Florida Electric Power Coordinating Group
- Assets
- $2.2m
- Revenue
- $1.5m
- Investments
- $0.0
- Employees
- 1
- Location
- Tampa, FL
- Founding
- 05/1975
- Data as of
- 12/2022
- EIN
- 59-1488248
Organization Overview
Florida Electric Power Coordinating Group is located in Tampa, FL. The organization was established in 1975. According to its NTEE Classification (C35) the organization is classified as: Energy Resources Conservation & Development, under the broad grouping of Environment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Florida Electric Power Coordinating Group 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, Florida Electric Power Coordinating Group generated $1.5m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.2%) each year. All expenses for the organization totaled $1.4m during the year ending 12/2022. 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
THE COMPANY ASSISTS ITS MEMBERS IN IDENTIFYING AND PURSUING COLLABORATIVE OPPORTUNITIES TO WORK WITH LOCAL AND STATE AGENCIES, INDUSTRY ORGANIZATIONS, AND LEADING EXPERTS TO FIND SOLUTIONS TO THE INCREASING CHALLENGES OF POWER GENERATION AND DELIVERY IN FLORIDA. THE COMPANY ALSO PROVIDES REPRESENTATIVES OF LOCAL AND STATE GOVERNING AGENCIES, SPECIAL COMMISSIONS, AND THE LEGISLATURE WITH THE TIMELY, SPECIFIC, AND TECHNICAL INFORMATION NECESSARY FOR INFORMED POLICY AND REGULATORY DELIBERATIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FLORIDA ELECTRIC POWER COORDINATING GROUP IS AN UMBRELLA ORGANIZATION THAT REPRESENTS INVESTOR-OWNED UTILITIES, RURAL ELECTRIC COOPERATIVES, AND MUNICIPAL ELECTRIC UTILITIES ON ENVIRONMENTAL, TRANSPORTATION, AND MUTUAL AID ASSISTANCE ISSUES THAT AFFECT THE UTILITY INDUSTRY IN THE STATE OF FLORIDA. A FORUM FOR ITS MEMBERSHIP IS PROVIDED THAT FACILITATES THE ANALYSIS, DISCUSSION, AND DELIBERATION OF POLICY AND PROCEDURAL ISSUES AMONG MEMBER UTILITIES. ACCOMPLISHMENTS INCLUDE COORDINATING ENVIRONMENTAL ISSUES FOR MEMBERS AT THE STATE LEVEL, COORDINATING CERTAIN ENVIRONMENTAL ISSUES FOR MEMBERS AT THE NATIONAL LEVEL AND COORDINATING TRANSPORTATION ISSUES AT THE STATE LEVEL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Clint Bullock Chair | OfficerTrustee | 1 | $0 |
Jacob Williams Vice Chair | OfficerTrustee | 1 | $0 |
Melissa Seixas Secretary/treasurer | OfficerTrustee | 1 | $0 |
Michael Beckham Director | Trustee | 1 | $0 |
Anthony Carroll Director | Trustee | 1 | $0 |
Ray Crooks Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Gunster Yoakley & Stewart Pa Legal Services | 12/30/22 | $616,552 |
Open Access Technology International Technology Consulting | 12/30/22 | $392,287 |
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 | $1,516,389 |
| Investment income | $0 |
| 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 | $1,516,389 |
| 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. | $233,439 |
| 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 | $10,428 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $658,873 |
| Fees for services: Accounting | $16,101 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $412,119 |
| Advertising and promotion | $0 |
| Office expenses | $3,276 |
| Information technology | $2,503 |
| Royalties | $0 |
| Occupancy | $22,605 |
| Travel | $756 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $5,103 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,273 |
| All other expenses | $66,602 |
| Total functional expenses | $1,433,078 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,153,989 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $4,852 |
| 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 | $4,681 |
| 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 | $2,163,522 |
| Accounts payable and accrued expenses | $88,484 |
| Grants payable | $0 |
| Deferred revenue | $329,928 |
| 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 | $6,283 |
| Total liabilities | $424,695 |
| Net assets without donor restrictions | $1,738,827 |
| 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 | $2,163,522 |