American Society Of Appraisers

Organization Overview

American Society Of Appraisers is located in Herndon, VA. The organization was established in 1961. 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 06/2021, American Society Of Appraisers employed 30 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes. American Society Of Appraisers 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 06/2021, American Society Of Appraisers generated $6.2m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.8% each year. All expenses for the organization totaled $4.9m during the year ending 06/2021. 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

THE AMERICAN SOCIETY OF APPRAISERS (ASA) IS AN INTERNATIONAL ORGANIZATION OF VALUATION PROFESSIONALS AND OTHERS DEDICATED TO PROMOTING THE EXCHANGE OF IDEAS AND EXPERIENCES AMONG ITS MEMBERS; CULTIVATING THE PROFESSION OF APPRAISING; ESTABLISHING AND MAINTAINING PRINCIPLES OF APPRAISAL PRACTICE AND A CODE OF ETHICS FOR THE GUIDANCE OF ITS MEMBERS; MAINTAINING UNIVERSAL RECOGNITION THAT MEMBERS OF THE SOCIETY ARE OBJECTIVE AND UNBIASED APPRAISERS AND CONSULTANTS OF PROPERTY VALUES; AWARDING ONE OR MORE PROFESSIONAL DESIGNATIONS TO QUALIFIED MEMBERS OF THE SOCIETY; AND SEEKING TO ATTAIN RECOGNITION OF THE PROFESSION BY BOTH PUBLIC AND PRIVATE ENTERPRISES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

EDUCATION - INTERNATIONALY RECOGNIZED AS THE LEADER IN MULTIDISCIPLINE VALUATION EDUCATION, ASA OFFERS A LARGE PROGRAM IN STATE OF THE ART TRAINING COURSES AND SEMINARS FOR VALUATION PROFESSIONALS IN APPRAISAL REVIEW AND MANAGEMENT, BUSINESS VALUATION, GEMS AND JEWELRY, MACHINERY AND TECHNICAL SPECIALTIES, PERSONAL PROPERTY AND REAL PROPERTY. TAUGHT BY EXPERIENCED PRACTITIONERS, ASA COURSES OFFER REAL-WORLD EXPERIENCE AND ARE OFFERED IN ON-SITE, ONLINE AND CLASSROOM FORMATS AS WELL AS AT PRESTIGIOUS UNIVERSITIES.


COMMUNICATIONS - ASA'S QUARTERLY ONLINE MAGAZINE, ASA PROFESSIONAL, AND REGULAR E-MAIL NEWSLETTERS PROVIDE TIMELY INFORMATION ON NEWS AND EVENTS AFFECTING THE APPRAISAL PROFESSION. PERIODIC PUBLICATIONS INCLUDING BUSINESS VALUATION REVIEW, THE PERSONAL PROPERTY JOURNAL AND THE MACHINERY AND TECHNICAL SPECIALITIES JOURNAL ADDRESS SCHOLARLY AND TECHNICAL ISSUES OF CONCERN TO VALUATION PRACTITIONERS. ASA PUBLICATIONS ARE THE SOURCE OF INFORMATION ON SIGNIFICANT MATTERS WITHIN THE APPRAISAL PROFESSION INCLUDING TECHNIQUES, STANDARDS, REGULATIONS AND ETHICS.


MEETINGS AND CONFERENCES - EACH YEAR ASA INTERNATIONAL HEADQUARTERS AND THE SOCIETY'S LOCAL CHAPTERS ORGANIZE AND SPONSOR NUMEROUS EVENTS AND PROGRAMS DESIGNED TO PROVIDE EDUCATION ON TIMELY APPRAISAL TOPICS AND OPPORTUNITIES FOR THE EXCHANGE OF IDEAS AMONG VALUATION PROFESSIONALS. EVENTS INCLUDE ASA'S ANNUAL MULTIDISCIPLINE INTERNATIONAL APPRAISAL CONFERENCE, ADVANCED BUSINESS VALUATION CONFERENCE AND MACHINERY AND TECHNICAL SPECIALTIES CONFERENCES.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$3,312,402
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$540,419
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$3,852,821
Total Program Service Revenue$2,299,166
Investment income $44,841
Tax Exempt Bond Proceeds $0
Royalties $1,824
Net Rental Income $0
Net Gain/Loss on Asset Sales -$76,123
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $33,505
Miscellaneous Revenue$0
Total Revenue $6,156,034

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