2015-07-15T07:58:26-05:00 2014-12-31 521511275 RAFFA PC 1899 L STREET NW SUITE 900 WASHINGTON DC 20036 990 2014-01-01 521794095 SOLAR ELECTRIC POWER ASSOCIATION SOLA 2028570898 1220 19TH STREET NW NO 800 WASHINGTON DC 200362405 JULIA HAMM PRESIDENT AND CEO 2028570898 2015-07-17 1 FRANK H SMITH P00639053 2028225000 2015-07-17 2014 2016-03-07 17:11:31Z JULIA HAMM 1220 19TH STREET NW NO 800 WASHINGTON DC 200362405 8786070 0 X WWW.SOLARELECTRICPOWER.ORG X 1992 DC SEPA'S MISSION IS TO FACILITATE THE USE AND INTEGRATION OF SOLAR ELECTRIC POWER. 18 18 0 25 5120 0 0 0 4320227 5055888 7617 90296 13355 119867 4341199 5266051 56931 16914 0 0 2499447 2763167 0 0 48607 2097662 2580333 4654040 5360414 -312841 -94363 11422304 11396214 1013132 986776 10409172 10409438 X SOLAR ELECTRIC POWER ASSOCIATION (SEPA) IS A NONPROFIT ORGANIZATION WITH UTILITY, ELECTRIC SERVICE PROVIDER, MANUFACTURER, INSTALLER, GOVERNMENT AND RESEARCH MEMBERS. SEPA'S MISSION IS TO FACILITATE THE USE AND INTEGRATION OF SOLAR ELECTRIC POWER BY UTILITIES, ELECTRIC SERVICE PROVIDERS, AND THEIR CUSTOMERS. TO ACHIEVE THIS MISSION, SEPA: 1. FACILITATES AND SUPPORTS THE CREATION OF NEW BUSINESS MODELS THAT WILL ENCOURAGE UTILITIES TO INTEGRATE SOLAR POWER INTO THEIR PORTFOLIO;2. PROVIDES INFORMATION ANALYSIS THAT RESULTS IN INCREASED SOLAR AND UTILITY INDUSTRY KNOWLEDGE ON THE SUBJECT OF SOLAR TECHNOLOGIES, PROGRAMS AND POLICIES;3. CONDUCTS FORUMS TO ALLOW STAKEHOLDERS IN EACH INDUSTRY TO DEVELOP RELATIONSHIPS WITH ONE ANOTHER AND COLLABORATIVELY CREATE AND IMPLEMENT INNOVATIVE SOLUTIONS; AND4. CONNECTS THE UTILITY / SOLAR COMMUNITY WITH THE BROADER NATIONAL AND INTERNATIONAL ENERGY AND BUSINESS COMMUNITY. 0 0 2068736 16914 4398249 EDUCATION AND OUTREACH: SEEKS TO STIMULATE THE INCREASED UTILITY ADOPTION AND INTEGRATION OF SOLAR ELECTRIC TECHNOLOGIES, ON EITHER SIDE OF THE METER, BY PROVIDING A VARIETY OF SUPPORT SERVICES AND INFORMATION TO UTILITIES THROUGHOUT THE UNITED STATES. THE EXPECTED OUTCOMES INCLUDE: THE DEVELOPMENT OF NEW UTILITY SOLAR PROGRAMS AND THE EXPANSION OF EXISTING UTILITY SOLAR PROGRAMS; INCREASED UTILITY AND CUSTOMER OWNED SOLAR INSTALLATIONS; AND INCREASED GENERAL AWARENESS AND UNDERSTANDING OF THE SOLAR TECHNOLOGIES AND APPLICATIONS BY UTILITY EMPLOYEES.EDUCATION ON SOLAR TECHNOLOGY IS DONE THROUGH ON-LINE TEACHING (WEBINARS), REGIONAL WORKSHOPS, SEMINARS, AND EDUCATIONAL CONFERENCES. 1935067 458639 STRATEGY AND RESEARCH: IDENTIFIES UTILITY INDUSTRY TRENDS AND THE SPECIFIC NEEDS OF THE UTILITY INDUSTRY AS IT RELATES TO POLICY, TECHNICAL, BUSINESS AND OTHER SOLAR ISSUES, INCORPORATING TRENDS AND UTILITY CONCERNS INTO PROGRAMMATIC PLANS THAT MAY HAVE AN EFFECT ON ALL CATEGORIES OF MEMBERSHIP. LEADS SEPA'S EFFORTS TO CONVENE GROUPS OF DIVERSE STAKEHOLDERS AROUND COMPLEX ISSUES RELATED TO UTILITY USE AND INTEGRATION OF SOLAR ENERGY, AND MANAGES RELATIONSHIPS AND PARTNERSHIPS WITH PEERS AT KEY STAKEHOLDER GROUPS IN THE UTILITY SPACE.PERFORMS RESEARCH AND WRITTEN REPORTS ON NEW SOLAR BUSINESS MODELS AND INTEGRATION PRACTICES. CONDUCTS FACT FINDING MISSIONS TO HELP EDUCATE POWER PRODUCERS ON THE INTEGRATION OF SOLAR TECHNOLOGY TO THE UNITEDSTATES MARKET. 4003803 1 0 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 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 19 29 1 0 1 1 1 0 0 0 0 0 0 0 0 0 X 18 18 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X MARK C KIMBLE 2028570898 1220 19TH STREET NW NO 800 WASHINGTON DC 200362405 STEVE MALNIGHT CHAIR 1.00 X X 0 0 0 JOSEPH FORLINE CHAIR-ELECT 1.00 X X 0 0 0 JENNIFER SZARO SECRETARY 1.00 X X 0 0 0 ERVAN HANCOCK TREASURER 1.00 X X 0 0 0 JON BERTOLINO DIRECTOR - UNTIL 05/2014 1.00 X 0 0 0 MATT CHENEY DIRECTOR 1.00 X 0 0 0 CRIS EUGSTER DIRECTOR 1.00 X 0 0 0 MATT FERGUSEN DIRECTOR - UNTIL 10/2014 1.00 X 0 0 0 JAY HERRMANN DIRECTOR - UNTIL 12/2014 1.00 X 0 0 0 JOHN HEWA DIRECTOR 1.00 X 0 0 0 BOBBY HOLLIS DIRECTOR - UNTIL 03/2014 1.00 X 0 0 0 ALEX KIM DIRECTOR 1.00 X 0 0 0 JURGEN KREHNKE DIRECTOR 1.00 X 0 0 0 STACEY KUSTERS DIRECTOR 1.00 X 0 0 0 PAUL LAU DIRECTOR 1.00 X 0 0 0 STEPHEN MORGAN DIRECTOR 1.00 X 0 0 0 MICAH MYERS DIRECTOR 1.00 X 0 0 0 MARK NIELSON DIRECTOR 1.00 X 0 0 0 TIM REBHORN DIRECTOR 1.00 X 0 0 0 LORI SINGLETON DIRECTOR 1.00 X 0 0 0 DAVID SPRADLIN DIRECTOR - UNTIL 10/2014 1.00 X 0 0 0 TOM STARRS DIRECTOR 1.00 X 0 0 0 PASCAL STORCK PHD DIRECTOR 1.00 X 0 0 0 THERESA WILLIAMS DIRECTOR - UNTIL 10/2014 1.00 X 0 0 0 JULIA HAMM PRESIDENT AND CEO 40.00 X 281499 0 28982 MARK C KIMBLE EVP & COO 40.00 X 197898 0 15938 ROBERT GIBSON VP, EDUCATION AND OUTREACH 40.00 X 169462 0 16652 JOHN STERLING SNR. DIR., UTIL. PROG. & PLANNING 40.00 X 156223 0 13472 MIKE TAYLOR - UNTIL 122014 DIRECTOR OF RESEARCH 40.00 X 150045 0 13246 ERAN MAHRER - UNTIL 082015 EVP STRATEGY AND RESEARCH 40.00 X 147385 0 11533 1102512 0 99823 6 0 1 0 RAFFA PC 1899 L STREET NW SUITE 900 WASHINGTON DC 20036 ACCOUNTING & HR SERVICES 199624 ATLANTICBT INC 4509 CREEDMOOR ROAD FL 3 RALEIGH NC 27612 WEBSITE DESIGN 186484 2 SOLAR ENERGY TRD SHOWS 900099 3072815 3072815 MEMBERSHIP DUES 541900 853852 853852 CONSULTING 900099 378934 378934 GRANT FUNDING 900099 278705 278705 REGISTRATIONS 900099 272582 272582 199000 199000 5055888 83631 83631 3526684 3520019 6665 6665 6665 SUBLEASE INCOME 900099 111015 111015 ADVERTISING INCOME 541800 5120 5120 MISCELLANEOUS INCOME 900099 3732 3732 119867 5266051 4856888 5120 404043 16914 16914 710431 322926 382262 5243 1662338 1068558 584484 9296 50129 33008 16889 232 166709 101907 63854 948 173560 94143 78423 994 13277 13277 249970 249970 30339 30339 334887 125158 209729 256731 105604 151127 83843 644 83199 151869 15747 136122 564967 564967 282654 200327 79801 2526 222181 203231 7142 11808 277375 277375 24992 24992 PROF. DEVELOPMENT 50082 50082 DUES AND SUBSCRIPTIONS 29369 29369 CONFERENCE REGISTRATION 4841 4114 727 DESIGN AND PRINTING 2956 954 2002 1710568 -1728128 17560 5360414 4003803 1308004 48607 1019658 753175 4702738 6019934 149536 285547 136945 78105 1891267 1135555 828521 755712 3826342 3208215 100000 100000 658564 195526 11422304 11396214 181873 342006 363235 286137 468024 358633 1013132 986776 X 10326172 10409438 83000 0 10409172 10409438 11422304 11396214 -94363 94629 0 X 0 1 X 1 0 X 299423 203025 7500 509948 6246623 7125572 5141322 4090127 4856888 27460532 382000 230100 199000 811100 6546046 7328597 5530822 4320227 5055888 28781580 0 0 0 28781580 24493 86796 59740 72227 194646 437902 24493 86796 59740 72227 194646 437902 11353 5075 3580 3732 23740 6570539 7426746 5595637 4396034 5254266 29243222 0.98420 0.99060 0.01500 0.00870 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: CA TAX REFUND - 2011 AMOUNT: $ 7,519. RETAINED WIRE FEES - 2011 AMOUNT: $ 3,834. 2012 AMOUNT: $ 5,075. OTHER INCOME - 2013 AMOUNT: $ 3,580. 2014 AMOUNT: $ 3,732. 840853 491273 349580 1050414 644282 406132 755712 DEFERRED RENT 349503 REFUNDABLE DEPOSIT 9130 358633 X 5249665 94629 94629 5155036 111015 111015 5266051 5249399 0 5249399 111015 111015 5360414 PART X, LINE 2: AS OF DECEMBER 31, 2014 AND 2013, THERE WERE NO ACCRUALS FOR UNCERTAIN TAX POSITIONS. PART XI, LINE 4B - OTHER ADJUSTMENTS: SUBLEASE INCOME 111,015. PART XII, LINE 4B - OTHER ADJUSTMENTS: SUBLEASE INCOME 111,015. 1 SCHOLARSHIPS 19 16914 FMV COMPLEMENTARY CONFERENCE REGISTRATIONS PART I, LINE 2: SCHOLARSHIPS ARE MADE AVAILABLE TO ASSIST UTILITY AND SOLAR INDUSTRY MEMBERS IN PARTICIPATING IN CONFERENCES, WORKSHOPS, AND TRAINING. THESE INCLUDE TRAVEL REIMBURSEMENTS AND COMPLIMENTARY REGISTRATIONS. RECIPIENTS ARE REQUIRED TO SUBSTANTIATE EXPENSES BEFORE RECEIVING THE AWARD. EXPENSES ARE REVIEWED BY MANAGEMENT PRIOR TO DISBURSING THE FUNDS. X X X X X X 0 0 0 0 0 0 0 1 0 JULIA HAMM PRESIDENT AND CEO 228094 0 53405 0 0 0 8911 0 20071 0 310481 0 0 0 MARK C KIMBLE EVP & COO 193889 0 4009 0 0 0 7755 0 8183 0 213836 0 0 0 ROBERT GIBSON VP, EDUCATION AND OUTREACH 169208 0 254 0 0 0 6768 0 9884 0 186114 0 0 0 JOHN STERLING SNR. DIR., UTIL. PROG. & PLANNING 152744 0 3479 0 0 0 5712 0 7760 0 169695 0 0 0 MIKE TAYLOR - UNTIL 122014 DIRECTOR OF RESEARCH 142700 0 7345 0 0 0 5892 0 7354 0 163291 0 0 0 ERAN MAHRER - UNTIL 082015 EVP STRATEGY AND RESEARCH 138735 0 8650 0 0 0 5549 0 5984 0 158918 0 0 0 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 VI, SECTION A, LINE 6 SEPA SHALL HAVE SEVEN (7) MEMBERSHIP CLASSES: OF THE 7 MEMBERSHIP CLASSES, THE SIX MEMBERSHIP CLASSES LISTED BELOW HAVE THE AUTHORITY TO APPOINT THE BOARD OF DIRECTORS. [A] UTILITIES; [B] GENERATION AND TRANSMISSION COOPERATIVES/REGIONAL TRANSMISSION ORGANIZATIONS/JOINT ACTION AGENCIES/FEDERAL POWER AUTHORITIES/WHOLESALE MARKETERS OPERATING IN A NON-COMPETITIVE ENVIRONMENT; [C] INDEPENDENT POWER PRODUCERS/WHOLESALE MARKETERS OPERATING IN A COMPETITIVE ENVIRONMENT; [DL MANUFACTURERS; [EL PROJECT DEVELOPERS/INTEGRATORS/INSTALLERS/DISTRIBUTERS; [FL BUSINESS AND PROFESSIONAL SERVICES. OF THE 7 MEMBERSHIP CLASSES, THE SIX MEMBERSHIP CLASSES LISTED ABOVE HAVE THE AUTHORITY TO APPOINT THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7A PLEASE REFER TO THE RESPONSE FOR PART VI, LINE 6 FOR THE EXPLANATION OF THE MEMBERSHIP CLASSES WITH THESE RIGHTS AND THE DESCRIPTION OF THEIR RIGHTS. FORM 990, PART VI, SECTION B, LINE 11 REVIEW OF FEDERAL FORM 990: THE FEDERAL FORM 990 IS INITIALLY REVIEWED BY THE EVP & COO, 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 CONFLICT OF INTEREST POLICY: 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 15 COMPENSATION: THE BOARD OF DIRECTORS REVIEWS AND APPROVED 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 DISCLOSURE OF GOVERNING DOCUMENTS: SEPA'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE FOR VIEWING UPON REASONABLE REQUEST. SOLAR ENERGY TRADE SHOWS LLC 1530 WILSON BLVD SUITE 120 ARLINGTON VA 22209 271527552 CONFERENCES DE RELATED 5825349 1197924 0 0 0.50000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0