Civica INC FY2022 filing

Lehi, UT501(c)(4)Since 2018 EIN 83-1246927Revenue $44.0M in FY2022

On file with the IRScivicarx.org2912 W Executive Pkwy Ste 325, 84043-4622 · Lehi, UTTax-exempt since Jul 2020

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Alleviate supply shortages for essential generic medications and ensure affordability for everyone.

82¢ of each $1 spent went to programs.
$3.7M paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Programs: Part IX · Pay: Part VII

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FY2022 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(4)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 5
filings with a surplus
Average deficit $7.5M a year · 12% of revenue · last 5 filings
Concern: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
82%
of spending
Looks good: 82% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$3.7M
to officers and key staff · 6% of spending
Looks good: pay to officers and key staff is 6% of spending; 15% or less.
Pt VII · Sec A
2 mo
of spending, in cash
Fine: 1.5 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $27.9M
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$160.0M
68% of total assets
Worth a look: liabilities are 68% of assets; over 65%.
Pt X · Ln 26
Independent board members
15
of 16 voting members
Looks good: 15 of 16 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$44.0M
-52% vs prior year
Spent
$65.2M
To programs
82%
Net assets
$73.9M
By yearFY2020–FY2024
Revenue
$44.0M
FY2022▼ -52%
Tap a bar for its year
Revenue by fiscal year
FY2020$53.9M
FY2021$92.4M
FY2022$44.0M
FY2023$50.7M
FY2024$65.0M
Expenses
$65.2M
FY2022▲ +61%
Tap a bar for its year
Expenses by fiscal year
FY2020$27.3M
FY2021$40.6M
FY2022$65.2M
FY2023$97.0M
FY2024$113.2M
Net assets
$73.9M
FY2022▼ -22%
Tap a bar for its year
Net assets by fiscal year
FY2020$43.3M
FY2021$95.1M
FY2022$73.9M
FY2023$27.6M
FY2024−$20.7M

From the FY2022 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jul 2020.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

82 cents of each dollar spent went to programs.

Program services 82% · $53.6M Management & general 18% · $11.6M

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

23 people listed on the 990; $3.7M paid to officers and key staff.

Part VII, Section A · reportable compensation
Chief Quality & Regulatory
$593,278Pt VII · Sec A
Chief Executive Officer
$584,866Pt VII · Sec A
Chief Human Resources
$528,395Pt VII · Sec A
Chief Mfg & Supply Chain O
$514,310Pt VII · Sec A
VP, Petersburg
$465,473Pt VII · Sec A
General Counsel
$428,358Pt VII · Sec A
Chief Communications
$341,477Pt VII · Sec A
Chief Financial Officer
$249,830Pt VII · Sec A

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Russell Gall Chief Mfg—$1,152,525———
Kristopher Weidling$796,605$696,519$528,395——
Ned McCoy$790,906$714,319$584,866$740,931$657,206
Jennifer Spalding$583,770$437,085$428,358$740,239—
Scott Gochnour———$736,322$657,206
Donna Gulbinski$621,572$605,355$593,278$731,655$657,206
Vikram Lamba———$504,731$690,622
Russell Alan Gall——$514,310$547,005$657,206

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

Ensures affordable, essential generic medications are available to everyone.

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Provided by the organization

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3 programs · $53.6M · in their own filed words · FY2022
01

Generic drug distributiondevelop an open and growing network of hospitals to expand the reach of civica's mission and its benefits to both members and non-members. Alleviate shortages of essential drug products and stabilize pricing by securing availability from existing manufacturers for the benefit of patients served by these members…

$34.4Mprogram expense
02

Fill

Finish facilitythe COVID-19 pandemic, which resulted in a spike in demand for medications in hospitals managing significant patient surges, brought to light the dependence of the united states on foreign manufacturers of generic, essential, life-saving medications; especially sterile injectables.

$16.1Mprogram expense
03

Out-patient serviceson or about january 23, 2020, civica announced an arrangement with the blue cross blue shield association ("bcbsa") and a number of independent blue cross and blue shield companies ("BCBSS; with bcbsa, the "blues").

$3.1Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Civica FoundationFY2024$27.9M
Total grants receivedfrom 1 funder$27.9M

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$44.0M
Ln 12
Other incomeLn 4–11$26.7M
Gifts and grantsLn 1h$12.7M
Fees for servicesLn 2g$4.5M
Money outPt IX
$65.2M
Ln 25
Programscol B$53.6M
Managementcol C$11.6M
Owns and owesPt X
$73.9M
net assets · Ln 32
Cash and savingsLn 1–2$8.2M
Total assetsLn 16$233.8M
LiabilitiesLn 26$160.0M
PeoplePt VI, VII
23
listed · VII A
PaidVII A8
Voting boardVI 1a16
IndependentVI 1b15
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$12.7M
Government grantsLn 1e$5.1M
Fees for servicesLn 2g$4.5M
Investment incomeLn 3$43K
Other incomeLn 4–11$26.7M
Total revenueLn 12$44.0M
Assets in detailPt X, end of year
SavingsLn 2$8.2M
Cash and savings togetherLn 1–2$8.2M
Land, buildings, equipmentLn 10c$135.6M
Other assetsLn 15$6.5M
Total assetsLn 16$233.8M
LiabilitiesLn 26$160.0M
Net assetsLn 32$73.9M
OperationsPt I, VI
EmployeesI 5293
VolunteersI 614
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$83.4M$8.2M
Land, buildings, equipmentLn 10c$73.3M$135.6M
Total assetsLn 16$199.4M$233.8M
LiabilitiesLn 26$104.3M$160.0M
Net assetsLn 32$95.1M$73.9M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$1.3M$1.1M$244K
Other salaries and wagesLn 7$22.2M$18.2M$4.0M
Pension plan contributionsLn 8$448K$367K$81K
Other employee benefitsLn 9$2.4M$2.0M$443K
Payroll taxesLn 10$1.1M$892K$197K
Legal feesLn 11b$448K$319K$128K
Accounting feesLn 11c$138K$98K$39K
Other fees for servicesLn 11g$3.2M$2.8M$353K
Advertising and promotionLn 12$224K$224K
Information technologyLn 14$893K$714K$179K
OccupancyLn 16$1.7M$1.2M$516K
TravelLn 17$1.1M$838K$258K
InterestLn 20$4.8M$4.8M
Depreciation, depletion and amortizationLn 22$141K$100K$41K
InsuranceLn 23$1.2M$879K$302K
Other expenses (24a–d)Ln 24$23.9M$23.9M$7K
Total functional expensesLn 25$65.2M$53.6M$11.6M$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $65.0M$113.2M−$48.2M−$20.7M 990 PDF
FY2023 $50.7M$97.0M−$46.3M$27.6M 990 PDF
FY2022 Viewing $44.0M$65.2M−$21.2M$73.9M 990 PDF
FY2021 $92.4M$40.6M$51.8M$95.1M 990 PDF
FY2020 $53.9M$27.3M$26.6M$43.3M 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support J · Pay O · Explanations
See the full FY2022 990 (6 parts)
Part I · Summary $43,953,660 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $62,213,396$12,653,276
I-9 Program service revenuePrior year $3,891,465$4,527,404
I-10 Investment incomePrior year $220,056$42,562
I-11 Other revenuePrior year $26,047,643$26,730,418
I-12 Total revenuePrior year $92,372,560$43,953,660
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $19,608,793$27,547,843
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $20,947,237$37,617,297
I-18 Total expensesPrior year $40,556,030$65,165,140
I-19 Revenue less expensesPrior year $51,816,530−$21,211,480
Part VI · Governance 15 of 16 board members independent, no flags
VI-1a Voting members of the governing body16
VI-1b Independent voting members15
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $43,953,660 across 6 lines filed
Lines not itemized here account for $26,730,418 of total revenue; see the IRS return.
VIII-1d Related organizations$7,552,514
VIII-1e Government grants$5,100,762
VIII-1h Total contributions, gifts and grants$12,653,276
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $4,527,404$4,527,404
VIII-3 Investment incomeExcluded from tax $42,562$42,562
VIII-12 Total revenueRelated to mission $31,257,822 · Unrelated business $0 · Excluded from tax $42,562$43,953,660
Part IX · Statement of functional expenses $65,165,140 across 16 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $1,103,162 · Management $243,612$1,346,774
IX-7 Other salaries and wagesPrograms $18,197,291 · Management $4,018,513$22,215,804
IX-8 Pension plan contributionsPrograms $366,634 · Management $80,964$447,598
IX-9 Other employee benefitsPrograms $2,006,137 · Management $443,016$2,449,153
IX-10 Payroll taxesPrograms $891,618 · Management $196,896$1,088,514
IX-11b Legal feesPrograms $319,426 · Management $128,342$447,768
IX-11c Accounting feesPrograms $98,259 · Management $39,479$137,738
IX-11g Other fees for servicesPrograms $2,809,055 · Management $353,151$3,162,206
IX-12 Advertising and promotionPrograms $223,748$223,748
IX-14 Information technologyPrograms $713,946 · Management $178,985$892,931
IX-16 OccupancyPrograms $1,159,676 · Management $515,593$1,675,269
IX-17 TravelPrograms $837,893 · Management $257,682$1,095,575
IX-20 InterestManagement $4,784,676$4,784,676
IX-22 Depreciation, depletion and amortizationPrograms $99,900 · Management $41,031$140,931
IX-23 InsurancePrograms $878,644 · Management $302,139$1,180,783
IX-24 Other expenses (24a–d)Programs $23,868,608 · Management $7,064$23,875,672
IX-25 Total functional expensesPrograms $53,573,997 · Management $11,591,143 · Fundraising $0$65,165,140
Part X · Balance sheet $233,818,442 assets, 14 lines filed
X-2 Savings and temporary cash investmentsStart of year $83,398,064$8,158,580
X-4 Accounts receivableStart of year $13,112,554$17,746,093
X-8 Inventories for sale or useStart of year $27,819,465$65,109,192
X-9 Prepaid expenses and deferred chargesStart of year $889,726$693,769
X-10c Land, buildings and equipment, netStart of year $73,324,354$135,635,901
X-15 Other assetsStart of year $808,159$6,474,907
X-16 Total assetsStart of year $199,352,322$233,818,442
X-17 Accounts payable and accrued expensesStart of year $32,372,857$32,851,810
X-24 Unsecured notes and loans payableStart of year $71,904,157$127,102,804
X-26 Total liabilitiesStart of year $104,277,014$159,954,614
X-27 Net assets without donor restrictionsStart of year −$1,305,298−$26,136,172
X-28 Net assets with donor restrictionsStart of year $96,380,606$100,000,000
X-32 Total net assets or fund balancesStart of year $95,075,308$73,863,828
X-33 Total liabilities and net assetsStart of year $199,352,322$233,818,442
Part XI · Reconciliation of net assets $73,863,828 net assets at year end
XI-1 Total revenue$43,953,660
XI-2 Total expenses$65,165,140
XI-3 Revenue less expenses−$21,211,480
XI-4 Net assets at start of year$95,075,308
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$73,863,828

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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