National Utilities Diversity Council
- Assets
- $278.3k
- Revenue
- $287.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Los Angeles, CA
- Founding
- 04/2008
- Data as of
- 12/2022
- EIN
- 26-1261286
Organization Overview
National Utilities Diversity Council is located in Los Angeles, CA. The organization was established in 2008. According to its NTEE Classification (S40) the organization is classified as: Business & Industry, 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. National Utilities Diversity Council is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, National Utilities Diversity Council generated $287.6k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 6.1% each year. All expenses for the organization totaled $243.2k during the year ending 12/2022. While expenses have increased by 4.6% per year over the past 8 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO VOLUNTARILY ACT AS A RESOURCE THAT PROMOTES THE INCLUSION OF WOMEN, RACIAL AND ETHNIC MINORITIES AND SERVICE DISABLED VETERANS, AND OTHER ORGANIZED GROUPS THAT ADD TO THE DIVERSITY OF THE COUNCIL IN UTILITY CORPORATE GOVERNANCE, PHILANTHROPY, EMPLOYMENT, PROCUREMENT, LANGUAGE ACCESS AND CUSTOMER SERVICE; AND, TO PROMOTE DIVERSITY IN THE FEDERAL AND STATE GOVERNMENT THAT PERFORM RELATED REGULATORY TASKS WITH THE UTILITY COMPANIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DIVERSITY CONFERENCE & RECEPTIONS - ANNUAL NATIONAL CONFERENCE BRINGS TOGETHER LEADERS TO DISCUSS CURRENT STATE OF DIVERSITY, BOTH WORKFORCE AND SUPPLIER DIVERSITY; EXPLORATION OF TRENDS AND ACTIVITIES TO ENCOURAGE DIVERSITY. RECEPTIONS ARE INDEPENDENT EVENTS, THAT INVITE DIVERSITY LEADERS FROM REGULATION, CORPORATION, SMALL BUSINESS AND ASSOCIATIONS TO COME TOGETHER IN A SMALLER GROUP TO EXPLORE ADDITIONAL PROGRAMMATIC ACTIVITIES TO INVIGORATE DIVERSITY.
WEB TOOLKIT AND WEBINARS - ON-LINE WEB TOOLS THAT DISSEMINATE INFORMATION AND PROVIDES ON-GOING EDUCATION TO AID IN STRENGTHENING DIVERSITY EFFORTS. THESE TOOLS ARE MADE AVAILABLE TO THE PUBLIC FREE OF CHARGE.
PROGRAM DEVELOPMENT, RESEARCH, AND ADVOCACY - TRAVEL, PLUS ANY APPLICABLE CONFERENCE REGISTRATION FEES, FOR THE EXECUTIVE DIRECTOR, BOARD MEMBERS (WHO ARE SPEAKERS), AND OTHER KEY CONSTITUENTS TO ATTEND NATIONAL MEETINGS AND CONFERENCES TO REPRESENT NUDC PROGRAMMATIC EFFORTS AND TO BRING AWARENESS OF NUDC PROGRAMS TO KEY UTILITY PROVIDERS. RESEARCH (THROUGH PAID CONSULTANTS) TO DEVELOP CONCEPTS AND INFORMATION FOR DEPLOYMENT ACROSS WEB AND CONFERENCE RELATED OUTWARD FACING COMMUNICATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Daryl-Lynn Roberts Treasurer | OfficerTrustee | 1 | $0 |
Eva Tang Board Member | Trustee | 1 | $0 |
Harry Sideris Co Chair | OfficerTrustee | 1 | $0 |
Hon Kimberly O'guinn Co Chair | OfficerTrustee | 1 | $0 |
James W Niemiec Board Member | Trustee | 1 | $0 |
Keisha Parker Vice Chair | OfficerTrustee | 1 | $0 |
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 | $273,625 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $273,625 |
| Total Program Service Revenue | $13,950 |
| Investment income | $5 |
| 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 | $287,580 |
| 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. | $60,000 |
| Compensation of current officers, directors, key employees. | $8,600 |
| 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 | $61,082 |
| Fees for services: Legal | $5,879 |
| Fees for services: Accounting | $4,975 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $171 |
| Office expenses | $756 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $28,681 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $47,664 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,711 |
| All other expenses | $41 |
| Total functional expenses | $243,221 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $171,080 |
| Savings and temporary cash investments | $50,242 |
| Pledges and grants receivable | $47,416 |
| 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 | $9,586 |
| 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 | $278,324 |
| Accounts payable and accrued expenses | $12,885 |
| Grants payable | $0 |
| Deferred revenue | $7,425 |
| 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 | $20,310 |
| Net assets without donor restrictions | $258,014 |
| 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 | $278,324 |