Pharmaceutical Industry Labor-Management Management Association

EIN: 431985339 Community Improvement

Columbus, OH

Total Revenue
$4,103,341
Total Expenses
$4,055,003
Total Assets
$614,630
Net Assets
$614,630
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2002
Legal Domicile
DE
Principal Officer
AJ Stokes
Phone
4194906337
Tax Period
2023-01-01 to 2023-12-31

Pharmaceutical Industry Labor-Management Management Association, founded in 2002, is a community nonprofit in the Community Improvement sector that reported $4.1M in total revenue in fiscal year 2023. Revenue grew 13% year-over-year, indicating healthy expansion.

Mission

THE ASSOCIATION RESOLVES TO: -WORK TOGETHER ON LEGISLATIVE, REGULATORY AND OTHER KEY ISSUES AFFECTING THE PHARMACEUTICAL AND ORGANIZED LABOR IN THE NATIONAL INTEREST; - DISCUSS AREAS WHERE THERE IS DISAGREEMENT BETWEN THE PARTIES IN A COMMITTED EFFORT TO FIND COMMON GROUND AND MUTUAL BENEFIT; - INVESTIGATE THE ISSUES AFFECTING ACCESS TO AND AFFORDABILITY OF MEDICINES; -FOCUS ON MAINTAINING STRONG STATESIDE EMPLOYMENT AND RESEARCH LEADERSHIP FOR THE U.S. INDUSTRY.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $4,103,341
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $4,103,341

Expense Breakdown

Grants Paid $594,892
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $3,785,134
Other Expenses $3,460,111
TOTAL EXPENSES $4,055,003

Year-over-Year Comparison

2023 2022 Change
Revenue $4,103,341 $3,631,000 +0.1%
Expenses $4,055,003 $3,541,521 +0.1%
Net Income $48,338 $89,479 -0.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
23
Independent Members
23
Employees
N/A
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
0
$0
Total Directors
26
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Adam Brand TRUSTEE 1.00
Director
$0 $0 $0
Timothy Dickson Trustee, non voting 1.00
Director
$0 $0 $0
ANTHONY GALLAGHER TRUSTEE 1.00
Director
$0 $0 $0
Askia Suruma Trustee 1.00
Director
$0 $0 $0
BRIAN NAGLE TRUSTEE 1.00
Director
$0 $0 $0
BRIDGET MARTIN TRUSTEE 1.00
Director
$0 $0 $0
Charles Clapton TRUSTEE 1.00
Director
$0 $0 $0
CHRIS LEPORE TRUSTEE 1.00
Director
$0 $0 $0
David Burt TRUSTEE 1.00
Director
$0 $0 $0
DENNIS SLOCUMB TRUSTEE 1.00
Director
$0 $0 $0
Drue Duncan TRUSTEE 1.00
Director
$0 $0 $0
JEFFREY SOTH TRUSTEE 1.00
Director
$0 $0 $0
John Gibson Trustee 1.00
Director
$0 $0 $0
Jon Rosenberger TRUSTEE 1.00
Director
$0 $0 $0
Jon Schlatter TRUSTEE 1.00
Director
$0 $0 $0
JOSEPH SELLERS CHAIRMAN 1.00
Director
$0 $0 $0
Karl Uhlendorf TRUSTEE 1.00
Director
$0 $0 $0
KEVIN O'CONNOR TRUSTEE 1.00
Director
$0 $0 $0
LEO FARBER TRUSTEE 1.00
Director
$0 $0 $0
Mark McManus CHAIRMAN 1.00
Director
$0 $0 $0
PHILIP THEVENET TRUSTEE 1.00
Director
$0 $0 $0
ROBERT FILIPPONE TRUSTEE 1.00
Director
$0 $0 $0
SHANNON GRAHAM SECRETARY/TREASURER 1.00
Director
$0 $0 $0
STEPHEN DODD TRUSTEE 1.00
Director
$0 $0 $0
Steve Sweeney Trustee 1.00
Director
$0 $0 $0
Steve Tilton TRUSTEE 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $4,103,341 $4,055,003 $614,630 $48,338
2022 $3,631,000 $3,541,521 $570,292 $89,479
2021 $14,704,562 $14,598,354 $483,613 $106,208
2021 $14,704,562 $14,598,354 $483,613 $106,208
2020 $3,941,000 $3,724,275 $368,320 $216,725
2019 $4,403,000 $4,355,788 $167,180 $47,212
2018 $2,343,000 $2,471,341 $119,968 $-128,341
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