Wisconsin Veterinary Medical Association is located in Madison, WI. The organization was established in 1963. According to its NTEE Classification (D03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Animal-Related and related organizations. As of 12/2021, Wisconsin Veterinary Medical Association employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wisconsin 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 12/2021, Wisconsin Veterinary Medical Association generated $809.2k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.6%) each year. All expenses for the organization totaled $604.8k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (7.0%) 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO ADVOCATE AND PROMOTE VETERINARY MEDICINE WHILE ENRICHING ANIMAL AND HUMAN HEALTH
Describe the Organization's Program Activity:
Part 3 - Line 4a
PUBLIC POLICY REPRESENTATION ON TOPICS IMPORTANT TO VETERINARY MEDICINE AND SMALL BUSINESS.
PUBLIC RELATIONS AND PROMOTION OF THE VETERINARY PROFESSION.
MEMBER MEETINGS AND ONLINE TRAINING
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Howard Ketover DVM President | OfficerTrustee | $0 | |
David Jeans DVM Treasurer | OfficerTrustee | $0 | |
Sarah Novak DVM President-El | OfficerTrustee | $0 | |
Tom Bach DVM Past Preside | OfficerTrustee | $0 | |
Jo-Ell Carson Executive Di | Officer | 40 | $0 |
Becky Johnson DVM Director | Trustee | $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 | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $752,822 |
Investment income | $30,354 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $25,991 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $809,167 |
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. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $271,930 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $48,467 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $30,964 |
Fees for services: Accounting | $18,426 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $44,527 |
Office expenses | $15,740 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $59,501 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $1,003 |
Insurance | $0 |
All other expenses | $28,778 |
Total functional expenses | $604,840 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | -$1 |
Savings and temporary cash investments | $736,808 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $19,810 |
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 | $1,473 |
Investments—publicly traded securities | $840,423 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $58,842 |
Total assets | $1,657,355 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $576,877 |
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 | $6,726 |
Total liabilities | $583,603 |
Net assets without donor restrictions | $1,073,752 |
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 | $1,657,355 |
Organization Name | Assets | Revenue |
---|---|---|
Fass Inc Champaign, IL | $2,738,049 | $2,334,774 |
Bearing Specialists Association Glen Ellyn, IL | $444,792 | $1,248,054 |
Wisconsin State Horse Council Incorporated Columbus, WI | $2,198,959 | $1,909,508 |
American College Of Veterinary Pathologists Chicago, IL | $6,357,168 | $4,214,506 |
Animal Behavior Society Inc Glenview, IL | $2,680,141 | $618,698 |
Illinois State Veterinary Medical Association Springfield, IL | $1,296,779 | $730,828 |
Wisconsin Veterinary Medical Association Madison, WI | $1,657,355 | $809,167 |
International Slurry Seal Association Glen Ellyn, IL | $1,542,530 | $445,429 |
American Registry Of Professional Animal Scientists Inc Champaign, IL | $528,239 | $353,894 |
Tiger Athletic Assn Of Aurora Aurora, IL | $306,055 | $301,377 |
National Wildlife Rehabilitators Association Bloomington, MN | $1,068,193 | $380,104 |
American Hackney Horse Society Downers Grove, IL | $856,640 | $268,276 |