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← AMERICAN PHARMACISTS ASSOCIATION

Form 990 for tax year 2024

Filed by AMERICAN PHARMACISTS ASSOCIATION.

Totals

Total revenue
$40,821,329
Total expenses
$37,958,072
Contributions and grants received
$1,960,648
Grants paid
$210,697
Program service revenue
$30,104,445
Investment income
$4,717,456
Other revenue
$4,038,780
Total assets, end of year
$162,590,387
Total liabilities, end of year
$121,802,311
Net assets or fund balances, end of year
$40,788,076
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.

  • 1e · Government grants (contributions)

    $742,161

  • 1f · All other contributions, gifts and grants

    $1,218,487

  • 2a · Program service revenue: MEETINGS & EDUCATIONAL

    total $11,724,753 · related or exempt $11,724,753

  • 2b · Program service revenue: CERTIFICATION

    total $10,166,225 · related or exempt $10,166,225

  • 2c · Program service revenue: PUBLICATIONS

    total $3,302,334 · related or exempt $3,155,934 · unrelated business $146,400

  • 2d · Program service revenue: MEMBERSHIP DUES

    total $3,165,450 · related or exempt $3,165,450

  • 2e · Program service revenue: ADVERTISING

    total $1,745,683 · unrelated business $1,745,683

  • 3 · Investment income

    total $2,821,559 · excluded $2,821,559

  • 5 · Royalties

    total $808,508 · excluded $808,508

  • 6a · Gross rents

    real property $9,251,592

  • 6b · Less rental expenses

    real property $8,126,615

  • 6c · Rental income or loss

    real property $1,124,977

  • 6d · Net rental income or loss

    total $1,124,977 · unrelated business $1,124,977

  • 7a · Gross sales of assets other than inventory

    securities $17,948,613 · other assets $406,367

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

    securities $16,338,936 · other assets $120,147

  • 7c · Gain or loss

    securities $1,609,677 · other assets $286,220

  • 7d · Net gain or loss

    total $1,895,897 · excluded $1,895,897

  • 11a · Other revenue: OTHER INVESTMENT INCOM

    total $882,406 · excluded $882,406

  • 11b · Other revenue: GARAGE RENTAL INCOME

    total $840,653 · related or exempt $316,295 · unrelated business $524,358

  • 11c · Other revenue: TERRACE RENTAL INCOME

    total $128,326 · unrelated business $128,326

  • 11d · All other revenue

    total $253,910 · related or exempt $50,000 · excluded $203,910

  • 11e · Other revenue, total

    $2,105,295

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $210,697

  • 5 · Compensation of officers, directors and key employees

    total $2,200,149

  • 7 · Other salaries and wages

    total $12,849,799

  • 8 · Pension plan contributions

    total $525,525

  • 9 · Other employee benefits

    total $1,409,971

  • 10 · Payroll taxes

    total $1,043,704

  • 11b · Fees: legal

    total $306,173

  • 11c · Fees: accounting

    total $87,248

  • 11f · Fees: investment management

    total $330,347

  • 11g · Fees: other

    total $3,587,076

  • 13 · Office expenses

    total $1,681,840

  • 14 · Information technology

    total $2,981,043

  • 16 · Occupancy

    total $453,293

  • 17 · Travel

    total $1,451,950

  • 19 · Conferences, conventions and meetings

    total $3,293,381

  • 20 · Interest

    total $1,315,356

  • 22 · Depreciation, depletion and amortization

    total $815,283

  • 23 · Insurance

    total $264,393

  • 24a · Other expenses: STRATEGIC OPPORTUNITY F

    total $1,657,752

  • 24b · Other expenses: PUBLICATIONS & EDITORIA

    total $299,054

  • 24c · Other expenses: PROFESSIONAL DUES & SUB

    total $271,606

  • 24d · Other expenses: INCOME TAX

    total $211,423

  • 24e · All other expenses

    total $711,009

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $396 · end of year $339

  • 2 · Savings and temporary cash investments

    beginning of year $16,246,227 · end of year $15,643,393

  • 4 · Accounts receivable

    beginning of year $13,924,592 · end of year $11,647,994

  • 8 · Inventories for sale or use

    beginning of year $166,377 · end of year $154,898

  • 9 · Prepaid expenses and deferred charges

    beginning of year $940,553 · end of year $1,144,816

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

    $120,021,740

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

    $65,637,635

  • 10c · Land, buildings and equipment, net

    beginning of year $55,936,662 · end of year $54,384,105

  • 11 · Investments: publicly traded securities

    beginning of year $67,927,519 · end of year $76,723,559

  • 12 · Investments: other securities

    end of year $408,129

  • 14 · Intangible assets

    beginning of year $258,466 · end of year $258,466

  • 15 · Other assets

    beginning of year $2,316,178 · end of year $2,224,688

  • 17 · Accounts payable and accrued expenses

    beginning of year $5,615,738 · end of year $6,420,002

  • 19 · Deferred revenue

    beginning of year $5,395,336 · end of year $6,279,063

  • 23 · Secured mortgages and notes payable

    beginning of year $106,406,341 · end of year $104,123,897

  • 25 · Other liabilities

    beginning of year $4,910,926 · end of year $4,979,349

  • 27 · Net assets without donor restrictions

    beginning of year $35,241,060 · end of year $40,638,550

  • 28 · Net assets with donor restrictions

    beginning of year $147,569 · end of year $149,526

Mission and programs · 2024

Mission

AS THE VOICE OF PHARMACY, THE AMERICAN PHARMACISTS ASSOCIATION LEADS THE PROFESSION AND EQUIPS MEMBERS FOR THEIR ROLE AS THE MEDICATION EXPERT IN TEAM-BASED, PATIENT-CENTERED CARE. APHA WILL ACCOMPLISH THIS BY:* ADVANCING PHARMACISTS' OPTIMAL ROLES IN TEAM-BASED, PATIENT-CENTERED CARE.* PROVIDING OPPORTUNITIES FOR PROFESSIONAL DEVELOPMENT, RECOGNITION, DIFFERENTIATION, AND LEADERSHIP.* DISSEMINATING TIMELY RELEVANT INFORMATION AND STATE-OF-THE-ART TOOLS AND RESOURCES.* RAISING SOCIETAL AWARENESS ABOUT THE ROLE OF PHARMACISTS AS ESSENTIAL IN PATIENT CARE FOR OPTIMAL MEDICATION USE.* CREATING UNIQUE OPPORTUNITIES FOR MEMBERS TO CONNECT AND SHARE WITH PEERS ACROSS PRACTICE SETTINGS.

  • THE AMERICAN PHARMACISTS ASSOCIATION (APHA) LEADS THE PHARMACY PROFESSION BY SUPPORTING PHARMACISTS, STUDENT PHARMACISTS, AND PHARMACY TECHNICIANS IN THEIR ROLE OPTIMIZING MEDICATION USE AND PATIENT HEALTH OUTCOMES AND ENSURING PATIENTS HAVE ACCESS TO PHARMACISTS' CARE. WE DO THIS THROUGH OUR STRONG AND EFFECTIVE ADVOCACY, TOP NOTCH EDUCATION, PRACTICE TOOLS, AND RESOURCES, DISSEMINATION OF EVIDENCE, AND OPPORTUNITIES FOR MEMBERS TO ENGAGE AND LEARN FROM EACH OTHER. APHA IS THE PHARMACY VOICE AT THE TABLE IN DEVELOPING NATIONAL GUIDELINES, POLICIES, AND BEST PRACTICES THAT ADVANCE THE PROFESSION AND PATIENT CARE.FROM OUR HEADQUARTERS IN WASHINGTON, D.C., APHA PREPARES MEMBERS TO THRIVE AT EVERY CAREER STAGE AND IN EVERY PHARMACY SETTING WITH WORLD-CLASS CONTINUING EDUCATION, TRANSFORMATIVE EVENTS, UNIQUE PRACTICE TOOLS, AND TIMELY SOLUTIONS TO COMPLEX CHALLENGES. WE'RE COMMITTED TO HELPING THEM DELIVER OUTSTANDING PATIENT CARE, RECEIVE DUE RECOGNITION, AND WORK AT A FULL SCOPE OF PRACTICE. PHARMACISTS PLAY A CRITICAL ROLE IN HELPING PATIENTS OVERCOME ILLNESS AND LIVE HEALTHIER LIVES THROUGH CHRONIC DISEASE MANAGEMENT AND THE FULLY EFFECTIVE USE OF THEIR MEDICINES. APHA ADVOCATES AT THE NATIONAL AND STATE LEVEL TO GIVE PHARMACISTS A VOICE IN DECISIONS THAT AFFECT THEIR FUTURE WHILE PROMOTING THEIR UNDENIABLE VALUE TO HEALTH CARE TEAMS. OUR GOAL IS TO FACILITATE PHARMACISTS' DELIVERY OF THE HIGHEST QUALITY PATIENT-CENTERED CARE.CONTINUING EDUCATION - APHA IS A LEADING PROVIDER OF CONTINUING PHARMACY EDUCATION AND TRAINING ON TOPICS OF GREATEST IMPORTANCE TO PHARMACISTS. COURSES AND TRAINING ARE OFFERED IN A VARIETY OF FORMATS - IN-PERSON, LIVE-WEBINAR, SELF PACED LEARNING - ALL DELIVERED BY EXPERTS IN THE FIELD.

  • BOARD OF PHARMACY SPECIALTIES (BPS) - BPS IS THE PREMIER POST-LICENSURE CERTIFICATION AGENCY WORLDWIDE THAT OPERATES ACROSS THE PHARMACY PROFESSION TO PROVIDE SPECIALTY CERTIFICATION OF PHARMACISTS. THE CERTIFICATIONS INCLUDE AMBULATORY CARE, CARDIOLOGY, CRITICAL CARE, GERIATRIC, INFECTIOUS DISEASES, NUCLEAR, NUTRITION SUPPORT, ONCOLOGY, PAIN MANAGEMENT, PEDIATRICS, PSYCHIATRIC, PHARMACOTHERAPY, SOLID ORGAN TRANSPLANT, STERILE COMPOUNDING, AND EMERGENCY MEDICINE.

  • PUBLISHING - APHA PRODUCES PHARMACY TODAY, THE JOURNAL OF AMERICAN PHARMACISTS ASSOCIATION, STUDENT PHARMACISTS. THE JOURNAL OF AMERICAN PHARMACISTS ASSOCIATION PROVIDES MEMBERS AND NONMEMBERS WITH PEER-REVIEWED ARTICLES, WHILE THE OTHER PUBLICATIONS PROVIDE NEWS AND INFORMATION TO MEMBERS AND NONMEMBERS IN PHARMACY PRACTICE, RESEARCH AND EDUCATION SETTINGS. APHA PRODUCES THE JOURNAL OF PHARMACEUTICAL SCIENCES WHICH INCLUDES ARTICLES OF IMPORTANCE TO PHARMACEUTICAL SCIENTISTS. APHA ALSO PUBLISHES BOOKS RELATED TO THE PHARMACY PROFESSION AND TEXT BOOKS USED BY STUDENT PHARMACISTS. PHARMACY LIBRARY FEATURES APHA'S AUTHORITATIVE TEXTBOOKS, PHARMACOTHERAPY FIRST, AN INTERACTIVE NAPLEX REVIEW AND MORE THAN 250 ACTIVE LEARNING EXERCISES.

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • MICHAEL HOGUE

    EXECUTIVE VP & CEO

    Total calculated
    $772,270
    From this org
    $715,504
    From related orgs
    $0
    Other
    $56,766
    Hours/week
    40 + 2 related

    Schedule J breakdown matched by us

    Base
    $674,087
    Bonus
    $4,556
    Other
    $36,861
    Deferred
    $18,401
    Nontaxable benefits
    $38,365
    Filer's total
    $772,270

  • ALEX VARKEY

    PRESIDENT

    Total calculated
    $10,000
    From this org
    $10,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    5

  • RANDY MCDONOUGH

    PRESIDENT-ELECT

    Total calculated
    $10,000
    From this org
    $10,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    5

  • VALERIE PRINCE

    PAST PRESIDENT

    Total calculated
    $10,000
    From this org
    $10,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    5

  • SPENCER HARPE

    TRUSTEE (THRU 3/24)

    Total calculated
    $10,000
    From this org
    $10,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    1

  • GREGORY FOX

    TREASURER

    Total calculated
    $5,000
    From this org
    $5,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    1

  • STEPHEN CARROLL

    TRUSTEE

    Total calculated
    $875
    From this org
    $875
    From related orgs
    $0
    Other
    $0
    Hours/week
    1

  • VIBHUTI ARYA

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • LAUREN BODE

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • PATRICIA FABEL

    TRUSTEE (THRU 3/24)

    Total calculated
    $0
    Hours/week
    1

  • ANDREW GENTLES

    TRUSTEE (THRU 3/24)

    Total calculated
    $0
    Hours/week
    1

  • BRANDI HAMILTON

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • MARY KLEIN

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • VICTORIA LYLE

    TRUSTEE (THRU 3/24)

    Total calculated
    $0
    Hours/week
    1

  • MELISSA MCGIVNEY

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • MIRANDA MONTOYA

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • JEFF NEIGH

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • THERESA TOLLE

    TRUSTEE (THRU 3/24)

    Total calculated
    $0
    Hours/week
    1

  • CATHY WORRALL

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • HENRY YOUNG

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • SHANNON MORRISON

    CHIEF FINANCIAL OFFICER

    Total calculated
    $350,132
    From this org
    $296,568
    From related orgs
    $0
    Other
    $53,564
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $292,021
    Bonus
    $4,097
    Other
    $450
    Deferred
    $15,378
    Nontaxable benefits
    $38,186
    Filer's total
    $350,132

  • RAFAEL SAENZ

    CHIEF OF STAFF

    Total calculated
    $377,035
    From this org
    $325,599
    From related orgs
    $0
    Other
    $51,436
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $320,733
    Bonus
    $4,416
    Other
    $450
    Deferred
    $16,575
    Nontaxable benefits
    $34,861
    Filer's total
    $377,035

  • WILLIAM ELLIS

    EXECUTIVE DIRECTOR, BPS

    Total calculated
    $358,939
    From this org
    $315,227
    From related orgs
    $0
    Other
    $43,712
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $309,009
    Bonus
    $4,238
    Other
    $1,980
    Deferred
    $15,305
    Nontaxable benefits
    $28,407
    Filer's total
    $358,939

  • DAN ZLOTT

    SVP, EDUCATION AND BUS DEV

    Total calculated
    $295,897
    From this org
    $279,013
    From related orgs
    $0
    Other
    $16,884
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $275,000
    Bonus
    $3,713
    Other
    $300
    Deferred
    $11,820
    Nontaxable benefits
    $5,064
    Filer's total
    $295,897

  • MALLERY HOBBS

    VP, IT INFRASTRUCTURE & NETWORK OPS

    Total calculated
    $279,776
    From this org
    $242,945
    From related orgs
    $0
    Other
    $36,831
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $238,948
    Bonus
    $2,707
    Other
    $1,290
    Deferred
    $12,296
    Nontaxable benefits
    $24,535
    Filer's total
    $279,776

  • MARY WARNER

    VP, PUBLISHING

    Total calculated
    $241,026
    From this org
    $213,076
    From related orgs
    $0
    Other
    $27,950
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $206,440
    Bonus
    $2,826
    Other
    $3,810
    Deferred
    $10,608
    Nontaxable benefits
    $17,342
    Filer's total
    $241,026

  • AMIN SAIAR

    SR DIR, PSYCHOMETRICS, BPS

    Total calculated
    $239,949
    From this org
    $212,119
    From related orgs
    $0
    Other
    $27,830
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $208,917
    Bonus
    $2,902
    Other
    $300
    Deferred
    $10,892
    Nontaxable benefits
    $16,938
    Filer's total
    $239,949

  • MICHAEL BAXTER

    VP, GOVT AFFAIRS

    Total calculated
    $230,741
    From this org
    $205,873
    From related orgs
    $0
    Other
    $24,868
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $202,675
    Bonus
    $2,748
    Other
    $450
    Deferred
    $10,316
    Nontaxable benefits
    $14,552
    Filer's total
    $230,741

  • BRIAN LAWSON

    ASSOCIATE EXECUTIVE DIRECTOR, BPS

    Total calculated
    $226,855
    From this org
    $201,486
    From related orgs
    $0
    Other
    $25,369
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $198,455
    Bonus
    $2,731
    Other
    $300
    Deferred
    $10,251
    Nontaxable benefits
    $15,118
    Filer's total
    $226,855

  • ILISA BERNSTEIN

    FORMER EXECUTIVE VP & CEO

    Total calculated
    $307,691
    From this org
    $296,997
    From related orgs
    $0
    Other
    $10,694
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $167,308
    Bonus
    $0
    Other
    $129,689
    Deferred
    $8,365
    Nontaxable benefits
    $2,329
    Filer's total
    $307,691

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

  • 1a · Travel for companions
  • 1b · Written policy on the line-1a expenses
  • 2 · Substantiation required before reimbursing expenses
  • 3 · Independent compensation consultant
  • 3 · Form 990 of other organizations
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 4a · Severance or change-of-control payment

Answered no

  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement

The filer's explanations (Part III)

PART I, LINE 1A
MR. HOGUE WAS PERMITTED AN ALLOWANCE FOR TRAVEL FOR HIS WIFE TO APHA ANNUAL MEETING; THESE AMOUNTS WERE NOT TREATED AS TAXABLE COMPENSATION.
PART I, LINE 4A
A SEVERANCE PAYMENT OF $128,699 WAS PAID TO ILISA BERNSTEIN.

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

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.

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.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • 2215 HEALTH STAFFING LLC

    C · CAREER PLATFORM · DC · 100% owned · share of assets $408,129 · controlled entity

    Directly controlled by AMERICAN PHARMACISTS ASSOCIATION

Provenance

Return type
form_990
Tax year
2024
Filed
13 November 2025
IRS schema version
2024v5.2
Source object
202543179349306299

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