Totals
- Total revenue
- $20,429,448
- Total expenses
- $21,985,458
- Contributions and grants received
- $20,417,048
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $12,400
- Total assets, end of year
- $35,573
- Total liabilities, end of year
- $200
- Net assets or fund balances, end of year
- $35,373
- Program services expenses (Part IX)
- $19,928,497
- Management and general expenses
- $2,056,961
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $19,928,497
Program services were 90.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
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
$20,417,048
-
3 · Investment income
total $0
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6d · Net rental income or loss
total $0
-
7d · Net gain or loss
total $0
-
8c · Net income from fundraising events
total $0
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11a · Other revenue: MISC. REVENUE
total $12,400 · related or exempt $12,400
-
11e · Other revenue, total
$12,400
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $0
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $0
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $0
-
10 · Payroll taxes
total $0
-
11a · Fees: management
total $2,035,000 · management and general $2,035,000
-
11b · Fees: legal
total $10,455 · management and general $10,455
-
11c · Fees: accounting
total $11,012 · management and general $11,012
-
11d · Fees: lobbying
total $255,050 · program services $255,050
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $19,666,550 · program services $19,666,186 · management and general $364
-
12 · Advertising and promotion
total $0
-
13 · Office expenses
total $130 · management and general $130
-
14 · Information technology
total $0
-
15 · Royalties
total $0
-
16 · Occupancy
total $0
-
17 · Travel
total $7,261 · program services $7,261
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $0
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $0
-
23 · Insurance
total $0
-
24e · All other expenses
total $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,591,483 · end of year $35,573
-
2 · Savings and temporary cash investments
beginning of year $100 · end of year $0
-
3 · Pledges and grants receivable
end of year $0
-
4 · Accounts receivable
end of year $0
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
end of year $0
-
8 · Inventories for sale or use
end of year $0
-
9 · Prepaid expenses and deferred charges
end of year $0
-
10c · Land, buildings and equipment, net
end of year $0
-
11 · Investments: publicly traded securities
end of year $0
-
12 · Investments: other securities
end of year $0
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
end of year $0
-
22 · Loans and payables to officers and key people
beginning of year $200 · end of year $200
-
31 · Retained earnings, endowment or other funds
beginning of year $1,591,383 · end of year $35,373
Mission and programs · 2023
Mission
TO RESTORE SAVINGS AND AFFORDIBILITY FOR PURCHASERS OF PRESCRIPTION MEDICINES BY MAKING PBMS ACCOUNTABLE FOR DELIVERING THE HIGHEST POSSIBLE SAVINGS - THAT IS, THE MOST AFFORDABLE PRESCRIPTION DRUG PRICING - TO GROUP PURCHASERS AND INDIVIDUAL PATIENTS
-
BUILT A PUBLIC EDUCATION COALITION BASED ON FINDING COMMON GROUND BETWEEN LABOR, EMPLOYERS, PATIENTS AND TAXPAYERS COMMITTED TO THE MISSION OF THE PBM ACCOUNTABILITY PROJECT TO HOLD PBMS ACCOUNTABLE FOR ENSURING THAT THE PRESCRIPTION DRUG MARKET PLACE MEETS THE NEEDS OF PATIENTS AND OTHER PURCHASERS OF MEDICINE.
Expenses $11,957,098 · Revenue $12,257,669
-
EDUCATED STATE LEGISLATIVE STAFF AND APPPOINTEES ON IMPLEMENTATION OF POLICIES THAT ADVANCE THE MISSION OF THE PBM ACCOUNTABILITY PROJECT. OUR EDUCATION PROGRAMS CONTRIBUTED TO ENACTMENT OF STATE PBM REFORMS.
Expenses $7,971,399 · Revenue $8,171,779
As filed on the 2023 return.
Listed in Part VII
-
Douglas H DorityDOUGLAS H DORITY
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Kendall MartinKENDALL MARTIN
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Steve SleighSTEVE SLEIGH
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Mark BlumMARK BLUM
GENERAL MANAGER
- Total calculated
- $0
- Hours/week
- 8
-
Michael KapsaMICHAEL KAPSA
SECRETARY/TREAS
- Total calculated
- $0
- Hours/week
- 4
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.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 15 May 2024
- IRS schema version
- 2023v5.0
- Source object
- 202431369349307673
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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