Aade-Appalachian Basin

Organization Overview

Aade-Appalachian Basin is located in Allison Park, PA. 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. Aade-Appalachian Basin 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, Aade-Appalachian Basin generated $401.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (8.0%) each year. All expenses for the organization totaled $374.2k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (10.0%) per year over the past 2 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

PROVIDE EDUCATIONAL OPPORTUNITIES FOR MEMBERS AND SCHOLARSHIPS FOR LOCAL STUDENTS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

MONTHLY MEETINGS AND PERIODIC SOCIAL EVENTS TO EXPOSE MEMBERS TO THE LATEST TECHNOLOGY IN THE OIL AND GAS DRILLING INDUSTRY.


TO PROVIDE SCHOLARSHIPS TO STUDENTS IN ENGINEERING TO PROMOTE OCCUPATION IN THE OIL AND GAS DRILLING INDUSTRY.


PROVIDE CHARITABLE CONTRIBUTIONS TO NOT-FOR PROFITS IN THE LOCAL COMMUNITY TO PROMOTE THE OIL AND GAS DRILLING INDUSTRY.


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Board, Officers & Key Employees

Name (title)Compensation
Josiah Fryman
President
$0
Jhon Sepulveda
First VP
$0
Morgan O'brien
Second VP
$0
Rhonda Heilman
Secretary
$0
Jamie Gordon
Treasurer
$0
Virginia Martindale
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$28,920
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$28,920
Total Program Service Revenue$372,178
Investment income $253
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 $401,351

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