Overview
What is Petroleum Accountants Society Of The Permian Basin?
The Petroleum Accountants Society of the Permian Basin (paspb) is a nonprofit organization dedicated to fostering connections among individuals involved in petroleum accounting. Their primary objective is to share and disseminate accounting principles and methods, as well as to advance and refine the field of petroleum accounting. They achieve this through their annual Education Day, offering eight hours of continuing professional education credit, covering topics such as geology, sales tax, audits, royalties, revenue accounting, and more. The society's mission is to unite and promote a supportive community among petroleum accountants, while contributing to the improvement and expansion of their profession.
Official website here: www.paspb.com
Is Petroleum Accountants Society Of The Permian Basin legitimate?
Petroleum Accountants Society Of The Permian Basin is a legitimate nonprofit organization registered as a 501(c)(6) entity. Petroleum Accountants Society Of The Permian Basin submitted a form 990EZ, 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.
Official website here: www.paspb.com
What is the mission statement of Petroleum Accountants Society Of The Permian Basin?
The Petroleum Accountants Society of the Permian Basin (PASPB) serves to foster and reinforce connections among professionals involved in petroleum accounting. Its primary goal is to share and disseminate accounting principles and methods relevant to the petroleum industry. The society organizes an Education Day event, which offers continuing professional education credits for individuals in petroleum accounting. This day-long event covers various topics, including geology, sales tax, auditing, royalties, revenue accounting, and more. PASPB strives to enhance and broaden the field of petroleum accounting by developing and improving its scientific and artistic aspects.
Official website here: www.paspb.com
Who is the CEO of Petroleum Accountants Society Of The Permian Basin?
Elizabeth Pacheco is the President of Petroleum Accountants Society Of The Permian Basin.
Official website here: www.paspb.com
What is the revenue of Petroleum Accountants Society Of The Permian Basin?
Petroleum Accountants Society Of The Permian Basin's revenue in 2022 was $37,761.
Official website here: www.paspb.com
Who are the executives of Petroleum Accountants Society Of The Permian Basin and what are their salaries?
Here are 10 key members and their salaries:
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Official website here: www.paspb.com
Where can I find the form 990EZ for Petroleum Accountants Society Of The Permian Basin?
Petroleum Accountants Society Of The Permian Basin's most recent form 990EZ was submitted in 2022 and can be accessed here.
Official website here: www.paspb.com
Learn more at the official website: www.paspb.com
Mission Statement of Petroleum Accountants Society Of The Permian Basin
The Petroleum Accountants Society of the Permian Basin, abbreviated as PASPB, is an organization with the primary purpose of fostering harmonious connections among individuals engaged in petroleum accounting. Its mission is multifaceted, encompassing the objective of promoting mutual understanding and sharing of accounting principles and methods in the petroleum sector. The society also strives to enhance and broaden the field of petroleum accounting by means of education and professional development.
One of the key activities led by PASPB is an annual event called Education Day. This event serves as a platform for offering continuing professional education credits to individuals specializing in petroleum accounting. Through this event, PASPB covers a wide range of topics relevant to the field, including geology, sales tax, audit, royalties, revenue accounting, and other related subjects. This commitment to continuous learning and skill enhancement is a testament to PASPB's dedication to its mission.
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Impact
October, 2024
The Petroleum Accountants Society Of The Permian Basin plays a pivotal role in enhancing the field of petroleum accounting. By fostering strong relationships among professionals in this specialized area, it facilitates knowledge sharing and collaboration. The society collects and disseminates vital accounting principles and methods, effectively raising the standards and practices within the industry.
One of its key initiatives, Education Day, is designed to provide continuing professional education for individuals involved in petroleum accounting. This event offers eight hours of instruction covering crucial topics such as geology, sales tax, audits, royalties, and revenue accounting. By equipping professionals with updated knowledge and skills, the society contributes significantly to individual career advancement and, by extension, the overall efficiency of the petroleum sector.
Through these efforts, the Petroleum Accountants Society not only strengthens its community but also plays an integral role in the continuous development and improvement of petroleum accounting as a discipline.
This information is meant to be a general summary of Petroleum Accountants Society Of The Permian Basin. 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 2022.
- Investment Income: $1,768
- Program Service Revenue: $2,963
- Gross Receipts: $37,761
Assets and Liabilities:
- Total Assets: $187,085
- Total Liabilities: $0
- Net Assets: $187,085
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Organization Details
Phone
(432) 682-1000Principal Officer
Elizabeth Pacheco
Main Address
PO Box 1123, Midland, TX, 79702
Website
www.paspb.comNTEE Category
Code: S41 - Community improvement
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