Cause IQ organization profile

Pharmaceutical Research and Manufacturers of America (PhRMA)

Program areas | Form 990s | Financials | Vendors | Personnel | Peers

PhRMA is a trade / professional association based in Washington, DC that was founded in 1958. As of 2019 they had $459 million in revenue and $186 million in assets.

PhRMA represents the country's leading biopharmaceutical researchers and biotechnology companies. New medicines are an integral part of the health care system, providing doctors and patients with safe and effective treatment options.

EIN:
53-0241211
City:
State:
Metro:
Website:
Phone:
(202) 835-3400
Facebook:
Twitter:
Founded:
1958
Type:
501(c)(6)
NTEE:
Revenue:
$459,096,153
Assets:
$186,814,044
Employees:
276
Fiscal year end:
December
Revenue trends:
Asset trends:

Program areas at PhRMA

Public policy advocacy: Phrma's mission is to conduct effective advocacy for public policies that encourage discovery of important new medicines for patients by biopharmaceutical Research companies. Phrma achieves this mission by working with, and on behalf of, its member companies before governmental and regulatory bodies in the united states and throughout the world in support of pro-patient, pro-innovation policies. Specifically, Phrma advocates for broad patient access to safe and effective medicines through a free market, without government price controls; strong intellectual property incentives; and transparent, efficient regulation and a free flow of information to patients.

General education about biopharmaceutical industry: Phrma disseminates information about biopharmaceutical companies, their products, and their business, scientific and philanthropic activities through a wide range of channels, including profiles, reports, principles, guidelines, fact sheets, policy papers and other resources. These efforts bolster Phrma's ability to educate and inform members of the general public as well as policymakers, the media, patients and others in the health care community about the biopharmaceutical industry and Phrma's public policy activities in particular.

Member services: in representing the country's leading Pharmaceutical Research and biotechnology companies, Phrma provides a forum for member companies to participate in discussions of relevant health care issues and to develop consensus positions on matters of public policy advocacy. Member companies participate in Phrma activities through representation on the board of directors, board-level committees, staff work groups, sections, and task forces. Member company representatives also regularly communicate with Phrma staff.

Form 990s for PhRMA

Fiscal year endingDate received by IRSFormPDF link
2018-12Jan 30, 2020990View PDF
2017-12Dec 22, 2018990View PDF
2016-12Jan 18, 2018990View PDF
2015-12Apr 7, 2017990OView PDF
2014-12Feb 3, 2016990OView PDF
...and five more Form 990 PDFs

Financials for PhRMA

Field2018
Total grants, contributions, etc.$0
Program services$454,820,200
Investment income and dividends$3,096,429
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$1,128,345
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$51,179
Total revenues$459,096,153

Vendors for PhRMA

VendorServicesAmount paidDate
Microsoft ServicesSoftware2020-03-17
███████Marketing software; CRM software; Content management system software2020-03-05
████ ███ █████Tax accounting; Audit accounting2020-01-30
████████████ ████ █████████ ███████Insurance2019-12-31
██████ ███████ ████Insurance2019-12-31
██ ██ ████████ ███ ███████████ ████Insurance agent or broker$1,5462019-12-31
████████ ████ ███ ████████Insurance2019-12-31
███████ ██████████ ███Insurance agent or broker$10,6192019-12-31
...and nine more vendors

Personnel at PhRMA

NameTitleCompensationMost recent data
Dan O'DayChairman and Chief Executive Officer-Oct. 3, 2020
Dr. Antony LoebelPresident and Chief Executive Officer-Oct. 3, 2020
████████ ███████Chairman of the Board and Chief Executive$0Oct. 3, 2020
████ ██████ ████Chief Executive Officer and Member of the Board-Oct. 3, 2020
███████ ██ ███President and Chief Executive Officer$2.2 millionOct. 3, 2020
████ █████Chief Financial Officer , Executive Vice President Administration$495,264Oct. 3, 2020
████████ ██████Senior Vice President , Policy and Research$633,132Oct. 3, 2020
████ ██ ███████ ████Executive Vice President , Policy and Research and Member$1.2 millionOct. 3, 2020
██████ ██████████Executive Vice President , Public Affairs$520,146May 29, 2019
██████ ██████Executive Vice President , Advocacy$762,896May 29, 2019
...and seven more key personnel

Peer trade / professional associations and chambers of commerce

 NameTypeRevenueLocation
1American Petroleum Institute (API)501(c)(6)$234 millionWashington, DC
2Brand USA501(c)(6)$167 millionWashington, DC
3Ces (CEA)501(c)(6)$126 millionArlington, VA
4Freedom Partners501(c)(6)$127 millionArlington, VA
5CFA Institute501(c)(6)$416 millionCharlottesville, VA
6Dairy Management501(c)(6)$159 millionRosemont, IL
7Academy of Motion Picture Arts and Sciences501(c)(6)$147 millionBeverly Hills, CA
8Gsma501(c)(6)$228 millionAtlanta, GA
9Young Presidents' Organization - YPO Gold Us Capital501(c)(6)$129 millionIrving, TX
10National Association of Realtors501(c)(6)$245 millionChicago, IL
11American Federation of Teachers (AFT)501(c)(5)$204 millionWashington, DC
12United States Golf Association (USGA)501(c)(3)$230 millionLiberty Corner, NJ
13Child Care Aware of America501(c)(3)$142 millionArlington, VA
14American Association for Cancer Research501(c)(3)$115 millionPhiladelphia, PA
15PGA Tour501(c)(6)$1.4 billionPonte Vedra Beach, FL
16Aarp501(c)(4)$1.8 billionWashington, DC
17NeighborWorks America501(c)(3)$172 millionWashington, DC
18National Football League Players Association (NFLPA)501(c)(5)$128 millionWashington, DC
19AARP Foundation501(c)(3)$282 millionWashington, DC
20DKT International (DKT)501(c)(3)$210 millionWashington, DC
21Population Services International (PSI)501(c)(3)$529 millionWashington, DC
22National Endowment for Democracy501(c)(3)$197 millionWashington, DC
23Service Employees International Union (SEIU)501(c)(5)$287 millionWashington, DC
24New Venture Fund501(c)(3)$405 millionWashington, DC
25Special Olympics501(c)(3)$135 millionWashington, DC