Oilfield Helping Hands Inc
- Assets
- $1.7m
- Revenue
- $1.0m
- Investments
- $0.0
- Employees
- 2
- Location
- Houston, TX
- Founding
- 11/2010
- Data as of
- 12/2023
- EIN
- 36-4680363
Organization Overview
Oilfield Helping Hands Inc, operating under the name Oilfield Helping Hands, is located in Houston, TX. The organization was established in 2010. According to its NTEE Classification (P60) the organization is classified as: Emergency Assistance, under the broad grouping of Human Services and related organizations. As of 12/2023, Oilfield Helping Hands employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Oilfield Helping Hands is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Oilfield Helping Hands generated $1.0m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 2.8% each year. All expenses for the organization totaled $606.4k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
OILFIELD HELPING HANDS, INC (OHH)IS A NON-PROFIT CHARITABLE CORPORATION COMPRISED OF VOLUNTEERS DEVOTED TO OILFIELD WORKERS IN FINANCIAL CRISIS WHO LIVE AND/OR WORK IN HOUSTON TEXAS AREA, WEST TEXAS AREA, EAST TEXAS AND NORTHWESTERN LOUISIANA AREA, THE ROCKY MOUNTAIN AREA, AND THE APPALACHIA AREA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN 2023, OILFIELD HELPING HANDS (OHH) PROVIDED FINANCIAL ASSISTANCE TO 34 FAMILIES. THESE FUNDS ALLOWED FAMILIES IN FINANCIAL CRISIS SITUATIONS, THROUGH NO FAULT OF THEIR OWN, TO ACHIEVE SOME FINANCIAL RELIEF. SOME OF THESE FAMILIES USED THE FINANCIAL ASSISTANCE TO PAY FOR EXPENSES SUCH AS FUNERAL EXPENSES, MEDICAL BILLS, MORTGAGE PAYMENTS, AND OTHER EMERGENCY EXPENSES. IN THE LAST 10 YEARS, OILFIELD HELPING HANDS (OHH) HAS FINANCIALLY ASSISTED OVER 835 FAMILIES WITH $5.20 MILLION DOLLARS IN FINANCIAL RELIEF.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mona Ansley Secretary/treasurer | OfficerTrustee | 10 | $14,040 |
Rich Orr Board Member | Trustee | 10 | $0 |
George Hanst Board Member | Trustee | 10 | $0 |
Gene Pate Chairman Of The Board | OfficerTrustee | 10 | $0 |
Marc Leblanc Vice President/board | OfficerTrustee | 10 | $0 |
Rex Korslien Board Member | Trustee | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $134,100 |
| Fundraising events | $456,654 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $5,653 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $596,407 |
| Total Program Service Revenue | $0 |
| Investment income | $2,286 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,478 |
| Net Income from Fundraising Events | $401,195 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,001,366 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $275,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $14,040 |
| Compensation of current officers, directors, key employees. | $2,808 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $66,584 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $6,168 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $44,600 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $76,046 |
| Office expenses | $9,755 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $840 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $4,245 |
| All other expenses | $11,696 |
| Total functional expenses | $606,373 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,645,522 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $3,604 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $7,563 |
| Total assets | $1,656,689 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $11,012 |
| Total liabilities | $11,012 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $1,645,677 |
| Total liabilities and net assets/fund balances | $1,656,689 |