Mississippi Veterinary Medical Association is located in Clinton, MS. The organization was established in 1963. 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. Mississippi Veterinary Medical Association 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, Mississippi Veterinary Medical Association generated $225.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.9%) each year. All expenses for the organization totaled $201.9k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (3.1%) per year over the past 7 years. 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
TO PROMOTE VETERINARIANS AS A MEDICAL PROFESSIONAL PROTECTING ANIMAL AND PUBLIC HEALTH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION HELD CONFERENCES WHICH ALLOWED THE ORGANIZATION'S 700+ MEMBERS THE OPPORTUNITY TO NETWORK AND OBTAIN CONTINUING PROFESSIONAL EDUCATION IN THE ADVANCEMENT OF THE SCIENCE AND ART OF VETERINARY MEDICINE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Kent Holifield DVM Past President | OfficerTrustee | 1 | $0 |
Jack D Smith DVM President | OfficerTrustee | 1 | $0 |
Tim Fleming DVM President Elect | OfficerTrustee | 1 | $0 |
Stanley Robertson DVM Treasurer | OfficerTrustee | 1 | $0 |
Todd Sullivan DVM Vice President | OfficerTrustee | 1 | $0 |
Deanna Dillard Executive Director | Officer | 40 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $85,670 |
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 | $85,670 |
Total Program Service Revenue | $139,446 |
Investment income | $14 |
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 | $225,130 |
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 | $60,000 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $1,290 |
Fees for services: Lobbying | $21,400 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $6,000 |
Advertising and promotion | $0 |
Office expenses | $16,321 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $1,093 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $65,151 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $1,725 |
All other expenses | $28,880 |
Total functional expenses | $201,860 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $258,519 |
Savings and temporary cash investments | $163,972 |
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 | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $422,491 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
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 | $0 |
Net assets without donor restrictions | $274,072 |
Net assets with donor restrictions | $148,419 |
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 | $422,491 |
Organization Name | Assets | Revenue |
---|---|---|
Pet Community Center Inc Nashville, TN | $1,189,232 | $2,328,198 |
Low Cost Animal Medical Center New Orleans, LA | $370,702 | $1,527,100 |
Tennessee Veterinary Medical Association Fayetteville, TN | $1,081,349 | $677,422 |
Robinsons Rescue Inc Shreveport, LA | $1,284,866 | $737,500 |
American Board Of Veterinary Practitioners Inc Mt Juliet, TN | $941,163 | $390,790 |
Arkansas Veterinary Medical Association Little Rock, AR | $497,598 | $330,849 |
Alabama Veterinary Medical Association Fayetteville, TN | $723,915 | $245,645 |
Mississippi Veterinary Medical Association Clinton, MS | $422,491 | $225,130 |
Alabama Veterinary Medical Foundation Pike Road, AL | $365,556 | $249,626 |
American Veterinary Medical Association Baton Rouge, LA | $119,577 | $0 |
Animal Aid Athens, TN | $26,309 | $0 |
Southeast Louisiana Veterinary Association Inc Destrehan, LA | $210,077 | $0 |