Overview
What is Independent Petroleum Association?
The Independent Petroleum Association (IPAA) is a prominent national trade organization situated in Washington, D.C. Representing numerous independent oil and natural gas producers and service companies across the United States, IPAA functions as an informed advocate for the exploration and production sector. With a mission to advocate its members' perspectives before the U.S. Congress, the White House, and federal agencies, IPAA actively works to influence various legislation related to the oil and gas industry. In addition to lobbying, IPAA provides economic and statistical data about the U.S. exploration and production industry, fostering networking and business development opportunities for its members. The organization employs approximately 14 individuals.
Official website here: www.ipaa.org
Is Independent Petroleum Association legitimate?
Independent Petroleum Association is a legitimate nonprofit organization registered as a 501(c)(6) entity. Independent Petroleum 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: $1,333,370
Professional Fundraising Fees: $0
Other Salaries and Wages: $771,353
For more financial information, click here
Official website here: www.ipaa.org
What is the mission statement of Independent Petroleum Association?
The Independent Petroleum Association (IPAA) serves as a national trade association, representing numerous independent oil and natural gas producers and service companies across the United States. Its primary role is to act as an informed advocate for the exploration and production segment of the industry, voicing the views of its members before the United States Congress, the White House, and federal agencies. The association provides economic and statistical data about the U.S. exploration and production industry to promote a comprehensive understanding of the sector. Furthermore, IPAA develops networking and business development opportunities for its members, fostering connections and collaboration within the industry.
Official website here: www.ipaa.org
Who is the CEO of Independent Petroleum Association?
Cjeffrey Eshelman is the Past Preside of Independent Petroleum Association.
Official website here: www.ipaa.org
What is the revenue of Independent Petroleum Association?
Independent Petroleum Association's revenue in 2022 was $4,673,733.
Official website here: www.ipaa.org
Who are the executives of Independent Petroleum Association and what are their salaries?
The average compensation at Independent Petroleum Association during 2022 was $150,337. There are 14 employees at Independent Petroleum Association.
Here are 59 key members and their salaries:
- Compensation: $750,041
- Related: $0
- Other: $29,736
- Compensation: $297,485
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- Other: $12,831
- Compensation: $282,843
- Related: $0
- Other: $16,498
- Compensation: $162,500
- Related: $0
- Other: $26,166
- Compensation: $147,000
- Related: $0
- Other: $25,584
- Compensation: $150,500
- Related: $0
- Other: $17,232
- Compensation: $108,450
- Related: $0
- Other: $17,588
- Compensation: $107,500
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- Other: $11,347
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Official website here: www.ipaa.org
Where can I find the form 990 for Independent Petroleum Association?
Independent Petroleum Association's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ipaa.org
Learn more at the official website: www.ipaa.org
Mission Statement of Independent Petroleum Association
The Independent Petroleum Association (IPAA) serves as a national trade association, representing numerous independent oil and natural gas producers and service companies across the United States. Headquartered in Washington, D.C., this organization functions as an informed voice for the exploration and production segment of the industry, advocating on behalf of its members before the United States Congress, the White House, and federal agencies. In addition to advocacy, IPAA also provides economic and statistical information about the U.S. exploration and production industry. Beyond this, IPAA develops networking and business development opportunities for its members, fostering connections and growth within the industry.
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Impact
October, 2024
The Independent Petroleum Association significantly influences the oil and natural gas industry in the United States by representing thousands of independent producers and service companies. Headquartered in Washington, D.C., it acts as a robust advocate for its members, effectively communicating their perspectives to Congress, the White House, and federal agencies.
Through strategic lobbying efforts, the organization seeks to shape legislation that impacts the industry, ensuring that the interests of independent oil and gas producers are considered in policy decisions. Additionally, the IPAA is dedicated to providing valuable economic and statistical insights about the exploration and production sector, equipping its members with data that can inform their business strategies.
Furthermore, the association fosters networking and business development opportunities, facilitating connections that can lead to collaboration and growth among its members. The cumulative impact of these efforts helps to strengthen the independent oil and natural gas segment of the industry, contributing to economic development and job creation across the United States.
This information is meant to be a general summary of Independent Petroleum 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: -$36,772
- Program Service Revenue: $2,052,954
- Gross Receipts: $6,961,517
Assets and Liabilities:
- Total Assets: $4,079,891
- Total Liabilities: $994,435
- Net Assets: $3,085,456
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ENERGY AND DEPTH INITIATIVE
Revenue
$1,321,250
NAPE EXPO, LP
Revenue
$606,225
CONFERENCES & MEETINGS
Revenue
$125,479
Organization Details
Founding Year
1929
Phone
(202) 857-4722Principal Officer
Cjeffrey Eshelman
Main Address
1201 15TH STREET NW SUITE 450, WASHINGTON, DC, 20005
Website
www.ipaa.orgNTEE Category
Code: S41 - Community improvement
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