2023-05-11T15:29:30-05:00 2022-06-30 861065772 DELOITTE TAX LLP 111 MONUMENT CIRCLE SUITE 4200 INDIANAPOLIS IN 46204 990 2021-07-01 131623899 THE AMERICAN SOCIETY OF MECHANICAL ENGINEERS AMER 2125917000 TWO PARK AVENUE NEW YORK NY 10016 WILLIAM GAROFALO CHIEF FINANCIAL OFFICER 9732442255 2023-05-11 1 WILLIAM GAROFALO XXX-XX-XXXX KENDALL SCHNURPEL P01478462 3174648600 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z THOMAS COSTABILE TWO PARK AVENUE NEW YORK NY 10016 143420812 0 X WWW.ASME.ORG X 1880 NY TO ADVANCE ENGINEERING FOR THE BENEFIT OF HUMANITY. 13 13 457 6059 485158 238601 11496966 1644227 47209001 43901905 2099150 7209625 35006200 62405164 95811317 115160921 628200 2378050 0 0 58179570 61012602 182937 0 0 28914600 34820162 87905307 98210814 7906010 16950107 177574778 168830284 62066503 55199501 115508275 113630783 X THE MISSION OF THE AMERICAN SOCIETY OF MECHANICAL ENGINEERS ("ASME") IS TO ADVANCE ENGINEERING FOR THE BENEFIT OF HUMANITY. 0 0 14891553 2378050 4668010 TECHNICAL EVENTS & CONTENT AND INSTITUTES- ASME ANNUALLY PERFORMS RESEARCH ON TECHNICAL MECHANICAL ENGINEERING ISSUES, AND HOLDS TECHNICAL MEETINGS AND CONFERENCES FOR MECHANICAL ENGINEERS ON A VARITY OF MECHANICAL ENGINEERING TOPICS AND SUBJECTS. 13819813 11913616 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). 10618781 32024886 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. 8268945 10037953 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. 669753 PROGRAMS- ASME HOSTS CONFERENCES AND WORKSHOPS TO HELP IDENTIFY EMERGING ISSUES OF INTEREST TO MEMBERS AND THE ENGINEERING PROFESSION AT LARGE. 4759950 4193190 LEARNING & DEVELOPMENT- ASME PROVIDES CONTINUING EDUCATION COURSES FOR ENGINEERING AND THE TECHNICAL WORKFORCE. 3564523 1799229 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. 4686846 184436 MISC./OTHER PROGRAMS 21950017 16214808 61280164 1 1 0 1 0 0 0 0 0 1 1 0 0 1 0 1 0 1 0 1 1 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 1 283 0 1 457 1 1 1 1 CH IN UK 0 0 0 0 0 0 0 0 0 0 X 13 13 0 0 0 0 1 1 1 1 1 0 1 1 1 1 1 1 1 1 1 0 0 CA NJ NY X THOMAS MEEHAN CONTROLLER 9732442255 150 CLOVER ROAD 6TH FLOOR LITTLE FALLS NJ 07424 MAHANTESH HIREMATH PRESIDENT 4.00 0.00 X X 0 0 0 ANDREW BICOS MEMBER-AT-LARGE 4.00 0.00 X 0 0 0 JARED OEHRING FROM 62022 MEMBER-AT-LARGE 4.00 0.00 X 0 0 0 KAREN J OHLAND FROM 111421 PRESIDENT ELECT 4.00 0.00 X 0 0 0 LAURA E HITCHCOCK END 62022 MEMBER-AT-LARGE 4.00 0.00 X 0 0 0 PATRICK VIETH FROM 62022 MEMBER-AT-LARGE 4.00 0.00 X 0 0 0 PAUL D STEVENSON MEMBER-AT-LARGE 4.00 0.00 X 0 0 0 RICHARD MARBOE MEMBER-AT-LARGE 4.00 0.00 X 0 0 0 BRYAN A ERLER PAST PRESIDENT 4.00 0.00 X 0 0 0 SAMUEL KORELLIS MEMBER-AT-LARGE 4.00 0.00 X 0 0 0 SUSAN IPRI BROWN FROM 62022 MEMBER-AT-LARGE 4.00 0.00 X 0 0 0 THOMAS GARDNER MEMBER-AT-LARGE 4.00 0.00 X 0 0 0 THOMAS R KURFESS MEMBER-AT-LARGE 4.00 0.00 X 0 0 0 TODD R ALLEN END 06202022 MEMBER-AT-LARGE 4.00 0.00 X 0 0 0 WOLF YEIGH MEMBER-AT-LARGE 4.00 0.00 X 0 0 0 THOMAS COSTABILE EXECUTIVE DIRECTOR/CEO 40.00 2.50 X 974066 0 88505 WILLIAM GAROFALO CHIEF FINANCIAL OFFICER 40.00 0.00 X 679196 0 20300 JOHN DELLI VENNERI GENERAL COUNSEL 40.00 0.00 X 586589 0 64103 JOHN GOOSSEN FROM 62022 SECRETARY-TREASURER 4.00 0.00 X 0 0 0 ROBERT N PANGBORN END 62022 SECRETARY-TREASURER 4.00 0.00 X 0 0 0 JEFFREY PATTERSON CHIEF OPERATING OFFICER 40.00 0.00 X 656313 0 49841 MICHAEL JOHNSON CHIEF STRATEGY OFFICER 40.00 0.00 X 687388 0 18177 KEITH BLOESCH MANAGING DIRECTOR 40.00 0.00 X 396097 0 33375 PHILIP DIVIETRO MANAGING DIRECTOR 40.00 0.00 X 384518 0 44061 JOSH HEITSENRETHER MANAGING DIRECTOR 40.00 0.00 X 375728 0 47739 KATHLEEN LOBB MANAGING DIRECTOR 40.00 2.50 X 371121 0 30877 ALLIAN PRATT MANAGING DIRECTOR 40.00 0.00 X 346070 0 51662 5457086 0 448640 187 0 1 0 ACKNOWLEDGE DIGITAL LLC 197 GRAND STREET 5S NEW YORK NY 10013 MARKETING 1405036 BALLARD SPAHR LLP 1675 BROADWAY 19TH FLOOR NEW YORK NY 10019 LEGAL SERVICES 523567 PATTERSON BELKNAP WEBB & TYLER LLP 1133 AVENUE OF THE AMERICAS NEW YORK NY 10036 LEGAL SERVICES 357349 EARNEZT LLC 27 E 28TH STREET - 8TH FLOOR NEW YORK NY 10016 MARKETING 317568 CHARLES A PICASSO 2229 A 11TH AVENUE SOUTH NASHVILLE TN 37204 CONSULTANT 295000 24 847980 300161 496086 1644227 ENGINEERING OPERATIONS 611430 32024886 32024886 TECHNICAL EVENTS & CON 611430 4668010 4668010 LEARNING AND DEVELOPME 511130 4193190 4193190 CONSTITUENT ENGAGEMENT 511130 2457168 2457168 STANDARDS OPERATIONS 511120 374215 374215 184436 184436 43901905 1623239 1623239 40442160 40442160 16936605 11350219 5586386 5586386 5586386 37829087 16909672 20919415 20919415 OTHER REVENUE 900099 747867 5000 742867 JOB BOARD 900001 295722 295722 1043589 115160921 64636884 485158 48394652 2378050 2378050 1264375 269494 994881 45961178 33068596 12892582 3432269 2469482 962787 7297477 5250460 2047017 3057303 2199698 857605 1434916 1356452 78464 204021 8721 195300 326922 326922 219426 219426 5907838 4743483 1164355 2360441 2355999 4442 571182 365704 205478 4213430 639374 3574056 6379231 125201 6254030 983973 540586 443387 3103874 3001668 102206 6156433 416265 5740168 412535 412535 PROFESSIONAL SUPPORT 1329038 750609 578429 AWARDS AND HONORARIUMS 657875 657875 TAXES 282418 271722 10696 OTHER 276609 83803 192806 98210814 61280164 36930650 0 19966118 13767275 13239492 19374211 82684 4949574 5730135 56660897 44745277 15967603 11915620 103453296 92551664 19998695 25408695 177574778 168830284 21829195 32283479 40237308 22916022 62066503 55199501 X 115043699 113210129 464576 420654 115508275 113630783 177574778 168830284 X 16950107 -19473256 195000 450657 X 0 1 X 1 0 X 659878 472025 389330 11496966 1644227 14662426 87537441 88493785 83443319 64225222 81546556 405246323 88197319 88965810 83832649 75722188 83190783 419908749 0 17427527 1890005 2509485 4085937 11746630 37659584 17427527 1890005 2509485 4085937 11746630 37659584 382249165 29753367 29934142 33246456 35334298 42065399 170333662 416397 211111 204271 173952 188495 1194226 30169764 30145253 33450727 35508250 42253894 171527888 162167 178935 232568 1043589 1617259 118367083 119273230 117462311 111463006 126488266 593053896 0.64450 0.68290 0.28920 0.26770 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: AWARDS AND OTHER INCOME - 2018 AMOUNT: $ 162,167. 2019 AMOUNT: $ 178,935. 2020 AMOUNT: $ 232,568. 2021 AMOUNT: $ 1,043,589. 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IT IS MANAGEMENT'S ESTIMATION THAT THERE ARE NO MATERIAL INCOME TAX LIABILITY RESULTING FROM UNRELATED BUSINESS INCOME THAT NEED TO BE RECORDED AT JUNE 30, 2022. PART XI, LINE 2D - OTHER ADJUSTMENTS: RECLASS OF COGS 16,909,672. PENSION ADJUSTMENT 450,656. INDIA REVENUE 438,138. PART XII, LINE 2D - OTHER ADJUSTMENTS: RECLASS OF COGS 16,909,672. ASME INDIA EXP 377,705. EAST ASIA AND THE PACIFIC 1 2 PROGRAM SERVICES ASME, THROUGH WHOLLY OWNED ASME ASIA PACIFIC, LLC, PROMOTES UNDERSTANDING AND THE USE OF CODES AND STANDARDS PROGRAMS IN THE ASIA/PACIFIC MARKETS, SERVING AS AN INQUIRY POINT FOR INFORMATION REGARDING ASME EDUCATIONAL COURSES AND SEMINARS, AND FACILITATING NEW MEMBER RECRUITMENT AND CONFERENCE DEVELOPMENT. 334163 SOUTH ASIA 1 14 PROGRAM SERVICES ASME, THROUGH INDEPENDENT CONTRACTORS, ENGAGES IN THE MARKETING AND PROMOTION OF ASME STANDARDS, CONFORMITY ASSESSMENT PROGRAMS, TRAINING PROGRAMS, JOURNALS, CONFERENCE PROCEEDINGS, BOOKS AND OTHER PUBLICATION AND PROMOTES MEMBERSHIP IN ASME. 438138 2 16 0 0 2 16 772301 0 772301 1 0 1 0 0 1 PART I, LINE 3: THE EXPENDITURES IN PART I, LINE 3, COLUMN (F) ARE REPORTED ON AN ACCRUAL BASIS. PART III ACCOUNTING METHOD: 0 THE ASME FOUNDATION INC TWO PARK AVENUE NEW YORK NY 10016 133372934 501(C)(3) 2378050 0 MISSION-DRIVEN PROGRAMS 1 PART I, LINE 2: THERE IS A COMMITTEE OF VOLUNTEERS THAT PROVIDES OVERSIGHT IN EACH SECTOR WHERE A GRANT HAS BEEN AWARDED. THESE COMMITTEES HAVE STAFF AND VOLUNTEER EXPERTS IN THE FIELD WHERE THE GRANT FUNDS ARE BEING USED. DUE TO THE RELATIONSHIP BETWEEN ASME AND THE ASME FOUNDATION, INC. ASME HAS SUBSEQUENT OVERSIGHT AS TO HOW GRANTS ARE USED. X 1 1 X X X X X 0 1 0 0 0 0 0 0 0 THOMAS COSTABILE EXECUTIVE DIRECTOR/CEO 540972 0 362457 0 70637 0 52535 0 35970 0 1062571 0 0 0 JEFFREY PATTERSON CHIEF OPERATING OFFICER 418984 0 225000 0 12329 0 19972 0 29869 0 706154 0 0 0 MICHAEL JOHNSON CHIEF STRATEGY OFFICER 414415 0 235000 0 37973 0 17400 0 777 0 705565 0 0 0 WILLIAM GAROFALO CHIEF FINANCIAL OFFICER 425356 0 230000 0 23840 0 20300 0 0 0 699496 0 0 0 JOHN DELLI VENNERI GENERAL COUNSEL 375763 0 205000 0 5826 0 23200 0 40903 0 650692 0 0 0 KEITH BLOESCH MANAGING DIRECTOR 286980 0 108147 0 970 0 20300 0 13075 0 429472 0 0 0 PHILIP DIVIETRO MANAGING DIRECTOR 247912 0 110000 0 26606 0 21937 0 22124 0 428579 0 0 0 JOSH HEITSENRETHER MANAGING DIRECTOR 259827 0 115000 0 901 0 17064 0 30675 0 423467 0 0 0 KATHLEEN LOBB MANAGING DIRECTOR 263954 0 99674 0 7493 0 14380 0 16497 0 401998 0 0 0 ALLIAN PRATT MANAGING DIRECTOR 224177 0 100000 0 21893 0 20532 0 31130 0 397732 0 0 0 PART I, LINE 1A ASME PAID FOR THE SOCIAL CLUB DUES FOR THE ASSISTANT SECRETARY. THIS BENEFIT WAS NOT TAXABLE TO THE RECIPIENTS. PART I, LINE 4B ASME MAINTAINS A SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLAN. THE FOLLOWING INDIVIDUAL PARTICIPATED IN THE PLAN DURING 2021, WITH THE AMOUNT REPORTED IN SCHEDULE J, PART II, COLUMN (C): THOMAS COSTABILE: $35,135 FORM 990, PART VI, SECTION A, LINE 6 ASME IS A MEMBERSHIP ORGANIZATION AND HAS NO STOCKHOLDERS. FORM 990, PART VI, SECTION A, LINE 7A ASME'S MEMBERS ELECT MEMBERS OF THE ASME BOARD OF GOVERNORS. FORM 990, PART VI, SECTION A, LINE 7B DECISIONS BY THE GOVERNING BODY TO CHANGE THE ASME CONSTITUTION ARE SUBJECT TO APPROVAL BY MEMBERS. FORM 990, PART VI, SECTION B, LINE 11B THE ASME FORM 990 AND SUPPORTING SCHEDULES ARE PREPARED BY AN INDEPENDENT ACCOUNTING FIRM AND SUBMITTED TO MANAGEMENT FOR REVIEW. ALL REVIEW NOTES ARE CLEARED, AND CHANGES ARE MADE. AT THE END OF THE REVIEW PERIOD, THE DRAFT 990 IS MADE AVAILABLE TO THE ASME BOARD OF GOVERNORS (BOG). WHEN THE BOG REVIEW PERIOD IS OVER, THE 990 IS PROVIDED TO ASME'S INDEPENDENT ACCOUNTING FIRM FOR ELECTRONIC FILING BY THE DUE DATE. FORM 990, PART VI, SECTION B, LINE 12C ASME HAS ADOPTED A CONFLICT OF INTEREST POLICY WHICH APPLIES TO BOARD MEMBERS, OFFICERS, COMMITTEE MEMBERS AND KEY EMPLOYEES OF ASME. ON AN ANNUAL BASIS, INDIVIDUALS COVERED UNDER THE CONFLICT OF INTEREST POLICY ARE REQUIRED TO COMPLETE AND SIGN A STATEMENT THAT HE OR SHE IS IN COMPLIANCE WITH THE POLICY. IF A CONFLICT IS IDENTIFIED, THE INDIVIDUAL WITH SUCH CONFLICT IS PROHIBITED FROM PARTICIPATION IN THE DELIBERATIONS AND DECISIONS IN THE TRANSACTION. THE AUDIT COMMITTEE OVERSEES THE IMPLEMENTATION OF, AND COMPLIANCE WITH, THE CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION B, LINE 15A THE PROCESS FOR DETERMINING THE COMPENSATION OF THE EXECUTIVE DIRECTOR/CEO INCLUDES A REVIEW BY AN INDEPENDENT COMPENSATION CONSULTANT OF COMPARABILITY DATA, INCLUDING COMPENSATION SURVEYS AND FORM 990 DATA FROM SIMILAR ORGANIZATIONS. THIS DATA IS THEN PROVIDED TO THE EXECUTIVE DIRECTOR EVALUATION AND STAFF COMPENSATION COMMITTEE (EDESC), A COMMITTEE COMPRISED OF INDEPENDENT DIRECTORS, WHO EVALUATE THE DATA AND MAKE A SALARY RECOMMENDATION TO THE BOARD OF GOVERNORS. THE FINAL SALARY DECISION, BASED ON THE RECOMMENDATION OF THE EDESC, IS APPROVED BY THE BOARD OF GOVERNORS. ASME'S CORPORATE COUNSEL CONTEMPORANEOUSLY DOCUMENTS THE DECISION AND THE RATIONALE OF THE DECISION. FORM 990, PART VI, SECTION C, LINE 19 THE ASME CONSTITUTION, BY-LAWS, SOCIETY POLICIES INCLUDING THE CONFLICT OF INTEREST POLICY, AND THE ASME ANNUAL REPORT CAN BE FOUND ON THE ASME WEBSITE. FORM 990, PART XI, LINE 9: OTHER CHANGES 0. PENSION ADJUSTMENTS 450,657. 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