Nonprofit · EIN 13-1623899
AMERICAN SOCIETY OF MECHANICAL ENGINEERS
Tax-exempt · NEW YORK, NY 10016
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $136,989,570 | $124,281,041 | $12,708,529 | $227,895,489 | $60,118,232 | $167,777,257 |
| June 30, 2024 | 990 | $136,701,086 | $152,496,058 | -$15,794,972 | $226,598,178 | $81,586,516 | $145,011,662 |
| June 30, 2023 | 990 | $160,466,638 | $130,099,497 | $30,367,141 | $250,705,240 | $100,734,352 | $149,970,888 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $1,278,312
- Program service revenue
- $61,985,460
- Investment income
- $10,302,774
- Royalties
- $47,871,088
- Net rental income
- $11,118
- Net gain from sales of assets
- $4,645,041
- Net income from sales of inventory
- $15,141,336
- Other revenue
- $63,423,024
Expenses
- Grants and similar amounts paid
- $1,850,185
- Compensation of officers, directors and key employees
- $8,284,316
- Other salaries and wages
- $42,615,579
- Salaries, compensation and benefits (total)
- $71,779,340
- Professional fundraising fees
- $41,889
- Legal fees
- $2,792,794
- Accounting fees
- $250,220
- Occupancy
- $134,765
- Travel
- $4,124,754
- Depreciation
- $2,572,343
- Program services (functional)
- $87,648,785
- Management and general (functional)
- $36,590,367
- Fundraising (functional)
- $41,889
Balance sheet and other
- Total assets, start of year
- $226,598,178
- Total assets, end of year
- $227,895,489
- Total liabilities, end of year
- $60,118,232
- Net assets, end of year
- $167,777,257
- Land, buildings and equipment
- $3,511,076
- Publicly traded securities
- $178,781,975
- Net assets without donor restrictions
- $167,297,857
- Net assets with donor restrictions
- $479,400
- Gross unrelated business income
- $844,510
- Gross receipts
- $141,820,157
- Employees
- 396
- Volunteers
- 6,322
- Year formed
- 1880
- State of legal domicile
- NY
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| THOMAS COSTABILE | EXECUTIVE DIRECTOR/CEO Officer | 40 | $1,546,335 | $542,431 |
| WILLIAM GAROFALO | CHIEF FINANCIAL OFFICER Officer | 40 | $1,006,980 | $27,600 |
| MICHAEL JOHNSON | CHIEF STRATEGY OFFICER Key employee | 40 | $949,939 | $21,348 |
| JOHN DELLI VENNERI | ASST SECRETARY (EXITING)/GEN COUNSEL Officer | 40 | $837,423 | $69,375 |
| JEFFREY PATTERSON | CHIEF OPERATING OFFICER Key employee | 40 | $751,528 | $56,099 |
| CHANDRA CLOUDEN | CHIEF HR OFFICER Key employee | 40 | $672,499 | $46,990 |
| ALLIAN PRATT | ASST SEC (INCUMB)/CHF LEAD ENGAG OFF Officer | 40 | $637,243 | $66,550 |
| KEITH BLOESCH | CHIEF INFORMATION OFFICER Key employee | 40 | $507,822 | $27,600 |
| JOSH HEITSENRETHER | SR. MD, MARKETING & DIGITAL STRATEGY Highest-paid employee | 40 | $457,161 | $63,149 |
| STEVE PAPAGANERES | MANAGING DIRECTOR, FINANCE Highest-paid employee | 40 | $446,695 | $69,151 |
| THOMAS MEEHAN | CONTROLLER Highest-paid employee | 40 | $440,517 | $66,599 |
| ANAND SETHUPATHY | CHIEF STRATEGY OFFICER Key employee | 40 | $437,704 | $60,849 |
| ROBERT KARMELICH | SR. MD, CORP SALES & CUSTOMER CARE Highest-paid employee | 40 | $388,340 | $59,277 |
| CHRISTOPHER CANTRELL | SR. MD, STANDARDS ENGINEERING SVCS Highest-paid employee | 40 | $389,942 | $21,656 |
| LESTER SU | PRESIDENT (INCUMBENT)/MEMBER Trustee or director, Officer | 4 | $0 | $0 |
16 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SUSAN IPRI-BROWN | PRESIDENT (EXITING)/MEMBER Trustee or director, Officer | 4 | $0 |
| ALMA FALLON | MEMBER AT LARGE Trustee or director | 4 | $0 |
| CARLOS BEATTY JR | MEMBER AT LARGE (BEGIN 6/8/25) Trustee or director | 4 | $0 |
| DAVID SCHLESINGER | MEMBER AT LARGE Trustee or director | 4 | $0 |
| JANIS TERPENNY | MEMBER AT LARGE Trustee or director | 4 | $0 |
| JARED OEHRING | MEMBER AT LARGE (END 6/8/25) Trustee or director | 4 | $0 |
| KATHRYN JABLOKOW | MEMBER AT LARGE Trustee or director | 4 | $0 |
| MONICA MOMAN-SAUNDERS | MEMBER AT LARGE Trustee or director | 4 | $0 |
| NELIA MAZULA | MEMBER AT LARGE (BEGIN 6/8/25) Trustee or director | 4 | $0 |
| NICOLE DYESS | MEMBER AT LARGE Trustee or director | 4 | $0 |
| PARISA SABOORI | MEMBER AT LARGE (BEGIN 6/8/25) Trustee or director | 4 | $0 |
| PATRICK VIETH | MEMBER AT LARGE (END 6/8/25) Trustee or director | 4 | $0 |
| SCOTT SMITH | MEMBER AT LARGE (BEGIN 6/8/25) Trustee or director | 4 | $0 |
| THOMAS R KURFESS | MEMBER AT LARGE (END 6/8/25) Trustee or director | 4 | $0 |
| WILLIAM KING | MEMBER AT LARGE Trustee or director | 4 | $0 |
| TARA MCMAHAN | SECRETARY & TREASURER Officer | 4 | $0 |
990 for the year ended June 30, 2024: 28 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| THOMAS COSTABILE | EXECUTIVE DIRECTOR/CEO Officer | 40 | $1,452,049 | $853,606 |
| WILLIAM GAROFALO | CHIEF FINANCIAL OFFICER Officer | 40 | $981,550 | $26,400 |
| MICHAEL JOHNSON | CHIEF STRATEGY OFFICER Key employee | 40 | $945,215 | $20,496 |
| JOHN DELLI VENNERI | GENERAL COUNSEL Officer | 40 | $809,120 | $67,693 |
| JEFFREY PATTERSON | CHIEF OPERATING OFFICER Key employee | 40 | $727,109 | $56,641 |
| CHANDRA CLOUDEN | CHIEF HR OFFICER Key employee | 40 | $641,818 | $38,157 |
| ALLIAN PRATT | CHIEF LEADERSHIP ENGAGEMENT OFFICER Highest-paid employee | 40 | $614,440 | $59,866 |
| JOSH HEITSENRETHER | SR. MANAGING DIRECTOR Highest-paid employee | 40 | $442,356 | $60,091 |
| STEVE PAPAGANERES | MANAGING DIRECTOR, FINANCE Highest-paid employee | 40 | $430,425 | $63,161 |
| KEITH BLOESCH | SR. MANAGING DIRECTOR Highest-paid employee | 40 | $454,385 | $26,400 |
| THOMAS MEEHAN | CONTROLLER Highest-paid employee | 40 | $416,004 | $63,391 |
| ALMA FALLON | MEMBER AT LARGE (START 7/1/23) Trustee or director | 4 | $0 | $0 |
| ANDREW BICOS | MEMBER AT LARGE (END 6/3/24) Trustee or director | 4 | $0 | $0 |
| DAVID SCHLESINGER | MEMBER AT LARGE Trustee or director | 4 | $0 | $0 |
| JANIS TERPENNY | MEMBER AT LARGE (START 6/3/24) Trustee or director | 4 | $0 | $0 |
| JARED OEHRING | MEMBER AT LARGE Trustee or director | 4 | $0 | $0 |
| KATHRYN JABLOKOW | MEMBER AT LARGE Trustee or director | 4 | $0 | $0 |
| LESTER SU | MEMBER AT LARGE (START 6/3/24) Trustee or director | 4 | $0 | $0 |
| MONICA MOMAN-SAUNDERS | MEMBER AT LARGE Trustee or director | 4 | $0 | $0 |
| NICOLE DYESS | MEMBER AT LARGE (START 6/3/24) Trustee or director | 4 | $0 | $0 |
| PATRICK VIETH | MEMBER AT LARGE Trustee or director | 4 | $0 | $0 |
| SAMUEL KORELLIS | MEMBER AT LARGE (END 6/3/24) Trustee or director | 4 | $0 | $0 |
| SUSAN IPRI-BROWN | PRESIDENT (INCUMBENT)/MEMBER Trustee or director, Officer | 4 | $0 | $0 |
| THOMAS GARDNER | MEMBER AT LARGE (END 6/3/24) Trustee or director | 4 | $0 | $0 |
| THOMAS R KURFESS | PRESIDENT (EXITING)/MEMBER Trustee or director, Officer | 4 | $0 | $0 |
| WILLIAM KING | MEMBER AT LARGE (START 6/3/24) Trustee or director | 4 | $0 | $0 |
| WOLF YEIGH | MEMBER AT LARGE (END 6/3/24) Trustee or director | 4 | $0 | $0 |
| TARA MCMAHAN | SECRETARY/TREASURER (START 10/11/23) Officer | 4 | $0 | $0 |
990 for the year ended June 30, 2023: 26 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| THOMAS COSTABILE | EXECUTIVE DIRECTOR/CEO Officer | 40 | $1,059,774 | $119,958 |
| MICHAEL JOHNSON | CHIEF STRATEGY OFFICER Key employee | 40 | $748,639 | $19,027 |
| JEFFREY PATTERSON | CHIEF OPERATING OFFICER Key employee | 40 | $712,337 | $54,426 |
| WILLIAM GAROFALO | CHIEF FINANCIAL OFFICER Officer | 40 | $726,097 | $22,292 |
| JOHN DELLI VENNERI | GENERAL COUNSEL Officer | 40 | $608,663 | $69,226 |
| KEITH BLOESCH | SR. MANAGING DIRECTOR Highest-paid employee | 40 | $481,650 | $21,425 |
| PHILIP DIVIETRO | MANAGING DIRECTOR Highest-paid employee | 40 | $453,383 | $45,058 |
| ALLIAN PRATT | CHIEF LEADERSHIP ENGAGEMENT OFFICER Highest-paid employee | 40 | $438,963 | $57,179 |
| JOSH HEITSENRETHER | SR. MANAGING DIRECTOR Highest-paid employee | 40 | $431,941 | $54,979 |
| CHANDRA CLOUDEN | CHIEF HR OFFICER Highest-paid employee | 40 | $450,112 | $31,830 |
| ANDREW BICOS | MEMBER AT LARGE Trustee or director | 4 | $0 | $0 |
| DAVE SCHLESINGER | MEMBER AT LARGE (START 6/5/23) Trustee or director | 4 | $0 | $0 |
| JARED OEHRING | MEMBER AT LARGE Trustee or director | 4 | $0 | $0 |
| KATHRYN JABLOKOW | MEMBER AT LARGE (START 6/5/23) Trustee or director | 4 | $0 | $0 |
| MAHANTESH HIREMATH | PAST PRESIDENT (END 6/5/23) Trustee or director | 4 | $0 | $0 |
| MONICA MOMAN-SAUNDERS | MEMBER AT LARGE (START 6/5/23) Trustee or director | 4 | $0 | $0 |
| PATRICK VIETH | MEMBER AT LARGE Trustee or director | 4 | $0 | $0 |
| PAUL D STEVENSON | MEMBER AT LARGE (END 6/5/23) Trustee or director | 4 | $0 | $0 |
| RICHARD MARBOE | MEMBER AT LARGE (END 6/5/23) Trustee or director | 4 | $0 | $0 |
| SAMUEL KORELLIS | MEMBER AT LARGE Trustee or director | 4 | $0 | $0 |
| SUSAN IPRI-BROWN | MEMBER AT LARGE Trustee or director | 4 | $0 | $0 |
| THOMAS GARDNER | MEMBER AT LARGE Trustee or director | 4 | $0 | $0 |
| WOLF YEIGH | MEMBER AT LARGE Trustee or director | 4 | $0 | $0 |
| KAREN J OHLAND | PRESIDENT (END 6/5/23) Trustee or director, Officer | 4 | $0 | $0 |
| THOMAS R KURFESS | PRESIDENT (START 6/5/23) Trustee or director, Officer | 4 | $0 | $0 |
| JOHN GOOSSEN | SECRETARY-TREASURER (END 5/3/23) Officer | 4 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 2 PARK AVE, NEW YORK, NY 10016-5675
- In care of
- % THOMAS MEEHAN CONTROLLER
- Principal officer (990 for 2024)
- THOMAS COSTABILE, TWO PARK AVENUE, NEW YORK, NY 10016
- Signed the 990
- WILLIAM GAROFALO, CHIEF FINANCIAL OFFICER
- Phone
- (212) 591-7000
- Website
- WWW.ASME.ORG
- Return prepared by
- DELOITTE TAX LLP
Mission
THE MISSION OF THE AMERICAN SOCIETY OF MECHANICAL ENGINEERS ("ASME") IS TO ADVANCE ENGINEERING FOR THE BENEFIT OF HUMANITY.
Program accomplishments
- 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.Expenses $23,582,741 · grants $1,850,185 · revenue $11,911,896
- 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 $14,730,201 · revenue $53,036,331
- 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 $19,035,750 · revenue $39,078,013
- 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 $14,494,212 · revenue $10,870,691
- PROGRAMS- ASME HOSTS CONFERENCES AND WORKSHOPS TO HELP IDENTIFY EMERGING ISSUES OF INTEREST TO MEMBERS AND THE ENGINEERING PROFESSION AT LARGE.Expenses $846,932
- LEARNING & DEVELOPMENT- ASME PROVIDES CONTINUING EDUCATION COURSES FOR ENGINEERING AND THE TECHNICAL WORKFORCE.Expenses $8,079,573 · revenue $5,779,976
- 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 $3,664,877 · revenue $2,540,748
- MISC./OTHER PROGRAMSExpenses $3,214,499 · revenue $1,969,071
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 13-1623899
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1991
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Science and technology (U030)
- Assets (IRS master file)
- $227,895,489
- Income (IRS master file)
- $141,820,157
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $136,989,570 | $124,281,041 | $227,895,489 | IRS |
| 990-T | June 2025 | – | – | – | IRS |
| 990 | June 2024 | $136,701,086 | $152,496,058 | $226,598,178 | IRS |
| 990-T | June 2024 | – | – | – | IRS |
| 990 | June 2023 | $160,466,638 | $130,099,497 | $250,705,240 | XML |
| 990-T | June 2023 | – | – | – | IRS |
| 990 | June 2022 | $115,160,921 | $98,210,814 | $168,830,284 | IRS |
| 990-T | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990-T | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 13-1623899).
Questions about AMERICAN SOCIETY OF MECHANICAL ENGINEERS
- What is the EIN of AMERICAN SOCIETY OF MECHANICAL ENGINEERS?
- The employer identification number (EIN) of AMERICAN SOCIETY OF MECHANICAL ENGINEERS is 13-1623899.
- Is AMERICAN SOCIETY OF MECHANICAL ENGINEERS tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1991.
- Are donations to AMERICAN SOCIETY OF MECHANICAL ENGINEERS tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does AMERICAN SOCIETY OF MECHANICAL ENGINEERS file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of AMERICAN SOCIETY OF MECHANICAL ENGINEERS due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did AMERICAN SOCIETY OF MECHANICAL ENGINEERS last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of AMERICAN SOCIETY OF MECHANICAL ENGINEERS?
- The 990 for the year ended June 30, 2025 names THOMAS COSTABILE.
- Who are the officers and directors of AMERICAN SOCIETY OF MECHANICAL ENGINEERS?
- The 990 for the year ended June 30, 2025 lists 31 people; 14 received compensation from the organization, the highest $1,546,335 (THOMAS COSTABILE, EXECUTIVE DIRECTOR/CEO).
- How much revenue does AMERICAN SOCIETY OF MECHANICAL ENGINEERS have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $136,989,570, expenses of $124,281,041 and total assets of $227,895,489 at year end.
Other nonprofits in NEW YORK
- RENAISSANCE PHILANTHROPY FUND EIN 99-1953380 · last filed 990 for 2025
- ASSOCIATION FOR COMPUTING MACHINERY INC EIN 13-1921358 · last filed 990 for 2025
- SCRATCH FOUNDATION EIN 46-2612143 · last filed 990 for 2024
- NEW YORK STRUCTURAL BIOLOGY CENTER INC EIN 13-4043587 · last filed 990 for 2024
- PROJECT LIBERTY INSTITUTE EIN 87-3213298 · last filed 990 for 2025
- EMPIRE AI CONSORTIUM EIN 99-4209088 · last filed 990 for 2025
- EXPLORERS CLUB EIN 13-1866795 · last filed 990 for 2025
- WORLD SCIENCE FOUNDATION EIN 43-2095418 · last filed 990 for 2025
All nonprofits in NEW YORK · New York · Science and technology