Walgreens Assistance Inc
- Assets
- $28.6m
- Revenue
- $4.5m
- Investments
- $0.0
- Employees
- 0
- Location
- Deerfield, IL
- Founding
- 02/2012
- Data as of
- 08/2022
- EIN
- 27-4521750
Organization Overview
Walgreens Assistance Inc is located in Deerfield, IL. The organization was established in 2012. According to its NTEE Classification (P60) the organization is classified as: Emergency Assistance, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Walgreens Assistance Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 08/2022, Walgreens Assistance Inc generated $4.5m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (6.6%) each year. All expenses for the organization totaled $5.9m during the year ending 08/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
DISTRIBUTION OF 96,405 INFLUENZA VACCINES TO NEEDY PERSONS IN THE UNITED STATES TO AID IN THEIR HEALTH AND WELL BEING DISTRIBUTION WAS ACCOMPLISHED IN COOPERATION WITH US DHHS.
CASH DONATION OF $1,000,000 TO THE BARACK OBAMA FOUNDATION TO HELP FUND THE CREATION OF THE OBAMA PRESIDENTIAL CENTER WHICH INCLUDES A PRESIDENTIAL LIBRARY AND OTHER PUBLIC SPACE
CASH DONATION OF $125,000 TO THE AMERICAN RED CROSS TO SUPPORT HUMANITARIAN AID IN UKRAINE.
CASH DONATION OF $125,000 TO THE UNITED NATIONS HIGH COMMISSION REFUGEES TO SUPPORT HUMANITARIAN AID IN UKRAINE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Gremer President And Director | 2.5 | $0 | |
Joseph Amsbary Jr Vice President And Secretary | 2.5 | $0 | |
Mark Weisz Director | 2.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $4,549,352 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $4,549,352 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $0 |
| Contributions, gifts, grants paid | $5,949,352 |
| Total expenses and disbursements | $5,949,352 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $28,600,000 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $28,600,000 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Walgreens Assistance Inc has awarded $5,949,352 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
VARIOUS NEEDY AT RISK PERSONS OR INFANTS PURPOSE: PREVENT THE ONSET & SPREAD OF FLU. | $4,549,352 |
INTERNATIONAL HEALTH PARTNERS PURPOSE: UKRAINE HUMANITARIAN AID | $50,000 |
ROCKFELLER PHILANTROPHY ADVISORS INC PURPOSE: UKRAINE HUMANITARIAN AID | $100,000 |
AMERICAN RED CROSS PURPOSE: UKRAINE HUMANITARIAN AID | $125,000 |
UN HIGH COMMISSION REFUGEES PURPOSE: UKRAINE HUMANITARIAN AID | $125,000 |
OBAMA PRESIDENTIAL CENTER FOUNDATION PURPOSE: PRESIDENTIAL LIBRARY | $1,000,000 |