Skip to content
Nonprofiteer
← AMERICAN CHEMISTRY COUNCIL

Form 990 for tax year 2023

Filed by AMERICAN CHEMISTRY COUNCIL.

Totals

Total revenue
$180,755,978
Total expenses
$184,116,774
Contributions and grants received
$596,842
Grants paid
$1,698,955
Program service revenue
$175,859,384
Investment income
$2,843,471
Other revenue
$1,456,281
Total assets, end of year
$172,946,932
Total liabilities, end of year
$109,812,789
Net assets or fund balances, end of year
$63,134,143
Program services expenses (Part IX)
not reported
Management and general expenses
not reported
Fundraising expenses
not reported
Program service expenses (Part III)
not reported

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)

    $596,842

  • 2a · Program service revenue: MEMBERSHIP DUES

    total $125,532,663 · related or exempt $125,532,663

  • 2b · Program service revenue: CHEMTREC REG FEES

    total $34,224,629 · related or exempt $33,521,909 · unrelated business $702,720

  • 2c · Program service revenue: O/H REIMBURSEMENT

    total $7,706,723 · related or exempt $7,706,723

  • 2d · Program service revenue: OTHER PROJECTS

    total $3,735,995 · related or exempt $3,735,995

  • 2e · Program service revenue: MEETINGS/SEMINARS

    total $2,503,273 · related or exempt $2,503,273

  • 2f · All other program service revenue

    total $2,156,101 · related or exempt $2,156,101

  • 3 · Investment income

    total $3,962,754 · excluded $3,962,754

  • 5 · Royalties

    total $315,383 · excluded $315,383

  • 6a · Gross rents

    real property $107,581

  • 6b · Less rental expenses

    real property $0

  • 6c · Rental income or loss

    real property $107,581

  • 6d · Net rental income or loss

    total $107,581 · excluded $107,581

  • 7a · Gross sales of assets other than inventory

    securities $114,323,085

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

    securities $115,435,761 · other assets $6,607

  • 7c · Gain or loss

    securities -$1,112,676 · other assets -$6,607

  • 7d · Net gain or loss

    total -$1,119,283 · excluded -$1,119,283

  • 11a · Other revenue: SPONSORSHIP

    total $1,030,319 · excluded $1,030,319

  • 11b · Other revenue: OTHER INCOME

    total $2,998 · excluded $2,998

  • 11e · Other revenue, total

    $1,033,317

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $1,499,239

  • 2 · Grants to domestic individuals

    total $3,500

  • 3 · Grants to foreign organizations and individuals

    total $196,216

  • 5 · Compensation of officers, directors and key employees

    total $8,336,128

  • 6 · Compensation of disqualified persons

    total $483,261

  • 7 · Other salaries and wages

    total $42,592,287

  • 8 · Pension plan contributions

    total $5,307,883

  • 9 · Other employee benefits

    total $5,082,012

  • 10 · Payroll taxes

    total $3,109,208

  • 11b · Fees: legal

    total $3,974,269

  • 11c · Fees: accounting

    total $106,981

  • 11f · Fees: investment management

    total $235,607

  • 11g · Fees: other

    total $61,005,604

  • 12 · Advertising and promotion

    total $2,652,771

  • 13 · Office expenses

    total $1,621,269

  • 14 · Information technology

    total $3,920,293

  • 16 · Occupancy

    total $7,576,065

  • 17 · Travel

    total $2,634,583

  • 19 · Conferences, conventions and meetings

    total $3,411,082

  • 22 · Depreciation, depletion and amortization

    total $1,386,055

  • 23 · Insurance

    total $465,012

  • 24a · Other expenses: RESEARCH

    total $10,015,216

  • 24b · Other expenses: PANEL MANAGEMENT

    total $7,603,391

  • 24c · Other expenses: PUBLIC POLICY

    total $7,273,766

  • 24d · Other expenses: PROJECT EXPENSE

    total $1,221,702

  • 24e · All other expenses

    total $2,403,374

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $12,272,169 · end of year $32,872,870

  • 4 · Accounts receivable

    beginning of year $3,886,622 · end of year $3,383,260

  • 9 · Prepaid expenses and deferred charges

    beginning of year $2,357,066 · end of year $3,468,493

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

    $18,114,552

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

    $15,181,748

  • 10c · Land, buildings and equipment, net

    beginning of year $3,948,606 · end of year $2,932,804

  • 11 · Investments: publicly traded securities

    beginning of year $80,111,714 · end of year $61,425,146

  • 12 · Investments: other securities

    beginning of year $42,893,845 · end of year $52,692,710

  • 15 · Other assets

    beginning of year $21,613,755 · end of year $16,171,649

  • 17 · Accounts payable and accrued expenses

    beginning of year $11,983,147 · end of year $15,735,633

  • 19 · Deferred revenue

    beginning of year $74,630,784 · end of year $73,958,379

  • 25 · Other liabilities

    beginning of year $27,457,428 · end of year $20,118,777

  • 27 · Net assets without donor restrictions

    beginning of year $53,012,418 · end of year $63,134,143

Mission and programs · 2023

Mission

THE PURPOSE OF THE COUNCIL SHALL BE THE PROMOTION OF THE INTERESTS OF THE BUSINESS OF CHEMISTRY IN THE UNITED STATES OF AMERICA, ITS TERRITORIES AND POSSESSIONS AND GLOBALLY.

  • ACC LAUNCHED CHEMISTRY CREATES, AMERICA COMPETES, A COMPREHENSIVE PUBLIC RELATIONS AND ADVOCACY INITIATIVE CALLING ON THE WHITE HOUSE, POLICYMAKERS AND FEDERAL AGENCIES TO STOP REGULATORY OVERREACH AND ADOPT SMART, PRO-GROWTH POLICIES THAT MAKE AMERICA THE LEADING COUNTRY WHEN IT COMES TO DEVELOPING AND MANUFACTURING CHEMICALS AND ENABLES ALL U.S. MANUFACTURING SECTORS TO MAKE MORE HERE IN AMERICA.

  • ACC EDUCATED AUDIENCES ABOUT THE INDUSTRY BY EXPANDING ITS COMMUNITY SOLUTIONS INITIATIVE, INCLUDING A NUMBER OF UNIQUE, LOCAL DISCUSSIONS/ROUNDTABLES ACROSS KEY SECTOR HUBS IN TEXAS, LOUISIANA AND OHIO IN A CONTINUOUS EFFORT TO HELP BUILD TRUST AND ENABLE THE U.S. CHEMICAL MANUFACTURING INDUSTRY TO BETTER UNDERSTAND AND SUPPORT LOCAL COMMUNITIES.

  • ACC CONVENED 100 STAKEHOLDERS TO HELP ADVANCE MORE SUSTAINABLE AND CIRCULAR SOLUTIONS FOR PLASTICS IN DURABLE APPLICATIONS. THE RESULTING INDUSTRY ROADMAP DETAILS POLICIES AND BUSINESS APPROACHES THAT CAN ACCELERATE DEVELOPMENT OF THE CIRCULAR ECONOMY FOR DURABLE GOODS IN FIVE KEY MARKET SECTORS. THE ROADMAP ALSO HIGHLIGHTS IMPORTANT DISTINCTIONS BETWEEN DIFFERENT CHEMISTRIES, USE CASES, AND MARKET STRUCTURES THAT MUST BE UNDERSTOOD TO WORK.

As filed on the 2023 return.

Listed in Part VII

  • Karen McKee

    CHAIR OF THE BOARD

    Total calculated
    $0
    Hours/week
    1
  • Erin Kane

    EXECUTIVE COMMITTEE CHAIR

    Total calculated
    $0
    Hours/week
    1
  • Peter R Huntsman

    IMMEDIATE PAST CHAIR OF THE BOARD

    Total calculated
    $0
    Hours/week
    1
  • Michael J Graff

    BOARD FINANCE, AUDIT & MEMBERSHIP

    Total calculated
    $0
    Hours/week
    1
  • Jim Fitterling

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Neil Ackerman

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Scott Behrens

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Cindy Boiter

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Frank Bozich

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Darrell Brown

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Phil Brown

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Inga Carus

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Bruce Chinn

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Dean Cordle

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Mark Costa

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Mike Finelli

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • John Fortson

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Brad Griffith

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Mike Heinz

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Haakan Jonsson

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Mark Kramer

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Conrad Keijzer

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Aloke Lohia

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Sean Keohane

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Robert King

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Phil McDivitt

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Robin Mooldijk

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Mark Newman

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Mark Nikolich

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Jim M Nicholson

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Guillermo Novo

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Anthony O'Donovan

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • John Panichella

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Antonis Papadourakis

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • John J Paro

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Bob Patel

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Ronaldo Pereira

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Randy Pogue

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Brian Powers

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Daryl Roberts

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Larry Ryan

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Lori Ryerkerk

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Thomas L Shepherd

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Bonnie Tully

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Peter Vanacker

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Christophe Vuillez

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Michael Willome

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Ken West

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Ludian Boldea

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Machteld De Haan

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Samir Hifri

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Roger Kearns

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Michael Lefenfeld

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Rebecca Liebert

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Brian Paliotti

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Alastair Port

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Ed Sparks

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Eric Stouder

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Andrew Tometich

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Frederique Van Baarle

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Christopher L Jahn

    PRESIDENT AND CEO

    Total calculated
    $3,768,048
    From this org
    $3,514,464
    From related orgs
    $0
    Other
    $253,584
    Hours/week
    38

    Schedule J breakdown matched by us

    Base
    $1,991,127
    Bonus
    $1,200,000
    Other
    $323,337
    Deferred
    $211,800
    Nontaxable benefits
    $41,784
    Filer's total
    $3,768,048
  • Joseph Yates Parker III

    CFO, CAO, TREASURER

    Total calculated
    $736,154
    From this org
    $637,145
    From related orgs
    $0
    Other
    $99,009
    Hours/week
    38

    Schedule J breakdown matched by us

    Base
    $443,678
    Bonus
    $189,750
    Other
    $3,717
    Deferred
    $58,275
    Nontaxable benefits
    $40,734
    Filer's total
    $736,154
  • Allison W Starmann

    GEN. COUNSEL, CORPORATE SECRETARY

    Total calculated
    $706,336
    From this org
    $643,267
    From related orgs
    $0
    Other
    $63,069
    Hours/week
    38

    Schedule J breakdown matched by us

    Base
    $450,000
    Bonus
    $191,250
    Other
    $2,017
    Deferred
    $58,275
    Nontaxable benefits
    $4,794
    Filer's total
    $706,336
  • Ross E Eisenberg

    VP, PLASTICS

    Total calculated
    $873,116
    From this org
    $768,220
    From related orgs
    $0
    Other
    $104,896
    Hours/week
    38

    Schedule J breakdown matched by us

    Base
    $545,875
    Bonus
    $221,000
    Other
    $1,345
    Deferred
    $66,162
    Nontaxable benefits
    $38,734
    Filer's total
    $873,116
  • Nacole B Hinton

    VP, HR & ADMINISTRATION

    Total calculated
    $729,600
    From this org
    $635,647
    From related orgs
    $0
    Other
    $93,953
    Hours/week
    38

    Schedule J breakdown matched by us

    Base
    $444,030
    Bonus
    $189,500
    Other
    $2,117
    Deferred
    $58,230
    Nontaxable benefits
    $35,723
    Filer's total
    $729,600
  • Andrew H Lavanway

    CHIEF EXECUTIVE, CHEMTREC

    Total calculated
    $318,942
    From this org
    $271,458
    From related orgs
    $0
    Other
    $47,484
    Hours/week
    38

    Schedule J breakdown matched by us

    Base
    $190,641
    Bonus
    $80,000
    Other
    $817
    Deferred
    $27,358
    Nontaxable benefits
    $20,126
    Filer's total
    $318,942
  • Robert J Simon Jr

    VP, CHEMICAL PRODUCTS & TECHNOLOGY

    Total calculated
    $775,575
    From this org
    $675,295
    From related orgs
    $0
    Other
    $100,280
    Hours/week
    37 + 1 related

    Schedule J breakdown matched by us

    Base
    $487,028
    Bonus
    $185,250
    Other
    $3,017
    Deferred
    $60,546
    Nontaxable benefits
    $39,734
    Filer's total
    $775,575
  • Joshua Baca

    VP, PLASTICS

    Total calculated
    $495,986
    From this org
    $451,728
    From related orgs
    $0
    Other
    $44,258
    Hours/week
    38

    Schedule J breakdown matched by us

    Base
    $224,490
    Bonus
    $0
    Other
    $227,238
    Deferred
    $27,288
    Nontaxable benefits
    $19,367
    Filer's total
    $498,383
  • Bruce Samuelsen

    CHIEF EXECUTIVE, CHEMTREC

    Total calculated
    $805,443
    From this org
    $752,447
    From related orgs
    $0
    Other
    $52,996
    Hours/week
    38

    Schedule J breakdown matched by us

    Base
    $292,899
    Bonus
    $0
    Other
    $459,548
    Deferred
    $35,563
    Nontaxable benefits
    $18,080
    Filer's total
    $806,090
  • Sarah J Brandt

    VP, COMMUNICATIONS

    Total calculated
    $566,619
    From this org
    $501,953
    From related orgs
    $0
    Other
    $64,666
    Hours/week
    38

    Schedule J breakdown matched by us

    Base
    $345,172
    Bonus
    $156,000
    Other
    $781
    Deferred
    $49,950
    Nontaxable benefits
    $14,716
    Filer's total
    $566,619
  • Vasilios Papaioannou

    MANAGING DIR & CONTROLLER, FIN & ACC

    Total calculated
    $415,591
    From this org
    $347,216
    From related orgs
    $0
    Other
    $68,375
    Hours/week
    38

    Schedule J breakdown matched by us

    Base
    $305,404
    Bonus
    $40,250
    Other
    $1,562
    Deferred
    $40,683
    Nontaxable benefits
    $27,692
    Filer's total
    $415,591
  • Mitchell Toomey

    VP, SUSTAINABILITY & RESPONSIBILITY

    Total calculated
    $681,729
    From this org
    $589,100
    From related orgs
    $0
    Other
    $92,629
    Hours/week
    38

    Schedule J breakdown matched by us

    Base
    $417,098
    Bonus
    $170,000
    Other
    $2,002
    Deferred
    $55,500
    Nontaxable benefits
    $37,129
    Filer's total
    $681,729
  • Ralph R Underwood

    VP, STATE AFFAIRS

    Total calculated
    $668,282
    From this org
    $534,543
    From related orgs
    $0
    Other
    $133,739
    Hours/week
    38

    Schedule J breakdown matched by us

    Base
    $373,852
    Bonus
    $151,500
    Other
    $9,191
    Deferred
    $104,569
    Nontaxable benefits
    $29,170
    Filer's total
    $668,282
  • Kimberly Wise White

    VP, REG AND SCIENTIFIC AFFAIRS

    Total calculated
    $774,364
    From this org
    $702,367
    From related orgs
    $0
    Other
    $71,997
    Hours/week
    38

    Schedule J breakdown matched by us

    Base
    $500,272
    Bonus
    $200,750
    Other
    $1,345
    Deferred
    $61,941
    Nontaxable benefits
    $14,850
    Filer's total
    $779,158
  • Calvin Millard Dooley

    FORMER PRESIDENT & CEO

    Total calculated
    $483,261
    From this org
    $483,261
    From related orgs
    $0
    Other
    $0
    Hours/week
    38

    Schedule J breakdown matched by us

    Base
    $0
    Bonus
    $0
    Other
    $483,261
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $483,261

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 · First-class or charter travel
  • 1a · Travel for companions
  • 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 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan

Answered no

  • 4c · Equity-based compensation arrangement

The filer's explanations (Part III)

PART I, LINE 1A
JAHN, PRESIDENT AND CEO RECEIVED TAXABLE COMPANION TRAVEL FOR $28,556.
PART I, LINES 4A-B
FOLLOWING EMPLOYEES RECEIVED A SEVERANCE PAYMENTS: JOSHUA BACA - $213,465 BRUCE SAMUELSEN - $456,563 FOLLOWING ARE THE EMPLOYEES WITH DEFERRALS INTO THE SUPPLEMENTAL RETIREMENT PLAN 457(F): ROSS EISENBERG - $4,062 CHRISTOPHER JAHN - $149,700 RALPH UNDERWOOD - $38,569 FOLLOWING ARE EMPLOYEES THAT RECEIVED A DISBURSEMENT FROM THE SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN - 457(F): CALVIN DOOLEY - $483,261 CHRISTOPHER JAHN - $273,732

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.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

  • FOUNDATION FOR RESEARCH AND CHEMISTRY INITIATIVES

    501(C)(3) · RESEARCH · VA · controlled entity

    Directly controlled by AMERICAN CHEMISTRY COUNCIL

  • AMERICAN CHEMISTRY COUNCIL POLITICAL ACTION COMMITTEE

    527 · POLITICAL ACTIVITIES · VA · controlled entity

    Directly controlled by AMERICAN CHEMISTRY COUNCIL

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.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

  • CHEMTREC

    EMERGENCY RESPONSE INFORMATION PROVIDER · VA · income $19,050,985 · assets $11,108,655

    Directly controlled by AMERICAN CHEMISTRY COUNCIL

Provenance

Return type
form_990
Tax year
2023
Filed
8 November 2024
IRS schema version
2023v5.1
Source object
202403199349304410

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.