Minnesota Pharmacists Association
- Assets
- $81.3k
- Revenue
- $362.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Saint Paul, MN
- Founding
- 10/1944
- Data as of
- 12/2021
- EIN
- 41-0634015
Organization Overview
Minnesota Pharmacists Association is located in Saint Paul, MN. The organization was established in 1944. According to its NTEE Classification (E03) the organization is classified as: Professional Societies & Associations, 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. Minnesota 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 12/2021, Minnesota Pharmacists Association generated $362.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (5.2%) each year. All expenses for the organization totaled $395.8k during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
SERVING MINNESOTA PHARMACISTS TO ADVANCE PATIENT CARE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ANNUAL MEETING - FOSTERS AND DEVELOPS THE PROFESSION OF PHARMACY.
MINNESOTA PHARMACISTS PUBLICATION - ENHANCES COMMUNICATION WITH MEMBERS.
CONTINUING EDUCATION - FOSTERS AND DEVELOPS THE PROFESSION OF PHARMACY.
MEMBER SERVICES AND ACTIVITIES - SUPPORTS MEMBERS IN THE PHARMACY PROFESSION
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nick Boreen Speaker Of T | Trustee | $0 | |
Ann Byre President El | Trustee | $0 | |
Stephanie Davies Member-At-La | Trustee | $0 | |
Kati Dvorak Rural Board | Trustee | $0 | |
Jordan Haag Member-At-La | Trustee | $0 | |
Amanda Hemmila Member-At-La | Trustee | $0 |
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 | $146,088 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $146,088 |
| Total Program Service Revenue | $209,534 |
| Investment income | $84 |
| 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 | $362,706 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $183,024 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $18,563 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $555 |
| Advertising and promotion | $0 |
| Office expenses | $130,822 |
| Information technology | $14,711 |
| Royalties | $0 |
| Occupancy | $1,847 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $27,404 |
| Interest | $112 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $4,810 |
| All other expenses | $331 |
| Total functional expenses | $395,813 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $23,003 |
| Savings and temporary cash investments | $56,317 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,480 |
| 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 | $502 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $81,302 |
| Accounts payable and accrued expenses | $1,805 |
| Grants payable | $0 |
| Deferred revenue | $19,676 |
| 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 | $0 |
| Other liabilities | $0 |
| Total liabilities | $21,481 |
| Net assets without donor restrictions | $59,821 |
| 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 | $81,302 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Minnesota Pharmacists Association has recieved totaling $5,000.
| Awarding Organization | Amount |
|---|---|
Rx Abuse Leadership Initiative Washington, DC PURPOSE: TO SUPPORT THE CAMPAIGN ADDRESSING THE CURRENT OPIOID CRISIS | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Iowa Hospital Association Des Moines, IA | $17,798,272 | $8,917,472 |
Iowa Healthcare Collaborative Des Moines, IA | $12,881,277 | $5,601,701 |
American Board Of Phys Medicine & Rehabilitation Rochester, MN | $14,196,429 | $4,571,001 |
Iowa Primary Care Association Inc Des Moines, IA | $2,482,899 | $4,844,356 |
American Academy Of Cosmetic Dentistry Inc Madison, WI | $11,670,736 | $2,464,318 |
Wisconsin Medical Society Inc Madison, WI | $10,299,749 | $2,456,012 |
Care Providers Of Minnesota Bloomington, MN | $4,705,603 | $3,304,939 |
Academy Of Orthopaedic Physical Therapy Apta Inc La Crosse, WI | $9,691,579 | $2,576,032 |
Wisconsin Association Of Free And Charitable Clinics Inc Pewaukee, WI | $355,718 | $1,643,233 |
Arrowhead Emergency Medical Services Association Inc Duluth, MN | $962,494 | $1,440,515 |
American Clinical Neurophysiology Society Inc Milwaukee, WI | $2,929,901 | $1,274,831 |
Minnesota Academy Of Family Physicians Minneapolis, MN | $1,418,401 | $852,027 |