Mission
MISSIONENSURING SAFE, INEXPENSIVE, AND RELIABLE ENERGY TO OUR MEMBER MUNICIPALITIES THROUGHOUT NEW YORK STATE
Public Charity
New York Municipal Power Agency
New York Municipal Power Agency is a Public Charity headquartered in East Syracuse, NY. Financial data from the 2025 filing: $83.5M revenue, $87.8M expenses, $33.2M total assets.
EIN: 161539068
East Syracuse, NY
Local Benevolent Life Insurance Associations
NTEE: Y22
Latest filing: 2025
Total Revenue$83.5M
Total Expenses$87.8M
Total Assets$33.2M
Grant Records0
Filing Years2021–2025
Where $100 goes at New York Municipal Power Agency
How New York Municipal Power Agency divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.
$100
Programs
the work itself
<$1
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $100 for programs
$100
NYMPA acts as an agent for its members in buying bulk incremental(non-hydro) electric power for resale to its 34 member systems
Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Officers & Directors
Secretary
Erin Bonacci
2nd Vice President
Health Gordon
General Manager
James Stokes
President
Matt Hegarty
1st Vice President
Melissa Gerhardt
Treasurer
Stacy Stanton
Officer compensation and complete director data available with membership.
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $83.5M | $87.8M | $33.2M |
| 2024 | $63.6M | $59.4M | $41.4M |
| 2023 | $67.7M | $63.2M | $34.3M |
| 2022 | $72.3M | $78.3M | $36.8M |
| 2021 | $46.2M | $46.3M | $33.3M |
Between 2021 and 2025, reported annual revenue grew from $46.2M to $83.5M (+81%), with total assets most recently reported at $33.2M.
Interactive year-over-year charts and full filing details available with membership.