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Filing year 2024

ASSOCIATION OF AMERICAN RAILROADS

Washington, District of Columbia·EIN 53-6000125·6
Total revenue
$70.2M
Total assets
$52.3M
Total expenses
$68.3M
Reported officers
21
Mission

AAR PROMOTES A SAFE AND EFFICIENT NORTH AMERICAN RAIL SYSTEM WITH PRINCIPAL ACTIVITIES IN AREAS SUCH AS STANDARDS, OPERATIONS, SAFETY, SECURITY, PUBLIC AFFAIRS AND PUBLIC POLICY.

Executive compensation, broken down

Form 990 · Schedule J · 11 reported individuals · Filing year 2024

$2.8M
$2.9M
Base
$1.5M
Bonus
$1.1M
Other
$183k
Benefits
$61k
Svp-law & General Counsel
key employee
$823k
$874k
Base
$524k
Bonus
$191k
Other
$46k
Benefits
$35k
Svp-government Affairs
highest compensated employee
$737k
$782k
Base
$493k
Bonus
$181k
Other
$2k
Benefits
$38k
Svp-fin, Admin & CFO
$684k
$726k
Base
$441k
Bonus
$163k
Other
$7k
Benefits
$51k
Svp-safety & Operations
key employee
$641k
$681k
Base
$432k
Bonus
$157k
Other
$14k
Benefits
$6k
Svp-communications
key employee
$596k
$633k
Base
$373k
Bonus
$138k
Other
$2k
Benefits
$45k
Svp-policy & Economics
highest compensated employee
$478k
$508k
Base
$294k
Bonus
$117k
Other
$604
Benefits
$46k
Program Manager
highest compensated employee
$468k
$497k
Base
$295k
Bonus
$59k
Other
$32k
Benefits
$39k
Associate General Counsel
highest compensated employee
$444k
$471k
Base
$302k
Bonus
$60k
Other
$5k
Benefits
$52k
Associate General Counsel
highest compensated employee
$388k
$412k
Base
$301k
Bonus
$58k
Other
$3k
Benefits
$4k
Corporate Secretary
secretary (operational)
$356k
$378k
Base
$256k
Bonus
$38k
Other
$937
Benefits
$47k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Washington-Arlington-Alexandria, DC-VA-MD-WV metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 10 unpaid individuals.

Up 7%
from 2023

From $2.6M in 2023 to $2.8M in 2024.

$2.6M
2023
$2.8M
2024
In today's dollarsEst.
Up 4% in real terms$2.8M to $2.9M

Estimated with Washington-Arlington-Alexandria, DC-VA-MD-WV metro-area CPI-U, 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

ASSOCIATION OF AMERICAN RAILROADS reported revenue and expenses across 2 filing years.

RevenueExpenses
$77M
$68.1M
2023
$70.2M
$68.3M
2024
Total revenue and total expenses from IRS Form 990 filings.
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