Civica Inc

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

EIN: 831246927 ✦ Lehi, UT ✦ Designated as a 501(c)(4)

Overview

What is Civica Inc?

Civica Inc, a Utah-based nonprofit organization located at 2912 W EXECUTIVE PKWY STE 325, Lehi, UT, 84043, is dedicated to addressing essential generic medication shortages and ensuring affordability for all. With a workforce of approximately 158 employees, Civica's mission encompasses alleviating drug shortages and providing quality generic injectables at sustainable prices, benefiting both member hospital systems and non-member organizations. Their network of hospitals has expanded, reaching 43.7 million patients served to date. New members include Nationalwide non-member 340B hospitals, VA hospitals, and the Department of Defense. Amid the COVID-19 pandemic, Civica addressed the needs of hospital systems for emergency medications and continued launching essential medicines deemed in short supply. To ensure a consistent supply chain, Civica maintains approximately 6 months of finished goods inventory. All members and non-members receive transparent and affordable pricing, regardless of hospital size or volume of drugs purchased.


Official website here: www.civicarx.org

Is Civica Inc legitimate?

Civica Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Civica Inc 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 not tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $1,346,774
Professional Fundraising Fees: $0
Other Salaries and Wages: $22,215,804

For more financial information, click here


Official website here: www.civicarx.org

What is the mission statement of Civica Inc?

Civica Inc is dedicated to enhancing the accessibility and affordability of essential generic injectables for patients, particularly those in high-needs populations. The organization achieves this mission in two ways: first, by alleviating drug shortages and second, by providing these drugs at a sustainable and affordable level. Civica's efforts extend beyond its member hospital systems to include non-member organizations and covered entities like 340B hospitals, as well as government organizations such as Veterans Affairs and the Department of Defense.


Official website here: www.civicarx.org

Who is the CEO of Civica Inc?

Ned Mccoy is the Chief Executive Officer of Civica Inc. The CEO's salary of Civica Inc is $584,866 and their total compensation is $988,709.


Official website here: www.civicarx.org

What is the revenue of Civica Inc?

Civica Inc's revenue in 2022 was $43,953,660.


Official website here: www.civicarx.org

Who are the executives of Civica Inc and what are their salaries?

The average compensation at Civica Inc during 2022 was $149,130. There are 158 employees and 15 volunteers at Civica Inc.

Here are 23 key members and their salaries (Civica Inc's CEO's salary is $584,866 and their total compensation is $988,709):

    Ned Mccoy (Chief Executive Officer) [Trustee/Director]
  • Compensation: $584,866
  • Related: $389,911
  • Other: $13,932

    • Debbi Ford (Chief Communications)
  • Compensation: $341,477
  • Related: $512,215
  • Other: $29,791

    • Russell Alan Gall (Chief Mfg & Supply Chain O)
  • Compensation: $514,310
  • Related: $57,146
  • Other: $310,958

    • Donna Gulbinski (Chief Quality & Regulatory)
  • Compensation: $593,278
  • Related: $254,262
  • Other: $34,830

    • Jennifer Spalding (General Counsel)
  • Compensation: $428,358
  • Related: $428,358
  • Other: $14,286

    • Kristopher Weidling (Chief Human Resources)
  • Compensation: $528,395
  • Related: $58,710
  • Other: $43,959

    • Eamon Fitzmaurice (Chief Financial Officer)
  • Compensation: $249,830
  • Related: $166,553
  • Other: $197,000

    • Stanford Benson (Vp, Petersburg)
  • Compensation: $465,473
  • Related: $0
  • Other: $31,291

    • Dan Liljenquist (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Carter Dredge (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Louis Fierens (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dennis Dahlen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Shelley Lyford (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Martin Vantrieste (Director And President Emeritus)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jay Want (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kathleen Sanford (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Andrea Noda (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Erin Asprec (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • William Rutherford (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joann Escasa-Haigh (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Blake Wilkerson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Rowe (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Drew Hobby (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.civicarx.org

    Where can I find the form 990 for Civica Inc?

    The Civica Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.civicarx.org

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

    Mission Statement of Civica Inc

    Civica Inc, a mission-driven organization, strives to enhance the accessibility and affordability of essential generic injectables for patients, with a particular focus on high-needs populations. Their primary objectives are twofold: alleviating drug shortages and providing these necessary medications at a sustainable and affordable price point, not just for their member hospital systems but also for non-member organizations and covered entities, such as 340B hospitals, and government organizations including Veterans Affairs and the Department of Defense. By addressing drug shortages and ensuring the availability of affordable generic injectables, Civica Inc aims to make a significant impact on the healthcare landscape and improve patient outcomes.

    Impact

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




    Thursday, August 15, 2024

    Civica Inc's impact can be seen in its efforts to alleviate supply shortages for essential generic medications and ensure affordability for everyone. By developing an open and growing network of hospitals, Civica expands the reach of its mission to benefit both members and non-members.

    Some major accomplishments of Civica include serving 43.7 million patients to date, launching 18 essential medicines in 2022, enrolling new customers such as non-member 340B hospitals, Veterans Affairs hospitals, and the Department of Defense. During the COVID-19 pandemic, Civica also met the emergency medication needs of hospital systems.

    Civica continues to launch essential medicines in short supply, maintain an inventory of finished goods to buffer against supply chain shocks, and offer transparent, affordable pricing to all customers regardless of membership status or purchasing volume. Through these efforts, Civica is making a significant impact in enhancing the availability and affordability of quality generic injectables for patients, particularly high-need populations.





    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: $42,562
  • Program Service Revenue: $4,527,404
  • Gross Receipts: $130,877,207

    • Assets and Liabilities:
  • Total Assets: $233,818,442
  • Total Liabilities: $159,954,614
  • Net Assets: $73,863,828
  • Programs

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

    SERVICES TO CIVICASCRIPT

    Revenue

    $4,527,404

    Organization Details

    Founding Year

    2018

    Principal Officer

    Ned Mccoy

    Main Address

    2912 W EXECUTIVE PKWY STE 325, LEHI, UT, 84043

    NTEE Category

    Code: E60 - Health

    If you are a representative of Civica Inc 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.