AMERICAN SOC OF HEATING REFRIGERATING & AIR CONDITIONING ENGINEERS-BOSTON

EIN: 046173585 501(c)(3)

MARLBOROUGH, MA

Total Revenue
$273,352
Total Expenses
$280,568
Total Assets
$226,344
Net Assets
$225,965
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1959
Legal Domicile
MA
Principal Officer
CATIE BALL
Phone
6179135331
Tax Period
2024-07-01 to 2025-06-30

AMERICAN SOC OF HEATING REFRIGERATING & AIR CONDITIONING ENGINEERS-BOSTON, founded in 1959, is a small nonprofit that reported $273K in total revenue in fiscal year 2024. Revenue decreased 18% compared to the prior year.

Mission

THE ADVANCEMENT OF THE FIELD OF HEATING, REFRIGERATING AND AIR-CONDITIONING ENGINEERING AND RELATED SCIENCES, THE CONTINUING EDUCATION OF ITS MEMBERS AND OTHER INTERESTED PERSONS IN SAID SCIENCE THROUGH LECTURES, DEMONSTRATIONS AND PUBLICATIONS, RENDERED CAREER GUIDANCE AND FINANCIAL ASSISTANCE TO STUDENTS OF THE SCIENCES AND THE ENCOURAGEMENT OF SCIENTIFIC RESEARCH.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $76,000
Program Service Revenue $197,352
Investment Income $0
Other Revenue $0
TOTAL REVENUE $273,352

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $270,293
Other Expenses $280,568
TOTAL EXPENSES $280,568

Year-over-Year Comparison

2024 2023 Change
Revenue $273,352 $333,459 -0.2%
Expenses $280,568 $306,040 -0.1%
Net Income $-7,216 $27,419 -1.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Governance

Voting Members
16
Independent Members
N/A
Employees
N/A
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$0
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DEANNA ADKISON BOARD 1.00
Director
$0 $0 $0
ENRICA GALASSO BOARD MEMBER 1.00
Director
$0 $0 $0
MIKE COULANGES BOARD MEMBER 1.00
Director
$0 $0 $0
VINEET NAIR BOARD MEMBER 1.00
Director
$0 $0 $0
ALLISON GUTTADAURO BOARD MEMBER 1.00
Director
$0 $0 $0
WILL FISHER BOARD MEMBER 1.00
Director
$0 $0 $0
MATT HALLOCK BOARD MEMBER 1.00
Director
$0 $0 $0
DAN DIORIO BOARD MEMBER 1.00
Director
$0 $0 $0
JOSEPHINE WENDROTH BOARD MEMBER 1.00
Director
$0 $0 $0
BEN PIGNATELLI BOARD MEMBER 1.00
Director
$0 $0 $0
MATT HALLEY BOARD 1.00
Director
$0 $0 $0
TIM DRISCOLL BOARD MEMBER 1.00
Director
$0 $0 $0
JOHN MAW Secretary 3.00
Officer
$0 $0 $0
LUCAS ROWE President Elect 3.00
Officer
$0 $0 $0
LANCE BROWN President 3.00
Officer
$0 $0 $0
CATIE BALL Treasurer 3.00
Officer
$0 $0 $0
KELLY SACCO Vice President 3.00
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $273,352 $280,568 $226,344 $-7,216
2024 No data No data No data No data
2023 $258,240 $246,191 $207,799 $12,049
2019 $140,067 $178,209 $145,160 $-38,142
2018 $233,952 $186,374 $190,972 $47,578
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