Drug Takeback Solutions Foundation

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

EIN: 851666391 ✦ Winstonsalem, NC ✦ Designated as a 501(c)(3)

Overview

What is Drug Takeback Solutions Foundation?

The Drug Takeback Solutions Foundation, a federally tax-exempt nonprofit organization under Section 501(C)(3) of the Internal Revenue Code, is dedicated to supporting pharmaceutical manufacturers in adhering to state and local regulations by facilitating the collection, transportation, and destruction of unwanted medications. Their primary mission involves representing entities that produce drugs, herbal remedies, and medical devices, among others, to plan and execute drug take-back programs and related stewardship laws. In 2022, the foundation successfully managed the return of 647 drug disposal containers in Oregon, totaling 15,118.07 pounds, and 1,783 containers in California, amounting to 58,613.75 pounds. The organization's activities aim to promote responsible medication disposal and contribute to public health and safety.


Official website here: www.takebackfoundation.org

Is Drug Takeback Solutions Foundation legitimate?

Drug Takeback Solutions Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Drug Takeback Solutions Foundation 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: $20,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.takebackfoundation.org

What is the mission statement of Drug Takeback Solutions Foundation?

The Drug Takeback Solutions Foundation, a non-profit organization exempt from federal income tax under Section 501(C)(3) of the Internal Revenue Code, is dedicated to charitable and educational activities supporting its primary mission. This mission involves representing manufacturers of various healthcare products, including drugs, herbal remedies, medical devices, and biologics, to plan and operate drug take-back programs and similar drug stewardship laws. The foundation aims to address the issue of medication disposal in a safe and environmentally friendly manner, promoting responsible use of these products.


Official website here: www.takebackfoundation.org

Who is the CEO of Drug Takeback Solutions Foundation?

Chris Smith is the President of Drug Takeback Solutions Foundation.


Official website here: www.takebackfoundation.org

What is the revenue of Drug Takeback Solutions Foundation?

Drug Takeback Solutions Foundation's revenue in 2022 was $826,693.


Official website here: www.takebackfoundation.org

Who are the executives of Drug Takeback Solutions Foundation and what are their salaries?

Here are 6 key members and their salaries:

    Robert Carter (Director)
  • Compensation: $10,000
  • Related: $0
  • Other: $0

    • Susan Jones (Director)
  • Compensation: $10,000
  • Related: $0
  • Other: $0

    • Joyce Ballack (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Chris Smith (President)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lee Smith (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jon Pierce (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.takebackfoundation.org

    Where can I find the form 990 for Drug Takeback Solutions Foundation?

    The Drug Takeback Solutions Foundation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.takebackfoundation.org

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

    Mission Statement of Drug Takeback Solutions Foundation

    The Drug Takeback Solutions Foundation, a nonprofit organization exempt from federal income tax under Section 501(C)(3) of the Internal Revenue Code, carries out various charitable and educational programs and activities. Its primary mission is to represent manufacturers of drugs, both prescription and non-prescription, branded and generic, herbal remedies, drug products, biologics, medical devices, and any similar products. The foundation's main objective is to plan and operate drug take-back programs and similar drug stewardship laws. The Drug Takeback Solutions Foundation aims to ensure the safe disposal of unused medications, thereby preventing misuse, abuse, and environmental harm.

    Impact

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




    Saturday, July 20, 2024

    Drug Takeback Solutions Foundation's impact includes providing an efficient system for the collection, shipping, and destruction of unwanted medications that comply with local and state regulations. In 2022, the foundation facilitated the return of 647 drug liners in Oregon, totaling 15,118.07 pounds. This initiative contributes to the promotion of responsible prescription drug disposal and helps prevent potential harm to individuals and the environment.





    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: $0
  • Program Service Revenue: $811,671
  • Gross Receipts: $826,693

    • Assets and Liabilities:
  • Total Assets: $66,569
  • Total Liabilities: $169,097
  • Net Assets: -$102,528
  • Programs

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

    ANNUAL PARTICIPANT FEE

    Revenue

    $811,671

    Organization Details

    Founding Year

    2021

    Principal Officer

    Chris Smith

    Main Address

    ONE WEST FOURTH STREET 500, WINSTONSALEM, NC, 27101

    NTEE Category

    Code: E70 - Health

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