ASSOCIATION FOR ACCESSIBLE MEDICINES: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
ASSOCIATION FOR ACCESSIBLE MEDICINES (EIN 52-2252820)
Tax period
2023-01-01 to 2023-12-31
Filed
2024-11-11
IRS object ID
202413169349301931
Schema version
2023v5.1
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

FieldValueIRS element (for citing)
Return2024-11-11T10:13:55-06:00ReturnTs
Tax Period End2023-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN521711839PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1COUNCILOR BUCHANAN & MITCHELL PCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line17910 WOODMONT AVE STE 500AddressLine1Txt
CityBETHESDACityNm
State AbbreviationMDStateAbbreviationCd
ZIP20814ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2023-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN522252820EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1ASSOCIATION FOR ACCESSIBLE MEDICINESBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlASSOBusinessNameControlTxt
Phone2022497100PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1601 NEW JERSEY AVENUE NW 850AddressLine1Txt
CityWASHINGTONCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20001ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonDAVID GAUGHPersonNm
Person TitleINTERIM PRESIDENT & CEOPersonTitleTxt
Phone2022497100PhoneNum
Signature2024-11-08SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info Curr0IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMARK C THOMASPreparerPersonNm
PTINP00362982PTIN
Phone3019860600PhoneNum
Preparation2024-11-08PreparationDt
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2024-10-15 13:58:12ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerJOHN A MURPHY IIIPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1601 NEW JERSEY AVENUE NW 850AddressLine1Txt
CityWASHINGTONCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20001ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$22,235,390GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501cYes (X)Organization501cInd
Website AddressWWW.ACCESSIBLEMEDS.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2000FormationYr
Legal Domicile StateDCLegalDomicileStateCd
Activity Or MissionPROMOTE THE INTEREST OF THE GENERIC PHARMACEUTICAL AND BIOSIMILAR INDUSTRY.ActivityOrMissionDesc
Voting Members Governing Body21VotingMembersGoverningBodyCnt
Voting Members Independent21VotingMembersIndependentCnt
Total Employee32TotalEmployeeCnt
Total Volunteers330TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$0PYContributionsGrantsAmt
CY Contributions Grants$0CYContributionsGrantsAmt
PY Program Service Revenue$22,237,409PYProgramServiceRevenueAmt
CY Program Service Revenue$21,263,207CYProgramServiceRevenueAmt
PY Investment Income$18,658PYInvestmentIncomeAmt
CY Investment Income$578,548CYInvestmentIncomeAmt
PY Other Revenue$405,939PYOtherRevenueAmt
CY Other Revenue$393,635CYOtherRevenueAmt
PY Total Revenue$22,662,006PYTotalRevenueAmt
CY Total Revenue$22,235,390CYTotalRevenueAmt
PY Grants And Similar Paid$275,700PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$319,150CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$10,900,171PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$6,900,923CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$13,675,570PYOtherExpensesAmt
CY Other Expenses$10,728,780CYOtherExpensesAmt
PY Total Expenses$24,851,441PYTotalExpensesAmt
CY Total Expenses$17,948,853CYTotalExpensesAmt
PY Revenues Less Expenses-$2,189,435PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$4,286,537CYRevenuesLessExpensesAmt
Total Assets BOY$27,489,220TotalAssetsBOYAmt
Total Assets EOY$23,610,075TotalAssetsEOYAmt
Total Liabilities BOY$20,279,874TotalLiabilitiesBOYAmt
Total Liabilities EOY$12,114,192TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$7,209,346NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$11,495,883NetAssetsOrFundBalancesEOYAmt
MissionTHE ORGANIZATION FOSTERS AND PROMOTES THE INTERESTS OF THE GENERIC PHARMACEUTICAL AND BIOSIMILARS INDUSTRY.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
DescGOVERNMENT AFFAIRS - ADVOCATE ON BEHALF OF THE GENERIC PHARMACEUTICAL AND BIOSIMILARS INDUSTRY WITH RESPECT TO FEDERAL, STATE, AND MUNICIPAL RULES, LAWS, AND ORDERS AFFECTING THE INDUSTRY.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
DescPOLICY & STRATEGIC ALLIANCES - IDENTIFY POLICY ISSUES AFFECTING THE GENERIC PHARMACEUTICAL AND BIOSIMILARS INDUSTRIES AND FACILITATE DEVELOPMENT OF POLICY POSITIONS AMONG OUR MEMBER COMPANIES; WORK WITH THE AGENCIES OF THE U.S. GOVERNMENT, AND STATE AND INTERNATIONAL BODIES TO EDUCATE AND COMMUNICATE POLICY POSITIONS ON STRATEGIC PRIORITIES; DEVELOP DATA TO SUPPORT ADVOCACY INITIATIVES AND PUBLISH WHITE PAPERS, REPORTS AND OTHER POLICY RESOURCES; BUILD RELATIONSHIPS WITH THIRD-PARTY STAKEHOLDERS ACROSS SUPPLY CHAIN, PATIENT, PROVIDER, CONSUMER, AND OTHER SECTORS TO SUPPORT ADVOCACY INITIATIVES.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
DescCOMMUNICATIONS & MARKETING - EDUCATING POLICYMAKERS, MEDIA, PATIENTS AND OTHER STAKEHOLDERS ABOUT THE ECONOMIC AND THERAPEUTIC CONTRIBUTIONS OF GENERIC AND BIOSIMILARS MEDICINES AS WELL AS THEIR SAFETY AND EFFICACY; PRODUCING AND SHARING PATIENT AND TAXPAYER SAVINGS DATA AND STORIES OF PATIENTS WHOSE HEALTH IS SAVED, IMPROVED AND MAINTAINED BY GENERIC AND BIOSIMILARS MEDICINES; DISSEMINATING INSTRUCTIONAL MATERIALS AND CURRICULUM TO PROMOTE THE SAFE USE, STORAGE AND DISPOSAL OF PRESCRIPTION MEDICINES.Desc
FieldValueIRS element (for citing)
Described In Section501c30DescribedInSection501c3Ind
Schedule B Required0ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Subject To Proxy TaxYes (1)SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other AssetsYes (1)ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl EntYes (1)RelatedOrganizationCtrlEntInd
Transaction With Control Ent0TransactionWithControlEntInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document59IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee32EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members21GoverningBodyVotingMembersCnt
Independent Voting Member21IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or StockholdersYes (1)MembersOrStockholdersInd
Election Of Board MembersYes (1)ElectionOfBoardMembersInd
Decisions Subject To ApprovaYes (1)DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE ASSOCIATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone2022497100PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1601 NEW JERSEY AVE NW SUITE 850AddressLine1Txt
CityWASHINGTONCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20001ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (36 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerIndHighest Compensated EmployeeHighestCompensatedEmployeeIndFormer Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd
CHRYS KOKINO
BOARD MEMBER2.00Yes (X)$0$0$0
JEFF BURD
TREASURER2.00Yes (X)$0$0$0Yes (X)
GRETCHEN FRITZ
BOARD MEMBER2.00Yes (X)$0$0$0
MARYLL TOUFANIAN
BOARD MEMBER2.00Yes (X)$0$0$0
DAN DISHNER
BOARD MEMBER2.00Yes (X)$0$0$0
CHRISTINE BAEDER
CHAIR 2/2023-12/20232.00Yes (X)$0$0$0Yes (X)
PAUL MCMAHON
BOARD MEMBER2.00Yes (X)$0$0$0
ROB ALBERT
BOARD MEMBER2.00Yes (X)$0$0$0
ARUNESH VERMA
BOARD MEMBER2.00Yes (X)$0$0$0
JOHN DUCKER
BOARD MEMBER2.00Yes (X)$0$0$0
SANJEEV KRISHAN
BOARD MEMBER2.00Yes (X)$0$0$0
BRIAN HOFFMAN
BOARD MEMBER2.00Yes (X)$0$0$0
TOM SHEA
BOARD MEMBER2.00Yes (X)$0$0$0
BRANDON ROCKWELL
BOARD MEMBER2.00Yes (X)$0$0$0
KEREN HARUVI
CHAIR BEGINNING 12/20232.00Yes (X)$0$0$0Yes (X)
ABHAY GANDHI
BOARD MEMBER2.00Yes (X)$0$0$0
PATRICK MCINTOSH
BOARD MEMBER2.00Yes (X)$0$0$0
SANJAY GUPTA
BOARD MEMBER2.00Yes (X)$0$0$0
CRYSTAL FISHER
BOARD MEMBER2.00Yes (X)$0$0$0
KEVIN FORTIER
BOARD MEMBER2.00Yes (X)$0$0$0
BOB HOFFMAN
BOARD MEMBER2.00Yes (X)$0$0$0
JEFF HAMPTON
BOARD MEMBER2.00Yes (X)$0$0$0
PAUL DIOLOSA
BOARD MEMBER2.00Yes (X)$0$0$0
PETER HARDWICK
BOARD MEMBER2.00Yes (X)$0$0$0
VANESSA BRILL
BOARD MEMBER2.00Yes (X)$0$0$0
PETER KAEMMERER
BOARD MEMBER2.00Yes (X)$0$0$0
CHIRAG PATEL
BOARD MEMBER2.00Yes (X)$0$0$0
DAVID GAUGH
INTERIM PRESIDENT & CEO40.00$750,530$0$49,546Yes (X)
KARIN HESSLER
GENERAL COUNSEL AND SECRETARY40.00$442,521$0$36,514Yes (X)
CRAIG BURTON
SVP POLICY & STRATEGIC ALL40.00$441,340$0$52,881Yes (X)
GIUSEPPE RANDAZZO
SVP, SCIENCE AND REGULATORY AFFAIRS40.00$420,617$0$16,012Yes (X)
KATHERINE RAAB
VP FEDERAL GOVERNMENT AFFAIRS40.00$342,323$0$41,846Yes (X)
JOANNE DUNCAN
FORMER COO0.00$114,750$0$0Yes (X)
DAN LEONARD
FORMER PRESIDENT & CEO0.00$413,527$0$0Yes (X)
ALLEN GOLDBERG
SVP, COMMUNICATIONS40.00$301,083$0$15,028Yes (X)
ERIK KOMENDANT
SVP GOVERNMENT AFFAIRS40.00$260,869$0$11,724Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$3,487,560TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$223,551TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K20IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedYes (1)FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
GOODWIN PROCTER
100 NORTHERN AVEBOSTONMA02210LEGAL$838,385
IQVIA INC
100 IMS DRPARSIPPANYNJ07054RESEARCH STUDIES$696,539
CORE STAGING INC
1137 E MARION ST STE 228SHELBYNC28150MEETING A/V, STAGING & PRODUCTION$543,091
KIRKLAND & ELLIS
601 LEXINGTON AVENEW YORKNY10022LEGAL$379,201
AVALERE HEALTH
1201 NEW YORK AVE NW STE 1000WASHINGTONDC20005CONSULTING & DATA ANALYTICS$277,000
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K23CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
MEMBERSHIP DUES900099$19,164,854$19,164,854
MEETING REVENUE900099$1,588,353$1,588,353
BIOSIMILAR COUNCIL DUES900099$510,000$510,000
FieldValueIRS element (for citing)
Total Program Service Revenue$21,263,207TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$578,548TotalRevenueColumnAmt
Exclusion$578,548ExclusionAmt

Gross Rents GrossRentsGrp

FieldValueIRS element (for citing)
Real$390,635RealAmt

Less Rental Expenses LessRentalExpensesGrp

FieldValueIRS element (for citing)
Real$0RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$390,635RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$390,635TotalRevenueColumnAmt
Exclusion$390,635ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescMISCELLANEOUSDesc
Business900099BusinessCd
Total Revenue Column$3,000TotalRevenueColumnAmt
Related Or Exempt Func Income$3,000RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Other Revenue Total$3,000OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$22,235,390TotalRevenueColumnAmt
Related Or Exempt Func Income$21,266,207RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$969,183ExclusionAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$319,150TotalAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$1,279,111TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$4,691,380TotalAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$224,350TotalAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$372,335TotalAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$333,747TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$1,013,006TotalAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$150,316TotalAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

FieldValueIRS element (for citing)
Total$1,961,379TotalAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$2,894,738TotalAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$168,631TotalAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$189,101TotalAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$258,701TotalAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$1,266,233TotalAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$150,580TotalAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$1,136,050TotalAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$279,061TotalAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$70,966TotalAmt

Other Expenses OtherExpensesGrp (3 entries)

DescDescTotalTotalAmt
RESEARCH PROJECT$590,506
DUES & SUBSCRIPTIONS$512,399
MAINTENANCE & TAXES$87,113

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$17,948,853TotalAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$9,388,789BOYAmt
EOY$0EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$6,890,189BOYAmt
EOY$17,046,731EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$119,978BOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$478,899BOYAmt
EOY$462,864EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$2,731,874LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$1,890,063LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$1,122,516BOYAmt
EOY$841,811EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$413,257BOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$3,247,147BOYAmt
EOY$579,013EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$5,828,445BOYAmt
EOY$4,679,656EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$27,489,220BOYAmt
EOY$23,610,075EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$1,121,082BOYAmt
EOY$754,378EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$10,696,433BOYAmt
EOY$4,830,945EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$8,462,359BOYAmt
EOY$6,528,869EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$20,279,874BOYAmt
EOY$12,114,192EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$7,209,346BOYAmt
EOY$11,495,883EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$7,209,346BOYAmt
EOY$11,495,883EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$27,489,220BOYAmt
EOY$23,610,075EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$4,286,537ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule C IRS990ScheduleC

FieldValueIRS element (for citing)
Substantially All Dues Nonded0SubstantiallyAllDuesNondedInd
Only In House Lobbying0OnlyInHouseLobbyingInd
Agree Carryover Prior Year0AgreeCarryoverPriorYearInd
Dues Assessments$19,674,854DuesAssessmentsAmt
Non Deductible Lbbyng Pltcl CY$4,310,341NonDeductibleLbbyngPltclCYAmt
Non Ded Lbbyng Pltcl Cyov-$14,075,590NonDedLbbyngPltclCyovAmt
Non Deductible Lbbyng Pltcl Tot-$9,765,249NonDeductibleLbbyngPltclTotAmt
Aggregate Reported Dues Ntc$6,886,199AggregateReportedDuesNtcAmt
Taxable-$16,651,448TaxableAmt

Schedule D IRS990ScheduleD

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$1,752,500OtherCostOrOtherBasisAmt
Depreciation$1,003,783DepreciationAmt
Book Value$748,717BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$866,098OtherCostOrOtherBasisAmt
Depreciation$773,004DepreciationAmt
Book Value$93,094BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$113,276OtherCostOrOtherBasisAmt
Depreciation$113,276DepreciationAmt
Book Value$0BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$841,811TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp (2 entries)

DescDescBook ValueBookValueAmt
DEPOSITS$34,274
OPERATING RIGHT-OF-USE ASSETS$4,645,382
FieldValueIRS element (for citing)
Total Book Value Other Assets$4,679,656TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescOPERATING LEASE LIABILITIESDesc
Amt$6,528,869Amt
FieldValueIRS element (for citing)
Total Liability$6,528,869TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$22,235,390TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported$0RevenueNotReportedAmt
Revenue Subtotal$22,235,390RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$22,235,390TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$17,948,853TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$17,948,853ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$17,948,853TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2:FormAndLineReferenceDesc
ExplanationTHE ASSOCIATION REQUIRES THAT A TAX POSITION BE RECOGNIZED OR DERECOGNIZED BASED ON A "MORE-LIKELY-THAN-NOT" THRESHOLD. THIS APPLIES TO POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE ASSOCIATION DOES NOT BELIEVE ITS FINANCIAL STATEMENTS INCLUDE, OR REFLECT, ANY UNCERTAIN TAX POSITIONS. THE ASSOCIATION'S TAX RETURNS ARE SUBJECT TO EXAMINATION BY THE TAXING AUTHORITIES GENERALLY FOR THREE YEARS AFTER FILING.ExplanationTxt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records Maintained0GrantRecordsMaintainedInd

Recipient Table RecipientTable (8 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdRecipient EINRecipientEINIRC SectionIRCSectionDescCash GrantCashGrantAmtNon Cash AssistanceNonCashAssistanceAmtPurpose Of GrantPurposeOfGrantTxt
AMERICAN PHARMACISTS ASSOCIATION
2215 CONSTITUTION AVE NWWASHINGTONDC20037530026265501(C)(6)$121,650$0GENERAL CONTRIBUTION
INFORMATION TECHNOLOGY AND INNOVATION FOUNDATION
700 K ST NW STE 600WASHINGTONDC20001204403497501(C)(3)$10,500$0GENERAL CONTRIBUTION
CENTER OF THE AMERICAN EXPERIMENT
8421 WAYZATA BLVD STE 110GOLDEN VALLEYMN55426363611426501(C)(3)$10,000$0GENERAL CONTRIBUTION
NATIONAL MULTIPLE SCLEROSIS SOCIETY
900 SOUTH BROADWAY 2ND FLDENVERCO80209135661935501(C)(3)$10,000$0GENERAL CONTRIBUTION
R STREET INSTITUTE
1212 NEW YORK AVE NW STE 900WASHINGTONDC20005263477125501(C)(3)$10,000$0GENERAL CONTRIBUTION
ALLIANCE FOR RETIRED AMERICANS
815 16TH ST NW 4TH FLOOR NWASHINGTONDC20006522277805501(C)(3)$8,000$0GENERAL CONTRIBUTION
NATIONAL CONSUMERS LEAGUE
1701 K ST NW STE 1200WASHINGTONDC20006530242038501(C)(3)$7,500$0GENERAL CONTRIBUTION
THE HEARTLAND INSTITUTE
3939 N WILKE RDARLINGTON HEIGHTSIL60004363309812501(C)(3)$6,000$0GENERAL CONTRIBUTION
FieldValueIRS element (for citing)
Total501c3 Org7Total501c3OrgCnt
Total Other Org1TotalOtherOrgCnt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
First Class Or Charter TravelYes (X)FirstClassOrCharterTravelInd
Travel For CompanionsYes (X)TravelForCompanionsInd
Club Dues Or FeesYes (X)ClubDuesOrFeesInd
Written Policy Ref T And E ExpnssYes (1)WrittenPolicyRefTAndEExpnssInd
Substantiation RequiredYes (1)SubstantiationRequiredInd
Compensation CommitteeYes (X)CompensationCommitteeInd
Independent ConsultantYes (X)IndependentConsultantInd
Form990 Of Other OrganizationsYes (X)Form990OfOtherOrganizationsInd
Written Employment ContractYes (X)WrittenEmploymentContractInd
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance PaymentYes (1)SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (9 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
DAVID GAUGH
INTERIM PRESIDENT & CEO$468,637$0$281,893$0$0$0$26,400$0$23,146$0$800,076$0$0$0
CRAIG BURTON
SVP POLICY & STRATEGIC ALL$318,383$0$122,957$0$0$0$22,500$0$30,381$0$494,221$0$0$0
KARIN HESSLER
GENERAL COUNSEL AND SECRETARY$320,174$0$122,347$0$0$0$22,500$0$14,014$0$479,035$0$0$0
GIUSEPPE RANDAZZO
SVP, SCIENCE AND REGULATORY AFFAIRS$297,027$0$123,590$0$0$0$12,348$0$3,664$0$436,629$0$0$0
DAN LEONARD
FORMER PRESIDENT & CEO$0$0$0$0$413,527$0$0$0$0$0$413,527$0$413,527$0
KATHERINE RAAB
VP FEDERAL GOVERNMENT AFFAIRS$262,397$0$79,926$0$0$0$21,314$0$20,532$0$384,169$0$0$0
ALLEN GOLDBERG
SVP, COMMUNICATIONS$87,950$0$0$0$213,133$0$7,111$0$7,917$0$316,111$0$0$0
ERIK KOMENDANT
SVP GOVERNMENT AFFAIRS$87,520$0$0$0$173,349$0$7,041$0$4,683$0$272,593$0$0$0
JOANNE DUNCAN
FORMER COO$0$0$0$0$114,750$0$0$0$0$0$114,750$0$0$0

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 4AFormAndLineReferenceDesc
ExplanationDURING THE YEAR ENDED DECEMBER 31, 2023, DAN LEONARD RECEIVED A 457(F) SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLAN DISTRIBUTION OF $413,527 THAT WAS INCLUDED IN REPORTABLE WAGES. DURING THE YEAR ENDED DECEMBER 31, 2023, ALLEN GOLDBERG RECEIVED SEVERANCE PAYMENTS OF $213,133. DURING THE YEAR ENDED DECEMBER 31, 2023, ERIK KOMENDANT RECEIVED SEVERANCE PAYMENTS OF $173,349. DURING THE YEAR ENDED DECEMBER 31, 2023, JOANNE DUNCAN RECEIVED SEVERANCE PAYMENTS OF $114,750.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (10 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 6AAM HAS ONE CLASS OF REGULAR VOTING MEMBERS THAT MUST MEET THE FOLLOWING CRITERIA. A REGULAR MEMBER SHALL BE A CORPORATION, PARTNERSHIP OR OTHER LEGAL ENTITY THAT DERIVES MORE THAN TWENTY-FIVE PERCENT (25%) OF ITS NET REVENUES IN THE UNITED STATES FROM THE DEVELOPMENT, COMMERCIALIZATION, MANUFACTURE, SALE AND/OR MARKETINGS OF FINISHED DOSE PRODUCTS THAT ARE (1) PRODUCTS DESCRIBED IN ABBREVIATED NEW DRUG APPLICATIONS FILED WITH THE U.S. FOOD & DRUG ADMINISTRATION; (2) PRODUCTS SOLD AS AUTHORIZED GENERIC DRUGS IN THE U.S., (3) BIOSIMILAR PRODUCTS, AS DESCRIBED IN SECTION 351(K) OF THE PUBLIC HEALTH SERVICE ACT, AS AMENDED; AND/OR (4) DRUG EFFICACY STUDY IMPLEMENTATION (DESI) PRODUCTS. REGULAR MEMBERS HAVE FULL VOTING RIGHTS ON A "ONE COMPANY, ONE VOTE" BASIS. EACH REGULAR MEMBER SHALL DESIGNATE IN WRITING ONE PERSON TO EXERCISE THE RIGHTS OF THE REGULAR MEMBER IN THIS ASSOCIATION.
FORM 990, PART VI, SECTION A, LINE 7AAAM'S VOTING MEMBERS ELECT THE DIRECTORS OF AAM'S BOARD OF DIRECTORS.
FORM 990, PART VI, SECTION A, LINE 7BPURSUANT TO AAM'S BYLAWS, AAM'S BOARD OF DIRECTORS HAVE THE AUTHORITY TO AMEND THE BYLAWS. FURTHER, PURSUANT TO THE D.C. NOT-FOR-PROFIT CORPORATION ACT, EXTRAORDINARY ACTIONS MUST BE APPROVED BY THE VOTING MEMBERS.
FORM 990, PART VI, SECTION B, LINE 11BAAM STAFF AND LEGAL COUNSEL PROVIDED INITIAL REVIEW OF THE FORM 990. THE FORM 990 WAS THEN REVIEWED BY THE AUDIT AND FINANCE COMMITTEE. FINALLY, IT WAS FORWARDED TO ALL THE DIRECTORS OF THE BOARD BEFORE FILING.
FORM 990, PART VI, SECTION B, LINE 12CAAM REGULARLY AND CONSISTENTLY MONITORS COMPLIANCE WITH ITS CONFLICT OF INTEREST POLICY BY REMINDING DIRECTORS AND OTHERS SUBJECT TO THE POLICY PERIODICALLY OF THE APPLICABILITY OF THE POLICY AND THE APPROPRIATE MANNER OF COMPLYING WITH THE POLICY.
FORM 990, PART VI, SECTION B, LINE 15THE COMPENSATION OF THE PRESIDENT IS DETERMINED BASED ON THE PERFORMANCE OF THE PRESIDENT AND COMPARABLE SALARIES OF EXECUTIVES OF SIMILARLY SITUATED AND COMPETING TRADE ASSOCIATIONS IN THE WASHINGTON, DC METROPOLITAN AREA. COMPENSATION OF OTHER OFFICERS AND KEY EMPLOYEES IS DETERMINED BY THE PRESIDENT BASED ON COMPENSATION DATA OF SIMILARLY SITUATED EMPLOYEES AT SIMILARLY SITUATED AND COMPETING TRADE ASSOCIATIONS IN THE WASHINGTON, DC METROPOLITAN AREA.
FORM 990, PART VI, SECTION C, LINE 19THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
FORM 990, PART IX, LINE 11GCONSULTANTS 1,832,962. LITIGATION FEES 1,047,728. OTHER PROFESSIONAL FEES 14,048.
FORM 990, PART XII, LINE 2C:THE FINANCE AND AUDIT COMMITTEE OF THE BOARD OVERSEES THE AUDIT.
FORM 990, PART IV, LINE 34THE RELATED ASSOCIATION FOR ACCESSIBLE MEDICINES EDUCATION FOUNDATION CEASED OPERATIONS DURING 2023 AND FILED A FINAL 990N RETURN IN 2023.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1ASSOCIATION FOR ACCESSIBLE MEDICINES EDUCATION FOUNDATIONBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1601 NEW JERSEY AVE NW STE 850AddressLine1Txt
CityWASHINGTONCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20001ZIPCd
FieldValueIRS element (for citing)
EIN453526383EIN
Primary ActivitiesEDUCATIONAL FOUNDATIONPrimaryActivitiesTxt
Legal Domicile StateDCLegalDomicileStateCd
Exempt Code Section501(C)(3)ExemptCodeSectionTxt
Public Charity StatusLINE 7PublicCharityStatusTxt

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1ASSOCIATION FOR ACCESSIBLE MEDICINESBusinessNameLine1Txt
FieldValueIRS element (for citing)
Controlled OrganizationYes (1)ControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org0GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of Facilities0SharingOfFacilitiesInd
Paid Employees Sharing0PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCH R, PART IIFormAndLineReferenceDesc
ExplanationTHE RELATED ASSOCIATION FOR ACCESSIBLE MEDICINES EDUCATION FOUNDATION CEASED OPERATIONS DURING 2023 AND FILED A FINAL 990N RETURN IN 2023.ExplanationTxt

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