Nebraska Veterinary Medical Association Inc
- Assets
- $495.3k
- Revenue
- $282.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Hastings, NE
- Founding
- 06/1961
- Data as of
- 12/2019
- EIN
- 47-0439949
Organization Overview
Nebraska Veterinary Medical Association Inc is located in Hastings, NE. 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 12/2019, Nebraska Veterinary Medical Association Inc generated $282.1k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 4.4% each year. All expenses for the organization totaled $206.3k during the year ending 12/2019. 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
2019
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE SERVICES TO FACILITATE EXCHANGE OF TECHNIQUES TO IMPROVE VETERINARY MEDICINE, ANIMAL HEALTH, AND 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Steve Krull Secretary-Treasurer | Officer | 0 | $0 |
Dr Victoria Winfield Past President | Officer | 0 | $0 |
Dr Jeremy Young President-Elect | Officer | 0 | $0 |
Dr Larry Henning President | Officer | 0 | $0 |
Dr Kelly Heath District Director | Trustee | 0 | $0 |
Dr Beth Soulliere District Director | Trustee | 0 | $0 |
Financial Statements
| 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 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Nebraska Veterinary Medical Association Inc has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
American Veterinary Medical Foundation Schaumburg, IL PURPOSE: DISASTER GRANT | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American Animal Hospital Association Lakewood, CO | $17,280,224 | $11,625,413 |
Planned Pethood International Wheat Ridge, CO | $1,815,782 | $4,506,827 |
American Association Of Swine Veterinarians Perry, IA | $2,430,882 | $1,302,455 |
Nebraska Wildlife Rehab Inc Omaha, NE | $5,401,691 | $3,114,357 |
Colorado Veterinary Medical Assn Denver, CO | $1,280,969 | $929,872 |
Missouri Veterinary Medical Association Jefferson City, MO | $603,609 | $694,318 |
Iowa Veterinary Medical Association Ankeny, IA | $2,703,399 | $791,101 |
Kansas Veterinary Medical Assn- Kvma Lyndon, KS | $46,472 | $128,071 |
Pet Care Coalition Inc Aurora, CO | $8,807 | $375,834 |
American Association Of Swine Veterinarians Foundation Perry, IA | $2,900,244 | $362,398 |
Academy Of Veterinary Consultants Inc Fort Collins, CO | $972,440 | $397,257 |
Nebraska Veterinary Medical Association Inc Hastings, NE | $495,292 | $282,117 |