The Board of Trustees (BoT) is charged with fiduciary oversight of the ACS Examinations Institute. The Board serves the Division by providing advice and consent on large scale projects and budgetary matters of the Institute and serves as a sounding board for the Director of the Institute on legal matters that may affect the finances of the Institute.
Effective July 1, the Institute has three new Associate Directors. Olga Michels will serve as the Associate Director for Product Development, Sachin Nedungadi will serve as the Associate Director for Research, and Jaclyn Trate will serve as Associate Director for Test Development.
We are happy to report that ACS Exam Institute business sales are greatly recovered from pandemic levels. Sales have almost returned to pre-pandemic levels and expenses are also now more modest and thus we are expecting to see a slight profit for this budget year.
Because of the amount of product, particularly the exam study guides, that the Institute has been producing and selling, the weight of all the printed materials has created some loading concerns for our second-floor condominium property. To alleviate this issue the Business Operations for the Institute has moved to a new location with more suitable warehouse and storage capabilities. Our new address is 1375 S. Garfield Ave. Loveland, CO 80537.
The new E-commerce site is now fully operational. Through this site, students can purchase study materials, and practice testing. Our next phase will be to expand the portfolio of study guides beyond general, organic and physical chemistry. The Institute is currently working on expanding its portfolio of study guides and online practice materials based upon the feedback from requests from our community.