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← NATIONAL COMMUNITY PHARMACISTS ASSOCIATION

Form 990 for tax year 2023

Filed by NATIONAL COMMUNITY PHARMACISTS ASSOCIATION.

What the amendment changed

Compared with the return it replaced , filed 15 May 2025. matched by us Only the Part I totals and the names listed in Part VII are compared. We relate returns by organization, tax year and form, and order them by each return's own timestamp; the filer's own "amended return" checkbox is a separate fact.

Listed only on the earlier return

  • MATT SIELER

Listed only on the later return

  • MATT SEILER

Totals

Total revenue
$16,244,856
Total expenses
$16,157,564
Contributions and grants received
$2,104,161
Grants paid
$30,409
Program service revenue
$9,770,057
Investment income
$3,869,712
Other revenue
$500,926
Total assets, end of year
$142,302,527
Total liabilities, end of year
$8,390,175
Net assets or fund balances, end of year
$133,912,352
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

    $2,104,161

  • 2a · Program service revenue: CONVENTION & MEETINGS

    total $4,283,396 · related or exempt $2,231,080 · excluded $2,052,316

  • 2b · Program service revenue: MEMBERSHIP DUES

    total $2,895,673 · related or exempt $2,895,673

  • 2c · Program service revenue: MANAGEMENT FEE

    total $1,300,000 · related or exempt $1,300,000

  • 2d · Program service revenue: COMMUNICATIONS

    total $815,780 · related or exempt $583 · unrelated business $815,197

  • 2e · Program service revenue: LONG-TERM CARE

    total $266,373 · related or exempt $266,373

  • 2f · All other program service revenue

    total $208,835 · related or exempt $208,835

  • 3 · Investment income

    total $1,353,691 · excluded $1,353,691

  • 5 · Royalties

    total $186,302 · excluded $186,302

  • 6a · Gross rents

    real property $255,087

  • 6b · Less rental expenses

    real property $0

  • 6c · Rental income or loss

    real property $255,087

  • 6d · Net rental income or loss

    total $255,087 · excluded $255,087

  • 7a · Gross sales of assets other than inventory

    securities $32,657,238

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

    securities $30,129,723 · other assets $11,494

  • 7c · Gain or loss

    securities $2,527,515 · other assets -$11,494

  • 7d · Net gain or loss

    total $2,516,021 · excluded $2,516,021

  • 11a · Other revenue: OTHER INCOME

    total $59,537 · excluded $59,537

  • 11e · Other revenue, total

    $59,537

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $24,159

  • 2 · Grants to domestic individuals

    total $6,250

  • 5 · Compensation of officers, directors and key employees

    total $2,186,128

  • 7 · Other salaries and wages

    total $5,362,935

  • 8 · Pension plan contributions

    total $614,787

  • 9 · Other employee benefits

    total $441,604

  • 10 · Payroll taxes

    total $481,526

  • 11b · Fees: legal

    total $157,700

  • 11c · Fees: accounting

    total $58,604

  • 11f · Fees: investment management

    total $118,843

  • 11g · Fees: other

    total $711,270

  • 12 · Advertising and promotion

    total $54,093

  • 13 · Office expenses

    total $449,249

  • 14 · Information technology

    total $511,473

  • 16 · Occupancy

    total $964,344

  • 17 · Travel

    total $602,380

  • 19 · Conferences, conventions and meetings

    total $2,252,607

  • 22 · Depreciation, depletion and amortization

    total $370,576

  • 23 · Insurance

    total $157,084

  • 24a · Other expenses: UBI TAX

    total $80,000

  • 24b · Other expenses: CREDIT CARD FEES

    total $152,111

  • 24c · Other expenses: SUBS & PUBS

    total $131,329

  • 24d · Other expenses: ORGANIZATIONAL DUES

    total $123,281

  • 24e · All other expenses

    total $145,231

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $288,245 · end of year $5,061

  • 2 · Savings and temporary cash investments

    beginning of year $2,226,371 · end of year $3,849,501

  • 4 · Accounts receivable

    beginning of year $601,401 · end of year $615,381

  • 9 · Prepaid expenses and deferred charges

    beginning of year $1,010,816 · end of year $661,122

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

    $10,286,084

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

    $4,234,956

  • 10c · Land, buildings and equipment, net

    beginning of year $6,384,469 · end of year $6,051,128

  • 11 · Investments: publicly traded securities

    beginning of year $30,467,526 · end of year $30,105,498

  • 12 · Investments: other securities

    beginning of year $95,171,687 · end of year $96,620,423

  • 15 · Other assets

    beginning of year $4,531,697 · end of year $4,394,413

  • 17 · Accounts payable and accrued expenses

    beginning of year $1,406,503 · end of year $1,418,937

  • 19 · Deferred revenue

    beginning of year $3,070,302 · end of year $2,489,981

  • 25 · Other liabilities

    beginning of year $4,264,678 · end of year $4,481,257

  • 27 · Net assets without donor restrictions

    beginning of year $131,940,729 · end of year $133,912,352

Mission and programs · 2023

Mission

NCPA PROTECTS AND PROMOTES THE INTERESTS OF INDEPENDENT PHARMACISTS WHOSE CURRENT AND FUTURE SUCCESS IS VITAL TO THEIR PATIENTS, THEIR COMMUNITIES, AND THE ENTIRE HEALTHCARE SYSTEM.

Activities or mission (Part I)

DEDICATED TO THE CONTINUING GROWTH AND PROSPERITY OF INDEPENDENT COMMUNITY PHARMACY IN THE UNITED STATES.

  • GOVERNMENT AFFAIRS: NCPA FIGHTS FOR THE INTERESTS OF INDEPENDENT COMMUNITY PHARMACISTS. ONE OF ITS MAIN ACTIVITIES IS EDUCATION. NCPA EDUCATES FEDERAL AND STATE POLICYMAKERS, HEALTH PLAN SPONSORS, HEALTH CARE PROVIDERS, THE NEWS MEDIA, THE PUBLIC, AND OTHER STAKEHOLDERS ABOUT THE IMPORTANT ROLE COMMUNITY PHARMACISTS PLAY IN AMERICA'S HEALTH CARE SYSTEM. NCPA ALSO ENGAGES ITS MEMBERS IN TRADITIONAL GRASSROOTS ACTIVITIES. WHEN NECESSARY, THE ASSOCIATION ADVANCES THE INTERESTS OF LOCAL PHARMACISTS THROUGH THE JUDICIAL SYSTEM AS WELL. NCPA MEMBERS ALSO BENEFIT FROM EXCLUSIVE, TIMELY UPDATES ON THE LATEST CONGRESSIONAL, STATE, AND REGULATORY CHANGES THAT AFFECT THEIR BUSINESSES.

  • CONVENTION AND MEETINGS: NCPA ORGANIZES AN ANNUAL CONVENTION, WHICH IS THE PREEMINENT EDUCATIONAL, BUSINESS DEVELOPMENT, AND NETWORKING OPPORTUNITY FOR INDEPENDENT COMMUNITY PHARMACISTS. EVERY SPRING, NCPA ORGANIZES AND HOSTS ITS CONGRESSIONAL PHARMACY FLY-IN, DURING WHICH NCPA MEMBERS FROM AROUND THE COUNTRY FLY TO WASHINGTON, DC, TO MEET WITH THEIR FEDERAL REPRESENTATIVES ON KEY ISSUES. MULTIPLE LOCATIONS CONFERENCE DELIVERS INSIGHTS AND INFORMATION TO HELP OWNERS PROVIDE MORE EFFECTIVE AND EFFICIENT SERVICES ACROSS MULTI-LOCATIONS

  • COMMUNICATIONS: PUBLISHES "AMERICA'S PHARMACIST" THE FLAGSHIP, MONTHLY PRINTED MAGAZINE FOR INDEPENDENT PHARMACISTS, AS WELL AS ELECTRONIC NEWSLETTERS, FAX COMMUNICATIONS, SOCIAL MEDIA COMMUNICATIONS, NCPA.ORG, AND OTHER MEMBER PUBLICATIONS AND RESOURCES. TO EDUCATE THE MEDIA, KEY STAKEHOLDERS, AND THE PUBLIC, NCPA CONDUCTS TRADITIONAL MEDIA OUTREACH, FEATURING PRESS RELEASES, EDITORIALS, AND LETTERS TO THE EDITOR, AS WELL AS DIGITAL AND VIDEO CONTENT FOR GRASSROOTS AND CONSUMER-FOCUSED OUTREACH.

  • MEMBERSHIP SERVICES: IN ADDITION TO THE BENEFITS OF ADVOCACY ON BEHALF OF THE INDEPENDENT COMMUNITY PHARMACY COMMUNITY AS A WHOLE, NCPA MEMBERS RECEIVE A NUMBER OF EXCLUSIVE BENEFITS. NCPA ASSISTS COMMUNITY PHARMACISTS IN THE BUSINESS MANAGEMENT OF THEIR PRACTICES OFFERING PHARMACISTS EDUCATIONAL PROGRAMS, BEST PRACTICE TOOLS, AND PHARMACY SOLUTION INITIATIVES. THESE INCLUDE COLLEAGUE-TO-COLLEAGUE NETWORKING AND DISCUSSION OPPORTUNITIES FOCUSED ON LATEST INDUSTRY HOT TOPICS; LEADS ON BUYING, SELLING OR FINANCING THE PURCHASE OF AN INDEPENDENT PHARMACY; AND PROGRAMS (LONG TERM CARE, NCPA DIGEST, CORPORATE CREDIT CARDS, ULTA LABS, DISPOSE MY MEDS ETC.) THAT HELP GROW A COMMUNITY PHARMACY'S AND SATISFY THEIR PATIENTS' HEALTH RELATED NEEDS.

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

Listed in Part VII

  • HUGH M CHANCY

    PRESIDENT

    Total calculated
    $36,625
    From this org
    $36,625
    From related orgs
    $0
    Other
    $0
    Hours/week
    2 + 4 related

  • LEA M WOLSONCROFT

    PRESIDENT-ELECT

    Total calculated
    $36,625
    From this org
    $36,625
    From related orgs
    $0
    Other
    $0
    Hours/week
    2

  • JEFF S HARRELL

    CHAIRMAN

    Total calculated
    $24,125
    From this org
    $24,125
    From related orgs
    $0
    Other
    $0
    Hours/week
    2

  • MICHELE M BELCHER

    IMMEDIATE PAST PRESIDENT

    Total calculated
    $21,625
    From this org
    $21,625
    From related orgs
    $0
    Other
    $0
    Hours/week
    2 + 2 related

  • KRISTEN RIDDLE

    BOARD MEMBER

    Total calculated
    $24,125
    From this org
    $24,125
    From related orgs
    $0
    Other
    $0
    Hours/week
    2

  • CHRISTIAN TADRUS

    BOARD MEMBER

    Total calculated
    $24,125
    From this org
    $24,125
    From related orgs
    $0
    Other
    $0
    Hours/week
    2

  • JUSTIN WILSON

    BOARD MEMBER

    Total calculated
    $24,125
    From this org
    $24,125
    From related orgs
    $0
    Other
    $0
    Hours/week
    2

  • DARED PRICE

    BOARD MEMBER

    Total calculated
    $24,125
    From this org
    $24,125
    From related orgs
    $0
    Other
    $0
    Hours/week
    2

  • JOHNATHAN MARQUESS

    BOARD MEMBER

    Total calculated
    $24,125
    From this org
    $24,125
    From related orgs
    $0
    Other
    $0
    Hours/week
    2

  • STEVEN MOORE

    BOARD MEMBER

    Total calculated
    $2,500
    From this org
    $2,500
    From related orgs
    $0
    Other
    $0
    Hours/week
    2

  • B DOUGLAS HOEY

    CEO

    Total calculated
    $641,192
    From this org
    $604,354
    From related orgs
    $0
    Other
    $36,838
    Hours/week
    40 + 4 related

    Schedule J breakdown matched by us

    Base
    $604,354
    Bonus
    $0
    Other
    $0
    Deferred
    $17,580
    Nontaxable benefits
    $19,258
    Filer's total
    $641,192

  • MARK EY

    COO

    Total calculated
    $0
    Hours/week
    40

  • STEPHEN ALBERT

    SR VP & CFO

    Total calculated
    $237,343
    From this org
    $224,437
    From related orgs
    $0
    Other
    $12,906
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $224,437
    Bonus
    $0
    Other
    $0
    Deferred
    $11,178
    Nontaxable benefits
    $1,728
    Filer's total
    $237,343

  • MATT SEILER

    GENERAL COUNSEL

    Total calculated
    $312,077
    From this org
    $295,000
    From related orgs
    $0
    Other
    $17,077
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $295,000
    Bonus
    $0
    Other
    $0
    Deferred
    $15,209
    Nontaxable benefits
    $1,868
    Filer's total
    $312,077

  • KURT PROCTOR - SR VP STRAT

    INIT. & PRES. INNOVATION C

    Total calculated
    $288,357
    From this org
    $260,893
    From related orgs
    $0
    Other
    $27,464
    Hours/week
    40 + 4 related

    Schedule J breakdown matched by us

    Base
    $260,893
    Bonus
    $0
    Other
    $0
    Deferred
    $13,002
    Nontaxable benefits
    $14,462
    Filer's total
    $288,357

  • BEVERLY MARTIN

    SR VP AND CHIEF OF STAFF

    Total calculated
    $256,558
    From this org
    $232,049
    From related orgs
    $0
    Other
    $24,509
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $232,049
    Bonus
    $0
    Other
    $0
    Deferred
    $10,409
    Nontaxable benefits
    $14,100
    Filer's total
    $256,558

  • RONNA HAUSER

    SR VP POLICY AND PHARMACY

    Total calculated
    $265,264
    From this org
    $228,400
    From related orgs
    $0
    Other
    $36,864
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $228,400
    Bonus
    $0
    Other
    $0
    Deferred
    $11,720
    Nontaxable benefits
    $25,144
    Filer's total
    $265,264

  • ANNE CASSITY

    SR VP OF GOVERNMENT AFFAIR

    Total calculated
    $247,670
    From this org
    $227,607
    From related orgs
    $0
    Other
    $20,063
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $227,607
    Bonus
    $0
    Other
    $0
    Deferred
    $11,729
    Nontaxable benefits
    $8,334
    Filer's total
    $247,670

  • JOHN MOZLOOM

    VP OF PUBLIC AFFAIRS

    Total calculated
    $228,711
    From this org
    $197,973
    From related orgs
    $0
    Other
    $30,738
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $197,973
    Bonus
    $0
    Other
    $0
    Deferred
    $10,692
    Nontaxable benefits
    $20,046
    Filer's total
    $228,711

  • NINA DADGAR

    VP OF BUSINESS DEVELOPMENT

    Total calculated
    $244,382
    From this org
    $225,019
    From related orgs
    $0
    Other
    $19,363
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $225,019
    Bonus
    $0
    Other
    $0
    Deferred
    $11,109
    Nontaxable benefits
    $8,254
    Filer's total
    $244,382

  • PATRICK BERRYMAN

    SR. VP SPEC. PROJECTS AND REL.

    Total calculated
    $276,530
    From this org
    $273,578
    From related orgs
    $0
    Other
    $2,952
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $273,578
    Bonus
    $0
    Other
    $0
    Deferred
    $1,493
    Nontaxable benefits
    $1,459
    Filer's total
    $276,530

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 · Compensation committee
  • 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

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.

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 $0 · assets $2,514,252

    Directly controlled by NCPA

Provenance

Return type
form_990
Tax year
2023
Filed
12 June 2025
IRS schema version
2023v6.0
Source object
202511639349301856

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