Overview
What is United States Pharmacopeial Convention?
The United States Pharmacopeial Convention (USP) is a global health organization situated in the United States. Their primary mission is to enhance global health by establishing and implementing public standards for the identity, strength, quality, and purity of medicines, food ingredients, and dietary supplements used and consumed worldwide. Through these standards and related programs, USP ensures the safety, quality, and effectiveness of various health products.
Official website here: www.usp.org
Is United States Pharmacopeial Convention legitimate?
United States Pharmacopeial Convention is a legitimate nonprofit organization registered as a 501(c)(3) entity. United States Pharmacopeial Convention submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $4,558,851
Professional Fundraising Fees: $0
Other Salaries and Wages: $132,662,776
For more financial information, click here
Official website here: www.usp.org
What is the mission statement of United States Pharmacopeial Convention?
The United States Pharmacopeial Convention is a global health organization dedicated to improving health worldwide. They accomplish this by establishing public standards and related programs that ensure the quality, safety, and benefit of medicines and foods. USP sets identity, strength, quality, and purity standards for various products, including medicines, food ingredients, and dietary supplements, used and manufactured globally. By implementing these standards, USP contributes significantly to maintaining the trust and confidence of consumers and healthcare professionals in these essential products.
Official website here: www.usp.org
Who is the CEO of United States Pharmacopeial Convention?
Ronald T Piervincenzi is the Chief Executive Officer & Ex-Officio of United States Pharmacopeial Convention. The CEO's salary of United States Pharmacopeial Convention is $898,347 and their total compensation is $1,000,049.
Official website here: www.usp.org
What is the revenue of United States Pharmacopeial Convention?
United States Pharmacopeial Convention's revenue in 2023 was $346,271,530.
Official website here: www.usp.org
Who are the executives of United States Pharmacopeial Convention and what are their salaries?
The average compensation at United States Pharmacopeial Convention during 2023 was $146,604. There are 936 employees and 671 volunteers at United States Pharmacopeial Convention.
Here are 26 key members and their salaries (United States Pharmacopeial Convention's CEO's salary is $898,347 and their total compensation is $1,000,049):
- Ronald T Piervincenzi (Chief Executive Officer & Ex-Officio)
- Jakob Venema (Evp & Chief Science Officer)
- Amanda D Cowley (Svp Legal People Strategy)
- Anthony P Lakavage (Secretary & Svp Glbl Ea)
- Emily M Kaine (Svp, Ghms)
- Stanley D Burhans (Chief Financial Officer)
- Venkat Surendra Nath Koduru (Svp Regions & Program Ops.)
- Bruk Alemayehu (Svp, Glto)
- Jennifer Devine (Svp, Doc Stds & Comp Policy)
- Fouad Atouf (Svp, Sci-Glob Bio)
- Michael S Levy (Svp, Digital & Innovation)
- Dawn M Oram (Head Of Gpc (Thru Dec 2022))
- Robert L Anderson (Vp, Mktg Comms Exec)
- Dennis E Doherty Md (Convention President) [Trustee/Director]
- Todd K Abraham Phd Mba (Treasurer) [Trustee/Director]
- Gregory E Amidon Phd (Pharmaceutical Sciences Trustee)
- Gwen Darien (Public Trustee)
- Richard J Gilfillan Md Mba (At Large Trustee)
- Jesse L Goodman Md Mph (Medical Sciences Trustee)
- Laura Herman Mba Ma (At Large Trustee)
- Thomas Menighan Bspharmmba (At Large Trustee)
- Krishna Reddy Nallamalla Md (At Large Trustee)
- Stephen Ostroff Md (Medical Sciences Trustee)
- Julio Sanchez Y Tepoz Mscsjd (At Large Trustee)
- John Taylor Jd (At Large Trustee)
- Susan Winckler Rph Jd (Chair And Pharma Sci Trust) [Trustee/Director]
Official website here: www.usp.org
Where can I find the form 990 for United States Pharmacopeial Convention?
The United States Pharmacopeial Convention’s most recent form 990 was submitted in 2023 and can be accessed here
Official website here: www.usp.org
Learn more at the official website: www.usp.org
Mission Statement of United States Pharmacopeial Convention
The United States Pharmacopeia (USP), a global health organization, is dedicated to improving the health of people around the world by establishing and implementing public standards for medicines and foods. USP's mission goes beyond setting standards, extending to related programs aimed at ensuring the quality, safety, and benefit of these essential products.
In practice, USP sets the criteria for the identity, strength, quality, and purity of medicines, food ingredients, and dietary supplements, which are adhered to by manufacturers, distributors, and regulatory agencies worldwide. By implementing these rigorous standards, USP plays a vital role in maintaining confidence in the global supply of medicines and foods, ultimately contributing to better health outcomes for individuals across the globe.
USP's commitment to improving global health is rooted in its mission to create a world where every person can access quality medicines and foods that are safe and effective. The organization's work is grounded in science and driven by its expertise in various areas, including chemistry, biology, pharmacology, microbiology, and pharmaceutics. USP's standards are developed, revised, and implemented through a transparent and inclusive process involving experts from academia, industry, regulatory agencies, and other stakeholders. With this collaborative approach, USP ensures that its standards remain comprehensive, evidence-based, and adaptable to the evolving needs of the global health landscape.
Impact
This information is meant to be a general summary of United States Pharmacopeial Convention. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
The United States Pharmacopeial Convention plays a crucial role in improving the health of people around the world through the establishment of public standards for medicines, food ingredients, and dietary supplements. By setting standards for the identity, strength, quality, and purity of these products, USP helps to ensure the safety and efficacy of medications and food consumed globally. This impactful work contributes to enhancing public health outcomes and promoting the well-being of individuals worldwide.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
COMPENDIAL ACTIVITIES
Revenue
$294,781,185
ALLIED COMPENDIAL ACT.
Revenue
$6,175,722
NON-COMPENDIAL ACT.
Revenue
$4,173,470
Organization Details
Founding Year
1820
Phone
(301) 881-0666
Principal Officer
Ronald T Piervincenzi
Main Address
12601 TWINBROOK PARKWAY, ROCKVILLE, MD, 20852
Website
www.usp.org
NTEE Category
Code: S40 - Community improvement
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