Nonprofit · EIN 23-7175375
ELECTRIC POWER RESEARCH INSTITUTE INC
Tax-exempt · PALO ALTO, CA 94304
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $503,197,591 | $516,331,444 | -$13,133,853 | $401,886,494 | $263,175,460 | $138,711,034 |
| December 31, 2023 | 990 | $478,660,003 | $498,259,253 | -$19,599,250 | $427,770,166 | $276,349,986 | $151,420,180 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $488,718,548
- Investment income
- $12,882,241
- Royalties
- $419,821
- Net gain from sales of assets
- $1,721,529
- Other revenue
- $1,596,802
Expenses
- Grants and similar amounts paid
- $874,475
- Compensation of officers, directors and key employees
- $16,222,058
- Other salaries and wages
- $183,326,148
- Salaries, compensation and benefits (total)
- $280,325,032
- Professional fundraising fees
- $0
- Legal fees
- $2,334,133
- Accounting fees
- $397,789
- Occupancy
- $6,438,962
- Travel
- $19,353,190
- Depreciation
- $9,444,276
- Program services (functional)
- $361,853,584
- Management and general (functional)
- $154,477,860
Balance sheet and other
- Total assets, start of year
- $427,770,166
- Total assets, end of year
- $401,886,494
- Total liabilities, end of year
- $263,175,460
- Net assets, end of year
- $138,711,034
- Land, buildings and equipment
- $78,855,263
- Net assets without donor restrictions
- $138,711,034
- Gross unrelated business income
- $78,919,815
- Gross receipts
- $852,795,262
- Employees
- 1,475
- Volunteers
- 0
- Year formed
- 1972
- State of legal domicile
- DC
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| ARSHAD MANSOOR | PRESIDENT & CHIEF EXECUTIVE OFFICER Officer | 40 | $2,132,369 | $737,890 |
| ROBERT N CHAPMAN | SVP ENERGY DELIVERY & CUST. SOLN. Officer | 40 | $805,823 | $352,590 |
| NEIL M WILMSHURST-SVP ENERGY | SYSTEMS RESOURCE & CHIEF NUC OFFICER Officer | 40 | $854,763 | $247,125 |
| NEVA ESPINOZA | VP LOW CARBON RESOURCE Officer | 40 | $772,467 | $210,812 |
| DANIEL BROOKS | VP INTEGRATED GRID Officer | 40 | $631,353 | $231,517 |
| JACQUELINE ROSATI | VP GEN COUNL, CCO & SECRETARY Officer | 40 | $637,189 | $189,397 |
| ANDREW J PHILLIPS | VP TRANSMISSION & DISTRIBUTION Officer | 40 | $628,886 | $176,528 |
| CATHERINE JEREZA | VP CORPORATE AFFAIRS (THRU 3/24) Officer | 40 | $706,059 | $8,963 |
| SWATI DAJI | EVP, CFO, RISK & OPS. OFC (BEG 4/24) Officer | 40 | $387,653 | $308,765 |
| ADJA BA | VP OF HUMAN RESOURCES & DIVERSITY Officer | 40 | $468,081 | $159,193 |
| DAVID LINDSEY | VP INFO TECH & CIO Officer | 40 | $442,257 | $152,155 |
| DAVID PORTER-VP ELECTRIFICATION | & SUSTAINABLE ENERGY STRATEGY Officer | 40 | $492,567 | $81,710 |
| STEVEN M SWILLEY | VP NUC & DEPUTY CHIEF NUC OFFICER Officer | 40 | $497,945 | $72,809 |
| CHARLES KINGERY | VP CHIEF INFO SECURITY OFFICER Officer | 40 | $439,246 | $76,036 |
| TINA TAYLOR | SENIOR DIRECTOR, NUCLEAR Highest-paid employee | 40 | $408,917 | $64,147 |
54 more people on this return
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| VOLKER PASTERNAK | SENIOR DIRECTOR, LEGAL Highest-paid employee | 40 | $402,359 | $51,121 |
| PAMELA J KEEFE | SVP CFO & TREASURER (THRU 3/24) Officer | 40 | $413,497 | $31,748 |
| THOMAS WILSON | TECHNICAL EXECUTIVE, PRINCIPAL Highest-paid employee | 40 | $369,497 | $71,688 |
| RANDAL STARK | DIRECTOR, NUCLEAR MATERIALS Highest-paid employee | 40 | $356,127 | $40,436 |
| RITU BATRA | DIRECTOR, BUSINESS TECH SOLUTIONS Highest-paid employee | 40 | $336,840 | $38,490 |
| JANIS G MENDELSON | ASSISTANT CORP SECRETARY Officer | 40 | $160,926 | $26,939 |
| IVAN DIXON | VP FINANCE AND ACCOUNTING Officer | 40 | $80,760 | $14,800 |
| SHERINA MAYE EDWARDS | DIRECTOR (THRU 11/24) Trustee or director | 1 | $9,598 | $0 |
| YANCY LINDSEY | DIRECTOR (BEG 4/24) Trustee or director | 1 | $9,481 | $0 |
| NAT KEOHANE | DIRECTOR Trustee or director | 1 | $6,693 | $0 |
| CLARA POLETTI | DIRECTOR (BEG 4/24) Trustee or director | 1 | $5,587 | $0 |
| DENNIS V MCGINN | DIRECTOR (THRU 4/24) Trustee or director | 1 | $5,000 | $0 |
| TIMOTHY C LIEUWEN | DIRECTOR (BEG 4/24) Trustee or director | 1 | $3,071 | $0 |
| MARIA POPE | CHAIR (THRU 4/24); DIRECTOR Trustee or director, Officer | 1 | $0 | $0 |
| VINCENT SORGI - 1ST V CHAIR | (THRU 4/24); CHAIR (BEG 4/24) Trustee or director, Officer | 1 | $0 | $0 |
| THOMAS J KENT | 1ST V. CHAIR (BEG 4/24); DIRECTOR Trustee or director, Officer | 1 | $0 | $0 |
| DAVID CAMPBELL | 2ND V. CHAIR (THRU 4/24); DIRECTOR Trustee or director, Officer | 1 | $0 | $0 |
| MICHAEL A INNOCENZO | 2ND V. CHAIR (BEG 4/24); DIRECTOR Trustee or director, Officer | 1 | $0 | $0 |
| AHMED ALI AL-EBRAHIM | DIRECTOR (BEG 4/24) Trustee or director | 1 | $0 | $0 |
| CHRISTIAN T BEAM | DIRECTOR (THRU 11/24) Trustee or director | 1 | $0 | $0 |
| JOHN R BEAR | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ANTHONY CAMPBELL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| STANLEY W CONNALLY JR | DIRECTOR (THRU 4/24) Trustee or director | 1 | $0 | $0 |
| JOSEPH DOMINGUEZ | DIRECTOR (BEG 4/24) Trustee or director | 1 | $0 | $0 |
| JUSTIN E DRISCOLL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DAN FORD | DIRECTOR (THRU 4/24) Trustee or director | 1 | $0 | $0 |
| JEFFREY B GULDNER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JOHN L HAIRSTON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| BARBARA HAMPTON | DIRECTOR (BEG 4/24) Trustee or director | 1 | $0 | $0 |
| PADDY HAYES | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JAY HORINE | DIRECTOR (BEG 4/24) Trustee or director | 1 | $0 | $0 |
| DAVID HUTCHENS | DIRECTOR (BEG 4/24) Trustee or director | 1 | $0 | $0 |
| ALICE JACKSON | INTERIM DIRECTOR (BEG 4/24) Trustee or director | 1 | $0 | $0 |
| MATTHEW KETSCHKE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| RALPH LAROSSA | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JOHN O LARSEN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| PAUL LAU | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MICHAEL MOEHN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DON MOUL | DIRECTOR (BEG 11/24) Trustee or director | 1 | $0 | $0 |
| BHEKI NXUMALO | DIRECTOR Trustee or director | 1 | $0 | $0 |
| PATRICK O'LOUGHLIN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JOHN PETTIGREW | DIRECTOR (THRU 4/24) Trustee or director | 1 | $0 | $0 |
| PATRICIA K POPPE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| STEVEN POWELL | DIRECTOR (BEG 4/24) Trustee or director | 1 | $0 | $0 |
| JIM PRATT | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MICHAEL W RENCHECK | DIRECTOR (THRU 4/24) Trustee or director | 1 | $0 | $0 |
| BERNARD SALHA | DIRECTOR Trustee or director | 1 | $0 | $0 |
| BRIAN SAVOY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| SCOTT W H SEU | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JOHN M THOMAS III | DIRECTOR (THRU 10/24) Trustee or director | 1 | $0 | $0 |
| DAVID J TUDOR | DIRECTOR (THRU 4/24) Trustee or director | 1 | $0 | $0 |
| ENRICO VIALE | DIRECTOR (THRU 1/24) Trustee or director | 1 | $0 | $0 |
| JOOHO WHANG | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CHRIS WOMACK | INTERIM DIRECTOR (BEG 4/24) Trustee or director | 1 | $0 | $0 |
990 for the year ended December 31, 2023: 65 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| ARSHAD MANSOOR | PRESIDENT & CHIEF EXECUTIVE OFFICER Officer | 40 | $2,107,021 | $627,439 |
| PAMELA J KEEFE | SVP CFO AND TREASURER Officer | 40 | $878,192 | $354,719 |
| NEIL M WILMSHURST-SVP ENERGY | SYSTEMS RESOURCE & CHIEF NUC OFFICER Officer | 40 | $813,951 | $212,454 |
| ROBERT N CHAPMAN | SVP ENERGY DELIVERY & CUST. SOLN. Officer | 40 | $719,424 | $217,913 |
| NEVA ESPINOZA | VP LOW CARBON RESOURCE Officer | 40 | $523,706 | $254,121 |
| ANDREW J PHILLIPS | VP TRANSMISSION & DISTRIBUTION Officer | 40 | $596,507 | $162,782 |
| DANIEL BROOKS | VP INTEGRATED GRID Officer | 40 | $574,757 | $162,794 |
| JACQUELINE ROSATI | VP GEN COUNL, CCO & SECRETARY Officer | 40 | $521,290 | $171,344 |
| CATHERINE JEREZA | VP CORPORATE AFFAIRS Officer | 40 | $493,109 | $131,120 |
| DAVID LINDSEY | VP INFO TECH & CIO Officer | 40 | $469,811 | $151,950 |
| STEVEN M SWILLEY | VP NUC & DEPUTY CHIEF NUC OFFICER Officer | 40 | $497,358 | $70,006 |
| DAVID PORTER-VP ELECTRIFICATION | & SUSTAINABLE ENERGY STRATEGY Officer | 40 | $461,611 | $70,888 |
| TINA TAYLOR | SENIOR DIRECTOR, NUCLEAR Highest-paid employee | 40 | $410,299 | $61,723 |
| CHARLES KINGERY | VP CHIEF INFO SECURITY OFFICER Officer | 40 | $392,467 | $70,138 |
| VOLKER PASTERNAK | SENIOR DIRECTOR, LEGAL Highest-paid employee | 40 | $383,381 | $47,996 |
| THOMAS WILSON | TECHNICAL EXECUTIVE, PRINCIPAL Highest-paid employee | 40 | $392,036 | $38,238 |
| RANDAL STARK | DIRECTOR, NUCLEAR MATERIALS Highest-paid employee | 40 | $375,535 | $39,432 |
| RITU BATRA | DIRECTOR, BUSINESS TECH SOLUTIONS Highest-paid employee | 40 | $371,913 | $37,100 |
| MAME BA - VP OF HUMAN | RESOURCES & DIVERSITY (BEG 02/23) Officer | 40 | $233,505 | $107,930 |
| JANIS G MENDELSON | ASSISTANT CORP SECRETARY Officer | 40 | $160,431 | $25,522 |
| DENNIS V MCGINN | DIRECTOR Trustee or director | 1 | $7,250 | $0 |
| ARUN MAJUMDAR | DIRECTOR (THRU 08/23) Trustee or director | 1 | $5,000 | $0 |
| SHERINA MAYE EDWARDS | DIRECTOR Trustee or director | 1 | $750 | $0 |
| DAN FORD | DIRECTOR Trustee or director | 1 | $750 | $0 |
| MARIA POPE - 1ST V CHAIR | (THRU 4/23); CHAIR (BEG 4/23) Trustee or director, Officer | 1 | $0 | $0 |
| VINCENT SORGI - 2ND V CHAIR | (THRU 4/23); 1ST V. CHAIR (BEG 4/23) Trustee or director, Officer | 1 | $0 | $0 |
| DAVID CAMPBELL - DIRECTOR | (THRU 4/23); 2ND V. CHAIR (BEG 4/23) Trustee or director, Officer | 1 | $0 | $0 |
| WARNER L BAXTER | DIRECTOR (THRU 11/23) Trustee or director | 1 | $0 | $0 |
| CHRISTIAN T BEAM | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JOHN R BEAR | DIRECTOR Trustee or director | 1 | $0 | $0 |
| SAMUEL L BELCHER | DIRECTOR (THRU 05/23) Trustee or director | 1 | $0 | $0 |
| ANTHONY CAMPBELL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| BRETT C CARTER | DIRECTOR (THRU 12/23) Trustee or director | 1 | $0 | $0 |
| SHERYL CARTER | DIRECTOR (THRU 04/23) Trustee or director | 1 | $0 | $0 |
| STANLEY W CONNALLY JR - CHAIR | (THRU 4/23); DIRECTOR (BEG 4/23) Trustee or director | 1 | $0 | $0 |
| JUSTIN E DRISCOLL | DIRECTOR (BEG 04/23) Trustee or director | 1 | $0 | $0 |
| JEFFREY B GULDNER | DIRECTOR (BEG 04/23) Trustee or director | 1 | $0 | $0 |
| JOHN L HAIRSTON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| PADDY HAYES | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MICHAEL HUMMEL | DIRECTOR (THRU 05/23) Trustee or director | 1 | $0 | $0 |
| MICHAEL A INNOCENZO | DIRECTOR Trustee or director | 1 | $0 | $0 |
| THOMAS J KENT | DIRECTOR Trustee or director | 1 | $0 | $0 |
| NAT KEOHANE | DIRECTOR (BEG 04/23) Trustee or director | 1 | $0 | $0 |
| MATTHEW KETSCHKE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| RALPH LAROSSA | DIRECTOR (BEG 11/23) Trustee or director | 1 | $0 | $0 |
| JOHN O LARSEN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| PAUL LAU | DIRECTOR (BEG 11/23) Trustee or director | 1 | $0 | $0 |
| MICHAEL MOEHN | DIRECTOR (BEG 11/23) Trustee or director | 1 | $0 | $0 |
| MARIE-JOSE NADEAU | DIRECTOR (THRU 08/23) Trustee or director | 1 | $0 | $0 |
| BHEKI NXUMALO | DIRECTOR (BEG 11/23) Trustee or director | 1 | $0 | $0 |
| JAN OBERHOLZER | DIRECTOR (THRU 07/23) Trustee or director | 1 | $0 | $0 |
| PATRICK O'LOUGHLIN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JOHN PETTIGREW | DIRECTOR Trustee or director | 1 | $0 | $0 |
| PEDRO J PIZARRO | DIRECTOR (THRU 08/23) Trustee or director | 1 | $0 | $0 |
| PATRICIA K POPPE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JIM PRATT | DIRECTOR (BEG 11/23) Trustee or director | 1 | $0 | $0 |
| MICHAEL W RENCHECK | DIRECTOR Trustee or director | 1 | $0 | $0 |
| BERNARD SALHA | DIRECTOR Trustee or director | 1 | $0 | $0 |
| BRIAN SAVOY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| SCOTT W H SEU | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DEBRA SMITH | DIRECTOR (THRU 11/23) Trustee or director | 1 | $0 | $0 |
| JOHN M THOMAS III | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DAVID J TUDOR | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ENRICO VIALE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JOOHO WHANG | DIRECTOR Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 3420 HILLVIEW AVE, PALO ALTO, CA 94304-1355
- In care of
- % ARSHAD MANSOOR
- Principal officer (990 for 2024)
- ARSHAD MANSOOR, 3420 HILLVIEW AVENUE, PALO ALTO, CA 94304
- Signed the 990
- SWATI DAJI, EVP, CFO, RISK & OPS. OFFICER
- Phone
- (650) 855-2000
- Website
- WWW.EPRI.COM
- Return prepared by
- GRANT THORNTON ADVISORS LLC
California records
California keeps its own records of charities and corporations. Search them by EIN 23-7175375 or by the name ELECTRIC POWER RESEARCH INSTITUTE INC.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
Mission
SEE SCHEDULE O
Program accomplishments
- EPRI'S MISSION IS TO CONDUCT RESEARCH & DEVELOPMENT THROUGH SCIENCE AND TECHNOLOGY WITH A VIEW OF PROVIDING BENEFITS TO ITS MEMBERS' CUSTOMERS AND THE U.S. PUBLIC. TO ACCOMPLISH THIS OBJECTIVE, EPRI DEVELOPS AND MANAGES RESEARCH AND DEVELOPMENT PROGRAMS FOR IMPROVING ENERGY GENERATION, DELIVERY AND USAGE. PROGRAM SERVICE EXPENSES ARE DIRECT CHARGES TO THE RESEARCH PROGRAMS. CERTAIN INDIRECT EXPENSES ARE INCLUDED IN THE MANAGEMENT AND GENERAL EXPENSE CATEGORY, AS EPRI DOES NOT SEPARATE THESE EXPENSES FOR FINANCIAL ACCOUNTING PURPOSES.Expenses $361,853,584 · grants $874,475 · revenue $410,975,714
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 23-7175375
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1972
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Public and societal benefit (W050)
- Assets (IRS master file)
- $401,886,494
- Income (IRS master file)
- $852,795,262
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $503,197,591 | $516,331,444 | $401,886,494 | IRS |
| 990-T | December 2024 | – | – | – | IRS |
| 990 | December 2023 | $478,660,003 | $498,259,253 | $427,770,166 | XML |
| 990-T | December 2023 | – | – | – | IRS |
| 990 | December 2022 | $445,795,227 | $461,607,672 | $465,979,318 | IRS |
| 990-T | December 2022 | – | – | – | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990-T | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990-T | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 23-7175375).
Questions about ELECTRIC POWER RESEARCH INSTITUTE INC
- What is the EIN of ELECTRIC POWER RESEARCH INSTITUTE INC?
- The employer identification number (EIN) of ELECTRIC POWER RESEARCH INSTITUTE INC is 23-7175375.
- Is ELECTRIC POWER RESEARCH INSTITUTE INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1972.
- Are donations to ELECTRIC POWER RESEARCH INSTITUTE INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does ELECTRIC POWER RESEARCH INSTITUTE INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of ELECTRIC POWER RESEARCH INSTITUTE INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did ELECTRIC POWER RESEARCH INSTITUTE INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of ELECTRIC POWER RESEARCH INSTITUTE INC?
- The 990 for the year ended December 31, 2024 names ARSHAD MANSOOR.
- Who are the officers and directors of ELECTRIC POWER RESEARCH INSTITUTE INC?
- The 990 for the year ended December 31, 2024 lists 69 people; 28 received compensation from the organization, the highest $2,132,369 (ARSHAD MANSOOR, PRESIDENT & CHIEF EXECUTIVE OFFICER).
- How much revenue does ELECTRIC POWER RESEARCH INSTITUTE INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $503,197,591, expenses of $516,331,444 and total assets of $401,886,494 at year end.
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