2019-04-04T16:20:38-05:00 2018-12-31 410746749 CLIFTONLARSONALLEN LLP 801 CHERRY STREET SUITE 1400 FORT WORTH TX 76102 990 2018-01-01 740484340 PETROLEUM EQUIPMENT & SERVICES ASSOCIATION PETR 7139320168 2500 CITYWEST BLVD NO 1110 HOUSTON TX 77042 LESLIE BEYER PRESIDENT 7139320168 2019-04-01 1 MICHAELA J CROMAR CPA P00895728 8178775000 2019-04-01 67.137.57.251 2019-04-01 15:24:24 CD P 14B4624D99AA7844762AEF943CCCB1636A2EBA62 3D9154BA3048C734CF542378A967588326016629 2018 2019-02-21 02:37:17Z LESLIE BEYER 2500 CITYWEST BLVD NO 1110 HOUSTON TX 77042 5994045 0 X PESA.ORG X 1933 TX THE DISSEMINATION OF TRADE, CREDIT, AND OTHER PETROLEUM INDUSTRY INFORMATION TO ITS MEMBERS. 11 11 18 0 0 6729 0 0 2329950 2841173 56201 431680 90348 107937 2476499 3380790 203000 220229 0 0 1224718 1531783 0 0 0 1344297 1724604 2772015 3476616 -295516 -95826 4594428 4189345 888379 1133934 3706049 3055411 THE ORGANIZATION IS A NONPROFIT TRADE ASSOCIATION CREATED FOR THE BENEFIT OF ITS MEMBERS. ITS PRINCIPAL ACTIVITIES INCLUDE THE DISSEMINATION OF TRADE, CREDIT, AND OTHER PETROLEUM INDUSTRY INFORMATION TO ITS MEMBERS. 0 0 CREDIT INTERCHANGE DIVISION - THIS PROGRAM PROVIDES FOR THE INTERCHANGE OF CREDIT AND COLLECTION EXPERIENCE BETWEEN SUBSCRIBER MEMBERS IN A FORMAT THAT ADDRESSES THE SPECIFIC NEEDS OF MEMBERS OF THE PETROLEUM INDUSTRY AND IS RESTRICTED FOR CONFIDENTIAL USE TO THE CREDIT DEPARTMENTS OF SUBSCRIBER MEMBERS ONLY. ANNUAL AND OTHER MEETINGS - THESE PROGRAMS ALLOW MEMBERS TO DISCUSS WITH ONE ANOTHER THE STATE OF THE PETROLEUM INDUSTRY AND ISSUES FACING IT. EMERGING LEADERS - THIS PROGRAM TRAINS AND DEVELOPS MIDDLE MANAGERS SO THAT THEY CAN MOVE INTO THE SENIOR EXECUTIVE POSITIONS. 0 0 0 1 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 18 1 1 1 0 0 0 0 0 0 0 X 11 11 0 0 0 0 1 1 1 1 0 0 0 0 0 0 1 1 1 0 X MARINA OUANO 7139320168 2500 CITYWEST BLVD SUITE 1110 HOUSTON TX 77042 DAN DOMERACKI CHAIRMAN 1.00 X X 0 0 0 RICHARD ALABASTER VICE CHAIRMAN 1.00 X X 0 0 0 BURK L ELLISON PAST CHAIRMAN 1.00 X X 0 0 0 PAUL COPPINGER FINANCE COMMITTEE CHAIR 1.00 X X 0 0 0 DAVE WARREN EMERGING EXECUTIVES CHAIR 0.50 X 0 0 0 GALEN COBB ENERGY EDUCATORS CHAIR 0.50 X 0 0 0 CHUCK CHAUVIERE EXPLORERS OF HOUSTON COMM 0.50 X 0 0 0 KEVIN CROWLEY GOVERNMENT AFFAIRS CHAIRMAN 0.50 X 0 0 0 RODERICK A LARSON DIRECTOR AT LARGE 0.50 X 0 0 0 KIRK SHELTON DIRECTOR AT LARGE 0.50 X 0 0 0 DONALD W YOUNG GULF COAST DISTRICT CHAIR 0.50 X 0 0 0 CHRIS CRAGG EMERGING LEADERS LIAISON (OUTGOING) 0.50 X 0 0 0 MARK WOLF LEGAL CO-COMMITTEE CHAIR (OUTGOING) 0.50 X 0 0 0 BOB MORAN POLICY COMMITTEE CHAIR (OUTGOING) 0.50 X 0 0 0 CHARLES DAVISON MID-CONTINENT DISTRICT CHA (OUTGOING) 0.50 X 0 0 0 LESLIE A BEYER PRESIDENT 40.00 X 397229 0 67918 JUANITA YBARRA RAINS FINANCE ADMINISTRATOR (OUTGOING) 40.00 X 147786 0 33248 MARINA OUANO FINANCE DIRECTOR 40.00 X 1667 0 0 MOLLY DETERMAN VP - STRATEGY & PROGRAMS 40.00 X 139481 0 17094 TIMOTHY TARPLEY VICE PRESIDENT GOVERNMENT AFFAIRS 40.00 X 110437 0 6297 796600 0 124557 4 0 1 0 WASHINGTON SPEAKERS BUREAU 1663 PRINCE STREET ALEXANDRIA VA 22314 EVENT SPEAKER FEES 196922 TEXTRON CONSTRUCTION CO 7838 TAVERN HOUSTON TX 77040 OFFICE RENOVATION 139810 ABC AMEGA INC 500 SENECA STREET STE 400 BUFFALO NY 14204 CREDIT REPORTING MEMBERSHIP 101750 3 MEMBERSHIP DUES 900099 1195275 1195275 MEETING INCOME 900099 664205 664205 CID PROGRAM 900099 432248 432248 INTERNATIONAL PROGRAM 900099 225585 225585 EMERGING LEADERS 900099 202458 202458 121402 121402 2841173 78717 78717 2882378 2520455 8960 361923 -8960 352963 -8960 361923 191726 83840 107886 107886 MISCELLANEOUS 900099 51 51 51 3380790 2832213 0 548577 195229 25000 614514 715827 27256 95340 78846 1788 14500 25175 98862 68340 117175 8920 212079 25529 4768 2337 62812 10299 ANNUAL MEETING 504571 OTHER MEETING EXPENSES 318121 CID PROGRAM 110747 EMERGING LEADERS 97548 41033 3476616 1025945 628083 543325 38787 19480 16064 159 153308 225524 460654 158164 204592 302490 2647778 2978238 4594428 4189345 219136 121168 2500 0 633600 993445 33143 19321 888379 1133934 X 3706049 3055411 3706049 3055411 4594428 4189345 -95826 -554812 0 X X 0 1 X 1 0 0 1 0 158485 17884 140601 41515 18044 23471 260654 122236 138418 302490 CAPITAL LEASE OBLIGATION 19321 19321 X 2800803 -554812 -554812 3355615 25175 25175 3380790 3451441 0 3451441 25175 25175 3476616 PART X, LINE 2: THE ASSOCIATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER 501(C)(6) OF THE INTERNAL REVENUE CODE. THE ASSOCIATION FILES ANNUAL FEDERAL INFORMATION RETURNS THAT ARE SUBJECT TO ROUTINE EXAMINATION; HOWEVER, THERE ARE NO EXAMINATIONS FOR ANY TAX PERIODS CURRENTLY IN PROGRESS. EXPLORERS GOLF TOURNAMENT 131500 0 131500 1700 888 45981 0 0 6525 CHAIRMAN EMERITUS 46460 46460 16966 1 13766 13766 11780 191726 191726 1700 888 45981 35271 83840 107886 1 IPAA EDUCATIONAL FOUNDATION 1201 15TH STREET NW STE 300 WASHINGTON DC 20005 521849282 501(C)(3) 150000 IPAA/PESA PETROLEUM ACADEMICS RICE UNIVERISTY 6100 MAIN ST MS-70 HOUSTON TX 77005 741109620 501(C)(3) 40000 PESA RICE FELLOWSHIP PROGRAM 2 TEACHER OF THE YEAR AWARD 1 8000 SCHOLARSHIP 2 17000 PART I, LINE 2: THE ORGANIZATION INVESTIGATES THE PROPOSED RECIPIENTS IN ORDER TO DETERMINE WHETHER A GRANT OF FUNDS WILL BE PROPERLY UTILIZED FOR EDUCATIONAL PURPOSES FOR PART II GRANTS. THE ORGANIZATION INVESTIGATES THE PROPOSED RECIPIENTS TO ENSURE THEY MEET THE EDUCATIONAL CRITERIA ESTABLISHED FOR THE AWARD FOR PART III GRANTS. X X X X 0 0 0 LESLIE A BEYER PRESIDENT 307229 0 90000 0 0 0 52583 0 15335 0 465147 0 0 0 JUANITA YBARRA RAINS FINANCE ADMINISTRATOR (OUTGOING) 134016 0 13770 0 0 0 11067 0 22181 0 181034 0 0 0 MOLLY DETERMAN VP - STRATEGY & PROGRAMS 126356 0 13125 0 0 0 9939 0 7155 0 156575 0 0 0 TIMOTHY TARPLEY VICE PRESIDENT GOVERNMENT AFFAIRS TRAVEL REIMBURSEMENT X 159 159 0 0 0 159 FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION'S MEMBERS ARE REPRESENTATIVES FROM THEIR RESPECTIVE INDUSTRIES. FORM 990, PART VI, SECTION A, LINE 7A MEMBERS MAY ELECT MEMBERS OF THE GOVERNING BODY. FORM 990, PART VI, SECTION A, LINE 7B DECISIONS OF THE GOVERNING BODY ARE SUBJECT TO APPROVAL BY MEMBERS OF THE ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 8B THERE ARE NO STANDING COMMITTEES AUTHORIZED TO ACT ON BEHALF OF THE BOARD OF DIRECTORS IN THE BYLAWS. FORM 990, PART VI, SECTION B, LINE 11B THE RETURN IS REVIEWED BY THE TREASURER BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 15 RECOMMENDATIONS FOR OFFICER'S COMPENSATION IS MADE BY A SUB-COMMITTEE CONSISTING OF BOARD MEMBERS. THE PRESIDENT PRESENTS THE BOARD WITH A BUDGETED SALARY POOL (BASED ON SEVERAL WAGE INDEXES AND SUGGESTED MERIT INCREASES) FOR APPROVAL. THE SALARY POOL IS THEN DISPENSED AT THE PRESIDENT'S DISCRETION. APPROVAL OF THE NEW SALARIES IS GIVEN TO THE HR DIRECTOR FOR IMPLEMENTATION. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIALS STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C THERE HAS BEEN NO CHANGE IN EITHER THE OVERSIGHT PROCESS OR THE SELECTION PROCESS DURING THE TAX YEAR.