National Propane Gas Association Inc
- Assets
- $17.4m
- Revenue
- $9.6m
- Investments
- $0.0
- Employees
- 25
- Location
- Washington, DC
- Founding
- 09/1944
- Data as of
- 02/2024
- EIN
- 36-2087363
Organization Overview
National Propane Gas Association Inc is located in Washington, DC. The organization was established in 1944. According to its NTEE Classification (A30) the organization is classified as: Media & Communications, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 02/2024, National Propane Gas Association Inc employed 25 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National Propane Gas Association 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 02/2024, National Propane Gas Association Inc generated $9.6m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 2.6% each year. All expenses for the organization totaled $8.6m during the year ending 02/2024. While expenses have increased by 1.5% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
TO ADVANCE SAFETY AND TO INCREASE THE USE OF PROPANE THROUGH SOUND PUBLIC POLICY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GOVERNMENT AFFAIRS - TO ACHIEVE PUBLIC POLICIES THAT FAVOR PRODUCTION, DISTRIBUTION AND INCREASED USE OF PROPANE AND TO SERVE AS THE PRINCIPAL VOICE OF THE PROPANE INDUSTRY.
NPGA SOUTHEASTERN CONVENTION & INTERNATIONAL PROPANE EXPO - PROVIDES A WORLD CLASS VENUE THAT SHOWCASES THE LARGEST ARRAY OF PROPANE RELATED PROVIDERS, PRODUCTS AND SERVICES. IT OFFERS THE BEST NETWORKING OPPORTUNITIES TO CONNECT THE INDUSTRY'S LEADING SUPPLIERS, MANUFACTURERS AND SERVICE PROVIDERS. THE EDUCATIONAL PROGRAM AT THE TRADE SHOW OFFERS EDUCATIONAL SESSIONS THAT PROVIDE ESSENTIAL SKILLS AND PROVEN STRATEGIES TO TAKE YOUR EMPLOYEES AND PROPANE BUSINESSES TO THE NEXT LEVEL.
REGULATORY & TECHNICAL AFFAIRS - TO ENSURE THAT REGULATIONS AND STANDARDS IMPACTING THE PROPANE INDUSTRY ARE REASONABLE, COST-EFFECTIVE AND SAFETY-BASED. NPGA ENGAGES WITH THE VARIOUS FEDERAL GOVERNMENT DEPARTMENTS AND AGENCIES MAKING SURE THAT NPGA HAS A VOICE IN THE DEVELOPMENT OF NEWLY PROPOSED OR CHANGES TO EXISTING REGULATIONS AND STANDARDS. ONE OF THE MANY OBJECTIVES OF THE PROPANE INDUSTRY IS TO DEVELOP AND USE GUIDELINES OR STANDARDS TO HELP MANUFACTURE EQUIPMENT AND TO PROMOTE FIRE PREVENTION AND SAFE OPERATION WITHIN THE PROPANE INDUSTRY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeffrey Stewart Chair | OfficerTrustee | 15 | $0 |
Thomas Van Buren Chair-Elect | OfficerTrustee | 10 | $0 |
Michael Hopsicker Vice Chair | OfficerTrustee | 5 | $0 |
Dd Alexander Treasurer | OfficerTrustee | 5 | $0 |
Michelle Bimson Maggi Immediate Past Chair | OfficerTrustee | 5 | $0 |
Kim Godlewski Chair Conventions & Distributor | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Venable Legal | 2/28/24 | $276,422 |
The Smith Free Group Lobbying | 2/28/24 | $120,000 |
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 | $81,330 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $81,330 |
| Total Program Service Revenue | $7,427,489 |
| Investment income | $416,901 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $270,860 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$23,946 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $9,637,283 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $142,000 |
| 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. | $1,199,222 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,372,916 |
| Pension plan accruals and contributions | $154,760 |
| Other employee benefits | $306,598 |
| Payroll taxes | $228,305 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $272,046 |
| Fees for services: Accounting | $37,405 |
| Fees for services: Lobbying | $120,000 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $28,299 |
| Fees for services: Other | $336,801 |
| Advertising and promotion | $10,279 |
| Office expenses | $454,697 |
| Information technology | $65,802 |
| Royalties | $0 |
| Occupancy | $216,622 |
| Travel | $425,855 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $973,590 |
| Interest | $433 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $26,296 |
| Insurance | $58,586 |
| All other expenses | $22,154 |
| Total functional expenses | $8,583,918 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,029,700 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $346,865 |
| 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 | $605,775 |
| Net Land, buildings, and equipment | $334,845 |
| Investments—publicly traded securities | $13,680,144 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $357,365 |
| Total assets | $17,354,694 |
| Accounts payable and accrued expenses | $539,153 |
| Grants payable | $0 |
| Deferred revenue | $3,598,548 |
| 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 | $681,246 |
| Total liabilities | $4,818,947 |
| Net assets without donor restrictions | $12,453,592 |
| Net assets with donor restrictions | $82,155 |
| 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 | $17,354,694 |
Grants Awarded
Over the last fiscal year, National Propane Gas Association Inc has awarded $140,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
PROPANE GAS ASSOCIATION OF NEW ENGLAND PURPOSE: Grant to reduce the negative impacts that Vermont's Clean Heat Standard (CHS) will have on the propane industry. | $50,000 |
WESTERN PROPANE GAS ASSOCIATION PURPOSE: Grant to assist with the efforts pertaining to CARBs ZE forklift rulemaking. | $70,000 |
NEW YORK PROPANE GAS ASSOCIATION PURPOSE: Grant to support development of a white paper by the Empire Center to demonstrate the importance of propane to the New York energy infrastructure in response to NY state legislation. | $20,000 |