Independent Oil And Gas Association Of New York Inc
- Assets
- $77.0k
- Revenue
- $76.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Mayville, NY
- Founding
- 10/1983
- Data as of
- 12/2021
- EIN
- 16-1155388
Organization Overview
Independent Oil And Gas Association Of New York Inc is located in Mayville, NY. The organization was established in 1983. According to its NTEE Classification (S01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Independent Oil And Gas Association Of New York 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, Independent Oil And Gas Association Of New York Inc generated $76.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (16.4%) each year. All expenses for the organization totaled $49.6k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (22.1%) per year over the past 7 years. 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
PROMOTE COMMON INTERESTS OF OIL AND GAS PRODUCERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEMBER SERVICES: THE ORGANIZATION PROVIDES TECHNOLOGY TRANSFER TO ITS MEMBERS, NETWORKING OPPORTUNITIES, ADVERTISING, SPONSORSHIPS, AND EXHIBITING THROUGH HOSTING MEETINGS THROUGHOUT THE YEAR. IOGANY DISTRIBUTES A QUARTERLY NEWSLETTER, AN INDUSTRY TRADE PUBLICATION, AND DAILY/WEEKLY ELECTRONIC TRANSMISSIONS OF PERTINENT INDUSTRY NEWS, E-ADVOCACY CAMPAIGNS AND ACTION ALERT NOTIFICATIONS. IOGANY PROVIDES UPDATES TO ITS MEMBERS ON REGULATORY AND LEGISLATIVE ISSUES AFFECTING THE INDUSTRY THROUGH REGULAR MEMBER MEETINGS AS WELL AS FOCUSED SCOPING MEETINGS AND WORKSHOPS. THE ASSOCIATION INTERACTS WITH LOCAL, STATE AND FEDERAL AGENCIES ON BEHALF OF THE OIL AND GAS INDUSTRY IN NEW YORK STATE.
MEDIA RELATIONS: IOGANY CONDUCTS PUBLIC AND COMMUNITY OUTREACH EFFORTS THROUGH ENGAGING THE MEDIA IN REPORTER INTERVIEWS, RESPONDS TO WRITTEN ARTICLES, CONDUCTS RADIO AND TELEVISION INTERVIEWS, LETTER TO EDITOR RESPONSES, EDITORIAL BOARD MEETINGS, AND DIRECT CORRESPONDENCE WITH NEWSPAPERS AND MAGAZINES. IOGANY ALSO CONDUCTS PRESS CONFERENCES, MEDIA CONFERENCE CALLS, AND CONTINUALLY ENGAGES THE MEDIA IN ALL ISSUES AFFECTING THE INDUSTRY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mary Gilstrap President (eff 5/21) | OfficerTrustee | 1 | $0 |
Gary Marchiori Vice President | OfficerTrustee | 1 | $0 |
Tim Hull Treasurer Eff 521 President (thru 5/21) | OfficerTrustee | 1 | $0 |
Alan Laurita Director (eff 5/21); Treasurer (thru 5/21) | OfficerTrustee | 1 | $0 |
Dave White Secretary | OfficerTrustee | 1 | $0 |
Chad Bugman Director | Trustee | 1 | $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 | $17,600 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $17,600 |
| Total Program Service Revenue | $58,980 |
| Investment income | $9 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $76,589 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $30,669 |
| Advertising and promotion | $0 |
| Office expenses | $1,027 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $12,212 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,690 |
| All other expenses | $0 |
| Total functional expenses | $49,623 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $77,011 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $77,011 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $77,011 |
| 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 | $77,011 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
United States Council For International Business New York, NY | $8,377,861 | $9,810,410 |
New Jersey Association Of Realtors Trenton, NJ | $35,262,029 | $9,547,353 |
Long Island Board Of Realtors Inc West Babylon, NY | $32,824,680 | $7,922,994 |
German American Chamber Of Commerce Inc New York, NY | $3,820,432 | $6,890,973 |
Buffalo Niagara Convention & Vistors Bureau Inc Buffalo, NY | $3,394,435 | $6,164,269 |
Lake Placid Chamber Of Commerce Inc Lake Placid, NY | $4,857,333 | $6,938,582 |
Economic Development Council Of Western Massachusetts Inc Springfield, MA | $1,229,213 | $5,047,431 |
Independent Drivers Guild Inc Long Island City, NY | $5,104,857 | $7,835,962 |
Greater Lehigh Valley Chamber Of Commerce Easton, PA | $3,461,943 | $5,381,256 |
World Trade Centers Association Inc New York, NY | $23,293,174 | $7,185,978 |
Building Contractors Association Inc New York, NY | $2,719,541 | $4,963,157 |
Pension Real Estate Association Hartford, CT | $6,735,705 | $4,410,849 |