Seg Advanced Modeling Corporation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 208685322 ✦ Tulsa, OK ✦ Designated as a 501(c)(6)

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Overview

What is Seg Advanced Modeling Corporation?

Seg Advanced Modeling Corporation, abbreviated as SEAM, is a not-for-profit research organization located in Tulsa, Oklahoma. Their primary focus is on collaborative projects, bringing together sponsoring stakeholders to drive geophysical research within both industry and academia. By doing so, SEAM aims to advance the field of applied geophysics, specifically concentrating on the construction and synthesis of subsurface models and data sets to tackle significant geophysical challenges. These data sets, after an initial period of confidentiality, eventually become accessible to the public domain, contributing to the collective knowledge in the resource extraction industry.


Official website here: www.seg.org

Is Seg Advanced Modeling Corporation legitimate?

Seg Advanced Modeling Corporation is a legitimate nonprofit organization registered as a 501(c)(6) entity. Seg Advanced Modeling Corporation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.seg.org

What is the mission statement of Seg Advanced Modeling Corporation?

Seg Advanced Modeling Corporation, often referred to as SEAM, is a not-for-profit research entity that facilitates collaborative projects between industry and academic stakeholders to advance geophysical research. The corporation's mission is to drive the progress of applied geophysics by spearheading an industry-focused initiative aimed at constructing and generating synthetic data sets for geophysical problems of significance to the resource extraction sector. After an initial period of two years, these data sets are made accessible to the public domain to further the collective understanding and application of geophysical technologies.


Official website here: www.seg.org

What is the revenue of Seg Advanced Modeling Corporation?

Seg Advanced Modeling Corporation's revenue in 2023 was $473,998.


Official website here: www.seg.org

Who are the executives of Seg Advanced Modeling Corporation and what are their salaries?

There 7 volunteers at Seg Advanced Modeling Corporation.

Here are 9 key members and their salaries:


Aria Abubakar (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Hollis (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rich Cieslewicz (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mehmet Tanis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chengbo Li (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nicolae Moldoveanu (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Werner Heigl (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James White (Secretary)
  • Compensation: $0
  • Related: $301,028
  • Other: $23,143
Carlos De La Garza (Cfo)
  • Compensation: $0
  • Related: $242,954
  • Other: $13,511


Official website here: www.seg.org

Where can I find the form 990 for Seg Advanced Modeling Corporation?

Seg Advanced Modeling Corporation's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.seg.org

Learn more at the official website: www.seg.org

Mission Statement of Seg Advanced Modeling Corporation

Seg Advanced Modeling Corporation, often referred to as SEAM, is a not-for-profit research entity that serves as a platform for collaborative projects between industry and academic stakeholders. Its primary mission is to advance the science and technology of applied geophysics. This mission is achieved through a cooperative industry-focused effort, which is specifically geared towards constructing and generating synthetic data sets for geophysical problems that are significant to the resource extraction industry. After an initial two-year period of confidentiality, these data sets are then made available to the public domain, further contributing to the advancement of geophysical research.

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Impact




October, 2024

Seg Advanced Modeling Corporation (SEAM) significantly advances the field of applied geophysics by facilitating collaborative research projects that connect industry and academia. Through its initiatives, SEAM addresses critical geophysical challenges by developing sophisticated earth models and robust datasets. This collaborative approach enhances the understanding of subsurface environments, which is vital for the resource extraction industry.

The organization's focus on generating synthetic datasets for important geophysical problems supports innovation and improves methodologies in resource extraction. After an initial confidentiality period of two years, these datasets become publicly available, contributing to the broader scientific community and fostering ongoing advancements in geophysical research.

Located in Tulsa, Oklahoma, SEAM's mission underscores the importance of cooperative efforts among stakeholders, ensuring that both theoretical and practical aspects of geophysics continue to evolve. The outcomes of SEAM's activities not only bolster industry practices but also promote academic engagement and knowledge sharing, ultimately leading to more effective solutions for pressing challenges in resource exploration and management.




This information is meant to be a general summary of Seg Advanced Modeling Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$473,998 (2023)
Expenses
$463,804 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $7,713
  • Program Service Revenue: $460,947
  • Gross Receipts: $473,998

Assets and Liabilities:

  • Total Assets: $1,062,830
  • Total Liabilities: $947,609
  • Net Assets: $115,221

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

SEAM AI REVENUE

Revenue

$228,080

ADMIN FEE REVENUE

Revenue

$128,000

SEAM CO2 REVENUE

Revenue

$104,867

Organization Details

Founding Year

2007

Principal Officer

James White

NTEE Category

Code: Z99 - Unknown

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