Texas Federation Of Drug Stores Inc is located in Austin, TX. The organization was established in 1975. According to its NTEE Classification (F03) the organization is classified as: Professional Societies & Associations, 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. Texas Federation Of Drug Stores Inc 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 08/2021, Texas Federation Of Drug Stores Inc generated $118.1k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.8%) each year. All expenses for the organization totaled $115.1k during the year ending 08/2021. As we would expect to see with falling revenues, expenses have declined by (0.1%) per year over the past 6 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
IMPROVE RELATIONS WITH SUPPLIERS, RETAILERS AND OTHERS CONCERNED WITH THE DELIVERY OF HEALTH CARE PRODUCTS TO THE PUBLIC. PROVIDE NETWORK FOR INDUSTRY WITHIN TX TO ADDRESS ISSUES
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jeff Loesch President | 1 | $0 | |
Doug Read Secretary | 1 | $0 | |
Aimee Lusson Vice President | 1 | $0 | |
Shelly Tustison Director | 1 | $0 | |
Ivan Jaime Director | 1 | $0 | |
Nicky Otts Director | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $108,127 |
Investment income | $5,467 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $4,500 |
Total Revenue | $118,094 |
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 | $97,491 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $17,562 |
Total expenses | $115,053 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $230,479 |
Other assets | $0 |
Total assets | $235,800 |
Total liabilities | $0 |
Net assets or fund balances | $235,800 |
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