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American Petroleum Institute

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 130433430 ✦ Washington, DC ✦ Designated as a 501(c)(6)

Overview

What is American Petroleum Institute?

The American Petroleum Institute (API) is a significant nonprofit organization headquartered in Washington, D.C. With a workforce of 387 employees, API advocates for the interests of the oil and natural gas industry on various platforms. They engage in dialogue with legislative bodies, executive branches of government, and regulatory agencies, representing their members' public policy goals. API negotiates on behalf of the industry in legal proceedings and collaborates with other associations to accomplish their objectives. Their mission encompasses promoting safety within the industry on a global scale and supporting a robust, thriving U.S. oil and natural gas sector.


Official website here: www.api.org

Is American Petroleum Institute legitimate?

American Petroleum Institute is a legitimate nonprofit organization registered as a 501(c)(6) entity. American Petroleum Institute submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are not tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $9,753,043
Professional Fundraising Fees: $0
Other Salaries and Wages: $46,283,580

For more financial information, click here


Official website here: www.api.org

What is the mission statement of American Petroleum Institute?

The American Petroleum Institute (API) is dedicated to advancing the safety and sustainability of the oil and natural gas industry on a global scale. Its mission encompasses influencing public policy to support a strong industry in the United States. API acts as a voice for the industry, engaging with Congress, executive branches, state legislatures, and the media. It negotiates with regulatory agencies, participates in coalitions, and collaborates with other associations to achieve its members' policy objectives. API's advocacy efforts are centered around ensuring the industry's continued viability while promoting safety across the board.


Official website here: www.api.org

Who is the CEO of American Petroleum Institute?

Michael J Sommers is the President And Ceo of American Petroleum Institute. The CEO's salary of American Petroleum Institute is $2,793,734 and their total compensation is $3,483,050.


Official website here: www.api.org

What is the revenue of American Petroleum Institute?

American Petroleum Institute's revenue in 2022 was $239,392,392.


Official website here: www.api.org

Who are the executives of American Petroleum Institute and what are their salaries?

The average compensation at American Petroleum Institute during 2022 was $144,797. There are 387 employees and 15,000 volunteers at American Petroleum Institute.

Here are 62 key members and their salaries (American Petroleum Institute's CEO's salary is $2,793,734 and their total compensation is $3,483,050):

    Michael J Sommers (President And Ceo) [Trustee/Director]
  • Compensation: $2,793,734
  • Related: $0
  • Other: $689,316

    • Amanda E Eversole (Executive Vp & Chief Advocacy Offr)
  • Compensation: $1,198,224
  • Related: $0
  • Other: $108,928

    • Megan B Bloomgren (Sr Vp, Communications)
  • Compensation: $969,224
  • Related: $0
  • Other: $151,248

    • John P Wagner (Vp & Deputy General Counsel)
  • Compensation: $543,328
  • Related: $0
  • Other: $228,142

    • Shannon Dibari (Sr Vp, Bus Operations & Strategy)
  • Compensation: $666,332
  • Related: $0
  • Other: $88,694

    • Ryan P Meyers (Sr Vp & Chief Legal Officer)
  • Compensation: $633,367
  • Related: $0
  • Other: $101,754

    • Frank J Macchiarola (Sr Vp, Policy, Economics & Reg Affrs)
  • Compensation: $684,825
  • Related: $0
  • Other: $-2,901

    • Anchal S Liddar (Sr Vp, Global -Industry Services)
  • Compensation: $535,019
  • Related: $0
  • Other: $104,387

    • Steven Sisneros (Vp, External Mobilization)
  • Compensation: $472,293
  • Related: $0
  • Other: $77,983

    • Stephen Comstock (Vp And Senior Counselor)
  • Compensation: $391,236
  • Related: $0
  • Other: $37,465

    • Benny Seto (Vp And Chief Financial Officer)
  • Compensation: $360,050
  • Related: $0
  • Other: $60,640

    • Paul Afonso (Sr Vp, Chief Lgl Offr -Left Jan 2022)
  • Compensation: $521,250
  • Related: $0
  • Other: $-113,320

    • Michael J Pfeiffer (Former Key Employee)
  • Compensation: $321,845
  • Related: $0
  • Other: $64,991

    • Rolf W Hanson (Vp, State Government Relations)
  • Compensation: $500,459
  • Related: $0
  • Other: $-183,056

    • Robin Rorick (Vp, Midstream Policy)
  • Compensation: $406,206
  • Related: $0
  • Other: $-135,844

    • William A Koetzle (Sr Vp, Gov Relations - Left Mar 2022)
  • Compensation: $288,191
  • Related: $0
  • Other: $-85,919

    • Michael K Wirth (Chairman Of The Board) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Al Monaco (Board Member & Chair Fin Cmte) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Alan S Armstrong (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joseph A Blount (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Willie Chiang (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John J Christmann (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sandy Esslemont (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • W Randall Fowler (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ann G Fox (Board Member - Start Mar 2022) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jack A Fusco (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Greg C Garland (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Chris Golden (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mike J Hennigan (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John B Hess (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Vicki Hollub (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • W Herbert Hunt (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Roger Hutson (Board Member - Start Mar 2022) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Roger W Jenkins (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Thomas E Jorden (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kevin P Kauffman (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tracy W Krohn (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ryan M Lance (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Matthew Lanigan (Board Member - Start Mar 2022) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Roderick D Larson (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David C Lawler (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jeffrey W Martin (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brendan Mccracken (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jeff Miller (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Richard E Muncrief (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Olivier Le Peuch (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Douglas J Pferdehirt (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Franois Poirier (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ferdinando Rigardo (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lorenzo Simonelli (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Travis D Stice (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Arja Talakar (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lee M Tillman (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael P Ure (Board Member - Start Mar 2022) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gretchen H Watkins (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bill Way (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Darren W Woods (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Karen B Wright (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brian Coffman (Board Member - Left Jul 2022) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Paul L Howes (Board Member - Left Feb 2022) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brigham A Mccown (Board Member - Left Jan 2022) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Geraldine Slattery (Board Member - Left May 2022) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.api.org

    Where can I find the form 990 for American Petroleum Institute?

    The American Petroleum Institute’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.api.org

    Learn more at the official website: www.api.org

    Mission Statement of American Petroleum Institute

    The American Petroleum Institute (API) is a prominent organization with a mission to promote safety within the global oil and natural gas industry and to advocate for a robust, thriving industry in the United States. By influencing public policy, API represents the industry before various levels of government and in the media. The institute negotiates with regulatory agencies, participates in coalitions, and engages in legal proceedings to achieve the policy objectives of its members.

    In line with its mission, API prioritizes safety within the oil and natural gas industry on a global scale. It advocates for policies that uphold the highest safety standards and strives to ensure a strong industry presence. By acting as a voice for the industry, API works towards shaping regulations that support the growth and sustainability of the oil and natural gas sector. Additionally, the institute collaborates with other associations to amplify industry initiatives and to achieve collective goals.

    In summary, the American Petroleum Institute (API) plays a crucial role in championing safety across the oil and natural gas industry worldwide and advocating for the interests of its members in the public policy sphere. By engaging in various advocacy efforts and partnerships, API drives impactful change and supports the growth of a strong, viable U.S. oil and natural gas industry.

    Impact

    This information is meant to be a general summary of American Petroleum Institute. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, April 13, 2024

    The American Petroleum Institute's impact can be seen through its advocacy efforts on behalf of the oil and natural gas industry. API speaks for the industry before Congress, the executive branch of government, state legislatures, and the media. By negotiating with regulatory agencies, representing the industry in legal proceedings, participating in coalitions, and working in partnership with other associations, API strives to achieve its members' public policy goals.

    API's mission is to promote safety across the industry globally and to influence public policy in support of a strong, viable U.S. oil and natural gas industry. Through these efforts, API plays a significant role in shaping the regulations and policies that govern the industry, as well as in fostering a positive environment for its members to operate in.

    Additionally, API's work is not limited to its members only but also has broader implications for community improvement and the overall economy. By advocating for policies that support the industry's growth and sustainability, API contributes to job creation, economic development, and energy security in the United States.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $-523,368
  • Program Service Revenue: $213,451,127
  • Gross Receipts: $253,602,131

    • Assets and Liabilities:
  • Total Assets: $119,268,843
  • Total Liabilities: $144,867,593
  • Net Assets: -$25,598,750
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    MEMBERSHIP DUES

    Revenue

    $109,781,426

    CERTIFICATION PROGRAM

    Revenue

    $97,424,012

    MEETING REVENUE

    Revenue

    $6,141,062

    SUBSCRIPTIONS

    Revenue

    $104,627

    Organization Details

    Founding Year

    1919

    Principal Officer

    Michael J Sommers

    Main Address

    200 MASSACHUSETTS AVE NW 1100, WASHINGTON, DC, 20001

    NTEE Category

    Code: S41 - Community improvement