INTERVENTION AND COILED TUBING ASSOCIATION - USA Association - USA
- Assets
- $114.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Montgomery, TX
- Founding
- Data as of
- 12/2019
- EIN
- 47-5250397
Organization Overview
INTERVENTION AND COILED TUBING ASSOCIATION - USA Association - USA is located in Montgomery, TX.
For the year ending 12/2019, INTERVENTION AND COILED TUBING ASSOCIATION - USA Association - USA generated $53.1k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 3.8% each year. All expenses for the organization totaled $43.6k during the year ending 12/2019. 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
2019
Describe the Organization's Program Activity:
Part 3
EVENTS SUCH AS TECHNICAL LUNCHEONS AND WORKSHOPS ARE HELD THROUGHOUT THE YEAR IN THE HOUSTON AND SAN ANTONIO AREA IN AN EFFOT TO IMPROVE COMMUNICATION AND PROMOTE TECHNICAL AWARENESS WITHIN THE WELL INTERVENTION INDUSTRY. OTHER AREAS SUCH AS DENVER AND LOUISIANA ARE BEING PURSUED. THESE EVENTS ARE ATTENDED BY WELL INTERVENTION PROFESSIONALS FROM ALL DISCIPLINES AND MANAGEMENT LEVELS. THESE EVENTS PROVIDE ICOTA USA CHAPTER MEMBERS A MEANS TO KEEP UP TO DATE WITH THE LATEST TECHNOLOGY AND TRENDS IN THE WELL INTERVENTION INDUSTRY AS WELL AS MAKE VALUABLE PERSONAL AND PROFESSIONAL CONTACTS. WITH THE PRESENTERS' PERMISSION, THE TECHNICAL PAPERS AND/OR PRESENTATIONS ARE AVAILABLE IN THE 'MEMBERS ONLY' AREA OF THE ICOTA USA CHAPTER WEBSITE. ICOTA WAS PREVIOUSLY OPERATED AS A PART OF ICOTA NATIONAL. IN 2014, THE USA CHAPTER WAS SEPARATELY INCORPORATED AND GIVEN START-UP FUNDS COLLECTED ON ITS BEHALF BY ICOTA NATIONAL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jack Tackitt Jr Chairman | 1 | $0 | |
Chris Schneider Secretarytreasurer | 1 | $0 | |
Rod Shampine Director | 1 | $0 | |
Doc Gunther Director | 1 | $0 | |
Brian Normoyle Sr Chairman | 1 | $0 | |
Alexis Garcia Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $29,503 |
| Total Program Service Revenue | $11,900 |
| Membership dues | $10,750 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $974 |
| Other Revenue | $0 |
| Total Revenue | $53,127 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $8,500 |
| Occupancy, rent, utilities, and maintenance | $1,008 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $34,119 |
| Total expenses | $43,627 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $97,987 |
| Other assets | $0 |
| Total assets | $114,147 |
| Total liabilities | $0 |
| Net assets or fund balances | $114,147 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that INTERVENTION AND COILED TUBING ASSOCIATION - USA Association - USA has recieved totaling $25,381.
| Awarding Organization | Amount |
|---|---|
International Coiled Tubing Association Montgomery, TX PURPOSE: General support | $25,381 |
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