Rivma Companion Animal Foundation

Organization Overview

Rivma Companion Animal Foundation is located in Providence, RI. The organization was established in 2004. According to its NTEE Classification (D20) the organization is classified as: Animal Protection & Welfare, 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. Rivma Companion Animal Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2022, Rivma Companion Animal Foundation generated $201.6k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.6%) each year. All expenses for the organization totaled $158.2k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (2.1%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE ORGANIZATION WAS ESTABLISHED TO PROVIDE FINANCIAL ASSISTANCE TO LOW-INCOME PET OWNERS WHO CANNOT AFFORD NECESSARY VETERINARIAN CARE FOR THEIR PETS. THE ORGANIZATION'S PRIMARY MISSION IS AFFORDABLE HEALTHCARE FOR ALL PETS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE RHODE ISLAND VETERINARY MEDICAL ASSOCIATION COMPANION ANIMAL FOUNDATION IS A NON-PROFIT ORGANIZATION THAT WAS ESTABLISHED TO PROVIDE FINANCIAL ASSISTANCE TO LOW-INCOME PET OWNERS SO THAT THEY CAN AFFORD ESSENTIAL VETERINARY CARE FOR THEIR SICK OR INJURED PETS. THE ORGANIZATION'S GOAL IS AFFORDABLE HEALTHCARE FOR ALL PETS. THIS IS THE FIRST VETERINARY BASED ASSISTANCE PROGRAM OF ITS KIND IN THE UNITED STATES AND IS CURRRENTLY THE LARGEST RESOURCE FOR MEETING THE OVERWHELMING NEED FOR URGENT CARE FOR THE PETS IN RHODE ISLAND. THE ORGANIZATON IS GOVERNED BY A VETERINARY AND COMMUNITY BASED BOARD OF DIRECTORS AND HAS RECEIVED EXCELLENT SUPPORT FROM VETERINARIANS AND THE GENERAL PUBLIC. PET OWNERS MUST BE INCOME ELIGIBLE FOR ASSISTANCE TO BE GIVEN BY THE ORGANIZATION.LOW-INCOME GUIDELINES WERE MODELED ON THE HUD COMMUNITY MEDIAN INCOME STANDARDS, AS WELL AS OWNER PARTICIPATION IN SUCH PROGRAMS AS FOOD STAMPS, HEATING ASSISTANCE, AND OTHER SIMILAR RESOURCES. THE ORGANIZATON ESTABLISHED THIS SET OF ELIGIBILITY CRITERIA SO THAT VETERINARIANS CAN EASILY DETERMINE WHETHER A CLIENT IS ABLE TO PARTICIPATE IN THE PROGRAM AT THE TIME THE PATIENT IS EXAMINED.THE ABSENCE OF ANY SORT OF WAITING PERIOD FOR FUNDING MAKES EMERGENCY CARE POSSIBLE, AND THERE IS NO CUMBERSOME DOCUMENTATION REQUIRED OF THE PARTICIPANTS. THE ORGANIZATION AUDITS 10% OF FUND RECIPIENTS EACH YEAR TO VERIFY ACCURATE REPORTING. BECAUSE THESE GRANTS ARE SO ACCESSIBLE, VETERINARIANS HAVE THE FLEXIBILITY TO OFFER IMMEDIATE TREATMENT PLANS TO ELIGIBLE CLIENTS, AT THE TIME THE NEED IS MORE URGENT.THE ORGANIZATION RAISES FUNDS THROUGH GRANTS, EVENTS, INDIVIDUAL CONTRIBUTIONS AND A VETERINARY PATIENT MEMORIAL PROGRAM. FUNDS ARE THEN PRIMARILY USED FOR AN ANNUAL DISBURSEMENT THAT THE STATE'S VETERINARIANS USE TO TREAT THEIR ELIGIBLE CLIENTS PETS. THE VERY MODEST REMAINDER SUPPORTS THE ORGANIZATION'S ADMINISTRATIVE NEEDS, WITH THE ORGANIZATION'S DAY TO DAY BUSINESS BEING THE RESPONSIBILITY OF VOLUNTEERS. THE ORGANIZATION HAS ALSO SET UP AND ENDOWMENT ACCOUNT THAT WILL HELP THE ORGANIZATION SERVE THE NEEDY PET OWNERS INTO THE FORSEEABLE FUTURE.


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Board, Officers & Key Employees

Name (title)Compensation
Patty Sullivan
Secretary
$0
Claire Messina
Vice President
$0
M Christie Smith
President
$0
John Kennedy
Treasurer
$0
Anne Schartz DVM Dacvs
Director
$0
Elizabeth Suever
Director
$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$134,078
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$134,078
Total Program Service Revenue$0
Investment income $22,904
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $44,628
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $201,610

Peer Organizations

Organization NameAssets
Massachusetts Society For The Prevention Of Cruelty To Animals
Boston, MA
$97,484,812
Animal Rescue League Of Boston
Dedham, MA
$14,006,227
Connecticut Humane Society
Newington, CT
$16,128,056
Second Chance Animal Services Inc
East Brookfield, MA
$6,473,321
Northeast Animal Shelter Inc
Salem, MA
$7,679,415
Dakin Pioneer Valley Humane Societyinc
Springfield, MA
$5,083,987
Robert Potter League For Animals Inc
Middletown, RI
$5,771,286
Rhode Island Society For The Prevention Of Cruelty To Animals
Warwick, RI
$4,489,011
Four Paws International Inc
Boston, MA
$2,220,140
Berkshire Humane Society Inc
Pittsfield, MA
$2,415,825
Our Companions Domestic Animal Sanctuary Inc
Manchester, CT
$2,404,768
Vested Interest In K9s Inc
East Taunton, MA
$2,376,499
Providence Animal Rescue League
Providence, RI
$2,183,369
Rising Starr Horse Rescue
Wilton, CT
$1,600,285
Baypath Humane Society Of Hopkinton Inc
Hopkinton, MA
$3,479,207
New England Anti-Vivisection Society
Boston, MA
$1,722,393
American Fondouk Maintenance Committee Inc
Boston, MA
$1,094,639
Waggle Foundation Inc
Hadlyme, CT
$1,198,730
Animal Shelter Inc
Sterling, MA
$1,189,365
Animal Rescue League Of Southern Rhode Island
Peace Dale, RI
$1,164,184
Merrimack River Feline Rescue Society Inc
Salisbury, MA
$1,848,101
Cape Ann Animal Aid Association Inc
Gloucester, MA
$1,406,037
Feral Care Inc
Stratford, CT
$910,333
Worcester Animal Rescue League
Worcester, MA
$1,185,791
Protectors Of Animals Inc
East Hartford, CT
$1,086,832

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