American Chemical Society
- Assets
- $1.6m
- Revenue
- $593.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Blacksburg, VA
- Founding
- 05/1946
- Data as of
- 12/2021
- EIN
- 04-6167821
Organization Overview
American Chemical Society is located in Blacksburg, VA. The organization was established in 1946. According to its NTEE Classification (U33) the organization is classified as: Chemistry & Chemical Engineering, under the broad grouping of Science & Technology and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. American Chemical Society is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, American Chemical Society generated $593.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (9.2%) each year. All expenses for the organization totaled $492.8k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (11.2%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
EDUCATION AND DISSEMINATION OF SCIENTIFIC INFORMATION
Describe the Organization's Program Activity:
Part 3 - Line 4a
POLY WORKSHOPS ON VARIOUS TECHNICAL TOPICS OF INTEREST TO POLYMER SCIENTISTS AND OTHER TECHNICAL PROFESSIONALS
NATIONAL AND OTHER MEETINGS ON VARIOUS TECHNICAL TOPICS OF INTEREST TO POLYMER SCIENTISTS, AND OTHER TECHNICAL PROFESSIONALS
SPECIAL COMMITTEE ACTIVITIES INCLUDING MEMBERSHIP ACTIVITIES, AWARDS, AND OUTREACH
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Allan Guymon Vice Chair | Officer | 2 | $0 |
Dawanne Poree Chair Elect | Officer | 1 | $0 |
Semra Colak Atan Chair | Officer | 2 | $0 |
Erik Berda Secretary | Officer | 1 | $0 |
Christine Coltrain Treasurer | Officer | 2 | $0 |
Kat Knauer Member At Large | Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $82,283 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $82,283 |
| Total Program Service Revenue | $305,381 |
| Investment income | $85,574 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $577 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $41,309 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $593,018 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $5,272 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $63,094 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $492,799 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $230,839 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $1,375,201 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,606,040 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $1,606,040 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,606,040 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Anuvia Prevention And Recovery Center Inc Charlotte, NC | $7,525,667 | $13,033,516 |
Ready Mixed Concrete Research And Education Foundation Inc Alexandria, VA | $29,901,660 | $2,739,375 |
American Chemical Society Sanford, NC | $7,672,277 | $1,931,478 |
Chemical Educational Foundation Arlington, VA | $1,719,060 | $1,202,993 |
American Chemical Society Blacksburg, VA | $1,606,040 | $593,018 |
American Association For Aerosol Research Inc Reston, VA | $2,741,926 | $499,635 |
Geochemical Society Washington, DC | $3,656,340 | $339,336 |
Natl Orgn For The Prof Adv Of Black Chemists & Chemical Engineers Annapolis, MD | $1,085,327 | $714,435 |
Adhesion Society Incorporated Alexandria, VA | $127,816 | $0 |
International Society For Nucleotides & Nucleic Acids Baltimore, MD | $456,669 | $0 |
American Chemical Society Fallston, MD | $375,818 | $0 |