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← ASPCA VETERINARY SERVICES OF NORTH CAROLINA PC

Form 990 for tax year 2023

Filed by ASPCA VETERINARY SERVICES OF NORTH CAROLINA PC.

Totals

Total revenue
$142,476
Total expenses
$308,519
Contributions and grants received
$39,015
Grants paid
$0
Program service revenue
$103,461
Investment income
$0
Other revenue
$0
Total assets, end of year
$630,268
Total liabilities, end of year
$1,427,379
Net assets or fund balances, end of year
-$797,111
Program services expenses (Part IX)
$308,519
Management and general expenses
$0
Fundraising expenses
$0
Program service expenses (Part III)
$308,519

Program services were 100.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • MATTHEW BERSHADKER

    DIRECTOR

    Total calculated
    $1,203,267
    From this org
    $0
    From related orgs
    $1,085,129
    Other
    $118,138
    Hours/week
    2 + 65 related

    Schedule J breakdown matched by us

    Base
    $0 + $889,496 related
    Bonus
    $0 + $171,891 related
    Other
    $0 + $23,742 related
    Deferred
    $0 + $76,400 related
    Nontaxable benefits
    $0 + $41,738 related
    Filer's total
    $0 + $1,203,267 related

  • BERT TROUGHTON

    PRESIDENT & TREASURER

    Total calculated
    $514,538
    From this org
    $0
    From related orgs
    $460,116
    Other
    $54,422
    Hours/week
    2 + 50 related

    Schedule J breakdown matched by us

    Base
    $0 + $384,011 related
    Bonus
    $0 + $47,182 related
    Other
    $0 + $28,923 related
    Deferred
    $0 + $26,400 related
    Nontaxable benefits
    $0 + $28,022 related
    Filer's total
    $0 + $514,538 related

  • DR KARLA BRESTLE DVM

    VICE PRESIDENT

    Total calculated
    $218,057
    From this org
    $0
    From related orgs
    $175,718
    Other
    $42,339
    Hours/week
    5 + 50 related

    Schedule J breakdown matched by us

    Base
    $0 + $175,047 related
    Bonus
    $0
    Other
    $0 + $671 related
    Deferred
    $0 + $14,337 related
    Nontaxable benefits
    $0 + $28,002 related
    Filer's total
    $0 + $218,057 related

  • DR INGAR KREBS DVM

    SECRETARY

    Total calculated
    $220,559
    From this org
    $0
    From related orgs
    $183,854
    Other
    $36,705
    Hours/week
    5 + 50 related

    Schedule J breakdown matched by us

    Base
    $0 + $163,380 related
    Bonus
    $0 + $20,000 related
    Other
    $0 + $474 related
    Deferred
    $0
    Nontaxable benefits
    $0 + $36,705 related
    Filer's total
    $0 + $220,559 related

  • DR MICHAELA ORWIG DVM

    DIRECTOR, VETS - ASPCA SPAY/NEUTER

    Total calculated
    $206,734
    From this org
    $0
    From related orgs
    $150,202
    Other
    $56,532
    Hours/week
    5 + 50 related

    Schedule J breakdown matched by us

    Base
    $0 + $149,916 related
    Bonus
    $0
    Other
    $0 + $286 related
    Deferred
    $0 + $12,564 related
    Nontaxable benefits
    $0 + $43,968 related
    Filer's total
    $0 + $206,734 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

  • 4b · Supplemental nonqualified retirement plan
  • 7 · Other non-fixed payments

Answered no

  • 4a · Severance or change-of-control payment
  • 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
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 3
THE AUDIT COMMITTEE OF THE ASPCA BOARD IS THE AUTHORIZED COMPENSATION SETTING BODY THAT REVIEWS AND APPROVES THE COMPENSATION OF THE "DISQUALIFIED PERSONS" OF THE ASPCA. SALARY AND BENEFITS PAID TO MATTHEW BERSHADKER WAS DETERMINED ON THE BASIS OF THE ASPCA COMPENSATION PROCESS. THE ASPCA ENGAGES AN INDEPENDENT COMPENSATION EXPERT TO CONDUCT A COMPENSATION STUDY TO ASSESS THE REASONABLENESS OF EACH "DISQUALIFIED PERSON'S" TOTAL COMPENSATION IN ACCORDANCE WITH THE REBUTTABLE PRESUMPTION "SAFE HARBOR" PROVISIONS OF SECTION 4958 OF THE INTERNAL REVENUE CODE. THE COMPENSATION EXPERT ASSESSES THE REASONABLENESS OF EACH PERSON'S TOTAL COMPENSATION BASED ON COMPARABILITY DATA FOR THE POSITIONS UNDER REVIEW AND PROVIDES SUCH DATA AND ANALYSIS TO THE AUDIT COMMITTEE FOR ITS REVIEW. THE COMPARABILITY DATA IS DRAWN FROM INDUSTRY SURVEYS AND DATA SOURCES FOR COMPARABLE POSITIONS IN ORGANIZATIONS OF SIMILAR SCOPE, OPERATING BUDGET, AND TYPE. WITH RESPECT TO "DISQUALIFIED PERSONS" OTHER THAN THE PRESIDENT & CEO, THE AUDIT COMMITTEE REVIEWS THE COMPENSATION EXPERT'S STUDY AND COMPARABILITY DATA AND THE PRESIDENT & CEO'S ANALYSIS OF EACH INDIVIDUAL'S PERFORMANCE, DELIBERATES, AND VOTES ON WHETHER TO APPROVE THE TOTAL COMPENSATION RECOMMENDATION PROPOSED BY THE PRESIDENT & CEO. WITH RESPECT TO THE PRESIDENT & CEO, THE AUDIT COMMITTEE REVIEWS THE COMPENSATION EXPERT'S STUDY AND COMPARABILITY DATA AND THE EXECUTIVE COMMITTEE'S ANALYSIS OF THE PRESIDENT & CEO'S PERFORMANCE, DELIBERATES, AND VOTES ON A RECOMMENDATION ON THE PRESIDENT & CEO'S TOTAL COMPENSATION (INCLUDING PERFORMANCE BONUS), WHICH RECOMMENDATION IT PROVIDES TO THE FULL BOARD OF DIRECTORS. THE FULL BOARD OF DIRECTORS ASSESSES THE AUDIT COMMITTEE'S RECOMMENDATIONS AND VOTES WHETHER TO APPROVE THE TOTAL COMPENSATION (INCLUDING PERFORMANCE BONUS) FOR THE PRESIDENT & CEO. THE PRESIDENT & CEO IS NOT PRESENT DURING EITHER THE AUDIT COMMITTEE'S REVIEW OF HIS COMPENSATION NOR THE FULL BOARD'S APPROVAL OF THE COMPENSATION AND DOES NOT PARTICIPATE IN THE DELIBERATIONS, EXCEPT THAT HE MAY ANSWER QUESTIONS THAT WILL HELP THE COMMITTEE OR THE FULL BOARD IN THEIR DELIBERATIONS. FOR ALL "DISQUALIFIED PERSONS," THE AUDIT COMMITTEE DOCUMENTS THE BASIS FOR ITS DETERMINATIONS CONCURRENTLY WITH THE APPROVAL OF THE COMPENSATION BY DRAFTING MINUTES OF THE MEETING AT WHICH THE DETERMINATIONS WERE MADE. THE MINUTES INCLUDE THE FOLLOWING INFORMATION: 1. THE TERMS OF THE APPROVED COMPENSATION AND THE DATE APPROVED; 2. THE NAMES OF MEMBERS OF THE AUDIT COMMITTEE WHO WERE PRESENT DURING DISCUSSION OF THE COMPENSATION AND THOSE WHO VOTED ON IT; 3. THE COMPARABILITY DATA THAT WAS RELIED ON BY THE AUDIT COMMITTEE AND HOW SUCH DATA WAS OBTAINED; AND 4. ANY ACTIONS (SUCH AS RECUSAL) TAKEN BY A MEMBER OF THE AUDIT COMMITTEE HAVING A CONFLICT OF INTEREST. THE AUDIT COMMITTEE THEN APPROVES THE MINUTES WITHIN A REASONABLE PERIOD OF TIME AFTER ITS PREPARATION. SIMILARLY, THE BOARD DOCUMENTS THE BASIS FOR ITS DETERMINATION OF THE PRESIDENT & CEO'S COMPENSATION CONCURRENTLY WITH THE APPROVAL OF THE COMPENSATION BY DRAFTING MINUTES OF THE MEETING AT WHICH THE DETERMINATION WAS MADE.
PART I, LINE 4B
LINE 4B: THE ASPCA HAS A 457(F) DEFERRED COMPENSATION PLAN (THE F PLAN) FOR THE PRESIDENT AND CHIEF EXECUTIVE OFFICER. THE F PLAN ACCRUES AN ANNUAL EMPLOYER FUNDED AMOUNT OF $50,000 THAT REMAINS UNVESTED UNTIL THE END OF A FIVE YEAR EMPLOYMENT TERM, AT WHICH POINT THE F PLAN RENEWS IN FIVE YEAR INCREMENTS CONTINGENT ON CONTINUOUS EMPLOYMENT. THIS AMOUNT IS NOT INCREASED FOR INVESTMENT EARNINGS.
SCHEDULE J, PART II, COLUMN B(II)
THE FOLLOWING EMPLOYEES RECEIVED DISCRETIONARY, NONFIXED PAYMENTS THAT ARE REPORTED IN SCHEDULE J, PART II, COLUMN B(II). THE DISCRETIONARY NONFIXED PAYMENTS ARE DETERMINED BASED ON THE PERFORMANCE EVALUATION PROCESS: MATTHEW BERSHADKER $171,891 BERT TROUGHTON $47,182

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.

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.

Provenance

Return type
form_990
Tax year
2023
Filed
17 October 2024
IRS schema version
2023v5.1
Source object
202433099349301103

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

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