Western Energy Alliance
- Assets
- $1.2m
- Revenue
- $1.9m
- Investments
- $0.0
- Employees
- 8
- Location
- Denver, CO
- Founding
- 02/1974
- Data as of
- 12/2023
- EIN
- 84-0700841
Organization Overview
Western Energy Alliance is located in Denver, CO. The organization was established in 1974. 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. As of 12/2023, Western Energy Alliance employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Western Energy Alliance 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 12/2023, Western Energy Alliance generated $1.9m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (4.7%) each year. All expenses for the organization totaled $2.0m during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (5.2%) per year over the past 9 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
WORKING WITH A VIBRANT MEMBERSHIP BASE FOR OVER 50 YEARS, WESTERN ENERGY ALLIANCE STANDS AS A CREDIBLE LEADER, ADVOCATE, AND CHAMPION OF INDEPENDENT OIL AND NATURAL GAS COMPANIES IN THE WEST. OUR EXPERT STAFF, ACTIVE COMMITTEES, AND COMMITTED BOARD MEMBERS FORM A COLLABORATIVE AND WELCOMING COMMUNITY OF PROFESSIONALS DEDICATED TO ABUNDANT, AFFORDABLE ENERGY AND A HIGH QUALITY OF LIFE FOR ALL. MOST INDEPENDENT PRODUCERS ARE SMALL BUSINESSES, WITH AN AVERAGE OF FOURTEEN EMPLOYEES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ADVOCACY: WESTERN ENERGY ALLIANCE ADVOCATES ON BEHALF OF ITS MEMBERS REGARDING FEDERAL LEGISLATIVE, REGULATORY, ENVIRONMENTAL, PUBLIC LANDS AND OTHER POLICY ISSUES THAT ENSURE A FAVORABLE BUSINESS CLIMATE FOR THE EXPLORATION AND PRODUCTION SECTOR OF THE OIL AND GAS INDUSTRY IN THE WEST.
LEGAL PROGRAMS: WESTERN ENERGY ALLIANCE HAS A LEGAL DEFENSE FUND TO FUND LITIGATION EFFORTS.
MEMBERSHIP SERVICES: MEMBERSHIP REVENUE FUNDS THE ALLIANCE'S ADVOCACY WORK TO ENABLE A FAVORABLE BUSINESS CLIMATE FOR OUR MEMBERS TO DEVELOP AND PRODUCE OIL AND NATURAL GAS IN THE WEST. WESTERN ENERGY ALLIANCE ALSO HOLDS NETWORKING EVENTS FOR MEMBER ENGAGEMENT AND COMMUNITY BUILDING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kathleen Sgamma President | OfficerTrustee | 40 | $329,280 |
Aaron Johnson VP Public Af | 40 | $165,675 | |
Dave Keyte Chair | OfficerTrustee | 0.5 | $0 |
Chris Valdez 1st Vice Cha | OfficerTrustee | 0.5 | $0 |
Dave Ballard 2nd Vice Cha | OfficerTrustee | 0.5 | $0 |
Bob Boswell Imm Past Cha | OfficerTrustee | 0.5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Beatty & Wozniak Legal | 12/30/23 | $154,644 |
American Capitol Group Advocacy | 12/30/23 | $132,000 |
Baker & Hostetler Llp Legal | 12/30/23 | $117,333 |
1660 Lincoln Street Property Llc Rent | 12/30/23 | $101,334 |
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 | $268,250 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $268,250 |
| Total Program Service Revenue | $1,527,201 |
| Investment income | $1,072 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $72,089 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,868,612 |
| 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. | $363,886 |
| Compensation of current officers, directors, key employees. | $69,138 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $475,935 |
| Pension plan accruals and contributions | $28,581 |
| Other employee benefits | $52,138 |
| Payroll taxes | $57,111 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $132,000 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $82,873 |
| Advertising and promotion | $0 |
| Office expenses | $29,738 |
| Information technology | $62,903 |
| Royalties | $0 |
| Occupancy | $107,624 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $37,194 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,777 |
| Insurance | $14,049 |
| All other expenses | $1,377 |
| Total functional expenses | $1,960,753 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $491,822 |
| Savings and temporary cash investments | $482,425 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,500 |
| 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 | $54,943 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $183,634 |
| Total assets | $1,214,324 |
| Accounts payable and accrued expenses | $42,769 |
| Grants payable | $0 |
| Deferred revenue | $416,521 |
| 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 | $186,704 |
| Total liabilities | $645,994 |
| Net assets without donor restrictions | $453,006 |
| Net assets with donor restrictions | $115,324 |
| 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 | $1,214,324 |