Northeast Power Coordinating Council Inc is located in New York, NY. The organization was established in 2006. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, Northeast Power Coordinating Council Inc employed 50 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Northeast Power Coordinating Council Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2021, Northeast Power Coordinating Council Inc generated $16.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.0% each year. All expenses for the organization totaled $15.8m during the year ending 12/2021. While expenses have increased by 0.1% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
NORTHEAST POWER COORDINATING COUNCIL, INC. IS RESPONSIBLE FOR PROMOTING AND IMPROVING THE RELIABILITY OF THE INTERNATIONAL, INTERCONNECTED BULK POWER SYSTEMS IN NORTHEASTERN NORTH AMERICA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FIRST OF THREE LARGEST PROGRAM SERVICES BY EXPENSE IS COMPLIANCE ENFORCEMENT AND ORGANIZATION CERTIFICATION AND REGISTRATION (CORC). THIS CORC PROGRAM SERVICE COVERS: 1) THE IDENTIFICATION AND REGISTRATION OF ENTITIES RESPONSIBLE FOR COMPLYING WITH THE NORTH AMERICAN ELECTRIC RELIABILITY CORPORATION RELIABILITY STANDARDS AND NPCC REGIONAL RELIABILITY STANDARDS; 2) THE IMPLEMENTATION OF THE NERC COMPLIANCE MONITORING AND ENFORCEMENT PROGRAM (CMEP) IN THE UNITED STATES, INCLUDING THE IDENTIFICATION OF ENTITY RISK THROUGH INHERENT RISK ASSESSMENT AND INTERNAL CONTROL EVALUATIONS, COMPLIANCE MONITORING, ASSESSMENT AND ENFORCEMENT OF NERC RELIABILTY STANDARDS AND NPCC 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 SERVICE, WHICH INCLUDES: 1) THE EVALUATION, DEVELOPMENT, AND MAINTENANCE OF REGIONAL RELIABILITY STANDARDS DESIGNED SPECIFICALLY FOR RELIABILITY OF THE BULK POWER SYSTEM IN THE NORTHEAST; 2) REGULAR REVIEW OF NERC RELIABILITY STANDARDS TO ENSURE SUCH STANDARDS FOCUS ON PERFORMANCE REQUIREMENTS ESSENTIAL TO RELIABILITY; 3) FACILITATING STAKEHOLDER REVIEW, COMMENT ON, AND DEVELOPMENT OF BALLOT RECOMMENDATIONS FOR ALL NERC RELIABILITY STANDARDS UNDER DEVELOPMENT OR REVISION.INFORMATION TECHNOLOGY SERVICES, WHICH ENSURES INFORMATION AND DATA ASSETS AND THE ENVIRONMENT IN WHICH THEY OPERATE ARE WORKING AND SECURE.A TRAINING, EDUCATION, AND OPERATOR CERTIFICATION PROGRAM SERVICE, WHICH PROVIDES EDUCATION AND TRAINING NECESSARY TO UNDERSTAND AND OPERATE THE BULK POWER 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.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Edward A Schwerdt President & CEO (outgoing) | Officer | 40 | $731,125 |
Charles Dickerson President & CEO | Officer | 40 | $533,243 |
Jennifer B Mattiello Senior VP & COO (outgoing) | Officer | 40 | $386,644 |
Kristin Mckeown Secretary | Officer | 40 | $362,339 |
Philip Fedora VP Of Reliability & Chief Engineer | 40 | $315,991 | |
Scott Nied Assistant VP Of Compliance | 40 | $260,695 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
General Electric International Inc Consulting Services | 12/30/21 | $320,194 |
Smith Gambrell & Russell Llp Legal Services | 12/30/21 | $177,530 |
Marks Paneth Llp Accounting Services | 12/30/21 | $329,205 |
Yoh Services Llc Consulting Services | 12/30/21 | $408,957 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $16,286,338 |
Investment income | $2,787 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $16,289,125 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $2,561,440 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $6,352,600 |
Pension plan accruals and contributions | $774,528 |
Other employee benefits | $1,559,154 |
Payroll taxes | $662,608 |
Fees for services: Management | $0 |
Fees for services: Legal | $342,134 |
Fees for services: Accounting | $416,602 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $1,203,789 |
Advertising and promotion | $0 |
Office expenses | $391,292 |
Information technology | $564,343 |
Royalties | $0 |
Occupancy | $594,748 |
Travel | $6,952 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $7,045 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $210,034 |
Insurance | $44,930 |
All other expenses | $0 |
Total functional expenses | $15,822,893 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $2,065,521 |
Savings and temporary cash investments | $7,755,681 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $627,413 |
Net Land, buildings, and equipment | $531,391 |
Investments—publicly traded securities | $718,303 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $1,782,212 |
Total assets | $13,480,521 |
Accounts payable and accrued expenses | $3,610,203 |
Grants payable | $0 |
Deferred revenue | $261,888 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $1,341,578 |
Total liabilities | $5,213,669 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $8,266,852 |
Total liabilities and net assets/fund balances | $13,480,521 |
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