National Alliance Of State Pharmacy Association
- Assets
- $1.6m
- Revenue
- $1.3m
- Investments
- $0.0
- Employees
- 13
- Location
- N Chesterfield, VA
- Founding
- 04/1966
- Data as of
- 12/2022
- EIN
- 91-6064070
Organization Overview
National Alliance Of State Pharmacy Association is located in N Chesterfield, VA. The organization was established in 1966. 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. As of 12/2022, National Alliance Of State Pharmacy Association employed 13 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National Alliance Of State 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 12/2022, National Alliance Of State Pharmacy Association generated $1.3m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 8.1% each year. All expenses for the organization totaled $1.3m during the year ending 12/2022. While expenses have increased by 10.2% per year over the past 8 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 MISSION OF NASPA IS TO ENHANCE THE SUCCESS OF STATE PHARMACY ASSOCIATIONS IN THEIR EFFORTS TO ADVANCE THE PROFESSION OF PHARMACY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE A FORUM FOR THE EXCHANGE OF IDEAS AND EXPERIENCE AND TO ADVANCE THE PROFESSIONAL STANDARDS ASSOCIATED WITH PHARMACY PRACTICES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Garth Reynolds President | OfficerTrustee | 3 | $0 |
Kate Gainer President El | OfficerTrustee | 2 | $0 |
Kelly Fine Past Preside | OfficerTrustee | 2 | $0 |
Mike Schwab Secretary/tr | OfficerTrustee | 2 | $0 |
Rebecca Snead Executive Vi | 55 | $175,279 | |
Penny Shelton Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $306,110 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $587,750 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $893,860 |
| Total Program Service Revenue | $314,906 |
| Investment income | $55,566 |
| 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 | $1,264,332 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $145,591 |
| 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 | $747,321 |
| Pension plan accruals and contributions | $24,853 |
| Other employee benefits | $31,430 |
| Payroll taxes | $70,492 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $3,840 |
| Fees for services: Accounting | $9,600 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $15,924 |
| Information technology | $3,189 |
| Royalties | $0 |
| Occupancy | $8,991 |
| Travel | $40,197 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $141,945 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,995 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $1,260,013 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $45,639 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $294,704 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $211,053 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $12,071 |
| Net Land, buildings, and equipment | $7,478 |
| Investments—publicly traded securities | $1,073,544 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $4,579 |
| Other assets | $0 |
| Total assets | $1,649,068 |
| Accounts payable and accrued expenses | $34,001 |
| Grants payable | $0 |
| Deferred revenue | $217,578 |
| 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 | $251,579 |
| Net assets without donor restrictions | $1,244,203 |
| Net assets with donor restrictions | $153,286 |
| 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 | $1,649,068 |
Grants Awarded
Over the last fiscal year, National Alliance Of State Pharmacy Association has awarded $18,100 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
NORTH DAKOTA PHARMACISTS ASSOCIATIO | | | $10,300 |
NEW MEXICO PHARMACISTS ASSOCIATION | | | $7,800 |