EIN 75-0110385

International Association of Drilling Contractors

IRS 501(c) type
501(c)(6)
Num. employees
38
State
Year formed
1964
Most recent tax filings
2022-12-01
NTEE code, primary
Description
IADC improves drilling and completion technology, promotes industry standards, and advocates for health, safety, and environmental practices.
Total revenues
$10,781,076
2022
Total expenses
$11,004,282
2022
Total assets
$25,015,870
2022
Num. employees
38
2022

Program areas at International Association of Drilling Contractors

Accreditation program provides training for excellence in operations and provides a benchmark program for establishing and maintaining a quality in excellence for the Drilling and completion operations in the contract Drilling industry.
Conferences program provides a venue for the industry members to share leading edge technology to enhance the safety, efficiency and environmental practices for the industry.

Personnel at International Association of Drilling Contractors

NameTitleCompensation
Leesa TeelVice President - Conferences and Membership / Assistant Director Finance / Conferences and Committees / Vice President$253,721
Martin FlojgaardRegional Director - Australasia
Brooke PolkSenior Director - Conferences
Lars Nydal JorgensenDirector Europe
Jason McFarlandPresident$435,413
...and 22 more key personnel

Financials for International Association of Drilling Contractors

RevenuesFYE 12/2022
Total grants, contributions, etc.$1,957,913
Program services$11,064,087
Investment income and dividends$416,492
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-110,606
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$-2,982,792
Miscellaneous revenues$435,982
Total revenues$10,781,076

Form 990s for International Association of Drilling Contractors

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-02990View PDF
2021-122022-11-15990View PDF
2020-122021-11-15990View PDF
2019-122021-06-25990View PDF
2018-122020-09-17990View PDF
...and 2 more Form 990s
Data update history
January 13, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 13, 2024
Updated personnel
Identified 3 new personnel
December 30, 2023
Used new vendors
Identified 2 new vendors, including , and
August 21, 2023
Updated personnel
Identified 2 new personnel
July 14, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Trade associationsBusiness and community development organizationsHeadquarter / parent organizations
Issues
Science and technologyEducationBusiness and industry
Characteristics
MembershipsOperates internationallyCommunity engagement / volunteering
General information
Address
3657 Briarpark Dr 200
Houston, TX 77042
Metro area
Houston-The Woodlands-Sugar Land, TX
Website URL
iadc.org/ 
Phone
(713) 292-1945
IRS details
EIN
75-0110385
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1964
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
S41: Promotion of Business
NAICS code, primary
813910: Trade Associations
Parent/child status
Central organization
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