Operations Technology Development Nfp

“Otd has delegated control over management duties customarily performed by officers to a management company, gas technology institute, an unrelated 501c3 organization. The otd board and otd technical project committee oversee the performance of the management company.”

“Although otd does not meet the irs definition of a member organization for purposes of part vi of form 990, otd bylaws state that a firm, association, or corporation which is a financial supporter of the corporation is eligible for membership in the corporation. Each such person has the power to elect one member of the governing body.”

“The president of otd reviews the form 990 before a copy is sent to directors.”

“The organization annually requires each officer and director to sign a statement affirming such person has received a copy of the conflict of interest policy, has read and understands the policy, and has agreed to comply with the policy. The governing body, or a board committee with board-delegated powers considering the transaction, determines whether a situation represents a conflict of interest. The person involved in the potential conflict of interest is not present for the discussion or vote regarding the determination of a conflict.”

“No documents available to the public.”

“Compensation of highest paid independent contractors over 100,000 - gas technology institute, 1700 s mount prospect road, des plaines, il 60018 10,059,665 for contract research management tracto technik, paul-schmidt-strasse 21, 57368 lennestadt germany 523,910 for research development pipeline research council intl, 15059 conference center drive, ste 130, chantilly, va 20151 138,785 for membership subscription alliance for sustainable energy llc, nrel, 15013 denver west parkway, golden, co 80401 120,000 for research development.”

“Other services totaling 11,125,546 include the following 10,035,513 of direct subcontract costs on member-funded research and development projects, 1,068,550 of direct subcontract costs on government-funded research and development projects, and 21,483 for annual report fees.”

“Attachment 1 - organizations mission - otd identifies, selects, and funds development, testing, and implementation of new technology, relating to gas operations and its infrastructure. Otd provides new tools, equipment, software, processes, and procedures that will enhance safety, increase efficiency, reduce operating costs, and help maintain system reliability and integrity.”