Texas Federation Of Drug Stores Inc is located in Austin, TX. The organization was established in 1975. According to its NTEE Classification (F03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Mental Health & Crisis Intervention and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Texas Federation Of Drug Stores Inc 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 08/2023, Texas Federation Of Drug Stores Inc generated $123.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.8% each year. All expenses for the organization totaled $127.9k during the year ending 08/2023. While expenses have increased by 2.0% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
IMPROVE RELATIONS WITH SUPPLIERS, RETAILERS AND OTHERS CONCERNED WITH THE DELIVERY OF HEALTH CARE PRODUCTS TO THE PUBLIC. PROVIDE NETWORK FOR INDUSTRY WITHIN TX TO ADDRESS ISSUES
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeff Loesch President | 1 | $0 | |
Doug Read Secretary | 1 | $0 | |
Aimee Lusson Vice President | 1 | $0 | |
Shelly Tustison Director | 1 | $0 | |
Ivan Jaime Director | 1 | $0 | |
Nicky Otts Director | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $111,534 |
| Investment income | $11,510 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $123,044 |
| 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 | $106,000 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $21,884 |
| Total expenses | $127,884 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $235,088 |
| Other assets | $0 |
| Total assets | $235,088 |
| Total liabilities | $0 |
| Net assets or fund balances | $235,088 |