Global Syngas Technologies Council
- Assets
- $534.1k
- Revenue
- $501.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Sugar Land, TX
- Founding
- 06/1996
- Data as of
- 12/2023
- EIN
- 54-1775878
Organization Overview
Global Syngas Technologies Council is located in Sugar Land, TX. The organization was established in 1996. According to its NTEE Classification (W03) the organization is classified as: Professional Societies & Associations, 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. Global Syngas Technologies Council 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 12/2023, Global Syngas Technologies Council generated $501.7k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (2.2%) each year. All expenses for the organization totaled $377.1k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (11.0%) per year over the past 6 years. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE THE WIDESPREAD USE OF SYNGAS TECHNOLOGIES IN AN ENVIRONMENTALLY SUPERIOR MANNER FOR THE PRODUCTION OF POWER, FUELS AND CHEMICALS
Describe the Organization's Program Activity:
Part 3 - Line 4a
ORGANIZED THE ANNUAL INTERNATIONAL SYNGAS TECHNOLOGIES CONFERENCE. IT IS THE LARGEST CONFERENCE OF ITS KIND.
CONTINUED A PROMOTIONAL PROGRAM TO MAKE BENEFITS OF SYNGAS TECHNOLOGIES BETTER UNDERSTOOD BY THE CHEMICAL, REFINING AND POWER INDUSTRIES IN THE US AND WORLDWIDE. THIS HAS INCLUDED PRINTED MATERIALS, WEB BASED INFORMATION AND VIDEOS, BOTH ON HARD MEDIA AND THE INTERNET.
INITIATED AN EDUCATIONAL PROGRAM TO INFORM THE PUBLIC, MEDIA AND PUBLIC OFFICIALS ABOUT THE BENEFITS OF SYNGAS TECHNOLOGIES.THIS HAS INCLUDED WORKSHOPS AT THE STATE LEVEL PLUS WIDE DISSEMINATION OF THE MATERIALS NOTED ABOVE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bill Preston Executive Dir. | Trustee | 20 | $150,000 |
Bea Ann Phillips Director | Trustee | 30 | $80,040 |
Marc Bacon Chairman | Trustee | 1 | $0 |
Lucy Wilson Vice Chairman | Trustee | 1 | $0 |
Andrew Shuff Treasurer | Trustee | 1 | $0 |
Jeff Kloosterman Director | Trustee | 1 | $0 |
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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $501,683 |
| Investment income | $60 |
| 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 | $501,743 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $230,040 |
| 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 | $0 |
| Fees for services: Accounting | $4,072 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $2,754 |
| Office expenses | $198 |
| Information technology | $7,626 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $5,834 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $123,736 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,966 |
| All other expenses | $0 |
| Total functional expenses | $377,149 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $150,697 |
| Savings and temporary cash investments | $201,159 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $182,212 |
| 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 | $0 |
| Other assets | $0 |
| Total assets | $534,068 |
| 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 | $534,068 |
| 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 | $534,068 |