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: $235,383
Professional Fundraising Fees: $0
Other Salaries and Wages: $73,778
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
What is the revenue of Independent Connecticut Petroleum Association Inc?
Independent Connecticut Petroleum Association Inc's revenue in 2023 was $1,025,549.
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 2023 was $61,832. There are 5 employees at Independent Connecticut Petroleum Association Inc.
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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 2023 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $28,920
- Program Service Revenue: $983,587
- Gross Receipts: $1,071,810
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
$406,593
AFFINITY INSURANCE COM
Revenue
$213,251
MISCELLANEOUS INCOME F
Revenue
$146,118
MANAGEMENT SEMINARS
Revenue
$1,195
Organization Details
Founding Year
1950
Principal Officer
Christian A Herb
Website
www.icpa.orgNTEE Category
Code: S41 - Community improvement
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