Asphalt Institute Inc
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.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$14.8M
+10.3% YoY
Annual Giving
$10K
-0.3% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$10K
-0.3% YoY
About Asphalt Institute Inc
Based on IRS filings
Asphalt Institute Inc is a nonprofit organization, based in LEXINGTON, KY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $14.8M in total assets. In 2024, it awarded 1 grants totaling $10K. Net investment income was $438K.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $14,798,159 | $13,421,979 | $11,736,157 |
| Revenue | $9,562,397 | $9,273,389 | $7,898,545 |
| Expenses | $9,442,469 | $8,550,075 | $8,500,617 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $437,508 | $284,111 | $233,598 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
4 grants across all recorded years
Open Grants
1 open opportunity from Asphalt Institute Inc
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Asphalt Institute Foundation Inc ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ASPHALT INSTITUTE FOUNDATION INC LEXINGTON, KY | PROVIDE SUPPORT TO RELATED ORGANIZATION TO CONDUCT RESEARCH AND EDUCATIONAL ACTIVITIES THAT ARE DESIGNED TO ADVANCE AND IMPROVE BOTH THE LIQUID ASPHALT INDUSTRY AND THE WELFARE OF THE GENERAL PUBLIC. | $10,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ROB TREECE | CHAIR | 3 | — |
| CRAIG FABRIZIO | TREASURER | 1 | — |
| CHARLES BOAN | VICE CHAIR | 1 | — |
| SETH HANKOWSKI | DIRECTOR | 1 | — |
| JOHN BROWNIE | DIRECTOR | 1 | — |
| LORA COLLINS | DIRECTOR | 1 | — |
| KEVIN YOCCA | DIRECTOR | 1 | — |
| DAMON KREHBIEL | DIRECTOR | 1 | — |
| MATT JOHNSON | DIRECTOR | 1 | — |
| GENEVIEVE THERIAULT | DIRECTOR | 1 | — |
| CHRIS CAMPBELL | DIRECTOR | 1 | — |
| STEVE MUSON | DIRECTOR | 1 | — |
| DONNA KWAPIS | DIRECTOR | 1 | — |
| LEE SCHLOSS | DIRECTOR | 1 | — |
| LUIS BENAVIDES | DIRECTOR | 1 | — |
| CHIP RAY | DIRECTOR | 1 | — |
| BOB CHEEVER | DIRECTOR | 1 | — |
| JEFF GIBBS | DIRECTOR | 1 | — |
| BRENT BANACH | DIRECTOR | 1 | — |
| MARTIIN RAY | DIRECTOR | 1 | — |
| PATRICK NATION | DIRECTOR | 1 | — |
| JAMES RAWSON | DIRECTOR | 1 | — |
| BRAD SCHMITZ | DIRECTOR | 1 | — |
| STEVE THWEATT | DIRECTOR | 1 | — |
| DOMINIC KRUGGEL | DIRECTOR | 1 | — |
| KRISTINA EITING | DIRECTOR | 1 | — |
| CLINT RYBAK | DIRECTOR | 1 | — |
| ED STARBUCK | DIRECTOR | 1 | — |
| BOB SEDON | DIRECTOR | 1 | — |
| MICHAEL MUHR | DIRECTOR | 1 | — |
| FRANK SUITS JR | DIRECTOR | 1 | — |
| STEPHEN RICKETTS | DIRECTOR | 1 | — |
| ROD PULLEN | DIRECTOR | 1 | — |
| MATTHEW PAKKALA | DIRECTOR | 1 | — |
| PETER T GRASS | PRESIDENT | 45 | $511,560 |
| DANIELLE STEINBERG | DIR. FINANCE & ADMIN/SECRETARY | 45 | $151,886 |
| TRACIE SCHLICH | DIRECTOR OF MARKETING & MEMBERSHIP | 40 | $206,778 |
| MARK BUNCHER | DIRECTOR OF ENGINEERING | 40 | $219,334 |
| MIKE ANDERSON | DIRECTOR OF RESEARCH & LAB | 40 | $187,967 |
| PAUL SOHI | DIRECTOR HS & E | 40 | $193,376 |
| DANIEL GIERHART | DEPUTY DIRECTOR OF ENGINEERING | 40 | $193,293 |
Frequently Asked Questions
How large is Asphalt Institute Inc?
As of 2024, Asphalt Institute Inc holds $14.8M in total assets with $9.6M in annual revenue. It awarded 1 grants totaling $10K in 2024.
Where does Asphalt Institute Inc operate?
Asphalt Institute Inc has awarded grants in Kentucky.
What size grants does Asphalt Institute Inc award?
In 2024, Asphalt Institute Inc awarded 1 grants totaling $10K — an average of about $10K per grant, based on its IRS Form 990 filings.
What is Asphalt Institute Inc's EIN?
Asphalt Institute Inc's EIN (Employer Identification Number) is 61-1148531. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Asphalt Institute Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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