2015-08-05T10:45:42-05:00 2014-12-31 113518842 MARKS PANETH LLP 685 THIRD AVENUE NEW YORK NY 10017 990 2014-01-01 131623892 AMERICAN INSTITUTE OF CHEMICAL ENGINEERS AMER 8002424363 120 WALL STREET 23RD FLOOR NEW YORK NY 10005 JUNE WISPELWEY EXECUTIVE DIRECTOR 8002424363 2015-08-05 1 LYONS ROBERT P00227472 2125038800 2014 2016-02-25 16:41:14Z JUNE WISPELWEY 120 WALL STREET 23RD FLOOR NEW YORK NY 10005 28737378 0 X WWW.AICHE.ORG X 1908 NY TO ADVANCE CHEMICAL ENGINEERING IN THEORY AND PRACTICE, TO MEET THE NEEDS OF CHEMICAL ENGINEERS FOR INFORMATION, KNOWLEDGE, AND PROFESSIONAL COMMUNICATION AND TO SERVE SOCIETY, PARTICULARLY WHERE CHEMICAL ENGINEERING CAN CONTRIBUTE TO THE PUBLIC INTEREST. 17 16 105 1000 757234 0 4971357 1616448 15470697 21472905 3754267 3265686 2256104 2329930 26452425 28684969 18000 244362 0 0 10662319 11517804 69640 65916 1119886 11169364 13510659 21919323 25338741 4533102 3346228 27801678 29445643 9850145 11519305 17951533 17926338 X TO ADVANCE CHEMICAL ENGINEERING IN THEORY AND PRACTICE, TO MEET THE NEEDS OF CHEMICAL ENGINEERS FOR INFORMATION, KNOWLEDGE, AND PROFESSIONAL COMMUNICATION AND TO SERVE SOCIETY, PARTICULARLY WHERE CHEMICAL ENGINEERING CAN CONTRIBUTE TO THE PUBLIC INTEREST. 0 0 6619140 20125 6753804 INDUSTRY TECHNOLOGY GROUPS - TO ALLOW INDUSTRY, ACADEMIA AND GOVERNMENT REPRESENTATIVES TO COLLABORATE AND LEVERAGE RESOURCES FOR RESEARCH TECHNOLOGY TRANSFER AND OTHER ACTIVITIES. THE ABOVE REVENUE EXCLUDES REVENUES FROM CHARITABLE CONTRIBUTIONS AND GRANTS OF $301,330 REPORTED IN PART VIII, LINE 1 AND EXCLUDES ROYALTIES OF $563,564 REPORTED IN PART VIII, LINE 5. 3295609 80235 4360242 MEMBERSHIP - TO PROVIDE A FOUNDATION FOR AICHE MEMBERS TO KEEP CURRENT, CONNECTED, AND SECURE THROUGHOUT THEIR CAREERS. AICHE PRODUCES A JOURNAL (CHEMICAL ENGINEERING PROGRESS) WHICH PROVIDES ESSENTIAL TECHNICAL AND PROFESSIONAL INFORMATION TO PRACTICING CHEMICAL ENGINEERS. THE ABOVE REVENUE EXCLUDES REVENUES FROM CHARITABLE CONTRIBUTIONS AND GRANTS OF $180,595 REPORTED IN PART VIII, LINE 1. 3733097 3296 6143618 MEETINGS & TECHNICAL PROGRAMMING - TO CONDUCT TECHNICAL MEETINGS, CONFERENCES, AND EXHIBITS IN VARIOUS LOCATIONS IN ORDER TO PROMOTE OPEN EXCHANGE OF CHEMICAL ENGINEERING CONCEPTS. THE ABOVE REVENUE EXCLUDES ROYALTIES OF $3,009 REPORTED IN PART VIII, LINE 5. 2302552 1048111 PUBLICATIONS - TO PUBLISH A VARIETY OF PERIODICALS, BOOKS AND OTHER MATERIALS ON CHEMICAL ENGINEERING AND RELATED TOPICS FOR DISTRIBUTION TO THE GENERAL PUBLIC. THE ABOVE REVENUE EXCLUDES ROYALTIES OF $1,282,112 REPORTED IN PART VIII, LINE 5 AND EXCLUDES ADVERTISING REVENUES OF $757,234 REPORTED IN PART VIII, LINE 2E. 189277 12228 FINANCIAL SERVICES - TO ASSIST AICHE MEMBERS' EFFORTS TO ACHIEVE FINANCIAL SECURITY BY PROVIDING THEM WITH A SELECTION OF FINANCIAL SERVICES AND KEEPING TRACK OF ALL FINANCIAL RELATED BENEFITS. THE ABOVE REVENUE EXCLUDES DIVIDENDS OF $240,000 REPORTED IN PART VIII, LINE 3 AND EXCLUDES ROYALTIES OF $481,245 REPORTED IN PART VIII, LINE 5. 1194570 140706 374695 OTHER PROGRAM SUPPORT - TO SUPPORT CERTAIN OPERATIONS DECIDED BY THE BOARD OF DIRECTORS FROM SURPLUSES FROM SELF-SUPPORTING OPERATIONS, OTHER OPERATING REVENUES, AND A PORTION OF INVESTMENT RETURN. THE ABOVE REVENUE EXCLUDES REVENUES FROM CHARITABLE CONTRIBUTIONS AND GRANTS OF $29,138 REPORTED IN PART VIII, LINE 1. 3040797 2780207 EDUCATION SERVICES - TO PROVIDE SEMINARS AND COURSES TO THE GENERAL PUBLIC WHICH PROVIDES EDUCATIONAL OPPORTUNITIES RELATED TO CHEMICAL ENGINEERING. THE ABOVE REVENUE EXCLUDES DIVIDENDS OF $200,000 REPORTED IN PART VIII. 6727196 140706 4215241 20375042 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 0 0 1 1 0 0 1 1 0 0 0 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 1 153 0 105 1 1 1 1 SN 0 0 0 1 1 0 0 0 0 X 17 16 0 0 0 0 1 1 1 1 1 0 1 1 1 1 1 1 1 1 1 1 0 NY X LUCIA MATTHEW 6464951355 120 WALL STREET NEW YORK NY 100054020 OTIS A SHELTON PRESIDENT 21.00 X X 0 0 0 CHERYL I TEICH PRESIDENT-ELECT 5.00 X X 0 0 0 CHRISTINE SEYMOUR SECRETARY 5.00 X X 0 0 0 E DENNIS GRIFFITH TREASURER 5.00 X X 0 0 0 PHILLIP R WESTMORELAND PAST PRESIDENT 13.00 X X 0 0 0 TIM ANDERSON DIRECTOR 2.00 X 0 0 0 JOHN F CIRUCCI DIRECTOR 3.00 X 0 0 0 THOMAS F DEGNAN JR DIRECTOR 3.00 X 0 0 0 JOHN G EKERDT DIRECTOR 1.00 X 0 0 0 PAULA T HAMMOND DIRECTOR 3.00 X 0 0 0 JOHN W JACK HIPPLE DIRECTOR 4.00 X 40080 0 0 ANNETTE A JOHNSTON DIRECTOR 3.00 X 0 0 0 DANIEL P LAMBERT DIRECTOR 4.00 X 0 0 0 JOSEPH D SMITH DIRECTOR 3.00 X 0 0 0 DIANE K SPENCER DIRECTOR 3.00 X 0 0 0 LEVI T THOMPSON JR DIRECTOR 3.00 X 0 0 0 ROSEMARIE D WESSON DIRECTOR 5.00 X 0 0 0 JUNE C WISPELWEY EXECUTIVE DIRECTOR 40.00 X 390158 0 70809 RICK CAIN DIRECTOR, FINANCE 40.00 X 252561 0 78925 ELIZABETH LAWLER DIRECTOR, OPERATIONS 40.00 X 248749 0 81296 STEPHEN SMITH DIRECTOR, PUBLICATIONS, COMMUNICATIONS & SALES 40.00 X 239375 0 159245 SCOTT BERGER DIR. CCPS AND CHEMICALS 40.00 X 231167 0 90556 CATHY DIANA DIR., HR, FOUNDATION & OFFICE SVCS. 32.00 X 173642 0 92884 LOUISA NARA CCPS TECHNICAL DIRECTOR 40.00 X 179334 0 45740 KRISTINE CHIN DIRECTOR OF CONFERENCES 40.00 X 167259 0 72155 AMIT GUPTA CHIEF INFORMATION OFFICER 40.00 X 187331 0 25371 DORIS DEUTSCH GLOBAL SALES MANAGER, ADVERTISING 40.00 X 168805 0 34792 2278461 0 751773 24 0 1 0 FREEMAN AUDIO VISUAL INC PO BOX 650519 DALLAS TX 752650519 AUDIO VISUAL 578976 IT CONUNDRUMS INC 3880 E RAVENSWOOD DRIVE GILBERT AZ 85298 IT SUPPORT 429182 BRIGHAM YOUNG UNIVERSITY PO BOX 21128 PROVO UT 846021128 PROJECT RESEARCH 369050 REGENTS OF THE UNIVERSITY OF MINNESOTA NW 5960 PO BOX 1450 MINNEAPOLIS MN 554855960 PROJECT RESEARCH 305862 PERSONIFY INC PO BOX 759470 BALTIMORE MD 212759470 DATABASE MANAGEMENT 241350 14 279882 300626 1035940 26237 1616448 IND. TECH. GROUPS 541900 6753804 6753804 MEETINGS & TECH. PROG. 541900 6143618 6143618 MEMBERSHIP DUES 541900 4360242 4360242 EDUCATIONAL SERVICES 611430 2780207 2780207 ADVERTISING 541800 757234 757234 677800 677800 21472905 1019439 1019439 2329930 2329930 2246247 0 2246247 2246247 2246247 52409 279882 52409 0 28684969 20715671 757234 5595616 X 244362 244362 1490849 894380 596469 7859698 6539774 1084476 235448 409056 295139 99693 14224 1234847 924074 275655 35118 523354 387282 125605 10467 55326 3981 51345 41975 41975 65916 65916 55889 55889 2831380 2566048 229420 35912 708806 638782 70024 723737 665650 47734 10353 347466 347466 249761 249761 656575 153314 499543 3718 1287557 1183197 90448 13912 2366060 2271454 15335 79271 382684 282082 100602 130251 130251 MISCELLANEOUS AND DUES 1541911 732300 293385 516226 EQUIPMENT RENTAL 983013 951559 20961 10493 PRINTING & PUBLICATIONS 566065 546254 1007 18804 BANK/CREDIT CARD FEES 362661 326798 35863 219542 171385 48157 25338741 20375042 3843813 1119886 3346663 2818907 8024 507 42988 272165 2366297 2712779 330419 329799 2797586 516647 2022852 2280939 19684435 21030547 27801678 29445643 5088984 6510056 4761161 5009249 9850145 11519305 X 16712315 16160852 471676 631826 767542 1133660 17951533 17926338 27801678 29445643 X 3346228 -1970051 -1401372 X 0 1 X 1 0 X 4150483 4408028 3835506 4971357 1616448 18981822 10822280 11458531 12140074 14553393 20715671 69689949 14972763 15866559 15975580 19524750 22332119 88671771 0 0 0 88671771 2314150 2084722 3210724 3073900 3349369 14032865 2314150 2084722 3210724 3073900 3349369 14032865 17286913 17951281 19186304 22598650 25681488 102704636 0.86340 0.86390 0.13660 0.13420 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 956492 366118 33720 198617 1157713 1944216 49000 55225 1091949 956492 1670339 119367 154510 1944216 1660734 9605 1670339 2689264 -976998 51532 1660734 0.00000 0.98000 0.02000 0 0 118801 11286 107515 2230846 450094 1780752 447939 55267 392672 2280939 X 28681489 52409 52409 28629080 55889 55889 28684969 28706684 3423832 3423832 25282852 55889 55889 25338741 PART V, LINE 4: EARNINGS FROM PERMANENTLY RESTRICTED ENDOWMENTS ARE INTENDED TO BE USED TO ADVANCE PROGRAMS IN THE FOLLOWING AREAS: 1) EDUCATIONAL AND PROFESSIONAL DEVELOPMENT, 2) PUBLIC AND GOVERNMENT OUTREACH AND OTHER, AND 3) AWARD PROGRAMS FOR SCHOLASTIC ACHIEVEMENT. PART X, LINE 2: SCHEDULE D, PART X, LINE 2 - EXPLANATION FOR UNCERTAIN TAX POSITIONS UNDER FIN 48: AICHE HAD NO UNCERTAIN TAX POSITIONS AS OF DECEMBER 31, 2014 AND 2013 IN ACCORDANCE WITH ACCOUNTING STANDARDS CODIFICATION ("ASC") TOPIC 740 "INCOME TAXES," WHICH PROVIDES STANDARDS FOR ESTABLISHING AND CLASSIFYING ANY TAX PROVISIONS FOR UNCERTAIN TAX POSITIONS. AICHE IS NO LONGER SUBJECT TO FEDERAL OR STATE AND LOCAL INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS ENDED BEFORE DECEMBER 31, 2011. PART XI, LINE 2D - OTHER ADJUSTMENTS: COSTS OF DIRECT BENEFITS TO DONORS 52,409. PART XII, LINE 2D - OTHER ADJUSTMENTS: COSTS OF DIRECT BENEFITS TO DONORS 52,409. UNREALIZED LOSS ON INVESTMENTS 1,970,051. PENSION RELATED CHANGES OTHER THAN PERIODIC BENEFIT COST 1,206,419. POSTRETIREMENT RELATED CHANGES OTHER THAN PERIODIC BENEFIT COST 194,953. SOUTH ASIA 1 2 PROGRAM SERVICES ORGANIZING & CONDUCTING TRAINING PROGRAMS & SEMINARS/SPEAKING AT CONFERENCES 271266 EUROPE (INCLUDING ICELAND & GREENLAND) 0 1 PROGRAM SERVICES ORGANIZING & CONDUCTING TRAINING PROGRAMS & SEMINARS/SPEAKING AT CONFERENCES 120170 SOUTH AMERICA 0 0 PROGRAM SERVICES ORGANIZING & CONDUCTING TRAINING PROGRAMS & SEMINARS/SPEAKING AT CONFERENCES 330951 NORTH AMERICA 0 0 PROGRAM SERVICES CONFERENCE 706844 EAST ASIA AND THE PACIFIC 1 1 PROGRAM SERVICES ORGANIZING & CONDUCTING TRAINING PROGRAMS & SEMINARS/SPEAKING AT CONFERENCES 166100 MIDDLE EAST AND NORTH AFRICA 0 0 PROGRAM SERVICES ORGANIZING & CONDUCTING TRAINING PROGRAMS & SEMINARS/SPEAKING AT CONFERENCES 32930 CENTRAL AMERICA AND THE CARIBBEAN 0 0 PROGRAM SERVICES ORGANIZING & CONDUCTING TRAINING PROGRAMS & SEMINARS/SPEAKING AT CONFERENCES 37834 2 4 0 0 2 4 1666095 0 1666095 0 0 0 0 0 0 X X 1 PROJECTS PLUS INC 145 WEST 45TH STREET SUITE 300 NEW YORK NY 10036 PLANNING AND DIRECTING OF ANNUAL GALA 0 332291 65916 266375 332291 65916 266375 NY GALA 332291 279882 52409 50016 2393 332291 279882 52409 50016 2393 52409 0 1 SCHOLARSHIPS AND AWARDS TO VARIOUS MEMBERS IN THE FIELD OF CHEMICAL ENGINEERING 263 244362 0 N/A NONE PART I, LINE 2: THE AMERICAN INSTITUTE OF CHEMICAL ENGINEERS ("AICHE") ADMINISTERS SEVERAL AWARDS INCLUDING MONETARY PRIZES, CERTIFICATES, PLAQUES, MEDALS, HONORARIA, SCHOLARSHIPS, TRAVEL AWARDS AND INVITED LECTURES. SEVERAL OF THESE INCLUDE THE FOLLOWING: INSTITUTE AWARDS: (AICHE'S MOST PRESTIGIOUS AWARDS - HONORING EMINENT CHEMICAL ENGINEERS FOR ACCOMPLISHMENTS IN RESEARCH AND EDUCATION, ACHIEVEMENTS IN INDUSTRIAL PRACTICE, CONTRIBUTIONS TO THE PROFESSION, AND SERVICE TO SOCIETY. THESE AWARDS ARE PRESENTED EACH YEAR AT AICHE'S ANNUAL MEETING. BOARD OF DIRECTORS' AWARDS: CLOSELY ASSOCIATED WITH THE INSTITUTE AWARDS, BOARD OF DIRECTORS' AWARDS HONOR MEMBERS FOR LIFETIME CONTRIBUTIONS TO THE PROFESSION AND TO THE INSTITUTE. BOARD OF DIRECTORS' AWARDS ARE PRESENTED AT AICHE'S ANNUAL MEETING. COMMITTEE AWARDS: INSTITUTE COMMITTEES GIVE A WIDE RANGE OF AWARDS TO INDIVIDUALS AND GROUPS FOR MEETING PROGRAM CONTRIBUTIONS, PUBLIC OUTREACH, LEADERSHIP, CONTRIBUTIONS TO ENGINEERING DIVERSITY, AND OTHER ACTIVITIES. TECHNICAL DIVISION & FORUM AWARDS: DIVISION AND FORUM AWARDS HONOR INDIVIDUALS FOR EXCELLENCE IN THEIR TECHNICAL FIELDS. A WIDE RANGE OF FIELDS ARE REPRESENTED LOCAL SECTION AWARDS: LOCAL SECTION AWARDS RECOGNIZE EXCELLENCE IN PUBLIC AFFAIRS INITIATIVES, EDUCATIONAL PROGRAMS, AND OTHER ACCOMPLISHMENTS. STUDENT AWARDS & COMPETITIONS: GRANTED TO INDIVIDUALS AND STUDENT CHAPTERS, THESE AWARDS RECOGNIZE ACADEMIC SKILL AND STUDENT CHAPTER ACHIEVEMENTS. SCHOLARSHIPS AND COMPETITIONS ARE INCLUDED. SOCIETY OF BIOLOGICAL ENGINEERING AWARDS: THE SOCIETY OF BIOLOGICAL ENGINEERING PRESENTS FOUR PRESTIGIOUS AWARDS EVERY YEAR AT AICHE'S ANNUAL MEETING AND OTHER VENUES, INCLUDING THE J. BAILEY AWARD AND D.I.C. WANG AWARD. INTERSOCIETY AND OTHER AWARDS: PRESTIGIOUS NATIONAL AND INTERNATIONAL ENGINEERING AWARDS, CO-SPONSORED AND ADMINISTERED BY OTHER ORGANIZATIONS AND ASSOCIATIONS. AICHE MAINTAINS RECORDS OF ALL ASSISTANCE MADE FROM THE PRE-AWARD / DUE DILIGENCE PHASE WHICH DETERMINES THE SELECTION OF THE AWARDEE TO THE FINAL PRESENTATION. MOST AWARDS ARE MADE POST ACHIEVEMENT. X 1 1 X X X X X 0 0 0 1 0 1 0 0 0 JUNE C WISPELWEY EXECUTIVE DIRECTOR 240832 0 106429 0 42897 0 34151 0 36658 0 460967 0 0 0 RICK CAIN DIRECTOR, FINANCE 164903 0 43074 0 44584 0 36846 0 42079 0 331486 0 0 0 ELIZABETH LAWLER DIRECTOR, OPERATIONS 177688 0 51431 0 19630 0 52606 0 28690 0 330045 0 0 0 STEPHEN SMITH DIRECTOR, PUBLICATIONS, COMMUNICATIO 168365 0 47873 0 23137 0 130994 0 28251 0 398620 0 0 0 SCOTT BERGER DIR. CCPS AND CHEMICALS 169338 0 47200 0 14629 0 47553 0 43003 0 321723 0 0 0 CATHY DIANA DIR., HR, FOUNDATION & OFFICE SVCS. 120316 0 45051 0 8275 0 47404 0 45480 0 266526 0 0 0 LOUISA NARA CCPS TECHNICAL DIRECTOR 125480 0 26348 0 27506 0 21286 0 24454 0 225074 0 0 0 KRISTINE CHIN DIRECTOR OF CONFERENCES 132830 0 13473 0 20956 0 32893 0 39262 0 239414 0 0 0 AMIT GUPTA CHIEF INFORMATION OFFICER 154475 0 15000 0 17856 0 22481 0 2890 0 212702 0 0 0 DORIS DEUTSCH GLOBAL SALES MANAGER, ADVERTISING 36135 0 104290 0 28380 0 16778 0 18014 0 203597 0 0 0 SCHEDULE J, PART I, LINES 1A, 5, 6 AND 7: PART I, QUESTION #1A: THE ORGANIZATION MAKES GROSS-UP PAYMENTS IN TWO AREAS: 1) THE ESTIMATED PERSONAL USAGE VALUE OF ELECTRONIC DEVICES IS ADDED TO INDIVIDUAL INCOME, AND GROSSED UP FOR TAX PURPOSES, AND 2) THE REIMBURSEMENT OF HOTEL AND TRAVEL EXPENSES IS ADDED TO INDIVIDUAL REPORTED INCOME, AND GROSSED UP FOR TAX PURPOSES. PART I, QUESTION #5: THE ORGANIZATION PAID COMPENSATION CONTINGENT ON THE ADVERTISING SALES LEVEL ACHIEVED BY A SALES PERSON. PART I, QUESTION #6: THE ORGANIZATION PAID COMPENSATION CONTINGENT ON THE NET EARNINGS (CHANGE IN NET ASSETS) OF THE ORGANIZATION. PART I, QUESTION #7: THE ORGANIZATION PAID COMPENSATION CONTINGENT ON THE TOTAL NUMBER OF MEMBERS THE ORGANIZATION HAD ENROLLED. JOHN W JACK HIPPLE SEE PART V 40080 SEE PART V 0 SCHEDULE L, PART IV: JACK HIPPLE BECAME A BOARD MEMBER OF AICHE IN 2012. HE IS A PRINCIPAL OF A COMPANY WHICH PROVIDES EDUCATIONAL TRAINING SERVICES TO AICHE. HE HAS BEEN TEACHING TWO COURSES FOR AICHE SINCE 2003, WHICH ARE AMONG AICHE'S BEST SELLERS. DUE TO HIS EXPERTISE ON THE TOPICS, HE IS THE BEST PERSON TO BE INSTRUCTING THESE COURSES. FEES PAID BY AICHE TO THIS COMPANY AMOUNTED TO $40,080 FOR THE YEAR ENDED DECEMBER 31, 2014. X 3 26237 FAIR MARKET VALUE 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS ABOUT 50,000 MEMBERS. THERE ARE NO STOCKHOLDERS. FORM 990, PART VI, SECTION A, LINE 7A THE BOARD OF DIRECTORS, THE ORGANIZATION'S GOVERNING BODY, IS ELECTED BY GENERAL MEMBERSHIP. FORM 990, PART VI, SECTION A, LINE 7B AMENDMENTS TO THE AICHE CONSTITUTION REQUIRE RATIFICATION BY ITS MEMBERSHIP. FORM 990, PART VI, SECTION B, LINE 11 THE DRAFT FORM 990 AND ALL ASSOCIATED SCHEDULES ARE FIRST REVIEWED BY STAFF (EXECUTIVE DIRECTOR, DIRECTOR OF FINANCE AND CONTROLLER). AFTERWARDS, ALL DOCUMENTS ARE EMAILED TO THE ENTIRE BOARD OF DIRECTORS (17 MEMBERS) FOR REVIEW. THEY ARE REQUESTED TO CONFIRM RECEIPT OF THE DOCUMENTS. BOARD MEMBERS THEN REFER ANY QUESTIONS OR COMMENTS TO THE TREASURER AND CHAIR OF THE AUDIT COMMITTEE. THE TREASURER ADDRESSES ISSUES AND COORDINATES MODIFICATIONS AS REQUIRED. THE TREASURER AND CHAIR OF THE AUDIT COMMITTEE THEN GIVE THE FINAL APPROVAL TO THE EXECUTIVE DIRECTOR TO FILE THE FORM 990 (WITH COPY TO THE BOARD). THE DOCUMENTS ARE FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C OFFICERS, DIRECTORS, AND STAFF, INCLUDING ALL KEY EMPLOYEES, REVIEW THE CONFLICT OF INTEREST POLICY ANUALLY AND SIGN A FORM INDICATING THAT THEY UNDERSTAND THE POLICY AND WILL ADHERE TO IT WHILE ENGAGED IN ACTIVITIES WITH AICHE. ALL EXCEPTIONS ARE NOTED AND DESCRIBED. THE CHAIR OF THE AUDIT COMMITTEE REVIEWS ALL FORMS FOR COMPLETENESS AND REVIEWS THE EXCEPTIONS FOR POTENTIAL ISSUES. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION COMMITTEE, WHICH IS THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS PLUS 2 PAST PRESIDENTS, REVIEW THE COMPENSATION OF THE EXECUTIVE DIRECTOR AND KEY EMPLOYEES. AN EXTERNAL COMPENSATION ORGANIZATION IS HIRED TO PERFORM COMPARABILITY STUDIES ON A ROLLING BASIS EVERY 3-4 YEARS. THE COMPENSATION COMMITTEE REVIEWS THE COMPARABILITY REPORT AND APPROVES THE COMPENSATION OF THE EXECUTIVE DIRECTOR. COMPENSATION DECISIONS OF THE COMPENSATION COMMITTEE ARE DOCUMENTED IN A LOGBOOK, APPROVED BY THE SECRETARY AND MAINTAINED BY THE DIRECTOR OF HUMAN RESOURCES. THE COMPENSATION COMMITTEE PROVIDES REPORTS TO THE AICHE BOARD OF DIRECTORS. THE EXECUTIVE DIRECTOR IS RESPONSIBLE FOR SETTING COMPENSATION OF ALL STAFF, INCLUDING KEY EMPLOYEES. THE EXECUTIVE DIRECTOR UTILIZES THIRD PARTY COMPENSATION BENCHMARKING STUDIES TO CONFIRM THAT COMPENSATION IS WITHIN GUIDELINES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S DOCUMENTS ARE AVAILABLE TO THE PUBLIC AS FOLLOWS: 1) GOVERNING DOCUMENTS (CONSTITUTION AND BYLAWS) ARE POSTED ON THE AICHE WEBSITE (WWW.AICHE.ORG) AND CONTAINED WITHIN THE AICHE ACTIVITIES DIRECTORY; 2) CONFLICT OF INTEREST POLICY IS AVAILABLE ON THE WEBSITE; 3) AUDITED FINANCIAL STATEMENTS ARE AVAILABLE BOTH IN SUMMARY AND COMPLETE VERSIONS ON THE WEBSITE, AND ARE PROVIDED ON REQUEST. FORM 990, PART IX, LINE 11G PROJECT CONSULTANTS: PROGRAM SERVICE EXPENSES 331,555. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 331,555. PROJECT RESEARCH: PROGRAM SERVICE EXPENSES 1,620,221. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,620,221. GENERAL CONSULTANT: PROGRAM SERVICE EXPENSES 417,654. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 27,235. TOTAL EXPENSES 444,889. OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 196,618. MANAGEMENT AND GENERAL EXPENSES 229,420. FUNDRAISING EXPENSES 8,677. TOTAL EXPENSES 434,715. FORM 990, PART XI, LINE 9: PENSION RELATED CHANGES OTHER THAN NET PERIODIC PENSION COST -1,206,419. POSTRETIREMENT RELATED CHANGES OTHER THAN NET PERIODIC POSTRETIREMENT COST -194,953.