Overview
What is Montana Petroleum Association?
The Montana Petroleum Association is a nonprofit organization based in Helena, Montana. With just two employees, their primary mission is to advocate for and bolster the petroleum industry in the state. They strive to create a favorable business environment for the exploration, refining, production, transportation, and conservation of oil and natural gas. Additionally, they aim to raise public awareness of the industry's significant contributions to Montana and the nation at large.
Is Montana Petroleum Association legitimate?
Montana Petroleum Association is a legitimate nonprofit organization registered as a 501(c)(6) entity. Montana Petroleum Association 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: $76,763
Professional Fundraising Fees: $0
Other Salaries and Wages: $69,459
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What is the mission statement of Montana Petroleum Association?
The Montana Petroleum Association's mission is centered around fostering a favorable business environment for the petroleum industry within Montana. Additionally, the organization strives to raise public awareness regarding the industry's significant contributions to the state and the nation as a whole. In essence, their activities focus on promoting the exploration, refining, production, transportation, and conservation of oil and natural gas in Montana.
What is the revenue of Montana Petroleum Association?
Montana Petroleum Association's revenue in 2024 was $427,492.
Who are the executives of Montana Petroleum Association and what are their salaries?
The average compensation at Montana Petroleum Association during 2024 was $48,741. There are 3 employees and 27 volunteers at Montana Petroleum Association.
Here are 29 key members and their salaries:
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Where can I find the form 990 for Montana Petroleum Association?
Montana Petroleum Association's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Montana Petroleum Association
Montana Petroleum Association, a notable organization, is committed to preserving a favorable business environment for the petroleum industry within the state. Their mission lies in enhancing public understanding of the industry's significant contributions to Montana and the nation at large. By promoting the exploration, refinement, production, transportation, and conservation of oil and natural gas, this association seeks to uphold the industry's vital role in the state's economy and overall development.
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Impact
October, 2024
The Montana Petroleum Association plays a vital role in shaping the business climate for the petroleum industry in the state. Its efforts are focused on promoting exploration, refining, production, transportation, and conservation of oil and natural gas. By fostering public awareness of the industry's significant contributions to both the state and the nation, the association ensures that the economic and community benefits of the petroleum sector are recognized.
The association's initiatives help create a favorable environment for investment and development within the industry, supporting job creation and economic growth in Montana. Through advocacy and outreach, the organization addresses public concerns and educates communities about the importance of a sustainable and thriving energy sector, facilitating a balanced discussion about energy needs and environmental stewardship.
Overall, the impact of the Montana Petroleum Association is evident in its commitment to community improvement and the sustainable development of natural resources, which are crucial for the state's economy and energy independence.
This information is meant to be a general summary of Montana Petroleum Association. 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 2024.
- Investment Income: $17,660
- Program Service Revenue: $398,664
- Gross Receipts: $427,492
Assets and Liabilities:
- Total Assets: $615,318
- Total Liabilities: $115,136
- Net Assets: $500,182
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LEGAL FUND
Revenue
$5,000
MEETING REVENUE
Revenue
$115,959
Membership Dues & Assessments
Revenue
$272,085
PROJECT SPONSORSHIPS
Revenue
$3,093
REIMBURSEMENTS
Revenue
$2,527
Organization Details
Founding Year
1999
Principal Officer
Vincent Capece
NTEE Category
Code: S46 - Community improvement
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