AMERICAN PETROLEUM INSTITUTE
200 MASSACHUSETTS AVE NW NO 1100, WASHINGTON, DC 20001 www.api.org

Total Revenue
$234,349,360
Total Expenses
$242,248,092
Net Assets
$-45,752,391

Organizations Filed Purposes: 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.

SEE PART III, LINE 1

ADVOCACY - API SPEAKS FOR THE PETROLEUM INDUSTRY BEFORE CONGRESS, THE EXECUTIVE BRANCH OF GOVERNMENT, STATE LEGISLATURES, AND THE MEDIA. IT NEGOTIATES WITH REGULATORY AGENCIES, REPRESENTS THE INDUSTRY IN LEGAL PROCEEDINGS, PARTICIPATES IN COALITIONS, AND WORKS IN PARTNERSHIP WITH OTHER ASSOCIATIONS TO ACHIEVE ITS MEMBERS' PUBLIC POLICY GOALS.

RESEARCH AND STATISTICS - API CONDUCTS OR SPONSORS RESEARCH RANGING FROM ECONOMIC ANALYSES TO TOXICOLOGICAL TESTING. API COLLECTS, MAINTAINS AND PUBLISHES STATISTICS AND DATA ON ALL ASPECTS OF U.S. INDUSTRY OPERATIONS, INCLUDING SUPPLY AND DEMAND FOR VARIOUS PRODUCTS, IMPORTS AND EXPORTS, DRILLING ACTIVITIES AND COSTS, AND WELL COMPLETIONS. THIS DATA PROVIDES TIMELY INDICATORS OF INDUSTRY TRENDS. API'S WEEKLY STATISTICAL BULLETIN IS THE MOST RECOGNIZED PUBLICATION, WIDELY REPORTED BY THE MEDIA.

STANDARDS - FOR MORE THAN 90 YEARS, API HAS LED THE DEVELOPMENT OF PETROLEUM, NATURAL GAS AND PETROCHEMICAL EQUIPMENT AND OPERATING STANDARDS. THESE REPRESENT THE INDUSTRY'S COLLECTIVE WISDOM ON EVERYTHING FROM DRILL BITS TO ENVIRONMENTAL PROTECTION AND EMBRACE PROVEN, SOUND ENGINEERING AND OPERATING PRACTICES AND SAFE, INTERCHANGEABLE EQUIPMENT AND MATERIALS. API MAINTAINS NEARLY 700 STANDARDS AND RECOMMENDED PRACTICES. MANY HAVE BEEN INCORPORATED INTO STATE AND FEDERAL REGULATIONS AND THEY ARE ALSO THE MOST WIDELY CITED STANDARDS BY THE INTERNATIONAL REGULATORY COMMUNITY.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Jack N GerardPRESIDENT AND CEO THRU 7/30/201840$10,604,807
Michael J SommersPRESIDENT AND CEO AS OF 8/1/201840$1,790,404
Martin J DurbinEXECUTIVE VP & CHIEF STRATEGY OFFICER40$1,622,506
Charles R WilliamsEXEC DIR CTR FOR OFFSHORE SAFETY40$789,855
Frank J MacchiarolaVICE PRESIDENT40$576,368
Rolf W HansonVICE PRESIDENT40$523,444
Megan B BloomgrenVICE PRESIDENT40$512,401
Kyle B IsakowerVICE PRESIDENT40$506,794
Stacy R LindenGENERAL COUNSEL & CORPORATE SECRETARY40$490,726
Erik G MilitoVICE PRESIDENT40$472,242
Debra C PhillipsVICE PRESIDENT40$311,450
Michael J PfeifferDIRECTOR OF FINANCE40$295,622
Amanda E EversoleEXECUTIVE VP & CHIEF OPERATING OFFICER40$293,153
Jose G UriaFORMER ACTING VP (KEY EMPLOYEE)40$259,328
John E RobertsonVICE PRESIDENT AND CFO40$123,933
William A KoetzleVICE PRESIDENT40$74,439
Karen WrightBOARD MEMBER0.5$0
Darren WoodsCHAIRMAN OF THE BOARD0.5$0
Mike WirthBOARD MEMBER (AS OF 3/18)0.5$0
David W WilliamsBOARD MEMBER (THRU 3/18)0.5$0
William J WayBOARD MEMBER0.5$0
John S WatsonBOARD MEMBER (THRU 2/18)0.5$0
Al WalkerBOARD MEMBER0.5$0
Lee M TillmanBOARD MEMBER0.5$0
Doug J SuttlesBOARD MEMBER0.5$0
Dave StoverBOARD MEMBER0.5$0
Lorenzo SimonelliBOARD MEMBER0.5$0
David T SeatonBOARD MEMBER0.5$0
Jose-Ignacio Sanz SaizBOARD MEMBER0.5$0
Dan RomaskoBOARD MEMBER (THRU 1/18)0.5$0
Julie RobertsonBOARD MEMBER (AS OF 3/18)0.5$0
David RintoulBOARD MEMBER (THRU 3/18)0.5$0
Gary G RichBOARD MEMBER0.5$0
Torgrim ReitanBOARD MEMBER (THRU 10/18)0.5$0
Douglas PferdehirtBOARD MEMBER0.5$0
Harry PefanisBOARD MEMBER (THRU 10/18)0.5$0
Steve PastorBOARD MEMBER0.5$0
Richard MuncriefBOARD MEMBER0.5$0
Al MonacoBOARD MEMBER0.5$0
John MingeBOARD MEMBER (THRU 5/18)0.5$0
Jeff MillerBOARD MEMBER0.5$0
Robert Doug LawlerBOARD MEMBER0.5$0
Rod LarsonBOARD MEMBER0.5$0
Ryan M LanceBOARD MEMBER0.5$0
Tracy W KrohnBOARD MEMBER0.5$0
Paal KibsgaardBOARD MEMBER0.5$0
Tom JordenBOARD MEMBER0.5$0
Roger JenkinsBOARD MEMBER0.5$0
W Herbert HuntBOARD MEMBER0.5$0
Paul L HowesBOARD MEMBER0.5$0
Vicki HollubBOARD MEMBER & CHAIR FIN CMTE0.5$0
John B HessBOARD MEMBER0.5$0
Gary R HemingerBOARD MEMBER0.5$0
Hans Jakob HeggeBOARD MEMBER (AS OF 10/18)0.5$0
Dave A HagerBOARD MEMBER0.5$0
Russell K GirlingBOARD MEMBER0.5$0
Greg C GarlandBOARD MEMBER0.5$0
Tim DoveBOARD MEMBER0.5$0
Susan DioBOARD MEMBER (AS OF 5/18)0.5$0
Dan DingesBOARD MEMBER0.5$0
Lisa DavisBOARD MEMBER0.5$0
Bruce CulpepperBOARD MEMBER0.5$0
Brian CoffmanBOARD MEMBER (AS OF 3/18)0.5$0
John ChristmannBOARD MEMBER0.5$0
Willie ChiangBOARD MEMBER (AS OF 10/18)0.5$0
Thomas BurkeBOARD MEMBER0.5$0
Lee BoothbyBOARD MEMBER0.5$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/201903199349305980_public.xml

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