United States Pharmacopeial Convention Inc in Rockville, Maryland (MD)

United States Pharmacopeial Convention Inc
Employer Identification Number (EIN)	131656692
Name of Organization	United States Pharmacopeial Convention Inc
In Care of Name	James P Thompson
Address	12601 Twinbrook Pkwy, Rockville, MD 20852-1717
Activities	Other scientific research activities, Publishing activities, Testing products for public safety
Subsection	Charitable Organization
Ruling Date	03/1959
Deductibility	Contributions are deductible
Foundation	Organization that normally receives no more than one third of its support from gross investment income and unrelated business income and at the same time more than one third of its support from contributions, fees, and gross receipts related to exempt purposes
Organization	Corporation
Exempt Organization Status	Unconditional Exemption
Tax Period	06/2013
Assets	$50,000,000 to greater
Income	$50,000,000 to greater
Filing Requirement	990 (all other) or 990EZ return
Asset Amount	$370,131,138
Amount of Income	$195,960,260
Form 990 Revenue Amount	$184,074,691
National Taxonomy of Exempt Entities (NTEE)	Health - General and Rehabilitative: Research Institutes and/or Public Policy Analysis

Non-representatives - add comments:

Amount of income in 2013: $195,960,260

United States Pharmacopeial Convention Inc:	$195,960,260
Other organizations performing similar types of work:	$13,693,751

Assets in 2013: $370,131,138

United States Pharmacopeial Convention Inc:	$370,131,138
Other organizations performing similar types of work:	$11,384,306

Expenses in 2013: $177,395,302

This organization:	$177,395,302
Other organizations performing similar types of work:	$7,300,836

Income to expenses ratio in 2013: 1.1

United States Pharmacopeial Convention Inc:	1.1
Other organizations performing similar types of work:	1.9

Expenses allocated to program services in 2007: 54.7%

United States Pharmacopeial Convention Inc:	54.7%
Other organizations performing similar types of work:	85.2%

Number of employees in 2013: 627

United States Pharmacopeial Convention Inc:	627
Other organizations performing similar types of work:	52

Employees paid over $100,000 in 2013: 45.9%

United States Pharmacopeial Convention Inc:	45.9%
Other organizations performing similar types of work:	0.0%

Grants share in income in 2013: 5.8%

This organization:	5.8%
Other organizations performing similar types of work:	47.6%

Financial snapshot ($)

Revenue for 2013

Assets at the end of 2013

Functional expenses for 2013

Support schedule

	2012	2013
Checklist
Is the organization described in section 501(c)(3) or 4947(a)(1) (other than a private foundation)?	No	No
Is the organization required to complete Schedule B, Schedule of Contributors?	Yes	Yes
Did the organization engage in direct or indirect political campaign activities on behalf of or in opposition to candidates for public office?	No	No
Did the organization engage in lobbying activities, or have a section 501(h) election in effect during the tax year?	No	No
Is the organization a section 501(c)(4), 501(c)(5), or 501(c)(6) organization that receives membership dues, assessments, or similar amounts as defined in Revenue Procedure 98-19?	No	No
Did the organization maintain any donor advised funds or any similar funds or accounts for which donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts?	No	No
Did the organization receive or hold a conservation easement, including easements to preserve open space, the environment, historic land areas, or historic structures?	No	No
Did the organization maintain collections of works of art, historical treasures, or other similar assets?	No	No
Did the organization report an amount for escrow or custodial account liability; serve as a custodian or provide credit counseling, debt management, credit repair, or debt negotiation services?	No	No
Did the organization, directly or through a related organization, hold assets in temporarily restricted endowments, permanent endowments, or quasi-endowments?	No	No
Did the organization report an amount for land, buildings, and equipment?	Yes	Yes
Did the organization report an amount for investments-other securities that is 5% or more of its total assets?	No	No
Did the organization report an amount for investments-program related that is 5% or more of its total assets?	No	No
Did the organization report an amount for other assets that is 5% or more of its total assets?	Yes	Yes
Did the organization report an amount for other liabilities?	No	No
Did the organization's separate or consolidated financial statements for the tax year include a footnote that addresses the organization's liability for uncertain tax positions under FIN 48 (ASC 740)?	No	Yes
Did the organization obtain separate, independent audited financial statements for the tax year?	No	No
Was the organization included in consolidated, independent audited financial statements for the tax year?	Yes	Yes
Is the organization a school described in section 170(b)(1)(A)(ii)?	No	No
Did the organization maintain an office, employees, or agents outside of the United States?	No	No
Did the organization have aggregate revenues or expenses of more than $10,000 from grantmaking, fundraising, business, investment, and program service activities outside the United States, or aggregate foreign investments valued at $100,000 or more?	No	No
Did the organization report more than $5,000 of grants or other assistance to or for any foreign organization?	No	No
Did the organization report more than $5,000 of aggregate grants or other assistance to or for foreign individuals?	No	No
Did the organization report a total of more than $15,000 of expenses for professional fundraising services?	No	No
Did the organization report more than $15,000 total of fundraising event gross income and contributions?	No	No
Did the organization report more than $15,000 of gross income from gaming activities?	No	No
Did the organization operate one or more hospital facilities?	No	No
Did the organization attach a copy of its audited financial statements?	No	No
Did the organization report more than $5,000 of grants or other assistance to any domestic organization or domestic government?	Yes	Yes
Did the organization report more than $5,000 of grants or other assistance to or for domestic individuals?	Yes	Yes
Did the organization answer 'Yes' about compensation of the organization's current and former officers, directors, trustees, key employees, and highest compensated employees?	Yes	Yes
Did the organization have a tax-exempt bond issue with an outstanding principal amount of more than $100,000 as of the last day of the year, that was issued after December 31, 2002?	Yes	Yes
Did the organization invest any proceeds of tax-exempt bonds beyond a temporary period exception?	No	No
Did the organization maintain an escrow account other than a refunding escrow at any time during the year to defease any tax-exempt bonds?	No	No
Did the organization act as an 'on behalf of' issuer for bonds outstanding at any time during the year?	No	No
Did the organization engage in an excess benefit transaction with a disqualified person during the year?	No	No
Is the organization aware that it engaged in an excess benefit transaction with a disqualified person in a prior year, and that the transaction has not been reported on any of the organization's prior Forms 990 or 990-EZ?	No	No
Did the organization report any amount for receivables from or payables to any current or former officers, directors, trustees, key employees, highest compensated employees, or disqualified persons?	No	No
Did the organization provide a grant or other assistance to an officer, director, trustee, key employee, substantial contributor or employee thereof, a grant selection committee member, or to a 35% controlled entity or family member of any of these persons?	No	No
Was the organization a party to a business transaction with one of the following parties
A current or former officer, director, trustee, or key employee?	Yes	No
A family member of a current or former officer, director, trustee, or key employee?	No	No
An entity of which a current or former officer, director, trustee, or key employee (or a family member thereof) was an officer, director, trustee, or direct or indirect owner?	No	No
Did the organization receive more than $25,000 in non-cash contributions?	Yes	Yes
Did the organization receive contributions of art, historical treasures, or other similar assets, or qualified conservation contributions?	No	No
Did the organization liquidate, terminate, or dissolve and cease operations?	No	No
Did the organization sell, exchange, dispose of, or transfer more than 25% of its net assets?	No	No
Did the organization own 100% of an entity disregarded as separate from the organization under Regulations sections 301.7701-2 and 301.7701-3?	Yes	Yes
Was the organization related to any tax-exempt or taxable entity?	Yes	Yes
Did the organization have a controlled entity within the meaning of section 512(b)(13)?	Yes	Yes
Did the organization make any transfers to an exempt non-charitable related organization?	No	No
Did the organization conduct more than 5% of its activities through an entity that is not a related organization and that is treated as a partnership for federal income tax purposes?	No	No

	2011	2012	2013
Statements Regarding Other IRS Filings and Tax Compliance
The number reported in Box 3 of Form 1096		147	62
The number of Forms W-2G		0	0
Did the organization comply with backup withholding rules for reportable payments to vendors and reportable gaming (gambling) winnings to prize winners?		Yes	Yes
The number of employees reported on Form W-3, Transmittal of Wage and Tax Statements, filed for the calendar year ending with or within the year covered by this return		573	627
Did the organization file all required federal employment tax returns?		Yes	Yes
Did the organization have unrelated business gross income of $1,000 or more during the year?	Yes	No	No
Has it filed a Form 990-T for this year?		No	No
At any time during the calendar year, did the organization have an interest in, or a signature or other authority over, a financial account in a foreign country (such as a bank account, securities account, or other financial account)?		Yes	Yes
Was the organization a party to a prohibited tax shelter transaction at any time during the tax year?		No	No
Did any taxable party notify the organization that it was or is a party to a prohibited tax shelter transaction?		No	No
Did the organization file Form 8886-T?		No	No
Does the organization have annual gross receipts that are normally greater than $100,000, and did the organization solicit any contributions that were not tax deductible as charitable contributions?		No	No
Did the organization include with every solicitation an express statement that such contributions or gifts were not tax deductible?		No	No
Did the organization receive a payment in excess of $75 made partly as a contribution and partly for goods and services provided to the payor?		No	No
Did the organization notify the donor of the value of the goods or services provided?		No	No
Did the organization sell, exchange, or otherwise dispose of tangible personal property for which it was required to file Form 8282?		No	No
Did the organization receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?		No	No
Did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract?		No	No
If the organization received a contribution of qualified intellectual property, did the organization file Form 8899 as required?		No	No
If the organization received a contribution of cars, boats, airplanes, or other vehicles, did the organization file a Form 1098-C?		No	No
Did a donor advised fund maintained by the sponsoring organization have excess business holdings at any time during the year?		No	No
Did the sponsoring organization make any taxable distributions under section 4966?		No	No
Did the sponsoring organization make a distribution to a donor, donor advisor, or related person?		No	No
Initiation fees and capital contributions	$0	$0	$0
Gross receipts for public use of club facilities	$0	$0	$0
Gross income from members or shareholders	$0	$0	$0
Gross income from other sources	$0	$0	$0
Is the organization filing Form 990 in lieu of Form 1041?		No	No
The amount of tax-exempt interest received or accrued during the year		$0	$0
Is the organization licensed to issue qualified health plans in more than one state?		No	No
The amount of reserves the organization is required to maintain by the states in which the organization is licensed to issue qualified health plans		$0	$0
The amount of reserves on hand		$0	$0
Did the organization receive any payments for indoor tanning services during the tax year?		No	No
Has it filed a Form 720 to report these payments?		No	No

	2012	2013
Compensation of Officers, Directors, Trustees, Key Employees, Highest Compensated Employees, and Independent Contractors
Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees
Total reportable compensation from the organization	$5,323,828	$5,941,657
Total reportable compensation from related organizations	$0	$0
Total estimated amount of other compensation from the organization and related organizations	$414,410	$775,838
Total number of individuals who received more than $100,000 of reportable compensation from the organization	232	268
Total number of independent contractors who received more than $100,000 of compensation from the organization	6	20

	2011	2012	2013
Statement of Revenue
Total revenue	$150,137,284	$162,710,337	$184,074,691
Contributions, Gifts, Grants and Other Similar Amounts	$11,476,249	$12,058,237	$10,666,763
Program Service Revenue	$134,007,316	$148,646,258	$165,964,538
511190		$145,699,206	$162,958,584
900099		$2,525,645	$2,606,201
900099		$421,407	$399,753
All other program service revenue		$0	$0
Other Revenue
Investment income (including dividends, interest, and other similar amounts)	$3,032,225	$2,891,244	$2,733,940
Income from investment of tax-exempt bond proceeds	$0	$0	$0
Royalties	$141,543	$329,002	$136,815
Net rental income	$97,241	$101,126	$23,826
Gross rents (Real / Personal)	$0 / $97,241	$0 / $101,126	$23,826 / $0
Less: rental expenses (Real / Personal)	$0 / $0	$0 / $0	$0 / $0
Rental income or (loss) (Real / Personal)	$0 / $97,241	$0 / $101,126	$23,826 / $0
Net gain/loss from sales of assets other than inventory	$1,382,710	$-1,315,530	$1,262,719
Gross amount from sales of assets other than inventory (Securities / Other)	$67,068,375 / $0	$41,991,523 / $0	$13,148,288 / $0
Less: cost or other basis and sales expenses (Securities / Other)	$65,685,665 / $0	$43,307,053 / $0	$11,885,569 / $0
Gain or (loss) (Securities / Other)	$1,382,710 / $0	$-1,315,530 / $0	$1,262,719 / $0
Net income/loss from fundraising events	$0	$0	$0
Net income/loss from gaming activities	$0	$0	$0
Net income/loss from sales of inventory	$0	$0	$0
Miscellaneous Revenue	$0	$0	$3,286,090
900099		$0	$3,286,090
All other revenue		$0	$0

	2011	2012	2013
Statement of Functional Expenses
Total functional expenses	$134,355,260	$154,334,279	$177,395,302
Grants and other assistance to domestic organizations and domestic governments		$73,500	$103,300
Grants and other assistance to domestic individuals		$170,000	$150,000
Grants and other assistance to foreign organizations, foreign governments, and foreign individuals		$0	$5,000
Benefits paid to or for members		$0	$0
Compensation of current officers, directors, trustees, and key employees	$3,521,467	$2,856,358	$4,550,851
Compensation not included above, to disqualified persons		$1,943,408	$0
Other salaries and wages	$48,514,703	$57,696,782	$65,686,436
Pension plan accruals and contributions		$4,702,270	$5,527,860
Other employee benefits		$5,426,212	$6,539,883
Payroll taxes	$3,228,357	$3,741,730	$4,127,907
Fees for services (non-employees)
Management		$0	$0
Legal		$830,554	$972,527
Accounting		$280,700	$222,620
Lobbying		$120,000	$69,122
Professional fundraising services	$0	$0	$0
Investment management fees		$345,542	$356,205
Other		$5,481,728	$7,212,046
Advertising and promotion		$1,381,279	$1,040,764
Office expenses		$3,125,532	$3,952,493
Information technology		$2,621,029	$2,934,456
Royalties		$0	$0
Occupancy		$3,120,034	$2,975,712
Travel		$4,344,379	$4,204,103
Payments of travel or entertainment expenses for any federal, state, or local public officials		$0	$0
Conferences, conventions, and meetings		$3,289,464	$4,550,313
Interest		$1,237,785	$3,231,308
Payments to affiliates		$20,518,095	$25,648,985
Depreciation, depletion, and amortization		$7,178,320	$8,767,776
Insurance		$783,623	$705,487
Other expenses		$11,180,033	$13,402,318
Other expenses		$3,129,219	$2,467,676
Other expenses		$2,571,608	$2,607,745
Other expenses		$1,573,538	$1,835,258
Other expenses		$4,611,557	$3,547,151

	2011	2012	2013
Balance Sheet
Total assets	$328,951,146	$331,521,478	$370,131,138
Cash - non-interest-bearing		$21,407,768	$15,960,681
Savings and temporary cash investments		$7,866,074	$3,441,343
Pledges and grants receivable, net		$2,716,439	$2,727,927
Accounts receivable, net		$14,331,719	$43,067,646
Loans and other receivables from current and former officers, directors, trustees, key employees, and highest compensated employees		$0	$0
Loans and other receivables from other disqualified persons, persons described in section 4958(c)(3)(B), and contributing employers and sponsoring organizations of section 501(c)(9) voluntary employees' beneficiary organizations		$0	$0
Notes and loans receivable, net		$0	$0
Inventories for sale or use		$53,670,716	$49,024,356
Prepaid expenses and deferred charges		$3,228,767	$3,086,743
Land, buildings, and equipment: cost or other basis		$117,377,757	$119,200,035
Investments - publicly traded securities		$72,591,289	$84,077,147
Investments - other securities		$12,729,669	$12,871,925
Investments - program-related		$0	$0
Intangible assets		$0	$0
Other assets		$25,601,280	$36,673,335
Total liabilities	$150,636,926	$145,836,622	$174,080,212
Accounts payable and accrued expenses		$27,691,199	$37,448,067
Grants payable		$0	$0
Deferred revenue		$2,588,705	$2,946,422
Tax-exempt bond liabilities	$109,250,000	$109,360,000	$109,360,000
Escrow or custodial account liability		$0	$0
Loans and other payables to current and former officers, directors, trustees, key employees, highest compensated employees, and disqualified persons		$0	$0
Secured mortgages and notes payable to unrelated third parties	$13,190,000	$6,196,718	$24,325,723
Unsecured notes and loans payable to unrelated third parties	$0	$0	$0
Other liabilities (including federal income tax, payables to related third parties, and other liabilities)		$0	$0
Total net assets or fund balances	$178,314,220	$185,684,856	$196,050,926
Unrestricted net assets		$185,684,856	$196,050,926
Temporarily restricted net assets		$0	$0
Permanently restricted net assets		$0	$0
Capital stock or trust principal, or current funds		$0	$0
Paid-in or capital surplus, or land, building, or equipment fund		$0	$0
Retained earnings, endowment, accumulated income, or other funds	$0	$0	$0

Reason for Public Charity Status (for 2013)
The organization is not a private foundation because it is:	An organization that normally receives: (1) more than 33 1/3 % of its support from contributions, membership fees, and gross receipts from activities related to its exempt functions - subject to certain exceptions, and (2) no more than 33 1/3 % of its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses acquired by the organization after June 30, 1975
Number of organizations supported	0
Sum of amounts of support	$0

	2009 - 2013 Total
Support Schedule for Organizations Described in Section 509(a)(2) (for 2009 - 2013)
Public support	$801,295,390
Subtotal	$801,295,390
Gifts, grants, contributions, and membership fees received	$124,087,288
Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose	$677,176,977
Gross receipts from activities that are not an unrelated trade or business under section 513	$31,125
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf	$0
The value of services or facilities furnished by a governmental unit to the organization without charge	$0
Less	$0
Amounts received from disqualified persons	$0
Amounts received from other than disqualified persons that exceed the greater of $5,000 or 1% of the total support	$0
Total support	$818,743,181
Public support	$801,295,390
Subtotal	$14,107,578
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources	$14,107,578
Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975	$0
Net income from unrelated business activities, whether or not the business is regularly carried on	$0
Other income	$3,340,213

	2000	2001	2002	2003	2004	2005	2006	2007
Revenue, Expenses, and Changes in Net Assets or Fund Balances
Total revenue	$44,236,596	$51,778,156	$62,322,157	$75,919,572	$88,026,845	$91,347,341	$109,424,987	$137,213,002
Contributions, gifts, grants, and similar amounts received	$2,692,542	$6,605,909	$8,541,447	$11,985,682	$12,116,668	$8,912,384	$11,772,541	$26,931,741
Contributions to donor advised funds							$0	$0
Direct public support	$2,692,542	$6,605,909	$8,541,447	$11,985,682	$12,116,668	$8,912,384	$11,772,541	$26,931,741
Indirect public support	$0	$0	$0	$0	$0	$0	$0	$0
Government contributions (grants)	$0	$0	$0	$0	$0	$0	$0	$0
Program service revenue including government fees and contracts	$38,517,567	$45,313,114	$51,118,119	$60,535,704	$69,355,715	$78,008,677	$90,362,415	$103,539,671
Membership dues and assessments	$0	$0	$0	$0	$0	$0	$0	$0
Interest on savings and temporary cash investments	$127,310	$78,292	$26,644	$17,642	$66,768	$120,374	$187,076	$93,774
Dividends and interest from securities	$1,874,055	$350,494	$1,840,586	$1,883,203	$1,745,072	$1,696,615	$2,405,811	$2,734,015
Net rental income or (loss)	$-22,619	$0	$0	$0	$0	$0	$0	$0
Gross rents	$96,685	$0	$0	$0	$0	$0	$0	$0
Less: rental expenses	$119,304	$0	$0	$0	$0	$0	$0	$0
Other investment income	$0	$0	$0	$0	$0	$0	$222,336	$303,369
Gain or (loss) from sales of assets other than inventory	$10,365	$-1,833,080	$-197,361	$431,627	$3,893,519	$1,638,589	$3,474,914	$3,284,620
Gross amount from sales of assets other than inventory	$6,941,365	$38,159,787	$12,967,291	$9,424,839	$110,686,117	$40,551,981	$106,996,683	$126,111,770
Less: cost or other basis and sales expenses	$6,931,000	$39,992,867	$13,164,652	$8,993,212	$106,792,598	$38,913,392	$103,521,769	$122,827,150
Net income or (loss) from special events and activities	$0	$0	$0	$0	$0	$0	$0	$0
Gross revenue	$0	$0	$0	$0	$0	$0	$0	$0
Less: direct expenses other than fundraising expenses	$0	$0	$0	$0	$0	$0	$0	$0
Gross profit or (loss) from sales of inventory	$0	$0	$0	$0	$0	$0	$0	$0
Gross sales of inventory, less returns and allowances	$0	$0	$0	$0	$0	$0	$0	$0
Less: cost of goods sold	$0	$0	$0	$0	$0	$0	$0	$0
Other revenue	$1,037,376	$1,263,427	$992,722	$1,065,714	$849,103	$970,702	$999,894	$325,812
Total expenses	$37,691,980	$47,060,342	$58,622,247	$62,366,247	$71,927,665	$83,178,571	$89,400,017	$114,097,259
Program services	$22,239,154	$28,377,633	$38,018,799	$37,689,746	$43,255,214	$52,375,240	$51,042,695	$62,392,902
Management and general	$15,452,826	$18,682,709	$20,603,448	$24,676,501	$28,672,451	$30,653,202	$38,184,141	$51,458,017
Fundraising	$0	$0	$0	$0	$0	$150,129	$173,181	$246,340
Payments to affiliates	$0	$0	$0	$0	$0	$0	$0	$0
Net assets or fund balances at end of year	$79,355,379	$83,936,604	$89,895,067	$106,012,290	$111,905,596	$128,709,433	$152,669,903	$153,942,413
Excess or (deficit) for the year	$6,544,616	$4,717,814	$3,699,910	$13,553,325	$16,099,180	$8,168,770	$20,024,970	$23,115,743
Net assets or fund balances at beginning of year	$75,283,706	$79,355,379	$83,936,604	$89,895,067	$106,012,290	$111,905,596	$128,709,433	$152,669,903
Other changes in net assets or fund balances	$-2,472,943	$-136,589	$2,258,553	$2,563,898	$-10,205,874	$8,635,067	$3,935,500	$-21,843,233

	Total	Program services	Management and general	Fundraising
Statement of Functional Expenses (for 2007)
Total functional expenses	$114,097,259	$62,392,902	$51,458,017	$246,340
Grants paid from donor advised funds		$0
Other grants and allocations		$354,344
Specific assistance to individuals		$0
Benefits paid to or for members		$0
Compensation of current officers, directors, key employees, etc.	$2,856,519	$828,963	$2,027,556	$0
Compensation of former officers, directors, key employees, etc.	$0	$0	$0	$0
Compensation and other distributions, not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)	$0	$0	$0	$0
Salaries and wages of employees not included above	$37,935,251	$23,040,492	$14,702,546	$192,213
Pension plan contributions not included above	$0	$0	$0	$0
Employee benefits not included above	$14,870,530	$10,610,803	$4,205,600	$54,127
Payroll taxes	$2,829,611	$0	$2,829,611	$0
Professional fundraising fees	$0	$0	$0	$0
Accounting fees	$169,493	$0	$169,493	$0
Legal fees	$626,461	$1,484	$624,977	$0
Supplies	$2,198,653	$1,551,257	$647,396	$0
Telephone	$584,895	$120,319	$464,576	$0
Postage and shipping	$567,315	$58,785	$508,530	$0
Occupancy	$3,456,401	$31,098	$3,425,303	$0
Equipment rental and maintenance	$2,160,970	$121,769	$2,039,201	$0
Printing and publications	$559,008	$286,249	$272,759	$0
Travel	$2,606,010	$1,450,336	$1,155,674	$0
Conferences, conventions, and meetings	$2,714,811	$2,167,304	$547,507	$0
Interest	$3,614,623	$0	$3,614,623	$0
Depreciation, depletion, etc.	$6,546,840	$0	$6,546,840	$0
Other expenses not covered above	$29,445,524	$21,769,699	$7,675,825	$0

	2000	2001	2002	2003	2004	2005	2006	2007
Balance Sheets
Total assets	$96,398,456	$105,097,348	$111,402,917	$131,259,973	$224,241,383	$235,968,984	$267,730,834	$282,156,816
Cash - non-interest-bearing	$5,287,804	$6,781,002	$3,600,469	$4,381,006	$5,010,589	$5,013,083	$13,575,013	$3,331,841
Savings and temporary cash investments	$589,447	$1,681,488	$2,733,804	$2,100,550	$4,205,720	$4,788,766	$4,435,176	$1,934,725
Accounts receivable less allowance for doubtful accounts	$3,983,611	$4,938,837	$4,535,512	$5,946,329	$5,563,137	$6,730,650	$6,677,108	$8,125,362
Pledges receivable less allowance for doubtful accounts	$0	$0	$0	$0	$0	$0	$0	$0
Grants receivable	$228,059	$441,296	$712,862	$929,830	$819,319	$1,021,612	$1,089,678	$407,343
Receivables from current and former officers, directors, trustees, and key employees	$0	$0	$0	$0	$0	$0	$0	$0
Receivables from other disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)							$0	$0
Other notes and loans receivable less allowance for doubtful accounts	$0	$0	$0	$0	$0	$0	$0	$0
Inventories for sale or use	$19,748,847	$24,834,686	$26,360,342	$34,688,967	$42,992,098	$44,176,164	$52,146,746	$70,726,999
Prepaid expenses and deferred charges	$968,969	$706,163	$1,424,642	$1,402,599	$1,851,001	$1,376,636	$2,232,685	$2,372,016
Investments - publicly-traded securities							$81,405,373	$65,995,110
Investments - other securities	$44,077,182	$42,854,190	$49,134,044	$58,076,922	$61,724,048	$68,195,529	$0	$7,920,000
Investments - land, buildings, and equipment less accumulated depreciation	$0	$0	$0	$0	$0	$0	$0	$0
Investments - other	$0	$0	$0	$0	$0	$0	$3,858,594	$7,342,292
Land, buildings, and equipment less accumulated depreciation	$21,486,964	$22,738,653	$22,790,024	$23,631,968	$29,662,677	$52,387,089	$98,515,494	$110,475,149
Other assets, including program-related investments	$27,573	$121,033	$111,218	$101,802	$72,412,794	$52,279,455	$3,794,967	$3,525,979
Total liabilities	$17,043,077	$21,160,744	$21,507,850	$25,247,683	$112,335,787	$107,259,551	$115,060,931	$128,214,403
Accounts payable and accrued expenses	$6,066,072	$8,503,416	$9,159,989	$12,752,725	$13,387,377	$16,031,270	$13,667,123	$15,674,333
Grants payable	$0	$0	$0	$0	$0	$0	$0	$0
Deferred revenue	$802,005	$2,823,995	$2,914,528	$3,461,625	$3,339,943	$3,733,281	$3,798,808	$3,411,730
Loans from officers, directors, trustees, and key employees	$0	$0	$0	$0	$0	$0	$0	$0
Tax-exempt bond liabilities	$0	$0	$0	$0	$0	$0	$0	$0
Mortgages and other notes payable	$10,175,000	$9,833,333	$9,433,333	$9,033,333	$87,495,000	$87,495,000	$97,595,000	$102,612,694
Other liabilities	$0	$0	$0	$0	$8,113,467	$0	$0	$6,515,646
Total liabilities and net assets/fund balances	$96,398,456	$105,097,348	$111,402,917	$131,259,973	$224,241,383	$235,968,984	$267,730,834	$282,156,816
Total net assets or fund balances	$79,355,379	$83,936,604	$89,895,067	$106,012,290	$111,905,596	$128,709,433	$152,669,903	$153,942,413

	2000	2001	2002	2003	2004	2005	2006	2007
Reconciliation of Revenue per Audited Financial Statements With Revenue per Return
Total revenue	$44,236,596	$51,778,156	$62,322,157	$75,919,572	$88,026,845	$91,347,341	$109,424,987	$137,213,002
Total revenue, gains, and other support per audited financial statements	$45,899,563	$55,785,085	$69,030,318	$85,551,752	$92,617,289	$109,371,161	$123,476,920	$139,441,946
Other expenses	$1,717,901	$4,050,674	$6,818,165	$9,737,284	$4,815,902	$9,517,550	$14,052,302	$2,696,088
Net unrealized gains on investments	$-2,472,943	$-136,589	$2,258,553	$2,563,898	$-2,092,407	$2,872,870	$5,220,971	$-8,590,402
Donated services and use of facilities	$4,071,540	$4,187,263	$4,559,612	$7,173,386	$6,908,309	$7,002,805	$8,957,073	$10,909,721
Recoveries of prior year grants	$0	$0	$0	$0	$0	$4,711	$369	$0
Other	$119,304	$0	$0	$0	$0	$-362,836	$-126,111	$376,769
Other revenue	$54,934	$43,745	$110,004	$105,104	$225,458	$-8,506,270	$369	$467,144
Investment expenses	$54,934	$43,745	$110,004	$105,104	$225,458	$0	$0	$0
Other	$0	$0	$0	$0	$0	$-8,506,270	$369	$467,144

	2000	2001	2002	2003	2004	2005	2006	2007
Reconciliation of Expenses per Audited Financial Statements With Expenses per Return
Total expenses	$37,691,980	$47,060,342	$58,622,247	$62,366,247	$71,927,665	$83,178,571	$89,400,017	$114,097,259
Total expenses and losses per audited financial statements	$41,827,890	$51,203,860	$63,071,855	$69,434,529	$86,723,983	$90,960,181	$101,123,593	$138,169,436
Other revenue	$4,190,844	$4,187,263	$4,559,612	$7,173,386	$15,021,776	$8,144,446	$12,150,822	$24,539,321
Donated services and use of facilities	$4,071,540	$4,187,263	$4,559,612	$7,173,386	$6,908,309	$7,002,805	$8,957,073	$10,909,721
Prior year adjustments	$0	$0	$0	$0	$0	$0	$0	$0
Losses	$0	$0	$0	$0	$8,113,467	$0	$0	$0
Other	$119,304	$0	$0	$0	$0	$1,141,641	$3,193,749	$13,629,600
Other expenses	$54,934	$43,745	$110,004	$105,104	$225,458	$362,836	$427,246	$467,144
Investment expenses	$54,934	$43,745	$110,004	$105,104	$225,458	$0	$0	$0
Other	$0	$0	$0	$0	$0	$362,836	$427,246	$467,144

Average hours per week devoted to position	Compensation	Contributions to employee benefit plans & deferred compensation plans	Expense account and other allowances
Current Officers, Directors, Trustees, and Key Employees
38	$594,155	$68,967	$0
38	$495,862	$68,779	$0
38	$300,000	$14,159	$0
38	$351,860	$53,550	$0
38	$326,400	$48,949	$0
38	$252,115	$12,208	$0
38	$233,270	$36,244	$0

Total number of officers, directors, and trustees permitted to vote on organization business at board meetings	11
Are any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, related to each other through family or business relationships?	No
Do any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, receive compensation from any other organizations, whether tax exempt or taxable, that are related to the organization?	No
Does the organization have a written conflict of interest policy?	Yes

Other Information
Did the organization have unrelated business gross income of $1,000 or more during the year covered by this return, and has it filed a tax return on Form 990-T for this year?	No
Was there a liquidation, dissolution, termination, or substantial contraction during the year?	No
Is the organization related (other than by association with a statewide or nationwide organization) through common membership, governing bodies, trustees, officers, etc., to any other exempt or nonexempt organization?	Yes
Direct and indirect political expenditures	$0
Did the organization file Form 1120-POL for this year?	No
Were substantially all dues nondeductible by members?
Did the organization make only in-house lobbying expenditures of $2,000 or less?
Dues, assessments, and similar amounts from members	$0
Section 162(e) lobbying and political expenditures	$0
Aggregate nondeductible amount of section 6033(e)(1)(A) dues notices	$0
Taxable amount of lobbying and political expenditures	$0
Does the organization elect to pay the section 6033(e) tax on the amount above?
If section 6033(e)(1)(A) dues notices were sent, does the organization agree to add the amount above to its reasonable estimate of dues allocable to nondeductible lobbying and political expenditures for the following tax year?
Initiation fees and capital contributions	$0
Gross receipts for public use of club facilities	$0
At any time during the year, did the organization, directly or indirectly, own a controlled entity within the meaning of section 512(b)(13)?	Yes
Amount of tax imposed on the organization during the year under: section 4911	$0
Amount of tax imposed on the organization during the year under: section 4912	$0
Amount of tax imposed on the organization during the year under: section 4955	$0
Did the organization engage in any section 4958 excess benefit transaction during the year or did it become aware of an excess benefit transaction from a prior year?	No
Amount of tax imposed on the organization managers or disqualified persons during the year under sections 4912, 4955, and 4958	$0
Amount of tax above, reimbursed by the organization	$0
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?	No
Did the organization acquire a direct or indirect interest in any applicable insurance contract?	No
Did the supporting organization, or a fund maintained by a sponsoring organization, have excess business holdings at any time during the year?	No
Number of employees employed in the pay period that includes March 12, 2006	446

	Unrelated business income		Excluded by section 512, 513, or 514		Related or exempt function income
Analysis of Income-Producing Activities (for 2007)
	Business code	Amount	Exclusion code	Amount	Related or exempt function income
Total		$0		$6,741,590	$103,539,671
Program service revenue
Program service revenue 1	000000	$0	00	$0	$80,587,095
Program service revenue 2	000000	$0	00	$0	$13,474,239
Program service revenue 3	000000	$0	00	$0	$2,603,697
Program service revenue 4	000000	$0	00	$0	$1,266,377
Program service revenue 5	000000	$0	00	$0	$878,833
Medicare/Medicaid payments	000000	$0	00	$0	$0
Fees and contracts from government agencies	000000	$0	00	$0	$4,729,430
Membership dues and assessments	000000	$0	00	$0	$0
Interest on savings and temporary cash investments	000000	$0	Dividends, interest, payments with respect to securities loans, annuities, income from notional principal contracts, loan commitment fees, and other substantially similar income from ordinary and routine investments excluded by section 512(b)(1)	$93,774	$0
Dividends and interest from securities	000000	$0	Dividends, interest, payments with respect to securities loans, annuities, income from notional principal contracts, loan commitment fees, and other substantially similar income from ordinary and routine investments excluded by section 512(b)(1)	$2,734,015	$0
Net rental income or (loss) from real estate
debt-financed property	000000	$0	00	$0	$0
not debt-financed property	000000	$0	00	$0	$0
Net rental income or (loss) from personal property	000000	$0	00	$0	$0
Other investment income	000000	$0	Dividends, interest, payments with respect to securities loans, annuities, income from notional principal contracts, loan commitment fees, and other substantially similar income from ordinary and routine investments excluded by section 512(b)(1)	$303,369	$0
Gain or (loss) from sales of assets other than inventory	000000	$0	Gain (or loss, to the extent allowed) from the sale of investments and other non-inventory property and from certain property acquired from financial institutions that are in conservatorship or receivership (sections 512(b)(5) and 512(b)(16)(A))	$3,284,620	$0
Net income or (loss) from special events	000000	$0	00	$0	$0
Gross profit or (loss) from sales of inventory	000000	$0	00	$0	$0
Other revenue	000000	$0	Royalty income excluded by section 512(b)(2)	$325,812	$0

EIN of corporation, partnership, or disregarded entity	Percentage of ownership interest	Total income	End-of-year assets
Information Regarding Taxable Subsidiaries and Disregarded Entities (for 2007)
131656692	100%	$124,985	$4,693,004
131656692	100%	$3,611,235	$3,032,412
131656692	100%	$2,577,266	$2,308,620
562515662	100%	$0	$0

Compensation	Contributions to employee benefit plans & deferred compensation	Expense account and other allowances
Compensation of the Five Highest Paid Employees Other Than Officers, Directors, and Trustees (for 2007)
$362,858	$18,126	$0
$315,054	$18,031	$0
$313,709	$13,443	$0
$278,487	$2,318	$0
$255,615	$6,642	$0

Total number of other employees paid over $50,000	394

Total number of other employees paid over $50,000

394

Statements About Activities (for 2007)
Expenses paid or incurred in connection with the lobbying activities	$205,166
Did the organization receive or hold an easement for conservation purposes, including easements to preserve open space, the environment, historic land areas or historic structures?	No
Did the organization provide credit counseling, debt management, credit repair, or debt negotiation services?	No
Did the organization maintain any donor advised funds?	No
Did the organization make any taxable distributions under section 4966?	No
Did the organization make a distribution to a donor, donor advisor, or related person?	No
The total number of donor advised funds owned at the end of the tax year	$0
The aggregate value of assets held in all donor advised funds owned at the end of the tax year	$0
The total number of separate funds or accounts owned at the end of the tax year (excluding donor advised funds included above) where donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts	$0
The aggregate value of assets held in all funds or accounts included above at the end of the tax year	$0

Reason for Non-Private Foundation Status
The organization is not a private foundation because it is	Organization that normally receives: less than 1/3 of its support from gross investment income and unrelated taxable business income and more than 1/3 of its support from contribution, membership fees

	1999	2000	2001	2002	2003	2004	2005	2006
Support Schedule
Total	$40,385,428	$44,437,276	$54,675,646	$62,741,807	$74,406,257	$84,505,347	$87,945,608	$105,647,686
Gifts, grants, and contributions received	$2,461,680	$2,692,542	$6,605,909	$8,541,447	$11,985,682	$12,227,179	$8,710,091	$11,704,475
Membership fees received	$0	$0	$0	$0	$0	$0	$0	$0
Gross receipts from admissions, merchandise sold or services performed, or furnishing of facilities in any activity that is related to the organization's charitable, etc., purpose	$33,986,598	$37,725,375	$45,606,462	$50,081,549	$59,454,016	$70,093,808	$76,447,826	$90,350,430
Gross income from interest, dividends, amounts received from payments on securities loans (section 512(a)(5)), rents, royalties, and unrelated business taxable income (less section 511 taxes) from businesses acquired by the organization after June 30, 1975	$3,175,224	$2,931,275	$1,205,622	$2,558,341	$2,531,130	$2,184,360	$1,816,989	$2,592,887
Net income from unrelated business activities not included above	$0	$0	$0	$0	$0	$0	$0	$0
Tax revenues levied for the organization's benefit and either paid to it or expended on its behalf	$0	$0	$0	$0	$0	$0	$0	$0
The value of services or facilities furnished to the organization by a governmental unit without charge. Do not include the value of services or facilities generally furnished to the public without charge	$0	$0	$0	$0	$0	$0	$0	$0
Other income	$761,926	$1,088,084	$1,257,653	$1,560,470	$435,429	$0	$970,702	$999,894

Lobbying Expenditures by Electing Public Charities (for 2007)
Total exempt purpose expenditures	$114,097,259
Total lobbying expenditures	$205,166
Total lobbying expenditures to influence public opinion (grassroots lobbying)	$0
Total lobbying expenditures to influence a legislative body (direct lobbying)	$205,166
Other exempt purpose expenditures	$113,892,093
Lobbying nontaxable amount	$1,000,000
Grassroots nontaxable amount	$250,000

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Id	Name	Address	State	Established	Total Income
Organizations performing similar types of work
1	City Of Hope, Parent	1500 Duarte Rd, Duarte, CA 91010-3012	CA	1985-04	$613,467,135
2	United States Pharmacopeial Convention Inc	12601 Twinbrook Pkwy, Rockville, MD 20852-1717	MD	1959-03	$195,960,260
3	Healtheast Medical Research Institute	559 Capitol Blvd, Saint Paul, MN 55103-2101	MN	1994-03	$151,628,040
4	University Of Kansas Medical Center Research Institute, Kumc Research Institute Inc	Mailstop 1039, Kansas City, KS 66160-0001	KS	1993-04	$114,389,809
5	The Research Institute Of The Mcgill University Health Centre	Montreal Qc H3h 2r9, Canada	international	1976-03	$81,479,876
6	Health Future Foundation	2500 California Plz, Omaha, NE 68178-0001	NE		$79,545,683
7	Rogosin Institute Inc	5046 East 74th St 5th Fl, New York, NY 10021	NY	2000-04	$73,309,860
8	New York Academy Of Medicine	1216 5th Ave, New York, NY 10029-5202	NY	1937-07	$33,863,932
9	Bloodcenter Research Foundation Inc	PO BOX 2178, Milwaukee, WI 53201-2178	WI	1981-02	$28,177,779
10	St Lukes Institute For Health Science	1111 Amsterdam Ave, New York, NY 10025-1716	NY	1977-12	$23,525,829
11	The National Alliance To Advance Adolescent Health	1615 M St Nw, Washington, DC 20036-3209	DC	2006-12	$489,850
12	Research And Education Foundation Of Atlanta Medical Center	303 Parkway Dr Ne, Atlanta, GA 30312-1212	GA	2009-05	$369,575
13	Health Solutions Research Incorporated	15200 Shady Grove Road, Rockville, MD 20850-3218	MD	2014-02	$165,336
14	City Of Hope, 0641 Judy Rose Chapter	1055 Wilshire Blvd 12th Floor, Los Angeles, CA 90017-2431	CA	1985-04	$825
15	City Of Hope, 1605 Legacias Chapter	1055 Wilshire Blvd 12th Flr, Los Angeles, CA 90017-2431	CA	1985-04	$149
16	Comsort Institute For Quality In Medicaid Inc	363 Homeland Southway Apt 3a, Baltimore, MD 21212-4137	MD	1997-01	$0
17	Foundation For Reproductive Medicine Inc	21 East 69th Street, New York, NY 10021-4917	NY	2007-02	$0
18	Prism Nsp Inc	5497 Broadway St, Lancaster, NY 14086-2219	NY	2003-10	$0
19	Southwest Center For Chronic Disease Inc	15720 N Greenway Hayden Loop Ste 3, Scottsdale, AZ 85260	AZ	2009-04	$0
20	University Obgyn Co Rrc Price Cpas Pc	133 Route 304, Bardonia, NY 10954	NY	1993-06	$0

Number of organizations performing similar types of work

Arizona	1
California	6
District of Columbia	1
Florida	1
Georgia	1
Kansas	1
Massachusetts	1
Maryland	3
Minnesota	1

Montana	1
North Carolina	2
Nebraska	1
New Jersey	1
New York	9
Texas	1
Washington	1
Wisconsin	2
International	1

Total

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