Permian Basin Geophysical Society

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

EIN: 756081452 ✦ Midland, TX ✦ Designated as a 501(c)(6)

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Overview

What is Permian Basin Geophysical Society?

The Permian Basin Geophysical Society is a nonprofit organization, headquartered in Midland, Texas. With a primary focus on geophysics and geology, it aims to foster interest, engagement, and learning in these fields. The society accomplishes this by collaborating with researchers, scholars, and enthusiasts. One of their key initiatives is an annual golf tournament, which serves as a fundraising event for scholarships. By doing so, they contribute to the educational advancement of individuals pursuing careers in geophysics and geology.

Is Permian Basin Geophysical Society legitimate?

Permian Basin Geophysical Society is a legitimate nonprofit organization registered as a 501(c)(6) entity. Permian Basin Geophysical Society 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

What is the mission statement of Permian Basin Geophysical Society?

The Permian Basin Geophysical Society, established with the purpose of promoting interest and participation in the field of geophysics and geology, strives to achieve this goal through collaborative efforts. Their mission is primarily focused on education, aiming to foster a deeper understanding of these sciences. To support this mission, the society organizes various activities, one of which is an annual golf tournament, with the proceeds allocated towards scholarships. This event serves as a means to encourage and financially assist individuals pursuing studies in these scientific domains.

Who is the CEO of Permian Basin Geophysical Society?

Jason Wagner is the President of Permian Basin Geophysical Society.

What is the revenue of Permian Basin Geophysical Society?

Permian Basin Geophysical Society's revenue in 2023 was $60,089.

Who are the executives of Permian Basin Geophysical Society and what are their salaries?

There 15 volunteers at Permian Basin Geophysical Society.


Here are 5 key members and their salaries:


Ron Bianco (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Eden (President Elect)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frelynn Cohrs (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Wagner (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sumit Verma (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Permian Basin Geophysical Society?

Permian Basin Geophysical Society's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Permian Basin Geophysical Society

The Permian Basin Geophysical Society, established with the purpose of promoting interest and participation in the fields of geophysics and geology, is dedicated to fostering education in these subjects through cooperative means. This organization's mission is centered around encouraging engagement and learning in these scientific disciplines.

To achieve its goals, the Permian Basin Geophysical Society organizes various initiatives. One of its primary activities is hosting an annual golf tournament. This event serves as a fundraising platform, with the proceeds being channeled towards granting scholarships to individuals pursuing studies in geophysics and geology. By providing financial aid, the society aims to support the next generation of professionals in these fields, thereby ensuring a continuous flow of knowledge and innovation.

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Impact




October, 2024

The Permian Basin Geophysical Society significantly impacts the fields of geophysics and geology by fostering interest and participation among professionals and students. Through various educational initiatives, it enhances the understanding and appreciation of these sciences, ultimately contributing to advancements in research and practice.

One notable way the society supports its mission is by organizing an annual golf tournament, which raises funds for scholarships. These scholarships provide valuable financial assistance to students pursuing careers in geophysics and geology, helping to cultivate the next generation of professionals in these critical fields. By promoting education and collaboration, the society plays an essential role in developing a knowledgeable workforce that can address the challenges and opportunities within the earth sciences. Additionally, its activities enhance networking opportunities among industry professionals, facilitating the sharing of knowledge and best practices that benefit the broader scientific community.




This information is meant to be a general summary of Permian Basin Geophysical Society. 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
$60,089 (2023)
Expenses
$29,893 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $9
  • Gross Receipts: $60,089

Assets and Liabilities:

  • Total Assets: $625,672
  • Total Liabilities: $0
  • Net Assets: $625,672

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Organization Details

Founding Year

1969

Principal Officer

Jason Wagner

Main Address

P O BOX 361, MIDLAND, TX, 79702

NTEE Category

Code: U03 - Science research

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