Overview
What is Arkansas Oil Marketers Association Inc?
Arkansas Oil Marketers Association Inc is a nonprofit organization situated in Little Rock, Arkansas. With just two employees, their primary mission is to foster cooperation among petroleum marketers. This is achieved by advocating for uniform federal and state legislation, preventing discrimination, and combating unfair practices within the petroleum industry. The association aims to maintain a collaborative spirit among its members, contributing to a harmonious and fair operating environment in the petroleum sector.
Official website here: www.aoma.org
Is Arkansas Oil Marketers Association Inc legitimate?
Arkansas Oil Marketers Association Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Arkansas Oil Marketers Association 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: $114,855
Professional Fundraising Fees: $0
Other Salaries and Wages: $42,723
For more financial information, click here
Official website here: www.aoma.org
What is the mission statement of Arkansas Oil Marketers Association Inc?
The Arkansas Oil Marketers Association Inc's mission is centered around fostering a cooperative spirit among petroleum marketers. This is achieved by advocating for uniform federal and state legislation that benefits the industry. Furthermore, the organization works diligently to prevent unjust discrimination and unfair practices in all matters related to the petroleum industry. They strive to ensure fairness and unity among petroleum marketers, thereby promoting a harmonious business environment.
Official website here: www.aoma.org
What is the revenue of Arkansas Oil Marketers Association Inc?
Arkansas Oil Marketers Association Inc's revenue in 2023 was $457,013.
Official website here: www.aoma.org
Who are the executives of Arkansas Oil Marketers Association Inc and what are their salaries?
The average compensation at Arkansas Oil Marketers Association Inc during 2023 was $78,789. There are 2 employees and 4 volunteers at Arkansas Oil Marketers Association Inc.
Here are 16 key members and their salaries:
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Official website here: www.aoma.org
Where can I find the form 990 for Arkansas Oil Marketers Association Inc?
Arkansas Oil Marketers Association Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.aoma.org
Learn more at the official website: www.aoma.org
Mission Statement of Arkansas Oil Marketers Association Inc
Arkansas Oil Marketers Association Inc, a organization dedicated to petroleum marketers, strives to foster a collaborative spirit among its members. Their mission is achieved through several means. Firstly, they work towards securing the enactment of uniform federal and state legislation in the petroleum industry. This ensures a level playing field and prevents unjust discrimination, promoting fairness in all industry-related affairs. Secondly, Arkansas Oil Marketers Association Inc actively works against unfair practice methods within the petroleum industry. By doing so, they aim to protect the rights and interests of their members, fostering a positive and cooperative environment. Overall, the association's mission is to create a harmonious and equitable atmosphere among petroleum marketers, thereby benefiting the entire industry.
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Impact
October, 2024
Arkansas Oil Marketers Association Inc plays a crucial role in enhancing the petroleum marketing industry in Arkansas. By fostering cooperation among petroleum marketers, the association helps create a unified voice to address industry challenges and promote fair practices.
The association actively works to secure the enactment of uniform federal and state legislation, ensuring that petroleum marketers operate under consistent regulations. This effort is vital in preventing unjust discrimination and unfair practices within the industry, thereby protecting the interests of marketers and promoting a level playing field.
Located in Little Rock, Arkansas, the organization focuses on collaboration, allowing its members to share best practices and resources to improve operations and community impact. By emphasizing community improvement, the association contributes to a stronger and more equitable petroleum marketing environment, ultimately benefiting local economies and enhancing the industry's overall integrity.
This information is meant to be a general summary of Arkansas Oil Marketers Association 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 2023.
- Investment Income: $5,779
- Program Service Revenue: $451,234
- Gross Receipts: $457,013
Assets and Liabilities:
- Total Assets: $785,470
- Total Liabilities: $124,156
- Net Assets: $661,314
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONVENTION, TS, SEMINA
Revenue
$182,702
MEMBER DUES AND ASSESS
Revenue
$162,258
INSURANCE REFERRALS
Revenue
$53,297
DECALS
Revenue
$42,712
MISCELLANEOUS SERVICE
Revenue
$5,449
Organization Details
Founding Year
1942
Principal Officer
Steve Ferren
Website
www.aoma.orgNTEE Category
Code: S41 - Community improvement
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