Pharmaceutical Industry Labor Management Association
- Assets
- $614.6k
- Revenue
- $4.1m
- Investments
- $0.0
- Employees
- 0
- Location
- Columbus, OH
- Founding
- 02/2004
- Data as of
- 12/2023
- EIN
- 43-1985339
Organization Overview
Pharmaceutical Industry Labor Management Association is located in Columbus, OH. The organization was established in 2004. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pharmaceutical Industry Labor Management 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 12/2023, Pharmaceutical Industry Labor Management Association generated $4.1m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 10.9% each year . All expenses for the organization totaled $4.1m during the year ending 12/2023. While expenses have increased by 10.0% per year over the past 8 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.
Since 2016, Pharmaceutical Industry Labor Management Association has awarded 57 individual grants totaling $1,070,500. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE ASSOCIATION RESOLVES TO: -WORK TOGETHER ON LEGISLATIVE, REGULATORY AND OTHER KEY ISSUES AFFECTING THE PHARMACEUTICAL AND ORGANIZED LABOR IN THE NATIONAL INTEREST; - DISCUSS AREAS WHERE THERE IS DISAGREEMENT BETWEN THE PARTIES IN A COMMITTED EFFORT TO FIND COMMON GROUND AND MUTUAL BENEFIT; - INVESTIGATE THE ISSUES AFFECTING ACCESS TO AND AFFORDABILITY OF MEDICINES; -FOCUS ON MAINTAINING STRONG STATESIDE EMPLOYMENT AND RESEARCH LEADERSHIP FOR THE U.S. INDUSTRY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LOBBYING CONTRACT SERVICES TO PROMOTE PILMA POSITIONS.
MEETING FOR PLANNING AND EDUCATING ALLIES.
WORKING WITH PILMA MEMBERS AND PARTNERS TO BUILD THE ALLIANCE.
EDUCATING THE PUBLIC ABOUT PILMA'S MISSION AND ISSUE ADVERTISING TO SUPPORT PILMA'S POSITIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Adam Brand Trustee | Trustee | 1 | $0 |
Timothy Dickson Trustee, Non Voting | Trustee | 1 | $0 |
Anthony Gallagher Trustee | Trustee | 1 | $0 |
Askia Suruma Trustee | Trustee | 1 | $0 |
Brian Nagle Trustee | Trustee | 1 | $0 |
Bridget Martin Trustee | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Groundswell Communications Inc Professional Services | 12/30/23 | $450,000 |
Penn Quarter Partners Llc Professional Services | 12/30/23 | $300,000 |
Mccarter & English Llp Professional Services | 12/30/23 | $240,000 |
Jack Flynn & Associates Professional Services | 12/30/23 | $216,000 |
Dentons Llp Professional Services | 12/30/23 | $180,000 |
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 | $4,103,341 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,103,341 |
| Total Program Service Revenue | $0 |
| 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 | $4,103,341 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $594,892 |
| 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 | $0 |
| Fees for services: Legal | $27,114 |
| Fees for services: Accounting | $17,400 |
| Fees for services: Lobbying | $833,000 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,329,000 |
| Advertising and promotion | $56,800 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $517 |
| Total functional expenses | $4,055,003 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $614,630 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| 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 | $614,630 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $0 |
| 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 | $614,630 |
| Total liabilities and net assets/fund balances | $614,630 |
Grants Awarded
Over the last fiscal year, Pharmaceutical Industry Labor Management Association has awarded $565,000 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
A PHILIP RANDOLPH INSTITUTE PURPOSE: CONTRIBUTION | $20,000 |
DIABETES RESEARCH INSTITUTE PURPOSE: CONTRIBUTION | $17,500 |
CMRAVE PURPOSE: CONTRIBUTION | $11,000 |
VOTEVETS ACTION FUND INC PURPOSE: CONTRIBUTION | $500,000 |
THE NATIONAL DEMOCRATIC CLUB PURPOSE: CONTRIBUTION | $6,500 |
NABTU CONFERENCE PURPOSE: CONTRIBUTION | $10,000 |