Nycrx

Nycrx

Brooklyn, NY 11211
Tax ID33-1177682

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About this organization

Revenue

$226,633

Expenses

$717,221

Website

nycrx.org

Mission

to provide access to low-cost prescriptions to the medically underserved, and to support eligible safety net providers in maximizing the use of the 340b drug discount program.

About

340b management is the by far the main programmatic service area for nycrx. We manage the 340b programs for federally qualified health centers (fqhcs) and disproportionate share hospitals (dsh). Our invoicing is based on prescription volume at our client sites, and is thus a reflection of our level of activity. In 2018-2019 we invoiced approximately $225,548

Interesting data from their 2020 990 filing

The filing clearly states the mission of the non-profit as “To provide access to low-cost prescriptions to the medically underserved, and to support eligible safety net providers in maximizing the use of the 340b drug discount program.”.

When outlining its functions, they were explained as: “To provide access to low-cost prescriptions to the medically underserved, and to support eligible safety net providers in maximizing the use of the 340b drug discount program.”.

  • In compliance with legal regulations, the non-profit has reported their state of operation as NY.
  • The filing records the non-profit's address for 2020 as 147A MASPETH AVE, BROOKLYN, NY, 11211.
  • As of 2020, the non-profit's form reports a total of 0 employees.
  • Is not a private foundation.
  • Expenses are greater than $1,000,000.
  • Revenue is between $100,000 and $250,000.
  • Revenue less expenses is -$490,588.
  • The organization has 4 independent voting members.
  • The organization was formed in 2007.
  • The organization pays $181,272 in salary, compensation, and benefits to its employees.
  • The organization pays $0 in fundraising expenses.

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