Form990


Department of the TreasuryInternal Revenue Service
Return of Organization Exempt From Income Tax
Under section 501(c), 527, or 4947(a)(1) of the Internal Revenue Code (except private foundations)
Do not enter social security numbers on this form as it may be made public.
Go to www.irs.gov/Form990 for instructions and the latest information.
OMB No. 1545-0047
2024
Open to Public Inspection
A For the 2024 calendar year, or tax year beginning 01-01-2024 , and ending 12-31-2024
BCheck if applicable:
CName of organization
American Bureau of Shipping
 
 
Doing business as
 
 
Number and street (or P.O. box if mail is not delivered to street address)
1701 City Plaza Drive
 
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Spring, TX77389
D Employer identification number

13-4921556
E Telephone number

G Gross receipts $ 693,204,492
F Name and address of principal officer:
Laura C Fulton
1701 City Plaza Drive
Spring,TX77389
I
Tax-exempt status: ( 6 ) (insert no.) or
J
Website:
www.eagle.org
H(a)
Is this a group return for
subordinates?
H(b)
Are all subordinates
included?
If "No," attach a list. See instructions.
H(c)
Group exemption number  
K Form of organization:  
L Year of formation: 1862
M State of legal domicile: NY
Part I
Summary
Activities & Governance 1 Briefly describe the organization’s mission or most significant activities: To promote the safety of life and property and to preserve the natural environment.
2 Check this box
3 Number of voting members of the governing body (Part VI, line 1a) ........ 3 12
4 Number of independent voting members of the governing body (Part VI, line 1b) ..... 4 9
5 Total number of individuals employed in calendar year 2024 (Part V, line 2a) ...... 5 1,453
6 Total number of volunteers (estimate if necessary) ............. 6 0
7a Total unrelated business revenue from Part VIII, column (C), line 12 ........ 7a 0
b Net unrelated business taxable income from Form 990-T, Part I, line 11 ......... 7b 0
Revenues Prior Year Current Year
8 Contributions and grants (Part VIII, line 1h) ......... 0 0
9 Program service revenue (Part VIII, line 2g) ......... 477,388,165 468,353,914
10 Investment income (Part VIII, column (A), lines 3, 4, and 7d ) .... 63,405,983 54,374,423
11 Other revenue (Part VIII, column (A), lines 5, 6d, 8c, 9c, 10c, and 11e) 688,454 13,860,142
12 Total revenue—add lines 8 through 11 (must equal Part VIII, column (A), line 12) 541,482,602 536,588,479
Expenses; 13 Grants and similar amounts paid (Part IX, column (A), lines 1–3 )... 3,775,453 1,396,144
14 Benefits paid to or for members (Part IX, column (A), line 4)..... 0 0
15 Salaries, other compensation, employee benefits (Part IX, column (A), lines 5–10) 281,457,502 294,123,846
16a Professional fundraising fees (Part IX, column (A), line 11e) ..... 0 0
b Total fundraising expenses (Part IX, column (D), line 25) 0    
17 Other expenses (Part IX, column (A), lines 11a–11d, 11f–24e).... 194,233,183 219,413,840
18 Total expenses. Add lines 13–17 (must equal Part IX, column (A), line 25) 479,466,138 514,933,830
19 Revenue less expenses. Subtract line 18 from line 12....... 62,016,464 21,654,649
Net Assets or Fund Balances; Beginning of Current Year End of Year
20 Total assets (Part X, line 16)............. 2,119,439,453 2,250,382,108
21 Total liabilities (Part X, line 26)............. 340,182,863 330,657,159
22 Net assets or fund balances. Subtract line 21 from line 20..... 1,779,256,590 1,919,724,949
Part II
Signature Block
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than officer) is based on all information of which preparer has any knowledge.
Sign Here
Signature of officer Date
Type or print name and title
Paid Preparer Use Only
Print/Type preparer's name
Preparer's signature
Date
PTIN
Firm's name

Firm's EIN
Firm's address



Phone no.
May the IRS discuss this return with the preparer shown above? See Instructions. ..........
For Paperwork Reduction Act Notice, see the separate instructions.
Cat. No. 11282Y Form 990 (2024)
Form 990 (2024)
Page 2
Part III
Statement of Program Service Accomplishments
Check if Schedule O contains a response or note to any line in this Part III..............
1
Briefly describe the organization’s mission: 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.
2
Did the organization undertake any significant program services during the year which were not listed on
the prior Form 990 or 990-EZ? .....................
If "Yes," describe these new services on Schedule O.
3
Did the organization cease conducting, or make significant changes in how it conducts, any program
services? ...........................
If "Yes," describe these changes on Schedule O.
4
Describe the organization’s program service accomplishments for each of its three largest program services, as measured by expenses. Section 501(c)(3) and 501(c)(4) organizations are required to report the amount of grants and allocations to others, the total expenses, and revenue, if any, for each program service reported.
4a (Code:   ) (Expenses $   including grants of $   ) (Revenue $   )
As a classification society founded in 1862, the core commitment of ABS has been setting safety standards for the marine and offshore industries. This is achieved through the establishment and application of technical standards, known as Rules, for the design, construction, and operational maintenance of ships and marine related facilities. Classification is the process that certifies adherence to these Rules, comprising technical design review, construction monitoring, and ongoing survey of ships and marine related facilities over their operating life and the maintenance of the ABS Record. These activities are conducted through a network of offices in over 60 countries.Together with classification services, the company provides statutory audit services on behalf of certain regulators and flag state registries in over 100 countries.
4b (Code:   ) (Expenses $   including grants of $   ) (Revenue $   )
4c (Code:   ) (Expenses $   including grants of $   ) (Revenue $   )
4d Other program services (Describe in Schedule O.)
(Expenses $   including grants of $   ) (Revenue $   )
4e Total program service expenses  
Form 990 (2024)
Form 990 (2024)
Page 3
Part IV
Checklist of Required Schedules
Yes
No
1
Is the organization described in section 501(c)(3) or 4947(a)(1) (other than a private foundation)? If "Yes," complete Schedule A.....................
1
 
No
2
Is the organization required to complete Schedule B, Schedule of Contributors? See instructions. ...
2
 
No
3
Did the organization engage in direct or indirect political campaign activities on behalf of or in opposition to candidates for public office? If "Yes," complete Schedule C, Part I.............
3
 
No
4
Section 501(c)(3) organizations. Did the organization engage in lobbying activities, or have a section 501(h) election in effect during the tax year? If "Yes," complete Schedule C, Part II.........
4
 
 
5
Is the organization a section 501(c)(4), 501(c)(5), or 501(c)(6) organization that receives membership dues, assessments, or similar amounts as defined in Rev. Proc. 98-19? If "Yes," complete Schedule C, Part III..
5
 
No
6
Did the organization maintain any donor advised funds or any similar funds or accounts for which donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts? If "Yes," complete Schedule D, Part IClick to see attachment
List of Attached Documents:
// Content
.........................
6
 
No
7
Did the organization receive or hold a conservation easement, including easements to preserve open space,
the environment, historic land areas, or historic structures? If "Yes," complete Schedule D, Part IIClick to see attachment
List of Attached Documents:
// Content
....
7
 
No
8
Did the organization maintain collections of works of art, historical treasures, or other similar assets? If "Yes,"
complete Schedule D, Part IIIClick to see attachment
List of Attached Documents:
// Content
..............
8
 
No
9
Did the organization report an amount in Part X, line 21 for escrow or custodial account liability; serve as a custodian for amounts not listed in Part X; or provide credit counseling, debt management, credit repair, or debt negotiation services? If "Yes," complete Schedule D, Part IVClick to see attachment
List of Attached Documents:
// Content
..............
9
 
No
10
Did the organization, directly or through a related organization, hold assets in temporarily restricted endowments, permanent endowments, or quasi endowments? If "Yes," complete Schedule D, Part V......
10
 
No
11
If the organization’s answer to any of the following questions is "Yes," then complete Schedule D, Parts VI, VII, VIII, IX, or X, as applicable.
a
Did the organization report an amount for land, buildings, and equipment in Part X, line 10? If "Yes," complete
Schedule D, Part VI. Click to see attachment
List of Attached Documents:
// Content
...................
11a
Yes
 
b
Did the organization report an amount for investments—other securities in Part X, line 12 that is 5% or more of its total assets reported in Part X, line 16? If "Yes," complete Schedule D, Part VIIClick to see attachment
List of Attached Documents:
// Content
.......
11b
Yes
 
c
Did the organization report an amount for investments—program related in Part X, line 13 that is 5% or more of its total assets reported in Part X, line 16? If "Yes," complete Schedule D, Part VIIIClick to see attachment
List of Attached Documents:
// Content
.......
11c
 
No
d
Did the organization report an amount for other assets in Part X, line 15 that is 5% or more of its total assets reported in Part X, line 16? If "Yes," complete Schedule D, Part IXClick to see attachment
List of Attached Documents:
// Content
............
11d
Yes
 
e
Did the organization report an amount for other liabilities in Part X, line 25? If "Yes," complete Schedule D, Part XClick to see attachment
List of Attached Documents:
// Content
11e
Yes
 
f
Did the organization’s separate or consolidated financial statements for the tax year include a footnote that addresses the organization’s liability for uncertain tax positions under FIN 48 (ASC 740)? If "Yes," complete Schedule D, Part XClick to see attachment
List of Attached Documents:
// Content
11f
Yes
 
12a
Did the organization obtain separate, independent audited financial statements for the tax year? If "Yes," complete
Schedule D, Parts XI and XIIClick to see attachment
List of Attached Documents:
// Content
......................
12a
Yes
 
b
Was the organization included in consolidated, independent audited financial statements for the tax year? If "Yes," and if the organization answered "No" to line 12a, then completing Schedule D, Parts XI and XII is optional Click to see attachment
List of Attached Documents:
// Content
12b
Yes
 
13
Is the organization a school described in section 170(b)(1)(A)(ii)? If "Yes," complete Schedule E
13
 
No
14a
Did the organization maintain an office, employees, or agents outside of the United States? .....
14a
Yes
 
b
Did the organization have aggregate revenues or expenses of more than $10,000 from grantmaking, fundraising, business, investment, and program service activities outside the United States, or aggregate foreign investments valued at $100,000 or more? If "Yes," complete Schedule F, Parts I and IV.........Click to see attachment
List of Attached Documents:
// Content
14b
Yes
 
15
Did the organization report on Part IX, column (A), line 3, more than $5,000 of grants or other assistance to or for any foreign organization? If “Yes,” complete Schedule F, Parts II and IV.....Click to see attachment
List of Attached Documents:
// Content
15
Yes
 
16
Did the organization report on Part IX, column (A), line 3, more than $5,000 of aggregate grants or other assistance to or for foreign individuals? If “Yes,” complete Schedule F, Parts III and IV...Click to see attachment
List of Attached Documents:
// Content
16
Yes
 
17
Did the organization report a total of more than $15,000 of expenses for professional fundraising services on Part IX, column (A), lines 6 and 11e? If "Yes," complete Schedule G, Part I. See instructions. ....
17
 
No
18
Did the organization report more than $15,000 total of fundraising event gross income and contributions on Part VIII, lines 1c and 8a? If "Yes," complete Schedule G, Part II............
18
 
No
19
Did the organization report more than $15,000 of gross income from gaming activities on Part VIII, line 9a? If "Yes," complete Schedule G, Part III...................
19
 
No
20a
Did the organization operate one or more hospital facilities? If "Yes," complete Schedule H....
20a
 
No
b
If "Yes" to line 20a, did the organization attach a copy of its audited financial statements to this return?
20b
 
 
21
Did the organization report more than $5,000 of grants or other assistance to any domestic organization or domestic government on Part IX, column (A), line 1? If “Yes,” complete Schedule I, Parts I and II.....Click to see attachment
List of Attached Documents:
// Content
21
Yes
 
Form 990 (2024)
Form 990 (2024)
Page 4
Part IV
Checklist of Required Schedules (continued)
Yes
No
22
Did the organization report more than $5,000 of grants or other assistance to or for domestic individuals on Part IX, column (A), line 2? If “Yes,” complete Schedule I, Parts I and III........Click to see attachment
List of Attached Documents:
// Content
22
Yes
 
23
Did the organization answer "Yes" to Part VII, Section A, line 3, 4, or 5, about compensation of the organization’s current and former officers, directors, trustees, key employees, and highest compensated employees? If "Yes," complete Schedule J....................... Click to see attachment
List of Attached Documents:
// Content
23
Yes
 
24a
Did the organization have a tax-exempt bond issue with an outstanding principal amount of more than $100,000 as of the last day of the year, that was issued after December 31, 2002? If “Yes,” answer lines 24b through 24d and complete Schedule K. If “No,” go to line 25a...............
24a
 
No
b
Did the organization invest any proceeds of tax-exempt bonds beyond a temporary period exception?...
24b
 
 
c
Did the organization maintain an escrow account other than a refunding escrow at any time during the year
to defease any tax-exempt bonds? ...............
24c
 
 
d
Did the organization act as an "on behalf of" issuer for bonds outstanding at any time during the year?...
24d
 
 
25a
Section 501(c)(3), 501(c)(4), and 501(c)(29) organizations. Did the organization engage in an excess benefit transaction with a disqualified person during the year? If "Yes," complete Schedule L, Part I ....
25a
 
 
b
Is the organization aware that it engaged in an excess benefit transaction with a disqualified person in a prior year, and that the transaction has not been reported on any of the organization’s prior Forms 990 or 990-EZ? If "Yes," complete Schedule L, Part I.......................
25b
 
 
26
Did the organization report any amount on Part X, line 5 or 22 for receivables from or payables to any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or 35% controlled entity or family member of any of these persons? If "Yes," complete Schedule L, Part IIClick to see attachment
List of Attached Documents:
// Content
...........
26
 
No
27
Did the organization provide a grant or other assistance to any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or employee thereof, a grant selection committee member, or to a 35% controlled entity (including an employee thereof) or family member of any of these persons?
If "Yes," complete
Schedule L, Part IIIClick to see attachment
List of Attached Documents:
// Content
.........................
27
 
No
28
Was the organization a party to a business transaction with one of the following parties (see the Schedule L, Part IV instructions for applicable filing thresholds, conditions, and exceptions):
a
A current or former officer, director, trustee, key employee, creator or founder, or substantial contributor? If "Yes," complete Schedule L, Part IV......................Click to see attachment
List of Attached Documents:
// Content
28a
Yes
 
b
A family member of any individual described in line 28a? If "Yes," complete Schedule L, Part IV.....Click to see attachment
List of Attached Documents:
// Content
28b
 
No
c
A 35% controlled entity of one or more individuals and/or organizations described in line 28a or 28b? If "Yes," complete Schedule L, Part IV.....................
28c
Yes
 
29
Did the organization receive more than $25,000 in non-cash contributions? If "Yes," complete Schedule M..
29
 
No
30
Did the organization receive contributions of art, historical treasures, or other similar assets, or qualified conservation contributions? If "Yes," complete Schedule M .................
30
 
No
31
Did the organization liquidate, terminate, or dissolve and cease operations? If "Yes," complete Schedule N, Part I
31
 
No
32
Did the organization sell, exchange, dispose of, or transfer more than 25% of its net assets? If "Yes," complete Schedule N, Part II........................
32
 
No
33
Did the organization own 100% of an entity disregarded as separate from the organization under Regulations sections 301.7701-2 and 301.7701-3? If "Yes," complete Schedule R, Part I............Click to see attachment
List of Attached Documents:
// Content
33
 
No
34
Was the organization related to any tax-exempt or taxable entity? If "Yes," complete Schedule R, Part II, III, or IV, and Part V, line 1.........................Click to see attachment
List of Attached Documents:
// Content
34
Yes
 
35a
Did the organization have a controlled entity within the meaning of section 512(b)(13)?
35a
Yes
 
b
If ‘Yes’ to line 35a, did the organization receive any payment from or engage in any transaction with a controlled entity within the meaning of section 512(b)(13)? If "Yes," complete Schedule R, Part V, line 2 ...Click to see attachment
List of Attached Documents:
// Content
35b
Yes
 
36
Section 501(c)(3) organizations. Did the organization make any transfers to an exempt non-charitable related organization? If "Yes," complete Schedule R, Part V, line 2.............
36
 
 
37
Did the organization conduct more than 5% of its activities through an entity that is not a related organization and that is treated as a partnership for federal income tax purposes? If "Yes," complete Schedule R, Part VIClick to see attachment
List of Attached Documents:
// Content
37
 
No
38
Did the organization complete Schedule O and provide explanations on Schedule O for Part VI, lines 11b and 19? Note. All Form 990 filers are required to complete Schedule O. ............
38
Yes
 
Part V
Statements Regarding Other IRS Filings and Tax Compliance
Check if Schedule O contains a response or note to any line in this Part V...........
Yes
No
1a
Enter the number reported in box 3 of Form 1096. Enter -0- if not applicable ..
1a
135
b
Enter the number of Forms W-2G included on line 1a. Enter -0- if not applicable .
1b
0
c
Did the organization comply with backup withholding rules for reportable payments to vendors and reportable gaming (gambling) winnings to prize winners? ..................
1c
 
 
Form 990 (2024)
Form 990 (2024)
Page 5
Part V
Statements Regarding Other IRS Filings and Tax Compliance (continued)
2a
Enter the number of employees reported on Form W-3, Transmittal of Wage and
Tax Statements, filed for the calendar year ending with or within the year covered by this return ..................
2a
1,453
b
If at least one is reported on line 2a, did the organization file all required federal employment tax returns?
2b
Yes
 
3a
Did the organization have unrelated business gross income of $1,000 or more during the year?...
3a
 
No
b
If “Yes,” has it filed a Form 990-T for this year? If “No” to line 3b, provide an explanation in Schedule O...
3b
 
 
4a
At any time during the calendar year, did the organization have an interest in, or a signature or other authority over, a financial account in a foreign country (such as a bank account, securities account, or other financial account)? ..
4a
Yes
 
b
If "Yes," enter the name of the foreign country: AO , AR , AS , BA , BE , BR , BX , CM , CA , CI , CH , CO , HR , CY , EZ , DA , EC , EG , FI , FR , GM , GH , GR , GQ , HK , IN , ID , IT , JA , KS , MY , MT , MX , WA , NL , NZ , NI , NO , MU , PM , PE , RP , PL , PO , QA , RO , SA , SN , SF , SP , CE , SW , TW , TH , TD , TU , UK , AE , UY , UP , VM
See instructions for filing requirements for FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR).
5a
Was the organization a party to a prohibited tax shelter transaction at any time during the tax year? ..
5a
 
No
b
Did any taxable party notify the organization that it was or is a party to a prohibited tax shelter transaction?
5b
 
No
c
If "Yes," to line 5a or 5b, did the organization file Form 8886-T? ............
5c
 
 
6a
Does the organization have annual gross receipts that are normally greater than $100,000, and did the organization solicit any contributions that were not tax deductible as charitable contributions? ...
6a
 
No
b
If "Yes," did the organization include with every solicitation an express statement that such contributions or gifts were not tax deductible? ......................
6b
 
 
7
Organizations that may receive deductible contributions under section 170(c).
a
Did the organization receive a payment in excess of $75 made partly as a contribution and partly for goods and services provided to the payor? ....................
7a
 
 
b
If "Yes," did the organization notify the donor of the value of the goods or services provided? .....
7b
 
 
c
Did the organization sell, exchange, or otherwise dispose of tangible personal property for which it was required to file Form 8282? .........................
7c
 
 
d
If "Yes," indicate the number of Forms 8282 filed during the year ....
7d
 
e
Did the organization receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?
7e
 
 
f
Did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ..
7f
 
 
g
If the organization received a contribution of qualified intellectual property, did the organization file Form 8899 as required? ......................
7g
 
 
h
If the organization received a contribution of cars, boats, airplanes, or other vehicles, did the organization file a Form 1098-C? ..........................
7h
 
 
8
Sponsoring organizations maintaining donor advised funds. Did a donor advised fund maintained by the sponsoring organization have excess business holdings at any time during the year? ........
8
 
 
9
Sponsoring organizations maintaining donor advised funds.
a
Did the sponsoring organization make any taxable distributions under section 4966?........
9a
 
 
b
Did the sponsoring organization make a distribution to a donor, donor advisor, or related person?...
9b
 
 
10
Section 501(c)(7) organizations. Enter:
a
Initiation fees and capital contributions included on Part VIII, line 12 ...
10a
 
b
Gross receipts, included on Form 990, Part VIII, line 12, for public use of club facilities
10b
 
11
Section 501(c)(12) organizations. Enter:
a
Gross income from members or shareholders .........
11a
 
b
Gross income from other sources. (Do not net amounts due or paid to other sources against amounts due or received from them.) ..........
11b
 
12a
Section 4947(a)(1) non-exempt charitable trusts. Is the organization filing Form 990 in lieu of Form 1041?
12a
 
 
b
If "Yes," enter the amount of tax-exempt interest received or accrued during the year.
12b
 
13
Section 501(c)(29) qualified nonprofit health insurance issuers.
a
Is the organization licensed to issue qualified health plans in more than one state? .........
Note. See the instructions for additional information the organization must report on Schedule O.
13a
 
 
b
Enter the amount of reserves the organization is required to maintain by the states in which the organization is licensed to issue qualified health plans ....
13b
 
c
Enter the amount of reserves on hand ............
13c
 
14a
Did the organization receive any payments for indoor tanning services during the tax year?.....
14a
 
No
b
If "Yes," has it filed a Form 720 to report these payments? If "No," provide an explanation in Schedule O..
14b
 
 
15
Is the organization subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or excess parachute payment(s) during the year? ....................
If "Yes," see the instructions and file Form 4720, Schedule N.
15
Yes
 
16
Is the organization an educational institution subject to the section 4968 excise tax on net investment income? ..
If "Yes," complete Form 4720, Schedule O.
16
 
No
17
Section 501(c)(21) organizations. Did the trust, or any disqualified or other person engage in any activities that would result in the imposition of an excise tax under section 4951, 4952, or 4953? ..
If "Yes," complete Form 6069.
17
 
 
Form 990 (2024)
Form 990 (2024)
Page 6
Part VI
Governance, Management, and Disclosure. For each "Yes" response to lines 2 through 7b below, and for a "No" response to lines 8a, 8b, or 10b below, describe the circumstances, processes, or changes in Schedule O. See instructions.
Check if Schedule O contains a response or note to any line in this Part VI..............
Section A. Governing Body and Management
Yes
No
1a
Enter the number of voting members of the governing body at the end of the tax year
1a
12
If there are material differences in voting rights among members of the governing body, or if the governing body delegated broad authority to an executive committee or similar committee, explain in Schedule O.
b
Enter the number of voting members included in line 1a, above, who are independent
1b
9
2
Did any officer, director, trustee, or key employee have a family relationship or a business relationship with any other officer, director, trustee, or key employee? .................
2
 
No
3
Did the organization delegate control over management duties customarily performed by or under the direct supervision of officers, directors or trustees, or key employees to a management company or other person? .
3
 
No
4
Did the organization make any significant changes to its governing documents since the prior Form 990 was filed? .
4
 
No
5
Did the organization become aware during the year of a significant diversion of the organization’s assets? .
5
 
No
6
Did the organization have members or stockholders? ................
6
Yes
 
7a
Did the organization have members, stockholders, or other persons who had the power to elect or appoint one or more members of the governing body? ....................
7a
Yes
 
b
Are any governance decisions of the organization reserved to (or subject to approval by) members, stockholders, or persons other than the governing body? ...................
7b
Yes
 
8
Did the organization contemporaneously document the meetings held or written actions undertaken during the year by the following:
a
The governing body? .......................
8a
Yes
 
b
Each committee with authority to act on behalf of the governing body? ............
8b
Yes
 
9
Is there any officer, director, trustee, or key employee listed in Part VII, Section A, who cannot be reached at the organization’s mailing address? If "Yes," provide the names and addresses in Schedule O.......
9
 
No
Section B. Policies (This Section B requests information about policies not required by the Internal Revenue Code.)
Yes
No
10a
Did the organization have local chapters, branches, or affiliates? ............
10a
Yes
 
b
If "Yes," did the organization have written policies and procedures governing the activities of such chapters, affiliates, and branches to ensure their operations are consistent with the organization's exempt purposes?
10b
Yes
 
11a
Has the organization provided a complete copy of this Form 990 to all members of its governing body before filing the form? ............................
11a
Yes
 
b
Describe on Schedule O the process, if any, used by the organization to review this Form 990. .....
12a
Did the organization have a written conflict of interest policy? If "No," go to line 13.......
12a
Yes
 
b
Were officers, directors, or trustees, and key employees required to disclose annually interests that could give rise to conflicts? ..........................
12b
Yes
 
c
Did the organization regularly and consistently monitor and enforce compliance with the policy? If "Yes," describe on Schedule O how this was done...................
12c
Yes
 
13
Did the organization have a written whistleblower policy? ...............
13
Yes
 
14
Did the organization have a written document retention and destruction policy? .........
14
Yes
 
15
Did the process for determining compensation of the following persons include a review and approval by independent persons, comparability data, and contemporaneous substantiation of the deliberation and decision?
a
The organization’s CEO, Executive Director, or top management official ...........
15a
Yes
 
b
Other officers or key employees of the organization ................
15b
Yes
 
If "Yes" to line 15a or 15b, describe the process on Schedule O. See instructions.
16a
Did the organization invest in, contribute assets to, or participate in a joint venture or similar arrangement with a taxable entity during the year? ......................
16a
Yes
 
b
If "Yes," did the organization follow a written policy or procedure requiring the organization to evaluate its participation in joint venture arrangements under applicable federal tax law, and take steps to safeguard the organization’s exempt status with respect to such arrangements? ............
16b
Yes
 
Section C. Disclosure
17
List the states with which a copy of this Form 990 is required to be filed
CA
18
Section 6104 requires an organization to make its Form 1023 (1024 or 1024-A, if applicable), 990, and 990-T (section 501(c)(3)s only) available for public inspection. Indicate how you made these available. Check all that apply.
19
Describe in Schedule O whether (and if so, how) the organization made its governing documents, conflict of interest policy, and financial statements available to the public during the tax year.
20
State the name, address, and telephone number of the person who possesses the organization's books and records:
Laura C Fulton1701 City Plaza Drive   Spring,TX77389 (281) 877-6000
Form 990 (2024)
Form 990 (2024)
Page 7
Part VII
Compensation of Officers, Directors,Trustees, Key Employees, Highest Compensated Employees, and Independent Contractors
Check if Schedule O contains a response or note to any line in this Part VII..............
Section A. Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees
1a Complete this table for all persons required to be listed. Report compensation for the calendar year ending with or within the organization’s tax year.
RoundBullet List all of the organization’s current officers, directors, trustees (whether individuals or organizations), regardless of amount
of compensation. Enter -0- in columns (D), (E), and (F) if no compensation was paid.

RoundBullet List all of the organization’s current key employees, if any. See the instructions for definition of "key employee."
RoundBullet List the organization’s five current highest compensated employees (other than an officer, director, trustee or key employee)
who received reportable compensation (box 5 of Form W-2, box 6 of Form 1099-MISC, and/or box 1 of Form 1099-NEC) of more than $100,000 from the organization and any related organizations.

RoundBullet List all of the organization’s former officers, key employees, or highest compensated employees who received more than $100,000
of reportable compensation from the organization and any related organizations.

RoundBullet List all of the organization’s former directors or trustees that received, in the capacity as a former director or trustee of the
organization, more than $10,000 of reportable compensation from the organization and any related organizations.

See the instructions for the order in which to list the persons above.
Check this box if neither the organization nor any related organization compensated any current officer, director, or trustee.
(A)
Name and title 		(B)
Average hours per week (list any hours for related organizations below dotted line) 		(C)
Position (do not check more than one box, unless person is both an officer and a director/trustee) 		(D)
Reportable compensation from the organization (W-2/1099-MISC/1099-NEC) 		(E)
Reportable compensation from related organizations (W-2/1099-MISC/1099-NEC) 		(F)
Estimated amount of other compensation from the organization and related organizations
Individual Trustee or Director; Institutional Trustee; OfficerInd; Key Employee; Highest compensated employee; FormerOfcrDirectorTrusteeInd;
(1) Christopher J Wiernicki......................................................................
Chairman and CEO
 40.00
.................
  		X   X       2,803,152 0 175,444
(2) John P McDonald......................................................................
President and Chief Operating Officer (COO)
 40.00
.................
  		X   X       1,147,279 0 1,132,398
(3) David W Grzebinski......................................................................
Director
 1.00
.................
  		X           210,000 0 0
(4) Craig H Stevenson Jr......................................................................
Director
 1.00
.................
  		X           210,000 0 0
(5) Elizabeth D Whitaker......................................................................
Director
 1.00
.................
  		X           210,000 0 0
(6) Louis A Raspino Jr......................................................................
Director
 1.00
.................
  		X           200,000 0 0
(7) Michael L Carthew......................................................................
Director
 1.00
.................
  		X           230,000 0 0
(8) Phillip J Shapiro......................................................................
Director
 1.00
.................
  		X           210,000 0 0
(9) William E Jenkins......................................................................
Director
 1.00
.................
  		X           215,000 0 0
(10) Susan K Neely......................................................................
Director
 1.00
.................
  		X           200,000 0 0
(11) Darryl K Willis......................................................................
Director
 1.00
.................
  		X           200,000 0 0
(12) Mark H Ross......................................................................
Director
 1.00
.................
  		X           100,000 0 0
(13) Robert G Clyne......................................................................
EVP General Counsel & Secretary
 40.00
.................
  		    X       1,060,198 0 143,044
(14) Derek S Novak......................................................................
VP & Chief Engineer
 40.00
.................
  		    X       494,650 0 228,499
(15) Laura C Fulton......................................................................
SVP & Chief Financial Officer (CFO)
 40.00
.................
  		    X       1,020,305 0 395,932
(16) Adam W Moilanen......................................................................
VP & Chief Surveyor
 40.00
.................
  		    X       532,010 0 373,672
(17) Chuck Raymond Kemper......................................................................
SVP & Chief Human Resources Officer
 40.00
.................
  		    X       644,050 0 136,459
Form 990 (2024)
Form 990 (2024)
Page 8
Part VII
Section A. Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees (continued)
(A)
Name and title 		(B)
Average hours per week (list any hours for related organizations below dotted line) 		(C)
Position (do not check more than one box, unless person is both an officer and a director/trustee) 		(D)
Reportable compensation from the organization (W-2/1099-MISC/1099-NEC) 		(E)
Reportable compensation from related organizations (W-2/1099-MISC/1099-NEC) 		(F)
Estimated amount of other compensation from the organization and related organizations
Individual Trustee or Director; Institutional Trustee; OfficerInd; Key Employee; Highest compensated employee; FormerOfcrDirectorTrusteeInd;
(18) Kara Pelecky........................................................................
SVP & Chief Information Officer (CIO)
 40.00
.......................   		    X       711,643 0 31,482
(19) Patrick J Ryan........................................................................
SVP & Chief Technology Officer (CTO)
 40.00
.......................   		    X       577,329 0 147,201
(20) Jessica Mahaffey........................................................................
SVP & Chief Marketing Officer (CMO)
 40.00
.......................   		    X       523,812 0 188,928
(21) Miguel Hernandez........................................................................
SVP, Global Offshore Market
 40.00
.......................   		      X     533,892 0 26,273
(22) Annisa Lyvers........................................................................
VP - Data and Analytics
 40.00
.......................   		      X     335,534 0 6,048
(23) Arinjit Roy........................................................................
SVP - Pacific & MEA Operations
 40.00
.......................   		      X     729,637 0 25,144
(24) Joshua Lavire........................................................................
VP, Health, Safety, Quality and Environment (HSQE)
 40.00
.......................   		      X     306,637 0 31,482
(25) Bruce Baffer........................................................................
SVP, Global Government Services
 40.00
.......................   		      X     445,759 0 30,500
(26) Joshua Divin........................................................................
SVP - Western Operations
 40.00
.......................   		      X     324,014 0 31,482
(27) Paul Karam........................................................................
VP, Operations - Greater China Region
 40.00
.......................   		      X     735,124 0 25,144
(28) Gareth C Burton........................................................................
SVP, Global Engineering
 40.00
.......................   		      X     320,347 0 0
(29) Andrew Lipman........................................................................
Director, Projects, Offshore GC Regional Operation
 40.00
.......................   		        X   626,485 0 0
(30) Tommy Nguyen........................................................................
Director, Business Development Global Offshore - S
 40.00
.......................   		        X   608,452 0 0
(31) Ben Ford........................................................................
Surveyor III, Senior * CN Shanghai Port (MLO)
 40.00
.......................   		        X   591,901 0 0
(32) Bhattacharya Sandipan........................................................................
Vice President, Application Development (no longer
 40.00
.......................   		        X   415,909 0 0
(33) Johnny M Garrett Jr........................................................................
Vice President, Regional Operations * Southern Pac
 40.00
.......................   		        X   594,721 0 0
(34) Eric C Kleess........................................................................
Former Senior VP - Eastern Hemisphere
 40.00
.......................   		          X 181,593 0 0
(35) Matthew D Tremblay........................................................................
Former Senior VP, Global Offshore Markets
 40.00
.......................   		          X 404,048 0 31,482
(36) Richard D Pride........................................................................
Former Senior VP - Western Hemisphere
 40.00
.......................   		          X 321,532 0 4,229
1b Sub-Total..............
c Total from continuation sheets to Part VII, Section A..
d Total (add lines 1b and 1c)......... 18,975,013 0 3,164,843
2
Total number of individuals (including but not limited to those listed above) who received more than $100,000 of reportable compensation from the organization 628
Yes
No
3
Did the organization list any former officer, director or trustee, key employee, or highest compensated employee on line 1a? If "Yes," complete Schedule J for such individual ..............
3
Yes
 
4
For any individual listed on line 1a, is the sum of reportable compensation and other compensation from the organization and related organizations greater than $150,000? If "Yes," complete Schedule J for such
individual...........................
4
Yes
 
5
Did any person listed on line 1a receive or accrue compensation from any unrelated organization or individual for services rendered to the organization? If "Yes," complete Schedule J for such person ........
5
 
No
Section B. Independent Contractors
1
Complete this table for your five highest compensated independent contractors that received more than $100,000 of compensation from the organization. Report compensation for the calendar year ending with or within the organization’s tax year.
(A)
Name and business address 		(B)
Description of services 		(C)
Compensation
ALTAIR GLOBAL SERVICES LLC

3201 Dallas Parkway Suite 1200
Frisco,TX75034 		Mobility Services 2,706,331
SYSTEM ONE HOLDINGS LLC

210 Sixth Avenue
Pittsburgh,PA15222 		Professional Services 2,474,207
DELOITTE CONSULTING LLP

1111 Bagby Street Suite 400
Houston,TX770022591 		Professional Services Rendered 2,052,050
CYBERONE LLC

6851 Communications Parkway
Plano,TX75024 		Professional Services Rendered 1,297,123
DELOITTE TAX LLP

1111 Bagby Street Suite 400
Houston,TX770022591 		Professional Services Rendered 1,166,610
2
Total number of independent contractors (including but not limited to those listed above) who received more than $100,000 of compensation from the organization 41
Form 990 (2024)
Form 990 (2024)
Page 9
Part VIII
Statement of Revenue
Check if Schedule O contains a response or note to any line in this Part VIII.............
(A)
Total revenue 		(B)
Related or
exempt
function
revenue 		(C)
Unrelated
business
revenue 		(D)
Revenue
excluded from
tax under sections
512 - 514
Contributions, Gifts, Grants, and OtherAmt Similar Amounts 1a Federated campaigns..1a  
b Membership dues..1b  
c Fundraising events..1c  
d Related organizations1d  
e Government grants (contributions)1e  
f All other contributions, gifts, grants, and similar amounts not included above1f  
g Noncash contributions included in lines 1a - 1f:$ 1g  
h Total. Add lines 1a-1f.......  
Program Service RevenueAmt Business Code
2a Classification, Certif 541900 468,353,914 468,353,914    
b
c
d
e
f All other program service revenue.        
g Total. Add lines 2a–2f ..... 468,353,914
OtherAmtRevenueAmt 3 Investment income (including dividends, interest, and othersimilar amounts) ...... 33,162,390     33,162,390
4 Income from investment of tax-exempt bond proceeds        
5 Royalties...........        
(i) Real (ii) Personal
6a Gross rents 6a    
b Less: rental expenses 6b    
c Rental income or (loss) 6c    
d Net rental income or (loss).......        
(i) Securities (ii) Other
7a Gross amount from sales of assets other than inventory 7a 177,828,046  
b Less: cost or other basis and sales expenses 7b 156,616,013  
c Gain or (loss) 7c 21,212,033  
d Net gain or (loss)......... 21,212,033 21,212,033    
8a Gross income from fundraising events (not including $   of contributions reported on line 1c). See Part IV, line 18 ....
8a  
b Less: direct expenses ... 8b  
c Net income or (loss) from fundraising events..      
9a Gross income from gaming activities.
See Part IV, line 19 ...
9a  
b Less: direct expenses ... 9b  
c Net income or (loss) from gaming activities..        
10a Gross sales of inventory, less
returns and allowances ..
10a  
b Less: cost of goods sold .. 10b  
c Net income or (loss) from sales of inventory..        
OtherRevenueMiscAmt
Business Code
11a Exchange Gains 541900 13,243,050 13,243,050    
b Other Income 541900 617,092 617,092    
c            
d All other revenue ....        
e Total. Add lines 11a–11d ...... 13,860,142
12 Total revenue. See instructions..... 536,588,479 503,426,089 0 33,162,390
Form 990 (2024)
Form 990 (2024)
Page 10
Part IX
Statement of Functional Expenses
Section 501(c)(3) and 501(c)(4) organizations must complete all columns. All other organizations must complete column (A).Check if Schedule O contains a response or note to any line in this Part IX..............
Do not include amounts reported on lines 6b,
7b, 8b, 9b, and 10b of Part VIII. 		(A)
Total expenses 		(B)
Program service expenses 		(C)
Management and general expenses 		(D)
Fundraising
expenses
1 Grants and other assistance to domestic organizations and domestic governments. See Part IV, line 21 .... 1,031,273  
2 Grants and other assistance to domestic individuals. See Part IV, line 22 ........... 5,000  
3 Grants and other assistance to foreign organizations, foreign governments, and foreign individuals. See Part IV, lines 15 and 16. ............. 359,871  
4 Benefits paid to or for members .......    
5 Compensation of current officers, directors, trustees, and key employees ........... 22,139,853      
6 Compensation not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B) .........        
7 Other salaries and wages........ 214,004,148      
8 Pension plan accruals and contributions (include section 401(k) and 403(b) employer contributions) .... 13,482,947      
9 Other employee benefits ....... 29,225,914      
10 Payroll taxes ........... 15,270,984      
11 Fees for services (non-employees):        
a Management ......        
b Legal ......... 1,542,679      
c Accounting ........... 2,163,688      
d Lobbying ........... 68,121      
e Professional fundraising services. See Part IV, line 17    
f Investment management fees ...... 4,749,750      
g Other (If line 11g amount exceeds 10% of line 25, column (A) amount, list line 11g expenses on Schedule O) 55,859,956      
12 Advertising and promotion .... 485,847      
13 Office expenses ....... 1,832,415      
14 Information technology ......        
15 Royalties ..        
16 Occupancy ........... 16,168,796      
17 Travel ............ 13,297,108      
18 Payments of travel or entertainment expenses for any federal, state, or local public officials .        
19 Conferences, conventions, and meetings .... 3,833,223      
20 Interest ........... 299,741      
21 Payments to affiliates ....... 46,709,313      
22 Depreciation, depletion, and amortization .. 14,636,214      
23 Insurance ... 14,936,067      
24 Other expenses. Itemize expenses not covered above (List miscellaneous expenses in line 24e. If line 24e amount exceeds 10% of line 25, column (A) amount, list line 24e expenses on Schedule O.)
a Systems & Telecommunica 28,444,425      
b Taxes 19,498,119      
c Employee Related 19,115,972      
d Reimburseable Expenses 5,528,719      
e All other expenses -29,756,313      
25 Total functional expenses. Add lines 1 through 24e 514,933,830      
26 Joint costs. Complete this line only if the organization reported in column (B) joint costs from a combined educational campaign and fundraising solicitation. Check here if following SOP 98-2 (ASC 958-720).        
Form 990 (2024)
Form 990 (2024)
Page 11
Part X
Balance Sheet
Check if Schedule O contains a response or note to any line in this Part IX..............
(A)
Beginning of year 		(B)
End of year
Assets 1 Cash–non-interest-bearing ........   1  
2 Savings and temporary cash investments ......... 81,537,118 2 99,752,350
3 Pledges and grants receivable, net ......   3  
4 Accounts receivable, net ............. 193,618,755 4 158,660,104
5 Loans and other receivables from any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or 35% controlled entity or family member of any of these persons .......
  5  
6 Loans and other receivables from other disqualified persons (as defined under section 4958(f)(1)), and persons described in section 4958(c)(3)(B) ...
  6  
7 Notes and loans receivable, net ...........   7  
8 Inventories for sale or use ............   8  
9 Prepaid expenses and deferred charges ...... 25,779,037 9 29,786,423
10a Land, buildings, and equipment: cost or other basis. Complete Part VI of Schedule D 10a 67,920,145
b Less: accumulated depreciation 10b 35,504,577 35,908,074 10c 32,415,568
11 Investments—publicly traded securities . 1,317,056,327 11 1,417,897,865
12 Investments—other securities. See Part IV, line 11 ..... 186,434,702 12 186,409,619
13 Investments—program-related. See Part IV, line 11 ..   13  
14 Intangible assets ...............   14  
15 Other assets. See Part IV, line 11 ........... 279,105,440 15 325,460,179
16 Total assets. Add lines 1 through 15 (must equal line 33)... 2,119,439,453 16 2,250,382,108
Liabilities 17 Accounts payable and accrued expenses ..... 63,313,359 17 67,468,411
18 Grants payable ...   18  
19 Deferred revenue ......... 100,439,699 19 96,727,361
20 Tax-exempt bond liabilities .........   20  
21 Escrow or custodial account liability. Complete Part IV of Schedule D   21  
22 Loans and other payables to any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or 35% controlled entity or family member of any of these persons .........
  22  
23 Secured mortgages and notes payable to unrelated third parties ..   23  
24 Unsecured notes and loans payable to unrelated third parties ..   24  
25 Other liabilities (including federal income tax, payables to related third parties, and other liabilities not included on lines 17 - 24). Complete Part X of Schedule D 176,429,805 25 166,461,387
26 Total liabilities. Add lines 17 through 25.. 340,182,863 26 330,657,159
Net Assets or Fund Balance Organizations that follow FASB ASC 958, check here and complete lines 27, 28, 32, and 33.
27 Net assets without donor restrictions ..........   27  
28 Net assets with donor restrictions ...........   28  
Organizations that do not follow FASB ASC 958, check here right arrow and complete lines 29 through 33.
29 Capital stock or trust principal, or current funds ..... 1,779,256,590 29 1,919,724,949
30 Paid-in or capital surplus, or land, building or equipment fund ... 0 30 0
31 Retained earnings, endowment, accumulated income, or other funds 0 31 0
32 Total net assets or fund balances ........... 1,779,256,590 32 1,919,724,949
33 Total liabilities and net assets/fund balances ........ 2,119,439,453 33 2,250,382,108
Form 990 (2024)
Form 990 (2024)
Page 12
Part XI
Reconcilliation of Net Assets
Check if Schedule O contains a response or note to any line in this Part XI..............
1
Total revenue (must equal Part VIII, column (A), line 12) ............
1
536,588,479
2
Total expenses (must equal Part IX, column (A), line 25) ............
2
514,933,830
3
Revenue less expenses. Subtract line 2 from line 1 ..............
3
21,654,649
4
Net assets or fund balances at beginning of year (must equal Part X, line 32, column (A)) ..
4
1,779,256,590
5
Net unrealized gains (losses) on investments ...............
5
78,214,991
6
Donated services and use of facilities .................
6
 
7
Investment expenses .....................
7
 
8
Prior period adjustments .....................
8
 
9
Other changes in net assets or fund balances (explain in Schedule O) ........
9
40,598,719
10
Net assets or fund balances at end of year. Combine lines 3 through 9 (must equal Part X, line 32, column (B))
10
1,919,724,949
Part XII
Financial Statements and Reporting
Check if Schedule O contains a response or note to any line in this Part XII.............
Yes
No
1
Accounting method used to prepare the Form 990:  
If the organization changed its method of accounting from a prior year or checked "Other," explain on
Schedule O.
2a
Were the organization’s financial statements compiled or reviewed by an independent accountant?
2a
 
No
If ‘Yes,’ check a box below to indicate whether the financial statements for the year were compiled or reviewed on a separate basis, consolidated basis, or both:
b
Were the organization’s financial statements audited by an independent accountant?
2b
Yes
 
If ‘Yes,’ check a box below to indicate whether the financial statements for the year were audited on a separate basis, consolidated basis, or both:
c
If "Yes," to line 2a or 2b, does the organization have a committee that assumes responsibility for oversight of the audit, review, or compilation of its financial statements and selection of an independent accountant?
2c
Yes
 
If the organization changed either its oversight process or selection process during the tax year, explain in Schedule O.
3a
As a result of a federal award, was the organization required to undergo an audit or audits as set forth in the Uniform Guidance, 2 C.F.R. Part 200, Subpart F?
3a
Yes
 
b
If "Yes," did the organization undergo the required audit or audits? If the organization did not undergo the required audit or audits, explain why in Schedule O and describe any steps taken to undergo such audits.
3b
Yes
 
Form 990 (2024)
Form 990 (2024)
Additional Data


Software ID:  
Software Version:  
Form 990, Special Condition Description:
Special Condition Description
SCHEDULE D
(Form 990)

Department of the Treasury
Internal Revenue Service
Supplemental Financial Statements
right arrow Complete if the organization answered "Yes," on Form 990,
Part IV, line 6, 7, 8, 9, 10, 11a, 11b, 11c, 11d, 11e, 11f, 12a, or 12b.
right arrow Attach to Form 990.
right arrow Go to www.irs.gov/Form990 for instructions and the latest information.
OMB No. 1545-0047
Open to Public Inspection
Name of the organization
American Bureau of Shipping
 
Employer identification number

13-4921556
Part I
Organizations Maintaining Donor Advised Funds or Other Similar Funds or Accounts. Complete if the organization answered "Yes" on Form 990, Part IV, line 6.
(a) Donor advised funds (b) Funds and other accounts
1 Total number at end of year .........    
2 Aggregate value of contributions to (during year)    
3 Aggregate value of grants from (during year)    
4 Aggregate value at end of year ........    
5
Did the organization inform all donors and donor advisors in writing that the assets held in donor advised funds are the organization’s property, subject to the organization’s exclusive legal control? ............
6
Did the organization inform all grantees, donors, and donor advisors in writing that grant funds can be used only for charitable purposes and not for the benefit of the donor or donor advisor, or for any other purpose conferring impermissible private benefit? ...................................
Part II
Conservation Easements.
Complete if the organization answered "Yes" on Form 990, Part IV, line 7.
1
Purpose(s) of conservation easements held by the organization (check all that apply).
2
Complete lines 2a through 2d if the organization held a qualified conservation contribution in the form of a conservation easement on the last day of the tax year.
Held at the End of the Year
a Total number of conservation easements ...................... 2a  
b Total acreage restricted by conservation easements .................... 2b  
c Number of conservation easements on a certified historic structure included in (a) ..... 2c  
d Number of conservation easements included in (c) acquired after July 25, 2006, and not on a historic structure listed in the National Register ... 2d  
3
Number of conservation easements modified, transferred, released, extinguished, or terminated by the organization during the
tax year right arrow  
4
Number of states where property subject to conservation easement is located right arrow  
5
Does the organization have a written policy regarding the periodic monitoring, inspection, handling of violations, and enforcement of the conservation easements it holds? ............
6
Staff and volunteer hours devoted to monitoring, inspecting, handling of violations, and enforcing conservation easements during the year
right arrow  
7
Amount of expenses incurred in monitoring, inspecting, handling of violations, and enforcing conservation easements during the year
right arrow $  
8
Does each conservation easement reported on line 2(d) above satisfy the requirements of section 170(h)(4)(B)(i) and section 170(h)(4)(B)(ii)? .............................
9
In Part XIII, describe how the organization reports conservation easements in its revenue and expense statement, and
balance sheet, and include, if applicable, the text of the footnote to the organization’s financial statements that describes
the organization’s accounting for conservation easements.
Part III
Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets.
Complete if the organization answered "Yes" on Form 990, Part IV, line 8.
1a
If the organization elected, as permitted under FASB ASC 958, not to report in its revenue statement and balance sheet works of art, historical treasures, or other similar assets held for public exhibition, education, or research in furtherance of public service, provide, in Part XIII, the text of the footnote to its financial statements that describes these items.
b
If the organization elected, as permitted under FASB ASC 958, to report in its revenue statement and balance sheet works of art, historical treasures, or other similar assets held for public exhibition, education, or research in furtherance of public service, provide the following amounts relating to these items:
(i)
Revenue included on Form 990, Part VIII, line 1 .........................right arrow $  
(ii)
Assets included in Form 990, Part X ...............................right arrow $  
2
If the organization received or held works of art, historical treasures, or other similar assets for financial gain, provide the
following amounts required to be reported under FASB ASC 958 relating to these items:
a
Revenue included on Form 990, Part VIII, line 1 ..........................right arrow $  
b
Assets included in Form 990, Part X ...............................right arrow $  
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 52283D
Schedule D (Form 990) (Rev. 1-2025)

Schedule D (Form 990) (Rev. 1-2025)
Page 2
Part III
Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets (continued)
3
Using the organization’s acquisition, accession, and other records, check any of the following that are a significant use of its collection items (check all that apply):
a
d
b
e
 
c
4
Provide a description of the organization’s collections and explain how they further the organization’s exempt purpose in
Part XIII.
5
During the year, did the organization solicit or receive donations of art, historical treasures or other similar
assets to be sold to raise funds rather than to be maintained as part of the organization’s collection?...
Part IV
Escrow and Custodial Arrangements. Complete if the organization answered "Yes" on Form 990, Part IV, line 9, or reported an amount on Form 990, Part X, line 21.
1a
Is the organization an agent, trustee, custodian or other intermediary for contributions or other assets not
included on Form 990, Part X? ....................................
b If "Yes," explain the arrangement in Part XIII and complete the following table: Amount
c Beginning balance ............................. 1c  
d Additions during the year ............................ 1d  
e Distributions during the year .......................... 1e  
f Ending balance ................................ 1f  
2a
Did the organization include an amount on Form 990, Part X, line 21, for escrow or custodial account liability? ...
b
If "Yes," explain the arrangement in Part XIII. Check here if the explanation has been provided in Part XIII ....
Part V
Endowment Funds.
Complete if the organization answered "Yes" on Form 990, Part IV, line 10.
(a) Current year (b) Prior year (c) Two years back (d) Three years back (e) Four years back
1a Beginning of year balance ....          
b Contributions ...          
c Net investment earnings, gains, and losses          
d Grants or scholarships ...          
e Other expenditures for facilities
and programs ... 		         
f Administrative expenses ....          
g End of year balance ......          
2
Provide the estimated percentage of the current year end balance (line 1g, column (a)) held as:
a
Board designated or quasi-endowment right arrow  
b
Permanent endowment right arrow  
c
Term endowment right arrow  
The percentages on lines 2a, 2b, and 2c should equal 100%.
3a
Are there endowment funds not in the possession of the organization that are held and administered for the
organization by:

Yes
No
(i) Unrelated organizations .................
3a(i)
 
 
(ii) Related organizations .................
3a(ii)
 
 
b
If "Yes" on 3a(ii), are the related organizations listed as required on Schedule R? .........
3b
 
 
4
Describe in Part XIII the intended uses of the organization's endowment funds.
Part VI
Land, Buildings, and Equipment.
Complete if the organization answered "Yes" on Form 990, Part IV, line 11a. See Form 990, Part X, line 10.
Description of property (a) Cost or other basis
(investment) 		(b) Cost or other basis (other) (c) Accumulated depreciation (d) Book value
1a Land .....      
b Buildings ....   311,232 172,449 138,783
c Leasehold improvements   34,385,788 13,589,897 20,795,891
d Equipment ....   33,008,687 21,571,851 11,436,836
e Other .....   214,438 170,380 44,058
Total. Add lines 1a through 1e. (Column (d) must equal Form 990, Part X, column (B), line 10(c).)..right arrow 32,415,568
Schedule D (Form 990) (Rev. 1-2025)

Schedule D (Form 990) (Rev. 1-2025)
Page 3
Part VII
Investments - Other Securities.
Complete if the organization answered "Yes" on Form 990, Part IV, line 11b. See Form 990, Part X, line 12.
(a) Description of security or category
(including name of security)		 (b) Book value (c) Method of valuation:
Cost or end-of-year market value
(1) Financial derivatives.........    
(2) Closely-held equity interests........    
(3) Other
(A) Investment in Subsidiaries & Partnerships		 186,409,619 C
(B)
(C)
(D)
(E)
(F)
(G)
(H)
Total. (Column (b) must equal Form 990, Part X, col. (B) line 12.)right arrow 186,409,619
Part VIII
Investments - Program Related. Complete if the organization answered 'Yes' on Form 990, Part IV, line 11c. See Form 990, Part X, line 13.
(a) Description of investment (b) Book value (c) Method of valuation:
Cost or end-of-year market value
(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
Total. (Column (b) must equal Form 990, Part X, col.(B) line 13.)right arrow  
Part IX
Other Assets.
Complete if the organization answered 'Yes' on Form 990, Part IV, line 11d. See Form 990, Part X, line 15.
(a) Description (b) Book value
(1)457(b) Plan Assets 2,103,631
(2)Accrued Interest 3,903,592
(3)Deferred Tax Asset 2,989,451
(4)Due From Affiliates 53,099,802
(5)Miscellaneous 2,304,363
(6)Prepaid Pension - Overfunded 146,629,570
(7)Prepaid Rent 6,894,217
(8)Capitalized Software 31,584,270
(9)Right of Use Assets 75,951,283
(9)
Total. (Column (b) must equal Form 990, Part X, col.(B) line 15.)...........right arrow 325,460,179
Part X
Other Liabilities.
Complete if the organization answered 'Yes' on Form 990, Part IV, line 11e or 11f. See Form 990, Part X, line 25.
1.(a) Description of liability (b) Book value
(1) Federal income taxes  
Post Retirement Benefit Plan 31,684,232
Other Liabilities 22,201,716
Deferred Taxes 8,154,531
Capital Lease Obligation 104,420,908





Total. (Column (b) must equal Form 990, Part X, col.(B) line 25.)right arrow 166,461,387
2. Liability for uncertain tax positions. In Part XIII, provide the text of the footnote to the organization's financial statements that reports the organization's liability for uncertain tax positions under FIN 48 (ASC 740). Check here if the text of the footnote has been provided in Part XIII
Schedule D (Form 990) (Rev. 1-2025)

Schedule D (Form 990) (Rev. 1-2025)
Page 4
Part XI Reconciliation of Revenue per Audited Financial Statements With Revenue per Return. Complete if the organization answered 'Yes' on Form 990, Part IV, line 12a.
1 Total revenue, gains, and other support per audited financial statements ....... 1 575,618,515
2 Amounts included on line 1 but not on Form 990, Part VIII, line 12:
a Net unrealized gains (losses) on investments .... 2a  
b Donated services and use of facilities ......... 2b  
c Recoveries of prior year grants ........... 2c  
d Other (Describe in Part XIII.) ........... 2d 39,030,036
e Add lines 2a through 2d ..................... 2e 39,030,036
3 Subtract line 2e from line 1.................. 3 536,588,479
4 Amounts included on Form 990, Part VIII, line 12, but not on line 1:
a Investment expenses not included on Form 990, Part VIII, line 7b . 4a  
b Other (Describe in Part XIII.) ........... 4b  
c Add lines 4a and 4b.................... 4c 0
5 Total revenue. Add lines 3 and 4c. (This must equal Form 990, Part I, line 12.) ...... 5 536,588,479
Part XII Reconciliation of Expenses per Audited Financial Statements With Expenses per Return. Complete if the organization answered 'Yes' on Form 990, Part IV, line 12a.
1 Total expenses and losses per audited financial statements ........... 1 437,987,705
2 Amounts included on line 1 but not on Form 990, Part IX, line 25:
a Donated services and use of facilities ......... 2a  
b Prior year adjustments ............ 2b  
c Other losses ................ 2c  
d Other (Describe in Part XIII.) ........... 2d -76,946,125
e Add lines 2a through 2d.................... 2e -76,946,125
3 Subtract line 2e from line 1................... 3 514,933,830
4 Amounts included on Form 990, Part IX, line 25, but not on line 1:
a Investment expenses not included on Form 990, Part VIII, line 7b .. 4a  
b Other (Describe in Part XIII.) ........... 4b  
c Add lines 4a and 4b..................... 4c 0
5 Total expenses. Add lines 3 and 4c. (This must equal Form 990, Part I, line 18.) ...... 5 514,933,830
Part XIII
Supplemental Information
Provide the descriptions required for Part II, lines 3, 5, and 9; Part III, lines 1a and 4; Part lV, lines 1b and 2b; Part V, line 4; Part X, line 2; Part XI, lines 2d and 4b; and Part XII, lines 2d and 4b. Also complete this part to provide any additional information.
Return Reference Explanation
Part X, Line 2: The Company recognizes interest and penalties related to its expected tax adjustments in current income tax expense. The Company recognized a net decrease in income tax expense in respect of uncertain tax provisions of $0.8 million due to items falling out of statute, increased by additional taxes, interest and penalties of $0.6 million for the year ended December 31, 2023. The Company recognized an increase in income tax expense for interest and penalties of $0.3 million for the year ended December 31, 2024. None of the audit adjustments, if assessed, are expected to be individually material to the Company's financial position, results of operations or cash flows. The Company is subject to income tax in many jurisdictions, including the U.S. The Company has tax years open to examination for the years 2020-23 in the U.S. and 2014-2023 in various foreign locations. While the outcome of tax audits is uncertain, the Company believes that adequate amounts of tax, interest and penalties have been provided for any adjustments that are expected to arise. In 2021 Pillar 2 tax reform was endorsed by over 130 countries and jurisdictions, constituting the vast majority of the Organization for Economic Co-operation and Development (OECD)/G20 Inclusive Framework on Base Erosion and Profit Shifting (BEPS). Pillar 2 requires companies to pay a top-up tax for the difference between their effective tax rate per jurisdiction and a 15% minimum rate subject to certain exceptions. Certain jurisdictions that the Company operates in endorsed Pillar 2 and are implementing conforming tax laws. The Company is assessing the potential impact, if any, of Pillar 2.
Part XI, Line 2d - Other Adjustments: Reclass of Income to Expenses for Audited Financial Statements Revenue Related to Non-includable Affiliates
Part XII, Line 2d - Other Adjustments: Net Unrealized gains on investments Reclass of Income to Expenses for Audited Financial Statements Expenses Related to Non-includable Affiliates
Schedule D - Part X, Line 2 The Company recognizes interest and penalties related to its expected tax adjustments in current income tax expense. The Company recognized a net decrease in income tax expense in respect of uncertain tax provisions of $0.4 million due to items falling out of statute, increased by additional taxes, interest, and penalties of $1.2 million for the year ended December 31, 2024. The Company recognized an increase in income tax expense for interest and penalties of $0.3 million for the year ended December 31, 2023. Furthermore, none of the tax audit adjustments, if assessed, are expected to be individually material to the Company's financial positions, results of operations or cash flows. The Company is subject to income tax in many jurisdictions, including the U.S.. The Company has tax years open to examination for the years 2020-24 in the U.S. and 2014-2024 in various foreign locations. While the outcome of tax audits is uncertain, The Company believes that adequate amounts of tax, interest, and penalities have been provided for any adjustments that are expected to arise. The Organization for Economic Co-operation and Development (OECD) introduced Base Erosion and Profit Shifting (BEPS) rules that impose a global minimum tax rate of 15% (referred to as "Pillar 2") for companies with global revenues and profits above certain thresholds. While it is uncertain whether the U.S. will enact legislation to adopt Pillar 2, certain countries in which the Company operates have adopted the legislation, and other countries are in the process of introducing legislation to implement Pillar 2. The Company is continuing to evaluate and monitor the impact of Pillar 2. To date, Pillar 2 has not had a material impact on the effective tax rate or the financial statements.
Schedule D (Form 990) (Rev. 1-2025)


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SCHEDULE F(Form 990)
(Rev. January 2025)
Department of the Treasury
Internal Revenue Service
Statement of Activities Outside the United States
Right arrow Complete if the organization answered "Yes" to Form 990, Part IV, line 14b, 15, or 16.Right arrow Attach to Form 990.Right arrow Go to www.irs.gov/Form990 for instructions and the latest information.
OMB No. 1545-0047
Open to Public Inspection
Name of the organization
American Bureau of Shipping
 
Employer identification number

13-4921556
Part I
General Information on Activities Outside the United States. Complete if the organization answered "Yes" on Form 990, Part IV, line 14b.
1
For grantmakers. Does the organization maintain records to substantiate the amount of its grants and
other assistance, the grantees’ eligibility for the grants or assistance, and the selection criteria used
to award the grants or assistance? . . . . . . . . . . . . . . . . . . . . . . . . .
2
For grantmakers. Describe in Part V the organization’s procedures for monitoring the use of its grants and other assistance outside the United States.
3
Activites per Region. (The following Part I, line 3 table can be duplicated if additional space is needed.)
(a) Region (b) Number of offices in the region (c) Number of employees, agents, and independent contractors in the region (d) Activities conducted in region (by type) (such as, fundraising, program services, investments, grants to recipients located in the region) (e) If activity listed in (d) is a program service, describe specific type of
service(s) in the region		 (f) Total expenditures
for and investments
in the region
East Asia and Pacific 36 1,503 Program Services Ship Classification, Testing, Surveys, Certification, Others 96,013,713
Europe 40 504 Program Services Ship Classification, Testing, Surveys, Certification, Others 23,962,839
Middle East and North Africa 12 139 Program Services Ship Classification, Testing, Surveys, Certification, Others 17,340,718
North America 6 41 Program Services Ship Classification, Testing, Surveys, Certification, Others 651,153
Russia and Neighboring States 2 5 Program Services Ship Classification, Testing, Surveys, Certification, Others 1,476,552
South America 9 215 Program Services Ship Classification, Testing, Surveys, Certification, Others 35,726,935
South Asia 7 252 Program Services Ship Classification, Testing, Surveys, Certification, Others 10,231,032
Sub-Saharan Africa 8 62 Program Services Ship Classification, Testing, Surveys, Certification, Others 7,825,513
Sub-Saharan Africa     Investments   53,938
South Asia     Investments   496,018
South America     Investments   2,255,653
North America     Investments   590,695
Central America and the Caribbean     Investments   50,000
Middle East and North Africa     Investments   617,079
Europe     Investments   52,455
Russia and Neighboring States     Investments    
East Asia and Pacific     Investments   18,010,626
3a Sub-total .... 120 2,721 193,228,455
b Total from continuation sheets to Part I ... 0 0 22,126,464
c Totals (add lines 3a and 3b) 120 2,721 215,354,919
For Paperwork Reduction Act Notice, see the Instructions for Form 990.Cat. No. 50082W Schedule F (Form 990) (Rev. 1-2025)
Schedule F (Form 990) (Rev. 1-2025)
Page 2
Part II
Grants and Other Assistance to Organizations or Entities Outside the United States. Complete if the organization answered "Yes" on Form 990, Part IV, line 15, for any recipient who received more than $5,000. Part II can be duplicated if additional space is needed.
1 (a) Name of organization (b) IRS code section
and EIN (if applicable)		 (c) Region (d) Purpose of
grant 		(e) Amount of
cash grant 		(f) Manner of
cash
disbursement 		(g) Amount
of noncash
assistance 		(h) Description
of noncash
assistance 		(i) Method of
valuation
(book, FMV,
appraisal, other)
Sub-Saharan Africa Scholarships 12,000 Cash Contributions 0   FMV
East Asia and the Pacific Scholarships 10,878 Cash Contributions 0   FMV
South Asia Scholarships 15,757 Cash Contributions 0   FMV
East Asia and the Pacific Scholarships 12,136 Cash Contributions 0   FMV
East Asia and the Pacific Scholarships 12,136 Cash Contributions 0   FMV
Europe (Including Iceland and Greenland) Scholarships 7,500 Cash Contributions 0   FMV
Europe (Including Iceland and Greenland) Scholarships 7,500 Cash Contributions 0   FMV
Europe Scholarships 15,000 Cash Contributions 0   FMV
East Asia and the Pacific Scholarships 6,620 Cash Contributions 0   FMV
East Asia and the Pacific Scholarships 5,063 Cash Contributions 0   FMV
Europe Scholarships 15,000 Cash Contributions 0   FMV
East Asia and the Pacific Scholarships 5,792 Cash Contributions 0   FMV
East Asia and the Pacific Scholarships 5,792 Cash Contributions 0   FMV
East Asia and the Pacific Scholarships 12,749 Cash Contributions 0   FMV
North America Scholarships 20,000 Cash Contributions 0   FMV
East Asia and the Pacific Scholarships 20,000 Cash Contributions 0   FMV
Sub-Saharan Africa Scholarships 12,000 Cash Contributions 0   FMV
East Asia and the Pacific Scholarships 10,878 Cash Contributions 0   FMV
East Asia and the Pacific Scholarships 12,372 Cash Contributions 0   FMV
East Asia and the Pacific Scholarships 12,136 Cash Contributions 0   FMV
East Asia and the Pacific Scholarships 30,000 Cash Contributions 0   FMV
Europe Scholarships 15,000 Cash Contributions 0   FMV
Europe Scholarships 15,000 Cash Contributions 0   FMV
Europe Scholarships 12,000 Cash Contributions 0   FMV
East Asia and the Pacific Scholarships 6,020 Cash Contributions 0   FMV
East Asia and the Pacific Scholarships 12,136 Cash Contributions 0   FMV
East Asia and the Pacific Scholarships 6,047 Cash Contributions 0   FMV
2 Enter total number of recipient organizations listed above that are recognized as charities by the foreign country, recognized as tax-exempt by the IRS, or for which the grantee or counsel has provided a section 501(c)(3) equivalency letter .......MediumBullet
 
3 Enter total number of other organizations or entities .......................MediumBullet
 
Schedule F (Form 990) (Rev. 1-2025)
Schedule F (Form 990) (Rev. 1-2025)Page 3
Part III
Grants and Other Assistance to Individuals Outside the United States. Complete if the organization answered "Yes" on Form 990, Part IV, line 16.
Part III can be duplicated if additional space is needed.
(a) Type of grant or assistance (b) Region (c) Number of recipients (d) Amount of
cash grant 		(e) Manner of cash
disbursement 		(f) Amount of
noncash
assistance 		(g) Description
of noncash
assistance 		(h) Method of
valuation
(book, FMV,
appraisal, other)
2024 - ABS Bursary Award - Student Scholarship East Asia and the Pacific 3 7,358 Cash     FMV
               
               
               
               
               
               
               
               
               
               
               
               
               
               
               
               
               
Schedule F (Form 990) (Rev. 1-2025)
Schedule F (Form 990) (Rev. 1-2025)
Page 4
Part IV
Foreign Forms
1 Was the organization a U.S. transferor of property to a foreign corporation during the tax year? If "Yes," the organization may be required to file Form 926, Return by a U.S. Transferor of Property to a Foreign Corporation (see Instructions for Form 926). . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
2 Did the organization have an interest in a foreign trust during the tax year? If "Yes," the organization may be required to separately file Form 3520, Annual Return to Report Transactions with Foreign Trusts and Receipt of Certain Foreign Gifts, and/or Form 3520-A, Annual Information Return of Foreign Trust With a U.S. Owner (see Instructions for Forms 3520 and 3520-A; don't file with Form 990). . . . . . . . . . . . . . . . . . . . . . . .
3 Did the organization have an ownership interest in a foreign corporation during the tax year? If "Yes," the organization may be required to file Form 5471, Information Return of U.S. Persons with Respect to Certain Foreign Corporations. (see Instructions for Form 5471). . . . . . . . . . . . . . . . . . . . . . . . . . . .
4 Was the organization a direct or indirect shareholder of a passive foreign investment company or a qualified electing fund during the tax year? If “Yes,” the organization may be required to file Form 8621, Information Return by a Shareholder of a Passive Foreign Investment Company or Qualified Electing Fund. (see Instructions for Form 8621) .
5 Did the organization have an ownership interest in a foreign partnership during the tax year? If "Yes," the organization may be required to file Form 8865, Return of U.S. Persons with Respect to Certain Foreign Partnerships (see Instructions for Form 8865). . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
6 Did the organization have any operations in or related to any boycotting countries during the tax year? If "Yes," the organization may be required to separately file Form 5713, International Boycott Report (see Instructions for Form 5713; don't file with Form 990).. . . . . . . . . . . . . . . . . . . . . . . . . . . .
Schedule F (Form 990) (Rev. 1-2025)
Schedule F (Form 990) (Rev. 1-2025)
Page 5
Part V
Supplemental Information
Provide the information required by Part I, line 2 (monitoring of funds); Part I, line 3, column (f) (accounting method; amounts of investments vs. expenditures per region); Part II, line 1 (accounting method); Part III (accounting method); and Part III, column (c) (estimated number of recipients), as applicable. Also complete this part to provide any additional information. See instructions.
ReturnReference Explanation
Part I, Line 2: All charitable contributions are approved by the Board of Directors once the total of contributions for a given year exceed $250,000. The CEO approves all other Charitable Contributions.
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
Schedule F (Form 990) (Rev. 1-2025)
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Schedule I
(Form 990)
(Rev. January 2025)
Department of the Treasury
Internal Revenue Service
Grants and Other Assistance to Organizations,
Governments and Individuals in the United States
Complete if the organization answered "Yes," on Form 990, Part IV, line 21 or 22.
lBullet Attach to Form 990.
lBullet Go to www.irs.gov/Form990 for instructions and the latest information.
OMB No. 1545-0047
Open to Public
Inspection
Name of the organization
American Bureau of Shipping
 
Employer identification number
13-4921556
Part I
General Information on Grants and Assistance
1
Does the organization maintain records to substantiate the amount of the grants or assistance, the grantees' eligibility for the grants or assistance, and
the selection criteria used to award the grants or assistance? ........................
2
Describe in Part IV the organization's procedures for monitoring the use of grant funds in the United States.
Part II
Grants and Other Assistance to Domestic Organizations and Domestic Governments. Complete if the organization answered "Yes" on Form 990, Part IV, line 21, for any recipient
that received more than $5,000. Part II can be duplicated if additional space is needed.
(a) Name and address of organization
or government		 (b) EIN (c) IRC section
(if applicable)		 (d) Amount of cash grant (e) Amount of non-cash
assistance		 (f) Method of valuation
(book, FMV, appraisal,
other)		 (g) Description of
noncash assistance		 (h) Purpose of grant
or assistance
(1) Alabama A & M University Foundaton Inc
4900 Meridian Street NW
Normal,AL357627500 		23-7067600 501(c)(3) 25,000 0 FMV   ABS 2024 Scholarships for tuition and books.
(2) California Maritime Academy
200 Maritime Academy Dr
Vallejo,CA94590 		23-7213404 501(c)(3) 30,000 0 FMV   ABS 2024 Scholarships for tuition and books.
(3) Colorado School of Mines
1500 Illinois St
Golden,CO80401 		84-0509064 501(c)(3) 50,000 0 FMV   ABS 2024 Scholarships for tuition and books.
(4) Maine Maritime Academy
54 Pleasant St
Castine,ME04420 		01-6000724 501(c)(3) 60,000 0 FMV   ABS 2024 Scholarships for tuition and books.
(5) Massachusetts Institute of Technology
77 Massachusetts Ave
Cambridge,MA02139 		04-2103594 501(c)(3) 60,000 0 FMV   ABS 2024 Scholarships for tuition and books.
(6) Massachusetts Maritime Academy
101 Academy Dr
Buzzards Bay,MA02532 		23-7025807 501(c)(3) 60,000 0 FMV   ABS 2024 Scholarships for tuition and books.
(7) Prairie View A & M University
6436 Fannin St Rm 112
Houston,TX77030 		38-3798900 501(c)(3) 50,000 0 FMV   ABS 2024 Scholarships for tuition and books.
(8) Stevens Institute of Technology
One Castle Point Terrace
Hoboken,NJ07030 		22-1487354 501(c)(3) 50,000 0 FMV   ABS 2024 Scholarships for tuition and books.
(9) SUNY Maritime College
6 Pennyfield Ave
Bronx,NY10645 		13-3789884 501(c)(3) 60,000 0 FMV   ABS 2024 Scholarships for tuition and books.
(10) Texas A&M University
401 George Bush Dr
College Station,TX77840 		74-6000531 501(c)(3) 100,000 0 FMV   ABS 2024 Scholarships for tuition and books.
(11) Texas A&M University - Galveston
PO Box 1675
Galveston,TX77553 		76-0109831 501(c)(3) 20,000 0 FMV   ABS 2024 Scholarships for tuition and books.
(12) United Way
701 N Fairfax St
Alexandria,VA22314 		13-1635294 501(c)(3) 66,273 0 FMV   ABS 2024 Charitable Support.
(13) University of Houston
4800 Calhoun Rd
Houston,TX77004 		74-1367041 501(c)(3) 50,000 0 FMV   ABS 2024 Scholarships for tuition and books.
(14) University of Michigan
2600 Drapper Drive
Ann Arbor,MI48109 		23-7206591 501(c)(3) 100,000 0 FMV   ABS 2024 Scholarships for tuition and books.
(15) University of New Orleans
2000 Lakeshore Dr
New Orleans,LA70148 		72-1372848 501(c)(3) 40,000 0 FMV   ABS 2024 Scholarships for tuition and books.
(16) US Merchant Marine Academy
1200 New Jersey Ave SE
Washington,DC20590 		11-3391322 501(c)(3) 15,000 0 FMV   ABS 2024 Scholarships for tuition and books.
(17) Vanderbilt University
PMB 406310 2301 Vanderbilt Place
Nashville,TN37240 		62-0476822 501(c)(3) 50,000 0 FMV   ABS 2024 Scholarships for tuition and books.
(18) Virginia Tech Foundation Inc
902 Prices Fork Road No 4000
Blacksburg,VA24061 		54-0721690 501(c)(3) 60,000 0 FMV   ABS 2024 Scholarships for tuition and books.
(19) Webb Institute
298 Crescent Beach Rd
Glen Cove,NY11542 		11-1630912 501(c)(3) 60,000 0 FMV   ABS 2024 Scholarships for tuition and books.
(20) The George Washington University
1918 F Street NW
Washington,DC20052 		53-0196584 501(c)(3) 25,000 0 FMV   ABS 2024 Scholarships for tuition and books.
2
Enter total number of section 501(c)(3) and government organizations listed in the line 1 table ................. Bullet Image
 
3
Enter total number of other organizations listed in the line 1 table ........................ . Bullet Image
 
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50055P
Schedule I (Form 990) Rev. 1-2025

Schedule I (Form 990) Rev. 1-2025
Page 2
Part III
Grants and Other Assistance to Domestic Individuals. Complete if the organization answered "Yes" on Form 990, Part IV, line 22.
Part III can be duplicated if additional space is needed.
(a) Type of grant or assistance (b) Number of
recipients		 (c) Amount of
cash grant		 (d) Amount of
noncash assistance		 (e) Method of valuation (book,
FMV, appraisal, other)		 (f) Description of noncash assistance
(1) Student Scholarship 1 5,000   FMV SHRIYA BALASUBRAMANIAM - Scholarships for tuition and books.
(1)
(2)
(3)
(4)
(5)
(6)
(7)
Part IV
Supplemental Information. Provide the information required in Part I, line 2; Part III, column (b); and any other additional information.
Return Reference Explanation
Part I, Line 2: All charitable contributions are approved by the Board of Directors once the total of contributions for a given year exceed $250,000. The CEO approves all other Charitable Contributions.
Schedule I (Form 990) Rev. 1-2025



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Schedule J
(Form 990)
(Rev. January 2025)
Department of the Treasury
Internal Revenue Service
Compensation Information
For certain Officers, Directors, Trustees, Key Employees, and Highest
Compensated Employees
medium right arrow graphic Complete if the organization answered "Yes" on Form 990, Part IV, line 23.
medium right arrow graphic Attach to Form 990.
medium right arrow graphic Go to www.irs.gov/Form990 for instructions and the latest information.
OMB No. 1545-0047
Open to Public Inspection
Name of the organization
American Bureau of Shipping
 
Employer identification number

13-4921556
Part I
Questions Regarding Compensation
Yes
No
1a
Check the appropiate box(es) if the organization provided any of the following to or for a person listed on Form
990, Part VII, Section A, line 1a. Complete Part III to provide any relevant information regarding these items.
b
If any of the boxes on Line 1a are checked, did the organization follow a written policy regarding payment or reimbursement or provision of all of the expenses described above? If "No," complete Part III to explain .....
1b
Yes
 
2
Did the organization require substantiation prior to reimbursing or allowing expenses incurred by all
directors, trustees, officers, including the CEO/Executive Director, regarding the items checked on Line 1a? ....
2
Yes
 
3
Indicate which, if any, of the following the filing organization used to establish the compensation of the
organization's CEO/Executive Director. Check all that apply. Do not check any boxes for methods
used by a related organization to establish compensation of the CEO/Executive Director, but explain in Part III.
4
During the year, did any person listed on Form 990, Part VII, Section A, line 1a, with respect to the filing organization or a related organization:
a
Receive a severance payment or change-of-control payment? .............
4a
 
No
b
Participate in, or receive payment from, a supplemental nonqualified retirement plan? .........
4b
Yes
 
c
Participate in, or receive payment from, an equity-based compensation arrangement? .........
4c
 
No
If "Yes" to any of lines 4a-c, list the persons and provide the applicable amounts for each item in Part III.
Only 501(c)(3), 501(c)(4), and 501(c)(29) organizations must complete lines 5-9.
5
For persons listed on Form 990, Part VII, Section A, line 1a, did the organization pay or accrue any
compensation contingent on the revenues of:
a
The organization? ....................
5a
 
 
b
Any related organization? .......................
5b
 
 
If "Yes," on line 5a or 5b, describe in Part III.
6
For persons listed on Form 990, Part VII, Section A, line 1a, did the organization pay or accrue any
compensation contingent on the net earnings of:
a
The organization? ..................
6a
 
 
b
Any related organization? ......................
6b
 
 
If "Yes," on line 6a or 6b, describe in Part III.
7
For persons listed on Form 990, Part VII, Section A, line 1a, did the organization provide any nonfixed
payments not described in lines 5 and 6? If "Yes," describe in Part III ............
7
 
 
8
Were any amounts reported on Form 990, Part VII, paid or accured pursuant to a contract that was
subject to the initial contract exception described in Regulations section 53.4958-4(a)(3)? If "Yes," describe
in Part III ..........................
8
 
 
9
If "Yes" on line 8, did the organization also follow the rebuttable presumption procedure described in Regulations section 53.4958-6(c)? .........................
9
 
 
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50053T
Schedule J (Form 990) (Rev. 1-2025)

Schedule J (Form 990) (Rev. 1-2025)
Page 2
Part II
Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees. Use duplicate copies if additional space is needed.
For each individual whose compensation must be reported on Schedule J, report compensation from the organization on row (i) and from related organizations, described in the
instructions, on row (ii). Do not list any individuals that are not listed on Form 990, Part VII.
Note. The sum of columns (B)(i)-(iii) for each listed individual must equal the total amount of Form 990, Part VII, Section A, line 1a, applicable column (D) and (E) amounts for that individual.
(A) Name and Title (B) Breakdown of W-2, 1099-MISC compensation, and/or 1099-NEC (C) Retirement and other deferred compensation (D) Nontaxable
benefits		 (E) Total of columns
(B)(i)-(D) 		(F) Compensation in column (B) reported as deferred on prior Form 990
(i) Base
compensation 		(ii) Bonus & incentive
compensation 		(iii) Other reportable compensation
1Christopher J Wiernicki
Chairman and CEO 		(i)

(ii)		 1,158,937
-------------
0 		1,610,771
-------------
0 		33,444
-------------
0 		156,674
-------------
0 		18,770
-------------
0 		2,978,596
-------------
0 		0
-------------
0
2John P McDonald
President and Chief Operating Office 		(i)

(ii)		 567,590
-------------
0 		573,625
-------------
0 		6,064
-------------
0 		1,101,488
-------------
0 		30,910
-------------
0 		2,279,677
-------------
0 		0
-------------
0
3Laura C Fulton
SVP & Chief Financial Officer (CFO) 		(i)

(ii)		 470,784
-------------
0 		540,528
-------------
0 		8,993
-------------
0 		369,659
-------------
0 		26,273
-------------
0 		1,416,237
-------------
0 		0
-------------
0
4Robert G Clyne
EVP General Counsel & Secretary 		(i)

(ii)		 555,370
-------------
0 		494,999
-------------
0 		9,829
-------------
0 		124,274
-------------
0 		18,770
-------------
0 		1,203,242
-------------
0 		0
-------------
0
5Adam W Moilanen
VP & Chief Surveyor 		(i)

(ii)		 333,422
-------------
0 		189,495
-------------
0 		9,093
-------------
0 		354,902
-------------
0 		18,770
-------------
0 		905,682
-------------
0 		0
-------------
0
6Chuck Raymond Kemper
SVP & Chief Human Resources Officer 		(i)

(ii)		 364,733
-------------
0 		274,456
-------------
0 		4,861
-------------
0 		136,459
-------------
0 		0
-------------
0 		780,509
-------------
0 		0
-------------
0
7Paul Karam
VP, Operations - Greater China Regio 		(i)

(ii)		 168,916
-------------
0 		109,436
-------------
0 		456,772
-------------
0 		0
-------------
0 		25,144
-------------
0 		760,268
-------------
0 		0
-------------
0
8Arinjit Roy
SVP - Pacific & MEA Operations 		(i)

(ii)		 205,157
-------------
0 		149,292
-------------
0 		375,188
-------------
0 		0
-------------
0 		25,144
-------------
0 		754,781
-------------
0 		0
-------------
0
9Kara Pelecky
SVP & Chief Information Officer (CIO 		(i)

(ii)		 404,776
-------------
0 		301,604
-------------
0 		5,263
-------------
0 		0
-------------
0 		31,482
-------------
0 		743,125
-------------
0 		0
-------------
0
10Patrick J Ryan
SVP & Chief Technology Officer (CTO) 		(i)

(ii)		 328,321
-------------
0 		245,050
-------------
0 		3,958
-------------
0 		115,719
-------------
0 		31,482
-------------
0 		724,530
-------------
0 		0
-------------
0
11Derek S Novak
VP & Chief Engineer 		(i)

(ii)		 312,897
-------------
0 		180,176
-------------
0 		1,577
-------------
0 		197,017
-------------
0 		31,482
-------------
0 		723,149
-------------
0 		0
-------------
0
12Jessica Mahaffey
SVP & Chief Marketing Officer (CMO) 		(i)

(ii)		 294,812
-------------
0 		222,430
-------------
0 		6,570
-------------
0 		173,272
-------------
0 		15,656
-------------
0 		712,740
-------------
0 		0
-------------
0
13Andrew Lipman
Director, Projects, Offshore GC Regi 		(i)

(ii)		 204,881
-------------
0 		0
-------------
0 		421,604
-------------
0 		0
-------------
0 		0
-------------
0 		626,485
-------------
0 		0
-------------
0
14Tommy Nguyen
Director, Business Development Globa 		(i)

(ii)		 159,269
-------------
0 		0
-------------
0 		449,183
-------------
0 		0
-------------
0 		0
-------------
0 		608,452
-------------
0 		0
-------------
0
15Johnny M Garrett Jr
Vice President, Regional Operations 		(i)

(ii)		 202,792
-------------
0 		0
-------------
0 		391,929
-------------
0 		0
-------------
0 		0
-------------
0 		594,721
-------------
0 		0
-------------
0
16Ben Ford
Surveyor III, Senior * CN Shanghai P 		(i)

(ii)		 310,374
-------------
0 		0
-------------
0 		281,527
-------------
0 		0
-------------
0 		0
-------------
0 		591,901
-------------
0 		0
-------------
0
17Miguel Hernandez
SVP, Global Offshore Market 		(i)

(ii)		 347,517
-------------
0 		184,411
-------------
0 		1,964
-------------
0 		0
-------------
0 		26,273
-------------
0 		560,165
-------------
0 		0
-------------
0
18Bruce Baffer
SVP, Global Government Services 		(i)

(ii)		 288,952
-------------
0 		151,765
-------------
0 		5,042
-------------
0 		0
-------------
0 		30,500
-------------
0 		476,259
-------------
0 		0
-------------
0
19Matthew D Tremblay
Former Senior VP, Global Offshore Ma 		(i)

(ii)		 296,511
-------------
0 		106,552
-------------
0 		985
-------------
0 		0
-------------
0 		31,482
-------------
0 		435,530
-------------
0 		0
-------------
0
20Bhattacharya Sandipan
Vice President, Application Developm 		(i)

(ii)		 415,909
-------------
0 		0
-------------
0 		0
-------------
0 		0
-------------
0 		0
-------------
0 		415,909
-------------
0 		0
-------------
0
21Joshua Divin
SVP - Western Operations 		(i)

(ii)		 221,472
-------------
0 		101,361
-------------
0 		1,181
-------------
0 		0
-------------
0 		31,482
-------------
0 		355,496
-------------
0 		0
-------------
0
22Annisa Lyvers
VP - Data and Analytics 		(i)

(ii)		 271,614
-------------
0 		63,032
-------------
0 		888
-------------
0 		0
-------------
0 		6,048
-------------
0 		341,582
-------------
0 		0
-------------
0
23Joshua Lavire
VP, Health, Safety, Quality and Envi 		(i)

(ii)		 225,711
-------------
0 		79,798
-------------
0 		1,128
-------------
0 		0
-------------
0 		31,482
-------------
0 		338,119
-------------
0 		0
-------------
0
24Richard D Pride
Former Senior VP - Western Hemispher 		(i)

(ii)		 278,973
-------------
0 		41,131
-------------
0 		1,428
-------------
0 		0
-------------
0 		4,229
-------------
0 		325,761
-------------
0 		0
-------------
0
25Gareth C Burton
SVP, Global Engineering 		(i)

(ii)		 244,186
-------------
0 		74,313
-------------
0 		1,848
-------------
0 		0
-------------
0 		0
-------------
0 		320,347
-------------
0 		0
-------------
0
26Michael L Carthew
Director 		(i)

(ii)		 230,000
-------------
0 		0
-------------
0 		0
-------------
0 		0
-------------
0 		0
-------------
0 		230,000
-------------
0 		0
-------------
0
27William E Jenkins
Director 		(i)

(ii)		 215,000
-------------
0 		0
-------------
0 		0
-------------
0 		0
-------------
0 		0
-------------
0 		215,000
-------------
0 		0
-------------
0
28David W Grzebinski
Director 		(i)

(ii)		 210,000
-------------
0 		0
-------------
0 		0
-------------
0 		0
-------------
0 		0
-------------
0 		210,000
-------------
0 		0
-------------
0
29Craig H Stevenson Jr
Director 		(i)

(ii)		 210,000
-------------
0 		0
-------------
0 		0
-------------
0 		0
-------------
0 		0
-------------
0 		210,000
-------------
0 		0
-------------
0
30Elizabeth D Whitaker
Director 		(i)

(ii)		 210,000
-------------
0 		0
-------------
0 		0
-------------
0 		0
-------------
0 		0
-------------
0 		210,000
-------------
0 		0
-------------
0
31Phillip J Shapiro
Director 		(i)

(ii)		 210,000
-------------
0 		0
-------------
0 		0
-------------
0 		0
-------------
0 		0
-------------
0 		210,000
-------------
0 		0
-------------
0
32Louis A Raspino Jr
Director 		(i)

(ii)		 200,000
-------------
0 		0
-------------
0 		0
-------------
0 		0
-------------
0 		0
-------------
0 		200,000
-------------
0 		0
-------------
0
33Susan K Neely
Director 		(i)

(ii)		 200,000
-------------
0 		0
-------------
0 		0
-------------
0 		0
-------------
0 		0
-------------
0 		200,000
-------------
0 		0
-------------
0
34Darryl K Willis
Director 		(i)

(ii)		 200,000
-------------
0 		0
-------------
0 		0
-------------
0 		0
-------------
0 		0
-------------
0 		200,000
-------------
0 		0
-------------
0
35Eric C Kleess
Former Senior VP - Eastern Hemispher 		(i)

(ii)		 0
-------------
0 		149,655
-------------
0 		31,938
-------------
0 		0
-------------
0 		0
-------------
0 		181,593
-------------
0 		0
-------------
0
Schedule J (Form 990) (Rev. 1-2025)

Schedule J (Form 990) (Rev. 1-2025)
Page 3
Part III
Supplemental Information
Provide the information, explanation, or descriptions required for Part I, lines 1a, 1b, 3, 4a, 4b, 4c, 5a, 5b, 6a, 6b, 7, and 8, and for Part II. Also complete this part for any additional information.
Return Reference Explanation
Part I, Line 1a The items marked on Schedule J, Part I, Line 1(a) are provided to various officers, directors, key employees and highly compensated employees in accordance with the Company policies. Compensation is imputed where applicable, with respect to such benefits in compliance with the tax regulation(s) in effect for the tax year.
Part I, Line 4b Amounts Accrued but not paid for Nonqualified Plan in 2024 Laura C. Fulton - $ 275,390.85 Raymond Kemper - $ 73,193.69 Adam W. Moilanen - $ 168,541.07 Jessica Mahaffey - $ 80,762.21 John McDonald - $ 975,868.46 Derek S. Novak - $ 68,561.81 Patrick Ryan - $ 61,345.03
Schedule J (Form 990) (Rev. 1-2025)

Additional Data


Software ID:  
Software Version:  
Schedule L
(Form 990)
(Rev. January 2025)
Department of the Treasury
Internal Revenue Service
Transactions with Interested Persons
Complete if the organization answered "Yes" on Form 990, Part IV, lines 25a, 25b, 26, 27, 28a, 28b, or 28c, or Form 990-EZ, Part V, line 38a or 40b.
Attach to Form 990 or Form 990-EZ.
Go to www.irs.gov/Form990 for instructions and the latest information.
OMB No. 1545-0047
Open to Public Inspection
Name of the organization
American Bureau of Shipping
 
Employer identification number

13-4921556
Part I
Excess Benefit Transactions (section 501(c)(3), section 501(c)(4), and section 501(c)(29) organizations only).
Complete if the organization answered "Yes" on Form 990, Part IV, line 25a or 25b, or Form 990-EZ, Part V, line 40b.
1(a) Name of disqualified person (b) Relationship between disqualified person and organization (c) Description of transaction (d) Corrected?
Yes No
2
Enter the amount of tax incurred by the organization managers or disqualified persons during the year under section 4958. ........................... $
 
3
Enter the amount of tax, if any, on line 2, above, reimbursed by the organization ........ $
 

Part II
Loans to and/or From Interested Persons.
Complete if the organization answered "Yes" on Form 990-EZ, Part V, line 38a, or Form 990, Part IV, line 26; or if the organization reported an amount on Form 990, Part X, line 5, 6, or 22
(a) Name of interested person (b) Relationship with organization (c) Purpose of loan (d) Loan to or from the organization? (e) Original principal amount (f) Balance due (g) In default? (h) Approved by board or committee? (i) Written agreement?
To From Yes No Yes No Yes No
Total ............... $  
Part III
Grants or Assistance Benefiting Interested Persons.
Complete if the organization answered "Yes" on Form 990, Part IV, line 27.
(a) Name of interested person (b) Relationship between interested person and the organization (c) Amount of assistance (d) Type of assistance (e) Purpose of assistance
For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.
Cat. No. 50056A
Schedule L (Form 990) (Rev. 1-2025)
Schedule L (Form 990) (Rev. 1-2025)
Page 2
Part IV
Business Transactions Involving Interested Persons.
Complete if the organization answered "Yes" on Form 990, Part IV, line 28a, 28b, or 28c.
(a) Name of interested person (b) Relationship between interested person and the organization (c) Amount of transaction (d) Description of transaction (e) Sharing of organization's revenues?
Yes No
(1) Philip J Shapiro Current Director and 100% Owner of Liberty Maritime Corporation 450,266 ABS provides ship classification services to Liberty Maritime Corporation which Mr. Shapiro is the sole owner.   No
Part V
Supplemental Information
Provide additional information for responses to questions on Schedule L (see instructions).
Return Reference Explanation
Sch L, Part IV, Business Transactions Involving Interested Persons: (a) Name of Person: Philip J. Shapiro(b) Relationship Between Interested Person and Organization:Current Director and 100% Owner of Liberty Maritime Corporation(d) Description of Transaction: ABS provides ship classification services to Liberty Maritime Corporation which Mr. Shapiro is the sole owner.
Schedule L (Form 990) (Rev. 1-2025)


Additional Data


Software ID:  
Software Version:  




SCHEDULE O
(Form 990)
(Rev. January 2025)
Department of the Treasury
Internal Revenue Service
Supplemental Information to Form 990 or 990-EZ

Complete to provide information for responses to specific questions on
Form 990 or 990-EZ or to provide any additional information.
Attach to Form 990 or 990-EZ.
 Go to www.irs.gov/Form990 for instructions and the latest information.
OMB No. 1545-0047
Open to Public
Inspection
Name of the organization
American Bureau of Shipping
 
Employer identification number

13-4921556
Return Reference Explanation
Form 990, Part VI, Section A, line 6 The organization has members.
Form 990, Part VI, Section A, line 7a There are 12 voting members of the governing body. They are elected annually at the Annual Meeting of Members.
Form 990, Part VI, Section A, line 7b Certain decisions of the governing body are subject to approval by the members.
Form 990, Part VI, Section B, line 11b Review by CFO and General Counsel. After Form 990 is prepared by an outside consultant it is reviewed by the CFO and General Counsel. After this review the Form 990 is made available to the Board of Directors prior to filing.
Form 990, Part VI, Section B, line 12c Form 990, Part VI, Section B, Line 12c: The conflict of interest policy is enforced by annually requiring the directors, officers, and key employees to complete conflict of interest questionnaires which are reviewed and kept on file.
Form 990, Part VI, Section B, line 15 Form 990, Part VI, Section B, Line 15: The review process for determining reasonable compensation of the organization's executive officers and directors consists of the following steps: - Review of compensation surveys, compiled by an independent firm, that provides appropriate comparable data with respect to compensation; - Approval of compensation by a committee of independent Board members; and - Retention of adequate contemporaneous documentation of the basis for the compensation decisions.
Form 990, Part VI, Section C, line 19 The governing documents, conflict of interest policy and financial statements are not made available to the public.
Form 990, Part IX, line 11g Outside Services 55,859,956.
Form 990, Part XI, line 9: Currency Translation and Other Comprehensive Income -21,706,827. Change in Pension Reserves 39,295,340. Equity transactions with related partiies 23,010,206.
Form 990, Part XII, Line 2c There was no change to this process during 2024. .
For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.
Cat. No. 51056K
Schedule O (Form 990) (Rev. 1-2025)


Additional Data


Software ID:  
Software Version:  
SCHEDULE R
(Form 990)
(Rev. January 2025)
Department of the Treasury
Internal Revenue Service
Related Organizations and Unrelated Partnerships
Complete if the organization answered "Yes" on Form 990, Part IV, line 33, 34, 35b, 36, or 37.
Attach to Form 990.
Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047
Open to Public Inspection
Name of the organization
American Bureau of Shipping
 
Employer identification number

13-4921556
Part I
Identification of Disregarded Entities. Complete if the organization answered "Yes" on Form 990, Part IV, line 33.
(a)
Name, address, and EIN (if applicable) of disregarded entity


(b)
Primary activity


 		(c)
Legal domicile (state
or foreign country)

 		(d)
Total income


 		(e)
End-of-year assets


 		(f)
Direct controlling
entity










Part II
Identification of Related Tax-Exempt Organizations. Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related tax-exempt organizations during the tax year.
(a)
Name, address, and EIN of related organization


(b)
Primary activity


 		(c)
Legal domicile (state
or foreign country)

 		(d)
Exempt Code section


 		(e)
Public charity status
(if section 501(c)(3))

 		(f)
Direct controlling
entity

 		(g)
Section 512(b)(13) controlled entity?
Yes No












For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50135Y
Schedule R (Form 990) (Rev. 1-2025)
Schedule R (Form 990) (Rev. 1-2025)
Page 2
Part III
Identification of Related Organizations Taxable as a Partnership. Complete if the organization answered "Yes" on Form 990, Part IV, line 34, because it had one or more related organizations treated as a partnership during the tax year.
(a)
Name, address, and EIN of
related organization



 		(b)
Primary activity




 		(c)
Legal
domicile
(state or foreign
country)


 		(d)
Direct controlling
entity



 		(e)
Predominant income(related, unrelated, excluded from tax under sections 512-514)

(f)
Share of total income




 		(g)
Share of end-of-year
assets



 		(h)
Disproprtionate allocations?




 		(i)
Code V-UBI
amount in box 20 of
Schedule K-1
(Form 1065)
 		(j)
General or
managing
partner?



 		(k)
Percentage
ownership
Yes No Yes No
(1) Common Structural Rules Software LLC

1701 City Plaza Drive
Spring,TX77389
45-1764272 		Computer Programming TX American Bureau of Shipping
  		Related -755,299 23,980   No     No 50.000 %
(2) Herbert - ABS Software Solutions LLC

1040 Marina Village Pkwy Ste 200
Alameda,CA94501
27-4708692 		Software Design CA American Bureau of Shipping
  		Unrelated 65,481 1,777,893   No   Yes   50.000 %










Part IV
Identification of Related Organizations Taxable as a Corporation or Trust. Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related organizations treated as a corporation or trust during the tax year.
(a)
Name, address, and EIN of
related organization
 		(b)
Primary activity
 		(c)
Legal
domicile
(state or foreign
country)
 		(d)
Direct controlling
entity
 		(e)
Type of entity
(C corp, S corp,
or trust) 		(f)
Share of total income
 		(g)
Share of end-of-year
assets
 		(h)
Percentage
ownership
 		(i)
Section 512(b)(13) controlled entity?
Yes No
(1) ABS Group of Companies Inc

1701 City Plaza Drive
Spring,TX77389
22-2856372 		Holding Company NJ American Bureau of Shipping
  		C 403,726 83,583,449 100.000 %   No
(2) ABSG Consulting Inc

1701 City Plaza Drive
Spring,TX77389
13-2695912 		Inspections/Testing NY ABS Group of Companies Inc
  		C 5,698,809 90,489,783 100.000 %   No
(3) ABS Quality Evaluations Inc

1701 City Plaza Drive
Spring,TX77389
22-3067354 		Quality Evaluations DE ABS Group of Companies Inc
  		C 545,976 10,201,221 100.000 %   No
(4) ABS Group Services Inc

1701 City Plaza Drive
Spring,TX77389
22-3069605 		Services DE ABS Group of Companies Inc
  		C -4,234,767 138,552 100.000 %   No
(5) Genesis Solutions Holdings Inc

1701 City Plaza Drive
Spring,TX77389
26-1727397 		Consulting Services DE ABS Group of Companies Inc
  		C   12,972,677 100.000 %   No
(6) Genesis Technology Solutions Inc

1701 City Plaza Drive
Spring,TX77389
26-1727654 		Consulting Services DE ABS Group of Companies Inc
  		C -645,000 4,825,916 100.000 %   No
(7) PLG Inc

1701 City Plaza Drive
Spring,TX77389
52-0905530 		Inactive DC ABS Group of Companies Inc
  		C     100.000 %   No
(8) ABS Maritime Services Inc

1701 City Plaza Drive
Spring,TX77389
20-3333549 		Evaluate Marine Vessels DE ABS Group of Companies Inc
  		C   -343,629 100.000 %   No
(9) ABS Holdings Inc

1701 City Plaza Drive
Spring,TX77389
20-3390695 		Holding Company NY American Bureau of Shipping
  		C   28,513,765 100.000 %   No
(10) ABS Boiler and Marine Insurance Company

1701 City Plaza Drive
Spring,TX77389
03-0286694 		Insurance-Captive VT ABS Holdings Inc
  		C 2,638,451 46,256,217 100.000 %   No
(11) ABS Digital Solutions LLC

1701 City Plaza Drive
Spring,TX77389
87-1933817 		Dev Tech Solutions DE American Bureau of Shipping
  		C -39,932,132 14,490,016 100.000 %   No
(12) American Bureau of Shipping Inc

1701 City Plaza Drive
Spring,TX77389
13-2667740 		Inactive DE American Bureau of Shipping
  		C   1,000 100.000 %   No
(13) ABS Foundation Inc

1701 City Plaza Drive
Spring,TX77389
51-0677119 		Inactive DE American Bureau of Shipping
  		C     100.000 %   No
(14) ABS Boiler and Marine Technical Services Co

77 Nanking E Road Sect 4
Taipei   10568
CH
Dormant CH ABS Boiler and Marine Insurance Company
  		C     100.000 %   No
(15) ABS Consulting (S) PTE Ltd

438 Alexandra Road 09-01
Singapore   119958
SN
Engineering SN ABSG Consulting Inc
  		C 1,370,638 7,870,048 100.000 %   No
(16) ABS Consulting Ltd

EQE HouseThe BeaconsWarrington
Cheshire   WA3 6WJ
UK
Engineering UK ABSG Consulting Inc
  		C 72,105 3,126,308 100.000 %   No
(17) ABS Group Columbia SAS

CALLE 99 No 9A-80 Edificio Height
Bogota   803
CO
Engineering CO ABSG Consulting Inc
  		C -21,185 68,283 100.000 %   No
(18) ABS Group del Peru SAC

Av E Derby 055 Pisp Officina 745
Lima   33
PE
Engineering PE ABSG Consulting Inc
  		C 22,403 293,005 100.000 %   No
(19) ABS Group Services (Canada) Ltd

Royal Bank Plaza 38th Fl S Tower
Toronto   MSJ2J7
CA
Engineering CA ABSG Consulting Inc
  		C 78,000 982,491 100.000 %   No
(20) ABS Group Services de Chile Training SA

Avda Libertad No 1348 Oficina 701
Vina del Mar   000
CI
Engineering Training CI ABSG Consulting Inc
  		C -3,342   100.000 %   No
(21) ABS Group Services de Mexico SA De CV

Hamburgo No 254-201 Col Juarez
Mexico City   06600
MX
Engineering MX ABSG Consulting Inc
  		C -4,717,662 20,402,525 100.000 %   No
(22) ABS Group Services do Brasil Ltda

AV Venezuela 3 19th Floor
Rio De Janeiro   20081-310
BR
Engineering BR ABSG Consulting Inc
  		C -100,058 1,883,534 100.000 %   No
(23) ABS Industrial Inspection Services Nigeria Ltd

2 Mosafejo Close Off Oyinkan Abayo
Ikoyi Lagos    
NI
Inspections NI ABSG Consulting Inc
  		C -278,993 638,117 100.000 %   No
(24) ABS InfoLink Pvt Ltd

Pekon Bldg 4th Fl Plot Y/13
Calcutta   700091
IN
Software IN ABS Group of Companies Inc
  		C 207,027 183,972 100.000 %   No
(25) ABS Maritime Services (Hellas) LLC

6 Skouze Street Floor 3A
Piraeus   GR185 36
GR
Services GR ABS Maritime Services Inc
  		C 49,819 539,849 100.000 %   No
(26) ABS QE Japan Inc

1-1 Sakae-Cho Kanagawa-ku
Yokohama   221-0052
JA
Certification Services JA ABS Quality Evaluations Inc
  		C 56,722 1,681,751 100.000 %   No
(27) ABS Quality Evaluations (Chile) SA

Avda Libertad No 1348 Oficina 701
Vina del Mar   000
CI
Engineering Training CI ABS Quality Evaluations Inc
  		C   1,971,957 100.000 %   No
(28) ABS Quality Evaluations Private Limited

B-92 9th Floor 23 Kasturba Gandhi
New Delhi   110001
IN
Inactive IN ABS Quality Evaluations Inc
  		C     100.000 %   No
(29) ABS QE Assurance Services Private Limited

3rd Floor City Ice Building 298 P
Fort Mumbai Maharashtra   400001
IN
Engineering IN ABS Quality Evaluations Inc
  		C -189,706 4,608,625 100.000 %   No
(30) ABSG Consulting de Venezuela CA

Centro Cuidad Comercial Tamanaco
Chuao   1064
VE
Inactive VE ABSG Consulting Inc
  		C     100.000 %   No
(31) ABSG Group de Uruguay SA

25 do Mayo 455 2nd Floor
Montevideo   11000
UY
Engineering UY ABSG Consulting Inc
  		C -111,883 1,601 100.000 %   No
(32) AGS Industrial Technical Services (Shanghai)CoLtd

Rm 1806 Eton Pl No 69 Donfang Rd
Shanghai   200120
CH
Risk Consulting CH ABSG Consulting Inc
  		C -60,818 494,917 100.000 %   No
(33) Quality Resources de Mexico SA de CV

Hamburgo No 254-201 Col Juarez
Mexico City   06600
MX
Engineering MX ABSG Consulting Inc
  		C -531,864 906,313 100.000 %   No
(34) ABS Consulting Services Do Brasil Ltda

1 Hristo Smirnenski Blvd
Sofia   1164
BR
Engineering BR ABS Group of Companies Inc
  		C 21,039 1,024,376 100.000 %   No
(35) ABS Group (B) Sdn Bhd

Registered Entity Only
Bandar Seri Begawan    
BX
Inactive BX ABSG Consulting Inc
  		C     100.000 %   No
(36) ABS QE Assurance Services (UK) Ltd

EQE HouseThe BeaconsWarrington
Cheshire   WA3 6WJ
UK
Engineering UK ABS Quality Evaluations Inc
  		C -233,386 552,648 100.000 %   No
(37) ABS QE Services de Mexico S de RL de CV

Blvd Constitucion No 2100 Piso
Monterrey Nuevo Leon CP   64650
MX
Engineering MX ABS Quality Evaluations Inc
  		C 115,150 2,913,541 100.000 %   No
(38) ABS QE Assurance Services (Spain) SL

Orense No 34 10th Floor
Madrid   28020
SP
Engineering SP ABS Quality Evaluations Inc
  		C -123,368 669,264 100.000 %   No
(39) ABS QE Assurance Services (Saudi Arabia) Ltd

3469 Kaab Ibn Jammar Unit No 7 A
Dammam   32413-6086
SA
Engineering SA ABS Quality Evaluations Inc
  		C -45,413 840,650 100.000 %   No
(40) ABS Quality Evaluations Administration Arabia Comp

3469 Kaab Ibn Jammar Unit No 7 A
Dammam   32413-6086
SA
Inactive SA ABS Quality Evaluations Inc
  		C     100.000 %   No
(41) EQE Consultants South Africa Ltd

PO Box 4381
Vanderbijlpark   1900
SF
Inactive SF ABSG Consulting Inc
  		C     100.000 %   No
(42) ABS Antwerp BVBA

St Katelijnevest 72 9th Floor
Antwerp   B2000
BE
Engineering BE American Bureau of Shipping
  		C 819 35,868 100.000 %   No
(43) ABS Classification Romania Srl

18A Tepes Voda Street 1st Floor
Constantza   900189
RO
Engineering RO American Bureau of Shipping
  		C -95,684 2,270,317 100.000 %   No
(44) ABS Europe Ltd

ABS House No 1 Frying Pan Alley
London   E1 7HR
UK
Engineering UK American Bureau of Shipping
  		C 797,405 93,213,448 100.000 %   No
(45) ABS Group Ltd

EQE HouseThe BeaconsWarrington
Cheshire   WA3 6WJ
UK
Engineering UK American Bureau of Shipping
  		C 53,691 3,399,441 100.000 %   No
(46) ABS Italy SRL

Edificio Millo Via al Porto Antico
Genoa   16128
IT
Engineering IT American Bureau of Shipping
  		C -264,660 32,144,725 100.000 %   No
(47) ABS Limited - Nigeria

Plot 146C Imam Abibu Adetoro Street
Lagos    
NI
Engineering NI American Bureau of Shipping
  		C -674,176 4,250,515 100.000 %   No
(48) ABS Marine Services Ltd

EQE HouseThe BeaconsWarrington
Cheshire   WA3 6WJ
UK
Engineering UK American Bureau of Shipping
  		C 250,299 2,595,535 100.000 %   No
(49) ABS (Mideast) LLC

PO Box 388
Dammam    
SA
Engineering SA American Bureau of Shipping
  		C 3,602,487 34,927,127 100.000 %   No
(50) ABS Professional Services (India) Private Limited

604 Shapath I SGRoad
Ahmedabad   380-060
IN
Risk Consulting IN American Bureau of Shipping
  		C 284,747 4,136,487 100.000 %   No
(51) ABS Qatar LLC

PO Box 405 1st FL C Ring Rd
Doha    
QA
Engineering QA American Bureau of Shipping
  		C 781,411 19,309,272 100.000 %   No
(52) ABS Quality Evaluations Europe Ltd

EQE HouseThe BeaconsWarrington
Cheshire   WA3 6WJ
UK
Inactive UK American Bureau of Shipping
  		C     100.000 %   No
(53) ABS Rotterdam BV

Boompjes 55 4th Floor
Rotterdam   3011 XB
NL
Engineering NL American Bureau of Shipping
  		C 2,070 49,161 100.000 %   No
(54) American Bureau of Shipping (Hong Kong) Ltd

15th Floor Queens Center
Hong Kong   58-64
CH
Engineering CH American Bureau of Shipping
  		C -945,774 996,621 100.000 %   No
(55) American Bureau of Shipping Cameroon Ltd

Immeuble Socar Porte 207 Akwa
Douala   BP15198
CM
Engineering CM American Bureau of Shipping
  		C 110,234 3,047,315 100.000 %   No
(56) American Bureau of Shipping LLC (Oman)

Suite 303 POBox 946 PC130
Muscat    
MU
Engineering MU American Bureau of Shipping
  		C 494,166 8,482,001 100.000 %   No
(57) American Bureau of Shipping Poland Sp Zoo

Al Zwyciestwa 256
Gyndia   81-525
PL
Engineering PL American Bureau of Shipping
  		C -279,186 11,424,129 100.000 %   No
(58) American Bureau of Shipping Rijeka doo

Trg Irvana Kiblera 2
Rijeka   HR-51000
HR
Engineering Services HR American Bureau of Shipping
  		C 23,850 2,048,248 100.000 %   No
(59) American Bureau of Shipping (China) Limited

5th Fl Silver Tower No 85 Taoyua
Shanghai   200021
CH
Engineering CH American Bureau of Shipping
  		C 51,236,198 438,927,430 100.000 %   No
(60) American Bureau of Shipping Taiwan Co Ltd

3F No 146 Songjiang Rd Zhongs
Taipei   104
TW
Engineering TW American Bureau of Shipping
  		C -487,445 7,144,391 100.000 %   No
(61) American Bureau of Shipping Mozambique Limitada

Rua do Comercio no 87
Pemba Cidade    
MZ
Engineering MZ American Bureau of Shipping
  		C 11 85,632 100.000 %   No
(62) ABS Hellenic Ltd

1 Sachtouri St Posidonos Avenue
Kallithea   GR 176 74
GR
Engineering GR American Bureau of Shipping
  		C -1,196,797 67,902,435 100.000 %   No
(63) ABS Central America SA

Williamson Place 0764 IBS Building
Panama    
PM
Engineering PM American Bureau of Shipping
  		C 77,557 6,175,286 100.000 %   No
(64) ABS Classification and Technical Services Private Limited - India

3rd Floor City Ice Building 298
Maharashtra    
IN
Engineering IN American Bureau of Shipping
  		C 3,791 9,589 100.000 %   No
(65) PT ABS Indoclass Pratama

Gedung Sumatra Promotion Centre 7t
Batam    
ID
Engineering ID American Bureau of Shipping
  		C -544,958 2,092,206 100.000 %   No
(66) ABS Trinidad Limited

Eleven Albion Corner Dere and Albi
Port of Spain    
TD
Engineering TD American Bureau of Shipping
  		C 19,187 2,020,362 100.000 %   No
(67) American Bureau of Shipping (Malaysia) Sdn Bhd

2701 27th Floor Menara Multipurp
Kuala Lumpur   50100
MY
Engineering MY American Bureau of Shipping
  		C 584,376 6,776,438 100.000 %   No
(68) ABS Congo Sarl

12th Fl Apt 41 Mayombe Tower Cha
Point Noire    
CF
Engineering CF American Bureau of Shipping
  		C -79,472 187,546 100.000 %   No
(69) ABS Ghana Upstream Limited

Woolworth Building 1st Floor 60 Li
Accra Greater Accra   CT 6217
GH
Engineering GH American Bureau of Shipping
  		C -71,151 1,702,155 100.000 %   No
(70) ABS CLASSIFICATION MALAYSIA SDN BHD

Suite 1005 10th floor Wisma Hamzah
Kuala Lumpur   50100
MY
Engineering MY American Bureau of Shipping
  		C 1,760,906 12,735,739 100.000 %   No
(71) ABS Classification of Shipping (Bangladesh) Ltd

Aziz Court Level-4 88-90 Part
Chattogram    
BG
Engineering BG American Bureau of Shipping
  		C 200,815 437,713 100.000 %   No
(72) American Bureau of Shipping Vietnam Company Limited

Suite 290 Petro Vietnam Tower No
Vung Tau City    
VM
Engineering VM American Bureau of Shipping
  		C 500,762 946,956 100.000 %   No
(73) ABS Ecuador (ABS) SA

Guayas Guayaquil Tarqui Nueve De
Los Rios    
EC
Engineering EC American Bureau of Shipping
  		C 9,771 908,301 100.000 %   No
(74) ABS Consulting (Hellas) SA

6 Skouze Street Floor 3A PO Box
Pireaus   GR 185 36
GR
Engineering GR American Bureau of Shipping
  		C -28,751 70,449 100.000 %   No
(75) ABS Georgetown Classification Inc

Georgetown Station Lot 58 Duncan S
Georgetown    
GY
Engineering GY American Bureau of Shipping
  		C 21,260 978,226 100.000 %   No
(76) American Bureau of Shipping Canada Incorporated

1003-275 Slater Street Ottawa ON
Ontario   K1P 5H9
CA
Engineering CA American Bureau of Shipping
  		C 183,469 9,080,438 100.000 %   No
Schedule R (Form 990) (Rev. 1-2025)
Schedule R (Form 990) (Rev. 1-2025)
Page 3
Part V
Transactions With Related Organizations. Complete if the organization answered "Yes" on Form 990, Part IV, line 34, 35b, or 36.
Note. Complete line 1 if any entity is listed in Parts II, III, or IV of this schedule.
Yes
No
1 During the tax year, did the orgranization engage in any of the following transactions with one or more related organizations listed in Parts II-IV?
a Receipt of (i) interest, (ii) annuities, (iii) royalties, or (iv) rent from a controlled entity .....................
1a
Yes
 
b Gift, grant, or capital contribution to related organization(s) ............................
1b
Yes
 
c Gift, grant, or capital contribution from related organization(s) ............................
1c
 
No
d Loans or loan guarantees to or for related organization(s) ............................
1d
Yes
 
e Loans or loan guarantees by related organization(s) ............................
1e
Yes
 
f Dividends from related organization(s) ............................
1f
Yes
 
g Sale of assets to related organization(s) ............................
1g
 
No
h Purchase of assets from related organization(s) ............................
1h
 
No
i Exchange of assets with related organization(s) ............................
1i
 
No
j Lease of facilities, equipment, or other assets to related organization(s) .......................
1j
Yes
 
k Lease of facilities, equipment, or other assets from related organization(s) ......................
1k
 
No
l Performance of services or membership or fundraising solicitations for related organization(s) .....................
1l
Yes
 
m Performance of services or membership or fundraising solicitations by related organization(s) .................
1m
Yes
 
n Sharing of facilities, equipment, mailing lists, or other assets with related organization(s) ...................
1n
Yes
 
o Sharing of paid employees with related organization(s) ............................
1o
 
No
p Reimbursement paid to related organization(s) for expenses ............................
1p
Yes
 
q Reimbursement paid by related organization(s) for expenses ............................
1q
Yes
 
r Other transfer of cash or property to related organization(s) ............................
1r
 
No
s Other transfer of cash or property from related organization(s) ............................
1s
 
No
2
If the answer to any of the above is "Yes," see the instructions for information on who must complete this line, including covered relationships and transaction thresholds.
(a)
Name of related organization 		(b)
Transaction
type (a-s) 		(c)
Amount involved 		(d)
Method of determining amount involved
(1) ABS (Mideast) LLC

 Q 212,288 Form 5471, Schedule M
(2) ABS (Mideast) LLC

 L 103,860 Form 5471, Schedule M
(3) ABS (Mideast) LLC

 E 1,285,859 Form 5471, Schedule M
(4) ABS (Mideast) LLC

 D 6,852,665 Form 5471, Schedule M
(5) ABS Central America SA

 L 1,902,228 Form 5471, Schedule M
(6) ABS CLASSIFICATION MALAYSIA SDN BHD

 Q 142,701 Form 5471, Schedule M
(7) ABS CLASSIFICATION MALAYSIA SDN BHD

 M 1,774,564 Form 5471, Schedule M
(8) ABS CLASSIFICATION MALAYSIA SDN BHD

 L 1,500,234 Form 5471, Schedule M
(9) ABS CLASSIFICATION MALAYSIA SDN BHD

 E 999,304 Form 5471, Schedule M
(10) ABS CLASSIFICATION MALAYSIA SDN BHD

 D 687,840 Form 5471, Schedule M
(11) ABS Classification Romania Srl

 L 651,677 Form 5471, Schedule M
(12) ABS Classification Romania Srl

 D 76,688 Form 5471, Schedule M
(13) ABS Congo Sarl

 D 182,829 Form 5471, Schedule M
(14) ABS Consulting (S) Pte Ltd

 L 393,264 Form 5471, Schedule M
(15) ABS Consulting (S) Pte Ltd

 E 387,438 Form 5471, Schedule M
(16) ABS Consulting Services Do Brasil Ltda

 L 267,881 Form 5471, Schedule M
(17) ABS Consulting Ltd

 L 99,310 Form 5471, Schedule M
(18) ABS Ecuador (ABS) SA

 L 228,491 Form 5471, Schedule M
(19) ABS Europe Ltd

 M 265,236 Form 5471, Schedule M
(20) ABS Europe Ltd

 L 54,431,915 Form 5471, Schedule M
(21) ABS Europe Ltd

 D 62,899,552 Form 5471, Schedule M
(22) ABS Georgetown Classification Inc

 L 483,921 Form 5471, Schedule M
(23) ABS Ghana Upstream Limited

 E 1,105,929 Form 5471, Schedule M
(24) ABS Group Services (Canada) Ltd

 E 129,039 Form 5471, Schedule M
(25) ABS Group Services de Mexico SA De CV

 D 1,961,232 Form 5471, Schedule M
(26) ABS Group Services do Brasil Ltda

 E 562,975 Form 5471, Schedule M
(27) ABS Group Ltd

 D 365,668 Form 5471, Schedule M
(28) ABS Hellenic Ltd

 L 18,617,765 Form 5471, Schedule M
(29) ABS Hellenic Ltd

 E 124,751 Form 5471, Schedule M
(30) ABS Hellenic Ltd

 D 3,130,262 Form 5471, Schedule M
(31) ABS Industrial Inspection Services Nigeria Ltd

 E 2,965,498 Form 5471, Schedule M
(32) ABS Italy SRL

 L 8,211,003 Form 5471, Schedule M
(33) ABS Italy SRL

 E 75,152 Form 5471, Schedule M
(34) ABS Italy SRL

 D 4,366,960 Form 5471, Schedule M
(35) ABS Limited - Nigeria

 L 1,512,215 Form 5471, Schedule M
(36) ABS Limited - Nigeria

 D 3,340,912 Form 5471, Schedule M
(37) ABS Marine Services Ltd

 L 326,377 Form 5471, Schedule M
(38) ABS Marine Services Ltd

 E 159,933 Form 5471, Schedule M
(39) ABS Marine Services Ltd

 D 141,189 Form 5471, Schedule M
(40) ABS Maritime Services (Hellas) LLC

 E 1,054,032 Form 5471, Schedule M
(41) ABS Professional Services (India) Private Limited

 L 7,029,039 Form 5471, Schedule M
(42) ABS Qatar LLC

 Q 74,068 Form 5471, Schedule M
(43) ABS Qatar LLC

 L 297,214 Form 5471, Schedule M
(44) ABS Qatar LLC

 E 85,134 Form 5471, Schedule M
(45) ABS Qatar LLC

 D 7,338,215 Form 5471, Schedule M
(46) ABS TRINIDAD LIMITED

 L 647,245 Form 5471, Schedule M
(47) ABS TRINIDAD LIMITED

 E 203,334 Form 5471, Schedule M
(48) AGS Industrial Technical Services (Shanghai)CoLtd

 E 171,344 Form 5471, Schedule M
(49) American Bureau of Shipping (China) Limited

 M 47,689,857 Form 5471, Schedule M
(50) American Bureau of Shipping (China) Limited

 L 119,786,763 Form 5471, Schedule M
(51) American Bureau of Shipping (China) Limited

 E 10,765,150 Form 5471, Schedule M
(52) American Bureau of Shipping (China) Limited

 D 80,099,965 Form 5471, Schedule M
(53) American Bureau of Shipping (Hong Kong) Ltd

 L 230,051 Form 5471, Schedule M
(54) American Bureau of Shipping (Hong Kong) Ltd

 E 3,699,685 Form 5471, Schedule M
(55) American Bureau of Shipping (Hong Kong) Ltd

 D 286,035 Form 5471, Schedule M
(56) American Bureau of Shipping (Malaysia) Sdn Bhd

 Q 56,103 Form 5471, Schedule M
(57) American Bureau of Shipping (Malaysia) Sdn Bhd

 M 138,014 Form 5471, Schedule M
(58) American Bureau of Shipping (Malaysia) Sdn Bhd

 L 546,822 Form 5471, Schedule M
(59) American Bureau of Shipping (Malaysia) Sdn Bhd

 D 3,408,236 Form 5471, Schedule M
(60) American Bureau of Shipping Cameroon Ltd

 L 1,435,024 Form 5471, Schedule M
(61) American Bureau of Shipping Cameroon Ltd

 E 3,003,071 Form 5471, Schedule M
(62) American Bureau of Shipping Canada Incorporated

 L 6,264,850 Form 5471, Schedule M
(63) American Bureau of Shipping Poland Sp Zoo

 L 3,889,922 Form 5471, Schedule M
(64) American Bureau of Shipping Poland Sp Zoo

 E 636,471 Form 5471, Schedule M
(65) American Bureau of Shipping Rijeka doo

 L 459,677 Form 5471, Schedule M
(66) American Bureau of Shipping Rijeka doo

 D 259,095 Form 5471, Schedule M
(67) American Bureau of Shipping Taiwan Co Ltd

 Q 96,400 Form 5471, Schedule M
(68) American Bureau of Shipping Taiwan Co Ltd

 M 129,240 Form 5471, Schedule M
(69) American Bureau of Shipping Taiwan Co Ltd

 D 2,664,939 Form 5471, Schedule M
(70) American Bureau of Shipping Vietnam Company Limited

 L 2,353,913 Form 5471, Schedule M
(71) American Bureau of Shipping LLC (Oman)

 L 100,288 Form 5471, Schedule M
(72) American Bureau of Shipping LLC (Oman)

 D 3,503,868 Form 5471, Schedule M
(73) PT ABS Indoclass Pratama

 M 467,248 Form 5471, Schedule M
(74) PT ABS Indoclass Pratama

 L 1,527,270 Form 5471, Schedule M
(75) PT ABS Indoclass Pratama

 E 543,296 Form 5471, Schedule M
(76) PT ABS Indoclass Pratama

 D 775,058 Form 5471, Schedule M
Schedule R (Form 990) (Rev. 1-2025)
Schedule R (Form 990) (Rev. 1-2025)
Page 4
Part VI
Unrelated Organizations Taxable as a Partnership. Complete if the organization answered "Yes" on Form 990, Part IV, line 37.
Provide the following information for each entity taxed as a partnership through which the organization conducted more than five percent of its activities (measured by total assets or gross revenue) that was not a related organization. See instructions regarding exclusion for certain investment partnerships.
(a)
Name, address, and EIN of entity 		(b)
Primary activity 		(c)
Legal domicile
(state or foreign
country) 		(d)
Predominant income (related, unrelated, excluded from tax under sections 512-514)

(e)
Are all partners
section
501(c)(3)
organizations? 		(f)
Share of total income




 		(g)
Share of
end-of-year
assets 		(h)
Disproprtionate allocations? 		(i)
Code V-UBI
amount in box 20
of Schedule K-1
(Form 1065) 		(j)
General or
managing
partner? 		(k)
Percentage
ownership
Yes No Yes No Yes No






























Schedule R (Form 990) (Rev. 1-2025)
Schedule R (Form 990) (Rev. 1-2025)
Page 5
Part VII
Supplemental Information
Provide additional information for responses to questions on Schedule R. See instructions.
Return Reference Explanation
Schedule R (Form 990) (Rev. 1-2025)

Additional Data


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