2013-08-09T09:54:54-05:00 2012-12-31 521754364 E COHEN AND COMPANY CPAS ONE RESEARCH COURT SUITE 101 ROCKVILLE MD 20850 990 2012-01-01 521339888 NATIONAL HYDROPOWER ASSOCIATION INC NATI 2026821700 25 MASSACHUSETTS AVENUE NW NO 450 WASHINGTON DC 20001 LINDA CHURCH CIOCCI 2026821700 2013-08-08 1 ERIC COHEN CPA P00501016 3019176200 2012 2016-02-24 21:20:13Z LINDA CHURCH CIOCCI 25 MASSACHUSETTS AVENUE NW NO 450 WASHINGTON DC 20001 2502071 0 X WWW.HYDRO.ORG X 1983 DC TO PROMOTE THE DEVELOPMENT OF HYDROPOWER AS A CLEAN, RENEWABLE, AND RELIABLE FORM OF ENERGY. NHA HAS SET A VISION TO DOUBLE THE CURRENT CONTRIBUTION OF HYDROPOWER TO THE ENERGY MIX.THE ORGANIZATION CONTINUES TO PRESS FOR POLICIES THAT RECOGNIZE THE INDUSTRY'S OVERALL ENVIRONMENTAL BENEFIT, INCLUDING THE 225 MILLION METRIC TONS OF CARBON DIOXIDE EMISSIONS THAT IT HELPS AVOID EACH YEAR. NHA SEEKS RENEWABLE ENERGY BONUS ALLOWANCE PROGRAMS, CREDIT PARITY, REGULATORY IMPROVEMENTS, RESEARCH AND DEVELOPMENT DOLLARS, AND OTHER POLICIES THAT REFLECT THE INDUSTRY'S ENERGY AND ENVIRONMENTAL CONTRIBUTIONS AND ADDRESS THE CHALLENGES TO DEVELOPMENT.NHA WORKS CLOSELY WITH THE FEDERAL ENERGY REGULATORY COMMISSION (FERC), RESOURCE AGENCIES, AND OTHER REGULATORS AND STAKEHOLDERS TO REPRESENT THE INDUSTRY'S POSITION IN ALL ISSUES. 20 20 7 29 0 0 0 0 2306028 2468888 31324 33183 0 0 2337352 2502071 0 0 0 0 622784 756438 0 0 0 1535045 1633490 2157829 2389928 179523 112143 1580687 1597338 759822 664330 820865 933008 X "TO CHAMPION HYDROPOWER AS A CLEAN, SUSTAINABLE ENERGY RESOURCE THAT RESPONSIBLY MEETS NORTH AMERICA'S ENERGY REQUIREMENTS." 0 0 630042 LEGISLATIVE PROGRAMECONOMIC GROWTH:NHA MEMBERS CONTINUE TO REPORT THAT THE FUTURE LOOKS BRIGHT. FROM THE NEWEST START-UPS TO FORTUNE 500 CORPORATIONS, HYDROPOWER COMPANIES ARE HIRING, GROWING, AND LOOKING AT NEW PROJECTS. THIS IS THE MESSAGE THE ORGANIZATION HAS TAKEN TO CONGRESS AND THE ADMINISTRATION, WHERE IT IS FINDING GROWING SUPPORT FOR POLICIES THAT WILL HELP ITS INDUSTRY CONTINUE TO EXPAND AND DELIVER JOBS, INVESTMENT, AND RESOURCES TO ALL PARTS OF THE COUNTRY.ENERGY AND ENVIRONMENTAL POLICY:BY COMMUNICATING AND WORKING WITH THE ADMINISTRATION, NHA HAS BEEN ABLE TO CRAFT STRATEGIES AND POSITIONS THAT RESPOND TO NEW NATIONAL PUBLIC POLICIES. LEGISLATIVE PROPOSALS THAT ADDRESS ENERGY ARE BEGINNING TO REFLECT HYDROPOWER'S IMPORTANCE AS A RENEWABLE RESOURCE. THE HOUSE PASSED LEGISLATION TO STREAMLINING THE PERMITTING OF PROJECTS THAT COULD CONVERT NON-POWERED DAMS INTO CLEAN-ENERGY RESOURCES. WITH ONLY 3 PERCENT OF THE COUNTRY'S 78,000 DAMS CURRENTLY GENERATING ELECTRICITY, NHA IS STRONGLY ADVOCATING FOR THIS PROVISION. THE SENATE IS EXPECTED TO PASS THIS LEGISLATION OVER THE SUMMER. NHA ALSO CONTINUES TO ADVOCATE FOR TAX MEASURES THAT PROVIDED PARITY FOR HYDRO AND INCLUSION OF PUMPED STORAGE IN TAX INCENTIVES; AND WAS SUCCESSFUL IN JANUARY OF 2013 TO SECURE A CHANGE IN THE PRODUCTION TAX CREDIT THAT ADDRESSES SOME OF THE ISSUES OF THE LONG LEAD TIME IN HYDROPOWER DEVELOPMENT THAT MAKE APPLICATION OF THE TAX CREDIT TO HYDRO PROJECTS PROBLEMATIC. NHA WILL CONTINUE TO STAY ENGAGED ON RENEWABLE ENERGY TAX ISSUES AS THE CONGRESS CONSIDERS OVERHAULING THE TAX CODE. THE ASSOCIATION WILL ALSO BE WORKING WITH CONGRESS ON ADDITIONAL LANGUAGE TO IMPROVE THE PERMITTING OF HYDRO FACILITIES, PARTICULARLY LOW IMPACT PROJECTS AND THOSE BUILT ON THE FEDERAL SYSTEM, SUCH AS THE CORP OF ENGINEER FACILITIES, THAT ARE CURRENTLY NON-POWERED.NATIONAL ADVOCACY:AS THE NATIONAL VOICE OF THE HYDROPOWER INDUSTRY, NHA ADVOCATES FOR SOUND ENERGY POLICIES IN CONGRESS AND BUILDS ALLIANCES WITH OTHER ORGANIZATIONS THAT SUPPORT KEY ISSUES. 438443 PUBLIC AFFAIRSNHA ACTS AS BOTH A VEHICLE FOR CONVEYING THE INDUSTRY'S MESSAGES TO KEY AUDIENCES AND AS A NATIONAL CLEARINGHOUSE FOR INFORMATION ABOUT HYDROPOWER AND RELATED ENERGY ISSUES. IN CONSULTATION WITH THE PUBLIC AFFAIRS COMMITTEE, THE ORGANIZATION ALSO DEVELOPS INTEGRATED MESSAGES, TOOLS AND SUPPORT PIECES THAT COMMUNICATE TO TARGET AUDIENCES. KEY AREAS OF ACTIVITIES INCLUDE:MEDIANHA WORKS WITH REPORTERS, PRODUCERS, AND EDITORS CONTINUOUSLY TO PROVIDE THE INDUSTRY'S PERSPECTIVE AND SHAPE NATIONAL AND REGIONAL STORIES. IN ADDITION TO NATIONAL MEDIA WORK, NHA RESPONDS TO DOZENS OF INQUIRIES FROM TRADE AND LOCAL MEDIA.MEMBER SUPPORTNHA WORKS CLOSELY WITH MEMBERS TO CREATE OPPORTUNITY FOR REGIONAL AND LOCAL MEDIA ATTENTION AND TO SUPPORT INDIVIDUAL MEMBER OUTREACH EFFORTS. STATEMENTS AND PRESS RELEASESNHA ISSUES SEVERAL STATEMENTS AND NEWS RELEASES EVERY MONTH PROVIDING THE INDUSTRY'S PERSPECTIVE ON CRITICAL POLICY DEVELOPMENTS AND HIGHLIGHTING KEY DEVELOPMENTS IN HYDROPOWER.STRATEGIC COMMUNICATION TOOLSNHA PREPARES TARGETED COMMUNICATIONS TOOLS FOR ITS AUDIENCES, SUCH AS MESSAGING PAPERS, BACKGROUNDERS FOR MEDIA, FACT SHEETS FOR THE PUBLIC AND SPECIAL PRESENTATIONS FOR EXTERNAL AUDIENCES, SUCH AS THE HYDROPOWER CAUCUS. NHA LAUNCHED IT S U.S. HYDRO SUPPLIERS SNAPSHOT, AN INTEGRATED MAP WITH 2500 DATA POINTS OF SUPPLY COMPANIES THAT DEPEND ON VIBRANT HYDRO INDUSTRY, AND CONTINUES TO BUILD ON IT WITH ADDITIONAL DATA.ONLINE PRESENCENHA CONTINUES TO EXPAND AND DEVELOP ITS WEB PRESENCE. THE ASSOCIATION CONTINUES TO MAINTAIN TWO SPECIAL FEATURES ON ITS SITE, A NEWS FEED FROM AROUND THE WORLD AND NHA'S CAPWIZ INTERACTIVE POLICY TOOL ALLOWS MEMBERS TO SEND MESSAGES TO THEIR CONGRESSIONAL REPRESENTATIVES, TRACK LEGISLATION, AND FOLLOW ISSUES ON CAPITOL HILL. THESE ENHANCEMENTS ARE PART OF NHA'S ONGOING WORK TO MAKE HYDRO.ORG THE MOST COMPLETE, EFFECTIVE HYDROPOWER RESOURCE ON THE WEB. 416247 CONFERENCES & MEETINGSNHA IS BUILDING SUPPORT FOR HYDROPOWER ON A REGIONAL BASIS. THE REGIONAL MEETINGS COMMITTEE CONDUCTED FOUR EVENTS IN DIFFERENT PARTS OF THE COUNTRY THIS YEAR TO BRING NHA'S BENEFITS AND NETWORKING OPPORTUNITIES TO MEMBERS AND POTENTIAL MEMBERS. THESE EVENTS WILL HELP BUILD NHA'S NATIONAL PROFILE, AS WELL AS INCREASING THE EXPOSURE ALL INDUSTRY EMPLOYEES HAVE TO THE ASSOCIATION. NHA ALSO SPONSORED AN ANNUAL CONFERENCE. OUR ANNUAL CONFERENCE ATTRACTED NEARLY 600 INDUSTRY MEMBERS. OUR SPECIAL WORKSHOPS AVERAGE ABOUT 100 MEMBERS EACH YEAR. 117285 MEMBERSHIPS:NHA WORKS CLOSELY WITH MEMBERS TO CREATE OPPORTUNITY FOR REGIONAL AND LOCAL MEDIA ATTENTION AND TO SUPPORT INDIVIDUAL MEMBER OUTREACH EFFORTS. THIS STRENGTHENS NHA'S NATIONAL PROFILE AND KEEPS THE ASSOCIATION FOCUSED ON NATIONAL POLICY ISSUES, WHILE BOLSTERING ITS MEMBERS' PROFILES AND DEMONSTRATING THE RANGE OF PROJECTS AND ACTIVITIES THROUGHOUT THE COUNTRY. 112586 TECHNOLOGY:NHA'S TECHNOLOGIES COUNCIL WORKS ON LICENSING AND SITE ISSUES FOR HYDROKINETICS. THE COUNCIL MONITORED THE DEVELOPMENT OF MMS REGULATIONS ON DEVELOPING PROJECTS OFFSHORE.HYDRAULIC POWER COMMITTEE PROGRAM (HPC):THE PROGRAM GIVES MEMBERS A FORUM FOR SHARING BEST PRACTICES, REVIEWING OPERATIONAL ISSUES, AND EXPLORING WAYS TO IMPROVE THE INDUSTRY'S TECHNICAL CAPABILITIES. THE HPC'S WORK THIS YEAR INCLUDED SITE VISITS TO HYDROPOWER FACILITIES AND MANUFACTURING PLANTS, MEETINGS WITH REPRESENTATIVE FROM FERC AND OTHER ORGANIZATIONS, AND MEETINGS TO LOOK AT O&M PRACTICES, KEY PERFORMANCE INDICATORS, AND EMERGING ISSUES. THE ASSOCIATION ALSO LAUNCHED AN EVENT REPORTING PILOT PROJECT AS PART ITS ONGOING EFFORT GOAL TO PROMOTE OPERATIONAL AND ENVIRONMENTAL EXCELLENCE AMONG THE HYDROPOWER INDUSTRY.RESEARCH & DEVELOPMENT:NHA CONTINUES TO ADVOCATE FOR SPECIFIC POLICIES, PROGRAMS, AND REGULATIONS THAT WILL POSITION HYDROPOWER TO FULFILL ITS ENERGY, ENVIRONMENTAL, AND ECONOMIC POTENTIAL. THE RESEARCH AND DEVELOPMENT COMMITTEE WORKED CLOSELY WITH NHA STAFF AND KEY OFFICIALS TO BUILD SUPPORT FOR THE DOE ADVANCED HYDROPOWER TECHNOLOGY PROGRAM. THE ELECTRIC POWER RESEARCH INSTITUTE (EPRI) ESTIMATED THAT A TOTAL FEDERAL RESEARCH AND DEVELOPMENT INVESTMENT OF $377 MILLION BETWEEN 2007 AND 2015 COULD INCREASE U.S. HYDROPOWER CAPACITY BY ALMOST 25 PERCENT. ARMED WITH THIS ESTIMATE, NHA SET OUT TO SECURE MORE FEDERAL FUNDING FOR HYDRO RESEARCH AND DEVELOPMENT. NHA HAS ALREADY STARTED TO SEE THE FRUITS OF THE EFFORT. THIS YEAR'S CR MAINTAINED THE PROGRAM AT $59 MILLION FOR THE DOE WATERPOWER PROGRAM. NHA WILL BE WORKING CLOSELY WITH ITS MEMBERS AND DOE TO PROPOSE ACTIVITIES THAT CAN ENSURE THAT EVERY FEDERAL DOLLAR GOES TOWARD PROJECTS THAT WILL EXTEND HYDROPOWER'S BENEFITS FURTHER. 87118 CEO COUNCIL:IN 2009, THE ORGANIZATION ESTABLISHED A CEO COUNCIL TO PROVIDE STRATEGIC ADVICE TO THE NHA BOARD OF DIRECTORS AND AID IN OUR ADVOCACY WORK. TODAY, NEARLY 30 CEO'S FROM MEMBER COMPANIES AROUND THE COUNTRY PARTICIPATE IN THE COUNCIL AND ITS WORK. THE COUNCIL MEETS TWICE EACH YEAR; ONCE IN THE FALL AND AGAIN IN THE SPRING. 28543 HRF:NHA CONTINUES TO PROVIDE IN-KIND MANAGEMENT AND ADMINISTRATIVE SUPPORT TO THE HYDRO RESEARCH FOUNDATION (HRF) IN MANAGING THEIR $3 MILLION GRANT AWARD FROM THE DEPARTMENT OF ENERGY. A LARGE PART OF THE YEAR WAS FOCUSED ON TRANSITIONING THE HRF FROM ITS VOLUNTARY ADMINISTRATIVE SUPPORT TO ESTABLISHING THE FOUNDATION WITH A PAID PROFESSIONAL EXECUTIVE DIRECTOR, AND RELOCATED THE FOUNDATION TO COLORADO. THE TRANSITION WAS COMPLETE IN THE FALL OF 2012. 113986 GENERAL OVERVIEW OF REGIONAL MEETINGS FOR 2012:MIDWEST: HELD MAY 16-17, 2012 IN GREEN BAY, WIALASKA& DOI/FERC WORKSHOP: HELD AUGUST 21 -23, 2012 IN SITKA, ALASKASOUTHEAST: HELD SEPTEMBER 1213, 2012 IN CHARLESTON, WVNORTHWEST: HELD OCTOBER 17-18, 2012 IN BOISE, ID THE REGIONAL MEETING INITIATIVE BEGAN AS A PILOT PROGRAM IN 2005 AND HAS CONTINUED TO DEVELOP AND EXPAND INTO A POPULAR NHA OUTREACH PROGRAM. MEETINGS ARE ORGANIZED AROUND AN ESTABLISHED TEMPLATE WHICH INCLUDES SENIOR NHA STAFF PRESENTERS, ROUNDTABLES ON SUBJECTS OF REGIONAL INTEREST, AND OFTEN A FERC OR OTHER KEYNOTE SPEAKER FOLLOWED BY A DIALOGUE WITH THE AUDIENCE. TYPICALLY ATTENDANCE HAS INCREASED EVERY YEAR. AS OF THE DATE OF THIS REPORT ATTENDANCE GENERALLY IS IN THE RANGE OF 90-100 PERSONS AND FREQUENTLY EXCEEDS THOSE NUMBERS. FEEDBACK FROM ATTENDEES IS CONSISTENTLY VERY FAVORABLE AND ALSO HELPFUL IN FOCUSING MEETING CONTENT ON APPROPRIATE REGIONAL INTERESTS AND PRIORITIES. BASED ON SURVEY FEEDBACK, WE ARE REACHING INDIVIDUALS WHO ARE NOT NHA MEMBERS (OR ARE NOT ACTIVE NHA MEMBERS). THERE IS ALSO WIDESPREAD AND GENUINE INTEREST IN CONTINUING THE PROGRAM WITH NO SIGNIFICANT CHANGES. EVIDENCE OF THIS WIDESPREAD AND GENUINE INTEREST IS THE FACT THAT MOST REGIONS REQUEST MEETINGS ON AN ANNUAL BASIS. 459518 1944250 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 1 0 0 1 4 0 1 7 1 0 0 0 0 0 0 X 20 20 0 0 1 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X X LINDA CHURCH CIOCCI 2026821700 25 MASSACHUSETTS AVENUE WASHINGTON DC 20004 DAVID MOLLER 2.00 X X 0 0 0 CHERISE ORAM 2.00 X X 0 0 0 ERIC VAN DEUREN 2.00 X X 0 0 0 SUZANNE GRASSELL 2.00 X X 0 0 0 WILLIAM BUNKER 2.00 X 0 0 0 JOHN CLAYBROOK 2.00 X 0 0 0 MARC GERKEN 2.00 X 0 0 0 CAROL GOOLSBY 2.00 X 0 0 0 ANDREW MUNRO 2.00 X 0 0 0 RM SINGLETARY 2.00 X 0 0 0 MARK STOVER 2.00 X 0 0 0 JANE CIRRINCIONE 2.00 X 0 0 0 KIRBY GILBERT 2.00 X 0 0 0 JOHN BARNES 2.00 X 0 0 0 WAYNE DYOK 2.00 X 0 0 0 KEVIN FRANK 2.00 X 0 0 0 LISA GROW 2.00 X 0 0 0 JEANNE HILSINGER 2.00 X 0 0 0 JAMES HANCOCK 2.00 X 0 0 0 JOHN SULOWAY 2.00 X 0 0 0 STEVE WENKE 2.00 X 0 0 0 LINDA CHURCH CIOCCI 40.00 X 221172 0 20015 JEFFREY LEAHEY 40.00 X 140396 0 13950 361568 0 33965 2 0 1 0 PENNWELL CORPORATION 21428 NETWORK PLACE CHICAGO IL 60673 CONFERENCE PLANNING 188998 THE GLOVER PARK GROUP LLC 1025 F STREET NW 9TH FLOOR WASHINGTON DC 20004 STRATIGIC COMMUNICATIONS PROJECT 186716 GREEN STRATEGIES INC 816 CONNECTICUT AVE NW SUITE 200 WASHINGTON DC 20006 LEGISLATIVE MONITORING 172808 WASHINGTON COUNCIL ERNST & YOUNG 1001 PENNSYLVANIA AVE NW NO 60 WASHINGTON DC 20004 LEGISLATIVE MONITORING 156000 4 MEMBERSHIP DUES 900099 1881148 1881148 CONFERENCE REVENUE 900099 468995 468995 SPONSORSHIPS 900099 85590 85590 MEETING REVENUE 900099 33003 33003 HYDRO TAX HANDBOOKS 900099 152 152 2468888 33183 33183 2502071 2468888 0 33183 X 241187 419249 15244 38920 41838 2500 76178 823775 56903 9841 26204 264496 49317 165246 17802 8147 PRINTING, COPYING, AWAR 31116 TELEPHONE 21732 PUBLICATIONS AND SUBSCR 19138 DUES AND REGISTRATIONS 17439 43656 2389928 455505 145778 225381 334020 10593 23899 73497 68563 205574 130156 68644 75418 733478 936071 13589 13589 1580687 1597338 87522 110825 572418 448300 99882 105205 759822 664330 X 820865 933008 820865 933008 1580687 1597338 112143 0 X X 0 1 X 1 0 0 0 1 1881148 345065 80593 425658 338607 87051 55313 21203 34110 90413 68153 22260 59848 40800 19048 75418 DEFERRED RENT 105205 105205 X 2527071 25000 25000 2502071 0 2502071 2414928 25000 25000 2389928 0 2389928 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X, LINE 2: UNDER INTERNAL REVENUE CODE (IRC) SECTION 501(C)(6) AND THE APPLICABLE INCOME TAX REGULATIONS OF THE DISTRICT OF COLUMBIA, THE ASSOCIATION IS EXEMPT FROM INCOME TAXES; THEREFORE, NO PROVISION FOR INCOME TAXES HAS BEEN RECORDED. INCOME THAT IS NOT RELATED TO ITS EXEMPT PURPOSE LESS APPLICABLE DEDUCTIONS IS SUBJECT TO FEDERAL AND STATE CORPORATION INCOME TAXES. THE ASSOCIATION DID NOT HAVE ANY NET UNRELATED BUSINESS INCOME FOR THE YEARS ENDED DECEMBER 31, 2012 AND 2011. THE ORGANIZATION HAS ADOPTED FASB ACCOUNTING STANDARDS CODIFICATION, SECTION 740, WHICH REQUIRES AN ASSESSMENT OF UNCERTAINTY IN INCOME TAXES AND CERTAIN FINANCIAL STATEMENT DISCLOSURES RELATING TO UNRECOGNIZED TAX BENEFITS. UNCERTAINTY IN INCOME TAXES FOR A NOT-FOR-PROFIT ORGANIZATION WOULD INCLUDE THE STATUS OF ITS EXEMPTION FROM TAXES, STATUS OF FILINGS IN LOCAL JURISDICTIONS, AND UNRELATED BUSINESS INCOME, IF ANY. THE ORGANIZATION HAS NOT RECOGNIZED ANY CUMULATIVE ADJUSTMENT RELATING TO THE ADOPTION OF THIS STANDARD NOR ARE THERE ANY UNRECOGNIZED TAX BENEFITS TO BE DISCLOSED AS OF DECEMBER 31, 2012. THE ORGANIZATION'S TAX FILINGS FOR THE YEARS 2009-2011 REMAIN SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE. THE CALENDAR YEAR 2012 FORM 990 HAS NOT YET BEEN FILED. X X X 0 0 0 LINDA CHURCH CIOCCI 201172 0 20000 0 0 0 8847 0 11168 0 241187 0 0 0 JEFFREY LEAHEY 130396 0 10000 0 0 0 5616 0 8334 0 154346 0 0 0 FORM 990, PART VI, SECTION A, LINE 4 IN 2012 THE ORGANIZATION AMENDED ITS BYLAWS. FORM 990, PART VI, SECTION A, LINE 6 NATIONAL HYDROPOWER ASSOCIATION'S MEMBERSHIP CONSISTS OF MORE THAN 180 ORGANIZATIONS INCLUDING: PUBLIC UTILITIES, INVESTOR OWNED UTILITIES, INDEPENDENT POWER PRODUCERS, EQUIPMENT MANUFACTURERS, ENVIRONMENTAL AND ENGINEERING CONSULTANTS AND ATTORNEYS SPANNING THE BREADTH OF THE CONVENTIONAL INDUSTRY AND NEW EMERGING WATERPOWER TECHNOLOGIES. FORM 990, PART VI, SECTION A, LINE 7A THE ELECTION OF OFFICERS SHALL TAKE PLACE AT THE WINTER BOARD OF DIRECTORS MEETING. A MAJORITY VOTE OF A QUORUM OF THE DIRECTORS PRESENT SHALL CONSTITUTE ELECTION. FORM 990, PART VI, SECTION B, LINE 11 THE ORGANIZATION'S FORM 990 IS REVIEWED BY THE EXECUTIVE DIRECTOR WITH CONCURRENCE OF THE ELECTED TREASURER PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C ALL BOARD MEMBERS OF THE ORGANIZATION ARE NOTIFIED OF THE CONFLICT OF INTEREST POLICY AT TIME OF THEIR ELECTION AND THEY ARE REQUIRED TO CONFIRM AGREEMENT WITH THE TERMS ON AN ANNUAL BASIS. FORM 990, PART VI, SECTION B, LINE 15A COMPENSATION FOR THE ORGANIZATION'S CEO IS BASED ON PERFORMANCE REVIEW WHICH IS CONDUCTED BY THE ELECTED PRESIDENT WITH THE CONCURRENCE OF THE EXECUTIVE COMMITTEE AND THEN REPORTED TO THE BOARD FOR INPUT AND CONCURRENCE. A COMPENSATION COMMITTEE PERIODICALLY EVALUATES THE SALARY AND BENEFITS PLAN TO DETERMINE ITS COMPETITIVENESS WITH COMPARABLE POSITIONS WITHIN THE REGION. COMPENSATION OF ALL STAFF ARE REVIEWED BY THE BOARD AND THE COMPENSATION COMMITTEE PERIODICALLY REVIEWS SALARIES TO DETERMINE COMPETITIVENESS WITHIN REGION. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC UPON REQUEST. THE ORGANIZATION MAKES ITS FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART VI, LINE 4 THE FOLLOWING CHANGES WERE MADE TO THE ORGANIZATION'S BY-LAWS: -SIZE OF BOARD OF DIRECTORS WAS INCREASED FROM 15 MEMBERS TO 20. -MAXIMUM YEARS SERVED AS A BOARD MEMBER WAS INCREASED FROM 6 TO 8. -BOARD OF DIRECTORS QUORUM REQUIREMENT WAS INCREASED FROM 8 TO 11. -EXECUTIVE COMMITTEE QUORUM REQUIREMENT WAS INCREASED FROM 2 MEMBERS TO 3. -MEMBER MEETING QUORUM REQUIREMENT WAS INCREASED FROM 15 MEMBERS TO 45. OTHER FEES FORM 990, PART IX, LINE 11G CONSULTING: TOTAL EXPENSES 819,896. OTHER SERVICES: TOTAL EXPENSES 3,879. OVERSIGHT OF FINANCIAL STATEMENTS AND SELECTION OF INDEPENDENT ACCOUNTANT: FORM 990, PART XII, LINE 2C THE ORGANIZATION'S REVENUE COMMITTEE AND ITS EXECUTIVE COMMITTEE ARE RESPONSIBLE FOR THE OVERSIGHT OF THE ORGANIZATION'S AUDITED FINANCIAL STATEMENTS AND THE SELECTION OF AN INDEPENDENT ACCOUNTANT. HYDRO RESEARCH FOUNDATION INC 25 MASSACHUSETTS AVENUE NW SUITE 45 WASHINGTON DC 20001 521851292 FACILITATE RESEARCH AND PROMOTE EDUCATIONAL OPPORTUNITIES DC 501(C)(3) 509(A)(2) 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 1 0 0 0 0