National Alliance Of State Pharmacy Association
- Assets
- $1.9m
- Revenue
- $1.3m
- Investments
- $0.0
- Employees
- 11
- Location
- N Chesterfield, VA
- Founding
- 04/1966
- Data as of
- 12/2021
- EIN
- 91-6064070
Organization Overview
National Alliance Of State Pharmacy Association is located in N Chesterfield, VA. The organization was established in 1966. 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 12/2021, National Alliance Of State Pharmacy Association employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National Alliance Of State 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 12/2021, National Alliance Of State Pharmacy Association generated $1.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.8% each year. All expenses for the organization totaled $1.1m during the year ending 12/2021. While expenses have increased by 10.2% per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF NASPA IS TO ENHANCE THE SUCCESS OF STATE PHARMACY ASSOCIATIONS IN THEIR EFFORTS TO ADVANCE THE PROFESSION OF PHARMACY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE A FORUM FOR THE EXCHANGE OF IDEAS AND EXPERIENCE AND TO ADVANCE THE PROFESSIONAL STANDARDS ASSOCIATED WITH PHARMACY PRACTICES.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rebecca Snead Executive Vi | Officer | 55 | $206,107 |
Garth Reynolds President | OfficerTrustee | 3 | $0 |
Kelly Fine Past Preside | OfficerTrustee | 2 | $0 |
Kate Gainer President El | OfficerTrustee | 2 | $0 |
Mike Schwab Secretary/tr | OfficerTrustee | 2 | $0 |
Debra Billingsly Director | Trustee | 1 | $0 |
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 | $601,750 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $601,750 |
| Total Program Service Revenue | $623,372 |
| Investment income | $39,767 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $34,407 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,299,296 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $163,260 |
| 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 | $724,346 |
| Pension plan accruals and contributions | $26,562 |
| Other employee benefits | $14,813 |
| Payroll taxes | $68,087 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $30,863 |
| Fees for services: Accounting | $11,190 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,435 |
| Advertising and promotion | $0 |
| Office expenses | $16,060 |
| Information technology | $6,684 |
| Royalties | $0 |
| Occupancy | $11,063 |
| Travel | $8,018 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $30,605 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,245 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $1,141,885 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $284,534 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $83,195 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $205,567 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $867 |
| Net Land, buildings, and equipment | $7,159 |
| Investments—publicly traded securities | $1,292,103 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $6,149 |
| Other assets | $0 |
| Total assets | $1,879,574 |
| Accounts payable and accrued expenses | $26,237 |
| Grants payable | $0 |
| Deferred revenue | $241,292 |
| 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 | $267,529 |
| Net assets without donor restrictions | $1,434,031 |
| Net assets with donor restrictions | $178,014 |
| 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 | $1,879,574 |
Grants Awarded
Over the last fiscal year, National Alliance Of State Pharmacy Association has awarded $18,100 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Bismarck, ND | | $10,300 |
Albuquerque, NM | | $7,800 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that National Alliance Of State Pharmacy Association has recieved totaling $30,000.
| Awarding Organization | Amount |
|---|---|
Partnership For Safe Medicines Inc Washington, DC PURPOSE: CONTRIBUTION | $30,000 |
Endowment Analysis
| Beg. Balance | $123,528 |
| Earnings | $9,796 |
| Admin Expense | $3,475 |
| Other Expense | $129,849 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Amt-The Association For Manufacturing Technology Mclean, VA | $46,538,427 | $7,983,774 |
Personal Care Products Council Washington, DC | $26,566,920 | $19,071,135 |
American Hotel & Lodging Association Directory Corporation Washington, DC | $39,158,961 | $23,973,024 |
Nashville Convention & Visitors Bureau Nashville, TN | $15,667,602 | $21,623,147 |
Responsible Business Alliance Inc Alexandria, VA | $17,217,182 | $20,384,843 |
Asis International Inc Alexandria, VA | $27,323,586 | $13,144,142 |
National Institute For Automotive Service Exellence Leesburg, VA | $25,163,895 | $18,755,834 |
International Masonry Institute Bowie, MD | $25,662,049 | $19,254,775 |
Association For Financial Professionals Inc Bethesda, MD | $30,134,135 | $15,069,162 |
Portland Cement Association Alexandria, VA | $21,852,055 | $18,216,465 |
American College Of Radiology Association Reston, VA | $28,168,186 | $16,951,008 |
Plastics Industry Association Inc Washington, DC | $19,265,703 | $12,261,158 |