Entergy Regional State Committee

Nonprofit profile at a glance

EIN
900529998
IRS 990-EZ coverage
2020–2024
Forms available
Form 990 2019, Form 990-EZ 2024
Location
Little Rock, AR, USA
Phone
3172495400
Rating
84
Verdict
STRONG
Rating confidence
Moderate
Sector
Civil Rights, Social Action, Advocacy N.E.C.

Reported finances

Revenue
$148,135
Expenses
$135,665
Assets
$0
Liabilities
$7,223

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

7 people listed

Executive titles in this filing

  • ERIC SKRMETTA (PRESIDENT)
  • KATIE ANDERSON (VICE-PRESIDENT)

People named in this filing

  • ERIC SKRMETTA (PRESIDENT)
  • KATIE ANDERSON (VICE-PRESIDENT)
  • CRAIG GREENE (SECRETARY)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To provide state regulatory agency input on the operations of and upgrades to the entergy transmission system, including issues relating to the midcontinent independent system operator independent coordinator of transmission.

What it reported doing in 2024

The organization provides the collective state regulatory agency input on the operations of and upgrades to the entergy transmission system, including issues relating to the midcontinent independent system operator independent coordinator of transmission. The organization is reimbursed for its expenses by midcontinent independent system operator, which is the organization's sole source of revenue. The miso is reimbursed by entergy for expenses incurred while conducting it's business. The ersc board of directors typically meets 3 times per year (required to meet twice yearly as per the by-laws). Starting in 2022, the working group began holding quarterly publicworking group sessions, which could add to the ersc expenses. Expenses incurred by the ersc typically included travel expenses for directors & working group staff; expenses related to conducting meetings (space rental, audio & visual, & supplies); and annual audit/tax form preparation. Clients served are the retail ratepayers in the entergy services footprint - about 3 million.

Operating model

Revenue model
Other-operating. 100% of the money available for current operations came from other operating revenue.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Revenue has declined or grown slowly and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 95
  • Transparency & Controls: 82
  • Sustainability: 34
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 91.6%; rating input score 92
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 8.4%; rating input score 55; 55th percentile among comparable filings
  • Total-asset coverage ratio: 0; rating input score 1; 1st percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: 24.8% per year; rating input score 100; 80th percentile among comparable filings
  • Revenue growth: -8.4% per year; rating input score 0; 6th percentile among comparable filings
  • Asset growth: Limited

Details

  • Where the money goes: 91.6% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $136K in reported program spending
  • Leadership: top reported pay $0 · 7 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 1 filed schedules
  • Filing history: 4 filing years from 2020 to 2024
  • Contacts: How to reach this organization
  • Related organizations: 1 filed related-organization link
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 1/100.
  • Review — Sustainability: Operating margin scored 55/100.