Hematology Oncology Pharmacy Association Inc
- Assets
- $8.9m
- Revenue
- $5.5m
- Investments
- $0.0
- Employees
- 0
- Location
- Milwaukee, WI
- Founding
- 09/2004
- Data as of
- 12/2021
- EIN
- 20-1044674
Organization Overview
Hematology Oncology Pharmacy Association Inc is located in Milwaukee, WI. The organization was established in 2004. According to its NTEE Classification (G30) the organization is classified as: Cancer, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hematology Oncology Pharmacy Association 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, Hematology Oncology Pharmacy Association Inc generated $5.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.9% each year. All expenses for the organization totaled $3.6m during the year ending 12/2021. While expenses have increased by 4.5% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Hematology Oncology Pharmacy Association Inc has awarded 18 individual grants totaling $1,066,460. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT PHARMACY PRACTITIONERS AND PROMOTE AND ADVANCE HEMATOLOGY/ONCOLOGY PHARMACY TO OPTIMIZE THE CARE OF INDIVIDUALS AFFECTED BY CANCER.
Describe the Organization's Program Activity:
CONFERENCES AND COURSES: THE ANNUAL MEETING IS DESIGNED TO DISCUSS AND PROMOTE BEST PRACTICES AND TRENDS IN THE HEMATOLOGY/ONCOLOGY FIELD. THE ANNUAL PRACTICE MANAGEMENT COURSE IS DEDICATED TO DISCUSSING CHANGES AND TRENDS RELATING TO MANAGEMENT AND LEADERSHIP WITHIN HEMATOLOGY/ONCOLOGY PHARMACY PRACTICE. HOPA ALSO HOSTS WEBINARS TO SUPPORT THE PROFESSIONAL DEVELOPMENT OF ITS MEMBERS. TOPICS ARE DETERMINED FROM NEEDS ASSESSMENT CONDUCTED AMONG THE MEMBERSHIP IN AN EFFORT TO IMPROVE THE COMPETENCY OF PHARMACY PRACTITIONERS IN THE FIELD OF HEMATOLOGY/ONCOLOGY.
HEALTH POLICY AND ADVOCACY: HOPA ACTS AS AN ADVOCATE ON BEHALF OF PATIENTS AS WELL AS REPRESENTING HEMATOLOGY/ONCOLOGY PHARMACISTS ACROSS THE COUNTRY IN LEGISLATIVE AND REGULATORY ENDEAVORS.
MEMBERSHIP: HOPA PROVIDES A VARIETY OF RESOURCES TO ITS MEMBERSHIP TO SUPPORT THEIR PROFESSIONAL DEVELOPMENT. THESE INCLUDE LIVE INTERACTIVE CONFERENCE PROGRAMMING, COURSEWORK TO MEET REQUIREMENTS FOR BOARD CERTIFICATION WITHIN THE PROFESSION, WEBINARS HIGHLIGHTING CURRENT DEVELOPMENTS IN THE INDUSTRY AND DEVELOPMENT OF PRACTICE STANDARDS.
CONTINUING EDUCATION CREDITS: HOPA OFFERS BOARD CERTIFIED ONCOLOGY PHARMACIST (BCOP) RECERTIFICATION PROGRAMMING - A RIGOROUS EDUCATION DEVELOPED AND DELIVERED IN MULTIPLE FORMATS TO SUPPORT MAINTENANCE OF THE BOARD OF PHARMACY SPECIALTIES (BPS) BCOP CERTIFICATION. BCOP IS A PROFESSIONAL DESIGNATION INDICATING THE ABILITY TO DELIVER PHARMACEUTICAL CARE AT AN ADVANCED LEVEL. HOPA ALSO OFFERS EDUCATION ACCREDITED BY THE ACCREDITATION COUNCIL FOR PHARMACY EDUCATION. OTHER ACCOMPLISHMENTS INCLUDE INDUSTRY RELATIONS COUNCIL, HOPA RESEARCH COMMITTEE, AND NEWSLETTER.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David L Deremer Past President | OfficerTrustee | 5 | $0 |
Patrick J Medina Treasurer | OfficerTrustee | 3 | $0 |
Larry W Buie President | OfficerTrustee | 5 | $0 |
Sally Barbour Past Secretary | OfficerTrustee | 3 | $0 |
Heidi D Finnes President-Elect | OfficerTrustee | 5 | $0 |
Susanne E Liewer Past President | OfficerTrustee | 3 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Executive Director Inc Management Fees | 12/30/21 | $2,163,329 |
Cavarocchi Ruscio Dennis Assoc Llc Consultants | 12/30/21 | $192,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,647,285 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,647,285 |
| Total Program Service Revenue | $2,630,295 |
| Investment income | $150,882 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $182,196 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $922,551 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,533,209 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $195,403 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $2,163,329 |
| Fees for services: Legal | $4,516 |
| Fees for services: Accounting | $17,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $73,566 |
| Fees for services: Other | $209,250 |
| Advertising and promotion | $75,798 |
| Office expenses | $93,540 |
| Information technology | $213,419 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $13,308 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $380,958 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $11,779 |
| All other expenses | $23,261 |
| Total functional expenses | $3,619,048 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,257,122 |
| Savings and temporary cash investments | $115,283 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $107,334 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $226,644 |
| Net Land, buildings, and equipment | $14,169 |
| Investments—publicly traded securities | $7,222,693 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $8,943,245 |
| Accounts payable and accrued expenses | $177,965 |
| Grants payable | $0 |
| Deferred revenue | $773,579 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $951,544 |
| Net assets without donor restrictions | $7,991,701 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $8,943,245 |
Grants Awarded
Over the last fiscal year, Hematology Oncology Pharmacy Association Inc has awarded $142,286 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
Pittsburgh, PA PURPOSE: RESEARCH | $50,000 |
Chapel Hill, NC PURPOSE: RESEARCH | $44,920 |
Irvine, CA PURPOSE: RESEARCH | $38,116 |
Lenexa, KS PURPOSE: RESEARCH | $9,250 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Alliance Nctn Foundation Chicago, IL | $4,276,385 | $9,494,506 |
Midwest Athletes Against Childhood Cancer Inc Milwaukee, WI | $8,719,614 | $5,966,033 |
Ronald Mcdonald House Charities Upper Midwest Minneapolis, MN | $28,376,460 | $7,176,749 |
Cancer Center Of Western Wisconsin Inc New Richmond, WI | $3,535,083 | $4,799,679 |
Hematology Oncology Pharmacy Association Inc Milwaukee, WI | $8,943,245 | $5,533,209 |
American Indian Cancer Foundation Saint Paul, MN | $2,062,882 | $4,261,089 |
Wellness House Hinsdale, IL | $4,130,428 | $3,474,611 |
Northern Illinois Cancer Treatment Center Dixon, IL | $6,957,137 | $2,837,443 |
Angel Foundation Mendota Heights, MN | $4,616,483 | $2,858,549 |
Association Of Pediatric Hematology Oncology Nurses Inc Chicago, IL | $3,004,986 | $2,463,063 |
Wise Women Gathering Place Inc Green Bay, WI | $356,088 | $2,004,991 |
Colon Cancer Coalition Foundation Edina, MN | $2,569,547 | $1,699,654 |