2024-11-04T13:22:10-06:00 2024-06-30 042571780 AAFCPAS INC 50 WASHINGTON STREET WESTBOROUGH MA 01581 990 2023-07-01 223041893 POWEROPTIONS INC POWE 6177378480 129 SOUTH STREET 6TH FLOOR BOSTON MA 02111 HEATHER TAKLE PRESIDENT AND CEO 6177378480 2024-10-31 1 1 DAVID KELLEHER CPA P01059560 5083669100 2024-10-31 2023 2024-10-15 13:58:12Z HEATHER TAKLE 129 SOUTH STREET 6TH FLOOR BOSTON MA 02111 6011892 0 X WWW.POWEROPTIONS.ORG X 1989 MA TO EMPOWER NON-PROFITS AND PUBLIC ENTITIES WITH SOLUTIONS TO REDUCE THE COST, CARBON, AND COMPLEXITY OF ENERGY. BY LEVERAGING THE CONSORTIUM, AND THROUGH OUR EXPERTISE AND ADVOCACY, WE ENABLE OUR MEMBERS TO FOCUS ON THEIR OWN IMPORTANT MISSIONS AND COMMUNITIES. 10 10 21 12 0 0 0 223500 3524367 4546361 265137 390162 0 0 3789504 5160023 0 219000 0 0 2426247 3211798 0 0 0 1248526 1316199 3674773 4746997 114731 413026 8290776 9756577 979935 1336817 7310841 8419760 X THE MISSION OF POWEROPTIONS IS TO EMPOWER NON-PROFITS AND PUBLIC ENTITIES WITH SOLUTIONS TO REDUCE THE COST, CARBON, AND COMPLEXITY OF ENERGY. IT LEVERAGES ITS LARGE NON-PROFIT MEMBERSHIP TO SECURE FAVORABLE PRICING TERMS AND CONDITIONS FOR ENERGY AND ALSO OFFERS ENERGY RELATED SERVICES IN THE COMPETITIVE MARKET. IN DOING SO, POWEROPTIONS HELPS ITS MEMBERS SAVE MONEY THAT CAN BE DEPLOYED IN THE FURTHERANCE OF THE MISSIONS OF THE INDIVIDUAL NON-PROFIT ORGANIZATIONS IN THE CONSORTIUM. 0 0 3193715 219000 4546361 POWEROPTIONS CONDUCTS COMPETITIVE PROCUREMENTS FOR ENERGY AND ENERGY RELATED SERVICES ON BEHALF OF THE CONSORTIUM OF MORE THAN 450 MEMBERS. THIS REQUIRES THE HIRING OF CONSULTANTS AND LEGAL SERVICES TO EVALUATE AND NEGOTIATE THE TERMS AND CONDITIONS FOR THE MEMBERS. ON AN ON-GOING BASIS, POWEROPTIONS STAFF FACILITATES THE ADMINISTRATION AND THE MARKETING OF THE PROGRAM, ASSISTS MEMBERS WITH BILLING DISPUTES WITH THE SUPPLIERS AND DEVELOPS NEW PROGRAM OPTIONS FOR THE CONSORTIUM. 3193715 0 1 0 1 0 0 0 0 0 1 0 0 0 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 0 0 0 1 23 0 1 21 1 0 0 0 0 0 0 0 0 0 0 0 0 X 10 10 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MA X X POWEROPTIONS ATTN HEATHER TAKLE 6177378480 129 SOUTH STREET 6TH FLOOR BOSTON MA 02111 HEATHER TAKLE PRESIDENT AND CEO 40.00 X 379234 0 51907 MARGARET LUSARDI EXECUTIVE VICE PRESIDENT 40.00 X 255718 0 31005 LIAM SULLIVAN VICE PRESIDENT OF MARKETING 40.00 X 170571 0 31502 RITA A MORAN GREINMAN BUSINESS DEVELOPMENT MANAGER 40.00 X 152025 0 14909 ERIN CAMP ESA PROGRAM MANAGER 40.00 X 129306 0 34611 WALTER GRAY PROGRAM MANAGER 40.00 X 136764 0 20494 PATRICIA RUSH SENIOR PROGRAM MANAGER 40.00 X 122830 0 33278 KRISTEN STELLJES SENIOR VICE PRESIDENT (AS OF 6/18/24) 40.00 X 0 0 0 JANET GAIL BESSER CHAIR 1.00 X X 0 0 0 ROBERT RUDDOCK ESQ SECRETARY & CLERK 1.00 X 0 0 0 LAURA BARTSCH VICE CHAIR 1.00 X X 0 0 0 DANA RANCOURT TRUSTEE 1.00 X 0 0 0 THOMAS E ROGERS TRUSTEE 1.00 X 0 0 0 PATRICIA BEGROWICZ TRUSTEE 1.00 X 0 0 0 BARBARA KATES-GARNICK TRUSTEE 1.00 X 0 0 0 TINA BENNETT TRUSTEE 1.00 X 0 0 0 GREG KING TRUSTEE 1.00 X 0 0 0 DAVID BOGAN TRUSTEE (AS OF 6/10/24) 1.00 X 0 0 0 ARAH SCHUUR TRUSTEE (AS OF 6/10/24) 1.00 X 0 0 0 1346448 0 217706 8 0 1 0 HOWELL ENERGY CONSULTING LLC 494 FERN STREET WEST HARTFORD CT 06107 ENERGY CONSULTANT 140520 1 223500 223500 PROGRAM SERVICE REVENUE 221000 4281979 4281979 PROGRAM PARTICIPATION FEE 211100 264382 264382 4546361 163109 163109 1078922 851869 227053 227053 227053 5160023 4546361 0 390162 219000 219000 772002 694801 77201 1884838 1193824 691014 152058 93690 58368 202801 133649 69152 200099 138120 61979 125192 86307 38885 106518 106518 30601 30601 54854 54854 413391 243180 170211 80930 78374 2556 16740 16740 115050 55244 59806 80877 72789 8088 26589 13576 13013 11707 11707 24728 24728 MISCELLANEOUS 229022 171161 57861 4746997 3193715 1553282 0 612137 560450 29676 29706 211974 522149 45977 57647 191064 177631 18488 13433 7276442 8307614 96082 265578 8290776 9756577 502605 793205 402845 307590 74485 236022 979935 1336817 X 7310841 8419760 7310841 8419760 8290776 9756577 413026 695893 0 X X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 0 0 191064 177631 13433 13433 OPERATING LEASE OBLIGATION 236022 236022 X 5801062 695893 695893 5105169 54854 54854 5160023 4692143 0 4692143 54854 54854 4746997 PART X, LINE 2: POWEROPTIONS ACCOUNTS FOR UNCERTAINTY IN INCOME TAXES IN ACCORDANCE WITH ASC TOPIC, INCOME TAXES. THIS STANDARD CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN TAX POSITIONS AND PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENTS REGARDING A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. POWEROPTIONS HAS DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS WHICH QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS AT JUNE 30, 2024. POWEROPTIONS' INFORMATION RETURNS ARE SUBJECT TO EXAMINATION BY THE FEDERAL AND STATE JURISDICTIONS. 0 ADL VENTURES ONE BOSTON PLACE SUITE 2600 BOSTON MA 02108 812698148 45000 0 RESEARCH AND DEVELOPMENT OF A FEASIBLE BUSINESS MODEL FOR A LOCALLY-OWNED RENEWABLE ENERGY CO-OP SERVING PUBLIC AND NONPROFIT ENERGY BUYERS. TOWN OF ARLINGTON MASSACHUSETTS 730 MASSACHUSETTS AVENUE ARLINGTON MA 02476 046001070 174000 0 FUNDING FOR EN ELECTRIC SCHOOL BUS DEMONSTRATION PROJECT. 1 1 X X X X X 0 0 0 0 0 0 0 0 0 HEATHER TAKLE PRESIDENT AND CEO 316354 0 62880 0 0 0 29700 0 22207 0 431141 0 0 0 MARGARET LUSARDI EXECUTIVE VICE PRESIDENT 222440 0 33278 0 0 0 23005 0 8000 0 286723 0 0 0 LIAM SULLIVAN VICE PRESIDENT OF MARKETING 156588 0 13983 0 0 0 16119 0 15383 0 202073 0 0 0 RITA A MORAN GREINMAN BUSINESS DEVELOPMENT MANAGER 138816 0 13209 0 0 0 13709 0 1200 0 166934 0 0 0 ERIN CAMP ESA PROGRAM MANAGER 117280 0 12026 0 0 0 12404 0 22207 0 163917 0 0 0 WALTER GRAY PROGRAM MANAGER 125126 0 11638 0 0 0 12494 0 8000 0 157258 0 0 0 PATRICIA RUSH SENIOR PROGRAM MANAGER 112642 0 10188 0 0 0 11071 0 22207 0 156108 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B FORM 990 REVIEW PROCESS - THE FORM 990 IS REVIEWED AND APPROVED BY THE AUDIT COMMITTEE AND IS DISTRIBUTED TO THE BOARD PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST POLICY - TRUSTEES, OFFICERS AND EMPLOYEES ARE REQUIRED TO COMPLETE AND RETURN AN ANNUAL CONFLICT DISCLOSURE QUESTIONNAIRE DISTRIBUTED BY POWEROPTIONS AND MAINTAINED IN THE ORGANIZATION'S RECORDS. FORM 990, PART VI, SECTION B, LINE 15 EXECUTIVE COMPENSATION - THE COMPENSATION COMMITTEE OF THE BOARD HAS THE RESPONSIBILITY FOR REVIEWING AND MAKING RECOMMENDATIONS TO THE BOARD FOR THE COMPENSATION OF OFFICERS OF THE ORGANIZATION. COMPENSATION IS REVIEWED PERIODICALLY. A SALARY SURVEY IS CONDUCTED BY AN INDEPENDENT THIRD-PARTY FIRM THAT USES 3RD PARTY COMPENSATION SURVEY DATA, FORM 990 REVIEWS OF COMPARABLE ORGANIZATIONS, AS WELL AS PROPRIETARY THIRD PARTY JOB EVALUATION MODELS. FORM 990, PART VI, SECTION C, LINE 19 PUBLIC AVAILABILITY OF ORGANIZATION DOCUMENTS - ALL DOCUMENTS ARE AVAILABLE UPON REQUEST WITHIN THE TIMEFRAMES AS REQUIRED. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.