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Form 990 for tax year 2023

Filed by AMERICAN CHEMICAL SOCIETY.

Totals

Total revenue
$739,501,994
Total expenses
$731,312,227
Contributions and grants received
$6,077,598
Grants paid
$24,873,791
Program service revenue
$728,208,079
Investment income
$2,129,644
Other revenue
$3,086,673
Total assets, end of year
$1,933,606,928
Total liabilities, end of year
$359,796,918
Net assets or fund balances, end of year
$1,573,810,010
Program services expenses (Part IX)
$647,483,010
Management and general expenses
$82,147,025
Fundraising expenses
$1,682,192
Program service expenses (Part III)
$647,483,010

Program services were 88.5% 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.

  • 1e · Government grants (contributions)

    $360,908

  • 1f · All other contributions, gifts and grants

    $5,716,690

  • 1g · Noncash contributions included above

    $56,595

  • 2a · Program service revenue: INFORMATION SERVICES

    total $698,064,893 · related or exempt $690,797,027 · unrelated business $7,267,866

  • 2b · Program service revenue: EDUCATION & MEMBERSHIP

    total $18,815,515 · related or exempt $9,793,673 · unrelated business $127,000 · excluded $8,894,842

  • 2c · Program service revenue: MEMBER INSURANCE PROGRAM

    total $11,327,671 · unrelated business $11,327,671

  • 3 · Investment income

    total $15,875,035 · unrelated business -$691,979 · excluded $16,567,014

  • 4 · Income from investment of tax-exempt bond proceeds

    total $0

  • 5 · Royalties

    total $2,663,076 · excluded $2,663,076

  • 6a · Gross rents

    real property $18,128 · personal property $0

  • 6b · Less rental expenses

    real property $11,850 · personal property $0

  • 6c · Rental income or loss

    real property $6,278 · personal property $0

  • 6d · Net rental income or loss

    total $6,278 · related or exempt $6,278

  • 7a · Gross sales of assets other than inventory

    securities $141,293,681

  • 7b · Less cost or other basis and sales expenses

    securities $155,039,072

  • 7c · Gain or loss

    securities -$13,745,391

  • 7d · Net gain or loss

    total -$13,745,391 · excluded -$13,745,391

  • 8a · Fundraising events: gross income

    $0

  • 8b · Fundraising events: direct expenses

    $0

  • 8c · Net income from fundraising events

    total $0

  • 9a · Gaming: gross income

    $0

  • 9b · Gaming: direct expenses

    $0

  • 9c · Net income from gaming

    total $0

  • 10a · Gross sales of inventory

    $0

  • 10b · Cost of goods sold

    $0

  • 10c · Net income from sales of inventory

    total $0

  • 11a · Other revenue: MISCELLANEOUS REVENUE

    total $417,319 · related or exempt $417,319

  • 11e · Other revenue, total

    $417,319

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $22,390,646 · program services $22,390,646

  • 2 · Grants to domestic individuals

    total $1,095,543 · program services $1,095,543

  • 3 · Grants to foreign organizations and individuals

    total $1,387,602 · program services $1,387,602

  • 4 · Benefits paid to or for members

    total $0

  • 5 · Compensation of officers, directors and key employees

    total $4,304,267 · program services $1,985,961 · management and general $2,318,306

  • 6 · Compensation of disqualified persons

    total $0

  • 7 · Other salaries and wages

    total $225,763,027 · program services $195,498,668 · management and general $29,213,238 · fundraising $1,051,121

  • 8 · Pension plan contributions

    total $26,877,415 · program services $12,794,056 · management and general $14,028,370 · fundraising $54,989

  • 9 · Other employee benefits

    total $33,111,465 · program services $42,190,631 · management and general -$9,265,034 · fundraising $185,868

  • 10 · Payroll taxes

    total $16,061,782 · program services $14,333,486 · management and general $1,665,918 · fundraising $62,378

  • 11a · Fees: management

    total $0

  • 11b · Fees: legal

    total $2,805,404 · program services $765,573 · management and general $2,027,563 · fundraising $12,268

  • 11c · Fees: accounting

    total $638,592 · program services $27,684 · management and general $610,908

  • 11d · Fees: lobbying

    total $0

  • 11e · Fees: professional fundraising services

    total $0

  • 11f · Fees: investment management

    total $1,250 · fundraising $1,250

  • 11g · Fees: other

    total $177,534,184 · program services $171,724,773 · management and general $5,718,333 · fundraising $91,078

  • 12 · Advertising and promotion

    total $17,632,143 · program services $17,231,082 · management and general $400,886 · fundraising $175

  • 13 · Office expenses

    total $5,528,002 · program services $4,933,223 · management and general $510,656 · fundraising $84,123

  • 14 · Information technology

    total $57,398,530 · program services $42,242,995 · management and general $15,114,546 · fundraising $40,989

  • 15 · Royalties

    total $14,313,332 · program services $14,313,332

  • 16 · Occupancy

    total $10,460,107 · program services $7,521,926 · management and general $2,933,082 · fundraising $5,099

  • 17 · Travel

    total $11,931,092 · program services $9,112,478 · management and general $2,756,034 · fundraising $62,580

  • 18 · Travel or entertainment for public officials

    total $0

  • 19 · Conferences, conventions and meetings

    total $14,340,958 · program services $12,789,486 · management and general $1,548,883 · fundraising $2,589

  • 20 · Interest

    total $2,306,319 · management and general $2,306,319

  • 21 · Payments to affiliates

    total $0

  • 22 · Depreciation, depletion and amortization

    total $36,370,666 · program services $28,842,171 · management and general $7,528,495

  • 23 · Insurance

    total $804,954 · program services $180,450 · management and general $624,504

  • 24a · Other expenses: PREMIUM

    total $11,548,021 · program services $11,548,021

  • 24b · Other expenses: LIBRARY

    total $12,435,513 · program services $11,968,715 · management and general $464,387 · fundraising $2,411

  • 24c · Other expenses: PUBLICATION AND DISTRIBUTION

    total $5,185,461 · program services $5,375,574 · management and general -$190,113

  • 24d · Other expenses: EMPL TRAIN/DEV/RECRUITMENT

    total $5,024,252 · program services $3,922,798 · management and general $1,100,989 · fundraising $465

  • 24e · All other expenses

    total $14,061,700 · program services $13,306,136 · management and general $730,755 · fundraising $24,809

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $29,543,313 · end of year $22,537,368

  • 2 · Savings and temporary cash investments

    beginning of year $18,001,714 · end of year $43,640,969

  • 3 · Pledges and grants receivable

    beginning of year $2,290,778 · end of year $2,232,317

  • 4 · Accounts receivable

    beginning of year $66,073,194 · end of year $56,205,392

  • 5 · Loans and receivables from officers and key people

    beginning of year $0 · end of year $0

  • 6 · Loans and receivables from disqualified persons

    beginning of year $0 · end of year $0

  • 7 · Other notes and loans receivable

    beginning of year $0 · end of year $0

  • 8 · Inventories for sale or use

    beginning of year $0 · end of year $0

  • 9 · Prepaid expenses and deferred charges

    beginning of year $30,187,948 · end of year $36,726,723

  • 10a · Land, buildings and equipment: cost or other basis

    $524,437,937

  • 10b · Land, buildings and equipment: accumulated depreciation

    $399,257,160

  • 10c · Land, buildings and equipment, net

    beginning of year $125,278,517 · end of year $125,180,777

  • 11 · Investments: publicly traded securities

    beginning of year $1,214,019,671 · end of year $1,401,654,748

  • 12 · Investments: other securities

    beginning of year $217,883,632 · end of year $223,041,869

  • 13 · Investments: program-related

    beginning of year $0 · end of year $0

  • 14 · Intangible assets

    beginning of year $0 · end of year $5,678,364

  • 15 · Other assets

    beginning of year $14,792,138 · end of year $16,708,401

  • 17 · Accounts payable and accrued expenses

    beginning of year $87,795,929 · end of year $87,204,305

  • 18 · Grants payable

    beginning of year $786,713 · end of year $563,000

  • 19 · Deferred revenue

    beginning of year $150,507,078 · end of year $157,068,675

  • 20 · Tax-exempt bond liabilities

    beginning of year $0 · end of year $0

  • 21 · Escrow or custodial account liability

    beginning of year $0 · end of year $0

  • 22 · Loans and payables to officers and key people

    beginning of year $0 · end of year $0

  • 23 · Secured mortgages and notes payable

    beginning of year $0 · end of year $0

  • 24 · Unsecured notes and loans payable

    beginning of year $60,355,292 · end of year $60,364,652

  • 25 · Other liabilities

    beginning of year $55,801,038 · end of year $54,596,286

  • 27 · Net assets without donor restrictions

    beginning of year $628,859,262 · end of year $775,003,225

  • 28 · Net assets with donor restrictions

    beginning of year $733,965,593 · end of year $798,806,785

Mission and programs · 2023

Mission

THE AMERICAN CHEMICAL SOCIETY IS A FEDERALLY CHARTERED ORGANIZATION WHOSE MISSION IS TO ADVANCE THE BROADER CHEMISTRY ENTERPRISE AND ITS PRACTITIONERS FOR THE BENEFIT OF EARTH AND ITS PEOPLE.

Activities or mission (Part I)

The ACS is a federally chartered organization whose mission is to advance the broader chemistry ENTERPRISE & ITS PRACTITIONERS for the benefit of earth & its people.

  • INFORMATION SERVICES THE AMERICAN CHEMICAL SOCIETY (ACS) ACHIEVES ITS GOAL TO BE AN INDISPENSABLE PROFESSIONAL AND INFORMATION RESOURCE FOR MEMBERS AND OTHER CHEMISTRY-RELATED PRACTITIONERS THROUGH TWO PUBLISHING DIVISIONS, CAS, AND ACS PUBLICATIONS. THESE DIVISIONS PROVIDE SIGNIFICANT SERVICES TO ACS MEMBERS AND THE GLOBAL SCIENTIFIC COMMUNITY WITH ACCURATE, TIMELY, AND AUTHORITATIVE CHEMICAL AND RELATED SCIENTIFIC INFORMATION. CAS CONNECTS THE WORLD'S SCIENTIFIC KNOWLEDGE TO ACCELERATE BREAKTHROUGHS THAT IMPROVE LIVES, EMPOWERING GLOBAL INNOVATORS TO EFFICIENTLY NAVIGATE TODAY'S COMPLEX DATA LANDSCAPE AND MAKE CONFIDENT DECISIONS IN EACH PHASE OF THE INNOVATION JOURNEY. AS A SPECIALIST IN SCIENTIFIC KNOWLEDGE MANAGEMENT, CAS BUILDS THE LARGEST AUTHORITATIVE COLLECTION OF HUMAN-CURATED SCIENTIFIC DATA IN THE WORLD AND PROVIDES ESSENTIAL INFORMATION SOLUTIONS, SERVICES, AND EXPERTISE. SCIENTISTS, PATENT PROFESSIONALS, AND BUSINESS LEADERS ACROSS INDUSTRIES RELY ON CAS TO HELP THEM UNCOVER OPPORTUNITIES, MITIGATE RISKS, AND UNLOCK SHARED KNOWLEDGE SO THEY CAN GET FROM INSPIRATION TO INNOVATION FASTER. CAS PROVIDES POWERFUL INFORMATION SOLUTIONS, INCLUDING THE CAS SCIFINDER DISCOVERY PLATFORM(TM) AND THE STN IP PROTECTION SUITE(TM) THAT IMPROVE PRODUCTIVITY AND HELP ADVANCE DISCIPLINES - BE IT IN CHEMISTRY AND RELATED SCIENCES OR INTELLECTUAL PROPERTY. BROAD-BASED, EASY TO USE SOLUTIONS FROM CAS DRIVE DISCOVERY AND DEEP INSIGHTS FOR THE SCIENTIFIC ENTERPRISE THAT LEAD TO INNOVATIONS RANGING FROM PRODUCT IMPROVEMENTS TO REVELATIONS THAT SOLVE SOME OF THE WORLD'S GREATEST CHALLENGES IN AREAS FROM TREATMENT OF DISEASE TO SUSTAINABLE ENERGY, OR TO GLOBAL FOOD SUPPLY NEEDS. CAS BRINGS UNIQUE CAPABILITIES TO DESIGN CAS CUSTOM SERVICES THAT MAXIMIZE THE STRATEGIC IMPACT OF SCIENTIFIC INFORMATION, INCLUDING DIGITAL ASSETS, POWERING DATA-DRIVEN DECISIONS AND ENABLING ORGANIZATIONS TO INNOVATE MORE EFFICIENTLY. ACS PUBLICATIONS DELIVERED A STRONG PERFORMANCE IN 2023. ACS JOURNALS CONTINUED TO GROW IN SUBMISSIONS, PUBLISHED OUTPUT, USAGE, AND CITATIONS. 2023 HIGHLIGHTS INCLUDED THE FOLLOWING: . ACS JOURNALS CONTINUED GLOBAL LEADERSHIP AND INFLUENCE. THE PORTFOLIO OF ACS PEER REVIEWED JOURNALS CONTINUED TO REPRESENT THE MOST TRUSTED, MOST CITED, MOST READ SCIENTIFIC PUBLICATIONS IN THEIR RESPECTIVE FIELDS. DURING 2023, KEY EDITORIAL AND QUALITY METRICS CONTINUED TO SHOW STRONG PERFORMANCE, WITH: . OVER 64K PEER REVIEWED ARTICLES PUBLISHED . OVER 305 MILLION FULL-TEXT ARTICLE DOWNLOADS . C.4.5 MILLION TOTAL CITATIONS REPORTED . THE SUCCESSFUL INTRODUCTION OF ACS ES&T AIR AND ACS SUSTAINABLE RESOURCE MANAGEMENT . ACS ACQUIRED CHRONOSHUB TO ENHANCE AUTHOR INFORMATION SOLUTIONS. THE PUBLICATIONS DIVISION INVESTED IN THE ACQUISITION OF CHRONOSHUB TO DEVELOP AND ENHANCE THE AUTHOR EXPERIENCE. CHRONOSHUB IS AN OPEN ACCESS MANAGEMENT PLATFORM THAT STREAMLINES PUBLISHING WORKFLOWS AND ENSURES EFFECTIVE COLLABORATION BETWEEN KEY STAKEHOLDERS TO PROMOTE OPEN SCIENCE. . ACS JOURNALS ENABLED OPEN ACCESS/OPEN SCIENCE. TRANSFORMATIVE 'READ + PUBLISH' AGREEMENTS COVERED OVER 1,000 INSTITUTIONS IN 39 COUNTRIES. ACS PUBLICATIONS WAS THE FIRST PUBLISHER TO LAUNCH A NEW OPTION FOR AUTHORS TO SATISFY GROWING FUNDER AND INSTITUTIONAL REQUIREMENTS FOR ZERO-EMBARGO GREEN OPEN ACCESS, EXPANDING THE RANGE OF PATHWAYS THROUGH WHICH AUTHORS CAN PUBLISH WITH ACS. CHEMRXIV SURPASSED 21K POSTED REPRINTS AND 49 MILLION VIEWS/DOWNLOADS. . C&EN PASSED A SIGNIFICANT MILESTONE. C&EN CELEBRATED ITS CENTENNIAL WITH A SPECIAL ISSUE COVERING TEN CONSEQUENTIAL EVENTS, DISCOVERIES, AND DEVELOPMENTS OF THE PAST CENTURY AS WELL AS LOOKING AHEAD AT CHALLENGES REMAINING TO BE ADDRESSED. . ACS JOURNALS AND C&EN PRIORITIZED DIVERSITY, EQUITY, INCLUSION, AND RESPECT. THE DIVISION PUBLISHED THE THIRD ACS PUBLICATIONS DIVERSITY DATA REPORT THAT PRESENTED 2023 DEMOGRAPHICS OF ACS PUBLICATIONS CONTRIBUTORS AND UPDATES ON ACTIVE DEIR INITIATIVES. C&EN PUBLISHED THE ACS INCLUSIVITY STYLE GUIDE TIP SHEETS TO HELP WRITERS MAKE THEIR CONTENT WELCOMING TO ALL AUDIENCES. . THE COMMUNICATIONS DIVISION IS COMPRISED OF ACS ADVERTISING SALES AND MARKETING, C&EN, COMMUNICATIONS, AND WEB STRATEGY & OPERATIONS. ITS MISSION IS TO PROVIDE NEWS AND ACS INFORMATION AND TO COMMUNICATE THE VITAL ROLE OF CHEMICAL PROFESSIONALS AND THE CHEMICAL SCIENCES IN SOLVING CRITICAL GLOBAL CHALLENGES AND IMPROVING EVERYDAY LIFE TO THE PUBLIC, POLICYMAKERS, NEWS MEDIA, AND ACS MEMBERS. THE FUNCTION COORDINATES MESSAGE DEVELOPMENT AND SPEECHWRITING; PROMOTION OF SOCIETY NEWS AND PUBLICATIONS TO THE MEDIA; COMMUNICATION OF SOCIETY NEWS TO ITS MEMBERS; CONDUCTS MEDIA TRAINING AND TRAINING/TECHNICAL ASSISTANCE TO MEMBERS INVOLVED IN COMMUNICATIONS; SALES AND MARKETING OF SOCIETY CONTENT; AND OVERSEES THE PREPARATION OF THE SOCIETY'S ANNUAL REPORT, AMONG OTHER THINGS. IN ADDITION, THE FUNCTION ALSO OVERSEES THE SOCIETY'S WEB PRESENCE, SOCIAL MEDIA PRESENCE, AND MULTIMEDIA EFFORTS.

    Expenses $557,013,470 · Revenue $698,064,893

  • EDUCATION AND MEMBERSHIP IN 2023, ACS PROVIDED FORMAL AND INFORMAL EDUCATIONAL RESOURCES, INSTRUCTION, AND MENTORSHIP FOR ELEMENTARY, SECONDARY, UNDERGRADUATE, AND GRADUATE STUDENTS AND EDUCATORS. THE AMERICAN ASSOCIATION OF CHEMISTRY TEACHERS (AACT) ENDED 2023 WITH MORE THAN 8,136 MEMBERS. AACT HAS GROWN ITS CLASSROOM LIBRARY TO OVER 1,100 RESOURCES AND RECEIVED OVER 2.8 MILLION WEB VISITS IN 2023. THE ACS WEBSITE FOR THE "GET THE FACTS OUT" PROJECT CONTINUED TO BE PROMOTED, PROVIDING INFORMATION AND A TOOL KIT FOR CHANGING THE MISPERCEPTIONS AROUND CAREERS IN TEACHING SCIENCE AND MATH IN SECONDARY SCHOOLS. THE US CHEMISTRY OLYMPIAD TEAM WON TWO GOLD AND TWO SILVER MEDALS AT THE 55TH INTERNATIONAL CHEMISTRY OLYMPIAD. THE IMPACT OF SCIENCE OUTREACH, INCLUDING CHEMISTS CELEBRATE EARTH WEEK AND NATIONAL CHEMISTRY WEEK, WAS ENHANCED BY A NEW WEBSITE FOR OUTREACH ACTIVITIES, 32 CHEMISTRY FESTIVAL GRANT AWARDS, AND TWO OUTREACH SUMMITS. WORKING WITH THE FIVE SCIENTIFIC SOCIETIES THAT ESTABLISHED THE INCLUSIVE GRADUATE EDUCATION NETWORK, THE ACS BRIDGE PROJECT EXTENDED ITS REACH IN 2023 TO INCLUDE 45 CHEMICAL SCIENCES DEPARTMENTS, OVER 120 ACS BRIDGE FELLOWS, AND A COLLECTION OF PROFESSIONAL DEVELOPMENT ACTIVITIES FOCUSED ON INCREASING THE NUMBER OF UNDERREPRESENTED STUDENTS WHO RECEIVE DOCTORAL DEGREES IN CHEMICAL SCIENCE AS WELL AS PROVIDING FACULTY AND DEPARTMENTAL SUPPORT. OVER 60 STUDENTS WERE FINANCIALLY SUPPORTED TO ATTEND THE 2023 ACS SPRING/FALL MEETINGS. A RAPID-FIRE SYMPOSIUM AND TRAVEL AWARD BREAKFAST WERE HELD AT ELI LILLY. IN PARTNERSHIP WITH THE GENENTECH FOUNDATION, ACS ALSO HOSTED THE INAUGURAL BRIDGE CAREER CONFERENCE FOR 150 ACS BRIDGE FELLOWS, GRADUATE STUDENTS, AND POSDOCTORAL SCHOLARS, AS WELL AS A CAREER KICKSTARTER WORKSHOP FOR 50 SELECTED PARTICIPANTS. THE ACS SCHOLARS PROGRAM PROVIDED $1.1M SCHOLARSHIPS TO 320 UNDERGRADUATE STUDENTS FROM UNDERREPRESENTED GROUPS IN 2023. WORKING WITH 70 COORDINATORS AND ALMOST 400 MENTORS, ACS PROJECT SEED OFFERED IN-PERSON AND VIRTUAL SUMMER RESEARCH EXPERIENCES TO 346 HIGH SCHOOL STUDENTS IN 2023, ALONG WITH A WEEK-LONG VIRTUAL ORIENTATION FOCUSED ON LAB PREPAREDNESS AND PROFESSIONAL DEVELOPMENT AND WEEKLY VIRTUAL SEMINARS. FOR THE 2022-2023 SCHOOL YEAR, ACS AWARDED 49 PROJECT SEED COLLEGE SCHOLARSHIPS TO ALUMNI ENTERING THEIR FRESHMAN YEAR IN COLLEGE. THE INITIATIVE ON FOSTERING A SKILLED TECHNICAL WORKFORCE EXPANDED ENGAGEMENT OF A DIVERSE NETWORK OF STAKEHOLDERS CRITICAL TO THE RECRUITMENT AND PREPARATION OF STUDENTS AND POTENTIAL EMPLOYEES USING SCIENCE AND ENGINEERING SKILLS IN THEIR JOBS, BUT NOT HOLDING A BACHELOR'S DEGREE. THE CHEMICAL TECHNICAL PROFESSIONALS WEBSITE LAUNCHED, AND THE ACS PREPARECTP SEED GRANT PROGRAM WAS PILOTED. RECOGNITION, WORKSHOPS, AND GRANTS WERE OFFERED TO STUDENTS AND EDUCATORS. TWO UPDATED SETS OF GUIDELINES WERE RELEASED FOR BACHELOR'S DEGREE PROGRAMS AND TWO-YEAR COLLEGE PROGRAMS. ELECTRONIC CREDENTIALS WERE OFFERED TO OVER 1,200 CERTIFIED GRADUATES OF ACS-APPROVED PROGRAMS. A DISCUSSION SERIES FOCUSED ON UNDERGRADUATE EDUCATION FOR CHAIRS OF CHEMISTRY DEPARTMENTS CONTINUED IN 2023. THE ACS INSTITUTE, AN ONLINE PORTAL TO A COLLECTION OF PROFESSIONALS AND CAREER DEVELOPMENT RESOURCES, HAS EIGHT CENTERS OF LEARNNG AND 120 COURSES AND WORKSHOPS, SIX OF WHICH WERE ADDED IN 2023. IN 2023, 94 ACS CAREER CONSULTANTS HELD 362 INDIVIDUAL CAREER CONSULTATIONS AND MONTHLY VIRTUAL OFFICE HOURS FOR APPROXIMATELY 1,600 ATTENDEES TOTAL. ACS CONTINUED TO ADVANCE AND CULTIVATE CHEMICAL SAFETY. IN 2023, THE PILOT HIGH SCHOOL CHEMICAL SAFETY GRANT PROGRAM FUNDED THREE OF 60 APPLICATIONS; 864 LEARNERS ENROLLED IN THE FREE ONLINE COURSE ON SAFE STORAGE AND MANAGEMENT OF CHEMICALS IN EDUCATIONAL SETTINGS; AND 4,445 LEARNERS ENROLLED IN THE CHEMICAL SAFETY AND RISK MANAGEMENT FOUNDATIONAL COURSE. THREE NEW VIDEOS WERE ADDED TO THE ACS CHEMICAL SAFETY YOUTUBE CHANNEL, WHICH NOW HOSTS 22 VIDEOS AND HAS GATHERED ALMOST 300,000 VIEWS SINCE ITS CREATION IN 2019. THE 2023 ACS PRESIDENTIAL SAFETY SUMMIT, WITH 40 INVITED PARTICIPANTS, FOCUSED ON GRADUATE-STUDENT LED LABORATORY SAFETY TEAMS. GREEN CHEMISTRY EDUCATIONAL ACTIVITIES INCLUDED: THE LAUNCH OF THE WEBSITE WITH GREEN AND SUSTAINABLE CHEMISTRY MODULES FOR UNDERGRADUATE CURRICULA: THE 2023 SUMMER SCHOOL ON GREEN CHEMISTRY AND SUSTAINABLE ENERGY, ATTENDED BY 62 STUDENTS FROM NORTH AND SOUTH AMERICA: GREEN CHEMISTRY STUDENT AWARDS: AND THE LAUNCH OF THE GREEN CHEMISTRY TEACHING AND LEARNING COMMUNITY WITH BEYOND BENIGN. ACS CONTINUED THE CAMPAIGN FOR A SUSTAINABLE FUTURE, HOSTING THE REIMAGINING CHEMISTRY EDUCATION SUMMIT, A HYBRID 2-DAY EVENT WITH OVER 325 PARTICIPANTS. TWO NEW GRANT PROGRAMS WERE ESTABLISHED, AWARDING 12 GRANTS TOTALING $500,000. THE GREEN CHEMISTRY FOR SUSTAINABILITY PLATFORM WAS LAUNCHED, WORKING WITH PARTNERS, TO ACCELERATE RESEARCH, INNOVATION, AND COMMERCIALIZATION OF SUSTAINABLE PROCESSES AND PRODUCTS. THE HYBRID SPRING 2023 AND FALL 2023 MEETINGS HAD MORE THAN 12,600 AND 15,200 REGISTRANTS FROM 72 AND 74 COUNTRIES, RESPECTIVELY, EACH WITH OVER 9,800 SUBMITTED ABSTRACTS. ACS HOSTED AND SUPPORTED A COLLECTION OF 25 OTHER SPECIALTY CONFERENCES, EVENTS, AND MEETINGS IN 2023, ATTRACTING MORE THAN 9,500 ATTENDEES. THIS INCLUDED EIGHT ACS REGIONAL MEETINGS, AS WELL AS THE 27TH GREEN CHEMISTRY & ENGINEERING CONFERENCE HELD IN A HYBRID FORMAT WITH OVER 800 ATTENDEES FROM 51 COUNTRIES. OTHER ACS EVENTS INCLUDED COLLOQUIA, WEBINARS, AND WORKSHOPS HELD IN CONJUCTION WITH OTHER MEETINGS AND CONFERENCES, AS WELL AS INDEPENDENTLY. OVER 150 OF THESE WERE ORGANIZED BY ACS PUBLICATIONS, INCLUDING 36 ACS ON CAMPUS EVENTS ATTENDED BY 4,800 PARTICIPANTS. IN 2023, VIRTUAL ACS SCIENCE TALKS FEATURED 27 SPEAKERS REPRESENTING 15 DIFFERENT COUNTRIES AND ATTRACTED APPROXIMATELY 20,000 REGISTRANTS FROM 148 COUNTRIES. IN 2023, ACS CLOSED THE YEAR WITH OVER 200,000 INDIVIDUALS IN ITS GLOBAL MEMBERSHIP COMMUNITY. ACS SUPPORTED A RANGE OF COMMUNITIES IN 2023, INCLUDING 32 DIVISIONS, 212 BRANCHES (US LOCAL SECTIONS AND INTERNATIONAL CHEMICAL SCIENCE CHAPTERS), 24 ACS GRADUATE STUDENT ORGANIZATIONS, ~1200 DOMESTIC ACS STUDENT CHAPTERS, AND 138 ACS INTERNATIONAL STUDENT CHAPTERS. THE 2023 ACS LEADERSHIP INSTITUTE, A GLOBAL SUMMIT, AND 23 PROGRAM CHAIR MEETINGS WERE HELD FOR OVER 400 ACS VOLUNTEER LEADERS. IN 2023, ACS INTERNATIONAL CHEMICAL SCIENCES CHAPTERS BEGAN RECEIVING ANNUAL ALLOTMENTS. IN 2023, 81 PEOPLE WERE RECOGNIZED WITH 556 NATIONAL AWARDS AT A CEREMONY WITH APPROXIMATELY 500 ATTENDEES, 22 ACS COMMITTEES PRESENTED 49 CHEMLUMINARY AWARDS AT A CEREMONY WITH OVER 300,150 ATTENDEES, AND 42 ACS FELLOWS WERE INDUCTED. INDUSTRY MEMBER ENGAGEMENT WAS INCREASED THROUGH EVENTS INCLUDING 2 INDUSTRY NETWORKING RECEPTIONS, A SUMMIT FOR CHIEF TECHNOLOGY OFFICERS, AND A SUMMIT FOR PHARMA EXECUTIVES. INDUSTRY MEMBERS WERE RECOGNIZED BY 17 NATIONAL AWARDS AND 6 HEROES OF CHEMISTRY AWARDS. THE ACS GREEN CHEMISTRY INSTITUTE INDUSTRIAL ROUNDTABLES AWARDED $480,000 IN RESEARCH GRANTS, DISTRIBUTING $400,000 OF THOSE FUNDS IN 2023. THE 2023 DIVERSITY LEADERS SUMMIT BROUGHT TOGETHER MORE THAN 40 PARTICIPANTS FROM INDUSTRY, ACADEMIA, GOVERNMENT, AND SOCIETIES. IN 2023, ACS SPONSORED AND ATTENDED PEER-SOCIETY CONFERENCES FOR THE NATIONAL ORGANIZATION FOR THE PROFESSIONAL ADVANCEMENT OF BLACK CHEMISTS AND CHEMICAL ENGINEERS (NOBCCHE), WHICH CELEBRATED ITS 50TH ANNIVERSARY; THE AMERICAN INDIAN SCIENCE AND ENGINEERING SOCIETY (AISES) CONFERENCE, WHERE ACS RECEIVED AISES' 2023 ADVOCACY PARTNER AWARD; AND THE SOCIETY FOR ADVANCEMENT OF CHICANOS/HISPANICS & NATIVE AMERICANS IN SCIENCE (SACNAS) CONFERENCE, WHICH CELEBRATED ITS 50TH ANNIVERSARY.

    Expenses $56,923,708 · Grants $7,377,703 · Revenue $18,815,515

  • ACS PETROLEUM RESEARCH FUND THE ACS PETROLEUM RESEARCH FUND IS A PERMANENTLY RESTRICTED ENDOWMENT ESTABLISHED TO PROVIDE RESOURCES FOR ADVANCED SCIENTIFIC EDUCATION AND FUNDAMENTAL RESEARCH IN THE PETROLEUM FIELD, WHICH MAY INCLUDE ANY FIELD OF PURE SCIENCE WHICH AFFORDS A BASIS FOR SUBSEQUENT RESEARCH DIRECTLY CONNECTED WITH THE PETROLEUM FIELD. IN 2023, THE ACS PRF FUNDED 190 GRANTS, TOTALING $19.8 MILLION. THE GRANTS INCLUDED 79 NEW DIRECTIONS GRANTS; 77 DOCTORAL NEW INVESTIGATOR GRANTS; 14 UNDERGRADUATE RESEARCH GRANTS; AND 20 UNDERGRADUATE NEW INVESTIGATOR GRANTS. THE FOLLOWING TYPES OF GRANTS ARE AMONG THOSE FUNDED BY THE ACS PETROLEUM RESEARCH FUND: - RESEARCH GRANTS FOR FUNDAMENTAL RESEARCH IN THE PETROLEUM FIELD AT PHD-GRANTING INSTITUTIONS. RESEARCH GRANTS TO ACADEMIC INSTITUTIONS FOR REGULARLY APPOINTED FACULTY SCIENTISTS AND ENGINEERS TO ASSIST ADVANCED SCIENTIFIC EDUCATION AND FUNDAMENTAL RESEARCH. - RESEARCH GRANTS FOR FUNDAMENTAL RESEARCH IN THE PETROLEUM FIELD AT THE UNDERGRADUATE LEVEL. RESEARCH GRANTS TO ACADEMIC INSTITUTIONS ON BEHALF OF FACULTY MEMBERS IN DEPARTMENTS NOT OFFERING A DOCTORAL DEGREE, TO SUPPORT THEIR RESEARCH WITH PARTICIPATION BY UNDERGRADUATES. - RESEARCH GRANTS FOR FUNDAMENTAL RESEARCH IN THE PETROLEUM FIELD FOR NEW FACULTY. STARTER GRANTS TO ASSIST THE RESEARCH OF YOUNG FACULTY MEMBERS WITH A PHD DEGREE WHO ARE WITHIN THEIR FIRST THREE YEARS OF THEIR FIRST ACADEMIC APPOINTMENT AS REGULAR FACULTY MEMBERS OF COLLEGES AND UNIVERSITIES IN THE UNITED STATES.

    Expenses $20,003,725 · Grants $17,496,087

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • MR MANUEL GUZMAN

    PRESIDENT, CAS

    Total calculated
    $1,299,273
    From this org
    $1,242,410
    From related orgs
    $0
    Other
    $56,863
    Hours/week
    40 + 2 related

    Schedule J breakdown matched by us

    Base
    $887,671
    Bonus
    $347,215
    Other
    $7,524
    Deferred
    $29,700
    Nontaxable benefits
    $27,163
    Filer's total
    $1,299,273
  • MR ALBERT HORVATH

    CHIEF EXECUTIVE OFFICER

    Total calculated
    $874,311
    From this org
    $816,632
    From related orgs
    $0
    Other
    $57,679
    Hours/week
    40 + 0.5 related

    Schedule J breakdown matched by us

    Base
    $684,766
    Bonus
    $124,342
    Other
    $7,524
    Deferred
    $29,700
    Nontaxable benefits
    $27,979
    Filer's total
    $874,311
  • MR BOLLAMPALLI RAO

    CTO VP INFO TECH, CAS

    Total calculated
    $698,443
    From this org
    $626,891
    From related orgs
    $0
    Other
    $71,552
    Hours/week
    40 + 2 related

    Schedule J breakdown matched by us

    Base
    $453,615
    Bonus
    $166,278
    Other
    $6,998
    Deferred
    $29,700
    Nontaxable benefits
    $41,852
    Filer's total
    $698,443
  • DR JAMES MILNE

    PRESIDENT, ACS PUBS

    Total calculated
    $672,088
    From this org
    $0
    From related orgs
    $627,782
    Other
    $44,306
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $0 + $438,632 related
    Bonus
    $0 + $176,792 related
    Other
    $0 + $12,358 related
    Deferred
    $0 + $44,306 related
    Nontaxable benefits
    $0
    Filer's total
    $0 + $672,088 related
  • MR CRAIG STEPHENS

    SVP SALES & MARKETING, CAS

    Total calculated
    $611,231
    From this org
    $542,877
    From related orgs
    $0
    Other
    $68,354
    Hours/week
    40 + 2.5 related

    Schedule J breakdown matched by us

    Base
    $397,024
    Bonus
    $139,814
    Other
    $6,039
    Deferred
    $29,700
    Nontaxable benefits
    $38,654
    Filer's total
    $611,231
  • DRSARAH TEGEN

    SVP CHIEF PUBS OFFICER

    Total calculated
    $606,203
    From this org
    $547,860
    From related orgs
    $0
    Other
    $58,343
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $380,623
    Bonus
    $165,953
    Other
    $1,284
    Deferred
    $29,700
    Nontaxable benefits
    $28,643
    Filer's total
    $606,203
  • MR FLINT H LEWIS

    SECRETARY & GENERAL COUNSEL

    Total calculated
    $605,480
    From this org
    $548,440
    From related orgs
    $0
    Other
    $57,040
    Hours/week
    40 + 6 related

    Schedule J breakdown matched by us

    Base
    $429,379
    Bonus
    $112,551
    Other
    $6,510
    Deferred
    $29,700
    Nontaxable benefits
    $27,340
    Filer's total
    $605,480
  • DR MICHAEL DENNIS

    VP, LEGAL, PMO & INNVTN, CAS

    Total calculated
    $598,319
    From this org
    $533,651
    From related orgs
    $0
    Other
    $64,668
    Hours/week
    40 + 1 related

    Schedule J breakdown matched by us

    Base
    $391,494
    Bonus
    $138,193
    Other
    $3,964
    Deferred
    $27,550
    Nontaxable benefits
    $37,118
    Filer's total
    $598,319
  • MR ERIC R KIMBALL

    VP FINANCE, CAS

    Total calculated
    $595,266
    From this org
    $540,265
    From related orgs
    $0
    Other
    $55,001
    Hours/week
    40 + 0.5 related

    Schedule J breakdown matched by us

    Base
    $392,092
    Bonus
    $144,333
    Other
    $3,840
    Deferred
    $29,700
    Nontaxable benefits
    $25,301
    Filer's total
    $595,266
  • MS LATREASE GARRISON

    CHIEF OPERATING OFFICER

    Total calculated
    $540,032
    From this org
    $468,854
    From related orgs
    $0
    Other
    $71,178
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $373,372
    Bonus
    $93,493
    Other
    $1,989
    Deferred
    $29,700
    Nontaxable benefits
    $41,478
    Filer's total
    $540,032
  • MS EMILY B KUNCHALA

    TREASURER & CFO

    Total calculated
    $296,533
    From this org
    $251,945
    From related orgs
    $0
    Other
    $44,588
    Hours/week
    40 + 0.5 related

    Schedule J breakdown matched by us

    Base
    $251,047
    Bonus
    $0
    Other
    $898
    Deferred
    $22,327
    Nontaxable benefits
    $22,261
    Filer's total
    $296,533
  • DR WAYNE E JONES JR

    DIRECTOR-AT-LARGE

    Total calculated
    $10,000
    From this org
    $10,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    10
  • DR LISA BALBES

    DIRECTOR, DISTRICT V

    Total calculated
    $4,350
    From this org
    $4,350
    From related orgs
    $0
    Other
    $0
    Hours/week
    10
  • DR MALIKA JEFFRIES-EL

    DIRECTOR-AT-LARGE

    Total calculated
    $900
    From this org
    $900
    From related orgs
    $0
    Other
    $0
    Hours/week
    10
  • DR KIMBERLY AGNEW-HEARD

    DIRECTOR, DISTRICT II

    Total calculated
    $650
    From this org
    $650
    From related orgs
    $0
    Other
    $0
    Hours/week
    10
  • DR TERI QUINN GRAY

    DIRECTOR, DISTRICT III

    Total calculated
    $650
    From this org
    $650
    From related orgs
    $0
    Other
    $0
    Hours/week
    10
  • DR PAUL W JAGODZINSKI

    CHAIR & DIRECTOR, DISTRICT VI

    Total calculated
    $0
    Hours/week
    20
  • DR JUDITH C GIORDAN

    PRESIDENT

    Total calculated
    $0
    Hours/week
    20
  • DR MARY K CARROLL

    PRESIDENT-ELECT

    Total calculated
    $0
    Hours/week
    10
  • DR ANGELA K WILSON

    IMMEDIATE PAST PRESIDENT

    Total calculated
    $0
    Hours/week
    10
  • DR KATHERINE L LEE

    DIRECTOR, DISTRICT I

    Total calculated
    $0
    Hours/week
    10
  • MS LISA HOUSTON

    DIRECTOR, DISTRICT IV

    Total calculated
    $0
    Hours/week
    10
  • DR NATALIE A LAFRANZO

    DIRECTOR-AT-LARGE

    Total calculated
    $0
    Hours/week
    10
  • DR LEE H LATIMER

    DIRECTOR-AT-LARGE

    Total calculated
    $0
    Hours/week
    10
  • DR WILL E LYNCH

    DIRECTOR-AT-LARGE

    Total calculated
    $0
    Hours/week
    10
  • DR CAROLYN RIBES

    DIRECTOR-AT-LARGE

    Total calculated
    $0
    Hours/week
    10

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 · Health or social club dues or initiation fees
  • 1b · Written policy on the line-1a expenses
  • 2 · Substantiation required before reimbursing expenses
  • 3 · Compensation committee
  • 3 · Independent compensation consultant
  • 3 · Form 990 of other organizations
  • 3 · Written employment contract
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 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)

PART I, LINE 1A:
FOR EACH OF THE LISTED BENEFITS PROVIDED TO OR FOR A LISTED PERSON PROVIDE IN PART III RELEVANT INFORMATION REGARDING THESE ITEMS: TYPE OF BENEFIT: SOCIAL CLUB DUES: THE ACS PAID FOR SOCIAL CLUB MEMBERSHIP DUES FOR THE TWO STAFF OFFICERS. THE PAYMENTS WERE TREATED AS ORDINARY AND NECESSARY BUSINESS EXPENSES. THE ACS AND THE TWO OFFICERS USED THE CLUB'S FACILITIES TO CONDUCT ACS BUSINESS ACTIVITIES. THE BENEFIT WAS NOT TREATED AS TAXABLE COMPENSATION FOR EACH EMPLOYEE. ACS DOES NOT REIMBURSE EXPENSES INCURRED FOR PERSONAL USE.

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

The 10 largest by cash amount. The API serves every itemized grant.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • ACS INTERNATIONAL LTD

    C CORP · MARKETING · DC · 100% owned · share of income $40,797,333 · share of assets $16,745,435 · controlled entity

    Directly controlled by ACS

  • ACS GROUP LIFE INSURANCE TRUST

    GRANTOR TRUST · INSURANCE · DC · 100% owned · share of income $11,090,290 · share of assets $37,364,342 · controlled entity

    Directly controlled by ACS

Provenance

Return type
form_990
Tax year
2023
Filed
8 November 2024
IRS schema version
2023v5.1
Source object
202423139349303672

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.