Pipeline Research Council International Inc
- Assets
- $24.4m
- Revenue
- $19.8m
- Investments
- $0.0
- Employees
- 22
- Location
- Chantilly, VA
- Founding
- 05/2000
- Data as of
- 12/2023
- EIN
- 52-2202924
Organization Overview
Pipeline Research Council International Inc is located in Chantilly, VA. The organization was established in 2000. According to its NTEE Classification (S03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2023, Pipeline Research Council International Inc employed 22 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pipeline Research Council International Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2023, Pipeline Research Council International Inc generated $19.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.8% each year. All expenses for the organization totaled $18.5m during the year ending 12/2023. While expenses have increased by 2.0% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO COLLABORATIVELY DELIVER RELEVANT AND INNOVATIVE APPLIED RESEARCH TO CONTINUALLY IMPROVE THE GLOBAL ENERGY PIPELINE SYSTEMS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
US-4-04 - THE PROJECT IS ESTABLISHING A SAFE AND RELIABLE CASING CORROSION SCREENING METHODOLOGY THAT IS DEFENDABLE TO REGULATORS, AND CAN BE USED IN LIEU OF TRADITIONAL INSPECTION METHODS TO SIGNIFICANTLY REDUCE WELL ENTRY RISK AND OPERATIONAL COST. IN COMBINATION WITH THE OUTCOMES OF PRECEDING PROJECTS (US-3J), THIS PROJECT IS EXPECTED TO EXPAND THE OPTIONS AVAILABLE FOR OPERATORS AND REGULATORS TO ASSESS THE CONDITION OF OPERATING WELLS AND PROVIDE QUANTITATIVE MEASURES ON WHICH TO BASE ONGOING WELL OPERATIONAL AND MAINTENANCE DECISIONS.
NDE-4-18 - THIS PROJECT INTEGRATES AND BUILDS ON WORK SUCCESSFULLY COMPLETED AND REPORTED IN REGARD TO EC-2-7 AND EC-2-6 WHICH THROUGH THIS ADDITIONAL WORK RESULTS IN A CRITERION THAT:- IS APPLICABLE TO COMPLEX CORROSION-WILL BE DELIVERED IN AN ILI-COMPATIBLE FORM THROUGH THE PARTICIPATION OF VENDORS-HAS GREATLY REDUCED SCATTER THAT IN TURN AFFECTS CORRESPONDING REDUCTIONS IN MAINTENANCE WITHOUT JEOPARDIZING SAFETY-QUANTIFIES LEAK VERSUS RUPTURE AND THE CONSEQUENCES OF FAILURE, WHICH HAS SIGNIFICANT POTENTIAL VALUE IN PRIORITIZING MAINTENANCE FOR GAS AND LIQUID OPERATORS IN POPULATED AND/OR ENVIRONMENTALLY SENSITIVE HCAS-PROVIDES SEAMLESS INTEGRITY ASSESSMENT OF METAL LOSS WITHOUT CONCERN FOR GRADE OR ERA OF CONSTRUCTION, WHICH WILL SIMPLIFY MEMBER-COMPANY SOPS SYSTEMWIDE-WILL BE BROADLY VALIDATED AND IS FREE OF EMPIRICAL RELIANCE ON CALIBRATIONS THAT REFLECT COMPANY SPECIFIC CIRCUMSTANCES.
EMERGING FUELS INSTITUTE (EFI) - ESTABLISHED TO SOLVE THE TECHNICAL ISSUES AROUND THE TRANSPORTATION AND STORAGE OF HYDROGEN, RENEWABLE NATURAL GAS, AND OTHER FUELS, THE EFI IS PLAYING A KEY ROLE IN ASSISTING THE INDUSTRY TO SAFELY MANAGE THE CHANGES IN TRANSPORTING AND STORING THESE PRODUCTS.EFI FOCUS AREAS ARE: - DETERMINING THE IMPACTS OF BLENDING HYDROGEN ON TRANSMISSION PIPELINE ASSETS AND WHAT ADVANCEMENTS ARE NEEDED IN MATERIALS, DESIGN, AND PROCESSES FOR RETROFITTING THESE PIPELINE SYSTEMS FOR HYDROGEN TRANSPORT. - DEVELOPING GUIDANCE TO SAFELY OPERATE AND MAINTAIN TRANSMISSION PIPELINES WHEN HYDROGEN IS BLENDED INTO NATURAL GAS. - DEVELOPING GUIDANCE TO SAFELY OPERATE AND MAINTAIN TRANSMISSION PIPELINES FOR TRANSPORTING HYDROGEN. ADDRESSING THE CHALLENGES ASSOCIATED WITH STORING HYDROGEN WHILE USING CURRENT ASSETS. - PROVIDING TECHNICAL GUIDANCE TO IMPROVE INDUSTRY STANDARDS FOR TRANSPORTING AND STORING HYDROGEN.ONE SIGNIFICANT PRCI ACTIVITY RELATED TO THE EFI IS A GLOBAL EMERGING FUELS INITIATIVE WHICH BRINGS TOGETHER LEADERS FROM AROUND THE WORLD TO UNDERSTAND WHAT IS BEING DONE NOW AND WHAT IS PLANNED. ANOTHER IS A SERIES OF ROUNDTABLE DISCUSSIONS WITH KEY STANDARDS AND GOVERNMENT AGENCIES IN THE U.S. AND CANADA. THESE COLLABORATIONS PROVIDE CRITICAL INSIGHT INTO THE CURRENT ACTIVITIES AROUND THE SAFE TRANSPORTATION AND STORAGE OF EMERGING FUELS AND FUTURE WORK NEEDED IN THIS AREA.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Clifford M Johnson President | Officer | 51.63 | $462,322 |
Gary W Hines Vice President, Operations | Officer | 44.01 | $236,951 |
Gary E Choquette Executive Director, Research Executive | Officer | 52.09 | $235,702 |
Zoe H Shall Executive Director, Engagement | 56 | $201,620 | |
Thomas B Marlow Senior Program Manager | 47.5 | $174,380 | |
Carolyn Descoteaux Senior Program Manager | 41.37 | $138,726 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Dnv Gl Usa Inc Research Service Provider - Pipelines | 12/30/23 | $729,925 |
Battelle Savannah River Alliance Research Service Provider - Pipelines | 12/30/23 | $532,880 |
Westin San Diego Gaslamp Quarter Hotel For Annual Conference | 12/30/23 | $390,951 |
C-fer Technologies Research Service Provider - Pipelines | 12/30/23 | $756,754 |
Bmt Canada Ltd Research Service Provider - Pipelines | 12/30/23 | $776,280 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $16,332,126 |
| Investment income | $545,557 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $2,705,010 |
| Net Rental Income | $107,843 |
| Net Gain/Loss on Asset Sales | $24,490 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $19,776,256 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,080,273 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,206,699 |
| Pension plan accruals and contributions | $131,104 |
| Other employee benefits | $268,666 |
| Payroll taxes | $239,951 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $32,322 |
| Fees for services: Accounting | $68,029 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $26,968 |
| Fees for services: Other | $146,011 |
| Advertising and promotion | $108,092 |
| Office expenses | $81,485 |
| Information technology | $319,684 |
| Royalties | $1,588,778 |
| Occupancy | $1,139,320 |
| Travel | $272,020 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $844,195 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $211,982 |
| Insurance | $56,752 |
| All other expenses | $0 |
| Total functional expenses | $18,492,787 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,902,143 |
| Savings and temporary cash investments | $342,923 |
| Pledges and grants receivable | $1,201,278 |
| Accounts receivable, net | $737,999 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $65,833 |
| Prepaid expenses and deferred charges | $486,100 |
| Net Land, buildings, and equipment | $406,426 |
| Investments—publicly traded securities | $15,092,052 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $4,826 |
| Other assets | $1,121,500 |
| Total assets | $24,361,080 |
| Accounts payable and accrued expenses | $3,350,921 |
| Grants payable | $0 |
| Deferred revenue | $2,060,231 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,101,956 |
| Total liabilities | $6,513,108 |
| Net assets without donor restrictions | $13,349,050 |
| Net assets with donor restrictions | $4,498,922 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $24,361,080 |