Mid-Atlantic Petroleum Distributors Association Inc is located in Annapolis, MD. The organization was established in 1966. According to its NTEE Classification (S03) the organization is classified as: Professional Societies & Associations, 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. Mid-Atlantic Petroleum Distributors 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 12/2022, Mid-Atlantic Petroleum Distributors Association Inc generated $396.0k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (2.2%) each year. All expenses for the organization totaled $532.5k during the year ending 12/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
PETROLEUM INDUSTRY TRADE ORGANIZATION PROMOTING PETROLEUM USE
Describe the Organization's Program Activity:
Part 3 - Line 4a
GOLF OUTING
CONFERENCES
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Ellen Valentino Exec Vice President | Officer | 40 | $157,500 |
Ken Halperin Treasurer | OfficerTrustee | 5 | $0 |
Hossein Ejtemai Director | OfficerTrustee | 5 | $0 |
Mark Baker Vice Chairman | OfficerTrustee | 5 | $0 |
Donnie Burch Director | Trustee | 5 | $0 |
Jack Tevis Director | Trustee | 5 | $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 | $304,056 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $304,056 |
Total Program Service Revenue | $89,225 |
Investment income | $25,419 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | -$31,233 |
Net Income from Fundraising Events | $8,500 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $395,967 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $84,400 |
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 | $290,000 |
Fees for services: Legal | $24,123 |
Fees for services: Accounting | $9,914 |
Fees for services: Lobbying | $8,528 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $1,404 |
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 | $0 |
Insurance | $1,798 |
All other expenses | $26,340 |
Total functional expenses | $532,468 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $297,344 |
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 | $989,787 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $1,287,131 |
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 | $1,287,131 |
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 | $0 |
Total liabilities and net assets/fund balances | $1,287,131 |
Over the last fiscal year, we have identified 1 grants that Mid-Atlantic Petroleum Distributors Association Inc has recieved totaling $183,590.
Awarding Organization | Amount |
---|---|
National Oilheat Research Alliance Alexandria, VA PURPOSE: RESEARCH & DEVELOPMENT, ENERGY EFFICIENCY, EDUCATION & TRAINING | $183,590 |
Organization Name | Assets | Revenue |
---|---|---|
Ocean Pines Association Inc Berlin, MD | $44,855,857 | $18,056,839 |
Pipeline Research Council International Inc Chantilly, VA | $19,057,089 | $17,544,537 |
American Association Of University Professors Washington, DC | $14,341,137 | $8,888,177 |
Association For Iron And Steel Technology Warrendale, PA | $25,867,856 | $8,482,182 |
Virginia Society Of Certified Public Accountants Glen Allen, VA | $7,638,918 | $5,705,008 |
Pipe Line Contractors Association Arlington, VA | $3,589,636 | $6,412,897 |
Maryland Association Of Certified Public Accountants Towson, MD | $5,874,281 | $4,922,234 |
Pennsylvania Municipal League Harrisburg, PA | $4,038,620 | $4,353,678 |
Learning Undefeated Inc Gaithersburg, MD | $6,516,289 | $2,709,054 |
National Utility Contractors Association Inc Fairfax, VA | $2,626,638 | $2,535,336 |
Bbb Wise Giving Alliance Arlington, VA | $1,735,279 | $2,119,242 |
National Hispanic Medical Association Washington, DC | $1,336,182 | $2,970,215 |