American Society Of Heating Refrigerating & A-C Engineers

Organization Overview

American Society Of Heating Refrigerating & A-C Engineers is located in Peachtree Corners, GA. 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. As of 06/2021, American Society Of Heating Refrigerating & A-C Engineers employed 120 individuals. This organization is a parent organization of 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 06/2021, American Society Of Heating Refrigerating & A-C Engineers generated $23.0m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (4.3%) each year. All expenses for the organization totaled $20.0m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (7.2%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO SERVE HUMANITY BY ADVANCING THE ARTS AND SCIENCES OF HEATING, VENTILATION, AIR-CONDITIONING, REFRIGERATION AND THEIR ALLIED FIELDS.

Describe the Organization's Program Activity:

PUBLISHING AND EDUCATION - INCLUDING ELECTRONIC COMMUNICATIONS, HANDBOOK, PROFESSIONAL DEVELOPMENT, PUBLICATIONS AND SOCIETY PROGRAMS.


MEMBERS' COUNCIL - INCLUDING ADMISSIONS AND ADVANCEMENT, REGIONAL CHAPTERS, HONORS & AWARDS AND MEETINGS


RESEARCH - INCLUDING ALTERNATIVE REFRIGERANTS, INDOOR AIR QUALITY, ENERGY CONSERVATION, DESINGING TOOLS, HEALTH & SAFETY, REFRIGERATION AND FOOD PROCESSING AND PRESERVATION.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Lane Press
Printing And Mailing Journals
$402,534
Creative Solar Usa
Installed Solar Panels
$423,147
Ntt America Solutions Inc
Installed Audio And Video Equipment
$395,230
Dekalb Office Environments
Installation Of New Office Furniture
$286,918
Skanska Usa Building
Construction
$4,988,968
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $2,215,175
All other contributions, gifts, grants, and similar amounts not included above$2,038,571
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$4,253,746
Total Program Service Revenue$13,489,082
Investment income $518,320
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $1,531,884
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $22,960,689

Grants Recieved

Over the last fiscal year, we have identified 1 grants that American Society Of Heating Refrigerating & A-C Engineers has recieved totaling $100,000.

Awarding OrganizationAmount
Community Foundation Of Greater Greensboro Inc

Greensboro, NC

PURPOSE: GENERAL SUPPORT

$100,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$10,341,829
Earnings$2,751,078
Net Contributions$666,168
Grants$433,644
Ending Balance$13,325,431

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