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
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 not tax deductible.
Here 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
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?
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):
- Barbara Sugg (President And Ceo) [Trustee/Director]
- Lanny Nickell (Executive Vice President And Coo)
- Paul Suskie (Executive Vice - General Counsel)
- Bruce Rew (Senior Vice President - Operations)
- Thomas Dunn (Senior Vice President Finance And Cfo)
- Michael Ross (Senior Vice President - External Affairs)
- Michael Desselle (Vice President - Process Integrity And Ccao)
- Antoine Lucas (Vice President - Engineering)
- Kelly Carney (Vice President - Human Capital & Cpo)
- Philip Bruich (Director - Markets)
- Keith Norman Collins (Executive Director - Market Monitoring)
- John Sam Ellis (Vice President, It And Chief Information Security Officer)
- Ralph Chapman Jr (Director - It Applications)
- Leonard Tao (Director - Ferc Policy)
- Bert Bressers (Director - Operations Support)
- Jerome Wild (Director - Technology & Services)
- Carlie M Brown Jr (Director - Systems Operations)
- Charles Yeung (Executive Director - Interregional Affairs)
- David Kelley Jr (Director Seams & Tariff Services)
- Larry Altenbaumer (Board Member) [Trustee/Director]
- Susan Certoma (Chair) [Trustee/Director]
- Joshua Martin (Board Member) [Trustee/Director]
- Elizabeth Moore (Vice Chair) [Trustee/Director]
- Phillip Mark Crisson (Board Member) [Trustee/Director]
- John Ben Trowbridge (Board Member) [Trustee/Director]
- Bastone Bronwen (Board Member) [Trustee/Director]
- John Cupparo (Board Member) [Trustee/Director]
- Steve Wright (Board Member) [Trustee/Director]
- Raymond Hepper (Board Member) [Trustee/Director]
Official website here: www.spp.org
Where can I find the form 990 for Southwest Power Pool Inc?
The 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.
Impact
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.
Thursday, August 15, 2024
Southwest Power Pool Inc plays a crucial role in ensuring the efficient and reliable transmission of electricity across its service region. By providing services such as tariff administration, electric reliability coordination, transmission scheduling, market operations, and more, SPP helps to maintain the stability of the power grid and facilitate the smooth operation of the electricity market. Its efforts contribute to the overall resilience and sustainability of the energy sector in the southwestern states it serves.
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.
- Assets and Liabilities:
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) 614-3200
Principal Officer
Barbara Sugg
Main Address
201 Worthen Drive, Little Rock, AR, 72223
Website
www.spp.org
NTEE Category
Code: W20 - Public benefit
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