Executive Compensation at the American Chemical Society
The American Chemical Society (ACS) is the world’s largest scientific society in terms of membership with more than 156,000 members who pay $29-$175 a year to belong to this Washington, DC based 501 (c) (3).
Professionally, the organization is the largest source of scientific information through journals, conferences, and abstract services. The provision of these information services is the primary source of income for ACS, accounting for 84% of revenue ($501 million out of $600 million) in 2017.
ACS reported having 2,373 employees who were compensated $243 million in 2017, which equates to an average compensation of $102,400. However, only 724 individuals received more than $100,000 in compensation with the 11 most highly compensated individuals listed below:
- $1,101,290: Manuel Guzman, President, Chemical Abstract Services (CAS)
- $1,046,401: Thomas M Connelly,Jr, Executive Director and CEO
- $ 826,185: Brian D Crawford, President, Publications
- $ 675,650: Mathew J Toussant, SVP, Product and Content OPS, CAS
- $ 601,385: Brian A Bernstein, Treasurer and CFO
- $ 538,045: John R Sullivan, Chief Information Officer
- $ 512,479: Flint H Louis, Secretary and General Counsel
- $ 505,560: Michael Dennis, VP Legal Admin PMO and Investment, CAS
- $ 457,238: Craig Stevens, VP Sales, CAS
- $ 434,638: Brandin Nordin, SVP Sales Marketing, DGT Strategy, Publications
- $ 417,526: Christine McCue, VP Marketing, CAS
Of the 11 most highly compensated individuals, 10 (or 91%) are male while 1 individual is a female and she is at the bottom of the list in compensation. The 10 most highly compensated individuals are male.
The IRS Form 990 (2017) also reports CAS paid for first class or charter travel along with health and social club dues or initiation fees. To read supplemental information on these expenses, go to Schedule J, Part III, Supplemental Information (the link is below).
To read the IRS Form 990 (2017), click here.