Tulsa Association Of Petroleum Landmen
- Assets
- $192.9k
- Revenue
- $95.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Tulsa, OK
- Founding
- 09/1987
- Data as of
- 06/2022
- EIN
- 73-1306183
Organization Overview
Tulsa Association Of Petroleum Landmen is located in Tulsa, OK. The organization was established in 1987. According to its NTEE Classification (S03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Tulsa Association Of Petroleum Landmen 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, Tulsa Association Of Petroleum Landmen generated $95.6k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.4%) each year. All expenses for the organization totaled $58.0k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (6.9%) per year over the past 7 years. 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
TAPL'S MISSION IS TO FACILITATE OPPORTUNITIES FOR ITS MEMBERS TO (A) ADVANCE THEIR KNOWLEDGE OF THE LAND PROFESSION, (B) FOSTER THEIR INDUSTRY RELATIONSHIPS, (C) CONTRIBUTE TO THE COMMUNITY, AND (D) PRACTICE A HIGH STANDARD OF PROFESSIONAL AND ETHICAL CONDUCT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN NOVEMBER, MARCH AND APRIL TAPL HOSTS DINNERS AT THE SUMMIT CLUB OPEN TO ALL MEMBERS. MEMBERS RECEIVE A PLATED DINNER. EACH DINNER EVENT BRINGS IN A SPEAKER THAT IS RELEVANT TO OUR INDUSTRY. EACH SPEAKER ENDS WITH AN OPEN Q & A FOR MEMBERS TO INTERACT AND CREATE DISCUSSION.
EACH YEAR IN THE SPRING TAPL HOSTS A SPRING SEMINAR THAT IS OPEN TO ALL MEMBERS FOR A FEE. THE SEMINAR LASTS ALL DAY AND LUNCH IS PROVIDED. THE DAY CONSISTS OF MULTIPLE SPEAKERS ON VARIOUS OIL AND GAS LAND TOPICS INCLUDING LEGAL, ETHICAL, INFORMATIONAL AND CURRENT EVENT TOPICS. MEMBERS RECEIVE CREDITS FOR THEIR RPL (REGISTERED PROFESSIONAL LANDMEN) AND CPL (CERTIFIED PROFESSIONAL LANDMAN) CERTIFICATIONS TO KEEP THEIR STATUS CURRENT.
TAPL PROVIDES EDUCATIONAL LUNCHES EACH MONTH. THE LUNCHES FOR 2022 FISCAL YEAR END WERE CONVERTED TO VIRTUAL LUNCHEONS AND MEMBERS WERE CHARGED $0 PER PERSON TO ATTEND. THE SPEAKER PRESENTS ON VARIOUS TOPICS IN THE INDUSTRY. MEMBERS RECEIVE CREDITS FOR THEIR RPL (REGISTERED PROFESSIONAL LANDMEN) AND CPL (CERTIFIED PROFESSIONAL LANDMAN) CERTIFICATIONS TO KEEP THEIR STATUS CURRENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Adam Robinson Cpl President | OfficerTrustee | 0 | $0 |
Mariena Martin Rpl Vice President | OfficerTrustee | 0 | $0 |
Rhonda Stacy Past President | Trustee | 0 | $0 |
Debbie Bodenhamer Cpl Treasurer | OfficerTrustee | 0 | $0 |
Chris Hill Cpl Secretary | OfficerTrustee | 0 | $0 |
Dylan Allen Cpl Events Coordinator | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $39,896 |
| Fundraising events | $30,632 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $4,581 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $75,109 |
| Total Program Service Revenue | $13,472 |
| Investment income | $295 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $6,679 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $95,555 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,400 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $2,750 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $47,674 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,988 |
| All other expenses | $0 |
| Total functional expenses | $57,974 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $75,399 |
| Savings and temporary cash investments | $117,487 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $192,886 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| 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 | $192,886 |
| Total liabilities and net assets/fund balances | $192,886 |
Grants Awarded
Over the last fiscal year, Tulsa Association Of Petroleum Landmen has awarded $17,900 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
THE UNIVERSITY OF TULSA PURPOSE: SCHOLARSHIPS | $9,950 |
THE UNIVERSITY OF OKLAHOMA FOUNDATION INC PURPOSE: ENERGY MANAGEMENT SCHOLARSHIP | $7,950 |