Overview
What is Permian Basin Chapter-Api?
The Permian Basin Chapter-API is a local chapter of the American Petroleum Institute, established by industry professionals seeking to foster camaraderie, facilitate information exchange, and enhance member skills through discussions on industry-related issues, technologies, and operational experiences. Based in Midland, Texas, the chapter carries out its mission by hosting annual events such as a golf tournament and team roping/clay shooting, raising funds to award scholarships to deserving students pursuing degrees within the industry. With a nondiscriminatory policy, they have granted 36 scholarships to date, supporting higher education in the energy sector.
Official website here: www.permianbasinapi.com
Is Permian Basin Chapter-Api legitimate?
Permian Basin Chapter-Api is a legitimate nonprofit organization registered as a 501(c)(6) entity. Permian Basin Chapter-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: $0
For more financial information, click here
Official website here: www.permianbasinapi.com
What is the mission statement of Permian Basin Chapter-Api?
The Permian Basin Chapter-API, as part of the American Petroleum Institute, fosters camaraderie and knowledge exchange among local industry members. They organize annual events such as golf tournaments and team roping/clay shooting competitions to raise funds. Their primary mission is to sponsor fundraisers, utilizing a nondiscriminatory policy, to provide scholarships for students pursuing higher education within the industry. As a result, in the recent year, thirty-six scholarships were distributed to deserving students.
Official website here: www.permianbasinapi.com
Who is the CEO of Permian Basin Chapter-Api?
Kevin Northcutt is the President of Permian Basin Chapter-Api.
Official website here: www.permianbasinapi.com
What is the revenue of Permian Basin Chapter-Api?
Permian Basin Chapter-Api's revenue in 2022 was $81,099.
Official website here: www.permianbasinapi.com
Who are the executives of Permian Basin Chapter-Api and what are their salaries?
There 15 volunteers at Permian Basin Chapter-Api.
Here are 5 key members and their salaries:
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- Other: $0
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Official website here: www.permianbasinapi.com
Where can I find the form 990 for Permian Basin Chapter-Api?
Permian Basin Chapter-Api's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.permianbasinapi.com
Learn more at the official website: www.permianbasinapi.com
Mission Statement of Permian Basin Chapter-Api
The Permian Basin Chapter-API, an affiliate of the American Petroleum Institute, is committed to fostering camaraderie, communication, and professional growth within the local industry. They achieve this by facilitating the exchange of information on industry matters, technology, and operational expertise. The chapter's primary mission, however, lies in its fundraising endeavors. Through annual events such as golf tournaments and team roping/clay shoots, the Permian Basin Chapter-API raises funds to grant scholarships to deserving students pursuing degrees within the industry. Adhering to a nondiscriminatory policy, the chapter aims to provide equal educational opportunities, as demonstrated by the distribution of thirty-six scholarships in a recent year.
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Impact
October, 2024
The Permian Basin Chapter of the American Petroleum Institute plays a vital role in enhancing the local community by fostering relationships among industry professionals and supporting education in the petroleum sector. By organizing events like golf tournaments and team roping/clay shoots, the chapter generates funds that directly benefit students pursuing degrees in related fields.
In its recent efforts, the chapter awarded thirty-six scholarships, significantly impacting the educational journeys of these deserving individuals. This focus on education not only equips the next generation of industry leaders with the necessary skills and knowledge but also strengthens the entire petroleum community by ensuring a continuous influx of talent and innovation. The chapter contributes to both professional development and community improvement, creating a cycle of support that benefits everyone involved.
This information is meant to be a general summary of Permian Basin Chapter-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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $4,900
- Gross Receipts: $289,734
Assets and Liabilities:
- Total Assets: $325,230
- Total Liabilities: $0
- Net Assets: $325,230
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Organization Details
Founding Year
1978
Principal Officer
Kevin Northcutt
Main Address
PO BOX 142, MIDLAND, TX, 79702
Website
www.permianbasinapi.comNTEE Category
Code: S41 - Community improvement
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