2024-09-30T12:28:01-05:00 2023-12-31 390974031 WEGNER CPAS LLP 230 PARK AVE FL 3 NEW YORK NY 101690005 990 2023-01-01 208559302 INITIATIVE FOR MEDICINES ACCESS & KNOWLEDGE (I-MAK) INC INIT 9174556601 16192 COASTAL HWY LEWES DE 199583608 TAHIR AMIN CHIEF EXECUTIVE OFFICER 9174556601 2024-09-27 1 0 YIGIT UCTUM CPA P01269549 2125511724 2024-09-27 2023 2024-10-15 13:58:12Z TAHIR AMIN 16192 COASTAL HWY LEWES DE 199583608 2921379 0 X WWW.I-MAK.ORG X 2007 DE TO BUILD A MORE JUST AND EQUITABLE MEDICINES SYSTEM FOR ALL. 6 5 6 7 0 0 2797092 2921161 33811 200 6 18 0 0 2830909 2921379 0 0 0 0 565106 716567 0 0 125126 1000629 954329 1565735 1670896 1265174 1250483 3143772 4371767 140363 117875 3003409 4253892 X FROM DRUG DEVELOPMENT TO DRUG AFFORDABILITY, THE MEDICINES SYSTEM AFFECTS WHO LIVES AND WHO DIES. THROUGH RESEARCH, EDUCATION, AND PARTNERSHIPS, I-MAK ADVANCES SOLUTIONS TO ADDRESS STRUCTURAL INEQUITY IN THE MEDICINES SYSTEM. 0 0 1260564 200 SEE SCHEDULE O 1260564 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 18 0 6 1 0 0 0 0 0 0 0 0 0 0 0 0 X 6 5 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 NY CA X TAHIR AMIN 9174556601 16192 COASTAL HWY LEWES DE 199583608 LARA GALINSKY BOARD CHAIR 1.00 X X 0 0 0 RENU SAINI BOARD VICE CHAIR 1.00 X X 0 0 0 MONICA MEHTA SECRETARY (THRU MARCH 2023) 1.00 X X 0 0 0 KAYUM AHMED TREASURER 1.00 X X 0 0 0 SCOTT WARREN DIRECTOR 1.00 X 0 0 0 PATRICK EKERUO DIRECTOR, SECRETARY (FROM APRIL 2023) 1.00 X X 0 0 0 PRITI KRISHTEL THRU JUNE 2023 CO-FOUNDER/CO-EXECUTIVE DIRECTOR 40.00 X X 93020 0 8356 TAHIR AMIN CHIEF EXECUTIVE OFFICER 40.00 X X 206623 0 16408 ANDREW MCDONALD DIRECTOR 1.00 X 0 0 0 MARTINE HUGHEY CHIEF OPERATING OFFICER 40.00 X 145390 0 3843 445033 0 28607 2 0 1 0 JOIN PROJECTS 135 CLERMONT AVE BROOKLYN NY 11205 COMMUNICATION SERVICES 128825 1 2921161 2921161 PROGRAM SERVICE REVENUE 541900 200 200 200 18 18 2921379 200 0 18 X 473640 379254 30616 63770 193323 185554 4212 3557 1630 1380 85 165 47974 40626 2505 4843 6154 6154 121129 121129 477117 309867 118063 49187 21993 19258 1311 1424 44229 42676 530 1023 2696 2282 142 272 62335 62335 126413 126413 8770 7426 459 885 PUBLIC EDUCATION 83493 83493 1670896 1260564 285206 125126 2267516 4018461 5028 5046 825016 285000 30148 0 16064 63260 3143772 4371767 140363 117875 140363 117875 X 1927634 3957081 1075775 296811 3003409 4253892 3143772 4371767 1250483 0 X 0 1 X 1 0 X 720139 726912 1822609 2797092 2921161 8987913 720139 726912 1822609 2797092 2921161 8987913 3950807 5037106 4 6 18 28 8987941 297893 0.56040 0.32310 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 2921379 0 2921379 0 2921379 1670896 0 1670896 0 1670896 X X 0 0 0 0 0 0 0 0 0 TAHIR AMIN CHIEF EXECUTIVE OFFICER 206623 0 0 0 0 0 0 0 16408 0 223031 0 0 0 FORM 990, PART III, LINE 4A I-MAK'S 2023 ACHIEVEMENTS IN ITS THREE PROGRAM AREAS INCLUDE: RESEARCH: I-MAK RELEASED A RESEARCH BRIEF THAT PROVIDES NEW INSIGHT INTO THE PROFOUND IMPACT OF EXTENDED PATENT PROTECTION THAT LIMITS BIOSIMILAR COMPETITION AND MAINTAINS HIGH DRUG PRICES FOR PATIENTS AND PAYERS. ADDITIONALLY, WE COLLABORATED WITH OTHER ORGANIZATIONS TO PRODUCE RESEARCH REPORTS AND SUBMITTED RESPONSES TO REQUESTS FOR PUBLIC COMMENTS AT THE PTO/FDA. EDUCATION: OUR PUBLIC EDUCATION PROGRAM AIMED TO MAKE THE ROLE OF PATENTS CENTRAL IN THE DRUG PRICING CONVERSATION. I-MAK USED COMMUNICATIONS AND STAKEHOLDER ENGAGEMENT TO REVEAL HOW STRUCTURAL INEQUITIES AT EVERY LEVEL OF THE MEDICINES SYSTEM - BROUGHT INTO SHARP FOCUS BY THE COVID-19 PANDEMIC - LEAD TO UNNECESSARY SUFFERING AND DEATH FOR MILLIONS OF PEOPLE WORLDWIDE. POLICY: I-MAK RELEASED "ADDRESSING PATENT THICKETS TO IMPROVE COMPETITION AND LOWER PRESCRIPTION DRUG PRICES", WHICH OUTLINES SENSIBLE AND OVERDUE REFORMS THAT WILL RETURN INTEGRITY TO THE PATENT SYSTEM BY STRENGTHENING TRANSPARENCY, ENCOURAGING EVIDENCE-BASED POLICY, AND RAISING PATENT QUALITY AND INVENTIVENESS, ALL WHILE STRENGTHENING COMPETITION AND HELPING LOWER DRUG PRICES. THIS "BLUEPRINT FOR REFORM" WAS CREATED USING I-MAK'S PARTICIPATORY CHANGEMAKING MODEL TO GENERATE NEW SOLUTIONS BY BRINGING PEOPLE TOGETHER WHO ARE IDEOLOGICALLY, GEOGRAPHICALLY, AND SECTORALLY DIVERSE TO DISCUSS AND SHAPE THE FUTURE OF MEDICINES, STARTING WITH THE PATENT SYSTEM. FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS PRESENTED AND DISCUSSED BY THE BOARD OF DIRECTORS BEFORE IT IS FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, A BOARD MEMBER MUST DISCLOSE THE EXISTENCE OF THE CONFLICT OF INTEREST AND DISCLOSE ALL MATERIAL FACTS. THE REMAINING BOARD OR COMMITTEE MEMBERS SHALL DECIDE IF A CONFLICT OF INTEREST EXISTS. IF A CONFLCIT IS FOUND TO EXIST, THE BOARD MEMBER TAKES A SABBATICAL, RESIGNS OR REMOVES THE CONFLICT. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD OF DIRECTORS WORK WITH AN EXTERNAL COMPENSATION FIRM TO REVIEW COMPENSATION PACKAGES OF THE CO-EXECUTIVE DIRECTORS AND TO OBTAIN INDEPENDENT COMPARABILITY DATA IN DETERMINING THAT THE COMPENSATION IS JUST AND REASONABLE. THIS PROCESS OCCURS WHENEVER A TOP EXECUTIVE IS HIRED, WHEN THEIR EMPLOYMENT TERMS ARE RENEWED OR EXTENDED OR WHEN THEIR COMPENSATION IS MODIFIED. THIS PROCESS IS DOCUMENTED AND APPROVED THROUGH MEMORANDUM WITH THE EXTERNAL FIRM AND ANY FINAL DECISIONS IN BOARD MINUTES/RESOLUTIONS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G HUMAN RESOURCES CONSULTANT: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 19,589. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 19,589. ADMINISTRATIVE CONSULTANT: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 97,804. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 97,804. DEVELOPMENT CONSULTANT: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 47,894. TOTAL EXPENSES 47,894. COMMUNICATIONS CONSULTANT: PROGRAM SERVICE EXPENSES 167,513. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 167,513. TECHNICAL CONSULTANT: PROGRAM SERVICE EXPENSES 43,333. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 43,333. LEGAL/SCIENTIFIC CONSULTANT: PROGRAM SERVICE EXPENSES 88,163. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 88,163. PROFESSIONAL DEVELOPMENT CONSULTANT: PROGRAM SERVICE EXPENSES 10,858. MANAGEMENT AND GENERAL EXPENSES 670. FUNDRAISING EXPENSES 1,293. TOTAL EXPENSES 12,821.