Overview
What is Healthcare Distribution Alliance?
The Healthcare Distribution Alliance (HDMA) serves as a pivotal organization that bridges the gap between pharmaceutical manufacturers and healthcare providers in the United States. As the national association for primary pharmaceutical distributors, HDMA advocates for sound public policies ensuring patient access to medications and medical products via safe, efficient, and effective distribution channels. They lead industry discussions, collaborate with stakeholders, and share innovative solutions, facilitating the growth and development of their members.
Official website here: www.hda.org
What are the reviews and ratings of this charity?
The Healthcare Distribution Alliance currently does not have a rating on Charity Navigator because it lacks the necessary beacons to be evaluated. This absence of a rating should not be interpreted as positive or negative but rather as an indication that the organization is not yet assessed. The lack of evaluation is primarily due to its non-501(c)(3) IRS status, which limits the scope of Charity Navigator's assessment methodologies.
Charity Navigator typically evaluates nonprofits based on metrics like Accountability & Finance, Impact & Measurement, and Leadership & Adaptability. Since Healthcare Distribution Alliance is not registered as a 501(c)(3) nonprofit, it doesn't qualify for these evaluations. This restricts access to insights about their operational efficiency and fiscal responsibility that contribute to public trust and confidence.
Without additional data on revenue, expenses, or key salaries, transparency metrics remain unexamined for this organization. Its independent status and foundation code imply a structural distinction from traditional 501(c)(3) bodies, which could affect how it is perceived and operated but precludes standard nonprofit evaluations. There are no user reviews available from GreatNonprofits to further inform public perception.
This AI summary has been generated from information found on Charity Navigator.
Is Healthcare Distribution Alliance legitimate?
Healthcare Distribution Alliance is a legitimate nonprofit organization registered as a 501(c)(6) entity. Healthcare Distribution Alliance submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $4,355,711
Professional Fundraising Fees: $0
Other Salaries and Wages: $6,186,716
For more financial information, click here
Official website here: www.hda.org
What is the mission statement of Healthcare Distribution Alliance?
The Healthcare Distribution Alliance (HDMA) serves as the national voice for primary pharmaceutical distributors, bridging the gap between pharmaceutical manufacturers and healthcare providers. HDMA advocates for sound public policies that ensure patient access to medicines and medical products through safe, efficient, and effective distribution. The organization leads industry discussions on policy issues, business practices, and industry guidelines, enabling members to develop innovative solutions. HDMA facilitates collaboration with various stakeholders, providing a platform for discussions, education, and the sharing of leading practices. In summary, HDMA plays a crucial role in strengthening the pharmaceutical supply chain and ensuring the timely delivery of essential medications to healthcare providers.
Official website here: www.hda.org
Who is the CEO of Healthcare Distribution Alliance?
Chip Davis is the President & Ceo of Healthcare Distribution Alliance. The CEO's salary of Healthcare Distribution Alliance is $1,828,643 and their total compensation is $2,223,101.
Official website here: www.hda.org
What is the revenue of Healthcare Distribution Alliance?
Healthcare Distribution Alliance's revenue in 2022 was $25,293,414.
Official website here: www.hda.org
Who are the executives of Healthcare Distribution Alliance and what are their salaries?
The average compensation at Healthcare Distribution Alliance during 2022 was $224,307. There are 47 employees and 75 volunteers at Healthcare Distribution Alliance.
Here are 44 key members and their salaries (Healthcare Distribution Alliance's CEO's salary is $1,828,643 and their total compensation is $2,223,101):
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- Compensation: $1,828,643
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- Other: $357,139
- Compensation: $534,535
- Related: $28,133
- Other: $85,381
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- Compensation: $383,728
- Related: $164,456
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- Other: $59,445
Official website here: www.hda.org
Where can I find the form 990 for Healthcare Distribution Alliance?
Healthcare Distribution Alliance's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.hda.org
Learn more at the official website: www.hda.org
Mission Statement of Healthcare Distribution Alliance
The Healthcare Distribution Alliance (HDMA) serves as a powerful advocate for sound public policy that ensures patient access to medicines and medical products through safe, efficient, and effective distribution. Based in the United States, this esteemed organization plays a pivotal role in connecting pharmaceutical manufacturers and healthcare providers.
HDMA's mission is multifaceted. Primarily, it leads the healthcare supply chain in policy issues, business practices, and industry guidelines to help its members develop innovative solutions. Furthermore, HDMA fosters conversations with public and private stakeholders, offering education and facilitating the exchange of leading practices within the industry.
As the national association representing primary pharmaceutical distributors, HDMA stands as a vital link between the pharmaceutical manufacturing sector and the healthcare provider community. By advocating for public policies that support patient access to essential medicines and medical products, HDMA's influence extends beyond its membership base, positively impacting the healthcare landscape as a whole.
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Impact
October, 2024
The Healthcare Distribution Alliance (HDA) plays a crucial role in advocating for policies that enhance patient access to essential medicines and medical products. By promoting sound public policy, HDA ensures that the distribution of healthcare products is safe, efficient, and effective.
HDA leads the healthcare supply chain in addressing key policy issues, developing best business practices, and establishing industry guidelines. This leadership supports its members in innovating solutions that improve healthcare delivery.
Additionally, HDA actively convenes and partners with both public and private stakeholders to foster discussions around industry challenges, providing education and promoting the sharing of best practices. This collaboration strengthens the overall healthcare system and improves the quality of patient care across the nation.
In essence, HDA's impact extends beyond the distribution sector, as it influences public policy and fosters innovation, ultimately contributing to community improvement in healthcare access and quality.
This information is meant to be a general summary of Healthcare Distribution Alliance. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: -$25,955
- Program Service Revenue: $25,198,603
- Gross Receipts: $32,020,329
Assets and Liabilities:
- Total Assets: $18,391,555
- Total Liabilities: $8,344,123
- Net Assets: $10,047,432
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES & ASSESSMENTS
Revenue
$21,843,309
MEETINGS & ACTIVITIES
Revenue
$3,353,164
PUBLICATIONS
Revenue
$2,130
Organization Details
Founding Year
1944
Phone
(703) 885-0268Principal Officer
Chip Davis
Main Address
901 NORTH GLEBE ROAD 1000, ARLINGTON, VA, 22203
Website
www.hda.orgNTEE Category
Code: S41 - Community improvement
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