Texas Chemistry Council Inc

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1953

Legal Domicile

Principal Officer

Hector Rivero

Phone

5126466400

Tax Period

2022-12-01 to 2023-11-30

Texas Chemistry Council Inc, founded in 1953, is a community nonprofit that reported $5.2M in total revenue in fiscal year 2022. Revenue grew 12% year-over-year, indicating healthy expansion. Expenses of $4.6M left a modest 13% surplus.

Mission

TCC is organized and operated to serve members effectively in creating a globally competitive environment for the chemical industry in Texas in a manner that is positive for the state and its people.

Program Service Accomplishments

Program 1

TCC represented the Texas chemical industry in many important areas such as environmental protection, health and safety issues, tort reform, and energy policy.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $271,561

Program Service Revenue $4,386,870

Investment Income $149,704

Other Revenue $436,393

TOTAL REVENUE $5,244,528

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,303,842

Fundraising Expenses $0

Other Expenses $2,263,875

TOTAL EXPENSES $4,567,717

Year-over-Year Comparison

	2022	2021	Change
Revenue	$5,244,528	$4,667,282	+0.1%
Expenses	$4,567,717	$3,382,015	+0.4%
Net Income	$676,811	$1,285,267	-0.5%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$651,104

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Hector Rivero	President & CEO	40.00	Officer	$605,989	$45,115	$651,104
Christopher Noonan	Dir of Gov Affairs	40.00		$162,525	$27,145	$189,670
Caroline Espinosa	Dir of Communic	40.00		$135,417	$8,407	$143,824
Shea Pearson	General Counsel	40.00		$97,167	$32,236	$129,403
Sabrina Schwertner	Dir of TCA & Mtgs	40.00		$101,275	$19,746	$121,021
Jaida Langston	COO	40.00		$92,839	$24,259	$117,098
Darren Collins	Chairman	2.00	Officer Director	$0	$0	$0
Ted Grabowski	Vice Chair	2.00	Officer Director	$0	$0	$0
Bryan Canfield	Treasurer	2.00	Officer Director	$0	$0	$0
Chad Anderson	Director	2.00	Director	$0	$0	$0
Bob Bradshaw	Director	2.00	Director	$0	$0	$0
Carl Bronold	Director	2.00	Director	$0	$0	$0
Loris Canahuati	Director	2.00	Director	$0	$0	$0
Paul Cartlidge	Director	2.00	Director	$0	$0	$0
Andrew Coggins	Director	2.00	Director	$0	$0	$0
Louis DeHaes	Director	2.00	Director	$0	$0	$0
Azy Dony	Director	2.00	Director	$0	$0	$0
Paul Fritsch	Director	2.00	Director	$0	$0	$0
Roderick Herrick	Director	2.00	Director	$0	$0	$0
James Hillier	Director	2.00	Director	$0	$0	$0
John Kraft	Director	2.00	Director	$0	$0	$0
Jason Leigh	Director	2.00	Director	$0	$0	$0
Nathan Levin	Director	2.00	Director	$0	$0	$0
Kate Lightfoot	Director	2.00	Director	$0	$0	$0
Jeff McHenry	Director	2.00	Director	$0	$0	$0
Brad Morrison	Director	2.00	Director	$0	$0	$0
Mark Reyes	Director	2.00	Director	$0	$0	$0
Fernando Signorini	Director	2.00	Director	$0	$0	$0
Karma Thomson	Director	2.00	Director	$0	$0	$0
Jaclyn Tubre	Director	2.00	Director	$0	$0	$0
Christopher Witte	Director	2.00	Director	$0	$0	$0
Jack Wu	Director	2.00	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	$5,244,528	$4,567,717	$6,633,024	$676,811
2022	$4,667,282	$3,382,015	$5,881,665	$1,285,267
2021	$2,728,496	$2,554,128	$4,624,343	$174,368
2020	$2,334,329	$2,152,771	$4,263,393	$181,558
2019	$3,237,903	$3,070,305	$4,063,675	$167,598
2018	$3,084,187	$2,724,830	$3,802,572	$359,357