Alabama Pharmacy Association
- Assets
- $2.7m
- Revenue
- $1.6m
- Investments
- $0.0
- Employees
- 7
- Location
- Montgomery, AL
- Founding
- Data as of
- 12/2021
- EIN
- 63-0003995
Organization Overview
Alabama Pharmacy Association is located in Montgomery, AL. As of 12/2021, Alabama Pharmacy Association employed 7 individuals. Alabama Pharmacy 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, Alabama Pharmacy Association generated $1.6m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.1% each year. All expenses for the organization totaled $1.1m during the year ending 12/2021. While expenses have increased by 0.6% per year over the past 6 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
TO PROMOTE, DEFEND, AND EXPAND THE PHARMACEUTICAL PROFESSION AND ITS ESSENTIAL ROLE IN PATIENT CARE IN THE STATE OF ALABAMA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE EDUCATIONAL PROGRAMS FOR PHARMACISTS WITHIN THE STATE OF ALABAMA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Louise Jones Secretary/ceo | Officer | 40 | $260,682 |
Darrell Craven President-Elect | OfficerTrustee | 0 | $0 |
Grant Mcguffey Speaker-Elect House | OfficerTrustee | 0 | $0 |
Audrey Newton Vice President | OfficerTrustee | 0 | $0 |
Wes Maddox Speaker Of The House | OfficerTrustee | 0 | $0 |
Dan Mcconaghy Treasurer | OfficerTrustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $457,564 |
| 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 | $457,564 |
| Total Program Service Revenue | $605,603 |
| Investment income | $11,650 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $177,882 |
| Net Rental Income | $60,311 |
| Net Gain/Loss on Asset Sales | $126,709 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,573,623 |
| 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. | $140,023 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $149,923 |
| Pension plan accruals and contributions | $103 |
| Other employee benefits | $5,199 |
| Payroll taxes | $15,758 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $4,400 |
| Fees for services: Accounting | $17,517 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $12,840 |
| Fees for services: Other | $0 |
| Advertising and promotion | $388 |
| Office expenses | $21,929 |
| Information technology | $4,925 |
| Royalties | $0 |
| Occupancy | $3,653 |
| Travel | $7,698 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $169,690 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $6,693 |
| Insurance | $6,846 |
| All other expenses | $40,846 |
| Total functional expenses | $1,080,298 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $986,598 |
| Savings and temporary cash investments | $836,873 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $122,595 |
| 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 | $258,432 |
| Investments—publicly traded securities | $475,471 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $6,000 |
| Total assets | $2,685,969 |
| Accounts payable and accrued expenses | $15,580 |
| 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 | $15,580 |
| Net assets without donor restrictions | $2,662,100 |
| Net assets with donor restrictions | $8,289 |
| 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 | $2,685,969 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Alabama Pharmacy Association has recieved totaling $5,000.
| Awarding Organization | Amount |
|---|---|
Griggs Family Foundation Inc Union, KY PURPOSE: GENERAL CONTRIBUTION | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Pentecost Foundation Bradenton, FL | $91,770,712 | $23,508,587 |
Bobbie Bailey Foundation Inc Tucker, GA | $24,485,053 | $1,564,197 |
Camber Foundation Durham, NC | $143,536,160 | $30,406,277 |
Affinity Health Center Rock Hill, SC | $21,220,850 | $20,654,145 |
Senior Total Life Care Gastonia, NC | $7,534,285 | $22,491,131 |
Latin Academy Of Recording Arts & Sciences Inc Miami, FL | $39,115,078 | $23,723,068 |
Rush Care Inc Meridian, MS | $36,015,536 | $16,929,322 |
Parking Facilities Corporation New Orleans, LA | $111,215,099 | $14,747,604 |
Duke Integrated Network Inc Durham, NC | $2,381,377 | $12,476,427 |
National Save The Sea Turtle Foundation Inc Fort Lauderdale, FL | $31,698,060 | $38,580,626 |
Sunrise 2000 Inc Miami, FL | $2,498,890 | $23,255,068 |
Coahoma Electric Power Assn Lyon, MS | $50,480,063 | $20,605,799 |