Natural Gas Supply Association
- Assets
- $5.9m
- Revenue
- $4.0m
- Investments
- $0.0
- Employees
- 8
- Location
- Washington, DC
- Founding
- 06/1985
- Data as of
- 12/2022
- EIN
- 52-0823671
Organization Overview
Natural Gas Supply Association is located in Washington, DC. The organization was established in 1985. According to its NTEE Classification (C03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Environment and related organizations. As of 12/2022, Natural Gas Supply Association employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Natural Gas Supply 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 12/2022, Natural Gas Supply Association generated $4.0m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.4% each year. All expenses for the organization totaled $4.3m during the year ending 12/2022. While expenses have increased by 3.9% per year over the past 8 years. They've been increasing with an increasing level of total revenue. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
SEE PART III, LINE 1.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CENTER FOR LIQUEFIED NATURAL GAS: ADVOCATES FOR PUBLIC POLICIES THAT ADVANCE THE USE OF LIQUIFIED NATURAL GAS IN THE UNITED STATES, AND ITS EXPORT INTERNATIONALLY.
COMMUNICATIONS: FASHIONS AND PACKAGES PRIMARY MESSAGES TO THE FERC, THE U.S. CONGRESS, THE MEDIA, AND OTHER INDUSTRY SECTORS.
REGULATORY AFFAIRS: HANDLES THE FORMATION OF NGSA'S REGULATORY POSITIONS AND THE COMMUNICATION OF THOSE POSITIONS TO THE FEDERAL ENERGY REGULATORY COMMISSION (FERC).
ENVIRONMENTAL/ENERGY MARKETS: MONITORS EVENTS IN THE MARKETPLACE THAT WILL IMPACT NGSA'S MEMBERS AND POLICY POSITIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Attwood Chairman | OfficerTrustee | 1 | $0 |
Shaji Nair Vice Chairman | OfficerTrustee | 1 | $0 |
Asbjorn Skretting Secretary/treasurer | OfficerTrustee | 1 | $0 |
Orlando Alvarez Director | Trustee | 1 | $0 |
Drew Fossum Director | Trustee | 1 | $0 |
John Kuehn Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Van Ness Feldman Pc Policy Consulting | 12/30/22 | $212,925 |
The Alpine Group Legislative Consulting | 12/30/22 | $210,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $173,838 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $173,838 |
| Total Program Service Revenue | $3,857,380 |
| Investment income | $51,480 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$105,718 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,977,699 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,500 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $2,143,823 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $214,874 |
| Pension plan accruals and contributions | $1,250 |
| Other employee benefits | $52,243 |
| Payroll taxes | $115,967 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $274,900 |
| Fees for services: Accounting | $123,165 |
| Fees for services: Lobbying | $210,000 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $6,062 |
| Fees for services: Other | $148,313 |
| Advertising and promotion | $183,657 |
| Office expenses | $150,614 |
| Information technology | $22,502 |
| Royalties | $0 |
| Occupancy | $348,855 |
| Travel | $152,995 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $50,242 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $35,577 |
| Insurance | $19,211 |
| All other expenses | $66 |
| Total functional expenses | $4,326,366 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $903,596 |
| Savings and temporary cash investments | $372,631 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $14,577 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $50,556 |
| Net Land, buildings, and equipment | $127,542 |
| Investments—publicly traded securities | $1,886,741 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,532,164 |
| Total assets | $5,887,807 |
| Accounts payable and accrued expenses | $547,505 |
| Grants payable | $0 |
| Deferred revenue | $484,290 |
| 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 | $3,048,274 |
| Total liabilities | $4,080,069 |
| Net assets without donor restrictions | $1,807,738 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $5,887,807 |