Oil Heat Institute Inc

Organization Overview

Oil Heat Institute Inc is located in Warren, RI. The organization was established in 1988. According to its NTEE Classification (W80) the organization is classified as: Public Utilities, under the broad grouping of Public & Societal Benefit and related organizations. As of 05/2023, Oil Heat Institute Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Oil Heat Institute 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 05/2023, Oil Heat Institute Inc generated $239.3k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 7.0% each year. All expenses for the organization totaled $251.7k during the year ending 05/2023. While expenses have increased by 10.7% per year over the past 8 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

THE OIL HEAT INSTITUTE, INC. PROMOTES THE SALE OF OIL HEAT AND PROTECTS AND FOSTERS THE BEST INTEREST OF THE CONSUMER. THE INSTITUTE ACTS TO EXPLAIN INFORMATION TO MEMBERS OF THE OIL HEAT INDUSTRY AND THE CONSUMING PUBLIC. THE INSTITUTE ACTS TO PROMOTE REASONABLE LAWS, ORDINANCES, AND REGULATIONS AFFECTING THE PETROLEUM INDUSTRY IN GENERAL AND TO OPPOSE UNREASONABLE LAWS, ORDINANCES AND REGULATIONS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE OIL HEAT INSTITUTE, INC. PROMOTES THE SALE OF OIL HEAT AND PROTECTS AND FOSTERS THE BEST INTEREST OF THE CONSUMER. THE INSTITUTE ACTS TO EXPLAIN INFORMATION TO MEMBERS OF THE OIL HEAT INDUSTRY AND THE CONSUMING PUBLIC. THE INSTITUTE ACTS TO PROMOTE REASONABLE LAWS, ORDINANCES, AND REGULATIONS AFFECTING THE PETROLEUM INDUSTRY IN GENERAL AND TO OPPOSE UNREASONABLE LAWS, ORDINANCES AND REGULATIONS.


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Board, Officers & Key Employees

Name (title)Compensation
Diane E Quesnelle
Executive Dir.
$87,550
Michael Januario
Director
$0
Nicholas J Micheletti
Director
$0
Steven H Kitchin
Director
$0
Marjorie Wong
Director
$0
James Densmore
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
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$0
Total Program Service Revenue$226,575
Investment income $4,525
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $8,209
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $239,309

Peer Organizations

Organization NameAssets
Citizens Energy Corp
Boston, MA
$1,841,369
Northeast Public Power Association
Littleton, MA
$3,168,903
Boston Community Access & Programming Foundation Inc
Roxbury, MA
$3,169,094
South Central Connecticut Regional Water Authority Retired Employees
New Haven, CT
$2,213,488
New England States Committee On Electricity
Osterville, MA
$1,523,021
New England Power Generators Association Inc
Westborough, MA
$1,366,286
Utility Contractors Association Of New England Inc
Quincy, MA
$1,574,721
Independent Electrical Contractors Inc
Rocky Hill, CT
$952,712
National Electrical Contractors Of Assn Inc
Berlin, CT
$743,526
Rhode Island Public Expenditure Council
Providence, RI
$698,874
Peoples Solar Energy Fund
Florence, MA
$754,677
Canton Cable Access Corporation
Canton, MA
$647,088
Retiree Medical And Life Insurance Plan For Former Consumers And Amer
Providence, RI
$286,871
National Electrical Contractors Association
Warwick, RI
$479,799
Access Bellingham Inc
Bellingham, MA
$429,014
Northeast Energy And Commerce Association Inc
Needham, MA
$399,794
Medfield Community Cable Access Corporation
Medfield, MA
$325,092
Massachusetts Electrical Contractors Association Inc
Dedham, MA
$581,694
Oil Heat Institute Inc
Warren, RI
$239,309
Utility Contractors Association Of Connecticut Inc
Avon, CT
$0
Connecticut Water Works Association Inc
Durham, CT
$0
National Electrical Contractors Association Inc
Springfield, MA
$0
Regional Water Authority Employees Credit Union Inc
New Haven, CT
$132,391
Municipal Electric Assn Of Massachusettes Inc
Littleton, MA
$0
Juniper Hill Water Company Inc
Stow, MA
$0

Create an account to unlock the data you need.

or