Maryland Society Of Hospital Pharmacists Incorporated is located in Westford, MA. The organization was established in 1977. According to its NTEE Classification (E20) the organization is classified as: Hospitals, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Maryland Society Of Hospital Pharmacists Incorporated 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 06/2022, Maryland Society Of Hospital Pharmacists Incorporated generated $112.2k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.1%) each year. All expenses for the organization totaled $102.5k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (4.1%) per year over the past 7 years. 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
2022
Describe the Organization's Program Activity:
Part 3
MEMBER SERVICE: THROUGH EDUCATION, REASEARCH AND ADVOCACY, MSHP PROMOTES THE INVALUABLE ROLE OF PHARMACY PRACTITIONERS IN HEALTHCARE DELIVERY ACROSS HEALTH-SYSTEMS IN MARYLAND THROUGH RESPECTED EDUCATION, ACCOUNTABLITY AND LEADERSHIP.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Molly Wascher President | 5 | $0 | |
Dorela Priftanji President-El | 5 | $0 | |
Sandeep Devbhathuni Imm Past Pre | 5 | $0 | |
Srilaxmi Musunuri Treasurer | 5 | $0 | |
Jen Kogan Secretary | 5 | $0 | |
Janet Lee Director | 5 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $50 |
| Total Program Service Revenue | $56,021 |
| Membership dues | $39,735 |
| Investment income | $7,387 |
| Gain or Loss | $9,003 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $112,196 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $51,775 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $71 |
| Other expenses | $50,615 |
| Total expenses | $102,461 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $378,598 |
| Other assets | $0 |
| Total assets | $378,598 |
| Total liabilities | $25,208 |
| Net assets or fund balances | $353,390 |