Valley Consortium for Medical Education
Valley Consortium for Medical Education reported $11.3 million in revenue and $11.3 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $83.45 went to program services, $16.55 to management and general costs and $0.00 to fundraising. Its largest source of revenue was contributions and grants: 96.4% of the total. Government grants made up 28.8%. The highest compensation it reported for one person was $158,265 (Program Director). 2 people received more than $100,000 in reportable compensation. Revenue rose 32% between FY2020 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $11MFor context, the median across 409 covered employment charities: $88.97 programs, $11.03 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $11MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 83.5% | 88.0% |
| Management & general Part IX 25(C) ÷ 25(A) | 16.5% | 10.9% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.0% | 0.0% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.00 | $0.00 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 96.4% | 22.8% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 28.8% | 1.4% |
| Program service revenue share Part VIII 2g ÷ 12 | 3.6% | 62.6% |
| Highest reported compensation Part VII-A, columns D–F | $158,265 | $297,435 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 1.41% | 1.26% |
| People paid over $100,000 Part VII, line 2 | 2 | 6 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 0.0 | 8.1 |
| Independent voting board members Part VI 1a–1b | 6 of 6 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 · Form 990, Part III · the three largest programs by expenseValley Consortium for Medical Education ("VCME"), located in Modesto, California, was founded to create and foster graduate and undergraduate medical education in the Stanislaus County (the "County") area of central California. Specifically, VCME's principal activities are operating a family medicine residency program, the VCME Family Medicine Residency Program, and a orthopedic surgery residency program, the VCME orthopedic residency program
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| Program Director Listed in Part VII, 40.00 hrs/week | $158,265 | $0 | $0 | $158,265 |
| CEO Officer, 40.00 hrs/week | $131,350 | $0 | $0 | $131,350 |
2 people received more than $100,000 in reportable compensation from Valley Consortium for Medical Education (Part VII, line 2). Compensation of current officers, directors and key employees totaled $290K (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b6 · 6 independent
- Audited financial statements Part XII 2bNo
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13No
- Document retention policy Part VI 14No
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aNo
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 576
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| SCENIC MEDICAL GROUP Contracted teaching | $3,389,024 |
| Dr William Holmes OS PD Contracted teaching | $241,200 |
| Addiction Centers of Excellence Contracted teaching | $103,653 |
Individuals listed as contractors are left out. 3 contractors were paid more than $100,000 in all.
Correct a figure or respond
Every number above is copied from Valley Consortium for Medical Education's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Valley Consortium for Medical Education, you can publish a response that is linked from this page.
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Of every $100 Valley Consortium for Medical Education spent in FY2025, $83.45 went to programs. The full breakdown, from its IRS Form 990:
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Questions people ask
How much of Valley Consortium for Medical Education's spending goes to programs?
In the fiscal year ending June 30, 2025, Valley Consortium for Medical Education reported that 83.5% of its $11.3 million in expenses went to program services, 16.5% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does Valley Consortium for Medical Education pay its top executive?
The largest total compensation Valley Consortium for Medical Education reported for one person in the fiscal year ending June 30, 2025 was $158,265, for the role of Program Director (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Valley Consortium for Medical Education get its money?
Of $11.3 million in revenue in the fiscal year ending June 30, 2025, 96.4% came from contributions and grants (including 28.8% from government grants) and 3.6% from program service revenue (Form 990, Part VIII).
Is Valley Consortium for Medical Education a registered charity?
The IRS lists EIN 27-0506209 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202641359349315259 · read the filing
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202531359349306778 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202441369349307594 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202303479349300205 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202241369349314524 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202111329349302161 · read the filing
All filings for EIN 27-0506209: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.