American Society For Pharmacy Law is located in Springfield, IL. The organization was established in 1982. According to its NTEE Classification (E60) the organization is classified as: Health Support, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Society For Pharmacy Law 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 12/2022, American Society For Pharmacy Law generated $286.4k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.2% each year. All expenses for the organization totaled $292.4k during the year ending 12/2022. While expenses have increased by 3.8% per year over the past 8 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
EDUCATION - PHARMACISTS/PHARMACY LAW
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO EDUCATE PHARMACISTS-ATTORNEYS, PHARMACISTS, ATTORNEYS AND OTHER INTERESTED PARTIES THROUGH AN ANNUAL SEMINAR AND THROUGH A NEWSLETTER AND OTHER PUBLICATIONS ON THE LEGAL ISSUES THAT AFFECT PHARMACY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Erin Albert Immed Past P | OfficerTrustee | 2 | $0 |
Jennell Bilek President El | OfficerTrustee | 2 | $0 |
Jim Ruble President | OfficerTrustee | 2 | $0 |
Martin Dix Treasurer | OfficerTrustee | 2 | $0 |
Henry Hine Director | Trustee | 2 | $0 |
Michael Dowell Director | Trustee | 2 | $0 |
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 | $5,850 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $5,850 |
Total Program Service Revenue | $272,281 |
Investment income | $7,227 |
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 | $286,358 |
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 | $60,000 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $4,000 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $9,181 |
Advertising and promotion | $0 |
Office expenses | $5,776 |
Information technology | $11,908 |
Royalties | $0 |
Occupancy | $0 |
Travel | $25,583 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $152,215 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $3,521 |
All other expenses | $0 |
Total functional expenses | $292,442 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $286,010 |
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 | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $242,451 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $528,461 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $45,465 |
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 | $45,465 |
Net assets without donor restrictions | $482,996 |
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 | $528,461 |
Beg. Balance | $10,689 |
Earnings | -$4,560 |
Net Contributions | $9,421 |
Ending Balance | $16,301 |
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