American Institute Of Chemical Engineers
- Assets
- $173.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Sugar Land, TX
- Founding
- 02/1975
- Data as of
- 12/2023
- EIN
- 23-7429667
Organization Overview
American Institute Of Chemical Engineers is located in Sugar Land, TX. The organization was established in 1975. 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 Institute Of Chemical Engineers 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 12/2023, American Institute Of Chemical Engineers generated $37.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (14.4%) each year. All expenses for the organization totaled $66.8k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (6.7%) per year over the past 9 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
2023
Describe the Organization's Program Activity:
Part 3
MONTHLY MEETING WITH KEYNOTE SPEAKERS; PUBLICATION OF NEWSLETTER; PARTICIAPATION IN SCIENCE FAIRS;SPORNSORSHIP OF PROCESS TECHNOLOGY CONFERENCE;CHECMICAL ENGINEERING
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Andreas Matzakos President | 10 | $0 | |
Joseph Hernandez Secretary | 2 | $0 | |
Sarah Olmedo Treasurer | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,590 |
| Total Program Service Revenue | $19,062 |
| Membership dues | $16,222 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $37,874 |
| 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 | $950 |
| Occupancy, rent, utilities, and maintenance | $869 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $52,787 |
| Total expenses | $66,781 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $173,011 |
| Other assets | $0 |
| Total assets | $173,011 |
| Total liabilities | $0 |
| Net assets or fund balances | $173,011 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Northeast Texas Chapter American Concrete Institute Whitesboro, TX | $505,335 | $367,967 |
American Chemical Society Santa Fe, NM | $675,357 | $229,178 |
Welch Institute Houston, TX | $14,552,341 | $13,207,850 |
Northeastern Chemical Association Inc Houston, TX | $121,239 | $0 |
American Institute Of Chemical Engineers Sugar Land, TX | $173,011 | $0 |
Gulf South Rotating Machinery Symposium Baton Rouge, LA | $0 | $114 |
Malto Medicinal Chemistry Ok Inc Kingsville, TX | $0 | $0 |