NEW MEXICO PHARMACISTS ASSOCIATION

EIN: 850096044

ALBUQUERQUE, NM

Total Revenue
$381,056
Total Expenses
$320,461
Total Assets
$375,231
Net Assets
$286,930
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1949
Legal Domicile
NM
Principal Officer
J RICK HARTER
Phone
5052658729
Tax Period
2022-01-01 to 2022-12-31

NEW MEXICO PHARMACISTS ASSOCIATION, founded in 1949, is a small nonprofit that reported $381K in total revenue in fiscal year 2022. Revenue decreased 12% compared to the prior year. The organization ran a surplus of $61K, a strong 16% operating margin.

Mission

THE PRIMARY PURPOSE OF THE ORGANIZATION IS TO PROMOTE, DEVELOP AND ENCOURAGE THE DISTRIBUTION OF PHARMACEUTICAL SERVICES, EDUCATION AND ADVOCACY FOR ITS MEMBERS.

Program Service Accomplishments

Program 1
Expenses: $117,215 Revenue: $192,019

CONTINUING EDUCATION SEMINARS AND MEETINGS, PUBLICATIONS OF PROFESSIONAL LITERATURE FOR ITS MEMBERS, CODED DRUG MANUALS & PERIODIC UPDATES.

Program 2
Expenses: $122,394

MONITORING AND ADVOCACY IN THE LEGISLATURE AND AT THE STATE BOARD OF PHARMACY. EDUCATING LEGISLATORS REGARDING THE IMPACT OF PROPOSED LEGISLATION. REPRESENTING THE INTERESTS OF PHARMACIES AND...

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MONITORING AND ADVOCACY IN THE LEGISLATURE AND AT THE STATE BOARD OF PHARMACY. EDUCATING LEGISLATORS REGARDING THE IMPACT OF PROPOSED LEGISLATION. REPRESENTING THE INTERESTS OF PHARMACIES AND PHARMACISTS AT THE STATE LEGISLATURE AND STATE BOARD OF PHARMACY.

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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 (2022)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $380,605
Investment Income $346
Other Revenue $105
TOTAL REVENUE $381,056

Expense Breakdown

Grants Paid $0
Salaries & Benefits $184,832
Fundraising Expenses $0
Program Expenses $239,609
Other Expenses $135,629
TOTAL EXPENSES $320,461

Year-over-Year Comparison

2022 2021 Change
Revenue $381,056 $433,267 -0.1%
Expenses $320,461 $283,556 +0.1%
Net Income $60,595 $149,711 -0.6%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
23
Independent Members
22
Employees
3
Volunteers
60

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
6
$121,106
Total Directors
23
$121,106
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
J RICK HARTER TREASURER 3.00
Officer Director
$0 $0 $0
ASHLEY SEYFARTH VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
APRIL CROSS IMM PAST PRESIDENT 1.00
Officer Director
$0 $0 $0
R DALE TINKER EXECUTIVE DIRECTOR 50.00
Officer Director
$121,106 $0 $121,106
MATT MUNSON PRESIDENT 1.00
Officer Director
$0 $0 $0
AARON BUFFINGTON VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
APOORVA TIPARTI DIRECTOR 1.00
Director
$0 $0 $0
TIM COOPER DIRECTOR 1.00
Director
$0 $0 $0
RICHARD CANBY DIRECTOR 1.00
Director
$0 $0 $0
JANA BEHRENS DIRECTOR 1.00
Director
$0 $0 $0
DAVID SAIZ DIRECTOR 1.00
Director
$0 $0 $0
DEWEY FOUTZ DIRECTOR 1.00
Director
$0 $0 $0
L KIRK IRBY DIRECTOR 1.00
Director
$0 $0 $0
GREG D'AMOUR DIRECTOR 1.00
Director
$0 $0 $0
JENNIFER SMITH DIRECTOR 1.00
Director
$0 $0 $0
AMY BACHYRYCZ DIRECTOR 1.00
Director
$0 $0 $0
HANIFF SEALY DIRECTOR 1.00
Director
$0 $0 $0
CORYANN SENTENO DIRECTOR 1.00
Director
$0 $0 $0
MICHEL DISCO DIRECTOR 1.00
Director
$0 $0 $0
LUCAS MCGRATH DIRECTOR 1.00
Director
$0 $0 $0
CRAIG BURGESS DIRECTOR 1.00
Director
$0 $0 $0
DONALD GODWIN DIRECTOR 1.00
Director
$0 $0 $0
JACK VOLPATO DIRECTOR 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
2025 No data No data No data No data
2024 No data No data No data No data
2022 $381,056 $320,461 $375,231 $60,595
2021 $433,267 $283,556 $296,425 $149,711
2020 $337,919 $293,138 $301,183 $44,781
2019 $384,339 $367,321 $107,161 $17,018
2018 $366,128 $371,260 $105,817 $-5,132
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