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Nonprofit · EIN 75-2255233

NATURAL GAS SOCIETY OF THE PERMIAN BASIN

Tax-exempt (reinstated) · MIDLAND, TX 79702

Financials

−$9K$11K2023$63K$58K2024
Revenue Expenses · by fiscal year end
Financials of NATURAL GAS SOCIETY OF THE PERMIAN BASIN by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-EZ$63,471$57,837$5,634$22,518–$22,518
December 31, 2023990-EZ-$8,956$11,130-$20,086$16,884–$16,884
Financial details: 990-EZ for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$57,500
Program service revenue
$6,000
Net income from fundraising events
-$29

Expenses

Grants and similar amounts paid
$55,750
Compensation of officers, directors and key employees
$0
Professional fees and payments to contractors
$1,225
Other expenses
$862
Program services (functional)
$55,750

Balance sheet and other

Total assets, start of year
$16,884
Total assets, end of year
$22,518
Total liabilities, end of year
–
Net assets, end of year
$22,518
Cash, savings and investments
$22,518
Gross receipts
$132,500

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-EZ for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
LEWIS HINOJOSVice President1$0
COLE ATTEBERRYDirector1$0
KATHERINE COLEMANSecretary1$0
LOREN FULLERDirector1$0
BRIAN OWENDirector1$0
BRAD YARBROUGHPAST PRESIDENT1$0
ERICK GUTIERREZDirector1$0
BRITTANY JOHNSONPresident1$0
990-EZ for the year ended December 31, 2023: 7 people
NameTitleHours / weekCompensation
MATT HUNTVice President1$0
SHELBY FLATTDirector1$0
TRACY COBBSecretary1$0
JOSH SHELKEYDirector1$0
BRAD YARBROUGHDirector1$0
ELISE TAUNTONPresident1$0
DANIELLE COXBUS. MANAGER1$0

Address and contacts

Address (IRS master file)
PO BOX 11382, MIDLAND, TX 79702-8382
Signed the 990-EZ
BRITTANY JOHNSON, President
Phone
(432) 413-1589
Website
NGSPB.COM
Return prepared by
C Marc Martin CPA

Mission

The Natural Gas Society of the Permian Basins purpose is to advance the natural gas industry and the professional development of its members by providing educational and technical programs, fostering networking and social connections, promoting awareness of legislative issues, and supporting future energy professionals through scholarships and community engagement.

990-EZ for the year ended December 31, 2024

Program accomplishments

  • THE NATURAL GAS SOCIETY OF THE PERMIAN BASIN ("NGSPB") EXISTS TO CONNECT AND PROFESSIONALLY DEVELOP MEMBERS THROUGH EDUCATIONAL, LEGISLATIVE, SOCIAL, AND TECHNICAL EVENTS. WORKING IN ALL FACETS OF THE NATURAL GAS AND ENERGY INDUSTRIES, OUR MEMBERS ARE WHAT MAKE US UNIQUE. NGSPB OFFERS MEMBERS THE OPPORTUNITY TO CONNECT WITH INDIVIDUALS WORKING IN A VARIETY OF DIFFERENT POSITIONS FOR ORGANIZATIONS LARGE AND SMALL.NGSPB MEMBERSHIP CONSISTS OF OVER SIXTY INDIVIDUALS FROM OVER FIFTY COMPANIES IN THE PERMIAN BASIN. NGSPB HOLDS LUNCHEONS THROUGHOUT THE YEAR FOR ITS MEMBERS FEATURING GUEST SPEAKERS THAT COVER NUMEROUS TOPICS SUCH AS NATURAL GAS MARKET TRENDS, REGULATORTY UPDATES AND SAFETY PRACTICES.EACH YEAR, NGSPB RAISES FUNDS THROUGH ITS MEMBERSHIP DRIVE, MONTHLY LUNCHEONS AND SPONSORED GOLF TOURNAMENT TO SUPPORT ITS GENERAL SCHOLARSHIP FUND. THIS YEAR, NGSPB GRANTED $24,750 IN ACADEMIC SCHOLARSHIPS TO SEVEN STUDENTS TO ENCOURAGE AND SUPPORT THEIR EDUCATION.THIS YEAR, NGSPB HELD A CLAY SHOOT THAT ENGAGED OVER 200 INDUSTRY PROFESSIONALS IN A DAY OF NETWORKING AND PHILANTHROPY. PROCEEDS FROM THE EVENT ENABLED NGSPB TO DONATE $31,000 TO A LOCAL 501(C)(3) ORGANIZATION ADDRESSING FOOD INSECURITY AMONG ECONOMICALLY DISADVANTAGED STUDENTS IN THE COMMUNITY.
    Expenses $55,750

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-EZ on file
2023December 31, 2023May 15, 2024990-EZ on file

IRS record

EIN
75-2255233
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
2020
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$22,518
Income (IRS master file)
$132,500

Revocation and reinstatement

Exemption revoked
May 15, 2012
Posted by the IRS
February 11, 2013
Reinstated
Effective May 15, 2012

From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2024$63,471$57,837$22,518IRS
990-EZDecember 2023-$8,956$11,130$16,884XML
990-EZDecember 2022–––IRS
990-EZDecember 2021–––IRS
990-EZDecember 2020–––IRS
990-EZDecember 2019–––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 75-2255233).

Questions about NATURAL GAS SOCIETY OF THE PERMIAN BASIN

What is the EIN of NATURAL GAS SOCIETY OF THE PERMIAN BASIN?
The employer identification number (EIN) of NATURAL GAS SOCIETY OF THE PERMIAN BASIN is 75-2255233.
Is NATURAL GAS SOCIETY OF THE PERMIAN BASIN tax-exempt?
Yes. The IRS revoked its exemption on May 15, 2012 and reinstated it effective May 15, 2012.
Are donations to NATURAL GAS SOCIETY OF THE PERMIAN BASIN tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does NATURAL GAS SOCIETY OF THE PERMIAN BASIN 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 NATURAL GAS SOCIETY OF THE PERMIAN BASIN 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 NATURAL GAS SOCIETY OF THE PERMIAN BASIN last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
Who are the officers and directors of NATURAL GAS SOCIETY OF THE PERMIAN BASIN?
The 990-EZ for the year ended December 31, 2024 lists 8 people; 0 received compensation from the organization.
How much revenue does NATURAL GAS SOCIETY OF THE PERMIAN BASIN have?
On its 990-EZ for the year ended December 31, 2024 it reported revenue of $63,471, expenses of $57,837 and total assets of $22,518 at year end.

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