Petroleum Marketers Of Iowa

Organization Overview

Petroleum Marketers Of Iowa, operating under the name Fueliowa, is located in Urbandale, IA. The organization was established in 1945. According to its NTEE Classification (S99) the organization is classified as: Community Improvement & Capacity Building N.E.C., under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 06/2022, Fueliowa employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fueliowa 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 06/2022, Fueliowa generated $1.6m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.2%) each year. All expenses for the organization totaled $1.5m during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (1.3%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO REPRESENT IOWA'S FUEL INDUSTRY BY ADVOCATING FOR INNOVATIVE AND QUALITY FUEL OPTIONS, CONSUMER AND ENVIRONMENTAL PROTECTION, AND FAIRNESS IN THE MARKETPLACE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

EDUCATE AND ADVOCATE ON BEHALF OF MEMBERS - COMMUNICATE CRITICAL INFORMATION TO MEMBERS FREQUENTLY, AND PROVIDE BEST IN CLASS EXPERIENCES AND SOLUTIONS ON REGULATORY AND LEGISLATIVE HAPPENINGS. EDUCATING POLICYMAKERS AND THE PUBLIC ON POLICY ISSUES RELEVANT TO MEMBERS.


PUBLICATION OF TRADE MAGAZINES DISTRIBUTED TO MEMBERS. COPIES ARE ALSO DISTRIBUTED AT NO CHARGE TO NON MEMBERS, SUCH AS TRADE ORGANIZATIONS IN OTHER STATES.


CONVENTION, TRADE SHOW AND MEETINGS - MEMBERS ATTEND THE MEETINGS TO ELECT OFFICERS, REPORT ON PRIOR YEARS ACTIVITIES AND DISCUSS CURRENT PLANS.


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Board, Officers & Key Employees

Name (title)Compensation
Ronald N Langston
President &
$170,284
Gary Koerner
Exec. Vice P
$150,378
John Maynes
Reg. Affairs
$128,072
Bev Jessen
Chair
$0
Joseph Zietlow
Vice Chair
$0
Nicole Johnson
Treasurer
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $127,667
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$127,667
Total Program Service Revenue$844,798
Investment income $236,208
Tax Exempt Bond Proceeds $0
Royalties $229,201
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,629,473

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Petroleum Marketers Of Iowa has recieved totaling $5,000.

Awarding OrganizationAmount
Iowa Corn Growers Association

Johnston, IA

PURPOSE: GENERAL SUPPORT

$5,000
View Grant Recipient Profile

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