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Filing year 2024

INDEPENDENT PETROLEUM ASSOCIATION

Washington, District of Columbia·EIN 73-0296927·6
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 · Schedule J · 8 reported individuals · Filing year 2024

$456k
$484k
Base
$368k
Bonus
$53k
Other
Benefits
$16k
$426k
$452k
Base
$336k
Bonus
$50k
Other
Benefits
$19k
Base
$275k
Bonus
$30k
Other
Benefits
$46k
VP of Govt.
vice president
$244k
$259k
Base
$179k
Bonus
$20k
Other
Benefits
$34k
VP Admin/mem
vice president
$233k
$248k
Base
$167k
Bonus
$20k
Other
Benefits
$36k
VP of Govt.
vice president
$208k
$221k
Base
$167k
Bonus
$20k
Other
Benefits
$21k
Director Com
highest compensated employee
$169k
$179k
Base
$124k
Bonus
$15k
Other
Benefits
$22k
Sr. Dir of M
highest compensated employee
$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.

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.
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