AMERICAN SOCIETY OF APPRAISERS (ASA)

EIN: 530231868

HERNDON, VA

Total Revenue
$5,982,907
Total Expenses
$5,542,192
Total Assets
$7,771,086
Net Assets
$3,578,314
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Financial Trends

Organization Details

Formation Year
1952
Legal Domicile
VA
Principal Officer
GUILLERMO ORTIZ DE ZARATE
Phone
7034782228
Tax Period
2023-07-01 to 2024-06-30

AMERICAN SOCIETY OF APPRAISERS (ASA), founded in 1952, is a community nonprofit that reported $5.5M in total revenue in fiscal year 2017. Expenses of $6.1M exceeded revenue, resulting in a 12% operating deficit.

Mission

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.

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $3,076,870
Program Service Revenue $2,709,363
Investment Income $170,560
Other Revenue $26,114
TOTAL REVENUE $5,982,907

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,872,520
Fundraising Expenses $0
Other Expenses $2,669,672
TOTAL EXPENSES $5,542,192

Year-over-Year Comparison

2023 2022 Change
Revenue $5,982,907 $5,670,589 +0.1%
Expenses $5,542,192 $5,347,571 +0.0%
Net Income $440,715 $323,018 +0.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
13
Independent Members
13
Employees
28
Volunteers
210

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
8
$1,170,517
Total Directors
13
$108,896
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RICK BERKEMEIER PAST PRESIDENT 10.00
Director
$39,277 $0 $39,277
GARRETT SCHWARTZ INTERNATIONAL PRESIDENT 10.00
Officer Director
$20,000 $0 $20,000
G ADRIAN GONZALEZ JR INTERNATIONAL VICE PRESIDENT 10.00
Officer Director
$5,000 $0 $5,000
WILLIAM ENGEL INTERNATIONAL SECRETARY/TREASURER 10.00
Officer Director
$0 $0 $0
CURTIS KIMBALL BV GOVERNOR 2.00
Director
$0 $0 $0
RICHARD HUNTINGTON GJ GOVERNOR 2.00
Director
$0 $0 $0
RYAN KINAHAN MTS GOVERNOR 2.00
Director
$0 $0 $0
PATRICK ELA PP GOVERNOR 2.00
Director
$0 $0 $0
MICHAEL ORMAN RP GOVERNOR 2.00
Director
$0 $0 $0
SANDRA TROPPER REGION 2 GOVERNOR 2.00
Director
$14,375 $0 $14,375
SCOTT MILLER REGION 3 GOVERNOR 2.00
Director
$0 $0 $0
THERESA ZEIDLER-SHONAT REGION 4 GOVERNOR 2.00
Director
$0 $0 $0
JEFFREY TARBELL REGION 5 GOVERNOR 2.00
Director
$30,244 $0 $30,244
JOHNNIE WHITE CHIEF EXECUTIVE OFFICER 35.00
Officer
$376,038 $33,426 $409,464
BONNY PRICE CHIEF OPERATIONS OFFICER 35.00
Officer
$188,998 $21,316 $210,314
JOSEPH B NOSELLI CHIEF FINANCIAL OFFICER 35.00
Officer
$179,998 $10,418 $190,416
TODD PARADIS CHIEF MARKETING OFFICER 35.00
Officer
$166,691 $15,031 $181,722
JOHN RUSSELL STRATEGIC PARTNERSHIP OFFICER 35.00
Officer
$145,483 $8,118 $153,601
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 No data No data No data No data
2024 $5,982,907 $5,542,192 $7,771,086 $440,715
2023 $5,670,589 $5,347,571 $7,306,037 $323,018
2022 $5,534,774 $5,499,548 $4,970,886 $35,226
2021 $6,156,034 $4,868,514 $5,261,910 $1,287,520
2020 $5,785,107 $5,620,942 $4,271,013 $164,165
2019 $5,863,185 $6,162,068 $4,193,032 $-298,883
2018 $5,459,527 $6,130,741 $4,096,023 $-671,214
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