Energy Marketers Of America
- Assets
- $3.9m
- Revenue
- $2.2m
- Investments
- $0.0
- Employees
- 6
- Location
- Washington, DC
- Founding
- 02/1981
- Data as of
- 12/2023
- EIN
- 52-1191640
Organization Overview
Energy Marketers Of America is located in Washington, DC. The organization was established in 1981. 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. As of 12/2023, Energy Marketers Of America employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Energy Marketers Of America 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 12/2023, Energy Marketers Of America generated $2.2m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 0.6% each year. All expenses for the organization totaled $2.0m 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
EMA'S EXEMPT PURPOSE IS TO ESTABLISH, MAINTAIN AND SUPPORT SYSTEMS OF EDUCATION AND INSTRUCTION FOR ITS MEMBERS, AS WELL AS, TO ENCOURAGE A FAVORABLE COMPETITIVE CLIMATE IN ENERGY DISTRIBUTION, AND TO ENCOURAGE AN ADEQUATE SUPPLY OF ENERGY PRODUCTS TO BEST SERVCE THE ULTIMATE CUSTOMER.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEMBER ACTIVITIES AS FOLLOWS:- CONFERENCES - EDUCATIONAL PROGRAMS HELD FOR MEMBERS.- RESEARCH, STUDY AND RELATED COSTS FOR MANUALS AND OTHER ITEMS ON SAFETY REGULATIONS AND REQUIREMENTS OF ENERGY RELATED INDUSTRY MATTERS.- EMA ALSO PROVIDES SERVICES TO MEMBERS INCLUDING SUPPLIER AND INDUSTRY RELATIONS.
MDF ADMINISTRATION - SUPPORT LEGISLATIVE AND REGULATORY GOALS AND FUND ADMINISTRATIVE EXPENSES OF PAC.
PETROLEUM MARKETERS OIL COMPANY, LLC IS A SINGLE MEMBER LLC OWNED BY EMA THAT PROVIDES THE SPIRIT BRAND NAME.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jonathan Tang Board Member/director | Trustee | 0.5 | $0 |
Christina Bentz Board Member | Trustee | 0.5 | $0 |
David Harger Board Member | Trustee | 0.5 | $0 |
Jim Wallace Board Member | Trustee | 0.5 | $0 |
David Foster Board Member | Trustee | 0.5 | $0 |
Max Alvarez Board Member | Trustee | 0.5 | $0 |
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 | $50,648 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $50,648 |
| Total Program Service Revenue | $1,642,770 |
| Investment income | $73,289 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $352,741 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$10,314 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,191,007 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $622,635 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $189,747 |
| Pension plan accruals and contributions | $13,213 |
| Other employee benefits | $55,083 |
| Payroll taxes | $47,335 |
| Fees for services: Management | $33,704 |
| Fees for services: Legal | $72,904 |
| Fees for services: Accounting | $21,578 |
| Fees for services: Lobbying | $264,792 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $15,652 |
| Fees for services: Other | $111,826 |
| Advertising and promotion | $10,651 |
| Office expenses | $69,232 |
| Information technology | $13,940 |
| Royalties | $0 |
| Occupancy | $65,243 |
| Travel | $113,695 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $240,300 |
| Interest | $83 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $6,057 |
| Insurance | $6,895 |
| All other expenses | $0 |
| Total functional expenses | $2,040,896 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $605,865 |
| Savings and temporary cash investments | $257,181 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $107,996 |
| 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 | $58,808 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $2,739,561 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $146,404 |
| Total assets | $3,915,815 |
| Accounts payable and accrued expenses | $108,408 |
| Grants payable | $0 |
| Deferred revenue | $174,846 |
| 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 | $138,817 |
| Total liabilities | $422,071 |
| Net assets without donor restrictions | $3,292,782 |
| Net assets with donor restrictions | $200,962 |
| 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 | $3,915,815 |