National Hydropower Association Inc is located in Washington, DC. The organization was established in 1986. According to its NTEE Classification (C35) the organization is classified as: Energy Resources Conservation & Development, under the broad grouping of Environment and related organizations. As of 12/2023, National Hydropower Association Inc employed 21 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National Hydropower Association 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 12/2023, National Hydropower Association Inc generated $7.1m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 8.3% each year. All expenses for the organization totaled $6.7m during the year ending 12/2023. While expenses have increased by 8.9% per year over the past 9 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO CHAMPION WATER POWER AS A CLEAN, SUSTAINABLE ENERGY RESOURCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FACILITATING INDUSTRY CONNECTIONS- HOSTING THE WATER POWER WEEK IN WASHINGTON POLICY CONFERENCE TO CONNECT THE INDUSTRY WITH KEY LEGISLATIVE AND REGULATORY POLICY LEADERS - CONVENING CLEAN CURRENTS AS THE INDUSTRY'S ANNUAL TRADE SHOW AND CONFERENCE - HOSTING 4 REGIONAL MEETINGS
MEMBERSHIP - NHA'S MEMBERSHIP GREW TO RECORD LEVELS. EQUALLY IMPORTANT, MEMBERSHIP ENGAGEMENT YEAR OVER YEAR IS AT AN ALL-TIME HIGH.
PROMOTING POLICY IMPROVEMENTSNHA CONTINUED ITS EFFORTS TO CHAMPION ALL FORMS OF WATER POWER (INCLUDING TRADITIONAL HYDROPOWER, PUMPED STORAGE AND MARINE ENERGY) AS AMERICA'S PREMIER CARBON-FREE, FLEXIBLE, RENEWABLE ENERGY RESOURCE. NHA'S POLICY ADVOCACY ACCOMPLISHMENTS IN 2023 INCLUDE:- SECURING MILLION OF DOLLARS IN FEDERAL SUPPORT FOR THE WATERPOWER INDUSTRY THROUGH THE HYDROPOWER PRODUCTION INCENTIVES PROGRAM UNDER THE BIPARTISAN INFRASTRUCTURE LAW- SUCCESSFULLY INCORPORATING INDUSRY'S PRIORITIES IN TREASURY'S IMPLEMENTATION OF THE INFLATION REDUCTION ACT- ADVANCING LEGISLATIVE TAX PROVISIONS TO PRESERVE AND ENHANCE EXISTING HYDROPOWER DEVELOPMENT AND PUMPED STORAGE.- CONTINUING TO COLLABORATE WITH THE RIVER COMMUNITY, TRIBES, AND DAM SAFETY ADVOCATES THROUGH THE STANFORD "UNCOMMON DIALOGUE" PROCESS TO WORK TOGETHER TO ENHANCE HYDROPOWER AS AN ESSENTIAL PART OF A CLIMATE SOLUTION, WHILE ALSO ACCELERATING RIVER RESTORATION EFFORTS.- OBTAINING RECORD APPROPRIATIONS FOR DOE'S WATER POWER TECHNOLOGY OFFICE.
PROVIDING TECHNICAL INSIGHTS AND PUBLIC AFFAIRSPROVIDING TECHNICAL INSIGHTS AND PUBLIC AFFAIRS - TO PROVIDE MEMBERS INSIGHTS ABOUT TIMELY POLICY AND INDUSTRY DEVELOPMENTS, NHA'S TECHNICAL COMMITTEES MET REGULARLY THROUGHOUT THE YEAR, FACILITATED BEST PRACTICE EXCHANGES, AND HOSTED INFORMATIVE WEBINARS AND OTHER TRAINING SESSIONS. NHA TECHNICAL COMMITTEES INCLUDED THE HYDRAULIC POWER COMMITTEE (INCLUDING ITS OPERATIONAL EXCELLENCE PROGRAM AND DAM SAFETY SUBCOMMITTEE), THE MARINE ENERGY COMMITTEE, THE MARKETS COMMITTEE, THE SMALL HYDROPOWER COMMITTEE, THE WATERPOWER INNOVATION COUNCIL, AND THE CEO COUNCIL. NHA ALSO ACTED AS BOTH A VEHICLE FOR CONVEYING THE INDUSTRY'S MESSAGES TO KEY AUDIENCES AND AS A NATIONAL CLEARINGHOUSE FOR INFORMATION ABOUT HYDROPOWER AND RELATED ENERGY ISSUES. IN CONSULTATION WITH THE PUBLIC AFFAIRS COMMITTEE, NHA WORKED TO PROVIDE THE INDUSTRY'S PERSPECTIVE AND SHAPE NATIONAL AND REGIONAL PRESS; AND PARTNERED WITH VARIOUS ORGANIZATIONS TO PUBLICIZE NATIONAL HYDROPOWER DAY.NHA ALSO EXPANDED ITS DIGITAL AD CAMPAIGN AIMED AT EDUCATING YOUNGER AMERICANS ABOUT THE BENEFITS OF HYDROPOWER.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jay Anders Past Chair | OfficerTrustee | 2 | $0 |
Mike Haynes Chair | OfficerTrustee | 2 | $0 |
Sharon White Secretary | OfficerTrustee | 2 | $0 |
Thomas St John Treasurer | OfficerTrustee | 2 | $0 |
Carl Atkinson Director | Trustee | 2 | $0 |
Suzanne Biddle Director | Trustee | 2 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Bright Av Events Consultant | 12/30/23 | $299,240 |
Bully Pulpit Interactive Communications Consultant | 12/30/23 | $623,000 |
David James Group Marketing Consultant | 12/30/23 | $227,554 |
Sb Expos And Events Events Consultant | 12/30/23 | $200,017 |
Troutman Pepper Hamilton Sanders Llp Legal Consulting | 12/30/23 | $277,818 |
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 | $6,935,014 |
Investment income | $118,118 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | -$10,916 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $7,067,189 |
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. | $530,147 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $1,641,862 |
Pension plan accruals and contributions | $56,676 |
Other employee benefits | $138,826 |
Payroll taxes | $160,875 |
Fees for services: Management | $0 |
Fees for services: Legal | $144,107 |
Fees for services: Accounting | $176,544 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $1,087,202 |
Advertising and promotion | $680,814 |
Office expenses | $125,480 |
Information technology | $102,237 |
Royalties | $0 |
Occupancy | $126,572 |
Travel | $118,203 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $1,140,362 |
Interest | $80 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $26,548 |
Insurance | $15,050 |
All other expenses | $27,485 |
Total functional expenses | $6,652,957 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $114,065 |
Savings and temporary cash investments | $105,062 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $196,217 |
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 | $123,669 |
Net Land, buildings, and equipment | $40,514 |
Investments—publicly traded securities | $624,881 |
Investments—other securities | $2,424,428 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $902,382 |
Total assets | $4,531,218 |
Accounts payable and accrued expenses | $309,031 |
Grants payable | $0 |
Deferred revenue | $468,230 |
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 | $1,068,036 |
Total liabilities | $1,845,297 |
Net assets without donor restrictions | $2,685,921 |
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 | $4,531,218 |