Overview
What is Western Power Trading Forum?
The Western Power Trading Forum is a nonprofit organization situated in Sacramento, California, with the primary objective of reducing electricity costs for consumers in the western region and maintaining a robust power grid. They achieve this by fostering competitive electricity markets across various western states, establishing uniform operating rules to facilitate transactions among market participants, and establishing a vital energy market. The forum serves as an information clearinghouse for its members, actively tracking and analyzing regulatory proceedings at local, regional, and national levels. Additionally, it provides a unified voice to influence the development of market structures in the region, promoting sound public policy and supporting information dissemination.
Official website here: www.wptf.org
Is Western Power Trading Forum legitimate?
Western Power Trading Forum is a legitimate nonprofit organization registered as a 501(c)(6) entity. Western Power Trading Forum 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: $300,344
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.wptf.org
What is the mission statement of Western Power Trading Forum?
The Western Power Trading Forum was established with the mission to foster the growth of a competitive electricity market. To achieve this, the organization encourages the formulation of sound public policies, promotes the collection and dissemination of relevant information, endorses and advocates for specific criteria, serves as a public platform, and supports the implementation of these policies. All these activities aim to create competitive electricity markets.
Official website here: www.wptf.org
Who is the CEO of Western Power Trading Forum?
Jenifer Mcdonald is the Executive Director of Western Power Trading Forum.
Official website here: www.wptf.org
What is the revenue of Western Power Trading Forum?
Western Power Trading Forum's revenue in 2022 was $2,292,398.
Official website here: www.wptf.org
Who are the executives of Western Power Trading Forum and what are their salaries?
Here are 16 key members and their salaries:
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Official website here: www.wptf.org
Where can I find the form 990 for Western Power Trading Forum?
Western Power Trading Forum's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.wptf.org
Learn more at the official website: www.wptf.org
Mission Statement of Western Power Trading Forum
The Western Power Trading Forum was established with a mission to foster the growth of a competitive electricity market. To achieve this goal, the forum promotes the establishment of sound public policies, encourages the collection and dissemination of relevant information, and advocates for specific criteria. In addition, the forum serves as a public platform for discussions and supports the development of competitive electricity markets through its public policy initiatives. By carrying out these activities, the Western Power Trading Forum aims to contribute to the development of a competitive electricity market, ultimately benefiting consumers and market participants alike.
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Impact
October, 2024
The Western Power Trading Forum (WPTF) significantly impacts the development of competitive electricity markets across the western states of the U.S. By focusing on establishing uniform operating rules, WPTF facilitates smoother transactions among market participants, which ultimately enhances competition and efficiency in electricity pricing.
Additionally, WPTF acts as an information clearinghouse, tracking and analyzing regulatory proceedings at various governmental levels. This role empowers its members by keeping them informed of changes that could affect market operations, thereby influencing policy decisions.
Through its unified voice, WPTF also advocates for sound public policy that supports the establishment of competitive markets. These efforts aim to lower the long-term costs of electricity for consumers while maintaining high levels of system reliability, positioning WPTF as a key player in shaping the future of energy markets in the region.
This information is meant to be a general summary of Western Power Trading Forum. 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: $54
- Program Service Revenue: $2,292,344
- Gross Receipts: $2,292,398
Assets and Liabilities:
- Total Assets: $1,353,004
- Total Liabilities: $970,060
- Net Assets: $382,944
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ADVOCACY FEES
Revenue
$1,462,852
MEMBERSHIP DUES
Revenue
$767,958
MEMBERSHIP MEETINGS
Revenue
$61,534
Organization Details
Founding Year
1998
Phone
(916) 333-2364Principal Officer
Jenifer Mcdonald
Main Address
1540 RIVER PARK DRIVE 211, SACRAMENTO, CA, 95815
Website
www.wptf.orgNTEE Category
Code: S40 - Community improvement
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