Global Clinical Supplies Group Inc
- Assets
- $1.7m
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 0
- Location
- Gaithersburg, MD
- Founding
- 04/2014
- Data as of
- 12/2021
- EIN
- 62-1492794
Organization Overview
Global Clinical Supplies Group Inc is located in Gaithersburg, MD. The organization was established in 2014. According to its NTEE Classification (B03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Global Clinical Supplies Group Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Global Clinical Supplies Group Inc generated $1.1m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 19.7% each year . All expenses for the organization totaled $679.1k during the year ending 12/2021. While expenses have increased by 21.6% per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
GCSG IS A PROFESSIONAL ORGANIZATION THAT PROVIDES PHARMACEUTICAL INDUSTRY TRAINING AND NETWORKING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONFERENCES AND MEETINGS: GCSG HOSTED TWO (2) VIRTUAL GLOBAL CONFERENCES IN 2021. THESE WERE GEOGRAPHICALLY ORIENTED AND BUILT ON WHAT WE LEARNED FROM THE SINGLE GLOBAL CONFERENCE GCSG HAD IN 2020. 2021 SAW THE NATURAL EVOLUTION OF GOING FROM ONE MASSIVE ONLINE GLOBAL CONFERENCE TO TWO ONLINE EVENTS THAT HAD OVER 300+ INNOVATORS FROM THE CLINICAL SUPPLIES INDUSTRY COME TOGETHER FOR A TOTAL OF 6 DAYS OF VIRTUAL WORKSHOPS, NETWORKING, PRESENTATIONS AND PATIENT TESTIMONIALS. GCSG IS PROUD TO PROVIDE THE MOST EDUCATIONAL, COLLEGIAL AND PARADIGM SHIFTING CLINICAL SUPPLIES CONFERENCES GLOBALLY, ALL WITH A CULTURE OF INCLUSIVENESS, COLLABORATION AND PEER TO PEER TRAINING.
WEBSITE EDUCATIONAL RESOURCES FOR MEMBERS: GCSG MAINTAINS A WEBSITE WITH A LEARNING HUB WHERE MEMBERS CAN ACCESS COURSES AND ARTICLES TO GET UP TO SPEED WITH THE LATEST BUSINESS KNOWLEDGE AND TRENDS, KEEP UP ON HOT TOPICS AND SUPPORT THEIR OVERALL PERSONAL AND PROFESSIONAL DEVELOPMENT. THE WEBSITE ALSO FEATURES A DISCUSSION FORUM TO POST QUESTIONS TO INDUSTRY PEERS AND A JOBS BOARD FOR POSTING OPEN POSITIONS OR EXPLORING NEW OPPORTUNITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christine Fattore Executive Director | Officer | 28 | $57,500 |
Steven Jacobs Board Chair | OfficerTrustee | 10 | $0 |
Amanda Anderson Board Secretary | Officer | 6 | $0 |
Joseph Iacobucci Board Member | Trustee | 6 | $0 |
Rebecca Griffiths Board Member | Trustee | 6 | $0 |
David Spillet Board Member | Trustee | 6 | $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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $1,059,243 |
| 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 | $1,058,734 |
| 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. | $57,500 |
| Compensation of current officers, directors, key employees. | $57,500 |
| 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 | $1,512 |
| Fees for services: Accounting | $27,321 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $723 |
| Office expenses | $3,361 |
| Information technology | $60,635 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $3,961 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $298,503 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $105,838 |
| Insurance | $0 |
| All other expenses | $119,750 |
| Total functional expenses | $679,104 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,284,362 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $93,510 |
| 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 | $298 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $244,402 |
| Other assets | $29,221 |
| Total assets | $1,651,793 |
| Accounts payable and accrued expenses | $1,711 |
| 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 | $1,711 |
| Net assets without donor restrictions | $1,650,082 |
| 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 | $1,651,793 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Pennsylvania State Education Association P S E A Harrisburg, PA | $182,856,842 | $77,031,675 |
Entrepreneurs Organization Alexandria, VA | $61,864,158 | $33,696,911 |
American Council On Education Washington, DC | $87,315,703 | $34,913,177 |
Association For Supervision And Curriculum Development Arlington, VA | $74,879,436 | $26,629,493 |
Propane Education & Research Council Inc Washington, DC | $68,183,417 | $39,056,977 |
National Science Teaching Association Arlington, VA | $24,488,010 | $16,846,179 |
American Society Of Pension Professionals & Actuaries Inc Arlington, VA | $34,260,839 | $23,358,827 |
American Association Of Community Colleges Washington, DC | $17,692,990 | $18,107,472 |
National Board For Professional Teaching Standards Inc Arlington, VA | $7,108,000 | $15,320,880 |
National Association Of Independent Schools Inc Washington, DC | $58,850,620 | $18,662,235 |
Air Force Association Arlington, VA | $41,846,008 | $19,163,734 |
American Association Of Colleges Of Nursing Washington, DC | $32,242,011 | $15,709,388 |