Nonprofit · EIN 46-3091990
NEEDYMEDS INC
Tax-exempt · GLOUCESTER, MA 01930
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $1,485,370 | $1,516,766 | -$31,396 | $726,265 | $209,129 | $517,136 |
| December 31, 2024 | 990 | $1,634,602 | $1,772,373 | -$137,771 | $788,533 | $242,002 | $546,531 |
| December 31, 2023 | 990 | $1,727,574 | $1,670,773 | $56,801 | $1,012,223 | $320,586 | $691,637 |
| December 31, 2022 | 990 | $1,800,949 | $1,773,680 | $27,269 | $983,532 | $341,311 | $642,221 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $43,347
- Program service revenue
- $1,432,572
- Investment income
- $9,451
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $122,981
- Other salaries and wages
- $781,297
- Salaries, compensation and benefits (total)
- $1,058,820
- Professional fundraising fees
- $0
- Accounting fees
- $10,900
- Occupancy
- $57,513
- Travel
- $2,742
- Depreciation
- $87,422
- Program services (functional)
- $1,419,322
- Management and general (functional)
- $96,072
- Fundraising (functional)
- $1,372
Balance sheet and other
- Total assets, start of year
- $788,533
- Total assets, end of year
- $726,265
- Total liabilities, end of year
- $209,129
- Net assets, end of year
- $517,136
- Land, buildings and equipment
- $285,850
- Publicly traded securities
- $308,741
- Net assets without donor restrictions
- $517,136
- Gross receipts
- $1,485,370
- Employees
- 19
- Volunteers
- 0
- Year formed
- 2011
- State of legal domicile
- MA
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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| RUTH ROWE | PRESIDENT Key employee | 40 | $122,981 | $8,365 |
| FREDERICK COWAN | CHAIR/DIRECTOR Trustee or director, Officer | 0.5 | $0 | $0 |
| DONALD MAIER MD | TREASURER/DIRECTOR Trustee or director, Officer | 0.5 | $0 | $0 |
| ROBERTA DOWNEY | CLERK/DIRECTOR Trustee or director, Officer | 0.5 | $0 | $0 |
| JULIE ERICKSON | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
990 for the year ended December 31, 2024: 5 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| RUTH ROWE | PRESIDENT Key employee | 40 | $109,271 | $6,744 |
| FREDERICK COWAN | CHAIR/DIRECTOR Trustee or director, Officer | 0.5 | $0 | $0 |
| DONALD MAIER MD | TREASURER/DIRECTOR Trustee or director, Officer | 0.5 | $0 | $0 |
| ROBERTA DOWNEY | CLERK/DIRECTOR Trustee or director, Officer | 0.5 | $0 | $0 |
| JULIE ERICKSON | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
990 for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| RUTH ROWE | PRESIDENT Key employee | 40 | $68,538 | $2,968 |
| FREDERICK COWAN | CHAIR/DIRECTOR Trustee or director, Officer | 0.5 | $0 | $0 |
| DONALD MAIER MD | TREASURER/DIRECTOR Trustee or director, Officer | 0.5 | $0 | $0 |
| ROBERTA DOWNEY | CLERK/DIRECTOR Trustee or director, Officer | 0.5 | $0 | $0 |
| JULIE ERICKSON | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
990 for the year ended December 31, 2022: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RICHARD SAGALL MD | PRESIDENT Key employee | 40 | $4,210 |
| FREDERICK COWAN | CHAIR/DIRECTOR Trustee or director, Officer | 0.5 | $0 |
| GISELE M MICHEL | VICE-CHAIR/DIRECTOR Trustee or director, Officer | 0.5 | $0 |
| DONALD MAIER MD | TREASURER/DIRECTOR Trustee or director, Officer | 0.5 | $0 |
| ROBERTA DOWNEY | CLERK/DIRECTOR Trustee or director, Officer | 0.5 | $0 |
| JULIE ERICKSON | DIRECTOR Trustee or director | 0.5 | $0 |
Address and contacts
- Address (IRS master file)
- 50 WHITTEMORE ST, GLOUCESTER, MA 01930-2553
- Principal officer (990 for 2025)
- RUTH ROWE, WHITTMORE STREET, GLOUCESTER, MA 01931
- Signed the 990
- Ruth Rowe, President
- Phone
- (978) 281-6666
- Website
- www.needymeds.org
- Return prepared by
- ZIELINSKI & ASSOCIATES PC
Mission
NEEDYMEDS EDUCATES AND EMPOWERS THOSE SEEKING AFFORDABLE HEALTHCARE.
Program accomplishments
- NEEDYMEDS, INC,PROVIDES INFORMATION THAT HELPS INDIVIDUALS FIND ASSISTANCE WITH MEDICINE AND HEALTHCARE COSTS. THE WEBSITE IS A COMPREHENSIVE, CURRENT AND EASILY ACCESSIBLE RESOURCES ON PROGRAMS INCLUDING BUT NOT LIMIDED TO: PHARMACEUTICAL PATIENT ASSISTANCE PROGRAMS, PROGRAMS THAT ASSIST BASED ON DIAGNOSIS; FREE/LOW COST/SLIDING SCALE CLINICS; MEDICATION DISCOUNT COUPONS; CAMPS, SCHOLARSHIPS AND RETREATS BASED ON DIAGNOSIS;AND STATE AND FEDERAL PROGRAMS. ACCESS TO ALL THE INFORMATION IS FREE AND ANONYMOUS. NEEDYMEDS, INC. ALSO OFFERS A FREE DRUG DISCOUNT CARD THAT PROVIDES SAVINGS OF UP TO 80% ON THE CASH PRICE OF PRESCRIPTION DRUGS, OVER-THE-COUNTER MEDICATIONS AND MEDICAL SUPPLIES WRITTEN AS A PRESCRIPTION AND PET PRESCRIPTION DRUGS PURCHASED AT THE PHARMACY. NEEDYMEDS ENDEAVORS TO EDUCATE ADVOCATES AND THE GENERAL PUBLIC ABOUT ALL OF THE POTENTIAL SAVINGS AVAILABLE,MEDICATION ADHERENCE AND PATIENT EMPOWERMENT.Expenses $1,419,322 · revenue $1,432,572
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 46-3091990
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2013
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Health care (E01)
- Assets (IRS master file)
- $726,265
- Income (IRS master file)
- $1,485,370
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $1,485,370 | $1,516,766 | $726,265 | XML |
| 990 | December 2024 | $1,634,602 | $1,772,373 | $788,533 | XML |
| 990 | December 2023 | $1,727,574 | $1,670,773 | $1,012,223 | XML |
| 990 | December 2022 | $1,800,949 | $1,773,680 | $983,532 | XML |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 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 46-3091990).
Questions about NEEDYMEDS INC
- What is the EIN of NEEDYMEDS INC?
- The employer identification number (EIN) of NEEDYMEDS INC is 46-3091990.
- Is NEEDYMEDS INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2013.
- Are donations to NEEDYMEDS INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does NEEDYMEDS 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 NEEDYMEDS INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did NEEDYMEDS INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of NEEDYMEDS INC?
- The 990 for the year ended December 31, 2025 names RUTH ROWE.
- Who are the officers and directors of NEEDYMEDS INC?
- The 990 for the year ended December 31, 2025 lists 5 people; 1 received compensation from the organization, the highest $122,981 (RUTH ROWE, PRESIDENT).
- How much revenue does NEEDYMEDS INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $1,485,370, expenses of $1,516,766 and total assets of $726,265 at year end.
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