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Filing year 2024

ASPHALT INSTITUTE INC

Lexington, Kentucky·EIN 61-1148531·501(c)(6)
Total revenue
$9.6M
Total assets
$14.8M
Total expenses
$9.4M
Reported officers
41
Mission

THROUGH EDUCATION, ENGINEERING, TECHNICAL DEVELOPMENT, ENVIRONMENTAL STEWARDSHIP AND MARKETING LEADERSHIP, THE ASPHALT INSTITUTE PROMOTES THE SAFE USE, BENEFITS, AND QUALITY PERFORMANCE OF PETROLEUM ASPHALTS IN A UNIFIED VOICE FOR OUR MEMBERSHIP.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 7 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

President
Above 90th percentile
$539k
$571k
Base
$432k
Bonus
$75k
Other
$5k
Benefits
$5k
Director of Engineering
Highest Compensated Employee
75th to 90th percentile
$239k
$254k
Base
$208k
Bonus
$7k
Other
$4k
Benefits
$5k
Deputy Director of Engineering
Highest Compensated Employee
Median to 75th percentile
$231k
$245k
Base
$186k
Bonus
$4k
Other
$4k
Benefits
$24k
Director Hs & E
Highest Compensated Employee
Median to 75th percentile
$230k
$244k
Base
$186k
Bonus
$4k
Other
$4k
Benefits
$23k
Director of Research & Lab
Highest Compensated Employee
Median to 75th percentile
$225k
$239k
Base
$180k
Bonus
$5k
Other
$3k
Benefits
$24k
Director of Marketing & Membership
Director (Operational)
Above 90th percentile
$224k
$237k
Base
$205k
Bonus
Other
$2k
Benefits
$11k
Dir. Finance & Admin/secretary
Secretary (Operational)
Above 90th percentile
$186k
$198k
Base
$140k
Bonus
$9k
Other
$3k
Benefits
$24k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 34 unpaid individuals.

Up 3%
from 2023

From $522k in 2023 to $539k in 2024.

$522k
2023
$539k
2024
In today's dollarsEst.
Roughly flat in real terms$570k to $571k

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay rose 3% from 2023 to 2024, while revenue rose 3%.

$522k in 2023 to $539k in 2024.
  • Highest Compensated Employee pay rose 2% from 2023 to 2024.
  • Director (Operational) pay fell 10% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

ASPHALT INSTITUTE INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$9.3M
$8.6M
2023
$9.6M
$9.4M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about ASPHALT INSTITUTE INC

What does the Chief Executive Officer of ASPHALT INSTITUTE INC earn?

In 2024, the Chief Executive Officer of ASPHALT INSTITUTE INC received $538,643 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among nonprofits nationwide, across all sectors: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at ASPHALT INSTITUTE INC compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Executive Officer at ASPHALT INSTITUTE INC falls in the top 10%.

What are ASPHALT INSTITUTE INC's revenue and expenses?

In 2024, ASPHALT INSTITUTE INC reported $9.6M in total revenue and $9.4M in total expenses on its IRS Form 990.

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