., Form 990 0MB No 1545-0047 Return of Organization Exempt From Income Tax • Department oftheTreasury Internal Revenue Service 2005 Undersection501(c), 527, or4947(a)(1)ofthe InternalRevenue Code(exceptblacklung benefittrustorprivatefoundation) Theorganizationmayhaveto usea copyof this returnto satisfystatereportingrequirements open to Public mspection andendmg A Forthe 2005 calendaryear, or tax year beginning D Employer 1dentlfIcation number C Nameof organization B Check 11 applicable Please useIRSNATIONAL PETROCHEMICAL& REFINERS labelor Address change pnntor~SSOCIATION type Name Numberandstreet(or PO box rl mailIs not deliveredto streetaddress) change See Dlrntlal Specific 1899 L STREET, N.W. return lnstrucDFinal Cityor town,stateor country,andZIP+ 4 t1ons return Amended WASHINGTON, DC 20036 return 0Appllcat,on • Section501(c)(3)organizations and4947(a)(1)nonexempt charitable trusts pending mustattacha completed Schedule A (Form990 or990-EZ). • • 53-0115970 IRoom/swte ETelephonenumber 1000 202-457-0480 F fa:ountmg irethodD D (soec,fv) Other • • Cash[X] Accrual Hand I are not applicable to section 527 organizations. H(a) Is this a group returnfor aff1llates? Dves 00No N/A H(b) If "Yes,'enternumberof aff1l1ates QI a: 9 10 i'.l!JI ~ (i:> ~ ~ 11 ~1 12 ~ 13 Z:::0 ~ 14 C QI 15 16 IJJ 17 '57 18 ~ en 19 QI en en 20 ct 21 Rn 0 ... ~~~-k • ORG 6 l • • • • • Expenses, and Changes in Net Assets or Fund Balances ContnbutIons, grits,grants,andsImIlaramountsreceived 1a a Directpublicsupport 1b b Indirectpublicsupport contnbutIons(grants) 1c C Government noncash$ ) d Total(addImes1athrough1c) (cash$ Programservicerevenuemcludmggovernmentfeesandcontracts(from PartVII,lme93) Membershipduesandassessments Intereston savingsandtemporarycashinvestments DIvIdends andinterestfrom securities 6.a a Grossrents b Less rentalexpenses 6b C Netrentalmcomeor (loss)(subtractlme6b from lme6a) ) Otherinvestmentincome(describe (Al Securities (Bl Other a Grossamountfrom salesof assetsother 1,182,695. than inventory Ba 1,015,204. b Less cost or otherbasisandsalesexpenses 8b 167,491. C Gamor (loss)(attachschedule) Be STMT 1 d Netgamor (loss)(combinelmeBe,columns(A) and (B)) SpecialeventsandactIv1tIes (attachschedule)If anyamountIs from gaming,checkhere D a Grossrevenue(not mcludmg$ of contnbutIons reportedon lme1a) 9a b Less directexpensesotherthanfundraIsmgexpenses 9b C Netmcomeor (loss)from specialevents(subtractlme9b from lme9a) a Grosssalesof inventory,lessreturnsandallowances 1oa b Less cost of goodssold 10b C Grossprofit or (loss)from salesof inventory(attachschedule)(subtractlme10bfrom lme10a) Otherrevenue(from PartVII,lme103) Totalrevenue(addImes1d 2, 3 4, 5 6c, 7, 8 9c 10ReOEllVIEID Programservices(from lme44, column(B)) I~ Management andgeneral(from lme44, columr ~) 0 Q} Fundra1smg (from lme44, column(D)) Paymentsto affIlIates(attachschedule) Total exoenses /addImes16 and44, column1 ,)) UT Excessor (deficit)for the year(subtractlme17 ram nne , '-I Netassetsor fund balancesat begmnmgof year(from lme73, column(A)) Otherchangesm netassetsor fund balances(attachexplanation) SEE STATEMENT 2 Netassetsor fund balancesat endof year(combineImes18, 19,and 20) I I • • NOV0 6 2006 OGDEN I I I I ch a:: = LHA ForPrivacyActandPaperwork Reduction ActNotice,seetheseparateinstructions 1d 2 3 4 5 0. 5,436,055. 3,641,781. 417,152. 6c 7 8d 167,491. 9c 10c 11 12 13 14 15 16 17 18 19 20 21 14,603. 9,677,082. 9,259,244. 417,838. 8,193,798. -209,038. 8,402,598. Form990 (2005) NATIONAL PETROCHEMICAL ASSOCIATION Form 990 (2005) IPart II IStatement of Do not include amounts reported on /me 6b, Bb, 9b, 1Ob, or 16 of Part I. 22 Grants and allocations (attach schedule) 0 • noncash $ If this amount includes foreign grants, check here REFINERS 53-0115970 Page2 All organizationsmust completecolumn (A) Columns(B), (C), and (D) are requiredfor sectmn501(c)(3) and (4) organizationsand sectmn4947(a)(1)nonexemptchantabletrusts but optionalfor others Functional Expenses (cash $ & (A) Total (B) Program services (C) Management and general (D) FundraIsmg o. •D 22 23 Specific assistance to indIvIduals (attach 23 schedule) 24 Benefits paid to or for members (attach schedule) 25 Compensation of officers, directors, etc. 26 Other salaries and wages 27 Pension plan contributions 28 Other employee benefits 29 Payroll taxes 30 Professional fundraIsing fees 31 Accounting fees 32 Legal fees 33 Supplies 34 Telephone 35 Postage and shipping 36 Occupancy 37 Equipment rental and maintenance 38 Printing and publications 39 Travel 40 Conferences, conventions, and meetings 41 Interest 42 Deprec1at1on,depletion, etc. (attachschedule) 43 Other expenses not covered above (Itemize): a b C d e f g SEE STATEMENT 3 44 Total functional expenses. Add lines 22 through 43. (Organizations completing columns (B)·(D), carry these totals to lines 13-15) • D 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 451,048. 2,172,291. 542,942. 324,440. 162,992. 22,756. 26,656. 31,206. 5,261. 383,840. 40,645. 47,044. 83,998. 2,440,569. 101,196. 43a 43b 43c 43d 43e 43f 43a 2,422,360. 44 9,259,244. rf you are following SOP 98·2. Are any Iomt costs from a combinededucationalcampaignand fundraIsmgsolIcrtatIonreportedm (B) Programservices? Yes If "Yes,'enter(i) the aggregateamount of these1omtcosts$ N/ A , (ii) the amountallocatedto Programservices$---~---N / A (iii) the amount allocatedto Managementand general$ N/ A and (iv)the amountallocatedto FundraIsmg$ N/ A I Joint Costs. Check •D 00 No Form990 (2005) 523011 02-03-06 - Form 990 (2005 NATIONAL PETROCHEMICAL ASSOCIATION Part fll Statement of Program Service Accomplishments & -- ------------ REFINERS 53-0115970 Page3 (See the mstruct,ons.) Form 990 Is available for public inspection and, for some people, serves as the primary or sole source of information about a particular organization. How the public perceives an organization In such cases may be determined by the InformatIon presented on Its return. Therefore, please make sure the return Is complete and accurate and fully descnbes, In Part Ill, the organization's programs and accomplishments. What Is the organIzatIon's pnmary exempt purpose? SEE STMT 3A • Program Service Expenses All organizations must describe their exempt purpose achievements In a clear and concise manner. State the number of clients served, publications issued, etc. Discuss achievements that are not measurable. (Section 501 (c)(3) and (4) organizations and 4947(a)(1) nonexempt chantable trusts must also enter the amount of grants and allocations to others.) (Requiredfor 501(cl(3) and (4) orgs, and 4947(a)(1)trusts, but optionalfor others ) a SEE STMT 3A (Grants and allocations $ ) If this amount includes foreIon arants, check here • D (Grants and allocations $ ) If this amount includes foreIan orants, check here • D (Grants and allocations $ ) If this amount includes foreIon arants, check here • D ) If this amount includes foreIan arants, check here b C d e (Grants and allocations $ Other program services (attach schedule) f ) If this amount includes foreIan arants, check here (Grants and allocations $ Total of Program Service Expenses (should equal line 44, column (B), Program services) 523021 02-03-06 • D • D • Form 990 (2005) ---- Form 990 (2005) NATIONAL PETROCHEMICAL ASSOCIATION I Part IV I Balance Sheets & 53-0115970 Cash - non-mterest·beanng b Less: allowance for doubtful accounts b Less: allowance for doubtful accounts (A) (B) End of year 300. 662,010. 45 46 32,794. 47c 300. 1,755,059. 68,674. 48c 49 Grants receivable Receivables from officers, directors, trustees, and key employees ,n 51b b Less: allowance for doubtful accounts 52 53 54 5D I 51a I 51 a Other notes and loans receivable ,n Page4 Begmnmgof year 48a 48b 48 a Pledges receivable ai ,n 71,747. 3,073. 47a 47b 47 a Accounts receivable < --------- (See the mstruct,ons.) Savings and temporary cash investments 49 5D -- REFINERS Note: Where requtred, attached schedules and amounts wtthm the descnptton column should be for end-of-year amounts only. 45 46 - 51c 52 Inventories for sale or use Prepaid expenses and deferred charges • Investments - securities 217,485. D Cost 0FMV 53 54 241,832. 55 a Investments - land, bu1ldmgs, and b 56 57 a b ,n GI ~ 1i Ill :i equipment: basis 55a Less: accumulated deprec1at1on 55b 58 SEE STATEMENT 4 I 57a I 1 , 12 1 , 0 5 9 • Land, bu1ldmgs, and equipment: basis 736,719. Less: accumulated deprec1at1onS TMT 5 57b SEE STATEMENT 6 ) Otherassets (describe 59 Total assets (must eaual line 74). Add lines 45 throunh 58 6D 61 62 Accounts payable and accrued expenses Investments - other • Other llab1lit1es (descnbe • SEE STATEMENT 7 Total liabilities. Add lines 60 throuah 651 66 Organizations that follow SFAS 117, check here u 67 Unrestncted Ill 68 Temporanly restncted iii co 69 -i, C ::, .. 0 ,n GI ,n ,n GI Permanently restncted Organizations that do not follow SFAS 117, check here ~ .. <.. z 10.599,644. 841,787. 59 6D 61 11,589,724. 1,101,304. 1,421,745. 62 63 64a 64b 1,813,150. 142,314. 58 65 391,140. 288,672. 272,672. 2.405,846. 66 3,187,126. 7,430,677. 763,121. 67 7,788,719. 613,879. and complete lines 67 through 69 and lines 73 and 74. ,n C • [][] ) 8,844,047. 57c Grants payable Deferred revenue 55c 56 367,377. 65,153. Loans from officers, directors, trustees, and key employees 63 64 a Tax-exempt bond liab1lrt1es b Mortgages and other notes payable 65 GI 9,254,525. • 68 69 Dand complete Imes 70 through 74 . 7D 71 72 73 Totalnet assetsor fundbalances(add Imes67 through 69 or Imes70 through 72, 74 Total liabilities and net assets/fund balances. Add Imes66 and 73 7D 71 72 Capital stock, trust pnnc1pal, or current funds Pa1d-1nor capital surplus, or land, building, and equipment fund Retained earnings, endowment, accumulated income, or other funds column (A) must equal lme 19, column (B) must equal lme 21) 8.193.798. 10.599,644. 73 74 8,402,598. 11,589,724. Form 990 (2005) 523031 02-03-06 NATIONAL PETROCHEMICAL & REFINERS ASSOCIATION Form 990 (2005 53-0115 9 7 0 Part W-A Reconciliation of Revenue per Audited Financial Statements With Revenue per Return Page 5 (See the mstruct1ons.) a b 1 2 Total revenue, gains, and other support per audited f1nanc1alstatements a 9,778,123. b 101,041. 9,677,082. Amounts included on hne a but not on Part I, hne 12: Net unrealized gains on investments 101,041. b1 b2 b3 b4 Donated services and use of fac1l1t1es 3 Recovenes of prior year grants 4 Other (specify): Add lines b1 through b4 C Subtract hne b from hne a d Amounts included on Part I, hne 12, but not on hne a: C Id1 I 1 Investment expenses not included on Part I, hne 6b 2 Other (specify): Add lines d1 and d2 e Total revenue (Part I hne 12). Add lines c and d d2 • 0. d e 9,677,082. I Part ty ..Bj Reconciliation of Expenses per Audited Financial Statements With Expenses per Return a b Total expenses and losses per audited f1nanc1alstatements a 1 Donated services and use of fac1llt1es b1 b2 2 Prior year adJustments reported on Part I, hne 20 3 Losses reported on Part I, hne 20 4 Other (specify): Add lines b1 through b4 C 9,259,244. Amounts included on hne a but not on Part I, line 17 b3 b4 o. b Subtract line b from hne a C Amounts included on Part I, hne 17, but not on hne a: 1 Investment expenses not included on Part I, line 6b 9,259,244. d Id1 I 2 Other (specify): Add lines d1 and d2 e Total expenses (Part I line 17). Add lines c and d ! Part V-A I d2 0. d • 9,259,244. e Current Officers, Directors, Trustees, and Key Employees (List each person who was an officer, director, trustee, or key employee at any time during the year even If they were not compensated.) (See the instructions) (B)Trtleandaveragehours (C) Compensation(D)contnbunons to (E)Expense 1 1 accountand per weekdevotedto (If not paid, enter ~'ffn POSltlOn ·0·.) compensation plans otherallowances ~~~!'i;~ (A) Nameandaddress SEE STATEMENT 8 -- 427,545. 23,503. 0. Form990 (2005) 523041 02-03-06 Form 990 (2005) IPartV NATIONAL PETROCHEMICAL ASSOCIATION & REFINERS 53-0115970 ..AJ Current Officers, Directors, Trustees, and Key Employees Page6 Yes No (continued) 75 a Enter the total number of officers, directors, and trustees permitted to vote on organIzatIon business at board • meetings 12 b Are any officers, directors, trustees, or key employees listed In Form 990, Part V·A, or highest compensated employees C listed In Schedule A, Part I, or highest compensated professional and other independent contractors listed In Schedule A, Part ll·A or 11·8,related to each other through family or business relatIonshIps? If 'Yes,• attach a statement that IdentlfIes the 1ndiv1dualsand explains the relatIonshIp(s) 75b X Do any officers, directors, trustees, or key employees listed in Form 990, Part V·A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed In Schedule A, Part ll·A or 11·8,receive compensation from any other organizations, whether tax exempt or taxable, that are related to this organIzatIon through common supervIsIon or common control? 75c X 75d X Note. Related organizations include section 509(a)(3) supporting organizations. If "Yes,' attach a statementthat IdentlfIesthe individuals, explainsthe relatIonshIpbetweenthis organizationand the other orgamzatIon(s),and describesthe compensationarrangements,including amounts paid to each indlVldualby each relatedorganization d Does the organIzatIon have a written conflict of interest policy? I Part V-B l Form~r Officers, Directors, Trustees, and Key Employees That Received Compensation or Other Benefits (If any former officer, director, trustee, or key employee received compensation or other benefits (described below) during the year, list that person below and enter the amount of compensation or other benefits In the appropriate column. Seethe instructions) (D) Contnbut,ons lo (E) Expense benefit (A)Nameand address (B) Loans and Advances (C)Compensat10n employee account and plans & deferred NONE comoensat1on olans other allowances --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------I Part VI I Other Information Yes No (See the mstruct,ons.) 76 Did the organization engage in any activity not previously reported to the IRS? If 'Yes,' attach a detailed descnptIon of each activity 76 77 Were any changes made in the organizing or governing documents but not reported to the IRS? 77 X X If 'Yes,' attach a conformed copy of the changes. 78 a b 79 80 a Did the organization have unrelated business gross income of $1,000 or more dunng the year covered by this return? N/A If 'Yes,' has rt filed a tax return on Form 990-T for this year? Was there a liqu1dat1on, dIssolutIon, termInatIon, or substantial contraction dunng the year? If 'Yes," attach a statement X 78a 78b 79 X Is the organization related (other than by assocIatIon wrth a statewide or natIonwIde organIzatIon) through common 80a membership, governing bodies, trustees, officers, etc., to any other exempt or nonexempt organization? b If 'Yes,' enter the name of the organization • NPRA POLITICAL and check whether rt Is 81 a Enter direct or indirect polrtIcal expenditures. (See line 81 instructions.) b Did the oraanizatIon file Form 1120-POL for this vear? 523161/02-03-06 X ACTION COMMITTEE D exempt or I 81a I IXI nonexempt 0. 81b X Form 990 (2005) NATIONAL PETROCHEMICAL ASSOCIATION Form 990 (2005) I Part VI I Other Information & REFINERS 53-0115970 Page7 Yes (contmued) No 82 a Did the organ1zat1onreceive donated services or the use of matenals, equipment, or fac1lrt1esat no charge or at substantially X 82a less than fair rental value? b If 'Yes,' you may indicate the value of these Items here. Do not include this amount as revenue in Part I or as an expense in Part II. N/A I 82b I (See 1nstruct1onsin Part Ill.) 83 a Did the organization comply with the public 1nspect1onrequirements for returns and exemption applications? b Did the organ1zat1oncomply with the disclosure requirements relating to quid pro quo contnbut1ons? N/ A 84 a Did the organ1zat1onsolicit any contnbut1ons or gifts that were not tax deductible? b If 'Yes,' did the organization include with every solicrtat1on an express statement that such contributions or gifts were not tax deductible? N/ A 85 501 (c)(4), (5), or (6) organizations. a Were substantially all dues nondeductible by members? X 83a 83b X 84a 84b b Did the organ1zat1onmake only in-house lobbying expenditures of $2,000 or less? If 'Yes' was answered to either 85a or 85b, do not complete 85c through 85h below unless the organ1zat1onreceived a waiver for proxy tax owed for the prior year. 3,641,781. c Dues, assessments, and s1m1laramounts from members 85c 592,098. d Section 162(e) lobbying and political expenditures 85d 564,476. e Aggregate nondeductible amount of section 6033(e)(1)(A) dues notices 85e 27,622. f Taxable amount of lobbying and political expenditures (line 85d less 85e) 851 g Does the organization elect to pay the section 6033(e) tax on the amount on line 85f? 85a 85b X X 85a X h If section 6033(e)(1)(A) dues notices were sent, does the organ1zat1onagree to add the amount on line 85f to Its reasonable estimate of dues allocable to nondeductible lobbying and political expenditures for the 501(c)(7) organizations. Enter: a lnrt1at1onfees and capital contributions included on 501(c)(12) organizations Enter: a Gross income from members or shareholders b Gross income from other sources. (Do not net amounts due or paid to other sources against amounts due or received from them.) 88 87a N/A N/A N/A 87b N/A 86a 86b line 12 b Gross receipts, included on line 12, for public use of club fac1lrt1es 87 X 85h following tax year? 86 At any time during the year, did the organization own a 50% or greater interest in a taxable corporation or partnership, or an entity disregarded as separate from the organization under Regulations sections 301. 7701-2 and 301. 7701-3? section 4911 • N/ A X 88 If 'Yes,' complete Part IX 89 a 501(c)(3) organizations. Enter: Amount of tax imposed on the organ1zat1ondunng the year under: , section4912 • N/ A , section4955 • --------N/ A b 501(c)(3) and 501(c)(4) organizations. Did the organ1zat1onengage 1nany section 4958 excess benefit transaction during the year or did rt become aware of an excess benefit transaction from a pnor year? N/A If 'Yes,' attach a statement explaining each transaction c Enter: Amount of tax imposed on the organization managers or d1squalif1edpersons dunng the year under • --------• ____ sections 4912, 4955, and 4958 d Enter: Amount of tax on line 89c, above, reimbursed by the organ1zat1on 90 a List the states with which a copy of this return 1sfiled • DC b Number of employees employed in the pay penod that 1n-c-lu_d_e_s_M_a_r-ch-12-,-2-0_0_5 _________ 91 a The books are m care of Locatedat • • 1899 NPRA L------------------------STREET, NW, WASHINGTON, DC N/A N_/_A __ --,l_9_0_b-,l,----------3=-=-0 Telephoneno • 2 0 2-4 ZIP+4 b At any time during the calendar year, did the organization have an interest 1nor a signature or other authority over a financial account 1na foreign country (such as a bank account, secunt1es account, or other financial account)? If "Yes,' enter the name of the foreign country 89b 5 7 -0 4 8 0 • ------20036 Yes • --------------------------N/ A No 91b X 91c X See the instructions for exceptions and filing requirements for Form TD F 90-22.1, Report of Foreign Bank and Financial Accounts. c At any time during the calendar year, did the organization maintain an office outside of the United States? If 'Yes,• enter the name of the foreign country 92 • ------'----------------------N/ A Section 4947(a)(1) nonexempt chantable trusts filmg Form 990 m lieu of Form 1041- Check here and enter the amount of tax-exempt interest received or accrued dunng the tax year 523162 02-03-06 • 92 •• N/A Form 990 (2005) NATIONAL PETROCHEMICAL & REFINERS ASSOCIATION Form 990 (2005) 53-0115970 Page8 I Part VII I Analysis of Income-Producing Activities Note: Enter gross amounts unless otherwise mdtcated. 93 Program service revenue: (See the mstructtons.) Unrelatedbusinessincome (A) (B) Business Amount code Excluded by secbon 512, 513, or 514 (C) Exclus1on code (E) Relatedor exempt functmnincome (D) Amount 5,346,341. 89,714. a MEETINGS PUBLICATIONS b C d e I Med1care/Med1ca1d payments g Fees and contracts from government agencies 3,641,781. 94 Membership dues and assessments 95 Intereston savingsandtemporarycashinvestments 96 Dividends and interest from secunt1es 14 417,152. 18 167,491. 01 14,603. 97 Net rental income or (loss) from real estate: a debt-financed property b not debt-financed property 98 Net rental income or (loss) from personal property 99 Other investment income 100 Gain or (loss) from sales of assets other than inventory 101 Net income or (loss) from special events 102 Gross profit or (loss) from sales of inventory 103 Other revenue: a MISCELLANEOUS INCOME b C d e o. 104 Subtotal (add columns (B), (D), and (E)) 599,246. 105 Total (add line 104, columns (B), (D), and (E)) Note: Lme 105 plus /me 1d, Part I, should equal the amount on /me 12, Part I. I Part VIiii LineNo. 'Y Relationship of Activities to the Accomplishment of Exempt Purposes (See 9,077,836. • __ 9_,,_6_7_7__._, 0_8..;;.2_. the mstructtons.) Explainhoweachactivityfor whichincome1sreportedin column(E) of PartVII contributedimportantlyto the accomplishmentof the organization's exemptpurposes(otherthan by providingfundsfor such purposes) SEE STATEMENT 9 I Pert IX I Information Regarding Taxable Subsidiaries and Disregarded Entities (See (A) Name,address,and EINof corporation, oartnershm.or d1sreaarded entrtv N/A ! Part X I (B) Percentage of ownershipinterest % % % % (C) Natureof activities the mstruct,ons.) (D) Information Regarding Transfers Associated with Personal Benefit Contracts (See (a) Didthe organization, duringthe year,receiveanyfunds,directlyor indirectly,to paypremiumson a personalbenefitcontract? (b) Didthe organization,duringthe year,pay premiums,directlyor indirectly,on a personalbenefitcontract? Note: If "Yes" to (b) e Form 8870 and Form 4720 (see mstructtons). SUITE 800 523163 02-03-06 (E) End-of-year assets Totalincome Phoneno the mstructtons.) Dves Dves CXJNo [X] No • 7 0 3- 8 4 2 -1115 Form990 (2005) 2005 DEPRECIATION AND AMORTIZATION REPORT FORM 990 PAGE 2 990 N Asset No Descrrpt1on Date Acquired Life FURNITURE AND !!EQUIPMENT IVARIIES .000 2COMPUTER EQUIPMENT KT~ IRI~s 3LEASEHOLD IMPROVEMENTS WARIIES * No 16 Bus% Exel UnadJusted CostOr Basis ReductmnIn Basis BasisFor Deprec1at1on Accumulated Deprec1at1on Current Sec179 AmountOf Deprec1at1on 178,429. 178,429. 136,668. 10,031. . ooo 16 499,550 • 499,550. 28:1,746. 39,522. • 000 449,880 449,880. 217,109. 51,643. 16 TOTAL 990 PAGE 2 IOEPR 528102 01-06-06 Method Line 1,121,859. (D)- Asset disposed • o. l ,121 ,85-9, 635,523. o. 101,196. "ITC, Section 179, Salvage, Bonus, Commercial Rev1tal1zat1on Deduction, GO Zone NA~IONA'.L PETROCHEMICAL & REFINERS ASSOC! FORM 990 GAIN (LOSS) 53-0115970 FROM PUBLICLY TRADED SECURITIES GROSS SALES PRICE DESCRIPTION COST OR OTHER BASIS SALE OF VARIOUS INVESTMENTS 1,182,695. 1,015,204. TO FORM 990, 1,182,695. 1,015,204. PART I, FORM 990 LINE 8 STATEMENT EXPENSE OF SALE o. o. OTHER CHANGES IN NET ASSETS OR FUND BALANCES NET GAIN OR (LOSS) 167,491. 167,491. STATEMENT 2 AMOUNT DESCRIPTION NET CHANGE IN FAIR VALUE OF INVESTMENTS ADDITIONAL PENSION CHARGE 101,041. -310,079. TOTAL TO FORM 990, -209,038. PART I, LINE 20 FORM 990 STATEMENT OTHER EXPENSES (A) DESCRIPTION TOTAL GENERAL OPERATING EXPENSES AND FEES OTHER EXPENSES PHOTOGRAPHY INSURANCE SUPPLEMENTAL PETROCHEMICAL EXPENSES TAXES AND LICENSES CONSULTING FEES BANK CHARGES DUES AND SUBSCRIPTIONS BUSINESS STATISTICAL TOTAL TO FM 990, 1 LN 43 ( B) PROGRAM SERVICES 3 ( D) ( C) MANAGEMENT AND GENERAL FUNDRAISING 186,463. 382,724. 1,529. 90,326. 1,118,942. 4,546. 400,226. 56,482. 50,240. 130,882. 2,422,360. STATEMENT(S) 1, 2, 3 NATIONAL PETROCHEMICAL & REFINERS ASSOCIATION Form 990 Statement of Program Service Accomplishments 53-0115970 Statement 3A • Promoting the general welfare of its members by gathering and disseminating historical and scientific information and statistics relating to the petroleum refining and petrochemical manufacturing industries. • Serving as an effective channel of communication of the industry information among members, other associations, the government and the public. NATIONAL PETROCHEMICAL & FORM 990 REFINERS ASSOC! 53-0115970 OTHER INVESTMENTS STATEMENT DESCRIPTION VALUATION METHOD EQUITY SECURITIES FIXED INCOME FUND CASH MARKET VALUE MARKET VALUE MARKET VALUE TOTAL TO FORM 990, FORM 990 PART IV, LINE 56, COLUMNB COST OR OTHER BASIS FURNITURE AND EQUIPMENT COMPUTER EQUIPMENT LEASEHOLD IMPROVEMENTS TOTAL TO FORM 990, PART IV, 178,429. 499,550. 449,880. LN 57 FORM 990 1,127,859. OTHER ASSETS DESCRIPTION AMOUNT 4,238,328. 4,263,374. 342,345. 8,844,047. DEPRECIATION OF ASSETS NOT HELD FOR INVESTMENT DESCRIPTION ACCUMULATED DEPRECIATION STATEMENT 146,699. 321,268. 268,752. 31,730. 178,282. 181,128. 736,719. 391,140. STATEMENT 6 AMOUNT PART IV, FORM 990 LINE 58, 216,087. 72,585. COLUMNB OTHER LIABILITIES DESCRIPTION 288,672. STATEMENT 7 AMOUNT DEFERRED COMPENSATION DEFERRED RENT TOTAL TO FORM 990, 5 BOOK VALUE DEFERRED COMPENSATION UNAMORTIZED PRIOR SERVICE COST TOTAL TO FORM 990, 4 PART IV, 216,087. 56,585. LINE 65, COLUMNB 272,672. STATEMENT(S) 4, 5, 6, 7 NA~IONJtl. PETROCHEMICAL & REFINERS ASSOC! FORM 990 53-0115970 STATEMENT PART V-A - LIST OF OFFICERS, DIRECTORS, TRUSTEES AND KEY EMPLOYEES NAME AND ADDRESS TITLE AND AVRG HRS/WK COMPENSATION 8 EMPLOYEE BEN PLAN EXPENSE CONTRIB ACCOUNT ROBERT SLAUGHTER 1899 L STREET, N.W. WASHINGTON DC, 20036 PRESIDENT 35.00 284,850. 15,044. 0. MAURICE MCBRIDE 1899 L STREET, N.W. WASHINGTON DC, 20036 GENERAL COUNCIL 35.00 142,695. 8,459. o. WILLIAM KLESSE 1899 L STREET, N.W. WASHINGTON DC, 20036 CHAIRMAN 1.00 JAMES MAHONEY 1899 L STREET, N.W. WASHINGTON DC, 20036 VICE CHAIR 1.00 JOEL MANESS 1899 L STREET, N.W. WASHINGTON DC, 20036 o. o. 0. o. o. 0. TREASURER 1.00 o. o. o. DUANE GILLIAM 1899 L STREET, N.W. WASHINGTON DC, 20036 PAST CHAIRMAN 0.00 o. 0. 0. KEVIN BROWN 1899 L STREET, N.W. WASHINGTON DC, 20036 VICE PRESIDENT 1.00 o. o. 0. DON DAIGLE 1899 L STREET, N.W. WASHINGTON DC, 20036 VICE PRESIDENT 1.00 o. o. o. LARRY M. ECHELBERGER 1899 L STREET, N.W. WASHINGTON DC, 20036 VICE PRESIDENT 1.00 o. o. 0. JAMES GALLOGLY 1899 L STREET, N.W. WASHINGTON DC, 20036 VICE PRESIDENT 1.00 o. o. 0. BILL FINNERTY 1899 L STREET, N.W. WASHINGTON DC, 20036 VICE PRESIDENT 1.00 0. o. 0. - STATEMENT(S) 8 NATIONAL PETROCHEMICAL & REFINERS ASSOC! 53-0115970 JERRY E. THOMPSON 1899 L STREET, N.W. WASHINGTONDC, 20036 VICE PRESIDENT 1.00 0. 0. o. NORMANPHILLIPS 1899 L STREET, N.W. WASHINGTONDC, 20036 VICE PRESIDENT 1.00 0. 0. 0. PETER HUNTSMAN 1899 L STREET, N.W. WASHINGTONDC, 20036 MEMBER 1.00 0. o. o. TOTALS INCLUDED ON FORM 990, FORM 990 PART V-A 427,545. PART VIII - RELATIONSHIP OF ACTIVITIES ACCOMPLISHMENTOF EXEMPT PURPOSES TO 23,503. STATEMENT 0. 9 LINE EXPLANATION OF RELATIONSHIP OF ACTIVITIES 93A THE MEETINGS PERMIT THE ASSOCIATION TO COMMUNICATEINFORMATION CONCERNING THE PETROLEUM INDUSTRY AMONGITS MEMBERS. PUBLICATIONS SERVE AS A CHANNEL OF COMMUNICATIONBETWEEN OTHER ASSOCIATIONS, THE GOVERNMENT, AND THE PUBLIC CONCERNING THE PETROLEUM INDUSTRY. MEMBERSHIP DUES AND ASSESSMENTS ARE INTEGRAL TO THE ABILITY TO PROVIDE SUPPORT AND SERVICES. 93B 94 STATEMENT(S) 8, 9 7DOlo Form 8868 (Rev 12-2004) D\00 So74- 0000 °\l73 Page 2 • • If you are filing for an Additional (not automatic) 3-Month Extension, complete only Part II and check this box [X] Note: Only complete Part II If you have already been granted an automatic 3-month extension on a previously filed Form 8868. • If you are filing for an Automatic 3-Month Extension, complete only Part I (on page 1). Part U Type or Additional not automatic 3-Month Extension of Time - Must file Original and One Copy. Employer identification number Name of Exempt Organization print. ATIONAL PETROCHEMICAL SSOCIATION File by the extended Number, street, and room or suite no. If a P .0. box, see InstructIons. duedatefor filing the return see stru0110 '" ns 1899 L STREET REFINERS & 53-0115970 No. N.W. For IRS use only 1000 City, town or post office, state, and ZIP code. For a foreign address, see InstructIons. ASHINGTON DC 20036 Check type of return to be filed (File a separate application for each return): D D CKJForm 990 D Form 990-BL Form 990·EZ Form 990-PF D D Form 990-T (sec. 401 (a) or 408(a) trust) Form 990-T (trust other than above) D D Form 1041-A Form4720 STOP: Do not complete Part II if you were not already granted an automatic 3-month extension on a previously filed Form 8868. • • • NPRA -------------------------------FAX No. 2 02-4 5 7-0 4 80 The books are m the care of Te Ie phone No. • 202-457-0486 • If the organization does not have an office or place of business m the United States, check this box • If this Is for a Group Return, enter the organ1zatIon's four digit Group Exemption Number (GEN)____ box • D . If it Is for part of the group, check this box • D 15 , 2 0 0 6. I request an add1tIonal 3-month extension of time until 5 6 For calendar year 2 0 0 5 , or other tax year beginning -==---------,==-If this tax year Is for less than 12 months, check reason: lnIt1al return 7 State In detail why you need the extension D Sa b c time is return. needed to D and attach a list with the names and EINs of all members the extension Is for. November 4 Additional an accurate • . If this is for the whole group, check this gather the D and ending Final return necessary D items Change m accounting penod to complete If this application Is for Form 990-BL, 990-PF, 990-T, 4 720, or 6069, enter the tentative tax, less any nonrefundable credits. See instructions $ If this application Is for Form 990-PF, 990-T, 4 720, or 6069, enter any refundable credits and estimated tax payments made. Include any pnor year overpayment allowed as a credit and any amount paid previously with Form 8868 $ Balance Due. Subtract line Sb from line Ba. Include your payment with this form, or, If required, deposit with FTD coupon or, 1frequired, by using EFTPS (Electronic Federal Tax Payment System). See InstructIons $ N/A Signature and Verification Under penaltiesof pel']ury,I declarethat I haveexaminedthis form, mcludmgaccompanyingschedulesand statements,and to the best of my knowledgeand belief, 111strue, corre t, and complete,an that I am authonzedto preparethis form SI nature Tille • Date • No ice to Applicant - To Be Completed t> D D We have approved this application. Please attach this form to the organization's return. We have not approved this application. However, we have granted a 10-day grace penod from the later of the date shown below or the due date of the organIzatIon's return Oncludmg any pnor extensions). This grace period Is considered to be a valid extension of time for elections otherwise required to be made on a timely return. Please attach this form to the orgamzatIon's return. D We have not approved this apphcatIon. After considering the reasons stated In item 7, we cannot grant your request for an extension of time to file. We are not granting a 10-day grace penod. D D We cannot consider this application because It was filed after the extended due date of the return for which an extension was requested. Other __________________________________________ By _________________ Director _ _ Date Alternate Mailing Address - Enter the address If you want the copy of this application for an addItIonal 3-month extension returned to an address different than the one entered above. Name Johnson Type or print Lambert & Co. Number and street (include suite, room, or apt. no.) or a P.O. box number 3110 Fairview Park Drive, Suite 800 City or town, province or state, and country (including postal or ZIP code) 523832 05-01-05 Falls Church, VA 22042 Form 8868 (Rev 12-2004) tos 8868 \Co2,,0 C006 -=\-392 ZS3~ Application for Extension of Time To File an Exempt Organization Return Form (Rev. December 2004) 0MB No.1545-1709 • File a separate application for each return Department of the Treasury Internal Revenue Service • ~ • If you are fIl1ngfor an Automatic 3-Month Extension, complete only Part I and check this box [X] • If you are filing for an Additional (not automatic) 3-Month Extension, complete only Part II (on page 2 of this form}~..._ Do not complete Part II unless you have already been granted an automatic 3-month extension on a previously filed For~8. Part I Automatic 3-Month Extension of Time - Only submit ongInal (no copies needed} ~L. Form 990-T corporations requesting an automatic 6-month extension · check this box and complete Part I only r •• All other corporations (incfudtng Form 990-C fifers) must use Form 7004 to request an extension of time to fife mcome tax returns. Partnerships, REM/Cs, and trusts must use Form 8736 to request an extension of time to fife Form 1065, 1066, or 1041 Electronic Filing (e-file). Form 8868 can be filed electronically 1fyou want a 3·month automatic extension of time to file one of the returns noted below (6 months for corporate Form 990-T filers}. However, you cannot file It electronically If you want the addItIonal (not automatic) 3·month extension, instead you must submit the fully completed signed page 2 (Part II) of Form 8868. For more details on the electronic filing of this form, vIsIt www ,rs govlefIfe. Name of Exempt OrganIzatIon Type or print Employer identification number NATIONAL PETROCHEMICAL ASSOCIATION File by the due date for filing your return See instructions & REFINERS 53-0115970 Number, street, and room or suite no. If a P.O. box, see InstructIons. 1899 L STREET, N.W., No. 1000 City, town or post office, state, and ZIP code. For a foreign address, see InstructIons. WASHINGTON, DC 20036 Check type of return to be filed(fIle a separate application for each return): [X] D D D • D D D D Form 990 Form 990·8L Form 990-EZ Form 990-PF • • • Form 990-T (sec 401 (a) or 408(a) trust) Form 990·T (trust other than above) Form 1041-A • Form4720 Form5227 Form6069 Form8870 _N_P_RA _______________________________ 202-457-0480 FAX No. 202-457-0486 The books are In the care of Telephone No. D D D D Form 990-T (corporation) If the organIzatIon does not have an office or place of business In the United States, check this box If this Is for a Group Return, enter the organIzatIon's four dIgIt Group Exemption Number (GEN}____ box • D .If It Is for part of the group, check this box _ • •D •• . If this Is for the whole group, check this and attach a list with the names and EINs of all members the extension will cover. I request an automatic 3-month (6-months for a Form 990-T corporation) extension of time until August 15, 2006 to file the exempt organization return for the organIzatIon named above. The extension Is for the organIzatIon's return for. • [X] •D 2 3a calendar year 2 0 0 5 or tax year beginning _____________ If this tax year Is for less than 12 months, check reason: , and ending _____________ D lnItIal return D Final return _ D If this applIcatIon 1sfor Form 990-BL, 990-PF, 990-T, 4720, or 6069, enter the tentative tax, less any nonrefundable credits. See InstructIons b $ If this application Is for Form 990-PF or 990-T, enter any refundable credits and estimated tax payments made Include any pnor year overpayment allowed as a credit c Change In accounting penod $ Balance Due. Subtract line 3b from line 3a. Include your payment with this form, or, If required, deposit with FTD coupon or, If required, by using EFTPS (Electronic Federal Tax Payment System}. See instructions $ N/A Caution. If you are going to make an electronic fund withdrawal with this Form 8868, see Form 8453-EO and Form 8879-EO for payment InstructIons. LHA 523831 05-01-05 For Privacy Act and Paperwork Reduction Act Notice, see instructions. Form 8868 (Rev 12-2004}