Washington State Veterinary Medical Assn
- Assets
- $923.3k
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 4
- Location
- Redmond, WA
- Founding
- 05/1944
- Data as of
- 10/2023
- EIN
- 91-0667672
Organization Overview
Washington State Veterinary Medical Assn is located in Redmond, WA. The organization was established in 1944. 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 10/2023, Washington State Veterinary Medical Assn employed 4 individuals. This organization is an itermediate organization (such as a geographic headquarters) for a national or regional group of organizations. Washington State Veterinary Medical Assn 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 10/2023, Washington State Veterinary Medical Assn generated $1.1m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 6.0% each year. All expenses for the organization totaled $975.6k during the year ending 10/2023. While expenses have increased by 4.5% 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THROUGH OUR WORK OF PROVIDING ADVOCACY, EDUCATION, INFORMATION AND RESOURCES, MEMBER VETERINARIANS AND VETERINARY STUDENTS ARE ABLE TO FOCUS ON THEIR DEEP COMMITMENT TO THE CARE AND WELL-BEING OF ANIMALS, THEIR OWNERS, AND THE GENERAL PUBLIC.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PACIFIC NW VETERINARY CONFERENCE - STATE MEETING FOR THE PURPOSES OF CONTINUING EDUCATION FOR VETERINARIANS AND THEIR STAFF PLUS A TRADE SHOW. APPROX 1,300 VETERINARIANS, TECHNICIANS, VETERINARY STAFF, SPEAKERS, VENDORS, AND GUESTS ATTENDED THE CONFERENCE AT THE TACOMA CONVENTION CENTER. THERE WERE 90 VENDOR BOOTHS AT THE TRADE SHOW. REGISTRANTS WERE ABLE TO OBTAIN OVER 140 HOURS OF CONTINUING EDUCATION CREDIT.
EDUCATION - THREE INDIVIDUAL PROGRAMS, EACH OFFERING 4 HOURS OF CE WERE OFFERED IN 2022-23. 12 ONE-HOUR WEBINARS WERE PRESENTED LIVE ON A VARIETY OF VETERINARY TOPICS WITH ATTENDANCE VARYING BETWEEN 25 AND 100 ATTENDEES AT EACH ONE.
POWER OF TEN LEADERSHIP ACADEMY - TEN RECENT GRADUATES ENTER A ONE-YEAR PROGRAM TO STUDY LEADERSHIP, COMMUNICATION, AND ORGANIZED VETERINARY MEDICINE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Jennifer Bennett President (11/1/22 - 06/30/23) | OfficerTrustee | 1.5 | $0 |
Dr Blair DE Vries President (7/1/23 - 9/30/23) | OfficerTrustee | 1.5 | $0 |
Dr Eddie Haigh President (10/1/23 - 10/31/23) | OfficerTrustee | 1.5 | $0 |
Dr Robert Mealey Vice President | OfficerTrustee | 1.5 | $0 |
Dr Michael Kiefer Treasurer (11/1/22 - 12/31/22) | OfficerTrustee | 1.5 | $0 |
Dr Sally Thompson-Iritani Treasurer (01/01/23 - 10/31/23) | OfficerTrustee | 1.5 | $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 | $40,550 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $40,550 |
| Total Program Service Revenue | $916,237 |
| Investment income | $10,029 |
| 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 | $1,059,259 |
| 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. | $150,000 |
| Compensation of current officers, directors, key employees. | $22,500 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $184,880 |
| Pension plan accruals and contributions | $30,876 |
| Other employee benefits | $40,997 |
| Payroll taxes | $29,244 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $33,415 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $69,143 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $5,846 |
| Fees for services: Other | $68,500 |
| Advertising and promotion | $4,676 |
| Office expenses | $24,687 |
| Information technology | $16,964 |
| Royalties | $0 |
| Occupancy | $1,826 |
| Travel | $7,876 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $246,343 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,355 |
| Insurance | $6,061 |
| All other expenses | $0 |
| Total functional expenses | $975,590 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $63,617 |
| Savings and temporary cash investments | $190,486 |
| 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 | $7,700 |
| Net Land, buildings, and equipment | $2,672 |
| Investments—publicly traded securities | $658,830 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $923,305 |
| Accounts payable and accrued expenses | $1,823 |
| Grants payable | $0 |
| Deferred revenue | $2,895 |
| 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 | $4,718 |
| Net assets without donor restrictions | $918,587 |
| 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 | $923,305 |