2024-11-11T06:58:41-06:00 2023-12-31 420714325 RSM US LLP 1001 WATER ST STE 500 TAMPA FL 33602 990 2023-01-01 132903885 SOCIETY OF CHEMICAL MANUFACTURERS AND AFFILIATES INC SOCI 5713485100 1400 CRYSTAL DRIVE 630 ARLINGTON VA 22202 VERA STOEVA CHIEF OPERATING OFFICER 5713485100 2024-11-07 1 0 KRISTEN BARNETT P01234578 8133162300 2024-11-07 2023 2024-10-15 13:58:12Z JENNIFER ABRIL 1400 CRYSTAL DRIVE 630 ARLINGTON VA 22202 9002293 0 X WWW.SOCMA.ORG X 1977 NY TO PROMOTE THE INTERESTS OF THE SPECIALTY CHEMICAL INDUSTRY. 23 23 19 23 457398 0 50000 50000 4392364 5043906 29878 316351 318922 334397 4791164 5744654 7500 9000 0 0 2570401 2702877 0 0 0 2946593 3213294 5524494 5925171 -733330 -180517 20348552 20422406 5145429 4196848 15203123 16225558 X 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. 0 0 GOVERNMENT RELATIONS:PROVIDES REPRESENTATION TO MEMBERS AND AFFILIATES BEFORE GOVERNMENT. POSITIVELY INFLUENCES THE PASSAGE OF RATIONAL LAWS AND REGULATIONS THAT ALLOW MEMBER COMPANIES TO OPERATE IN A PRODUCTIVE MANNER AS GOOD CORPORATE CITIZENS. ON ISSUES AS WIDE-RANGING AS REFORMING THE TOXIC SUBSTANCES CONTROL ACT (TSCA), TO AUTHORIZING THE CHEMICAL FACILITY ANTI-TERRORISM STANDARDS(CFATS), TO INTERNATIONAL TRADE AND THE RESOURCE CONSERVATION AND RECOVERY ACT (RCRA). SOCMA'S ADVOCACY EFFORTS CONTINUE TO ENGAGE LEGISLATORS AND REGULATORS ALIKE THROUGH TRADITIONAL, SOCIAL MEDIA AND GRASSROOTS MOBILIZATION. 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. MEMBER SERVICES:MAINTAINS CURRENT MEMBERS, RECRUITS NEW MEMBERS AND PROVIDES MEMBERSHIP EVENTS THROUGHOUT THE YEAR. ACCELERATES THE POTENTIAL FOR MEMBERS' GROWTH BY CREATING COMMERCIAL AND NETWORKING OPPORTUNITIES, AND STRENGTHENING MEMBERS' BUSINESS AND OPERATIONS THROUGH VALUE-ADDED SERVICES. ASSOCIATION MANAGEMENT CENTER (AMC LLC):PROVIDES PRODUCTS AND SERVICES TO SOCMA AFFILIATES. SOCMA SPECIALIZES IN THE PROFESSIONAL MANAGEMENT OF INDUSTRY-SPECIFIC GROUPS WITH DEFINED ISSUES AND OBJECTIVES RELATED TO THE CHEMICAL MANUFACTURING INDUSTRY. SOCMA PROVIDES THE MANAGEMENT, PROFESSIONAL, AND TECHNICAL SERVICES NECESSARY TO MEET SPECIFIC COMPLEX REGULATORY, TESTING, AND COMMERCIALISSUES.MARKETING AND COMMUNICATIONS:PROVIDES MARKETING AND PUBLIC RELATIONS SERVICES TO PROMOTE SOCMA AND THE SPECIALTY AND FINE CHEMICAL INDUSTRY THROUGH VARIOUS PLATFORMS AND COMMUNICATIONS ACTIVITIES. THESE INCLUDE PRESS RELEASE DISTRIBUTION, SOCIAL MEDIA, THE SOCMA WEBSITE, AND VARIOUS NEWSLETTERS AND PUBLICATIONS.CENTER FOR SPECIALTY CHEMICAL SCIENCE (CSCS LLC):REPRESENTS CHEMICAL-SPECIFIC CONSORTIA FOCUSED ON ADDRESSING SCIENTIFIC, REGULATORY, AND TECHNICAL ISSUES OF COMMON INTEREST TO THE SPECIALTY CHEMICAL INDUSTRY. CSCS MANAGES THE USE AND OVERSIGHT OF ALL CONSORTIA STUDIES COMPLETED BY AND COMMISSIONED THROUGH SOCMA OVER THE LAST FOUR DECADES. 0 1 0 1 0 0 0 0 0 1 1 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 35 0 1 19 1 1 1 0 0 0 0 0 0 0 X 23 23 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 VA X VERA STOEVA 5713485100 1400 CRYSTAL DRIVE 630 ARLINGTON VA 22202 MIKE OTT IMMEDIATE PAST CHAIR 2.00 X X 0 0 0 KATE DONAHUE CHAIR 2.00 X X 0 0 0 MARA GLIOZZI 1ST VICE CHAIR 2.00 X X 0 0 0 CHUCK HINTON 2ND VICE CHAIR/TREASURER 2.00 X X 0 0 0 KEN ZREBIEC SECRETARY 2.00 X X 0 0 0 PHILLIP BALES GOVERNOR 2.00 X 0 0 0 JEFF BARNES GOVERNOR 2.00 X 0 0 0 JEANA BEELAND GOVERNOR 2.00 X 0 0 0 JOSE MARIA BERMUDEZ GOVERNOR 2.00 X 0 0 0 CHRISTOPHER BROTHERTON GOVERNOR 2.00 X 0 0 0 JOHN ZUPPO AT-LARGE REPRESENTATIVE 2.00 X 0 0 0 BRIAN BURKHART GOVERNOR 2.00 X 0 0 0 DAVID ANDERSON GOVERNOR 2.00 X 0 0 0 ALAN DYKE GOVERNOR 2.00 X 0 0 0 DAVID FORTUNE GOVERNOR 2.00 X 0 0 0 PAUL CAHILL GOVERNOR 2.00 X 0 0 0 JOSEPH WILLSON GOVERNOR 2.00 X 0 0 0 CLAY PACE GOVERNOR 2.00 X 0 0 0 CYNTHIA PETERSON GOVERNOR 2.00 X 0 0 0 ADAM PINGEL GOVERNOR 2.00 X 0 0 0 SANDY CERNIK GOVERNOR 2.00 X 0 0 0 TODD ZAHN GOVERNOR 2.00 X 0 0 0 ERIC LOOKOFSKY GOVERNOR 2.00 X 0 0 0 JENNIFER ABRIL PRESIDENT & CEO 37.50 X 397868 0 34735 VERA STOEVA CHIEF FINANCIAL OFFICER 37.50 X 187526 0 33067 DAVID WAWER SVP, STRATEGIC BUSINESS DEVELOPMENT 37.50 X 193409 0 22603 ROBERT HELMINIAK VP LEGAL & GOVERNMENT RELATIONS 37.50 X 170428 0 28432 JOSEPH DETTINGER SR. DIRECTOR, TECHNICAL AND SAFETY 37.50 X 160836 0 44265 DAVID KNOCH SR. DIRECTOR, TECHNOLOGY & ANALYTICS 37.50 X 150789 0 26094 JENNY GAINES VP, MEMBERSHIP 37.50 X 126082 0 14250 1386938 0 203446 10 0 1 0 JEANETTE MCCOOL 1713 DUBLIN DRIVE SILVER SPRING MD 20902 CONSULTING - MANAGEMENT SERVICES 165700 CHRISTOPHER CLARK 6537 OAKWOOD DRIVE FALLS CHURCH VA 22041 CONSULTING - MANAGEMENT SERVICES 164675 2 50000 50000 MEMBERSHIP DUES & ASSE 561499 2880897 2880897 MEETINGS & WORKSHOPS 561499 1494820 1494820 MANAGEMENT FEES 541900 421989 421989 SPONSORSHIP REVENUE 561499 246200 246200 5043906 405928 405928 6924 6924 14650 0 14650 14650 14650 3168062 3257639 -89577 -89577 -89577 PRODUCTS & SERVICES 561499 237621 8475 229146 MISCELLANEOUS 900099 43718 43718 WEBSITE ADS 541800 22060 20010 2050 9424 6924 2500 312823 5744654 4375717 457398 861539 X 9000 653196 1735852 19760 134651 159418 78690 35415 79221 706489 18259 195821 30838 314920 144331 767812 569425 48878 DUES & SUBS. 107505 PRINTING & COPYING 90109 OTHER 18098 TRAINING & HIRING 7483 5925171 1278733 1187322 65301 89065 97679 51705 1010049 733576 393257 276473 14764151 13635308 1166906 3319031 1154873 677929 1427652 1185573 20348552 20422406 591341 496908 1428650 1250773 3125438 2449167 5145429 4196848 X 15203123 16225558 15203123 16225558 20348552 20422406 X -180517 1186154 16798 X X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 1 2880897 9507 -561311 -551804 -551804 537079 328867 208212 134008 112649 21359 338962 292060 46902 276473 ALTERNATIVE INVESTMENTS: PARTNERSHIPS 3319031 C 3319031 DEPOSITS 26903 RIGHT-OF-USE ASSETS 1158670 1185573 DEFERRED RENT 1701322 TRADE SHOW LIABILITY 747845 2449167 X 6916285 1186154 47900 16798 1250852 5665433 79221 79221 5744654 5893850 47900 47900 5845950 79221 79221 5925171 PART X, LINE 2: SOCMA IS ORGANIZED AS A NEW YORK NONPROFIT CORPORATION AND HAS BEEN RECOGNIZED BY THE INTERNAL REVENUE SERVICE (IRS) AS EXEMPT FROM FEDERAL INCOME TAXES UNDER IRS SECTION 501(A) AS AN ORGANIZATION DESCRIBED IN IRS SECTION 501(C)(6). SOCMA IS ANNUALLY REQUIRED TO FILE A RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX (FORM 990) WITH THE IRS. IN ADDITION, SOCMA IS SUBJECT TO INCOME TAX ON NET INCOME THAT IS DERIVED FROM BUSINESS ACTIVITIES THAT ARE UNRELATED TO THEIR EXEMPT PURPOSE. SOCMA HAS UNRELATED BUSINESS INCOME TAX AND HAS FILED AN EXEMPT ORGANIZATION BUSINESS INCOME TAX RETURN (FORM 990-T) WITH THE IRS. PART XI, LINE 2D - OTHER ADJUSTMENTS: MINIMUM PENSION ADJUSTMENT 16,798. 1 SCHOLARSHIPS 3 9000 PART I, LINE 2: THE ORGANIZATION MONITORS THE USE OF THE GRANT FUNDS TO RECIPIENTS. X X X 0 0 0 JENNIFER ABRIL PRESIDENT & CEO 396040 0 0 0 1828 0 31911 0 2824 0 432603 0 0 0 VERA STOEVA CHIEF FINANCIAL OFFICER 178773 0 8000 0 753 0 14790 0 18277 0 220593 0 0 0 DAVID WAWER SVP, STRATEGIC BUSINESS DEVELOPMENT 177493 0 8500 0 7416 0 5716 0 16887 0 216012 0 0 0 JOSEPH DETTINGER SR. DIRECTOR, TECHNICAL AND SAFETY 152337 0 8000 0 499 0 12690 0 31575 0 205101 0 0 0 ROBERT HELMINIAK VP LEGAL & GOVERNMENT RELATIONS 165075 0 5000 0 353 0 10400 0 18032 0 198860 0 0 0 DAVID KNOCH SR. DIRECTOR, TECHNOLOGY & ANALYTICS 142884 0 6000 0 1905 0 8590 0 17504 0 176883 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 PROSPECTIVE MEMBERS MUST APPLY FOR MEMBERSHIP IN ONE OF THE FOLLOWING CATEGORIES: MANUFACTURER MEMBERS: ANY CORPORATION, FIRM, OR INDIVIDUAL ENGAGED IN THE MANUFACTURE OF CUSTOM, BATCH, AND SPECIALTY CHEMICALS IN THE US, MEXICO, AND CANADA (NAFTA COUNTRIES). INTERNATIONAL MEMBERS: ANY AND AFFILIATES, INC. CORPORATION, FIRM, OR INDIVIDUAL ENGAGED IN THE MANUFACTURE OF CUSTOM,BATCH, AND SPECIALTY CHEMICALS OUT OF THE NAFTA COUNTRIES, OR WHOSE PARENT OR ANY SUBSIDIARY MANUFACTURES CUSTOM, BATCH, AND SPECIALTY CHEMICALS OUTSIDE OF NAFTA COUNTRIES, BUT WHICH HAS SALES OF CUSTOM, BATCH, OR SPECIALTY CHEMICALS IN THE NAFTA COUNTRIES. DISTRIBUTOR MEMBERS: ANY CORPORATION, FIRM, OR INDIVIDUAL THAT DOES NOT MANUFACTURE CUSTOM, BATCH, AND SPECIALTY CHEMICALS, AND WHOSE PARENT OR SUBSIDIARY DOES NOT MANUFACTURE CUSTOM, BATCH, AND SPECIALTY CHEMICALS, BUT WHO HAS SALES OF CUSTOM, BATCH, AND SPECIALTY CHEMICALS IN NAFTA COUNTRIES. AFFILIATE MEMBERS: ANY CORPORATION, FIRM, OR INDIVIDUAL WHO PROVIDES SERVICES OR PRODUCTS TO THE CUSTOM, BATCH, AND SPECIALTY CHEMICAL INDUSTRY IN NAFTA COUNTRIES, AND WHO HAS AN INTEREST IN THE DEVELOPMENT OF THE CUSTOM, BATCH, AND SPECIALTY CHEMICAL INDUSTRY IN NAFTA COUNTRIES. HONORARY MEMBERS: ANY INDIVIDUAL PROMINENTLY IDENTIFIED WITH THE PROFESSIONAL, FINANCIAL, OR INDUSTRIAL DEVELOPMENT OF THE CUSTOM, BATCH, AND SPECIALTY CHEMICAL INDUSTRY IN THE NAFTA COUNTRIES OR ANYWHERE IN THE WORLD CAN BE ELECTED IN THE NAFTA COUNTRIES OR ANYWHERE IN THE WORLD CAN BE ELECTED TO HONORARY MEMBERSHIP IN SOCMA. FORM 990, PART VI, SECTION A, LINE 7A ALL MANUFACTURER MEMBERS HAVE ONE VOTE EACH AND HAVE THE RIGHT TO VOTE AND TO ELECT THE OFFICERS AND THE BOARD OF GOVERNORS OF SOCMA. FORM 990, PART VI, SECTION A, LINE 7B ALL MANUFACTURER MEMBERS HAVE ONE VOTE EACH AND HAVE THE RIGHT TO VOTE ON ANY QUESTION SUBMITTED TO THE MEMBERS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY OUTSOURCED ACCOUNTANTS AND REVIEWED BY SOCMA'S CHIEF OPERATING OFFICER AND PRESIDENT, AS WELL AS PROVIDED TO THE BOARD FOR REVIEW PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS AND EMPLOYEES ARE EXPECTED TO BE ALERT FOR AND AVOID SITUATIONS WHICH MIGHT BE CONSTRUED AS CONFLICTS OF INTEREST. ANY POSSIBLE CONFLICTS OF INTEREST ON THE PART OF ANY BOARD MEMBER SHOULD BE DISCLOSED TO THE OTHER BOARD MEMBERS AND THE SOCMA PRESIDENT AND MADE A MATTER OF RECORD. ANY BOARD MEMBER HAVING CONFLICTS OF INTEREST SHOULD NOT VOTE OR USE HIS/HER PERSONAL INFLUENCE ON THE MATTER, AND HE/SHE SHOULD NOT BE COUNTED AS PART OF A QUORUM FOR THE MEETING. THE MINUTES OF THE MEETING SHOULD REFLECT THAT A DISCLOSURE WAS MADE, THE ABSENTION FROM VOTING, AND THE QUORUM SITUATION. THESE RESTRICTIONS SHOULD NOT BE CONSTRUED AS PREVENTING THE BOARD MEMBER FROM BRIEFLY STATING HIS/HER POSITION IN THE MATTER, NOR FROM ANSWERING PERTINENT QUESTION OF OTHER BOARD MEMBERS, SINCE HIS OR HER KNOWLEDGE COULD BE OF ASSISTANCE TO DELIBERATIONS. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF GOVERNORS REVIEWS THE COMPENSATION OF THE CEO EACH YEAR. AN INDEPENDENT COMPENSATION STUDY IS CONDUCTED ANNUALLY TO REVIEW THE COMPENSATION OF THE CEO AND SENIOR STAFF. THE COMPENSATION COMMITTEE WILL MEET ANNUALLY WITH THE CEO IN THE BEGINNING OF THE YEAR TO REVIEW PERFORMANCE AND DETERMINE THE COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICTS OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE NOT MADE AVAILABLE TO THE PUBLIC FOR THE SAME PERIOD OF DISCLOSURE AS SET FORTH IN SECTION 6104(D). FORM 990, PART IX, LINE 11G OTHER PROFESSIONAL FEES 706,489. FORM 990, PART XI, LINE 9: MINIMUM PENSION ADJUSTMNENT 16,798. FORM 990, PART XII, LINE 2C: THE PROCESS FOR OVERSEEING THE AUDIT OF THE FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT THAT AUDITED THE FINANCIAL STATEMENTS HAS BEEN CONSISTENT WITH PRIOR YEARS. CENTER FOR SPECIALTY CHEMICAL SCIENCE LLC 1400 CRYSTAL DRIVE SUITE 630 ARLINGTON VA 22202 REPRESENTS CHEMICAL-SPECIFIC CONSORTIA VA 2500 80705 SOCIETY OF CHEMICAL MANUFACTURERS ASSOCIATION MANAGEMENT CENTER LLC 1400 CRYSTAL DRIVE SUITE 630 ARLINGTON VA 22202 ASSOCIATION MANAGEMENT SERVICES VA 856781 562345 SOCIETY OF CHEMICAL MANUFACTURERS