North American Transmission Forum Inc

Organization Overview

North American Transmission Forum Inc is located in Charlotte, NC. The organization was established in 2009. 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 Transmission Forum Inc employed 28 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. North American Transmission Forum 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, North American Transmission Forum Inc generated $8.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.0% each year. All expenses for the organization totaled $7.7m during the year ending 12/2021. While expenses have increased by 5.4% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE FORUM'S MISSION IS TO PROMOTE EXCELLENCE IN THE RELIABLE OPERATION OF THE ELECTRIC TRANSMISSION SYSTEM.

Describe the Organization's Program Activity:

Part 3 - Line 4a

NATF PRACTICES: PEER DEVELOPMENT AND SHARING OF PRACTICES ON SPECIFIC TOPICS AS WELL AS COORDINATED PROJECTS FOCUSED ON IMPORTANT RELIABILITY TOPICS. NATF INITIATIVES: THE INITIATIVES FUNCTIONS LEVERAGE SUBJECT-MATTER EXPERTS, OFTEN IN A PROJECT LIKE FORMAT, TO PURSUE ACTIVITIES TO CLOSE RELIABILITY AND RESILIENCY GAPS OR OTHERWISE IMPROVE THE RELIABILITY AND RESILIENCY OF THE ELECTRIC TRANSMISSION SYSTEM. BIASED FOR ACTION, THE PRACTICES AND INITIATIVES FUNCTIONS COORDINATE, BOTH INSIDE AND OUTSIDE THE NATF MEMBERSHIP, TO COMPLETE TASKS AND PROJECTS TO IMPROVE RELIABILITY, OFTEN ACROSS MULTIPLE DISCIPLINES (FOR EXAMPLE, GMD ASPECTS OF THE PRACTICES AND INITIATIVES INCLUDING MODELING, OPERATOR TOOLS, TRAINING, VENDORS, ETC.). NATF ASSISTANCE PROGRAM IS TAILORED TO EACH ENTITY AS NEEDED TO PROMOTE OPERATIONAL EXCELLENCE AND CONTINUOUS IMPROVEMENT. ASSIST VISITS ARE SIMILAR TO PEER REVIEWS BUT VERY NARROW IN SCOPE, WITH A SMALLER FOOTPRINT, AND ARE MUCH MORE PRESCRIPTIVE IN NATURE (E.G., IMPROVING PROGRAMS AND DEFICIENCIES ON THE SPOT OR HELPING AN ENTITY EXECUTE AN ACTION PLAN). BOTH OF THESE FUNCTIONS HELP MEMBERS IDENTIFY POTENTIAL RISKS, RELIABILITY GAPS, OR IMPROVEMENT OPPORTUNITIES IN THEIR ORGANIZATIONS; IMPLEMENT SUPERIOR PRACTICES; AND LEVERAGE SUBJECT-MATTER EXPERTS, PRINCIPLES OF EXCELLENCE, AND COLLECTIVE MEMBER KNOWLEDGE IN VARIOUS AREAS.


KNOWLEDGE MANAGEMENT: INCLUDES INFORMATION SHARING AND METRICS PROGRAM WHICH DEFINES THE KIND OF TRANSMISSION EQUIPMENT PERFORMANCE INFORMATION FOR TRACKING AND DATA ANALYTICS. THIS ACTIVITY FURTHERS THE EXEMPT PURPOSE BY DEFINING THE PARTICULAR GOALS THAT MEMBERS SHOULD STRIVE TO ACHIEVE TO PROMOTE THE COMMON BUSINESS INTEREST AMONG ELECTRICAL TRANSMISSION OWNERS AND OPERATORS. THE NATF'S MEMBERS CONDUCT THIS ACTIVITY THROUGH THE ONLINE EXCHANGES AND PERSONAL MEETINGS.


PEER REVIEWS, ASSISTANCE & TRAINING: INCLUDES SELECTED EDUCATIONAL OFFERINGS FOR MEMBERS, FOCUSED AND TAILORED ASSISTANCE FOR SELECT TOPICS AND PEER REVIEWS. PEER REVIEWS: PEER REVIEWS PROVIDE STRUCTURED, CONFIDENTIAL EVALUATIONS OF HOST MEMBER PROGRAMS, PROCESSES, AND OPERATIONS TO PROMOTE EXCELLENCE IN RELIABLE, RESILIENT, AND SAFE TRANSMISSION OPERATIONS. NATF REVIEW TEAMS, COMPRISING OF MEMBER SUBJECT-MATTER EXPERTS AND NATF STAFF, VISIT A HOST FACILITY TO EVALUATE A BASE SET OF TECHNICAL AND CROSS-FUNCTIONAL TOPICS. PEER REVIEW TEAMS PREPARE A REPORT OF THEIR FINDINGS FOR THE HOST MEMBER, INCLUDING BOTH NOTEWORTHY POSITIVES AS WELL AS RECOMMENDATIONS FOR IMPROVEMENT. SELECTED TEAM FINDINGS ARE COMMUNICATED TO THE ENTIRE MEMBERSHIP TO FOSTER TIMELY AND CONTINUOUS IMPROVEMENT. PEER REVIEW ACTIVITIES INCLUDE ADVANCED SCHEDULING OF REVIEWS, TEAM FORMATION, DEVELOPMENT OF PROCESSES AND GUIDES, DEVELOPMENT AND EXECUTION OF TRAINING, ONSITE REVIEW EXECUTION, FOLLOW-UP WITH HOSTS REGARDING RECOMMENDATION STATUS, AND VARIOUS REPORTS TO COMMUNICATE SPECIFIC AND AGGREGATED FINDINGS. PEER REVIEWS IMPROVE TRANSMISSION RELIABILITY, SECURITY, AND RESILIENCY BY PROVIDING OBJECTIVE ASSESSMENTS OF THE HOST'S PERFORMANCE IN TARGETED AREAS(THROUGH OBSERVATIONS AND EVALUATIONS OF PROCEDURES AND PROCESSES), ENABLING SUBJECT-MATTER EXPERT NETWORKING AND SHARING OF EXPERIENCE, AND IDENTIFYING POTENTIAL VULNERABILITIES APPLICABLE TO THE ENTIRE MEMBERSHIP. IN ADDITION, IDENTIFIED NOTEWORTHY PRACTICES CAN BE CONSIDERED FOR USE AS NATF PRACTICES. THE NATF'S MEMBERS CONDUCT THIS ACTIVITY THROUGH ONLINE EXCHANGES AND PERSONAL MEETINGS.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
1923027 Ontario Inc
Consultant
$209,200
Jsg Enterprises Inc
Consultant
$139,000
View All Vendors

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$8,601,074
Investment income $144
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 $8,601,218

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