NORTHEASTERN SECTION OF THE AMERICAN CHEMICAL SOCIETY

EIN: 046037800 501(c)(3)

ARLINGTON, MA

Total Revenue
$483,602
Total Expenses
$438,144
Total Assets
$3,333,395
Net Assets
$3,315,467
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1898
Legal Domicile
MA
Principal Officer
STEVE CANHAM
Phone
9785032238
Tax Period
2023-01-01 to 2023-12-31

NORTHEASTERN SECTION OF THE AMERICAN CHEMICAL SOCIETY, founded in 1898, is a small nonprofit that reported $484K in total revenue in fiscal year 2023. Revenue decreased 7% compared to the prior year. Expenses of $438K left a modest 9% surplus.

Mission

THE ADVANCEMENT OF CHEMISTRY AND CHEMICAL ENGINEERING, THE PROMOTION OF RESEARCH, THE IMPROVEMENT OF THE QUALIFICATIONS OF MEMBERS THROUGH HIGH STANDARDS OF EDUCATIONAL AND PROFESSIONAL ETHICS, THE INCREASE AND DIFFUSION OF CHEMICAL KNOWLEDGE, AND THE PROMOTION OF SCIENTIFIC INTERESTS AND INQUIRY.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $308,886
Program Service Revenue $91,198
Investment Income $82,820
Other Revenue $698
TOTAL REVENUE $483,602

Expense Breakdown

Grants Paid $21,600
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $351,220
Other Expenses $416,544
TOTAL EXPENSES $438,144

Year-over-Year Comparison

2023 2022 Change
Revenue $483,602 $517,829 -0.1%
Expenses $438,144 $418,450 +0.0%
Net Income $45,458 $99,379 -0.5%
Key Indicators
✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
46
Independent Members
44
Employees
N/A
Volunteers
N/A

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
⚠ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$0
Total Directors
46
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DR MICHAEL SINGER SECRETARY 3.00
Officer Director
$0 $0 $0
DR STEPHEN CANHAM TREASURER 0.00
Officer Director
$0 $0 $0
DR ASHIS SAHA ALTERNATE COUNCILOR 0.00
Director
$0 $0 $0
DR DALJIT MATHARU ALTERNATE COUNCILOR 0.00
Director
$0 $0 $0
DR JENS BREFFKE ALTERNATE COUNCILOR 0.00
Director
$0 $0 $0
DR KAP-SUN YEUNG ALTERNATE COUNCILOR 0.00
Director
$0 $0 $0
DR KATHERINE RUBINO ALTERNATE COUNCILOR 0.00
Director
$0 $0 $0
DR LORI FERRINS ALTERNATE COUNCILOR 0.00
Director
$0 $0 $0
DR MARY A MAHANEY ALTERNATE COUNCILOR 0.00
Director
$0 $0 $0
DR MORTON Z HOFFMAN ALTERNATE COUNCILOR 0.00
Director
$0 $0 $0
DR PATRICK GORDON ALTERNATE COUNCILOR 0.00
Director
$0 $0 $0
DR RAJ SB RAJUR ALTERNATE COUNCILOR 0.00
Director
$0 $0 $0
MR BRIAN D'AMICO ALTERNATE COUNCILOR 0.00
Director
$0 $0 $0
MR CRAIG SERGEANT ALTERNATE COUNCILOR 0.00
Director
$0 $0 $0
MR SCOTT EDMONDSON ALTERNATE COUNCILOR 0.00
Director
$0 $0 $0
DR KENNETH MATTES ARCHIVIST 0.00
Officer Director
$0 $0 $0
DR DOROTHY J PHILLIPS AWARDS COMMITTEE 0.00
Director
$0 $0 $0
DR KATHERINE LEE BOARD OF PUBLICATIONS 0.00
Director
$0 $0 $0
DR ANDREW SCHOLTE COUNCILOR 0.00
Director
$0 $0 $0
DR ANNA SROMEK COUNCILOR 0.00
Director
$0 $0 $0
DR CAROL MULROONEY COUNCILOR 0.00
Director
$0 $0 $0
DR KAREN N ALLEN COUNCILOR 0.00
Director
$0 $0 $0
DR MALIKA JEFFRIES-EL COUNCILOR 0.00
Director
$0 $0 $0
DR MARIAM ISMAIL COUNCILOR 0.00
Director
$0 $0 $0
DR MARY JANE SHULTZ COUNCILOR 0.00
Director
$0 $0 $0
DR PATRICIA A MABROUK COUNCILOR 0.00
Director
$0 $0 $0
DR RUTH TANNER COUNCILOR 0.00
Director
$0 $0 $0
DR SOFIA SANTOS COUNCILOR 0.00
Director
$0 $0 $0
DR SONJA STRAH-PLEYNET COUNCILOR 0.00
Director
$0 $0 $0
DR THOMAS R GILBERT COUNCILOR 0.00
Director
$0 $0 $0
MS CAITLYN MILLS COUNCILOR 0.00
Director
$0 $0 $0
MS ELIZABETH DRAGANOVA COUNCILOR 0.00
Director
$0 $0 $0
MS MEREDITH WARD COUNCILOR 0.00
Director
$0 $0 $0
DR DAVID HARRIS DIRECTOR-AT-LARGE 0.00
Director
$0 $0 $0
DR JAMES U PIPER DIRECTOR-AT-LARGE 0.00
Director
$0 $0 $0
DR JOHN NEUMEYER DIRECTOR-AT-LARGE 0.00
Director
$0 $0 $0
DR MARK TEBBE DIRECTOR-AT-LARGE 0.00
Director
$0 $0 $0
DR MICHAEL FILOSA DIRECTOR-AT-LARGE 0.00
Director
$0 $0 $0
DR RAY LAM DIRECTOR-AT-LARGE 0.00
Director
$0 $0 $0
DR JACKIE O'NEIL GDCH EXCHANGE 0.00
Director
$0 $0 $0
DR DORIS I LEWIS GOVT. RELATIONS 0.00
Director
$0 $0 $0
DR CHRISTINE CAPUTO NEW HAMPSHIRE AREA COMMITTEE (NH) 0.00
Director
$0 $0 $0
DR JACK DRISCOLL PUBLIC RELATIONS 0.00
Director
$0 $0 $0
DR MINGDI YAN RICHARDS MEDAL COMMITTEE 0.00
Director
$0 $0 $0
DR CATHERINE COSTELLO TRUSTEE 0.00
Director
$0 $0 $0
MR LIPIN JI YCC CHAIR 2022-2023 0.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $483,602 $438,144 $3,333,395 $45,458
2022 $507,494 $418,750 $3,236,563 $88,744
2021 $393,415 $591,892 $3,110,777 $-198,477
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