Overview
What is Association For Consumer Research Inc?
The Association for Consumer Research Inc., located at 115 Chester PK Building, Duluth, Minnesota, is a nonprofit organization dedicated to stimulating and fostering consumer research. They achieve this goal by hosting an annual conference for its members and co-sponsors, in addition to organizing an international conference that rotates among Europe, Asia-Pacific, and Latin America regions. The organization also publishes "Advances in Consumer Research," a periodical that showcases the innovative research presented at these conferences. Since 2008, the Association for Consumer Research has been supporting research efforts aligned with its objectives through a small grant program. It also administers dissertation awards funded by the Sheth Foundation and publishes the "Journal of the Association for Consumer Research," a quarterly peer-reviewed journal that delves into various consumer behavior topics. The organization's primary mission is to facilitate consumer research and exchange scholarly information among academia, industry, and government worldwide. With a workforce of 3 individuals, it strives to promote the growth and advancement of the field of consumer research.
Official website here: www.acrwebsite.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star rating)
The Association for Consumer Research Inc has achieved a high rating of 96% from Charity Navigator, which reflects its strong performance in accountability and finance. This outstanding score is attributed to its effective management practices, including a fully independent board and robust oversight measures. With a program expense ratio of 87.23%, the organization demonstrates a strong commitment to allocating funds directly towards its mission.
The nonprofit's governance is well-structured, with all board members being independent, a practice that enhances transparency and reduces conflicts of interest. The organization also adheres to high standards in financial oversight, as evidenced by its audit and oversight committee's effective functioning. The presence of comprehensive policies, including conflict of interest and whistleblower protections, further showcases its commitment to ethical practices.
While the data indicates a well-managed organization, the overall summary primarily highlights the financial aspect of the charity's operations. Further insight into the effectiveness of its programs and their impact on consumers could provide a more holistic view of its contributions to the community. Nonetheless, the organization’s strong financial health and governance practices position it favorably within the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Association For Consumer Research Inc legitimate?
Association For Consumer Research Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Association For Consumer Research 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: $53,139
Professional Fundraising Fees: $0
Other Salaries and Wages: $45,257
For more financial information, click here
Official website here: www.acrwebsite.org
What is the mission statement of Association For Consumer Research Inc?
The Association for Consumer Research Inc's mission is centered around promoting consumer research and the sharing of scholarly information. They strive to advance the field of consumer research globally, fostering collaboration among academia, industry, and government entities worldwide. One of their key functions includes facilitating the growth and progression of consumer research. They achieve this through various means, such as hosting an annual conference for members and co-sponsoring international conferences in rotating regions like Europe, Asia-Pacific, and Latin America. The organization also publishes "Advances in Consumer Research," highlighting groundbreaking research presented at these conferences. Furthermore, since 2008, ACR has supported research efforts consistent with its objectives through a small grant program. Additionally, they administer the Sheth Foundation-funded dissertation awards and publish the "Journal of the Association for Consumer Research," a peer-reviewed quarterly journal focusing on thematic explorations of consumer behavior topics.
Official website here: www.acrwebsite.org
Who is the CEO of Association For Consumer Research Inc?
Rajiv Vaidyanathan is the Executive Di of Association For Consumer Research Inc.
Official website here: www.acrwebsite.org
What is the revenue of Association For Consumer Research Inc?
Association For Consumer Research Inc's revenue in 2022 was $896,525.
Official website here: www.acrwebsite.org
Who are the executives of Association For Consumer Research Inc and what are their salaries?
The average compensation at Association For Consumer Research Inc during 2022 was $32,799. There are 3 employees at Association For Consumer Research Inc.
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Official website here: www.acrwebsite.org
Where can I find the form 990 for Association For Consumer Research Inc?
Association For Consumer Research Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.acrwebsite.org
Learn more at the official website: www.acrwebsite.org
Mission Statement of Association For Consumer Research Inc
Association for Consumer Research Inc, abbreviated as ACR, is dedicated to promoting consumer research and facilitating the exchange of scholarly information among academia, industry, and government worldwide. Its mission is to advance the field of consumer research by fostering growth and development. One of the key functions of ACR involves hosting an annual conference for its members and co-sponsoring an international conference that rotates between Europe, Asia-Pacific, and Latin America regions. These conferences serve as platforms to showcase cutting-edge research in consumer behavior.
In line with its mission, ACR publishes a journal titled 'Advances in Consumer Research,' which highlights the research presented at these conferences. Additionally, ACR established a small grant program in 2008 to support research efforts that align with its objectives. Furthermore, ACR administers the dissertation awards that are funded by the Sheth Foundation. The association also publishes the 'Journal of the Association for Consumer Research,' a quarterly peer-reviewed journal, providing thematic explorations of consumer behavior topics. In summary, Association for Consumer Research Inc is committed to supporting and advancing consumer research, facilitating information exchange, and promoting scholarly growth in the field.
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Impact
July, 2024
Association For Consumer Research Inc's impact lies in advancing consumer research and facilitating the exchange of scholarly information among academia, industry, and government worldwide. Through hosting annual conferences, publishing cutting-edge research, and administering grants and awards, ACR plays a crucial role in fostering the growth and advancement of the field of consumer research. By providing a platform for collaboration and sharing of knowledge, ACR contributes significantly to the development of insights that benefit consumers, businesses, and society as a whole.
This information is meant to be a general summary of Association For Consumer Research 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: $29,551
- Program Service Revenue: $738,565
- Gross Receipts: $896,525
Assets and Liabilities:
- Total Assets: $1,586,750
- Total Liabilities: $437,600
- Net Assets: $1,149,150
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONFERENCES
Revenue
$637,547
MEMBERSHIPS
Revenue
$92,371
PUBLICATIONS
Revenue
$8,647
Organization Details
Founding Year
1976
Phone
(218) 726-7853Principal Officer
Rajiv Vaidyanathan
Main Address
115 CHESTER PK BLDG 31 W COLLEGE ST, DULUTH, MN, 55812
Website
www.acrwebsite.orgNTEE Category
Code: W90E - Public benefit
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