- Revenue 2024
- $536,588,479
- Expenses 2024
- $514,933,830
As filed
- Subsection
- 06
- Classification
- 1000
- Street
- 1701 CITY PLAZA DR
These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).
Mission and programs · 2024
Mission
To serve the public interest as well as the needs of our members and clients by promoting the safety of life and property and preserving the natural environment through the development and verification of standards for design, construction and operational maintenance of ships and marine related facilities.
Activities or mission (Part I)
To promote the safety of life and property and to preserve the natural environment.
-
As a classification society founded in 1862, the core commitment of ABS has been setting safety standards for the marine and offshore industries. This is achieved through the establishment and application of technical standards, known as Rules, for the design, construction, and operational maintenance of ships and marine related facilities. Classification is the process that certifies adherence to these Rules, comprising technical design review, construction monitoring, and ongoing survey of ships and marine related facilities over their operating life and the maintenance of the ABS Record. These activities are conducted through a network of offices in over 60 countries.Together with classification services, the company provides statutory audit services on behalf of certain regulators and flag state registries in over 100 countries.
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Officers and directors · 2024
As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.
-
Christopher J Wiernicki
Chairman and CEO
- Total calculated
- $2,978,596
- From this org
- $2,803,152
- From related orgs
- $0
- Other
- $175,444
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $1,158,937
- Bonus
- $1,610,771
- Other
- $33,444
- Deferred
- $156,674
- Nontaxable benefits
- $18,770
- Filer's total
- $2,978,596
-
John P McDonald
President and Chief Operating Officer (COO)
- Total calculated
- $2,279,677
- From this org
- $1,147,279
- From related orgs
- $0
- Other
- $1,132,398
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $567,590
- Bonus
- $573,625
- Other
- $6,064
- Deferred
- $1,101,488
- Nontaxable benefits
- $30,910
- Filer's total
- $2,279,677
-
David W Grzebinski
Director
- Total calculated
- $210,000
- From this org
- $210,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1
Schedule J breakdown matched by us
- Base
- $210,000
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $210,000
-
Craig H Stevenson Jr
Director
- Total calculated
- $210,000
- From this org
- $210,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1
Schedule J breakdown matched by us
- Base
- $210,000
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $210,000
-
Elizabeth D Whitaker
Director
- Total calculated
- $210,000
- From this org
- $210,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1
Schedule J breakdown matched by us
- Base
- $210,000
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $210,000
-
Louis A Raspino Jr
Director
- Total calculated
- $200,000
- From this org
- $200,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1
Schedule J breakdown matched by us
- Base
- $200,000
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $200,000
-
Michael L Carthew
Director
- Total calculated
- $230,000
- From this org
- $230,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1
Schedule J breakdown matched by us
- Base
- $230,000
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $230,000
-
Phillip J Shapiro
Director
- Total calculated
- $210,000
- From this org
- $210,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1
Schedule J breakdown matched by us
- Base
- $210,000
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $210,000
-
William E Jenkins
Director
- Total calculated
- $215,000
- From this org
- $215,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1
Schedule J breakdown matched by us
- Base
- $215,000
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $215,000
-
Susan K Neely
Director
- Total calculated
- $200,000
- From this org
- $200,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1
Schedule J breakdown matched by us
- Base
- $200,000
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $200,000
-
Darryl K Willis
Director
- Total calculated
- $200,000
- From this org
- $200,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1
Schedule J breakdown matched by us
- Base
- $200,000
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $200,000
-
Mark H Ross
Director
- Total calculated
- $100,000
- From this org
- $100,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1
-
Robert G Clyne
EVP General Counsel & Secretary
- Total calculated
- $1,203,242
- From this org
- $1,060,198
- From related orgs
- $0
- Other
- $143,044
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $555,370
- Bonus
- $494,999
- Other
- $9,829
- Deferred
- $124,274
- Nontaxable benefits
- $18,770
- Filer's total
- $1,203,242
-
Derek S Novak
VP & Chief Engineer
- Total calculated
- $723,149
- From this org
- $494,650
- From related orgs
- $0
- Other
- $228,499
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $312,897
- Bonus
- $180,176
- Other
- $1,577
- Deferred
- $197,017
- Nontaxable benefits
- $31,482
- Filer's total
- $723,149
-
Laura C Fulton
SVP & Chief Financial Officer (CFO)
- Total calculated
- $1,416,237
- From this org
- $1,020,305
- From related orgs
- $0
- Other
- $395,932
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $470,784
- Bonus
- $540,528
- Other
- $8,993
- Deferred
- $369,659
- Nontaxable benefits
- $26,273
- Filer's total
- $1,416,237
-
Adam W Moilanen
VP & Chief Surveyor
- Total calculated
- $905,682
- From this org
- $532,010
- From related orgs
- $0
- Other
- $373,672
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $333,422
- Bonus
- $189,495
- Other
- $9,093
- Deferred
- $354,902
- Nontaxable benefits
- $18,770
- Filer's total
- $905,682
-
Chuck Raymond Kemper
SVP & Chief Human Resources Officer
- Total calculated
- $780,509
- From this org
- $644,050
- From related orgs
- $0
- Other
- $136,459
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $364,733
- Bonus
- $274,456
- Other
- $4,861
- Deferred
- $136,459
- Nontaxable benefits
- $0
- Filer's total
- $780,509
-
Kara Pelecky
SVP & Chief Information Officer (CIO)
- Total calculated
- $743,125
- From this org
- $711,643
- From related orgs
- $0
- Other
- $31,482
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $404,776
- Bonus
- $301,604
- Other
- $5,263
- Deferred
- $0
- Nontaxable benefits
- $31,482
- Filer's total
- $743,125
-
Patrick J Ryan
SVP & Chief Technology Officer (CTO)
- Total calculated
- $724,530
- From this org
- $577,329
- From related orgs
- $0
- Other
- $147,201
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $328,321
- Bonus
- $245,050
- Other
- $3,958
- Deferred
- $115,719
- Nontaxable benefits
- $31,482
- Filer's total
- $724,530
-
Jessica Mahaffey
SVP & Chief Marketing Officer (CMO)
- Total calculated
- $712,740
- From this org
- $523,812
- From related orgs
- $0
- Other
- $188,928
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $294,812
- Bonus
- $222,430
- Other
- $6,570
- Deferred
- $173,272
- Nontaxable benefits
- $15,656
- Filer's total
- $712,740
-
Miguel Hernandez
SVP, Global Offshore Market
- Total calculated
- $560,165
- From this org
- $533,892
- From related orgs
- $0
- Other
- $26,273
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $347,517
- Bonus
- $184,411
- Other
- $1,964
- Deferred
- $0
- Nontaxable benefits
- $26,273
- Filer's total
- $560,165
-
Annisa Lyvers
VP - Data and Analytics
- Total calculated
- $341,582
- From this org
- $335,534
- From related orgs
- $0
- Other
- $6,048
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $271,614
- Bonus
- $63,032
- Other
- $888
- Deferred
- $0
- Nontaxable benefits
- $6,048
- Filer's total
- $341,582
-
Arinjit Roy
SVP - Pacific & MEA Operations
- Total calculated
- $754,781
- From this org
- $729,637
- From related orgs
- $0
- Other
- $25,144
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $205,157
- Bonus
- $149,292
- Other
- $375,188
- Deferred
- $0
- Nontaxable benefits
- $25,144
- Filer's total
- $754,781
-
Joshua Lavire
VP, Health, Safety, Quality and Environment (HSQE)
- Total calculated
- $338,119
- From this org
- $306,637
- From related orgs
- $0
- Other
- $31,482
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $225,711
- Bonus
- $79,798
- Other
- $1,128
- Deferred
- $0
- Nontaxable benefits
- $31,482
- Filer's total
- $338,119
-
Bruce Baffer
SVP, Global Government Services
- Total calculated
- $476,259
- From this org
- $445,759
- From related orgs
- $0
- Other
- $30,500
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $288,952
- Bonus
- $151,765
- Other
- $5,042
- Deferred
- $0
- Nontaxable benefits
- $30,500
- Filer's total
- $476,259
The first 25 listed. 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. Earlier years are each on their own filing page.
Filings
-
2024
- Revenue
- $536,588,479
- Expenses
- $514,933,830
- Contributions
- $0
- Grants paid
- $1,396,144
-
2023
- Revenue
- $541,482,602
- Expenses
- $479,466,138
- Contributions
- $0
- Grants paid
- $3,775,453
-
2022
- Revenue
- $487,783,327
- Expenses
- $427,437,389
- Contributions
- $0
- Grants paid
- $1,163,373
The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.
Other returns filed
-
2021 · 990
- Revenue
- $455,186,369
- Expenses
- $409,102,237
- Assets (EOY)
- $2,068,648,082
-
2020 · 990
- Revenue
- $481,856,461
- Expenses
- $416,819,653
- Assets (EOY)
- $1,955,775,194
-
2019 · 990
- Revenue
- $451,933,813
- Expenses
- $454,725,615
- Assets (EOY)
- $1,801,153,735
-
2018 · 990
- Revenue
- $460,171,472
- Expenses
- $428,978,430
- Assets (EOY)
- $1,695,844,542
-
2017 · 990
- Revenue
- $484,406,566
- Expenses
- $422,231,695
- Assets (EOY)
- $1,725,272,952
-
2016 · 990
- Revenue
- $516,801,315
- Expenses
- $500,707,173
- Assets (EOY)
- $1,588,008,759
-
2015 · 990
- Revenue
- $675,731,372
- Expenses
- $587,429,521
- Assets (EOY)
- $1,560,827,151
-
2014 · 990
- Revenue
- $732,697,005
- Expenses
- $642,755,702
- Assets (EOY)
- $1,533,461,112
-
2013 · 990
- Revenue
- $748,760,587
- Expenses
- $660,897,388
- Assets (EOY)
- $1,505,123,153
-
2012 · 990
- Revenue
- not reported
- Expenses
- $648,605,202
- Assets (EOY)
- $1,322,514,237
Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all. Showing the 10 most recent; the API carries the rest.
Grants made
-
Texas A&M University Foundation
$2,500,000
2023 ABS 2023 Funding of University Research.
-
$121,000
2023 ABS 2023 Scholarships for tuition and books.
-
$100,500
2023 ABS 2023 Scholarships for tuition and books.
-
$100,000
2024 ABS 2024 Scholarships for tuition and books.
-
$100,000
2024 ABS 2024 Scholarships for tuition and books.
-
$100,000
2022 ABS 2022 Scholarships for tuition and books.
-
$80,000
2022 ABS 2022 Scholarships for tuition and books.
-
$66,273
2024 ABS 2024 Charitable Support.
-
$62,000
2023 ABS 2023 Scholarships for tuition and books.
-
$61,000
2023 ABS 2023 Scholarships for tuition and books.
The 10 largest by cash amount. The API serves every itemized grant.
Grants received
-
$549,867
2024 RESEARCH GRANTS
-
$543,267
2023 RESEARCH GRANT
-
$424,633
2022 RESEARCH GRANT
Related organizations
From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.
Declared as related by
-
AMERICAN BUREAU OF SHIPPING VEBA MASTER TRUST
On its 2024 return
Taxable family
From Schedule R Parts I, III and IV: entities that legally are the filer, and taxable partnerships, corporations and trusts it is related to. These record ownership and control, not shared board members or money.
Related partnerships on its 2024 return
-
Common Structural Rules Software LLC
Related · Computer Programming · TX · 50% owned · share of income -$755,299 · share of assets $23,980
-
Herbert - ABS Software Solutions LLC
Unrelated · Software Design · CA · 50% owned · share of income $65,481 · share of assets $1,777,893 · general or managing partner
Related corporations and trusts on its 2024 return
-
C · Holding Company · NJ · 100% owned · share of income $403,726 · share of assets $83,583,449
-
C · Inspections/Testing · NY · 100% owned · share of income $5,698,809 · share of assets $90,489,783
-
C · Quality Evaluations · DE · 100% owned · share of income $545,976 · share of assets $10,201,221
-
C · Services · DE · 100% owned · share of income -$4,234,767 · share of assets $138,552
-
Genesis Solutions Holdings Inc
C · Consulting Services · DE · 100% owned · share of assets $12,972,677
-
Genesis Technology Solutions Inc
C · Consulting Services · DE · 100% owned · share of income -$645,000 · share of assets $4,825,916
-
C · Inactive · DC · 100% owned
-
C · Evaluate Marine Vessels · DE · 100% owned · share of assets -$343,629
-
C · Holding Company · NY · 100% owned · share of assets $28,513,765
-
ABS Boiler and Marine Insurance Company
C · Insurance-Captive · VT · 100% owned · share of income $2,638,451 · share of assets $46,256,217
-
C · Dev Tech Solutions · DE · 100% owned · share of income -$39,932,132 · share of assets $14,490,016
-
American Bureau of Shipping Inc
C · Inactive · DE · 100% owned · share of assets $1,000
-
C · Inactive · DE · 100% owned
-
ABS Boiler and Marine Technical Services Co
C · Dormant · CH · 100% owned
-
ABS Consulting (S) PTE Ltd
C · Engineering · SN · 100% owned · share of income $1,370,638 · share of assets $7,870,048
-
ABS Consulting Ltd
C · Engineering · UK · 100% owned · share of income $72,105 · share of assets $3,126,308
-
ABS Group Columbia SAS
C · Engineering · CO · 100% owned · share of income -$21,185 · share of assets $68,283
-
ABS Group del Peru SAC
C · Engineering · PE · 100% owned · share of income $22,403 · share of assets $293,005
-
ABS Group Services (Canada) Ltd
C · Engineering · CA · 100% owned · share of income $78,000 · share of assets $982,491
-
ABS Group Services de Chile Training SA
C · Engineering Training · CI · 100% owned · share of income -$3,342
-
ABS Group Services de Mexico SA De CV
C · Engineering · MX · 100% owned · share of income -$4,717,662 · share of assets $20,402,525
-
ABS Group Services do Brasil Ltda
C · Engineering · BR · 100% owned · share of income -$100,058 · share of assets $1,883,534
-
ABS Industrial Inspection Services Nigeria Ltd
C · Inspections · NI · 100% owned · share of income -$278,993 · share of assets $638,117
-
ABS InfoLink Pvt Ltd
C · Software · IN · 100% owned · share of income $207,027 · share of assets $183,972
-
ABS Maritime Services (Hellas) LLC
C · Services · GR · 100% owned · share of income $49,819 · share of assets $539,849
The first 25 as filed. The return lists the rest.
Other IRS files
Auto-Revocation List
Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.
Publication 78
Not present in the most recent drop.
These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.
What this page reflects
The registration facts above come from the IRS Business Master File published 13 October 2026 and read 23 October 2026, for every organization at once. Returns through tax year 2024, the newest we have parsed for this organization.