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Houma Invitational Oil Tournament Inc

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

EIN: 721187147 ✦ Houma, LA ✦ Designated as a 501(c)(7)

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Overview

What is Houma Invitational Oil Tournament Inc?

The Houma Invitational Oil Tournament Inc is a yearly golf event that serves as a gathering for oilfield-related organizations and their personnel, as well as customers. The main purpose of this tournament is to contribute financially, donating $500 annually, to enhance the local golf course's facilities by purchasing new equipment. By participating in this event, the participating companies strengthen their connections while simultaneously contributing to the community.

Is Houma Invitational Oil Tournament Inc legitimate?

Houma Invitational Oil Tournament Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. Houma Invitational Oil Tournament 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 Houma Invitational Oil Tournament Inc?

The Houma Invitational Oil Tournament Inc. organizes an annual golf event with the primary objective of fostering connections among oilfield companies and their personnel, as well as their customers. One of the key purposes of this tournament is to contribute financially, by donating $500, towards acquiring new equipment for a local golf course. This event serves as a platform for networking and community engagement, ultimately benefiting the golf course and the golfing community.

Who is the CEO of Houma Invitational Oil Tournament Inc?

Kurt Charpentier is the President of Houma Invitational Oil Tournament Inc.

What is the revenue of Houma Invitational Oil Tournament Inc?

Houma Invitational Oil Tournament Inc's revenue in 2022 was $67,339.

Who are the executives of Houma Invitational Oil Tournament Inc and what are their salaries?


Here are 3 key members and their salaries:


Kurt Charpentier (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tony Arcement (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shelly Toups (Secretary)
  • Compensation: $4,200
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Houma Invitational Oil Tournament Inc?

Houma Invitational Oil Tournament Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Houma Invitational Oil Tournament Inc

The Houma Invitational Oil Tournament Inc, an annual event, serves as a platform for oilfield-related companies. Its primary objective is to convene personnel and customers within this industry, fostering a sense of unity. Beyond this, the tournament also aims to contribute financially to local golf courses by donating $500 each year. This donation is used to procure new equipment, benefiting the golf course and enhancing the overall experience for its visitors. In essence, the Houma Invitational Oil Tournament Inc serves as a gathering point for the oil industry, while simultaneously supporting local golf courses with much-needed resources.

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Impact




October, 2024

The Houma Invitational Oil Tournament Inc significantly fosters community engagement and industry connections within the oilfield sector. By organizing an annual golf tournament, it creates a platform for oilfield-related companies to network, collaborate, and strengthen business relationships, enhancing the local economy.

Additionally, the tournament contributes to the community by donating funds to local golf courses for new equipment, which not only uplifts local recreational facilities but also promotes sports and outdoor activities among residents. This event enhances the visibility of the oil industry while encouraging camaraderie among professionals, ultimately benefiting both the participants and the broader community in Houma, Louisiana.




This information is meant to be a general summary of Houma Invitational Oil Tournament 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
$67,339 (2022)
Expenses
$37,773 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $105,860

Assets and Liabilities:

  • Total Assets: $45,420
  • Total Liabilities: $0
  • Net Assets: $45,420

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Organization Details

Principal Officer

Kurt Charpentier

Main Address

PO Box 3169, Houma, LA, 70361

NTEE Category

Code: N50 - Recreation

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