2024-11-05T09:07:07-06:00 2023-12-31 420714325 RSM US LLP 30 S 17TH STREET SUITE 710 PHILADELPHIA PA 19103 990 2023-01-01 232757559 INSTITUTE FOR SAFE MEDICATION PRACTICES INST 2159477797 5200 BUTLER PIKE PLYMOUTH MEETING PA 19462 PETER CATALANO TREASURER 2159477797 2024-11-01 1 0 MICHELLE O'NEILL P01372721 2157654600 2024-11-01 2023 2024-10-15 13:58:12Z RITA JEW 5200 BUTLER PIKE PLYMOUTH MEETING PA 19462 2420240 0 X WWW.ISMP.ORG X 1994 PA THE ORGANIZATION'S MISSION IS TO ADVANCE PATIENT SAFETY WORLDWIDE BY EMPOWERING THE HEALTHCARE COMMUNITY TO PREVENT MEDICATION ERRORS. 4 1 18 70 0 0 793881 461837 1743510 1946403 0 0 -31313 -44869 2506078 2363371 0 0 0 0 2220848 2326476 0 0 28630 687695 1649056 2908543 3975532 -402465 -1612161 2392673 2007773 754199 1981460 1638474 26313 X THE ORGANIZATION'S MISSION IS TO ADVANCE PATIENT SAFETY WORLDWIDE BY EMPOWERING THE HEALTHCARE COMMUNITY TO PREVENT MEDICATION ERRORS.THE ORGANIZATION ACCOMPLISHES ITS MISSION THROUGH ITS INTERDISCIPLINARY EFFORTS TO:- COLLECT AND ANALYZE REPORTS OF MEDICATION-RELATED HAZARDOUS CONDITIONS, NEAR-MISSES, ERRORS, AND OTHER ADVERSE DRUG EVENTS- DISSEMINATE TIMELY MEDICATION SAFETY INFORMATION, RISK-REDUCTION TOOLS, AND ERROR-PREVENTION STRATEGIES- EDUCATE THE HEALTHCARE COMMUNITY AND CONSUMERS ABOUT SAFE MEDICATION PRACTICES- COLLABORATE WITH OTHER PATIENT SAFETY ORGANIZATIONS, EDUCATIONAL INSTITUTIONS, GOVERNMENTAL AGENCIES AND OTHER HEALTHCARE STAKEHOLDERS- ADVOCATE THE ADOPTION OF SAFE MEDICATION STANDARDS BY ACCREDITING BODIES, MANUFACTURERS, POLICY MAKERS, REGULATORY AGENCIES, AND STANDARDS-SETTING ORGANIZATIONS- CONDUCT RESEARCH TO PROVIDE EVIDENCE-BASED SAFE MEDICATION PRACTICES 0 0 1162617 1024346 TECHNICAL ASSISTANCE PROGRAMS AND EDUCATION:EDUCATION: ISMP CONSIDERS EDUCATION TO BE A CORE COMPONENT OF ITS MISSION, AND OFFERS A VARIETY OF VALUABLE EDUCATIONAL RESOURCES FOR HEALTHCARE PRACTITIONERS AND CONSUMERS, INCLUDING FREQUENT WEBINARS, CONTINUING EDUCATION SESSIONS AT SOME OF THE NATION'S LARGEST PROFESSIONAL MEETINGS, WORKSHOPS, LECTURES, VIDEOS, AND PATIENT BROCHURES. A WIDE RANGE OF FREE TOOLS FOR HEALTHCARE PRACTITIONERS, SUCH AS LISTS OF HIGH-ALERT DRUGS AND POTENTIALLY DANGEROUS ABBREVIATIONS, ARE AVAILABLE ON WWW.ISMP.ORG. IN ADDITION, ISMP HOSTS MEDICATION SAFETY FELLOWSHIPS.CONSULTS: EACH YEAR, ISMP PROVIDES CONFIDENTIAL CONSULTING SERVICES TO HEALTHCARE FACILITIES ACROSS THE COUNTRY IN A WIDE RANGE OF PRACTICE SETTINGS, INCLUDING HOSPITALS AND COMMUNITY PHARMACIES, TO HELP THEM IMPROVE MEDICATION SAFETY. ONSITE HOSPITAL AND HEALTH SYSTEM RISK ASSESSMENTS BY A MULTIDISCIPLINARY TEAM OF PRACTITIONERS RESULT IN SAFE PRACTICE RECOMMENDATIONS FOR MEDICATION ERROR PREVENTION AND FOLLOW-UP IMPLEMENTATION AND SUPPORT SERVICES. IN ADDITION, ISMP CONSULTANTS PROVIDE SIMILAR ASSESSMENT AND SUPPORT TO OUTPATIENT PHARMACIES NATIONWIDE. UNLIKE OTHER CONSULTANTS, ISMP CONSTANTLY UPDATES ITS EVIDENCED-BASED PREVENTION STRATEGIES WITH REAL-TIME INFORMATION GAINED FROM ONGOING ANALYSIS OF THOUSANDS OF REPORTS SUBMITTED TO ITS NATIONAL VOLUNTARY ERROR REPORTING PROGRAMS.ERROR REPORTING AND ANALYSIS: THE VOLUNTARY ISMP NATIONAL MEDICATION ERRORS REPORTING PROGRAM (ISMP MERP) WAS STARTED IN ORDER TO LEARN ABOUT ERRORS HAPPENING ACROSS THE NATION, UNDERSTAND CAUSES, AND SHARE "LESSONS LEARNED" WITH THE HEALTHCARE COMMUNITY. EACH YEAR, THE PROGRAM RECEIVES A FEW THOUSAND REPORTS FROM HEALTHCARE PRACTITIONERS, AND THAT INFORMATION IS USED TO BRING ABOUT LARGE-SCALE CHANGES IN MEDICATION SAFETY. NATIONAL ALERT NETWORK (NAN) ALERTS BASED ON INFORMATION SUBMITTED TO THE PROGRAM WARN PROVIDERS OF RISK FOR ERRORS THAT HAVE CAUSED SERIOUS HARM OR DEATH. ISMP ALSO ESTABLISHED THE FIRST CONSUMER ERROR REPORTING SYSTEM THROUGH ITS CONSUMER WEBSITE (WWW.CONSUMERMEDSAFETY.ORG) AS WELL AS A NATIONAL VACCINE ERRORS REPORTING PROGRAM (ISMP VERP). RESEARCH AND BEST PRACTICES DEVELOPMENT: IN ADDITION TO DISSEMINATING INFORMATION ON SAFE MEDICATION USE GAINED THROUGH ITS REPORTING PROGRAMS AND OTHER SOURCES, ISMP CONDUCTS ORIGINAL RESEARCH TO HELP PROVIDE EVIDENCE-BASED SOLUTIONS AND DEVELOPS GUIDANCE AND PREVENTION STRATEGIES TO PREVENT ERRORS. ISMP MOST RECENTLY ISSUED THE 2022-2023 TARGETED MEDICATION SAFETY BEST PRACTICES FOR HOSPITALS AND 2023-2024 TARGETED MEDICATION SAFETY BEST PRACTICES FOR COMMUNITY PHARMACY TO IDENTIFY, INSPIRE, AND MOBILIZE NATIONAL ACTION ON RECURRING SAFETY PROBLEMS. ISMP ALSO HAS CONDUCTED NATIONAL MEDICATION SAFETY SELF-ASSESSMENTS FOR ACUTE CARE HOSPITALS IN 2000, 2004, AND 2011, A SELF-ASSESSMENT FOR HIGH-ALERT MEDICATIONS IN 2018 AND A SELF-ASSESSMENT FOR PERIOPERATIVE MEDICATION SAFETY IN 2021. TOPICS THAT OTHER ISMP SELF-ASSESSMENTS HAVE ADDRESSED INCLUDE ONCOLOGY, COMMUNITY/AMBULATORY PHARMACY, AND ANTITHROMBOTIC THERAPY. 556231 922057 PUBLICATIONS:PUBLICATIONS: ISMP PRODUCES THREE ELECTRONIC NEWSLETTERS THAT COLLECTIVELY REACH MILLIONS OF READERS AND ARE RECOGNIZED AS SOME OF THE MOST TIMELY, COMPREHENSIVE MEDICAL ALERT SYSTEMS IN THE WORLD. THE BIWEEKLY ISMP MEDICATION SAFETY ALERT! ACUTE CARE EDITION PROVIDES VIRTUALLY EVERY US HOSPITAL WITH VITAL AND LIFE-SAVING INFORMATION ABOUT MEDICATION AND DEVICE ERRORS AND ADVERSE DRUG REACTIONS. THE MONTHLY COMMUNITY/AMBULATORY CARE EDITION AND NURSE ADVISE-ERR NEWSLETTERS GIVE PHARMACISTS, PHARMACY TECHNICIANS, NURSES, PHYSICIANS, AND OTHER HEALTH PROFESSIONALS RECOMMENDATIONS THAT THEY CAN USE IN THEIR OWN PRACTICE SETTINGS. ISMP ALSO PUBLISHES EDUCATIONAL COLUMNS IN SEVERAL HEALTHCARE PROFESSIONAL JOURNALS AND PUBLICATIONS AND COMPREHENSIVE BOOKS ON SAFE MEDICATION USE FOR HEALTHCARE PRACTITIONERS. ISMP'S CONSUMER WEBSITE, WWW.CONSUMERMEDSAFETY.ORG, PROVIDES INDIVIDUALS WITH ADVICE FROM LEADING SAFETY EXPERTS AND INFORMATION AND GUIDELINES ON SAFE MEDICATION USE.MEMBERSHIPS: ISMP OFFERS A MEDICATION SAFETY MEMBERSHIP AND A SPECIALTY PHARMACY MEDICATION SAFETY MEMBERSHIP THAT AIM TO HELP REDUCE THE OCCURRENCE OF MEDICATION ERRORS WITH EVIDENCE-BASED BEST PRACTICES. THE MEMBERSHIP PROVIDES ACTIONABLE GUIDANCE AND PRACTICAL STRATEGIES FOR HEALTHCARE PROFESSIONALS INVOLVED IN MANAGING RISK THROUGHOUT THE ENTIRE MEDICATION-USE PROCESS. 1718848 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 1 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 1 12 0 1 18 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 4 1 0 0 0 0 1 1 0 1 1 0 0 1 1 0 1 1 1 1 1 0 PA NJ IL NY CA X MANAGEMENT 2159477797 5200 BUTLER PIKE PLYMOUTH MEETING PA 19462 MARCUS SCHABACKER DIRECTOR - CHAIR 2.00 40.00 X X 0 1494123 53247 DHEERENDRA KOMMALA DIRECTOR 2.00 40.00 X 0 482108 26402 PETER CATALANO DIRECTOR - TREASURER 2.00 40.00 X X 0 406375 46742 JANICE DUNSAVAGE DIRECTOR 2.00 0.00 X 0 0 0 RANDAL WHITE SECRETARY 2.00 25.00 X 0 316272 48119 RITA JEW PRESIDENT 43.00 2.00 X 285166 0 12277 SUSAN PAPARELLA VP, SERVICES 42.00 0.00 X 180538 0 7807 MICHAEL COHEN PRESIDENT EMERITUS 16.00 0.00 X 79714 0 3189 MICHELLE MANDRACK DIRECTOR, CONSULTING 41.00 0.00 X 159464 0 30360 CHRISTINA MICHALEK DIRECTOR, MEMBERSHIP AND PSO 49.00 0.00 X 177015 0 7702 MATTHEW GRISSINGER DIRECTOR, EDUCATION 40.00 0.00 X 143022 0 6244 MICHAEL GAUNT SR MGR, ERROR REPORTING 42.00 0.00 X 140838 0 6181 SHANNON BERTAGNOLI MED SAFETY SPEC, PUBLICATIONS 40.00 0.00 X 132638 0 10658 REBECCA LAMIS MGR, MED SAFETY BOARD 40.00 0.00 X 123828 0 15746 ANN SHASTAY SR MANAGER, PUBLICATIONS 45.00 0.00 X 124590 0 5557 1546813 2698878 280231 9 0 1 0 0 95043 366794 461837 TECHNICAL ASSISTANCE 541900 1024346 1024346 MEMBERSHIP, PUBLICATIO 900099 922057 922057 1946403 12000 95043 56869 -44869 -44869 2363371 1946403 0 -44869 943230 562885 380345 1094348 812606 253112 28630 45246 31633 13613 93610 52622 40988 150042 97528 52514 130 130 8715 8715 284143 79121 205022 46639 46639 20769 20769 37838 23930 13908 65979 38162 27817 47545 9139 38406 13674 11222 2452 SHARED SERVICE COST 1062379 1062379 PAYROLL PROCESSING 16310 16310 CREDIT CARD PROCESSING 9525 9525 TRAINING 1800 1800 33610 33610 3975532 1718848 2228054 28630 1072609 892172 537020 176604 4860 2595 309009 301375 19819 7634 424312 388953 334053 539815 2392673 2007773 152140 92801 573141 684571 28918 1204088 754199 1981460 X 1401174 -97687 237300 124000 1638474 26313 2392673 2007773 -1612161 0 X 0 1 X 1 0 X 908512 562645 1622793 793881 461837 4349668 1545470 1827117 1503825 1743510 1946403 8566325 2453982 2389762 3126618 2537391 2408240 12915993 0 428060 582135 1010195 428060 582135 1010195 11905798 520199 520199 520199 520199 -90461 -10660 -31970 -31313 -44869 -209273 2883720 2379102 3094648 2506078 2363371 13226919 0.90010 0.96360 0.03930 0.05290 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: NET FUNDRAISING EVENTS - 2019 AMOUNT: $ -90,461. 2020 AMOUNT: $ -10,660. 2021 AMOUNT: $ -31,970. 2022 AMOUNT: $ -31,313. 2023 AMOUNT: $ -44,869. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2815 2815 0 306194 298560 7634 7634 DUE FROM AFFILIATES 539815 539815 DUE TO AFFILIATES 1204088 1204088 X PART X, LINE 2: INCOME TAXES: ISMP IS GENERALLY EXEMPT FROM FEDERAL INCOME TAXES UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC). ISMP QUALIFIES FOR CHARITABLE CONTRIBUTION DEDUCTIONS AND HAVE BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT PRIVATE FOUNDATION. INCOME WHICH IS NOT RELATED TO EXEMPT PURPOSES, LESS APPLICABLE DEDUCTIONS, IS SUBJECT TO FEDERAL AND STATE CORPORATE INCOME TAXES. ISMP DID NOT HAVE ANY SIGNIFICANT NET UNRELATED BUSINESS INCOME FOR THE YEARS ENDED DECEMBER 31, 2023 AND 2022. MANAGEMENT EVALUATED ISMP'S TAX POSITIONS AND CONCLUDED THAT ISMP HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE CONSOLIDATED FINANCIAL STATEMENTS. ISMP FILES INCOME TAX RETURNS IN THE U.S. FEDERAL JURISDICTION. GENERALLY, ISMP IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE U.S. FEDERAL, STATE OR LOCAL TAX AUTHORITIES FOR YEARS BEFORE 2020. CHEERS AWARD DINNER 107043 95043 12000 4500 27536 2395 22438 107043 95043 12000 4500 27536 2395 22438 56869 -44869 X X 0 1 0 0 0 0 0 0 0 MARCUS SCHABACKER DIRECTOR - CHAIR 0 844894 0 641705 0 7524 0 13200 0 40047 0 1547370 0 0 DHEERENDRA KOMMALA DIRECTOR 0 409224 0 70262 0 2622 0 13200 0 13202 0 508510 0 0 PETER CATALANO DIRECTOR - TREASURER 0 354810 0 47205 0 4360 0 13200 0 33542 0 453117 0 0 RANDAL WHITE SECRETARY 0 298245 0 18027 0 0 0 12974 0 35145 0 364391 0 0 RITA JEW PRESIDENT 260140 0 21957 0 3069 0 11284 0 993 0 297443 0 0 0 MICHELLE MANDRACK DIRECTOR, CONSULTING 154115 0 0 0 5349 0 6425 0 23935 0 189824 0 0 0 SUSAN PAPARELLA VP, SERVICES 177475 0 0 0 3063 0 7099 0 708 0 188345 0 0 0 CHRISTINA MICHALEK DIRECTOR, MEMBERSHIP AND PSO 175050 0 0 0 1965 0 7002 0 700 0 184717 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 ECRI, EMERGENCY CARE RESEARCH INSTITUTE, IS THE SOLE MEMBER OF ISMP. FORM 990, PART VI, SECTION A, LINE 7A THE ORGANIZATION'S MEMBER IS RESPONSIBLE FOR APPOINTING THE DIRECTORS TO THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED WITH INPUT FROM OTHERS AS NEEDED, INCLUDING AN INDEPENDENT ACCOUNTING FIRMS REVIEW. A DRAFT OF THE COMPLETED FORM 990 IS REVIEWED BY CHIEF FINANCIAL OFFICER AND CHIEF LEGAL OFFICER. THEREAFTER, THE PRELIMINARY FORM 990 IS SENT TO EACH OFFICER AND DIRECTOR FOR THEIR REVIEW AND COMMENTS, AND ALL QUESTIONS AND COMMENTS ARE RESPONDED TO. IN ADDITION, THE FORM 990 IS REVIEWED AND DISCUSSED WITH THE GOVERNING BOARD'S AUDIT AND COMPLIANCE COMMITTEE AND THEREAFTER WITH THE DIRECTORS. AFTER THE ABOVE-DESCRIBED REVIEWS AND DISCUSSIONS, THE FINAL FORM 990 IS SIGNED AND FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD OF DIRECTORS HAS ESTABLISHED THE ORGANIZATION'S CONFLICT OF INTEREST POLICY. IN THE EVENT OF AN ACTUAL OR POTENTIAL CONFLICT OF INTEREST, THE BOARD OF DIRECTORS SHALL DETERMINE THE APPROPRIATE RESPONSE. THE ORGANIZATION ALSO MAINTAINS A HOTLINE NUMBER FOR STAFF TO REPORT POSSIBLE VIOLATIONS. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD IS RESPONSIBLE FOR REVIEWING THE PERFORMANCE OF THE PRESIDENT AND CONSIDERING ADJUSTMENTS IN COMPENSATION ON AN ANNUAL BASIS. THE BOARD'S DECISIONS WILL BE BASED ON ANNUAL PERFORMANCE AND REVIEW OF COMPARABLE SALARIES OF SIMILAR ORGANIZATIONS. THE PRESIDENT, IN CONJUNCTION WITH THE BOARD, IS RESPONSIBLE FOR REVIEWING THE PERFORMANCE AND DETERMINING COMPENSATION OF OTHER KEY EMPLOYEES IN THE ORGANIZATION ON AN ANNUAL BASIS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE UPON WRITTEN REQUEST FOR THE SAME PERIOD OF DISCLOSURE AS SET FORTH IN SECTION 6104(D). MEDICATION SAFETY OFFICERS SOCIETY LLC 5200 BUTLER PIKE PLYMOUTH MEETING PA 19462 EDUCATION PA 0 0 INSTITUTE FOR SAFE MEDICATION PRACTICES EMERGENCY CARE RESEARCH INSTITUTE 5200 BUTLER PIKE PLYMOUTH MEETING PA 19462 231662091 IMPROVE HEALTHCARE PA 501(C)(3) LINE 10 N/A 0 ECRI LABORATORIES 5200 BUTLER PIKE PLYMOUTH MEETING PA 19462 232053202 INACTIVE PA 501(C)(3) INACTIVE EMERGENCY CARE RESEARCH INSTITUTE 0 ECRI SHARED SERVICES 5200 BUTLER PIKE PLYMOUTH MEETING PA 19462 232056173 INACTIVE PA 501(C)(3) INACTIVE EMERGENCY CARE RESEARCH INSTITUTE 0 WHITEMARSH INSTITUTE 5200 BUTLER PIKE PLYMOUTH MEETING PA 19462 232996964 INACTIVE PA 501(C)(3) INACTIVE EMERGENCY CARE RESEARCH INSTITUTE 0 CENTER FOR ACCESSIBLE TRANSPORTATION AND ASSISTIVE TECHNOLOGY 5200 BUTLER PIKE PLYMOUTH MEETING PA 19462 232705995 INACTIVE PA EMERGENCY CARE RESEARCH INSTITUTE C 0 ECRI BHD 11 3 10 JALAN 3 109F DANAU BUSINESS TAMAN DANAU KUALA LUMPUR MY IMPROVE HEALTHCARE MY EMERGENCY CARE RESEARCH INSTITUTE C 0 ECRI INC 5200 BUTLER PIKE PLYMOUTH MEETING PA 19462 232082955 INACTIVE PA EMERGENCY CARE RESEARCH INSTITUTE C 0 ECRI MEA INC 5200 BUTLER PIKE PLYMOUTH MEETING PA 19462 853562970 ACTIVE PA EMERGENCY CARE RESEARCH INSTITUTE C 0 NATIONAL SAFETY TECHNOLOGIES 5200 BUTLER PIKE PLYMOUTH MEETING PA 19462 232491329 INACTIVE PA EMERGENCY CARE RESEARCH INSTITUTE C 0 MED SAFETY BOARD INC 5200 BUTLER PIKE PLYMOUTH MEETING PA 19462 232948087 EVALUATION OF PHARMACEUTICALS, COMBO DEVICES AND MEDICATIONS-RELATED DEVICES PA INSTITUTE FOR SAFE MEDICATION PRACTICES C 320572 299772 1.00000 0 1 0 0 0 0 0 0 0 0 0 0 1 1 1 1 1 1 0 0 MED SAFETY BOARD INC L 205762 FMV SCHEDULE R, PART V, LINE 1L AND 1M: ISMP ASSISTS MSB WITH PROJECTS AND THESE SERVICES ARE CHARGED TO MSB IN ACCORDANCE WITH THE LEVEL OF EFFORT PROVIDED AT COST ACCORDING TO THE LEVEL OF EFFORT PROVIDED. IN 2023, THESE SERVICES TO ISMP AND MSB AMOUNTED TO $205,762.