Overview
What is Petroleum Club Of Midland?
The Petroleum Club of Midland is a private membership organization situated in Midland, dedicated to fostering intellectual growth and professional development. Its primary objective is to catalyze the enhancement of human intellect through reading, discussions, lectures, information exchanges, and social interactions. By encouraging intellectual engagement, the club aims to stimulate educational improvement among its members, fostering a conducive environment for the exchange of ideas.
Official website here: www.pcmidland.com
Is Petroleum Club Of Midland legitimate?
Petroleum Club Of Midland is a legitimate nonprofit organization registered as a 501(c)(7) entity. Petroleum Club Of Midland 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: $201,716
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,306,209
For more financial information, click here
Official website here: www.pcmidland.com
What is the mission statement of Petroleum Club Of Midland?
The Petroleum Club of Midland's mission is centered around the improvement and development of its members' intellectual capacities. This is achieved through various means such as reading, discussions, exchanging ideas, attending lectures, gaining information, and engaging in social interactions. The club strives to provide an environment that fosters educational growth and development for its members. The primary objective of the Petroleum Club of Midland, as a non-profit organization, is to contribute to the educational betterment of its members through diverse means.
Official website here: www.pcmidland.com
Who is the CEO of Petroleum Club Of Midland?
Tommy Taylor is the President of Petroleum Club Of Midland.
Official website here: www.pcmidland.com
What is the revenue of Petroleum Club Of Midland?
Petroleum Club Of Midland's revenue in 2022 was $5,431,861.
Official website here: www.pcmidland.com
Who are the executives of Petroleum Club Of Midland and what are their salaries?
The average compensation at Petroleum Club Of Midland during 2022 was $34,832. There are 72 employees and 9 volunteers at Petroleum Club Of Midland.
Here are 11 key members and their salaries:
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- Compensation: $164,517
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- Other: $6,093
- Compensation: $114,872
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- Other: $175
Official website here: www.pcmidland.com
Where can I find the form 990 for Petroleum Club Of Midland?
Petroleum Club Of Midland's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.pcmidland.com
Learn more at the official website: www.pcmidland.com
Mission Statement of Petroleum Club Of Midland
The Petroleum Club of Midland's mission revolves around the enhancement and growth of its members' intellectual capacities. This is achieved through various means, such as fostering discussions, exchanging ideas, hosting lectures, and providing access to diverse information. The organization strives to cultivate an educational environment that encourages the continuous improvement of its members' minds. By engaging in these activities, the Petroleum Club of Midland aims to contribute to the overall development of its members, fostering a community of individuals who are intellectually enriched and socially connected.
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Impact
October, 2024
The Petroleum Club of Midland significantly enhances the intellectual and social landscape of the Midland community. By providing a private dining facility, it creates a conducive environment for members and their guests to engage in meaningful exchanges of business ideas and knowledge.
Focusing on the improvement and development of the human mind, the club offers a variety of activities such as lectures, discussions, and information-sharing sessions. This commitment to fostering educational improvement not only enriches the individual experiences of its members but also contributes to the overall growth and sophistication of the community. The exchange of ideas and networking opportunities available at the club reinforce vital connections among professionals, ultimately leading to a more informed and engaged populace. Through its efforts, the Petroleum Club of Midland plays a pivotal role in cultivating a culture of continuous learning and intellectual collaboration.
This information is meant to be a general summary of Petroleum Club Of Midland. 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: $37,706
- Program Service Revenue: $2,686,890
- Gross Receipts: $6,672,873
Assets and Liabilities:
- Total Assets: $8,505,669
- Total Liabilities: $570,216
- Net Assets: $7,935,453
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES
Revenue
$2,148,432
INITIATION FEES
Revenue
$538,458
Organization Details
Founding Year
1947
Phone
(432) 682-2557Principal Officer
Tommy Taylor
Main Address
PO BOX 10527, MIDLAND, TX, 79702
Website
www.pcmidland.comNTEE Category
Code: N60 - Recreation
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