American Gas Association
- Assets
- $59.9m
- Revenue
- $36.7m
- Investments
- $0.0
- Employees
- 104
- Location
- Washington, DC
- Founding
- 05/1938
- Data as of
- 12/2022
- EIN
- 13-0431590
Organization Overview
American Gas Association is located in Washington, DC. The organization was established in 1938. According to its NTEE Classification (W03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2022, American Gas Association employed 104 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Gas Association 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 12/2022, American Gas Association generated $36.7m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.7% each year. All expenses for the organization totaled $37.0m during the year ending 12/2022. While expenses have increased by 0.9% 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.
Since 2014, American Gas Association has awarded 235 individual grants totaling $4,331,266. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
AGA IS AN ADVOCATE FOR NATURAL GAS UTILITY COMPANIES AND THEIR CUSTOMERS. AGA HELPS NATURAL GAS UTILITIES ACHIEVE OPERATIONAL EXCELLENCE IN THE SAFE, RELIABLE AND EFFICIENT DELIVERY OF NATURAL GAS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATIONS & ENGINEERING - THE OPERATIONS AND ENGINEERING SECTION INCLUDES 17 TECHNICAL COMMITTEES WHOSE WORK IS OVERSEEN BY A MANAGING COMMITTEE. THESE COMMITTEES FOCUS ON HELPING NATURAL GAS UTILITIES ACHIEVE OPERATIONAL EXCELLENCE IN THE SAFE, RELIABLE AND EFFICIENT DELIVERY OF NATURAL GAS.
GOVERNMENT RELATIONS - PROVIDES AGA MEMBERS WITH INFORMATION ON LEGISLATIVE DEVELOPMENTS; PREPARES COMMENTS AND FILINGS REGARDING LEGISLATIVE ACTIVITIES, AND REPRESENTS THE INDUSTRY BEFORE CONGRESS AND AGENCIES. GOVERNMENT RELATIONS EFFORTS FOCUS ON PROPOSED LEGISLATION.
MEMBERSHIP & STRATEGIC DEVELOPMENT HELPS TO ENSURE AGA'S MISSION IS WELL-ALIGNED WITH THE MEMBERSHIP'S NEEDS TO SERVE THEIR CUSTOMERS. MEMBERSHIP & STRATEGIC DEVELOPMENT ALSO PROVIDES OPPORTUNITIES FOR INTERACTION BETWEEN MEMBER COMPANIES AND THE FINANCIAL COMMUNITY AND IS INTEGRALLY INVOLVED IN THE ASSOCIATION'S ENVIRONMENT, SOCIAL AND GOVERNANCE (ESG) INITIATIVES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Karen Harbert President & CEO | OfficerTrustee | 35 | $3,769,098 |
Kimberly S Greene Chair | OfficerTrustee | 5 | $0 |
Suzanne Sitherwood First Vice Chair | OfficerTrustee | 4 | $0 |
Jerry Norcia Second Vice Chair | OfficerTrustee | 3 | $0 |
David H Anderson Immediate Past Chair | Trustee | 2 | $0 |
Kurt Adams Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Rational Pr Llc Communications Support | 12/30/22 | $228,000 |
Exhibit Promotions Plus Professional Exhibition Organizer | 12/30/22 | $195,944 |
The Ygs Group Online Magazine Production & Design Serv | 12/30/22 | $186,758 |
The Morning Consult Llc Research Support | 12/30/22 | $180,000 |
Reichman Jorgensen Llp Legal Services | 12/30/22 | $171,000 |
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 | $34,691,909 |
| Investment income | $527,407 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $1,375,559 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $129,954 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $36,724,829 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $555,935 |
| 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. | $8,404,138 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $9,889,566 |
| Pension plan accruals and contributions | $243,998 |
| Other employee benefits | $977,203 |
| Payroll taxes | $1,077,219 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,005,780 |
| Fees for services: Accounting | $174,556 |
| Fees for services: Lobbying | $171,435 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $38,309 |
| Fees for services: Other | $3,054,337 |
| Advertising and promotion | $255,606 |
| Office expenses | $764,123 |
| Information technology | $503,338 |
| Royalties | $0 |
| Occupancy | $1,599,051 |
| Travel | $968,734 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $4,536,457 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $716,008 |
| Insurance | $309,548 |
| All other expenses | $205,493 |
| Total functional expenses | $36,971,511 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $7,145,855 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,230,821 |
| 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 | $1,510,141 |
| Net Land, buildings, and equipment | $4,248,105 |
| Investments—publicly traded securities | $33,030,757 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $12,762,419 |
| Total assets | $59,928,098 |
| Accounts payable and accrued expenses | $4,752,246 |
| Grants payable | $0 |
| Deferred revenue | $7,406,428 |
| 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 | $0 |
| Other liabilities | $20,929,105 |
| Total liabilities | $33,087,779 |
| Net assets without donor restrictions | $26,840,319 |
| 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 | $59,928,098 |
Grants Awarded
Over the last fiscal year, American Gas Association has awarded $520,935 in support to 26 organizations.
| Grant Recipient | Amount |
|---|---|
PARTNERS FOR ENERGY PROGRESS PURPOSE: SUPPORT | $75,000 |
COLORADANS FOR ENERGY ACCESS PURPOSE: SUPPORT | $50,000 |
INTERNATIONAL CODE COUNCIL INC PURPOSE: SPONSORSHIP | $32,500 |
INDEPENDENT PETROLEUM ASSOC OF AMERICA PURPOSE: SUPPORT | $26,250 |
COMMON GROUND ALLIANCE PURPOSE: SPONSORSHIP | $25,000 |
CSG WEST PURPOSE: SPONSORSHIP | $25,000 |