AMERICAN GAS ASSOCIATION

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1971

Legal Domicile

Principal Officer

KAREN HARBERT

Phone

2028247000

Tax Period

2023-01-01 to 2023-12-31

AMERICAN GAS ASSOCIATION, founded in 1971, is a mid-sized nonprofit that reported $42.1M in total revenue in fiscal year 2023. Revenue grew 15% year-over-year, indicating healthy expansion.

Mission

AMERICAN GAS ASSOCIATION'S (THE ASSOCIATION) MISSION IS TO DEVELOP AND ADVOCATE FOR INFORMED, INNOVATIVE, AND DURABLE POLICY THAT FULFILLS OUR NATION'S ENERGY NEEDS, ENVIRONMENTAL ASPIRATIONS AND ECONOMIC POTENTIAL. WE ARE COMMITTED TO PROVIDING STATE-OF-THE ART SOLUTIONS FOR ASSOCIATION MEMBERS TO SAFELY AND SECURELY DELIVER RELIABLE AND AFFORDABLE NATURAL GAS AND ADVANCED FUELS TO HOMES AND BUSINESSES ACROSS THE NATION.

Program Service Accomplishments

Program 1

SAFETY, OPERATIONS, ENGINEERING AND SECURITY: SAFETY, OPERATIONS, ENGINEERING AND SECURITY IMPROVES SAFETY, RELIABILITY, AND EFFICIENCY THROUGH SOUND REGULATION AND LEGISLATIONS, BEST PRACTICES...

SAFETY, OPERATIONS, ENGINEERING AND SECURITY: SAFETY, OPERATIONS, ENGINEERING AND SECURITY IMPROVES SAFETY, RELIABILITY, AND EFFICIENCY THROUGH SOUND REGULATION AND LEGISLATIONS, BEST PRACTICES PROGRAMS, PEER-TO-PEER REVIEWS, FORUMS TO EXCHANGE INFORMATION AND THE DEVELOPMENT OF MATERIALS ON GAS OPERATIONS, SECURITY, ENVIRONMENTAL ISSUES, UNDERGROUND STORAGE AND OTHER TOPICS RELATED TO THE DELIVERY OF NATURAL GAS.

Program 2

GOVERNMENTAL AFFAIRS AND PUBLIC POLICY: GOVERNMENTAL AFFAIRS AND PUBLIC POLICY PROVIDES AMERICAN GAS ASSOCIATION MEMBERS WITH INFORMATION ON LEGISLATIVE DEVELOPMENT, PREPARES TESTIMONY, COMMENTS AND FILINGS REGARDING LEGISLATIVE ACTIVITIES, LOBBIES ON BEHALF OF THE INDUSTRY AND ITS CUSTOMERS TO ACHIEVE THE ASSOCIATION'S ADVOCACY PRIORITIES.

Program 3

MEMBERSHIP AND STRATEGIC DEVELOPMENT: MEMBERSHIP AND STRATEGIC DEVELOPMENT PROVIDES MEETING SERVICES, CORPORATE SECRETARY AND BOARD SUPPORT, AND OPPORTUNITIES FOR INTERACTION BETWEEN MEMBER COMPANIES AND THE FINANCIAL COMMUNITY WITH A FOCUS TO PROMOTE INTEREST IN THE INVESTMENT OPPORTUNITIES IN THE INDUSTRY.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $39,284,205

Investment Income $1,378,649

Other Revenue $1,395,508

TOTAL REVENUE $42,058,362

Expense Breakdown

Grants Paid $568,858

Salaries & Benefits $22,490,950

Fundraising Expenses $0

Other Expenses $18,081,270

TOTAL EXPENSES $41,141,078

Year-over-Year Comparison

	2023	2022	Change
Revenue	$42,058,362	$36,724,829	+0.1%
Expenses	$41,141,078	$36,971,511	+0.1%
Net Income	$917,284	$-246,682	-4.7%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✓ Political Activity ✓ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

112

Volunteers

5547

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$5,292,349

Total Directors

$3,439,013

Key Employees

$733,843

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SUZANNE SITHERWOOD	CHAIR	5.00	Officer Director	$0	$0	$0
BLUE JENKINS	DIRECTOR	1.00	Director	$0	$0	$0
JAMES Y KERR II	DIRECTOR	1.00	Director	$0	$0	$0
NICOLE A KIVISTO	DIRECTOR	1.00	Director	$0	$0	$0
DIANE LEOPOLD	DIRECTOR	1.00	Director	$0	$0	$0
STEVEN L LINDSEY	DIRECTOR	1.00	Director	$0	$0	$0
SID MCANNALLY	DIRECTOR	1.00	Director	$0	$0	$0
THOMAS MEISSNER	DIRECTOR	1.00	Director	$0	$0	$0
MELISSA ORSEN	DIRECTOR	1.00	Director	$0	$0	$0
FRANKLYN D REYNOLDS	DIRECTOR	1.00	Director	$0	$0	$0
GARRICK J ROCHOW	DIRECTOR	1.00	Director	$0	$0	$0
SETH SHAPIRO	DIRECTOR	1.00	Director	$0	$0	$0
RYAN A SHELL	DIRECTOR	1.00	Director	$0	$0	$0
LEONARD P SINGH	DIRECTOR	1.00	Director	$0	$0	$0
DENNIS P VERMILLION	DIRECTOR	1.00	Director	$0	$0	$0
SASHA WEINTRAUB	DIRECTOR	1.00	Director	$0	$0	$0
STEPHEN D WESTHOVEN	DIRECTOR	1.00	Director	$0	$0	$0
RUDOLPH L WYNTER JR	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL INNOCENZO	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL HUWAR	DIRECTOR	1.00	Director	$0	$0	$0
MARY KIPP	DIRECTOR	1.00	Director	$0	$0	$0
ANDY HESSELBACH	DIRECTOR	1.00	Director	$0	$0	$0
KURT ADAMS	DIRECTOR	1.00	Director	$0	$0	$0
KEVIN AKERS	DIRECTOR	1.00	Director	$0	$0	$0
DAVID H ANDERSON	DIRECTOR	1.00	Director	$0	$0	$0
JEFFRY M HOUSEHOLDER	DIRECTOR	1.00	Director	$0	$0	$0
ROBERT F BEARD	DIRECTOR	1.00	Director	$0	$0	$0
LONNIE E BELLAR	DIRECTOR	1.00	Director	$0	$0	$0
KELCEY A BROWN	DIRECTOR	1.00	Director	$0	$0	$0
DARIN MICHAEL CARROLL	DIRECTOR	1.00	Director	$0	$0	$0
DAVID P BAUER	DIRECTOR	1.00	Director	$0	$0	$0
SCOTT D DRURY	DIRECTOR	1.00	Director	$0	$0	$0
LINDEN EVANS	DIRECTOR	1.00	Director	$0	$0	$0
ROBERT FRENZEL	DIRECTOR	1.00	Director	$0	$0	$0
RUDY D GARZA	DIRECTOR	1.00	Director	$0	$0	$0
KAREN S HALLER	DIRECTOR	1.00	Director	$0	$0	$0
KIM C HANEMANN	DIRECTOR	1.00	Director	$0	$0	$0
JEFFREY A HARRISON	DIRECTOR	1.00	Director	$0	$0	$0
TIMOTHY P CAWLEY	DIRECTOR	1.00	Director	$0	$0	$0
JERRY NORCIA	FIRST VICE CHAIR	4.00	Officer Director	$0	$0	$0
KAREN HARBERT	PRESIDENT & CEO	35.00	Officer Director	$2,918,577	$520,436	$3,439,013
LLOYD YATES	SECOND VICE CHAIR	3.00	Officer Director	$0	$0	$0
TERRI OLIVA	CHIEF FINANCIAL OFFICER	35.00	Officer	$563,811	$64,946	$628,757
MICHAEL MURRAY	GENERAL COUNSEL	35.00	Officer	$552,102	$82,853	$634,955
EDITH NAEGELE	VP & CORPORATE SECRETARY	35.00	Officer	$520,614	$69,010	$589,624
CHRISTINA SAMES	SVP, SAFETY, OPS, ENG & SECURITY	35.00	Key Emp	$651,805	$82,038	$733,843
SUSAN FORRESTER	VP, ADVOCACY & OUTREACH	35.00	Highest	$343,062	$44,928	$387,990
JENNIFER O'SHEA	VP, COMMUNICATIONS	35.00	Highest	$357,874	$82,028	$439,902
RICHARD MEYER	VP, ENERGY MARKETS, ANALYSIS, & STANDARDS	35.00	Highest	$354,903	$62,474	$417,377
GEORGE LOWE	VP, GOVERNMENT RELATIONS	35.00	Highest	$505,735	$79,908	$585,643
MEGAN DUNN	VP, TALENT OPERATIONS	35.00	Highest	$335,506	$72,441	$407,947
LORI TRAWEEK	FORMER CHIEF OPERATING OFFICER	35.00		$1,037,511	$0	$1,037,511

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	No data	No data	No data	No data
2023	$42,058,362	$41,141,078	$58,063,253	$917,284
2022	$36,724,829	$36,971,511	$59,928,098	$-246,682
2021	$35,694,026	$34,995,470	$54,599,533	$698,556
2020	$32,533,471	$30,927,928	$48,172,266	$1,605,543
2019	$38,193,962	$34,648,930	$47,368,786	$3,545,032
2018	$61,809,816	$56,099,632	$44,327,811	$5,710,184