Society Of Independent Professional Earth Scientists
- Assets
- $165.3k
- Revenue
- $270.8k
- Investments
- $0.0
- Employees
- 2
- Location
- Richardson, TX
- Founding
- 00/0000
- Data as of
- 12/2021
- EIN
- 74-6059311
Organization Overview
Society Of Independent Professional Earth Scientists is located in Richardson, TX. The organization was established in 0000. According to its NTEE Classification (C03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Environment and related organizations. As of 12/2021, Society Of Independent Professional Earth Scientists employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Society Of Independent Professional Earth Scientists 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, Society Of Independent Professional Earth Scientists generated $270.8k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (0.1%) each year. All expenses for the organization totaled $248.0k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (3.3%) 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION WAS FORMED TO PROMOTE, DEVELOP, AND STIMULATE INTEREST AND KNOWLEDGE IN THE FIELD OF EARTH SCIENCES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CO-SPONSORED AN ANNUAL MEETING OF SOCIETY MEMBERS AND VISITORS FROM JUNE 7-10, 2021 IN FREDERICKSBURG, TEXAS. ANNUAL MEETING PROVIDES NETWORKING AND CONTINUING EDUCATION CREDITS FOR PROFESSIONALS, INCLUDING PROFESSIONAL ETHICS.
MONITORED AND REPORTED ON ISSUES THAT WOULD AFFECT MEMBERS, INCLUDING PRICE VOLATILITY OF OIL AND GAS, SUPPLY AND DEMAND ISSUES FOR OIL AND GAS PRODUCTION IN THE US AND IN CANADA; HOW INCREASING PRODUCTION IN THE US HAS IMPACTED OIL PRICES WORLDWIDE; ISSUES INVOLVED WITH HYDRAULIC FRACTURING OPERATIONS IN DRILLING OIL WELLS; STATE REGULATIONS INVOLVING VOLATILE MISSIONS AND FRACTURE STIMULATION OF WELLS; INCREASING SEISMIC ACTIVITY NEAR HYDRAULIC FRACTURING AND INJECTION DISPOSAL WELL SITES; IMPACT OF OPEC OIL PRODUCTION; WATER SHORTAGES FROM INCREASED HYDRAULIC FRACTURING ACTIVITY; SUGGESTED USES FOR FRAC WATERS; GLOBAL WARMING AND THE ENVIRONMENT; PRESIDENTIAL CANDIDATES AND ENERGY POLICIES; OVER SUPPLY OF WORLD OIL; UTILITY COMPANIES LIMITING CARBON EMISSIONS AND PROGRAM SERVICE ACCOMPLISHMENTS: SWITCHING TO NATURAL GAS OR RENEWABLE ENERGY SOURCES; BUREAU OF LAND MANAGEMENT'S AUTHORITY OVER HYDRAULIC FRACTURING ON FEDERAL LANDS; SURFACE OZONE POLLUTION; VIOLENCE IN THE MIDDE EAST AND THE IMPACT ON OIL PRICES; AND PREPARED AND PLANNED FOR CONVENTION TO BE HELD AT A FUTURE DATE.
SUPPORTED AND PARTICIPATED AS A MEMBER SOCIETY OF THE AMERICAN GEOSCIENCES INSTITUTE TO ADVANCE INTERESTS OF THE GEOSCIENCES AND PROVIDE GEOSCIENCE INFORMATION TO THE PUBLIC AND TO CONGRESSIONAL AND EXECUTIVE BRANCH DECISION MAKERS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christopher H Reed Vice President | Officer | 1 | $0 |
Neil D Sharp Vice President | Officer | 1 | $0 |
John R Stephens Treasurer | Officer | 0 | $0 |
Wendell Creech Secretary | Officer | 1 | $0 |
Greg S Alletag President | Officer | 1 | $0 |
Thomas G Pronold Director | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $270,815 |
| 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 | $270,815 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| 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 | $270,815 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $59,056 |
| Pension plan accruals and contributions | $2,026 |
| Other employee benefits | $2,646 |
| Payroll taxes | $9,029 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,414 |
| 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 | $7,646 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $16,721 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $109,640 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $4,787 |
| All other expenses | $12,423 |
| Total functional expenses | $247,977 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $165,252 |
| 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 | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $165,252 |
| 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 | $5,865 |
| Total liabilities | $5,865 |
| Net assets without donor restrictions | $0 |
| 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 | $159,387 |
| Total liabilities and net assets/fund balances | $165,252 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American Assoc Of Professional Landmen Inc Fort Worth, TX | $45,737,646 | $6,130,751 |
New Mexico Association Of Soil And Water Conservation Districts Carlsbad, NM | $948,917 | $5,349,942 |
Texas Land Title Association Inc Austin, TX | $5,518,591 | $5,018,963 |
Association Of Water Board Directors Incorporated Houston, TX | $3,716,575 | $2,091,965 |
Texas Econmic Development Council Inc Austin, TX | $1,628,241 | $1,677,100 |
East Shore Community Association Katy, TX | $897,223 | $2,156,507 |
Oklahoma Association Of Conservation Districts Incorporate Oklahoma City, OK | $148,116 | $646,037 |
Texas Floodplain Managementassociation Leander, TX | $919,241 | $920,514 |
Big Bend Natural History Association Inc Big Bend National Park, TX | $1,018,341 | $626,230 |
Gulf Coast Cogeneration Association Inc Cedar Park, TX | $712,895 | $742,778 |
Texas Mining And Reclamation Association Cedar Park, TX | $322,089 | $414,185 |
North American Process Technology Alliance Napta Deer Park, TX | $445,016 | $355,825 |