Overview
What is West Virginia Oil Marketers And Grocers Assn Inc?
West Virginia Oil Marketers and Grocers Association, Inc., established in Charleston, West Virginia, serves as a nonprofit organization dedicated to promoting and enhancing the petroleum marketing, retail grocery, and convenience store industries within the state. They foster cooperation between industry members, increasing awareness of relevant laws and regulations, and advocating for favorable legislation. Additionally, they organize conventions and trade shows, offer education and resources to their members, and work towards maintaining high standards and addressing trade abuses within the industries. The association also aims to improve public understanding of industry issues and strengthen relationships between the public and the industries. With a team of five individuals, they strive to advance the business interests of those engaged in these sectors.
Official website here: www.omegawv.com
Is West Virginia Oil Marketers And Grocers Assn Inc legitimate?
West Virginia Oil Marketers And Grocers Assn Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. West Virginia Oil Marketers And Grocers Assn 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: $196,725
Professional Fundraising Fees: $0
Other Salaries and Wages: $596,976
For more financial information, click here
Official website here: www.omegawv.com
What is the mission statement of West Virginia Oil Marketers And Grocers Assn Inc?
West Virginia Oil Marketers and Grocers Association aims to advance the interests of businesses involved in petroleum marketing, retail grocery, and convenience stores. They accomplish this by fostering cooperation among industry members, raising awareness of relevant laws and regulations, lobbying for favorable legislation, organizing conventions and trade shows, and providing educational resources. The association also works towards establishing higher standards within the industries and addressing trade abuses, as well as enhancing public understanding of industry matters and improving relationships between the industry and the public.
Official website here: www.omegawv.com
Who is the CEO of West Virginia Oil Marketers And Grocers Assn Inc?
Traci Nelson is the Chairman of West Virginia Oil Marketers And Grocers Assn Inc.
Official website here: www.omegawv.com
What is the revenue of West Virginia Oil Marketers And Grocers Assn Inc?
West Virginia Oil Marketers And Grocers Assn Inc's revenue in 2022 was $1,157,634.
Official website here: www.omegawv.com
Who are the executives of West Virginia Oil Marketers And Grocers Assn Inc and what are their salaries?
The average compensation at West Virginia Oil Marketers And Grocers Assn Inc during 2022 was $158,740. There are 5 employees and 23 volunteers at West Virginia Oil Marketers And Grocers Assn Inc.
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- Compensation: $180,552
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- Other: $16,173
Official website here: www.omegawv.com
Where can I find the form 990 for West Virginia Oil Marketers And Grocers Assn Inc?
West Virginia Oil Marketers And Grocers Assn Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.omegawv.com
Learn more at the official website: www.omegawv.com
Mission Statement of West Virginia Oil Marketers And Grocers Assn Inc
West Virginia Oil Marketers and Grocers Association, Inc., serves as a proactive advocate for the petroleum marketing, retail grocery, and convenience store industries within the state. Their primary mission is to foster cooperation among these sectors by pursuing shared interests and objectives. This association strives to increase awareness of relevant federal, state, and local laws and regulations governing these industries. In addition, they actively lobby for favorable legislation and regulations that cater to the needs of these industries. To further support its members, the organization sponsors and promotes conventions and trade shows that showcase the industries. It also provides educational resources and sets higher standards within the industries, monitoring and addressing trade abuses. Ultimately, the West Virginia Oil Marketers and Grocers Association, Inc., aims to improve relations between these industries and the public, enhancing public awareness of industry-related issues.
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Impact
October, 2024
West Virginia Oil Marketers and Grocers Association Inc plays a vital role in promoting and advancing the petroleum and convenience store industry within the state. By fostering cooperation among industry stakeholders, the organization works to align their common interests and goals, ultimately creating a more cohesive and effective business environment.
One of the key impacts of the association is its focus on increasing awareness of federal, state, and local laws and regulations that affect the industry. This ensures that members are well-informed and compliant, enhancing their operations and reducing potential legal issues. The association also actively lobbies for favorable legislation, advocating for the interests of its members, which can lead to improved economic conditions for businesses within the sector.
Additionally, the association sponsors conventions and trade shows that promote networking, education, and industry advancement. These events provide valuable resources and learning opportunities, helping members stay updated on trends, technologies, and best practices in the industry.
By setting higher standards and addressing trade abuses, the organization reinforces industry integrity and professionalism, further contributing to the overall improvement of the business climate. Furthermore, it works to enhance public understanding of industry issues, fostering better relations between the public and businesses in the petroleum and convenience store sectors.
Overall, the association significantly impacts the business landscape in West Virginia by advocating for its members, promoting industry standards, and facilitating education and cooperation among stakeholders.
This information is meant to be a general summary of West Virginia Oil Marketers And Grocers Assn 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: $27,684
- Program Service Revenue: $118,276
- Gross Receipts: $1,393,835
Assets and Liabilities:
- Total Assets: $1,134,057
- Total Liabilities: $56,006
- Net Assets: $1,078,051
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TRADE SHOW AND CONVENT
Revenue
$78,679
INSURANCE ALLOWANCES
Revenue
$39,597
Organization Details
Founding Year
1995
Phone
(304) 343-5500Principal Officer
Traci Nelson
Main Address
2006 KANAWHA BLVD EAST, CHARLESTON, WV, 25311
Website
www.omegawv.comNTEE Category
Code: S41 - Community improvement
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