Executive Compensation at the Association of American Railroads
The Association of American Railroads (AAR) is an industry trade organization representing freight railroads, Amtrak, and other commuter railroads in the US, Canada, and Mexico, to Congress and government regulators, and the public. Based in Washington, DC, AAR is a tax-exempt, non-profit 501 (c) 6 with 14 voting members (directors), 13 of whom are independent, in its governing body, although the most recent Form 990 (2019) lists 15 directors, all of whom are male.
In 2019, AAR reported total revenue of $54 million (compared to $53 million in 2018, $60 million in 2017, and $60 million in 2016), most of which comes from membership dues. Expenses totaled $54 million in 2019 with the three largest expenses reported to be compensation ($19 million), intracompany expenses – 3 tax exempt related organizations at the same address and 2 related organizations taxed as a corporation or trust – ($14 million), and fees for services – primarily consultants – ($11 million). Read more 
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