Nonprofit · EIN 53-0182304
NATIONAL PETROLEUM COUNCIL
Tax-exempt · WASHINGTON, DC 20005
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $5,413,719 | $6,350,281 | -$936,562 | $14,000,432 | $12,120,077 | $1,880,355 |
| December 31, 2023 | 990 | $5,120,801 | $5,965,817 | -$845,016 | $13,062,006 | $11,184,596 | $1,877,410 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $5,315,786
- Program service revenue
- $94
- Investment income
- $97,839
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $1,618,085
- Other salaries and wages
- $1,422,605
- Salaries, compensation and benefits (total)
- $4,706,240
- Professional fundraising fees
- $0
- Legal fees
- $23,709
- Accounting fees
- $67,877
- Occupancy
- $380,666
- Travel
- $11,484
- Depreciation
- $9,954
Balance sheet and other
- Total assets, start of year
- $13,062,006
- Total assets, end of year
- $14,000,432
- Total liabilities, end of year
- $12,120,077
- Net assets, end of year
- $1,880,355
- Land, buildings and equipment
- $29,297
- Net assets without donor restrictions
- $1,880,355
- Gross receipts
- $5,413,719
- Employees
- 11
- Volunteers
- 198
- Year formed
- 1946
- State of legal domicile
- DC
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.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MARSHALL W NICHOLS | EXECUTIVE DIRECTOR/SECRETARY Officer | 40 | $742,176 | $207,583 |
| JOHN H GUY IV | DEPUTY EXECUTIVE DIRECTOR Key employee | 40 | $513,463 | $154,863 |
| JAMES SLUTZ | SENIOR COMMITTEE OPERATION Highest-paid employee | 40 | $320,058 | $88,268 |
| STEPHEN NEWSTEDT | FINANCE MANAGER Highest-paid employee | 40 | $200,171 | $60,437 |
| PAMELA K DUNNING | EXECUTIVE ASSISTANT Highest-paid employee | 40 | $185,780 | $53,792 |
| ARTHUR CADEAUX | SENIOR DESIGNER Highest-paid employee | 40 | $147,524 | $60,356 |
| CARLA BYRD | INFORMATION COORDINATOR Highest-paid employee | 40 | $132,330 | $64,896 |
| ALAN ARMSTRONG | CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| RYAN M LANCE | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| JENNIFER M GRANHOLM | SECY OF ENERGY/CO-CHAIR Trustee or director | 1 | $0 | $0 |
990 for the year ended December 31, 2023: 10 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MARSHALL W NICHOLS | EXECUTIVE DIRECTOR/SECRETARY Officer | 40 | $718,950 | $198,996 |
| JOHN H GUY IV | DEPUTY EXECUTIVE DIRECTOR Key employee | 40 | $508,393 | $150,428 |
| JAMES SLUTZ | SENIOR COMMITTEE OPERATION Highest-paid employee | 40 | $310,758 | $80,039 |
| STEPHEN NEWSTEDT | FINANCE MANAGER Highest-paid employee | 40 | $186,050 | $57,814 |
| PAMELA K DUNNING | EXECUTIVE ASSISTANT Highest-paid employee | 40 | $173,782 | $52,409 |
| ARTHUR CADEAUX | SENIOR DESIGNER Highest-paid employee | 40 | $141,522 | $63,455 |
| CARLA BYRD | INFORMATION COORDINATOR Highest-paid employee | 40 | $128,828 | $60,746 |
| DARREN WOODS | CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| ALAN ARMSTRONG | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| JENNIFER M GRANHOLM | SECY OF ENERGY/CO-CHAIR Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- STE 300, WASHINGTON, DC 20005-0000
- Principal officer (990 for 2024)
- MARSHALL NICHOLS, 1101 VERMONT AVE NW 300, WASHINGTON, DC 20005
- Signed the 990
- MARSHALL NICHOLS, EXECUTIVE DIRECTOR
- Phone
- (202) 393-6100
- Website
- WWW.NPC.ORG
- Return prepared by
- JOHNSON LAMBERT LLP
Mission
THE SOLE PURPOSE OF THE NATIONAL PETROLEUM COUNCIL IS TO ADVISE, INFORM, AND MAKE RECOMMENDATIONS IN WRITING AS REQUESTED BY THE SECRETARY OF ENERGY WITH RESPECT TO ANY MATTER RELATING TO OIL AND GAS OR TO THE OIL AND GAS INDUSTRIES.
Program accomplishments
- IN 2024, THE NATIONAL PETROLEUM COUNCIL'S (NPC) PRIMARY ACTIVITIES WERE ASSOCIATED WITH THE COMPLETION OF TWO NPC STUDIES CONDUCTED IN RESPONSE TO REQUESTS FROM THE SECRETARY OF ENERGY AND THE DEVELOPMENT OF POTENTIAL FUTURE STUDY TOPICS TO DISCUSS IN 2025 WITH THE INCOMING ADMINISTRATION.HYDROGEN ENERGY STUDYBY LETTER DATED NOVEMBER 8, 2021, SECRETARY GRANHOLM FORMALLY REQUESTED THE NPC TO UNDERTAKE "A STUDY ON THE DEPLOYMENT OF LOW AND ZERO CARBON HYDROGEN ENERGY AT SCALE THROUGH THE ENTIRE VALUE CHAIN." DURING 2022, THE NPC ORGANIZED STUDY TEAMS, HELD STUDY GROUP MEETINGS, CONDUCTED STUDY ANALYSES, AND DEVELOPED A REPORT OUTLINE ON THIS TOPIC. MOST OF THE STUDY GROUP MEETING AND ANALYSES ACTIVITIES WERE CONDUCTED DURING 2023, INVOLVING APPROXIMATELY 300 PARTICIPANTS. THE STUDY WAS COMPLETED, AND THE REPORT WAS APPROVED AT THE APRIL 23, 2024, NPC MEETING WITH PRINTING OF THE SUMMARY VOLUME AND POST-APPROVAL REPORT OUTREACH/COMMUNICATION ACTIVITIES BEING CONDUCTED THROUGHOUT THE REMAINDER OF 2024. PRINTING OF THE FULL-VOLUME REPORT WILL FOLLOW IN 2025. GREENHOUSE GAS (GHG) EMISSIONS STUDYBY LETTER DATED APRIL 22, 2022, SECRETARY GRANHOLM FORMALLY REQUESTED THE NPC TO UNDERTAKE "A STUDY THAT DEFINES PATHWAYS AND PRIORITIZES OPTIONS FOR GHG EMISSIONS REDUCTION ACROSS THE U.S. NATURAL GAS VALUE CHAIN." DURING THE REMAINDER OF 2022, THE NPC ORGANIZED STUDY TEAMS, HELD STUDY GROUP MEETINGS, CONDUCTED STUDY ANALYSES, AND DEVELOPED A REPORT OUTLINE ON THIS TOPIC. MOST OF THE STUDY GROUP MEETING AND ANALYSES ACTIVITIES WERE CONDUCTED DURING 2023, INVOLVING OVER 200 PARTICIPANTS. THE STUDY WAS COMPLETED IN THE FIRST QUARTER OF 2024 AND THE FINAL REPORT WAS APPROVED AT THE APRIL 23, 2024, NPC MEETING. PRINTING OF THE SUMMARY VOLUME AND POST-APPROVAL REPORT OUTREACH AND COMMUNICATION ACTIVITIES WERE CONDUCTED THROUGHOUT THE REMAINDER OF 2024. THE FULL REPORT VOLUMES WILL BE PRINTED IN 2025. POTENTIAL FUTURE STUDY TOPICSDURING THE APRIL 2024 NPC MEETING, DOE REQUESTED THE COUNCIL TO DEVELOP A LIST AND SUMMARY SCOPE OF POTENTIAL NEW STUDY TOPICS TO DISCUSS WITH THE NEXT ADMINISTRATION. A REPORT ON POTENTIAL STUDY TOPICS WAS COMPLETED IN LATE 2024.
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 53-0182304
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 1947
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $14,000,432
- Income (IRS master file)
- $5,413,719
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $5,413,719 | $6,350,281 | $14,000,432 | XML |
| 990 | December 2023 | $5,120,801 | $5,965,817 | $13,062,006 | XML |
| 990 | December 2022 | $4,977,923 | $5,353,158 | $13,950,382 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | 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 53-0182304).
Questions about NATIONAL PETROLEUM COUNCIL
- What is the EIN of NATIONAL PETROLEUM COUNCIL?
- The employer identification number (EIN) of NATIONAL PETROLEUM COUNCIL is 53-0182304.
- Is NATIONAL PETROLEUM COUNCIL tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1947.
- Are donations to NATIONAL PETROLEUM COUNCIL tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does NATIONAL PETROLEUM COUNCIL 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 NATIONAL PETROLEUM COUNCIL 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 NATIONAL PETROLEUM COUNCIL 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 NATIONAL PETROLEUM COUNCIL?
- The 990 for the year ended December 31, 2024 names MARSHALL NICHOLS.
- Who are the officers and directors of NATIONAL PETROLEUM COUNCIL?
- The 990 for the year ended December 31, 2024 lists 10 people; 7 received compensation from the organization, the highest $742,176 (MARSHALL W NICHOLS, EXECUTIVE DIRECTOR/SECRETARY).
- How much revenue does NATIONAL PETROLEUM COUNCIL have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $5,413,719, expenses of $6,350,281 and total assets of $14,000,432 at year end.
Other nonprofits in WASHINGTON
- AARP EIN 95-1985500 · last filed 990 for 2024
- RISANT HEALTH INC EIN 92-3467590 · last filed 990 for 2024
- AMERICAN NATIONAL RED CROSS EIN 53-0196605 · last filed 990 for 2025
- GAVI ALLIANCE EIN 98-0593375 · last filed 990 for 2024
- GEORGETOWN UNIVERSITY EIN 53-0196603 · last filed 990 for 2025
- NATIONAL ASSOCIATION OF LETTER CARRIERS EIN 53-0114650 · last filed 990 for 2025
- SMITHSONIAN INSTITUTE EIN 53-0206027 · last filed 990 for 2025
- CHILDRENS HOSPITAL EIN 53-0196580 · last filed 990 for 2025