2019-07-09T13:33:23-05:00 2018-12-31 222428965 CITRIN COOPERMAN & COMPANY LLP 2 BETHESDA METRO CENTER 11TH FLOOR BETHESDA MD 20814 990 2018-01-01 521497342 ELECTRIC POWER SUPPLY ASSOCIATION ELEC 2026288200 1401 NEW YORK AVE NO 950 WASHINGTON DC 20005 JOHN E SHELK CEO & PRESIDENT 2026288200 2019-06-28 1 BRIAN J GIGANTI P00646609 3016549000 71.191.40.50 2019-06-28 15:10:37 ED P DC2BF0BC12F56991CA6DF035B07BD13E1E6546F8 BB899757BE57E2B53604C9A7A595A0E284CEF198 2018 2019-02-21 02:37:17Z JOHN E SHELK 1401 NEW YORK AVE NO 950 WASHINGTON DC 20005 3359758 0 X WWW.EPSA.ORG X 1997 DC REPRESENT COMPETITIVE POWER SUPPLY INDUSTRY, INCLUDING INDEPENDENT POWER PRODUCERS AND MARKETERS 14 14 5 14 0 9346 0 0 3473112 3247950 92655 111808 0 0 3565767 3359758 0 0 0 0 2149678 1829791 0 0 0 1267686 1374799 3417364 3204590 148403 155168 4400570 5131734 1206850 1864013 3193720 3267721 X TO PROMOTE A FAVORABLE MARKET ENVIRONMENT FOR THE COMPETITIVE ELECTRIC INDUSTRY, TO SUPPORT THE DEVELOPMENT OF LEGISLATIVE AND REGULATORY POLICIES THAT ENCOURAGE THE DEVELOPMENT AND IMPLEMENTATION OF A COMPETITIVE MARKET FOR ELECTRICITY, TO IMPROVE THE PUBLIC AWARENESS OF THE COMPETITIVE ELECTRIC INDUSTRY, TO PROVIDE MEMBERS WITH INFORMATION ABOUT LEGISLATION AND REGULATORY POLICIES OF INTEREST TO THEM, TO ADVOCATE POLICIES IN ALL PERTINENT NATIONAL FORUMS, TO ADVANCE THE INTEREST OF ITS MEMBERS, AND TO ENGAGE IN ALL LAWFUL ACTIVITIES IN FURTHERANCE OF THE FOREGOING PURPOSES. 0 0 REGULATORY AFFAIRS:REGULATORY AFFAIRS IS RESPONSIBLE FOR IMPLEMENTING AND ARTICULATING THE ASSOCIATION'S POSITIONS BEFORE REGULATORY AGENCIES, PRIMARILY THE FEDERAL ENERGY REGULATORY COMMISSION (FERC). POLICY ISSUES RELATED TO THE REGULATION AND DEVELOPMENT OF COMPETITIVE WHOLESALE ELECTRICITY MARKETS ARE ADDRESSED. LEGISLATIVE AFFAIRS:LEGISLATIVE AFFAIRS IS RESPONSIBLE FOR IMPLEMENTING AND ARTICULATING THE FEDERAL LEGISLATIVE POSITIONS OF THE ASSOCIATION AS WELL AS KEEPING ASSOCIATION MEMBERS INFORMED ABOUT FEDERAL LEGISLATIVE ISSUES OF INTEREST. IT ALSO OVERSEES THE CONGRESSIONAL LOBBYING EFFORTS OF THE ASSOCIATION. STATE ISSUES:STATE ISSUES INVOLVES MONITORING COMPETITIVE ELECTRICITY POLICY DEVELOPMENTS AT THE STATE AND REGIONAL LEVELS, INCLUDING MATTERS BEFORE THE NATIONAL ASSOCIATION OF REGULATORY UTILITY COMMISSIONERS THAT OVERLAPS THE ASSOCIATION'S EMPHASIS ON FEDERAL POLICY ISSUES. STATE ISSUES COORDINATES WITH STATE AND REGIONAL PARTNER ORGANIZATIONS AND COALITIONS AS WELL AS SELECTIVELY ENGAGES DIRECTLY IN HIGH PRIORITY STATES. PUBLIC AFFAIRS POLICY RESEARCH AND ANALYSIS SPECIAL PROJECTS 0 0 1 1 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 0 0 0 1 1 0 0 1 9 0 1 5 1 1 1 0 0 0 0 0 1 0 X 14 14 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X X ELECTRIC POWER SUPPLY ASSOCIATION 5717233329 1401 NEW YORK AVENUENW SUITE 950 WASHINGTON DC 20005 MAURICIO GUTIERREZ CHAIRPERSON 2.00 X X 0 0 0 PAUL SEGAL VICE-CHAIRPERSON 2.00 X X 0 0 0 MARK SUDBEY TREASURER/SECRETARY 2.00 X X 0 0 0 MARK CONDON DIRECTOR 2.00 X 0 0 0 JILL DAVIES DIRECTOR 2.00 X 0 0 0 ROB GORSKI DIRECTOR 2.00 X 0 0 0 SCOTT HARLAN DIRECTOR 2.00 X 0 0 0 THAD HILL DIRECTOR 2.00 X 0 0 0 DAWN FARRELL DIRECTOR 2.00 X 0 0 0 GARY LAMBERT JR DIRECTOR 2.00 X 0 0 0 CURTIS MORGAN DIRECTOR 2.00 X 0 0 0 MICHAEL POLSKY DIRECTOR 2.00 X 0 0 0 TYLER REEDER DIRECTOR 2.00 X 0 0 0 KEVIN SMITH DIRECTOR 2.00 X 0 0 0 JOHN SHELK CEO & PRESIDENT 40.00 X 1133297 0 34672 NANCY BAGOT SENIOR VICE PRESIDENT 40.00 X 285701 0 34672 SHARON THEODORE SENIOR DIRECTOR, REGULATORY AFFAIRS 40.00 X 197652 0 29983 WILLIAM ZURETTI DIRECTOR, REGULATORY AFFAIRS & COUNSEL 40.00 X 160050 0 26625 1776700 0 125952 4 0 1 0 KING & SPALDING 1700 PENNSYLVANIA AVENUE NW WASHINGTON DC 20006 LEGAL SERVICES 538829 E-CUBED POLICY ASSOCIATES 5502 NW 81ST AVE GAINESVILLE FL 32653 CONSULTING 140000 ENERGYZT ADVISORS PO BOX 174 COHASSET MA 02025 CONSULTING 132080 BDO USA 8401 GREENSBORO DR SUITE 800 MCLEAN VA 22102 ACCOUNTING SERVICES 120000 KORN FERRY INTERNATIONAL PO BOX 1450 MINNEAPOLIS MD 55485 EXECUTIVE SEARCH 110880 5 MEMBERSHIP DUES 900099 3247950 3247950 3247950 111808 111808 3359758 3247950 0 111808 1660375 73913 5536 28893 61074 391988 151789 91500 366298 71927 193427 58110 9389 1120 14558 14256 BAD DEBT EXPENSE 10437 3204590 60 53 609886 1319611 51732 74660 22785 19320 314869 296740 32687 18129 3663963 3680504 19457 19457 4400570 5131734 939126 562580 139150 1216050 128574 85383 1206850 1864013 X 3193720 3267721 3193720 3267721 4400570 5131734 155168 -81167 0 X X 0 1 X 1 0 1515 0 1515 1515 0 ELECTRIC POWER SUPPLY ASSOCIATION POLITICAL ACTION COMMITTEE 1401 NEW YORK AVENUE SUITE 950 WASHINGTON DC 20005 020599070 1515 0 0 0 3247950 186647 186647 487193 -300546 PART I-A, LINE 1: ELECTRIC POWER SUPPLY ASSOCIATION POLITICAL ACTION COMMITTEE MAKES CAMPAIGN CONTRIBUTIONS TO CANDIDATES FOR FEDERAL OFFICE. PART I-C, LINE 4 FORM 1120-POL, IF REQUIRED, IS FILED BY ELECTRIC POWER SUPPLY ASSOCIATION POLITICAL ACTION COMMITTEE NOT BY ELECTRIC POWER SUPPLY ASSOCIATION. 20842 9842 11000 236427 230949 5478 57600 55949 1651 18129 CAPITAL LEASE OBLIGATION 5678 DEFERRED RENT 79705 85383 X PART X, LINE 2: THE ASSOCIATION RECOGNIZES AND MEASURES ITS UNRECOGNIZED TAX BENEFITS IN ACCORDANCE WITH FASB ASC 740, INCOME TAXES. UNDER THIS GUIDANCE, THE ASSOCIATION ASSESSES THE LIKELIHOOD, BASED ON THEIR TECHNICAL MERIT, THAT TAX POSITIONS WILL BE SUSTAINED UPON EXAMINATION BASED ON THE FACTS, CIRCUMSTANCES AND INFORMATION AVAILABLE AT THE END OF EACH PERIOD. THE MEASUREMENT OF UNRECOGNIZED TAX BENEFITS IS ADJUSTED WHEN NEW INFORMATION IS AVAILABLE, OR WHEN AN EVENT OCCURS THAT REQUIRES A CHANGE. USING THIS GUIDANCE, MANAGEMENT BELIEVES THAT THE ASSOCIATION HAD NO UNCERTAIN TAX POSITIONS THAT QUALIFIED FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS AS OF DECEMBER 31, 2018 AND 2017. X 1 1 X X X X X 0 0 0 JOHN SHELK CEO & PRESIDENT 606027 0 527270 0 0 0 19250 0 15422 0 1167969 0 0 0 NANCY BAGOT SENIOR VICE PRESIDENT 240701 0 45000 0 0 0 19250 0 15422 0 320373 0 0 0 SHARON THEODORE SENIOR DIRECTOR, REGULATORY AFFAIRS 170652 0 27000 0 0 0 14435 0 15548 0 227635 0 0 0 WILLIAM ZURETTI DIRECTOR, REGULATORY AFFAIRS & COUNS 139050 0 21000 0 0 0 11203 0 15422 0 186675 0 0 0 PART I, LINE 1A EPSA'S EMPLOYEE MANUAL REQUIRES STAFF TO TRAVEL ECONOMY/COACH AIRFARE. ON OCCASION FIRST CLASS TRAVEL OCCURS WITH COMPLIMENTARY UPGRADES UNDER AN AIRLINE FREQUENT FLYER BENEFIT PROGRAM OR THE EMPLOYEE PAYS FOR THE UPGRADE. EPSA DOES NOT PROVIDE PAID FIRST CLASS RESERVATIONS. EPSA DOES NOT PROVIDE FOR PAID UPGRADES. FORM 990, PART VI, SECTION A, LINE 6 EPSA MEMBERSHIP CATEGORIES: BOARD MEMBER: ANY COMPANY OR ENTITY THAT IS DIRECTLY INVOLVED IN THE PRODUCTION, SALE, OR SUPPLY OF COMPETITIVE ELECTRIC POWER IS ELIGIBLE FOR MEMBERSHIP AS A BOARD MEMBER OF EPSA. ASSOCIATE MEMBER: ANY COMPANY OR ENTITY THAT IS DIRECTLY INVOLVED IN THE PRODUCTION, SALE, OR SUPPLY OF COMPETITIVE ELECTRIC POWER, IS ELIGIBLE FOR ASSOCIATE MEMBERSHIP IN EPSA, PROVIDED THEY HAVE AN EQUITY OWNERSHIP IN NOT MORE THAN 350 MWS OF COMPETITIVE GENERATION IN THE UNITED STATES, OR IF THEY OWN NO GENERATION ASSETS, SELL LESS THAN 10 MILLION MWHS OF POWER ON AN ANNUAL BASIS UNDER A FERC APPROVED MARKET-BASED TARIFF AND AS A STATE APPROVED ENERGY SERVICES PROVIDER (OR EQUIVALENT). STATE & REGIONAL PARTNERS: ANY STATE OR REGIONAL INDEPENDENT POWER ASSOCIATION IS ELIGIBLE FOR STATE & REGIONAL PARTNER MEMBERSHIP IN EPSA. FORM 990, PART VI, SECTION A, LINE 7A DIRECTORS ARE REPRESENTATIVES APPOINTED BY THE BOARD LEVEL MEMBER COMPANIES. EACH BOARD LEVEL MEMBER COMPANY RECEIVES ONE SEAT ON THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B A DRAFT IS PREPARED BY THE OUTSIDE ACCOUNTANT AND IS REVIEWED BY THE CEO. ONCE APPROVED, THE DRAFT IS PROVIDED TO THE BOARD FOR REVIEW. AFTER THE BOARD'S REVIEW, THE FORM IS SIGNED BY THE CEO AND THE RETURN IS FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C MEMBERS ARE AWARE OF THE POLICY AND ARE EXPECTED TO DISCLOSE ANY CONFLICTS. DUE TO THE SIZE OF THE ORGANIZATION THE CEO IS ABLE TO MONITOR THE ACTIVITIES OF THE STAFF BY INTERACTING WITH THEM AND THE MEMBER COMPANIES. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD REVIEWS THE CEO'S PERFORMANCE, AND WITH THE AID OF PUBLISHED SALARY SURVEYS, DETERMINES THE CEO'S COMPENSATION. THE BOARD CHAIRMAN THEN NOTIFIES THE CEO AND THE OUTSIDE ACCOUNTANTS VIA EMAIL OF THE BOARD'S DECISION. THE CEO OPERATES UNDER A WRITTEN CONTRACT. UNDER A BOARD APPROVED BUDGET, THE CEO IS AUTHORIZED TO DETERMINE COMPENSATION FOR KEY EMPLOYEES WITH INPUT FROM SEARCH FIRMS AND INDUSTRY STANDARDS. FORM 990, PART VI, SECTION C, LINE 19 THE BYLAWS, GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED. THE CEO AND BOARD OVERSEE THE AUDIT AND THE SELECTION OF THE AUDIT FIRM. ELECTRIC POWER SUPPLY ASSOCIATION POLITICAL ACTION COMMITTEE 1401 NEW YORK AVENUENW SUITE 1230 WASHINGTON DC 20005 020599070 SUPPORTS CANDIDATES THAT REPRESENT EPSA MEMBERS' VIEWS DC 527 ELECTRIC POWER SUPPLY ASSOCIATION 1 0 1 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0