RX-360 INTERNATIONAL PHARMACEUTICAL SUPPLY CHAIN CONSORTIUM: Form 990, tax year 2015

View the entire original 990 at ProPublica ↗

Organization
RX-360 INTERNATIONAL PHARMACEUTICAL SUPPLY CHAIN CONSORTIUM (EIN 45-2410498)
Tax period
2015-08-01 to 2016-07-31
Filed
2017-06-15
IRS object ID
201721669349300412
Schema version
2015v3.0
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

FieldValueIRS element (for citing)
Return2017-06-15T07:53:12-05:00ReturnTs
Tax Period End2016-07-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN260794367PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1UHY ADVISORS MID-ATLANTIC MD INCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line18601 ROBERT FULTON DRIVE SUITE 210AddressLine1Txt
CityCOLUMBIACityNm
State AbbreviationMDStateAbbreviationCd
ZIP21046ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2015-08-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN452410498EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1RX-360 INTERNATIONAL PHARMACEUTICALBusinessNameLine1Txt
Business Name Line2SUPPLY CHAIN CONSORTIUMBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlRX-3BusinessNameControlTxt
Phone3017109399PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line16894 MEADOWPOINT ENDAddressLine1Txt
CityNEW MARKETCityNm
State AbbreviationMDStateAbbreviationCd
ZIP21774ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMARK PAXTONPersonNm
Person TitleCEOPersonTitleTxt
Phone3017109399PhoneNum
Signature2017-06-15SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonNANCY JOHNSONPreparerPersonNm
PTINP01593478PTIN
Phone4107205220PhoneNum
FieldValueIRS element (for citing)
Tax2015TaxYr
Build TS2021-01-29 14:40:06ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Address ChangeYes (X)AddressChangeInd
Principal OfficerMARK PAXTONPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line16894 MEADOWPOINT ENDAddressLine1Txt
CityNEW MARKETCityNm
State AbbreviationMDStateAbbreviationCd
ZIP21774ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$1,776,779GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501cYes (X)Organization501cInd
Website AddressWWW.RX-360.ORGWebsiteAddressTxt
Type Of Organization AssocYes (X)TypeOfOrganizationAssocInd
Formation2009FormationYr
Legal Domicile StatePALegalDomicileStateCd
Activity Or MissionTHE MISSION OF RX-360 IS TO PROTECT PATIENT SAFETY BY ENHANCING THE QUALITY OF THE SUPPLY CHAIN AND AUTHENTICITY OF MATERIALS WITHIN THE SUPPLY CHAIN.ActivityOrMissionDesc
Voting Members Governing Body21VotingMembersGoverningBodyCnt
Voting Members Independent21VotingMembersIndependentCnt
Total Employee1TotalEmployeeCnt
Total Volunteers21TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$0PYContributionsGrantsAmt
CY Contributions Grants$0CYContributionsGrantsAmt
PY Program Service Revenue$1,683,935PYProgramServiceRevenueAmt
CY Program Service Revenue$1,776,779CYProgramServiceRevenueAmt
PY Investment Income$0PYInvestmentIncomeAmt
CY Investment Income$0CYInvestmentIncomeAmt
PY Other Revenue$28,520PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$1,712,455PYTotalRevenueAmt
CY Total Revenue$1,776,779CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$0PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$235,210CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$1,585,951PYOtherExpensesAmt
CY Other Expenses$1,289,657CYOtherExpensesAmt
PY Total Expenses$1,585,951PYTotalExpensesAmt
CY Total Expenses$1,524,867CYTotalExpensesAmt
PY Revenues Less Expenses$126,504PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$251,912CYRevenuesLessExpensesAmt
Total Assets BOY$689,126TotalAssetsBOYAmt
Total Assets EOY$584,546TotalAssetsEOYAmt
Total Liabilities BOY$443,878TotalLiabilitiesBOYAmt
Total Liabilities EOY$254,677TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$245,248NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$329,869NetAssetsOrFundBalancesEOYAmt
MissionTO CREATE AND MONITOR A GLOBAL QUALITY SYSTEM THAT MEETS THE EXPECTATIONS OF INDUSTRY AND REGULATORS, THAT ASSURES PATIENT SAFETY BY ENHANCING PRODUCT QUALITY AND AUTHENTICITY THROUGHOUT THE PHARMACEUTICAL SUPPLY CHAIN.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$1,247,284ExpenseAmt
Revenue$1,776,779RevenueAmt
DescENHANCING THE SECURITY OF THE PHARMACEUTICAL SUPPLY CHAIN THROUGH TWO AUDIT PROGRAMS AND RESEARCH PROGRAMS. THE RX-360 AUDIT SHARING PROGRAM ALLOWS RX-360 MEMBERS TO SHARE SUPPLIER QUALITY AUDITS CONDUCTED BY RX-360 MEMBERS OR ON THEIR BEHALF. THE RX-360 JOINT AUDITING PROGRAM ALLOWS RX-360 MEMBERS TO CONDUCT JOINT QUALITY AUDITS OF PHARMACEUTICAL SUPPLIES. RX-360 ALSO ANALYZES NEW LEGISLATION, REGULATIONS, STANDARDS, AND OTHER DEVELOPMENTS THAT IMPACT THE PHARMACEUTICAL SUPPLY CHAIN, AND MAKES THIS INFORMATION AVAILABLE TO RX-360 MEMBERS AND THE PUBLIC VIA RX-360'S WEBSITE.Desc
Total Program Service Expenses$1,247,284TotalProgramServiceExpensesAmt
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
Temp Or Permanent Endowments0TempOrPermanentEndowmentsInd
Report Land Building Equipment0ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other AssetsYes (1)ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign ActivitiesYes (1)ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With Officer Ent0BusinessRlnWithOfficerEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee1EmployeeCnt
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
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members21GoverningBodyVotingMembersCnt
Independent Voting Member21IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesYes (1)DelegationOfMgmtDutiesInd
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 Body0Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc0RegularMonitoringEnfrcInd
Whistleblower Policy0WhistleblowerPolicyInd
Document Retention Policy0DocumentRetentionPolicyInd
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 Line1NICOLE PITTSBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone3017109399PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line16894 MEADOWPOINT ENDAddressLine1Txt
CityNEW MARKETCityNm
State AbbreviationMDStateAbbreviationCd
ZIP21774ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (22 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerInd
MATT ANDERSON
DIRECTOR2.00Yes (X)$0$0$0
DAVID BANG
DIRECTOR2.00Yes (X)$0$0$0
TOM BEIL
DIRECTOR2.00Yes (X)$0$0$0
JANICE BERMAN
DIRECTOR2.00Yes (X)$0$0$0
LUCY CABRAL
DIRECTOR2.00Yes (X)$0$0$0
MARIE DAWSON
DIRECTOR2.00Yes (X)$0$0$0
PAUL EDSON
DIRECTOR2.00Yes (X)$0$0$0
DAVID HATT
DIRECTOR2.00Yes (X)$0$0$0
BRIAN JOHNSON
DIRECTOR2.00Yes (X)$0$0$0
JENNIFER MCCAFFERTY
DIRECTOR2.00Yes (X)$0$0$0
ALLEN MOSS
DIRECTOR2.00Yes (X)$0$0$0
CLIVE PATIENCE
DIRECTOR2.00Yes (X)$0$0$0
WES SCHMIDT
DIRECTOR2.00Yes (X)$0$0$0
ANISH SWADI
DIRECTOR2.00Yes (X)$0$0$0
KELLY TAYLOR
DIRECTOR2.00Yes (X)$0$0$0
MARTIN VANTRIESTE
DIRECTOR2.00Yes (X)$0$0$0
DAVID WALKER
DIRECTOR2.00Yes (X)$0$0$0
ROB WELSH
DIRECTOR2.00Yes (X)$0$0$0
GUY VILLAX
CHAIR THRU 12/31/153.00Yes (X)$0$0$0Yes (X)
GWYN MURDOCH
VICE-CHAIR THRU 12/31/15; CHAIR AS OF 1/1/163.00Yes (X)$0$0$0Yes (X)
LYNNE BYERS
TREASURER3.00Yes (X)$0$0$0Yes (X)
MARK PAXTON
CEO40.00$20,833$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$20,833TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp

Contractor Name ContractorName

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1DRINKER BIDDLE & REATH LLPBusinessNameLine1Txt

Contractor Address ContractorAddress

US Address USAddress

FieldValueIRS element (for citing)
Address Line11500 K STREET NW SUITE 1100AddressLine1Txt
CityWASHINGTONCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20005ZIPCd
FieldValueIRS element (for citing)
ServicesLEGALServicesDesc
Compensation$518,806CompensationAmt
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K1CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp (5 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
MEMBERSHIP DUES900099$923,903$923,903
SPONSORED AUDIT FEES900099$467,251$467,251
LICENSED AUDIT FEES900099$278,223$278,223
DATABASE FEES900099$75,000$75,000
LICENSED AUDIT ADMINIS900099$32,402$32,402
FieldValueIRS element (for citing)
Total Program Service Revenue$1,776,779TotalProgramServiceRevenueAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,776,779TotalRevenueColumnAmt
Related Or Exempt Func Income$1,776,779RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$154,166TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$65,000TotalAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$5,183TotalAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$10,861TotalAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$598,806TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$35,383TotalAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$7,900TotalAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$350,963TotalAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$55,341TotalAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$33,037TotalAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$132,292TotalAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$68,263TotalAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$1,545TotalAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$5,587TotalAmt

Other Expenses OtherExpensesGrp

FieldValueIRS element (for citing)
DescDUES AND SUBSCRIPTIONSDesc
Total$540TotalAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$1,524,867TotalAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
EOY$205,045EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$651,486BOYAmt
EOY$234,217EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
EOY$56,722EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$37,640BOYAmt
EOY$88,562EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$689,126BOYAmt
EOY$584,546EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$51,523BOYAmt
EOY$95,409EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$392,355BOYAmt
EOY$159,268EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$443,878BOYAmt
EOY$254,677EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$245,248BOYAmt
EOY$329,869EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$245,248BOYAmt
EOY$329,869EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$689,126BOYAmt
EOY$584,546EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$251,912ReconcilationRevenueExpnssAmt
Prior Period Adjustments-$167,291PriorPeriodAdjustmentsAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewYes (1)AccountantCompileOrReviewInd

Acct Compile Or Review Basis AcctCompileOrReviewBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
FS Audited0FSAuditedInd
Audit Committee0AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule C IRS990ScheduleC

FieldValueIRS element (for citing)
Substantially All Dues NondedYes (1)SubstantiallyAllDuesNondedInd
Only In House LobbyingYes (1)OnlyInHouseLobbyingInd
Agree Carryover Prior Year0AgreeCarryoverPriorYearInd

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Total Book Value Land Buildings$0TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp

FieldValueIRS element (for citing)
DescDUE FROM DRINKER BIDDLE REATH LLPDesc
Book Value$88,562BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Other Assets$88,562TotalBookValueOtherAssetsAmt

Schedule F IRS990ScheduleF

Account Activities Outside US AccountActivitiesOutsideUSGrp (3 entries)

RegionRegionTxtOfficesOfficesCntEmployeeEmployeeCntType Of Activities ConductedTypeOfActivitiesConductedTxtSpecific Services ProvidedSpecificServicesProvidedTxtRegion Total ExpendituresRegionTotalExpendituresAmt
EAST ASIA AND THE PACIFIC00PROGRAM SERVICES - AUDITSQUALITY AUDITS OF PHARMACEUTICAL SUPPLIES$63,747
EUROPE (INCLUDING ICELAND & GREENLAND)00PROGRAM SERVICES - AUDITSQUALITY AUDITS OF PHARMACEUTICAL SUPPLIES$79,438
NORTH AMERICA00PROGRAM SERVICES - AUDITSQUALITY AUDITS OF PHARMACEUTICAL SUPPLIES$12,150
FieldValueIRS element (for citing)
Subtotal Offices0SubtotalOfficesCnt
Subtotal Employees0SubtotalEmployeesCnt
Continutation Total Office0ContinutationTotalOfficeCnt
Continutation Total Employee0ContinutationTotalEmployeeCnt
Total Office0TotalOfficeCnt
Total Employee0TotalEmployeeCnt
Subtotal Spent$155,335SubtotalSpentAmt
Continuation Spent$0ContinuationSpentAmt
Total Spent$155,335TotalSpentAmt
Transfer To Foreign Corp0TransferToForeignCorpInd
Interest In Foreign Trust0InterestInForeignTrustInd
Foreign Corp Ownership0ForeignCorpOwnershipInd
Passive Foreign Investmest Co0PassiveForeignInvestmestCoInd
Foreign Partnership0ForeignPartnershipInd
Boycott Countries0BoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 3:FormAndLineReferenceDesc
ExplanationACCRUAL METHOD IS USED TO ACCOUNT FOR EXPENDITURES.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (8 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 3DRINKER BIDDLE & REATH LLP (DBR) SERVED AS SECRETARIAT AND LEGAL COUNSEL TO RX-360 AND PERFORMED THE DAY TO DAY MANAGEMENT THROUGH OCTOBER 2015. THEREAFTER, DBR WAS RETAINED FOR ASSISTANCE IN TRANSITIONING THE MANAGEMENT FUNCTIONS TO MARK PAXTON, RX-360'S CEO.
FORM 990, PART VI, SECTION A, LINE 6ANY LEGAL ENTITY MAY BECOME A MEMBER OF RX-360 IF THE FOLLOWING CRITERIA IS MET: 1 - ITS ACTIVITIES RELATE TO THE RESEARCH, DEVELOPMENT, OR MANUFACTURE OF PHARMACEUTICAL OR BIOTECHNOLOGY PRODUCTS, INCLUDING RESEARCH-BASED PHARMACEUTICAL COMPANIES, GENERIC PHARMACEUTICAL COMPANIES, BIOTECHNOLOGY COMPANIES, AS WELL AS SUPPLIERS OF INGREDIENTS AND COMPONENTS OF PHARMACEUTICAL OR BIOTECHNOLOGY PRODUCTS AND SUPPLIERS OF SERVICES RELATING TO THE QUALITY OR SAFETY OF THE PHARMACEUTICAL OR BIOTECHNOLOGY SUPPLY (PROVIDERS OF AUDITING AND CONSULTING SERVICES ARE NOT ELIGIBLE FOR RX-360 MEMBERSHIP); 2 - IT AGREES TO PAY ANNUAL DUES AND ASSESSMENTS THAT ARE SET BY THE BOARD OF DIRECTORS; 3 - IF IT IS A GOVERNMENTAL UNIT OR QUASI-GOVERNMENTAL UNIT OR AN EDUCATIONAL INSTITUTION, IT DOES NOT INVOLVE THE LEGISLATIVE,JUDICIAL, OR EXECUTIVE BRANCHES OF GOVERNMENT, AND ALL STEPS WILL BE TAKEN BY THE ENTITY TO RESIST OR RESTRICT ANY ATTEMPT MADE BY THE LEGISLATIVE, JUDICIAL OR EXECUTIVE BRANCHES TO OBTAIN ACCESS TO RX-360 REPORTS OR CONFIDENTIAL INFORMATION, AND APPROPRIATE MECHANISMS ARE IN PLACE AT THE ENTITY TO ENSURE CONFIDENTIALITY AND TO PREVENT IMPROPER DISCLOSURE. THERE ARE THREE CLASSES OF RX-360 MEMBERS: ONE CLASS FOR MANUFACTURERS OF PHARMACEUTICAL OR BIOTECHNOLOGY FINISHED PRODUCTS WITH $500 MILLION (US DOLLARS) OR MORE IN WORLDWIDE GROSS REVENUE FROM SALES OF PHARMACEUTICAL OR BIOTECHNOLOGY FINISHED PRODUCTS AMONG AFFILIATED ENTITIES; ONE CLASS FOR MANUFACTURERS OF PHARMACEUTICAL OR BIOTECHNOLOGY FINISHED PRODUCTS WITH LESS THAN $500 MILLION (US DOLLARS) IN WORLDWIDE GROSS REVENUE FROM SALES OF PHARMACEUTICAL OR BIOTECHNOLOGY FINISHED PRODUCTS AMONG AFFILIATED ENTITIES AND CONTRACT MANUFACTURERS OF FINISHED DOSAGE FROM PHARMACEUTICAL AND BIOTCHNOLOGY PRODUCTS; AND, ONE CLASS FOR SUPPLIERS OF INGREDIENTS AND COMPONENTS OF SUCH PRODUCTS AND SUPPLIERS OF SERVICES.
FORM 990, PART VI, SECTION A, LINE 7AALL MEMBERS HAVE EQUAL VOTING RIGHTS IN ELECTIONS OF OFFICERS ALL MEMBERS ARE ELIGIBLE TO VOTE IN ELECTIONS OF THE BOARD OF DIRECTORS; HOWEVER, VOTING FOR BOARD MEMBERS IS DONE BY CATEGORY OF MEMBERSHIP. THE BYLAWS STATE THAT APPROXIMATELY 65% OF THE MEMBERSHIP OF THE BOARD SHALL BE COMPRISED OF REPRESENTATIVES OF LARGE FINISHED PRODUCT MANUFACTURERS, APPROXIMATELY 10% 0F THE MEMBERSHIP OF THE BOARD SHALL BE COMPRISED OF REPRESENTATIVES OF SMALL OR CONTRACT FINISHED PRODUCT MANUFACTURERS, AND APPROXIMATELY 25% SHALL BE COMPRISED OF REPRESENTATIVES OF SUPPLIERS.
FORM 990, PART VI, SECTION A, LINE 7BTHE BYLAWS OF RX-360 STATE THAT THE MEMBERS OF RX-360 HAVE THE POWER TO OVERRIDE ANY AMENDMENTS TO THE BYLAWS ADOPTED BY THE BOARD OF DIRECTORS.
FORM 990, PART VI, SECTION B, LINE 11THE SECRETARIAT OR CEO FIRST REVIEWS THE 990. ONCE THE SECRETARIAT OR CEO IS SATISFIED THAT THE INFORMATION IS ACCURATE AND COMPLETE, IT IS FORWARDED TO THE CHAIR, VICE-CHAIR AND TREASURER FOR THEIR REVIEW. ONCE THEY ARE SATISFIED THAT THE INFORMATION IS ACCURATE AND COMPLETE, THE 990 IS FORWARDED TO THE FULL BOARD FOR REVIEW PRIOR TO SUBMISSION.
FORM 990, PART VI, SECTION B, LINE 15COMPENSATION FOR THE CEO IS EVALUATED ON AN ANNUAL BASIS BY THE COMPENSATION COMMITTEE AND THE CHAIR OF THE BOARD OF DIRECTORS. COMPENSATION IS BASED ON THE LEVEL OF SKILL REQUIRED FOR THE POSITION, AN EVALUATION OF THE INDIVIDUAL'S ACHIEVEMENT, AND A COMPARISON OF COMPENSATION TO SIMILAR POSITIONS IN THE NON-PROFIT INDUSTRY. THE DETERMINATION OF THE COMPENSATION IS DOCUMENTED BY A COMPENSATION AGREEMENT EXECUTED BY THE CHAIR OF THE BOARD OF DIRECTORS, THE CHAIR OF THE COMPENSATION COMMITTEE, AND THE CEO.
FORM 990, PART VI, SECTION C, LINE 19RX-360'S BYLAWS AND ANTI-TRUST POLICY ARE AVAILABLE ON RX-360'S WEBSITE. ALL OTHER FINANCIAL DOCUMENTS THAT ARE REQUIRED TO BE MADE AVAILABLE TO THE PUBLIC WILL BE AVAILABLE UPON REQUEST.
FORM 990, PART IX, LINE 11GQUALITY AUDIT FEES 294,740. CONTRACT SERVICES 56,223.

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