Pipe Liners Club
- Assets
- $174.0k
- Revenue
- $849.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Houston, TX
- Founding
- 04/1955
- Data as of
- 12/2022
- EIN
- 74-6062483
Organization Overview
Pipe Liners Club is located in Houston, TX. The organization was established in 1955. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pipe Liners Club 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 12/2022, Pipe Liners Club generated $849.8k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.4%) each year. All expenses for the organization totaled $1.6m during the year ending 12/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
FORUM TO ACQUIRE AND DISSEMINATE VALUABLE TECHNICAL AND BUSINESS INFORMATION FOR THE PIPELINE INDUSTRY. FOSTER AND PROMOTE THE ADVANCEMENT OF THE PIPELINE ENGINEERING AND OPERATING PRACTICES FOR THE MUTUAL BENEFIT OF THE MEMBERS OF THE INDUSTRY. STUDY AND INTERCHANGE KNOWLEDGE AND IDEAS RELATIVE TO THE PIPELINE INDUSTRY. PROVIDE SCHOLARSHIPS TO DESERVING COLLEGE STUDENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
AWARED SCHOLARSHIPS TO DESERVING COLLEGE STUDENTS OF ACCREDITED COLLEGES AND UNIVERSITIES.
HELD DINNER MEETINGS FOR THE PURPOSE OF EXCHANGE OF TECHNICAL INFORMATION RELATED TO THE PIPELINE INDUSTRY. A TECHNICAL PRESENTATION IS MADE AT EACH DINNER FOR THE PURPOSE OF EDUCATING MEMBERS ON CURRENT TECHNOLOGY, PRACTICES AND REGULATIONS PERTAINING TO THE INDUSTRY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jim Hughes President | OfficerTrustee | $0 | |
Alex Mcconnel Vice Preside | Officer | $0 | |
Paul Prodoehl Treasurer | Officer | $0 | |
Tim Levrier Secretary | Officer | $0 | |
Andrew Bermack Assistant Se | Officer | $0 | |
Gary Daileda Director | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $100,200 |
| 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 | $100,200 |
| Total Program Service Revenue | $197,702 |
| Investment income | $118 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $516,860 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $849,765 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $340,205 |
| Grants and other assistance to domestic individuals. | $995,554 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $23,300 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $40,968 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $81,257 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $367 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,924 |
| All other expenses | $554 |
| Total functional expenses | $1,554,930 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $60,170 |
| Savings and temporary cash investments | $100,103 |
| 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 | $13,771 |
| 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 | $174,044 |
| 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 | $82,834 |
| Total liabilities | $82,834 |
| Net assets without donor restrictions | $91,210 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $174,044 |