Oklahoma Gas Association is located in Oklahoma City, OK. The organization was established in 1989. According to its NTEE Classification (A01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Oklahoma Gas Association 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, Oklahoma Gas Association generated $103.2k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (2.7%) each year. All expenses for the organization totaled $95.2k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (1.7%) per year over the past 5 years. 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
2023
Describe the Organization's Program Activity:
Part 3
TO ADVISE MEMBERS OF THE RULES AND REGULATIONS RELATIVE TO THE OKLAHOMA NATURAL GAS INDUSTRY AND PROVIDE TRAINING AND GUIDLINES TO ASSIST MEMBERS IN THEIR COMPLIANCE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jason Crowe Chairman | 2 | $0 | |
Randy Mashburn Vice Chair | 2 | $0 | |
Cheryladams Executive Director | 20 | $0 | |
Jimmy Eastham Director | 1 | $0 | |
Roger Eichelberger Director | 1 | $0 | |
Scott Fite Director | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $70,965 |
Membership dues | $33,400 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | -$1,186 |
Other Revenue | $0 |
Total Revenue | $103,179 |
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 | $250 |
Occupancy, rent, utilities, and maintenance | $1,500 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $93,431 |
Total expenses | $95,181 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $110,851 |
Other assets | $0 |
Total assets | $110,851 |
Total liabilities | $0 |
Net assets or fund balances | $110,851 |