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Colorado Petroleum Association

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

EIN: 841502256 ✦ Denver, CO ✦ Designated as a 501(c)(6)

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Overview

What is Colorado Petroleum Association?

The Colorado Petroleum Association is a nonprofit organization based in Denver, Colorado. With a single employee, its primary focus is to advocate for and support the exploration, production, refining, and marketing of oil and natural gas. The association promotes the growth and success of this industry within the state, working tirelessly to ensure its continued development. While the organization's specific activities and initiatives are not detailed in the information provided, it is clear that the Colorado Petroleum Association plays a significant role in fostering the oil and gas sector in Colorado.


Official website here: www.coloradopetroleumassociation.org

Is Colorado Petroleum Association legitimate?

Colorado Petroleum Association is a legitimate nonprofit organization registered as a 501(c)(6) entity. Colorado 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: $115,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.coloradopetroleumassociation.org

What is the mission statement of Colorado Petroleum Association?

The Colorado Petroleum Association's mission is centered around the promotion of various aspects related to oil and natural gas. Specifically, they aim to foster the exploration, production, refining, and marketing of these resources. Their activities are geared towards supporting and advancing these sectors, contributing to the overall energy industry.


Official website here: www.coloradopetroleumassociation.org

Who is the CEO of Colorado Petroleum Association?

Angie Binder is the Executive Di of Colorado Petroleum Association.


Official website here: www.coloradopetroleumassociation.org

What is the revenue of Colorado Petroleum Association?

Colorado Petroleum Association's revenue in 2022 was $112,467.


Official website here: www.coloradopetroleumassociation.org

Who are the executives of Colorado Petroleum Association and what are their salaries?

The average compensation at Colorado Petroleum Association during 2022 was $115,000. There is 1 employee at Colorado Petroleum Association.


Here are 6 key members and their salaries:


Angie Binder (Executive Di)
  • Compensation: $115,000
  • Related: $0
  • Other: $0
Lisha Burnett (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Cagnolatti (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Josh Jemente (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jep Seman (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Adam Suess (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.coloradopetroleumassociation.org

Where can I find the form 990 for Colorado Petroleum Association?

Colorado Petroleum Association's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.coloradopetroleumassociation.org

Learn more at the official website: www.coloradopetroleumassociation.org

Mission Statement of Colorado Petroleum Association

The Colorado Petroleum Association, as an organization, is dedicated to fostering the growth and development of various aspects related to oil and natural gas. Its primary mission involves promoting the exploration, production, refining, and marketing of these resources. By doing so, the association aims to contribute significantly to the energy sector, potentially driving economic growth and providing energy solutions for various industries and households.

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Impact




October, 2024

The Colorado Petroleum Association significantly influences the state's economy and energy landscape by promoting the exploration, production, refining, and marketing of oil and natural gas. Based in Denver, the association fosters collaboration among industry stakeholders, ensuring that best practices are shared and adopted within the community.

By advocating for policies that support the oil and gas sector, the association plays a crucial role in creating job opportunities and boosting local economies. Its efforts contribute to community improvement by ensuring energy accessibility and driving economic growth. The Colorado Petroleum Association's commitment to the industry aids in advancing technological innovations, resource management, and sustainability practices, further enhancing the overall impact of the energy sector in Colorado.




This information is meant to be a general summary of Colorado 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.

Revenue
$112,467 (2022)
Expenses
$144,415 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1,427
  • Program Service Revenue: $111,000
  • Gross Receipts: $112,467

Assets and Liabilities:

  • Total Assets: $89,011
  • Total Liabilities: $841
  • Net Assets: $88,170

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

MEMBERSHIP DUES

Revenue

$111,000

Organization Details

Founding Year

1951

Principal Officer

Angie Binder

Main Address

PO BOX 100275, DENVER, CO, 80250

NTEE Category

Code: S41 - Community improvement

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