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
What do the Facebook reviews say about National Assn Of Chain Drug Stores Inc?
90% of 15 reviewers on Facebook recommend the National Association of Chain Drug Stores Inc. Here is a summary of their reviews:
Enthusiastic praise highlights the engaging events organized by the association, such as "Meet the Market." Participants appreciate the opportunities for networking and learning that these events provide. Many express their excitement for the showcases and emphasize the value of connecting with industry professionals.
Overall, the sentiment surrounding the organization is positive, showcasing its effectiveness in fostering community and collaboration within the chain drug store sector. Users feel that their experiences have been worthwhile and beneficial for both personal growth and business development.
This AI summary has been generated from reviews found on Facebook.
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 tax deductible.
Heare 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):
- Compensation: $2,240,616
- Related: $0
- Other: $46,956
- Compensation: $1,162,101
- Related: $0
- Other: $62,238
- Compensation: $736,551
- Related: $0
- Other: $69,288
- Compensation: $503,798
- Related: $0
- Other: $69,187
- Compensation: $493,855
- Related: $0
- Other: $56,621
- Compensation: $456,984
- Related: $0
- Other: $71,067
- Compensation: $464,318
- Related: $0
- Other: $63,691
- Compensation: $437,277
- Related: $0
- Other: $34,900
- Compensation: $385,059
- Related: $0
- Other: $66,527
- Compensation: $366,548
- Related: $0
- Other: $46,690
- Compensation: $318,461
- Related: $0
- Other: $45,341
- Compensation: $300,619
- Related: $0
- Other: $62,795
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Official website here: www.nacds.org
Where can I find the form 990 for National Assn Of Chain Drug Stores Inc?
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.
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Impact
October, 2024
The National Association of Chain Drug Stores Inc (NACDS) plays a significant role in advancing the interests and objectives of the chain community pharmacy industry. By fostering the growth of pharmacies, NACDS enhances their capacity to serve as vital healthcare providers and suppliers of consumer products.
One of the key platforms for this influence is their annual meeting, which attracts over 2,000 registrants, including directors, officers, and industry stakeholders. This event features keynotes from influential leaders and offers essential insights into business management, merchandising, and operations within the pharmacy sector. It serves as a crucial forum for high-level discussions between chain drug members and suppliers, enabling collaboration that can drive innovation and improve service delivery.
NACDS's efforts not only support the pharmacy industry's economic health but also promote its integral role in community health and well-being. By advocating for the profession and providing resources for education and best practices, NACDS significantly impacts both the pharmacy industry and the broader healthcare landscape.
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.
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: $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
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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
Phone
(703) 549-3001Principal Officer
Steven C Andersonfasaecaeiom
Main Address
1776 Wilson Blvd 200, Arlington, VA, 22209
Website
www.nacds.orgNTEE Category
Code: S41 - Community improvement
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