Americas Power
- Assets
- $5.6m
- Revenue
- $3.1m
- Investments
- $0.0
- Employees
- 2
- Location
- Arlington, VA
- Founding
- 04/1994
- Data as of
- 12/2022
- EIN
- 52-1799853
Organization Overview
Americas Power is located in Arlington, VA. The organization was established in 1994. According to its NTEE Classification (W80) the organization is classified as: Public Utilities, under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2022, Americas Power employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Americas Power 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 12/2022, Americas Power generated $3.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (20.1%) each year. All expenses for the organization totaled $3.5m during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (17.8%) per year over the past 8 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
ADVOCATES FOR POLICIES THAT PROMOTE ENVIRONMENTAL IMPROVEMENT, ECONOMIC GROWTH, AND RELIABLE ENERGY SUPPLIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ENVIRONMENTAL REFORM: LEGISLATION, REGULATIONS, AND POLICIES (FEDERAL, REGIONAL, STATE) TO REDUCE CARBON EMISSIONS; CCUS; REPEAL OF THE CLEAN POWER PLAN; FEDERAL ENERGY REGULATORY COMMISSION ("FERC") CARBON POLICIES; AND OTHER ENVIRONMENTAL ISSUES THAT COULD HAVE A SIGNIFICANT IMPACT ON THE COAL FLEET.
GRID TRANSITION: ADVOCATE TO PUBLIC UTILITY COMMISSIONERS, OTHER STATE OFFICIALS, GRID OPERATORS, FERC, NORTH AMERICAN ELECTRIC RELIABILITY CORPORATION ("NERC"), CONGRESS, AND OTHER STAKEHOLDERS ABOUT THE NEED TO AVOID PROBLEMS AS THE ELECTRICITY RESOURCE MIX CHANGES.
THOUGHT LEADERSHIP: AMERICA'S POWER PROVIDES INFORMATION AND ANALYSIS TO EDUCATE THE PUBLIC AND MEDIA THROUGH VARIOUS PLATFORMS, INCLUDING EARNED AND DIGITAL MEDIA, REGARDING THE IMPORTANCE OF THE COAL FLEET, ITS ENVIRONMENTAL PERFORMANCE, AND THE ROLE IT PLAYS IN ENSURING A RESILIENT AND RELIABLE ELECTRIC GRID. AMERICA'S POWER OUTREACH INVOLVES BOTH NATIONAL AND REGIONAL ACTIVITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michelle Bloodworth CEO & President | Officer | 40 | $803,262 |
Paul Bailey Chief Policy Officer | 40 | $480,000 | |
Michael Sansone Dir,policy Research & Analysis | 40 | $146,192 | |
Matthew Babcock Director | Trustee | 1 | $0 |
Bob Berry Chairman | OfficerTrustee | 1 | $0 |
Brent Bilsland Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Cogent Strategies Llc Consulting Services | 12/30/22 | $269,490 |
Van Ness Feldman Legal Services | 12/30/22 | $205,055 |
Vantageknight Consulting Services | 12/30/22 | $204,000 |
Dci Group Llc Consulting Services | 12/30/22 | $201,000 |
Hunton Andrews Kurth Llp Legal Services | 12/30/22 | $187,360 |
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 | $3,029,833 |
| Investment income | $36,088 |
| 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 | $3,065,921 |
| 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. | $851,455 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $146,190 |
| Pension plan accruals and contributions | $10,121 |
| Other employee benefits | $21,674 |
| Payroll taxes | $35,757 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $33,284 |
| Fees for services: Accounting | $107,572 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $36,084 |
| Information technology | $86,895 |
| Royalties | $0 |
| Occupancy | $32,891 |
| Travel | $42,551 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $48,803 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,785 |
| Insurance | $34,967 |
| All other expenses | $0 |
| Total functional expenses | $3,477,756 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $5,448,658 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $75,857 |
| 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 | $42,850 |
| Net Land, buildings, and equipment | $26,159 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $11,100 |
| Total assets | $5,604,624 |
| Accounts payable and accrued expenses | $168,503 |
| Grants payable | $0 |
| Deferred revenue | $287,500 |
| 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 | $3,893 |
| Total liabilities | $459,896 |
| Net assets without donor restrictions | $5,144,728 |
| 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 | $5,604,624 |