Overview
What is New York Society Of Cosmetic Chemists Inc?
The New York Society of Cosmetic Chemists Inc, located in Mount Freedom, New Jersey, is a nonprofit organization primarily focused on the advancement of cosmetic science. They achieve this goal by disseminating scientific information through meetings and publications. Their mission is to support and recognize cosmetic scientists while maintaining public confidence in the cosmetic industry. The society organizes the Annual Suppliers Program, where suppliers present cosmetic products for educational purposes and innovation advancement.
Official website here: www.nyscc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Stars)
The New York Society of Cosmetic Chemists Inc has achieved a Three-Star rating from Charity Navigator, indicating a solid performance in accountability and finance. The overall score is derived entirely from its Accountability & Finance score, which reflects the charity's commitment to transparency and efficient use of funds. This high rating suggests a reliable organization that adheres to good governance practices.
Strengths highlighted include a fully independent board of members, with all eight members meeting the standards set by Charity Navigator. The organization also scored well in areas such as having no material diversion of assets, maintaining a strong program expense ratio, and having comprehensive policies in place concerning conflicts of interest, whistleblowing, and document retention. These factors contribute to the charity's strong financial health and operational integrity.
Despite its strengths, the data does not provide insights into program impact or donor feedback, which are crucial for a comprehensive evaluation of the charity's effectiveness. However, the strong financial management practices and independent governance structure indicate that the organization is well-managed and accountable to its stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is New York Society Of Cosmetic Chemists Inc legitimate?
New York Society Of Cosmetic Chemists Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. New York Society Of Cosmetic Chemists 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:
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Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.nyscc.org
What is the mission statement of New York Society Of Cosmetic Chemists Inc?
The New York Society of Cosmetic Chemists Inc is committed to promoting the advancement of cosmetic science. Their primary focus is to disseminate scientific information through meetings and publications. They strive to enhance the interests and recognition of cosmetic scientists while maintaining the public's confidence in the cosmetic industry. The organization also hosts an Annual Suppliers Program, where suppliers present cosmetic products used for cosmetic science education and innovation advancement.
Official website here: www.nyscc.org
Who is the CEO of New York Society Of Cosmetic Chemists Inc?
Stacey House is the Program of New York Society Of Cosmetic Chemists Inc.
Official website here: www.nyscc.org
What is the revenue of New York Society Of Cosmetic Chemists Inc?
New York Society Of Cosmetic Chemists Inc's revenue in 2022 was $3,198,174.
Official website here: www.nyscc.org
Who are the executives of New York Society Of Cosmetic Chemists Inc and what are their salaries?
There 50 volunteers at New York Society Of Cosmetic Chemists Inc.
Here are 9 key members and their salaries:
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Official website here: www.nyscc.org
Where can I find the form 990 for New York Society Of Cosmetic Chemists Inc?
New York Society Of Cosmetic Chemists Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nyscc.org
Learn more at the official website: www.nyscc.org
Mission Statement of New York Society Of Cosmetic Chemists Inc
The New York Society of Cosmetic Chemists Inc is committed to advancing the field of cosmetic science. Their mission is threefold: firstly, they aim to increase and disseminate scientific information about cosmetics through various means, such as meetings and publications. Secondly, they strive to foster the interests and recognition of cosmetic scientists, ensuring their significant contributions to the industry are acknowledged. Lastly, they work diligently to maintain public confidence in the cosmetic industry. This is accomplished by providing reliable and accurate information, thereby fostering a trustworthy environment for both consumers and cosmetic scientists alike. Their annual Suppliers Program, which features presentations by suppliers of cosmetic products, is just one way they contribute to this mission. The program supports cosmetic science education and innovation, further advancing the field and the recognition of cosmetic scientists.
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Impact
October, 2024
The New York Society of Cosmetic Chemists Inc significantly influences the field of cosmetic science by advancing the knowledge and understanding of cosmetic products and their development. Through its various activities, it fosters a collaborative environment for cosmetic scientists, providing them with opportunities to share expertise and innovative ideas.
One of its key initiatives includes organizing meetings and publications that focus on the latest scientific advancements, allowing members to stay informed about emerging trends and technologies within the industry. This dedication not only enhances the professional growth of cosmetic scientists but also promotes ethical practices.
Additionally, the Society hosts an annual suppliers program, which features presentations from suppliers of cosmetic products. This outreach not only broadens educational horizons but also stimulates innovation within the field, reinforcing the industry's commitment to quality and safety. By prioritizing the dissemination of scientific information and elevating the status of cosmetic scientists, the Society plays a vital role in maintaining public confidence in cosmetic products, fostering an environment of transparency and trust.
This information is meant to be a general summary of New York Society Of Cosmetic Chemists 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: $51,649
- Program Service Revenue: $3,140,208
- Gross Receipts: $6,821,841
Assets and Liabilities:
- Total Assets: $7,825,917
- Total Liabilities: $1,929,452
- Net Assets: $5,896,465
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ANNUAL SUPPLIERS PRGRM
Revenue
$2,979,324
MEMBER MTGS AND EVENTS
Revenue
$141,844
NEWSLETTER
Revenue
$19,040
Organization Details
Founding Year
1955
Principal Officer
Stacey House
Main Address
1250 SUSSEX TPKE 77, MOUNT FREEDOM, NJ, 07970
Website
www.nyscc.orgNTEE Category
Code: E03 - Health
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