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Nonprofit · EIN 22-3107061

ACADEMY OF MANAGED CARE PHARMACY FOUNDATION-A NEW JERSEY NONPROFIT

Also known as AMCP FOUNDATION

Tax-exempt · ALEXANDRIA, VA 22314

Financials

$795K$934K2023$990K$1.2M2024
Revenue Expenses · by fiscal year end
Financials of ACADEMY OF MANAGED CARE PHARMACY FOUNDATION-A NEW JERSEY NONPROFIT by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$990,447$1,175,837-$185,390$1,658,997$1,023,701$635,296
December 31, 2023990$795,212$934,002-$138,790$1,710,169$946,060$764,109
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$88,429
Program service revenue
$818,175
Investment income
$83,843
Net gain from sales of assets
$31,206
Other revenue
$0

Expenses

Grants and similar amounts paid
$8,000
Other salaries and wages
$341,544
Salaries, compensation and benefits (total)
$395,410
Professional fundraising fees
$0
Legal fees
$41,627
Accounting fees
$10,290
Travel
$71,591
Program services (functional)
$807,527
Management and general (functional)
$305,809
Fundraising (functional)
$62,501

Balance sheet and other

Total assets, start of year
$1,710,169
Total assets, end of year
$1,658,997
Total liabilities, end of year
$1,023,701
Net assets, end of year
$635,296
Publicly traded securities
$1,369,997
Net assets without donor restrictions
$635,296
Gross receipts
$1,607,611
Employees
0
Volunteers
113
Year formed
1990
State of legal domicile
NJ

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 December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
Susan CantrellCEO, Chair of the Board of Trustees
Trustee or director, Officer
0.5$0$888,225$83,051
Mark MilliganCFO
Officer
0.5$0$362,111$32,574
Mitzi WasikExec. Dir, AMCP FDN (From 09/24)
Officer
0.5$0$67,579$1,056
Annesha WhitePresident
Trustee or director, Officer
1$0$0$0
Matt HurlburtImmediate Past President
Trustee or director
1$0$0$0
Alan ArvilleVice President
Trustee or director, Officer
1$0$0$0
Summerpal KahlonTreasurer
Trustee or director, Officer
1$0$0$0
Michael ManolakisTrustee
Trustee or director
1$0$0$0
Mona ChitreTrustee
Trustee or director
1$0$0$0
Josephine Nhu TranTrustee
Trustee or director
1$0$0$0
Elaine YuTrustee
Trustee or director
1$0$0$0
990 for the year ended December 31, 2023: 10 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
SUSAN A CANTRELL RPH CAECEO/BOARD CHAIR
Trustee or director, Officer
0.5$0$823,636$93,747
MARK MILLIGANCHIEF FINANCIAL OFFICER
Officer
0.5$0$341,625$31,897
PAULA EICHENBRENNER MBA CAESECRETARY AND EXECUTIVE DIRECTOR
Trustee or director, Officer
37.5$0$147,007$18,697
ANNESHA WHITE PHARMD MS PHDPRESIDENT
Trustee or director, Officer
1$0$0$0
ALAN J ARVILLE ESQVICE PRESIDENT
Trustee or director, Officer
1$0$0$0
SUMMERPAL S KAHLON MDTREASURER
Trustee or director, Officer
1$0$0$0
MONA CHITRE PHARMDTRUSTEE
Trustee or director
1$0$0$0
JOSEPHINE NHU TRAN PHARMD MSTRUSTEE
Trustee or director
1$0$0$0
ELAINE YUTRUSTEE
Trustee or director
1$0$0$0
MICHAEL MANOLAKIS PHARMD PHDTRUSTEE
Trustee or director
1$0$0$0

Address and contacts

Address (IRS master file)
675 N WASHINGTON ST STE 220, ALEXANDRIA, VA 22314-1939
In care of
% ROSS ROSENTHAL & COMANY
Principal officer (990 for 2024)
Susan A Cantrell, 675 N Washington St 220, Alexandria, VA 22314
Signed the 990
Susan A Cantrell, Chief Executive Officer
Phone
(703) 684-2600
Return prepared by
Rogers & Company PLLC

Mission

To strengthen managed care pharmacy by investing in future-focused research and inspiring the next generation to improve patient health.

990 for the year ended December 31, 2024

Program accomplishments

  • Through AMCP Foundation's immersive internships, student pharmacists gain knowledge of health plans, pharmacy benefit management companies, employer sites, the biopharmaceutical industry, non-profit organizations, and other groups. In 2024, eleven student pharmacists completed internships ranging from 10 weeks to 6 months in partnership with the AMCP Foundation and grantor companies. These emerging leaders learned managed care pharmacy concepts such as health equity, formularies, benefit design, medication therapy management, and adherence. All interns completed a capstone research project, which introduced them to evidence-based decision-making methodologies and principles of health outcomes and pharmacoeconomics.
    Expenses $504,233 · grants $8,000 · revenue $404,499
  • Symposium: The 2024 AMCP Foundation Symposium convened diverse health care stakeholders to explore strategies toimprove medication use and outcomes for underserved populations. Through a combination of plenary sessions, working breakout discussions, and collaborative solution-capturing, participants examined critical challenges and identified actionable strategies to reduce disparities. A key outcome of the symposium is theBlueprint for Action, a document that outlines concrete steps for stakeholders to address systemic medication access, affordability, and adherence issues.
    Expenses $149,309 · revenue $200,000
  • Emerging Trends: AMCP Foundation's Emerging Trends Initiative leverages robust survey data and expert perspectives to outline key developments within the broader health care landscape that are likely to significantly impact managed care pharmacy. In 2024, the initiative highlighted future trends across information technology, therapeutics and diagnostics, payment models, pharmacy operations, and public policy verticals. The findings were published in The Journal of Managed Care + Specialty Pharmacy (JMCP) and used to facilitate discussions between health care stakeholders, focusing on providing opportunities to collaborate on solutions.
    Expenses $97,376 · revenue $97,376
  • P&T Competition: AMCP Foundation's National Pharmacy & Therapeutics (P&T) Competition attracted 47 schools and colleges of pharmacy. Teams of student pharmacists analyzed a case study involving a drug product dossier, requiring the evaluation of research and the completion of a monograph along with additional components. Five teams were selected to compete in live presentations held at the AMCP Annual Meeting, where they presented to a panel of judges representing a P&T committee. The goal, in this annual competition, is to provide student pharmacists with a firsthand view into the complex practice of managing a formulary and an opportunity to gather and critically analyze scientific, clinical, and economic evidence in a systematic and rigorous fashion.
    Expenses $56,609 · revenue $59,000
  • PGY-1: The PGY-1 Managed Care Pharmacy Residency, a partnership between a health plan and the AMCP Foundation, provides early-career pharmacists with hands-on experience that combines clinical training with national-level engagement. In 2024, two residents completed a four-week rotation at AMCP/AMCP Foundation headquarters, where they deepened their understanding of how the organizations engage stakeholders to advance best practices through initiatives like the managed care pharmacy workforce survey, Patient Voice Initiative, and Precision Medicine Initiative. Residents gained insight into grant development, CPE accreditation, legislative priorities, and the policymaking process, while also exploring strategic planning across various organizational structures. The rotation equips participants with the knowledge and skills to become future leaders in managed care pharmacy.

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 December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
22-3107061
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization, Type I
Donations deductible (Pub 78)
Supporting organization, 50% limit
Exempt since
2016
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Health care (E11)
Assets (IRS master file)
$1,658,997
Income (IRS master file)
$1,607,611

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$990,447$1,175,837$1,658,997XML
990December 2023$795,212$934,002$1,710,169XML
990December 2022$849,824$942,918$1,736,403IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 2017–––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 22-3107061).

Questions about ACADEMY OF MANAGED CARE PHARMACY FOUNDATION-A NEW JERSEY NONPROFIT

What is the EIN of ACADEMY OF MANAGED CARE PHARMACY FOUNDATION-A NEW JERSEY NONPROFIT?
The employer identification number (EIN) of ACADEMY OF MANAGED CARE PHARMACY FOUNDATION-A NEW JERSEY NONPROFIT is 22-3107061.
Is ACADEMY OF MANAGED CARE PHARMACY FOUNDATION-A NEW JERSEY NONPROFIT tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2016.
Are donations to ACADEMY OF MANAGED CARE PHARMACY FOUNDATION-A NEW JERSEY NONPROFIT tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
Which annual return does ACADEMY OF MANAGED CARE PHARMACY FOUNDATION-A NEW JERSEY NONPROFIT 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 ACADEMY OF MANAGED CARE PHARMACY FOUNDATION-A NEW JERSEY NONPROFIT due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did ACADEMY OF MANAGED CARE PHARMACY FOUNDATION-A NEW JERSEY NONPROFIT last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of ACADEMY OF MANAGED CARE PHARMACY FOUNDATION-A NEW JERSEY NONPROFIT?
The 990 for the year ended December 31, 2024 names Susan A Cantrell.
Who are the officers and directors of ACADEMY OF MANAGED CARE PHARMACY FOUNDATION-A NEW JERSEY NONPROFIT?
The 990 for the year ended December 31, 2024 lists 11 people; 0 received compensation from the organization.
How much revenue does ACADEMY OF MANAGED CARE PHARMACY FOUNDATION-A NEW JERSEY NONPROFIT have?
On its 990 for the year ended December 31, 2024 it reported revenue of $990,447, expenses of $1,175,837 and total assets of $1,658,997 at year end.

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