New York State Oil Producers Association Inc is located in Bolivar, NY. The organization was established in 1993. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New York State Oil Producers 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, New York State Oil Producers Association Inc generated $20.6k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 14.5% each year . All expenses for the organization totaled $22.3k during the year ending 12/2021. 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
TO CREATE AND MAINTAIN CONSTRUCTIVE COMRADERY AND COMMUNICAE WITH ELECTED OFFICIALS AND REGULATORY AGENCIES TO PROPOSE, ENACT OR ENFORCE LEGISLATION. ADDITIONALLY, THE ORGANIZATION SUPPORTS PUBLIC AWARENESS OF INDUSTRY ISSUES, AND SUPPORTS THROUGH SCHOLARSHIP FUNDING, STUDENTS INTERESTED IN THE OIL INDUSTRY OR RELATED FIELD OF STUDY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEMBERSHIP INCLUDES APPROXIMATELY 150 WHO ARE ENGAGED IN THE OIL PRODUCING AND RELATED INDUSTRIES. PURPOSE OF ORGANIZATION IS TO CREATE AND MAINTAIN CONSTRUCTIVE COMRADERY AND COMMUNICAE WITH ELECTED OFFICIALS AND REGULATORY AGENCIES TO PROPOSE, ENACT, OR ENFORCE LEGISLATION. ADDITIONALLY, THE ORG. SUPPORTS PUBLIC AWARENESS OF INDUSTRY ISSUES, AND SUPPORTS THROUGH SCHOLARSHIP FUNDING STUDENTS INTERESTED IN THE OIL INDUSTRY OR RELATED FIELD OF STUDY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Stephen D Plants Pres | OfficerTrustee | 2 | $6,200 |
James Day Treasurer | OfficerTrustee | 4 | $5,000 |
William Yahn Secretary | OfficerTrustee | 2 | $2,600 |
Paul Plants VP | OfficerTrustee | 2 | $0 |
Joseph J Bucher Director | Trustee | 1 | $0 |
Jim Gabriel Director | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $4,800 |
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 | $4,800 |
Total Program Service Revenue | $0 |
Investment income | $13,108 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $2,660 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $20,568 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $400 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $3,300 |
Compensation of current officers, directors, key employees. | $13,800 |
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 | $1,505 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $65 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $0 |
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 | $2,130 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $22,257 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $4,000 |
Savings and temporary cash investments | $153 |
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 | $272,658 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $276,811 |
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 | $276,811 |
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 | $276,811 |
Over the last fiscal year, New York State Oil Producers Association Inc has awarded $9,009 in support to 6 organizations.
Grant Recipient | Amount |
---|---|
PIONEER OIL MUSEUM | | | $2,959 |
Alfred, NY | | $1,500 |
HOUGHTON COLLEGE | | | $1,500 |
UNIVERSITY OF PITTSBURGH | | | $1,500 |
ST BONAVENTURE UNIVERSITY | | | $1,500 |
ANDOVER 4TH OF JULY | | | $50 |
Organization Name | Assets | Revenue |
---|---|---|
Gs1 Go Gsmp Inc Ewing, NJ | $1,816,675 | $9,656,925 |
Rockland Paradmedic Services Inc Chestnut Ridge, NY | $9,826,544 | $8,654,302 |
Valley Forge Convention & Visitors Bureau Ltd King Of Prussia, PA | $5,553,675 | $9,336,877 |
New York State Society Of Cpas New York, NY | $15,747,345 | $10,100,943 |
My Sisters Place Inc White Plains, NY | $7,100,374 | $7,997,119 |
The Partnership For New York City Inc New York, NY | $50,256,117 | $10,277,356 |
Cat Nms Llc New York, NY | $0 | $6,303,484 |
Iab Technology Laboratory Inc New York, NY | $6,942,203 | $8,765,752 |
Hotel Association Of New York City Inc New York, NY | $10,787,267 | $6,155,523 |
The National Academy Of Television Arts And Sciences Inc New York, NY | $5,641,470 | $7,599,158 |
Council Of The Americas Inc New York, NY | $5,218,204 | $7,617,937 |
Materials Research Society Warrendale, PA | $13,527,707 | $7,097,114 |