2024-11-15T11:31:42-06:00 2023-12-31 521446779 JOHNSON LAMBERT LLP 4242 SIX FORKS ROAD SUITE 1500 RALEIGH NC 27609 990 2023-01-01 530115970 AMERICAN FUEL AND PETROCHEMICAL MANUFACTURERS AMER 2024570480 1800 M STREET NW 900N WASHINGTON DC 20036 BRIAN TATUM CHIEF FINANCIAL OFFICER 2024570480 2024-11-15 1 0 J CALVIN MARKS P01226973 9197196400 2023 2024-10-15 13:58:12Z CHET THOMPSON 1800 M STREET NW 900N WASHINGTON DC 20036 74702919 0 X WWW.AFPM.ORG X 1961 DE -PROMOTING THE GENERAL WELFARE OF ITS MEMBERS BY GATHERING AND DISSEMINATING HISTORICAL AND SCIENTIFIC INFORMATION AND STATISTICS RELATING TO THE PETROLEUM REFINING, PETROCHEMICAL MANUFACTURING, AND MIDSTREAM INDUSTRIES.-SERVING AS AN EFFECTIVE CHANNEL OF COMMUNICATION OF INDUSTRY INFORMATION AMONG MEMBERS, OTHER ASSOCIATIONS, THE GOVERNMENT, AND THE PUBLIC. 59 59 78 70 0 0 0 0 37107126 59923646 724573 841522 0 0 37831699 60765168 608520 605891 0 0 16288153 17116379 0 0 0 22409435 26039165 39306108 43761435 -1474409 17003733 57392538 74455649 21380705 18362509 36011833 56093140 X EDUCATE THE PUBLIC AND POLICYMAKERS ABOUT THE VITAL ROLE OF THE REFINING AND PETROCHEMICAL INDUSTRIES IN THE NATION'S ECONOMY AND OUR CONTRIBUTION TO IMPROVEMENTS IN THE QUALITY OF LIFE SERVE AS A STRONG ADVOCACY VOICE FOR OUR MEMBERS WITH GOVERNMENT OFFICIALS, THE MEDIA AND THE PUBLIC TO PROMOTE POLICIES THAT BALANCE ENERGY SUPPLY NEEDS WITH ENVIRONMENTAL GOALS, FACILITATE TECHNICAL ADVANCEMENT AND CONTINUED PROGRESS IN SAFETY, ENVIRONMENTAL PERFORMANCE AND SECURITY, IN PART THROUGH WORLD-CLASS MEETINGS AND CONFERENCES SEVERAL OF WHICH ARE THE FOREMOST INDUSTRY MEETINGS IN THE WORLD. 0 0 ADVOCACY - AFPM'S GOAL IS TO ADVANCE A POLICY AGENDA THAT ALLOWS OUR INDUSTRIES TO GROW AND MANUFACTURE PRODUCTS THAT IMPROVE LIVES IN A WAY THAT PROTECTS THE SAFETY OF OUR WORKERS, OUR COMMUNITIES AND THE ENVIRONMENT. WE STRIVE TO INFORM, EDUCATE AND ADVOCATE TO LAWMAKERS, REGULATORY AGENCIES, THE MEDIA, AND GENERAL PUBLIC ON A VARIETY OF ISSUES THAT IMPACT THE REFINING, PETROCHEMICAL, AND MIDSTREAM INDUSTRIES. MEETINGS - AFPM OFFERS A WIDE VARIETY OF MEETINGS AND CONFERENCES THROUGHOUT THE YEAR TO FACILITATE TECHNICAL ADVANCEMENTS AND CONTINUED PROGRESS IN SAFETY, ENVIRONMENTAL PERFORMANCE AND SECURITY FOR THE REFINING, PETROCHEMICAL, AND MIDSTREAM INDUSTRIES. REPUTATIONAL ENHANCEMENT - A PROCESS SAFETY PROGRAM WHERE MEMBERS SHARE INFORMATION IN AN EFFORT TO MAXIMIZE FACILITY AND EMPLOYEE SAFETY. BUSINESS ENHANCEMENT 0 0 1 1 0 0 0 0 0 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 32 0 1 78 1 0 0 0 0 1 1 0 1 0 X 59 59 0 0 0 0 1 1 1 1 1 0 0 0 1 1 1 1 1 1 1 0 X BRIAN TATUM 2024570480 1800 M STREET NW STE 900N WASHINGTON DC 20036 MIKE HENNIGAN CHAIR 2.00 X X 0 0 0 WILLIE CHIANG VICE CHAIR 2.00 X X 0 0 0 JEFF RAMSEY PAST CHAIR 2.00 X X 0 0 0 MATTHEW SMORCH TREASURER 2.00 X X 0 0 0 BRIAN CANFIELD EXECUTIVE COMMITTEE OFFICE (FROM FEB '23) 2.00 X 0 0 0 CHRIS CAVOTE EXECUTIVE COMMITTEE OFFICE 2.00 X 0 0 0 BRUCE CHINN EXECUTIVE COMMITTEE OFFICE (TO FEB '23) 2.00 X 0 0 0 MICHAEL COYLE EXECUTIVE COMMITTEE OFFICE (TO JUN '23) 2.00 X 0 0 0 KIM FOLEY EXECUTIVE COMMITTEE OFFICE 2.00 X 0 0 0 TIMOTHY GO EXECUTIVE COMMITTEE OFFICE (FROM APR '23) 2.00 X 0 0 0 JOSEPH GORDER EXECUTIVE COMMITTEE OFFICE 2.00 X 0 0 0 NEIL HANSEN EXECUTIVE COMMITTEE OFFICE 2.00 X 0 0 0 ROBERT HERMAN EXECUTIVE COMMITTEE OFFICE (TO AUG '23) 2.00 X 0 0 0 MICHAEL JENNINGS EXECUTIVE COMMITTEE OFFICE (TO APR '23) 2.00 X 0 0 0 MARK LASHIER EXECUTIVE COMMITTEE OFFICE 2.00 X 0 0 0 MATT LUCEY EXECUTIVE COMMITTEE OFFICE (FROM AUG '23) 2.00 X 0 0 0 MICHAEL NAGLE EXECUTIVE COMMITTEE OFFICE 2.00 X 0 0 0 THOMAS J NIMBLEY EXECUTIVE COMMITTEE OFFICE (TO AUG '23) 2.00 X 0 0 0 JEFFREY RINKER EXECUTIVE COMMITTEE OFFICE 2.00 X 0 0 0 JEFFREY WARMANN EXECUTIVE COMMITTEE OFFICE 2.00 X 0 0 0 STEPHEN TOUPS ASSOCIATE MEMBER LIAISON 2.00 X 0 0 0 NEIL ACKERMAN DIRECTOR 1.00 X 0 0 0 TIMOTHY AYDT DIRECTOR 1.00 X 0 0 0 BRAD BARRON DIRECTOR 1.00 X 0 0 0 ROBERT BEADLE DIRECTOR 1.00 X 0 0 0 ALBERT CHAO DIRECTOR 1.00 X 0 0 0 KEITH CHIASSON DIRECTOR 1.00 X 0 0 0 LUIS CIRIHAL DIRECTOR (FROM JUN '23) 1.00 X 0 0 0 KEITH CLEASON DIRECTOR 1.00 X 0 0 0 DAVID COLEMAN DIRECTOR 1.00 X 0 0 0 RAPHAEL CRAWFORD DIRECTOR (TO JUL '23) 1.00 X 0 0 0 RICHARD CREAMER DIRECTOR 1.00 X 0 0 0 BRAD CROCKER DIRECTOR 1.00 X 0 0 0 FRANK CHRIS D'ANNA DIRECTOR 1.00 X 0 0 0 ERWIN DIJKMAN DIRECTOR (TO AUG '23) 1.00 X 0 0 0 EDWARD J DINEEN DIRECTOR 1.00 X 0 0 0 JASON S DUNCAN DIRECTOR 1.00 X 0 0 0 JERRY DUNN DIRECTOR 1.00 X 0 0 0 DENNIS GARBARINO DIRECTOR 1.00 X 0 0 0 BRYAN GLOVER DIRECTOR 1.00 X 0 0 0 BRIAN GROODY DIRECTOR (FROM NOV '23) 1.00 X 0 0 0 GUY HACKWELL DIRECTOR 1.00 X 0 0 0 RB HERRSCHER DIRECTOR (FROM FEB '23) 1.00 X 0 0 0 CHUCK HIRSCH DIRECTOR 1.00 X 0 0 0 CHRIS HOCHER DIRECTOR 1.00 X 0 0 0 LIN HUANG DIRECTOR (FROM JAN '23) 1.00 X 0 0 0 JOSEPH ISRAEL DIRECTOR 1.00 X 0 0 0 KEVIN KOLEVAR DIRECTOR (TO AUG '23) 1.00 X 0 0 0 MARY KURIAN DIRECTOR (TO AUG '23) 1.00 X 0 0 0 NIALL MCCONVILLE DIRECTOR (TO JAN '23) 1.00 X 0 0 0 KEVIN M MILLER DIRECTOR 1.00 X 0 0 0 KEN MOUNGER DIRECTOR 1.00 X 0 0 0 THOMAS MYERS DIRECTOR 1.00 X 0 0 0 FRANCIS MURPHY DIRECTOR 1.00 X 0 0 0 WILLIAM PARKER DIRECTOR 1.00 X 0 0 0 THOMAS PETTI DIRECTOR 1.00 X 0 0 0 ALASTAIR PORT DIRECTOR 1.00 X 0 0 0 LANCE PUCKETT DIRECTOR 1.00 X 0 0 0 RICHARD RENNARD DIRECTOR 1.00 X 0 0 0 ROSS REUCASSEL DIRECTOR 1.00 X 0 0 0 JAMES RHAME DIRECTOR 1.00 X 0 0 0 LANE RIGGS DIRECTOR 1.00 X 0 0 0 MARK ROLES DIRECTOR (FROM SEP '23) 1.00 X 0 0 0 GULAY SERHATKULU DIRECTOR (FROM AUG '23) 1.00 X 0 0 0 MICHAEL SIMMONS DIRECTOR (FROM JUL '23) 1.00 X 0 0 0 MICHAEL SWANSON DIRECTOR 1.00 X 0 0 0 JOHN TRAEGER DIRECTOR 1.00 X 0 0 0 MARK WESCOTT DIRECTOR (TO AUG '23) 1.00 X 0 0 0 TOM YURA DIRECTOR 1.00 X 0 0 0 BRIAN ZOLKOS DIRECTOR 1.00 X 0 0 0 CHET THOMPSON PRESIDENT & CEO 40.00 X 4505508 0 462079 RICHARD MOSKOWITZ GENERAL COUNSEL 40.00 X 543842 0 56804 BRIAN TATUM CFO 40.00 X 485776 0 77370 JAIME ZARRABY SVP/COMMUNICATIONS 40.00 X 581540 0 47209 GEOFF MOODY SVP/GOVERNMENT RELATIONS & POLICY 40.00 X 438892 0 76520 LARA SWETT VP SAFETY & TECHNICAL PROGRAMS 40.00 X 361424 0 39529 DONALD THOREN VP STATE & LOCAL OUTREACH 40.00 X 290710 0 35412 SUSAN GRISSOM VP, CHIEF INDUSTRY ANALYST 40.00 X 282792 0 51321 ROBERT BENEDICT VP PETROCHEMICALS & MIDSTREAM 40.00 X 278632 0 56931 JULIA KRAMER VP HUMAN RESOURCES 40.00 X 269587 0 39701 8038703 0 942876 41 0 1 0 NJI MEDIA LLC 101 1/2 S UNION ST ALEXANDRIA VA 22314 PUBLIC RELATIONS 4406269 GARRISON MANAGEMENT GROUP LLC DBA AXADVO 1101 PENNSYLVANIA AVE STE 1020 WASHINGTON DC 20004 PUBLIC RELATIONS 1623636 SIDLEY AUSTIN LLP PO BOX 8642 CHICAGO IL 60690 LITIGATION SERVICES 1243628 DEZENHALL RESOURCES LTD 2121 K ST NW WASHINGTON DC 20037 PUBLIC RELATIONS 1085114 GRAND HYATT SAN ANTONIO 600 E MARKET ST SAN ANTONIO TX 78205 EVENT SERVICES 697514 39 MEMBERSHIP DUES 900099 52517618 52517618 MEETINGS 900099 6920302 6920302 PUBLICATIONS 513190 351158 351158 SAFETY STATISTICS AND AWARDS PROG 900099 134568 134568 59923646 1509853 1509853 13269420 13937751 -668331 -668331 -668331 60765168 53003344 0 7761824 X 605891 7275540 7338892 238418 1548495 715034 28954 141378 5987363 71116 6971556 554845 453217 632564 1424987 772244 5044702 455340 208111 SAFETY PROGRAMS 630497 CONTRIBUTIONS TO POLITI 620500 GENERAL OPERATING EXPEN 464841 DUES & SUBSCRIPTIONS 384977 1191973 43761435 300 300 12725120 24703133 168173 6977224 491492 402488 4435708 2824959 1955616 1610749 30713670 31056529 11338167 9705226 57392538 74455649 7487950 6367701 1095375 1573016 12797380 10421792 21380705 18362509 X 23442333 26006385 12569500 30086755 36011833 56093140 57392538 74455649 X 17003733 2790998 286576 X 0 1 X 1 0 631555 620500 620500 1 AFPM POLITICAL ACTION COMMITTEE 1800 M STREET NW STE 900N WASHINGTON DC 20036 203957588 92460 REPUBLICAN STATE LEADERSHIP COMMITTEE 1021 F ST NW 675 WASHINGTON DC 20004 050532524 142500 CONGRESSIONAL LEADERSHIP FUND 1747 PENNSYLVANIA AVE NW 5TH FLOO WASHINGTON DC 20006 453578123 100000 REPUBLICAN GOVERNORS ASSOCIATION 1747 PENNSYLVANIA AVE NW SUITE 25 WASHINGTON DC 20006 113655877 100000 REPUBLICAN ATTORNEYS GENERAL ASSOCIATION 1747 PENNSYLVANIA AVE NW SUITE 80 WASHINGTON DC 20006 464501717 75000 DEMOCRATIC GOVERNORS ASSOCIATION 1225 EYE ST NW SUITE 1100 WASHINGTON DC 20006 521304889 50000 GOPAC 2300 CLARENDON AVE SUITE 1305 ARLINGTON VA 22201 521337860 50000 DEMOCRATIC ATTORNEY GENERAL ASSOCIATION 1875 K ST NW 4TH FLOOR WASHINGTON DC 20036 134220019 25000 DEMOCRATIC LEGISLATIVE CAMPAIGN COMMITTEE 1225 EYE ST NW SUITE 1250 WASHINGTON DC 20006 521870839 15000 SAFE AND FREE LOUISIANA PO BOX 80593 BATON ROUGE LA 70898 882743692 15000 BUCKEYE FREEDOM FUND PO BOX 711024 HERNDON VA 20171 873793400 10000 DEMOCRATIC LT GOVERNORS ASSOCIATION 1090 VERMONT AVE NW STE 750 WASHINGTON DC 20005 030457299 10000 UNITED ALLIANCE 370 EAST SOUTH TEMPLE STE 580 SALT LAKE CITY UT 84111 300938822 10000 MIDDLE OF THE ROAD PAC PO BOX 4504 OVERLAND PARK KS 66204 932003567 5000 REPUBLICAN COMMONWEALTH LEADERSHIP PAC PO BOX 71596 RICHMOND VA 23255 202818542 5000 SAFER KENTUCKY PAC 6844 BARDSTOWN RD 636 LOUISVILLE KY 40291 883879852 5000 KELLY TOLAND INAUGURAL 2023 PO BOX 4507 OVERLAND PARK KS 66204 921094628 2500 MICHIGAN DEMOCRATIC STATE CENTRAL COMMITTEE 606 TOWNSEND ST LANSING MI 48933 381323848 500 0 0 1 65055816 6910000 -8916335 -2006335 24946582 -26952917 PART I-A, LINE 1: TO PROVIDE INDIVIDUALS WITH THE OPPORTUNITY TO CONTRIBUTE TO THE SUPPORT OF CANDIDATES FOR FEDERAL OFFICE WHO HAVE DEMONSTRATED CONCERN FOR THE INTERESTS OF THE REFINING, PETROCHEMICAL, AND MIDSTREAM INDUSTRIES THROUGH THE AFPM POLITICAL ACTION COMMITTEE. IN 2023, AFPM MADE PAYMENTS TOTALLING $620,500 TO SECTION 527 POLITICAL ORGANIZATIONS. PART I-C, LINE 5: CONTRIBUTIONS RECEIVED BY AFPM AND TRANSFERRED TO AFPM PAC, A SEPARATE SEGREGATED FUND. 2582890 1300963 1281927 782472 619014 163458 1070346 904982 165364 1610749 ROU LEASE ASSET 6753160 ACCRUED PENSION COST 1603087 DEFERRED COMPENSATION 1348979 9705226 ROU LEASE LIABILITY 9322514 DEFERRED RETIREE MEDICAL OBLIGATION 711569 DEFERRED COMPENSATION 387709 10421792 X 63442942 2790998 92460 2883458 60559484 71116 134568 205684 60765168 43381175 112000 112000 43269175 71116 421144 492260 43761435 PART X, LINE 2: MANAGEMENT HAS CONCLUDED THAT AFPM AND THE PAC HAVE PROPERLY MAINTAINED THEIR EXEMPT STATUS AND THERE ARE NO UNCERTAIN TAX POSITIONS AS OF DECEMBER 31, 2023. PART XI, LINE 2D - OTHER ADJUSTMENTS: PAC REVENUE 92,460. PART XI, LINE 4B - OTHER ADJUSTMENTS: REVENUE RECORDED AS CONTRA- EXPENSE 134,568. PART XII, LINE 2D - OTHER ADJUSTMENTS: PAC DISBURSEMENTS 112,000. PART XII, LINE 4B - OTHER ADJUSTMENTS: NET PERIODIC PENSION AND RETIREE MEDICAL PLAN BENEFIT 286,576. REVENUE RECORDED AS CONTRA- EXPENSE 134,568. 1 AMERICAN ENERGY ALLIANCE 1155 15TH ST NW - SUITE 900 WASHINGTON DC 20005 262731617 501(C)(4) 200000 0 GENERAL SUPPORT NEW JERSEY BUSINESS & INDUSTRY ASSOCIATION 10 WEST LAFAYETTE STREET TRENTON NJ 08608 210506685 501(C)(3) 50000 0 GENERAL SUPPORT AMERICAN COUNCIL FOR CAPITAL FORMATION 1001 CONNECTICUT AVE NW - SUITE 620 WASHINGTON DC 20006 520991278 501(C)(6) 45000 0 GENERAL SUPPORT CONGRESSIONAL BLACK CAUCUS INSTITUTE 413 NEW JERSEY AVEM SE WASHINGTON DC 20003 522270607 501(C)(4) 30000 0 GENERAL SUPPORT THE CHEMICAL EDUCATIONAL FOUNDATION 1560 WILSON BLVD 1100 ARLINGTON VA 22209 521780515 501(C)(3) 25000 0 GENERAL SUPPORT SOUTHERN STATES ENERGY BOARD 6325 AMHERST COURT NORCROSS GA 30092 580864888 SEC 115 22200 0 GENERAL SUPPORT & EVENT SPONSORSHIP THOMAS JEFFERSON INSTITUTE FOR PUBLIC POLICY 7011 DREAMS WAY COURT ALEXANDRIA VA 22315 510280185 501(C)(3) 20000 0 GENERAL SUPPORT AMERICAN ASSOCIATION OF BLACKS IN ENERGY 1625 K ST NW - 405 WASHINGTON DC 20006 840782569 501(C)(3) 15000 0 EVENT SPONSORHIP CONSUMER ENERGY ALLIANCE 2211 NORFOLK AVENUE HOUSTON TX 77098 261658339 501(C)(4) 15000 0 GENERAL SUPPORT NATIONAL BLACK CAUCUS OF STATE LEGISLATORS 444 NORTH CAPITOL NW - SUITE 622 WASHINGTON DC 20001 521218832 501(C)(3) 15000 0 GENERAL SUPPORT NSCL FOUNDATION FOR STATE LEGISLATURES 7700 E 1ST PL DENVER CO 80230 742232576 501(C)(3) 15000 0 EVENT SPONSORHIP STATE POLICY NETWORK 1655 N FORT MYER DRIVE NO 360 ARLINGTON VA 22209 570952531 501(C)(3) 15000 0 GENERAL SUPPORT THE COUNCIL OF STATE GOVERNMENTS 1776 AVENUE OF THE STATES LEXINGTON KY 40511 366000818 501(C)(3) 15000 0 GENERAL SUPPORT WESTERN GOVERNORS ASSOCIATION 1700 BROADWAY SUITE 500 DENVER CO 80290 840747227 501(C)(6) 15000 0 EVENT SPONSORHIP AMERICAN LEGISLATIVE EXCHANGE COUNCIL 2900 CRYSTAL DRIVE 6TH FLOOR ARLINGTON VA 22202 520140979 501(C)(3) 12000 0 GENERAL SUPPORT & EVENT SPONSORSHIP CENTER FOR MILITARY RECRUITMENT ASSESSMENT AND VETERANS EMPLOYMENT 815 16TH ST NW STE 600 WASHINGTON DC 20006 431972568 501(C)(3) 10000 0 EVENT SPONSORHIP NATIONAL HISPANIC CAUCUS OF STATE LEGISLATORS 1444 I STREET NW SUITE 900 WASHINGTON DC 20005 841168319 501(C)(3) 10000 0 GENERAL SUPPORT WOMEN'S ENERGY NETWORK PO BOX 65174 WASHINGTON DC 20035 454607084 501(C)(6) 10000 0 EVENT SPONSORHIP CONGRESSIONAL HISPANIC CAUCUS INSTITUTE 1128 16TH ST NW WASHINGTON DC 20063 521114225 501(C)(3) 7500 0 GENERAL SUPPORT & EVENT SPONSORSHIP CENTER FOR LEGISLATIVE ENERGY & ENVIRONMENTAL RESEARCH 5400 LBJ FREEWAY DALLAS TX 75240 752351673 501(C)(4) 6000 0 GENERAL SUPPORT 13 7 PART I, LINE 2: AFPM PROVIDES FINANCIAL RESOURCES TO VARIOUS 501(C) ORGANIZATIONS WHO SUPPORT AND/OR ARE INTERESTED IN LEARNING ABOUT THE REFINING, PETROCHEMICAL, AND MIDSTREAM INDUSTRIES OR PROVIDE INFORMATION TO THEIR MEMBERSHIP ABOUT OUR INDUSTRIES. WE MEET WITH THE ORGANIZATIONS ON A RECURRING BASIS TO MONITOR THEIR ACTIVITIES AND PROGRESS REPORTS ARE PROVIDED UPON REQUEST. X X X X 0 1 0 CHET THOMPSON PRESIDENT & CEO 2701818 0 1800000 0 3690 0 424000 0 38079 0 4967587 0 0 1311038 JAIME ZARRABY SVP/COMMUNICATIONS 481240 0 100000 0 300 0 39600 0 7609 0 628749 0 0 0 RICHARD MOSKOWITZ GENERAL COUNSEL 467552 0 75000 0 1290 0 39600 0 17204 0 600646 0 0 0 BRIAN TATUM CFO 385326 0 100000 0 450 0 39600 0 37770 0 563146 0 0 0 GEOFF MOODY SVP/GOVERNMENT RELATIONS & POLICY 378592 0 60000 0 300 0 39600 0 36920 0 515412 0 0 0 LARA SWETT VP SAFETY & TECHNICAL PROGRAMS 312532 0 40000 0 8892 0 33000 0 6529 0 400953 0 0 0 ROBERT BENEDICT VP PETROCHEMICALS & MIDSTREAM 248332 0 30000 0 300 0 28000 0 28931 0 335563 0 0 0 SUSAN GRISSOM VP, CHIEF INDUSTRY ANALYST 243982 0 35000 0 3810 0 29000 0 22321 0 334113 0 0 0 DONALD THOREN VP STATE & LOCAL OUTREACH 253180 0 30000 0 7530 0 28000 0 7412 0 326122 0 0 0 JULIA KRAMER VP HUMAN RESOURCES 235777 0 30000 0 3810 0 27000 0 12701 0 309288 0 0 0 PART I, LINE 4B CHET THOMPSON CONTRIBUTION TO DEFERRED COMPENSATION PLAN $380,500 CHET THOMPSON DISTRIBUTION FROM DEFERRED COMPENSATION PLAN $1,311,038 FORM 990, PART VI, SECTION A, LINE 6 AFPM HAS OVER 300 MEMBER COMPANIES. FORM 990, PART VI, SECTION A, LINE 7A THE AFPM BOARD OF DIRECTORS IS COMPRISED OF REPRESENTATIVES FROM EACH OF ITS REGULAR MEMBERS. FORM 990, PART VI, SECTION A, LINE 7B EACH PETROCHEMICAL AND REFINING MEMBER COMPANY HAS ONE VOTE WHICH PERTAINS TO THE ISSUE BEING VOTED ON. AFPM BOARD MEMBERS APPROVE APPOINTED MEMBERS OF THE EXECUTIVE COMMITTEE; ANNUAL BUDGETS; AMENDMENTS IN THE ASSOCIATION'S BYLAWS. FORM 990, PART VI, SECTION B, LINE 11B THE CHIEF FINANCIAL OFFICER (CFO) AND ACCOUNTING MANAGER (AM) REVIEW THE UNAPPROVED FORM 990 AT A SCHEDULED MEETING AND SUBMIT REVISIONS AND/OR QUESTIONS TO THE CONTRACTED AUDITING FIRM (JOHNSON LAMBERT). THE FORM 990 FORM IS RETURNED TO THE CFO AND AM WITH REVISIONS (IF ANY) AND SUBMITTED BACK TO THE AUDITING FIRM AS APPROVED AND THE FINAL VERSION IS REVIEWED WITH THE PRESIDENT. FORM 990, PART VI, SECTION B, LINE 12C AFPM PROVIDES THE POLICY TO ORGANIZATION PERSONNEL ANNUALLY AND MONITORS THE ADDITION OF NEW VENDORS AND COMPANY RELATED TRAVEL. FORM 990, PART VI, SECTION B, LINE 15 INDEPENDENT SALARY SURVEY OF KEY POSITIONS WAS COMMISSIONED AND THE EXECUTIVE COMPENSATION IS VOTED ON BY THE EXECUTIVE COMMITTEE ON AN ANNUAL BASIS. PRESIDENT'S SALARY AND BONUS WERE RECOMMENDED AND APPROVED BY THE EXECUTIVE COMMITTEE. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G LITIGATION 2,102,436. REGULATORY AFFAIRS 516,773. CHANGE THE NARRATIVE 4,179,919. OTHER CONSULTANTS 172,428. FORM 990, PART XI, LINE 9: ADDITIONAL PENSION BENEFIT (EXPENSE) 286,576.