Cause IQ organization profile

American Bureau of Shipping (ABS)

Program areas | Form 990s | Financials | Vendors | Personnel | Peers

ABS is a business or industry association based in Spring, TX that was founded in 1862. As of 2019 they had $460 million in revenue and $1.6 billion in assets.

ABS's mission is to promote the security of life, property and the marine environment through the development and verification of standards for the design, construction and operational maintenance of marine-related facilities.

Fiscal year end:
Revenue trends:
Asset trends:

Program areas at ABS

As a classification society founded in 1862, the core commitment of ABS has been setting safety standards for the marine and offshore industries. This is achieved through the establishment and application of technical standards, known as Rules, for the design, construction, and operational maintenance of ships and marine related facilities. Classification is the process that certifies adherence to these Rules, comprising technical design review, construction monitoring, and ongoing survey of ships and marine related facilities over their operating life and the maintenance of the ABS Record. These activities are conducted through a network of offices in over 60 countries.

Form 990s for ABS

Fiscal year endingDate received by IRSFormPDF link
2018-12Feb 11, 2020990View PDF
2017-12Feb 21, 2019990View PDF
2016-12Jan 18, 2018990View PDF
2015-12Mar 28, 2017990OView PDF
2014-12Feb 10, 2016990OView PDF
...and five more Form 990 PDFs

Financials for ABS

Total grants, contributions, etc.$0
Program services$417,905,327
Investment income and dividends$27,441,589
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$14,154
Net gain from sale of non-inventory assets$13,684,014
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$1,126,388
Total revenues$460,171,472

Vendors for ABS

VendorServicesAmount paidDate
Kimbrell and AssociatesTax accounting2020-02-11
█████ ███ █████ ██ ███Accounting Services$1,597,6892018-12-01
████████ ███ ███Tax Services; Consulting Services$2,400,5182018-12-01
████ ███████ ███Staffing Services$864,7022018-12-01
████ ████ ████████ ███ ███████ ████Staffing Services$795,7342018-12-01
████████████ ████ █████████ ███████Insurance; Custodial (other than securities), Investment management; Contract Administrator$29,9792017-12-31
██████ ███████ ████Insurance2017-12-31
...and 20 more vendors

Personnel at ABS

NameTitleCompensationMost recent data
Christopher J. WiernickiChairman, President and Chief Executive Officer$2.1 millionSept. 6, 2019
Tony NassifExecutive Vice President and Chief Operating Officer$905,701Sept. 6, 2019
████ ██████Executive Vice President and Chief Financial Officer-Sept. 6, 2019
██████ ███████Chief Digital Officer$446,894Sept. 6, 2019
█████ ███████Senior Vice President and Chief Information Officer Cio$429,586Sept. 6, 2019
█████ █████Vice President and Chief Engineer$424,222Sept. 6, 2019
█████ ████Senior Vice President of Marketing and Communications$414,139Sept. 6, 2019
███████ ████Senior Vice President, Engineering and Technology-Sept. 6, 2019
████ █████Senior Vice President of Human Resources and Administration$457,874Sept. 6, 2019
███ ██████Senior Vice President, Government-Sept. 6, 2019
...and 16 more key personnel

Peer business and industry associations

1National Futures Association (NFA)501(c)(6)$115 millionChicago, IL
2Groupe Speciale Mobile Association (GSMA)501(c)(6)$124 millionUnited Kingdom,
3World Economic Forum501(c)(6)$318 millionSwitzerland,
4United States PHARMACOPEIAL Convention (USP)501(c)(3)$332 millionRockville, MD
5New York Independent System Operator / Cheryl Hussey (NYISO)501(c)(3)$182 millionRensselaer, NY
6Electric Reliability Council of Texas (ERCOT)501(c)(4)$244 millionAustin, TX
7American Heart Association (AHA)501(c)(3)$746 millionDallas, TX
8American Dental Association (ADA)501(c)(6)$133 millionChicago, IL
9College of American Pathologists (CAP)501(c)(6)$224 millionNorthfield, IL
10American Bar Association (ABA)501(c)(6)$149 millionChicago, IL
11American Bankers Association (ABA)501(c)(6)$135 millionWashington, DC
12National Rural Electric Cooperative Association (NRECA)501(c)(6)$194 millionArlington, VA
13Massachusetts Medical Society501(c)(6)$145 millionWaltham, MA
14Society for Human Resource Management (SHRM)501(c)(6)$145 millionAlexandria, VA
15Southwest Power Pool (SPP)501(c)(6)$200 millionLittle Rock, AR
16American Medical Association501(c)(6)$332 millionChicago, IL
17American Hospital Association501(c)(6)$142 millionChicago, IL
18American Chemistry Council (ACC)501(c)(6)$127 millionWashington, DC
19National Hockey League501(c)(6)$124 millionNew York, NY
20United States Chamber of Commerce (USCC)501(c)(6)$167 millionWashington, DC
21American Petroleum Institute (API)501(c)(6)$234 millionWashington, DC
22Ces (CEA)501(c)(6)$126 millionArlington, VA
23Financial Industry Regulatory Authority (FINRA)501(c)(6)$1.2 billionWashington, DC
24National Restaurant Association (NRA)501(c)(6)$289 millionWashington, DC
25Carleton University501(c)(3)$531 millionCanada,