Form 990 for tax year 2023
Filed by AMERICAN SOCIETY OF MECHANICAL ENGINEERS AUXILIARY INC.
Totals
- Total revenue
- $63,103
- Total expenses
- $210,089
- Contributions and grants received
- $450
- Grants paid
- $197,775
- Program service revenue
- $25
- Investment income
- $62,628
- Other revenue
- $0
- Total assets, end of year
- $1,376,168
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $1,376,168
- Program services expenses (Part IX)
- $197,775
- Management and general expenses
- $12,314
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $197,775
Program services were 94.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$450
-
2a · Program service revenue: PROGRAM DUES
total $25 · related or exempt $25
-
3 · Investment income
total $46,851 · excluded $46,851
-
7a · Gross sales of assets other than inventory
securities $82,990
-
7b · Less cost or other basis and sales expenses
securities $67,213
-
7c · Gain or loss
securities $15,777
-
7d · Net gain or loss
total $15,777 · excluded $15,777
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $197,775 · program services $197,775
-
11f · Fees: investment management
total $2,335 · management and general $2,335
-
24a · Other expenses: BAD DEBT
total $9,729 · management and general $9,729
-
24b · Other expenses: STATE TAXES
total $250 · management and general $250
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $54,193 · end of year $97,910
-
7 · Other notes and loans receivable
beginning of year $61,893 · end of year $17,908
-
11 · Investments: publicly traded securities
beginning of year $1,281,674 · end of year $1,260,350
-
15 · Other assets
beginning of year $0 · end of year $0
-
25 · Other liabilities
beginning of year $250 · end of year $0
-
27 · Net assets without donor restrictions
beginning of year $450,731 · end of year $440,208
-
28 · Net assets with donor restrictions
beginning of year $946,779 · end of year $935,960
Mission and programs · 2023
Mission
TO ESTABLISH EDUCATIONAL FUNDS FOR THE PURPOSE OF ASSISTING WORTHY STUDENTS IN THE STUDY OF MECHANICAL ENGINEERING, OR FOR GRADUATE WORK. TO PROMOTE, INDEPENDENTLY OR IN CONJUNCTIONS WITH ASME, THE ADVANCEMENT OF THE ART AND SCIENCE (CONTINUED ON SCH. O).TO ESTABLISH EDUCATIONAL FUNDS FOR THE PURPOSE OF ASSISTING WORTHY STUDENTS IN THE STUDY OF MECHANICAL ENGINEERING, OR FOR GRADUATE WORK. TO PROMOTE, INDEPENDENTLY OR IN CONJUNCTIONS WITH ASME, THE ADVANCEMENT OF THE ART AND SCIENCE OF MECHANICAL ENGINEERING AND THE DISSEMINATION TO ENGINEERS, AND THE GENERAL PUBLIC, OF ADVANCES AND NEW DEVELOPMENTS IN MECHANICAL ENGINEERING.
Activities or mission (Part I)
ESTABLISHES AND PROVIDES SCHOLARSHIPS TO STUDENTS OF MECHANICAL (CONTINUED ON SCH. O)ESTABLISHES AND PROVIDES SCHOLARSHIPS TO STUDENTS OF MECHANICAL ENGINEERING, AND PROMOTES THE ADVANCEMENT OF MECHANICAL ENGINEERING.
-
SCHOLARSHIPS AND LOANS: PROVIDES SCHOLARSHIPS AND STUDENT LOANS FOR STUDENTS PURSUING COLLEGE DEGREES IN MECHANICAL ENGINEERING.
Expenses $197,775 · Grants $197,775 · Revenue $25
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Ada EzekoyeADA EZEKOYE
PRESIDENT
- Total calculated
- $0
- Hours/week
- 2
-
Ed SeidersED SEIDERS
STUDENT LOAN FUND TREASURER
- Total calculated
- $0
- Hours/week
- 2
-
Ella Baldwin-ViereckELLA BALDWIN-VIERECK
RECORDING SECRETARY
- Total calculated
- $0
- Hours/week
- 2
-
Lynn GerberLYNN GERBER
CORRESPONDING SECRETARY
- Total calculated
- $0
- Hours/week
- 2
-
Stella SeidersSTELLA SEIDERS
TREASURER
- Total calculated
- $0
- Hours/week
- 2
-
Vatsala MenonVATSALA MENON
EXECUTIVE VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 2
-
Karen MaleskyKAREN MALESKY
CONSTITUTION AND BY-LAWS, CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
Rajan MenonRAJAN MENON
STUDENT LOAN FUND, CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
Rooma NarainROOMA NARAIN
UNDERGRADUATE SCHOLARSHIP, CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
Sara SahaySARA SAHAY
RICE-CULLIMORE SCHOLARSHIP, CHAIR
- Total calculated
- $0
- Hours/week
- 2
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 13 May 2025
- IRS schema version
- 2023v6.0
- Source object
- 202521339349309772
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