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These payments are made in connection with the performance of tax exempt scientific research in the public interest, which by definition also incidentally benefits EPRI members who may in certain circumstances have a direct and immediate benefit from such research. The research results may also in certain circumstances have a more direct benefit to the EPRI members than to the general public contemplated within Treasury Regulation Section 1.509(a)-3(g)(2). Line 12: Other income includes income from previously published scientific research reports and software available for sale to the general public and income from related scientific research activities conducted by EPRI in the public interest. 24113 24113 268247714 268271827 1000000 250000 1000000 1000000 1000000 1000000 4000000 6000000 79694 44668 10262 24113 158737 250000 250000 250000 250000 1000000 1500000 2293299 2293299 59429338 36855538 22573800 4346085 3410120 935965 24240313 15502154 8738159 24127743 14533429 9594314 44135537 LONG TERM INVESTMENTS 40768559 F 40768559 0 ACCRUED POST RETIREMENT BENEFITS 12709194 DEPOSIT ACCOUNTS 5002009 RETENTION PAYABLE - LONG TERM 13156 17724359 Schedule D, Part X, Line 2: EPRI adopted FIN48 (codified as ASC740) in 2009. The adoption in 2009 did not have a material impact on the EPRI financial statements. There was no change in 2010 or 2011. As a result, the financial statements do not have a FIN48 liability recorded and a footnote for FIN48 was not required. true East Asia and the Pacific 0 0 Program Services R&D PROJECT 2351381 Europe (Including Iceland and Greenland) 0 1 Program Services R&D PROJECT 17445492 Middle East and North Africa 0 0 Program Services R&D PROJECT 49248 North America 0 0 Program Services R&D PROJECT 3437215 Russia and the Newly Independent States 0 0 Program Services R&D PROJECT 14000 South America 0 0 Program Services R&D PROJECT 50605 Sub-Saharan Africa 0 0 Program Services R&D PROJECT 30274 North America 0 0 Grantmaking SPONSORSHIP 51768 Sub-Saharan Africa 0 0 Grantmaking sponsorship 2000 East Asia and the Pacific 0 0 Unrelated Trade or Business 593091 Europe (Including Iceland and Greenland) 0 0 Unrelated Trade or Business 2044664 North America 0 0 Unrelated Trade or Business 25885 East Asia and the Pacific 0 0 Investments 10969414 Europe (Including Iceland and Greenland) 0 0 Investments 34970561 North America 0 0 Investments 11679780 0 1 0 1 83715378 83715378 North America CONTRIBUTION 30268 WIRE North America CONTRIBUTION 20000 CHECK 2 0 HONORARIUM FOR SPEAK AT SWITCHING & RELIAB CONF Sub-Saharan Africa 1 2000 WIRE HONORARIUM FOR SPEAK AT GLOBAL CLIMATE CHNG SEM North America 1 1500 CHECK false false false false false true Monitoring the Use of Grant Funds Outside of the United States Schedule F, Part I, Line 2: EPRI occasionally makes grants to other institutions when doing so is consistent with and furthers EPRI's charitable purpose. Grants are made only to entities which are well known to EPRI and after appropriate due diligence. The permitted uses of the granted funds are spelled out to the grantee and EPRI typically receives reports, technical papers, conference and similar materials demonstrating the appropriate use of the granted funds. true ALLIANCE FOR SUSTAINABLE ENERGY LLC 1617 COLE BLVD GOLDEN CO 80401 261939342 501(c)(3) 50000 CONTRIBUTION AMERICAN COUNCIL ON RENEWABLE ENERGY 1600 K STREET NW WASHINTON DC DC 20006 522353661 501(c)(3) 50000 Contribution ARIZONA STATE UNIVERSITY 577 ENGINEERING RSRCH CTR TEMPE AZ 85287 860196696 115 155443 Contribution BATELLE ENERGY ALLIANCE LLC 2525 N FREMONT AVE IDAHO FALLS ID 83415 680588324 501(c)(3) 20000 Contribution BIOELECTROMAGNETICS SOCIETY 2412 COBBLESTONE WAY FREDERICK MD 21702 510229774 501(c)(3) 10000 Contribution CARNEGIE MELLON UNIVERSITY 5000 FORBES AVE PITTSBURGH PA 15213 250969449 501(c)(3) 218793 Contribution FOREST TRENDS ASSOCIATION 1050 POTOMAC ST NW WASHINTON DC DC 20007 522135531 501(c)(3) 30000 Contribution GEORGIA TECH FOUNDATION INC 777 ATLANTIC DRIVE NW ATLANTA GA 30332 586043294 501(c)(3) 61000 Contribution GORDON RESEARCH CONFERENCES 512 LIBERTY LANE WEST KINGSTON RI 02892 050300482 501(c)(3) 7000 Contribution HARVARD UNIVERSITY 29 OXFORD STREET CAMBRIDGE MA 02138 530199180 501(c)(3) 10000 Contribution MICHIGAN TECH FUND 1400 TOWNSEND DRIVE HOUGHTON MI 49930 381554664 501(c)(3) 15000 Contribution MRIGLOBAL 425 VOLKER BLVD KANSAS CITY MO 64110 440545878 501(c)(3) 100000 Contribution RESOURCES FOR THE FUTURE INC 1616 P STREET NW WASHINTON DC DC 20036 530220900 501(c)(3) 25000 Contribution SOUTHWEST RESEARCH INSTITUTE 6220 CULEBRA ROAD SAN ANTONIO TX 78238 741070544 501(c)(3) 12500 Contribution STANFORD UNIVERSITY TERMAN ENG CTR STANFORD CA 94305 941156365 501(c)(3) 466356 Contribution THE TRUSTEES OF COLUMBIA UNIVERSITY 2950 BROADWAY NEW YORK NY 10027 135598093 501(c)(3) 30800 Contribution UNIVERSITY OF CALIFORNIA SAN DIEGO 9500 GILMAN DRIVE LA JOLLA CA 92093 952872494 501(c)(3) 450000 Contribution UNIVERSTIY OF ILLINOIS AT URBANA-CHAMPAIGN 1901 SOUTH FIRST STREET CHAMPAIGN IL 61820 376000511 501(c)(3) 13522 CONTRIBUTION UNIVERSITY OF KENTUCKY 301 PETERSON SRV BLDG LEXINGTON KY 40506 616033693 501(c)(3) 50000 CONTRIBUTION UNIVERSITY OF MINNESOTA 2221 UNIV AVE SE MINNEAPOLIS MN 55414 416007513 115 66668 CONTRIBUTION UNIVERSTIY OF NORTH DAKOTA 15 NORTH 23RD ST FGRAND FORKS ND 58202 456002491 501(c)(3) 25000 CONTRIBUTION UNIVERSITY OF TENNESSEE 118 PERKINS HALL KNOXVILLE TN 37996 626001636 115 50000 CONTRIBUTION UNIVERSITY OF WEST FLORIDA 11000 UNIVERSITY PKWY PENSACOLA FL 32514 596166292 501(c)(3) 10000 CONTRIBUTION UTILITY ARBORIST ASSICIATES INC 2101 WEST PARK COURT CHAMPAIGN IL 61821 371404021 501(c)(3) 43940 CONTRIBUTION 24 0 HONORARIUM FOR PARTICIP. ON SCIENTIFIC ADV COMM 3 3000 HONORARIUM FOR SPEAKING AT EPRI N2O OFFSETS WRKSHP 1 1000 HONORARIUM FOR SPEAK AT SWITCHING & RELIAB CONF 1 2000 HONORARIUM FOR SPEAK AT GLOBAL CLIMATE CHNG SEM 2 3000 HONORARIUM FOR INPUT TO UNDRGRND DIST SYS MANUAL 2 10000 HOUSING STIPEND FOR INTERN 1 3840 HONORARIUM FOR REVIEWING DATA TAPES 1 1000 Monitoring the Use of Grant Funds in the United States Schedule I, Part I, Line 2: EPRI occasionally makes grants to other institutions when doing so is consistent with and furthers EPRI's charitable purpose. Grants are made only to entities which are well known to EPRI and after appropriate due diligence. The permitted uses of the granted funds are spelled out to the grantee and EPRI typically receives reports, technical papers, conference and similar materials demonstrating the appropriate use of the granted funds. X X X true true X X X X X true true false false false false false true false MICHAEL W HOWARD 462596 0 400000 0 61904 0 618269 0 11105 0 1553874 0 400000 0 HENRY A COURTRIGHT 327671 0 280250 0 37891 0 289000 0 9821 0 944633 0 280250 0 NORMA FORMANEK 285285 0 242841 0 13799 0 258000 0 6171 0 806096 0 242841 0 CHRISTIAN B LARSEN 300960 0 63405 0 7380 0 293791 0 6860 0 672396 0 63405 0 ARSHAD MANSOOR 298986 0 229372 0 17808 0 394600 0 5413 0 946179 0 229372 0 C THOMAS ALLEY JR 236772 0 109079 0 8175 0 196348 0 10189 0 560563 0 0 0 SALVADOR A CASENTE JR 217932 0 167214 0 15183 0 186640 0 451 0 587420 0 167214 0 ROBERT N CHAPMAN 222694 0 177076 0 15270 0 199100 0 9122 0 623262 0 177076 0 BRYAN J HANNEGAN 254994 0 198581 0 19835 0 211100 0 9601 0 694111 0 198581 0 MARK MCGRANAGHAN 237288 0 123431 0 993 0 197783 0 5146 0 564641 0 0 0 DENNIS J MURPHY 224800 0 177076 0 15225 0 195900 0 7016 0 620017 0 177076 0 CAROLYN SHOCKLEY 254065 0 198000 0 20159 0 241600 0 9036 0 722860 0 198000 0 NEIL M WILMSHURST 252662 0 170935 0 6845 0 241100 0 6853 0 678395 0 170935 0 STEVEN T YAMAMOTO 125799 0 167166 0 208080 0 29383 0 1072 0 531500 0 167166 0 STEVEN R SPECKER 0 0 525000 0 9949 0 0 0 3480 0 538429 0 525000 0 DAVID J MODEEN 238419 0 139800 0 1006 0 160680 0 6164 0 546069 0 137800 0 ROSA L YANG 215394 0 158509 0 1402 0 157537 0 11162 0 544004 0 156509 0 CLARK W GELLINGS 232475 0 127794 0 2938 0 151354 0 6850 0 521411 0 127794 0 NORRIS S HIROTA 215846 0 123719 0 916 0 148208 0 11986 0 500675 0 123719 0 GEORGE R OFFEN 216568 0 111943 0 4165 0 145507 0 1710 0 479893 0 0 0 TUAN NGUYEN 208955 110013 1248 138900 509 459625 0 MICHAEL MILLER 210036 0 119934 0 1339 0 143248 0 11578 0 486135 0 0 0 DAVID STEININGER 209866 0 80734 0 1311 0 81766 0 9585 0 383262 0 0 0 Questions Regarding Compensation Schedule J, Line 1a: First Class Travel: EPRI's CEO and senior vice presidents are required to travel frequently and often for extended periods away from home. To lessen the burden and increase productivity first class travel is allowed and pre-approved for EPRI's CEO and senior vice presidents during periods when the individual is subjected to a heavy travel schedule and extended flight duration. Travel for Companions: EPRI recognizes exceptional employee achievement through an annual award program. EPRI officers and award winners may be reimbursed for companion travel for one guest to attend the annual award ceremony. The travel reimbursement is reported on the employees' Form W-2 as taxable income as required and reported on Schedule J, Part II, Column B, Part iii. Gross-Up Payments: EPRI provides a gross up related to the taxes payable on the additional taxable income reported for the reimbursement of companion travel to attend the annual award ceremony. The following officers received payments for reimbursement of companion travel in 2011. Henry A Courtright $ 375 Charles Thomas Alley Jr $ 772 The following individuals received gross up payments for financial planning services in 2011. Steven R Specker $9,949 Steven T Yamamoto $6,651 Line 4a: Steven T Yamamoto received severance of $174,299 which is reported on his Form W-2 as taxable income as required and reported on Schedule J, Part II, Column B, Part iii. Line 4b: EPRI provides a retirement contribution for its employees based on their compensation. This retirement contribution is usually in the form of an employer contribution to its retirement plans. However, if the calculated retirement contribution exceeds the retirement plan employer contribution limit for the year, the amount of the retirement contribution in excess of the limit is reported on the employees' Form W-2 as taxable income as required and reported on Schedule J, Part II, Column B, Part iii. Michael W Howard $ 46,000 Henry A Courtright $ 20,507 Norma G Formanek $ 12,450 Arshad Mansoor $ 12,387 Bryan J Hannegan $ 4,868 Carolyn R Shockley $ 4,956 Neil M Wilmshurst $ 1,719 Line 7: Officers, as well as employees, are eligible for incentive awards based on EPRI's results against Corporate Goals and each individual's performance and contribution toward achieving those goals. Incentive awards are strongly tied to both corporate and individual performance. Incentive awards are determined based as a percentage of base salary and are considered in the determination by EPRI of a total reasonable compensation package. The EPRI Board approves incentive payments for all officers. SCHEDULE J, PART II: Officers, Directors, Trustees, Key Employees, and Highest Comp. Employees As required by the Form 990 instructions Column B(ii) includes the prior year at-risk incentive accrued benefit actually paid in 2011. This amount is also reported in Column F. In addition, the current year accrual of an at-risk incentive benefit is included in Column C. DR JAY APT BOARD DIRECTOR 218793 GRANT CAR MEL MARK T SAVOFF BOARD DIRECTOR 17039 SON EMPLOYED BY EPRI false C THOMAS ALLEY JR OFFICER 10556 DAUGHTER EMPLOYED BY EPRI false SEE SCH L PART V FOR FURTHER DETAIL INFORMATION ON THE TRANSACTIONS BEL THE FOLLOWING ARE PAYMENTS TO EPRI AMEREN CORPORATION BOARD DIRECTOR 35000 FUNDING FOR SERVICES false AMERICAN ELECTRIC POWER BOARD DIRECTOR 53000 FUNDING FOR SERVICES false DUKE ENERGY CORPORATION BOARD DIRECTOR 33362 FUNDING FOR SERVICES false EDISON INTERNATIONAL BOARD DIRECTOR 880758 FUNDING FOR SERVICES false ELECTRICITE DE FRANCE BOARD DIRECTOR 27500 FUNDING FOR SERVICES false ENTERGY CORPORATION BOARD DIRECTOR 243650 FUNDING FOR SERVICES false ESKOM BOARD DIRECTOR 134595 FUNDING FOR SERVICES false EXELON CORPORATION BOARD DIRECTOR 151500 FUNDING FOR SERVICES false KOREA ELECTRIC POWER COMPANY BOARD DIRECTOR 60889 FUNDING FOR SERVICES false NORTHEAST UTILITIES BOARD DIRECTOR 29000 FUNDING FOR SERVICES false PROGRESS ENERGY BOARD DIRECTOR 264300 FUNDING FOR SERVICES false SOUTHERN COMPANY BOARD DIRECTOR 369094 FUNDING FOR SERVICES false TENNESSE VALLEY AUTHORITY BOARD DIRECTOR 593987 FUNDING FOR SERVICES false TOKYO ELECTRIC POWER COMPANY BOARD DIRECTOR 673977 FUNDING FOR SERVICES false XCEL ENERGY INC BOARD DIRECTOR 78923 FUNDING FOR SERVICES false SEE SCHEDULE L PART V FOR FURTHER DETAILED INFORMATION ON THE TRANSAC BELOW THE FOLLOWING ARE PAYMENTS B EPRI AMEREN CORPORATION BOARD DIRECTOR 218560 PYMT FOR PUBLIC INTEREST R&D false AMERICAN ELECTRIC POWER BOARD DIRECTOR 790396 PYMT FOR PUBLIC INTEREST R&D false CARNEGIE MELLON UNIVERSITY BOARD DIRECTOR 255913 PYMT FOR PUBLIC INTEREST R&D false DUKE ENERGY CORPORATION BOARD DIRECTOR 402727 PYMT FOR PUBLIC INTEREST R&D false ELECTRICITE DE FRANCE BOARD DIRECTOR 5003515 PYMT FOR PUBLIC INTEREST R&D false ENTERGY CORPORATION Board Director 2786 PYMT FOR PUBLIC INTEREST R&D false EXELON CORPORATION Board Director 82167 PYMT FOR PUBLIC INTEREST R&D false HAWAIIAN ELECTRIC INDUSTRIES Board Director 567220 PYMT FOR PUBLIC INTEREST R&D false KOREAN ELECTRIC POWER COMPANY Board Director 996028 PYMT FOR PUBLIC INTEREST R&D false MASSACHUSETTS INSTITUTE OF TECHNOLO Board Director 1111876 PYMT FOR PUBLIC INTEREST R&D false NORTHEAST UTILITIES Board Director 120110 PYMT FOR PUBLIC INTEREST R&D false PROGRESS ENERGY Board Director 39368 PYMT FOR PUBLIC INTEREST R&D false SOUTHERN COMPANY Board Director 5801270 PYMT FOR PUBLIC INTEREST R&D false TENNESSEE VALLEY AUTHORITY Board Director 417229 PYMT FOR PUBLIC INTEREST R&D false TOKYO ELECTRIC POWER COMPANY BOARD DIRECTOR 10694 PYMT FOR PUBLIC INTEREST R&D false XCEL ENERGY INC BOARD DIRECTOR 99000 PYMT FOR PUBLIC INTEREST R&D false Grants or Assistance Benefitting Interested Persons Schedule L, Part III In 2011, EPRI contributed $218,793 to Carnegie Mellon University to support the Carnegie Mellon Electricity Industry Center. This grant may have indirectly benefitted Dr. Jay Apt who is a faculty member of the University. EPRI is filing a protective disclosure of this amount in Schedule L, Part III. Business Transactions Involving Interested Persons Schedule L, Part IV EPRI received payment from the organizations listed in Schedule L, Part IV to conduct services work associated with unrelated business activities. An individual that served as a current or former officer, director, trustee or key employee listed in EPRI's Form 990, Part VII, Section A may have served in a similar position for the listed organizations. All of the listed transactions were on an arms-length basis. EPRI made payment to the organizations listed in Schedule L, Part IV to conduct public interest and supplemental research. An individual that served as a current or former officer, director, trustee or key employee listed in EPRI's Form 990, Part VII, Section A may have served in a similar position for the listed organizations. All of the listed transactions were on an arms-length basis. Organization's Mission and Most Important Activities Form 990, Part I, Line 1 and Part III, Line 1: EPRI conducts research and development relating to generation, delivery and use of electricity for the benefit of the public. An independent, nonprofit organization, EPRI brings together its scientists and engineers as well as experts from academia and industry to help address challenges in electricity, including reliability, efficiency, health, safety and the environment. EPRI also provides technology, policy and economic analyses to drive long-range research and development planning, and supports research in emerging technologies. EPRI's principal offices and laboratories are located in Palo Alto, Calif.; Charlotte, N.C; Knoxville, Tenn.; and Lenox, Mass. Program Service Activity Form 990, Part III, Line 4a: EPRI's mission is to conduct research & development through science and technology with a view of providing benefits to its member's customers and the U.S. public. To accomplish this objective, EPRI develops and manages research and development programs for improving energy generation, delivery and usage. Program service expenses are direct charges to the research programs. Certain indirect expenses are included in the management and general expense category, as EPRI does not separate these expenses for financial accounting purposes. Governance, Management, and Disclosure Form 990, Part VI Line 4: The material changes in the Bylaws were to: (1) Increase the number of directors from 33 to 35 by 2013 through an increase in the number of Class III (international) directors serving on the Board; (2) Allow for service on the Executive Committee by former chairs of the Board who still serve on the Board; (3) Establish that independent power production entities were eligible to be represented on the Board in Class II director positions and made clarifying changes regarding sections including the record dates and procedures for elections of directors. Line 6: EPRI has three classes of members, namely: (a) Class I (1) Any person, firm, agency or corporation owned by the federal government, or by an agency, authority or instrumentality of the federal government, which is engaged to a substantial degree in the production, transmission or distribution of electric power for public use within the United States; (2) Any cooperative association or cooperative corporation which is engaged to a substantial degree in the production, transmission or distribution of electric power for public use within the United States; (3) Any nonfederal governmental or other public agency, authority or instrumentality, or any non-profit corporation, association or other non-profit organization operating pursuant to governmental oversight or regulation, which is engaged to a substantial degree in the production, transmission or distribution of electric power for public use within the United States; (4) Any corporation, association or other organization operating pursuant to governmental oversight or regulation, which is engaged to a substantial degree in operating, maintaining or assuring reliability of systems for the transmission of electric power for public uses within the United States and Canada; or (5) Any governmental or other public agency, authority or instrumentality within the United States which is engaged to a substantial degree in directly funding research and development related to the production, transmission, distribution, sale, and utilization of electric power, including but not limited to, energy efficiency, renewables, and environmental research. (b) Class II (1) Any investor-owned person, firm or corporation which is engaged to a substantial degree in the production, transmission or distribution of electric power for public use within the United States, or any person controlling such person, firm, corporation or other entity; (2) Any person, firm, corporation, or other entity which is engaged to a substantial degree within the United States in the production or sale of electric power and which is not regulated as a public utility, or any person controlling such person, firm or corporation. (c) Class III Any non-United States government agency or person, firm, corporation or other entity regulated as a utility, which is engaged to a substantial degree in the production, transmission or distribution of electric power for public use outside the United States. Line 7a: In 2011, the members of EPRI's Board of Directors were elected and appointed as follows: Class I members may elect seven members of the Board. The Tennessee Valley Authority and the Bonneville Power Administrator may each appoint one member of the Board. Class II members may elect fifteen members of the Board. Class III members may elect four members of the Board. The EPRI Advisory Council may appoint six members of the Board. Line 7b: Members have the power to amend the articles of incorporation and may have other powers conferred by the Nonprofit Corporation Code of the District of Columbia. Line 11b: An external tax firm and EPRI staff work together to gather the required tax information necessary to complete the tax return. The tax firm prepares an initial draft return and reviews the initial draft return with the finance and legal management team; items are discussed and reviewed. Recommended changes are reflected in the return and a draft tax return is prepared. The draft tax return is presented to the Audit Committee for their review and a copy is provided through a secure link to the Board of Directors. The audit committee may question EPRI management and the external tax firm or ask for clarification on any item on the return. After the Committee has reviewed the tax return, the return is filed with the appropriate governing tax authorities. Line 12c: EPRI requires all employees to complete an annual statement disclosing any conflicts of interest and they have a requirement to update the disclosure on an ongoing basis. Line 15a and 15b: Officers' compensation decisions are determined by the Compensation and Benefits Committee of EPRI's Board of Directors, with the exception of determination of compensation levels for the CEO and new officers, which are usually determined by the Executive Committee of the Board of Directors. The Committees obtain and act in reliance upon appropriate comparability and benchmarking data for the officer positions from a nationally recognized independent source to support determinations of fair market value for the services rendered. The Committees vote on officer compensation at their meetings and documents the approval in the minutes. Line 16b: As defined by the Form 990 instructions, a joint venture or similar arrangement (or a "venture or arrangement") means any joint ownership or contractual arrangement through which there is an agreement to jointly undertake a specific business enterprise, investment, or exempt-purpose activity without regard to (1) whether the organization controls the venture or arrangement, (2) the legal structure of the venture or arrangement. EPRI performs services work and other unrelated business activities and reports that work as unrelated business income for appropriate tax treatment. Particular care is taken in structuring business arrangements such as commercialization transactions, strategic alliances, service centers, and other similar arrangements, including obtaining advice early in the process, in order to protect EPRI's tax-exempt status and minimize liability. Line 19: EPRI makes its governing documents, conflict of interest policy, and audited financial statements for the past 3 years available to the public through its own website. Reconciliation of Net Assets Form 990, Part XI Line 5: The other change in net assets or fund balance is an unrealized loss of $570. Electricity Innovation Institute 3420 Hillview Avenue Palo Alto CA 94304 770562327 DORMANT CA 501(c)(3) 9 na false EPRI Solutions Inc 942 Corridor Park Knoville TN 37932 770449454 R&D Applic DE NA C Corp -18837 1910607 1.00000 EPRI International Inc 3420 Hillview Avenue Palo Alto CA 94304 522357247 Intl Sales DE na C Corp 446015 5486397 1.00000 false false false false false false false false false false true true true true false false false false EPRI INTERNATIONAL INC L 3846056 ACTUAL EXPENSE EPRI INTERNATIONAL INC K 112189 ACTUAL EXPENSE