Overview
What is American Chemical Society?
The American Chemical Society (ACS) is a prominent nonprofit organization headquartered in Washington, D.C. With a workforce of approximately 2,117 employees, ACS functions as an indispensable professional and information resource for members and other chemistry-related practitioners worldwide. Through its two publishing divisions, CAS and ACS Publications, the organization provides accurate, timely, and authoritative chemical and related scientific information, enabling users to build upon past learnings and discover a better future. CAS specializes in scientific information solutions and partnerships, curating, connecting, and analyzing scientific knowledge to reveal unseen connections, while ACS Publications delivers strong performance in scientific publishing. ACS's offerings span both traditional and digital media, improving productivity and driving advancements in various disciplines, from chemistry and related sciences to intellectual property. The organization's custom services and open data-driven decisions enable organizations to innovate more efficiently. In late 2022, ACS extended its presence into the life sciences, helping medical chemists and molecular biologists speed up drug discovery. Over the past year, ACS Publications demonstrated impressive growth, with high impact factor journals and increased global engagement.
Official website here: www.acs.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 100% - Four-Star out of Four Star rating
The American Chemical Society has achieved a perfect score of 100% from Charity Navigator, indicating a strong emphasis on accountability and financial management. This high rating is derived solely from their Accountability & Finance score, which reflects robust governance practices and transparency in financial reporting.
The organization boasts a fully independent board, with 93% of its members independent, contributing to sound decision-making processes. Additionally, it excels in various areas, including having a well-defined conflict of interest policy and maintaining a clean audit history without any material diversion of assets, underscoring its commitment to ethical practices.
While the organization excels in financial metrics, with an impressive program expense ratio of over 89%, it is essential for potential supporters to consider the broader impact and effectiveness of its programs in the community. Overall, the American Chemical Society demonstrates strong governance and financial health, making it a reliable choice for donors seeking to support a nonprofit in the scientific field.
This AI summary has been generated from information found on Charity Navigator.
Is American Chemical Society legitimate?
American Chemical Society is a legitimate nonprofit organization registered as a 501(c)(3) entity. American Chemical 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: $5,555,454
Professional Fundraising Fees: $0
Other Salaries and Wages: $216,566,154
For more financial information, click here
Official website here: www.acs.org
What is the mission statement of American Chemical Society?
The American Chemical Society (ACS) is a federally chartered organization dedicated to advancing the broader chemistry enterprise and its practitioners for the benefit of Earth and its people. ACS achieves this mission through two publishing divisions, CAS and ACS Publications, which provide accurate, timely, and authoritative chemical and scientific information to members and the global scientific community. CAS curates, connects, and analyzes scientific knowledge to reveal unseen connections and drive discovery, while ACS Publications delivers trusted, highly cited, and widely read scientific publications. ACS's information solutions improve productivity and help advance disciplines in chemistry and related sciences, as well as intellectual property. The American Chemical Society's impact on scientific discovery spans various fields, from disease treatment to sustainable energy and global food supply needs. CAS's commitment to innovation extends to enabling organizations to make data-driven decisions more efficiently. In 2022, ACS journals continued their global leadership and influence, with over 59,000 articles published and over 260 million full-text article downloads. The division also expanded its global presence, appointed research-active scientists as key editors, and enabled open access to scientific research.
Official website here: www.acs.org
Who is the CEO of American Chemical Society?
Albert Horvath is the Principal Officer of American Chemical Society. The CEO's salary of American Chemical Society is $1,139,404 and their total compensation is $1,204,963.
Official website here: www.acs.org
What is the revenue of American Chemical Society?
American Chemical Society's revenue in 2022 was $711,010,758.
Official website here: www.acs.org
Who are the executives of American Chemical Society and what are their salaries?
The average compensation at American Chemical Society during 2022 was $104,923. There are 2117 employees and 114100 volunteers at American Chemical Society.
Here are 26 key members and their salaries (American Chemical Society's CEO's salary is $1,139,404 and their total compensation is $1,204,963):
- Compensation: $1,833,224
- Related: $0
- Other: $64,096
- Compensation: $1,139,404
- Related: $0
- Other: $65,559
- Compensation: $0
- Related: $709,525
- Other: $42,205
- Compensation: $620,429
- Related: $0
- Other: $68,094
- Compensation: $584,300
- Related: $0
- Other: $52,780
- Compensation: $571,844
- Related: $0
- Other: $54,468
- Compensation: $536,677
- Related: $0
- Other: $65,088
- Compensation: $524,410
- Related: $0
- Other: $63,057
- Compensation: $533,333
- Related: $0
- Other: $53,358
- Compensation: $527,595
- Related: $0
- Other: $51,851
- Compensation: $407,762
- Related: $0
- Other: $58,258
- Compensation: $7,000
- Related: $0
- Other: $0
- Compensation: $4,650
- Related: $0
- Other: $0
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Official website here: www.acs.org
Where can I find the form 990 for American Chemical Society?
American Chemical Society's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.acs.org
Learn more at the official website: www.acs.org
Mission Statement of American Chemical Society
The American Chemical Society (ACS), a federally chartered organization, strives to advance the broader chemistry enterprise and its practitioners for the benefit of earth and its people. With a mission to be an indispensable professional and information resource, ACS provides significant services through its publishing divisions, CAS and ACS Publications. These divisions offer accurate, timely, and authoritative chemical and related scientific information to ACS members and the global scientific community.
CAS, one of ACS's publishing divisions, curates, connects, and analyzes scientific knowledge to reveal unseen connections, partnering with innovators worldwide to accelerate scientific breakthroughs. For over a century, scientists, patent professionals, and business leaders have relied on CAS solutions and expertise to provide hindsight, insight, and foresight, helping them build upon the learnings of the past to discover a better future. The organization provides powerful information solutions, including the CAS SciFinder Discovery Platform and the STN IP Protection Suite, improving productivity and advancing disciplines in chemistry and related sciences or intellectual property.
ACS Publications, another division, delivered a strong performance in 2022 as the world began to recover from the COVID-19 pandemic. The division continued to make all COVID-19 relevant content free-to-access, supporting the fight against the virus and increasing public awareness through relevant journal articles. ACS Journals continued to grow in submissions, usage, and citations and maintained their global leadership and influence in their respective fields. Key editorial and quality metrics showed strong performance, with over 59,000 articles published, over 260 million full-text article downloads, over 4.6 million total citations reported, and 73% of journals achieving their highest-ever impact factor. ACS Journals expanded their global presence, engaging with the global community of researchers through the identification and appointment of research-active scientists to key editorial posts, enabling open access/open science, and committing to transformative journals. The division prioritized diversity, equity, inclusion, and respect, continuing to confront racism in chemistry journals and contribute to a more inclusive research system.
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Impact
October, 2024
The American Chemical Society (ACS) significantly impacts the global chemistry community by advancing scientific knowledge and providing essential resources for chemistry practitioners. Through its robust publishing divisions, CAS and ACS Publications, the ACS delivers accurate, timely, and authoritative information that supports scientific research and innovation across various fields.
CAS, with its expertise in curating and analyzing scientific data, empowers innovators to overcome challenges in areas such as drug discovery, sustainable energy, and food supply. Its powerful information solutions, like the CAS SciFinder Discovery Platform™, enhance productivity and drive breakthroughs that benefit society at large.
ACS Publications ranks among the most trusted and cited sources in scientific literature, showcasing a commitment to high-quality research through a portfolio of more than 60 hybrid journals. Reflecting its dedication to advancing open science, ACS continues to support open access initiatives, thereby broadening the reach and accessibility of scientific findings.
The organization also prioritizes communication about the vital role of chemical sciences in addressing global challenges. Its efforts to promote diversity, equity, and inclusion within the field further reinforce its holistic approach to advancing chemistry.
Overall, the ACS serves as an indispensable resource for chemical professionals, driving scientific discovery while addressing critical issues facing the planet and its inhabitants.
This information is meant to be a general summary of American Chemical 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: $1,576,975
- Program Service Revenue: $700,575,732
- Gross Receipts: $1,533,213,800
Assets and Liabilities:
- Total Assets: $1,718,070,905
- Total Liabilities: $355,246,050
- Net Assets: $1,362,824,855
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INFORMATION SERVICES
Revenue
$673,883,387
EDUCATION & MEMBERSHIP
Revenue
$15,610,342
MEMBER INSURANCE PROGRAM
Revenue
$11,082,003
Organization Details
Founding Year
1938
Phone
(202) 872-4596Principal Officer
Albert Horvath
Main Address
1155 SIXTEENTH STREET NW, WASHINGTON, DC, 200364892
Website
www.acs.orgNTEE Category
Code: U330 - Science research
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