Chemical Marketing & Economics Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 834570040 ✦ Morristown, NJ ✦ Designated as a 501(c)(3)

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Overview

What is Chemical Marketing & Economics Inc?

Chemical Marketing & Economics Inc., situated in Morristown, New Jersey, is a progressive nonprofit organization. Its primary mission is to propel diverse STEM talent and leadership, driving sustainable innovation in sectors like energy, materials, and life sciences. By leveraging the transformative potential of chemistry, the central science, in conjunction with various fields of knowledge and economic sectors, CME aims to contribute positively to humanity. The nonprofit operates with a forward-thinking perspective, fostering an environment that promotes STEM advancements for the betterment of society.


Official website here: www.cme-stem.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 67%, Two-Star out of Four Star rating.

Chemical Marketing & Economics Inc has received a Two-Star rating from Charity Navigator, indicating a moderate level of accountability and financial health. The organization scored well in areas such as having a majority of independent board members and a favorable liabilities to assets ratio. However, its overall score reflects significant shortcomings in governance practices, particularly concerning policies related to conflicts of interest, whistleblower protections, and document retention.

While the nonprofit has some strengths in board independence and financial management, these governance issues raise concerns about transparency and accountability. The absence of key policies may suggest potential vulnerabilities in oversight, which could impact stakeholder trust. These factors contribute to a mixed evaluation of the organization’s overall effectiveness and reliability.

Potential donors and supporters may want to consider these limitations when engaging with Chemical Marketing & Economics Inc. Ensuring that robust governance practices are in place could enhance the organization’s credibility and encourage greater public confidence in its operations.


This AI summary has been generated from information found on Charity Navigator.

Is Chemical Marketing & Economics Inc legitimate?

Chemical Marketing & Economics Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Chemical Marketing & Economics 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: $0

For more financial information, click here


Official website here: www.cme-stem.org

What is the mission statement of Chemical Marketing & Economics Inc?

Chemical Marketing & Economics Inc., as a forward-thinking nonprofit organization, is committed to fostering diverse talent and leadership in the fields of STEM, particularly in energy, materials, and life sciences, with a view to promoting sustainable innovation. By leveraging the transformative potential of chemistry, the central science, along with other disciplines and various economic sectors, CME aims to contribute positively to humanity's well-being. The organization's goal is to accelerate the development of these crucial areas, ultimately benefiting society at large.


Official website here: www.cme-stem.org

Who is the CEO of Chemical Marketing & Economics Inc?

Steven Barnett Ksenia Takhistova is the Chairman of Chemical Marketing & Economics Inc.


Official website here: www.cme-stem.org

What is the revenue of Chemical Marketing & Economics Inc?

Chemical Marketing & Economics Inc's revenue in 2022 was $724,012.


Official website here: www.cme-stem.org

Who are the executives of Chemical Marketing & Economics Inc and what are their salaries?

There 10 volunteers at Chemical Marketing & Economics Inc.


Here are 4 key members and their salaries:


Steven Barnett (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ksenia Takhistova (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Owen Jappen (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shah Karim (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.cme-stem.org

Where can I find the form 990 for Chemical Marketing & Economics Inc?

Chemical Marketing & Economics Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.cme-stem.org

Learn more at the official website: www.cme-stem.org

Mission Statement of Chemical Marketing & Economics Inc

Chemical Marketing & Economics, Inc. (CME) is a progressive nonprofit organization with a mission to speed up the development of diverse talent and leadership in the fields of STEM, specifically focusing on energy, materials, and life sciences. Their objective is to leverage the transformative potential of chemistry, regarded as the central science, in conjunction with other areas of knowledge and various economic sectors, for the betterment of humanity. By accelerating diverse STEM leadership, CME aims to drive sustainable innovation, thereby contributing positively to society.

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Impact




July, 2024

Chemical Marketing & Economics Inc's impact lies in its dedication to accelerating diverse STEM talent and leadership for sustainable innovation in energy, materials, and life sciences. By focusing on harnessing the transformational power of chemistry and integrating it with other fields of knowledge and various sectors of the economy, Chemical Marketing & Economics Inc aims to benefit humanity through its forward-looking initiatives.




This information is meant to be a general summary of Chemical Marketing & Economics 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.

Revenue
$724,012 (2022)
Expenses
$446,000 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $851
  • Gross Receipts: $724,012

Assets and Liabilities:

  • Total Assets: $982,246
  • Total Liabilities: $0
  • Net Assets: $982,246

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Organization Details

Founding Year

2019

Principal Officer

Steven Barnett Ksenia Takhistova

Main Address

55 Madison Avenue 4259, Morristown, NJ, 07960

NTEE Category

Code: B99 - Education

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