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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Asphalt Institute Inc.

Asphalt Institute Inc.

Fiscal year ending 2016. Filed on September 7, 2017.

2696 Research Park Drive
Lexington, Kentucky 40511

Asphalt Institute Inc. (EIN: 61-1148531) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2016 IRS Form 990 filing, Asphalt Institute Inc., a 501(c)(6) business league, reported compensation for 7 out of 34 total employees. Among the employees shown here, the average compensation is $217,940. The highest compensated employee at Asphalt Institute Inc. is Peter Grass with fiscal year 2016 compensation of $401,303.

Revenue, expenses, and employee compensation

Revenue

$7,643,351

Expenses

$7,458,150

Employee compensation

$4,083,423
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Peter Grass
President
$401,303
$378,422 No related comp$22,881
Linda Allin
Secretary/Chief Financial Officer
$212,821
$195,176 No related comp$17,645
Tracie Schlich
Director Marketing and Memberships
$203,102
$171,898 No related comp$31,204
Bob Humer
SR Regional Engineer
$191,607
$165,894 No related comp$25,713
Mark Buncher
Director Engineering
$189,864
$173,888 No related comp$15,976
Mike Anderson
Director Research and LAB Services
$175,122
$146,182 No related comp$28,940
Robert Horan
SR Regional Engineer
$151,764
$138,902 No related comp$12,862

Benchmark Employee Compensation

Non-Employee Board Members

Aaron Korchinski
Director
Austin Miller
Director
Bob Cheever
Treasurer
Bob Sedon
Vice Chair
Bruce Armstrong
Director
Cameron Proudfoot
Director
Casey Tuttle
Director
Chris Campbell
Director
Chuck Tallant
Director
Clint Rybak
Director
Craig Clark
Director
Damon Krehbiel
Director

Mission Statement

THROUGH EDUCATION, ENGINEERING, TECHNICAL DEVELOPMENT, ENVIRONMENTAL STEWARDSHIP AND MARKETING LEADERSHIP, THE ASPHALT INSTITUTE PROMOTES THE SAFE USE, BENEFITS, AND QUALITY PERFORMANCE OF PETROLEUM ASPHALTS IN A UNIFIED VOICE FOR OUR MEMBERSHIP.

Revisions to this organization profile

September 2, 2025:
2024 Asphalt Institute Inc. 990 filed
August 20, 2024:
2023 Asphalt Institute Inc. 990 filed
August 13, 2023:
2022 Asphalt Institute Inc. 990 filed

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Other organizations also named Asphalt Institute

Asphalt Institute Foundation Inc.
Lexington, Kentucky