ASPHALT INSTITUTE INC
2696 RESEARCH PARK DRIVE, LEXINGTON, KY 405118480 www.asphaltinstitute.org

Total Revenue
$8,021,855
Total Expenses
$8,532,396
Net Assets
$10,496,725

Organizations Filed Purposes: THROUGH EDUCATION, ENGINEERING, TECHNICAL DEVELOPMENT, ENVIRONMENTAL STEWARDSHIP AND MARKETING LEADERSHIP, THE ASPHALT INSTITUTE PROMOTES THE SAFE USE, BENEFITS, AND QUALITY PERFORMANCE OF PETROLEUM ASPHALTS WITH A UNIFIED VOICE FOR OUR MEMBERSHIP.

PUBLICATIONS AND SUBSCRIPTIONS: THE ASPHALT INSTITUTE DEVELOPS AND PUBLISHES NEARLY 100 EDUCATIONAL PRODUCTS RANGING FROM TEXTBOOK-SIZE TECHNICAL MANUALS TO SMALLER, TOPICAL INFORMATIONAL PUBLICATIONS AND VIDEOS FOR THE EDUCATIONAL BENEFIT OF THE INDUSTRY. SOME OF THESE ARE SAFETY-RELATED PUBLICATIONS OR TRAINING MATERIALS AND ALL SUPPORT THE EDUCATION AND TRAINING MISSION OF THE INSTITUTE. THE INSTITUTE ALSO PUBLISHES A SUBSCRIPTION-FREE INDUSTRY-WIDE MAGAZINE ONLINE AND IN PRINT AND DISTRIBUTES OVER 18,000 OF THESE PER ISSUE. THE PURPOSE OF THE MAGAZINE IS TO EDUCATE AND PROMOTE ASPHALT USE AND INTRODUCE NEW BINDER TECHNOLOGY. THE INSTITUTE SELLS ANNUAL SUBSCRIPTIONS TO ITS PROPRIETARY R18LABQMS CLOUD-BASED LABORATORY MANAGEMENT SOFTWARE, WHICH IS USED TO MANAGE A LAB'S QUALITY MANUAL, WHICH IS REQUIRED FOR LAB CERTIFICATION.

INDUSTRY RESEARCH: THE ASPHALT INSTITUTE CONDUCTS RESEARCH TO EVALUATE AND IMPROVE THE ASPHALT BINDER SPECIFICATION AND ASPHALT MIXTURE PERFORMANCE. FINDINGS OF COMPLETED RESEARCH ARE PRESENTED IN VARIOUS PUBLIC TECHNICAL FORUMS IN NORTH AMERICA. THE ASPHALT INSTITUTE WORKS CLOSELY WITH FEDERAL, STATE, AND PROVINCIAL (CANADIAN) GOVERNMENT AGENCIES TO ADVANCE UNDERSTANDING OF IMPROVED CONSTRUCTION TECHNIQUES AND HIGHER PERFORMANCE MATERIALS.

TRAINING: THE ASPHALT INSTITUTE PLANS AND CONDUCTS TRAINING SEMINARS FOR A VARIETY OF TECHNICAL AUDIENCES ON A WIDE RANGE OF TOPICS IN ASPHALT TECHNOLOGY. THESE COURSES, UNDER THE HEADING OF THE ASPHALT ACADEMY, INCLUDE INSTRUCTION ON MIX AND PAVEMENT THICKNESS DESIGN, VOLUMETRICS, AND ASPHALT BINDER AND EMULSION TESTING. ASPHALT ACADEMY SEMINARS EDUCATE STUDENTS ON PROPER PRACTICES FOR THE DESIGN, CONSTRUCTION, MAINTENANCE, AND REHABILITATION OF ALL TYPES OF ASPHALT PAVEMENTS. SEMINARS MAY BE DELIVERED IN PERSON OR VIA WEBCAST.

Executives Listed on Filing

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

NameTitleHours Per WeekTotal Salary
Peter GrassPRESIDENT45$418,702
Linda AllinSECRETARY/CHIEF FINANCIAL45$210,050
Tracie SchlichDIRECTOR OF MARKETING & ME40$190,147
Mark BuncherDIRECTOR OF ENGINEERING40$189,076
Bob HumerSR. REGIONAL ENGINEER40$179,439
Paul SohiDIRECTOR HS & E40$164,223
Mike AndersonDIRECTOR OF RESEARCH & LAB40$159,828
Cody WordenDIRECTOR1$0
Laddie WeemsDIRECTOR1$0
Vince TallantDIRECTOR1$0
Frank Suits JrDIRECTOR1$0
David StrcicDIRECTOR1$0
Ed StarbuckDIRECTOR1$0
Bob SedonDIRECTOR1$0
Larry SchreinerDIRECTOR1$0
Lee SchlossDIRECTOR1$0
Clint RybakDIRECTOR1$0
Chip RayDIRECTOR1$0
Cameron ProudfootDIRECTOR1$0
Zane NolinDIRECTOR1$0
Michael MuhrDIRECTOR1$0
Austin MillerDIRECTOR1$0
Damon KrehbielDIRECTOR1$0
John JanesDIRECTOR1$0
Seth HankowskiDIRECTOR1$0
Dean FraileyDIRECTOR1$0
Rene DufresneDIRECTOR1$0
Fred DunbarDIRECTOR1$0
Kristina EitingDIRECTOR1$0
David ColemanDIRECTOR1$0
Chris CampbellDIRECTOR1$0
Charles BoanDIRECTOR1$0
Luis BenavidesDIRECTOR1$0
John BarringtonDIRECTOR1$0
Scott HouseVICE PRESIDENT1$0
Ralph ShirtsVICE PRESIDENT1$0
Patrick NationVICE PRESIDENT1$0
Craig FabrizioTREASURER1$0
Bob CheeverVICE CHAIR1$0
Kat CrownoverCHAIR1$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202022609349300707_public.xml