Overview
What is Central Wyo Chap Of The American Petroleum Institute?
The Central Wyo Chap of the American Petroleum Institute (API) is a local chapter based in Casper, Wyoming. This nonprofit organization's primary mission is to advocate for a robust, eco-friendly U.S. oil and gas industry capable of meeting consumer energy needs efficiently. It achieves this by influencing public policy and supporting self-sustaining programs, such as standards development and technical cooperation, to enhance the industry's competitiveness. In addition to its industry-focused activities, the Central Wyo Chap also engages in educational and community service projects. Notably, they provide scholarships to students attending college or university, with 20 scholarships awarded annually in 2022. The organization's initiatives reflect a commitment to supporting the local community and fostering industry growth in a responsible manner.
Official website here: www.casperapi.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73% (Two-Star out of Four Star rating)
The Central Wyoming Chapter of the American Petroleum Institute has received a 73% rating from Charity Navigator, indicating a moderate level of performance in terms of accountability and finance. The organization demonstrates strong governance features, such as having a fully independent board and no material diversion of assets, which are crucial for maintaining transparency and trust.
Strengths include a high program expense ratio of 91.61%, suggesting that a significant portion of its expenses directly supports its mission-related activities. Additionally, the organization documents board meeting minutes and maintains a favorable liabilities to assets ratio of 0.00%, reflecting solid financial health.
However, there are notable limitations, primarily the absence of key policies, including a conflict of interest policy, a whistleblower policy, and guidelines for document retention and destruction. These gaps may raise concerns regarding the overall governance framework and risk management practices within the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Central Wyo Chap Of The American Petroleum Institute legitimate?
Central Wyo Chap Of The American Petroleum Institute is a legitimate nonprofit organization registered as a 501(c)(3) entity. Central Wyo Chap Of The American Petroleum Institute 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.
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Official website here: www.casperapi.com
What is the mission statement of Central Wyo Chap Of The American Petroleum Institute?
The Central Wyo Chapter of the American Petroleum Institute (API) aims to influence public policy in support of a robust, sustainable U.S. oil and natural gas industry. This industry is crucial for meeting consumer energy needs efficiently and in an environmentally responsible manner. Additionally, API offers opportunities for standards development, technical cooperation, and other activities to enhance the industry's competitiveness through sponsorship of self-supporting programs. This chapter was established by local industry members who wanted to support various educational, industry, and community service projects.
Official website here: www.casperapi.com
What is the revenue of Central Wyo Chap Of The American Petroleum Institute?
Central Wyo Chap Of The American Petroleum Institute's revenue in 2023 was $198,533.
Official website here: www.casperapi.com
Who are the executives of Central Wyo Chap Of The American Petroleum Institute and what are their salaries?
Here are 13 key members and their salaries:
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Official website here: www.casperapi.com
Where can I find the form 990 for Central Wyo Chap Of The American Petroleum Institute?
Central Wyo Chap Of The American Petroleum Institute's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.casperapi.com
Learn more at the official website: www.casperapi.com
Mission Statement of Central Wyo Chap Of The American Petroleum Institute
The Central Wyo Chap of the American Petroleum Institute, as an organization, is dedicated to influencing public policy in support of a robust and sustainable U.S. oil and natural gas industry. This industry is essential for meeting the energy needs of consumers in an efficient and environmentally responsible manner. Moreover, the chapter offers opportunities for standards development, technical cooperation, and various activities to enhance the industry's competitiveness through sponsorship of self-supporting programs. This chapter was initiated by local industry members with a shared desire to support a range of educational, industrial, and community service projects.
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Impact
October, 2024
The Central Wyoming Chapter of the American Petroleum Institute actively influences public policy to support a robust U.S. oil and natural gas industry, which is crucial for meeting consumer energy needs efficiently and responsibly. By advocating for regulatory frameworks that benefit the industry, the chapter helps ensure the viability of local energy resources and promotes sustainable practices.
In addition to its policy initiatives, the chapter plays a significant role in community engagement through education and scholarship programs. In 2022 alone, it awarded 20 scholarships to students pursuing higher education, thereby fostering youth development and encouraging the next generation to explore careers in the energy sector. This investment in local education not only benefits the recipients but also strengthens the overall workforce for the industry.
Through these efforts, the Central Wyoming Chapter enhances the competitiveness of the oil and gas sector while committing to environmental responsibility and community service. Its initiatives help create a more informed public and a more capable workforce, ultimately supporting the long-term health of both the industry and the community it serves.
This information is meant to be a general summary of Central Wyo Chap Of The American Petroleum Institute. 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: $6,777
- Gross Receipts: $459,128
Assets and Liabilities:
- Total Assets: $289,990
- Total Liabilities: $0
- Net Assets: $289,990
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Organization Details
Founding Year
2003
Principal Officer
Carrie Ballew-Reese
Website
www.casperapi.comNTEE Category
Code: O12 - Youth development
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