EIN 53-0241211

Pharmaceutical Research and Manufacturers of America (PhRMA)

IRS 501(c) type
501(c)(6)
Num. employees
292
Year formed
1958
Most recent tax filings
2021-12-01
NTEE code, primary
Description
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.
Also known as...
Phrma
Total revenues
$609,259,357
2021
Total expenses
$588,810,520
2021
Total assets
$284,877,801
2021
Num. employees
292
2021

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.

Grants made by PhRMA

GranteeGrant descriptionAmount
We Work for HealthGeneral Contribution$11,674,906
RX Abuse Leadership InitiativeGeneral Contribution$7,050,000
Biotechnology Innovation Organization (BIO)General Contribution$2,814,000
...and 378 more grants made totalling $41,546,794

Personnel at PhRMA

NameTitleCompensation
Dan O'DayTreasurer / Chairman and Chief Executive Officer
Dr. Antony LoebelPresident and Chief Executive Officer
Jeff Jonas, M.D.Chief Executive Officer and Member of the Board$0
Stephen J UblPresident and Chief Executive Officer$4,674,371
Lori ReillyExecutive Vice President , Advocacy and Chief Operating Officer / Executive Vice President , Policy and Res; Chief Operating Officer / Executive Vice President , Policy and Research and Member$1,992,587
...and 19 more key personnel

Financials for PhRMA

RevenuesFYE 12/2021
Total grants, contributions, etc.$2,745,000
Program services$603,147,065
Investment income and dividends$2,036,057
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$1,282,238
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$48,997
Total revenues$609,259,357

Form 990s for PhRMA

Fiscal year endingDate received by IRSFormPDF link
2020-122021-11-12990View PDF
2019-122021-06-25990View PDF
2018-122020-01-30990View PDF
2017-122018-12-22990View PDF
2016-122018-01-18990View PDF
...and 7 more Form 990s
Data update history
June 21, 2023
Posted financials
Added Form 990 for fiscal year 2020
June 18, 2023
Updated personnel
Identified 10 new personnel
June 13, 2023
Used new vendors
Identified 1 new vendor, including
May 23, 2023
Used new vendors
Identified 4 new vendors, including , , , and
October 15, 2021
Posted financials
Added Form 990 for fiscal year 2019
Nonprofit Types
Trade associationsBusiness and community development organizationsHeadquarter / parent organizations
Issues
HealthBusiness and industry
Characteristics
MembershipsPolitical advocacyOperates internationallyCommunity engagement / volunteering
General information
Address
950 F St NW Suite 300
Washington, DC 20004
Metro area
Washington-Arlington-Alexandria, DC-VA-MD-WV
County
District of Columbia, DC
Website URL
phrma.org/ 
Phone
(202) 835-3400
Facebook page
PhRMA 
Twitter profile
@phrma 
IRS details
EIN
53-0241211
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1958
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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