Houston Geological Society is located in Houston, TX. The organization was established in 1958. According to its NTEE Classification (S40) the organization is classified as: Business & Industry, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 06/2021, Houston Geological Society employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Houston Geological Society 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 06/2021, Houston Geological Society generated $379.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (6.1%) each year. All expenses for the organization totaled $380.1k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (10.3%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Houston Geological Society has awarded 14 individual grants totaling $307,858. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE OBJECTIVES OF THIS SOCIETY ARE: (1) TO STIMULATE INTEREST AND PROMOTE ADVANCEMENT IN THE GEOSCIENCES; (2) TO DISSEMINATE AND FACILITATE DISCUSSION OF GEOLOGICAL INFORMATION; (3) TO ENHANCE PROFESSIONAL INTERACTION AMONG GEOSCIENTISTS; (4) TO AID AND ENCOURAGE ACADEMIC TRAINING IN THE GEOSCIENCES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE OBJECTIVES OF THE HOUSTON GEOLOGICAL SOCIETY ARE: TO STIMULATE INTEREST AND PROMOTE ADVANCEMENT IN GEOLOGY FOR THE HOUSTON AREA; TO DISSEMINATE AND FACILITATE DISCUSSION OF GEOLOGICAL INFORMATION RELATIONSHIPS AMONG GEOLOGISTS IN THE AREA; AND TO AID AND ENCOURAGE ACADEMIC TRAINING IN THE SCIENCE OF GEOLOGY.THE SOCIETY STRIVES TO ACHIEVE THESE GOALS THROUGH REGULARLY SCHEDULED TECHNICAL MEETINGS, PUBLICATION OF A MONTHLY BULLETIN, A CONTINUING EDUCATION PROGRAM, FIELD TRIPS, THE PUBLICATION OF TIMELY BOOKS, AND TWO STUDENT SCHOLARSHIP FUNDS.
THROUGH ITS PUBLICATION EFFORTS, THE SOCIETY HAS RENDERED A SERVICE TO ITS MEMBERS, THE GEOLOGICAL PROFESSION, AND OCCASIONALLY TO THE ENTIRE COMMUNITY WITH BOOKS OF GENERAL INTEREST. THE PUBLICATION, "HOUSTON AREA ENVIRONMENTAL GEOLOGY: SURFACE FAULTING, GROUND SUBSIDENCE, HAZARD LIABILITY," IS A SIGNIFICANT CONTRIBUTION TO BOTH THE GEOLOGICAL AND LAY COMMUNITIES. FOUR IMPORTANT VOLUMES ON THE GEOLOGY OF DELTAS, THAT FAVORED HABITAT FOR PETROLEUM ACCUMULATION, HAVE BEEN PUBLISHED. TWO OF THESE, "DELTAS-MODELS FOR EXPLORATION AND "DELTAS IN THEIR GEOLOGIC FRAMEWORK" HAVE BEEN REPRINTED DUE TO DEMAND. THE 22ND EDITION OF "DIRECTORY OF OIL COMPANY NAME CHANGES" WAS PRINTED IN 2012. TWO RECENT PUBLICATIONS, EXPLORATION AND EXPLOITATION OF COASTAL SALT BASIN DIAPIRIC STRUCTURES IN THE LOWER PLIOCENE THROUGH EOCENE TRENDS: GEOLOGY AND TECHNIQUES", A JOINT EFFORT WITH THE NEW ORLEANS GEOLOGICAL SOCIETY, AND "PRODUCTIVE LOW RESISTIVITY WELL LOGS OF THE OFFSHORE GULF OF MEXICO" ARE VALUABLE ADDITIONS TO THE GEOLOGICAL LITERATURE.
THE SOCIETY ENCOURAGES AND AIDS STUDENTS THROUGH THE CALVERT MEMORIAL SCHOLARSHIP FUND FOR GRADUATE STUDENTS, AND THE UNDERGRADUATE SCHOLARSHIP FUND FOR UNDERGRADUATES. THE SOCIETY ALSO GIVES OUTSTANDING GEOLOGY STUDENT AWARDS TO STEPHEN F. AUSTIN UNIVERSITY, LAMAR UNIVERSITY, TEXAS A&M UNIVERSITY, THE UNIVERSITY OF TEXAS AT AUSTIN, RICE UNIVERSITY, THE UNIVERSITY OF HOUSTON, AND SAM HOUSTON STATE UNIVERSITY; AND PROMOTES PARTICIPATION IN THE HOUSTON ENGINEERING AND SCIENCE FAIR.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Andrea Peoples Executive Office Director | Officer | 40 | $81,821 |
James Tucker President | OfficerTrustee | 5 | $0 |
Mike Erpenbeck President-Elect | OfficerTrustee | 2 | $0 |
Bryan Guzman Vice-President | OfficerTrustee | 5 | $0 |
Dianna Phu Secretary | OfficerTrustee | 5 | $0 |
Robert B Boyd Treasurer | OfficerTrustee | 5 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $20,500 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $29,237 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $49,737 |
Total Program Service Revenue | $169,433 |
Investment income | $28,823 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $19,622 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $104,085 |
Net Income from Fundraising Events | -$347 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $378,975 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $11,502 |
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. | $84,553 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $39,520 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $10,276 |
Fees for services: Management | $0 |
Fees for services: Legal | $12,200 |
Fees for services: Accounting | $15,854 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $5,566 |
Fees for services: Other | $3,214 |
Advertising and promotion | $0 |
Office expenses | $19,911 |
Information technology | $11,691 |
Royalties | $0 |
Occupancy | $31,711 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $95,995 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $10,292 |
All other expenses | $27,837 |
Total functional expenses | $380,122 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $44,251 |
Savings and temporary cash investments | $345 |
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 | $869,401 |
Investments—other securities | $53,926 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $967,923 |
Accounts payable and accrued expenses | $3,046 |
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 | $26,887 |
Total liabilities | $29,933 |
Net assets without donor restrictions | $937,990 |
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 | $967,923 |
Over the last fiscal year, Houston Geological Society has awarded $11,502 in support to 2 organizations.
Grant Recipient | Amount |
---|---|
Houston, TX PURPOSE: SCHOLARSHIPS AND GENERAL SUPPORT | $5,798 |
Houston, TX PURPOSE: SCHOLARSHIPS | $5,704 |
Organization Name | Assets | Revenue |
---|---|---|
New Orleans Physician Services Inc Marrero, LA | $14,295,398 | $37,317,749 |
Circuit Events Local Organizing Committee Austin, TX | $5,758,250 | $14,482,431 |
American Productivity & Quality Center Inc Houston, TX | $30,940,165 | $18,224,607 |
Dallas Tourism Public Improvement District Corporation Dallas, TX | $29,263,170 | $10,147,188 |
Better Business Bureau Of North Central Texas Inc Dallas, TX | $3,812,795 | $6,541,958 |
Arkansas Capital Corporation Little Rock, AR | $35,717,433 | $8,371,701 |
Open Compute Project Foundation Austin, TX | $5,357,330 | $7,132,647 |
San Antonio Tourism Public Improvement District Corporation San Antonio, TX | $8,579,205 | $6,386,484 |
William A Lawson Institute For Peace & Prosperity Houston, TX | $12,461,470 | $3,692,985 |
Dottie System Inc Baton Rouge, LA | $4,069,603 | $4,084,315 |
Oklahoma Alliance For Manufacturing Excellence Inc Tulsa, OK | $2,792,871 | $3,651,596 |
La Fe Preparatory School Inc El Paso, TX | $1,712,513 | $2,611,735 |