2025-01-24T02:07:32-06:00 2024-03-31 911663574 LARSON GROSS PLLC 2211 RIMLAND DR 422 BELLINGHAM WA 98226 990 2023-04-01 562369975 PIPELINE SAFETY TRUST PIPE 3605435686 1812 CORNWALL AVENUE SUITE 200 BELLINGHAM WA 98225 BRUCE BRABEC TREASURER 3605435686 2025-01-21 1 1 STEVE FORBES-CPA P00012098 3607344280 2023 2025-03-06 01:10:19Z BRUCE BRABEC 1812 CORNWALL AVENUE SUITE 200 BELLINGHAM WA 98225 1505816 0 X PSTRUST.ORG X 2003 WA POLICY AND EDUCATIONAL INITIATIVES AIMED AT IMPROVING COMMUNITY SAFETY,(SEE SCHED. O)PROTECTING THE ENVIRONMENT, AND FACILITATING PRODUCTIVE DIALOG AMONG CITIZEN ADVOCATES, REGULATORS, AND THE INDUSTRY. 7 7 10 7 0 0 819662 1140652 88300 79863 169870 182371 0 0 1077832 1402886 0 0 0 0 652707 804053 0 0 17790 415461 649060 1068168 1453113 9664 -50227 5053366 6049733 177512 351401 4875854 5698332 THE PIPELINE SAFETY TRUST PROMOTES PIPELINE SAFETY THROUGH EDUCATION AND ADVOCACY, INCREASED ACCESS TO INFORMATION, AND PARTNERSHIPS WITH RESIDENTS, SAFETY ADVOCATES, GOVERNMENT, AND INDUSTRY, RESULTING IN SAFER COMMUNITIES AND A HEALTHIER ENVIRONMENT. 0 0 1306812 79863 THE PIPELINE SAFETY TRUST ADVANCES ITS MISSION BY ENHANCING PUBLIC ACCESS TO INFORMATION AND FOSTERING PARTNERSHIPS AMONG RESIDENTS, SAFETY ADVOCATES, GOVERNMENT ENTITIES, AND INDUSTRY STAKEHOLDERS. THE TRUST ACTIVELY CONTRIBUTES TO THE REGULATORY RULEMAKING PROCESS, OFFERING DETAILED COMMENTS AND PRODUCING BRIEFING PAPERS AND GUIDES ON KEY PIPELINE SAFETY ISSUES. ADDITIONALLY, THE TRUST ORGANIZES AN ANNUAL NATIONAL PIPELINE SAFETY CONFERENCE AND SERVES AS A RELIABLE, INDEPENDENT SOURCE OF INFORMATION FOR THE PUBLIC, MEDIA, AND LOCAL GOVERNMENTS. OUR STAFF PARTICIPATE IN VARIOUS STATE AND FEDERAL PIPELINE SAFETY ADVISORY COMMITTEES, REGULARLY TESTIFY BEFORE THE U.S. CONGRESS, AND FREQUENTLY PRESENT AT PUBLIC, INDUSTRY, AND GOVERNMENT MEETINGS AND CONFERENCES. 1306812 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 9 0 1 10 1 0 0 0 0 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 WA X X BILL CARAM 3605435686 1812 CORNWALL AVENUE SUITE 200 BELLINGHAM WA 98225 BETH WALLACE PRESIDENT 3.00 X X 0 0 0 JEFFREY INSKO VICE PRESIDENT 2.00 X X 0 0 0 BRUCE BRABEC TREASURER 3.00 X X 0 0 0 SARA GOSMAN SECRETARY 2.00 X X 0 0 0 LOIS EPSTEIN BOARD MEMBER 2.00 X 0 0 0 GLENN ARCHAMBAULT BOARD MEMBER 2.00 X 0 0 0 MICHAEL GUIDON BOARD MEMBER 3.00 X 0 0 0 BILL CARAM EXECUTIVE DIRECTOR 40.00 X 115263 0 27066 ERIN SUTHERLAND POLICY DIRECTOR AND COUNSEL 40.00 X 103655 0 11261 218918 0 38327 2 0 0 0 0 975067 165585 1140652 PIPELINE SAFETY CONFER 900099 79863 79863 79863 95768 95768 189533 102930 86603 86603 86603 1402886 79863 0 182371 X 142329 132366 7116 2847 533419 496080 26671 10668 19632 18257 982 393 46783 43508 2339 936 61890 57559 3094 1237 39569 31655 7914 24208 24208 226704 181363 45341 7329 6860 367 102 9567 9089 478 52865 49165 2643 1057 119216 113255 5961 137835 137835 3554 3305 178 71 TELEPHONE AND UTILITIES 23937 22261 1197 479 DUES AND SUBSCRIPTIONS 3839 3839 MISCELLANEOUS 437 415 22 1453113 1306812 128511 17790 70604 260754 137893 61082 26672 172902 4693800 5462360 124397 92635 5053366 6049733 43078 87574 11533 171977 122901 91850 177512 351401 X 825854 1648332 4050000 4050000 4875854 5698332 5053366 6049733 -50227 872705 0 X X 0 1 X 1 1 1 X 137931 29756 322232 819662 1140652 2450233 22527 22527 160458 29756 322232 819662 1140652 2472760 74525 2398235 90919 105676 75556 84189 95768 452108 2924868 240931 0.81990 0.76440 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 4000000 1052768 1028560 24208 4000000 4000000 138617 116041 22576 4000000 4000000 86164 59250 26914 4000000 4000000 1541373 1511533 29840 4000000 4310673 -30815 251651 28207 4000000 1.00000 0 0 0 LEASE LIABILITY - CURRENT 32296 LEASE LIABILITY - NON-CURRENT 59554 91850 X 2251383 872705 872705 1378678 24208 24208 1402886 1428905 0 1428905 24208 24208 1453113 PART V, LINE 4: THE ENDOWMENT FUND IS INTENDED TO PROVIDE INVESTMENT INCOME TO FUND ACTIVITIES TO ACHIEVE THE TRUST'S MISSION. SUCH ACTIVITIES INCLUDE MAINTAINING A WEBSITE AND PUBLISHING A NEWSLETTER ON PIPELINE SAFETY, HOSTING AN ANNUAL NATIONAL PIPELINE SAFETY CONFERENCE, AND SPEAKING AT PUBLIC, INDUSTRY AND GOVERNMENT MEETINGS AND CONFERENCES. PART X, LINE 2: PIPELINE SAFETY TRUST, PURSUANT TO A LETTER OF DETERMINATION FROM THE INTERNAL REVENUE SERVICE, IS A NON-PROFIT ORGANIZATION EXEMPTED FROM THE FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE SERVICE CODE OF 1986. AS OF MARCH 31, 2024, THE ENTITY HAD NO UNREALATED BUSINESS ACTIVITIES SUBJECT TO FEDERAL INCOME TAXES. MANAGEMENT EVALUATED THE ENTITIES TAX POSITIONS AND CONCLUDED THAT THE ENTITY HAD TAKEN NO UNCERTAIN TAX POSITIONS. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD'S FINANCE COMMITTEE REVIEWS AND NOTES NEEDED CORRECTIONS AND THE DRAFT FORM 990 IS SENT TO ALL BOARD MEMBERS. A BOARD MEETING IS THEN HELD TO DISCUSS THE 990 AS BROUGHT FORWARD FROM THE FINANCE COMMITTEE, CONSIDER ANY ADDITIONAL CORRECTIONS, AND THEN APPROVE THE CORRECTED 990 BEFORE IT IS SIGNED BY AN OFFICER AND FILED. FORM 990, PART VI, SECTION B, LINE 12C TRUST EMPLOYEES AND BOARD MEMBERS MUST READ AND RETAIN A COPY OF THE CONFLICT OF INTEREST POLICY AT THE OUTSET OF THEIR TENURE WITH THE TRUST AND AT SUCH TIME AS THE POLICY IS AMENDED. DURING A BOARD MEETING EACH YEAR THE POLICY IS DISTRIBUTED TO BOARD MEMBERS AND ANY CONFLICTS IDENTIFIED ARE EVALUATED AND NOTED IN THE MINUTES. FORM 990, PART VI, SECTION B, LINE 15A THE RATE OF PAY OF THE EXECUTIVE DIRECTOR IS INITIALLY SET BY THE BOARD OF DIRECTORS, AND THAT RATE IS REVIEWED IN ADVANCE OF HIRE AND EACH TIME THE RATE CHANGES. THE REVIEW INCLUDES AN ASSESSMENT OF COMPARABLE COMPENSATION DATA FOR SIMILARLY QUALIFIED PERSONS IN FUNCTIONALLY COMPARABLE POSITIONS AT SIMILARLY SITUATED ORGANIZATIONS TO ENSURE THAT THE RATE OF PAY IS REASONABLE AND JUSTIFIABLE WITH COMPARABLE POSITIONS. FORM 990, PART VI, SECTION C, LINE 19 THE TRUST'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST AT THE TRUST'S OFFICE. FORM 990, PART IX, LINE 11G CONSULTING: PROGRAM SERVICE EXPENSES 181,363. MANAGEMENT AND GENERAL EXPENSES 45,341. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 226,704. FORM 990, PART XII, LINE 2C THE PROCESS TO SELECT AN INDEPENDENT ACCOUNTANT AND OVERSEE THE REVIEW OF THE FINANCIAL STATEMENTS HAS NOT CHANGED FROM THE PRIOR YEAR.