Overview
What is Apics Supply Chain Council Inc?
Apics Supply Chain Council Inc is a nonprofit organization based in Chicago, Illinois, with a mission to bridge the gap between practitioners and academics in the field of resource management. They achieve this by providing top-tier research, educational programs, and curriculum development. The council's activities are primarily focused on promoting education and encouraging research to enhance the supply chain profession, operating in accordance with the Internal Revenue Code of 1986. They are known as the Association for Supply Chain Management Foundation under a different name.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79%, Three-Star out of Four Star rating
Apics Supply Chain Council Inc received a Three-Star rating from Charity Navigator, indicating a solid performance in its accountability and finance practices. The organization scored 79%, with the overall score derived from its strict adherence to financial and operational transparency. The charity's board is entirely independent, which underscores its commitment to governance integrity.
The organization excels in several areas, including having a comprehensive conflict of interest policy and a whistleblower policy in place. Its program expense ratio is notably high at 94.65%, suggesting that the majority of its funds are directed towards its programs rather than administrative costs. Additionally, there are no reported material diversions of assets, which reflects responsible financial management.
However, the charity faces a significant issue with its liabilities to assets ratio at 2492.08%, which raises concerns about financial stability. This high ratio indicates that the organization may have substantial debt relative to its assets, warranting caution for potential donors regarding long-term sustainability. Overall, while Apics Supply Chain Council Inc demonstrates strong governance practices, attention to its financial health is advisable.
This AI summary has been generated from information found on Charity Navigator.
Is Apics Supply Chain Council Inc legitimate?
Apics Supply Chain Council Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Apics Supply Chain Council 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $9,291
For more financial information, click here
What is the mission statement of Apics Supply Chain Council Inc?
Apics Supply Chain Council Inc is organized and operated with a primary focus on scientific, educational, and charitable purposes. In line with this, the council's mission is to provide education and encourage research to foster improvements in the supply chain profession. By doing so, it aims to bridge the gap between practitioners and academics, ultimately contributing to the advancement of the supply chain field. The council's activities are aligned with Section 501(C)(3) of the Internal Revenue Code, which supports its charitable mission.
Who is the CEO of Apics Supply Chain Council Inc?
Jeff Zettek is the Chair of Apics Supply Chain Council Inc. The CEO's salary of Apics Supply Chain Council Inc is $0 and their total compensation is $1,224,498.
What is the revenue of Apics Supply Chain Council Inc?
Apics Supply Chain Council Inc's revenue in 2022 was $469,685.
Who are the executives of Apics Supply Chain Council Inc and what are their salaries?
There 1000 volunteers at Apics Supply Chain Council Inc.
Here are 7 key members and their salaries (Apics Supply Chain Council Inc's CEO's salary is $0 and their total compensation is $1,224,498):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $1,096,032
- Other: $128,466
- Compensation: $0
- Related: $427,686
- Other: $90,682
Where can I find the form 990 for Apics Supply Chain Council Inc?
Apics Supply Chain Council Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Apics Supply Chain Council Inc
Apics Supply Chain Council Inc, a nonprofit organization, is dedicated to serving a noble cause. Its mission is primarily focused on bridging the gap between practitioners and academics within the supply chain profession. This council operates under Section 501(C)(3) of the Internal Revenue Code of 1986, with a primary objective of providing education and promoting research. The ultimate goal is to facilitate improvements in the supply chain field. By fostering collaboration between academics and professionals, Apics Supply Chain Council Inc aims to contribute to the advancement of knowledge and best practices in the supply chain sector. The organization's activities are geared towards empowering individuals and organizations in the field, thereby driving progress and innovation in the supply chain industry.
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Impact
July, 2024
Apics Supply Chain Council Inc plays a critical role in building bridges between practitioners and academics in the field of supply chain management. By providing the nation's best resource management research, educational programs, and curriculum development, the organization contributes to the advancement of the supply chain profession. Through its scientific, educational, and charitable efforts, Apics Supply Chain Council Inc fosters community improvement by facilitating improvements in the supply chain profession.
This information is meant to be a general summary of Apics Supply Chain Council 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: $1,129
- Program Service Revenue: $468,056
- Gross Receipts: $476,681
Assets and Liabilities:
- Total Assets: $141,049
- Total Liabilities: $3,515,059
- Net Assets: -$3,374,010
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PUBLICATIONS
Revenue
$468,056
Organization Details
Founding Year
1957
Phone
(773) 867-1777Principal Officer
Jeff Zettek
Main Address
8430 W BRYN MAWR AVENUE 1000, CHICAGO, IL, 60631
NTEE Category
Code: S41 - Community improvement
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