American Institute of Chemical Engineers

Overview

Mission

To inspire a safe, connected, and inclusive community doing a world of good as: - the global leader of the chemical engineering profession.- the center for lifelong professional and personal growth.- the foremost catalyst in applying our expertise to sustainably meet societal needs.

What it reported doing in 2024

Membership to provide a foundation for aiche members to keep current, connected, and secure throughout their careers. Aiche produces a journal (chemical engineering progress) which provides essential technical and professional information to practicing chemical engineers. The financial services area in the group assist aiche members' efforts to achieve financial security by providing them with a selection of financial services and keeping track of all financial related benefits. The above revenue excludes revenues from charitable contributions and grants of $23,193 reported in part viii, line 1, excludes royalties of $400,971 reported in part viii, line 5, excludes advertising revenues of $63,334 reported on part viii, line 2e and excludes dividend revenue of $552,759 reported on part viii, line 3.

Operating model

Revenue model
Other-operating. 61% of the money available for current operations came from other operating revenue.
Distribution model
Direct operator. The filing allocates 86% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
  • Includes noncash contributions: Reported contributions include donated property or goods.

Nonprofit profile at a glance

EIN
131623892
IRS 990 coverage
2010–2024
Official website data refreshed
Sep 2026
Forms available
Form 990 2024, Form 990-T 2024, Form 990-N 2022
Headquarters
New York, NY, USA
Phone
+1-646-495-1350
Rating
81
Verdict
STRONG
Rating confidence
Moderate

Official website

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. The filing reports few safeguards for money sent abroad and fundraising costs are high for each dollar raised.

Rating breakdown

  • Financial Efficiency: 77
  • Transparency & Controls: 79
  • Accountability: 95
  • Sustainability: 56
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 81.9%; rating input score 82
  • Program expense ratio: 82.2%; rating input score 82
  • Fundraising efficiency: $9.44 raised per $1 spent on fundraising; rating input score 37; 37th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: 5 of 6 controls in place; rating input score 83
    • Compensation committee: Pass
    • Independent consultant: Pass
    • Other Form 990s reviewed: Missing
    • Written employment contract: Pass
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: 1 of 8 controls in place; rating input score 12
    • Claims monitoring procedures: Pass
    • Requires narrative reports: Fail
    • Conducts field audits: Fail
    • May suspend future funding: Fail
    • Requires financial reports: Fail
    • Conducts site visits: Fail
    • Requires grant agreements: Fail
    • May require repayment: Fail
  • Grant itemization coverage: 100%; rating input score 100; 42nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
  • Governance controls: 8 of 9 controls in place; rating input score 89
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 10.3%; rating input score 68; 68th percentile among comparable filings
  • Total-asset coverage ratio: 1.53; rating input score 52; 52nd percentile among comparable filings
  • Liabilities to assets ratio: 0.21; rating input score 57; 57th percentile among comparable filings
  • Officer compensation ratio: 10.3%; rating input score 19; 19th percentile among comparable filings

Growth

  • Program expense growth: 6.8% per year; rating input score 100; 54th percentile among comparable filings
  • Revenue growth: 7.6% per year; rating input score 100; 62nd percentile among comparable filings
  • Asset growth: 9.3% per year; rating input score 100; 61st percentile among comparable filings

Details

  • What they do: 5 programs and campaigns described on the official site · 2 operating locations identified
  • Where the money goes: 81.9% of revenue deployed · 82.2% of spending went to programs
  • Governance: 17 of 17 board members independent · 8 of 9 filing controls reported
  • Programs: 6 filed program accomplishments · $36.7M in reported program spending
  • Leadership: top reported pay $532K · 31 people listed · 5 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $1.1M reported
  • Consistency: 42 of 42 current checks pass
  • Schedules: 9 filed schedules · includes major donors, foreign activity, grants, and executive pay
  • Filing history: 15 annual filings from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: 14 filed money-flow records
  • Related organizations: Filed and resolved organization relationships.
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Leadership & pay

31 people listed

Highest reported compensation

  • DARLENE SCHUSTER (EXECUTIVE DIR. & CEO (UNTIL 10/2024)): $531,780 total reported compensation
  • BARBARA VALENTINE (CHIEF FINANCIAL OFFICER): $464,490 total reported compensation
  • SHAKEEL KADRI (EXECUTIVE DIR. & CEO, CCPS): $464,453 total reported compensation

Source: IRS Form 990. Selected filing: FY2024.