2023-11-08T07:00:02-08:00 2022-12-31 990 2022-01-01 135582579 National Assn of Chain Drug Stores Inc NATI 7035493001 1776 Wilson Blvd 200 Arlington VA 22209 David M Fitzsimmons SVP, Finance & Admin 7035493001 2023-11-08 David Fitzsimmons XXX-XX-XXXX true 2 AAL1 IAL1 FAL1 2022 2023-04-26 12:10:37Z Steven C AndersonFASAECAEIOM 40499380 false X www.nacds.org X 1933 VA 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. 21 21 58 50 28495 24746 10000 12507985 36889133 5444552 2832348 59157 767899 18011694 40499380 35300 40015 0 17366823 15937033 0 0 9402322 18825951 26804445 34802999 -8792751 5696381 98528710 97504027 27694033 33413842 70834677 64090185 X 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. false false 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. CONFERENCES AND TRADE SHOWS - 4,000+ 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. 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. false false true true false false false false false true false false true true true false true false false false false false false false false false true false true false false false false false false false false false false false true true true false true 69 0 true 58 true true true false false false true true false true false X 21 21 true false false false true true false true true false false true true true true true true true true true true X David M Fitzsimmons 7035493001 1776 Wilson Blvd STE 200 Arlington VA 222092516 Steven C AndersonFASAECAE President & CEO 39.00 1.00 X X 2240616 0 46956 James A Whitman SVP Member Programs/Services 40.00 0.00 1162101 0 62238 Christopher P Krese SVP Congressional Relations & Com's 40.00 0.00 736551 0 69288 David M Fitzsimmons SVP Finance 38.00 2.00 X 503798 0 69187 Christie Boutte SVP Reimb, Advocacy & Innovation 40.00 0.00 493855 0 56621 Sara Roszak SVP Health & Wellness Strategy 25.00 15.00 456984 0 71067 Michael Ayotte SVP Pharmacy Transform & Advocacy 40.00 0.00 464318 0 63691 Mary Ellen Kleiman VP Legal Affairs 40.00 0.00 437277 0 34900 Terrance Arth VP Member Programs 40.00 0.00 385059 0 66527 Kevin Nicholson VP Regulatory Aff 40.00 0.00 366548 0 46690 Sandra Kay Guckian VP State Govt 40.00 0.00 318461 0 45341 William Tighe VP Federal Affairs 40.00 0.00 300619 0 62795 Brian Nightengale Chair 5.00 0.00 X X 0 0 0 Andre Persaud Vice Chair 5.00 0.00 X X 0 0 0 Mike Wysong Treasurer 1.00 0.00 X X 0 0 0 Brad Cochran Director 1.00 0.00 X 0 0 0 Randy Edeker Director 1.00 0.00 X 0 0 0 Lynne Fruth Director 1.00 0.00 X 0 0 0 Omer Gajial Director 1.00 0.00 X 0 0 0 Rick Gates Director 1.00 0.00 X 0 0 0 Mark Griffin Director 1.00 0.00 X 0 0 0 Kevin Host Director 1.00 0.00 X 0 0 0 Sean Jackson Director 1.00 0.00 X 0 0 0 Nimesh Jhaveri Director 1.00 0.00 X 0 0 0 Rick Keyes Director 1.00 0.00 X 0 0 0 Colleen Lindholz Director 1.00 0.00 X 0 0 0 Robert Narveson Director 1.00 0.00 X 0 0 0 Martin Otto Director 1.00 0.00 X 0 0 0 Craig Painter Director 1.00 0.00 X 0 0 0 Luke Rauch Director 1.00 0.00 X 0 0 0 Dain Rusk Director 1.00 0.00 X 0 0 0 Karen Staniforth Director 1.00 0.00 X 0 0 0 Sharon Sternheim Director 1.00 0.00 X 0 0 0 Debbie Weitzmann Director 1.00 0.00 X 0 0 0 7866187 695301 41 false true false 1776 Wilson 2014 LLC 4601 N Fairfax Dr 1115 Arlington VA 22203 Landlord 933414 Manatt Phelps & Phillips LLP 2019 Century Park East 1700 Los Angeles CA 90067 Legal Fees 580606 OnStage Talent Group 23801 Calabasas Rd 2010 Calabasas CA 91302 Entertainment 1044348 Freeman PO Box 650036 Dallas TX 75265 Exhibit Hall Services 969248 Levy Restaurants 415 Summer St Boston MA 02210 Conference Food 667031 27 10000 10000 Advertising 6867 6867 Conference/Trade Show 25414801 21628 25393173 Legal/Coalition Support 583501 583501 Membership Dues 10883964 10883964 36889133 2290769 2290769 0 14345 14345 0 541579 541579 541579 541579 0 0 0 Actuarial Gain on Retire Plan 751000 751000 Miscellaneous 2554 2554 753554 40499380 11481810 28495 28979075 40015 0 0 0 6497271 0 7378821 812703 641738 606500 0 1207287 80622 1580112 0 226825 33415 139605 160511 523480 0 1161829 321374 0 10507145 0 0 229656 282338 Printing and Publications 721943 Credit Card and Bank fees 526802 Library Subs & Mbr Dues 436926 Tax Expense- 4720 Excise 275170 410911 34802999 0 0 0 2925659 1173576 8121571 9286297 0 94130 599056 0 0 0 0 1383988 1514221 4340563 3905998 576985 434565 81847750 72834520 0 0 0 3578627 11661792 98528710 97504027 8842746 5567198 18851287 17633640 10213004 27694033 33413842 X 70834677 64090185 70834677 64090185 98528710 97504027 5696381 -12440873 X false true X true false 38500 38500 true Community Pharm Assn of NY PAC 99 Washington Ave 402 Albany NY 12210 222568281 2000 NY Democratic Senate Campaign Cmte 99 Washington St 402 Albany NY 12210 130628260 3000 Orrock for Delegate PO Box 458 Thornburg VA 22565 311723213 1000 Dunnavant for Senate PO Box 70849 Henrico VA 23255 473131420 1000 Friends of Keith Hodges PO Box 928 Urbanna VA 23175 300686169 250 Sickles for Delegate PO Box 10628 Franconia VA 23230 541998277 250 NY Democratic Senate Housekeeping 111 Washington Ave 409 Albany NY 12210 112924245 2000 Community Pharm Assn of NY PAC 99 Washington Ave 402 Albany NY 12210 222568281 1500 NY Democratic Assembly Housekeeping 107 Washington Ave 1 LL Albany NY 12210 133041656 5000 Friends of Mike Gianaris One Commercial Plaza 402 Albany NY 12210 113548396 500 Friends of Carl E Heastie One Commerce Plaza 402 Albany NY 12210 030453925 500 NY Democratic Senate Campaign Cmte 99 Washington St 402 Albany NY 12210 130628260 5000 Arkansas Grocer Retail Assn PAC PO Box 21861 Little Rock AR 72221 716059233 1000 Main St Merchants for Better NC PO Box 1030 Raleigh NC 27602 560340810 1000 South Carolina Retail Assn PO Box 1030 Raleigh NC 27602 201926761 1000 Friends of Ariana Kelly 4814 Broad Brook Dr Bethesda MD 20814 272621639 500 Friends of Robbyn Lewis 6 N Potomac St Baltimore MD 21224 821187302 375 Friends of Harry Bhandari 1215 E Fort Ave 303 Baltimore MD 21230 464812265 375 Friends of Bonnie Cullison 3403 Beret Lane Silver Spring MD 20906 800502254 375 Citizens for Heather Bagnall 1521 Ritchie Hhwy Arnold MD 21012 823890313 500 Friends of Kathy Klausmeier 4100 Walter Ave Baltimore MD 21236 521814219 375 Friends of Steve Hershey 104 Wye View Rd Queenstown MD 21658 272986910 375 Friends of Ben Kramer 704 Cloverly St Silver Spring MD 20905 204474811 375 Citizens for Paul Pinsky 3116 Gracefield Rd 313 Silver Spring MD 20904 521451666 500 Friends of Malcolm Augustine PO Box 272 Bladensburg MD 20710 464156000 500 Friends of Mary Beth Carozza PO Box 428 Ocean City MD 21843 462897959 375 Nancy Skinner for Treasurer 1787 Tribute Rd K Sacramento CA 95815 881511051 1000 Glazer for Lt Governor 61 La Espiral Orinda CA 94563 854166988 1000 Bill Dodd for Lt Governor 5429 Madison Ave Sacramento CA 95841 854016241 1000 California Republican Party 1001 K St 4th Floor Sacramento CA 95814 951144040 2500 Akilah Weber for State Assembly 1787 Tribute Rd K Sacramento CA 95815 921237091 1000 Tim Grayson for Assembly 1787 Tribute Rd K Sacramento CA 95815 884330604 1000 Joaquin Arambula for Assembly 1787 Tribute Rd K Sacramento CA 95815 921080260 1000 People Unite Elect Mary Washington PO Box 2261 Baltimore MD 21203 202856690 375 false false false 10833964 3104866 3104866 3809387 Part I-A, Line 1 - Direct and Indirect Political Campaign Activities 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. 2106362 1860276 246086 824929 642535 182394 1409272 1403187 6085 434565 Retirement Plan Assets 1316288 Right of Use- Lease 8445504 11661792 Lease Liability 10213004 10213004 X Part X : FIN48 Footnote Taxpayer (NACDS) is organized as a Virginia nonprofit corporation and has been recognized by the Internal Revenue Service (IRS) as exempt from federal income taxes under Internal Revenue Code (IRC)Section 501(a)as an organization described in IRC Section 501(c)(6) and has been determined to not be a private foundation under IRC Section 509(a)(1). The entity is annually required to file a Return of Organization Exempt from Income Tax (Form 990) with the IRS. In addition, the entity is subject to income tax on net income that is derived from business activities that are unrelated to the exempt purpose of the organization. NACDS files an Exempt Organization Business Income Tax Return (Form 990-T) with the IRS to report its unrelated business taxable income.Additional information not from the Audit Footnote: Taxpayer reported $24,746 of Unrelated Business Taxable income in 2022 on IRS Form 990-T, and paid income tax of $5,197 with the return. true Amer Society of Assn Execs 1575 Eye St NW Washington DC 20005 530026940 501(c)(6) 17000 0 Actual Cost Support Annual Dinner George Washingtons Mt Vernon PO Box 110 Mt Vernon VA 22121 540564701 15000 0 Actual Cost Support Annual Dinner 1 1 Grantmaker's Description of How Grants are Used 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. X X X X true true X X X X X X false false false Christie Boutte SVP Reimb, Advocacy & Innovation 392669 85800 15386 30500 26121 550476 Christopher P Krese SVP Congressional Relations & Com's 614816 127463 -5728 30500 38788 805839 David M Fitzsimmons SVP Finance 399254 87450 17094 30500 38687 572985 James A Whitman SVP Member Programs/Services 708646 356763 96692 30500 31738 1224339 Kevin Nicholson VP Regulatory Aff 297828 40814 27906 30500 16190 413238 Mary Ellen Kleiman VP Legal Affairs 365047 50695 21535 30500 4400 472177 Michael Ayotte SVP Pharmacy Transform & Advocacy 344260 79664 40394 30500 33191 528009 Sandra Kay Guckian VP State Govt 254832 37183 26446 28183 17158 363802 Sara Roszak SVP Health & Wellness Strategy 341308 82500 33176 30500 40567 528051 Steven C AndersonFASAECAE President & CEO 1503997 624851 111768 30500 16456 2287572 Terrance Arth VP Member Programs 316377 50000 18682 30500 36027 451586 William Tighe VP Federal Affairs 256947 37125 6547 26735 36060 363414 Part I, Line 1a: Relevant information in regards to selections on 1a. 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.Health Club dues are reimbursed up to $250 per year and are included on the employee's W-2. Form 990, Part III, Line 4d 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, Section A, Line 1a 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, Section A, Line 2 Business Relationships among the Board: In three instances, two board members represented the same member company at the same time: Walgreens- Rick Gates and Luke Rauch; Rite Aid- Andre Persaud and Karen Staniforth; Walmart- Kevin Host and Sean Jackson. Form 990, Part VI, Section A, Line 6 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, Section B, Line 11b 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, Section B, Line 12c 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, Section B, Line 15b 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, Section C, Line 19 The taxpayer's governing documents, conflict of interest policy, and audited financial statements are available to the general public upon request. 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 Sara Roszak spent approximately 15 hrs per week supporting NACDS Foundation- a related organization, as President of the NACDS Foundation. 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. 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 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 true false false false false false false false false false false false false false true true false true false false NACDS Foundation Inc n 42490 actual cost NACDS Foundation Inc o 175953 actual cost NACDS Foundation Inc q 465401 actual cost Relationship with Other Orgs 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.