2023-02-17T07:15:56-06:00 2022-06-30 260794367 UHY ADVISORS MID-ATLANTIC MD INC 8601 ROBERT FULTON DRIVE SUITE 210 COLUMBIA MD 21046 990 2021-07-01 541972348 PRODUCT QUALITY RESEARCH INSTITUTE PROD 2022305199 1500 K STREET NW 1100 WASHINGTON DC 20005 MEHRAN YAZDANIAN TREASURER 2022305199 2023-02-16 1 MEHRAN YAZDANIAN 999009999 NANCY JOHNSON P01593478 4107205220 2023-02-16 3 AAL1 IAL1 2021 2023-03-07 01:45:13Z MEHRAN YAZDANIAN 1500 K STREET NW 1100 WASHINGTON DC 20005 261721 0 X WWW.PQRI.ORG X 1999 VA TO GENERATE AND SHARE TIMELY, RELEVANT, AND IMPACTFUL INFORMATION THAT ADVANCES GLOBAL DRUG PRODUCT QUALITY, MANUFACTURING AND REGULATION. 4 4 0 125 0 0 95000 98000 20482 80663 35286 30324 268 0 151036 208987 0 0 0 0 0 0 0 0 0 230376 254415 230376 254415 -79340 -45428 412181 299261 41250 41250 370931 258011 X THE PRODUCT QUALITY RESEARCH INSTITUTE (PQRI) IS A NON-PROFIT CONSORTIUM OF ORGANIZATIONS WORKING TOGETHER TO GENERATE AND SHARE TIMELY, RELEVANT, AND IMPACTFUL INFORMATION THAT ADVANCES DRUG PRODUCT QUALITY, MANUFACTURING, AND REGULATION. PQRI PROVIDES A UNIQUE FORUM TO FOCUS CRITICAL THINKING, CONDUCT RESEARCH, EXCHANGE INFORMATION, AND PROPOSE METHODOLOGY OR GUIDANCE TO PHARMACEUTICAL COMPANIES, REGULATORS, AND STANDARD SETTING ORGANIZATIONS. 0 0 148654 80663 PQRI SERVES AS A FORUM FOR ACADEMIA, INDUSTRY, AND REGULATORY AGENCIES, TO CREATE BEST PRACTICES AND CONDUCT JOINT RESEARCH IN SUPPORT OF GLOBAL PHARMACEUTICAL AND BIOPHARMACEUTICAL REGULATION, LEVERAGING ITS INTELLECTUAL, SCIENTIFIC AND TECHNICAL RESOURCES TO ADVANCE DRUG DEVELOPMENT AND REGULATION TO BENEFIT PATIENTS.PQRI IS COMPRISED OF THREE TECHNICAL COMMITTEES AND A STEERING COMMITTEE. THE STEERING COMMITTEE GUIDES AND DIRECTS THE SCIENTIFIC ACTIVITIES OF PQRI AND IS MADE UP OF 6 MEMBER ORGANIZATIONS REPRESENTING THE PHARMACEUTICAL INDUSTRY, TRADE ORGANIZATIONS AND REGULATORY AGENCIES. THE THREE TECHNICAL COMMITTEES (DEVELOPMENT, BIOPHARMACEUTICS, AND PRODUCT QUALITY) PROVIDE TECHNICAL AND SCIENTIFIC GUIDANCE, DIRECTION, AND REVIEW FOR THE PQRI WORKING GROUPS. THE TECHNICAL COMMITTEES CONSIST OF SCIENTISTS AND REGULATORY EXPERTS FROM MEMBER ORGANIZATIONS AND MAKE TECHNICAL/SCIENTIFIC RECOMMENDATIONS TO THE STEERING COMMITTEE. PQRI WORKING GROUPS PERFORM RESEARCH MAINLY THROUGH DATA MINING, LABORATORY EXPERIMENTATION, AND INDUSTRY SURVEYS. RESEARCH: PQRI WILL DONATE FUNDS TO SUPPORT A RESEARCH PROJECT FOR ARTIFICIAL INTELLIGENCE APPLICATION IN CONTINUED PROCESS VERIFICATION. 148654 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 2 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 4 4 0 1 0 0 1 1 1 1 1 0 0 1 1 1 1 0 0 0 0 0 X X KIM ROUSE AT FAEGRE DRINKER BIDDLE 2028428800 1500 K STREET NW WASHINGTON DC 20005 X JOHN PUNZI DIRECTOR 0.25 X 0 0 0 MEHRAN YAZDANIAN TREASURER 0.25 X X 0 0 0 GLENN WRIGHT CHAIR 0.75 X X 0 0 0 DIANE PASKIET DIRECTOR 0.25 X 0 0 0 0 0 0 0 0 0 0 FAEGRE DRINKER BIDDLE REATH LLP ONE LOGAN SQUARE STE 2000 PHILADELPHIA PA 19103 MANAGEMENT SERVICES 165000 1 97000 1000 98000 REGISTRATION FEES 900099 80663 80663 80663 5875 5875 77183 52734 24449 24449 24449 208987 80663 0 30324 165000 72122 92878 9550 9550 514 514 634 277 357 525 229 296 54005 54005 3848 1682 2166 CONSULTING FEES 20339 20339 254415 148654 105761 0 84091 83524 328090 215737 412181 299261 41250 41250 41250 41250 X 314931 200011 56000 58000 370931 258011 412181 299261 -45428 -65782 -1710 0 X X 0 1 X 1 0 X 40000 115000 59000 95000 98000 407000 169501 174225 20482 80663 444871 209501 289225 59000 115482 178663 851871 39000 114000 95000 98000 346000 0 39000 114000 95000 98000 346000 505871 14066 16567 12612 7619 5875 56739 14066 16567 12612 7619 5875 56739 223567 305792 71612 123101 184538 908610 0.55680 0.61510 0.06240 0.05760 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 DUE TO FAEGRE DRINKER BIDDLE & REATH 41250 41250 X 141495 -65782 -65782 207277 1710 1710 208987 254415 0 254415 0 254415 PART X, LINE 2: THE INCOME TAX POSITIONS TAKEN BY PQRI FOR ANY YEARS OPEN UNDER THE VARIOUS STATUTES OF LIMITATIONS ARE THAT PQRI CONTINUES TO BE EXEMPT FROM INCOME TAXES AND THAT THEY HAVE PROPERLY REPORTED UNRELATED BUSINESS INCOME THAT IS SUBJECT TO INCOME TAXES. PQRI BELIEVES THAT THERE ARE NO TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD SIGNIFICANTLY INCREASE UNRECOGNIZED TAX LIABILITIES WITHIN 12 MONTHS OF THE REPORTING DATE. NONE OF PQRI'S FEDERAL OR STATE INCOME TAX RETURNS ARE CURRENTLY UNDER EXAMINATION. FORM 990, PART VI, SECTION A, LINE 3 PQRI'S BOOKKEEPING IS HANDLED BY FAEGRE DRINKER, FOR WHICH A MANAGEMENT FEE IS PAID. FORM 990, PART VI, SECTION A, LINE 6 ALL CURRENT, DUES-PAYING MEMBERS SHARE THE SAME RIGHTS TO ELECT MEMBERS OF THE GOVERNING BOARD OR THEIR DELEGATES. FORM 990, PART VI, SECTION A, LINE 7A THE CURRENT BOARD CONSISTS OF FOUR INDIVIDUALS. ONE BOARD MEMBER, THE CHAIRPERSON, WILL BE ELECTED BY THE NON-GOVERNMENTAL PQRI MEMBER ORGANIZATIONS FOR A TERM OF TWO YEARS. TWO BOARD MEMBERS WILL BE ELECTED TO A TERM OF THREE YEARS BY THE NON-GOVERNMENTAL PQRI MEMBER ORGANIZATIONS, FOLLOWING A ROTATION SCHEDULE AND IN A STAGGERED FASHION. THE ELECTED CHAIR AND VICE CHAIR OF THE PQRI STEERING COMMITTEE WILL BE BOARD MEMBERS WITH FULL VOTING RIGHTS. ELECTED BOARD MEMBERS MAY SERVE SUCCESSIVE TERMS IF ELECTED BY NON- GOVERNMENTAL MEMBER ORGANIZATIONS. GOVERNMENT REPRESENTATIVES ON THE PQRI STEERING COMMITTEE ARE NOT ELIGIBLE TO SERVE ON THE BOARD. FORM 990, PART VI, SECTION A, LINE 7B WHILE THE BOARD OF DIRECTORS HAS FULL AUTHORITY TO MAKE DECISIONS REGARDING FINANCIAL ASPECTS, PQRI'S STEERING COMMITTEE IS RESPONSIBLE FOR RECOMMENDING TO THE BOARD HOW ALL FUNDS ARE TO BE SPENT IN CONJUNCTION WITH SCIENTIFIC ACTIVITIES, SPECIFICALLY ALL RESEARCH DONE UNDER THE PURVIEW OF PQRI. FORM 990, PART VI, SECTION B, LINE 11B PQRI PROVIDES A COMPLETE COPY OF THE FORM 990 TO ALL MEMBERS OF THE GOVERNING BODY BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C PQRI REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY ON AN ANNUAL BASIS. FORM 990, PART VI, SECTION C, LINE 18 THE GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST. FINANCIAL STATEMENTS ARE NOT MADE AVAILABLE TO THE PUBLIC. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST. FINANCIAL STATEMENTS ARE NOT MADE AVAILABLE TO THE PUBLIC. FORM 990, PART XII, LINE 2C PQRI'S BOARD OF DIRECTORS ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT, INCLUDING SELECTION OF THE INDEPENDENT AUDITOR. THIS PROCESS IS CONSISTENT WITH PRIOR YEARS.