Form 990 for tax year 2023
Filed by TEXAS VETERINARY MEDICAL FOUNDATION.
Totals
- Total revenue
- $528,937
- Total expenses
- $576,688
- Contributions and grants received
- $413,521
- Grants paid
- $197,636
- Program service revenue
- $0
- Investment income
- $105,353
- Other revenue
- $10,063
- Total assets, end of year
- $3,316,862
- Total liabilities, end of year
- $75,197
- Net assets or fund balances, end of year
- $3,241,665
- Program services expenses (Part IX)
- $402,875
- Management and general expenses
- $74,783
- Fundraising expenses
- $99,030
- Program service expenses (Part III)
- $402,875
Program services were 69.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$413,521
-
3 · Investment income
total $105,353 · unrelated business $0 · excluded $105,353
-
11a · Other revenue: OTHER INCOME
total $10,063 · related or exempt $0 · unrelated business $0 · excluded $10,063
-
11e · Other revenue, total
$10,063
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $162,366 · program services $162,366
-
2 · Grants to domestic individuals
total $35,270 · program services $35,270
-
7 · Other salaries and wages
total $150,530 · program services $91,724 · management and general $4,116 · fundraising $54,690
-
9 · Other employee benefits
total $23,511 · program services $14,341 · management and general $706 · fundraising $8,464
-
10 · Payroll taxes
total $12,933 · program services $7,889 · management and general $388 · fundraising $4,656
-
11f · Fees: investment management
total $15,228 · program services $0 · management and general $15,228 · fundraising $0
-
11g · Fees: other
total $23,070 · program services $0 · management and general $11,800 · fundraising $11,270
-
13 · Office expenses
total $74,409 · program services $33,104 · management and general $34,393 · fundraising $6,912
-
16 · Occupancy
total $27,161 · program services $16,568 · management and general $815 · fundraising $9,778
-
17 · Travel
total $43,148 · program services $36,083 · management and general $7,065 · fundraising $0
-
22 · Depreciation, depletion and amortization
total $6,338 · program services $3,868 · management and general $190 · fundraising $2,280
-
23 · Insurance
total $2,724 · program services $1,662 · management and general $82 · fundraising $980
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $77,966 · end of year $54,704
-
9 · Prepaid expenses and deferred charges
beginning of year $35,157 · end of year $35,667
-
10a · Land, buildings and equipment: cost or other basis
$119,274
-
10b · Land, buildings and equipment: accumulated depreciation
$110,994
-
10c · Land, buildings and equipment, net
beginning of year $11,744 · end of year $8,280
-
11 · Investments: publicly traded securities
beginning of year $3,192,741 · end of year $3,218,211
-
17 · Accounts payable and accrued expenses
beginning of year $213,537 · end of year $75,197
-
27 · Net assets without donor restrictions
beginning of year $2,501,830 · end of year $2,576,714
-
28 · Net assets with donor restrictions
beginning of year $602,241 · end of year $664,951
Mission and programs · 2023
Mission
THE TEXAS VETERINARY MEDICAL FOUNDATION IS COMMITTED TO SUPPORTING THE VETERINARY PROFESSION AND OUR COMMUNITIES IN TEXAS BY PROVIDING RESOURCES, EDUCATION, AND PROGRAMS FOR THE RESPONSIBLE STEWARDSHIP OF ANIMALS.
-
THE FOUNDATION PROVIDES PROGRAMS TO EDUCATE THE PUBLIC ABOUT THE IMPORTANCE OF RESPONSIBLE PET OWNERSHIP; ADVANCES THE PROFESSION BY PROVIDING AWARDS AND GRANTS TO VETERINARY STUDENTS; SUPPORTS SELECT PROGRAMS AND PROJECTS THAT ADVANCE THE ART AND SCIENCE OF VETERINARY MEDICINE; SUPPORTS THE VETERINARY COMMUNITY BY BEING THE PUBLIC RELATIONS AND PHILANTHROPIC ARM OF THE VETERINARY PROFESSION; AND PROVIDES GRANTS FOR DISASTER AND EMERGENCY RELIEF.
Expenses $402,875 · Grants $197,636
As filed on the 2023 return.
Listed in Part VII
-
Tracy McAdooTRACY MCADOO
PRESIDENT
- Total calculated
- $0
- Hours/week
- 2
-
Daniel ArringtonDANIEL ARRINGTON
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 2
-
Pam DelahoussayePAM DELAHOUSSAYE
TREASURER
- Total calculated
- $0
- Hours/week
- 2
-
Tracey DeissTRACEY DEISS
SECRETARY
- Total calculated
- $0
- Hours/week
- 2
-
Chad HarrisCHAD HARRIS
IMMEDIATE PAST PRESIDENT
- Total calculated
- $0
- Hours/week
- 2
-
Beverly CrockerBEVERLY CROCKER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Jayton BaileyJAYTON BAILEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Karen CornellKAREN CORNELL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
John DascanioJOHN DASCANIO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Nancy TurnerNANCY TURNER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Geoffe BrattonGEOFFE BRATTON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Serene YuSERENE YU
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Brady BennettBRADY BENNETT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Charles CollinsCHARLES COLLINS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Carin PonderCARIN PONDER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Deb StoneDEB STONE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Troy AlexanderTROY ALEXANDER
EXECUTIVE DIRECTOR
- Total calculated
- $261,325
- From this org
- $0
- From related orgs
- $237,550
- Other
- $23,775
- Hours/week
- 2
Schedule J breakdown matched by us
- Base
- $0 + $227,550 related
- Bonus
- $0 + $10,000 related
- Other
- $0
- Deferred
- $0 + $13,168 related
- Nontaxable benefits
- $0 + $10,607 related
- Filer's total
- $0 + $261,325 related
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
None.
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- Pt I Line 3
- ALL COMPENSATION PAID BY THE TEXAS VETERINARY MEDICAL ASSOCIATION.
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
-
TEXAS A&M UNIVERSITY FOUNDATION
$17,000
GRANT
-
$10,000
GRANT
-
GRANT
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
TEXAS VETERINARY MEDICAL ASSOCIATION
501(c)(6) · REPRESENTS VETERINARY MEDICINE IN TEXAS · TX
-
TEXAS VETERINARY MEDICAL ASSOCIATION PAC
527 · POLITICAL ACTION COMMITTEE · TX
Directly controlled by TVMA
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Related corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
TVMA INC
C · SALES · TX · 0% owned
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 9 May 2025
- IRS schema version
- 2023v6.0
- Source object
- 202541299349303394
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