Georgia Veterinary Medical Association Inc
- Assets
- $1.8m
- Revenue
- $1.0m
- Investments
- $0.0
- Employees
- 0
- Location
- Norcross, GA
- Founding
- 12/1961
- Data as of
- 12/2022
- EIN
- 58-0659110
Organization Overview
Georgia Veterinary Medical Association Inc is located in Norcross, GA. 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. Georgia 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 12/2022, Georgia Veterinary Medical Association Inc generated $1.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.7% each year. All expenses for the organization totaled $1.0m during the year ending 12/2022. While expenses have increased by 4.4% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
THE GEORGIA VETERINARY MEDICAL ASSOCIATION IS COMMITTED TO ADVANCING THE VETERINARY MEDICAL PROFESSION AND SUPPORTING THE VETERINARIAN'S ROLE IN IMPROVING ANIMAL AND PUBLIC HEALTH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ORGANIZE MEETINGS DURING THE YEAR TO PROVIDE VETERINARIANS WITH REQUIRED CONTINUING EDUCATION HOURS FOR PROFESSIONAL LICENSURE. THIS EDUCATION INCLUDES BOTH VETERINARY AND LEGAL EDUCATION NEEDED FOR MEMBERS.
QUARTERLY NEWSLETTER - GEORGIA VETERINARIAN - PROVIDES PROFESSIONAL MEDICAL, BUSIESS AND PRACTICE MANAGEMENT INFORMATION FOR VETERINARIANS. IT PROVIDES UP TO DATE INFORMATION TO GEORGIA'S VETERINARIANS AND IT CONTINUES TO GROW WITH THE PROFESSION. THE PUBLICATION IS HIGHLY VALUED BY GVMA MEMBERS AND IS CONTINUALLY CITED AS ONE OF THE TOP BENEFITS OF MEMBERSHIP. IT REACHES MORE THAN 3,000 VETERINARIANS, TECHNICIANS, STUDENTS AND INDUSTRY LEADERS. IT IS FREE TO MEMBERS.
MULTIPLE PROGRAMS CONVENIENTLY LOCATED FOR EDUCATION AND SERVICES WHICH SUPPORT THE VETERINARIANS ROLE IN IMPROVING ANIMAL AND PUBLIC HEALTH.IN ADDITION, A PROGRAM TO ASSIST MEMBERS WITH LEGAL, FINANCIAL AND HR ISSUES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jackie Luckstone Director | Trustee | 0 | $0 |
Kathryn Strickland Director | Trustee | 0 | $0 |
William Wright Director | Trustee | 0 | $0 |
Shannon Wylie Director | Trustee | 0 | $0 |
Hiro Iwamoto Director | Trustee | 0 | $0 |
Tasha Axam Director | Trustee | 0 | $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 | $897,205 |
| Investment income | $23,291 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $16,627 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,014,819 |
| 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 | $425,365 |
| Pension plan accruals and contributions | $6,842 |
| Other employee benefits | $42,999 |
| Payroll taxes | $37,703 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $7,000 |
| Fees for services: Accounting | $13,400 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $24,225 |
| Advertising and promotion | $0 |
| Office expenses | $53,293 |
| Information technology | $16,780 |
| Royalties | $0 |
| Occupancy | $2,674 |
| Travel | $16,405 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $177,105 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $75,128 |
| Total functional expenses | $1,031,195 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $379,285 |
| Savings and temporary cash investments | $0 |
| 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 | $5,098 |
| Net Land, buildings, and equipment | $1,246 |
| Investments—publicly traded securities | $1,422,611 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $29,290 |
| Total assets | $1,837,530 |
| Accounts payable and accrued expenses | $29,650 |
| Grants payable | $0 |
| Deferred revenue | $375,641 |
| 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 | $6,230 |
| Total liabilities | $411,521 |
| Net assets without donor restrictions | $1,426,009 |
| 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 | $1,837,530 |
Grants Awarded
Over the last fiscal year, Georgia Veterinary Medical Association Inc has awarded $50,653 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
GEORGIA FFA FOUNDATION INC PURPOSE: SPONSORSHIP OF THE VETERINARY SCIENCE CAREER DEVELOPMENT EVENT (CDE). THE PURPOSE OF THE VETERINARY SCIENCE CDE WOULD BE TO TEST STUDENTS' KNOWLEDGE AND SKILL IN VARIOUS ASPECTS OF VETERINARY SCIENCE. THE TEAM EVENT INCLUDES IDENTIFICATION OF EQUIPMENT, PARASITES AND ANIMAL BREEDS, AS WELL AS A HANDLING AND RESTRAINING PRACTICUM, A CLINICAL PROCEDURE PRACTICUM AND A WRITTEN EXAM INVOLVING KNOWLEDGE OF THE VETERINARY SCIENCE FIELD. THE PURPOSE OF THE EVENT IS TO PROMOTE COLLEGE AND CAREER READINESS BY PROVIDING OPPORTUNITIES TO DEVELOP TECHNICAL KNOWLEDGE AND DEMONSTRATE PRACTICAL SKILLS IN THE FIELD OF VETERINARY SCIENCE IN THE AREAS OF: ANATOMY AND PHYSIOLOGY, CLINICAL PROCEDURES, IDENTIFICATION, HEALTH AND SAFETY AND MEDICAL TERMINOLOGY | $9,200 |
GEORGIA FOUNDATION FOR AGRICULTURE INC PURPOSE: THE GEORGIA FARM BUREAU'S MOBILE PROJECT. THE MOBILE CLASSROOM, AIMED AT MIDDLE SCHOOL STUDENTS, WILL BE BASED ON STEM LESSON PLANS TO HELP TEACHERS IN MEETING THOSE STANDARDS. THERE WILL BE EIGHT STATIONS (ALL COMMODITY BASED AREAS OF AGRICULTURE): POULTRY, PEANUTS, COTTON, BEEF AND DIARY, FORESTRY, ENVIORNMENTAL HORTICULTURE, FRUITS/VEGETABLES/PECANS AND CAREERS IN AGRICULTURE. STATIONS WILL BE A COMBINATION OF VIDEO GAMES, AUGMENTED REALITY, HOLOGRAMS AND VIDEOS. | $41,453 |