Rivma Companion Animal Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 201541257 ✦ Providence, RI ✦ Designated as a 501(c)(3)

Overview

What is Rivma Companion Animal Foundation?

The Rivma Companion Animal Foundation is a Rhode Island-based non-profit organization that provides financial assistance to low-income pet owners, enabling them to afford essential veterinary care for their sick or injured pets. Established with the goal of affordable healthcare for all pets, this is the first veterinary-based assistance program of its kind in the United States and currently serves as a significant resource for urgent care needs in Rhode Island. The organization, which is governed by a veterinary and community-based board of directors, has received strong support from veterinarians and the public. Eligible pet owners must meet income criteria, modeled on HUD community median income standards and participation in programs like Food Stamps and Heating Assistance. With no waiting period or burdensome documentation required, veterinarians can offer immediate treatment, ensuring that care is available when it is most needed. The organization raises funds through grants, events, individual contributions, and a veterinary patient memorial program, primarily using these funds for an annual disbursement that veterinarians use to treat their eligible clients' pets. The organization also has an endowment account to ensure it can continue serving needy pet owners in the future. The day-to-day business of the organization is managed by volunteers.


Is Rivma Companion Animal Foundation legitimate?

Rivma Companion Animal Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rivma Companion Animal Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $18,000
Other Salaries and Wages: $0

For more financial information, click here


What is the mission statement of Rivma Companion Animal Foundation?
Who is the CEO of Rivma Companion Animal Foundation?
What is the revenue of Rivma Companion Animal Foundation?
Who are the executives of Rivma Companion Animal Foundation and what are their salaries?
Where can I find the form 990 for Rivma Companion Animal Foundation?

Mission Statement of Rivma Companion Animal Foundation

The Rivma Companion Animal Foundation, a non-profit organization, was established with a mission to provide financial assistance to low-income pet owners who cannot afford necessary veterinary care for their pets. This Rhode Island-based foundation is the first veterinary-based assistance program of its kind in the United States and currently serves as the largest resource for meeting the overwhelming need for urgent care for pets in the state.

The organization's primary goal is to ensure affordable healthcare for all pets. It is governed by a veterinary and community-based board of directors and has received excellent support from veterinarians and the general public. To determine eligibility for assistance, the foundation uses guidelines modeled on HUD community median income standards, as well as participation in programs such as food stamps and heating assistance. This streamlined process allows veterinarians to quickly assess a client's eligibility during a patient examination.

The absence of any waiting period for funding and minimal documentation required of participants enables veterinarians to offer immediate treatment plans to eligible clients. The foundation audits 10% of grant recipients each year to verify accurate reporting, ensuring both transparency and efficiency. The foundation primarily raises funds through grants, events, individual contributions, and a veterinary patient memorial program. These funds are then used for an annual disbursement that state veterinarians use to treat their eligible clients' pets. The very modest remainder supports the organization's administrative needs, with the organization's day-to-day business being the responsibility of volunteers. The foundation has also set up an endowment account to help serve the needy pet owners into the foreseeable future.

Impact

This information is meant to be a general summary of Rivma Companion Animal Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

Rivma Companion Animal Foundation's impact is significant in providing financial assistance to low-income pet owners who are unable to afford necessary veterinarian care for their beloved pets. By offering affordable healthcare for all pets, this organization fills a crucial gap in ensuring that animals receive the attention and treatment they need, regardless of their owners' financial situations. Through their innovative approach, Rivma Companion Animal Foundation has become a pioneering force in the United States, addressing the urgent need for veterinary care for pets in Rhode Island.

The Foundation's eligibility criteria, modeled on income standards and participation in various assistance programs, ensure that those most in need can access their support without unnecessary delays or complexities. Additionally, the Foundation's transparent auditing process and fundraising efforts through grants, events, contributions, and a veterinary patient memorial program demonstrate a commitment to sustainability and accountability.

Overall, Rivma Companion Animal Foundation's impact can be seen in the countless pets who have received vital veterinary care thanks to their assistance, as well as in the compassion and dedication of the veterinary community and the general public who support their mission. Their work not only alleviates financial burdens for pet owners but also promotes the well-being and health of animals across Rhode Island.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $22,904
  • Program Service Revenue: $0
  • Gross Receipts: $220,385

    • Assets and Liabilities:
  • Total Assets: $740,886
  • Total Liabilities: $0
  • Net Assets: $740,886
  • Organization Details

    Founding Year

    2004

    Principal Officer

    M Christie Smith

    Main Address

    11 SOUTH ANGELL STREET 311, PROVIDENCE, RI, 02906

    NTEE Category

    Code: D40 - Animals

    If you are a representative of Rivma Companion Animal Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.