Society Of Chemical Manufacturers And Affiliates Inc

Organization Overview

Society Of Chemical Manufacturers And Affiliates Inc is located in Arlington, VA. The organization was established in 1978. According to its NTEE Classification (U03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Science & Technology and related organizations. As of 12/2021, Society Of Chemical Manufacturers And Affiliates Inc employed 19 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Society Of Chemical Manufacturers And Affiliates Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.

For the year ending 12/2021, Society Of Chemical Manufacturers And Affiliates Inc generated $4.2m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.6%) each year. All expenses for the organization totaled $4.9m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (2.4%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO PROMOTE THE INTERESTS OF THE SPECIALTY CHEMICAL INDUSTRY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

GOVERNMENT RELATIONS:PROVIDES REPRESENTATION TO MEMBERS AND AFFILIATES BEFORE GOVERNMENT. POSITIVELY INFLUENCES THE PASSAGE OF RATIONAL LAWS AND REGULATIONS THAT ALLOW MEMBER COMPANIES TO OPERATE IN A PRODUCTIVE MANNER AS GOOD CORPORATE CITIZENS. ON ISSUES AS WIDE-RANGING AS REFORMING THE TOXIC SUBSTANCES CONTROL ACT (TSCA), TO AUTHORIZING THE CHEMICAL FACILITY ANTI-TERRORISM STANDARDS(CFATS), TO INTERNATIONAL TRADE AND THE RESOURCE CONSERVATION AND RECOVERY ACT (RCRA). SOCMA'S ADVOCACY EFFORTS CONTINUE TO ENGAGE LEGISLATORS AND REGULATORS ALIKE THROUGH TRADITIONAL, SOCIAL MEDIA AND GRASSROOTS MOBILIZATION.


TECHNICAL AND SAFETY:PROVIDES AN ENVIRONMENTAL, HEALTH, SAFETY AND SECURITY (EHS &S) MANAGEMENT PROGRAM FOR MEMBERS AND AN INDUSTRY CHEMICAL OPERATIONS TRAINING TOOL FOR COMPANIES TO INCORPORATE BEST PRACTICES AND IMPROVE ENVIRONMENTAL, HEALTH, SAFETY & SECURITY (EHS&S) PERFORMANCE. THE EHS&S CHEMSTEWARDS PROGRAM FACILITATES THE SUCCESSFUL IMPLEMENTATION OF BEST PRACTICES FOR MEMBER COMPANIES. THROUGH THE CHEMSTEWARDS PORTAL, THE MANAGEMENT AND COMPLIANCE OF THE EHS&S PROGRAM PROVIDES MEMBERS COMPANIES AN EASY-TO-USE RESOURCE THAT SAVES TIME AND MONEY BY HAVING ALL CHEMSTEWARDS AND RELATED EHS&S DOCUMENTS IN ONE CENTRALIZED REPOSITORY. THE WEB-BASED REPOSITORY SYSTEM ALLOWS FOR MORE EFFICIENT MANAGEMENT OF THE CHEMSTEWARDS PROGRAM FOR MEMBERS COMPANIES. MEMBERS HAVE THE ABILITY TO SHARE MORE EHS&S INFORMATION AND INCREASES THE PRODUCTIVITY FOR THOSE MANAGING THIS IMPORTANT FUNCTION AT THEIR RESPECTIVE CHEMICAL MANUFACTURING FACILITIES. THE CHEMICAL OPERATIONS TRAINING TOOL IS DESIGNED FOR CHEMICAL MANUFACTURING PLANTS IN NEED OF SUPERIOR OPERATOR TRAINING WITH INTERACTIVE 3D ANIMATIONS OF PROCESS EQUIPMENT AND SELF-GUIDED EXERCICES. THE TOOL IS A COMPREHENISVEPROGRAM AND AVAILABLE THROUGH AN ANNUAL SUBSCRIPTION.


MEMBER SERVICES:MAINTAINS CURRENT MEMBERS, RECRUITS NEW MEMBERS AND PROVIDES MEMBERSHIP EVENTS THROUGHOUT THE YEAR. ACCELERATES THE POTENTIAL FOR MEMBERS' GROWTH BY CREATING COMMERCIAL AND NETWORKING OPPORTUNITIES, AND STRENGTHENING MEMBERS' BUSINESS AND OPERATIONS THROUGH VALUE-ADDED SERVICES.


ASSOCIATION MANAGEMENT SERVICES (AMS):PROVIDES PRODUCTS AND SERVICES TO SOCMA AFFILIATES. SOCMA SPECIALIZES IN THE PROFESSIONAL MANAGEMENT OF INDUSTRY-SPECIFIC GROUPS WITH DEFINED ISSUES AND OBJECTIVES RELATED TO THE CHEMICAL MANUFACTURING INDUSTRY. SOCMA PROVIDES THE MANAGEMENT, PROFESSIONAL AND TECHNICAL SERVICES NECESSARY TO MEET SPECIFIC COMPLEX REGULATORY, TESTING, AND COMMERCIALISSUES.MARKETING AND COMMUNICATIONS:PROVIDES MARKETING AND PUBLIC RELATIONS SERVICES TO PROMOTE SOCMA AND THE SPECIALTY AND FINE CHEMICAL INDUSTRY THROUGH VARIOUS PLATFORMS AND COMMUNICATIONS ACTIVITIES. THESE INCLUDE PRESS RELEASE DISTRIBUTION, SOCIAL MEDIA, THE SOCMA WEBSITE AND VARIOUS NEWSLETTERS AND PUBLICATIONS.CSCS:REPRESENTS CHEMICAL-SPECIFIC CONSORTIA FOCUSED ON ADDRESSING SCIENTIFIC, REGULATORY, AND TECHNICAL ISSUES OF COMMON INTEREST TO THE SPECIALTY CHEMICAL INDUSTRY. CSCS MANAGES THE USE AND OVERSIGHT OF ALL CONSORTIA STUDIES COMPLETED BY AND COMMISSIONED THROUGH SOCMA OVER THE LAST FOUR DECADES.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Ott Consulting Llc
Consulting - Management Services
$175,402
Jeanette Mccool
Consulting - Management Services
$131,900
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $346,115
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$346,115
Total Program Service Revenue$3,133,403
Investment income $353,692
Tax Exempt Bond Proceeds $0
Royalties $25,937
Net Rental Income $0
Net Gain/Loss on Asset Sales $38,536
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $4,222,837

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