Utah Petroleum Association

“Organizations Mission”

“UPA is a trade organization tha tsupports and promotes the interest of the oil, gas and petroleum industry in Utah through public governmental advocacy, education, and exchange of information and ideas. UPA provides opportunities for industry members to meet and engage with each other. UPA interacts with rule-making bodies an dthe media to inform them about issues affecting the industry. UPA also offers in-person and online educational opportuities about the oil and gas industry.”

“Classes of Members or Stockholders UPA is a trade organization whose members consist of companies or individuals related to or interest in the oil, gas, or petroleum industries. Membership in UPA does not entitle any member to share in the capital or assets of the company. UPA does not have shareholders.”

“Election of Members and Their Rights UPA is governed by an Executive Committee that consists of twelve of the associations members. Each Executive Committee member serves a two-year term. One of the Executive Committee Members is the Chairman. The Chairman is the chief executive officer of UPA. Two of the Executive Committee Members are the Vice Chair. The Vice Chair makes periodic examination of UPAs expenditures and serves as Chairman in the Chairmans absence. The Chairman and the Vice Chair are UPAs officers, and each serve for a one-year term. Each year, the Chairman and a nominating committee nominate candidates for the next years Chairman and Vice Chair positions, as well as the UPA members who will serve on the Executive Committee as vacancies arise. After nomination, the Chairman appoints the next years Chairman, Vice Chair, and members of the Executive Committee. At the annual meeting of UPAs members, the entire general membership approves the appointees who will serve as the next years Executive Committee and officers.”

“Decisions Subject to Approval of Members The Executive Committee makes decisions on behalf of UPA throughout the year. As stated in response to Part VI. Section A. Line 7a., approval is required from UPAs general membership of the appointment of UPAs Chairman, Vice Chair, and Executive Committee.”

“Organizations Process to Review Form 990 The President is responsible for preparation and filing of UPAs annual informational returns. The President completes and reviews UPAs Form 990 and discusses its contents with UPAs Executive Committee at the committees regular meetings or sends for review via email.”

“Compensation Process for Top Official The Executive Committee hires the President and determines the Presidents compensation after analysis of the market for individuals in the market serving in similar positions.”

“Governing Documents Disclosure Explanation UPA maintains a copy of its organic documents at its headquarters, including its Articles of Incorporation, Bylaws, and federal tax documents. UPAs Articles of Incorporation are available to the public through the Utah Division of Corporations and Commercial Codes website. Additionally, documents to which members of the public are entitled are available upon request.”

“Automobile 6598. 6598.”

“Contractors 49500. 49500.”

“Dues 710. 710.”

“Insurance 6164. 6164.”

“Bank service charges 11797. 11797.”

“Sponsored lunches 461. 461.”

“Gifts 510. 510.”

“Public relations 6150. 6150.”

“Special Projects 268676. 268676.”

“Bad debt 135260. 135260.”

“Annual meeting 72278. 72278.”

“Lunch & learn 975. 975.”

“Other hosting 824. 824.”

“Energy Summit Reception 2891. 2891.”

“Legislative reception 6031. 6031.”

“Donations 11165. 11165.”

“Reimbursements 1600. 1600.”