| Form 990, PART III, Line 4D: |
Other Program Services includes the American Chemical Society (ACS) member insurance program, also known as the ACS Group Life Insurance Trust, which provides members with insurance coverage through group insurance policies. Offerings include life, ten - and twenty - year level term life, high limit accidental death and dismemberment, hospital indemnity, disability protection, supplemental health, professional liability, and auto/homeowners insurance. |
| Form 990, PART V, Lines 4A & 4B: |
IN 2020, THE ACS MAINTAINED BANK ACCOUNTS IN the United Kingdom and India FOR PURPOSES OF COLLECTING REVENUE AND PAYING EXPENSES DENOMINATED IN FOREIGN CURRENCIES. |
| Form 990, PART VI, Section A, Line 2: |
IN 2020, THE FOLLOWING INDIVIDUALS HAD BUSINESS RELATIONSHIPS BY SERVING TOGETHER (IN AN UNPAID CAPACITY) ON THE BOARD OF AN ACS RELATED ORGANIZATION, ACS INTERNATIONAL LTD. (ACSI): DR. THOMAS CONNELLY JR. (ACSI CHAIR OF THE BOARD), MANUEL GUZMAN (ACSI PRESIDENT AND DIRECTOR), FLINT LEWIS (ACSI DIRECTOR), AND ALBERT HORVATH (SECRETARY/TREASURER). THEY RECEIVED NO COMPENSATION FOR THEIR SERVICE AS DIRECTOR OR OFFICER OF ACSI. IN 2020, IMMEDIATE PAST PRESIDENT (DR. BONNIE A. CHARPENTIER) HAD A FAMILY RELATIONSHIP WITH AN ACS DIRECTOR (DR. LEE H. LATIMER). FORM 990, PART VI, SECTION A, LINE 4: In 2020, changes to the ACS governing documents were made and included the following: 1) A Bylaw change that clarify how amendments to the Standing Rules are made. 2) Added a Schedule of Membership that describes the dues and benefits process, the 2021 base dues, the dues categories and benefits packages, membership discounts and variations, and the process of making amendments to the Schedule of Membership. |
| Form 990, Part VI, Section A, LINE 6: |
THE AMERICAN CHEMICAL SOCIETY IS A FEDERALLY CHARTERED NOT-FOR-PROFIT CORPORATION WHOSE MEMBERSHIP IS OPEN TO INDIVIDUALS WHO ARE INTERESTED IN THE OBJECTS OF ACS AND WHO MEET THE REQUIREMENTS FOR MEMBERS OR STUDENT MEMBERS, AS PROVIDED IN THE ACS CONSTITUTION AND BYLAWS. THE ACS MAY APPROVE FOR MEMBER A PERSON WHO MEETS ANY OF THE REQUIREMENTS FOR FORMAL TRAINING, EXPERIENCE, OR EMPLOYMENT IN A CHEMICAL SCIENCE OR IN A RELATED FIELD OF NATURAL SCIENCE, ENGINEERING, TECHNOLOGY, OR SCIENCE EDUCATION. NATURAL SCIENCES ARE THOSE THAT DEAL WITH MATTER, ENERGY, AND THEIR INTERRELATIONSHIPS AND TRANSFORMATIONS. THE ACS MAY APPROVE FOR STUDENT MEMBER, A PERSON WHO IS ACTIVELY WORKING TOWARD AN UNDERGRADUATE DEGREE IN A CHEMICAL SCIENCE OR IN A RELATED FIELD OF NATURAL SCIENCE, ENGINEERING, TECHNOLOGY, OR SCIENCE EDUCATION FROM AN APPROPRIATELY ACCREDITED EDUCATIONAL INSTITUTION, OR ONE ACCEPTABLE TO THE ACS. IN 2020, THE FOLLOWING CATEGORIES OF MEMBERS HAD THE RIGHT TO ELECT THE MEMBERS OF THE GOVERNING BODY OR THEIR DELEGATES: - REGULAR MEMBER - A PERSON THAT HAS A DEGREE OR CERTIFICATION IN CHEMICAL OR RELATED SCIENCES; OR CERTIFICATION AS A TEACHER OF A CHEMICAL SCIENCE. - UNDERGRADUATE STUDENT MEMBER - A PERSON ACTIVELY WORKING TOWARD AN UNDERGRADUATE DEGREE IN CHEMISTRY OR IN A RELATED ACADEMIC DISCIPLINE, SHALL BE ENTITLED TO A FIVE-SIXTH DISCOUNT ON DUES. AN UNDERGRADUATE STUDENT MEMBER IS ENTITLED TO ALL PRIVILEGES OF MEMBERSHIP EXCEPT THAT OF HOLDING AN ELECTIVE POSITION OF THE ACS, ITS LOCAL SECTIONS, OR ITS DIVISIONS, AND THE PRIVILEGE OF SERVING AS TEMPORARY SUBSTITUTE COUNCILOR. |
| Form 990, Part VI, Section A, LINE 7A: |
AS DESCRIBED ON LINE 6, ACS MEMBERS, OR THEIR ELECTED MEMBER REPRESENTATIVES ("COUNCILORS") FROM ACS LOCAL SECTIONS AND DIVISIONS, ELECT ACS BOARD MEMBERS. All ACS members residing in the US automatically become members of an ACS Local Section while all members may choose to join an ACS Division. A DIVISION IS A GROUP OF 50 OR MORE MEMBERS WITH A COMMON INTEREST IN A PARTICULAR FIELD OF SOCIETY INTEREST AUTHORIZED BY THE ACS COUNCIL. A LOCAL SECTION IS A GROUP OF 50 OR MORE MEMBERS COVERING A TERRITORY APPROVED BY THE ACS COUNCIL. IN 2020, THE ACS HAD 152,904 MEMBERS WHO WERE EITHER A REGULAR MEMBER OR AN UNDERGRADUATE STUDENT MEMBER, WHO ELECT THE ACS PRESIDENT-ELECT. IN ADDITION TO THE PRESIDENT-ELECT, THERE ARE TWO EX-OFFICIO VOTING MEMBERS OF THE BOARD OF DIRECTORS: THE CURRENT PRESIDENT AND THE MOST RECENT PAST PRESIDENT (BOTH ELECTED BY THE MEMBERSHIP IN PRIOR YEARS). THE SIX DISTRICT DIRECTORS, WHO ALSO SERVE ON THE ACS BOARD, ARE ELECTED BY THE MEMBERS OF THE SIX GEOGRAPHICAL DISTRICTS AS PROVIDED IN THE BYLAWS, FROM WHICH THEY ARE TO SERVE. IN ADDITION, THE SIX DIRECTORS-AT-LARGE ARE ELECTED BY THE COUNCIL. THE ACS COUNCIL IS COMPOSED OF THE ACS PRESIDENT, THE PRESIDENT-ELECT, THE DIRECTORS, THE PAST PRESIDENTS, THE EXECUTIVE DIRECTOR & CEO, THE SECRETARY, AND THE COUNCILORS REPRESENTING ACS DIVISIONS AND LOCAL SECTIONS, ALL OF WHOM SHALL BE KNOWN AS VOTING COUNCILORS, IF MEMBERS OF THE ACS. COUNCILORS ARE ELECTED BY DIVISION AND LOCAL SECTION MEMBERS (IN 2020, ACS HAD 32 DIVISIONS AND 185 LOCAL SECTIONS). TWENTY PERCENT OF ELECTED COUNCILORS ARE ELECTED BY DIVISIONS AND 80% ARE ELECTED BY LOCAL SECTIONS. |
| Form 990, PART VI, SECTION B, LINE 11B: |
THE ACS FORM 990, INCLUDING REQUIRED SCHEDULES AND SUPPORTING DOCUMENTATION, WAS PREPARED BY THE ACS TAX COMPLIANCE AND REPORTING OFFICE (TAX OFFICE). A DETAILED REVIEW OF THE RETURN WAS CONDUCTED BY THE ASSISTANT DIRECTOR, FINANCIAL SERVICES, AND THE DIRECTOR, STRATEGIC FINANCIAL PLANNING. THE RETURN WAS THEN REVIEWED BY MEMBERS OF ACS SENIOR MANAGEMENT INCLUDING THE TREASURER & CHIEF FINANCIAL OFFICER, EXECUTIVE VICE PRESIDENT, HUMAN RESOURCES, DIRECTOR OF EXTERNAL AFFAIRS & COMMUNICATION, SECRETARY & GENERAL COUNSEL, AND EXECUTIVE DIRECTOR & CEO. IN ADDITION, THE RETURN WAS REVIEWED BY THE SOCIETY'S EXTERNAL TAX ADVISERS, KPMG LLP. PRIOR TO THE FILING OF THE RETURN WITH THE INTERNAL REVENUE SERVICE, A COPY OF THE FINAL FORM 990 AND REQUIRED SCHEDULES WAS MADE AVAILABLE TO EACH MEMBER OF THE BOARD OF DIRECTORS AND EACH MEMBER OF THE AUDIT COMMITTEE FOR THEIR REVIEW. |
| Form 990, Part VI, Section B, LINE 12C: |
PURSUANT TO ACS BOARD REGULATIONS, DIRECTORS, OFFICERS, KEY EMPLOYEES, AND MEMBERS OF TWO ACS COMMITTEES AND ONE GOVERNING BOARD (THE COMMITTEE ON BUDGET AND FINANCE, THE COMMITTEE ON EDUCATION AND THE GOVERNING BOARD FOR PUBLISHING) ARE REQUIRED TO ANNUALLY SUBMIT A COMPLETED CONFLICT OF INTEREST DISCLOSURE FORM. THE ACS SECRETARY & GENERAL COUNSEL REVIEWS EACH OF THE FORMS (EXCEPT HIS/HER OWN, WHICH IS REVIEWED BY THE EXECUTIVE DIRECTOR & CEO) AND ASSESSES WHETHER AN ACTUAL OR POTENTIAL CONFLICT OF INTEREST EXISTS/MAY EXIST AND WHETHER THE INDIVIDUAL SHOULD REFRAIN FROM CONSIDERATION OF RELATED ITEMS. WHENEVER ANY BUSINESS MATTER, WHICH IS TO BE CONSIDERED BY BOARD-RELATED BODIES, OFFICERS, OR KEY EMPLOYEES, INVOLVES ACTIVITIES OR INFORMATION THAT MIGHT DIRECTLY OR INDIRECTLY PLACE A PARTICIPANT IN A SPECIAL CONFLICT OF INTEREST, THEN THE AFFECTED INDIVIDUAL SHALL REFRAIN FROM PARTICIPATING IN THE CONSIDERATION OF, OR ANY VOTING UPON, SUCH MATTER. The ACS Policies and Procedures Manual includes a Conflict of Interest policy applicable to all ACS employees. Additionally, on an annual basis, ACS employees in key positions are required to read, reaffirm their understanding of the ACS Conflict of Interest Policy, and, if applicable, to submit a completed conflict of interest disclosure form. Disclosure forms may be reviewed by a combination of Human Resources, General Counsel, and the employee's management chain, as appropriate, to determine whether an actual or potential conflict of interest exists/may exist and how to relieve any genuine conflict. Under ACS policy, a conflict of interest occurs when an employee permits the possibility of gain to himself or his immediate family, or permits others to have influence over his judgment when carrying out duties on behalf of the Society. An action may constitute a conflict of interest without being in violation of any laws, rules, or regulations. If an employee has questions about outside activities that may conflict with the Society's interests, the employee is required to consult with Human Resources in writing and receives a formal written response. |
| Form 990, Part VI, Section B, Lines 15A & 15B: |
The ACS Board of Directors determines the salaries and incentive pay of the organization's Executive Director & CEO, top management officials, other officers, and key employees. The ACS Board of Directors is advised on the salaries and incentive payments for the Executive Director & CEO, officers, top management officials, and key employees by the ACS Committee on Executive Compensation. Members of this Committee include nonpaid ACS members - the ACS President-Elect, the ACS President, the ACS Past President, the Chair of the ACS Budget & Finance Committee, and two ACS members with "expertise in senior and executive staff compensation issues" who are appointed by the ACS Board Chair - as well as the Executive Director & CEO who serves ex officio (non-voting). The Chair of this Committee is appointed by the ACS Board Chair from among the Committee members. In addition, the Committee on Executive Compensation is advised on the salary and incentive payment for the Executive Director & CEO by a Subcommittee of the ACS Board's Executive Committee - the Committee to Review the Executive Director (CRED). Members of this Subcommittee include the ACS Board Chair, the ACS President-Elect, the ACS President, the ACS Immediate Past President (Presidential Succession from performance year) and the longest tenured Board member who is an elected member of the Board's Executive Committee (for performance year under consideration). The Chair of this Subcommittee is the ACS Board Chair. The total cash compensation for ACS's executive positions is regularly benchmarked against comparable executive positions using independently published compensation survey data and independent executive consultants. The salary increases and incentive payments for the Executive Director & CEO, officers, top management officials, and key employees in 2020 were based on the 2019 performance year and were reviewed by the Committee on Executive Compensation and the ACS Board. The Committee and Board voted on these increases and incentives which were documented in the minutes from the Committee and Board meetings. The salary increase and incentive payments for the Executive Director & CEO were also reviewed by the CRED Subcommittee. The written performance reviews and related documentation were provided to the Committee members and the ACS Board of Directors. Salary increases for 2020 for ACS executives were processed in the first quarter of 2021. |
| Form 990, PART VI, SECTION C, LINE 19: |
THE AMERICAN CHEMICAL SOCIETY'S CHARTER, CONSTITUTION, BYLAWS, REGULATIONS, WRITTEN CONFLICT OF INTEREST POLICY CONTAINED WITHIN ITS REGULATIONS, AND AUDITED FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC THROUGH THE ORGANIZATION'S WEBSITE AT HTTPS://WWW.ACS.ORG. THE ACS HUMAN RESOURCES POLICIES AND PROCEDURES, AVAILABLE ONLY FOR EMPLOYEES AND NOT AVAILABLE TO THE PUBLIC, INCLUDE A WRITTEN CONFLICT OF INTEREST POLICY UNDER THE CODE OF ETHICS POLICY. |
| Form 990, Part XI, Line 9: |
OTHER CHANGES IN NET ASSETS OR FUND BALANCES: CHANGE IN PENSION FUNDING STATUS $13,806,205 ADJUSTMENTS TO CONTRIBUTIONS $164,520 GRANT REFUNDS $141,442 ADJUSTMENTS TO PLEDGES RECEIVABLE ($25,000) OTHER CHANGES LINE 9, OTHER CHANGES IN NET ASSETS $14,087,167 |
| FORM 990 PART IX LINE 11G |
DESCRIPTION:MARKETING FEES TOTAL FEES:63207127 |
| FORM 990 PART IX LINE 11G |
DESCRIPTION:CONSULTING FEES TOTAL FEES:31828000 |
| FORM 990 PART IX LINE 11G |
DESCRIPTION:EDITORIAL FEES TOTAL FEES:27486413 |
| FORM 990 PART IX LINE 11G |
DESCRIPTION:TEMPORARY FEES TOTAL FEES:5713016 |
| FORM 990 PART IX LINE 11G |
DESCRIPTION:OTHER PROFESSIONAL SERVICES TOTAL FEES:3518500 |
| FORM 990 PART IX LINE 11G |
DESCRIPTION:WRITERS FEES TOTAL FEES:718338 |
| FORM 990 PART IX LINE 11G |
DESCRIPTION:HONORARIA TOTAL FEES:304257 |
| FORM 990 PART IX LINE 11G |
DESCRIPTION:SPEAKER FEES TOTAL FEES:123677 |
| FORM 990 PART IX LINE 11G |
DESCRIPTION:ADMINISTRATIVE FEES TOTAL FEES:117120 |
Attach to Form 990 or 990-EZ.