Skip to content
Nonprofiteer
← NCPA INNOVATION CENTER

Form 990 for tax year 2022

Filed by NCPA INNOVATION CENTER.

Totals

Total revenue
$2,180,147
Total expenses
$1,852,827
Contributions and grants received
$75,000
Grants paid
$2,381
Program service revenue
$2,084,712
Investment income
$0
Other revenue
$20,435
Total assets, end of year
$360,914
Total liabilities, end of year
$643,636
Net assets or fund balances, end of year
-$282,722
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.

  • 1f · All other contributions, gifts and grants

    $75,000

  • 2a · Program service revenue: EDUCATIONAL PROGRAMS

    total $2,073,024 · related or exempt $2,029,524 · excluded $43,500

  • 2b · Program service revenue: PUBLICATIONS

    total $11,688 · related or exempt $11,688

  • 11a · Other revenue: OTHER REVENUE

    total $20,435 · excluded $20,435

  • 11e · Other revenue, total

    $20,435

Functional expenses

Part IX, the statement of functional expenses.

  • 2 · Grants to domestic individuals

    total $2,381

  • 11a · Fees: management

    total $1,300,000

  • 11c · Fees: accounting

    total $10,502

  • 11g · Fees: other

    total $105,354

  • 13 · Office expenses

    total $15,961

  • 14 · Information technology

    total $37,054

  • 15 · Royalties

    total $27,400

  • 17 · Travel

    total $57,273

  • 19 · Conferences, conventions and meetings

    total $138,678

  • 24a · Other expenses: PROGRAM DEVELOPMENT

    total $152,980

  • 24b · Other expenses: CC FEES

    total $5,194

  • 24c · Other expenses: LICENSE & OTHER FEES

    total $50

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $135,166 · end of year $36,001

  • 4 · Accounts receivable

    beginning of year $361,706 · end of year $188,275

  • 9 · Prepaid expenses and deferred charges

    beginning of year $48,110 · end of year $48,303

  • 15 · Other assets

    beginning of year $0 · end of year $88,335

  • 17 · Accounts payable and accrued expenses

    beginning of year $83,036 · end of year $44,753

  • 19 · Deferred revenue

    beginning of year $432,180 · end of year $598,883

  • 25 · Other liabilities

    beginning of year $639,808 · end of year $0

  • 27 · Net assets without donor restrictions

    beginning of year -$610,042 · end of year -$282,722

Mission and programs · 2022

Mission

THE NCPA INNOVATION CENTER IS A SUPPORTING ORGANIZATION OF NCPA WHOSE MISSION IS TO FURTHER ASSIST AND ACCELERATE THE EVOLUTION OF INDEPENDENT COMMUNITY PHARMACIES IN THE CHANGING HEALTH CARE ENVIRONMENT. CURRENTLY, THESE CHANGES INCLUDE:-VALUE-BASED CARE DELIVERY THROUGH THE CLINICALLY INTEGRATED NETWORK (CPESN)-A GROWING FOCUS ON VALUE AND QUALITY-BASED PAYMENTS AND DECLINING PRODUCT REIMBURSEMENTS-THE INTEGRATION OF HEALTH CARE PROVIDER TEAMS INCLUDING PHARMACISTS-AN INCREASE IN CONSUMER-DRIVEN HEALTH CARE-AN INCREASE IN THE SERVICES THAT CAN BE PROVIDED IN A COMMUNITY PHARMACY SETTING-THE INFLUENCE OF THE DIGITALIZATION OF HEALTH CARE AND BUSINESS

Activities or mission (Part I)

TO PROMOTE, FURTHER AND ADVANCE THE COMMON BUSINESS INTERESTS OF COMMUNITY PHARMACIES.

  • PRACTICE TRANSFORMATION/EDUCATION OPPORTUNITIES - WHETHER YOU ARE A PHARMACY OWNER, STAFF PHARMACIST, OR PHARMACY TECHNICIAN, NCPA CAN HELP YOU MEET YOUR CONTINUING EDUCATION REQUIREMENTS THROUGH A MIX OF LIVE AND ONLINE CE ACTIVITIES.1. DIABETES ACCREDITATION BOOT CAMP - IS A TURNKEY ONLINE COURSE THAT WILL HELP PREPARE YOU FOR DSME (DIABETES SELF-MANAGEMENT EDUCATION) ACCREDITATION SO YOU CAN FINALLY START BILLING MEDICARE AND OTHER PAYERS FOR THE DIABETES EDUCATION YOU PROVIDE.2. PHARMACY-BASED POINT-OF-CARE TESTING CERTIFICATE COURSE - POINT-OF-CARE TESTING IS A NATURAL NICHE AND A CRITICAL COMPONENT OF YOUR SERVICE REVENUE MODEL MOVING FORWARD. THE PHARMACY-BASED POINT-OF-CARE TEST AND TREAT NATIONAL CERTIFICATE PROGRAM PROVIDES AN OPPORTUNITY TO GAIN THE SKILLS AND INFORMATION NECESSARY TO DEVELOP A TESTING PROGRAM FOR CORONAVIRUSES, INFLUENZA, GROUP A STREPTOCOCCUS, HIV, AND HEPATITIS C. GET THE NUTS-AND-BOLTS ON HOW TO ESTABLISH A THRIVING COMMUNITY PHARMACY-BASED POCT PROGRAM.

  • CDC DPP - UTILIZE PHARMACIST AND PHARMACY TECHNICIANS TO RECRUIT AND ENROLL UNDERSERVED PATIENTS INTO THE NATIONAL DPP LIFESTYLE CHANGE PROGRAM THROUGH MEDICATION SYNCHRONIZATION, IMMUNIZATIONS, AND OTHER INNOVATIVE PATIENT CARE SERVICES.

  • OWNERSHIP WORKSHOP - THE NCPA INNOVATION CENTER OFFERS A PROVEN RESOURCE JUST FOR YOU: IT'S AN INTENSIVE THREE-DAY EVENT FOR PHARMACISTS CONSIDERING PHARMACY OWNERSHIP OR CURRENT OWNERS LOOKING TO POLISH THEIR MANAGEMENT SKILLS. IT'S A SOUP-TO-NUTS CRASH COURSE ON PHARMACY OWNERSHIP, WHETHER YOU'RE STARTING FROM THE GROUND UP, PURCHASING AN EXISTING STORE, OR EXPANDING TO BECOME A MULTI-STORE OWNER. OUR TEAM OF EXPERTS ANSWER THE NITTY-GRITTY QUESTIONS ABOUT THE LOAN APPROVAL PROCESS, LICENSURE AGREEMENTS, CREATING A START-UP CHECKLIST, WRITING A BUSINESS PLAN, DESIGNING AN EFFECTIVE STORE LAYOUT, AND MUCH MORE.

  • CPESN COMMUNITY PHARMACY FELLOWSHIP, - SPONSORED BY GOOD NEIGHBOR PHARMACY, IS AN INTENSIVE 12-MONTH TRAINING PROGRAM OPEN TO ALL PRACTICING PHARMACISTS WORKING AT A CPESN USA PHARMACY. CPESN PHARMACIES CAN SPECIFICALLY HIRE A FELLOW OR ENROLL A CURRENT EMPLOYEE IN THE FELLOWSHIP. THE FELLOWS WOULD PARTICIPATE IN REGULAR DISCUSSION GROUPS WITH THEIR CO-FELLOWS, AS WELL AS, EDUCATIONAL WEBINARS ON CORE TOPICS LED BY A CENTRALIZED FACULTY INCLUDING LUMINARIES AND ACT FACULTY THAT INSTRUCT THEM HOW TO IMPLEMENT CLINICAL SERVICES.

  • ADHERENCE/SIMPLIFY MY MEDS - SIMPLIFY MY MEDS IS A TURNKEY ADHERENCE PROGRAM DEVELOPED FOR THE EXCLUSIVE USE OF NCPA MEMBERS. THE FREE PROGRAM PROVIDES PHARMACIES WITH TOOLS AND TRAINING TO IMPLEMENT A MEDICATION SYNCHRONIZATION PROGRAM.

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Doug Hoey

    CHAIRMAN

    Total calculated
    $637,583
    From this org
    $0
    From related orgs
    $604,354
    Other
    $33,229
    Hours/week
    2 + 42 related

    Schedule J breakdown matched by us

    Base
    $0 + $604,354 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $15,649 related
    Nontaxable benefits
    $0 + $17,580 related
    Filer's total
    $0 + $637,583 related
  • Kurt Proctor

    PRESIDENT

    Total calculated
    $273,555
    From this org
    $0
    From related orgs
    $260,893
    Other
    $12,662
    Hours/week
    2 + 42 related

    Schedule J breakdown matched by us

    Base
    $0 + $260,893 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $12,662 related
    Nontaxable benefits
    $0
    Filer's total
    $0 + $273,555 related
  • Jeff Key

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2 + 2 related
  • Pj Agarwal

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2 + 2 related
  • Tripp Logan

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2 + 2 related
  • Jeanine Singer

    TRUSTEE (FROM 10/2022)

    Total calculated
    $0
    Hours/week
    2 + 2 related
  • Mike McBride

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2 + 2 related
  • Joe Moose

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2 + 2 related
  • Brian Nightengale

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2 + 2 related
  • Michele Belcher

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2 + 4 related
  • Hugh Chancy

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2 + 4 related
  • Pam Schweitzer

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2 + 2 related
  • Amina Abubakar

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2 + 2 related
  • Chris Lanctot

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2 + 2 related
  • Rex Catton

    TRUSTEE (UNTIL 10/2022)

    Total calculated
    $0
    Hours/week
    2 + 2 related
  • Jeff Carson

    TRUSTEE (UNTIL 2/2023)

    Total calculated
    $0
    Hours/week
    2 + 4 related
  • Stephen Albert

    SR VP & CFO

    Total calculated
    $235,648
    From this org
    $0
    From related orgs
    $224,437
    Other
    $11,211
    Hours/week
    4 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $224,437 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $11,211 related
    Nontaxable benefits
    $0
    Filer's total
    $0 + $235,648 related
  • Patrick Berryman

    COO

    Total calculated
    $304,675
    From this org
    $0
    From related orgs
    $273,578
    Other
    $31,097
    Hours/week
    2 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $273,578 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $13,517 related
    Nontaxable benefits
    $0 + $17,580 related
    Filer's total
    $0 + $304,675 related
  • Beverly Martin

    SR VP & CHIEF OF STAFF

    Total calculated
    $254,793
    From this org
    $0
    From related orgs
    $232,049
    Other
    $22,744
    Hours/week
    2 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $232,049 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $10,035 related
    Nontaxable benefits
    $0 + $12,709 related
    Filer's total
    $0 + $254,793 related
  • Matt Sieler

    GENERAL COUNSEL

    Total calculated
    $309,103
    From this org
    $0
    From related orgs
    $295,000
    Other
    $14,103
    Hours/week
    4 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $295,000 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $14,103 related
    Nontaxable benefits
    $0
    Filer's total
    $0 + $309,103 related
  • John Mozloom

    VP OF PUBLIC AFFAIRS

    Total calculated
    $225,532
    From this org
    $0
    From related orgs
    $197,973
    Other
    $27,559
    Hours/week
    2 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $197,973 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $9,979 related
    Nontaxable benefits
    $0 + $17,580 related
    Filer's total
    $0 + $225,532 related

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

None.

Answered no

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

The filer's explanations (Part III)

PART I, LINE 3
NCPA IC RELIES ON A RELATED ORGANIZATION, NCPA, TO DETERMINE COMPENSATION OF OFFICERS. NCPA USES THE FOLLOWING METHODS TO ESTABLISH COMPENSATION OF THE CEO: - COMPENSATION COMMITTEE - WRITTEN EMPLOYMENT CONTRACT - COMPENSATION SURVEY OR STUDY - APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE

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

No itemized grants to organizations on this return.

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.

  • NATIONAL COMMUNITY PHARMACISTS ASSOCIATION

    501(C)(6) · MEMBERSHIP ORGANIZATION · VA

  • NCPA PAC

    527 · POLITICAL · VA

    Directly controlled by NCPA

  • NCPA INNOVATION CENTER SERVICES

    501(C)(3) · EDUCATION · VA

    Directly controlled by NCPA

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

  • NCPA ENTERPRISES LLC

    ADMINISTRATIVE SERVICES · VA · income $3,742,179 · assets $1,649,316

    Directly controlled by NCPA

Provenance

Return type
form_990
Tax year
2022
Filed
15 May 2024
IRS schema version
2022v5.0
Source object
202401369349310765

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

The source document this was parsed from is served over the API, which is where bulk and document access live.