THE ORGANIZATION'S MISSION IS TO ADVANCE PATIENT SAFETY WORLDWIDE BY EMPOWERING THE HEALTHCARE COMMUNITY TO PREVENT MEDICATION ERRORS.THE ORGANIZATION ACCOMPLISHES ITS MISSION THROUGH ITS INTERDISCIPLINARY EFFORTS TO:- COLLECT AND ANALYZE REPORTS OF MEDICATION-RELATED HAZARDOUS CONDITIONS, NEAR-MISSES, ERRORS, AND OTHER ADVERSE DRUG EVENTS- DISSEMINATE TIMELY MEDICATION SAFETY INFORMATION, RISK-REDUCTION TOOLS, AND ERROR-PREVENTION STRATEGIES- EDUCATE THE HEALTHCARE COMMUNITY AND CONSUMERS ABOUT SAFE MEDICATION PRACTICES- COLLABORATE WITH OTHER PATIENT SAFETY ORGANIZATIONS, EDUCATIONAL INSTITUTIONS, GOVERNMENTAL AGENCIES AND OTHER HEALTHCARE STAKEHOLDERS- ADVOCATE THE ADOPTION OF SAFE MEDICATION STANDARDS BY ACCREDITING BODIES, MANUFACTURERS, POLICY MAKERS, REGULATORY AGENCIES, AND STANDARDS-SETTING ORGANIZATIONS- CONDUCT RESEARCH TO PROVIDE EVIDENCE-BASED SAFE MEDICATION PRACTICES
Executive compensation, broken down
Form 990 · Part VII & Schedule J · 11 reported individuals · Filing year 2024
Percentile bands compare each position's total pay with the same role at Health Care organizations in Pennsylvania.
- Base
- $268k
- Bonus
- $10k
- Other
- $2k
- Benefits
- $721
- Base
- $180k
- Bonus
- —
- Other
- $1k
- Benefits
- $517
- Base
- $146k
- Bonus
- —
- Other
- $1k
- Benefits
- $437
- Base
- $145k
- Bonus
- —
- Other
- $497
- Benefits
- $433
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
President 75th to 90th percentile | $268k | $10k | $2k | $721 | $293k |
Director - Chair Board Chair Median to 75th percentile | — | — | — | — | $237k |
Director of Membership & Pso Key Employee 25th percentile to median | $180k | — | $1k | $517 | $189k |
Director of Education Highest Compensated Employee 10th to 25th percentile | $146k | — | $1k | $437 | $153k |
Sr Mgr, Error Reporting Highest Compensated Employee 10th to 25th percentile | $145k | — | $497 | $433 | $151k |
MED Safety Spec, Membership Highest Compensated Employee 10th to 25th percentile | — | — | — | — | $149k |
MED Safety Spec, Publications Highest Compensated Employee 10th to 25th percentile | — | — | — | — | $147k |
Mgr, MED Safety Board Highest Compensated Employee 10th to 25th percentile | — | — | — | — | $147k |
Director - Treasurer Officer (Unspecified) | — | — | — | — | $116k |
Director Board Member Median to 75th percentile | — | — | — | — | $99k |
Secretary Secretary (Operational) 75th to 90th percentile | — | — | — | — | $90k |
Plus 1 unpaid individual.
Top pay as a share of expenses
In 2024, the highest total compensation at INSTITUTE FOR SAFE MEDICATION PRACTICES equaled 8% of the organization's total expenses. The median for health care organizations is 4%.
Based on 13,830 health care organizations, each measured at its most recent filing year with reported expenses and compensation.
Funded by
Private foundations whose Form 990-PF Part XV grants matched this organization.
Down 2%
from 2023
From $297k in 2023 to $293k in 2024.
Chief Executive Officer pay fell 2% from 2023 to 2024, while revenue rose 2%.
- Board Chair pay rose 345% from 2023 to 2024.
- Key Employee pay held roughly steady from 2023 to 2024.
Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about INSTITUTE FOR SAFE MEDICATION PRACTICES
What does the Chief Executive Officer of INSTITUTE FOR SAFE MEDICATION PRACTICES earn?
In 2024, the Chief Executive Officer of INSTITUTE FOR SAFE MEDICATION PRACTICES received $292,793 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among Health Care organizations in Pennsylvania, though not the top 10% of comparable filings. Based on IRS Form 990 data.
How does Chief Executive Officer pay at INSTITUTE FOR SAFE MEDICATION PRACTICES compare with similar nonprofits?
Compared with the same role at Health Care organizations in Pennsylvania, the 2024 pay of the Chief Executive Officer at INSTITUTE FOR SAFE MEDICATION PRACTICES falls between the 75th and 90th percentiles. In 2024, the highest total compensation at INSTITUTE FOR SAFE MEDICATION PRACTICES equaled 8% of the organization's total expenses. The median for health care organizations is 4%.
What are INSTITUTE FOR SAFE MEDICATION PRACTICES's revenue and expenses?
In 2024, INSTITUTE FOR SAFE MEDICATION PRACTICES reported $2.4M in total revenue and $3.9M in total expenses on its IRS Form 990.
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