2019-09-23T13:49:29-05:00 2018-12-31 113518842 MARKS PANETH LLP 685 THIRD AVENUE NEW YORK NY 10017 990 2018-01-01 061784395 NORTHEAST POWER COORDINATING COUNCILINC NORT 2128401070 1040 AVENUE OF THE AMERICAS 10TH FL NEW YORK NY 100183703 JENNIFER BUDD MATTIELLO SENIOR VICE PRESIDENT AND COO 2128401070 2019-09-19 1 WEIR CHRISTOPHER P00132471 2125038800 69.74.165.34 2019-09-19 14:28:53 ED P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 6C9B1A35775087DBDB8A6D25ECA509C7F6C27838 2018 2019-02-21 02:37:17Z EDWARD A SCHWERDT 1040 AVENUE OF THE AMERICAS 10TH FL NEW YORK NY 100183703 15573154 0 X NPCC.ORG X 2006 NY NORTHEAST POWER COORDINATING COUNCIL, INC. IS RESPONSIBLE FOR PROMOTING AND IMPROVING THE RELIABILITY OF THE INTERNATIONAL, INTERCONNECTED BULK POWER SYSTEMS IN NORTHEASTERN NORTH AMERICA. 16 14 44 17 0 74873 0 0 15430654 15544377 11502 28777 0 0 15442156 15573154 0 0 0 0 9931781 10055833 0 0 0 5653224 5602024 15585005 15657857 -142849 -84703 10338912 10126192 3905779 3853635 6433133 6272557 X NORTHEAST POWER COORDINATING COUNCIL, INC. (NPCC) IS A 501(C)(6) NOT-FOR-PROFIT CORPORATION IN THE STATE OF NEW YORK RESPONSIBLE FOR PROMOTING AND IMPROVING THE RELIABILITY OF THE INTERNATIONAL, INTERCONNECTED BULK POWER SYSTEMS IN NORTHEASTERN NORTH AMERICA THROUGH THE DEVELOPMENT OF REGIONAL RELIABILITY STANDARDS AND COMPLIANCE ASSESSMENT AND ENFORCEMENT OF CONTINENT-WIDE AND REGIONAL RELIABILITY STANDARDS, COORDINATION OF SYSTEM PLANNING, DESIGN AND OPERATIONS, AND ASSESSMENT OF RELIABILITY, AND THE ESTABLISHMENT OF REGIONALLY-SPECIFIC CRITERIA, AND MONITORING AND ENFORCEMENT OF COMPLIANCE WITH SUCH CRITERIA. 0 0 THE FIRST OF THREE LARGEST PROGRAM SERVICES BY EXPENSE IS COMPLIANCE ENFORCEMENT AND ORGANIZATION CERTIFICATION AND REGISTRATION (CORC).NPCC'S LARGEST PROGRAM AREA AND MOST SIGNIFICANT PORTION OF RESOURCES GOES TO RIGOROUS MONITORING AND ENFORCEMENT OF REGISTERED ENTITIES' COMPLIANCE WITH MANDATORY RELIABILITY STANDARDS FOCUSED ON ENHANCING BULK POWER SYSTEM RELIABILITY. NPCC DEVELOPED AND MAINTAINS A ROBUST SET OF ONLINE TOOLS FOR GATHERING DATA, ANALYSIS, AND TRACKING OF COMPLIANCE INFORMATION TO ASSESS AND IMPROVE RELIABILITY. NPCC'S PROGRAM AREAS ARE CONSISTENT WITH THE ENERGY POLICY ACT OF 2005 (EPACT 2005). THE CORC PROGRAM SCOPE COVERS: 1) THE INDENTIFICATION AND REGISTRATION OF THOSE ENTITIES RESPONSIBLE FOR MEETING THE NORTH AMERICAN ELECTRIC RELIABILITY CORPORATION (NERC) RELIABILITY STANDARDS AND ANY APPROVED REGIONAL STANDARDS; 2) THE IMPLEMENTATION OF THE COMPLIANCE MONITORING AND ENFORCEMENT PROGRAM (CMEP) IN THE UNITED STATES, INCLUDING THE IDENTIFICATION OF ENTITY RISK THROUGH INHERENT RISK ASSESSMENTS AND INTERNAL CONTROLS EVALUATIONS, COMPLIANCE MONITORING, ASSESSMENT AND ENFORCEMENT OF NERC RELIABILITY STANDARDS AND REGIONAL RELIABILITY STANDARDS; AND 3) THE IMPLEMENTATION OF COMPLIANCE MONITORING, ASSESSMENT AND ENFORCEMENT RECOMMENDATIONS IN ACCORDANCE WITH EXECUTED MEMORANDA OF UNDERSTANDING AND/OR AGREEMENTS IN THE CANADIAN PROVINCES OF ONTARIO, QUEBEC, NEW BRUNSWICK AND NOVA SCOTIA. THE SECOND LARGEST PROGRAM SERVICES BY EXPENSE IS RELIABILITY ASSESSMENT AND PERFORMANCE ANALYSIS (RAPA).THROUGH THE RELIABILITY ASSESSMENT AND PERFORMANCE ANALYSIS PROGRAM AREA NPCC CONDUCTS OBJECTIVE AND ACCURATE RELIABILITY ASSESSMENTS AND IDENTIFIES RELIABILITY PERFORMANCE TRENDS. ANNUAL AND SEASONAL ASSESSMENTS OF THE FUTURE RELIABILITY OF THE BULK POWER SYSTEM IN THE REGION ARE PERFORMED FOR THE PURPOSE OF ANALYZING AND TRENDING RELIABILITY IMPROVEMENTS AND BENEFITS. NPCC PROMOTES AND CONDUCTS BOTH INTER-AREA AND INTERREGIONAL STUDIES TO ENHANCE RELIABILITY AND OPERATIONAL EFFECTIVENESS, AND PROVIDES A FORUM FOR THE DISCUSSION AND COORDINATION OF OPERATING ISSUES WITHIN THE NPCC REGION AND WITH OTHER REGIONS. NPCC ASSESSES COMPOSITE GENERATION AND TRANSMISSION RELIABILITY ASSESSMENT METHODOLOGIES AND METRICS, LOSS-OF-LOAD EXPECTATION STUDIES AND SIMILAR PROBABILISTIC RESOURCE ASSESSMENT ANALYSES IN ADDITION TO PROVIDING DATA REQUIREMENT SUPPORT IN THE AREAS DATA COORDINATION, TRANSMISSION AVAILABILITY, GENERATION AVAILABILITY, AND DEMAND AVAILABILITY. THE THIRD OF THREE LARGEST PROGRAM SERVICES BY EXPENSE IS SITUATION AWARENESS AND INFRASTRUCTURE SECURITY PROGRAM (SAIS).THE SITUATION AWARENESS AND INFRASTRUCTURE SECURITY PROGRAM IS THE COMBINATION OF NEAR REAL TIME AWARENESS OF CONDITIONS ON THE BULK POWER SYSTEM WITH THE PROGRAMS NECESSARY TO INCREASE THE PHYSICAL AND CYBER SECURITY OF THE ELECTRICITY INFRASTRUCTURE. THIS INCLUDES THE OPERATION AND MAINTENANCE OF TOOLS AND OTHER SUPPORT SERVICES FOR THE BENEFIT OF RELIABILITY COORDINATORS AND OTHER SYSTEM OPERATORS. MAINTAINING THE REAL-TIME AWARENESS OF CONDITIONS ON THE INTERCONNECTED BULK POWER SYSTEMS OF THE NPCC RELIABILITY COORDINATOR AREAS (INCLUDING AWARENESS OF ABNORMAL EVENTS, COMMUNICATING INFORMATION CONCERNING SYSTEM CONDITIONS AND ABNORMAL EVENTS TO, AND FACILITATING REAL-TIME COMMUNICATIONS AMONG, SYSTEM OPERATORS RESPONSIBLE FOR THE RELIABLE OPERATION OF THE BULK POWER SYSTEMS) IS CRITICAL TO MAINTAINING RELIABLE OPERATION WITHIN NPCC. ON AN ONGOING BASIS, NPCC MONITORS THE OPERATIONAL STATUS OF THE BULK POWER SYSTEM AND COORDINATES NORMAL AND PRE-EMERGENCY COMMUNICATION, AWARENESS AND ASSISTANCE IN ADDITION TO THE SAME DURING AN EMERGENCY AMONG THE AREAS. OTHER PROGRAM SERVICES INCLUDE:A RELIABILITY STANDARDS PROGRAM WHICH IS REQUIRED UNDER THE FEDERAL ENERGY REGULATORY COMMISSION (FERC) FILED AND APPROVED REGIONAL DELEGATION AGREEMENT AND NERC RULES OF PROCEDURE. NPCC'S ACTIVITIES INCLUDE DEVELOPMENT, MAINTENANCE AND IMPLEMENTATION OF TECHNICALLY EXCELLENT, CLEAR, MEASURABLE AND ENFORCEABLE MANDATORY STANDARDS FOCUSED ON RELIABILITY PERFORMANCE IN THE NORTHEAST. WORKING WITH STAKEHOLDERS AND OTHER REGIONAL ENTITIES, NPCC SUPPORTS A RISK-BASED REVIEW OF THE EXISTING NERC RELIABILITY STANDARDS TO FOCUS THE STANDARDS ON PERFORMANCE REQUIREMENTS ESSENTIAL TO RELIABILITY AND ELIMINATING NONESSENTIAL OR LOW-RISK REQUIREMENTS. NPCC FACILITATES STAKEHOLDER REVIEW, COMMENT ON, AND DEVELOPMENT OF BALLOT RECOMMENDATIONS FOR ALL NERC RELIABILITY STANDARDS UNDER DEVELOPMENT OR REVISION. IN ITS REVIEWS, NPCC STRIVES TO ENSURE CONSISTENCY, REMOVE REDUNDANCIES AND ADOPT FUNCTIONAL MODEL LANGUAGE.NPCC'S INFORMATION TECHNOLOGY SERVICES ENSURE INFORMATION ASSETS AND THE ENVIRONMENT IN WHICH THEY OPERATE ARE SECURE. NPCC MAINTAINS AN OFFSITE BACKUP SERVER FOR CONTINUITY OF ESSENTIAL OPERATIONS IN THE EVENT THAT ITS PRIMARY LOCATION IS UNAVAILABLE.THE NPCC TRAINING, EDUCATION, AND OPERATOR CERTIFICATION PROGRAM PROVIDES EDUCATION AND TRAINING NECESSARY TO UNDERSTAND AND OPERATE THE BULK ELECTRIC SYSTEM. THE TARGET AUDIENCE OF THE PROGRAM IS BULK POWER SYSTEM OPERATING PERSONNEL - INCLUDING SYSTEM OPERATIONS PERSONNEL, OPERATIONS SUPPORT PERSONNEL (ENGINEERING AND INFORMATION TECHNOLOGY), SUPERVISORS AND MANAGERS, AND TRAINING PERSONNEL. THE PROGRAM ALSO SUPPORTS NPCC STAFF TRAINING AND DEVELOPMENT NEEDS AS WELL AS THE ADMINISTRATION OF RECORDS NECESSARY TO MAINTAIN STATUS AS A NERC CONTINUING EDUCATION PROVIDER.IN THE AREA OF TECHNICAL COMMITTEES AND MEMBER FORUMS, NPCC INVITES HIGH LEVEL POLICY MAKERS FROM U.S. FEDERAL, CANADIAN PROVINCIAL AND STATE REGULATORY AND/OR GOVERNMENTAL AUTHORITIES AND SENIOR EXECUTIVES WITHIN NPCC AND NERC TO IDENTIFY AND DISCUSS EMERGING ISSUES RELATED TO THE RELIABILITY OF THE NPCC REGION. 0 0 0 1 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 18 0 1 44 1 1 1 0 0 0 0 0 0 0 X 16 14 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X JENNIFER B MATTIELLO 2128401070 1040 AVENUE OF THE AMERICAS 10TH FL NEW YORK NY 10018 BRAD VAN AUKEN DIRECTOR 1.00 X 0 0 0 CAROL A SEDEWITZ DIRECTOR 1.00 X 0 0 0 CHRIS FRALICK VICE CHAIRMAN 1.00 X X 0 0 0 DANIEL WHYTE DIRECTOR 1.00 X 0 0 0 ELISA SPERANZA DIRECTOR 1.00 X 70583 0 0 FREDERICK PLETT DIRECTOR 1.00 X 0 0 0 JEFF HEATH DIRECTOR 1.00 X 70583 0 0 JEFFREY FENN PE DIRECTOR 1.00 X 0 0 0 LEKA GJONAJ DIRECTOR 1.00 X 0 0 0 LEONARD KULA DIRECTOR 1.00 X 0 0 0 MARC BOUCHER DIRECTOR 1.00 X 0 0 0 MATTHEW PICARDI DIRECTOR 1.00 X 0 0 0 MICHAEL FORTE VICE CHAIRMAN 1.00 X X 0 0 0 MILO BLAIR DIRECTOR 1.00 X 0 0 0 RICK GONZALES DIRECTOR 1.00 X 0 0 0 TONY O'HARA DIRECTOR 1.00 X 0 0 0 DENIS BERGERON DIRECTOR 1.00 X 0 0 0 ANDREW J FAWBUSH ESQ ASSISTANT SECRETARY 1.00 X 0 0 0 CHRISTOPHER WEIR CPA TREASURER 1.00 X 0 0 0 EDWARD A SCHWERDT PRESIDENT & CEO 40.00 X 670639 0 94000 HARVEY J REED CHAIRMAN 8.00 X 120250 0 0 JENNIFER B MATTIELLO SENIOR VP & COO 40.00 X 509513 0 59681 RUTA SKUCAS ESQ SECRETARY 1.00 X 0 0 0 GUY ZITO ASSISTANT VP OF STANDARDS 40.00 X 255333 0 71125 KRISTIN MCKEOWN GENERAL COUNSEL 40.00 X 252012 0 42734 PAUL ROMAN DIRECTOR OF OPERATIONS PLANNING 40.00 X 221824 0 58553 PHILIP FEDORA ASSISTANT VP OF RELIABILITY 40.00 X 260879 0 72229 SALVATORE BUFFAMTE ASSISTANT VP COMPLIANCE AU 40.00 X 249786 0 26691 2681402 0 425013 34 0 1 0 YOH SERVICES LLC 1500 SPRING GARDEN STREET PHILADELPHIA PA 19130 CONSULTING SERVICES 1406753 MARKS PANETH LLP 685 THIRD AVENUE NEW YORK NY 10017 ACCOUNTING SERVICES 278766 GE ENERGY PO BOX 643449 PITTSBURGH PA 15264 CONSULTING SERVICES 236765 PIERCE ATWOOD LLP MERRILLS WHARF 254 COMMERCE STREET PORTLAND ME 04101 LEGAL SERVICES 156433 GUIDANCE SOLUTIONS INC 4134 DEL REY AVENUE MARINA DEL REY CA 90292 WEBSITE MAINTENANCE/SOFTWARE 101817 5 ASSESSMENTS 900099 14341787 14341787 PENALTY SANCTIONS 900099 120000 120000 WORKSHOPS 900099 63449 63449 1019141 1019141 15544377 28777 28777 15573154 15544377 0 28777 X 1592909 6411570 622722 989826 438806 266729 307976 2244460 274198 257195 757716 685145 269848 265531 63704 UBIT 16000 EQUIPMENT LEASES 115764 MISCELLANEOUS EXPENSES 49604 BANK FEES 15993 12161 15657857 832440 2200020 8389662 7039214 12962 31479 298254 244237 2885557 2274315 805594 611242 10338912 10126192 2641848 2817673 684226 509901 579705 526061 3905779 3853635 X 0 0 0 0 6433133 6272557 6433133 6272557 10338912 10126192 X -84703 -75873 X X 0 1 X 1 0 0 1 0 974691 628055 346636 646047 547147 98900 1264819 1099113 165706 611242 DEFERRED RENT 526061 526061 X 15544377 0 15544377 28777 28777 15573154 15733730 75873 75873 15657857 0 15657857 PART X, LINE 2: THE COMPANY IS SUBJECT TO AN URELATED BUSINESS INCOME TAX ON TRANSPORTATION BENEFITS STARTING JANUARY 1, 2018. THE AMOUNT OF TAX INCURRED FOR 2018 IS APPROXIMATELY $16,000. THE COMPANY FOLLOWS STANDARDS IN ACCOUNTING STANDARDS CODIFICATION (ASC) 740, "INCOME TAXES", IN ESTABLISHING AND CLASSIFYING ANY TAX PROVISIONS FOR UNCERTAIN TAX POSITIONS AND IN RECOGNIZING ANY INTEREST AND PENALTIES. PART XI, LINE 4B - OTHER ADJUSTMENTS: INVESTMENT INCOME INCLUDED IN NON-OPERATING ACTIVITIES ON FINANCIALS 28,777. PART XII, LINE 2D - OTHER ADJUSTMENTS: NON DEDUCTIBLE TRANSPORTATION BENEFITS 75,873. CANADA 0 0 PROGRAM SERVICES ALL ACTIVITIES IDENTIFIED IN PART III 4A TO 4D ARE PERFORMED IN SUPPORT OF INTERNATIONAL NORTH AMERICAN, CONTINENT-WIDE RELIABILITY STANDARDS. 6268116 0 0 0 0 0 0 6268116 0 6268116 0 0 0 0 0 0 X X X X X 0 1 0 EDWARD A SCHWERDT PRESIDENT & CEO 432609 0 198000 0 40030 0 52900 0 41100 0 764639 0 0 0 JENNIFER B MATTIELLO SENIOR VP & COO 358828 0 129300 0 21385 0 33000 0 26681 0 569194 0 0 0 GUY ZITO ASSISTANT VP OF STANDARDS 207071 0 47400 0 862 0 26007 0 45118 0 326458 0 0 0 KRISTIN MCKEOWN GENERAL COUNSEL 206924 0 44900 0 188 0 24781 0 17953 0 294746 0 0 0 PAUL ROMAN DIRECTOR OF OPERATIONS PLANNING 180999 0 39700 0 1125 0 22983 0 35570 0 280377 0 0 0 PHILIP FEDORA ASSISTANT VP OF RELIABILITY 213133 0 46400 0 1346 0 26821 0 45408 0 333108 0 0 0 SALVATORE BUFFAMTE ASSISTANT VP COMPLIANCE AU 210290 0 37400 0 2096 0 25234 0 1457 0 276477 0 0 0 PART I, LINE 4B EDWARD A. SCHWERDT IS A PARTICIPANT IN A SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN. NPCC CONTRIBUTED $35,000 TO THE PLAN IN 2018. LEE BUDD (BUSINESS INSIGHT AND ANALYTICS LLC) BROTHER OF SENIOR VP & COO, JENNIFER MATTIELLO 99239 COMPLIANCE PROGRAM AREA ENTITY RISK ASSESSMENT SUBJECT MATTER EXPERTISE AND AUDITING SERVICES PROVIDED TO NPCC AS A SUB-CONTRACTOR UNDER THE OVERSIGHT OF THE PRESIDENT AND CEO. 0 FORM 990, PART VI, SECTION A, LINE 6 NPCC IS A MEMBERSHIP CORPORATION. NPCC CURRENTLY HAS 90 MEMBERS. THERE ARE TWO CATEGORIES OF MEMBERSHIP, FULL AND GENERAL. FORM 990, PART VI, SECTION A, LINE 7A THE MEMBERS FROM EACH VOTING SECTOR VOTE TO ELECT DIRECTORS IN THEIR RESPECTIVE SECTOR. A DIRECTOR SHALL BE ELECTED BY A VOTE OF THE MAJORITY OF THE MEMEBERS IN THE RESPECTIVE SECTOR. A DIRECTOR MAY BE REMOVED FOR CAUSE BY AT LEAST TWO THIRDS OF THE MEMBERS IN THEIR RESPECTIVE SECTOR. FORM 990, PART VI, SECTION B, LINE 11B THE RETURN IS REVIEWED IN DETAIL BY THE FINANCE AND AUDIT COMMITTEE. AFTER THE RETURN IS APPROVED BY THE FINANCE AND AUDIT COMMITTEE, THE RETURN IS SENT TO THE FULL BOARD OF DIRECTORS FOR REVIEW, COMMENT AND APPROVAL. FORM 990, PART VI, SECTION B, LINE 12C ALL NPCC REPRESENTATIVES ARE REQUIRED TO COMPLETE AND SUBMIT A CONFLICT OF INTEREST QUESTIONNAIRE ANNUALLY, AND WHEN A POTENTIAL CONFLICT ARISES. THE NPCC CONFLICTS TEAM MANAGES THE CONFLICT OF INTERESTS REPORTING, MONITORING AND RESOLUTION PROCESSES. FORM 990, PART VI, SECTION B, LINE 15A EACH YEAR, THE MANAGEMENT DEVELOPMENT AND COMPENSATION COMMITTEE PERFORMS A COMPREHENSIVE PERFORMANCE REVIEW OF THE PRESIDENT AND CEO AND MAKES RECOMMENDATIONS TO THE FULL BOARD OF DIRECTORS WITH REGARD TO MERIT AND VARIABLE COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, BUSINESS PLAN AND BYLAWS, CORPORATE GOALS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC ON ITS OFFICIAL WEBSITE WWW.NPCC.ORG. FORM 990, PART IX, LINE 11G ADMINISTRATIVE AND CONSULTANT FEES 2,244,460. FORM 990, PART XI, LINE 9: NON DEDUCTIBLE TRANSPORTATION BENEFITS -75,873. FORM 990, PART XII, LINE 2C: THE PROCESS OF OVERSEEING THE AUDIT AND SELECTION OF INDEPENDENT ACCOUNTANT HAS NOT BEEN CHANGED FROM PRIOR YEAR.