Pharmaceutical Product Stewardship Work Group
- Assets
- $5.4m
- Revenue
- $4.2m
- Investments
- $0.0
- Employees
- 0
- Location
- Washington, DC
- Founding
- 09/2016
- Data as of
- 12/2021
- EIN
- 46-4555214
Organization Overview
Pharmaceutical Product Stewardship Work Group is located in Washington, DC. The organization was established in 2016. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pharmaceutical Product Stewardship Work Group 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, Pharmaceutical Product Stewardship Work Group generated $4.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.8% each year. All expenses for the organization totaled $3.8m during the year ending 12/2021. While expenses have increased by 7.6% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
FACILITATE THE APPROPRIATE DISPOSAL OF UNWANTED HOUSEHOLD MEDICINES AND HOME GENERATED SHARPS
Describe the Organization's Program Activity:
Part 3 - Line 4a
COMMUNICATION AND PROGRAM ADMINISTRATION: PPSWG PROVIDES A FORUM TO DEVELOP CONSENSUS AMONG PHARMACEUTICAL AND SHARPS MANUFACTURERS AND A FRAMEWORK FOR ADDRESSING COMPLIANCE WITH HOUSEHOLD-GENERATED UNWANTED PHARMACEUTICAL AND SHARPS PRODUCTS STEWARDSHIP LEGISLATION THROUGH ACTIVE MEMBER ENGAGEMENT. PPSWG RAISES PUBLIC AWARENESS ABOUT THE APPROPRIATE DISPOSAL METHODS FOR HOUSEHOLD-GENERATED UNWANTED PHARMACEUTICAL AND SHARPS PRODUCTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Anne Murray Vice Chairman | OfficerTrustee | 1 | $0 |
Grant Erdel Secretary/treasurer | OfficerTrustee | 1 | $0 |
Lisa Lamond Vice Chairman (until 3/21) | OfficerTrustee | 1 | $0 |
Shawn Brown Chairman | OfficerTrustee | 1 | $0 |
Melissa Letendre VP Finance | Officer | 40 | $0 |
Anne Vogel-Marr Executive Director | Officer | 40 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Association Management Strategies Management | 12/30/21 | $1,932,263 |
Public Affairs Company Education And Outreach | 12/30/21 | $535,000 |
Iqvia Inc Research And Development | 12/30/21 | $192,354 |
Beveridge & Diamond Pc Legal | 12/30/21 | $417,878 |
Med-project Usa Website Development | 12/30/21 | $370,000 |
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 | $4,236,270 |
| Investment income | $1,476 |
| 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 | $4,237,748 |
| 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 | $1,690,000 |
| Fees for services: Legal | $436,892 |
| Fees for services: Accounting | $40,804 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $97,125 |
| Office expenses | $5,077 |
| Information technology | $455,419 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $640 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $14,929 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $252,214 |
| Insurance | $11,897 |
| All other expenses | $26,890 |
| Total functional expenses | $3,775,155 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $250,000 |
| Savings and temporary cash investments | $3,812,828 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $941,429 |
| 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 | $0 |
| Net Land, buildings, and equipment | $357,120 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $5,361,377 |
| Accounts payable and accrued expenses | $266,269 |
| Grants payable | $0 |
| Deferred revenue | $322,974 |
| 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 | $1,337,624 |
| Total liabilities | $1,926,867 |
| Net assets without donor restrictions | $3,434,510 |
| 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 | $5,361,377 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Amt-The Association For Manufacturing Technology Mclean, VA | $46,538,427 | $7,983,774 |
Personal Care Products Council Washington, DC | $26,566,920 | $19,071,135 |
American Hotel & Lodging Association Directory Corporation Washington, DC | $39,158,961 | $23,973,024 |
Responsible Business Alliance Inc Alexandria, VA | $17,217,182 | $20,384,843 |
Asis International Inc Alexandria, VA | $27,323,586 | $13,144,142 |
National Institute For Automotive Service Exellence Leesburg, VA | $25,163,895 | $18,755,834 |
International Masonry Institute Bowie, MD | $25,662,049 | $19,254,775 |
Association For Financial Professionals Inc Bethesda, MD | $30,134,135 | $15,069,162 |
Portland Cement Association Alexandria, VA | $21,852,055 | $18,216,465 |
American College Of Radiology Association Reston, VA | $28,168,186 | $16,951,008 |
Plastics Industry Association Inc Washington, DC | $19,265,703 | $12,261,158 |
Aerospace Industries Association Of America Inc Arlington, VA | $34,239,387 | $18,520,879 |