Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1e · Government grants (contributions)

  $4,563,502

• 1f · All other contributions, gifts and grants

  $1,576,529

• 2a · Program service revenue: CERTIFICATION

  total $10,557,746 · related or exempt $10,557,746

• 2b · Program service revenue: MEETINGS & EDUCATIONAL

  total $10,294,998 · related or exempt $10,294,998

• 2c · Program service revenue: PUBLICATIONS

  total $5,155,786 · related or exempt $5,155,786

• 2d · Program service revenue: MEMBERSHIP DUES

  total $3,293,615 · related or exempt $3,293,615

• 2e · Program service revenue: ADVERTISING

  total $1,289,687 · unrelated business $1,289,687

• 3 · Investment income

  total $1,861,493 · excluded $1,861,493

• 5 · Royalties

  total $776,085 · excluded $776,085

• 6a · Gross rents

  real property $9,054,114

• 6b · Less rental expenses

  real property $8,315,694

• 6c · Rental income or loss

  real property $738,420

• 6d · Net rental income or loss

  total $738,420 · unrelated business $738,420

• 7a · Gross sales of assets other than inventory

  securities $4,621,454

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

  securities $3,734,512 · other assets $13,055

• 7c · Gain or loss

  securities $886,942 · other assets -$13,055

• 7d · Net gain or loss

  total $873,887 · excluded $873,887

• 11a · Other revenue: OTHER INVESTMENT INCOM

  total $820,000 · excluded $820,000

• 11b · Other revenue: GARAGE RENTAL INCOME

  total $804,319 · related or exempt $310,019 · unrelated business $494,300

• 11c · Other revenue: TERRACE RENTAL INCOME

  total $567,659 · unrelated business $567,659

• 11d · All other revenue

  total $396,403 · excluded $396,403

• 11e · Other revenue, total

  $2,588,381

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $118,395

• 3 · Grants to foreign organizations and individuals

  total $50,283

• 5 · Compensation of officers, directors and key employees

  total $3,003,715

• 7 · Other salaries and wages

  total $12,173,492

• 8 · Pension plan contributions

  total $528,644

• 9 · Other employee benefits

  total $1,158,044

• 10 · Payroll taxes

  total $903,606

• 11b · Fees: legal

  total $153,799

• 11c · Fees: accounting

  total $76,125

• 11f · Fees: investment management

  total $267,853

• 11g · Fees: other

  total $5,169,969

• 13 · Office expenses

  total $1,151,143

• 14 · Information technology

  total $1,491,484

• 16 · Occupancy

  total $21,860

• 17 · Travel

  total $916,422

• 19 · Conferences, conventions and meetings

  total $3,138,768

• 20 · Interest

  total $1,371,242

• 22 · Depreciation, depletion and amortization

  total $2,374,425

• 23 · Insurance

  total $273,130

• 24a · Other expenses: STRATEGIC OPPORTUNITY F

  total $726,905

• 24b · Other expenses: PUBLICATION AND EDITORI

  total $239,512

• 24c · Other expenses: INCOME/FRANCHISE TAXES

  total $107,575

• 24d · Other expenses: PROFESSTIONAL DUES & SU

  total $62,222

• 24e · All other expenses

  total $754,858

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $1,506 · end of year $398

• 2 · Savings and temporary cash investments

  beginning of year $24,472,849 · end of year $18,287,323

• 4 · Accounts receivable

  beginning of year $10,307,450 · end of year $7,995,912

• 8 · Inventories for sale or use

  beginning of year $225,521 · end of year $269,828

• 9 · Prepaid expenses and deferred charges

  beginning of year $934,468 · end of year $830,096

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

  $118,034,466

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

  $58,764,405

• 10c · Land, buildings and equipment, net

  beginning of year $63,348,639 · end of year $59,270,061

• 11 · Investments: publicly traded securities

  beginning of year $60,758,969 · end of year $58,020,760

• 14 · Intangible assets

  beginning of year $258,464 · end of year $258,464

• 15 · Other assets

  beginning of year $3,579,002 · end of year $2,548,235

• 17 · Accounts payable and accrued expenses

  beginning of year $10,778,023 · end of year $7,373,368

• 19 · Deferred revenue

  beginning of year $8,250,974 · end of year $4,598,921

• 23 · Secured mortgages and notes payable

  beginning of year $110,663,197 · end of year $108,584,639

• 24 · Unsecured notes and loans payable

  beginning of year $1,857 · end of year $0

• 25 · Other liabilities

  beginning of year $5,029,957 · end of year $997,498

• 27 · Net assets without donor restrictions

  beginning of year $29,019,752 · end of year $25,781,061

• 28 · Net assets with donor restrictions

  beginning of year $143,108 · end of year $145,590

The filer's explanations (Part III)

PART I, LINE 1A

MR. KNOER WAS PERMITTED AN ALLOWANCE FOR TRAVEL FOR HIS PARTNER, UP TO $10,000; HE WAS ALSO PROVIDED A MEMBERSHIP TO A BUSINESS/SOCIAL CLUB. THESE AMOUNTS WERE NOT TREATED AS TAXABLE COMPENSATION.

PART I, LINE 4A

A SEVERANCE PAYMENT OF $382,740 WAS PAID TO SCOTT KNOER.

Disregarded entities

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

• 2200 C STREET LLC

  REAL ESTATE · DE · income $9,054,114 · assets $101,452,860

  Directly controlled by AMERICAN PHARMACISTS ASSOCIATION

• PHARMACY PROFILES LLC

  CREDENTIAL VERIFICATION · DC · income $1,423,402 · assets $1,618,872

  Directly controlled by AMERICAN PHARMACISTS ASSOCIATION

• THE APHA PHARMACY ADVANCEMENT LEGAL DEFENSE FUND LLC

  ADVOCACY EFFORTS · DC · income $60,300 · assets $157,728

  Directly controlled by AMERICAN PHARMACISTS ASSOCIATION