Petroleum Club Of Anchorage Inc

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

EIN: 926002189 ✦ Anchorage, AK ✦ Designated as a 501(c)(7)

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Overview

What is Petroleum Club Of Anchorage Inc?

Petroleum Club of Anchorage Inc is a nonprofit organization situated in Anchorage, Alaska, with a specific focus on the petroleum industry. Based at 3301 C Street Suite 120, this organization primarily serves as a platform for individuals associated with the oil and mining sectors in Alaska. They foster a sense of community and fellowship among their members through various activities, including hosting events and issuing newsletters. These initiatives aim to enhance members' understanding of the petroleum industry in Alaska. The organization's mission is to aid in the association and fellowship of men and women connected to this industry, with a total of 24 employees working towards its objectives.


Official website here: www.petroclub.net

Is Petroleum Club Of Anchorage Inc legitimate?

Petroleum Club Of Anchorage Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. Petroleum Club Of Anchorage 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:

Executive Compensation: $110,739
Professional Fundraising Fees: $0
Other Salaries and Wages: $295,922

For more financial information, click here


Official website here: www.petroclub.net

What is the mission statement of Petroleum Club Of Anchorage Inc?

The Petroleum Club of Anchorage Inc's mission is centered around fostering a sense of community and fellowship among individuals associated with the petroleum industry. Their primary objective is to aid in this association, providing a platform for networking and camaraderie. The club accomplishes this through various activities, such as organizing events and distributing newsletters among its members. These initiatives aim to enhance members' understanding of the oil and mining industries in Alaska.


Official website here: www.petroclub.net

Who is the CEO of Petroleum Club Of Anchorage Inc?

Sheri Underwood is the Past President of Petroleum Club Of Anchorage Inc.


Official website here: www.petroclub.net

What is the revenue of Petroleum Club Of Anchorage Inc?

Petroleum Club Of Anchorage Inc's revenue in 2022 was $1,420,569.


Official website here: www.petroclub.net

Who are the executives of Petroleum Club Of Anchorage Inc and what are their salaries?

The average compensation at Petroleum Club Of Anchorage Inc during 2022 was $16,944. There are 24 employees at Petroleum Club Of Anchorage Inc.


Here are 11 key members and their salaries:


Eric Wieman (Past President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Craig Sundet (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eileen Simmons (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Hendrix (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathleen Redmond (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lori Nelson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Liam Zsolt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fred Miller (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tanguy Libbrecht (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chuck Heath (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sheri Underwood (General Manger)
  • Compensation: $100,810
  • Related: $0
  • Other: $10,226


Official website here: www.petroclub.net

Where can I find the form 990 for Petroleum Club Of Anchorage Inc?

Petroleum Club Of Anchorage Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.petroclub.net

Learn more at the official website: www.petroclub.net

Mission Statement of Petroleum Club Of Anchorage Inc

The Petroleum Club of Anchorage Inc is dedicated to fostering a sense of community and camaraderie among individuals associated with the petroleum industry. Their mission, in essence, is to facilitate the association and fellowship of these individuals. This is achieved through various means, primarily by organizing events and issuing newsletters to members. These activities aim to promote a deeper understanding of the oil and mining industries in Alaska, thereby serving as a platform for knowledge sharing and networking within the petroleum sector.

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Impact




October, 2024

The Petroleum Club Of Anchorage Inc actively fosters a sense of community among professionals in the petroleum industry. By sponsoring events and distributing newsletters, it promotes better understanding and cooperation among its members, which strengthens the network of individuals involved in Alaska's oil and mining sectors. This engagement helps to advance knowledge sharing, industry discussions, and professional relationships, ultimately contributing to the development of a more informed and cohesive community within the state’s vital resource sector. Its efforts in facilitating networking and collaboration not only benefit its members but also support the overall growth and sustainability of the petroleum industry in Alaska.




This information is meant to be a general summary of Petroleum Club Of Anchorage 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.

Revenue
$1,420,569 (2022)
Expenses
$1,248,623 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $1,715,596

Assets and Liabilities:

  • Total Assets: $407,080
  • Total Liabilities: $308,923
  • Net Assets: $98,157

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Organization Details

Founding Year

1958

Principal Officer

Sheri Underwood

Main Address

3301 C STREET SUITE 120, ANCHORAGE, AK, 99503

NTEE Category

Code: S40 - Community improvement

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