Overview
What is Econometric Society Inc?
Econometric Society Inc, located at 30 Hillhouse Avenue, New Haven, CT, 06511, is a distinguished nonprofit organization devoted to the advancement of economic research. Their primary activities include publishing renowned scholarly journals such as Econometria, Quantitative Economics, and Theoretical Economics. They also release a monograph series and organize scientific meetings in six regions worldwide. Furthermore, the Society conducts elections for Fellows of the Econometric Society, contributing to the recognition and growth of esteemed economists. Their mission is to promote economic research and implement solutions to address significant economic issues, while continuously developing and utilizing appropriate theoretical and empirical tools to address pressing economic questions.
Official website here: www.econometricsociety.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 95% - Four-Star out of Four Star rating
The Econometric Society Inc has achieved an impressive Four-Star rating from Charity Navigator, reflecting a high level of accountability and financial health. The organization’s score is prominently derived from its strong performance in the Accountability & Finance category, where it scored 95%. This indicates a robust financial structure and responsible management practices.
Strengths highlighted include a fully independent board of directors, compliance with financial statement requirements, and no material diversion of assets. The Society has excelled in areas such as program expense ratio and working capital, which suggests that a significant portion of its resources is directed toward its programs, enhancing its overall effectiveness in fulfilling its mission.
However, one noted limitation is the absence of a whistleblower policy, which received a score of 0 out of 5 points. This could indicate a potential area for improvement in governance practices. Despite this, the overall financial health and organizational practices of the Econometric Society Inc position it as a reliable nonprofit in its field.
This AI summary has been generated from information found on Charity Navigator.
Is Econometric Society Inc legitimate?
Econometric Society Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Econometric Society 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: $304,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $149,476
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Official website here: www.econometricsociety.org
What is the mission statement of Econometric Society Inc?
The Econometric Society Inc's mission revolves around promoting economic research and implementing solutions to address significant economic issues. They actively engage in promoting research across various fields of economics, utilizing and refining appropriate theoretical and empirical tools to tackle crucial economic questions. The society contributes to the dissemination of knowledge by publishing scholarly journals such as Econometrica, Quantitative Economics, and Theoretical Economics. They also publish a monograph series and organize scientific meetings in six global regions. Furthermore, they conduct elections for Fellows of the Econometric Society, demonstrating their commitment to recognizing and honoring significant contributions to the field of economics.
Official website here: www.econometricsociety.org
What is the revenue of Econometric Society Inc?
Econometric Society Inc's revenue in 2023 was $2,765,365.
Official website here: www.econometricsociety.org
Who are the executives of Econometric Society Inc and what are their salaries?
Here are 33 key members and their salaries:
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Official website here: www.econometricsociety.org
Where can I find the form 990 for Econometric Society Inc?
Econometric Society Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.econometricsociety.org
Learn more at the official website: www.econometricsociety.org
Mission Statement of Econometric Society Inc
Econometric Society Inc, a renowned organization, is dedicated to promoting economic research and implementing solutions to address significant economic issues. Its mission revolves around the promotion of research across various fields of economics. The society utilizes and develops appropriate theoretical and empirical tools to tackle important economic questions. In essence, Econometric Society Inc aims to foster groundbreaking research in economics, contributing to a deeper understanding of economic phenomena and potential solutions to pressing economic challenges.
This mission is carried out through several initiatives. The society publishes scholarly journals such as Econometrika, Quantitative Economics, and Theoretical Economics, providing a platform for researchers to share their findings and advance the field of economics. Furthermore, Econometric Society Inc publishes a monograph series, allowing for in-depth exploration of specific economic topics. Additionally, the organization hosts scientific meetings in six different regions worldwide, fostering global collaboration and knowledge exchange within the economics community.
Moreover, Econometric Society Inc conducts elections for Fellows of the Econometric Society, recognizing and honoring individuals who have made significant contributions to the field of economics. By promoting research, sharing findings, and recognizing distinguished scholars, Econometric Society Inc plays a crucial role in advancing our understanding of economics and contributing to solutions for important economic issues.
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Impact
October, 2024
Econometric Society Inc significantly influences the field of economics by promoting rigorous research and facilitating the exchange of knowledge among economists worldwide. Through its scholarly publications, including influential journals like Econometrica, Quantitative Economics, and Theoretical Economics, the Society disseminates critical research findings that shape economic theory and practice.
By organizing scientific meetings across six global regions, the Econometric Society fosters collaboration and discussion among researchers, enabling them to share ideas, data, and methodologies that address pressing economic issues. Additionally, their monograph series offers a platform for in-depth exploration of specialized topics within economics, contributing to the academic discourse.
The Society also conducts elections for its Fellows, recognizing outstanding contributions to the field and ensuring that exemplary research is highlighted and celebrated. Overall, the Econometric Society Inc plays a vital role in advancing economic research and implementing solutions that tackle significant economic challenges.
This information is meant to be a general summary of Econometric Society 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 2023.
- Investment Income: $169,630
- Program Service Revenue: $1,134,989
- Gross Receipts: $2,811,743
Assets and Liabilities:
- Total Assets: $5,384,362
- Total Liabilities: $652,108
- Net Assets: $4,732,254
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEETING INCOME
Revenue
$728,868
SUBMISSIONS
Revenue
$135,250
ROYALTIIES AND DONATIO
Revenue
$94,402
SPONSORSHIPS
Revenue
$79,354
PUBLISHING FEES
Revenue
$50,907
Organization Details
Founding Year
2012
Principal Officer
Enrique Sentana
Website
www.econometricsociety.orgNTEE Category
Code: V03 - Social research
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