2025-04-17T10:54:40-05:00 2024-06-30 320043599 LEGACY PROFESSIONALS LLP 4 WESTBROOK CORPORATE CTR STE 700 WESTCHESTER IL 60154 990 2023-07-01 132938753 AMERICAN SOCIETY OF HOME INSPECTORS AMER 8477592820 1415 WEST 22ND ST TOWER FLOOR OAK BROOK IL 60523 JAMES THOMAS EXECUTIVE DIRECTOR 8477592820 2025-04-17 1 1 CHRISTINE V ERNST P01725863 3123680500 2025-04-16 2023 2025-03-06 01:10:19Z JAMES THOMAS 1415 WEST 22ND ST TOWER FLOOR OAK BROOK IL 60523 3315998 0 X WWW.ASHI.ORG X 1976 IL TO MEET THE NEEDS OF ITS MEMBERSHIP AND PROMOTE EXCELLENCE AND EXEMPLARY PRACTICE WITHIN THE PROFESSION. 14 11 24 39 22322 0 0 0 2620528 1944929 18475 77060 37804 55017 2676807 2077006 0 0 0 0 1618721 1206780 0 0 0 1541150 1010502 3159871 2217282 -483064 -140276 2245901 2129299 524856 465298 1721045 1664001 THE PURPOSE OF ASHI IS TO SERVE THE NEEDS OF ITS MEMBERSHIP AND THE GENERAL PUBLIC THROUGH EDUCATION, RESEARCH, AND EXEMPLARY PRACTICE IN THE HOME INSPECTION PROFESSION. 0 0 ASHI HELPS BUILD HOME BUYERS' AWARENESS ON THE IMPORTANCE OF A QUALITY HOME INSPECTION. ASHI ALSO PROVIDES THE PUBLIC WITH INFORMATION CONCERNING LEGISLATIVE COMPLIANCE WITH ISSUES ON REGULATIONS. THE ANNUAL CONFERENCE EDUCATES MEMBERS AND NON-MEMBERS ABOUT DEVELOPMENTS IN THE HOME SECTION INDUSTRY. THE CONFERENCE PROVIDES A FORUM FOR INDIVIDUALS TO EXCHANGE IDEAS ON INDUSTRY PRACTICE. ASHI OFFERS EDUCATION AND TRAINING TO PROSPECTIVE HOME INSPECTORS TO PROVIDE THE STUDENTS WITH THE KNOWLEDGE AND BUSINESS TECHNIQUES TO BE SUCCESSFUL IN HOME INSPECTIONS. ADDITIONALLY, ASHI OFFERS CONTINUING EDUCATION COURSES FOR CURRENT HOME INSPECTORS TO MAINTAIN STANDARDS ON HOME INSPECTION, PROFESSIONALISM, AND HOME INSPECTION ETHICS. 0 0 1 1 0 0 0 0 0 1 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 8 0 1 24 1 1 1 0 0 0 0 0 0 0 X 14 11 0 0 0 1 1 1 0 1 1 0 1 1 1 1 1 1 1 1 1 0 0 X JAMES THOMAS 8477592820 1415 WEST 22ND ST TOWER FLOOR OAK BROOK IL 60523 JOHN WESSLING IMMEDIATE PAST PRESEDENT - PAST 1.00 X 0 0 0 LISA ALAJAJIAN GIROUX PRESIDENT -PAST, IMMEDIATE PAST PRESIDENT - NEW 1.00 X X 35000 0 0 MARK GOODMAN PRESIDENT-ELECT - PAST, PRESIDENT - NEW 1.00 X X 21000 0 0 SCOTT JOHNSON SECRETARY - PAST, PRESIDENT-ELECT - NEW 1.00 X X 1500 0 0 JEFFREY LEIGHTON DIRECTOR - PAST 1.00 X 0 0 0 KYLE ROGERS DIRECTOR - PAST, SECRETARY - NEW 1.00 X X 0 0 0 VINCE TEECE DIRECTOR - PAST, TREASURER - NEW 1.00 X X 0 0 0 ROBERT GUYER DIRECTOR 1.00 X 0 0 0 BRYCK GUIBOR TREASURER - PAST 1.00 X 0 0 0 ROD BEACHAM DIRECTOR 1.00 X 0 0 0 JOHN CORDELL DIRECTOR 1.00 X 0 0 0 CHARLES GIFFORD DIRECTOR 1.00 X 0 0 0 ROGER HERDT DIRECTOR 1.00 X 0 0 0 PAUL STARON DIRECTOR 1.00 X 0 0 0 ROD BERNING DIRECTOR- NEW 1.00 X 0 0 0 HARRY MORELL DIRECTOR - NEW 1.00 X 0 0 0 ROBERT ROBINSON DIRECTOR - NEW 1.00 X 0 0 0 JAMES THOMAS EXECUTIVE DIRECTOR 40.00 X 157044 0 19811 214544 0 19811 1 0 1 0 0 MEMBERSHIP DUES 541900 1791354 1791354 TUITION 611519 126410 126410 ADVERTISING 541800 22322 22322 CLASS FEES 611430 4843 4843 1944929 31321 31321 29956 29956 859731 425000 871328 367664 -11597 57336 45739 45739 MISCELLANEOUS 900099 25061 25061 25061 2077006 1922607 22322 132077 249641 770202 12205 93520 81212 49758 37322 6029 156144 1779 69264 99328 41978 27355 33155 55293 76912 LOSS DUE TO THEFT 137010 MEMBERSHIP RETENTION AN 130933 PRINTING 39211 INSTRUCTOR COSTS 33296 15735 2217282 560416 181305 178961 349282 29226 860 40581 56074 974218 421460 695234 552758 701629 949166 39854 39854 2245901 2129299 132570 115671 392286 349627 524856 465298 X 1721045 1664001 1721045 1664001 2245901 2129299 -140276 83232 0 X 0 1 X 1 0 0 1 0 PART I-A, LINE 1: THE ORGANIZATION ESTABLISHED AN IRS SECTION 527 PAC FUND THAT HAS NOW BEEN INACTIVE FOR SEVERAL YEARS. THE ORIGINAL PURPOSE OF THE FUND IS TO PROVIDE SUPPORT TO STATE AND LOCAL POLITICAL CANDIDATES WHOSE IDEALS ARE CONSISTENT WITH THOSE OF THE ORGANIZATION. 29779 24213 5566 944439 397247 547192 552758 X PART X, LINE 2: ASHI IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE, EXCEPT FOR TAXES IMPOSED ON UNRELATED BUSINESS INCOME AFTER RELATED EXPENSES. ASHI EARNS UNRELATED BUSINESS INCOME FROM ADVERTISING WITHIN MULTIPLE PUBLICATIONS. FOR THE YEAR ENDED JUNE 30, 2024 ASHI HAS NO TAX OR PREPAID EXPENSE. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE THE ORGANIZATIONS TO EVALUATE TAX POSITIONS TAKEN BY THE ORGANIZATIONS AND RECOGNIZE A TAX LIABILITY IF THE ORGANIZATIONS HAVE TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY TAX AUTHORITIES. THE ORGANIZATIONS ARE SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. X X 0 0 0 JAMES THOMAS EXECUTIVE DIRECTOR 157044 0 0 0 0 0 8190 0 11621 0 176855 0 0 0 FORM 990, PART VI, SECTION A, LINE 5 DURING THE YEAR ENDED JUNE 30, 2024, ASHI DETERMINED THROUGH ITS MONTH END PROCEDURES THAT FRAUDULENT EXPENSE TRANSACTIONS TOTALING APPROXIMATELY $137,000 HAD OCCURRED. SUBSEQUENT TO YEAR END, THERE WAS AN ADDITIONAL $26,500 IN FRAUDULENT EXPENSE TRANSACTIONS. ASHI IS IN THE PROCESS OF SUBMITTING APPLICABLE REPORTS WITH ITS INSURANCE BROKER REGARDING THE CRIMINAL ACTIVITY AND PURSUING REIMBURSEMENT. THE CLAIM WAS SUCCESSFULLY FILED AND REVIEWED. THE INSURANCE BROKER ISSUED A CHECK FOR THE FULL AMOUNT TO ASHI IN 2025. FORM 990, PART VI, SECTION A, LINE 6 MEMBERSHIP CONSISTS OF INDIVIDUALS IN THE HOME INSPECTION INDUSTRY. FORM 990, PART VI, SECTION A, LINE 7A MEMBERSHIP ANNUALLY ELECTS BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WAS PROVIDED TO THE BOARD PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C AT THE BEGINNING OF EACH BOARD MEETING, ALL MEMBERS ARE ASKED TO DIVULGE ANY CONFLICTS OF INTEREST BEFORE ITEMS ARE DISCUSSED. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE DIRECTOR EVALUATION COMMITTEE WHICH CONSISTS OF THE IMMEDIATE PAST PRESIDENT, PRESIDENT, VICE-PRESIDENT, TREASURER AND ONE SENIOR BOARD MEMBER ELECTED DETERMINES COMPENSATION FOR THE EXECUTIVE DIRECTOR BASED ON SALARY STUDIES OF OTHER SIMILAR ORGANIZATIONS. COMPENSATION IS DOCUMENTED IN THE BOARD COMMITTEE MINUTES. FORM 990, PART VI, SECTION C, LINE 19 BY-LAWS ARE AVAILABLE ON THE MEMBER'S ONLY PORTION OF THE WEBSITE. FINANCIAL STATEMENTS ARE PROVIDED TO THE BOARD ON A QUARTERLY BASIS AND TO THE FINANCE COMMITTEE, THE BOARD, AND TO MEMBERSHIP AT ITS ANNUAL MEETING. THE CONFLICT OF INTEREST POLICY IS AVAILABLE BASED ON DISCRETION OF COUNSEL IF REQUESTED. FORM 990, STATE OF LEGAL DOMICILE: AS OF JANUARY 29, 2025 THE AMERICAN SOCIETY OF HOME INSPECTORS, INC MERGED ITS STATE OF INCORPORATION AND IS NOW INCORPORATED IN THE STATE OF ILLINOIS. THE ASHI FOUNDATION 932 LEE STREET DES PLAINES IL 60016 272528448 SUPPORTING EDUCATIONAL AND RESEARCH PROGRAMS IN CONJUNCTION WITH ASHI IL 501(C) (3) LINE 7 AMERICAN SOCIETY OF HOME INSPECTORS 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0