2025-09-09T12:12:36-05:00 2024-12-31 231909723 MCKONLY & ASBURY LLP 415 FALLOWFIELD ROAD CAMP HILL PA 17011 990 2024-01-01 231282564 PENNSYLVANIA PETROLEUM ASSOCIATION INC PENN 7179391781 10107 JONESTOWN ROAD GRANTVILLE PA 17028 TED HARRIS EXECUTIVE VICE PRESIDENT 7179391781 2025-09-09 1 1 ALYSSA N IRISH P02389116 7177617910 2025-09-09 2024 2025-03-06 01:10:19Z X TED HARRIS 10107 JONESTOWN ROAD GRANTVILLE PA 17028 3391291 0 X WWW.PAPETROLEUM.ORG X 1946 PA TRADE ASSOCIATION REPRESENTING INDEPENDENT PETROLEUM MARKETERS. 13 13 8 15 29298 0 635650 488589 1650781 2093950 32765 390648 76331 72244 2395527 3045431 0 0 0 0 604600 857136 0 0 0 1637199 1812799 2241799 2669935 153728 375496 4542184 5985317 586874 1748203 3955310 4237114 THE ASSOCIATION IS A STATEWIDE ORGANIZATION OF PETROLEUM DEALERS, WHICH PROVIDES VARIOUS SERVICES TO ITS MEMBERS INCLUDING CURRENT DEVELOPMENTS CONCERNING LEGISLATION AND TAX MATTERS. 0 0 ADVANCEMENT OF TRADE - EXPENSES INCLUDING CO-OP ADVERTISING, PUBLIC RELATIONS, AND REGULATORY AFFAIRS THAT PROMOTE ADVANCEMENT OF THE PETROLEUM INDUSTRY. CONVENTIONS - CONVENTION EXPENSES DESIGNED TO PROMOTE THE BETTERMENT OF THE PETROLEUM INDUSTRY. DEVELOPMENT CONFERENCES AND SCHOOLS - EXPENSES INCLUDING INSTRUCTOR FEES, FACILITIES, AND SUPPLIES INCURRED TO PROVIDE EDUCATIONAL SEMINARS REGARDING THE PETROLEUM INDUSTRY. 0 1 0 1 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 19 0 1 8 1 1 1 0 0 0 0 0 0 0 X 13 13 0 0 0 0 1 1 0 1 0 0 0 1 1 0 1 1 0 0 0 0 PA X TED HARRIS 7179391781 10107 JONESTWN ROAD GRANTVILLE PA 17028 BRUCE W SPIRIDONOFF PRESIDENT 2.00 X X 0 0 0 STEVE OEHLERT VICE PRESIDENT 2.00 X X 0 0 0 JIM BARBER TREASURER 2.00 X X 0 0 0 MICHAEL MCCARTHY PAST PRESIDENT & EMA DIREC 2.00 X X 0 0 0 ANDY BRADIGAN DIRECTOR 2.00 X 0 0 0 JASON FLOHR DIRECTOR 2.00 X 0 0 0 MIKE HINDS DIRECTOR 2.00 X 0 0 0 RON KUKUCHKA DIRECTOR 2.00 X 0 0 0 JESSE MCNEELY DIRECTOR 2.00 X 0 0 0 STEVE OHL DIRECTOR 2.00 X 0 0 0 GUY PIPOLO DIRECTOR 2.00 X 0 0 0 KEITH POWELL DIRECTOR 2.00 X 0 0 0 TIM REDSHAW DIRECTOR 2.00 X 0 0 0 THOMAS STUDEBAKER DIRECTOR 2.00 X 0 0 0 PAT TAYLOR DIRECTOR 2.00 X 0 0 0 CHRIS WALTON DIRECTOR 2.00 X 0 0 0 TED HARRIS EXECUTIVE VICE PRESIDENT 40.00 X 215035 0 35833 215035 0 35833 1 0 1 0 0 488589 488589 GENERAL EDUCATION 900099 1299348 1299348 MEMBERSHIP DUES 900099 441078 441078 CONVENTIONS 900099 238030 238030 INSURANCE MGMT FEES 524298 115494 115494 2093950 94121 94121 631377 334850 296527 296527 296527 683 11010 -10327 -10327 MISC. REVENUE-RELATED- 900099 42946 42946 ADVERTISING 541800 39625 39625 82571 3045431 2136896 29298 390648 250868 469161 20677 69645 46785 6128 53911 30000 142965 55391 62358 116095 79120 735366 38573 38463 27839 NORA EXPENSES 327607 MISCELLANEOUS 47827 LEGISLATIVE FUNCTIONS 30772 INTEREST ON NOTE PAYABL 17384 3000 2669935 183310 530258 555967 0 857822 659103 30887 30266 28622 68780 2018069 299937 158850 1718132 2496940 2289230 229786 689548 4542184 5985317 92649 315681 264439 265027 0 994143 229786 173352 586874 1748203 X 3091873 3602817 863437 634297 3955310 4237114 4542184 5985317 375496 -93692 0 X X 0 1 X 0 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 441078 32915 32915 66162 -33247 225000 225000 1333941 8298 1325643 94669 54331 40338 349634 222483 127151 14825 14825 0 1718132 RIGHT OF USE ASSET 173352 CONSTRUCTION IN PROGRESS 516196 689548 OPERATING LEASE OBLIGATIONS LIABILITY 173352 173352 X PART X, LINE 2: THE INTERNAL REVENUE SERVICE HAS DETERMINED THAT THE ASSOCIATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE AND THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. HOWEVER, THE ASSOCIATION AND THE FOUNDATION ARE SUBJECT TO FEDERAL INCOME TAX ON UNRELATED TRADE OR BUSINESS INCOME. CURRENTLY, THE ASSOCIATION HAS NET OPERATING LOSS CARRYFORWARDS OF APPROXIMATELY $110,000 AVAILABLE TO OFFSET FUTURE UNRELATED BUSINESS INCOME. THE NET OPERATING LOSS CARRYFORWARDS DO NOT EXPIRE. MANAGEMENT HAS ELECTED NOT TO RECOGNIZE A DEFERRED TAX ASSET RELATED TO THE NET OPERATING LOSS CARRYFORWARDS DUE TO HISTORICALLY GENERATING INSIGNIFICANT AMOUNTS OF UNRELATED TRADE OR BUSINESS INCOME. THE ORGANIZATION ADHERES TO THE PROVISIONS OF FASB ASC 740, INCOME TAXES (ASC 740). ASC 740 ESTABLISHES RULES FOR RECOGNIZING AND MEASURING TAX POSITIONS TAKEN IN AN INCOME TAX RETURN, INCLUDING DISCLOSURES OF UNCERTAIN TAX POSITIONS (UTPS). ASC 740 MANDATES THAT COMPANIES EVALUATE ALL MATERIAL INCOME TAX POSITIONS FOR PERIODS THAT REMAIN OPEN UNDER APPLICABLE STATUTES OF LIMITATION, AS WELL AS POSITIONS EXPECTED TO BE TAKEN IN FUTURE RETURNS. THE UTP RULES THEN IMPOSE A RECOGNITION THRESHOLD ON EACH TAX POSITION. A COMPANY CAN RECOGNIZE AN INCOME TAX BENEFIT ONLY IF THE POSITION HAS A "MORE LIKELY THAN NOT" (I.E., MORE THAN 50 PERCENT) CHANCE OF BEING SUSTAINED ON THE TECHNICAL MERITS. FOR THE YEARS ENDED DECEMBER 31, 2024 AND 2023, THE ORGANIZATION HAS TAKEN NO MATERIAL TAX POSITIONS ON ITS APPLICABLE TAX FILINGS THAT DO NOT MEET THE MORE LIKELY THAN NOT THRESHOLD. AS A RESULT, NO AMOUNT FOR UTPS HAS BEEN INCLUDED IN THE COMBINED FINANCIAL STATEMENTS. MANAGEMENT BELIEVES IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR YEARS PRIOR TO 2021. 0 0 0 TED HARRIS EXECUTIVE VICE PRESIDENT 215035 0 0 0 0 0 11413 0 24420 0 250868 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THERE SHALL BE TWO CLASSES OF MEMBERSHIP - ACTIVE AND ASSOCIATE ACTIVE MEMBERS SHALL BE CONVENIENCE STORE OPERATORS, MARKETERS, RE-SELLERS OR COMMISSION AGENTS OF GASOLINE, DISTILLATE AND RESIDUAL HEATING OIL OR OTHER PETROLEUM PRODUCTS AND FUELS, ENGAGED IN BUSINESS IN THE COMMONWEALTH OF PENNSYLVANIA ASSOCIATE MEMBERS SHALL BE SUCH AS SHALL BE DECLARED ELIGIBLE FOR SUCH MEMBERSHIP FROM TIME TO TIME BY THE BOARD OF DIRECTORS SUCH MEMBERS SHALL HAVE NO VOTE NOR RIGHT TO PARTICIPATE IN BUSINESS MEETINGS OF THE CORPORATION FORM 990, PART VI, SECTION A, LINE 7A MEMBERS OF THE BOARD OF DIRECTORS SHALL BE CHOSEN FROM THE ACTIVE MEMBERS OF THE ASSOCIATION. BYLAWS MAY BE ENLARGED, AMENDED OR REPLACED, IN ALL OR PART BY EITHER OF THE FOLLOWING METHODS: BY A TWO-THIRDS VOTE OF THE ENTIRE BOARD OF DIRECTORS, OR BY A MAJORITY OF THE ACTIVE MEMBERS PRESENT AT ANY REGULAR OR SPECIAL MEETING. FORM 990, PART VI, SECTION A, LINE 8B THERE ARE NO COMMITTEES WITH THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. ANY ACTIONS REQUIRED BY A COMMITTEE ARE APPROVED BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B THE EXECUTIVE COMMITTEE, INCLUDING THE BOARD TREASURER, REVIEW THE DRAFT 990 BEFORE FINALIZING. FORM 990, PART VI, SECTION B, LINE 12C WHENEVER ANY DIRECTOR HAS A CONFLICT OF INTEREST WITH PENNSYLVANIA PETROLEUM ASSOCIATION, INC, HE OR SHE SHALL CALL SUCH CONFLICT TO THE ATTENTION OF THE BOARD OF DIRECTORS. AFTER IDENTIFYING THE ISSUE, MATTER OR TRANSACTION WITH RESPECT TO WHICH A CONFLICT EXISTS, A DIRECTOR WITH A CONFLICT SHALL WITHDRAW FROM ANY FURTHER INVOLVEMENT IN THAT ISSUE, MATTER OR TRANSACTION UNLESS A MAJORITY OF THE DISINTERESTED DIRECTORS SHALL DETERMINE THAT THE CONFLICT IS (I) IMMATERIAL OR NOT ADVERSE TO THE INTERESTS OF PENNSYLVANIA PETROLEUM ASSOCIATION, INC OR (II) THE BENEFITS OF ALLOWING THE PERSON WITH THE CONFLICT TO PARTICIPATE IN THE DISCUSSION OR CONSIDERATION, BUT NOT THE FINAL DECISION, OUTWEIGH THE DANGERS, IN WHICH CASE THE PERSON MAY PARTICIPATE IN THE DISCUSSION, STUDY OR CONSIDERATION OF THE ISSUE, MATTER OR TRANSACTION, BUT NOT THE FINAL DISCUSSION OR DECISION, IT IS THE DUTY OF EACH DIRECTOR TO DISCLOSE ANY CONFLICT OF INTEREST HE OR SHE IS AWARE OF TO THE BOARD. A DIRECTOR WHO IS UNCERTAIN AS TO WHETHER HE OR SHE MAY HAVE A CONFLICT SHOULD ASK THE SECRETARY FOR AN OPINION. THE SECRETARY SHALL ISSUE A WRITTEN OPINION WHICH SHALL BE PRESUMED TO BE CORRECT AND MAY BE RELIED UPON UNLESS CHALLENGED BY ANOTHER DIRECTOR, IN WHICH CASE THE FINAL DECISION AS TO WHETHER A CONFLICT EXISTS SHALL BE MADE BY THE DIRECTORS. THE SECRETARY SHALL ADVISE BOARD OFFICERS OF EACH AND EVERY OPINION ISSUED. OPINIONS SHALL, TO THE EXTENT POSSIBLE, AVOID THE DISCLOSURE OF PERSONAL INFORMATION WHILE, AT THE SAME TIME, DISCLOSING THE BASIS FOR THE OPINION. COPIES OF ALL OPINIONS SHALL BE RETAINED BY THE SECRETARY AND MADE AVAILABLE TO THE BOARD UPON REQUEST TO PERMIT AND ENCOURAGE CONSISTENCY. THE MINUTES OF THE MEETING AT WHICH THE DISCLOSURE OF ANY CONFLICT IS MADE SHALL REFLECT THAT THE DISCLOSURE WAS MADE AND WHETHER THE PERSON WITH THE CONFLICT WITHDREW, AFTER MAKING FULL DISCLOSURE OF THE MATTER IN QUESTION AND THE CONFLICT, AND WAS NOT PRESENT FOR THE FINAL DISCUSSION OF THE MATTER AND ANY VOTE THEREON. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES IT GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. THE ORGANIZATION INCLUDES A COPY OF ITS FINANCIAL STATEMENTS WITH THE STATE REGISTRATION FILED WITH THE PENNSYLVANIA DEPARTMENT OF STATE, BUREAU OF CHARITABLE ORGANIZATIONS. THESE DOCUMENTS ARE A MATTER OF PUBLIC RECORD AND CAN BE VIEWED AT THE BUREAU OFFICE. PART VI, SECTION A, LINE 5 THE BOARD OF DIRECTORS ASSUMES RESPONSIBILITY FOR THE OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THIS PROCESS HAS NOT CHANGED FROM THE PREVIOUS YEAR. ROBERT V BOLTZ SCHOLARSHIP FOUNDATION 911B SOUTH EISENHOWER BOULEVARD MIDDLETOWN PA 17057 866658996 SCHOLARSHIPS TO PARTICIPANTS IN PPA TRAINING PROGRAMS PA 501(C)(3) LINE 7 PENNSYLVANIA PETROLEUM ASSOCIATION 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0