Arkansas Veterinary Medical Association
- Assets
- $497.6k
- Revenue
- $330.8k
- Investments
- $21.8k
- Employees
- 0
- Location
- Little Rock, AR
- Founding
- 06/1975
- Data as of
- 09/2022
- EIN
- 71-0461223
Organization Overview
Arkansas Veterinary Medical Association is located in Little Rock, AR. The organization was established in 1975. 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. Arkansas 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 09/2022, Arkansas Veterinary Medical Association generated $330.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.4% each year. All expenses for the organization totaled $258.7k during the year ending 09/2022. 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 ASSOCIATION PREPARES A NEWSLETTER TO COMMUNICATE INFORMATION TO MEMBERS, ORGANIZES ANNUAL MEETINGS AT WHICH NEW DEVELOPMENTS IN THE PROFESSION ARE DISCUSSED AND EXPERT SPEAKERS SHARE UPDATES TO KEEP MEMBERS INFORMED ABOUT LATEST DEVELOPMENTS IN THE MEDICAL FIELD AND GENERAL INFORMATION ABOUT THE VETERINARY MEDICAL FIELD IN ARKANSAS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WINTER MEETING IS HELD WHERE INFORMATION IS SHARED AND MEMBERS ARE UPDATED ON INDUSTRY CHANGES AND NEW TECHNOLOGY INCLUDING CONTINUING PROFESSIONAL EDUCATION. OVER 400 ATTENDED. COSTS INCLUDE DIRECT AND INDIRECT COSTS.
NEW GRADUATE LEADERSHIP/MENTORING IS A PROGRAM DESIGNED TO PROMOTE INVOLVEMENT IN ORGANIZATION LEADERSHIP FOR NEW MEMBERS AND RECENT GRADUATES. ALSO POWER OF TEN PROGRAM HELPS DEVELOP LEADERSHIP/MANAGEMENT SKILLS.
NEWLETTER PROGRAM DISTRIBUTES INFORMATION TO MEMBERS ABOUT EVENTS IN THE INDUSTRY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Allan Breckenridge VP | Officer | 5 | $0 |
Everett Rogers Pres Elect | Officer | 5 | $0 |
Marlow Ball President | Officer | 5 | $0 |
Jerry Miller Past Pres | Officer | 5 | $0 |
Chad Towns Sec Treas | Officer | 5 | $0 |
Leeann Pack Director | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $139,412 |
| 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 | $139,412 |
| Total Program Service Revenue | $154,227 |
| Investment income | $13,387 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $23,823 |
| 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 | $330,849 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $85,081 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,240 |
| Fees for services: Lobbying | $30,000 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $10,256 |
| Information technology | $6,583 |
| Royalties | $0 |
| Occupancy | $5,842 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $96,759 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $258,681 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $187,297 |
| Savings and temporary cash investments | $85,397 |
| 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 | $203,067 |
| Investments—other securities | $21,837 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $497,598 |
| Accounts payable and accrued expenses | $2,645 |
| 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 | $2,645 |
| Net assets without donor restrictions | $0 |
| 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 | $494,953 |
| Total liabilities and net assets/fund balances | $497,598 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Texas Veterinary Medical Association Austin, TX | $8,002,398 | $3,012,890 |
Brownsville Spay Neuter Inc Olmito, TX | $56,024 | $1,716,803 |
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 |
Missouri Veterinary Medical Association Jefferson City, MO | $603,609 | $694,318 |
Chew Animal Clinic Dallas, TX | $695,699 | $847,126 |
Tennessee Veterinary Medical Association Fayetteville, TN | $1,081,349 | $677,422 |
Robinsons Rescue Inc Shreveport, LA | $1,284,866 | $737,500 |
Laurels House Houston, TX | $3,050 | $437,666 |
Oklahoma Veterinary Medical Association Oklahoma City, OK | $974,564 | $439,474 |
Abandoned Pet Project Boerne, TX | $111,240 | $272,225 |
Texas Foundation For Animal Care Fort Worth, TX | $65,605 | $374,028 |