National Petroleum Energy Credit Assoc

Organization Overview

National Petroleum Energy Credit Assoc is located in Horseshoe Bay, TX. The organization was established in 1983. According to its NTEE Classification (W80) the organization is classified as: Public Utilities, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National Petroleum Energy Credit Assoc 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 12/2022, National Petroleum Energy Credit Assoc generated $133.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (7.5%) each year. All expenses for the organization totaled $190.4k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (2.3%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

EDUCATIONAL OPPORTUNITIES FOR MEMBERS ANNUAL CONFERENCE ATTENDANCE AND PUBLICATION OF INDUSTRY NEWSLETTER.

Describe the Organization's Program Activity:

Part 3 - Line 4a

ANNUAL CONFERENCE - PROVIDE EDUCATIONAL OPPORTUNITIES TO 270+ MEMBERS, AND PUBLICATION OF INDUSTRY NEWSLETTER


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Board, Officers & Key Employees

Name (title)Compensation
Dan Christian
President
$0
Steven R Harwitz
1st VP
$0
Robin Pacheco
2nd VP
$0
Caleb Burke
Treasurer
$0
Steven Dudzik
Secretary
$0
Kim Greenfield
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$14,220
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$119,164
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$133,384
Total Program Service Revenue$0
Investment income $176
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 $133,560

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