Sw Chemical Association

Organization Overview

Sw Chemical Association is located in Houston, TX. The organization was established in 1989. According to its NTEE Classification (S40) the organization is classified as: Business & Industry, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sw Chemical Association is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.

For the year ending 12/2021, Sw Chemical Association generated $2.5k 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 (43.1%) each year. All expenses for the organization totaled $67.9k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO SUPPORT EDUCATION IN THE CHEMICAL AND PETROLEUM FIELDS WITH ENDOWMENTS TO UNIVERSITIES WHICH OFFER PROGRAMS IN THOSE FIELDS. ENDOWMENTS IN THE AMOUNT OF 64,379 WERE AWARDED

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE ORGANIZATION HOLDS REGULAR MEETINGS TO PROVIDE A FORUM FOR EDUCATION AND THE ADVANCEMENT OF NEW IDEAS, METHODS AND PROCEDURES TO IMPROVE BUSINESS CONDITIONS IN THE CHEMICAL AND PETROCHEMICAL INDUSTRIES. ALSO THE ORGANIZATION HOLDS AN ANNUAL FUNDRAISER WHERE ENDOWMENTS ARE AWARDED TO DESERVING UNIVERSITIES OFFERING DEGREES IN CHEMICAL ENGINEERING.


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Board, Officers & Key Employees

Name (title)Compensation
Craig Johnson
Treasurer
$0
Steve Faggard
Director
$0
Kevin Callahan
Secretary
$0
Andrew Etter
President
$0
Trent Kelly
Advisor
$0
Kevin Kilkeary
Director
$0

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$0
Investment income $2,466
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 $2,466

Grants Awarded

Over the last fiscal year, Sw Chemical Association has awarded $64,379 in support to 3 organizations.

Grant RecipientAmount

UNIVERSITY OF HOUSTONUNIVERSITY OF HOUSTON

|

|

$25,000

TEXAS A & M UNIVERSITYTEXAS A & M UNIVERSITY

|

|

$25,000

LAMAR UNIVERSITYLAMAR UNIVERSITY

|

|

$14,379
View Grant Profile

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