Victoria Chapter Of Api

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 746085122 ✦ Victoria, TX ✦ Designated as a 501(c)(6)

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Overview

What is Victoria Chapter Of Api?

The Victoria Chapter of API, located in Victoria, Texas, serves as a social club for individuals within the petroleum industry. Membership is open to all, regardless of race, creed, or color, and the chapter funds its activities through membership dues and meeting charges. The primary purpose of the organization is to provide a platform where petroleum industry professionals can network and share interests. In addition, the Victoria Chapter of API raises funds for scholarships to promote the oil and gas industry. These funds are primarily collected through annual golf tournaments, team roping events, and skeet shoots, with the scholarship committee selecting the recipients. Overall, the chapter aims to foster connections within the petroleum industry and support the next generation of professionals through educational scholarships.


Official website here: www.api-victoria.com

Is Victoria Chapter Of Api legitimate?

Victoria Chapter Of Api is a legitimate nonprofit organization registered as a 501(c)(6) entity. Victoria Chapter Of Api 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: $13,000

For more financial information, click here


Official website here: www.api-victoria.com

What is the mission statement of Victoria Chapter Of Api?

The Victoria Chapter of API was established with two primary objectives. Initially, it aimed to serve as a social club, where individuals working in the petroleum industry could interact with others sharing similar interests. The chapter covers the expenses associated with these gatherings through membership dues and meeting fees, utilizing the funds solely for supporting chapter activities. Membership is open to all individuals involved in the petroleum industry, regardless of their race, creed, or color.

The second purpose of this chapter is to support qualified individuals by providing college scholarships. These scholarships aim to promote the oil and gas industry. The chapter raises funds for these scholarships through sponsorship contributions at annual events such as a golf tournament, team roping event, and skeet shoot. The scholarship committee of the Victoria Chapter of the American Petroleum Institute is responsible for selecting the scholarship recipients.


Official website here: www.api-victoria.com

Who is the CEO of Victoria Chapter Of Api?

Shana Speer is the Chairman of Victoria Chapter Of Api.


Official website here: www.api-victoria.com

What is the revenue of Victoria Chapter Of Api?

Victoria Chapter Of Api's revenue in 2023 was $53,815.


Official website here: www.api-victoria.com

Who are the executives of Victoria Chapter Of Api and what are their salaries?

The average compensation at Victoria Chapter Of Api during 2023 was $13,000. There is 1 employee at Victoria Chapter Of Api.


Here are 2 key members and their salaries:


Ryan Rigamonti (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
See Attached Schedule For Others (Officers & D)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.api-victoria.com

Where can I find the form 990 for Victoria Chapter Of Api?

Victoria Chapter Of Api's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.api-victoria.com

Learn more at the official website: www.api-victoria.com

Mission Statement of Victoria Chapter Of Api

The Victoria Chapter of API, a social club primarily for individuals in the petroleum industry, was established with two main objectives. Initially, it was formed to serve as a platform where individuals with related petroleum interests could connect and socialize. The expenses associated with these meetings are covered through membership dues and meeting charges, which can be utilized solely for supporting chapter activities. The organization embraces diversity, welcoming members regardless of their race, creed, or color.

The second purpose of the Victoria Chapter of API is to provide financial aid in the form of college scholarships to qualified individuals. This initiative aims to promote the oil and gas industry. The funds required for these scholarships are raised through sponsorship contributions at annual events such as a golf tournament, team roping event, and skeet shoot. The scholarship committee of the Victoria Chapter of the American Petroleum Institute is responsible for selecting the scholarship recipients.

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Impact




October, 2024

The Victoria Chapter of API fosters a vibrant community for individuals in the petroleum industry, allowing them to connect and network with peers sharing similar interests. By providing a platform for social gatherings, the chapter strengthens professional relationships and collaborations within the sector. These meetings, financed through membership dues and event charges, promote camaraderie and knowledge sharing among members, enhancing the overall industry environment.

Additionally, the chapter plays a significant role in supporting education and workforce development within the petroleum field. Through fundraising efforts like annual golf tournaments and other events, it generates funds for college scholarships aimed at qualifying individuals. This commitment to education not only empowers young professionals but also contributes to the sustainability and growth of the oil and gas industry by investing in the next generation of leaders.

The Victoria Chapter of API promotes inclusivity, welcoming members regardless of race, creed, or color, which enriches the diversity of perspectives within the industry. Overall, its impact is felt through strengthened professional ties, educational support, and the advancement of the petroleum sector in the region.




This information is meant to be a general summary of Victoria Chapter Of Api. 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.

Revenue
$53,815 (2023)
Expenses
$50,175 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Program Service Revenue: $14,903
  • Gross Receipts: $178,632

Assets and Liabilities:

  • Total Assets: $21,952
  • Total Liabilities: $1,709
  • Net Assets: $20,243

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

MEMBERSHIP DUES

Revenue

$14,903

Organization Details

Founding Year

1970

Principal Officer

Shana Speer

Main Address

PO BOX 5275, VICTORIA, TX, 77903

NTEE Category

Code: Y00 - Mutual benefit

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