Crude Oil Quality Association
- Assets
- $128.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Rosharon, TX
- Founding
- 06/2010
- Data as of
- 12/2021
- EIN
- 26-4375901
Organization Overview
Crude Oil Quality Association is located in Rosharon, TX. The organization was established in 2010. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, 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. Crude Oil Quality Association 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 12/2021, Crude Oil Quality Association generated $79.1k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (3.0%) each year. All expenses for the organization totaled $82.8k during the year ending 12/2021. 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
2021
Describe the Organization's Program Activity:
Part 3
CONFERENCES AND MEETINGS FOR MEMBERS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dennis Sutton Exec Directo | 3 | $11,500 | |
Ronald Claybon Executive Di | 3 | $7,500 | |
Johnetta Simpson Treasurer | 1 | $0 | |
Aaron L Dillard Director | 0.25 | $0 | |
Dennis Haynes Director | 0.25 | $0 | |
Bill Lywood Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $62,500 |
| Investment income | $8 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $16,600 |
| Total Revenue | $79,108 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $69,000 |
| Professional fees and other payments to independent contractors | $830 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $142 |
| Other expenses | $12,791 |
| Total expenses | $82,763 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $128,734 |
| Other assets | $0 |
| Total assets | $128,734 |
| Total liabilities | $26,865 |
| Net assets or fund balances | $101,869 |
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