2020-11-03T13:27:19-06:00 2019-12-31 HAN GROUP LLC 1020 19TH STREET NW SUITE 800 WASHINGTON DC 20036 990 2019-01-01 760149778 INSTITUTE FOR ENERGY RESEARCH INST 2026212950 1155 15TH STREET NW NO 900 WASHINGTON DC 20005 THOMAS PYLE PRESIDENT 2026212950 2020-11-02 1 JENNIFER S HAN P00633304 2022937000 2020-11-02 38.105.93.110 2020-11-02 12:05:09 ES P B0C8BF4B1486649435522E4C0BC0027814BD00CA 9EC43C52CA45E21909336844052E207A65737BCB 2019 2021-01-29 14:40:06Z THOMAS PYLE 1155 15TH STREET NW NO 900 WASHINGTON DC 20005 1713823 0 X WWW.INSTITUTEFORENERGYRESEARCH.ORG X 1989 TX THE INSTITUTE FOR ENERGY RESEARCH (IER) IS A NOT-FOR-PROFIT ORGANIZATION THAT CONDUCTS INTENSIVE RESEARCH AND ANALYSIS ON THE FUNCTIONS, OPERATIONS, AND GOVERNMENT REGULATION OF GLOBAL ENERGY MARKETS. IER MAINTAINS THAT FREELY-FUNCTIONING ENERGY MARKETS PROVIDE THE MOST EFFICIENT AND EFFECTIVE SOLUTIONS TO TODAY'S GLOBAL ENERGY AND ENVIRONMENTAL CHALLENGES AND, AS SUCH, ARE CRITICAL TO THE WELL-BEING OF INDIVIDUALS AND SOCIETY. 5 5 12 5 0 0 1539055 1644951 51973 25209 1523 6781 31582 36882 1624133 1713823 0 0 0 0 747958 679238 0 0 115261 881333 851449 1629291 1530687 -5158 183136 2269052 2379895 240877 168584 2028175 2211311 X THE INSTITUTE FOR ENERGY RESEARCH (IER) IS A NOT-FOR-PROFIT ORGANIZATION THAT CONDUCTS INTENSIVE RESEARCH AND ANALYSIS ON THE FUNCTIONS, OPERATIONS, AND GOVERNMENT REGULATION OF GLOBAL ENERGY MARKETS. IER MAINTAINS THAT FREELY-FUNCTIONING ENERGY MARKETS PROVIDE THE MOST EFFICIENT AND EFFECTIVE SOLUTIONS TO TODAY'S GLOBAL ENERGY AND ENVIRONMENTAL CHALLENGES AND, AS SUCH, ARE CRITICAL TO THE WELL-BEING OF INDIVIDUALS AND SOCIETY. 0 0 734660 0 3009 PUBLIC EDUCATION: IER TURNS RESEARCH INTO EDUCATIONAL MATERIALS. IER'S COMMUNICATION AND EDUCATION EFFORTS ARE DISSEMINATED EMPLOYING BOTH TRADITIONAL AND NEW MEDIA TO EDUCATE POLICY MAKERS, THE MEDIA, THE GENERAL PUBLIC, AND OTHER CONSTITUENCIES ON ENERGY ISSUES AND SOUND ENERGY AND ENVIRONMENTAL POLICY. 467278 0 25200 RESEARCH: IER CONDUCTS INTENSIVE, ORIGINAL RESEARCH AND ANALYSIS ON THE FUNCTIONS, OPERATIONS, AND GOVERNMENT REGULATION OF GLOBAL ENERGY MARKETS. IER HAS EARNED A SOLID REPUTATION AS A PREMIER SOURCE OF ACCURATE, SUBSTANTIVE AND TIMELY ENERGY INFORMATION FOR POLICY MAKERS, THE MEDIA, AND PUBLIC. IER'S SCHOLARLY RESEARCH PROVIDES THE INTELLECTUAL UNDERPINNINGS FOR OUR EDUCATIONAL EFFORTS. THIS YEAR WE FOCUSED ON IMPEDIMENTS TO DOMESTIC ENERGY PRODUCTION, INCLUDING GOVERNMENT RESTRICTIONS ON ACCESS, BURDENSOME REGULATIONS, AND THE FAVORITISM OF ENERGY SOURCES THAT ARE UNSUSTAINABLE IN THE MARKET PLACE. 1201938 1 1 0 1 0 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 1 0 1 15 0 1 12 1 0 0 0 0 0 0 0 0 0 0 0 0 X 5 5 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AL AK AR CO CT FL GA HI IL KS KY ME MD MA MI MN MS NH NJ NM NC ND OH OK OR PA RI SC TN UT VA WA WV WI NV DC X THE ORGANIZATION 2026212950 1155 15TH STREET NW NO 900 WASHINGTON DC 20005 PRESTON MARSHALL CHAIRMAN 1.00 X 0 0 0 JAMES CLARKSON DIRECTOR 1.00 1.00 X 0 0 0 WAYNE GABLE DIRECTOR 1.00 1.00 X 0 0 0 STEVEN F HAYWARD DIRECTOR 1.00 X 0 0 0 TRENT SEBITS DIRECTOR 1.00 X 0 0 0 THOMAS PYLE PRESIDENT 10.00 40.00 X 77823 328297 29680 ROBERT BRADLEY CHIEF EXECUTIVE OFFICER 45.00 5.00 X 159271 17334 16226 LISA WALLACE SR VP / SEC / TREAS 15.00 35.00 X 88540 197580 26296 DUSTIN DEBERRY DIRECTOR OF DONOR RELATIONS 21.00 29.00 X 47002 65121 8057 372636 608332 80259 1 0 1 0 NJI MEDIA LLC 101 1/2 SOUTH UNION STREET ALEXANDRIA VA 22314 MEDIA SERVICES AND CONSULTING 111504 1 425000 1219951 426945 1644951 CONTRACT REVENUE 900099 25200 25200 PUBLICATIONS 451211 9 9 25209 6781 6781 EXPENSE REIMBURSEMENT 900099 32680 32680 HONORARIUM 812900 3000 3000 MISCELLANEOUS INCOME 900099 1202 1202 36882 1713823 28209 0 40663 X 354091 284780 22271 47040 270117 205555 59488 5074 8995 6869 2060 66 13001 10105 2838 58 33034 26104 4429 2501 7793 7793 59740 59740 476079 459606 277 16196 52029 30766 7234 14029 95512 75586 12590 7336 32822 17487 15335 125 125 391 391 56396 44630 7434 4332 27710 21929 3653 2128 TELECOMMUNICATIONS 22661 16536 1421 4704 LICENSES/REGISTRATIONS 11829 0 1735 10094 BANK FEES 5055 0 3709 1346 BENEFIT PLAN ADMIN 2551 1860 510 181 756 580 176 1530687 1201938 213488 115261 223453 437099 1520605 1318832 323652 455733 7701 7701 19826 25707 778829 686011 131810 92818 42005 42005 2269052 2379895 159380 80648 3000 0 78497 87936 240877 168584 X 2028175 2211311 2028175 2211311 2269052 2379895 183136 0 X X 0 1 X 1 0 X 2969019 1854663 789113 1539055 1644951 8796801 2969019 1854663 789113 1539055 1644951 8796801 4955474 3841327 909 2108 3415 1523 6781 14736 1487 1378 31082 1202 35149 8846686 235664 0.43420 0.44850 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2015 AMOUNT: $ 1,487. 2016 AMOUNT: $ 0. 2017 AMOUNT: $ 1,378. 2018 AMOUNT: $ 31,082. 2019 AMOUNT: $ 1,202. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1530687 1530687 226534 56634 0 0 227406 215264 231465 226534 900669 1351004 56852 53816 57866 56634 225168 337752 451769 420460 31309 253405 207114 46291 73655 58437 15218 92818 CAPITAL LEASE OBLIGATION 7487 DEFERRED RENT AND LEASE INCENTIVE 80449 87936 X PART X, LINE 2: THE INSTITUTE FOLLOWS THE AUTHORITATIVE GUIDANCE RELATING TO ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES INCLUDED IN ACCOUNTING STANDARDS CODIFICATION TOPIC 740-10, INCOME TAXES. THESE PROVISIONS PROVIDE CONSISTENT GUIDANCE FOR THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ENTITY'S FINANCIAL STATEMENTS AND PRESCRIBE A THRESHOLD OF "MORE LIKELY THAN NOT" FOR RECOGNITION AND DERECOGNITION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. IT IS THE INSTITUTE'S POLICY TO RECOGNIZE INTEREST AND/OR PENALTIES RELATED TO UNCERTAIN TAX POSITIONS, IF ANY, IN INCOME TAX EXPENSES. THE INSTITUTE PERFORMED AN EVALUATION OF UNCERTAIN TAX POSITIONS FOR THE YEAR ENDED DECEMBER 31, 2019, AND DETERMINED THAT THERE WERE NO MATTERS THAT WOULD REQUIRE RECOGNITION IN THE CONSOLIDATED FINANCIAL STATEMENTS OR THAT MAY HAVE ANY EFFECT ON ITS TAX-EXEMPT STATUS. THE STATUTE OF LIMITATIONS GENERALLY REMAINS OPEN FOR THREE TAX YEARS WITH THE U.S. FEDERAL JURISDICTION OR THE VARIOUS STATES AND LOCAL JURISDICTIONS IN WHICH THE INSTITUTE FILES TAX RETURNS. IT IS THE INSTITUTE'S POLICY TO RECOGNIZE INTEREST AND/OR PENALTIES RELATED TO UNCERTAIN TAX POSITIONS, IF ANY, IN INCOME TAX EXPENSES. X X X X 0 0 0 0 0 0 0 1 0 THOMAS PYLE PRESIDENT 54828 231292 22995 97005 0 0 2146 9054 3541 14939 83510 352290 0 0 ROBERT BRADLEY CHIEF EXECUTIVE OFFICER 136724 14880 22547 2454 0 0 6494 707 8139 886 173904 18927 0 0 LISA WALLACE SR VP / SEC / TREAS 57595 128525 30945 69055 0 0 3466 7734 4671 10425 96677 215739 0 0 PART I, LINE 7 IER AWARDED DISCRETIONARY PERFORMANCE-BASED INCENTIVE BONUSES TO THE INDIVIDUALS LISTED IN PART VII OF FORM 990 AND SCHEDULE J. THESE BONUSES WERE ALLOCATED PROPORTIONATELY BETWEEN IER AND THE AMERICAN ENERGY ALLIANCE (AEA), A RELATED 501(C)(4), WITH WHOM IER SHARES EMPLOYEES UNDER A COMMON PAYMASTER ARRANGEMENT, BASED ON SALARY ALLOCATED TO EACH ORGANIZATION DURING THE CALENDAR YEAR. X 2 426945 FMV 0 0 0 PART I, COLUMN (B): THE ORGANIZATION REPORTED THE NUMBER OF CONTRIBUTIONS IN PART 1. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN OUTSIDE CPA FIRM AND IS REVIEWED AND APPROVED BY MANAGEMENT FOR ACCURACY. THE FORM 990 IS PROVIDED TO THE BOARD OF DIRECTORS OF IER PRIOR TO FILING. THE FORM 990 IS REVIEWED AND SIGNED BY THE PRESIDENT FOR FILING BY THE DEADLINE. FORM 990, PART VI, SECTION B, LINE 12C AS A GENERAL RULE, THE ORGANIZATION DOES NOT ENTER INTO BUSINESS TRANSACTIONS WITH MEMBERS OF THE BOARD OF DIRECTORS AND REVIEWS ALL TRANSACTIONS FOR POTENTIAL CONFLICTS OF INTEREST. IF MANAGEMENT OR THE BOARD OF DIRECTORS BELIEVES A CONFLICT OF INTEREST EXISTS, THE CONFLICT OF INTEREST POLICY PROVIDES FOR SPECIFIC PROCEDURES TO ADDRESS THE CONFLICT. INDIVIDUALS COVERED UNDER THIS POLICY INCLUDE OFFICERS, DIRECTORS, AND A MEMBER OF A COMMITTEE WITH BOARD DELEGATED POWERS. CONFLICTS WHICH MUST BE REPORTED INCLUDE TRANSACTIONS WITH THESE INDIVIDUALS, MEMBERS OF THEIR FAMILY, ENTITIES IN WHICH THEY HAVE AN INVESTMENT IN OR RECEIVE COMPENSATION FROM, AND ANY RELATIONSHIPS IN WHICH THE BOARD OF DIRECTORS IN ITS SOLE DISCRETION BELIEVES MAY OR DOES CREATE A CONFLICT OF INTEREST. THE POLICY SETS FORTH A REQUIREMENT TO DISCLOSE THESE CONFLICTS. THE GOVERNING BOARD MAKES ALL DECISIONS REGARDING THE DETERMINATION THAT A CONFLICT IN FACT EXISTS AND IN THE DETERMINATION OF THE APPROPRIATE COURSE OF ACTION TO RESOLVE THE CONFLICT. THE PARTY WITH THE POTENTIAL CONFLICT MAY PRESENT HIS OR HER CASE TO THE BOARD OF DIRECTORS, BUT MAY NOT BE INVOLVED IN THE DELIBERATION AND FINAL VOTE OR ACTION OF THE BOARD OF DIRECTORS. EMPLOYEES ARE ALSO SUBJECT TO A CONFLICT OF INTEREST POLICY CONTAINED IN THE EMPLOYEE MANUAL. SIMILAR TO THE PROCESS DESCRIBED ABOVE, THE GOVERNING BOARD AND/OR PRESIDENT MAKE ALL DECISIONS REGARDING THE DETERMINATION THAT A CONFLICT IN FACT EXISTS AND THE BOARD OF DIRECTORS DETERMINES THE APPROPRIATE COURSE OF ACTION TO RESOLVE THE CONFLICT. THE PARTY WITH THE POTENTIAL CONFLICT MAY PRESENT HIS OR HER CASE TO THE PRESIDENT AND/OR BOARD OF DIRECTORS, BUT MAY NOT BE INVOLVED IN THE DELIBERATION AND FINAL VOTE OR ACTION OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 15 THE PROCESS USED BY IER TO DETERMINE THE COMPENSATION OF THE CEO IS BASED UPON COMPARABLE SALARIES FOR EXECUTIVES WITH SIMILAR EXPERIENCE AND RESPONSIBILITIES IN THE NONPROFIT SECTOR AND IS APPROVED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS. THE EXECUTIVE COMMITTEE REPORTS TO THE BOARD, AT THE NEXT BOARD MEETING, ALL OF ITS ACTIONS SINCE THE LAST BOARD MEETING. DELIBERATION AND APPROVAL OF THE SALARY IS MADE DURING AN EXECUTIVE SESSION AND INSTRUCTIONS AS TO THE SALARY LEVEL OF THE PRESIDENT ARE MADE IN WRITING BY A MEMBER OF THE EXECUTIVE COMMITTEE TO MANAGEMENT. SALARIES FOR TOP MANAGEMENT ARE ALSO BASED ON COMPARABLE SALARIES OF SENIOR LEVEL MANAGERS IN THE NONPROFIT SECTOR USING FORM 990'S FROM COMPARABLE ORGANIZATIONS AS WELL AS PUBLISHED SALARY SURVEYS. THE RECOMMENDED SALARIES ARE PROPOSED TO THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS FOR THEIR APPROVAL. COPIES OF THE SALARY INFORMATION USED IN DETERMINING THE SALARY LEVELS ABOVE AND DOCUMENTS NOTING THE APPROVED SALARIES ARE MAINTAINED AT THE CORPORATE HEADQUARTERS OF IER. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION, UPON REQUEST, MAKES AVAILABLE TO THE PUBLIC ITS FORM 990 AND ALL OTHER DOCUMENTS REQUIRED BY LAW. FINANCIAL STATEMENTS AND ANY POLICY DOCUMENTS ARE PROVIDED TO INTERESTED PARTIES, SUCH AS FUNDERS, UPON REQUEST. THE BOARD RESERVES THE RIGHT TO EVALUATE THE NECESSITY OF EACH SUCH REQUEST FOR FINANCIAL STATEMENTS AND POLICY DOCUMENTS AND TO DETERMINE, IN ITS SOLE DISCRETION, WHETHER TO RELEASE THESE DOCUMENTS TO AN OUTSIDE PARTY. FORM 990, PART IX, LINE 11G RESERACH/WRITING: PROGRAM SERVICE EXPENSES 285,500. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 9,000. TOTAL EXPENSES 294,500. CONTRACT CONSULTANT FEES: PROGRAM SERVICE EXPENSES 43,000. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 6,000. TOTAL EXPENSES 49,000. NEW MEDIA AND IT CONSULTING AND SERVICES: PROGRAM SERVICE EXPENSES 131,106. MANAGEMENT AND GENERAL EXPENSES 277. FUNDRAISING EXPENSES 1,196. TOTAL EXPENSES 132,579. FORM 990, PART XII, LINE 2C THE ORGANIZATION NEITHER CHANGED ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR. AMERICAN ENERGY ALLIANCE 1155 15TH STREET NW SUITE 900 WASHINGTON DC 20005 262731617 EDUCATIONAL ADVOCACY DC 501(C)(4) N/A INSTITUTE FOR ENERGY RESEARCH 1 0 0 1 0 1 0 0 0 0 0 0 0 0 1 1 0 1 0 0 AMERICAN ENERGY ALLIANCE N 881796 ACTUAL COST AMERICAN ENERGY ALLIANCE O 259948 ACTUAL COST AMERICAN ENERGY ALLIANCE Q 1010263 ACTUAL COST