NonprofitsSociety Of Petroleum Engineers Spe Inc

Science & Technology

Society Of Petroleum Engineers Spe Inc

RICHARDSON, TX

Total revenue

$37.7M

Total expenses

$40.9M

Net assets

$34.4M

Grants received

$7.0M

22 grants

EIN

752001539

Tax year

2023

Mission

The society of petroleum engineers (spe) is a not-for-profit professional association whose members are engaged in energy resources development and production. Spe serves approximately 127,000 members in 145 countries worldwide. Spe is a key resource for technical knowledge related to the oil and gas exploration and production industry and provides services through its publications, events, training courses and online resources at www.spe.org.

Programs

3 programs

Publications - magazines, onepetro, and technical journals - provides journals and website access for the society's publications, websites, online content repositories and tools in order to maintain and stimulate effective knowledge capture, dissemination and archiving of spe's content for its members, and the public. Avenues of delivering the technical content include spe research portals (onepetro and petrowiki), serial publications such as the journal of petroleum technology, peer-reviewed journals, spe books and spe's definitions and guidelines.

Expenses: $4.4M

Member programs, including u.s. Sections and student chapters - spe member programs include benefits and activities for spe members. Spe delivers to its members various programs through sections and student chapters. Spe provides the funding for the distinguished lecturer program that allows sections to invite up to 2 distinguished lecturers to their meetings each year. The distinguished lecturer is a spe volunteer who is a technical expert in his/her given area of oil and gas. Spe covers all travel costs related to the travel for the distinguished lecturer to the section. Spe produces programs for its students and young professional members. Activities such as student paper contests, petro bowl, virtual career pathway and leadership alliance programs are just a few of the programs offered to young professional as well as student members.

Expenses: $3.1MGrants: $614K

Associated staff costs, management fee income, it infrastructure costs and misc. Revenue in support of the major programs of spe.

Expenses: $5.7M

Financials

FY 2023

Revenue

Contributions & grants$2.4M
Program service revenue$33.4M
Investment income$1.6M
Other revenue$236K
Total revenue$37.7M

Expenses

Grants paid$614K
Salaries & benefits$18.4M
Fundraising$78K
Other expenses$21.9M
Total expenses$40.9M
Total assets$51.3M
Net assets$34.4M

People

41 listed

NameRoleCompensation

MARK A RUBIN

CEO AND EXECUTIVE VP (7/23)

Board

$330K

38 hrs/wk

MICHELLE BOYD

CHIEF OPERATING OFFICER

Board

$276K

20 hrs/wk

STEVEN BYRNE

CHIEF FINANCIAL OFFICER

Board

$247K

38 hrs/wk

SIMON D SEATON

CEO AND EXECUTIVE VP

Board

$178K

38 hrs/wk

OGEE EFFIOM

RD - AFRICA

Board

1 hrs/wk

HENRICUS HERWIN

RD - ASIA PACIFIC

Board

1 hrs/wk

ROBERT MARTINEZ

RD - NORTH AMERICA

Board

1 hrs/wk

MOHAMED AL-MARZOUQI

RD - MIDDLE EAST & NORTH AFRICA

Board

1 hrs/wk

ROBIN MACMILLAN

TD - DRILLING

Board

1 hrs/wk

SUE STALEY

TD - HSE & SUSTAINABILITY

Board

1 hrs/wk

HAMAD AL-MARRI

TD - PRODUCTION & FACILITIES

Board

1 hrs/wk

PIERRE D'HUART

RD - EUROPE

Board

1 hrs/wk

HAZLI KASSIM

RD - ASIA PACIFIC

Board

1 hrs/wk

CARLOS PEDROSO

RD - LATIN AMERICA & CARIBBEAN

Board

1 hrs/wk

ALEXEY BORISENKO

RD - RUSSIA & CASPIAN

Board

1 hrs/wk

KAMEL BEN-NACEUR

2022 SPE PRESIDENT (THRU 10/18)

Board

1 hrs/wk

SUSHMA BHAN

TD - DATA SCIENCE & ENG. ANALYTICS

Board

1 hrs/wk

KIM ORACHESKI

RD - NORTH AMERICA

Board

1 hrs/wk

MED KAMAL

2023 SPE PRESIDENT

Board

1 hrs/wk

TERRY PALISCH

2024 SPE PRESIDENT

Board

1 hrs/wk

OLIVIER HOUZE

2025 SPE PRESIDENT

Board

1 hrs/wk

NEIL KAVANAUGH

RD - ASIA PACIFIC (THRU 10/18)

Board

1 hrs/wk

SILVIU LIVESCU

TD - DATA SCIENCE & ENG. (THRU 10/18)

Board

1 hrs/wk

LAURA PRECUPANU

RD - EUROPE (THRU 10/18)

Board

1 hrs/wk

GAIL RAMDATH

RD-LATIN AMER. & CARIB. (THRU 10/18)

Board

1 hrs/wk

DEB RYAN

RD - NORTH AMERICA (THRU 10/18)

Board

1 hrs/wk

IGNATIY VOLNOV

RD - RUSSIA & CASPIAN (THRU 10/18)

Board

1 hrs/wk

RODOLFO CAMACHO VELAZQUEZ

TD - DATA SCIENCE & ENGINEERING

Board

1 hrs/wk

KAREN OLSON

TD - COMPLETIONS

Board

1 hrs/wk

HISHAM ZUBARI

RD - MIDDLE EAST & NORTH AFRICA

Board

1 hrs/wk

SIMEON EBURI LOSOHA

RD - NORTH AMERICA

Board

1 hrs/wk

LEIGH ANN RUNYAN

DIRECTOR - AMERICAS EVENTS

Staff

$234K

35 hrs/wk

JUDY JOHNSTON

GENERAL COUNSEL

Staff

$226K

39 hrs/wk

DANA OTILLIO

DIRECTOR - MULTIMEDIA

Staff

$218K

40 hrs/wk

HENRY PATRICK TINNE

DIRECTOR - IT

Staff

$210K

40 hrs/wk

JANE BOYCE

DIRECTOR - MEMBER SERVICES

Staff

$204K

35 hrs/wk

JOHN BODEN

VP INFO. & MEMBER SVCS (THRU 9/23)

Staff

$194K

39 hrs/wk

KIRK COLLIGAN

SALES

Staff

$186K

40 hrs/wk

PAMELA BOSCHEE

SALES

Staff

$169K

40 hrs/wk

DANNY FOSTER

ASSOCIATE DIRECTOR, AMERICAS SALES

Staff

$167K

38 hrs/wk

KIMBERLY RICHARDSON

DIRECTOR - IT

Staff

$162K

40 hrs/wk

Independent contractors

MARRIOTT BUSINESS SERVICES

CONFERENCE CENTER AND CATERING

$1.5M

FREEMAN AUDIO VISUAL SOLUTIONS

EXHIBITION AND AV AUDIO EQUIPMENT

$1.2M

SILVERCHAIR

ONEPETRO CLOUD PLATFORM

$391K

THE RK CULINARY GROUP

CATERING AND FOOD MANAGEMENT

$376K

MARKETO INC

MARKETING AUTOMATION

$281K

Grants received

Showing 22 of 22

FromAmountPurposeYear
$1.1M
Offshore Technology Conference Surplus Share Grant, Endowment Fund Grants (Mudd, Douglas Library, Hayden, smith scholarships, Doherty, and AIME Petroleum Research Funds)
2024
$443K
Offshore Technology Conference Surplus Share Grant, Endowment Fund Grants (Mudd, Douglas Library, Hayden, Doherty, and AIME Petroleum Research Funds)
2023
$325K
MEMBER PROGRAM SUPPORT
2023
$5K
For grant recipient's exempt purposes
2023
$1.1M
Offshore Technology Conference Surplus Share Grant, Endowment Fund Grants (Mudd, Douglas Library, Hayden, Doherty, and AIME Petroleum Research Funds)
2022
$831K
MEMBER PROGRAM SUPPORT
2022
$5K
GRANT 2023- L. AUSTIN WEEKS FUND
2022
$658K
MEMBER PROGRAM SUPPORT
2021
$352K
$250K Member Society Direct; $102,387 Offshore Technology Conference Surplus Distribution
2021
$867K
MEMBER PROGRAM SUPPORT
2020
$103K
50K Member Society Direct; 37,500 AIME 150th Celebration at Annual Conference; 15K AIME 150th Video for all groups to use
2020
$1.1M
MEMBER PROGRAM SUPPORT
2019

Funded by

$7.0M from 9 funders · 22 grants · 2019–2024

Spe Foundation

$3.8M · 5 grants · 2019–2023

American Institute Of Mining Metallurgical

$2.6M · 3 grants · 2022–2024

American Institute Of Mining Metallurgical

$455K · 2 grants · 2020–2021

Oklahoma City Community Foundation Inc

$84K · 5 grants · 2019–2023

American Association Of Petroleum

$5K · 1 grant · 2022

Details

EIN752001539
NTEE codeU030
Subsection03
Ruling date1985-03
Formed1984
Employees142
Volunteers4600
SOCIETY OF PETROLEUM ENGINEERS SPE INC — Mission, Financials & Grants Received | Grantivo