2025-11-17T11:49:44-06:00 2024-12-31 410746749 CLIFTONLARSONALLEN LLP 950 NORTH GLEBE ROAD SUITE 1200 ARLINGTON VA 22203 990 2024-01-01 130433430 AMERICAN PETROLEUM INSTITUTE AMER 2026828000 200 MASSACHUSETTS AVE NW 1100 WASHINGTON DC 20001 AMY KRIZ VICE PRESIDENT & CFO 2026828000 2025-11-14 0 0 ROBERT WILLIAMS P01345960 5712279500 2025-11-12 2024 2025-03-06 01:10:19Z MICHAEL J SOMMERS 200 MASSACHUSETTS AVE NW 1100 WASHINGTON DC 20001 268010806 0 X WWW.API.ORG X 1919 DC SEE FORM 990, PART III, LINE 1 FOR COMPLETE MISSION STATEMENT 42 41 372 20000 0 0 0 0 235117523 217973539 1446290 2493564 30991674 31860393 267555487 252327496 229626 305380 0 0 78635308 82080228 0 0 0 179451547 173035461 258316481 255421069 9239006 -3093573 122917046 109879063 133697455 108642792 -10780409 1236271 X THE MISSION OF AMERICAN PETROLEUM INSTITUTE (API) 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. 0 0 ADVOCACY - API SPEAKS FOR THE OIL AND NATURAL GAS INDUSTRY TO THE PUBLIC, CONGRESS, THE EXECUTIVE BRANCH, STATE GOVERNMENTS AND THE MEDIA. API NEGOTIATES WITH REGULATORY AGENCIES, REPRESENTS THE INDUSTRY IN LEGAL PROCEEDINGS, PARTICIPATES IN COALITIONS AND WORKS IN PARTNERSHIP WITH OTHER ASSOCIATIONS TO ACHIEVE OUR MEMBERS' PUBLIC POLICY GOALS. RESEARCH & STATISTICS - API CONDUCTS OR SPONSORS ANALYSIS AND RESEARCH IN SUPPORT OF FREE MARKETS, INFORMS COST-EFFECTIVE REGULATION, AND PROMOTES ECONOMIC GROWTH. WE COLLECT, MAINTAIN AND PUBLISH 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 - SINCE 1924, API HAS LED THE DEVELOPMENT OF MORE THAN 800 PETROLEUM, NATURAL GAS AND PETROCHEMICAL EQUIPMENT AND OPERATING STANDARDS. THESE REFLECT THE INDUSTRY'S COLLECTIVE EXPERTISE AND ACCEPTED GOOD PRACTICES. ADDRESSING EVERYTHING FROM DRILL BITS TO ENVIRONMENTAL PROTECTION, THEY ADVANCE SAFETY, EFFICIENCY AND ENVIRONMENTAL RESPONSIBILITY. API STANDARDS ARE RECOGNIZED WORLDWIDE FOR THEIR TECHNICAL RIGOR AND GLOBAL IMPACT, WITH MANY INCORPORATED INTO FEDERAL AND STATE REGULATIONS. DEVELOPED THROUGH A CONSENSUS-DRIVEN PROCESS ACCREDITED BY THE AMERICAN NATIONAL STANDARDS INSTITUTE (ANSI), THEY ARE THE MOST WIDELY CITED STANDARDS BY THE INTERNATIONAL REGULATORY COMMUNITY. CERTIFICATION - EACH DAY, THE OIL AND NATURAL GAS INDUSTRY DEPENDS ON EQUIPMENT TO PRODUCE, REFINE AND DISTRIBUTE ITS PRODUCTS. THE EQUIPMENT USES ADVANCED TECHNOLOGY, ALLOWING THE INDUSTRY TO OPERATE IN AN ENVIRONMENTALLY SAFE AND EFFICIENT MANNER. API'S STANDARDS SUPPORT THAT EFFORT, PROVIDING TECHNICAL GUIDANCE THAT ALIGNS WITH INDUSTRY GOOD PRACTICES, BUT API'S ROLE EXTENDS BEYOND PUBLISHING TECHNICAL DOCUMENTS. THROUGH ITS CERTIFICATION PROGRAMS, API PROVIDES A STRUCTURED, VERIFIABLE WAY FOR COMPANIES TO DEMONSTRATE CONFORMANCE TO THOSE STANDARDSAND TO BUILD CREDIBILITY IN A HIGH-STAKES, HIGHLY SCRUTINIZED INDUSTRY. EVENTS AND TRAINING - API ORGANIZES SEMINARS, WORKSHOPS, CONFERENCES AND SYMPOSIA ON PUBLIC POLICY ISSUES. THROUGH API-U, WE PROVIDE TRAINING MATERIALS TO HELP PEOPLE IN THE OIL AND NATURAL GAS BUSINESS MEET REGULATORY REQUIREMENTS AND INDUSTRY STANDARDS. SAFETY - THE CENTER FOR OFFSHORE SAFETY IS AN INDUSTRY SPONSORED PROGRAM THAT WAS ESTABLISHED TO PROVIDE TOOLS, PEER LEARNING OPPORTUNITIES, GOOD PRACTICES AND SUPPORT FOR COMPANIES OPERATING ON THE U.S. OUTER CONTINENTAL SHELF. API'S SYSTEM PROGRAMS SAFETY ASSESSMENTS, INCLUDING THE PROCESS SAFETY SITE ASSESSMENT PROGRAM (PSSAP) AND THE PIPELINE SAFETY MANAGEMENT SYSTEM (SMS) ASSESSMENT PROGRAM, PROVIDE FOR INDEPENDENT ASSESSMENT BY CREDIBLE, THIRD-PARTY SAFETY EXPERTS OF A REFINERY'S (PSSAP) OR AN OPERATOR'S (PIPELINE SMS) SAFETY MANAGEMENT SYSTEMS BASED UPON API'S STANDARDS AND RECOMMENDED PRACTICES. 0 0 1 1 0 0 0 0 0 1 0 0 1 1 0 0 1 0 1 1 0 1 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 1 418 0 372 1 0 1 BR CH 0 0 0 0 1 0 X 42 41 0 0 0 0 1 1 0 1 1 0 1 1 0 1 1 1 1 1 1 1 0 CA X AMY KRIZ 2026828000 200 MASSACHUSETTS AVENUE NW 1100 WASHINGTON DC 20001 MICHAEL J SOMMERS PRESIDENT AND CEO 40.00 X X 5131620 0 1021758 JOHN B HESS CHAIRMAN OF THE BOARD 0.50 X X 0 0 0 GRETCHEN H WATKINS BOARD MEMBER & CHAIR FIN CMTE 0.50 X X 0 0 0 ORLANDO ALVAREZ BOARD MEMBER 0.50 X 0 0 0 ALAN S ARMSTRONG BOARD MEMBER 0.50 X 0 0 0 WILLIE CHIANG BOARD MEMBER 0.50 X 0 0 0 JOHN J CHRISTMANN BOARD MEMBER 0.50 X 0 0 0 GREGORY L EBEL BOARD MEMBER 0.50 X 0 0 0 SANDY ESSLEMONT BOARD MEMBER 0.50 X 0 0 0 W RANDALL FOWLER BOARD MEMBER 0.50 X 0 0 0 ANN G FOX BOARD MEMBER 0.50 X 0 0 0 JACK A FUSCO BOARD MEMBER 0.50 X 0 0 0 CHRIS GOLDEN BOARD MEMBER 0.50 X 0 0 0 MIKE J HENNIGAN BOARD MEMBER - LEFT NOV 2024 0.50 X 0 0 0 STEPHEN L HIGHTOWER BOARD MEMBER 0.50 X 0 0 0 VICKI HOLLUB BOARD MEMBER 0.50 X 0 0 0 W HERBERT HUNT BOARD MEMBER - LEFT APR 2024 0.50 X 0 0 0 ROGER HUTSON BOARD MEMBER 0.50 X 0 0 0 ROGER JENKINS BOARD MEMBER 0.50 X 0 0 0 THOMAS E JORDEN BOARD MEMBER 0.50 X 0 0 0 TRACY W KROHN BOARD MEMBER 0.50 X 0 0 0 RYAN M LANCE BOARD MEMBER 0.50 X 0 0 0 MATTHEW LANIGAN BOARD MEMBER - LEFT JAN 2024 0.50 X 0 0 0 RODERICK D LARSON BOARD MEMBER 0.50 X 0 0 0 MARK E LASHIER BOARD MEMBER 0.50 X 0 0 0 OLIVIER LE PEUCH BOARD MEMBER 0.50 X 0 0 0 MELANIE LITTLE BOARD MEMBER 0.50 X 0 0 0 MARYANN MANNEN BOARD MEMBER - START NOV 2024 0.50 X 0 0 0 JEFFREY W MARTIN BOARD MEMBER 0.50 X 0 0 0 BRENDAN MCCRACKEN BOARD MEMBER 0.50 X 0 0 0 JEFF MILLER BOARD MEMBER 0.50 X 0 0 0 RICHARD E MUNCRIEF BOARD MEMBER 0.50 X 0 0 0 JOSEBA MURILLAS BOARD MEMBER - START NOV 2024 0.50 X 0 0 0 PIERCE H NORTON BOARD MEMBER 0.50 X 0 0 0 MEG E O'NEILL BOARD MEMBER 0.50 X 0 0 0 DOUGLAS J PFERDEHIRT BOARD MEMBER 0.50 X 0 0 0 FRANCOIS POIRIER BOARD MEMBER 0.50 X 0 0 0 CHRISTINE RESLER BOARD MEMBER 0.50 X 0 0 0 FERDINANDO RIGARDO BOARD MEMBER - LEFT SEP 2024 0.50 X 0 0 0 JEFFREY RINKER BOARD MEMBER 0.50 X 0 0 0 LORENZO SIMONELLI BOARD MEMBER 0.50 X 0 0 0 TRAVIS D STICE BOARD MEMBER 0.50 X 0 0 0 LEE TILLMAN BOARD MEMBER - LEFT NOV 2024 0.50 X 0 0 0 MICHAEL URE BOARD MEMBER - LEFT OCT 2024 0.50 X 0 0 0 RICHARD VOORBERG BOARD MEMBER 0.50 X 0 0 0 BILL WAY BOARD MEMBER - LEFT SEP 2024 0.50 X 0 0 0 MICHAEL K WIRTH BOARD MEMBER 0.50 X 0 0 0 DARREN W WOODS BOARD MEMBER 0.50 X 0 0 0 KAREN B WRIGHT BOARD MEMBER 0.50 X 0 0 0 SHANNON DIBARI SENIOR VICE PRESIDENT AND COO 40.00 X 838039 0 242133 RYAN P MEYERS SR. VP, GENERAL COUNSEL, CORP SECY 40.00 X 724949 0 102757 AMANDA E EVERSOLE EXECUTIVE VP & CHIEF ADVOCACY OFFR 40.00 X 1431855 0 249106 ANCHAL S LIDDAR SENIOR VP, GLOBAL INDUSTRY SERVICES 40.00 X 767797 0 162011 DUSTIN MEYER SR VP, POLICY, ECONOMICS & REG AFFRS 40.00 X 594679 0 92509 AMY KRIZ VP AND CHIEF FINANCIAL OFFICER 40.00 X 322809 0 29875 MEGAN B BLOOMGREN SR VP COMMUNICATIONS (UNTIL 6/2024) 40.00 X 274615 0 45768 KEVIN SLAGLE SENIOR VP, COMMUNICATIONS 40.00 X 172292 0 13428 ROLF W HANSON VP, STATE GOVERNMENT RELATIONS 40.00 X 651276 0 349697 JOHN P WAGNER VP, DEPUTY GENERAL COUNSEL 40.00 X 735899 0 184446 ROBIN RORICK VP, MIDSTREAM POLICY 40.00 X 441023 0 192190 STEPHEN COMSTOCK VP & SR. COUNSELOR (UNTIL 10/2024) 40.00 X 469816 0 17948 KRISTIN WESTMORELAND VP AND CHIEF OF STAFF 40.00 X 444976 0 37856 13001645 0 2741482 249 0 1 0 MAIN STREET MEDIA GROUP PO BOX 25093 ALEXANDRIA VA 22313 ADVERTISING 23984151 META PLATFORMS INC 1601 WILLOW ROAD MENLO PARK CA 94025 ADVERTISING 3899514 BROADAXIS INC 1400 PRESTON ROAD SUITE 400 PLANO TX 75093 IT CONSULTING 3834186 INTERTEK TECHNICAL SERVICES INC UK 4 CANDYMILL LANE HAMILTON SOUTH LANARKSHIRE UK AUDITING 3086057 BUREAU OF QUALITY SURVEILLANCE INC 25329 BUDDE ROAD SUITE 301 THE WOODLANDS TX 77380 AUDITING 3077559 251 CERTIFICATION PROGRAM 900099 122233181 122233181 MEMBERSHIP DUES 900099 84803134 84803134 MEETING REVENUE 900099 10599024 10599024 SUBSCRIPTIONS 900099 338200 338200 217973539 2876917 2876917 31430639 31430639 15299957 15683095 215 -383138 -215 -383353 -383353 211B REVENUE 900099 323024 323024 LATE FEES 900099 67000 67000 PAYROLL MANAGEMENT REIMBURSEMENTS 900099 39730 39730 429754 252327496 249404178 0 2923318 X 249500 55880 12218000 53149996 5982085 6980367 3749780 11306722 235867 2972922 84433 41248644 43461534 3712154 12768219 888978 6037516 9105819 12738209 3183681 1318711 STUDIES/RESEARCH 11980230 THIRD-PARTY OUTREACH 10263368 INCOME AND EXCISE TAXES 1680358 48096 255421069 30878999 5867246 386342 13216578 15162107 17353455 4468582 3682308 55396520 41769627 13077220 13626893 33680881 33993794 25262915 22138789 122917046 109879063 18568010 19164624 19612287 15928271 95517158 73549897 133697455 108642792 X -10780409 1236271 -10780409 1236271 122917046 109879063 X -3093573 699157 14411096 X 0 1 X 1 0 4505000 0 0 4505000 4505000 1 CONGRESSIONAL LEADERSHIP FUND 1747 PENNSYLVANIA AVE NW 5TH FLO WASHINGTON DC 20006 453578123 2000000 SENATE LEADERSHIP FUND 45 N HILL DRIVE SUITE 100 WARRENTON VA 20186 472994920 2000000 REPUBLICAN GOVERNORS ASSOCIATION 1747 PENNSYLVANIA AVE NW STE 25 WASHINGTON DC 20006 113655877 135000 REPUBLICAN ATTORNEYS GENERAL ASSN 1747 PENNSYLVANIA AVE SUITE 800 WASHINGTON DC 20006 464501717 125000 REPUBLICAN STATE LEADERSHIP CMTE 1201 F STREET NW SUITE 675 WASHINGTON DC 20004 050532524 125000 DEMOCRATIC LEGIS CAMPAIGN CMTE 1225 EYE ST NW SUITE 1250 WASHINGTON DC 20005 521870839 70000 AMERICAN PETROLEUM INSTITUTE POLITICAL ACTION COMMITTEE 200 MASSACHUSETTS AVE NW STE 1100 WASHINGTON DC 20001 262596972 57650 DEMOCRATIC GOVERNORS ASSOCIATION 1401 K ST NW STE 200 WASHINGTON DC 20005 521304889 50000 0 0 1 84803134 16225516 -117944397 -101718881 8480313 -110199194 PART I-A, LINE 1: API CONDUCTS POLITICAL ACTIVITIES THROUGH A SEPARATE SEGREGATED FUND, AMERICAN PETROLEUM INSTITUTE POLITICAL ACTION COMMITTEE. IN 2024, API MADE PAYMENTS TOTALING $4,505,000 TO SECTION 527 POLITICAL ORGANIZATIONS. 11363917 4666979 6696938 1968036 1095912 872124 42064567 36006736 6057831 13626893 RIGHT-OF-USE ASSET 22138789 22138789 POST-RETIREMENT BENEFITS, OTHER THAN PENSION 28456499 LEASE LIABILITY, NET 40099540 ACCRUED PENSION LIABILITY 1210223 SUPPLEMENTAL BENEFIT PLANS 3783635 73549897 253127479 699157 185044 884201 252243278 84433 -215 84218 252327496 241157292 -14179344 -14179344 255336636 84433 84433 255421069 PART XI, LINE 2D - OTHER ADJUSTMENTS: API POLITICAL ACTION COMMITTEE CONSOLIDATED IN AUDITED FINANCIAL STATEMENTS 185,044. PART XI, LINE 4B - OTHER ADJUSTMENTS: LOSS ON FIXED ASSET DISPOSAL -215. PART XII, LINE 2D - OTHER ADJUSTMENTS: OTHER PENSION AND POST-RETIREMENT BENEFIT CHANGES -12,640,088. NET PERIODIC COST (BENEFIT) -1,771,008. API POLITICAL ACTION COMMITTEE CONSOLIDATED IN AUDITED FINANCIAL STATEMENTS 231,537. LOSS ON FIXED ASSET DISPOSAL 215. 1 CENTRAL AMERICA AND THE CARIBBEAN 0 0 PROGRAM SERVICES CERTIFICATION PROGRAMS 58277 RUSSIA AND NEIGHBORING STATES 0 0 PROGRAM SERVICES CERTIFICATION PROGRAMS 229048 SUB-SAHARAN AFRICA 0 0 PROGRAM SERVICES CERTIFICATION PROGRAMS 281863 NORTH AMERICA 0 0 PROGRAM SERVICES CERTIFICATION PROGRAMS 927210 SOUTH AMERICA 1 2 PROGRAM SERVICES CERTIFICATION PROGRAMS 1355340 SOUTH ASIA 0 0 PROGRAM SERVICES CERTIFICATION PROGRAMS 1368178 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 PROGRAM SERVICES CERTIFICATION PROGRAMS 2735122 MIDDLE EAST AND NORTH AFRICA 1 2 PROGRAM SERVICES CERTIFICATION PROGRAMS 2755838 EAST ASIA AND THE PACIFIC 1 3 PROGRAM SERVICES CERTIFICATION PROGRAMS 9526402 2 4 1 3 3 7 9710876 9526402 19237278 INTERNATIONAL OIL SPILL CONFERENCE SCHOLARSHIPS CENTRAL AMERICA AND THE CARIBBEAN 2 4705 AIRFARE AND LODGING FMV INTERNATIONAL OIL SPILL CONFERENCE SCHOLARSHIPS SUB-SAHARAN AFRICA 5 16171 AIRFARE AND LODGING FMV INTERNATIONAL OIL SPILL CONFERENCE SCHOLARSHIPS NORTH AMERICA 2 3422 AIRFARE AND LODGING FMV INTERNATIONAL OIL SPILL CONFERENCE SCHOLARSHIPS SOUTH AMERICA 4 11313 AIRFARE AND LODGING FMV INTERNATIONAL OIL SPILL CONFERENCE SCHOLARSHIPS SOUTH ASIA 3 10153 AIRFARE AND LODGING FMV INTERNATIONAL OIL SPILL CONFERENCE SCHOLARSHIPS EUROPE (INCLUDING ICELAND & GREENLAND) 2 5529 AIRFARE AND LODGING FMV INTERNATIONAL OIL SPILL CONFERENCE SCHOLARSHIPS EAST ASIA AND THE PACIFIC 2 4587 AIRFARE AND LODGING FMV 0 0 0 0 0 1 PART I, LINE 2: ALL GRANTS ARE ASSIGNED AN API STAFF MEMBER AS THE CONTRACT OFFICER. THE CONTRACT OFFICER'S RESPONSIBILITIES INCLUDE MONITORING THE ACTIVITIES OF GRANTEES, AS WELL AS THE RECEIPT AND REVIEW OF PERIODIC PROGRESS REPORTS. 1 AMERICAN ENTERPRISE INSTITUTE 1150 SEVENTEETH STREET NW WASHINGTON DC 20036 530218495 501(C)(3) 120000 0 GENERAL SUPPORT CONGRESSIONAL SPORTSMEN'S FOUNDATION 110 NORTH CAROLINA AVE SE WASHINGTON DC 20003 521686163 501(C)(3) 25000 0 GENERAL SUPPORT FORD'S THEATRE 514 TENTH ST NW WASHINGTON DC 20004 526073157 501(C)(3) 12500 0 GENERAL SUPPORT THE NATIONAL SOCIETY OF BLACK ENGINERS 205 DAINGERFIELD ROAD ALEXANDRIA VA 22314 351410757 501(C)(3) 15000 0 GENERAL SUPPORT THE THIRD WAY FOUNDATION 1156 15TH STREET NW SUITE 400 WASHINGTON DC 20005 521629221 501(C)(3) 50000 0 GENERAL SUPPORT WASHINGTON SCHOOL FOR GIRLS 1901 MISSISSIPPI AVENUE NW WASHINGTON DC 20020 522031849 501(C)(3) 15000 0 GENERAL SUPPORT WESTERN CAUCUS FOUNDATION 400 N CAPITOL STREET NW 382-B WASHINGTON DC 20001 463948410 501(C)(3) 12000 0 GENERAL SUPPORT 7 0 PART I, LINE 2: IN ORDER TO ENSURE ALL GRANT FUNDS ARE USED FOR THEIR INTENDED PURPOSE, ALL GRANTS ARE ASSIGNED AN API STAFF MEMBER AS THE CONTRACT OFFICER. THE CONTRACT OFFICER'S RESPONSIBILITIES INCLUDE MONITORING THE ACTIVITIES OF GRANTEES, AS WELL AS THE RECEIPT AND REVIEW OF PERIODIC PROGRESS REPORTS. DURING 2024, API PROVIDED SCHOLARSHIPS IN THE FORM OF AIRFARE AND LODGING TO CERTAIN FOREIGN INDIVIDUALS ATTENDING THE INTERNATIONAL OIL SPILL CONFERENCE. THESE SCHOLARSHIPS ARE REPORTED ON SCHEDULE F, PARTS I AND III. X X X X X 1 1 X X X X 0 1 0 MICHAEL J SOMMERS PRESIDENT AND CEO 2945350 0 1911000 0 275270 0 985166 0 36592 0 6153378 0 0 0 AMANDA E EVERSOLE EXECUTIVE VP & CHIEF ADVOCACY OFFR 984457 0 385000 0 62398 0 208690 0 40416 0 1680961 0 0 0 SHANNON DIBARI SENIOR VICE PRESIDENT AND COO 546942 0 205000 0 86097 0 240357 0 1776 0 1080172 0 0 0 ROLF W HANSON VP, STATE GOVERNMENT RELATIONS 450420 0 190000 0 10856 0 313093 0 36604 0 1000973 0 0 0 ANCHAL S LIDDAR SENIOR VP, GLOBAL INDUSTRY SERVICES 531313 0 215000 0 21484 0 125407 0 36604 0 929808 0 0 0 JOHN P WAGNER VP, DEPUTY GENERAL COUNSEL 423120 0 70000 0 242779 0 147950 0 36496 0 920345 0 0 0 RYAN P MEYERS SR. VP, GENERAL COUNSEL, CORP SECY 549954 0 155000 0 19995 0 100933 0 1824 0 827706 0 0 0 DUSTIN MEYER SR VP, POLICY, ECONOMICS & REG AFFRS 469623 0 110000 0 15056 0 78269 0 14240 0 687188 0 0 0 ROBIN RORICK VP, MIDSTREAM POLICY 385220 0 49500 0 6303 0 155766 0 36424 0 633213 0 0 0 STEPHEN COMSTOCK VP & SR. COUNSELOR (UNTIL 10/2024) 300647 0 0 0 169169 0 16500 0 1448 0 487764 0 130584 0 KRISTIN WESTMORELAND VP AND CHIEF OF STAFF 373410 0 67000 0 4566 0 35012 0 2844 0 482832 0 0 0 AMY KRIZ VP AND CHIEF FINANCIAL OFFICER 282942 0 35700 0 4167 0 28500 0 1375 0 352684 0 0 0 MEGAN B BLOOMGREN SR VP COMMUNICATIONS (UNTIL 6/2024) 239602 0 0 0 35013 0 28266 0 17502 0 320383 0 0 0 KEVIN SLAGLE SENIOR VP, COMMUNICATIONS 121345 0 50000 0 947 0 6224 0 7204 0 185720 0 0 0 PART I, LINE 1A FIRST-CLASS OR CHARTER TRAVEL - FIRST OR BUSINESS CLASS AIR TRAVEL MUST BE APPROVED IN ADVANCE BY AN EXECUTIVE STAFF MEMBER, AND THE EMPLOYEE MUST PROVIDE THE JUSTIFICATION ON THE EXPENSE REPORT. NO FLIGHTS WERE CHARTERED DURING 2024. TRAVEL FOR COMPANIONS - INSTANCES IN WHICH A SPOUSE ACCOMPANIES AN EMPLOYEE TRAVELING ON BUSINESS AT API EXPENSE ARE LIMITED AND APPROVED IN ADVANCE. IN SUCH AUTHORIZED CASES, UNLESS THE STRICT LEGAL DEFINITION OF BUSINESS PURPOSE IS MET, THE REIMBURSEMENT IS TREATED AS TAXABLE INCOME TO THE EMPLOYEE. TAX INDEMNIFICATION AND GROSS UP PAYMENTS - FOR EMPLOYEES WHO QUALIFY TO PARTICIPATE IN THE NONQUALIFIED RETIREMENT INCOME PLAN, API PAYS TAXES DUE ON THE ACCRUED BENEFITS AS THEY ARE AWARDED TO THE PARTICIPANTS. THESE TAX PAYMENTS ARE TREATED AS AN ADVANCE AND NETTED FROM THE ACCRUED BENEFITS TO THE PARTICIPANTS UPON DISTRIBUTION. HEALTH OR SOCIAL CLUB DUES OR INITIATION FEES - REIMBURSEMENT OF CLUB DUES TO AN EMPLOYEE IN ANY CLUB ORGANIZED FOR PLEASURE, RECREATION, OR OTHER SOCIAL PURPOSE (I.E. COUNTRY CLUBS, LUNCHEON CLUBS, AND AIRLINE AND HOTEL CLUBS) IS LIMITED AND REQUIRES EXECUTIVE STAFF APPROVAL. EMPLOYEES WHO HAVE BEEN REIMBURSED FOR CLUB DUES MUST ANNUALLY ACCOUNT FOR THEIR BUSINESS USE, AND NON-BUSINESS USE IS TREATED AS TAXABLE INCOME TO THE EMPLOYEE. PERSONAL SERVICES - API PROVIDES A PERSONAL DRIVER TO THE PRESIDENT & CEO PRIMARILY FOR BUSINESS PURPOSES. ANY PERSONAL USAGE IS TREATED AS TAXABLE INCOME TO THE PRESIDENT & CEO. PART I, LINE 4B IN 2024, THE FOLLOWING PARTICIPANTS IN THE AMERICAN PETROLEUM INSTITUTE 457(F) SUPPLEMENTAL BENEFIT PLANS RECEIVED VESTED CONTRIBUTIONS THAT WERE INCLUDED IN THE PARTICIPANT'S 2024 W-2, AS WELL AS NON-VESTED CONTRIBUTIONS. THE TOTAL VESTED AND NON-VESTED CONTRIBUTIONS IN 2024 WERE AS FOLLOWS: MICHAEL J. SOMMERS $1,196,183 RYAN P. MEYERS $88,333 SHANNON DIBARI $256,591 AMANDA E. EVERSOLE $224,971 ANCHAL S. LIDDAR $112,766 DUSTIN MEYER $58,719 JOHN P. WAGNER $232,810 ROLF W. HANSON $44,374 ROBIN RORICK $25,483 KRISTIN WESTMORELAND $2,700 THE FOLLOWING PARTICIPANT IN THE AMERICAN PETROLEUM INSTITUTE 457(F) SUPPLEMENTAL BENEFIT PLANS RECEIVED A DISTRIBUTION IN 2024 AS FOLLOWS, THIS DISTRIBUTION WAS INCLUDED IN THE PARTICIPANT'S 2024 W-2: STEPHEN COMSTOCK $139,393 FORM 990, PART VI, SECTION A, LINE 1A THERE SHALL BE AN EXECUTIVE COMMITTEE COMPOSED OF UP TO FIFTEEN (15) BUT NO LESS THAN TWELVE (12) MEMBERS OF THE BOARD, INCLUDING THE API CHAIRMAN OF THE BOARD AND THE CHAIR OF THE FINANCE COMMITTEE, WHO SHALL BE ELECTED ANNUALLY. THE PRESIDENT SERVES AS AN EX OFFICIO VOTING MEMBER. THE CHAIRMAN OF THE BOARD SHALL SERVE AS THE CHAIRMAN OF THE EXECUTIVE COMMITTEE. ANY VACANCY SHALL BE FILLED BY THE EXECUTIVE COMMITTEE UNTIL THE NEXT MEETING OF THE BOARD. REPRESENTATIVES OF THE TOP SIX (6) DUES PAYERS SHALL ALWAYS BE MEMBERS OF THE EXECUTIVE COMMITTEE, WITH THE REMAINING SEVEN (7) MEMBERS CHOSEN FROM THE REMAINING DUES PAYERS. ONE (1) MEMBER OF THE EXECUTIVE COMMITTEE SHALL REPRESENT THE API GENERAL MEMBERSHIP COMMITTEE. UNLESS RENOMINATED BY THE BOARD OF DIRECTORS TO REMAIN ON THE EXECUTIVE COMMITTEE, THE SEVEN (7) AT-LARGE MEMBERS AND THE GENERAL MEMBERSHIP COMMITTEE MEMBER MAY BE LIMITED TO TWO (2) CONSECUTIVE TERMS OF ONE (1) YEAR EACH. THE EXECUTIVE COMMITTEE HAS THE AUTHORITY TO EXERCISE ALL THE POWERS OF THE BOARD OF DIRECTORS IN THE ABSENCE OF ACTION BY THE BOARD, EXCEPT TO AMEND THE BYLAWS OR AS OTHERWISE LIMITED BY LAW. ITS RESPONSIBILITIES INCLUDE LONG-RANGE PLANNING, STRATEGIC ISSUES, PROGRAM AND BUDGET DEVELOPMENT, OVERSIGHT AND ADMINISTRATION. FORM 990, PART VI, SECTION A, LINE 6 API IS A TRADE ASSOCIATION WITH MEMBERSHIP DRAWN FROM THE OIL AND NATURAL GAS INDUSTRY. MEMBERSHIP IS AT A COMPANY (PARTNERSHIP, COMPANY, OR CORPORATION) LEVEL. FORM 990, PART VI, SECTION A, LINE 7A THE BOARD MEMBERS ARE ELECTED BY THE BOARD OF DIRECTORS AT THE ANNUAL MEETING, FROM WITHIN THE MEMBERSHIP. FORM 990, PART VI, SECTION B, LINE 11B API'S FORM 990 WAS PREPARED BY API'S EXTERNAL ACCOUNTING FIRM WITH INFORMATION PROVIDED BY API STAFF. PRIOR TO FILING, THE FORM 990 WAS INCLUDED WITH THE MATERIALS FOR THE FINANCE COMMITTEE'S MEETING IN SEPTEMBER 2025 AND REVIEWED DURING THE MEETING. A COPY OF THE FORM 990 WAS PROVIDED TO THE EXECUTIVE COMMITTEE PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C API'S STANDARDS OF CONDUCT GUIDELINES REQUIRE, AMONG OTHER THINGS, EMPLOYEES TO AVOID ANY ACT THAT WOULD RESULT IN A CONFLICT (OR POTENTIAL FOR CONFLICT). ON AN ANNUAL BASIS, ALL EMPLOYEES ARE ASKED TO CONFIRM THEIR COMPLIANCE WITH THE STANDARDS OF CONDUCT GUIDELINES. ANY EMPLOYEE WHO IS AWARE OF A VIOLATION OF THIS POLICY MUST TAKE APPROPRIATE ACTION SO THAT THE VIOLATION IS PROMPTLY ADDRESSED. THIS MAY INCLUDE REPORTING A VIOLATION TO AN EXECUTIVE STAFF MEMBER, HUMAN RESOURCES, OR TO AN EXTERNALLY-OPERATED ETHICS HOTLINE. ALL REPORTS ARE ASSIGNED TO AN APPROPRIATE EXECUTIVE STAFF MEMBER, THE OFFICE OF THE GENERAL COUNSEL AND HUMAN RESOURCES (IF APPLICABLE), FOR INVESTIGATION AND RESOLUTION. API LEADERSHIP PROVIDES INCIDENT REPORTS TO THE FINANCE COMMITTEE AS APPROPRIATE. THE BOARD OF DIRECTORS ADOPTED A CONFLICT OF INTEREST POLICY IN 2008 THAT REQUIRES FULL DISCLOSURE OF ALL ACTUAL AND POTENTIAL CONFLICTS. THE DISINTERESTED MEMBERS OF THE API EXECUTIVE COMMITTEE SHALL DECIDE WHETHER A CONFLICT EXISTS AND WHAT SUBSEQUENT ACTION IS APPROPRIATE (IF ANY). A COPY OF THE POLICY IS PROVIDED ANNUALLY TO ALL BOARD MEMBERS WHO ARE REQUESTED TO COMPLETE AND SIGN AN ACKNOWLEDGEMENT AND DISCLOSURE FORM. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION FOR API'S PRESIDENT & CEO AND KEY EMPLOYEES IS REVIEWED AND APPROVED BY THE EXECUTIVE COMMITTEE, BASED ON PERFORMANCE REVIEWS, ANNUAL DATA OF INDUSTRY COMPARABLES PREPARED BY INDEPENDENT CONSULTANTS, AND OTHER RELEVANT INFORMATION. THE PRESIDENT & CEO'S COMPENSATION IS BASED ON A WRITTEN CONTRACT APPROVED BY THE EXECUTIVE COMMITTEE. A REVIEW WAS LAST CONDUCTED IN 2024 FOR THE PRESIDENT & CEO AND KEY EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE NOT MADE AVAILABLE FOR PUBLIC INSPECTION. FORM 990, PART IX, LINE 11G EMPLOYMENT AGENCY FEES 1,110,024. OTHER CONSULTING FEES 8,012,535. ADVOCACY CONSULTANT FEES 8,830,809. GIS AUDITOR SERVICES 23,295,276. FORM 990, PART XI, LINE 9: OTHER PENSION AND POST-RETIREMENT BENEFIT CHANGES 12,640,088. NET PERIODIC BENEFIT (COST) 1,771,008. AMERICAN PETROLEUM INSTITUTE HOLDING LLC 200 MASSACHUSETTS AVE NW STE 1100 WASHINGTON DC 20001 130433430 HOLDS A MINORITY INTEREST IN API-BRASIL CONSULTORIA LDTA. DE 0 0 AMERICAN PETROLEUM INSTITUTE API-BRASIL CONSULTORIA LTDA STREET LAURO MULLER 116 - 32 AND 3 RIO DE JANEIRO BR 22290-160 981154471 BUSINESS DEVELOPMENT BR 0 200615 AMERICAN PETROLEUM INSTITUTE AMERICAN PETROLEUM INSTITUTE POLITICAL ACTION COMMITTEE 200 MASSACHUSETTS AVE STE 1100 WASHINGTON DC 20001 272596972 POLITICAL ACTION COMMITTEE/SEPARATE SEGREGATED FUND DC 527 AMERICAN PETROLEUM INSTITUTE 1 0 0 0 0 0 0 0 0 0 0 0 1 0 1 1 0 0 1 0 AMERICAN PETROLEUM INSTITUTE POLITICAL ACTION COMMITTEE N 72100 FAIR MARKET VALUE AMERICAN PETROLEUM INSTITUTE POLITICAL ACTION COMMITTEE O 212395 FAIR MARKET VALUE AMERICAN PETROLEUM INSTITUTE POLITICAL ACTION COMMITTEE R 57650 CASH