National Association Of Regulatory Utility Commissioners
- Assets
- $13.2m
- Revenue
- $11.8m
- Investments
- $0.0
- Employees
- 56
- Location
- Washington, DC
- Founding
- 12/1940
- Data as of
- 06/2022
- EIN
- 53-0204609
Organization Overview
National Association Of Regulatory Utility Commissioners is located in Washington, DC. The organization was established in 1940. According to its NTEE Classification (W03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Public & Societal Benefit and related organizations. As of 06/2022, National Association Of Regulatory Utility Commissioners employed 56 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National Association Of Regulatory Utility Commissioners is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 06/2022, National Association Of Regulatory Utility Commissioners generated $11.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.0% each year. All expenses for the organization totaled $12.0m during the year ending 06/2022. While expenses have increased by 1.5% 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.
Since 2015, National Association Of Regulatory Utility Commissioners has awarded 68 individual grants totaling $6,154,626. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO SERVE THE PUBLIC INTEREST BY IMPROVING THE QUALITY AND EFFECTIVENESS OF PUBLIC UTILITY REGULATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATION, GRANTS AND RESEARCH - PURPOSE IS TO STUDY THE DEVELOPMENT OF DIVERSE ENERGY RESOURCES, INCLUDING CLEAN ENERGY; TO STUDY EMERGING ISSUES IN THE ELECTRIC POWER AND NATURAL GAS INDUSTRIES, INCLUDING COMPETITIVE MARKET FORCES, ENERGY SECURITY AND RESILIENCE, AND SYSTEM PLANNING AS IT RELATES TO GRID MODERNIZATION; TO EXCHANGE INFORMATION ABOUT NEW UTILITY COMMISSIONS IN DEVELOPING COUNTRIES WORLWIDE; AND TO FACILITATE TRAINING AND CONSULTING SUPPORT TO STATE COMMISSIONS.
POLICY DEVELOPMENT - PURPOSE IS TO PROVIDE STAFF SUPPORT AND GUIDANCE TO ITS COMMITTESS RESPONSIBLE FOR DEVELOPING THE ASSOCIATION'S POLICY POSITIONS ON ISSUES INVOLVED IN THE REGULATION OF TELECOM, ENERGY AND WATER UTILITIES. THESE POLICY POSITIONS ARE SUBSEQUENTLY ADOPTED BY THE NARUC BOARD OF DIRECTORS TO REPRESENT THE CONSENSUS VIEWS OF NARUC'S MEMBERSHIP.
GOVERNMENT AFFAIRS - PURPOSE IS TO ASSIST ITS PRINCIPAL MEMBERS, STATE REGULATORY AGENCIES ENGAGED IN THE REGULATION OF PUBLIC UTILITIES, AS A LIAISON TO AND ADVOCATE BEFORE THE U.S. CONGRESS, AGENCIES AND FEDERAL COURTS.
MEETINGS - PURPOSE IS TO PROMOTE THE STUDY AND DISCUSSION OF MEANS TO MAKE PUBLIC UTILITIES AND CARRIERS MORE RESPONSIVE TO THE NEEDS OF THE PUBLIC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Judith W Jagdmann President | OfficerTrustee | 5 | $0 |
Michael A Caron First Vice President | OfficerTrustee | 5 | $0 |
Julie Fedorchak Second Vice President | OfficerTrustee | 5 | $0 |
Tonola Brown-Bland Treasurer | OfficerTrustee | 5 | $0 |
Brandon Presley Past President | Trustee | 1 | $0 |
John W Betkoski III Past President | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
The Cadmus Group Llc Consulting Services | 6/29/22 | $211,430 |
Alliance Staffing Outsourced Cfo Services | 6/29/22 | $208,680 |
Converge Strategies Llc Consulting Services | 6/29/22 | $244,923 |
Gina George Accounting Services | 6/29/22 | $120,079 |
Meister Consulting Group Consulting Services | 6/29/22 | $213,093 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $7,796,400 |
| 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 | $7,796,400 |
| Total Program Service Revenue | $3,476,229 |
| Investment income | $214,270 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $279,278 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $11,786,093 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,233,824 |
| Grants and other assistance to domestic individuals. | $32,333 |
| Grants and other assistance to Foreign Orgs/Individuals | $450,063 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $684,044 |
| Compensation of current officers, directors, key employees. | $338,935 |
| Compensation to disqualified persons | $25,396 |
| Other salaries and wages | $4,957,570 |
| Pension plan accruals and contributions | $202,842 |
| Other employee benefits | $725,254 |
| Payroll taxes | $411,621 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,610 |
| Fees for services: Accounting | $109,045 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $60,101 |
| Fees for services: Other | $725,449 |
| Advertising and promotion | $0 |
| Office expenses | $108,864 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $669,017 |
| Travel | $336,594 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $680,489 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $119,762 |
| Insurance | $0 |
| All other expenses | $17,280 |
| Total functional expenses | $12,028,638 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $935,605 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $2,060,848 |
| Accounts receivable, net | $225,440 |
| 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 | $94,034 |
| Net Land, buildings, and equipment | $335,098 |
| Investments—publicly traded securities | $9,482,141 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $89,539 |
| Total assets | $13,222,705 |
| Accounts payable and accrued expenses | $1,881,682 |
| Grants payable | $0 |
| Deferred revenue | $408,722 |
| 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 | $1,100,240 |
| Other liabilities | $934,621 |
| Total liabilities | $4,325,265 |
| Net assets without donor restrictions | $8,781,273 |
| Net assets with donor restrictions | $116,167 |
| 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 | $13,222,705 |
Grants Awarded
Over the last fiscal year, National Association Of Regulatory Utility Commissioners has awarded $1,233,824 in support to 19 organizations.
| Grant Recipient | Amount |
|---|---|
BCS LLC PURPOSE: NARUC CLEAN COAL AND CARBON MANAGEMENT WHITE PAPER ON COAL-TO-HYDROGEN OPPORTUNITIES AND CHALLENGES | $40,124 |
CONVERGE STRATEGIES LLC PURPOSE: SUPPORT FOR THE EMERGENCY PREPAREDNESS, RECOVERY, AND RESILIENCY TASK FORCE AND RELATED ACTIVITIES | $264,056 |
ENERGY MARKET GROUP INC PURPOSE: ADVANCING WOMEN LEADERS IN ENERGY; MID-CAREER LEADERSHIP TRAINING AND HUMAN RESOURCES ORGANIZATIONAL SUPPORT | $88,871 |
EPOCH ENERGY ADVISORY SERVICES LLC PURPOSE: DEVELOPING AN ANALYSIS OF WHOLESALE MARKET DEVELOPMENT FOR MONGOLIA | $19,008 |
ENERGY VENTURES ANALYSIS INC PURPOSE: "WHITE PAPER ON NUCLEAR ENERGY AS A KEYSTONE CLEAN ENERGY RESOURCE | $58,040 |
ESTA INTERNATIONAL PURPOSE: TECHNICAL ASSISTANCE TO ANALYZE COMPETITION IN THE CENTRAL AMERICAN REGIONAL ELECTRICITY MARKET (MER) FROM 2017-2020 AND RECOMMENDED CORRECTIVE MEASURES | $7,125 |