ELECTRIC POWER SUPPLY ASSOCIATION

EIN: 521497342

WASHINGTON, DC

Total Revenue
$6,486,981
Total Expenses
$5,640,860
Total Assets
$7,745,989
Net Assets
$3,823,257
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1997
Legal Domicile
DC
Principal Officer
TODD SNITCHLER
Phone
2026288200
Tax Period
2023-01-01 to 2023-12-31

ELECTRIC POWER SUPPLY ASSOCIATION, founded in 1997, is a community nonprofit that reported $6.5M in total revenue in fiscal year 2023. Revenue surged 24% from the prior year, signaling strong growth momentum. Expenses of $5.6M left a modest 13% surplus.

Mission

TO PROMOTE A FAVORABLE MARKET ENVIRONMENT FOR THE COMPETITIVE ELECTRIC INDUSTRY, TO SUPPORT THE DEVELOPMENT OF LEGISLATIVE AND REGULATORY POLICIES THAT ENCOURAGE THE DEVELOPMENT AND IMPLEMENTATION OF A COMPETITIVE MARKET FOR ELECTRICITY, TO IMPROVE THE PUBLIC AWARENESS OF THE COMPETITIVE ELECTRIC INDUSTRY, TO PROVIDE MEMBERS WITH INFORMATION ABOUT LEGISLATION AND REGULATORY POLICIES OF INTEREST TO THEM, TO ADVOCATE POLICIES IN ALL PERTINENT NATIONAL FORUMS, TO ADVANCE THE INTEREST OF ITS MEMBERS, AND TO ENGAGE IN ALL LAWFUL ACTIVITIES IN FURTHERANCE OF THE FOREGOING PURPOSES.

Program Service Accomplishments

Program 1

REGULATORY AFFAIRS:REGULATORY AFFAIRS IS RESPONSIBLE FOR IMPLEMENTING AND ARTICULATING THE ASSOCIATION'S POSITIONS BEFORE REGULATORY AGENCIES, PRIMARILY THE FEDERAL ENERGY REGULATORY COMMISSION...

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REGULATORY AFFAIRS:REGULATORY AFFAIRS IS RESPONSIBLE FOR IMPLEMENTING AND ARTICULATING THE ASSOCIATION'S POSITIONS BEFORE REGULATORY AGENCIES, PRIMARILY THE FEDERAL ENERGY REGULATORY COMMISSION (FERC). POLICY ISSUES RELATED TO THE REGULATION AND DEVELOPMENT OF COMPETITIVE WHOLESALE ELECTRICITY MARKETS ARE ADDRESSED.

Program 2

STATE ISSUES:STATE ISSUES INVOLVES MONITORING COMPETITIVE ELECTRICITY POLICY DEVELOPMENTS AT THE STATE AND REGIONAL LEVELS, INCLUDING MATTERS BEFORE THE NATIONAL ASSOCIATION OF REGULATORY UTILITY...

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STATE ISSUES:STATE ISSUES INVOLVES MONITORING COMPETITIVE ELECTRICITY POLICY DEVELOPMENTS AT THE STATE AND REGIONAL LEVELS, INCLUDING MATTERS BEFORE THE NATIONAL ASSOCIATION OF REGULATORY UTILITY COMMISSIONERS THAT OVERLAPS THE ASSOCIATION'S EMPHASIS ON FEDERAL POLICY ISSUES. STATE ISSUES COORDINATES WITH STATE AND REGIONAL PARTNER ORGANIZATIONS AND COALITIONS AS WELL AS SELECTIVELY ENGAGES DIRECTLY IN HIGH PRIORITY STATES.

Program 3

LEGISLATIVE AFFAIRS:LEGISLATIVE AFFAIRS IS RESPONSIBLE FOR IMPLEMENTING AND ARTICULATING THE FEDERAL LEGISLATIVE POSITIONS OF THE ASSOCIATION AS WELL AS KEEPING ASSOCIATION MEMBERS INFORMED ABOUT...

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LEGISLATIVE AFFAIRS:LEGISLATIVE AFFAIRS IS RESPONSIBLE FOR IMPLEMENTING AND ARTICULATING THE FEDERAL LEGISLATIVE POSITIONS OF THE ASSOCIATION AS WELL AS KEEPING ASSOCIATION MEMBERS INFORMED ABOUT FEDERAL LEGISLATIVE ISSUES OF INTEREST. IT ALSO OVERSEES THE CONGRESSIONAL LOBBYING EFFORTS OF THE ASSOCIATION.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $6,416,918
Investment Income $70,063
Other Revenue $0
TOTAL REVENUE $6,486,981

Expense Breakdown

Grants Paid $12,000
Salaries & Benefits $2,464,654
Fundraising Expenses $0
Other Expenses $3,164,206
TOTAL EXPENSES $5,640,860

Year-over-Year Comparison

2023 2022 Change
Revenue $6,486,981 $5,212,941 +0.2%
Expenses $5,640,860 $5,273,693 +0.1%
Net Income $846,121 $-60,752 -14.9%
Key Indicators
✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
16
Independent Members
15
Employees
8
Volunteers
16

Governance Policies

✓ Conflict of Interest Policy
✓ Whistleblower Policy
✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$909,034
Total Directors
17
$909,034
Key Employees
4
$1,080,487
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TODD SNITCHLER CEO & PRESIDENT 40.00
Officer Director
$821,274 $87,760 $909,034
CURT MORGAN CHAIR UNTIL AUGUST 2.00
Officer Director
$0 $0 $0
JIM BURKE CHAIR FROM AUGUST 2.00
Officer Director
$0 $0 $0
CHRIS MOSER VICE-CHAIR 2.00
Officer Director
$0 $0 $0
MARK SUDBEY SECRETARY-TREASURER 2.00
Officer Director
$0 $0 $0
EDGAR CASTRO DIRECTOR 2.00
Director
$0 $0 $0
TRAVIS RADKE DIRECTOR 2.00
Director
$0 $0 $0
DAVID FREYSINGER DIRECTOR 2.00
Director
$0 $0 $0
NATHAN HANSON DIRECTOR 2.00
Director
$0 $0 $0
SCOTT HARLAN DIRECTOR 2.00
Director
$0 $0 $0
THAD HILL DIRECTOR 2.00
Director
$0 $0 $0
GARY LAMBERT DIRECTOR 2.00
Director
$0 $0 $0
MATT O'CONNOR DIRECTOR 2.00
Director
$0 $0 $0
PAUL PETERSON DIRECTOR 2.00
Director
$0 $0 $0
TYLER REEDER DIRECTOR 2.00
Director
$0 $0 $0
PAUL SHEPARD DIRECTOR 2.00
Director
$0 $0 $0
KEVIN SMITH DIRECTOR 2.00
Director
$0 $0 $0
NANCY BAGOT SENIOR VICE PRESIDENT 40.00
Key Emp
$355,793 $38,594 $394,387
SHARON THEODORE SENIOR DIRECTOR, REGULATOR 40.00
Key Emp
$253,309 $41,056 $294,365
WILLIAM ZURETTI DIR., REGULATORY AFFAIRS & 40.00
Key Emp
$180,619 $29,032 $209,651
JEFF TURCOTTE ASS. VP & GOVT. AFFAIRS 40.00
Key Emp
$167,929 $14,155 $182,084
CHRISTINA NYQUIST DIR. STRATEGIC POL. & GOVT 40.00
Highest
$164,137 $39,137 $203,274
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $6,486,981 $5,640,860 $7,745,989 $846,121
2022 $5,212,941 $5,273,693 $6,785,540 $-60,752
2021 $5,166,288 $5,458,628 $6,703,647 $-292,340
2020 $4,307,889 $4,525,544 $6,995,222 $-217,655
2019 $3,993,521 $3,460,730 $6,213,114 $532,791
2018 $3,359,758 $3,204,590 $5,131,734 $155,168
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