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Supporting Initiatives To Redistribute Unused Medicine - Sirum

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 271103057 ✦ Palo alto, CA ✦ Designated as a 501(c)(3)

Overview

What is Supporting Initiatives To Redistribute Unused Medicine - Sirum?

Supporting Initiatives To Redistribute Unused Medicine, or Sirum, is a Palo Alto, California-based nonprofit organization. They focus on connecting surplus medicine from institutions, such as commercial pharmacies and healthcare facilities, with safety-net providers like free clinics and charitable pharmacies. This process is akin to a "match.com for medicine," enabling medicine donors to efficiently reach those in need. Sirum not only connects donors and recipients but also coordinates third-party logistics like drug manifests, tracking, and shipping. Additionally, they operate a not-for-profit pharmacy and returns processor, which functions as third-party logistics providers offering warehousing and distribution services for donated medicine. Their mission is to standardize and streamline medical donations to communities in need, ensuring optimal coordination and efficiency. With a team of 27 employees, Sirum plays a crucial role in ensuring unused medication reaches those who require it most.


Official website here: www.sirum.org

Is Supporting Initiatives To Redistribute Unused Medicine - Sirum legitimate?

Supporting Initiatives To Redistribute Unused Medicine - Sirum is a legitimate nonprofit organization registered as a 501(c)(3) entity. Supporting Initiatives To Redistribute Unused Medicine - Sirum 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: $647,108
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,471,192

For more financial information, click here


Official website here: www.sirum.org

What is the mission statement of Supporting Initiatives To Redistribute Unused Medicine - Sirum?

Supporting Initiatives To Redistribute Unused Medicine, known as Sirum, aims to standardize and streamline the process of donating excess medical supplies to communities in need. By leveraging technology, Sirum efficiently connects surplus medicine from institutions like commercial pharmacies and healthcare facilities with safety-net providers, such as free clinics and charitable pharmacies. The organization acts like a matchmaker for medicine, facilitating coordination between donors and recipients and managing third-party logistics, including drug manifests, tracking, and shipping. Sirum's mission is to optimize the donation and distribution process, ensuring that unneeded medicine reaches those who require it most. The organization operates a not-for-profit pharmacy and returns processor to serve as third-party logistics providers, offering warehousing and distribution services for donated medicine intended for individuals in need.


Official website here: www.sirum.org

Who is the CEO of Supporting Initiatives To Redistribute Unused Medicine - Sirum?

Adam Kircher is the Director of Supporting Initiatives To Redistribute Unused Medicine - Sirum.


Official website here: www.sirum.org

What is the revenue of Supporting Initiatives To Redistribute Unused Medicine - Sirum?

Supporting Initiatives To Redistribute Unused Medicine - Sirum's revenue in 2022 was $33,807,072.


Official website here: www.sirum.org

Who are the executives of Supporting Initiatives To Redistribute Unused Medicine - Sirum and what are their salaries?

The average compensation at Supporting Initiatives To Redistribute Unused Medicine - Sirum during 2022 was $115,493. There are 27 employees at Supporting Initiatives To Redistribute Unused Medicine - Sirum.

Here are 7 key members and their salaries:

    Adam Kircher (Director)
  • Compensation: $222,000
  • Related: $0
  • Other: $12,958

    • Kiah Williams (Director)
  • Compensation: $220,000
  • Related: $0
  • Other: $10,234

    • George Wang (Director)
  • Compensation: $205,108
  • Related: $0
  • Other: $10,045

    • Michelle Branch (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rebecca Turner (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Geraldine Maro (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Vishal Suluja (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.sirum.org

    Where can I find the form 990 for Supporting Initiatives To Redistribute Unused Medicine - Sirum?

    The Supporting Initiatives To Redistribute Unused Medicine - Sirum’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.sirum.org

    Learn more at the official website: www.sirum.org

    Mission Statement of Supporting Initiatives To Redistribute Unused Medicine - Sirum

    Sirum, a nonprofit organization, aims to standardize and streamline the process of donating excess medicine from commercial pharmacies and healthcare facilities to communities in need. By optimizing coordination and efficiency, Sirum ensures that donated medicines reach their intended recipients effectively. The organization functions like a match.com for medicine, linking medicine donors with safety-net providers such as free clinics and charitable pharmacies. Sirum facilitates the connection and manages logistics, including drug manifests, tracking, and shipping, to make the donation process smooth and seamless. Sirum's activities extend beyond just coordinating donations; the organization also operates a not-for-profit pharmacy and returns processor. These entities serve as third-party logistics providers, offering warehousing and distribution services for donated medicines destined for individuals in need. By harnessing technology and leveraging its extensive network, Sirum successfully bridges the gap between medicine donors and those in need, ensuring that valuable resources make a significant impact on the health and well-being of underserved communities.

    Impact

    This information is meant to be a general summary of Supporting Initiatives To Redistribute Unused Medicine - Sirum. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Sirum's impact includes standardizing and streamlining medical donations to communities in need, ensuring optimal coordination and efficiency. By leveraging technology, Sirum connects surplus medicine from institutions like commercial pharmacies and health facilities with safety-net providers such as free clinics and charitable pharmacies. This innovative approach acts as a conduit to benefit ill and/or needy individuals by facilitating the redistribution of unused medicine.

    Operating like a "Match.com for medicine," Sirum effectively matches medicine donors with safety-net providers and coordinates third-party logistics including itemized drug manifests, tracking, and shipping. Additionally, Sirum operates a not-for-profit pharmacy and returns processor, offering warehousing and distribution services for donated medicine going to individuals in need. Through these activities, Sirum plays a crucial role in bridging the gap between medicine surplus and those who can benefit from it the most, ultimately making a significant impact on healthcare accessibility and affordability in underserved communities.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $242,032
  • Program Service Revenue: $528,446
  • Gross Receipts: $38,507,814

    • Assets and Liabilities:
  • Total Assets: $27,290,299
  • Total Liabilities: $1,479,439
  • Net Assets: $25,810,860
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    PROGRAM SERVICE INCOME

    Revenue

    $528,446

    Organization Details

    Founding Year

    2009

    Principal Officer

    Adam Kircher

    Main Address

    3000 EL CAMINO REAL BLDG 4 200, PALO ALTO, CA, 94306

    NTEE Category

    Code: E60 - Health

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