EIN 53-0182304

National Petroleum Council (NPC)

IRS 501(c) type
501(c)(6)
Num. employees
13
Year formed
1946
Most recent tax filings
2023-12-01
Description
The National Petroleum Council is an American advisory committee representing oil and natural gas industry views to the United States Secretary of Energy.
Total revenues
$5,120,801
2023
Total expenses
$5,965,817
2023
Total assets
$13,062,006
2023
Num. employees
13
2023

Program areas at NPC

In 2023, the National Petroleum Council's (npc) primary activities were associated with three npc studies being conducted in response to requests from the secretary of energy.short-term energy challenges and a manageable energy transition.on july 29, 2022, u.s. secretary of energy granholm formally requested the npc to provide, on an expedited basis, advice addressing the then current energy markets and helping to ensure a manageable transition to a net-zero future. During the fall of 2022, the npc organized study teams, held study group meetings, conducted study analyses, and developed proposed reports on these topics. In december 2022, the npc completed its study and transmitted to the secretary two resulting reports on (1) short-term actions and (2) transition strategies, entitled:- Petroleum market developments progress and actions to increase supply and improve resilience.- principles, and oil & gas industry initiatives and technologies for progressing to net zero.final editing and publication/posting on npc website was completed in the first quarter of 2023.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. Study completion and report approval was set for the end of the first quarter of 2024. Post-approval report outreach/communication activities were planned for the remainder of 2024. 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. Study completion and report approval set for year-end 2024. Post-approval report outreach/communication activities were planned for the remainder of 2024.

Personnel at NPC

NameTitleCompensation
Marshall W. NicholsExecutive Director$725,024
Stephen NewstedtFinance Manager$159,970
Barbara AllenSenior Editor$123,348
Pamela K DunningExecutive Assistant$150,510
Alan S. ArmstrongChair$0
...and 2 more key personnel

Financials for NPC

RevenuesFYE 12/2023
Total grants, contributions, etc.$5,058,536
Program services$273
Investment income and dividends$61,992
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$5,120,801

Form 990s for NPC

Fiscal year endingDate received by IRSFormPDF link
2023-122024-10-03990View PDF
2022-122023-11-09990View PDF
2021-122022-10-13990View PDF
2020-122021-10-20990View PDF
2019-122021-06-25990View PDF
...and 10 more Form 990s
Data update history
October 1, 2024
Updated personnel
Identified 1 new personnel
January 18, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 11, 2024
Updated personnel
Identified 2 new personnel
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 17, 2023
Posted financials
Added Form 990 for fiscal year 2020
Nonprofit Types
Trade associationsBusiness and community development organizationsEnvironmental organizationsHeadquarter / parent organizations
Issues
EnvironmentCommunity improvementPublic policyBusiness and industry
Characteristics
Community engagement / volunteering
General information
Address
1625 K St NW 600
Washington, DC 20006
Metro area
Washington-Arlington-Alexandria, DC-VA-MD-WV
County
District of Columbia, DC
Website URL
npc.org/ 
Phone
(202) 393-6100
IRS details
EIN
53-0182304
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1946
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
C05: Environment Research Institutes and Public Policy Analysis
NAICS code, primary
813910: Trade Associations
Parent/child status
Central organization
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