Michigan Veterinary Medical Assn
- Assets
- $1.7m
- Revenue
- $1.3m
- Investments
- $0.0
- Employees
- 6
- Location
- Okemos, MI
- Founding
- 06/1945
- Data as of
- 12/2021
- EIN
- 38-1485391
Organization Overview
Michigan Veterinary Medical Assn is located in Okemos, MI. The organization was established in 1945. 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 12/2021, Michigan Veterinary Medical Assn employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Michigan Veterinary Medical Assn 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 12/2021, Michigan Veterinary Medical Assn generated $1.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.3% each year. All expenses for the organization totaled $1.3m during the year ending 12/2021. While expenses have increased by 2.4% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE THE SCIENCE AND ART OF VETERINARY MEDICINE AND ITS RELATED BRANCHES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MICHIGAN VETERINARY CONFERENCE/ANNUAL MEETING SERVED 809 PEOPLE. INCLUDES CONTINUING EDUCATION, OPPORTUNITIES, AND A FORUM FOR PROFESSIONAL DEVELOPMENT.
VIRTUAL SUMMER CONFERENCE SERVED 100 PEOPLE. ELEVATES STANDARDS OF VETERINARY MEDICINE BY OFFERING CONTINUING EDUCATION.
MVMA SEMINAR SERIES FOR VETERINARY EDUCATION SERVED APPROXIMATELY 552 MEMBERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Tramontana Cae Executive Director | Officer | 40 | $152,112 |
Christian Ast DVM President | OfficerTrustee | 1 | $0 |
Erin Howard DVM President-Elect | OfficerTrustee | 1 | $0 |
Melissa Owings DVM Immediate Past President | OfficerTrustee | 1 | $0 |
Dana Tatman-Lilly DVM 2nd Vice President | OfficerTrustee | 1 | $0 |
Larry Letsche DVM VP & Treasurer | OfficerTrustee | 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 | $1,030,300 |
| Investment income | $25,846 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $43,276 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $64,132 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,300,654 |
| 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. | $199,752 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $300,103 |
| Pension plan accruals and contributions | $41,974 |
| Other employee benefits | $52,960 |
| Payroll taxes | $34,702 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $5,808 |
| Fees for services: Accounting | $16,420 |
| Fees for services: Lobbying | $18,320 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $41,170 |
| Fees for services: Other | $6,235 |
| Advertising and promotion | $0 |
| Office expenses | $40,999 |
| Information technology | $30,833 |
| Royalties | $0 |
| Occupancy | $21,320 |
| Travel | $8,123 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $386,594 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $18,198 |
| Insurance | $3,223 |
| All other expenses | $4,765 |
| Total functional expenses | $1,336,904 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $311,457 |
| 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 | $214,919 |
| Investments—publicly traded securities | $1,150,194 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,676,570 |
| Accounts payable and accrued expenses | $21,097 |
| Grants payable | $0 |
| Deferred revenue | $23,388 |
| 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 | $44,485 |
| Net assets without donor restrictions | $1,632,085 |
| 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 | $1,676,570 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Michigan Veterinary Medical Assn Okemos, MI | $1,676,570 | $1,300,654 |
Bloomington Pets Alive Inc Bloomington, IN | $489,697 | $1,264,185 |
Lazarus Veterinary Clinics Inc Deforest, WI | $3,106,267 | $911,645 |
Altercare Animal Clinic Canton, OH | $398,802 | $974,570 |
Indiana Veterinary Medical Association Indianapolis, IN | $1,134,053 | $760,556 |
Love Pet Project Inc Zionsville, IN | $60,735 | $390,047 |
Four Precious Paws Low Cost Spay & Neuter Clinic Inc Kokomo, IN | $27,951 | $337,111 |
Fox Valley Veterans Council Incorporated Appleton, WI | $313,599 | $327,298 |
Public Vet Bloomington, IN | $82,001 | $230,819 |
American Society For Veterinary Clinical Pathology Madison, WI | $268,873 | $0 |
Southeastern Michigan Veterinary Medical Association Rochester Hills, MI | $311,996 | $107,457 |
Wildcare Inc Bloomington, IN | $13,810 | $0 |