Cause IQ organization profile

AbbVie Patient Assistance Foundation

Form 990s | Financials | Vendors | Personnel | Peers

AbbVie Patient Assistance Foundation is a health finance organization based in North Chicago, IL that was founded in 2008. As of 2016 they had $1.0 billion in revenue and $52 million in assets.

The AbbVie Patient Assistance Foundation believes that people who need AbbVie medicines should be able to get them. The Foundation provides AbbVie medicines at no cost to people experiencing financial difficulties.

EIN:

26-1215559

City:

North Chicago

State:

Illinois

Metro:

Chicago-Naperville-Elgin, IL-IN-WI

Website:

abbviepaf.org

Phone:

800-222-6885

Founded:

2008

Type:

501(c)(3)

NTEE:

E83: Health care financing and insurance organizations

Revenue:

$1,032,693,186

Assets:

$52,915,068

Fiscal year end:

December

Revenue trends:

Asset trends:

Form 990s for AbbVie Patient Assistance Foundation

Fiscal year ending	Date received by IRS	Form	PDF link
2018-12	Jun 24, 2019	990PF	View PDF
2016-12	May 25, 2017	990PF	View PDF
2015-12	Jun 6, 2016	990PF	View PDF
2014-12	May 27, 2015	990PF	View PDF
2013-12	May 29, 2014	990PF	View PDF
...and two more Form 990 PDFs

Financials for AbbVie Patient Assistance Foundation

Field	2015	2014	% Change
Total grants, contributions, etc.	$1,032,693,186	$857,122,356	20.5%
Investment income and dividends	$0	$0
Net rental income	$0	$0
Net gain from sale of non-inventory assets		$0
Gross sales of inventory	$0	$0
Miscellaneous revenues	$0	$0
Total revenues	$1,032,693,186	$857,122,356	20.5%

Field	2015	2014	% Change
Compensation of current officers, etc.	$0	$0
Non-officer salaries and wages	$0	$0
Pension/retirement accruals and contributions	$0	$0
Legal fees	$0	$0
Accounting fees	$0	$0
Other fee-for-service	$0	$0
Interest	$0	$0
Depreciation, amortization, etc.	$0	$0
Occupancy	$0	$0
Travel	$0	$0
Office expenses
Grants to all govts., orgs., and individuals	$1,024,906,215	$853,356,401	20.1%
All other expenses	$2,554,721	$4,143,166	-38.3%
Total expenses	$1,027,460,936	$857,499,567	19.8%

Field	2015	2014	% Change
Cash (non-interest-bearing)	$1,433,054	$5,478,020	-73.8%
Savings, short-term investments, etc.	$0	$0
Accounts receivable	$0	$0
Pledges and grants receivable	$0	$0
Loans receivable from officers, directors, etc.	$0	$0
Notes and loans receivable	$0	$0
Inventories for use	$51,482,014	$47,793,138	7.7%
Prepaid expenses and deferred charges	$0	$0
Investments in government obligations	$0	$0
Investments in corporate stock	$0	$0
Investments in corporate bonds	$0	$0
Investments in land, buildings, and equipment	$0	$0
Investments in mortgage loans	$0	$0
Other types of investments	$0	$0
Buildings, equipment, etc. post-depreciation	$0	$0
Other assets	$0	$0
Total assets	$52,915,068	$53,271,158	-0.7%

Field	2015	2014	% Change
Accounts payable and accrued expenses	$420,666	$399,545	5.3%
Grants payable	$0	$0
Deferred revenue	$0	$0
Loans payable to officers and disqualified persons	$0	$0
Secured mortgages and notes payable to unrelated third parties	$0	$0
Other liabilities	$0	$0
Total liabilities	$420,666	$399,545	5.3%

Vendors for AbbVie Patient Assistance Foundation

Vendor	Services	Amount paid	Date
Cliptonlarsonallen LLP	Tax accounting		2015-05-27

Personnel at AbbVie Patient Assistance Foundation

Name	Title	Compensation	Most recent data
Richard A. Gonzalez	Chairman of the Board and Chief Executive Officer	-	Sept. 5, 2019
Robert A. Michael	Executive Vice President, Chief Financial Officer	-	Sept. 5, 2019
███████ ██ ████████	Executive Vice President, Chief Human Resources Officer	-	Sept. 5, 2019
█████ ██ █████████	Executive Vice President, Chief Strategy Officer	-	Sept. 5, 2019
██████ █████	Vice Chairman, Chief Commercial Officer	-	Sept. 5, 2019
█████ ██ ██████████	Vice Chairman, External Affairs and Chief Legal Officer	-	Sept. 5, 2019
█████ ████████████████ █████	Executive Vice President, Operations	-	Sept. 5, 2019

Peer health care financing and insurance organizations

	Name	Type	Revenue	Location
1	Johnson and Johnson Patient Assistance Foundation	501(c)(3)	$1.7 billion	New Brunswick, NJ
2	Pfizer Patient Assistance Foundation	501(c)(3)	$1.1 billion	New York, NY
3	Novartis Patient Assistance Foundation (NPAF)	501(c)(3)	$1.3 billion	East Hanover, NJ
4	Merck Patient Assistance Program	501(c)(3)	$1.2 billion	Kenilworth, NJ
5	Boehringer Ingelheim GmbH	501(c)(3)	$544 million	Ridgefield, CT
6	Lilly Cares Foundation	501(c)(3)	$827 million	Indianapolis, IN
7	Sanofi Foundation for North America	501(c)(3)	$581 million	Bridgewater, NJ
8	Bristol-Myers Squibb Patient Assistance Foundation (BMSPAF)	501(c)(3)	$1.0 billion	Lawrenceville, NJ
9	Amgen Safety Net Foundation	501(c)(3)	$1.1 billion	Thousand Oaks, CA
10	Elderplan	501(c)(3)	$1.0 billion	Brooklyn, NY
11	CareSource Management Group Co	501(c)(3)	$1.4 billion	Dayton, OH
12	Optima Health	501(c)(3)	$1.4 billion	Norfolk, VA
13	HealthWell Foundation	501(c)(3)	$437 million	Germantown, MD
14	Scripps Health Plan Services (SHPS)	501(c)(3)	$684 million	San Diego, CA
15	Harvard Pilgrim Health Care	501(c)(3)	$1.9 billion	Wellesley, MA
16	CareSource Indiana	501(c)(3)	$795 million	Indianapolis, IN
17	CareSource Kentucky Co	501(c)(3)	$278 million	Louisville, KY
18	Boston Medical Center HealthNet Plan	501(c)(3)	$2.0 billion	Charlestown, MA
19	Fallon Health	501(c)(3)	$1.5 billion	Worcester, MA
20	CareOregon	501(c)(3)	$1.1 billion	Portland, OR
21	FOJP Service Corporation	501(c)(3)	$305 million	New York, NY
22	Neighborhood Health Plan of Rhode Island (NHPRI)	501(c)(3)	$1.3 billion	Smithfield, RI
23	Group Health Plan	501(c)(3)	$1.9 billion	Minneapolis, MN
24	MetroPlus Health Plan	501(c)(3)	$2.9 billion	New York, NY
25	Group Health Cooperative of South Central Wisconsin (GHC-SCW)	501(c)(3)	$417 million	Madison, WI

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Cause IQ organization profile

AbbVie Patient Assistance Foundation

Form 990s for AbbVie Patient Assistance Foundation

Financials for AbbVie Patient Assistance Foundation

Vendors for AbbVie Patient Assistance Foundation

Personnel at AbbVie Patient Assistance Foundation

Peer health care financing and insurance organizations

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