Johnson & Johnson Patient Assistance Foundation Inc
- Assets
- $849.4m
- Revenue
- $2.9b
- Investments
- $0.0
- Employees
- 0
- Location
- New Brunswick, NJ
- Founding
- 07/1997
- Data as of
- 12/2021
- EIN
- 31-1520982
Organization Overview
Johnson & Johnson Patient Assistance Foundation Inc is located in New Brunswick, NJ. The organization was established in 1997. According to its NTEE Classification (E99) the organization is classified as: Health Care N.E.C., 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. Johnson & Johnson Patient Assistance Foundation 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 12/2021, Johnson & Johnson Patient Assistance Foundation Inc generated $2.9b in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 22.8% each year . All expenses for the organization totaled $2.9b during the year ending 12/2021. While expenses have increased by 22.5% 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
DISTRIBUTION OF PHARMACEUTICAL PRODUCTS TO NEEDY PERSONS ON A NON-DISCRIMINATORY BASIS WITHOUT CHARGE. (OVER 634,000 UNITS OF MEDICINES DONATED TO OVER 94,000 PATIENTS IN 2021)
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Daryl Todd Secretary - Trustee | 3 | $0 | |
Casey Murphy-Gerry Treasurer - Trustee | 3 | $0 | |
Aran Maree Trustee | 3 | $0 | |
Chris Tompson Trustee | 3 | $0 | |
Richard Cansfield Trustee | 3 | $0 | |
Lena Kane Trustee | 3 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Lash Group | 12/30/21 | $6,323,345 |
Us Oncology Corp Inc | 12/30/21 | $3,984,741 |
Eversana Life Science Svcs Llc | 12/30/21 | $9,059,887 |
Ics Amerisourcebergen | 12/30/21 | $1,324,651 |
Caremetx | 12/30/21 | $1,593,438 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $2,865,220,652 |
| Interest on Savings | $90,601 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $2,865,311,253 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $118,303 |
| Other expenses | $62,568,277 |
| Total operating and administrative expenses | $63,533,228 |
| Contributions, gifts, grants paid | $2,792,678,249 |
| Total expenses and disbursements | $2,856,211,477 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,855 |
| Savings and temporary cash investments | $63,573,540 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $785,772,217 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $849,351,612 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Tower Health Medical Group Reading, PA | $88,789,275 | $250,280,722 |
1199seiu United Healthcare Workers East New York, NY | $166,401,091 | $190,953,370 |
Temple Physicians Inc Philadelphia, PA | $32,827,078 | $80,029,343 |
Finger Lakes Performing Provider System Inc Rochester, NY | $41,997,931 | $67,997,644 |
Depaul Adult Care Communties Inc Rochester, NY | $12,844,666 | $48,377,747 |
Federation Of Organizations For The New York State Mentally Disabled West Babylon, NY | $34,800,632 | $51,638,775 |
Long Island Jewish Medical Center At Home Pharmacy Inc Westbury, NY | $5,530,043 | $43,997,615 |
Western New York Independent Living Inc Buffalo, NY | $29,215,885 | $46,881,599 |
Health Federation Of Philadelphia Philadelphia, PA | $18,351,110 | $41,791,030 |
Mcauley-Seton Home Care Inc Buffalo, NY | $77,262,995 | $46,063,677 |
Community Health Care Inc Bridgeton, NJ | $93,335,050 | $53,828,439 |
Best Choice Home Health Care Inc Flushing, NY | $12,215,789 | $31,841,732 |