Vetpartners FY2020 filing

Not tax-deductible

Albany, NY501(c)(6)Community Development EIN 91-2159643Revenue $332K in FY2020Latest return filed Nov 14, 2025

On file with the IRSvetpartners.org230 Washington Avenue Ext Ste 101, 12203-5319 · Albany, NYTax-exempt since Jul 2002

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To serve and advance the veterinary profession with innovation, relevant, valuable, and ethical practice development solutions.

501(c)(6) business league; gifts are not tax-deductible as charitable contributions.
59¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(6)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average deficit $10K a year · 4% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
59%
of spending
Worth a look: 59% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
17 mo
of spending, in cash
Looks good: 17.0 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$66K
13% of total assets
Looks good: liabilities are 13% of assets; 50% or less.
Pt X · Ln 26
Independent board members
7
of 7 voting members
Looks good: 7 of 7 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$332K
Spent
$312K
To programs
59%
Net assets
$434K
By yearFY2020–FY2024
Revenue
$332K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$332K
FY2021$212K
FY2022$211K
FY2023$247K
FY2024$289K
Expenses
$312K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$312K
FY2021$209K
FY2022$285K
FY2023$279K
FY2024$257K
Net assets
$434K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$434K
FY2021$437K
FY2022$363K
FY2023$331K
FY2024$362K

From the FY2020 Form 990 · see the original

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You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jul 2002.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

59 cents of each dollar spent went to programs.

Program services 59% · $185K Management & general 41% · $127K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

7 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
See Vetpartners executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Develops innovative solutions to advance ethical veterinary practice.

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1 program · $181K · in their own filed words · FY2020
01

Increase knowledge of veterinary business management; educational programs to elevate the profession's understanding of veterinary practice valuations; improve cooperation with veterinary, legal, accounting, appraisal and other allied professional organizations to enhance the public benefit; increase communication with veterinarians…

$181Kprogram expense

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$332K
Ln 12
Fees for servicesLn 2g$199K
Gifts and grantsLn 1h$133K
Investment incomeLn 3$27
Money outPt IX
$312K
Ln 25
Programscol B$185K
Managementcol C$127K
Owns and owesPt X
$434K
net assets · Ln 32
Cash and savingsLn 1–2$443K
Total assetsLn 16$500K
LiabilitiesLn 26$66K
PeoplePt VI, VII
7
listed · VII A
PaidVII A0
Voting boardVI 1a7
IndependentVI 1b7
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$133K
Fees for servicesLn 2g$199K
Investment incomeLn 3$27
Gains on assetsLn 7$0
Total revenueLn 12$332K
Assets in detailPt X, end of year
CashLn 1$143K
SavingsLn 2$300K
Cash and savings togetherLn 1–2$443K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$186
Other assetsLn 15$0
Total assetsLn 16$500K
LiabilitiesLn 26$66K
Net assetsLn 32$434K
OperationsPt I, VI
EmployeesI 50
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$398K$443K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$258$186
Total assetsLn 16$491K$500K
LiabilitiesLn 26$76K$66K
Net assetsLn 32$414K$434K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$0
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$0
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$0
Payroll taxesLn 10$0
Management feesLn 11a$106K$106K
Legal feesLn 11b$0
Accounting feesLn 11c$1K$1K
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$7K$3K$4K
Advertising and promotionLn 12$29K$29K
Office expensesLn 13$6K$6K
Information technologyLn 14$16K$16K
RoyaltiesLn 15$0
OccupancyLn 16$424$424
TravelLn 17$16K$16K
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$121K$121K
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$72
InsuranceLn 23$3K$3K
Other expenses (24a–d)Ln 24$7K$26$7K
All other expensesLn 24e$0
Total functional expensesLn 25$312K$185K$127K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 LatestFiled with the IRS Nov 14, 2025 $289K$257K$31K$362K 990 PDF
FY2023Filed with the IRS Nov 14, 2024 $247K$279K−$32K$331K 990 PDF
FY2022Filed with the IRS Nov 15, 2023 $211K$285K−$75K$363K 990 PDF
FY2021Filed with the IRS Nov 15, 2023 $212K$209K$3K$437K 990 PDF
FY2020 ViewingFiled with the IRS May 28, 2021 $332K$312K$20K$434K 990 PDF

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2020 990 (6 parts)
Part I · Summary $332,432 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $145,096$132,933
I-9 Program service revenuePrior year $249,990$199,472
I-10 Investment incomePrior year $53$27
I-11 Other revenue$0
I-12 Total revenuePrior year $395,139$332,432
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefits$0
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $361,801$312,471
I-18 Total expensesPrior year $361,801$312,471
I-19 Revenue less expensesPrior year $33,338$19,961
Part VI · Governance 7 of 7 board members independent, 4 to look at
VI-1a Voting members of the governing body7
VI-1b Independent voting members7
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $332,432 across 9 lines filed
VIII-1b Membership dues$132,933
VIII-1h Total contributions, gifts and grants$132,933
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $199,472$199,472
VIII-3 Investment incomeExcluded from tax $27$27
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assets$0
VIII-8 Net income from fundraising events$0
VIII-12 Total revenueRelated to mission $199,472 · Excluded from tax $27$332,432
Part IX · Statement of functional expenses $312,471 across 31 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staff$0
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wages$0
IX-8 Pension plan contributions$0
IX-9 Other employee benefits$0
IX-10 Payroll taxes$0
IX-11a Management feesManagement $105,627$105,627
IX-11b Legal fees$0
IX-11c Accounting feesManagement $1,469$1,469
IX-11d Lobbying fees$0
IX-11f Investment management fees$0
IX-11g Other fees for servicesPrograms $3,189 · Management $4,000$7,189
IX-12 Advertising and promotionPrograms $28,704$28,704
IX-13 Office expensesManagement $6,120$6,120
IX-14 Information technologyPrograms $16,199$16,199
IX-15 Royalties$0
IX-16 OccupancyPrograms $424$424
IX-17 TravelPrograms $15,836$15,836
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetingsPrograms $121,012$121,012
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortization$72
IX-23 InsuranceManagement $2,773$2,773
IX-24 Other expenses (24a–d)Programs $26 · Management $7,020$7,046
IX-24e All other expenses$0
IX-25 Total functional expensesPrograms $185,390 · Management $127,009 · Fundraising $0$312,471
Part X · Balance sheet $500,442 assets, 20 lines filed
X-1 Cash, non-interest-bearingStart of year $98,153$142,858
X-2 Savings and temporary cash investmentsStart of year $300,128$300,155
X-3 Pledges and grants receivable$0
X-4 Accounts receivableStart of year $40,000$25,000
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred chargesStart of year $52,104$32,243
X-10c Land, buildings and equipment, netStart of year $258$186
X-11 Publicly traded securities$0
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assets$0
X-16 Total assetsStart of year $490,643$500,442
X-17 Accounts payable and accrued expenses$10,033
X-19 Deferred revenueStart of year $76,448$56,250
X-25 Other liabilities$3
X-26 Total liabilitiesStart of year $76,448$66,286
X-27 Net assets without donor restrictionsStart of year $414,195$434,156
X-32 Total net assets or fund balancesStart of year $414,195$434,156
X-33 Total liabilities and net assetsStart of year $490,643$500,442
Part XI · Reconciliation of net assets $434,156 net assets at year end
XI-1 Total revenue$332,432
XI-2 Total expenses$312,471
XI-3 Revenue less expenses$19,961
XI-4 Net assets at start of year$414,195
XI-10 Net assets at end of year$434,156

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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