Pharmaceutical Industry Labor-Management Management Association
Nonprofit profile at a glance
- EIN
- 431985339
- IRS 990 coverage
- 2015–2024
- Forms available
- Form 990 2024
- Location
- Columbus, OH, USA
- Phone
- 4194906337
- Rating
- 83
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Chambers of Commerce & Business Leagues
Reported finances
- Revenue
- $3,914,413
- Expenses
- $4,237,489
- Assets
- $291,554
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
28 people listed
People named in this filing
- Adam Brand (TRUSTEE)
- AJ Stokes (Trustee, non voting)
- Anthony Gallagher (TRUSTEE)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The unions and companies of the pharmaceutical industry labor-management association recognize that a strong domestic pharmaceutical industry providing innovative, affordable medicines is vital to the american people and the nation. The us pharmaceutical industry discovers and manufactures medicines that enhance the quality of life and longevity. The us industry is the global leader in scientific research, innovation and manufacturing. The u.s. Industry provides hundreds of thousands of high-paying jobs and contributes over $200 billion to the gross domestic product. At the same time, the association recognizes the need to address issues of mutual interest and concern to the industry, it's workers and all americans, including: access to medicines and affordability of medicines, funding of innovative research and future cures, and maintaining a strong u.s. Industry. The association resolves to: -work together on legislative, regulatory and other key issues affecting the pharmaceutical a
What it reported doing in 2024
Educating the Public about PILMA's Mission and issue advertising to support PILMA's positions.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 97% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 87
- Transparency & Controls: 80
- Accountability: 88
- Sustainability: 30
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 93.4%; rating input score 93
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 88.9%; rating input score 89; 3rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: 71.3%; rating input score 71; 19th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 5 of 7 controls in place; rating input score 71
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -8.3%; rating input score 15; 15th percentile among comparable filings
- Total-asset coverage ratio: 0.07; rating input score 2; 2nd percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 97; 97th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 91; 91st percentile among comparable filings
Growth
- Program expense growth: 10.4% per year; rating input score 100; 65th percentile among comparable filings
- Revenue growth: 10.7% per year; rating input score 100; 71st percentile among comparable filings
- Asset growth: 14% per year; rating input score 100; 72nd percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 93.4% of spending went to programs
- Governance: 24 of 24 board members independent · 5 of 7 filing controls reported
- Programs: 4 filed program accomplishments · $4M in reported program spending
- Leadership: top reported pay $0 · 28 people listed
- Highest-paid contractors: 5 contractors listed · $1.5M reported
- Consistency: 16 of 17 current checks pass · 1 finding to review
- Schedules: 5 filed schedules · includes major donors and grants
- Filing history: 10 filing years from 2015 to 2024
- Contacts: How to reach this organization
- Money network: 5 filed money-flow records
- Related organizations: 5 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.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Sustainability: Operating margin scored 15/100.
- High — Sustainability: Total-asset coverage ratio scored 2/100.
- Review — Accountability: Governance controls: Independent financial-statement audit not reported.
- Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.