American Assoc Of Professional Landmen Inc
- Assets
- $39.4m
- Revenue
- $10.0m
- Investments
- $510.0
- Employees
- 34
- Location
- Fort Worth, TX
- Founding
- 07/1987
- Data as of
- 06/2022
- EIN
- 75-0975500
Organization Overview
American Assoc Of Professional Landmen Inc is located in Fort Worth, TX. The organization was established in 1987. 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 06/2022, American Assoc Of Professional Landmen Inc employed 34 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Assoc Of Professional Landmen Inc 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 06/2022, American Assoc Of Professional Landmen Inc generated $10.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.1% each year. All expenses for the organization totaled $7.1m during the year ending 06/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
MISSION IS TO PROMOTE THE HIGHEST STANDARDS OF PERFORMANCE FOR ALL LAND PROFESSIONALS, ADVANCE THEIR STATURE, AND ENCOURAGE SOUND AND ETHICAL STEWARDSHIP OF ENERGY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
AAPL IS AN ORGANIZATION REPRESENTING MEN AND WOMEN ENGAGED IN LAND MATTERS. ITS PURPOSES ARE CARRIED OUT BY A MONTHLY MAGAZINE/JOURNAL WITH A DISTRIBUTION OF APPROXIMATELY 12,000 COPIES; IN EXCESS OF 85 EDUCATIONAL EVENTS, QUARTERLY BOARD MEETINGS AND AN ANNUAL MEETING/CONFERENCE. AAPL HAS APPROXIMATELY 12,000 MEMBERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Greta P Zeimetz Cae Aapl Executive Vice President | Officer | 40 | $319,003 |
Leann Callihan Aapl Vice President | Officer | 40 | $273,199 |
Amanda Johnson Chief Accounting Officer | Officer | 40 | $169,099 |
Russell Cohen Director Of Government Affairs | 40 | $147,642 | |
Andrea Spencer Communications Manager | 40 | $128,899 | |
James T Devlin President | OfficerTrustee | 5 | $918 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Digital 3 Printing Printing | 6/29/22 | $397,816 |
Luther King Capital Management Investment Services | 6/29/22 | $158,580 |
Personify Inc Software Enhancement | 6/29/22 | $142,833 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $73,748 |
| Government grants | $495,100 |
| 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 | $568,848 |
| Total Program Service Revenue | $2,279,111 |
| Investment income | $509,365 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $50,141 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $4,018,750 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $9,970,489 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $100,000 |
| 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. | $926,073 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,121,479 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $486,018 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $14,292 |
| Fees for services: Accounting | $72,483 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $166,557 |
| Fees for services: Other | $261,623 |
| Advertising and promotion | $133,525 |
| Office expenses | $167,446 |
| Information technology | $313,961 |
| Royalties | $0 |
| Occupancy | $265,906 |
| Travel | $79,478 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $392,314 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $201,344 |
| Insurance | $76,578 |
| All other expenses | $46,243 |
| Total functional expenses | $7,082,765 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $2,651,523 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $58,092 |
| 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 | $430,922 |
| Net Land, buildings, and equipment | $4,621,626 |
| Investments—publicly traded securities | $31,519,133 |
| Investments—other securities | $510 |
| Investments—program-related | $0 |
| Intangible assets | $89,209 |
| Other assets | $18,786 |
| Total assets | $39,389,801 |
| Accounts payable and accrued expenses | $841,970 |
| Grants payable | $0 |
| Deferred revenue | $1,314,207 |
| 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 | $18,326 |
| Total liabilities | $2,174,503 |
| Net assets without donor restrictions | $37,215,298 |
| 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 | $39,389,801 |
Grants Awarded
Over the last fiscal year, American Assoc Of Professional Landmen Inc has awarded $741,964 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
IPAA EDUCATIONAL FOUNDATION PURPOSE: educational programs | $25,000 |
AAPL EDUCATIONAL FOUNDATION INC PURPOSE: Disaster Relief | $585,764 |
COLORADANS FOR RESPONSIBLE ENERGY DEVELOPMENT PURPOSE: Educating the public on Colorado Ballot Initiative #97 | $100,000 |
AAPL EDUCATIONAL FOUNDATION INC PURPOSE: Development of educational course | $31,200 |