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Nonprofit · EIN 36-2938004

ASA EDUCATION FOUNDATION INC

Tax-exempt · ITASCA, IL 60143

Financials

$420K$1.4M2023$1.5M$1.3M2024
Revenue Expenses · by fiscal year end
Financials of ASA EDUCATION FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,473,135$1,293,329$179,806$14,660,447$178,710$14,481,737
December 31, 2023990$420,043$1,381,693-$961,650$13,796,537$48,766$13,747,771
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$12,650
Program service revenue
$450,291
Investment income
$1,010,194
Net gain from sales of assets
$204,008
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$308,403
Other salaries and wages
$376,818
Salaries, compensation and benefits (total)
$816,000
Professional fundraising fees
$0
Legal fees
$840
Accounting fees
$10,300
Occupancy
$36,000
Travel
$18,154
Depreciation
$637
Program services (functional)
$891,477
Management and general (functional)
$353,353
Fundraising (functional)
$48,499

Balance sheet and other

Total assets, start of year
$13,796,537
Total assets, end of year
$14,660,447
Total liabilities, end of year
$178,710
Net assets, end of year
$14,481,737
Land, buildings and equipment
$806
Publicly traded securities
$14,326,628
Net assets without donor restrictions
$43,661
Net assets with donor restrictions
$14,438,076
Gross receipts
$2,427,388
Employees
0
Volunteers
18
Year formed
1977
State of legal domicile
IL

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 December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
MICHAEL ADELIZZISECRETARY (NON-VOTING)
Trustee or director, Officer
5$0$379,960$38,409
TAYLOR ALBANOASA STAFF LIAISON (NON-VOT
Officer
40$0$165,109$16,592
STEVE EDWARDSRECRUITMENT MARKETING DIRECTOR
Highest-paid employee
40$0$105,474$37,489
MICHAEL KELLERCHAIRPERSON
Trustee or director, Officer
5$0$0$0
PATRICK AQUINOCHAIRPERSON-ELECT
Trustee or director, Officer
5$0$0$0
REBECCA FALISHPAST CHAIRPERSON
Trustee or director, Officer
5$0$0$0
TODD RESTELTREASURER
Trustee or director, Officer
5$0$0$0
BRENDA CASHDOLLARTRUSTEE
Trustee or director
1$0$0$0
DEBORAH GORRATRUSTEE
Trustee or director
1$0$0$0
KAMNA GUPTATRUSTEE
Trustee or director
1$0$0$0
KARLA NEUPERT HOCKLEYTRUSTEE
Trustee or director
1$0$0$0
GARY JONESTRUSTEE
Trustee or director
1$0$0$0
SAMANTHA KOWALSKITRUSTEE
Trustee or director
1$0$0$0
KATRINA LALLOTRUSTEE
Trustee or director
1$0$0$0
RUTH MARTINTRUSTEE
Trustee or director
1$0$0$0
5 more people on this return
NameTitleHours / weekCompensation
MERIDITH MCARTHURTRUSTEE
Trustee or director
1$0
JAMES PERRYTRUSTEE
Trustee or director
1$0
DON POLLETTATRUSTEE
Trustee or director
1$0
BRIAN PRIESTTRUSTEE
Trustee or director
1$0
JUSTIN SASSENTRUSTEE
Trustee or director
1$0
990 for the year ended December 31, 2023: 21 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
MICHAEL ADELIZZISECRETARY (NON-VOTING)
Trustee or director, Officer
5$0$368,913$35,667
TAYLOR ALBANOASA STAFF LIAISON (NON-VOT
Officer
40$0$168,248$15,384
REBECCA FALISHCHAIRPERSON
Trustee or director, Officer
5$0$0$0
MICHAEL KELLERCHAIRPERSON-ELECT
Trustee or director, Officer
5$0$0$0
RUTH MARTINPAST CHAIRPERSON
Trustee or director, Officer
5$0$0$0
PATRICK AQUINOTREASURER
Trustee or director, Officer
5$0$0$0
STEPHANIE COOKTRUSTEE
Trustee or director
1$0$0$0
GARY JONESTRUSTEE
Trustee or director
1$0$0$0
SAMANTHA KOWALSKITRUSTEE
Trustee or director
1$0$0$0
KARLA NEUPERT HOCKLEYTRUSTEE
Trustee or director
1$0$0$0
DWIGHT NEWTONTRUSTEE
Trustee or director
1$0$0$0
DON POLLETTATRUSTEE
Trustee or director
1$0$0$0
JUSTIN SASSENTRUSTEE
Trustee or director
1$0$0$0
COLIN FOLKTRUSTEE
Trustee or director
1$0$0$0
JAMES PERRYTRUSTEE
Trustee or director
1$0$0$0
KAMNA GUPTATRUSTEE
Trustee or director
1$0$0$0
DEBORAH GORRATRUSTEE
Trustee or director
1$0$0$0
KATRINA LALLOTRUSTEE
Trustee or director
1$0$0$0
TODD RESTELTRUSTEE
Trustee or director
1$0$0$0
CHERYL HARRISTRUSTEE
Trustee or director
1$0$0$0
BRENDA CASHDOLLARTRUSTEE
Trustee or director
1$0$0$0

Address and contacts

Address (IRS master file)
500 PARK BLVD 1125, ITASCA, IL 60143-3121
Principal officer (990 for 2024)
MICHAEL ADELIZZI, 500 PARK BLVD 1125, ITASCA, IL 60143
Signed the 990
MICHAEL ADELIZZI, SECRETARY
Phone
(630) 467-0000
Return prepared by
WSDD CPAS LTD

Mission

THE ASA EDUCATION FOUNDATION (ASAEF) IS A SELF-SUSTAINING ORGANIZATION THAT SERVES THE PHCP/INDUSTRIAL PVF INDUSTRIES BY RESEARCHING THE EDUCATION AND TRAINING NEEDS OF THE INDUSTRY. THE ASAEF WILL DEVELOP, PROMOTE AND DELIVER AND/OR FACILITATE PROGRAMS THAT WILL SATISFY THOSE NEEDS COST-EFFECTIVELY.

990 for the year ended December 31, 2024

Program accomplishments

  • TO FOSTER THE EDUCATIONAL DEVELOPMENT OF ITS MEMBERS, INCLUDING LEADERSHIP AND MANAGEMENT SKILLS, THROUGH SEMINARS AND PUBLICATIONS, AND TO PROMOTE INTEREST IN THEIR INDUSTRY AMONG STUDENTS.
    Expenses $891,477 · revenue $450,291

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 December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
36-2938004
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization (509(a)(3))
Donations deductible (Pub 78)
Supporting organization of unknown type
Exempt since
1999
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$14,660,447
Income (IRS master file)
$2,427,388

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,473,135$1,293,329$14,660,447XML
990December 2023$420,043$1,381,693$13,796,537XML
990December 2022$1,328,573$1,164,647$13,109,495IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 2017–––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 36-2938004).

Questions about ASA EDUCATION FOUNDATION INC

What is the EIN of ASA EDUCATION FOUNDATION INC?
The employer identification number (EIN) of ASA EDUCATION FOUNDATION INC is 36-2938004.
Is ASA EDUCATION FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1999.
Are donations to ASA EDUCATION FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
Which annual return does ASA EDUCATION FOUNDATION INC 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 ASA EDUCATION FOUNDATION INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did ASA EDUCATION FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of ASA EDUCATION FOUNDATION INC?
The 990 for the year ended December 31, 2024 names MICHAEL ADELIZZI.
Who are the officers and directors of ASA EDUCATION FOUNDATION INC?
The 990 for the year ended December 31, 2024 lists 20 people; 0 received compensation from the organization.
How much revenue does ASA EDUCATION FOUNDATION INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,473,135, expenses of $1,293,329 and total assets of $14,660,447 at year end.

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