Overview
What is Health Industry Distributors Association?
The Health Industry Distributors Association, located in Alexandria, Virginia, serves as a nonprofit organization that actively advocates for sound public policies pertaining to medical product distribution. By engaging in the legislative and regulatory process, they aim to influence policies that benefit their members and the healthcare sector as a whole. Their mission is to enhance the worth and utility of distribution in healthcare, promoting its relevance and significance. With a team of 31 dedicated individuals, the association educates decision-makers in government and healthcare on policy matters related to medical products.
Official website here: www.hida.org
Is Health Industry Distributors Association legitimate?
Health Industry Distributors Association is a legitimate nonprofit organization registered as a 501(c)(6) entity. Health Industry Distributors Association 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: $822,963
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,564,962
For more financial information, click here
Official website here: www.hida.org
What is the mission statement of Health Industry Distributors Association?
The Health Industry Distributors Association has a mission to enhance and uphold the significance of distribution in the healthcare sector. To accomplish this, they actively engage in advocacy efforts. This involves advocating for favorable public policies through active participation in the legislative and regulatory processes. Furthermore, they strive to educate their members and key decision-makers in government and healthcare about policy matters related to medical products.
Official website here: www.hida.org
Who is the CEO of Health Industry Distributors Association?
Matthew Rowan is the Chairman of Health Industry Distributors Association. The CEO's salary of Health Industry Distributors Association is $431,094 and their total compensation is $786,353.
Official website here: www.hida.org
What is the revenue of Health Industry Distributors Association?
Health Industry Distributors Association's revenue in 2022 was $4,380,391.
Official website here: www.hida.org
Who are the executives of Health Industry Distributors Association and what are their salaries?
The average compensation at Health Industry Distributors Association during 2022 was $77,030. There are 31 employees and 23 volunteers at Health Industry Distributors Association.
Here are 30 key members and their salaries (Health Industry Distributors Association's CEO's salary is $431,094 and their total compensation is $786,353):
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- Compensation: $431,094
- Related: $287,396
- Other: $67,863
- Compensation: $107,144
- Related: $107,143
- Other: $26,602
- Compensation: $200,220
- Related: $66,739
- Other: $40,648
- Compensation: $152,421
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- Other: $8,258
- Compensation: $78,036
- Related: $78,035
- Other: $14,165
- Compensation: $31,755
- Related: $285,787
- Other: $30,928
- Compensation: $187,270
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- Other: $21,588
- Compensation: $143,584
- Related: $0
- Other: $12,649
Official website here: www.hida.org
Where can I find the form 990 for Health Industry Distributors Association?
Health Industry Distributors Association's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.hida.org
Learn more at the official website: www.hida.org
Mission Statement of Health Industry Distributors Association
The Health Industry Distributors Association, abbreviated as HIDA, is committed to promoting the significance and utility of distribution in the healthcare sector. As part of its mission, HIDA strives to advocate for reasonable public policies through engagement in the legislative and regulatory processes. By doing so, the association aims to educate its members and key decision-makers in government and healthcare on matters related to medical products, ensuring that sound policies are in place. HIDA's mission is geared towards enhancing the value of distribution in healthcare, ultimately contributing to a more efficient and effective healthcare system.
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Impact
October, 2024
The Health Industry Distributors Association (HIDA) plays a crucial role in the healthcare landscape by advocating for effective distribution practices and policies. It focuses on advancing the use and value of distribution within healthcare systems, ensuring that medical products are delivered efficiently and safely.
Through active involvement in legislative and regulatory processes, HIDA influences sound public policies that impact the healthcare supply chain. The organization also educates its members and key decision-makers within government and healthcare about important policy issues surrounding medical products. This education fosters a better understanding of the distribution sector's role, ultimately leading to improved healthcare outcomes and enhanced community well-being.
Located in Alexandria, VA, HIDA's mission emphasizes the importance of distribution in healthcare, promoting practices that improve access to essential medical products. Its advocacy efforts and educational initiatives significantly contribute to the overall effectiveness and integrity of healthcare distribution, benefiting both providers and patients alike.
This information is meant to be a general summary of Health Industry Distributors Association. 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: -$371,357
- Program Service Revenue: $4,568,487
- Gross Receipts: $7,266,662
Assets and Liabilities:
- Total Assets: $5,636,087
- Total Liabilities: $1,304,090
- Net Assets: $4,331,997
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
REGISTRATION & EXHIBITOR FEES
Revenue
$1,466,630
PROJECT REVENUE
Revenue
$1,290,409
MEMBER DUES
Revenue
$1,022,475
SPONSORSHIPS
Revenue
$490,039
PUBS & PROD SALES
Revenue
$298,934
Organization Details
Founding Year
1916
Phone
(703) 549-4432Principal Officer
Matthew Rowan
Main Address
510 KING STREET SUITE 200, ALEXANDRIA, VA, 22314
Website
www.hida.orgNTEE Category
Code: S41 - Community improvement
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