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 12/2021, Rivma Companion Animal Foundation generated $259.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.4% each year. All expenses for the organization totaled $139.9k during the year ending 12/2021. While expenses have increased by 1.5% per year over the past 7 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

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
Claire Messina
Secretary
$0
John Kennedy
Treasurer
$0
M Christie Smith
Vice President
$0
Elizabeth Suever
President
$0
Patty Sullivan
Director
$0
Dr Oni Springer Slepkow DVM
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$125,622
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$125,622
Total Program Service Revenue$0
Investment income $89,927
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $43,496
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $259,045

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Rivma Companion Animal Foundation has recieved totaling $40,465.

Awarding OrganizationAmount
The Rhode Island Community Foundation

Providence, RI

PURPOSE: GENERAL OPERATING; CAF VOUCHER PROGRAM

$40,465
View Grant Recipient Profile

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