American Animal Hospital Association
- Assets
- $16.8m
- Revenue
- $12.5m
- Investments
- $0.0
- Employees
- 72
- Location
- Lakewood, CO
- Founding
- 12/1961
- Data as of
- 06/2023
- EIN
- 35-1043944
Organization Overview
American Animal Hospital Association is located in Lakewood, CO. The organization was established in 1961. According to its NTEE Classification (D40) the organization is classified as: Veterinary Services, under the broad grouping of Animal-Related and related organizations. As of 06/2023, American Animal Hospital Association employed 72 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Animal Hospital 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 06/2023, American Animal Hospital Association generated $12.5m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.2% each year. All expenses for the organization totaled $13.9m during the year ending 06/2023. While expenses have increased by 1.3% 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
SIMPLIFY THE JOURNEY TOWARDS EXCELLENCE FOR VETERINARY PRACTICES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEETINGS AND EDUCATION: ACTIVITIES TO IMPROVE THE QUALITY OF COMPANION ANIMAL VETERINARY CARE, TO ENHANCE THE EFFECTIVENESS AND EFFICIENCY OF ANIMAL PRACTICES AND FOR PROFESSIONAL DEVELOPMENT OF THE ENTIRE VETERINARY STAFF INCLUDING NEW DEVELOPMENTS AND INDUSTRY TRENDS, PROCESSES, AND PRODUCTS.
PUBLICATIONS AND ADVERTISING: ACTIVITIES INCLUDING VARIOUS PUBLICATIONS FOR THE VETERINARY PROFESSIONAL AS WELL AS CONSUMERS, INCLUDING AN INDUSTRY RECOGNIZED VETERINARY MAGAZINE AND A SCIENTIFIC JOURNAL.
MEMBERSHIP SERVICES: ACTIVITIES TO FURTHER THE UNDERSTANDING OF MEDICAL AND PRACTICE ISSUES AFFECTING VETERINARIANS AND OTHER VETERINARY PROFESSIONALS. ALSO INCLUDES ACTVITIES TO RECRUIT VETERINARY SCHOOL STUDENTS, AS WELL AS PROMOTION OF THE PROFESSION TO THE PUBLIC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Margot Vagrenwald DVM President | OfficerTrustee | 1 | $0 |
Adam Hechko DVM Immediate Past President | OfficerTrustee | 1 | $0 |
Mark Thompson DVM Ccrp President-Elect | OfficerTrustee | 1 | $0 |
Scott Driever Dmv Vice President | OfficerTrustee | 1 | $0 |
Dermot Jevens DVM Mvb Dacvs Secretary, Treasurer | OfficerTrustee | 1 | $0 |
Cheryl Smith Cvpm Director | Trustee | 1 | $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 | $9,626,834 |
| Investment income | $193,973 |
| Tax Exempt Bond Proceeds | $1,169,604 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $238,360 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $814,052 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $12,507,022 |
| 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. | $1,112,675 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,519,012 |
| Pension plan accruals and contributions | $194,228 |
| Other employee benefits | $522,492 |
| Payroll taxes | $441,895 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $38,579 |
| Fees for services: Accounting | $28,250 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $27,432 |
| Fees for services: Other | $0 |
| Advertising and promotion | $233,999 |
| Office expenses | $21,084 |
| Information technology | $1,066,301 |
| Royalties | $23,367 |
| Occupancy | $120,058 |
| Travel | $1,092,039 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $506,671 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $171,547 |
| Insurance | $20,434 |
| All other expenses | $321,074 |
| Total functional expenses | $13,937,656 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,032,432 |
| Savings and temporary cash investments | $8,385,399 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,198,679 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $247,344 |
| Prepaid expenses and deferred charges | $905,335 |
| Net Land, buildings, and equipment | $521,795 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $467,172 |
| Total assets | $16,758,156 |
| Accounts payable and accrued expenses | $1,162,500 |
| Grants payable | $0 |
| Deferred revenue | $5,537,552 |
| 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 | $597,990 |
| Total liabilities | $7,298,042 |
| Net assets without donor restrictions | $9,460,114 |
| 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 | $16,758,156 |