Civic Intelligence

Michigan Veterinary Medical Association

EIN 38-1485391 • 501(c)6 • Okemos, MI

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Profile

To promote the science and art of veterinary medicine and its related branches. Improve, encourage, and support the development of veterinary service. Elevate the standards of veterinary medicine in all its branches. Protect the professional interest of duly qualified veterinarians. To procure the enactment of just and appropriate laws and regulations governing the practice of veterinary medicine, and direct public attention to the relationship of animal production and animal health to human welfare.

2144 Commons PkwyOkemos, MI 48864

www.michvma.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

24th percentile

0.02x

Higher debt load relative to assets than 24% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

24th percentile

0.02x

Higher debt load relative to revenue than 24% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Net Margin

14th percentile

-9.8%

Higher net margin than 14% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

49th percentile

$135,770

Higher top officer pay than 49% of similar nonprofits.

Top officer pay equals 10.9% of source-year revenue.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Asset Growth

22nd percentile

-4.9%

Faster asset growth than 22% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

18th percentile

-7.1%

Faster revenue growth than 18% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets24th percentile

Assets

Down

$1,374,028

Down $70,742 (-4.9%) from 2023

Liabilities

Down

$22,865

Down $5,051 (-18%) from 2023

Net Assets

Down

$1,351,163

Down $65,691 (-4.6%) from 2023

Operations
Liabilities / Revenue24th percentileNet Margin14th percentile

Revenue

Down

$1,246,816

Down $95,109 (-7.1%) from 2023

Expenses

Down

$1,368,532

Down $32,904 (-2.3%) from 2023

Net Income

Down

-$121,716

Down $62,205 (-105%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth22nd percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$2.0M$1.5M$1.0M$500K$0Assets 2010: $1,090,383Liabilities 2010: $130,805Net Assets 2010: $959,5782010Assets 2011: $1,071,400Liabilities 2011: $114,965Net Assets 2011: $956,4352011Assets 2012: $1,178,329Liabilities 2012: $160,281Net Assets 2012: $1,018,0482012Assets 2013: $1,253,405Liabilities 2013: $142,077Net Assets 2013: $1,111,3282013Assets 2014: $1,273,764Liabilities 2014: $170,790Net Assets 2014: $1,102,9742014Assets 2015: $1,225,756Liabilities 2015: $163,612Net Assets 2015: $1,062,1442015Assets 2016: $1,325,231Liabilities 2016: $202,540Net Assets 2016: $1,122,6912016Assets 2017: $1,507,853Liabilities 2017: $218,508Net Assets 2017: $1,289,3452017Assets 2018: $1,586,482Liabilities 2018: $241,640Net Assets 2018: $1,344,8422018Assets 2019: $1,855,702Liabilities 2019: $303,982Net Assets 2019: $1,551,7202019Assets 2020: $1,724,782Liabilities 2020: $82,238Net Assets 2020: $1,642,5442020Assets 2021: $1,676,570Liabilities 2021: $44,485Net Assets 2021: $1,632,0852021Assets 2022: $1,375,347Liabilities 2022: $22,288Net Assets 2022: $1,353,0592022Assets 2023: $1,444,770Liabilities 2023: $27,916Net Assets 2023: $1,416,8542023Assets 2024: $1,374,028Liabilities 2024: $22,865Net Assets 2024: $1,351,1632024

Highlighted filing

2024

Assets$1,374,028
Liabilities$22,865
Net Assets$1,351,163
Open 2024 Filing

Operations Trend

Revenue Growth18th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.5M$1.0M$500K$0-$500KExpenses 2010: $1,044,8992010Revenue 2011: $1,077,421Expenses 2011: $1,088,351Net Income 2011: -$10,9302011Expenses 2012: $1,056,1372012Revenue 2013: $1,117,889Expenses 2013: $1,065,220Net Income 2013: $52,6692013Revenue 2014: $1,107,977Expenses 2014: $1,094,099Net Income 2014: $13,8782014Revenue 2015: $1,106,850Expenses 2015: $1,129,703Net Income 2015: -$22,8532015Revenue 2016: $1,194,849Expenses 2016: $1,157,538Net Income 2016: $37,3112016Revenue 2017: $1,286,922Expenses 2017: $1,171,154Net Income 2017: $115,7682017Revenue 2018: $1,335,916Expenses 2018: $1,187,345Net Income 2018: $148,5712018Revenue 2019: $1,480,335Expenses 2019: $1,324,809Net Income 2019: $155,5262019Revenue 2020: $1,189,414Expenses 2020: $1,183,575Net Income 2020: $5,8392020Revenue 2021: $1,300,654Expenses 2021: $1,336,904Net Income 2021: -$36,2502021Revenue 2022: $1,299,908Expenses 2022: $1,381,897Net Income 2022: -$81,9892022Revenue 2023: $1,341,925Expenses 2023: $1,401,436Net Income 2023: -$59,5112023Revenue 2024: $1,246,816Expenses 2024: $1,368,532Net Income 2024: -$121,7162024

Highlighted filing

2024

Revenue$1,246,816
Expenses$1,368,532
Net Income-$121,716
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,374,028
Liabilities
$22,865
Net assets
$1,351,163
Revenue
$1,246,816
Expenses
$1,368,532
Net income
-$121,716
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.37$0.02$1.35$1.25$1.37$0.12
2023Detailed filing. Detailed filing data is available for this year.$1.44$0.03$1.42$1.34$1.40$0.06
2022Detailed filing. Detailed filing data is available for this year.$1.38$0.02$1.35$1.30$1.38$0.08
2021Detailed filing. Detailed filing data is available for this year.$1.68$0.04$1.63$1.30$1.34$0.04
2020Detailed filing. Detailed filing data is available for this year.$1.72$0.08$1.64$1.19$1.18$0.01
2019Detailed filing. Detailed filing data is available for this year.$1.86$0.30$1.55$1.48$1.32$0.16
2018Detailed filing. Detailed filing data is available for this year.$1.59$0.24$1.34$1.34$1.19$0.15
2017Detailed filing. Detailed filing data is available for this year.$1.51$0.22$1.29$1.29$1.17$0.12
2016Detailed filing. Detailed filing data is available for this year.$1.33$0.20$1.12$1.19$1.16$0.04
2015Detailed filing. Detailed filing data is available for this year.$1.23$0.16$1.06$1.11$1.13$0.02
2014Detailed filing. Detailed filing data is available for this year.$1.27$0.17$1.10$1.11$1.09$0.01
2013Detailed filing. Detailed filing data is available for this year.$1.25$0.14$1.11$1.12$1.07$0.05
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.18$0.16$1.02$1.06
2011Summary only. Only limited summary data is available for this year.$1.07$0.11$0.96$1.08$1.09$0.01
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.09$0.13$0.96$1.04
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Jun 24, 2025
Return Version
2024v5.2
Gross Receipts
$1,422,990
Mission and Program Overview

Mission

To promote the science and art of veterinary medicine and its related branches. Improve, encourage, and support the development of veterinary service. Elevate the standards of veterinary medicine in all its branches. Protect the professional interest of duly qualified veterinarians. To procure the enactment of just and appropriate laws and regulations governing the practice of veterinary medicine, and direct public attention to the relationship of animal production and animal health to human welfare.

To promote the science and art of veterinary medicine and its related branches.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$926,351$958,352▲ $32,001
Cash and Non-Interest-Bearing Accounts$306,571$196,414▼ $110,157
Land, Buildings, and Equipment, Net$182,287$167,492▼ $14,795
Prepaid Expenses and Deferred Charges$17,386$40,000▲ $22,614
Savings and Temporary Cash Investments$9,223$11,770▲ $2,547
Total Assets$1,444,770$1,374,028▼ $70,742
Other Assets Total$2,952$0▼ $2,952
Liabilities
Deferred Revenue$26,879$22,865▼ $4,014
Accounts Payable and Accrued Expenses$1,037$0▼ $1,037
Total Liabilities$27,916$22,865▼ $5,051
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,416,854$1,351,163▼ $65,691
Total Net Assets Fund Balance$1,416,854$1,351,163▼ $65,691
Total Liabilities and Net Assets / Fund Balance$1,444,770$1,374,028▼ $70,742

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$139,986$240,592$380,578
Other Land Buildings$15,068$30,595$45,663
Equipment$12,438$18,433$30,871
Compensation and Service Providers
Top Officer Pay49th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Sharon FandelCOO (ended 12/24)FT$101,777$33,993$135,770
Bonnifer Ballard Mld CaeChief Executive OfficerFT$93,749$7,849$101,598
John Tramontana CaeExecutive Director (ended 3/24)FT$50,867$13,341$64,208

Board Members and Trustees

NameTitle
Lawrence Letsche DvmImmediate Past President
Dana Tatman-lilly DvmPresident
Matthew Hynes DvmPresident Elect
Elaine Sheikh DvmFirst Vice President
Tim Duncan DvmSecond Vice President
Angel Abuelo Sebio DvmDirector
Ashley Pfeifer DvmDirector
Chelsea Render DvmDirector
Daniel Macarthur DvmDirector
Daniel White DvmDirector
Henry Reinart DvmDirector
Kelsey Deland DvmDirector
Kenny Rogers DvmDirector
Laura Miller DvmDirector
Laurie Lockman DvmDirector
Lucy Henney DvmDirector
Mary Kinser DvmDirector
Melissa Dyson DvmDirector
Michelle Meyer DvmDirector
Sara Stein DvmDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,074,846
Investment Income
$56,354
Other Revenue
$115,616
Change in Net Assets
$-121,716
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$754,235
Salaries, Compensation, and Employee Benefits$614,297
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings---$374,170
Other Salaries and Wages---$310,058
Current Officers, Directors, Trustees, and Key Employees---$165,807
Other Employee Benefits---$66,701
Information Technology---$58,390
Fees for Service Investment Mgmnt Fees---$53,078
Pension Plan Contributions---$38,153
Fees for Services Lobbying---$37,800
Payroll Taxes---$33,578
Fees for Services Other---$25,802
Fees for Services Accounting---$24,739
Office Expenses---$22,123
Occupancy---$22,009
Depreciation Depletion---$17,812
Travel---$14,257
Fees for Services Legal---$8,096
Insurance---$3,507
Other Expenses---$3,321
All Other Expenses---$2,382
Total Functional Expenses$0$0$0$1,368,532
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
In-house lobbying only
No
Subject to proxy tax
Yes

Reported Spending and Taxes

Line ItemAmount
Current Year Nondeductible Lobbying and Political Cost$37,800
Total Nondeductible Lobbying and Political Cost$-15,520
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

“Per the organization's articles of incorporation, they are organized as a non-stock membership.”

Form 990, Part VI, Section A, Line 7A

“Our members elect our directors unless they are nominated and run unopposed.”

Form 990, Part VI, Section B, Line 11B

“The 990 is reviewed for accuracy by the chief executive officer. Upon approval, the 990 is made available to the board of directors. After any concerns presented by the board are addressed, the chief executive director signs and files the return.”

Form 990, Part VI, Section B, Line 12C

“The organization has a form that each board member is asked to complete and sign annually stating any conflicts that exist. Board members are required to disclose any conflicts that may arise during the year.”

Form 990, Part VI, Section C, Line 19

“Copies are kept on file at the office and are available upon request. Some information is also posted on the organization's website.”

Filing and Contact Details

Filer

Filer Name
Michigan Veterinary Medical Association
EIN
38-1485391
Phone
5173474710
Address
2144 COMMONS PKWY, OKEMOS, MI 48864

Signing Officer

Name
Bonnifer Ballard
Title
Chief Executive Officer
Phone
5173474710
Signed
2025-06-24
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Bonnifer Ballard
Formed
1892
Legal Domicile
Mi
Voting Board Members
20
Independent Board Members
20
Employees
7
Volunteers
97

Preparer

Firm
Maner Costerisan Pc
Address
2425 E GRAND RIVER SUITE 1, LANSING, MI 48912-3291
Preparer
Brandy L Mikula CPA
Phone
5173237500
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 1

“The organization uses the modified cash basis accounting method.”

Raw XML AppendixShowing 400 of 522 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Form990PartVIISectionAGrp/PersonNm13MELISSA DYSON DVM
IRS990/Form990PartVIISectionAGrp/PersonNm14DANIEL WHITE DVM
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IRS990/Form990PartVIISectionAGrp/PersonNm16TIM DUNCAN DVM
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IRS990/Form990PartVIISectionAGrp/PersonNm19DANA TATMAN-LILLY DVM
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IRS990/Form990PartVIISectionAGrp/PersonNm22JOHN TRAMONTANA CAE
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IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15IMMEDIATE PAST PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt16SECOND VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt17FIRST VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt18PRESIDENT ELECT
IRS990/Form990PartVIISectionAGrp/TitleTxt19PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt20CHIEF EXECUTIVE OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt21COO (ENDED 12/24)
IRS990/Form990PartVIISectionAGrp/TitleTxt22EXECUTIVE DIRECTOR (ENDED 3/24)
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IRS990/MissionDesc0TO PROMOTE THE SCIENCE AND ART OF VETERINARY MEDICINE AND ITS RELATED BRANCHES. IMPROVE, ENCOURAGE, AND SUPPORT THE DEVELOPMENT OF VETERINARY SERVICE. ELEVATE THE STANDARDS OF VETERINARY MEDICINE IN ALL ITS BRANCHES. PROTECT THE PROFESSIONAL INTEREST OF DULY QUALIFIED VETERINARIANS. TO PROCURE THE ENACTMENT OF JUST AND APPROPRIATE LAWS AND REGULATIONS GOVERNING THE PRACTICE OF VETERINARY MEDICINE, AND DIRECT PUBLIC ATTENTION TO THE RELATIONSHIP OF ANIMAL PRODUCTION AND ANIMAL HEALTH TO HUMAN WELFARE.
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IRS990/ProgramServiceRevenueGrp/Desc2SMALL ANIMAL SEMINARS
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IRS990/ProgramServiceRevenueGrp/Desc4SUMMER CONFERENCES
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IRS990/ProgSrvcAccomActy2Grp/Desc0SUMMER CONFERENCE SERVED 156 PEOPLE. ELEVATES STANDARDS OF VETERINARY MEDICINE BY OFFERING CONTINUING EDUCATION.
IRS990/ProgSrvcAccomActy3Grp/Desc0MVMA SEMINAR SERIES FOR VETERINARY EDUCATION SERVED APPROXIMATELY 263 MEMBERS.
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