2012-11-15T09:21:38-06:00 2011-12-31 410746749 CLIFTONLARSONALLEN LLP 4250 N FAIRFAX DRIVE SUITE 1020 ARLINGTON VA 22203 990 2011-01-01 132903885 SOCIETY OF CHEMICAL MANUFACTURERS AND AFFILIATES INC SOCI 2027214100 1850 M STREET NW SUITE NO 700 WASHINGTON DC 20036 LAWRENCE SLOAN 2027214100 2012-11-09 1 ROBERT CASEY P00868304 5712279500 2011 2016-02-24 21:20:13Z LAWRENCE SLOAN 1850 M STREET NW SUITE NO 700 WASHINGTON DC 20036 18827172 0 X WWW.SOCMA.ORG X 1977 NY SOCMA WAS INCORPORATED IN 1921 TO SERVE AS THE VOICE OF THE CUSTOM, BATCH AND SPECIALTY CHEMICAL INDUSTRY. A TESTAMENT TO ITS STRENGTH LIES WITH A DIVERSE MEMBERSHIP THAT INCLUDES COMPANIES WHOSE SIZES RANGE FROM SMALL SPECIALTY PRODUCERS TO LARGE MULTINATIONAL CORPORATIONS. SOCMA SPEAKS FOR AND SERVES BATCH, CUSTOM AND SMALL CHEMICAL COMPANIES THAT MAKE PRODUCTS ESSENTIAL TO THE LIFE, HEALTH AND WELL-BEING OF PEOPLE EVERYWHERE. SOCMA PROMOTES INNOVATIVE, SAFE AND ENVIRONMENTALLY RESPONSIBLE OPERATIONS THAT ARE INTERNATIONALLY COMPETITIVE TO A HEALTHY, PRODUCTIVE ECONOMY. 20 20 43 0 119090 -1055 135440 0 3062716 3488488 504984 1379426 498077 415323 4201217 5283237 13140 16200 0 0 2834624 2525393 0 0 0 2701363 3748445 5549127 6290038 -1347910 -1006801 23895177 21384201 2611566 3079202 21283611 18304999 SOCMA SPEAKS FOR & SERVES BATCH, CUSTOM AND SPECIALTY CHEMICAL COMPANIES. IT ACHIEVES ITS MISSION BY ACCELERATING THE POTENTIAL FOR MEMBER GROWTH, INCREASING PUBLIC CONFIDENCE IN THE CHEMICAL INDUSTRY, & POSITIVELY INFLUENCING THE PASSAGE OF RATIONAL LAWS & REGULATIONS. 0 0 GOVERNMENT RELATIONS - PROVIDES REPRESENTATION TO MEMBERS AND AFFILIATES BEFORE GOVERNMENT. MEMBERSHIP/MARKETING - MAINTAINS CURRENT MEMBERS, RECRUITS NEW MEMBERS AND PROVIDES MEMBERSHIP EVENTS THROUGHOUT THE YEAR. ASSOCIATION MANAGEMENT SERVICES (AMS) - PROVIDES PUBLICATIONS AND SERVICES TO SOCMA AFFILIATES. 0 0 0 1 0 0 0 0 0 1 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 14 0 43 1 1 1 0 0 0 0 0 X 20 20 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X FRANCIS SHAFER 2027214100 1850 M STREET NW SUITE NO 700 WASHINGTON DC 20036 LARRY BROTHERTON 2.00 X X 0 0 0 DAVID DECUIR 2.00 X X 0 0 0 DAVID HURDER 2.00 X X 0 0 0 STEEL HUTCHINSON 2.00 X X 0 0 0 CHARLIE HINNANT 2.00 X X 0 0 0 BRIAN DENISON 2.00 X 0 0 0 CHARLES BENNETT 2.00 X 0 0 0 CHARLES GAVIN 2.00 X 0 0 0 CHARLES HINTON 2.00 X 0 0 0 DANA MATHES 2.00 X 0 0 0 ELDON FINK 2.00 X 0 0 0 GRAHAM MERFIELD 2.00 X 0 0 0 MICHAEL OTT 2.00 X 0 0 0 RAINER EISCHEID 2.00 X 0 0 0 ANDY HARRIS 2.00 X 0 0 0 ASLAM MALIK 2.00 X 0 0 0 JEREMY STEINFINK 2.00 X 0 0 0 KENNETH ALLEN 2.00 X 0 0 0 STEPHEN MUNK 2.00 X 0 0 0 SUSAN OTROWSKI 2.00 X 0 0 0 WALTER ADAMS 2.00 X 0 0 0 LARRY SLOAN 37.50 X 201968 0 25506 FRANCIS SHAFER 37.50 X 23677 0 830 PAUL WEILER 37.50 X 33964 0 10203 BILL ALLMOND 37.50 X 115453 0 17965 DOLORES ALONSO 37.50 X 127422 0 13919 TUCKER HELMES 37.50 X 147837 0 24381 CHARLENA PATTERSON 37.50 X 143924 0 20595 794245 0 113399 5 0 1 0 RAFFA 1899 L ST NW SUITE 900 WASHINGTON DC 20036 ACCOUNTING 256122 CONRAD LAW & POLICY COUNSEL 1155 CONNECTICUT AVE NW SUITE 50 WASHINGTON DC 20036 LEGAL 165000 OTT CONSULTING LC 1711 FOREST LANE MCLEAN VA 22101 CONSULTING 108240 3 MEMBERSHIP DUES AND AS 900099 2945145 2945145 MEETINGS AND WORKSHOPS 900099 424253 424253 MANAGEMENT FEES 561000 119090 119090 3488488 477792 477792 342003 342003 52509 0 52509 52509 52509 14445569 13543935 901634 901634 901634 OTHER INCOME 900099 20811 20811 20811 5283237 4323541 119090 840606 16200 259609 1863046 53278 199593 149867 207985 272752 70360 59034 29290 55871 135188 644477 162371 334722 275421 100511 45028 PENSION ADJUSTMENT 702884 CONSULTING 339627 OTHER 209063 EXHIBIT 69245 34616 6290038 3146065 2285383 21605 36390 42722 128790 2114832 1754519 397354 360313 9231014 9043312 11056417 9530013 23895177 21384201 803831 1408470 1119826 994446 687909 676286 2611566 3079202 X 21283611 18304999 21283611 18304999 23895177 21384201 X -1006801 -1971811 X 0 1 1 X 0 0 0 1 2692452 280000 -1137037 -857037 -857037 966699 740004 226695 229575 164353 65222 918558 850162 68396 360313 5884934 F 3124154 F REAL ESTATE 270195 F DEFERRED COMP - 457B PLAN 250730 F 9530013 DEFERRED RENT 425556 DEFERRED COMPENSATION 250730 676286 5283237 6290038 -1006801 -1826811 -145000 -1971811 -2978612 3465452 -1826811 9026 -1817785 5283237 0 5283237 6299064 9026 9026 6290038 0 6290038 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: SOCMA IS EXEMPT FROM THE PAYMENT OF INCOME TAXES ON ITS EXEMPT ACTIVITIES UNDER SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE AND IS SUBJECT TO TAXATION ONLY ON NET UNRELATED BUSINESS INCOME. EXPENSES RELATED TO UNRELATED BUSINESS ACTIVITY EXCEEDED THE INCOME EARNED DURING 2011 AND 2010; THEREFORE, NO PROVISION FOR INCOME TAX IS PROVIDED IN THE ACCOMPANYING FINANCIAL STATEMENTS. SOCMA ADOPTED A POLICY THAT CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ENTITY'S FINANCIAL STATEMENTS. THE POLICY PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT PRINCIPLES FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN ON A TAX RETURN THAT ARE NOT CERTAIN TO BE RECOGNIZED. THE IMPLEMENTATION OF THIS POLICY HAD NO IMPACT ON THE FINANCIAL STATEMENTS. THE TAX RETURNS FOR SOCMA ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL, STATE, AND LOCAL AUTHORITIES. THE TAX RETURNS FOR THE FISCAL YEARS ENDED 2008 TO 2010 ARE OPEN FOR EXAMINATION BY FEDERAL, STATE AND LOCAL AUTHORITIES. PART XI, LINE 8 - OTHER ADJUSTMENTS: MINIMUM PENSION OBLIGATION PAYMENT -145,000. 1 CHEMICAL EDUCATIONAL FOUNDATION 1555 WILSON BLVD SUITE 700 ARLINGTON VA 22209 521780515 501(C)(3) 10200 "YOU BE THE CHEMIST" PROGRAM. PURPOSE IS TO ADVANCE FOUNDATIONS EFFORTS TO FOSTER GREATER UNDERSTANDING OF SCIENCE AND THE VALUE OF CHEMISTRY. 1 0 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: THE ORGANIZATION SELECTS THE RECIPIENTS BASED ON THE SPONSORSHIP FORMS SUBMITTED BY THE GRANTEE ORGANIZATIONS. AFTER THE FUNDS ARE TRANSFERRED TO THE RECIPIENTS THE ORGANIZATION RECEIVES A DETAILED ACKNOWLEDGMENT STATEMENT. X X X 0 0 0 LARRY SLOAN 191528 0 10440 0 0 0 11020 0 14486 0 227474 0 0 0 TUCKER HELMES 142527 0 5310 0 0 0 2475 0 21906 0 172218 0 0 0 CHARLENA PATTERSON 141174 0 2750 0 0 0 3325 0 17270 0 164519 0 0 0 SUPPLEMENTAL INFORMATION PART III SOCMA HAS A 457(B) DEFERRED COMPENSATION PLAN UNDER WHICH CERTAIN EMPLOYEES CAN DEFER INCOME THROUGH PAYROLL DEDUCTIONS WITH NO ADDITIONAL COST TO SOCMA. THESE FUNDS ARE INVESTED IN MUTUAL FUNDS OFFERED BY AN INSURANCE COMPANY AND ARE RECORDED AT MARKET VALUE, TOGETHER WITH THE RELATED LIABILITY, IN THE ACCOMPANYING STATEMENTS OF FINANCIAL POSITION. THE CONTRIBUTION TO THE FUND WAS $8,250 FOR THE YEAR ENDED DECEMBER 31, 2011. AS OF DECEMBER 31, 2011, THE VALUE OF THE FUNDS WAS $250,730. FORM 990, PART VI, SECTION A, LINE 6 SOCMA HAS VARIOUS CLASSES OF MEMBERS: ACTIVE, INTERNATIONAL, ASSOCIATE, AFFILIATE, SPONSOR AND HONORARY MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A ALL ACTIVE MEMBERS HAVE ONE VOTE EACH AND HAVE THE RIGHT TO VOTE AND TO ELECT THE OFFICERS AND THE BOARD OF GOVERNORS OF SOCMA. FORM 990, PART VI, SECTION A, LINE 7B ALL ACTIVE MEMBERS HAVE ONE VOTE EACH AND HAVE THE RIGHT TO VOTE. FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 IS PREPARED BY OUTSOURCED ACCOUNTANTS AND REVIEWED BY SOCMA'S DIRECTOR OF FINANCE AND ADMINISTRATION AND PRESIDENT, AS WELL AS PROVIDED TO THE BOARD FOR REVIEW, PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS AND EMPLOYEES ARE EXPECTED TO BE ALERT FOR AND AVOID SITUATIONS WHICH MIGHT BE CONSTRUED AS CONFLICTS OF INTEREST. ANY POSSIBLE CONFLICTS OF INTEREST ON THE PART OF ANY BOARD MEMBER SHOULD BE DISCLOSED TO THE OTHER BOARD MEMBERS AND THE SOCMA PRESIDENT AND MADE A MATTER OF RECORD. ANY BOARD MEMBER HAVING CONFLICTS OF INTEREST SHOULD NOT VOTE OR USE HIS/HER PERSONAL INFLUENCE ON THE MATTER, AND HE/SHE SHOULD NOT BE COUNTED AS PART OF A QUORUM FOR THE MEETING. THE MINUTES OF THE MEETING SHOULD REFLECT THAT A DISCLOSURE WAS MADE, THE ABSENTION FROM VOTING, AND THE QUORUM SITUATION. THESE RESTRICTIONS SHOULD NOT BE CONSTRUED AS PREVENTING THE BOARD MEMBER FROM BRIEFLY STATING HIS/HER POSITION IN THE MATTER, NOR FROM ANSWERING PERTINENT QUESTION OF OTHER BOARD MEMBERS, SINCE HIS OR HER KNOWLEDGE COULD BE OF ASSISTANCE TO THE DELIBERATIONS. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF GOVERNORS REVIEWS THE COMPENSATION OF THE CEO EACH YEAR. AN INDEPENDENT COMPENSATION STUDY IS CONDUCTED ANNUALLY TO REVIEW THE COMPENSATION OF THE CEO AND SENIOR STAFF. THIS PROCESS WAS LASTED CONDUCTED IN 2011. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -1,826,811. MINIMUM PENSION OBLIGATION PAYMENT -145,000. TOTAL TO FORM 990, PART XI, LINE 5: -1,971,811. GOVERNING BODY AND MANAGEMENT FORM 990, PART VI, SECTION A, LINE 1A/B THERE SHALL BE AN EXECUTIVE COMMITTEE OF THE BOARD OF GOVERNORS, COMPRISED OF THE FIVE ELECTED OFFICERS, THE IMMEDIATE PAST CHAIR, AND FROM ONE TO THREE OTHER GOVERNORS APPOINTED BY THE CHAIR AFTER CONSULTATION WITH THE NOMINATING COMMITTEE AND THE BOARD OF GOVERNORS. EXCEPT AS OTHERWISE REQUIRED BY LAW OR THESE BYLAWS, THE EXEXUTIVE COMMITTEE SHALL HAVE SUCH AUTHORITY AS THE BOARD OF GOVERNORS SHALL GRANT IT FOR THE MANAGEMENT OF SOCMA. THE EXECUTIVE COMMITTEE SHALL KEEP REGULAR MINUTES OF ITS PROCEEDINGS AND SHALL PROVIDE REPORTS ON ITS CONCLUSIONS, RECOMMENDATIONS, AND ACTIONS TO THE BOARD OF GOVERNORS ON A REGULAR BASIS. THE EXECUTIVE COMMITTEE SERVES AS THE DE FACTO FINANCE COMMITTEE FOR SOCMA.