North Dakota Pharmaceutical Association is located in Bismarck, ND. The organization was established in 1946. According to its NTEE Classification (S40) the organization is classified as: Business & Industry, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. North Dakota Pharmaceutical 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 12/2021, North Dakota Pharmaceutical Association generated $277.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.1% each year. All expenses for the organization totaled $249.5k during the year ending 12/2021. While expenses have increased by 0.5% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE ASSOCIATION'S MISSION IS TO 1)SUPPORT PHARMACISTS IN PROVIDING OPTIMAL PHARMACEUTICAL CARE, 2) WORK TO IMPROVE PHARMACIST SERVICES AND DELIVERY OF PRODUCTS NEEDED BY HEALTH CARE CONSUMERS AND 3) ADVOCATE THE ROLE OF THE PHARMACIST AS AN ESSENTIAL PROVIDER OF HEALTH CARE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ASSOCIATION ENDEAVORS TO ENHANCE THE PHARMACIST'S ABILITY TO PROVIDE PHARMACEUTICAL CARE AS A PRIMARY HEALTH CARE PROVIDER AND TO FURTHER THE PUBLIC'S RECOGNITION OF THE PROFESSION'S VALUE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jeff Jacobson Chair | OfficerTrustee | 1 | $0 |
Amy Werremeyer Vice President | OfficerTrustee | 1 | $0 |
Jamie Vander Vorste President-Elect | OfficerTrustee | 1 | $0 |
Randy Habeck President | OfficerTrustee | 1 | $0 |
Michael Schwab Executive Vice President | Officer | 40 | $0 |
Carolyn Bodell District 2 Officer | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $20,878 |
All other contributions, gifts, grants, and similar amounts not included above | $10,000 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $30,878 |
Total Program Service Revenue | $124,954 |
Investment income | $35 |
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 | $277,072 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
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. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $150,562 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $9,260 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $619 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $4,870 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $18,150 |
Interest | $831 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $1,874 |
All other expenses | $11,171 |
Total functional expenses | $249,546 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $136,419 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
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 | $5,160 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $2,000 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $143,579 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
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 | $0 |
Other liabilities | $0 |
Total liabilities | $0 |
Net assets without donor restrictions | $138,464 |
Net assets with donor restrictions | $5,115 |
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 | $143,579 |
Over the last fiscal year, we have identified 1 grants that North Dakota Pharmaceutical Association has recieved totaling $10,300.
Awarding Organization | Amount |
---|---|
National Alliance Of State Pharmacy Association N Chesterfield, VA | | $10,300 |
Organization Name | Assets | Revenue |
---|---|---|
Initiative Foundation Little Falls, MN | $95,633,483 | $21,753,358 |
Southwest Initiative Foundation Hutchinson, MN | $108,678,960 | $12,722,630 |
Native American Development Corporation Billings, MT | $7,334,421 | $5,770,439 |
Midwest Minnesota Community Development Corporation Detroit Lakes, MN | $81,373,559 | $8,284,111 |
The International Joint Commission On Allied Health Personnel In Opht St Paul, MN | $4,513,334 | $4,493,708 |
Leading Edge Alliance Inc Eden Prairie, MN | $746,108 | $1,886,367 |
Itasca Economic Development Corporation Grand Rapids, MN | $3,743,708 | $1,851,180 |
Ypo Global One Chapter Inc Minneapolis, MN | $1,165,032 | $1,027,097 |
Dbl Equity Partners Fargo, ND | $983,044 | $953,194 |
The Chamber Grand Forks, ND | $1,073,749 | $736,774 |
Ypo Inc Minneapolis, MN | $820,724 | $680,435 |
National Association For Proficiency Testing Eagan, MN | $611,996 | $719,063 |