Attach to Form 990 or 990-EZ.
Information about Schedule O (Form 990 or 990-EZ) and its instructions is at| Return Reference | Explanation |
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| FORM 990, PART VI, SECTION A, LINE 6 | ALL MEMBERS OF FRCC SHALL BE REGIONAL ENTITY MEMBERS. REGIONAL ENTITY MEMBERS SHALL BE ELIGIBLE TO PARTICIPATE IN THE REGIONAL ENTITY ACTIVITIES OF FRCC. ALL MEMBERS THAT PARTICIPATE IN THE GENERATION, MARKETING, TRANSMISSION OR PURCHASE FOR RESALE OF ELECTRIC ENERGY, ANCILLARY SERVICES OR CAPACITY ON, FROM OR TO THE BULK POWER SYSTEM IN THE FRCC REGION MAY CHOOSE TO BE SERVICES MEMBERS, AND MAY PARTICIPATE IN FRCC MEMBER SERVICES ACTIVITIES. ONLY MEMBERS THAT ARE SERVICES MEMBERS SHALL BE ELIGIBLE TO PARTICIPATE IN DECISIONS GOVERNING THE MEMBER SERVICES OF FRCC, OR THE VOTING RIGHTS AND FUNDING OBLIGATIONS OF SERVICES MEMBERS. |
| FORM 990, PART VI, SECTION A, LINE 7A | ALL VOTING MEMBERS SHALL BE ELIGIBLE TO VOTE ON QUESTIONS GOVERNING REGIONAL ENTITY ACTIVITIES. ONLY VOTING MEMBERS THAT ARE SERVICES MEMBERS SHALL BE ELIGIBLE TO VOTE ON QUESTIONS GOVERNING MEMBER SERVICES OR MEMBER SERVICES ACTIVITIES. FOR PURPOSES OF THE FOLLOWING SECTOR CLASSIFICATIONS, LOAD SERVING ENTITY, WHETHER STANDING ALONE OR AS PART OF ANOTHER SPECIFIED TERM, SHALL MEAN AN ENTITY THAT PROVIDES ELECTRIC SERVICE TO PERSONS OR ENTITIES OTHER THAN THE LOAD SERVING ENTITY ITSELF THAT PURCHASE SUCH SERVICE FOR THEIR OWN USE AND NOT FOR RESALE. VOTING MEMBERS SHALL BE CLASSIFIED INTO ONE OF THE FOLLOWING SECTORS, BASED ON THE PRIMARY NATURE OF ITS ACTIVITIES IN THE FRCC REGION RELEVANT TO REGIONAL ENTITY ACTIVITIES: (A) SUPPLIERS SECTOR - ANY ENTITY ENGAGED IN WHOLESALE POWER MARKETING TRANSACTIONS IN THE FRCC REGION; OR A GENERATING ENTITY THAT IS INCLUDED IN THE NERC COMPLIANCE REGISTRY AS A GENERATION OWNER OR GENERATION OPERATOR FOR A FACILITY IN THE FRCC REGION, OR THAT OWNS OR IS DEVELOPING GENERATION GREATER THAN 20 MW LOCATED WITHIN THE FRCC REGION AND MEETS ANY OF THE FOLLOWING: (1) AN ENTITY WITH FERC-APPROVED MARKET-BASED RATE AUTHORITY, OR (2) AN EXEMPT WHOLESALE GENERATOR, OR (3) A FACILITY SELLING ANY OUTPUT PURSUANT TO A POWER PURCHASE AGREEMENT (INCLUDING FUEL CONVERSION ARRANGEMENTS), OR (4) A FERC APPROVED QUALIFYING FACILITY. (B) NON-INVESTOR OWNED UTILITY WHOLESALE SECTOR - GENERATION AND TRANSMISSION COOPERATIVES AND MUNICIPAL JOINT ACTION AGENCIES THAT SELL ELECTRICITY TO NON-INVESTOR OWNED LOAD SERVING ENTITIES WITH NATIVE LOAD IN THE FRCC REGION. (C) LOAD SERVING ENTITY SECTOR - ANY LOAD SERVING ENTITY THAT IS NOT INVESTOR OWNED AND THAT GENERATES LESS THAN 25% OF ITS ENERGY REQUIREMENTS FOR RETAIL SALES OR HAS AN ANNUAL FULL REQUIREMENTS ENERGY FOR LOAD (FREL) OF 1800 GWH OR LESS IN THE FRCC REGION. (D) GENERATING LOAD SERVING ENTITY SECTOR - ANY LOAD SERVING ENTITY THAT IS NOT INVESTOR OWNED AND THAT GENERATES AT LEAST 25% OF ITS ENERGY REQUIREMENTS FOR RETAIL SALES, AND THAT HAS AN ANNUAL FULL REQUIREMENTS ENERGY FOR LOAD (FREL) GREATER THAN 1800 GWH IN THE FRCC REGION. (E) INVESTOR OWNED UTILITY SECTOR - INVESTOR OWNED UTILITIES GENERATING AND SERVING RETAIL NATIVE LOAD GREATER THAN 15,000 GWH IN THE FRCC REGION. (F) GENERAL SECTOR - PERSONS OR ENTITIES THAT TAKE DELIVERY OF ENERGY WITHIN THE FRCC REGION THAT IS NOT PURCHASED FOR RESALE; AGENTS OR ASSOCIATIONS REPRESENTING GROUPS OF SUCH ENTITIES THAT ARE COMMERCIAL OR INDUSTRIAL ENTITIES; AGENTS OR ADVOCATE GROUPS REPRESENTING SMALL CUSTOMERS; AND OTHER PERSONS OR ENTITIES OWNING ASSETS OR ENGAGING IN COMMERCIAL ACTIVITIES IN THE FRCC REGION. |
| FORM 990, PART VI, SECTION A, LINE 7B | THE DECISIONS OF THE GOVERNING BOARD ARE SUBJECT TO APPROVAL BY MEMBERS AT THE ANNUAL MEETING. |
| FORM 990, PART VI, SECTION B, LINE 11 | AN ELECTRONIC COPY OF THE FORM 990 IS PROVIDED TO THE BOARD OF DIRECTORS FOR REVIEW PRIOR TO FILING WITH THE IRS. |
| FORM 990, PART VI, SECTION B, LINE 12C | ON AN ANNUAL BASIS FRCC DISTRIBUTES A CONFLICT OF INTEREST STATEMENT TO ALL INDIVIDUALS CHARGED WITH GOVERNANCE. THIS STATEMENT IS SIGNED AND REVIEWED BY THE CONTROLLER AND THE CEO. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE EXECUTIVE COMPENSATION COMMITTEE DETERMINES THE COMPENSATION AND BONUS OF THE CEO AND OFFICERS OF THE CORPORATION THIS PROCESS IS DOCUMENTED AND COMPENSATION STUDIES ARE PERFORMED. THE CEO DETERMINES THE COMPENSATION FOR STAFF AND MANAGERS. COMPENSATION STUDIES ARE DONE FOR KEY EMPLOYEES. IN 2014, THE EXECUTIVE COMPENSATION COMMITTEE APPROVED BONUSES FOR THE CEO AND OFFICERS FOR MEETING THEIR 2013 TARGET GOALS. THESE BONUSES WILL BE PAID OUT IN JANUARY OF 2014. A PERFORMANCE COMPENSATION BONUS FOR KEY EMPLOYEES WAS ALSO APPROVED AND WILL BE PAID OUT IN JANUARY OF 2014. |
| FORM 990, PART VI, SECTION C, LINE 19 | BUDGETS, GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO ANY PERSON WHO REQUESTS IT VERBALLY OR IN WRITING. |
| FORM 990, PART IX, LINE 11G | CONSULTING FEES: TOTAL EXPENSES 2,897,390. SOFTWARE MAINTENANCE: TOTAL EXPENSES 141,979. |
| FORM 990, PAGE 11, PART X, LINE 7(B) | THIS REPRESENTS THE AMOUNT DUE FROM A RELATED ENTITY (FLORIDA ELECTRIC POWER COORDINATING GROUP EIN #59-1488248) FOR BOTH TAX YEARS. |
| FORM 990, PAGE 10, PART IX, LINE 7 - OTHER SALARIES AND WAGES & | THE NUMBER OF EMPLOYEES REPORTED ON FORM W-3 INCLUDES EMPLOYEES THAT WORK FOR A RELATED PARTY, FLORIDA ELECTRIC POWER COORDINATING GROUP, INC. (FEIN #59-1488248). FLORIDA ELECTRIC POWER COORDINATING GROUP, INC. REIMBURSES FLORIDA RELIABILITY COORDINATING COUNCIL, INC. FOR THESE WAGES. AS SUCH, THE W-2S THAT REPORT THESE WAGES WERE FILED BY FLORIDA RELIABILITY COORDINATING COUNCIL, INC. AND NO FORM W-3 OR FORMS W-2 WERE FILED BY FLORIDA ELECTRIC POWER COORDINATING GROUP, INC. |
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