Overview
What is Phrma California Initiative Fund?
The Phrma California Initiative Fund is a nonprofit organization that actively engaged in the political process during the November 8, 2016 elections in California. Their primary objective was to oppose a statewide ballot measure that aimed to establish pricing standards for prescription drugs procured by the state. Beyond this specific issue, the Phrma California Initiative Fund also expressed support or opposition to various state and local measures. Their activities centered around influencing policy decisions related to prescription drug pricing and broader political matters.
Is Phrma California Initiative Fund legitimate?
Phrma California Initiative Fund is a legitimate nonprofit organization registered as a 501(c)(4) entity. Phrma California Initiative Fund 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.
What is the mission statement of Phrma California Initiative Fund?
The Phrma California Initiative Fund's mission is focused on influencing political decisions related to prescription drug pricing. Specifically, it aims to oppose a statewide ballot measure from November 8, 2016, which proposed mandating pricing standards for prescription drugs purchased by the state. Additionally, the fund is involved in supporting or opposing various state and local measures.
Who is the CEO of Phrma California Initiative Fund?
Thomas W Hiltachk is the Treasurer of Phrma California Initiative Fund.
What is the revenue of Phrma California Initiative Fund?
Phrma California Initiative Fund's revenue in 2023 was $153,600.
Who are the executives of Phrma California Initiative Fund and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990EZ for Phrma California Initiative Fund?
Phrma California Initiative Fund's most recent form 990EZ was submitted in 2023 and can be accessed here.
Mission Statement of Phrma California Initiative Fund
The PhRMA California Initiative Fund is an organization that is committed to taking a stance on various state and local measures, including supporting or opposing them. However, its primary focus in 2016 was to actively oppose a California statewide ballot measure scheduled for November 8. This ballot measure proposed the implementation of pricing standards for state prescription drug purchases. By doing so, the PhRMA California Initiative Fund aimed to influence the regulatory landscape of prescription drug pricing in California. Beyond this specific campaign, the fund also supports or opposes other state or local measures, demonstrating its broader involvement in shaping health and policy-related decisions at various levels.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
The Phrma California Initiative Fund played a significant role in opposing a statewide ballot measure that aimed to set pricing standards for state prescription drug purchases in California during the November 8, 2016 election. By actively engaging in the campaign against this measure, the fund sought to influence public opinion and legislative outcomes related to drug pricing in the state. This initiative focused on ensuring that pharmaceutical companies could maintain flexibility in pricing their products, which the fund argued was essential for nurturing innovation and development in the healthcare sector. Their efforts were centered in Sacramento, where they worked to mobilize resources and leverage support to sway the outcome of local and state measures related to drug pricing policies. Ultimately, the impact of their advocacy efforts was felt in the broader conversation about healthcare costs and access to medications in California.
This information is meant to be a general summary of Phrma California Initiative Fund. 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 2023.
- Gross Receipts: $153,600
Assets and Liabilities:
- Total Assets: $235,293
- Total Liabilities: $0
- Net Assets: $235,293
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Phone
(916) 442-7757Principal Officer
Thomas W Hiltachk
Main Address
455 CAPITOL MALL SUITE 600, SACRAMENTO, CA, 95814
NTEE Category
Code: R40 - Civil rights
If you are a representative of Phrma California Initiative Fund and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.