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Nonprofit · EIN 13-1656692

UNITED STATES PHARMACOPEIAL CONVENTION INC

Tax-exempt · ROCKVILLE, MD 20852

Financials

$353.7M$330.3M2023$357.7M$333.6M2024
Revenue Expenses · by fiscal year end
Financials of UNITED STATES PHARMACOPEIAL CONVENTION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$357,720,644$333,614,948$24,105,696$788,657,741$182,029,433$606,628,308
June 30, 2024990$353,749,327$330,337,653$23,411,674$750,835,911$188,101,832$562,734,079
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$23,758,628
of which government grants
$21,952,739
Program service revenue
$312,085,057
Investment income
$21,655,407
Royalties
$129,204
Net gain from sales of assets
$11,580,846
Other revenue
$221,552

Expenses

Grants and similar amounts paid
$523,834
Compensation of officers, directors and key employees
$6,912,990
Other salaries and wages
$140,514,004
Salaries, compensation and benefits (total)
$181,392,116
Professional fundraising fees
$0
Legal fees
$343,147
Accounting fees
$456,840
Occupancy
$5,669,751
Travel
$5,289,739
Depreciation
$11,051,342
Program services (functional)
$237,592,558
Management and general (functional)
$95,013,067
Fundraising (functional)
$1,009,323

Balance sheet and other

Total assets, start of year
$750,835,911
Total assets, end of year
$788,657,741
Total liabilities, end of year
$182,029,433
Net assets, end of year
$606,628,308
Land, buildings and equipment
$119,963,693
Publicly traded securities
$321,616,701
Net assets without donor restrictions
$606,628,308
Gross unrelated business income
$53,797
Gross receipts
$585,231,368
Employees
941
Volunteers
657
Year formed
1820
State of legal domicile
MD

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
RONALD T PIERVINCENZICHIEF EXECUTIVE OFFICER & EX-OFFICIO
Officer
38$975,149$129,385
JAKOB VENEMA TO 625EVP & CHIEF SCIENCE OFFICER
Officer
38$618,546$89,510
ANTHONY P LAKAVAGESECRETARY & SVP GLBL EA
Officer
38$545,170$83,094
JOHN A GIANNONE TO 824VP, COMPENDIAL OPERATIONS
Highest-paid employee
38$552,057$58,652
AMANDA D COWLEYSVP, LEGAL, STRATEGY & PEOPLE
Officer
38$530,651$77,892
STANLEY D BURHANSCHIEF FINANCIAL OFFICER
Officer
38$507,875$81,657
EMILY M KAINESVP, GBL HEALTH & MANUFACTURING SVCS
Key employee
38$527,212$52,400
VENKAT SURENDRA NATH KODURUSVP REGIONS & PROGRAM OPS.(TO 6/25)
Highest-paid employee
38$490,928$37,430
DEBRA J PEREZCHIEF EQUITY OFFICER
Highest-paid employee
38$449,620$69,136
MICHAEL S LEVYSVP, DIGITAL & INNOVATION
Highest-paid employee
38$441,812$44,939
BRUK ALEMAYEHUSVP, GLOBAL LAB & TECHNICAL OPS
Key employee
38$430,208$52,515
FOUAD ATOUFSVP, SCI-GLOB BIO
Highest-paid employee
38$424,410$51,808
JENNIFER DEVINESVP, DOC STDS & COMP POLICY
Key employee
38$419,352$31,585
DENNIS E DOHERTY MDCONVENTION PRESIDENT
Trustee or director, Officer
4$0$0
TODD K ABRAHAM PHD MBATREASURER
Trustee or director, Officer
4$0$0
11 more people on this return
NameTitleHours / weekCompensation
GREGORY E AMIDON PHDPHARMACEUTICAL SCIENCES TRUSTEE
Trustee or director
4$0
GWEN DARIENPUBLIC TRUSTEE
Trustee or director
4$0
RICHARD J GILFILLAN MD MBAAT LARGE TRUSTEE
Trustee or director
4$0
JESSE L GOODMAN MD MPHMEDICAL SCIENCES TRUSTEE
Trustee or director
4$0
LAURA HERMAN MBA MAAT LARGE TRUSTEE
Trustee or director
4$0
THOMAS MENIGHAN BSPHARMMBAAT LARGE TRUSTEE
Trustee or director
4$0
KRISHNA REDDY NALLAMALLA MDAT LARGE TRUSTEE
Trustee or director
4$0
STEPHEN OSTROFF MDMEDICAL SCIENCES TRUSTEE
Trustee or director
4$0
JULIO SANCHEZ Y TEPOZ MSCSJDAT LARGE TRUSTEE
Trustee or director
4$0
JOHN TAYLOR JDAT LARGE TRUSTEE
Trustee or director
4$0
SUSAN WINCKLER RPH JDCHAIR AND PHARMA SCI TRUSTEE
Trustee or director
4$0
990 for the year ended June 30, 2024: 27 people
NameTitleHours / weekCompensationOther / benefits
RONALD T PIERVINCENZICHIEF EXECUTIVE OFFICER & EX-OFFICIO
Officer
38$1,021,625$133,537
JAKOB VENEMAEVP & CHIEF SCIENCE OFFICER
Officer
38$609,378$93,316
ANTHONY P LAKAVAGESECRETARY & SVP GLBL EA
Officer
38$509,150$79,527
AMANDA D COWLEYSVP LEGAL PEOPLE STRATEGY
Officer
38$508,482$73,873
STANLEY D BURHANSCHIEF FINANCIAL OFFICER & SVP, OPS
Officer
38$480,371$77,392
EMILY M KAINESVP, GBL HEALTH & MANUFACTURING SVCS
Key employee
38$507,279$47,056
VENKAT SURENDRA NATH KODURUSVP REGIONS & PROGRAM OPS.
Key employee
38$485,652$30,194
FOUAD ATOUFSVP, SCI-GLOB BIO
Highest-paid employee
38$414,734$51,329
BRUK ALEMAYEHUSVP, GLOBAL LAB & TECHNICAL OPS
Key employee
38$412,396$48,154
DEBRA J PEREZCHIEF EQUITY OFFICER
Highest-paid employee
38$411,456$43,987
JENNIFER DEVINESVP, DOC STDS & COMP POLICY
Key employee
38$408,257$31,973
MICHAEL S LEVYSVP, DIGITAL & INNOVATION
Highest-paid employee
38$382,355$43,694
NURISHA R WADE - VP HQS COE(TO 12/23); VP, INDUSTRY PROGRAMS
Highest-paid employee
38$347,977$35,815
KENNETH B ALEXANDER - VP DEPGC (TO 10/23);VP MNG ATY GLB LG AFF
Highest-paid employee
38$348,091$24,069
DENNIS E DOHERTY MDCONVENTION PRESIDENT
Trustee or director, Officer
4$0$0
TODD K ABRAHAM PHD MBATREASURER
Trustee or director, Officer
4$0$0
GREGORY E AMIDON PHDPHARMACEUTICAL SCIENCES TRUSTEE
Trustee or director
4$0$0
GWEN DARIENPUBLIC TRUSTEE
Trustee or director
4$0$0
RICHARD J GILFILLAN MD MBAAT LARGE TRUSTEE
Trustee or director
4$0$0
JESSE L GOODMAN MD MPHMEDICAL SCIENCES TRUSTEE
Trustee or director
4$0$0
LAURA HERMAN MBA MAAT LARGE TRUSTEE
Trustee or director
4$0$0
THOMAS MENIGHAN BSPHARMMBAAT LARGE TRUSTEE
Trustee or director
4$0$0
KRISHNA REDDY NALLAMALLA MDAT LARGE TRUSTEE
Trustee or director
4$0$0
STEPHEN OSTROFF MDMEDICAL SCIENCES TRUSTEE
Trustee or director
4$0$0
JULIO SANCHEZ Y TEPOZ MSCSJDAT LARGE TRUSTEE
Trustee or director
4$0$0
JOHN TAYLOR JDAT LARGE TRUSTEE
Trustee or director
4$0$0
SUSAN WINCKLER RPH JDCHAIR AND PHARMA SCI TRUSTEE
Trustee or director
4$0$0

Address and contacts

Address (IRS master file)
12604 TWINBROOK PKWY, ROCKVILLE, MD 20852-0000
In care of
% RENEE WALKER
Principal officer (990 for 2024)
RONALD T PIERVINCENZI, 12601 TWINBROOK PARKWAY, ROCKVILLE, MD 20852
Signed the 990
STANLEY D BURHANS, CFO & SVP, OPERATIONS
Phone
(301) 881-0666
Return prepared by
GRANT THORNTON ADVISORS LLC

Mission

USP'S MISSION IS TO IMPROVE GLOBAL HEALTH THROUGH PUBLIC STANDARDS AND RELATED PROGRAMS THAT HELP ENSURE THE QUALITY, SAFETY, AND BENEFIT OF MEDICINES AND FOODS.

990 for the year ended June 30, 2025

Program accomplishments

  • COMPENDIAL ACTIVITIES - SEE SCHEDULE O
    Expenses $205,689,189 · revenue $304,315,984
  • NON-COMPENDIAL ACTIVITIES - SEE SCHEDULE O
    Expenses $26,780,945 · revenue $2,473,381
  • ALLIED COMPENDIAL ACTIVITIES - SEE SCHEDULE O
    Expenses $5,122,424 · grants $523,834 · revenue $5,295,692

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
13-1656692
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1959
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Health care (E050)
Assets (IRS master file)
$788,657,741
Income (IRS master file)
$585,231,368

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$357,720,644$333,614,948$788,657,741XML
990-TJune 2025–––IRS
990June 2024$353,749,327$330,337,653$750,835,911XML
990-TJune 2024–––IRS
990June 2023$346,271,530$313,280,612$701,768,432IRS
990-TJune 2023–––IRS
990June 2022–––IRS
990-TJune 2022–––IRS
990June 2021–––IRS
990-TJune 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 13-1656692).

Questions about UNITED STATES PHARMACOPEIAL CONVENTION INC

What is the EIN of UNITED STATES PHARMACOPEIAL CONVENTION INC?
The employer identification number (EIN) of UNITED STATES PHARMACOPEIAL CONVENTION INC is 13-1656692.
Is UNITED STATES PHARMACOPEIAL CONVENTION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1959.
Are donations to UNITED STATES PHARMACOPEIAL CONVENTION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does UNITED STATES PHARMACOPEIAL CONVENTION INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of UNITED STATES PHARMACOPEIAL CONVENTION INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did UNITED STATES PHARMACOPEIAL CONVENTION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of UNITED STATES PHARMACOPEIAL CONVENTION INC?
The 990 for the year ended June 30, 2025 names RONALD T PIERVINCENZI.
Who are the officers and directors of UNITED STATES PHARMACOPEIAL CONVENTION INC?
The 990 for the year ended June 30, 2025 lists 26 people; 13 received compensation from the organization, the highest $975,149 (RONALD T PIERVINCENZI, CHIEF EXECUTIVE OFFICER & EX-OFFICIO).
How much revenue does UNITED STATES PHARMACOPEIAL CONVENTION INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $357,720,644, expenses of $333,614,948 and total assets of $788,657,741 at year end.

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