2019-11-13T16:07:00-06:00 2018-12-31 910189318 MOSS ADAMS LLP 805 SW BROADWAY STE 1200 PORTLAND OR 97205 990 2018-01-01 463889916 PEAK RELIABILITY PEAK 3602132670 7600 NE 41ST STREET NO 150 VANCOUVER WA 98662 MARIE JORDAN PRESIDENT & CEO 3602132670 2019-11-13 1 WENDY CAMPOS P00448102 5032421447 2019-11-13 12.129.4.210 2019-11-13 13:56:11 PS P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 94302E12F8DA8C1D841577056D0A0625F22C54D1 2018 2020-04-17 16:48:07Z MARIE JORDAN 7600 NE 41ST STREET NO 150 VANCOUVER WA 98662 47031158 0 X WWW.PEAKRC.COM X 2013 UT MONITORING THE RELIABILITY OF THE WESTERN ELECTRIC GRID. 6 6 183 0 0 0 119305 0 46700554 46908053 997 37433 0 0 46820856 46945486 0 0 0 0 30757429 36696499 0 0 0 14845383 13619067 45602812 50315566 1218044 -3370080 72392122 83780403 53108828 67867189 19283294 15913214 MONITORING THE RELIABILITY OF THE WESTERN ELECTRIC GRID. 0 0 39727907 46908053 PEAK RELIABILITY'S COORDINATION OFFICES PROVIDED SITUATIONAL AWARENESS AND REAL-TIME MONITORING OF THE RELIABILITY COORDINATOR AREA WITHIN THE WESTERN INTERCONNECTION. 39727907 0 0 0 1 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 33 0 1 183 1 0 0 0 0 0 0 0 0 X 6 6 0 0 0 0 1 1 1 1 1 1 0 0 1 1 1 1 0 1 1 0 UT X MARIE JORDAN LLC 3609770053 PO BOX 5739 VANCOUVER WA 98668 JOHN C PROCARIO CHAIR 8.00 X X 102000 0 0 THOMAS B KING VICE CHAIR 8.00 X X 95000 0 0 LINDA A CAPUANO DIRECTOR 8.00 X 325 0 0 F JOHN MEYER DIRECTOR 8.00 X 90000 0 0 B TIMOTHY GAGE DIRECTOR 8.00 X 95000 0 0 BRIAN SILVERSTEIN DIRECTOR 8.00 X 90000 0 0 MERCEDES WALTON DIRECTOR 8.00 X 91431 0 0 MARIE JORDAN PRESIDENT & CEO 40.00 X 689483 0 289440 RICHARD GARLISH - SVP FOR LEGAL STRATEGY, GENERAL COUNSEL & CCO 40.00 X 360926 0 154959 MATTHEW YATES INTERIM GENERAL COUNSEL 40.00 X 60599 0 12828 SHELBY BELL DIRECTOR OF FINANCE & ACCOUNTING 40.00 X 331533 0 108258 CORRIE BILKE - CORPORATE SECRETARY & DEPUTY GENERAL COUNSEL 40.00 X 221386 0 88175 TERRY BAKER MANAGING DIRECTOR OF OPERATIONS 40.00 X 394585 0 123729 BRETT WANGEN CHIEF ENGINEERING & TECH OFFICER 40.00 X 458249 0 145545 PETE HOELSCHER VP OF STRATEGY 40.00 X 328857 0 147736 KIRK STEWART SR DIRECTOR OF SOLUTION ARCHITECTURE 40.00 X 364969 0 126577 REGANA DAVIS DIRECTOR OF HUMAN RESOURCES 40.00 X 228215 0 105551 RACHEL SHERRARD VP OF COMMUNICATIONS 40.00 X 333087 0 120669 SCOTT DOWNEY DIRECTOR OF COMPLIANCE 40.00 X 234829 0 98451 ANTHONY BURT RELIABILITY COORDINATION MANAGER 40.00 X 218931 0 87460 SAAD MALIK DIRECTOR OF ENGINEERING 40.00 X 229639 0 98220 GARETH LIM DIRECTOR OF INFORMATION TECHNOLOGY 40.00 X 238185 0 127097 JOHN STOUT FORMER DIRECTOR, PRESIDENT & CEO 0.00 X 90000 0 0 5347229 0 1834695 124 1 1 0 GE GRID SOLUTIONS PO BOX 88808 CHICAGO IL 606951808 CONSULTING 1013780 EVEREST CONSULTANTS INC 1500 NW BETHANY BLVD STE 235 BEAVERTON OR 97006 CONSULTING 374620 ALLIED UNIVERSAL SECURITY SERVICES PO BOX 31001-2374 PASADENA CA 911102374 CONSULTING 178535 ATLAS STRATEGIC COMMINICATIONS 168 N 9TH ST STE 200 BOISE ID 83702 CONSULTING 143281 VAN NESS FLEDMAN LLP 1050 THOMAS JEFFERSON ST NW WASHINGTON DC 200073877 LEGAL SERVICES 135567 7 ANNUAL ASSESSMENTS 900099 44596829 44596829 OTHER ASSESSMENTS 900099 2311224 2311224 46908053 123105 123105 85672 -85672 -85672 -85672 46945486 46908053 0 37433 5843621 1664467 4179154 24421635 22624905 1796730 2176055 1842486 333569 2577326 1918220 659106 1677862 1498500 179362 285703 123131 162572 84147 84147 779126 445659 333467 5245668 5094097 151571 1339236 1339236 518261 411108 107153 262127 103694 158433 3614656 3237144 377512 83984 83984 CONSULTING 1057200 701782 355418 OTHER TAXES 348959 62714 286245 50315566 39727907 10587659 0 8984326 9629591 32760622 42683009 23180196 25816935 973804 1580142 28243510 24390784 6378614 3852726 114560 218000 72392122 83780403 3605177 3448008 46694083 57591337 2809568 6827844 53108828 67867189 X 19283294 15913214 19283294 15913214 72392122 83780403 -3370080 0 X 0 1 X 1 0 0 1 0 6268797 5875185 393612 10848160 9058981 1789179 11126553 9456618 1669935 3852726 OTHER LIABILITIES 6827844 6827844 X 33535243 0 33535243 13410243 13410243 46945486 33261547 0 33261547 17054019 17054019 50315566 PART X, LINE 2: PEAK IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER INTERNAL REVENUE CODE (IRC) SECTION 501(C)(4) EXCEPT TO THE EXTENT OF UNRELATED BUSINESS TAXABLE INCOME AS DEFINED UNDER IRC SECTIONS 511 THROUGH 515. PEAK RECOGNIZES THE TAX BENEFIT FROM UNCERTAIN TAX POSITIONS ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITIONS WILL BE SUSTAINED ON EXAMINATION BY THE TAX AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITION. THE TAX BENEFIT IS MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50% LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. PEAK RECOGNIZES INTEREST AND PENALTIES RELATED TO INCOME TAX MATTERS, IF ANY, IN OPERATING EXPENSES. PEAK HAD NO UNRECOGNIZED TAX BENEFITS AT DECEMBER 31, 2018 OR 2017. NO INTEREST AND PENALTIES WERE ACCRUED FOR THE YEARS ENDED DECEMBER 31, 2018 OR 2017. PEAK FILES AN EXEMPT ORGANIZATION RETURN IN THE U.S. FEDERAL JURISDICTION. PART XI, LINE 4B - OTHER ADJUSTMENTS: MID-YEAR CONVERSION TO LIQUIDATION BASIS FOR BOOK (REVENUE FOR TAX NOT BOOK) 13,410,243. PART XII, LINE 4B - OTHER ADJUSTMENTS: MID-YEAR CONVERSION TO LIQUIDATION BASIS FOR BOOK (EXPENSE FOR TAX NOT BOOK) 17,054,019. X 1 1 X X 0 0 0 0 0 0 0 1 0 MARIE JORDAN PRESIDENT & CEO 468409 0 220000 0 1074 0 276500 0 12940 0 978923 0 220000 0 RICHARD GARLISH - SVP FOR LEGAL STRATEGY, GENERAL COUNSEL & CCO 291038 0 69618 0 270 0 125590 0 29369 0 515885 0 62620 0 SHELBY BELL DIRECTOR OF FINANCE & ACCOUNTING 217975 0 113164 0 394 0 85262 0 22996 0 439791 0 113164 0 CORRIE BILKE - CORPORATE SECRETARY & DEPUTY GENERAL COUNSEL 221224 0 0 0 162 0 78685 0 9490 0 309561 0 0 0 TERRY BAKER MANAGING DIRECTOR OF OPERATIONS 225513 0 167834 0 1238 0 99281 0 24448 0 518314 0 167834 0 BRETT WANGEN CHIEF ENGINEERING & TECH OFFICER 279272 0 178707 0 270 0 116145 0 29400 0 603794 0 178707 0 PETE HOELSCHER VP OF STRATEGY 251800 0 76416 0 641 0 113009 0 34727 0 476593 0 69426 0 KIRK STEWART SR DIRECTOR OF SOLUTION ARCHITECTURE 204885 0 159164 0 920 0 94123 0 32454 0 491546 0 159164 0 REGANA DAVIS DIRECTOR OF HUMAN RESOURCES 186323 0 41538 0 354 0 75043 0 30508 0 333766 0 41538 0 RACHEL SHERRARD VP OF COMMUNICATIONS 204651 0 127662 0 774 0 94344 0 26325 0 453756 0 127662 0 SCOTT DOWNEY DIRECTOR OF COMPLIANCE 181514 0 52610 0 705 0 70343 0 28108 0 333280 0 46375 0 ANTHONY BURT RELIABILITY COORDINATION MANAGER 189967 0 28708 0 256 0 58067 0 29393 0 306391 0 28708 0 SAAD MALIK DIRECTOR OF ENGINEERING 201317 0 28146 0 176 0 72539 0 25681 0 327859 0 26492 0 GARETH LIM DIRECTOR OF INFORMATION TECHNOLOGY 196590 0 41242 0 353 0 97504 0 29593 0 365282 0 27347 0 JOHN STOUT FORMER DIRECTOR, PRESIDENT & CEO 90000 0 0 0 0 0 0 0 0 0 90000 0 0 0 PART I, LINE 1A HEALTH CLUB OR FITNESS CENTER DUES OR INITIATION FEES OR FEES FOR FITNESS CLASSES UP TO $300 PER YEAR ARE REIMBURSED TO ALL EMPLOYEES WHO REQUEST REIMBURSEMENT AND PROVIDE APPROPRIATE DOCUMENTATION. PART I, LINE 7 NON-FIXED PAYMENTS NOT DESCRIBED ON LINE 5 OR 6 INCLUDE: * HEALTH CLUB AND FITNESS CENTER DUES OR INITIATION FEES FOR FITNESS CLASSES AS DESCRIBED ABOVE. * SHORT TERM INCENTIVE PLAN TIED TO COMPANY AND EMPLOYEE SPECIFIC PERFORMANCE METRICS. THE ENTIRE PROGRAM IS SUBJECT TO DISCRETIONARY BOARD REVIEW AND APPROVAL. * AWARD PROGRAM THAT ENCOURAGES EMPLOYEES TO RECOGNIZE ACCOMPLISHMENTS BY AWARDING POINTS THAT ARE REDEEMED FOR GIFT CARDS. THE VALUE OF THE POINTS IS INCLUDED IN EMPLOYEE COMPENSATION WHEN AWARDED. FORM 990, PART VI, SECTION A, LINE 6 MEMBERSHIP IN PEAK IS VOLUNTARY. ANY ORGANIZATION MAY BECOME A MEMBER OF PEAK AS LONG AS ELIGIBILITY CRITERIA HAVE BEEN MET AS OUTLINED IN THE BYLAWS. THERE ARE 5 VOTING CLASSES OF MEMBERS BASED UPON THE ACTIVITIES OF THE MEMBER ORGANIZATION. THESE MEMBERS OF PEAK HAVE THE RIGHT TO ELECT AND REMOVE DIRECTORS, AMEND BYLAWS AND TO REVIEW AND RESCIND ANY BOARD AMENDMENT OF THE BYLAWS AS WELL AS THE RIGHT TO ATTEND AND PARTICIPATE IN MEETINGS AND COMMITTEES. FORM 990, PART VI, SECTION A, LINE 7A ONLY PEAK RELIABILITY MEMBERS IN CLASSES 1, 2, 3, 4, AND 5 HAVE THE RIGHT TO ELECT AND REMOVE DIRECTORS AT ANNUAL MEETINGS. AT THE ANNUAL MEMBER CLASS MEETINGS, THESE VOTING MEMBERS VOTE TO ELECT A DIRECTOR FOR EACH OPENING PURSUANT TO THE PROCEDURES SET FORTH IN SECTION 6 OF PEAK'S BYLAWS, EXCEPT THAT IN DIRECTOR ELECTIONS, EACH MEMBER SHALL HAVE ONE VOTE PER OPENING THAT CAN BE CAST POSITIVE OR NEGATIVE. EACH CANDIDATE MUST RECEIVE A SIMPLE MAJORITY POSITIVE VOTE OF THE MEMBERSHIP, AS WELL AS A SIMPLE MAJORITY POSITIVE VOTE OF THE MEMBERS OF FOUR (4) OF THE FIVE (5) MEMBER CLASSES (CLASSES 1-5), TO BE SUCCESSFULLY ELECTED TO THE BOARD. FORM 990, PART VI, SECTION A, LINE 7B PURSUANT TO PEAK BYLAWS SECTION 3.13.2, CERTAIN DELEGATIONS OF AUTHORITY BY PEAK'S BOARD OF DIRECTORS ARE SUBJECT TO APPEAL BY PEAK'S MEMBERSHIP UPON PETITION FILED WITH THE CORPORATE SECRETARY BY A SIMPLE MAJORITY OF THE MEMBERSHIP, HOWEVER, SUCH APPEALS ARE TO THE PEAK BOARD. ADDITIONALLY, PEAK'S BOARD MAY NOT AMEND CERTAIN PROVISIONS OF PEAK'S BYLAWS (SECTIONS 1, 3, 5.2.1, 5.10, 8.3, 16, AND ANY OTHER SECTIONS AS REQUIRED PURSUANT TO UTAH LAW), WITHOUT SUCH AMENDMENT(S) FIRST BEING APPROVED BY PEAK'S MEMBERSHIP. FORM 990, PART VI, SECTION B, LINE 11B THE RETURN IS PREPARED BY THE TAX PREPARER, THE DIRECTOR OF FINANCE & ACCOUNTING REVIEWS FOR COMPLETENESS AND ANY NECESSARY CHANGES ARE MADE, AND A COPY IS PROVIDED TO THE PRESIDENT & CEO FOR REVIEW PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C PEAK RELIABILITY HAS BOTH A STANDARDS OF CONDUCT FOR THE MEMBERS OF THE PEAK RELIABILITY BOARD OF DIRECTORS AND PEAK'S OFFICERS AND EMPLOYEES. THESE STANDARDS OF CONDUCT ARE RESPECTIVELY APPENDICES A AND B TO PEAK'S BYLAWS. PEAK'S DIRECTORS SUBMIT DISCLOSURES STATEMENTS ANNUALLY OR AS NECESSARY INDICATING ANY APPLICABLE FINANCIAL HOLDINGS THAT MAY CAUSE A CONFLICT OR CERTIFYING THAT NO SUCH CONFLICT EXISTS. PEAK RELIABILITY OFFICERS AND EMPLOYEES ARE REQUIRED TO REPORT ANY POTENTIAL CONFLICTS TO PEAK RELIABILITY'S CHIEF EXECUTIVE OFFICER, GENERAL COUNSEL AND, POSSIBLY, THE DIRECTOR OF HUMAN RESOURCES DEPENDING ON THE NATURE OF THE CONFLICT. GENERALLY SPEAKING, PEAK RELIABILITY DIRECTORS MUST AVOID OR DISCLOSE AS NECESSARY ANY POTENTIAL CONFLICTS BETWEEN THE DIRECTOR'S OWN INTEREST AND THAT OF PEAK RELIABILITY. PEAK RELIABILITY OFFICERS AND EMPLOYEES MUST AVOID POTENTIAL OR ACTUAL CONFLICTS BETWEEN THE OFFICER'S OR EMPLOYEE'S INTEREST AND THE ORGANIZATIONS AND DISCLOSE ANY SUCH CONFLICTS AS SUCH CONFLICTS ARISE RATHER THAN ON A PERIODIC BASIS. PEAK RELIABILITY MONITORS AND ENFORCES COMPLIANCE BASED ON DISCLOSURES FROM ITS DIRECTORS AND OFFICERS AND EMPLOYEES CONSISTENT WITH THE RESPECTIVE STANDARDS OF CONDUCT. FORM 990, PART VI, SECTION B, LINE 15 PURSUANT TO PEAK RELIABILITY'S BYLAWS SECTION 11.2.2, PEAK RELIABILITY'S CEO IS EMPLOYED BY PEAK RELIABILITY'S BOARD AND WILL SERVE AT ITS PLEASURE. ADDITIONALLY, THE CEO'S CONTRACT OF EMPLOYMENT PERMITS THE BOARD TO DISMISS THE CEO AT ITS DISCRETION, WITHOUT HAVING TO DEMONSTRATE CAUSE OR GOOD REASON. ACCORDINGLY, THE PROCESS FOR DETERMINING THE CEO'S COMPENSATION IS A DIRECT NEGOTIATION WITH PEAK RELIABILITY'S BOARD OF DIRECTORS. THE BOARD OF DIRECTORS IS THE POINT OF APPROVAL FOR ANY OFFICER LEVEL EMPLOYEE'S SALARY. CEO AND OFFICER/KEY EMPLOYEE COMPENSATION HAS ALSO BEEN DETERMINED WITH THE AID OF COMPENSATION SURVEY COMPARABILITY DATA. FORM 990, PART VI, SECTION C, LINE 19 PEAK RELIABILITY'S CONFLICT OF INTEREST POLICIES ARE EMBODIED IN THE APPENDICES TO PEAK RELIABILITY'S BYLAWS WHICH ARE PUBLICLY AVAILABLE AT WWW.PEAKRC.COM. FURTHER GOVERNING DOCUMENTS ARE POSTED ON WWW.PEAKRC.COM. FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART VI, SECTION A, LINE 9: ADDRESSES OF INDIVIDUALS WHO CANNOT BE REACHED AT THE ORGANIZATION'S MAILING ADDRESS ARE AVAILABLE UPON REQUEST.