American Society Of Home Inspectors
- Assets
- $2.8m
- Revenue
- $3.2m
- Investments
- $0.0
- Employees
- 28
- Location
- Des Plaines, IL
- Founding
- 08/1978
- Data as of
- 06/2021
- EIN
- 13-2938753
Organization Overview
American Society Of Home Inspectors is located in Des Plaines, IL. The organization was established in 1978. According to its NTEE Classification (L01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Housing & Shelter and related organizations. As of 06/2021, American Society Of Home Inspectors employed 28 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Society Of Home Inspectors is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 06/2021, American Society Of Home Inspectors generated $3.2m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.2% each year. All expenses for the organization totaled $2.5m during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO MEET THE NEEDS OF ITS MEMBERSHIP AND PROMOTE EXCELLENCE AND EXEMPLARY PRACTICE WITHIN THE PROFESSION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ANNUAL CONFERENCE EDUCATES MEMBERS AND NON-MEMBERS ABOUT DEVELOPMENTS IN THE HOME SECTION INDUSTRY. THE CONFERENCE PROVIDES A FORUM FOR INDIVIDUALS TO EXCHANGE IDEAS ON INDUSTRY PRACTICE.
ASHI HELPS BUILD HOME BUYERS' AWARENESS ON THE IMPORTANCE OF A QUALITY HOME INSPECTION. ASHI ALSO PROVIDES THE PUBLIC WITH INFORMATION CONCERNING LEGISLATIVE COMPLIANCE WITH ISSUES ON REGULATIONS.
ASHI OFFERS EDUCATION AND TRAINING TO PROSPECTIVE HOME INSPECTORS TO PROVIDE THE STUDENTS WITH THE KNOWLEDGE AND BUSINESS TECHNIQUES TO BE SUCCESSFUL IN HOME INSPECTIONS. ADDITIONALLY, ASHI OFFERS CONTINUING EDUCATION COURSES FOR CURRENT HOME INSPECTORS TO MAINTAIN STANDARDS ON HOME INSPECTION, PROFESSIONALISM, AND HOME INSPECTION ETHICS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James Thomas Executive Director | Trustee | 40 | $132,860 |
Mike Wagner President, Past President | Trustee | 1 | $35,000 |
Bruce A Barker President Elect, President | OfficerTrustee | 1 | $21,000 |
John Wessling Treasurer, President Elect | OfficerTrustee | 1 | $0 |
Bronson Anderson Director, Secretary | OfficerTrustee | 1 | $0 |
Lisa Giroux Secretary, Treasurer | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Harry Rosenthal Attorney At Law Legal Services | 6/29/21 | $110,139 |
Daspin & Aument Llp Legal Services | 6/29/21 | $106,854 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $3,158,969 |
| Investment income | $3,604 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $20,298 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $3,076 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,186,421 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $194,251 |
| Compensation of current officers, directors, key employees. | $71,873 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $791,089 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $132,558 |
| Payroll taxes | $84,071 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $187,717 |
| Fees for services: Accounting | $42,605 |
| Fees for services: Lobbying | $37,531 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $1,435 |
| Fees for services: Other | $21,602 |
| Advertising and promotion | $26,682 |
| Office expenses | $110,614 |
| Information technology | $91,477 |
| Royalties | $0 |
| Occupancy | $54,859 |
| Travel | $3,197 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $8,791 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $67,340 |
| Insurance | $68,085 |
| All other expenses | $120,555 |
| Total functional expenses | $2,456,625 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,314,351 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $33,547 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $97,749 |
| Net Land, buildings, and equipment | $503,033 |
| Investments—publicly traded securities | $828,372 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $61,301 |
| Other assets | $0 |
| Total assets | $2,838,353 |
| Accounts payable and accrued expenses | $149,509 |
| Grants payable | $0 |
| Deferred revenue | $594,086 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $193,420 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $937,015 |
| Net assets without donor restrictions | $1,382,041 |
| Net assets with donor restrictions | $519,297 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,838,353 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American Society Of Home Inspectors Des Plaines, IL | $2,838,353 | $3,186,421 |
Indiana Apartment Association Inc Indianapolis, IN | $4,827,785 | $2,912,409 |
Fair Housing Center Of Central Indiana Indianapolis, IN | $1,588,523 | $2,290,015 |
Ecumenical Housing Incorporated Dubuque, IA | $1,487,009 | $1,179,362 |
Logansport Interfaith Housing Corporation Logansport, IN | $1,837,232 | $804,675 |
Clinton Ecumenical Housing Inc City Hall Clinton, IA | $1,817,960 | $668,986 |
Wisconsin Housing Alliance Inc Madison, WI | $1,254,607 | $521,673 |
Whitneystrong Inc Louisville, KY | $251,543 | $347,277 |
Safe Harbor And Community Service Agency Braidwood, IL | $30,516 | $198,293 |
Keep Pushing St Louis, MO | $17,764 | $0 |
North Missouri Rural Housing Coalit Trenton, MO | $69,422 | $0 |
Community Growth Housing Newburgh, IN | $0 | $0 |