AIChE Financial Statements
AIChE increased its net assets in 2013 by $4.8M, a near-record for the Institute. Operations contributed $1.4M to the total. All of our operating businesses exceeded budget: Meetings ($720K), Industry Technology Groups ($350K), Education ($120K), Publications ($100K), and Membership ($70K). Below the operating line, investment returns in the Permanent Fund contributed $2.3M to the overall results. The Pension Plan also generated positive returns which, coupled with an increase in interest rates, resulted in a favorable adjustment to our Pension Plan liability of $1.6M, bringing our Plan to a 94% funded level at year-end. The strong across-the-board performance raised our net assets to $18.0M at year-end, a level that hasn’t been seen since the late 1990s.
New & Expanded Programs
From career building skills and technical instruction to state-of-the-art industry overviews, AIChE’s webinars are invaluable for keeping you and your staff up to date. Each at-your-desk webinar features one or more subject matter experts. During the live presentation, participants are invited to ask questions of the speaker(s). Web Forums, an issue-centered series of hot topic webinars created to provide chemical engineers with the latest information on a specific subject. Each Web Forum will feature a moderated panel of leading experts who will share their thoughts on the topic, participate in a discussion and take your questions live via a toll-free 800 number and electronic chat.
AIChE Instructor Led Training
AIChE Instructor Led Training offers professional education courses in key subject areas. Taught by recognized experts in cities across the US, subject areas include process safety, separations, solids handling, project management and more. Attendees earn PDHs and CEUs that may be used to satisfy ongoing professional education requirements or to add skills and subject area knowledge.
In addition to the live webinar series, AIChE continues to expand its archives of recorded webinars and sessions from AIChE conferences.
This new learning format allows you to further advance your chemical engineering skills. Classes are self-paced and on-demand … all online. Led by renowned Chemical Engineers as well as other professionals, you can increase your knowledge of a subject at your own pace, from the comfort of any computer.
Chenected, an informative blog just for ChemEs, where members and non-members can respond to posts, have a laugh or find lots of useful information.
CareerEngineer is for members whose careers are in transition, looking for their next job.
AIChE SmartBrief, a weekly electronic guide to news and information for ChemEs.
The Center for Energy Initiatives
The Center for Energy Initiatives, a technical society to unite energy professionals under the AIChE umbrella for the purpose of formulating, advocating and implementing projects and initiatives that address energy.
The AIChE eLibrary
The AIChE eLibrary, containing hundreds of engineering and scientific references, powered by Knovel and Access Engineering in a highly interactive format.
Financial Statements and Independent Auditors Report:
Financial Statement Summaries: