Texas Pharmacy Association
- Assets
- $4.1m
- Revenue
- $2.5m
- Investments
- $10.0k
- Employees
- 12
- Location
- Austin, TX
- Founding
- 12/1944
- Data as of
- 12/2021
- EIN
- 74-1018202
Organization Overview
Texas Pharmacy Association is located in Austin, TX. The organization was established in 1944. According to its NTEE Classification (M20) the organization is classified as: Disaster Preparedness & Relief Services, under the broad grouping of Public Safety, Disaster Preparedness & Relief and related organizations. As of 12/2021, Texas Pharmacy Association employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Texas 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, Texas Pharmacy Association generated $2.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.5% each year. All expenses for the organization totaled $1.9m during the year ending 12/2021. While expenses have increased by 0.1% 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
ADVANCE PRACTICE OF PHARMACY TO ENHANCE THE DELIVERY OF QUALITY HEALTH CARE TO ALL TEXANS
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE BOARD OF DIRECTORS, COUNCILS AND COMMITTEES SERVE MEMBERS BY COORDINATING EDUCATIONAL PROGRAMS, PUBLIC RELATIONS EFFORTS AND GROUP AFFINITY PROGRAMS.
THE ASSOCIATION HAS AN ANNUAL CONFERENCE WITH 296 ATTENDEES INCLUDING PHARMACISTS, STUDENT PHARMACISTS, AND PHARMACY TECHNICIANS TO PROVIDE CONTINUING PHARMACY EDUCATION SESSIONS ON HOT TOPICS, EMERGING TRENDS, AND OPPORTUNITIES/CHALLENGES FOR THE PHARMACY PROFESSION.
THE ASSOCIATION ENGAGES IN ADVOCACY AT THE STATE LEVEL AND INFORMS MEMBERS OF DEVELOPMENTS IN REGULATORY AND LEGISLATIVE MATTERS AFFECTING THE PHARMACY PROFESSION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Debbie Garza Ceo/secretary | Officer | 40 | $298,796 |
Michael Muniz President | OfficerTrustee | 1 | $0 |
Jay Bueche Vice President | OfficerTrustee | 1 | $0 |
Michelle Beall Immediate Past President | OfficerTrustee | 1 | $0 |
Jobby John Treasurer | OfficerTrustee | 1 | $0 |
Carter High President - Elect | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $118,700 |
| All other contributions, gifts, grants, and similar amounts not included above | $74,050 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $192,750 |
| Total Program Service Revenue | $1,973,135 |
| Investment income | $33,177 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $270,360 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $16,544 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,489,721 |
| 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. | $299,126 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $516,103 |
| Pension plan accruals and contributions | $13,239 |
| Other employee benefits | $530 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $175 |
| Fees for services: Accounting | $22,010 |
| Fees for services: Lobbying | $426,612 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $17,862 |
| Fees for services: Other | $21,664 |
| Advertising and promotion | $9,046 |
| Office expenses | $65,996 |
| Information technology | $29,790 |
| Royalties | $0 |
| Occupancy | $65,394 |
| Travel | $423 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $291,118 |
| Interest | $14,564 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $26,121 |
| Insurance | $6,826 |
| All other expenses | $0 |
| Total functional expenses | $1,881,944 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,090,854 |
| Savings and temporary cash investments | $554,723 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $147,118 |
| 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 | $15,468 |
| Net Land, buildings, and equipment | $773,530 |
| Investments—publicly traded securities | $523,953 |
| Investments—other securities | $10,030 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $4,115,676 |
| Accounts payable and accrued expenses | $74,982 |
| Grants payable | $0 |
| Deferred revenue | $96,125 |
| 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 | $338,646 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $11,397 |
| Total liabilities | $521,150 |
| Net assets without donor restrictions | $3,594,526 |
| 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 | $4,115,676 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Texas Pharmacy Association has recieved totaling $17,000.
| Awarding Organization | Amount |
|---|---|
Partnership For Safe Medicines Inc Washington, DC PURPOSE: CONTRIBUTION | $17,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Blue Cross And Blue Shield Of Louisiana Foundation Baton Rouge, LA | $38,803,366 | $3,754,107 |
Keller Williams Realty Cares Austin, TX | $19,707,329 | $6,197,000 |
Austin Disaster Relief Network Austin, TX | $6,149,250 | $10,124,383 |
Disaster Services Corporation - Society Of St Vincent De Paul Usa Irving, TX | $1,679,476 | $4,397,385 |
Oklahoma Council Of Public Affairs Inc Oklahoma City, OK | $5,389,386 | $3,957,875 |
Texas Pharmacy Association Austin, TX | $4,115,676 | $2,489,721 |
Center For Planning Excellence Inc Baton Rouge, LA | $2,415,217 | $2,315,226 |
Resilience Force New Orleans, LA | $1,824,285 | $3,073,009 |
Pro Bono Publico Foundation New Orleans, LA | $1,527,473 | $1,031,485 |
Plaquemines Community Care Centers Foundation Inc Belle Chasse, LA | $2,311,370 | $1,731,161 |
Houston Responds Houston, TX | $442,422 | $1,237,331 |
The Restoration Team Houston, TX | $466,672 | $1,084,998 |