Skip to content
Nonprofiteer
← AMERICAN ASSOCIATION OF VETERINARY MEDICAL COLLEGES

Form 990 for tax year 2023

Filed by AMERICAN ASSOCIATION OF VETERINARY MEDICAL COLLEGES.

Totals

Total revenue
$9,744,736
Total expenses
$9,298,589
Contributions and grants received
$1,606,673
Grants paid
$962,338
Program service revenue
$7,899,003
Investment income
$172,805
Other revenue
$66,255
Total assets, end of year
$18,806,991
Total liabilities, end of year
$6,108,999
Net assets or fund balances, end of year
$12,697,992
Program services expenses (Part IX)
$8,118,793
Management and general expenses
$1,179,796
Fundraising expenses
$0
Program service expenses (Part III)
$8,118,793

Program services were 87.3% 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

    $1,606,673

  • 2a · Program service revenue: APPLICATION FEES

    total $5,451,737 · related or exempt $5,451,737

  • 2b · Program service revenue: MEMBERSHIP DUES

    total $1,452,346 · related or exempt $1,452,346

  • 2c · Program service revenue: ANNUAL MEETINGS/EVENT REV

    total $867,506 · related or exempt $867,506

  • 2d · Program service revenue: MANAGEMENT SERVICE REVENUE

    total $59,299 · related or exempt $59,299

  • 2e · Program service revenue: PUBLICATIONS

    total $47,144 · related or exempt $47,144

  • 2f · All other program service revenue

    total $20,971 · related or exempt $20,971

  • 3 · Investment income

    total $163,513 · excluded $163,513

  • 7a · Gross sales of assets other than inventory

    securities $1,021,227

  • 7b · Less cost or other basis and sales expenses

    securities $1,011,935

  • 7c · Gain or loss

    securities $9,292

  • 7d · Net gain or loss

    total $9,292 · excluded $9,292

  • 11a · Other revenue: MISCELLANEOUS

    total $66,255 · excluded $66,255

  • 11e · Other revenue, total

    $66,255

Functional expenses

Part IX, the statement of functional expenses.

  • 2 · Grants to domestic individuals

    total $932,338 · program services $932,338

  • 3 · Grants to foreign organizations and individuals

    total $30,000 · program services $30,000

  • 5 · Compensation of officers, directors and key employees

    total $1,092,048 · program services $726,788 · management and general $365,260

  • 7 · Other salaries and wages

    total $2,178,727 · program services $1,881,579 · management and general $297,148

  • 8 · Pension plan contributions

    total $151,784 · program services $132,003 · management and general $19,781

  • 9 · Other employee benefits

    total $198,199 · program services $159,733 · management and general $38,466

  • 10 · Payroll taxes

    total $275,056 · program services $220,310 · management and general $54,746

  • 11b · Fees: legal

    total $11,185 · management and general $11,185

  • 11c · Fees: accounting

    total $147,271 · program services $117,817 · management and general $29,454

  • 11f · Fees: investment management

    total $84,227 · management and general $84,227

  • 11g · Fees: other

    total $691,823 · program services $676,855 · management and general $14,968

  • 13 · Office expenses

    total $47,613 · program services $39,465 · management and general $8,148

  • 14 · Information technology

    total $564,784 · program services $540,964 · management and general $23,820

  • 16 · Occupancy

    total $306,781 · program services $245,425 · management and general $61,356

  • 17 · Travel

    total $840,234 · program services $753,828 · management and general $86,406

  • 19 · Conferences, conventions and meetings

    total $1,160,296 · program services $1,156,521 · management and general $3,775

  • 22 · Depreciation, depletion and amortization

    total $71,242 · program services $56,993 · management and general $14,249

  • 23 · Insurance

    total $13,466 · program services $10,769 · management and general $2,697

  • 24a · Other expenses: EQUIPMENT

    total $137,941 · program services $110,795 · management and general $27,146

  • 24b · Other expenses: TEMPORARY SERVICES

    total $111,208 · program services $90,880 · management and general $20,328

  • 24c · Other expenses: PUBLISHING

    total $84,037 · program services $83,836 · management and general $201

  • 24d · Other expenses: DEVELOP. & COMM.

    total $52,185 · program services $48,148 · management and general $4,037

  • 24e · All other expenses

    total $116,144 · program services $103,746 · management and general $12,398

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $560,567 · end of year $3,295,537

  • 2 · Savings and temporary cash investments

    beginning of year $388,521 · end of year $374,620

  • 3 · Pledges and grants receivable

    beginning of year $176,000 · end of year $257,500

  • 4 · Accounts receivable

    beginning of year $454,081 · end of year $187,907

  • 9 · Prepaid expenses and deferred charges

    beginning of year $294,123 · end of year $134,952

  • 10a · Land, buildings and equipment: cost or other basis

    $239,536

  • 10b · Land, buildings and equipment: accumulated depreciation

    $225,340

  • 10c · Land, buildings and equipment, net

    beginning of year $74,970 · end of year $14,196

  • 11 · Investments: publicly traded securities

    beginning of year $11,802,006 · end of year $12,201,451

  • 14 · Intangible assets

    beginning of year $4,671 · end of year $4,309

  • 15 · Other assets

    beginning of year $2,482,500 · end of year $2,336,519

  • 17 · Accounts payable and accrued expenses

    beginning of year $410,676 · end of year $1,988,380

  • 19 · Deferred revenue

    beginning of year $1,089,131 · end of year $709,943

  • 25 · Other liabilities

    beginning of year $3,698,657 · end of year $3,410,676

  • 27 · Net assets without donor restrictions

    beginning of year $10,540,791 · end of year $12,066,338

  • 28 · Net assets with donor restrictions

    beginning of year $498,184 · end of year $631,654

Mission and programs · 2023

Mission

AAVMC INSPIRES INNOVATION AND PROMOTES EXCELLENCE IN ACADEMIC VETERINARY MEDICINE WORLDWIDE.

Activities or mission (Part I)

SEE PART III, LINE 1.

  • EDUCATION AND RESEARCH: UNDER EDUCATION AND RESEARCH, THE RESPONSIBILITY OF PREPARING NEW GENERATIONS OF VETERINARIANS TO CARE FOR PEOPLE AND ANIMALS IN A RAPIDLY CHANGING WORLD DEMANDS EDUCATIONAL EXCELLENCE. THE AAVMC'S MEMBER INSTITUTIONS DEVELOP CURRICULA THAT RESPOND TO CHANGING ENVIRONMENTS AND PREPARE STUDENTS FOR PROFESSIONAL SUCCESS IN A RAPIDLY EVOLVING MEDICAL DISCIPLINE. THE AAVMC DEVELOPS LEADERS IN ACADEMIES VETERINARY MEDICINE AND THROUGHOUT THE PROFESSION.

    Expenses $2,502,921 · Grants $588,861

  • MEETINGS AND AWARDS: AS A REFLECTION OF ITS COMMITMENT TO EDUCATION, THE AAVMC HOSTS MEETINGS, SYMPOSIUMS AND CONFERENCES FOR CONSTITUENTS AND STAKEHOLDERS. THESE EDUCATIONAL MEETINGS AND CONFERENCES PROMOTE BEST PRACTICES IN VETERINARY MEDICAL EDUCATION, DISSEMINATE INFORMATION ABOUT VETERINARY MEDICAL EDUCATION, INFORM STUDENTS ABOUT VETERINARY CAREERS, FACILITATE COMMUNICATION WITH LEGISLATORS AND OTHER HIGH-LEVEL DECISION MAKERS, PROMOTE DIVERSITY, ADVANCE RESEARCH, FOSTER TEACHING AND LEADERSHIP SKILLS, AND CHAMPION THE IMPORTANCE OF VETERINARY MEDICAL EDUCATION.

    Expenses $1,999,652 · Grants $210,204 · Revenue $867,506

  • ADMISSION AND RECRUITMENT: THE ADMISSIONS AND RECRUITMENT COMMITTEE (ARC) IS A COMMITTEE OF THE ASSEMBLY OF THE ASSOCIATION OF AMERICAN VETERINARY MEDICAL COLLEGES (AAVMC) AND IS MADE UP OF THREE WORKING GROUPS: ARC STRATEGIC GROUP; OPERATIONS WORKING GROUP; AND OUTREACH & RECRUITMENT WORKING GROUP. THE ARC STRATEGIC GROUP SERVES AS THE MAIN ARC COMMITTEE WITH OVERSIGHT OF THE OTHER GROUPS.ARC STRATEGIC GROUP IS CHARGED WITH REVIEWING AND IMPLEMENTING EVIDENCE-BASED STUDENT SELECTION PRACTICES, EMBEDDED WITHIN THE FRAMEWORK OF APPROPRIATE PEDAGOGICAL PRINCIPLES, ANALYZING STUDENT SELECTION OUTCOMES, AND PLANNING STUDENT SELECTION PROGRAMMING FOR THE AAVMC ANNUAL MEETING. COORDINATING WITH AAVMC STAFF LIAISON FOR RECOMMENDATIONS FOR INITIATIVE BUDGET, POLICY & PROCEDURES CHANGES.OPERATIONS WORKING GROUP IS CHARGED WITH OVERSEEING ISSUES RELATED TO THE VETERINARY MEDICAL COLLEGE APPLICATION SERVICE (VMCAS) AND ITS VENDOR, OPERATIONAL ADMISSIONS ISSUES, AAVMC ADMISSIONS WORKSHOP PROGRAMMING AT THE ANNUAL CONFERENCE, COORDINATING WITH THE ARC STRATEGIC GROUP ON RECOMMENDATIONS FOR INITIATIVE BUDGET, POLICY & PROCEDURE CHANGES.OUTREACH & RECRUITMENT WORKING GROUP IS CHARGED WITH OVERSEEING ACTIVITIES RELATED TO PIPELINE OUTREACH & DEVELOPMENT, RESEARCH AND STUDIES RELATED TO K-12 (AND OTHER) VETERINARY SCHOOL RECRUITMENT ACTIVITIES, OVERSIGHT OF PRE-VET / PRE-HEALTH ADVISOR DEVELOPMENT INITIATIVES, COORDINATING WITH THE OPERATIONS WORKING GROUP AND THE ARC STRATEGIC GROUP ON RECOMMENDATIONS FOR INITIATIVE BUDGET, POLICY & PROCEDURE CHANGES.

    Expenses $884,270 · Grants $148,710 · Revenue $5,451,737

  • DATA ANALYSIS

    Expenses $871,939

  • COMMUNICATIONS

    Expenses $825,220 · Revenue $47,144

  • GOVERNANCE AND LEADERSHIP

    Expenses $422,482 · Grants $1,500

  • GOVERNMENT RELATIONS

    Expenses $366,817 · Grants $13,063

  • OUTREACH AND DEVELOPMENT

    Expenses $245,492 · Revenue $1,532,616

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Ruby Perry

    PRESIDENT & BOARD CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Rustin Moore

    PRESIDENT ELECT

    Total calculated
    $0
    Hours/week
    1

  • Susan Tornquist

    IMMEDIATE PAST PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Carlos Risco

    SECRETARY

    Total calculated
    $0
    Hours/week
    0.5

  • Lorin Warnick

    TREASURER

    Total calculated
    $0
    Hours/week
    0.5

  • Dori Borjesson

    AT-LARGE DIRECTOR, REGION I

    Total calculated
    $0
    Hours/week
    0.5

  • Dana Zimmel

    AT-LARGE DIRECTOR, REGION I

    Total calculated
    $0
    Hours/week
    0.5

  • Bonnie Rush

    AT-LARGE DIRECTOR, REGION I

    Total calculated
    $0
    Hours/week
    0.5

  • Jeffrey Wichtel

    AT-LARGE DIRECTOR, REGION II

    Total calculated
    $0
    Hours/week
    0.5

  • Stuart Reid

    AT-LARGE DIRECTOR, REGION III

    Total calculated
    $0
    Hours/week
    0.5

  • Jonathan Huxley

    AT-LARGE DIRECTOR, REGION IV

    Total calculated
    $0
    Hours/week
    0.5

  • Andrew Maccabe

    CEO

    Total calculated
    $371,416
    From this org
    $342,702
    From related orgs
    $0
    Other
    $28,714
    Hours/week
    37.5

    Schedule J breakdown matched by us

    Base
    $342,702
    Bonus
    $0
    Other
    $0
    Deferred
    $27,162
    Nontaxable benefits
    $1,552
    Filer's total
    $371,416

  • Dorothy Gray

    COO

    Total calculated
    $224,862
    From this org
    $206,833
    From related orgs
    $0
    Other
    $18,029
    Hours/week
    37.5

    Schedule J breakdown matched by us

    Base
    $206,833
    Bonus
    $0
    Other
    $0
    Deferred
    $16,550
    Nontaxable benefits
    $1,479
    Filer's total
    $224,862

  • Ted Mashima

    CHIEF STRATEGY OFFICER

    Total calculated
    $208,005
    From this org
    $190,495
    From related orgs
    $0
    Other
    $17,510
    Hours/week
    37.5

    Schedule J breakdown matched by us

    Base
    $190,495
    Bonus
    $0
    Other
    $0
    Deferred
    $15,866
    Nontaxable benefits
    $1,644
    Filer's total
    $208,005

  • Lisa Greenhill

    CHIEF DIVERSITY OFFICER

    Total calculated
    $206,208
    From this org
    $191,207
    From related orgs
    $0
    Other
    $15,001
    Hours/week
    37.5

    Schedule J breakdown matched by us

    Base
    $191,207
    Bonus
    $0
    Other
    $0
    Deferred
    $13,337
    Nontaxable benefits
    $1,664
    Filer's total
    $206,208

  • Kevin Cain

    DIRECTOR, GOV. AFFAIRS

    Total calculated
    $184,544
    From this org
    $168,249
    From related orgs
    $0
    Other
    $16,295
    Hours/week
    37.5

    Schedule J breakdown matched by us

    Base
    $168,249
    Bonus
    $0
    Other
    $0
    Deferred
    $14,743
    Nontaxable benefits
    $1,552
    Filer's total
    $184,544

  • Caroline Cantner

    DIR. PROF. DEVELOPMENT

    Total calculated
    $167,863
    From this org
    $153,841
    From related orgs
    $0
    Other
    $14,022
    Hours/week
    37.5

    Schedule J breakdown matched by us

    Base
    $153,841
    Bonus
    $0
    Other
    $0
    Deferred
    $12,535
    Nontaxable benefits
    $1,487
    Filer's total
    $167,863

  • Diana Dabdub

    DIRECTOR. ADMISSIONS

    Total calculated
    $150,639
    From this org
    $138,125
    From related orgs
    $0
    Other
    $12,514
    Hours/week
    37.5

    Schedule J breakdown matched by us

    Base
    $138,125
    Bonus
    $0
    Other
    $0
    Deferred
    $11,310
    Nontaxable benefits
    $1,204
    Filer's total
    $150,639

  • Susan Leigh

    DIRECTOR, MARKETING

    Total calculated
    $171,193
    From this org
    $157,105
    From related orgs
    $0
    Other
    $14,088
    Hours/week
    37.5

    Schedule J breakdown matched by us

    Base
    $157,105
    Bonus
    $0
    Other
    $0
    Deferred
    $12,732
    Nontaxable benefits
    $1,356
    Filer's total
    $171,193

  • Julie Noyes

    DIR. ACADEMIC AFFAIRS

    Total calculated
    $177,031
    From this org
    $162,718
    From related orgs
    $0
    Other
    $14,313
    Hours/week
    37.5

    Schedule J breakdown matched by us

    Base
    $162,718
    Bonus
    $0
    Other
    $0
    Deferred
    $13,017
    Nontaxable benefits
    $1,296
    Filer's total
    $177,031

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

  • 3 · Compensation committee
  • 3 · Form 990 of other organizations
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

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

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

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2023
Filed
15 May 2025
IRS schema version
2023v6.0
Source object
202511359349308081

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.