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Nonprofit · EIN 47-2715845

PHACT-MI INC

Tax-exempt · GAINESVILLE, FL 32607

Financials

$2.6M$2.4M2025
Revenue Expenses · by fiscal year end
Financials of PHACT-MI INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$2,647,892$2,393,498$254,394$1,075,565$0$1,075,565
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$2,630,367
Investment income
$17,525
Net gain from sales of assets
$4,779
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$4,517
Accounting fees
$77,206
Travel
$14,496

Balance sheet and other

Total assets, start of year
$787,516
Total assets, end of year
$1,075,565
Total liabilities, end of year
$0
Net assets, end of year
$1,075,565
Publicly traded securities
$384,164
Net assets without donor restrictions
$1,075,565
Gross receipts
$2,647,892
Employees
0
Volunteers
350
Year formed
2014
State of legal domicile
DE

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.

NameTitleHours / weekCompensation
MARIE-ANGE NOUEPRESIDENT
Trustee or director, Officer
2$0
STACEY FUNGPAST PRESIDENT
Trustee or director, Officer
2$0
HANADY ELHADIDYTREASURER
Trustee or director, Officer
4$0
ROBERT TAMBURRISECRETARY
Trustee or director, Officer
2$0
KRISTIN GOETTNERVICE PRESIDENT
Trustee or director, Officer
2$0
ALICIA CADOGANDIRECTOR OF INSIGHTS
Trustee or director
2$0
MICHAEL DELUCADIRECTOR OF PARTNERSHIPS
Trustee or director
2$0
STEPHANIE JAMEISONDIRECTOR OF COMPLIANCE
Trustee or director
2$0
ANNAMARIA CRISANDIRECTOR OF TECHNOLOGY
Trustee or director
2$0

Address and contacts

Address (IRS master file)
5931 NW 1ST PL, GAINESVILLE, FL 32607-2063
In care of
% THOMAS WELLS
Mailing address (990-N for 2014)
PO BOX 320, West Point PA 19486
Principal officer (990 for 2025)
HANADY ELHADIDY, 5931 NW 1ST PLACE, GAINESVILLE, FL 326072063
Signed the 990
HANADY ELHADIDY, TREASURER
Phone
(732) 822-5464
Return prepared by
JAMES MOORE & CO PL

Mission

PHACT-MI, INC. IS A COLLABORATION OF MEDICAL INFORMATION LEADERS ACROSS THE PHARMACEUTICAL INDUSTRY. THE MEMBERS OF PHACT-MI, INC. HAVE COLLABORATED TO PROVIDE HEALTHCARE PROFESSIONALS (HCPS) ACCESS TO MEDICAL INFORMATION ACROSS THEIR ORGANIZATIONS THROUGH A SINGLE POINT OF ACCESS TO ADDRESS HCPS' GROWING NEEDS FOR TRANSPARENT MEDICAL INFORMATION.

990 for the year ended December 31, 2025

Program accomplishments

  • PHACT-MI IS A COLLABORATION OF PHARMACEUTICAL COMPANY MEDICAL INFORMATION (MI) LEADERS THAT ARE DEDICATED TO SUPPORTING HEALTHCARE PROFESSIONALS IN THEIR COMMITMENT TO PROVIDE QUALITY PATIENT CARE. AT PHACT-MI WE UNDERSTAND THAT HEALTHCARE PROFESSIONALS HAVE A WIDE RANGE OF MEDICAL INFORMATION NEEDS, AND WE ARE SUPPORTIVE OF THE SPECTRUM OF DRUG INFORMATION PROVIDERS.THERE IS NO COST FOR HEALTHCARE PROFESSIONALS TO ACCESS THE SERVICES AND INFORMATION AVAILABLE THROUGH PHACT-MI. THE PHACTMI.ORG WEBSITE AND RELATED PROGRAMS ARE FUNDED COLLABORATIVELY BY PHACT-MI MEMBER COMPANIES.
    Expenses $2,393,499

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, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
47-2715845
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
2021
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,075,565
Income (IRS master file)
$2,647,892

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025–––IRS
990December 2024–––IRS
990December 2023$1,767,451$2,815,444$1,490,683IRS
990December 2022$1,816,995$2,686,183$2,497,757IRS
990December 2021–––IRS
990-N for 2014January 31, 2015≤ $50,000 receipts––e-Postcard

990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.

Questions about PHACT-MI INC

What is the EIN of PHACT-MI INC?
The employer identification number (EIN) of PHACT-MI INC is 47-2715845.
Is PHACT-MI INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 2021.
Are donations to PHACT-MI INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does PHACT-MI 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 PHACT-MI 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 PHACT-MI 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 PHACT-MI INC?
The 990 for the year ended December 31, 2025 names HANADY ELHADIDY.
Who are the officers and directors of PHACT-MI INC?
The 990 for the year ended December 31, 2025 lists 9 people; 0 received compensation from the organization.
How much revenue does PHACT-MI INC have?
On its 990 for the year ended December 31, 2025 it reported revenue of $2,647,892, expenses of $2,393,498 and total assets of $1,075,565 at year end.

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