American Chemical Society
- Assets
- $189.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Allentown, PA
- Founding
- 06/1966
- Data as of
- 12/2018
- EIN
- 63-6155263
Organization Overview
American Chemical Society is located in Allentown, PA. The organization was established in 1966. 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 12/2018, American Chemical Society generated $32.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (5.7%) each year. All expenses for the organization totaled $56.7k during the year ending 12/2018. As we would expect to see with falling revenues, expenses have declined by (7.9%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Syvret Treasurer | 3 | $0 | |
David Dixon Councilor | 0.5 | $0 | |
David Vicic Chair | 0.1 | $0 | |
Andrej Matsnev Secretary | 0.2 | $0 | |
Neil Vasdev Vice Chair Programs | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,470 |
| Total Program Service Revenue | $0 |
| Membership dues | $15,744 |
| Investment income | $4,745 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $3,138 |
| Total Revenue | $32,097 |
| 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 | $1,378 |
| Other expenses | $36,331 |
| Total expenses | $56,701 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $189,733 |
| Other assets | $0 |
| Total assets | $189,733 |
| Total liabilities | $0 |
| Net assets or fund balances | $189,733 |