Propane Gas Association Of Ne Inc
- Assets
- $1.3m
- Revenue
- $2.4m
- Investments
- $0.0
- Employees
- 4
- Location
- Epsom, NH
- Founding
- 00/0000
- Data as of
- 12/2022
- EIN
- 22-3048763
Organization Overview
Propane Gas Association Of Ne Inc is located in Epsom, NH. The organization was established in 0000. According to its NTEE Classification (S46) the organization is classified as: Boards of Trade, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2022, Propane Gas Association Of NE Inc employed 4 individuals. Propane Gas Association Of NE 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 12/2022, Propane Gas Association Of NE Inc generated $2.4m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.3% each year. All expenses for the organization totaled $2.1m during the year ending 12/2022. While expenses have increased by 3.5% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE THE SAFE USE AND OPERATION OF PROPANE GAS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE PROPANE GAS ASSOCIATION OF NEW ENGLAND IS A REGIONAL ALTERNATIVE ENERGY TRADE ASSOCIATION REPRESENTING MEMBERS OF THE PROPANE INDUSTRY IN THE SIX NEW ENGLAND STATES. WE EXIST TO SERVE THE PROPANE INDUSTRY BY PROMOTING SAFETY, EDUCATION, AND PUBLIC AWARENESS OF THE USES AND ENVIRONMENTAL AND HEALTH BENEFITS OF PROPANE. OUR CORE ACTIVITIES INCLUDE EDUCATING, INFORMING, LOBBYING, AND INFLUENCING A VARIETY OF STAKEHOLDERS ABOUT THE BENEFITS OF PROPANE, EXPANDING PROPANE MARKETS AND USES, PROMOTING COMPLIANCE WITH STANDARDS AND GOOD BUSINESS PRACTICES AMONG OUR MEMBER COMPANIES, AND FACILITATING KNOWLEDGE TRANSFER, THOUGHT LEADERSHIP, AND INNOVATION THROUGH NETWORKING.OUR MEMBERSHIP INCLUDES THE NATION'S LARGEST PROPANE COMPANIES AND NUMEROUS SMALL COMPANIES THAT ARE OFTEN FAMILY-OWNED AND OPERATED, MANY FOR SEVERAL GENERATIONS. REGULAR COMMUNICATION WITH OUR MEMBERSHIP, ONGOING EDUCATIONAL OFFERINGS, AND ADVOCACY IN THE SIX-STATE CAPITALS FOR BUSINESS-FRIENDLY LEGISLATION WHICH CONTINUES TO PROMOTE CLEAN ENERGY AND PUBLIC AND EMPLOYEE SAFETY ARE SOME OF OUR REGULAR ACTIVITIES. WE MEET SEVERAL TIMES EACH YEAR AND ARE RUN BY A BOARD OF DIRECTORS CONSISTING OF TWENTY-FIVE MEMBERS. OUR SMALL STAFF OF FOUR FULL-TIME ASSOCIATES WORK DILIGENTLY TO PROVIDE VALUE TO OUR MEMBERS AND THE GENERAL PUBLIC. WE OFTEN FIELD QUESTIONS AND DIRECT MEMBERS AND CONSUMERS TO THE APPROPRIATE SOURCES FOR HELP IF WE CANNOT HELP THEM OURSELVES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steve Chase Director | OfficerTrustee | 1 | $0 |
Peter Iacobucci Director | Trustee | 1 | $0 |
Jim Van Uden Director | Trustee | 1 | $0 |
Charlie Ermer Director | Trustee | 1 | $0 |
Glenn Noble Director | Trustee | 1 | $0 |
Joe Trefethan 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 | $673,112 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $673,112 |
| Total Program Service Revenue | $1,610,327 |
| Investment income | $12,446 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $4,800 |
| Net Gain/Loss on Asset Sales | $2,895 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,421,714 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $100 |
| 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. | $240,083 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $208,335 |
| Pension plan accruals and contributions | $6,262 |
| Other employee benefits | $25,782 |
| Payroll taxes | $31,105 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $8,189 |
| Fees for services: Lobbying | $165,527 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $4,217 |
| Fees for services: Other | $7,197 |
| Advertising and promotion | $0 |
| Office expenses | $59,658 |
| Information technology | $6,740 |
| Royalties | $0 |
| Occupancy | $12,426 |
| Travel | $34,326 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $87,339 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $25,273 |
| Insurance | $7,968 |
| All other expenses | $105,894 |
| Total functional expenses | $2,125,515 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,615 |
| Savings and temporary cash investments | $330,245 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $367,965 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $4,081 |
| Prepaid expenses and deferred charges | $26,928 |
| Net Land, buildings, and equipment | $128,697 |
| Investments—publicly traded securities | $428,218 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $664 |
| Total assets | $1,290,413 |
| Accounts payable and accrued expenses | $52,416 |
| Grants payable | $0 |
| Deferred revenue | $28,300 |
| 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 | $80,716 |
| Net assets without donor restrictions | $1,209,697 |
| 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 | $1,290,413 |