2021-11-02T13:55:31-05:00 2020-12-31 366055558 GRANT THORNTON LLP 101 CALIFORNIA STREET SUITE 2700 SAN FRANCISCO CA 94111 990 2020-01-01 237175375 ELECTRIC POWER RESEARCH INSTITUTE INC ELEC 6508552000 3420 HILLVIEW AVENUE PALO ALTO CA 94304 PAMELA J KEEFE SVP CFO & TREASURER 6508552000 2021-10-29 1 PAMELA KEEFE XXX-XX-XXXX QI WEN LIANG P01270238 4159863900 3 AAL1 IAL1 2020 2022-09-23 18:48:47Z ARSHAD MANSOOR 3420 HILLVIEW AVENUE PALO ALTO CA 94304 737259815 0 X WWW.EPRI.COM X 1972 DC TO CONDUCT RESEARCH AND DEVELOPMENT RELATING TO GENERATION, DELIVERY AND THE USE OF ELECTRICITY FOR THE BENEFIT OF THE PUBLIC. 34 34 1176 36 41166714 0 2303 6546 386295799 419326072 30379865 10861492 4365609 872873 421043576 431066983 1183319 994262 0 0 194715221 200128657 0 0 0 233310004 213295282 429208544 414418201 -8164968 16648782 409964311 430915185 242199995 246244268 167764316 184670917 X SEE SCHEDULE O 0 0 296411166 994262 419595900 EPRI'S MISSION IS TO CONDUCT RESEARCH & DEVELOPMENT THROUGH SCIENCE AND TECHNOLOGY WITH A VIEW OF PROVIDING BENEFITS TO ITS MEMBERS' CUSTOMERS AND THE U.S. PUBLIC. TO ACCOMPLISH THIS OBJECTIVE, EPRI DEVELOPS AND MANAGES RESEARCH AND DEVELOPMENT PROGRAMS FOR IMPROVING ENERGY GENERATION, DELIVERY AND USAGE. PROGRAM SERVICE EXPENSES ARE DIRECT CHARGES TO THE RESEARCH PROGRAMS. CERTAIN INDIRECT EXPENSES ARE INCLUDED IN THE MANAGEMENT AND GENERAL EXPENSE CATEGORY, AS EPRI DOES NOT SEPARATE THESE EXPENSES FOR FINANCIAL ACCOUNTING PURPOSES. 296411166 1 0 0 1 0 0 0 0 0 0 1 1 0 0 1 0 0 1 0 0 1 1 1 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 1 X 257 0 1 1176 1 1 1 1 CA EI JA KS MX PL SF SP SZ AE UK 0 0 0 0 0 0 0 0 1 0 X 34 34 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 1 1 CA X PAMELA J KEEFE 6508552000 3420 HILLVIEW AVENUE PALO ALTO CA 94304 MICHAEL W HOWARD CEO THRU 12/20 40.00 0.00 X 1964761 0 501913 ARSHAD MANSOOR PRESIDENT BEG 01/20 40.00 0.00 X 882077 0 280349 MARK MCGRANAGHAN VP DISTRIB & ENERGY UTIL THRU 12/20 40.00 0.00 X 859753 0 63087 PAMELA J KEEFE SVP CFO AND TREASURER 40.00 0.00 X 645414 0 171586 NEIL M WILMSHURST SVP ENERGY SYSTEMS RESOURCE 40.00 0.00 X 627039 0 154046 CAROLYN R SHOCKLEY VP PEOPLE AND PERFORMANCE 40.00 0.00 X 576236 0 154152 MICHAEL A COLEMAN VP INFORMATION TECH AND CIO 40.00 0.00 X 550880 0 142515 ROBERT N CHAPMAN VP SUSTAINABILITY & ELECTRIFICATION 40.00 0.00 X 541285 0 149113 SALVADOR A CASENTE JR VP GEN COUNSEL, CCO & SECRTY 40.00 0.00 X 536391 0 146912 CHARLES T ALLEY JR VP GENERATION 40.00 0.00 X 535974 0 127194 ANDREW J PHILLIPS VP TRANSMISSION & DISTRIBUTION 40.00 0.00 X 431837 0 141702 ANDA RAY SVP EXT RELAT&TECH RESRCS THRU 01/20 40.00 1.00 X 500328 0 489 ROSA L YANG EPRI FELLOW 40.00 0.00 X 433694 0 62330 KURT W EDSINGER DIRECTOR RESEARCH & DEVELOP 40.00 0.00 X 360680 0 62820 THOMAS WILSON TECHNICAL EXECUTIVE 40.00 0.00 X 340714 0 60554 TINA TAYLOR SR DIRECTOR RESEARCH & DEVELOP 40.00 0.00 X 342796 0 53468 DANIEL BROOKS VP INTEGRATED GRID BEG 11/20 40.00 0.00 X 335838 0 60354 STEVEN SWILLEY SR DIRECTOR RESEARCH & DEVELOP 40.00 0.00 X 339330 0 52753 CATHERINE JEREZA VP CORPORATE AFFAIRS BEG 01/20 40.00 0.00 X 296247 0 46822 NEVA ESPINOZA VP LOW CARBON RESOURCE BEG 11/20 40.00 0.00 X 298974 0 29905 CHARMAINE DAVIS VP HUMAN RESRC & DIVERSITY BEG 11/20 40.00 0.00 X 215617 0 40263 JACQUELINE ROSATI VP GEN COUNL, CCO & SECRTY BEG 11/20 40.00 0.00 X 160731 0 45840 JANIS G MENDELSON ASSISTANT CORP SECRETARY 40.00 0.00 X 145191 0 23338 ARUN MAJUMDAR DIRECTOR THRU 11/20 1.00 0.00 X 10750 0 0 DENNIS V MCGINN DIRECTOR 1.00 0.00 X 6500 0 0 JOHN MOGG DIRECTOR THRU 4/20 1.00 0.00 X 5000 0 0 COLETTE D HONORABLE DIRECTOR THRU 09/20 1.00 0.00 X 750 0 0 PEDRO J PIZARRO CHAIR 1.00 0.00 X X 0 0 0 STANLEY W CONNALLY JR FIRST VICE CHAIR 1.00 0.00 X X 0 0 0 DOUGLAS F ESAMANN SECOND VICE CHAIR 1.00 0.00 X X 0 0 0 LISA M BARTON DIRECTOR BEG 04/20 1.00 0.00 X 0 0 0 TERRY BASSHAM DIRECTOR THRU 04/20 1.00 0.00 X 0 0 0 WARNER L BAXTER DIRECTOR 1.00 0.00 X 0 0 0 JOHN R BEAR DIRECTOR BEG 04/20 1.00 0.00 X 0 0 0 SAMUEL L BELCHER DIRECTOR 1.00 0.00 X 0 0 0 NICHOLAS A BROWN DIRECTOR THRU 04/20 1.00 0.00 X 0 0 0 SHERYL CARTER DIRECTOR 1.00 0.00 X 0 0 0 BRETT C CARTER DIRECTOR BEG 04/20 1.00 0.00 X 0 0 0 JAE-HOON CHUNG DIRECTOR 1.00 0.00 X 0 0 0 KENNETH W CORNEW DIRECTOR 1.00 0.00 X 0 0 0 KEVIN FLETCHER DIRECTOR BEG 04/20 1.00 0.00 X 0 0 0 DAN FORD DIRECTOR 1.00 0.00 X 0 0 0 PAULA GOLD-WILLIAMS DIRECTOR 1.00 0.00 X 0 0 0 JOHN L HAIRSTON DIRECTOR BEG 10/20 1.00 0.00 X 0 0 0 THOMAS J HELLER DIRECTOR 1.00 0.00 X 0 0 0 MICHAEL HUMMEL DIRECTOR 1.00 0.00 X 0 0 0 LISA D JOHNSON DIRECTOR 1.00 0.00 X 0 0 0 JEFFREY J LYASH DIRECTOR 1.00 0.00 X X 0 0 0 ELLIOT E MAINZER DIRECTOR THRU 08/20 1.00 0.00 X 0 0 0 JOHN MCAVOY DIRECTOR THRU 12/20 1.00 0.00 X 0 0 0 MARK C MCCULLOUGH DIRECTOR THRU 04/20 1.00 0.00 X 0 0 0 MARIE-JOSE NADEAU DIRECTOR BEG 04/20 1.00 0.00 X 0 0 0 BARBARA A NICK DIRECTOR THRU 07/20 1.00 0.00 X 0 0 0 JAN OBERHOLZER DIRECTOR 1.00 0.00 X 0 0 0 PAT O'DOHERTY DIRECTOR 1.00 0.00 X 0 0 0 PATRICK O'LOUGHLIN DIRECTOR BEG 07/20 1.00 0.00 X 0 0 0 MARIA POPE DIRECTOR 1.00 0.00 X 0 0 0 SCOTT PROCHAZKA DIRECTOR THRU 03/20 1.00 0.00 X 0 0 0 MICHAEL W RENCHECK DIRECTOR 1.00 0.00 X 0 0 0 BERNARD SALHA DIRECTOR 1.00 0.00 X 0 0 0 SCOTT W H SEU DIRECTOR BEG 03/20 1.00 0.00 X 0 0 0 VINCENT SORGI DIRECTOR BEG 04/20 1.00 0.00 X 0 0 0 WILLIAM H SPENCE DIRECTOR THRU 04/20 1.00 0.00 X 0 0 0 DAVID J TUDOR DIRECTOR 1.00 0.00 X 0 0 0 ENRICO VIALE DIRECTOR 1.00 0.00 X 0 0 0 PAT K VINCENT-COLLAWN CHAIR THRU 4/20, DIRECTOR BEG 5/20 1.00 0.00 X X 0 0 0 RODERICK K WEST DIRECTOR 1.00 0.00 X 0 0 0 11944787 0 2571505 798 0 1 0 FLUOR FEDERAL SERVICES INC 6700 LAS COLINAS BLVD IRVING TX 75039 RESEARCH 6206366 WESTINGHOUSE ELECTRIC CO LLC 20 STANWIX STREET PITTSBURGH PA 15222 RESEARCH 5880592 ELECTRICITE DE FRANCE 1 AVENUE DU GENERAL DE GAULE CLAMART CEDEX FR 92143 RESEARCH 4837908 STRUCTURAL INTEGRITY ASSOCIATES 5215 HELLYER AVE STE 210 SAN JOSE CA 95138 RESEARCH 3881033 DOMINION ENGINEERING INC 12100 SUNRISE VALLEY DRIVE SUITE 2 RESTON VA 20191 RESEARCH 3447636 362 6546 6546 MEMBERSHIP FEE REVENUE 541900 228939626 214535786 14403840 SUPPLEMENTAL FUNDING 541900 182209003 163627287 18581716 BILLABLE SERVICES 541900 8177443 8177443 419326072 3870590 3870590 267109 267109 332221 0 332221 332221 332221 306192832 6990902 306192832 0 0 6990902 6990902 6990902 SALE OF R&D REPORTS 900099 258619 258619 OTHER REVENUE 900099 11209 11209 SALE OF SOLAR POWER 900099 3715 3715 273543 431066983 378432901 41166714 11460822 902750 902750 27000 27000 64512 64512 11044643 11044643 131622406 80022175 51600231 16260818 10049666 6211152 31447132 19435257 12011875 9753658 6028049 3725609 1285912 275798 1010114 385787 385787 253117 253117 4333324 4333324 17187395 14816618 2370777 6351883 6351883 7672332 5670635 2001697 3690399 2936972 753427 7257139 4726640 2530499 36 36 9105717 2561842 6543875 9976813 7373881 2602932 972349 972349 R&D EXPENSES 139352925 139352925 0 0 PRINTING & PUBLICATIONS 1354018 1247826 106192 0 STAFFING 1245588 0 1245588 0 EQUIPMENT RENTAL & MAIN 1193574 0 1193574 0 1676974 918620 758354 414418201 296411166 118007035 0 105497392 100959975 75338912 95666824 48426421 55908900 6913410 7533694 135384281 84797641 48069993 50586640 119097700 115657598 6620483 4601554 409964311 430915185 87356251 87849609 142554189 146171624 12289555 12223035 242199995 246244268 X 167764316 184670917 167764316 184670917 409964311 430915185 16648782 257819 0 X 0 1 X 1 1 1 X 80000 2303 6546 88849 349135154 364474362 365731219 342795819 378163073 1800299627 349215154 364474362 365731219 342798122 378169619 1800388476 0 137210338 136570332 133209130 135975839 125775845 668741484 137210338 136570332 133209130 135975839 125775845 668741484 1131646992 5253417 6020714 8532606 9343170 4469920 33619827 5253417 6020714 8532606 9343170 4469920 33619827 1054891 603484 974407 519609 269828 3422219 355523462 371098560 375238232 352660901 382909367 1837430522 0.61590 0.61900 0.01830 0.01820 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2016 AMOUNT: $ 1,054,891. 2017 AMOUNT: $ 603,484. 2018 AMOUNT: $ 974,407. 2019 AMOUNT: $ 519,609. 2020 AMOUNT: $ 269,828. SCHEDULE A, PART III: SUPPORT SCHEDULE FOR ORGANIZATIONS DESCRIBED IN SECTION 509(A)(2) EPRI REPORTS ITS MEMBERSHIP DUES AS GROSS RECEIPTS FROM SERVICES PERFORMED. THESE PAYMENTS ARE MADE IN CONNNECTION WITH THE PERFORMANCE OF TAX EXEMPT SCIENTIFIC RESEARCH IN THE PUBLIC INTEREST, WHICH BY DEFINITION ALSO INCIDENTALLY BENEFITS EPRI MEMBERS WHO MAY IN CERTAIN CIRCUMSTANCES HAVE A DIRECT AND IMMEDIATE BENEFIT FROM SUCH RESEARCH. THE RESEARCH RESULTS MAY ALSO, IN CERTAIN CIRCUMSTANCES, HAVE A MORE DIRECT BENEFIT TO THE EPRI MEMBERS THAN TO THE GENERAL PUBLIC CONTEMPLATED WITHIN TREASURY REGULATION SECTION 1.509(A)-3(G)(2). SCHEDULE A, PART III, LINE 12: OTHER INCOME DESCRIPTION OTHER INCOME INCLUDES INCOME FROM PREVIOUSLY PUBLISHED SCIENTIFIC RESEARCH REPORTS AND SOFTWARE AVAILABLE FOR SALE TO THE GENERAL PUBLIC AND INCOME FROM RELATED SCIENTIFIC RESEARCH ACTIVITIES CONDUCTED BY EPRI IN THE PUBLIC INTEREST. 0 1294 0 1294 0 414163790 0 414165084 0 1000000 0 250000 0 0 0 1000000 1000000 1000000 1000000 4000000 6000000 6010 6824 0 1294 14128 250000 250000 250000 250000 1000000 1500000 1532485 1532485 32389510 17815504 14574006 16277598 7509173 8768425 43053516 27749236 15304280 42131172 31723728 10407444 50586640 LONG TERM INVESTMENTS 113887106 F INVESTMENT IN SUBSIDIARIES 1769410 F INVESTMENT IN OTHER COMPANIES 1082 F 115657598 ACCRUED POST RETIREMENT BENEFITS 9119252 INTERCO PAYABLE WITH RELATED PARTY 1791552 OTHER LONG-TERM LIABILITIES 1312231 12223035 PART X, LINE 2: FIN 48 (ASC 740) FOOTNOTE EPRI ADOPTED FIN 48 (CODIFIED AS ASC 740) IN 2009. THE ADOPTION IN 2009 DID NOT HAVE A MATERIAL IMPACT ON THE EPRI FINANCIAL STATEMENTS. THERE WAS NO CHANGE IN 2019 OR 2020. AS A RESULT, THE FINANCIAL STATEMENTS DO NOT HAVE AN ASC 740 LIABILITY RECORDED AND A FOOTNOTE FOR ASC 740 WAS NOT REQUIRED. 1 CENTRAL AMERICA AND THE CARIBBEAN 0 0 PROGRAM SERVICES R&D PROJECT 123 EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICES R&D PROJECT 2617675 EUROPE 0 0 PROGRAM SERVICES R&D PROJECT 15118685 MIDDLE EAST AND NORTH AFRICA 0 0 PROGRAM SERVICES R&D PROJECT 57803 NORTH AMERICA 0 0 PROGRAM SERVICES R&D PROJECT 3466977 SOUTH AMERICA 0 0 PROGRAM SERVICES R&D PROJECT 33515 SOUTH ASIA 0 0 PROGRAM SERVICES R&D PROJECT 24824 SUB-SAHARAN AFRICA 0 0 PROGRAM SERVICES R&D PROJECT 114388 EUROPE 0 0 GRANTMAKING SPONSORSHIP 55512 NORTH AMERICA 0 0 GRANTMAKING SPONSORSHIP 9000 EAST ASIA AND THE PACIFIC 0 0 INVESTMENTS 21596186 EUROPE 0 0 INVESTMENTS 38798678 NORTH AMERICA 0 0 INVESTMENTS 14568742 SUB-SAHARAN AFRICA 0 0 INVESTMENTS 1499700 EAST ASIA AND THE PACIFIC 0 0 UNRELATED TRADE OR BUSINESS 21317 EUROPE 0 0 UNRELATED TRADE OR BUSINESS 153219 MIDDLE EAST AND NORTH AFRICA 0 0 UNRELATED TRADE OR BUSINESS 9593 NORTH AMERICA 0 0 UNRELATED TRADE OR BUSINESS 2092238 0 0 0 0 0 0 21433990 78804185 100238175 EUROPE SPONSORSHIP 18731 ELECTRONIC EUROPE SPONSORSHIP 25897 ELECTRONIC EUROPE SPONSORSHIP 5884 ELECTRONIC 3 0 HONORARIUM EUROPE 2 5000 ELECTRONIC HONORARIUM NORTH AMERICA 5 9000 ELECTRONIC 0 0 1 0 0 1 PART III ACCOUNTING METHOD: SCHEDULE F, PART I, LINE 2: PROCEDURE FOR MONITORING USE OF GRANT FUNDS OUTSIDE OF THE UNITED STATES EPRI OCCASIONALLY MAKES GRANTS TO OTHER INSTITUTIONS WHEN DOING SO IS CONSISTENT WITH AND FURTHERS EPRI'S CHARITABLE PURPOSE. GRANTS ARE MADE ONLY TO ENTITIES WHICH ARE WELL KNOWN TO EPRI AND AFTER APPROPRIATE DUE DILIGENCE. THE PERMITTED USES OF THE GRANTED FUNDS ARE ENUMERATED TO THE GRANTEE AND EPRI TYPICALLY RECEIVES REPORTS, TECHNICAL PAPERS, CONFERENCE AND SIMILAR MATERIALS DEMONSTRATING THE APPROPRIATE USE OF THE GRANTED FUNDS. FOR RESEARCH GRANTS, SCIENTIFIC PROGRESS AND FINANCIAL OVERSIGHT IS MONITORED THROUGHOUT THE GRANT TERM BY AN EPRI PROJECT MANAGER. EPRI OCCASIONALLY MAKES GRANTS TO INDIVIDUALS WHEN DOING SO IS CONSISTENT WITH AND FURTHERS EPRI'S CHARITABLE PURPOSE. GRANTS ARE MADE ONLY TO INDIVIDUALS THAT ARE KNOWN TO EPRI AND AFTER APPROPRIATE DUE DILIGENCE. THE GRANTS ARE TYPICALLY FOR THE INDIVIDUAL'S PARTICIPATION IN ACTIVITIES AND EPRI MEETINGS THAT FURTHER EPRI'S R&D EFFORTS. SCHEDULE F, PART I, LINE 3 ACCOUNTING METHOD USED TO CALCULATE EXPENSES THE EXPENSES PROVIDED IN COLUMN F OF PART I WERE PREPARED ON THE ACCRUAL BASIS OF ACCOUNTING IN CONFORMITY WITH ACCOUNTING PRINCIPLES APPLICABLE TO NOT-FOR-PROFIT ORGANIZATIONS. 1 REGENTS OF THE UNIVERSITY OF CALIFORNIA DAVIS ONE SHIELDS AVE DAVIS CA 95616 946081352 501(C)(3) 40000 CONTRIBUTION THE UNIVERSITY OF TENNESSEE 201 ANDY HOLT TOWER KNOXVILLE TN 37996 626001636 GOVERNMENT 110000 CONTRIBUTION ARIZONA STATE UNIVERSITY 1151 S FOREST AVENUE TEMPE AZ 85281 860196696 GOVERNMENT 52000 CONTRIBUTION GEORGIA TECH FOUNDATION INC 790 ATLANTIC DRIVE ATLANTA GA 30332 586043294 501(C)(3) 50000 CONTRIBUTION THE OHIO STATE UNIVERSITY 1248 ARTHUR E ADAMS DR COLUMBUS OH 43221 316025986 GOVERNMENT 27500 CONTRIBUTION REGENTS OF THE UNIVERSITY OF CALIFORNIA LOS ANGELES 405 HILGARD AVENUE LOS ANGELES CA 90095 956006143 501(C)(3) 200000 CONTRIBUTION REGENTS OF THE UNIVERSITY OF CALIFORNIA SAN DIEGO 9500 GILMAN DRIVE LA JOLLA CA 92093 952872494 GOVERNMENT 300000 CONTRIBUTION ENVIRONMENTAL RESEARCH AND EDUCATION FOUNDATION 3301 BENSON DR SUITE 101 RALEIGH NC 27609 521804051 501(C)(3) 10000 CONTRIBUTION FOUNDATION OF THE UNIVERSITY OF NORTH CAROLINA AT CHARLOTTE 9201 UNIVERSITY CITY BLVD CHARLOTTE NC 28223 566059417 501(C)(3) 29000 CONTRIBUTION AMERICAN NUCLEAR SOCIETY INC 555 N KENSINGTON AVE LAGRANGE PARK IL 60526 811658523 501(C)(3) 15000 CONTRIBUTION NEURAL INFORMATION PROCESSING SYSTEMS FOUNDATION 1269 LAW ST SAN DIEGO CA 92109 954364881 501(C)(3) 10000 CONTRIBUTION CALIFORNIA INSTITUTE OF TECHNOLOGY 1200 EAST CALIFORNIA BLVD PASADENA CA 91125 951643307 501(C)(3) 30000 CONTRIBUTION BATTELLE ENERGY ALLIANCE 2525 N FREMONT AVE IDAHO FALLS ID 83415 841397960 501(C)(3) 0 172800 FMV EPRI REPORTS CONTRIBUTION 13 0 PARTICIPATION ON ADVISORY COUNCIL 7 15000 SPEAKER AT EPRI MEETING 3 7000 PAPER PEER REVIEW 1 5000 SCHEDULE I, PART I, LINE 2: PROCEDURE FOR MONITORING USE OF GRANT FUNDS IN THE UNITED STATES EPRI OCCASIONALLY MAKES GRANTS TO OTHER INSTITUTIONS WHEN DOING SO IS CONSISTENT WITH AND FURTHERS EPRI'S CHARITABLE PURPOSE. GRANTS ARE MADE ONLY TO ENTITIES THAT ARE WELL KNOWN TO EPRI AND AFTER APPROPRIATE DUE DILIGENCE. THE PERMITTED USES OF THE GRANTED FUNDS ARE ENUMERATED TO THE GRANTEE AND EPRI TYPICALLY RECEIVES REPORTS, TECHNICAL PAPERS, CONFERENCE AND SIMILAR MATERIALS DEMONSTRATING THE APPROPRIATE USE OF THE GRANTED FUNDS. FOR RESEARCH GRANTS, SCIENTIFIC PROGRESS AND FINANCIAL OVERSIGHT IS MONITORED THROUGHOUT THE GRANT TERM BY AN EPRI PROJECT MANAGER. EPRI OCCASIONALLY MAKES GRANTS TO INDIVIDUALS WHEN DOING SO IS CONSISTENT WITH AND FURTHERS EPRI'S CHARITABLE PURPOSE. GRANTS ARE MADE ONLY TO INDIVIDUALS THAT ARE KNOWN TO EPRI AND AFTER APPROPRIATE DUE DILIGENCE. THE GRANTS ARE TYPICALLY FOR THE INDIVIDUAL'S PARTICIPATION IN ACTIVITIES AND EPRI MEETINGS THAT FURTHER EPRI'S R&D EFFORTS. X X 1 1 X X X X X 1 1 0 0 0 0 0 1 0 MICHAEL W HOWARD CEO THRU 12/20 718026 0 1129500 0 117235 0 483700 0 18213 0 2466674 0 387100 0 ARSHAD MANSOOR PRESIDENT BEG 01/20 450190 0 393300 0 38587 0 254297 0 26052 0 1162426 0 137200 0 MARK MCGRANAGHAN VP DISTRIB & ENERGY UTIL THRU 12/20 277842 0 555300 0 26611 0 48000 0 15087 0 922840 0 285500 0 PAMELA J KEEFE SVP CFO AND TREASURER 325468 0 300100 0 19846 0 162870 0 8716 0 817000 0 104200 0 NEIL M WILMSHURST SVP ENERGY SYSTEMS RESOURCE 348809 0 269100 0 9130 0 135833 0 18213 0 781085 0 78700 0 CAROLYN R SHOCKLEY VP PEOPLE AND PERFORMANCE 310777 0 247900 0 17559 0 128100 0 26052 0 730388 0 74300 0 MICHAEL A COLEMAN VP INFORMATION TECH AND CIO 298551 0 237000 0 15329 0 124302 0 18213 0 693395 0 69100 0 ROBERT N CHAPMAN VP SUSTAINABILITY & ELECTRIFICATION 294869 0 230200 0 16216 0 123061 0 26052 0 690398 0 67500 0 SALVADOR A CASENTE JR VP GEN COUNSEL, CCO & SECRTY 290452 0 230500 0 15439 0 120860 0 26052 0 683303 0 69100 0 CHARLES T ALLEY JR VP GENERATION 286743 0 233300 0 15931 0 118478 0 8716 0 663168 0 67800 0 ANDREW J PHILLIPS VP TRANSMISSION & DISTRIBUTION 279280 0 151900 0 657 0 115650 0 26052 0 573539 0 0 0 ANDA RAY SVP EXT RELAT&TECH RESRCS THRU 01/20 4826 0 0 0 495502 0 488 0 1 0 500817 0 0 0 ROSA L YANG EPRI FELLOW 267827 0 162466 0 3401 0 44117 0 18213 0 496024 0 0 0 KURT W EDSINGER DIRECTOR RESEARCH & DEVELOP 258593 0 101339 0 748 0 36768 0 26052 0 423500 0 0 0 THOMAS WILSON TECHNICAL EXECUTIVE 249523 0 87744 0 3447 0 34502 0 26052 0 401268 0 0 0 TINA TAYLOR SR DIRECTOR RESEARCH & DEVELOP 251676 0 90004 0 1116 0 35255 0 18213 0 396264 0 0 0 DANIEL BROOKS VP INTEGRATED GRID BEG 11/20 248467 0 86800 0 571 0 34302 0 26052 0 396192 0 0 0 STEVEN SWILLEY SR DIRECTOR RESEARCH & DEVELOP 243130 0 95145 0 1055 0 34540 0 18213 0 392083 0 0 0 CATHERINE JEREZA VP CORPORATE AFFAIRS BEG 01/20 238468 0 44092 0 13687 0 28609 0 18213 0 343069 0 0 0 NEVA ESPINOZA VP LOW CARBON RESOURCE BEG 11/20 217076 0 80497 0 1401 0 29877 0 28 0 328879 0 0 0 CHARMAINE DAVIS VP HUMAN RESRC & DIVERSITY BEG 11/20 168876 0 46500 0 241 0 22050 0 18213 0 255880 0 0 0 JACQUELINE ROSATI VP GEN COUNL, CCO & SECRTY BEG 11/20 124584 0 36000 0 147 0 17616 0 28224 0 206571 0 0 0 JANIS G MENDELSON ASSISTANT CORP SECRETARY 121787 0 22500 0 904 0 14622 0 8716 0 168529 0 0 0 PART I, LINE 1A FIRST-CLASS TRAVEL SENIOR VICE PRESIDENTS AND THE CHIEF EXECUTIVE OFFICER, ALONG WITH CERTAIN BOARD MEMBERS FOR WHOM EPRI REIMBURSES TRAVEL, ARE AUTHORIZED TO BOOK AIR TRAVEL ONE CLASS ABOVE ECONOMY ON FLIGHTS WHERE THE PUBLISHED DURATION IS MORE THAN FOUR (4) HOURS, OR THE TRIP DURATION (DEPARTURE AIRPORT TO DESTINATION AIRPORT) REQUIRES ONE OR MORE STOPS FOR A TOTAL PUBLISHED DURATION OF MORE THAN SEVEN (7) HOURS. PERSONAL SERVICES EPRI MAKES AVAILABLE TO ITS KEY OFFICERS A FINANCIAL PLANNING BENEFIT THROUGH AN OUTSIDE VENDOR, WHICH EACH OFFICER MAY DETERMINE TO ACCEPT OR DECLINE. OFFICERS SELECTING THE SERVICE MAY ALSO USE THE PLANNER FOR TAX PREPARATION ADVICE. THE BENEFIT IS TREATED AS TAXABLE INCOME TO THE OFFICER. THERE WERE TEN OFFICERS THAT ACCEPTED A VOLUNTARY FINANCIAL PLANNING BENEFIT OFFERED BY EPRI WHICH RESULTED IN $14,000 OF TAXABLE INCOME TO EIGHT OF THOSE OFFICERS, $13,157 OF TAXABLE INCOME TO ONE OF THOSE OFFICERS AND $5,833 OF TAXABLE INCOME TO ONE OF THOSE OFFICERS. PART I, LINE 4A: SEVERANCE ARRANGEMENTS THE INSTITUTE HAS ESTABLISHED SEVERANCE PLANS FOR ITS REGULAR EMPLOYEES, INCLUDING OFFICERS. EMPLOYEES HAVE NO PRE-EXISTING VESTED OR ACCRUED RIGHTS TO A SEVERANCE BENEFIT UNDER THESE PLANS, AND THE PLANS MAY BE CHANGED AT THE DISCRETION OF THE INSTITUTE. SEVERANCE BENEFITS IN EACH PLAN ARE CONTINGENT UPON QUALIFYING EMPLOYEE TERMINATIONS AND OTHER CONDITIONS AS REQUIRED IN THE PARTICULAR PLAN. GENERALLY, THE AMOUNT OF ANY SEVERANCE BENEFIT IS DEPENDENT UPON THE POSITION HELD BY THE EMPLOYEE AND LENGTH OF SERVICE UP TO FORTY-TWO WEEKS OF SALARY AND TWO MONTHS OF HEALTH BENEFIT CONTINUATION IN THE OFFICER PLAN. IN CONNECTION WITH THE LONG-TERM INCENTIVE PROGRAM, OFFICERS (AS DETERMINED BY THE BOARD OR A BOARD COMMITTEE) MAY BE ENTITLED TO A PAYMENT UPON QUALIFYING TERMINATIONS, AS REQUIRED IN THE PROGRAM. ANDA RAY RECEIVED A SEVERANCE PAYMENT OF $460,350 DURING THE CALENDAR YEAR 2020. THERE WERE THREE OFFICERS WHO ENTERED INTO SEVERANCE ARRANGEMENTS WITH EPRI DURING CALENDAR YEAR 2020 AND WILL RECEIVE SEVERANCE PAYMENTS IN CALENDAR YEAR 2021. PART I, LINE 4B: SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN EPRI PROVIDES A RETIREMENT CONTRIBUTION FOR ITS EMPLOYEES BASED ON THEIR COMPENSATION. THIS RETIREMENT CONTRIBUTION IS USUALLY IN THE FORM OF AN EMPLOYER CONTRIBUTION TO ITS RETIREMENT PLANS. HOWEVER, IF THE CALCULATED RETIREMENT CONTRIBUTION EXCEEDS THE RETIREMENT PLAN EMPLOYER CONTRIBUTION LIMIT FOR THE YEAR, THE AMOUNT OF THE RETIREMENT CONTRIBUTION IN EXCESS OF THE LIMIT IS REPORTED ON THE EMPLOYEES' FORM W-2 AS TAXABLE INCOME AS REQUIRED AND REPORTED ON SCHEDULE J, PART II, COLUMN (B)(III) AS FOLLOWS: MICHAEL W HOWARD : $98,855 ARSHAD MANSOOR : $23,454 PAMELA J KEEFE : $4,410 NEIL M WILMSHURST : $6,173 CAROLYN SHOCKLEY : $1,413 PART I, LINE 7: NON-FIXED PAYMENTS OFFICERS, AS WELL AS EMPLOYEES, ARE ELIGIBLE FOR DISCRETIONARY INCENTIVE AWARDS BASED ON EPRI'S RESULTS AGAINST CORPORATE GOALS, WHICH ARE ESTABLISHED BY THE COMPENSATION AND LEADERSHIP DEVELOPMENT COMMITTEE OF THE BOARD, AND EACH INDIVIDUAL'S PERFORMANCE AND CONTRIBUTION TOWARD ACHIEVING THOSE GOALS. INCENTIVE AWARDS ARE STRONGLY TIED TO BOTH CORPORATE AND INDIVIDUAL PERFORMANCE. THE LEVEL OF INCENTIVE AWARDS FOR WHICH AN EMPLOYEE IS ELIGIBLE IS DETERMINED BASED AS A PERCENTAGE OF BASE SALARY, DEPENDING UPON THE EMPLOYEE'S POSITION, AND ARE CONSIDERED IN THE DETERMINATION BY EPRI OF A TOTAL REASONABLE COMPENSATION PACKAGE FOR THE POSITION. THE COMPENSATION AND LEADERSHIP DEVELOPMENT COMMITTEE OF THE BOARD OF DIRECTORS CONSIDERS AND, IN ITS DISCRETIONARY JUDGMENT, APPROVES INCENTIVE PAYMENTS FOR EACH OFFICER AT THE LEVEL OF VICE PRESIDENT OR ABOVE, WITH THE EXCEPTION OF THE INCENTIVE PAYMENT FOR THE CHIEF EXECUTIVE OFFICER WHICH IS CONSIDERED AND, IN ITS DISCRETIONARY JUDGMENT, APPROVED BY THE EXECUTIVE COMMITTEE OF THE BOARD. PART II, COLUMN (C): DEFERRED COMPENSATION FOR CERTAIN OFFICERS OF THE ORGANIZATION, DEFERRED COMPENSATION INCLUDES AMOUNTS EARNED OR ACCRUED (BUT NOT FUNDED OR VESTED) AT DECEMBER 31, 2020 IN CONNECTION WITH THE ORGANIZATION'S LONG-TERM INCENTIVE PROGRAM AND OTHER SPECIFIC RETENTION. FORM 990, PART I, LINE 1 AND FORM 990, PART III, LINE 1: ORGANIZATION'S MISSION AND MOST IMPORTANT ACTIVITIES ELECTRIC POWER RESEARCH INSTITUTE (THE INSTITUTE OR EPRI) CONDUCTS RESEARCH AND DEVELOPMENT RELATING TO GENERATION, DELIVERY AND USE OF ELECTRICITY FOR THE BENEFIT OF THE PUBLIC. AN INDEPENDENT, NONPROFIT ORGANIZATION, EPRI BRINGS TOGETHER ITS SCIENTISTS AND ENGINEERS AS WELL AS EXPERTS FROM ACADEMIA AND INDUSTRY TO HELP ADDRESS CHALLENGES IN ELECTRICITY, INCLUDING RELIABILITY, EFFICIENCY, HEALTH, SAFETY AND THE ENVIRONMENT. EPRI ALSO PROVIDES TECHNOLOGY, POLICY AND ECONOMIC ANALYSES TO DRIVE LONG-RANGE RESEARCH AND DEVELOPMENT PLANNING AND SUPPORTS RESEARCH IN EMERGING TECHNOLOGIES. EPRI'S PRINCIPAL OFFICES AND LABORATORIES ARE LOCATED IN PALO ALTO, CA; CHARLOTTE, NC; KNOXVILLE, TN; AND LENOX, MA. FORM 990, PART VI, SECTION A, LINE 6 EPRI HAS FIVE CLASSES OF MEMBERS, NAMELY: (A) CLASS I (1) ANY PERSON, FIRM, AGENCY OR CORPORATION OWNED BY THE FEDERAL GOVERNMENT, OR BY AN AGENCY, AUTHORITY OR INSTRUMENTALITY OF THE FEDERAL GOVERNMENT, WHICH IS ENGAGED TO A SUBSTANTIAL DEGREE IN THE PRODUCTION, TRANSMISSION OR DISTRIBUTION OF ELECTRIC POWER FOR PUBLIC USE WITHIN THE UNITED STATES; (2) ANY COOPERATIVE ASSOCIATION OR COOPERATIVE CORPORATION WHICH IS ENGAGED TO A SUBSTANTIAL DEGREE IN THE PRODUCTION, TRANSMISSION OR DISTRIBUTION OF ELECTRIC POWER FOR PUBLIC USE WITHIN THE UNITED STATES; (3) ANY NONFEDERAL GOVERNMENTAL OR OTHER PUBLIC AGENCY, AUTHORITY OR INSTRUMENTALITY, OR ANY NON-PROFIT CORPORATION, ASSOCIATION OR OTHER NON-PROFIT ORGANIZATION OPERATING PURSUANT TO GOVERNMENTAL OVERSIGHT OR REGULATION, WHICH IS ENGAGED TO A SUBSTANTIAL DEGREE IN THE PRODUCTION, TRANSMISSION OR DISTRIBUTION OF ELECTRIC POWER FOR PUBLIC USE WITHIN THE UNITED STATES; (4) ANY CORPORATION, ASSOCIATION OR OTHER ORGANIZATION OPERATING PURSUANT TO GOVERNMENTAL OVERSIGHT OR REGULATION, WHICH IS ENGAGED TO A SUBSTANTIAL DEGREE IN OPERATING, MAINTAINING OR ASSURING RELIABILITY OF SYSTEMS FOR THE TRANSMISSION OF ELECTRIC POWER FOR PUBLIC USES WITHIN THE UNITED STATES AND CANADA; OR (5) ANY GOVERNMENTAL OR OTHER PUBLIC AGENCY, AUTHORITY OR INSTRUMENTALITY WITHIN THE UNITED STATES WHICH IS ENGAGED TO A SUBSTANTIAL DEGREE IN DIRECTLY FUNDING RESEARCH AND DEVELOPMENT RELATED TO THE PRODUCTION, TRANSMISSION, DISTRIBUTION, SALE, AND UTILIZATION OF ELECTRIC POWER, INCLUDING BUT NOT LIMITED TO, ENERGY EFFICIENCY, RENEWABLES, AND ENVIRONMENTAL RESEARCH. (B) CLASS II REGULATED DOMESTIC ORGANIZATIONS ENGAGED TO A SUBSTANTIAL DEGREE IN THE PRODUCTION, DISTRIBUTION AND TRANSMISSION OF ELECTRICITY THAT HAVE AN OBLIGATION TO SERVE THE PUBLIC. (C) CLASS III NON-UNITED STATES PUBLIC/MUNICIPAL, COOPERATIVE, AND REGULATED INVESTOR-OWNED ORGANIZATIONS ENGAGED TO A SUBSTANTIAL DEGREE IN THE PRODUCTION, DISTRIBUTION AND TRANSMISSION OF ELECTRICITY, AS WELL AS ANALOGOUS RTO/ISO ORGANIZATIONS. (D) CLASS IV A NON-VOTING CLASS FOR UNREGULATED ORGANIZATIONS ENGAGED TO A SUBSTANTIAL DEGREE IN THE PRODUCTION, TRANSMISSION OR DISTRIBUTION INTO THE WHOLESALE MARKET OF ELECTRIC POWER, WHETHER DOMESTIC OR INTERNATIONAL. (E) CLASS V A NON-VOTING CLASS FOR OTHERS ELIGIBLE FOR MEMBERSHIP IN EPRI, THAT IS, THOSE DIRECTLY OR INDIRECTLY SUPPORTING A DOMESTIC OR INTERNATIONAL PROGRAM FOR ELECTRIC SECTOR RESEARCH. FORM 990, PART VI, SECTION A, LINE 7A MEMBER'S POWER TO ELECT OR APPOINT THE GOVERNING BODY IN 2020, THE MEMBERS OF EPRI'S BOARD OF DIRECTORS WERE ELECTED AND APPOINTED AS FOLLOWS: CLASS I MEMBERS MAY ELECT SEVEN MEMBERS OF THE BOARD. THE TENNESSEE VALLEY AUTHORITY AND THE BONNEVILLE POWER ADMINISTRATION MAY EACH APPOINT ONE MEMBER OF THE BOARD. CLASS II MEMBERS MAY ELECT FIFTEEN MEMBERS OF THE BOARD. CLASS III MEMBERS MAY ELECT SIX MEMBERS OF THE BOARD. THE EPRI GOVERNANCE AND NOMINATING COMMITTEE MAY APPOINT SIX MEMBERS OF THE BOARD. FORM 990, PART VI, SECTION A, LINE 7B GOVERNANCE DECISIONS RESERVED TO MEMBERS MEMBERS HAVE THE POWER TO AMEND THE ARTICLES OF INCORPORATION AND MAY HAVE OTHER POWERS CONFERRED BY THE NONPROFIT CORPORATION CODE OF THE DISTRICT OF COLUMBIA. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 REVIEW PROCESS AN EXTERNAL TAX FIRM AND EPRI STAFF WORK TOGETHER TO GATHER THE INFORMATION NECESSARY TO COMPLETE THE TAX RETURN. THE TAX FIRM PREPARES AN INITIAL DRAFT RETURN AND REVIEWS THE INITIAL DRAFT RETURN WITH THE FINANCE AND LEGAL MANAGEMENT TEAM; ITEMS ARE DISCUSSED AND REVIEWED. RECOMMENDED CHANGES ARE REFLECTED IN THE RETURN AND A DRAFT TAX RETURN IS PREPARED. THE DRAFT TAX RETURN IS PRESENTED TO THE AUDIT COMMITTEE OF THE BOARD OF DIRECTORS FOR THEIR REVIEW AND A COPY IS PROVIDED THROUGH A SECURE LINK TO ALL MEMBERS OF THE BOARD OF DIRECTORS. THE AUDIT COMMITTEE MAY QUESTION EPRI MANAGEMENT AND THE EXTERNAL TAX FIRM OR ASK FOR CLARIFICATION ON ANY ITEM ON THE RETURN. AFTER THE COMMITTEE HAS REVIEWED THE TAX RETURN, THE RETURN IS FILED WITH THE APPROPRIATE GOVERNING TAX AUTHORITIES. FORM 990, PART VI, SECTION B, LINE 12C MONITORING AND ENFORCEMENT OF CONFLICT OF INTEREST POLICY IN ACCORDANCE WITH THE ORGANIZATION'S CONFLICT OF INTEREST POLICY, ALL DIRECTORS, OFFICERS, AND KEY EMPLOYEES FILL OUT AND SIGN A CONFLICT OF INTEREST DISCLOSURE FORM, WHICH IS REVIEWED AND MAINTAINED BY EPRI'S LEGAL AND COMPLIANCE DEPARTMENT. THE FORMS ARE FILLED OUT ON AN ANNUAL BASIS. IF A CONFLICT OF INTEREST WERE TO ARISE, THE KEY EMPLOYEE, OFFICER OR BOARD MEMBER WITH THE CONFLICT WOULD BE RECUSED FROM THE DECISION MAKING PROCESS. FORM 990, PART VI, SECTION B, LINE 15 PROCESS FOR DETERMINING COMPENSATION OF CEO, OFFICERS, AND KEY EMPLOYEES OFFICERS' COMPENSATION DECISIONS FOR THOSE AT THE LEVEL OF VICE PRESIDENT AND ABOVE ARE DETERMINED BY THE COMPENSATION AND LEADERSHIP DEVELOPMENT COMMITTEE OF EPRI'S BOARD OF DIRECTORS, WITH THE EXCEPTION OF DETERMINATION OF COMPENSATION LEVELS FOR THE CEO AND NEW OFFICERS, WHICH ARE USUALLY DETERMINED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS. THE COMMITTEES OBTAIN AND ACT IN RELIANCE UPON APPROPRIATE COMPARABILITY AND BENCHMARKING DATA FOR THE OFFICER POSITIONS FROM A NATIONALLY RECOGNIZED INDEPENDENT SOURCE TO SUPPORT DETERMINATIONS OF FAIR MARKET VALUE OF OFFICERS' COMPENSATION FOR THE SERVICES RENDERED. THE COMMITTEES VOTE ON OFFICER COMPENSATION AT THEIR MEETINGS AND CONCURRENTLY DOCUMENT THE APPROVAL IN THE MINUTES. FORM 990, PART VI, SECTION B, LINE 16B: PARTICIPATION IN JOINT VENTURE/SIMILAR ARRANGEMENT WITH A TAXABLE ENTITY AS DEFINED BY THE FORM 990 INSTRUCTIONS, A JOINT VENTURE OR SIMILAR ARRANGEMENT (OR A "VENTURE OR ARRANGEMENT") MEANS ANY JOINT OWNERSHIP OR CONTRACTUAL ARRANGEMENT THROUGH WHICH THERE IS AN AGREEMENT TO JOINTLY UNDERTAKE A SPECIFIC BUSINESS ENTERPRISE, INVESTMENT, OR EXEMPT-PURPOSE ACTIVITY WITHOUT REGARD TO (1) WHETHER THE ORGANIZATION CONTROLS THE VENTURE OR ARRANGEMENT, AND (2) THE LEGAL STRUCTURE OF THE VENTURE OR ARRANGEMENT. EPRI PERFORMS SERVICES WORK AND OTHER UNRELATED BUSINESS ACTIVITIES AND REPORTS THAT WORK AS UNRELATED BUSINESS INCOME FOR APPROPRIATE TAX TREATMENT. PARTICULAR CARE IS TAKEN IN STRUCTURING BUSINESS ARRANGEMENTS SUCH AS COMMERCIALIZATION TRANSACTIONS, STRATEGIC ALLIANCES, SERVICE CENTERS, AND OTHER SIMILAR ARRANGEMENTS, INCLUDING OBTAINING ADVICE EARLY IN THE PROCESS, IN ORDER TO PROTECT EPRI'S TAX-EXEMPT STATUS AND MINIMIZE ANY LIABILITY. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS MADE AVAILABLE TO THE PUBLIC EPRI MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND AUDITED FINANCIAL STATEMENTS FOR THE PAST THREE YEARS AVAILABLE TO THE PUBLIC THROUGH ITS OWN WEBSITE. 3420 HILLVIEW LLC 3420 HILLVIEW AVENUE PALO ALTO CA 94304 832331086 REAL ESTATE CA 0 1022 EPRI ELECTRICITY INNOVATION INSTITUTE 3420 HILLVIEW AVENUE PALO ALTO CA 94304 770562327 DORMANT CA 501(C)(3) 12-I EPRI INC 1 EPRI INTERNATIONAL INC 3420 HILLVIEW AVENUE PALO ALTO CA 94304 522357247 INTL SALES DE EPRI C 581614 5243441 1.00000 1 EPRI EUROPE DAC BLOCKS 9-10 NEXUS UCD BELFIELD OF DUBLIN EI D04 V2N9 R&D APPLIC EI EPRI INTER INC C 216807 1942317 1.00000 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 0 0 EPRI INTERNATIONAL INC M 9105717 ACTUAL EXPENSE SCHEDULE R, PART II ELECTRICITY INNOVATION INSTITUTE WAS CLOSED IN 2020.