Retail Energy Supply Association
- Assets
- $1.3m
- Revenue
- $2.0m
- Investments
- $0.0
- Employees
- 0
- Location
- Harrisburg, PA
- Founding
- 04/1996
- Data as of
- 12/2021
- EIN
- 25-1636323
Organization Overview
Retail Energy Supply Association is located in Harrisburg, PA. The organization was established in 1996. According to its NTEE Classification (W80) the organization is classified as: Public Utilities, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Retail Energy Supply Association 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, Retail Energy Supply Association generated $2.0m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.5%) each year. All expenses for the organization totaled $1.9m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (3.8%) 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
TO WORK WITH ALL STAKEHOLDERS TO PROMOTE VIBRANT AND SUSTAINABLE COMPETITIVE RETAIL ENERGY MARKETS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
AS AN OUTGROWTH OF MONITORING, THE ASSOCIATION INTERVENES IN CASES BEFORE STATE PUBLIC UTILITY COMMISSIONS AND THE FEDERAL ENERGY REGULATORY COMMISSION (FERC).
THE ASSOCIATION HAS ESTABLISHED LOBBYING GROUPS WITH A STATE LOBBYIST WHO TRACKS ENERGY RESTRUCTURING ISSUES BEFORE THE STATE LEGISLATURE. MEMBERS ARE ASSESSED SEPARATE SPECIFIC FEES FOR LOBBYING. AT THE TIME THE SPECIFIC MEMBERS ARE ASSESSED, THEY ARE INFORMED THAT THE FEES ARE NON-DEDUCTIBLE.
THE ASSOCIATION HAS ESTABLISHED FEDERAL, REGIONAL AND STATE LEVEL MONITORING GROUPS WHICH RELY ON STATE PUBLIC UTILITY COMMISSION COUNSEL WHO TRACK ENERGY RESTRUCTURING ISSUES BEFORE THE STATE PUBLIC UTILITY COMMISSIONS AND THE FEDERAL ENERGY REGULATORY COMMISSION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gretchen Fuhr President | OfficerTrustee | 1 | $0 |
Clint Sandidge 1st Vice President | OfficerTrustee | 1 | $0 |
Trish Mcfadin Treasurer | OfficerTrustee | 1 | $0 |
Marsha Makel Secretary | OfficerTrustee | 1 | $0 |
Tracy Mccormick Executive Director | Officer | 40 | $0 |
Jeanine Albright Director Of Operations | Officer | 40 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Robinson & Cole Monitoring And Legal Services | 12/30/21 | $225,302 |
Eckert Seamans Monitoring And Legal Services | 12/30/21 | $160,489 |
Law Offices Of Gerry Fox Monitoring And Legal Services | 12/30/21 | $145,560 |
The Power Group Public Relations | 12/30/21 | $120,011 |
Bevan Mosca & Giuditta Pc Monitoring Lobbying And Legal Services | 12/30/21 | $143,000 |
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 | $1,992,758 |
| Investment income | $592 |
| 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 | $1,993,350 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $131,680 |
| Fees for services: Legal | $1,006,983 |
| Fees for services: Accounting | $9,762 |
| Fees for services: Lobbying | $505,372 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $70,353 |
| Advertising and promotion | $0 |
| Office expenses | $187,138 |
| Information technology | $22,000 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,182 |
| All other expenses | $395 |
| Total functional expenses | $1,935,865 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $281,429 |
| Savings and temporary cash investments | $922,213 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $60,151 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,263,793 |
| Accounts payable and accrued expenses | $229,058 |
| Grants payable | $0 |
| Deferred revenue | $455,798 |
| 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 | $0 |
| Total liabilities | $684,856 |
| Net assets without donor restrictions | $578,937 |
| 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 | $1,263,793 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Licking Rural Electrification Inc Newark, OH | $14,456,355 | $20,280,714 |
Holmes-Wayne Electric Cooperative Inc Millersburg, OH | $106,409,889 | $19,641,088 |
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 |
North Western Electric Cooperative Bryan, OH | $40,775,268 | $17,328,777 |
Frontier Power Company Coshocton, OH | $49,311,017 | $16,508,516 |
Darke Rural Electric Cooperative Inc Greenville, OH | $41,219,507 | $16,435,137 |
Adams Rural Electric Cooperative Inc West Union, OH | $40,089,293 | $17,363,278 |
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 |