Independent Connecticut Petroleum Association Inc

Ct Energy Marketers Association

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

EIN: 237106331 ✦ Cromwell, CT ✦ Designated as a 501(c)(6)

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Overview

What is Independent Connecticut Petroleum Association Inc?

The Independent Connecticut Petroleum Association Inc, situated in Connecticut, serves as a nonprofit organization primarily dedicated to fuel oil, propane dealers, and gas distributors within the state. Their core mission revolves around safeguarding and enhancing the petroleum industry for their member companies. To achieve this, they engage in various activities such as hosting trade shows, organizing informative seminars, and conducting extensive research on legislative matters. Furthermore, they are committed to educating consumers about the industry, thereby strengthening its future and the position of its members.


Official website here: www.icpa.org

Is Independent Connecticut Petroleum Association Inc legitimate?

Independent Connecticut Petroleum Association Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Independent Connecticut Petroleum Association Inc 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: $191,617
Professional Fundraising Fees: $0
Other Salaries and Wages: $143,539

For more financial information, click here


Official website here: www.icpa.org

What is the mission statement of Independent Connecticut Petroleum Association Inc?

The Independent Connecticut Petroleum Association Inc., serving as a not-for-profit organization, aims to fortify and safeguard the future of the petroleum industry and its associated companies. This is achieved through various activities such as organizing trade shows, conducting seminars, and engaging in legislative research. The primary objective is to strengthen the industry by providing platforms for knowledge sharing and advocating for its interests. Additionally, consumer education plays a significant role in their mission, ensuring the public is well-informed about the industry's operations and benefits.


Official website here: www.icpa.org

Who is the CEO of Independent Connecticut Petroleum Association Inc?

Christian A Herb is the Director of Independent Connecticut Petroleum Association Inc.


Official website here: www.icpa.org

What is the revenue of Independent Connecticut Petroleum Association Inc?

Independent Connecticut Petroleum Association Inc's revenue in 2022 was $884,447.


Official website here: www.icpa.org

Who are the executives of Independent Connecticut Petroleum Association Inc and what are their salaries?

The average compensation at Independent Connecticut Petroleum Association Inc during 2022 was $47,879. There are 7 employees at Independent Connecticut Petroleum Association Inc.


Here are 31 key members and their salaries:


Rick Bologna (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sharon Petersen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Foster (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frank Troiano (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fred Lord (Treasurer/Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Jennings (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary Sippin (Past Chair/Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Howard Peterson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Mccusker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Sousa (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Tracey-Carlo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matthew Mitchell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Devino (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Russell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Gada Sr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Royce Friedman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Samuel Gault (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen G Rosentel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen H Sack Jr (Vice Chair/Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Gottier (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Matarese (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Katie Childs (Chair/Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Daniels (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles Mazzella (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christian Herb (President)
  • Compensation: $191,617
  • Related: $0
  • Other: $20,823
Joseph J Dominick (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Aziz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Bowman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
George Perrelli (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Santopietro (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gregory Stafstrom (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.icpa.org

Where can I find the form 990 for Independent Connecticut Petroleum Association Inc?

Independent Connecticut Petroleum Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.icpa.org

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

Mission Statement of Independent Connecticut Petroleum Association Inc

The Independent Connecticut Petroleum Association Inc, serving as a nonprofit trade organization, is committed to strengthening and safeguarding the future of the petroleum industry and its member companies. They accomplish this mission through various activities such as organizing trade shows, conducting seminars, and engaging in legislative research. The primary goal is to protect and enhance the petroleum industry, with a focus on fuel oil, propane dealers, and gas distributors, by utilizing these strategic approaches.

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Impact




October, 2024

Independent Connecticut Petroleum Association Inc significantly impacts the petroleum industry in Connecticut by serving as a dedicated trade organization for fuel oil, propane dealers, and gas distributors. Through a variety of events, research initiatives, and educational programs, it plays a crucial role in strengthening and protecting the future of its member companies.

The association organizes trade shows and seminars that provide valuable networking opportunities and industry insights, fostering connections among professionals in the sector. By offering consumer education, the organization helps inform the public about petroleum products and services, enhancing community knowledge and engagement.

Additionally, it conducts legislative research, advocating for policies that benefit the industry and its members. This proactive approach enables the association to address challenges, navigate regulatory changes, and ensure that the interests of fuel oil and propane dealers, as well as gas distributors, are represented effectively.

Overall, the Independent Connecticut Petroleum Association Inc's efforts contribute to a more informed and resilient industry, promoting community improvement and economic stability within the state.




This information is meant to be a general summary of Independent Connecticut Petroleum Association Inc. 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
$884,447 (2022)
Expenses
$936,749 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $14,741
  • Program Service Revenue: $840,995
  • Gross Receipts: $901,054

Assets and Liabilities:

  • Total Assets: $1,465,781
  • Total Liabilities: $172,660
  • Net Assets: $1,293,121

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Programs

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

Membership dues and as

Revenue

$394,984

Affinity Insurance Com

Revenue

$204,774

Miscellaneous Income F

Revenue

$19,750

Management Seminars

Revenue

$3,992

Organization Details

Founding Year

1950

Principal Officer

Christian A Herb

Main Address

10 Alcap Ridge, Cromwell, CT, 064161002

NTEE Category

Code: S41 - Community improvement

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