Overview
What is American Institute Of Chemical Engineers?
The American Institute of Chemical Engineers is a New York-based nonprofit organization located at 120 Wall Street, 23rd Floor. Their mission is to inspire a safe, connected, and inclusive community doing a world of good as the global leader of the chemical engineering profession, a center for lifelong professional and personal growth, and the foremost catalyst in applying expertise to sustainably meet societal needs. Through collaboration between industry, academia, and government representatives, they leverage resources for research, technology transfer, and other activities, with the reported revenue excluding charitable contributions and grants of $10,911,243 and royalties of $286,148. The organization employs 163 individuals.
Official website here: www.aiche.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 96% (Four-Star out of Four Star rating)
The American Institute of Chemical Engineers has achieved an impressive Four-Star rating from Charity Navigator, with a score of 96%. This high overall rating is derived solely from its Accountability & Finance score, indicating strong financial health and transparency, which are critical for donor trust and organizational integrity.
The organization boasts a well-structured board, with 93% of its members being independent, ensuring unbiased governance. Additionally, it has a robust framework for financial oversight, evidenced by its perfect scores in areas such as audit and oversight committee functionality and material diversion of assets. Its commitment to transparency is further reflected in the establishment of policies like conflict of interest and whistleblower protections.
While the data reflects strong financial management and governance, the summary does not provide information on the impact of its programs or services. Thus, while the organization demonstrates fiscal responsibility, potential donors may want to explore further to understand the effectiveness of its initiatives in advancing the field of chemical engineering.
This AI summary has been generated from information found on Charity Navigator.
Is American Institute Of Chemical Engineers legitimate?
American Institute Of Chemical Engineers is a legitimate nonprofit organization registered as a 501(c)(3) entity. American Institute Of Chemical Engineers submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $3,460,726
Professional Fundraising Fees: $65,700
Other Salaries and Wages: $11,663,914
For more financial information, click here
Official website here: www.aiche.org
What is the mission statement of American Institute Of Chemical Engineers?
The American Institute of Chemical Engineers serves as a global leader in the chemical engineering profession, inspiring a safe, connected, and inclusive community dedicated to making a positive impact on the world. They act as a catalyst for applying expertise to sustainably meet societal needs, and offer opportunities for lifelong professional and personal growth. Through collaborative efforts between industry, academia, and government representatives, they facilitate research, technology transfer, and various other activities. (127 words)
Official website here: www.aiche.org
Who is the CEO of American Institute Of Chemical Engineers?
Darlene Schuster is the Executive Dir. & Ceo of American Institute Of Chemical Engineers. The CEO's salary of American Institute Of Chemical Engineers is $391,331 and their total compensation is $448,336.
Official website here: www.aiche.org
What is the revenue of American Institute Of Chemical Engineers?
American Institute Of Chemical Engineers's revenue in 2022 was $59,299,765.
Official website here: www.aiche.org
Who are the executives of American Institute Of Chemical Engineers and what are their salaries?
The average compensation at American Institute Of Chemical Engineers during 2022 was $92,789. There are 163 employees and 1000 volunteers at American Institute Of Chemical Engineers.
Here are 31 key members and their salaries (American Institute Of Chemical Engineers's CEO's salary is $391,331 and their total compensation is $448,336):
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- Compensation: $470,273
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- Compensation: $391,331
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- Compensation: $370,505
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- Other: $75,705
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- Compensation: $310,625
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- Other: $75,428
- Compensation: $199,285
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- Compensation: $176,443
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- Other: $36,758
- Compensation: $211,092
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- Other: $69,163
- Compensation: $265,397
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- Other: $32,209
- Compensation: $226,394
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- Other: $62,409
- Compensation: $245,398
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- Other: $58,268
- Compensation: $263,166
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- Other: $64,137
- Compensation: $204,000
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- Other: $15,742
Official website here: www.aiche.org
Where can I find the form 990 for American Institute Of Chemical Engineers?
American Institute Of Chemical Engineers's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.aiche.org
Learn more at the official website: www.aiche.org
Mission Statement of American Institute Of Chemical Engineers
The American Institute of Chemical Engineers (AICHE) is a pioneering organization on a mission to inspire a safe, connected, and inclusive community, contributing significantly to the world through three distinctive roles. First, AICHE stands as the global leader of the chemical engineering profession, offering a platform for collaboration among industry, academia, and government representatives. Second, AICHE functions as the center for lifelong professional and personal growth, providing essential resources for its members' continued development. Lastly, AICHE serves as the foremost catalyst in applying expertise to sustainably meet societal needs.
AICHE's primary objective is to foster a community where individuals from diverse backgrounds unite to make a positive impact on the world. By leading the chemical engineering profession, the institute sets the standard for innovation and excellence. Furthermore, AICHE's commitment to providing opportunities for professional and personal growth empowers its members to reach their full potential. Lastly, by applying its collective expertise to address societal needs, AICHE drives progress towards a more sustainable future.
Through various collaborative initiatives, AICHE facilitates the exchange of knowledge and resources among industry, academia, and government stakeholders. These collaborations aim to advance research, technology transfer, and other activities, ultimately contributing to the betterment of society. AICHE's impact extends beyond its membership base, as it continues to be a leading voice and driving force in the chemical engineering industry.
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Impact
October, 2024
The American Institute of Chemical Engineers plays a pivotal role in advancing the chemical engineering profession by fostering innovation, collaboration, and sustainable practices. As a global leader, it facilitates interaction between industry, academia, and government, allowing for the sharing of resources and knowledge that drives research and technology transfer.
By inspiring a safe, connected, and inclusive community, the Institute emphasizes lifelong professional and personal growth, empowering chemical engineers to enhance their skills and adapt to evolving societal needs. Its initiatives, such as the Center for Chemical Process Safety (CCPS) and various consortiums, focus on promoting best practices and ensuring the responsible application of chemical engineering expertise to tackle complex challenges.
Ultimately, the Institute acts as a catalyst for sustainable development, guiding its members and the broader community toward solutions that benefit society while addressing urgent global issues. Through its comprehensive support and resources, the American Institute of Chemical Engineers significantly impacts not only its members but also the wider world by driving advancements in technology and safety within the field.
This information is meant to be a general summary of American Institute Of Chemical Engineers. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $6,276,054
- Program Service Revenue: $28,031,796
- Gross Receipts: $99,521,735
Assets and Liabilities:
- Total Assets: $65,922,472
- Total Liabilities: $17,141,888
- Net Assets: $48,780,584
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RAPID, CCPS AND CONSORTIUM
Revenue
$9,778,450
MEETINGS & TECH. PROG.
Revenue
$7,553,939
OTHER PROGRAM SUPPORT
Revenue
$3,575,245
MEMBERSHIP DUES
Revenue
$3,356,316
EDUCATIONAL SERVICES
Revenue
$2,706,022
Organization Details
Founding Year
1908
Phone
(800) 242-4363Principal Officer
Darlene Schuster
Main Address
120 WALL STREET 23RD FLOOR, NEW YORK, NY, 10005
Website
www.aiche.orgNTEE Category
Code: U03 - Science research
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