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Nonprofit · EIN 02-0542064

ASSOCIATION OF CLINICAL RESEARCH ORGANIZATIONS

Tax-exempt · WASHINGTON, DC 20001

Financials

$2.5M$2.1M2023$2.3M$2.4M2024
Revenue Expenses · by fiscal year end
Financials of ASSOCIATION OF CLINICAL RESEARCH ORGANIZATIONS by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$2,313,761$2,437,532-$123,771$3,293,943$47,623$3,246,320
December 31, 2023990$2,469,015$2,091,418$377,597$3,426,449$55,128$3,371,321
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$2,162,500
Investment income
$151,261
Net gain from sales of assets
$30,094
Other revenue
$0

Expenses

Grants and similar amounts paid
$210,000
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$14,441
Accounting fees
$41,623
Occupancy
$37,440
Travel
$31,079
Depreciation
$10,649

Balance sheet and other

Total assets, start of year
$3,426,449
Total assets, end of year
$3,293,943
Total liabilities, end of year
$47,623
Net assets, end of year
$3,246,320
Land, buildings and equipment
$24,201
Publicly traded securities
$2,538,414
Net assets without donor restrictions
$3,246,320
Gross receipts
$3,714,667
Employees
0
Volunteers
0
Year formed
2002
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 / weekCompensation
PEYTON HOWELLCHAIR
Trustee or director, Officer
1$0
CYNTHIA VERSTPAST CHAIR
Trustee or director, Officer
1$0
JIM REILLYVICE-CHAIR
Trustee or director, Officer
1$0
MIKE CROWLEYSECRETARY
Trustee or director, Officer
1$0
ARI FELDMANTREASURER
Trustee or director, Officer
1$0
GREG LICHOLAIBOARD MEMBER
Trustee or director
1$0
LISA MONEYMAKERBOARD MEMBER
Trustee or director
1$0
JOSEPH SCHMIDTBOARD MEMBER (Q1-Q3 2024)
Trustee or director
1$0
KAREN KAUCICBOARD MEMBER
Trustee or director
1$0
SEEMA VERMABOARD MEMBER
Trustee or director
1$0
CATHERINE GREGORBOARD MEMBER
Trustee or director
1$0
GADI SAARONYBOARD MEMBER
Trustee or director
1$0
JIM CORRIGANBOARD MEMBER
Trustee or director
1$0
CASSANDRA KENNEDYBOARD MEMBER
Trustee or director
1$0
DOUGLAS PEDDICORDEXECUTIVE DIRECTOR
Officer
30$0
990 for the year ended December 31, 2023: 20 people
NameTitleHours / weekCompensation
PAUL KIRCHGRABERCHAIR
Trustee or director, Officer
1$0
JACKIE KENTPAST CHAIR (UNTIL Q3 2023)
Trustee or director, Officer
1$0
PEYTON HOWELLVICE-CHAIR
Trustee or director, Officer
1$0
STEVE CUTLERBOARD MEMBER (UNTIL Q3 2023)
Trustee or director
1$0
GREG LICHOLAIBOARD MEMBER (AS OF Q3 2023)
Trustee or director
1$0
CYNTHIA VERSTBOARD MEMBER
Trustee or director
1$0
KAREN KAUCICBOARD MEMBER
Trustee or director
1$0
HENRY MCNAMARABOARD MEMBER (UNTIL Q4 2024)
Trustee or director
1$0
SEEMA VERMABOARD MEMBER (AS OF Q4 2024)
Trustee or director
1$0
HENRY LEVYBOARD MEMBER (UNTIL Q3 2023)
Trustee or director
1$0
JIM REILLYBOARD MEMBER (AS OF Q3 2023)
Trustee or director
1$0
SCOTT CONNORBOARD MEMBER
Trustee or director
1$0
CHRIS FIRKYBOARD MEMBER
Trustee or director
1$0
MICHAEL BROOKSBOARD MEMBER
Trustee or director
1$0
LISA MONEYMAKERBOARD MEMBER (AS OF Q1 2023)
Trustee or director
1$0
CATHERINE GREGORBOARD MEMBER
Trustee or director
1$0
JOE SCHMIDTBOARD MEMBER (AS OF Q3 2023)
Trustee or director
1$0
DOUGLAS PEDDICORDEXECUTIVE DIRECTOR
Officer
30$0
ARI FELDMANTREASURER
Officer
1$0
CASSANDRA KENNEDYSECRETARY
Officer
1$0

Address and contacts

Address (IRS master file)
601 NEW JERSEY AVE NW STE 350, WASHINGTON, DC 20001-5559
In care of
% DOUG PEDDICORD
Principal officer (990 for 2024)
DOUG PEDDICORD, 601 NEW JERSEY AVE NW 350, WASHINGTON, DC 20001
Signed the 990
DOUG PEDDICORD, EXECUTIVE DIRECTOR
Phone
(202) 464-9340
Return prepared by
COUNCILOR BUCHANAN & MITCHELL PC

Mission

ACRO AND ITS MEMBERS ADVOCATE ON A GLOBAL BASIS FOR SAFE, ETHICAL, HIGH-QUALITY MEDICAL RESEARCH SO PATIENTS CAN BENEFIT FROM THE DEVELOPMENT OF NEW TREATMENTS AND THERAPIES.

990 for the year ended December 31, 2024

Program accomplishments

  • THE ASSOCIATION OF CLINICAL RESEARCH ORGANIZATIONS (ACRO) REPRESENTS THE WORLD'S LEADING CLINICAL RESEARCH ORGANIZATIONS AND CLINICAL TECHNOLOGY COMPANIES. ACRO'S MEMBERS PROVIDE SPECIALIZED SERVICES THAT ARE INTEGRAL TO THE DEVELOPMENT OF DRUGS, BIOLOGICS, AND MEDICAL DEVICES. ACRO ADVANCES CLINICAL OUTSOURCING TO IMPROVE THE QUALITY, EFFICIENCY, AND SAFETY OF BIOMEDICAL RESEARCH. ACRO'S PRIORITIES IN 2024 INCLUDED: 1. A US FOCUS ON REGULATORY ADVOCACY, SPECIFICALLY REPRESENTING CLINICAL RESEARCH AND CLINICAL TECHNOLOGY COMPANIES IN POLICY DISCUSSIONS WITH THE FDA. (CONTINUED IN SCHEDULE O) 2. EU ADVOCACY FOCUSED ON REPRESENTING THE INDUSTRY IN POLICY DISCUSSIONS WITH THE EUROPEAN COMMISSION, THE EUROPEAN MEDICINES AGENCY, AND UK AND OTHER EU MEMBER STATE REGULATORY BODIES.3. REPRESENTING MEMBER COMPANIES TO OTHER REGULATORS AND INDUSTRY STAKEHOLDERS SUCH AS CUSTOMERS.

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
02-0542064
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
2002
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$3,293,943
Income (IRS master file)
$3,714,667

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$2,313,761$2,437,532$3,293,943XML
990December 2023$2,469,015$2,091,418$3,426,449XML
990December 2022$2,348,771$1,983,993$2,990,221IRS
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 02-0542064).

Questions about ASSOCIATION OF CLINICAL RESEARCH ORGANIZATIONS

What is the EIN of ASSOCIATION OF CLINICAL RESEARCH ORGANIZATIONS?
The employer identification number (EIN) of ASSOCIATION OF CLINICAL RESEARCH ORGANIZATIONS is 02-0542064.
Is ASSOCIATION OF CLINICAL RESEARCH ORGANIZATIONS tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 2002.
Are donations to ASSOCIATION OF CLINICAL RESEARCH ORGANIZATIONS tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does ASSOCIATION OF CLINICAL RESEARCH ORGANIZATIONS 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 ASSOCIATION OF CLINICAL RESEARCH ORGANIZATIONS 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 ASSOCIATION OF CLINICAL RESEARCH ORGANIZATIONS 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 ASSOCIATION OF CLINICAL RESEARCH ORGANIZATIONS?
The 990 for the year ended December 31, 2024 names DOUG PEDDICORD.
Who are the officers and directors of ASSOCIATION OF CLINICAL RESEARCH ORGANIZATIONS?
The 990 for the year ended December 31, 2024 lists 15 people; 0 received compensation from the organization.
How much revenue does ASSOCIATION OF CLINICAL RESEARCH ORGANIZATIONS have?
On its 990 for the year ended December 31, 2024 it reported revenue of $2,313,761, expenses of $2,437,532 and total assets of $3,293,943 at year end.

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