Overview
What is Petroleum Equipment & Services Association?
Petroleum Equipment & Services Association (PESA) is a nonprofit organization situated in Houston, Texas. Its primary mission is to empower the energy workforce of the future, transforming the industry by providing essential tools, information, representation, and advocacy for energy companies and workers. Restricted to credit departments of subscriber members, PESA's Credit Interchange Division offers a platform for exchanging credit and collection experiences, addressing the specific needs of the petroleum industry. With a workforce of 17 individuals, PESA connects, educates, supports, and advocates for energy companies and workers, fostering innovations and collaborations with governments, industry partners, and communities worldwide.
Official website here: www.energyworkforce.org
Is Petroleum Equipment & Services Association legitimate?
Petroleum Equipment & Services Association is a legitimate nonprofit organization registered as a 501(c)(6) entity. Petroleum Equipment & Services 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: $1,633,781
Professional Fundraising Fees: $0
Other Salaries and Wages: $646,543
For more financial information, click here
Official website here: www.energyworkforce.org
What is the mission statement of Petroleum Equipment & Services Association?
The Petroleum Equipment & Services Association's mission is to empower the energy workforce of the future. They achieve this by providing their members with the necessary tools, information, and representation to navigate a low-carbon future safely, profitably, and sustainably. The association connects, educates, supports, and advocates for energy companies and workers, both current and future. Their foresight and expertise help elevate the industry, fostering collaborations with governments, industry partners, and communities globally. Additionally, the association promotes innovation that will shape the industry and improve our changing world.
Official website here: www.energyworkforce.org
Who is the CEO of Petroleum Equipment & Services Association?
Leslie Beyer is the CEO of Petroleum Equipment & Services Association The CEO's salary of Petroleum Equipment & Services Association is $689,615 and their total compensation is $740,332.
Official website here: www.energyworkforce.org
What is the revenue of Petroleum Equipment & Services Association?
Petroleum Equipment & Services Association's revenue in 2023 was $4,342,356.
Official website here: www.energyworkforce.org
Who are the executives of Petroleum Equipment & Services Association and what are their salaries?
The average compensation at Petroleum Equipment & Services Association during 2023 was $162,880. There are 14 employees and 57 volunteers at Petroleum Equipment & Services Association.
Here are 24 key members and their salaries (Petroleum Equipment & Services Association's CEO's salary is $689,615 and their total compensation is $740,332):
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- Compensation: $689,615
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- Other: $50,717
- Compensation: $162,004
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- Other: $27,162
- Compensation: $303,093
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- Other: $68,629
- Compensation: $276,746
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- Other: $55,815
- Compensation: $129,545
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- Other: $13,880
- Compensation: $127,762
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- Other: $8,943
- Compensation: $110,281
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- Other: $43,571
- Compensation: $102,009
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- Other: $7,141
Official website here: www.energyworkforce.org
Where can I find the form 990 for Petroleum Equipment & Services Association?
Petroleum Equipment & Services Association's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.energyworkforce.org
Learn more at the official website: www.energyworkforce.org
Mission Statement of Petroleum Equipment & Services Association
Petroleum Equipment & Services Association, often referred to as PE&SA, is dedicated to empowering the energy workforce of the future. Their mission is twofold: to provide the necessary tools, information, and representation to energy companies and workers, enabling them to transition towards a low-carbon future in a safe, profitable, and sustainable manner. PE&SA connects, educates, supports, and advocates for these entities, leveraging their foresight and expertise to engage with governments, industry partners, and communities globally. By doing so, they elevate their industry and foster innovations that will shape the future and improve our changing world.
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Impact
October, 2024
The Petroleum Equipment & Services Association (PESA) plays a crucial role in shaping the future of the energy sector, particularly in transitioning towards a low-carbon economy. By equipping its members with the necessary tools and information, PESA empowers companies and workers within the petroleum industry to thrive in a rapidly evolving landscape.
Through programs like the Credit Interchange Division, PESA facilitates the exchange of credit and collection experiences among its members, addressing specific industry needs while maintaining confidentiality. This fosters a supportive network that enhances financial practices within the sector.
PESA’s mission emphasizes the importance of connection, education, support, and advocacy, which not only drives individual member success but also elevates the industry as a whole. By collaborating with governments, industry partners, and communities worldwide, PESA aids in fostering innovations that can reshape the energy landscape, contributing significantly to community improvement and global sustainability efforts.
This information is meant to be a general summary of Petroleum Equipment & Services 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 2023.
- Investment Income: $45,559
- Program Service Revenue: $4,067,383
- Gross Receipts: $5,010,706
Assets and Liabilities:
- Total Assets: $2,729,778
- Total Liabilities: $1,759,547
- Net Assets: $970,231
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES
Revenue
$1,894,000
MEETING INCOME
Revenue
$828,077
HUMAN RESOURCES
Revenue
$469,790
EMERGING LEADERS
Revenue
$438,275
WELL CONTROL
Revenue
$198,120
Organization Details
Founding Year
1933
Principal Officer
Timothy Tarpley
Website
www.energyworkforce.orgNTEE Category
Code: S41 - Community improvement
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