Pennsylvania Pharmaceutical Association
- Assets
- $1.8m
- Revenue
- $1.2m
- Investments
- $1.0k
- Employees
- 5
- Location
- Harrisburg, PA
- Founding
- 02/1945
- Data as of
- 06/2022
- EIN
- 23-0959560
Organization Overview
Pennsylvania Pharmaceutical Association, operating under the name Pennsylvania Pharmacists Associatio, is located in Harrisburg, PA. The organization was established in 1945. According to its NTEE Classification (S40) the organization is classified as: Business & Industry, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 06/2022, Pennsylvania Pharmacists Associatio employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pennsylvania Pharmacists Associatio 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 06/2022, Pennsylvania Pharmacists Associatio generated $1.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.1% each year. All expenses for the organization totaled $1.1m during the year ending 06/2022. While expenses have increased by 4.0% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE PURPOSE OF THE ASSOCIATION IS TO UNITE ALL PHARMACISTS IN ALL AREAS OF PRACTICE AND ALL PERSONS DESIRING TO PROMOTE AND SUPPORT THE PROFESSION OF PHARMACY IN THE COMMONWEALTH OF PENNSYLVANIA IN THE ACCOMPLISHMENT OF THE FOLLOWING OBJECTIVES TO ASSURE A HIGH QUALITY OF PROFESSIONAL PRACTICE THROUGH THE ESTABLISHMENT AND MAINTENANCE OF HIGH STANDARDS OF PROFESSIONAL ETHICS, EDUCATION AND ATTAINMENT TO PROMOTE THE PRACTICE OF PHARMACY AS THAT PROFESSION WHICH IS CONCERNED WITH PRESERVING AND PROTECTING THE PUBLIC HEALTH BY EDUCATION OF CONSUMERS AND OTHER HEALTH PROFESSIONALS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ASSOCIATION COMPLETED ITS ANNUAL CONFERENCE AND MID-YEAR CONFERENCE AND PRODUCED SIX BI-MONTHLY ISSUES OF ITS JOURNAL, THE PENNSYLVANIA PHARMACIST, WHICH CONTAINS INFORMATION ABOUT THE PROFESSION, PROFESSIONAL PRACTICES, AND THE PHARMACEUTICAL INDUSTRY. THE PUBLICATION ALSO SERVES AS ONE OF THE MEANS OF OFFERING HOME-STUDY EDUCATION PROGRAMS FOR MEMBERS. THE ASSOCIATION DISTRIBUTES A TWICE WEEKLY E-MAIL BULLETIN WHICH CONTAINS A BRIEF SYNOPSIS OF PERTINENT INFORMATION. THE ASSOCIATION IS RESPONSIBLE FOR MONITORING OTHER LEGISLATION AND PROPOSED REGULATIONS WHICH COULD HAVE A SIGNIFICANT ECONOMIC IMPACT ON PHARMACIES AND PHARMACISTS. THE MEETINGS ATTRACTED MEMBERS WHO PARTICIPATED IN FORUMS AND CONTINUING EDUCATION OPPORTUNITIES AS WELL AS POLICY SETTING GUIDELINES FOR THE PROFESSION. THE ACADEMIES, REPRESENTING THE DIFFERENT PRACTICE SETTING FOR PHARMACISTS, ALSO MET DURING THE MEETINGS TO ADDRESS ISSUES AND CONCERNS PARTICULARLY RELEVANT TO THEIR AREAS OF EXPERTISE. THE ASSOCIATION ALSO MAINTAINS A WEBSITE WHICH CONTAINS INFORMATION OF A CURRENT AND TOPICAL NATURE SO MEMBERS MAY REMAIN INFORMED.
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Victoria Elliott Ceo/secretar | Officer | 40 | $134,832 |
Thomas Franko President | OfficerTrustee | 2 | $0 |
Patrick Lavella President El | OfficerTrustee | 2 | $0 |
Christopher Antypas Vice Preside | OfficerTrustee | 2 | $0 |
Charles Kray Past Preside | OfficerTrustee | 2 | $0 |
Brandon Antinopoulo Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $199,528 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $546,899 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $746,427 |
| Total Program Service Revenue | $226,692 |
| Investment income | $49,447 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $20,940 |
| 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 | $1,151,534 |
| 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. | $146,571 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $196,266 |
| Pension plan accruals and contributions | $8,270 |
| Other employee benefits | $17,093 |
| Payroll taxes | $25,459 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $74 |
| Fees for services: Accounting | $9,875 |
| Fees for services: Lobbying | $52,582 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $20,286 |
| Advertising and promotion | $0 |
| Office expenses | $20,480 |
| Information technology | $20,723 |
| Royalties | $0 |
| Occupancy | $26,240 |
| Travel | $4,989 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $97,511 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $5,422 |
| All other expenses | $25,163 |
| Total functional expenses | $1,066,351 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $89,062 |
| Savings and temporary cash investments | $505,274 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $289,989 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $310,638 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $55,725 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $534,225 |
| Investments—other securities | $1,000 |
| Investments—program-related | $2,200 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,788,113 |
| Accounts payable and accrued expenses | $254,277 |
| Grants payable | $0 |
| Deferred revenue | $167,256 |
| 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 | $6,786 |
| Total liabilities | $428,319 |
| Net assets without donor restrictions | $1,281,176 |
| Net assets with donor restrictions | $78,618 |
| 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 | $1,788,113 |
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