nonprofit logo

Iowa Prescription Drug Corporation

Safenetrx

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

EIN: 421518875 ✦ Grimes, IA ✦ Designated as a 501(c)(3)

Overview

What is Iowa Prescription Drug Corporation?

The Iowa Prescription Drug Corporation, also known as Safenetrx, is a nonprofit organization based in Grimes, Iowa. Their mission is to serve the prescription needs of medically underserved populations by responsibly collecting and distributing donated medications. They focus on accumulated prescription medications that exist in long-term care and other medical settings. The donated medications undergo inspection by pharmacists and are subsequently distributed to clinics and pharmacies catering to uninsured and underinsured patients unable to afford essential drug therapies. The corporation employs a team of 13 individuals dedicated to making a difference in healthcare access for those in need.


Official website here: www.safenetrx.org

Is Iowa Prescription Drug Corporation legitimate?

Iowa Prescription Drug Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Iowa Prescription Drug Corporation 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: $128,006
Professional Fundraising Fees: $0
Other Salaries and Wages: $425,864

For more financial information, click here


Official website here: www.safenetrx.org

What is the mission statement of Iowa Prescription Drug Corporation?

The Iowa Prescription Drug Corporation serves a vital role in addressing the prescription needs of medically underserved populations. Through their program, they collect unused prescription medications from long-term care facilities and other medical settings. By responsibly donating and distributing these medicines, they ensure they reach clinics and pharmacies catering to uninsured and underinsured patients who cannot afford necessary drug therapies. Pharmacists inspect the donated medications before distribution to ensure their safety and efficacy. The corporation's mission is to make a significant difference in the lives of those in need by providing essential medicines and improving overall health outcomes.


Official website here: www.safenetrx.org

Who is the CEO of Iowa Prescription Drug Corporation?

Jon Rosmann is the President of Iowa Prescription Drug Corporation. The CEO's salary of Iowa Prescription Drug Corporation is $128,006 and their total compensation is $128,006.


Official website here: www.safenetrx.org

What is the revenue of Iowa Prescription Drug Corporation?

Iowa Prescription Drug Corporation's revenue in 2022 was $21,000,324.


Official website here: www.safenetrx.org

Who are the executives of Iowa Prescription Drug Corporation and what are their salaries?

The average compensation at Iowa Prescription Drug Corporation during 2022 was $42,605. There are 13 employees at Iowa Prescription Drug Corporation.

Here are 15 key members and their salaries (Iowa Prescription Drug Corporation's CEO's salary is $128,006 and their total compensation is $128,006):

    Jon Rosmann (Ceo)
  • Compensation: $128,006
  • Related: $0
  • Other: $0

    • Raymond Meister (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bernard Sorofman (Vice-Preside) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joshua Rehmann (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gary Goodhall (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Renae Chesnut (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Maureen Keehnle (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dave Higdon (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Roger Kluesner (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Edwin Mcintosh (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Steve Mullenix (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • M Christine Newell (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sid Ramsey (Board Memebr) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bernard Sorofman (Board Memebr) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joel White (Board Memebr) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.safenetrx.org

    Where can I find the form 990 for Iowa Prescription Drug Corporation?

    The Iowa Prescription Drug Corporation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.safenetrx.org

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

    Mission Statement of Iowa Prescription Drug Corporation

    Iowa Prescription Drug Corporation, a dedicated nonprofit entity, is committed to addressing the prescription needs of medically underserved populations. Through its mission, the organization collects and responsibly distributes donated medicines to ensure that those in need have access to essential drugs they cannot afford.

    The program operates by gathering unused prescription medications that accumulate in long-term care and other medical settings. These donated medicines undergo thorough inspection by pharmacists before being distributed to clinics and pharmacies catering to uninsured and underinsured patients. By doing so, Iowa Prescription Drug Corporation bridges the gap in prescription access for individuals who are unable to afford necessary drug therapies.

    The Iowa Prescription Drug Corporation functions as a drug donation repository. Its primary goal is to transform surplus medications into valuable resources for those most in need. By collecting and distributing donated prescription medications, the organization plays a vital role in improving health outcomes and promoting overall well-being within medically underserved communities.

    Impact

    This information is meant to be a general summary of Iowa Prescription Drug Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Iowa Prescription Drug Corporation's impact lies in serving the prescription needs of medically underserved populations through the responsible collection and distribution of donated medicines. Operating as a drug donation repository, this organization gathers unused prescription medications from long-term care and medical settings. These medications are then donated to SafeNetRx, inspected by pharmacists, and subsequently distributed to clinics and pharmacies catering to uninsured and underinsured patients who cannot afford necessary drug therapies. Through this initiative, Iowa Prescription Drug Corporation plays a crucial role in ensuring access to essential medications for those in need within the healthcare system.





    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: $1,268
  • Program Service Revenue: $48,839
  • Gross Receipts: $21,000,674

    • Assets and Liabilities:
  • Total Assets: $11,563,558
  • Total Liabilities: $612,740
  • Net Assets: $10,950,818
  • Programs

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

    PHARMACY PRESCRIPTION REVENUE

    Revenue

    $40,450

    OTHER REVENUE-MEDICARE PART D

    Revenue

    $8,389

    Organization Details

    Founding Year

    2001

    Principal Officer

    Jon Rosmann

    Main Address

    1500 SE 19TH ST STE530, GRIMES, IA, 50111

    NTEE Category

    Code: E80 - Health

    If you are a representative of Iowa Prescription Drug Corporation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.