2024-11-05T10:12:43-06:00 2023-12-31 HAN GROUP LLC 1020 19TH STREET NW SUITE 800 WASHINGTON DC 20036 990 2023-01-01 520823671 NATURAL GAS SUPPLY ASSOCIATION NATU 2023269300 900 17TH STREET NW 500 WASHINGTON DC 20006 DENA WIGGINS PRESIDENT & CEO 2023269300 2024-11-05 1 1 JENNIFER S HAN P00633304 2022937000 2024-11-05 2023 2024-10-15 13:58:12Z DENA WIGGINS 900 17TH STREET NW 500 WASHINGTON DC 20006 4628413 0 X WWW.NGSA.ORG X 1965 DC TO ENSURE COMPETITIVE NATURAL GAS AND POWER MARKETS THAT ARE SUPPORTED BY APPROPRIATE REGULATIONS. 10 10 8 12 0 0 173838 29155 3857380 4336571 -54238 100204 719 39600 3977699 4505530 1500 5840 0 0 2528157 2784593 0 0 0 1796709 1860535 4326366 4650968 -348667 -145438 5887807 5821809 4080069 3985548 1807738 1836261 X THE OBJECT AND PURPOSE OF THE ASSOCIATION IS TO PROMOTE SOUND FEDERAL AND STATE LAWS AND REGULATIONS PERTAINING TO THE NATURAL GAS INDUSTRY, THE EQUITABLE AND EFFECTIVE ADMINISTRATION OF SUCH LAWS AND REGULATIONS, AND TO EDUCATE AND INFORM ITS MEMBERS, THE PUBLIC, AND THE LEGISLATIVE AND REGULATORY BODIES AT THE FEDERAL AND STATE LEVELS CONCERNING SUCH LAWS AND REGULATIONS. 0 0 CENTER FOR LIQUIFIED NATURAL GAS : PROVIDES EDUCATIONAL AND TECHNICAL INFORMATION AND DEVELOPS PUBLIC POLICIES THAT SUPPORT LIQUIFIED NATURAL GAS' (LNG) CONTRIBUTION TOWARD ECONOMIC GROWTH WITHIN THE UNITED STATES. CLNG IS A COMMITTEE OF LNG PRODUCERS, SHIPPERS, OPERATORS AND DEVELOPERS, AND TRADE ASSOCIATIONS. REGULATORY / LEGISLATIVE : HANDLES THE FORMATION OF NGSA'S REGULATORY POSITIONS AND THE COMMUNICATION OF THOSE POSITIONS TO THE FEDERAL ENERGY REGULATORY COMMISSION (FERC). COMMUNICATIONS : RESPONSIBLE FOR FASHIONING AND PACKAGING PRIMARY MESSAGES TO THE FEDERAL ENERGY REGULATORY COMMISSION (FERC), THE U.S. CONGRESS, THE MEDIA, AND OTHER INDUSTRY SECTORS. ENVIRONMENTAL / ENERGY MARKETS 0 1 0 1 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 29 0 1 8 1 0 0 0 0 1 0 0 0 0 X 10 10 0 0 0 0 1 1 0 1 1 0 0 0 1 0 1 0 0 1 0 0 X DENA WIGGINS 2023269300 900 17TH STREET NW 500 WASHINGTON DC 20006 FREEMAN SHAHEEN CHAIRMAN (AS OF MAY) 1.00 X X 0 0 0 CHRISTOPHER RILEY VICE CHAIRMAN (AS OF DEC) 1.00 X X 0 0 0 MARK WHITT DIR(UNTIL DEC);SEC/TREAS(AS OF DEC) 1.00 X X 0 0 0 ASBOJORN SKRETTING SEC/TREAS (UNTIL SEP) 1.00 X X 0 0 0 DAVID ATTWOOD CHAIR(THRU MAY);DIRECTOR(AS OF MAY) 1.00 X X 0 0 0 ORLANDO ALVAREZ DIRECTOR (UNTIL DEC) 1.00 X 0 0 0 DAWN CONSTANTIN DIRECTOR 1.00 X 0 0 0 ROBERT GIBBS DIRECTOR (UNTIL SEP) 1.00 X 0 0 0 STEVEN HAUGENES DIRECTOR 1.00 X 0 0 0 TOM MATHIASMEIER DIRECTOR 1.00 X 0 0 0 NICK POTTER DIRECTOR 1.00 X 0 0 0 PHILIPPE VEDRENNE DIRECTOR 1.00 X 0 0 0 DENA WIGGINS PRESIDENT & CEO 40.00 X 767085 0 26709 CHARLES RIEDL EXECUTIVE DIRECTOR - CLNG 40.00 X 423408 0 63792 PATRICIA JAGTIANI EXECUTIVE VP - REGULATORY AFFAIRS 40.00 X 342809 0 39424 DAPHNE MAGNUSON DIRECTOR - COMMUNICATIONS 40.00 X 213475 0 42154 KATHARINE EHLY SENIOR POLICY ADVISOR 40.00 X 182910 0 51529 CASEY HOLLERS SENIOR DIRECTOR - REGULATORY AFFAIRS 40.00 X 146101 0 52295 HINSON PETERS DIRECTOR OF STRATEGIC COMMUNICATIONS 1.00 X 110896 0 21766 CAROL BUTLER EXECUTIVE ASST & OFFICE MGR 40.00 X 102929 0 19730 2289613 0 317399 8 0 1 0 THE ALPINE GROUP 500 N CAPITOL ST NW SUITE 210 WASHINGTON DC 20001 LEGISLATIVE CONS. 210000 CLEAR STRATEGY PARTNERS 1212 ASQUITHPINES PL ARNOLD MD 21012 STRATEGIC COMMS. 206845 BDO USA LLP 8401 GREENSBORO DRIVE SUITE 800 MCLEAN VA 22102 ACCOUNTING SERVICES 104514 3 29155 29155 MEMBERSHIP DUES 900099 4336571 4336571 4336571 73087 73087 39600 0 39600 39600 39600 150000 122883 27117 27117 27117 4505530 4336571 0 139804 5840 2153295 392969 128467 101787 8075 102878 122236 210000 5842 386813 220716 152814 37287 367817 147553 32233 35179 15952 BAD DEBT EXPENSE 11590 MISCELLANEOUS EXPENSES 6330 MISCELLANEOUS TAXES 5295 4650968 903596 1382552 372631 87048 14577 21936 43248 457309 356396 127542 100913 1886741 1938298 2560784 2269750 5887807 5821809 547505 793630 484290 637892 3048274 2554026 4080069 3985548 X 1807738 1836261 1807738 1836261 5887807 5821809 X -145438 117883 56078 X X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 4336573 210000 -210690 -690 303560 -304250 152453 82423 70030 79930 79930 0 224926 194043 30883 100913 DEFERRED COMPENSATION INVESTMENTS 100471 RIGHT-OF-USE ASSET FOR OFFICE SPACE 2140659 SECURITY DEPOSITS 28620 2269750 LEASE LIABILITY 2453555 DEFERRED COMPENSATION LIABILITY 100471 2554026 X 4617571 117883 117883 4499688 5842 5842 4505530 4645126 0 4645126 5842 5842 4650968 PART X, LINE 2: FOR THE YEARS ENDED DECEMBER 31, 2023 AND 2022, THE ASSOCIATION HAS DOCUMENTED ITS CONSIDERATION OF FASB ASC 740-10, INCOME TAXES, THAT PROVIDES GUIDANCE FOR REPORTING UNCERTAINTY IN INCOME TAXES AND HAS DETERMINED THAT NO MATERIAL UNCERTAIN TAX POSITIONS QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. NONE OF THE ASSOCIATION'S FEDERAL TAX RETURNS ARE CURRENTLY UNDER EXAMINATION. X X 0 0 0 DENA WIGGINS PRESIDENT & CEO 613085 0 150000 0 4000 0 23100 0 3609 0 793794 0 0 0 CHARLES RIEDL EXECUTIVE DIRECTOR - CLNG 348408 0 75000 0 0 0 22500 0 41292 0 487200 0 0 0 PATRICIA JAGTIANI EXECUTIVE VP - REGULATORY AFFAIRS 307809 0 35000 0 0 0 23100 0 16324 0 382233 0 0 0 DAPHNE MAGNUSON DIRECTOR - COMMUNICATIONS 198475 0 15000 0 0 0 15181 0 26973 0 255629 0 0 0 KATHARINE EHLY SENIOR POLICY ADVISOR 174620 0 8290 0 0 0 12058 0 39471 0 234439 0 0 0 CASEY HOLLERS SENIOR DIRECTOR - REGULATORY AFFAIRS 134026 0 12075 0 0 0 10899 0 41396 0 198396 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE ASSOCIATION HAS MEMBERS THAT PAY MEMBERSHIP DUES. THE MEMBERS CAN PARTICIPATE IN VARIOUS COMMITTEES INCLUDING THE EXECUTIVE COMMITTEE, BUSINESS LEADERSHIP COMMITTEE, AND STANDING COMMITTEES. FORM 990, PART VI, SECTION A, LINE 7A EACH VOTING MEMBER OF THE ASSOCIATION SHALL DESIGNATE IN WRITING ONE VOTING REPRESENTATIVE TO THE BOARD OF DIRECTORS WHO SHALL VOTE ON BEHALF OF SUCH MEMBER REGARDING MATTERS BROUGHT BEFORE THE BOARD. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS FIRST REVIEWED BY THE CPA ENGAGED TO MAINTAIN THE FINANCIAL RECORDS. THE CPA THEN REVIEWS THE 990 WITH THE PRESIDENT AND CEO. FORM 990, PART VI, SECTION B, LINE 12C THE OFFICERS AND DIRECTORS OF THE NATURAL GAS SUPPLY ASSOCIATION (NGSA), DESIRE TO AVOID ALL CONFLICTS BETWEEN NGSA'S INTERESTS AND ANY PERSONAL INTEREST THAT AN OFFICER OR DIRECTOR MAY HAVE. TO ASSIST IN AVOIDING ANY CONFLICT OR APPEARANCE OF CONFLICT OF INTEREST, THE FOLLOWING PROCEDURES ARE ADOPTED: 1. WHEN ANY INTEREST ON THE PART OF AN OFFICER OR DIRECTOR OF NGSA POSES A POSSIBLE CONFLICT WITH THE OFFICER'S OR DIRECTOR'S RESPONSIBILITIES, THE OFFICER OR DIRECTOR SHALL: A. PROMPTLY CALL THE CONFLICT TO THE ATTENTION OF THE OTHER MEMBERS OF THE BOARD OF DIRECTORS WHO ARE PARTICIPATING IN OR VOTING ON THE MATTER WHICH POSES THE CONFLICT AND, B. ABSTAINS FROM PARTICIPATION IN OR VOTING ON SUCH MATTER. IN THE CASE OF SUCH A MATTER ARISING AT A MEETING OF THE BOARD, THE OFFICIAL MINUTES SHALL REFLECT THAT A DISCLOSURE WAS MADE AND THE DIRECTOR ABSTAINED FROM ANY PARTICIPATION IN THE MATTER. FORM 990, PART VI, SECTION B, LINE 15A COMPARABILITY DATA FROM A NUMBER OF LIKE INDUSTRY SURVEYS IS MAINTAINED AND REVIEWED BY THE PRESIDENT AND CEO AND THE EXECUTIVE COMMITTEE OF THE BOARD. ANNUAL PERFORMANCE WEIGHS HEAVILY IN THE DETERMINATION OF ANNUAL PAY ADJUSTMENTS. RECOMMENDATIONS ARE PRESENTED TO THE BOARD AT THE ANNUAL SPRING MEETING. THE BOARD OF DIRECTORS SETS THE COMPENSATION FOR THE PRESIDENT AND CEO BASED ON THE DATA COLLECTED AND ACCEPTS OR MODIFIES RECOMMENDATIONS FOR THE REMAINING STAFF. THE LAST COMPENSATION REVIEW TOOK PLACE MARCH 2023. FORM 990, PART VI, SECTION B, LINE 15B: THE BOARD OF DIRECTORS APPROVES THE OVERALL BUDGET FOR THE YEAR. WITHIN THAT BUDGET, IT IS AT THE PRESIDENT AND CEO'S DISCRETION TO SET SALARIES AND BONUSES FOR ALL EMPLOYEES EXCEPT FOR THE PRESIDENT AND CEO. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS AND AUDITED FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC ON AN AS REQUESTED BASIS. FORM 990, PART XI, LINE 9: ACTUARIAL GAIN, INCLUDING SETTLEMENTS 56,078. FORM 990, PART XII, LINE 2C THERE WAS NO CHANGE IN THE REVIEW AND OVERSIGHT PROCESS DURING THE TAX YEAR.