Guild For Professional Pharmacists

The information for Guild For Professional Pharmacists is as of the organization's most recent filing in December 2019. This organization is located in Sacramento, CA. It has been in existence for 39 years, following its founding in 1980.

Organization Classification

The IRS classifies organizations according to the National Taxonomy of Exempt Entities (NTEE) system. The NTEE system helps the IRS assign a 3-character code to each organization to describe the organization's activities.

The Guild For Professional Pharmacists' NTEE code is J40. The "J" tells us that the organization is classified along with Employment. The "40" tells us that the organization is a Labor Unions. The NTEE describes Labor Unions as organizations that work to promote the rights of employees to fair remuneration and safe working conditions.

Every organization is also governed by a specific section of the Internal Revenue Code. The most common type is a 501(c)(3) organization. However, there are actually 29 different types of organizations that are identified by the Internal Revenue Code. This organization happens to be a 501(c)(5) organization. The IRS describes these organizations as those engaged in Labor, Agricultural and Horticultural Organizations.

Perhaps the most accurate way to get a sense of what the organization hopes to achieve is by looking at its mission. The mission of the Guild For Professional Pharmacists is to serve as a labor union for pharmacists.

Program Areas

Program Area 1: The compensation of officers and directors involved in contract negotiations, grievances, and other aspects of union is reported under this fund.

Program Area 2: Legal fees for contract negotiations, grievances and other union work are reported through this fund.

Program Area 3: This program area covers the travel and other costs related to contract negotiations and representation services.

Organization Staffing

Guild For Professional Pharmacists is run by Howard Hertz, who is the President. The organization has 5 employees, of whom 2 are paid more than $100k per year (according to the organization's most recent 990 tax filing). There are no volunteers supporting the paid staff.

Board Governance

Guild For Professional Pharmacists appears to have a well-structured governance system in place. With 16 voting members and 8 independent members, the organization is able to ensure that all voices are heard when making decisions. The board meetings are documented, which allows for transparency and accountability. The organization also has a conflict of interest policy and requires disclosure of conflicts, which helps to prevent any potential conflicts of interest. The organization also has a written whistleblower policy, a document retention policy, and provides copies of the 990 to the board prior to filing. Finally, the organization substantiates and reviews leadership and officer salaries, ensuring that all salaries are fair and reasonable. All of these factors indicate that Guild For Professional Pharmacists is well-governed and takes its responsibilities seriously.

Organization Growth

The Guild For Professional Pharmacists has experienced mixed growth over the five year period from 2014 to 2019. Contributions & Grants Received decreased, while Investment Income and Total Revenue increased. Employee Salaries and Total Expenses decreased, while the number of Total Employees decreased. Taken as a whole, it is clear that the organization has taken steps to become more efficient and effective over the past five years.