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Nonprofiteer
← AMERICAN CHEMISTRY COUNCIL

Form 990 for tax year 2022

Filed by AMERICAN CHEMISTRY COUNCIL.

Totals

Total revenue
$149,402,320
Total expenses
$152,894,587
Contributions and grants received
$419,015
Grants paid
$2,705,902
Program service revenue
$144,753,966
Investment income
$2,813,956
Other revenue
$1,415,383
Total assets, end of year
$167,083,777
Total liabilities, end of year
$114,071,359
Net assets or fund balances, end of year
$53,012,418
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)

    $419,015

  • 2a · Program service revenue: MEMBERSHIP DUES

    total $96,493,124 · related or exempt $96,493,124

  • 2b · Program service revenue: CHEMTREC REG FEES

    total $33,238,297 · related or exempt $32,755,739 · unrelated business $482,558

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

    total $7,417,401 · related or exempt $7,417,401

  • 2d · Program service revenue: OTHER PROJECTS

    total $3,560,495 · related or exempt $3,560,495

  • 2e · Program service revenue: MEETINGS/SEMINARS

    total $2,259,473 · related or exempt $2,259,473

  • 2f · All other program service revenue

    total $1,785,176 · related or exempt $1,785,176

  • 3 · Investment income

    total $2,861,395 · excluded $2,861,395

  • 5 · Royalties

    total $362,981 · excluded $362,981

  • 6a · Gross rents

    real property $111,662

  • 6b · Less rental expenses

    real property $0

  • 6c · Rental income or loss

    real property $111,662

  • 6d · Net rental income or loss

    total $111,662 · excluded $111,662

  • 7a · Gross sales of assets other than inventory

    securities $76,745,528

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

    securities $76,784,311 · other assets $8,656

  • 7c · Gain or loss

    securities -$38,783 · other assets -$8,656

  • 7d · Net gain or loss

    total -$47,439 · excluded -$47,439

  • 11a · Other revenue: SPONSORSHIP

    total $930,933 · excluded $930,933

  • 11b · Other revenue: OTHER INCOME

    total $9,807 · excluded $9,807

  • 11e · Other revenue, total

    $940,740

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $2,605,902

  • 3 · Grants to foreign organizations and individuals

    total $100,000

  • 5 · Compensation of officers, directors and key employees

    total $8,114,996

  • 6 · Compensation of disqualified persons

    total $1,390,302

  • 7 · Other salaries and wages

    total $36,807,588

  • 8 · Pension plan contributions

    total $3,801,628

  • 9 · Other employee benefits

    total $5,037,865

  • 10 · Payroll taxes

    total $2,891,249

  • 11b · Fees: legal

    total $3,188,676

  • 11c · Fees: accounting

    total $122,453

  • 11f · Fees: investment management

    total $255,312

  • 11g · Fees: other

    total $39,457,821

  • 12 · Advertising and promotion

    total $2,714,302

  • 13 · Office expenses

    total $1,623,737

  • 14 · Information technology

    total $4,223,756

  • 16 · Occupancy

    total $7,188,370

  • 17 · Travel

    total $1,881,987

  • 19 · Conferences, conventions and meetings

    total $2,911,304

  • 22 · Depreciation, depletion and amortization

    total $1,377,978

  • 23 · Insurance

    total $402,687

  • 24a · Other expenses: RESEARCH

    total $8,413,333

  • 24b · Other expenses: PANEL MANAGEMENT

    total $7,397,401

  • 24c · Other expenses: PUBLIC POLICY

    total $6,450,787

  • 24d · Other expenses: SUBSCRIPTIONS

    total $1,357,546

  • 24e · All other expenses

    total $3,177,607

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $16,400,383 · end of year $12,272,169

  • 4 · Accounts receivable

    beginning of year $2,335,544 · end of year $3,886,622

  • 9 · Prepaid expenses and deferred charges

    beginning of year $2,321,399 · end of year $2,357,066

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

    $18,293,697

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

    $14,345,091

  • 10c · Land, buildings and equipment, net

    beginning of year $5,001,235 · end of year $3,948,606

  • 11 · Investments: publicly traded securities

    beginning of year $81,652,643 · end of year $80,111,714

  • 12 · Investments: other securities

    beginning of year $52,217,462 · end of year $42,893,845

  • 15 · Other assets

    beginning of year $6,029,298 · end of year $21,613,755

  • 17 · Accounts payable and accrued expenses

    beginning of year $13,926,419 · end of year $11,983,147

  • 19 · Deferred revenue

    beginning of year $71,297,263 · end of year $74,630,784

  • 25 · Other liabilities

    beginning of year $9,389,470 · end of year $27,457,428

  • 27 · Net assets without donor restrictions

    beginning of year $71,344,812 · end of year $53,012,418

Mission and programs · 2022

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.

  • IN 2022 ACC ACTIONS ON SUSTAINABILITY SHOWED HOW THE CHEMICAL INDUSTRY IS A "LOWER EMISSIONS ENABLER," BRINGING INNOVATIVE SOLUTIONS TO REDUCE EMISSIONS.AFTER YEARS OF SUPPORTING A GLOBAL TREATY TO PHASE DOWN THE PRODUCTION AND USE OF HYDROFLUOROCARBONS (HFCS), ACC SUPPORTED THE KIGALI AMENDMENT AGAIN IN 2022 TO HELP BRING IT ACROSS THE FINISH LINE.IN 2022 ACC LAUNCHED THE LOWER EMISSIONS FUTURE TO HELP SECURE KEY PROVISIONS IN THE 2022 INFLATION REDUCTION ACT (IRA) AND 2021 BIPARTISAN INFRASTRUCTURE LAW THAT WILL ACCELERATE THE DEVELOPMENT OF LOWER EMISSIONS TECHNOLOGIES AND INFRASTRUCTURE MADE POSSIBLE BY CHEMISTRY.WE DEMONSTRATED MEMBER COMPANY PROGRESS IN REDUCING GREENHOUSE GAS (GHG) EMISSIONS, INCLUDING A 12% DECREASE IN GHG INTENSITY SINCE 2017.

  • ACC'S PLASTIC DIVISION SHOWCASED HOW PEOPLE IN THE PLASTICS INDUSTRY ARE HELPING TO ADVANCE SUSTAINABILITY AND EMBRACE CHANGE AND SHARING EXAMPLES OF PROGRESS IN INNOVATION AND CIRCULARITY THAT ENABLE A MORE SUSTAINABLE FUTURE. THROUGHOUT 2022, ACC'S PLASTICS DIVISION ALSO WORKED TO ADVANCE PLASTICS SUSTAINABILITY POLICY.

  • ACC'S WORKED TO IMPROVE TSCA IMPLEMENTATION.

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Peter Huntsman

    CHAIR OF THE BOARD

    Total calculated
    $0
    Hours/week
    1
  • Karen McKee

    EXECUTIVE COMMITTEE CHAIR

    Total calculated
    $0
    Hours/week
    1
  • Erin Kane

    FIN., AUDIT, & MBRSHP CMTE CHAIR

    Total calculated
    $0
    Hours/week
    1
  • Jim Fitterling

    IMMEDIATE PAST CHAIR OF THE BOARD

    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
  • Michael J Graff

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Gina Harm

    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
  • Jim Owens

    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
  • Craig A Rogerson

    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
  • Gregory Adams

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Luis Sierra

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Susanne Wasson

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Thomas Casparie

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • George Koutsaftes

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Hudson La Force

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Richard Rowe

    BOARD MEMBER

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

    PRESIDENT & CEO

    Total calculated
    $3,757,220
    From this org
    $3,024,394
    From related orgs
    $0
    Other
    $732,826
    Hours/week
    38

    Schedule J breakdown matched by us

    Base
    $1,991,505
    Bonus
    $1,000,000
    Other
    $32,889
    Deferred
    $698,300
    Nontaxable benefits
    $39,889
    Filer's total
    $3,762,583
  • Raymond J O'Bryan

    CFO, CAO, TREASURER UNTIL 2/2022

    Total calculated
    $286,917
    From this org
    $258,377
    From related orgs
    $0
    Other
    $28,540
    Hours/week
    38

    Schedule J breakdown matched by us

    Base
    $108,520
    Bonus
    $0
    Other
    $149,857
    Deferred
    $24,056
    Nontaxable benefits
    $5,377
    Filer's total
    $287,810
  • Joseph Yates Parker III

    CHIEF FINANCIAL OFFICER

    Total calculated
    $643,510
    From this org
    $569,315
    From related orgs
    $0
    Other
    $74,195
    Hours/week
    38

    Schedule J breakdown matched by us

    Base
    $322,723
    Bonus
    $243,500
    Other
    $3,092
    Deferred
    $48,280
    Nontaxable benefits
    $29,937
    Filer's total
    $647,532
  • Allison W Starmann

    GEN. COUNSEL & CORPORATE SECRETARY

    Total calculated
    $576,101
    From this org
    $526,357
    From related orgs
    $0
    Other
    $49,744
    Hours/week
    38

    Schedule J breakdown matched by us

    Base
    $388,057
    Bonus
    $136,000
    Other
    $2,300
    Deferred
    $49,744
    Nontaxable benefits
    $5,335
    Filer's total
    $581,436
  • Joshua Baca

    VP, PLASTICS

    Total calculated
    $601,771
    From this org
    $516,229
    From related orgs
    $0
    Other
    $85,542
    Hours/week
    38

    Schedule J breakdown matched by us

    Base
    $393,105
    Bonus
    $122,000
    Other
    $1,124
    Deferred
    $50,016
    Nontaxable benefits
    $44,889
    Filer's total
    $611,134
  • Nacole B Hinton

    VP, HR & ADMINISTRATION

    Total calculated
    $658,620
    From this org
    $577,421
    From related orgs
    $0
    Other
    $81,199
    Hours/week
    38

    Schedule J breakdown matched by us

    Base
    $384,121
    Bonus
    $191,000
    Other
    $2,300
    Deferred
    $53,156
    Nontaxable benefits
    $33,383
    Filer's total
    $663,960
  • Anne W Kolton

    EVP, S & MO AND COMM

    Total calculated
    $402,080
    From this org
    $369,343
    From related orgs
    $0
    Other
    $32,737
    Hours/week
    38

    Schedule J breakdown matched by us

    Base
    $206,422
    Bonus
    $0
    Other
    $162,921
    Deferred
    $24,927
    Nontaxable benefits
    $9,151
    Filer's total
    $403,421
  • Bruce Samuelsen

    CHIEF EXECUTIVE, CHEMTREC

    Total calculated
    $525,585
    From this org
    $456,451
    From related orgs
    $0
    Other
    $69,134
    Hours/week
    38

    Schedule J breakdown matched by us

    Base
    $450,757
    Bonus
    $0
    Other
    $5,694
    Deferred
    $41,091
    Nontaxable benefits
    $29,829
    Filer's total
    $527,371
  • Robert J Simon Jr

    VP, CHEMICAL PRODUCTS & TECHNOLOGY

    Total calculated
    $665,026
    From this org
    $580,047
    From related orgs
    $0
    Other
    $84,979
    Hours/week
    37 + 1 related

    Schedule J breakdown matched by us

    Base
    $418,497
    Bonus
    $159,250
    Other
    $2,300
    Deferred
    $53,304
    Nontaxable benefits
    $37,039
    Filer's total
    $670,390
  • Ross E Eisenberg

    VP, FEDERAL AFFAIRS

    Total calculated
    $691,467
    From this org
    $603,953
    From related orgs
    $0
    Other
    $87,514
    Hours/week
    38

    Schedule J breakdown matched by us

    Base
    $428,325
    Bonus
    $174,000
    Other
    $1,628
    Deferred
    $54,838
    Nontaxable benefits
    $38,039
    Filer's total
    $696,830
  • Vasilios Papaioannou

    MANAGING DIR & CONTROLLER, FIN & ACC

    Total calculated
    $395,506
    From this org
    $333,231
    From related orgs
    $0
    Other
    $62,275
    Hours/week
    38

    Schedule J breakdown matched by us

    Base
    $288,120
    Bonus
    $44,000
    Other
    $1,111
    Deferred
    $38,445
    Nontaxable benefits
    $27,803
    Filer's total
    $399,479
  • Sarah Jane Scruggs

    VP, COMMUNICATIONS

    Total calculated
    $430,779
    From this org
    $380,172
    From related orgs
    $0
    Other
    $50,607
    Hours/week
    38

    Schedule J breakdown matched by us

    Base
    $263,454
    Bonus
    $116,000
    Other
    $718
    Deferred
    $41,204
    Nontaxable benefits
    $13,736
    Filer's total
    $435,112
  • Ralph R Underwood

    VP, STATE AFF & PL MOBILIZATION

    Total calculated
    $644,866
    From this org
    $522,460
    From related orgs
    $0
    Other
    $122,406
    Hours/week
    38

    Schedule J breakdown matched by us

    Base
    $355,969
    Bonus
    $126,250
    Other
    $40,241
    Deferred
    $96,147
    Nontaxable benefits
    $27,921
    Filer's total
    $646,528
  • Kimberly Wise White

    VP, REG & SCIENTIFIC AFFAIRS

    Total calculated
    $557,974
    From this org
    $500,272
    From related orgs
    $0
    Other
    $57,702
    Hours/week
    38

    Schedule J breakdown matched by us

    Base
    $355,707
    Bonus
    $143,000
    Other
    $1,565
    Deferred
    $48,300
    Nontaxable benefits
    $14,628
    Filer's total
    $563,200
  • Calvin Millard Dooley

    FORMER PRESIDENT & CEO

    Total calculated
    $1,390,302
    From this org
    $1,390,302
    From related orgs
    $0
    Other
    $0
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    $0
    Bonus
    $0
    Other
    $1,390,302
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $1,390,302

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
  • 4b · Supplemental nonqualified retirement plan

Answered no

  • 4a · Severance or change-of-control payment
  • 4c · Equity-based compensation arrangement

The filer's explanations (Part III)

PART I, LINE 1A
C. JAHN, PRESIDENT AND CEO RECEIVED TAXABLE COMPANION TRAVEL FOR $27,241.
PART I, LINE 4B
FOLLOWING ARE THE EMPLOYEE DEFERRALS INTO THE SUPPLEMENTAL RETIREMENT PLAN - 457(F): CHRISTOPHER LEE JAHN - $641,200 RALPH R. UNDERWOOD - $35,147 FOLLOWING ARE THE DISBURSEMENTS FROM THE SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN - 457(F): RALPH R. UNDERWOOD - $33,776 CALVIN MILLARD DOOLEY - $1,390,302 ANNE KOLTON - $162,624

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 $19,268,955 · assets $13,156,811

    Directly controlled by AMERICAN CHEMISTRY COUNCIL

Provenance

Return type
form_990
Tax year
2022
Filed
9 November 2023
IRS schema version
2022v5.0
Source object
202333139349305283

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

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