7272 WISCONSIN BUILDING CORP: Form 990, tax year 2013
View the entire original 990 at ProPublica ↗
- Organization
- 7272 WISCONSIN BUILDING CORP (EIN 52-1760057)
- Tax period
- 2013-06-01 to 2014-05-31
- Filed
- 2015-04-13
- IRS object ID
- 201541039349300704
- Schema version
- 2013v4.0
- 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 | 2015-04-13T08:35:39-05:00 | ReturnTs |
| Tax Period End | 2014-05-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 521855942 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | TATE AND TRYON | BusinessNameLine1 |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2021 L STREET NW SUITE 400 | AddressLine1 |
| City | WASHINGTON | City |
| State | DC | State |
| ZIP Code | 20036 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2013-06-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 521760057 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | 7272 WISCONSIN BUILDING CORP | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | 7272 | BusinessNameControlTxt |
| Phone | 3016648809 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 7272 WISCONSIN AVENUE | AddressLine1 |
| City | BETHESDA | City |
| State | MD | State |
| ZIP Code | 20814 | ZIPCode |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | PAUL W ABRAMOWITZ | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 3016648809 | PhoneNum |
| Signature | 2015-04-13 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | DEBORAH KOSNETT | PreparerPersonNm |
| PTIN | P00290720 | PTIN |
| Phone | 2022932200 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2013 | TaxYr |
| Build TS | 2016-02-25 16:41:14Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | PAUL W ABRAMOWITZ | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 7272 WISCONSIN AVENUE | AddressLine1 |
| City | BETHESDA | City |
| State | MD | State |
| ZIP Code | 20814 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $7,113,653 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c | Yes (X) | Organization501cInd |
| Website Address | N/A | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1992 | FormationYr |
| Legal Domicile State | MD | LegalDomicileStateCd |
| Activity Or Mission | TO HOLD TITLE TO AND MANAGE PROPERTY OWNED BY THE AMERICAN SOCIETY OF HEALTH-SYSTEM PHARMACISTS. | ActivityOrMissionDesc |
| Voting Members Governing Body | 3 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 0 | VotingMembersIndependentCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Total Volunteers | 0 | TotalVolunteersCnt |
| Total Gross UBI | $1,786,446 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $1,786,407 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $0 | PYContributionsGrantsAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $0 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| PY Investment Income | $0 | PYInvestmentIncomeAmt |
| CY Investment Income | $0 | CYInvestmentIncomeAmt |
| PY Other Revenue | $2,706,022 | PYOtherRevenueAmt |
| CY Other Revenue | $2,650,173 | CYOtherRevenueAmt |
| PY Total Revenue | $2,706,022 | PYTotalRevenueAmt |
| CY Total Revenue | $2,650,173 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $0 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $0 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $0 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $894,726 | PYOtherExpensesAmt |
| CY Other Expenses | $773,659 | CYOtherExpensesAmt |
| PY Total Expenses | $894,726 | PYTotalExpensesAmt |
| CY Total Expenses | $773,659 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $1,811,296 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $1,876,514 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $22,292,494 | TotalAssetsBOYAmt |
| Total Assets EOY | $22,239,231 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $16,934,042 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $16,124,308 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $5,358,452 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $6,114,923 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | THE PURPOSE OF THE CORPORATION IS TO PURCHASE, FINANCE, MANAGE AND HOLD TITLE TO PROPERTY, COLLECT INCOME THEREFROM AND TURN OVER THE AMOUNT, LESS EXPENSES AND A REASONABLE RESERVE, TO THE AMERICAN SOCIETY OF HEALTH-SYSTEM PHARMACISTS, INC. (ASHP), AN ORGANIZATION THAT IS EXEMPT FROM TAX UNDER SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE, AS AMENDED, IN ACCORDANCE WITH THE SECTION 501(C)(2). | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Desc | TO HOLD TITLE TO AND MANAGE PROPERTY OWNED BY THE AMERICAN SOCIETY OF HEALTH-SYSTEM PHARMACISTS. | Desc |
| Described In Section501c3 | 0 | DescribedInSection501c3Ind |
| Schedule B Required | 0 | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Temp Or Permanent Endowments | 0 | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | Yes (1) | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | Yes (1) | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 16 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 0 | EmployeeCnt |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 3 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 0 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | Yes (1) | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | 0 | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | VANGUARD REALTY GROUP | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 3016648809 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 7272 WISCONSIN AVENUE | AddressLine1 |
| City | BETHESDA | City |
| State | MD | State |
| ZIP Code | 20814 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionAGrp (4 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 |
|---|---|---|---|---|---|---|---|
| PAUL W ABRAMOWITZ | |||||||
| PRESIDENT/CHAIR | 1.00 | 40.00 | Yes (X) | Yes (X) | $0 | $479,948 | $40,824 |
| DAVID J EDWARDS | |||||||
| TREASURER | 1.00 | 40.00 | Yes (X) | Yes (X) | $0 | $239,247 | $39,552 |
| DAVID R WITMER | |||||||
| DIRECTOR/MANAGER | 1.00 | 40.00 | Yes (X) | Yes (X) | $0 | $290,518 | $43,525 |
| FERN ZAPPALA | |||||||
| GENERAL COUNSEL/CORP SECY | 1.00 | 40.00 | Yes (X) | $0 | $224,742 | $27,017 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $0 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $1,234,455 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $150,918 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 0 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (4 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1 | CityContractorAddress/USAddress/City | StateContractorAddress/USAddress/State | ZIP CodeContractorAddress/USAddress/ZIPCode | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| RECURRENT BUILDING INTELLIGENCE | |||||
| 1390 PICCARD DR 120 | ROCKVILLE | MD | 20850 | BUILDING MANAGEMENT | $377,214 |
| GFZ REALTY LLC | |||||
| 1390 PICCARD DR 120 | ROCKVILLE | MD | 20850 | BUILDING MANAGEMENT | $232,430 |
| VANGUARD REALTY GROUP | |||||
| 1201 SEVEN LOCKS ROAD 350 | POTOMAC | MD | 20854 | BUILDING MANAGEMENT | $188,456 |
| HOLLAND & KNIGHT LLP | |||||
| PO BOX 864084 | ORLANDO | FL | 32886 | LEGAL SERVICES | $101,847 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 4 | CntrctRcvdGreaterThan100KCnt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $7,113,653 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $4,463,480 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $2,650,173 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $2,650,173 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $520,949 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $1,786,446 | UnrelatedBusinessRevenueAmt |
| Exclusion | $342,778 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $2,650,173 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $520,949 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $1,786,446 | UnrelatedBusinessRevenueAmt |
| Exclusion | $342,778 | ExclusionAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $244,376 | TotalAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,562 | TotalAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $30,008 | TotalAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,939 | TotalAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $27,351 | TotalAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $24,631 | TotalAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $877,723 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $967,994 | TotalAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $73,185 | TotalAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt |
|---|---|
| PROVISION FOR INCOME TA | $499,293 |
| REPAIRS AND MAINTENANCE | $587,861 |
| REAL ESTATE TAXES | $562,293 |
| UTILITIES | $417,958 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | -$3,548,515 | TotalAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $773,659 | TotalAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,437,227 | BOYAmt |
| EOY | $1,853,567 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $452,428 | BOYAmt |
| EOY | $472,716 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $156,153 | BOYAmt |
| EOY | $52,836 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $105,010 | BOYAmt |
| EOY | $124,464 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $32,170,020 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $14,680,656 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $17,973,697 | BOYAmt |
| EOY | $17,489,364 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,167,979 | BOYAmt |
| EOY | $2,246,284 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $22,292,494 | BOYAmt |
| EOY | $22,239,231 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,101,798 | BOYAmt |
| EOY | $935,002 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $15,261,525 | BOYAmt |
| EOY | $14,612,800 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $570,719 | BOYAmt |
| EOY | $576,506 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $16,934,042 | BOYAmt |
| EOY | $16,124,308 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,358,452 | BOYAmt |
| EOY | $6,114,923 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,358,452 | BOYAmt |
| EOY | $6,114,923 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $22,292,494 | BOYAmt |
| EOY | $22,239,231 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $1,876,514 | ReconcilationRevenueExpnssAmt |
| Prior Period Adjustments | -$64 | PriorPeriodAdjustmentsAmt |
| Other Changes In Net Assets | -$1,119,979 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | 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 (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule D IRS990ScheduleD
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $4,448,170 | OtherCostOrOtherBasisAmt |
| Book Value | $4,448,170 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $22,020,279 | OtherCostOrOtherBasisAmt |
| Depreciation | $11,060,181 | DepreciationAmt |
| Book Value | $10,960,098 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $5,621,863 | OtherCostOrOtherBasisAmt |
| Depreciation | $3,574,110 | DepreciationAmt |
| Book Value | $2,047,753 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $79,708 | OtherCostOrOtherBasisAmt |
| Depreciation | $46,365 | DepreciationAmt |
| Book Value | $33,343 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $17,489,364 | TotalBookValueLandBuildingsAmt |
Other Assets Org OtherAssetsOrgGrp (5 entries)
| DescDesc | Book ValueBookValueAmt |
|---|---|
| DEFERRED TAX ASSET | $519,834 |
| LEASING COMMISSIONS - NET | $676,685 |
| AMORTIZED RENT | $883,049 |
| LOAN COSTS - NET | $161,904 |
| LEASE ACQUISITION COSTS - NET | $4,812 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $2,246,284 | TotalBookValueOtherAssetsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)
| DescDesc | AmtAmt |
|---|---|
| SECURITY DEPOSITS | $128,329 |
| DEFERRED TAX LIABILITY | $282,054 |
| OTHER LIABILITIES | $166,123 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $576,506 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $7,111,339 | TotalRevEtcAuditedFinclStmtAmt |
| Other Revenue | $4,461,166 | OtherRevenueAmt |
| Revenue Not Reported | $4,461,166 | RevenueNotReportedAmt |
| Revenue Subtotal | $2,650,173 | RevenueSubtotalAmt |
| Revenue Not Reported Fincl Stmt | $0 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $2,650,173 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $5,234,825 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $4,461,166 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $4,461,166 | ExpensesNotReportedAmt |
| Expenses Subtotal | $773,659 | ExpensesSubtotalAmt |
| Expenses Not Rpt Fincl Stmt | $0 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $773,659 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART X, LINE 2: | DURING THE YEAR ENDED MAY 31, 2014, MANAGEMENT DID NOT IDENTIFY ANY UNCERTAIN INCOME TAX POSITIONS. AT A MINIMUM, THE TAX YEARS BEGINNING IN 2010 THROUGH 2013 ARE OPEN FOR EXAMINATION BY TAX AUTHORITIES. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | RENTAL EXPENSE REPORTED ON PART VIII LINE 6B 4,463,480. BOOK BASIS INTEREST ADJUSTMENT -2,314. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | RENTAL EXPENSE REPORTED ON PART VIII LINE 6B 4,463,480. BOOK BASIS INTEREST ADJUSTMENT -2,314. |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | Yes (1) | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (4 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| PAUL W ABRAMOWITZ | ||||||||||||||
| PRESIDENT/CHAIR | $0 | $413,442 | $0 | $40,720 | $0 | $25,786 | $0 | $22,620 | $0 | $19,819 | $0 | $522,387 | $0 | $0 |
| DAVID J EDWARDS | ||||||||||||||
| TREASURER | $0 | $211,219 | $0 | $25,000 | $0 | $3,028 | $0 | $21,348 | $0 | $23,087 | $0 | $283,682 | $0 | $0 |
| DAVID R WITMER | ||||||||||||||
| DIRECTOR/MANAGER | $0 | $263,196 | $0 | $25,000 | $0 | $2,322 | $0 | $25,321 | $0 | $23,636 | $0 | $339,475 | $0 | $0 |
| FERN ZAPPALA | ||||||||||||||
| GENERAL COUNSEL/CORP SECY | $0 | $196,967 | $0 | $25,000 | $0 | $2,775 | $0 | $19,102 | $0 | $11,148 | $0 | $254,992 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 3 | 7272 WISCONSIN BUILDING CORP HAS NO EMPLOYEES; ACCORDINGLY, PERSONNEL OF 7272 WISCONSIN BUILDING CORP ARE EMPLOYED BY THE AMERICAN SOCIETY OF HEALTH-SYSTEM PHARMACISTS, INC. ("ASHP"), A RELATED 501(C)(6) ORGANIZATION. ASHP USES THE FOLLOWING TO ESTABLISH COMPENSATION FOR 7272 WISCONSIN BUILDING CORP'S PRESIDENT: COMPENSATION COMMITTEE; WRITTEN EMPLOYMENT CONTRACT; COMPENSATION SURVEY OR STUDY; FORM 990 OF OTHER ORGANIZATIONS; APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE. |
| PART I, LINE 4B | PAUL W. ABRAMOWITZ: $17,500, SECTION 457 PLAN. THIS INDIVIDUAL IS AN EMPLOYEE OF ASHP AND ALL BENEFITS ARE PROVIDED BY THAT ORGANIZATION. |
Schedule L IRS990ScheduleL
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp
Name Of Interested NameOfInterested
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | AMERICAN SOCIETY OF HEALTH-SYSTEM PHARMACISTS (ASHP) | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship Description | ORGANIZATION'S OFFICERS/KEY EMPLOYEES ARE OFFICERS/KEY EMPLOYEES OF ASHP | RelationshipDescriptionTxt |
| Transaction | $0 | TransactionAmt |
| Transaction | PLEASE SEE SCHEDULE R FOR INFORMATION CONCERNING TRANSACTIONS BETWEEN THE TWO ORGANIZATIONS. | TransactionDesc |
| Sharing Of Revenues | 0 | SharingOfRevenuesInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (10 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 3 | THE CORPORATION IS A TITLE HOLDING COMPANY, HOLDING THE HEADQUARTERS BUILDING OF THE AMERICAN SOCIETY OF HEALTH-SYSTEM PHARMACISTS. THE MANAGEMENT OF THE BUILDING IS PERFORMED BY VANGUARD REALTY GROUP. 7272 WISCONSIN BUILDING CORP PAID $188,456 TO VANGARD REALTY GROUP FOR MANAGEMENT FEE SERVICES PERFORMED DURING THE FISCAL YEAR. |
| FORM 990, PART VI, SECTION A, LINE 8B | 7272 WISCONSIN BUILDING CORP DOES NOT HAVE ANY COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. |
| FORM 990, PART VI, SECTION B, LINE 11 | AFTER MANAGEMENT HAS REVIEWED AND APPROVED THE FORM 990, THE BOARD OF DIRECTORS IS NOTIFIED VIA EMAIL THAT THE FORM 990 IS AVAILABLE FOR THEIR REVIEW. |
| FORM 990, PART VI, SECTION B, LINE 12C | EACH MEMBER OF THE BOARD OF DIRECTORS COMPLETES A WRITTEN ANNUAL DISCLOSURE REPORT. THERE IS A CONTINUING OBLIGATION BY INDIVIDUAL BOARD MEMBERS TO REPORT IF THERE ARE ANY CHANGES IN THE EXTERNAL ACTIVITIES OF THE BOARD MEMBER. IF THE BOARD BELIEVES THERE IS A POTENTIAL OR ACTUAL CONFLICT OF INTEREST THEN THE BOARD MEMBER MAY HAVE TO DEFER AN EXTERNAL ACTIVITY UNTIL THEIR TENURE ON THE BOARD IS COMPLETED, MAY HAVE TO RECUSE HIM- OR HERSELF FROM ANY DISCUSSIONS OF A TOPIC BY THE BOARD, AND/OR NOT PARTICIPATE IN ANY BOARD ACTION ON AN ISSUE. KEY EMPLOYEES COMPLETE A DISCLOSURE REPORT FORM AS PART OF THE YEARLY EXTERNAL FINANCIAL AUDIT, AND ALSO AS PART OF THEIR CONDITIONS OF EMPLOYMENT, WHICH THEY SIGN AT THE TIME OF THEIR HIRE. |
| FORM 990, PART VI, SECTION B, LINE 15A | THE MEMBERS OF THE BOARD OF DIRECTORS DO NOT RECEIVE COMPENSATION NOR ARE EXPENSES REIMBURSED FROM THE CORPORATION. ALL MEMBERS OF THE BOARD ARE FULL TIME EMPLOYEES OF THE AMERICAN SOCIETY OF HEALTH-SYSTEM PHARMACISTS (ASHP), AND ARE REQUIRED TO FOLLOW THE RESPECTIVE WRITTEN POLICIES OF THAT ORGANIZATION. ACCORDINGLY, FOLLOWING IS A DESCRIPTION OF THE PROCESS THAT TAKES PLACE AT ASHP: THE ASHP BOARD OF DIRECTORS IS RESPONSIBLE FOR THE HIRING AND REVIEW OF THE CEO. THE CEO IS THE ONLY FULL TIME EMPLOYEE OF THE ORGANIZATION WITH AN EMPLOYMENT AGREEMENT. THE BOARD OF DIRECTORS, IN DETERMINING COMPENSATION FOR THE CHIEF EXECUTIVE OFFICER, USES EXTERNAL SALARY AND COMPENSATION COMPARABILITY DATA FOR SIMILAR POSITIONS. MINUTES OF THESE DELIBERATIONS ARE MAINTAINED. OTHER KEY EMPLOYEES THAT ARE EMPLOYED BY THE ORGANIZATION ARE "EMPLOYEES AT WILL". SALARIES FOR THESE INDIVIDUALS ARE DETERMINED USING RELEVANT COMPARABLE SALARY DATA. PRIOR TO FILLING A VACANT POSITION. A HIRING SUPERVISOR, IN CONJUNCTION WITH THE HUMAN RESOURCES DIVISION, RESEARCHES RELEVANT SALARY RANGES FOR THE POSITION. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION WOULD MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. |
| FORM 990, PART VI, SECTION B, LINES 13-14 | 7272 ADHERES TO THE WRITTEN WHISTLEBLOWER AND DOCUMENT RETENTION/DESTRUCTION POLICIES ADOPTED BY ASHP, A RELATED ORGANIZATION. |
| FORM 990, PART XI, LINE 9: | DISTRIBUTIONS -1,676,922. CAPITAL CONTRIBUTIONS 556,943. |
| FORM 990, PART XII, LINE 2C: | THE AUDIT OVERSIGHT PROCESS HAS REMAINED UNCHANGED FROM THE PRIOR YEAR. |
| FORM 990, PART I, LINE 7B: | 7272 WISCONSIN BUILDING CORPORATION FILES A CONSOLIDATED FORM 990-T WITH A RELATED ORGANIZATION, THE AMERICAN SOCIETY OF HEALTH-SYSTEM PHARMACISTS. NET UBI ON LINE 7B REFLECTS ONLY 7272'S PORTION OF NET UBI: $1,786,407 TAXABLE INCOME, 7272 70,723 TAXABLE INCOME, ASHP 961 MARYLAND BONUS DEPRECIATION ADJUSTMENT - 7272 (153,214) STATE TAX DEDUCTION ---------- $1,702,955 TAXABLE INCOME, CONSOLIDATED FORM 990-T ========== |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | AMERICAN SOCIETY OF HEALTH-SYSTEM PHARMACISTS INC (ASHP) | BusinessNameLine1 |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 7272 WISCONSIN AVENUE | AddressLine1 |
| City | BETHESDA | City |
| State | MD | State |
| ZIP Code | 20814 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 520807628 | EIN |
| Primary Activities | IMPROVE MEDICATION USE AND ENHANCE PATIENT SAFETY | PrimaryActivitiesTxt |
| Legal Domicile State | MD | LegalDomicileStateCd |
| Exempt Code Section | 501(C)(6) | ExemptCodeSectionTxt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ASHP | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Controlled Organization | 0 | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | Yes (1) | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | 0 | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | Yes (1) | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (2 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| AMERICAN SOCIETY OF HEALTH-SYSTEM PHARMACISTS INC | ||
| J | $1,806,971 | CASH |
| AMERICAN SOCIETY OF HEALTH-SYSTEM PHARMACISTS INC | ||
| R | $1,804,987 | CASH |