Nebraska Veterinary Medical Association Inc is located in Lyndon, KS. The organization was established in 1961. 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. Nebraska Veterinary Medical Association Inc 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, Nebraska Veterinary Medical Association Inc generated $282.1k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.7% each year. All expenses for the organization totaled $206.3k during the year ending 12/2021. 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
PROVIDE SERVICES TO FACILITATE EXCHANGE OF TECHNIQUES TO IMPROVE VETERINARY MEDICINE, ANIMAL HEALTH & PROMOTE ANIMAL INDUSTRIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION'S PRIMARY ACCOMPLISHMENT IS THE DISTRIBUTION OF INFORMATION RELATING TO VETERINARY MEDICINE THROUGH USE OF NEWSLETTERS, CONVENTIONS, AND VARIOUS MEDIA.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Dr Emily Buettner District Dir | OfficerTrustee | $0 | |
Dr Doug Eisenmann District Dir | OfficerTrustee | $0 | |
Dr Kelly Heath District Dir | OfficerTrustee | $0 | |
Dr Melissa Heberer District Dir | OfficerTrustee | $0 | |
Dr Dennis Hughes Ex-Officio M | OfficerTrustee | $0 | |
Dr Sarah Joy Director-At | OfficerTrustee | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $110,274 |
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 | $110,274 |
Total Program Service Revenue | $106,748 |
Investment income | $49,663 |
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 | $282,117 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $475 |
Grants and other assistance to domestic individuals. | $1,700 |
Grants and other assistance to Foreign Orgs/Individuals | $2,934 |
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 | $46,913 |
Fees for services: Legal | $20 |
Fees for services: Accounting | $3,519 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $5,851 |
Advertising and promotion | $3,758 |
Office expenses | $0 |
Information technology | $302 |
Royalties | $83,245 |
Occupancy | $0 |
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 | $219 |
Insurance | $0 |
All other expenses | $3,309 |
Total functional expenses | $206,293 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $92,543 |
Savings and temporary cash investments | $57,216 |
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 | $6,412 |
Net Land, buildings, and equipment | $67 |
Investments—publicly traded securities | $338,847 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $207 |
Total assets | $495,292 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $120,021 |
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 | $120,021 |
Net assets without donor restrictions | $284,266 |
Net assets with donor restrictions | $91,005 |
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 | $495,292 |