NATIONAL ASSOCIATION OF CHAIN DRUG STORES INC: Form 990, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- NATIONAL ASSOCIATION OF CHAIN DRUG STORES INC (EIN 13-5582579)
- Tax period
- 2021-01-01 to 2021-12-31
- Filed
- 2022-10-12
- IRS object ID
- 202232859349300518
- Schema version
- 2021v4.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-10-12T06:30:13-07:00 | ReturnTs |
| Tax Period End | 2021-12-31 | TaxPeriodEndDt |
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2021-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 135582579 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | National Assn of Chain Drug Stores Inc | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | NATI | BusinessNameControlTxt |
| Phone | 7035493001 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1776 Wilson Blvd 200 | AddressLine1Txt |
| City | Arlington | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 22209 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | David M Fitzsimmons | PersonNm |
| Person Title | SVP, Finance & Admin | PersonTitleTxt |
| Signature | 2022-10-12 | SignatureDt |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | David M | PersonFirstNm |
| Person Last | Fitzsimmons | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Federated Assurance Level | FAL1 | FederatedAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2021 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | Steven C AndersonFASAECAEIOM | PrincipalOfficerNm |
| Gross Receipts | $18,011,694 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c | Yes (X) | Organization501cInd |
| Website Address | www.nacds.org | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1933 | FormationYr |
| Legal Domicile State | VA | LegalDomicileStateCd |
| Activity Or Mission | To advance the interests and objectives of the chain community pharmacy industry, by fostering its growth and promoting its role as a provider of healthcare services and consumer products. | ActivityOrMissionDesc |
| Voting Members Governing Body | 23 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 23 | VotingMembersIndependentCnt |
| Total Employee | 64 | TotalEmployeeCnt |
| Total Volunteers | 50 | TotalVolunteersCnt |
| Total Gross UBI | $20,687 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $13,218 | NetUnrelatedBusTxblIncmAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $30,212,068 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $12,507,985 | CYProgramServiceRevenueAmt |
| PY Investment Income | $2,483,536 | PYInvestmentIncomeAmt |
| CY Investment Income | $5,444,552 | CYInvestmentIncomeAmt |
| PY Other Revenue | $357,490 | PYOtherRevenueAmt |
| CY Other Revenue | $59,157 | CYOtherRevenueAmt |
| PY Total Revenue | $33,053,094 | PYTotalRevenueAmt |
| CY Total Revenue | $18,011,694 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $46,316 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $35,300 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $19,877,214 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $17,366,823 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $10,959,470 | PYOtherExpensesAmt |
| CY Other Expenses | $9,402,322 | CYOtherExpensesAmt |
| PY Total Expenses | $30,883,000 | PYTotalExpensesAmt |
| CY Total Expenses | $26,804,445 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $2,170,094 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$8,792,751 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $104,384,631 | TotalAssetsBOYAmt |
| Total Assets EOY | $98,528,710 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $25,294,478 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $27,694,033 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $79,090,153 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $70,834,677 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | To advance the interests and objectives of the chain community pharmacy industry, by fostering its growth and promoting its role as a provider of healthcare services and consumer products. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | Yes (true) | SignificantChangeInd |
| Desc | ANNUAL MEETING - 2,000+ registrants. Directors and officers are elected. Key addresses by chairman of the board, president, and guest speakers. Provides attendees information regarding business, management, merchandising, operations, etc. Provides a forum for executive-level meetings between chain drug members and supplier partners. [Note: COVID-19 caused the meeting to be held virtually in 2021] | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | CONFERENCES AND TRADE SHOWS - 5,000+ registrants. Two conferences held annually. Topics addressed include general merchandising trends, pharmacy and professional issues, health and wellness, and operational concerns of regional chain drug store retailers. Exhibit hall format with some general business sessions included. [Note: COVID-19 caused the meeting to be held virtually in 2021.] | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | FEDERAL AND STATE GOVERNMENT AFFAIRS PROGRAMS - Congressional relations program designed to communicate industry issues of concern to members of Congress; legislative and regulatory liaison designed to keep members informed on important legislative and regulatory developments. Similar program at the state government level. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Described In Section501c3 | false | DescribedInSection501c3Ind |
| Schedule B Required | false | ScheduleBRequiredInd |
| Political Campaign Acty | Yes (true) | PoliticalCampaignActyInd |
| Subject To Proxy Tax | Yes (true) | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | false | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | false | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (true) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | false | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | Yes (true) | GrantsToOrganizationsInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | false | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | Yes (true) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (true) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | Yes (true) | TransactionWithControlEntInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 60 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 64 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (true) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (true) | Form990TFiledInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | Yes (true) | NondeductibleContributionsInd |
| Nondeductible Contri Discl | Yes (true) | NondeductibleContriDisclInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | Yes (true) | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | false | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 23 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 23 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (true) | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (true) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (true) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | Yes (true) | InvestmentInJointVentureInd |
| Written Policy Or Procedure | Yes (true) | WrittenPolicyOrProcedureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | David M Fitzsimmons | PersonNm |
| Phone | 7035493001 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1776 Wilson Blvd STE 200 | AddressLine1Txt |
| City | Arlington | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 222092516 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (36 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt |
|---|---|---|---|---|---|---|---|
| Steven C AndersonFASAECAE | |||||||
| President & CEO | 39.00 | 1.00 | Yes (X) | Yes (X) | $3,966,191 | $0 | $704,881 |
| James A Whitman | |||||||
| SVP Member Programs/Services | 40.00 | 0.00 | $1,132,470 | $0 | $67,445 | ||
| Christopher P Krese | |||||||
| SVP Congressional Relations & Com's | 40.00 | 0.00 | $693,971 | $0 | $75,947 | ||
| Don L Bell | |||||||
| SVP Legal Affairs/General Counsel | 40.00 | 0.00 | $617,909 | $0 | $30,338 | ||
| David M Fitzsimmons | |||||||
| SVP Finance | 38.00 | 2.00 | Yes (X) | $570,908 | $0 | $75,696 | |
| Thomas O'Donnell | |||||||
| SVP Government Affairs | 40.00 | 0.00 | $499,494 | $0 | $34,392 | ||
| Christie Boutte | |||||||
| SVP Reimb, Advocacy & Innovation | 40.00 | 0.00 | $454,376 | $0 | $59,760 | ||
| Mary Ellen Kleiman | |||||||
| VP Legal Affairs | 40.00 | 0.00 | $426,542 | $0 | $33,266 | ||
| Terrance Arth | |||||||
| VP Member Programs | 40.00 | 0.00 | $365,939 | $0 | $73,286 | ||
| Michael Ayotte | |||||||
| SVP Pharmacy Transform & Advocacy | 40.00 | 0.00 | $381,377 | $0 | $46,609 | ||
| Kevin Nicholson | |||||||
| VP Regulatory Aff | 40.00 | 0.00 | $357,231 | $0 | $47,699 | ||
| Sara Roszak | |||||||
| SVP Health & Wellness Strategy | 25.00 | 15.00 | $325,302 | $0 | $75,254 | ||
| Sandra Kay Guckian | |||||||
| VP State Govt | 40.00 | 0.00 | $307,402 | $0 | $47,166 | ||
| Kathleen Jaeger | |||||||
| SVP Pharmacy Care/President FDN | 25.00 | 15.00 | $313,269 | $0 | $37,260 | ||
| Dawn Worthington | |||||||
| VP Human Resources | 40.00 | 0.00 | $288,845 | $0 | $44,077 | ||
| Colleen Lindholz | |||||||
| Chair | 5.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| Brian Nightengale | |||||||
| Vice Chair | 5.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| Lori Flees | |||||||
| Treasurer | 1.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| Joseph Douglas | |||||||
| Director | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| Randy Edeker | |||||||
| Director | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| Lynne Fruth | |||||||
| Director | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| Omer Gajial | |||||||
| Director | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| Alex Gourlay | |||||||
| Director | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| Mark Griffin | |||||||
| Director | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| Kirk Kaminsky | |||||||
| Director | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| Jocelyn Konrad | |||||||
| Director | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| Chris Lane | |||||||
| Director | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| Robert Narveson | |||||||
| Director | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| Martin Otto | |||||||
| Director | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| Craig Painter | |||||||
| Director | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| Jim Peters | |||||||
| Director | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| Jonathan Roberts | |||||||
| Director | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| John Standley | |||||||
| Director | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| Sharon Sternheim | |||||||
| Director | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| Deborah Weitzman | |||||||
| Director | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| Michael Wysong | |||||||
| Director | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $10,701,226 | TotalReportableCompFromOrgAmt |
| Total Other Compensation | $1,453,076 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 48 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | Yes (true) | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| 1776 Wilson 2014 LLC | |||||
| 4601 N Fairfax Dr 1115 | Arlington | VA | 22203 | Landlord | $1,220,786 |
| Manatt Phelps & Phillips LLP | |||||
| 2019 Century Park East 1700 | Los Angeles | CA | 90067 | Legal Fees | $308,551 |
| Find Freedom | |||||
| 118 Hamilton Ave | Silver Spring | MD | 20901 | Communications | $285,000 |
| Reed Smith LLP | |||||
| 225 Fifth Ave | Pittsburgh | PA | 15222 | Legal Fees | $205,643 |
| NVG LLC | |||||
| 1640 Rhode Island Ave 700 | Washington | DC | 20036 | Consulting | $200,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 22 | CntrctRcvdGreaterThan100KCnt |
| Total Contributions | $0 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (4 entries)
| DescDesc | Total Revenue ColumnTotalRevenueColumnAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt | ExclusionExclusionAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|---|
| Advertising | $20,687 | $20,687 | ||
| Conference/Trade Show | $154,400 | $154,400 | ||
| Legal/Coalition Support | $673,092 | $673,092 | ||
| Membership Dues | $11,659,806 | $11,659,806 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $12,507,985 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $2,299,725 | TotalRevenueColumnAmt |
| Exclusion | $2,299,725 | ExclusionAmt |
Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $51,926 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $51,926 | RelatedOrExemptFuncIncomeAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $3,144,827 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $3,144,827 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $3,144,827 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $3,144,827 | RelatedOrExemptFuncIncomeAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Net Income From Gaming NetIncomeFromGamingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Miscellaneous | Desc |
| Total Revenue Column | $7,231 | TotalRevenueColumnAmt |
| Exclusion | $7,231 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $7,231 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $18,011,694 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $15,529,651 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $20,687 | UnrelatedBusinessRevenueAmt |
| Exclusion | $2,461,356 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $35,300 | TotalAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,514,602 | TotalAmt |
Comp Disqual Persons CompDisqualPersonsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,956,935 | TotalAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $498,499 | TotalAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $676,737 | TotalAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $720,050 | TotalAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $776,479 | TotalAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $75,225 | TotalAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $567,737 | TotalAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $243,129 | TotalAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $865,286 | TotalAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $218,601 | TotalAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $146,651 | TotalAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $520,781 | TotalAmt |
Royalties RoyaltiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,209,414 | TotalAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $43,653 | TotalAmt |
Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,175,248 | TotalAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Payments To Affiliates PaymentsToAffiliatesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $219,514 | TotalAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $185,455 | TotalAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt |
|---|---|
| Tax Expense- 4720 Excise | $631,987 |
| Printing and Publications | $624,921 |
| Library Subs & Mbr Dues | $335,623 |
| Credit Card and Bank fees | $253,317 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $309,301 | TotalAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $26,804,445 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,398,735 | BOYAmt |
| EOY | $2,925,659 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $17,972,011 | BOYAmt |
| EOY | $8,121,571 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $500,501 | BOYAmt |
| EOY | $94,130 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,792,194 | BOYAmt |
| EOY | $1,383,988 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $4,580,557 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $4,003,572 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $785,095 | BOYAmt |
| EOY | $576,985 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $78,628,485 | BOYAmt |
| EOY | $81,847,750 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,307,610 | BOYAmt |
| EOY | $3,578,627 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $104,384,631 | BOYAmt |
| EOY | $98,528,710 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,476,055 | BOYAmt |
| EOY | $8,842,746 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $14,818,423 | BOYAmt |
| EOY | $18,851,287 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $25,294,478 | BOYAmt |
| EOY | $27,694,033 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $79,090,153 | BOYAmt |
| EOY | $70,834,677 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $79,090,153 | BOYAmt |
| EOY | $70,834,677 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $104,384,631 | BOYAmt |
| EOY | $98,528,710 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | -$8,792,751 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $537,720 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | -$445 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | false | FederalGrantAuditRequiredInd |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Political Expenditures | $3,000 | PoliticalExpendituresAmt |
| Internal Funds Contributed | $3,000 | InternalFundsContributedAmt |
| Total Exempt Function Expend | $3,000 | TotalExemptFunctionExpendAmt |
| Form1120 POL Filed | Yes (true) | Form1120POLFiledInd |
Section527 Political Org Section527PoliticalOrgGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Paid Internal FundsPaidInternalFundsAmt |
|---|---|---|---|---|---|
| Gustavo Rivera for Senate | |||||
| 70 E 184th St | Bronx | NY | 10468 | 272478542 | $2,000 |
| Friends of Malcolm Augustine | |||||
| 1215 E Fort Ave 106 | Baltimore | MD | 21230 | 464156000 | $1,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantially All Dues Nonded | false | SubstantiallyAllDuesNondedInd |
| Only In House Lobbying | false | OnlyInHouseLobbyingInd |
| Agree Carryover Prior Year | false | AgreeCarryoverPriorYearInd |
| Dues Assessments | $11,659,806 | DuesAssessmentsAmt |
| Non Deductible Lbbyng Pltcl CY | $4,407,801 | NonDeductibleLbbyngPltclCYAmt |
| Non Deductible Lbbyng Pltcl Tot | $4,407,801 | NonDeductibleLbbyngPltclTotAmt |
| Aggregate Reported Dues Ntc | $4,663,922 | AggregateReportedDuesNtcAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part I-A, Line 1 - Direct and Indirect Political Campaign Activities | FormAndLineReferenceDesc |
| Explanation | Corporate contributions made to candidates for state office, or to state political organizations.Taxpayer ID's containing x's in the list are SSN's. For security purposes, only the last 4 digits are used. | ExplanationTxt |
Schedule D IRS990ScheduleD
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $2,106,362 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,672,447 | DepreciationAmt |
| Book Value | $433,915 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,064,923 | OtherCostOrOtherBasisAmt |
| Depreciation | $929,658 | DepreciationAmt |
| Book Value | $135,265 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,409,272 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,401,467 | DepreciationAmt |
| Book Value | $7,805 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $576,985 | TotalBookValueLandBuildingsAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part X : FIN48 Footnote | FormAndLineReferenceDesc |
| Explanation | Since the Taxpayer's consolidated audit includes its Foundation and Political Action Committee, the following is taken from the part of the footnote related to this taxpayer:Income taxes: The Association is generally exempt from income taxes on income under the provisions of Section 501(c)(6) of the Internal Revenue Code. Income from nonexempt functions is subject to unrelated business income tax. The Association had income tax expense, relating to advertising income, of $19,900 and $36,579 for the years ended December 31, 2021 and 2020, respectively. The Association follows the accounting standard on accounting for uncertainty in income taxes, which addresses the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the consolidated financial statements. Under this guidance, the Association may recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by taxing authorities, based on the technical merits of the position. The tax benefits recognized in the financial statements from such a position are measured based on the largest benefit that has a greater than 50 percent likelihood of being realized upon ultimate settlement. The guidance on accounting for uncertainty in income taxes also addresses de-recognition, classification, interest and penalties on income taxes, and accounting in interim periods. Management evaluated the Association's tax positions and concluded that the Association had taken no uncertain tax positions that require adjustment to the financial statements to comply with the provisions of this guidance. | ExplanationTxt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Non Cash AssistanceNonCashAssistanceAmt | Valuation Method UsedValuationMethodUsedDesc | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|---|---|---|
| Amer Society of Assn Execs | |||||||||
| 1575 Eye St NW | Washington | DC | 20005 | 530026940 | 501(c)(6) | $12,000 | $0 | Actual Cost | Support Annual Dinner |
| George Washingtons Mt Vernon | |||||||||
| PO Box 110 | Mt Vernon | VA | 22121 | 540564701 | $15,000 | $0 | Actual Cost | Support Annual Dinner | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 1 | Total501c3OrgCnt |
| Total Other Org | 1 | TotalOtherOrgCnt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Grantmaker's Description of How Grants are Used | FormAndLineReferenceDesc |
| Explanation | Taxpayer does not make formal grants, but may give to other 501(c) orgs as memorial contributions for industry members, or to support the annual dinners of local trade associations. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| First Class Or Charter Travel | Yes (X) | FirstClassOrCharterTravelInd |
| Travel For Companions | Yes (X) | TravelForCompanionsInd |
| Idemnification Gross Up Pmts | Yes (X) | IdemnificationGrossUpPmtsInd |
| Club Dues Or Fees | Yes (X) | ClubDuesOrFeesInd |
| Written Policy Ref T And E Expnss | Yes (true) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (true) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | Yes (true) | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | Yes (true) | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (15 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt |
|---|---|---|---|---|---|---|---|
| Christie Boutte | |||||||
| SVP Reimb, Advocacy & Innovation | $365,116 | $75,000 | $14,260 | $29,000 | $30,760 | $514,136 | |
| Christopher P Krese | |||||||
| SVP Congressional Relations & Com's | $587,051 | $112,500 | -$5,580 | $29,000 | $46,947 | $769,918 | |
| David M Fitzsimmons | |||||||
| SVP Finance | $380,500 | $175,000 | $15,408 | $29,000 | $46,696 | $646,604 | |
| Dawn Worthington | |||||||
| VP Human Resources | $235,500 | $35,063 | $18,282 | $25,500 | $18,577 | $332,922 | |
| Don L Bell | |||||||
| SVP Legal Affairs/General Counsel | $617,909 | $30,338 | $648,247 | ||||
| James A Whitman | |||||||
| SVP Member Programs/Services | $692,425 | $352,197 | $87,848 | $29,000 | $38,445 | $1,199,915 | |
| Kathleen Jaeger | |||||||
| SVP Pharmacy Care/President FDN | $302,449 | $10,820 | $22,816 | $14,444 | $350,529 | ||
| Kevin Nicholson | |||||||
| VP Regulatory Aff | $291,000 | $39,625 | $26,606 | $29,000 | $18,699 | $404,930 | |
| Mary Ellen Kleiman | |||||||
| VP Legal Affairs | $356,251 | $49,219 | $21,072 | $29,000 | $4,266 | $459,808 | |
| Michael Ayotte | |||||||
| SVP Pharmacy Transform & Advocacy | $291,308 | $64,453 | $25,616 | $29,000 | $17,609 | $427,986 | |
| Sandra Kay Guckian | |||||||
| VP State Govt | $249,000 | $32,656 | $25,746 | $27,500 | $19,666 | $354,568 | |
| Sara Roszak | |||||||
| SVP Health & Wellness Strategy | $237,981 | $56,250 | $31,071 | $27,698 | $47,556 | $400,556 | |
| Steven C AndersonFASAECAE | |||||||
| President & CEO | $1,456,545 | $2,415,470 | $94,176 | $669,452 | $35,429 | $4,671,072 | $1,174,000 |
| Terrance Arth | |||||||
| VP Member Programs | $306,500 | $40,750 | $18,689 | $29,000 | $44,286 | $439,225 | |
| Thomas O'Donnell | |||||||
| SVP Government Affairs | $495,677 | $3,817 | $7,405 | $26,987 | $533,886 | ||
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part I, Line 1a: Relevant information in regards to selections on 1a. | FormAndLineReferenceDesc |
| Explanation | Additional Information for Sch J, Part I Questions:First Class travel is allowed for the CEO for longer flights (per employment contract), and is used sparingly.Companion travel is rare, and when it does occur, it is included as taxable income on the employee's W-2, unless there is a bona fide business purpose.Tax gross up is used when paying a deferred comp. payment from the Supplemental Executive Retirement Plan.Health Club dues are reimbursed up to $250 per year and are included on the employee's W-2. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (12 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part III, Line 3: Ceased Conducting or Significant Changes To Services | As a result of the continuing COVID-19 pandemic in 2021, all Meetings and Conferences were held virtually, as opposed to in-person. This was a one-time exception, and Meetings and Conferences should return to in-person events in 2022. |
| Form 990, Part III, Line 4d: Other Program Services Description | OTHER PROGRAM SERVICES 4: PHARMACY OPERATIONS AND PATIENT CARE PROGRAMS - Various programs to demonstrate and communicate the value of pharmacy services in improving health outcomes and lowering overall healthcare costs. Includes working with other allied trade associations and state boards of pharmacy to address pharmacy practices and professional issues which affect chain drug store operations. Also provide online educational courses for pharmacists. OTHER PROGRAM SERVICES 5: OTHER PROGRAM SERVICES - Various other services to members including regulatory guidance on industry issues, legal support on industry matters, membership directory, public relations and communications, and front-end retail support. |
| Form 990, Part VI, Line 1a: Explanation of Delegated Broad Authority to Committee | The NACDS Executive Committee has the authority to act on behalf of the NACDS Board between board meetings. This authority is granted in the taxpayer's bylaws. |
| Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et | Business Relationships among the Board: In three instances, two board members represented the same member company: Walgreens- Alex Gourlay and John Standley; Rite Aid- Jim Peters and Jocelyn Konrad; Walmart- Lori Flees and John McDowell. |
| Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder | Classes of Membership- Membership in The Corporation is divided into three classes: Active, Associate, and International.Active Members- Any person, firm, or corporation engaged in operating for-profit retail drug stores or other for-profit community retail pharmacies shall be eligible for Active Membership in The Corporation, including operators of four or more for-profit retail drug stores or other for-profit community retail pharmacies that are subsidiaries of, owned by, or directly or indirectly controlled by a not-for-profit organization. Associate Members- Any person, firm, corporation, or organization actively engaged in supplying goods or services to the profession of pharmacy, the drug industry, retail drug stores or other for-profit community retail pharmacies shall be eligible for Associate Membership in The Corporation. International Members- Any person, firm, corporation, or organization located in and organized under the laws of a jurisdiction outside of the United States and engaged in operating for-profit retail drug stores or other for-profit community retail pharmacies or actively engaged in supplying goods or services to the profession of pharmacy, drug industry, retail drug stores or other for-profit community retail pharmacies shall be eligible for International Membership. |
| Form 990, Part VI, Line 11b: Form 990 Review Process | A copy of the form 990 is made available to the Directors for their review prior to filing. The Directors are instructed to contact the SVP Finance if they have any questions regarding the return. After a reasonable period of time, the forms are filed if there are no further questions. |
| Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts | The organization's conflict of interest policies require officers, directors and employees to notify the taxpayer of any conflicts. In order to monitor and enforce compliance with the policy, directors are reminded of the policy at every Board meeting and Executive Committee meeting. |
| Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees | Form 990 Executive Compensation:Q15a. Taxpayer has a Human Resources Committee of the Board of Directors for review, discussion and approval of the CEO's salary and annual performance-based bonus award. The CEO's compensation is benchmarked annually by an independent compensation analysis firm that uses appropriate comparable data from other organizations of similar size and geographic location, including 990's of other organizations and compensation studies. The data and analysis is provided to the Committee. Records of the process and the resulting determination are kept within the Committee meeting minutes.Q15b. Taxpayer uses comparable compensation data to benchmark other officers and key employees of the organization. An independent compensation analysis firm is utilized to routinely review and compare our established, board-approved compensation program with comparable organizations of similar size and geographic region. The Human Resources Committee of the Board of Directors reviews and discusses compensation for officers and key employees. The President & CEO has the final authority on other officers and key employees compensation. Records of the process and the resulting determination are kept within the Committee meeting minutes. |
| Form 990, Part VI, Line 19: Other Organization Documents Publicly Available | The taxpayer's governing documents, conflict of interest policy, and audited financial statements are available to the general public upon request. |
| Other Changes In Net Assets Or Fund Balances - Other Decreases | Misc Adjustment = -$445 |
| Balance Sheet - Other Assets Explanation | Included in Other Assets on the Balance Sheet is a $1.9 million investment in Surescripts,LLC. One aspect of Surescripts' business is transmission of electronic prescriptions. Taxpayer made an investment in Surescripts to help it initially get started. Taxpayer owns approximately 25% of Surescripts, but does not exercise significant control over Surescripts operations. The investment is shown at original cost, less a valuation allowance. |
| Part VII, Section A, Column B - Hours for Related Organizations | Kathleen Jaeger spent approximately 15 hrs per week supporting NACDS Foundation- a related organization, as President of the NACDS Foundation. Sara Roszak became President of the Foundation in June 2021 and spent approximately 15 hours per week on Foundation matters. David M. Fitzsimmons spent approximately 2 hrs per week on NACDS Foundation administration. Steven C. Anderson spent approximately one hour per week overseeing Foundation activities as Chairman of the NACDS Foundation. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Exempt Code SectionExemptCodeSectionTxt | Public Charity StatusPublicCharityStatusTxt | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Controlled OrganizationControlledOrganizationInd |
|---|---|---|---|---|---|---|---|---|---|---|
| NACDS Foundation Inc | ||||||||||
| 1776 Wilson Blvd Suite 200 | Arlington | VA | 22209 | 510144922 | 501(C)(3) Supporting Organization | VA | 501(C)(3) | Type 1 Supporting | National Assn of Chain Drug Stores Inc | Yes (true) |
| NACDS Political Action Committee | ||||||||||
| 1776 Wilson Blvd Suite 200 | Arlington | VA | 22209 | 541603961 | Political Action Committee | VA | 527 | National Assn of Chain Drug Stores Inc | Yes (true) | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | false | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | false | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | false | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | false | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | false | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | false | DivRelatedOrganizationInd |
| Asset Sale To Other Org | false | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | false | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | false | AssetExchangeInd |
| Rental Of Facilities To Oth Org | false | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | false | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | false | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | false | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | Yes (true) | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (true) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | false | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | Yes (true) | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | false | TransferToOtherOrgInd |
| Transfer From Other Org | false | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (3 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| NACDS Foundation Inc | ||
| n | $32,181 | Actual Cost |
| NACDS Foundation Inc | ||
| o | $255,203 | Actual Cost |
| NACDS Foundation Inc | ||
| q | $53,387 | Actual Cost |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Relationship with Other Orgs | FormAndLineReferenceDesc |
| Explanation | Taxpayer and another 501(c)(6) org. each appoint 50% of the Board of a 3rd 501(c)(6) org.- The Institute for the Advancement of Community Pharmacy, Inc. (Tax ID# 54-1924721). Though this does not qualify under the Sch. R definition of control, taxpayer and the other 501(c)(6) support this 3rd organization by reimbursing its operating expenses, and by providing staff support free of charge. | ExplanationTxt |