Healthcare Supply Chain Association
- Assets
- $1.3m
- Revenue
- $2.1m
- Investments
- $0.0
- Employees
- 0
- Location
- Washington, DC
- Founding
- 11/1990
- Data as of
- 12/2023
- EIN
- 52-1699732
Organization Overview
Healthcare Supply Chain Association is located in Washington, DC. The organization was established in 1990. According to its NTEE Classification (E21) the organization is classified as: Community Health Systems, 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. Healthcare Supply Chain 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 12/2023, Healthcare Supply Chain Association generated $2.1m 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 $1.9m during the year ending 12/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO WORK COLLABORATIVELY WITH ALL LEGISLATIVE AND REGULATORY AUTHORITIES TO ENSURE FAIR AND EFFICIENT PROCUREMENT PRACTICES IN AN OPEN AND COMPETITIVE MARKET WITHIN THE HEALTH INDUSTRY; TO PROVIDE EDUCATIONAL OPPORTUNITIES DESIGNED TO IMPROVE EFFICIENCIES IN THE PURCHASE, SALE AND UTILIZATION OF ALL GOODS AND SERVICES WITHIN THE HEALTH INDUSTRY; TO UPHOLD THE ETHICAL CONDUCT OF BUSINESS PRACTICES WITHIN THE INDUSTRY AND THE STANDARDS ADOPTED BY THE HEALTHCARE GROUP PURCHASING INDUSTRY INITIATIVE THAT ARE INTENDED TO STRENGTHEN THE INTEGRITY OF THE HEALTH CARE SUPPLY CHAIN; TO ENHANCE THE AWARENESS OF OUR MEMBERS' EFFORTS TO SUPPORT THE DELIVERY OF HIGH-QUALITY, COST EFFECTIVE HEALTH CARE; AND TO PROMOTE MEANINGFUL DIALOGUE BETWEEN HEALTH INDUSTRY ORGANIZATIONS ENGAGED IN GROUP PURCHASING AND OTHER INDUSTRY ENTITIES ON ISSUES OF MUTUAL INTEREST.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PUBLIC POLICY AND RELATIONS - HSCA WORKS COLLABORATIVELY WITH ALL LEGISLATIVE AND REGULATORY AUTHORITIES TO ENSURE FAIR AND EFFICIENT PROCUREMENT PRACTICES IN AN OPEN AND COMPETITIVE MARKET WITHIN THE HEALTH INDUSTRY. THROUGH FOCUSED COMMUNICATIONS AND OUTREACH PERFORMED IN CONJUNCTION WITH RESEARCH CONDUCTED OR SPONSORED BY HSCA AND ITS MEMBERS, HSCA ENHANCES THE AWARENESS OF MEMBERS' EFFORTS TO SUPPORT THE DELIVERY OF HIGH QUALITY, COST EFFECTIVE HEALTHCARE. HSCA ALSO ACTIVELY PROMOTES MEANINGFUL DIALOGUE BETWEEN HEALTH INDUSTRY ORGANIZATIONS ENGAGED IN GROUP PURCHASING AND OTHER INDUSTRY ENTITIES ON ISSUES OF MUTUAL INTEREST.
PHARMACY FORUM - THE PHARMACY FORUM PROVIDES MEMBERS WITH INFORMATION ON THE LATEST DEVELOPMENTS IN THE PHARMACY INDUSTRY.
LEADERSHIP SUMMIT - HSCA STARTING HOSTING THE SUPPLY CHAIN LEADERSHIP SUMMIT EVERY OTHER YEAR AS OF THE YEAR 2023. HSCA REPRESENTS LEADING HEALTHCARE GROUP PURCHASING ORGANIZATIONS (GPOS) AND WORKS ALONGSIDE ITS MEMBERS TO SUPPORT COLLABORATION, INNOVATION, AND TRANSPARENCY THROUGHOUT THE HEALTHCARE SUPPLY CHAIN. DURING THE THREE-DAY EVENT, INDUSTRY LEADERS EXPLORED HOW TO CREATE AND MAINTAIN A RESILIENT, EFFICIENT, AND GEOGRAPHICALLY DIVERSE HEALTHCARE SUPPLY CHAIN. THIS YEAR'S SPEAKERS AND PANELISTS REPRESENTED A WIDE VARIETY OF FIELDS, INCLUDING FEDERAL AGENCIES, TRADE ASSOCIATIONS, GROUP PURCHASING ORGANIZATIONS, PROVIDERS, AND ACADEMIA. THE SUMMIT FEATURED ORIGINAL SUPPLY CHAIN RESEARCH FROM HSCA MEMBER GPOS AND ENCOURAGED A PROACTIVE APPROACH TO IMPROVING ALL ASPECTS OF THE SUPPLY CHAIN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Todd Ebert President And CEO | Officer | 40 | $0 |
Nelo Allen Hamilton Executive Director | Officer | 40 | $0 |
Jennifer Gedney Chair Until June 2023 | OfficerTrustee | 4 | $0 |
Roger Nolan Director Then Chair As Of June 2023 | OfficerTrustee | 4 | $0 |
Michelle Pleiness Treasurer And Secretary | OfficerTrustee | 4 | $0 |
Bharat Sundaram Imm. Past President Until June 2023 | Trustee | 4 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
The Vogel Group Lobbying | 12/30/23 | $176,400 |
Rational 360 Public Relations | 12/30/23 | $329,271 |
Venn Strategies Management Services | 12/30/23 | $168,000 |
D Major Group Government Affairs | 12/30/23 | $162,000 |
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 | $2,076,798 |
| Investment income | $64,238 |
| 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 | $2,141,036 |
| 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. | $579,206 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $9,720 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $17,791 |
| Payroll taxes | $25,815 |
| Fees for services: Management | $144,000 |
| Fees for services: Legal | $51,959 |
| Fees for services: Accounting | $12,390 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $748,723 |
| Advertising and promotion | $2,991 |
| Office expenses | $5,845 |
| Information technology | $1,565 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $21,250 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $183,278 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $4,563 |
| All other expenses | $0 |
| Total functional expenses | $1,874,119 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,259,590 |
| 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 | $8,716 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,268,306 |
| Accounts payable and accrued expenses | $13,418 |
| Grants payable | $0 |
| Deferred revenue | $74,366 |
| 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 | $87,784 |
| Net assets without donor restrictions | $1,180,522 |
| 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 | $1,268,306 |