Senior Care Pharmacy Coalition
- Assets
- $1.2m
- Revenue
- $2.8m
- Investments
- $0.0
- Employees
- 2
- Location
- Washington, DC
- Founding
- Data as of
- 12/2022
- EIN
- 47-1924170
Organization Overview
Senior Care Pharmacy Coalition is located in Washington, DC. As of 12/2022, Senior Care Pharmacy Coalition employed 2 individuals. Senior Care Pharmacy Coalition 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, Senior Care Pharmacy Coalition generated $2.8m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 5.3% each year. All expenses for the organization totaled $2.8m during the year ending 12/2022. While expenses have increased by 4.2% per year over the past 5 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE SENIOR CARE PHARMACY COALITION (SCPC) IS A NON-PROFIT ADVOCACY (CONTINUED ON SCHEDULE O) ORGANIZATION IN WASHINGTON, D.C. DEDICATED EXCLUSIVELY TO REPRESENTING THE INTERESTS OF INDEPENDENT LONG TERM CARE (LTC) PHARMACIES AND THE VULNERABLE PATIENTS THEY SERVE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN 2022, SCPC'S ACCOMPLISHMENTS INCLUDED: 1. WORKED WITH MEMBERS OF CONGRESS AND THE ADMINISTRATION TO INTRODUCE AND ENACT LEGISLATION IN BOTH CHAMBERS OF CONGRESS TO CREATE A STATUTORY DEFINITION OF LONG-TERM CARE PHARMACY. 2. PREPARED AND SUBMITTED COMMENTS TO THE FEDERAL TRADE COMMISSION IN RESPONSE TO ITS SOLICITATION FOR PUBLIC COMMENT REGARDING THE BUSINESS PRACTICES OF PHARMACY BENEFIT MANAGERS (PBMS) AND THEIR IMPACT ON INDEPENDENT PHARMACIES AND CONSUMERS. CONTINUED ENGAGEMENT WITH THE AGENCY REGARDING ITS SUBSEQUENT MARKET STUDY OF PBMS AND POSSIBLE VIOLATIONS OF THE ANTITRUST AND CONSUMER PROTECTION LAWS. WORKED WITH MEMBERS OF CONGRESS ON LEGISLATION TO ABUSIVE AND ANTICOMPETITIVE PBM BUSINESS PRACTICES. (CONTINUED ON SCHEDULE O) 3. PARTNERED WITH ATI ADVISORY ON RESEARCH AND ANALYSIS PERTAINING TO THE DEMOGRAPHICS OF MEDICARE BENEFICIARIES WHO NEED LONG-TERM CARE. 4. PREPARED AND SUBMITTED COMMENTS TO VARIOUS FEDERAL AGENCIES IN RESPONSE TO PROPOSALS REGARDING MEDICARE FUNDING FOR SKILLED NURSING FACILITIES, MEDICARE STANDARDS FOR PART D PRESCRIPTION DRUG PLANS, AND REQUIREMENTS FOR LTC PHARMACIES REGARDING OPIOID CONTROL. 5. HELD LARGEST ANNUAL BUSINESS PARTNERS SUMMIT IN THE ORGANIZATION'S HISTORY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Warnock Chairman | OfficerTrustee | 1 | $0 |
Fred Burke Immediate Past Chairman | OfficerTrustee | 1 | $0 |
Brian Kramer Vice Chairman | OfficerTrustee | 1 | $0 |
Brian Scott Treasurer | OfficerTrustee | 1 | $0 |
Jill Krueger Secretary | OfficerTrustee | 1 | $0 |
Kent Abbott Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
King & Spalding Llp Legal, Lobbying And Research | 12/30/22 | $575,887 |
Bgr Government Affairs Llc Lobbying | 12/30/22 | $317,747 |
Finn Partners Public Affairs Firm | 12/30/22 | $240,503 |
Lincoln Policy Group Lobbying | 12/30/22 | $192,000 |
Runswitch Llc Public Relations And Communications | 12/30/22 | $174,175 |
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 | $2,827,712 |
| 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 | $2,827,712 |
| 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. | $550,508 |
| Compensation of current officers, directors, key employees. | $110,102 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $119,028 |
| Pension plan accruals and contributions | $7,906 |
| Other employee benefits | $7,659 |
| Payroll taxes | $25,789 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $147,840 |
| Fees for services: Accounting | $67,145 |
| Fees for services: Lobbying | $880,738 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $451,579 |
| Advertising and promotion | $0 |
| Office expenses | $26,622 |
| Information technology | $18,988 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $17,209 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $124,006 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,812 |
| Insurance | $5,493 |
| All other expenses | $143 |
| Total functional expenses | $2,787,326 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,083,330 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $80,000 |
| 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 | $17,504 |
| Net Land, buildings, and equipment | $607 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $13,588 |
| Total assets | $1,195,029 |
| Accounts payable and accrued expenses | $359,894 |
| Grants payable | $0 |
| Deferred revenue | $233,761 |
| 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 | $593,655 |
| Net assets without donor restrictions | $601,374 |
| 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 | $1,195,029 |