Rhode Island Pharmaceutical Association
- Assets
- $151.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Warwick, RI
- Founding
- 07/1969
- Data as of
- 06/2023
- EIN
- 05-0208695
Organization Overview
Rhode Island Pharmaceutical Association is located in Warwick, RI. The organization was established in 1969. According to its NTEE Classification (S46) the organization is classified as: Boards of Trade, 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. Rhode Island Pharmaceutical 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 06/2023, Rhode Island Pharmaceutical Association generated $57.9k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 16.2% each year . All expenses for the organization totaled $42.5k during the year ending 06/2023. While expenses have increased by 10.1% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
SCHOLARSHIPS AND GRANTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeff Del Ricci President-Elect | 5 | $0 | |
Chris Federico President | 20 | $0 | |
Madeleine Ng Secretary | 5 | $0 | |
Philip Ly Treasurer | 20 | $0 | |
Brianna Kimball Director | 5 | $0 | |
Erin Connolly Director | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,737 |
| Total Program Service Revenue | $0 |
| Membership dues | $38,456 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $16,713 |
| Other Revenue | $0 |
| Total Revenue | $57,906 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $18,552 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $2,800 |
| Occupancy, rent, utilities, and maintenance | $2,660 |
| Printing, publications, postage, and shipping | $7,611 |
| Other expenses | $0 |
| Total expenses | $42,473 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $151,433 |
| Other assets | $0 |
| Total assets | $151,433 |
| Total liabilities | $0 |
| Net assets or fund balances | $151,433 |