Eastern Section Of The Amer Assoc Of Petroleum Geologists
- Assets
- $303.6k
- Revenue
- $128.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Champaign, IL
- Founding
- 11/1973
- Data as of
- 12/2019
- EIN
- 23-7242706
Organization Overview
Eastern Section Of The Amer Assoc Of Petroleum Geologists is located in Champaign, IL. The organization was established in 1973. According to its NTEE Classification (U36) the organization is classified as: Geology, under the broad grouping of Science & Technology and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Eastern Section Of The Amer Assoc Of Petroleum Geologists is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2019
Describe the Organization's Mission:
Part 3 - Line 1
FOR THE PURPOSES OF SPONSORING SCIENTIFIC MEETINGS AND PUBLICATIONS, PROMOTING THE UTILITY OF PETROLEUM AND ENERGY GEOLOGY, AND OTHERWISE FURTHERING THE OBJECTIVES OF THE AAPG.
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
PROGRAM SERVICE REVENUES FROM CONFERENCE SPONSORSHIPS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brian Panetta Vice Preside | OfficerTrustee | $0 | |
Ian Thomas Treasurer | OfficerTrustee | $0 | |
Donna Willette Secretary | OfficerTrustee | $0 | |
Scott Gorham President | OfficerTrustee | $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 | $124,552 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $124,552 |
| Total Program Service Revenue | $0 |
| Investment income | $3,772 |
| 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 | $128,324 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $91,205 |
| 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 | $12,769 |
| 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 | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $103,974 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $136,579 |
| Savings and temporary cash investments | $167,038 |
| 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 | $303,617 |
| 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 | $303,617 |
| 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 | $303,617 |
Grants Awarded
Over the last fiscal year, Eastern Section Of The Amer Assoc Of Petroleum Geologists has awarded $86,205 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
PGS | | | $24,196 |
PAPG | | | $24,196 |
AAPG FOUNDATION GIA EASTERN | | | $21,667 |
AAPG FOUNDATION GIA BEARDSLEY | | | $16,146 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Indiana Mineral Aggregates Association Inc Carmel, IN | $1,805,255 | $867,294 |
Blue Ladies Minerals Inc St Louis, MO | $882,178 | $127,902 |
Eastern Section Of The Amer Assoc Of Petroleum Geologists Champaign, IL | $303,617 | $128,324 |
Association Of Earth Science Clubs Of Greater Kansas City Inc 1000 Po Independence, MO | $254,035 | $0 |
Geologic Timescale Foundation Inc West LAFAYETTE, IN | $295,854 | $0 |
Edith D And E Wm Heinrich Mineralogical Research Foundation Milwaukee, WI | $306,340 | $30,379 |