National Community Pharmacists Association
- Assets
- $137.2m
- Revenue
- $19.6m
- Investments
- $91.1m
- Employees
- 72
- Location
- Alexandria, VA
- Founding
- 04/1972
- Data as of
- 06/2022
- EIN
- 36-1520710
Organization Overview
National Community Pharmacists Association is located in Alexandria, VA. The organization was established in 1972. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 06/2022, National Community Pharmacists Association employed 72 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National Community Pharmacists Association 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, National Community Pharmacists Association generated $19.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.9% each year. All expenses for the organization totaled $17.2m during the year ending 06/2022. While expenses have increased by 2.6% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, National Community Pharmacists Association has awarded 17 individual grants totaling $379,333. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
DEDICATED TO THE CONTINUING GROWTH AND PROSPERITY OF INDEPENDENT COMMUNITY PHARMACY IN THE UNITED STATES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GOVERNMENT AFFAIRS: NCPA FIGHTS FOR THE INTERESTS OF INDEPENDENT COMMUNITY PHARMACISTS. ONE OF ITS MAIN ACTIVITIES IS EDUCATION. NCPA EDUCATES FEDERAL AND STATE POLICYMAKERS, HEALTH PLAN SPONSORS, HEALTH CARE PROVIDERS, THE NEWS MEDIA, THE PUBLIC, AND OTHER STAKEHOLDERS ABOUT THE IMPORTANT ROLE COMMUNITY PHARMACISTS PLAY IN AMERICA'S HEALTH CARE SYSTEM. NCPA ALSO ENGAGES ITS MEMBERS IN TRADITIONAL GRASSROOTS ACTIVITIES. WHEN NECESSARY, THE ASSOCIATION ADVANCES THE INTERESTS OF LOCAL PHARMACISTS THROUGH THE JUDICIAL SYSTEM AS WELL. NCPA MEMBERS ALSO BENEFIT FROM EXCLUSIVE, TIMELY UPDATES ON THE LATEST CONGRESSIONAL, STATE, AND REGULATORY CHANGES THAT AFFECT THEIR BUSINESSES.
MEMBERSHIP SERVICES: IN ADDITION TO THE BENEFITS OF ADVOCACY ON BEHALF OF THE INDEPENDENT COMMUNITY PHARMACY COMMUNITY AS A WHOLE, NCPA MEMBERS RECEIVE A NUMBER OF EXCLUSIVE BENEFITS. NCPA ASSISTS COMMUNITY PHARMACISTS IN THE BUSINESS MANAGEMENT OF THEIR PRACTICES OFFERING PHARMACISTS EDUCATIONAL PROGRAMS, BEST PRACTICE TOOLS, AND PHARMACY SOLUTION INITIATIVES. THESE INCLUDE COLLEAGUE-TO-COLLEAGUE NETWORKING AND DISCUSSION OPPORTUNITIES FOCUSED ON LATEST INDUSTRY HOT TOPICS; LEADS ON BUYING, SELLING OR FINANCING THE PURCHASE OF AN INDEPENDENT PHARMACY; AND PROGRAMS (SIMPLIFY MY MEDS, DIGITAL PHARMACIST, FRONT END OVERHAUL, ULTA LABS, DISPOSE MY MEDS ETC. THAT HELP GROW A COMMUNITY PHARMACY'S AND SATISFY THEIR PATIENTS' HEALTH RELATED NEEDS.
CONVENTION AND MEETINGS: NCPA ORGANIZES AN ANNUAL CONVENTION, WHICH IS THE PREEMINENT EDUCATIONAL, BUSINESS DEVELOPMENT, AND NETWORKING OPPORTUNITY FOR INDEPENDENT COMMUNITY PHARMACISTS. EVERY SPRING, NCPA ORGANIZES AND HOSTS ITS CONGRESSIONAL PHARMACY FLY-IN, DURING WHICH NCPA MEMBERS FROM AROUND THE COUNTRY FLY TO WASHINGTON, DC, TO MEET WITH THEIR FEDERAL REPRESENTATIVES ON KEY ISSUES. OTHER, REGIONAL EVENTS SUPPORTING AND PROMOTING INDEPENDENT PHARMACY OWNERSHIP AND GROWTH ARE HELD ACROSS THE COUNTRY THROUGHOUT THE YEAR.
COMMUNICATIONS: PUBLISHES "AMERICA'S PHARMACIST" THE FLAGSHIP, MONTHLY PRINTED MAGAZINE FOR INDEPENDENT PHARMACISTS, AS WELL AS ELECTRONIC NEWSLETTERS, FAX COMMUNICATIONS, SOCIAL MEDIA COMMUNICATIONS, NCPA.ORG, AND OTHER MEMBER PUBLICATIONS AND RESOURCES. TO EDUCATE THE MEDIA, KEY STAKEHOLDERS, AND THE PUBLIC, NCPA CONDUCTS TRADITIONAL MEDIA OUTREACH, FEATURING PRESS RELEASES, EDITORIALS, AND LETTERS TO THE EDITOR, AS WELL AS DIGITAL AND VIDEO CONTENT FOR GRASSROOTS AND CONSUMER-FOCUSED OUTREACH.
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 |
|---|---|---|---|
Brian D Caswell President | OfficerTrustee | 2 | $42,500 |
Michele M Belcher President-Elect | OfficerTrustee | 2 | $30,000 |
Hugh M Chancy Chairman | OfficerTrustee | 2 | $17,500 |
Jeff Carson Treasurer | OfficerTrustee | 2 | $17,500 |
Lea M Wolsoncroft Board Member | Trustee | 2 | $17,500 |
Jeff S Harrell Board Member | Trustee | 2 | $17,500 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
The Herald Group Llc Advertising Services | 6/29/22 | $3,871,500 |
Ovation Convention Services | 6/29/22 | $366,455 |
Charlotte Convention Center Convention Services | 6/29/22 | $305,470 |
Ropes & Gray Llp Legal Services | 6/29/22 | $288,665 |
The Westin Charlotte Convention Services | 6/29/22 | $224,420 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,200,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,380,791 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,580,791 |
| Total Program Service Revenue | $10,921,591 |
| Investment income | $1,440,023 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $297,046 |
| Net Rental Income | $94,147 |
| Net Gain/Loss on Asset Sales | $1,903,220 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $19,595,077 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $54,054 |
| Grants and other assistance to domestic individuals. | $10,960 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $2,455,530 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,612,943 |
| Pension plan accruals and contributions | $176,465 |
| Other employee benefits | $302,097 |
| Payroll taxes | $440,646 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $379,581 |
| Fees for services: Accounting | $33,292 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $146,433 |
| Fees for services: Other | $749,999 |
| Advertising and promotion | $3,800,805 |
| Office expenses | $589,760 |
| Information technology | $326,608 |
| Royalties | $0 |
| Occupancy | $383,879 |
| Travel | $267,272 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,607,526 |
| Interest | $16,572 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $387,323 |
| Insurance | $113,801 |
| All other expenses | $40,113 |
| Total functional expenses | $17,205,788 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $529 |
| Savings and temporary cash investments | $976,314 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $388,742 |
| 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 | $773,555 |
| Net Land, buildings, and equipment | $6,693,241 |
| Investments—publicly traded securities | $35,747,313 |
| Investments—other securities | $91,100,950 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,549,926 |
| Total assets | $137,230,570 |
| Accounts payable and accrued expenses | $1,301,587 |
| Grants payable | $0 |
| Deferred revenue | $3,238,244 |
| 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 | $202,238 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,046,980 |
| Total liabilities | $5,789,049 |
| Net assets without donor restrictions | $131,441,521 |
| 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 | $137,230,570 |
Grants Awarded
Over the last fiscal year, National Community Pharmacists Association has awarded $72,500 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
INST FOR THE ADVANCEMENT OF COMMUNITY PHARMACY PURPOSE: COALITION FUNDING | $37,500 |
OKLAHOMA PHARMACISTS ASSOCIATION PURPOSE: SPONSORSHIP | $25,000 |
ARKANSAS PHARMACISTS ASSOCIATION PURPOSE: SPONSORSHIP | $10,000 |