Form 990 for tax year 2023
Filed by OIL AND NATURAL GAS INDUSTRY LABOR MANAGEMENT COMMITTEE.
Totals
- Total revenue
- $404,000
- Total expenses
- $366,323
- Contributions and grants received
- $404,000
- Grants paid
- $51,000
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
- Total assets, end of year
- $107,116
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $107,116
- Program services expenses (Part IX)
- $330,000
- Management and general expenses
- $35,903
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $330,000
Program services were 90.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
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
$404,000
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $51,000 · program services $51,000
-
11b · Fees: legal
total $9,850 · management and general $9,850
-
11c · Fees: accounting
total $9,600 · management and general $9,600
-
11g · Fees: other
total $292,973 · program services $279,000 · management and general $13,973
-
22 · Depreciation, depletion and amortization
total $420
-
24a · Other expenses: WEBSITE EXPENSE
total $2,450 · management and general $2,450
-
24b · Other expenses: BANK SERVICE FEES
total $30 · management and general $30
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $68,739 · end of year $106,836
-
14 · Intangible assets
beginning of year $700 · end of year $280
-
29 · Capital stock, trust principal or current funds
beginning of year $0 · end of year $0
-
30 · Paid-in or capital surplus, or land, building or equipment fund
beginning of year $0 · end of year $0
-
31 · Retained earnings, endowment or other funds
beginning of year $69,439 · end of year $107,116
Mission and programs · 2023
Mission
THE OIL AND NATURAL GAS INDUSTRY LABOR-MANAGEMENT COMMITTEE PROMOTES INNOVATION, EXPLORATION, JOB RETENTION AND GROWTH. THIS HISTORIC PARTNERSHIP BETWEEN THE INDUSTRY AND LABOR UNIONS THAT REPRESENT MANY OF ITS MEMBER COMPANY EMPLOYEES WILL DISCUSS AND EXPLORE PLANS TO PROTECT AND ESTABLISH QUALITY JOBS BY PROMOTIONG INNOVATIVE AND AFFORDABLE ACCESS TO DOMESTIC ENERGY THAT IS VITAL TO THE AMERICAN ECONOMY. CENTRAL TO ALL THE EFFORTS OF THE COMMITTEE IS THE CREATION OF JOBS ACROSS A BROAD SPECTRUM OF THE OIL AND NATURAL GAS INDUSTRY, INCLUDING CONSTRUCTION AND PERMANENT JOBS IN THE UPSTREAM AND DOWNSTREAM SECTORS, SUCH AS EXPLORATION AND PRODUCTION, TRANSPORTATION, PIPELINES AND REFINERIES.
Activities or mission (Part I)
THE CREATION OF GOOD JOBS ACROSS THE OIL AND GAS INDUSTRY.
-
PROVIDING GRANTS TO ALIGNED ORGANIZATIONS THAT PROMOTE ONGILMC GOALS:
Expenses $55,000 · Grants $51,000
-
COMMUNICATIONS TO PUBLIC AND LABOR AND INDUSTRY ORGANIZATIONS ABOUT RESEARCH AND POLICY DEVELOPMENTS RELATED TO ONGILMC GOALS.
Expenses $275,000
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Sean McGarveySEAN MCGARVEY
CHAIRMAN
- Total calculated
- $0
- Hours/week
- 1
-
Mike SommersMIKE SOMMERS
SECRETARY-TREASURER
- 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
-
CONTRIBUTION
-
$0
CONTRIBUTION
-
CONTRIBUTION
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 28 August 2024
- IRS schema version
- 2023v5.1
- Source object
- 202412419349300916
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