Philadelphia Drug Exchange

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

EIN: 236294316 ✦ West chester, PA ✦ Designated as a 501(c)(6)

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Overview

What is Philadelphia Drug Exchange?

Philadelphia Drug Exchange, as described, is a nonprofit organization devoted to the pharmaceutical sector and future advancements. Notably, they offer the PDE Scholarship Program, which provides financial aid to the children of its member company employees, enabling them to pursue higher education in colleges. By doing so, Philadelphia Drug Exchange demonstrates its commitment to nurturing the upcoming generation within the pharmaceutical industry.


Official website here: www.pdetrade.org

Is Philadelphia Drug Exchange legitimate?

Philadelphia Drug Exchange is a legitimate nonprofit organization registered as a 501(c)(6) entity. Philadelphia Drug Exchange submitted a form 990EZ, 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.


Official website here: www.pdetrade.org

What is the mission statement of Philadelphia Drug Exchange?

Philadelphia Drug Exchange, through its mission, prioritizes education and the future of the pharmaceutical industry. With their PDE Scholarship Program, they offer financial aid to the children of their employee company's staff, enabling them to pursue higher education in college. This initiative underscores PDE's commitment to investing in the next generation of the pharmaceutical sector.


Official website here: www.pdetrade.org

Who is the CEO of Philadelphia Drug Exchange?

Susan Stipa is the Treasurer of Philadelphia Drug Exchange.


Official website here: www.pdetrade.org

What is the revenue of Philadelphia Drug Exchange?

Philadelphia Drug Exchange's revenue in 2022 was $33,544.


Official website here: www.pdetrade.org

Who are the executives of Philadelphia Drug Exchange and what are their salaries?


Here are 4 key members and their salaries:


Philip J Milia Jr (Vice President - Volunteer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dean Dinnocenti (President - Volunteer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maureen Bellafante (Administrative Manager - Stipend)
  • Compensation: $6,000
  • Related: $0
  • Other: $0
Susan Stipa (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.pdetrade.org

Where can I find the form 990EZ for Philadelphia Drug Exchange?

Philadelphia Drug Exchange's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.pdetrade.org

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

Mission Statement of Philadelphia Drug Exchange

Philadelphia Drug Exchange, abbreviated as PDE, is committed to education and the future of the pharmaceutical industry. As part of its mission, PDE has established the PDE Scholarship Program. This initiative aims to provide financial assistance to the children of its employee base, encouraging them to pursue higher education at the collegiate level. By investing in the education of future generations, PDE demonstrates its dedication to the long-term growth and success of the pharmaceutical industry.

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Impact




October, 2024

Philadelphia Drug Exchange plays a significant role in fostering education within the pharmaceutical sector. Its scholarship program provides financial assistance to the children of employees from its member companies who aspire to pursue higher education. This initiative not only supports individual family goals but also strengthens the future workforce of the pharmaceutical industry by encouraging young individuals to enter this vital field. By investing in education, Philadelphia Drug Exchange helps cultivate a new generation of skilled professionals, thus ensuring the continued growth and innovation within the industry.




This information is meant to be a general summary of Philadelphia Drug Exchange. 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.

Revenue
$33,544 (2022)
Expenses
$31,338 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $35,544

Assets and Liabilities:

  • Total Assets: $9,733
  • Total Liabilities: $0
  • Net Assets: $9,733

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Organization Details

Principal Officer

Susan Stipa

Main Address

PO Box 1298, West Chester, PA, 19380

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