American Society Of Safety Professionals
- Assets
- $23.9m
- Revenue
- $16.4m
- Investments
- $0.0
- Employees
- 76
- Location
- Park Ridge, IL
- Founding
- 04/1972
- Data as of
- 03/2022
- EIN
- 36-2413556
Organization Overview
American Society Of Safety Professionals is located in Park Ridge, IL. The organization was established in 1972. 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. As of 03/2022, American Society Of Safety Professionals employed 76 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes. American Society Of Safety Professionals 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 03/2022, American Society Of Safety Professionals generated $16.4m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.4%) each year. All expenses for the organization totaled $13.7m during the year ending 03/2022. As we would expect to see with falling revenues, expenses have declined by (2.9%) per year over the past 7 years. 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
ASSP IS A GLOBAL ASSOCIATION OF SAFETY, HEALTH AND ENVIRONMENTAL PROFESSIONALS DEDICATED TO THE ADVANCEMENT OF ITS MEMBERS AND THE PROFESSION THROUGH EDUCATION, STANDARDS DEVELOPMENT, ADVOCACY AND NETWORKING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEMBERSHIP SERVICES - PROVIDES VARIOUS SERVICES TO THE ASSP'S APPROXIMATELY 36,000 MEMBERS AND COMMUNITIES. THIS INCLUDES DEVELOPING AND OFFERING MEMBER EDUCATIONAL EVENTS, PROVIDING NETWORKING AND KNOWLEDGE SHARING OPPORTUNITIES, OFFERING VOLUNTEER TRAINING AND LEADERSHIP DEVELOPMENT, RECOGNIZING MEMBER CONTRIBUTIONS, AND PROVIDING ADMINISTRATIVE SUPPORT REQUIRED TO RETAIN AND GROW THE ASSP MEMBERSHIP COMMUNITY.
PROFESSIONAL SAFETY IS THE JOURNAL OF THE AMERICAN SOCIETY OF SAFETY PROFESSIONALS. PUBLISHED MONTHLY, INCLUDES PEER-REVIEWED ARTICLES AND OTHER CONTENT THAT INFORMS PROFESSIONAL OCCUPATIONAL SAFETY AND HEALTH SPECIALIST ABOUT THE LATEST DEVELOPMENTS IN SAFETY RESEARCH, TECHNOLOGY AND INDUSTRY BEST PRACTICES RELATED TO TOPICS SUCH AS INCIDENT PREVENTION, RISK ASSESSMENT, HAZARD CONTROL, SAFETY MANAGEMENT AND WORKER WELL-BEING. THE JOURNAL IS INCLUDED IN MEMBER DUES.
ANNUAL PROFESSIONAL DEVELOPMENT CONFERENCE - ASSP'S ANNUAL CONFERENCE DELIVERS A WIDE RANGE OF EDUCATIONAL SESSIONS AND A VENDOR EXPOSITION TO HIGHLIGHT CURRENT INFORMATION, BEST PRACTICES, TECHNOLOGIES, AND SERVICES TO HELP OCCUPATIONAL SAFETY AND HEALTH PROFESSIONALS IMPROVE WORKPLACE SAFETY AND ORGANIZATIONAL PERFORMANCE.
EDUCATIONAL SERVICES - PROVIDE PUBLICATIONS PERTAINING TO SPECIFIC TECHNICAL AREAS OF SAFETY.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jennifer Mcnelly CEO | Officer | 37.5 | $443,656 |
Tim Fisher Director Of Standards & Tech Svcs. | 37.5 | $179,785 | |
Chris Ballman Director | Officer | 37.5 | $167,967 |
Kim Mcdowell Director Of Membership/communities | 37.5 | $160,854 | |
Kasia Mcgrew Director Of Information Technology | 37.5 | $145,733 | |
Bruce E Sufranski Director Of Talent, Finance & Admin | Officer | 37.5 | $143,445 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Hubb Inc Virtual Event Platform | 3/30/22 | $137,912 |
Central Lighting And Equipment Inc Trade Show Audio Visual | 3/30/22 | $417,332 |
Austin Convention Center Trade Show Conference Hall | 3/30/22 | $248,194 |
Walsworth Publishing Co Professional Trade Magazine Printing | 3/30/22 | $228,365 |
Hall Erickson Trade Show Management | 3/30/22 | $519,549 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,516,700 |
| 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 | $1,516,700 |
| Total Program Service Revenue | $12,132,864 |
| Investment income | $136,058 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $354,820 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $646,378 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $550,822 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $16,437,200 |
| 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. | $832,217 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $5,003,661 |
| Pension plan accruals and contributions | $72,786 |
| Other employee benefits | $961,111 |
| Payroll taxes | $474,173 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $68,549 |
| Fees for services: Accounting | $61,094 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $21,780 |
| Fees for services: Other | $428,534 |
| Advertising and promotion | $404,737 |
| Office expenses | $69,957 |
| Information technology | $420,061 |
| Royalties | $209,368 |
| Occupancy | $360,509 |
| Travel | $86,865 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,841,290 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $179,270 |
| Insurance | $203,401 |
| All other expenses | $25,318 |
| Total functional expenses | $13,660,700 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $8,015,330 |
| Savings and temporary cash investments | $342 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,043,454 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $138,434 |
| Prepaid expenses and deferred charges | $744,844 |
| Net Land, buildings, and equipment | $3,318,991 |
| Investments—publicly traded securities | $10,402,037 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $277,645 |
| Total assets | $23,941,077 |
| Accounts payable and accrued expenses | $2,040,552 |
| Grants payable | $0 |
| Deferred revenue | $5,524,840 |
| 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 | $1,773,538 |
| Total liabilities | $9,338,930 |
| Net assets without donor restrictions | $14,602,147 |
| 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 | $23,941,077 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Healthcare Information And Management Systems Society Chicago, IL | $52,722,997 | $65,054,367 |
Inter-Industry Conference On Auto Collision Repairs Hoffman Estates, IL | $98,841,828 | $60,778,547 |
Iowa Soybean Association Ankeny, IA | $41,040,308 | $49,594,198 |
Society Of Actuaries Professional Association Schaumburg, IL | $48,907,069 | $54,354,624 |
Association Of Equipment Manufacturers Milwaukee, WI | $65,690,987 | $35,929,615 |
Ipc International Inc Bannockburn, IL | $35,069,140 | $30,776,508 |
Apics Inc Chicago, IL | $42,029,595 | $30,789,675 |
International Sanitary Supply Association Rosemont, IL | $73,095,156 | $16,343,711 |
International Foundation Of Employee Benefit Plans Inc Brookfield, WI | $45,052,685 | $24,056,813 |
Aisc Holdings Inc Chicago, IL | $39,650,514 | $25,378,611 |
American College Of Surgeons Professional Association Chicago, IL | $12,847,056 | $21,670,888 |
American Association Of Orthopaedic Surgeons Of America Rosemont, IL | $21,165,468 | $24,653,127 |