Nonprofit · EIN 13-5582579
NATIONAL ASSOCIATION OF CHAIN DRUG STORES INC
Tax-exempt · ARLINGTON, VA 22209
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $364,100,689 | $44,684,975 | $319,415,714 | $623,210,740 | $34,365,700 | $588,845,040 |
| December 31, 2023 | 990 | $40,317,877 | $39,681,382 | $636,495 | $104,722,094 | $33,649,597 | $71,072,497 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $38,577,056
- Investment income
- $325,495,985
- Royalties
- $27,648
- Net gain from sales of assets
- $258,570,874
- Other revenue
- $27,648
Expenses
- Grants and similar amounts paid
- $39,934
- Compensation of officers, directors and key employees
- $8,060,560
- Other salaries and wages
- $8,417,764
- Salaries, compensation and benefits (total)
- $19,042,922
- Professional fundraising fees
- $0
- Legal fees
- $1,481,909
- Accounting fees
- $78,888
- Occupancy
- $1,209,013
- Travel
- $566,163
- Depreciation
- $133,566
Balance sheet and other
- Total assets, start of year
- $104,722,094
- Total assets, end of year
- $623,210,740
- Total liabilities, end of year
- $34,365,700
- Net assets, end of year
- $588,845,040
- Land, buildings and equipment
- $409,404
- Publicly traded securities
- $79,684,648
- Net assets without donor restrictions
- $588,845,040
- Gross unrelated business income
- $49,766
- Gross receipts
- $616,178,865
- Employees
- 51
- Volunteers
- 50
- Year formed
- 1933
- 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.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| STEVEN C ANDERSON FASAE CAE IOM | PRESIDENT & CEO Officer | 39 | $3,025,333 | $85,186 |
| JAMES WHITMAN | SVP MEMBER PROGRAMS/SERVICES Key employee | 40 | $1,180,998 | $83,198 |
| CHRISTIE BOUTTE | SVP REIMB, ADVOCACY & INNOVATION Key employee | 40 | $828,212 | $53,516 |
| CHRIS KRESE | SVP CONGRESSIONAL RELATIONS Key employee | 40 | $778,065 | $68,790 |
| DAVID FITZSIMMONS | SVP FINANCE Officer | 38 | $587,602 | $64,786 |
| SARA ROSZAK | SVP HEALTH & WELLNESS STRATEGY Key employee | 30 | $501,212 | $86,886 |
| MICHAEL AYOTTE | SVP PHARMACY TRANSFROM & ADVOC Key employee | 40 | $491,181 | $71,698 |
| TERRENCE ARTH | VP MEMBER PROGRAMS Highest-paid employee | 40 | $426,254 | $62,186 |
| KEVIN NICHOLSON | VP REGULATORY AFF Highest-paid employee | 40 | $387,160 | $59,223 |
| WILLIAM TIGHE | VP FEDERAL AFFAIRS Highest-paid employee | 40 | $349,969 | $58,491 |
| SANDRA KAY GUCKIAN | VP STATE GOVT Highest-paid employee | 40 | $339,531 | $43,131 |
| HEIDI ECKER | VP GOV, POLITICAL & DIGITAL ENG Highest-paid employee | 40 | $305,645 | $53,776 |
| KEVIN HOST | CHAIR Trustee or director, Officer | 5 | $0 | $0 |
| RICK GATES | VICE CHAIR Trustee or director, Officer | 5 | $0 | $0 |
| DAVID WARNER | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
20 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BRAD COCHRAN | DIRECTOR Trustee or director | 1 | $0 |
| RANDY EDEKER | DIRECTOR (THRU 8/1/24) Trustee or director | 1 | $0 |
| LYNNE FRUTH | DIRECTOR Trustee or director | 1 | $0 |
| OMER GAJIAL | DIRECTOR (THRU 9/1/24) Trustee or director | 1 | $0 |
| JEREMY GOSCH | DIRECTOR Trustee or director | 1 | $0 |
| MARK GRIFFIN | DIRECTOR Trustee or director | 1 | $0 |
| SEAN JACKSON | DIRECTOR (THRU 10/1/24) Trustee or director | 1 | $0 |
| NIMESH JHAVERI | DIRECTOR Trustee or director | 1 | $0 |
| RICK KEYES | DIRECTOR Trustee or director | 1 | $0 |
| COLLEEN LINDHOLZ | DIRECTOR Trustee or director | 1 | $0 |
| ROBERT NARVESON | DIRECTOR Trustee or director | 1 | $0 |
| MARTIN OTTO | DIRECTOR Trustee or director | 1 | $0 |
| ANDRE PERSAUD | DIRECTOR Trustee or director | 1 | $0 |
| DAIN RUSK | DIRECTOR Trustee or director | 1 | $0 |
| KAREN STANIFORTH | DIRECTOR Trustee or director | 1 | $0 |
| SHARON STERNHEIM | DIRECTOR Trustee or director | 1 | $0 |
| MIKE STIGERS | DIRECTOR Trustee or director | 1 | $0 |
| JIM TSIPAKIS | DIRECTOR Trustee or director | 1 | $0 |
| MIKE WYSONG | DIRECTOR Trustee or director | 1 | $0 |
| JENNI ZILKA | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 31 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Steven C AndersonFASAECAE | President & CEO Trustee or director, Officer | 39 | $2,335,583 | $70,236 |
| James A Whitman | SVP Member Programs/Services | 40 | $1,200,125 | $65,329 |
| Christopher P Krese | SVP Congressional Relations & Com's | 40 | $758,013 | $71,369 |
| David M Fitzsimmons | SVP Finance Officer | 38 | $521,936 | $70,819 |
| Christie Boutte | SVP Reimb, Advocacy & Innovation | 40 | $509,141 | $59,213 |
| Sara Roszak | SVP Health & Wellness Strategy | 30 | $486,585 | $73,149 |
| Michael Ayotte | SVP Pharmacy Transform & Advocacy | 40 | $477,242 | $66,753 |
| Mary Ellen Kleiman | VP Legal Affairs | 40 | $462,676 | $37,400 |
| Terrance Arth | VP Member Programs | 40 | $405,610 | $68,409 |
| Kevin Nicholson | VP Regulatory Aff | 40 | $376,531 | $52,060 |
| Sandra Kay Guckian | VP State Govt | 40 | $329,501 | $45,955 |
| William Tighe | VP Federal Affairs | 40 | $311,124 | $63,106 |
| Mike Wysong | Chair Trustee or director, Officer | 5 | $0 | $0 |
| Kevin Host | Vice Chair Trustee or director, Officer | 5 | $0 | $0 |
| Rick Gates | Treasurer Trustee or director, Officer | 1 | $0 | $0 |
| Brad Cochran | Director Trustee or director | 1 | $0 | $0 |
| Randy Edeker | Director Trustee or director | 1 | $0 | $0 |
| Lynne Fruth | Director Trustee or director | 1 | $0 | $0 |
| Omer Gajial | Director Trustee or director | 1 | $0 | $0 |
| Mark Griffin | Director Trustee or director | 1 | $0 | $0 |
| Sean Jackson | Director Trustee or director | 1 | $0 | $0 |
| Nimesh Jhaveri | Director Trustee or director | 1 | $0 | $0 |
| Rick Keyes | Director Trustee or director | 1 | $0 | $0 |
| Colleen Lindholz | Director Trustee or director | 1 | $0 | $0 |
| Robert Narveson | Director Trustee or director | 1 | $0 | $0 |
| Martin Otto | Director Trustee or director | 1 | $0 | $0 |
| Craig Painter | Director Trustee or director | 1 | $0 | $0 |
| Luke Rauch | Director Trustee or director | 1 | $0 | $0 |
| Dain Rusk | Director Trustee or director | 1 | $0 | $0 |
| Karen Staniforth | Director Trustee or director | 1 | $0 | $0 |
| Sharon Sternheim | Director Trustee or director | 1 | $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 STE 200, ARLINGTON, VA 222092516
- Signed the 990
- DAVID M FITZSIMMONS, SVP FINANCE & ADMIN
- Phone
- (703) 549-3001
- Website
- WWW.NACDS.ORG
- Return prepared by
- RSM US LLP
Mission
TO ADVANCE THE INTERESTS AND OBJECTIVES OF THE CHAIN COMMUNITY PHARMACY INDUSTRY, BY FOSTERING ITS GROWTH AND PROMOTING ITS ROLE AS A PROVIDER OF HEALTHCARE SERVICES AND CONSUMER PRODUCTS.
Program accomplishments
- ANNUAL MEETING - 2,000+ REGISTRANTS. DIRECTORS AND OFFICERS ARE ELECTED. KEY ADDRESSES BY CHAIRMAN OF THE BOARD, PRESIDENT, AND GUEST SPEAKERS. PROVIDES ATTENDEES INFORMATION REGARDING BUSINESS, MANAGEMENT, MERCHANDISING, OPERATIONS, ETC. PROVIDES A FORUM FOR EXECUTIVE-LEVEL MEETINGS BETWEEN CHAIN DRUG MEMBERS AND SUPPLIER PARTNERS.
- CONFERENCES AND TRADE SHOWS - 4,000+ REGISTRANTS. TWO CONFERENCES HELD ANNUALLY. TOPICS ADDRESSED INCLUDE GENERAL MERCHANDISING TRENDS, PHARMACY AND PROFESSIONAL ISSUES, HEALTH AND WELLNESS, AND OPERATIONAL CONCERNS OF REGIONAL CHAIN DRUG STORE RETAILERS. EXHIBIT HALL FORMAT WITH SOME GENERAL BUSINESS SESSIONS INCLUDED.
- FEDERAL AND STATE GOVERNMENT AFFAIRS PROGRAMS - CONGRESSIONAL RELATIONS PROGRAM DESIGNED TO COMMUNICATE INDUSTRY ISSUES OF CONCERN TO MEMBERS OF CONGRESS; LEGISLATIVE AND REGULATORY LIAISON DESIGNED TO KEEP MEMBERS INFORMED ON IMPORTANT LEGISLATIVE AND REGULATORY DEVELOPMENTS. SIMILAR PROGRAM AT THE STATE GOVERNMENT LEVEL.
- PHARMACY OPERATIONS AND PATIENT CARE PROGRAMS - VARIOUS PROGRAMS TO DEMONSTRATE AND COMMUNICATE THE VALUE OF PHARMACY SERVICES IN IMPROVING HEALTH OUTCOMES AND LOWERING OVERALL HEALTHCARE COSTS. INCLUDES WORKING WITH OTHER ALLIED TRADE ASSOCIATIONS AND STATE BOARDS OF PHARMACY TO ADDRESS PHARMACY PRACTICES AND PROFESSIONAL ISSUES WHICH AFFECT CHAIN DRUG STORE OPERATIONS. ALSO PROVIDE ONLINE EDUCATIONAL COURSES FORPHARMACISTS.OTHER PROGRAM SERVICES - VARIOUS OTHER SERVICES TO MEMBERS INCLUDING REGULATORY GUIDANCE ON INDUSTRY ISSUES, LEGAL SUPPORT ON INDUSTRY MATTERS, MEMBERSHIP DIRECTORY, PUBLIC RELATIONS AND COMMUNICATIONS, AND FRONT-END RETAIL SUPPORT.
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 13-5582579
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 1997
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $623,210,740
- Income (IRS master file)
- $616,178,865
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $364,100,689 | $44,684,975 | $623,210,740 | IRS |
| 990 | December 2023 | $40,317,877 | $39,681,382 | $104,722,094 | XML |
| 990 | December 2022 | $40,499,380 | $34,802,999 | $97,504,027 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 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 13-5582579).
Questions about NATIONAL ASSOCIATION OF CHAIN DRUG STORES INC
- What is the EIN of NATIONAL ASSOCIATION OF CHAIN DRUG STORES INC?
- The employer identification number (EIN) of NATIONAL ASSOCIATION OF CHAIN DRUG STORES INC is 13-5582579.
- Is NATIONAL ASSOCIATION OF CHAIN DRUG STORES INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1997.
- Are donations to NATIONAL ASSOCIATION OF CHAIN DRUG STORES INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does NATIONAL ASSOCIATION OF CHAIN DRUG STORES 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 NATIONAL ASSOCIATION OF CHAIN DRUG STORES 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 NATIONAL ASSOCIATION OF CHAIN DRUG STORES INC 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 INC?
- 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 INC?
- The 990 for the year ended December 31, 2024 lists 35 people; 12 received compensation from the organization, the highest $3,025,333 (STEVEN C ANDERSON FASAE CAE IOM, PRESIDENT & CEO).
- How much revenue does NATIONAL ASSOCIATION OF CHAIN DRUG STORES INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $364,100,689, expenses of $44,684,975 and total assets of $623,210,740 at year end.
Other nonprofits in ARLINGTON
- RAILROAD EMPLOYEES NATIONAL HEALTH AND WELFARE PLAN TRUST EIN 52-1118310 · last filed 990 for 2024
- NATURE CONSERVANCY EIN 53-0242652 · last filed 990 for 2025
- VIRGINIA HOSPITAL CENTER ARLINGTON HEALTH SYSTEM EIN 54-0505989 · last filed 990 for 2024
- NATIONAL RURAL ELECTRIC COOPERATIVE EIN 56-6208927 · last filed 990 for 2024
- PUBLIC BROADCASTING SERVICE EIN 52-0899215 · last filed 990 for 2025
- SMART - TD HEALTH AND WELFARE PLAN EIN 52-2174651 · last filed 990 for 2024
- PARTNERSHIP FOR SUPPLY CHAIN MANAGE MENT EIN 20-3258654 · last filed 990 for 2025
- AMERICAN INSTITUTES FOR RESEARCH IN THE BEHAVIORAL SCIENCES EIN 25-0965219 · last filed 990 for 2024