Rocky Mountain Gas Assoc
- Assets
- $475.5k
- Revenue
- $236.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Salt Lake City, UT
- Founding
- 08/2005
- Data as of
- 12/2021
- EIN
- 87-0477538
Organization Overview
Rocky Mountain Gas Assoc is located in Salt Lake City, UT. The organization was established in 2005. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rocky Mountain Gas Assoc 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, Rocky Mountain Gas Assoc generated $236.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.3% each year. All expenses for the organization totaled $185.1k during the year ending 12/2021. While expenses have increased by 6.0% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
FOSTER THE ADVANCEMENT OF THE HEATING, VENTING,REFRIGERATION, AIR CONDITIONING AND HEARTH, HYDRONIC HEATING,PLUMBING & PUBLIC UTILITY RELATED INDUSTRIES, AND TO PROVIDE A CLEARING HOUSE FOR INFORMATION OF VALUE TO PROMOTE HIGH STANDARDS OF PRACTICE. EFFECTIVE COMMUNICATIONS WITH THE ASSOCIATION MEMBERS IN AN EFFORT TO KEEP THEM INFORMED ON IMPORTANT CHANGES IN THE INDUSTRY, AND ENCOURAGE EFFICIENCY AND PROMOTE HIGH ETHICAL STANDARDS IN BUSINESS AND PROFESSIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ALLOCATED FUNDS DESIGNATED FOR INDIVIDUAL SCHOLARSHIPS, CERTIFICATION AND TESTING TO PROMOTE THEORY AND PRACTICE OF GOOD PRINCIPLES OF CONTRACTING AND TO PROTECT THE PUBLIC AGAINST INFERIOR WORK AND MATERIALS.
PROVIDED REFERRALS OF CERTIFIED UT HEATING & AIR CONDITIONING CONTRACTORS FOR THE PUBLIC'S HEATING, FIREPLACE,COOLING OR REFRIGERATION NEEDS.
PROVIDED CONFERENCES, MEMBER MEETINGS, SEMINARS AND A MONTHLY NEWSLETTER OF INTEREST TO THE MEMBERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Hill Executive Director | Officer | 30 | $54,000 |
Jamie Schumacher President | Officer | 5 | $0 |
Rocio Soto Education Coordinator | Officer | 5 | $0 |
Ryan Rentmeister Immediate Past President | Officer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $216,694 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $19,160 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $235,854 |
| Total Program Service Revenue | $0 |
| Investment income | $619 |
| 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 | $236,473 |
| 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. | $54,000 |
| Compensation of current officers, directors, key employees. | $32,400 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| 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 | $850 |
| Office expenses | $3,090 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $5,550 |
| Travel | $249 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $8,653 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $25,526 |
| Total functional expenses | $185,107 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $261,980 |
| Savings and temporary cash investments | $213,566 |
| 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 | $475,546 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $475,546 |
| 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 | $475,546 |
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