Illinois Oil & Gas Association

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

EIN: 370611177 ✦ Mt vernon, IL ✦ Designated as a 501(c)(6)

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Overview

What is Illinois Oil & Gas Association?

The Illinois Oil & Gas Association is a nonprofit organization situated in MT Vernon, Illinois. With a modest workforce of one individual, they serve the oil and gas industry by hosting fall and annual meetings to update members on current industry issues. Their offerings include training and safety materials, providing valuable industry information, and maintaining a directory listing of all members. Additionally, the Illinois Oil & Gas Association is dedicated to shedding light on emerging technology and legislation related to the oil and gas sector, contributing to the industry's growth and development.


Official website here: www.ioga.com

Is Illinois Oil & Gas Association legitimate?

Illinois Oil & Gas Association is a legitimate nonprofit organization registered as a 501(c)(6) entity. Illinois Oil & Gas Association 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: $129,000

For more financial information, click here


Official website here: www.ioga.com

What is the mission statement of Illinois Oil & Gas Association?

The Illinois Oil & Gas Association's mission is to offer insights into the latest technologies and regulations pertaining to the oil and gas industry. They accomplish this by keeping their members updated on current industry issues through their fall and annual meetings. Furthermore, the association provides training and safety resources in the form of books, offering valuable industry information. Additionally, the Illinois Oil & Gas Association maintains a directory listing of all its members, ensuring a comprehensive network of industry professionals.


Official website here: www.ioga.com

Who is the CEO of Illinois Oil & Gas Association?

Nelson Wood is the 1St Vice President of Illinois Oil & Gas Association.


Official website here: www.ioga.com

What is the revenue of Illinois Oil & Gas Association?

Illinois Oil & Gas Association's revenue in 2022 was $620,286.


Official website here: www.ioga.com

Who are the executives of Illinois Oil & Gas Association and what are their salaries?

The average compensation at Illinois Oil & Gas Association during 2022 was $129,000. There is 1 employee at Illinois Oil & Gas Association.


Here are 10 key members and their salaries:


Steve Lampley (1St Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nelson Wood (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jesse Middagh (Member At Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ryan Mitchell (2Nd Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matthew Mcarthy (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jared Tynes (General Counsel)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stacy Tate (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ross Basnett (3Rd Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brandi Stennett (Member At Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Stewart (Executive Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.ioga.com

Where can I find the form 990 for Illinois Oil & Gas Association?

Illinois Oil & Gas Association's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.ioga.com

Learn more at the official website: www.ioga.com

Mission Statement of Illinois Oil & Gas Association

The Illinois Oil & Gas Association serves a pivotal role in the oil and gas sector by providing insights into emerging technologies and relevant laws. Their mission, in essence, is to keep members well-informed about the intricacies of the oil and gas industry. They accomplish this through various means, such as organizing fall and annual meetings where current industry issues are discussed. Beyond these events, they also offer training and safety materials, ensuring that their members are equipped with the latest industry knowledge. Furthermore, the Illinois Oil & Gas Association maintains a comprehensive directory listing, providing a comprehensive overview of all its members, thereby fostering a sense of community and collaboration within the industry.

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Impact




October, 2024

The Illinois Oil & Gas Association plays a crucial role in shaping the landscape of the oil and gas industry within the state. By providing insights into new technologies and regulations, the organization ensures that its members stay informed and competitive in a rapidly evolving industry. Its fall and annual meetings serve as a platform for updating members on current industry issues, fostering a community of engaged professionals who can navigate challenges together.

Training and safety resources offered by the association equip members with essential knowledge, enhancing operational safety and efficiency. Additionally, the directory listing of all members creates opportunities for networking and collaboration, strengthening the industry's collective voice. Overall, the Illinois Oil & Gas Association significantly impacts community improvement and the industry's sustainability through education, advocacy, and support.




This information is meant to be a general summary of Illinois Oil & Gas Association. 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
$620,286 (2022)
Expenses
$610,219 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $20,588
  • Program Service Revenue: $235,727
  • Gross Receipts: $620,286

Assets and Liabilities:

  • Total Assets: $642,910
  • Total Liabilities: $18,516
  • Net Assets: $624,394

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Programs

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

FALL & ANNUAL MEETINGS

Revenue

$220,690

BULLETIN & WEBSITE ADV

Revenue

$9,160

INVENTORY

Revenue

$5,877

Organization Details

Founding Year

1944

Principal Officer

Nelson Wood

Main Address

PO BOX 788, MT VERNON, IL, 62864

NTEE Category

Code: S41 - Community improvement

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