Overview
What is Permian Basin International Oil Show Inc?
Permian Basin International Oil Show Inc, based in Odessa, Texas, is a nonprofit organization with a small team of two individuals. Their primary mission is to host a biennial trade show for the oil and gas industry, attracting around 743 participating companies. This event, which draws in over 18,000 industry professionals, serves as a platform for networking and showcasing the latest innovations within the sector. The show aims to foster connections and promote the advancement of the oil and gas industry.
Official website here: www.pbioilshow.org
What do the Facebook reviews say about Permian Basin International Oil Show Inc?
86% of the 58 reviewers on Facebook recommend the Permian Basin International Oil Show Inc. Here's a summary of their input:
While the majority of users show a level of approval, the sentiments reflect a mix of experiences. Some found the event satisfactory, but there are also voices expressing disappointment and a preference not to attend in the future.
This suggests that while the nonprofit may deliver some value, there is room for improvement to enhance the experience for attendees. Overall, the organization has a solid base of supporters, though not all participants are convinced of its worth.
This AI summary has been generated from reviews found on Facebook.
Is Permian Basin International Oil Show Inc legitimate?
Permian Basin International Oil Show Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Permian Basin International Oil Show Inc 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: $135,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $48,770
For more financial information, click here
Official website here: www.pbioilshow.org
What is the mission statement of Permian Basin International Oil Show Inc?
The Permian Basin International Oil Show Inc organizes a biennial trade event for the oil and gas industry, attracting over 18,000 industry professionals and representing around 743 companies. While the provided information does not contain a clear mission statement, it can be inferred that the organization's purpose is to facilitate networking, information exchange, and showcase of new technologies and innovations within the oil and gas sector through its biennial trade show.
Official website here: www.pbioilshow.org
Who is the CEO of Permian Basin International Oil Show Inc?
Anthony Fry is the Board President of Permian Basin International Oil Show Inc.
Official website here: www.pbioilshow.org
What is the revenue of Permian Basin International Oil Show Inc?
Permian Basin International Oil Show Inc's revenue in 2022 was $484,437.
Official website here: www.pbioilshow.org
Who are the executives of Permian Basin International Oil Show Inc and what are their salaries?
The average compensation at Permian Basin International Oil Show Inc during 2022 was $91,885. There are 2 employees and 144 volunteers at Permian Basin International Oil Show Inc.
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Official website here: www.pbioilshow.org
Where can I find the form 990 for Permian Basin International Oil Show Inc?
Permian Basin International Oil Show Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.pbioilshow.org
Learn more at the official website: www.pbioilshow.org
Mission Statement of Permian Basin International Oil Show Inc
The Permian Basin International Oil Show Inc, in essence, organizes a biennial trade exhibition for the oil and gas industry. This event attracts a substantial number of related industry professionals, with approximately 743 companies participating and over 18,000 individuals in attendance. The primary goal of this organization is to facilitate this biennial trade show, serving as a platform for networking, showcasing innovations, and fostering collaboration within the oil and gas sector.
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Impact
October, 2024
The Permian Basin International Oil Show Inc. significantly impacts the oil and gas industry by facilitating a biennial trade show that serves as a vital networking and information hub for industry professionals. With approximately 743 companies represented and attendance exceeding 18,000 individuals, the event fosters connections that can lead to collaborative projects, technological advancements, and business growth.
This large gathering highlights the region's critical role in the oil and gas sector, showcasing new technologies and innovations that can enhance operational efficiency and safety. The trade show not only brings together industry leaders, suppliers, and service providers but also stimulates local economic activity through increased tourism and business for area hotels, restaurants, and services during the event. Overall, the Permian Basin International Oil Show plays a crucial role in promoting industry advancement, community improvement, and economic growth in the region.
This information is meant to be a general summary of Permian Basin International Oil Show Inc. 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: $34,855
- Program Service Revenue: $449,582
- Gross Receipts: $674,811
Assets and Liabilities:
- Total Assets: $2,410,579
- Total Liabilities: $233,926
- Net Assets: $2,176,653
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EXHIBIT SPACE SALES
Revenue
$449,582
Organization Details
Founding Year
1976
Phone
(432) 367-1112Principal Officer
Anthony Fry
Main Address
5030 E UNIVERSITY SUITE A-104, ODESSA, TX, 79761
Website
www.pbioilshow.orgNTEE Category
Code: S40 - Community improvement
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