Philadelphia Drug Exchange
- Assets
- $7.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- West Chester, PA
- Founding
- 04/1965
- Data as of
- 12/2021
- EIN
- 23-6294316
Organization Overview
Philadelphia Drug Exchange is located in West Chester, PA. The organization was established in 1965. According to its NTEE Classification (F02) the organization is classified as: Management & Technical Assistance, under the broad grouping of Mental Health & Crisis Intervention and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Philadelphia Drug Exchange 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 12/2021, Philadelphia Drug Exchange generated $22.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (14.5%) each year. All expenses for the organization totaled $29.8k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (5.1%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
FOUR SCHOLARSHIPS OF TWO THOUSAND DOLLARS EACH WERE AWARDED TO TWO MEMBER COMPANY RECIPIENTS, A PHILADELPHIA SCHOOL OF PHARMACY RECIPIENT AND A TEMPLE UNIVERSITY PHARMACY STUDENT RECIPIENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alanna Barry-Mccloskey Administrative Manager - Stipend | 20 | $9,500 | |
Theodore H Frain IV President - Volunteer | 5 | $0 | |
Philip J Milia Jr Treasurer - Volunteer | 5 | $0 | |
Dean Dinnocenti Vice President - Volunteer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $13,155 |
| Investment income | $2 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $5,767 |
| Other Revenue | $3,428 |
| Total Revenue | $22,352 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $9,500 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $204 |
| Other expenses | $12,048 |
| Total expenses | $29,752 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $7,527 |
| Other assets | $0 |
| Total assets | $7,527 |
| Total liabilities | $0 |
| Net assets or fund balances | $7,527 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
West Virginia Health Information Network Charleston, WV | $3,243,560 | $4,713,889 |
Danya Institute Inc Silver Spring, MD | $436,406 | $3,266,420 |
Heights Hill Mental Health Serivce Brooklyn, NY | $896,699 | $1,152,762 |
Training Institute For Mental Health Practitioner New York, NY | $717,381 | $860,051 |
Invision Integrated Behavioral Health Wexford, PA | $58,289 | $260,356 |
Roads To Recovery Clearfield, PA | $613,672 | $679,227 |
Mental Health Association In Putnam County Ii Inc Brewster, NY | $444,904 | $415,105 |
Henry Amador Ctr On Anosognosia Inc Peconic, NY | $418,687 | $249,342 |
Journey Center For Safety And Healing Cleveland, OH | $333,794 | $497,680 |
Metropolitan Institute For Training In Psychoanalytic Psychotherapy New York, NY | $16,357 | $0 |
Lsh Mental Health Services Inc Cincinnati, OH | $7,978 | $0 |
Mental Health Management Agency Of Frederick County Inc Shepherdstown, WV | $0 | $38,249 |