Overview
What is Midland Energy Library Inc?
Midland Energy Library Inc is a nonprofit organization situated in Midland, Texas, with the postal address 2900 W Front Street, 79701. Its primary purpose is to serve as a repository for unique geological data related to the exploration of oil, gas, and certain mineral resources within the Permian Basin. This information is vital for researchers and professionals in the petroleum industry, as well as educators, students, and other interested individuals. The library's activities include preserving and making this data accessible, benefiting approximately 200-300 people monthly. Established to house and preserve scientific petroleum data, Midland Energy Library Inc operates as a working library, promoting knowledge and research in the petroleum industry.
Official website here: www.midlandenergylibrary.com
Is Midland Energy Library Inc legitimate?
Midland Energy Library Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Midland Energy Library 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $129,784
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Official website here: www.midlandenergylibrary.com
What is the mission statement of Midland Energy Library Inc?
Midland Energy Library Inc was established with the mission to serve as a repository for scientific, geological, and engineering data gathered by the petroleum industry. This data is collected, preserved, cataloged, and exhibited with the intention of making it readily available for use by industry professionals, educators, students, and other interested individuals. The library operates as a working facility, providing unique data essential for the exploration of oil and gas, as well as certain mineral resources within the Permian Basin. It is estimated that the library benefits around 200-300 people each month.
Official website here: www.midlandenergylibrary.com
Who is the CEO of Midland Energy Library Inc?
Alan Lefever is the Treasurer of Midland Energy Library Inc.
Official website here: www.midlandenergylibrary.com
What is the revenue of Midland Energy Library Inc?
Midland Energy Library Inc's revenue in 2022 was $422,534.
Official website here: www.midlandenergylibrary.com
Who are the executives of Midland Energy Library Inc and what are their salaries?
The average compensation at Midland Energy Library Inc during 2022 was $32,446. There are 4 employees and 14 volunteers at Midland Energy Library Inc.
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Official website here: www.midlandenergylibrary.com
Where can I find the form 990 for Midland Energy Library Inc?
Midland Energy Library Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.midlandenergylibrary.com
Learn more at the official website: www.midlandenergylibrary.com
Mission Statement of Midland Energy Library Inc
Midland Energy Library Inc was established with a mission to serve as a repository for scientific petroleum data, catering to researchers and explorators in the oil and gas industry. The organization's primary goal is to collect, preserve, catalog, and exhibit geological and engineering data gathered by the petroleum industry. By doing so, Midland Energy Library Inc aims to function as a working library, providing industry professionals, educators, students, and other interested individuals with access to unique data essential for the exploration of oil and gas, as well as certain mineral resources, within the Permian Basin.
The library's operations are geared towards benefiting approximately 200-300 individuals each month, making valuable data readily available for use in their respective fields. Midland Energy Library Inc plays a crucial role in preserving and showcasing data that could potentially contribute to significant advancements in the oil and gas industry. By providing this service, the library contributes to ongoing research and innovation, ultimately supporting the industry's ongoing development.
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Impact
October, 2024
Midland Energy Library Inc plays a critical role in preserving and providing access to vital scientific petroleum data, which is essential for research and exploration in the oil and gas industry. By housing one-of-a-kind geological information, the library supports industry professionals, educators, students, and the interested public, facilitating informed decision-making and innovation in natural resource exploration.
The library serves approximately 200-300 individuals each month, fostering a collaborative environment where knowledge is shared and expanded. Its comprehensive collection enables users to conduct thorough research, ensuring that both current and future generations have access to invaluable data necessary for understanding the Permian Basin and beyond. Through its dedicated mission to collect, preserve, and exhibit geological and engineering data, Midland Energy Library Inc significantly contributes to the advancement of education and research in the energy sector.
This information is meant to be a general summary of Midland Energy Library 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: $4,593
- Program Service Revenue: $283,585
- Gross Receipts: $422,534
Assets and Liabilities:
- Total Assets: $1,470,315
- Total Liabilities: $20,478
- Net Assets: $1,449,837
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FEES FOR SERVICES
Revenue
$283,585
Organization Details
Founding Year
1984
Phone
(432) 683-8057Principal Officer
Alan Lefever
Main Address
2900 W FRONT STREET, Midland, TX, 79701
Website
www.midlandenergylibrary.comNTEE Category
Code: B76Z - Education
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