Pipeline Research Council International Inc
- Assets
- $19.1m
- Revenue
- $17.5m
- Investments
- $0.0
- Employees
- 18
- Location
- Chantilly, VA
- Founding
- 05/2000
- Data as of
- 12/2021
- 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 12/2021, Pipeline Research Council International Inc employed 18 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 12/2021, Pipeline Research Council International Inc generated $17.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.1% each year. All expenses for the organization totaled $15.1m during the year ending 12/2021. 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
2021
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
JSUB-4 CONSORTIUM - 3 TO 5 YEAR PROGRAM TO DEVELOP FREE-SWIMMING ILI TOOL BASED ON THE PRINCIPLES OF MAGNETIC EDDY CURRENT. THE CONTRACTOR WILL DEVELOP, ENGINEER, FABRICATE, AND PROVIDE SERVICES FOR THE TOOL. AT THE END OF THE PROJECT, MEC TECHNOLOGY WILL BE AVAILABLE AS AN ILI OPTION. BY INCREASING THE AVAILABLE ILI TECHNOLOGIES, ADDITIONAL PIPELINE CONFIGURATIONS CAN BE INSPECTED. OPERATOR SPONSORED TECHNOLOGY DEVELOPMENT WILL DRIVE IMPROVEMENTS IN ILI TECHNOLOGY NOT ONLY IN THIS SPECIFIC AREA, BUT WILL ENCOURAGE OTHER VENDORS AND TECHNOLOGIES TO IMPROVE.
MD-1-13: IMPROVING THE UNDERSTANDING OF ILI SYSTEMS PERFORMANCE SHOULD PROMOTE THE EXCAVATION OF HIGH PRIORITY ANOMALIES AND DEFECTS, AND LIMIT EXCAVATION AND REPAIR OF NON-INJURIOUS MECHANICAL DAMAGE FEATURES. THE BENEFITS OF PIPELINE OPERATORS ARE SIGNIFICANT, THOUGH SPECIFIC QUANTIFICATION IS DIFFICULT TO REPRESENT DUE TO THE RANGE OF FEATURE TYPES, OPERATING CONDITIONS, MATERIALS PROPERTIES INVOLVED, ETC. REGARDLESS OF SPECIFICS, THE IMPACTS ARE SIGNIFICANT/SUBSTANTIAL TO MOST PIPELINE OPERATORS THAT HAVE MECHANICAL DAMAGE AS AN ACTIVE THREAT TO THEIR SYSTEMS. THE DATA GENERATED WILL ALSO BE BENEFICIAL TO THE STUDY BEING CONDUCTED IN MD-4 TO PROPOSE REVISED MECHANICAL DAMAGE ANOMALY RESPONSE CRITERIA.
NDE-4-18 - THE LONG TERM GOAL OF THIS PROJECT IS TO VALIDATE ILI TECHNOLOGIES PERFORMANCE WITH REGARD TO DETECTING, IDENTIFYING, AND CHARACTERIZING IRREGULAR SHAPE MD FEATURES (I.E. MULTI-PEAK DENTS) AND MD INTERACTING WITH CORROSION, GOUGE, WELD AND CRACK FEATURES. HIGHLY-RELIABLE ILI DATA WILL SUPPORT INTEGRITY MANAGEMENT DECISIONS THAT TARGET AND ADDRESS HIGH-RISK FEATURES SUCH THAT THE THREAT OF FAILURE IS MINIMIZED.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Clifford M Johnson President | Officer | 46.39 | $344,769 |
Gary W Hines Vice President, Operations | Officer | 44.94 | $224,758 |
Gary E Choquette Director, Research Executive | 47.67 | $207,475 | |
Laurie Perry Program Manager | 42.04 | $181,566 | |
Zoe H Shall Program Manager | 46.79 | $153,533 | |
Thomas B Marlow Program Manager | 44.24 | $148,652 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Bmt Canada Ltd Research Service Provider - Pipelines | 12/30/21 | $1,818,727 |
Blade Energy Partners Llc Research Service Provider - Pipelines | 12/30/21 | $677,760 |
Adv Integrity Inc Research Service Provider - Pipelines | 12/30/21 | $660,787 |
Dnv Gl Usa Inc Research Service Provider - Pipelines | 12/30/21 | $610,440 |
Center Reliable Energy Systems (Dba Cres Research Service Provider - Pipelines | 12/30/21 | $592,842 |
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 | $15,440,408 |
| Investment income | $276,557 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $1,629,236 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$11,755 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $17,544,537 |
| 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. | $667,945 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,693,624 |
| Pension plan accruals and contributions | $118,155 |
| Other employee benefits | $216,566 |
| Payroll taxes | $153,110 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $25,645 |
| Fees for services: Accounting | $58,223 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $123,009 |
| Advertising and promotion | $79,474 |
| Office expenses | $140,041 |
| Information technology | $198,880 |
| Royalties | $906,698 |
| Occupancy | $1,090,879 |
| Travel | $49,685 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $207,085 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $252,246 |
| Insurance | $50,136 |
| All other expenses | $0 |
| Total functional expenses | $15,107,352 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,673,601 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $1,293,777 |
| Accounts receivable, net | $436,107 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $57,524 |
| Prepaid expenses and deferred charges | $275,160 |
| Net Land, buildings, and equipment | $625,935 |
| Investments—publicly traded securities | $13,598,587 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $96,398 |
| Total assets | $19,057,089 |
| Accounts payable and accrued expenses | $2,718,160 |
| Grants payable | $0 |
| Deferred revenue | $1,917,348 |
| 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 | $228,663 |
| Total liabilities | $4,864,171 |
| Net assets without donor restrictions | $10,367,900 |
| Net assets with donor restrictions | $3,825,018 |
| 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 | $19,057,089 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Pipeline Research Council International Inc has recieved totaling $115,655.
| Awarding Organization | Amount |
|---|---|
Cal Poly Corporation San Luis Obispo, CA PURPOSE: SUBAWARD UNDER SPONSORED PROGRAMS GRANT | $115,655 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Ocean Pines Association Inc Berlin, MD | $44,855,857 | $18,056,839 |
Pipeline Research Council International Inc Chantilly, VA | $19,057,089 | $17,544,537 |
American Association Of University Professors Washington, DC | $14,341,137 | $8,888,177 |
Virginia Society Of Certified Public Accountants Glen Allen, VA | $7,638,918 | $5,705,008 |
Pipe Line Contractors Association Arlington, VA | $3,589,636 | $6,412,897 |
Maryland Association Of Certified Public Accountants Towson, MD | $5,874,281 | $4,922,234 |
Tennessee Society Of Certified Public Accountants Brentwood, TN | $4,364,880 | $3,240,812 |
Learning Undefeated Inc Gaithersburg, MD | $6,516,289 | $2,709,054 |
The Surplus Lines Association Of North Carolina Raleigh, NC | $12,949,553 | $5,323,982 |
Orthoforum Inc Knoxville, TN | $4,583,324 | $2,767,682 |
United Association Of Journeymen & Apprentices Of The Plumbing & Pipe Nashville, TN | $4,408,453 | $2,757,970 |
National Utility Contractors Association Inc Fairfax, VA | $2,626,638 | $2,535,336 |