Securing Americas Medicines And Supply Inc
- Assets
- $48.9k
- Revenue
- $332.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Washington, DC
- Founding
- Data as of
- 12/2023
- EIN
- 87-0985040
Organization Overview
Securing Americas Medicines And Supply Inc is located in Washington, DC. 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. Securing Americas Medicines And Supply Inc 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 12/2023, Securing Americas Medicines And Supply Inc generated $332.0k in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 9.1% each year. All expenses for the organization totaled $429.2k during the year ending 12/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
SECURING AMERICA'S MEDICINES AND SUPPLY, INC. (SAMS) SEEKS TO DRIVE IMPLEMENTATION OF LEGISLATION AND REGULATION TO REWARD AND FOSTER U.S.-MADE MANUFACTURING OF IMPORTANT PHARMACEUTICAL PRODUCTS, DEVICES, AND PERSONAL PROTECTION EQUIPMENT. SAMS SUPPORT U.S. PATIENTS, DOMESTIC HEALTHCARE SECURITY, AND U.S. JOBS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LOBBYING TO ENCOURAGE INCREASED MANUFACTURING OPERATIONS WITHIN U.S. BORDERS FOR THE U.S. MEDICAL SUPPLY CHAIN VIA REFORMS TO TRADE AND TAX LAW TO DESIGN POLICIES THAT PROMOTE DOMESTIC PRODUCTION. MAINTAIN AND EXPAND U.S. GOVERNMENT LOAN, GRANT, DIRECT INVESTMENT, AND PURCHASE AGREEMENT PROGRAMS FOR IMPORTANT MEDICAL INFRASTRUCTURE DEVELOPED BY COMPANIES PRIMARILY MANUFACTURING IN THE UNITED STATES THROUGH THE NATIONAL INSTITUTES OF HEALTH (NIH) AND BIOMEDICAL ADVANCED RESEARCH DEVELOPMENT AUTHORITY (BARDA). EXPLORE OPPORTUNITIES WITHIN MEDICARE, THE VETERANS ADMINISTRATION, AND THE DEPARTMENT OF DEFENSE TO RECOGNIZE AND PROMOTE U.S.-MADE PHARMACEUTICAL PRODUCTS AND SUPPLIES. STRENGTHEN PROCUREMENT TO THE STRATEGIC NATIONAL STOCKPILE (SNS) FOR IMPORTANT PHARMACEUTICALS, DIAGNOSTICS, MEDICAL DEVICES, AND PERSONAL PROTECTIVE EQUIPMENT, WITH EMPHASIS ON THOSE PRODUCED DOMESTICALLY.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Denny M Lanfear Chairman | OfficerTrustee | 1 | $0 |
Michael Brzica Treasurer | OfficerTrustee | 1 | $0 |
David T Sanders Executive Director | OfficerTrustee | 1 | $0 |
Tony Paquin Director | Trustee | 1 | $0 |
Andrew Gonce Director | Trustee | 1 | $0 |
Stephen Conafay Secretary And Washington C | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
The Conafay Group Fees & Reimb Expenses | 12/30/23 | $145,337 |
Inlet Strategies Llc Fees & Reimb Expenses | 12/30/23 | $125,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $332,000 |
| 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 | $332,000 |
| Total Program Service Revenue | $0 |
| 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 | $332,000 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| 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 | $0 |
| Fees for services: Accounting | $10,387 |
| Fees for services: Lobbying | $347,000 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $71,502 |
| Office expenses | $72 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $277 |
| Total functional expenses | $429,238 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $48,886 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $48,886 |
| Accounts payable and accrued expenses | $0 |
| 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 | $25 |
| Total liabilities | $25 |
| Net assets without donor restrictions | $0 |
| 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 | $48,861 |
| Total liabilities and net assets/fund balances | $48,886 |