2024-09-18T10:55:43-05:00 2023-12-31 873707167 CBIZ MARKS PANETH LLC 685 THIRD AVENUE NEW YORK NY 10017 990 2023-01-01 061784395 NORTHEAST POWER COORDINATING COUNCILINC NORT 2128401070 1040 AVENUE OF THE AMERICAS 4TH FL NEW YORK NY 100183703 CHARLES DICKERSON PRESIDENT & CEO 2128401070 2024-09-17 1 1 MAGDALENA CZERNIAWSKI P00535099 2125038800 2024-09-17 2023 2024-08-08 14:25:15Z CHARLES DICKERSON 1040 AVENUE OF THE AMERICAS 4TH FL NEW YORK NY 100183703 29869700 0 X NPCC.ORG X 2006 NY NORTHEAST POWER COORDINATING COUNCIL, INC. IS RESPONSIBLE FOR PROMOTING AND IMPROVING THE RELIABILITY OF THE INTERNATIONAL, INTERCONNECTED BULK POWER SYSTEMS IN NORTHEASTERN NORTH AMERICA. 17 14 65 14 0 0 0 0 17114404 19606094 62713 366717 0 0 17177117 19972811 0 0 0 0 12732234 15302603 0 0 0 3375759 4399160 16107993 19701763 1069124 271048 13824536 17889145 4349149 8180571 9475387 9708574 X NORTHEAST POWER COORDINATING COUNCIL, INC. (NPCC) IS A 501(C)(6) NOT-FOR-PROFIT CORPORATION IN THE STATE OF NEW YORK RESPONSIBLE FOR PROMOTING AND IMPROVING THE RELIABILITY OF THE INTERNATIONAL, INTERCONNECTED BULK POWER SYSTEMS IN NORTHEASTERN NORTH AMERICA THROUGH THE DEVELOPMENT OF REGIONAL RELIABILITY STANDARDS AND COMPLIANCE ASSESSMENT AND ENFORCEMENT OF CONTINENT-WIDE AND REGIONAL RELIABILITY STANDARDS, COORDINATION OF SYSTEM PLANNING, DESIGN AND OPERATIONS, AND ASSESSMENT OF RELIABILITY, AND THE ESTABLISHMENT OF REGIONALLY-SPECIFIC CRITERIA, AND MONITORING AND ENFORCEMENT OF COMPLIANCE WITH SUCH CRITERIA. 0 0 THE FIRST OF THREE LARGEST PROGRAM SERVICES BY EXPENSE IS COMPLIANCE ENFORCEMENT AND ORGANIZATION CERTIFICATION AND REGISTRATION (CORC). THIS CORC PROGRAM SERVICE COVERS: 1) THE IDENTIFICATION AND REGISTRATION OF ENTITIES RESPONSIBLE FOR COMPLYING WITH THE NORTH AMERICAN ELECTRIC RELIABILITY CORPORATION RELIABILITY STANDARDS AND NPCC REGIONAL RELIABILITY STANDARDS; 2) THE IMPLEMENTATION OF THE NERC COMPLIANCE MONITORING AND ENFORCEMENT PROGRAM (CMEP) IN THE UNITED STATES, INCLUDING THE IDENTIFICATION OF ENTITY RISK THROUGH INHERENT RISK ASSESSMENT AND INTERNAL CONTROL EVALUATIONS, COMPLIANCE MONITORING, ASSESSMENT AND ENFORCEMENT OF NERC RELIABILTY STANDARDS AND NPCC REGIONAL RELIABILITY STANDARDS; AND 3) THE IMPLEMENTATION OF COMPLIANCE MONITORING, ASSESSMENT AND ENFORCEMENT RECOMMENDATIONS IN ACCORDANCE WITH EXECUTED MEMORANDA OF UNDERSTANDING AND/OR AGREEMENTS IN THE CANADIAN PROVINCES OF ONTARIO, QUEBEC, NEW BRUNSWICK, AND NOVA SCOTIA. THE SECOND LARGEST PROGRAM SERVICES BY EXPENSE IS RELIABILITY ASSESSMENT AND PERFORMANCE ANALYSIS (RAPA).THROUGH THE RELIABILITY ASSESSMENT AND PERFORMANCE ANALYSIS PROGRAM AREA NPCC CONDUCTS OBJECTIVE AND ACCURATE RELIABILITY ASSESSMENTS AND IDENTIFIES RELIABILITY PERFORMANCE TRENDS. ANNUAL AND SEASONAL ASSESSMENTS OF THE FUTURE RELIABILITY OF THE BULK POWER SYSTEM IN THE REGION ARE PERFORMED FOR THE PURPOSE OF ANALYZING AND TRENDING RELIABILITY IMPROVEMENTS AND BENEFITS. NPCC PROMOTES AND CONDUCTS BOTH INTER-AREA AND INTERREGIONAL STUDIES TO ENHANCE RELIABILITY AND OPERATIONAL EFFECTIVENESS, AND PROVIDES A FORUM FOR THE DISCUSSION AND COORDINATION OF OPERATING ISSUES WITHIN THE NPCC REGION AND WITH OTHER REGIONS. NPCC ASSESSES COMPOSITE GENERATION AND TRANSMISSION RELIABILITY ASSESSMENT METHODOLOGIES AND METRICS, LOSS-OF-LOAD EXPECTATION STUDIES AND SIMILAR PROBABILISTIC RESOURCE ASSESSMENT ANALYSES IN ADDITION TO PROVIDING DATA REQUIREMENT SUPPORT IN THE AREAS DATA COORDINATION, TRANSMISSION AVAILABILITY, GENERATION AVAILABILITY, AND DEMAND AVAILABILITY. THE THIRD OF THREE LARGEST PROGRAM SERVICES BY EXPENSE IS SITUATION AWARENESS AND INFRASTRUCTURE SECURITY PROGRAM (SAIS).THE SITUATION AWARENESS AND INFRASTRUCTURE SECURITY PROGRAM IS THE COMBINATION OF NEAR REAL TIME AWARENESS OF CONDITIONS ON THE BULK POWER SYSTEM WITH THE PROGRAMS NECESSARY TO INCREASE THE PHYSICAL AND CYBER SECURITY OF THE ELECTRICITY INFRASTRUCTURE. THIS INCLUDES THE OPERATION AND MAINTENANCE OF TOOLS AND OTHER SUPPORT SERVICES FOR THE BENEFIT OF RELIABILITY COORDINATORS AND OTHER SYSTEM OPERATORS. MAINTAINING THE REAL-TIME AWARENESS OF CONDITIONS ON THE INTERCONNECTED BULK POWER SYSTEMS OF THE NPCC RELIABILITY COORDINATOR AREAS (INCLUDING AWARENESS OF ABNORMAL EVENTS, COMMUNICATING INFORMATION CONCERNING SYSTEM CONDITIONS AND ABNORMAL EVENTS TO, AND FACILITATING REAL-TIME COMMUNICATIONS AMONG SYSTEM OPERATORS RESPONSIBLE FOR THE RELIABLE OPERATION OF THE BULK POWER SYSTEMS) IS CRITICAL TO MAINTAINING RELIABLE OPERATION WITHIN NPCC. ON AN ONGOING BASIS, NPCC MONITORS THE OPERATIONAL STATUS OF THE BULK POWER SYSTEM AND COORDINATES NORMAL AND PRE-EMERGENCY COMMUNICATION, AWARENESS AND ASSISTANCE IN ADDITION TO THE SAME DURING AN EMERGENCY AMONG THE AREAS. OTHER PROGRAM SERVICES INCLUDE:A RELIABILITY STANDARDS PROGRAM SERVICE, WHICH INCLUDES: 1) THE EVALUATION, DEVELOPMENT, AND MAINTENANCE OF REGIONAL RELIABILITY STANDARDS DESIGNED SPECIFICALLY FOR RELIABILITY OF THE BULK POWER SYSTEM IN THE NORTHEAST; 2) REGULAR REVIEW OF NERC RELIABILITY STANDARDS TO ENSURE SUCH STANDARDS FOCUS ON PERFORMANCE REQUIREMENTS ESSENTIAL TO RELIABILITY; 3) FACILITATING STAKEHOLDER REVIEW, COMMENT ON, AND DEVELOPMENT OF BALLOT RECOMMENDATIONS FOR ALL NERC RELIABILITY STANDARDS UNDER DEVELOPMENT OR REVISION.INFORMATION TECHNOLOGY SERVICES, WHICH ENSURES INFORMATION AND DATA ASSETS AND THE ENVIRONMENT IN WHICH THEY OPERATE ARE WORKING AND SECURE.A TRAINING, EDUCATION, AND OPERATOR CERTIFICATION PROGRAM SERVICE, WHICH PROVIDES EDUCATION AND TRAINING NECESSARY TO UNDERSTAND AND OPERATE THE BULK POWER SYSTEM. THE TARGET AUDIENCE OF THE PROGRAM IS BULK POWER SYSTEM OPERATING PERSONNEL - INCLUDING SYSTEM OPERATIONS PERSONNEL, OPERATIONS SUPPORT PERSONNEL (ENGINEERING AND INFORMATION TECHNOLOGY), SUPERVISORS AND MANAGERS, AND TRAINING PERSONNEL. 0 0 0 1 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 13 0 1 65 1 0 0 0 0 0 0 0 0 X 17 14 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X JESSICA HALA VICE PRESIDENT FINANCE AND TREASURER 2128401070 1040 AVENUE OF THE AMERICAS 4TH FL NEW YORK NY 10018 ALAN MACNAUGHTON DIRECTOR 1.00 X 0 0 0 ALVIN TANG DIRECTOR 1.00 X 0 0 0 BRAD VAN AUKEN DIRECTOR 1.00 X 0 0 0 BRIAN EVANS-MONGEON CO-VICE CHAIR (OUTGOING) 1.00 X 0 0 0 CARLETON B SIMPSON DIRECTOR 1.00 X 0 0 0 CAROL A SEDEWITZ DIRECTOR 1.00 X 0 0 0 CLAUDINE BOUCHARD DIRECTOR 1.00 X 0 0 0 DANIEL WHYTE DIRECTOR (OUTGOING) 1.00 X 0 0 0 ELISA SPERANZA DIRECTOR 8.00 X 85000 0 0 JEFF HEATH CO-VICE CHAIR 8.00 X 85000 0 0 KIM MOULTON DIRECTOR 1.00 X 0 0 0 LEKA GJONAJ PE DIRECTOR 1.00 X 0 0 0 MAYER SASSON DIRECTOR 1.00 X 0 0 0 MILOVAN BLAIR CHAIRMAN 8.00 X 133500 0 0 NICOLE FABBRO DIRECTOR 1.00 X 0 0 0 PAUL SEGUIN DIRECTOR (OUTGOING) 1.00 X 0 0 0 PETER BRANDIEN DIRECTOR 1.00 X 0 0 0 ROBBY SOHI DIRECTOR 1.00 X 0 0 0 ROBERT BRANTLEY DIRECTOR 1.00 X 0 0 0 RONALD DECURZIO DIRECTOR 1.00 X 0 0 0 CHARLES DICKERSON PRESIDENT & CEO 40.00 X 848444 0 78740 DAMASE HEBERT GEN COUNSEL & CORPORATE SECRETARY 40.00 X 315132 0 83720 JESSICA HALA VP OF FINANCE & TREASURER 40.00 X 275628 0 44813 ANDREY OKS DIRECTOR OF OPERATIONS COO 40.00 X 266857 0 78776 JACQUELINE JIMENEZ DIR. COMPLIANCE MONITORING 40.00 X 255592 0 56306 JENIFER FARRELL VP OF IT & ENTERPRISE RISK 40.00 X 274020 0 79395 PHILIP FEDORA VP OF RELIABILITY & CHIEF 40.00 X 350927 0 86695 SCOTT NIED VP OF COMPLIANCE 40.00 X 352920 0 79795 3243020 0 588240 43 0 1 0 CBIZ MARKS PANETH LLP 685 THIRD AVENUE NEW YORK NY 10017 ACCOUNTING SERVICES 321056 GENERAL ELECTRIC INTERNATIONAL INC PO BOX 643449 PITTSBURGH PA 15264 CONSULTING SERVICES 224064 2 REGIONAL ENTITY ASSESSMENTS 900099 18140036 18140036 CRITERIA SERVICES ASSESSMENTS 900099 797195 797195 PENALTY SANCTIONS 900099 639000 639000 WORKSHOPS 900099 29863 29863 19606094 342171 342171 9921435 9894812 2077 26623 -2077 24546 -2077 26623 19972811 19604017 0 368794 1949977 9163202 913300 2405947 870177 155448 374703 1018059 982831 75200 529924 880715 284828 76974 MISCELLANEOUS EXPENSES 20478 19701763 2298188 2530478 6329323 9270988 516694 460777 2325312 1769815 436959 555497 2394049 74779 1849323 4996626 13824536 17889145 2917558 3975707 567659 678748 863932 3526116 4349149 8180571 X 0 0 0 0 9475387 9708574 9475387 9708574 13824536 17889145 X 271048 -37861 X X 0 1 X 1 0 0 1 0 51410 2337 49073 678016 283632 394384 1595886 1483846 112040 555497 RESTRICTED CASH 1817578 OTHER RECEIVABLE 4868 RIGHT OF USE ASSETS 3174180 4996626 DEFFERED COMPENSATION BENEFITS PAYABLE 374480 OPERATING LEASE LIABILITY 3151636 3526116 X 19934950 -37861 -37861 19972811 0 19972811 19701763 0 19701763 0 19701763 PART X, LINE 2: THE COMPANY FOLLOWS STANDARDS IN ACCOUNTING STANDARDS CODIFICATION (ASC) 740, "INCOME TAXES", IN ESTABLISHING AND CLASSIFYING ANY TAX PROVISIONS FOR UNCERTAIN TAX POSITIONS AND IN RECOGNIZING ANY INTEREST AND PENALTIES. PART XI, LINE 2D - OTHER ADJUSTMENTS: OTHER COMPONENTS OF NET PERIODIC BENEFITS COSTS -37,861. CANADA 0 0 PROGRAM SERVICES ALL ACTIVITIES IDENTIFIED IN PART III 4A TO 4D ARE PERFORMED IN SUPPORT OF INTERNATIONAL NORTH AMERICAN, CONTINENT-WIDE RELIABILITY OF THE ELECTRICITY BULK POWER SYSTEM. 7616887 0 0 0 0 0 0 7616887 0 7616887 0 0 0 0 0 0 X X X X X X 1 1 0 CHARLES DICKERSON PRESIDENT & CEO 572412 0 275000 0 1032 0 60100 0 18640 0 927184 0 0 0 PHILIP FEDORA VP OF RELIABILITY & CHIEF 276962 0 72250 0 1715 0 34415 0 52280 0 437622 0 0 0 SCOTT NIED VP OF COMPLIANCE 237628 0 64370 0 50922 0 27405 0 52390 0 432715 0 0 0 DAMASE HEBERT GEN COUNSEL & CORPORATE SECRETARY 252652 0 62120 0 360 0 31440 0 52280 0 398852 0 0 0 JENIFER FARRELL VP OF IT & ENTERPRISE RISK 216228 0 57590 0 202 0 27075 0 52320 0 353415 0 0 0 ANDREY OKS DIRECTOR OF OPERATIONS COO 211452 0 55200 0 205 0 26496 0 52280 0 345633 0 0 0 JESSICA HALA VP OF FINANCE & TREASURER 218803 0 56620 0 205 0 26520 0 18293 0 320441 0 0 0 JACQUELINE JIMENEZ DIR. COMPLIANCE MONITORING 202722 0 52680 0 190 0 24929 0 31377 0 311898 0 0 0 PART I, LINES 4A-B LINE 4A: SCOTT NIED RECEIVED $50,000 SEVERANCE PAYMENT UPON TERMINATION OF EMPLOYMENT WHICH IS REPORTED IN PART II, COLUMN (B)(III). LINE 4B: CHARLES DICKERSON IS A PARTICIPANT IN A SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN. NPCC CONTRIBUTED $20,500 TO THE PLAN IN 2023 AND IT IS REPORTED IN COLUMN (C). FORM 990, PART VI, SECTION A, LINE 6 NPCC IS A MEMBERSHIP CORPORATION. NPCC CURRENTLY HAS APPROXIMATELY 100 MEMBERS. THERE ARE TWO CATEGORIES OF MEMBERSHIP, FULL AND GENERAL. FORM 990, PART VI, SECTION A, LINE 7A THE MEMBERS FROM EACH VOTING SECTOR VOTE TO ELECT DIRECTORS IN THEIR RESPECTIVE SECTOR. A DIRECTOR SHALL BE ELECTED BY A VOTE OF THE MAJORITY OF THE MEMEBERS IN THE RESPECTIVE SECTOR. A DIRECTOR MAY BE REMOVED FOR CAUSE BY AT LEAST TWO THIRDS OF THE MEMBERS IN THEIR RESPECTIVE SECTOR. FORM 990, PART VI, SECTION A, LINE 7B THE MEMBERS VOTE TO APPROVE AMENDMENTS TO THE BYLAWS AND CERTIFICATE OF INCORPORATION. FORM 990, PART VI, SECTION B, LINE 11B THE RETURN IS REVIEWED IN DETAIL BY THE FINANCE AND AUDIT COMMITTEE. AFTER THE RETURN IS APPROVED BY THE FINANCE AND AUDIT COMMITTEE, THE RETURN IS SENT TO THE FULL BOARD OF DIRECTORS FOR REVIEW, COMMENT AND APPROVAL PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C ALL NPCC REPRESENTATIVES ARE REQUIRED TO COMPLETE AND SUBMIT A CONFLICT OF INTEREST QUESTIONNAIRE ANNUALLY, AND WHEN A POTENTIAL CONFLICT ARISES. THE NPCC CONFLICTS TEAM MANAGES THE CONFLICT OF INTERESTS REPORTING, MONITORING AND RESOLUTION PROCESSES. THE BOARD HAS THE ULTIMATE AUTHORITY AND RESPONSIBILITY TO OVERSEE THE ADOPTION AND IMPLEMENTATION OF, AND COMPLIANCE WITH, NPCC'S CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION B, LINE 15 LINE 15A: EACH YEAR, THE MANAGEMENT DEVELOPMENT AND COMPENSATION COMMITTEE PERFORMS A COMPREHENSIVE PERFORMANCE REVIEW OF THE PRESIDENT AND CEO AND MAKES RECOMMENDATIONS TO THE FULL BOARD OF DIRECTORS WITH REGARD TO MERIT AND VARIABLE COMPENSATION. LINE 15B: EACH YEAR, THE MANAGEMENT DEVELOPMENT AND COMPENSATION COMMITTEE PERFORMS A COMPREHENSIVE PERFORMANCE REVIEW OF THE CORPORATE SECRETARY AND TREASURER AND MAKES RECOMMENDATIONS TO THE FULL BOARD OF DIRECTORS WITH REGARD TO MERIT AND VARIABLE COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, BUSINESS PLAN AND BUDGET, AND CORPORATE GOALS AVAILABLE TO THE PUBLIC ON ITS OFFICIAL WEBSITE WWW.NPCC.ORG. FORM 990, PART XI, LINE 9: OTHER COMPONENTS OF NET PERIODIC BENEFIT COSTS -37,861. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.