Society Of Cosmetic Chemists
- Assets
- $365.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 04/1986
- Data as of
- 12/2021
- EIN
- 36-3371594
Organization Overview
Society Of Cosmetic Chemists is located in Chicago, IL. The organization was established in 1986. 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. Society Of Cosmetic Chemists 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, Society Of Cosmetic Chemists generated $45.7k 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 (15.6%) each year. All expenses for the organization totaled $29.8k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (12.6%) per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
OUR MISSION IS TO FURTHER THE INTERESTS AND RECOGNITION OF COSMETIC SCIENTISTS WHILE MAINTAINING THE CONFIDENCE OF THE PUBLIC IN THE COSMETIC AND TOILETRIES INDUSTRY
Describe the Organization's Program Activity:
Part 3
THE SOCIETY ENCOURAGES ADVANCEMENT OF SCIENCE AND TECHNICAL UNDERSTANDING WITHIN THE COSMETIC AND TOILETRY INDUSTRY; IMPROVEMENT OF QUALITIES AND USEFULLNESS OF COSMETIC CHEMISTS THROUGH THE HIGH STANDARDS OF PROFESSIONAL ETHICS, EDUCATION AND ATTAINMENTS FOSTERING THE APPLICATION OF SCIENTIFIC DISIPLINES WITHIN THE INDUSTRY; INCREASES BY ITS MEETINGS, REPORTS, PUBLICATIONS AND PROFESSIONAL CONTACTS, RECOGNITION OF COSMETIC SCIENTISTS AND MAINTAINING CONFIDENCE OF THE GENERAL PUBLIC IN THE INDUSTRY.
THE SOCIETY ENCOURAGES ADVANCEMENT OF SCIENCE AND TECHNICAL UNDERSTANDING WITHIN THE COSMETIC AND TOILETRY INDUSTRY; IMPROVEMENT OF QUALITIES AND USEFULLNESS OF COSMETIC CHEMISTS THROUGH THE HIGH STANDARDS OF PROFESSIONAL ETHICS, EDUCATION AND ATTAINMENTS FOSTERING THE APPLICATION OF SCIENTIFIC DISIPLINES WITHIN THE INDUSTRY; INCREASES BY ITS MEETINGS, REPORTS, PUBLICATIONS AND PROFESSIONAL CONTACTS, RECOGNITION OF COSMETIC SCIENTISTS AND MAINTAINING CONFIDENCE OF THE GENERAL PUBLIC IN THE INDUSTRY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sarah Lopez Treasurer | 10 | $0 | |
Amanda Roundtree Chair | 10 | $0 | |
Elvia Iniguez Chair -Elect | 8.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $28,005 |
| Membership dues | $0 |
| Investment income | $134 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $17,550 |
| Total Revenue | $45,689 |
| 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 | $2,389 |
| Other expenses | $27,427 |
| Total expenses | $29,816 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $361,331 |
| Other assets | $0 |
| Total assets | $365,914 |
| Total liabilities | $0 |
| Net assets or fund balances | $365,914 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American Oil Chemists Society Champaign, IL | $3,948,410 | $5,375,503 |
Clean Fuels Alliance Foundation Jefferson City, MO | $440,425 | $830,633 |
American Chemical Society Ames, IA | $416,648 | $208,344 |
American Chemical Society Columbia, MO | $629,839 | $107,901 |
American Chemical Society Park Ridge, IL | $1,825,060 | $198,542 |
American Chemical Society Indianapolis, IN | $198,572 | $0 |
American Chemical Society Eureka, MO | $366,920 | $0 |
Society Of Cosmetic Chemists Chicago, IL | $365,914 | $0 |
Polymer Processing Society Madison, WI | $341,672 | $0 |
90th Division Association Nevada, IA | $21,858 | $0 |
Friends Of The Royal Society Of Chemistry Inc Milwaukee, WI | $29,306 | $553 |