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Nonprofit · EIN 52-1906152

PARENTERAL DRUG ASSOCIATION INC

Tax-exempt · BETHESDA, MD 20814

Financials

$15.3M$15.7M2024
Revenue Expenses · by fiscal year end
Financials of PARENTERAL DRUG ASSOCIATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$15,336,776$15,667,738-$330,962$18,736,014$12,989,705$5,746,309
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$1,393,400
of which government grants
$1,124,620
Program service revenue
$12,683,688
Investment income
$335,382
Royalties
$112,876
Net gain from sales of assets
$48,073
Net income from sales of inventory
$552,616
Other revenue
$924,306

Expenses

Grants and similar amounts paid
$5,000
Compensation of officers, directors and key employees
$1,644,257
Other salaries and wages
$3,492,804
Salaries, compensation and benefits (total)
$6,265,989
Professional fundraising fees
$0
Legal fees
$16,545
Accounting fees
$61,920
Occupancy
$92,873
Travel
$582,015
Depreciation
$489,137

Balance sheet and other

Total assets, start of year
$19,742,889
Total assets, end of year
$18,736,014
Total liabilities, end of year
$12,989,705
Net assets, end of year
$5,746,309
Land, buildings and equipment
$1,832,408
Publicly traded securities
$8,872,064
Net assets without donor restrictions
$5,746,309
Gross unrelated business income
$218,208
Gross receipts
$15,525,483
Employees
57
Volunteers
1,891
Year formed
1994
State of legal domicile
DC

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 / weekCompensationOther / benefits
GLENN WRIGHTCEO
Officer
37.5$426,542$46,970
DAVID HALLVP EXHIBITS
Key employee
37.5$243,228$66,092
JENNIFER BELLCFO
Key employee
37.5$239,928$53,529
DAVID TALMAGEVP EDUCATION
Key employee
37.5$217,711$72,104
MOLLY O'NEILLVP PROGRAMS
Key employee
37.5$216,974$61,179
WALTER MORRIS IIISR DIRECTOR PUBLICATIONS
Highest-paid employee
37.5$174,796$35,212
JOSHUA EATONSR DIRECTOR SRA
Highest-paid employee
37.5$161,218$38,848
ALETHEA TAVARESCHIEF OF STAFF
Highest-paid employee
37.5$162,887$27,694
FARAMARZ KOLIVANDSR WEB DEVELOPER
Highest-paid employee
37.5$143,243$34,298
MICHAEL PORTERSR DIRECTOR, EDUCATION
Highest-paid employee
37.5$140,141$16,817
ANIL SAWANT PHDCHAIR
Trustee or director, Officer
1$0$0
MELISSA SEYMOUR MBACHAIR-ELLECT
Trustee or director, Officer
1$0$0
SUSAN SCHNIEPPIMMEDIATE PAST CHAIR
Trustee or director, Officer
1$0$0
EMMA RAMNARINETREASURER
Trustee or director, Officer
1$0$0
BETTINE BOLTRES PHDSECRETARY
Trustee or director, Officer
1$0$0
12 more people on this return
NameTitleHours / weekCompensation
LISA BENNETTDIRECTOR
Trustee or director
1$0
CHRISTIANA CAMPADIRECTOR
Trustee or director
1$0
ANDREW CHANGDIRECTOR
Trustee or director
1$0
CYLIA CHEN QOIDIRECTOR
Trustee or director
1$0
MIRKO GABRIELEDIRECTOR
Trustee or director
1$0
MARC GLOGOVSKYDIRECTOR
Trustee or director
1$0
ANDREW HOPKINSDIRECTOR
Trustee or director
1$0
STEPHAN KRAUSE PHDDIRECTOR
Trustee or director
1$0
IVY LOUISDIRECTOR
Trustee or director
1$0
AMY MCDANIELDIRECTOR
Trustee or director
1$0
BRIGITTE REUTTER-HAERLEDIRECTOR
Trustee or director
1$0
OSAMU SKIROKIZAWADIRECTOR
Trustee or director
1$0

Address and contacts

Address (IRS master file)
4350 EAST WEST HWY STE 600, BETHESDA, MD 20814-4495
Mailing address (990-N for 2024)
4350 East-West Hwy Suite 600, Bethesda MD 20814
Principal officer (990 for 2024)
GLENN WRIGHT, 4350 EAST WEST HIGHWAY 600, BETHESDA, MD 20814
Signed the 990
JENNIFER BELL, CHIEF FINANCIAL OFFICER
Phone
(301) 656-5900
Return prepared by
BAKER TILLY ADVISORY GROUP LP

Mission

TO DEVELOP SCIENTIFICALLY SOUND, PRACTICAL TECHNICAL INFORMATION AND RESOURCES TO ADVANCE SCIENCE AND REGULATION FOR THE PHARMACEUTICAL AND BIOPHARMACEUTICAL INDUSTRY THROUGH THE EXPERTISE OF OUR GLOBAL MEMBERSHIP.

990 for the year ended December 31, 2024

Program accomplishments

  • PROGRAMS & MEETINGS-EDUCATE MEMBERS AND NON-MEMBERS BY TEACHING DEVELOPMENTS IN MANUFACTURING AND QUALITY CONTROL FOR PRIMARY STERILE PRODUCT DEVELOPMENTS.
  • TRAINING & RESEARCH INSTITUE (TRI)EDUCATIONAL COURSES - TECHNICAL TRAINING FOR SCIENTISTS IN THE PHARMACEUTICAL AREAS OF MANUFACTURING, DEVELOPMENT AND QUALITY CONTROL. TRAINING - TRAIN MEMBERS AND NON-MEMBERS TO BASIC MANUFACTURING TECHNIQUES CENTERED AROUND GMP GUIDELINES.
  • MEMBERSHIP & CHAPTER SERVICES-PROVIDE THE LATEST GUIDELINES FOCUSING ON TECHNOLOGY INFORMATION ON MANUFACTURING, TECHNICAL REPORTS, AND QUALITY CONTROL.
  • PUBLICATION SALES- PROVIDE THE LATEST SCIENCE, TECHNOLOGY AND REGULATORY INFORMATION.SALES, EXHIBIT & SPONSORSHIP, ADVERTISING- PROVIDE THE LATEST SCIENCE, TECHNOLOGY AND REGULATORY INFORMATION

What it must file and when

IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. 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-N on file
2023December 31, 2023May 15, 2024Check at the IRS

File the 2025 990-N for PARENTERAL DRUG ASSOCIATION INC

Due May 15, 2026 · e-filed with the IRS by 990.tax, an IRS-authorized e-file provider

IRS record

EIN
52-1906152
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
1994
Accounting year ends
December
Files
Form 990-N (e-Postcard)
Group exemption
3390 (13 member organizations)
Assets (IRS master file)
$18,736,014
Income (IRS master file)
$15,525,483

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-N for 2024December 31, 2024≤ $50,000 receipts––e-Postcard
990December 2024$15,336,776$15,667,738$18,736,014XML
990December 2022$15,089,728$13,301,962$20,602,292IRS
990December 2021$8,044,773$10,547,266$14,078,226IRS
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 52-1906152).

Questions about PARENTERAL DRUG ASSOCIATION INC

What is the EIN of PARENTERAL DRUG ASSOCIATION INC?
The employer identification number (EIN) of PARENTERAL DRUG ASSOCIATION INC is 52-1906152.
Is PARENTERAL DRUG ASSOCIATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1994.
Are donations to PARENTERAL DRUG ASSOCIATION INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does PARENTERAL DRUG ASSOCIATION INC file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of PARENTERAL DRUG ASSOCIATION INC 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 PARENTERAL DRUG ASSOCIATION INC last file with the IRS?
The latest return in the IRS public files is the 990-N for 2024 for the year ended December 31, 2024.
Who is the principal officer of PARENTERAL DRUG ASSOCIATION INC?
The 990 for the year ended December 31, 2024 names GLENN WRIGHT.
Who are the officers and directors of PARENTERAL DRUG ASSOCIATION INC?
The 990 for the year ended December 31, 2024 lists 27 people; 10 received compensation from the organization, the highest $426,542 (GLENN WRIGHT, CEO).
How much revenue does PARENTERAL DRUG ASSOCIATION INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $15,336,776, expenses of $15,667,738 and total assets of $18,736,014 at year end.

Organizations in its group exemption (13)

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