American Association of Veterinary State Boards (AAVSB) Company Profile
Background
The American Association of Veterinary State Boards (AAVSB) is a 501(c)(3) nonprofit organization headquartered in Overland Park, Kansas. Established to support and advance the regulation of veterinary medicine, the AAVSB serves as an association of veterinary medicine regulatory boards. Its membership encompasses licensing bodies across 63 jurisdictions, including all U.S. states, the District of Columbia, Puerto Rico, the U.S. Virgin Islands, and the ten Canadian provinces.
Mission: To support and advance the regulation of veterinary medicine.
Vision: To provide comprehensive information and services to enhance the efficiency of veterinary regulation.
Core Values:
- Protection of the public
- Reliability and accuracy
- Ethics and integrity
- Service excellence
- Active inclusion, participation, and collaboration
- Stewardship of resources
Key Strategic Focus
The AAVSB's strategic focus centers on:
- Examination Services: Administering the Veterinary Technician National Examination (VTNE) to assess the competency of entry-level veterinary technicians. In 2023, approximately 10,000 candidates were tested, with over 5,400 completing online practice tests.
- Continuing Education: Managing the Registry of Approved Continuing Education (RACE) program, which evaluates and approves providers and programs of continuing education in veterinary medicine against uniform standards. In 2023, the RACE program approved over 7,000 programs.
- Member Services: Assisting regulatory boards in operating effectively and efficiently through best practices, legislative tracking, webinars, and trainings.
Financials and Funding
As of the fiscal year ending December 2023:
- Total Revenue: $8,757,748
- Total Expenses: $8,629,895
- Net Assets: $15,714,205
Revenue Breakdown:
- Program Services: $7,047,222 (80.5%)
- Investment Income: $1,642,206 (18.8%)
- Contributions: $31,955 (0.4%)
- Rental Property Income: $26,755 (0.3%)
- Other Revenue: $9,610 (0.1%)
Expense Breakdown:
- Executive Compensation: $1,138,774 (13.2%)
- Other Salaries and Wages: $1,808,609 (21.0%)
Pipeline Development
In 2021, the AAVSB launched the Veterinary Care Elite program, designed to store and verify the qualifications and accomplishments of veterinary technicians. This program acts as a concierge service for licensure, providing regulation maps and information related to requirements in other jurisdictions, thereby facilitating license portability.
Technological Platform and Innovation
The AAVSB has developed several proprietary platforms to enhance veterinary regulation:
- Veterinary Information Verifying Agency (VIVA): A database that houses licensing information, facilitating the verification and storage of participants' qualifications.
- Veterinary Application for Uniform Licensure Transfer (VAULT): A service that assists veterinary professionals in transferring their licenses across jurisdictions efficiently.
Leadership Team
- Dr. Frank Richardson: President (2024-2025). Dr. Richardson is the first AAVSB President who is both a veterinarian and a veterinary regulator, as well as the first from Canada.
- Dr. Timothy Kolb: President-Elect. Dr. Kolb previously served on the Board of Directors as Treasurer.
- James Penrod: Chief Executive Officer/Non-Voting Secretary. Compensation in 2023: $301,833, with additional compensation of $94,170.
- Elizabeth Venit, VMD, MPH, DACVPM: Chief Veterinary Officer. Compensation in 2023: $179,958, with additional compensation of $29,407.
- Daphne Tabbytite: Chief Business Officer. Compensation in 2023: $179,076, with additional compensation of $29,263.
Leadership Changes
In October 2024, during the AAVSB Annual Meeting & Conference in San Diego, California, Dr. Frank Richardson was elected as President for the 2024-2025 term. Dr. Timothy Kolb was elected as President-Elect.
Competitor Profile
Market Insights and Dynamics:
The AAVSB operates within the veterinary regulatory sector, focusing on licensure, examination, and continuing education. The market is characterized by a need for standardized regulatory processes and efficient license portability to address the mobility of veterinary professionals.
Competitor Analysis:
- American Veterinary Medical Association (AVMA): A not-for-profit association representing over 105,000 veterinarians, providing information resources, continuing education, and publications.
- Veterinary Hospital Managers Association (VHMA): A professional organization for veterinary practice managers, offering educational resources and certification programs.
- Association of American Veterinary Medical Colleges (AAVMC): Represents veterinary medical colleges, advocating for veterinary education and overseeing the accreditation process.
Strategic Collaborations and Partnerships
The AAVSB collaborates with various organizations to enhance veterinary regulation:
- State Licensing Boards: Working to streamline the licensure process through initiatives like the VAULT program.
- Veterinary Organizations: Engaging with entities like the AVMA to address issues such as license portability and telehealth regulations.
Operational Insights
The AAVSB's distinct competitive advantages include:
- Comprehensive Services: Offering a suite of services encompassing examination, licensure transfer, and continuing education.
- Technological Integration: Utilizing platforms like VIVA and VAULT to streamline processes and enhance efficiency.
- Regulatory Expertise: Providing model regulations and guidelines to assist member boards in maintaining high standards of veterinary practice.
Strategic Opportunities and Future Directions
The AAVSB is poised to:
- Expand Veterinary Care Elite: Extend the program to veterinarians, enhancing license portability and professional recognition.
- Enhance Technological Platforms: Further develop VIVA and VAULT to improve data integration and user experience.
- Strengthen Collaborations: Deepen partnerships with veterinary organizations to address emerging challenges in veterinary regulation.
Contact Information
- Website: www.aavsb.org
- Social Media:
Note: Specific contact details such as address, phone number, and email are not provided in this profile.
