Society of Chemical Manufacturers and Affiliates
Nonprofit profile at a glance
- EIN
- 132903885
- IRS 990 coverage
- 2011–2024
- Forms available
- Form 990 2024
- Location
- Arlington, VA, USA
- Phone
- 5713485100
- Rating confidence
- Limited
Reported finances
- Revenue
- $5,857,201
- Expenses
- $6,012,591
- Assets
- $21,249,963
- Liabilities
- $3,610,071
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
29 people listed
Executive titles in this filing
- JENNIFER ABRIL (PRESIDENT & CEO)
Highest reported compensation
- JENNIFER ABRIL (PRESIDENT & CEO): $465,074 total reported compensation
- VERA STOEVA (CHIEF OPERATING OFFICER): $223,949 total reported compensation
- DAVID WAWER (SR. VP, STRATEGIC BUSINESS DEVELOPM): $205,224 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Socma supports and fosters the growth of the specialty chemical industry by delivering legislative and regulatory advocacy, promoting the highest levels of safety, and strengthening business intelligence manufacturing operations.
What it reported doing in 2024
Technical and safety: provides an environmental, health, safety and security (ehs &s) management program for members and an industry chemical operations training tool for companies to incorporate best practices and improve environmental, health, safety & security (ehs&s) performance. The ehs&s chemstewards program facilitates the successful implementation of best practices for member companies. Through the chemstewards portal, the management and compliance of the ehs&s program provides members companies an easy-to-use resource that saves time and money by having all chemstewards and related ehs&s documents in one centralized repository. The web-based repository system allows for more efficient management of the chemstewards program for members companies. Members have the ability to share more ehs&s information and increases the productivity for those managing this important function at their respective chemical manufacturing facilities. The chemical operations training tool is designed for chemical manufacturing plants in need of superior operator training with interactive 3d animations of process equipment and self-guided exercices. The tool is a comprehenisveprogram and available through an annual subscription.
Operating model
- Revenue model
- Other-operating. 91% of the money available for current operations came from other operating revenue.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 79
- Accountability: 100
- Sustainability: 41
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: 3 of 6 controls in place; rating input score 50
- Compensation committee: Pass
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -2.7%; rating input score 25; 25th percentile among comparable filings
- Total-asset coverage ratio: 3.53; rating input score 77; 77th percentile among comparable filings
- Liabilities to assets ratio: 0.17; rating input score 48; 48th percentile among comparable filings
- Officer compensation ratio: 29.1%; rating input score 6; 6th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: -0.7% per year; rating input score 0; 9th percentile among comparable filings
- Asset growth: -0.6% per year; rating input score 0; 11th percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: 21 of 21 board members independent · 9 of 9 filing controls reported
- Programs: 6 filed program accomplishments
- Leadership: top reported pay $465K · 29 people listed · 3 of 6 pay-setting controls reported
- Highest-paid contractors: 2 contractors listed · $372K reported
- Consistency: 14 of 14 current checks pass
- Schedules: 6 filed schedules · includes major donors and executive pay
- Filing history: 13 filing years from 2011 to 2024
- Contacts: How to reach this organization
- Money network: 8 filed money-flow records
- 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.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Operating margin scored 25/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Officer compensation ratio scored 6/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 48/100.