Rhode Island Veterinary Medical Association is located in Providence, RI. The organization was established in 1982. According to its NTEE Classification (D40) the organization is classified as: Veterinary Services, under the broad grouping of Animal-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rhode Island Veterinary Medical Association is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2021, Rhode Island Veterinary Medical Association generated $227.2k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.1%) each year. All expenses for the organization totaled $188.3k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (2.9%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
EDUCATION AND INFORMATION SHARING FOR VETERINARIANS AND THE GENERAL PUBLIC THROUGH NEWSLETTERS, SEMINARS AND CONVENTIONS AS WELL AS RABIES CLINICS
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATION AND INFORMATION SHARING FOR VETERINARIANS AND THE GENERAL PUBLIC THROUGH NEWSLETTERS, SEMINARS AND CONVENTIONS AS WELL AS RABIES CLINICS
RABIES CLINICS
DUES
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Ralph Pratt DVM Treasurer | OfficerTrustee | 2 | $0 |
Anne Schwartz DVM President | OfficerTrustee | 2 | $0 |
Heather Lopes DVM Secretary | OfficerTrustee | 2 | $0 |
Katee Lomonaco DVM President Elect | OfficerTrustee | 2 | $0 |
Joyce Gifford Director | Trustee | 2 | $0 |
Shelly Pancoast Director | Trustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $193,156 |
Investment income | $14,956 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $15,527 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $227,179 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $70,000 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $5,950 |
Fees for services: Lobbying | $10,000 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $231 |
Fees for services: Other | $0 |
Advertising and promotion | $980 |
Office expenses | $1,189 |
Information technology | $4,957 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $521 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $2,537 |
All other expenses | $2,583 |
Total functional expenses | $188,318 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $64,868 |
Savings and temporary cash investments | $278,311 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $343,179 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $0 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $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 | $343,179 |
Total liabilities and net assets/fund balances | $343,179 |
Over the last fiscal year, we have identified 2 grants that Rhode Island Veterinary Medical Association has recieved totaling $5,000.
Awarding Organization | Amount |
---|---|
The Stanton Foundation New York, NY PURPOSE: TO ACHIEVE CHARITABLE PURPOSE | $4,000 |
The Stanton Foundation New York, NY PURPOSE: TO ACHIEVE CHARITABLE PURPOSE | $1,000 |
Organization Name | Assets | Revenue |
---|---|---|
Massachusetts Veterinary Medical Association Marlborough, MA | $548,708 | $364,228 |
Rhode Island Veterinary Medical Association Providence, RI | $343,179 | $227,179 |
The Connecticut Veterinary Medical Association Providence, RI | $244,972 | $162,686 |
American Academy Of Veterinary Nutrition Providence, RI | $148,897 | $0 |
Veterinary Care Everywhere Inc West Haven, CT | $109,515 | $0 |
Pittilove Rescue Inc Framingham, MA | $71,247 | $0 |
American Veterinary Medical Association North Grafton, MA | $95,791 | $0 |
Commonwealth Cats Peabody, MA | $19,275 | $0 |