EIN 20-5913680

340B Health

IRS 501(c) type
501(c)(6)
Num. employees
32
Year formed
2006
Most recent tax filings
2023-12-01
NTEE code, primary
Description
A nation where hospitals and health systems can continue to fulfill their mission to provide care for patients regardless of their ability to pay. Be the leading advocate and resource for 340B hospitals and their clinicians.
Also known as...
Safety Net Hospitals for Pharmaceutical Access
Total revenues
$14,254,781
2023
Total expenses
$12,478,849
2023
Total assets
$35,979,568
2023
Num. employees
32
2023

Program areas at 340B Health

Education - 340b Health helps hospitals, Health systems, pharmacies, and others understand the requirements of 340b and help them comply with its rules and regulations. 340b Health provides education through two annual national conferences for 340b stakeholders, webinars, roundtables with members, and online tools and resources. 340b Health also provides one-on-one technical assistance, upon members' requests. 340b Health keeps its members and stakeholders informed about new legislative and regulatory changes to 340b, including through various electronic communications and the www.340bhealth.org website. 340b Health organizes the 340b coalition's annual winter and summer conferences (www.340bwinterconference.org and www340bsummerconferenceorgcontinued on schedule ocontinued from page 2...featuring discussions about compliance, other operational matters, public policy, and related activity. 340b Health provides member hospitals with information to help identify best practices in compliance and program development. Our "340b exchange" allows hospitals to discuss emerging trends, concerns, and ideas. The organization's research helps identify examples of how hospitals are addressing key areas of Health care such as social determinants of Health and approaches to prevention of the misuse of opioids.
Advocacy - 340b Health works with and on behalf of our members to represent their interests and concerns before congress, the executive branch, the courts, and state legislatures to ensure policymakers understand the 340b drug pricing program's intent, requirements, value, and role in advancing healthy patients and communities. 340b Health conducts independent research regarding the impact and effectiveness of 340b and works with its members to create profiles of how 340b savings are used to improve patient care. 340b Health advocates for changes in policy necessary to improve 340b and its impact.

Who funds 340B Health

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Association of American Medical CollegesFall Digital Advertising Campaign Ad Campaign$50,000

Personnel at 340B Health

NameTitleCompensation
Maureen TestoniPresident and Chief Executive Officer$636,870
Mike HessVice President , Operations
Patrick McGarySenior Vice President of Operations$254,857
Jon TiltonMedia Contact
Caroline SteinbergVice President of Research and Policy Analytics$234,053
...and 23 more key personnel

Financials for 340B Health

RevenuesFYE 12/2023
Total grants, contributions, etc.$392,495
Program services$13,154,838
Investment income and dividends$829,732
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-122,884
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$600
Total revenues$14,254,781

Form 990s for 340B Health

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-11990View PDF
2022-122024-08-14990View PDF
2022-122023-11-13990View PDF
2021-122022-11-08990View PDF
2020-122021-11-15990View PDF
...and 10 more Form 990s
Data update history
January 13, 2025
Used new vendors
Identified 1 new vendor, including
November 5, 2024
Updated personnel
Identified 4 new personnel
November 4, 2024
Updated personnel
Identified 8 new personnel
September 23, 2024
Used new vendors
Identified 1 new vendor, including
May 19, 2024
Received grants
Identified 1 new grant, including a grant for $50,000 from Association of American Medical Colleges
Nonprofit Types
Trade associationsBusiness and community development organizationsHeadquarter / parent organizations
Issues
HealthBusiness and industry
Characteristics
MembershipsPolitical advocacyRelated 527
General information
Address
1350 I St NW 800
Washington, DC 20005
Metro area
Washington-Arlington-Alexandria, DC-VA-MD-WV
County
District of Columbia, DC
Website URL
340bhealth.org:443/ 
Phone
(202) 552-5850
Facebook page
340BHealth 
Twitter profile
@340bhealth 
IRS details
EIN
20-5913680
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2006
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
S41: Promotion of Business
NAICS code, primary
813910: Trade Associations
Parent/child status
Central organization
Free account sign-up

Want updates when 340B Health has new information, or want to find more organizations like 340B Health?

Create free Cause IQ account