American Chemical Society is located in Elsah, IL. 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 12/2023, American Chemical Society generated $41.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (16.0%) each year. All expenses for the organization totaled $9.2k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (32.4%) per year over the past 5 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
THE PROGRAM COMMITTEE SPONSORS MASS SPECTROSCOPY DISCUSSION, THE NMR DISCUSSION, EDUCATIONAL TOPICS AND GENERAL TOPICS GROUPS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Cynthia Chapple Past Chair | 5 | $0 | |
Jeffrey Cornelius Treasurer | 4 | $0 | |
Bill Doub Director | 2 | $0 | |
Cristina Demeo Director | 2 | $0 | |
Rhonda Woerndle Director | 2 | $0 | |
Mikhail Berezin Director | 2 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $22,758 |
Total Program Service Revenue | $0 |
Membership dues | $8,550 |
Investment income | $10,076 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $41,384 |
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 | $259 |
Other expenses | $1,547 |
Total expenses | $9,159 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $433,261 |
Other assets | $0 |
Total assets | $433,261 |
Total liabilities | $0 |
Net assets or fund balances | $433,261 |