Independent Oil And Gas Association Of New York Inc
- Assets
- $112.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Mayville, NY
- Founding
- 10/1983
- Data as of
- 12/2023
- 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 12/2023, Independent Oil And Gas Association Of New York Inc generated $68.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (14.1%) each year. All expenses for the organization totaled $56.1k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (16.6%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
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
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 |
|---|---|---|---|
Tim Hull President Eff 1023 Treasurer | 1 | $0 | |
Gary Marchiori Vice President | 1 | $0 | |
Mary Gilstrap Secretary | 1 | $0 | |
Chad Bugman Director | 1 | $0 | |
Doug Dixon Director | 1 | $0 | |
Dennis Holbrook Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,740 |
| Total Program Service Revenue | $57,631 |
| Membership dues | $0 |
| Investment income | $126 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $68,497 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $38,438 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $17,615 |
| Total expenses | $56,053 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $112,243 |
| Other assets | $0 |
| Total assets | $112,243 |
| Total liabilities | $0 |
| Net assets or fund balances | $112,243 |