2024-11-14T09:51:02-06:00 2023-12-31 420714325 RSM US LLP 919 EAST MAIN STREET SUITE 1800 RICHMOND VA 23219 990 2023-01-01 530104410 AMERICAN CHEMISTRY COUNCIL AMER 2022497000 700 2ND ST NE WASHINGTON DC 20002 JOSEPH YATES PARKER CFO 2022497000 2024-11-08 1 0 MEREDITH BELL P01696827 8042822121 2024-11-08 2023 2024-10-15 13:58:12Z CHRIS JAHN 700 2ND ST NE WASHINGTON DC 20002 296198346 0 X WWW.AMERICANCHEMISTRY.COM X 1950 NY THE PURPOSE OF THE COUNCIL SHALL BE THE PROMOTION OF THE INTERESTS OF THE BUSINESS OF CHEMISTRY IN THE UNITED STATES OF AMERICA, ITS TERRITORIES AND POSSESSIONS AND GLOBALLY. 53 53 333 63 702720 0 419015 596842 144753966 175859384 2813956 2843471 1415383 1456281 149402320 180755978 2705902 1698955 0 0 58043628 64910779 0 0 0 92145057 117507040 152894587 184116774 -3492267 -3360796 167083777 172946932 114071359 109812789 53012418 63134143 THE PURPOSE OF THE COUNCIL SHALL BE THE PROMOTION OF THE INTERESTS OF THE BUSINESS OF CHEMISTRY IN THE UNITED STATES OF AMERICA, ITS TERRITORIES AND POSSESSIONS AND GLOBALLY. 0 0 ACC LAUNCHED CHEMISTRY CREATES, AMERICA COMPETES, A COMPREHENSIVE PUBLIC RELATIONS AND ADVOCACY INITIATIVE CALLING ON THE WHITE HOUSE, POLICYMAKERS AND FEDERAL AGENCIES TO STOP REGULATORY OVERREACH AND ADOPT SMART, PRO-GROWTH POLICIES THAT MAKE AMERICA THE LEADING COUNTRY WHEN IT COMES TO DEVELOPING AND MANUFACTURING CHEMICALS AND ENABLES ALL U.S. MANUFACTURING SECTORS TO MAKE MORE HERE IN AMERICA. ACC EDUCATED AUDIENCES ABOUT THE INDUSTRY BY EXPANDING ITS COMMUNITY SOLUTIONS INITIATIVE, INCLUDING A NUMBER OF UNIQUE, LOCAL DISCUSSIONS/ROUNDTABLES ACROSS KEY SECTOR HUBS IN TEXAS, LOUISIANA AND OHIO IN A CONTINUOUS EFFORT TO HELP BUILD TRUST AND ENABLE THE U.S. CHEMICAL MANUFACTURING INDUSTRY TO BETTER UNDERSTAND AND SUPPORT LOCAL COMMUNITIES. ACC CONVENED 100 STAKEHOLDERS TO HELP ADVANCE MORE SUSTAINABLE AND CIRCULAR SOLUTIONS FOR PLASTICS IN DURABLE APPLICATIONS. THE RESULTING INDUSTRY ROADMAP DETAILS POLICIES AND BUSINESS APPROACHES THAT CAN ACCELERATE DEVELOPMENT OF THE CIRCULAR ECONOMY FOR DURABLE GOODS IN FIVE KEY MARKET SECTORS. THE ROADMAP ALSO HIGHLIGHTS IMPORTANT DISTINCTIONS BETWEEN DIFFERENT CHEMISTRIES, USE CASES, AND MARKET STRUCTURES THAT MUST BE UNDERSTOOD TO WORK. 0 1 1 1 0 0 0 0 0 1 1 0 1 1 1 0 1 0 1 1 1 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 1 204 0 1 333 1 1 1 0 0 0 0 0 1 0 X 53 53 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 DC X BILL PAPPAS 2022497000 700 2ND ST NE WASHINGTON DC 20002 KAREN MCKEE CHAIR OF THE BOARD 1.00 X X 0 0 0 ERIN KANE EXECUTIVE COMMITTEE CHAIR 1.00 X X 0 0 0 PETER R HUNTSMAN IMMEDIATE PAST CHAIR OF THE BOARD 1.00 X X 0 0 0 MICHAEL J GRAFF BOARD FINANCE, AUDIT & MEMBERSHIP 1.00 X X 0 0 0 JIM FITTERLING BOARD MEMBER 1.00 X 0 0 0 NEIL ACKERMAN BOARD MEMBER 1.00 X 0 0 0 SCOTT BEHRENS BOARD MEMBER 1.00 X 0 0 0 CINDY BOITER BOARD MEMBER 1.00 X 0 0 0 FRANK BOZICH BOARD MEMBER 1.00 X 0 0 0 DARRELL BROWN BOARD MEMBER 1.00 X 0 0 0 PHIL BROWN BOARD MEMBER 1.00 X 0 0 0 INGA CARUS BOARD MEMBER 1.00 X 0 0 0 BRUCE CHINN BOARD MEMBER 1.00 X 0 0 0 DEAN CORDLE BOARD MEMBER 1.00 X 0 0 0 MARK COSTA BOARD MEMBER 1.00 X 0 0 0 MIKE FINELLI BOARD MEMBER 1.00 X 0 0 0 JOHN FORTSON BOARD MEMBER 1.00 X 0 0 0 BRAD GRIFFITH BOARD MEMBER 1.00 X 0 0 0 MIKE HEINZ BOARD MEMBER 1.00 X 0 0 0 HAAKAN JONSSON BOARD MEMBER 1.00 X 0 0 0 MARK KRAMER BOARD MEMBER 1.00 X 0 0 0 CONRAD KEIJZER BOARD MEMBER 1.00 X 0 0 0 ALOKE LOHIA BOARD MEMBER 1.00 X 0 0 0 SEAN KEOHANE BOARD MEMBER 1.00 X 0 0 0 ROBERT KING BOARD MEMBER 1.00 X 0 0 0 PHIL MCDIVITT BOARD MEMBER 1.00 X 0 0 0 ROBIN MOOLDIJK BOARD MEMBER 1.00 X 0 0 0 MARK NEWMAN BOARD MEMBER 1.00 X 0 0 0 MARK NIKOLICH BOARD MEMBER 1.00 X 0 0 0 JIM M NICHOLSON BOARD MEMBER 1.00 X 0 0 0 GUILLERMO NOVO BOARD MEMBER 1.00 X 0 0 0 ANTHONY O'DONOVAN BOARD MEMBER 1.00 X 0 0 0 JOHN PANICHELLA BOARD MEMBER 1.00 X 0 0 0 ANTONIS PAPADOURAKIS BOARD MEMBER 1.00 X 0 0 0 JOHN J PARO BOARD MEMBER 1.00 X 0 0 0 BOB PATEL BOARD MEMBER 1.00 X 0 0 0 RONALDO PEREIRA BOARD MEMBER 1.00 X 0 0 0 RANDY POGUE BOARD MEMBER 1.00 X 0 0 0 BRIAN POWERS BOARD MEMBER 1.00 X 0 0 0 DARYL ROBERTS BOARD MEMBER 1.00 X 0 0 0 LARRY RYAN BOARD MEMBER 1.00 X 0 0 0 LORI RYERKERK BOARD MEMBER 1.00 X 0 0 0 THOMAS L SHEPHERD BOARD MEMBER 1.00 X 0 0 0 BONNIE TULLY BOARD MEMBER 1.00 X 0 0 0 PETER VANACKER BOARD MEMBER 1.00 X 0 0 0 CHRISTOPHE VUILLEZ BOARD MEMBER 1.00 X 0 0 0 MICHAEL WILLOME BOARD MEMBER 1.00 X 0 0 0 KEN WEST BOARD MEMBER 1.00 X 0 0 0 LUDIAN BOLDEA BOARD MEMBER 1.00 X 0 0 0 MACHTELD DE HAAN BOARD MEMBER 1.00 X 0 0 0 SAMIR HIFRI BOARD MEMBER 1.00 X 0 0 0 ROGER KEARNS BOARD MEMBER 1.00 X 0 0 0 MICHAEL LEFENFELD BOARD MEMBER 1.00 X 0 0 0 REBECCA LIEBERT BOARD MEMBER 1.00 X 0 0 0 BRIAN PALIOTTI BOARD MEMBER 1.00 X 0 0 0 ALASTAIR PORT BOARD MEMBER 1.00 X 0 0 0 ED SPARKS BOARD MEMBER 1.00 X 0 0 0 ERIC STOUDER BOARD MEMBER 1.00 X 0 0 0 ANDREW TOMETICH BOARD MEMBER 1.00 X 0 0 0 FREDERIQUE VAN BAARLE BOARD MEMBER 1.00 X 0 0 0 CHRISTOPHER L JAHN PRESIDENT AND CEO 38.00 X 3514464 0 253584 JOSEPH YATES PARKER III CFO, CAO, TREASURER 38.00 X 637145 0 99009 ALLISON W STARMANN GEN. COUNSEL, CORPORATE SECRETARY 38.00 X 643267 0 63069 ROSS E EISENBERG VP, PLASTICS 38.00 X 768220 0 104896 NACOLE B HINTON VP, HR & ADMINISTRATION 38.00 X 635647 0 93953 ANDREW H LAVANWAY CHIEF EXECUTIVE, CHEMTREC 38.00 X 271458 0 47484 ROBERT J SIMON JR VP, CHEMICAL PRODUCTS & TECHNOLOGY 37.00 1.00 X 675295 0 100280 JOSHUA BACA VP, PLASTICS 38.00 X 451728 0 44258 BRUCE SAMUELSEN CHIEF EXECUTIVE, CHEMTREC 38.00 X 752447 0 52996 SARAH J BRANDT VP, COMMUNICATIONS 38.00 X 501953 0 64666 VASILIOS PAPAIOANNOU MANAGING DIR & CONTROLLER, FIN & ACC 38.00 X 347216 0 68375 MITCHELL TOOMEY VP, SUSTAINABILITY & RESPONSIBILITY 38.00 X 589100 0 92629 RALPH R UNDERWOOD VP, STATE AFFAIRS 38.00 X 534543 0 133739 KIMBERLY WISE WHITE VP, REG AND SCIENTIFIC AFFAIRS 38.00 X 702367 0 71997 CALVIN MILLARD DOOLEY FORMER PRESIDENT & CEO 38.00 X 483261 0 0 11508111 0 1290935 189 1 1 0 BCW LLC 200 FIFTH AVENUE NEW YORK NY 10010 CONSULTING 29506539 DOW CHEMICAL COMPANY 1 EAST MAIN STREET BAY CITY MI 48708 RESEARCH 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5319310 F 66568.589-ISHARES S&P 500 INDEX FD CL G (BSPGX) 37201190 F 52692710 OTHER ASSETS 117978 DEFERRED COMPENSATION 4877785 RIGHT-OF-USE LEASE ASSETS, NET 11175886 16171649 DEFERRED COMPENSATION 4877785 LEASE LIABILITIES, NET 15240992 20118777 X 185720502 13482521 492020 13974541 171745961 235607 8774410 9010017 180755978 176851542 -5961938 -5961938 182813480 235607 1067687 1303294 184116774 PART X, LINE 2: THERE WAS NO NET TAX LIABILITY FOR UNRELATED BUSINESS INCOME TAX FOR THE YEAR ENDED DECEMBER 31, 2023. MANAGEMENT HAS EVALUATED THE COUNCIL'S TAX POSITIONS AND HAS CONCLUDED THAT THE COUNCIL HAS TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE DISCLOSURE. PART XI, LINE 2D - OTHER ADJUSTMENTS: AFFILIATE INCOME INCLUDED IN CONSOLIDATED FINANCIAL STATEMENT 492,020. PART XI, LINE 4B - OTHER ADJUSTMENTS: CHEMICAL PRODUCTS & TECHNOLOGY DIVISION REVENUE 7,706,723. SEPARATE PROGRAMS INCLUDED IN LINE 2, PART VIII, PG 10 1,067,687. PART XII, LINE 2D - OTHER ADJUSTMENTS: AFFILIATE EXPENSES INCLUDED IN CONSOLIDATED FINANCIAL STATEMENT 1,744,785. CHEMICAL PRODUCTS & TECHNOLOGY DIVISION REVENUE -7,706,723. PART XII, LINE 4B - OTHER ADJUSTMENTS: SEPARATE PROGRAMS INCLUDED IN LINE 2, PART VIII, PG 10 1,067,687. 1 EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICES ADVOCACY/ADMIN SUPPORT 699343 EUROPE (INCLUDING ICELAND & GREENLAND) 1 6 PROGRAM SERVICES ADVOCACY/ADMIN SUPPORT 2888428 NORTH AMERICA 0 0 PROGRAM SERVICES ADVOCACY/ADMIN SUPPORT 1329158 SOUTH AMERICA 0 1 PROGRAM SERVICES ADVOCACY/ADMIN SUPPORT 175718 SOUTH ASIA 0 0 PROGRAM SERVICES ADVOCACY/ADMIN SUPPORT 196719 SUB-SAHARAN AFRICA 0 0 PROGRAM SERVICES ADVOCACY/ADMIN SUPPORT 1115 CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENT 2881518 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 SPONSORSHIPS 100000 NORTH AMERICA 0 0 SPONSORSHIPS 21877 SOUTH ASIA 0 0 SPONSORSHIPS 11339 EAST ASIA AND THE PACIFIC 0 0 CONTRIBUTION 63000 1 7 0 0 1 7 8271999 96216 8368215 EAST ASIA AND THE PACIFIC SUPPLEMENT STUDENTS' SCHOLARSHIPS AND TO PURCHASE THE MOST URGENT EQUIPMENT ITEMS 63000 0 SOUTH ASIA ICC SUSTAINABILITY CONCLAVE GOLD SPONSORSHIP 11339 0 EUROPE (INCLUDING ICELAND & GREENLAND) OECD 2023 CONTRIBUTION 10000 0 EUROPE (INCLUDING ICELAND & GREENLAND) SPONSORSHIP PACKAGE EVENT 90000 0 NORTH AMERICA SPONSORSHIP ON ALTERNATIVES AND ANIMAL USE IN THE LIFE SCIENCES 21877 0 2 3 0 0 0 0 0 0 PART I, LINE 2: AMERICAN CHEMISTRY COUNCIL IS NOT A GRANT-MAKING ORGANIZATION. AMERICAN CHEMISTRY COUNCIL PROVIDED OTHER ASSISTANCE TO VARIOUS ORGANIZATIONS. 1 AIHA GUIDELINE FOUNDATION 3141 FAIRVEIW PARK DRIVE FALLS CHURCH VA 22042 264795853 501(C)(3) 10000 0 GENERAL OPERATING SUPPORT AMERICAN INSTITUTE OF CHEMICAL ENGINEERS 120 WALL STREET 23 FL NEW YORK NY 10005 131623892 501(C)(3) 60000 0 FUTURE STEM SCHOLARS INITIATIVE APPLIED BUILDING TECHNOLOGY GROUP LLC 6300 ENTERPRICE LANE MADISON WI 53719 461908053 245000 0 SUPPORT MARKET OUTREACH AND EDUCATION INITIATIVES ASAE 1575 I STREET NW WASHINGTON DC 20005 530026940 501(C)(6) 12000 0 SPONSORSHIP CHEMICAL MARKETING AND ECONOMICS INC 3322 HIGHWAY 22 WEST SUITE BRANCHBURG NJ 08876 834570040 501(C)(3) 10000 0 SPONSORSHIP FOR CME STEM LEADERSHIP AWARDS COLLEGE FOR CREATIVE STUDIES 201 EAST KIRBY DETROIT MI 48202 381550064 501(C)(3) 50000 0 GENERAL OPERATING SUPPORT ENGINEERS WITHOUT BORDERS USA 1031 33RD STREET DENVER CO 80205 841589324 501(C)(3) 200000 0 SUPPORT PROJECTS THAT HELP LOW INCOME, MINORITY, AND UNDERSERVED COMMUNITIES IN THE UNITED STATES ADDRESS VITAL INFRASTRUCTURE NEEDS THAT IMPACT EVERYTHING FROM HEALTH AND SAFETY TO EDUCATION FOUNDATION FOR CHEMISTRY RESEARCH AND INITIATIVE 700 SECOND STREET WASHINGTON DC 20002 521945222 501(C)(3) 602000 0 RESEARCH SUPPORT GREENWOOD CEMETERY PRESERVATION ASSOCIATION 9666 LA JOLLA DR OLIVETTE MD 63132 811330876 501(C)(3) 150000 0 ROAD RESTORATION PROJECT. HOOPS FOR YOUTH FOUNDATION 10340 DEMOCRACY LANE SUITE 30 FAIRFAX VA 22030 261525269 501(C)(3) 10000 0 SUPPORT OF ITS WORK WITH AT-RISK YOUTHS IN OUR COMMUNITIES INSTITUTE FOR MARKET TRANSFORMATION 1707 L STREET NW SUITE WASHINGTON DC 20036 943241464 501(C)(3) 65000 0 SUPPORT OF THE ENERGY EFFICIENT CODES COALITION PROGRAM NORTH AMERICAN INSULATION MANUFACTURERS ASSOCIATION 11 CANAL CENTER PLAZA SUITE ALEXANDRIA VA 22314 131087340 501(C)(6) 14000 0 SUPPORT OF THE DISCRETE PROJECT TO CAPTURE AND ANALYZE DATA PHASE II SCIENCE 20 CORP 705-2 EAST BIDWELL STREET 170 FOLSOM CA 95630 854959054 501(C)(3) 10000 0 GENERAL OPERATING SUPPORT SOCIETY OF CHEMICAL INDUSTRY 315 CHESTNUT ST PHILADELPHIA PA 19106 046208990 501(C)(6) 7500 0 SPONSORSHIP SOCIETY OF ENVIRONMENTAL TOXICOLOGY & CHEMISTRY 229 S BAYLEN ST 2ND FL PENSACOLA FL 32502 371482800 501(C)(3) 10000 0 SPONSORSHIP UNITED STATES ASSOCIATION FOR ENERGY ECONOMICS 11WMONUMENTAVE510 DAYTON OH 45402 341755274 501(C)(6) 7500 0 SPONSORSHIP UNIVERSITY OF DAYTON RESEARCH INSTITUTE 300 COLLEGE PARK DAYTON OH 45469 310536715 501(C)(3) 12084 0 SPONSORSHIP UNIVERSITY OF TENNESSEE 505 SUMMER PLACE KNOXVILLE TN 37902 626001636 501(C)(3) 6000 0 SPONSORSHIP 13 5 PART I, LINE 2: AMERICAN CHEMISTRY COUNCIL IS NOT A GRANT-MAKING ORGANIZATION. AMERICAN CHEMISTRY COUNCIL PROVIDED OTHER ASSISTANCE TO VARIOUS ORGANIZATIONS. X X 1 1 X X X X X 1 1 0 CHRISTOPHER L JAHN PRESIDENT AND CEO 1991127 0 1200000 0 323337 0 211800 0 41784 0 3768048 0 273732 0 ROSS E EISENBERG VP, PLASTICS 545875 0 221000 0 1345 0 66162 0 38734 0 873116 0 0 0 BRUCE SAMUELSEN CHIEF EXECUTIVE, CHEMTREC 292899 0 0 0 459548 0 35563 0 18080 0 806090 0 0 0 KIMBERLY WISE WHITE VP, REG AND SCIENTIFIC AFFAIRS 500272 0 200750 0 1345 0 61941 0 14850 0 779158 0 0 0 ROBERT J SIMON JR VP, CHEMICAL PRODUCTS & TECHNOLOGY 487028 0 185250 0 3017 0 60546 0 39734 0 775575 0 0 0 JOSEPH YATES PARKER III CFO, CAO, TREASURER 443678 0 189750 0 3717 0 58275 0 40734 0 736154 0 0 0 NACOLE B HINTON VP, HR & ADMINISTRATION 444030 0 189500 0 2117 0 58230 0 35723 0 729600 0 0 0 ALLISON W STARMANN GEN. COUNSEL, CORPORATE SECRETARY 450000 0 191250 0 2017 0 58275 0 4794 0 706336 0 0 0 MITCHELL TOOMEY VP, SUSTAINABILITY & RESPONSIBILITY 417098 0 170000 0 2002 0 55500 0 37129 0 681729 0 0 0 RALPH R UNDERWOOD VP, STATE AFFAIRS 373852 0 151500 0 9191 0 104569 0 29170 0 668282 0 0 0 SARAH J BRANDT VP, COMMUNICATIONS 345172 0 156000 0 781 0 49950 0 14716 0 566619 0 0 0 JOSHUA BACA VP, PLASTICS 224490 0 0 0 227238 0 27288 0 19367 0 498383 0 13311 0 CALVIN MILLARD DOOLEY FORMER PRESIDENT & CEO 0 0 0 0 483261 0 0 0 0 0 483261 0 483261 0 VASILIOS PAPAIOANNOU MANAGING DIR & CONTROLLER, FIN & ACC 305404 0 40250 0 1562 0 40683 0 27692 0 415591 0 0 0 ANDREW H LAVANWAY CHIEF EXECUTIVE, CHEMTREC 190641 0 80000 0 817 0 27358 0 20126 0 318942 0 0 0 PART I, LINE 1A JAHN, PRESIDENT AND CEO RECEIVED TAXABLE COMPANION TRAVEL FOR $28,556. PART I, LINES 4A-B FOLLOWING EMPLOYEES RECEIVED A SEVERANCE PAYMENTS: JOSHUA BACA - $213,465 BRUCE SAMUELSEN - $456,563 FOLLOWING ARE THE EMPLOYEES WITH DEFERRALS INTO THE SUPPLEMENTAL RETIREMENT PLAN 457(F): ROSS EISENBERG - $4,062 CHRISTOPHER JAHN - $149,700 RALPH UNDERWOOD - $38,569 FOLLOWING ARE EMPLOYEES THAT RECEIVED A DISBURSEMENT FROM THE SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN - 457(F): CALVIN DOOLEY - $483,261 CHRISTOPHER JAHN - $273,732 FORM 990, PART VI, SECTION A, LINE 6 ACC HAS APPROXIMATELY 160 MEMBER COMPANIES THAT EITHER PRODUCE OR SELL PRODUCTS OF CHEMISTRY IN THE UNITED STATES OR ABROAD. FORM 990, PART VI, SECTION A, LINE 7A ACC'S MEMBERS ELECT ITS BOARD OF DIRECTORS AT AN ANNUAL MEETING. FORM 990, PART VI, SECTION A, LINE 7B BYLAW AMENDMENTS THAT SUBSTANTIALLY CHANGE ANY EXISTING BYLAW PROVISIONS MUST BE APPROVED BY TWO-THIRDS OF THE MEMBERS PRESENT AT AN ANNUAL OR SPECIALLY-CALLED MEETING. FORM 990, PART VI, SECTION B, LINE 11B IN ACCORDANCE WITH THE COUNCIL'S BOARD-APPROVED RESOLUTION, THE 2023 IRS FORM 990 WAS REVIEWED BY THE ACC BOARD FINANCE, AUDIT, AND MEMBERSHIP COMMITTEE. THE BOARD FINANCE, AUDIT, AND MEMBERSHIP COMMITTEE WAS PROVIDED AN ELECTRONIC COPY OF THE FORM 990 FOR REVIEW NO LESS THAN 4 DAYS PRIOR TO THE FILING DEADLINE AND ANY COMMENTS WERE RESOLVED TO EFFECT A TIMELY FILING OF THE FORM 990. FORM 990, PART VI, SECTION B, LINE 12C EACH DIRECTOR, OFFICER, AND EMPLOYEE OF ACC IS TO ANNUALLY SUBMIT A DISCLOSURE STATEMENT, PROVIDED BY ACC, LISTING ALL ORGANIZATIONS WITH WHICH HE OR SHE IS "AFFILIATED" (AS DEFINED IN THE CONFLICT OF-INTEREST POLICY) DESCRIBING THE NATURE OF THE AFFILIATION, AND INDICATING WHETHER HE OR SHE HAS OR MAY HAVE A CONFLICT-OF-INTEREST INVOLVING ANY ACC FINANCIAL TRANSACTION. IN THE EVENT THERE IS A CHANGE IN THE INFORMATION IN THE DISCLOSURE STATEMENT, THE PERSON SUBMITTING IT IS TO PROMPTLY SUBMIT WRITTEN NOTIFICATION OF THE CHANGE. THE CHAIRMAN OF THE BOARD AND THE PRESIDENT AND CEO SHALL BE RESPONSIBLE FOR THE ADMINISTRATION OF THIS POLICY. ALL DISCLOSURES REQUIRED UNDER THIS POLICY SHALL BE PROVIDED TO THE ACC PRESIDENT AND CEO. ISSUES ARISING UNDER THIS POLICY SHALL BE REFERRED INITIALLY TO THE PRESIDENT AND CEO. INFORMATION DISCLOSED UNDER THIS POLICY WILL BE HELD IN CONFIDENCE BY THE CHAIRMAN OF THE BOARD AND THE PRESIDENT AND CEO AND BY THOSE PERSONS THEY AUTHORIZE TO RECEIVE IT WHERE THE BEST INTERESTS OF THE ASSOCIATION REQUIRES FURTHER DISCLOSURE. THIS REVIEW PROCESS WILL BE REPORTED ANNUALLY TO THE BOARD BY THE CHAIRMAN. A DIRECTOR WHO HAS DECLARED OR HAS BEEN FOUND TO HAVE A CONFLICT-OF-INTEREST IN ANY PROPOSED TRANSACTION OR OTHER MATTER IS TO REFRAIN FROM PARTICIPATING IN CONSIDERATION OF THE PROPOSED TRANSACTION OR OTHER MATTER INCLUDING NOT VOTING ON THE MATTER IN QUESTION, AND IF SO REQUESTED BY THE CHAIRMAN OR ANY OTHER DIRECTOR NOT BEING PRESENT AT THE TIME OF THE VOTE, WITH RESPECT TO RESTRAINT ON PARTICIPATION BY EMPLOYEES THE PRESIDENT AND CEO IS TO TAKE SUCH ACTION AS IS NECESSARY TO ENSURE THAT THE TRANSACTION OR OTHER MATTER IS COMPLETED IN THE BEST INTERESTS OF ACC WITHOUT THE INVOLVEMENT OF THE PERSON WHO HAS THE CONFLICT-OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 THE ACC COMPENSATION COMMITTEE IS COMPRISED OF THE ACC OFFICERS. THE COMPENSATION COMMITTEE REVIEWS THE PERFORMANCE AND SETS THE ANNUAL COMPENSATION OF THE ACC PRESIDENT AND CEO PURSUANT TO AGREED UPON CONTRACTUAL TERMS. THE COMPENSATION COMMITTEE ALSO REVIEWS AND APPROVES THE ANNUAL COMPENSATION AS RECOMMENDED BY THE PRESIDENT AND CEO FOR COVERED INDIVIDUALS. COVERED INDIVIDUALS CONSIST OF CHIEF EMPLOYED EXECUTIVES, OFFICERS, VICE PRESIDENTS AND MANAGING DIRECTORS AS APPOINTED TO THE SENIOR STAFF TEAM BY THE PRESIDENT AND CEO. IN 2022, THE COMPENSATION COMMITTEE REVIEWED PERFORMANCE, AWARDED THE BONUS, AND APPROVED THE 2023 BASE COMPENSATION FOR THE PRESIDENT AND CEO. FOR THE REMAINING COVERED INDIVIDUALS, THE PRESIDENT AND CEO RECOMMENDED BONUSES AND 2023 BASE SALARIES TO THE COMPENSATION COMMITTEE USING A COMPREHENSIVE BENCHMARK STUDY THAT IS PERFORMED ON AN ANNUAL BASIS. THE RECOMMENDATIONS OF THE PRESIDENT AND CEO WERE THEN APPROVED BY THE COMPENSATION COMMITTEE AT ITS NOVEMBER 2022 MEETING. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION DOES NOT MAKE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY OR FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC, EXCEPT TO THE EXTENT REQUIRED BY LAW. FORM 990, PART IX, LINE 11G CONSULTING 59,477,253. AGENCY TEMPS 32,102. OTHER PROFESSIONAL FEES 1,427,165. HONORARIUM 69,084. CHEMTREC 3130 FAIRVIEW PARK DRIVE FALLS CHURCH VA 220424513 530104410 EMERGENCY RESPONSE INFORMATION PROVIDER VA 19050985 11108655 AMERICAN CHEMISTRY COUNCIL FOUNDATION FOR RESEARCH AND CHEMISTRY INITIATIVES 700 2ND STREET NE WASHINGTON DC 20002 521945222 RESEARCH VA 501(C)(3) LINE 12B, II AMERICAN CHEMISTRY COUNCIL 1 AMERICAN CHEMISTRY COUNCIL POLITICAL ACTION COMMITTEE 700 2ND STREET NE WASHINGTON DC 20002 364912955 POLITICAL ACTIVITIES VA 527 AMERICAN CHEMISTRY COUNCIL 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 FOUNDATION FOR RESEARCH AND CHEMISTRY INITIATIVES B 602000 CASH