Chemical Industry Council Of New Jersey
Chemical Industry Council of New Jersey: Stable Finances, Limited Public Transparency
EIN: 222452225 · Trenton, NJ · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $3.0M |
| Total Expenses | $1.7M |
| Program Spending | 70% |
| Net Assets | $3.1M |
| Transparency Score | 65/100 |
Is Chemical Industry Council Of New Jersey Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Chemical Industry Council Of New Jersey directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Chemical Industry Council Of New Jersey
Chemical Industry Council Of New Jersey (EIN: 222452225) is a nonprofit organization based in Trenton, NJ. The organization reported total revenue of $3.0M and total assets of $3.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Chemical Industry Council Of New Jersey's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Chemical Industry Council Of New Jersey is a mid-size nonprofit that has been operating for 43 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 1.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.8M |
| Total Expenses | $1.7M |
| Surplus / Deficit | +$90K |
| Total Assets | $3.5M |
| Total Liabilities | $345K |
| Net Assets | $3.1M |
| Operating Margin | 5.1% |
| Debt-to-Asset Ratio | 9.9% |
| Months of Reserves | 24.7 months |
Financial Health Grade: A
In 2023, Chemical Industry Council Of New Jersey reported a surplus of $90K with revenue exceeding expenses, holds 24.7 months of operating reserves (strong position), has a debt-to-asset ratio of 9.9% (very low leverage).
Financial Trends
Over 14 years of filings (2010–2023), Chemical Industry Council Of New Jersey's revenue has grown at a compound annual growth rate (CAGR) of 1.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +11.4% | +8.0% | +9.7% |
| 2022 | +1.4% | +7.2% | -4.4% |
| 2021 | +16.7% | +4.7% | +9.0% |
| 2020 | -1.0% | -2.6% | +2.6% |
| 2019 | -2.2% | +3.7% | +7.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1983 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Chemical Industry Council Of New Jersey with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Chemical Industry Council Of New Jersey allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $90K, with revenue exceeding expenses.
- Debt-to-asset ratio: 9.9%.
Executive Compensation Analysis
Executive compensation details are not explicitly provided in the summary financial data, making a direct assessment of specific dollar amounts challenging without further investigation into detailed Form 990 filings.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Chemical Industry Council Of New Jersey's IRS 990 filings:
- Lack of detailed program spending information in provided data makes it hard to evaluate the effectiveness of funds.
- Limited public transparency regarding specific initiatives and outcomes beyond general industry advocacy.
Strengths
The following positive indicators were identified for Chemical Industry Council Of New Jersey:
- Consistent revenue and asset growth over the past several years, indicating financial stability.
- Positive net assets, with assets exceeding liabilities, suggesting sound financial management.
Frequently Asked Questions about Chemical Industry Council Of New Jersey
Is Chemical Industry Council Of New Jersey a legitimate charity?
Chemical Industry Council Of New Jersey (EIN: 222452225) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 65/100. It has 14 years of IRS 990 filings on record. Total revenue: $3.0M. 2 red flags identified. 2 strengths noted. Financial health grade: A.
How does Chemical Industry Council Of New Jersey spend its money?
Chemical Industry Council Of New Jersey directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to Chemical Industry Council Of New Jersey tax-deductible?
Chemical Industry Council Of New Jersey is registered as a tax-exempt nonprofit (EIN: 222452225). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Chemical Industry Council Of New Jersey's spending goes to programs?
Chemical Industry Council Of New Jersey directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
Where is Chemical Industry Council Of New Jersey located?
Chemical Industry Council Of New Jersey is headquartered in Trenton, New Jersey and files with the IRS under EIN 222452225.
How many years of IRS 990 filings does Chemical Industry Council Of New Jersey have?
Chemical Industry Council Of New Jersey has 14 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $3.0M in total revenue.
What does Chemical Industry Council Of New Jersey do?
Chemical Industry Council Of New Jersey is a nonprofit organization in the Unknown sector, located in Trenton, New Jersey. It is classified under NTEE code Unknown.
How much revenue does Chemical Industry Council Of New Jersey have?
Chemical Industry Council Of New Jersey reported total revenue of $3,009,185. Based on 14 IRS 990 filings on record.
What are Chemical Industry Council Of New Jersey's total assets?
Chemical Industry Council Of New Jersey holds total assets of $3,732,603 as reported in IRS 990 filings.
Where is Chemical Industry Council Of New Jersey located?
Chemical Industry Council Of New Jersey is based in Trenton, New Jersey.
What is Chemical Industry Council Of New Jersey's EIN?
Chemical Industry Council Of New Jersey's Employer Identification Number (EIN) is 222452225. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Chemical Industry Council Of New Jersey?
Chemical Industry Council Of New Jersey is classified under NTEE code Unknown (Unknown).
Is Chemical Industry Council Of New Jersey a registered 501(c)(3)?
Chemical Industry Council Of New Jersey appears in IRS records (EIN: 222452225). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Chemical Industry Council Of New Jersey file IRS Form 990?
Yes, Chemical Industry Council Of New Jersey has 14 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Chemical Industry Council Of New Jersey's revenue in 2023?
In the 202312 filing period, Chemical Industry Council Of New Jersey reported total revenue of $1,787,117, total expenses of $1,696,731, and net assets of $3,485,479.
Is Chemical Industry Council Of New Jersey's revenue growing or declining?
Chemical Industry Council Of New Jersey's revenue is growing. Revenue went from $1,604,752 (202212) to $1,787,117 (202312), a +11.4% change. Based on 14 filings on record.
What is Chemical Industry Council Of New Jersey's most recent 990 filing?
The most recent IRS Form 990 filing for Chemical Industry Council Of New Jersey covers tax period 202312. It shows revenue of $1,787,117, expenses of $1,696,731, total assets of $3,485,479, and liabilities of $345,137.
How much does Chemical Industry Council Of New Jersey spend on programs vs administration?
Based on IRS 990 analysis, Chemical Industry Council Of New Jersey allocates approximately 70% of expenses to program services, 20% to administrative costs, and 10% to fundraising. Program spending is moderate relative to overhead.
Is Chemical Industry Council Of New Jersey a trustworthy charity?
Based on AI analysis of IRS 990 data, Chemical Industry Council Of New Jersey shows mixed signals. Mission Score: 65/100 (Good). 2 red flags identified. 2 strengths noted.
What are the red flags for Chemical Industry Council Of New Jersey?
The following concerns were identified: Lack of detailed program spending information in provided data makes it hard to evaluate the effectiveness of funds.. Limited public transparency regarding specific initiatives and outcomes beyond general industry advocacy.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Chemical Industry Council Of New Jersey's strengths?
Positive indicators for Chemical Industry Council Of New Jersey include: Consistent revenue and asset growth over the past several years, indicating financial stability.. Positive net assets, with assets exceeding liabilities, suggesting sound financial management.. These findings are derived from AI analysis of the organization's financial filings.
How does Chemical Industry Council Of New Jersey compensate executives?
Executive compensation details are not explicitly provided in the summary financial data, making a direct assessment of specific dollar amounts challenging without further investigation into detailed Form 990 filings. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How does the organization's advocacy translate into measurable benefits for the public or environment, given its industry focus?
While the organization advocates for the chemical industry, the provided data does not detail specific public or environmental benefits derived from their activities, making it difficult to assess broader societal impact.
Filing History
IRS 990 filing history for Chemical Industry Council Of New Jersey showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Chemical Industry Council Of New Jersey's revenue has grown by 17%, moving from $1.5M to $1.8M. Total assets increased by 103.8% over the same period, from $1.7M to $3.5M. Total functional expenses rose by 23.7%, from $1.4M to $1.7M. In its most recent filing year (2023), Chemical Industry Council Of New Jersey reported a surplus of $90K, with revenue exceeding expenses. The organization holds $345K in liabilities against $3.5M in assets (debt-to-asset ratio: 9.9%), resulting in net assets of $3.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.8M | $1.7M | $3.5M | $345K | — | — |
| 2022 | $1.6M | $1.6M | $3.2M | $381K | — | View 990 |
| 2021 | $1.6M | $1.5M | $3.3M | $112K | — | View 990 |
| 2020 | $1.4M | $1.4M | $3.0M | $129K | — | View 990 |
| 2019 | $1.4M | $1.4M | $3.0M | $132K | — | View 990 |
| 2018 | $1.4M | $1.4M | $2.8M | $156K | — | View 990 |
| 2017 | $1.6M | $1.3M | $2.9M | $166K | — | View 990 |
| 2016 | $1.5M | $1.4M | $2.4M | $18K | — | View 990 |
| 2015 | $1.6M | $1.5M | $2.2M | $32K | — | View 990 |
| 2014 | $1.6M | $1.5M | $2.2M | $259K | — | View 990 |
| 2013 | $1.4M | $1.5M | $2.0M | $436K | — | View 990 |
| 2012 | $1.6M | $1.5M | $2.0M | $496K | — | View 990 |
| 2011 | $1.7M | $1.6M | $1.8M | $357K | — | View 990 |
| 2010 | $1.5M | $1.4M | $1.7M | $87K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.8M, expenses of $1.7M, and assets of $3.5M (revenue +11.4% year-over-year).
- 2022: Revenue of $1.6M, expenses of $1.6M, and assets of $3.2M (revenue +1.4% year-over-year).
- 2021: Revenue of $1.6M, expenses of $1.5M, and assets of $3.3M (revenue +16.7% year-over-year).
- 2020: Revenue of $1.4M, expenses of $1.4M, and assets of $3.0M (revenue -1.0% year-over-year).
- 2019: Revenue of $1.4M, expenses of $1.4M, and assets of $3.0M (revenue -2.2% year-over-year).
- 2018: Revenue of $1.4M, expenses of $1.4M, and assets of $2.8M (revenue -10.1% year-over-year).
- 2017: Revenue of $1.6M, expenses of $1.3M, and assets of $2.9M (revenue +2.8% year-over-year).
- 2016: Revenue of $1.5M, expenses of $1.4M, and assets of $2.4M (revenue -3.2% year-over-year).
- 2015: Revenue of $1.6M, expenses of $1.5M, and assets of $2.2M (revenue -0.4% year-over-year).
- 2014: Revenue of $1.6M, expenses of $1.5M, and assets of $2.2M (revenue +11.2% year-over-year).
- 2013: Revenue of $1.4M, expenses of $1.5M, and assets of $2.0M (revenue -9.1% year-over-year).
- 2012: Revenue of $1.6M, expenses of $1.5M, and assets of $2.0M (revenue -7.9% year-over-year).
- 2011: Revenue of $1.7M, expenses of $1.6M, and assets of $1.8M (revenue +10.4% year-over-year).
- 2010: Revenue of $1.5M, expenses of $1.4M, and assets of $1.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Chemical Industry Council Of New Jersey:
Data Sources and Methodology
This transparency report for Chemical Industry Council Of New Jersey is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.