National Community Pharmacists Association
- Assets
- $135.3m
- Revenue
- $12.4m
- Investments
- $81.3m
- Employees
- 66
- Location
- Alexandria, VA
- Founding
- 04/1972
- Data as of
- 06/2021
- EIN
- 36-1520710
Organization Overview
National Community Pharmacists Association is located in Alexandria, VA. The organization was established in 1972. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 06/2021, National Community Pharmacists Association employed 66 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National Community Pharmacists Association 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 06/2021, National Community Pharmacists Association generated $12.4m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (2.0%) each year. All expenses for the organization totaled $12.8m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (1.9%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, National Community Pharmacists Association has awarded 14 individual grants totaling $333,083. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
DEDICATED TO THE CONTINUING GROWTH AND PROSPERITY OF INDEPENDENT COMMUNITY PHARMACY IN THE UNITED STATES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GOVERNMENT AFFAIRS: NCPA FIGHTS FOR THE INTERESTS OF INDEPENDENT COMMUNITY PHARMACISTS AND THE PATIENTS THEY SERVE BY EDUCATING FEDERAL AND STATE POLICYMAKERS, HEALTH PLAN SPONSORS, HEALTH CARE PROVIDERS AND OTHER STAKEHOLDERS ABOUT THE COST-SAVING ROLE THAT COMMUNITY PHARMACISTS PLAY IN AMERICA'S HEALTH CARE SYSTEM. NCPA ALSO ENGAGES ITS MEMBERS IN TRADITIONAL GRASSROOTS ACTIVITIES. WHEN NECESSARY, THE ASSOCIATION ADVANCES THE INTERESTS OF LOCAL PHARMACISTS THROUGH THE JUDICIAL SYSTEM AS WELL. NCPA MEMBERS ALSO BENEFIT FROM EXCLUSIVE, TIMELY UPDATES ON THE LATEST CONGRESSIONAL AND REGULATORY CHANGES THAT AFFECT A PHARMACY'S ABILITY TO STAY IN COMPLIANCE AND IN BUSINESS.
CONVENTION AND MEETINGS: NCPA ORGANIZES AN ANNUAL CONVENTION, WHICH IS THE PREEMINENT EDUCATIONAL, BUSINESS DEVELOPMENT AND NETWORKING OPPORTUNITY FOR INDEPENDENT COMMUNITY PHARMACISTS. IN THE SPRING, COMMUNITY PHARMACISTS COME TO WASHINGTON FOR THE NCPA COMMUNITY PHARMACY FLY-IN TO ADVOCATE TO FEDERAL POLICYMAKERS ON BEHALF OF LOCAL PHARMACIES AND THEIR PATIENTS. OTHER, REGIONAL EVENTS SUPPORTING AND PROMOTING INDEPENDENT PHARMACY OWNERSHIP AND GROWTH ARE HELD ACROSS THE COUNTRY THROUGHOUT THE YEAR.
COMMUNICATIONS: PUBLISHES "AMERICA'S PHARMACIST" THE FLAGSHIP, MONTHLY MAGAZINE FOR INDEPENDENT PHARMACISTS AS WELL AS ELECTRONIC NEWSLETTERS, FAX COMMUNICATIONS, VARIOUS SOCIAL MEDIA ACCOUNTS, AND OTHER MEMBER PUBLICATIONS AND RESOURCES. TO EDUCATE THE MEDIA, KEY STAKEHOLDERS AND THE GENERAL PUBLIC, NCPA CONDUCTS STRATEGIC OUTREACH PROGRAMS AND PRODUCES WRITTEN MATERIALS THAT PROMOTE THE ROLE AND INCREASED UTILIZATION OF COMMUNITY PHARMACISTS TO IMPROVE HEALTH CARE OUTCOMES AND REDUCE OVERALL MEDICAL COSTS.
MEMBERSHIP SERVICES: IN ADDITION TO THE BENEFITS OF ADVOCACY ON BEHALF OF THE INDEPENDENT COMMUNITY PHARMACY COMMUNITY AS A WHOLE, NCPA MEMBERS RECEIVE A NUMBER OF EXCLUSIVE BENEFITS. NCPA ASSISTS COMMUNITY PHARMACISTS IN THE BUSINESS MANAGEMENT OF THEIR PRACTICES OFFERING PHARMACISTS EDUCATIONAL PROGRAMS, BEST PRACTICE TOOLS, AND PHARMACY SOLUTION INITIATIVES. THESE INCLUDE COLLEAGUE-TO-COLLEAGUE NETWORKING AND DISCUSSION OPPORTUNITIES FOCUSED ON LATEST INDUSTRY HOT TOPICS; LEADS ON BUYING, SELLING OR FINANCING THE PURCHASE OF AN INDEPENDENT PHARMACY; AND PROGRAMS (SIMPLIFY MY MEDS, DIGITAL PHARMACIST, FRONT END OVERHAUL, ULTA LABS, DISPOSE MY MEDS ETC. THAT HELP GROW A COMMUNITY PHARMACY'S AND SATISFY THEIR PATIENTS' HEALTH RELATED NEEDS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
B Douglas Hoey CEO | Officer | 40 | $628,488 |
Patrick Berryman COO | Officer | 40 | $282,543 |
Karry Laviolette VP Government Affairs | Officer | 16 | $224,989 |
Mustafa Hersi Sr VP General Counsel | Officer | 38 | $224,146 |
Beverly Martin Sr. VP Chief Of Staff | Officer | 40 | $202,466 |
Ronna Hauser VP Pharmacy Affairs | 40 | $201,229 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Regency Commercial Construction Building Improvements Services | 6/29/21 | $554,585 |
Sequentur Llc It Services | 6/29/21 | $214,138 |
Bakerbotts Llp Legal Services | 6/29/21 | $416,645 |
The Herald Group Llc Advertising Services | 6/29/21 | $601,000 |
Katten Muchin Rosenman Llp Legal Services | 6/29/21 | $490,850 |
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 | $2,720,047 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,720,047 |
| Total Program Service Revenue | $4,775,050 |
| Investment income | $1,230,041 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $346,443 |
| Net Rental Income | $104,863 |
| Net Gain/Loss on Asset Sales | $1,830,642 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $12,364,709 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $119,621 |
| Grants and other assistance to domestic individuals. | $8,224 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $2,722,258 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,350,716 |
| Pension plan accruals and contributions | $195,890 |
| Other employee benefits | $277,758 |
| Payroll taxes | $441,058 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $781,765 |
| Fees for services: Accounting | $36,750 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $99,706 |
| Fees for services: Other | $1,360,577 |
| Advertising and promotion | $36,111 |
| Office expenses | $511,342 |
| Information technology | $260,744 |
| Royalties | $0 |
| Occupancy | $400,127 |
| Travel | $49,651 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $320,857 |
| Interest | $31,869 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $302,217 |
| Insurance | $120,592 |
| All other expenses | $68,043 |
| Total functional expenses | $12,848,868 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $230 |
| Savings and temporary cash investments | $2,973,261 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $755,738 |
| 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 | $620,775 |
| Net Land, buildings, and equipment | $7,043,388 |
| Investments—publicly traded securities | $40,490,593 |
| Investments—other securities | $81,316,841 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,065,922 |
| Total assets | $135,266,748 |
| Accounts payable and accrued expenses | $2,625,830 |
| Grants payable | $0 |
| Deferred revenue | $3,132,436 |
| 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 | $594,046 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,295,838 |
| Total liabilities | $7,648,150 |
| Net assets without donor restrictions | $127,618,598 |
| 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 | $135,266,748 |
Grants Awarded
Over the last fiscal year, National Community Pharmacists Association has awarded $72,500 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
Arlington, VA PURPOSE: COALITION FUNDING | $37,500 |
Ada, OK PURPOSE: SPONSORSHIP | $25,000 |
Little Rock, AR PURPOSE: SPONSORSHIP | $10,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that National Community Pharmacists Association has recieved totaling $50,000.
| Awarding Organization | Amount |
|---|---|
Amerisourcebergen Foundation Conshohocken, PA PURPOSE: GENERAL SUPPORT | $50,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American Psychiatric Association Washington, DC | $179,554,491 | $53,525,834 |
Srcco Inc Durham, NC | $42,497,453 | $49,465,239 |
Mexican Haas Avocado Importers Association Fallston, MD | $10,238,623 | $43,648,629 |
Certified Financial Planner Board Of Standards Inc Washington, DC | $72,477,411 | $49,028,168 |
Guaranty Association Benefits Company Washington, DC | $1,687,230,547 | $54,247,522 |
American Trucking Associations Inc Washington, DC | $115,646,374 | $45,819,466 |
Entertainment Software Association Washington, DC | $37,670,266 | $39,894,859 |
Fs-Isac Inc Reston, VA | $27,418,346 | $31,957,295 |
National Business Aviation Association Inc Washington, DC | $41,505,986 | $35,013,449 |
National Association Of Convenience Stores Inc Alexandria, VA | $81,131,547 | $56,800,862 |
Corporation For Travel Promotion Washington, DC | $155,155,340 | $50,300,586 |
Alliance For Automotive Innovation Washington, DC | $16,322,930 | $27,313,596 |