2024-08-15T08:33:15-05:00 2023-12-31 111986323 MARCUM LLP 1899 L STREET NW 850 WASHINGTON DC 20036 990 2023-01-01 521851292 HYDROPOWER FOUNDATION INC HYDR 7207220473 8200 SHAFFER PARKWAY 270585 LITTLETON CO 80127 LINDA CIOCCI EXECUTIVE DIRECTOR 7207220473 2024-08-14 1 1 FRANK H SMITH P00639053 2022274000 2024-08-14 2023 2024-08-08 14:25:15Z LINDA CHURCH CIOCCI 8200 SHAFFER PARKWAY 270585 LITTLETON CO 80127 377300 0 X WWW.HYDROFOUNDATION.ORG X 1994 CO THE FOUNDATION DEVELOPS RESEARCH AND EDUCATION PROGRAMS TO ADVANCE KNOWLEDGE IN AND TO BUILD AWARENESS OF THE BENEFITS OF HYDROPOWER. 17 17 0 20 0 0 176175 360444 0 0 -1473 3322 -9956 1534 164746 365300 3000 0 0 0 64793 76108 0 0 54707 151248 234082 219041 310190 -54295 55110 162001 189908 63025 21153 98976 168755 X THE FOUNDATION DEVELOPS RESEARCH AND EDUCATION PROGRAMS TO ADVANCE KNOWLEDGE IN AND TO BUILD AWARENESS OF THE BENEFITS OF HYDROPOWER. 0 0 118288 GRANT PROGRAMS: STEM EDUCATION GRANT - THE FOUNDATION IS CURRENTLY WORKING UNDER A DOE GRANT IN SUPPORT OF THE NATIONAL RENEWABLE ENERGY LABORATORY TO EDUCATE STUDENTS ABOUT HYDROPOWER, ITS BENEFITS AS AN ENERGY SOURCE, AND THE WIDE VARIETY OF CAREER OPPORTUNITIES WITHIN THE INDUSTRY. THE PROGRAM HAS WORKED WITH SECONDARY EDUCATION TEACHERS, UNIVERSITIES, AND COLLEGE PROFESSORS AROUND THE COUNTRY TO PRODUCE SOURCE MATERIALS AS THEY BUILD THEIR CURRICULUMS ON HYDROPOWER AS PART OF THEIR CLEAN ENERGY PROGRAMS. THE FOUNDATION, AS PART OF THIS GRANT, HAS ALSO SUPPORTED THE DEVELOPMENT OF AN EDUCATION ELECTRONIC PORTAL THAT WAS LAUNCHED IN 2020 AND WE CONTINUE TO ADD CONTENT. WE ALSO SUPPORT THE HYDROPOWER COLLEGIATE COMPETITION (HCC) HELPING TO PREPARE STUDENTS IN THEIR PRESENTATIONS, DOING WEBINARS TO EDUCATE THEM ABOUT VARIOUS ASPECTS OF HYDROPOWER AND INFORMING THEM ABOUT THE JOB OPPORTUNITIES THAT LIE WITHIN THE INDUSTRY. THE FOUNDATION ALSO IS SUPPORTED BY A GRANT FROM DOE AS A SUBCONTRACTOR OF THE PACIFIC NORTHWEST NATIONAL LABORATORY. THAT GRANT PROGRAM IS WORKING TO UPDATE THE HYDROPOWER VISION, WHICH WAS FIRST DONE IN 2016. OUR WORK IS TO CONDUCT OUTREACH TO INDUSTRY AND LET THEM KNOW ABOUT THE UPDATED VERSION. 29942 THINK TANK IS AN UNDERGRADUATE RESEARCH SYMPOSIUM AT WHICH STUDENTS SOLVE REAL-WORLD HYDROPOWER CHALLENGES. THE FIRST WAS LAUNCHED IN 2018 IN THE SOUTHEAST, WITH PLANS TO MOVE THE PROGRAM AROUND THE COUNTRY IN THE SUCCEEDING YEARS. DUE TO COVID RESTRICTIONS, WE PLACED THE THINK TANK ON HIATUS FOR 2021 AND 2022. IN 2023 WE HOSTED ANOTHER THINK TANK SPONSORED BY SOUTHERN COMPANY IN ALABAMA. IT HAD 12 STUDENT PARTICIPANTS WHO LEARNED ABOUT HYDROPOWER, TOURED THE FACILITY, AND WORKED ON A REAL-LIFE PROBLEM FOR SOUTHERN COMPANY. TVA OBSERVED THE MEETING AND HAS COMMITTED TO SPONSOR A THINK TANK IN 2025. WE ALSO HAVE ONE PLANNED IN THE NW AT CHELAN COUNTY PUD FOR 2024. 7476 HIRING FOR HYDRO IS A PROGRAM SPONSORED BY THE NORTHWEST HYDROPOWER ASSOCIATION, WHICH BRINGS STUDENTS TO THEIR ANNUAL CONFERENCE WHERE THEY HAVE AN IMMERSION INTO HYDROPOWER THROUGH A HYDROPOWER 101 CLASS, WORK ON THEIR RESUMES, AND MEET ONE-ON-ONE WITH HYDRO OPERATORS AND OTHER MEMBERS OF THE INDUSTRY FOR POTENTIAL JOBS. THE NWHA HAS SPONSORED THE HIRING FOR HYDRO PROGRAM FOR SEVERAL YEARS. WE DID ANOTHER IN 2023 WHERE WE HAD 15 STUDENT PARTICIPANTS WHO MET WITH INDUSTRY ABOUT POTENTIAL JOB OPENINGS AND LEARNED ABOUT INTERNSHIP PROGRAMS. THE PROGRAM WAS MOST SUCCESSFUL AND THE NWHA HAS AGREED TO SPONSOR ANOTHER EVENT IN EARLY 2024. IN ADDITION, WE HOSTED ANOTHER VERSION OF HIRING FOR HYDRO, THE CLEAN ENERGY EXPO, IN CONJUNCTION WITH THE NATIONAL HYDROPOWER ASSOCIATION MEETING IN CINCINNATI IN OCTOBER OF 2023. THE DIFFERENCE BETWEEN THE TWO EVENTS IS THAT HIRING FOR HYDRO IS DONE AT THE INDUSTRY MEETING AND THE CLEAN ENERGY EXPO IS HOSTED AT THE UNIVERSITY. THAT EVENT HAD 15 INDUSTRY ORGANIZATIONS WITH ABOUT 25 STUDENTS WHO PARTICIPATED. ANOTHER IS PLANNED FOR 2024 AT CLEAN CURRENTS IN PORTLAND OREGON. 155706 1 1 0 0 0 0 0 0 0 1 0 0 1 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 0 0 0 0 1 6 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 17 17 0 0 0 0 1 0 0 1 1 0 0 1 1 1 1 1 0 1 0 0 CO X VAULT CONSULTING 7036541469 8401 GREENSBORO DRIVE SUITE 500 MCLEAN VA 22101 STEVE WENKE PRESIDENT 5.00 X X 0 0 0 KENNETH R ODOM PAST PRESIDENT 5.00 X X 0 0 0 NORM BISHOP TREASURER 5.00 X X 0 0 0 SHANNON AMES SECRETARY 5.00 X X 0 0 0 STEPHEN V AMARAL BOARD MEMBER 1.00 X 0 0 0 TIM BRUSH BOARD MEMBER 1.00 X 0 0 0 TUULI HAKALA BOARD MEMBER 1.00 X 0 0 0 PAUL T JACOBSON BOARD MEMBER 1.00 X 0 0 0 LISA LARSON BOARD MEMBER 1.00 X 0 0 0 MICHAEL MANWARING BOARD MEMBER 1.00 X 0 0 0 ALISON COLOTELO BOARD MEMBER 1.00 X 0 0 0 WAYNE PIETZ BOARD MEMBER 1.00 X 0 0 0 SHELLY ADAMS BOARD MEMBER 1.00 X 0 0 0 JOSE ZAYAS BOARD MEMBER 1.00 X 0 0 0 ANDY PETERS BOARD MEMBER 1.00 X 0 0 0 DEL SHANNON BOARD MEMBER 1.00 X 0 0 0 LINDA CHURCH CIOCCI EXECUTIVE DIRECTOR 40.00 X 76108 0 0 JANET M AUDUNSON GENERAL COUNSEL 5.00 X 0 0 0 JEFF LEAHY ASST COUNSEL 5.00 X 0 0 0 76108 0 0 0 0 0 0 0 73960 7128 71308 208048 360444 3322 3322 12000 7128 12000 0 MISCELLANEOUS INCOME 900099 1534 1534 1534 365300 0 0 4856 76108 37293 29682 9133 107136 52496 41985 12655 10975 10975 2797 2322 475 3962 1538 2236 188 9882 3511 6371 29316 18627 944 9745 52099 39074 13025 1776 1776 STIPENDS/TUITION 9486 9486 SUBSCRIPTIONS AND PUBLI 5808 5808 DUES AND REGISTRATIONS 510 510 MISCELLANEOUS 335 335 310190 155706 99777 54707 0 303 83460 55458 5777 12213 1174 2173 16853 45302 54737 74459 162001 189908 10425 6910 52600 14243 63025 21153 X 22152 91931 76824 76824 98976 168755 162001 189908 55110 20446 -5777 0 X 0 0 0 X 99488 168326 208906 176175 360444 1013339 99488 168326 208906 176175 360444 1013339 53317 960022 2974 1911 2371 2124 3322 12702 187 1534 1721 1027762 0.93410 0.95620 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 16853 3449 20302 52252 -9907 25000 492 16853 62482 -10230 52252 53818 8664 62482 48356 5462 53818 1.00000 0 0 0 PUBLICLY-TRADED SECURITIES 74459 F 74459 PART V, LINE 4: FUNDS ARE DESIGNATED BY THE BOARD TO BE HELD IN RESERVE FOR POSSIBLE FUTURE NEEDS. ACCESS TO THE FUNDS ARE BY BOARD RESOLUTION ONLY. WATER POWER RECEPTION 19128 7128 12000 12000 19128 7128 12000 12000 12000 0 FORM 990, PART VI, SECTION A, LINE 6 MEMBERS ARE ENTITLED TO ATTEND EVENTS AT A DISCOUNTED RATE AND ARE RECOGNIZED ON THE WEBSITE AS SUPPORTERS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY BOARD MEMBERS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION INTERNALLY MONITORS COMPLIANCE WITH THE WRITTEN CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION B, LINE 15A COMPENSATION FOR THE EXECUTIVE DIRECTOR AND MANAGING DIRECTOR ARE DETERMINED BY AN INDEPENDENT PERSON'S REVIEW OF COMPARABILITY DATA. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, FINANCIAL STATEMENTS AND FORM 990 AVAILABLE UPON REQUEST.