Florida Veterinary Medical Association Inc
- Assets
- $8.0m
- Revenue
- $3.6m
- Investments
- $0.0
- Employees
- 47
- Location
- Orlando, FL
- Founding
- 07/1976
- Data as of
- 12/2021
- EIN
- 59-0934733
Organization Overview
Florida Veterinary Medical Association Inc is located in Orlando, FL. The organization was established in 1976. According to its NTEE Classification (D40) the organization is classified as: Veterinary Services, under the broad grouping of Animal-Related and related organizations. As of 12/2021, Florida Veterinary Medical Association Inc employed 47 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Florida 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, Florida Veterinary Medical Association Inc generated $3.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.1% each year. All expenses for the organization totaled $3.4m during the year ending 12/2021. While expenses have increased by 5.5% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTE AWARENESS & PROPER PET CARE
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEETINGS, SEMINARS, ETC. TO TRAIN THE PUBLIC AND PROFESSIONALS IN THE WELL-BEING, CARE, AND TREATMENT OF PETS.
THE FVMA OFFERS CERTIFICATION FOR GRADUATE VETERINARY TECHNICIAN STUDENTS AND VETERINARY ASSISTANT STUDENTS.
ANNUAL CONVENTIONS FOR VETERINARIANS AND VETERINARY TEAM MEMBERS.
PROVIDE CONTINUING EDUCATION COURSE BOOKLETS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jim Naugle Interim Executive Director | Officer | 40 | $120,000 |
Richard Sutliff DVM President | Officer | 0 | $0 |
Marth Lista DVM President-Elect | Officer | 0 | $0 |
Donald H Morgan DVM Treasurer | Officer | 0 | $0 |
Mary Smart DVM Past President | Officer | 0 | $0 |
Richard B Williams DVM Avma Alternate Delegate | 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 | $2,353,649 |
| Investment income | $182,216 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $485,174 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $612,599 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,633,638 |
| 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 | $810,588 |
| Pension plan accruals and contributions | $28,521 |
| Other employee benefits | $89,417 |
| Payroll taxes | $67,683 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $6,089 |
| Fees for services: Accounting | $10,849 |
| Fees for services: Lobbying | $57,330 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $172,951 |
| Information technology | $53,327 |
| Royalties | $0 |
| Occupancy | $57,190 |
| Travel | $46,028 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,643,409 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $65,299 |
| Insurance | $22,804 |
| All other expenses | $0 |
| Total functional expenses | $3,352,696 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,314,383 |
| Savings and temporary cash investments | $5,352,846 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $101,373 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $2,926 |
| Prepaid expenses and deferred charges | $88,575 |
| Net Land, buildings, and equipment | $1,127,515 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,345 |
| Total assets | $7,989,963 |
| Accounts payable and accrued expenses | $504,732 |
| Grants payable | $0 |
| Deferred revenue | $846,158 |
| 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 | $1,350,890 |
| Net assets without donor restrictions | $6,639,073 |
| 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 | $7,989,963 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Florida Veterinary Medical Association Inc Orlando, FL | $7,989,963 | $3,633,638 |
Veterinary Hospital Managers Association Inc Alachua, FL | $2,484,779 | $1,847,673 |
American Association Of Zoo Veterinarians Jacksonville, FL | $1,832,680 | $1,056,321 |
Misfit Spay Neuter Clinic Inc Tavares, FL | $258,042 | $970,182 |
Frankies Friends Inc Tampa, FL | $2,333,465 | $1,335,045 |
Georgia Veterinary Medical Association Inc Norcross, GA | $2,044,998 | $1,004,458 |
Be The Solution Inc Tallahassee, FL | $280,216 | $672,827 |
Miami Veterinary Foundation Inc Miami, FL | $332,161 | $733,434 |
Catsnip Cares Foundation Snellville, GA | $159,651 | $637,171 |
Treasure Coast Wildlife Hospital Inc Palm City, FL | $1,495,598 | $803,655 |
Chase Animal Rescue And Sanctuary Inc Webster, FL | $37,149 | $365,112 |
All For The Critters Inc Clewiston, FL | $0 | $315,501 |