Skip to main content

Nonprofit · EIN 61-0246327

KENTUCKY OIL & GAS ASSOCIATION INC

Tax-exempt · FRANKFORT, KY 40602

Financials

$282K$270K2023$260K$241K2024
Revenue Expenses · by fiscal year end
Financials of KENTUCKY OIL & GAS ASSOCIATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$260,270$240,953$19,317$346,659$5,521$341,138
December 31, 2023990$281,512$269,938$11,574$336,402$14,581$321,821
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$100,025
Membership dues
$95,165
Program service revenue
$128,067
Investment income
$15,609
Other revenue
$16,569

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$83,250
Salaries, compensation and benefits (total)
$98,778
Professional fundraising fees
$0
Accounting fees
$6,281
Occupancy
$9,617
Travel
$8,965
Program services (functional)
$196,638
Management and general (functional)
$44,315

Balance sheet and other

Total assets, start of year
$336,402
Total assets, end of year
$346,659
Total liabilities, end of year
$5,521
Net assets, end of year
$341,138
Net assets without donor restrictions
$341,138
Gross unrelated business income
$2,486
Gross receipts
$260,270
Employees
1
Year formed
1931
State of legal domicile
KY

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
RYAN WATTSEXEC DIRECTO
Officer
40$83,250
SHAWN BAILEYPRESIDENT
Trustee or director, Officer
1$0
JOHN HENDERSONPRESIDENT-EL
Trustee or director, Officer
1$0
STACEE DOVERTREASURER
Trustee or director, Officer
1$0
WESLEY CATEPAST-PRESIDE
Trustee or director, Officer
1$0
BILL BARRDIRECTOR
Trustee or director
1$0
JASON BENTLEYDIRECTOR
Trustee or director
1$0
CRAIG BLACKBURNDIRECTOR
Trustee or director
1$0
REECE BROWNDIRECTOR
Trustee or director
1$0
HARRY CALLICOTTEDIRECTOR
Trustee or director
1$0
BERT FERRARADIRECTOR
Trustee or director
1$0
ROBERT FRANCISDIRECTOR
Trustee or director
1$0
DEREK HINADIRECTOR
Trustee or director
1$0
MARK HUGHESDIRECTOR
Trustee or director
1$0
BRYON LEFORTDIRECTOR
Trustee or director
1$0
16 more people on this return
NameTitleHours / weekCompensation
DUANE LESTERDIRECTOR
Trustee or director
1$0
LINDA RUMPKEDIRECTOR
Trustee or director
1$0
ALEX SHAINDIRECTOR
Trustee or director
1$0
CANDACE SMITHDIRECTOR
Trustee or director
1$0
ASH TITZERDIRECTOR
Trustee or director
1$0
CHRIS TOMLINSONDIRECTOR
Trustee or director
1$0
CHUCK VENDITTIDIRECTOR
Trustee or director
1$0
RUDY VOGTDIRECTOR
Trustee or director
1$0
MICHAEL WEBBDIRECTOR
Trustee or director
1$0
BRIAN WELLSDIRECTOR
Trustee or director
1$0
LOGAN WHEATDIRECTOR
Trustee or director
1$0
DAVID WILSONDIRECTOR
Trustee or director
1$0
EVAN ZELLERDIRECTOR
Trustee or director
1$0
BEN NEISESEX-OFFICIO
Trustee or director
1$0
PAUL ROWEEX-OFFICIO
Trustee or director
1$0
DOUG HYDENPAST PRE COU
Trustee or director
1$0
990 for the year ended December 31, 2023: 30 people
NameTitleHours / weekCompensation
RYAN WATTSEXEC DIRECTO
Officer
40$83,250
WESLEY CATEPRESIDENT
Trustee or director, Officer
1$0
SHAWN BAILEYPRESIDENT-EL
Trustee or director, Officer
1$0
MAVERICK BENTLEYIMMED PAST-P
Trustee or director, Officer
1$0
STACEE DOVERTREASURER
Trustee or director, Officer
1$0
BILL BARRDIRECTOR
Trustee or director
1$0
REECE BROWNDIRECTOR
Trustee or director
1$0
HARRY CALLICOTTEDIRECTOR
Trustee or director
1$0
ROBERT FRANCISDIRECTOR
Trustee or director
1$0
STEVEN GOUGHDIRECTOR
Trustee or director
1$0
JOHN HENDERSONDIRECTOR
Trustee or director
1$0
DEREK HINADIRECTOR
Trustee or director
1$0
GREG HOYERDIRECTOR
Trustee or director
1$0
BRYON LEFORTDIRECTOR
Trustee or director
1$0
DUANE LESTERDIRECTOR
Trustee or director
1$0
WILL LINDSEYDIRECTOR
Trustee or director
1$0
LINDA RUMPKEDIRECTOR
Trustee or director
1$0
CANDACE SMITHDIRECTOR
Trustee or director
1$0
ASH TITZERDIRECTOR
Trustee or director
1$0
CHRIS TOMLINSONDIRECTOR
Trustee or director
1$0
CHUCK VENDITTIDIRECTOR
Trustee or director
1$0
RUDY VOGTDIRECTOR
Trustee or director
1$0
MICHAEL WEBBDIRECTOR
Trustee or director
1$0
BRIAN WELLSDIRECTOR
Trustee or director
1$0
LOGAN WHEATDIRECTOR
Trustee or director
1$0
DAVID WILSONDIRECTOR
Trustee or director
1$0
EVAN ZELLERDIRECTOR
Trustee or director
1$0
BEN NEISESEX-OFFICIO
Trustee or director
1$0
BOBBY JOHNSONEX-OFFICIO
Trustee or director
1$0
DOUG HYDENPAST PRE COU
Trustee or director
1$0

Address and contacts

Address (IRS master file)
PO BOX 58, FRANKFORT, KY 40602-0058
In care of
% RYAN WATTS
Principal officer (990 for 2024)
RYAN WATTS, PO BOX 58, FRANKFORT, KY 40602
Signed the 990
RYAN WATTS, EXEC DIRECTOR & SEC
Phone
(502) 226-1955
Return prepared by
MILLER MAYER SULLIVAN & STEVENS LLP

Mission

TO PROTECT THE INTERESTS OF KENTUCKY'S AND UNITED STATES' OIL AND GAS INDUSTRY.

990 for the year ended December 31, 2024

Program accomplishments

  • REPRESENTING THE INTERESTS OF THE KENTUCKY OIL AND GAS INDUSTRY BEFORE THE STATE AND NATIONAL ORGANIZATIONS AND PUBLIC ENTITIES.
    Expenses $98,319 · revenue $64,034
  • COORDINATION OF EFFORTS FOR VARIOUS INTERESTED PARTIES IN THE KENTUCKY OIL AND GAS INDUSTRY.
    Expenses $98,319 · revenue $64,033

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
61-0246327
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
1980
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$346,659
Income (IRS master file)
$260,270

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$260,270$240,953$346,659XML
990December 2023$281,512$269,938$336,402XML
990December 2022$243,957$206,172$316,433IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 61-0246327).

Questions about KENTUCKY OIL & GAS ASSOCIATION INC

What is the EIN of KENTUCKY OIL & GAS ASSOCIATION INC?
The employer identification number (EIN) of KENTUCKY OIL & GAS ASSOCIATION INC is 61-0246327.
Is KENTUCKY OIL & GAS ASSOCIATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1980.
Are donations to KENTUCKY OIL & GAS ASSOCIATION INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does KENTUCKY OIL & GAS ASSOCIATION INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of KENTUCKY OIL & GAS ASSOCIATION INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did KENTUCKY OIL & GAS ASSOCIATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of KENTUCKY OIL & GAS ASSOCIATION INC?
The 990 for the year ended December 31, 2024 names RYAN WATTS.
Who are the officers and directors of KENTUCKY OIL & GAS ASSOCIATION INC?
The 990 for the year ended December 31, 2024 lists 31 people; 1 received compensation from the organization, the highest $83,250 (RYAN WATTS, EXEC DIRECTO).
How much revenue does KENTUCKY OIL & GAS ASSOCIATION INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $260,270, expenses of $240,953 and total assets of $346,659 at year end.

Other nonprofits in FRANKFORT

All nonprofits in FRANKFORT · Kentucky