Florida Veterinary Medical Association Inc
- Assets
- $6.6m
- Revenue
- $3.6m
- Investments
- $0.0
- Employees
- 47
- Location
- Orlando, FL
- Founding
- 07/1976
- Data as of
- 12/2022
- 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 12/2022, 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 12/2022, Florida Veterinary Medical Association Inc generated $3.6m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.2% each year. All expenses for the organization totaled $3.4m during the year ending 12/2022. While expenses have increased by 5.0% per year over the past 8 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
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.
PROVIDE CONTINUING EDUCATION COURSE BOOKLETS.
THE FVMA OFFERS CERTIFICATION FOR GRADUATE VETERINARY TECHNICIAN STUDENTS AND VETERINARY ASSISTANT STUDENTS.
ANNUAL CONVENTIONS FOR VETERINARIANS AND VETERINARY TEAM MEMBERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ernest C Godfrey DVM Avma Delegate | Trustee | 0 | $0 |
Richard B Williams DVM Avma Alternate Delegate | Trustee | 0 | $0 |
Beth S Keser DVM Director | Trustee | 0 | $0 |
Thomas E Hester DVM Director | Trustee | 0 | $0 |
Todd Fulton DVM Director | Trustee | 0 | $0 |
Donald Howell DVM 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 | $3,340,854 |
| Investment income | $146,375 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $130,743 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$41,038 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,576,934 |
| 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. | $142,730 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $771,820 |
| Pension plan accruals and contributions | $28,610 |
| Other employee benefits | $67,422 |
| Payroll taxes | $66,930 |
| Fees for services: Management | $6,377 |
| Fees for services: Legal | $16,504 |
| Fees for services: Accounting | $10,275 |
| Fees for services: Lobbying | $56,391 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $196,291 |
| Information technology | $60,499 |
| Royalties | $0 |
| Occupancy | $54,323 |
| Travel | $56,070 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,627,947 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $57,241 |
| Insurance | $32,348 |
| All other expenses | $0 |
| Total functional expenses | $3,388,981 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,249,789 |
| Savings and temporary cash investments | $4,299,335 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $55,629 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $1,155 |
| Prepaid expenses and deferred charges | -$99,831 |
| Net Land, buildings, and equipment | $1,124,096 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,345 |
| Total assets | $6,632,518 |
| Accounts payable and accrued expenses | $399,943 |
| Grants payable | $0 |
| Deferred revenue | $526,723 |
| 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 | $926,666 |
| Net assets without donor restrictions | $5,705,852 |
| 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 | $6,632,518 |