Overview
What is Texas Independent Producers & Royalty Owners Association?
The Texas Independent Producers & Royalty Owners Association is a nonprofit organization situated in Austin, Texas. Their primary mission is to advocate for the interests and welfare of independent oil and gas operators, working interest owners, and royalty owners, as well as businesses that provide services for the energy sector. To fulfill this mission, they host an annual convention, offering attendees valuable insights on industry-related issues. With a small team of five employees, they contribute to the energy industry's growth and development in Texas.
Official website here: www.tipro.org
Is Texas Independent Producers & Royalty Owners Association legitimate?
Texas Independent Producers & Royalty Owners Association is a legitimate nonprofit organization registered as a 501(c)(6) entity. Texas Independent Producers & Royalty Owners 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $596,147
For more financial information, click here
Official website here: www.tipro.org
What is the mission statement of Texas Independent Producers & Royalty Owners Association?
The Texas Independent Producers & Royalty Owners Association dedicates its efforts to advocating for the interests and well-being of independent oil and gas operators, working interest owners, and royalty owners. Additionally, the organization supports businesses that offer services within the energy industry. Their mission is to promote and safeguard the interests of these individuals and businesses, ensuring their welfare in the oil and gas sector. To achieve this, they organize annual conventions, providing attendees with valuable information on issues pertinent to the industry.
Official website here: www.tipro.org
Who is the CEO of Texas Independent Producers & Royalty Owners Association?
Ed Longanecker Iii is the Chairman of Texas Independent Producers & Royalty Owners Association.
Official website here: www.tipro.org
What is the revenue of Texas Independent Producers & Royalty Owners Association?
Texas Independent Producers & Royalty Owners Association's revenue in 2023 was $1,918,470.
Official website here: www.tipro.org
Who are the executives of Texas Independent Producers & Royalty Owners Association and what are their salaries?
The average compensation at Texas Independent Producers & Royalty Owners Association during 2023 was $119,229. There are 5 employees and 100 volunteers at Texas Independent Producers & Royalty Owners Association.
Here are 28 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $226,753
- Related: $0
- Other: $31,030
- Compensation: $130,057
- Related: $0
- Other: $26,996
- Compensation: $105,082
- Related: $0
- Other: $9,888
Official website here: www.tipro.org
Where can I find the form 990 for Texas Independent Producers & Royalty Owners Association?
Texas Independent Producers & Royalty Owners Association's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.tipro.org
Learn more at the official website: www.tipro.org
Mission Statement of Texas Independent Producers & Royalty Owners Association
The Texas Independent Producers & Royalty Owners Association, abbreviated as TIPRO, is dedicated to championing the interests and improving the welfare of independent oil and gas operators, working interest owners, and royalty owners, alongside businesses that offer services within the energy sector. This nonprofit organization pursues its mission by promoting the needs and well-being of these groups, ensuring they are well-represented in the industry.
At the heart of TIPRO's activities is the annual convention, which serves as a vital platform for disseminating information on issues pertinent to the oil and gas sector. By attending this event, stakeholders can gain valuable insights and stay updated on trends and developments within the industry. This commitment to information sharing underpins TIPRO's mission of supporting the interests and welfare of its primary constituencies.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
The Texas Independent Producers & Royalty Owners Association (TIPRO) significantly influences the oil and gas sector in Texas by advocating for the interests and welfare of independent operators, working interest owners, royalty owners, and related service businesses. By serving as a crucial voice in the industry, TIPRO promotes policies and initiatives that benefit these stakeholders, ensuring their concerns and needs are represented at various levels.
One of the key impacts of TIPRO is its annual convention, which serves as a vital platform for industry professionals to gather and discuss pressing issues. This event provides valuable insights into regulatory developments, market trends, and technological advancements, fostering a collaborative environment for sharing knowledge and best practices. As a result, attendees are better equipped to navigate the complex landscape of the oil and gas industry, ultimately contributing to the industry's growth and sustainability.
Through its initiatives, TIPRO enhances community improvement, supporting not only its members but also fostering economic opportunities and job creation within Texas. By championing the needs of independent producers and royalty owners, TIPRO plays an essential role in sustaining a robust energy sector that benefits the broader Texas economy.
This information is meant to be a general summary of Texas Independent Producers & Royalty Owners 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: $407
- Program Service Revenue: $1,888,813
- Gross Receipts: $1,918,470
Assets and Liabilities:
- Total Assets: $1,094,714
- Total Liabilities: $869,432
- Net Assets: $225,282
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES
Revenue
$867,150
CONVENTION
Revenue
$114,825
MEMBER MEETINGS
Revenue
$120,783
TEXAS FOR NATURAL GAS
Revenue
$773,783
PUBLICATIONS
Revenue
$2,216
Organization Details
Founding Year
1946
Phone
(512) 477-4452Principal Officer
Ed Longanecker Iii
Main Address
919 CONGRESS AVENUE, AUSTIN, TX, 78701
Website
www.tipro.orgNTEE Category
Code: S41 - Community improvement
If you are a representative of Texas Independent Producers & Royalty Owners Association and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.