2012-11-13T09:34:48-06:00 2012-06-30 042571780 ALEXANDER ARONSON FINNING & CO PC 21 EAST MAIN STREET WESTBORO MA 01581 990 2011-07-01 223041893 POWEROPTIONS INC POWE 6177378480 129 SOUTH STREET 5TH FLOOR BOSTON MA 02111 CYNTHIA ARCATE 6177378480 2012-11-13 1 MAUREEN STALEY CPA P01331291 5083669100 2012-11-13 2011 2016-02-24 21:20:13Z CYNTHIA ARCATE 129 SOUTH STREET - 5TH FLOOR BOSTON MA 02111 1843898 0 X WWW.POWEROPTIONS.ORG X 1989 MA POWEROPTIONS IS A NON-PROFIT ENERGY BUYING CONSORTIUM FOR NON-PROFITS, CITIES, TOWNS AND GOVERNMENT AGENCIES THROUGHOUT THE COMMONWEALTH OF MASSACHUSETTS. IT PROVIDES IT'S OVER 500 MEMBERS WITH PRE-NEGOTIATED TERMS AND CONDITIONS FOR ELECTRICITY AND NATURAL GAS SUPPLY, SOLAR POWER, AND DEMAND RESPONSE WHICH HAVE BEEN COMPETITVELY PROCURED ON BEHALF OF THE CONSORTIUM. 8 8 6 0 0 0 0 0 1743276 1842426 2172 1472 0 0 1745448 1843898 0 0 0 0 829349 949435 0 0 0 651921 753283 1481270 1702718 264178 141180 1988698 2188510 342087 400719 1646611 1787791 X THE MISSION OF POWEROPTIONS IS TO USE THE LEVERAGE OF ITS LARGE NON-PROFIT MEMBERSHIP TO SECURE FAVORABLE PRICING TERMS AND CONDITIONS FOR ENERGY AND ENERGY RELATED SERVICES IN THE COMPETITIVE MARKET. IN DOING SO, POWEROPTIONS HELPS ITS MEMBERS SAVE MONEY THAT CAN BE DEPLOYED IN THE FUTHERANCE OF THE MISSIONS OF THE INDIVIDUAL NON-PROFIT ORGANIZATIONS IN THE CONSORTIUM. 0 0 1410851 1842426 POWEROPTIONS CONDUCTS COMPETITIVE PROCUREMENTS FOR ENERGY AND ENERGY RELATED SERVICES ON BEHALF OF THE CONSORTIUM. THIS REQUIRES THE HIRING OF CONSULTANTS AND LEGAL SERVICES TO EVALUATE AND NEGOTIATE THE TERMS AND CONDITIONS FOR THE MEMBERS. ON AN ON-GOING BASIS, POWEROPTIONS STAFF FACILITATES THE ADMINISTRATION AND THE MARKETING OF THE PROGRAM, ASSISTS MEMBERS WITH BILLING DISPUTES WITH THE SUPPLIERS AND DEVELOPS NEW PROGRAM OPTIONS FOR THE CONSORTIUM. 1410851 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 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 0 0 1 12 0 1 6 1 0 0 0 0 0 0 0 0 0 0 X 8 8 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MA X X POWEROPTIONS ATTN CYNTHIA ARCATE 6177378480 129 SOUTH STREET - 5TH FLOOR BOSTON MA 02111 CHRISTINE C SCHUSTER 1.00 X X 0 0 0 JOHN H DICKSON 1.00 X X 0 0 0 ALLEN R LARSON 1.00 X 0 0 0 MARTIN PASQUALINI ESQ 1.00 X 0 0 0 DARRELL BYERS 1.00 X 0 0 0 TINA BENNETT 1.00 X 0 0 0 JANET GAIL BESSER 1.00 X 0 0 0 GEORGE FORTE JR 1.00 X 0 0 0 CYNTHIA ARCATE 40.00 X 211879 0 37268 WENDY O'MALLEY 40.00 X 110536 0 38794 ROBERT RUDDOCK ESQ 1.00 X 0 0 0 LIAM SULLIVAN 40.00 X 108709 0 27206 431124 0 103268 3 0 1 0 PULLMAN & COMLEY 850 MAIN STREET BRIDGEPORT CT 06601 LEGAL SERVICES 111454 1 ENERGY SUPPLIER CONTRA 221000 1642963 1642963 PROGRAM PARTICIPATION 211110 199463 199463 1842426 1472 1472 1843898 1842426 0 1472 410016 369014 41002 359122 323210 35912 34929 31436 3493 98000 88201 9799 47368 42631 4737 137735 132479 5256 65474 4921 60553 12000 9600 2400 233113 188691 44422 98062 98062 32566 27832 4734 15610 14049 1561 68988 6899 62089 11859 11859 24134 24134 10368 9331 1037 16524 1652 14872 BAD DEBT 26850 26850 1702718 1410851 291867 0 268257 298294 1214350 1515822 400734 260433 44374 45728 83530 15297 60983 68233 1988698 2188510 129000 169781 199063 223147 14024 7791 342087 400719 X 1646611 1787791 1646611 1787791 1988698 2188510 141180 0 X X 0 1 1 X 0 X 200213 199463 399676 1543063 1642963 3186026 1743276 1842426 3585702 0 0 0 3585702 2172 1472 3644 2172 1472 3644 1745448 1843898 3589346 X 1 12000 12000 0 EXPLANATION OF LOBBYING ACTIVITIES: PART II-B, LINE 1: POWEROPTIONS USED A CONSULTING FIRM FOR LOBBYING ACTIVITIES RELATING TO A BROAD ENERGY BILL MOVING THROUGH MASSACHUSETTS LEGISLATURE. 83530 15297 68233 68233 DEFERRED RENT 7791 7791 1843898 1702718 141180 141180 1843898 0 1843898 0 1843898 1702718 0 1702718 0 1702718 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: POWEROPTIONS FOLLOWS THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES STANDARD WHICH REQUIRES POWEROPTIONS TO REPORT UNCERTAIN TAX POSITIONS, RELATED INTEREST AND PENALTIES, AND TO ADJUST ITS ASSETS AND LIABILITIES RELATED TO UNRECOGNIZED TAX BENEFITS AND ACCRUED INTEREST AND PENALTIES ACCORDINGLY. AS OF JUNE 30, 2012, POWEROPTIONS DETERMINED THAT THERE ARE NO MATERIAL UNRECOGNIZED TAX POSITIONS. INFORMATION RETURNS GENERALLY REMAIN SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE AND MASSACHUSETTS FOR THREE YEARS FROM FILING DATES. POWEROPTIONS DOES NOT EXPECT THE AMOUNT OF UNRECOGNIZED TAX BENEFITS WILL CHANGE SIGNIFICANTLY WITHIN THE NEXT TWELVE MONTHS. X X X 0 0 0 0 0 0 0 0 0 CYNTHIA ARCATE 184129 0 27750 0 0 0 18259 0 19009 0 249147 0 0 0 FORM 990, PART VI, SECTION B, LINE 11 FORM 990, PART VI, LINE 11 - FORM 990 REVIEW PROCESS - THE FORM 990 IS REVIEW AND APPROVED BY THE AUDIT COMMITTEE AND IS DISTRIBUTED TO THE BOARD PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C FORM 990, PART VI, LINE 12C - CONFLICT OF INTEREST POLICY - TRUSTEES, OFFICERS AND EMPLOYEES ARE REQUIRED TO COMPLETE AND RETURN AN ANNUAL CONFLICT DISCLOSURE QUESTIONNAIRE DISTRIBUTED BY POWEROPTIONS AND MAINTAINED IN THE ORGANIZATIONS RECORDS. FORM 990, PART VI, SECTION B, LINE 15 FORM 990, PART VI, LINE 15 - EXECUTIVE COMPENSATION - THE COMPENSATION COMMITTEE OF THE BOARD HAS THE RESPONSIBILITY FOR REVIEWING AND MAKING RECOMMENDATIONS TO THE BOARD FOR THE COMPENSATION OF OFFICERS OF THE ORGANIZATION. COMPENSATION IS REVIEWED PERIODICALLY USING A PROPRIETARY THIRD PARTY JOB EVALUATION MODEL. FORM 990, PART VI, SECTION C, LINE 19 FORM 990, PART VI, LINE 19 - PUBLIC AVAILABILITY OF ORGANIZATION DOCUMENTS - ALL DOCUMENTS ARE AVAILABLE UPON REQUEST WITHIN THE TIMEFRAMES AS REQUIRED. FORM 990, PART XII, LINE 2C THE PROCESSED HAS NOT CHANGED FROM THE PRIOR YEAR.