Oil Information Library Of Wichita Falls

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

EIN: 751239658 ✦ Wichita falls, TX ✦ Designated as a 501(c)(3)

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Overview

What is Oil Information Library Of Wichita Falls?

The Oil Information Library of Wichita Falls is a nonprofit organization located in Wichita Falls, Texas, specifically at 710 Lamar - Energy Center. Its primary mission is to foster and stimulate research and learning in the realm of geological science. With a team of three dedicated individuals, this library is committed to encouraging and promoting geological studies, aiming to expand our understanding of this field. While the description does not specify the scope of their activities, it's safe to assume that they provide resources and facilities for researchers, students, and enthusiasts alike to delve deeper into geological studies.


Official website here: www.oilwf.org

Is Oil Information Library Of Wichita Falls legitimate?

Oil Information Library Of Wichita Falls is a legitimate nonprofit organization registered as a 501(c)(3) entity. Oil Information Library Of Wichita Falls 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: $64,200
Professional Fundraising Fees: $0
Other Salaries and Wages: $71,293

For more financial information, click here


Official website here: www.oilwf.org

What is the mission statement of Oil Information Library Of Wichita Falls?

The Oil Information Library of Wichita Falls is established with a mission to stimulate, encourage, and enhance research and study in the realm of geological science. This organization is dedicated to promoting advancements in the field by fostering academic exploration and investigation. The library aims to serve as a hub for geological research, contributing to a deeper understanding and progress in this scientific domain.


Official website here: www.oilwf.org

What is the revenue of Oil Information Library Of Wichita Falls?

Oil Information Library Of Wichita Falls's revenue in 2024 was $264,078.


Official website here: www.oilwf.org

Who are the executives of Oil Information Library Of Wichita Falls and what are their salaries?

The average compensation at Oil Information Library Of Wichita Falls during 2024 was $45,164. There are 3 employees at Oil Information Library Of Wichita Falls.

Here are 9 key members and their salaries:


Bud Richardson (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chance Condron (Vice-President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jerry Hickman (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Hood (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joel Hawkins (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Trent Henderson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carl Craig (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hill Bradley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gail Phillips (General Manager)
  • Compensation: $64,200
  • Related: $0
  • Other: $0


Official website here: www.oilwf.org

Where can I find the form 990 for Oil Information Library Of Wichita Falls?

Oil Information Library Of Wichita Falls's most recent form 990 was submitted in 2024 and can be accessed here.


Official website here: www.oilwf.org

Learn more at the official website: www.oilwf.org

Mission Statement of Oil Information Library Of Wichita Falls

The Oil Information Library of Wichita Falls is a geological research library that plays a significant role in promoting, encouraging, and advancing research and study in the field of geological science. Established with a mission to foster this growth, the library organizes and encourages activities that contribute to the advancement of geological knowledge. By providing a platform for research, the library aims to inspire curiosity and understanding in the geological sciences, ultimately leading to new discoveries and advancements in the field.

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Impact




October, 2024

The Oil Information Library of Wichita Falls plays a crucial role in advancing geological research and education. By providing access to a wealth of resources related to geological science, the library fosters an environment of inquiry and discovery for students, researchers, and industry professionals. This support encourages collaborations that further scientific understanding and innovation within the field.

In promoting and advancing research initiatives, the library serves as a valuable hub for knowledge sharing, helping to connect experts and aspiring geologists. The availability of curated data and research materials aids in the development of new studies, potentially leading to breakthroughs in geological science, environmental protection, and resource management.

Additionally, the library's impact extends to the larger community by raising awareness about the importance of geological research in understanding Earth's processes and resources. This commitment to education and research ultimately contributes to the sustainable management of geological resources in Wichita Falls and beyond.




This information is meant to be a general summary of Oil Information Library Of Wichita Falls. 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
$264,078 (2024)
Expenses
$215,973 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $7,743
  • Program Service Revenue: $187,307
  • Gross Receipts: $280,118

Assets and Liabilities:

  • Total Assets: $307,580
  • Total Liabilities: $3,421
  • Net Assets: $304,159

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Programs

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

MEMBERSHIP DUES

Revenue

$106,996

REPRODUCTION INCOME

Revenue

$14,891

COMPUTER INCOME

Revenue

$14,295

LABOR INCOME

Revenue

$13,124

ELECTRIC LOG INCOME

Revenue

$9,530

Organization Details

Founding Year

1966

Principal Officer

Gail Phillips

NTEE Category

Code: U00 - Science research

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