Overview
What is Society For Industrial And Applied Mathematics?
The Society for Industrial and Applied Mathematics (SIAM) is a US-based nonprofit organization headquartered in Philadelphia, Pennsylvania. Founded in 1952, SIAM's primary aim is to promote and advance applied mathematics and related fields. They achieve this objective through various means such as publishing journals and books, organizing conferences, and providing online resources. Their publications, including 18 peer-reviewed journals and approximately 20 high-quality books each year, serve as media for exchanging information and ideas within the mathematics, engineering, and scientific communities. SIAM's mission incorporates goals like applying mathematics and computational science to engineering, industry, science, and society, and promoting research leading to effective new methods and techniques. With a workforce of 86 employees, SIAM has been dedicated to these objectives for over 60 years.
Official website here: www.siam.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 95% (Four-Star out of Four Stars)
The Society for Industrial and Applied Mathematics has achieved a Four-Star rating from Charity Navigator, reflecting a strong commitment to accountability and financial health. Their score of 95% is solely derived from their Accountability & Finance metrics, indicating a robust operational framework that prioritizes transparency and responsible management of resources.
Some notable strengths include a highly independent board, with 92% of members being independent, which enhances governance. The organization also scores full points in various categories such as audit oversight, adherence to conflict of interest policies, and having a whistleblower policy, showcasing their dedication to ethical standards and oversight. Furthermore, the program expense ratio of 69.13% suggests that a significant portion of their funding directly supports their programs.
While the overall rating is commendable, there is no mention of specific programmatic outcomes or impact assessment, which could provide a more comprehensive picture of the organization's effectiveness in achieving its mission. Nevertheless, the strong financial indicators and governance practices suggest that the Society for Industrial and Applied Mathematics is a well-managed nonprofit.
This AI summary has been generated from information found on Charity Navigator.
Is Society For Industrial And Applied Mathematics legitimate?
Society For Industrial And Applied Mathematics is a legitimate nonprofit organization registered as a 501(c)(3) entity. Society For Industrial And Applied Mathematics 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: $687,710
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,727,935
For more financial information, click here
Official website here: www.siam.org
What is the mission statement of Society For Industrial And Applied Mathematics?
The Society for Industrial and Applied Mathematics (SIAM), established in 1952 as a non-profit organization, has been dedicated to the mission of advancing and increasing awareness of applied mathematics and related fields. SIAM strives to achieve this goal through various means, including publishing books and journals, organizing conferences, and developing online resources. The organization aims to apply mathematical and computational methods and techniques to engineering, industry, science, and society, as well as promote research leading to new and effective ones. SIAM acts as a platform for the exchange of ideas among mathematicians, engineers, and scientists.
Official website here: www.siam.org
Who is the CEO of Society For Industrial And Applied Mathematics?
Susan A Palantino is the President of Society For Industrial And Applied Mathematics. The CEO's salary of Society For Industrial And Applied Mathematics is $370,442 and their total compensation is $413,335.
Official website here: www.siam.org
What is the revenue of Society For Industrial And Applied Mathematics?
Society For Industrial And Applied Mathematics's revenue in 2022 was $14,882,104.
Official website here: www.siam.org
Who are the executives of Society For Industrial And Applied Mathematics and what are their salaries?
The average compensation at Society For Industrial And Applied Mathematics during 2022 was $62,973. There are 86 employees and 180 volunteers at Society For Industrial And Applied Mathematics.
Here are 29 key members and their salaries (Society For Industrial And Applied Mathematics's CEO's salary is $370,442 and their total compensation is $413,335):
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- Compensation: $370,442
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- Compensation: $119,723
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- Other: $26,438
Official website here: www.siam.org
Where can I find the form 990 for Society For Industrial And Applied Mathematics?
Society For Industrial And Applied Mathematics's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.siam.org
Learn more at the official website: www.siam.org
Mission Statement of Society For Industrial And Applied Mathematics
Society for Industrial and Applied Mathematics (SIAM), a non-profit organization established in 1952, has devoted over 60 years to advancing and raising awareness about applied mathematics and related fields. SIAM's primary objectives include:
1. Promoting the application of mathematics and computational science to engineering, industry, science, and society.
2. Encouraging research that leads to innovative mathematical and computational methods and techniques for these areas.
3. Facilitating the exchange of ideas and information among mathematicians, engineers, and scientists through various media.
SIAM has been instrumental in advancing mathematics and computational science since its inception. Its efforts focus on fostering the development of effective new methods and techniques that cater to the needs of science, engineering, industry, and society. The organization serves as a bridge that connects academia, industry, and the broader scientific community, thereby driving the application of advanced mathematical concepts in various domains.
SIAM achieves its mission through an extensive range of programs and initiatives. These include publishing books, journals, and online resources that cater to a diverse audience. The organization also hosts conferences and provides opportunities for networking and collaboration among professionals and researchers. SIAM's commitment to its goals has seen it grow and evolve over the years, making significant strides in promoting the applications of mathematics and computational science in numerous fields.
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Impact
October, 2024
The Society for Industrial and Applied Mathematics (SIAM) plays a crucial role in advancing and promoting the field of applied mathematics and its intersection with various scientific and engineering disciplines. Through its extensive publications, including 18 peer-reviewed journals and about 20 high-quality books annually, SIAM facilitates the exchange of cutting-edge research and ideas among mathematicians, scientists, and engineers. This dissemination of knowledge supports the development of innovative mathematical methods and techniques that are vital for addressing complex challenges in industry and society.
SIAM also convenes conferences and provides online resources that enhance collaboration and inspiration within the applied mathematics community. Its initiatives, such as SIAM News and Undergraduate Research Online (SIURO), are vital for keeping professionals informed about recent developments and promoting research opportunities for students. Overall, SIAM significantly impacts both the academic and practical applications of applied mathematics, fostering advancements that benefit engineering, science, and technology.
This information is meant to be a general summary of Society For Industrial And Applied Mathematics. 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: $2,315,534
- Program Service Revenue: $9,799,039
- Gross Receipts: $19,496,529
Assets and Liabilities:
- Total Assets: $50,715,665
- Total Liabilities: $9,694,239
- Net Assets: $41,021,426
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SUBSCRIPTIONS
Revenue
$6,456,648
CONFERENCE AND MEETINGS
Revenue
$2,042,475
MEMBERSHIP DUES
Revenue
$1,099,154
ADVERTISING INCOME
Revenue
$173,596
PUBLICATIONS
Revenue
$27,166
Organization Details
Founding Year
1952
Phone
(215) 382-9800Principal Officer
Susan A Palantino
Main Address
3600 MARKET STREET 6TH FLOOR, PHILADELPHIA, PA, 19104
Website
www.siam.orgNTEE Category
Code: U34C - Science research
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