Nonprofit · EIN 52-2252820
ASSOCIATION FOR ACCESSIBLE MEDICINES
Tax-exempt · WASHINGTON, DC 20001
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $21,539,161 | $18,292,566 | $3,246,595 | $22,475,133 | $7,732,655 | $14,742,478 |
| December 31, 2023 | 990 | $22,235,390 | $17,948,853 | $4,286,537 | $23,610,075 | $12,114,192 | $11,495,883 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $20,025,808
- Investment income
- $1,107,258
- Net rental income
- $390,635
- Other revenue
- $406,095
Expenses
- Grants and similar amounts paid
- $184,500
- Compensation of officers, directors and key employees
- $1,388,576
- Other salaries and wages
- $4,953,651
- Salaries, compensation and benefits (total)
- $7,223,679
- Professional fundraising fees
- $0
- Legal fees
- $1,155,003
- Accounting fees
- $131,912
- Occupancy
- $1,259,722
- Travel
- $172,079
- Depreciation
- $236,494
Balance sheet and other
- Total assets, start of year
- $23,610,075
- Total assets, end of year
- $22,475,133
- Total liabilities, end of year
- $7,732,655
- Net assets, end of year
- $14,742,478
- Land, buildings and equipment
- $612,124
- Net assets without donor restrictions
- $14,742,478
- Gross receipts
- $21,539,161
- Employees
- 24
- Volunteers
- 200
- Year formed
- 2000
- 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.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| DAVID GAUGH | INTERIM PRESIDENT & CEO / EXEC VP Officer | 40 | $722,230 | $52,704 |
| CRAIG BURTON | SVP, POLICY & STRATEGIC ALLIANCES Highest-paid employee | 40 | $455,119 | $55,723 |
| KARIN HESSLER | GENERAL COUNSEL AND SECRETARY Officer | 40 | $457,889 | $38,274 |
| GIUSEPPE RANDAZZO | SVP, SCIENCES & REGULATORY AFFAIRS Highest-paid employee | 40 | $446,188 | $28,963 |
| KATHERINE RAAB | VP, FGA Highest-paid employee | 40 | $400,495 | $46,452 |
| BRIAN HART | VP, COMMUNICATIONS Highest-paid employee | 40 | $330,616 | $37,591 |
| RACHELLE KOSKY | CONTROLLER Highest-paid employee | 40 | $278,894 | $31,449 |
| JOHN MURPHY III | PRESIDENT AND CEO Officer | 40 | $111,403 | $6,076 |
| KEREN HARUVI | BOARD CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| BOB HOFFMAN | BOARD VICE CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| JEFF BURD | BOARD TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| ROB ALBERT | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| CHRISTINE BAEDER | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| DAN DISCHNER | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| MATT ERICK | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
20 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MARC FALKIN | BOARD MEMBER Trustee or director | 2 | $0 |
| KEVIN FORTIER | BOARD MEMBER Trustee or director | 2 | $0 |
| GRETCHEN FRITZ | BOARD MEMBER Trustee or director | 2 | $0 |
| HAFRUN FRIDRIKSDOTTIR | BOARD MEMBER Trustee or director | 2 | $0 |
| ABHAY GANDHI | BOARD MEMBER Trustee or director | 2 | $0 |
| SANJAY GUPTA | BOARD MEMBER Trustee or director | 2 | $0 |
| MILAN KALAWADIA | BOARD MEMBER Trustee or director | 2 | $0 |
| MARC KIKUCHI | BOARD MEMBER Trustee or director | 2 | $0 |
| EMILY KING | BOARD MEMBER Trustee or director | 2 | $0 |
| BRIAN MCCORMICK | BOARD MEMBER Trustee or director | 2 | $0 |
| PAUL MCMAHON | BOARD MEMBER Trustee or director | 2 | $0 |
| PUNIT PATEL | BOARD MEMBER Trustee or director | 2 | $0 |
| BRANDON ROCKWELL | BOARD MEMBER Trustee or director | 2 | $0 |
| VEERAPPAN SUBRAMANIAN | BOARD MEMBER Trustee or director | 2 | $0 |
| MARYLL TOUFANIAN | BOARD MEMBER Trustee or director | 2 | $0 |
| ARUN VERMA | BOARD MEMBER Trustee or director | 2 | $0 |
| VICTORIA WOHLFIEL CHERRY | BOARD MEMBER Trustee or director | 2 | $0 |
| CHRYS KOKINO | BOARD MEMBER Trustee or director | 2 | $0 |
| JOHN DUCKER | BOARD MEMBER Trustee or director | 2 | $0 |
| PAT MCINTOSH | BOARD MEMBER Trustee or director | 2 | $0 |
990 for the year ended December 31, 2023: 36 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| DAVID GAUGH | INTERIM PRESIDENT & CEO Officer | 40 | $750,530 | $49,546 |
| CRAIG BURTON | SVP POLICY & STRATEGIC ALL Highest-paid employee | 40 | $441,340 | $52,881 |
| KARIN HESSLER | GENERAL COUNSEL AND SECRETARY Officer | 40 | $442,521 | $36,514 |
| GIUSEPPE RANDAZZO | SVP, SCIENCE AND REGULATORY AFFAIRS Highest-paid employee | 40 | $420,617 | $16,012 |
| DAN LEONARD | FORMER PRESIDENT & CEO Former | 0 | $413,527 | $0 |
| KATHERINE RAAB | VP FEDERAL GOVERNMENT AFFAIRS Highest-paid employee | 40 | $342,323 | $41,846 |
| ALLEN GOLDBERG | SVP, COMMUNICATIONS Former | 40 | $301,083 | $15,028 |
| ERIK KOMENDANT | SVP GOVERNMENT AFFAIRS Former | 40 | $260,869 | $11,724 |
| JOANNE DUNCAN | FORMER COO Former | 0 | $114,750 | $0 |
| CHRYS KOKINO | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| JEFF BURD | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| GRETCHEN FRITZ | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| MARYLL TOUFANIAN | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| DAN DISHNER | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| CHRISTINE BAEDER | CHAIR 2/2023-12/2023 Trustee or director, Officer | 2 | $0 | $0 |
| PAUL MCMAHON | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| ROB ALBERT | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| ARUNESH VERMA | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| JOHN DUCKER | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| SANJEEV KRISHAN | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| BRIAN HOFFMAN | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| TOM SHEA | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| BRANDON ROCKWELL | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| KEREN HARUVI | CHAIR BEGINNING 12/2023 Trustee or director, Officer | 2 | $0 | $0 |
| ABHAY GANDHI | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| PATRICK MCINTOSH | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| SANJAY GUPTA | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| CRYSTAL FISHER | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| KEVIN FORTIER | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| BOB HOFFMAN | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| JEFF HAMPTON | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| PAUL DIOLOSA | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| PETER HARDWICK | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| VANESSA BRILL | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| PETER KAEMMERER | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| CHIRAG PATEL | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 601 NEW JERSEY AVE NW STE 850, WASHINGTON, DC 20001-3051
- Principal officer (990 for 2024)
- JOHN MURPHY III, 601 NEW JERSEY AVENUE NW 850, WASHINGTON, DC 20001
- Signed the 990
- JOHN A MURPHY III, PRESIDENT AND CEO
- Phone
- (202) 249-7100
- Website
- WWW.ACCESSIBLEMEDS.ORG
- Return prepared by
- COUNCILOR BUCHANAN & MITCHELL PC
Mission
THE ORGANIZATION FOSTERS AND PROMOTES THE INTERESTS OF THE GENERIC PHARMACEUTICAL AND BIOSIMILARS INDUSTRY.
Program accomplishments
- GOVERNMENT AFFAIRS - ADVOCATE ON BEHALF OF THE GENERIC PHARMACEUTICAL AND BIOSIMILARS INDUSTRY WITH RESPECT TO FEDERAL, STATE, AND MUNICIPAL RULES, LAWS, AND ORDERS AFFECTING THE INDUSTRY.
- POLICY & STRATEGIC ALLIANCES - IDENTIFY POLICY ISSUES AFFECTING THE GENERIC PHARMACEUTICAL AND BIOSIMILARS INDUSTRIES AND FACILITATE DEVELOPMENT OF POLICY POSITIONS AMONG OUR MEMBER COMPANIES; WORK WITH THE AGENCIES OF THE U.S. GOVERNMENT, AND STATE AND INTERNATIONAL BODIES TO EDUCATE AND COMMUNICATE POLICY POSITIONS ON STRATEGIC PRIORITIES; DEVELOP DATA TO SUPPORT ADVOCACY INITIATIVES AND PUBLISH WHITE PAPERS, REPORTS AND OTHER POLICY RESOURCES; BUILD RELATIONSHIPS WITH THIRD-PARTY STAKEHOLDERS ACROSS SUPPLY CHAIN, PATIENT, PROVIDER, CONSUMER, AND OTHER SECTORS TO SUPPORT ADVOCACY INITIATIVES.
- COMMUNICATIONS & MARKETING - EDUCATING POLICYMAKERS, MEDIA, PATIENTS AND OTHER STAKEHOLDERS ABOUT THE ECONOMIC AND THERAPEUTIC CONTRIBUTIONS OF GENERIC AND BIOSIMILARS MEDICINES AS WELL AS THEIR SAFETY AND EFFICACY; PRODUCING AND SHARING PATIENT AND TAXPAYER SAVINGS DATA AND STORIES OF PATIENTS WHOSE HEALTH IS SAVED, IMPROVED AND MAINTAINED BY GENERIC AND BIOSIMILARS MEDICINES; DISSEMINATING INSTRUCTIONAL MATERIALS AND CURRICULUM TO PROMOTE THE SAFE USE, STORAGE AND DISPOSAL OF PRESCRIPTION MEDICINES.
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
- 52-2252820
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 2000
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S41)
- Assets (IRS master file)
- $22,475,133
- Income (IRS master file)
- $21,539,161
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $21,539,161 | $18,292,566 | $22,475,133 | IRS |
| 990 | December 2023 | $22,235,390 | $17,948,853 | $23,610,075 | XML |
| 990 | December 2022 | $22,662,006 | $24,851,441 | $27,489,220 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | 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 52-2252820).
Questions about ASSOCIATION FOR ACCESSIBLE MEDICINES
- What is the EIN of ASSOCIATION FOR ACCESSIBLE MEDICINES?
- The employer identification number (EIN) of ASSOCIATION FOR ACCESSIBLE MEDICINES is 52-2252820.
- Is ASSOCIATION FOR ACCESSIBLE MEDICINES tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 2000.
- Are donations to ASSOCIATION FOR ACCESSIBLE MEDICINES tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does ASSOCIATION FOR ACCESSIBLE MEDICINES 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 FOR ACCESSIBLE MEDICINES 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 FOR ACCESSIBLE MEDICINES 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 FOR ACCESSIBLE MEDICINES?
- The 990 for the year ended December 31, 2024 names JOHN MURPHY III.
- Who are the officers and directors of ASSOCIATION FOR ACCESSIBLE MEDICINES?
- The 990 for the year ended December 31, 2024 lists 35 people; 8 received compensation from the organization, the highest $722,230 (DAVID GAUGH, INTERIM PRESIDENT & CEO / EXEC VP).
- How much revenue does ASSOCIATION FOR ACCESSIBLE MEDICINES have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $21,539,161, expenses of $18,292,566 and total assets of $22,475,133 at year end.
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