Overview
What is National Association Of Royalty Owners- Texas Inc?
The National Association of Royalty Owners-Texas Inc is a nonprofit organization that prioritizes raising awareness and offering education to royalty owners. They achieve this goal by providing various resources, such as regular notifications and annual conventions. These events cover a range of topics, including oil and gas production issues, the fractionalization of ownership interests, estate planning, and legislative updates that are relevant to royalty owners and the general public. By doing so, the association aims to equip royalty owners with the necessary knowledge and resources to navigate related challenges effectively.
Official website here: www.naro-tx.org
Is National Association Of Royalty Owners- Texas Inc legitimate?
National Association Of Royalty Owners- Texas Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. National Association Of Royalty Owners- Texas 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:
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Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.naro-tx.org
What is the mission statement of National Association Of Royalty Owners- Texas Inc?
The National Association of Royalty Owners-Texas strives to enlighten and educate royalty owners by disseminating relevant information through resources such as notifications and annual conventions. Their focus areas include oil and gas production issues, the fractionalization of ownership interests, estate planning, and updates on legislative matters, ensuring that both royalty owners and the public are well-informed.
Official website here: www.naro-tx.org
Who is the CEO of National Association Of Royalty Owners- Texas Inc?
Clinton Butler is the President of National Association Of Royalty Owners- Texas Inc.
Official website here: www.naro-tx.org
What is the revenue of National Association Of Royalty Owners- Texas Inc?
National Association Of Royalty Owners- Texas Inc's revenue in 2022 was $224,014.
Official website here: www.naro-tx.org
Who are the executives of National Association Of Royalty Owners- Texas Inc and what are their salaries?
Here are 28 key members and their salaries:
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Official website here: www.naro-tx.org
Where can I find the form 990 for National Association Of Royalty Owners- Texas Inc?
National Association Of Royalty Owners- Texas Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.naro-tx.org
Learn more at the official website: www.naro-tx.org
Mission Statement of National Association Of Royalty Owners- Texas Inc
The National Association of Royalty Owners-Texas, in its mission, strives to enlighten and educate royalty owners. By leveraging a variety of resources, such as notifications and annual conventions, this organization aims to broaden the awareness of royalty owners regarding oil and gas production issues, fractionalization of ownership interests, estate planning, and legislative updates. The association's initiatives are not limited to royalty owners, but also extend to the public at large, ensuring that everyone stays informed on these crucial matters.
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Impact
October, 2024
The National Association of Royalty Owners- Texas Inc significantly enhances the awareness and education of royalty owners regarding their rights and responsibilities. By hosting annual conventions and offering a range of informative resources, they ensure that members are well-informed about critical topics such as oil and gas production issues, fractionalization of ownership interests, and estate planning. Their efforts also include providing legislative updates that keep royalty owners and the general public informed about relevant changes in laws and regulations. Through these initiatives, they empower individuals and communities, fostering a better understanding of the complexities surrounding mineral rights and helping to improve community engagement in energy-related matters.
This information is meant to be a general summary of National Association Of Royalty Owners- Texas 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: $323
- Program Service Revenue: $121,641
- Gross Receipts: $224,014
Assets and Liabilities:
- Total Assets: $468,303
- Total Liabilities: $0
- Net Assets: $468,303
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Annual Convention
Revenue
$121,641
Organization Details
Phone
(325) 942-2237Principal Officer
Clinton Butler
Main Address
1103 Algerita Drive, San Angelo, TX, 76901
Website
www.naro-tx.orgNTEE Category
Code: S41 - Community improvement
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