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Nonprofiteer
← PHARMACEUTICAL RESEARCH AND MANUFACTURERS OF AMERICA

Form 990 for tax year 2023

Filed by PHARMACEUTICAL RESEARCH AND MANUFACTURERS OF AMERICA.

Totals

Total revenue
$483,040,082
Total expenses
$426,549,040
Contributions and grants received
$500,000
Grants paid
$32,878,949
Program services expenses (Part IX)
$0
Management and general expenses
$0
Fundraising expenses
$0
Program service expenses (Part III)
not reported

Program services were 0.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • STEPHEN J UBL

    PRESIDENT & CEO

    Total calculated
    $6,707,444
    From this org
    $5,053,582
    From related orgs
    $0
    Other
    $1,653,862
    Hours/week
    37.5

    Schedule J breakdown matched by us

    Base
    $1,915,642
    Bonus
    $2,548,097
    Other
    $589,843
    Deferred
    $1,616,550
    Nontaxable benefits
    $37,312
    Filer's total
    $6,707,444

  • LORI REILLY

    COO

    Total calculated
    $2,890,351
    From this org
    $2,233,732
    From related orgs
    $0
    Other
    $656,619
    Hours/week
    37.5

    Schedule J breakdown matched by us

    Base
    $941,718
    Bonus
    $1,286,678
    Other
    $5,336
    Deferred
    $609,812
    Nontaxable benefits
    $46,807
    Filer's total
    $2,890,351

  • JENNIFER BRYANT

    EVP, POLICY/RESEARCH

    Total calculated
    $2,546,336
    From this org
    $2,471,035
    From related orgs
    $0
    Other
    $75,301
    Hours/week
    37.5

    Schedule J breakdown matched by us

    Base
    $498,901
    Bonus
    $1,957,448
    Other
    $14,686
    Deferred
    $43,500
    Nontaxable benefits
    $31,801
    Filer's total
    $2,546,336

  • JAMES C STANSEL

    GEN COUNSEL & EVP LAW, SECY

    Total calculated
    $2,198,810
    From this org
    $1,658,117
    From related orgs
    $0
    Other
    $540,693
    Hours/week
    37.5

    Schedule J breakdown matched by us

    Base
    $813,365
    Bonus
    $838,955
    Other
    $5,797
    Deferred
    $497,594
    Nontaxable benefits
    $43,099
    Filer's total
    $2,198,810

  • ANNE ESPOSITO

    SVP, FEDERAL ADVOCACY

    Total calculated
    $2,067,153
    From this org
    $949,522
    From related orgs
    $0
    Other
    $1,117,631
    Hours/week
    37.5

    Schedule J breakdown matched by us

    Base
    $437,344
    Bonus
    $504,229
    Other
    $7,949
    Deferred
    $1,100,485
    Nontaxable benefits
    $17,146
    Filer's total
    $2,067,153

  • SCOTT LAGANGA

    EVP, STATE ADVOCACY

    Total calculated
    $1,544,280
    From this org
    $1,171,708
    From related orgs
    $0
    Other
    $372,572
    Hours/week
    37.5

    Schedule J breakdown matched by us

    Base
    $551,295
    Bonus
    $616,543
    Other
    $3,870
    Deferred
    $320,790
    Nontaxable benefits
    $51,782
    Filer's total
    $1,544,280

  • TRACEY MERCHANT

    CFO & EVP, ADMINISTRATION

    Total calculated
    $1,494,301
    From this org
    $1,124,704
    From related orgs
    $0
    Other
    $369,597
    Hours/week
    37.5

    Schedule J breakdown matched by us

    Base
    $572,754
    Bonus
    $449,990
    Other
    $101,960
    Deferred
    $333,488
    Nontaxable benefits
    $36,109
    Filer's total
    $1,494,301

  • ROBERT ZIRKELBACH II

    EVP, PUBLIC AFFAIRS

    Total calculated
    $1,395,548
    From this org
    $1,025,001
    From related orgs
    $0
    Other
    $370,547
    Hours/week
    37.5

    Schedule J breakdown matched by us

    Base
    $447,939
    Bonus
    $575,000
    Other
    $2,062
    Deferred
    $342,200
    Nontaxable benefits
    $28,347
    Filer's total
    $1,395,548

  • SHANNON C MONSIF

    EVP, ADVOCACY & STRATEGIC ALL

    Total calculated
    $1,357,344
    From this org
    $1,047,384
    From related orgs
    $0
    Other
    $309,960
    Hours/week
    37.5

    Schedule J breakdown matched by us

    Base
    $524,581
    Bonus
    $495,517
    Other
    $27,286
    Deferred
    $259,207
    Nontaxable benefits
    $50,753
    Filer's total
    $1,357,344

  • ANNE M PRITCHETT

    SVP, POLICY/RESEARCH

    Total calculated
    $1,255,121
    From this org
    $1,007,339
    From related orgs
    $0
    Other
    $247,782
    Hours/week
    37.5

    Schedule J breakdown matched by us

    Base
    $540,554
    Bonus
    $453,261
    Other
    $13,524
    Deferred
    $233,171
    Nontaxable benefits
    $14,611
    Filer's total
    $1,255,121

  • JAY TAYLOR

    EVP, INTERNATIONAL

    Total calculated
    $1,236,598
    From this org
    $938,748
    From related orgs
    $0
    Other
    $297,850
    Hours/week
    37.5

    Schedule J breakdown matched by us

    Base
    $508,580
    Bonus
    $414,159
    Other
    $16,009
    Deferred
    $251,020
    Nontaxable benefits
    $46,830
    Filer's total
    $1,236,598

  • KENNETH K MCKAY IV

    SVP, STATE ADVOCACY

    Total calculated
    $1,169,958
    From this org
    $892,286
    From related orgs
    $0
    Other
    $277,672
    Hours/week
    37.5

    Schedule J breakdown matched by us

    Base
    $492,654
    Bonus
    $393,412
    Other
    $6,220
    Deferred
    $234,145
    Nontaxable benefits
    $43,527
    Filer's total
    $1,169,958

  • ELIZABETH CARPENTER

    EVP, POLICY/RESEARCH

    Total calculated
    $775,369
    From this org
    $440,346
    From related orgs
    $0
    Other
    $335,023
    Hours/week
    37.5

    Schedule J breakdown matched by us

    Base
    $189,484
    Bonus
    $250,000
    Other
    $862
    Deferred
    $334,463
    Nontaxable benefits
    $560
    Filer's total
    $775,369

  • RENUKA IYER

    EVP, HUMAN RESOURCES

    Total calculated
    $620,032
    From this org
    $397,692
    From related orgs
    $0
    Other
    $222,340
    Hours/week
    37.5

    Schedule J breakdown matched by us

    Base
    $395,502
    Bonus
    $0
    Other
    $2,190
    Deferred
    $193,000
    Nontaxable benefits
    $29,340
    Filer's total
    $620,032

  • RICHARD MOSCICKI MD

    CMO & EVP, SCIENCE/REG ADVOCAC

    Total calculated
    $597,574
    From this org
    $597,574
    From related orgs
    $0
    Other
    $0
    Hours/week
    37.5

    Schedule J breakdown matched by us

    Base
    $0
    Bonus
    $0
    Other
    $597,574
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $597,574

  • PAUL A AINES

    CFO & EVP, ADMINISTRATION

    Total calculated
    $581,484
    From this org
    $581,484
    From related orgs
    $0
    Other
    $0
    Hours/week
    37.5

    Schedule J breakdown matched by us

    Base
    $0
    Bonus
    $0
    Other
    $581,484
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $581,484

  • ROBIN E PALCHUS

    SVP, HUMAN RESOURCES

    Total calculated
    $289,277
    From this org
    $289,277
    From related orgs
    $0
    Other
    $0
    Hours/week
    37.5

    Schedule J breakdown matched by us

    Base
    $0
    Bonus
    $0
    Other
    $289,277
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $289,277

  • VASANT VAS NARASIMHAN MD

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    2

  • DANIEL O'DAY

    VICE CHAIRMAN

    Total calculated
    $0
    Hours/week
    2

  • CHRIS BOERNER PHD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • JEAN-MICHEL BOERS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • ALBERT BOURLA

    TREASURER

    Total calculated
    $0
    Hours/week
    2

  • ROBERT BRADWAY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • ROBERT M DAVIS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • THOMAS GIBBS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • BARRY GREENE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • SEBASTIAN GUTH PHD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • ALEXANDER HARDY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • HERVE J HOPPENOT

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • KEN KELLER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • JULIE KIM

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • DOUGLAS J LANGA

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • DAVID LOEW

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • BOB LOJEWSKI

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • RICHARD F POPS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • MYRTLE POTTER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • TAREK RABAH

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • MARK REISENAUER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • DAVID RICKS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • CHRIS ROUND

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • JENNIFER TAUBERT

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • JEAN-CHRISTOPHE TELLIER MD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • CHRIS VIEHBACHER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • EMMA WALMSLEY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • TATSUYKI YASUNO

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Paul Hudson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Jean-Jaques Bienaime

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

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

  • 1a · First-class or charter travel
  • 1a · Travel for companions
  • 1a · Housing allowance or residence for personal use
  • 1a · Health or social club dues or initiation fees
  • 1a · Personal services (maid, chauffeur, chef)
  • 1b · Written policy on the line-1a expenses
  • 2 · Substantiation required before reimbursing expenses
  • 3 · Compensation committee
  • 3 · Independent compensation consultant
  • 3 · Form 990 of other organizations
  • 3 · Written employment contract
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement

Answered no

None.

The filer's explanations (Part III)

SCHEDULE J, PART I, LINE 1A:
FIRST CLASS TRAVEL: THE PRESIDENT AND COO ARE AUTHORIZED TO TRAVEL USING FIRST CLASS. TRAVEL FOR COMPANIONS: COMPANIONS OCCASIONALLY TRAVEL WITH PHRMA EXECUTIVES ON BUSINESS TRAVEL. IN SUCH CASES, COMPANION TRAVEL IS INCLUDED IN THE TAXABLE INCOME OF THE PHRMA EXECUTIVE. HOUSING ALLOWANCE: A HOUSING ALLOWANCE IS PROVIDED TO TRACEY MERCHANT, CFO & EVP, ADMINISTRATION, IT IS PAID FOR MONTHLY BY PHRMA BEGINNING IN JUNE 2022, AND IS INCLUDED IN HER INCOME ON FORM W-2. HEALTH AND WELLNESS BENEFIT: ALL PHRMA EMPLOYEES ARE ELIGIBLE TO PARTICIPATE IN PHRMA'S HEALTH AND WELLNESS BENEFIT UP TO $1,250 ANNUALLY. THE VALUE OF THIS BENEFIT IS CONSIDERED TAXABLE INCOME. PERSONAL SERVICES: THE PRESIDENT IS PROVIDED WITH A DRIVER.
SCHEDULE J, PART I, LINES 4A-C:
Supplemental Payment: Anne Esposito - $1,067,485 Supplemental Payment Plan Retirement Benefit: Paul Aines - $581,484, Richard Moscicki - $597,574, Robin Palchus - $289,277 457(F) and LTIP: PHRMA SPONSORS A NON-QUALIFIED SECTION 457(F) DEFERRED COMPENSATION PLAN AND A LONG-TERM INCENTIVE PLAN. AMOUNTS PAID OUT UNDER THESE PLANS ARE INCLUDED IN PART VII (WHEN PAID) AND SCHEDULE J, RESPECTIVELY (WHEN PAID, EARNED AND REPORTED IN A PRIOR YEAR). PRIOR YEAR PAID CURRENT YEAR AWARDED STEPHEN UBL: $ 1,795,489 $ 1,583,550 JENNIFER BRYANT $ 750,075 $ - LORI REILLY: $ 695,082 $ 573,512 ANNE ESPOSITO $ 279,486 $ - JAMES STANSEL: $ 469,225 $ 464,594 SCOTT LAGANGA: $ 307,545 $ 283,302 TRACEY MERCHANT: $ - $ 289,988 SHANNON MONSIF: $ 241,009 $ 215,707 ROBERT ZIRKELBACH II $ - $ 312,500 ELIZABETH CARPENTER $ - $ 312,500 ANNE PRITCHETT $ - $ 189,671 JAY TAYLOR $ - $ 207,520 KENNETH K MCKAY IV $ - $ 201,145 RENUKA IYER $ - $ 160,000

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

The 10 largest by cash amount. The API serves every itemized grant.

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
2023
Filed
14 November 2024
IRS schema version
2023v5.1
Source object
202423209349305732

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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