Overview
What is American Oil Chemists' Society?
The American Oil Chemists' Society, abbreviated as AOCS, is a nonprofit organization situated in Urbana, Illinois. Its primary focus lies in the realm of education and hosting events, such as annual meetings, world conferences, and short courses, serving as platforms for knowledge sharing and networking within its field. The society's mission is to advance the science and technology of oils, fats, proteins, surfactants, and related materials, ultimately enriching people's lives worldwide. With a dedicated workforce of 35 individuals, AOCS strives to foster growth and innovation in these fields.
Official website here: www.aocs.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92% (Four-Star out of Four Stars)
The American Oil Chemists' Society has received a commendable Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The score is based entirely on metrics that assess the organization's financial health and governance, indicating a robust operational framework and a commitment to transparency.
Strengths of the organization include a fully independent board, stringent financial oversight, and a solid program expense ratio, which indicates effective allocation of resources towards its mission. The organization has established comprehensive policies, including conflict of interest and whistleblower policies, ensuring ethical management and accountability in its operations.
However, while the program expense ratio is commendable, there is a slight deduction in this area, suggesting potential room for improvement in resource distribution towards programmatic activities. Overall, the American Oil Chemists' Society demonstrates a reliable commitment to maintaining high standards of financial integrity and governance.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about American Oil Chemists' Society?
84% of 22 reviewers on Facebook recommend the American Oil Chemists' Society. Here is a summary of their reviews:
Many users highlight the significant impact the society has had on their professional and personal growth, emphasizing the value of its resources and networking opportunities. Reviewers appreciate the support provided by the organization as they navigate their careers in the oil chemistry field.
Overall, satisfaction is evident among those who have engaged with the society, with a strong sentiment that it contributes positively to members' development and success in the industry. It appears that the American Oil Chemists' Society effectively fulfills its mission in fostering professional advancement and community within the sector.
This AI summary has been generated from reviews found on Facebook.
Is American Oil Chemists' Society legitimate?
American Oil Chemists' Society is a legitimate nonprofit organization registered as a 501(c)(3) entity. American Oil Chemists' Society 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: $384,566
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,873,026
For more financial information, click here
Official website here: www.aocs.org
What is the mission statement of American Oil Chemists' Society?
The American Oil Chemists' Society (AOCS) is committed to advancing the scientific and technological knowledge of oils, fats, proteins, surfactants, and related materials. Their mission is to enrich people's lives globally by doing so. AOCS achieves this through various educational activities, including annual meetings, world conferences, and short courses, providing opportunities for education and networking.
Official website here: www.aocs.org
Who is the CEO of American Oil Chemists' Society?
Patrick Donnelly is the President of American Oil Chemists' Society. The CEO's salary of American Oil Chemists' Society is $235,089 and their total compensation is $263,238.
Official website here: www.aocs.org
What is the revenue of American Oil Chemists' Society?
American Oil Chemists' Society's revenue in 2022 was $4,542,639.
Official website here: www.aocs.org
Who are the executives of American Oil Chemists' Society and what are their salaries?
The average compensation at American Oil Chemists' Society during 2022 was $64,503. There are 35 employees and 400 volunteers at American Oil Chemists' Society.
Here are 21 key members and their salaries (American Oil Chemists' Society's CEO's salary is $235,089 and their total compensation is $263,238):
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- Compensation: $110,268
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- Other: $9,668
Official website here: www.aocs.org
Where can I find the form 990 for American Oil Chemists' Society?
American Oil Chemists' Society's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.aocs.org
Learn more at the official website: www.aocs.org
Mission Statement of American Oil Chemists' Society
The American Oil Chemists' Society, abbreviated as AOCS, is dedicated to advancing the science and technology of oils, fats, proteins, surfactants, and related materials. Their mission is to enrich the lives of people everywhere by doing so. By focusing on these areas, AOCS aims to contribute to various sectors and improve the quality of life for many individuals.
In pursuit of this goal, AOCS conducts a range of educational activities, including annual meetings, world conferences, and short courses. These events serve as platforms for both education and networking, allowing professionals in the field to connect and share their knowledge. By promoting the exchange of ideas and the latest developments in the field, AOCS strives to drive progress and innovation in the use of oils, fats, proteins, surfactants, and related materials.
In summary, the American Oil Chemists' Society is a nonprofit organization that is committed to advancing the science and technology of essential materials, aiming to enhance the lives of individuals worldwide. Through educational opportunities and networking events, AOCS fosters a community of professionals and encourages the ongoing development of innovative applications for these materials.
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Impact
October, 2024
The American Oil Chemists' Society (AOCS) significantly impacts the fields of oils, fats, proteins, surfactants, and related materials through its commitment to advancing science and technology. By organizing annual meetings, world conferences, and short courses, AOCS fosters education and networking among industry professionals, researchers, and academics. This collaborative environment encourages the exchange of knowledge and innovations, which are essential for addressing contemporary challenges in food production, nutrition, and industrial applications.
Through its efforts, AOCS not only enhances the understanding of chemical processes and formulations but also enriches the quality of life across various sectors. Its influence is particularly notable in the development of sustainable practices and the improvement of product quality, ultimately benefiting consumers and industries alike. The society's dedication to research and education ensures that advancements in these critical areas continue to evolve, reflecting the needs of a changing world.
This information is meant to be a general summary of American Oil Chemists' Society. 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: $135,049
- Program Service Revenue: $4,362,450
- Gross Receipts: $5,204,665
Assets and Liabilities:
- Total Assets: $3,984,218
- Total Liabilities: $1,745,830
- Net Assets: $2,238,388
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TECHNICAL PROGRAMS
Revenue
$1,779,674
EDUCATION & MEETINGS
Revenue
$958,738
MEMBERSHIP DUES
Revenue
$747,438
PUBLICATIONS
Revenue
$674,180
ADVERTISING
Revenue
$202,420
Organization Details
Founding Year
1909
Phone
(217) 359-2344Principal Officer
Patrick Donnelly
Main Address
2710 S BOULDER DR, URBANA, IL, 618026996
Website
www.aocs.orgNTEE Category
Code: U33C - Science research
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