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Nonprofiteer
← AMERICAN INSTITUTE OF CHEMICAL ENGINEERS

Form 990 for tax year 2024

Filed by AMERICAN INSTITUTE OF CHEMICAL ENGINEERS.

Totals

Total revenue
$49,732,128
Total expenses
$44,631,324
Contributions and grants received
$15,440,765
Grants paid
$5,254,756
Program service revenue
$25,921,600
Investment income
$6,409,013
Other revenue
$1,960,750
Total assets, end of year
$68,381,462
Total liabilities, end of year
$14,173,035
Net assets or fund balances, end of year
$54,208,427
Program services expenses (Part IX)
$36,665,871
Management and general expenses
$6,330,545
Fundraising expenses
$1,634,908
Program service expenses (Part III)
$36,665,871

Program services were 82.2% 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

    $357,900

  • 1e · Government grants (contributions)

    $4,765,527

  • 1f · All other contributions, gifts and grants

    $10,317,338

  • 1g · Noncash contributions included above

    $11,891

  • 2a · Program service revenue: RAPID, CCPS AND CONSORTIUM

    total $9,297,904 · related or exempt $9,297,904

  • 2b · Program service revenue: MEETINGS AND TECHNICAL PROGRAMMIN

    total $8,971,947 · related or exempt $8,971,947

  • 2c · Program service revenue: EDUCATIONAL SERVICES

    total $3,458,169 · related or exempt $3,458,169

  • 2d · Program service revenue: MEMBERSHIP DUES

    total $3,294,052 · related or exempt $3,294,052

  • 2e · Program service revenue: PUBLICATION

    total $716,585 · related or exempt $220,761 · unrelated business $495,824

  • 2f · All other program service revenue

    total $182,943 · related or exempt $182,943

  • 3 · Investment income

    total $1,875,617 · excluded $1,875,617

  • 5 · Royalties

    total $2,009,685 · excluded $2,009,685

  • 7a · Gross sales of assets other than inventory

    securities $33,356,656

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

    securities $28,823,260

  • 7c · Gain or loss

    securities $4,533,396

  • 7d · Net gain or loss

    total $4,533,396 · excluded $4,533,396

  • 8a · Fundraising events: gross income

    $91,300

  • 8a · Fundraising events: contributions included on line 1c

    $357,900

  • 8b · Fundraising events: direct expenses

    $140,235

  • 8c · Net income from fundraising events

    total -$48,935 · excluded -$48,935

Functional expenses

Part IX, the statement of functional expenses.

  • 2 · Grants to domestic individuals

    total $5,219,333 · program services $5,219,333

  • 3 · Grants to foreign organizations and individuals

    total $35,423 · program services $35,423

  • 5 · Compensation of officers, directors and key employees

    total $3,071,415 · program services $1,787,512 · management and general $996,270 · fundraising $287,633

  • 7 · Other salaries and wages

    total $11,758,473 · program services $9,088,635 · management and general $2,124,582 · fundraising $545,256

  • 8 · Pension plan contributions

    total $1,195,927 · program services $942,945 · management and general $197,110 · fundraising $55,872

  • 9 · Other employee benefits

    total $1,748,592 · program services $1,377,071 · management and general $310,295 · fundraising $61,226

  • 10 · Payroll taxes

    total $1,030,236 · program services $781,336 · management and general $193,590 · fundraising $55,310

  • 11b · Fees: legal

    total $153,337 · program services $70,447 · management and general $82,890

  • 11e · Fees: professional fundraising services

    total $72,765 · fundraising $72,765

  • 11f · Fees: investment management

    total $92,317 · management and general $92,317

  • 11g · Fees: other

    total $6,535,793 · program services $5,611,599 · management and general $830,992 · fundraising $93,202

  • 12 · Advertising and promotion

    total $771,428 · program services $768,222 · management and general $767 · fundraising $2,439

  • 13 · Office expenses

    total $2,268,435 · program services $1,917,429 · management and general $238,492 · fundraising $112,514

  • 14 · Information technology

    total $306,615 · program services $274,325 · management and general $14,391 · fundraising $17,899

  • 15 · Royalties

    total $58,800 · program services $58,800

  • 16 · Occupancy

    total $813,572 · program services $141,778 · management and general $659,426 · fundraising $12,368

  • 17 · Travel

    total $1,251,774 · program services $1,082,526 · management and general $134,936 · fundraising $34,312

  • 19 · Conferences, conventions and meetings

    total $2,879,216 · program services $2,661,361 · management and general $63,089 · fundraising $154,766

  • 22 · Depreciation, depletion and amortization

    total $654,087 · program services $540,653 · management and general $88,863 · fundraising $24,571

  • 23 · Insurance

    total $178,296 · management and general $178,296

  • 24a · Other expenses: EQUIPMENT RENTAL AND MA

    total $2,425,685 · program services $2,196,921 · management and general $123,989 · fundraising $104,775

  • 24b · Other expenses: PAYMENTS TO SUBRECIPIEN

    total $2,109,555 · program services $2,109,555

  • 24c · Other expenses: UBIT AND FOREIGN TAXES

    total $250 · management and general $250

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,681,841 · end of year $2,279,778

  • 2 · Savings and temporary cash investments

    beginning of year $1,439,666 · end of year $7,549,138

  • 3 · Pledges and grants receivable

    beginning of year $14,779,076 · end of year $16,508,339

  • 4 · Accounts receivable

    beginning of year $2,759,919 · end of year $4,242,310

  • 9 · Prepaid expenses and deferred charges

    beginning of year $1,190,632 · end of year $2,574,283

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

    $8,920,518

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

    $7,854,489

  • 10c · Land, buildings and equipment, net

    beginning of year $1,543,036 · end of year $1,066,029

  • 11 · Investments: publicly traded securities

    beginning of year $36,914,665 · end of year $31,627,187

  • 14 · Intangible assets

    beginning of year $2,704,417 · end of year $2,306,512

  • 15 · Other assets

    beginning of year $170,039 · end of year $227,886

  • 17 · Accounts payable and accrued expenses

    beginning of year $3,622,524 · end of year $4,820,611

  • 19 · Deferred revenue

    beginning of year $3,401,951 · end of year $4,637,073

  • 25 · Other liabilities

    beginning of year $6,103,363 · end of year $4,715,351

  • 27 · Net assets without donor restrictions

    beginning of year $19,305,631 · end of year $20,043,362

  • 28 · Net assets with donor restrictions

    beginning of year $30,749,822 · end of year $34,165,065

Mission and programs · 2024

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.

Activities or mission (Part I)

SEE SCHEDULE O.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 $4,408,317 REPORTED IN PART VIII, LINE 1, AND EXCLUDES ROYALTIES OF $353,725 REPORTED IN PART VIII, LINE 5.

    Expenses $12,157,272 · Grants $38,047 · Revenue $9,297,904

  • 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 $309,790 REPORTED IN PART VIII, LINE 1, AND EXCLUDES ROYALTIES OF $48,536 REPORTED IN PART VIII, LINE 5.

    Expenses $8,677,794 · Grants $16,783 · Revenue $8,971,947

  • EDUCATION SERVICES TO PROVIDE SEMINARS AND COURSES TO THE GENERAL PUBLIC WHICH PROVIDES EDUCATIONAL OPPORTUNITIES RELATED TO CHEMICAL ENGINEERING. THE ABOVE REVENUE EXCLUDES REVENUES FROM CHARITABLE CONTRIBUTIONS AND GRANTS OF $48,420 REPORTED IN PART VIII, LINE 1 AND THE REVENUE BELOW EXCLUDES DIVIDENDS OF $100,000 REPORTED IN PART VIII, LINE 3.

    Expenses $3,324,676 · Grants $31,213 · Revenue $3,458,169

  • 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 $1,206,453 REPORTED IN PART VIII, LINE 5 AND EXCLUDES ADVERTISING REVENUES OF $432,490 REPORTED IN PART VIII, LINE 2F.

    Expenses $1,979,271 · Grants $6,000 · Revenue $220,761

  • 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 $23,193 REPORTED IN PART VIII, LINE 1, EXCLUDES ROYALTIES OF $400,971 REPORTED IN PART VIII, LINE 5, EXCLUDES ADVERTISING REVENUES OF $63,334 REPORTED ON PART VIII, LINE 2E AND EXCLUDES DIVIDEND REVENUE OF $552,759 REPORTED ON PART VIII, LINE 3.

    Expenses $3,339,461 · Grants $87,717 · Revenue $3,294,052

  • OTHER PROGRAM SUPPORT TO SUPPORT VARIOUS PROGRAMS APPROVED BY THE BOARD OF DIRECTORS FROM TRANSFERS FROM THE ORGANIZATION'S FOUNDATION, OTHER OPERATING REVENUES, AND A PORTION OF INVESTMENT RETURN. THE REVENUE BELOW EXCLUDES REVENUES FROM CHARITABLE CONTRIBUTIONS AND GRANTS OF $75,256 REPORTED IN PART VIII, LINE 1 AND EXCLUDES DIVIDEND REVENUE OF $6,642 REPORTED ON PART VIII, LINE 3.

    Expenses $7,187,397 · Grants $5,074,996 · Revenue $182,943

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Alan E Nelson

    PRESIDENT

    Total calculated
    $0
    Hours/week
    25

  • Ana P Davis

    TREASURER

    Total calculated
    $0
    Hours/week
    10

  • Anne O'Neal

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5

  • Billy B Bardin

    PAST PRESIDENT

    Total calculated
    $0
    Hours/week
    8

  • Concetta La Marca

    DIRECTOR

    Total calculated
    $0
    Hours/week
    6

  • Daryl Roberts

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • David Dixon

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3

  • David Parrillo

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Hugh R James

    DIRECTOR

    Total calculated
    $0
    Hours/week
    8

  • James R Beilstein Jr

    DIRECTOR

    Total calculated
    $0
    Hours/week
    4

  • Jean W Tom

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Jessica O Winter

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Joseph D Smith

    PRESIDENT-ELECT

    Total calculated
    $0
    Hours/week
    15

  • Laura Matz

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Mary Kathryn Lee

    SECRETARY

    Total calculated
    $0
    Hours/week
    2

  • Norma A Alcantar

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Omolola Eniola-Adefeso

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Barbara Valentine

    CHIEF FINANCIAL OFFICER

    Total calculated
    $464,490
    From this org
    $381,194
    From related orgs
    $0
    Other
    $83,296
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $309,857
    Bonus
    $69,789
    Other
    $1,548
    Deferred
    $43,859
    Nontaxable benefits
    $39,437
    Filer's total
    $464,490

  • Darlene Schuster

    EXECUTIVE DIR. & CEO (UNTIL 10/2024)

    Total calculated
    $531,780
    From this org
    $470,904
    From related orgs
    $0
    Other
    $60,876
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $314,165
    Bonus
    $82,583
    Other
    $74,156
    Deferred
    $34,205
    Nontaxable benefits
    $26,671
    Filer's total
    $531,780

  • Evan Flach

    SR. DIR. CONFERENCES

    Total calculated
    $282,385
    From this org
    $242,905
    From related orgs
    $0
    Other
    $39,480
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $216,761
    Bonus
    $25,856
    Other
    $288
    Deferred
    $28,219
    Nontaxable benefits
    $11,261
    Filer's total
    $282,385

  • Gina Gatto

    CHIEF OF EXTERNAL ENGAGEMENT

    Total calculated
    $237,433
    From this org
    $196,959
    From related orgs
    $0
    Other
    $40,474
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $175,695
    Bonus
    $17,096
    Other
    $4,168
    Deferred
    $21,544
    Nontaxable benefits
    $18,930
    Filer's total
    $237,433

  • Ignasi Palou-Rivera

    EXE. DIR. AND CHIEF TECH. OFFICER

    Total calculated
    $317,703
    From this org
    $243,437
    From related orgs
    $0
    Other
    $74,266
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $216,850
    Bonus
    $20,023
    Other
    $6,564
    Deferred
    $29,735
    Nontaxable benefits
    $44,531
    Filer's total
    $317,703

  • Lisa Lanzkowsky

    CDO (UNTIL 10/2024)

    Total calculated
    $287,633
    From this org
    $218,569
    From related orgs
    $0
    Other
    $69,064
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $189,946
    Bonus
    $27,398
    Other
    $1,225
    Deferred
    $22,748
    Nontaxable benefits
    $46,316
    Filer's total
    $287,633

  • Michelle Bryner

    SR DIR. PUBLICATIONS & BUS. DEV.

    Total calculated
    $289,705
    From this org
    $243,820
    From related orgs
    $0
    Other
    $45,885
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $202,294
    Bonus
    $36,668
    Other
    $4,858
    Deferred
    $28,065
    Nontaxable benefits
    $17,820
    Filer's total
    $289,705

  • Shakeel Kadri

    EXECUTIVE DIR. & CEO, CCPS

    Total calculated
    $464,453
    From this org
    $381,457
    From related orgs
    $0
    Other
    $82,996
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $301,338
    Bonus
    $46,666
    Other
    $33,453
    Deferred
    $43,599
    Nontaxable benefits
    $39,397
    Filer's total
    $464,453

  • Wendy Young

    SR DIR. INS. FOR ILI (UNTIL 9/2024)

    Total calculated
    $195,833
    From this org
    $169,161
    From related orgs
    $0
    Other
    $26,672
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $142,588
    Bonus
    $18,648
    Other
    $7,925
    Deferred
    $16,503
    Nontaxable benefits
    $10,169
    Filer's total
    $195,833

  • Amit Gupta

    CHIEF INFORMATION OFFICER

    Total calculated
    $321,215
    From this org
    $257,332
    From related orgs
    $0
    Other
    $63,883
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $233,703
    Bonus
    $22,801
    Other
    $828
    Deferred
    $31,421
    Nontaxable benefits
    $32,462
    Filer's total
    $321,215

  • Anil Gokhale

    SENIOR DIRECTOR, CCPS PROJECTS

    Total calculated
    $327,287
    From this org
    $266,007
    From related orgs
    $0
    Other
    $61,280
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $234,897
    Bonus
    $21,802
    Other
    $9,308
    Deferred
    $31,913
    Nontaxable benefits
    $29,367
    Filer's total
    $327,287

  • Denise Deluca Mallon

    SALES ACCOUNT MANAGER

    Total calculated
    $300,261
    From this org
    $231,796
    From related orgs
    $0
    Other
    $68,465
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $101,249
    Bonus
    $129,644
    Other
    $903
    Deferred
    $14,239
    Nontaxable benefits
    $54,226
    Filer's total
    $300,261

  • Jamal Salim

    CHIEF PEOPLE OFFICER

    Total calculated
    $286,979
    From this org
    $224,732
    From related orgs
    $0
    Other
    $62,247
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $201,453
    Bonus
    $18,746
    Other
    $4,533
    Deferred
    $20,290
    Nontaxable benefits
    $41,957
    Filer's total
    $286,979

  • Lucia Matthew

    CONTROLLER

    Total calculated
    $271,596
    From this org
    $225,297
    From related orgs
    $0
    Other
    $46,299
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $197,783
    Bonus
    $18,940
    Other
    $8,574
    Deferred
    $25,551
    Nontaxable benefits
    $20,748
    Filer's total
    $271,596

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 · Housing allowance or residence for personal use
  • 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
  • 4a · Severance or change-of-control payment
  • 6a · Pay contingent on this organization's net earnings
  • 7 · Other non-fixed payments

Answered no

  • 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
  • 6b · Pay contingent on a related organization's net earnings
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 1A
THE ORGANIZATION MAKES PAYMENTS FOR HOUSING ALLOWANCES TO SPECIFIC EMPLOYEES AS CONTRACTED. THOSE AMOUNTS ARE REPORTED IN PART II, COLUMN (III) AS PART OF OTHER COMPENSATION.
PART I, LINE 4A
SEVERANCE PAYMENT OF $62,275 WAS PAID DURING TAX YEAR 2024.
PART I, LINE 6
THE ORGANIZATION PAID BONUSES CONTINGENT ON THE NET EARNINGS OF THE ORGANIZATION.
PART I, LINE 7
THE ORGANIZATION PROVIDED NON-FIXED PAYMENTS BASED UPON THE PERFORMANCE OF THE ORGANIZATION EVALUATED AGAINST AN ANNUAL SCORECARD OF GOALS.

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
2024
Filed
15 August 2024
IRS schema version
2024v5.2
Source object
202502949349300825

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