Civic Intelligence

Piping Industry Progress and Education Labor-Management Cooperation Committee

990 • Fiscal year 2014 • EIN 95-3942172

Jan 01, 2014 to Dec 31, 2014 • Filed on Nov 16, 2015

501 Shatto Pl Ste 200Los Angeles, CA 90020

(213) 382-5255

Siviq Scores

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

Liabilities / Assets

49th percentile

0.04x

Higher debt load relative to assets than 49% of similar nonprofits.

2014 filings • 501(c)5 • $10M-$25M nonprofits • Source year 2014

Liabilities / Revenue

56th percentile

0.09x

Higher debt load relative to revenue than 56% of similar nonprofits.

2014 filings • 501(c)5 • $10M-$25M nonprofits • Source year 2014

Net Margin

83rd percentile

22%

Higher net margin than 83% of similar nonprofits.

2014 filings • 501(c)5 • $10M-$25M nonprofits • Source year 2014

Top Officer Pay

37th percentile

$187,117

Higher top officer pay than 37% of similar nonprofits.

Top officer pay equals 4.4% of source-year revenue.

2014 filings • 501(c)5 • $10M-$25M nonprofits • Source year 2014

Asset Growth

77th percentile

13%

Faster asset growth than 77% of similar nonprofits.

2014 filings • 501(c)5 • $10M-$25M nonprofits • Annualized from 2013 to 2014

Revenue Growth

98th percentile

37%

Faster revenue growth than 98% of similar nonprofits.

2014 filings • 501(c)5 • $10M-$25M nonprofits • Annualized from 2013 to 2014

Assets

Up

$10,859,470

Up $1,210,880 (+13%) from 2013

Net Assets

Up

$10,465,569

Up $1,000,501 (+11%) from 2013

Liabilities

Up

$393,901

Up $210,379 (+115%) from 2013

Revenue

Up

$4,228,048

Up $1,144,878 (+37%) from 2013

Expenses

Up

$3,308,793

Up $148,058 (+4.7%) from 2013

Net Income

Up

$919,255

Up $996,820 (+1285%) from 2013

Historical Trend

Balance Sheet Trend

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

$30M$20M$10M$0Assets 2011: $8,598,684Liabilities 2011: $182,096Net Assets 2011: $8,416,5882011Assets 2012: $9,360,724Liabilities 2012: $233,528Net Assets 2012: $9,127,1962012Assets 2013: $9,648,590Liabilities 2013: $183,522Net Assets 2013: $9,465,0682013Assets 2014: $10,859,470Liabilities 2014: $393,901Net Assets 2014: $10,465,5692014Assets 2015: $12,940,500Liabilities 2015: $410,191Net Assets 2015: $12,530,3092015Assets 2016: $14,520,969Liabilities 2016: $326,375Net Assets 2016: $14,194,5942016Assets 2017: $17,606,949Liabilities 2017: $410,752Net Assets 2017: $17,196,1972017Assets 2018: $19,585,986Liabilities 2018: $1,916,070Net Assets 2018: $17,669,9162018Assets 2019: $22,340,829Liabilities 2019: $1,723,067Net Assets 2019: $20,617,7622019Assets 2020: $25,205,137Liabilities 2020: $1,585,389Net Assets 2020: $23,619,7482020Assets 2021: $27,513,012Liabilities 2021: $1,546,061Net Assets 2021: $25,966,9512021Assets 2022: $22,610,205Liabilities 2022: $2,009,245Net Assets 2022: $20,600,9602022Assets 2023: $16,633,486Liabilities 2023: $1,528,743Net Assets 2023: $15,104,7432023Assets 2024: $24,207,426Liabilities 2024: $4,291,337Net Assets 2024: $19,916,0892024

Highlighted filing

2014

Assets$10,859,470
Liabilities$393,901
Net Assets$10,465,569

Operations Trend

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

$15M$10M$5.0M$0-$5.0M-$10MRevenue 2011: $2,682,502Expenses 2011: $3,121,413Net Income 2011: -$438,9112011Revenue 2012: $3,245,508Expenses 2012: $2,888,235Net Income 2012: $357,2732012Revenue 2013: $3,083,170Expenses 2013: $3,160,735Net Income 2013: -$77,5652013Revenue 2014: $4,228,048Expenses 2014: $3,308,793Net Income 2014: $919,2552014Revenue 2015: $5,867,099Expenses 2015: $3,567,033Net Income 2015: $2,300,0662015Revenue 2016: $5,582,957Expenses 2016: $3,762,320Net Income 2016: $1,820,6372016Revenue 2017: $6,008,451Expenses 2017: $4,228,036Net Income 2017: $1,780,4152017Revenue 2018: $5,656,233Expenses 2018: $3,680,863Net Income 2018: $1,975,3702018Revenue 2019: $6,089,044Expenses 2019: $4,154,803Net Income 2019: $1,934,2412019Revenue 2020: $5,707,940Expenses 2020: $3,757,182Net Income 2020: $1,950,7582020Revenue 2021: $6,121,246Expenses 2021: $4,616,601Net Income 2021: $1,504,6452021Revenue 2022: $7,071,471Expenses 2022: $11,650,162Net Income 2022: -$4,578,6912022Revenue 2023: $7,827,923Expenses 2023: $13,726,699Net Income 2023: -$5,898,7762023Revenue 2024: $9,691,981Expenses 2024: $5,522,841Net Income 2024: $4,169,1402024

Highlighted filing

2014

Revenue$4,228,048
Expenses$3,308,793
Net Income$919,255
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Nov 16, 2015
Return Version
2014v5.0
Gross Receipts
$4,228,048
Mission and Program Overview

Mission

SEE SCHEDULE O

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Program Related$6,091,305$6,161,624▲ $70,319
Investments in Publicly Traded Securities$1,840,047$1,895,828▲ $55,781
Accounts Receivable$1,035,937$1,553,422▲ $517,485
Savings and Temporary Cash Investments$252,473$858,977▲ $606,504
Land, Buildings, and Equipment, Net$225,812$187,461▼ $38,351
Cash and Non-Interest-Bearing Accounts$161,191$169,267▲ $8,076
Prepaid Expenses and Deferred Charges$41,825$32,891▼ $8,934
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$9,648,590$10,859,470▲ $1,210,880
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$183,522$393,901▲ $210,379
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$183,522$393,901▲ $210,379
Net Assets / Fund Balance
Unrestricted Net Assets$9,465,068$10,465,569▲ $1,000,501
Permanently Rstr Net Assets$0$0→ $0
Temporarily Rstr Net Assets$0$0→ $0
Total Net Assets Fund Balance$9,465,068$10,465,569▲ $1,000,501
Total Liabilities and Net Assets / Fund Balance$9,648,590$10,859,470▲ $1,210,880

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$1,271$84,311$85,582
Investment Program Related Org$-514,816--
Equipment$186,190$276,544-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Mike MasseyExecutive DirectorFT$187,117$187,117
Jaime ValdiviaAsst. Executive DirectorFT$149,531$149,531
David OttersteinAsst. Executive DirectorFT$147,543$147,543

Board Members and Trustees

NameTitle
Jay ChaseChairman/trustee
Charles MartinVice Chairman/trustee
Ray LevangieASST. SEC'Y/TREAS./TRUSTEE
Sid StolperSecretary/treas/trustee
Bill ThompsonTrustee
David ZechTrustee
Don BeckaTrustee
Don OdomTrustee
Don TanakaTrustee
Gary CookTrustee
George HamoriTrustee
Glenn Santa CruzTrustee
Jaimi LomasTrustee
James CunninghamTrustee
Jay LusitaTrustee
Jeff ThomasTrustee
Ken JenkinsTrustee
Mark ForemanTrustee
Matt CalabreseTrustee
Michael DavisTrustee
Ray AngonTrustee
Richard EdwardsTrustee
Richard SawhillTrustee
Rodney CobosTrustee
Steve ClarkTrustee
Steve FosdickTrustee
Steve GomezTrustee
Todd GoldenTrustee
Vincent DiazTrustee
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$3,975,163
Investment Income
$67,852
Other Revenue
$185,033
Change in Net Assets
$919,255
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,791,801
Salaries, Compensation, and Employee Benefits$1,516,992
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Office Expenses---$515,937
Other Employee Benefits---$500,749
Current Officers, Directors, Trustees, and Key Employees---$484,191
Other Salaries and Wages---$463,116
Other Expenses---$190,620
Advertising---$181,244
Occupancy---$123,403
Conferences and Meetings---$105,677
Payroll Taxes---$68,936
Depreciation Depletion---$61,058
Fees for Services Legal---$50,528
All Other Expenses---$45,873
Fees for Services Accounting---$43,500
Travel---$38,584
Insurance---$34,266
Information Technology---$27,931
Interest---$110
Total Functional Expenses$0$0$0$3,308,793
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
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
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
Yes
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Piping Industry Progress and Education
EIN
95-3942172
In Care Of
% JARROD FERRUCCIO
Phone
2133825255
Address
501 SHATTO PL STE 200, LOS ANGELES, CA 90020

Signing Officer

Name
mike layton
Title
secretary treasurer
Phone
2133825255
Signed
2015-11-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
jay chase
Formed
1985
Legal Domicile
CA
Voting Board Members
29
Independent Board Members
29
Employees
16
Volunteers
0

Preparer

Firm
Miller Kaplan Arase Llp
Address
4123 LANKERSHIM BLVD, NORTH HOLLYWOOD, CA 91602-2828
Preparer
Miller Kaplan Arase Llp
Phone
8187692010
Supplemental Narrative

Additional Explanations

PART I - LINE 1; PART III - LINES 1 AND 4A:

TO IMPROVE COMMUNICATION BETWEEN REPRESENTATIVES OF LABOR AND MANAGEMENT IN THE SOUTHERN CALIFORNIA PLUMBING AND PIPEFITTING INDUSTRY; TO PROVIDE WORKERS AND EMPLOYERS WITH OPPORTUNITIES TO STUDY AND EXPLORE NEW AND INNOVATIVE JOINT APPROACHES TO ACHIEVING ORGANIZATIONAL EFFECTIVENESS; TO STUDY AND EXPLORE WAYS OF ELIMINATING POTENTIAL PROBLEMS WHICH REDUCE THE COMPETITIVENESS AND INHIBIT THE ECONOMIC DEVELOPMENT OF THE PLANT, AREA OR INDUSTRY; TO FOSTER IMPROVEMENTS IN OCCUPATIONAL SAFETY AND HEALTH AND OTHER WORKING CONDITIONS IN THE SOUTHERN CALIFORNIA PLUMBING AND PIPEFITTING INDUSTRY; AND TO ENGAGE IN ANY OTHER LAWFUL ACTIVITIES INCIDENTAL OR RELATED TO THE ACCOMPLISHMENT OF THESE PURPOSES. PART VI, LINE 6: THE ORGANIZATION HAS MEMBERS IN THE FORM OF WORKERS AND EMPLOYERS. HOWEVER, THE MEMBERS DO NOT ELECT MEMBERS OF THE GOVERNING BODY NOR ARE ANY DECISIONS OF THE GOVERNING BODY SUBJECT TO APPROVAL BY THE MEMBERS. PART VI, LINE 8B: THE ORGANIZATION DOES NOT HAVE ANY COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. PART VI, LINE 11B: FORM 990 IS REVIEWED BY THE EXECUTIVE DIRECTOR AND THE ACCOUNTANT. PART VI, line 12c: ALL EMPLOYEES AND TRUSTEES ARE REQUIRED TO INFORM THE EXECUTIVE DIRECTOR OF ANY CONFLICTS. ON A REGULAR BASIS, THE EXECUTIVE DIRECTOR INQUIRES ABOUT CHANGES REGARDING CONFLICTS. PART VI, line 15: THE SALARY AND BENEFIT PACKAGE OF THE EXECUTIVE DIRECTOR IS SET AFTER COMPARISON TO OTHER EXECUTIVE DIRECTORS IN COMPARABLE POSITIONS. THE PERFORMANCE OF THE EXECUTIVE DIRECTOR IS REVIEWED BY THE BOARD FIVE TIMES PER YEAR. THE EXECUTIVE COMMITTEE REVIEWS AND APPROVES SALARY AND BENEFIT PACKAGES ANNUALLY. THE FULL BOARD ALSO APPROVES. THE SAME PROCESS IS USED FOR OTHER KEY EMPLOYEES. PART VI, line 16B: ALTHOUGH NOT WRITTEN, P.I.P.E. HAS PROCEDURES IN PLACE TO EVALUATE ANY JOINT VENTURE AGREEMENT BY DETERMINING WHETHER SAID JOINT VENTURE APPEARS TO FOLLOW THE ESTABLISHED PATTERN IN SAFEGUARDING PIPE'S EXEMPT STATUS. AFTER STAFF PERFORMS ITS REVIEW, LEGAL COUNSEL IS SOUGHT TO APPROVE APPLICABILITY. PART VI, line 19: ALL GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS, INCLUDING FORM 990, ARE AVAILABLE TO THE PUBLIC UPON REQUEST, AT THE ORGANIZATION'S PLACE OF BUSINESS.

Financial Statement Notes

PART X LINE 2:

P.i.p.e. Has adopted financial accounting standards board (fasb) guidance on accounting for uncertainty in income taxes. Management evaluated the tax positions and concluded that p.i.p.e. Has taken no uncertain tax positions that require adjustment to the financial statements to comply with the provisions of this guidance. At december 31, 2014, tax returns for p.i.p.e. For the year ended december 31, 2011 and subsequent are subject to examination by taxing authorities. For nitc, tax returns for the year ended december 31, 2012 and subsequent are subject to examination by taxing authorities. Part xi, line 2d: revenue of subsidiary included in consolidated financial statements $2,162,437 part xii, line 2d: expenses of subsidiary included in consolidated financial statements $2,506,102 expenses eliminated upon consolidation (343,665) $2,162,437

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IRS990/Form990PartVIISectionAGrp/PersonNm4STEVE CLARK
IRS990/Form990PartVIISectionAGrp/PersonNm5RICHARD SAWHILL
IRS990/Form990PartVIISectionAGrp/PersonNm6RODNEY COBOS
IRS990/Form990PartVIISectionAGrp/PersonNm7JAMES CUNNINGHAM
IRS990/Form990PartVIISectionAGrp/PersonNm8MICHAEL DAVIS
IRS990/Form990PartVIISectionAGrp/PersonNm9STEVE FOSDICK
IRS990/Form990PartVIISectionAGrp/PersonNm10GEORGE HAMORI
IRS990/Form990PartVIISectionAGrp/PersonNm11DON TANAKA
IRS990/Form990PartVIISectionAGrp/PersonNm12VINCENT DIAZ
IRS990/Form990PartVIISectionAGrp/PersonNm13RICHARD EDWARDS
IRS990/Form990PartVIISectionAGrp/PersonNm14MARK FOREMAN
IRS990/Form990PartVIISectionAGrp/PersonNm15JAY CHASE
IRS990/Form990PartVIISectionAGrp/PersonNm16MATT CALABRESE
IRS990/Form990PartVIISectionAGrp/PersonNm17JAY LUSITA
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IRS990/Form990PartVIISectionAGrp/PersonNm19RAY ANGON
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IRS990/Form990PartVIISectionAGrp/PersonNm25GARY COOK
IRS990/Form990PartVIISectionAGrp/PersonNm26TODD GOLDEN
IRS990/Form990PartVIISectionAGrp/PersonNm27JAIMI LOMAS
IRS990/Form990PartVIISectionAGrp/PersonNm28KEN JENKINS
IRS990/Form990PartVIISectionAGrp/PersonNm29MIKE MASSEY
IRS990/Form990PartVIISectionAGrp/PersonNm30Jaime Valdivia
IRS990/Form990PartVIISectionAGrp/PersonNm31David Otterstein
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IRS990/Form990PartVIISectionAGrp/TitleTxt0SECRETARY/TREAS/TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIRMAN/TRUSTEE
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IRS990/Form990PartVIISectionAGrp/TitleTxt3TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt4TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt5TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt6TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt7TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt8TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt9TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt10TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt11TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt12TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt13TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt14TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt15CHAIRMAN/TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt16TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt17TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt18TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt19TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt20TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt21TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt22TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt23TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt24TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt25TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt26TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt27TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt28TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt29EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt30Asst. Executive Director
IRS990/Form990PartVIISectionAGrp/TitleTxt31Asst. Executive Director
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IRS990/MissionDesc0SEE SCHEDULE O

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.$24.2$4.29$19.9$9.69$5.52$4.17
2023Summary only. Only limited summary data is available for this year.$16.6$1.53$15.1$7.83$13.7$5.90
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$22.6$2.01$20.6$7.07$11.7$4.58
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$27.5$1.55$26.0$6.12$4.62$1.50
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$25.2$1.59$23.6$5.71$3.76$1.95
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$22.3$1.72$20.6$6.09$4.15$1.93
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$19.6$1.92$17.7$5.66$3.68$1.98
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$17.6$0.41$17.2$6.01$4.23$1.78
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$14.5$0.33$14.2$5.58$3.76$1.82
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$12.9$0.41$12.5$5.87$3.57$2.30
2014Detailed filing. Detailed filing data is available for this year.$10.9$0.39$10.5$4.23$3.31$0.92
2013Summary only. Only limited summary data is available for this year.$9.65$0.18$9.47$3.08$3.16$0.08
2012Summary only. Only limited summary data is available for this year.$9.36$0.23$9.13$3.25$2.89$0.36
2011Summary only. Only limited summary data is available for this year.$8.60$0.18$8.42$2.68$3.12$0.44
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2014 filings • 501(c)5 • $10M-$25M nonprofits