American Veterinary Medical Association is located in Schaumburg, IL. The organization was established in 1947. 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 a subordinate organization within an affiliated group for tax-exemption purposes. American 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 08/2021, American Veterinary Medical Association generated $541.5k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (0.5%) each year. All expenses for the organization totaled $483.9k during the year ending 08/2021. As we would expect to see with falling revenues, expenses have declined by (3.6%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, American Veterinary Medical Association has awarded 19 individual grants totaling $391,720. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTE THE INTERESTS OF STUDENTS ENTERING THE FIELD OF VETERINARY MEDICINE
Describe the Organization's Program Activity:
Part 3 - Line 4a
ANNUAL CONVENTION HELD IN MARCH TO PROMOTE THE INTERESTS OF STUDENTS ENTERING THE PROFESSION
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Hidayah Martinez - Jaka President Elect - Past | Officer | 5 | $0 |
Brooke Macneill Secretary Elect - Past | Officer | 5 | $0 |
Ilissa Chasnick Treasurer Elect - Past | Officer | 5 | $0 |
Laci Taylor Int Exch Off Elect - Past | Officer | 5 | $0 |
Hanna Netisingha Comm & Pr Off - New | Officer | 5 | $0 |
Sarah Delmotte Savma Editor - Elect - Past | Officer | 5 | $0 |
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 | $231,063 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $231,063 |
Total Program Service Revenue | $272,376 |
Investment income | $72 |
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 | $541,542 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $104,820 |
Grants and other assistance to domestic individuals. | $85,574 |
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 | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $3,130 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $4,270 |
Information technology | $28,738 |
Royalties | $0 |
Occupancy | $0 |
Travel | $15,269 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $3,637 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $2,302 |
Total functional expenses | $483,896 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $484,152 |
Savings and temporary cash investments | $328,357 |
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 | $812,509 |
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 | $812,509 |
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 | $812,509 |
Over the last fiscal year, American Veterinary Medical Association has awarded $43,000 in support to 2 organizations.
Grant Recipient | Amount |
---|---|
Schaumburg, IL PURPOSE: GENERAL SUPPORT | $37,000 |
Schaumburg, IL PURPOSE: GENERAL SUPPORT | $6,000 |
Over the last fiscal year, we have identified 1 grants that American Veterinary Medical Association has recieved totaling $35,000.
Awarding Organization | Amount |
---|---|
American Veterinary Medical Association Schaumburg, IL PURPOSE: SYMPOSIUM SUPPORT | $35,000 |
Organization Name | Assets | Revenue |
---|---|---|
Bloomington Pets Alive Inc Bloomington, IN | $489,697 | $1,264,185 |
American Association Of Swine Veterinarians Perry, IA | $2,430,882 | $1,302,455 |
Lazarus Veterinary Clinics Inc Deforest, WI | $3,106,267 | $911,645 |
Indiana Veterinary Medical Association Indianapolis, IN | $1,134,053 | $760,556 |
Missouri Veterinary Medical Association Jefferson City, MO | $603,609 | $694,318 |
Iowa Veterinary Medical Association Ankeny, IA | $2,703,399 | $791,101 |
Oconnor Foundation Willow Springs, IL | $949,507 | $688,917 |
Love Pet Project Inc Zionsville, IN | $60,735 | $390,047 |
American Veterinary Medical Association Schaumburg, IL | $812,509 | $541,542 |
Kentucky Veterinary Medical Association Inc Frankfort, KY | $1,223,072 | $399,510 |
Four Precious Paws Low Cost Spay & Neuter Clinic Inc Kokomo, IN | $27,951 | $337,111 |
Chicago Veterinary Medical Association Burr Ridge, IL | $586,085 | $315,745 |