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Permian Basin Chapter Of The Intl Association Of Drilling Contractors Inc

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

EIN: 465545136 ✦ Lubbock, TX ✦ Designated as a 501(c)(6)

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Overview

What is Permian Basin Chapter Of The Intl Association Of Drilling Contractors Inc?

The Permian Basin Chapter of the International Association of Drilling Contractors is a nonprofit organization dedicated to strengthening the drilling industry. Its primary objective is to facilitate collaboration among its members, aiming to enhance the industry's reputation and boost the effectiveness and worth of services provided to producers. Although the information provided is limited, it suggests that the organization plays a crucial role in fostering unity and improving efficiency within the drilling contractors sector.

Is Permian Basin Chapter Of The Intl Association Of Drilling Contractors Inc legitimate?

Permian Basin Chapter Of The Intl Association Of Drilling Contractors Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Permian Basin Chapter Of The Intl Association Of Drilling Contractors 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 Permian Basin Chapter Of The Intl Association Of Drilling Contractors Inc?

The Permian Basin Chapter of the International Association of Drilling Contractors has a mission to facilitate collaboration among its members with the objective of enhancing the reputation of the drilling industry. They strive to boost the worth and productivity of the services provided to producers by working collectively. The chapter's purpose is to foster an environment that encourages the exchange of ideas and best practices, ultimately leading to improved industry standards. By doing so, they aim to enhance the overall efficiency and effectiveness of drilling operations.

Who is the CEO of Permian Basin Chapter Of The Intl Association Of Drilling Contractors Inc?

John Ross Norton is the Treasurer of Permian Basin Chapter Of The Intl Association Of Drilling Contractors Inc.

What is the revenue of Permian Basin Chapter Of The Intl Association Of Drilling Contractors Inc?

Permian Basin Chapter Of The Intl Association Of Drilling Contractors Inc's revenue in 2022 was $60,686.

Who are the executives of Permian Basin Chapter Of The Intl Association Of Drilling Contractors Inc and what are their salaries?


Here are 4 key members and their salaries:


Jacob Bruster (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Morgan Cole (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Justin Hearn (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Ross Norton (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Permian Basin Chapter Of The Intl Association Of Drilling Contractors Inc?

Permian Basin Chapter Of The Intl Association Of Drilling Contractors Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Permian Basin Chapter Of The Intl Association Of Drilling Contractors Inc

The Permian Basin Chapter of the International Association of Drilling Contractors has a mission to facilitate collaboration among its members, with the goal of enhancing the reputation and boosting the effectiveness of services provided to the oil and gas industry. This organization serves as a platform for its members to collaborate and collectively work towards improving the industry's standing. By working together, they aim to increase the efficiency and value of services rendered to producers.

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Impact




October, 2024

The Permian Basin Chapter of the International Association of Drilling Contractors Inc. significantly impacts the drilling industry by fostering collaboration among its members to enhance industry standards and practices. By providing a platform for networking and knowledge exchange, the chapter helps its members increase the efficiency and value of their services. This collective approach not only elevates the stature of the drilling industry but also contributes to community improvement by promoting responsible drilling practices and sustainable development in the Permian Basin, particularly in Lubbock, Texas. Such initiatives ultimately lead to economic growth and environmental stewardship in the region.




This information is meant to be a general summary of Permian Basin Chapter Of The Intl Association Of Drilling Contractors 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
$60,686 (2022)
Expenses
$54,379 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $95,481
  • Gross Receipts: $153,738

Assets and Liabilities:

  • Total Assets: $63,791
  • Total Liabilities: $0
  • Net Assets: $63,791

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Organization Details

Principal Officer

John Ross Norton

Main Address

4420 6th St, Lubbock, TX, 79416

NTEE Category

Code: S46 - Community improvement

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