EIN 74-2011664

Association of Electric Companies of Texas

Name: Association of Electric Companies of Texas financials for 2022
Creator: Cause IQ
License: https://creativecommons.org/licenses/by-nc-nd/4.0/

Programs|Personnel|Financials|Form 990s|Peers

IRS 501(c) type

501(c)(6)

Num. employees

City

Austin

State

Texas

Year formed

1978

Most recent tax filings

2022-12-01

NTEE code, primary

W80: Public Utilities

Description

Association of Electric Companies of Texas facilitates information exchange among its member companies and engages with public and government officials to discuss public policy. The organization disseminates information about legislative and regulatory updates impacting the electric utility industry, as well as environmental, technical, and economic issues that affect it. In addition to this, the organization promotes energy development and conservation programs for the benefit of customers and investors in Texas's electric utility companies.

Total revenues

$2,766,687

2022

Total expenses

$2,666,173

2022

Total assets

$3,746,074

2022

Num. employees

2022

Program areas at Association of Electric Companies of Texas

Promotion of energy development, conservation programs and other programs designed to benefit customers of and investors in Electric utility Companies of Texas

Education of the public and assimilation and distribution of information. The Association provides information regarding legislative and regulatory updates affecting the Electric utility industry; environmental, technical, and economic issues impacting the industry; and materials to help consumers save money by lowering their Electric bill and shopping for service.

Personnel at Association of Electric Companies of Texas

Name	Title	Compensation	Date of data
Jp Urban	Interim Chief Executive Officer / Director	$252,966	2021-12-31
Mark Bell	President and Chief Executive Officer	$417,556	2024-01-23
Ben Gaffaney	Vice President and Chief Communications Officer / Vice President of Communications and External Affairs / Vice President of Communication and External Affairs	$168,250	2022-12-31
Doug Clements	Vice President of Government A	$101,633	2022-12-31
Johanna Kim	Vice President of Government Af	$101,633	2022-12-31
...and 5 more key personnel

Financials for Association of Electric Companies of Texas

Revenues	FYE 12/2022	FYE 12/2021	% Change
Total grants, contributions, etc.	$0	$0	-
Program services	$2,725,000	$2,675,000	1.9%
Investment income and dividends	$33,005	$10,059	228.1%
Tax-exempt bond proceeds	$0	$0	-
Royalty revenue	$0	$0	-
Net rental income	$0	$0	-
Net gain from sale of non-inventory assets	$3,097	$18,914	-83.6%
Net income from fundraising events	$0	$0	-
Net income from gaming activities	$0	$0	-
Net income from sales of inventory	$0	$0	-
Miscellaneous revenues	$5,585	$0	999%
Total revenues	$2,766,687	$2,703,973	2.3%

Form 990s for Association of Electric Companies of Texas

Fiscal year ending	Date received by IRS	Form	PDF link
2022-12	2024-01-23	990	View PDF
2021-12	2022-11-15	990	View PDF
2020-12	2021-12-15	990	View PDF
2019-12	2021-06-25	990	View PDF
2018-12	2020-01-28	990	View PDF
...and 9 more Form 990s

Organizations like Association of Electric Companies of Texas

Organization	Type	Location	Revenue
Texas Public Power Association (TPPA)	501(c)(6)	Austin, TX	$1,278,412
Virginia Maryland Delaware Association of Electric Cooperative (VMDAEC)	501(c)(6)	Glen Allen, VA	$7,669,746
Tennessee Valley Public Power Association	501(c)(6)	Chattanooga, TN	$8,595,984
Oregon Association of Water Utilities (OAWU)	501(c)(6)	Independence, OR	$1,908,010
Minnesota Municipal Utilities Association	501(c)(6)	Plymouth, MN	$6,144,236
National Electrical Contractors Association Nebraska Chapter	501(c)(6)	Omaha, NE	$919,933
Independent Electrical Contractors Association Florida West Coast Chapter	501(c)(6)	Clearwater, FL	$1,216,037
Alabama Rural Water Association	501(c)(6)	Montgomery, AL	$2,803,369
National Electrical Contractors Association Intermountain Chapter	501(c)(6)	Salt Lake City, UT	$1,423,507
Industrial Energy Consumers of America (IECA)	501(c)(6)	Washington, DC	$1,075,435

Data update history

May 23, 2024

Updated personnel

Identified 4 new personnel

May 20, 2024

Used new vendors

Identified 1 new vendor, including

July 14, 2023

Posted financials

Added Form 990 for fiscal year 2021

July 13, 2023

Posted financials

Added Form 990 for fiscal year 2020

June 3, 2023

Updated personnel

Identified 5 new personnel

Nonprofit Types

Public utilitiesPublic sector nonprofitsTrade associationsBusiness and community development organizations

Issues

Community improvementBusiness and industry

Characteristics

Political advocacyState / local level

General information

Address: 1005 Congress Ave Ste 1000; Austin, TX 78701
Metro area: Austin-Round Rock-Georgetown, TX
County: Travis County, TX
Website URL: aect.net/
Phone: (512) 474-6725
Facebook page: Association-of-Electric-Companies-of-Texas-INC
Twitter profile: @aectnet

IRS details

EIN: 74-2011664
Fiscal year end: December
Taxreturn type: Form 990
Year formed: 1978
Eligible to receive tax-deductible contributions (Pub 78): No

Categorization

NTEE code, primary: W80: Public Utilities
NAICS code, primary: 813910: Trade Associations
Parent/child status: Independent

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Association of Electric Companies of Texas

Program areas at Association of Electric Companies of Texas

Personnel at Association of Electric Companies of Texas

Financials for Association of Electric Companies of Texas

Form 990s for Association of Electric Companies of Texas

Organizations like Association of Electric Companies of Texas

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