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Filing year 2024

Propane Education & Research Council

Richmond, Virginia·EIN 36-4192410·6
Total revenue
$38.3M
Total assets
$52.8M
Total expenses
$41.5M
Reported officers
31
Mission

To develop programs and projects including programs to enhance consumer and employee safety & training, to provide for research & development of clean and efficient propane utilization equipment to inform and educate the public about safety and other issues associated with the use of propane.

Executive compensation, broken down

Form 990 · Schedule J · 10 reported individuals · Filing year 2024

President and CEO
$653k
$692k
Base
$438k
Bonus
$166k
Other
Benefits
$48k
Chief Operating Officer
$325k
$345k
Base
$220k
Bonus
$54k
Other
Benefits
$51k
Svp, Fiannce, Data, Technology
senior vice president
$273k
$290k
Base
$191k
Bonus
$44k
Other
Benefits
$38k
Svp, Safety, Educ, and Comp
senior vice president
$267k
$283k
Base
$190k
Bonus
$47k
Other
Benefits
$29k
Svp, Comms and Marketing
senior vice president
$264k
$280k
Base
$192k
Bonus
$33k
Other
Benefits
$39k
Dir of Admin & HR
highest compensated employee
$229k
$243k
Base
$179k
Bonus
$27k
Other
Benefits
$23k
Dir of Contracts & Internal Counsel
highest compensated employee
$212k
$225k
Base
$165k
Bonus
$25k
Other
Benefits
$22k
Dir of Market and Industry Data
highest compensated employee
$206k
$219k
Base
$157k
Bonus
$27k
Other
Benefits
$22k
Dir of Product Development & Power Generation
highest compensated employee
$198k
$210k
Base
$179k
Bonus
$500
Other
Benefits
$19k
Dir of Agriculture Business Development
highest compensated employee
$194k
$206k
Base
$150k
Bonus
$23k
Other
Benefits
$21k

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 21 unpaid individuals.

Up 6%
from 2023

From $618k in 2023 to $653k in 2024.

$618k
2023
$653k
2024
In today's dollarsEst.
Up 2% in real terms$675k to $692k

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

Propane Education & Research Council reported revenue and expenses across 2 filing years.

RevenueExpenses
$39M
$43M
2023
$38.3M
$41.5M
2024
Total revenue and total expenses from IRS Form 990 filings.
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