Offshore Technology Conference

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 751992631 ✦ Richardson, TX ✦ Designated as a 501(c)(6)

Overview

What is Offshore Technology Conference?

The Offshore Technology Conference (OTC) is a nonprofit organization based in Richardson, Texas, with an address at 222 Palisades Creek Dr. OTC's primary mission is to foster the exchange of ideas and opinions among energy professionals, advancing scientific and technical knowledge for offshore resources and environmental matters. By organizing and operating events, OTC provides a platform for industry experts to share their insights and research. In the tax year under consideration, two OTC events took place: one during August 6-9, 2021, and the other during May 2-5, 2022. OTC aims to promote offshore resource development and environmental stewardship through its conferences and related activities.


Official website here: www.otcnet.org

Is Offshore Technology Conference legitimate?

Offshore Technology Conference is a legitimate nonprofit organization registered as a 501(c)(6) entity. Offshore Technology Conference submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are not tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.otcnet.org

What is the mission statement of Offshore Technology Conference?

The Offshore Technology Conference (OTC) is dedicated to fostering the growth of scientific and technical knowledge concerning offshore resources and environmental matters. This organization serves as a platform for energy professionals to exchange ideas and opinions, with the ultimate goal of advancing scientific and technical understanding in these areas. Over the past tax year, OTC held two events, with the first taking place during August 6-9, 2021, and the second during May 2-5, 2022. These events provided valuable opportunities for the global community to come together, share insights, and collaborate on solutions for the challenges faced in the offshore industry.


Official website here: www.otcnet.org

Who is the CEO of Offshore Technology Conference?

Leigh Ann Runyan is the Director of Offshore Technology Conference.


Official website here: www.otcnet.org

What is the revenue of Offshore Technology Conference?

Offshore Technology Conference's revenue in 2022 was $23,847,449.


Official website here: www.otcnet.org

Who are the executives of Offshore Technology Conference and what are their salaries?

Here are 17 key members and their salaries:

    Jerry Carroll (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Doreen Chin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Galen Cobb (Director End: 3/22)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Carlos Mastrangelo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Paul Jones (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Greg Kusinski (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Steve Leverette (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Alex Martinez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brian Miller (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dan Mcconnell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lirio Quintero (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sandeep Khurana (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bob Warren (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rod Larson (Director Start: 5/22)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jamie Allan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Steve Byrne (Cfo)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Leigh Ann Runyan (Executive Director Start:04/21)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.otcnet.org

    Where can I find the form 990 for Offshore Technology Conference?

    The Offshore Technology Conference’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.otcnet.org

    Learn more at the official website: www.otcnet.org

    Mission Statement of Offshore Technology Conference

    The Offshore Technology Conference (OTC), an exclusive organization, is dedicated to fostering the scientific and technical growth in the field of offshore resources and related environmental matters. Through this unique platform, energy professionals come together to exchange knowledge and shape the industry's future.

    OTC serves as a pivotal meeting place where experts share insights, innovations, and perspectives to broaden the horizons of offshore resource exploration and environmental management. The conference comprises two primary events held annually, bringing together a diverse community of professionals to explore the latest advancements and challenges in their respective fields. In 2021, the conference took place during August 6-9, while the 2022 event was held from May 2-5.

    OTC is more than just a gathering; it's an opportunity for industry innovators to present their research and forge new collaborations. The conference environment fosters a vibrant exchange of ideas, creating a dynamic atmosphere where attendees leave with fresh perspectives and renewed enthusiasm for their work. By promoting the advancement of scientific and technical knowledge, OTC plays a vital role in pushing the boundaries of what's possible in the realm of offshore resources and environmental matters.

    Impact

    This information is meant to be a general summary of Offshore Technology Conference. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    The impact of the Offshore Technology Conference (OTC) is significant in the energy industry as it serves as a crucial platform for energy professionals to meet, exchange ideas, and collaborate to advance scientific and technical knowledge related to offshore resources and environmental matters. By bringing together experts, innovators, and industry leaders, OTC plays a pivotal role in driving technological advancements, fostering industry collaboration, and addressing key challenges in offshore operations. Through knowledge sharing and networking opportunities, OTC contributes to the development of cutting-edge solutions, best practices, and sustainable strategies that are vital for the future of offshore energy exploration and production. The conference's impact extends beyond individual companies and projects, benefiting the industry as a whole by promoting innovation, driving economic growth, and enhancing environmental stewardship in offshore operations.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $9,733
  • Program Service Revenue: $23,705,058
  • Gross Receipts: $23,847,449

    • Assets and Liabilities:
  • Total Assets: $12,479,859
  • Total Liabilities: $12,379,859
  • Net Assets: $100,000
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    OTC Houston

    Revenue

    $20,730,395

    OTC Asia

    Revenue

    $2,974,663

    Organization Details

    Founding Year

    1969

    Principal Officer

    Leigh Ann Runyan

    Main Address

    222 Palisades Creek Dr, Richardson, TX, 75080

    NTEE Category

    Code: S41 - Community improvement

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