All Brands Owned by VSP Vision

Is VSP Vision a nonprofit?

VSP Vision describes itself as a not-for-profit company: it has no shareholders and reinvests earnings into the business and charitable programs. The IRS revoked its federal tax exemption in 2003, so it operates as a taxable not-for-profit corporation.

Who owns VSP Vision?

No one owns VSP Vision in the equity sense. It is a member-governed not-for-profit led by President and CEO Michael Guyette and overseen by a board of directors.

Is VSP Vision publicly traded?

No. VSP Vision has no stock and does not report to public shareholders.

When was VSP Vision founded?

The company was founded in September 1955 in Oakland, California, as California Vision Services. It became Vision Service Plan in 1976, later VSP Global, and rebranded as VSP Vision in March 2022.

What companies does VSP Vision own?

VSP Vision owns VSP Vision Care insurance, Marchon Eyewear and Altair Eyewear frame manufacturing, Visionworks retail, Eyefinity software, Eyeconic e-commerce, VSP Optics lenses, and VSP Ventures practice partnerships.

How many members does VSP have?

VSP Vision serves more than 85 million members through employer-sponsored and individual vision plans, making it the largest vision benefits company in the United States.