T G A Inc
- Assets
- $268.5k
- Revenue
- $260.4k
- Investments
- $0.0
- Employees
- 2
- Location
- Houston, TX
- Founding
- 12/1979
- Data as of
- 12/2021
- EIN
- 74-2019785
Organization Overview
T G A Inc, operating under the name Texas Gas Association, is located in Houston, TX. The organization was established in 1979. According to its NTEE Classification (S01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, Texas Gas Association employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Texas 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 12/2021, Texas Gas Association generated $260.4k 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 (7.9%) each year. All expenses for the organization totaled $286.3k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (6.0%) per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE TEXAS GAS ASSOCIATION TGA. INC.SERVES AS AN EDUCATIONAL ORGANIZATION TO INFORM NOTIFY AND ENSURE THAT THE MEMBERSHIP IS FULLY AWARE OF RULES REGULATIONS AND THE NEED FOR COMPLIANCE TO THOSE RULES AND REGULATIONS AND THE TIMES DATES AND FORMS NEEDED TO MEET THE COMPLIANCE OF THOSE RULES
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE TEXAS GAS ASSOCIATION TGA INC. UTILIZES MEETINGS FOR THE ASSOCIATION MEMBERSHIP AND AGENCIES TO PROVIDE A FORUM FOR THE EXCHANGE OF IDEAS BEST PRACTICES MEANS OF COMPLIANCE WITH RULES AND TO ADVISE OF PROPOSED REGULATIONS AND ANY LEGISLATION THAT WOULD AFFECT THE NATURAL GAS INDUSTRY. THESE MEETINGS ALSO PROVIDE A MEANS FOR THE STATE AND NATIONAL REGULATORS TO MEET WITH THE INDUSTRY AND PARTICIPATE IN THE ASSOCIATION MEETINGS TO CLARIFY AND EXPLAIN THE REGULATIONS CURRENTLY IN PLACE AND THE UPCOMING PROPOSED REGULATIONS COMPLIANCE NEEDS AND THE APPROPRIATE MEANS AND METHODS TO COMPLY. THESE MEETINGS INCLUDE AN ANNUAL OPERATIONS AND MANAGEMENT CONFERENCE MEETING INCLUDING VARIOUS EDUCATIONAL OR INFORMATIVE BREAKOUT SESSIONS. BOARD AND COMMITTEE MEETINGS AND VARIOUS ROUNDTABLES ARE OFFERED TO THE VARIOUS NICHES OF THE INDUSTRY INCLUDING DISTRIBUTION SAFETY TRANSMISSION PIPELINE DAMAGE PREVENTION AND MARKETING PROFESSIONALS. THESE ROUNDTABLES ARE DIRECTED TO THE SPECIFIC NEEDS AND INTERESTS OF THE VARIOUS CATEGORIES OF MEMBERSHIP OF THE ASSOCIATION ALLOWING AN OPPORTUNITY TO EXCHANGE BEST PRACTICES IDEAS AND OPERATIONAL ISSUES FACED BY THE VARIOUS STAKEHOLDERS IN THE INDUSTRY.
THE TEXAS GAS ASSOCIATION TGA INC. UTILIZED MEMBERSHIP DUES AND PROFITS FROM THE VARIOUS MEETINGS TO SUPPORT THE ADMINISTRATIVE PERSONNEL OF THE ASSOCIATION OFFICE EXPENSES TRAVEL AND LODGINGS REQUIRED TO ACTIVELY SUPPORT THE MEMBERSHIP ACROSS THE STATE OF TEXAS. THESE EXPENSES INCLUDE SALARIES TRAVEL HOTEL ACCOMMODATIONS PER-DIEM EXPENSES WHILE TRAVELING TRAINING FOR THE STAFF AND THE PUBLIC RELATIONS AND OUTREACH OF THE ASSOCIATION WHICH INCLUDES ATTENDANCE OF OTHER ASSOCIATION MEETINGS BOARD MEETINGS AND REGIONAL SCHOOLS FOR THE INDUSTRY. THE ADMINISTRATIVE PERSONNEL ACTIVELY VISIT AND MEET WITH ASSOCIATION MEMBERS AROUND THE STATE AS A MEANS OF OUTREACH ADDED VALUE FOR THE MEMBERSHIP AND PROVIDE AN OPPORTUNITY FOR THESE MEMBERS TO HAVE INPUT INTO THE VISION AND DIRECTION OF THE ASSOCIATION ENSURING THAT THE REMOTE MEMBER'S DIRECTIONS AND IDEAS ARE HEARD BY THE REST OF THE MEMBERSHIP.
THE TEXAS GAS ASSOCIATION TGA INC. UTILIZED THE DUES AND PROFITS FROM THE VARIOUS MEETINGS TO PROVIDE A MEANS OF COMMUNICATION AMONG THE MEMBERSHIP INCLUDING BUT NOT LIMITED TO NOTIFICATION OF UPCOMING RULES AND REGULATIONS AND THE MEETINGS. THE WEBSITE TEXASGAS,.COM AND EMAIL SYSTEMS SERVE AS A PLATFORM FOR POSITIVE IDEAS VISION AND DIRECTION OF THE ASSOCIATION TO ENSURE THAT THE GENERAL PUBLIC CONTINUES TO HAVE A POSITIVE VIEW OF THE NATURAL GAS INDUSTRY IN TEXAS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Darrell Cherry President | Officer | 40 | $118,193 |
Linda Femal Director Member Services | Officer | 40 | $70,293 |
Tal Centers Chairman | Officer | 10 | $0 |
Paul Kennegy Vice Chair | Officer | 10 | $0 |
Becky Palmer At-Large Officer | Officer | 10 | $0 |
Mike Fuentes At-Large Officer | Officer | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $133,740 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $10,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $143,740 |
| Total Program Service Revenue | $75,923 |
| Investment income | $57 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $10,422 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $260,387 |
| 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. | $188,486 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $4,884 |
| Other employee benefits | $0 |
| Payroll taxes | $15,131 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $29,304 |
| Information technology | $6,839 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $2,445 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $6,782 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,461 |
| All other expenses | $0 |
| Total functional expenses | $286,332 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $47,211 |
| Savings and temporary cash investments | $140,274 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $79,415 |
| 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 | $1,623 |
| Total assets | $268,523 |
| 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 | $84 |
| Total liabilities | $84 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $311,923 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | -$43,484 |
| Total liabilities and net assets/fund balances | $268,523 |
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