American Society Of Mechanical Engineers Auxiliary Inc

Organization Overview

American Society Of Mechanical Engineers Auxiliary Inc is located in New York, NY. The organization was established in 1957. According to its NTEE Classification (U11) the organization is classified as: Single Organization Support, under the broad grouping of Science & Technology and related organizations. This organization is the central organization for a national or regional group of organizations. American Society Of Mechanical Engineers Auxiliary Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2021, American Society Of Mechanical Engineers Auxiliary Inc generated $117.7k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 17.8% each year . All expenses for the organization totaled $112.5k during the year ending 06/2021. While expenses have increased by 0.6% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

ESTABLISHES AND SUPPORTS SCHOLARSHIPS TO STUDENTS OF MECHANICAL ENGINEERING, AND SUPPORTS ASME; SEE PART III.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SCHOLARSHIPS AND LOANS: PROVIDES SCHOLARSHIPS AND STUDENT LOANS FOR STUDENTS PURSUING COLLEGE DEGREES IN MECHANICAL ENGINEERING.


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Board, Officers & Key Employees

Name (title)Compensation
Ed Siders
Student Loan Fund Treasurer
$0
Vatsala Menon
Recording Secretary
$0
Saraswati Sahay End Fy21
President
$0
Ada Ezekoye
Executive Vice President
$0
Ella Baldwin-Viereck Start Fy21
President
$0
Stella Seiders
Treasurer
$0

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$34,685
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$34,685
Total Program Service Revenue$770
Investment income $19,945
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $62,333
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $117,733

Grants Recieved

Over the last fiscal year, we have identified 1 grants that American Society Of Mechanical Engineers Auxiliary Inc has recieved totaling $5.

Awarding OrganizationAmount
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$5
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$943,105
Earnings$143,906
Net Contributions$25,000
Grants$44,625
Ending Balance$1,067,386

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