Municipal Electric Utilities Association Of Ny State
- Assets
- $1.3m
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 2
- Location
- East Syracuse, NY
- Founding
- 07/1941
- Data as of
- 12/2021
- EIN
- 11-1698020
Organization Overview
Municipal Electric Utilities Association Of Ny State is located in East Syracuse, NY. The organization was established in 1941. According to its NTEE Classification (W80) the organization is classified as: Public Utilities, under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2021, Municipal Electric Utilities Association Of NY State employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Municipal Electric Utilities Association Of NY State 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, Municipal Electric Utilities Association Of NY State generated $1.2m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.1%) each year. All expenses for the organization totaled $1.1m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (1.5%) per year over the past 7 years. 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
THIS ASSOCIATION PURPOSE SHALL BE TO FOSTER AND ADVANCE THE EFFICIENT OPERATION OF PUBLICLY OWNED AND OPERATED ELECTRIC SYSTEMS INCLUDING THE PRODUCTION,DISTRIBUTION, CONSERVATION FOR THE PRUDENT USE OF ELECTRIC POWER.IT IS OPERATED FOR THE MUTUAL BENEFIT OF ALL MEMBERS AND DOES NOT ENGAGE IN BUSINESS FOR PROFIT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TRAINING AND SAFETY SEMINARS FOR 52 MUNICIPAL EMPLOYEES TO LEARN LATEST SAFETY IDEAS AND APPRENTICE PROGRAM
LEGAL AND CONSULTING COSTS TO ENSURE THAT THE OVER 1 MILLION NEW YORKERS WHO USE PUBLIC POWER RECEIVE THEIR SHARE OF HYDRO-POWER AND ELECTRICITY EFFICENTLY AS POSSIBLE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Anthony Modafferi Executive Director | Officer | 40 | $84,150 |
Nancy Mitchell President | Trustee | 5 | $0 |
Robert Schneider Vice President, Secretary | Trustee | 5 | $0 |
Bryan White Vice President, Treasurer | Trustee | 5 | $0 |
Andrew Thompson President, Elect | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $575,210 |
| 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 | $575,210 |
| Total Program Service Revenue | $580,132 |
| Investment income | $2,445 |
| 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 | $1,167,387 |
| 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. | $84,960 |
| Compensation of current officers, directors, key employees. | $17,060 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $78,216 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $69,293 |
| Fees for services: Accounting | $13,736 |
| Fees for services: Lobbying | $18,383 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $583 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $15,419 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $25,192 |
| Interest | $4,132 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $15,353 |
| Insurance | $44,669 |
| All other expenses | $11,176 |
| Total functional expenses | $1,078,498 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $840,990 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $178,989 |
| 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 | $84,494 |
| Net Land, buildings, and equipment | $194,462 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,298,935 |
| Accounts payable and accrued expenses | $143,259 |
| Grants payable | $0 |
| Deferred revenue | $309,900 |
| 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 | $94,047 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $547,206 |
| Net assets without donor restrictions | $751,729 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $1,298,935 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Rea Energy Cooperative Inc Indiana, PA | $139,260,164 | $26,641,958 |
Claverack Rural Electric Cooperative Inc Wysox, PA | $106,788,216 | $23,056,414 |
Northwestern Rural Electric Cooperative Association Inc Cambridge Springs, PA | $114,436,291 | $21,945,807 |
Valley Rural Electric Cooperative Inc Huntingdon, PA | $99,255,907 | $22,053,014 |
Bedford Rural Electric Cooperative Inc Bedford, PA | $56,175,004 | $11,935,648 |
Steuben Rural Electric Cooperative Inc Bath, NY | $38,467,203 | $11,402,118 |
Griffiss Utility Services Corporation Rome, NY | $55,633,471 | $10,494,870 |
Otsego Electric Cooperative Inc Hartwick, NY | $49,068,805 | $10,412,060 |
Warren Electric Cooperative Inc Youngsville, PA | $26,381,433 | $10,468,215 |
Delaware County Electric Cooperative Inc Delhi, NY | $31,160,673 | $9,563,968 |
Sullivan County Rural Electric Cooperative Inc Forksville, PA | $24,524,984 | $10,662,179 |
New Enterprise Rural Electric Cooperative Inc New Enterprise, PA | $5,292,225 | $8,515,711 |