SeeBITDAOklahoma

Petroleum Equipment Institute

Churches & nonprofits
  • 6514 E 69th St, Tulsa, OK
Reported revenueReported figures
$5.4M
$5.2Mlikely range$5.7M
Revenue
$5.4M
a year
Profit (EBITDA)
$1.4M
26% of revenue
Employees
10
reported in 2021
Owner not found yet
We haven't found the owner in public records
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How we got $5.4M

Based on IRS Form 990 (2024).

Reported revenue, IRS Form 990 (2024)$5.4M
× 26% profit margin$1.4M

· Own this business? Correct these figures

What we know

PPP loan, 2021
401(k) filing, 2025
Reported financials
No website found
Owner not found

Employees over time

▲ 50% since 2021
010202020202120222023202420251015
401(k) / retirement-plan participantsEmployees reported for PPP
Show as table
YearSourceEmployeesEst. revenueEst. EBITDA
2021PPP loan10$2.5M$661K
2020Form 550010$2.5M$661K
2021Form 55009$2.3M$595K
2022Form 550013$3.3M$860K
2023Form 550015$3.8M$992K
2024Form 550014$3.5M$926K
2025Form 550015$3.8M$992K

Participants are employees in the company's retirement plan at year end, from its Form 5500 filing with the Department of Labor. They usually run a little under total headcount (part-timers and new hires may not be eligible). Revenue and EBITDA apply this industry's revenue per employee and margin to each year's count.

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
PETROLEUM EQUIPMENT INSTITUTE
this business
$5.4M$1.4M—
TULSA APARTMENT ASSOCIATION
Tulsa · 3 employees
$471K$200K0.8 mi
NATIONAL ASSOCIATION OF ROYALTY OWNERS
Tulsa · 5 employees
$478K$203K1.1 mi
SPROUTS CHILD DEVELOPMENT INITIATIVE, INC.
Tulsa · 7 employees
$2.3M$762K1.4 mi
SUNGATE NEIGHBORS INC
Tulsa · 21 employees
$8.3M$2.5M1.5 mi
SOCIETY OF EXPLORATION GEOPHYSICISTS
Tulsa · 73 employees
$33.7M$8.2M2.2 mi
TULSA EXECUTIVES ASSOCIATION
Tulsa · 1 employees
$315K$134K2.3 mi

The full calculation

Figures are shown toward the upper part of their range rather than at its middle.

Brought up to date assuming revenue has grown 8% a year since 2020, when the PPP figures were reported; included above.

These are the business's own reported figures, from its IRS Form 990 filing, not an estimate. EBITDA applies the industry margin to reported revenue.

Revenue range$5.2M – $5.7M
EBITDA range$1.4M – $1.5M
Industry (NAICS)Business Associations (813910)

EBITDA margin: from IRS tax returns of S corporations in this industry (2019–2022), adjusted for company size: smaller companies typically run higher margins. EBITDA here is after owners' salaries.

Benchmarks: US Economic Census 2022, OK. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology

People & advisors

Leadership

  • JB
    Jason Blake
    President · $297K pay (Form 990)
  • MW
    Melinda Whitney
    SVP of Operations · $222K pay (Form 990)
  • SB
    Scott Boorse
    VP of Technical Programs & Industry Af · $197K pay (Form 990)
  • TL
    Tom Leibrandt
    Sr Dir of Media & Member Relations · $166K pay (Form 990)
  • JS
    Julie Shank
    Dir of Member Events and Special Projects · $118K pay (Form 990)
  • LC
    Liliana Cruz
    Sr Dir of Latin America · $118K pay (Form 990)
  • TD
    Tim Davidson
    Sr Mgr of Membership Expansion · $113K pay (Form 990)
  • AQ
    Austin Quinten
    AVP - Member Relations · $102K pay (Form 990)
  • JE
    James Ether
    Chair · Form 990
  • SB
    Sara Beck
    Vice Chair · Form 990
  • JB
    Joey Batchelor
    VP of Finance · Form 990
  • JK
    John Keller
    Immediate Past Chair · Form 990

Advisors

  • AccountingAprio Advisory Group LLCPrepared its Form 990
  • BankingBank of America, National AssociationPPP / SBA lender

From the company's own website and public filings (DOL Form 5500, IRS Form 990, SBA). Roles are as stated there and may be out of date.

Banking relationships

Bank of America, National Association
PPP 2021
All 1,034 borrowers →

From PPP and SBA loan records, which name the bank but not the individual banker.

PPP loans

ApprovedDrawAmountForgivenJobsLender
2/7/2021first$304K$305K10Bank of America, National Association

Public records

IRS Form 990
Nonprofit
Revenue (2024)$5.4M
Assets$10.3M
Tax-exempt since1953

Matched to this business by name and address from public government data; a match can occasionally be wrong.

About Petroleum Equipment Institute

Petroleum Equipment Institute is a churches & nonprofits company in Tulsa, Oklahoma. Its reported annual revenue is about $5.4M, with roughly $1.4M of EBITDA. It has about 15 employees.

Common questions

Who owns Petroleum Equipment Institute?
The owner of Petroleum Equipment Institute isn't in public records we've found yet. If you own or run the business, you can add or correct its details on SeeBITDA.
How much revenue does Petroleum Equipment Institute make?
Petroleum Equipment Institute reported revenue of about $5.4M.
How many employees does Petroleum Equipment Institute have?
About 15, from its 2025 retirement-plan filing.