Pharmaceutical Product Stewardship Work Group

Organization Overview

Pharmaceutical Product Stewardship Work Group is located in Washington, DC. The organization was established in 2016. 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 Product Stewardship Work Group 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 12/2022, Pharmaceutical Product Stewardship Work Group generated $4.6m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.6%) each year. All expenses for the organization totaled $4.0m during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (5.6%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

PROVIDE INFRASTRUCTURE, GUIDANCE AND SUBJECT MATTER EXPERTISE TO SUPPORT MEMBER COMPLIANCE WITH LEGISLATIVE MANDATES FOR THE PROPER DISPOSAL OF UNWANTED HOUSEHOLD MEDICINES AND HOME GENERATED SHARPS AND IMPROVE AWARENESS OF EXISTING PHARMACEUTICAL DISPOSAL OPTIONS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

COMMUNICATION AND PROGRAM ADMINISTRATION: PPSWG PROVIDES A FORUM TO DEVELOP CONSENSUS AMONG PHARMACEUTICAL AND SHARPS MANUFACTURERS AND A FRAMEWORK FOR ADDRESSING COMPLIANCE WITH HOUSEHOLD-GENERATED UNWANTED PHARMACEUTICAL AND SHARPS PRODUCTS STEWARDSHIP LEGISLATION THROUGH ACTIVE MEMBER ENGAGEMENT. PPSWG RAISES PUBLIC AWARENESS ABOUT THE APPROPRIATE DISPOSAL METHODS FOR HOUSEHOLD-GENERATED UNWANTED PHARMACEUTICAL AND SHARPS PRODUCTS.


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Board, Officers & Key Employees

Name (title)Compensation
Anne Murray
Chair
$0
Colin Chiles
Vice Chair
$0
Barbara Morrow
Secretary/treasurer
$0
Grant Erdel
Secretary/treasurer - Thru 8/22
$0
Shawn Brown
Past Chair
$0
Beena Patel
Director
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Association Management Strategies
Management
$1,950,000
Beveridge & Diamond Pc
Legal Counsel
$366,100
Public Affairs Company
Education And Outreach
$355,000
Shift Paradigm
Myoldmeds Website Maintenance
$162,000
Iqvia Inc
Data License
$145,077
View All Vendors

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$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$4,554,149
Investment income $20,830
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 $4,574,979

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