Texas Society Of Health-System Pharmacists
- Assets
- $926.3k
- Revenue
- $651.3k
- Investments
- $0.0
- Employees
- 10
- Location
- Round Rock, TX
- Founding
- 07/1973
- Data as of
- 06/2021
- 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 06/2021, Texas Society Of Health-System Pharmacists employed 10 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 06/2021, Texas Society Of Health-System Pharmacists generated $651.3k 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 (4.0%) each year. All expenses for the organization totaled $598.3k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (2.4%) 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
2021
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
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stacey Mather Executive Director | Officer | 40 | $107,120 |
Sarah Lake-Wallace President | OfficerTrustee | 1 | $0 |
Steven Knight Past President | OfficerTrustee | 1 | $0 |
Latresa Billings President-Elect | OfficerTrustee | 1 | $0 |
Mallory Gessner-Wharton Secretary | OfficerTrustee | 1 | $0 |
Randy Martin Treasurer | OfficerTrustee | 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 | $616,692 |
| Investment income | $13,919 |
| 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 | $651,325 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,200 |
| 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. | $112,975 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $211,944 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $24,017 |
| Payroll taxes | $30,851 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $15 |
| Fees for services: Lobbying | $119 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $537 |
| Advertising and promotion | $9,594 |
| Office expenses | $22,601 |
| Information technology | $23,740 |
| Royalties | $0 |
| Occupancy | $20,238 |
| Travel | $307 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $120,664 |
| Interest | $1,323 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $9,567 |
| Insurance | $7,628 |
| All other expenses | $0 |
| Total functional expenses | $598,320 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $165,078 |
| Savings and temporary cash investments | $5,848 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $5,717 |
| 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 | $4,500 |
| Net Land, buildings, and equipment | $183,846 |
| Investments—publicly traded securities | $561,331 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $926,320 |
| Accounts payable and accrued expenses | $101,562 |
| Grants payable | $0 |
| Deferred revenue | $25,406 |
| 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 | $52,500 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $179,468 |
| Net assets without donor restrictions | $746,852 |
| 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 | $926,320 |
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|---|---|---|
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American Society Of Radiologic Technologists Albuquerque, NM | $88,784,741 | $27,111,728 |
Texas Hospital Association Austin, TX | $43,054,266 | $12,318,652 |
American Academy Of Nurse Practitioners National Austin, TX | $57,378,377 | $17,128,839 |
Louisiana Hospital Association Baton Rouge, LA | $30,214,425 | $7,576,001 |
Oklahoma Hospital Association Inc Oklahoma City, OK | $5,881,372 | $5,374,823 |
Oklahoma State Medical Association Oklahoma City, OK | $139,825,404 | $10,140,450 |
American Academy Of Family Physicians Austin, TX | $11,091,326 | $3,771,069 |
Louisiana Nursing Home Association Inc Baton Rouge, LA | $5,391,426 | $2,925,996 |
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