Civic Intelligence

Iowa Veterinary Medical Association

EIN 42-0619332 • 501(c)6 • Ankeny, IA

View Organization Page

Profile

Providing a vision and voice through continuing education, publications, legislative and social activities to enhance the veterinary profession, improve animal well-being and defend public health.

1605 North Ankeny BlvdAnkeny, IA 50023

www.iowavma.org

Siviq Scores

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

Liabilities / Assets

45th percentile

0.12x

Higher debt load relative to assets than 45% of similar nonprofits.

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

Liabilities / Revenue

70th percentile

0.33x

Higher debt load relative to revenue than 70% of similar nonprofits.

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

Net Margin

39th percentile

1.3%

Higher net margin than 39% of similar nonprofits.

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

Top Officer Pay

60th percentile

$170,116

Higher top officer pay than 60% of similar nonprofits.

Top officer pay equals 17.1% of source-year revenue.

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

Asset Growth

58th percentile

7.8%

Faster asset growth than 58% of similar nonprofits.

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

Revenue Growth

63rd percentile

10%

Faster revenue growth than 63% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets45th percentile

Assets

Up

$2,729,789

Up $196,836 (+7.8%) from 2023

Liabilities

Up

$327,702

Up $22,252 (+7.3%) from 2023

Net Assets

Up

$2,402,087

Up $174,584 (+7.8%) from 2023

Operations
Liabilities / Revenue70th percentileNet Margin39th percentile

Revenue

Up

$992,777

Up $93,795 (+10%) from 2023

Expenses

Up

$980,092

Up $49,372 (+5.3%) from 2023

Net Income

Up

$12,685

Up $44,423 (+140%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth58th percentile

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

$3.0M$2.0M$1.0M$0Assets 2011: $1,293,336Liabilities 2011: $240,555Net Assets 2011: $1,052,7812011Assets 2012: $1,435,538Liabilities 2012: $233,985Net Assets 2012: $1,201,5532012Assets 2013: $1,532,984Liabilities 2013: $247,921Net Assets 2013: $1,285,0632013Assets 2014: $1,622,327Liabilities 2014: $245,002Net Assets 2014: $1,377,3252014Assets 2015: $1,592,195Liabilities 2015: $222,145Net Assets 2015: $1,370,0502015Assets 2016: $1,752,218Liabilities 2016: $260,831Net Assets 2016: $1,491,3872016Assets 2017: $1,935,387Liabilities 2017: $261,235Net Assets 2017: $1,674,1522017Assets 2018: $1,824,452Liabilities 2018: $272,305Net Assets 2018: $1,552,1472018Assets 2019: $2,147,526Liabilities 2019: $285,598Net Assets 2019: $1,861,9282019Assets 2020: $2,248,107Liabilities 2020: $273,257Net Assets 2020: $1,974,8502020Assets 2021: $2,703,399Liabilities 2021: $297,500Net Assets 2021: $2,405,8992021Assets 2022: $2,386,179Liabilities 2022: $298,664Net Assets 2022: $2,087,5152022Assets 2023: $2,532,953Liabilities 2023: $305,450Net Assets 2023: $2,227,5032023Assets 2024: $2,729,789Liabilities 2024: $327,702Net Assets 2024: $2,402,0872024

Highlighted filing

2024

Assets$2,729,789
Liabilities$327,702
Net Assets$2,402,087
Open 2024 Filing

Operations Trend

Revenue Growth63rd percentile

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

$1.0M$500K$0-$500KRevenue 2011: $651,312Expenses 2011: $594,717Net Income 2011: $56,5952011Revenue 2012: $717,843Expenses 2012: $631,285Net Income 2012: $86,5582012Revenue 2013: $693,755Expenses 2013: $722,880Net Income 2013: -$29,1252013Revenue 2014: $734,024Expenses 2014: $671,635Net Income 2014: $62,3892014Revenue 2015: $740,777Expenses 2015: $649,082Net Income 2015: $91,6952015Revenue 2016: $738,035Expenses 2016: $681,964Net Income 2016: $56,0712016Revenue 2017: $757,193Expenses 2017: $749,847Net Income 2017: $7,3462017Revenue 2018: $740,084Expenses 2018: $690,072Net Income 2018: $50,0122018Revenue 2019: $878,984Expenses 2019: $748,517Net Income 2019: $130,4672019Revenue 2020: $712,057Expenses 2020: $643,801Net Income 2020: $68,2562020Revenue 2021: $791,101Expenses 2021: $686,213Net Income 2021: $104,8882021Revenue 2022: $942,225Expenses 2022: $816,926Net Income 2022: $125,2992022Revenue 2023: $898,982Expenses 2023: $930,720Net Income 2023: -$31,7382023Revenue 2024: $992,777Expenses 2024: $980,092Net Income 2024: $12,6852024

Highlighted filing

2024

Revenue$992,777
Expenses$980,092
Net Income$12,685
Open 2024 Filing

Filings

Most recent year

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

Open filing
Assets
$2,729,789
Liabilities
$327,702
Net assets
$2,402,087
Revenue
$992,777
Expenses
$980,092
Net income
$12,685
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.73$0.33$2.40$0.99$0.98$0.01
2023Detailed filing. Detailed filing data is available for this year.$2.53$0.31$2.23$0.90$0.93$0.03
2022Detailed filing. Detailed filing data is available for this year.$2.39$0.30$2.09$0.94$0.82$0.13
2021Detailed filing. Detailed filing data is available for this year.$2.70$0.30$2.41$0.79$0.69$0.10
2020Detailed filing. Detailed filing data is available for this year.$2.25$0.27$1.97$0.71$0.64$0.07
2019Detailed filing. Detailed filing data is available for this year.$2.15$0.29$1.86$0.88$0.75$0.13
2018Detailed filing. Detailed filing data is available for this year.$1.82$0.27$1.55$0.74$0.69$0.05
2017Detailed filing. Detailed filing data is available for this year.$1.94$0.26$1.67$0.76$0.75$0.01
2016Summary only. Only limited summary data is available for this year.$1.75$0.26$1.49$0.74$0.68$0.06
2015Summary only. Only limited summary data is available for this year.$1.59$0.22$1.37$0.74$0.65$0.09
2014Summary only. Only limited summary data is available for this year.$1.62$0.25$1.38$0.73$0.67$0.06
2013Summary only. Only limited summary data is available for this year.$1.53$0.25$1.29$0.69$0.72$0.03
2012Summary only. Only limited summary data is available for this year.$1.44$0.23$1.20$0.72$0.63$0.09
2011Summary only. Only limited summary data is available for this year.$1.29$0.24$1.05$0.65$0.59$0.06
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 12, 2025
Return Version
2024v5.2
Gross Receipts
$1,238,990
Mission and Program Overview

Mission

Providing a vision and voice through continuing education, publications, legislative and social activities to enhance the veterinary profession, improve animal well-being and defend public health.

Professional membership association for veterinarians and veterinary technicians doing business in iowa.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$2,231,857$2,452,521▲ $220,664
Rtn Earn Endowment Incm Other Fnds$2,227,503$2,402,087▲ $174,584
Cash and Non-Interest-Bearing Accounts$243,802$223,176▼ $20,626
Accounts Receivable$33,301$36,772▲ $3,471
Land, Buildings, and Equipment, Net$14,024$10,604▼ $3,420
Inventories for Sale or Use$6,548$6,548→ $0
Prepaid Expenses and Deferred Charges$3,421--
Total Assets$2,532,953$2,729,789▲ $196,836
Other Assets Total-$168-
Liabilities
Deferred Revenue$305,400$317,850▲ $12,450
Accounts Payable and Accrued Expenses$50$9,852▲ $9,802
Total Liabilities$305,450$327,702▲ $22,252
Net Assets / Fund Balance
Total Net Assets Fund Balance$2,227,503$2,402,087▲ $174,584
Total Liabilities and Net Assets / Fund Balance$2,532,953$2,729,789▲ $196,836

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$10,604$21,324$31,928
Land$0-$0
Compensation and Service Providers
Top Officer Pay60th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Dr Randy WheelerExecutive DirectorFT$165,161$4,955$170,116
Dr Randy Wheeler--$165,161$4,955$170,116

Board Members and Trustees

NameTitle
Dr Shawn NicholsonPast President
Dr Kristen ClarkPresident
Dr Kenneth MayPresident Elect
Dr Aubrey CordrayVice President
Dr Amie RobertsBoard Member
Dr Ashley WilliamsBoard Member
Dr Ashlie KolbetBoard Member
Dr Carl SchulerBoard Member
Dr Christine BeanBoard Member
Dr Courtney BlakeBoard Member
Dr Elizabeth HollandBoard Member
Dr Joel LoomisBoard Member
Dr Kate HoffmannBoard Member
Dr Lindsay SpeerBoard Member
Dr Lisa ThilgesBoard Member
Dr Louise FullerBoard Member
Dr Mark ReesBoard Member
Dr Michael SlatteryBoard Member
Dr Molly LeeBoard Member
Dr Patrick SimonsenBoard Member
Dr Rachel FriedrichBoard Member
Dr Ryan RoyerBoard Member
Dr Thomas LoppBoard Member
Dr Zach VosburgBoard Member
Dr Zachary WilcoxBoard Member
Dr Abbey BowersBoard Members
Revenue and Support

Revenue Composition

Contributions and Grants
$272,201
Program Service Revenue
$451,112
Investment Income
$265,212
Other Revenue
$4,252
Change in Net Assets
$12,685
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$674,334
Salaries, Compensation, and Employee Benefits$305,758
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings$0$0$0$243,543
Current Officers, Directors, Trustees, and Key Employees$0$0$0$165,161
Other Salaries and Wages$0$0$0$112,138
All Other Expenses$0$0$0$53,900
Occupancy$0$0$0$36,000
Fees for Services Other$0$0$0$34,110
Office Expenses$0$0$0$31,171
Payroll Taxes$0$0$0$21,261
Fees for Services Legal$0$0$0$20,265
Fees for Services Lobbying$0$0$0$20,062
Fees for Service Investment Mgmnt Fees$0$0$0$18,426
Other Expenses$0$0$0$15,935
Fees for Services Accounting$0$0$0$8,370
Pension Plan Contributions$0$0$0$7,198
Insurance$0$0$0$6,119
Depreciation Depletion$0$0$0$3,420
Total Functional Expenses$0$0$0$980,092
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Iowa Veterinary Medical Association FoundationAnkeny, IA501(c)3Scholarships$16,850
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
Total Nondeductible Lobbying and Political Cost$27,601
Current Year Nondeductible Lobbying and Political Cost$20,062
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Iowa Veterinary Medical Association
EIN
42-0619332
Phone
5159659237
Address
1605 NORTH ANKENY BLVD, ANKENY, IA 50023

Signing Officer

Name
Randy Wheeler
Title
Executive Director
Phone
5159659237
Signed
2025-11-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Randy Wheeler
Formed
1883
Legal Domicile
Ia
Voting Board Members
24
Independent Board Members
24
Employees
5
Volunteers
150

Preparer

Firm
Desmond CPA PLC
Address
401 Railroad Pl, West Des Moines, IA 50265
Preparer
Dennis J Desmond Jr
Phone
5152181659
Supplemental Narrative

Additional Explanations

Pt VI, Line 6

“Any graduate veterinarian or person closely associated”

Pt VI, Line 6

“With veterinary research, or a person employed by a”

Pt VI, Line 6

“Company that manufactures or provides veterinary related”

Pt VI, Line 6

“Products and/or services, or a registered veterinary”

Pt VI, Line 6

“Technician, or a veterinary student enrolled at the”

Pt VI, Line 6

“College of veterinary medicine at iowa state university,”

Pt VI, Line 6

“Are all eligible for membership in the association”

Pt VI, Line 7A

“The governing body consists of 4 officers and 20”

Pt VI, Line 7A

“Directors representing 20 districts within the state of”

Pt VI, Line 7A

“Iowa. The members within each district elect their”

Pt VI, Line 7A

“Representative to the board, but have no vote on”

Pt VI, Line 7A

“Representatives from other districts. A slate of”

Pt VI, Line 7A

“Candidates for officer positions is prepared by a”

Pt VI, Line 7A

“Nominating committee. The candidates for officer”

Pt VI, Line 7A

“Positions are presented to all members. Members in good”

Pt VI, Line 7A

“Standing may vote on the candidates, or may write in a”

Pt VI, Line 7A

“Name not included on the original slate. The vote occurs”

Pt VI, Line 7A

“Each year prior to the annual meeting.”

Pt VI, Line 7B

“Any changes or amendments to the articles of”

Pt VI, Line 7B

“Incorporation, or the bylaws of the organization, must”

Pt VI, Line 7B

“Be approved by a majority vote of the membership.”

Pt VI, Line 11B

“The form 990 is reviewed by management and the board of”

Pt VI, Line 11B

“Directors at the next board meeting after the form 990”

Pt VI, Line 11B

“Has been finalized. Sometimes this does not occur until”

Pt VI, Line 11B

“After the 990 has been filed with the irs.”

Pt VI, Line 12C

“All affected individuals must review and sign the”

Pt VI, Line 12C

“Conflict of interest policy within 30 days of commencing”

Pt VI, Line 12C

“Service with the association. The affected individuals”

Pt VI, Line 12C

“Must update and resubmit a policy acknowledgment”

Pt VI, Line 12C

“ANNUALLY.”

Pt VI, Line 15A

“The process for setting compensation of the associations”

Pt VI, Line 15A

“Executive director includes formal review and approval”

Pt VI, Line 15A

“By the officers, use of comparable compensation data”

Pt VI, Line 15A

“From surveys of similarly qualified persons in”

Pt VI, Line 15A

“Comparable positions, and contemporaneous documentation”

Pt VI, Line 15A

“Of deliberations and decisions regarding the compensation”

Pt VI, Line 15A

“Arrangement. All other officers of the organization”

Pt VI, Line 15A

“Serve in a volunteer capacity without compensation.”

Pt VI, Line 19

“The iowa veterinary medical associations governing”

Pt VI, Line 19

“Documents, conflict of interest policy, and its financial”

Pt VI, Line 19

“Statements are not made available to the general public.”

Pt VI, Line 19

“Such documents are, however, made available for review at”

Pt VI, Line 19

“The administrative office of the association to members”

Pt VI, Line 19

“In good standing who so request.”

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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/TitleTxt2PRESIDENT ELECT
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IRS990/MissionDesc0PROVIDING A VISION AND VOICE THROUGH CONTINUING EDUCTION, PUBLICATIONS, LEGISLATIVE AND SOCIAL ACTIVITIES TO ENHANCE THE VETERINARY PROFESSION, IMPROVE ANIMAL WELL-BEING AND DEFEND PUBLIC HEALTH.
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