Crude Oil Quality Association
- Assets
- $107.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Rosharon, TX
- Founding
- 06/2010
- Data as of
- 12/2023
- EIN
- 26-4375901
Organization Overview
Crude Oil Quality Association is located in Rosharon, TX. The organization was established in 2010. 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. Crude Oil Quality Association 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, Crude Oil Quality Association generated $101.0k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 0.4% each year. All expenses for the organization totaled $121.1k during the year ending 12/2023. While expenses have increased by 6.6% per year over the past 9 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
CONFERENCES AND MEETINGS FOR MEMBERS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ronald Claybon Executive Di | 3 | $17,000 | |
Johnetta Simpson Treasurer | 1 | $0 | |
Aaron L Dillard Director | 0.25 | $0 | |
Dennis Haynes Director | 0.25 | $0 | |
Randy Segato Director | 0.25 | $0 | |
Hillary Stevenson Secretary | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $77,500 |
| Investment income | $3,553 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $19,984 |
| Total Revenue | $101,037 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $72,000 |
| Professional fees and other payments to independent contractors | $2,378 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $46,694 |
| Total expenses | $121,072 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $100,604 |
| Other assets | $0 |
| Total assets | $107,104 |
| Total liabilities | $35,707 |
| Net assets or fund balances | $71,397 |