American Society Of Naval Engineers

Organization Overview

American Society Of Naval Engineers is located in Alexandria, VA. The organization was established in 1947. According to its NTEE Classification (U42) the organization is classified as: Engineering, under the broad grouping of Science & Technology and related organizations. As of 06/2021, American Society Of Naval Engineers employed 10 individuals. This organization is the central organization for a national or regional group of organizations. American Society Of Naval 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 Naval Engineers generated $1.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (8.8%) each year. All expenses for the organization totaled $1.4m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (9.7%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.

Since 2020, American Society Of Naval Engineers has awarded 15 individual grants totaling $120,843. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

ADVANCING THE KNOWLEDGE AND PRACTICE OF NAVAL ENGINEERING, ENHANCING THE WELL-BEING OF MEMBERS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

MEETINGS: HOLD NATIONAL AND REGIONAL TECHNICAL MEETINGS TO DISSEMINATE TECHNICAL AND EDUCATIONAL INFORMATION TO MEMBERS AND OTHERS INTERESTED IN NAVAL ENGINEERING.


MEMBER SERVICES: GATHER AND PUBLISH TECHNICAL PAPERS, MATERIALS ABOUT SOCIETY ACTIVITIES, TECHNICAL PAPERS AND MEETINGS IN NAVAL ENGINEERS JOURNAL FOR MEMBERS AND SUBSCRIBERS (ABOUT 5,000 PERSONS) AND PROVIDE INFORMATION AND SERVICES AS REQUESTED BY THE MEMBERSHIP.


OUTREACH AND AWARDS PROGRAMS: STUDENT AWARDS, SCHOLARSHIPS AND ENGINEERING AWARDS (20 PERSONS) TO ENCOURAGE AND SUPPORT THOSE INTERESTED IN NAVAL ENGINEERING.


OFFICE OF NAVAL RESEARCH (ONR) GRANT: FUTURE LEADERS IN EXPERIENCE-BASED ENGINEERING & TECHNOLOGY (FLEET).


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Board, Officers & Key Employees

Name (title)Compensation
Dale Lumme
Executive Director, Secret
$194,905
Nancy Lackey
Senior Director CFO
$81,110
Mark Hugel
President
$0
Joseph Johnson
Vice President
$0
Greg Sanford
Vice President
$0
Joseph Luckard
Vice President
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $263,956
All other contributions, gifts, grants, and similar amounts not included above$133,709
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$397,665
Total Program Service Revenue$566,478
Investment income $141,084
Tax Exempt Bond Proceeds $0
Royalties $824
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,106,089

Grants Awarded

Over the last fiscal year, American Society Of Naval Engineers has awarded $64,843 in support to 9 organizations.

Grant RecipientAmount

UNIVERSITY OF WASHINGTON FOUNDATION

Org PageRecipient Profile

Seattle, WA

PURPOSE: STUDENT SUPPORT

$10,500

UNIVERSITY OF KENTUCKY

PURPOSE: STUDENT SUPPORT

$7,000

NORTH CAROLINA A&T STATE UNIVERSITY

PURPOSE: STUDENT SUPPORT

$7,000

UNIVERSITY OF MICHIGAN

PURPOSE: STUDENT SUPPORT

$7,000

UNIVERSTIY OF GEORGIA

PURPOSE: STUDENT SUPPORT

$7,000

OLD DOMINION UNIVERSITY

PURPOSE: STUDENT SUPPORT

$7,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that American Society Of Naval Engineers has recieved totaling $16.

Awarding OrganizationAmount
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$16
View Grant Recipient Profile

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