National Association Of Chemical Distributors
- Assets
- $11.0m
- Revenue
- $7.7m
- Investments
- $0.0
- Employees
- 23
- Location
- Arlington, VA
- Founding
- 05/2000
- Data as of
- 06/2023
- EIN
- 23-7414544
Organization Overview
National Association Of Chemical Distributors is located in Arlington, VA. The organization was established in 2000. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 06/2023, National Association Of Chemical Distributors employed 23 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes. National Association Of Chemical Distributors is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 06/2023, National Association Of Chemical Distributors generated $7.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.3% each year. All expenses for the organization totaled $8.0m during the year ending 06/2023. While expenses have increased by 5.5% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO ENHANCE & COMMUNICATE THE PROFESSIONALISM & STEWARDSHIP OF THE CHEMICAL DISTRIBUTION INDUSTRY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GOVERNMENT AFFAIRS: WORK WITH MEMBER COMPANIES AND GOVERNMENTAL AGENCIES TO PROMOTE INFORMED LEGISLATION AND REGULATIONS FOR THE WELL-BEING OF THE CHEMICAL DISTRIBUTION INDUSTRY AND THE PUBLIC, AND TO EQUIP MEMBERS TO BE COMPLIANT BY DEVELOPING AND DELIVERING RESOURCES TO ENSURE AWARENESS OF REGULATORY REQUIREMENTS AND CHANGES.
EDUCATION & MEETINGS: ANNUAL MEETING:THE NACD ANNUAL MEETING PROVIDES MEMBERS WITH TRAINING AND EDUCATION IN A NUMBER OF AREAS, INCLUDING, BUT NOT LIMITED TO: LEADERSHIP, BUSINESS, SAFETY, COMMUNICATIONS, ENVIRONMENTAL SAFETY, TRANSPORTATION, AND REGULATORY COMPLIANCE.NACD'S MEETINGS AND TRADE SHOWS PROVIDE MEMBERS WITH THE ABILITY TO NETWORK EASILY WITH INDUSTRY PEERS FROM INSIDE AND OUTSIDE A COMPANY'S COMPETITIVE MARKETING AREA. CONFERENCES, WEBINARS AND OTHER EDUCATIONAL EVENTS PROVIDE MEMBER COMPANIES WITH OPPORTUNITIES TO EXPAND THEIR KNOWLEDGE IN A VARIETY OF AREAS APPLICABLE TO THE CHEMICAL DISTRIBUTION INDUSTRY, INCLUDING SALES, REGULATORY AND LEGISLATIVE, AND OTHER GENERAL BUSINESS ISSUES.
RESPONSIBLE DISTRIBUTION: AN ENVIRONMENTAL, HEALTH, SAFETY, AND SECURITY (EH&S) MANAGEMENT SYSTEM DESIGNED TO ENCOURAGE CONTINUOUS IMPROVEMENT IN THE CHEMICAL DISTRIBUTION INDUSTRY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kurt Hettinga Immediate Past Chair | OfficerTrustee | 2 | $0 |
Ed Boss Chair | OfficerTrustee | 2 | $0 |
Megan Bohan Vice Chair | OfficerTrustee | 2 | $0 |
Matt Fridley Treasurer | OfficerTrustee | 2 | $0 |
Jessica Fegan Director | Trustee | 1 | $0 |
Jason Jacobus Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $171,936 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $171,936 |
| Total Program Service Revenue | $7,049,103 |
| Investment income | $201,523 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $217,906 |
| Net Rental Income | $40,704 |
| Net Gain/Loss on Asset Sales | -$11,507 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $7,669,665 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,888,768 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,555,713 |
| Pension plan accruals and contributions | $78,163 |
| Other employee benefits | $270,011 |
| Payroll taxes | $182,466 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $70,590 |
| Fees for services: Accounting | $22,242 |
| Fees for services: Lobbying | $21,777 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $34,229 |
| Fees for services: Other | $1,086,015 |
| Advertising and promotion | $146,665 |
| Office expenses | $193,254 |
| Information technology | $160,765 |
| Royalties | $0 |
| Occupancy | $295,109 |
| Travel | $159,250 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,503,777 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $138,335 |
| Insurance | $29,227 |
| All other expenses | $0 |
| Total functional expenses | $7,981,766 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $576,936 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $197,166 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $510,309 |
| Net Land, buildings, and equipment | $1,187,153 |
| Investments—publicly traded securities | $5,779,587 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,713,291 |
| Total assets | $10,964,442 |
| Accounts payable and accrued expenses | $378,674 |
| Grants payable | $0 |
| Deferred revenue | $2,276,510 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $4,440,461 |
| Total liabilities | $7,095,645 |
| Net assets without donor restrictions | $3,868,797 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $10,964,442 |