American Chemical Society
- Assets
- $297.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Bethesda, MD
- Founding
- 05/1946
- Data as of
- 12/2022
- EIN
- 23-7277677
Organization Overview
American Chemical Society is located in Bethesda, MD. The organization was established in 1946. According to its NTEE Classification (U03) the organization is classified as: Professional Societies & Associations, 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 12/2022, American Chemical Society generated $121.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (3.2%) each year. All expenses for the organization totaled $87.4k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (7.8%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
THE ACS DIVISION OF COMPUTERS IN CHEMISTRY (COMP) SPONSORS SCIENTIFIC SYMPOSIA AT TWO NATIONAL ACS MEETINGS, ONE IN THE SPRING IN SAN DIEGO, CA AND ONE HELD IN THE FALL IN CHICAGO, IL. THESE TWO EVENTS INCLUDED 500+ ABSTRACTS AND 10 DAYS OF SYMPOSIA TO SERVE THE APPROXIMATELY 2000 MEMBERS OF THE COMP DIVISION. THE DIVISION ALSO SPONSORS COMP RELATED SYMPOSIA AT REGIONAL ACS MEETINGS. IN ADDITION THE DIVISION SPONSORS OVER 25 AWARDS IN THE FORM OF AN ANNUAL PRIZE FOR COMPUTATIONAL CHEMISTRY EXCELLENCE, AND NUMEROUS POSTER AWARDS FOR EMERGING SCIENTIFIC FACULTY, POSTGRADUATE AND UNDERGRADUATE STUDENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jana Shen Comp Chair | 3 | $0 | |
Ashley Mcdonald Comp Chair Elect | 1 | $0 | |
Dan Ortwine Past Comp Chair | 1 | $0 | |
Katrina Lexa Comp Secretary | 2 | $0 | |
Lewis Whitehead Comp Treasurer | 1 | $0 | |
Xuhui Huang Comp Assistant Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $50,662 |
| Total Program Service Revenue | $0 |
| Membership dues | $71,248 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $121,910 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $196 |
| Other expenses | $0 |
| Total expenses | $87,374 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $297,065 |
| Other assets | $0 |
| Total assets | $297,065 |
| Total liabilities | $0 |
| Net assets or fund balances | $297,065 |