Overview
What is Offshore Technology Conference?
The Offshore Technology Conference (OTC) is a nonprofit organization based in Richardson, Texas, with an address at 222 Palisades Creek Dr. OTC's primary mission is to foster the exchange of ideas and opinions among energy professionals, advancing scientific and technical knowledge for offshore resources and environmental matters. By organizing and operating events, OTC provides a platform for industry experts to share their insights and research. In the tax year under consideration, two OTC events took place: one during August 6-9, 2021, and the other during May 2-5, 2022. OTC aims to promote offshore resource development and environmental stewardship through its conferences and related activities.
Official website here: www.otcnet.org
What are the reviews and ratings of this charity?
The Offshore Technology Conference is not currently rated by Charity Navigator. This is because it does not qualify for a rating due to its status, as it is not registered as a 501(c)(3) nonprofit organization. The lack of a rating should not be automatically viewed as positive or negative, as it simply reflects the organization's ineligibility for evaluation under Charity Navigator's current methodology.
While historical ratings primarily focused on Accountability & Finance, there are no available financial details or information on salaries within the organization, further complicating any comprehensive evaluation under past criteria. The absence of this data highlights a limitation in assessing the financial transparency and operational standards typically reviewed by Charity Navigator.
Since the Offshore Technology Conference is not a 501(c)(3) nonprofit, it also cannot be evaluated through Charity Navigator's newer methodologies like Impact & Measurement, Culture & Community, or Leadership & Adaptability. These constraints make it challenging for potential donors or interested parties to gauge its performance through this particular channel. No user reviews are available on GreatNonprofits to provide additional insights or public sentiment.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Offshore Technology Conference?
94% of 379 reviewers on Facebook recommend the Offshore Technology Conference. Here’s a summary of what they are saying:
Overall, attendees express a positive experience, highlighting the event's impressive organization and the wealth of networking opportunities provided. Many appreciated the variety of exhibitors and sessions that catered to diverse aspects of the offshore technology industry, reinforcing its value as a key gathering for professionals in this field.
Reviewers have shared that they found the show to be informative and engaging, making it a worthwhile investment of time. Many feel that the conference effectively delivers on its promise to connect industry experts and facilitate knowledge sharing among participants.
This AI summary has been generated from reviews found on Facebook.
Is Offshore Technology Conference legitimate?
Offshore Technology Conference is a legitimate nonprofit organization registered as a 501(c)(6) entity. Offshore Technology Conference 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:
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For more financial information, click here
Official website here: www.otcnet.org
What is the mission statement of Offshore Technology Conference?
The Offshore Technology Conference (OTC) is dedicated to fostering the growth of scientific and technical knowledge concerning offshore resources and environmental matters. This organization serves as a platform for energy professionals to exchange ideas and opinions, with the ultimate goal of advancing scientific and technical understanding in these areas. Over the past tax year, OTC held two events, with the first taking place during August 6-9, 2021, and the second during May 2-5, 2022. These events provided valuable opportunities for the global community to come together, share insights, and collaborate on solutions for the challenges faced in the offshore industry.
Official website here: www.otcnet.org
Who is the CEO of Offshore Technology Conference?
Leigh Ann Runyan is the Director of Offshore Technology Conference.
Official website here: www.otcnet.org
What is the revenue of Offshore Technology Conference?
Offshore Technology Conference's revenue in 2022 was $23,847,449.
Official website here: www.otcnet.org
Who are the executives of Offshore Technology Conference and what are their salaries?
There 126 volunteers at Offshore Technology Conference.
Here are 17 key members and their salaries:
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Official website here: www.otcnet.org
Where can I find the form 990 for Offshore Technology Conference?
Offshore Technology Conference's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.otcnet.org
Learn more at the official website: www.otcnet.org
Mission Statement of Offshore Technology Conference
The Offshore Technology Conference (OTC), an exclusive organization, is dedicated to fostering the scientific and technical growth in the field of offshore resources and related environmental matters. Through this unique platform, energy professionals come together to exchange knowledge and shape the industry's future.
OTC serves as a pivotal meeting place where experts share insights, innovations, and perspectives to broaden the horizons of offshore resource exploration and environmental management. The conference comprises two primary events held annually, bringing together a diverse community of professionals to explore the latest advancements and challenges in their respective fields. In 2021, the conference took place during August 6-9, while the 2022 event was held from May 2-5.
OTC is more than just a gathering; it's an opportunity for industry innovators to present their research and forge new collaborations. The conference environment fosters a vibrant exchange of ideas, creating a dynamic atmosphere where attendees leave with fresh perspectives and renewed enthusiasm for their work. By promoting the advancement of scientific and technical knowledge, OTC plays a vital role in pushing the boundaries of what's possible in the realm of offshore resources and environmental matters.
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Impact
October, 2024
The Offshore Technology Conference (OTC) significantly impacts the energy sector by creating a platform for professionals to exchange innovative ideas and share knowledge related to offshore resources and environmental matters. By facilitating collaboration among experts, OTC fosters advancements in scientific and technical practices essential for sustainable offshore resource management.
OTC serves as a critical venue for showcasing the latest technologies and methodologies in the industry, enhancing the capabilities of the workforce. The conference also promotes dialogue on best practices, regulatory developments, and environmental considerations, equipping participants with valuable insights that can improve operational efficiency and environmental responsibility.
Additionally, the OTC contributes to community improvement by bringing together global leaders in the energy field, stimulating economic growth in the host city and beyond. The discussions held during the conference can lead to widespread adoption of innovative techniques and solutions that not only benefit companies but also address broader environmental issues, ultimately contributing to a sustainable future for offshore resource management.
This information is meant to be a general summary of Offshore Technology Conference. 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: $9,733
- Program Service Revenue: $23,705,058
- Gross Receipts: $23,847,449
Assets and Liabilities:
- Total Assets: $12,479,859
- Total Liabilities: $12,379,859
- Net Assets: $100,000
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
OTC Houston
Revenue
$20,730,395
OTC Asia
Revenue
$2,974,663
Organization Details
Founding Year
1969
Phone
(972) 952-9494Principal Officer
Leigh Ann Runyan
Main Address
222 Palisades Creek Dr, Richardson, TX, 75080
Website
www.otcnet.orgNTEE Category
Code: S41 - Community improvement
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