American Society Of Heating Refrigerating & A-C Engineers
- Assets
- $343.7k
- Revenue
- $319.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Long Beach, NY
- Founding
- 11/1973
- Data as of
- 06/2022
- EIN
- 13-6274518
Organization Overview
American Society Of Heating Refrigerating & A-C Engineers is located in Long Beach, NY. The organization was established in 1973. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. American Society Of Heating Refrigerating & A-C Engineers 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 06/2022, American Society Of Heating Refrigerating & A-C Engineers generated $319.9k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 4.0% each year. All expenses for the organization totaled $342.5k during the year ending 06/2022. While expenses have increased by 3.8% per year over the past 5 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
EDUCATION AND ADVANCEMENT OF THE SCIENCE OF HEATING, REFRIGERATING AND AIR CONDITIONING ENGINEERING. EDUCATIONAL PROGRAMS HELD INCLUDE LECTURE SERIES, ALL DAY SEMINAR AND COLLEGE STUDENT ACTIVITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATIONAL MEETING ATTENDED BY NY CHAPTER MEMBERS, NON-MEMBERS, COLLEGE STUDENTS STUDYING ENGINEERING AND ENGINEERING COMPANY REPRESENTATIVES. RELEVANT TOPICS ARE PRESENTED AT THESE MEETINGS.
LECTURE SERIES AND ALL-DAY SEMINAR WHERE PROFESSIONALS PRESENT CURRRENT IMPORTANT TOPICS.
COMMUNITY RELATIONS WORKS WITH HABITAT FOR HUMANITY AND DOES PEER REVIEWS ON THE MECHANICAL SYSTEMS FOR THE BUILDINGS HABITAT FOR HUMANITY FIXES. MONEY IS ALSO RAISED ON BEHALF OF HABITAT FOR HUMANITY BY PARTICIPATING IN "BUILD DAY" WHERE INDIVIDUALS WILL MAKE CONTRIBUTIONS TO HELP BUILD NEW CONSTRUCTION FOR ONE DAY.
STUDENT ACTIVITIES WORKS WITH THE THREE DIFFERENT SCHOOLS IN THE AREA (TCI, NEW YORK TECHNICAL AND MANHATTAN COLLEGE) THAT HAVE STUDENT BRANCHES OF ASHRAE TO EXTEND SCHOLARSHIPS. THE PROGRAM AND THE COLLABORATING SCHOOLS PROMOTE HVAC ENGINEERING TO STUDENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Artorius Reyes President Elect | Trustee | 0 | $0 |
Natalie Kovac Governor | Trustee | 0 | $0 |
Frank Rivera Governor | Trustee | 0 | $0 |
Amelia Berman Governor | Trustee | 0 | $0 |
Gregori Tayco Governor | Trustee | 0 | $0 |
Greg Rathe Governor | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $32,200 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $241,902 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $274,102 |
| Total Program Service Revenue | $45,610 |
| Investment income | $205 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $319,917 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $8,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $36,250 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $3,093 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,745 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $41,571 |
| Total functional expenses | $342,513 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $63,180 |
| Savings and temporary cash investments | $280,478 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $343,658 |
| Accounts payable and accrued expenses | $15,063 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $15,063 |
| Net assets without donor restrictions | $328,595 |
| Net assets with donor restrictions | $0 |
| 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 | $343,658 |
Grants Awarded
Over the last fiscal year, American Society Of Heating Refrigerating & A-C Engineers has awarded $32,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
HABITAT FOR HUMANITY NEW YORK CITY PURPOSE: BUILD AFFORDABLE HOUSING | $22,000 |
ACE MENTOR PROGRAM OF GREATER NY INC PURPOSE: PROVIDES MENTORING SERVICES TO HIGH SCHOOL STUDENDS | $10,000 |