New York State Veterinary Medical Society Inc
Nonprofit profile at a glance
- EIN
- 810760803
- IRS 990 coverage
- 2017–2024
- Forms available
- Form 990 2024
- Location
- Albany, NY, USA
- Phone
- 5188697867
- Rating confidence
- Limited
- Sector
- Professional Societies, Associations
Reported finances
- Revenue
- $1,164,665
- Expenses
- $1,211,069
- Assets
- $1,853,510
- Liabilities
- $898,426
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
18 people listed
Executive titles in this filing
- TIM ATKINSON (EXECUTIVE DIRECTOR)
- LAUREN KLEINE (PRESIDENT)
- JOESEPH D'ABBRACIO (PRESIDENT-ELECT)
Highest reported compensation
- TIM ATKINSON (EXECUTIVE DIRECTOR): $168,471 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Leading the veterinarians of New York state in advancement and protection of animal well-being, public health, and the practice of veterinary medicine.approximately 2500 individuals served
What it reported doing in 2024
The society provides advocacy activities to further develop the practice of veterinary medicine, support the enactment of just and proper laws concerning veterinary medicine and the veterinary profession, and act as the primary advocate for veterinary services on the state and federal levels. The society also provides services to its members which will assist them to improve the availability, accessibility and quality of veterinary medicine services; to improve access to veterinary medicine for animals which are owned by low-income households, including by providing grants to low-income households to assist them with the cost of necessary veterinary medicine for their animals and sponsoring educational programs that promote lower-cost models of providing veterinary medicine; and to conduct such other activities as may be appropriate and as are consistent with the provisions of the New York not-for-profit corporation law for noncharitable corporations, as now in force or hereafter amended.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 78
- Accountability: 95
- Sustainability: 34
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: 2 of 6 controls in place; rating input score 33
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Pass
- Compensation survey or study: Missing
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Yes; rating input score 100
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 7 of 8 controls in place; rating input score 88
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -4%; rating input score 26; 26th percentile among comparable filings
- Total-asset coverage ratio: 1.53; rating input score 56; 56th percentile among comparable filings
- Liabilities to assets ratio: 0.48; rating input score 16; 16th percentile among comparable filings
- Officer compensation ratio: 13.9%; rating input score 25; 25th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 8.5% per year; rating input score 100; 61st percentile among comparable filings
- Asset growth: 13.5% per year; rating input score 100; 69th percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: 17 of 17 board members independent · 7 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $1.2M in reported program spending
- Leadership: top reported pay $168K · 18 people listed · 2 of 6 pay-setting controls reported
- Consistency: 14 of 14 current checks pass
- Schedules: 5 filed schedules · includes executive pay and related organizations
- Filing history: 8 filing years from 2017 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: 1 filed related-organization link
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Sustainability: Operating margin scored 26/100.
- Review — Accountability: Governance controls: Whistleblower policy not reported.
- Review — Sustainability: Total-asset coverage ratio scored 56/100.
- High — Sustainability: Liabilities to assets ratio scored 16/100.
- High — Sustainability: Officer compensation ratio scored 25/100.