2025-11-14T08:42:18-06:00 2024-12-31 582487348 Aprio Advisory Group LLC 111 Rockville Pike Suite 600 Rockville MD 20850 990 2024-01-01 521794095 Smart Electric Power Alliance SMAR 2028570898 1800 M Street NW Front 1 33159 Washington DC 20036 Sheri Givens President & CEO 2028570898 2025-11-13 1 0 Stacy Cullen P00974308 3012316200 2025-11-13 2024 2025-03-06 01:10:19Z Sheri Givens 1800 M Street NW Front 1 33159 Washington DC 20036 31390436 0 X www.sepapower.org X 1992 DC SEPA advances clean, affordable, and resilient energy by connecting stakeholders to solutions. 21 21 90 21 0 0 557980 401442 16800137 17716593 616152 1326905 390022 430629 18364291 19875569 0 76111 0 0 8431111 10776302 0 0 0 3495035 4369586 11926146 15221999 6438145 4653570 33320181 39471528 7072728 7113057 26247453 32358471 X The Smart Electric Power Alliance (SEPA) is an educational nonprofit working to accelerate the transition to a clean, affordable, and resilient energy system for all.SEPA collaborates with over 1,000 member organizations across the electric power sectorproviding unbiased research, education, and forums to advance decarbonization, grid modernization, and energy equity. 0 0 2596108 76111 746329 Research & 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. 3006417 16387914 Member Services - SEPA connects a diverse community of members, including utilities, technology providers, large energy users, government entities, 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. 2986351 582350 Education -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 mission, and executive cohorts. 8588876 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 36 0 1 90 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 1.00 X X 0 0 0 Peter Muhoro Chair Elect 1.00 X X 0 0 0 Melissa Washington Secretary 1.00 X X 0 0 0 Seth Frader-Thompson Treasurer 1.00 X X 0 0 0 Alice Jackson Board Member 1.00 X 0 0 0 Andrew McAllister Board Member 1.00 X 0 0 0 Carlos Restrepo Board Member 1.00 X 0 0 0 Caroline Choi Board Member 1.00 X 0 0 0 Chris Roe Board Member 1.00 X 0 0 0 Darryl Willis Board Member 1.00 X 0 0 0 Elaina Ball Board Member 1.00 X 0 0 0 Hannah Bascom Board Member 1.00 X 0 0 0 Janisse Quinones Board Member 1.00 X 0 0 0 Jay Lasseter Board Member 1.00 X 0 0 0 Jeff Guldner Board Member 1.00 X 0 0 0 Joe Hoagland Board Member 1.00 X 0 0 0 Linda Ferrone Board Member 1.00 X 0 0 0 Marion Gold Board Member 1.00 X 0 0 0 Mari McClure Board Member 1.00 X 0 0 0 Melissa Lavinson Board Member 1.00 X 0 0 0 Scott Harden Board Member 1.00 X 0 0 0 Sheri Givens President & CEO 40.00 X 575900 0 32819 Beth Eagle Chief Finance & Operations Officer 40.00 X 287742 0 31798 Emily Fisher Chief Strategy Officer 40.00 X 144000 0 3610 Courtney Peterson Chief People & Culture Officer 40.00 X 21667 0 784 Courtney Galatioto VP of Membership 40.00 X 250350 0 16593 Ukiah Busch VP of Development 40.00 X 220334 0 7081 Jared Leader Sr Dir Research & Industry Strategy 40.00 X 198723 0 6391 Aaron Smallwood VP Research & Industry Strategy 40.00 X 187466 0 9393 Garrett Fitzergald Sr Dir Research & Industry Strategy 40.00 X 195539 0 7005 Christopher Schroeder VP of Research & Strategy 40.00 X 108167 0 22758 2189888 0 138232 23 0 1 0 0 401442 401442 Solar Energy Trade Shows 900099 14842703 14842703 Membership Dues 541900 1545211 1545211 Consulting 541900 746329 746329 Registrations 541900 382350 382350 Sponsorships 541900 200000 200000 17716593 1099291 1099291 377320 0 377320 377320 377320 11742481 11514867 227614 227614 227614 Miscellaneous Income 900099 53309 53309 53309 19875569 17716593 0 1757534 76111 76111 1075869 599577 476292 8010814 4464383 3546431 253706 141389 112317 818904 456371 362533 617009 343856 273153 188838 113820 75018 48043 28957 19086 95915 95915 654982 394782 260200 64808 62629 2179 58037 15813 42224 570418 343812 226606 654303 380290 274013 831721 557477 274244 773199 501680 271519 69587 18960 50627 36758 10015 26743 Professional Developmen 155838 6081 149757 Temporary Labor 85951 51806 34145 Payroll Processing Fees 36830 10035 26795 Dues and Subscriptions 18387 5010 13377 25971 6022 19949 15221999 8588876 6633123 0 520934 860694 411550 575573 374001 355654 1823049 1663071 97207 159978 27384397 31741591 3325932 506995 100000 100000 1106160 5171043 33320181 39471528 1665797 1349893 1066383 1147714 4340548 4615450 7072728 7113057 X 26247453 32358471 26247453 32358471 33320181 39471528 4653570 1457448 0 X X 0 1 X 1 0 X 1179581 1487001 548666 557980 401442 4174670 4931927 8945970 14870184 16800137 17716593 63264811 6111508 10432971 15418850 17358117 18118035 67439481 0 0 0 67439481 241941 288795 852644 1129428 1476611 3989419 241941 288795 852644 1129428 1476611 3989419 3724 1151639 39271 12702 53309 1260645 6357173 11873405 16310765 18500247 19647955 72689545 0.92780 0.93310 0.05490 0.04530 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 5798444 1702168 7500612 4723099 1075345 5798444 4272682 450417 4723099 4252873 19809 4272682 5062506 -809633 4252873 1.00000 0.00000 0.00000 0 0 995953 990283 5670 49924 49924 0 777172 622864 154308 159978 Deposits 59427 Deferred Sublease Rent 48531 Right-of-use asset 193278 Deferred Compensation Plan Assets 179793 Goodwill 4690014 5171043 Deposits 43575 Advance Distribution from Solar Energy Trade Shows 2007757 Lease liability - operating lease 242188 Deferred Compensation 179793 Contingent liability, net of discount 2142137 4615450 X 21237102 1457448 1457448 19779654 95915 95915 19875569 15126084 0 15126084 95915 95915 15221999 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, 2024, 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, 2021 through the current year remain open for examination by federal and state authorities. 0 NARUC 1101 Vermont Avenue NW Suite 200 Washington DC 20005 530204609 501(c)(4) 7500 0 2024 Winter Meeting Gold Sponsor NARUC 1101 Vermont Avenue NW Suite 200 Washington DC 20005 530204609 501(c)(4) 8000 0 Gold Sponsor for Naruc Summer Policy Summit The Business Council for Sustainable Energy 805 15th Street NW Suite 710 Washington DC 20005 521801630 501(c)(6) 10000 0 2024 International Policy Committee Outreach & Sponsorship Fees NARUC 1101 Vermont Avenue NW Suite 200 Washington DC 20005 530204609 501(c)(4) 8000 0 2024 Annual Meeting Gold Sponsor 0 2 X X 1 1 X X X X X 0 0 0 1 1 1 0 1 0 Sheri Givens President & CEO 415900 0 160000 0 0 0 23000 0 9819 0 608719 0 0 0 Beth Eagle Chief Finance & Operations Officer 265742 0 22000 0 0 0 23000 0 8798 0 319540 0 0 0 Courtney Galatioto VP of Membership 228350 0 22000 0 0 0 10000 0 6593 0 266943 0 0 0 Ukiah Busch VP of Development 209417 0 10917 0 0 0 0 0 7081 0 227415 0 0 0 Jared Leader Sr Dir Research & Industry Strategy 178973 0 19750 0 0 0 0 0 6391 0 205114 0 0 0 Garrett Fitzergald Sr Dir Research & Industry Strategy 175789 0 19750 0 0 0 0 0 7005 0 202544 0 0 0 Aaron Smallwood VP Research & Industry Strategy 178866 0 8600 0 0 0 0 0 9393 0 196859 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. Form 990, Part XII, Line 2c: There were no changes to the organization's selection process or oversight process during the year. Solar Energy Trade Shows LLC 1530 Wilson Boulevard Suite 1120 Arlington VA 22209 271527552 Conferences DE Related 14842703 100000 0 0 0.50000 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1