NATIONAL INSTITUTE FOR PHARMACEUTICAL TECHNOLOGY AND EDUCATION INC Charity Report

Public IRS 990 nonprofit record

NATIONAL INSTITUTE FOR PHARMACEUTICAL TECHNOLOGY AND EDUCATION INC

EIN 26-0636598 · Fund Raising & Fund Distribution - Philanthropy, Voluntarism, and Grantmaking (T12)

What they do

The National Institute for Pharmaceutical Technology and Education (NIPTE) is A Premier Consortium of Top Universities Working to Advance Pharmaceutical Science, Technology, and Manufacturing. We Collaborate With Industry and Regulatory Agencies to Drive Innovation, Enhance Drug Development Efficiency, and Strengthen The Pharmaceutical Workforce. Our Research and Education Initiatives Support Modernized Manufacturing, Regulatory Science, and Supply Chain Resilience--ensuring Safer, More Effective, and More Accessible Medicines for Patients. Through NIPTE, Industry Leaders and Policymakers Gain Access to Cutting-edge Science and Highly Skilled Talent Pipeline, Fostering A More Robust and Competitive Pharmaceutical Sector.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $90.90 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders17 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

89.99%of revenue went to mission work90.9% of expenses · Program services

$98.96spent for every $100 of revenueRevenue covered expenses this year.

8.98%of revenue went to management and office costs9.1% of expenses

$1.38in assets for every $1 spent this yearSome assets cannot be spent right away.

30.7%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $151,026 for R KIP GUY (BOARD MEMBER). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$3,485,704

Mission workProgram services$3,136,66789.99% of revenue90.9% of expenses

ManagementOffice and general costs$312,9068.98% of revenue9.1% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Revenue left after expensesReported annual surplus$36,1311.04% of revenueShown in gray on the chart

Total expenses$3,449,57398.96% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 90.9% mission · 9.1% management · 0.0% fundraisingTotal expenses: 98.96% of revenue

2023Expense mix: 95.1% mission · 4.9% management · 0.0% fundraisingTotal expenses: 131.52% of revenue

2022Expense mix: 80.9% mission · 19.1% management · 0.0% fundraisingTotal expenses: 105.17% of revenue

2021Expense mix: 95.7% mission · 4.3% management · 0.0% fundraisingTotal expenses: 115.32% of revenue

2020Expense mix: 89.8% mission · 10.2% management · 0.0% fundraisingTotal expenses: 101.85% of revenue

2017Expense mix: 97.7% mission · 2.3% management · 0.0% fundraisingTotal expenses: 100.76% of revenue

Money in and money out

Revenue$3,485,704

Expenses$3,449,573

Annual surplus $36,131 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$3,136,667 · 90.9% of expenses

Management and office costs$312,906 · 9.1% of expenses

See all reported dollar amounts

Revenue$3,485,704

Expenses$3,449,573

Assets$4,763,244

Income$3,485,704

Contributions$1,068,393

Mission work (program services)$3,136,667

Grants given$8,590,318

Average grant$195,235

Management and general$312,906

Executive compensation (total)$80,352

Stocks and bonds$301,026

Accounting fees$15,171

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

R KIP GUYBOARD MEMBER · 1 hrs/week $151,026Base · Other $151,026

MARTIN S ZANDBOARD MEMBER · 1 hrs/week $86,216Base · Other $86,216

INDRA K REDDYBOARD MEMBER · 1 hrs/week $69,106Base · Other $69,106

VICKI ELLINGRODBOARD MEMBER · 1 hrs/week $68,195Base · Other $68,195

ERIC L BARKERBOARD MEMBER · 1 hrs/week $67,472Base · Other $67,472

VADIM J GURVICHEXECUTIVE DIRECTOR · 20 hrs/week $64,201Base · Other $64,201

DONNA STRUMTREASURER · 1 hrs/week $60,815Base · Other $60,815

JILL M KOLESARBOARD MEMBER · 1 hrs/week $58,671Base · Other $58,671

JAMES K DRENNENCHAIR · 1 hrs/week $42,750Base · Other $42,750

KIM TANZERBOARD MEMBER · 1 hrs/week $35,775Base · Other $35,775

PHILIP HRITCKOVICE CHAIR · 1 hrs/week $23,454Base · Other $23,454

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (17)

R KIP GUYBOARD MEMBER

MARTIN S ZANDBOARD MEMBER

INDRA K REDDYBOARD MEMBER

VICKI ELLINGRODBOARD MEMBER

ERIC L BARKERBOARD MEMBER

VADIM J GURVICHEXECUTIVE DIRECTOR

DONNA STRUMTREASURER

JILL M KOLESARBOARD MEMBER

JAMES K DRENNENCHAIR

KIM TANZERBOARD MEMBER

PHILIP HRITCKOVICE CHAIR

KEVIN CASSELBOARD MEMBER

WANDA MALDONADOBOARD MEMBER

SARAH MICHELBOARD MEMBER

ALBERTO CUITINOBOARD MEMBER

KELECHI C OGBONNASECRETARY

DAVID DIETZBOARD MEMBER

About this charity

Recognized since: January 2008
Location: 717 DELAWARE STREET SE 477, MINNEAPOLIS, MN 55414-2959
County: Hennepin
In care of: % PRABIR K BASU
Primary officer: Vadim J Gurvich, Executive Director

How to reach them

WebsiteVisit the charity’s website Phone(612) 626-6650

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: BWK ROGERS PC
NTEE classification: Fund Raising & Fund Distribution - Philanthropy, Voluntarism, and Grantmaking (T12)
IRS tax category: Fund Raising & Fund Distribution
Grant-giving organization: Yes