2025-10-23T13:24:10-05:00 2024-12-31 994625061 CRI ADVISORS LLC TWO RIVERWAY 15TH FLOOR HOUSTON TX 77056 990 2024-01-01 750110385 INTERNATIONAL ASSOCIATION OF DRILLING CONTRACTORS INTE 7132921945 3657 BRIARPARK DRIVE 200 HOUSTON TX 77042 JASON MCFARLAND PRESIDENT 7132921945 2025-10-23 1 1 KRISTEN SIMPSON P01268482 7136218090 2025-10-20 2024 2025-03-06 01:10:19Z JASON MCFARLAND 3657 BRIARPARK DRIVE 200 HOUSTON TX 77042 22736332 0 X WWW.IADC.ORG X 1964 TX IADC'S MISSION IS TO IMPROVE INDUSTRY HEALTH, SAFETY & ENVIRONMENTAL PRACTICES; ADVANCE DRILLING & COMPLETION TECHNOLOGY; AND CHAMPION RESPONSIBLE STANDARDS, PRACTICES, LEGISLATION & REGULATIONS THAT PROVIDE FOR SAFE, EFFICIENT & ENVIRONMENTALLY SOUND DRILLING OPERATIONS WORLDWIDE. THROUGH CONFERENCES, TRAINING SEMINARS, PRINT & ELECTRONIC PUBLICATIONS, AND A COMPREHENSIVE NETWORK OF TECHNICAL PUBLICATIONS, IADC CONTINUALLY FOSTERS EDUCATION AND COMMUNICATION WITHIN THE UPSTREAM PETROLEUM INDUSTRY. 278 278 41 825 353911 0 1947073 2099777 12934393 11911111 644836 1450926 -2459702 -2215265 13066600 13246549 0 0 0 0 6711917 7244714 0 0 0 5472186 5878537 12184103 13123251 882497 123298 27594099 28649067 7462537 7123398 20131562 21525669 X IADC'S MISSION IS TO IMPROVE INDUSTRY HEALTH, SAFETY & ENVIRONMENTAL PRACTICES; ADVANCE DRILLING & COMPLETION TECHNOLOGY; AND CHAMPION RESPONSIBLE STANDARDS, PRACTICES, LEGISLATION & REGULATIONS THAT PROVIDE FOR SAFE, EFFICIENT & ENVIRONMENTALLY SOUND DRILLING OPERATIONS WORLDWIDE. THROUGH CONFERENCES, TRAINING SEMINARS, PRINT & ELECTRONIC PUBLICATIONS, AND A COMPREHENSIVE NETWORK OF TECHNICAL PUBLICATIONS, IADC CONTINUALLY FOSTERS EDUCATION AND COMMUNICATION WITHIN THE UPSTREAM PETROLEUM INDUSTRY. 0 0 ACCREDITATION PROGRAM PROVIDES TRAINING FOR EXCELLENCE IN OPERATIONS AND PROVIDES A BENCHMARK PROGRAM FOR ESTABLISHING AND MAINTAINING A QUALITY IN EXCELLENCE FOR THE DRILLING AND COMPLETION OPERATIONS IN THE CONTRACT DRILLING INDUSTRY. CONFERENCES PROGRAM PROVIDES A VENUE FOR THE INDUSTRY MEMBERS TO SHARE LEADING EDGE TECHNOLOGY TO ENHANCE THE SAFETY, EFFICIENCY AND ENVIRONMENTAL PRACTICES FOR THE INDUSTRY. 0 0 0 1 0 0 0 0 0 1 0 0 0 1 1 0 1 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 46 0 1 41 1 1 1 0 0 0 0 0 0 0 X 278 278 0 0 0 0 1 1 1 1 1 0 1 1 1 1 1 1 1 1 1 1 0 X THE ORGANIZATION 7132921945 3657 BRIARPARK DRIVE SUITE 200 HOUSTON TX 77042 TIM MCGARITY DIRECTOR 2.00 X 0 0 0 SIGGI MIESSNER DIRECTOR 2.00 X 0 0 0 SIMON DREW DIRECTOR 2.00 X 0 0 0 JENNIFER YEUNG SECRETARY-TREASURER 2.00 X 0 0 0 RODDIE MACKENZIE DIRECTOR 2.00 X 0 0 0 ROBERT EIFLER DIRECTOR 2.00 X 0 0 0 IHAB TOMA DIRECTOR 2.00 X 0 0 0 MIKE GARVIN DIRECTOR 2.00 X 0 0 0 JAMES NOWOTNY DIRECTOR 2.00 X 0 0 0 PATRICK SCHORN DIRECTOR 2.00 X 0 0 0 JON RICHARDS DIRECTOR 2.00 X 0 0 0 KEVIN A NEVEU VICE CHAIRMAN 2.00 X 0 0 0 JASON E MCFARLAND PRESIDENT 40.00 X X 573375 0 29234 JAMES ROCCO SR. DIRECTOR, GOVT IND AFF 40.00 X 239697 0 20427 CHRIS MENEFEE DIRECTOR 2.00 X 0 0 0 ROBERT GEDDES DIRECTOR 2.00 X 0 0 0 BRAD JAMES CHAIRMAN 2.00 X 0 0 0 GENE STAHL DIRECTOR 2.00 X 0 0 0 ANTON DIBOWITZ DIRECTOR 2.00 X 0 0 0 ANDY HENDRICKS CHAIRMAN 2.00 X 0 0 0 ALEXANDER ESSLEMONT DIRECTOR 2.00 X 0 0 0 MICHAEL DUBOSE VP - INTERNATIONAL DEVELOP 40.00 X 378515 0 27883 LINDA HSIEH VP EDITOR/PUBLISHER 40.00 X 187064 0 14557 LEESA TEEL VP - CONFERENCES/MEMBERSHI 40.00 X 319677 0 24876 BROOKE POLK VP ACCREDITATION OPERATION 40.00 X 197118 0 16407 BOB WARREN VP- GOVT INDUSTRY AFFAIRS 40.00 X 313600 0 25922 THAD DUNHAM DIR. GOVERNMENT AND IND AF 40.00 X 166256 0 14920 JOE LILLIS SR. DIRECTOR GOVT IND. AFF 40.00 X 237038 0 18130 DEAN GANT SENIOR DIRECTOR OF FINANCE 40.00 X 173491 0 11223 ANGELA GUNDEN SENIOR DIRECTOR CORP SERVI 40.00 X 189450 0 14708 2975281 0 218287 11 0 1 0 IN-ACT MARKETING PO BOX 1430 6501 BK NIJMEGEN NL CONSULTANT 446518 HISHAM ZEBIAN SHEIKH RASHID TOWER LEVEL 7 DUBAI AE CONSULTANT 211994 LARS JORGENSEN SKOVBRYNET 3 3450 ALLEROD LILLEROD DA CONSULTANT 177302 ROBERTO PASCHOALIN RUA SAO BENTO 8 SEGUNDO ANDAR CENTRO RIO DE JANEIRO BR CONSULTANT 120125 CHIT HLAING 209/1 K-TOWER B 15TH FL UNIT 3-4 BANKOK TH 10110 CONSULTANT 108091 5 2099777 2099777 ACCREDITATION PROGRAMS 541900 8758577 8758577 TECHNICAL CONFERENCE REVENUE 541900 3152534 3152534 11911111 596754 596754 7150965 6296793 854172 854172 854172 623814 3192990 -2569176 -2569176 ADVERTISING 541800 353911 353911 353911 13246549 9341935 353911 1450926 3193568 2447591 224364 832129 547062 66240 103392 101336 160132 252071 733225 729286 1005620 1235295 626946 114477 BANK FEES 282652 DONATIONS AND CONTRIBUT 206685 DUES AND SUBSCRIPTIONS 100620 ACCREDITATION PROGRAMS 55783 104777 13123251 2101982 1509557 1698503 1932464 314826 253905 157708 116038 323248 373665 5525440 3831737 2105342 1693703 18979710 20284126 1912780 1600473 0 885136 27594099 28649067 2132975 2429555 1426682 1315776 3902880 3378067 7462537 7123398 X 20131562 21525669 20131562 21525669 27594099 28649067 123298 1270809 0 X 0 1 X 1 0 0 1 0 1816021 973940 842081 3709419 2857797 851622 1693703 RESERVE ACCOUNT 546353 OPERATING LEASE LIABILITIES 2768276 FINANCE LEASE LIABILITIES 63438 3378067 X 17606956 1270809 3192990 4463799 13143157 103392 103392 13246549 16212849 3192990 3192990 13019859 103392 103392 13123251 PART X, LINE 2: UNDER SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE, IADC AND WCI ARE EXEMPT FROM TAXES ON INCOME OTHER THAN UNRELATED BUSINESS INCOME. DURING FISCAL YEAR 2023 AND 2022, IADC AND WCI HAD NO UNRELATED BUSINESS INCOME. THE PAC IS SUBJECT TO TAX ON INVESTMENT EARNINGS. DURING 2024 AND 2023, THERE WERE NO MATERIAL INVESTMENT EARNINGS IN THE PAC. THE ASSOCIATION UTILIZES THE ACCOUNTING REQUIREMENTS ASSOCIATED WITH UNCERTAINTY IN INCOME TAXES USING THE PROVISIONS OF FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ASC 740, INCOME TAXES. USING THAT GUIDANCE, TAX POSITIONS INITIALLY NEED TO BE RECOGNIZED IN THE CONSOLIDATED FINANCIAL STATEMENTS WHEN IT IS MORE-LIKELY-THAN-NOT THE POSITIONS WILL BE SUSTAINED UPON EXAMINATION BY THE TAX AUTHORITIES. IT ALSO PROVIDES GUIDANCE FOR DERECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, ACCOUNTING IN INTERIM PERIODS, DISCLOSURE AND TRANSITION. AS OF DECEMBER 31, 2023 AND 2022, THE ASSOCIATION HAS NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR RECOGNITION OR DISCLOSURE IN THE CONSOLIDATED FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 3,192,990. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 3,192,990. X X X X 0 0 0 JASON E MCFARLAND PRESIDENT 400208 0 173167 0 0 0 29234 0 0 0 602609 0 0 0 MICHAEL DUBOSE VP - INTERNATIONAL DEVELOP 300500 0 78015 0 0 0 27883 0 0 0 406398 0 0 0 LEESA TEEL VP - CONFERENCES/MEMBERSHI 254780 0 64897 0 0 0 24876 0 0 0 344553 0 0 0 BOB WARREN VP- GOVT INDUSTRY AFFAIRS 254800 0 58800 0 0 0 25922 0 0 0 339522 0 0 0 JAMES ROCCO SR. DIRECTOR, GOVT IND AFF 220606 0 19091 0 0 0 20427 0 0 0 260124 0 0 0 JOE LILLIS SR. DIRECTOR GOVT IND. AFF 221450 0 15588 0 0 0 18130 0 0 0 255168 0 0 0 BROOKE POLK VP ACCREDITATION OPERATION 157400 0 39718 0 0 0 16407 0 0 0 213525 0 0 0 ANGELA GUNDEN SENIOR DIRECTOR CORP SERVI 150403 0 39047 0 0 0 14708 0 0 0 204158 0 0 0 LINDA HSIEH VP EDITOR/PUBLISHER 149088 0 37976 0 0 0 14557 0 0 0 201621 0 0 0 DEAN GANT SENIOR DIRECTOR OF FINANCE 159673 0 13818 0 0 0 11223 0 0 0 184714 0 0 0 THAD DUNHAM DIR. GOVERNMENT AND IND AF 152360 0 13896 0 0 0 14920 0 0 0 181176 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE ASSOCIATION IS A TRADE ASSOCIATION MADE UP OF MEMBERS OF THE OIL & GAS DRILLING INDUSTRY THAT PAY ANNUAL DUES. THE ASSOCIATION PROVIDES ITS MEMBERSHIP WITH INFORMATIONAL AND TECHNICAL PUBLICATIONS, CONFERENCES AND EXCHANGES BEST PRACTICES TO ITS MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A THE MEMBER ELECT 311 DIRECTORS THAT ARE RESPONSIBLE FOR EXECUTING THE MISSION STATEMENT OF THE ASSOCIATION. THESE DIRECTORS NOMINATE AND ELECT A 20 MEMBER EXECUTIVE COMMITTEE (GOVERNING BODY) THAT MONITORS THE OFFICERS PERFORMANCE IN CARRYING OUT THE MISSION OF THE ASSOCIATION. FORM 990, PART VI, SECTION A, LINE 7B ALL ACTIONS TAKEN BY THE EXECUTIVE COMMITTE ARE APPROVED BY THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B TAX RETURN IS REVIEWED BY PRESIDENT AND CONTROLLER WITH THE ACCOUNTANT. COPY IS PROVIDED TO THE EXECUTIVE COMMITTEE FOR THEIR REVIEW AND COMMENTS. FORM 990, PART VI, SECTION B, LINE 12C ALL EMPLOYEES ARE AWARE OF THE SIGNIFICANCE AND SERIOUSNESS OF THE ASSOCIATION'S CONFLICT OF INTEREST POLICY. ALL EMPLOYEES ARE REQUIRED TO REPORT TO SUPERVISORS ANY OUTSIDE ACTIVITIES THEY MAY BE ENGAGED IN AS IT RELATES TO THE POTENTIAL CONFLICTS OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 THE ASSOCIATION'S OFFICERS COMPENSATION IS DETERMINED BY A COMPENSATION COMMITTEE MADE UP OF INDEPENDENT BOARD MEMBERS. THE CONTEMPORANEOUS MINUTES TO THESE MEETINGS ARE MAINTAINED BY THE BOARD SECRETARY. FORM 990, PART VI, SECTION C, LINE 19 THE ASSOCIATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. EACH EXECUTIVE COMMITTEE MEMBER AND DIRECTOR IS GIVEN A COPY OF THE ANNUAL AUDITED FINANCIALS. WCI-WELL CONTROL INSTITUTUE 3657 BRIARPARK DRIVE SUITE 200 HOUSTON TX 77042 473933578 PROVIDE A FORUM FOR INDUSTRY PARTICIPANTS FOR WELL CONTROL ISSUES TX 501(C)(6) INTERNATIONAL ASSOCIATION OF DRILLING CONTRACTORS 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0