Texas Society Of Health-System Pharmacists
- Assets
- $922.4k
- Revenue
- $628.8k
- Investments
- $0.0
- Employees
- 7
- Location
- Round Rock, TX
- Founding
- 07/1973
- Data as of
- 06/2022
- EIN
- 23-7296288
Organization Overview
Texas Society Of Health-System Pharmacists is located in Round Rock, TX. The organization was established in 1973. 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 06/2022, Texas Society Of Health-System Pharmacists employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Texas Society Of Health-System Pharmacists 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, Texas Society Of Health-System Pharmacists generated $628.8k 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 (4.5%) each year. All expenses for the organization totaled $616.6k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (1.9%) 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO FACILITATE AND ENHANCE THE GROWTH, PROFESSIONAL DEVELOPMENT, PRACTICE AND RECOGNITION OF MEMBERS AND TO IMPACT HEALTH SYSTEM PHARMACY PRACTICE, THEREBY IMPROVING PATIENT CARE
Describe the Organization's Program Activity:
Part 3 - Line 4a
ANNUAL SEMINAR AND OTHER EDUCATIONAL PROGRAMS - HELD THROUGHOUT THE YEAR IN ORDER TO EDUCATE MEMBERS WITHIN THE PROFESSION
MAGAZINES AND OTHER PUBLICATIONS - TO EDUCATE MEMBERS ABOUT CURRENT DEVELOPMENTS WITHIN THE PROFESSION
LEGISLATIVE - MONITOR AND SUPPORT LEGISLATION OF DIRECT INTEREST TO THE PROFESSION
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Latresa Billings President | OfficerTrustee | 1 | $0 |
Randy Martin President-Elect | OfficerTrustee | 1 | $0 |
Sarah Lake-Wallace Past President | OfficerTrustee | 1 | $0 |
Mallory Gessner-Wharton Secretary | OfficerTrustee | 1 | $0 |
Mary Olumesi Treasurer | OfficerTrustee | 1 | $0 |
Jesse Chaffino Board Member | Trustee | 1 | $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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $580,242 |
| Investment income | $15,358 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $14,250 |
| 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 | $628,838 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,200 |
| Grants and other assistance to domestic individuals. | $300 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $114,538 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $145,268 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $13,250 |
| Payroll taxes | $24,459 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,999 |
| Fees for services: Lobbying | $93 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $498 |
| Advertising and promotion | $10,813 |
| Office expenses | $53,463 |
| Information technology | $14,733 |
| Royalties | $0 |
| Occupancy | $21,321 |
| Travel | $45 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $194,992 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $9,734 |
| Insurance | $4,893 |
| All other expenses | $0 |
| Total functional expenses | $616,599 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $210,421 |
| Savings and temporary cash investments | $5,553 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $98,935 |
| 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 | $168,901 |
| Investments—publicly traded securities | $438,622 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $922,432 |
| Accounts payable and accrued expenses | $87,917 |
| Grants payable | $0 |
| Deferred revenue | $43,913 |
| 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 | $52,500 |
| Other liabilities | $0 |
| Total liabilities | $184,330 |
| Net assets without donor restrictions | $738,102 |
| 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 | $922,432 |