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Nonprofit · EIN 36-2376972

AMERICAN ASSOCIATION OF COLLEGES OF PHARMACY

Tax-exempt · ARLINGTON, VA 22202

Financials

$11.3M$12M2022$11M$12.4M2023$12M$13.1M2024
Revenue Expenses · by fiscal year end
Financials of AMERICAN ASSOCIATION OF COLLEGES OF PHARMACY by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$11,957,546$13,128,468-$1,170,922$13,650,560$7,927,198$5,723,362
June 30, 2024990$11,046,261$12,384,193-$1,337,932$14,578,846$8,271,944$6,306,902
June 30, 2023990$11,309,569$12,004,446-$694,877$14,813,125$8,135,002$6,678,123
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$615,315
Program service revenue
$10,518,687
Investment income
$516,937
Net rental income
$66,000
Net gain from sales of assets
$163,491
Other revenue
$306,607

Expenses

Grants and similar amounts paid
$479,167
Compensation of officers, directors and key employees
$1,370,867
Other salaries and wages
$3,207,310
Salaries, compensation and benefits (total)
$5,459,703
Professional fundraising fees
$0
Legal fees
$65,946
Accounting fees
$36,592
Occupancy
$494,004
Travel
$357,455
Depreciation
$57,074
Program services (functional)
$10,128,798
Management and general (functional)
$2,999,670

Balance sheet and other

Total assets, start of year
$14,578,846
Total assets, end of year
$13,650,560
Total liabilities, end of year
$7,927,198
Net assets, end of year
$5,723,362
Land, buildings and equipment
$94,559
Publicly traded securities
$9,713,904
Net assets without donor restrictions
$5,264,409
Net assets with donor restrictions
$458,953
Gross receipts
$13,668,178
Employees
47
Volunteers
96
Year formed
1989
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 June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
LEE C VERMEULEN JREVP & CEO
Officer
37.5$351,300$835
LYNETTE BRADLEY-BAKERSR. VP, CHIEF ENGAGEMENT OFFICER
Key employee
37.5$253,073$52,635
SUBRAMANYAM RAMAMURTHYSR. VP, CFO
Officer
37.5$253,058$44,364
KELLY RAGUCCISR. VP, CAO
Key employee
37.5$219,336$40,909
TERRI S MOOREVP, CHIEF STRATEGY&DIVERSITY OFFICER
Key employee
37.5$203,618$32,763
SARAH P SHRADERSR. DIRECTOR OF AP & PD
Highest-paid employee
37.5$171,330$29,483
DOROTHY F FARRELLSR. DIRECTOR OF SCIENCE POLICY, CSO
Highest-paid employee
37.5$151,173$41,121
MICHELLE ASSA-ELEYSR. DIRECTOR OF EDUCATION
Highest-paid employee
37.5$161,822$18,499
MAUREEN O THIELEMANSSENIOR DIRECTOR OF COMMUNICATIONS
Highest-paid employee
37.5$129,832$32,360
CHRISTOPHER J DESIMONECHIEF OF STAFF
Highest-paid employee
37.5$131,425$10,514
ANANDI V LAWPRESIDENT
Trustee or director, Officer
1$0$0
ROBIN ZAVODPRESIDENT ELECT
Trustee or director, Officer
1$0$0
CRAIG D COXIMMEDIATE PAST PRESIDENT
Trustee or director, Officer
1$0$0
DAVID HOLDFORDTREASURER
Trustee or director, Officer
1$0$0
GLORIA GRICESPEAKER OF THE HOUSE
Trustee or director, Officer
1$0$0
9 more people on this return
NameTitleHours / weekCompensation
JENNIFER L ADAMSDIRECTOR
Trustee or director
1$0
TIMOTHY J BLOOMDIRECTOR
Trustee or director
1$0
RUCHA BONDDIRECTOR
Trustee or director
1$0
JEFF CAINDIRECTOR
Trustee or director
1$0
JENNIFER M HOOKSTRADIRECTOR
Trustee or director
1$0
KATHERINE A KELLEYDIRECTOR
Trustee or director
1$0
GEORGE E MACKINNON IIIDIRECTOR
Trustee or director
1$0
ANA C QUINONES-BOEXDIRECTOR
Trustee or director
1$0
WALTER T SMITHDIRECTOR
Trustee or director
1$0
990 for the year ended June 30, 2024: 23 people
NameTitleHours / weekCompensationOther / benefits
LEE C VERMEULEN JREVP & CEO
Officer
37.5$343,916$809
LYNETTE BRADLEY-BAKERSR. VP, CHIEF ENGAGEMENT OFFICER
Key employee
37.5$247,919$49,704
KELLY RAGUCCISR. VP, CAO
Key employee
37.5$226,401$40,773
SUBRAMANYAM RAMAMURTHYSR. VP, CFO
Officer
37.5$223,839$40,830
TERRI S MOOREVP, CHIEF STRATEGY/DIVERSITY OFFICER
Key employee
37.5$185,989$30,098
DOROTHY F FARRELLSR. DIRECTOR OF SCIENCE POLICY, CSO
Highest-paid employee
37.5$148,884$38,359
MICHELLE ASSA-ELEYSR. DIRECTOR OF EDUCATION
Highest-paid employee
37.5$158,412$18,127
SARAH P SHRADERSR. DIRECTOR OF AP & PD
Highest-paid employee
37.5$164,094$9,708
MAUREEN O THIELEMANSSENIOR DIRECTOR OF COMMUNICATIONS
Highest-paid employee
37.5$121,722$29,274
CHRISTOPHER J DESIMONECHIEF OF STAFF
Highest-paid employee
37.5$118,744$8,112
CRAIG COXPRESIDENT
Trustee or director, Officer
1$0$0
ANANDI V LAWPRESIDENT ELECT
Trustee or director, Officer
1$0$0
RUSSELL B MELCHERTIMMEDIATE PAST PRESIDENT
Trustee or director, Officer
1$0$0
DAVID HOLDFORDTREASURER
Trustee or director, Officer
1$0$0
GLORIA GRICESPEAKER OF THE HOUSE
Trustee or director, Officer
1$0$0
TIMOTHY J BLOOMDIRECTOR
Trustee or director
1$0$0
LAKESHA BUTLERDIRECTOR
Trustee or director
1$0$0
MARGARITA DIVALLDIRECTOR
Trustee or director
1$0$0
KATHERINE A KELLEYDIRECTOR
Trustee or director
1$0$0
GEORGE MACKINNON IIIDIRECTOR
Trustee or director
1$0$0
ANA C QUINONES-BOEXDIRECTOR
Trustee or director
1$0$0
THOMAS SMITHDIRECTOR
Trustee or director
1$0$0
TOYIN TOFADEDIRECTOR
Trustee or director
1$0$0
990 for the year ended June 30, 2023: 23 people
NameTitleHours / weekCompensationOther / benefits
LYNETTE BRADLEY BAKERSR. VP OF PUBLIC AFFAIRS &
Key employee
37.5$242,893$48,070
KELLY RAGUCCIVP OF PROFESSIONAL DEVELOP
Key employee
37.5$208,236$38,063
SUBRAMANYAM RAMAMURTHYVP OF FINANCE/CFO
Officer
37.5$205,824$38,120
LEE C VERMEULEN JREVP & CEO
Officer
37.5$212,758$809
MELISSA CORRIGANEXECUTIVE DIRECTOR
Highest-paid employee
37.5$203,258$9,896
TERRI S MOORESR DIRECTOR OF ACADEMIC SE
Highest-paid employee
37.5$170,481$27,990
DOROTHY FRANCES FARRELLCHIEF SCIENCE OFFICER
Highest-paid employee
37.5$145,226$36,945
MICHELLE ASSA-ELEYSR DIRECTOR OF EDUCATION
Highest-paid employee
37.5$154,821$17,787
SARAH SHRADERSENIOR DIRECTOR OF ACADEMIC PROGRAMS
Highest-paid employee
37.5$152,692$9,343
THOMAS SMITHDIRECTOR
Trustee or director
1$0$0
STUART HAINESIMMEDIATE PAST PRESIDENT
Trustee or director, Officer
1$0$0
RUSSELL B MELCHERTPRESIDENT
Trustee or director, Officer
1$0$0
RENAE J CHESNUTDIRECTOR
Trustee or director
1$0$0
CRAIG COXPRESIDENT ELECT
Trustee or director
1$0$0
TIMOTHY J BLOOMDIRECTOR
Trustee or director
1$0$0
MARGARITA DIVALLDIRECTOR
Trustee or director
1$0$0
LAKESHA BUTLERDIRECTOR
Trustee or director
1$0$0
JENNIFER TRUJILLODIRECTOR
Trustee or director
1$0$0
JENNIFER DANIELSONDIRECTOR
Trustee or director
1$0$0
GLORIA GRICESPEAKER
Trustee or director
1$0$0
DAVID A HOLDFORDTREASURER
Trustee or director, Officer
1$0$0
PAMELA C HEATONDIRECTOR
Trustee or director
1$0$0
TOYIN TOFADEDIRECTOR
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
1400 CRYSTAL DR STE 300, ARLINGTON, VA 22202-4156
Principal officer (990 for 2024)
LEE C VERMEULEN JR, 1400 CRYSTAL DRIVE 300, ARLINGTON, VA 22202
Signed the 990
LEE C VERMEULEN JR, EVP & CEO
Phone
(703) 739-2330
Return prepared by
HAN GROUP LLC

Mission

ADVANCE PHARMACY EDUCATION, RESEARCH, SCHOLARSHIP, PRACTICE AND SERVICE, IN PARTNERSHIP WITH MEMBERS AND STAKEHOLDERS, TO IMPROVE HEALTH FOR ALL.

990 for the year ended June 30, 2025

Program accomplishments

  • MEETINGS: AMERICAN ASSOCIATION OF COLLEGES OF PHARMACY'S (THE ASSOCIATION) MEMBER-DIRECTED PROGRAMMING PROVIDES PHARMACY EDUCATORS WITH OPPORTUNITIES TO NETWORK WITH PEERS AT THE ASSOCIATION'S ANNUAL, INTERIM AND OTHER MEETINGS FOR THE PURPOSE OF ENRICHMENT, PROFESSIONAL GROWTH AND DEVELOPMENT. THE ASSOCIATION'S ANNUAL MEETING IS THE LARGEST GATHERING OF ACADEMIC PHARMACY ADMINISTRATORS, FACULTY AND STAFF AND OFFERS MORE THAN 75 EDUCATIONAL PROGRAMS THAT CUT ACROSS ALL DISCIPLINES. THE ASSOCIATION ALSO HOLDS OTHER SPECIALIZED MEETINGS ON TOPICS RELATED TO PROFESSIONAL EDUCATION, LEADERSHIP AND CURRICULAR DEVELOPMENT.
    Expenses $2,688,548 · revenue $2,562,755
  • PHARMCAS: THE PHARMACY COLLEGE APPLICATION SERVICE (PHARMCAS) IS A CENTRALIZED APPLICATION SERVICE THAT IS USED BY THE MAJORITY OF THE COLLEGES AND SCHOOLS OF PHARMACY. DESIGNED FOR FIRST YEAR PROFESSIONAL PHARMACY DEGREE APPLICANTS, PHARMCAS OFFERS A SIMPLE, EFFICIENT PROCESS TO APPLY TO MULTIPLE COLLEGES AND SCHOOLS OF PHARMACY USING A SINGLE WEBBASED APPLICATION. THIS PROGRAM ASSISTS MEMBER SCHOOLS BY HELPING MEET THEIR MISSION OF EDUCATING AND TRAINING PHARMACISTS.
    Expenses $2,499,953 · revenue $3,405,504
  • MEMBER SERVICES: THE ASSOCIATION OFFERS UNIQUE BENEFITS, SERVICES, AND OPPORTUNITIES FOR INSTITUTIONAL AND INDIVIDUAL MEMBERS WITH CHALLENGING AND RELEVANT EDUCATIONAL PROGRAMMING, ADVOCACY EFFORTS, PUBLICATIONS, AND PARTNERSHIP INITIATIVES DESIGNED TO PROVIDE OPPORTUNITIES TO PHARMACY PROFESSIONALS AT EVERY STAGE OF THEIR DEVELOPMENT. THE ASSOCIATION'S CORE IDEOLOGY - TO PROVIDE LEADERSHIP IN ADVANCING THE QUALITY OF PHARMACY EDUCATION AT ALL LEVELS - IS REFLECTED IN THE TEACHING, RESEARCH, AND SERVICE ACTIVITIES THAT TAKE PLACE WITHIN AND OUTSIDE OUR NATION'S COLLEGES AND SCHOOLS OF PHARMACY. THE ASSOCIATION SEEKS TO PROVIDE LEADERSHIP IN ADVANCING AND ENHANCING THE QUALITY OF EDUCATION AND TRAINING IN ITS MEMBER INSTITUTIONS.
    Expenses $1,249,139 · grants $3,695 · revenue $4,456,134
  • EDUCATION SCHOLAR AND OTHER PROGRAMS
    Expenses $3,691,158 · grants $475,472 · revenue $94,294

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 June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
36-2376972
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
1975
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Health care (E66Z)
Assets (IRS master file)
$13,650,560
Income (IRS master file)
$13,668,178

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$11,957,546$13,128,468$13,650,560XML
990June 2024$11,046,261$12,384,193$14,578,846XML
990June 2023$11,309,569$12,004,446$14,813,125XML
990June 2022$11,822,520$10,698,101$14,816,007IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 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 36-2376972).

Questions about AMERICAN ASSOCIATION OF COLLEGES OF PHARMACY

What is the EIN of AMERICAN ASSOCIATION OF COLLEGES OF PHARMACY?
The employer identification number (EIN) of AMERICAN ASSOCIATION OF COLLEGES OF PHARMACY is 36-2376972.
Is AMERICAN ASSOCIATION OF COLLEGES OF PHARMACY tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1975.
Are donations to AMERICAN ASSOCIATION OF COLLEGES OF PHARMACY tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does AMERICAN ASSOCIATION OF COLLEGES OF PHARMACY 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 AMERICAN ASSOCIATION OF COLLEGES OF PHARMACY due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did AMERICAN ASSOCIATION OF COLLEGES OF PHARMACY last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of AMERICAN ASSOCIATION OF COLLEGES OF PHARMACY?
The 990 for the year ended June 30, 2025 names LEE C VERMEULEN JR.
Who are the officers and directors of AMERICAN ASSOCIATION OF COLLEGES OF PHARMACY?
The 990 for the year ended June 30, 2025 lists 24 people; 10 received compensation from the organization, the highest $351,300 (LEE C VERMEULEN JR, EVP & CEO).
How much revenue does AMERICAN ASSOCIATION OF COLLEGES OF PHARMACY have?
On its 990 for the year ended June 30, 2025 it reported revenue of $11,957,546, expenses of $13,128,468 and total assets of $13,650,560 at year end.

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