NonprofitsPetroleum Equipment Institute

Petroleum Equipment Institute

TULSA, OK

Total revenue

$5.4M

Total expenses

$4.8M

Net assets

$8.4M

Grants received

EIN

730593344

Tax year

2024

Mission

To be the leading authority and source of information for the petroleum handling equipment industry.

Programs

2 programs

The Institute publishes a directory of members and a magazine to facilitate communication and promote commerce. The Institute publishes "recommended practice" manuals to promote safety and good business practices.

All other training, support and organizing activities performed by the Institute on behalf of their members.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$4.6M
Investment income$827K
Other revenue$31K
Total revenue$5.4M

Expenses

Grants paid
Salaries & benefits$1.8M
Fundraising
Other expenses$3.0M
Total expenses$4.8M
Total assets$10.3M
Net assets$8.4M

People

26 listed

NameRoleCompensation

Jason Blake

President

Board

$297K

40 hrs/wk

Mike Davis

Director

Board

1 hrs/wk

Brian Derge

Director

Board

1 hrs/wk

Bill Everett

Director

Board

1 hrs/wk

Mike Lattner

Director

Board

1 hrs/wk

John Loucks

Director

Board

1 hrs/wk

James Ether

Chair

Board

1 hrs/wk

Patrick McDermott

Director

Board

1 hrs/wk

Nate Meyer

Director

Board

1 hrs/wk

Josh Skov

Director

Board

1 hrs/wk

Kaileigh Strizzi

Director

Board

1 hrs/wk

Bob Mathews

Director

Board

1 hrs/wk

Sara Beck

Vice Chair

Board

1 hrs/wk

Joey Batchelor

VP of Finance

Board

1 hrs/wk

John Keller

Immediate Past Chair

Board

1 hrs/wk

Joey Arn

Director

Board

1 hrs/wk

Dave Babcock

Director

Board

1 hrs/wk

Tonia Ballard

Director

Board

1 hrs/wk

Buddy Bayliss

Director

Board

1 hrs/wk

Melinda Whitney

SVP of Operations

Staff

$222K

40 hrs/wk

Scott Boorse

VP of Technical Programs & Industry Af

Staff

$197K

40 hrs/wk

Tom Leibrandt

Sr Dir of Media & Member Relations

Staff

$166K

40 hrs/wk

Julie Shank

Dir of Member Events and Special Projects

Staff

$118K

40 hrs/wk

Liliana Cruz

Sr Dir of Latin America

Staff

$118K

40 hrs/wk

Tim Davidson

Sr Mgr of Membership Expansion

Staff

$113K

40 hrs/wk

Austin Quinten

AVP - Member Relations

Staff

$102K

40 hrs/wk

Details

EIN730593344
Subsection06
Ruling date1953-02
Formed1951
Employees16
Volunteers18
PETROLEUM EQUIPMENT INSTITUTE — Mission, Financials & Grants Received | Grantivo