National Association Of Royalty Owners - California Inc

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

EIN: 463240506 ✦ Bakersfield, CA ✦ Designated as a 501(c)(6)

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Overview

What is National Association Of Royalty Owners - California Inc?

National Association of Royalty Owners - California Inc, serving as a California-based chapter of the national organization, is committed to safeguarding and enhancing the societal, financial, and educational interests of mineral and royalty owners. Their primary objective is to safeguard and strengthen their legal rights, promoting an environment that fosters their welfare. The association works towards this goal by preserving and advancing the interests of its members, ensuring their voices are heard and their rights are upheld.

Is National Association Of Royalty Owners - California Inc legitimate?

National Association Of Royalty Owners - California Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. National Association Of Royalty Owners - California Inc 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.

What is the mission statement of National Association Of Royalty Owners - California Inc?

The National Association of Royalty Owners - California Inc, acting as a chapter of the national organization, is committed to safeguarding and enhancing the social, financial, and educational interests of mineral and royalty owners. Their mission is centered around preserving and protecting the legal rights of these individuals, as well as advocating for their advancement.

Who is the CEO of National Association Of Royalty Owners - California Inc?

Edward S Hazard is the President of National Association Of Royalty Owners - California Inc.

What is the revenue of National Association Of Royalty Owners - California Inc?

National Association Of Royalty Owners - California Inc's revenue in 2022 was $3,322.

Who are the executives of National Association Of Royalty Owners - California Inc and what are their salaries?


Here are 8 key members and their salaries:


Edward S Hazard (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Edward S Renwick (Vp / Sec)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark O Phillips (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Roy Reed (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Douglas H Donath (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matthew J Finnegan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maribel Hernandez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ryan Nielsen (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for National Association Of Royalty Owners - California Inc?

National Association Of Royalty Owners - California Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of National Association Of Royalty Owners - California Inc

The National Association of Royalty Owners - California, Inc. serves as a state chapter of the National Association of Royalty Owners, with a mission to safeguard, promote, and enhance the societal, financial, and educational interests, as well as the legal rights, of mineral and royalty owners. This nonprofit organization is dedicated to preserving and advancing the well-being of individuals who own mineral and royalty rights. By doing so, they aim to empower these individuals and uphold their legal entitlements in the field of mineral and royalty ownership.

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Impact




October, 2024

The National Association of Royalty Owners - California Inc plays a crucial role in advocating for the rights and interests of mineral and royalty owners in the state. By focusing on preservation and protection, the organization ensures that the economic benefits associated with mineral rights are fairly represented and maximized for those who own them.

Additionally, it works to educate members on legal rights and changes in legislation, empowering them to make informed decisions regarding their assets. This collective approach fosters a sense of unity among royalty owners, enhancing their ability to address common challenges and interests. By promoting mutual benefit, the organization positively impacts the local economy and strengthens the community of mineral owners in California, ultimately contributing to the sustainable management of natural resources.




This information is meant to be a general summary of National Association Of Royalty Owners - California 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
$3,322 (2022)
201320152016201720182019202020212022$0$10,000$20,000$30,000$40,000
Expenses
$3,813 (2022)
201320152016201720182019202020212022$0$15,000$30,000$45,000$60,000
Efficiency
2013201520162017201820192020202120220%0.2%0.4%0.6%0.8%1%

Other financial information:

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

  • Gross Receipts: $3,322

Assets and Liabilities:

  • Total Assets: $2,722
  • Total Liabilities: $1,165
  • Net Assets: $1,557

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Organization Details

Principal Officer

Edward S Hazard

Main Address

2119 Verde Street, Bakersfield, CA, 93304

NTEE Category

Code: Y99 - Mutual benefit

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