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← AMERICAN ASSOCIATION OF DRILLING ENGINEERS OF HOUSTON

Form 990 for tax year 2024

Filed by AMERICAN ASSOCIATION OF DRILLING ENGINEERS OF HOUSTON.

Totals

Total revenue
$639,106
Total expenses
$387,933
Contributions and grants received
$0
Grants paid
$73,200
Program service revenue
$235,482
Investment income
$85
Other revenue
$403,539
Total assets, end of year
$952,186
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$952,186
Program services expenses (Part IX)
$381,660
Management and general expenses
$6,273
Fundraising expenses
$0
Program service expenses (Part III)
$381,660

Program services were 98.4% 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.

  • 2a · Program service revenue: OPERATORS FORUM

    total $54,375 · related or exempt $54,375

  • 2b · Program service revenue: MEMBERSHIP DUES

    total $53,088 · related or exempt $53,088

  • 2c · Program service revenue: A&M EVENTS

    total $49,700 · related or exempt $49,700

  • 2d · Program service revenue: MEMBERSHIP MEETINGS

    total $38,084 · related or exempt $38,084

  • 2e · Program service revenue: IETG TECH CONFERENCE

    total $21,195 · related or exempt $21,195

  • 2f · All other program service revenue

    total $19,040 · related or exempt $19,040

  • 3 · Investment income

    total $85 · related or exempt $85

  • 8a · Fundraising events: gross income

    $792,167

  • 8b · Fundraising events: direct expenses

    $388,628

  • 8c · Net income from fundraising events

    total $403,539

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $73,200 · program services $73,200

  • 11c · Fees: accounting

    total $4,925 · management and general $4,925

  • 11g · Fees: other

    total $55,000 · program services $55,000

  • 13 · Office expenses

    total $1,348 · management and general $1,348

  • 19 · Conferences, conventions and meetings

    total $121,825 · program services $121,825

  • 24a · Other expenses: CONTRACT LABOR

    total $94,500 · program services $94,500

  • 24b · Other expenses: CLOVER & CONNECT FEES

    total $12,307 · program services $12,307

  • 24c · Other expenses: STUDENT CHAPTERS

    total $9,666 · program services $9,666

  • 24d · Other expenses: FISERV FEES

    total $4,220 · program services $4,220

  • 24e · All other expenses

    total $10,942 · program services $10,942

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $701,013 · end of year $952,186

  • 27 · Net assets without donor restrictions

    beginning of year $701,013 · end of year $952,186

Mission and programs · 2024

Mission

PROVIDES TECHNICAL TRAINING TO OVER 1500 MEMBERS AND ENCOURAGES STUDENT INVOLVEMENT IN THE DRILLING INDUSTRY. PUBLISHES A MONTHLY NEWSLETTER AND PROVIDES A TECHNICAL CONFERENCE TO MEMBERS AND STUDENTS.

  • PROVIDES OVER 1500 MEMBERS WITH TECHNICAL INFORMATION, A MONTHLY NEWSLETTER, AND A TECHNICAL CONFERENCE.

    Expenses $308,460 · Revenue $235,482

  • PROVIDES OVER 1500 MEMBERS WITH MONTHLY MEETINGS WITH TECHNICAL SPEAKERS; PUBLISHES MONTHLY NEWSLETTER; PROVIDED MEMBERSHIP WITH A TECHNICAL CONFERENCE.

    Expenses $73,200 · Grants $73,200

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Jackie Fletcher

    1ST VP

    Total calculated
    $0
    Hours/week
    1

  • Bill Keyser

    PRESIDENT

    Total calculated
    $0
    Hours/week
    2

  • Jason May

    2ND VICE PRE

    Total calculated
    $0
    Hours/week
    1

  • Rusty Ritz

    TREASURER

    Total calculated
    $0
    Hours/week
    2

  • Kristi Schultz

    SECRETARY

    Total calculated
    $0
    Hours/week
    2

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
2024
Filed
10 November 2025
IRS schema version
2024v5.0
Source object
202523179349304447

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