Physician Assistant Academy Of Vermont
- Assets
- $66.8k
- Revenue
- $129.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Quechee, VT
- Founding
- 09/1993
- Data as of
- 06/2022
- EIN
- 22-2586796
Organization Overview
Physician Assistant Academy Of Vermont is located in Quechee, VT. The organization was established in 1993. According to its NTEE Classification (B60) the organization is classified as: Adult Education, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Physician Assistant Academy Of Vermont 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 06/2022, Physician Assistant Academy Of Vermont generated $129.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (5.7%) each year. All expenses for the organization totaled $105.9k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (7.1%) 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
CONTINUING PROFESSIONAL EDUCATION OF PHYSICIAN ASSISTANTS
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE MISSION OF THE PHYSICIAN ASSISTANT ACADEMY OF VERMONT IS TO PROMOTE QUALITY, COST-EFFECTIVE, AND ACCESSIBLE HEALTH CARE TO THE PEOPLE OF VERMONT AND TO SUPPORT THE PROFESSIONAL GROWTH OF PHYSICIAN ASSISTANTS. PAAV FORGES AND MAINTAINS PARTNERSHIPS/WORKING RELATIONSHIPS WITH OTHER HEALTH PROFESSIONAL ORGANIZATIONS ON A NATIONAL, REGIONAL AND STATEWIDE LEVEL. WITH THE SUPPORT OF MEMBERSHIP DUES, PAAV REPRESENTS VERMONT PHYSICIAN ASSISTANTS ON ISSUES OF LEGISLATIVE, REGULATORY AND PROFESSIONAL RELEVANCE AROUND THE STATE OF VERMONT AND ACTIVELY WORKS TO IMPROVE THE PROFESSIONAL AND REGULATORY ENVIRONMENT FOR PHYSICIAN ASSISTANT PRACTICE IN VERMONT AND NATIONWIDE. IN ADDITION, PAAV MONITORS THE REIMBURSEMENT ENVIRONMENT IN THE STATE AND NATIONALLY.
THE ORGANIZATION PROVIDES MEMBERS AND NON-MEMBERS WITH REGULAR OPPORTUNITIES FOR CME THAT ARE PERTINENT TO THE CLINICAL PRACTICE OF VERMONT PHYSICIAN ASSISTANTS. THE ORGANIZATION PROVIDES EDUCATION THROUGH IN PERSON AND VIRTUAL EVENTS. THE ANNUAL CONTINUING EDUCATION CONFERENCE HAD 161 ATTENDEES IN 2022.
PAAV OFFERS A SCHOLARSHIP KNOWN AS THE DEVLIN AWARD TO A CURRENTLY ENROLLED PHYSICIAN ASSISTANT STUDENT FROM VERMONT. MARTIN DEVLIN WAS A BELOVED MEMBER OF THE PHYSICIAN ASSISTANT ACADEMY OF VERMONT (PAAV) FOR MANY YEARS. FOLLOWING HIS UNTIMELY DEATH IN 2003, A SPECIAL FUND WAS CREATED IN HIS MEMORY. NO SCHOLARSHIP WAS GIVEN IN 2022.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michele Nilsson Executive Director | Officer | 5 | $10,272 |
Brad Salzmann Secretary | OfficerTrustee | 3 | $0 |
Stephanie Stahl Treasurer | OfficerTrustee | 3 | $0 |
Sarah Bushweller President | OfficerTrustee | 3 | $0 |
Christine O'neil Immediate Past President End 6/30/22 | Trustee | 2 | $0 |
Kristen Daniels Member-At-Large End 6/30/22 | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $7,725 |
| 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 | $7,725 |
| Total Program Service Revenue | $119,989 |
| Investment income | $665 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $129,493 |
| 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. | $21,151 |
| Compensation of current officers, directors, key employees. | $4,230 |
| 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 | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,178 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $486 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $5,953 |
| Information technology | $4,445 |
| 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 | $68,151 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $525 |
| All other expenses | $0 |
| Total functional expenses | $105,889 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $24,882 |
| Savings and temporary cash investments | $3,735 |
| 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 | $2,500 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $35,656 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $66,773 |
| 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 | $66,773 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $66,773 |
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