2023-11-06T14:22:59-06:00 2022-12-31 571157523 APRIO LLP 111 ROCKVILLE PIKE SUITE 600 ROCKVILLE MD 20850 990 2022-01-01 521794095 SMART ELECTRIC POWER ALLIANCE SMAR 2028570898 1800 M STREET NW FRONT 1 33159 WASHINGTON DC 20036 SHERI GIVENS PRESIDENT & CEO 2028570898 2023-11-06 1 SHERI GIVENS 999009999 0 STACY CULLEN P00974308 3012316200 2023-11-06 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z SHERI GIVENS 1800 M STREET NW FRONT 1 33159 WASHINGTON DC 20036 25465293 0 X WWW.SEPAPOWER.ORG X 1992 DC SEPA WORKS WITH ENERGY STAKEHOLDERS TOWARDS CARBON FREE ENERGY. 22 22 73 22 0 0 1487001 548666 8148961 14870184 480180 491178 1151639 416591 11267781 16326619 0 0 0 0 6800955 7016456 0 0 0 1915554 2903955 8716509 9920411 2551272 6406208 18618602 24338371 4374272 5743282 14244330 18595089 TO ACCELERATE THE TRANSFORMATION TO A CARBON-FREE ELECTRICITY SECTOR THROUGH ACTIONABLE SOLUTIONS. 0 0 2519584 1977697 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 THEIR SPECIFIC ORGANIZATION TODAY AND TOMORROW. 1924755 11935307 MEMBER SERVICES - SEPA MEMBERS ARE CREATING THE FUTURE OF THE ENERGY INDUSTRY. THE COMMITMENT TO A CARBON-FREE ENERGY SYSTEM IS BEING EMBRACED BY STAKEHOLDERS ACROSS THE ELECTRICITY SECTOR. UTILITIES, TECHNOLOGY PROVIDERS, INDUSTRY, REGULATORS, LARGE ENERGY USERS, STATE ENERGY OFFICES, GOVERNMENT, CONSUMER ADVOCATES, ACADEMIA 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 CARBON-FREE ENERGY SYSTEM. SEPA DOES NOT LOBBY OR TAKE POSITIONS ON ISSUES. INSTEAD WE PROVIDE A PLATFORM FOR COLLABORATION, UNBIASED INFORMATION AND THE REAL DISCUSSIONS NEEDED TO MOVE THE INDUSTRY FORWARD. 1596873 957180 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 ONSITE AND VIRTUAL CONFERENCES FEATURING PEER-TO-PEER LEARNING, WORKSHOPS, WEBINARS, UTILITY STAFF TRAINING, DOMESTIC AND INTERNATIONAL FACT-FINDING MISSIONS AND COHORTS FOR INDUSTRY EXECUTIVES. 6041212 1 1 0 0 0 0 0 0 0 1 1 1 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 24 0 1 73 1 0 0 0 0 0 0 0 0 0 0 0 0 X 22 22 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 0 0 X SHERI GIVENS PRES CEO 2028570898 1800 M ST NW FRONT 1 33159 WASHINGTON DC 20036 JULIA HAMM PRESIDENT & CEO (UNTIL 11/2022) 40.00 X 583770 0 19889 CHRISTOPHER SCHRODEDER VP, INDUSTRY SOLUTIONS & ADVISORY 40.00 X 258206 0 18497 BETH EAGLE VP OF OPERATIONS 40.00 X 220065 0 15796 ADAM WASSERMAN VP MEMBERSHIP & MARKETING 40.00 X 210177 0 18614 COURTNEY GALATIOTO CHIEF OF STAFF & STRATEGIC P'SHIP 40.00 X 180892 0 12363 AARON SMALLWOOD VP RESEARCH & INSUSTRY STRATEGY 40.00 X 172987 0 15462 SHARON ALLAN CHIEF STRATEGY OFCR (UNTIL 5/2022) 40.00 X 189843 0 8258 KENNETH DOYLE COO (UNTIL 6/2022) 40.00 X 138814 0 4269 SHERI GIVENS PRESIDENT & CEO (FROM 11/2022) 40.00 X 60769 0 0 ALICE JACKSON CHAIR 1.00 X X 0 0 0 PAUL LAU CHAIR-ELECT 1.00 X X 0 0 0 HANNAH BASCOM NOMINATING COMMITTEE CHAIR 1.00 X 0 0 0 JIM ALBERTS EXECUTIVE COMMITTEE 1.00 X 0 0 0 SETH FRADER- THOMPSON TREASURER 1.00 X X 0 0 0 ADRIAN TUCK SECRETARY 1.00 X X 0 0 0 CAROLINE CHOI DIRECTOR 1.00 X 0 0 0 LINDA FERRONE DIRECTOR 1.00 X 0 0 0 JOE HOAGLAND DIRECTOR 1.00 X 0 0 0 CHRIS KING DIRECTOR 1.00 X 0 0 0 PETER MUHORO DIRECTOR 1.00 X 0 0 0 GARY RACKLIFFE DIRECTOR 1.00 X 0 0 0 CARLOS RESTREPO DIRECTOR 1.00 X 0 0 0 CHRIS ROE DIRECTOR 1.00 X 0 0 0 CAROLINE WINN DIRECTOR 1.00 X 0 0 0 AUDREY ZIBELMAN DIRECTOR 1.00 X 0 0 0 JEFF GULDNER DIRECTOR 1.00 X 0 0 0 MARI MCCLURE DIRECTOR 1.00 X 0 0 0 MELISSA LAVINSON DIRECTOR 1.00 X 0 0 0 MUFFI GHADIALI DIRECTOR 1.00 X 0 0 0 SCOTT HARDEN DIRECTOR 1.00 X 0 0 0 BRYAN MANNEGAN DIRECTOR 1.00 X 0 0 0 2015523 0 113148 18 0 1 0 RUSSELL REYNOLDS ASSOCIATES INC 1700 NEW YORK AVENUE NW SUITE 400 WASHINGTON DC 20006 LEADERSHIP ADVISORY SERVICES 187816 1 548666 548666 SOLAR ENERGY TRADE SHOWS 900099 9848048 9848048 MEMBERSHIP DUES 541900 2087259 2087259 CONSULTING 541900 1977697 1977697 REGISTRATIONS 541900 625389 625389 SPONSORSHIPS 541900 330000 330000 1791 1791 14870184 475324 475324 377320 0 377320 377320 377320 9152578 1950 9138674 0 13904 1950 15854 15854 MISCELLANEOUS INCOME 900099 39271 39271 39271 16326619 14870184 0 907769 1005613 588730 416883 5121493 2998342 2123151 57598 33720 23878 405264 237258 168006 426488 249684 176804 13044 9592 3452 56831 41789 15042 60989 60989 615410 452527 162883 28666 28666 101733 35740 65993 265093 190985 74108 651393 350561 300832 312075 262504 49571 488489 401547 86942 49840 17510 32330 43077 15134 27943 PROFESSIONAL DEVELOPMEN 102135 56256 45879 TEMPORARY LABOR 79054 58130 20924 PAYROLL PROCESSING FEES 28871 10143 18728 DUES AND SUBSCRIPTIONS 5477 1924 3553 1778 470 1308 9920411 6041212 3879199 0 332197 919217 379581 322732 173458 282062 2455630 2346849 95962 108781 12315537 14197973 3747761 5588112 100000 100000 1474106 2819494 18618602 24338371 1007376 917523 2289953 1288161 1076943 3537598 4374272 5743282 X 14244330 18595089 14244330 18595089 18618602 24338371 6406208 -2055449 0 X 0 1 X 1 0 X 755090 323627 1179581 1487001 548666 4293965 8960235 9275430 4931927 8945970 14870184 46983746 9715325 9599057 6111508 10432971 15418850 51277711 0 0 0 51277711 262472 349563 241941 288795 475324 1618095 262472 349563 241941 288795 475324 1618095 5335 152822 3724 1151639 39271 1352791 9983132 10101442 6357173 11873405 15933445 54248597 0.94520 0.94420 0.02980 0.03000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4272682 450417 4723099 4252873 19809 4272682 5062506 -809633 4252873 4848010 214496 5062506 4314006 534004 4848010 1.00000 0.00000 0.00000 0 0 995953 961958 33995 1459677 1384891 74786 108781 CERTIFICATES OF DEPOSITS 5588112 F 5588112 EMPLOYEE RETENTION CREDIT RECEIVABLE 1129968 DEPOSITS 54427 DEFERRED SUBLEASE RENT 299163 RIGHT-OF-USE ASSET 1335936 2819494 DEPOSITS 43575 ADVANCE DISTRIBUTION FROM SOLAR ENERGY TRADE SHOWS 1868567 LEASE LIABILITY - OPERATING LEASE 1625456 3537598 X 14210181 -2055449 -2055449 16265630 60989 60989 16326619 9859422 0 9859422 60989 60989 9920411 PART X, LINE 2: SEPA EVALUATES UNCERTAINTY IN INCOME TAX POSITIONS BASED ON THE MORE-LIKELY-THAN-NOT RECOGNITION STANDARD. IF THAT THRESHOLD IS MET, THE TAX POSITION IS THEN MEASURED AT THE LARGEST AMOUNT THAT IS GREATER THAN 50% LIKELY OF BEING REALIZED UPON ULTIMATE SETTLEMENT. AS OF DECEMBER 31, 2022 AND 2021, THERE WERE NO ACCRUALS FOR UNCERTAIN TAX POSITIONS. IF APPLICABLE, SEPA RECORDS INTEREST AND PENALTIES AS A COMPONENT OF INCOME TAX EXPENSE. TAX YEARS FROM JANUARY 1, 2019 THROUGH THE CURRENT YEAR REMAIN OPEN FOR EXAMINATION BY FEDERAL AND STATE AUTHORITIES. 0 1 0 0 0 0 0 1 0 JULIA HAMM PRESIDENT & CEO (UNTIL 11/2022) 460614 0 123156 0 0 0 12200 0 7689 0 603659 0 0 0 CHRISTOPHER SCHRODEDER VP, INDUSTRY SOLUTIONS & ADVISORY 227153 0 31053 0 0 0 9761 0 8736 0 276703 0 0 0 BETH EAGLE VP OF OPERATIONS 205643 0 14422 0 0 0 8365 0 7431 0 235861 0 0 0 ADAM WASSERMAN VP MEMBERSHIP & MARKETING 199956 0 10221 0 0 0 7998 0 10616 0 228791 0 0 0 COURTNEY GALATIOTO CHIEF OF STAFF & STRATEGIC P'SHIP 170375 0 10517 0 0 0 6815 0 5548 0 193255 0 0 0 AARON SMALLWOOD VP RESEARCH & INSUSTRY STRATEGY 163689 0 9298 0 0 0 7326 0 8136 0 188449 0 0 0 SHARON ALLAN CHIEF STRATEGY OFCR (UNTIL 5/2022) 128163 0 61680 0 0 0 3207 0 5051 0 198101 0 0 0 PART I, LINE 4B JULIA HAMM PARTICIPATES IN A 457(F) DEFERRED COMPENSATION PLAN AND $50,000 WAS CONTRIBUTED ON HER BEHALF DURING 2022. PART I, LINE 7 ALL ELIGIBLE EMPLOYEES WERE AWARDED BONUSES WHICH WERE DETERMINED BASED ON THE DISCRETION OF THE EXECUTIVE TEAM, EXCEPT FOR JULIA HAMM, PRESIDENT AND CEO, WHOSE BONUS IS DETERMINED BASED ON MEETING PERFORMANCE OBJECTIVES ACCORDING TO HER EMPLOYEE CONTRACT. FORM 990, PART VI, SECTION A, LINE 6 SEPA SHALL HAVE MEMBERS DIVIDED INTO SUCH NUMBER OF CLASSES AND WITH SUCH QUALIFICATIONS AS THE BOARD OF DIRECTORS SHALL DESIGNATE FROM TIME TO TIME. INITIALLY THERE SHALL BE THREE CLASSES OF MEMBERS: (A) UTILITY; (B) CORPORATE; (C) GOVERNMENT, NONPROFIT & EDUCATION. FORM 990, PART VI, SECTION A, LINE 7A THE MEMBERS IN GOOD STANDING ENTITLED TO VOTE AND VOTING AS A SINGLE CLASS SHALL ELECT, BY PLURALITY, DIRECTORS TO FILL THE SEATS ON THE BOARD OF DIRECTORS, FROM A LIST OF CANDIDATES PER OPEN BOARD SEAT AS MAY BE PUT BEFORE THE MEMBERSHIP BY THE BOARD OF DIRECTORS. THE BOARD OF DIRECTORS SHALL ESTABLISH SUCH POLICIES AND PROCEDURES FOR THE NOMINATION OF PERSONS TO SERVE AS CANDIDATES FOR ELECTION TO THE BOARD OF DIRECTORS AS IT MAY DETERMINE FROM TO TIME. NO LESS THAN 51% AND NO GREATER THAN 66% OF THE BOARD SEATS SHALL BE HELD AT ONE TIME BY EMPLOYEES OF CLASS 1 MEMBERS. FORM 990, PART VI, SECTION A, LINE 7B FOR MATTERS PUT BEFORE THE MEMBERSHIP, EACH MEMBER SHALL BE ENTITLED TO ONLY ONE (1) VOTE. FORM 990, PART VI, SECTION B, LINE 11B THE DRAFT VERSION OF THE FEDERAL FORM 990 IS INITIALLY REVIEWED BY THE PRESIDENT AND CEO, AND THE BOARD SECRETARY/TREASURER. IT IS THEN PROVIDED TO THE ENTIRE BOARD OF DIRECTORS. ANY COMMENTS ARISING FROM THE REVIEWS ARE ADDRESSED AND RESOLVED PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C OFFICERS, DIRECTORS, KEY EMPLOYEES AND TRUSTEES ARE REQUIRED TO PROVIDE AN ANNUAL DISCLOSURE OF ANY POTENTIAL CONFLICTS OF INTEREST. ANY CONFLICTS THAT COME TO THE ATTENTION OF THE BOARD OF DIRECTORS ARE DISCUSSED AND RESOLVED ACCORDING TO SEPA'S BYLAWS. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD OF DIRECTORS REVIEWS AND APPROVES THE COMPENSATION FOR THE PRESIDENT AND CEO ANNUALLY. DURING THIS PROCESS, THE BOARD OF DIRECTORS MAY ENGAGE AN INDEPENDENT CONSULTANT TO PROVIDE CURRENT COMPARATIVE MARKET DATA. THE BOARD OF DIRECTORS CONSIDERS SEPA'S FINANCIAL POSITION AS WELL AS ADDITIONAL EXTERNAL MARKET DATA USING PUBLISHED COMPENSATION STUDIES. THE COMPENSATION DECISIONS OF THE BOARD OF DIRECTORS IS DOCUMENTED IN THE MINUTES. THE PRESIDENT AND CEO ANNUALLY CONSIDERS SEPA'S FINANCIAL POSITION AS WELL AS EXTERNAL MARKET DATA FROM AN INDEPENDENT COMPENSATION RESEARCH STUDY TO ESTABLISH COMPENSATION LEVELS FOR OFFICERS AND KEY EMPLOYEES. SEPA'S COMPENSATION PROGRAM AND MARKET ANALYSIS IS REVIEWED EVERY THREE YEARS FOR COMPLIANCE PURPOSES. FORM 990, PART VI, SECTION C, LINE 19 SEPA'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE FOR VIEWING UPON REASONABLE REQUEST. SOLAR ENERGY TRADE SHOWS LLC 1530 WILSON BLVD SUITE 1120 ARLINGTON VA 22209 271527552 CONFERENCES DE RELATED 9848048 100000 0 0 0.50000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1