Rhode Island Veterinary Medical Association
- Assets
- $293.5k
- Revenue
- $246.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Providence, RI
- Founding
- 11/1982
- Data as of
- 12/2022
- EIN
- 05-0395792
Organization Overview
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 12/2022, Rhode Island Veterinary Medical Association generated $246.0k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.0% each year. All expenses for the organization totaled $248.2k during the year ending 12/2022. While expenses have increased by 0.9% per year over the past 8 years. They've been increasing with an increasing level of total revenue. 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
2022
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
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ralph Pratt DVM Treasurer | OfficerTrustee | 2 | $0 |
Shelly Pancoast President Elect | OfficerTrustee | 2 | $0 |
Joyce Gifford Secretary | OfficerTrustee | 2 | $0 |
Holly Brown Director | Trustee | 2 | $0 |
Anne Schwartz DVM Past President | Trustee | 2 | $0 |
Cathy Lund Director | Trustee | 2 | $0 |
Financial Statements
| 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 | $228,873 |
| Investment income | $13,352 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$1,360 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $245,990 |
| 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 | $7,985 |
| Fees for services: Lobbying | $24,000 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $2,489 |
| Fees for services: Other | $0 |
| Advertising and promotion | $847 |
| Office expenses | $805 |
| Information technology | $3,684 |
| 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 | $1,933 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,352 |
| All other expenses | $3,279 |
| Total functional expenses | $248,183 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $52,858 |
| Savings and temporary cash investments | $240,600 |
| 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 | $293,458 |
| 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 | $293,458 |
| Total liabilities and net assets/fund balances | $293,458 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Massachusetts Veterinary Medical Association Marlborough, MA | $604,333 | $429,000 |
The Connecticut Veterinary Medical Association Providence, RI | $208,065 | $253,185 |
Rhode Island Veterinary Medical Association Providence, RI | $293,458 | $245,990 |
Veterinary Care Everywhere Inc West Haven, CT | $93,080 | $0 |
American Academy Of Veterinary Nutrition Providence, RI | $148,509 | $0 |
Pittilove Rescue Inc Framingham, MA | $81,838 | $0 |
American Veterinary Medical Association North Grafton, MA | $94,015 | $0 |
Commonwealth Cats Peabody, MA | $15,021 | $0 |