NonprofitsIowa Prescription Drug Corporation

Health Care

Iowa Prescription Drug Corporation

GRIMES, IA

Total revenue

$22.2M

Total expenses

$23.5M

Net assets

$16.9M

Grants received

$1.5M

16 grants

EIN

421518875

Tax year

2023

Mission

To serve the prescription needs of medically underserved populations through responsible collection and distribution of donated medicines.

Programs

1 program

Charitable pharmacy - the purpose of this program is to provide pharmacy services to underserved patients that cannot afford needed drug therapies. The charitable pharmacy fills prescriptions from an inventory of donated medicine received from the drug donation repository.

Expenses: $152K

Financials

FY 2023

Revenue

Contributions & grants$22.1M
Program service revenue$38K
Investment income$11K
Other revenue
Total revenue$22.2M

Expenses

Grants paid
Salaries & benefits$647K
Fundraising
Other expenses$22.8M
Total expenses$23.5M
Total assets$17.5M
Net assets$16.9M

People

15 listed

NameRoleCompensation

JON ROSMANN

CEO

Board

$164K

40 hrs/wk

M CHRISTINE NEWELL

VICE-PRESIDE

Board

1.5 hrs/wk

RAYMOND MEISTER

TREASURER

Board

1.5 hrs/wk

GARY GOODHALL

SECRETARY

Board

1.5 hrs/wk

RENAE CHESNUT

BOARD MEMBER

Board

1 hrs/wk

DENNIS FOLDEN

BOARD MEMBER

Board

1 hrs/wk

MAUREEN KEEHNLE

BOARD MEMBER

Board

1 hrs/wk

BERNARD SOROFMAN

PRESIDENT

Board

1.5 hrs/wk

STEVE MULLENIX

BOARD MEMBER

Board

1 hrs/wk

SID RAMSEY

BOARD MEMEBR

Board

1 hrs/wk

JOSHUA REHMANN

BOARD MEMBER

Board

1 hrs/wk

JENNIFER PIELSTICKER STEGER

BOARD MEMEBR

Board

1 hrs/wk

FARAH TOWFIC

BOARD MEMEBR

Board

1 hrs/wk

CHAD WORZ

BOARD MEMEBR

Board

1 hrs/wk

EDWIN MCINTOSH

BOARD MEMBER

Board

1 hrs/wk

Grants received

Showing 16 of 16

FromAmountPurposeYear
$50K
SUPPORT A CERTIFIED PHARMACY TECHNICIAN TO STAFF THE DRUG DONATION REPOSITORY AND CHARITABLE PHARMACY IN ORDER TO PREPARE DONATED MEDICINE FOR STATEWIDE DISTRIBUTION.
2024
$10K
SAFENETRX - WHERE DONATED MEDICINE CHANGES LIVES
2024
$120K
ON-GOING
2020
$120K
ON-GOING
2020
$10K
SUPPORT TO US CLINICS & HEALTH CENTERS FOR LOW-INCOME, UNINSURED PATIENTS
2020
$10K
SUPPORT TO US CLINICS & HEALTH CENTERS FOR LOW-INCOME, UNINSURED PATIENTS
2020
$186K
ON-GOING
2019
$77K
SUPPORT TO US CLINICS & HEALTH CENTERS FOR LOW-INCOME, UNINSURED PATIENTS
2019
$405K
ON-GOING
2018
$172K
ON-GOING
2017
$9K
SUPPORT TO US CLINICS & HEALTH CENTERS FOR LOW-INCOME, UNINSURED PATIENTS
2017

Funded by

$1.5M from 4 funders · 16 grants · 2017–2024

Americares Foundation Inc

$1.3M · 10 grants · 2017–2023

Direct Relief

$106K · 4 grants · 2017–2020

Ucare Foundation

$50K · 1 grant · 2024

Details

EIN421518875
NTEE codeE80
Subsection03
Ruling date2003-04
Formed2001
Employees15
Volunteers34
IOWA PRESCRIPTION DRUG CORPORATION — Mission, Financials & Grants Received | Grantivo