2024-06-14T14:32:29-05:00 2023-07-31 Forvis Mazars LLP 14241 DALLAS PARKWAY SUITE 1100 DALLAS TX 75254 990 2022-08-01 751992631 Offshore Technology Conference % STEVE BYRNE OFFS 9729529494 222 Palisades Creek Dr Richardson TX 75080 LEIGH ANN RUNYAN EXECUTIVE DIRECTOR 9729529407 2023-12-15 true LEIGH ANN RUNYAN 999009999 Jeanette Verrelli P00742631 9727028262 3 2022 2023-04-26 12:10:37Z LEIGH ANN RUNYAN 222 Palisades Creek Dr Richardson TX 75080 15659741 false X www.otcnet.org X 1969 TX OTC is organized and operated exclusively to promote and further the advance of scientific and technical knowledge of offshore resources and related environmental matters. 14 14 0 135 0 0 132500 87600 23705058 15397137 9733 174918 158 86 23847449 15659741 51986 25000 0 0 0 0 0 0 0 10181886 5414248 10233872 5439248 13613577 10220493 12479859 12485915 12379859 12385915 100000 100000 THE OFFSHORE TECHNOLOGY CONFERENCE (OTC) IS WHERE ENERGY PROFESSIONALS MEET TO EXCHANGE IDEAS AND OPINIONS TO ADVANCE SCIENTIFIC AND TECHNICAL KNOWLEDGE FOR OFFSHORE RESOURCES AND ENVIRONMENTAL MATTERS. false false OTC HOUSTON - THE OFFSHORE TECHNOLOGY CONFERENCE (OTC) IS WHERE ENERGY PROFESSIONALS MEET TO EXCHANGE IDEAS AND OPINIONS TO ADVANCE SCIENTIFIC AND TECHNICAL KNOWLEDGE FOR OFFSHORE RESOURCES AND ENVIRONMENTAL MATTERS. THE OTC EVENT WAS HELD IN HOUSTON, TX MAY 1-4,2023. false true false false false false false false false false false false true true false true false false false false false false false false false false true false false false false false false false false false false false false false false false false true 16 0 true 0 false true BR false false false false false false X 14 14 false true false false false false false true true false false false true true true true true false false false X STEVE BYRNE 9729529407 222 PALISADES CREEK DR RICHARDSON TX 75080 X X Jerry Carroll Director 1.0 0.0 X 0 0 0 Doreen Chin DIRECTOR 1.0 0.0 X 0 0 0 Carlos Mastrangelo Director 1.0 0.0 X 0 0 0 Paul Jones Chair 1.0 0.0 X X 0 0 0 Greg Kusinski DIRECTOR 1.0 0.0 X 0 0 0 Steve Leverette DIRECTOR 1.0 0.0 X 0 0 0 Alex Martinez VICE CHAIR 1.0 0.0 X X 0 0 0 Brian Miller DIRECTOR 1.0 0.0 X 0 0 0 Dan McConnell Director 1.0 0.0 X 0 0 0 Lirio Quintero DIRECTOR 1.0 0.0 X 0 0 0 Sandeep Khurana DIRECTOR 1.0 0.0 X 0 0 0 Bob Warren Director 1.0 0.0 X 0 0 0 Rod Larson Director 1.0 0.0 X 0 0 0 Jamie Allan Director 1.0 0.0 X 0 0 0 Steve Byrne CFO 5.0 0.0 X 0 0 0 Leigh Ann Runyan EXECUTIVE DIRECTOR 10.0 0.0 X 0 0 0 0 0 0 0 false false false Convention News Television 925 S Semoran Blvd Suite 114 WINTER PARK FL 32792 Live Streaming 127064 Freeman Audio Visual Solutions PO Box 734596 DALLAS TX 75373 AUDIO AND VISUAL 2479545 FTI Consulting SC Inc PO Box 418005 BOSTON MA 02241 Consulting services 188400 NRG PARK NRG Park One NRG Park HOUSTON TX 77054 Venue staff & labor 428156 SMG Food and Beverage LLC One NRG Park HOUSTON TX 77054 Catering 931478 9 87600 87600 OTC HOUSTON 900099 15397137 15397137 15397137 174918 174918 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 INSURANCE REFUND 900099 86 86 86 15659741 15397137 0 175004 25000 0 0 0 0 0 0 0 0 0 1577618 2981 33968 0 0 0 10000 654946 406274 0 0 0 133140 0 2563709 0 0 0 31612 5439248 3984354 2602113 637386 70183 0 0 6515006 7682331 0 0 0 0 0 0 0 0 37428 1003969 0 0 0 0 0 0 0 0 0 0 1305685 1127319 12479859 12485915 1820335 384501 0 0 9273705 11547310 0 0 0 0 0 0 0 0 0 0 1285819 454104 12379859 12385915 X 100000 100000 0 0 100000 100000 12479859 12485915 X 10220493 -10220493 X false true X true false RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED DUE FROM RELATED PARTY 1127319 1127319 0 DUE TO RELATED PARTY 18611 DISTRIBUTIONS PAYABLE 435493 454104 15659741 15659741 15659741 5439248 5439248 5439248 SCHEDULE D, PART X, LINE 2 ASC 740 FOOTNOTE: MANAGEMENT HAS EVALUATED THEIR INCOME TAX POSITIONS UNDER THIS GUIDANCE INCLUDED IN ASC 740. BASED ON THEIR REVIEW, MANAGEMENT HAS NOT IDENTIFIED ANY MATERIAL UNCERTAIN TAX POSITIONS TO BE RECORDED OR DISCLOSED IN THE FINANCIAL STATEMENTS. true Houston Food Bank 535 Portwall St Houston TX 77029 742181456 501(C)(3) 25000 food purchase & distribution 1 SCHEDULE I, PART I, LINE 2 PROCEDURE FOR MONITORING THE USE OF GRANT FUNDS IN THE US: DUE TO THE NATURE OF THE GRANTS AND DONATIONS, THE ORGANIZATION DOES NOT MONITOR THE USE OF FUNDS PROVIDED TO THE CHARITABLE ORGANIZATIONS. FORM 990, PART VI, SECTION B, LINE 11B ORGANIZATION'S PROCESS TO REVIEW FORM 990: FORM 990 IS REVIEWED BY THE OTC EXECUTIVE DIRECTOR AND SPE CHIEF FINANCIAL OFFICER (CFO). A COPY OF THE FORM 990 WILL BE PROVIDED TO THE OTC AUDIT COMMITTEE BEFORE FILING WITH THE IRS. FORM 990, PART VI, SECTION C, LINE 19 AVAILABILITY OF DOCUMENTS: THE PUBLIC MAY REQUEST OFFSHORE TECHNOLOGY CONFERENCE (OTC) DOCUMENTS, TAX RETURNS, CONFLICT OF INTEREST POLICY, WHISTLEBLOWER POLICY AND/OR OTC FINANCIAL STATEMENTS BY CONTACTING THE OTC RICHARDSON, TX OFFICE. FORM 990, PART VI, SECTION B, LINE 12C PROCESS TO MONITOR COMPLIANCE WITH CONFLICT OF INTEREST POLICY: OTC REGULARLY AND CONSISTENTLY ENFORCES COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY VIA ITS INTERNAL AUDIT PROCESSES. GRANT THORNTON PERFORMS THE INTERNAL AUDIT ACTIVITY FOR THE SOCIETY OF PETROLEUM ENGINEERS (SPE) WHO IS THE MANAGEMENT OF OTC AND AUDITS THE CONTRACTING AND DISBURSEMENT PROCESSES TO ENSURE THAT NO CONTRACTS ARE ISSUED, OR PAYMENTS MADE TO PERSONS OR ENTITIES THAT WOULD HAVE A CONFLICT OF INTEREST. FORM 990, PART VI, SECTION A, LINE 3 DELEGATION OF MANAGEMENT: IN AUGUST 2016, OTC ENTERED INTO A MANAGEMENT SERVICES AGREEMENT WITH SOCIETY OF PETROLEUM ENGINEERS, INC (SPE), WHEREBY SPE PROVIDES EXECUTIVE MANAGEMENT AND OPERATIONAL SERVICES FOR OTC. PER IRS GUIDANCE, THE COMPENSATION PAID BY THE MANAGEMENT COMPANY IS NOT SHOWN ON FORM 990, PART VII, FOR THE 2022 CALENDAR YEAR FOR THESE INDIVIDUALS: Leigh Ann Runyan $ 17,845 STEVE BYRNE $ 6,951 FORM 990, PART XI, LINE 9 OTHER CHANGES IN NET ASSETS OR FUND BALANCES: Distribution to Sponsoring Organization $ (10,220,493)