Wpc Organizing Committee
- Assets
- $4.8m
- Revenue
- $17.9m
- Investments
- $0.0
- Employees
- 15
- Location
- Houston, TX
- Founding
- 12/2019
- Data as of
- 12/2021
- EIN
- 83-2086205
Organization Overview
Wpc Organizing Committee is located in Houston, TX. The organization was established in 2019. According to its NTEE Classification (Y99) the organization is classified as: Mutual & Membership Benefit N.E.C., under the broad grouping of Mutual & Membership Benefit and related organizations. As of 12/2021, Wpc Organizing Committee employed 15 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wpc Organizing Committee 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 12/2021, Wpc Organizing Committee generated $17.9m in total revenue. All expenses for the organization totaled $10.2m during the year ending 12/2021. While expenses have increased by 6.4% per year over the past 3 years. They've been increasing with an increasing level of total revenue. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO DESIGN AND DELIVER COMPELLING ENGAGEMENT, EXCEPTIONAL HOSPITALITY AND EASE OF ACCESS TO EVERY WORLD PETROLEUMCONGRESS DELEGATE WHILE PROUDLY TELLING THE HOUSTON STORY TO THE WORLD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROGRAM EXPENSES IN 2021 FOR THE 23RD WORLD PETROLEUM CONGRESS, A TECHNICAL CONFERENCE, TAKING PLACE IN DECEMBER 2021.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sallie Sargent Chief Operating Officer | Officer | 40 | $462,747 |
Anthony Calanca Executive Vp-Congress Oper | Officer | 40 | $157,103 |
Allison Sacco Director-Progect Managem | 40 | $151,856 | |
Nicholas Sharrard VP - Administrative Services | 40 | $148,800 | |
Ashley Matthews Vp-Sales Administration | 40 | $135,960 | |
Eric Maguran Director-Finance | 40 | $120,147 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Worldwide Energy Events Experts International Sales And Public Relations | 12/30/21 | $711,799 |
Winstead Pc Outside Legal Counsel | 12/30/21 | $131,649 |
Mci Group Event Management Consulting Services | 12/30/21 | $800,000 |
Ideas Consulting & Reimbursable Expenses | 12/30/21 | $272,359 |
Mark Munhall Consulting & Reimbursable Expenses | 12/30/21 | $129,138 |
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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $17,405,164 |
| Investment income | $1,412 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $17,858,109 |
| 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. | $619,850 |
| Compensation of current officers, directors, key employees. | $462,747 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,328,752 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $901,663 |
| Fees for services: Legal | $122,357 |
| Fees for services: Accounting | $947 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $5,256,320 |
| Advertising and promotion | $178,260 |
| Office expenses | $73,858 |
| Information technology | $0 |
| Royalties | $200,000 |
| Occupancy | $0 |
| Travel | $190,468 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,088,782 |
| Interest | $2,529 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $9,255 |
| Insurance | $210,478 |
| All other expenses | $0 |
| Total functional expenses | $10,183,519 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,190,250 |
| Savings and temporary cash investments | $204,133 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $336,795 |
| 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 | $9,804 |
| Net Land, buildings, and equipment | $30,946 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $4,771,928 |
| Accounts payable and accrued expenses | $1,616,277 |
| 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 | $319,295 |
| Other liabilities | $3,907,852 |
| Total liabilities | $5,843,424 |
| Net assets without donor restrictions | -$1,071,496 |
| 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 | $4,771,928 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Panola-Harrison Electric Marshall, TX | $66,317,622 | $42,875,581 |
Wpc Organizing Committee Houston, TX | $4,771,928 | $17,858,109 |
Southwest Airlines Pilots Mutual Aid Plan Dallas, TX | $4,208,509 | $7,999,546 |
Health Alliance For Austin Musicians Austin, TX | $4,718,608 | $3,433,029 |
R Lacy Inc Employees Benefit Longview, TX | $283,785 | $3,619,017 |
Texas Water Utilities Association Hutto, TX | $1,944,371 | $2,944,744 |
Texas Academy 4 Fort Worth, TX | $282,518 | $1,561,832 |
East Central Vernon Water Systems Inc Slagle, LA | $5,670,763 | $991,334 |
Texas Citrus Mutual Mission, TX | $1,399,360 | $410,368 |
Nail-Swain Water Assoc Deer, AR | $5,049,713 | $240,156 |
Ericksdahl Water Supply Corporation Stamford, TX | $794,402 | $253,649 |
United Association Of Journeymen & Apprentices Of The Plumbing & Pipe Lubbock, TX | $2,038 | $245,950 |