Oil And Natural Gas Industry Labor Management Committee is located in Washington, DC. The organization was established in 2009. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Oil And Natural Gas Industry Labor Management Committee 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, Oil And Natural Gas Industry Labor Management Committee generated $404.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.0% each year. All expenses for the organization totaled $308.2k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Oil And Natural Gas Industry Labor Management Committee has awarded 22 individual grants totaling $571,600. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE CREATION OF GOOD JOBS ACROSS THE OIL AND GAS INDUSTRY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDING GRANTS TO ALIGNED ORGANIZATIONS THAT PROMOTE ONGILMC GOALS:
COMMUNICATIONS TO PUBLIC AND LABOR AND INDUSTRY ORGANIZATIONS ABOUT RESEARCH AND POLICY DEVELOPMENTS RELATED TO ONGILMC GOALS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Sean Mcgarvey Chairman | OfficerTrustee | 1 | $0 |
Mike Sommers Secretary-Treasurer | OfficerTrustee | 1 | $0 |
Douglas J Mccarron Trustee | Trustee | 1 | $0 |
Lonnie R Stephenson Trustee | Trustee | 1 | $0 |
Darren Woods Trustee | Trustee | 1 | $0 |
Greg C Garland Trustee | Trustee | 1 | $0 |
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 | $404,000 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $404,000 |
Total Program Service Revenue | $0 |
Investment income | $42 |
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 | $404,042 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $34,800 |
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 | $6,719 |
Fees for services: Accounting | $8,440 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $256,385 |
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 | $420 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $308,194 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $202,445 |
Savings and temporary cash investments | $0 |
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 | $1,120 |
Other assets | $0 |
Total assets | $203,565 |
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 | $0 |
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 | $203,565 |
Total liabilities and net assets/fund balances | $203,565 |
Over the last fiscal year, Oil And Natural Gas Industry Labor Management Committee has awarded $29,800 in support to 3 organizations.
Grant Recipient | Amount |
---|---|
Washington, DC PURPOSE: CONTRIBUTION | $11,800 |
Hollywood, FL PURPOSE: CONTRIBUTION | $10,000 |
Washington, DC PURPOSE: CONTRIBUTION | $8,000 |
Over the last fiscal year, we have identified 1 grants that Oil And Natural Gas Industry Labor Management Committee has recieved totaling $295,000.
Awarding Organization | Amount |
---|---|
American Petroleum Institute Washington, DC PURPOSE: GENERAL SUPPORT | $295,000 |
Organization Name | Assets | Revenue |
---|---|---|
American College Of Trust And Estate Counsel Inc Washington, DC | $7,291,426 | $5,965,924 |
Public Policy Fund Inc Washington, DC | $1,497,724 | $4,785,450 |
Leadership Council On Legal Diversity Inc Richmond, VA | $7,023,795 | $4,176,806 |
Greater Washington Board Of Trade Washington, DC | $1,928,129 | $2,840,463 |
Association Of Clinical Research Organizations Washington, DC | $2,656,292 | $2,241,906 |
Styrene Information And Research Center Inc Towson, MD | $1,447,485 | $1,359,270 |
Payments Leadership Association Washington, DC | $534,883 | $1,750,000 |
Revenue Based Finance Coalition Inc Potomac Falls, VA | $56,846 | $1,351,233 |
Construction Industry Round Table Inc Mc Lean, VA | $1,218,040 | $1,218,712 |
National Homeland Security Association Inc Falls Church, VA | $416,677 | $981,390 |
Maryland Automobile Dealers Association Inc Annapolis, MD | $5,415,430 | $303,685 |
Native American Contractors Association Washington, DC | $646,403 | $725,787 |