American Pharmacists Association
- Assets
- $147.5m
- Revenue
- $43.6m
- Investments
- $0.0
- Employees
- 150
- Location
- Washington, DC
- Founding
- 06/1989
- Data as of
- 12/2022
- EIN
- 53-0026265
Organization Overview
American Pharmacists Association, operating under the name Apha, is located in Washington, DC. The organization was established in 1989. According to its NTEE Classification (E03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Health Care and related organizations. As of 12/2022, Apha employed 150 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes. Apha 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, Apha generated $43.6m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.4% each year. All expenses for the organization totaled $36.2m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Apha has awarded 33 individual grants totaling $1,010,917. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
AS THE VOICE OF PHARMACY, THE AMERICAN PHARMACISTS ASSOCIATION LEADS THE PROFESSION AND EQUIPS MEMBERS FOR THEIR ROLE AS THE MEDICATION EXPERT IN TEAM-BASED, PATIENT-CENTERED CARE. APHA WILL ACCOMPLISH THIS BY:* ADVANCING PHARMACISTS' OPTIMAL ROLES IN TEAM-BASED, PATIENT-CENTERED CARE.* PROVIDING OPPORTUNITIES FOR PROFESSIONAL DEVELOPMENT, RECOGNITION, DIFFERENTIATION, AND LEADERSHIP.* DISSEMINATING TIMELY RELEVANT INFORMATION AND STATE-OF-THE-ART TOOLS AND RESOURCES.* RAISING SOCIETAL AWARENESS ABOUT THE ROLE OF PHARMACISTS AS ESSENTIAL IN PATIENT CARE FOR OPTIMAL MEDICATION USE.* CREATING UNIQUE OPPORTUNITIES FOR MEMBERS TO CONNECT AND SHARE WITH PEERS ACROSS PRACTICE SETTINGS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE AMERICAN PHARMACISTS ASSOCIATION (APHA) IS THE ORGANIZATION WHOSE MEMBERS ARE RECOGNIZED IN SOCIETY AS ESSENTIAL IN ALL PATIENT CARE SETTINGS FOR OPTIMAL MEDICATION USE THAT IMPROVES HEALTH, WELLNESS, AND QUALITY OF LIFE. THROUGH INFORMATION, EDUCATION, AND ADVOCACY APHA EMPOWERS ITS MEMBERS TO IMPROVE MEDICATION USE AND PATIENT CARE BY: PROVIDING TIMELY AND ACCURATE INFORMATION THAT IS VITAL TO OUR MEMBERS, RAISING SOCIETAL AWARENESS ABOUT THE ROLE OF PHARMACISTS AS ESSENTIAL IN PATIENT CARE FOR OPTIMAL MEDICATION USE, PROVIDING STATE-OF-THE-ART RESOURCES TO ENHANCE OUR MEMBERS' CONTINUING PROFESSIONAL DEVELOPMENT, EDUCATING AND INFLUENCING LEGISLATORS, POLICY MAKERS, REGULATORS, AND THE PUBLIC TO ADVANCE OUR VISION AND MISSION, CREATING UNIQUE OPPORTUNITIES FOR OUR MEMBERS TO CONNECT AND SHARE WITH THEIR PEERS ACROSS PRACTICE SETTINGS. APHA WAS THE FIRST-ESTABLISHED NATIONAL PROFESSIONAL SOCIETY OF PHARMACISTS, HAVING BEEN FOUNDED IN 1852 AS THE AMERICAN PHARMACEUTICAL ASSOCIATION. IT IS AN ASSOCIATION OF PRACTICING PHARMACISTS, PHARMACEUTICAL SCIENTISTS, STUDENT PHARMACISTS, PHARMACY TECHNICIANS, AND OTHERS INTERESTED IN ADVANCING THE PROFESSION. THROUGH A HOUSE OF DELEGATES THAT MEETS EACH YEAR AT THE APHA ANNUAL MEETING AND EXPOSITION, APHA PROVIDES A FORUM FOR DISCUSSION, CONSENSUS BUILDING, AND POLICY SETTINGS FOR THE PROFESSION OF PHARMACY. IN FACT, NEARLY ALL OF PHARMACY'S SPECIALTY ORGANIZATIONS TRACE THEIR ROOTS TO APHA, HAVING ORIGINALLY BEEN A SECTION OR PART OF THIS BROAD FOUNDATION OF PHARMACY.CONTINUING EDUCATION - APHA IS A LEADING PROVIDER OF CONTINUING PHARMACY EDUCATION AND TRAINING ON TOPICS OF GREATEST IMPORTANCE TO PHARMACISTS. COURSES AND TRAINING ARE OFFERED IN A VARIETY OF FORMATS - IN-PERSON, LIVE-WEBINAR, SELF PACED LEARNING - ALL DELIVERED BY EXPERTS IN THE FIELD.
BOARD OF PHARMACY SPECIALTIES (BPS) - BPS IS THE PREMIER POST-LICENSURE CERTIFICATION AGENCY WORLDWIDE THAT OPERATES ACROSS THE PHARMACY PROFESSION TO PROVIDE SPECIALTY CERTIFICATION OF PHARMACISTS. THE CERTIFICATIONS INCLUDE AMBULATORY CARE, CARDIOLOGY, CRITICAL CARE, GERIATRIC, INFECTIOUS DISEASES, NUCLEAR, NUTRITION SUPPORT, ONCOLOGY, PEDIATRICS, PSYCHIATRIC, PHARMACOTHERAPY, STERILE COMPOUNDING, AND EMERGENCY MEDICINE.
PUBLISHING - APHA PRODUCES PHARMACY TODAY, THE JOURNAL OF AMERICAN PHARMACISTS ASSOCIATION, STUDENT PHARMACISTS AND TRANSITIONS. THE JOURNAL OF AMERICAN PHARMACISTS ASSOCIATION PROVIDES MEMBERS AND NONMEMBERS WITH PEER-REVIEWED ARTICLES, WHILE THE OTHER PUBLICATIONS PROVIDE NEWS AND INFORMATION TO MEMBERS AND NONMEMBERS IN PHARMACY PRACTICE, RESEARCH AND EDUCATION SETTINGS. APHA PRODUCES THE JOURNAL OF PHARMACEUTICAL SCIENCES WHICH INCLUDES ARTICLES OF IMPORTANCE TO PHARMACEUTICAL SCIENTISTS. APHA ALSO PUBLISHES BOOKS RELATED TO THE PHARMACY PROFESSION AND TEXT BOOKS USED BY STUDENT PHARMACISTS. PHARMACY LIBRARY FEATURES APHA'S AUTHORITATIVE TEXTBOOKS, PHARMACOTHERAPY FIRST, AN INTERACTIVE NAPLEX REVIEW AND MORE THAN 250 ACTIVE LEARNING EXERCISES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Theresa Tolle President | OfficerTrustee | 5 | $10,000 |
Valerie Prince President-Elect | OfficerTrustee | 5 | $10,000 |
Sandra Leal Past President | OfficerTrustee | 5 | $11,500 |
Gregory Fox Treasurer | OfficerTrustee | 1 | $5,000 |
Andrew Gentles Trustee | Trustee | 1 | $0 |
Spencer Harpe Trustee | Trustee | 1 | $10,000 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Prometric Llc Administers Bps Exam | 12/30/22 | $847,984 |
Production Resource Group Llc Audio Visual Production | 12/30/22 | $612,504 |
Pbd Worldwide Fulfillment Inventory Mgmt & Customer Service | 12/30/22 | $536,725 |
Computer Support Services Inc License And Hosting | 12/30/22 | $341,436 |
Personify Inc License And Hosting | 12/30/22 | $324,865 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $4,563,502 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,576,529 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,140,031 |
| Total Program Service Revenue | $30,591,832 |
| Investment income | $1,861,493 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $776,085 |
| Net Rental Income | $738,420 |
| Net Gain/Loss on Asset Sales | $873,887 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $43,570,129 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $118,395 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $50,283 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $3,003,715 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $12,173,492 |
| Pension plan accruals and contributions | $528,644 |
| Other employee benefits | $1,158,044 |
| Payroll taxes | $903,606 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $153,799 |
| Fees for services: Accounting | $76,125 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $267,853 |
| Fees for services: Other | $5,169,969 |
| Advertising and promotion | $0 |
| Office expenses | $1,151,143 |
| Information technology | $1,491,484 |
| Royalties | $0 |
| Occupancy | $21,860 |
| Travel | $916,422 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,138,768 |
| Interest | $1,371,242 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,374,425 |
| Insurance | $273,130 |
| All other expenses | $754,858 |
| Total functional expenses | $36,233,471 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $398 |
| Savings and temporary cash investments | $18,287,323 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $7,995,912 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $269,828 |
| Prepaid expenses and deferred charges | $830,096 |
| Net Land, buildings, and equipment | $59,270,061 |
| Investments—publicly traded securities | $58,020,760 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $258,464 |
| Other assets | $2,548,235 |
| Total assets | $147,481,077 |
| Accounts payable and accrued expenses | $7,373,368 |
| Grants payable | $0 |
| Deferred revenue | $4,598,921 |
| 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 | $108,584,639 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $997,498 |
| Total liabilities | $121,554,426 |
| Net assets without donor restrictions | $25,781,061 |
| Net assets with donor restrictions | $145,590 |
| 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 | $147,481,077 |
Grants Awarded
Over the last fiscal year, American Pharmacists Association has awarded $118,395 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
ACCREDITATION COUNCIL ON PHARMACY EDUCATION PURPOSE: DUES | $86,400 |
PQA PURPOSE: DUES | $16,995 |
PROFESSIONAL CERTIFICATION COALITION PURPOSE: DUES | $15,000 |