Pennsylvania Municipal Electric Assoc is located in Hatfield, PA. The organization was established in 2011. According to its NTEE Classification (S46) the organization is classified as: Boards of Trade, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pennsylvania Municipal Electric Assoc 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, Pennsylvania Municipal Electric Assoc generated $439.9k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 36.7% each year . All expenses for the organization totaled $240.4k during the year ending 12/2021. While expenses have increased by 25.5% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PENNSYLVANIA MUNICIPAL ELECTRIC ASSOCIATION IS A TRADE ASSOCIATION REPRESENTING THE THIRTY-FIVE MUNICIPAL POWER SYSTEMS OF PENNSYLVANIA. ONE THIRD OF OUR EFFORTS ARE ON REGULATORY ISSUES, ONE THIRD ON MONITORING LEGISLATION AND ONE THIRD ON TECHNICAL ASSISTANCE FOR OUR MEMBERS. WE HAVE FEW PROJECTS OF FINANCIAL MEASURE, MOST RESOURCES ARE DEDICATED TO COMMUNICATION. OUR MAIN ACTIVITY IS OUR ANNUAL MEETING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE PURPOSES OF THE ASSOCIATION ARE: (1) TO PROMOTE COOPERATION BETWEEN, AND THE BETTERMENT OF, MUNICIPAL CORPORATIONS, STATE AGENCIES AND POLITICAL SUBDIVISIONS, OTHER PUBLIC OR QUASI-PUBLIC LOCAL, STATE AND FEDERAL CORPORATIONS, BODIES AND AGENCIES, COOPERATIVE ASSOCIATIONS, NON-PROFIT CORPORATIONS AND SIMILAR ORGANIZATIONS, DOMESTIC OR FOREIGN, THAT OWN, OPERATE, OR CONTROL ELECTRIC GENERATION, TRANSMISSIONS OR DISTRIBUTION FACILITIES (HEREAFTER "PUBLIC POWER SYSTEMS") OR ARE SPECIFICALLY AUTHORIZED BY LAW TO OWN OR OPERATE SUCH FACILITIES; (2) TO ASSIST PUBLIC AND/OR NON-PROFIT AGENCIES, FOUNDATIONS, COMMISSIONS, AUTHORITIES AND SIMILAR ORGANIZATIONS, DOMESTIC AND FOREIGN, ENGAGED IN PLANNING, COORDINATING OR ADMINISTRATING PROGRAMS RELATED TO THE DEVELOPMENT AND USE OF ELECTRIC POWER RESOURCES; (3) TO PROMOTE THE MUTUAL IMPROVEMENT AND COMMON PURPOSES OF THE PUBLIC POWER SECTOR OF THE ELECTRIC UTILITY INDUSTRY; AND (4) TO EDUCATE AND ASSIST THE PUBLIC POWER SECTOR OF THE ELECTRIC UTILITY INDUSTRY WITH PARTICULAR REGARD TO (A) MANAGEMENT AND OPERATION; (B) ENGINEERING, DESIGN, CONSTRUCTION, OPERATION AND RESEARCH; (C) ACCOUNTING AND COMMERCIAL PRACTICE; (D) PUBLIC POLICY; (E) PERSONNEL TRAINING; AND (F) SUCH OTHER MATTERS AS MAY BE COMMON TO, OR OF GENERAL INTEREST TO, PUBLIC POWER SYSTEMS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Diane Bosak Executive Di | Officer | 40 | $140,103 |
Andy Krauss Vice Preside | OfficerTrustee | 3 | $0 |
Nicole Beckett Treasurer | OfficerTrustee | 3 | $0 |
Jeffrey Stonehill President | OfficerTrustee | 3 | $0 |
Jaime Snyder Secretary | OfficerTrustee | 3 | $0 |
Bob Thompson Director | Trustee | 3 | $0 |
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 | $437,115 |
Investment income | $88 |
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 | $439,878 |
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 | $140,103 |
Fees for services: Legal | $48,888 |
Fees for services: Accounting | $4,450 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $3,500 |
Advertising and promotion | $0 |
Office expenses | $6,230 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $32,710 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $2,195 |
All other expenses | $0 |
Total functional expenses | $240,373 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $763,425 |
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 | $763,425 |
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 | $763,425 |
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 | $763,425 |
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