Overview
What is Rx-360 International Pharmaceutical Supply Chain Consortium?
Rx-360 International Pharmaceutical Supply Chain Consortium is a nonprofit organization situated in Philadelphia, Pennsylvania. Its primary mission is to safeguard patient wellbeing by disseminating information and fostering procedures related to the integrity of the healthcare supply chain and the quality of materials within it. The consortium accomplishes this through two audit programs and research initiatives. The Rx-360 Audit Sharing Program allows for the confidential sharing of supplier quality audits conducted by Rx-360. The Rx-360 Joint Auditing Program facilitates joint quality audits of pharmaceutical supplies. Additionally, the consortium analyzes new legislation, regulations, standards, and developments impacting the pharmaceutical supply chain, disseminating this information to its members and the public via its website. The consortium is staffed by 17 employees, dedicated to enhancing the security of the pharmaceutical supply chain and promoting the highest quality standards within it. By sharing information and collaborating on audits, Rx-360 International Pharmaceutical Supply Chain Consortium plays a crucial role in ensuring patient safety and maintaining the integrity of the healthcare supply chain.
Official website here: www.rx-360.org
Is Rx-360 International Pharmaceutical Supply Chain Consortium legitimate?
Rx-360 International Pharmaceutical Supply Chain Consortium is a legitimate nonprofit organization registered as a 501(c)(6) entity. Rx-360 International Pharmaceutical Supply Chain Consortium 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: $419,025
Professional Fundraising Fees: $0
Other Salaries and Wages: $586,772
For more financial information, click here
Official website here: www.rx-360.org
What is the mission statement of Rx-360 International Pharmaceutical Supply Chain Consortium?
The Rx-360 International Pharmaceutical Supply Chain Consortium is dedicated to safeguarding patient safety by disseminating information and establishing procedures related to the integrity of the healthcare supply chain and the quality of materials within it. This organization achieves its mission by enhancing the security of the pharmaceutical supply chain through two primary programs: audits and research. The Rx-360 Audit Sharing Program allows the organization to license supplier quality audits conducted by Rx-360 confidentially. Additionally, the Rx-360 Joint Auditing Program enables Rx-360 to conduct joint quality audits of pharmaceutical supplies with other organizations. Furthermore, Rx-360 analyzes new legislation, regulations, standards, and developments affecting the pharmaceutical supply chain and shares this information with its members and the public via its website.
Official website here: www.rx-360.org
Who is the CEO of Rx-360 International Pharmaceutical Supply Chain Consortium?
Jim Fries is the Director of Rx-360 International Pharmaceutical Supply Chain Consortium. The CEO's salary of Rx-360 International Pharmaceutical Supply Chain Consortium is $290,440 and their total compensation is $294,067.
Official website here: www.rx-360.org
What is the revenue of Rx-360 International Pharmaceutical Supply Chain Consortium?
Rx-360 International Pharmaceutical Supply Chain Consortium's revenue in 2022 was $3,588,442.
Official website here: www.rx-360.org
Who are the executives of Rx-360 International Pharmaceutical Supply Chain Consortium and what are their salaries?
The average compensation at Rx-360 International Pharmaceutical Supply Chain Consortium during 2022 was $59,165. There are 17 employees at Rx-360 International Pharmaceutical Supply Chain Consortium.
Here are 20 key members and their salaries (Rx-360 International Pharmaceutical Supply Chain Consortium's CEO's salary is $290,440 and their total compensation is $294,067):
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Official website here: www.rx-360.org
Where can I find the form 990 for Rx-360 International Pharmaceutical Supply Chain Consortium?
Rx-360 International Pharmaceutical Supply Chain Consortium's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.rx-360.org
Learn more at the official website: www.rx-360.org
Mission Statement of Rx-360 International Pharmaceutical Supply Chain Consortium
Rx-360 International Pharmaceutical Supply Chain Consortium is dedicated to safeguarding patient well-being by promoting information sharing and developing procedures related to the integrity of the healthcare supply chain and the quality of materials within this chain. The organization's primary mission revolves around ensuring patient safety by focusing on the integrity of the pharmaceutical supply chain and the quality of the materials within it.
To achieve this mission, Rx-360 implements two key programs: auditing and research. The Rx-360 Audit Sharing Program allows the consortium to license supplier quality audits conducted by Rx-360 in a confidential manner, providing a valuable resource for its members. The Rx-360 Joint Auditing Program, meanwhile, enables Rx-360 to conduct joint quality audits of pharmaceutical supplies with its partners. This collaborative approach strengthens the overall integrity of the supply chain.
Moreover, Rx-360 stays informed about new legislation, regulations, standards, and developments that impact the pharmaceutical supply chain. By sharing this information with its members and the public via its website, Rx-360 plays a crucial role in keeping the industry updated and informed, thereby contributing to the overall safety and reliability of the pharmaceutical supply chain.
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Impact
October, 2024
The Rx-360 International Pharmaceutical Supply Chain Consortium significantly enhances the security and integrity of the pharmaceutical supply chain, ultimately protecting patient safety. Through its comprehensive audit programs, Rx-360 facilitates the sharing of supplier quality audits and conducts joint quality assessments of pharmaceutical supplies. This collaborative approach ensures that stakeholders across the industry can rely on a standardized level of quality and compliance.
Additionally, Rx-360 plays a crucial role in evaluating and disseminating information about new legislation, regulations, and standards that impact the pharmaceutical landscape. By making these insights accessible on its website, Rx-360 not only informs its members but also educates the wider public about critical developments affecting healthcare supply integrity.
The consortium’s efforts foster a more transparent and resilient supply chain, which is essential in mitigating risks associated with counterfeit products, quality failures, and other vulnerabilities. By prioritizing patient safety and promotingBest Practices within the industry, Rx-360 makes a profound impact on the healthcare ecosystem, contributing to the overall quality and reliability of pharmaceuticals delivered to patients.
This information is meant to be a general summary of Rx-360 International Pharmaceutical Supply Chain Consortium. 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.
- Program Service Revenue: $3,586,487
- Gross Receipts: $3,588,442
Assets and Liabilities:
- Total Assets: $3,000,257
- Total Liabilities: $1,158,796
- Net Assets: $1,841,461
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LICENSED FEES
Revenue
$1,909,250
MEMBERSHIP DUES
Revenue
$1,128,034
SPONSORED AUDIT FEES
Revenue
$335,203
LICENSED ADMINISTRATIV
Revenue
$214,000
Organization Details
Founding Year
2009
Phone
(215) 543-3846Principal Officer
Jim Fries
Main Address
PO BOX 40931, PHILADELPHIA, PA, 19107
Website
www.rx-360.orgNTEE Category
Code: J03 - Employment
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