2024-11-15T10:14:21-06:00 2023-12-31 582487348 Aprio Advisory Group LLC 111 Rockville Pike Suite 600 Rockville MD 20850 990 2023-01-01 521794095 Smart Electric Power Alliance SMAR 2028570898 1800 M Street NW Front 1 33159 Washington DC 20036 Sheri Givens President & CEO 2028570898 2024-11-14 1 1 Stacy Cullen P00974308 3012316200 2024-11-14 2023 2024-10-15 13:58:12Z Sheri Givens 1800 M Street NW Front 1 33159 Washington DC 20036 44446834 0 X www.sepapower.org X 1992 DC SEPA works to accelerate the energy industry's transformation to a carbon-free energy system. 21 21 70 25 0 0 548666 557980 14870184 16800137 491178 616152 416591 390022 16326619 18364291 0 0 0 0 7016456 8431111 0 0 0 2903955 3495035 9920411 11926146 6406208 6438145 24338371 33320181 5743282 7072728 18595089 26247453 SEPA is an educational nonprofit dedicated to advancing a carbon-free energy system by fostering collaboration, providing unbiased information, and driving actionable solutions. 0 0 2201164 1059903 Research and Strategy- SEPA provides essential research, resources, and tools to support utilities and energy industry stakeholders in making informed decisions. Our goal is to help them navigate the unique challenges of today and prepare for the complexities of tomorrow. 2292877 14871918 Member Services - SEPA connects a diverse community of members, including utilities, technology providers, industry leaders, regulators, large energy users, state energy offices, government entities, consumer advocates, academia, and nonprofits, to learn, engage, and share best practices. SEPA offers eight working groups where members collaborate on relevant issues and explore actionable solutions. Members also enjoy discounts on educational workshops, webinars, and expert-led courses covering the latest industry trends. 1917831 868316 Education and Outreach - SEPA conducts surveys to gather insights from utilities and industry stakeholders. Based on these surveys, SEPA produces market intelligence reports, providing critical information to help stakeholders understand the impacts of energy sector transformation and develop roadmaps for success. This covers utility-scale and distributed energy resources, including solar, demand flexibility, energy storage, and the electrification of transportation, buildings, and industry. SEPA shares this information through public and member channels, offering education programs like onsite and virtual conferences, peer-to-peer learning, workshops, webinars, utility staff training, domestic and international fact-finding missions, and executive cohorts. 6411872 1 1 0 0 0 0 0 0 0 1 1 1 0 0 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 34 0 1 70 1 0 0 0 0 0 0 0 0 0 0 0 0 X 21 21 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 0 0 X Sheri Givens President CEO 2028570898 1800 M Street NW Front 1 33159 WASHINGTON DC 20036 Paul Lau Chair (APR-DEC) 1.00 X X 0 0 0 Alice Jackson Chair (JAN-APR)/Ex-Chair (MAY-DEC) 1.00 X X 0 0 0 Peter Muhoro Director/Chair Elect (APR-DEC) 1.00 X X 0 0 0 Seth Frader-Thompson Treasurer 1.00 X X 0 0 0 Melissa Washington Director/Secretary 1.00 X X 0 0 0 Jim Alberts Executive Committee 1.00 X 0 0 0 Hannah Bascom Nominating Committee Chair 1.00 X 0 0 0 Caroline Choi Director 1.00 X 0 0 0 Linda Ferrone Director 1.00 X 0 0 0 Muffi Ghadiali Director 1.00 X 0 0 0 Marion Gold Director 1.00 X 0 0 0 Jeff Guldner Director 1.00 X 0 0 0 Bryan Hannegan Director 1.00 X 0 0 0 Scott Harden Director 1.00 X 0 0 0 Joe Hoagland Director 1.00 X 0 0 0 Melissa Lavinson Director 1.00 X 0 0 0 Mari Mclure Director 1.00 X 0 0 0 Gary Racklife 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 Debra Smith Director 1.00 X 0 0 0 Sheri Givens President & CEO 40.00 X 403531 0 8281 Christopher Schroeder VP Research & Industry Strategy 40.00 X 325768 0 42217 Beth Eagle VP Operations 40.00 X 306474 0 40023 Adam Wasserman VP Marketing & Communications 40.00 X 304077 0 42092 Courtney Galatioto VP Membership 40.00 X 275700 0 39736 Ukiah Busch VP Development 40.00 X 100384 0 5816 Aaron Smallwood VP, Research & Industry Strategy 40.00 X 179679 0 16445 1895613 0 194610 7 0 1 0 0 557980 557980 Solar Energy Trade Shows 900099 13168107 13168107 Membership Dues 541900 1703811 1703811 Consulting 541900 1059903 1059903 Registrations 541900 545816 545816 Sponsorships 541900 322500 322500 16800137 752108 752108 377320 0 377320 377320 377320 25945887 700 26082543 0 -136656 700 -135956 -135956 Miscellaneous Income 900099 12702 12702 12702 18364291 16800137 0 1006174 411812 210651 201161 6836283 3496915 3339368 164994 84398 80596 518497 265223 253274 499525 255518 244007 32045 21954 10091 50704 34738 15966 71923 71923 743565 509425 234140 90667 88974 1693 90707 43088 47619 399725 271078 128647 651497 333195 318302 414031 254309 159722 602874 363304 239570 55789 26501 29288 39141 18593 20548 Professional Developmen 126279 53358 72921 Temporary Labor 67968 46566 21402 Payroll Processing Fees 32834 15597 17237 Dues and Subscriptions 12933 6144 6789 12353 12343 10 11926146 6411872 5514274 0 919217 520934 322732 411550 282062 374001 1715827 1618620 108781 97207 14197973 27384397 5588112 3325932 100000 100000 2819494 1106160 24338371 33320181 917523 1665797 1288161 1066383 3537598 4340548 5743282 7072728 X 18595089 26247453 18595089 26247453 24338371 33320181 6438145 1709854 -495635 0 X 0 1 X 1 0 X 323627 1179581 1487001 548666 557980 4096855 9275430 4931927 8945970 14870184 16800137 54823648 9599057 6111508 10432971 15418850 17358117 58920503 0 0 0 58920503 349563 241941 288795 852644 1129428 2862371 349563 241941 288795 852644 1129428 2862371 152822 3724 1151639 39271 12702 1360158 10101442 6357173 11873405 16310765 18500247 63143032 0.93310 0.94520 0.04530 0.02980 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4723099 1075345 5798444 4272682 450417 4723099 4252873 19809 4272682 5062506 -809633 4252873 4848010 214496 5062506 1.00000 0.00000 0.00000 0 0 995953 976596 19357 719874 642024 77850 97207 Certificates Of Deposits 3325932 F 3325932 Deposits 43575 Advance Distribution from Solar Energy Trade Shows 3250460 Lease liability - operating lease 946076 Deferred Compensation 100437 4340548 X 20002222 1709854 1709854 18292368 71923 71923 18364291 11854223 0 11854223 71923 71923 11926146 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, 2023 and 2022, 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, 2020 through the current year remain open for examination by federal and state authorities. X 1 1 X X X X X 0 0 0 1 1 1 0 1 0 Sheri Givens President & CEO 403531 0 0 0 0 0 0 0 8281 0 411812 0 0 0 Christopher Schroeder VP Research & Industry Strategy 255888 0 69880 0 0 0 22500 0 19717 0 367985 0 0 0 Beth Eagle VP Operations 235228 0 71246 0 0 0 22500 0 17523 0 346497 0 0 0 Adam Wasserman VP Marketing & Communications 224077 0 80000 0 0 0 21750 0 20342 0 346169 0 0 0 Courtney Galatioto VP Membership 208033 0 67667 0 0 0 22500 0 17236 0 315436 0 0 0 Aaron Smallwood VP, Research & Industry Strategy 174179 0 5500 0 0 0 0 0 16445 0 196124 0 0 0 Part I, Line 1a As part of SEPA's benefits, employees receive reimbursement for gym memberships. Part I, Line 3 SEPA completed a salary compensation study in 2023. There is a compensation committee on the board, the board approves the CEO's initial salary and reviews every other year, and there is an employment contract. Part I, Line 5 SEPA does pay base bonuses based on the Organization's revenue. Part I, Line 6 SEPA does pay base bonuses based on the Organization's revenue. Part I, Line 7 All eligible employees were awarded bonuses which were determined based on the discretion of the executive team, except for Sheri Givens, 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, form 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 time 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 13168107 100000 0 0 0.50000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1