2025-02-18T11:24:08-06:00 2024-03-31 910189318 MOSS ADAMS LLP 101 SECOND STREET SUITE 900 SAN FRANCISCO CA 94105 990 2023-04-01 411336784 AMERICAN ACADEMY OF OPHTHALMOLOGY INC AMER 4155618500 655 BEACH STREET SAN FRANCISCO CA 94109 LAWRENCE MENDENHALL COO, CFO, & CLRO 4155618500 2025-02-11 1 0 MICHAEL LUMSDEN P01262236 4159561500 2025-02-11 2023 2025-03-06 01:10:19Z STEPHEN D MCLEOD MD 655 BEACH STREET SAN FRANCISCO CA 94109 71258416 0 X WWW.AAO.ORG X 1979 MN AAO IS THE LARGEST NATIONAL MEMBERSHIP ORGANIZATION FOR OPHTHALMOLOGISTS. 23 14 190 4000 7198317 3963343 13305554 12703854 39131919 40529412 819922 1313033 12116466 12273173 65373861 66819472 2352815 1719322 0 0 29183315 31380454 0 0 0 26092647 27492105 57628777 60591881 7745084 6227591 132965118 140947093 31856436 27984190 101108682 112962903 X THE MISSION OF THE AMERICAN ACADEMY OF OPHTHALMOLOGY IS TO PROTECT SIGHT AND EMPOWER LIVES BY SERVING AS AN ADVOCATE FOR PATIENTS AND THE PUBLIC, LEADING OPHTHALMIC EDUCATION, SUPPORTING RESEARCH, AND ADVANCING THE PROFESSION OF OPHTHALMOLOGY. 0 0 THE AMERICAN ACADEMY OF OPHTHALMOLOGY, WITH A GLOBAL COMMUNITY OF 32,000, IS THE LARGEST TRADE ORGANIZATION IN THE WORLD FOR OPHTHALMOLOGISTS. WE ARE EYE PHYSICIANS AND SURGEONS, DEDICATED TO PROTECTING SIGHT AND EMPOWERING LIVES. AS THE LEADER IN OPHTHALMIC EDUCATION, THE ACADEMY OFFERS A WEALTH OF MATERIALS TO SUPPORT OUR PHYSICIANS IN EVERY ASPECT OF PRACTICE - INCLUDING THE ONLINE OPHTHALMIC NEWS AND EDUCATION (ONE) NETWORK, PRACTICE MANAGEMENT TOOLS, THE INNOVATIVE IRIS REGISTRY (INTELLIGENT RESEARCH IN SIGHT), AND EYE HEALTH RESOURCES FOR PATIENTS AND THE PUBLIC. WE PRODUCE THE LARGEST ANNUAL OPHTHALMIC CONVENTION IN THE WORLD, WHICH FOR THE 2023 ANNUAL MEETING (HELD IN-PERSON NOVEMBER 3RD - NOVEMBER 6TH IN SAN FRANCISCO, CA) BROUGHT TOGETHER DOMESTIC PHYSICIANS, INTERNATIONAL PHYSICIANS, OTHER HEALTH PROFESSIONALS, EXHIBITORS, AND GUESTS TO SHARE THE LATEST ADVANCES AND TECHNOLOGY IN OPHTHALMIC MEDICINE. WE RELENTLESSLY ADVOCATE FOR THE HIGHEST QUALITY EYE CARE, REPRESENTING OPHTHALMOLOGISTS AND THEIR PATIENTS BEFORE THE GOVERNMENT AND OTHER ORGANIZATIONS THAT INFLUENCE EYE CARE POLICY. 0 1 0 1 0 0 0 0 1 1 0 0 1 1 1 0 1 0 0 1 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 1 188 0 1 190 1 1 1 0 0 0 1 1 0 1 0 X 23 14 1 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 CA MN X MICHAEL ROLL 4154470255 655 BEACH STREET SAN FRANCISCO CA 94109 DANIEL J BRICELAND MD PRESIDENT (2023) / PAST PRES. (2024) 1.00 1.00 X X 85000 0 0 JANE C EDMOND MD PRESIDENT-ELECT (2023) / PRES (2024) 1.00 1.00 X X 30000 0 0 MICHAEL X REPKA PRES-ELECT (2024) / MED DIR GOV'T AFFAIRS 1.00 1.00 X X 120000 0 0 DUPE S ADEMOLA-POPOOLA MBBS INT'L TRUSTEE-AT-LARGE START 1/2024 1.00 1.00 X 0 0 0 IQBAL K AHMED MD INTERNATIONAL TRUSTEE-AT-LARGE 1.00 1.00 X 0 0 0 ALISON BLAKE MBBCH MD INT'L TRUSTEE-AT-LARGE THRU 12/2023 1.00 1.00 X 0 0 0 MARY LOUISE Z COLLINS MD TRUSTEE-AT-LARGE THRU 12/2023 1.00 1.00 X 0 0 0 ANNA LUISA DI LORENZO MD TRUSTEE-AT-LARGE 1.00 1.00 X 0 0 0 RAVI D GOEL MD TRUSTEE / SR SECR FOR OPHTHALMIC PRACTICE 1.00 1.00 X 25000 0 0 THOMAS A GRAUL MD TRUSTEE / CHAIR, THE COUNCIL THRU 12/2023 1.00 1.00 X 15000 0 0 LAURA K GREEN MD TRUSTEE-AT-LARGE START 1/2024 1.00 1.00 X 10000 0 0 DAVID C HERMAN MD PUBLIC TRUSTEE 1.00 1.00 X 17500 0 0 BENNIE H JENG MD TRUSTEE-AT-LARGE (2023) / SECR FOR ANNUAL MEETING 1.00 1.00 X 25000 0 0 LISA DIANE KELLY MD TRUSTEE / SECR FOR ANNUAL MEETING (2023) 1.00 1.00 X 0 0 0 JAMES A LAWRENCE PUBLIC TRUSTEE 1.00 1.00 X 0 0 0 PURNIMA S PATEL MD TRUSTEE-AT-LARGE 1.00 1.00 X 0 0 0 RON W PELTON MD PHD TRUSTEE-AT-LARGE THRU 12/2023 1.00 1.00 X 0 0 0 CHRISTOPHER J RAPUANO MD TRUSTEE / SR SECR FOR CLINICAL EDUCATION 1.00 1.00 X 25000 0 0 ERIN SHRIVER MD TRUSTEE-AT-LARGE START 1/2024 1.00 1.00 X 0 0 0 GREGORY L SKUTA MD TRUSTEE / FAAO ADVISORY BOARD CHAIR 1.00 1.00 X 0 0 0 LEE A SNYDER MD TRUSTEE / VICE CHAIR, THE COUNCIL (2024) 1.00 1.00 X 0 0 0 PREM S SUBRAMANIAN MD PHD TRUSTEE / VICE CHAIR (2023), CHAIR (2024), THE COU 1.00 1.00 X 10000 0 0 RUSSELL N VAN GELDER MD PHD TRUSTEE / EDITOR, OPHTHALMOLOGY 1.00 1.00 X 0 0 0 AARON P WEINGEIST MD TRUSTEE-AT-LARGE 1.00 1.00 X 0 0 0 ROBERT E WIGGINS JR MD MHA PAST PRESIDENT THRU 12/2023 1.00 1.00 X 0 0 0 GEORGE A WILLIAMS MD TRUSTEE / SR SECR FOR ADVOCACY 1.00 1.00 X 25000 0 0 REZA ZADNO PHD PUBLIC TRUSTEE 1.00 1.00 X 0 0 0 STEPHEN D MCLEOD MD EXEC VP / CEO / TREAS & SECRETARY 32.00 8.00 X X 1073298 0 125586 LAWRENCE MENDENHALL COO / CFO / CHIEF LEGAL & RISK OFFICER 34.00 6.00 X 567851 0 99219 DALE E FAJARDO EDD MBA VP, EDUCATION 40.00 0.00 X 387649 0 52961 JOE CARR VP, INFORMATION TECHNOLOGY 40.00 0.00 X 321728 0 93187 REBECCA HYDER VP, GOVERNMENTAL AFFAIRS 40.00 0.00 X 323112 0 32388 FLORA LUM MD VP, QUALITY AND DATA SCIENCE 40.00 0.00 X 350106 0 43766 BETH HEINRICH MPA VP, COMMUNICATIONS AND MARKETING 40.00 0.00 X 347785 0 41673 DEBRA ROSENCRANCE CMP CAE VP, MEETINGS AND EXHIBITS 40.00 0.00 X 325572 0 32604 JANE AGUIRRE VP, MEMB & ALLIANCES THRU 6/2023 40.00 0.00 X 280142 0 48923 JESSICA KUO VP, MEMB & ALLIANCES START 6/2023 40.00 0.00 X 233307 0 44991 MICHAEL W STEVENS JD GENERAL COUNSEL AND VP, LEGAL AFFAIRS 40.00 0.00 X 277272 0 75635 GAIL SCHMIDT VP, OPHTHALMIC SOCIETY & GLOBAL RELATIONS 40.00 0.00 X 200541 0 28779 MICHAEL ROLL DIRECTOR OF FINANCE 40.00 0.00 X 220775 0 69456 BRENDAN MARR DIRECTOR, STATE GOVERNMENT AFFAIRS 40.00 0.00 X 212210 0 21127 JENNIFER MAXWELL DIRECTOR OF PEOPLE AND DEI 40.00 0.00 X 208812 0 37667 BRANDI BROOKS DIRECTOR OF MARKETING 40.00 0.00 X 205323 0 21078 DANIEL MUMMERT DIRECTOR, ONLINE EDUCATION 40.00 0.00 X 204808 0 37424 DAVID W PARKE II MD FORMER EVP / CEO / TREAS & SECR 0.00 0.00 X 107458 0 6298 CATHY COHEN FORMER VP GOVT AFFAIRS THRU 1/2023 0.00 0.00 X 110864 0 6667 6346113 0 919429 128 1 1 0 FREEMAN 350 RHODE ISLAND STREET 220N SAN FRANCISCO CA 94103 ANNUAL MEETING LOGISTIC SERVICES 3836859 SMG FOOD & BEVERAGE 2301 S LAKE SHORE DR CHICAGO IL 60616 CATERING SERVICES - ANNUAL MEETING 1813489 MCDERMOTT WILL & EMERY LLP PO BOX 1676 CAROL STREAM IL 601321676 LEGAL SERVICES 397000 MJ MRVICA ASSOCIATES 2 WEST TAUTON AVE BERLIN NJ 08009 ADVERTISING SERVICES 353900 DORSEY & WHITNEY LLP 50 SOUTH SIXTH STREET SUITE 1500 MINNEAPOLIS MN 55402 LEGAL SERVICES 338532 10 10951525 1752329 12703854 ANNUAL MEETING REVENUE 611430 21610091 18203367 3406724 MEMBERSHIP DUES 611710 15473826 15473826 COURSE/SEMINAR FEES 611430 1249923 1249923 SUBSCRIPTION/JOURNAL REVENUE 611430 892621 892621 APPLICATION FEES 611710 636169 636169 666782 666782 40529412 1197530 1197530 5351732 5351732 3730666 1799 3616962 0 113704 1799 115503 115503 3862830 821982 3040848 3040848 ADVERTISING 541800 2228072 2228072 JOB POSTING REVENUE 561300 1563521 1563521 MAILING LIST REVENUE 900099 89000 89000 3880593 66819472 40163536 7198317 6753765 X 1719322 5479202 20144471 1906103 2057783 1792895 439428 163195 901435 235038 6305729 216810 2702434 1601221 1632606 2515459 9973582 195866 365640 477680 UBI TAX EXPENSE 801748 PRINTING & PUBLICATIONS 556800 DUES & SUBSCRIPTIONS 438600 EXPENSE ALLOCATION -3378924 1347758 60591881 6702702 2631921 13587046 13684341 400000 599788 475013 1831817 1384589 11657691 9275716 1303829 2381975 34707051 41470815 4550281 4557762 69282604 74360677 132965118 140947093 6571417 5549149 22375235 19922875 2909784 2512166 31856436 27984190 X 98065302 109780433 3043380 3182470 101108682 112962903 132965118 140947093 6227591 5626630 0 X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 1 14225983 4169124 3821522 7990646 3622611 4368035 PART III-B 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. 125000 125000 125000 125000 125000 125000 125000 125000 125000 125000 0.00000 1.00000 0.00000 0 0 400621 310757 89864 6703544 5149113 1554431 4553526 3815846 737680 2381975 DUE FROM RELATED ORGANIZATIONS 72420145 DEPOSITS 19887 OPERATING LEASE RIGHT-OF-USE ASSETS 1920645 74360677 RETIREE HEALTH INSURANCE BENEFITS OBLIGATIONS 180906 CAPITAL LEASE OBLIGATIONS 180514 OPERATING LEASE LIABILITIES 2150746 2512166 X PART V, LINE 4: THE ORGANIZATION'S ENDOWMENT FUND IS UTILIZED AS A RESERVE FOR THE SURGICAL SCOPE FUND, SHOULD THAT FUND RUN DRY. THROUGH THE SURGICAL SCOPE FUND, AAO WORKS WITH OPHTHALMOLOGICAL AND MEDICAL SOCIETIES TO ENSURE PATIENT SAFETY STANDARDS. AAO UPHOLDS THIS COMMITMENT BY OPPOSING STATE-LEVEL EFFORTS TO GRANT MEDICAL AND SURGICAL PRIVILEGES, LEGISLATIVELY OR THROUGH REGULATIONS, TO NON-PHYSICIAN HEALTH CARE PRACTITIONERS. PART X, LINE 2: AAO FOLLOWS 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 CONSOLIDATED STATEMENTS OF FINANCIAL POSITION TO COMPLY WITH PROVISIONS OF THIS GUIDANCE. EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 SENDING AGENTS OF THE ORGANIZATION TO ATTEND AND SPEAK AT SEMINARS AND CONFERENCES 10500 0 0 0 0 0 0 10500 0 10500 0 0 0 0 0 0 PART I, LINE 3: THE ORGANIZATION IS UTILIZING THE ACCRUAL METHOD TO ACCOUNT FOR EXPENDITURES ON SCHEDULE F, PART I. 1 NEW JERSEY ACADEMY OF OPHTHALMOLOGY FOUNDATION INC 414 RIVER VIEW PLAZA TRENTON NJ 08611 222154251 501(C)(3) 54000 0 SCOPE OF SURGERY CAMPAIGNS ALABAMA ACADEMY OF EYE PHYSICIANS 19 SOUTH JACKSON STREET MONTGOMERY AL 36104 630809050 501(C)(6) 115500 0 SCOPE OF SURGERY CAMPAIGNS CALIFORNIA ACADEMY OF EYE PHYSICIANS AND SURGEONS PO BOX 14347 SAN FRANCISCO CA 94114 941479836 501(C)(6) 282750 0 SCOPE OF SURGERY CAMPAIGNS IOWA ACADEMY OF OPHTHALMOLOGY INC PO BOX 262 GRIMES IA 50111 421345104 501(C)(6) 59829 0 SCOPE OF SURGERY CAMPAIGNS IDAHO SOCIETY OF OPHTHALMOLOGY INC PO BOX 2668 BOISE ID 83701 274161002 501(C)(6) 150500 0 SCOPE OF SURGERY CAMPAIGNS NEBRASKA ACADEMY OF EYE PHYSICIANS AND SURGEONS 1045 LINCOLN MALL SUITE 200 LINCOLN NE 68508 470630498 501(C)(6) 19018 0 SCOPE OF SURGERY CAMPAIGNS NEW HAMPSHIRE SOCIETY OF EYE PHYSICIANS AND SURGEONS 7 NORTH STATE STREET CONCORD NH 03301 222990643 501(C)(6) 60000 0 SCOPE OF SURGERY CAMPAIGNS SOUTH DAKOTA ACADEMY OF OPHTHALMOLOGY 2600 W 49TH STREET SUITE 100 SIOUX FALLS SD 57105 460332368 501(C)(6) 155713 0 SCOPE OF SURGERY CAMPAIGNS TENNESSEE ACADEMY OF OPHTHALMOLOGY 701 BRADFORD AVE NASHVILLE TN 37204 621135863 501(C)(6) 30000 0 SCOPE OF SURGERY CAMPAIGNS UTAH OPHTHALMOLOGICAL SOCIETY PO BOX 901476 SANDY UT 84090 742506447 501(C)(6) 122000 0 SCOPE OF SURGERY CAMPAIGNS VERMONT OPHTHALMOLOGICAL SOCIETY 134 MAIN STREET MONTPELIER VT 05602 222539024 501(C)(6) 23086 0 SCOPE OF SURGERY CAMPAIGNS WASHINGTON ACADEMY OF EYE PHYSICIANS AND SURGEONS 2001 6TH AVE SUITE 2700 SEATTLE WA 98121 910994722 501(C)(6) 198500 0 SCOPE OF SURGERY CAMPAIGNS WEST VIRGINIA ACADEMY OF EYE PHYSICIANS AND SURGEONS INC PO BOX 4569 MORGANTOWN WV 26504 237101460 501(C)(6) 120068 0 SCOPE OF SURGERY CAMPAIGNS 1 12 PART I, LINE 2: GRANT RECIPIENTS ARE REQUIRED TO SUBMIT RESULT REPORTS ANNUALLY, WHICH INCLUDES A DESCRIPTION OF THE USE OF FUNDS GRANTED. X X X X 1 1 X X X X 0 0 0 STEPHEN D MCLEOD MD EXEC VP / CEO / TREAS & SECRETARY 902729 0 170000 0 569 0 33000 0 92586 0 1198884 0 0 0 LAWRENCE MENDENHALL COO / CFO / CHIEF LEGAL & RISK OFFIC 475761 0 90800 0 1290 0 33000 0 66219 0 667070 0 0 0 DALE E FAJARDO EDD MBA VP, EDUCATION 336979 0 48000 0 2670 0 33000 0 19961 0 440610 0 0 0 JOE CARR VP, INFORMATION TECHNOLOGY 281728 0 40000 0 0 0 33000 0 60187 0 414915 0 0 0 FLORA LUM MD VP, QUALITY AND DATA SCIENCE 302106 0 48000 0 0 0 33000 0 10766 0 393872 0 0 0 BETH HEINRICH MPA VP, COMMUNICATIONS AND MARKETING 309785 0 38000 0 0 0 33000 0 8673 0 389458 0 0 0 DEBRA ROSENCRANCE CMP CAE VP, MEETINGS AND EXHIBITS 277572 0 48000 0 0 0 32604 0 0 0 358176 0 0 0 REBECCA HYDER VP, GOVERNMENTAL AFFAIRS 305112 0 18000 0 0 0 32388 0 0 0 355500 0 0 0 MICHAEL W STEVENS JD GENERAL COUNSEL AND VP, LEGAL AFFAIR 255272 0 22000 0 0 0 29670 0 45965 0 352907 0 0 0 JANE AGUIRRE VP, MEMB & ALLIANCES THRU 6/2023 225142 0 55000 0 0 0 27857 0 21066 0 329065 0 0 0 MICHAEL ROLL DIRECTOR OF FINANCE 208775 0 12000 0 0 0 23491 0 45965 0 290231 0 0 0 JESSICA KUO VP, MEMB & ALLIANCES START 6/2023 218307 0 15000 0 0 0 23066 0 21925 0 278298 0 0 0 JENNIFER MAXWELL DIRECTOR OF PEOPLE AND DEI 194312 0 12000 0 2500 0 21435 0 16232 0 246479 0 0 0 DANIEL MUMMERT DIRECTOR, ONLINE EDUCATION 195558 0 9250 0 0 0 20952 0 16472 0 242232 0 0 0 BRENDAN MARR DIRECTOR, STATE GOVERNMENT AFFAIRS 200910 0 11300 0 0 0 21127 0 0 0 233337 0 0 0 GAIL SCHMIDT VP, OPHTHALMIC SOCIETY & GLOBAL RELA 191041 0 9500 0 0 0 20106 0 8673 0 229320 0 0 0 BRANDI BROOKS DIRECTOR OF MARKETING 196573 0 8750 0 0 0 20914 0 164 0 226401 0 0 0 CATHY COHEN FORMER VP GOVT AFFAIRS THRU 1/2023 34200 0 36000 0 40664 0 6667 0 0 0 117531 0 0 0 DAVID W PARKE II MD FORMER EVP / CEO / TREAS & SECR 98345 0 0 0 9113 0 6298 0 0 0 113756 0 0 0 PART I, LINE 1A THESE BENEFITS ARE PROVIDED TO THE CEO UNDER TERMS OF HIS CONTRACT. ANY PAYMENTS MADE FOR TRAVEL FOR COMPANIONS, TAX INDEMNIFICATION AND GROSS-UP PAYMENTS, AND HEALTH OR SOCIAL CLUB DUES IS INCLUDED IN FORM W-2 AS TAXABLE COMPENSATION; ANY PAYMENTS MADE FOR FIRST-CLASS OR CHARTER TRAVEL IS NON-TAXABLE, PROVIDED THE BENEFIT IS REASONABLE. IN ADDITION TO THE BENEFITS LISTED THAT ARE PROVIDED TO THE CEO, FIRST CLASS TRAVEL IS PROVIDED TO THE COO, CFO, & CHIEF LEGAL / RISK OFFICER UNDER THE TERMS OF HIS CONTRACT AND ON THE SAME NON-TAXABLE BASIS, PROVIDED THE BENEFIT IS REASONABLE. FORM 990, PART VI, SECTION A, LINE 1A PUBLIC TRUSTEES AND INTERNATIONAL TRUSTEES-AT-LARGE ARE NOT ENTITLED TO VOTE ON MATTERS INVOLVING GOVERNANCE, RULES, OR PROCEDURES OF AAO; ADDITIONALLY, PUBLIC TRUSTEES AND INTERNATIONAL TRUSTEES-AT-LARGE CANNOT VOTE TO REMOVE ANY TRUSTEE, WHICH CAN OCCUR WITH AN AFFIRMATIVE WRITTEN BALLOT OF FOUR-FIFTHS (4/5THS) VOTE OF THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION A, LINE 2 EACH OF THE FOLLOWING MEMBERS OF THE BOARD OF DIRECTORS HAS A BUSINESS RELATIONSHIP WITH ONE ANOTHER: RON W. PELTON, MD, PHD; CHRISTOPHER J. RAPUANO, MD; GREGORY L. SKUTA, MD; ROBERT E. WIGGINS, MD, MHA; STEPHEN D. MCLEOD, MD; AND AARON P. WEINGEIST, MD. FORM 990, PART VI, SECTION A, LINE 6 AAO IS A MEMBERSHIP ORGANIZATION WITH THE FOLLOWING CLASSES OF MEMBERS ENTITLED TO VOTE ON ANY MATTER OR TO ATTEND ANY ANNUAL OR SPECIAL BUSINESS MEETING: ACTIVE FELLOWS, ACTIVE OSTEOPATHIC FELLOWS, LIFE FELLOWS, LIFE OSTEOPATHIC FELLOWS, ACTIVE MEMBERS, AND LIFE MEMBERS. ONLY ACTIVE FELLOWS, ACTIVE OSTEOPATHIC FELLOWS, AND LIFE FELLOWS SHALL BE ELIGIBLE FOR NOMINATION, ELECTION, OR APPOINTMENT TO A POSITION ON THE BOARD OF TRUSTEES; ONLY INTERNATIONAL MEMBERS, OR THOSE FELLOWS AND MEMBERS WHO PRACTICE EXCLUSIVELY OUTSIDE OF THE UNITED STATES, SHALL BE ELIGIBLE FOR APPOINTMENT AS AN INTERNATIONAL TRUSTEE. FORM 990, PART VI, SECTION A, LINE 7A THE VOTING FELLOWS AND MEMBERS (ACTIVE FELLOWS, ACTIVE OSTEOPATHIC FELLOWS, LIFE FELLOWS, LIFE OSTEOPATHIC FELLOWS, ACTIVE MEMBERS, AND LIFE MEMBERS) ELECT THE MEMBERS OF THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION A, LINE 7B ANY AMENDMENT OR REVISION TO THE ARTICLES OF INCORPORATION, THE BYLAWS, AND THE ACADEMY'S CODE OF ETHICS MUST BE RATIFIED BY THE VOTING FELLOWS OR MEMBERS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN INDEPENDENT TAX PREPARER IN CONJUNCTION WITH THE ORGANIZATION'S INTERNAL FINANCE AND ACCOUNTING DEPARTMENT. THE COO / CFO / CHIEF LEGAL & RISK OFFICER AND DIRECTOR OF FINANCE THEN COMPLETELY REVIEW THE FORM 990; ADJUSTMENTS ARE MADE AS NECESSARY. UPON APPROVAL WITH THE COO / CFO / SENIOR LEGAL COUNSEL AND DIRECTOR OF FINANCE, THE FORM 990 IS THEN DISTRIBUTED TO EACH MEMBER OF THE BOARD OF DIRECTORS AT LEAST ONE WEEK PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE, WHO WERE INVITED TO ASK QUESTIONS. FORM 990, PART VI, SECTION B, LINE 12C AAO HAS A PROFOUND DUTY TO ITS MEMBERS, THE LARGER MEDICAL COMMUNITY, AND THE PUBLIC TO ENSURE THE INTEGRITY OF ALL OF ITS SCIENTIFIC, EDUCATIONAL, ADVOCACY, AND CONSUMER INFORMATION ACTIVITIES AND MATERIALS. THUS, EACH ACADEMY TRUSTEE AND AAO STAFF ARE RESPONSIBLE FOR DISCLOSING INTERACTIONS WITH COMPANIES AND MANAGE CONFLICTS OF INTEREST OR THE APPEARANCE OF CONFLICTS OF INTEREST THAT AFFECT THIS INTEGRITY. AAO LEADERS AND PERSONS IN A POSITION TO INFLUENCE (INCLUDING TRUSTEES, OFFICERS, AND KEY EMPLOYEES) MUST SUBMIT AN ANNUAL DISCLOSURE FORM OF ALL FINANCIAL RELATIONSHIPS IN ANY AMOUNT AND UNCOMPENSATED INTERACTIONS WITH COMPANIES WITHIN THE PREVIOUS 12 MONTHS PRIOR TO THEIR PARTICIPATION IN THE ACTIVITY. IN THE EVENT A CONFLICT OF INTEREST IS IDENTIFIED, THE ACADEMY LEADER WHO DISCLOSES A CONFLICT OR POTENTIAL CONFLICT, OR TO WHOM A FELLOW LEADER IDENTIFIES A PERCEIVED CONFLICT, PREPARES A STATEMENT DESCRIBING THE CONFLICT AND SUGGESTING WAYS OF RESOLVING OR MANAGING IT. THIS STATEMENT OF CONFLICT MANAGEMENT IS SUBMITTED TO THE EXECUTIVE COMMITTEE OF THE BOARD; IF A CHAIRPERSON OR EXECUTIVE COMMITTEE MEMBER IS SUBMITTING THE STATEMENT, TWO INDEPENDENT MEMBERS WILL BE APPOINTED TO REVIEW THE STATEMENT. IF THERE IS A CONSENSUS THAT A CONFLICT EXISTS, METHODS FOR RESOLUTION INCLUDE: HIGHLY SPECIFIC CONFIDENTIALITY AGREEMENTS; RECUSAL FROM SPECIFIC DISCUSSIONS, ACTIVITIES, OR VOTES; OR A REQUIREMENT THAT THE LEADER STEP-DOWN FROM A PARTICULAR POSITION OF LEADERSHIP. FORM 990, PART VI, SECTION B, LINE 15 THE AAO COMPENSATION COMMITTEE IS MADE UP OF THE PRESIDENT, PRESIDENT-ELECT, PAST PRESIDENT, AND THE MOST RECENT PAST PRESIDENT NO LONGER SERVING ON THE BOARD. THE COMMITTEE ANNUALLY REVIEWS THE STIPEND AND CONTRACT PAYMENTS FOR ALL PHYSICIAN POSITIONS AND IS RESPONSIBLE FOR THE INITIAL CONTRACT NEGOTIATION WITH A NEW CEO/EVP, WITH THE ADVICE AND ASSISTANCE OF A PROFESSIONAL COMPENSATION ANALYST WHO PROVIDES COMPARATIVE DATA AND CONSULTATION. IN ITS WORK, THE COMMITTEE USES COMPARATIVE DATA FROM OTHER COMPARABLE ORGANIZATIONS IN THEIR ANALYSES. FINALLY, THE COMPENSATION COMMITTEE ANNUALLY REVIEWS THE PERFORMANCE OF THE CEO/EVP IN JUNE OF EACH YEAR TO DETERMINE THE ANNUAL PERFORMANCE BONUS - WHICH IS LIMITED TO A MAXIMUM OF 20% OF HIS SALARY PER THE EMPLOYMENT CONTRACT. FOR OTHER OFFICERS AND KEY EMPLOYEES OF THE ORGANIZATION, THE ORGANIZATION CONTRACTS WITH AN OUTSIDE COMPENSATION CONSULTANT WHO USES COMPARATIVE DATA FROM OTHER COMPARABLE ORGANIZATIONS IN THEIR ANALYSIS, TO DETERMINE REASONABLE COMPENSATION FOR EACH JOB CLASSIFICATION; THESE SALARIES ARE THEN APPROVED BY THE CEO/EVP. FORM 990, PART VI, SECTION C, LINE 19 THE CONFLICT OF INTEREST POLICY, BYLAWS, AS WELL AS OTHER POLICY STATEMENTS FOR ACADEMY LEADERS ARE AVAILABLE ON THE AAO WEBSITE. THE CONSOLIDATED AUDITED FINANCIAL STATEMENTS ARE PUBLISHED EVERY FALL IN THE JOURNAL OF OPHTHALMOLOGY AND ARE AVAILABLE TO THE GENERAL PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G CONSULTING FEES 344,081. CONTRACTUAL SERVICES 2,860,183. PHYSICIAN SERVICES 1,019,265. TEMPORARY HELP 81,821. RECRUITMENT 48,701. EDITORIAL & PUBLISHING SERVICES 328,280. PRODUCT PRODUCTION SERVICES 900,401. FULFILLMENT SERVICES 30,186. SALES COMMISSIONS 350,620. PAYROLL PROCESSING 317,790. PHOTOGRAPHY 24,401. THE FOUNDATION OF THE AMERICAN ACADEMY OF OPHTHALMOLOGY 655 BEACH STREET SAN FRANCISCO CA 94109 942682387 SUPPORT CHARITABLE MISSION OF THE AMERICAN ACADEMY OF OPHTHALMOLOGY CA 501(C)(3) LINE 12B, II AMERICAN ACADEMY OF OPHTHALMOLOGY 1 AMERICAN ACADEMY OF OPHTHALMOLOGY CES FUND 655 BEACH STREET SAN FRANCISCO CA 94109 411865087 SUPPORT CHARITABLE MISSION OF THE AMERICAN ACADEMY OF OPHTHALMOLOGY CA 501(C)(3) LINE 12B, II AMERICAN ACADEMY OF OPHTHALMOLOGY 1 AMERICAN ACADEMY OF OPHTHALMOLOGY INC PAC 655 BEACH STREET SAN FRANCISCO CA 94109 942971109 POLITICAL ACTION COMMITTEE CA 527 AMERICAN ACADEMY OF OPHTHALMOLOGY 1 ACADEMY SERVICES INC AND SUBSIDIARIES 655 BEACH STREET SAN FRANCISCO CA 94109 942960420 MANAGEMENT MN AMERICAN ACADEMY OF OPHTHALMOLOGY C 3324377 5680855 1.00000 1 0 0 1 1 0 0 0 0 0 0 1 0 1 1 1 0 0 0 0 THE FOUNDATION OF THE AMERICAN ACADEMY OF OPHTHALMOLOGY C 10951525 BOOK VALUE THE FOUNDATION OF THE AMERICAN ACADEMY OF OPHTHALMOLOGY D 48983389 BOOK VALUE THE FOUNDATION OF THE AMERICAN ACADEMY OF OPHTHALMOLOGY K 1590616 BOOK VALUE THE FOUNDATION OF THE AMERICAN ACADEMY OF OPHTHALMOLOGY O 102559 BOOK VALUE ACADEMY SERVICES INC AND SUBSIDIARIES D 23436756 BOOK VALUE