South Carolina Pharmaceutical Association
- Assets
- $1.7m
- Revenue
- $901.3k
- Investments
- $294.3k
- Employees
- 6
- Location
- Columbia, SC
- Founding
- 10/2003
- Data as of
- 09/2023
- EIN
- 57-0474593
Organization Overview
South Carolina Pharmaceutical Association, operating under the name South Carolina Pharmacy Association, is located in Columbia, SC. The organization was established in 2003. 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. As of 09/2023, South Carolina Pharmacy Association employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. South Carolina Pharmacy 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 09/2023, South Carolina Pharmacy Association generated $901.3k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.5% each year. All expenses for the organization totaled $791.5k during the year ending 09/2023. 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 SERVE ITS MEMBERS, ENABLING THEM TO ADVANCE THE PRACTICE AND SCIENCE OF PHARMACY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FIRST ACCOMPLISHMENT MEMBER ENGAGEMENT - SCPHA IS HERE TO SERVE ALL PROFESSIONALS IN THE INDUSTRY OF PHARMACY. WE PROVIDE NETWORKING OPPORTUNITIES THROUGHOUT THE YEAR TO GIVE PHARMACISTS, TECHNICIANS, AND STUDENTS THE OPPORTUNITY TO CONNECT WITH OTHERS IN THEIR FIELD. OUR NETWORKING EVENTS HAVE LED TO MANY JOB OFFERS AND OPPORTUNITIES FOR PERSONAL AND PROFESSIONAL GROWTH. THE PALMETTO PHARMACIST IS OUR QUARTERLY JOURNAL THAT INCLUDES ARTICLES ABOUT HOT TOPICS IN PHARMACY, ANNOUNCEMENTS ABOUT UPCOMING EVENTS AND CE OPPORTUNITIES, AND UPDATES ON WHAT IS HAPPENING IN OTHER PHARMACIES ACROSS THE STATE. SMALL DOSES IS OUR WEEKLY NEWSLETTER THAT IS SENT VIA EMAIL TO MEMBERS INDUSTRY UPDATES ON TUESDAY AND SCPHA NEWS ON FRIDAY. MEMBERSCAN SIGN UP FOR RXALERT TO RECEIVE IMPORTANT ALERTS REGARDING PRESCRIPTIONFRAUD AND PHARMACY SAFETY - RXALERT CAN BE RECEIVED BY EMAIL.MEMBERS HAVE ACCESS TO SPECIAL PROGRAMS AND INFORMATION FROM PHARMACISTSMUTUAL. SCPHA IS PLEASED TO ASSIST WITH ANY PHARMACY LAW QUESTIONS THATMEMBERS MAY HAVE. MEMBERS CAN SUBMIT THEIR QUESTIONS VIA A SECURE FORM ANDOUR ATTORNEY WILL THEN FOLLOW UP TO ANSWER THE QUESTIONS OR DETERMINE THENEXT STEPS.
CONTINUING PROFESSIONAL EDUCATION - SCPHA SPONSORS VARIOUS EDUCATIONALSEMINARS FOR THE EDUCATIONAL REQUIREMENTS OF THE STATE'S REGISTEREDPHARMACISTS IN MAINTAINING STATE LICENSURE.
CONVENTION - SCPHA SPONSORS AN ANNUAL CONVENTION FOR MEMBERS. REGISTRATIONAND EXHIBITOR FEES ARE CHARGED. AN ANNUAL BUSINESS MEETING IS HELD AS WELLAS SEMINARS ON PHARMACY-RELATED TOPICS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Helen Sairany Former CEO | 40 | $57,292 | |
James R Guida Rph Interim CEO | Officer | 40 | $41,554 |
Deborah Bowers Upstate Region | Trustee | 5 | $0 |
Taylor Meyers Speaker Of The | Trustee | 5 | $0 |
Alyssa Norwood Speaker Elect | Trustee | 5 | $0 |
Whitney Pence Director At Lar | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $60,048 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $286,904 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $346,952 |
| Total Program Service Revenue | $394,734 |
| Investment income | $1,338 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $153,155 |
| 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 | $901,318 |
| 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. | $95,409 |
| Compensation of current officers, directors, key employees. | $8,916 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $126,412 |
| Pension plan accruals and contributions | $4,789 |
| Other employee benefits | $12,403 |
| Payroll taxes | $21,465 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $6,750 |
| Fees for services: Accounting | $48,070 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $72,835 |
| Advertising and promotion | $0 |
| Office expenses | $52,989 |
| Information technology | $12,568 |
| Royalties | $0 |
| Occupancy | $67,808 |
| Travel | $42,775 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $125,446 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $26,816 |
| Insurance | $7,317 |
| All other expenses | $0 |
| Total functional expenses | $791,528 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $110,820 |
| Savings and temporary cash investments | $45,731 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $37,041 |
| 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 | $10,000 |
| Net Land, buildings, and equipment | $896,101 |
| Investments—publicly traded securities | $300,942 |
| Investments—other securities | $294,321 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,694,956 |
| Accounts payable and accrued expenses | $6,729 |
| Grants payable | $0 |
| Deferred revenue | $42,697 |
| 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 | $18,207 |
| Total liabilities | $67,633 |
| Net assets without donor restrictions | $1,627,323 |
| 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 | $1,694,956 |