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← PARTNERSHIP FOR SAFE MEDICINES INC

Form 990 for tax year 2022

Filed by PARTNERSHIP FOR SAFE MEDICINES INC.

Totals

Total revenue
$5,069,300
Total expenses
$4,890,291
Contributions and grants received
$5,069,300
Grants paid
$190,041
Program service revenue
$0
Investment income
$0
Other revenue
$0
Total assets, end of year
$1,184,254
Total liabilities, end of year
$501,060
Net assets or fund balances, end of year
$683,194
Program services expenses (Part IX)
$3,839,399
Management and general expenses
$1,050,892
Fundraising expenses
$0
Program service expenses (Part III)
$3,839,399

Program services were 78.5% 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.

  • 1b · Membership dues

    $5,069,300

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $190,041 · program services $190,041

  • 11b · Fees: legal

    total $1,028,049 · management and general $1,028,049

  • 11c · Fees: accounting

    total $14,227 · management and general $14,227

  • 11d · Fees: lobbying

    total $37,713 · program services $37,713

  • 11g · Fees: other

    total $1,799,212 · program services $1,799,212

  • 12 · Advertising and promotion

    total $1,463,940 · program services $1,463,940

  • 13 · Office expenses

    total $115,393 · program services $115,277 · management and general $116

  • 17 · Travel

    total $70,587 · program services $70,587

  • 23 · Insurance

    total $8,500 · management and general $8,500

  • 24a · Other expenses: SPONSORSHIPS

    total $65,421 · program services $65,421

  • 24b · Other expenses: CONFERENCES

    total $50,438 · program services $50,438

  • 24c · Other expenses: HONORARIA

    total $37,500 · program services $37,500

  • 24d · Other expenses: MEMBERSHIPS

    total $9,270 · program services $9,270

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $541,627 · end of year $1,171,754

  • 4 · Accounts receivable

    end of year $10,000

  • 9 · Prepaid expenses and deferred charges

    end of year $2,500

  • 17 · Accounts payable and accrued expenses

    beginning of year $37,442 · end of year $1,060

  • 19 · Deferred revenue

    end of year $500,000

  • 27 · Net assets without donor restrictions

    beginning of year $504,185 · end of year $683,194

Mission and programs · 2022

Mission

THE PARTNERSHIP FOR SAFE MEDICINES (PSM) IS A PUBLIC HEALTH GROUP COMMITTED TO THE SAFETY OF PRESCRIPTION DRUGS AND EDUCATING ITS MEMBERS AND THE PUBLIC AGAINST COUNTERFEIT, SUBSTANDARD OR OTHERWISE UNSAFE MEDICINE.

  • PATIENT AND PUBLIC EDUCATION

    Expenses $1,279,800 · Grants $63,347

  • LAW ENFORCEMENT EDUCATION

    Expenses $1,279,800 · Grants $63,347

  • HEALTHCARE PROFESSIONAL EDUCATION

    Expenses $1,279,799 · Grants $63,347

As filed on the 2022 return.

Listed in Part VII

  • Tom Kubic

    PRESIDENT

    Total calculated
    $10,000
    From this org
    $10,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    2

  • Shabbir J Safdar

    TREASURER/SECRETARY/ED

    Total calculated
    $0
    Hours/week
    40

  • Kenneth L McCall

    VICE PRESIDENT

    Total calculated
    $10,000
    From this org
    $10,000
    From related orgs
    $0
    Other
    $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, 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

Provenance

Return type
form_990
Tax year
2022
Filed
10 November 2023
IRS schema version
2022v5.0
Source object
202303199349302505

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

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