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Nonprofit · EIN 87-2104270

PERMIAN BASIN ASSOCIATION OF DIRECTIONAL DRILLING

Tax-exempt · MIDLAND, TX 79705

Financials

$169K$126K2023$200K$162K2024
Revenue Expenses · by fiscal year end
Financials of PERMIAN BASIN ASSOCIATION OF DIRECTIONAL DRILLING by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$199,633$161,912$37,721$231,133$114,279$116,854
December 31, 2023990$169,255$126,466$42,789$85,929$6,796$79,133
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$491
Membership dues
$491
Program service revenue
$14,864
Investment income
$0
Net income from fundraising events
$184,278
Other revenue
$184,278

Expenses

Grants and similar amounts paid
$82,000
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$5,775
Program services (functional)
$105,275
Management and general (functional)
$56,637

Balance sheet and other

Total assets, start of year
$85,929
Total assets, end of year
$231,133
Total liabilities, end of year
$114,279
Net assets, end of year
$116,854
Gross receipts
$506,731
Employees
0
Year formed
2020
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.

NameTitleHours / weekCompensation
Michael ElphickPresident
Trustee or director
0$0
Lindsey KeithSecretary
Trustee or director
0$0
Casey WalkerTreasurer
Trustee or director
0$0
Anthony UchytilDirector
Trustee or director
0$0
Jason EvansDirector
Trustee or director
0$0
Mike StarkeyDirector
Trustee or director
0$0
Thomas CogginsDirector
Trustee or director
0$0
Hayley CasperDirector
Trustee or director
0$0
Russell JohnsonVice President
Trustee or director
0$0
990 for the year ended December 31, 2023: 9 people
NameTitleHours / weekCompensation
Michael ElphickPresident
Trustee or director
0$0
Lindsey KeithSecretary
Trustee or director
0$0
Casey WalkerTreasurer
Trustee or director
0$0
Anthony UchytilDirector
Trustee or director
0$0
Jason EvansDirector
Trustee or director
0$0
Mike StarkeyDirector
Trustee or director
0$0
Thomas CogginsDirector
Trustee or director
0$0
Hayley CasperDirector
Trustee or director
0$0
Russell JohnsonVice President
Trustee or director
0$0

Address and contacts

Address (IRS master file)
3001 W LOOP 250 N C-105/387, MIDLAND, TX 79705-0000
Principal officer (990 for 2024)
Mike Elphick
Signed the 990
Mike Elphick, President
Phone
(432) 770-0990
Return prepared by
Lawrence Prucka CPA PC

Mission

The Permian Basin Association of Directional Drilling (PBADD) is a nonprofit organization created by oil and gas industry professionals for oil and gas industry professionals. The PBADD is dedicated to providing an avenue or forum for the exchange of industry specific knowledge and ideas that aid in the advancement of the directional drilling industry. Bringing oil and gas operators and service providers together in a collaborative and professional manner to enhance all aspects of the drilling services industry in the Permian Basin

990 for the year ended December 31, 2024

Program accomplishments

  • Educational Forums and Conference Relating to Directional Drilling.
    Expenses $23,276 · revenue $14,864

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

IRS record

EIN
87-2104270
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
2022
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$231,133
Income (IRS master file)
$506,731

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$199,633$161,912$231,133XML
990December 2023$169,255$126,466$85,929XML
990-EZDecember 2021–––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 87-2104270).

Questions about PERMIAN BASIN ASSOCIATION OF DIRECTIONAL DRILLING

What is the EIN of PERMIAN BASIN ASSOCIATION OF DIRECTIONAL DRILLING?
The employer identification number (EIN) of PERMIAN BASIN ASSOCIATION OF DIRECTIONAL DRILLING is 87-2104270.
Is PERMIAN BASIN ASSOCIATION OF DIRECTIONAL DRILLING tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 2022.
Are donations to PERMIAN BASIN ASSOCIATION OF DIRECTIONAL DRILLING tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does PERMIAN BASIN ASSOCIATION OF DIRECTIONAL DRILLING 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 ASSOCIATION OF DIRECTIONAL DRILLING 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 ASSOCIATION OF DIRECTIONAL DRILLING 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 ASSOCIATION OF DIRECTIONAL DRILLING?
The 990 for the year ended December 31, 2024 names Mike Elphick.
Who are the officers and directors of PERMIAN BASIN ASSOCIATION OF DIRECTIONAL DRILLING?
The 990 for the year ended December 31, 2024 lists 9 people; 0 received compensation from the organization.
How much revenue does PERMIAN BASIN ASSOCIATION OF DIRECTIONAL DRILLING have?
On its 990 for the year ended December 31, 2024 it reported revenue of $199,633, expenses of $161,912 and total assets of $231,133 at year end.

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