Merck Patient Assistance Program Inc
- Assets
- $33.7m
- Revenue
- $1.5b
- Investments
- $0.0
- Employees
- 0
- Location
- Kenilworth, NJ
- Founding
- 08/2003
- Data as of
- 12/2021
- EIN
- 01-0575520
Organization Overview
Merck Patient Assistance Program Inc is located in Kenilworth, NJ. The organization was established in 2003. According to its NTEE Classification (T21) the organization is classified as: Corporate Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Merck Patient Assistance Program Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Merck Patient Assistance Program Inc generated $1.5b in total revenue. The organization has seen a slow decline revenue. Over the past 3 years, revenues have fallen by an average of 0.0% each year. All expenses for the organization totaled $1.5b during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by 0.0% per year over the past 3 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE MERCK PATIENT ASSISTANCE PROGRAM INC. MERCK PAP PROVIDES CERTAIN MERCK MEDICINES AND ADULT VACCINES FOR FREE TO ELIGIBLE PATIENTS WHO DO NOT HAVE INSURANCE COVERAGE OR WHO WITHOUT MERCK'S ASSISTANCE CANNOT AFFORD THEIR MERCK MEDICINE AND VACCINES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Villar Carmen Chief Exec. Officer | 0 | $0 | |
Colatrella Brenda D President | 0 | $0 | |
Lanza Kyra Exec. Vice President | 0 | $0 | |
Hayward Kathryn Vice President | 0 | $0 | |
Wolfe Kathy Treasurer | 0 | $0 | |
Mainardi Marilyn M Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,459,249,662 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,459,249,662 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $0 |
| Contributions, gifts, grants paid | $1,459,249,662 |
| Total expenses and disbursements | $1,459,249,662 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $33,745,766 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $33,745,766 |
| Accounts payable and accrued expenses | $33,745,766 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $33,745,766 |
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|---|---|---|
The Edna Mcconnell Clark Foundation New York, NY | $667,303,729 | $41,338,798 |
The Jpb Foundation New York, NY | $3,112,143,645 | $422,930,172 |
Citi Foundation New York, NY | $102,040,475 | $125,193,055 |
Longwood Gardens Inc Kennett Square, PA | $1,437,882,296 | $93,650,257 |
Goldman Sachs Foundation New York, NY | $0 | $131,861,636 |
Commonwealth Fund New York, NY | $0 | $69,444,117 |
Longwood Foundation Inc Wilmington, DE | $0 | $53,076,926 |
The Comcast Nbcuniversal Foundation Philadelphia, PA | $16,720,236 | $25,679,760 |
Clark Foundation New York, NY | $443,485,871 | $14,281,811 |
John A Hartford Foundation New York, NY | $722,012,839 | $47,164,108 |
Blackstone Charitable Foundation New York, NY | $141,651,293 | $22,568,243 |
Interlaken Foundation Inc NEW YORk, NY | $351,082,390 | $62,213,890 |