Form 990 for tax year 2022
Filed by AMERICAN INSTITUTE OF CHEMICAL ENGINEERS.
Totals
- Total revenue
- $59,299,765
- Total expenses
- $50,830,276
- Contributions and grants received
- $22,733,037
- Grants paid
- $2,659,773
- Program service revenue
- $28,031,796
- Investment income
- $6,276,054
- Other revenue
- $2,258,878
- Total assets, end of year
- $65,922,472
- Total liabilities, end of year
- $17,141,888
- Net assets or fund balances, end of year
- $48,780,584
- Program services expenses (Part IX)
- $38,520,609
- Management and general expenses
- $6,270,136
- Fundraising expenses
- $6,039,531
- Program service expenses (Part III)
- $38,520,609
Program services were 75.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1c · Fundraising events
$450,020
-
1e · Government grants (contributions)
$11,102,370
-
1f · All other contributions, gifts and grants
$11,180,647
-
1g · Noncash contributions included above
$136,376
-
2a · Program service revenue: RAPID, CCPS AND CONSORTIUM
total $9,778,450 · related or exempt $9,778,450
-
2b · Program service revenue: MEETINGS & TECH. PROG.
total $7,553,939 · related or exempt $7,553,939
-
2c · Program service revenue: OTHER PROGRAM SUPPORT
total $3,575,245 · related or exempt $3,575,245
-
2d · Program service revenue: MEMBERSHIP DUES
total $3,356,316 · related or exempt $3,356,316
-
2e · Program service revenue: EDUCATIONAL SERVICES
total $2,706,022 · related or exempt $2,706,022
-
2f · All other program service revenue
total $1,061,824 · related or exempt $367,344 · unrelated business $694,480
-
3 · Investment income
total $1,368,247 · excluded $1,368,247
-
5 · Royalties
total $2,286,375 · excluded $2,286,375
-
7a · Gross sales of assets other than inventory
securities $45,046,080
-
7b · Less cost or other basis and sales expenses
securities $40,138,273
-
7c · Gain or loss
securities $4,907,807
-
7d · Net gain or loss
total $4,907,807 · excluded $4,907,807
-
8a · Fundraising events: gross income
$56,200
-
8a · Fundraising events: contributions included on line 1c
$450,020
-
8b · Fundraising events: direct expenses
$83,697
-
8c · Net income from fundraising events
total -$27,497 · excluded -$27,497
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $2,659,773 · program services $2,659,773
-
5 · Compensation of officers, directors and key employees
total $3,460,726 · program services $1,716,188 · management and general $1,744,538
-
7 · Other salaries and wages
total $11,663,914 · program services $9,416,883 · management and general $1,399,222 · fundraising $847,809
-
8 · Pension plan contributions
total $1,135,476 · program services $914,616 · management and general $165,784 · fundraising $55,076
-
9 · Other employee benefits
total $1,910,011 · program services $1,492,226 · management and general $331,353 · fundraising $86,432
-
10 · Payroll taxes
total $1,028,005 · program services $784,381 · management and general $202,605 · fundraising $41,019
-
11b · Fees: legal
total $58,387 · program services $16,590 · management and general $41,500 · fundraising $297
-
11e · Fees: professional fundraising services
total $65,700 · fundraising $65,700
-
11f · Fees: investment management
total $71,350 · management and general $71,350
-
11g · Fees: other
total $5,706,611 · program services $4,484,524 · management and general $884,987 · fundraising $337,100
-
12 · Advertising and promotion
total $400,856 · program services $393,386 · fundraising $7,470
-
13 · Office expenses
total $2,312,393 · program services $1,656,053 · management and general $354,573 · fundraising $301,767
-
14 · Information technology
total $343,679 · program services $334,963 · management and general $3,521 · fundraising $5,195
-
15 · Royalties
total $98,871 · program services $98,871
-
16 · Occupancy
total $683,636 · program services $176,683 · management and general $497,419 · fundraising $9,534
-
17 · Travel
total $1,081,264 · program services $979,050 · management and general $65,207 · fundraising $37,007
-
19 · Conferences, conventions and meetings
total $3,094,936 · program services $2,903,177 · management and general $39,934 · fundraising $151,825
-
22 · Depreciation, depletion and amortization
total $918,039 · program services $746,133 · management and general $139,410 · fundraising $32,496
-
23 · Insurance
total $159,169 · management and general $159,169
-
24a · Other expenses: PAYMENTS TO SUBRECIPIEN
total $7,741,192 · program services $7,741,192
-
24b · Other expenses: MISCELLANEOUS AND DUES
total $3,957,979 · fundraising $3,957,979
-
24c · Other expenses: EQUIP. RENTAL & MAINT.
total $2,278,059 · program services $2,005,920 · management and general $169,314 · fundraising $102,825
-
24d · Other expenses: STATE TAXES
total $250 · management and general $250
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $5,210,004 · end of year $2,410,337
-
2 · Savings and temporary cash investments
beginning of year $858,281 · end of year $2,369,297
-
3 · Pledges and grants receivable
beginning of year $12,332,569 · end of year $16,928,937
-
4 · Accounts receivable
beginning of year $7,602,177 · end of year $6,986,857
-
9 · Prepaid expenses and deferred charges
beginning of year $1,191,818 · end of year $934,891
-
10a · Land, buildings and equipment: cost or other basis
$8,382,972
-
10b · Land, buildings and equipment: accumulated depreciation
$6,405,156
-
10c · Land, buildings and equipment, net
beginning of year $2,492,520 · end of year $1,977,816
-
11 · Investments: publicly traded securities
beginning of year $38,663,784 · end of year $30,887,677
-
15 · Other assets
beginning of year $223,871 · end of year $3,426,660
-
17 · Accounts payable and accrued expenses
beginning of year $8,676,037 · end of year $6,515,608
-
19 · Deferred revenue
beginning of year $3,869,258 · end of year $4,135,100
-
25 · Other liabilities
beginning of year $2,826,701 · end of year $6,491,180
-
27 · Net assets without donor restrictions
beginning of year $29,746,069 · end of year $19,338,296
-
28 · Net assets with donor restrictions
beginning of year $23,456,959 · end of year $29,442,288
Mission and programs · 2022
Mission
TO INSPIRE A SAFE, CONNECTED, AND INCLUSIVE COMMUNITY DOING A WORLD OF GOOD AS:- THE GLOBAL LEADER OF THE CHEMICAL ENGINEERING PROFESSION- THE CENTER FOR LIFELONG PROFESSIONAL AND PERSONAL GROWTH- THE FOREMOST CATALYST IN APPLYING OUR EXPERTISE TO SUSTAINABLY MEET SOCIETAL NEEDS.
-
RAPID, CCPS, & CONSORTIUM - TO ALLOW INDUSTRY, ACADEMIA AND GOVERNMENT REPRESENTATIVES TO COLLABORATE AND LEVERAGE RESOURCES FOR RESEARCH TECHNOLOGY TRANSFER AND OTHER ACTIVITIES. THE ABOVE REVENUE EXCLUDES REVENUES FROM CHARITABLE CONTRIBUTIONS AND GRANTS OF $10,911,243 REPORTED IN PART VIII, LINE 1, AND EXCLUDES ROYALTIES OF $286,148 REPORTED IN PART VIII, LINE 5.
Expenses $16,856,595 · Grants $14,204 · Revenue $9,778,450
-
MEETINGS & TECHNICAL PROGRAMMING - TO CONDUCT TECHNICAL MEETINGS, CONFERENCES, AND EXHIBITS IN VARIOUS LOCATIONS IN ORDER TO PROMOTE OPEN EXCHANGE OF CHEMICAL ENGINEERING CONCEPTS. THE ABOVE REVENUE EXCLUDES REVENUES FROM CHARITABLE CONTRIBUTIONS AND GRANTS OF $92,090 REPORTED IN PART VIII, LINE 1, AND EXCLUDES ROYALTIES OF $61,626 REPORTED IN PART VIII, LINE 5.
Expenses $8,010,154 · Grants $3,677 · Revenue $7,553,939
-
MEMBERSHIP - TO PROVIDE A FOUNDATION FOR AICHE MEMBERS TO KEEP CURRENT, CONNECTED, AND SECURE THROUGHOUT THEIR CAREERS. AICHE PRODUCES A JOURNAL (CHEMICAL ENGINEERING PROGRESS) WHICH PROVIDES ESSENTIAL TECHNICAL AND PROFESSIONAL INFORMATION TO PRACTICING CHEMICAL ENGINEERS. THE FINANCIAL SERVICES AREA IN THE GROUP ASSIST AICHE MEMBERS' EFFORTS TO ACHIEVE FINANCIAL SECURITY BY PROVIDING THEM WITH A SELECTION OF FINANCIAL SERVICES AND KEEPING TRACK OF ALL FINANCIAL RELATED BENEFITS. THE ABOVE REVENUE EXCLUDES REVENUES FROM CHARITABLE CONTRIBUTIONS AND GRANTS OF $31,477 REPORTED IN PART VIII, LINE 1, EXCLUDES ROYALTIES OF $422,204 REPORTED IN PART VIII, LINE 5, EXCLUDES ADVERTISING REVENUES OF $150,395 REPORTED ON PART VIII, LINE 2F AND EXCLUDES DIVIDEND REVENUE OF $240,739 REPORTED ON PART VIII, LINE 3.
Expenses $2,978,151 · Grants $82,517 · Revenue $3,356,316
-
PUBLICATIONS - TO PUBLISH A VARIETY OF PERIODICALS, BOOKS AND OTHER MATERIALS ON CHEMICAL ENGINEERING AND RELATED TOPICS FOR DISTRIBUTION TO THE GENERAL PUBLIC. THE REVENUE BELOW EXCLUDES ROYALTIES OF $1,516,397 REPORTED IN PART VIII, LINE 5 AND EXCLUDES ADVERTISING REVENUES OF $544,085 REPORTED IN PART VIII, LINE 2F.
Expenses $2,067,283 · Grants $6,005 · Revenue $367,344
-
EDUCATION SERVICES - TO PROVIDE SEMINARS AND COURSES TO THE GENERAL PUBLIC WHICH PROVIDES EDUCATIONAL OPPORTUNITIES RELATED TO CHEMICAL ENGINEERING. THE REVENUE BELOW EXCLUDES DIVIDENDS OF $200,000 REPORTED IN PART VIII, LINE 3.
Expenses $3,883,104 · Grants $6,971 · Revenue $2,706,022
-
OTHER PROGRAM SUPPORT - TO SUPPORT CERTAIN OPERATIONS DECIDED BY THE BOARD OF DIRECTORS FROM SURPLUSES FROM SELF-SUPPORTING OPERATIONS, OTHER OPERATING REVENUES, AND A PORTION OF INVESTMENT RETURN. THE REVENUE BELOW EXCLUDES REVENUES FROM CHARITABLE CONTRIBUTIONS AND GRANTS OF $109,492 REPORTED IN PART VIII, LINE 1.
Expenses $4,725,322 · Grants $2,546,399 · Revenue $3,575,245
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Ann L LeeANN L LEE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Anne O'NealANNE O'NEAL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
Billy B BardinBILLY B BARDIN
PRESIDENT-ELECT
- Total calculated
- $0
- Hours/week
- 5
-
Brian DavisonBRIAN DAVISON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Christine GrantCHRISTINE GRANT
PRESIDENT
- Total calculated
- $0
- Hours/week
- 10
-
Daryl RobertsDARYL ROBERTS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
David DixonDAVID DIXON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Deborah GrubbeDEBORAH GRUBBE
PAST PRESIDENT
- Total calculated
- $0
- Hours/week
- 10
-
Donna BryantDONNA BRYANT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Elsa ReichmanisELSA REICHMANIS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
James R Beilstein JrJAMES R BEILSTEIN JR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Julianne HollowayJULIANNE HOLLOWAY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Linda J BroadbeltLINDA J BROADBELT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Mary Kathryn LeeMARY KATHRYN LEE
SECRETARY
- Total calculated
- $0
- Hours/week
- 2
-
Peter LodalPETER LODAL
TREASURER
- Total calculated
- $25,035
- From this org
- $25,035
- From related orgs
- $0
- Other
- $0
- Hours/week
- 4
-
William RaifordWILLIAM RAIFORD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Darlene SchusterDARLENE SCHUSTER
EXECUTIVE DIR. & CEO
- Total calculated
- $534,099
- From this org
- $470,273
- From related orgs
- $0
- Other
- $63,826
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $353,393
- Bonus
- $93,696
- Other
- $23,184
- Deferred
- $30,356
- Nontaxable benefits
- $33,470
- Filer's total
- $534,099
-
June C WispelweyJUNE C WISPELWEY
EXECUTIVE DIR. & CEO (OUTGOING)
- Total calculated
- $448,336
- From this org
- $391,331
- From related orgs
- $0
- Other
- $57,005
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $209,987
- Bonus
- $179,958
- Other
- $1,386
- Deferred
- $36,656
- Nontaxable benefits
- $20,349
- Filer's total
- $448,336
-
Barbara ValentineBARBARA VALENTINE
CHIEF FINANCIAL OFFICER
- Total calculated
- $446,210
- From this org
- $370,505
- From related orgs
- $0
- Other
- $75,705
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $285,882
- Bonus
- $83,075
- Other
- $1,548
- Deferred
- $39,239
- Nontaxable benefits
- $36,466
- Filer's total
- $446,210
-
Wendy YoungWENDY YOUNG
SR DIR. INS. FOR L&I / TREASURER
- Total calculated
- $130,402
- From this org
- $122,422
- From related orgs
- $0
- Other
- $7,980
- Hours/week
- 40
-
Shakeel KadriSHAKEEL KADRI
EXECUTIVE DIR. & CEO, CCPS
- Total calculated
- $504,638
- From this org
- $427,902
- From related orgs
- $0
- Other
- $76,736
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $301,976
- Bonus
- $95,990
- Other
- $29,936
- Deferred
- $39,506
- Nontaxable benefits
- $37,230
- Filer's total
- $504,638
-
Cathy DianaCATHY DIANA
CHIEF OF ADMINISTRATION
- Total calculated
- $315,894
- From this org
- $310,625
- From related orgs
- $0
- Other
- $5,269
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $231,960
- Bonus
- $77,774
- Other
- $891
- Deferred
- $0
- Nontaxable benefits
- $5,269
- Filer's total
- $315,894
-
Ian SergoIAN SERGO
SR. DIR. BUSINESS SERVICES
- Total calculated
- $330,345
- From this org
- $254,917
- From related orgs
- $0
- Other
- $75,428
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $197,607
- Bonus
- $56,973
- Other
- $337
- Deferred
- $31,485
- Nontaxable benefits
- $43,943
- Filer's total
- $330,345
-
Evan FlachEVAN FLACH
SR. DIR. CONFERENCES
- Total calculated
- $232,313
- From this org
- $199,285
- From related orgs
- $0
- Other
- $33,028
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $164,642
- Bonus
- $34,257
- Other
- $386
- Deferred
- $22,248
- Nontaxable benefits
- $10,780
- Filer's total
- $232,313
-
Michelle BrynerMICHELLE BRYNER
SR DIR. PUBLICATIONS & BUS DEV
- Total calculated
- $213,201
- From this org
- $176,443
- From related orgs
- $0
- Other
- $36,758
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $161,538
- Bonus
- $14,342
- Other
- $563
- Deferred
- $19,387
- Nontaxable benefits
- $17,371
- Filer's total
- $213,201
-
Ignasi Palou-RiveraIGNASI PALOU-RIVERA
EXE. DIR. AND CHIEF TECHNOLOGY OFFICER
- Total calculated
- $280,255
- From this org
- $211,092
- From related orgs
- $0
- Other
- $69,163
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $193,281
- Bonus
- $16,199
- Other
- $1,612
- Deferred
- $25,932
- Nontaxable benefits
- $43,231
- Filer's total
- $280,255
-
Amit GuptaAMIT GUPTA
CHIEF INFORMATION OFFICER
- Total calculated
- $297,606
- From this org
- $265,397
- From related orgs
- $0
- Other
- $32,209
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $228,487
- Bonus
- $36,048
- Other
- $862
- Deferred
- $31,949
- Nontaxable benefits
- $260
- Filer's total
- $297,606
-
Louisa NaraLOUISA NARA
GLOBAL CCPS TECHNICAL DIRECTOR
- Total calculated
- $288,803
- From this org
- $226,394
- From related orgs
- $0
- Other
- $62,409
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $197,331
- Bonus
- $26,687
- Other
- $2,376
- Deferred
- $27,370
- Nontaxable benefits
- $35,039
- Filer's total
- $288,803
-
Anil GokhaleANIL GOKHALE
SR. DIR. CCPS PROJECTS
- Total calculated
- $303,666
- From this org
- $245,398
- From related orgs
- $0
- Other
- $58,268
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $209,977
- Bonus
- $32,946
- Other
- $2,475
- Deferred
- $29,880
- Nontaxable benefits
- $28,388
- Filer's total
- $303,666
-
Lisa LanzkowskyLISA LANZKOWSKY
CHIEF DEVELOPMENT OFFICER
- Total calculated
- $327,303
- From this org
- $263,166
- From related orgs
- $0
- Other
- $64,137
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $226,629
- Bonus
- $34,925
- Other
- $1,612
- Deferred
- $11,028
- Nontaxable benefits
- $53,109
- Filer's total
- $327,303
-
Jeffrey WoodJEFFREY WOOD
PROCUREMENT DIRECTOR
- Total calculated
- $219,742
- From this org
- $204,000
- From related orgs
- $0
- Other
- $15,742
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $178,680
- Bonus
- $17,594
- Other
- $7,726
- Deferred
- $0
- Nontaxable benefits
- $15,742
- Filer's total
- $219,742
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 1a · Tax indemnification and gross-up payments
- 1b · Written policy on the line-1a expenses
- 2 · Substantiation required before reimbursing expenses
- 3 · Compensation committee
- 3 · Independent compensation consultant
- 3 · Written employment contract
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
- 5a · Pay contingent on this organization's revenues
- 6a · Pay contingent on this organization's net earnings
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5b · Pay contingent on a related organization's revenues
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- SCHEDULE J, PART I, LINES 1A, 5, 6 AND 7:
- PART I, QUESTION #1A: THE ORGANIZATION MAKES GROSS-UP PAYMENTS AS FOLLOWS: THE REIMBURSEMENT OF CERTAIN HOTEL AND TRAVEL EXPENSES IS ADDED TO INDIVIDUAL REPORTED INCOME, AND GROSSED UP FOR TAX PURPOSES. THOSE AMOUNTS ARE REPORTED IN PART II, COLUMN (III) AS PART OF OTHER COMPENSATION. PART I, QUESTION #5: THE ORGANIZATION PAID BONUSES CONTINGENT ON REVENUES FROM OPERATIONS. PART I, QUESTION #6: THE ORGANIZATION PAID BONUSES CONTINGENT ON THE NET EARNINGS (CHANGE IN NET ASSETS FROM OPERATIONS) OF THE ORGANIZATION. PART I, QUESTION #7: THE ORGANIZATION ADDITIONALLY PROVIDED NON-FIXED PAYMENTS CONTINGENT ON THE FOLLOWING: A. ACHIEVE BUDGETED NET OPERATIONS PROFITABILITY. B. INCREASE AND RETAIN PROFESSIONAL MEMBERS. C. OPERATIONALIZE AICHE'S STRATEGIC PLAN FOR INCLUSION, DIVERSITY, EQUITY, ANTI-RACISM, AND LEARNING (IDEAL). D. ADVANCE THE INSTITUTE FOR LEARNING AND INNOVATION (ILI)
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 15 November 2023
- IRS schema version
- 2022v5.0
- Source object
- 202342279349303029
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