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RESERVOIR ENGINEERING RESEARCH INSTITUTE

Mission Statement
RESEARCH IN OIL RECOVERY

Formed 1990. The IRS granted this nonprofit coporation 501(c) status in March of 1991. Its accounting period ends in December.

This nonprofit coporation is categorized as Engineering. (NTEE Code: U420)

Tax Code Designation: 501(c)(3)

Contributions are tax deductible.

Foundation Type: Organization that normally receives no more than one-third of its support from gross investment income and unrelated business income and at the same time more than one-third of its support from contributions, fees, and gross receipts related to exempt purposes

Principal Officer: DR ABBAS FIROOZABALDI

Tax Returns for Reservoir Engineering Research Institute

Form 990 2015 Full Details

Tax Year: 2015 (2015-01-01 - 2015-12-31)

Revenue Breakdown

Contributions: $0

Investment Income: $1

Other Revenue: $0


Total Revenue
$1,160,693

Expenses Breakdown

Grants and Similiar: $0

Member Benefits: $0

Salaries, other compensation, and employee benefits: $617,865

Other Expenses: $425,301


Total Expenses
$1,043,166

Assets

Initial Net Assets or Fund Balances: $-32,770

Deficit (Revenue - Expenses): $117,527

Total Liabilities $687,041


Final Net Assets or Fund Balances:

$88,318

Top Program Service Accomplishments

Form 990 2014 Full Details

Tax Year: 2014 (2014-01-01 - 2014-12-31)

Revenue Breakdown

Contributions: $0

Investment Income: $3,232

Other Revenue: $0


Total Revenue
$1,029,714

Expenses Breakdown

Grants and Similiar: $0

Member Benefits: $0

Salaries, other compensation, and employee benefits: $736,478

Other Expenses: $528,179


Total Expenses
$1,264,657

Assets

Initial Net Assets or Fund Balances: $192,016

Deficit (Revenue - Expenses): $-234,943

Total Liabilities $546,484


Final Net Assets or Fund Balances:

$-32,770

Top Program Service Accomplishments

** This Document Provided By CharityScout **
Source: http://www.charityscout.org/nonprofit/77-0238044/reservoir-engineering-research-institute