Pharmaceutical Management Science Assoc

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

EIN: 521589882 ✦ Frankfort, KY ✦ Designated as a 501(c)(6)

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Overview

What is Pharmaceutical Management Science Assoc?

Pharmaceutical Management Science Assoc, or PMSA, is a nonprofit organization based in Frankfort, Kentucky, specifically at 1024 Capital Center Drive 205. Its primary mission is to promote and raise awareness of management science within the pharmaceutical industry. PMSA achieves this goal by identifying, extending, and unifying scientific knowledge in the field, promoting the sharing of ideas, and providing training opportunities. They host annual conferences, symposiums, and other educational events, attracting professionals from the pharmaceutical and biotech sectors. These events focus on innovative analytical methods, emerging data sources, and best practices, covering various areas such as predictive analytics, promotion response analytics, patient analytics, payer analytics, sales force sizing/structuring, targeting, and segmentation, incentive compensation, and forecasting. Analytics talent development topics, like mentoring and storytelling, are also included. PMSA's goal is to help member companies make data-driven strategic decisions.


Official website here: www.pmsa.org

Is Pharmaceutical Management Science Assoc legitimate?

Pharmaceutical Management Science Assoc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Pharmaceutical Management Science Assoc 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.pmsa.org

What is the mission statement of Pharmaceutical Management Science Assoc?

The Pharmaceutical Management Science Association (PMSA) is committed to raising awareness and promoting the use of management science in the pharmaceutical industry. To fulfill this mission, PMSA undertakes several initiatives. Firstly, it strives to identify, expand, and unify scientific knowledge relevant to the practice of management within the pharmaceutical sector. Secondly, PMSA encourages the sharing of ideas, challenges, and learning among its members to enhance overall knowledge and skill levels in management science. Thirdly, it offers training opportunities for individuals interested in honing their skills in this field. Lastly, PMSA fosters an environment that encourages networking among peers in the industry.


Official website here: www.pmsa.org

Who is the CEO of Pharmaceutical Management Science Assoc?

Igor Rudychev is the President of Pharmaceutical Management Science Assoc.


Official website here: www.pmsa.org

What is the revenue of Pharmaceutical Management Science Assoc?

Pharmaceutical Management Science Assoc's revenue in 2023 was $1,626,966.


Official website here: www.pmsa.org

Who are the executives of Pharmaceutical Management Science Assoc and what are their salaries?


Here are 11 key members and their salaries:


Aditya Arabolu (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Igor Rudychev (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jing Jin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mehul Shah (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nadia Tantsyura (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nathan Wang (Treasurer / Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nuray Yurt (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Srihari Jaganathan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tatiana Sorokina (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vishal Chaudhary (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephanie Czuhajewski (Executive Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.pmsa.org

Where can I find the form 990 for Pharmaceutical Management Science Assoc?

Pharmaceutical Management Science Assoc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.pmsa.org

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

Mission Statement of Pharmaceutical Management Science Assoc

The Pharmaceutical Management Science Association, often referred to as PMSA, is committed to fostering awareness and encouraging the application of management science within the pharmaceutical industry. To achieve this objective, PMSA undertakes several initiatives. Firstly, it endeavors to identify, expand, and unify scientific knowledge related to management within the pharmaceutical sector. This involves tapping into existing knowledge and fostering collaboration to enhance the understanding and practice of management within the industry.

Secondly, PMSA strives to promote the sharing of ideas, challenges, and learning among industry professionals. By encouraging open dialogue and collaboration, the organization aims to elevate overall knowledge and skill levels within the field of management science. This fosters a dynamic and progressive environment, where professionals can learn from one another's experiences and innovations.

Lastly, PMSA provides training opportunities for individuals interested in honing their skills in management science. By offering these training programs, PMSA empowers professionals to stay updated with the latest trends and developments in their field. Furthermore, PMSA encourages networking among peers, creating a supportive community where professionals can learn from one another and share best practices.

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Impact




October, 2024

The Pharmaceutical Management Science Association (PMSA) has a significant impact on the pharmaceutical and biotech industries by advancing the application of management science principles. By hosting an annual conference, symposiums, and various educational events, PMSA creates platforms for analytics professionals to connect, share, and explore innovative analytical methods and emerging data sources. This collaborative environment fosters discussions focused on best practices and strategic decision-making, empowering member companies to utilize data-driven approaches.

PMSA's focus includes critical areas such as predictive analytics, promotion response analytics, patient and payer analytics, and forecasting. Additionally, the organization emphasizes the importance of talent development through topics like mentoring and storytelling, which helps cultivate the next generation of analytics professionals. Through its initiatives, PMSA actively raises awareness and enhances the skill levels within management science, ultimately contributing to improved practices and outcomes in the pharmaceutical industry.




This information is meant to be a general summary of Pharmaceutical Management Science Assoc. 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
$1,626,966 (2023)
Expenses
$1,226,570 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Program Service Revenue: $1,572,345
  • Gross Receipts: $1,626,966

Assets and Liabilities:

  • Total Assets: $972,313
  • Total Liabilities: $58,874
  • Net Assets: $913,439

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Programs

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

ANNUAL CONFERENCE

Revenue

$1,563,945

MEMBERSHIP DUES

Revenue

$8,400

Organization Details

Founding Year

1977

Principal Officer

Igor Rudychev

Main Address

1024 CAPITAL CENTER DRIVE 205, FRANKFORT, KY, 40601

NTEE Category

Code: S41 - Community improvement

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