Society Of St Vincent De Paul Charitable Pharmacy Of North Texas

Organization Overview

Society Of St Vincent De Paul Charitable Pharmacy Of North Texas, operating under the name St Vincent de Paul Pharmacy, is located in Dallas, TX. The organization was established in 2009. According to its NTEE Classification (E60) the organization is classified as: Health Support, under the broad grouping of Health Care and related organizations. As of 09/2021, St Vincent DE Paul Pharmacy employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. St Vincent DE Paul Pharmacy 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 09/2021, St Vincent DE Paul Pharmacy generated $4.5m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 59.7% each year . All expenses for the organization totaled $3.3m during the year ending 09/2021. While expenses have increased by 53.7% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE FREE HEALTH-SUSTAINING PRESCRIPTION MEDICATIONS TO LOWER-INCOME, UNINSURED TEXANS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE ST. VINCENT DE PAUL PHARMACY, WHICH OPENED IN 2018, IS THE FIRST FREE-STANDING PHARMACY IN THE STATE OF TEXAS THAT PROVIDES LIFESAVING MEDICATIONS TO THE UNINSURED FREE OF CHARGE. MANY RESIDENTS OF TEXAS CANNOT AFFORD THE NECESSARY PRESCRIPTION MEDICATIONS TO MAINTAIN THEIR CHRONIC, TREATABLE CONDITIONS LIKE DIABETES, ASTHMA AND HEART DISEASE. THE INABILITY TO SUSTAIN HEALTH AFFECTS THE ABILITY TO MAINTAIN STEADY EMPLOYMENT, CARE FOR FAMILY AND ESCAPE POVERTY. IT ALSO CONTRIBUTES TO INCREASED COSTS ACROSS THE HEALTH CARE SYSTEM AS UNREIMBURSED EMERGENCY SERVICES BECOME PRIMARY HEALTH CARE FOR THOSE WHO CANNOT AFFORD MEDICATION. THE PHARMACY PROVIDED 17,529 PRESCRIPTIONS TO PATIENTS FREE OF CHARGE WITH A TOTAL VALUE OF $2,791,801 (WHOLESALE ACQUISITION COST VALUATION METHOD), WHICH IS EQUIVALENT TO $6,766,538 (AVERAGE WHOLESALE PRICING VALUATION METHOD).


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Board, Officers & Key Employees

Name (title)Compensation
Joseph M Manogue
President
$0
Sean Myers
Board Secretary
$0
Henry Hermann
Board Treasurer
$0
Michael Pazzaglini
Board Member
$0
Brian O'boyle
Board Member
$0
Tony Ruggeri
Board Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$1,575
Membership dues$0
Fundraising events$0
Related organizations$20,000
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$4,473,732
Noncash contributions included in lines 1a–1f $3,262,130
Total Revenue from Contributions, Gifts, Grants & Similar$4,495,307
Total Program Service Revenue$1,200
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $4,496,507

Grants Recieved

Over the last fiscal year, we have identified 7 grants that Society Of St Vincent De Paul Charitable Pharmacy Of North Texas has recieved totaling $3,889,934.

Awarding OrganizationAmount
Direct Relief

Santa Barbara, CA

PURPOSE: SUPPORT TO US CLINICS & HEALTH CENTERS FOR LOW-INCOME, UNINSURED PATIENTS

$3,503,042
Americares Foundation Inc

Stamford, CT

PURPOSE: ONGOING

$109,901
Americares Foundation Inc

Stamford, CT

PURPOSE: ONGOING

$109,901
Hillcrest Foundation

Dallas, TX

PURPOSE: ST. VINCENT DE PAUL PHARMACY

$100,000
Communities Foundation Of Texas

Dallas, TX

PURPOSE: THIS GRANT IS DESIGNATED FOR GENERAL SUPPORT.

$50,000
Dallas Foundation A Tx Nonprofit Corporation

Dallas, TX

PURPOSE: GENERAL SUPPORT

$16,590
View Grant Recipient Profile

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