2012-08-29T12:09:34-05:00 2011-12-31 521754364 E COHEN AND COMPANY CPAS ONE RESEARCH COURT SUITE 101 ROCKVILLE MD 20850 990 2011-01-01 521339888 NATIONAL HYDROPOWER ASSOCIATION INC NATI 2026821700 25 MASSACHUSETTS AVENUE NW NO 450 WASHINGTON DC 20001 LINDA CHURCH CIOCCI 2026821700 2012-08-28 1 ERIC COHEN CPA P00501016 3019176200 2011 2016-02-24 21:20:13Z LINDA CHURCH CIOCCI 25 MASSACHUSETTS AVENUE NW NO 450 WASHINGTON DC 20001 2337352 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. 15 15 7 27 0 0 0 0 2329477 2306028 46180 31324 0 0 2375657 2337352 0 0 0 0 623127 622784 0 0 0 1692059 1535045 2315186 2157829 60471 179523 1505041 1580687 863699 759822 641342 820865 X "TO CHAMPION HYDROPOWER AS A CLEAN, SUSTAINABLE ENERGY RESOURCE THAT RESPONSIBLY MEETS NORTH AMERICA'S ENERGY REQUIREMENTS." 0 0 461965 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 AND CLIMATE CHANGE ARE BEGINNING TO REFLECT HYDROPOWER'S IMPORTANCE AS A RENEWABLE RESOURCE. LEGISLATION ALSO INCLUDES 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. NHA ALSO WORKED TO SECURE SENATE INTRODUCTION OF THE HYDROPOWER IMPROVEMENT ACT IN THE SUMMER OF 2010, AND TO SECURE ADDITIONAL SPONSORS FOR THIS IMPORTANT MEASURE. IN ADDITION, NHA ALSO WORKED TO SUPPORT TAX MEASURES THAT PROVIDED PARITY FOR HYDRO, INCLUSION OF PUMPED STORAGE IN TAX INCENTIVES, AND IMPROVEMENTS IN THE CURRENT PRODUCTION TAX CREDIT PROGRAM. 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. 499413 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. THIS YEAR NHA LAUNCHED IT'S U.S. HYDRO SUPPLIERS SNAPSHOT, AN INTEGRATED MAP WITH 2500 DATA POINTS OF SUPPLY COMPANIES THAT DEPEND ON A VIBRANT HYDRO INDUSTRY.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. 371347 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, AND A SPECIAL WORKSHOP FOCUSED ON PUMPED STORAGE. OUR ANNUAL CONFERENCE ATTRACTED NEARLY 600 INDUSTRY MEMBERS. OUR SPECIAL WORKSHOPS AVERAGE ABOUT 100 MEMBERS EACH YEAR. 123435 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. 58419 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. 82078 REGULATORY AFFAIRS:GUIDED BY THE REGULATORY AFFAIRS COMMITTEE, NHA WORKS ON ISSUES INCLUDING COMPLIANCE, PTC CERTIFICATION AND ENVIRONMENTAL IMPLEMENTATION. THE ASSOCIATION SPENT A GREAT DEAL OF EFFORT REVIEWING PROPOSED REGULATIONS AND RESPONDING TO THE AGENCIES, INCLUDING DOI AND FERC. 6512 TECHNOLOGY:NHA'S NEW TECHNOLOGIES COUNCIL WORKS ON LICENSING AND SITE ISSUES FOR HYDROKINETICS. THE COUNCIL MONITORED THE DEVELOPMENT OF MMS REGULATIONS ON DEVELOPING PROJECTS OFFSHORE. 17785 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 WATERPOWER 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 FEDERAL BUDGET INCLUDES $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. 16168 HRF:NHA CONTINUES TO PROVIDE IN-KIND MANAGEMENT AND ADMINISTRATIVE SUPPORT TO THE HYDRO RESEARCH FOUNDATION (HRF). IN 2010, THE LEVEL OF EFFORT PROVIDED INCREASED AS THE HRF WAS AWARDED A $3 MILLION 3 YEAR GRANT FROM THE UNITED STATES DEPARTMENT OF ENERGY'S WIND AND WATERPOWER TECHNOLOGIES PROGRAM TO ESTABLISH THE HYDRO FELLOWSHIP PROGRAM. IN ADDITION TO PROVIDING INCREASED FINANCIAL AND ACCOUNTING OVERSIGHT DUE TO THIS GRANT, TWO NHA EMPLOYEES ALSO PROVIDED PROGRAM ASSISTANCE TO THE HRF INDUSTRY-BASED STEERING COMMITTEE. THE STEERING COMMITTEE PROVIDED PROGRAM GUIDANCE, DESIGNED AND IMPLEMENTED THE FELLOW APPLICATION AND SELECTION PROCESSES, SELECTED THE FIRST NINE FELLOWS, CONDUCTED A HYDRO FELLOWS ROUNDTABLE AT HYDROVISION, A LARGE INDUSTRY-WIDE INTERNATIONAL CONFERENCE, AND PUBLICIZED THE PROGRAM. ONE OF THOSE NHA EMPLOYEES ALSO CONTINUED SERVING AS THE ACTING EXECUTIVE DIRECTOR OF THE HRF. 17675 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. 94067 REGIONAL MEETINGS:GENERAL OVERVIEW OF REGIONAL MEETINGS FOR 2011:MIDWEST: HELD MAY 17-18, 2011 IN MINNEAPOLIS, MNSOUTHWEST: HELD JUNE 14, 2011 IN DENVER, COALASKA: HELD AUGUST 30-31, 2011, GIRDWOOD, AKNORTHWEST: HELD OCTOBER 4, 2011 IN BELLEVUE, WANHA PUMPED STORAGE WORKSHOP, OCTOBER 3, 2011 IN BELLEVUE, WATHE 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 12965 LEGAL 429104 1761829 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 0 1 7 0 1 7 1 0 0 0 0 0 0 X 15 15 0 0 0 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 JOHN RAGONESE 2.00 X X 0 0 0 JIM CREW 2.00 X X 0 0 0 TIM OAKES 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 SUZANNE GRASSELL 2.00 X 0 0 0 RICK MILLER 2.00 X 0 0 0 ANDREW MUNRO 2.00 X 0 0 0 CHERISE ORAM 2.00 X 0 0 0 ED SCHILD 2.00 X 0 0 0 RM SINGLETARY 2.00 X 0 0 0 MARK STOVER 2.00 X 0 0 0 ERIC VAN DEUREN 2.00 X 0 0 0 JANE CIRRINCIONE 2.00 X 0 0 0 MARK E GARNER 2.00 X 0 0 0 KIRBY GILBERT 2.00 X 0 0 0 DEBBIE MURSCH 2.00 X 0 0 0 GIA SCHNEIDER 2.00 X 0 0 0 JAMES H HANCOCK JR 2.00 X 0 0 0 LINDA CHURCH CIOCCI 40.00 X 223365 0 18784 JEFFREY LEAHEY 40.00 X 114531 0 11149 337896 0 29933 2 0 1 0 THE GLOVER PARK GROUP LLC 1025 F STREET NW 9TH FLOOR WASHINGTON DC 20004 STRATIGIC COMMUNICATIONS PROJECT 192727 PENNWELL CORPORATION 21428 NETWORK PLACE CHICAGO IL 60673 CONFERENCE PLANNING 173675 WASHINGTON COUNCIL ERNST & YOUNG 1001 PENNSYLVANIA AVE NW NO 60 WASHINGTON DC 20004 LEGISLATIVE MONITORING 158000 GREEN STRATEGIES INC 816 CONNECTICUT AVE NW SUITE 200 WASHINGTON DC 20006 LEGISLATIVE MONITORING 120099 4 MEMBERSHIP DUES 900099 1744242 1744242 CONFERENCE REVENUE 900099 435549 435549 SPONSORSHIPS 900099 74115 74115 MEETING REVENUE 900099 49202 49202 HYDRO TAX HANDBOOKS 900099 2920 2920 2306028 31324 31324 2337352 2306028 0 31324 242149 312046 9859 24840 33890 5000 74666 14989 53895 13462 32881 264354 44067 144565 13974 7632 CONSULTING 741555 DUES AND REGISTRATIONS 23984 TELEPHONE 21407 PRINTING, COPYING, AWAR 19149 59465 2157829 560797 455505 453431 225381 9961 10593 29261 73497 184616 115972 80361 68644 357641 733478 13589 13589 1505041 1580687 132395 87522 641007 572418 90297 99882 863699 759822 X 641342 820865 641342 820865 1505041 1580687 179523 0 X X 0 1 1 X 0 0 0 0 1744242 394557 394557 313964 80593 55313 15672 39641 61920 57086 4834 67383 43214 24169 68644 DEFERRED RENT 99882 99882 2337352 2157829 179523 179523 2352352 15000 15000 2337352 0 2337352 2172829 15000 15000 2157829 0 2157829 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: 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, 2011 AND 2010. 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, 2011. THE ORGANIZATION'S TAX FILINGS FOR THE YEARS 2008-2010 REMAIN SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE. THE CALENDAR YEAR 2011 FORM 990 HAS NOT YET BEEN FILED. X X X 0 0 0 LINDA CHURCH CIOCCI 203365 0 20000 0 0 0 8935 0 9849 0 242149 0 217439 0 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. 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 1 0 1 1 0 0 0 0