Form 990 for tax year 2022
Filed by INSTITUTE FOR SAFE MEDICATION PRACTICES.
Totals
- Total revenue
- $2,506,078
- Total expenses
- $2,908,543
- Contributions and grants received
- $793,881
- Grants paid
- $0
- Program service revenue
- $1,743,510
- Investment income
- $0
- Other revenue
- -$31,313
- Total assets, end of year
- $2,392,673
- Total liabilities, end of year
- $754,199
- Net assets or fund balances, end of year
- $1,638,474
- Program services expenses (Part IX)
- $1,929,287
- Management and general expenses
- $979,256
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $1,929,287
Program services were 66.3% 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.
-
1c · Fundraising events
$121,373
-
1f · All other contributions, gifts and grants
$672,508
-
2a · Program service revenue: TECHNICAL ASSISTANCE
total $996,362 · related or exempt $996,362
-
2b · Program service revenue: MEMBERSHIP, PUBLICATIO
total $747,148 · related or exempt $747,148
-
8a · Fundraising events: gross income
$0
-
8a · Fundraising events: contributions included on line 1c
$121,373
-
8b · Fundraising events: direct expenses
$31,313
-
8c · Net income from fundraising events
total -$31,313 · excluded -$31,313
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $608,436 · program services $330,337 · management and general $278,099
-
7 · Other salaries and wages
total $1,284,685 · program services $995,883 · management and general $288,802
-
8 · Pension plan contributions
total $79,964 · program services $51,853 · management and general $28,111
-
9 · Other employee benefits
total $101,247 · program services $65,654 · management and general $35,593
-
10 · Payroll taxes
total $146,516 · program services $95,010 · management and general $51,506
-
11b · Fees: legal
total $7,235 · management and general $7,235
-
11c · Fees: accounting
total $12,600 · management and general $12,600
-
11g · Fees: other
total $143,744 · program services $98,401 · management and general $45,343
-
12 · Advertising and promotion
total $56,292 · management and general $56,292
-
14 · Information technology
total $58,028 · management and general $58,028
-
16 · Occupancy
total $16,029 · management and general $16,029
-
17 · Travel
total $58,454 · program services $6,967 · management and general $51,487
-
19 · Conferences, conventions and meetings
total $46,565 · program services $31,564 · management and general $15,001
-
22 · Depreciation, depletion and amortization
total $48,119 · program services $31,203 · management and general $16,916
-
23 · Insurance
total $16,028 · program services $10,393 · management and general $5,635
-
24a · Other expenses: PROJECT COST
total $200,172 · program services $200,172
-
24b · Other expenses: ADMINISTRATIVE FEES
total $10,056 · management and general $10,056
-
24c · Other expenses: POSTAGE AND SHIPPING
total $2,634 · program services $1,984 · management and general $650
-
24d · Other expenses: CMMUNICATION
total $934 · management and general $934
-
24e · All other expenses
total $10,805 · program services $9,866 · management and general $939
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,395,433 · end of year $1,072,609
-
4 · Accounts receivable
beginning of year $679,993 · end of year $537,020
-
9 · Prepaid expenses and deferred charges
beginning of year $4,896 · end of year $4,860
-
10a · Land, buildings and equipment: cost or other basis
$309,009
-
10b · Land, buildings and equipment: accumulated depreciation
$289,190
-
10c · Land, buildings and equipment, net
beginning of year $32,578 · end of year $19,819
-
14 · Intangible assets
beginning of year $459,671 · end of year $424,312
-
15 · Other assets
beginning of year $192,050 · end of year $334,053
-
17 · Accounts payable and accrued expenses
beginning of year $252,455 · end of year $152,140
-
19 · Deferred revenue
beginning of year $428,288 · end of year $573,141
-
25 · Other liabilities
beginning of year $42,939 · end of year $28,918
-
27 · Net assets without donor restrictions
beginning of year $1,660,139 · end of year $1,401,174
-
28 · Net assets with donor restrictions
beginning of year $380,800 · end of year $237,300
Mission and programs · 2022
Mission
THE ORGANIZATION'S MISSION IS TO ADVANCE PATIENT SAFETY WORLDWIDE BY EMPOWERING THE HEALTHCARE COMMUNITY TO PREVENT MEDICATION ERRORS.THE ORGANIZATION ACCOMPLISHES ITS MISSION THROUGH ITS INTERDISCIPLINARY EFFORTS TO:- COLLECT AND ANALYZE REPORTS OF MEDICATION-RELATED HAZARDOUS CONDITIONS, NEAR-MISSES, ERRORS, AND OTHER ADVERSE DRUG EVENTS- DISSEMINATE TIMELY MEDICATION SAFETY INFORMATION, RISK-REDUCTION TOOLS, AND ERROR-PREVENTION STRATEGIES- EDUCATE THE HEALTHCARE COMMUNITY AND CONSUMERS ABOUT SAFE MEDICATION PRACTICES- COLLABORATE WITH OTHER PATIENT SAFETY ORGANIZATIONS, EDUCATIONAL INSTITUTIONS, GOVERNMENTAL AGENCIES AND OTHER HEALTHCARE STAKEHOLDERS- ADVOCATE THE ADOPTION OF SAFE MEDICATION STANDARDS BY ACCREDITING BODIES, MANUFACTURERS, POLICY MAKERS, REGULATORY AGENCIES, AND STANDARDS-SETTING ORGANIZATIONS- CONDUCT RESEARCH TO PROVIDE EVIDENCE-BASED SAFE MEDICATION PRACTICES
Activities or mission (Part I)
THE ORGANIZATION'S MISSION IS TO ADVANCE PATIENT SAFETY WORLDWIDE BY EMPOWERING THE HEALTHCARE COMMUNITY TO PREVENT MEDICATION ERRORS.
-
PUBLICATIONS AND EDUCATION:EDUCATION: ISMP CONSIDERS EDUCATION TO BE A CORE COMPONENT OF ITS MISSION, AND OFFERS A VARIETY OF VALUABLE EDUCATIONAL RESOURCES FOR HEALTHCARE PRACTITIONERS AND CONSUMERS, INCLUDING FREQUENT WEBINARS, CONTINUING EDUCATION SESSIONS AT SOME OF THE NATION'S LARGEST PROFESSIONAL MEETINGS, WORKSHOPS, LECTURES, VIDEOS, AND PATIENT BROCHURES. A WIDE RANGE OF FREE TOOLS FOR HEALTHCARE PRACTITIONERS, SUCH AS LISTS OF HIGH-ALERT DRUGS AND POTENTIALLY DANGEROUS ABBREVIATIONS, ARE AVAILABLE ON WWW.ISMP.ORG. IN ADDITION, ISMP HOSTS MEDICATION SAFETY FELLOWSHIPS AND ONSITE MENTORING PROGRAMS FOR MEDICATION SAFETY OFFICERS AND INTERNATIONAL HEALTHCARE PRACTITIONERS. ISMP'S CONSUMER WEBSITE, WWW.CONSUMERMEDSAFETY.ORG, PROVIDES INDIVIDUALS WITH ADVICE FROM LEADING SAFETY EXPERTS AND INFORMATION AND GUIDELINES ON SAFE MEDICATION USE.PUBLICATIONS: ISMP PRODUCES FIVE ELECTRONIC NEWSLETTERS THAT COLLECTIVELY REACH MILLIONS OF READERS AND ARE RECOGNIZED AS SOME OF THE MOST TIMELY, COMPREHENSIVE MEDICAL ALERT SYSTEMS IN THE WORLD. THE BIWEEKLY ISMP MEDICATION SAFETY ALERT! ACUTE CARE EDITION PROVIDES VIRTUALLY EVERY US HOSPITAL WITH VITAL AND LIFE-SAVING INFORMATION ABOUT MEDICATION AND DEVICE ERRORS AND ADVERSE DRUG REACTIONS. THE MONTHLY COMMUNITY/AMBULATORY CARE EDITION AND NURSE ADVISE-ERR NEWSLETTERS GIVE PHARMACISTS, PHARMACY TECHNICIANS, NURSES, PHYSICIANS, AND OTHER HEALTH PROFESSIONALS RECOMMENDATIONS THAT THEY CAN USE IN THEIR OWN PRACTICE SETTINGS. THE BIMONTHLY ISMP MEDICATION SAFETY ALERT! LONG-TERM CARE ADVISE-ERR PROVIDES TIMELY MEDICATION SAFETY INFORMATION TO STAFF WORKING WITH RESIDENT POPULATIONS THAT ARE OFTEN ELDERLY, FRAIL, DEPENDENT, COMPLEX IN NATURE, AND FRAUGHT WITH MANY DIFFERENT ILLNESSES AND DYSFUNCTIONS. SAFE MEDICINE, ALSO PUBLISHED EVERY OTHER MONTH, IS THE ONLY CONSUMER HEALTH NEWSLETTER FOCUSING SPECIFICALLY ON ERROR PREVENTION. ISMP ALSO PUBLISHES EDUCATIONAL COLUMNS IN SEVERAL HEALTHCARE PROFESSIONAL JOURNALS AND PUBLICATIONS AND COMPREHENSIVE BOOKS ON SAFE MEDICATION USE FOR HEALTHCARE PRACTITIONERS.MEMBERSHIPS: ISMP OFFERS A MEDICATION SAFETY MEMBERSHIP AND A SPECIALTY PHARMACY MEDICATION SAFETY MEMBERSHIP THAT AIM TO HELP REDUCE THE OCCURRENCE OF MEDICATION ERRORS WITH EVIDENCE-BASED BEST PRACTICES. THE MEMBERSHIP PROVIDES ACTIONABLE GUIDANCE AND PRACTICAL STRATEGIES FOR HEALTHCARE PROFESSIONALS INVOLVED IN MANAGING RISK THROUGHOUT THE ENTIRE MEDICATION-USE PROCESS.
Expenses $738,968 · Revenue $747,148
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TECHNICAL ASSISTANCE PROGRAMS:CONSULTS: EACH YEAR, ISMP PROVIDES CONFIDENTIAL CONSULTING SERVICES TO HEALTHCARE FACILITIES ACROSS THE COUNTRY IN A WIDE RANGE OF PRACTICE SETTINGS, INCLUDING HOSPITALS AND COMMUNITY PHARMACIES, TO HELP THEM IMPROVE MEDICATION SAFETY. ONSITE HOSPITAL AND HEALTH SYSTEM RISK ASSESSMENTS BY A MULTIDISCIPLINARY TEAM OF PRACTITIONERS RESULT IN SAFE PRACTICE RECOMMENDATIONS FOR MEDICATION ERROR PREVENTION AND FOLLOW-UP IMPLEMENTATION AND SUPPORT SERVICES. IN ADDITION, ISMP CONSULTANTS PROVIDE SIMILAR ASSESSMENT AND SUPPORT TO OUTPATIENT PHARMACIES NATIONWIDE. UNLIKE OTHER CONSULTANTS, ISMP CONSTANTLY UPDATES ITS EVIDENCED-BASED PREVENTION STRATEGIES WITH REAL-TIME INFORMATION GAINED FROM ONGOING ANALYSIS OF THOUSANDS OF REPORTS SUBMITTED TO ITS NATIONAL VOLUNTARY ERROR REPORTING PROGRAMS.ERROR REPORTING AND ANALYSIS: THE VOLUNTARY ISMP NATIONAL MEDICATION ERRORS REPORTING PROGRAM (ISMP MERP) WAS STARTED IN ORDER TO LEARN ABOUT ERRORS HAPPENING ACROSS THE NATION, UNDERSTAND CAUSES, AND SHARE "LESSONS LEARNED" WITH THE HEALTHCARE COMMUNITY. EACH YEAR, THE PROGRAM RECEIVES A FEW THOUSAND REPORTS FROM HEALTHCARE PRACTITIONERS, AND THAT INFORMATION IS USED TO BRING ABOUT LARGE-SCALE CHANGES IN MEDICATION SAFETY. NATIONAL ALERT NETWORK (NAN) ALERTS BASED ON INFORMATION SUBMITTED TO THE PROGRAM WARN PROVIDERS OF RISK FOR ERRORS THAT HAVE CAUSED SERIOUS HARM OR DEATH. ISMP ALSO ESTABLISHED THE FIRST CONSUMER ERROR REPORTING SYSTEM THROUGH ITS CONSUMER WEBSITE (WWW.CONSUMERMEDSAFETY.ORG) AS WELL AS A NATIONAL VACCINE ERRORS REPORTING PROGRAM (ISMP VERP). RESEARCH AND BEST PRACTICES DEVELOPMENT: IN ADDITION TO DISSEMINATING INFORMATION ON SAFE MEDICATION USE GAINED THROUGH ITS REPORTING PROGRAMS AND OTHER SOURCES, ISMP CONDUCTS ORIGINAL RESEARCH TO HELP PROVIDE EVIDENCE-BASED SOLUTIONS AND DEVELOPS GUIDANCE AND PREVENTION STRATEGIES TO PREVENT ERRORS. ISMP MOST RECENTLY ISSUED THE 2022-2023 TARGETED MEDICATION SAFETY BEST PRACTICES FOR HOSPITALS TO IDENTIFY, INSPIRE, AND MOBILIZE NATIONAL ACTION ON RECURRING SAFETY PROBLEMS. ISMP ALSO HAS CONDUCTED NATIONAL MEDICATION SAFETY SELF-ASSESSMENTS FOR ACUTE CARE HOSPITALS IN 2000, 2004, AND 2011, A SELF-ASSESSMENT FOR HIGH-ALERT MEDICATIONS IN 2018 AND A SELF-ASSESSMENT FOR PERIOPERATIVE MEDICATION SAFETY IN 2021. TOPICS THAT OTHER ISMP SELF-ASSESSMENTS HAVE ADDRESSED INCLUDE ONCOLOGY, COMMUNITY/AMBULATORY PHARMACY, AND ANTITHROMBOTIC THERAPY.
Expenses $1,190,319 · Revenue $996,362
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Marcus SchabackerMARCUS SCHABACKER
DIRECTOR - CHAIR
- Total calculated
- $1,046,311
- From this org
- $0
- From related orgs
- $994,872
- Other
- $51,439
- Hours/week
- 2 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $786,270 related
- Bonus
- $0 + $203,700 related
- Other
- $0 + $4,902 related
- Deferred
- $0 + $12,200 related
- Nontaxable benefits
- $0 + $39,239 related
- Filer's total
- $0 + $1,046,311 related
-
Dheerendra KommalaDHEERENDRA KOMMALA
DIRECTOR
- Total calculated
- $788,812
- From this org
- $0
- From related orgs
- $763,603
- Other
- $25,209
- Hours/week
- 2 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $440,368 related
- Bonus
- $0 + $320,613 related
- Other
- $0 + $2,622 related
- Deferred
- $0 + $12,200 related
- Nontaxable benefits
- $0 + $13,009 related
- Filer's total
- $0 + $788,812 related
-
Peter CatalanoPETER CATALANO
DIRECTOR - TREASURER
- Total calculated
- $616,527
- From this org
- $0
- From related orgs
- $569,934
- Other
- $46,593
- Hours/week
- 2 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $343,039 related
- Bonus
- $0 + $222,633 related
- Other
- $0 + $4,262 related
- Deferred
- $0 + $12,200 related
- Nontaxable benefits
- $0 + $34,393 related
- Filer's total
- $0 + $616,527 related
-
Janice DunsavageJANICE DUNSAVAGE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Randal WhiteRANDAL WHITE
SECRETARY
- Total calculated
- $419,020
- From this org
- $0
- From related orgs
- $372,140
- Other
- $46,880
- Hours/week
- 2 + 25 related
Schedule J breakdown matched by us
- Base
- $0 + $285,883 related
- Bonus
- $0 + $86,257 related
- Other
- $0
- Deferred
- $0 + $12,200 related
- Nontaxable benefits
- $0 + $34,680 related
- Filer's total
- $0 + $419,020 related
-
Rita JewRITA JEW
PRESIDENT
- Total calculated
- $290,176
- From this org
- $278,099
- From related orgs
- $0
- Other
- $12,077
- Hours/week
- 43 + 2 related
Schedule J breakdown matched by us
- Base
- $252,640
- Bonus
- $22,500
- Other
- $2,959
- Deferred
- $11,010
- Nontaxable benefits
- $1,067
- Filer's total
- $290,176
-
Susan PaparellaSUSAN PAPARELLA
VP, SERVICES
- Total calculated
- $186,468
- From this org
- $178,749
- From related orgs
- $0
- Other
- $7,719
- Hours/week
- 42
Schedule J breakdown matched by us
- Base
- $174,299
- Bonus
- $4,450
- Other
- $0
- Deferred
- $7,033
- Nontaxable benefits
- $686
- Filer's total
- $186,468
-
Michael CohenMICHAEL COHEN
PRESIDENT EMERITUS
- Total calculated
- $157,651
- From this org
- $151,588
- From related orgs
- $0
- Other
- $6,063
- Hours/week
- 16
Schedule J breakdown matched by us
- Base
- $113,200
- Bonus
- $38,388
- Other
- $0
- Deferred
- $6,063
- Nontaxable benefits
- $0
- Filer's total
- $157,651
-
Christina MichalekCHRISTINA MICHALEK
DIRECTOR, MEMBERSHIP AND PSO
- Total calculated
- $175,069
- From this org
- $174,394
- From related orgs
- $0
- Other
- $675
- Hours/week
- 49
Schedule J breakdown matched by us
- Base
- $168,073
- Bonus
- $4,450
- Other
- $1,871
- Deferred
- $0
- Nontaxable benefits
- $675
- Filer's total
- $175,069
-
Michelle MandrackMICHELLE MANDRACK
DIRECTOR, CONSULTING
- Total calculated
- $172,790
- From this org
- $154,488
- From related orgs
- $0
- Other
- $18,302
- Hours/week
- 41
Schedule J breakdown matched by us
- Base
- $151,825
- Bonus
- $0
- Other
- $2,663
- Deferred
- $6,201
- Nontaxable benefits
- $12,101
- Filer's total
- $172,790
-
Michael GauntMICHAEL GAUNT
SR MGR, ERROR REPORTING
- Total calculated
- $145,639
- From this org
- $139,534
- From related orgs
- $0
- Other
- $6,105
- Hours/week
- 42
-
Matthew GrissingerMATTHEW GRISSINGER
DIRECTOR, EDUCATION
- Total calculated
- $143,989
- From this org
- $138,147
- From related orgs
- $0
- Other
- $5,842
- Hours/week
- 40
-
Rebecca LamisREBECCA LAMIS
MGR, MED SAFETY BOARD
- Total calculated
- $132,585
- From this org
- $116,508
- From related orgs
- $0
- Other
- $16,077
- Hours/week
- 40
-
Ann ShastayANN SHASTAY
SR MGR, PUBLICATIONS
- Total calculated
- $124,702
- From this org
- $119,468
- From related orgs
- $0
- Other
- $5,234
- Hours/week
- 45
-
Shannon BertagnoliSHANNON BERTAGNOLI
MED SAFETY SPEC, PUB. (AS OF 3/7/22)
- Total calculated
- $119,010
- From this org
- $112,590
- From related orgs
- $0
- Other
- $6,420
- Hours/week
- 40
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 · Form 990 of other organizations
- 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
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
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.
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EMERGENCY CARE RESEARCH INSTITUTE
501(C)(3) · IMPROVE HEALTHCARE · PA
-
501(C)(3) · INACTIVE · PA
Directly controlled by EMERGENCY CARE RESEARCH INSTITUTE
-
501(C)(3) · INACTIVE · PA
Directly controlled by EMERGENCY CARE RESEARCH INSTITUTE
-
501(C)(3) · INACTIVE · PA
Directly controlled by EMERGENCY CARE RESEARCH INSTITUTE
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Disregarded entities
Part I: entities that legally are the filer and file no return of their own.
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MEDICATION SAFETY OFFICERS SOCIETY LLC
EDUCATION · PA · income $0 · assets $0
Directly controlled by INSTITUTE FOR SAFE MEDICATION PRACTICES
Related corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
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CENTER FOR ACCESSIBLE TRANSPORTATION AND ASSISTIVE TECHNOLOGY
C · INACTIVE · PA
Directly controlled by EMERGENCY CARE RESEARCH INSTITUTE
-
ECRI BHD
C · IMPROVE HEALTHCARE · MY
Directly controlled by EMERGENCY CARE RESEARCH INSTITUTE
-
ECRI INC
C · INACTIVE · PA
Directly controlled by EMERGENCY CARE RESEARCH INSTITUTE
-
ECRI MEA INC
C · ACTIVE · PA
Directly controlled by EMERGENCY CARE RESEARCH INSTITUTE
-
NATIONAL SAFETY TECHNOLOGIES
C · INACTIVE · PA
Directly controlled by EMERGENCY CARE RESEARCH INSTITUTE
-
MED SAFETY BOARD INC
C · PRODUCT EVALUATION OF PHARMACEUTICALS · PA · 100% owned · share of income $227,817 · share of assets $299,772
Directly controlled by INSTITUTE FOR SAFE MEDICATION PRACTICES
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 10 October 2023
- IRS schema version
- 2022v5.0
- Source object
- 202332929349301513
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