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Filing year 2024

Independent Connecticut Petroleum Association Inc

Cromwell, Connecticut·EIN 23-7106331·501(c)(6)
Total revenue
$1.2M
Total assets
$1.7M
Total expenses
$976k
Reported officers
32
Mission

To strengthen and protect the future of the petroleum industry and its member companies through the conduct of such activities as trade shows, seminars, consumer education and legislative reasearch.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2024

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

President
75th to 90th percentile
$191k
$207k
Base
$166k
Bonus
Other
Benefits
$26k

Teal figures restate each filed amount in 2026 dollars.

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

Plus 31 unpaid individuals.

Down 28%
from 2023

From $267k in 2023 to $191k in 2024.

$267k
2023
$191k
2024
In today's dollarsEst.
Down 31% in real terms$298k to $207k

Estimated with BLS CPI-U for the Northeast 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 fell 28% from 2023 to 2024, while revenue rose 18%.

$267k in 2023 to $191k in 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

Independent Connecticut Petroleum Association Inc reported revenue and expenses across 2 filing years.

RevenueExpenses
$1M
$921k
2023
$1.2M
$976k
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about Independent Connecticut Petroleum Association Inc

What does the Chief Executive Officer of Independent Connecticut Petroleum Association Inc earn?

In 2024, the Chief Executive Officer of Independent Connecticut Petroleum Association Inc received $191,269 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among nonprofits nationwide, across all sectors, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at Independent Connecticut Petroleum Association 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 Independent Connecticut Petroleum Association Inc falls between the 75th and 90th percentiles.

What are Independent Connecticut Petroleum Association Inc's revenue and expenses?

In 2024, Independent Connecticut Petroleum Association Inc reported $1.2M in total revenue and $976k in total expenses on its IRS Form 990.

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