2015-10-23T17:31:02-05:00 2014-12-31 420714325 MCGLADREY LLP 1861 INTERNATIONAL DRIVE SUITE 400 MCLEAN VA 22102 990 2014-01-01 383676760 PHARMACEUTICAL CARE MANAGEMENT ASSOCIATION PHAR 2027565700 325 7TH STREET 9TH FLOOR WASHINGTON DC 20004 MARK MERRITT PRESIDENT & CEO 2027565700 2015-10-23 1 YONG ZHANG CPA P01249785 7033366400 2014 2016-02-25 16:41:14Z X PCMA MARK MERRITT 325 7TH STREET 9TH FLOOR WASHINGTON DC 20004 18166313 0 X WWW.PCMANET.ORG X 2003 DE PCMA PROMOTES PHARMACY BENEFIT MANAGERS (PBMS) AND THE PROVEN TOOLS THEY UTILIZE, WHICH ARE RECOGNIZED BY CONSUMERS, EMPLOYERS, POLICYMAKERS, AND OTHERS AS KEY DRIVERS IN LOWERING PRESCRIPTION DRUG COSTS AND INCREASING ACCESS. 9 9 25 9 0 0 0 0 14264534 17864416 1505 987 0 0 14266039 17865403 0 125000 0 0 6454289 7437067 0 0 0 7040007 9644378 13494296 17206445 771743 658958 8405489 12906427 2951097 6793077 5454392 6113350 PCMA IS THE NATIONAL ASSOCIATION REPRESENTING AMERICA'S PBMS. PBMS ADMINISTER PRESCRIPTION DRUG PLANS FOR MORE THAN 210 MILLION AMERICANS WITH HEALTH COVERAGE PROVIDED THROUGH FORTUNE 500 EMPLOYERS, HEALTH INSURANCE PLANS, LABOR UNIONS, AND MEDICARE PART D. 0 0 PROMOTE EDUCATION, LEGISLATION, PRACTICE STANDARDS AND RESEARCH THAT FOSTERS QUALITY, AFFORDABLE PRESCRIPTION DRUGS. ASSURES QUALITY STANDARDS THROUGHOUT THE INDUSTRY BY REDUCING HEALTHCARE COSTS FOR PROVIDERS AND CONSUMERS. PROMOTES PHARMACY BENEFIT MANAGEMENT AS A QUALITY AND COST EFFECTIVE METHOD OF PRESCRIPTION DRUG DELIVERY. 0 0 0 1 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 1 45 0 1 25 1 0 0 0 0 1 1 0 X 9 9 0 0 0 0 1 1 0 1 1 0 0 0 1 1 1 1 1 1 1 0 DC X BRENDA PALMER CFO 2027565725 325 7TH STREET 9TH FLOOR WASHINGTON DC 20004 REN ELDER DIRECTOR 5.00 X 0 0 0 MARK THIERER DIRECTOR 5.00 X 0 0 0 CHRIS HOCEVAR DIRECTOR 5.00 X 0 0 0 GEORGE PAZ DIRECTOR 5.00 X 0 0 0 WILLIAM FLEMING DIRECTOR 5.00 X 0 0 0 JON ROBERTS DIRECTOR 5.00 0.10 X 0 0 0 DIRK MCMAHON DIRECTOR 5.00 0.10 X 0 0 0 ERIC ELLIOTT DIRECTOR 5.00 X 0 0 0 GREG WANTANABE DIRECTOR 5.00 X 0 0 0 MARK MERRITT PRESIDENT & CEO 50.00 0.10 X 1105000 0 71740 BRIAN MCCARTHY COO 50.00 X 558746 0 61259 BRENDA PALMER CFO & TREASURER 50.00 X 331600 0 53298 BARBARA LEVY VP, GEN. COUNSEL & SEC. 50.00 X 474320 0 51923 KRISTIN BASS SENIOR VP 50.00 X 639434 0 52988 JERRY STEFFL VP. FEDERAL AFFAIRS 50.00 X 379085 0 46516 WENDY KRASNER VP REGULATORY 50.00 X 360884 0 67780 GREG JOHNSON ASSISTANT VP 50.00 X 266930 0 52737 TIM BROGAN ASSISTANT VP 50.00 X 240007 0 37190 CHARLES COTE VP PUBLIC AFFAIRS 50.00 X 269538 0 27182 4625544 0 522613 17 0 1 0 MCDERMOTT WILL & EMERY LLP PO BOX 6043 CHICAGO IL 60680 INDUSTRY LEGAL SUPPORT 903015 FOLEY HOAG LLP 155 SEAPORT BOULEVARD BOSTON MA 02210 INDUSTRY LEGAL SUPPORT 250714 NATHENSON & HAUCK 601 13TH STREET NW - 11TH FL WASHINGTON DC 20005 FEDERAL AFFAIRS POLITICAL CONSULTANT 240000 MARK W GOODIN ASSOCIATES 8205 NATURES WAY WILLIAMSBURG VA 23188 PUBLIC AFFAIRS AND STRATEGY CONSULTANT 230500 JENNINGS POLICY STRATEGIES INC 401 9TH ST NW - SUITE 770 WASHINGTON QA 20004 CORE ISSUES STRATEGY CONSULTANT 225015 13 MEMBERSHIP DUES 900099 10627000 10627000 INDUSTRY RELATIONS 611430 6023651 6023651 LITIGATION SUPPORT 900099 1213765 1213765 17864416 987 987 300910 300910 0 17865403 17864416 0 987 X 125000 3400308 3169798 357012 264845 245104 174297 39650 5281271 1076579 338550 171108 638610 288313 1205232 142579 26154 OTHER EXPENSES 95903 DUES / SUBCRIPTIONS 76111 MERCHANT FEES 68762 BENEFIT ADMINISTRATION 21259 17206445 2982530 4951381 4441865 5960387 122950 1206712 436404 361024 1220496 1048806 183251 171690 238489 255233 8405489 12906427 643375 1039747 1862178 4945500 445544 807830 2951097 6793077 X 5454392 6113350 5454392 6113350 8405489 12906427 658958 0 X X 0 1 X 1 0 0 0 0 10627000 3928780 3928780 3928780 927095 797448 129647 293401 251358 42043 171690 DEFERRED RENT 93453 DEFERRED COMPENSATION 244852 DEFERRED LITIGATION SUPPORT 469525 807830 X 18166313 300910 300910 17865403 0 17865403 17507355 300910 300910 17206445 0 17206445 PART X, LINE 2: THE ASSOCIATION IS GENERALLY EXEMPT FROM FEDERAL INCOME TAXES UNDER THE PROVISIONS OF SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE. INCOME, WHICH IS NOT RELATED TO EXEMPT PURPOSES, LESS APPLICABLE DEDUCTIONS, IS SUBJECT TO INCOME TAXES. THE ASSOCIATION HAD NO NET UNRELATED BUSINESS INCOME FOR THE YEARS ENDED DECEMBER 31, 2014 AND 2013. THE ASSOCIATION FOLLOWS THE ACCOUNTING STANDARD ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, WHICH ADDRESSES THE DETERMINATION OF WHETHER TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED ON A TAX RETURN SHOULD BE RECORDED IN THE FINANCIAL STATEMENTS. UNDER THIS GUIDANCE, THE ASSOCIATION MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITION. THE TAX BENEFITS RECOGNIZED IN THE FINANCIAL STATEMENTS FROM SUCH A POSITION ARE MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50 PERCENT LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THE GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES ALSO ADDRESSES DE-RECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES ON INCOME TAXES, AND ACCOUNTING IN INTERIM PERIODS. MANAGEMENT EVALUATED THE ASSOCIATION'S TAX POSITIONS AND CONCLUDED THAT THE ASSOCIATION HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THIS GUIDANCE. GENERALLY, THE ASSOCIATION IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE U.S. FEDERAL, STATE OR LOCAL TAX AUTHORITIES FOR YEARS BEFORE 2011. PART XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES REPORTED ON LINE 6B 300,910. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES REPORTED ON LINE 6B 300,910. 1 PCMA FOUNDATION 325 7TH STREET 9TH FLOOR WASHINGTON DC 20004 472487430 501(C)(3) 125000 PROGRAM SUPPORT 1 0 PART I, LINE 2: THE ORGANIZATION PROVIDES GRANTS TO ITS RELATED ORGANIZATION TO SUPPORT INDUSTRY RELATED PEER REVIEWED RESEARCH. X X X 0 0 0 MARK MERRITT PRESIDENT & CEO 775000 0 330000 0 0 0 39750 0 31990 0 1176740 0 0 0 BRIAN MCCARTHY COO 344250 0 214496 0 0 0 39750 0 21509 0 620005 0 0 0 BRENDA PALMER CFO & TREASURER 224346 0 107254 0 0 0 33660 0 19638 0 384898 0 0 0 BARBARA LEVY VP, GEN. COUNSEL & SEC. 289919 0 184401 0 0 0 39750 0 12173 0 526243 0 0 0 KRISTIN BASS SENIOR VP 369230 0 270204 0 0 0 39750 0 13238 0 692422 0 0 0 JERRY STEFFL VP. FEDERAL AFFAIRS 246731 0 132354 0 0 0 36950 0 9566 0 425601 0 0 0 WENDY KRASNER VP REGULATORY 247384 0 113500 0 0 0 37110 0 30670 0 428664 0 0 0 GREG JOHNSON ASSISTANT VP 205430 0 61500 0 0 0 30815 0 21922 0 319667 0 0 0 TIM BROGAN ASSISTANT VP 183507 0 56500 0 0 0 27525 0 9665 0 277197 0 0 0 CHARLES COTE VP PUBLIC AFFAIRS 166400 0 103138 0 0 0 24960 0 2222 0 296720 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 PCMA HAS 9 MEMBER COMPANIES. THOSE 9 MEMBER COMPANIES MAKE UP THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7A 9 MEMBER COMPANIES VOTE ON NEW MEMBERS AND ALSO WHETHER THEY CAN SIT ON THE BOARD. FORM 990, PART VI, SECTION B, LINE 11 THE CHIEF FINANCIAL OFFICER REVIEWS THE ASSOCIATIONS FORM 990 PRIOR TO MAILING TO THE IRS. THE 2014 FORM 990 WAS REVIEWED ON OCT 20, 2015. THE REVIEW INCLUDES COMPARISON OF ALL REPORTED NUMBERS TO THE AUDITED FINANCIAL STATEMENTS FOR ACCURACY. A REVIEW OF ALL WRITTEN STATEMENTS IS CONDUCTED FOR ACCURACY AND CONSISTENCY WITH THE STATED PURPOSE. FORM 990, PART VI, SECTION B, LINE 12C PCMA'S EMPLOYMENT HANDBOOK DEFINES CONFLICT OF INTEREST FOR PCMA. IT IS EACH EMPLOYEE'S RESPONSIBILITY TO READ AND ABIDE BY ALL EMPLOYMENT POLICIES OF PCMA. PCMA PERIODICALLY UPDATES THE EMPLOYEE MANUAL AND THE CFO FORWARDS UPDATED COPIES TO ALL EMPLOYEES WITH A REQUEST THAT THEY REVIEW AND BECOME FAMILIAR WITH THE UPDATES AND ALL SECTIONS OF THE MANUAL. FORM 990, PART VI, SECTION B, LINE 15 PCMA PURCHASES VARIOUS ASSOCIATION SALARY STUDIES TO ENSURE THAT ALL SALARIES ARE COMMENSURATE WITH THE INDUSTRY AND THE ASSOCIATION MARKET PLACE. THE BOARD OF DIRECTORS WILL REVIEW THE CEO'S SALARY WHEN APPROPRIATE. FORM 990, PART VI, SECTION C, LINE 19 FORM 990 IS AVAILABLE FOR INSPECTION BY REQUEST AT PCMA OFFICES LOCATED AT 327 7TH ST., NW, 9TH FL, WASHINGTON, DC 20004. GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE NOT MADE PUBLICLY AVAILABLE. FORM 990, PART IX, LINE 11G ALLY DEVELOPMENT 637,965. COALITION BUILDING 344,895. CONSULTANTS-OUTSIDE 1,906,203. LITIGATION 1,536,851. OTHER FEES 62,413. PROFESSIONAL SUPPORT 4,953. RESEARCH STUDIES 757,369. STATE TRACKING SERVICE 30,622. FORM 990, PART XII, LINE 2C THE PROCESS FOR OVERSEEING THE AUDIT OF THE FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT THAT AUDITED THE FINANCIAL STATEMENTS HAS BEEN CONSISTENT WITH PRIOR YEARS. PCMA FOUNDATION 325 7TH STREET 9TH FLOOR WASHINGTON DC 20004 472487430 RESEARCH ON PRESCRIPTION DRUG MANAGEMENT AND OTHER CHARITABLE ACTIVITIES DC 501(C)(3) LINE 7 PCMA 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 PCMA FOUNDATION B 125000 CASH