2024-01-23T06:51:34-05:00 2022-12-31 742516372 REYNOLDS & FRANKE PC 6850 AUSTIN CENTER BLVD STE 100 AUSTIN TX 787313184 990 2022-01-01 742011664 ASSOCIATION OF ELECTRIC COMPANIES OF TEXAS INC ASSO 5124746725 1005 CONGRESS AVENUE STE 1000 AUSTIN TX 787012491 MARK BELL PRESIDENT & CEO 5124746725 2024-01-23 true MARK BELL 999009999 false RONALD H REYNOLDS CPA P00964479 5122063141 2024-01-23 2022 2023-04-26 12:10:37Z EXTENDED TO NOVEMBER 15 2023 MARK BELL 1005 CONGRESS AVENUE STE 1000 AUSTIN TX 787012491 2776309 false X WWW.AECT.NET X 1978 TX PROVIDES A FORUM FOR MEMBER COMPANIES TO EXCHANGE INFORMATION ABOUT PUBLIC POLICY AND TO COMMUNICATE WITH THE PUBLIC AND GOVERNMENT OFFICIALS. 11 11 6 11 0 0 2675000 2725000 28973 36102 5585 2703973 2766687 0 0 822721 1107855 0 0 1476861 1558318 2299582 2666173 404391 100514 3175813 3746074 41250 574357 3134563 3171717 PROVIDES A FORUM FOR MEMBER COMPANIES TO EXCHANGE INFORMATION ABOUT PUBLIC POLICY AND TO COMMUNICATE WITH THE PUBLIC AND GOVERNMENT OFFICIALS. false false 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. false false false true false false false false false true false false true true true true false false false false false false false false false false false false true false false false false false false false false false false false false false false true 12 0 true 6 true false false false false false false false false X 11 11 true false true false true true false true true false false true true true true true true true false false X JESSICA DELEON 5124061016 1005 CONGRESS STE 1000 AUSTIN TX 78701 MARK BELL PRESIDENT & 40.00 X 417556 0 31828 BEN GAFFANEY VP OF COMMUN 40.00 X 168250 0 19262 DOUG CLEMENTS VP OF GOV. A 40.00 X 101633 0 9620 JOHANNA KIM VP OF GOV AF 40.00 X 101633 0 8306 SCOTT HUTCHINSON CHAIR 1.00 X X 0 0 0 C MICHAEL GREGG VICE CHAIR 1.00 X X 0 0 0 BRENT CHANEY DIRECTOR 1.00 X 0 0 0 ROBERT BLACK DIRECTOR (01 1.00 X 0 0 0 DAMON WITHROW DIRECTOR 1.00 X 0 0 0 NEAL WALKER DIRECTOR 1.00 X 0 0 0 TOM ONEY DIRECTOR 1.00 X 0 0 0 JASON RYAN DIRECTOR 1.00 X 0 0 0 JAMES SCHICHTL DIRECTOR 1.00 X 0 0 0 WALT JORDAN DIRECTOR 1.00 X 0 0 0 GILBERT HUGHES DIRECTOR (11 1.00 X 0 0 0 JESSICA ONEY DIRECTOR 1.00 X 0 0 0 789072 69016 4 false true false MACH 1 1122 COLORADO ST STE 100 AUSTIN TX 78701 MEDIA 127680 1 ASSESSMENTS 541900 2725000 2725000 2725000 33005 33005 12719 5602 4020 7117 -4020 3097 3097 MISC REVENUE 900099 3474 3474 REIMBURSEMENTS 900099 2111 2111 5585 2766687 2730585 36102 636897 368517 31088 15879 55474 23379 528968 6612 80335 82507 67243 286592 1298 142505 11495 4408 ENTERTAINMENT 166057 SPONSORSHIPS 88957 ASSOCIATION EXPENSES 52429 DUES AND SUBCRIPTIONS 14798 735 2666173 0 0 0 220073 146968 2348756 2446014 253000 263933 28197 224343 120856 55781 18493 65075 307294 252156 347585 3175813 3746074 41250 14272 212500 347585 41250 574357 X 3134563 3171717 3134563 3171717 3175813 3746074 100514 -63360 X false true X true false false false false 2725000 1421849 1421849 2071000 -649151 3568 416 3152 92288 30365 61923 25000 25000 65075 OPERATING RIGHT-OF-USE ASSETS 347585 347585 OPERATING LEASE LIABILITY 347585 347585 X 2694604 -63360 -63360 2757964 8723 8723 2766687 2657450 2657450 8723 8723 2666173 SCHEDULE D, PAGE 3, PART X THE MOST SIGNIFICANT TAX POSITIONS OF THE ASSOCIATION ARE ITS ASSERTION THAT IT IS EXEMPT FROM INCOME TAXES AND ITS DETERMINATION OF WHETHER ANY AMOUNTS ARE SUBJECT TO UNRELATED BUSINESS INCOME TAX (UBIT). THE ASSOCIATION HAD NO ACTIVITY SUBJECT TO UBIT DURING THE YEARS ENDED DECEMBER 31, 2022 AND 2021. ALL SIGNIFICANT TAX POSITIONS HAVE BEEN CONSIDERED BY MANAGEMENT AND IT HAS DETERMINED THAT IT IS MORE LIKELY THAN NOT THAT ALL TAX POSITIONS WOULD BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. SCHEDULE D, PAGE 4, PART XI, LINE 4B REIMBURSEMENTS 2,111 INVESTMENT MANAGEMENT FEES 6,612 SCHEDULE D, PAGE 4, PART XII, LINE 4B REIMBURSEMENTS 2,111 INVESTMENT MANAGEMENT FEES 6,612 X true true X X X false false false MARK BELL PRESIDENT & CEO 363650 53906 23109 8719 449384 BEN GAFFANEY VP OF COMMUNICATIONS 160750 7500 9670 9592 187512 SCHEDULE J, PAGE 1, PART I, LINE 1A SOCIAL DUES FOR MEMBERSHIP TO THE AUSTIN CLUB AND HEADLINERS CLUB ARE PROVIDED TO THE PRESIDENT & CEO OF THE ORGANIZATION. FORM 990, PART VI - JESSICA ONEY & TOM ONEY - FAMILY RELATIONSHIP FORM 990, PAGE 6, PART VI, LINE 4 DURING THE CALENDER YEAR, THE BYLAWS WERE AMENDED TO: - SHOW THAT CHANGES TO THE BUDGET MUST BE APPROVED BY FOUR-FIFTHS (4/5) VOTE OF THE BOARD OF DIRECTORS. FORM 990, PAGE 6, PART VI, LINE 6 THE ASSOCIATION HAS MEMBERS. MEMBERSHIP IS AVAILABLE TO ANY COMPANY ENGAGED IN THE SALE, TRANSMISSION AND DISTRIBUTION, OR GENERATION OF ELECTRICITY IN THE STATE OF TEXAS THAT IS ELECTED TO MEMBERSHIP BY THE MEMBERS OF THE ASSOCIATION, EXCEPT FOR AN ELECTRIC COOPERATIVE OR MUNICIPALLY OWNED ELECTRIC COMPANY. NEW MEMBERS MUST BE ADMITTED WITH CONSENT OF ALL MEMBERS AND MUST BE REMOVED WITH CONSENT OF ALL MEMBERS. FORM 990, PAGE 6, PART VI, LINE 7A EACH MEMBER MUST APPOINT A DIRECTOR TO SERVE ON THE BOARD OF DIRECTORS. ALTERNATE DIRECTORS MAY ALSO BE APPOINTED BY MEMBERS TO SERVE IN THE ABSENCE OF THEIR APPOINTED DIRECTOR. FORM 990, PAGE 6, PART VI, LINE 11B THE RETURN WAS REVIEWED BY THE PRESIDENT AND CEO WITH THE PREPARING CPA AND THEN SENT TO THE ENTIRE BOARD PRIOR TO FILING WITH THE IRS. FORM 990, PAGE 6, PART VI, LINE 12C NEW BOARD MEMBERS MUST SIGN THE CONFLICT OF INTEREST POLICY EACH YEAR. THE BOARD ADDRESSES ANY CONFLICTS AS APPROPRIATE. FORM 990, PAGE 6, PART VI, LINE 15A THE ORGANIZATION'S SALARY COMMITTEE DETERMINES COMPENSATION FOR THE PRESIDENT AND CEO USING COMPARABILITY DATA. THE PRESIDENT AND CEO APPROVES ALL OTHER SALARY DECISIONS. FORM 990, PAGE 6, PART VI, LINE 19 ALL GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.