EIN 20-5913680

340B Health

IRS 501(c) type
501(c)(6)
Num. employees
31
Year formed
2006
Most recent tax filings
2022-12-01
NTEE code, primary
Description
A nation where hospitals and health systems can continue to fulfill their mission to provide care for patients regardless of their ability to pay. Be the leading advocate and resource for 340B hospitals and their clinicians.
Also known as...
Safety Net Hospitals for Pharmaceutical Access
Total revenues
$13,814,777
2022
Total expenses
$10,968,686
2022
Total assets
$24,919,877
2022
Num. employees
31
2022

Program areas at 340B Health

Education - 340b Health helps hospitals, Health systems, pharmacies, and others understand the requirements of 340b and help them comply with its rules and regulations. 340b Health provides education through two annual national conferences, a webinar series, and online tools and resources. 340b Health also provides one-on-one technical assistance, upon members' requests. 340b Health works to keep its members and stakeholders informed about legislative and regulatory changes to 340b via various electronic communications and the www.340bhealth.org website. 340b Health organizes the 340b coalition's annual winter and summer conferences (www.340bwinterconference.org and www.340bsummerconference.org) featuring discussions about compliance, other operational matters, public policy, and related activity.
Advocacy - 340b Health works with and on behalf of our members to represent their interests and concerns before the congress, the executive branch, the courts, and state legislatures to help policymakers understand the 340b drug pricing program's requirements, value, and role in advancing healthy patients and communities. 340b Health conducts independent research regarding the impact and effectiveness of 340b and works with its members to create profiles of how 340b savings are used to improve patient care and cover the cost of uncompensated and unreimbursed patient care. 340b Health advocates for changes in policy necessary to improve 340b and its impact. 340b Health provides member hospitals with information to help identify best practices in compliance and program development...see schedule ocontinued from page 2...our "340b exchange" allows hospitals to discuss emerging trends, concerns, and ideas. Research helps identify examples of how hospitals are addressing such key areas as social determinants of Health, pursuit of Health equity, and approaches to prevention of the misuse of opioids.

Personnel at 340B Health

NameTitleCompensation
Maureen TestoniPresident and Chief Executive Officer$636,870
Patrick McGarySenior Vice President Operations$254,857
Richard SorianSenior Vice President , Communications$321,674
Caroline SteinbergVice President of Research and Policy$234,053
Christopher CrosswhiteSenior Vice President Legal and Policy$261,448
...and 16 more key personnel

Financials for 340B Health

RevenuesFYE 12/2022
Total grants, contributions, etc.$317,290
Program services$12,704,383
Investment income and dividends$549,337
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$243,767
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$13,814,777

Form 990s for 340B Health

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-13990View PDF
2021-122022-11-08990View PDF
2020-122021-11-15990View PDF
2018-122020-02-01990View PDF
2017-122019-02-21990View PDF
...and 8 more Form 990s
Data update history
December 25, 2023
Posted financials
Added Form 990 for fiscal year 2022
December 24, 2023
Updated personnel
Identified 5 new personnel
December 23, 2023
Used new vendors
Identified 5 new vendors, including , , , , and
July 15, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 5, 2023
Updated personnel
Identified 5 new personnel
Nonprofit Types
Trade associationsBusiness and community development organizationsHeadquarter / parent organizations
Issues
HealthBusiness and industry
Characteristics
MembershipsPolitical advocacy
General information
Address
1101 15th St NW 910
Washington, DC 20005
Metro area
Washington-Arlington-Alexandria, DC-VA-MD-WV
Website URL
340bhealth.org:443/ 
Phone
(202) 552-5850
Facebook page
340BHealth 
Twitter profile
@340bhealth 
IRS details
EIN
20-5913680
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2006
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
S41: Promotion of Business
NAICS code, primary
813910: Trade Associations
Parent/child status
Central organization
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