Permian Basin Builders Association
- Assets
- $411.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Midland, TX
- Founding
- 12/1999
- Data as of
- 12/2022
- EIN
- 75-2724039
Organization Overview
Permian Basin Builders Association is located in Midland, TX. The organization was established in 1999. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Permian Basin Builders 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, Permian Basin Builders Association generated $99.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (20.3%) each year. All expenses for the organization totaled $128.7k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (18.4%) per year over the past 4 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
MEMBERSHIP RELATIONS PERFORMED THROUGH AWARDS RECOGNITION,COMMUNICATION OF TOPICS IMPORTANT TO THE INDUSTRY, AND EDUCATIONPROGRAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Anderson President | 5 | $0 | |
Chris Rodriguez Director | 2 | $0 | |
Erasto Martinez Director | 2 | $0 | |
Melissa Ruckman Secretary | 2 | $0 | |
Callie Stevens Tab Director | 2 | $0 | |
Max Belichenko Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $25,159 |
| Investment income | $47,635 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $26,950 |
| Total Revenue | $99,744 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $28,624 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $3,234 |
| Occupancy, rent, utilities, and maintenance | $30,982 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $65,900 |
| Total expenses | $128,740 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $31,303 |
| Other assets | $0 |
| Total assets | $411,426 |
| Total liabilities | $212,702 |
| Net assets or fund balances | $198,724 |