American Society Of Safety Professionals
- Assets
- $25.9m
- Revenue
- $14.8m
- Investments
- $0.0
- Employees
- 78
- Location
- Park Ridge, IL
- Founding
- 04/1972
- Data as of
- 03/2023
- 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 03/2023, American Society Of Safety Professionals employed 78 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 03/2023, American Society Of Safety Professionals generated $14.8m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.8%) each year. All expenses for the organization totaled $15.3m during the year ending 03/2023. As we would expect to see with falling revenues, expenses have declined by (1.3%) 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
ASSP IS THE COMMUNITY THAT PROTECTS PEOPLE, PROPERTY AND THE ENVIRONMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEMBERSHIP SERVICES - PROVIDES VARIOUS SERVICES TO MORE THAN 35,000 ASSP 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 PRESENTING AWARDS, AND PROVIDING ADMINISTRATIVE SUPPORT REQUIRED TO RETAIN AND GROW THE ASSP MEMBERSHIP COMMUNITY.
EDUCATIONAL SERVICES - PROVIDE PUBLICATIONS PERTAINING TO SPECIFIC TECHNICAL AREAS OF SAFETY.
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, NETWORKING OPPORTUNITIES AND A VENDOR EXPOSITION TO HIGHLIGHT CURRENT INFORMATION, BEST PRACTICES, EMERGING TECHNOLOGIES AND SERVICES TO HELP OCCUPATIONAL SAFETY AND HEALTH PROFESSIONALS IMPROVE WORKPLACE SAFETY AND HEALTH AND CONTRIBUTE TO POSITIVE ORGANIZATIONAL PERFORMANCE RESULTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brad Giles Pe Csp Sts Fassp/giosh/pres. (until 6/30/2022) | OfficerTrustee | 5 | $0 |
Christine M Sullivan Csp Arm President (as Of 7/1/2022) | OfficerTrustee | 5 | $0 |
James R Thornton Csp Cih President Elect (as Of 7/1/2022) | OfficerTrustee | 3 | $0 |
Linda M Tapp Csp Alcm VP Of Finance | OfficerTrustee | 3 | $0 |
Pamela Walaski Csp Fassp Senior VP (as Of 7/1/2022) | OfficerTrustee | 3 | $0 |
Maribeth Anderson Mpa Csp Director At Large | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Central Lighting And Equipment Inc Trade Show Audio Visual | 3/30/23 | $655,554 |
Hall Erickson Trade Show Management | 3/30/23 | $521,906 |
Mccormick Placesmg Trade Show Conference Hall | 3/30/23 | $288,170 |
Savor Chicago Trade Show Food And Beverage | 3/30/23 | $287,067 |
Contactpointe Room Rental, Audio Visual, And Food & Be | 3/30/23 | $252,681 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $39,989 |
| 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 | $39,989 |
| Total Program Service Revenue | $13,409,331 |
| Investment income | $302,809 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $411,166 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $214 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $639,574 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $14,818,743 |
| 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. | $1,118,683 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $5,210,707 |
| Pension plan accruals and contributions | $226,151 |
| Other employee benefits | $942,271 |
| Payroll taxes | $521,570 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $64,790 |
| Fees for services: Accounting | $60,614 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $22,899 |
| Fees for services: Other | $524,525 |
| Advertising and promotion | $312,649 |
| Office expenses | $61,631 |
| Information technology | $443,644 |
| Royalties | $197,637 |
| Occupancy | $326,938 |
| Travel | $141,870 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,532,409 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $110,043 |
| Insurance | $173,315 |
| All other expenses | $74,331 |
| Total functional expenses | $15,307,524 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,163,161 |
| Savings and temporary cash investments | $3,522,881 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $529,388 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $119,113 |
| Prepaid expenses and deferred charges | $1,046,280 |
| Net Land, buildings, and equipment | $3,306,767 |
| Investments—publicly traded securities | $9,727,675 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $507,819 |
| Total assets | $25,923,084 |
| Accounts payable and accrued expenses | $1,932,536 |
| Grants payable | $0 |
| Deferred revenue | $8,988,667 |
| 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 | $1,853,348 |
| Total liabilities | $12,774,551 |
| Net assets without donor restrictions | $13,148,533 |
| 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 | $25,923,084 |