Michigan Pharmacists Association

Nonprofit profile at a glance

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

21 people listed

MARK GLASPER (CHIEF EXECUTIVE OFFICER): $206,198 total reported compensation
RONALD DEVERS (AGENCY MANAGER): $168,075 total reported compensation
FARAH JALLOUL (PROFESSIONAL DEVELOPMENT DIRECTOR): $158,287 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

To encourage and support its members as professionals responsible for the delivery of patient-focused care.

To advance public health and patient care and the interests of the pharmacy profession. Serves approximately 3,500 participants.

Revenue model: Other-operating. 79% of the money available for current operations came from other operating revenue.
Distribution model: Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
Pay-setting controls: 3 of 6 controls in place; rating input score 50
- Compensation committee: Pass
- Independent consultant: Pass
- Other Form 990s reviewed: Missing
- Written employment contract: Pass
- Compensation survey or study: Missing
- Board or committee approval: Missing
Foreign activity oversight: Limited
Grant itemization coverage: Limited
Major donor itemization: Yes; rating input score 100
Related-party transparency: Limited

Independent voting board: 90%; rating input score 90; 21st percentile among comparable filings
Governance controls: 8 of 9 controls in place; rating input score 89
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Fail

Operating margin: 20.9%; rating input score 78; 78th percentile among comparable filings
Total-asset coverage ratio: 3.28; rating input score 76; 76th percentile among comparable filings
Liabilities to assets ratio: 0.04; rating input score 72; 72nd percentile among comparable filings
Officer compensation ratio: 38%; rating input score 3; 3rd percentile among comparable filings

Program expense growth: Limited
Revenue growth: 1.8% per year; rating input score 100; 19th percentile among comparable filings
Asset growth: 0.7% per year; rating input score 100; 15th percentile among comparable filings

Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
Governance: 9 of 10 board members independent · 8 of 9 filing controls reported
Programs: 1 filed program accomplishment
Leadership: top reported pay $206K · 21 people listed · 3 of 6 pay-setting controls reported
Consistency: 10 of 10 current checks pass
Schedules: 6 filed schedules · includes major donors and executive pay
Filing history: 14 filing years from 2010 to 2024
Contacts: How to reach this organization
Money network: 6 filed money-flow records
Related organizations: 2 filed related-organization links
Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
People: Everyone the filings name, and which of them the filings identify by more than a name.
Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Signals prioritize questions for review. They are not findings of misconduct.

Review — Accountability: Governance controls: Independent financial-statement audit not reported.
High — Sustainability: Officer compensation ratio scored 3/100.