Overview
What is Ok Tx Panhandle Chapter Iadc?
The Ok Tx Panhandle Chapter Iadc is a nonprofit organization situated in Oklahoma City, serving members from local oil and natural gas drilling companies. Their primary objective is to enlighten their industry by organizing monthly luncheons, during which speakers address relevant issues. By collecting membership dues and funds raised through their annual golf tournament, they provide financial aid to deserving students through semi-annual scholarships.
Is Ok Tx Panhandle Chapter Iadc legitimate?
Ok Tx Panhandle Chapter Iadc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Ok Tx Panhandle Chapter Iadc 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Ok Tx Panhandle Chapter Iadc?
The Ok Tx Panhandle Chapter IADC, an organization primarily composed of members from local oil and natural gas drilling companies based in Oklahoma City, aims to educate their industry. They accomplish this goal by hosting monthly luncheons, inviting speakers to discuss current issues related to their field. Moreover, the chapter also generates funds through membership dues and annual golf tournaments, which are then used to award scholarships to needy students on a semi-annual basis.
What is the revenue of Ok Tx Panhandle Chapter Iadc?
Ok Tx Panhandle Chapter Iadc's revenue in 2023 was $194,572.
Who are the executives of Ok Tx Panhandle Chapter Iadc and what are their salaries?
There 5 volunteers at Ok Tx Panhandle Chapter Iadc.
Here are 5 key members and their salaries:
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Where can I find the form 990EZ for Ok Tx Panhandle Chapter Iadc?
Ok Tx Panhandle Chapter Iadc's most recent form 990EZ was submitted in 2023 and can be accessed here.
Mission Statement of Ok Tx Panhandle Chapter Iadc
The Ok Tx Panhandle Chapter IADC is an organization primarily focused on educating the local oil and natural gas drilling industry. Based on the information provided, it appears that the chapter achieves this goal through monthly luncheons, where industry professionals share insights on current issues relevant to their field. The organization's mission is to ensure that its members stay informed and up-to-date with the latest developments in the industry.
In addition to the monthly luncheons, the Ok Tx Panhandle Chapter IADC also contributes to the community by providing financial assistance to needy students through semi-annual scholarships. The revenue generated from membership dues and the annual golf tournament is used for this purpose. This philanthropic activity further underscores the chapter's commitment to supporting and investing in the future of the industry and its members.
In summary, the Ok Tx Panhandle Chapter IADC serves as a platform for education and networking within the local oil and natural gas drilling industry. Through its monthly luncheons and scholarships, it aims to support the professional development of its members and contribute to the community.
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Impact
October, 2024
The Ok Tx Panhandle Chapter IADC significantly influences the oil and natural gas drilling industry in the Oklahoma City region. By hosting monthly luncheons, the chapter provides a vital platform for industry professionals to gather and discuss pressing issues, fostering an environment of continuous education and networking. These events feature expert speakers who address current trends and challenges, ensuring that members stay informed and equipped to navigate the evolving landscape of the industry.
Moreover, the chapter enhances community engagement by offering scholarships to needy students, redistributing funds raised from membership dues and an annual golf tournament. This initiative not only supports the educational aspirations of local students but also strengthens the connection between the industry and the community it serves. Through these efforts, the Ok Tx Panhandle Chapter IADC plays a crucial role in promoting knowledge sharing, professional development, and community support within the region’s oil and gas sector.
This information is meant to be a general summary of Ok Tx Panhandle Chapter Iadc. 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 2023.
- Investment Income: $192
- Gross Receipts: $194,572
Assets and Liabilities:
- Total Assets: $341,545
- Total Liabilities: $0
- Net Assets: $341,545
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Organization Details
Founding Year
2016
Principal Officer
Lee Welker
NTEE Category
Code: Z99 - Unknown
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