Massachusetts Independent Pharmacists Association Inc
- Assets
- $343.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Stoughton, MA
- Founding
- Data as of
- 12/2021
- EIN
- 84-3781946
Organization Overview
Massachusetts Independent Pharmacists Association Inc is located in Stoughton, MA. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Massachusetts Independent Pharmacists Association Inc 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 12/2021, Massachusetts Independent Pharmacists Association Inc generated $161.7k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 27.7% each year . All expenses for the organization totaled $61.4k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Todd Brown Secretary | 10 | $25,000 | |
Joseph Chammas President | 0 | $0 | |
Maryana Rodriguez First VP | 0 | $0 | |
Mike Wilson Second VP | 0 | $0 | |
Hieu Vinh Director | 0 | $0 | |
Sadd Dinno Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $54,842 |
| Total Program Service Revenue | $15,099 |
| Membership dues | $43,751 |
| Investment income | $48,004 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $161,696 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $25,000 |
| Professional fees and other payments to independent contractors | $1,370 |
| Occupancy, rent, utilities, and maintenance | $1,143 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $33,882 |
| Total expenses | $61,395 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $343,044 |
| Other assets | $0 |
| Total assets | $343,044 |
| Total liabilities | $0 |
| Net assets or fund balances | $343,044 |
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