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Passes our checks

Chemists Club

EIN 13-1623933 · New York, NY

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthFair64 out of 100GovernanceWeak38 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

THE PROMOTION OF THE INSTRUCTION, PRACTICE AND UNDERSTANDING OF CHEMISTY, CHEMICAL ENGINEERING AND OTHER CHEMICAL-RELATED SCIENCES.

Income
$285,691
Spending
$316,119
Spent on programs
92%
Reserves
1.1 months of spending
Largest source of income
fees for its services, 86%
Employees
0
Volunteers
90

Source: Form 990 for the year ending March 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Fair: 64 out of 100.

  • Reserves

    10 of 35

    Spendable reserves would cover 1.1 months of spending.

  • Debt

    20 of 20

    It owes 0% of what it owns.

  • Living within its means

    4 of 15

    Spending exceeded income by 11% of income.

  • Income trend

    15 of 15

    Income rose 25% on the year before.

  • Spending floor

    15 of 15

    92% of spending went to programs and raising each dollar of donations cost 0 cents.

Source: Form 990 for the year ending March 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Weak: 38 out of 100.

  • Independent board

    5 of 25

    45 of 108 voting board members are independent.

  • Conflict of interest policy

    0 of 15

    Reports no written conflict of interest policy.

  • Whistleblower policy

    0 of 8

    Reports no written whistleblower policy.

  • Record keeping policy

    0 of 7

    Reports no written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Independent check of accounts

    6 of 15

    Its accounts were not audited or reviewed by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending March 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (6)
  1. $47,967 spent. ANNUAL RECEPTION & DINNER - EGGNOG RECEPTION AND HOLIDAY PARTY. STUDENTS FROM COLLEGES & UNIVERSITIES AROUND THE NEW YORK CITY AREA ARE INVITED BY THE CLUB TO ATTEND THE CHEMISTS' CLUB ANNUAL EGGNOG EVENT, HELD IN MANHATTAN. THE EVENT BRINGS TOGETHER MEMBERS OF THE PAST, PRESENT, AND FUTURE GENERATIONS OF CHEMISTS & ENGINEERS. THE EVENT ALSO FEATURES CLOSING CEREMONIES OF THE INTERNATIONAL YEAR OF CHEMISTRY. AT THIS EVENT THE WINTHROP-SEARS MEDAL IS AWARDED TO AN OUTSTANDING ENTREPENEUR IN THE CHEMICAL OR LIFE SCIENCES INDUSTRY.
  2. $175,688 spent. ICIS KAVALER AWARD EVENT - IS A JOINT PROGRAM OF THE CLUB AND ICIS PUBLISHING. THIS AWARD IS PRESENTED AT A FORMAL DINNER IN MANHATTAN. HELD ANNUALLY, THE AWARD & EVENT HONORS THE MEMORY OF ARTHUR KAVALER, A LONG TIME CLUB MEMBER AND PROMINENT JOURNALIST COVERING THE CHEMICAL INDUSTRY. THE WINNER IS SELECTED BY THE TOP 40 CHEMICAL EXECUTIVES AS RECOGNIZED EACH YEAR BY ICIS.
  3. $46,405 spent. BONDING CONFERENCE - AN ANNUAL PANEL AND NETWORKING EVENT TO CONNECT STUDENTS FROM LOCAL UNIVERSITIES AND INDUSTRY PROFESSIONALS. THE EVENT RECOGNIZES HOW IMPORTANT IT IS TO UNDERSTAND AND PRACTICE SUSTAINABILITY IN THE CHEMICAL INDUSTRY AND OUR DAILY LIVES. THE CONFERENCE INCLUDES A PRESENTATION BY INDUSTRY EXPERTS, A STUDENT POSTER SESSION AND A RECEPTION.
  4. $9,301 spent. ANNUAL GENERAL MEETINGS, LUNCHEONS AND COCKTAIL PARTY HELD THROUGHOUT THE YEAR WITH VARIOUS GUEST SPEAKERS. HELD AT VARIOUS COLLEGES & UNIVERSITIES THROUGHOUT THE NEW YORK AREA. ON CAMPUS EVENTS HELD THROUGHOUT THE YEAR ON VARIOUS COLLEGE CAMPUSES IN AND AROUND NEW YORK CITY. THESE EVENTS ARE HELD TO PROMOTE THE CURRENT STUDENTS' INTEREST IN THE FIELD OF CHEMISTRY AND CHEMICAL ENGINEERING. STUDENTS ARE ENCOURAGED TO DEVELOP RELATIONSHIPS WITH CURRENT MEMEBERS.
  5. $8,596 spent. THE CHEMISTS' CLUB HOTEL WELCOME CELEBRATION- AN OPENING WELCOME CELEBRATION FOR THE CHEMISTS' CLUB FOR REGAINING ITS ORIGINAL BUILDING IDENTITY "THE CHEMISTS CLUB HOTEL". SHOWCASING THE NEW BUILDING WITH THE CLUB NAME ON IT.
  6. $3,335 spent. NYU STUDENT EVENTS, ORIENTATION FOR INCOMING NEW GRADUATE STUDENTS TO LEARN THE CHEMISTRY OF BEER MAKING AND MEET OTHER MEMBERS OF THE CLUB. THE STUDENTS LEARN ABOUT THE CLUB AND HOW THEY CAN ASSIST THEM IN MAKING INFORMED CAREER DECISIONS.

Source: Form 990 for the year ending March 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending March 2025.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since January 1964.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.