Overview
What is Southwestern Power Resources Association Inc?
Southwestern Power Resources Association Inc, based in Tulsa, Oklahoma, is a nonprofit organization primarily focused on advocating for its consumer and member-owners. They have a strategic alliance with the Southwestern Power Administration, enabling them to prioritize the procurement of federal power. The association's mission involves safeguarding the interests of its members and ensuring they receive favorable terms in the purchase of federal power. Additionally, Southwestern Power Resources Association Inc has worked to protect federal hydroelectric customers from potential liabilities and unfavorable legislation. Their activities include facilitating revisions in existing agreements, ensuring the continuation of customer funding for US Army Corps projects, and advocating for the protection of federal hydroelectric customers' interests. The organization operates with a modest workforce of two individuals.
Official website here: www.sprahydro.com
Is Southwestern Power Resources Association Inc legitimate?
Southwestern Power Resources Association Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Southwestern Power Resources Association 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: $378,968
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.sprahydro.com
What is the mission statement of Southwestern Power Resources Association Inc?
The Southwestern Power Resources Association Inc serves as an association for consumer and member-owners, providing them with a preference in the purchase of federal power from the Southwestern Power Administration. Their mission involves facilitating revisions in an existing agreement, allowing customer funding for US Army Corps projects, operations, and maintenance at hydropower projects. The association advocates for the protection of federal hydroelectric customers from liabilities arising from unused federal authorizations for the construction of new or upgraded transmission lines. Furthermore, they safeguard their customers from any potential new legislation that might be enacted.
Official website here: www.sprahydro.com
Who is the CEO of Southwestern Power Resources Association Inc?
Nicki Fuller is the Executive Director of Southwestern Power Resources Association Inc.
Official website here: www.sprahydro.com
What is the revenue of Southwestern Power Resources Association Inc?
Southwestern Power Resources Association Inc's revenue in 2022 was $633,880.
Official website here: www.sprahydro.com
Who are the executives of Southwestern Power Resources Association Inc and what are their salaries?
The average compensation at Southwestern Power Resources Association Inc during 2022 was $189,484. There are 2 employees and 13 volunteers at Southwestern Power Resources Association Inc.
Here are 15 key members and their salaries:
- Compensation: $210,743
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- Other: $79,035
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Official website here: www.sprahydro.com
Where can I find the form 990 for Southwestern Power Resources Association Inc?
Southwestern Power Resources Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.sprahydro.com
Learn more at the official website: www.sprahydro.com
Mission Statement of Southwestern Power Resources Association Inc
Southwestern Power Resources Association Inc, an association of consumer and member-owners, is dedicated to securing a preference in the procurement of federal power from the Southwestern Power Administration. This organization's mission is centered around ensuring that its members have a competitive edge in obtaining federal power resources. By being part of this association, members can leverage their collective influence to gain favorable purchasing terms for their energy needs from the Southwestern Power Administration. The association's activities are focused on maintaining existing agreements, advocating for the protection of federal hydroelectric power customers, and shielding them from potential liabilities or unfavorable legislative changes.
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Impact
October, 2024
Southwestern Power Resources Association Inc has made a significant impact on the energy landscape for its members by ensuring access to federal power resources from the Southwestern Power Administration. By facilitating revisions to critical agreements, the Association enables ongoing funding for U.S. Army Corps projects related to hydropower, ensuring the necessary operations and maintenance for these facilities.
Additionally, the Association plays a vital role in advocating for the interests of its members against potential liabilities arising from federal authorizations for new or upgraded transmission lines. By actively engaging in legislative matters, it protects its members from unfavorable new laws that could impact their access to hydropower, thus promoting stability and security in energy procurement.
This continuous engagement fosters a collaborative environment where member-owners can effectively navigate the complexities of federal power purchasing, ultimately contributing to community improvement and energy independence in the region.
This information is meant to be a general summary of Southwestern Power Resources Association 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: $9,915
- Program Service Revenue: $623,965
- Gross Receipts: $633,880
Assets and Liabilities:
- Total Assets: $159,254,833
- Total Liabilities: $158,771,243
- Net Assets: $483,590
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES & ASSESSMENTS
Revenue
$619,865
ANNUAL MEETINGS
Revenue
$4,100
Organization Details
Founding Year
1976
Phone
(918) 622-7800Principal Officer
Nicki Fuller
Main Address
15 West 6th St Ste 1310, Tulsa, OK, 74119
Website
www.sprahydro.comNTEE Category
Code: S40 - Community improvement
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