Ductile Iron Pipe Research Assn
- Assets
- $1.2m
- Revenue
- $5.4m
- Investments
- $0.0
- Employees
- 11
- Location
- Birmingham, AL
- Founding
- 12/1924
- Data as of
- 12/2021
- EIN
- 36-0879010
Organization Overview
Ductile Iron Pipe Research Assn is located in Birmingham, AL. The organization was established in 1924. According to its NTEE Classification (U42) the organization is classified as: Engineering, under the broad grouping of Science & Technology and related organizations. As of 12/2021, Ductile Iron Pipe Research Assn employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ductile Iron Pipe Research Assn 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, Ductile Iron Pipe Research Assn generated $5.4m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 6.6% each year. All expenses for the organization totaled $5.4m during the year ending 12/2021. While expenses have increased by 6.7% per year over the past 6 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO FOSTER PUBLIC SERVICE BY CONDUCTING RESEARCH AND PROVIDING ACCURATE, RELIABLE ENGINEERING INFORMATION ABOUT ITS MEMBERS' PRODUCTS TO A VARIETY OF PIPE USERS AND SPECIFIERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONDUCTING RESEARCH AND TESTING FOR MEMBERS, ADVERTISING AND PUBLICITY FOR DUCTILE IRON PIPE INDUSTRY, PUBLICATION OF HANDBOOKS AND TECHNICAL MATERIALS, PROVIDING EDUCATIONAL PROGRAMS AND ASSISTANCE TO CONSULTING ENGINEERS AND UTILITIES, AND DISSEMINATION OF SPECIFICATIONS AND STANDARDS.(1) CONDUCTING RESEARCH AND TESTING FOR MEMBERS(2) ADVERTISING AND PUBLICITY FOR DUCTILE IRON PIPE INDUSTRY(3) PUBLICATIONS OF HANDBOOKS AND TECHNICAL MATERIALS(4) PROVIDING EDUCATIONAL PROGRAMS AND ASSISTANCE TO CONSULTING ENGINEERS AND UTILITIES(5) DISSEMINATION OF SPECIFICATIONS AND STANDARDS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Patrick Hogan President | Officer | 40 | $236,312 |
L Gregg Horn VP Technical Services | 40 | $194,431 | |
Allen Cox Regional Director | 40 | $154,926 | |
Paul H Hanson Regional Director | 40 | $154,474 | |
Jeff S Otterstedt Treasurer | OfficerTrustee | 1 | $0 |
Vik Bhatia Chairman | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Watermark Inc Marketing | 12/30/21 | $620,480 |
Dci Group Az Llc Public Affairs/coalition Management | 12/30/21 | $567,829 |
Bradley Arant Boult & Cummings Legal Services | 12/30/21 | $1,285,891 |
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 | $5,284,566 |
| Investment income | $89 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,407,671 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,201,067 |
| Pension plan accruals and contributions | $123,406 |
| Other employee benefits | $0 |
| Payroll taxes | $87,871 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $164,226 |
| Fees for services: Accounting | $28,639 |
| Fees for services: Lobbying | $1,720,583 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $66,516 |
| Advertising and promotion | $621,928 |
| Office expenses | $63,178 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $18,208 |
| Travel | $42,277 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $28,164 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $181,582 |
| All other expenses | $120,291 |
| Total functional expenses | $5,409,274 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,195,921 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,195,921 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| 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 | $1,195,921 |
| Total liabilities and net assets/fund balances | $1,195,921 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
W G Yates & Sons Construction Co & Affl Companies Emplyees Med Ben Pl Philadelphia, MS | $374,510 | $14,283,332 |
Ductile Iron Pipe Research Assn Birmingham, AL | $1,195,921 | $5,407,671 |
Memphis Construction Benefit Fund Goodlettsville, TN | $6,890,187 | $3,000,940 |
American Council Of Engineering Companies Of Ga Atlanta, GA | $798,765 | $1,642,968 |
International Union Of Operating Engineers Cordova, TN | $3,221,802 | $1,188,730 |
Florida Engineering Society Inc Tallahassee, FL | $3,195,211 | $906,061 |
International Union Of Operating Engineers O E U 474 Pooler, GA | $5,905,532 | $983,203 |
Construction Association Of Florida Inc Fort Lauderdale, FL | $2,796,235 | $745,414 |
International Union Of Operating Engineer 312 Birmingham, AL | $3,072,917 | $787,293 |
American Society Of Civil Engineers Lake Worth, FL | $852,858 | $713,075 |
Engineering Association Inc Knoxville, TN | $1,170,123 | $632,440 |
Georgia Construction Aggregate Association Inc Duluth, GA | $666,579 | $485,142 |