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Society Of Petroleum Engineers Inc

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

EIN: 752001539 ✦ Richardson, TX ✦ Designated as a 501(c)(3)

Overview

What is Society Of Petroleum Engineers Inc?

The Society of Petroleum Engineers Inc, based in Richardson, Texas, is a renowned nonprofit organization catering to professionals in the energy resources sector. With approximately 124,800 members across 134 countries, SPE is a global hub for technical knowledge in the oil and gas exploration and production industry. The organization's mission is to disseminate and exchange technical information related to the industry through publications, events, training courses, and online resources, ultimately enhancing professional competence for public benefit. SPE offers various platforms such as research portals (OnePetro and PetroWiki), serial publications, peer-reviewed journals, books, and online content repositories. The organization supports approximately 164 employees in delivering these essential services.


Official website here: www.spe.org

Is Society Of Petroleum Engineers Inc legitimate?

Society Of Petroleum Engineers Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Society Of Petroleum Engineers Inc 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 tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $2,523,986
Professional Fundraising Fees: $0
Other Salaries and Wages: $11,718,016

For more financial information, click here


Official website here: www.spe.org

What is the mission statement of Society Of Petroleum Engineers Inc?

The Society of Petroleum Engineers (SPE) is a not-for-profit professional association dedicated to the oil and gas exploration and production industry. With approximately 124,800 members across 134 countries, SPE serves as a vital resource for technical knowledge in this field. The organization's mission is to collect, disseminate, and exchange technical knowledge concerning the exploration, development, and production of oil and gas resources and related technologies, all for the public benefit. SPE offers various services to help professionals enhance their technical and professional competence through publications, events, training courses, and online resources. Their publications, including magazines, ONEPetro, and technical journals, provide access to a wealth of information and tools to maintain and stimulate effective knowledge capture, dissemination, and archiving.


Official website here: www.spe.org

Who is the CEO of Society Of Petroleum Engineers Inc?

Mark A Rubin is the Ceo And Executive Vp of Society Of Petroleum Engineers Inc. The CEO's salary of Society Of Petroleum Engineers Inc is $574,893 and their total compensation is $668,962.


Official website here: www.spe.org

What is the revenue of Society Of Petroleum Engineers Inc?

Society Of Petroleum Engineers Inc's revenue in 2022 was $33,510,702.


Official website here: www.spe.org

Who are the executives of Society Of Petroleum Engineers Inc and what are their salaries?

The average compensation at Society Of Petroleum Engineers Inc during 2022 was $86,841. There are 164 employees and 4,000 volunteers at Society Of Petroleum Engineers Inc.

Here are 40 key members and their salaries (Society Of Petroleum Engineers Inc's CEO's salary is $574,893 and their total compensation is $668,962):

    Mark A Rubin (Ceo And Executive Vp)
  • Compensation: $574,893
  • Related: $0
  • Other: $94,069

    • Michelle Boyd (Chief Operating Officer)
  • Compensation: $194,010
  • Related: $0
  • Other: $115,881

    • Stephen Graham (Chief Operating Officer, Until 5/21)
  • Compensation: $264,089
  • Related: $0
  • Other: $21,252

    • John Boden (Vp Information & Member Se)
  • Compensation: $216,652
  • Related: $0
  • Other: $53,776

    • Steven Byrne (Chief Financial Officer)
  • Compensation: $224,083
  • Related: $0
  • Other: $45,254

    • Glenda Smith (Vp - Communications)
  • Compensation: $215,679
  • Related: $0
  • Other: $26,977

    • Leigh Ann Runyan (Director - Americas Events)
  • Compensation: $202,654
  • Related: $0
  • Other: $38,462

    • Judy Johnston (General Counsel)
  • Compensation: $198,052
  • Related: $0
  • Other: $29,118

    • Jane Boyce (Md - Member Services)
  • Compensation: $179,505
  • Related: $0
  • Other: $34,620

    • Dana Otillio (Director - Virtual Programs)
  • Compensation: $154,460
  • Related: $0
  • Other: $31,771

    • Michael Schlottman (Sr. Manager - It Operation)
  • Compensation: $136,633
  • Related: $0
  • Other: $45,846

    • Kimberly Richardson (Director - It)
  • Compensation: $142,524
  • Related: $0
  • Other: $26,718

    • Joyce Rodriguez (Director - Technology Development)
  • Compensation: $142,752
  • Related: $0
  • Other: $20,501

    • Shauna Noonan (2020 Spe President, Term To 9/23/21) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tom Blasingame (2021 Spe President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kamel Ben-Naceur (2022 Spe President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Med Kamal (2023 Spe President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Qasem Al-Kayoumi (Rd - Middle East & North Africa) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Faisal Al-Nughaimish (Rd-M.E. & N. Afr., Term To 9/23/21) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Steve Cheung (Rd - North America, Term To 9/23/21) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nasir Darman (Rd - Asia Pacific, Term To 9/23/21) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Zachary Evans (Rd - North America) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Omowumi Iledare (Rd - Africa, Term To 9/23/21) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Neil Kavanaugh (Rd - Asia Pacific) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Silviu Livescu (Td - Data Science & Engineering) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Erdal Ozkan (Td - Reservoir, Term To 9/23/21) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Terry Palisch (Td - Completions, Term To 9/23/21) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bob Pearson (Td - Production And Facilities) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Annamaria Petrone (Td - Hse & Sust., Term To 9/23/21) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Laura Precupanu (Rd - Europe) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gail Ramdath (Rd - Latin America & Caribbean) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Reid (Td - Drilling) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Deb Ryan (Rd - North America) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ignatiy Volnov (Rd - Russia & Caspian) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rodolfo Camacho (Td - Data Science & Engineering) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Karen Olson (Td - Completions) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Hisham Zubari (Rd - Middle East & North Africa) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Simeon Eburi (Rd - North America) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ogee Effiom (Rd - Africa) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Henricus Herwin (Rd - Asia Pacific) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.spe.org

    Where can I find the form 990 for Society Of Petroleum Engineers Inc?

    The Society Of Petroleum Engineers Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.spe.org

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

    Mission Statement of Society Of Petroleum Engineers Inc

    The Society of Petroleum Engineers Inc, a renowned not-for-profit organization, is dedicated to gathering, sharing, and expanding technical knowledge related to the exploration, development, and production of oil and gas resources. With a global reach spanning approximately 124,800 members across 134 countries, this professional association acts as a crucial resource in the oil and gas industry.

    The Society's primary mission is to collect, disseminate, and exchange technical information concerning the oil and gas sector, ensuring this knowledge benefits the public. To further this mission, SPE provides various services, including publications, events, training courses, and online resources, accessible through their website www.spe.org. These offerings serve to maintain and stimulate effective knowledge capture, dissemination, and archiving for the Society's members and the public.

    The Society's extensive range of publications includes magazines, online databases such as OnePetro and PetroWiki, serial publications like the Journal of Petroleum Technology, peer-reviewed journals, SPE Books, and definitions and guidelines. The Society's commitment to knowledge transfer is evident in its efforts to make technical content readily available and accessible to professionals, enabling them to enhance their technical and professional competence.

    Impact

    This information is meant to be a general summary of Society Of Petroleum Engineers Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    The Society of Petroleum Engineers Inc, also known as SPE, plays a crucial role in advancing technical knowledge and expertise within the energy resources development and production sector. With a vast membership base of approximately 124,800 professionals spanning 134 countries worldwide, SPE serves as a key resource for individuals engaged in oil and gas exploration and production.

    Through its various publications, events, training courses, and online resources, SPE facilitates the dissemination and exchange of technical knowledge critical to the oil and gas industry. Publications such as magazines, OnePetro, and technical journals provide members and the public access to valuable insights, research, and best practices in the field.

    By offering platforms like OnePetro and PetroWiki, peer-reviewed journals, SPE books, and other resources, SPE ensures effective knowledge capture, dissemination, and archiving for the benefit of its members and the wider community. In doing so, the organization contributes significantly to the enhancement of technical and professional competence among industry professionals, ultimately driving innovation and progress in the energy sector.





    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: $2,869,442
  • Program Service Revenue: $19,037,792
  • Gross Receipts: $34,677,075

    • Assets and Liabilities:
  • Total Assets: $59,462,727
  • Total Liabilities: $14,575,333
  • Net Assets: $44,887,394
  • Programs

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

    MEETINGS

    Revenue

    $6,772,167

    MEMBER DUES/ASSESSMENTS

    Revenue

    $4,514,804

    US CHAPTER REVENUE

    Revenue

    $2,680,909

    PUBLICATIONS

    Revenue

    $2,460,260

    MANAGEMENT FEES

    Revenue

    $2,426,505

    Organization Details

    Founding Year

    1984

    Principal Officer

    Mark A Rubin

    Main Address

    222 PALISADES CREEK DR, RICHARDSON, TX, 75080

    NTEE Category

    Code: U030 - Science research

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