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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 Association of American Railroads

Association of American Railroads

Fiscal year ending 2024. Filed on November 11, 2025.

425 3rd Street SW 1000
Washington, District of Columbia 20024

Association of American Railroads (EIN: 53-6000125) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Association of American Railroads, a 501(c)(6) business league, reported compensation for 11 out of 81 total employees. Among the employees shown here, the average compensation is $762,837. The highest compensated employee at Association of American Railroads is Ian N Jefferies with fiscal year 2024 compensation of $2,776,996.

Revenue, expenses, and employee compensation

Revenue

$70,167,327

Expenses

$68,311,159

Employee compensation

$21,259,068
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Ian N Jefferies
President and Chief Executive Officer
$2,776,996
$2,688,223 No related comp$88,773
Kathryn D Kirmayer
Svp-Law and General Counsel
$822,708
$760,778 No related comp$61,930
Adrian Arnakis
Senior Vice President, Government Affairs
$736,552
$675,478 No related comp$61,074
Paul R Hedrick
Svp-Fin, Admin and CFO
$683,758
$610,786 No related comp$72,972
Michael J Rush
Svp-Safety and Operations
$641,348
$603,536 No related comp$37,812
Kristin A Smith
Senior Vice President, Communications
$596,363
$513,810 No related comp$82,553
Rand Ghayad
Svp-Policy and Economics
$478,285
$411,415 No related comp$66,870
William C Thompson
Program Manager
$467,599
$385,880 No related comp$81,719
John Miller
Associate General Counsel
$443,928
$367,340 No related comp$76,588
Stephen Gordon
Associate General Counsel
$387,853
$362,254 No related comp$25,599
Edward A Kendall Jr
Corporate Secretary
$355,817
$295,021 No related comp$60,796

Benchmark Employee Compensation

Non-Employee Board Members

Alan Shaw
Director (Until 9/15/2024)
Dan Smith
Director
Jim Vena
Director
Joe Hinrichs
Director
Kathryn M Farmer
Director
Keith Creel
Director
Mark George
Director
Michael Miller
Director
Tracy Robinson
Director
William O'Leary
Director

Contractors

Transportation Technology Center Inc.
Testing and Research
$25,268,547
Purple Strategies
Paid Media Consulting and Advertising
$4,216,540
Gibson Dunn & Crutcher LLP
Legal Consulting
$2,370,000
Drumfire Public Affairs
Issue Advocacy and Reputation Management
$1,144,782
Munger Tolles & Olson LLP
Legal Consulting
$632,536

Mission Statement

AAR PROMOTES A SAFE AND EFFICIENT NORTH AMERICAN RAIL SYSTEM WITH PRINCIPAL ACTIVITIES IN AREAS SUCH AS STANDARDS, OPERATIONS, SAFETY, SECURITY, PUBLIC AFFAIRS AND PUBLIC POLICY.

Revisions to this organization profile

November 11, 2025:
2024 Association of American Railroads 990 filed
November 15, 2024:
2023 Association of American Railroads 990 filed
November 14, 2023:
2022 Association of American Railroads 990 filed

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