Overview
What is Society Of Chemical Manufacturers And Affiliates Inc?
The Society of Chemical Manufacturers and Affiliates Inc, located in Arlington, Virginia, is a nonprofit organization dedicated to advocating for the specialty chemical industry. With a mission to promote and foster its growth, the organization provides representation to its members before government bodies. Through legislative and regulatory advocacy, they positively influence the passage of rational laws and regulations that enable member companies to operate effectively as responsible corporate citizens. Their advocacy efforts span various topics, including reforming the Toxic Substances Control Act (TSCA), authorizing the Chemical Facility Anti-Terrorism Standards (CFATS), and addressing international trade and the Resource Conservation and Recovery Act (RCRA). The Society of Chemical Manufacturers and Affiliates Inc also emphasizes safety and strengthens manufacturing operations, maintaining a staff of 19 individuals.
Official website here: www.socma.org
Is Society Of Chemical Manufacturers And Affiliates Inc legitimate?
Society Of Chemical Manufacturers And Affiliates Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Society Of Chemical Manufacturers And Affiliates Inc 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: $1,247,181
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,115,593
For more financial information, click here
Official website here: www.socma.org
What is the mission statement of Society Of Chemical Manufacturers And Affiliates Inc?
The Society of Chemical Manufacturers and Affiliates Inc's mission is centered around supporting and fostering the growth of the specialty chemical industry. They achieve this by engaging in legislative and regulatory advocacy, promoting safety standards, and enhancing business intelligence and manufacturing operations. Their advocacy efforts, which span various issues such as TSCA reform, CFATS authorization, international trade, and RCRA, aim to create a conducive environment for member companies to operate as responsible corporate citizens. By positively influencing laws and regulations, Socma ensures that the specialty chemical industry thrives and continues to contribute significantly to various sectors.
Official website here: www.socma.org
Who is the CEO of Society Of Chemical Manufacturers And Affiliates Inc?
Vera Stoeva is the Immediate Past Chair of Society Of Chemical Manufacturers And Affiliates Inc. The CEO's salary of Society Of Chemical Manufacturers And Affiliates Inc is $397,600 and their total compensation is $413,212.
Official website here: www.socma.org
What is the revenue of Society Of Chemical Manufacturers And Affiliates Inc?
Society Of Chemical Manufacturers And Affiliates Inc's revenue in 2022 was $4,791,164.
Official website here: www.socma.org
Who are the executives of Society Of Chemical Manufacturers And Affiliates Inc and what are their salaries?
The average compensation at Society Of Chemical Manufacturers And Affiliates Inc during 2022 was $124,357. There are 19 employees and 20 volunteers at Society Of Chemical Manufacturers And Affiliates Inc.
Here are 33 key members and their salaries (Society Of Chemical Manufacturers And Affiliates Inc's CEO's salary is $397,600 and their total compensation is $413,212):
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- Compensation: $397,600
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- Other: $15,612
- Compensation: $168,252
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- Other: $33,683
- Compensation: $173,376
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- Other: $49,365
- Compensation: $163,545
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- Other: $33,547
- Compensation: $184,335
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- Other: $27,866
- Compensation: $156,659
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- Other: $46,435
- Compensation: $144,439
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- Other: $27,946
- Compensation: $120,596
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- Other: $11,495
- Compensation: $105,520
- Related: $0
- Other: $11,282
Official website here: www.socma.org
Where can I find the form 990 for Society Of Chemical Manufacturers And Affiliates Inc?
Society Of Chemical Manufacturers And Affiliates Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.socma.org
Learn more at the official website: www.socma.org
Mission Statement of Society Of Chemical Manufacturers And Affiliates Inc
The Society of Chemical Manufacturers and Affiliates Inc is committed to advancing the interests of the specialty chemical industry. To accomplish this, the organization undertakes various initiatives. One of its key objectives is to support and foster the growth of the specialty chemical industry by engaging in legislative and regulatory advocacy. This involves representing its members and affiliates before government entities, aiming to influence the passage of rational laws and regulations that enable member companies to operate effectively as responsible corporate citizens.
The Society of Chemical Manufacturers and Affiliates Inc engages in advocacy on a broad range of issues, including reforming the Toxic Substances Control Act (TSCA), authorizing the Chemical Facility Anti-Terrorism Standards (CFATS), and addressing international trade and the Resource Conservation and Recovery Act (RCRA). By engaging with legislators and regulators through traditional methods, social media, and grassroots mobilization, the organization works to ensure that the specialty chemical industry can operate in a productive manner. In addition to its advocacy efforts, the Society of Chemical Manufacturers and Affiliates Inc also focuses on promoting safety and strengthening manufacturing operations, ultimately contributing to the overall growth of the specialty chemical industry.
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Impact
October, 2024
The Society of Chemical Manufacturers and Affiliates Inc. (SOCMA) plays a crucial role in promoting the interests of the specialty chemical industry. Through its advocacy, SOCMA represents the interests of its members before government bodies, influencing legislation and regulations that impact how these companies operate.
By engaging with legislative processes, SOCMA positively affects the passage of laws that enable member companies to function effectively while upholding their responsibilities as corporate citizens. This includes significant issues such as reforming the Toxic Substances Control Act (TSCA), endorsing the Chemical Facility Anti-Terrorism Standards (CFATS), and navigating international trade and Resource Conservation and Recovery Act (RCRA) regulations.
SOCMA’s efforts extend beyond advocacy to encompass promoting safety standards and enhancing business intelligence within manufacturing operations. The organization actively engages legislators and regulators through various channels, including traditional and social media, as well as grassroots mobilization strategies. This multifaceted approach not only supports industry growth but also emphasizes the importance of community improvement by encouraging a responsible and sustainable specialty chemical sector.
This information is meant to be a general summary of Society Of Chemical Manufacturers And Affiliates Inc. 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: $29,878
- Program Service Revenue: $4,392,364
- Gross Receipts: $12,970,400
Assets and Liabilities:
- Total Assets: $20,348,552
- Total Liabilities: $5,145,429
- Net Assets: $15,203,123
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES & ASSE
Revenue
$2,477,052
MEETINGS & WORKSHOPS
Revenue
$1,270,897
MANAGEMENT FEES
Revenue
$413,715
SPONSORSHIP REVENUE
Revenue
$230,700
Organization Details
Founding Year
1977
Phone
(571) 348-5100Principal Officer
Vera Stoeva
Main Address
1400 CRYSTAL DRIVE 630, ARLINGTON, VA, 22202
Website
www.socma.orgNTEE Category
Code: S41 - Community improvement
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