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Filing year 2024

ASPHALT INSTITUTE INC

Lexington, Kentucky·EIN 61-1148531·6
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 · Schedule J · 7 reported individuals · Filing year 2024

Base salaryBonusOther compensationBenefits
Base salaryBonusOther compensationBenefitsExecutive compensation
$539k
$571k
Director of Engineering
highest compensated employee
$239k
$254k
Deputy Director of Engineering
highest compensated employee
$231k
$245k
Director Hs & E
highest compensated employee
$230k
$244k
Director of Research & Lab
highest compensated employee
$225k
$239k
Director of Marketing & Membership
director (operational)
$224k
$237k
Dir. Finance & Admin/secretary
secretary (operational)
$186k
$198k

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.

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.
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