Phact-Mi Inc

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

EIN: 472715845 ✦ Glen mills, PA ✦ Designated as a 501(c)(6)

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Overview

What is Phact-Mi Inc?

Phact-Mi Inc. is a collaboration of pharmaceutical industry leaders dedicated to supporting healthcare professionals in delivering quality patient care. Based in Glen Mills, Pennsylvania, Phact-Mi Inc. recognizes the diverse medical information needs of healthcare professionals. They offer a cost-free platform, Phactmi.org, and related programs, funded by its member companies, to address the growing demand for transparent medical information. By pooling resources, Phact-Mi Inc. aims to provide healthcare professionals with a single point of access to medical information across various pharmaceutical organizations.


Official website here: www.phactmi.org

Is Phact-Mi Inc legitimate?

Phact-Mi Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Phact-Mi 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.phactmi.org

What is the mission statement of Phact-Mi Inc?

Phact-Mi Inc serves as a collaboration of medical information leaders within the pharmaceutical industry. Their primary objective is to address the growing needs of healthcare professionals (HCPs) for transparent medical information. To achieve this, they have established a single point of access for HCPs across various organizations, making it easier for them to gain access to necessary medical data. Phact-Mi Inc is committed to supporting healthcare professionals in their dedication to providing quality patient care. They understand the wide-ranging medical information needs of HCPs and are supportive of various drug information providers. Notably, there is no cost for HCPs to access the services and information available through Phact-Mi Inc. The organization's activities are funded collaboratively by its member companies, as stated on the Phactmi.org website and related programs.


Official website here: www.phactmi.org

Who is the CEO of Phact-Mi Inc?

Mary Sendi is the President of Phact-Mi Inc.


Official website here: www.phactmi.org

What is the revenue of Phact-Mi Inc?

Phact-Mi Inc's revenue in 2022 was $1,816,995.


Official website here: www.phactmi.org

Who are the executives of Phact-Mi Inc and what are their salaries?

There 350 volunteers at Phact-Mi Inc.


Here are 11 key members and their salaries:


Leena Jindia (Past President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Sendi (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stacey Fung (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christopher Keenan (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marie-Ange Noue (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dominick Albano (Board Member Emertius)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jane Oreper (Director Of Insights)
  • Compensation: $0
  • Related: $0
  • Other: $0
Divyesh Khetia (Director Of Technology)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kristin Goettner (Director Of Membership Services)
  • Compensation: $0
  • Related: $0
  • Other: $0
Darshan Kulkarni (Director Of Compliance)
  • Compensation: $0
  • Related: $0
  • Other: $0
Katherine Merton (Director Of Partnerships)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.phactmi.org

Where can I find the form 990 for Phact-Mi Inc?

Phact-Mi Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.phactmi.org

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

Mission Statement of Phact-Mi Inc

Phact-Mi Inc, a collaboration of medical information leaders across the pharmaceutical industry, is committed to addressing the growing needs of healthcare professionals (HCPs) for transparent medical information. Recognizing the diverse medical information requirements of HCPs, Phact-Mi Inc supports the spectrum of drug information providers. The organization provides a single point of access to medical information across various pharmaceutical organizations, enabling HCPs to access the necessary information without incurring any costs. Phact-Mi Inc is dedicated to assisting HCPs in their commitment to delivering quality patient care, with a focus on enhancing the efficiency and transparency of medical information access.

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Impact




October, 2024

Phact-Mi Inc has made a significant impact in the healthcare sector by providing a centralized platform for healthcare professionals to access transparent medical information. This collaboration among pharmaceutical industry leaders addresses the increasing demands for reliable and accessible medical data, enabling healthcare providers to make informed decisions in patient care. Through the services and information provided, Phact-Mi supports the commitment of healthcare professionals to deliver quality patient care without any cost barriers. By fostering collaboration among its member companies, Phact-Mi enhances the ability of healthcare professionals to obtain comprehensive drug information, ultimately improving the quality of healthcare outcomes and enhancing community health.




This information is meant to be a general summary of Phact-Mi 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.

Revenue
$1,816,995 (2022)
Expenses
$2,686,183 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $11,995
  • Program Service Revenue: $1,805,000
  • Gross Receipts: $1,816,995

Assets and Liabilities:

  • Total Assets: $2,497,757
  • Total Liabilities: $0
  • Net Assets: $2,497,757

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

MEMBERSHIP DUES

Revenue

$1,805,000

Organization Details

Founding Year

2014

Principal Officer

Mary Sendi

Main Address

PO BOX 23, GLEN MILLS, PA, 19342

NTEE Category

Code: S41 - Community improvement

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