National Assn Of Chain Drug Stores Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 135582579 ✦ Arlington, VA ✦ Designated as a 501(c)(6)

Overview

What is National Assn Of Chain Drug Stores Inc?

The National Assn Of Chain Drug Stores Inc, based in Arlington, Virginia, is a nonprofit organization dedicated to promoting the growth and advancement of the chain community pharmacy industry. With approximately 58 employees, they hold an annual meeting attracting over 2,000 registrants where directors and officers are elected, and key figures share insights on business, management, merchandising, and operations. They serve as a platform for executive-level interactions between chain drug members and supplier partners. The mission of this association is to strengthen the industry by fostering the role of chain community pharmacies as essential providers of healthcare services and consumer products.


Official website here: www.nacds.org

Is National Assn Of Chain Drug Stores Inc legitimate?

National Assn Of Chain Drug Stores Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. National Assn Of Chain Drug Stores Inc 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 not tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $6,497,271
Professional Fundraising Fees: $0
Other Salaries and Wages: $7,378,821

For more financial information, click here


Official website here: www.nacds.org

What is the mission statement of National Assn Of Chain Drug Stores Inc?

The National Assn Of Chain Drug Stores Inc focuses on advancing the interests and objectives of the chain community pharmacy industry. By fostering its growth, they promote the industry as a significant contributor to healthcare services and consumer products. The organization holds an annual meeting, attended by over 2,000 individuals, where directors and officers are elected, and key speakers share insights on business, management, merchandising, and operations. The gathering serves as a platform for executive-level meetings between chain drug members and supplier partners.


Official website here: www.nacds.org

Who is the CEO of National Assn Of Chain Drug Stores Inc?

Steven C Andersonfasaecaeiom is the President & Ceo of National Assn Of Chain Drug Stores Inc. The CEO's salary of National Assn Of Chain Drug Stores Inc is $2,240,616 and their total compensation is $2,287,572.


Official website here: www.nacds.org

What is the revenue of National Assn Of Chain Drug Stores Inc?

National Assn Of Chain Drug Stores Inc's revenue in 2022 was $40,499,380.


Official website here: www.nacds.org

Who are the executives of National Assn Of Chain Drug Stores Inc and what are their salaries?

The average compensation at National Assn Of Chain Drug Stores Inc during 2022 was $239,243. There are 58 employees and 50 volunteers at National Assn Of Chain Drug Stores Inc.

Here are 34 key members and their salaries (National Assn Of Chain Drug Stores Inc's CEO's salary is $2,240,616 and their total compensation is $2,287,572):

    Steven C Andersonfasaecae (President & Ceo) [Trustee/Director]
  • Compensation: $2,240,616
  • Related: $0
  • Other: $46,956

    • James A Whitman (Svp Member Programs/Services)
  • Compensation: $1,162,101
  • Related: $0
  • Other: $62,238

    • Christopher P Krese (Svp Congressional Relations & Com'S)
  • Compensation: $736,551
  • Related: $0
  • Other: $69,288

    • David M Fitzsimmons (Svp Finance)
  • Compensation: $503,798
  • Related: $0
  • Other: $69,187

    • Christie Boutte (Svp Reimb, Advocacy & Innovation)
  • Compensation: $493,855
  • Related: $0
  • Other: $56,621

    • Sara Roszak (Svp Health & Wellness Strategy)
  • Compensation: $456,984
  • Related: $0
  • Other: $71,067

    • Michael Ayotte (Svp Pharmacy Transform & Advocacy)
  • Compensation: $464,318
  • Related: $0
  • Other: $63,691

    • Mary Ellen Kleiman (Vp Legal Affairs)
  • Compensation: $437,277
  • Related: $0
  • Other: $34,900

    • Terrance Arth (Vp Member Programs)
  • Compensation: $385,059
  • Related: $0
  • Other: $66,527

    • Kevin Nicholson (Vp Regulatory Aff)
  • Compensation: $366,548
  • Related: $0
  • Other: $46,690

    • Sandra Kay Guckian (Vp State Govt)
  • Compensation: $318,461
  • Related: $0
  • Other: $45,341

    • William Tighe (Vp Federal Affairs)
  • Compensation: $300,619
  • Related: $0
  • Other: $62,795

    • Brian Nightengale (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Andre Persaud (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mike Wysong (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brad Cochran (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Randy Edeker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lynne Fruth (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Omer Gajial (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rick Gates (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mark Griffin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kevin Host (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sean Jackson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nimesh Jhaveri (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rick Keyes (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Colleen Lindholz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert Narveson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Martin Otto (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Craig Painter (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Luke Rauch (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dain Rusk (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Karen Staniforth (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sharon Sternheim (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Debbie Weitzmann (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.nacds.org

    Where can I find the form 990 for National Assn Of Chain Drug Stores Inc?

    The National Assn Of Chain Drug Stores Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.nacds.org

    Learn more at the official website: www.nacds.org

    Mission Statement of National Assn Of Chain Drug Stores Inc

    The National Assn Of Chain Drug Stores Inc, with its mission, is dedicated to advancing the interests and objectives of the chain community pharmacy industry. By fostering its growth, this organization promotes the role of chain drug stores as significant providers of healthcare services and consumer products. The association brings together industry leaders and stakeholders through various events and platforms, creating opportunities for collaboration and networking.

    At the heart of the National Assn Of Chain Drug Stores Inc's mission lies the commitment to fostering the growth of the chain community pharmacy industry. This includes supporting businesses in expanding their reach, improving their operations, and enhancing the services they offer to meet the evolving needs of consumers. By promoting the industry's role as a provider of essential healthcare services, the association empowers chain drug stores to make a positive impact on public health and wellbeing.

    Moreover, the National Assn Of Chain Drug Stores Inc serves as a valuable resource for its members, offering them a platform to engage with supplier partners and gain insights into industry trends, best practices, and innovative solutions. The organization's annual meeting is a testament to this, attracting over 2,000 registrants and providing a forum for executive-level meetings and knowledge-sharing. The event offers attendees valuable information on various aspects of business, management, merchandising, and operations, empowering them to make informed decisions and drive growth within their organizations.

    Impact

    This information is meant to be a general summary of National Assn Of Chain Drug Stores Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    The impact of the National Association of Chain Drug Stores Inc is significant in advancing the interests and objectives of the chain community pharmacy industry. By fostering its growth and promoting its role as a provider of healthcare services and consumer products, the organization plays a crucial role in shaping the industry landscape. Through initiatives like the annual meeting with over 2,000 registrants, where key addresses are delivered by industry leaders and guest speakers, the association provides a platform for networking, learning, and collaboration. This helps to drive innovation, improve operations, and ultimately serve the community better. The NACDS is instrumental in facilitating executive-level meetings between chain drug members and supplier partners, enabling strategic partnerships and fostering business development. Overall, the organization's efforts contribute to enhancing the quality of healthcare services and products provided by chain pharmacies, ultimately benefiting both the industry and the consumers.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $2,832,348
  • Program Service Revenue: $36,889,133
  • Gross Receipts: $40,499,380

    • Assets and Liabilities:
  • Total Assets: $97,504,027
  • Total Liabilities: $33,413,842
  • Net Assets: $64,090,185
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    Advertising

    Revenue

    $6,867

    Conference/Trade Show

    Revenue

    $25,414,801

    Legal/Coalition Support

    Revenue

    $583,501

    Membership Dues

    Revenue

    $10,883,964

    Organization Details

    Founding Year

    1933

    Principal Officer

    Steven C Andersonfasaecaeiom

    Main Address

    1776 Wilson Blvd 200, Arlington, VA, 22209

    NTEE Category

    Code: S41 - Community improvement

    If you are a representative of National Assn Of Chain Drug Stores Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.