Overview
What is Illinois Petroleum Resources Board?
The Illinois Petroleum Resources Board is a nonprofit organization based in Mount Vernon, Illinois. Its primary mission is to promote a comprehensive understanding of the oil and gas production industry in Illinois through education and public relations. The board aims to foster goodwill towards the industry by advocating for environmentally sound practices in both ongoing production and the resolution of historical oilfield issues. Additionally, the board supports research related to oil exploration, production, and problem remediation. They operate with a single employee and contribute to environmental remediation efforts caused by historical oil and gas production within the state.
Official website here: www.iprb.org
What do the Facebook reviews say about Illinois Petroleum Resources Board?
90% of the 8 reviewers on Facebook recommend the Illinois Petroleum Resources Board. Here's a snapshot of their thoughts:
Many reviewers highlighted the organization's effective representation of the Illinois oil industry and its advocacy for royalty owners. The consistent praise indicates that the nonprofit is fulfilling its mission and serving its community well.
Overall, supporters appreciate the efforts of the Illinois Petroleum Resources Board in promoting the interests of those involved in the oil sector, suggesting a strong level of satisfaction with what the organization delivers.
This AI summary has been generated from reviews found on Facebook.
Is Illinois Petroleum Resources Board legitimate?
Illinois Petroleum Resources Board is a legitimate nonprofit organization registered as a 501(c)(6) entity. Illinois Petroleum Resources Board 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: $110,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.iprb.org
What is the mission statement of Illinois Petroleum Resources Board?
The Illinois Petroleum Resources Board aims to promote a comprehensive understanding of the oil and gas production business within the industry. This is accomplished through education and public relations. The board also strives to foster goodwill toward the industry by encouraging environmentally friendly practices in ongoing production and addressing historical oilfield problems. Furthermore, the board supports research related to oil exploration, production, and problem remediation. Their mission is to promote sustainable practices while advocating for the industry's best interests.
Official website here: www.iprb.org
Who is the CEO of Illinois Petroleum Resources Board?
Casey Lampley is the Chairman of Illinois Petroleum Resources Board.
Official website here: www.iprb.org
What is the revenue of Illinois Petroleum Resources Board?
Illinois Petroleum Resources Board's revenue in 2022 was $681,030.
Official website here: www.iprb.org
Who are the executives of Illinois Petroleum Resources Board and what are their salaries?
The average compensation at Illinois Petroleum Resources Board during 2022 was $110,000. There is 1 employee at Illinois Petroleum Resources Board.
Here are 13 key members and their salaries:
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Official website here: www.iprb.org
Where can I find the form 990 for Illinois Petroleum Resources Board?
Illinois Petroleum Resources Board's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.iprb.org
Learn more at the official website: www.iprb.org
Mission Statement of Illinois Petroleum Resources Board
The Illinois Petroleum Resources Board, in its mission, aims to foster a comprehensive understanding of the oil and gas production business within Illinois. This is primarily achieved through education and public relations initiatives. The organization seeks to cultivate a positive perception towards the industry by promoting environmentally responsible practices in both current production and addressing historical oilfield issues. Furthermore, the Illinois Petroleum Resources Board supports research related to oil exploration, production, and problem remediation. This commitment to research and education is a significant step towards ensuring the industry adheres to sustainable practices, thereby contributing positively to the environment and the community at large.
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Impact
October, 2024
The Illinois Petroleum Resources Board significantly impacts the state's oil and gas industry by promoting a deeper understanding of its operations and advocating for environmentally responsible practices. Through education and public relations efforts, the Board fosters goodwill toward the industry, ensuring that community stakeholders are informed about the importance of oil and gas production in Illinois.
Moreover, the Board actively participates in environmental remediation efforts to address historical issues related to oil and gas production. By engaging in environmental characterization and remediation work, it helps mitigate the environmental impacts of past operations, thereby enhancing community trust and preserving local ecosystems.
In addition to raising awareness, the Board supports research initiatives that facilitate oil exploration, production, and problem remediation. This commitment to education and environmental stewardship not only strengthens the oil and gas sector's viability but also contributes to the overall improvement and sustainability of the surrounding communities. Through these multifaceted efforts, the Illinois Petroleum Resources Board plays a crucial role in balancing industrial activity with environmental and community health.
This information is meant to be a general summary of Illinois Petroleum Resources Board. 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: $20,510
- Program Service Revenue: $656,743
- Gross Receipts: $1,350,944
Assets and Liabilities:
- Total Assets: $1,685,544
- Total Liabilities: $47,483
- Net Assets: $1,638,061
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ASSESSMENT REVENUE
Revenue
$656,743
Organization Details
Founding Year
2007
Phone
(618) 242-2861Principal Officer
Casey Lampley
Main Address
PO BOX 941 824 E IL HWY 15, MOUNT VERNON, IL, 62864
Website
www.iprb.orgNTEE Category
Code: S41 - Community improvement
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