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Nonprofit · EIN 51-0144922

NATIONAL ASSOCIATION OF CHAIN DRUG STORES FOUNDATION

Tax-exempt · ARLINGTON, VA 22209

Financials

$845K$1.4M2023$1.8M$2M2024
Revenue Expenses · by fiscal year end
Financials of NATIONAL ASSOCIATION OF CHAIN DRUG STORES FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,777,202$2,025,591-$248,389$9,417,996$199,049$9,218,947
December 31, 2023990 (amended)$844,713$1,437,618-$592,905$9,159,229$82,103$9,077,126
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$1,264,200
Program service revenue
$46,905
Investment income
$724,334
Net gain from sales of assets
$408,942
Net income from fundraising events
-$258,237
Other revenue
-$258,237

Expenses

Grants and similar amounts paid
$1,439,767
Other salaries and wages
$170,118
Salaries, compensation and benefits (total)
$201,476
Professional fundraising fees
$0
Legal fees
$18,457
Occupancy
$50,704
Travel
$36,775
Program services (functional)
$1,848,475
Management and general (functional)
$156,880
Fundraising (functional)
$20,236

Balance sheet and other

Total assets, start of year
$9,159,229
Total assets, end of year
$9,417,996
Total liabilities, end of year
$199,049
Net assets, end of year
$9,218,947
Publicly traded securities
$5,560,905
Net assets without donor restrictions
$8,261,835
Net assets with donor restrictions
$957,112
Gross receipts
$6,746,090
Employees
0
Volunteers
25
Year formed
1973
State of legal domicile
VA

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
STEVEN C ANDERSON FASAE CAECHAIRMAN
Trustee or director, Officer
1$0$3,025,333$85,186
DAVID M FITZSIMMONSTREASURER
Officer
2$0$587,602$64,786
SARA ROSZAKPRESIDENT
Officer
10$0$501,212$86,886
KAYLA MCFEELYSECRETARY
Officer
1$0$250,712$45,614
PARMJIT AGARWALDIRECTOR
Trustee or director
1$0$0$0
MICHAEL AIGNERDIRECTOR
Trustee or director
1$0$0$0
CLAIRE BIERMAASDIRECTOR
Trustee or director
1$0$0$0
MICHAEL BOHLINGDIRECTOR
Trustee or director
1$0$0$0
ELIZABETH CATONDIRECTOR
Trustee or director
1$0$0$0
MAUREEN CAVANAUGHDIRECTOR
Trustee or director
1$0$0$0
JANICE COONEYDIRECTOR
Trustee or director
1$0$0$0
BRENT COTTENDIRECTOR
Trustee or director
1$0$0$0
TERI COWARDDIRECTOR
Trustee or director
1$0$0$0
NAOMI DUVALLDIRECTOR
Trustee or director
1$0$0$0
NIKKI GRIFFINDIRECTOR
Trustee or director
1$0$0$0
17 more people on this return
NameTitleHours / weekCompensation
JEFF HOFFMANDIRECTOR
Trustee or director
1$0
LAVERNE HUNTDIRECTOR
Trustee or director
1$0
SUMMER KERLEYDIRECTOR
Trustee or director
1$0
CRYSTAL LENNARTZDIRECTOR
Trustee or director
1$0
AMY MCANARNEYDIRECTOR
Trustee or director
1$0
JACKIE MORSEDIRECTOR
Trustee or director
1$0
ANGIE NELSONDIRECTOR
Trustee or director
1$0
LISA PALEYDIRECTOR
Trustee or director
1$0
ROBERT POTTER THRU 0824DIRECTOR
Trustee or director
1$0
ANTHONY PROVENZANODIRECTOR
Trustee or director
1$0
CHAD RILEYDIRECTOR
Trustee or director
1$0
RINA SHAHDIRECTOR
Trustee or director
1$0
WILLIAM SIMPSON THRU 0824DIRECTOR
Trustee or director
1$0
RICHARD STEPHENSDIRECTOR
Trustee or director
1$0
MARVIN VINESDIRECTOR
Trustee or director
1$0
KRISTIN WILLIAMS THRU 0824DIRECTOR
Trustee or director
1$0
SHELLIE WINELANDDIRECTOR
Trustee or director
1$0
990 for the year ended December 31, 2023: 28 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
Steven C Anderson FASAE CAEChairman
Trustee or director, Officer
1$0$2,335,583$70,236
David M FitzsimmonsTreasurer
Officer
2$0$521,936$70,819
Sara RoszakPresident
Officer
10$0$486,585$73,149
Kayla McFeelySecretary
Officer
1$0$200,656$48,213
Michael BohlingDirector
Trustee or director
1$0$0$0
Elizabeth CatonDirector
Trustee or director
1$0$0$0
Maureen CavanaughDirector
Trustee or director
1$0$0$0
Janice CooneyDirector
Trustee or director
1$0$0$0
Brent CottenDirector
Trustee or director
1$0$0$0
Teri CowardDirector
Trustee or director
1$0$0$0
Lou DallagoDirector
Trustee or director
1$0$0$0
Naomi DuvallDirector
Trustee or director
1$0$0$0
Nikki GriffinDirector
Trustee or director
1$0$0$0
Nimesh JhaveriDirector
Trustee or director
1$0$0$0
Summer KerleyDirector
Trustee or director
1$0$0$0
Jacquelyn MadsenDirector
Trustee or director
1$0$0$0
Amy McAnarneyDirector
Trustee or director
1$0$0$0
Lisa PaleyDirector
Trustee or director
1$0$0$0
Robert PotterDirector
Trustee or director
1$0$0$0
Anthony ProvenzanoDirector
Trustee or director
1$0$0$0
George RaffertyDirector
Trustee or director
1$0$0$0
Chad RileyDirector
Trustee or director
1$0$0$0
Rina ShahDirector
Trustee or director
1$0$0$0
William SimpsonDirector
Trustee or director
1$0$0$0
Richard StephensDirector
Trustee or director
1$0$0$0
Terry ThomasDirector
Trustee or director
1$0$0$0
Marvin VinesDirector
Trustee or director
1$0$0$0
Kristin WilliamsDirector
Officer
1$0$0$0

Address and contacts

Address (IRS master file)
1776 WILSON BLVD STE 200, ARLINGTON, VA 22209-2516
Principal officer (990 for 2024)
STEVEN C ANDERSON, 1776 WILSON BLVD 200, ARLINGTON, VA 222092516
Signed the 990
DAVID M FITZSIMMONS, TREASURER
Phone
(703) 549-3001
Return prepared by
RSM US LLP

Mission

ENHANCED ENGAGEMENT IN GROUND-BREAKING RESEARCH AND EDUCATIONAL INITIATIVES THAT BENEFIT PATIENTS, IMPROVES OUTCOMES, AND ADVANCES PUBLIC HEALTH.

990 for the year ended December 31, 2024

Program accomplishments

  • RESEARCH: THE NACDS FOUNDATION SUPPORTS IMPACTFUL, HEALTHCARE TRANSFORMATION RESEARCH PROJECTS THAT ADDRESS DISPARITIES AND IMPROVE HEALTH OUTCOMES ACROSS THE COUNTRY. BY PROVIDING RESEARCH GRANTS TO ACADEMIC INSTITUTIONS AND COMMUNITY PARTNERS, THE FOUNDATION SEEKS TO IMPROVE THE HEALTH AND WELLNESS OF COMMUNITIES. THE NACDS FOUNDATION FUNDED 7 RESEARCH GRANTS IN 2024.
    Expenses $1,083,662 · grants $1,109,767
  • EDUCATION: THE NACDS FOUNDATION SCHOLARSHIP PROGRAM SUPPORTS COMMUNITY-BASED LEARNING EXPERIENCES OR OTHER CURRICULUM INNOVATIONS THAT ADVANCE PHARMACY EDUCATION AS WELL AS INCREASE DIVERSITY IN PHARMACY EDUCATION. 34 U.S. BASED AND ACPE ACCREDITED PHARMACY SCHOOLS WERE PROVIDED AWARDS IN 2024.THE FOUNDATION ALSO OFFERS EDUCATIONAL PROGRAMS AND RESOURCES FOR PHARMACISTS, PHARMACY SCHOOLS, AND COMMUNITIES ON PUBLIC HEALTH ISSUES.
    Expenses $260,470 · grants $190,000 · revenue $46,905
  • PROGRAMS STAFFING: THE SUPPORTED ORGANIZATION - NATIONAL ASSOCIATION OF CHAIN DRUG STORES, INC., PROVIDES STAFF TO THE TAXPAYER TO ADMINISTER THE TAXPAYER'S CHARITABLE GIVING, SCHOLARSHIP AWARDS, RESEARCH, AND OTHER PROGRAMS. THE TAXPAYER REIMBURSES THE SUPPORTED ORGANIZATION FOR THE COST OF THIS STAFF TIME UNDER THE TERMS OF A SERVICES AGREEMENT.
    Expenses $211,041
  • CHARITABLE OUTREACH: THE NACDS FOUNDATION REMAINS STEADFAST IN ITS COMMITMENT TO STRATEGIC FUNDING OF CHARITABLE ORGANIZATIONS WITH COLLABORATIVE AND PUBLIC HEALTH FOCUSED MISSIONS THAT AIM TO ADVANCE HEALTHCARE ACCESS, OUTCOMES, AND EQUITY. IN 2024, THE NACDS FOUNDATION PROVIDED SUPPORT TO 8 CHARITABLE ORGANIZATIONS.
    Expenses $140,000 · grants $140,000
  • CONSUMER & PATIENT PROGRAMS: THE NACDS FOUNDATION DEVELOPS AND SUPPORTS EDUCATIONAL PROGRAMS AND INITIATIVES THAT FOCUS ON MEDICATION SAFETY AND ADHERENCE, AND SUPPORTS PATIENT HEALTH AND WELLNESS.PROGRAM AWARENESS CAMPAIGN
    Expenses $153,302

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
51-0144922
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization (509(a)(3))
Donations deductible (Pub 78)
Supporting organization of unknown type
Exempt since
2006
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$9,417,996
Income (IRS master file)
$6,746,090

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,777,202$2,025,591$9,417,996XML
990December 2023$844,713$1,437,618$9,159,229XML
990December 2022$1,520,878$1,407,831$9,108,513IRS
990December 2021–––IRS
990December 2020–––IRS
990December 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 51-0144922).

Questions about NATIONAL ASSOCIATION OF CHAIN DRUG STORES FOUNDATION

What is the EIN of NATIONAL ASSOCIATION OF CHAIN DRUG STORES FOUNDATION?
The employer identification number (EIN) of NATIONAL ASSOCIATION OF CHAIN DRUG STORES FOUNDATION is 51-0144922.
Is NATIONAL ASSOCIATION OF CHAIN DRUG STORES FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2006.
Are donations to NATIONAL ASSOCIATION OF CHAIN DRUG STORES FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
Which annual return does NATIONAL ASSOCIATION OF CHAIN DRUG STORES FOUNDATION 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 NATIONAL ASSOCIATION OF CHAIN DRUG STORES FOUNDATION 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 NATIONAL ASSOCIATION OF CHAIN DRUG STORES FOUNDATION 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 NATIONAL ASSOCIATION OF CHAIN DRUG STORES FOUNDATION?
The 990 for the year ended December 31, 2024 names STEVEN C ANDERSON.
Who are the officers and directors of NATIONAL ASSOCIATION OF CHAIN DRUG STORES FOUNDATION?
The 990 for the year ended December 31, 2024 lists 32 people; 0 received compensation from the organization.
How much revenue does NATIONAL ASSOCIATION OF CHAIN DRUG STORES FOUNDATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,777,202, expenses of $2,025,591 and total assets of $9,417,996 at year end.

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