Energy Bar Association is located in Washington, DC. The organization was established in 1949. According to its NTEE Classification (I03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Crime & Legal-Related and related organizations. As of 12/2022, Energy Bar Association employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Energy Bar 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, Energy Bar Association generated $1.2m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.7%) each year. All expenses for the organization totaled $1.3m during the year ending 12/2022. 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
TO PROMOTE THE PROFESSIONAL EXCELLENCE AND ETHICAL INTEGRITY OF ITS MEMBERS IN THE PRACTICE, ADMINISTRATION, AND DEVELOPMENT OF ENERGY LAWS, REGULATIONS, AND POLICIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ENERGY BAR ASSOCIATION PROMOTES THE PROFESSIONAL COMPETENCE OF THOSE INVOLVED IN ENERGY LAW BY CONDUCTING MEETINGS, SEMINARS, CONFERENCES, AND WORKSHOPS; PROVIDING NETWORKING AND EDUCATIONAL OPPORTUNITIES; DISTRIBUTING RELEVANT INFORMATION ABOUT THE ENERGY INDUSTRY TO MEMBERS; AND PRESENTING VIEWS ON REGULATORY PROCEDURES AND ADMINISTRATIVE MATTERS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Delia D Patterson President | OfficerTrustee | 3 | $0 |
David Martin Connelly President-Elect | OfficerTrustee | 3 | $0 |
Conor B Ward Vice President | OfficerTrustee | 3 | $0 |
Floyd R Self Secretary | OfficerTrustee | 3 | $0 |
Traci Bone Assistant Secretary | OfficerTrustee | 3 | $0 |
Nicholas J Pascale Treasurer | OfficerTrustee | 3 | $0 |
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 | $1,226 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,226 |
Total Program Service Revenue | $989,670 |
Investment income | $69,817 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $16,658 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $5,439 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $35,422 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,169,057 |
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. | $232,568 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $301,026 |
Pension plan accruals and contributions | $5,406 |
Other employee benefits | $20,593 |
Payroll taxes | $45,893 |
Fees for services: Management | $56,394 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $56,435 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $9,975 |
Fees for services: Other | $1,774 |
Advertising and promotion | $0 |
Office expenses | $65,681 |
Information technology | $36,490 |
Royalties | $0 |
Occupancy | $98,074 |
Travel | $6,792 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $296,631 |
Interest | $1,465 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $6,923 |
Insurance | $2,162 |
All other expenses | $12,106 |
Total functional expenses | $1,268,495 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $40,123 |
Savings and temporary cash investments | $2,521 |
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 | $0 |
Prepaid expenses and deferred charges | $25,269 |
Net Land, buildings, and equipment | $10,301 |
Investments—publicly traded securities | $565,484 |
Investments—other securities | $680,439 |
Investments—program-related | $0 |
Intangible assets | $8,517 |
Other assets | $434,016 |
Total assets | $1,766,670 |
Accounts payable and accrued expenses | $54,766 |
Grants payable | $0 |
Deferred revenue | $174,386 |
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 | $51,465 |
Other liabilities | $459,728 |
Total liabilities | $740,345 |
Net assets without donor restrictions | $1,026,325 |
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 | $1,766,670 |