2017-11-15T10:12:05-06:00 2016-12-31 521855942 TATE & TRYON 2021 L ST NW Washington DC 20036 990 2016-01-01 521794095 SMART ELECTRIC POWER ALLIANCE SMAR 2028570898 1220 19TH STREET NW No 800 WASHINGTON DC 20036 JULIA HAMM PRESIDENT & CEO 2028570898 2017-11-15 1 R Michael Sorrells P00001737 2022932200 216.59.105.130 2017-11-15 10:12:03 ES P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 0A779249EE4AB03D4EBCA877230ED83790B34DB8 2016 2017-02-10 21:41:12Z JULIA HAMM 1220 19TH STREET NW No 800 WASHINGTON DC 20036 9262521 0 X www.sepapower.org X 1992 DC SEPA' S MISSION IS TO ADVANCE THE ELECTRIC POWER INDUSTRY TO A CLEAN ENERGY FUTURE. 20 20 38 25 8563 -413 112267 46732 6661120 7350727 67936 66489 130353 97722 6971676 7561670 0 0 0 0 3116549 3954348 0 0 162732 3307892 3020914 6424441 6975262 547235 586408 12439929 12936995 1597113 1373726 10842816 11563269 X To facilitate the utility industry's smart transition to a clean future through education, research, and collaboration. 1 0 1529001 5445544 MEMBER SERVICES - SEPA MEMBERS ARE THE FUTURE OF THE ENERGY INDUSTRY. UTILITIES, SOLAR, DER AND RELATED INDUSTRIES ALL HAVE A VOICE IN THIS DYNAMIC AND CHANGING ENERGY SECTOR. SEPA IS AN EDUCATIONAL NONPROFIT THAT PROVIDES A TRUSTED PLATFORM FOR EDUCATION, RESEARCH ANDCOLLABORATION TO HELP MEMBERS DEPLOY AND INTEGRATE SOLAR, STORAGE, DEMAND RESPONSE, AND OTHER DISTRIBUTED ENERGY RESOURCES INTO THE GRID. SEPA MEMBERS REPRESENT THE WHOLE SPECTRUM OF INDUSTRY STAKEHOLDERS. UTILITIES, ISOS, LARGE ENERGY USERS, SOLUTION PROVIDERS, GOVERNMENT AND NONPROFITS LOOK TO SEPA TO FACILITATE SOLUTIONS FOR TODAY'S CHALLENGES AND TO MEET TOMORROW'S ELECTRICITY NEEDS. 1905370 1333580 FEE-BASED SERVICES - EDUCATION AND OUTREACH. SEPA PROVIDES ELECTRIC UTILITIES AND INDUSTRY STAKEHOLDERS WITH MARKET, BUSINESS AND TECHNICAL INTELLIGENCE ON HOW THE GROWTH OF SOLAR AND OTHER DISTRIBUTED ENERGY RESOURCES SUCH AS DEMAND RESPONSE, ENERGY STORAGE AND ELECTRIC VEHICLES IS CHANGING THE ELECTRICITY BUSINESS. SEPA DELIVERS THIS INFORMATION THROUGH A VARIETY OF PUBLIC AND MEMBER VENUES. SEPA EDUCATION PROGRAMS INCLUDE TOPICAL CONFERENCES FEATURING PEER-TO-PEER LEARNING, WORKSHOPS, MONTHLY WEBINARS, UTILITY EMPLOYEE TRAINING, AND DOMESTIC AND INTERNATIONAL FACT FINDING MISSIONS FOR INDUSTRY EXECUTIVES. SEPA LEADS THE DISCUSSION OF BUSINESS AND TECHNOLOGY TRENDS THROUGH ITS ARTICLES IN INDUSTRY PUBLICATIONS, BLOGS, WHITE PAPERS AND ISSUE BRIEFS. SEPA RECOGNIZES UTILITY AND INDUSTRY INNOVATION AND ACHIEVEMENT THROUGH ITS ANNUAL SOLAR POWER PLAYERS AWARDS AND UTILITY SOLAR RANKINGS. 924553 508183 ADVISORY SERVICES - RESEARCH AND STRATEGY. SEPA PRODUCES RESEARCH REPORTS ON DISTRIBUTED ENERGY ISSUES DESIGNED TO HELP ELECTRIC UTILITIES AND OTHER ENERGY INDUSTRY PARTICIPANTS MAKE INFORMED BUSINESS DECISIONS. SEPA PROVIDES INDUSTRY LEADING INSIGHTS INTO THE DESIGN OF DISTRIBUTED ENERGY PROGRAMS SUCH AS COMMUNITY SOLAR, THE CHANGING NATURE OF THE RELATIONSHIP BETWEEN THE UTILITY AND ITS CUSTOMERS, AND A WIDE RANGE OF TECHNICAL, POLICY AND STRATEGIC ISSUES RELATED TO AN INCREASINGLY DECENTRALIZED AND "INTELLIGENT" ELECTRIC GRID. SEPA PROVIDES CONSULTING AND ADVISORY SERVICES TO UTILITIES AND DISTRIBUTED ENERGY SERVICE PROVIDERS. 703662 63420 STRATEGIC INVESTMENTS ARE COMPRISED OF THREE SUB-PROGRAMS THAT FOCUS ON STRATEGIC INITIATIVES THAT WILL ACCELERATE MISSION FULFILLMENT AND DRIVE FUTURE ORGANIZATION GROWTH. THE FIRST SUB-PROGRAM IS 51ST STATE WHICH WAS CREATED TO PROVIDE A COLLABORATIVE PLATFORM ACROSS THE POWER SECTOR TO DISCUSS THE FUTURE OF THE ELECTRIC INDUSTRY. THE SECOND SUB-PROGRAM IS FUSE-ED (FACILITATING UTILITY SMART ELECTRIC EDUCATION) WHEREBY SEPA CREATES AND IMPLEMENTS A SPECIALIZED DISTRIBUTED ENERGY RESOURCE TRANING FOR UTILITY EMPLOYEES EXPLANDING THE INDUSTRY'S KNOWLEDGE BASE THROUGH A COLLABORATIVE EFFORT BETWEEN UTILITY PARTNERS AND INDUSTRY EXPERTS. THE THIRD SUB-PROGRAM IS MISSION EXPANSION WHICH FOCUSES ON PARTNERSHIPS WITH COMPLEMENTARY TECHNOLOGIES THAT ARE INTELLIGENTLY INTEGRATED WITH SOLAR TO CREATE A MORE DYNAMIC AND RESPONSIVE ELECTRICITY GRID INCLUDING DISTRIBUTED ENERGY SOURCES SUCH AS STORAGE, DEMAND RESPONSE AND ENERGY EFFICIENCY. 703662 63420 5062586 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 21 0 1 38 1 1 1 0 0 0 0 0 0 0 0 0 X 20 20 0 0 1 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 0 0 X JULIA HAMM 2028570898 1220 19TH STREET NW NO 800 WASHINGTON DC 200362405 Steve Malnight CHAIR 1.00 X X 0 0 0 Joe Forline CHAIR-ELECT (UNTIL FEB '16) 1.00 X X 0 0 0 Caroline Choi CHAIR-ELECT 1.00 X X 0 0 0 John Hewa SECRETARY 1.00 X X 0 0 0 Cris Eugster TREASURER 1.00 X X 0 0 0 Ervan Hancock treas (thru 4/16)/DIR (THRU 11/16) 1.00 X X 0 0 0 Jim Alberts DIRECTOR (AS OF dEC '16) 1.00 X 0 0 0 Jill Anderson DIRECTOR 1.00 X 0 0 0 Ron Binz DIRECTOR 1.00 X 0 0 0 Karen Butterfield DIRECTOR 1.00 X 0 0 0 Rob Caldwell DIRECTOR (AS OF dEC '16) 1.00 X 0 0 0 Seth Frader-Thompson DIRECTOR 1.00 X 0 0 0 Matt Handel DIRECTOR (AS OF dEC '16) 1.00 X 0 0 0 Joe Hoagland DIRECTOR 1.00 X 0 0 0 Chris King DIRECTOR 1.00 X 0 0 0 Brian Kunz DIRECTOR 1.00 X 0 0 0 Stacey Kusters DIRECTOR (THRU NOV '16) 1.00 X 0 0 0 Frank Lacey DIRECTOR 1.00 X 0 0 0 Micah Myers DIRECTOR (THRU NOV '16) 1.00 X 0 0 0 Paul Lau DIRECTOR 1.00 X 0 0 0 Courtney McCormick DIRECTOR (AS OF FEB '16) 1.00 X 0 0 0 Mark Nielson DIRECTOR 1.00 X 0 0 0 Jim Rogers DIRECTOR 1.00 X 0 0 0 Tom Starrs DIRECTOR 1.00 X 0 0 0 Pascal Storck DIRECTOR (THRU NOV '16) 1.00 X 0 0 0 Julia Hamm CEO & President 40.00 X 351600 0 25590 Ken Doyle Chief operating officer 40.00 X 222490 0 18056 Tanuj Deora Excutive Vice President & CSO 40.00 X 225097 0 11970 John Sterling Senior Director, Research & Advisory Services 40.00 X 184931 0 24119 Adam Wasserman Director, Membership & Marketing 40.00 X 151316 0 11217 Robert Gibson Vice President, Knowledge 40.00 X 154687 0 19367 Jennifer Szaro Senior Director, Programs 40.00 X 141778 0 22152 MICHAEL TAYLOR principal, knowledge 40.00 X 147635 0 6113 1579534 0 138584 8 0 1 0 RAFFA PC 1899 L STREET NW SUITE 850 WASHINGTON DC 20036 ACCOUNTING SERVICES 246037 CLOUD SHERPAS 3525 PIEDMONT RD NE BUILD 8 STE ATLANTA GA 30305 IT CONSULTING 154578 2 46732 46732 SOLAR ENERGY TRaDe SHOWS 900099 4320250 4320250 MEMBERSHIP DUES 541900 1082300 1082300 Registration 900099 730900 730900 SPONSORSHIPS 900099 697531 697531 CONSULTING 900099 406081 406081 113665 105102 8563 7350727 100940 100940 75000 75000 109031 139573 -30542 -30542 -30542 1526827 1561278 -34451 -34451 -34451 MISCELLANEOUS INCOME 900099 53264 53264 53264 7561670 6644633 8563 861742 1247310 678383 545053 23874 2216649 1199431 974162 43056 60095 34899 24739 457 212204 120525 87364 4315 218090 117543 96359 4188 42517 32162 10355 269299 269299 7330 7330 306182 146812 144940 14430 239231 208813 30302 116 105600 11671 93929 239878 39277 200601 455125 455125 235953 177381 53934 4638 561717 496993 61577 3147 390094 390094 18754 18754 PROF. DEVELOPMENT 66370 66370 DUES & SUBSCRIPTIONS 47249 21302 25947 TEMPORARY LABOR 24966 7604 17002 360 OVERHEAD ALLOCATION 0 1769695 -1833846 64151 10649 95 10554 6975262 5062586 1749944 162732 316284 556941 717761 330937 118644 108123 2416636 1868363 651940 548273 9795605 10709526 100000 100000 400000 400000 339695 183195 12439929 12936995 906400 484423 452042 780895 238671 108408 1597113 1373726 X 10840576 11563269 2240 0 10842816 11563269 12439929 12936995 586408 134045 0 X X 0 1 X 1 0 X 7500 112267 46732 166499 5523322 4320227 5055888 6661120 7342164 28902721 5530822 4320227 5055888 6773387 7388896 29069220 0 0 0 29069220 59740 72227 194646 181816 284971 793400 59740 72227 194646 181816 284971 793400 5075 3580 3732 1105 53264 66756 5595637 4396034 5254266 6956308 7727131 29929376 0.97130 0.97900 0.02650 0.02010 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 840853 742633 98220 1575783 1125730 450053 548273 DEFERRED RENT 99278 REFUNDABLE DEPOSIT 9130 108408 X 7726257 134045 134045 7592212 -30542 -30542 7561670 7005804 30542 30542 6975262 0 6975262 Part X, Line 2: SEPA EVALUATES UNCERTAINTY IN INCOME TAX POSITIONS BASED ON THE MORE-LIKELY-THAN-NOT RECOGNITION STANDARD. IF THAT THRESHOLD IS MET, THE TAX POSITION IS THEN MEASURED AT THE LARGEST AMOUNT THAT IS GREATER THAN 50% LIKELY OF BEING REALIZED UPON ULTIMATE SETTLEMENT. AS OF DECEMBER 31, 2016 AND 2015, THERE WERE NO ACCRUALS FOR UNCERTAIN TAX POSITIONS. IF APPLICABLE, SEPA RECORDS INTEREST AND PENALTIES AS A COMPONENT OF INCOME TAX EXPENSE. TAX YEARS FROM JANUARY 1, 2013 THROGH THE CURRENT YEAR REMAIN OPEN FOR EXAMINATION BY FEDERAL AND STATE AUTHORITIES. Part XI, Line 4b - Other Adjustments: SUBLEASE INCOME 109,031. sublease expense -139,573. Part XII, Line 2d - Other Adjustments: SUBLEASE INCOME -109,031. sublease expense 139,573. X X X X X X 1 0 0 0 0 0 0 1 0 Julia Hamm CEO & President 275117 0 75600 0 883 0 11040 0 18756 0 381396 0 0 0 Ken Doyle Chief operating officer 221732 0 102 0 656 0 6750 0 15462 0 244702 0 0 0 Tanuj Deora Excutive Vice President & CSO 199413 0 24801 0 883 0 6180 0 15196 0 246473 0 0 0 John Sterling Senior Director, Research & Advisory 147386 0 36728 0 817 0 6486 0 18533 0 209950 0 0 0 Adam Wasserman Director, Membership & Marketing 133328 0 17316 0 672 0 5360 0 8112 0 164788 0 0 0 Robert Gibson Vice President, Knowledge 109583 0 6100 0 39004 0 4148 0 19122 0 177957 0 0 0 Jennifer Szaro Senior Director, Programs 138133 0 2913 0 732 0 4590 0 19577 0 165945 0 0 0 MICHAEL TAYLOR principal, knowledge 146591 0 507 0 537 0 4410 0 2452 0 154497 0 0 0 Part I, Line 4a robert gibson received severance pay of $37,035. Part I, Line 7 ALL EMPLOYEES WERE AWARDED BONUSES WHICH WERE DETERMINED BASED ON THE DISCRETION OF THE EXECUTIVE TEAM, EXCEPT FOR JULIA HAMM, PRESIDENT AND CEO, WHOSE BONUS IS DETERMINED BASED ON MEETING PERFORMANCE OBJECTIVES ACCORDING TO HER EMPLOYEE CONTRACT. Form 990, Part III, line 2 DURING 2016 SEPA BEGAN THE STRATEGIC INVESTMENTS PROGRAM. REFER TO THE PROGRAM NARRATIVE FOR PART III, LINE 4D FOR DETAILS. Form 990, Part VI, Section A, line 4 THE ARTICLES OF INCORPORATION WERE AMENDED TO REFLECT THE CHANGE IN NAME FROM "SOLAR ELECTRIC POWER ASSOCIATION" TO "SMART ELECTRIC POWER ALLIANCE." Form 990, Part VI, Section A, line 6 SEPA SHALL HAVE MEMBERS DIVIDED INTO SUCH NUMBER OF CLASSES AND WITH SUCH QUALIFICATIONS AS THE BOARD OF DIRECTORS SHALL DESIGNATE FROM TIME TO TIME. INITIALLY THERE SHALL BE THREE CLASSES OF MEMBERS: (A) UTILITY; (B) CORPORATE; (C) GOVERNMENT, NONPROFIT & EDUCATION. Form 990, Part VI, Section A, line 7a THE MEMBERS IN GOOD STANDING ENTITLED TO VOTE AND VOTING AS A SINGLE CLASS SHALL ELECT, BY PLURALITY, DIRECTORS TO FILL THE SEATS ON THE BOARD OF DIRECTORS, FROM A LIST OF CANDIDATES PER OPEN BOARD SEAT AS MAY BE PUT BEFORE THE MEMBERSHIP BY THE BOARD OF DIRECTORS. THE BOARD OF DIRECTORS SHALL ESTABLISH SUCH POLICIES AND PROCEDURES FOR THE NOMINATION OF PERSONS TO SERVE AS CANDIDATES FOR ELECTION TO THE BOARD OF DIRECTORS AS IT MAY DETERMINE FROM TIME TO TIME. NO LESS THAN 51% AND NO GREATER THAN 66% OF THE BOARD SEATS SHALL BE HELD AT ONE TIME BY EMPLOYEES OF CLASS 1 MEMBERS. Form 990, Part VI, Section A, line 7b FOR MATTERS PUT BEFORE THE MEMBERSHIP, EACH MEMBER SHALL BE ENTITLED TO ONLY ONE (1) VOTE. Form 990, Part VI, Section B, line 11b THE DRAFT VERSION OF THE FEDERAL FORM 990 IS INITIALLY REVIEWED BY THE PRESIDENT AND CEO, AND THE BOARD SECRETARY/TREASURER. IT IS THEN PROVIDED TO THE ENTIRE BOARD OF DIRECTORS. ANY COMMENTS ARISING FROM THE REVIEWS ARE ADDRESSED AND RESOLVED PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. Form 990, Part VI, Section B, line 12c OFFICERS, DIRECTORS, KEY EMPLOYEES AND TRUSTEES ARE REQUIRED TO PROVIDE AN ANNUAL DISCLOSURE OF ANY POTENTIAL CONFLICTS OF INTEREST. ANY CONFLICTS THAT COME TO THE ATTENTION OF THE BOARD OF DIRECTORS ARE DISCUSSED AND RESOLVED ACCORDING TO SEPA'S BYLAWS. Form 990, Part VI, Section B, line 15a THE BOARD OF DIRECTORS REVIEWS AND APPROVES THE COMPENSATION FOR THE PRESIDENT AND CEO ANNUALLY. DURING THIS PROCESS, THE BOARD OF DIRECTORS MAY ENGAGE AN INDEPENDENT CONSULTANT TO PROVIDE CURRENT COMPARATIVE MARKET DATA. THE BOARD OF DIRECTORS CONSIDERS SEPA'S FINANCIAL POSITION AS WELL AS ADDITIONAL EXTERNAL MARKET DATA USING PUBLISHED COMPENSATION STUDIES. THE COMPENSATION DECISIONS OF THE BOARD OF DIRECTORS IS DOCUMENTED IN THE MINUTES. THE PRESIDENT AND CEO ANNUALLY CONSIDERS SEPA'S FINANCIAL POSITION AS WELL AS EXTERNAL MARKET DATA FROM AN INDEPENDENT COMPENSATION RESEARCH STUDY TO ESTABLISH COMPENSATION LEVELS FOR OFFICERS AND KEY EMPLOYEES. SEPA'S COMPENSATION PROGRAM AND MARKET ANALYSIS IS REVIEWED EVERY THREE YEARS FOR COMPLIANCE PURPOSES. Form 990, Part VI, Section C, line 19 SEPA'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE FOR VIEWING UPON REASONABLE REQUEST. Form 990, Part XII, Line 2c: THE AUDIT OVERSIGHT PROCESS HAS REMAINED UNCHANGED FROM THE PRIOR YEAR. SOLAR ENERGY TRADE SHOWS LLC 1530 WILSON BLVD SUITE 120 ARLINGTON VA 22209 271527552 CONFERENCES DE RELATED 4346937 220249 0 0 0.50000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 SOLAR ENERGY TRADE SHOWS LLC S 4501954 FMV