Overview
What is American Exploration & Production Council Inc?
American Exploration & Production Council Inc, commonly referred to as AXPC, is a nonprofit organization based in Washington D.C. The primary goal of AXPC is to improve the business conditions of its members and the domestic oil and gas industry. They achieve this by providing members with updates on federal regulations, particularly those affecting tax laws and government controls. AXPC serves as a platform for formulating positions on proposed legislation and arranges meetings between member company representatives and members of Congress to present their views. The organization compiles information on the impact of legislative proposals on member companies and drafts position papers and legislative proposals for government officials and Congress. AXPC works closely with regulators and policy makers to educate them about the industry's operations, aiming to create sound, fact-based public policies that ensure the safe and responsible exploration of America's vast oil and natural gas resources. (120 words)
Official website here: www.axpc.org
Is American Exploration & Production Council Inc legitimate?
American Exploration & Production Council Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. American Exploration & Production Council Inc 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: $1,223,403
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,155,250
For more financial information, click here
Official website here: www.axpc.org
What is the mission statement of American Exploration & Production Council Inc?
American Exploration & Production Council Inc's mission is centered around educating regulators and policy makers about the operations within their industry. This aim is to facilitate the creation of well-informed, fact-based public policies that promote the safe and responsible exploration of the vast oil and natural gas resources in the United States. The council serves as a mediator, formulating positions on proposed legislation and advocating for its members' interests. They provide information on regulations affecting the domestic oil and gas industry, particularly in relation to tax laws and government controls. Additionally, the council arranges meetings between member company representatives and members of Congress to present their views and positions on relevant legislation. Compiled information on the impact of legislative proposals on member companies is also utilized, and position papers and legislative proposals are drafted and disseminated to governmental officials and members of Congress.
Official website here: www.axpc.org
Who is the CEO of American Exploration & Production Council Inc?
Anne Bradbury is the Ceo of American Exploration & Production Council Inc. The CEO's salary of American Exploration & Production Council Inc is $1,132,856 and their total compensation is $1,216,259.
Official website here: www.axpc.org
What is the revenue of American Exploration & Production Council Inc?
American Exploration & Production Council Inc's revenue in 2022 was $6,118,944.
Official website here: www.axpc.org
Who are the executives of American Exploration & Production Council Inc and what are their salaries?
The average compensation at American Exploration & Production Council Inc during 2022 was $396,442. There are 6 employees and 29 volunteers at American Exploration & Production Council Inc.
Here are 34 key members and their salaries (American Exploration & Production Council Inc's CEO's salary is $1,132,856 and their total compensation is $1,216,259):
- Compensation: $1,132,856
- Related: $0
- Other: $83,403
- Compensation: $430,000
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- Other: $21,421
- Compensation: $303,951
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- Other: $56,388
- Compensation: $282,000
- Related: $0
- Other: $17,924
- Compensation: $125,825
- Related: $0
- Other: $20,287
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Official website here: www.axpc.org
Where can I find the form 990 for American Exploration & Production Council Inc?
American Exploration & Production Council Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.axpc.org
Learn more at the official website: www.axpc.org
Mission Statement of American Exploration & Production Council Inc
The American Exploration & Production Council Inc, in its mission, collaborates with regulators and policy makers to enhance their understanding of the operations within the oil and natural gas industry. This knowledge allows them to craft well-informed, evidence-based public policies that foster the safe and responsible exploration of America's abundant energy resources. By educating these decision-makers, the council aims to create a legislative environment that benefits its member companies and the industry as a whole. The council accomplishes this by providing information on regulatory matters and tax laws affecting the domestic oil and gas sector, as well as formulating positions on proposed legislation. Additionally, it arranges meetings between council representatives and members of Congress, sharing the council's perspectives and advocating for policies that support the industry. The American Exploration & Production Council Inc also compiles data on the impact of legislative proposals on its member companies and drafts position papers and legislative proposals for submission to government officials and Congress.
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Impact
October, 2024
The American Exploration & Production Council Inc (AXPC) significantly influences the landscape of the oil and gas industry by fostering collaboration between industry stakeholders and policymakers. By providing essential education about industry operations, AXPC helps regulators develop sound, fact-based public policies. This ensures that legislation affecting the domestic oil and gas sector is well-informed and conducive to growth.
Through its advocacy efforts, AXPC promotes favorable business conditions for its members by effectively representing their interests in federal legislation. The council keeps its members informed about key federal regulations, tax law changes, and government controls, which are vital for strategic planning and compliance.
Furthermore, AXPC plays a crucial role in shaping legislative discussions by formulating positions on proposed policies, arranging meetings between member representatives and Congress, and presenting testimony to congressional committees. This proactive approach not only amplifies the voice of the oil and gas industry but also contributes to policy-making that prioritizes the safe and responsible exploration of America’s abundant natural resources. The council's dedication to community improvement and responsible practices positions it as a pivotal player in the ongoing dialogue about energy policy and environmental stewardship.
This information is meant to be a general summary of American Exploration & Production Council 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $194
- Program Service Revenue: $6,118,750
- Gross Receipts: $6,118,944
Assets and Liabilities:
- Total Assets: $6,177,072
- Total Liabilities: $3,792,395
- Net Assets: $2,384,677
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES AND ASSESSMENTS
Revenue
$6,028,750
SPONSORSHIPS
Revenue
$90,000
Organization Details
Founding Year
1975
Phone
(202) 920-1500Principal Officer
Anne Bradbury
Main Address
999 E ST NW, WASHINGTON, DC, 20004
Website
www.axpc.orgNTEE Category
Code: S41 - Community improvement
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