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Nonprofit · EIN 27-0506209

VALLEY CONSORTIUM FOR MEDICAL EDUCATION

Tax-exempt · MODESTO, CA 95350

Financials

$10.6M$10.6M2022$10.9M$10.9M2023$11.3M$11.3M2024
Revenue Expenses · by fiscal year end
Financials of VALLEY CONSORTIUM FOR MEDICAL EDUCATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$11,263,789$11,263,789$0$5,379,047$5,348,648$30,399
June 30, 2024990$10,903,420$10,903,420$0$6,304,995$6,274,596$30,399
June 30, 2023990$10,603,788$10,603,788$0$7,200,120$7,169,721$30,399
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$10,852,967
of which government grants
$3,244,286
Program service revenue
$410,815
Investment income
$7
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$289,615
Other salaries and wages
$4,119,036
Salaries, compensation and benefits (total)
$5,626,748
Professional fundraising fees
$0
Legal fees
$765,530
Accounting fees
$71,906
Occupancy
$149,389
Travel
$143,700
Depreciation
$1,629
Program services (functional)
$9,400,062
Management and general (functional)
$1,863,727

Balance sheet and other

Total assets, start of year
$6,304,995
Total assets, end of year
$5,379,047
Total liabilities, end of year
$5,348,648
Net assets, end of year
$30,399
Land, buildings and equipment
$9,291
Net assets without donor restrictions
$30,399
Gross receipts
$11,263,789
Employees
76
Year formed
2009
State of legal domicile
CA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
Saira M DarProgram Director40$158,265
Adrian HutberCEO
Officer
40$131,350
David QuackenbushBoard Member
Trustee or director
1$0
Dr Daniel DiepBoard Chair
Trustee or director, Officer
1$0
Heather DuvallBoard Member
Trustee or director
1$0
Greg BerryBoard Member
Trustee or director
1$0
Eugene Patrizio JD MHABoard Member
Trustee or director
1$0
Brandon GardnerBoard Member
Trustee or director
1$0
Mary Ann LillyBoard Member
Trustee or director
1$0
Jay KrishnaswamyBoard Member
Trustee or director
1$0
Dr Adrian E RamosDIO/CEO
Officer
1$0
Vijay ChandCFO
Officer
1$0
990 for the year ended June 30, 2024: 11 people
NameTitleHours / weekCompensationOther / benefits
Saira M DarProgram Director40$357,609$13,234
Adrian HutberCEO
Officer
40$229,127$0
Dr Adrian E RamosDIO/CEO
Officer
1$163,399$0
Mary Ann Lillyboard member
Trustee or director
1$0$0
Dr Daniel DiepBoard Chair
Trustee or director, Officer
1$0$0
Dr Bruce Lavertyboard member
Trustee or director
1$0$0
Eugene PatrizioVice Chair
Trustee or director, Officer
1$0$0
Greg BerryBoard Member
Trustee or director
1$0$0
Ruben ImperialBoard Member
Trustee or director
1$0$0
Jay KrishnaswamyBoard Member
Trustee or director
1$0$0
Vijay ChandCFO
Officer
1$0$0
990 for the year ended June 30, 2023: 10 people
NameTitleHours / weekCompensationOther / benefits
Saira M DarProgram Director40$215,991$12,014
Adrian HutberCEO
Officer
40$114,786$21,019
Dr Ramosboard member
Trustee or director
1$0$0
Mary Ann LillyChair
Trustee or director
1$0$0
Warren KirkVice Chair
Trustee or director
1$0$0
Dr Bruce Lavertyboard member
Trustee or director
1$0$0
Eugene Patrizioboard member
Trustee or director
1$0$0
Patricia Hill ThomasSecretary/Treas
Trustee or director
1$0$0
Greg BerryBoard Member
Trustee or director
1$0$0
Vijay ChandCFO
Officer
1$0$0

Address and contacts

Address (IRS master file)
1400 FLORIDA AVE STE 102, MODESTO, CA 95350-4446
In care of
% PETER BRODERICK
Principal officer (990 for 2024)
Dr Daniel Diep, 1400 Florida Ave STE 102, Modesto, CA 95350
Signed the 990
Carrie Janiski, DIO/CEO
Phone
(209) 573-6147
Return prepared by
BROWN ARMSTRONG ACCOUNTANCY CORP

California records

California keeps its own records of charities and corporations. Search them by EIN 27-0506209 or by the name VALLEY CONSORTIUM FOR MEDICAL EDUCATION.

Attorney General, Registry of Charities and Fundraisers
Registration status and filed reports (CT-TR-1, RRF-1)

Mission

The Valley Consortium for Medical Education is dedicated to enhancing primary and specialty medical services in Stanislaus County and Californias Central Valley by sponsoring and coordinating allopathic and osteopathic physician pre-doctoral and post-doctoral training programs and developing resources to meet the current and future needs for physicians and other health professionals.Valley Family Medicine Residency of ModestoThe Valley Family Medicine Residency of Modesto strives to train physicians through service to those in need. We believe that residents reach their fullest potential when they are responsible for broad based, high quality health care in an environment of educational innovation and compassionate teamwork.Valley Orthopedic Surgery Residency of ModestoThe Valley Orthopedic Surgery Residency of Modesto is dedicated to providing resident physicians with the highest quality education in Orthopedic Surgery. Our goal is to develop orthopedic physicians with exceptional com

990 for the year ended June 30, 2025

Program accomplishments

  • Valley 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.
    Expenses $9,400,062 · revenue $410,815

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
27-0506209
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2011
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Employment (J22)
Assets (IRS master file)
$5,379,047
Income (IRS master file)
$11,263,789

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$11,263,789$11,263,789$5,379,047IRS
990June 2024$10,903,420$10,903,420$6,304,995IRS
990June 2023$10,603,788$10,603,788$7,200,120XML
990June 2022$8,905,241$8,905,241$8,132,370IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 27-0506209).

Questions about VALLEY CONSORTIUM FOR MEDICAL EDUCATION

What is the EIN of VALLEY CONSORTIUM FOR MEDICAL EDUCATION?
The employer identification number (EIN) of VALLEY CONSORTIUM FOR MEDICAL EDUCATION is 27-0506209.
Is VALLEY CONSORTIUM FOR MEDICAL EDUCATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2011.
Are donations to VALLEY CONSORTIUM FOR MEDICAL EDUCATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does VALLEY CONSORTIUM FOR MEDICAL EDUCATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of VALLEY CONSORTIUM FOR MEDICAL EDUCATION due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did VALLEY CONSORTIUM FOR MEDICAL EDUCATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of VALLEY CONSORTIUM FOR MEDICAL EDUCATION?
The 990 for the year ended June 30, 2025 names Dr Daniel Diep.
Who are the officers and directors of VALLEY CONSORTIUM FOR MEDICAL EDUCATION?
The 990 for the year ended June 30, 2025 lists 12 people; 2 received compensation from the organization, the highest $158,265 (Saira M Dar, Program Director).
How much revenue does VALLEY CONSORTIUM FOR MEDICAL EDUCATION have?
On its 990 for the year ended June 30, 2025 it reported revenue of $11,263,789, expenses of $11,263,789 and total assets of $5,379,047 at year end.

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