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Petroleum Club Of Midland

Organization summary

Type of Nonprofit

Designated as a Social and recreational clubs.

Donations to this organization are not tax deductible.

Summary charts: organization finances over time

Revenue
$6.37M (2024)

Expenses
$5.66M (2024)

Total Assets
$10.3M (2024)

Total Liabilities
$573k (2024)

Source: Form 990 tax filings from 2011 to 2024

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Oct.
2024

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$6,372,071
Expenses
$5,662,670
Net Income
$709,401
Net Assets
$9,699,451
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $3,099,175
48.6%
Investment Income $109,241
1.7%
Bond Proceeds $0
Royalties $110,476
1.7%
Rental Property Income $0
Net Fundraising $0
Sales of Assets $4,038
0.1%
Net Inventory Sales $3,049,141
47.9%
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $291,485
5.1%
Professional Fundraising Fees $0
Other Salaries and Wages $2,600,635
45.9%
Assets/Debt
Total Assets $10,272,426
Total Liabilities $572,975
Net Assets $9,699,451
Club or Co-Op Income
Initiation Fees & Contributions $469,785
Income From Public Use of Club Facilities $254,220
Compensation
Key Employees and Officers Compensation Related Other
Armando Martinez (General Manager) $251,015 $0 $34,935
Clyde Jay Shutts (Executive Chef) $128,564 $0 $375
Tommy Taylor (President) $0 $0 $0
Steve Goree (Vice President) $0 $0 $0
Robert Dimit (Secretary/Treasurer) $0 $0 $0
Ron Gasser (Board Member) $0 $0 $0
Kyle Hammond (Board Member) $0 $0 $0
Nick Mcclure (Board Member) $0 $0 $0
Bill Lanier (Board Member) $0 $0 $0
Grant Wright (Board Member) $0 $0 $0
Suzanne Smith (Board Member) $0 $0 $0
Clint Walker (Ex Oficio) $0 $0 $0

Document Links

Fiscal Year Ending Oct.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$6,253,963
Expenses
$5,276,744
Net Income
$977,219
Net Assets
$8,762,845
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $2,813,946
45.0%
Investment Income $49,661
0.8%
Bond Proceeds $0
Royalties $138,662
2.2%
Rental Property Income $0
Net Fundraising $0
Sales of Assets $179,593
2.9%
Net Inventory Sales $2,718,564
43.5%
Other Revenue $353,537
5.7%
Notable Expenses Percent of Total Expenses
Executive Compensation $237,014
4.5%
Professional Fundraising Fees $0
Other Salaries and Wages $2,351,675
44.6%
Assets/Debt
Total Assets $9,237,563
Total Liabilities $474,718
Net Assets $8,762,845
Club or Co-Op Income
Initiation Fees & Contributions $428,239
Income From Public Use of Club Facilities $164,683
Compensation
Key Employees and Officers Compensation Related Other
Armando Martinez (General Manager) $244,021 $0 $11,461
Clyde Jay Shutts (Executive Chef) $128,564 $0 $375
Tommy Taylor (President) $0 $0 $0
Steve Goree (Vice President) $0 $0 $0
Robert Dimit (Secretary Treasurer) $0 $0 $0
Ron Gasser (Director) $0 $0 $0
Kyle Hammond (Director) $0 $0 $0
Nick Mcclure (Director) $0 $0 $0
Bill Lanier (Director) $0 $0 $0
Grant Wright (Director) $0 $0 $0
Suzanne Smith (Director) $0 $0 $0

Document Links

Fiscal Year Ending Oct.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$5,431,861
Expenses
$5,250,608
Net Income
$181,253
Net Assets
$7,935,453
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $2,686,890
49.5%
Investment Income $18,908
0.3%
Bond Proceeds $0
Royalties $20,517
0.4%
Rental Property Income $0
Net Fundraising $0
Sales of Assets $18,798
0.3%
Net Inventory Sales $2,455,702
45.2%
Other Revenue $231,046
4.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $201,716
3.8%
Professional Fundraising Fees $0
Other Salaries and Wages $2,306,209
43.9%
Assets/Debt
Total Assets $8,505,669
Total Liabilities $570,216
Net Assets $7,935,453
Club or Co-Op Income
Initiation Fees & Contributions $538,458
Income From Public Use of Club Facilities $1,386,522
Compensation
Key Employees and Officers Compensation Related Other
Armando Martinez (General Manager) $164,517 $0 $6,093
Clyde Jay Shutts (Executive Chef) $114,872 $0 $175
Tom Brandt (President) $0 $0 $0
Clint Walker (Vice President) $0 $0 $0
Tommy Taylor (Secretary Treasurer) $0 $0 $0
W Kline Boyd Iii (Director) $0 $0 $0
Ron Gasser (Director) $0 $0 $0
Earl Michie (Director) $0 $0 $0
Nick Mcclure (Director) $0 $0 $0
Jay Purvis (Director) $0 $0 $0
Doug Schmidt (Director) $0 $0 $0

Document Links

Fiscal Year Ending Oct.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$4,595,525
Expenses
$5,400,180
Net Income
-$804,655
Net Assets
$7,963,564
Notable Sources of Revenue Percent of Total Revenue
Contributions $166,000
3.6%
Program Services $4,022,787
87.5%
Investment Income $25,986
0.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$68,154
Net Inventory Sales $0
Other Revenue $448,906
9.8%
Notable Expenses Percent of Total Expenses
Executive Compensation $160,565
3.0%
Professional Fundraising Fees $0
Other Salaries and Wages $473,727
8.8%
Assets/Debt
Total Assets $8,360,151
Total Liabilities $396,587
Net Assets $7,963,564
Club or Co-Op Income
Initiation Fees & Contributions $426,471
Income From Public Use of Club Facilities $335,054
Compensation
Key Employees and Officers Compensation Related Other
Armando Martinez (General Manager) $160,656 $0 $2,077
Earl Michie (Director) $0 $0 $0
Doug Schmidt (Director) $0 $0 $0
Chip Smith (Ex Officio) $0 $0 $0
Eric D Boyt (Director) $0 $0 $0
Wayne Newkumet (Director) $0 $0 $0
W Kline Boyd Iii (Director) $0 $0 $0
Jay Purvis (Director) $0 $0 $0
Tom Brandt (Vice President) $0 $0 $0
Pamela Feist (President) $0 $0 $0
Clint Walker (Secretary Treasurer) $0 $0 $0

Document Links

Fiscal Year Ending Oct.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$4,525,020
Expenses
$5,380,128
Net Income
-$855,108
Net Assets
$8,483,881
Notable Sources of Revenue Percent of Total Revenue
Contributions $166,655
3.7%
Program Services $4,041,483
89.3%
Investment Income $32,375
0.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$2,121
Net Inventory Sales $0
Other Revenue $286,628
6.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $325,802
6.1%
Professional Fundraising Fees $0
Other Salaries and Wages $339,101
6.3%
Assets/Debt
Total Assets $8,749,464
Total Liabilities $265,583
Net Assets $8,483,881
Club or Co-Op Income
Initiation Fees & Contributions $263,194
Income From Public Use of Club Facilities $392,774
Compensation
Key Employees and Officers Compensation Related Other
Bradford Miller (General Manager) $328,683 $0 $12,377
Melanie Lancaster (Office Manager) $103,842 $0 $4,168
Dale Redman (Director) $0 $0 $0
Earl Michie (Director) $0 $0 $0
Doug Schmidt (Director) $0 $0 $0
Travis Stice (Director) $0 $0 $0
Frank Mccabe (Ex Officio) $0 $0 $0
Eric D Boyt (Director) $0 $0 $0
Wayne Newkumet (Director) $0 $0 $0
Tom Brandt (Secretary Treasurer) $0 $0 $0
Pamela Feist (Vice President) $0 $0 $0
Chip Smith (President) $0 $0 $0

Document Links

Fiscal Year Ending Oct.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$6,481,399
Expenses
$6,524,786
Net Income
-$43,387
Net Assets
$9,284,698
Notable Sources of Revenue Percent of Total Revenue
Contributions $178,975
2.8%
Program Services $5,752,302
88.8%
Investment Income $29,713
0.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$6,437
Net Inventory Sales $0
Other Revenue $526,846
8.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $504,343
7.7%
Professional Fundraising Fees $0
Other Salaries and Wages $497,132
7.6%
Assets/Debt
Total Assets $9,613,754
Total Liabilities $329,056
Net Assets $9,284,698
Club or Co-Op Income
Initiation Fees & Contributions $495,106
Income From Public Use of Club Facilities $826,579
Compensation
Key Employees and Officers Compensation Related Other
Brad Miller (General Manager) $306,641 $0 $12,125
Miles Boldrick (Ex Officio) $0 $0 $0
Bob Hodge (Director) $0 $0 $0
Mike Party (Director) $0 $0 $0
Chip Smith (Director) $0 $0 $0
Travis Stice (Director) $0 $0 $0
Eric D Boyt (Director) $0 $0 $0
A Wayne Newkumet (Director) $0 $0 $0
Dale Redman (Vice President) $0 $0 $0
Pamela Feist (Secretary Treasurer) $0 $0 $0
Frank Mccabe (President) $0 $0 $0
Armando Martinez (Assistant Treasurer) $0 $0 $0

Document Links

Fiscal Year Ending Oct.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$5,949,709
Expenses
$5,726,464
Net Income
$223,245
Net Assets
$9,250,582
Notable Sources of Revenue Percent of Total Revenue
Contributions $150,450
2.5%
Program Services $5,055,849
85.0%
Investment Income $17,853
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$21,064
Net Inventory Sales $0
Other Revenue $746,621
12.5%
Notable Expenses Percent of Total Expenses
Executive Compensation $290,988
5.1%
Professional Fundraising Fees $0
Other Salaries and Wages $475,630
8.3%
Assets/Debt
Total Assets $9,507,043
Total Liabilities $256,461
Net Assets $9,250,582
Club or Co-Op Income
Initiation Fees & Contributions $717,881
Income From Public Use of Club Facilities $696,664
Compensation
Key Employees and Officers Compensation Related Other
Brad Miller (General Manager) $290,988 $0 $11,600
Wesley Bownds (Ex Officio) $0 $0 $0
Danny Campbell (Director) $0 $0 $0
John Kennedy (Director) $0 $0 $0
Bob Hodge (Director) $0 $0 $0
Mike Party (Director) $0 $0 $0
Chip Smith (Director) $0 $0 $0
Travis Stice (Director) $0 $0 $0
Miles Boldrick (President) $0 $0 $0
Frank Mccabe (Vice President) $0 $0 $0
Dale Redman (Secretary Treasurer) $0 $0 $0

Document Links

Fiscal Year Ending Oct.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$4,445,543
Expenses
$4,655,034
Net Income
-$209,491
Net Assets
$8,656,745
Notable Sources of Revenue Percent of Total Revenue
Contributions $148,566
3.3%
Program Services $3,975,116
89.4%
Investment Income $51,073
1.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$35,489
Net Inventory Sales $0
Other Revenue $306,277
6.9%
Notable Expenses Percent of Total Expenses
Executive Compensation $265,952
5.7%
Professional Fundraising Fees $0
Other Salaries and Wages $433,591
9.3%
Assets/Debt
Total Assets $9,416,921
Total Liabilities $760,176
Net Assets $8,656,745
Club or Co-Op Income
Initiation Fees & Contributions $295,537
Income From Public Use of Club Facilities $594,904
Compensation
Key Employees and Officers Compensation Related Other
Brad Miller (General Manager) $265,952 $0 $10,787
Will Porter (Ex Officio) $0 $0 $0
Will Abney (Director) $0 $0 $0
Danny Campbell (Director) $0 $0 $0
John Kennedy (Director) $0 $0 $0
Mike Oestmann (Director) $0 $0 $0
Bob Hodge (Director) $0 $0 $0
Mike Party (Director) $0 $0 $0
Wesley Bownds (President) $0 $0 $0
Miles Boldrick (Vice President) $0 $0 $0
Frank Mccabe (Secretary Treasurer) $0 $0 $0

Document Links

Fiscal Year Ending Oct.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$4,899,563
Expenses
$4,897,268
Net Income
$2,295
Net Assets
$7,235,948
Notable Sources of Revenue Percent of Total Revenue
Contributions $163,699
3.3%
Program Services $4,470,560
91.2%
Investment Income $78,299
1.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$17,322
Net Inventory Sales $0
Other Revenue $204,327
4.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $334,409
6.8%
Professional Fundraising Fees $0
Other Salaries and Wages $398,375
8.1%
Assets/Debt
Total Assets $7,515,553
Total Liabilities $279,605
Net Assets $7,235,948
Club or Co-Op Income
Initiation Fees & Contributions $190,567
Income From Public Use of Club Facilities $644,035
Compensation
Key Employees and Officers Compensation Related Other
Brad Miller (General Manager) $334,409 $0 $0
Gary Mckinney (Director) $0 $0 $0
Mel Riggs (Director) $0 $0 $0
Will Abney (Director) $0 $0 $0
Danny Campbell (Director) $0 $0 $0
John Kennedy (Director) $0 $0 $0
Mike Oestmann (Director) $0 $0 $0
Will Porter (President) $0 $0 $0
Wesley Bownds (Vice President) $0 $0 $0
Miles Boldrick (Secretary Treasurer) $0 $0 $0

Document Links

Fiscal Year Ending Oct.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$5,336,075
Expenses
$5,250,643
Net Income
$85,432
Net Assets
$7,220,359
Notable Sources of Revenue Percent of Total Revenue
Contributions $152,253
2.9%
Program Services $4,857,494
91.0%
Investment Income $77,602
1.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$14,061
Net Inventory Sales $0
Other Revenue $262,787
4.9%
Notable Expenses Percent of Total Expenses
Executive Compensation $189,152
3.6%
Professional Fundraising Fees $0
Other Salaries and Wages $569,120
10.8%
Assets/Debt
Total Assets $7,537,378
Total Liabilities $317,019
Net Assets $7,220,359
Club or Co-Op Income
Initiation Fees & Contributions $196,787
Income From Public Use of Club Facilities $723,554
Compensation
Key Employees and Officers Compensation Related Other
Brad Miller (General Manager) $189,152 $0 $0
Rudiger Bernard (Asst Gm / Exec Chef) $100,431 $0 $0
Will Abney (Director) $0 $0 $0
Mike Oestmann (Director) $0 $0 $0
Jack Rathbone (Director) $0 $0 $0
Bob Rice (Director) $0 $0 $0
Gary Mckinney (Director) $0 $0 $0
Mel Riggs (Director) $0 $0 $0
Wesley Bounds (Secretary Treas) $0 $0 $0
Herb Ware Iii (President) $0 $0 $0
Will Porter (Vice President) $0 $0 $0

Document Links

Fiscal Year Ending Oct.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$5,621,219
Expenses
$5,098,939
Net Income
$522,280
Net Assets
$7,150,514
Notable Sources of Revenue Percent of Total Revenue
Contributions $148,540
2.6%
Program Services $4,916,299
87.5%
Investment Income $76,225
1.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$8,877
Net Inventory Sales $0
Other Revenue $489,032
8.7%
Notable Expenses Percent of Total Expenses
Executive Compensation $263,088
5.2%
Professional Fundraising Fees $0
Other Salaries and Wages $494,189
9.7%
Assets/Debt
Total Assets $7,459,595
Total Liabilities $309,081
Net Assets $7,150,514
Club or Co-Op Income
Initiation Fees & Contributions $460,832
Income From Public Use of Club Facilities $685,121
Compensation
Key Employees and Officers Compensation Related Other
Brad Miller (General Manager) $263,088 $0 $0
Kevin Blonkvist (Director) $0 $0 $0
George Hover (Director) $0 $0 $0
Jack Rathbone (Director) $0 $0 $0
Bob Rice (Director) $0 $0 $0
Gary Mckinney (Director) $0 $0 $0
Mel Riggs (Director) $0 $0 $0
Jim Alsup (President) $0 $0 $0
Herb Ware Iii (Vice President) $0 $0 $0
Will Porter (Secretary/Treas) $0 $0 $0

Document Links

Fiscal Year Ending Oct.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$5,206,124
Expenses
$4,746,952
Net Income
$459,172
Net Assets
$6,445,492
Notable Sources of Revenue Percent of Total Revenue
Contributions $141,500
2.7%
Program Services $4,711,840
90.5%
Investment Income $69,816
1.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$33,162
Net Inventory Sales $0
Other Revenue $316,130
6.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $342,625
7.2%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $6,766,629
Total Liabilities $321,137
Net Assets $6,445,492
Club or Co-Op Income
Initiation Fees & Contributions $296,250
Income From Public Use of Club Facilities $759,479

Document Links

Fiscal Year Ending Oct.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$4,856,383
Expenses
$4,435,659
Net Income
$420,724
Net Assets
$5,707,694
Notable Sources of Revenue Percent of Total Revenue
Contributions $139,297
2.9%
Program Services $4,383,030
90.3%
Investment Income $50,832
1.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$10,940
Net Inventory Sales $0
Other Revenue $294,164
6.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $244,536
5.5%
Professional Fundraising Fees $0
Other Salaries and Wages $483,006
10.9%
Assets/Debt
Total Assets $6,338,199
Total Liabilities $630,505
Net Assets $5,707,694
Club or Co-Op Income
Initiation Fees & Contributions $270,313
Income From Public Use of Club Facilities $626,361

Document Links

Fiscal Year Ending Oct.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$4,206,226
Expenses
$3,954,381
Net Income
$251,845
Net Assets
$5,167,871
Notable Sources of Revenue Percent of Total Revenue
Contributions $118,576
2.8%
Program Services $3,800,683
90.4%
Investment Income $38,059
0.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$20,787
Net Inventory Sales $0
Other Revenue $269,695
6.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $218,425
5.5%
Professional Fundraising Fees $0
Other Salaries and Wages $306,469
7.8%
Assets/Debt
Total Assets $5,537,617
Total Liabilities $369,746
Net Assets $5,167,871
Club or Co-Op Income
Initiation Fees & Contributions $249,775
Income From Public Use of Club Facilities $529,025

Document Links

Fiscal Year Ending Oct.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Oct.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Oct.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Oct.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Oct.
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Oct.
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Oct.
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

What Is This Data?

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

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Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

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