Drug Information Association Inc
- Assets
- $19.7m
- Revenue
- $18.9m
- Investments
- $0.0
- Employees
- 58
- Location
- Washington, DC
- Founding
- 07/1973
- Data as of
- 12/2020
- EIN
- 23-7311318
Organization Overview
Drug Information Association Inc is located in Washington, DC. The organization was established in 1973. According to its NTEE Classification (E03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Health Care and related organizations. As of 12/2021, Drug Information Association Inc employed 58 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Drug Information Association Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2020, Drug Information Association Inc generated $18.9m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (3.0%) each year. All expenses for the organization totaled $19.0m during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (3.6%) per year over the past 6 years. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O
Describe the Organization's Program Activity:
Part 3 - Line 4a
DIA PROVIDES PROGRAMS TO DEVELOP, STRENGTHEN, AND SUPPORT COLLABORATION WITH POLICY MAKERS, INDUSTRY REPRESENTATIVES, PUBLIC HEALTH AUTHORITIES, ACADEMIA AND OTHER HEALTHCARE STAKEHOLDERS.
SEE SCHEDULE O
SEE SCHEDULE O
PUBLICATIONS: THERAPEUTIC INNOVATION & REGULATORY SCIENCE PUBLICATION (TIRS) IS THE OFFICIAL JOURNAL OF DIA. ITS MISSION IS TO ADVANCE HEALTHCARE PRODUCT DISCOVERY, DEVELOPMENT, REGULATION, AND USE THROUGH THE PUBLICATION OF PEER-REVIEWED ARTICLES AND COMMENTARIES ACROSS THE SPECTRUM OF CONVERTING BIOMEDICAL SCIENCE INTO PRACTICAL SOLUTIONS TO ADVANCE HUMAN HEALTH. IT IS PUBLISHED IN ODD NUMBER MONTHS, JANUARY, MARCH, MAY, JULY, SEPTEMBER, AND NOVEMBER. DIA ALSO PUBLISHES THE GLOBAL FORUM, ANOTHER E-PUBLICATION. IT OFFERS EXPERT GLOBAL AND REGIONAL COVERAGE OF DISCOVERY, DEVELOPMENT, REGULATION, SURVEILLANCE, AND MARKETING OF HEALTHCARE PRODUCTS, INCLUDING INTERVIEWS WITH LEADERS AND TOPICAL SUMMARIES FROM EDUCATIONAL EVENTS. IT IS PUBLISHED MONTHLY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Barbara Lopez Kunz Global Chief Executive | Officer | 40 | $831,686 |
Ania Mitan Svp/managing Dir, Emeais | Officer | 40 | $286,724 |
Vivianna Guzman Chief Financial Officer(02/21-12/21) | Officer | 40 | $280,174 |
Tim Hess Vice President, It | Officer | 40 | $238,605 |
Cathy Persidis Associate Dir, Emea Operations | 40 | $189,824 | |
Ozgur Kara Regional Assoc. Dir, Emea Finance | 40 | $183,041 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Smithbucklin Corporation Exhibit Sales Commissions | 12/30/21 | $231,076 |
Rsm Accounting Services | 12/30/21 | $436,834 |
Shuffle Labs It Consulting Support Services | 12/30/21 | $245,250 |
Covr Audio Visual Services | 12/30/21 | $323,397 |
Grant Thornton Audit And Tax Services | 12/30/21 | $201,508 |
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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $13,634,198 |
| Investment income | $198,767 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $72,829 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $18,905,794 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $220 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,971,597 |
| Compensation of current officers, directors, key employees. | $492,899 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $6,344,690 |
| Pension plan accruals and contributions | $311,428 |
| Other employee benefits | $596,908 |
| Payroll taxes | $589,103 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $173,189 |
| Fees for services: Accounting | $310,369 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $81,939 |
| Fees for services: Other | $722,961 |
| Advertising and promotion | $215,532 |
| Office expenses | $187,923 |
| Information technology | $458,148 |
| Royalties | $0 |
| Occupancy | $664,771 |
| Travel | $86,625 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $96,851 |
| Interest | $18,759 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $371,077 |
| Insurance | $101,195 |
| All other expenses | $170,396 |
| Total functional expenses | $19,022,854 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $8,151,662 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $350,919 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $1,118,714 |
| Net Land, buildings, and equipment | $782,495 |
| Investments—publicly traded securities | $8,145,238 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,189,440 |
| Total assets | $19,738,468 |
| Accounts payable and accrued expenses | $6,109,962 |
| Grants payable | $0 |
| Deferred revenue | $1,692,007 |
| 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 | $3,000,000 |
| Other liabilities | $1,058,372 |
| Total liabilities | $11,860,341 |
| Net assets without donor restrictions | $7,878,127 |
| Net assets with donor restrictions | $0 |
| 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 | $19,738,468 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Drug Information Association Inc has recieved totaling $20,335.
| Awarding Organization | Amount |
|---|---|
Pharmaceutical Research And Manufacturers Of America Washington, DC PURPOSE: General Contribution | $20,335 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American Health Care Association And Subsidiary Washington, DC | $42,939,988 | $48,686,518 |
American Physical Therapy Association Alexandria, VA | $61,402,503 | $48,378,744 |
American College Of Obstetricians And Gynecologists Washington, DC | $106,112,762 | $64,499,818 |
American Pharmacists Association Washington, DC | $163,886,868 | $44,521,432 |
American Nurses Association Inc Silver Spring, MD | $72,047,526 | $33,274,226 |
National Association Of Childrens Hospital And Related Institutions Washington, DC | $129,313,033 | $43,392,577 |
American Society Of Nephrology Inc Washington, DC | $85,761,942 | $25,981,219 |
American Academy Of Physician Assistants Inc Alexandria, VA | $37,287,618 | $27,625,692 |
American College Of Cardiology Washington DC, DC | $26,183,566 | $22,719,539 |
Inteleos Inc Rockville, MD | $32,845,295 | $22,272,496 |
Healthcare Distribution Alliance Hda Arlington, VA | $15,589,595 | $23,673,088 |
Drug Information Association Inc Washington, DC | $19,738,468 | $18,905,794 |