American Society of Heating Refrigerating & A-c Engineers

Nonprofit profile at a glance

EIN
237366206
IRS 990-EZ coverage
2023–2024
Forms available
Form 990-EZ 2024, Form 990-N 2021
Location
Albany, NY, USA
Rating
78
Verdict
SUPPORTED
Rating confidence
Moderate

Reported finances

Revenue
$99,728
Expenses
$124,207
Assets
$86,906

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

4 people listed

Executive titles in this filing

  • John Thomas (President)
  • Joe Lettko (President Elect and Vice President)

People named in this filing

  • John Thomas (President)
  • Joe Lettko (President Elect and Vice President)
  • Kevin Frega (Treasurer)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The objects of the Chapter are exclusively scientific and educational and include but are not limited to: a the advancement of the sciences of heating refrigerating and air-conditioning engineering and related sciences; b the continuing education of the members and other interested persons in said sciences through lectures demonstrations and publications; c the rendering of career guidance and financial assistance to students of the sciences; and d the encouragement of scientific research.

What it reported doing in 2024

The Northeast chapter of ASHRAE hosted the Region 1 2024 Chapters regional conference CRC which is an event which rotates each year through the chapters of ASHRAE Region 1 Northeast United States. During this event representatives of the other chapters in Region 1 meet to discuss ASHRAE region & society business train new and upcoming board members and train attendees to the conference on HVAC R related topics. The chapter provides ASHRAE branded backpacks notebooks and other materials to attendees of the conference representing the expenses associated with the event. Approximately 150 attendees come to this event from the Northeast United States and other parts of the country to represent ASHRAE.

Operating model

Revenue model
Earned-program. 64% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 91% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 84
  • Transparency & Controls: 82
  • Sustainability: 27
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 91.3%; rating input score 91
  • Program expense ratio: 73.2%; rating input score 73

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -24.5%; rating input score 21; 21st percentile among comparable filings
  • Total-asset coverage ratio: 0.7; rating input score 37; 37th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 81.7% per year; rating input score 100; 96th percentile among comparable filings
  • Revenue growth: -1% per year; rating input score 0; 47th percentile among comparable filings
  • Asset growth: -24.7% per year; rating input score 0; 8th percentile among comparable filings

Details

  • Where the money goes: 91.3% of revenue deployed · 73.2% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments · $91K in reported program spending
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 2 filing years from 2023 to 2024
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Sustainability: Operating margin scored 21/100.
  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 37/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.