American Society Of Heating Refrigerating & A-C Engineers
- Assets
- $236.3k
- Revenue
- $106.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Oak Lawn, IL
- Founding
- 11/1973
- Data as of
- 06/2022
- EIN
- 36-6192727
Organization Overview
American Society Of Heating Refrigerating & A-C Engineers, operating under the name ASHRAE - Illinois Chapter, is located in Oak Lawn, IL. 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. ASHRAE - Illinois Chapter 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, ASHRAE - Illinois Chapter generated $106.9k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.8%) each year. All expenses for the organization totaled $93.0k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (4.1%) 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
ADVANCEMENT OF HVAC INDUSTRY TECHNOLOGY
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATION HOST CONFERENCES, FACILITY TOURS, MONTHLY EDUCATIONAL MEETINGS, AND TECHNICAL SEMINARS TO BENEFIT AROUND 1000 CHAPTER MEMBERS.
SCHOLORSHIPS CASH AWARDS TO COLLEGE ENGINEERING STUDENTS THAT DEMONSTRATE A COMMITMENT OF ARTS AND SCIENCE OF THE HVAC INDUSTRY. IN ADDITION, FUNDS WERE DONATED TO THE PARENT ORGANIZATIONS FOUNDATION FOR SCHOLARSHIPS
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Lippe President | OfficerTrustee | 10 | $0 |
Christopher Krieps President-Elect | OfficerTrustee | 10 | $0 |
Danielle Passaglia Treasurer | OfficerTrustee | 15 | $0 |
Amy Mueller Secretary | OfficerTrustee | 10 | $0 |
Fiona Mccarthy Board Member | Trustee | 4 | $0 |
Laura C Michel Board Member | Trustee | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $41,380 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,201 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $43,581 |
| Total Program Service Revenue | $38,669 |
| Investment income | $12,398 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $12,208 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $106,856 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $6,000 |
| 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 | $10,506 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,700 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $56,406 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $92,959 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $29,697 |
| Savings and temporary cash investments | $42,548 |
| 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 | $164,048 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $236,293 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $236,293 |
| 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 | $236,293 |
Grants Awarded
Over the last fiscal year, American Society Of Heating Refrigerating & A-C Engineers has awarded $26,015 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Peachtree Corners, GA PURPOSE: Research | $21,015 |
Chicago, IL PURPOSE: Donation | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
National Association Of Tax Professionals Inc Appleton, WI | $15,322,195 | $11,606,289 |
National Association Of Electrical Distributors St Louis, MO | $12,015,051 | $10,580,917 |
Chicagoland Entrepreneurial Center Chicago, IL | $5,911,149 | $8,140,473 |
Custom Electronic Design & Installation Association Fishers, IN | $40,806,745 | $4,400,829 |
International Dairy-Deli-Bakery Association Madison, WI | $22,953,024 | $8,197,084 |
National Precast Concrete Association Inc Carmel, IN | $13,896,863 | $10,585,314 |
Indiana Underground Plant Protection Service Inc Greenwood, IN | $23,524,907 | $10,120,104 |
Property Loss Research Bureau Downers Grove, IL | $29,282,847 | $8,342,411 |
National Funeral Directors Association Of The United States I Brookfield, WI | $21,618,319 | $10,407,549 |
Residential Real Estate Council Chicago, IL | $27,056,402 | $11,169,926 |
Engine Manufacturers Association Chicago, IL | $15,542,068 | $8,146,219 |
National Board Of Certification And Recert Of Nurse Anesthetists Chicago, IL | $34,872,411 | $14,011,594 |