Nonprofit · EIN 82-1810601
PETROLEUM ACCOUNTANTS SOCIETY OF MISSISSIPPI
Tax-exempt · MADISON, MS 39130
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $7,233 | $7,337 | -$104 | $37,635 | $0 | $37,635 |
| June 30, 2024 | 990 | $17,104 | $12,471 | $4,633 | $37,739 | $0 | $37,739 |
| June 30, 2023 | 990 | $14,996 | $14,340 | $656 | $33,107 | $0 | $33,107 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $7,215
- Membership dues
- $7,215
- Program service revenue
- $0
- Investment income
- $18
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Program services (functional)
- $7,337
Balance sheet and other
- Total assets, start of year
- $37,739
- Total assets, end of year
- $37,635
- Total liabilities, end of year
- $0
- Net assets, end of year
- $37,635
- Gross unrelated business income
- $18
- Gross receipts
- $7,233
- Employees
- 0
- Volunteers
- 0
- Year formed
- 2017
- State of legal domicile
- MS
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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| NINA MORGAN | DIRECTOR Trustee or director | 0.5 | $0 |
| WILLIAM WITHERS V | PRESIDENT Trustee or director, Officer | 1 | $0 |
| BLAIR BRANCH | TREASURER Trustee or director, Officer | 1 | $0 |
| CATHERINE K NAUGHTON PEYTON | DIRECTOR Trustee or director | 1 | $0 |
| OSCAR HARTMAN | DIRECTOR Trustee or director | 0.5 | $0 |
| MORGAN GEOGHAGAN | DIRECTOR Trustee or director | 0.5 | $0 |
| KELLY BRIGGS | DIRECTOR Trustee or director | 0.5 | $0 |
| DANIEL WRIGHT | DIRECTOR Trustee or director | 0.5 | $0 |
| KEVIN JACKSON | VICE-PRESIDENT Trustee or director, Officer | 0.5 | $0 |
990 for the year ended June 30, 2024: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| NINA MORGAN | DIRECTOR Trustee or director | 0.5 | $0 |
| WILLIAM WITHERS V | PRESIDENT Trustee or director, Officer | 1 | $0 |
| PAULA WHITE | SECRETARY Trustee or director | 0.5 | $0 |
| CATHERINE K NAUGHTON PEYTON | DIRECTOR Trustee or director | 1 | $0 |
| OSCAR HARTMAN | DIRECTOR Trustee or director | 0.5 | $0 |
| KEN RUSHING | DIRECTOR Trustee or director | 0.5 | $0 |
| DANIEL WRIGHT | DIRECTOR Trustee or director | 0.5 | $0 |
| KEVIN JACKSON | VICE-PRESIDENT Trustee or director, Officer | 1 | $0 |
| BLAIR BRANCH | TREASURER Trustee or director, Officer | 1 | $0 |
990 for the year ended June 30, 2023: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KEN RUSHING | PRESIDENT Trustee or director, Officer | 1 | $0 |
| WILLIAM WITHERS V | VICE-PRESIDENT Trustee or director, Officer | 1 | $0 |
| JACKIE WHITEHEAD | TREASURER Trustee or director, Officer | 0.5 | $0 |
| CATHERINE K NAUGHTON PEYTON | DIRECTOR Trustee or director | 1 | $0 |
| OSCAR HARTMAN | DIRECTOR Trustee or director | 0.5 | $0 |
| MORGAN GEOGHAGAN | DIRECTOR Trustee or director | 0.5 | $0 |
| NINA MORGAN | DIRECTOR Trustee or director | 0.5 | $0 |
| DANIEL WRIGHT | DIRECTOR Trustee or director | 0.5 | $0 |
| KEVIN JACKSON | DIRECTOR Trustee or director | 0.5 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 418, MADISON, MS 39130-0418
- Principal officer (990 for 2024)
- CATHERINE K NAUGHTON PEYT, PO BOX 418, MADISON, MS 39130
- Signed the 990
- CATHERINE K NAUGHTON PEYTON, DIRECTOR
- Phone
- (601) 707-8220
- Return prepared by
- PEYTON & COMPANY PLLC
Mission
THE SOCIETY SUPPORTS IT'S MEMBERS BY:1. ADVANCING PETROLEUM ACCOUNTING AND AUDITING;2. FURTHERING THE DEVELOPMENT OF IMPROVED ACCOUNTING METHODS, PROCESSES AND PROCEDURES;3. THE SUPPORT AND INVOLVEMENT IN DEVELOPMENT OF COPAS MODEL FORM ACCOUNTING PROCEDURES;4. CONTINUING TO ADVANCE THE STANDING OF THE PROFESSION OF PETROLEUM ACCOUNTING;5. PRESERVE AND ENFORCE THE ETHICS OF THE PROFESSION OF PETROLEUM ACCOUNTING; 6. PROVIDE SOCIAL NETWORKING OPPORTUNITIES FOR PETROLEUM ACCOUNTANTS AND CPAS WHO WORK WITH COMPANIES AFFILIATED WITH THE OIL AND GAS INDUSTRY; AND7. PROVIDE EDUCATIONAL OPPORTUNITIES FOR INDIVIDUALS AND FIRMS DOING ACCOUNTING AND AUDITING WORK FOR COMPANIES AND INDIVIDUALS WITH OIL AND GAS INTERESTS AND/OR OPERATIONS.
Program accomplishments
- PROVIDING SUPPORT AND INVOLVEMENT IN DEVELOPMENT OF COPAS MODEL FORM ACCOUNTING PROCEDURES AND CONTINUING TO ADVANCE THE STANDING OF THE PROFESSION OF PETROLEUM ACCOUNTING; PRESERVE AND ENFORCE THE ETHICS OF THE PROFESSION OF PETROLEUM ACCOUNTING;Expenses $7,337 · revenue $7,215
- PROVIDE SOCIAL NETWORKING OPPORTUNITIES FOR PETROLEUM ACCOUNTANTS AND CPAS WHO WORK WITH COMPANIES AFFILIATED WITH THE OIL AND GAS INDUSTRY
- PROVIDE EDUCATIONAL OPPORTUNITIES FOR INDIVIDUALS AND FIRMS DOING ACCOUNTING AND AUDITING WORK FOR COMPANIES AND INDIVIDUALS WITH OIL AND GAS INTERESTS AND/OR OPERATIONS.
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 82-1810601
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 2018
- Accounting year ends
- June
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Community improvement and capacity building (S40)
- Assets (IRS master file)
- $37,635
- Income (IRS master file)
- $7,233
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $7,233 | $7,337 | $37,635 | IRS |
| 990 | June 2024 | $17,104 | $12,471 | $37,739 | IRS |
| 990 | June 2023 | $14,996 | $14,340 | $33,107 | XML |
| 990 | June 2022 | $6,441 | $6,979 | $32,451 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 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 82-1810601).
Questions about PETROLEUM ACCOUNTANTS SOCIETY OF MISSISSIPPI
- What is the EIN of PETROLEUM ACCOUNTANTS SOCIETY OF MISSISSIPPI?
- The employer identification number (EIN) of PETROLEUM ACCOUNTANTS SOCIETY OF MISSISSIPPI is 82-1810601.
- Is PETROLEUM ACCOUNTANTS SOCIETY OF MISSISSIPPI tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 2018.
- Are donations to PETROLEUM ACCOUNTANTS SOCIETY OF MISSISSIPPI tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does PETROLEUM ACCOUNTANTS SOCIETY OF MISSISSIPPI file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of PETROLEUM ACCOUNTANTS SOCIETY OF MISSISSIPPI due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did PETROLEUM ACCOUNTANTS SOCIETY OF MISSISSIPPI last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of PETROLEUM ACCOUNTANTS SOCIETY OF MISSISSIPPI?
- The 990 for the year ended June 30, 2025 names CATHERINE K NAUGHTON PEYT.
- Who are the officers and directors of PETROLEUM ACCOUNTANTS SOCIETY OF MISSISSIPPI?
- The 990 for the year ended June 30, 2025 lists 9 people; 0 received compensation from the organization.
- How much revenue does PETROLEUM ACCOUNTANTS SOCIETY OF MISSISSIPPI have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $7,233, expenses of $7,337 and total assets of $37,635 at year end.
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