PJM POWER PROVIDERS GROUP: Form 990, tax year 2022

View the entire original 990 at ProPublica ↗

Organization: PJM POWER PROVIDERS GROUP (EIN 26-0402256)
Tax period: 2022-01-01 to 2022-12-31
Filed: 2023-04-20
IRS object ID: 202331109349301003
Schema version: 2022v5.0
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
Form 990
Schedule C
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2023-04-20T09:58:20-04:00	ReturnTs
Tax Period End	2022-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	813967664	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	SWS GROUP PC	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	401 E ELM ST STE 300	AddressLine1Txt
City	CONSHOHOCKEN	CityNm
State Abbreviation	PA	StateAbbreviationCd
ZIP	19428	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2022-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	260402256	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	PJM POWER PROVIDERS GROUP	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	PJMP	BusinessNameControlTxt
Phone	6107688080	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	101 LINDENWOOD DRIVE SUITE 225	AddressLine1Txt
City	MALVERN	CityNm
State Abbreviation	PA	StateAbbreviationCd
ZIP	19355	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	DANIEL PIERPONT	PersonNm
Person Title	DIRECTOR	PersonTitleTxt
Phone	6107688080	PhoneNum
Signature	2023-03-15	SignatureDt
Discuss With Paid Preparer	Yes (true)	DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

Field	Value	IRS element (for citing)
Person First	DAN	PersonFirstNm
Person Last	PIERPOINT	PersonLastNm

Field	Value	IRS element (for citing)
SSN	999009999	SSN

Field	Value	IRS element (for citing)
IRS Responsible Prty Info Curr	false	IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	JOSHUA P DUNOFF CPA	PreparerPersonNm
PTIN	P01648061	PTIN
Phone	6106015300	PhoneNum
Preparation	2023-04-11	PreparationDt

Field	Value	IRS element (for citing)
Tax	2022	TaxYr
Build TS	2023-04-26 12:10:37Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Principal Officer	GLEN THOMAS	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	101 LINDENWOOD DRIVE	AddressLine1Txt
City	MALVERN	CityNm
State Abbreviation	PA	StateAbbreviationCd
ZIP	19355	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$2,922,444	GrossReceiptsAmt
Group Return For Affiliates	false	GroupReturnForAffiliatesInd
Organization501c	Yes (X)	Organization501cInd
Website Address	P3POWERGROUP.COM	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	2007	FormationYr
Legal Domicile State	DE	LegalDomicileStateCd
Activity Or Mission	PROMOTING PROPERLY DESIGNED AND WELL FUNCTIONING MARKETS IN THE PJM REGION	ActivityOrMissionDesc
Voting Members Governing Body	15	VotingMembersGoverningBodyCnt
Voting Members Independent	15	VotingMembersIndependentCnt
Total Employee	0	TotalEmployeeCnt
Total Gross UBI	$0	TotalGrossUBIAmt
CY Contributions Grants	$0	CYContributionsGrantsAmt
PY Program Service Revenue	$2,107,102	PYProgramServiceRevenueAmt
CY Program Service Revenue	$2,920,301	CYProgramServiceRevenueAmt
PY Investment Income	$97	PYInvestmentIncomeAmt
CY Investment Income	$2,143	CYInvestmentIncomeAmt
CY Other Revenue	$0	CYOtherRevenueAmt
PY Total Revenue	$2,107,199	PYTotalRevenueAmt
CY Total Revenue	$2,922,444	CYTotalRevenueAmt
CY Grants And Similar Paid	$0	CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
CY Salaries Comp Emp Bnft Paid	$0	CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$0	CYTotalFundraisingExpenseAmt
PY Other Expenses	$1,751,150	PYOtherExpensesAmt
CY Other Expenses	$2,569,151	CYOtherExpensesAmt
PY Total Expenses	$1,751,150	PYTotalExpensesAmt
CY Total Expenses	$2,569,151	CYTotalExpensesAmt
PY Revenues Less Expenses	$356,049	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$353,293	CYRevenuesLessExpensesAmt
Total Assets BOY	$939,963	TotalAssetsBOYAmt
Total Assets EOY	$1,293,256	TotalAssetsEOYAmt
Total Liabilities EOY	$0	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$939,963	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$1,293,256	NetAssetsOrFundBalancesEOYAmt
Mission	PROMOTE PROPERLY DESIGNED AND WELL FUNCTIONING WHOLESALE ELECTRICITY MARKETS IN THE PJM REGION	MissionDesc
Significant New Program Srvc	false	SignificantNewProgramSrvcInd
Significant Change	false	SignificantChangeInd
Desc	THE PJM POWER PROVIDERS GROUP IS A 15 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 Section501c3	false	DescribedInSection501c3Ind
Schedule B Required	false	ScheduleBRequiredInd
Political Campaign Acty	false	PoliticalCampaignActyInd
Subject To Proxy Tax	Yes (true)	SubjectToProxyTaxInd
Donor Advised Fund	false	DonorAdvisedFundInd
Conservation Easements	false	ConservationEasementsInd
Collections Of Art	false	CollectionsOfArtInd
Credit Counseling	false	CreditCounselingInd
Donor Rstr Or Quasi Endowments	false	DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment	false	ReportLandBuildingEquipmentInd
Report Investments Other Sec	false	ReportInvestmentsOtherSecInd
Report Program Related Invst	false	ReportProgramRelatedInvstInd
Report Other Assets	false	ReportOtherAssetsInd
Report Other Liabilities	false	ReportOtherLiabilitiesInd
Include FIN48 Footnote	false	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	false	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	false	ConsolidatedAuditFinclStmtInd
School Operating	false	SchoolOperatingInd
Foreign Office	false	ForeignOfficeInd
Foreign Activities	false	ForeignActivitiesInd
More Than5000 K To Org	false	MoreThan5000KToOrgInd
More Than5000 K To Individuals	false	MoreThan5000KToIndividualsInd
Professional Fundraising	false	ProfessionalFundraisingInd
Fundraising Activities	false	FundraisingActivitiesInd
Gaming Activities	false	GamingActivitiesInd
Operate Hospital	false	OperateHospitalInd
Grants To Organizations	false	GrantsToOrganizationsInd
Grants To Individuals	false	GrantsToIndividualsInd
Schedule J Required	false	ScheduleJRequiredInd
Tax Exempt Bonds	false	TaxExemptBondsInd
Loan Outstanding	false	LoanOutstandingInd
Grant To Related Person	false	GrantToRelatedPersonInd
Business Rln With Org Mem	false	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	false	BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent	false	BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri	false	DeductibleNonCashContriInd
Deductible Art Contribution	false	DeductibleArtContributionInd
Terminate Operations	false	TerminateOperationsInd
Partial Liquidation	false	PartialLiquidationInd
Disregarded Entity	false	DisregardedEntityInd
Related Entity	false	RelatedEntityInd
Related Organization Ctrl Ent	false	RelatedOrganizationCtrlEntInd
Activities Conducted Prtshp	false	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (true)	ScheduleORequiredInd
IRP Document	9	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Employee	0	EmployeeCnt
Unrelated Bus Incm Over Limit	false	UnrelatedBusIncmOverLimitInd
Foreign Financial Account	false	ForeignFinancialAccountInd
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTransInd
Taxable Party Notification	false	TaxablePartyNotificationInd
Nondeductible Contributions	Yes (true)	NondeductibleContributionsInd
Nondeductible Contri Discl	Yes (true)	NondeductibleContriDisclInd
Indoor Tanning Services	false	IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt	false	SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc	false	SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	15	GoverningBodyVotingMembersCnt
Independent Voting Member	15	IndependentVotingMemberCnt
Family Or Business Rln	false	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	false	DelegationOfMgmtDutiesInd
Change To Org Documents	false	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	false	MaterialDiversionOrMisuseInd
Members Or Stockholders	false	MembersOrStockholdersInd
Election Of Board Members	false	ElectionOfBoardMembersInd
Decisions Subject To Approva	false	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (true)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (true)	MinutesOfCommitteesInd
Officer Mailing Address	false	OfficerMailingAddressInd
Local Chapters	false	LocalChaptersInd
Form990 Provided To Gvrn Body	false	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	false	ConflictOfInterestPolicyInd
Whistleblower Policy	false	WhistleblowerPolicyInd
Document Retention Policy	false	DocumentRetentionPolicyInd
Compensation Process CEO	false	CompensationProcessCEOInd
Compensation Process Other	false	CompensationProcessOtherInd
Investment In Joint Venture	false	InvestmentInJointVentureInd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	GT POWER GROUP LLC	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	6107688080	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	101 LINDENWOOD DRIVE	AddressLine1Txt
Address Line2	SUITE 225	AddressLine2Txt
City	MALVERN	CityNm
State Abbreviation	PA	StateAbbreviationCd
ZIP	19355	ZIPCd

Field	Value	IRS element (for citing)
No Listed Persons Compensated	Yes (X)	NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (16 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt	OfficerOfficerInd
DAMON ANDERSON
DIRECTOR	1.00	Yes (X)	$0	$0	$0
JEFFREY DELGADO
DIRECTOR	1.00	Yes (X)	$0	$0	$0
NEAL FITCH
DIRECTOR	1.00	Yes (X)	$0	$0	$0
DREW FOSSUM
DIRECTOR	1.00	Yes (X)	$0	$0	$0
ERIK HEINLE
DIRECTOR	1.00	Yes (X)	$0	$0	$0
GARY KEEVIL
DIRECTOR	1.00	Yes (X)	$0	$0	$0
JOSEPH KERECMAN
DIRECTOR	1.00	Yes (X)	$0	$0	$0
MATT LITCHFIELD
DIRECTOR	1.00	Yes (X)	$0	$0	$0
BOB MCGAUGHEY
DIRECTOR	1.00	Yes (X)	$0	$0	$0
BOB MOYE
DIRECTOR	1.00	Yes (X)	$0	$0	$0
PAUL PETERSON
DIRECTOR	1.00	Yes (X)	$0	$0	$0
MARJORIE PHILIPS
DIRECTOR	1.00	Yes (X)	$0	$0	$0
DANIEL PIERPONT
DIRECTOR	1.00	Yes (X)	$0	$0	$0
DEBRA RAGGIO
TREASURER	1.00	Yes (X)	$0	$0	$0	Yes (X)
JON SACKS
DIRECTOR	1.00	Yes (X)	$0	$0	$0
GLEN THOMAS
PRESIDENT	40.00		$0	$0	$0	Yes (X)

Field	Value	IRS element (for citing)
Former Ofcr Employees Listed	false	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	false	TotalCompGreaterThan150KInd
Compensation From Other Srcs	false	CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (4 entries)

Address Line1ContractorAddress/USAddress/AddressLine1Txt	Address Line2ContractorAddress/USAddress/AddressLine2Txt	CityContractorAddress/USAddress/CityNm	State AbbreviationContractorAddress/USAddress/StateAbbreviationCd	ZIPContractorAddress/USAddress/ZIPCd	ServicesServicesDesc	CompensationCompensationAmt
GT POWER GROUP
101 LINDENWOOD DRIVE	SUITE 225	MALVERN	PA	19355	MANAGEMENT	$1,148,164
HUNTON ANDREWS KURTH
2200 PENNSYLVANIA AVE NW		WASHINGTON	DC	20037	LOBBY	$565,185
ENERGYZT ADVISORS LLC
PO BOX 174		COHASSET	MA	02025	CONSULTING	$129,689
MCDERMOTT WILL & EMERLY LLP
MCDERMOTT BLDG		WASHINGTON	DC	20001	LEGAL	$129,440

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	4	CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp

Field	Value	IRS element (for citing)
Desc	DUES / ASSESSMENTS	Desc
Total Revenue Column	$2,920,301	TotalRevenueColumnAmt
Related Or Exempt Func Income	$2,920,301	RelatedOrExemptFuncIncomeAmt

Field	Value	IRS element (for citing)
Total Program Service Revenue	$2,920,301	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$2,143	TotalRevenueColumnAmt
Exclusion	$2,143	ExclusionAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$2,922,444	TotalRevenueColumnAmt
Related Or Exempt Func Income	$2,920,301	RelatedOrExemptFuncIncomeAmt
Exclusion	$2,143	ExclusionAmt

Fees For Services Management FeesForServicesManagementGrp

Field	Value	IRS element (for citing)
Total	$1,148,164	TotalAmt
Management And General	$1,148,164	ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

Field	Value	IRS element (for citing)
Total	$142,568	TotalAmt
Management And General	$142,568	ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$3,160	TotalAmt
Management And General	$3,160	ManagementAndGeneralAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

Field	Value	IRS element (for citing)
Total	$300,000	TotalAmt
Program Services	$300,000	ProgramServicesAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt	Management And GeneralManagementAndGeneralAmt
MOPR AND CAP EXPENSE	$565,186	$565,186
CONSULTING	$379,689	$379,689
COMMUNICATIONS EXPENSE	$30,000	$30,000
BANK CHARGES	$384	$384

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$2,569,151	TotalAmt
Program Services	$300,000	ProgramServicesAmt
Management And General	$2,269,151	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$376,056	BOYAmt
EOY	$377,206	EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$563,907	BOYAmt
EOY	$916,050	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$939,963	BOYAmt
EOY	$1,293,256	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Field	Value	IRS element (for citing)
Organization Follows FASB117	Yes (X)	OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$939,963	BOYAmt
EOY	$1,293,256	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$939,963	BOYAmt
EOY	$1,293,256	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$939,963	BOYAmt
EOY	$1,293,256	EOYAmt

Field	Value	IRS element (for citing)
Reconcilation Revenue Expnss	$353,293	ReconcilationRevenueExpnssAmt
Method Of Accounting Cash	Yes (X)	MethodOfAccountingCashInd
Accountant Compile Or Review	false	AccountantCompileOrReviewInd
FS Audited	false	FSAuditedInd

Schedule C IRS990ScheduleC

Field	Value	IRS element (for citing)
Substantially All Dues Nonded	false	SubstantiallyAllDuesNondedInd
Only In House Lobbying	false	OnlyInHouseLobbyingInd
Agree Carryover Prior Year	false	AgreeCarryoverPriorYearInd
Dues Assessments	$1,635,000	DuesAssessmentsAmt
Non Deductible Lbbyng Pltcl CY	$300,000	NonDeductibleLbbyngPltclCYAmt
Non Deductible Lbbyng Pltcl Tot	$300,000	NonDeductibleLbbyngPltclTotAmt
Aggregate Reported Dues Ntc	$838,500	AggregateReportedDuesNtcAmt
Taxable	-$538,500	TaxableAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
FORM 990, PART VI	QUESTION 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 11B	THE 990 WAS PREPARED BY THE MANAGEMENT COMPANY AND PRESENTED TO THE CHAIRMAN FOR REVIEW AND CONSIDERATION.
FORM 990, PAGE 6, PART VI, LINE 19	THE ORGANIZATION MAKES DOCUMENTS AVAILABLE TO THE PUBLIC UPON REQUEST