Securing Americas Medicines And Supply Inc

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

EIN: 870985040 ✦ Raleigh, NC ✦ Designated as a 501(c)(6)

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Overview

What is Securing Americas Medicines And Supply Inc?

Securing Americas Medicines And Supply Inc, often referred to as SAMS, is a nonprofit organization based in Washington D.C. Their primary mission is to encourage and promote increased manufacturing operations of medical supplies within the United States. They aim to achieve this through reforms to trade and tax laws, thus creating policies that support domestic production. SAMS also advocates for and expands government loan, grant, direct investment, and purchase agreement programs for essential medical infrastructure developed by U.S.-based companies. The organization collaborates with various sectors, including Medicaid, the Veterans Administration, and the Department of Defense, to recognize and promote U.S.-made pharmaceutical products and supplies. SAMS is also committed to strengthening procurement to the Strategic National Stockpile (SNS) for important pharmaceuticals, diagnostics, medical devices, and personal protective equipment, with a focus on domestically produced items. Overall, SAMS works towards ensuring the availability of U.S.-made medical supplies, supporting domestic healthcare security, and creating job opportunities.


Official website here: www.samscoalition.org

Is Securing Americas Medicines And Supply Inc legitimate?

Securing Americas Medicines And Supply Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Securing Americas Medicines And Supply 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.samscoalition.org

What is the mission statement of Securing Americas Medicines And Supply Inc?

Securing America's Medicines and Supply Inc (SAMS) aims to encourage and support the domestic manufacturing of essential pharmaceutical products, devices, and personal protective equipment. This organization strives to benefit U.S. patients, enhance domestic healthcare security, and promote job creation within the United States. To achieve this, SAMS lobbies for reforms in trade and tax laws to promote domestic production. They also advocate for government funding and investment programs for medical infrastructure developed primarily by U.S. manufacturers. Additionally, SAMS explores opportunities within various government agencies to recognize and promote U.S.-made pharmaceutical products and supplies. Lastly, they focus on strengthening procurement for the Strategic National Stockpile, prioritizing items produced domestically.


Official website here: www.samscoalition.org

What is the revenue of Securing Americas Medicines And Supply Inc?

Securing Americas Medicines And Supply Inc's revenue in 2024 was $309,000.


Official website here: www.samscoalition.org

Who are the executives of Securing Americas Medicines And Supply Inc and what are their salaries?

Here are 5 key members and their salaries:


Michael Brzica (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew Gonce (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen Conafay (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maryll Toufanian (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Fagley (Assistant Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.samscoalition.org

Where can I find the form 990 for Securing Americas Medicines And Supply Inc?

Securing Americas Medicines And Supply Inc's most recent form 990 was submitted in 2024 and can be accessed here.


Official website here: www.samscoalition.org

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

Mission Statement of Securing Americas Medicines And Supply Inc

Securing America's Medicines and Supply, Inc. (SAMS) is committed to advocating for legislation and regulations that incentivize and boost the domestic manufacturing of essential pharmaceutical products, medical devices, and personal protective equipment. Their mission is to support U.S. patients, enhance domestic healthcare security, and bolster U.S. employment. To accomplish this, SAMS engages in lobbying efforts to promote increased manufacturing operations within U.S. borders, advocating for reforms in trade and tax laws to create policies that encourage domestic production. They also maintain and expand government loan, grant, direct investment, and purchase agreement programs for critical medical infrastructure developed by companies primarily manufacturing in the United States, through organizations like the National Institutes of Health (NIH) and the Biomedical Advanced Research and Development Authority (BARDA). SAMS further seeks opportunities within Medicare, the Veterans Administration, and the Department of Defense to recognize and promote U.S.-made pharmaceutical products and supplies, and strengthen procurement to the Strategic National Stockpile (SNS) for crucial pharmaceuticals, diagnostics, medical devices, and personal protective equipment, with a focus on those produced domestically.

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Impact




October, 2024

Securing America's Medicines And Supply Inc. (SAMS) plays a critical role in strengthening the U.S. healthcare landscape by advocating for domestic manufacturing of essential pharmaceutical products, medical devices, and personal protective equipment. By promoting legislation and regulatory reforms, SAMS aims to bolster the U.S. medical supply chain, enhancing national healthcare security and ensuring that patients have reliable access to vital medicines and supplies.

SAMS actively engages in lobbying efforts to incentivize manufacturers to establish operations within U.S. borders, thus supporting domestic job creation and economic growth. The organization seeks to reform trade and tax laws to create favorable conditions for U.S.-made products, fostering an environment conducive to increased local production.

In addition, SAMS emphasizes the importance of government investment in domestic medical infrastructure. They advocate for maintaining and expanding crucial funding programs, such as loans and grants, through entities like the National Institutes of Health (NIH) and the Biomedical Advanced Research Development Authority (BARDA). These initiatives are crucial for ensuring that critical medical supplies are developed and produced in the United States.

The organization also seeks opportunities within Medicare, the Veterans Administration, and the Department of Defense to recognize and support U.S.-made pharmaceutical products. This not only promotes domestic manufacturing but also enhances the resilience of the healthcare system against supply chain disruptions.

By reinforcing procurement strategies for the Strategic National Stockpile, SAMS prioritizes the acquisition of domestically produced pharmaceuticals and protective equipment, mitigating reliance on foreign suppliers. The overall impact of SAMS is a more secure, self-sufficient healthcare system that benefits American patients and strengthens the economy through job creation and investment in local manufacturing capabilities.




This information is meant to be a general summary of Securing Americas Medicines And Supply 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
$309,000 (2024)
Expenses
$319,559 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Gross Receipts: $309,000

Assets and Liabilities:

  • Total Assets: $146,124
  • Total Liabilities: $25
  • Net Assets: $146,099

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Organization Details

Founding Year

2021

Principal Officer

Tom Fagley

NTEE Category

Code: S41 - Community improvement

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