Overview
What is Society Of Independent Gasoline Marketers Of America?
The Society of Independent Gasoline Marketers of America, commonly known as Sigma, is a distinguished nonprofit organization based in Alexandria, Virginia. Established in 1958, its mission centers around benefiting consumers and members by ensuring a free and unencumbered economic environment for the competitive marketing of transportation fuels. With a dedicated team of 12 employees, Sigma provides a platform for mutual benefit by disseminating information, hosting conferences, and publishing educational materials. Volunteer leadership from member companies offers valuable insights and advice, fostering an environment for idea exchange and beneficial relationships between marketers. Additionally, Sigma serves as a legislative advocate for independent fuel marketers, advocating their interests before Congress and the administration in Washington, D.C. The organization's objectives include ensuring access to competitively priced products, enhancing members' ability to compete, and providing opportunities for information exchange and relationship building within the industry.
Official website here: www.sigma.org
Is Society Of Independent Gasoline Marketers Of America legitimate?
Society Of Independent Gasoline Marketers Of America is a legitimate nonprofit organization registered as a 501(c)(6) entity. Society Of Independent Gasoline Marketers Of America 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: $641,175
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,135,134
For more financial information, click here
Official website here: www.sigma.org
What is the mission statement of Society Of Independent Gasoline Marketers Of America?
The Society of Independent Gasoline Marketers of America, established in 1958, serves as the national trade association for successful, innovative, and forward-thinking fuel retailers and marketers in the United States. The organization's leadership is primarily volunteer-based, drawing from the expertise of esteemed entrepreneurs within its member companies. The mission of Society of Independent Gasoline Marketers of America is multi-faceted, with the primary objective of benefiting both consumers and its members. This is achieved by ensuring a free and unhampered economic environment for the competitive marketing of transportation fuels. The society strives to ensure an adequate supply of competitively priced products, enhance its members' competitiveness, provide a platform for the exchange of ideas and information, and foster beneficial relationships between marketers. Furthermore, Society of Independent Gasoline Marketers of America acts as a legislative advocate for independent fuel marketers, advocating their interests before Congress and the administration in Washington, D.C.
Official website here: www.sigma.org
Who is the CEO of Society Of Independent Gasoline Marketers Of America?
Ryan Mcnutt is the Ceo of Society Of Independent Gasoline Marketers Of America. The CEO's salary of Society Of Independent Gasoline Marketers Of America is $335,970 and their total compensation is $360,341.
Official website here: www.sigma.org
What is the revenue of Society Of Independent Gasoline Marketers Of America?
Society Of Independent Gasoline Marketers Of America's revenue in 2022 was $4,365,350.
Official website here: www.sigma.org
Who are the executives of Society Of Independent Gasoline Marketers Of America and what are their salaries?
The average compensation at Society Of Independent Gasoline Marketers Of America during 2022 was $148,026. There are 12 employees and 17 volunteers at Society Of Independent Gasoline Marketers Of America.
Here are 24 key members and their salaries (Society Of Independent Gasoline Marketers Of America's CEO's salary is $335,970 and their total compensation is $360,341):
- Compensation: $335,970
- Related: $0
- Other: $24,371
- Compensation: $254,626
- Related: $0
- Other: $24,164
- Compensation: $139,608
- Related: $0
- Other: $14,762
- Compensation: $123,943
- Related: $0
- Other: $14,508
- Compensation: $106,030
- Related: $0
- Other: $13,367
- Compensation: $103,458
- Related: $0
- Other: $12,724
- Compensation: $107,680
- Related: $0
- Other: $3,188
- Compensation: $0
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- Other: $0
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Official website here: www.sigma.org
Where can I find the form 990 for Society Of Independent Gasoline Marketers Of America?
Society Of Independent Gasoline Marketers Of America's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.sigma.org
Learn more at the official website: www.sigma.org
Mission Statement of Society Of Independent Gasoline Marketers Of America
The Society of Independent Gasoline Marketers of America, often referred to as Sigma, was established with a mission to benefit its members and consumers by fostering a competitive market for transportation fuels. This mission, initiated in 1958, aims to ensure an unhindered economic environment where members can market fuel competitively. The organization's leadership is primarily composed of volunteers from its member companies, offering valuable insights from some of the most respected entrepreneurs in the nation.
Sigma's mission is multifaceted. Firstly, it strives to guarantee access to an ample supply of competitively priced fuel products. Secondly, the organization works towards enhancing the competitive abilities of its members. Thirdly, Sigma provides a platform for the exchange of ideas and information, fostering beneficial relationships between market participants. Lastly, it serves as a legislative advocate for independent fuel marketers, representing their interests before Congress and the administration in Washington, D.C. This mission is designed to support the organization's members and consumers, promoting a thriving market for transportation fuels.
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Impact
October, 2024
The Society of Independent Gasoline Marketers of America (SIGMA) plays a significant role in promoting a competitive market for transportation fuels. By supporting its members, SIGMA enhances their operational capabilities and engages them in industry advocacy, ensuring they have access to competitively priced products.
The organization provides vital resources through educational programs, conferences, and publications, which not only benefit its members but also serve government officials and the general public. This dissemination of information fosters collaboration and the exchange of innovative ideas among fuel marketers, enhancing the overall efficiency and competitiveness of the industry.
Founded in 1958, SIGMA represents some of the most successful and innovative fuel marketers and chain retailers in the U.S. Its leadership, drawn from experienced entrepreneurs within member companies, ensures that the association remains grounded in the realities of the marketplace. Additionally, SIGMA serves as a legislative advocate before Congress and administrative bodies, championing the interests of independent fuel marketers and contributing to policies that support a fair and free economic environment.
Overall, SIGMA’s impact extends not only to enhancing the success of its members but also to maintaining a thriving fuel market that ultimately benefits consumers.
This information is meant to be a general summary of Society Of Independent Gasoline Marketers Of America. 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: $55,787
- Program Service Revenue: $4,127,352
- Gross Receipts: $4,365,350
Assets and Liabilities:
- Total Assets: $2,954,146
- Total Liabilities: $1,916,225
- Net Assets: $1,037,921
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES
Revenue
$1,704,433
CONVENTION & CONFERENCE
Revenue
$1,210,372
ADVERTISING
Revenue
$1,141,271
SHARED GROUP INCOME
Revenue
$71,276
Organization Details
Founding Year
1958
Phone
(703) 709-7000Principal Officer
Ryan Mcnutt
Main Address
1330 BRADDOCK PLACE Suite 501, ALEXANDRIA, VA, 22314
Website
www.sigma.orgNTEE Category
Code: S41 - Community improvement
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