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American Bureau of Shipping

TradeFed auditsIRS 990
Trade Association · SPRING, TX · EIN 13-4921556

About

To serve the public interest as well as the needs of our members and clients by promoting the safety of life and property and preserving the natural environment through the development and verification of standards for design, construction and operational maintenance of ships and marine related facilities.

Donations are NOT tax-deductible
Category
Trade Association
Employees
1,453
Volunteers
0

Financial Snapshot

FY ending 2024-12-31
Revenue
$536.6M
Expenses
$514.9M
Assets
$2.3B
Liabilities
$330.7M

Financial history

$536.6M$268.3M$0
161718192021222324
RevenueExpenses
Latest FY2024: $536.6M · Avg: $489.6M

Foreign activity (Schedule F)

Total spent abroad$215.4M
Foreign employees2,721
Foreign offices120
Foreign partnership interestNo
Foreign trust interestNo
RegionActivitySpent
East Asia and Pacific——
Europe——
Middle East and North Africa——
North America——
Russia and Neighboring States——
South America——
South Asia——
Sub-Saharan Africa——
Sub-Saharan Africa——
South Asia——
South America——
North America——
Central America and the Caribbean——
Middle East and North Africa——
Europe——
Russia and Neighboring States——
East Asia and Pacific——

Political & Grant Activity

Campaign Spending
—
Lobbying
—
Grants Given
$360K
AMERICAN BUREAU OF SHIPPING
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Address

1701 City Plaza DR
Spring, TX, 77389-183

Governance

Voting board members12
Independent members9
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planYes
Compensation committeeYes
Used comp surveyYes
Board approved compYes
Public records
ProPublica Nonprofit Explorer ↗
Full 990 PDFs going back to 2001, plus parsed financial extracts. The easiest place to read actual filings.
IRS Tax Exempt Organization Search ↗
IRS-side authoritative source. Confirms current exempt status and pulls the latest determination letter.
These open in a new tab. AllCiv doesn't host filings directly — these are the authoritative public-record sources.