What the amendment changed
Compared with the return it replaced , filed 1 November 2023. matched by us Only the return's totals, a 990-PF's accounting method and the names listed in Part VII (Part VIII on a 990-PF) 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.
Those are the same on the two returns, so the amendment changed something else.
Totals
- Total revenue
- $13,814,777
- Total expenses
- $10,968,686
- Contributions and grants received
- $317,290
- Grants paid
- $4,130
- Program service revenue
- $12,704,383
- Investment income
- $793,104
- Other revenue
- $0
- Total assets, end of year
- $24,919,877
- Total liabilities, end of year
- $7,359,287
- Net assets or fund balances, end of year
- $17,560,590
- 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
$317,290
-
2a · Program service revenue: MEMBERSHIP DUES
total $6,145,974 · related or exempt $6,145,974
-
2b · Program service revenue: CONFERENCES
total $4,518,411 · unrelated business $7,000 · excluded $4,511,411
-
2c · Program service revenue: CORPORATE PARTNERS
total $1,638,950 · related or exempt $1,638,950
-
2d · Program service revenue: PUBLIC RELATIONS
total $371,000 · related or exempt $371,000
-
2e · Program service revenue: WEBINARS
total $17,770 · related or exempt $17,770
-
2f · All other program service revenue
total $12,278 · unrelated business $12,278
-
3 · Investment income
total $549,337 · excluded $549,337
-
7a · Gross sales of assets other than inventory
securities $969,149
-
7b · Less cost or other basis and sales expenses
securities $720,542 · other assets $4,840
-
7c · Gain or loss
securities $248,607 · other assets -$4,840
-
7d · Net gain or loss
total $243,767 · excluded $243,767
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $4,130
-
5 · Compensation of officers, directors and key employees
total $1,150,456
-
7 · Other salaries and wages
total $3,658,016
-
8 · Pension plan contributions
total $177,579
-
9 · Other employee benefits
total $230,966
-
10 · Payroll taxes
total $291,161
-
11b · Fees: legal
total $233,928
-
11c · Fees: accounting
total $273,683
-
11d · Fees: lobbying
total $522,032
-
11f · Fees: investment management
total $52,841
-
11g · Fees: other
total $637,233
-
12 · Advertising and promotion
total $470,297
-
13 · Office expenses
total $324,883
-
14 · Information technology
total $448,676
-
15 · Royalties
total $25,069
-
16 · Occupancy
total $379,894
-
17 · Travel
total $35,868
-
19 · Conferences, conventions and meetings
total $1,964,447
-
22 · Depreciation, depletion and amortization
total $43,013
-
23 · Insurance
total $37,064
-
24e · All other expenses
total $7,450
Balance sheet
Part X, book values.
-
2 · Savings and temporary cash investments
beginning of year $5,420,494 · end of year $5,370,552
-
4 · Accounts receivable
beginning of year $273 · end of year $5,892
-
9 · Prepaid expenses and deferred charges
beginning of year $217,663 · end of year $226,741
-
10a · Land, buildings and equipment: cost or other basis
$1,192,497
-
10b · Land, buildings and equipment: accumulated depreciation
$1,055,218
-
10c · Land, buildings and equipment, net
beginning of year $107,258 · end of year $137,279
-
11 · Investments: publicly traded securities
beginning of year $19,618,854 · end of year $18,735,453
-
15 · Other assets
beginning of year $184,043 · end of year $443,960
-
17 · Accounts payable and accrued expenses
beginning of year $465,190 · end of year $449,414
-
19 · Deferred revenue
beginning of year $7,196,985 · end of year $6,598,153
-
23 · Secured mortgages and notes payable
beginning of year $16,812 · end of year $12,670
-
25 · Other liabilities
beginning of year $28,502 · end of year $299,050
-
27 · Net assets without donor restrictions
beginning of year $17,561,876 · end of year $17,298,300
-
28 · Net assets with donor restrictions
beginning of year $279,220 · end of year $262,290
Mission and programs · 2022
Mission
340B HEALTH EDUCATES AND ADVOCATES FOR HOSPITALS ELIGIBLE TO PARTICIPATE IN 340B IN ORDER TO INCREASE THE AFFORDABILITY AND ACCESSIBILITY OF HEALTH CARE FOR PATIENTS IN NEED, ESPECIALLY THOSE LIVING WITH LOW INCOMES AND/OR IN RURAL COMMUNITIES...SEE SCHEDULE OCONTINUED FROM PAGE 2...FORMED IN 1993, MEMBER HOSPITALS INCLUDE SOME OF THE NATION'S LARGEST NON-PROFIT ACADEMIC MEDICAL CENTERS AND SOME OF ITS SMALLEST RURAL COMMUNITY-BASED FACILITIES. 340B REQUIRES DRUG MANUFACTURERS TO PROVIDE OUTPATIENT DRUGS AT REDUCED PRICES TO ELIGIBLE HOSPITALS, CLINICS, AND HEALTH CENTERS THAT SERVE LARGE NUMBERS OF PATIENTS WITH LOW INCOME AND/OR RURAL PATIENT POPULATIONS.
Activities or mission (Part I)
TO ASSIST HOSPITALS TO FULFILL THEIR MISSION TO PROVIDE CARE FOR PATIENTS WITH LOW...SEE SCHEDULE O CONTINUED FROM PAGE 1...INCOME AND THOSE LIVING IN RURAL COMMUNITIES. 340B HEALTH IS THE LEADING ADVOCATE & RESOURCE FOR THOSE HOSPITALS THAT SERVE THEIR COMMUNITIES THROUGH PARTICIPATION IN THE FEDERAL 340B DRUG PRICING PROGRAM.
-
EDUCATION - 340B HEALTH HELPS HOSPITALS, HEALTH SYSTEMS, PHARMACIES, AND OTHERS UNDERSTAND THE REQUIREMENTS OF 340B AND HELP THEM COMPLY WITH ITS RULES AND REGULATIONS. 340B HEALTH PROVIDES EDUCATION THROUGH TWO ANNUAL NATIONAL CONFERENCES, A WEBINAR SERIES, AND ONLINE TOOLS AND RESOURCES. 340B HEALTH ALSO PROVIDES ONE-ON-ONE TECHNICAL ASSISTANCE, UPON MEMBERS' REQUESTS. 340B HEALTH WORKS TO KEEP ITS MEMBERS AND STAKEHOLDERS INFORMED ABOUT LEGISLATIVE AND REGULATORY CHANGES TO 340B VIA VARIOUS ELECTRONIC COMMUNICATIONS AND THE WWW.340BHEALTH.ORG WEBSITE. 340B HEALTH ORGANIZES THE 340B COALITION'S ANNUAL WINTER AND SUMMER CONFERENCES (WWW.340BWINTERCONFERENCE.ORG AND WWW.340BSUMMERCONFERENCE.ORG) FEATURING DISCUSSIONS ABOUT COMPLIANCE, OTHER OPERATIONAL MATTERS, PUBLIC POLICY, AND RELATED ACTIVITY.
-
ADVOCACY - 340B HEALTH WORKS WITH AND ON BEHALF OF OUR MEMBERS TO REPRESENT THEIR INTERESTS AND CONCERNS BEFORE THE CONGRESS, THE EXECUTIVE BRANCH, THE COURTS, AND STATE LEGISLATURES TO HELP POLICYMAKERS UNDERSTAND THE 340B DRUG PRICING PROGRAM'S REQUIREMENTS, VALUE, AND ROLE IN ADVANCING HEALTHY PATIENTS AND COMMUNITIES. 340B HEALTH CONDUCTS INDEPENDENT RESEARCH REGARDING THE IMPACT AND EFFECTIVENESS OF 340B AND WORKS WITH ITS MEMBERS TO CREATE PROFILES OF HOW 340B SAVINGS ARE USED TO IMPROVE PATIENT CARE AND COVER THE COST OF UNCOMPENSATED AND UNREIMBURSED PATIENT CARE. 340B HEALTH ADVOCATES FOR CHANGES IN POLICY NECESSARY TO IMPROVE 340B AND ITS IMPACT. 340B HEALTH PROVIDES MEMBER HOSPITALS WITH INFORMATION TO HELP IDENTIFY BEST PRACTICES IN COMPLIANCE AND PROGRAM DEVELOPMENT...SEE SCHEDULE OCONTINUED FROM PAGE 2...OUR "340B EXCHANGE" ALLOWS HOSPITALS TO DISCUSS EMERGING TRENDS, CONCERNS, AND IDEAS. RESEARCH HELPS IDENTIFY EXAMPLES OF HOW HOSPITALS ARE ADDRESSING SUCH KEY AREAS AS SOCIAL DETERMINANTS OF HEALTH, PURSUIT OF HEALTH EQUITY, AND APPROACHES TO PREVENTION OF THE MISUSE OF OPIOIDS.
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Karen L Bowling Fache CfnpKAREN L BOWLING FACHE CFNP
CHAIR ELECT (BEG 5/22)
- Total calculated
- $0
- Hours/week
- 2
-
Jesse Breidenbach PharmdJESSE BREIDENBACH PHARMD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Sandra F Durley PharmdSANDRA F DURLEY PHARMD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Beth Feldpush DrphBETH FELDPUSH DRPH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Nicholas R Gnadt PharmdNICHOLAS R GNADT PHARMD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Tim MauriceTIM MAURICE
DIRECTOR (UNTIL 3/22)
- Total calculated
- $0
- Hours/week
- 1
-
Rosland Fisher McLeodROSLAND FISHER MCLEOD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Paul Mollo PharmdPAUL MOLLO PHARMD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Charlton ParkCHARLTON PARK
TREASURER (BEGIN 7/22)
- Total calculated
- $0
- Hours/week
- 2
-
Matthew J PerryMATTHEW J PERRY
SECRETARY (BEGIN 5/22)
- Total calculated
- $0
- Hours/week
- 2
-
Nicole Shoquist PharmdNICOLE SHOQUIST PHARMD
DIRECTOR (UNTIL 9/22)
- Total calculated
- $0
- Hours/week
- 1
-
Terry AndrusTERRY ANDRUS
TREASURER (UNTIL 7/22)
- Total calculated
- $0
- Hours/week
- 2
-
Mary EdwardsMARY EDWARDS
SECRETARY (UNTIL 5/22)
- Total calculated
- $0
- Hours/week
- 2
-
Patricia ViltPATRICIA VILT
CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
Sherrie Williams MDSHERRIE WILLIAMS MD
IMMEDIATE PAST CHAIR (UNTIL 6/22)
- Total calculated
- $0
- Hours/week
- 2
-
Tim LynchTIM LYNCH
DIRECTOR (BEGIN 12/22)
- Total calculated
- $0
- Hours/week
- 1
-
Ali SantoreALI SANTORE
DIRECTOR (BEGIN 5/22)
- Total calculated
- $0
- Hours/week
- 1
-
Onisis StefasONISIS STEFAS
DIRECTOR (BEGIN 5/22)
- Total calculated
- $0
- Hours/week
- 1
-
Meetali DesaiMEETALI DESAI
DIRECTOR (BEGIN 12/22)
- Total calculated
- $0
- Hours/week
- 1
-
Sumona DasguptaSUMONA DASGUPTA
DIRECTOR (BEGIN 5/22)
- Total calculated
- $0
- Hours/week
- 1
-
Maureen TestoniMAUREEN TESTONI
PRESIDENT & CEO
- Total calculated
- $860,396
- From this org
- $636,870
- From related orgs
- $0
- Other
- $223,526
- Hours/week
- 45
Schedule J breakdown matched by us
- Base
- $503,157
- Bonus
- $113,213
- Other
- $20,500
- Deferred
- $190,848
- Nontaxable benefits
- $32,678
- Filer's total
- $860,396
-
Patrick McGaryPATRICK MCGARY
SVP OPERATIONS
- Total calculated
- $290,061
- From this org
- $254,857
- From related orgs
- $0
- Other
- $35,204
- Hours/week
- 45
Schedule J breakdown matched by us
- Base
- $242,399
- Bonus
- $12,458
- Other
- $0
- Deferred
- $14,950
- Nontaxable benefits
- $20,254
- Filer's total
- $290,061
-
Christopher CrosswhiteCHRISTOPHER CROSSWHITE
SVP LEGAL AND POLICY
- Total calculated
- $295,807
- From this org
- $261,448
- From related orgs
- $0
- Other
- $34,359
- Hours/week
- 45
Schedule J breakdown matched by us
- Base
- $261,448
- Bonus
- $0
- Other
- $0
- Deferred
- $15,750
- Nontaxable benefits
- $18,609
- Filer's total
- $295,807
-
Richard SorianRICHARD SORIAN
SENIOR VP, COMMUNICATIONS
- Total calculated
- $356,813
- From this org
- $321,674
- From related orgs
- $0
- Other
- $35,139
- Hours/week
- 45
Schedule J breakdown matched by us
- Base
- $281,180
- Bonus
- $40,494
- Other
- $0
- Deferred
- $16,197
- Nontaxable benefits
- $18,942
- Filer's total
- $356,813
-
Steven MillerSTEVEN MILLER
VP OF PHARMACY SERVI
- Total calculated
- $312,327
- From this org
- $269,834
- From related orgs
- $0
- Other
- $42,493
- Hours/week
- 45
Schedule J breakdown matched by us
- Base
- $233,171
- Bonus
- $36,663
- Other
- $0
- Deferred
- $14,665
- Nontaxable benefits
- $27,828
- Filer's total
- $312,327
-
Gregory DoggettGREGORY DOGGETT
VP LEGAL & POLICY COUNSEL
- Total calculated
- $282,126
- From this org
- $251,277
- From related orgs
- $0
- Other
- $30,849
- Hours/week
- 45
Schedule J breakdown matched by us
- Base
- $223,210
- Bonus
- $28,067
- Other
- $0
- Deferred
- $11,695
- Nontaxable benefits
- $19,154
- Filer's total
- $282,126
-
Caroline SteinbergCAROLINE STEINBERG
VP OF RESEARCH AND POLICY
- Total calculated
- $250,412
- From this org
- $234,053
- From related orgs
- $0
- Other
- $16,359
- Hours/week
- 45
Schedule J breakdown matched by us
- Base
- $212,947
- Bonus
- $21,106
- Other
- $0
- Deferred
- $12,664
- Nontaxable benefits
- $3,695
- Filer's total
- $250,412
-
Miriam LasarMIRIAM LASAR
FORMER OFFICER
- Total calculated
- $186,126
- From this org
- $186,126
- From related orgs
- $0
- Other
- $0
- Hours/week
- 30
Schedule J breakdown matched by us
- Base
- $0
- Bonus
- $0
- Other
- $186,126
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $186,126
-
Kathryn DibitettoKATHRYN DIBITETTO
FORMER KEY EMPLOYEE
- Total calculated
- $154,180
- From this org
- $154,180
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $0
- Bonus
- $0
- Other
- $154,180
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $154,180
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 · Independent compensation consultant
- 3 · Written employment contract
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
- 4b · Supplemental nonqualified retirement plan
Answered no
- 4a · Severance or change-of-control payment
- 4c · Equity-based compensation arrangement
The filer's explanations (Part III)
- PART I, LINE 4B
- IN 2022, MAUREEN TESTONI, PRESIDENT & CEO, RECEIVED $59,500 IN EMPLOYER CONTRIBUTIONS TO A SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN MADE UNDER SECTION 457F OF THE INTERNAL REVENUE CODE.
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.
-
340B HEALTH POLITICAL ACTION COMMITTEE
527 · CONNECTED PAC TO SUPPORT CANDIDATES WHO SUPPORT THE 340B PROGRAM · DC
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 24 July 2024
- IRS schema version
- 2022v5.0
- Source object
- 202442279349304059
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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