NonprofitsVictoria Chapter American Petroleum Institute Division Of Production

Victoria Chapter American Petroleum Institute Division Of Production

VICTORIA, TX

Total revenue

$39K

Total expenses

$55K

Net assets

$14K

Grants received

EIN

746085122

Tax year

2024

Mission

The organization was formed for two purposes; the first, to provide a social club whereby individuals in the petroleum industry can meet with other individuals with related petroleum interests. The expenses from these meetings are defrayed by membership dues and meeting charges; such funds may be used solely for the support of chapter activities. Membership is open to all in the petroleum industry regardless of race, creed or color. The second purpose of this chapter is to provide monies to qualified individuals in the form of college scholarships in order to promote the oil and gas industry. These monies are raised through sponsorship contributions at an annual golf tournament, team roping event, and skeet shoot. The scholarship committee of the victoria chapter of the american petroleum institue selects the scholarship recipients.

Programs

1 program

The exempt purpose was achieved through the awarding of scholarships to various college students. The name and address of each recipient is attached.

Expenses: $53KGrants: $17K

Financials

FY 2024

Revenue

Contributions & grants$7K
Program service revenue$5K
Investment income
Other revenue$27K
Total revenue$39K

Expenses

Grants paid$17K
Salaries & benefits$13K
Fundraising
Other expenses$25K
Total expenses$55K
Total assets$14K
Net assets$14K

People

2 listed

NameRoleCompensation

RYAN RIGAMONTI

CHAIRMAN

Board

SEE ATTACHED SCHEDULE FOR OTHERS

OFFICERS & D

Board

Details

EIN746085122
Subsection06
Ruling date1980-08
Formed1970
Employees1
VICTORIA CHAPTER AMERICAN PETROLEUM INSTITUTE DIVISION OF PRODUCTION — Mission, Financials & Grants Received | Grantivo