North American Electric Reliabilitycorporation
- Assets
- $65.2m
- Revenue
- $81.8m
- Investments
- $0.0
- Employees
- 239
- Location
- Atlanta, GA
- Founding
- 06/2006
- Data as of
- 12/2021
- EIN
- 20-4821888
Organization Overview
North American Electric Reliabilitycorporation is located in Atlanta, GA. 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, North American Electric Reliabilitycorporation employed 239 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. North American Electric Reliabilitycorporation 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, North American Electric Reliabilitycorporation generated $81.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.7% each year. All expenses for the organization totaled $82.4m during the year ending 12/2021. While expenses have increased by 4.1% 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
ASSURE THE EFFECTIVE, EFFICIENT REDUCTION OF RISKS TO THE RELIABILITY & SECURITY OF ELECTRIC GRID.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE SCHEDULE O.
RELIABILITY ASSESSMENT AND PERFORMANCE ANALYSIS: THIS ACTIVITY INCLUDES THE ANALYSIS AND REPORTING ON THE RELIABILITY AND ADEQUACY OF THE NORTH AMERICAN BULK POWER SYSTEM, ANALYSIS OF OFF-NORMAL EVENTS, IDENTIFICATION OF ROOT CAUSES OF EVENTS, ASSESSMENT OF PAST RELIABILITY PERFORMANCE FOR LESSONS LEARNED, DISSEMINATION OF FINDINGS AND LESSONS LEARNED TO THE ELECTRIC INDUSTRY TO IMPROVE RELIABILITY PERFORMANCE, AND DEVELOPMENT OF RELIABILITY PERFORMANCE BENCHMARKS.
COMPLIANCE ENFORCEMENT: THIS ACTIVITY INCLUDES THE PROCESS USED TO ASSESS, INVESTIGATE, EVALUATE, AND AUDIT IN ORDER TO MEASURE COMPLIANCE WITH NERC RELIABILITY STANDARDS THAT ARE DEVELOPED, ADOPTED, AND APPROVED THROUGH THE RELIABILITY STANDARDS DEVELOPMENT PROGRAM AND PLACED INTO EFFECT PURSUANT TO FERC ORDERS OR TO APPLICABLE AUTHORITIES IN OTHER NORTH AMERICAN JURISDICTIONS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James B Robb President And CEO | OfficerTrustee | 50 | $904,101 |
Manuel J Cancel SVP & CEO Of The E-Isac | Officer | 50 | $595,742 |
Stan Hoptroff Vp, Business Technology | Officer | 54 | $542,043 |
Mark G Lauby SVP And Chief Engineer | Officer | 57 | $526,731 |
Sonia C Mendonca Svp, Gc & Corp. Sec. | Officer | 50 | $525,713 |
Janet L Sena Svp, External Affairs | Officer | 50 | $466,514 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Battelle Pacific Northwest Division Crisp Data Sharing | 12/30/21 | $5,350,728 |
Persidio Networked Solutions Technology Provider | 12/30/21 | $4,071,078 |
64 Dcgt Owner Llc Landlord, Dc | 12/30/21 | $2,009,272 |
Agile Resources Inc Contractor Agency | 12/30/21 | $1,899,233 |
Deloitte And Touche Llp Consultant | 12/30/21 | $2,130,000 |
Financial Statements
| 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 | $81,715,023 |
| Investment income | $5,024 |
| 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 | $81,782,902 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $11,500 |
| 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. | $7,479,419 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $31,238,297 |
| Pension plan accruals and contributions | $3,710,011 |
| Other employee benefits | $4,596,268 |
| Payroll taxes | $2,280,372 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $435,965 |
| Fees for services: Accounting | $97,117 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $8,439,069 |
| Advertising and promotion | $0 |
| Office expenses | $1,901,369 |
| Information technology | $13,067,942 |
| Royalties | $0 |
| Occupancy | $3,677,592 |
| Travel | $91,080 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $454,712 |
| Interest | $49,489 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,448,960 |
| Insurance | $399,240 |
| All other expenses | $0 |
| Total functional expenses | $82,415,578 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $29,058,217 |
| Savings and temporary cash investments | $8,471,776 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $4,503,002 |
| 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 | $5,376,826 |
| Net Land, buildings, and equipment | $13,841,664 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,975,848 |
| Total assets | $65,227,333 |
| Accounts payable and accrued expenses | $11,562,781 |
| Grants payable | $0 |
| Deferred revenue | $20,230,293 |
| 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 | $2,149,483 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $6,446,032 |
| Total liabilities | $40,388,589 |
| Net assets without donor restrictions | $24,838,744 |
| 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 | $65,227,333 |
Grants Awarded
Over the last fiscal year, North American Electric Reliabilitycorporation has awarded $54,000 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
Atlanta, GA PURPOSE: SERVICE DAY SPONSORSHIP | $10,000 |
Atlanta, GA PURPOSE: SERVICE DAY SPONSORSHIP | $10,000 |
West Lafayette, IN PURPOSE: SCHOLARSHIP FUND GIFT | $10,000 |
West Lafayette, IN PURPOSE: SCHOLARSHIP FUND GIFT | $10,000 |
Piscataway, NJ PURPOSE: MEETING BRONZE SUPPORT | $7,000 |
Piscataway, NJ PURPOSE: MEETING BRONZE SUPPORT | $7,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Association Of International Certified Professional Accountants Durham, NC | $117,401,037 | $202,936,981 |
American Institute Of Certified Public Accountants Durham, NC | $233,833,747 | $195,517,691 |
National Federation Of Independent Business Inc Nashville, TN | $77,203,691 | $109,079,617 |
North American Electric Reliabilitycorporation Atlanta, GA | $65,227,333 | $81,782,902 |
Gsma Ltd Atlanta, GA | $262,728,803 | $123,320,595 |
Institute Of Internal Auditors Lake Mary, FL | $101,351,692 | $59,361,984 |
Srcco Inc Durham, NC | $42,497,453 | $49,465,239 |
Florida Association Of Realtors Orlando, FL | $96,568,925 | $47,578,542 |
National Association Of State Boards Of Accountancy Inc Nashville, TN | $83,126,370 | $38,317,801 |
Southern Motor Carriers Association Inc Peachtree City, GA | $87,365,051 | $35,375,343 |
Unc Management Company Inc Chapel Hill, NC | $53,097,067 | $30,528,524 |
American Welding Society Inc Miami, FL | $147,619,451 | $41,705,708 |