Smart Electric Power Alliance
- Assets
- $18.6m
- Revenue
- $11.4m
- Investments
- $3.7m
- Employees
- 61
- Location
- Washington, DC
- Founding
- 03/2007
- Data as of
- 12/2021
- EIN
- 52-1794095
Organization Overview
Smart Electric Power Alliance is located in Washington, DC. The organization was established in 2007. According to its NTEE Classification (C35) the organization is classified as: Energy Resources Conservation & Development, under the broad grouping of Environment and related organizations. As of 12/2021, Smart Electric Power Alliance employed 61 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Smart Electric Power Alliance 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 12/2021, Smart Electric Power Alliance generated $11.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.3% each year. All expenses for the organization totaled $8.9m during the year ending 12/2021. While expenses have increased by 4.8% 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
SEPA'S VISION IS A CARBON-FREE ENERGY SYSTEM BY 2050. SEPA'S MISSION IS TO FACILITATE THE ELECTRIC POWER INDUSTRY'S SMART TRANSITION TO A CLEAN AND MODERN ENERGY FUTURE THROUGH EDUCATION, RESEARCH, STANDARDS, AND COLLABORATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FEE-BASED SERVICES - EDUCATION AND OUTREACH - SEPA PROVIDES ELECTRIC UTILITIES AND INDUSTRY STAKEHOLDERS WITH MARKET, BUSINESS, REGULATORY AND TECHNICAL INTELLIGENCE ON HOW THE ELECTRICITY SECTOR TRANSFORMATION WILL AFFECT THEM AND HELP CREATE A ROADMAP FOR FUTURE SUCCESS. THIS INCLUDES UTILITY SCALE AND DISTRIBUTED ENERGY RESOURCES INCLUDING SOLAR, DERS, DEMAND FLEXIBILITY, ENERGY STORAGE AND THE ELECTRIFICATION OF TRANSPORTATION, BUILDINGS AND INDUSTRY SECTORS. SEPA DELIVERS THIS INFORMATION THROUGH A VARIETY OF PUBLIC AND MEMBER VENUES. EDUCATION PROGRAMS INCLUDE ON-SITE AND VIRTUAL CONFERENCES FEATURING PEER-TO-PEER LEARNING, WORKSHOPS, MONTHLY WEBINARS, UTILITY STAFF TRAINING, DOMESTIC AND INTERNATIONAL FACT-FINDING MISSIONS AND COHORTS FOR INDUSTRY EXECUTIVES. SEPA LEADS THE DISCUSSION OF BUSINESS AND TECHNOLOGY TRENDS THROUGH A VARIETY OF MULTIMEDIA PLATFORMS, INCLUDING SEPA TV, REPORTS, ARTICLES IN INDUSTRY PUBLICATIONS, BLOGS, WHITE PAPERS AND ISSUE BRIEFS. SEPA RECOGNIZES UTILITY AND INDUSTRY INNOVATION AND ACHIEVEMENT THROUGH THE SEPA POWER PLAYERS AWARDS AND HAS LAUNCHED SEPA+ AS A PLATFORM TO EDUCATE UTILITY STAFF AND THOSE IN THE UTILITY VALUE CHAIN WHEREVER THEY HAVE AN INTERNET CONNECTION.
MEMBER SERVICES - SEPA MEMBERS ARE CREATING THE FUTURE OF THE ENERGY INDUSTRY. THE COMMITMENT TO A CARBON-FREE ENERGY SYSTEM BY 2050 IS BEING EMBRACED BY STAKEHOLDERS ACROSS THE ELECTRICITY SECTOR. UTILITIES, SOLUTION PROVIDERS, REGULATORS, LARGE ENERGY USERS, ISO/RTOS, GOVERNMENT, EDUCATION AND THE NONPROFIT COMMUNITY ALL HAVE A VOICE IN THIS DYNAMIC AND CHANGING ENERGY SECTOR. SEPA IS AN EDUCATIONAL NONPROFIT THAT PROVIDES A UNIQUE AND TRUSTED PLATFORM TO HELP OUR DIVERSE MEMBERSHIP WITH THEIR SMART TRANSITION TO A CLEAN AND MODERN GRID. SEPA DOES NOT LOBBY OR TAKE POSITIONS ON ISSUES. INSTEAD SEPA IS COMMITTED TO PROVIDING A PLATFORM FOR COLLABORATION, UNBIASED INFORMATION AND THE REAL DISCUSSIONS NEEDED TO MOVE THE INDUSTRY FORWARD. 1200 MEMBERS, INCLUDING 720 UTILITIES FROM AROUND THE COUNTRY RELY ON SEPA FOR THEIR ENERGY TRANSITION. SEPA FOCUSES OUR EFFORTS ON THREE PATHWAYS: ELECTRIFICATION, GRID INTEGRATION AND REGULATORY AND BUSINESS INNOVATION. SEPA ALSO FUNDS THE UTILITY TRANSFORMATION CHALLENGE TO GIVE THE INDUSTRY A BENCHMARK AS TO PROGRESS AND IDENTIFY WHERE EFFORT CAN MAKE THE GREATEST IMPACT.
CUSTOM ENGAGEMENTS - RESEARCH AND STRATEGY. SEPA PRODUCES TAILORED RESEARCH, SOLUTIONS AND FACILITATION DESIGNED TO HELP ELECTRIC UTILITIES AND OTHER ENERGY INDUSTRY PARTICIPANTS MAKE INFORMED BUSINESS DECISIONS AND DEAL WITH THE COMPLEX CHALLENGES FACING THEM TODAY AND TOMORROW. TOPICS INCLUDE: THE CHANGING NATURE OF THE RELATIONSHIP BETWEEN THE UTILITY AND ITS CUSTOMERS, STAKEHOLDER ENGAGEMENT FACILITATION, PROGRAM DESIGN, MULTI-CLIENT FUNDED INITIATIVES AND PROJECTS AND A WIDE RANGE OF TECHNICAL AND STRATEGIC ISSUES RELATED TO AN INCREASINGLY DECENTRALIZED AND "INTELLIGENT" ELECTRIC GRID, AS WELL AS A COLLABORATIVE ELECTRIC ECOSYSTEM THAT IS CLEAN, SAFE, AFFORDABLE, RELIABLE, RESILIENT AND EQUITABLE FOR ALL STAKEHOLDERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Director (unitl 7/2021) | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Raffa Pc Accounting Services | 12/30/16 | $246,037 |
Cloud Sherpas It Consulting | 12/30/16 | $154,578 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,487,001 |
| 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 | $1,487,001 |
| Total Program Service Revenue | $8,148,961 |
| Investment income | $288,795 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $157,217 |
| Net Gain/Loss on Asset Sales | $191,385 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $11,424,998 |
| 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. | $1,222,813 |
| Compensation of current officers, directors, key employees. | $475,608 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,717,916 |
| Pension plan accruals and contributions | $105,536 |
| Other employee benefits | $354,439 |
| Payroll taxes | $400,251 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $58,902 |
| Fees for services: Accounting | $37,034 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $56,499 |
| Fees for services: Other | $196,465 |
| Advertising and promotion | $8,503 |
| Office expenses | $67,738 |
| Information technology | $306,794 |
| Royalties | $0 |
| Occupancy | $604,733 |
| Travel | $29,154 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $81,319 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $54,363 |
| Insurance | $29,808 |
| All other expenses | $45,174 |
| Total functional expenses | $8,912,974 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $332,197 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $379,581 |
| 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 | $173,458 |
| Net Land, buildings, and equipment | $95,962 |
| Investments—publicly traded securities | $12,315,537 |
| Investments—other securities | $3,747,761 |
| Investments—program-related | $100,000 |
| Intangible assets | $0 |
| Other assets | $1,474,106 |
| Total assets | $18,618,602 |
| Accounts payable and accrued expenses | $1,007,376 |
| Grants payable | $0 |
| Deferred revenue | $2,289,953 |
| 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 | $1,076,943 |
| Total liabilities | $4,374,272 |
| Net assets without donor restrictions | $14,244,330 |
| 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 | $18,618,602 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Smart Electric Power Alliance has recieved totaling $79,015.
| Awarding Organization | Amount |
|---|---|
E4thefuture Framingham, MA PURPOSE: FUNDING TO SUPPORT 10-MONTH COLLABORATIVE PROGRAM WITH SEVEN UTILITIES ACROSS THE U.S THAT WILL BRING TOGETHER UTILITIES, EV CHARGING PROVIDERS, LOCAL COMMUNITY ORGANIZATIONS, AND LOW- AND MODERATE-INCOME (LMI) CUSTOMERS TO EVALUATE THE EFFICACY AND EQUITABILITY OF TRADITIONAL TRANSPORTATION ELECTRIFICATION PROGRAM DESIGN ELEMENTS | $42,000 |
Electric Power Research Institute Inc Palo Alto, CA PURPOSE: CONTRIBUTION | $37,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $15 |
Endowment Analysis
| Beg. Balance | $4,252,873 |
| Earnings | $19,809 |
| Ending Balance | $4,272,682 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Solar Energy Industries Association Inc Washington, DC | $18,099,333 | $20,516,160 |
Clasp Washington, DC | $15,465,717 | $16,877,815 |
Environmental Working Group Washington, DC | $14,685,158 | $16,093,379 |
Smart Electric Power Alliance Washington, DC | $18,618,602 | $11,424,998 |
Citizens For Responsible Energy Solutions Inc Washington, DC | $4,760,375 | $5,691,548 |
Urban Sustainability Directors Network Washington, DC | $14,958,599 | $9,810,102 |
National Hydropower Association Inc Washington, DC | $4,290,027 | $5,771,967 |
Institute For Market Transformation Inc Washington, DC | $5,588,466 | $5,620,018 |
Solar United Neighbors Washington, DC | $7,152,492 | $9,177,956 |
Renewable Energy Wildlife Institute Washington, DC | $5,884,881 | $3,402,247 |
Coalition For Green Capital Washington, DC | $1,092,509 | $2,755,500 |
Groundswell Inc Washington, DC | $2,597,628 | $3,324,609 |