Iowa-Veterinary Medical Association Foundation is located in Ankeny, IA. The organization was established in 1966. 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. Iowa-Veterinary Medical Association Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Iowa-Veterinary Medical Association Foundation generated $53.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (6.7%) each year. All expenses for the organization totaled $78.2k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
SCHOLARSHIP FUNDING AND FINANCIAL SUPPORT IS PROVIDED BOTH TO IOWA STATE UNIVERSITY AND TO SELECTED INDIVIDUAL STUDENTS ATTENDING THE UNIVERSITY'S SCHOOL OF VETERINARY MEDICINE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Dr Robert Freese Director | 0.25 | $0 | |
Dr Kim Van Driel Director | 0.25 | $0 | |
Dr Jennifer Hosch Director | 0.25 | $0 | |
Dr Jared Danielson Director | 0.25 | $0 | |
Dr Megan Hindman President | 0.75 | $0 | |
Dr David Larson Vice Preside | 0.25 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $31,185 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $9,942 |
Gain or Loss | $3,371 |
Net Income from Gaming & Fundraising | $9,303 |
Other Revenue | $0 |
Total Revenue | $53,801 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $4,697 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $457 |
Other expenses | $0 |
Total expenses | $78,154 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $365,045 |
Other assets | $0 |
Total assets | $365,045 |
Total liabilities | $0 |
Net assets or fund balances | $365,045 |