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Nonprofit · EIN 82-1810601

PETROLEUM ACCOUNTANTS SOCIETY OF MISSISSIPPI

Tax-exempt · MADISON, MS 39130

Financials

$15K$14K2022$17K$12K2023$7K$7K2024
Revenue Expenses · by fiscal year end
Financials of PETROLEUM ACCOUNTANTS SOCIETY OF MISSISSIPPI by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$7,233$7,337-$104$37,635$0$37,635
June 30, 2024990$17,104$12,471$4,633$37,739$0$37,739
June 30, 2023990$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.

NameTitleHours / weekCompensation
NINA MORGANDIRECTOR
Trustee or director
0.5$0
WILLIAM WITHERS VPRESIDENT
Trustee or director, Officer
1$0
BLAIR BRANCHTREASURER
Trustee or director, Officer
1$0
CATHERINE K NAUGHTON PEYTONDIRECTOR
Trustee or director
1$0
OSCAR HARTMANDIRECTOR
Trustee or director
0.5$0
MORGAN GEOGHAGANDIRECTOR
Trustee or director
0.5$0
KELLY BRIGGSDIRECTOR
Trustee or director
0.5$0
DANIEL WRIGHTDIRECTOR
Trustee or director
0.5$0
KEVIN JACKSONVICE-PRESIDENT
Trustee or director, Officer
0.5$0
990 for the year ended June 30, 2024: 9 people
NameTitleHours / weekCompensation
NINA MORGANDIRECTOR
Trustee or director
0.5$0
WILLIAM WITHERS VPRESIDENT
Trustee or director, Officer
1$0
PAULA WHITESECRETARY
Trustee or director
0.5$0
CATHERINE K NAUGHTON PEYTONDIRECTOR
Trustee or director
1$0
OSCAR HARTMANDIRECTOR
Trustee or director
0.5$0
KEN RUSHINGDIRECTOR
Trustee or director
0.5$0
DANIEL WRIGHTDIRECTOR
Trustee or director
0.5$0
KEVIN JACKSONVICE-PRESIDENT
Trustee or director, Officer
1$0
BLAIR BRANCHTREASURER
Trustee or director, Officer
1$0
990 for the year ended June 30, 2023: 9 people
NameTitleHours / weekCompensation
KEN RUSHINGPRESIDENT
Trustee or director, Officer
1$0
WILLIAM WITHERS VVICE-PRESIDENT
Trustee or director, Officer
1$0
JACKIE WHITEHEADTREASURER
Trustee or director, Officer
0.5$0
CATHERINE K NAUGHTON PEYTONDIRECTOR
Trustee or director
1$0
OSCAR HARTMANDIRECTOR
Trustee or director
0.5$0
MORGAN GEOGHAGANDIRECTOR
Trustee or director
0.5$0
NINA MORGANDIRECTOR
Trustee or director
0.5$0
DANIEL WRIGHTDIRECTOR
Trustee or director
0.5$0
KEVIN JACKSONDIRECTOR
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.

990 for the year ended June 30, 2025

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 yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 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)
Assets (IRS master file)
$37,635
Income (IRS master file)
$7,233

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$7,233$7,337$37,635IRS
990June 2024$17,104$12,471$37,739IRS
990June 2023$14,996$14,340$33,107XML
990June 2022$6,441$6,979$32,451IRS
990June 2021–––IRS
990June 2020–––IRS
990June 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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