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Society Of Economic Geologists Inc

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

EIN: 841576304 ✦ Littleton, CO ✦ Designated as a 501(c)(3)

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Overview

What is Society Of Economic Geologists Inc?

The Society of Economic Geologists Inc, located in Littleton, Colorado, serves as a nonprofit organization dedicated to fostering research and education in the domain of economic geology. They are renowned for publishing various resources, including the "Economic Geology" journal, guidebooks, "Reviews in Economic Geology," and the "SEG Newsletter," among others. These publications contribute significantly to the field, providing insights and updates. The society's primary mission is to support and promote research and education in economic geology, aiming to advance knowledge and understanding in this area. They employ a team of 12 individuals, demonstrating their commitment to their mission.


Official website here: www.segweb.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 96% (Four-Star out of Four Stars)

The Society of Economic Geologists Inc has achieved an impressive 96% rating from Charity Navigator, signifying a commitment to high standards of transparency and accountability in its operations. This rating is derived solely from its performance in the Accountability & Finance category, where it earned full marks across multiple metrics, including independent board membership and financial oversight.

One of the organization's strengths is its fully independent board, contributing to effective governance. With 20 independent members and robust policies in place regarding conflicts of interest and document retention, the Society demonstrates a strong commitment to ethical management practices. Furthermore, their financial health is robust, evidenced by a low liabilities-to-assets ratio and a high program expense ratio, indicating that a significant portion of their resources directly supports their mission.

Despite the positive ratings, there may be limitations in the scope of the charity's activities that are not reflected in the financial metrics alone. While there is a strong emphasis on governance, potential donors or stakeholders might seek additional information about the specific impact of their programs and initiatives in the field of economic geology. Overall, the Society of Economic Geologists Inc stands out for its exceptional financial accountability and governance practices.


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

Is Society Of Economic Geologists Inc legitimate?

Society Of Economic Geologists Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Society Of Economic Geologists 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: $356,095
Professional Fundraising Fees: $0
Other Salaries and Wages: $604,428

For more financial information, click here


Official website here: www.segweb.org

What is the mission statement of Society Of Economic Geologists Inc?

The Society of Economic Geologists Inc. is committed to supporting research and education in the field of economic geology. Their mission is primarily focused on this area, striving to make significant contributions in this domain. They accomplish this by publishing various resources, including the prestigious journal "Economic Geology," guidebooks, and the "Reviews in Economic Geology." Additionally, they release the "SEG Newsletter" and other related publications, contributing to the dissemination of knowledge and updates in the field.


Official website here: www.segweb.org

Who is the CEO of Society Of Economic Geologists Inc?

Brian G Hoal is the Executive Director of Society Of Economic Geologists Inc.


Official website here: www.segweb.org

What is the revenue of Society Of Economic Geologists Inc?

Society Of Economic Geologists Inc's revenue in 2022 was $2,458,569.


Official website here: www.segweb.org

Who are the executives of Society Of Economic Geologists Inc and what are their salaries?

The average compensation at Society Of Economic Geologists Inc during 2022 was $80,044. There are 12 employees and 95 volunteers at Society Of Economic Geologists Inc.


Here are 18 key members and their salaries:


Stuart F Simmons (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Harold J Noyes (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen J Piercey (President-Elect)
  • Compensation: $0
  • Related: $0
  • Other: $0
Francisco I De Azevedo Jr (Past President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael N Venter (Vp For Regional Affairs)
  • Compensation: $0
  • Related: $0
  • Other: $0
Simon M Jowitt (Vp For Student Affairs)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patrick Highsmith (Foundation President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shaun L L Barket (Publications Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jose R Arce (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sarah A S Dare (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard J Herrington (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Zhaoshan Chang (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary L Little (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cesar E Vidal (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sarah A Gleeson (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Kaemba (Councilor)
  • Compensation: $0
  • Related: $0
  • Other: $0
Libby R Sharman (Councilor)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian G Hoal (Executive Director)
  • Compensation: $364,049
  • Related: $0
  • Other: $24,618


Official website here: www.segweb.org

Where can I find the form 990 for Society Of Economic Geologists Inc?

Society Of Economic Geologists Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.segweb.org

Learn more at the official website: www.segweb.org

Mission Statement of Society Of Economic Geologists Inc

The Society of Economic Geologists Inc is dedicated to advancing research and education in the field of economic geology. This nonprofit organization fulfills its mission through various publications. One of its notable contributions is the release of the "Economic Geology" journal, a platform that serves as a hub for disseminating new discoveries and insights in economic geology. Additionally, the Society of Economic Geologists Inc publishes guidebooks and "Reviews in Economic Geology," providing both in-depth analysis and overviews of significant developments in the field. Furthermore, the organization releases the "SEG Newsletter" and other related publications, ensuring that the latest news and research findings are readily available to a wide audience. By supporting research and education in economic geology, this nonprofit organization plays a crucial role in advancing our understanding of natural resources and their extraction, ultimately contributing to sustainable development and economic growth.

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Impact




July, 2024

The Society Of Economic Geologists Inc's impact lies in its support for research and education in the field of economic geology. Through publications such as the "Economic Geology" journal, guidebooks, "Reviews in Economic Geology," "SEG Newsletter," and other related materials, the society contributes to the dissemination of knowledge and advances in this specialized field. Based in Littleton, CO, the organization's mission is focused on furthering understanding and expertise in economic geology, ultimately benefiting the broader community through enhanced education and research opportunities.




This information is meant to be a general summary of Society Of Economic Geologists 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
$2,458,569 (2022)
Expenses
$3,195,150 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $454,584
  • Program Service Revenue: $1,302,666
  • Gross Receipts: $4,813,009

Assets and Liabilities:

  • Total Assets: $20,201,778
  • Total Liabilities: $607,078
  • Net Assets: $19,594,700

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

PUBLICATIONS

Revenue

$604,155

CONFERENCE INCOME

Revenue

$548,727

FIELD TRIPS & OTHER

Revenue

$149,784

Organization Details

Founding Year

1930

Principal Officer

Brian G Hoal

Main Address

7811 SHAFFER PARKWAY, LITTLETON, CO, 80127

NTEE Category

Code: B03 - Education

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