Skip to content
Nonprofiteer
← NATIONAL ASSOCIATION OF BOARDS OF PHARMACY

Form 990 for tax year 2025

Filed by NATIONAL ASSOCIATION OF BOARDS OF PHARMACY.

Totals

Total revenue
$50,561,636
Total expenses
$48,516,908
Contributions and grants received
$898,406
Grants paid
$6,925
Program services expenses (Part IX)
$30,729,249
Management and general expenses
$17,787,659
Fundraising expenses
$0
Program service expenses (Part III)
$30,729,249

Program services were 63.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • JEFFREY J MESAROS

    CHAIRMAN

    Total calculated
    $5,000
    From this org
    $5,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    3 + 1 related
  • BRADLEY S HAMILTON

    PRESIDENT

    Total calculated
    $8,000
    From this org
    $8,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    5 + 3 related
  • NICOLE L CHOPSKI

    PRESIDENT-ELECT

    Total calculated
    $5,000
    From this org
    $5,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    3 + 1 related
  • SHANE R WENDEL

    TREASURER

    Total calculated
    $5,000
    From this org
    $5,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    3 + 1 related
  • STACEY RANUCCI

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3 + 1 related
  • DAVID G BOWYER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3 + 1 related
  • TRACI COLLIER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3 + 1 related
  • STEVEN W SCHIERHOLT

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3 + 1 related
  • DIANE M HALVORSON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3 + 1 related
  • DEBORAH C MACK

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3 + 1 related
  • MATTHEW R MARTINEAU

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3 + 1 related
  • KAMLESH GANDHI

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3 + 1 related
  • LEMREY AL CARTER

    EXECUTIVE DIRECTOR/SECRETARY

    Total calculated
    $767,461
    From this org
    $691,810
    From related orgs
    $0
    Other
    $75,651
    Hours/week
    35 + 3 related

    Schedule J breakdown matched by us

    Base
    $625,052
    Bonus
    $63,000
    Other
    $3,758
    Deferred
    $42,000
    Nontaxable benefits
    $33,651
    Filer's total
    $767,461
  • THERESE ERTLER

    CHIEF FINANCIAL OFFICER

    Total calculated
    $255,961
    From this org
    $217,877
    From related orgs
    $0
    Other
    $38,084
    Hours/week
    35

    Schedule J breakdown matched by us

    Base
    $209,877
    Bonus
    $8,000
    Other
    $0
    Deferred
    $26,132
    Nontaxable benefits
    $11,952
    Filer's total
    $255,961
  • PATRICIA MILAZZO

    ASSOCIATE EXECUTIVE DIRECTOR

    Total calculated
    $359,121
    From this org
    $303,849
    From related orgs
    $0
    Other
    $55,272
    Hours/week
    35

    Schedule J breakdown matched by us

    Base
    $294,549
    Bonus
    $9,300
    Other
    $0
    Deferred
    $36,884
    Nontaxable benefits
    $18,388
    Filer's total
    $359,121
  • MELISSA BECKER

    ASSOCIATE EXECUTIVE DIRECTOR

    Total calculated
    $315,632
    From this org
    $264,112
    From related orgs
    $0
    Other
    $51,520
    Hours/week
    35

    Schedule J breakdown matched by us

    Base
    $256,112
    Bonus
    $8,000
    Other
    $0
    Deferred
    $32,002
    Nontaxable benefits
    $19,518
    Filer's total
    $315,632
  • JOSHUA M BOLIN

    ASSOCIATE EXECUTIVE DIRECTOR

    Total calculated
    $448,178
    From this org
    $377,453
    From related orgs
    $0
    Other
    $70,725
    Hours/week
    35

    Schedule J breakdown matched by us

    Base
    $367,453
    Bonus
    $10,000
    Other
    $0
    Deferred
    $42,000
    Nontaxable benefits
    $28,725
    Filer's total
    $448,178
  • WILLIAM J COVER

    ASSOCIATE EXECUTIVE DIRECTOR

    Total calculated
    $341,023
    From this org
    $278,515
    From related orgs
    $0
    Other
    $62,508
    Hours/week
    35

    Schedule J breakdown matched by us

    Base
    $267,515
    Bonus
    $11,000
    Other
    $0
    Deferred
    $33,829
    Nontaxable benefits
    $28,679
    Filer's total
    $341,023
  • M GIBBONS

    ASSOCIATE EXECUTIVE DIRECTOR

    Total calculated
    $314,946
    From this org
    $263,402
    From related orgs
    $0
    Other
    $51,544
    Hours/week
    35

    Schedule J breakdown matched by us

    Base
    $255,402
    Bonus
    $8,000
    Other
    $0
    Deferred
    $32,051
    Nontaxable benefits
    $19,493
    Filer's total
    $314,946
  • PRASEED THAPPARAMBIL

    CHIEF TECHNOLOGY OFFICER

    Total calculated
    $334,891
    From this org
    $272,960
    From related orgs
    $0
    Other
    $61,931
    Hours/week
    35

    Schedule J breakdown matched by us

    Base
    $262,206
    Bonus
    $10,754
    Other
    $0
    Deferred
    $33,233
    Nontaxable benefits
    $28,698
    Filer's total
    $334,891

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 — 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

  • 7 · Other non-fixed payments

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 7
BONUSES ARE DETERMINED USING ELIGIBLE EARNINGS, A BONUS TARGET PERCENTAGE, THE INDIVIDUAL'S PERFORMANCE FACTOR, THE ASSOCIATION'S FINANCIAL PERFORMANCE, AND THE ASSOCIATION'S ACHIEVEMENT OF ESTABLISHED INITIATIVES FOR THE YEAR. ANY EXCEPTIONS MUST BE DESIGNATED IN WRITING AND APPROVED BY THE EXECUTIVE DIRECTOR.

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.

Provenance

Return type
form_990
Tax year
2025
IRS schema version
2025v4.2
Source object
202642239349300404

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