San Antonio Api Chapter Inc is located in San Antonio, TX. The organization was established in 2005. According to its NTEE Classification (S46) the organization is classified as: Boards of Trade, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. San Antonio Api Chapter Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 09/2024, San Antonio Api Chapter Inc generated $53.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (4.8%) each year. All expenses for the organization totaled $35.0k during the year ending 09/2024. As we would expect to see with falling revenues, expenses have declined by (15.0%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
TO FOSTER THE EDUCATIONAL AND SOCIAL ADVANCEMENT OF OUR MEMBERS.
Describe the Organization's Program Activity:
Part 3
CONDUCTED SEVEN MEETINGS OF AN EDUCATIONAL NATURE THAT STRESSED PRACTICAL FIELD APPLICATIONS OF INDUSTRY TECHNOLOGY, PRACTICES, TRENDS, AND ISSUES.
CONDUCTED THREE SPECIAL EVENTS TO RAISE FUNDS FOR SCHOLARSHIPS AND ENCOURAGE A SPIRIT OF COOPERATION AMONG THOSE WHO HAVE AN INTEREST IN THE EXPLORATION AND PRODUCTION OF OIL AND GAS.
AWARDED $111,249 IN SCHOLARSHIPS TO FOSTER EDUCATIONAL ADVANCEMENT.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Pepper Advisory Committee Member | 1 | $0 | |
Arnold Garcia Advisory Committee Member | 1 | $0 | |
Chip Olds Advisory Committee Member | 1 | $0 | |
Jacob Davis Api/spe Golf Tournament Advisor | 1 | $0 | |
Pete Bommer Educational Cmte Chairman | 1 | $0 | |
Jim R Gieptner Chairman/sporting Clays Chair | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $60 |
| Investment income | $3,190 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $50,552 |
| Other Revenue | $0 |
| Total Revenue | $53,802 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $2,925 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $3,535 |
| Total expenses | $34,960 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $271,880 |
| Other assets | $0 |
| Total assets | $271,880 |
| Total liabilities | $0 |
| Net assets or fund balances | $271,880 |
Over the last fiscal year, San Antonio Api Chapter Inc has awarded $0 in support to 3 organizations.
| Grant Recipient | Amount |
|---|