Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Aug 2000.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Who runs it and what they're paid
35 people listed on the 990; $3.2M paid to officers and key staff.
David Gaugh’s $722K as Interim President & CEO / Exec VP is at the 90th percentile of top reported officer pay among 572 $10–100M community development nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 8 named individuals · Part VII
| Name | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Leonard Daniel | — | — | $1,228,689 | $1,301,422 | $482,625 |
| David Gaugh | $722,230 | $750,530 | — | — | — |
| Francer Jeffrey | — | — | $491,416 | $675,214 | $689,959 |
| Gaugh David | — | — | $638,420 | $604,004 | $679,212 |
| Mcdermott-Vitak Anna | — | — | — | $531,828 | $621,031 |
| Simmon Christine | — | — | $214,289 | $580,330 | $614,067 |
| Goldberg Allen | — | — | $476,470 | $500,974 | $522,472 |
| Duncan Joanne | — | — | $461,017 | $271,325 | — |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aYes
Programs and updates
Advocates for affordable generic and biosimilar medicines.
Questions for Association for Accessible Medicines
Your first name shows with your question. Association for Accessible Medicines answers here, for everyone.
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Policy & Strategic Alliances
Identify policy issues affecting the generic pharmaceutical and biosimilars industries and facilitate development of policy positions among our member companies; work with the agencies of the U.S.
Communications & Marketing
Educating policymakers, media, patients and other stakeholders about the economic and therapeutic contributions of generic and biosimilars medicines as well as their safety and efficacy; producing and sharing patient and taxpayer savings data and stories of patients whose health is saved, improved and maintained by generic and…
Government Affairs
Advocate on behalf of the generic pharmaceutical and biosimilars industry with respect to federal, state, and municipal rules, laws, and orders affecting the industry.
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2024 990, line by line.
Download 990
| Line | Start FY24 | End FY24 |
|---|---|---|
| Cash and savingsLn 1–2 | $17.0M | $17.2M |
| InvestmentsLn 11–13 | $579K | $579K |
| Land, buildings, equipmentLn 10c | $842K | $612K |
| Total assetsLn 16 | $23.6M | $22.5M |
| LiabilitiesLn 26 | $12.1M | $7.7M |
| Net assetsLn 32 | $11.5M | $14.7M |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Grants to domestic organizationsLn 1 | $184K | |||
| Pay of current officers, directors and key staffLn 5 | $1.4M | |||
| Other salaries and wagesLn 7 | $5.0M | |||
| Pension plan contributionsLn 8 | $148K | |||
| Other employee benefitsLn 9 | $385K | |||
| Payroll taxesLn 10 | $349K | |||
| Legal feesLn 11b | $1.2M | |||
| Accounting feesLn 11c | $132K | |||
| Lobbying feesLn 11d | $2.2M | |||
| Other fees for servicesLn 11g | $2.3M | |||
| Advertising and promotionLn 12 | $353K | |||
| Office expensesLn 13 | $214K | |||
| Information technologyLn 14 | $306K | |||
| OccupancyLn 16 | $1.3M | |||
| TravelLn 17 | $172K | |||
| Conferences, conventions and meetingsLn 19 | $1.2M | |||
| Depreciation, depletion and amortizationLn 22 | $236K | |||
| InsuranceLn 23 | $80K | |||
| Other expenses (24a–d)Ln 24 | $1.3M | |||
| Total functional expensesLn 25 | $18.3M |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 Latest Viewing | $21.5M | $18.3M | $3.2M | $14.7M | 990 PDF |
| FY2023 | $22.2M | $17.9M | $4.3M | $11.5M | 990 PDF |
| FY2022 | $22.7M | $24.9M | −$2.2M | $7.2M | 990 PDF |
| FY2021 | $25.5M | $23.6M | $1.9M | $9.4M | 990 PDF |
| FY2020 | $25.5M | $24.6M | $911K | $7.5M | 990 PDF |
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Schedules filed Part IV
See the full FY2024 990 (6 parts)
Part I · Summary $21,539,161 revenue, 12 lines filed
Part VI · Governance 24 of 24 board members independent, no flags
Part VIII · Statement of revenue $21,539,161 across 5 lines filed
Part IX · Statement of functional expenses $18,292,566 across 19 lines filed
Part X · Balance sheet $22,475,133 assets, 13 lines filed
Part XI · Reconciliation of net assets $14,742,478 net assets at year end
Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File
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