Overview
What is Pipeline Research Council International?
Pipeline Research Council International (PRCI) is a nonprofit organization headquartered in Chantilly, Virginia, with 19 employees. Their primary objective is to collaboratively deliver cutting-edge, applied research to enhance the global energy pipeline systems continuously. Specifically, PRCI focuses on establishing a reliable and defensible casing corrosion screening methodology, which can replace traditional inspection methods and significantly reduce well entry risk and operational costs. This project, in conjunction with the outcomes of previous initiatives, aims to expand the available options for operators and regulators to assess the condition of operating wells and base ongoing decisions on quantitative measures.
Official website here: www.prci.org
What are the reviews and ratings of this charity?
Pipeline Research Council International (PRCI) does not currently have a rating from Charity Navigator due to its status as a non-501(c)(3) nonprofit organization. This absence of evaluation does not imply any negative or positive judgment; instead, it reflects the organization's ineligibility for certain rating criteria that require a specific nonprofit status. Charity Navigator provides some financial data such as total revenue and expenses trends and compensation details for key personnel, indicating transparency in these areas.
PRCI is noted for having a Culture & Community score of 75, suggesting a moderate level of cultural engagement and community connectivity. However, it scored 0% on constituent feedback, which indicates a lack of available data in that aspect. The organization has implemented two equity practices, contributing to an Equity Strategies score of 75 out of 100, though it did not score in Equity Policies & Processes as it didn't respond to the relevant inquiries.
There are currently no user reviews available for PRCI on GreatNonprofits, so insights into specific public perceptions, user experiences, or direct feedback are not accessible at this time. The absence of public comments limits an understanding of the nonprofit’s everyday impacts and interactions within the community.
This AI summary has been generated from information found on Charity Navigator.
Is Pipeline Research Council International legitimate?
Pipeline Research Council International is a legitimate nonprofit organization registered as a 501(c)(6) entity. Pipeline Research Council International submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $1,002,664
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,519,359
For more financial information, click here
Official website here: www.prci.org
What is the mission statement of Pipeline Research Council International?
The Pipeline Research Council International focuses on collaboratively conducting applied research to enhance the global energy pipeline systems. Their mission is to continually improve these systems by delivering innovative and relevant research. Specifically, they are currently working on a project to establish a reliable and defensible methodology for casing corrosion screening. This methodology aims to significantly reduce well entry risk and operational costs by providing quantitative measures for ongoing well operational and maintenance decisions. Previous projects have expanded the available options for operators and regulators to assess the condition of operating wells.
Official website here: www.prci.org
Who is the CEO of Pipeline Research Council International?
Clifford M Johnson is the President of Pipeline Research Council International.
Official website here: www.prci.org
What is the revenue of Pipeline Research Council International?
Pipeline Research Council International's revenue in 2022 was $17,405,258.
Official website here: www.prci.org
Who are the executives of Pipeline Research Council International and what are their salaries?
The average compensation at Pipeline Research Council International during 2022 was $132,738. There are 19 employees and 11 volunteers at Pipeline Research Council International.
Here are 19 key members and their salaries:
- Compensation: $383,259
- Related: $0
- Other: $53,699
- Compensation: $249,196
- Related: $0
- Other: $54,514
- Compensation: $222,434
- Related: $0
- Other: $39,562
- Compensation: $210,038
- Related: $0
- Other: $16,694
- Compensation: $165,778
- Related: $0
- Other: $33,614
- Compensation: $175,332
- Related: $0
- Other: $13,268
- Compensation: $150,704
- Related: $0
- Other: $32,254
- Compensation: $147,251
- Related: $0
- Other: $18,421
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Compensation: $0
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- Other: $0
Official website here: www.prci.org
Where can I find the form 990 for Pipeline Research Council International?
Pipeline Research Council International's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.prci.org
Learn more at the official website: www.prci.org
Mission Statement of Pipeline Research Council International
Pipeline Research Council International (PRCI) is a collaborative organization dedicated to delivering relevant and innovative applied research to continually improve the global energy pipeline systems. In simpler terms, PRCI brings together various entities to conduct cutting-edge research aimed at enhancing the safety and reliability of energy pipeline networks around the world.
The mission of PRCI is multifaceted. It involves the collaborative delivery of research that is both applicable and innovative, with the ultimate goal of advancing the global energy pipeline systems. By engaging in continuous research, PRCI strives to provide operators and regulators with expanded options for assessing the condition of operating wells and making informed decisions based on quantitative measures.
A recent project undertaken by PRCI, US-4-04, is focused on establishing a safe and reliable casing corrosion screening methodology. This methodology is designed to be defensible to regulators and can potentially replace traditional inspection methods, significantly reducing well entry risk and operational costs. By combining the outcomes of previous projects, PRCI anticipates broadening the range of assessment options available for both operators and regulators. This research is expected to have a substantial impact on the industry, allowing for more informed operational and maintenance decisions.
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Impact
October, 2024
Pipeline Research Council International (PRCI) plays a significant role in enhancing the safety and efficiency of energy pipeline systems globally. By focusing on collaborative and innovative applied research, PRCI addresses critical challenges within the industry, such as casing corrosion.
One of its key projects is establishing a reliable corrosion screening methodology that serves as a defensible alternative to traditional inspection methods. This innovative approach not only aims to reduce well entry risks but also to lower operational costs significantly for pipeline operators. The outcomes of this project, alongside previous research efforts, are expected to empower operators and regulators with enhanced options for assessing the condition of operating wells.
Moreover, PRCI's contributions provide quantitative measures that inform ongoing operational and maintenance decisions, ensuring that pipeline systems are safer and more efficient. In doing so, PRCI significantly supports community improvement by fostering a more reliable energy infrastructure.
This information is meant to be a general summary of Pipeline Research Council International. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $344,128
- Program Service Revenue: $15,010,877
- Gross Receipts: $20,810,160
Assets and Liabilities:
- Total Assets: $22,482,807
- Total Liabilities: $6,262,043
- Net Assets: $16,220,764
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SUBSCRIPTION FEES
Revenue
$10,779,668
PIPELINE RESEARCH PROGRAM
Revenue
$3,295,980
TESTING FEES
Revenue
$656,844
MEETING SPONSORSHIPS & REGIST.
Revenue
$278,385
Organization Details
Founding Year
1999
Phone
(703) 205-1600Principal Officer
Clifford M Johnson
Main Address
15059 CONFERENCE CENTER DRIVE 130, CHANTILLY, VA, 20151
Website
www.prci.orgNTEE Category
Code: S03 - Community improvement
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