2024-11-02T10:26:57-05:00 2023-12-31 470900880 CALIBRE CPA GROUP PLLC 7501 WISCONSIN AVENUE SUITE 1200 WEST BETHESDA MD 20814 990 2023-01-01 237379267 PIPE LINE INDUSTRY ADVANCEMENT FUND PIPE 5715702700 3100 CLARENDON BOULEVARD 620 ARLINGTON VA 22201 ELIZABETH WORRELL FUND ADMINISTRATOR 5715702700 2024-10-30 1 1 KRISTIN A JACQUELIN CPA P01325865 2023319880 2024-11-02 2023 2024-10-15 13:58:12Z ELIZABETH WORRELL 3100 CLARENDON BOULEVARD 620 ARLINGTON VA 22201 3391789 0 X N/A X 1974 VA TO ADVANCE THE BEST INTERESTS OF THE MAIN LINE PIPE LINE CONSTRUCTION INDUSTRY. 3 3 0 0 0 0 0 0 2026459 3312335 36403 79454 0 0 2062862 3391789 2536500 2537500 0 0 0 0 0 0 0 1219178 96725 3755678 2634225 -1692816 757564 5016426 5773990 0 0 5016426 5773990 X THE PURPOSE OF THE TRUST FUND SHALL BE TO ADVANCE THE BEST INTERESTS OF THE MAINLINE PIPELINE CONSTRUCTION INDUSTRY BY ESTABLISHING GOOD PUBLIC RELATIONS, BY MARKET DEVELOPMENT, BY EDUCATION AND RESEARCH, BY NEGOTIATING FAIR AND EQUITABLE COLLECTIVE BARGAINING AGREEMENTS WITH REPRESENTATIVES OF EMPLOYEES ENGAGED IN THE INDUSTRY, BY ENCOURAGING AND DEVELOPING SAFETY, AND GENERALLY TO ENCOURAGE THE USE OF PLCA MEMBER OR OTHER CONTRIBUTING CONTRACTORS FOR THE CONSTRUCTION OF ALL MAINLINE PIPELINES. 0 0 LABOR NEGOTIATIONS AND OTHER MEETINGS WORK DEVELOPMENT AND INDUSTRY OUTREACH PROGRAMS CONVENTION AND MEETINGS FOR PIPE LINE CONTRACTORS 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 X 3 3 0 0 0 0 0 0 0 1 1 0 0 1 1 0 1 0 0 0 0 0 X ELIZABETH WORRELL 5715512464 3100 CLARENDON BLVD SUITE 620 ARLINGTON VA 22201 RONNIE WISE CHARIMAN 1.00 X X 0 0 0 ROB RIESS TRUSTEE 1.00 X 0 0 0 JIMMY CROTTS TRUSTEE 1.00 X 0 0 0 ELIZABETH WORRELL FUND ADMINISTRATOR 15.00 35.00 X 0 525000 48086 KEVIN N BARRETT EXECUTIVE DIRECTOR 15.00 35.00 X 0 298782 49823 BRITTANI HEAD ASSOCIATE LEGAL COUNSEL 10.00 40.00 X 0 196270 34447 JENNIFER CHASE DIRECTOR OF ADMINISTRATION 15.00 35.00 X 0 185660 42132 0 1205712 174488 0 0 1 0 0 EMPLOYER CONTRIBUTIONS 900003 3312335 3312335 3312335 79454 79454 3391789 3312335 0 79454 2537500 13500 82975 250 2634225 725281 473692 1759640 2724712 2531505 2575586 5016426 5773990 0 0 X 5016426 5773990 5016426 5773990 5016426 5773990 757564 0 X X 0 1 X 1 0 0 X 3391789 0 3391789 0 3391789 2634225 0 2634225 0 2634225 PART X, LINE 2: THE FUND IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE (IRC), EXCEPT TO THE EXTENT IT HAS UNRELATED BUSINESS INCOME. FOR THE YEAR ENDED DECEMBER 31, 2023, THE FUND HAD NO MATERIAL NET UNRELATED BUSINESS INCOME. ACCORDINGLY, NO PROVISION FOR FEDERAL INCOME TAX HAS BEEN RECORDED IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE FUND ADHERES TO THE AUTHORITATIVE GUIDANCE RELATING TO ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES INCLUDED IN ASC TOPIC INCOME TAXES. THESE PROVISIONS PROVIDE CONSISTENT GUIDANCE FOR THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ENTITY'S FINANCIAL STATEMENTS AND PRESCRIBE A THRESHOLD OF "MORE LIKELY THAN NOT" FOR RECOGNITION AND DERECOGNITION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE FUND PERFORMED AN EVALUATION OF UNCERTAIN TAX POSITIONS FOR THE YEAR ENDED DECEMBER 31, 2023 AND DETERMINED THAT THERE WERE NO MATTERS THAT WOULD REQUIRE RECOGNITION IN THE FINANCIAL STATEMENTS OR THAT MAY HAVE AN EFFECT ON ITS TAX-EXEMPT STATUS. AS OF DECEMBER 31, 2023, THE STATUTE OF LIMITATIONS FOR TAX YEARS 2020 THROUGH 2022 REMAINS OPEN WITH THE U.S. FEDERAL JURISDICTION AND THE VARIOUS STATES AND LOCAL JURISDICTIONS IN WHICH THE FUND FILES RETURNS. IT IS THE FUND'S POLICY TO RECOGNIZE INTEREST AND/OR PENALTIES RELATED TO UNCERTAIN TAX POSITIONS, IF ANY, IN UNRELATED BUSINESS INCOME TAX EXPENSE. 0 PIPE LINE CONTRACTORS ASSOCIATION 3100 CLARENDON BLVD SUITE 620 ARLINGTON VA 22201 750756831 501(C)( 6 ) 2537500 0 CASH AWARD 1 0 0 0 ELIZABETH WORRELL FUND ADMINISTRATOR 0 500000 0 25000 0 0 0 13200 0 34886 0 573086 0 0 KEVIN N BARRETT EXECUTIVE DIRECTOR 0 298782 0 0 0 0 0 11231 0 38592 0 348605 0 0 BRITTANI HEAD ASSOCIATE LEGAL COUNSEL 0 196270 0 0 0 0 0 7851 0 26596 0 230717 0 0 JENNIFER CHASE DIRECTOR OF ADMINISTRATION 0 185660 0 0 0 0 0 7426 0 34706 0 227792 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE CHIEF LEGAL COUNSEL AND COMPTROLLER. DRAFT COPIES OF THE FORM 990 ARE PROVIDED TO THE GOVERNING BOARD BEFORE FILING. IF FURTHER REVIEW IS NEEDED, IT WOULD DEPEND ON THE ADVICE FROM THE INDEPENDENT AUDITOR FIRM. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION ADOPTED A WRITTEN CONFLICTS OF INTEREST POLICY IN 2021. PRIOR TO THE ADOPTION OF THIS POLICY, THE CHIEF LEGAL COUNSEL MONITORED ALL ORGANIZATIONAL ACTIVITIES TO ENSURE THERE ARE NO CONFLICTS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S DOCUMENTS PERTAINING TO GOVERNANCE, CONFLICTS OF INTEREST, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 1: THE FUND IS ON THE MODIFIED CASH BASIS ACCOUNTING. FORM 990, PART XII, LINE 2C: THE ORGANIZATION'S BOARD OF TRUSTEES ASSUMES RESPONSIBILITY FOR THE OVERSIGHT OF THE AUDIT AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THERE WAS NO CHANGE TO THE PROCESS DURING THE YEAR. PIPE LINE CONTRACTORS ASSOCIATION 3100 CLARENDON BLVD SUITE 620 ARLINGTON VA 22201 750756831 INDUSTRY ADVANCEMENT VA 501(C)(6) N/A N/A 0 PIPE LINE CONTRACTORS ASSOC SCHOLARSHIP 3101 CLARENDON BLVD SUITE 620 ARLINGTON VA 22201 752744096 SCHOLARSHIPS VA 501(C)(3) PF N/A 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0