NonprofitsAmerican Society Of Mechanical Engineers

Science & Technology

American Society Of Mechanical Engineers

NEW YORK, NY

Total revenue

$136.7M

Total expenses

$152.5M

Net assets

$145.0M

Grants received

$4.5M

24 grants

EIN

131623899

Tax year

2023

Mission

To advance engineering for the benefit of humanity.

Programs

7 programs

Standards operations- asme establishes and publishes public safety related industrial and manufacturing codes and standards for the design, manufacturing, and installation of mechanical devices. The principal product affecting revenue and expenses is the society's boiler and pressure vessel code (the boiler code).

Expenses: $17.1M

Engineering operations- asme hosts programs under which a company or an individual is assessed and certified based on demonstrated ability to meet the requirements of an asme standard. These conformity assessments continue to provide a service vital to the enhancement of public safety and facilitation of international commerce.

Expenses: $18.3M

Publications- asme produces and prepares the technical content of the society for public distribution and sale in the form of journals, conference proceedings and books, both in print and electronic media.

Expenses: $16.2M

Programs- asme hosts conferences and workshops to help identify emerging issues of interest to members and the engineering profession at large.

Expenses: $1.0M

Learning & development- asme provides continuing education courses for engineering and the technical workforce.

Expenses: $8.5M

Constituent engagement- asme offers professional and student mechanical engineering society memberships. In exchange for dues payments, the member receives several membership benefits including, but not limited to, monthly subscription to 'mechanical engineer' magazine, free access to on-line reference tools, free subscription to daily e-newsletter, and discounts on asme publications, continuing education and conference registrations.

Expenses: $5.3M

Misc./other programs

Expenses: $2.0M

Financials

FY 2023

Revenue

Contributions & grants$3.3M
Program service revenue$58.6M
Investment income
Other revenue$79.8M
Total revenue$136.7M

Expenses

Grants paid$2.5M
Salaries & benefits$72.3M
Fundraising$182K
Other expenses$77.6M
Total expenses$152.5M
Total assets$226.6M
Net assets$145.0M

People

28 listed

NameRoleCompensation

THOMAS COSTABILE

EXECUTIVE DIRECTOR/CEO

Board

$1.5M

40 hrs/wk

WILLIAM GAROFALO

CHIEF FINANCIAL OFFICER

Board

$982K

40 hrs/wk

JOHN DELLI VENNERI

GENERAL COUNSEL

Board

$809K

40 hrs/wk

SUSAN IPRI-BROWN

PRESIDENT (INCUMBENT)/MEMBER

Board

4 hrs/wk

THOMAS GARDNER

MEMBER AT LARGE (END 6/3/24)

Board

4 hrs/wk

THOMAS R KURFESS

PRESIDENT (EXITING)/MEMBER

Board

4 hrs/wk

ALMA FALLON

MEMBER AT LARGE (START 7/1/23)

Board

4 hrs/wk

WOLF YEIGH

MEMBER AT LARGE (END 6/3/24)

Board

4 hrs/wk

TARA MCMAHAN

SECRETARY/TREASURER (START 10/11/23)

Board

4 hrs/wk

WILLIAM KING

MEMBER AT LARGE (START 6/3/24)

Board

4 hrs/wk

ANDREW BICOS

MEMBER AT LARGE (END 6/3/24)

Board

4 hrs/wk

DAVID SCHLESINGER

MEMBER AT LARGE

Board

4 hrs/wk

JANIS TERPENNY

MEMBER AT LARGE (START 6/3/24)

Board

4 hrs/wk

JARED OEHRING

MEMBER AT LARGE

Board

4 hrs/wk

KATHRYN JABLOKOW

MEMBER AT LARGE

Board

4 hrs/wk

LESTER SU

MEMBER AT LARGE (START 6/3/24)

Board

4 hrs/wk

MONICA MOMAN-SAUNDERS

MEMBER AT LARGE

Board

4 hrs/wk

NICOLE DYESS

MEMBER AT LARGE (START 6/3/24)

Board

4 hrs/wk

PATRICK VIETH

MEMBER AT LARGE

Board

4 hrs/wk

SAMUEL KORELLIS

MEMBER AT LARGE (END 6/3/24)

Board

4 hrs/wk

MICHAEL JOHNSON

CHIEF STRATEGY OFFICER

Staff

$945K

40 hrs/wk

JEFFREY PATTERSON

CHIEF OPERATING OFFICER

Staff

$727K

40 hrs/wk

CHANDRA CLOUDEN

CHIEF HR OFFICER

Staff

$642K

40 hrs/wk

ALLIAN PRATT

CHIEF LEADERSHIP ENGAGEMENT OFFICER

Staff

$614K

40 hrs/wk

KEITH BLOESCH

SR. MANAGING DIRECTOR

Staff

$454K

40 hrs/wk

JOSH HEITSENRETHER

SR. MANAGING DIRECTOR

Staff

$442K

40 hrs/wk

STEVE PAPAGANERES

MANAGING DIRECTOR, FINANCE

Staff

$430K

40 hrs/wk

THOMAS MEEHAN

CONTROLLER

Staff

$416K

40 hrs/wk

Independent contractors

CLOUDMASONRY

TECHNOLOGY CONSULTING SERVICES

$2.0M

BUCK STRATEGY LLC

BRAND DEVELOPMENT SERVICES

$1.7M

AUDIO VIDEO PRODUCTION GROUP LLC

AV PRODUCTION SERVICES

$1.3M

WILMER CUTLER PICKERING HALE AND DORR LL

LEGAL SERVICES

$977K

TRENDLINE INTERACTIVE LLC

MARKETING SERVICES

$870K

Grants received

Showing 24 of 24

FromAmountPurposeYear
$500K
GENERAL SUPPORT
2024
$25K
GEODE - FEDERAL GRANT FROM DOE
2024
$21K
TO PROMOTE EDUCATION AND COOPERATION IN THE AUTOMATIC CONTROL PROFESSION.
2024
$6K
COMMUNITY & HUMAN SERVICES
2024
$1.3M
VARIOUS PROGRAM SUPPORT
2023
$430K
IMPACT INTERNSHIP PROGRAM
2023
$34K
TO PROMOTE EDUCATION AND COOPERATION IN THE AUTOMATIC CONTROL PROFESSION.
2023
$12K
GENERAL SUPPORT
2023
$10K
OPERATING SUPPORT
2023
$1.4M
VARIOUS PROGRAM SUPPORT
2022
$250K
GENERAL SUPPORT
2022
$77K
TO PROMOTE EDUCATION AND COOPERATION IN THE AUTOMATIC CONTROL PROFESSION.
2022
$48K
GENERAL SUPPORT
2022
$57K
TO PROMOTE EDUCATION AND COOPERATION IN THE AUTOMATIC CONTROL PROFESSION.
2021
$9K
SPONSORSHIP
2021
$20K
GENERAL SUPPORT
2020
$15K
TO PROMOTE EDUCATION AND COOPERATION IN THE AUTOMATIC CONTROL PROFESSION.
2020
$11K
CHARITABLE CONTRIBUTION -EDUCATIONAL PURPOSES
2020
$98K
SCHOLARSHIPS
2017
$75K
INSPIRE PROGRAM
2017

Funded by

$4.5M from 11 funders · 24 grants · 2017–2024

The Asme Foundation Inc

$2.9M · 4 grants · 2017–2023

Impactassetsinc

$1.2M · 3 grants · 2022–2024

American Automatic Control Council Inc

$204K · 5 grants · 2020–2024

The Bessemer Giving Fund

$80K · 3 grants · 2020–2023

National Philanthropic Trust

$50K · 1 grant · 2023

Marjorie G & Thompson Chandler

$40K · 3 grants · 2019–2020

Project Innerspace Inc

$25K · 1 grant · 2024

Battelle Memorial Institute

$10K · 1 grant · 2023

Details

EIN131623899
NTEE codeU030
Subsection03
Ruling date1991-10
Formed1880
Employees418
Volunteers6757
AMERICAN SOCIETY OF MECHANICAL ENGINEERS — Mission, Financials & Grants Received | Grantivo