2017-05-15T09:19:28-05:00 2016-06-30 KPMG LLP 345 PARK AVENUE NEW YORK NY 10154 990 2015-07-01 131623899 THE AMERICAN SOCIETY OF MECHANICAL ENGINEERS % Thomas Meehan Controller AMER 2125917000 TWO PARK AVENUE NEW YORK NY 10016 WILLIAM GAROFALO ASST TREASURER 2125917000 2017-04-07 true MARY-EVELYN ANTONETTI P00431862 2127589700 2017-05-13 2015 2021-01-29 14:40:06Z THOMAS G LOUGHLIN TWO PARK AVENUE NEW YORK NY 10016 155905764 false X WWW.ASME.ORG X 1880 NY TO PROMOTE THE ART, SCIENCE AND MULTIDISCIPLINARY ENGINEERING AND ALLIED SCIENCES AROUND THE GLOBE. 12 12 427 8200 1846123 548271 1678293 863017 59632862 59939363 8017568 4869365 32522316 32373977 101851039 98045722 1052790 520888 0 0 53290638 50643331 0 0 0 44694975 45485935 99038403 96650154 2812636 1395568 176526585 179724765 83295744 90861361 93230841 88863404 X ASME'S MISSION IS TO SERVE DIVERSE GLOBAL COMMUNITIES BY ADVANCING, DISSEMINATING AND APPLYING ENGINEERING KNOWLEDGE FOR IMPROVING THE QUALITY OF LIFE; AND COMMUNICATING THE EXCITEMENT OF ENGINEERING. false false 10089755 31191606 CONFORMITY ASSESSMENT - ASME CONFORMITY ASSESSMENT PROGRAMS - UNDER WHICH A COMPANY OR AN INDIVIDUAL IS ASSESSED AND CERTIFIED BASED ON DEMONSTRATED ABILITY TO MEET THE REQUIREMENTS OF AN ASME STANDARD CONTINUE TO PROVIDE A VITAL SERVICE TO ENHANCEMENT OF PUBLIC SAFETY AND FACILITATION OF INTERNATIONAL COMMERCE. 10505024 1481521 PUBLISHING - 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. 18824893 520888 12444394 TECHNICAL EVENTS & CONTENT AND INSTITUTES - ANNUALLY PERFORMS RESEARCH ON TECHNICAL MECHANICAL ENGINEERING ISSUES, AND HOLDS TECHNICAL MEETINGS AND CONFERENCES FOR MECHANICAL ENGINEERS ON A VARIETY OF MECHANICAL ENGINEERING TOPICS AND SUBJECTS. 30596611 23464202 70016283 true true false true false false false false false true true false false false false true false true false true true false false false false false false true false true false false false false false false false false false false false false true true false false false true X 346 0 true 427 true true true true CH IN UK false false false false false false false false X 12 12 false false false false true true true true true false true true true true true true true true true false false CA DC GA IN NJ NY X Thomas Meehan Controller 9732442255 150 CLOVE ROAD Little Falls NJ 07424 X JULIO GUERRERO PRESIDENT 4.0 1.0 X X 3235 0 0 J ROBERT SIMS JR PAST PRESIDENT 4.0 1.0 X X 1816 0 0 K KEITH ROE PRESIDENT ELECT 4.0 1.0 X 1328 0 0 STACEY SWISHER HARNETTY MEMBER-AT-LARGE 4.0 1.0 X 0 0 0 ANDREW TAYLOR MEMBER-AT-LARGE 4.0 1.0 X 0 0 0 WILLIAM M WOREK MEMBER-AT-LARGE 4.0 1.0 X 0 0 0 URMILA GHIA MEMBER-AT-LARGE 4.0 1.0 X 0 0 0 JOHN GOOSSEN MEMBER-AT-LARGE 4.0 1.0 X 0 0 0 JACK TUOHY MEMBER-AT-LARGE 4.0 1.0 X 0 0 0 BRYAN ERLER MEMBER-AT-LARGE 4.0 1.0 X 0 0 0 CAECILIA GOTAMA MEMBER -A-LARGE 4.0 1.0 X 0 0 0 SRIRAM SOMASUNDARAM MEMBER-AT-LARGE 4.0 1.0 X 0 0 0 JAMES COAKER SECRETARY-TREASURER 4.0 1.0 X 0 0 0 THOMAS G LOUGHLIN EXECUTIVE DIRECTOR 40.0 2.5 X 632821 0 445135 JOHN DELLI VENNERI Assistant Secretary 40.0 1.0 X 322106 0 55474 WILLIAM GAROFALO Assistant Treasurer 40.0 2.5 X 346451 0 15430 LAUREL RASO ASSOCIATE EXECUTIVE DIRECTOR 40.0 0.0 X 327065 0 272890 MICHAEL MERKER ASSOCIATE EXECUTIVE DIRECTOR 40.0 0.0 X 329837 0 218364 MICHAEL IRELAND ASSOCIATE EXECUTIVE DIRECTOR 40.0 0.0 X 311465 0 135593 NOHA EL-GHOBASHY ASSOCIATE EXECUTIVE DIRECTOR 40.0 0.0 X 224870 0 70660 ROY ARBEIT MANAGING DIRECTOR 40.0 0.0 X 291099 0 31268 WILLIAM BERGER MANAGING DIRECTOR 40.0 0.0 X 271084 0 189306 MARK SHEEHAN MANAGING DIRECTOR 40.0 0.0 X 265485 0 195969 JAMES meisinger MANAGING DIRECTOR 40.0 0.0 X 259345 0 145955 PATRICK O'CONNELL MANAGING DIRECTOR 40.0 0.0 X 257487 0 141452 JUNE LING Deputy Executive Director 40.0 1.0 X 399224 0 146727 4244718 0 2064223 152 false true false PATTERSON BELKNAP WEBB TYLER LLP 1133 AVE OF THE AMERICAS NEW YORK NY 10036 LEGAL SERVICES 765726 WILMERHALE PO BOX 72478760 PHILADELPHIA PA 19170 LEGAL SERVICES 325631 BALLARD SPAHR LLP 1735 MARKET ST 51ST FLOOR PHILADELPHIA PA 19103 LEGAL SERVICES 291529 DANIEL E CHEETHAM 9203 ELKWOOD COURT PASADENA CA 21122 CONSULTANT 283272 ML CONSULTANTS CORP 7015 ASSURANCE LANE APEX NC 27523 CONSULTANT 231452 10 115000 41776 706241 863017 CONFORMITY ASSESSMENT 611430 31191606 31191606 TRAINING AND DEVELOPMENT 511130 6106322 6106322 TECHNICAL EVENTS & CONTENT 611430 12444394 12444394 MEMBERSHIPS 511130 7819504 7819504 ALL OTHER PROGRAM SERVICE REVENUE 511120 2377537 979500 1398037 59939363 1866966 1866966 0 23283531 23283531 63528 52957 10571 0 10571 10571 35063894 3611000 33498907 2173588 1564987 1437412 3002399 3002399 0 0 30776950 22134590 8642360 8642360 OTHER INCOME 900002 221482 221482 JOB BOARD REVENUE 900001 216033 216033 437515 98045722 67183686 1846123 28152896 520888 520888 0 0 0 2593976 1851580 742396 0 35949536 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23479450 0 0 X 114456264 -3558992 287146 -3271846 117728110 375223 -20057611 -19682388 98045722 118784744 22509813 22509813 96274931 375223 375223 96650154 PART v, LINE 4 ENDOWMENT FUNDS ARE USED FOR MECHANICAL ENGINEERING AWARDS AND MEDALS. PART X LINE 2 THERE ARE CERTAIN TRANSACTIONS THAT COULD BE DEEMED UNRELATED BUSINESS INCOME AND WOULD RESULT IN A TAX LIABILITY. MANAGEMENT REVIEWS TRANSACTIONS TO ESTIMATE POTENTIAL TAX LIBILITIES USING A THRESHOLD OF MORE LIKELY THAN NOT. IT IS MANAGEMENT'S ESTIMATION THAT THERE ARE NO MATERIAL INCOME TAX LIABILITIES THAT NEED TO BE RECORDED AT JUNE 30, 2016 OR 2015. PART XI, LINE 2D - OTHER ADJUSTMENTS: ASME India REVENUE $287,146 PART XI, LINE 4B - OTHER ADJUSTMENTS: REVENUE/EXPENSE ALLOCATION RECLASS $(74,077) RENTAL EXPENSE $(52,957) Pension Post Adjustment $2,204,013 RECLASS OF COGS $(22,134,590) ------------- TOTAL $(20,057,611) PART XII LINE 2D - OTHER ADJUSTMENTS: REVENUE/EXPENSE ALLOCATION RECLASS $74,077 Reclass of COGS $22,134,590 Rental expense $52,957 ASME India Exp $248,189 ----------- TOTAL $22,509,813 true East Asia and the Pacific 1 3 Program Services See Part V 528193 Europe (Including Iceland and Greenland) 1 5 Program Services See Part V 456731 South Asia 1 3 Program Services See Part V 287146 East Asia and the Pacific Investments 111814 3 11 3 11 1383884 1383884 false false true false false false PART I, LINE 3, COLUMN (E) REGION : EAST ASIA AND THE PACIFIC (E) SPECIFIC TYPES OF SERVICES IN REGION: ASME, THROUGH WHOLLY OWNED ASME PACIFIC LLC, PROMOTES UNDERSTANDING AND THE USE OF CODES AND STANDARDS PROGRAMS IN THE ASIA/PACIFIC MARKETS, SERVING AS AN INQUIRY POINT FOR INFORMATION REGARDING ASME EDUCATIONAL COURSES AND SEMINARS, AND FACILITATING NEW MEMBER RECRUITMENT AND CONFERENCE DEVELOPMENT. REGION: EUROPE (E) SPECIFIC TYPES OF SERVICES IN REGION: ASME THROUGH INDEPENDENT CONTRACTORS, PROMOTES DIALOGUE WITH LOCAL ENGINEERS, CORPORATIONS, EDUCATIONAL INSTITUTIONS, AND TECHNICAL ASSOCIATIONS AS WELL AS PROVIDE LOGISTICAL SUPPORT FOR ASME EVENTS SUCH AS CONTINUING EDUCATION AND WORKSHOPS. REGION: SOUTH ASIA (E) SPECIFIC TYPES OF SERVICES IN REGION: ASME THROUGH INDEPENDENT CONTRACTORS, ENGAGES IN THE MARKETING AND PROMOTION OF ASME STANDARDS, CONFORMITY ASSESSMENT PROGRAMS, TRAINING PROGRAMS, JOURNALS, CONFERENCE PROCEEDINGS, BOOKS AND OTHER PUBLICATIONS AND PROMOTES MEMBERSHIP IN ASME. PART I, LINE 3, COLUMN (F) THE EXPENDITURES IN PART I, LINE 3, COL. (F) ARE REPORTED ON AN ACCRUAL BASIS. true ASME FOUNDATION TWO PARK AVENYE NEW YORK NY 100165990 133372934 501(C)(3) 520888 SECTOR OPERATIONS 1 SCHEDULE I, PART I, LINE 2 During the year ended June 30, 2016, ASME did not make any grants. The amounts reported are contributions to a 501(c)(3) organization for use in their exempt purpose. X X X true true X X X X X false true false false false false false true false THOMAS G LOUGHLIN EXECUTIVE DIRECTOR 507300 0 88910 0 36611 0 405222 0 39913 0 1077956 0 0 0 JOHN DELLI VENNERI Assistant Secretary 281886 0 37421 0 2799 0 15900 0 39574 0 377580 0 0 0 WILLIAM GAROFALO Assistant Treasurer 289225 0 38250 0 18976 0 13250 0 2180 0 361881 0 0 0 LAUREL RASO ASSOCIATE EXECUTIVE DIRECTOR 288869 0 35547 0 2649 0 242821 0 30069 0 599955 0 0 0 MICHAEL MERKER ASSOCIATE EXECUTIVE DIRECTOR 265128 0 38250 0 26459 0 216804 0 1560 0 548201 0 0 0 MICHAEL IRELAND ASSOCIATE EXECUTIVE DIRECTOR 278317 0 31847 0 1301 0 109694 0 25899 0 447058 0 0 0 NOHA EL-GHOBASHY ASSOCIATE EXECUTIVE DIRECTOR 195729 0 21315 0 7826 0 58484 0 12176 0 295530 0 0 0 ROY ARBEIT MANAGING DIRECTOR 227651 0 32984 0 30464 0 15821 0 15447 0 322367 0 0 0 WILLIAM BERGER MANAGING DIRECTOR 237663 0 26564 0 6857 0 174702 0 14604 0 460390 0 0 0 MARK SHEEHAN MANAGING DIRECTOR 236709 0 26542 0 2234 0 182386 0 13583 0 461454 0 0 0 JAMES meisinger MANAGING DIRECTOR 214707 0 25492 0 19146 0 145955 0 0 0 405300 0 0 0 PATRICK O'CONNELL MANAGING DIRECTOR 219385 0 32123 0 5979 0 129185 0 12267 0 398939 0 0 0 JUNE LING Deputy Executive Director 317035 0 52540 0 29649 0 131844 0 14883 0 545951 0 0 0 SCH J, Part I, Line 1A ASME'S PRESIDENT, PRESIDENT ELECT, AND PAST PRESIDENT RECEIVED TRAVEL BENEFITS FOR THEIR RESPECTIVE SPOUSES. THIS BENEFIT WAS TAXABLE TO THE RECIPIENTS. ASME PAID FOR THE SOCIAL CLUB DUES FOR ITS EXECUTIVE DIRECTOR AND ASSISTANT SECRETARY. THIS BENEFIT WAS NOT TAXABLE TO THE RECIPIENTS. INCLUDED IN REPORTABLE COMPENSATION OF THE EXECUTIVE DIRECTOR IS A TAX GROSS UP PAYMENT. SCH J, PART I, Line 4B THE FOLLOWING INDIVIDUALS PARTICIPATED IN A SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN DURING 2015 AND THE AMOUNTS ARE REPORTED IN SCHEDULE J, PART II, COLUMN (C): THOMAS LOUGHLIN, $241,549 JUNE LING, $47,152 SCH J, PART I, LINE 7 THE FOLLOWING INDIVIDUALS RECEIVED DISCRETIONARY, NON-FIXED PAYMENTS THAT ARE REPORTED IN SCHEDULE J, PART II, COLUMN B(II): THOMAS G. LOUGHLIN $88,910 JOHN DELLI VENNERI $37,421 WILLIAM GAROFALO $38,250 LAUREL RASO $35,547 MICHAEL MERKER $38,250 MICHAEL IRELAND $31,847 NOHA EL-GHOBASHY $21,315 ROY ARBEIT $32,984 WILLIAM BERGER $26,564 MARK SHEEHAN $26,542 JAMES MESINGER $25,492 PATRICK O'CONNELL $32,123 JUNE LING $52,540 FORM 990, PART III LINE 4D OTHER PROGRAM SERVICES: CODES & STANDARDS - ESTABLISHES AND PUBLISHES PUBLIC SAFETY RELATED INDUSTRIAL AND MANUFACTURING CODES AND STANDARDS FOR THE DESIGN, MANUFACTURING, AND INSTALLATION OF MECHANICAL DEVISES. EXPENSES $16,431,567. INCLUDING GRANTS OF $0. REVENUE $842,456. MEMBERSHIPS- 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 ENGINEERING' 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- $1,895,570. INCLUDING GRANTS OF $0. REVENUE $7,819,504. TRAINING & DEVELOPMENT- PROVIDES CONTINUING EDUCATION COURSES FOR ENGINEERING AND THE TECHNICAL WORKFORCE. EXPENSES- $6,582,071. INCLUDING GRANTS OF $0. REVENUE $6,106,322. OTHER CATEGORY- EXPENSES- $5,687,403. INCLUDING GRANTS OF $0. REVENUE $8,695,920. FORM 990, PART VI, SECTION A, LINE 6 ASME IS A MEMBERSHIP ORGANIZATION AND HAS NO STOCKHOLDERS. FORM 990, PART VI, SECTION A, LINE 7A ASME'S MEMBERS ELECT MEMBERS OF THE ASME BOARD OF GOVERNORS. FORM 990, PART VI, SECTION A, LINE 7B DECISIONS BY THE GOVERNING BODY TO CHANGE THE ASME CONSTITUTION ARE SUBJECT TO APPROVAL BY MEMBERS. FORM 990, PART VI, SECTION B, LINE 11B THE ASME FORM 990 AND SUPPORTING SCHEDULES ARE PREPARED BY AN INDEPENDENT ACCOUNTING FIRM, AND SUBMITTED TO UPPER MANAGEMENT FOR REVIEW. ALL REVIEW NOTES ARE CLEARED, AND CHANGES ARE MADE, AND THE DRAFT IS MADE AVAILABLE TO THE ASME BOARD OF GOVERNORS (BOG) ON THE BOG SECURE WEBSITE. AT THE END OF THE REVIEW PERIOD, THE FINAL DRAFT AS WILL BE SUBMITTED TO THE IRS IS PROVIDED TO ALL BOG MEMBERS AND IS SUBMITTED TO ASME'S INDEPENDENT ACCOUNTING FIRM FOR ELECTRONIC FILING BY DUE DATE. FORM 990, PART VI, SECTION B, LINE 12C ASME has adopted a conflict of interest policy which applies to board members, officers, committee members and key employees of ASME. On an annual basis, individuals covered under the conflicts of interest policy are required to complete and sign a statement that he or she is in compliance with the policy. If a conflict is identified, the individual with such conflict is prohibited from participation in the deliberations and decisions in the transaction. The Audit Committee oversees the implementation of and compliance with the conflicts of interest policy. FORM 990, PART VI, SECTION B, LINES 15A THE PROCESS FOR DETERMINING THE COMPENSATION OF THE EXECUTIVE DIRECTOR INCLUDES A REVIEW BY AN INDEPENDENT COMPENSATION CONSULTANT OF COMPARABILITY DATA, INCLUDING COMPENSATION SURVEYS AND FORM 990 DATA FROM SIMILAR ORGANIZATIONS. THIS DATA IS THEN PROVIDED TO THE EXECUTIVE DIRECTOR EVALUATION AND STAFF COMPENSATION COMMITTEE (EDESC), A COMMITTEE COMPRISED OF INDEPENDENT DIRECTORS, WHO EVALUATE THE DATA AND MAKE A SALARY RECOMMENDATION TO THE BOARD OF GOVERNORS. THE FINAL SALARY DECISION, BASED ON THE RECOMMENDATION OF THE EDESC, IS APPROVED BY THE BOARD OF GOVERNORS. ASME'S CORPORATE COUNSEL CONTEMPORANEOUSLY DOCUMENTS THE DECISION AND THE RATIONALE OF THE DECISION. FORM 990, PART VI, SECTION C, LINE 19 THE ASME CONSTITUTION, BY-LAWS, SOCIETY POLICIES INCLUDING THE CONFLICT OF INTEREST POLICY, AND THE ASME FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST. FORM 990, PART X, Lines 7 AND 19 The balance in a related receivable was reported on line 7, notes and loans receivable, net, for consistency in reporting with the financial statements. The beginning balance has been moved from line 19 where it was reported on the 2014 tax return. FORM 990, PART XI, LINE 9 PENSION POST ADJUSTMENT $(2,204,013) ------------ TOTAL $(2,204,013) ASME INNOVATIVE TECHNOLOGIES INST LLC 1828 L STREET NW SUITE 810 WASHINGTON DC 200365104 201285874 CODE DEVL NY 340 274865 ASME ASME STANDARDS TECHNOLOGY LLC TWO PARK AVENUE NEW YORK NY 10016 201471292 CODE DEVL NY 849826 1445385 ASME ASME ASIA PACIFIC LLC TWO PARK AVENUE NEW YORK NY 10016 205946886 TRAINING DE 528193 39309 ASME ENGINEERING FOR CHANGE TWO PARK AVENUE NEW YORK NY 10016 270287469 TRAINING DE 699997 884423 ASME ASME EAST ASIA HOLDINGS LLC 2711 CENTERVILLE ROAD SUITE 4 WILMINGTON DE 19808 111239908 TRAINING DE 0 0 ASME ASME PERSONNEL CERTIFICATION LLC TWO PARK AVENUE NEW YORK NY 10016 474870610 TRAINING DE 0 0 ASME ASME AUXILIARY INC TWO PARK AVENUE NEW YORK NY 10016 136128507 EDUC LOANS NY 501(C)(3) line 11B II NA false THE ASME FOUNDATION INC TWO PARK AVENUE NEW YORK NY 10016 133372934 GRANTS NY 501(C)(3) line 11B II NA false ASME INDIA PRIVATE LTD 573 1st flr main road chirage delhi new delhi delhi IN 110017 MARKETING IN ASME C Corp 287146 139233 1.00000 true false true true false false false false false false true false false true true true false true true false ASME INDIA PRIVATE LTD M 287146 FMV