Form 990 for tax year 2023
Filed by NORTHEAST PUBLIC POWER ASSOCIATION.
Totals
- Total revenue
- $3,168,903
- Total expenses
- $3,006,396
- Contributions and grants received
- $901,169
- Grants paid
- $0
- Program service revenue
- $2,222,805
- Investment income
- $20,060
- Other revenue
- $24,869
- Total assets, end of year
- $4,180,828
- Total liabilities, end of year
- $1,157,944
- Net assets or fund balances, end of year
- $3,022,884
- Program services expenses (Part IX)
- $1,709,233
- Management and general expenses
- $1,297,163
- Fundraising expenses
- $0
- Program service expenses (Part III)
- not reported
Program services were 56.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1b · Membership dues
$901,169
-
2a · Program service revenue: EDUCATION AND TRAINING
total $1,853,126 · related or exempt $1,853,126
-
2b · Program service revenue: CONFERENCES
total $359,468 · related or exempt $359,468
-
2c · Program service revenue: OTHER PROGRAM INCOME
total $10,211 · related or exempt $10,211
-
3 · Investment income
total $44,193 · related or exempt $4,120 · excluded $40,073
-
7a · Gross sales of assets other than inventory
securities $208,153 · other assets $5,788
-
7b · Less cost or other basis and sales expenses
securities $238,074
-
7c · Gain or loss
securities -$29,921 · other assets $5,788
-
7d · Net gain or loss
total -$24,133 · related or exempt -$29,921 · excluded $5,788
-
11a · Other revenue: MISCELLANEOUS
total $24,869 · related or exempt $24,869
-
11e · Other revenue, total
$24,869
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $221,437 · management and general $221,437
-
7 · Other salaries and wages
total $1,026,340 · program services $648,295 · management and general $378,045
-
9 · Other employee benefits
total $125,460 · program services $14,898 · management and general $110,562
-
10 · Payroll taxes
total $82,847 · program services $59,294 · management and general $23,553
-
11b · Fees: legal
total $2,310 · management and general $2,310
-
11c · Fees: accounting
total $11,900 · management and general $11,900
-
11d · Fees: lobbying
total $105,000 · management and general $105,000
-
11g · Fees: other
total $191,523 · program services $9,298 · management and general $182,225
-
12 · Advertising and promotion
total $3,010 · management and general $3,010
-
13 · Office expenses
total $195,320 · program services $157,010 · management and general $38,310
-
16 · Occupancy
total $198,528 · program services $119,687 · management and general $78,841
-
17 · Travel
total $169,799 · program services $136,541 · management and general $33,258
-
22 · Depreciation, depletion and amortization
total $52,994 · program services $24,694 · management and general $28,300
-
23 · Insurance
total $42,683 · program services $20,548 · management and general $22,135
-
24a · Other expenses: MEALS
total $278,632 · program services $261,648 · management and general $16,984
-
24b · Other expenses: CONSULTANTS
total $102,679 · program services $102,679
-
24c · Other expenses: MISCELLANEOUS
total $74,503 · program services $56,952 · management and general $17,551
-
24d · Other expenses: EQUIPMENT AND MAINTENANCE
total $63,475 · program services $59,318 · management and general $4,157
-
24e · All other expenses
total $57,956 · program services $38,371 · management and general $19,585
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $225,093 · end of year $236,929
-
2 · Savings and temporary cash investments
beginning of year $564,284 · end of year $669,151
-
4 · Accounts receivable
beginning of year $396,557 · end of year $412,781
-
8 · Inventories for sale or use
beginning of year $13,705 · end of year $35,888
-
9 · Prepaid expenses and deferred charges
beginning of year $51,465 · end of year $97,526
-
10a · Land, buildings and equipment: cost or other basis
$822,949
-
10b · Land, buildings and equipment: accumulated depreciation
$533,160
-
10c · Land, buildings and equipment, net
beginning of year $301,872 · end of year $289,789
-
11 · Investments: publicly traded securities
beginning of year $1,340,693 · end of year $1,572,327
-
15 · Other assets
beginning of year $1,034,292 · end of year $866,437
-
17 · Accounts payable and accrued expenses
beginning of year $89,523 · end of year $101,668
-
19 · Deferred revenue
beginning of year $44,522 · end of year $48,561
-
25 · Other liabilities
beginning of year $1,096,595 · end of year $1,007,715
-
27 · Net assets without donor restrictions
beginning of year $2,697,321 · end of year $3,022,884
Mission and programs · 2023
Mission
TO DEVELOP AND UNITE PUBLIC UTILITY PROFESSIONALS BY ADVANCING THEIR KNOWLEDGE, CAPABILITIES, AND VOICE IN THE INDUSTRY AND WORKPLACE.
-
EDUCATION AND TRAINING
As filed on the 2023 return.
Listed in Part VII
-
Michael HylandMICHAEL HYLAND
EXECUTIVE DI
- Total calculated
- $257,604
- From this org
- $221,437
- From related orgs
- $0
- Other
- $36,167
- Hours/week
- 37.5
Schedule J breakdown matched by us
- Base
- $221,437
- Bonus
- not reported
- Other
- not reported
- Deferred
- $36,167
- Nontaxable benefits
- not reported
- Filer's total
- $257,604
-
Elizabeth DaileyELIZABETH DAILEY
DIRECTOR OF
- Total calculated
- $134,549
- From this org
- $104,927
- From related orgs
- $0
- Other
- $29,622
- Hours/week
- 37.5
-
William HessonWILLIAM HESSON
TRAINER
- Total calculated
- $114,399
- From this org
- $114,399
- From related orgs
- $0
- Other
- $0
- Hours/week
- 16.67
-
Mark BironMARK BIRON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
William BottiggiWILLIAM BOTTIGGI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Michael CloutierMICHAEL CLOUTIER
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Jonathan ElwellJONATHAN ELWELL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jonathan FitchJONATHAN FITCH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Scott HallowellSCOTT HALLOWELL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Richard HendershotRICHARD HENDERSHOT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Kimberly HolmesKIMBERLY HOLMES
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Michael JenningsMICHAEL JENNINGS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Penny JonesPENNY JONES
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
James LavelleJAMES LAVELLE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Nicholas LawlerNICHOLAS LAWLER
PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Sean McKeonSEAN MCKEON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Ken NolanKEN NOLAN
SECOND VICE
- Total calculated
- $0
- Hours/week
- 1
-
Lynn ParadisLYNN PARADIS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jackie PrattJACKIE PRATT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Greg ShermanGREG SHERMAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Kenneth StoneKENNETH STONE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Panos TokadjianPANOS TOKADJIAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Barry TupperBARRY TUPPER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
John TzimorangasJOHN TZIMORANGAS
FIRST VICE P
- Total calculated
- $0
- Hours/week
- 1
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 25 June 2024
- IRS schema version
- 2023v5.0
- Source object
- 202441779349300739
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