PJM POWER PROVIDERS GROUP: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
PJM POWER PROVIDERS GROUP (EIN 26-0402256)
Tax period
2023-01-01 to 2023-12-31
Filed
2024-05-13
IRS object ID
202441349349302079
Schema version
2023v5.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2024-05-13T09:54:13-04:00ReturnTs
Tax Period End2023-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN813967664PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1SWS GROUP PCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1401 E ELM ST STE 300AddressLine1Txt
CityCONSHOHOCKENCityNm
State AbbreviationPAStateAbbreviationCd
ZIP19428ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2023-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN260402256EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1PJM POWER PROVIDERS GROUPBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlPJMPBusinessNameControlTxt
Phone6107688080PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1101 LINDENWOOD DRIVE SUITE 225AddressLine1Txt
CityMALVERNCityNm
State AbbreviationPAStateAbbreviationCd
ZIP19355ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMATT LITCHFIELDPersonNm
Person TitleCHAIRMANPersonTitleTxt
Phone6107688080PhoneNum
Signature2024-04-30SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstMATTPersonFirstNm
Person LastLITCHFIELDPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrfalseIRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJOSHUA P DUNOFF CPAPreparerPersonNm
PTINP01648061PTIN
Phone6106015300PhoneNum
Preparation2024-05-13PreparationDt
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerGLEN THOMASPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1101 LINDENWOOD DRIVEAddressLine1Txt
CityMALVERNCityNm
State AbbreviationPAStateAbbreviationCd
ZIP19355ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$2,731,173GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501cYes (X)Organization501cInd
Website AddressP3POWERGROUP.COMWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2007FormationYr
Legal Domicile StateDELegalDomicileStateCd
Activity Or MissionPROMOTING PROPERLY DESIGNED AND WELL FUNCTIONING MARKETS IN THE PJM REGIONActivityOrMissionDesc
Voting Members Governing Body19VotingMembersGoverningBodyCnt
Voting Members Independent19VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Gross UBI$0TotalGrossUBIAmt
CY Contributions Grants$0CYContributionsGrantsAmt
PY Program Service Revenue$2,920,301PYProgramServiceRevenueAmt
CY Program Service Revenue$2,700,185CYProgramServiceRevenueAmt
PY Investment Income$2,143PYInvestmentIncomeAmt
CY Investment Income$30,988CYInvestmentIncomeAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$2,922,444PYTotalRevenueAmt
CY Total Revenue$2,731,173CYTotalRevenueAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$2,569,151PYOtherExpensesAmt
CY Other Expenses$2,251,630CYOtherExpensesAmt
PY Total Expenses$2,569,151PYTotalExpensesAmt
CY Total Expenses$2,251,630CYTotalExpensesAmt
PY Revenues Less Expenses$353,293PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$479,543CYRevenuesLessExpensesAmt
Total Assets BOY$1,293,256TotalAssetsBOYAmt
Total Assets EOY$1,772,799TotalAssetsEOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$1,293,256NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$1,772,799NetAssetsOrFundBalancesEOYAmt
MissionPROMOTE PROPERLY DESIGNED AND WELL FUNCTIONING WHOLESALE ELECTRICITY MARKETS IN THE PJM REGIONMissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
DescTHE PJM POWER PROVIDERS GROUP IS A 19 MEMBER ORGANIZATION COMPOSED OF PROVIDERS OF ELECTRICITY IN THE PJM REGION. THE ORGANIZATION ADVOCATES BEFORE STATE AND FEDERAL POLICY MAKERS FOR POLICIES THAT PROMOTE PROPERLY DESIGNED AND WELL FUNCTIONING MARKETS IN THE PJM REGION.Desc
Described In Section501c3falseDescribedInSection501c3Ind
Schedule B RequiredfalseScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Subject To Proxy TaxYes (true)SubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Donor Rstr Or Quasi EndowmentsfalseDonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentfalseReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesfalseReportOtherLiabilitiesInd
Include FIN48 FootnotefalseIncludeFIN48FootnoteInd
Independent Audit Fincl StmtfalseIndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesfalseFundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Grants To IndividualsfalseGrantsToIndividualsInd
Schedule J RequiredfalseScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntfalseBusinessRlnWith35CtrlEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityfalseRelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Transaction With Control EntfalseTransactionWithControlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
Info In Schedule O Part VYes (X)InfoInScheduleOPartVInd
IRP Document14IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (true)BackupWthldComplianceInd
Employee0EmployeeCnt
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsYes (true)NondeductibleContributionsInd
Nondeductible Contri DisclYes (true)NondeductibleContriDisclInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncfalseSubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members19GoverningBodyVotingMembersCnt
Independent Voting Member19IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyfalseForm990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyfalseConflictOfInterestPolicyInd
Whistleblower PolicyfalseWhistleblowerPolicyInd
Document Retention PolicyfalseDocumentRetentionPolicyInd
Compensation Process CEOfalseCompensationProcessCEOInd
Compensation Process OtherfalseCompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1GT POWER GROUP LLCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone6107688080PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1101 LINDENWOOD DRIVEAddressLine1Txt
Address Line2SUITE 225AddressLine2Txt
CityMALVERNCityNm
State AbbreviationPAStateAbbreviationCd
ZIP19355ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (20 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerInd
GRAHAM BALDWIN
DIRECTOR1.00Yes (X)$0$0$0
CARLA BANKS
DIRECTOR1.00Yes (X)$0$0$0
JOE DELMAR
DIRECTOR1.00Yes (X)$0$0$0
MIKE FERGUSON
DIRECTOR1.00Yes (X)$0$0$0
NEAL FITCH
DIRECTOR1.00Yes (X)$0$0$0
DREW FOSSUM
DIRECTOR1.00Yes (X)$0$0$0
TIM GUSICK
SECRETARY1.00Yes (X)$0$0$0Yes (X)
ERIK HEINLE
DIRECTOR1.00Yes (X)$0$0$0
GARY KEEVILL
DIRECTOR1.00Yes (X)$0$0$0
JOSEPH KERECMAN
DIRECTOR1.00Yes (X)$0$0$0
MATT LITCHFIELD
CHAIRMAN1.00Yes (X)$0$0$0Yes (X)
BOB MCGAUGHEY
DIRECTOR1.00Yes (X)$0$0$0
BOB MOYE
DIRECTOR1.00Yes (X)$0$0$0
RON PARLY
DIRECTOR1.00Yes (X)$0$0$0
PAUL PETERSON
DIRECTOR1.00Yes (X)$0$0$0
MICHAEL PHENIX
DIRECTOR1.00Yes (X)$0$0$0
DANIEL PIERPONT
TREASURER1.00Yes (X)$0$0$0Yes (X)
DEBRA RAGGIO
DIRECTOR1.00Yes (X)$0$0$0
CLIFF SIKORA
DIRECTOR1.00Yes (X)$0$0$0
GLEN THOMAS
PRESIDENT40.00$0$0$0Yes (X)
FieldValueIRS element (for citing)
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KfalseTotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtAddress Line2ContractorAddress/USAddress/AddressLine2TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
GT POWER GROUP
101 LINDENWOOD DRIVESUITE 225MALVERNPA19355MANAGEMENT$1,190,858
MCDERMOTT WILL & EMERLY LLP
MCDERMOTT BLDGWASHINGTONDC20001LEGAL$141,164
WILSON SONSINI GOODRICH & ROSATI PC
650 PAGE MILL ROADPALO ALTOCA94304LEGAL$138,178
PIERCE ATWOOD LLP
254 COMMERCIAL STPORTLANDME04101LEGAL$133,106
HUNTON ANDREWS KURTH
2200 PENNSYLVANIA AVE NWWASHINGTONDC20037LEGAL$125,000
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K5CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescDUES / ASSESSMENTSDesc
Total Revenue Column$2,700,185TotalRevenueColumnAmt
Related Or Exempt Func Income$2,700,185RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$2,700,185TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$30,988TotalRevenueColumnAmt
Exclusion$30,988ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$2,731,173TotalRevenueColumnAmt
Related Or Exempt Func Income$2,700,185RelatedOrExemptFuncIncomeAmt
Exclusion$30,988ExclusionAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$1,190,858TotalAmt
Management And General$1,190,858ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$577,877TotalAmt
Management And General$577,877ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$2,125TotalAmt
Management And General$2,125ManagementAndGeneralAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

FieldValueIRS element (for citing)
Total$355,337TotalAmt
Program Services$355,337ProgramServicesAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtManagement And GeneralManagementAndGeneralAmt
CONSULTING$114,329$114,329
COMMUNICATIONS EXPENSE$10,000$10,000
DUES & SUBSCRIPTIONS$684$684
BANK CHARGES$420$420

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$2,251,630TotalAmt
Program Services$355,337ProgramServicesAmt
Management And General$1,896,293ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$377,206BOYAmt
EOY$408,731EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$916,050BOYAmt
EOY$1,364,068EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$1,293,256BOYAmt
EOY$1,772,799EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$1,293,256BOYAmt
EOY$1,772,799EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,293,256BOYAmt
EOY$1,772,799EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,293,256BOYAmt
EOY$1,772,799EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$479,543ReconcilationRevenueExpnssAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedfalseFSAuditedInd

Schedule C IRS990ScheduleC

FieldValueIRS element (for citing)
Substantially All Dues NondedfalseSubstantiallyAllDuesNondedInd
Only In House LobbyingfalseOnlyInHouseLobbyingInd
Agree Carryover Prior YearfalseAgreeCarryoverPriorYearInd
Dues Assessments$2,700,185DuesAssessmentsAmt
Non Deductible Lbbyng Pltcl CY$355,337NonDeductibleLbbyngPltclCYAmt
Non Deductible Lbbyng Pltcl Tot$355,337NonDeductibleLbbyngPltclTotAmt
Aggregate Reported Dues Ntc$455,399AggregateReportedDuesNtcAmt
Taxable-$100,062TaxableAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VIQUESTION 3: GT POWER GROUP PROVIDES DAY TO DAY MANAGEMENT SERVICES TO THE ORGANIZATION QUESTION 8(B): THERE ARE NO COMMITTEES WITH THE AUTHORITY TO ACT ON BEHALF OF THE BOARD QUESTION 11(A): THE BOARD WAS INFORMED THAT THE 990 WAS FILED AND AVAILABLE FOR REVIEW QUESTIONS 15 (A) AND (B): THE BOARD NEGOTIATED A CONTRACT WITH GT POWER GROUP TO PROVIDE SERVICES TO THE ORGANIZATION
FORM 990, PAGE 6, PART VI, LINE 11BTHE 990 WAS PREPARED BY THE MANAGEMENT COMPANY AND PRESENTED TO THE CHAIRMAN FOR REVIEW AND CONSIDERATION.
FORM 990, PAGE 6, PART VI, LINE 19THE ORGANIZATION MAKES DOCUMENTS AVAILABLE TO THE PUBLIC UPON REQUEST

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