Valley Consortium for Medical Education

EIN: 270506209 501(c)(3) Employment

Modesto, CA

Total Revenue
$10,603,788
Total Expenses
$10,603,788
Total Assets
$7,200,120
Net Assets
$30,399
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2009
Legal Domicile
CA
Principal Officer
Mary Ann Lilly
Phone
2095736147
Tax Period
2022-07-01 to 2023-06-30

Valley Consortium for Medical Education, founded in 2009, is a mid-sized nonprofit in the Employment sector that reported $10.6M in total revenue in fiscal year 2022. Revenue grew 19% year-over-year, indicating healthy expansion.

Mission

Valley Consortium for Medical Education ("VCME") was founded to create and foster graduate and undergraduate medical education. Specifically, VCME operates a family medicine residency program as well as an Orthopedic Surgery residency program.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $10,413,894
Program Service Revenue $188,164
Investment Income $1,730
Other Revenue $0
TOTAL REVENUE $10,603,788

Expense Breakdown

Grants Paid $0
Salaries & Benefits $6,071,546
Fundraising Expenses $0
Program Expenses $8,633,881
Other Expenses $4,532,242
TOTAL EXPENSES $10,603,788

Year-over-Year Comparison

2022 2021 Change
Revenue $10,603,788 $8,905,241 +0.2%
Expenses $10,603,788 $8,905,241 +0.2%
Net Income $0 N/A N/A
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
6
Independent Members
6
Employees
81
Volunteers
N/A

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
2
$135,805
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Saira M Dar Program Director 40.00
$215,991 $12,014 $228,005
Adrian Hutber CEO 40.00
Officer
$114,786 $21,019 $135,805
Dr Ramos board member 1.00
Director
$0 $0 $0
Mary Ann Lilly Chair 1.00
Director
$0 $0 $0
Warren Kirk Vice Chair 1.00
Director
$0 $0 $0
Dr Bruce Laverty board member 1.00
Director
$0 $0 $0
Eugene Patrizio board member 1.00
Director
$0 $0 $0
Patricia Hill Thomas Secretary/Treas 1.00
Director
$0 $0 $0
Greg Berry Board Member 1.00
Director
$0 $0 $0
Vijay Chand CFO 1.00
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 No data No data No data No data
2023 $10,603,788 $10,603,788 $7,200,120 No data
2022 $8,905,241 $8,905,241 $8,132,370 No data
2021 $8,901,688 $8,901,688 $6,722,315 No data
2020 $8,551,445 $8,551,445 $7,319,736 No data
2019 $8,334,887 $8,334,887 $7,052,664 No data
2018 $8,113,331 $8,113,329 $5,662,571 $2
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