Nonprofit · EIN 39-0714490
PHARMACY SOCIETY OF WISCONSIN INC
Tax-exempt · MADISON, WI 53717
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $2,089,495 | $2,195,452 | -$105,957 | $4,451,351 | $629,663 | $3,821,688 |
| December 31, 2023 | 990 | $2,147,879 | $2,349,410 | -$201,531 | $4,411,208 | $639,154 | $3,772,054 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $323,848
- of which government grants
- $264,611
- Program service revenue
- $1,536,341
- Investment income
- $187,586
- Net gain from sales of assets
- $16,324
- Net income from sales of inventory
- $6,336
- Other revenue
- $41,720
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $274,109
- Other salaries and wages
- $1,036,142
- Salaries, compensation and benefits (total)
- $1,493,705
- Professional fundraising fees
- $0
- Accounting fees
- $17,474
- Occupancy
- $20,903
- Travel
- $8,329
- Depreciation
- $48,173
Balance sheet and other
- Total assets, start of year
- $4,411,208
- Total assets, end of year
- $4,451,351
- Total liabilities, end of year
- $629,663
- Net assets, end of year
- $3,821,688
- Land, buildings and equipment
- $755,093
- Publicly traded securities
- $3,097,399
- Net assets without donor restrictions
- $3,821,688
- Gross unrelated business income
- $35,384
- Gross receipts
- $2,173,171
- Employees
- 12
- Volunteers
- 25
- Year formed
- 1881
- State of legal domicile
- WI
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 |
|---|---|---|---|---|
| SARAH SORUM | EXECUTIVE VICE PRESIDENT & CEO Officer | 40 | $238,489 | $35,620 |
| KATHERINE HARTKOPF | DIRECTOR OF TEAM-BASED CARE STRATEGIES & BUS DEV Highest-paid employee | 40 | $151,126 | $21,200 |
| SARAH PAGENKOPF | DIR, PROFESSIONAL & EDUCATIONAL SERVICES Highest-paid employee | 40 | $163,014 | $5,576 |
| DANIELLE WOMACK | VP, PUBLIC POLICY & ADVOCACY Highest-paid employee | 40 | $129,526 | $3,771 |
| KARI TRAPSKIN | SR VP, PRACTICE TRANSFORMATION Highest-paid employee | 32 | $129,434 | $3,769 |
| RYAN MILLER | PRESIDENT (FROM SEPTEMBER) Trustee or director, Officer | 1 | $0 | $0 |
| NICOLE SCHREINER | PRESIDENT ELECT (FROM AUGUST) Trustee or director, Officer | 1 | $0 | $0 |
| HANNET TIBAGWA AMBORD | CHAIR (FROM SEPT) Trustee or director, Officer | 1 | $0 | $0 |
| JANET FRITSCH | CHAIR (THRU AUGUST) Trustee or director, Officer | 1 | $0 | $0 |
| NICHOLAS LADELL | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| BRIAN WITTENBERG | TECHNICIAN SECTION PRESIDENT (FROM AUGUST) Trustee or director | 1 | $0 | $0 |
| AMANDA LEIMAN | TECHNICIAN SECTION PRESIDENT (THRU AUG) Trustee or director | 1 | $0 | $0 |
| ANDREA MAIER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ANDREW WILCOX | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MATTHEW MCGOWAN | DIRECTOR Trustee or director | 1 | $0 | $0 |
9 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DAVID SCHIEK | DIRECTOR Trustee or director | 1 | $0 |
| DIANE ERDMAN | DIRECTOR Trustee or director | 1 | $0 |
| JESSICA MOSCHEA | DIRECTOR Trustee or director | 1 | $0 |
| JOHN MUCHKA | DIRECTOR Trustee or director | 1 | $0 |
| JULIE THIEL | DIRECTOR Trustee or director | 1 | $0 |
| MEGAN OSE | DIRECTOR Trustee or director | 1 | $0 |
| SIRR GRICE | DIRECTOR Trustee or director | 1 | $0 |
| WILLIAM PEPPARD | DIRECTOR Trustee or director | 1 | $0 |
| ADAM GREGG | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 26 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| SARAH SORUM | EXECUTIVE VICE PRESIDENT & CEO/SECRETARY Officer | 40 | $327,326 | $33,241 |
| SARAH PAGENKOPF | DIR, PROFESSIONAL & EDUCATIONAL SVS Highest-paid employee | 40 | $157,072 | $5,054 |
| DANIELLE WOMACK | VP, PUBLIC POLICY & ADVOCACY Highest-paid employee | 40 | $124,544 | $3,626 |
| KARI TRAPSKIN | SR VP, PRACTICE TRANSFORMATION Highest-paid employee | 32 | $124,455 | $3,623 |
| KATHERINE HARTKOPF | DIRECTOR OF TEAM-BASED CARE STRATEGIES & BUS DEV Highest-paid employee | 40 | $110,752 | $10,188 |
| ADAM GREGG | DIRECTOR Trustee or director | 1 | $0 | $0 |
| AMANDA LEIMAN | TECHNICIAN SECTION PRESIDENT (FROM SEPTEMBER) Trustee or director | 1 | $0 | $0 |
| ANDREA MAIER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ANDREW WILCOX | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ASHLEY HELLERMANN RANKIN | DIRECTOR (THRU AUGUST) Trustee or director | 1 | $0 | $0 |
| DAVID SCHIEK | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DIANE ERDMAN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ELIZABETH VOGEL | TECHNICIAN SECTION PRESIDENT (THRU AUGUST) Trustee or director | 1 | $0 | $0 |
| ELLINA SECKEL | CHAIR (THRU AUGUST) Trustee or director, Officer | 1 | $0 | $0 |
| HANNET TIBAGWA AMBORD | PRESIDENT (FROM SEPTEMBER) Trustee or director, Officer | 1 | $0 | $0 |
| JANET FRITSCH | CHAIR (FROM SEPTEMBER) Trustee or director, Officer | 1 | $0 | $0 |
| JESSICA MOSCHEA | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JOHN MUCHKA | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JULIE THIEL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MEGAN OSE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MICHAEL ENDRIES | DIRECTOR (THRU AUGUST) Trustee or director | 1 | $0 | $0 |
| NICHOLAS LADELL | TREASURER (FROM SEPTEMBER) Trustee or director, Officer | 1 | $0 | $0 |
| RYAN MILLER | PRESIDENT ELECT (FROM SEPTEMBER) Trustee or director, Officer | 1 | $0 | $0 |
| SIRR GRICE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| THADDEUS SCHUMACHER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| WILLIAM PEPPARD | DIRECTOR Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 701 HEARTLAND TRL, MADISON, WI 53717-1916
- Principal officer (990 for 2024)
- SARAH SORUM, 701 HEARTLAND TRL, MADISON, WI 53717
- Signed the 990
- SARAH SORUM, EXECUTIVE VICE PRESIDENT & CEO
- Phone
- (608) 827-9200
- Website
- PSWI.ORG
- Return prepared by
- WEGNER CPAS LLP
Mission
PROVIDE A UNIFIED VOICE, RESOURCES, AND LEADERSHIP TO ADVANCE THE PHARMACY PROFESSION AND IMPROVE THE QUALITY OF MEDICATION USE IN WISCONSIN.
Program accomplishments
- EDUCATION - THE PHARMACY SOCIETY OF WISCONSIN PROVIDES MULTIPLE WAYS FOR PHARMACISTS AND PHARMACY TECHNICIANS TO COMPLETE THEIR REQUIRED CE TRAINING. IN ADDITION TO ONLINE CE COURSES, PSW ALSO OFFERS A WIDE RANGE OF PROFESSIONAL CONFERENCES FOR PHARMACY PROFESSIONALS TO NETWORK AND SHARE IDEAS WITH THEIR COLLEAGUES.
- ADVOCACY - THE PHARMACY SOCIETY OF WISCONSIN IS A LOBBYING ORGANIZATION THAT PROMOTES THE WORK OF PHARMACY PROFESSIONALS AND THE ADVANCEMENT OF PHARMACY PRACTICE TO THE WISCONSIN STATE LEGISLATURE. MEMBERS HAVE THE OPPORTUNITY TO COMMUNICATE WITH THEIR LEGISLATORS BOTH IN-PERSON AND OVER EMAIL.
- RESOURCES - THE PHARMACY SOCIETY OF WISCONSIN HAS COMPILED A LARGE LIBRARY OF PHARMACY RELATED RESOURCES TO ASSIST YOU IN YOUR DAY-TO-DAY PRACTICE AND BEYOND. RESOURCES INCLUDE; TOOLKITS & MANUALS, PRACTICE SPECIFIC INFORMATION, JOB NETWORK AND MUCH MORE.
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
- 39-0714490
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 1941
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $4,451,351
- Income (IRS master file)
- $2,173,171
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $2,089,495 | $2,195,452 | $4,451,351 | XML |
| 990 | December 2023 | $2,147,879 | $2,349,410 | $4,411,208 | XML |
| 990 | December 2022 | $2,218,026 | $2,165,342 | $4,051,415 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | 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 39-0714490).
Questions about PHARMACY SOCIETY OF WISCONSIN INC
- What is the EIN of PHARMACY SOCIETY OF WISCONSIN INC?
- The employer identification number (EIN) of PHARMACY SOCIETY OF WISCONSIN INC is 39-0714490.
- Is PHARMACY SOCIETY OF WISCONSIN INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1941.
- Are donations to PHARMACY SOCIETY OF WISCONSIN INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does PHARMACY SOCIETY OF WISCONSIN 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 PHARMACY SOCIETY OF WISCONSIN 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 PHARMACY SOCIETY OF WISCONSIN 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 PHARMACY SOCIETY OF WISCONSIN INC?
- The 990 for the year ended December 31, 2024 names SARAH SORUM.
- Who are the officers and directors of PHARMACY SOCIETY OF WISCONSIN INC?
- The 990 for the year ended December 31, 2024 lists 24 people; 5 received compensation from the organization, the highest $238,489 (SARAH SORUM, EXECUTIVE VICE PRESIDENT & CEO).
- How much revenue does PHARMACY SOCIETY OF WISCONSIN INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $2,089,495, expenses of $2,195,452 and total assets of $4,451,351 at year end.
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