Overview
What is American Association Of Colleges Of Pharmacy?
The American Association of Colleges of Pharmacy (AACP) is a prominent nonprofit organization situated in Arlington, Virginia. Their primary focus is to facilitate the application process for aspiring pharmacy students by managing PHARMCAS, a centralized application service. This service allows first-year professional pharmacy degree applicants to apply to multiple colleges and schools of pharmacy using a single online application, easing the application process for both applicants and member schools. The AACP's mission is to advance pharmacy education, research, scholarship, practice, and service, collaborating with members and stakeholders with the ultimate goal of improving health for all. With a dedicated workforce of approximately 39 individuals, AACP plays a significant role in the pharmacy education sector.
Official website here: www.aacp.org
What are the reviews and ratings of this charity?
The American Association of Colleges of Pharmacy has a Four-Star out of Four Star rating from Charity Navigator, with an impressive score of 92%. This high rating reflects the organization's strong accountability and financial health, evaluated through their efficient, sustainable practices, and healthy governance policies. Their excellent score is driven by a strict adherence to best practices in finance and transparency without any recorded material diversion of assets.
The nonprofit excels in governance with a fully independent board, appropriate auditing procedures, and comprehensive policies addressing conflicts of interest and whistleblower protections. Their program expense ratio is notably high at 79.18%, indicating a large majority of their funds are directed towards supporting their mission, demonstrating efficiency and a commitment to their cause.
Despite these strengths, the organization missed out on some points for not posting their tax form on their website, and their liabilities to assets ratio is relatively moderate. While these are minimal shortcomings in an otherwise solid performance, they highlight areas where transparency could be improved.
This AI summary has been generated from information found on Charity Navigator.
Is American Association Of Colleges Of Pharmacy legitimate?
American Association Of Colleges Of Pharmacy is a legitimate nonprofit organization registered as a 501(c)(3) entity. American Association Of Colleges Of Pharmacy 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: $1,159,494
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,826,966
For more financial information, click here
Official website here: www.aacp.org
What is the mission statement of American Association Of Colleges Of Pharmacy?
The American Association of Colleges of Pharmacy (AACP) is dedicated to enhancing pharmacy education, research, scholarship, practice, and service. Their mission is to collaborate with members and stakeholders with the aim of improving health for all. They achieve this by fostering partnerships and providing resources to advance pharmacy education and training. The AACP operates PhARMCAS, a centralized application service, which simplifies the application process for first-year professional pharmacy degree applicants, allowing them to apply to multiple colleges and schools of pharmacy using a single web-based application. This service supports member schools in their mission to educate and train future pharmacists.
Official website here: www.aacp.org
Who is the CEO of American Association Of Colleges Of Pharmacy?
Lee Vermeulen is the Immediate Past President of American Association Of Colleges Of Pharmacy. The CEO's salary of American Association Of Colleges Of Pharmacy is $323,918 and their total compensation is $401,715.
Official website here: www.aacp.org
What is the revenue of American Association Of Colleges Of Pharmacy?
American Association Of Colleges Of Pharmacy's revenue in 2022 was $11,822,520.
Official website here: www.aacp.org
Who are the executives of American Association Of Colleges Of Pharmacy and what are their salaries?
The average compensation at American Association Of Colleges Of Pharmacy during 2022 was $102,217. There are 39 employees and 96 volunteers at American Association Of Colleges Of Pharmacy.
Here are 23 key members and their salaries (American Association Of Colleges Of Pharmacy's CEO's salary is $323,918 and their total compensation is $401,715):
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- Compensation: $323,918
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- Compensation: $153,534
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- Compensation: $143,961
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- Compensation: $135,884
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- Other: $15,723
- Compensation: $131,868
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- Other: $14,087
Official website here: www.aacp.org
Where can I find the form 990 for American Association Of Colleges Of Pharmacy?
American Association Of Colleges Of Pharmacy's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.aacp.org
Learn more at the official website: www.aacp.org
Mission Statement of American Association Of Colleges Of Pharmacy
The American Association of Colleges of Pharmacy (AACP) is dedicated to advancing pharmacy education, research, scholarship, practice, and service. They strive to achieve this mission in collaboration with their members and stakeholders, with the ultimate goal of improving health outcomes for all. The AACP plays a crucial role in this process by offering PHARMCAS, a centralized application service for first-year professional pharmacy degree applicants. This service simplifies and streamlines the application process, allowing applicants to apply to multiple colleges and schools of pharmacy using a single web-based application. By assisting member schools in their mission of educating and training pharmacists, the AACP contributes to the improvement of healthcare services and patient care.
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Impact
October, 2024
The American Association of Colleges of Pharmacy significantly impacts the pharmacy education landscape by advancing education, research, scholarship, and practice in collaboration with its members and stakeholders. Its initiatives are designed to elevate the field of pharmacy, ultimately improving health outcomes for communities across the nation.
One of the primary tools it offers is PHARMCAS, the Pharmacy College Application Service. This centralized application system streamlines the process for aspiring pharmacy students, allowing them to apply to multiple colleges and schools of pharmacy with a single web-based application. By simplifying the application process, PHARMCAS helps institutions attract a diverse pool of candidates, ensuring a robust workforce of trained pharmacists ready to serve the health needs of the public.
Through its commitment to education and training, the association plays a crucial role in shaping the future of pharmacy, enhancing the capabilities of pharmacists, and addressing emerging health challenges. Its collaborative approach fosters an environment of innovation and shared knowledge, ultimately striving to enhance the overall health landscape for all individuals.
This information is meant to be a general summary of American Association Of Colleges Of Pharmacy. 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: $1,560,375
- Program Service Revenue: $8,971,954
- Gross Receipts: $16,154,645
Assets and Liabilities:
- Total Assets: $14,816,007
- Total Liabilities: $7,905,896
- Net Assets: $6,910,111
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES
Revenue
$4,723,680
PHARMCAS APPLICATION FEES
Revenue
$3,068,096
MEETING REGISTRATION AND EXHIBIT
Revenue
$1,017,634
PUBLICATION SALE
Revenue
$156,544
STRATEGIC PLAN
Revenue
$6,000
Organization Details
Founding Year
1989
Phone
(703) 739-2330Principal Officer
Lee Vermeulen
Main Address
1400 CRYSTAL DRIVE 300, ARLINGTON, VA, 22202
Website
www.aacp.orgNTEE Category
Code: E66Z - Health
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