American Assoc Of Drilling Engineers Of Lafayette
- Assets
- $329.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lafayette, LA
- Founding
- 01/1988
- Data as of
- 05/2022
- EIN
- 58-1741258
Organization Overview
American Assoc Of Drilling Engineers Of Lafayette is located in Lafayette, LA. The organization was established in 1988. According to its NTEE Classification (U42) the organization is classified as: Engineering, under the broad grouping of Science & Technology and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Assoc Of Drilling Engineers Of Lafayette 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 05/2022, American Assoc Of Drilling Engineers Of Lafayette generated $22.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (6.5%) each year. All expenses for the organization totaled $22.7k during the year ending 05/2022. As we would expect to see with falling revenues, expenses have declined by (10.3%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
TO PROVIDE THE FORUM FOR THE DISSEMINATION OF PRACTICAL DRILLING TECHNOLOGY TO THOSE EMPLOYED OR INTERESTED IN THE DRILLING INDUSTRY AND TO PROVIDE SCHOLARSHIPS FOR FURTHERANCE OF THE INDUSTRY IN EDUCATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sharon Moore Treasurer | 0 | $0 | |
Rick Farmer Vice President | 0 | $0 | |
Jude Boudreaux President | 0 | $0 | |
Scott Bourdreaux Vice President | 0 | $0 | |
Shawn Guildry Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $5,877 |
| Investment income | $1,997 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $13,837 |
| Other Revenue | $700 |
| Total Revenue | $22,411 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $986 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $431 |
| Other expenses | $12,261 |
| Total expenses | $22,728 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $329,936 |
| Other assets | $0 |
| Total assets | $329,936 |
| Total liabilities | $0 |
| Net assets or fund balances | $329,936 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American Council Of Engineering Companies Of Texas Austin, TX | $2,860,536 | $3,182,709 |
International Union Of Operating Engineers Fort Worth, TX | $4,792,541 | $1,583,815 |
Southwest Louisiana Construction Users Council Lake Charles, LA | $10,312,285 | $1,410,861 |
American Council Of Engineering Companies Of Louisiana Inc Baton Rouge, LA | $183,722 | $625,161 |
Texas Alliance For Minorities In Engineering Austin, TX | $640,041 | $522,087 |
American Society Of Civil Engineers Austin, TX | $720,756 | $621,057 |
Louisiana Engineering Society Baton Rouge, LA | $329,765 | $574,776 |
American Federation Of Labor And Congress Of Industrial Orgs Deer Park, TX | $460,273 | $847,152 |
American Society Of Civil Engineers Jacksonville, AR | $438,361 | $494,167 |
Austin Association Of Facility & Maintenance Engineers Austin, TX | $238,642 | $383,753 |
American Council Of Engineering Companies-Mississippi Jackson, MS | $114,198 | $295,422 |
Construction Financial Management Association Houston, TX | $112,919 | $0 |