Northeast Gas Association Inc
- Assets
- $15.8m
- Revenue
- $17.6m
- Investments
- $0.0
- Employees
- 23
- Location
- Needham, MA
- Founding
- 12/1939
- Data as of
- 12/2021
- EIN
- 04-1662000
Organization Overview
Northeast Gas Association Inc is located in Needham, MA. The organization was established in 1939. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, Northeast Gas Association Inc employed 23 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Northeast Gas Association Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2021, Northeast Gas Association Inc generated $17.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.2% each year. All expenses for the organization totaled $17.5m during the year ending 12/2021. While expenses have increased by 7.5% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
A TRADE ASSOCIATION FOR THE NATURAL GAS INDUSTRY PROVIDING EDUCATION, TESTING & QUALIFICATION, TRAINING & RESEARCH & DEVELOPMENT, AND ENCOURAGING THE DEVELOPMENT OF THE INDUSTRY TOWARD INCREASING ITS USEFULNESS AND SERVICE TO THE PUBLIC.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ASSOCIATION MANAGED AND OVERSAW A NUMBER OF ONGOING AND NEW RESEARCH PROJECTS RELATED TO TECHNOLOGICAL ADVANCES IN THE NATURAL GAS SERVICE INDUSTRY.
TRAINING AND CERTIFICATION PROGRAMS FOR PROFESSIONALS IN THE GAS FIELD, MOST NOTABLY OPERATOR QUALIFICATION AND PIPE JOINING QUALIFICATION WHICH NGA THROUGH ITS PREDECESSOR ORGANIZATIONS - NEGA AND NYGAS - HAS HAD A PROGRAM ON OPERATOR QUALIFICATION (OQ) SINCE 1998. OQ IS A REGULATION OF THE OFFICE OF PIPELINE SAFETY OF THE U.S. DEPARTMENT OF TRANSPORTATION (DOT). IT REQUIRES PIPELINE OPERATORS TO DEVELOP AND MAINTAIN A WRITTEN QUALIFICATION PROGRAM FOR INDIVIDUALS PERFORMING COVERED TASKS ON PIPELINE FACILITIES. THE INTENT OF THIS QUALIFICATION IS TO ENSURE A QUALIFIED WORKFORCE AND TO REDUCE THE PROBABILITY AND CONSEQUENCE OF INCIDENTS CAUSED BY HUMAN ERROR.
SUBSRCIPTIONS AND PUBLICATIONS ON CHANGES AND DEVELOPMENTS RELATED TO THE GAS INDUSTRY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kiley Thomas Former President | 40 | $541,442 | |
Jose Costas VP Of Operations | Officer | 40 | $348,456 |
Daphne Mendolia VP Rd&d | Officer | 40 | $326,036 |
Paul C Armstrong VP Training & Qualificatio | Officer | 40 | $315,361 |
Robert D Wilson VP Special Projects | Officer | 40 | $257,483 |
Stephen Leahy VP Policy & Analysis | Officer | 40 | $240,050 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Greatblue Research 4 Year Pipeline Effectiveness Study | 12/30/21 | $415,946 |
Aipe Advertising & Media Media Campaigns | 12/30/21 | $397,360 |
Cliftonlarsonallen Llp Accounting Services | 12/30/21 | $387,487 |
Sutton Magidoff Barkume Llp Legal Services | 12/30/21 | $188,446 |
Alan Rudnai Asceetapartners Llc Speaker Fees | 12/30/21 | $103,199 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $1,777,582 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,777,582 |
| Total Program Service Revenue | $15,309,926 |
| Investment income | $21,931 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $25,346 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $45,686 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $17,592,560 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $697,908 |
| Compensation of current officers, directors, key employees. | $697,908 |
| Compensation to disqualified persons | $2,618,589 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $581,663 |
| Other employee benefits | $0 |
| Payroll taxes | $217,320 |
| Fees for services: Management | $4,744 |
| Fees for services: Legal | $209,897 |
| Fees for services: Accounting | $437,142 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $149,704 |
| Advertising and promotion | $0 |
| Office expenses | $212,929 |
| Information technology | $212,352 |
| Royalties | $0 |
| Occupancy | $291,354 |
| Travel | $271,491 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $5,771,441 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $56,252 |
| Insurance | $72,842 |
| All other expenses | $348,943 |
| Total functional expenses | $17,500,371 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $924,860 |
| Savings and temporary cash investments | $7,389,274 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $5,438,604 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $267,016 |
| Net Land, buildings, and equipment | $48,374 |
| Investments—publicly traded securities | $581,772 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,180,412 |
| Total assets | $15,830,312 |
| Accounts payable and accrued expenses | $2,332,216 |
| Grants payable | $0 |
| Deferred revenue | $4,453,505 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $512,300 |
| Other liabilities | $1,106,288 |
| Total liabilities | $8,404,309 |
| Net assets without donor restrictions | $7,426,003 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $15,830,312 |
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