Med-Project Usa
- Assets
- $62.0m
- Revenue
- $35.8m
- Investments
- $0.0
- Employees
- 0
- Location
- Washington, DC
- Founding
- Data as of
- 12/2022
- EIN
- 84-3694182
Organization Overview
Med-Project Usa is located in Washington, DC. According to its NTEE Classification (F20) the organization is classified as: Substance Abuse Dependency, Prevention & Treatment, under the broad grouping of Mental Health & Crisis Intervention and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Med-Project USA 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, Med-Project USA generated $35.8m in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 7.9% each year. All expenses for the organization totaled $34.4m during the year ending 12/2022. While expenses have increased by 6.2% per year over the past 3 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
ON BEHALF OF PARTICIPATING COMPANIES FROM THE PHARMACEUTICAL INDUSTRY, MED-PROJECT PROVIDES SAFE, EFFECTIVE, AND COMPLIANT PHARMACEUTICAL PRODUCT TAKEBACK PROGRAMS MANDATED BY STATE AND LOCAL GOVERNMENTS FOR UNWANTED HOUSEHOLD MEDICINES AND SHARPS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COLLECTION AND DISPOSAL: ACTIVITIES INCLUDE, BUT ARE NOT LIMITED TO: (I) PUBLIC OUTREACH AND EDUCATION TO PATIENTS, HEALTH CARE PROVIDERS, AND OTHER RELEVANT STAKEHOLDERS ON THE SAFE STORAGE OF MEDICATIONS AND THE APPROPRIATE, SAFE AND SECURE DISPOSAL OF HOUSEHOLD-GENERATED UNWANTED PHARMACEUTICAL PRODUCTS; (II) THE COLLECTION AND DISPOSAL OF HOUSEHOLD-GENERATED UNWANTED PHARMACEUTICAL PRODUCTS; (III) PROGRAM ADMINISTRATION RELATED TO AND REQUIRED BY (I) AND (II) ABOVE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ray Sharples Chair | OfficerTrustee | 1 | $0 |
Stacy Burch Vice Chair | OfficerTrustee | 1 | $0 |
Rob Somers Past Chair | OfficerTrustee | 1 | $0 |
Lorraine Cancro Director | Trustee | 1 | $0 |
Erin Gasway Director | Trustee | 1 | $0 |
Peter Wilson Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Adp Totalsource Group Inc Professional Employment Organization | 12/30/22 | $11,084,332 |
Covanta Environmental Solutions Llc Collection And Disposal | 12/30/22 | $7,245,355 |
Stericycle Environmental Solutions Collection And Disposal | 12/30/22 | $4,804,266 |
Mosaic Sales Solutions Us Operating Co L Temporary Staffing Services | 12/30/22 | $2,957,638 |
Civilian Agency Media Services | 12/30/22 | $2,847,066 |
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 | $35,644,736 |
| Investment income | $52,652 |
| 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 | $35,754,248 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $141,045 |
| 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 | $10,826,438 |
| Fees for services: Legal | $1,034,249 |
| Fees for services: Accounting | $158,934 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,684,911 |
| Advertising and promotion | $3,480,955 |
| Office expenses | $0 |
| Information technology | $1,469,599 |
| Royalties | $0 |
| Occupancy | $75,441 |
| Travel | $998,209 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,213,419 |
| Insurance | $161,334 |
| All other expenses | $76,451 |
| Total functional expenses | $34,388,834 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $22,380,157 |
| Savings and temporary cash investments | $9,072,816 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $9,944,574 |
| 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 | $453,514 |
| Net Land, buildings, and equipment | $4,752,223 |
| Investments—publicly traded securities | $15,440,070 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $62,043,354 |
| Accounts payable and accrued expenses | $10,707,830 |
| Grants payable | $0 |
| Deferred revenue | $9,970,605 |
| 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 | $25,655,393 |
| Total liabilities | $46,333,828 |
| Net assets without donor restrictions | $15,709,526 |
| 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 | $62,043,354 |