Cause IQ organization profile

American Petroleum Institute (API)

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

API is a trade / professional association based in Washington, DC that was founded in 1919. As of 2019 they had $234 million in revenue and $142 million in assets.

The American Petroleum Institute (API) is the only national trade association that represents all aspects of America's oil and natural gas industry.

EIN:
13-0433430
City:
State:
Metro:
Website:
Phone:
(202) 682-8000
Twitter:
Founded:
1919
Type:
501(c)(6)
NTEE:
Revenue:
$234,349,360
Assets:
$142,482,288
Employees:
350
Fiscal year end:
December
Revenue trends:
Asset trends:

Program areas at API

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.

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.

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.

Form 990s for API

Fiscal year endingDate received by IRSFormPDF link
2018-12Jan 17, 2020990OView PDF
2017-12Mar 15, 2019990View PDF
2016-12Jan 18, 2018990View PDF
2015-12Apr 7, 2017990OView PDF
2014-12Jan 19, 2016990OView PDF
...and five more Form 990 PDFs

Financials for API

Field2018
Total grants, contributions, etc.$401,267
Program services$211,486,068
Investment income and dividends$811,096
Tax-exempt bond proceeds$0
Royalty revenue$23,233,346
Net rental income$0
Net gain from sale of non-inventory assets$-1,673,131
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$90,714
Total revenues$234,349,360

Vendors for API

VendorServicesAmount paidDate
Tate and TryonTax accounting; Audit accounting; Accounting (including auditing), Consulting (general); Accounting (including auditing)$9,4202020-01-17
███ ████████Advocacy$77,3522020-01-17
█████ █████████████ ███Auditing$42,9842020-01-17
████Advertising$318,9882020-01-17
█████████ ███ ██ ███Advocacy$3,4082020-01-17
█████ ██████████ ██ ██████████Insurance2019-12-31
█████Insurance2019-12-31
████ ████ █████████Insurance2019-12-31
...and 23 more vendors

Personnel at API

NameTitleCompensationMost recent data
Paul G. AfonsoPresident and Chief Executive Officer-Aug. 16, 2020
Amanda EversoleExecutive Vice President and Chief Operating Officer$293,153Aug. 16, 2020
████ █ █████████Vice President and Chief Financial Officer$123,933Dec. 31, 2018
█████ █████████Senior Vice President Communications Twitter$512,401Aug. 16, 2020
████ ███████Senior Vice President Government Relations-Aug. 16, 2020
█████ ███████████Senior Vice President Policy, Economics and Regulatory Affairs$576,368Aug. 16, 2020
█████ ████████Senior Vice President Global Industry Services Gis$311,450Aug. 16, 2020
████ █ ██████Vice President$472,242Dec. 31, 2018
████ █ ████Former Acting Vice President$418,028Dec. 31, 2018
████ █ ████████Vice President$506,794Dec. 31, 2018
...and 13 more key personnel

Peer trade / professional associations and chambers of commerce

 NameTypeRevenueLocation
1Mortgage Bankers Association (MBA)501(c)(6)$65 millionWashington, DC
2Pharmaceutical Research and Manufacturers of America (PhRMA)501(c)(6)$459 millionWashington, DC
3National Restaurant Association (NRA)501(c)(6)$289 millionWashington, DC
4CTIA-The Wireless Association501(c)(6)$74 millionWashington, DC
5Investment Company Institute (ICI)501(c)(6)$74 millionWashington, DC
6United States Chamber of Commerce (USCC)501(c)(6)$167 millionWashington, DC
7American Bankers Association (ABA)501(c)(6)$121 millionWashington, DC
8National Association of Home Builders (NAHB)501(c)(6)$74 millionWashington, DC
9Ncta - The Internet and Television Association (NCTA)501(c)(6)$65 millionWashington, DC
10American Gas Association (AGA)501(c)(6)$61 millionWashington, DC
11America's Health Insurance Plans (AHIP)501(c)(6)$61 millionWashington, DC
12American Chemistry Council (ACC)501(c)(6)$127 millionWashington, DC
13Biotechnology Innovation Organization (BIO)501(c)(6)$87 millionWashington, DC
14Motion Picture Association of America (MPAA)501(c)(6)$76 millionSherman Oaks, CA
15Freedom Partners501(c)(6)$127 millionArlington, VA
16National Marine Manufacturers Association (NMMA)501(c)(6)$62 millionChicago, IL
17Packaging Machinery Manufacturers Institute (PMMI)501(c)(6)$78 millionReston, VA
18The Computing Technology Industry Association501(c)(6)$68 millionDowners Grove, IL
19Ces (CEA)501(c)(6)$126 millionArlington, VA
20National Automobile Dealers Association501(c)(6)$98 millionTysons, VA
21National Cattlemen's Beef Association501(c)(6)$62 millionCentennial, CO
22International Council of Shopping Centers (ICSC)501(c)(6)$81 millionNew York, NY
23Securities Industry and Financial Markets Association (SIFMA)501(c)(6)$60 millionNew York, NY
24The American Institute of Architects (AIA)501(c)(6)$78 millionWashington, DC
25American College of Obstetricians and Gynecologists (ACOG)501(c)(6)$64 millionWashington, DC