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Reservoir Engineering Research Institute

Reservoir Engineering Research Institute

Palo Alto, CA
Tax ID77-0238044

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By donating on this page you are making an irrevocable contribution to Daffy Charitable Fund, a 501(c)(3) public charity, and a subsequent donation recommendation to the charity listed above, subject to our Member Agreement. Contributions are generally eligible for a charitable tax-deduction and a yearly consolidated receipt will be provided by Daffy. Processing fees may be applied and will reduce the value available to send to the end charity. The recipient organizations have not provided permission for this listing and have not reviewed the content.
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About this organization

Revenue

$631,753

Expenses

$648,523

Mission

To carry out in-depth research in key areas of petroleum reservoir engineering.

About

Research projects are divided into two main categories: thermodynamics and fluid flow. Irreversible thermodynamics, interfacial thermodynamics, and bulk phase equilibrium thermodynamics cover research projects related to kinetics of hydrate, wax and asphaltene precipitation and deposition, compositional variation in hydrocarbon reservoirs and gas condensate reservoirs.

Interesting data from their 2019 990 filing

The non-profit's aim, as indicated in the filing, is “To carry out in-depth research in key areas of petroleum reservoir engineering.”.

When referring to its functions, they were specified as: “To carry out in-depth research in key areas of petroleum reservoir engineering.”.

  • The non-profit has reported their operating state as CA, as required by law.
  • As stated in the filing, the non-profit's address in 2019 was 595 LYTTON AVE B 2ND FLOOR, PALO ALTO, CA, 94306.
  • The non-profit's form reports a total of 7 employees as of 2019.
  • Does not operate a hospital.
  • Does not operate a school.
  • Does not collect art.
  • Does not provide credit counseling.
  • Does not have foreign activities.
  • Is not a donor-advised fund.
  • Is not a private foundation.
  • Expenses are between $500,000 and $1,000,000+.
  • Revenue is between $500,000 and $1,000,000+.
  • Revenue less expenses is -$16,770.
  • The CEO's salary policy within the organization is established through a review process by an impartial entity.
  • The organization has 9 independent voting members.
  • The organization was formed in 1990.
  • The organization has a written policy that addresses conflicts of interest.
  • The organization is required to file Schedule O.
  • The organization's financial statements were compiled or reviewed by an accountant.
  • The organization pays $434,326 in salary, compensation, and benefits to its employees.
  • The organization pays $10,775 in fundraising expenses.
  • The organization provides Form 990 to its governing body.
  • The organization has minutes of its meetings.
  • The organization has grants to organizations.