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
No grants recorded for .
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 |
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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