2025-05-15T15:18:31-05:00 2024-06-30 541019610 CST GROUP CPAS PC 10740 PARKRIDGE BLVD 5TH FLOOR RESTON VA 201914424 990 2023-07-01 530231868 AMERICAN SOCIETY OF APPRAISERS (ASA) AMER 7034782228 2121 COOPERATIVE WAY 210 HERNDON VA 20171 GUILLERMO ORTIZ DE ZARATE CEO 8002728258 2025-05-13 1 0 GLENN SHELTON P00228007 7033912000 2025-05-13 2023 2025-03-06 01:10:19Z GUILLERMO ORTIZ DE ZARATE 2121 COOPERATIVE WAY 210 HERNDON VA 20171 6023573 0 X WWW.APPRAISERS.ORG X 1952 VA THE AMERICAN SOCIETY OF APPRAISERS (ASA) IS AN INTERNATIONAL ORGANIZATION OF VALUATION PROFESSIONALS AND OTHERS DEDICATED TO PROMOTING THE EXCHANGE OF IDEAS AND EXPERIENCES AMONG ITS MEMBERS; CULTIVATING THE PROFESSION OF APPRAISING; ESTABLISHING AND MAINTAINING PRINCIPLES OF APPRAISAL PRACTICE AND A CODE OF ETHICS FOR THE GUIDANCE OF ITS MEMBERS; MAINTAINING UNIVERSAL RECOGNITION THAT MEMBERS OF THE SOCIETY ARE OBJECTIVE AND UNBIASED APPRAISERS AND CONSULTANTS OF PROPERTY VALUES; AWARDING ONE OR MORE PROFESSIONAL DESIGNATIONS TO QUALIFIED MEMBERS OF THE SOCIETY; AND SEEKING TO ATTAIN RECOGNITION OF THE PROFESSION BY BOTH PUBLIC AND PRIVATE ENTERPRISES. 13 13 28 210 46398 0 3147165 3076870 2362813 2709363 135532 170560 25079 26114 5670589 5982907 0 0 0 0 3007498 2872520 0 0 0 2340073 2669672 5347571 5542192 323018 440715 7306037 7771086 4341591 4192772 2964446 3578314 X THE SOCIETY SHALL PROMOTE THE EXCHANGE OF IDEAS AND EXPERIENCES AMONG ITS MEMBERS; CULTIVATE THE PROFESSION OF APPRAISING; ESTABLISH AND MAINTAIN PRINCIPLES OF APPRAISAL PRACTICE AND A CODE OF ETHICS FOR THE GUIDANCE OF ITS MEMBERS; MAINTAIN UNIVERSAL RECOGNITION THAT MEMBERS OF THE SOCIETY ARE OBJECTIVE, UNBIASED APPRAISERS AND CONSULTANTS OF PROPERTY VALUES; AWARD ONE OR MORE PROFESSIONAL DESIGNATIONS TO QUALIFIED MEMBERS OF THE SOCIETY; AND SEEK TO ATTAIN RECOGNITION OF THE PROFESSION BY BOTH PUBLIC AND PRIVATE ENTERPRISE. 0 0 EDUCATION - INTERNATIONALY RECOGNIZED AS THE LEADER IN MULTIDISCIPLINE VALUATION EDUCATION, ASA OFFERS A LARGE PROGRAM IN STATE OF THE ART TRAINING COURSES AND SEMINARS FOR VALUATION PROFESSIONALS IN APPRAISAL REVIEW AND MANAGEMENT, BUSINESS VALUATION, GEMS AND JEWELRY, MACHINERY AND TECHNICAL SPECIALTIES, PERSONAL PROPERTY AND REAL PROPERTY. TAUGHT BY EXPERIENCED PRACTITIONERS, ASA COURSES OFFER REAL-WORLD EXPERIENCE AND ARE OFFERED IN ON-SITE, ONLINE AND CLASSROOM FORMATS AS WELL AS AT PRESTIGIOUS UNIVERSITIES. COMMUNICATIONS - ASA'S QUARTERLY ONLINE MAGAZINE, ASA PROFESSIONAL, AND REGULAR E-MAIL NEWSLETTERS PROVIDE TIMELY INFORMATION ON NEWS AND EVENTS AFFECTING THE APPRAISAL PROFESSION. PERIODIC PUBLICATIONS INCLUDING BUSINESS VALUATION REVIEW, THE PERSONAL PROPERTY JOURNAL AND THE MACHINERY AND TECHNICAL SPECIALITIES JOURNAL ADDRESS SCHOLARLY AND TECHNICAL ISSUES OF CONCERN TO VALUATION PRACTITIONERS. ASA PUBLICATIONS ARE THE SOURCE OF INFORMATION ON SIGNIFICANT MATTERS WITHIN THE APPRAISAL PROFESSION INCLUDING TECHNIQUES, STANDARDS, REGULATIONS AND ETHICS. MEETINGS AND CONFERENCES - EACH YEAR ASA INTERNATIONAL HEADQUARTERS AND THE SOCIETY'S LOCAL CHAPTERS ORGANIZE AND SPONSOR NUMEROUS EVENTS AND PROGRAMS DESIGNED TO PROVIDE EDUCATION ON TIMELY APPRAISAL TOPICS AND OPPORTUNITIES FOR THE EXCHANGE OF IDEAS AMONG VALUATION PROFESSIONALS. EVENTS INCLUDE ASA'S ANNUAL MULTIDISCIPLINE INTERNATIONAL APPRAISAL CONFERENCE, ADVANCED BUSINESS VALUATION CONFERENCE AND MACHINERY AND TECHNICAL SPECIALTIES CONFERENCES. DISCIPLINE STRUCTURE - DISCIPLINE COMMITTEES PROVIDE GUIDANCE AND OVERSIGHT IN MATTERS SPECIFIC TO EACH OF THE SOCIETY'S FIVE ACTIVE DISCIPLINES (BUSINESS VALUATION, GEMS AND JEWELRY, MACHINERY AND TECHNICAL SPECIALTIES, PERSONAL PROPERTY AND REAL PROPERTY), INCLUDING EDUCATION, TECHNICAL ISSUES AND BUSINESS DEVELOPMENT. ASA'S MULTIDISCIPLINE STRUCTURE ALLOWS MEMBERS TO ADDRESS ISSUES OF SPECIFIC CONCERN TO THEIR DISCIPLINE WHILE BENEFITING FROM AND BUILDING ON THE SHARED STRENGTH OF VALUATION PRINCIPLES COMMON TO ALL DISCIPLINES. PUBLIC RELATIONS AND LEGISLATIVE AFFAIRS - ASA'S PUBLIC RELATIONS PROGRAM WORKS TO EDUCATE CONSUMERS ABOUT THE IMPORTANCE OF HIRING ACCREDITED APPRAISERS AS WELL AS TO INCREASE ASSOCIATION MEMBERSHIP AND ESTABLISH ASA AS THE PREMIER MULTIDISCIPLINE VALUATION ASSOCIATION. ASA'S LEGISLATIVE AFFAIRS PROGRAM SEEKS TO KEEP MEMBERS INFORMED OF THE STATUS OF LEGISLATION AFFECTING THE APPRAISAL PROFESSION WHILE ACTIVELY WORKING TO SUPPORT LEGISLATION AND REGULATION AT ALL LEVELS OF GOVERNMENT THAT BENEFITS THE PROFESSION AND THE CONSUMER. 0 0 0 1 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 35 0 28 1 1 1 0 0 0 0 0 0 0 X 13 13 0 0 0 0 1 1 1 1 0 0 1 1 1 1 1 1 1 1 1 1 0 VA X ASHLEY VARDEN 7034782228 2121 COOPERATIVE WAY SUITE 210 HERNDON VA 20171 RICK BERKEMEIER PAST PRESIDENT 10.00 X 39277 0 0 GARRETT SCHWARTZ INTERNATIONAL PRESIDENT 10.00 X X 20000 0 0 G ADRIAN GONZALEZ JR INTERNATIONAL VICE PRESIDENT 10.00 X X 5000 0 0 WILLIAM ENGEL INTERNATIONAL SECRETARY/TREASURER 10.00 X X 0 0 0 CURTIS KIMBALL BV GOVERNOR 2.00 X 0 0 0 RICHARD HUNTINGTON GJ GOVERNOR 2.00 X 0 0 0 RYAN KINAHAN MTS GOVERNOR 2.00 X 0 0 0 PATRICK ELA PP GOVERNOR 2.00 X 0 0 0 MICHAEL ORMAN RP GOVERNOR 2.00 X 0 0 0 SANDRA TROPPER REGION 2 GOVERNOR 2.00 X 14375 0 0 SCOTT MILLER REGION 3 GOVERNOR 2.00 X 0 0 0 THERESA ZEIDLER-SHONAT REGION 4 GOVERNOR 2.00 X 0 0 0 JEFFREY TARBELL REGION 5 GOVERNOR 2.00 X 30244 0 0 JOHNNIE WHITE CHIEF EXECUTIVE OFFICER 35.00 X 376038 0 33426 BONNY PRICE CHIEF OPERATIONS OFFICER 35.00 X 188998 0 21316 JOSEPH B NOSELLI CHIEF FINANCIAL OFFICER 35.00 X 179998 0 10418 TODD PARADIS CHIEF MARKETING OFFICER 35.00 X 166691 0 15031 JOHN RUSSELL STRATEGIC PARTNERSHIP OFFICER 35.00 X 145483 0 8118 1166104 0 88309 5 0 1 0 SHERATON NEW ORLEANS 500 CANAL ST NEW ORLEANS LA 70130 CONFERENCE SERVICES 244948 MEETING CREATIONS INC 120 CATRIONA DRIVE DAYTONA BEACH FL 32124 EVENT PLANNER 108200 2 3076175 695 3076870 EDUCATION & TRAINING 900099 2025044 2025044 ANNUAL CONFERENCE 900099 577002 530604 46398 JOURNAL SUBSCRIPTIONS 611710 93715 93715 DISCIPLINE COMMITTEES 900099 13602 13602 2709363 166679 166679 1589 1589 39832 35341 610 4491 -610 3881 3881 29240 4715 24525 24525 5982907 2687490 46398 172149 1254413 1257765 70632 115673 174037 100155 53500 12504 139121 50001 624214 216320 217822 32846 268212 3012 49527 EDUCATION AND TRAINING 440929 MEALS 173230 MEMBERSHIP 103181 DISCIPLINES EXPENSES 57244 127854 5542192 1760483 2111405 1293482 1421844 188060 108973 240294 288662 11409 8121 5494 3288 1835641 2067524 1925001 1735433 57582 33957 7306037 7771086 257001 410322 1766412 1682239 2318178 2100211 4341591 4192772 X 2964446 3578314 2964446 3578314 7306037 7771086 440715 173153 0 X 0 1 X 1 0 0 0 1 3076175 129428 7460 136888 135352 1536 PART I-A, LINE 1: EXPENDITURES MADE DURING FUNDRAISING EVENTS TO SOLICIT CONTRIBUTIONS TO THE ASA PAC. ANY CAMPAIGN ACTIVITY IS CHANNELED THROUGH THE ASA POLITICAL ACTION COMMITTEE. 11409 8121 3288 3288 DUE TO CHAPTER-REBATES 109421 LEASE LIABILITY 1990790 2100211 X 6259233 173153 110352 283505 5975728 12504 -5325 7179 5982907 5582044 52356 52356 5529688 12504 12504 5542192 PART X, LINE 2: UNDER THE PROVISIONS OF STATEMENT OF FINANCIAL ACCOUNTING STANDARDS ASC TOPIC 740, INCOME TAXES (ASC 740), THE SOCIETY IS REQUIRED TO DISCLOSE UNRECOGNIZED TAX BENEFITS. MANAGEMENT HAS EVALUATED THE EFFECT OF THE GUIDANCE PROVIDED BY ASC 740 AND ALL OTHER TAX POSITIONS THAT COULD HAVE A SIGNIFICANT EFFECT ON THE FINANCIAL STATEMENT AND DETERMINED THAT THE SOCIETY HAD NO MATERIAL UNCERTAIN TAX POSITIONS AT JUNE 30, 2024 AND 2023 THAT REQUIRED DISCLOSURE OR RECOGNITION. GENERALLY, THE SOCIETY'S TAX RETURNS REMAIN OPEN AND SUBJECT TO EXAMINATION FOR THREE YEARS FROM THE FILING DATE. PART XI, LINE 2D - OTHER ADJUSTMENTS: EXCLUDED ASA AFFILIATE REVENUE - CONSOLIDATED FOR GAAP 110,352. PART XI, LINE 4B - OTHER ADJUSTMENTS: COST OF GOODS SOLD REPORTED ON LINE 10B -4,715. LOSS ON DISPOSAL OF ASSETS REPORTED ON LINE 7D -610. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD REPORTED ON LINE 10B 4,715. EXCLUDED ASA AFFILIATE EXPENSES - CONSOLIDATED FOR GAAP 47,641. 1 MIDDLE EAST AND NORTH AFRICA - ALGERIA, BAHRAIN, DJIBOUTI, EGYPT, PROGRAM SERVICE EDUCATION 41581 0 0 0 0 0 0 41581 0 41581 0 0 0 0 0 0 X X X X 0 0 0 JOHNNIE WHITE CHIEF EXECUTIVE OFFICER 305097 0 60000 0 10941 0 15450 0 17976 0 409464 0 0 0 BONNY PRICE CHIEF OPERATIONS OFFICER 185282 0 3500 0 216 0 9382 0 11934 0 210314 0 0 0 JOSEPH B NOSELLI CHIEF FINANCIAL OFFICER 176597 0 1750 0 1651 0 8830 0 1588 0 190416 0 0 0 TODD PARADIS CHIEF MARKETING OFFICER 164975 0 1500 0 216 0 8037 0 6994 0 181722 0 0 0 JOHN RUSSELL STRATEGIC PARTNERSHIP OFFICER 143779 0 1500 0 204 0 7189 0 929 0 153601 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 AMERICAN SOCIETY OF APPRAISERS IS A MEMBERSHIP SOCIETY, THUS IT HAS MEMBERS. HOWEVER, THEY HAVE NO OWNERSHIP INTEREST IN THE SOCIETY. FORM 990, PART VI, SECTION A, LINE 7A THE OFFICERS OF THE BOARD ARE ELECTED BY THE GENERAL MEMBERSHIP EACH YEAR. ALL OTHER MEMBERS OF THE BOARD ARE ELECTED BY SUB-PARTS OF THE GENERAL MEMBERSHIP. FORM 990, PART VI, SECTION A, LINE 7B ANY RESOLUTIONS OF THE BOARD OF GOVERNORS THAT AFFECT THE WORDING AND PROVISIONS IN OUR CONSTITUTION MUST GO TO A VOTE BY THE GENERAL MEMBERSHIP TO BE APPROVED OR NOT BEFORE IT CAN BE IMPLEMENTED. FORM 990, PART VI, SECTION A, LINE 8B THE ADMINISTRATIVE RULES DO SPECIFICALLY DELEGATE SOME AUTHORITY TO CERTAIN COMMITTEES TO ACT FOR THE BOARD OF GOVERNORS AS PERMITTED BY DELAWARE LAW. FORM 990, PART VI, SECTION B, LINE 11B A 990 DRAFT IS PROVIDED TO THE BOARD OF GOVERNORS AND MANAGEMENT BEFORE IT IS FILED WITH THE IRS. SOCIETY MANAGEMENT IS RESPONSIBLE FOR PROVIDING REVIEW COMMENTS. FORM 990, PART VI, SECTION B, LINE 12C DIRECTORS MUST SIGN STATEMENT ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15 ASA CONSULTS PUBLISHED COMPENSATION INFORMATION FOR THE WASHINGTON DC METROPOLITAN AREA TO DETERMINE APPROPRIATE COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS ARE NOT AVAILABLE EXCEPT BY REQUEST AND THROUGH GUIDESTAR. CONFLICT OF INTEREST POLICY IS MADE AVAILABLE INTERNALLY BUT NOT PUBLICLY. FINANCIAL STATEMENTS ARE AVAILABLE ON WEBSITE AND THROUGH GUIDESTAR. ASA EDUCATIONAL FOUNDATION 2121 COOPERATIVE WAY SUITE 210 HERNDON VA 20171 237019806 TO CARRY ON EDUCATIONAL, RESEARCH AND CHARITABLE ACTIVITIES RELATED TO ASA DE 501(C)(3) LINE 7 AMERICAN SOCIETY OF APPRAISERS 1 ASA POLITICAL ACTION COMMITTEE 2121 COOPERATIVE WAY SUITE 210 HERNDON VA 20171 205890635 TO SUPPORT LEGISLATIVE EFFORTS VA 527 AMERICAN SOCIETY OF APPRAISERS 1 NATIONAL ASSOCIATION OF INDEPENDENT FEE APPRAISERS INC EDUC & RESEARCH TRUS 2121 COOPERATIVE WAY SUITE 210 HERNDON VA 20171 431136868 TO SPONSOR THE DEVELOPMENT OF EDUCATIONAL MATERIALS VA 501(C)(3) 509(A)(3), TYPE 1 AMERICAN SOCIETY OF APPRAISERS 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0