Transmission Access Policy Study Group Inc is located in Lafayette, LA. The organization was established in 2012. According to its NTEE Classification (U03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Science & Technology and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Transmission Access Policy Study Group 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, Transmission Access Policy Study Group Inc generated $894.0k 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 (5.7%) each year. All expenses for the organization totaled $946.3k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (2.1%) 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
TAPS IS A TRADE ASSOCIATION THAT PROVIDES A FORUM FOR ITS MEMBERS TO IDENTIFY COMMON ISSUES AND CHALLENGES AND ADVOCATE FOR COMMON GOALS, IN PARTICULAR FOR A ROBUST TRANSMISSION GRID AND COMPETITIVE WHOLESALE ELECTRIC RATES
Describe the Organization's Program Activity:
Part 3 - Line 4a
RESEARCH AND ACTIVITY BEFORE VARIOUS FEDERAL REGULATORY, ADVISORY, AND EDUCATIONAL ORGANIZATIONS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jane Cirrincione Chairman | OfficerTrustee | 2 | $0 |
Kevin Gaden Secretary | OfficerTrustee | 2 | $0 |
Dave Osburn Vice President | OfficerTrustee | 2 | $0 |
John Twitty Director | Trustee | 1 | $0 |
Tom Heller Director | Trustee | 1 | $0 |
Mike Peters Director | Trustee | 1 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Terry Huval Executive Director | 12/30/21 | $120,000 |
Spiegel & Mcdiarmid Legal & Lobbying | 12/30/21 | $550,075 |
Talley Associates Lobbying | 12/30/21 | $125,000 |
William Gallagher Policy & Research | 12/30/21 | $121,660 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $894,030 |
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 | $894,030 |
Total Program Service Revenue | $0 |
Investment income | $5 |
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 | $894,035 |
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 | $90,000 |
Fees for services: Legal | $499,934 |
Fees for services: Accounting | $13,750 |
Fees for services: Lobbying | $205,141 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $123,330 |
Advertising and promotion | $0 |
Office expenses | $5,432 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $5,340 |
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 | $2,669 |
All other expenses | $0 |
Total functional expenses | $946,297 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $135,648 |
Savings and temporary cash investments | $94,041 |
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 | $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 | $229,689 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
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 | $0 |
Net assets without donor restrictions | $229,689 |
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 | $229,689 |
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