Nonprofit · EIN 01-0482076
MAINE VETERINARY MEDICAL ASSOCIATION INC
Tax-exempt · PORTLAND, ME 04101
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $196,339 | $155,845 | $40,494 | $541,835 | $2,173 | $539,662 |
| December 31, 2023 | 990 | $164,934 | $175,564 | -$10,630 | $506,555 | $2,880 | $503,675 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $108,790
- Membership dues
- $108,790
- Program service revenue
- $62,699
- Investment income
- $24,850
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $53,668
- Other salaries and wages
- $4,920
- Salaries, compensation and benefits (total)
- $64,162
- Professional fundraising fees
- $0
- Accounting fees
- $4,070
- Occupancy
- $9,110
- Travel
- $7,287
- Program services (functional)
- $104,733
- Management and general (functional)
- $51,112
Balance sheet and other
- Total assets, start of year
- $506,555
- Total assets, end of year
- $541,835
- Total liabilities, end of year
- $2,173
- Net assets, end of year
- $539,662
- Publicly traded securities
- $359,720
- Net assets without donor restrictions
- $539,662
- Gross receipts
- $196,339
- Employees
- 2
- Volunteers
- 12
- Year formed
- 1995
- State of legal domicile
- ME
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Katherine Soverel | Executive Director Officer | 40 | $53,667 |
| Dr Samantha Hodgkins | Treasurer Trustee or director, Officer | 0.12 | $0 |
| Dr David Cloutier | President Trustee or director, Officer | 0.13 | $0 |
| Dr Jessica Matulis | Director Trustee or director | 0.13 | $0 |
| Dr Kate Domenico | Past President Trustee or director, Officer | 0.13 | $0 |
| Dr Libby Helmer | Director Trustee or director | 0.13 | $0 |
| Dr Lisa Bourazak | Vice President Trustee or director, Officer | 0.13 | $0 |
| Dr Stephanie Robitaille | Director Trustee or director | 0.13 | $0 |
| Dr Sarah Horn | Director Trustee or director | 0.13 | $0 |
990 for the year ended December 31, 2023: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Katherine Soverel | Executive Director Officer | 40 | $28,800 |
| Dr Samantha Hodgkins | Treasurer Trustee or director, Officer | 0.5 | $0 |
| Dr David Cloutier | Vice President Trustee or director, Officer | 0.5 | $0 |
| Dr Casey Cole | Past President Trustee or director, Officer | 0.5 | $0 |
| Dr Kate Domenico | President Trustee or director, Officer | 0.5 | $0 |
| Dr Libby Helmer | Director Trustee or director | 0.5 | $0 |
| Dr Lisa Bourazak | Director Trustee or director | 0.5 | $0 |
| Dr Stephanie Robitaille | Director Trustee or director | 0.5 | $0 |
Address and contacts
- Address (IRS master file)
- 97A EXCHANGE ST STE 305, PORTLAND, ME 04101-5016
- In care of
- % CHARLES W HERSEY
- Principal officer (990 for 2024)
- Katherine Soverel, 45 Memorial Drive Suite 202, Augusta, ME 04332
- Signed the 990
- Katherine Soverel, Executive Director
- Phone
- (800) 448-2772
- Website
- www.mainevetmed.org
- Return prepared by
- Purdy Powers & Company
Mission
Support Maine Veterinarians as they work to improve the well-being of animals, to encourage the human-animal bond, and to protect public health for the benefit of the veterinary profession and the citizens of Maine.
Program accomplishments
- Held continuing education seminars for members and non-members on topics pertaining to the practice of veterinary medicine and student loan management.Expenses $49,550 · revenue $40,699
- Published newsletters containing information of interest and importance to veterinarians; mailed copies of each newsletter to the members and other persons interested in the practice of veterinary medicine.Expenses $9,498
- Advocacy: testifying on legislation related to animal welfare and veterinary medicine, maintaining relationships with state regulatory bodies, media announcements regarding animal health, and promoting veterinary education and veterinary technician education.Expenses $25,844 · revenue $3,000
- Expenses $19,841 · revenue $19,000
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 01-0482076
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 1995
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $541,835
- Income (IRS master file)
- $196,339
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $196,339 | $155,845 | $541,835 | IRS |
| 990 | December 2023 | $164,934 | $175,564 | $506,555 | XML |
| 990 | December 2022 | $131,220 | $80,112 | $495,203 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990-EZ | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 01-0482076).
Questions about MAINE VETERINARY MEDICAL ASSOCIATION INC
- What is the EIN of MAINE VETERINARY MEDICAL ASSOCIATION INC?
- The employer identification number (EIN) of MAINE VETERINARY MEDICAL ASSOCIATION INC is 01-0482076.
- Is MAINE VETERINARY MEDICAL ASSOCIATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1995.
- Are donations to MAINE VETERINARY MEDICAL ASSOCIATION INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does MAINE VETERINARY MEDICAL ASSOCIATION INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of MAINE VETERINARY MEDICAL ASSOCIATION INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MAINE VETERINARY MEDICAL ASSOCIATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of MAINE VETERINARY MEDICAL ASSOCIATION INC?
- The 990 for the year ended December 31, 2024 names Katherine Soverel.
- Who are the officers and directors of MAINE VETERINARY MEDICAL ASSOCIATION INC?
- The 990 for the year ended December 31, 2024 lists 9 people; 1 received compensation from the organization, the highest $53,667 (Katherine Soverel, Executive Director).
- How much revenue does MAINE VETERINARY MEDICAL ASSOCIATION INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $196,339, expenses of $155,845 and total assets of $541,835 at year end.
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