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← HOUSTON CHAPTER OF INTERNATIONAL ASSOCIATION OF DRILLING

Form 990 for tax year 2022

Filed by HOUSTON CHAPTER OF INTERNATIONAL ASSOCIATION OF DRILLING.

Totals

Total revenue
$146,419
Total expenses
$123,811
Contributions and grants received
$5,000
Grants paid
$87,500
Program service revenue
$23,843
Investment income
$17
Other revenue
$117,559
Total assets, end of year
$159,701
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$159,701
Program services expenses (Part IX)
not reported
Management and general expenses
not reported
Fundraising expenses
not reported
Program service expenses (Part III)
not reported

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $5,000

  • 2a · Program service revenue: Meeting & events

    total $15,440 · related or exempt $15,440

  • 2b · Program service revenue: Membership dues

    total $8,403 · related or exempt $8,403

  • 3 · Investment income

    total $17 · excluded $17

  • 8a · Fundraising events: gross income

    $226,045

  • 8b · Fundraising events: direct expenses

    $108,486

  • 8c · Net income from fundraising events

    total $117,559 · excluded $117,559

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $40,000

  • 2 · Grants to domestic individuals

    total $47,500

  • 11c · Fees: accounting

    total $1,872

  • 11g · Fees: other

    total $8,000

  • 13 · Office expenses

    total $14,297

  • 19 · Conferences, conventions and meetings

    total $12,142

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $107,041 · end of year $129,646

  • 2 · Savings and temporary cash investments

    beginning of year $30,052 · end of year $30,055

  • 27 · Net assets without donor restrictions

    beginning of year $137,093 · end of year $159,701

Mission and programs · 2022

Mission

To improve industry health, safety, and environmental practices; advance drilling and completion technology; and champion responsible standards, practices, legislation, and regulations for worldwide safe, efficient, and environmentally sound drilling operations.

Activities or mission (Part I)

To promote and foster the exchange of ideas and information about the industry.

  • The Houston Chapter is the largest local chapter of the IADC network, servicing both onshore, inland barge and offshore drilling operations. The IADC is dedicated to enhancing the interests of the oil-and-gas and geothermal drilling and completion industry worldwide. Membership is open to any company involved in oil and gas exploration, drilling or production, well servicing, oilfield manufacturing, or other rig-site services. IADC's contract-drilling members own most of the world's land and offshore drilling units and drill most of the wells that produce the planet's oil and gas. IADC's membership also includes oil-and-gas producers, manufacturers, and oilfield equipment and services suppliers.

  • IADC-Houston Chapter provides a venue for members to share and exchange technology specific to the drilling contractor industry. Luncheons are held 6-8 times per year. A Christmas Gala benefits public charities chosen through an application process. The Oilfield Charity Sporting Clays Tournament benefits the Oilfield Christian Fellowship charity. IADC-Houston Chapter Golf Tournament benefits students in the form of college scholarships.

As filed on the 2022 return.

Listed in Part VII

  • Matt Eve

    Chairman

    Total calculated
    $0
    Hours/week
    2

  • John Williams

    Vice Chairman

    Total calculated
    $0
    Hours/week
    2

  • Brian Townsend

    Treasurer

    Total calculated
    $0
    Hours/week
    2

  • Monique Boudreaux

    Secretary

    Total calculated
    $0
    Hours/week
    2

  • Justin Allen

    Director

    Total calculated
    $0
    Hours/week
    1

  • Gloria Call

    Director

    Total calculated
    $0
    Hours/week
    1

  • Chris Coldwell

    Director

    Total calculated
    $0
    Hours/week
    1

  • Bronson Ekre

    Director

    Total calculated
    $0
    Hours/week
    1

  • Carla Fontenot

    Director

    Total calculated
    $0
    Hours/week
    1

  • Joseph Hudson

    Director

    Total calculated
    $0
    Hours/week
    1

  • Jeff Kessler

    Director

    Total calculated
    $0
    Hours/week
    1

  • Robert Kneisley

    Director

    Total calculated
    $0
    Hours/week
    1

  • Marc Noel

    Director

    Total calculated
    $0
    Hours/week
    1

  • Leslie Packard

    Director

    Total calculated
    $0
    Hours/week
    1

  • Garret Reinert

    Director

    Total calculated
    $0
    Hours/week
    1

  • Leesa Teel

    Director

    Total calculated
    $0
    Hours/week
    1

  • Shawn Vigeant

    Director

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

Provenance

Return type
form_990
Tax year
2022
Filed
26 July 2023
IRS schema version
2022v5.0
Source object
202332079349301013

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