Civic Intelligence

Liquid Energy Pipelines Association

990 • Fiscal year 2021 • EIN 94-3484420

Jan 01, 2021 to Dec 31, 2021 • Filed on Sep 06, 2022

900 17th St NW 600Washington, DC 20006

(202) 292-4500

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

15th percentile

0.00x

Higher debt load relative to assets than 15% of similar nonprofits.

2021 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

13th percentile

0.00x

Higher debt load relative to revenue than 13% of similar nonprofits.

2021 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2021

Net Margin

57th percentile

14%

Higher net margin than 57% of similar nonprofits.

2021 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

100th percentile

$852,352

Higher top officer pay than 100% of similar nonprofits.

Top officer pay equals 18.4% of source-year revenue.

2021 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2021

Asset Growth

71st percentile

21%

Faster asset growth than 71% of similar nonprofits.

2021 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

25th percentile

-4.2%

Faster revenue growth than 25% of similar nonprofits.

2021 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Assets

Up

$3,889,858

Up $684,202 (+21%) from 2020

Net Assets

Up

$3,880,693

Up $681,508 (+21%) from 2020

Liabilities

Up

$9,165

Up $2,694 (+42%) from 2020

Revenue

Down

$4,623,093

Down $203,245 (-4.2%) from 2020

Expenses

Up

$3,993,702

Up $14,707 (+0.4%) from 2020

Net Income

Down

$629,391

Down $217,952 (-26%) from 2020

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$4.0M$3.0M$2.0M$1.0M$0Assets 2011: $1,390,299Liabilities 2011: $0Net Assets 2011: $1,390,2992011Assets 2012: $1,545,489Liabilities 2012: $0Net Assets 2012: $1,545,4892012Assets 2013: $1,534,531Liabilities 2013: $0Net Assets 2013: $1,534,5312013Assets 2014: $1,793,540Liabilities 2014: $0Net Assets 2014: $1,793,5402014Assets 2015: $1,876,379Liabilities 2015: $0Net Assets 2015: $1,876,3792015Assets 2016: $2,134,921Liabilities 2016: $0Net Assets 2016: $2,134,9212016Assets 2017: $2,014,862Liabilities 2017: $0Net Assets 2017: $2,014,8622017Assets 2018: $2,325,108Liabilities 2018: $7,517Net Assets 2018: $2,317,5912018Assets 2019: $2,314,729Liabilities 2019: $5,864Net Assets 2019: $2,308,8652019Assets 2020: $3,205,656Liabilities 2020: $6,471Net Assets 2020: $3,199,1852020Assets 2021: $3,889,858Liabilities 2021: $9,165Net Assets 2021: $3,880,6932021Assets 2022: $1,757,091Liabilities 2022: $5,040Net Assets 2022: $1,752,0512022Assets 2023: $1,489,986Liabilities 2023: $8,525Net Assets 2023: $1,481,4612023Assets 2024: $2,521,220Liabilities 2024: $18,256Net Assets 2024: $2,502,9642024

Highlighted filing

2021

Assets$3,889,858
Liabilities$9,165
Net Assets$3,880,693

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$10M$5.0M$0-$5.0MRevenue 2011: $2,776,023Expenses 2011: $2,496,457Net Income 2011: $279,5662011Expenses 2012: $2,602,1202012Revenue 2013: $2,923,978Expenses 2013: $2,934,936Net Income 2013: -$10,9582013Revenue 2014: $3,378,707Expenses 2014: $3,119,698Net Income 2014: $259,0092014Revenue 2015: $3,971,665Expenses 2015: $3,888,826Net Income 2015: $82,8392015Revenue 2016: $3,979,079Expenses 2016: $3,720,537Net Income 2016: $258,5422016Revenue 2017: $4,063,993Expenses 2017: $4,184,052Net Income 2017: -$120,0592017Revenue 2018: $4,180,275Expenses 2018: $3,862,793Net Income 2018: $317,4822018Revenue 2019: $4,286,555Expenses 2019: $4,344,876Net Income 2019: -$58,3212019Revenue 2020: $4,826,338Expenses 2020: $3,978,995Net Income 2020: $847,3432020Revenue 2021: $4,623,093Expenses 2021: $3,993,702Net Income 2021: $629,3912021Revenue 2022: $4,683,657Expenses 2022: $6,740,612Net Income 2022: -$2,056,9552022Revenue 2023: $5,533,324Expenses 2023: $5,930,329Net Income 2023: -$397,0052023Revenue 2024: $5,912,045Expenses 2024: $4,940,566Net Income 2024: $971,4792024

Highlighted filing

2021

Revenue$4,623,093
Expenses$3,993,702
Net Income$629,391
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Sep 6, 2022
Return Version
2021v4.2
Gross Receipts
$4,623,093
Mission and Program Overview

Mission

To participate in and keep members informed about federal and state regulatory, policy, legislative and legal matters that affect the oil pipeline industry, and to educate and inform the public and stakeholders about the oil pipeline industry.

To participate in and keep members informed about federal and state regulatory, policy, legislative and legal matters that affect the liquid energy pipeline industry, and to educate and inform the public and stakeholders about the liquid energy pipeline industry.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$1,234,922$2,899,843▲ $1,664,921
Investments Other Securities$1,500,000$500,000▼ $1,000,000
Total Assets$3,205,656$3,889,858▲ $684,202
Other Assets Total$470,734$490,015▲ $19,281
Liabilities
Accounts Payable and Accrued Expenses$6,471$9,165▲ $2,694
Total Liabilities$6,471$9,165▲ $2,694
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$3,199,185$3,880,693▲ $681,508
Total Net Assets Fund Balance$3,199,185$3,880,693▲ $681,508
Total Liabilities and Net Assets / Fund Balance$3,205,656$3,889,858▲ $684,202

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$62--
Other Securities$500,000--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Andrew BlackPresident and CEOFT$695,169$157,183$852,352
Steven KramerSenior VP and Corp. SecretaryFT$394,314$138,185$532,499
John H StoodyVP, Government & Public RelationsFT$300,250$116,036$416,286
Natalie WebbDigital Communications ManagerFT$120,250$28,851$149,101
Merritt AllaunParalegal and Industry AnalystFT$104,850$34,531$139,381
Karen WhiteExecutive AssistantFT$105,286$21,701$126,987

Board Members and Trustees

NameTitle
Graham BaconChair
Tad TrueImmediate Past Chair
Joseph a Blount JrVice Chair-treasurer
Bill HollisDirector
Dax SandersDirector
Kevin BurdickDirector
Mike MearsDirector
Shawn LyonDirector
Todd DentonDirector
Vern YuDirector - Former
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$4,613,089
Investment Income
$9,103
Other Revenue
$901
Change in Net Assets
$629,391
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,347,999
Other Expenses$1,645,703
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees---$1,801,138
Conferences and Meetings---$471,341
Other Salaries and Wages---$334,085
Occupancy---$248,871
Fees for Services Legal---$166,766
Advertising---$156,452
Information Technology---$88,613
Payroll Taxes---$88,545
Other Employee Benefits---$82,205
All Other Expenses---$61,136
Other Expenses---$55,940
Office Expenses---$55,590
Pension Plan Contributions---$42,026
Travel---$26,808
Fees for Services Accounting---$25,109
Insurance---$12,103
Total Functional Expenses$0$0$0$3,993,702
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
In-house lobbying only
No
Subject to proxy tax
Yes

Reported Spending and Taxes

Line ItemAmount
Current Year Nondeductible Lobbying and Political Cost$66,826
Total Nondeductible Lobbying and Political Cost$66,826
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

The association is comprised of a single type of member. Any pipeline or company owning an interest in or operating a pipeline transporting petroleum, petroleum products, or other liquids is eligible for membership in the association.

Form 990, Part VI, Section A, Line 7A

All members have equal voting rights. Members act by majority vote.

Form 990, Part VI, Section A, Line 7B

Members elect board and executive committee members and may vote on removal of board members and calling of a special meeting of the membership.

Form 990, Part VI, Section B, Line 11B

The association's board of directors reviews the form 990 prior to being filed and is also reviewed by management upon finalization and approval by the board of the return.

Form 990, Part VI, Section B, Line 12C

Disclosure forms are signed by the association's governing board, officers and employees. Procedures to manage conflicts involve the chair of the board of directors. The chair will determine (for each interest disclosed): (a) determine whether to take action; (b) assure full disclosure to the board of directors and other individuals covered by this policy; (c) ask the person to recuse herself or himself from participation in related discussions or decisions within the association; or (d) ask the person to resign from his or her position in the association or, if the person refuses to resign, become subject to possible removal in accordance with the association's removal procedures. The association's president-ceo will monitor proposed or ongiong transactions for conflicts of interest and disclose them to the chair of the board of directors in order to deal with potential or actual conflicts, whether discovered before or after the transaction has occurred.

Form 990, Part VI, Section B, Line 15

Review and approval: the board of directors will approve the compensation of the association's staff. Conflict of interest: any member of the board of director with conflicts of interest with respect to the compensation of any member of the staff shall not be involved in this review and approval. Documentation: decisions regarding compensation shall be documented and records retained.

Form 990, Part VI, Section C, Line 19

The association's form 990, bylaws, articles of incorporation, and financial statements are available for public inspection upon request at the association's office.

Filing and Contact Details

Filer

Filer Name
Liquid Energy Pipeline Association
EIN
94-3484420
Phone
2022924500
Address
900 17TH ST NW 600, WASHINGTON, DC 20006

Signing Officer

Name
Andrew Black
Title
President and CEO
Phone
2022924500
Signed
2022-09-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Andrew Black
Formed
2009
Legal Domicile
Dc
Voting Board Members
9
Independent Board Members
9
Employees
6
Volunteers
10

Preparer

Firm
Renner and Company CPA Pc
Address
700 NORTH FAIRFAX STREET SUITE 400, ALEXANDRIA, VA 22314
Preparer
Andrew E Young CPA
Phone
7035351200
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

The association has not changed this process from the prior year. The board is responsible for the selection of the independent accountants and oversight of the independent financial statement review during the year.

Financial Statement Notes

PART X, LINE 2:

In accounting for uncertainty in income taxes, accounting standards require an entity to recognize the financial statement impact of a tax position when it is more-likely-than-not that the position will not be sustained upon examination. Management has evaluated the association's tax positions and concluded there are no uncertain tax positions that require adjustment to the financial statements to comply with provisions of this guidance.

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IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIR-TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt2IMMEDIATE PAST CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR - FORMER
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10PRESIDENT AND CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt11SENIOR VP AND CORP. SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt12VP, GOVERNMENT & PUBLIC RELATIONS
IRS990/Form990PartVIISectionAGrp/TitleTxt13EXECUTIVE ASSISTANT
IRS990/Form990PartVIISectionAGrp/TitleTxt14PARALEGAL AND INDUSTRY ANALYST
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIGITAL COMMUNICATIONS MANAGER
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02009
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt04623093
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt06
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/TotalAmt088613
IRS990/InsuranceGrp/TotalAmt012103
IRS990/InvestmentIncomeGrp/ExclusionAmt09103
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt09103
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt01500000
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt0500000
IRS990/IRPDocumentCnt09
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0DC
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PARTICIPATE IN AND KEEP MEMBERS INFORMED ABOUT FEDERAL AND STATE REGULATORY, POLICY, LEGISLATIVE AND LEGAL MATTERS THAT AFFECT THE LIQUID ENERGY PIPELINE INDUSTRY, AND TO EDUCATE AND INFORM THE PUBLIC AND STAKEHOLDERS ABOUT THE LIQUID ENERGY PIPELINE INDUSTRY.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NameChangeInd0X
IRS990/NetAssetsOrFundBalancesBOYAmt03199185
IRS990/NetAssetsOrFundBalancesEOYAmt03880693
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt052117
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt03199185
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt03880693
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt0248871
IRS990/OfficeExpensesGrp/TotalAmt055590
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0470734
IRS990/OtherAssetsTotalGrp/EOYAmt0490015
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt082205
IRS990/OtherExpensesGrp/Desc0PRCI MEMBERSHIP
IRS990/OtherExpensesGrp/Desc1PIPELINE SAFETY
IRS990/OtherExpensesGrp/Desc2PUBLICATIONS & SUBSCRIP
IRS990/OtherExpensesGrp/Desc3EMERGENCY RESPONSE
IRS990/OtherExpensesGrp/TotalAmt0138785
IRS990/OtherExpensesGrp/TotalAmt180373
IRS990/OtherExpensesGrp/TotalAmt257816
IRS990/OtherExpensesGrp/TotalAmt355940
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0901
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0901
IRS990/OtherRevenueTotalAmt0901
IRS990/OtherSalariesAndWagesGrp/TotalAmt0334085
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt088545
IRS990/PensionPlanContributionsGrp/TotalAmt042026
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0ANDREW BLACK
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/Desc0MEMBERSHIP DUES
IRS990/ProgramServiceRevenueGrp/Desc1MEETINGS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt04292452
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1320637
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt04292452
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1320637
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt04762807
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt063531
IRS990/PYOtherExpensesAmt01704548
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0847343
IRS990/PYSalariesCompEmpBnftPaidAmt02274447
IRS990/PYTotalExpensesAmt03978995
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt04826338
IRS990/ReconcilationRevenueExpnssAmt0629391
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/ScheduleBRequiredInd00
IRS990ScheduleC/AggregateReportedDuesNtcAmt0429245
IRS990ScheduleC/AgreeCarryoverPriorYearInd00
IRS990ScheduleC/DuesAssessmentsAmt04292452
IRS990ScheduleC/NonDeductibleLbbyngPltclCYAmt066826
IRS990ScheduleC/NonDeductibleLbbyngPltclTotAmt066826
IRS990ScheduleC/OnlyInHouseLobbyingInd00
IRS990ScheduleC/SubstantiallyAllDuesNondedInd00
IRS990ScheduleC/TaxableAmt0-362419
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0433446
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt156507
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt262
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0CONTRIBUTIONS - 457F PLAN
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2DUE FROM EMPLOYEES
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt0500000
IRS990ScheduleD/OtherSecuritiesGrp/Desc0CERTIFICATES OF DEPOSIT
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0IN ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, ACCOUNTING STANDARDS REQUIRE AN ENTITY TO RECOGNIZE THE FINANCIAL STATEMENT IMPACT OF A TAX POSITION WHEN IT IS MORE-LIKELY-THAN-NOT THAT THE POSITION WILL NOT BE SUSTAINED UPON EXAMINATION. MANAGEMENT HAS EVALUATED THE ASSOCIATION'S TAX POSITIONS AND CONCLUDED THERE ARE NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH PROVISIONS OF THIS GUIDANCE.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0490015
IRS990ScheduleD/TotalBookValueSecuritiesAmt0500000
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/IndependentConsultantInd0X
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0695169
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt1394314
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt2300250
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount090000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount164000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount250000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt040283
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt141327
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt236650
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt026900
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt132858
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt229386
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0ANDREW BLACK
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1STEVEN KRAMER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm2JOHN H STOODY
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT AND CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1SENIOR VP AND CORP. SECRETARY
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt2VP, GOVERNMENT & PUBLIC RELATIONS
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0852352
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt1532499
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt2416286
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt20
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0BLACK, ANDREW - $118,619
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 4B
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd01
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ASSOCIATION IS COMPRISED OF A SINGLE TYPE OF MEMBER. ANY PIPELINE OR COMPANY OWNING AN INTEREST IN OR OPERATING A PIPELINE TRANSPORTING PETROLEUM, PETROLEUM PRODUCTS, OR OTHER LIQUIDS IS ELIGIBLE FOR MEMBERSHIP IN THE ASSOCIATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ALL MEMBERS HAVE EQUAL VOTING RIGHTS. MEMBERS ACT BY MAJORITY VOTE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MEMBERS ELECT BOARD AND EXECUTIVE COMMITTEE MEMBERS AND MAY VOTE ON REMOVAL OF BOARD MEMBERS AND CALLING OF A SPECIAL MEETING OF THE MEMBERSHIP.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ASSOCIATION'S BOARD OF DIRECTORS REVIEWS THE FORM 990 PRIOR TO BEING FILED AND IS ALSO REVIEWED BY MANAGEMENT UPON FINALIZATION AND APPROVAL BY THE BOARD OF THE RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DISCLOSURE FORMS ARE SIGNED BY THE ASSOCIATION'S GOVERNING BOARD, OFFICERS AND EMPLOYEES. PROCEDURES TO MANAGE CONFLICTS INVOLVE THE CHAIR OF THE BOARD OF DIRECTORS. THE CHAIR WILL DETERMINE (FOR EACH INTEREST DISCLOSED): (A) DETERMINE WHETHER TO TAKE ACTION; (B) ASSURE FULL DISCLOSURE TO THE BOARD OF DIRECTORS AND OTHER INDIVIDUALS COVERED BY THIS POLICY; (C) ASK THE PERSON TO RECUSE HERSELF OR HIMSELF FROM PARTICIPATION IN RELATED DISCUSSIONS OR DECISIONS WITHIN THE ASSOCIATION; OR (D) ASK THE PERSON TO RESIGN FROM HIS OR HER POSITION IN THE ASSOCIATION OR, IF THE PERSON REFUSES TO RESIGN, BECOME SUBJECT TO POSSIBLE REMOVAL IN ACCORDANCE WITH THE ASSOCIATION'S REMOVAL PROCEDURES. THE ASSOCIATION'S PRESIDENT-CEO WILL MONITOR PROPOSED OR ONGIONG TRANSACTIONS FOR CONFLICTS OF INTEREST AND DISCLOSE THEM TO THE CHAIR OF THE BOARD OF DIRECTORS IN ORDER TO DEAL WITH POTENTIAL OR ACTUAL CONFLICTS, WHETHER DISCOVERED BEFORE OR AFTER THE TRANSACTION HAS OCCURRED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5REVIEW AND APPROVAL: THE BOARD OF DIRECTORS WILL APPROVE THE COMPENSATION OF THE ASSOCIATION'S STAFF. CONFLICT OF INTEREST: ANY MEMBER OF THE BOARD OF DIRECTOR WITH CONFLICTS OF INTEREST WITH RESPECT TO THE COMPENSATION OF ANY MEMBER OF THE STAFF SHALL NOT BE INVOLVED IN THIS REVIEW AND APPROVAL. DOCUMENTATION: DECISIONS REGARDING COMPENSATION SHALL BE DOCUMENTED AND RECORDS RETAINED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE ASSOCIATION'S FORM 990, BYLAWS, ARTICLES OF INCORPORATION, AND FINANCIAL STATEMENTS ARE AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST AT THE ASSOCIATION'S OFFICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THE ASSOCIATION HAS NOT CHANGED THIS PROCESS FROM THE PRIOR YEAR. THE BOARD IS RESPONSIBLE FOR THE SELECTION OF THE INDEPENDENT ACCOUNTANTS AND OVERSIGHT OF THE INDEPENDENT FINANCIAL STATEMENT REVIEW DURING THE YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, SECTION C, LINE 19

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.52$0.02$2.50$5.91$4.94$0.97
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.49$0.01$1.48$5.53$5.93$0.40
2022Detailed filing. Detailed filing data is available for this year.$1.76$0.01$1.75$4.68$6.74$2.06
2021Detailed filing. Detailed filing data is available for this year.$3.89$0.01$3.88$4.62$3.99$0.63
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.21$0.01$3.20$4.83$3.98$0.85
2019Detailed filing. Detailed filing data is available for this year.$2.31$0.01$2.31$4.29$4.34$0.06
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.33$0.01$2.32$4.18$3.86$0.32
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.01$0.00$2.01$4.06$4.18$0.12
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.13$0.00$2.13$3.98$3.72$0.26
2015Detailed filing. Detailed filing data is available for this year.$1.88$0.00$1.88$3.97$3.89$0.08
2014Detailed filing. Detailed filing data is available for this year.$1.79$0.00$1.79$3.38$3.12$0.26
2013Summary only. Only limited summary data is available for this year.$1.53$0.00$1.53$2.92$2.93$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.55$0.00$1.55$2.60
2011Summary only. Only limited summary data is available for this year.$1.39$0.00$1.39$2.78$2.50$0.28