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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 2023. Filed on August 20, 2024.

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 2023 IRS Form 990 filing, Asphalt Institute Inc., a 501(c)(6) business league, reported compensation for 7 out of 36 total employees. Among the employees shown here, the average compensation is $259,912. The highest compensated employee at Asphalt Institute Inc. is Peter Grass with fiscal year 2023 compensation of $522,043.

Revenue, expenses, and employee compensation

Revenue

$9,273,389

Expenses

$8,550,075

Employee compensation

$5,144,356
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Peter Grass
President
$522,043
$495,560 No related comp$26,483
Tracie Schlich
Director of Marketing and Membership
$247,846
$209,266 No related comp$38,580
Mark Buncher
Engineering Director
$234,006
$214,334 No related comp$19,672
Paul Sohi
Director HS and E
$223,268
$188,414 No related comp$34,854
Mike Anderson
Director of Research and LAB
$219,977
$184,228 No related comp$35,749
Bob Humer
SR Regional Engineer
$215,262
$190,308 No related comp$24,954
Danielle Steinberg
Controller
$156,984
$143,826 No related comp$13,158

Benchmark Employee Compensation

Non-Employee Board Members

Bob Cheever
Chair
Bob Sedon
Director
Brad Schmitz
Director
Brent Banach
Director
Charles Boan
Director
Chris Campbell
Director
Clint Rybak
Director
Craig Fabrizio
Treasurer
Debbie Novak
Director
Donna Kwapis
Director
Ed Starbuck
Director
Frank Suits Jr
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