Chemical Engineering Division Of Asee
- Assets
- $91.2k
- Revenue
- $91.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Akron, OH
- Founding
- 08/1971
- Data as of
- 12/2021
- EIN
- 59-6200153
Organization Overview
Chemical Engineering Division Of Asee is located in Akron, OH. The organization was established in 1971. 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 an independent organization and not affiliated with a larger national or regional group of organizations. Chemical Engineering Division Of Asee 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, Chemical Engineering Division Of Asee generated $91.5k 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 (3.9%) each year. All expenses for the organization totaled $80.0k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (6.4%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
EDUCATIONAL INFORMATION
Describe the Organization's Program Activity:
Part 3 - Line 4a
FUNCTION IS THE PUBLICATION OF A QUARTERLY PERIDICAL FOR THE CHEMICAL ENGINEERING DIVISION OF THE AMERICAN SOCIETY FOR ENGINEERS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Donald P Visco Jr Editor | Trustee | 6 | $6,000 |
Joseph H Holles Associate Editor | Trustee | 4 | $3,000 |
Lisa Bullard Associate Editor | Trustee | 4 | $3,000 |
Monica Lamm Assistant Editor | Trustee | 2 | $1,000 |
Allison Godwin Assistant Editor | Trustee | 2 | $1,000 |
Justin Shaffer Assistant Editor | Trustee | 2 | $1,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| 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 | $0 |
| Total Program Service Revenue | $91,541 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $91,541 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $49,500 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $2,616 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $400 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $125 |
| Insurance | $0 |
| All other expenses | $16,848 |
| Total functional expenses | $79,981 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $91,223 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $91,223 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $9,696 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $9,696 |
| Net assets without donor restrictions | $81,527 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $91,223 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Science History Institute Philadelphia, PA | $39,869,660 | $7,703,716 |
Ohio Chemistry Technology Council Columbus, OH | $908,014 | $375,210 |
American Chemical Society Cincinnati, OH | $140,062 | $435,686 |
American Chemical Society New Albany, OH | $2,459,880 | $466,183 |
American Chemical Society East Lansing, MI | $3,638,591 | $695,634 |
National Registry Of Certified Chemists West Grove, PA | $144,513 | $0 |
Plastics Pioneers Association Saugatuck, MI | $1,679,875 | $163,137 |
Chemical Engineering Division Of Asee Akron, OH | $91,223 | $91,541 |
National Association Of Scientific Materials Managers Scranton, PA | $377,335 | $0 |
Elmer M Jones Trust Detroit, MI | $701,566 | $56,960 |
American Chemical Society Indianapolis, IN | $130,493 | $0 |
American Chemical Society Philadelphia, PA | $785,496 | $122,929 |