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Nonprofit · EIN 23-2757559

INSTITUTE FOR SAFE MEDICATION PRACTICES

Tax-exempt · DOYLESTOWN, PA 18901

Financials

$2.4M$4M2023$2.4M$3.9M2024
Revenue Expenses · by fiscal year end
Financials of INSTITUTE FOR SAFE MEDICATION PRACTICES by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$2,402,337$3,870,900-$1,468,563$1,821,038$3,263,288-$1,442,250
December 31, 2023990$2,363,371$3,975,532-$1,612,161$2,007,773$1,981,460$26,313
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$350,080
Program service revenue
$2,097,180
Investment income
$0
Net income from fundraising events
-$45,771
Other revenue
-$44,923

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$482,108
Other salaries and wages
$1,307,191
Salaries, compensation and benefits (total)
$2,208,849
Professional fundraising fees
$0
Legal fees
$7,500
Accounting fees
$9,450
Travel
$65,123
Depreciation
$42,993
Program services (functional)
$1,808,402
Management and general (functional)
$2,034,598
Fundraising (functional)
$27,900

Balance sheet and other

Total assets, start of year
$2,007,773
Total assets, end of year
$1,821,038
Total liabilities, end of year
$3,263,288
Net assets, end of year
-$1,442,250
Net assets without donor restrictions
-$1,596,420
Net assets with donor restrictions
$154,170
Gross receipts
$2,461,308
Employees
21
Volunteers
70
Year formed
1994
State of legal domicile
PA

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
MARCUS SCHABACKER MD PHDDIRECTOR - CHAIR
Trustee or director, Officer
2$0$905,891$236,694
DHEERENDRA KOMMALADIRECTOR
Trustee or director
2$0$445,072$98,723
PETER CATALANODIRECTOR - TREASURER
Trustee or director, Officer
2$0$380,990$116,496
RANDAL WHITESECRETARY
Officer
2$0$319,382$90,452
RITA JEWPRESIDENT
Officer
43$280,916$0$11,877
CHRISTINA MICHALEKDIRECTOR OF MEMBERSHIP & PSO
Key employee
48.56$181,585$0$7,730
MATTHEW GRISSINGERDIRECTOR OF EDUCATION
Highest-paid employee
40.15$147,118$0$6,262
MICHAEL GAUNTSR MGR, ERROR REPORTING
Highest-paid employee
44.87$145,057$0$6,215
JENNIFER YOUNGMED SAFETY SPEC, MEMBERSHIP
Highest-paid employee
40.31$135,945$0$13,369
SHANNON BERTAGNOLIMED SAFETY SPEC, PUBLICATIONS
Highest-paid employee
40.52$138,944$0$8,522
REBECCA LAMISMGR, MED SAFETY BOARD
Highest-paid employee
41.05$128,766$0$18,139
JANICE DUNSAVAGEDIRECTOR
Trustee or director
2$0$0$0
990 for the year ended December 31, 2023: 15 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
MARCUS SCHABACKERDIRECTOR - CHAIR
Trustee or director, Officer
2$0$1,494,123$53,247
DHEERENDRA KOMMALADIRECTOR
Trustee or director
2$0$482,108$26,402
PETER CATALANODIRECTOR - TREASURER
Trustee or director, Officer
2$0$406,375$46,742
RANDAL WHITESECRETARY
Officer
2$0$316,272$48,119
RITA JEWPRESIDENT
Officer
43$285,166$0$12,277
MICHELLE MANDRACKDIRECTOR, CONSULTING
Key employee
41$159,464$0$30,360
SUSAN PAPARELLAVP, SERVICES
Officer
42$180,538$0$7,807
CHRISTINA MICHALEKDIRECTOR, MEMBERSHIP AND PSO
Key employee
49$177,015$0$7,702
MATTHEW GRISSINGERDIRECTOR, EDUCATION
Highest-paid employee
40$143,022$0$6,244
MICHAEL GAUNTSR MGR, ERROR REPORTING
Highest-paid employee
42$140,838$0$6,181
SHANNON BERTAGNOLIMED SAFETY SPEC, PUBLICATIONS
Highest-paid employee
40$132,638$0$10,658
REBECCA LAMISMGR, MED SAFETY BOARD
Highest-paid employee
40$123,828$0$15,746
ANN SHASTAYSR MANAGER, PUBLICATIONS
Highest-paid employee
45$124,590$0$5,557
MICHAEL COHENPRESIDENT EMERITUS
Officer
16$79,714$0$3,189
JANICE DUNSAVAGEDIRECTOR
Trustee or director
2$0$0$0

Address and contacts

Address (IRS master file)
77 N BROAD ST, DOYLESTOWN, PA 18901-3743
In care of
% INDRANI EGLESTON
Principal officer (990 for 2024)
RITA JEW, 77 N BROAD STREET 3RD FLOOR, DOYLESTOWN, PA 18901
Signed the 990
INDRANI EGLESTON, CFO
Phone
(610) 825-6000
Return prepared by
RSM US LLP

Mission

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

990 for the year ended December 31, 2024

Program accomplishments

  • 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 (E.G., HOSPITALS/HEALTH-SYSTEMS, COMMUNITY AND SPECIALTY PHARMACIES, AMBULATORY CLINICS, INFUSION CENTERS, ETC.) TO HELP IMPROVE MEDICATION SAFETY. ONSITE PROACTIVE RISK ASSESSMENTS IN THESE PRACTICE SETTINGS BY A MULTIDISCIPLINARY TEAM OF PRACTITIONERS RESULT IN SAFE PRACTICE RECOMMENDATIONS AND A CUSTOMIZED ROADMAP TO MEDICATION ERROR PREVENTION. ONGOING GUIDANCE IN IMPLEMENTATION AND FOLLOW-UP SUPPORT SERVICES ARE ALSO PROVIDED AS NEEDED. UNLIKE OTHER CONSULTANTS, ISMP CONSTANTLY UPDATES ITS EVIDENCE-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 ROOT CAUSES, AND SHARE "LESSONS LEARNED" WITH THE HEALTHCARE COMMUNITY. THE PROGRAM WAS EXPANDED TO INCLUDE A NATIONAL VACCINE ERRORS REPORTING PROGRAM (ISMP VERP) AND THE FIRST CONSUMER ERROR REPORTING PROGRAM THROUGH ISMP'S CONSUMER WEBSITE (WWW.CONSUMERMEDSAFETY.ORG). EACH YEAR, THE PROGRAMS RECEIVE A FEW THOUSAND REPORTS FROM HEALTHCARE PRACTITIONERS AND CONSUMERS. THAT INFORMATION IS USED TO BRING ABOUT LARGE-SCALE CHANGES IN MEDICATION SAFETY THROUGH PUBLISHED GUIDELINES, RECOMMENDATIONS AND BEST PRACTICES. IN ADDITION, BASED ON THE INFORMATION SUBMITTED TO THE PROGRAMS, NATIONAL ALERT NETWORK (NAN) ALERTS ARE ISSUED AS NEEDED TO WARN PROVIDERS OF RISK FOR ERRORS THAT HAVE CAUSED OR MAY CAUSE SERIOUS HARM OR DEATH. 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 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. ISMP ALSO DEVELOP BEST PRACTICES AND MOST RECENTLY ISSUED THE 2024-2025 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.
    Expenses $1,240,061 · revenue $1,033,541
  • 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 NEWSLETTERS PROVIDE VIRTUALLY EVERY US HOSPITAL WITH VITAL AND LIFE-SAVING INFORMATION ABOUT MEDICATION AND DEVICE ERRORS AND ADVERSE DRUG EVENTS. THE MONTHLY ISMP MEDICATION SAFETY ALERT! COMMUNITY/AMBULATORY AND ISMP MEDICATION SAFETY ALERT! NURSE ADVISE-ERR NEWSLETTERS PROVIDE PHARMACISTS, PHARMACY TECHNICIANS, NURSES, PHYSICIANS, AND OTHER HEALTH PROFESSIONALS PRACTICAL RECOMMENDATIONS THAT CAN BE USED IN THEIR OWN PRACTICE SETTINGS. ISMP ALSO PUBLISHES EDUCATIONAL COLUMNS IN SEVERAL HEALTHCARE PROFESSIONAL JOURNALS AND PUBLICATIONS. ISMP'S CONSUMER WEBSITE, WWW.CONSUMERMEDSAFETY.ORG, PROVIDES CONSUMERS WITH ADVICE FROM LEADING SAFETY EXPERTS AND INFORMATION AND GUIDANCE ON SAFE MEDICATION USE.MEMBERSHIPS: ISMP OFFERS A MEDICATION SAFETY MEMBERSHIP AND A SPECIALTY PHARMACY MEDICATION SAFETY MEMBERSHIP THAT AIMS 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.
    Expenses $568,341 · revenue $1,063,639

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
23-2757559
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1994
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Health care (E60)
Assets (IRS master file)
$1,821,038
Income (IRS master file)
$2,461,308

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$2,402,337$3,870,900$1,821,038XML
990December 2023$2,363,371$3,975,532$2,007,773XML
990December 2022$2,506,078$2,908,543$2,392,673IRS
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 23-2757559).

Questions about INSTITUTE FOR SAFE MEDICATION PRACTICES

What is the EIN of INSTITUTE FOR SAFE MEDICATION PRACTICES?
The employer identification number (EIN) of INSTITUTE FOR SAFE MEDICATION PRACTICES is 23-2757559.
Is INSTITUTE FOR SAFE MEDICATION PRACTICES tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1994.
Are donations to INSTITUTE FOR SAFE MEDICATION PRACTICES tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does INSTITUTE FOR SAFE MEDICATION PRACTICES 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 INSTITUTE FOR SAFE MEDICATION PRACTICES 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 INSTITUTE FOR SAFE MEDICATION PRACTICES 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 INSTITUTE FOR SAFE MEDICATION PRACTICES?
The 990 for the year ended December 31, 2024 names RITA JEW.
Who are the officers and directors of INSTITUTE FOR SAFE MEDICATION PRACTICES?
The 990 for the year ended December 31, 2024 lists 12 people; 7 received compensation from the organization.
How much revenue does INSTITUTE FOR SAFE MEDICATION PRACTICES have?
On its 990 for the year ended December 31, 2024 it reported revenue of $2,402,337, expenses of $3,870,900 and total assets of $1,821,038 at year end.

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