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Nonprofiteer
← PHARMACEUTICAL CARE MANAGEMENT ASSOCIATION

Form 990 for tax year 2023

Filed by PHARMACEUTICAL CARE MANAGEMENT ASSOCIATION.

Totals

Total revenue
$61,687,774
Total expenses
$62,339,506
Contributions and grants received
$0
Grants paid
$477,850
Program service revenue
$60,878,729
Investment income
$809,045
Other revenue
$0
Total assets, end of year
$26,947,681
Total liabilities, end of year
$13,787,390
Net assets or fund balances, end of year
$13,160,291
Program services expenses (Part IX)
not reported
Management and general expenses
not reported
Fundraising expenses
not reported
Program service expenses (Part III)
not reported

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 2a · Program service revenue: MEMBERSHIP DUES

    total $45,756,749 · related or exempt $45,756,749

  • 2b · Program service revenue: INDUSTRY RELATIONS

    total $14,383,927 · related or exempt $14,383,927

  • 2c · Program service revenue: LITIGATION SUPPORT

    total $738,053 · related or exempt $738,053

  • 3 · Investment income

    total $743,820 · excluded $743,820

  • 7a · Gross sales of assets other than inventory

    securities $11,790,151

  • 7b · Less cost or other basis and sales expenses

    securities $11,724,926

  • 7c · Gain or loss

    securities $65,225

  • 7d · Net gain or loss

    total $65,225 · excluded $65,225

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $477,850

  • 5 · Compensation of officers, directors and key employees

    total $7,066,844

  • 7 · Other salaries and wages

    total $7,324,878

  • 8 · Pension plan contributions

    total $1,340,462

  • 9 · Other employee benefits

    total $1,094,022

  • 10 · Payroll taxes

    total $730,007

  • 11b · Fees: legal

    total $323,651

  • 11c · Fees: accounting

    total $83,037

  • 11d · Fees: lobbying

    total $4,708,825

  • 11f · Fees: investment management

    total $17,740

  • 11g · Fees: other

    total $11,730,685

  • 12 · Advertising and promotion

    total $7,602,966

  • 13 · Office expenses

    total $1,078,570

  • 14 · Information technology

    total $262,421

  • 16 · Occupancy

    total $1,080,060

  • 17 · Travel

    total $1,105,196

  • 19 · Conferences, conventions and meetings

    total $3,613,761

  • 22 · Depreciation, depletion and amortization

    total $413,489

  • 23 · Insurance

    total $58,279

  • 24a · Other expenses: ADVOCACY

    total $9,725,000

  • 24b · Other expenses: GRASSTOPS

    total $1,951,230

  • 24c · Other expenses: CONTENT DEVELOPMENT

    total $474,811

  • 24d · Other expenses: DUES & SUBSCRIPTIONS

    total $75,722

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $11,399,666 · end of year $11,345,935

  • 2 · Savings and temporary cash investments

    beginning of year $9,358,158 · end of year $10,342,063

  • 4 · Accounts receivable

    beginning of year $732,246 · end of year $1,991,484

  • 9 · Prepaid expenses and deferred charges

    beginning of year $506,625 · end of year $826,089

  • 10a · Land, buildings and equipment: cost or other basis

    $2,643,042

  • 10b · Land, buildings and equipment: accumulated depreciation

    $1,976,420

  • 10c · Land, buildings and equipment, net

    beginning of year $1,063,243 · end of year $666,622

  • 11 · Investments: publicly traded securities

    beginning of year $748,339 · end of year $748,417

  • 15 · Other assets

    beginning of year $1,552,148 · end of year $1,027,071

  • 17 · Accounts payable and accrued expenses

    beginning of year $2,307,558 · end of year $3,065,298

  • 19 · Deferred revenue

    beginning of year $1,331,011 · end of year $4,073,697

  • 25 · Other liabilities

    beginning of year $8,146,400 · end of year $6,648,395

  • 27 · Net assets without donor restrictions

    beginning of year $13,575,456 · end of year $13,160,291

Mission and programs · 2023

Mission

PCMA'S VISION AND MISSION ARE TO HELP PEOPLE OPTIMIZE PRESCRIPTION DRUG THERAPY TO LIVE HEALTHIER LIVES. WE STRIVE TO CREATE A FAVORABLE PUBLIC POLICY AND BUSINESS ENVIRONMENT FOR THE PHARMACEUTICAL CARE BENEFITS MANAGERS INDUSTRY (PBM) TO ACHIEVE POSITIVE HEALTHCARE OUTCOMES FOR PATIENTS BY MANAGING ACCESS TO APPROPRIATE, AFFORDABLE, AND SAFE PRESCRIPTION DRUGS.

Activities or mission (Part I)

SEE SCHEDULE OTHE PHARMACEUTICAL CARE MANAGEMENT ASSOCIATION (PCMA) IS THE NATIONAL ASSOCIATION REPRESENTING AMERICA'S PHARMACY BENEFIT MANAGERS (PBMS). PBMS ADMINISTER PRESCRIPTION DRUG PLANS FOR MORE THAN 270 MILLION AMERICANS WHO HAVE HEALTH INSURANCE FROM A VARIETY OF SPONSORS INCLUDING: COMMERCIAL HEALTH PLANS, SELF-INSURED EMPLOYER PLANS, UNION PLANS, MEDICARE PART D PLANS, THE FEDERAL EMPLOYEES HEALTH BENEFITS PROGRAM (FEHBP), STATE GOVERNMENT EMPLOYEE PLANS, MANAGED MEDICAID PLANS, AND OTHERS.

  • PCMA SHAPES PRO-PBM FEDERAL AND STATE LEGISLATIVE AND REGULATORY ENVIRONMENTS BY ADVANCING PCMA MEMBER COMPANY APPROVED POLICY PRIORITIES.

  • PCMA'S OBJECTIVE IS TO BUILD A FOUNDATIONAL UNDERSTANDING OF THE VALUE OF THE PBM INDUSTRY AMONG FEDERAL AND STATE POLICYMAKERS, THOUGHT LEADERS AND THE MEDIA.

  • PCMA'S GOAL IS TO DEEPEN THE PBM'S RELATIONSHIP WITH PATIENT GROUPS, HEALTHCARE PROVIDERS, PAYORS, DRUG MAKERS AND OTHER STAKEHOLDERS IN THE PHARMACEUTICAL SUPPLY CHAIN TO FIND AREAS OF ALIGNMENT THAT WILL BUILD STRATEGIES TO MITIGATE CONFLICTS AND BUILD POSITIVE RELATIONSHIPS BETWEEN INDUSTRIES.

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Patrick Conway

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Chris Dupaul

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • William Fleming

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • James Gartner

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • David Joyner

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Mostafa Kamal

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Adam Kautzner

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Paul Marchetti

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Ray Marsella

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Juan Carlos Scott

    PRESIDENT & CEO

    Total calculated
    $1,533,396
    From this org
    $1,428,471
    From related orgs
    $0
    Other
    $104,925
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $1,052,781
    Bonus
    $375,000
    Other
    $690
    Deferred
    $69,750
    Nontaxable benefits
    $35,175
    Filer's total
    $1,533,396

  • Kristin Bass

    CHIEF POLICY AND EXTERNAL AFFAIRS OFFICER

    Total calculated
    $1,097,226
    From this org
    $1,004,698
    From related orgs
    $0
    Other
    $92,528
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $606,938
    Bonus
    $393,800
    Other
    $3,960
    Deferred
    $69,750
    Nontaxable benefits
    $22,778
    Filer's total
    $1,097,226

  • Brian McCarthy

    CHIEF STRATEGY AND BUSINESS OPERATIONS OFFICER

    Total calculated
    $1,088,551
    From this org
    $979,350
    From related orgs
    $0
    Other
    $109,201
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $609,170
    Bonus
    $368,800
    Other
    $1,380
    Deferred
    $69,750
    Nontaxable benefits
    $39,451
    Filer's total
    $1,088,551

  • John S Linehan

    GENERAL COUNSEL

    Total calculated
    $652,988
    From this org
    $571,750
    From related orgs
    $0
    Other
    $81,238
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $435,770
    Bonus
    $135,680
    Other
    $300
    Deferred
    $45,750
    Nontaxable benefits
    $35,488
    Filer's total
    $652,988

  • Agnita Kote

    CHIEF FINANCIAL OFFICER

    Total calculated
    $347,428
    From this org
    $292,999
    From related orgs
    $0
    Other
    $54,429
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $239,229
    Bonus
    $53,500
    Other
    $270
    Deferred
    $36,000
    Nontaxable benefits
    $18,429
    Filer's total
    $347,428

  • Lauren Rowley

    SVP STATE AFFAIRS

    Total calculated
    $750,335
    From this org
    $683,946
    From related orgs
    $0
    Other
    $66,389
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $438,351
    Bonus
    $243,015
    Other
    $2,580
    Deferred
    $45,750
    Nontaxable benefits
    $20,639
    Filer's total
    $750,335

  • Katie Payne

    SVP STRATEGIC COMMUNICATIONS

    Total calculated
    $689,982
    From this org
    $604,160
    From related orgs
    $0
    Other
    $85,822
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $485,393
    Bonus
    $118,467
    Other
    $300
    Deferred
    $45,750
    Nontaxable benefits
    $40,072
    Filer's total
    $689,982

  • Jonathan Heafitz

    VP FEDERAL AFFAIRS

    Total calculated
    $623,647
    From this org
    $541,779
    From related orgs
    $0
    Other
    $81,868
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $347,219
    Bonus
    $193,660
    Other
    $900
    Deferred
    $45,750
    Nontaxable benefits
    $36,118
    Filer's total
    $623,647

  • Lucia Lebens

    SVP FEDERAL AFFAIRS

    Total calculated
    $565,635
    From this org
    $488,670
    From related orgs
    $0
    Other
    $76,965
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $365,108
    Bonus
    $123,250
    Other
    $312
    Deferred
    $45,750
    Nontaxable benefits
    $31,215
    Filer's total
    $565,635

  • Tim Dube

    VP REGULATORY AFFAIRS

    Total calculated
    $548,791
    From this org
    $471,020
    From related orgs
    $0
    Other
    $77,771
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $353,720
    Bonus
    $117,000
    Other
    $300
    Deferred
    $45,750
    Nontaxable benefits
    $32,021
    Filer's total
    $548,791

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Independent compensation consultant
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

  • PCMA FOUNDATION

    $100,000

    SUPPORT ACADEMIC RESEARCH ON MEDICAL CARE

  • JOBS FIRST COALITION

    $50,000

    POLITICAL GIVING

  • FRIENDS OF RANDY FINE

    $20,000

    POLITICAL GIVING

  • CALIFORNIA DEMOCRATIC PARTY

    $15,000

    POLITICAL GIVING

  • COMMITTEE TO ELECT A REPUBLICAN SENATE

    $12,000

    POLITICAL GIVING

  • REPUBLICAN ASSEMBLY CAMPAIGN COMMITTEE

    $12,000

    POLITICAL GIVING

  • NEVADA INAUGURAL COMMITTEE

    $10,000

    POLITICAL GIVING

  • REPUBLICAN LEGISLATIVE VICTORY FUND

    $10,000

    POLITICAL GIVING

  • BILL LEE INAUGURAL

    $7,500

    POLITICAL GIVING

  • ELECTION FUND OF JOSEPH VITALE

    $6,200

    POLITICAL GIVING

The 10 largest by cash amount. The API serves every itemized grant.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

  • PCMA FOUNDATION

    501(C)(3) · RESEARCH ON PRESCRIPTION DRUG MANAGEMENT AND OTHER CHARITABLE ACTIVITIES · DC · controlled entity

    Directly controlled by PCMA

  • PCMA PAC

    527 · PAC · DC · controlled entity

    Directly controlled by PCMA

Provenance

Return type
form_990
Tax year
2023
Filed
12 November 2024
IRS schema version
2023v5.1
Source object
202443199349304014

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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