Nonprofit · EIN 75-1085465
PERMIAN BASIN PETROLEUM ASSOCIATION INC
Tax-exempt · MIDLAND, TX 79702
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $2,098,401 | $1,976,566 | $121,835 | $3,378,950 | $1,697,445 | $1,681,505 |
| December 31, 2023 | 990 | $1,800,223 | $1,689,531 | $110,692 | $2,582,922 | $1,023,252 | $1,559,670 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $1,758,495
- Membership dues
- $1,758,495
- Program service revenue
- $0
- Investment income
- $80,822
- Net income from fundraising events
- $233,442
- Other revenue
- $259,084
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $1,000,917
- Salaries, compensation and benefits (total)
- $1,221,492
- Professional fundraising fees
- $0
- Occupancy
- $161,116
- Travel
- $99,514
- Depreciation
- $5,318
- Program services (functional)
- $1,371,077
- Management and general (functional)
- $534,835
- Fundraising (functional)
- $70,654
Balance sheet and other
- Total assets, start of year
- $2,582,922
- Total assets, end of year
- $3,378,950
- Total liabilities, end of year
- $1,697,445
- Net assets, end of year
- $1,681,505
- Land, buildings and equipment
- $45,815
- Net assets without donor restrictions
- $1,681,505
- Gross receipts
- $2,941,701
- Employees
- 0
- Volunteers
- 0
- Year formed
- 1962
- State of legal domicile
- TX
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BEN SHEPPERD | PRESIDENT Trustee or director, Officer | 40 | $352,000 |
| TOMMY TAYLOR | IMMED PAST CHAIRMAN Trustee or director, Officer | 2 | $0 |
| JEFF SPARKS | CHAIRMAN Trustee or director, Officer | 2 | $0 |
| MARK DINGLER | CHAIRMAN - ELECT Trustee or director, Officer | 2 | $0 |
| DENZIL WEST | AREA VICE PRESIDENT Trustee or director, Officer | 2 | $0 |
| MATT MATHIS | AREA VICE PRESIDENT Trustee or director, Officer | 2 | $0 |
| TOM JANISZEWSKI | AREA VICE PRESIDENT Trustee or director, Officer | 2 | $0 |
| LANCE ROBERTSON | AREA VICE PRESIDENT Trustee or director, Officer | 2 | $0 |
| STEVEN JEFFCOAT | SEC./TREA. Trustee or director, Officer | 2 | $0 |
| ANGELA STAPLES | GENERAL COUNSEL Trustee or director, Officer | 2 | $0 |
| LEVI MAURER | DIRECTOR Trustee or director | 1 | $0 |
| MALCOLM KINTZING | DIRECTOR Trustee or director | 1 | $0 |
| ROSALIND REDFORN GROVER | DIRECTOR Trustee or director | 1 | $0 |
| NICK TAYLOR | DIRECTOR Trustee or director | 1 | $0 |
| JIM NEWMAN | DIRECTOR Trustee or director | 1 | $0 |
27 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RICHARD JENKINS | DIRECTOR Trustee or director | 1 | $0 |
| AARON HUNTER | DIRECTOR Trustee or director | 1 | $0 |
| COREY MITCHELL | DIRECTOR Trustee or director | 1 | $0 |
| JULIE WILLIAMS | DIRECTOR Trustee or director | 1 | $0 |
| JAMES PINCHBACK | DIRECTOR Trustee or director | 1 | $0 |
| AARON JOHNSON | DIRECTOR Trustee or director | 1 | $0 |
| MICHAEL SCOTT | DIRECTOR Trustee or director | 1 | $0 |
| LORI BLONG | DIRECTOR Trustee or director | 1 | $0 |
| JONNY HEINS | DIRECTOR Trustee or director | 1 | $0 |
| MATT JOHNSON | DIRECTOR Trustee or director | 1 | $0 |
| BRAD CANTRELL | DIRECTOR Trustee or director | 1 | $0 |
| PAT BOND | DIRECTOR Trustee or director | 1 | $0 |
| ROBERT WINKLER | DIRECTOR Trustee or director | 1 | $0 |
| PAUL KENWORTH | DIRECTOR Trustee or director | 1 | $0 |
| ALEX BEAL | DIRECTOR Trustee or director | 1 | $0 |
| SHAD FRAZIER | DIRECTOR Trustee or director | 1 | $0 |
| BEN FRIEDMAN | DIRECTOR Trustee or director | 1 | $0 |
| GARRETT MARTIN | DIRECTOR Trustee or director | 1 | $0 |
| EDWARD LAURER | DIRECTOR Trustee or director | 1 | $0 |
| SHANKAR ANNAMALAI | DIRECTOR Trustee or director | 1 | $0 |
| PATRICK PADILLA | DIRECTOR Trustee or director | 1 | $0 |
| WILL HOUSER | DIRECTOR Trustee or director | 1 | $0 |
| GENE SHEPHERD | DIRECTOR Trustee or director | 1 | $0 |
| GARRETT DONNELLY | DIRECTOR Trustee or director | 1 | $0 |
| RYAN ANWAR | DIRECTOR Trustee or director | 1 | $0 |
| ROBERT CRAIN | DIRECTOR Trustee or director | 1 | $0 |
| DAVID ARRINGTON | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 38 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BEN SHEPPERD | PRESIDENT Trustee or director, Officer | 40 | $327,000 |
| SCOTT KIDWELL | IMMED PAST CHAIRMAN Trustee or director, Officer | 2 | $0 |
| TOMMY TAYLOR | CHAIRMAN Trustee or director, Officer | 2 | $0 |
| JEFF SPARKS | CHAIRMAN - ELECT Trustee or director, Officer | 2 | $0 |
| MARK DINGLER | AREA VICE PRESIDENT Trustee or director, Officer | 2 | $0 |
| MATT MATHIS | AREA VICE PRESIDENT Trustee or director, Officer | 2 | $0 |
| LANCE ROBERTSON | AREA VICE PRESIDENT Trustee or director, Officer | 2 | $0 |
| TOM JANISZEWSKI | AREA VICE PRESIDENT Trustee or director, Officer | 2 | $0 |
| DENZIL WEST | AREA VICE PRESIDENT Trustee or director, Officer | 2 | $0 |
| STEVEN JEFFCOAT | SEC./TREA. Trustee or director, Officer | 2 | $0 |
| ANGELA STAPLES | GENERAL COUNSEL Trustee or director, Officer | 2 | $0 |
| MATT JOHNSON | DIRECTOR Trustee or director | 1 | $0 |
| MICHAEL DESHAZER | DIRECTOR Trustee or director | 1 | $0 |
| PAT BOND | DIRECTOR Trustee or director | 1 | $0 |
| ROBERT WINKLER | DIRECTOR Trustee or director | 1 | $0 |
| PAUL KENWORTHY | DIRECTOR Trustee or director | 1 | $0 |
| ALEX BEAL | DIRECTOR Trustee or director | 1 | $0 |
| CLINT MILLS | DIRECTOR Trustee or director | 1 | $0 |
| LEVI MAURER | DIRECTOR Trustee or director | 1 | $0 |
| DAVID BLEDSOE | DIRECTOR Trustee or director | 1 | $0 |
| ROSALILND REDFERN GROVER | DIRECTOR Trustee or director | 1 | $0 |
| NICK TAYLOR | DIRECTOR Trustee or director | 1 | $0 |
| JIM NEWMAN | DIRECTOR Trustee or director | 1 | $0 |
| AARON HUNTER | DIRECTOR Trustee or director | 1 | $0 |
| COREY MITCHELL | DIRECTOR Trustee or director | 1 | $0 |
| JULIE WILLIAMS | DIRECTOR Trustee or director | 1 | $0 |
| JAMES PINCHBACK | DIRECTOR Trustee or director | 1 | $0 |
| AARON JOHNSON | DIRECTOR Trustee or director | 1 | $0 |
| MICHAEL SCOTT | DIRECTOR Trustee or director | 1 | $0 |
| LORI BLONG | DIRECTOR Trustee or director | 1 | $0 |
| JONNY HEINS | DIRECTOR Trustee or director | 1 | $0 |
| BEN FRIEDMAN | DIRECTOR Trustee or director | 1 | $0 |
| SHANE LARGE | DIRECTOR Trustee or director | 1 | $0 |
| EDWARD LAURER | DIRECTOR Trustee or director | 1 | $0 |
| SHANKAR ANNAMALAI | DIRECTOR Trustee or director | 1 | $0 |
| CARRIE ENDORF | DIRECTOR Trustee or director | 1 | $0 |
| WILL HOUSER | DIRECTOR Trustee or director | 1 | $0 |
| GENE SHEPHERD | DIRECTOR Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 132, MIDLAND, TX 79702-0132
- Principal officer (990 for 2024)
- BEN SHEPPERD
- Signed the 990
- BEN SHEPPERD, PRESIDENT
- Phone
- (432) 684-6389
- Website
- WWW.PBPA.INFO
- Return prepared by
- WHITLEY PENN LLP
Mission
TO INFORM MEMBERS, AS WELL AS THE GENERAL PUBLIC, OF CURRENT EVENTS AND DEVELOPMENTS PERTAINING TO THE OIL AND GAS INDUSTRY IN THE PERMIAN BASIN.
Program accomplishments
- N/A
- N/A
- N/A
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 | Not 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
- 75-1085465
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Exempt since
- 1985
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $3,378,950
- Income (IRS master file)
- $2,941,701
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $2,098,401 | $1,976,566 | $3,378,950 | XML |
| 990 | December 2023 | $1,800,223 | $1,689,531 | $2,582,922 | XML |
| 990 | December 2022 | $1,732,932 | $1,539,391 | $2,475,461 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | 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 75-1085465).
Questions about PERMIAN BASIN PETROLEUM ASSOCIATION INC
- What is the EIN of PERMIAN BASIN PETROLEUM ASSOCIATION INC?
- The employer identification number (EIN) of PERMIAN BASIN PETROLEUM ASSOCIATION INC is 75-1085465.
- Is PERMIAN BASIN PETROLEUM ASSOCIATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1985.
- Which annual return does PERMIAN BASIN PETROLEUM 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 PERMIAN BASIN PETROLEUM 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 PERMIAN BASIN PETROLEUM 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 PERMIAN BASIN PETROLEUM ASSOCIATION INC?
- The 990 for the year ended December 31, 2024 names BEN SHEPPERD.
- Who are the officers and directors of PERMIAN BASIN PETROLEUM ASSOCIATION INC?
- The 990 for the year ended December 31, 2024 lists 42 people; 1 received compensation from the organization, the highest $352,000 (BEN SHEPPERD, PRESIDENT).
- How much revenue does PERMIAN BASIN PETROLEUM ASSOCIATION INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $2,098,401, expenses of $1,976,566 and total assets of $3,378,950 at year end.
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