2024-08-14T08:41:49-05:00 2023-09-30 111986323 MARCUM LLP 1899 L STREET NW 850 WASHINGTON DC 20036 990 2022-10-01 521444968 AMERICAN ASSOCIATION OF PHARMACEUTICAL SCIENTISTS AMER 7032432800 2107 WILSON BOULEVARD 200 ARLINGTON VA 222013042 TINA MORRIS PHD EXECUTIVE DIRECTOR 7032432800 2024-08-07 1 1 AARON M FOX P01365820 2022274000 2024-08-07 2022 2024-08-08 14:25:15Z AAPS TINA MORRIS PHD 2107 WILSON BOULEVARD 200 ARLINGTON VA 222013042 11278466 0 X WWW.AAPS.ORG X 1986 DC TO PROVIDE A FORUM FOR OPEN EXCHANGE AND DISSEMINATION OF SCIENTIFIC KNOWLEDGE. 10 9 36 1700 10166 0 643404 772368 4478990 5877119 455357 111202 968063 694185 6545814 7454874 23182 71322 0 0 3697547 3958524 0 0 0 5479312 6239448 9200041 10269294 -2654227 -2814420 14187280 13905032 6736509 8342866 7450771 5562166 AAPS ADVANCES THE CAPACITY OF PHARMACEUTICAL SCIENTISTS TO DEVELOP PRODUCTS AND THERAPIES THAT IMPROVE GLOBAL HEALTH. 0 0 6078483 71322 2248830 EDUCATIONAL PROGRAMS: AAPS PROVIDES ITS MEMBERS WITH A BROAD AND EVOLVING ARRAY OF EDUCATIONAL PROGRAMS. FOR FISCAL YEAR 2023, APPROXIMATELY 4,100 REGISTRANTS ATTENDED OUR 2022 PHARMSCI 360 EVENT IN BOSTON, MA. AAPS ALSO OFFERS E-LEARNING OPPORTUNITIES THROUGH ITS ONLINE EDUCATION PROGRAM. 1894134 897514 MEMBERSHIP PROGRAMS: AAPS KEEPS MEMBERS UPDATED ON THE LATEST INFORMATION RELATED TO THE PHARMACEUTICAL SCIENCES; PROVIDES OPPORTUNITIES FOR PHARMACEUTICAL SCIENTISTS TO SHARE THEIR SCIENCE; AND BUILDS THE COMMUNITY OF PHARMACEUTICAL SCIENTISTS IN ORDER TO ADVANCE THE DEVELOPMENT OF DRUGS AND THERAPIES THAT IMPROVE GLOBAL HEALTH. IN FISCAL YEAR 2023, THE FOLLOWING PRODUCTS AND SERVICES WERE AVAILABLE TO MEMBERS: THE OPPORTUNITY TO BECOME PART OF A NUMBER OF SCIENTIFIC COMMUNITIES TO COLLABORATE AND SHARE THEIR SCIENCE; THE PHARMSCI 360 CONFERENCE; THE NATIONAL BIOTECHNOLOGY CONFERENCE; AND WORKSHOPS FOCUSED ON SPECIFIC SCIENTIFIC CONTENT. 405314 673671 PUBLICATIONS: AAPS AND ITS PUBLISHER PRODUCE 4 PEER-REVIEWED RESEARCH JOURNALS, PROVIDED TO ALL AAPS MEMBERS AND TO OVER 8,000 ORGANIZATIONS WORLDWIDE. IN 2023, THERE WERE MORE THAN 3.2 MILLION DOWNLOADS OF JOURNAL CONTENT. IN FISCAL YEAR 2023, AAPS AND ITS PUBLISHER ALSO PUBLISHED 10 SCIENTIFIC BOOKS TOTAL IN 2 BOOK SERIES, AVAILABLE ONLINE BY CHAPTER OR FULL BOOK AND IN PRINT. 8377931 1 1 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 1 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 55 0 1 36 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 10 9 0 0 0 0 1 1 1 1 1 0 1 1 1 1 1 1 1 1 1 1 0 KS IL NC X STEPHANIE DEASON CMA CPA 7032484776 2107 WILSON BOULEVARD 200 ARLINGTON VA 222013042 TINA MORRIS PHD EXECUTIVE DIRECTOR 37.50 X X 450968 0 53202 ANNETTE BAK PHD MBA FAAPS IMMEDIATE PAST PRESIDENT 5.00 X X 0 0 0 ANDREW M VICK PHD IMMEDIATE PAST PRESIDENT-UNTIL 10/22 5.00 X X 0 0 0 PATRICK J SINKO PHD RPH PRESIDENT 5.00 X X 0 0 0 GOPI SHANKAR PHD MBA FAAPS PRESIDENT-ELECT 5.00 X X 0 0 0 TAPAN DAS PHD TREASURER 5.00 X X 0 0 0 LAKSHMI AMARAVADI PHD MEMBER-AT-LARGE 5.00 X 0 0 0 FAYE VAZVAEI-SMITH MS MEMBER-AT-LARGE 5.00 X 0 0 0 SHRADDHA THAKKAR PHD MEMBER-AT-LARGE- UNTIL 10/22 5.00 X 0 0 0 CINDY OKSANEN PHD MEMBER-AT-LARGE 5.00 X 0 0 0 NIKOLETTA FOTAKI PHD FAAPS MEMBER-AT-LARGE 5.00 X 0 0 0 PETER SWANN PHD FAAPS MEMBER-AT-LARGE 5.00 X 0 0 0 ERIK BURNS SR DIR CORP ENG. & STRATEGIC BUSINESS 37.50 X 210558 0 20955 JOY DAVIS MANAGING DIRECTOR 37.50 X 184875 0 28093 SHERRY MARTIN-LONG IT DIRECTOR 37.50 X 161796 0 43800 STEPHANIE DEASON CONTROLLER 37.50 X 138602 0 39731 MARIA L BOX MEMBERSHIP & COMMUNITIES DIRECTOR 37.50 X 121067 0 21688 STEPHENIE ZVONKOVICH MEETINGS DIRECTOR 37.50 X 114686 0 19284 LIZ GUFFEY HR DIRECTOR 37.50 X 109272 0 11820 1491824 0 238573 9 0 1 0 FREEMAN PO BOX 734596 DALLAS TX 75373 MEETING EVENT SERVICES 1310439 MARKETING GENERAL INC 625 N WASHINGTON ST SUITE 450 ALEXANDRIA VA 22314 MARKETING SERVICES 893634 INTERSTATE MANAGEMENT COMPANY LLC AAF D 425 SUMMER ST BOSTON MA 02210 MEETING CONVENTION CENTER 268557 CADMIUM CD LLC 19 NEWPORT DR SUITE 101 FOREST HILL MD 21050 REGISTRATION SERVICES 178368 PENNSYLVANIA CONVENTION CENTER 1101 ARCH STREET PHILADELPHIA PA 19107 MEETING CONVENTION CENTER 166509 5 80744 691624 772368 REGISTRATIONS/EXHIBITS 900099 4295768 2248830 2046938 MEMBERSHIP DUES 900099 897514 897514 SPONSORSHIPS 900099 673671 673671 ADVERTISING/WEBSITE 541800 10166 10166 5877119 247854 247854 676221 676221 3686940 3823592 -136652 -136652 -136652 REBATES 900099 15559 15559 MISCELLANEOUS 900099 2405 2405 17964 7454874 3822420 10166 2849920 X 33053 33053 18354 18354 19915 19915 984667 694379 290288 2292138 1321691 970447 171876 87486 84390 289687 158744 130943 220156 125511 94645 14402 11739 2663 35162 10540 24622 39815 39815 1133631 1031605 102026 185253 184799 454 236908 220964 15944 510763 476819 33944 292721 238610 54111 261338 253520 7818 3143302 3137675 5627 127337 103800 23537 71530 64389 7141 TAXES & LICENSING 131524 131242 282 STAFF TRAINING & HIRING 33472 32468 1004 MISCELLANEOUS 15876 15400 476 DUES & SUBSCRIPTIONS 6414 5228 1186 10269294 8377931 1891363 0 1646552 513259 1273108 2532274 301606 309430 260678 731418 1040088 2139309 1337224 811739 802085 8812239 6736825 2410 298778 2019823 14187280 13905032 524224 412105 5286537 5381312 925748 2549449 6736509 8342866 X 7186737 5299599 264034 262567 7450771 5562166 14187280 13905032 -2814420 925815 0 X 0 1 X 1 0 X 934826 907817 1721427 643404 772368 4979842 7319019 5851608 2876253 4492648 3820015 24359543 2046938 2046938 8253845 6759425 4597680 5136052 6639321 31386323 20000 20000 26689 26689 20000 26689 46689 31339634 1451302 1043827 920935 1116935 924075 5457074 103 103 1451302 1043827 920935 1117038 924075 5457177 23125 23125 61622 9464 8883 2405 82374 9789894 7812716 5518615 6261973 7565801 36948999 0.84820 0.83580 0.14770 0.15820 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 616714 551109 610002 1777825 2666738 154179 137777 152501 444457 666686 0 189382 2000 20310 14160 197532 255647 4776 -68992 2049 189382 226719 41207 11825 454 255647 196046 20000 10673 226719 196046 9685 9685 196046 0.00000 1.00000 0.00000 1 0 868541 309254 559287 174674 151539 23135 1096094 876431 219663 802085 DEPOSITS 327040 RIGHT OF USE OF ASSETS 1692783 2019823 DEFERRED COMPENSATION LIABILITY 13339 LEASE LIABILITY 2536110 2549449 X 8340874 925815 925815 7415059 39815 39815 7454874 10229479 0 10229479 39815 39815 10269294 PART V, LINE 4: AWARDS AND TRAVELSHIPS TO CONFERENCES PART X, LINE 2: THE ASSOCIATION PERFORMED AN EVALUATION OF UNCERTAINTY IN INCOME TAXES FOR THE YEARS ENDED SEPTEMBER 30, 2023 AND 2022, AND DETERMINED THAT THERE ARE NO MATTERS THAT WOULD REQUIRE RECOGNITION IN THE FINANCIAL STATEMENTS OR THAT MAY HAVE ANY EFFECT ON ITS TAX-EXEMPT STATUS. 1 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 0 GRANTMAKING STUDENT CHAPTER AWARDS AND DALE WURTSTER AWARD 13310 NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES 0 0 GRANTMAKING STUDENT CHAPTER AWARD 3700 SOUTH ASIA - AFGHANISTAN, BANGLADESH, BHUTAN, INDIA, MALDIVES, NEPAL, 0 0 GRANTMAKING STUDENT CHAPTER AWARD 2000 EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, 0 0 GRANTMAKING OUTSTANDING MANUSCRIPT AWARD 905 0 0 0 0 0 0 19915 0 19915 0 0 0 0 0 0 PART I, LINE 2: STIPENDS FOR THE STUDENT CHAPTERS BASED ON THEIR RENEWAL DOCUMENTS: THE ORGANIZATION REQUIRES A BANK STATEMENT AND/OR EXCEL FILE OF PURCHASES. PART I, LINE 3: AAPS REPORTED THE EXPENDITURES BASED ON THE ACCOUNTING METHOD USED IN ITS AUDITED FINANCIAL STATEMENTS WHICH IS ON ACCRUAL BASIS. PART III ACCOUNTING METHOD: 1 TRAVELSHIPS 28 18354 PART I, LINE 2: STIPENDS FOR THE STUDENT CHAPTERS BASED ON THEIR RENEWAL DOCUMENTS: WE REQUIRE A BANK STATEMENT AND/OR EXCEL FILE OF PURCHASES. STUDENT-INITIATED PROGRAMMING GRANTS: THE DISTRIBUTED MONIES ARE BASED ON THE BUDGETS PROVIDED BY THE GROUPS. WE DO NOT FUND ANY FOOD FUNCTIONS (THIS IS CLEARLY LISTED ON THE SUBMISSION FORM). THE ORGANIZATION ALSO PROVIDES ONLY SEED MONIES. WE ASK FOR A SYNOPSIS OF THE EVENT AND PHOTOS FOR INCLUSION IN THE AAPS PUBLICATIONS. X X X X X 0 0 0 0 0 0 0 1 0 TINA MORRIS PHD EXECUTIVE DIRECTOR 421089 0 20000 0 9879 0 37329 0 15873 0 504170 0 0 0 ERIK BURNS SR DIR CORP ENG. & STRATEGIC BUSINESS 205558 0 5000 0 0 0 18945 0 2010 0 231513 0 0 0 JOY DAVIS MANAGING DIRECTOR 179875 0 5000 0 0 0 16266 0 11827 0 212968 0 0 0 SHERRY MARTIN-LONG IT DIRECTOR 158796 0 3000 0 0 0 15163 0 28637 0 205596 0 0 0 STEPHANIE DEASON CONTROLLER 136602 0 2000 0 0 0 13587 0 26144 0 178333 0 0 0 PART I, LINE 7 TINA MORRIS, ERIK BURNS, JOY DAVIS, SHERRY MARTIN, AND STEPHANIE DEASON RECEIVED NON-FIXED DISCRETIONARY BONUSES IN THE CALENDAR YEAR 2022. FORM 990, PART VI, SECTION A, LINE 6 THERE ARE THREE CLASSES OF MEMBERSHIP. MEMBERS: AN INDIVIDUAL WHO SUPPORTS THE OBJECTIVES OF THE ASSOCIATION AND IS WILLING TO CONTRIBUTE TO THE ACHIEVEMENT OF THOSE OBJECTIVES. FELLOWS: A MEMBER DEEMED TO HAVE MADE A MERITORIOUS CONTRIBUTION TO THE ADVANCEMENT OF SCIENCE AND ELECTED BY THE EXECUTIVE COUNCIL. HONORARY MEMBERS: AN INDIVIDUAL GRANTED SUCH STATUS BY THE EXECUTIVE COUNCIL. THEY HAVE NO VOTING RIGHTS AND MAY NOT HOLD OFFICE. FORM 990, PART VI, SECTION A, LINE 7A THE PRESIDENT-ELECT, TREASURER, AND THE AT-LARGE MEMBERS OF THE BOARD OF DIRECTORS SHALL BE ELECTED BY THE ENTIRE VOTING MEMBERSHIP. A COMMITTEE ON NOMINATIONS IS SELECTED FROM AMONG MEMBERS TO NOMINATE AT LEAST TWO CANDIDATES FOR PRESIDENT-ELECT, TREASURER, AND FOR EACH AT-LARGE MEMBER OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7B EACH PROPOSED AMENDMENT OF THE BYLAWS, WITH THE ADVICE OF COUNSEL AND THE APPROVAL OF THE EXECUTIVE COUNCIL, SHALL BE SUBMITTED BY BALLOT TO ALL ASSOCIATION MEMBERS ENTITLED TO VOTE. A PROPOSED AMENDMENT OF THE BYLAWS SHALL BECOME EFFECTIVE UPON RECEIVING TWO-THIRDS MAJORITY OF VOTES CAST. FORM 990, PART VI, SECTION B, LINE 11B A DRAFT OF THE FORM 990 IS REVIEWED BY THE AAPS ACCOUNTING MANAGER, CONTROLLER, AND EXECUTIVE DIRECTOR, WHO SIGNS THE RETURN. THE DRAFT COPY IS PROVIDED TO THE AAPS AUDIT COMMITTEE AND THE AAPS BOARD OF DIRECTORS FOR REVIEW. SUBSEQUENT TO ALL OF THESE ACTIONS, THE FORM 990 IS FILED. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT-OF-INTEREST DECLARATION IS READ, SIGNED, AND REVIEWED BY ALL MEMBERS OF THE GOVERNING BODY AND KEY EMPLOYEES. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION REVIEW AND ALL COMPENSATION CHANGES FOR THE EXECUTIVE DIRECTOR ARE MADE BY THE COMPENSATION COMMITTEE, WHICH IS MADE UP OF OFFICERS OF THE BOARD OF DIRECTORS. THE REVIEW OF THE EXECUTIVE DIRECTOR IS COMPLETED ANNUALLY. BENCHMARK DATA FROM COMPARABLE ORGANIZATIONS IS MADE AVAILABLE TO THE COMPENSATION COMMITTEE DURING THE REVIEW. ALL OTHER EMPLOYEE COMPENSATION DECISIONS ARE MADE BY THE EXECUTIVE DIRECTOR BASED ON BENCHMARK DATA FROM ASAE AND OTHER COMPARABLE ORGANIZATIONS. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST. THE FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST FOR THE SAME PERIOD OF DISCLOSURE AS SET FORTH IN IRS SECTION 6104(D). FORM 990, PART IX, LINE 11G PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 880,627. MANAGEMENT AND GENERAL EXPENSES 87,095. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 967,722. PAYROLL PROCESSING: PROGRAM SERVICE EXPENSES 11,334. MANAGEMENT AND GENERAL EXPENSES 1,121. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 12,455. OUTSOURCED FEES: PROGRAM SERVICE EXPENSES 52,956. MANAGEMENT AND GENERAL EXPENSES 5,237. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 58,193. OTHER CONTRACTORS: PROGRAM SERVICE EXPENSES 86,688. MANAGEMENT AND GENERAL EXPENSES 8,573. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 95,261.