMBER OF THE BOARD OF DIRECTORS, WHO WERE INVITED TO ASK QUESTIONS. FORM 990, PART VI, SECTION B, LINE 12C AAO REQUIRES ALL BOARD MEMBERS TO SUBMIT AN ANNUAL CONFLICT OF INTEREST DISCLOSURE DETAILING POTENTIAL CONFLICTS. UPON IDENTIFICATION OF A POTENTIAL CONFLICT OF INTEREST, AAO SEEKS RESOLUTION OF THE CONFLICT THROUGH A VARIETY OF METHODS INCLUDING RECUSAL FROM SPECIFIC DISCUSSIONS, ACTIVITIES OR VOTES, RESIGNATIONS OR BY OTHER MEANS. FORM 990, PART VI, SECTION B, LINE 15 THE AAO COMPENSATION COMMITTEE IS MADE UP OF THE PRESIDENT, PRESIDENT ELECT AND PAST PRESIDENT AND MOST RECENT PAST PRESIDENT NOT CURRENTLY SERVING ON THE BOARD. THE COMMITTEE ANNUALLY REVIEWS THE STIPEND AND CONTRACT PAYMENTS FOR ALL PHYSICIAN POSITIONS AND USES COMPARATIVE DATA FROM OTHER MEDICAL SPECIALTY SOCIETIES IN THEIR ANALYSIS. THE COMMITTEE IS RESPONSIBLE FOR THE INITIAL CONTRACT NEGOTIATION WITH A NEW CEO WITH THE ADVICE AND ASSISTANCE OF A PROFESSIONAL COMPENSATION ANALYST WHO PROVIDES COMPARATIVE DATA AND CONSULTATION. FINALLY, THE COMPENSATION COMMITTEE ANNUALLY REVIEWS THE PERFORMANCE OF THE CEO TO DETERMINE THE ANNUAL PERFORMANCE BONUS- WHICH IS LIMITED TO A MAXIMUM OF 15% OF HIS SALARY PER CONTRACT. FORM 990, PART VI, SECTION C, LINE 19 THE CONFLICT OF INTEREST POLICY, AS WELL AS OTHER POLICY STATEMENTS FOR ACADEMY LEADERS ARE AVAILABLE ON OUR WEB-SITE. CONSOLIDATED AUDITED FINANCIAL STATEMENTS ARE PUBLISHED EVERY FALL IN THE JOURNAL OF OPHTHALMOLOGY AND ARE AVAILABLE TO THE GENERAL PUBLIC UPON REQUEST. THE BYLAWS ARE GIVEN TO ALL 23,000 MEMBERS WHEN THEY JOIN THE ACADEMY BUT ARE NOT MADE AVAILABLE TO THE GENERAL PUBLIC. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 865,122. FOUNDATION OF THE AMERICAN ACADEMY OF OPHTHALMOLOGY 655 BEACH STREET SAN FRANCISCO CA 94109 942682387 SUPPORT CHARITABLE MISSION OF AMERICAN ACADEMY OF OPHTHALMOLOGY CA 501(C)(3) 11, TYPE II N/A 1 AMERICAN ACADEMY OF OPHTHALMOLOGY CHARITABLE EDUCATIONAL & SCIENTIFIC FUND 655 BEACH STREET SAN FRANCISCO CA 94109 411865087 SUPPORT CHARITABLE MISSION OF AMERICAN ACADEMY OF OPHTHALMOLOGY CA 501(C)(3) 11, TYPE II N/A 1 ACADEMY SERVICES INC AND SUBSIDIARY 655 BEACH STREET SAN FRANCISCO CA 94109 942960420 MANAGEMENT CA N/A C 1814619 472950 1.00000 0 1 1 0 0 0 0 0 0 1 0 0 1 1 0 0 0 0 FOUNDATION OF THE AMERICAN ACADEMY OF OPHTHALMOLOGY C 2971363 ACTUAL FOUNDATION OF THE AMERICAN ACADEMY OF OPHTHALMOLOGY B 3000000 ACTUAL FOUNDATION OF THE AMERICAN ACADEMY OF OPHTHALMOLOGY J 1175007 ACTUAL FOUNDATION OF THE AMERICAN ACADEMY OF OPHTHALMOLOGY N 604518 ACTUAL