2016-11-14T17:28:35-06:00 2015-12-31 742516372 REYNOLDS & FRANKE PC 6850 AUSTIN CENTER BLVD SUITE 100 AUSTIN TX 78731 990 2015-01-01 742011664 ASSOCIATION OF ELECTRIC COMPANIES OF TEXAS INC ASSO 5124746725 1005 CONGRESS AVENUE NO 600 AUSTIN TX 787012491 JULIA RATHGEBER PRESIDENT/CEO 5124746725 2016-11-14 1 RONALD H REYNOLDS P00964479 5122063141 2016-11-12 2015 2017-02-10 21:41:12Z JULIA RATHGEBER 1005 CONGRESS AVENUE NO 600 AUSTIN TX 787012491 2722522 0 X WWW.AECT.NET X 1978 TX TO CREATE A FORUM FOR MEMBER COMPANIES TO DISCUSS LEGISLATIVE MATTERS AND COMMUNICATE WITH GOVERNMENTAL OFFICIALS AND THE PUBLIC REGARDING SUCH MATTERS. 12 12 4 12 0 0 0 0 2720214 2722198 -2459 40 0 0 2717755 2722238 0 0 0 0 1114218 1125533 0 0 0 1781561 1732591 2895779 2858124 -178024 -135886 1845763 1670201 612416 639640 1233347 1030561 X TO PROVIDE A FORUM FOR MEMBER COMPANY REPRESENTATIVES TO EXCHANGE INFORMATION ABOUT PUBLIC POLICY; TO COMMUNICATE WITH GOVERNMENT OFFICIALS AND THE PUBLIC; TO ADVOCATE MODERN INFRASTRUCTURE FOR THE SUPPLY & DELIVERY OF ELECTRICITY; TO SUPPORT COMPETITIVE MARKETS AND CONSISTENT OVERSIGHT AND REGULATION; AND TO PROMOTE AN ECONOMICALLY STRONG AND ENVIRONMENTALLY HEALTHY FUTURE FOR TEXAS. 0 0 PROMOTION OF ENERGY DEVELOPMENT, CONSERVATION PROGRAMS AND OTHER PROGRAMS DESIGNED TO BENEFIT CUSTOMERS OF AND INVESTORS IN ELECTRIC UTILITY COMPANIES OF TEXAS EDUCATION OF THE PUBLIC AND ASSIMILATION AND DISTRIBUTION OF INFORMATION. THE ORGANIZATION PROVIDES INFORMATION REGARDING LEGISLATIVE AND REGULATORY UPDATES AFFECTING THE ELECTRIC UTILITY INDUSTRY; ENVIRONMENTAL, TECHNICAL, AND ECONOMIC ISSUES IMPACTING THE INDUSTRY; AND MATERIALS TO HELP CONSUMERS SAVE MONEY BY LOWERING THEIR ELECTRIC BILL AND SHOPPING FOR SERVICE. 0 0 0 1 0 0 0 0 0 1 0 0 0 0 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 0 1 6 0 1 4 1 0 0 0 0 0 0 X 12 12 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 0 0 X JESSICA DELEON 5124746725 1005 CONGRESS STE 600 AUSTIN TX 78701 ROBERT BLACK DIRECTOR 1.00 X 0 0 0 BILL SCOTT DIRECTOR 1.00 X 0 0 0 SANO LISA BLOCKER DIRECTOR 1.00 X 0 0 0 DAVID HUDSON DIRECTOR 1.00 X 0 0 0 TOM ALLEN DIRECTOR 1.00 X 0 0 0 PARKER MCCOLLOUGH CHAIR 1.00 X X 0 0 0 SCOTT DOYLE DIRECTOR 1.00 X 0 0 0 C MICHAEL GREGG DIRECTOR 1.00 X 0 0 0 ALLEN NYE DIRECTOR 1.00 X 0 0 0 THOMAS V SHOCKLEY DIRECTOR 1.00 X 0 0 0 NEAL WALKER DIRECTOR 1.00 X 0 0 0 DEANNA RODRIGUEZ DIRECTOR 1.00 X 0 0 0 JOHN W FAINTER JR PRESIDENT AND CEO 40.00 X 391247 0 155918 WALT BAUM EXECUTIVE VP 40.00 X 317104 0 112639 708351 0 268557 2 0 1 0 PUBLIC STRATEGIES INC 809 NEWMAN DR AUSTIN TX 78703 COMMUNICATION CONSULTANT 382500 WINSTEAD PC 401 CONGRESS AVE SUITE 2100 AUSTIN TX 78701 LEGISLATIVE EXPENSE 130265 SPENCER STUART 1000 MAIN STREET SUITE 2700 HOUSTON TX 77002 EXECUTIVE SEARCH 111318 LONGBOW PARTNERS LLP 816 CONGRESS AVE 1120 AUSTIN TX 78701 LEGISLATIVE EXPENSE 108000 4 ASSESSMENTS 541900 2722198 2722198 2722198 324 324 284 -284 -284 -284 2722238 2722198 0 40 906501 161786 20094 37152 7485 547261 1890 94185 35027 147862 55703 11370 6960 PUBLIC STRATEGY 367456 SPONSORSHIPS 165655 EXECUTIVE SEARCH 111318 ENTERTAINMENT 59229 121190 2858124 125107 119219 1558413 1447631 130796 71058 159274 126981 31447 32293 1845763 1670201 612416 639640 612416 639640 X 1233347 1030561 1233347 1030561 1845763 1670201 -135886 -66900 0 X 0 1 X 1 0 0 0 1 2722198 2000895 204375 2205270 2041649 163621 159274 126981 32293 32293 X 2722238 0 2722238 0 2722238 2858124 0 2858124 0 2858124 PART X, LINE 2: THE MOST SIGNIFICANT TAX POSITIONS OF THE ASSOCIATION ARE ITS ASSERTION THAT IT IS EXEMPT FROM INCOME TAXES AND ITS DETERMINATION OF WHETHER ANY AMOUNTS ARE SUBJECT TO UNRELATED BUSINESS INCOME TAX (UBIT). MANAGEMENT HAS DETERMINED THAT THE ASSOCIATION HAD NO ACTIVITY SUBJECT TO UBIT DURING THE YEARS ENDED DECEMBER 31, 2015 AND 2014. ALL SIGNIFICANT TAX POSITIONS HAVE BEEN CONSIDERED BY MANAGEMENT AND IT HAS DETERMINED THAT IT IS MORE LIKELY THAN NOT THAT ALL TAX POSITIONS WOULD BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. X X 1 1 X X X 0 1 0 JOHN W FAINTER JR PRESIDENT AND CEO 331064 0 56558 0 3625 0 85380 0 70538 0 547165 0 0 0 WALT BAUM EXECUTIVE VP 249279 0 67825 0 0 0 73630 0 39009 0 429743 0 0 0 PART I, LINE 1A SOCIAL DUES FOR MEMBERSHIP TO THE AUSTIN COUNTRY CLUB AND A $1,000 ALLOWANCE FOR FINANCIAL PLANNING ARE PROVIDED TO JOHN FAINTER, JR., PRESIDENT & CEO OF THE ORGANIZATION. PART I, LINE 4B IN 2015, JOHN W. FAINTER, JR. PARTICIPATED IN A NON-QUALIFIED DEFERRED COMPENSATION PLAN WHICH THE ASSOCIATION CONTRIBUTED $66,318 INTO DURING THE YEAR. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS MEMBERS. MEMBERSHIP IS AVAILABLE TO ANY COMPANY ENGAGED IN THE SALE, TRANSMISSION AND DISTRIBUTION, OR GENERATION OF ELECTRICITY IN THE STATE OF TEXAS THAT IS ELECTED TO MEMBERSHIP BY THE MEMBERS OF THE ASSOCIATION, EXCEPT FOR AN ELECTRIC COOPERATIVE OR MUNICPALLY OWNED ELECTRIC COMPANY. NEW MEMBERS MUST BE ADMITTED WITH CONSENT OF ALL MEMBERS AND MUST BE REMOVED WITH CONSENT OF ALL MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A EACH MEMBER MUST APPOINT A DIRECTOR TO SERVE ON THE BOARD OF DIRECTORS. ALTERNATE DIRECTORS MAY ALSO BE APPOINTED BY MEMBERS TO SERVE IN THE ABSENCE OF THEIR APPOINTED DIRECTOR. FORM 990, PART VI, SECTION A, LINE 7B ANY ACTION TAKEN BY THE BOARD OF DIRECTORS TO ESTABLISH POLICIES OF THE ORGANIZATION MUST INCLUDE THE AFFIRMATIVE VOTE OF AT LEAST ONE MEMBER FROM EACH MARKET SECTOR COUNCIL. THE ORGANIZATION INCLUDES THREE MARKET SECTOR COUNCILS, ONE COMPOSED OF MEMBERS WHO ARE COMPETITIVE ELECTRIC GENERATORS, ONE COMPOSED OF REGULATED ELECTRIC UTILITIES, AND ONE COMPOSED OF COMPETITIVE RETAIL ELECTRIC PROVIDERS. ALL OTHER ACTIONS UNDERTAKEN BY THE BOARD DO NOT NEED APPROVAL BY THE ORGANIZATION'S MEMBERS. FORM 990, PART VI, SECTION B, LINE 11 A DRAFT COPY OF THE TAX RETURN WAS E-MAILED TO THE BOARD OF DIRECTORS FOR THEIR REVIEW. AFTER THE REVIEW AND ANY QUESTIONS/CONCERNS RAISED BY THE BOARD ARE ADDRESSED, THE TAX RETURN IS FILED. FORM 990, PART VI, SECTION B, LINE 12C NEW BOARD MEMBERS MUST SIGN THE CONFLICT OF INTEREST POLICY EACH YEAR. THE BOARD ADDRESSES ANY CONFLICTS AS APPROPRIATE. FORM 990, PART VI, SECTION B, LINE 15A THE ORGANIZATION'S SALARY COMMITTEE DETERMINES COMPENSATION FOR THE CEO AND PRESIDENT USING COMPARABILITY DATA. THE CEO & PRESIDENT APPROVES ALL OTHER SALARY DECISIONS. FORM 990, PART VI, SECTION C, LINE 19 ALL GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.