Independent Power Producers of New York, Inc. (IPPNY)
Legal name: Independent Power Producers of New York Inc
Nonprofit profile at a glance
- EIN
- 222730643
- IRS 990 coverage
- 2012–2025
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2025
- Location
- Albany, New York, USA
- Phone
- 518-436-3749
- Rating
- 70
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $2,213,884
- Expenses
- $2,213,120
- Assets
- $2,230,143
- Liabilities
- $1,031,109
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
25 people listed
Executive titles in this filing
- GAVIN J DONOHUE (PRESIDENT)
Highest reported compensation
- GAVIN J DONOHUE (PRESIDENT): $489,692 total reported compensation
- RADMILLA MILETICH (LEGISLATIVE & ENVRONMENTAL): $197,308 total reported compensation
- RICHARD BRATTON (DIRECTOR, MARKET POLICY &): $124,615 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The Independent Power Producers of New York's mission is to assist its member companies in becoming the premier providers of electricity in New York State.
What it reported doing in 2025
Advocating for fair government oversight to foster new generation, fair business practices and environmental stewardship to further enhance the reliability of supply and competition of independent power throughout the state and the region. The organization was promoting and maintaining open, nondiscriminatory access to utility transmission and distribution systems for all market participants at rates that fairly reflect the actual cost of providing such access. Assisted members' efforts to respond fully to the needs of customers. Approximately 100 members served.
Operating model
- Revenue model
- Earned-program. 98% of the money available for current operations came from fees and other program 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
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 61
- Transparency & Controls: 71
- Accountability: 90
- Sustainability: 25
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 68.9%; rating input score 69
- Program expense ratio: 68.8%; rating input score 69
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: 2 of 6 controls in place; rating input score 33
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Pass
- Compensation survey or study: Missing
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 6 of 8 controls in place; rating input score 75
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 0%; rating input score 27; 27th percentile among comparable filings
- Total-asset coverage ratio: 1.01; rating input score 34; 34th percentile among comparable filings
- Liabilities to assets ratio: 0.46; rating input score 18; 18th percentile among comparable filings
- Officer compensation ratio: 36.7%; rating input score 4; 4th percentile among comparable filings
Growth
- Program expense growth: 4.8% per year; rating input score 100; 35th percentile among comparable filings
- Revenue growth: 1.8% per year; rating input score 100; 15th percentile among comparable filings
- Asset growth: 4.5% per year; rating input score 100; 30th percentile among comparable filings
Details
- What they do: Mission, programs, and operating context captured from the official website.
- Where the money goes: 68.9% of revenue deployed · 68.8% of spending went to programs
- Governance: 26 of 26 board members independent · 6 of 8 filing controls reported
- Programs: 3 filed program accomplishments · $1.5M in reported program spending
- Leadership: top reported pay $490K · 25 people listed · 2 of 6 pay-setting controls reported
- Highest-paid contractors: 3 contractors listed · $507K reported
- Consistency: 29 of 29 current checks pass
- Schedules: 4 filed schedules · includes executive pay
- Filing history: 14 filing years from 2012 to 2025
- Contacts: How to reach this organization
- Money network: 3 filed money-flow records
- 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.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Sustainability: Operating margin scored 27/100.
- Review — Accountability: Governance controls: Independent financial-statement audit not reported.
- Moderate — Sustainability: Total-asset coverage ratio scored 34/100.
- High — Sustainability: Officer compensation ratio scored 4/100.
- High — Sustainability: Liabilities to assets ratio scored 18/100.