Senior Care Pharmacy Coalition
Nonprofit profile at a glance
- EIN
- 471924170
- IRS 990 coverage
- 2017–2024
- Forms available
- Form 990 2024, Form 990-N 2016
- Location
- Washington, DC, USA
- Phone
- 2025341783
- Rating confidence
- Limited
Reported finances
- Revenue
- $3,680,497
- Expenses
- $3,980,843
- Assets
- $1,308,799
- Liabilities
- $1,406,020
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
22 people listed
Highest reported compensation
- Alan Rosenbloom (Ex Officio): $783,508 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The Senior Care Pharmacy Coalition (SCPC) is a non-profit advocacy organization based in Washington, D.C dedicated to representing the exclusive legislative and regulatory interests of independent Long Term Care (LTC) pharmacies and the vulnerable patients they serve.
What it reported doing in 2024
In 2022, SCPC's accomplishments included: 1. Worked with Members of Congress and the Administration to introduce and enact legislation in both chambers of Congress to create a statutory definition of Long-Term Care Pharmacy. 2. Prepared and submitted comments to the Federal Trade Commission in response to its solicitation for public comment regarding the business practices of pharmacy benefit managers (PBMs) and their impact on independent pharmacies and consumers.(Contined on Schedule O) 2. (continued) Continued engagement with the agency regarding its subsequent market study of PBMs and possible violations of the antitrust and consumer protection laws. Worked with Members of Congress on legislation to abusive and anticompetitive PBM business practices. 3. Partnered with ATI Advisory on research and analysis pertaining to the demographics of Medicare beneficiaries who need long-term care. 4. Prepared and submitted comments to various federal agencies in response to proposals regarding Medicare funding for skilled nursing facilities, Medicare standards for Part D Prescription Drug Plans, and requirements for LTC pharmacies regarding opioid control. 5. Held largest annual Business Partners Summit in the organization's history.
Operating model
- Revenue model
- Earned-program. 99% of the money available for current operations came from fees and other program 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 verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 74
- Accountability: 66
- Sustainability: 12
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: 1 of 6 controls in place; rating input score 17
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 95.5%; rating input score 95; 26th percentile among comparable filings
- Governance controls: 2 of 8 controls in place; rating input score 25
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -8.2%; rating input score 15; 15th percentile among comparable filings
- Total-asset coverage ratio: 0.33; rating input score 10; 10th percentile among comparable filings
- Liabilities to assets ratio: 1.07; rating input score 4; 4th percentile among comparable filings
- Officer compensation ratio: 19.7%; rating input score 13; 13th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 5.2% per year; rating input score 100; 43rd percentile among comparable filings
- Asset growth: -10.2% per year; rating input score 0; 2nd percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: 21 of 22 board members independent · 2 of 8 filing controls reported
- Programs: 1 filed program accomplishment
- Leadership: top reported pay $784K · 22 people listed · 1 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $1.9M reported
- Consistency: 10 of 10 current checks pass
- Schedules: 6 filed schedules · includes major donors and executive pay
- Filing history: 7 filing years from 2017 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: 1 filed related-organization link
- 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 — Accountability: Governance controls: 5 of 7 not reported.
- High — Sustainability: Operating margin scored 15/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 10/100.
- High — Sustainability: Liabilities to assets ratio scored 4/100.
- High — Sustainability: Officer compensation ratio scored 13/100.