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Filing year 2024

INDEPENDENT PETROLEUM ASSOCIATION

Washington, District of Columbia·EIN 73-0296927·501(c)(6)
Total revenue
$4.9M
Total assets
$5M
Total expenses
$4.6M
Reported officers
54
Mission

IPAA IS A NATIONAL TRADE ASSOCIATION, HEADQUARTERED IN WASHINGTON, D.C., THAT REPRESENTS THOUSANDS OF INDEPENDENT OIL AND NATURAL GAS PRODUCERS AND SERVICE COMPANIES ACROSS THE UNITED STATES. IT SERVES AS AN INFORMED VOICE FOR THE EXPLORATION AND PRODUCTION SEGMENT OF THE INDUSTRY AND ADVOCATES ITS MEMBERS' VIEWS BEFORE THE UNITED STATES CONGRESS, THE WHITE HOUSE, AND FEDERAL AGENCIES. IPAA PROVIDES ECONOMIC AND STATISTICAL INFORMATION ABOUT THE U.S. EXPLORATION AND PRODUCTION INDUSTRY. IPAA DEVELOPS NETWORKING AND BUSINESS DEVELOPMENT OPPORTUNITIES FOR ITS MEMBERS.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 8 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
$456k
$484k
Base
$368k
Bonus
$53k
Other
Benefits
$16k
Coo, Secreta
Above 90th percentile
$426k
$452k
Base
$336k
Bonus
$50k
Other
Benefits
$19k
CFO
Above 90th percentile
$368k
$391k
Base
$275k
Bonus
$30k
Other
Benefits
$46k
VP of Govt.
Board Vice President
75th to 90th percentile
$244k
$259k
Base
$179k
Bonus
$20k
Other
Benefits
$34k
VP Admin/mem
Board Vice President
75th to 90th percentile
$233k
$248k
Base
$167k
Bonus
$20k
Other
Benefits
$36k
VP of Govt.
Board Vice President
Median to 75th percentile
$208k
$221k
Base
$167k
Bonus
$20k
Other
Benefits
$21k
Director Com
Highest Compensated Employee
Median to 75th percentile
$169k
$179k
Base
$124k
Bonus
$15k
Other
Benefits
$22k
Sr. Dir of M
Highest Compensated Employee
10th to 25th percentile
$112k
$119k

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 46 unpaid individuals.

Up 19%
from 2023

From $382k in 2023 to $456k in 2024.

$382k
2023
$456k
2024
In today's dollarsEst.
Up 15% in real terms$419k to $484k

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.

Pay for the position

Chief Executive Officer pay rose 19% from 2023 to 2024, while revenue fell 10%.

$382k in 2023 to $456k in 2024.
  • Chief Operating Officer pay rose 24% from 2023 to 2024.
  • Chief Financial Officer pay rose 23% 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

INDEPENDENT PETROLEUM ASSOCIATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$5.4M
$4.9M
2023
$4.9M
$4.6M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about INDEPENDENT PETROLEUM ASSOCIATION

What does the Chief Executive Officer of INDEPENDENT PETROLEUM ASSOCIATION earn?

In 2024, the Chief Executive Officer of INDEPENDENT PETROLEUM ASSOCIATION received $455,763 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 INDEPENDENT PETROLEUM ASSOCIATION 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 PETROLEUM ASSOCIATION falls in the top 10%.

What are INDEPENDENT PETROLEUM ASSOCIATION's revenue and expenses?

In 2024, INDEPENDENT PETROLEUM ASSOCIATION reported $4.9M in total revenue and $4.6M in total expenses on its IRS Form 990.

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