Pharmaceutical And Biopharmaceutical Outsourcing Asso

Organization Overview

Pharmaceutical And Biopharmaceutical Outsourcing Asso, operating under the name Outsourcing Asso, is located in Ringwood, NJ. The organization was established in 2015. 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. Outsourcing Asso 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 12/2022, Outsourcing Asso generated $656.9k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.2% each year . All expenses for the organization totaled $509.4k during the year ending 12/2022. While expenses have increased by 12.4% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

REPRESENT THE INTERESTS OF THE PHARMACEUTICAL AND BIOPHARMACEUTICAL CONTRACT MANUFACTURING INDUSTRY

Describe the Organization's Program Activity:

Part 3 - Line 4a

REPRESENT THE REGULATORY, LEGISLATIVE AND GENERAL BUSINESS INTERESTS OF THE PHARMACEUTICAL AND BIOPHARMACEUTICAL CONTRACT MANUFACTURING AND DEVELOPMENT SERVICE INDUSTRIES


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Board, Officers & Key Employees

Name (title)Compensation
Gil Roth
President
$172,860
Tom Thorpe
Trustee
$0
William Donovan
Trustee/secretary
$0
Peter Bigelow
Trustee/chairman
$0
Cornell Stamoran
Trustee/treasurer
$0
Amar Karandikar
Trustee
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$648,375
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$648,375
Total Program Service Revenue$7,868
Investment income $642
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 $656,885

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