Form 990 for tax year 2024
Filed by AMERICAN FUEL AND PETROCHEMICAL MANUFACTURERS.
Totals
- Total revenue
- $51,664,143
- Total expenses
- $69,665,134
- Contributions and grants received
- $0
- Grants paid
- $540,000
- Program service revenue
- $49,092,040
- Investment income
- $2,572,103
- Other revenue
- $0
- Total assets, end of year
- $57,058,180
- Total liabilities, end of year
- $18,105,107
- Net assets or fund balances, end of year
- $38,953,073
- Program services expenses (Part IX)
- not reported
- Management and general expenses
- not reported
- Fundraising expenses
- not reported
- Program service expenses (Part III)
- not reported
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.
-
2a · Program service revenue: MEMBERSHIP DUES
total $41,055,916 · related or exempt $41,055,916
-
2b · Program service revenue: MEETINGS
total $7,610,947 · excluded $7,610,947
-
2c · Program service revenue: PUBLICATIONS
total $288,631 · related or exempt $288,631
-
2d · Program service revenue: SAFETY STATISTICS AND AWARDS PROG
total $136,546 · related or exempt $136,546
-
3 · Investment income
total $2,225,919 · excluded $2,225,919
-
7a · Gross sales of assets other than inventory
securities $4,000,180
-
7b · Less cost or other basis and sales expenses
securities $3,642,424 · other assets $11,572
-
7c · Gain or loss
securities $357,756 · other assets -$11,572
-
7d · Net gain or loss
total $346,184 · excluded $346,184
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $540,000
-
5 · Compensation of officers, directors and key employees
total $6,574,142
-
7 · Other salaries and wages
total $10,340,274
-
8 · Pension plan contributions
total $98,485
-
9 · Other employee benefits
total $1,727,402
-
10 · Payroll taxes
total $807,402
-
11b · Fees: legal
total $158,441
-
11c · Fees: accounting
total $112,458
-
11d · Fees: lobbying
total $26,497,677
-
11f · Fees: investment management
total $67,892
-
11g · Fees: other
total $7,854,228
-
12 · Advertising and promotion
total $756,145
-
13 · Office expenses
total $436,563
-
14 · Information technology
total $663,611
-
16 · Occupancy
total $1,394,221
-
17 · Travel
total $725,732
-
19 · Conferences, conventions and meetings
total $5,473,286
-
22 · Depreciation, depletion and amortization
total $445,654
-
23 · Insurance
total $196,446
-
24a · Other expenses: CONTRIBUTIONS TO POLITI
total $922,000
-
24b · Other expenses: SAFETY PROGRAMS
total $730,919
-
24c · Other expenses: DUES & SUBSCRIPTIONS
total $683,828
-
24d · Other expenses: GENERAL OPERATING EXPEN
total $577,811
-
24e · All other expenses
total $1,880,517
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $300 · end of year $300
-
2 · Savings and temporary cash investments
beginning of year $24,703,133 · end of year $14,739,501
-
4 · Accounts receivable
beginning of year $6,977,224 · end of year $9,080
-
9 · Prepaid expenses and deferred charges
beginning of year $402,488 · end of year $735,878
-
10a · Land, buildings and equipment: cost or other basis
$4,825,922
-
10b · Land, buildings and equipment: accumulated depreciation
$3,198,653
-
10c · Land, buildings and equipment, net
beginning of year $1,610,749 · end of year $1,627,269
-
11 · Investments: publicly traded securities
beginning of year $31,056,529 · end of year $30,729,116
-
15 · Other assets
beginning of year $9,705,226 · end of year $9,217,036
-
17 · Accounts payable and accrued expenses
beginning of year $6,367,701 · end of year $7,569,286
-
19 · Deferred revenue
beginning of year $1,573,016 · end of year $1,266,280
-
25 · Other liabilities
beginning of year $10,421,792 · end of year $9,269,541
-
27 · Net assets without donor restrictions
beginning of year $26,006,385 · end of year $26,004,764
-
28 · Net assets with donor restrictions
beginning of year $30,086,755 · end of year $12,948,309
Mission and programs · 2024
Mission
EDUCATE THE PUBLIC AND POLICYMAKERS ABOUT THE VITAL ROLE OF THE REFINING AND PETROCHEMICAL INDUSTRIES IN THE NATION'S ECONOMY AND OUR CONTRIBUTION TO IMPROVEMENTS IN THE QUALITY OF LIFE SERVE AS A STRONG ADVOCACY VOICE FOR OUR MEMBERS WITH GOVERNMENT OFFICIALS, THE MEDIA AND THE PUBLIC TO PROMOTE POLICIES THAT BALANCE ENERGY SUPPLY NEEDS WITH ENVIRONMENTAL GOALS, FACILITATE TECHNICAL ADVANCEMENT AND CONTINUED PROGRESS IN SAFETY, ENVIRONMENTAL PERFORMANCE AND SECURITY, IN PART THROUGH WORLD-CLASS MEETINGS AND CONFERENCES SEVERAL OF WHICH ARE THE FOREMOST INDUSTRY MEETINGS IN THE WORLD.
Activities or mission (Part I)
-PROMOTING THE GENERAL WELFARE OF ITS MEMBERS BY GATHERING AND DISSEMINATING HISTORICAL AND SCIENTIFIC INFORMATION AND STATISTICS RELATING TO THE PETROLEUM REFINING, PETROCHEMICAL MANUFACTURING, AND MIDSTREAM INDUSTRIES.-SERVING AS AN EFFECTIVE CHANNEL OF COMMUNICATION OF INDUSTRY INFORMATION AMONG MEMBERS, OTHER ASSOCIATIONS, THE GOVERNMENT, AND THE PUBLIC.
-
ADVOCACY - AFPM'S GOAL IS TO ADVANCE A POLICY AGENDA THAT ALLOWS OUR INDUSTRIES TO GROW AND MANUFACTURE PRODUCTS THAT IMPROVE LIVES IN A WAY THAT PROTECTS THE SAFETY OF OUR WORKERS, OUR COMMUNITIES AND THE ENVIRONMENT. WE STRIVE TO INFORM, EDUCATE AND ADVOCATE TO LAWMAKERS, REGULATORY AGENCIES, THE MEDIA, AND GENERAL PUBLIC ON A VARIETY OF ISSUES THAT IMPACT THE REFINING, PETROCHEMICAL, AND MIDSTREAM INDUSTRIES.
-
MEETINGS - AFPM OFFERS A WIDE VARIETY OF MEETINGS AND CONFERENCES THROUGHOUT THE YEAR TO FACILITATE TECHNICAL ADVANCEMENTS AND CONTINUED PROGRESS IN SAFETY, ENVIRONMENTAL PERFORMANCE AND SECURITY FOR THE REFINING, PETROCHEMICAL, AND MIDSTREAM INDUSTRIES.
-
REPUTATIONAL ENHANCEMENT - A PROCESS SAFETY PROGRAM WHERE MEMBERS SHARE INFORMATION IN AN EFFORT TO MAXIMIZE FACILITY AND EMPLOYEE SAFETY.
-
BUSINESS ENHANCEMENT
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Mike HenniganMIKE HENNIGAN
CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
Willie ChiangWILLIE CHIANG
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
Jeff RamseyJEFF RAMSEY
PAST CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
Matthew SmorchMATTHEW SMORCH
TREASURER
- Total calculated
- $0
- Hours/week
- 2
-
Brian CanfieldBRIAN CANFIELD
EXECUTIVE COMMITTEE OFFICER
- Total calculated
- $0
- Hours/week
- 2
-
Chris CavoteCHRIS CAVOTE
EXECUTIVE COMMITTEE OFFICER
- Total calculated
- $0
- Hours/week
- 2
-
Kim FoleyKIM FOLEY
EXECUTIVE COMMITTEE OFFICER
- Total calculated
- $0
- Hours/week
- 2
-
Timothy GoTIMOTHY GO
EXECUTIVE COMMITTEE OFFICER
- Total calculated
- $0
- Hours/week
- 2
-
Joseph GorderJOSEPH GORDER
EXECUTIVE COMMITTEE OFFICER (TO MAR '24)
- Total calculated
- $0
- Hours/week
- 2
-
Neil HansenNEIL HANSEN
EXECUTIVE COMMITTEE OFFICER
- Total calculated
- $0
- Hours/week
- 2
-
Mark LashierMARK LASHIER
EXECUTIVE COMMITTEE OFFICER
- Total calculated
- $0
- Hours/week
- 2
-
Matt LuceyMATT LUCEY
EXECUTIVE COMMITTEE OFFICER
- Total calculated
- $0
- Hours/week
- 2
-
Maryann MannenMARYANN MANNEN
EXECUTIVE COMMITTEE OFFICER (FROM AUG '24)
- Total calculated
- $0
- Hours/week
- 2
-
Michael NagleMICHAEL NAGLE
EXECUTIVE COMMITTEE OFFICER
- Total calculated
- $0
- Hours/week
- 2
-
Lane RiggsLANE RIGGS
EXECUTIVE COMMITTEE OFFICER
- Total calculated
- $0
- Hours/week
- 2
-
Jeffrey RinkerJEFFREY RINKER
EXECUTIVE COMMITTEE OFFICER
- Total calculated
- $0
- Hours/week
- 2
-
Jeffrey WarmannJEFFREY WARMANN
EXECUTIVE COMMITTEE OFFICER
- Total calculated
- $0
- Hours/week
- 2
-
Stephen ToupsSTEPHEN TOUPS
ASSOCIATE MEMBER LIAISON
- Total calculated
- $0
- Hours/week
- 2
-
Neil AckermanNEIL ACKERMAN
DIRECTOR (TO MAY '24)
- Total calculated
- $0
- Hours/week
- 1
-
Wade AllemanWADE ALLEMAN
DIRECTOR (FROM MAY '24)
- Total calculated
- $0
- Hours/week
- 1
-
Timothy AydtTIMOTHY AYDT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Brad BarronBRAD BARRON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Robert BeadleROBERT BEADLE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Rawle BisamberRAWLE BISAMBER
DIRECTOR (FROM OCT '24)
- Total calculated
- $0
- Hours/week
- 1
-
Jan BuberlJAN BUBERL
DIRECTOR (FROM AUG '24)
- Total calculated
- $0
- Hours/week
- 1
-
Albert ChaoALBERT CHAO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Keith ChiassonKEITH CHIASSON
DIRECTOR (TO FEB '24)
- Total calculated
- $0
- Hours/week
- 1
-
Luis CirihalLUIS CIRIHAL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Doreen ColeDOREEN COLE
DIRECTOR (FROM FEB '24)
- Total calculated
- $0
- Hours/week
- 1
-
David ColemanDAVID COLEMAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Richard CreamerRICHARD CREAMER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Brad CrockerBRAD CROCKER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Frank Chris D'AnnaFRANK CHRIS D'ANNA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Edward J DineenEDWARD J DINEEN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jason S DuncanJASON S DUNCAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jerry DunnJERRY DUNN
DIRECTOR (TO FEB '24)
- Total calculated
- $0
- Hours/week
- 1
-
Dennis GarbarinoDENNIS GARBARINO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Rajeswar GattupalliRAJESWAR GATTUPALLI
DIRECTOR (FROM JUN '24)
- Total calculated
- $0
- Hours/week
- 1
-
Bryan GloverBRYAN GLOVER
DIRECTOR (TO JUN '24)
- Total calculated
- $0
- Hours/week
- 1
-
Brian GroodyBRIAN GROODY
DIRECTOR (TO OCT '24)
- Total calculated
- $0
- Hours/week
- 1
-
Guy HackwellGUY HACKWELL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Rb HerrscherRB HERRSCHER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Mass HinzMASS HINZ
DIRECTOR (FROM FEB '24)
- Total calculated
- $0
- Hours/week
- 1
-
Chuck HirschCHUCK HIRSCH
DIRECTOR (TO AUG '24)
- Total calculated
- $0
- Hours/week
- 1
-
Chris HocherCHRIS HOCHER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Lin HuangLIN HUANG
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Joseph IsraelJOSEPH ISRAEL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Kevin KolevarKEVIN KOLEVAR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Kevin M MillerKEVIN M MILLER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Ken MoungerKEN MOUNGER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Thomas MyersTHOMAS MYERS
DIRECTOR (TO SEP '24)
- Total calculated
- $0
- Hours/week
- 1
-
Francis MurphyFRANCIS MURPHY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
William ParkerWILLIAM PARKER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Alastair PortALASTAIR PORT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Lance PuckettLANCE PUCKETT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Patrick J ReganPATRICK J REGAN
DIRECTOR (FROM FEB '24)
- Total calculated
- $0
- Hours/week
- 1
-
Richard RennardRICHARD RENNARD
DIRECTOR (TO JAN '24)
- Total calculated
- $0
- Hours/week
- 1
-
Ross ReucasselROSS REUCASSEL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
James RhameJAMES RHAME
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Torkel RhenmanTORKEL RHENMAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Mark RolesMARK ROLES
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Mike ScottMIKE SCOTT
DIRECTOR (FROM JAN '24)
- Total calculated
- $0
- Hours/week
- 1
-
Gulay SerhatkuluGULAY SERHATKULU
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Gary SimmonsGARY SIMMONS
DIRECTOR (FROM MAR '24)
- Total calculated
- $0
- Hours/week
- 1
-
Michael SimmonsMICHAEL SIMMONS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Michael SwansonMICHAEL SWANSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
John TraegerJOHN TRAEGER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Dennis WilligDENNIS WILLIG
DIRECTOR (FROM FEB '24)
- Total calculated
- $0
- Hours/week
- 1
-
Tom YuraTOM YURA
DIRECTOR (TO FEB '24)
- Total calculated
- $0
- Hours/week
- 1
-
Brian ZolkosBRIAN ZOLKOS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Chet ThompsonCHET THOMPSON
PRESIDENT & CEO
- Total calculated
- $4,222,291
- From this org
- $3,693,962
- From related orgs
- $0
- Other
- $528,329
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $1,590,272
- Bonus
- $2,100,000
- Other
- $3,690
- Deferred
- $490,250
- Nontaxable benefits
- $38,079
- Filer's total
- $4,222,291
-
Richard MoskowitzRICHARD MOSKOWITZ
GENERAL COUNSEL
- Total calculated
- $525,176
- From this org
- $466,572
- From related orgs
- $0
- Other
- $58,604
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $465,282
- Bonus
- $0
- Other
- $1,290
- Deferred
- $41,400
- Nontaxable benefits
- $17,204
- Filer's total
- $525,176
-
Brian TatumBRIAN TATUM
CFO
- Total calculated
- $584,388
- From this org
- $505,218
- From related orgs
- $0
- Other
- $79,170
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $404,768
- Bonus
- $100,000
- Other
- $450
- Deferred
- $41,400
- Nontaxable benefits
- $37,770
- Filer's total
- $584,388
-
Jaime ZarrabyJAIME ZARRABY
SVP/COMMUNICATIONS
- Total calculated
- $655,699
- From this org
- $606,690
- From related orgs
- $0
- Other
- $49,009
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $506,390
- Bonus
- $100,000
- Other
- $300
- Deferred
- $41,400
- Nontaxable benefits
- $7,609
- Filer's total
- $655,699
-
Geoff MoodyGEOFF MOODY
SVP/GOVERNMENT RELATIONS & POLICY
- Total calculated
- $586,588
- From this org
- $508,268
- From related orgs
- $0
- Other
- $78,320
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $407,968
- Bonus
- $100,000
- Other
- $300
- Deferred
- $41,400
- Nontaxable benefits
- $36,920
- Filer's total
- $586,588
-
Lara SwettLARA SWETT
VP, SAFETY & TECHNICAL PROGRAMS
- Total calculated
- $428,541
- From this org
- $387,512
- From related orgs
- $0
- Other
- $41,029
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $337,212
- Bonus
- $50,000
- Other
- $300
- Deferred
- $34,500
- Nontaxable benefits
- $6,529
- Filer's total
- $428,541
-
Leslie BellasLESLIE BELLAS
VP, REGULATORY AFFAIRS
- Total calculated
- $412,789
- From this org
- $341,432
- From related orgs
- $0
- Other
- $71,357
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $299,452
- Bonus
- $40,000
- Other
- $1,980
- Deferred
- $34,500
- Nontaxable benefits
- $36,857
- Filer's total
- $412,789
-
Susan GrissomSUSAN GRISSOM
VP, CHIEF INDUSTRY ANALYST
- Total calculated
- $360,771
- From this org
- $306,514
- From related orgs
- $0
- Other
- $54,257
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $262,704
- Bonus
- $40,000
- Other
- $3,810
- Deferred
- $31,500
- Nontaxable benefits
- $22,757
- Filer's total
- $360,771
-
Robert BenedictROBERT BENEDICT
VP, PETROCHEMICALS & MIDSTREAM
- Total calculated
- $362,058
- From this org
- $301,338
- From related orgs
- $0
- Other
- $60,720
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $261,038
- Bonus
- $40,000
- Other
- $300
- Deferred
- $30,300
- Nontaxable benefits
- $30,420
- Filer's total
- $362,058
-
Aaron RingelAARON RINGEL
VP, GOVERNMENT AFFAIRS
- Total calculated
- $362,093
- From this org
- $293,484
- From related orgs
- $0
- Other
- $68,609
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $263,184
- Bonus
- $30,000
- Other
- $300
- Deferred
- $30,000
- Nontaxable benefits
- $38,609
- Filer's total
- $362,093
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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Independent compensation consultant
- 3 · Written employment contract
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
- 4b · Supplemental nonqualified retirement plan
Answered no
- 4a · Severance or change-of-control payment
- 4c · Equity-based compensation arrangement
The filer's explanations (Part III)
- PART I, LINE 4B
- CHET THOMPSON CONTRIBUTION TO DEFERRED COMPENSATION PLAN $444,537
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
-
$200,000
GENERAL SUPPORT
-
GENERAL SUPPORT
-
$42,500
GENERAL SUPPORT
-
WESTERN GOVERNORS ASSOCIATION
$35,000
EVENT SPONSORHIP
-
GENERAL SUPPORT
-
$21,000
GENERAL SUPPORT & EVENT SPONSORSHIP
-
EVENT SPONSORHIP
-
$15,000
GENERAL SUPPORT
-
GENERAL SUPPORT
-
THE COUNCIL OF STATE GOVERNMENTS
$15,000
GENERAL SUPPORT
The 10 largest by cash amount. The API serves every itemized grant.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 13 November 2025
- IRS schema version
- 2024v5.2
- Source object
- 202533179349312008
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.