California Veterinary Medical Association
- Assets
- $8.8m
- Revenue
- $4.3m
- Investments
- $0.0
- Employees
- 19
- Location
- Sacramento, CA
- Founding
- 08/1959
- Data as of
- 06/2023
- EIN
- 94-1141035
Organization Overview
California Veterinary Medical Association is located in Sacramento, CA. The organization was established in 1959. 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 06/2023, California Veterinary Medical Association employed 19 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. California 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 06/2023, California Veterinary Medical Association generated $4.3m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.0% each year. All expenses for the organization totaled $3.5m during the year ending 06/2023. While expenses have increased by 0.7% 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
MEMBERSHIP ORGANIZATION
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE MEMBERSHIP ORGANIZATION IN THE STATE PROMOTES VETERINARY SCIENCE FOR ITS MEMBERS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr George Bishop Treasurer | Officer | 1 | $0 |
Dr Keith Rode President | Officer | 1 | $0 |
Dr Michael Karle President-Elect | Officer | 1 | $0 |
Dr Grant Miller Director Of Regulatory Aff | Officer | 40 | $152,847 |
Daniel Baxter Executive Director | 40 | $187,504 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $1,041,185 |
| 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 | $1,041,185 |
| Total Program Service Revenue | $1,976,310 |
| Investment income | $180,227 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $170,631 |
| Net Rental Income | $104,250 |
| Net Gain/Loss on Asset Sales | -$741 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,299,918 |
| 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. | $340,351 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $917,342 |
| Pension plan accruals and contributions | $34,885 |
| Other employee benefits | $76,706 |
| Payroll taxes | $95,686 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $6,427 |
| Fees for services: Accounting | $17,280 |
| Fees for services: Lobbying | $155,050 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $120,401 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $74,547 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $34,500 |
| Insurance | $0 |
| All other expenses | $94,653 |
| Total functional expenses | $3,532,730 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $360,904 |
| Savings and temporary cash investments | $1,799,745 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $196,824 |
| 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 | $101,725 |
| Net Land, buildings, and equipment | $1,463,887 |
| Investments—publicly traded securities | $4,831,476 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $47,737 |
| Total assets | $8,802,298 |
| Accounts payable and accrued expenses | $260,843 |
| Grants payable | $0 |
| Deferred revenue | $786,696 |
| 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 | $43,007 |
| Total liabilities | $1,090,546 |
| Net assets without donor restrictions | $7,711,752 |
| 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 | $8,802,298 |