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.Together with classification services, the company provides statutory audit services on behalf of certain regulators and flag state registries in over 100 countries.
Who funds American Bureau of Shipping (ABS)
Grants from foundations and other nonprofits
Personnel at ABS
| Name | Title | Compensation | Date of data |
|---|
| Christopher J Wiernicki | Chairman , Chief Executive Officer , President / Chairman , Chief Executive Officer , P / Chairman , President and Chief Executive Officer / President , Chief Executive Officer | $2,965,585 | 2022-12-31 |
| John P McDonald | Executive Vice President and Chief Operating Officer / Senior Vice President , Global Business Development and Global Marine / Vice President , Division - Europe | $712,609 | 2022-12-31 |
| Laura C Fulton | Senior Vice President and Chief Financial Officer | $806,688 | 2023-11-14 |
| Jessica Mahaffey | Vice President and Chief Marketing Officer | $325,611 | 2022-12-31 |
| Maria F O'Neill | Senior Vice President and Chief Information Officer Chief Information Officer / Senior Vice President and Chief Information Officer / Vice President - Chief Informa | $1,587,557 | 2022-12-31 |
| ...and 34 more key personnel |
Financials for ABS
| Revenues | FYE 12/2022 | FYE 12/2021 | % Change |
|---|
| Total grants, contributions, etc. | $0 | $0 | - |
| Program services | $428,260,487 | $388,796,286 | 10.2% |
| Investment income and dividends | $38,204,853 | $32,274,717 | 18.4% |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $0 | $0 | - |
| Net rental income | $0 | $0 | - |
| Net gain from sale of non-inventory assets | $20,463,545 | $33,750,617 | -39.4% |
| Net income from fundraising events | $0 | $0 | - |
| Net income from gaming activities | $0 | $0 | - |
| Net income from sales of inventory | $0 | $0 | - |
| Miscellaneous revenues | $854,442 | $364,749 | 134.3% |
| Total revenues | $487,783,327 | $455,186,369 | 7.2% |
Organizations like ABS
| Organization | Type | Location | Revenue |
|---|
| CSA Group | 501(c)(6) | Canada, | $180,418,638 |
| United States Chamber of Commerce (USCC) | 501(c)(6) | Washington, DC | $209,504,516 |
| American Petroleum Institute (API) | 501(c)(6) | Washington, DC | $239,392,392 |
| Financial Industry Regulatory Authority (FINRA) | 501(c)(6) | Rockville, MD | $1,730,554,890 |
| CompTIA | 501(c)(6) | Downers Grove, IL | $144,834,551 |
| American Hospital Association | 501(c)(6) | Chicago, IL | $138,801,841 |
| American Chemistry Council (ACC) | 501(c)(6) | Washington, DC | $149,402,320 |
| National Futures Association (NFA) | 501(c)(6) | Chicago, IL | $139,826,383 |
| National Hockey League | 501(c)(6) | New York, NY | $124,386,483 |
| Young Presidents' Organization (YPO) | 501(c)(6) | Irving, TX | $135,453,445 |
Data update history
January 24, 2024
Updated personnel
Identified 9 new personnel
January 17, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 3, 2024
Used new vendors
Identified 4 new vendors, including , , , and
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Trade associationsBusiness and community development organizationsHeadquarter / parent organizations
Issues
Business and industry
Characteristics
Operates internationallyNational levelProvides scholarships
General information
- Address
- 1701 City Plaza Dr
- Spring, TX 77389
- Metro area
- Houston-The Woodlands-Sugar Land, TX
- County
- Harris County, TX
- Website URL
- ww2.eagle.org/en.htmlÂ
- Phone
- (281) 877-5800
- Facebook page
- ABSeagleÂ
IRS details
- EIN
- 13-4921556
- Fiscal year end
- December
- Taxreturn type
- Form 990
- Year formed
- 1862
- Eligible to receive tax-deductible contributions (Pub 78)
- No
Categorization
- NTEE code, primary
- S40: Business and Industry
- NAICS code, primary
- 813910: Trade Associations
- Parent/child status
- Independent
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