Northeast Public Power Association
- Assets
- $3.1m
- Revenue
- $2.6m
- Investments
- $0.0
- Employees
- 18
- Location
- Littleton, MA
- Founding
- 06/1969
- Data as of
- 12/2021
- EIN
- 04-2440855
Organization Overview
Northeast Public Power Association is located in Littleton, MA. The organization was established in 1969. 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 12/2021, Northeast Public Power Association employed 18 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Northeast Public Power Association 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, Northeast Public Power Association generated $2.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.1% each year. All expenses for the organization totaled $2.4m during the year ending 12/2021. While expenses have increased by 2.3% 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
TO DEVELOP AND UNITE PUBLIC UTILITY PROFESSIONALS BY ADVANCING THEIR KNOWLEDGE, CAPABILITIES, AND VOICE IN THE INDUSTRY AND WORKPLACE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATION AND TRAINING
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bonnie Biocchi Executive Di | 37.5 | $160,793 | |
William Hesson Trainer | 16.62 | $115,661 | |
Elizabeth Dailey Director Of | 37.5 | $102,995 | |
Jonathan Blair Treasurer | OfficerTrustee | 1 | $0 |
Michael Cloutier Secretary | OfficerTrustee | 1 | $0 |
Nicholas Lawler President | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $788,052 |
| 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 | $788,052 |
| Total Program Service Revenue | $1,711,892 |
| Investment income | $52,712 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $29,023 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,606,605 |
| 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 | $160,793 |
| Other salaries and wages | $835,436 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $90,898 |
| Payroll taxes | $79,985 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $5,983 |
| Fees for services: Accounting | $13,800 |
| Fees for services: Lobbying | $90,000 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $10,376 |
| Fees for services: Other | $155,970 |
| Advertising and promotion | $1,593 |
| Office expenses | $162,956 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $173,299 |
| Travel | $101,403 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $72,017 |
| Insurance | $41,596 |
| All other expenses | $46,194 |
| Total functional expenses | $2,384,806 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $199,862 |
| Savings and temporary cash investments | $526,207 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $311,298 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $5,472 |
| Prepaid expenses and deferred charges | $78,298 |
| Net Land, buildings, and equipment | $304,465 |
| Investments—publicly traded securities | $1,560,438 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $155,603 |
| Total assets | $3,141,643 |
| Accounts payable and accrued expenses | $56,604 |
| Grants payable | $0 |
| Deferred revenue | $53,607 |
| 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 | $223,522 |
| Total liabilities | $333,733 |
| Net assets without donor restrictions | $2,807,910 |
| 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 | $3,141,643 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Steuben Rural Electric Cooperative Inc Bath, NY | $38,467,203 | $11,402,118 |
Griffiss Utility Services Corporation Rome, NY | $55,633,471 | $10,494,870 |
Otsego Electric Cooperative Inc Hartwick, NY | $49,068,805 | $10,412,060 |
Delaware County Electric Cooperative Inc Delhi, NY | $31,160,673 | $9,563,968 |
Washington Electric Co-Operative Inc East Montpelier, VT | $65,071,467 | $7,723,306 |
Citizens Energy Corp Boston, MA | $91,449,217 | $4,368,479 |
Oneida-Madison Electric Cooperative Inc Bouckville, NY | $7,515,717 | $2,856,346 |
Boston Community Access & Programming Foundation Inc Roxbury, MA | $7,302,849 | $3,314,790 |
Northeast Public Power Association Littleton, MA | $3,141,643 | $2,606,605 |
South Central Connecticut Regional Water Authority Retired Employees New Haven, CT | $9,882,631 | $2,331,920 |
Independent Power Producers Of New York Inc Albany, NY | $2,361,660 | $1,877,380 |
New England Power Generators Association Inc Westborough, MA | $833,586 | $1,566,455 |