Petroleum Club Of Fort Worth

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

EIN: 750880461 ✦ Fort worth, TX ✦ Designated as a 501(c)(7)

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Overview

What is Petroleum Club Of Fort Worth?

The Petroleum Club of Fort Worth is a nonprofit organization situated at 777 Main Street Suite 2760, Fort Worth, Texas 76102. Established by individuals and representatives with interests in oil, gas, and minerals, as well as members of the Fort Worth Oil Societies, the club's objective was to unite and affiliate their societies for mutual benefit and enjoyment. The Petroleum Club of Fort Worth serves its approximately 500 members through a dining room, bar, and entertainment, offering food, beverages, and various social activities. The organization has a team of 40 employees dedicated to managing these services.


Official website here: www.fwpetroleumclub.com

Is Petroleum Club Of Fort Worth legitimate?

Petroleum Club Of Fort Worth is a legitimate nonprofit organization registered as a 501(c)(7) entity. Petroleum Club Of Fort Worth 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: $304,316
Professional Fundraising Fees: $0
Other Salaries and Wages: $144,939

For more financial information, click here


Official website here: www.fwpetroleumclub.com

What is the mission statement of Petroleum Club Of Fort Worth?

The Petroleum Club of Fort Worth was established with the mutual aim and benefit of oil, gas, and mineral interest groups and representatives from the Fort Worth Oil Societies. Their purpose was to unite and affiliate these societies into a single club, thereby enhancing their collective enjoyment. The club provides dining, beverage, and entertainment services to an average of 500 members.

In essence, the Petroleum Club of Fort Worth was formed to bring together individuals with interests in the oil, gas, and mineral sectors, and the representatives of Fort Worth Oil Societies. Their objective was to create a united club, the Petroleum Club of Fort Worth, which would benefit all members by providing a platform for mutual enjoyment. The club offers dining, beverage, and entertainment facilities, catering to an average of 500 members.


Official website here: www.fwpetroleumclub.com

Who is the CEO of Petroleum Club Of Fort Worth?

Stephen Till is the President of Petroleum Club Of Fort Worth.


Official website here: www.fwpetroleumclub.com

What is the revenue of Petroleum Club Of Fort Worth?

Petroleum Club Of Fort Worth's revenue in 2023 was $1,546,507.


Official website here: www.fwpetroleumclub.com

Who are the executives of Petroleum Club Of Fort Worth and what are their salaries?

The average compensation at Petroleum Club Of Fort Worth during 2023 was $11,231. There are 40 employees at Petroleum Club Of Fort Worth.


Here are 22 key members and their salaries:


Mark E Smith (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Crawley (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jamie Larkin (First Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Garry (Second Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Carlisle (Assistant Treasurer/Secret)
  • Compensation: $0
  • Related: $0
  • Other: $0
Greg Garcia (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ken Foote (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brad Leonard (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nathan Batts (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Nurdin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marshall Brown (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alana Long (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Preston Windham (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Thurston (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kenneth Spears (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sarah Bennett (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dennis Degner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Estes (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dave Leopold (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
George Jackson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen Till (General Manager)
  • Compensation: $206,135
  • Related: $0
  • Other: $18,597
Sherry Roach (Comptroller)
  • Compensation: $97,731
  • Related: $0
  • Other: $8,128


Official website here: www.fwpetroleumclub.com

Where can I find the form 990 for Petroleum Club Of Fort Worth?

Petroleum Club Of Fort Worth's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.fwpetroleumclub.com

Learn more at the official website: www.fwpetroleumclub.com

Mission Statement of Petroleum Club Of Fort Worth

The Petroleum Club of Fort Worth was established by individuals with interests in oil, gas, and minerals, as well as representatives from the Fort Worth Oil Societies. Recognizing the mutual benefits and enjoyment that could be derived from uniting and affiliating their societies, they resolved to establish the Petroleum Club of Fort Worth. This club's purpose and objective was to serve as a platform for the collective advantage of its members, providing a space for dining, socializing, and entertainment. The club's dining room and bar cater to an average of 500 members, offering a variety of food, beverages, and entertainment.

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Impact




October, 2024

The Petroleum Club of Fort Worth significantly impacts the local community and industry by fostering connections among professionals in the oil, gas, and mineral sectors. With a rich history rooted in the collaboration of representatives from various Fort Worth oil societies, the club serves as a vital networking hub for its approximately 500 members.

By providing a dedicated space for dining, socializing, and entertainment, the club enhances member engagement and encourages collaboration, ultimately benefiting the broader energy sector in Fort Worth. The club's activities promote professional development, industry awareness, and community involvement among its members, creating a vibrant atmosphere that supports mutual interests and enhances the local economy. Overall, the Petroleum Club plays a crucial role in strengthening relationships within the energy community, while also contributing to the cultural and social fabric of Fort Worth.




This information is meant to be a general summary of Petroleum Club Of Fort Worth. 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
$1,546,507 (2023)
2011201220132014201520162017201820192020202120222023$0$550k$1.1M$1.65M$2.2M
Expenses
$2,045,798 (2023)
2011201220132014201520162017201820192020202120222023$0$650k$1.3M$1.95M$2.6M
Efficiency
20112012201320142015201620172018201920202021202220230%9%18%27%36%45%

Other financial information:

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

  • Investment Income: $525
  • Gross Receipts: $3,028,863

Assets and Liabilities:

  • Total Assets: $5,982,940
  • Total Liabilities: $5,745,192
  • Net Assets: $237,748

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Organization Details

Founding Year

1985

Principal Officer

Stephen Till

Main Address

777 MAIN STREET SUITE 2760, FORT WORTH, TX, 76102

NTEE Category

Code: N03 - Recreation

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