2025-11-11T06:45:31-06:00 2024-12-31 582676261 Rogers & Company PLLC 8300 Boone Boulevard Suite 600 Vienna VA 22182 990 2024-01-01 205913680 340B Health 340B 2025525850 1350 I St NW Ste 800 Washington DC 200053304 Maureen Testoni President and CEO 2025525850 2025-11-10 1 1 Lori A Collingsworth P00639819 7038930300 2025-10-22 2024 2025-03-06 01:10:19Z Maureen Testoni 1350 I St NW Ste 800 Washington DC 200053304 22102375 0 X https://www.340bhealth.org/ X 2006 DC Be the leading 340B advocate and resource supporting hospitals in their mission to serve low income, underserved, and rural patients. 15 15 31 16 4095 0 392495 281800 13154838 13545891 706848 1298325 600 0 14254781 15126016 5735 3750 0 0 6077181 6565254 0 0 0 6395933 8174677 12478849 14743681 1775932 382335 35979568 39250049 14604830 16198527 21374738 23051522 X The mission of the Association is to be the leading 340B advocate and resource supporting hospitals in their mission to serve low income, underserved and rural patients. 0 0 Education: 340B Health helps hospitals, health systems, pharmacies, and others understand the requirements of 340B and to facilitate compliance with its rules and regulations. 340B Health provides education through a webinar series, online tools and resources, and weekly newsletters. 340B Health also provides one-on-one technical assistance, upon members' requests. 340B Health works to keep its members and stakeholders informed about legislative and regulatory changes to 340B via various electronic communications and the www.340Bhealth.org website. 340B Health organizes the 340B coalition's annual winter and summer conferences (www.340Bwinterconference.org and www.340Bsummerconference.org) featuring discussions about compliance, other operational matters, public policy, and related activity. 340B Health provides member hospitals with information to help identify best practices in compliance and program development. Our "340B Exchange" allows hospitals to discuss emerging trends, concerns, and ideas. The organization's research helps identify examples of how hospitals are addressing key areas of health care such as social determinants of health and approaches to prevention of the misuse of opioids. Advocacy: 340B Health works with and on behalf of our members to represent their interests and concerns before Congress, the executive branch, and the courts to ensure policymakers understand the 340B drug pricing program's intent, requirements, value, and role in advancing healthy patients and communities. 340B Health conducts independent research regarding the impact and effectiveness of 340B and works with its members to create profiles of how 340B savings are used to improve patient care. 340B health advocates for changes in policy necessary to improve 340B and its impact. 0 1 0 1 0 0 0 0 0 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 1 0 0 1 52 0 1 31 1 1 1 0 0 0 1 1 0 0 0 X 15 15 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X The Organization 2025525850 1350 I Street NW Ste 800 Washington DC 20005 Karen L Bowling Chair 1.00 X X 0 0 0 Charlton Park Treasurer 1.00 X X 0 0 0 Matthew J Perry Secretary 1.00 X X 0 0 0 Roben Casey Director 1.00 X 0 0 0 Tim Lynch Director 1.00 X 0 0 0 Adrian Moran Director 1.00 X 0 0 0 Paul Jenny Director 1.00 X 0 0 0 Onisis Stefas Director 1.00 X 0 0 0 Meetali Desai Director 1.00 X 0 0 0 Sumona DasGupta Director 1.00 X 0 0 0 Marjorie Lazarre Director 1.00 X 0 0 0 Mike Loftus Director 1.00 X 0 0 0 Marva Williams-Lowe Director 1.00 X 0 0 0 Beth Feldpush Director 1.00 X 0 0 0 Patt Vilt Director 1.00 X 0 0 0 Rosland McLeod Director 1.00 X 0 0 0 Nick Gnadt Director 1.00 X 0 0 0 Paul Mollo Director 1.00 X 0 0 0 Maureen Testoni President and CEO 45.00 X 699363 0 177149 Patrick McGary SVP of Operations 45.00 X 259921 0 40479 Michael Hess VP of Operations 45.00 X 252063 0 18880 Tom O'Donnell SVP of Government Relations 45.00 X 361404 0 40707 Jonathan Tilton SVP of Communications 45.00 X 343629 0 25965 Steven Miller VP of Pharmacy Services 45.00 X 284354 0 52702 Gregory Doggett VP of Legal & Policy 45.00 X 271188 0 36865 Amanda Nagrotsky Vice President of Legal and Policy 45.00 X 257728 0 27402 2729650 0 420149 17 0 1 0 Main Street Media Group Address Open Washington DC 20001 Ad campaign services 1407553 Zuckerman Spaeder 2100 L St NW 400 Washington DC 20037 Litigation and Legal services 490776 GMMB 3050 K Street NW 100 Washington DC 20007 Ad campaign services 261848 Pearson Technology 7661 NW 68th St 117 Miami FL 33166 Conference A/V 257516 Bass Berry & Sims PLC 1201 Pennsylvania Ave NW 300 Washington DC 20004 Legal and policy services 208854 19 281800 281800 Membership dues 900099 7146204 7146204 Conferences 900099 4615917 3185113 1430804 Corporate partnerships 900099 1712000 1712000 Public relations 900099 50000 50000 Webinars and other 900099 17675 17675 4095 4095 13545891 968613 968613 7297534 8537 6976359 0 321175 8537 329712 329712 15126016 12110992 4095 2729129 3750 1447855 261600 4075258 168603 272265 339673 685296 104119 385352 67721 1445265 1776753 441974 182655 689933 172590 1627404 149882 33795 Licenses and fees 359432 Publications 44694 Taxes 7812 14743681 3409233 2755109 1958 546 423697 384763 951565 382427 710483 569138 26127480 30359091 5306717 5181402 35979568 39250049 550263 743230 8345945 8899178 9689 4080 5698933 6552039 14604830 16198527 X 21032243 22769722 342495 281800 21374738 23051522 35979568 39250049 382335 1294449 0 X X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 340B Health PAC 1350 I St NW Ste 800 Washington DC 200053304 812792616 0 30925 1 0 0 224243 23979 200264 541186 200060 341126 186136 158388 27748 569138 Right-of-use asset operating lease 4759944 Deferred compensation assets 230154 Deposits 114132 Federal income tax receivable 77172 5181402 Lease liability- operating lease 6320755 Deferred compensation obligation 230154 Due to PAC 1130 6552039 X Part X, Line 2: Management evaluated the Organization's tax positions and concluded that the Organization's consolidated financial statements do not include any uncertain tax positions. X X X X X 0 1 0 Maureen Testoni President and CEO 581230 0 116573 0 1560 0 138758 0 38391 0 876512 0 0 0 Tom O'Donnell SVP of Government Relations 319801 0 39400 0 2203 0 18718 0 21989 0 402111 0 0 0 Jonathan Tilton SVP of Communications 308733 0 34200 0 696 0 17713 0 8252 0 369594 0 0 0 Steven Miller VP of Pharmacy Services 261633 0 20922 0 1799 0 16631 0 36071 0 337056 0 0 0 Gregory Doggett VP of Legal & Policy 251157 0 19647 0 384 0 13140 0 23725 0 308053 0 0 0 Patrick McGary SVP of Operations 243618 0 15249 0 1054 0 15249 0 25230 0 300400 0 0 0 Amanda Nagrotsky Vice President of Legal and Policy 218278 0 37890 0 1560 0 14209 0 13193 0 285130 0 0 0 Michael Hess VP of Operations 235286 0 16444 0 333 0 14095 0 4785 0 270943 0 0 0 Part I, Line 4b In 2024, Maureen Testoni, President & CEO, received $97,000 in employer contributions to a supplemental nonqualified retirement plan made under Section 457(f) of the Internal Revenue Code. Kemp Mill Consulting See Part V 201600 See Part V 0 0 Sch L, Part IV, Business Transactions Involving Interested Persons: (a) Name of Person: Kemp Mill Consulting(b) Relationship Between Interested Person and Organization:35% or > controlled entity of former officer Miriam Lasar(c) Amount of Transaction $ 201,600.(d) Description of Transaction: Outsouced accounting and financeservices(e) Sharing of Organization Revenues? = No Form 990, Part I, Line 1, Description of Organization Mission: 340B Health is a membership organization of more than 1,600 public and private nonprofit hospitals and health systems participating in the federal 340B drug pricing program. To support our members, 340B Health monitors, educates, and serves as an advocate on federal legislative and regulatory issues related to drug pricing and other matters affecting safety-net providers. We provide a wide variety of education programs and materials to assist our members in operating fully-compliant, high-quality programs. Our membership consists of a broad spectrum of hospitals, including academic medical centers, community hospitals, children's hospitals, and critical access hospitals. Form 990, Part VI, Section B, line 11b The 990 is reviewed internally by the Senior Vice President of Operations, the President & CEO, and the Audit Committee. The full board reviews and approves form 990 prior to filing. Form 990, Part VI, Section B, line 12c The organization requires the Board of Directors, Officers, and all staff to disclose any conflicts of interest in writing on an annual basis. Board members are required to sign and abide by the 340B Health conflict of interest policy, which includes the requirement that board members identify potential conflicts of interest when they arise and remove themselves from all discussion and voting on such matters. Form 990, Part VI, Section B, line 15a Compensation for the President and CEO is reviewed and approved by the Executive Committee of the Board of Directors, based on advice from a compensation consultant and prior compensation history for the CEO role. The President and CEO determines compensation for the other officers and key employees based on performance, a compensation consultant study undertaken biannually, and compensation information provided by the American Society of Association Executives based on most recent data. Form 990, Part VI, Section C, line 19 Financial statements, governing documents, and conflict of interest policies are not required disclosures pursuant to Internal Revenue Code (IRC) Section 6104, and thus are not made available to the public. Form 990, Part VI, Section A, line 6: 340B Health has dues-paying members, however no members have voting rights. Form 990, Part XII, Line 2c: The Organization's Audit Committee assumes responsibility for oversight of the audit of its financial statements. The process is consistent with previous years. 340B Health Political Action Committee 1350 I St NW Ste 800 Washington DC 200053304 812792616 Connected PAC to support candidates who support the 340B program DC 527 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 1 1 1 1