New Jersey Pharmacists Association
- Assets
- $838.0k
- Revenue
- $246.9k
- Investments
- $0.0
- Employees
- 3
- Location
- Princeton, NJ
- Founding
- 12/1937
- Data as of
- 12/2020
- EIN
- 21-0524332
Organization Overview
New Jersey Pharmacists Association is located in Princeton, NJ. The organization was established in 1937. According to its NTEE Classification (E03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Health Care and related organizations. As of 12/2020, New Jersey Pharmacists Association employed 3 individuals. This organization is the central organization for a national or regional group of organizations. New Jersey Pharmacists Association is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2020, New Jersey Pharmacists Association generated $246.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (8.1%) each year. All expenses for the organization totaled $290.4k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (7.3%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTION OF PHARMACY AND CONTINUING EDUCATION OF PHARMACISTS IN NEW JERSEY
Describe the Organization's Program Activity:
Part 3 - Line 4a
ADVERTISING & SUBSCRIPTIONS TO NJ JOURNAL OF PHARMACY AS PART OF MEMBERSHIP
SEMINARS & CONTINUING PROFESSIONAL EDUCATION TO MEET LICENSURE REQUIREMENTS
PROMOTION OF PHARMACISTS' RIGHTS IN NEW JERSEY THROUGH LITERATURE AND EDUCATION
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Elise Barry Chief Executive Officer | Officer | 40 | $105,000 |
Grace Earl President - Elect | OfficerTrustee | 4 | $0 |
Anne Crochunis Treasurer | OfficerTrustee | 4 | $0 |
James Ward Chair | OfficerTrustee | 7 | $0 |
Mark Taylor President | OfficerTrustee | 4 | $0 |
Aakash Gandhi Vice President | OfficerTrustee | 4 | $0 |
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 | $828 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $828 |
| Total Program Service Revenue | $232,536 |
| Investment income | $2,102 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $246,946 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $120,000 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $45,981 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $13,707 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,472 |
| Fees for services: Lobbying | $21,600 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $848 |
| Advertising and promotion | $0 |
| Office expenses | $5,447 |
| Information technology | $5,034 |
| Royalties | $0 |
| Occupancy | $18,361 |
| Travel | $1,553 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $6,774 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $4,045 |
| All other expenses | $500 |
| Total functional expenses | $290,437 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $174,709 |
| Savings and temporary cash investments | $663,244 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $837,953 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $2,665 |
| Total liabilities | $2,665 |
| Net assets without donor restrictions | $195,724 |
| Net assets with donor restrictions | $639,564 |
| 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 | $837,953 |
Endowment Analysis
| Beg. Balance | $638,916 |
| Ending Balance | $638,916 |
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|---|---|---|
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American College Of Physicians Inc Philadelphia, PA | $166,251,470 | $66,810,188 |
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Chop Clinical Associates Inc Philadelphia, PA | $1,382,809 | $20,179,810 |
Hospital & Healthsystem Association Of Pennsylvania Inc Harrisburg, PA | $39,402,736 | $15,435,491 |
New Jersey Hospital Association Princeton, NJ | $139,216,001 | $6,079,898 |
Pennsylvania Medical Society Mechanicsburg, PA | $213,365,446 | $23,943,781 |
Rtog Foundation Inc Philadelphia, PA | $10,342,373 | $6,561,535 |
Clinical And Laboratory Standards Institute Malvern, PA | $16,915,959 | $9,183,918 |
New York County Health Services Review Organizations Inc New York, NY | $23,529,408 | $5,159,805 |
Medical Society Of The State Of New York Westbury, NY | $23,626,898 | $6,678,439 |
National Association Of Pediatrics Nurse Practitioners New York, NY | $5,587,622 | $3,990,100 |