Southeastern Michigan Veterinary Medical Association
- Assets
- $312.0k
- Revenue
- $107.5k
- Investments
- $0.0
- Employees
- 1
- Location
- Rochester Hills, MI
- Founding
- 06/1950
- Data as of
- 06/2022
- EIN
- 38-6091471
Organization Overview
Southeastern Michigan Veterinary Medical Association is located in Rochester Hills, MI. The organization was established in 1950. 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 an independent organization and not affiliated with a larger national or regional group of organizations. Southeastern Michigan 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 06/2022, Southeastern Michigan Veterinary Medical Association generated $107.5k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.3%) each year. All expenses for the organization totaled $119.7k during the year ending 06/2022. 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
TO PROVIDE CONTINUING EDUCATION TO VETERINARIANS AND TECHNICIANS AND TO ENCOURAGE PUBLIC AWARENESS OF PET HEALTH ISSUES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED CONTINUING EDUCATION TO VETERINARIANS AND TECHNICIANS AND ENCOURAGED PUBLIC AWARENESS OF PET HEALTH ISSUES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Grace Chang Secretary | Officer | 5 | $0 |
Becky Dietlin Vice Preside | Officer | 5 | $0 |
Michele Meyer President | Officer | 5 | $0 |
Nicole Grube Immediate Pa | Officer | 5 | $0 |
Lucia H Shields-Henney Treasurer | Officer | 5 | $0 |
Emily Socks President El | Officer | 5 | $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 | $78,594 |
| Investment income | $9,536 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $7,972 |
| Net Income from Fundraising Events | $7,135 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $107,457 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $10,000 |
| 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 | $24,948 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $1,956 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,470 |
| 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 | $8,858 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $6,600 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $51,590 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $459 |
| All other expenses | $409 |
| Total functional expenses | $119,747 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $42,944 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $37,173 |
| 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 | $231,879 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $311,996 |
| Accounts payable and accrued expenses | $42 |
| 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 | $42 |
| Net assets without donor restrictions | $0 |
| 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 | $311,954 |
| Total liabilities and net assets/fund balances | $311,996 |
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 |