American Fuel & Petrochemical Manufacturers
Legal name: American Fuel and Petrochemical Manufacturers
Nonprofit profile at a glance
- EIN
- 530115970
- IRS 990 coverage
- 2010–2024
- Official website data refreshed
- Aug 2026
- Forms available
- Form 990 2024
- Location
- Washington, DC, USA
- Phone
- 2024570480
- Rating confidence
- Limited
Reported finances
- Revenue
- $51,664,143
- Expenses
- $69,665,134
- Assets
- $57,058,180
- Liabilities
- $18,105,107
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
80 people listed
Executive titles in this filing
- CHET THOMPSON (PRESIDENT & CEO)
Highest reported compensation
- CHET THOMPSON (PRESIDENT & CEO): $4,222,291 total reported compensation
- JAIME ZARRABY (SVP/COMMUNICATIONS): $655,699 total reported compensation
- GEOFF MOODY (SVP/GOVERNMENT RELATIONS & POLICY): $586,588 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
AFPM is the leading trade association representing the makers of the fuels that keep us moving, the petrochemicals that are the essential building blocks for modern life and the midstream companies that get our feedstocks and products where they need to go.
What it reported doing in 2024
Advocacy - afpm's goal is to advance a policy agenda that allows our industries to grow and manufacture products that improve lives in a way that protects the safety of our workers, our communities and the environment. We strive to inform, educate and advocate to lawmakers, regulatory agencies, the media, and general public on a variety of issues that impact the refining, petrochemical, and midstream industries.
Operating model
- Revenue model
- Earned-program. 96% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 80
- Accountability: 95
- Sustainability: 17
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 90.9%; rating input score 91; 6th percentile among comparable filings
- Pay-setting controls: 4 of 6 controls in place; rating input score 67
- Compensation committee: Missing
- Independent consultant: Pass
- Other Form 990s reviewed: Missing
- Written employment contract: Pass
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: 91.7%; rating input score 92; 24th percentile among comparable filings
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 77th percentile among comparable filings
- Governance controls: 8 of 9 controls in place; rating input score 89
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -34.8%; rating input score 2; 2nd percentile among comparable filings
- Total-asset coverage ratio: 0.82; rating input score 32; 32nd percentile among comparable filings
- Liabilities to assets ratio: 0.32; rating input score 54; 54th percentile among comparable filings
- Officer compensation ratio: 12.2%; rating input score 2; 2nd percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 8.1% per year; rating input score 100; 67th percentile among comparable filings
- Asset growth: 10.8% per year; rating input score 100; 74th percentile among comparable filings
Details
- What they do: 6 programs and campaigns described on the official site · 1 operating location identified
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: 60 of 60 board members independent · 8 of 9 filing controls reported
- Programs: 4 filed program accomplishments
- Leadership: top reported pay $4.2M · 80 people listed · 4 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $32.3M reported
- Consistency: 13 of 14 current checks pass · 1 finding to review
- Schedules: 5 filed schedules · includes grants and executive pay
- Filing history: 12 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 43 filed money-flow records
- Related organizations: 16 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Sustainability: Operating margin scored 2/100.
- Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
- Moderate — Sustainability: Total-asset coverage ratio scored 32/100.
- Review — Accountability: Governance controls: Form 990 shared with the board not reported.
- High — Sustainability: Officer compensation ratio scored 2/100.
- Review — Sustainability: Liabilities to assets ratio scored 54/100.