Texas Pipeline Association
- Assets
- $1.4m
- Revenue
- $1.0m
- Investments
- $0.0
- Employees
- 3
- Location
- Austin, TX
- Founding
- 07/1984
- Data as of
- 12/2023
- EIN
- 74-2256742
Organization Overview
Texas Pipeline Association is located in Austin, TX. The organization was established in 1984. According to its NTEE Classification (W80) the organization is classified as: Public Utilities, under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2023, Texas Pipeline Association employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Texas Pipeline Association 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, Texas Pipeline Association generated $1.0m in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (1.4%) each year. All expenses for the organization totaled $1.3m during the year ending 12/2023. 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
MONITORING LEGISLATION AND REGULATIONS, ATTENDING HEARINGS ON LEGISLATION, GIVING TESTIMONY ON AND/OR SUBMITTING COMMENTS ON LEGISLATION OR PROPOSED REGULATIONS AFFECTING THE ORGANIZATIONS MEMBERSHIP.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION MONITORED PENDING AND PROPOSED LEGISLATION, RULES AND REGULATIONS, ATTENDED HEARINGS AND FILED COMMENTS ON LEGISLATION, RULES AND REGULATIONS AFFECTING ITS MEMBERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Thure Cannon President | Officer | 40 | $257,250 |
Jennifer Coffee Legislative Director General Counsel | Officer | 40 | $159,996 |
Sheryl Jett Assist To The President | Officer | 40 | $75,000 |
Shay Bluntzer Director/exec Comm | OfficerTrustee | 1 | $0 |
Vincent Dicosimo Chairman | OfficerTrustee | 1 | $0 |
Leon Banta Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $1,035,750 |
| 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 | $1,035,750 |
| Total Program Service Revenue | $0 |
| Investment income | $6,961 |
| 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 | $1,042,711 |
| 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. | $492,250 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $119,500 |
| Pension plan accruals and contributions | $73,410 |
| Other employee benefits | $30,421 |
| Payroll taxes | $34,100 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $275,725 |
| Fees for services: Accounting | $7,297 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $73,144 |
| Advertising and promotion | $0 |
| Office expenses | $3,714 |
| Information technology | $9,061 |
| Royalties | $0 |
| Occupancy | $40,553 |
| Travel | $25,379 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $11,725 |
| Conferences, conventions, and meetings | $29,623 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $40,000 |
| Total functional expenses | $1,293,076 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,380,458 |
| 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 | $1,380,458 |
| 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 | $1,380,458 |
| Total liabilities and net assets/fund balances | $1,380,458 |