Nonprofit · EIN 72-0417455
PETROLEUM CLUB OF SHREVEPORT INC
Tax-exempt · SHREVEPORT, LA 71101
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $1,783,795 | $1,897,578 | -$113,783 | $759,434 | $201,804 | $557,630 |
| December 31, 2024 | 990 | $2,111,208 | $2,243,897 | -$132,689 | $885,127 | $193,141 | $691,986 |
| December 31, 2023 | 990 | $1,794,221 | $2,362,399 | -$568,178 | $908,241 | $379,154 | $529,087 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $1,131,919
- Membership dues
- $1,131,919
- Program service revenue
- $0
- Investment income
- $1,630
- Net income from sales of inventory
- $213,570
- Other revenue
- $650,246
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $1,026,619
- Salaries, compensation and benefits (total)
- $1,137,097
- Professional fundraising fees
- $0
- Accounting fees
- $10,537
- Occupancy
- $203,804
- Depreciation
- $37,239
Balance sheet and other
- Total assets, start of year
- $885,127
- Total assets, end of year
- $759,434
- Total liabilities, end of year
- $201,804
- Net assets, end of year
- $557,630
- Land, buildings and equipment
- $309,748
- Net assets without donor restrictions
- $460,766
- Net assets with donor restrictions
- $96,864
- Gross unrelated business income
- $651,876
- Gross receipts
- $2,290,929
- Employees
- 0
- Volunteers
- 0
- Year formed
- 1950
- State of legal domicile
- LA
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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JASON ROBERTS | GENERAL MANAGER Trustee or director | 40 | $195,520 |
| PARKER MAXWELL | DIRECTOR Trustee or director | 2 | $0 |
| STEVEN MORAN | DIRECTOR Trustee or director | 2 | $0 |
| CRYSTAL WOOLDRIDGE | DIRECTOR Trustee or director | 2 | $0 |
| JAKE PATTY | DIRECTOR Trustee or director | 2 | $0 |
| ADAM WEST | DIRECTOR Trustee or director | 2 | $0 |
| DAVID MORGAN | DIRECTOR Trustee or director | 2 | $0 |
| KEN WOMACK | DIRECTOR Trustee or director | 2 | $0 |
| CHAD SEPULVADO | SECRETARY Officer | 2 | $0 |
| JUSTIN CARR | TREASURER Officer | 2 | $0 |
| JEFF DOUTHITT | VICE PRESIDENT Officer | 2 | $0 |
| JEREMY HARRIS | PRESIDENT Officer | 2 | $0 |
990 for the year ended December 31, 2024: 13 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JASON ROBERTS | GENERAL MANAGER Trustee or director | 40 | $214,000 |
| STEVEN MORAN | DIRECTOR Trustee or director | 2 | $0 |
| JENNIFER ELLIOT | DIRECTOR Trustee or director | 2 | $0 |
| JOHN BARR III | DIRECTOR Trustee or director | 2 | $0 |
| DAVID HANKINS | DIRECTOR Trustee or director | 2 | $0 |
| GEORGE WHITTINGTON | DIRECTOR Trustee or director | 2 | $0 |
| DAVID MORGAN | DIRECTOR Trustee or director | 2 | $0 |
| KEN WOMACK | DIRECTOR Trustee or director | 2 | $0 |
| JEREMY HARRIS | VICE PRESIDENT Trustee or director | 2 | $0 |
| PARKER MAXWELL | PRESIDENT Officer | 2 | $0 |
| LELAND HORTON | SECRETARY Officer | 2 | $0 |
| KADE MCDONALD | TREASURER Officer | 2 | $0 |
| MARTY WOOLDRIDGE | PAST PRESIDENT Officer | 2 | $0 |
990 for the year ended December 31, 2023: 15 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JOHN OMEARA | GENERAL MANAGER Trustee or director | 40 | $84,600 |
| JASON ROBERTS | GENERAL MANAGER Trustee or director | 40 | $37,000 |
| JENNIFER TERRELL | GENERAL MANAGER Trustee or director | 40 | $25,929 |
| STEVEN MORAN | DIRECTOR Trustee or director | 2 | $0 |
| JENNIFER ELLIOT | DIRECTOR Trustee or director | 2 | $0 |
| JOHN BARR III | DIRECTOR Trustee or director | 2 | $0 |
| DAVID HANKINS | DIRECTOR Trustee or director | 2 | $0 |
| GEORGE WHITTINGTON | DIRECTOR Trustee or director | 2 | $0 |
| DAVID MORGAN | DIRECTOR Trustee or director | 2 | $0 |
| KEN WOMACK | DIRECTOR Trustee or director | 2 | $0 |
| WES SHEPHERD | PRESIDENT Officer | 2 | $0 |
| PARKER MAXWELL | VICE PRESIDENT Officer | 2 | $0 |
| LELAND HORTON | SECRETARY Officer | 2 | $0 |
| KADE MCDONALD | TREASURER Officer | 2 | $0 |
| MARTY WOOLDRIDGE | PAST PRESIDENT Officer | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 416 TRAVIS ST STE 1500, SHREVEPORT, LA 71101-5506
- Principal officer (990 for 2025)
- JASON ROBERTS, 416 TRAVIS STREET SUITE 1412, SHREVEPORT, LA 71101
- Signed the 990
- JASON ROBERTS, GENERAL MANAGER
- Phone
- (318) 425-4251
- Website
- WWW.PETROLEUMCLUB.COM
- Return prepared by
- TMCE LLP
Mission
TO PROVIDE A FRATERNAL ORGANIZATION TO PROMOTE EDUCATIONAL INSIGHT AND INTELLECTUAL AND SOCIAL INTERACTION AMOUNG MEMBERS ENGAGED IN THE PETROLEUM, NATURAL GAS AND OTHER ALLIED INDUSTRIES AND PROFESSIONS.
Program accomplishments
- THE PURPOSE OF THE CLUB IS TO PROVIDE ITS MEMBERS WITH RECREATION, ENTERTAINMENT AND A SOCIAL ENVIRONMENT CONDUCIVE TO THE ADVANCEMENT OF PETROLEUM INDUSTRY AND OTHER TECHNOLOGIES THROUGH INTERACTION AMONG THE MEMBERSHIP.
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 72-0417455
- Tax-exempt status
- 501(c)(7): Social or recreational club
- Donations deductible
- No
- Exempt since
- 1963
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $759,434
- Income (IRS master file)
- $2,290,929
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $1,783,795 | $1,897,578 | $759,434 | XML |
| 990 | December 2024 | $2,111,208 | $2,243,897 | $885,127 | IRS |
| 990 | December 2023 | $1,794,221 | $2,362,399 | $908,241 | XML |
| 990 | December 2022 | $2,018,405 | $1,799,858 | $1,501,119 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | 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 72-0417455).
Questions about PETROLEUM CLUB OF SHREVEPORT INC
- What is the EIN of PETROLEUM CLUB OF SHREVEPORT INC?
- The employer identification number (EIN) of PETROLEUM CLUB OF SHREVEPORT INC is 72-0417455.
- Is PETROLEUM CLUB OF SHREVEPORT INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(7) since 1963.
- Are donations to PETROLEUM CLUB OF SHREVEPORT INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does PETROLEUM CLUB OF SHREVEPORT 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 PETROLEUM CLUB OF SHREVEPORT INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did PETROLEUM CLUB OF SHREVEPORT INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of PETROLEUM CLUB OF SHREVEPORT INC?
- The 990 for the year ended December 31, 2025 names JASON ROBERTS.
- Who are the officers and directors of PETROLEUM CLUB OF SHREVEPORT INC?
- The 990 for the year ended December 31, 2025 lists 12 people; 1 received compensation from the organization, the highest $195,520 (JASON ROBERTS, GENERAL MANAGER).
- How much revenue does PETROLEUM CLUB OF SHREVEPORT INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $1,783,795, expenses of $1,897,578 and total assets of $759,434 at year end.
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