Louisiana Oil & Gas Association

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

EIN: 721222821 ✦ Baton rouge, LA ✦ Designated as a 501(c)(6)

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Overview

What is Louisiana Oil & Gas Association?

The Louisiana Oil & Gas Association is a nonprofit organization located in Baton Rouge, Louisiana. With a small workforce of just four individuals, their primary mission is to offer assistance to the independent oil and gas producers operating within the state. By providing essential support services, they aim to foster a thriving and sustainable oil and gas industry in Louisiana.

Is Louisiana Oil & Gas Association legitimate?

Louisiana Oil & Gas Association is a legitimate nonprofit organization registered as a 501(c)(6) entity. Louisiana Oil & Gas Association 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: $100,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $202,507

For more financial information, click here

What is the mission statement of Louisiana Oil & Gas Association?

The Louisiana Oil & Gas Association's mission is centered around offering assistance to the independent oil and gas producers operating within Louisiana. Their primary goal is to provide essential support services to these producers, aiming to strengthen their operations and contribute to the overall industry's success in the state. This association serves as a resourceful network, offering various services that cater to the unique needs of the independent producers.

Who is the CEO of Louisiana Oil & Gas Association?

Mike Moncla is the President of Louisiana Oil & Gas Association.

What is the revenue of Louisiana Oil & Gas Association?

Louisiana Oil & Gas Association's revenue in 2022 was $687,962.

Who are the executives of Louisiana Oil & Gas Association and what are their salaries?

The average compensation at Louisiana Oil & Gas Association during 2022 was $75,627. There are 4 employees at Louisiana Oil & Gas Association.


Here are 7 key members and their salaries:


Mike Moncla (President)
  • Compensation: $100,000
  • Related: $0
  • Other: $0
Arthur Price (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Smart (General Counsel)
  • Compensation: $0
  • Related: $0
  • Other: $0
Earl Landry (Executive Dir.)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ben Marchive Ii (Executive Dir.)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barry R Salsbury (Executive Dir.)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joey Jacobs (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Louisiana Oil & Gas Association?

Louisiana Oil & Gas Association's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Louisiana Oil & Gas Association

The Louisiana Oil & Gas Association, as denoted in its mission, is dedicated to offering assistance and support services to the independent oil and gas producers operating within the state of Louisiana. This nonprofit organization's primary objective is to cater to the needs of these independent producers, ensuring they have the necessary resources to thrive in their respective industries. By providing these support services, Louisiana Oil & Gas Association plays a crucial role in fostering the growth and success of the state's independent oil and gas sector.

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Impact




October, 2024

The Louisiana Oil & Gas Association plays a significant role in supporting independent oil and gas producers in the state. By offering a range of support services, the organization enhances the operational capabilities of these producers, fostering a more robust and sustainable industry. Its efforts contribute to economic growth, job creation, and community development within Louisiana. Through advocacy, education, and resources, the association strengthens the oil and gas sector, ensuring that independent producers can compete effectively and thrive in a challenging market. This impact extends beyond the industry itself, as a vibrant oil and gas sector contributes to overall community improvement and regional stability.




This information is meant to be a general summary of Louisiana Oil & Gas Association. 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
$687,962 (2022)
Expenses
$585,466 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $978
  • Program Service Revenue: $548,775
  • Gross Receipts: $907,850

Assets and Liabilities:

  • Total Assets: $1,469,711
  • Total Liabilities: $266,363
  • Net Assets: $1,203,348

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Membership Dues & Assessments

Revenue

$548,775

Organization Details

Principal Officer

Mike Moncla

Main Address

P O BOX 4069, BATON ROUGE, LA, 70821

NTEE Category

Code: S41 - Community improvement

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