Overview
What is Southwest Power Pool Inc?
Southwest Power Pool Inc, a regional transmission organization based unspecifiedly in the southwestern United States, plays a crucial role in ensuring electric reliability for its members and customers across eight states. The organization offers a range of services, including tariff administration, electric reliability coordination, regional transmission scheduling, and expansion planning. Southwest Power Pool also manages day-ahead and real-time markets, transmission congestion rights, reliability unit commitment, operating reserve market, and acts as a consolidated balancing authority. By providing these essential services, Southwest Power Pool maintains a stable and secure power grid for its community.
Official website here: www.spp.org
What are the reviews and ratings of this charity?
Southwest Power Pool Inc currently lacks a rating on Charity Navigator. The absence of a rating should not be seen as inherently positive or negative, as the organization does not qualify under Charity Navigator's framework, which applies only to 501(c)(3) nonprofits. The company is independent but does not align with available methodologies for assessment due to its organizational structure.
Charity Navigator highlights several areas in which this organization cannot be evaluated, such as Accountability & Finance, Impact & Measurement, Culture & Community, and Leadership & Adaptability, due to its non-501(c)(3) status. This limitation in evaluation may obscure a comprehensive understanding of the organization's operational effectiveness and impact.
Revenue, expenses, and salary data for key persons are also unavailable, further contributing to the challenge of assessing transparency and financial efficacy. The organization is included in IRS-published data, suggesting it is operational and compliant with some statutory requirements, yet details about its activities and governance remain sparse in public evaluations.
This AI summary has been generated from information found on Charity Navigator.
Is Southwest Power Pool Inc legitimate?
Southwest Power Pool Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Southwest Power Pool Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $10,649,239
Professional Fundraising Fees: $0
Other Salaries and Wages: $86,241,236
For more financial information, click here
Official website here: www.spp.org
What is the mission statement of Southwest Power Pool Inc?
Southwest Power Pool Inc functions as a regional transmission organization, delivering essential services to its members and customers. These offerings include tariff administration, electric reliability coordination, regional transmission scheduling, and expansion planning. In addition, they facilitate day-ahead and real-time markets, manage transmission congestion rights, ensure reliability unit commitment, and operate an addressing reserve market. They act as a consolidated balancing authority, maintaining the stability and balance of the power grid. Southwest Power Pool Inc's mission revolves around providing reliable and efficient power transmission services, ensuring the reliable delivery of electricity to its customers.
Official website here: www.spp.org
Who is the CEO of Southwest Power Pool Inc?
Barbara Sugg is the President And Ceo of Southwest Power Pool Inc. The CEO's salary of Southwest Power Pool Inc is $2,247,973 and their total compensation is $2,186,460.
Official website here: www.spp.org
What is the revenue of Southwest Power Pool Inc?
Southwest Power Pool Inc's revenue in 2022 was $249,826,324.
Official website here: www.spp.org
Who are the executives of Southwest Power Pool Inc and what are their salaries?
The average compensation at Southwest Power Pool Inc during 2022 was $134,012. There are 723 employees at Southwest Power Pool Inc.
Here are 29 key members and their salaries (Southwest Power Pool Inc's CEO's salary is $2,247,973 and their total compensation is $2,186,460):
- Compensation: $2,247,973
- Related: $0
- Other: -$61,513
- Compensation: $1,094,374
- Related: $0
- Other: -$49,534
- Compensation: $683,706
- Related: $0
- Other: $20,474
- Compensation: $680,933
- Related: $0
- Other: -$12,346
- Compensation: $662,644
- Related: $0
- Other: -$18,683
- Compensation: $555,140
- Related: $0
- Other: $66,614
- Compensation: $504,108
- Related: $0
- Other: $40,585
- Compensation: $499,073
- Related: $0
- Other: $213
- Compensation: $412,883
- Related: $0
- Other: $84,070
- Compensation: $354,012
- Related: $0
- Other: $140,629
- Compensation: $451,324
- Related: $0
- Other: $35,473
- Compensation: $450,139
- Related: $0
- Other: $9,524
- Compensation: $297,401
- Related: $0
- Other: $64,387
- Compensation: $302,281
- Related: $0
- Other: $48,289
- Compensation: $310,004
- Related: $0
- Other: $31,732
- Compensation: $295,319
- Related: $0
- Other: $35,315
- Compensation: $329,284
- Related: $0
- Other: -$804
- Compensation: $296,587
- Related: $0
- Other: $16,386
- Compensation: $303,820
- Related: $0
- Other: $7,044
- Compensation: $193,625
- Related: $0
- Other: $0
- Compensation: $164,625
- Related: $0
- Other: $0
- Compensation: $142,500
- Related: $0
- Other: $0
- Compensation: $141,500
- Related: $0
- Other: $0
- Compensation: $139,500
- Related: $0
- Other: $0
- Compensation: $125,750
- Related: $0
- Other: $0
- Compensation: $121,000
- Related: $0
- Other: $0
- Compensation: $113,500
- Related: $0
- Other: $0
- Compensation: $27,750
- Related: $0
- Other: $0
- Compensation: $22,500
- Related: $0
- Other: $0
Official website here: www.spp.org
Where can I find the form 990 for Southwest Power Pool Inc?
Southwest Power Pool Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.spp.org
Learn more at the official website: www.spp.org
Mission Statement of Southwest Power Pool Inc
Southwest Power Pool Inc, a regional transmission organization, plays a vital role in ensuring electric reliability for its members and customers. With a mission to administer tariffs and oversee electric reliability coordination, the organization enables the smooth operation of the power grid. Additionally, it is responsible for regional transmission scheduling and expansion planning, facilitating the efficient use of resources and addressing future energy needs.
In the day-to-day running of the power grid, Southwest Power Pool Inc manages day-ahead and real-time markets, ensuring a balance between supply and demand. It also handles transmission congestion rights and reliability unit commitment, ensuring the reliable operation of power plants. Moreover, the organization operates an operating reserve market, securing the necessary reserves to maintain grid stability during periods of high demand or unexpected outages. To maintain a consistent power flow, Southwest Power Pool Inc acts as a consolidated balancing authority, making adjustments as needed to keep the power grid in balance.
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Impact
October, 2024
Southwest Power Pool Inc (SPP) significantly impacts the electric power landscape by enhancing the reliability and efficiency of the transmission system across its eight-state service area. By providing independent regional security coordination, SPP facilitates the smooth operation of the electric grid, ensuring a reliable supply of electricity to its members and customers.
The organization administers tariffs, coordinating regional transmission scheduling and expansion planning, which helps optimize resource allocation and infrastructure development. With day-ahead and real-time markets, SPP fosters competitive pricing, benefiting consumers and producers alike. Their management of transmission congestion rights and operating reserve markets further enhances system reliability, effectively balancing supply and demand.
SPP's role as a consolidated balancing authority ensures that fluctuations in electricity usage are met with adequate supply, thereby reducing the likelihood of outages and enhancing overall grid stability. This comprehensive approach enables SPP to play a crucial role in supporting economic growth, environmental sustainability, and the transition to renewable energy sources within the region.
This information is meant to be a general summary of Southwest Power Pool Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $1,865,601
- Program Service Revenue: $247,270,723
- Gross Receipts: $249,826,324
Assets and Liabilities:
- Total Assets: $1,777,102,042
- Total Liabilities: $1,879,418,809
- Net Assets: -$102,316,767
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Tariff Administration Service
Revenue
$186,206,855
Fees and Assessments
Revenue
$27,391,916
Contract Services
Revenue
$15,429,536
Organization Details
Founding Year
1994
Phone
(501) 614-3200Principal Officer
Barbara Sugg
Main Address
201 Worthen Drive, Little Rock, AR, 72223
Website
www.spp.orgNTEE Category
Code: W20 - Public benefit
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